Core Insights - Zhao Hongliang's entrepreneurial journey spans 30 years, evolving from a rural hose factory salesman to the leader of a publicly listed company, LITONG Technology, showcasing a story of perseverance and innovation [2][3] Group 1: Company Development - LITONG Technology was founded in 2004 with initial funding of 40,000 yuan from a friend, overcoming significant financial challenges to establish a fluid hose manufacturing business [3] - The company achieved a sales increase from 5.8 million yuan in its first year to 28 million yuan in its third year, driven by the invention of the "concave-convex rubber strip" technology, which raised product prices by 15% to 20% [3][4] - In 2024, LITONG Technology's R&D investment reached 20.64 million yuan, accounting for 4.27% of revenue, surpassing the rubber products industry average of 3.2% [4] Group 2: Innovation and Market Expansion - The company has developed a new ultra-high-pressure oil hose, which opened the U.S. market for LITONG in 2019, marking a significant growth trajectory [4] - LITONG is focusing on three new product lines: nuclear power hoses, data center liquid cooling hoses, and marine oil crossover hoses, while enhancing existing products [4] - The company has established a production line with an annual capacity of 25,000 tons of polymer materials, supporting downstream sectors like rubber hoses and sealing products [4] Group 3: Strategic Vision - Zhao Hongliang emphasizes the importance of innovation and has positioned the company to meet the growing demand for green and healthy food technologies, including high-pressure sterilization equipment [5][6] - The company aims to create a comprehensive capability in the ultra-high-pressure field, from component R&D to integrated solutions, enhancing its competitive edge [6] - LITONG Technology's vision has evolved to focus on improving the health and longevity of consumers, reflecting a commitment to societal well-being [6]

Group 1 - The central government emphasizes the high-quality development of the marine economy, with the national marine GDP expected to reach 11.18 trillion yuan in 2025, reflecting a year-on-year growth of 5.9% in 2024 [4][11][20] - The marine economy's contribution to the national GDP is projected to be 7.8%, with 15 marine industries achieving a total added value of 4.3733 trillion yuan in 2024, growing by 7.5% [21][22] - The deep-sea technology sector is identified as a key area for development, with significant investments and strategic initiatives aimed at enhancing capabilities in underwater observation, construction, and resource extraction [9][30][31] Group 2 - The report identifies 11 companies within the deep-sea economic industry chain listed on the Beijing Stock Exchange, including Audiwei (ultrasonic underwater ranging sensors), Wantong Hydraulic (hydraulic cylinders for offshore drilling platforms), and Klete (ventilation and air treatment systems) [40] - The marine engineering equipment manufacturing industry in China is experiencing a recovery, with an expected added value of 112.6 billion yuan in 2025, following a growth of 9.1% to 103.2 billion yuan in 2024 [30][33] - The report highlights the increasing market interest in deep-sea technology, with emerging sectors such as deep-sea energy storage and carbon sequestration expected to drive future growth [31][32]

证券代码：832225 证券简称：利通科技 公告编号：2025-044 漯河利通液压科技股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、 投资者关系活动类别 √特定对象调研 □业绩说明会 □媒体采访 √现场参观 □新闻发布会 □分析师会议 □路演活动 □其他 二、 投资者关系活动情况 活动时间：2025 年 6 月 24 日 活动地点：公司现场 参会单位及人员：东吴证券、中邮基金、长江证券、中山证券、趋势投资、 金鼎资本、洪顺资本 区位优势与市场需求的紧密结合：河南作为全国食品工业大省，漯河更是被 誉为"中国食品名城"，当地食品企业众多，食品行业极为发达。在当下健康消 费理念盛行的背景下，食品企业对健康绿色的灭菌技术存在着巨大的需求潜力。 公司依托这一显著的区位优势，能够便捷地就近对接食品产业客户，快速验证产 品的实际应用场景，进而形成"技术落地-市场反馈-产品优化"的良性闭环。这 为公司切入超高压灭菌设备领域提供了得天独厚的市场条件和客户资源优势。 问题 2：公 ...

Group 1: Strategic Considerations for HPP Equipment - The company aims to extend its industrial chain and upgrade product structure by moving from rubber hose production to high-pressure sterilization (HPP) equipment, enhancing overall competitiveness [5] - The vision of "making fluid technology benefit billions" aligns with the market trend towards green and healthy food, making HPP technology a timely response to consumer demands [5] - Leveraging its geographical advantage in Henan, a major food industry province, the company can effectively connect with local food enterprises, facilitating product application and market feedback [5] Group 2: Applications of HPP Equipment - Beyond juice, the company is exploring HPP applications in various food categories, including: - Alcohol improvement for craft beer and liquor [6] - Sterilization of marinated products like chicken feet and bacon [6] - Treatment of noodle products such as hot dry noodles [6] - Processing of pet food ingredients [6] - Seafood processing, including thawing and sterilization of sea cucumbers [6] - Production of specialty foods like soft-boiled eggs [6] Group 3: Business Model and Market Expansion - The company is diversifying its business model for HPP equipment, including: - Cooperative processing to enhance market penetration [7] - Leasing options to lower customer procurement barriers [7] - Market expansion is supported by application research, providing comprehensive solutions for food sterilization and processing [7] Group 4: Developments in Rubber Hose Business - The fluid segment, centered on rubber hoses, is focusing on three new product developments: - Domestic production of nuclear power hoses, with performance testing completed [8] - Data center liquid cooling hoses, with ongoing customer negotiations [8] - Marine oil crossover hoses, with production line design completed and equipment installation underway [8] Group 5: Polymer Materials Strategy - Polymer materials are a core component of the company's strategy, with a production capacity of 25,000 tons per year to supply various downstream products [9] - The company is enhancing its R&D capabilities in Qingdao, focusing on specialized polymer materials and their applications [9] - Future efforts will target specific areas such as general and specialty mixing rubber, modified nylon materials, and composite materials [9]

Group 1 - The North Stock Exchange 50 index increased by over 1% [1] - Zhongke Meiling saw a rise of over 20% [1] - Ruichi Zhizao experienced an increase of over 10% [1] - Companies such as Changfu Co. and Litong Technology rose by over 5% [1]

Group 1: Investor Relations Activities - The company participated in a specific investor research activity and an online collective reception day for investors in Henan province on May 21-22, 2025 [3][4] - Attendees included representatives from Ping An Asset Management and Southwest Securities, along with the company's board secretary and financial officers [4] Group 2: Product Development and Market Demand - The first 300L ultra-high pressure food sterilization equipment has been installed and is currently undergoing trial production, with customer satisfaction reported [4] - There is a growing market demand for ultra-high pressure sterilization equipment, particularly in high-end food processing, driven by consumer preferences for healthy, additive-free products [5] - The pricing of ultra-high pressure sterilization equipment is influenced by R&D, material, and sales costs, with plans to optimize these factors for better cost efficiency [6] Group 3: Revenue and Product Strategy - The revenue contribution from resin hoses is currently small, but there are plans to enhance market development for this high-value product [7] - The company has completed trials for 43 types of nuclear power hoses and aims to accelerate domestic production to replace imports [8] Group 4: Oil and Gas Sector Initiatives - The company has developed a 92-meter acid fracturing hose assembly for land oil and gas fracturing equipment, with plans to expand into offshore oil drilling [9] - The company is focusing on the development of API 17K series products and aims to launch production lines by 2025 [9] Group 5: Research and Development Achievements - Significant progress has been made in 2024 on nuclear power hoses and high molecular cyclic materials, enhancing the company's product structure and market competitiveness [10] Group 6: Project Wins and Market Expansion - The company won a project worth over 5 million for acid fracturing hose assembly, with an expected delivery period of one month [11] - There is a commitment to expanding the domestic oil hose market and participating in more tenders [11] Group 7: High-Margin Product Development - The LT304 multi-functional crude oil transfer hose has strong market demand due to its corrosion resistance and flexibility, positioning it as a viable alternative to traditional steel pipes [12] - The company plans to enhance its international market presence for oil hose products while being mindful of market development risks [12] Group 8: Shareholder Returns - The company emphasizes strong operational performance and stable cash dividends as a means to reward shareholders, with future dividend policies to be determined based on business conditions [13]

Core Viewpoint - The company, Litong Technology, emphasizes its strategic planning, technological research and development, and market expansion as key competitive advantages for future growth [1][2]. Group 1: Competitive Advantages - The company has a clear strategic plan, actively laying out its high polymer materials, fluid, and ultra-high pressure equipment and services sectors, ensuring a complete industrial chain for market competition [1]. - A well-established technological research and development system supports the company's business modules, with dedicated research institutions in Qingdao, Zhengzhou, and Luohe, aimed at enhancing innovation and project outcomes [1]. - The company has developed sales channels covering both domestic and international markets, utilizing various online and offline methods for market expansion, with plans to enhance internet promotion and customer collaboration [1]. Group 2: 2025 Business Growth Expectations - In the fluid sector, the company aims to optimize existing products while focusing on high-value products like ultra-high pressure resin hoses and chemical pipes, and accelerating the market launch of new products such as nuclear power hoses [2]. - The materials sector will enhance collaboration between the Qingdao R&D system and Luohe industrialization to accelerate the application of long-chain nylon and other high polymer materials [2]. - The ultra-high pressure equipment and services sector will focus on optimizing equipment performance and developing customized solutions for different industries, while also advancing municipal underground pipeline management services in Luohe and surrounding areas [2].

Core Insights - As of May 20, the total margin financing and securities lending balance on the Beijing Stock Exchange reached 5.531 billion yuan, an increase of 101 million yuan from the previous trading day, marking two consecutive days of increase [1] - The stocks with the highest margin financing balances include Jinbo Biological, Better Ray, and Airong Software, with latest financing balances of 313 million yuan, 147 million yuan, and 143 million yuan respectively [1] - A total of 137 stocks received net margin purchases on May 20, with 71 stocks having net purchases exceeding one million yuan, led by Wuxin Tunnel Equipment with a net purchase of 22.27 million yuan [1][2] Industry Analysis - The industries with the highest concentration of stocks receiving net margin purchases over one million yuan include machinery equipment, basic chemicals, and power equipment, with 17, 14, and 6 stocks respectively [2] - On average, stocks that received net margin purchases exceeding one million yuan rose by 3.52% on May 20, with notable gainers including Wuxin Tunnel Equipment, Donghe New Materials, and Driving Force, which increased by 30.00%, 14.48%, and 14.10% respectively [2] - The average turnover rate for stocks with net margin purchases over one million yuan was 10.19%, with the highest turnover rates seen in Baolijie, Huaguang Source Sea, and Micro-Innovation Optoelectronics at 38.59%, 38.14%, and 34.91% respectively [2]

证券代码：832225 证券简称：利通科技 公告编号：2025-042 （一）会议召开时间：2025 年 5 月 22 日（周四）15:25-16:55。 （二）会议召开地点 本次活动将采用网络方式召开，投资者可登录"全景 •路演天下' (http://rs.p5w.net)参与本次互动交流。 三、 参加人员 漯河利通液压科技股份有限公司 关于参加河南辖区上市公司 2025 年投资者 网上集体接待日说明会预告公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、 说明会类型 为进一步加强与投资者的互动交流，漯河利通液压科技股份有限公司（以下 简称"公司"）将参加在全景网举办的河南辖区上市公司 2025 年投资者网上集体 接待日活动。 二、 说明会召开的时间、地点 董事会秘书：何军先生 财务负责人：杨国淦先生 财务经理：汪丹丹女士 四、 投资者参加方式 本次说明会采用网络方式召开。 投资者可登录"全景·路演天下'(http://rs.p5w.net)参与本次互动交流， 公司将对投资者关注的问题进行回答 ...

漯河利通液压科技股份有限公司 2024 年年度权益分派实施公告 证券代码：832225 证券简称：利通科技 公告编号：2025-041 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 漯河利通液压科技股份有限公司 2024 年年度权益分派方案已获 2025 年 5 月 12 日召开的股东会审议通过，本次实施分配方案距离股东会审议通过的时间 未超过两个月。 现将权益分派事宜公告如下： 本次权益分派基准日合并报表归属于母公司的未分配利润为 411,627,021.23 元，母公司未分配利润为 420,516,372.65 元。本次权益分派共计派发现金红利 25,383,778.80 元。 一、权益分派方案 1、本公司 2024 年年度权益分派方案为： 以公司现有总股本 126,918,894 股为基数，向全体股东每 10 股派 2.000000 元人民币现金。 2、扣税说明 （1）个人股东、投资基金适用股息红利差别化个人所得税政策, 个人股东、 投资基金持股 1 个月（含 1 个月）以内，每 10 股补缴税 ...