Financial Performance - The company's operating revenue for the reporting period was CNY 400,949,043.73, a decrease of 8.55% compared to the same period last year[3] - The total profit for the reporting period was CNY 45,019,316.54, down 15.02% year-on-year[3] - The net profit attributable to shareholders was CNY 40,477,076.23, reflecting a 14.00% decline compared to the previous year[3] - The basic earnings per share decreased to CNY 0.47, a drop of 34.72% year-on-year[3] Assets and Equity - Total assets at the end of the reporting period reached CNY 691,594,833.20, an increase of 15.52% from the beginning of the period[5] - Shareholders' equity attributable to the company increased by 95.95% to CNY 392,635,493.42[5] Business Operations - The company successfully delivered overseas orders during the reporting period, marking a breakthrough in its international business[6] - The decline in revenue was attributed to lower prices for stainless steel products and steam generators, alongside increased domestic market competition[6] - The company issued additional shares, increasing its share capital by 28.75 million shares during the reporting period[6] Financial Caution - The financial data presented is preliminary and has not been audited, cautioning investors about potential risks[7]

Investment Rating - The report assigns an "Accumulate" rating for the company, marking its first coverage [1]. Core Viewpoints - The company, Wuxi Dingbang, has a solid order demand for oil slurry evaporators and is expanding its overseas presence, which opens up growth opportunities [8]. - The company has shown steady revenue growth, with a compound annual growth rate (CAGR) of 9.38% from 2019 to 2023, and a significant increase in net profit with a CAGR of 31.58% during the same period [21]. - The market for heat exchange equipment is expected to grow steadily, driven by energy-saving and emission reduction trends, particularly in the petrochemical sector [29]. Summary by Sections Company Overview - Wuxi Dingbang, established in 2003, specializes in the research, production, and sales of heat exchange equipment, primarily serving the petrochemical industry [11]. - The company has a stable customer base, including major domestic enterprises and international clients like Shell and ExxonMobil [8]. Market Dynamics - The heat exchange equipment market is projected to grow from CNY 810.50 billion in 2019 to CNY 992.1 billion by 2026, with a CAGR of 3.29% from 2023 to 2026 [35]. - The petrochemical sector accounts for approximately 30% of the total demand for heat exchange equipment, indicating a robust market for the company's products [36]. Product Demand and Growth Potential - The oil slurry evaporator is a key product with high demand, particularly in catalytic cracking processes, and has a higher profit margin compared to other heat exchangers [46]. - The company is actively expanding its production capacity, with plans to build a facility capable of producing 65,000 tons of heat exchangers and air coolers annually [49]. Financial Projections - The company is expected to achieve net profits of CNY 0.43 billion, CNY 0.54 billion, and CNY 0.62 billion for the years 2024, 2025, and 2026, respectively [8]. - The current price-to-earnings (P/E) ratio is projected to be 24.80, 19.62, and 17.08 for the years 2024, 2025, and 2026 [1].

（一）会议召开情况 1.会议召开时间：2024 年 12 月 20 日 2.会议召开地点：公司会议室 3.会议召开方式：现场 证券代码：872931 证券简称：无锡鼎邦 公告编号：2024-115 无锡鼎邦换热设备股份有限公司 第三届董事会第八次会议决议公告 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、会议召开和出席情况 6.会议列席人员：董事会秘书 7.召开情况合法、合规、合章程性说明： 本次董事会的召集、召开程序符合《公司法》等法律、法规、规章及《公司 章程》的规定，合法有效。 会议应出席董事 7 人，出席和授权出席董事 7 人。 二、议案审议情况 4.发出董事会会议通知的时间和方式：2024 年 12 月 12 日以书面方式发出 （二）会议出席情况 5.会议主持人：董事长王仁良先生 善处理各类舆情对公司股价、公司商业信誉及正常生产经营活动造成的影响，切 实保护公司及投资者合法权益，根据《北京证券交易所股票上市规则（试行）》 等相关法律法规、规范性文件以及《公司章程》的相关规定，结合公司实际 ...

证券代码：872931 证券简称：无锡鼎邦 公告编号：2024-116 无锡鼎邦换热设备股份有限公司舆情管理制度 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、 审议及表决情况 第二条 本制度所称舆情包括： （一）报刊、电视、网络等媒体对公司进行的报道，尤其是负面报道、不实 报道； （二）社会上存在的已经或将给公司造成不良影响的传言或信息； （三）可能或者已经影响社会公众投资者投资取向，造成股价异常波动的信 息； （四）其他涉及公司信息披露且可能对公司股票及其衍生品交易价格产生较 大影响的事件信息。 公司于 2024 年 12 月 20 日召开第三届董事会第八次会议，审议通过《关于 制定<舆情管理制度>的议案》，本议案无需提交公司股东大会审议。 二、 制度的主要内容，分章节列示： 无锡鼎邦换热设备股份有限公司 舆情管理制度 第一章 总则 第一条 为提高无锡鼎邦换热设备股份有限公司（以下简称"公司"）舆情处 置工作的效率和质量，建立快速反应和应急处置机制，及时、妥善处理各类舆情 尤其是负面舆情对公司 ...

Investment Rating - The report assigns an "Accumulate" rating for the company, Wuxi Dingbang Heat Exchange Equipment Co., Ltd. [2] Core Viewpoints - Wuxi Dingbang specializes in heat exchange equipment for the petrochemical sector and has been recognized as a "Little Giant" enterprise by the state for its technical innovation capabilities [2][16]. - The domestic heat exchange equipment market is expected to grow steadily, with a projected compound annual growth rate (CAGR) of 3.29%, increasing from 90.02 billion yuan in 2023 to 99.21 billion yuan by 2026 [2]. - The company has a strong competitive position in the market due to its focus on innovation and a well-established R&D team, which has developed proprietary technologies and products that meet both domestic and international standards [2][3]. - The company's products are widely recognized by both domestic and foreign clients, providing energy-efficient and stable solutions for various operational conditions, including extreme temperatures and toxic environments [2][3]. Summary by Sections Company Overview - Wuxi Dingbang was established in 2003 and focuses on the research and sales of heat exchange equipment, primarily serving the petrochemical industry [16][18]. - The company has a strong organizational structure, with a major shareholder holding 68.72% of the shares, and a management team with extensive industry experience [27][29]. Industry Overview - The heat exchange equipment industry is crucial for energy efficiency in various sectors, including petrochemicals, power generation, and metallurgy [55][62]. - The demand for heat exchange equipment is particularly high in the petrochemical sector, which accounts for approximately 30% of the market demand [57][62]. Financial Forecast and Valuation - The company is expected to achieve revenues of 467.05 million yuan, 501.12 million yuan, and 525.64 million yuan for the years 2024, 2025, and 2026, respectively, with corresponding net profits of 46.31 million yuan, 58.09 million yuan, and 61.56 million yuan [3]. - The report estimates the price-to-earnings (P/E) ratios for 2024, 2025, and 2026 to be 26.97, 21.50, and 20.29, respectively, indicating a favorable valuation compared to industry peers [2][3].

证券代码：872931 证券简称：无锡鼎邦 公告编号：2024-114 无锡鼎邦换热设备股份有限公司 关于完成工商变更登记并取得营业执照的公告 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、基本情况 目前，公司已完成相应的工商变更登记及《公司章程》备案手续，并于 2024 年 11 月 29 日取得无锡市数据局核发的《营业执照》。 本次变更后的工商登记基 本信息如下： 统一社会信用代码：91320205744844636B 名称：无锡鼎邦换热设备股份有限公司 注册资本：9,393 万元整 类型：股份有限公司（上市、自然人投资或控股） 法定代表人：王仁良 成立日期：2003 年 01 月 27 日 住所： 无锡市锡山区安镇镇吼山南路 29 号 无锡鼎邦换热设备股份有限公司（以下简称"公司"）于 2024 年 5 月 28 日 召开第三届董事会第四次会议、2024 年 6 月 26 日召开 2024 年第二次临时股东 大会，审议通过了《关于拟修订公司章程的议案》，具体内容详见于 2024 年 5 月 ...

| | 公告日期 | 2024-11-21 异常期间 无 | | | | --- | --- | --- | --- | --- | | | 无锡鼎邦(872931) 16708869.0 | 成交数量 连续竞价 | 成交金额（万 | 30131.05 | | | | （股） | 元） | | | | 涉及事项 | 当日换手率达到20%的前5只股票 | | | | 买/卖 | | 营业部或交易单元名称 | 买入金额（元） | 卖出金额（元） | | 买1 | | 招商证券股份有限公司北京朝外大街证券营业部 | 10304387.39 | 48440 | | 买2 | | 东方财富证券股份有限公司拉萨团结路第一证券营业部 | 9042102.5 | 606502.07 | | 买3 | | 东吴证券股份有限公司苏州西北街二部营业部 | 6301613.87 | 4306391.71 | | 买4 | | 东方证券股份有限公司宁波天童北路证券营业部 | 5305516.61 | 0 | | 买5 | | 国泰君安证券股份有限公司广东广州珠江新城营业部 | 5074251.99 | 2016375.84 | | 卖 ...

| 日期 | 代码 | 简称 | 成交数量（股） | 成交金额（万元） | 披露原因 | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 异常期间涨跌幅偏离值累计 | 2024-11- | 驰诚股份 | 834407 | 12758074.0 | 31120.99 | 21 | 达到64.42% | | 异常期间涨跌幅偏离值累计 | 2024-11- | 汉维科技 | 836957 | 18560515.0 | 31327.14 | 21 | 达到64.38% | | 异常期间涨跌幅偏离值累计 | 2024-11- | 辰光医疗 | 430300 | 34341881.0 | 51694.43 | 21 | 达到50.02% | | 异常期间涨跌幅偏离值累计 | 2024-11- | 迪尔化工 | 831304 | 59186787.0 | 102393.94 | 21 | 达到48.44% | | 2024-11- | 当日收盘价涨幅达到29.99% | 汉维科技 | 836957 | 11906412.0 | 21939.34 | 21 | ...

| | 公告日期 2024-11-20 无 | 异常期间 | | | | | | --- | --- | --- | --- | --- | --- | --- | | | 无锡鼎邦(872931) 连续竞价 | 成交数量 | 15014435.0 | 成交金额（万 | | 24729.71 | | | | （股） | | 元） | | | | | 涉及事项 当日换手率达到20%的前5只股票 | | | | | | | 买/卖 | 营业部或交易单元名称 | | | 买入金额（元） | 卖出金额（元） | | | 买1 | 国泰君安证券股份有限公司广东广州珠江新城营业部 | | | 17441942.22 | | 0 | | 买2 | 东亚前海证券有限责任公司苏州留园路营业部 | | | 11756304.45 | | 0 | | 买3 | 中信建投证券股份有限公司厦门杏东路证券营业部 | | | 7095662.43 | | 1065354.69 | | 买4 | 东方证券股份有限公司汕头长平路营业部 | | | 6722284.52 | | 0 | | 买5 | 东吴证券股份有限公司苏州西北街二部营业部 | ...

| | 2024-11-20 公告日期 无 | 异常期间 | | | | | --- | --- | --- | --- | --- | --- | | | 无锡鼎邦(872931) 连续竞价 | 成交数量 （股） | 15014435.0 | 成交金额（万 元） | 24729.71 | | | 涉及事项 当日收盘价涨幅达到20%的前5只股票 | | | | | | 买/卖 | 营业部或交易单元名称 | | | 买入金额（元） | 卖出金额（元） | | 买1 | 国泰君安证券股份有限公司广东广州珠江新城营业部 | | | 17441942.22 | 0 | | 买2 | 东亚前海证券有限责任公司苏州留园路营业部 | | | 11756304.45 | 0 | | 买3 | 中信建投证券股份有限公司厦门杏东路证券营业部 | | | 7095662.43 | 1065354.69 | | 买4 | 东方证券股份有限公司汕头长平路营业部 | | | 6722284.52 | 0 | | 买5 | 东吴证券股份有限公司苏州西北街二部营业部 | | | 6627797.53 | 0 | | 卖1 | 中国银河证券股 ...