证券代码：920522 证券简称：纳科诺尔 公告编号：2025-161 √特定对象调研 □业绩说明会 □媒体采访 □现场参观 邢台纳科诺尔精轧科技股份有限公司 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 □新闻发布会 □分析师会议 活动时间：2025 年 11 月 25 日 活动地点：线上调研 □路演活动 □其他 二、 投资者关系活动情况 回答：等静压设备是解决全固态电池中固-固界面接触的关键设备。目前， 公司自主研发的温等静压设备采用液态加压方式，设计压力达 600MPa，目前正 在加快验证测试。 问题 3：转印设备进展情况？ 回答：固态电解质转印设备主要用于实现固态电解质膜与负极极片的精准覆 合。该设备通过动态纠偏与微张力控制，提升离子导通率与界面稳定性。目前， 固态电解质转印设备已成功交付客户，为产业链前沿创新提供关键支撑。 参会单位及人员：摩根基金、天弘基金、博时基金、中欧基金、汇添富基金、 平安基金、交银施罗德基金、融通基金、圆信永丰基金、嘉 ...

Core Insights - As of November 25, the total margin financing and securities lending balance on the Beijing Stock Exchange (BSE) was 7.494 billion yuan, a decrease of 49.20 million yuan from the previous trading day, marking a continuous decline for six trading days [1] - The top three stocks by margin financing balance were Jinbo Biological, Shuguang Digital Innovation, and Better Energy, with balances of 413 million yuan, 352 million yuan, and 321 million yuan respectively [1] - A total of 114 stocks on the BSE had net margin purchases on November 25, with 16 stocks having net purchases exceeding 1 million yuan, led by Naconor with a net purchase of 13.03 million yuan [1][2] Margin Financing Overview - The margin financing balance was 7.493 billion yuan, down by 49.41 million yuan from the previous day, while the securities lending balance increased to 71.54 million yuan, up by 209,800 yuan [1] - The average margin financing balance as a percentage of market capitalization for the top stocks was 1.36%, with the highest ratios for Chenguang Cable, Audiwei, and Shisheng Intelligent at 4.86%, 4.47%, and 4.36% respectively [1] Industry Performance - The industries with the highest concentration of stocks with net margin purchases over 1 million yuan included machinery equipment, power equipment, and computers, with 4, 3, and 2 stocks respectively [2] - On November 25, stocks with net margin purchases over 1 million yuan had an average decline of 1.22%, with notable gainers including Anda Technology, Xingtou Measurement Control, and Wanda Bearings, which rose by 5.51%, 2.89%, and 2.26% respectively [2] Stock Activity - The weighted average turnover rate for stocks with net margin purchases over 1 million yuan was 6.82%, with the highest turnover rates for Dapeng Industrial, Chenguang Optical, and Gais Food at 83.87%, 12.37%, and 10.53% respectively [2] - The average daily turnover rate for BSE stocks on November 25 was 2.51% [2] Notable Stocks - Naconor had the highest increase in margin financing balance on November 25, with a balance of 148.15 million yuan, despite a price drop of 2.52% [2][3] - Other notable stocks with significant margin financing increases included Bond Shares, Xingtou Measurement Control, and Jinbo Biological, with increases of 5.15 million yuan, 5.14 million yuan, and 4.82 million yuan respectively [3][4]

二、本次变更签字注册会计师和质量控制复核人的基本情况 陈文成：中国注册会计师，2016年起专职就职于会计师事务所从事审计业务， 具有证券服务从业经验，2016年加入立信会计师事务所（特殊普通合伙），未在 其他单位兼职。 证券代码：920522 证券简称：纳科诺尔 公告编号：2025-159 邢台纳科诺尔精轧科技股份有限公司 关于变更签字注册会计师及项目质量控制复核人的公告 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。 邢台纳科诺尔精轧科技股份有限公司（以下简称"公司"）于2025年4月17 日召开第四届董事会第十次会议，于2025年5月13日召开2024年年度股东会，审 议通过了《关于续聘立信会计师事务所（特殊普通合伙）为公司2025年度审计机 构的议案》，同意聘请立信会计师事务所（特殊普通合伙）（以下简称"立信会计 师事务所"）为公司2025年度审计机构。具体内容详见公司于2025年4月18日在北 京证券交易所信息披露平台（www.bse.cn）披露的《拟续聘2025年度会计师事务 所公告》（公告编 ...

Core Viewpoint - Naconor (920522) experienced significant trading activity on November 14, with a total transaction volume of 59,100 shares and a transaction value of 3.1282 million yuan, reflecting a discount of 15.00% compared to the closing price of the day [2] Group 1: Trading Activity - A total of three block trades occurred on November 14, with each transaction priced at 52.93 yuan [2] - The closing price of Naconor on the same day was 62.27 yuan, marking an increase of 9.25% [2] - The stock's turnover rate for the day was 8.36%, with a total transaction value of 667 million yuan [2] Group 2: Company Background - Naconor was established on January 6, 2000, with a registered capital of 1.5675 billion yuan [2] - The company specializes in precision rolling technology [2]

Core Insights - Naconor (920522) experienced three block trades on November 14, 2025, with a total transaction amount of 3.1282 million yuan [1][2] - The highest transaction price was 52.93 yuan per share, with a total of 20,000 shares traded, amounting to 1.0586 million yuan, reflecting a 15% discount [1][2] Summary by Category - **Company Transactions** - Naconor had three significant block trades on November 14, 2025, with a total transaction value of 3.1282 million yuan [1][2] - The highest transaction involved 20,000 shares at a price of 52.93 yuan per share, totaling 1.0586 million yuan [1][2] - All transactions were executed at a 15% discount [1][2] - **Trading Parties** - The buying brokerage for the largest transaction was Guotai Junan Securities Co., Ltd., Shenzhen Dengliang Road branch [1][2] - The selling brokerage for all transactions was Guotou Securities Co., Ltd., Jiangsu branch [1][2]

Core Points - The Shanghai Composite Index is at 4017.29 points, slightly down by 0.30%, and trading volume in A-shares reached 1.556 trillion yuan [1] - A total of 684 A-shares have surpassed their five-day moving average, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - 康芝药业 (Kangzhi Pharmaceutical) leads with a price increase of 20.00% and a deviation rate of 15.66% from its five-day moving average [1] - 宏工科技 (Honggong Technology) follows with a 12.35% increase and a deviation rate of 10.04% [1] - 纳科诺尔 (Nacono) shows a 10.68% increase with an 8.54% deviation rate [1] Trading Activity - The total trading volume for A-shares today is reported at 1.556 trillion yuan [1] - The stocks with the smallest deviation rates include 江山股份 (Jiangshan Co.), 麦克奥迪 (Mack Audi), and 鼎泰高科 (Ding Tai High-Tech), which have just crossed their five-day moving averages [1] Notable Stocks - Other stocks with significant performance include 京能热力 (Jingneng Thermal Power) with a 10.04% increase and a deviation rate of 8.18% [1] - 永泰能源 (Yongtai Energy) increased by 9.82% with a deviation rate of 7.44% [1] - 亚翔集成 (Yaxiang Integration) and 时空科技 (Shikong Technology) also showed strong performance with increases of 10.01% and 8.42%, respectively [1]

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [5] Core Views - The company faced pressure on its performance in Q3 2025, but successfully delivered high-speed wide-width dry electrode equipment and made progress in expanding into high polymer materials and other fields [5][7] - The company has achieved a significant breakthrough in solid-state battery manufacturing technology with the delivery of the first high-speed wide-width dry electrode coating equipment in China, indicating technological maturity and industrial adaptability [7] - The company is actively expanding into non-lithium battery sectors, enhancing business resilience and cross-industry collaboration [7] - The company has a current order backlog of 2.01 billion yuan, expected to gradually confirm revenue over the next 1-2 years, and has established a regional headquarters in Hainan to optimize global sales and service functions [7] Financial Summary - Revenue forecast for 2023 is 946 million yuan, with a projected decline of 10.16% in 2025, followed by a recovery with growth rates of 28.90% in 2026 and 27.02% in 2027 [6] - The net profit attributable to the parent company is expected to be 99 million yuan in 2025, reflecting a significant decrease of 38.95%, but is projected to rebound to 159 million yuan in 2026 and 230 million yuan in 2027 [6] - The company’s earnings per share (EPS) is forecasted to be 0.63 yuan in 2025, with a recovery to 1.01 yuan in 2026 and 1.47 yuan in 2027 [6] - The company maintains a leading position in the domestic lithium battery production equipment market while actively seeking expansion into multiple fields, particularly in solid-state battery technology [7]

证券代码：920522 证券简称：纳科诺尔 公告编号：2025-158 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 邢台纳科诺尔精轧科技股份有限公司 投资者关系活动记录表 □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 11 月 11 日（周二）15:00-16:00 活动地点：中证网中证路演中心（https://www.cs.com.cn/roadshow） 参会单位及人员：通过网络方式参加公司 2025 年第三季度业绩说明会的投 资者 上市公司接待人员：公司副董事长、总经理付博昂先生，公司财务总监蔡军 志先生，公司董事会秘书吴民强先生 三、 投资者关系活动主要内容 本次投资者关系活动的主要问题及公司对问题的回复概要如下： 问题 1：公司固态设备的最新情况？预计什么时候会产生收入？ 回答：尊敬的投资者，您好！当前固态电池行业仍处于技术迭代与产业化准 备阶段，部分相关设备 ...

Investment Rating - The investment rating for the company is "Outperform" (maintained) [5][6] Core Views - The company reported revenue of 695 million yuan for the first three quarters of 2025, a year-on-year decrease of 18.57%, and a net profit attributable to the parent company of 56.87 million yuan, down 62.25% year-on-year. Due to the overall slowdown in downstream customer procurement, profit forecasts have been revised downwards [5][6] - The company has sufficient orders on hand amounting to 2.01 billion yuan as of June 30, 2025, with exports exceeding 200 million yuan, indicating a gradual revenue recognition expected over the next 1-2 years. The establishment of a wholly-owned subsidiary in Hainan marks a significant step in the company's international expansion strategy [5][6] - The company has made key breakthroughs in solid-state battery manufacturing technology, evidenced by the successful delivery of the first high-speed wide-width dry electrode equipment to a leading domestic manufacturer [6] Financial Summary - For 2025, the company is expected to achieve a revenue of 931 million yuan, a year-on-year decrease of 11.6%, and a net profit of 97 million yuan, down 40% year-on-year. The projected EPS for 2025 is 0.62 yuan, with a P/E ratio of 93.8 times [7][10] - The company’s gross margin is projected to be 21.1% in 2025, with a net margin of 10.4% [11] - The company’s total assets are expected to reach 2.07 billion yuan in 2025, with total liabilities of 962 million yuan, resulting in a debt-to-equity ratio of 46.5% [10]

证券代码：920522 证券简称：纳科诺尔 公告编号：2025-157 邢台纳科诺尔精轧科技股份有限公司 2025 年第三季度报告业绩说明会预告公告 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 邢台纳科诺尔精轧科技股份有限公司（以下简称"公司"）于 2025 年 10 月 29 日在北京证券交易所信息披露平台（www.bse.cn）披露了《2025 年第三季度 报告》（公告编号：2025-155），为方便广大投资者更深入了解公司 2025 年第三 季度经营业绩的具体情况，加强与投资者的互动交流，公司拟召开 2025 年第三 季度报告业绩说明会。 二、 说明会召开的时间、地点 （一）会议召开时间：2025 年 11 月 11 日（星期二）15:00-16:00。 （二）会议召开地点 本次业绩说明会将采用网络方式召开，投资者可登录中证网"中证路演中心" （https://www.cs.com.cn/roadshow/）参与本次业绩说明会。 三、 参加人员 副董事长、总经理：付博昂先生 ...