Nanxing Machinery Co., Ltd.

Nanxing Machinery Co., Ltd. is a manufacturing enterprise listed on the Shenzhen Stock Exchange since 2015. The company specializes in the production of intelligent manufacturing equipment for the home furnishing industry, integrating research and development, production, sales, and service. Nanxing positions itself as a provider of comprehensive solutions for furniture manufacturing, offering a full-process production equipment system that includes cutting, edge banding, drilling, inspection, sorting, and packaging. The company's main business lines include its furniture intelligent equipment and its IDC and cloud computing services. Nanxing's furniture equipment encompasses a wide range of products, such as CNC nesting machines, intelligent edge banding machines, and automated packaging solutions, catering to various customer needs from basic to high-end scenarios. Additionally, through its subsidiary Weiyi, Nanxing offers cloud computing and digital economy infrastructure services, supporting sectors like AI, e-commerce, and healthcare. With over 200 sales and service centers globally, Nanxing has established a strong market presence and is recognized as a leading enterprise in the domestic panel furniture production equipment sector.

(I) Furniture Intelligent Equipment Business 1.Full-link Product Matrix Builds Solution Advantages to Create a Benchmark in the Intelligent Manufacturing Industry The company has established a comprehensive product system covering the entire production chain of panel furniture, forming a three-level product architecture of "core single products - intelligent workstations - intelligent production lines and solutions", meeting the needs of customers across "basic, industrial, and high-end" scenarios. The company's flagship products, such as panel dividing saw(twin pusher), intelligent auto edge banding machine, laser edge banding machine, CNC 6-sides drilling machine with double work station, auto through feeding drilling workstation, intelligent flexible square edge banding machines line, boast industry-leading technical performance in China. 2.Innovative R&D Drives Technological Upgrades to Lead the Industry's Digital and Intelligent Transformation The company prioritizes R&D, establishing a systematic intellectual property portfolio (120 invention patents, 357 utility model patents, etc.), and has participated in formulating multiple national and industry standards. Its R&D closely follows market demands and technological trends, continuously breaks through the limits of equipment performance. Its products lead domestically in technical sophistication, with some reaching international standards, enabling import substitution. 3.Brand Momentum Continuously Releases to Shape Industry Value Recognition The company is the first panel furniture equipment manufacturing enterprise listed on China’s A-share market, with "Nanxing" as a leading brand in the industry. It has also been honored such as "Benchmark Enterprise of Intelligent Manufacturing Equipment" and "Guangdong Province Manufacturing Single Champion Product". The Company's products are widely used by many well-known home furnishing brands such as SOGAL, DeRUCCI, KUKA, OPPEIN, TUBAO, and the IKEA OEM system. 4.Multi-Dimensional Channels + Localized Service System to Build a Global Market Moat The company has established a multi-dimensional network comprising its headquarters' strategic customer division, regional distributors, and overseas core agents, supported by over 200 sales and service centers. In the domestic market, it has built a marketing and service network covering key industrial clusters, serving leading furniture enterprises while deeply penetrating second- and third-tier markets to support emerging brands. In the overseas markets, it has formed strategic alliances with leading agents in specialized fields, extending its service network to core furniture manufacturing regions such as Europe, Central and South America, and the Middle East. 5.Experienced Management Team Drives Growth The core management team possesses extensive expertise in furniture intelligent equipment, with profound industry insight and foresight. They excel in strategic decision-making, product R&D, intelligent manufacturing, and service system development, demonstrating exceptional leadership in steering the company’s direction. 6.Robust Financial Structure with a Stable Cash Dividend Mechanism The company maintains strong cash reserves and risk resilience, providing solid support for operational expansion, capacity growth, R&D iteration, and external investment. Since its IPO, it has adhered to its commitment of "sharing growth dividends with shareholders," maintaining consistent and stable profit distribution policies. Cumulative cash dividends have reached approximately 860 million yuan, accounting for 243% of total raised capital. (II) IDC and Cloud Computing Business 1.Deep Integration into Cloud Ecosystem, Precise Response to Terminal Demands Weiyi has established in-depth partnerships with the three major telecom operators and leading internet companies. Leveraging its resource advantages, it has established a nationwide "cloud-network-edge" integrated service ecosystem to precisely respond to terminal demands. Serving over 5,000 customers across multiple domestic provinces and overseas regions, its solutions span industries such as internet, AI, finance, e-commerce, education, etc. 2.AI Ecosystem Built on Computing Power Foundation, Comprehensive Digital-Intelligent Capabilities As a digital-intelligent infrastructure service provider integrating IDC, cloud computing, and AI applications, Weiyi possesses complete digital-intelligent technical capabilities. In the Guangdong-Hong Kong-Macao Greater Bay Area, it owns "Weiyi Network Zhixiang(South China) Data Center" with 3,110 standard cabinets and "Weiyi Network Dongguan Shatian China Data Center" with 1,602 high-standard cabinets. Collaborating with the three major telecom operators and top internet companies on intelligent computing, it boasts 80+ edge nodes nationwide and a total network bandwidth exceeding 30T. 3.High-stickiness Customer Ecosystem, Enabling Sustainable Growth With years of deep cultivation in the industry, Weiyi has forged deep connections with telecom operators, leading internet companies, cloud service providers, and top enterprises in gaming, e-commerce, video streaming, education, big data, and leading enterprises in multiple fields. Through long-term deep cooperation, it has created a mutually reinforcing effect of brand influence and customer aggregation. 4.Continuous R&D Investment, Technology-Driven Industry Leadership Weiyi and its subsidiaries have launched operational products including automated operation and maintenance, multi-cloud management, network asset mapping solutions, etc. It continues to invest in R&D for cloud computing, heterogeneous computing infrastructure, and AI application development, etc. Through persistent product innovation and technological advancements, the company has obtained 213 software copyrights, 30 utility patents, and 9 invention patents, providing robust technical support for its operations, management, network resource allocation, monitoring, cloud computing, intelligent computing, AI-related services, etc.