（编辑 任世碧） 证券日报网讯 9月1日晚间，中天科技发布公告称，2025年8月份，公司未实施股份回购。截至2025年8 月31日，公司实施第五期以集中竞价交易方式回购公司股份方案，已累计回购股份1，879.08万股，占 当前总股本的比例为0.5506%。 ...

Core Viewpoint - The company is experiencing rapid growth in its marine segment due to the commencement of the Jiangsu Dafeng offshore wind project, with expected marine segment revenue exceeding 7 billion by the end of the year, doubling from the previous year [1][4][8] Financial Performance - In the first half of 2025, the company reported revenue of 23.6 billion, a year-on-year increase of 10.19%, and a net profit attributable to shareholders of 1.568 billion, up 7.38% year-on-year [2][3] - The second quarter of 2025 saw revenue of 13.844 billion, a 5.09% year-on-year increase and a 41.90% quarter-on-quarter increase, with net profit of 940 million, reflecting a 14.14% year-on-year growth [3] Marine Business Growth - The company has secured marine orders totaling approximately 13.3 billion, laying a solid foundation for future growth, with marine segment revenue in the first half of 2025 reaching 2.896 billion, a 37.19% increase year-on-year [4] - The company has successfully won multiple international submarine cable projects, including significant contracts in the Middle East and Southeast Asia [4] New Product Development - The company is actively developing anti-resonant hollow core fibers and other products, which are expected to create a second growth curve [1][6] - The company has established a comprehensive R&D system for hollow core fiber technology, aiming to enhance its capabilities in various applications [6][7] Future Outlook - The company anticipates that the marine segment will continue to grow, with confirmed projects in the second half of 2025, including offshore wind projects and oil and gas projects [1][4][8] - Profit forecasts for the company indicate net profits of 3.584 billion, 4.118 billion, and 4.724 billion for 2025 to 2027, with corresponding price-to-earnings ratios of 15X, 13X, and 12X [8]

编辑 杨娟娟 新京报贝壳财经讯 9月1日，中天科技发布公告称，截至2025年8月31日，公司实施第五期以集中竞价交 易方式回购公司股份方案，已累计回购1879.08万股，占公司总股本的0.5506%，回购价格区间为12.6元/ 股至14.8元/股，累计使用资金2.52亿元。 ...

证券代码：600522 证券简称：中天科技 公告编号：临 2025-062 江苏中天科技股份有限公司 关于第五期以集中竞价交易方式回购股份的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 | 回购方案首次披露日 | 2024/11/6，由董事会提议 | | --- | --- | | 回购方案实施期限 | 2024 年 11 月 6 日-2025 年 11 月 5 日 | | 预计回购金额 | 20,000万元-40,000万元 | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 | | | □用于转换公司可转债 | | | □为维护公司价值及股东权益 | | 累计已回购股数 | 1,879.08万股 | | 累计已回购股数占总股本比例 | 0.5506% | | 累计已回购金额 | 25,229.12万元 | | 实际回购价格区间 | 12.60元/股-14.80元/股 | 1 关于第五期以集中竞价交易方式回购股份的回购报告书》（公告编号：临 2024-065）。 因公司实施 2024 年度利润分配 ...

格隆汇9月1日丨中天科技(600522.SH)公布，截至2025年8月31日，公司实施第五期以集中竞价交易方式 回购公司股份方案，已累计回购股份1,879.08万股，占当前总股本的比例为0.5506%，回购成交的最高 价为14.80元/股、最低价为12.60元/股，已支付的总金额为25,229.12万元。（数据如有尾差，系四舍五 入所致） ...

中天科技9月1日公告，公司于2024年11月5日召开第八届董事会第二十七次会议，审议通过了《关于第 五期以集中竞价交易方式回购公司股份方案的议案》，同意公司使用自有资金和自筹资金，以集中竞价 交易方式回购公司股份。本次回购股份的资金总额不低于2亿元（含），不超过4亿元（含），回购价格 不超过22元/股（含），回购股份的实施期限自公司董事会审议通过回购股份方案之日起12个月内。截 至2025年8月31日，公司累计回购1879.08万股，占公司总股本的0.5506%，回购价格区间为12.6元/股至 14.8元/股，累计使用资金2.52亿元。 ...

国家知识产权局信息显示，江东金具设备有限公司、江苏中天科技股份有限公司取得一项名为"一种分 裂导线间隔棒"的专利，授权公告号 CN 120414388 B，申请日期为 2025 年 07 月。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 天眼查资料显示，江东金具设备有限公司，成立于1995年，位于南通市，是一家以从事仪器仪表制造业 为主的企业。企业注册资本55140.91万人民币。通过天眼查大数据分析，江东金具设备有限公司共对外 投资了6家企业，参与招投标项目4331次，财产线索方面有商标信息13条，专利信息261条，此外企业还 拥有行政许可620个。 ...

Investment Rating - The investment rating for Zhongtian Technology is "Buy" (maintained) [1] Core Views - The company's performance meets expectations, benefiting significantly from the development of the communication energy market. In H1 2025, the company achieved a revenue of 23.6 billion yuan, a year-on-year increase of 10.19%, and a net profit attributable to shareholders of 1.568 billion yuan, up 7.38% year-on-year. In Q2 2025, revenue reached 13.844 billion yuan, reflecting a year-on-year growth of 5.08% and a quarter-on-quarter increase of 41.90% [4][5] - The company has a robust order backlog in the energy network sector, amounting to approximately 30.6 billion yuan, with significant contributions from marine and grid construction projects. The marine segment alone generated 2.896 billion yuan in revenue in H1 2025, marking a 37.19% increase year-on-year [5] - The company emphasizes research and development, with R&D expenses reaching 0.965 billion yuan in H1 2025, representing a 4.09% R&D expense ratio. It is actively positioning itself in strategic areas such as computing networks and AI data centers [6] Financial Summary - For the fiscal years 2023A to 2027E, the projected revenue growth is as follows: 45.065 billion yuan in 2023, 48.055 billion yuan in 2024, 56.251 billion yuan in 2025, 65.418 billion yuan in 2026, and 75.671 billion yuan in 2027, with year-on-year growth rates of 11.9%, 6.6%, 17.1%, 16.3%, and 15.7% respectively [8][11] - The net profit attributable to shareholders is forecasted to be 3.117 billion yuan in 2023, 2.838 billion yuan in 2024, 3.345 billion yuan in 2025, 3.781 billion yuan in 2026, and 4.300 billion yuan in 2027, with year-on-year growth rates of -3.0%, -8.9%, 17.9%, 13.0%, and 13.7% respectively [8][11] - The company's projected P/E ratios for 2025, 2026, and 2027 are 16.6, 14.7, and 12.9 respectively, indicating a favorable valuation trend [8][11]

Core Insights - The National Federation of Industry and Commerce released the lists of the top 500 private enterprises in China for 2025, with Jiangsu province having 90, 82, and 15 companies in the respective categories of overall private enterprises, manufacturing private enterprises, and service private enterprises, showing increases from the previous year [1][2]. Group 1: Jiangsu's Economic Contribution - Jiangsu's private economy contributed a value-added of 7.98 trillion yuan in 2024, accounting for 58.2% of the province's GDP, highlighting its significant role in the economy [1]. - Jiangsu ranked second nationally in the number of companies included in the 2025 top 500 private enterprises list, with 71 from southern Jiangsu, 11 from central Jiangsu, and 8 from northern Jiangsu [1]. Group 2: Company Performance - Among the top 500 private enterprises, 11 companies in Jiangsu reported revenues exceeding 100 billion yuan, an increase of one from the previous year [1]. - The total R&D investment of the listed companies reached 75.17 billion yuan, with 83,000 R&D personnel and 24,000 effective domestic invention patents, representing increases of 7.5%, 5.1%, and 32.6% respectively compared to the previous year [1]. Group 3: Tax Contributions and Employment - The total tax contribution of the listed companies amounted to 135.36 billion yuan, with 28 companies paying over 1 billion yuan in taxes annually [1]. - The total employment generated by these companies reached 1.306 million [1].

Investment Rating - The report maintains a "Recommended" rating for the company [3][6]. Core Views - The company's performance in the first half of 2025 met expectations, with a revenue of 23.6 billion yuan, a year-on-year increase of 10.19%, and a net profit attributable to the parent company of 1.568 billion yuan, up 7.38% year-on-year [1]. - The offshore wind power business is recovering, contributing to a significant revenue increase in the marine segment, which reached 2.896 billion yuan, a year-on-year growth of 37.19% [1]. - The company has a solid order backlog in the energy network sector, with total orders amounting to approximately 30.6 billion yuan as of July 31, 2025 [1]. Summary by Sections Financial Performance - In the first half of 2025, the company achieved a revenue of 23.6 billion yuan, with a net profit of 1.568 billion yuan [1]. - The revenue from the grid business was 9.975 billion yuan, reflecting a year-on-year increase of 11.97%, while the new energy business generated 2.630 billion yuan, up 13.69% [1]. Order Backlog - As of July 31, 2025, the company reported an order backlog of approximately 30.6 billion yuan in the energy network sector, with marine series orders around 13.3 billion yuan and grid construction orders about 15.5 billion yuan [1]. Future Projections - The company is projected to achieve net profits of 3.975 billion yuan, 4.899 billion yuan, and 5.521 billion yuan for the years 2025, 2026, and 2027, respectively, with corresponding PE multiples of 14x, 11x, and 10x [3][5].