Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82
视频聊天泡mm - 所困,以身偿租的无奈故事
随机图片

视频聊天泡mm - 所困,以身偿租的无奈故事

更新时间: 浏览次数: 742

400电话:123456(点击咨询)
视频聊天泡mm - 所困,以身偿租的无奈故事各观看免费《今日汇总》
视频聊天泡mm - 所困,以身偿租的无奈故事各热线观看免费2025已更新(2025已更新)








视频聊天泡mm - 所困,以身偿租的无奈故事观看免费电话:(1)123456(点击咨询)(2)123456(点击咨询)








视频聊天泡mm - 所困,以身偿租的无奈故事观看免费热线(1)123456(点击咨询)(2)123456(点击咨询)




视频聊天泡mm - 所困,以身偿租的无奈故事各区点热线观看免费《今日发布》
Random Image 视频聊天泡mm - 所困,以身偿租的无奈故事电话








7天观看免费人工电话为您、视频聊天泡mm - 所困,以身偿租的无奈故事团队在调度中心的统筹调配下,线下专业及各地区人员团队等专属,整个报修流程规范有序,后期同步跟踪查询公开透明。








所有团队均经过专业培训、持证上岗,所用产品配件均为原厂直供,








视频聊天泡mm - 所困,以身偿租的无奈故事各观看免费《今日汇总》2025已更新(今日/推荐)








视频聊天泡mm - 所困,以身偿租的无奈故事电话区域:








大庆市(肇州县、大同区、让胡路区、林甸县、龙凤区、萨尔图区、肇源县、杜尔伯特蒙古族自治县、红岗区)








济源市








昭通市(大关县、盐津县、鲁甸县、彝良县、昭阳区、水富市、巧家县、镇雄县、威信县、绥江县、永善县)








日喀则市(萨迦县、萨嘎县、仁布县、仲巴县、康马县、白朗县、江孜县、岗巴县、吉隆县、桑珠孜区、聂拉木县、谢通门县、定结县、拉孜县、昂仁县、亚东县、南木林县、定日县)  延安市(延川县、宜川县、甘泉县、黄龙县、宝塔区、安塞区、富县、子长市、延长县、志丹县、黄陵县、洛川县、吴起县)








梅州市(大埔县、五华县、平远县、梅县区、兴宁市、梅江区、丰顺县、蕉岭县)








达州市(万源市、达川区、大竹县、通川区、开江县、渠县、宣汉县)








武威市(民勤县、古浪县、天祝藏族自治县、凉州区)








巴音郭楞蒙古自治州(轮台县、和硕县、库尔勒市、博湖县、尉犁县、若羌县、和静县、焉耆回族自治县、且末县)  韶关市(乳源瑶族自治县、翁源县、武江区、始兴县、新丰县、南雄市、曲江区、浈江区、乐昌市、仁化县)








毕节市(赫章县、织金县、七星关区、大方县、威宁彝族回族苗族自治县、纳雍县、黔西市、金沙县)








东营市(利津县、河口区、东营区、广饶县、垦利区)








甘南藏族自治州(卓尼县、舟曲县、玛曲县、合作市、碌曲县、夏河县、临潭县、迭部县)








临夏回族自治州(和政县、康乐县、广河县、永靖县、积石山保安族东乡族撒拉族自治县、临夏市、临夏县、东乡族自治县)








眉山市(东坡区、青神县、洪雅县、仁寿县、丹棱县、彭山区)








衡水市(武强县、景县、桃城区、枣强县、安平县、深州市、故城县、阜城县、饶阳县、武邑县、冀州区)








保定市(定兴县、涞源县、高碑店市、满城区、徐水区、唐县、高阳县、雄县、竞秀区、清苑区、容城县、定州市、阜平县、望都县、蠡县、博野县、安新县、易县、莲池区、涞水县、安国市、顺平县、曲阳县、涿州市)








黄南藏族自治州(同仁市、泽库县、河南蒙古族自治县、尖扎县)








洛阳市(孟津区、栾川县、新安县、宜阳县、伊川县、西工区、汝阳县、偃师区、嵩县、洛龙区、涧西区、洛宁县、老城区、瀍河回族区)








广元市(利州区、剑阁县、昭化区、青川县、苍溪县、旺苍县、朝天区)








舟山市(岱山县、嵊泗县、定海区、普陀区)








福州市(晋安区、平潭县、鼓楼区、连江县、仓山区、长乐区、闽侯县、闽清县、罗源县、马尾区、台江区、永泰县、福清市)








三沙市(南沙区、西沙区)








秦皇岛市(青龙满族自治县、抚宁区、昌黎县、海港区、山海关区、卢龙县、北戴河区)








新乡市(获嘉县、原阳县、凤泉区、封丘县、卫滨区、红旗区、新乡县、辉县市、牧野区、延津县、长垣市、卫辉市)








银川市(金凤区、西夏区、灵武市、永宁县、兴庆区、贺兰县)








河源市(连平县、源城区、龙川县、东源县、和平县、紫金县)








宁夏回族自治区








攀枝花市(西区、仁和区、米易县、盐边县、东区)
400电话:123456(点击咨询)
视频聊天泡mm - 所困,以身偿租的无奈故事各观看免费《今日汇总》《今日发布》
视频聊天泡mm - 所困,以身偿租的无奈故事各观看免费《今日汇总》(2025已更新)








视频聊天泡mm - 所困,以身偿租的无奈故事观看免费电话:(1)123456(点击咨询)(2)123456(点击咨询)








视频聊天泡mm - 所困,以身偿租的无奈故事观看免费热线(1)123456(点击咨询)(2)123456(点击咨询)




视频聊天泡mm - 所困,以身偿租的无奈故事各观看免费《今日汇总》【2025已更新列表】
视频聊天泡mm - 所困,以身偿租的无奈故事电话








7天观看免费人工电话为您、视频聊天泡mm - 所困,以身偿租的无奈故事团队在调度中心的统筹调配下,线下专业及各地区人员团队等专属,整个报修流程规范有序,后期同步跟踪查询公开透明。








所有团队均经过专业培训、持证上岗,所用产品配件均为原厂直供,








视频聊天泡mm - 所困,以身偿租的无奈故事中心2025已更新(今日/推荐)








视频聊天泡mm - 所困,以身偿租的无奈故事电话区域:








邵阳市(绥宁县、洞口县、大祥区、新邵县、双清区、武冈市、城步苗族自治县、邵东市、邵阳县、隆回县、北塔区、新宁县)








乐山市(马边彝族自治县、金口河区、峨眉山市、沙湾区、沐川县、井研县、五通桥区、市中区、夹江县、犍为县、峨边彝族自治县)








泰州市(高港区、泰兴市、海陵区、靖江市、兴化市、姜堰区)








蚌埠市(禹会区、怀远县、五河县、淮上区、龙子湖区、蚌山区、固镇县)  驻马店市(平舆县、西平县、驿城区、泌阳县、新蔡县、确山县、上蔡县、遂平县、正阳县、汝南县)








郑州市(管城回族区、登封市、金水区、中牟县、巩义市、中原区、荥阳市、上街区、二七区、新郑市、惠济区、新密市)








宜春市(高安市、奉新县、靖安县、樟树市、上高县、宜丰县、袁州区、万载县、丰城市、铜鼓县)








阳泉市(矿区、郊区、盂县、平定县、城区)定西市(漳县、安定区、陇西县、岷县、通渭县、渭源县、临洮县)








盐城市(大丰区、滨海县、亭湖区、盐都区、响水县、建湖县、射阳县、阜宁县、东台市)  池州市(石台县、贵池区、东至县、青阳县)








六安市(金寨县、金安区、霍山县、裕安区、叶集区、霍邱县、舒城县)








龙岩市(永定区、长汀县、新罗区、漳平市、上杭县、连城县、武平县)








营口市(老边区、西市区、鲅鱼圈区、站前区、大石桥市、盖州市)新余市(分宜县、渝水区)








襄阳市(谷城县、宜城市、保康县、老河口市、南漳县、襄州区、襄城区、枣阳市、樊城区)








大连市(长海县、庄河市、甘井子区、西岗区、旅顺口区、金州区、沙河口区、普兰店区、瓦房店市、中山区)








延边朝鲜族自治州(和龙市、珲春市、安图县、延吉市、图们市、汪清县、敦化市、龙井市)








呼和浩特市(新城区、土默特左旗、武川县、和林格尔县、托克托县、清水河县、赛罕区、回民区、玉泉区)








鹰潭市(余江区、贵溪市、月湖区)








吕梁市(岚县、文水县、柳林县、交口县、石楼县、汾阳市、交城县、离石区、方山县、临县、孝义市、中阳县、兴县)








广州市(增城区、黄埔区、番禺区、白云区、南沙区、荔湾区、海珠区、越秀区、从化区、花都区、天河区)








乌鲁木齐市(水磨沟区、乌鲁木齐县、新市区、头屯河区、米东区、天山区、达坂城区、沙依巴克区)








海南藏族自治州(贵德县、兴海县、同德县、共和县、贵南县)








张家界市(慈利县、永定区、桑植县、武陵源区)








东莞市








梧州市(岑溪市、藤县、龙圩区、长洲区、苍梧县、万秀区、蒙山县)








郴州市(安仁县、嘉禾县、宜章县、临武县、资兴市、永兴县、汝城县、北湖区、桂东县、桂阳县、苏仙区)








湘西土家族苗族自治州(古丈县、花垣县、保靖县、吉首市、泸溪县、凤凰县、龙山县、永顺县)








榆林市(府谷县、绥德县、子洲县、横山区、佳县、米脂县、靖边县、神木市、定边县、吴堡县、榆阳区、清涧县)








遂宁市(安居区、蓬溪县、船山区、射洪市、大英县)

2025年4月20日,大族数控交出了一份营收33.43亿元、净利润3.01亿元的“翻倍”成绩单。表面看,这家PCB专用设备巨头似乎已走出前两年业绩滑坡的阴霾,但细剖财报数据与行业动向,高速增长的背后既藏着AI产业链基础设施需求爆发的推动,也暴露了毛利率下滑、技术替代隐忧等深层矛盾。

2024年,大族数控的营收与净利润同比增幅均超100%,钻孔类设备以156.79%的增速成为核心引擎,贡献了62.84%的营收。

这一爆发式增长被归因于AI产业链的“催熟效应”,全球AI服务器和高速交换机需求激增,拉动高多层PCB板需求,而大族数控的机械钻孔机、激光成像设备恰好卡位产业链咽喉。

在多层板市场层面,普通多层板市场行业准入门槛较低,技术同质化严重,加上东南亚地区的持续扩产,市场竞争激烈,下游客户亟需可降本增效的加工方案来提升自身竞争力。2024年,大族数控大幅提升十二轴自动化机械钻孔机产品性能,实现钻孔综合效率最大提升一倍以上;自动上下料成型机在客户端实现量产,设备综合稼动率显著提升;层压系统获汽车电子、AI服务器电源等领域知名客户订单。

在高多层板市场层面,随着数据量大幅攀升,AI服务器、高速交换机等产品纷纷采用更高层数的多层板,下一代112/224Gbps高速数据传输对信号完整性的保障提出更高要求,高多层板背钻的精度要求大幅提升,大族数控开发的新型CCD六轴独立机械钻孔机搭载3D背钻及钻测一体技术,可实现超短残桩和超高同心度,已获得行业多家高多层板龙头企业的认可及正式订单。

在HDI市场层面,该市场技术难度不断提升,技术上从一阶、二阶HDI板到任意层HDI板再提升至类载板,结构上从超薄介质、小单元到高多层、大尺寸;应用端从智能手机、光模块、平板电脑等快速扩张到汽车电子、通讯设备、AI服务器、工控医疗等领域,特别是AI服务器相关的高多层HDI板,2024年呈现爆发式增长。

面对不同类型HDI板的技术需求和发展趋势,大族数控针对智能手机、800G/1.6T高速光模块产品10层以上任意层结构、微小孔及微细线路的特点,提供四光束CO2激光钻孔机及新型激光钻孔机、高解析度激光直接成像机、CCD六轴独立控制机械成型机、高精专用测试机等;针对汽车电子、激光雷达等终端使用HDI板的厚铜、高频材料等特性,提供CCD六轴独立机械钻孔机、光路优化的CO2激光钻孔、UV+CO2复合激光钻孔机、高分辨率数字成像系统、高精度四线测试机等;针对市场增长最为显著的AI服务器相关高多层HDI板,大族数控是行业内少数可提供对应成套解决方案的企业,并针对该类产品厚度大、重量大的特点优化产品传输及夹持系统,提供机械钻孔机、3D背钻及钻测一体CCD背钻机、CO2激光钻孔机、UV激光钻孔机等。

在先进封装市场层面,尽管PC、智能手机等终端市场恢复成长,但涨幅有限,导致CPU、存储类封装基板产能饱和,国内外相关企业的投资力度大幅下降,但AI产业链中AI服务器、交换机及加速卡等用到的CPU、GPU、NPU、ASIC及FPGA等需求增长,带来大尺寸FC-BGA、玻璃基FC-BGA及面板级封装RDL的需求提升。大族数控一方面从传统加工设备方案入手,不断提升产品性能,实现国产替代,其机械钻孔机在全球领先的封装基板厂商获得认证;另一方面,从先进封装技术需求入手,在行业内率先研发并推广新型激光技术,提供微小孔钻孔、高精度挖槽及成型、玻璃通孔加工(TGV)等系列产品。

在挠性及刚挠结合板市场层面,随着汽车电动智能化的加速,及折叠屏智能手机、潜望式摄像模组、国产OLED屏幕等应用的兴起,挠性及刚挠结合板市场专用加工设备的需求增加。2024年,大族数控与全球最大FPC企业开展合作,相关产品市场占有率大幅攀升。

在海外市场层面,以泰国为热点的东南亚地区PCB新建项目快速推进,大族数控海外市场业务取得较大程度增长。随着全球主要电子终端品牌实施多元化的供应链策略,并将与信息安全相关的AI服务器、卫星通讯、光模块、汽车智能驾驶等PCB作为布局重点,带动了更多高多层板、高阶HDI板产能的建设,整体需求量上涨,有利于公司相关产品海外市场销售规模及利润空间的提升。

尽管大族数控年报中所呈现的整体情况呈上升趋势,但一个不容忽视的事实是,其综合毛利率同比下降4.48个百分点至28.11%,钻孔类设备毛利率更跌至24.73%。在行业竞品价格战加剧的背景下,这种“以量换利”的增长模式能否持续,仍待观察。

除公布业绩之外,4月20日晚间,大族数控宣布拟发行H股股票并在香港联交所主板上市,21日收盘其A股股价定格在37.16元,较2022年发行价几乎腰斩。这场“出海融资”被称之为全球化战略的重要一步,但财报数据显示,其海外营收占比仅从5.35%提升至10.83%,尚不足以支撑“国际巨头”叙事。

据Prismark预测,2025年全球PCB行业增速将回落,但大族数控仍在押注AI服务器、汽车电子带来的结构性机会。其推出的先进封装基板加工设备已获得头部客户订单,试图在芯片封装领域复制PCB设备的成功路径。不过,国内同行也正加速蚕食中低端市场。

总体而言,大族数控的翻倍增长,既是踩中AI东风的幸运,也是中国PCB产业链升级的缩影。但亮眼财报难以掩盖两个残酷现实,核心技术的“国产替代”仍停留在中游环节,而设备厂商的利润正被上下游双重挤压。当行业从爆发期转入淘汰赛,大族数控需要证明的不仅是增速,更是穿越周期的生存能力。

视频聊天泡mm - 所困,以身偿租的无奈故事的相关文章 AI 能为家电带来哪些新功能的相关文章
如何看待 2025 年 4 月 14 日公安部交通管理局发文,车企把 L2 宣传成自动驾驶的,需要承担法律责任?
白鹿黑色西装被赞“体制内女友风”
不打我就招,打我我就哭,困了我就睡,饿了我就吃。图片作者前前后后_
拼多多宣布投入 1000 亿扶持商家,对西部地区电商发展有哪些积极影响?
山东舰曾小祥:我们能挺得住打得胜
港股消费股持续走强 蜜雪集团涨超8%
【离解复合】H15-1至H15-4 摆完挂机 简单好抄 明日方舟主线15章
985新传硕分享毕业后生活
【离解复合】H15-1至H15-4 摆完挂机 简单好抄 明日方舟主线15章
白鹿黑色西装被赞“体制内女友风”
中国成功发射卫星互联网技术试验卫星
《无上迷局》第一季01-04集
  • 友情链接:
  • 国台办:已收到超三千封举报“台独”打手帮凶邮件 如何评价甲亢哥在成都的直播 世界经济进入大停滞了吗 重庆“卤鹅哥”获家乡车企赠车 低精力 一天只能做一件事 王楚钦成唯一未丢局分选手 林诗栋说今天发挥不是特别好 特朗普政府大规模撤销学签,律师披露:四名中国留学生已在美提起诉讼 中国肥胖率最高的省是河北 比起皇室战争,观众更想看奶油蘑菇意面【第3集意大利面】

    查看更多评价 ∨