The machine tool industry maintains steady growth during the off-season. Kede CNC reports a production and sales rate of nearly 90%. Overseas orders are experiencing rapid growth. | Highlights from the earnings conference.
① Yin Yunzhong said that the production and sales rate of the company during the reporting period was close to 90%. Currently, the production capacity utilization rate is close to saturation. It is expected that by 2028, the production capacity of the five-axis machine can reach 1100 units. ② Yu Benhong stated that the expansion progress of the Dalian plant is steady. The purchased horizontal milling production line has entered the trial operation stage, and the gantry production line has been installed and debugged at the factory. After being put into use, it will further accelerate the capacity improvement.
The Ministry of Industry and Information Technology plans to implement large-scale digital transformation and upgrading of equipment, which will catalyze the industrial software sector.
The Ministry of Industry and Information Technology is soliciting public opinions on the 'Implementation Plan for the Digital Transformation of Light Industry (Draft for Solicitation of Comments)'. It proposes to promote the application of programmable logic controllers (PLC), distributed control systems (DCS), and other industrial control systems, industrial robots, intelligent testing equipment, manufacturing execution systems (MES), and intelligent equipment automation.
The industry is experiencing a combination of 'internal competition' and an extended acceptance period. zhejiang hangke technology incorporated's revenue and net profit both declined in the first half of the year, with several ongoing projects involving '
The main reasons are intensified domestic market competition and prolonged acceptance cycle, resulting in a year-on-year decrease in revenue and gross margin. In addition, the impact of foreign exchange rate fluctuations resulted in a loss of 8.41 million yuan in the first half of 2024. The solid state battery high-pressure fixture project is in the experimental verification stage. The overseas revenue in the first half of the year was 0.879 billion yuan, a year-on-year increase of 23.99%, with multiple ongoing projects preparing for overseas expansion.
Affected by the intensified competition in the rail transit market, China Railway Signal & Communication Corporation's revenue and net profit both declined in the first half of the year. It will still take time for the low-altitude business to contribute
①Regarding the decrease in revenue, China Railway Signal & Communication Corporation stated that the company is focusing on the development of its main tasks, promoting the transformation and upgrading of traditional industries, preventing operational risks, and the income from engineering projects has decreased. ②In the first half of 2024, the company's total newly signed contract amount accumulated to 21.023 billion yuan, a year-on-year decrease of 33.62%.
Times Electric's net profit in the first half of the year increased by 30.56% year-on-year. Some of the investment projects are delayed.
1. Times electric stated that in the first half of 2024, revenue growth benefited from the growth of railroad investments, passenger traffic recovery, and other factors, with the year-on-year growth of the acceptance and delivery volume of rail transportation products. 2. Times electric's subsidiary, Yixing Zhongche Times Semiconductors Co., Ltd., plans to invest approximately 0.946 billion yuan in the construction of medium and low voltage power component production capacity (Yixing) project.
Jilin OLED Material Tech's Q2 net income was a loss of 3.2 million yuan. The testing of its 8.6-generation linear evaporation source equipment and market development are currently underway.
①Jilin oled material tech's Q2 revenue decreased by 2.90% year-on-year, and the net income attributable to the parent company decreased by 219.75% year-on-year; ②Affected by the construction period of the 6th generation production line, the revenue from Jilin oled material tech's evaporation source equipment business in the first half of this year decreased by 29.48% year-on-year; ③By the end of the first half of the year, Jilin oled material tech has completed the prototype of the 8.6th generation linear evaporation source, and is conducting performance, parameter testing, and market development.