[中报]博实股份(002698):2025年半年度报告摘要（英文版）
原标题:博实股份:2025年半年度报告摘要（英文版） （Abstract） Ⅰ. Important Notes This Abstract is extracted from Semi-Annual Report 2025. In order to have a full understanding of the operating results, financial condition and future development planning of the Company, investors are suggested to read the full report carefully on the media designated by the China Securities Regulatory Commission (the “CSRC”). The Company’s 2025 Semi-Annual Report is prepared and published in Chinese version, and the English version is for reference only. Should there be any inconsistency between the Chinese version and English version, the Chinese version shall prevail. All directors attended the Board Meeting in person for reviewing of this Semi-Annual Report. Indicate by check mark if independent auditor issues non-standard unqualified opinion. □Applicable √Not applicable Indicate by check mark if there is a pre-arranged plan of profit distribution or transferring capital reserve into common stock for the report period which has been reviewed by the Board of Directors. □Applicable √Not applicable The Company does not plan to issue cash or equity dividends, nor to convert equity reserve into share capital of the Company in the mid 2025. Indicate by check mark if preplan for preferred stocks profit distribution to shareholders for the report period which has been reviewed and approved by the Board of Directors. □Applicable √Not applicable II. Basic Situation of the Company 1. Company Profile
Secretary of the Board Securities Affairs Representative Information
In order to enhance communication with investors and provide convenience for value investors, the Company has established the “Boshi Co., LTD. (East China) Investor Reception Center” at No. 18, Hongxin Road, Huaqiao Town, Kunshan City, Suzhou City, Jiangsu Province, Boshi (Suzhou) Intelligent Technology Co., LTD. Welcome investors to inquire about the further information, Contact number: 0512-86896688. 2. Key Financial Data and Financial Indicators Does the Company need to make retroactive adjustment or restatement of the accounting data of the previous year. □Yes √No Increase/Decrease over the 2025 H1 2024 H1 same period of previous year
End of previous year reporting period previous year end
3. Number of Shareholders and Shareholding Unit: Share Total number of shareholders of Total number of shareholders of common stocks at the end of the 51,604 preferred stock with resumed voting right 0 reporting period at the end of the reporting period Top 10 shareholders(Excluding shares lent in refinancing) Pledged, marked or Quantity of Ownershi Quantity of frozen stocks Name Nature restricted p stocks stocks held Status Quantity
Shareholders holding more than 5%, the top 10 shareholders and the top 10 shareholders of unlimited tradable shares participate in the refinancing business to lend shares. □Applicable √Not applicable The top 10 shareholders and the top 10 shareholders of unlimited outstanding shares have changed from the previous period due to refinancing lending/restitution reasons. 4. Change of the controlling shareholder or the actual controller Change of the controlling shareholder in the reporting period □Applicable √Not applicable The controlling shareholder did not change in the reporting period. Change of the actual controller in the reporting period □Applicable √Not applicable The actual controller did not change in the reporting period. 5. Number of preference shareholders and shareholdings of top 10 of them □Applicable √Not applicable The Company had no preference shareholders in the reporting period. 6. Corporate bonds that existed on the date when this Report was authorized for issue (1) Bond profile Balance of face value at the end Bond name Abbreviation Bond code Date of issue Maturity of reporting Coupon rate period (RMB’0,000)
36.13 (3) Top 10 convertible bond holders
III. Other Significant Events IV. Management Discussion and Analysis 1. Company Main Businesses during the Reporting Period (1) Industry overview during reporting period ①Industry overview According to the proportion of revenue during the reporting period, the Company’s main businesses in its industry are shown in the following figure： The Company aims to build a service-oriented manufacturing industrial system for long-term development whose dual-core growth engine is driven by intelligent manufacturing equipment and industrial services, which leverage the advantages of the equipment industry’s extension. These two sectors respectively align with the state-supported industrial directions of high-end equipment manufacturing and modern service industries. During this reporting period, the intelligent manufacturing equipment and industrial services, these two core growth businesses, accounted for 97% of the operating revenue. Additionally, environmental protection process contributes 3% of the operating revenue. Intelligent Manufacturing Equipment： As the main body of the national economy and the foundation of the powerful country, the intelligent upgrading of the manufacturing industry and the digital transformation of the industry has become one of the core strategies of the national economic development. The current intelligent transformation of China’s manufacturing sector exhibits a dual-track parallel trend. On the one hand, the adoption rate of automation equipment in industrial enterprises of a certain scale is notably high. However, the number of digital factories that have achieved equipment networking and data integration is relatively limited. Moreover, the proportion of smart factories capable of intelligent decision-making remains lower. Facing the future, there is huge potential for digital transformation of the existing production capacity of these enterprises. On the other hand, strategic emerging industries, exemplified by new energy and new materials, incorporate smart factory standards from the outset of construction, and the demand for intelligent manufacturing equipment keeps burgeoning. The intelligent upgrading of China’s manufacturing industry promotes the dual track of stock transformation and new capacity demand, showing strong resilience and vitality, and the demand has not seen obvious periodicity. The Company has been engaging in the field of intelligent equipment for a long time, with independent controllable core security of intelligent manufacturing equipment products, to help China’s manufacturing promote quality and efficiency. Replacing imported equipment or industry-first applications to promote the technological progress of related industries with scientific and technological innovation. The Company implements a differentiated competitive strategy based on technology leadership. In terms of technological R&D, product innovation, advantages in large-scale system integration, industrial service capabilities, engineering implementation experience, and brand dependence, it has formed significant differences from its competitors and built a comprehensive competitive advantage. The Company’s intelligent manufacturing equipment are widely applied in petrochemical, sub-merged arc furnace, new energy, grain, animal feeds, building materials, medicine, food, port logistics, and many other industries, to provide customers with efficient intelligent manufacturing equipment, and promote the application and implementation of the overall smart factory solution. In recent years, the State actively advocates the implementation of industrial digitalization strategies. The Company has accelerated the accumulation application of digital and intelligent technologies mastered. In multiple product application fields, the Company now possesses full-stack application solution capabilities, forming a complete product matrix ranging from intelligent complete sets of equipment, digital workshops to intelligent factories. In the major domestic product application fields, the Company’s technology and intelligent equipment products are in a leading position, and there are no competitors of the same scale yet. The application scale of some of the product technologies has reached the world’s leading level. In recent years, the Company’s intelligent manufacturing equipment business has achieved sustained good and rapid development in terms of product innovation, application field expansion, revenue scale and profit level, and has brought good returns to shareholders. Industrial Service： In March of 2021, thirteen government departments, including the National Development and Reform Commission, the Ministry of Science and Technology, and the Ministry of Industry and Information Technology, collectively released the Opinions on Accelerating the High-quality Development of the Manufacturing Service Industry. This document unequivocally positions the manufacturing service industry as a pivotal cornerstone in enhancing the competitiveness and overall strength of manufactured goods, thereby facilitating the transformation and upgrade of the manufacturing sector and its journey towards high-quality development. Manufacturing enterprises are accelerating their leap from traditional manufacturing to “manufacturing + services” and their transformation from single product delivery to “product + service” solutions by innovating business models, reconfiguring production organization systems, and increasing the proportion of service elements. Service-oriented manufacturing not only effectively extends the value dimension of the equipment manufacturing industrial chain, but also significantly enhances the added value and productivity of industrial service elements, injecting continuous impetus into the improvement of market competitiveness. Boshi has long been committed to the realm of intelligent manufacturing equipment, meticulously crafting a comprehensive production operation and maintenance management service system that spans the entire lifecycle of equipment products. This innovative approach empowers customers with integrated industrial services encompassing equipment operation and maintenance, as well as finished product storage and transportation. Consequently, clients can concentrate on their core competencies, thereby reducing costs, enhancing efficiency, and fostering high-quality development. The Company’s industrial service demands not opened up through in-depth exploration of customer needs and continuous breakthroughs in new production and operation and maintenance projects. The demand for industrial services is growing in both directions, and the development momentum is moving towards each other. In the future, the scale and capacity of services are expected to achieve a stepwise improvement. Based on continuous business innovation and industry-leading service delivery capabilities, the product and service integration strategy that has been implemented since the IPO initial fundraising in 2012 has achieved remarkable results. To date, a service network covering all regions of the country except Hong Kong, Macao, Taiwan and Xizang has been formed, and the service scale and profitability have remained among the top in the industry. In August of 2021, our Company was distinguished as the “Advanced Manufacturing and Modern Service Industry Integration Development Pilot Unit” by the National Development and Reform Commission. Subsequently, in January 2023, we were honored with the title of “Fourth Batch of Service-Oriented Manufacturing Demonstration Enterprise” by the Ministry of Industry and Information Technology. These dual national recognitions amply underscore our Company’s pioneering and leading role in the realm of manufacturing and service industry integration. Environmental Protection Process and Equipment: “Lucid waters and lush mountains are invaluable treasures. A healthy ecological environment not only represents natural wealth but also signifies economic prosperity, influencing the potential and sustainability of economic and social development.” The state has integrated green and low-carbon development into the core strategy of high-quality development. In key areas such as deep treatment and recycling of industrial waste gas, the treatment and recycling project of industrial waste acid and acid gas implemented by Boao Environment, the Company’s holding subsidiary, can collect and treat waste sulfuric acid and sour gas in industrial production, generate high-purity sulfuric acid for recycling production, and recover and reuse the heat energy released in the process. This not only achieves energy saving and emission reduction but also recycling and economic efficiency, balancing environmental protection with economic benefits and social benefits. ②Industry policy impact In the context of the in-depth promotion of the national strategy of “manufacturing power”, the policies of intelligent manufacturing, digital economy and industrial digital transformation and upgrading continue to th release the momentum of development. During the 14 Five-Year Plan period, the intensive introduction of a number of national industrial policies has built a solid policy support system for the field of high-end intelligent manufacturing equipment, enabling the development and industrial upgrading of enterprises in the industry in an all-round way from technological innovation, scene expansion to industrial ecological construction. In the first half of 2025, the successive release of the National Intelligent Manufacturing Standard System Construction Guidelines (2024 Edition) and the Reference Guidelines for Typical Scenarios of Intelligent Manufacturing (2025 Edition) are important policies measure for China to promote new industrialization and develop new quality productive forces. Through the dual guidance of “standard unification” and “scenario implementation”, the two have jointly built the cornerstone of the national digital strategy path, aiming to comprehensively enhance the standardization level of intelligent manufacturing, lead the manufacturing industry to accelerate intelligent upgrading, and promote the construction of new industrialization. The conducive to accelerating the digitalization process of the national industry, driving the intelligent reconstruction of enterprise business processes, and accelerating the move towards an outstanding intelligent factory. This is highly consistent with the strategic direction of the Company’s focus on developing intelligent manufacturing equipment business. th th 14 Five-Year Plan for the Development of the Digital Economy, 14 Five-Year Plan for the Development of th th Intelligent Manufacturing, 14 Five-Year Plan for the Development of the Robot Industry, 14 Five-Year Plan for the Deep Integration of Informatization and Industrialization, Implementation Plan for the “Robot Plus” Application Action, Opinions on Promoting the Innovative Development of Future Industries, Guidelines for the Construction of the Standard System for Service-oriented Manufacturing, national strategies, industrial policies such as the Guidelines for the Comprehensive Standardization System Construction of the National Artificial Intelligence Industry (2024 Edition), Reference Guidelines for Typical Scenarios of Intelligent Manufacturing (2024 Edition), Implementation Plan for the Gradient Cultivation Action of Intelligent Factories, Implementation Guidelines for the Digital Transformation of Manufacturing Enterprises, and Action Plan for Promoting Large-scale Equipment Renewal and Trade-in of Consumer Goods, as well as measures for maintaining growth and improving quality demand, investment promotion and consumption policy measures provide continuous impetus for the Company’s technological iteration, market expansion and product innovation. The impact of the above-mentioned relevant policies can be found in the Company’s 2023 and 2024 annual reports or specific industrial policy interpretations. (2)Company Main Businesses during the Reporting Period ①Main products, industrial services and application level Overall Solution for Intelligent Manufacturing Equipment and Intelligent Factory Post-processing Intelligent Manufacturing Post-processing Intelligent Manufacturing Equipment for Solid Material Equipment for Rubber It is applied in the post-processing fields for the powder, Intelligent Logistics, Warehousing Systems Robot Plus Industrial Services The industrial services, extended from in the above-mentioned related fields of intelligent manufacturing equipment, are mainly integrated service, equipment maintenance and spare parts sales which facing the operation in the application fields of intelligent manufacturing equipment, after-sales industrial service, and supplementary industrial service. Adhering to the Company’s technological leadership in the field of intelligent equipment, leading service capabilities and scale in the field ②Business model The business model of large-scale intelligent manufacturing equipment is driven by sales, production organization, product delivery and acceptance, revenue recognition and other links, as shown in the following figure: The content characteristics of the operation and maintenance aftermarket and complementary industrial services business models are summarized in the figure below: Industrial Services——Operation and After-sales Type Industrial Services Industrial Services——Supplementary Industrial Services and Miscellaneous FFS Film roll production enterprise matching with industrial services (Nanjing Green New ③Develop new quality productivity to serve the national digitalization strategy. As the outcome of revolutionary technological breakthroughs and innovative allocation of production factors, new quality productivity is reshaping the competitive landscape of the global intelligent equipment industry, promoting the evolution of China’s industry from traditional manufacturing to intelligent manufacturing, and giving rise to changes in the industrial ecosystem. In the application field of intelligent manufacturing equipment products, the Company has achieved the ability and breakthrough to leap from single machine and automated production lines to digital workshops and overall solutions for intelligent factories, deeply serving the national digitalization strategy, industrial upgrading and the demand for cultivating future industries. Following the successful implementation and delivery of two calcium carbide intelligent factory (workshop) th projects in 2024, on April 24 , 2025, the Company held the “Intelligent Start of a New Journey, Intelligent Win of the Future: Calcium Carbide Intelligent Factory - Digital Transformation and Practical Application Conference” in the city of Wuhai, known as the “Pearl of the Yellow River”. Many industry leaders, experts and enterprise representatives attending the conference jointly explored new paths for the digital and intelligent transformation of the calcium carbide industry, aiming to inject new impetus into the green and sustainable development of the industry. During the on-site visit to the Company’s calcium carbide intelligent factory for customers, the production site of the intelligent factory was orderly and the equipment operated efficiently and precisely. The participants witnessed together the huge changes brought about by digital technology to calcium carbide production. The Company’s overall intelligent factory solution for calcium carbide production has been fully recognized and positively responded to by the attending customers. In the future, it is expected to drive more potential customers to join the path of digital transformation and intelligent transformation, achieving green and sustainable development. Legend: Calcium carbide intelligent factory –the scene of the Digital Transformation and Practical Application Conference The intelligent factory for calcium carbide production has comprehensively revolutionized the traditional production process of calcium carbide electric furnaces, solving the industry’s pain points such as environmental harm, high energy consumption, heavy pollution and low production efficiency. The Company integrates artificial intelligence technologies such as machine vision, deep learning, robot control algorithms, and expert control strategies with industrial Internet communication technologies, and applies them to the overall solutions of intelligent workshops and intelligent factories. This has overturned the traditional production process of calcium carbide electric furnaces, built an intelligent closed loop of “perception - decision-making - execution”, and significantly improved production safety and operational efficiency. Realize precise control throughout the entire process and efficient intelligent production, and unlock the future manufacturing model. ④Key performance drivers During the reporting period, although the environmental protection process and equipment business, which serves as a beneficial supplement to the performance, achieved a decrease of RMB 150 million in operating revenue compared to the same period of the previous year, the Company’s two core growth businesses, “intelligent equipment” and “industrial Services”, realized operating revenue increase by 5.30% and 3.38% respectively year-on-year, contributing the majority of the Company’s RMB 277 million net profit attributable of net profit attributable to the parent company by 1.71%. In the intelligent manufacturing equipment business, the intelligent manufacturing equipment for solid material post-treatment achieved a revenue of RMB 785 million, representing a year-on-year growth of 8.60%. The revenue of this sub-business reached the best level of half year in history, and its gross profit margin also reached an outstanding 41.91%, demonstrating the Company’s core competitiveness. The Company has long been committed to the innovation and development of intelligent manufacturing equipment, to achieve domestic equipment instead of imports and the independent control of major equipment core technology. With the technology leading differentiation competitive strategy, The Company emphasizes R&D investment and product innovation, continues to open up new markets and guides market demand. The Company’s solid core technical capabilities, rich industrial application practical experience, “point → line → whole” efficient technology development path, and focus on high-tech barriers to R&D positioning, constitute the main and important internal driving factor for the company's sustained and healthy development and the formation of core competitiveness. At the same time, the promotion and implementation of medium and long- term strategic plans such as China’s intelligent manufacturing 2025 and 2035, the intensive introduction of industrial promotion policies such as intelligent manufacturing, robotics and digital economy, and the strong internal demand of manufacturing enterprises for automation, digitalization and intelligent manufacturing have provided a strong external environment for the high-quality development of the Company. In recent years, the Company achieved outstanding results in technology leadership strategy, large system complete strategy, product service integration strategy. In the application field of the Company’s products, the continuous improvement of the Company’s overall solution capability of intelligent manufacturing, the implementation of smart factories, and the collaborative contribution of “intelligent equipment” + “industrial services” have consolidated the Company’s core competitive strength and achieved good and rapid development of business performance. The main business that is highly compatible with the development direction of China’s intelligent manufacturing will continue to contribute to the growth momentum of the Company. 2. Core Competitiveness Analysis As an enterprise with product innovation as its core driving force, the Company adheres to a differentiated competitive strategy of leading technology. With a deep understanding of the development trend of China’s industrial automation and more than 20 years of industrial practice, the Company has built a coordinated development business pattern of intelligent manufacturing equipment and industrial service, environmental protection technology and equipment beneficial supplement, and formed a core competitiveness system of “technology– product – service – ecology”. In recent years, the Company’s business scale has grown rapidly, and its profitability has been greatly improved. Through continuous strengthening of digital and intelligent technology R&D and application investment, the Company has formed a complete product matrix covering “single equipment - complete production line - smart factory”, creating a global service capability, and its comprehensive competitiveness has continued to improve in the development of the industry. (1) Technology - Technology leadership forge core competitiveness. ①Leadership in product innovation capabilities driven by technology. Innovation is the core driving force for the development of science and technology enterprises, and technology leadership is the key to the Company’s core competitiveness. The Company closely focuses on the needs of China’s intelligent manufacturing industry, continues to increase R&D investment, accurately grasp development opportunities, actively expand market application fields, and constantly improve product innovation capabilities and application levels. With unremitting efforts, the Company continues to consolidate its technological lead and ranks at the forefront of the industry competition for a long time. In terms of intelligent manufacturing equipment product line, the Company’s products have significant technical advantages of high speed, high precision and high reliability, and accurately focus on the high-end intelligent manufacturing equipment market to meet customers’ stringent requirements for efficient, safe and fine production. In the field of intelligent manufacturing overall solutions, the Company deeply integrates artificial intelligence technologies such as machine vision, deep learning, and robot control algorithms to create multi-category innovative product solutions and build digital and intelligent production scenarios for customers. The Company has successfully realized the overall intelligent manufacturing solutions such as solid material post-processing, electric stone furnace smelting operation intelligent workshop, helping customers realize the digital transformation and intelligent manufacturing upgrade of the factory, promoting the synchronous improvement of production efficiency and quality, and realizing intelligent manufacturing. In the domestic application field of the main products, the Company’s products and technologies have long been in the leading position in China, reaching the international advanced level, and the application scale of some products has reached the international leading level. ② Master innovation and application capabilities driven by underlying technologies. Mastering underlying technologies, algorithms and application platform technologies is the key for the Company to achieve independent control of core technologies, and it is also the core technical path to implement a technology-leading differentiated competition strategy and enhance competitiveness. Taking the Company’s technological accumulation in the “robot plus” field as an example, with its in-depth control over the underlying technologies, the Company can quickly apply its technical capabilities in the field of special operation robots for high-temperature environments to the solutions of digital workshops and smart factories, forming a core competitiveness that promotes the digital transformation of industries. Legend：Development platform for mobile robot system based on autonomous navigation Legend：Robot motion control system Legend：R&D platform of AI system based on artificial intelligence ③Systematized innovation and integrated R&D capability through “point → line → whole” path. Throughout the Company’s technology, product development and industrialization process, the Company enters new industries and new fields, usually with key single unit equipment (“point”) as the entry point; After breaking through the technical problems that have long restricted the development of the industry and solving the key pain points of the industry, the Company rapidly expanded the key single unit equipment to the automated production line (“line”) to achieve vertical innovation of products; With the accumulation of technology and the in-depth understanding of the industry, the Company further builds the overall solution of intelligent manufacturing (“whole”) to form an integrated technology and product capability. Taking the high- temperature special operation robots for smelting in submerged arc furnaces as an example, the Company, in response to the safety production and manual replacement demands of traditional calcium carbide submerged arc furnaces, has successfully developed a calcium carbide (high-temperature) furnace front operation robot (“point”) based on industrial robot technology, which has the significance of revolutionizing manual operations. Subsequently, the Company successively developed key production operation systems such as the calcium carbide ramming furnace robot, inspection robot, and key production operation systems including intelligent pot transfer technology (“line”), and ultimately formed an epoch-making overall solution for intelligent workshops (“whole”). This “point → line → whole” systematized innovation and integrated R&D capability helps the Company concentrate technology, capital and resources, reduce product development risks, improve the output efficiency of R&D investment, open the ceiling of growth with new products, new fields, new applications and new markets, and enhance the Company’s core competitiveness. ④Technology migration and cross-industry application capability. The Company can achieve the horizontal expansion of product application by “redevelopment” and “re- application” the technological breakthroughs and accumulations in a certain field across industries. For example, the Company will be based on the technical breakthrough and technology accumulation in the direction of special operation robots in the high-temperature working environment of calcium carbide, for the horizontal redevelopment of a variety of high-temperature working environment of ferrosilicon, successively. The Company’s technological transfer and cross-industry application capabilities in the fields of technology and product innovation help accelerate the enhancement of its core competitiveness. Legend：The product atlas of special operation robot in high temperature environment ⑤Patents, software copyrights and proprietary technologies continue to support product innovation capabilities. During the reporting period, the Company obtained 26 patents approved by the State Intellectual Property Office, including 13 invention patents and 13 utility model patents; 12 software copyrights were approved by the National Copyright Administration. In addition to patent technology, the Company has a considerable amount of core technical know-how that exists in the form of proprietary technology by relying on confidentiality measures. The patents, proprietary technology and software copyright owned and mastered by the Company are important carriers of its core competitiveness. (Note: The amount of intellectual property acquired during the reporting period may have a slight deviation due to the limitation of statistical time points, and is only for investors’ trend reference. Investors are urged to pay special attention to relevant risk factors.) (2) Product - A multi-category product matrix to establish market competitive advantage. ①A multi-category product matrix builds core competitiveness. The Company’s intelligent manufacturing equipment covers overall solutions for intelligent manufacturing in the post-treatment of solid materials, (high-temperature) “robots plus” and overall solutions, post-processing intelligent manufacturing equipment for rubber, and intelligent logistics and warehousing systems. It also supplements with environmental protection process technologies and complete sets of equipment. The Company’s high-speed, high-precision, high-performance and highly reliable multi-category products are widely used in numerous industries and fields such as petrochemical and chemical engineering, electric arc furnaces, new energy, grain, feed, building materials, medicine, food, ports and logistics. The multi-category ②Intelligent workshop, intelligent factory, overall solution present substantial market opportunities. The Company applies artificial intelligence technologies such as machine vision, deep learning, robot control algorithm, and expert control strategy, combined with industrial Internet communication technology, to the overall solution of intelligent factory/workshop, maximize the realization of minimal or unmanned operation in production scenarios. Customers rely on intelligent production decision-making management to achieve safe, reliable and refined production and improve overall operational efficiency. Legend：Calcium carbide production intelligent workshop to achieve few people, unmanned production operations From the calcium carbide post-processing intelligent factory/workshop project delivered to customers by the Company, in the application side, the customer has realized the replacement of manual work under dangerous and heavy working conditions with high-tech products, innovated the traditional process method, and improved the safety and well-being of workers, which is of great significance to the calcium carbide industry; At the product sales end, compared with the sales of single machine products (“point”) and complete sets of equipment (“line”), the overall solution for intelligent factories (“whole”) has the potential to bring about a multiple increase in market space and contract value due to its strong product competitiveness and limited market competition pressure. This “whole” - the ability of the overall solution for smart factories - determines the core competitiveness of the Company in future market competition. (3) Service – Integrated service capabilities to enhance competitive advantage. The Company will closely combine the technology leading advantage in intelligent equipment and the scale advantage of product application with industrial services, and actively promote the implementation of the integration strategy of products and services. The Company’s industrial services, covering consulting, spare parts sales, equipment transportation, inspection, maintenance and transformation, production operation and maintenance management and other full-scene application forms, has now covered all regions except Hong Kong, Macao, Taiwan, Xizang, service scale and capacity are industry-leading. The Company’s service integration strategy provides customers with multi-dimensional, high-quality equipment operation support services and production operation and maintenance integrated solutions, helping customers focus on the main business, to achieve continuous, stable and efficient production. The Company’s professional, high-quality and advanced service model has become the preferred choice for customers to improve quality and efficiency in a complex industrial production environment, creating value for customers and achieving a win-win situation. a good synergy effect and promoted the high-quality development of the Company’s business. Legend: The coordinated development and positive interaction of intelligent equipment and industrial services Industrial service revenue can steadily increase with the growth of intelligent equipment product sales and customer production and operation equipment base, the Company to undertake large-scale production operation and maintenance service projects will also bring a step wise increase in service revenue. This coordinated development model of services and products not only enhances customer stickiness but also effectively offsets the negative fluctuations in the intelligent equipment business, improves the Company’s overall risk resistance capacity in operation, and forms a core competitiveness. (4) Ecology - The industrial ecological results stabilize the core competitiveness. ①Leading competitiveness in the industry driven by advanced technology. In the core business areas of intelligent manufacturing equipment and industrial services, relying on its core technological capabilities and product innovation capabilities, the Company develop and apply intelligent equipment products with market competitiveness, enhance the dimension of industrial services, and continuously consolidate its competitive advantage position. The Company’s main products, technologies and application scale led the domestic related application fields in a long time period, and have won many industry honors, and has built an industrial ecosystem where customers, suppliers, social value, enterprise value and other multiple dimensions coexist, co-prosper, win together, develop healthily and sustainably. ②Brand competitiveness to enhance customer loyalty. The Company establishes brand with quality, promotes progress with technology, and wins trust with service. Through high-quality products and efficient industrial services, the Company strives to achieve production automation, digital and intelligent manufacturing for customers. The Company enjoys continuous leading visibility, reputation and customer loyalty in the main product application fields in China as well as pursues excellence, leads the development of intelligent manufacturing equipment in the application industry, and builds a stable, cooperative and win-win customer base in the long term. High-quality customer resources and huge demand potential for intelligent manufacturing equipment are the foundation and fertile soil for the Company’s long-term, sustained and rapid development. ③ Improving the quality and efficiency of intelligent manufacturing equipment, to promote the sustainable development of social green and low-carbon economy. To transform traditional industries with high and new technology is the duty, mission and responsibility entrusted to innovative science and technology enterprises by the era. The Company’s overall solution for （未完）  |