Headman(688577)2024-12-11 07:41Financial Performance - In the first three quarters of 2024, the company achieved operating revenue of 54,406.39 million yuan, an increase of 16.92% compared to the same period last year [4] - The net profit attributable to shareholders was 1,733.49 million yuan, a decrease of 27.47% year-on-year [4] - The decline in profit is attributed to increased depreciation and amortization due to ongoing investments in capacity construction and new product development, as well as the expansion of dealer channels to boost sales [4] Capacity Development - The company has made progress in capacity construction with three major bases: Shamen, Puqing, and Shanghai [4] - Shamen base, a key project, has seen a year-on-year output growth of approximately 20% and focuses on producing large-scale CNC lathes and new product trials [4] - The technical transformation project at Puqing base has officially started, aiming to enhance equipment capabilities and expand the production capacity of small and medium-sized CNC lathes, expected to be completed by 2026 [6] Research and Development - The company emphasizes R&D innovation, focusing on five-axis technology and ultra-high precision technology as key areas for achieving core technology autonomy [6] - A prototype of a five-axis five-linkage composite machine tool is in the trial production stage, while the design phase for ultra-high precision CNC lathes has been completed [6] - The company is actively engaging with downstream enterprises for application technology exchanges in the robotics sector, supplying relevant equipment [6] Order Status - As of November, the company reported a full order book, with both orders and shipments meeting expected growth targets [8]