公司代码：688116 公司简称：天奈科技 江苏天奈科技股份有限公司 2024年度内部控制评价报告 江苏天奈科技股份有限公司全体股东： 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要求（以下简称企业内部 控制规范体系），结合本公司（以下简称公司）内部控制制度和评价办法，在内部控制日常监督和专项 监督的基础上，我们对公司2024年12月31日（内部控制评价报告基准日）的内部控制有效性进行了评价。 一. 重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其有效性，并如实披露内 部控制评价报告是公司董事会的责任。监事会对董事会建立和实施内部控制进行监督。经理层负责组织 领导企业内部控制的日常运行。公司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存 在任何虚假记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个别及连带法 律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及相关信息真实完整，提 高经营效率和效果，促进实现发展战略。由于内部控制存在的固有局限性，故仅能为实现上述目标提供 合理保证。此外，由于情况的变化可能导 ...

前十大流通股东累计持有： 8892.86万股，累计占流通股比： 25.8%，较上期变化： -1196.94万股。 一、主要会计数据和财务指标 | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.7300 | 0.8700 | -16.09 | 1.2400 | | 每股净资产（元） | 8.17 | 7.63 | 7.08 | 10.44 | | 每股公积金(元) | 3.34 | 3.54 | -5.65 | 5.58 | | 每股未分配利润(元) | 3.40 | 3.05 | 11.48 | 3.46 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 14.48 | 14.04 | 3.13 | 18.42 | | 净利润(亿元) | 2.5 | 2.97 | -15.82 | 4.24 | | 净资产收益率(%) | 8.96 | 11.62 | -22.89 | 18.71 | 数据四舍五入，查看更多财务数据> ...

Core Viewpoint - The article highlights the remarkable economic and innovative achievements of Zhenjiang, a small city in Jiangsu Province, which has managed to establish itself as a hub for high-tech industries and manufacturing despite its limited size and population [3][6][13]. Group 1: Economic Performance - Zhenjiang has a GDP of 554 billion yuan in 2024, ranking 57th nationally, surpassing provincial capitals like Taiyuan and Urumqi [8]. - Despite being the smallest city in Jiangsu by area and population, Zhenjiang's GDP ranks higher than larger cities such as Huai'an and Suqian [6][8]. - The city has a high economic value relative to its size, with a focus on innovation and technology [13][24]. Group 2: Innovation and Technology - Zhenjiang ranks 77th globally in the Global Innovation Index, placing it 22nd among Chinese cities, indicating a strong innovation ecosystem [9][12]. - The city is recognized for its high innovation capacity, ranking 41st in the National Innovation City Capability Evaluation Report, which assesses 288 cities [10][12]. - Zhenjiang's high-value invention patents per ten thousand people stand at 29.71, ranking 4th in Jiangsu [24]. Group 3: Manufacturing Strength - Zhenjiang's manufacturing sector is robust, with a sales revenue of over 368.43 billion yuan in 2024, growing at 13.2%, which is above the provincial average [17][24]. - The city has established significant industrial clusters in high-end equipment manufacturing and new materials, each exceeding 100 billion yuan in scale [18][24]. - Key industries include medical devices, aerospace, and new energy equipment, with notable companies like Yiyuan Medical and Tianwei Technology leading in their respective fields [20][22]. Group 4: Strategic Development Approach - Zhenjiang has adopted a focused approach to industrial development, prioritizing sectors like artificial intelligence and low-altitude economy, avoiding over-saturation in common industries [27][29]. - The city leverages its geographical position within the Yangtze River Delta to integrate with larger cities like Shanghai and Nanjing, enhancing resource sharing and collaboration [31][32]. - Zhenjiang's development strategy emphasizes selective engagement in high-potential industries while fostering a supportive policy environment for innovation [33][34].

Investment Rating - The report does not explicitly state an investment rating for the carbon nanotube industry Core Insights - Carbon nanotubes (CNTs) are a new type of material with exceptional mechanical, electrical, thermal, and chemical stability properties [2][3] - The market for carbon nanotubes is expected to grow significantly, but the growth rate is lagging behind that of lithium batteries [29] Summary by Sections 1. What are Carbon Nanotubes? - Carbon nanotubes are seamless nanoscale tubes formed by rolling single or multiple layers of graphene [2] - They exhibit strength approximately 100 times that of steel while having a density about 1/6 that of steel [2] - Their mechanical properties include high strength and flexibility, with a Young's modulus nearly six times that of steel [2] 2. Electrical and Thermal Properties - CNTs have excellent electrical conductivity, theoretically second only to superconductors, with minimal energy loss during electron transport [3] - They are also known for their superior thermal conductivity, being 3-6 times more efficient than diamond [3] 3. Types of Carbon Nanotubes - Carbon nanotubes can be classified into single-walled (SWCNT) and multi-walled (MWCNT) types, with SWCNTs generally exhibiting superior performance [9][10] - SWCNTs have a diameter of 1-2 nm and a length that can reach up to 1 mm, while MWCNTs have a diameter ranging from 7-100 nm [9] 4. Applications of Single-Walled Carbon Nanotubes - SWCNTs are widely used in structural materials, composite materials, enhanced plastics, industrial coatings, automotive tires, and energy storage [14][15] - They can significantly improve the mechanical properties of materials, such as increasing tensile strength by 100 MPa with just a 1% addition by weight [10][15] 5. Carbon Nanotubes in Lithium Batteries - CNTs enhance the conductivity of lithium battery electrodes, improving charge and discharge efficiency [23] - They provide structural stability to electrodes, mitigating volume changes during charge cycles, thus enhancing cycle life [24] - The use of CNTs can also improve the ionic transport properties of electrolytes, leading to better battery performance [25] 6. Market Growth and Trends - The carbon nanotube slurry market in China is projected to grow from 48,000 tons in 2020 to 145,000 tons by 2024, with a compound annual growth rate (CAGR) of 32% [29] - In contrast, lithium battery shipments are expected to increase from 143 GWh in 2020 to 1,175 GWh by 2024, with a CAGR of 69% [29] - The trend towards fast charging in electric vehicles is expected to drive the adoption of CNTs in lithium batteries, as they enhance the battery's rate performance [31][32]

Investment Rating - The industry investment rating is "Recommended," indicating an expected increase in the industry index by more than 5% over the next 3-6 months compared to the benchmark index [19]. Core Insights - The report highlights the launch of new electric vehicle models, including the Xiaopeng X9 and the Denza N9, which are positioned to enhance market competition in the electric vehicle sector [6]. - The report emphasizes the importance of power batteries in electric vehicles, suggesting a focus on companies involved in battery production and related materials [6]. - The report provides detailed specifications of new vehicle models, including pricing, power output, and range, showcasing advancements in technology and design [6]. Industry Overview - The industry consists of 299 listed companies with a total market capitalization of approximately 46,881.73 billion and a circulating market value of about 41,202.87 billion [2]. - The absolute performance of the industry over the past 12 months shows a growth of 3.9%, while the relative performance indicates a decline of 3.0% compared to the benchmark index [3]. Recent Developments - The Ministry of Industry and Information Technology announced the public disclosure of new energy vehicle models, with 218 enterprises submitting 578 models for approval, including 498 pure electric models [6]. - Xiaopeng X9 is priced between 359,800 to 419,800 yuan, featuring a maximum range of 740 kilometers with a 105 kWh battery [6]. - Denza N9 offers a comprehensive range of 1302 kilometers and includes advanced driving assistance features [6]. - Wuling Hongguang has introduced a range-extended version, providing options for fuel, range-extended, and pure electric powertrains [6].

Summary of Conference Call Company and Industry Overview - The conference call focused on Tianai Technology, a leading company in the field of carbon nanotubes, which are essential components for electronic skin and humanoid robots [1][23]. - The discussion highlighted the applications of carbon nanotubes in various systems of robots, including sensory systems, energy systems, and skin systems [3][4]. Key Points and Arguments Carbon Nanotubes Characteristics - Carbon nanotubes are described as both a new and old material, with unique properties such as high strength, flexibility, and excellent thermal conductivity [2][3]. - They are particularly noted for their ability to form conductive networks, which are crucial for sensors and electronic skin applications [10][11]. Applications in Robotics - The call emphasized the importance of carbon nanotubes in the development of artificial muscles and pressure sensors, which are seen as irreplaceable components in robotics [6][15]. - The electronic skin, which consists of an array of sensors, is a significant area of focus, with applications in temperature, pressure, and gas detection [7][10][27]. - The potential market for humanoid robots is projected to grow significantly, with estimates suggesting sales could reach over 600,000 units by 2030 [19]. Market Dynamics and Collaborations - Tianai Technology is collaborating with universities and enterprises to develop applications for electronic skin and artificial muscles, with ongoing projects and positive results reported [24][25]. - The company is also exploring partnerships with downstream clients in the robotics sector, although specific collaborations were not disclosed [30][37]. Cost Structure and Value Proposition - The cost structure of electronic skin materials was discussed, indicating that carbon nanotubes could account for over 60% of the value in these applications [15][41]. - The pricing for carbon nanotubes is approximately 10,000 RMB per kilogram, with variations based on processing and application [32]. Future Outlook - The conference highlighted the anticipated growth in the robotics industry, particularly in the use of carbon nanotubes for advanced applications such as artificial muscles, which could revolutionize robot movement and functionality [18][49]. - The company expressed confidence in the future of its traditional business and the expansion of its carbon nanotube market, particularly in overseas markets [46][53]. Additional Important Information - The call addressed the technical challenges and engineering solutions required for the effective implementation of carbon nanotube-based sensors in robotics [29]. - The discussion also touched on the competitive landscape, noting that while other companies are exploring similar technologies, Tianai Technology's unique properties of its carbon nanotubes give it a competitive edge [44][45].

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688116 证券简称：天奈科技 公告编号：2025-023 2、本次增持的时间：2025年4月11日 转债代码：118005 转债简称：天奈转债 江苏天奈科技股份有限公司关于高级管理人员增持公司股份的自愿性披露公告 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、准确性和完整性依法承担法律责任。 江苏天奈科技股份有限公司（以下简称"公司"）于2025年4月11日收到公司副总经理岳帮贤先生、王鸣 光先生的通知，基于对公司投资价值的认可及对公司未来持续稳定发展的信心，上述人员于2025年4月 11日通过上海证券交易所证券交易系统以集中竞价交易方式增持公司股份合计10,000股，合计增持金额 388,235.38元。现将本次增持股份情况公告如下： 一、本次增持主体的基本情况 （一）增持主体：副总经理岳帮贤先生、王鸣光先生。 （二）增持前持股数量及比例： 本次增持前，岳帮贤先生直接持有公司股票102,120股，占公司总股本0.0296%；王鸣光先生未直接持有 公司股票。 二、本次增持情况 1、本次增持的 ...

| 证券代码：688116 | 证券简称：天奈科技 | 公告编号：2025-023 | | --- | --- | --- | | 转债代码：118005 | 转债简称：天奈转债 | | 本次增持前，岳帮贤先生直接持有公司股票 102,120 股，占公司总股本 0.0296%；王鸣光先生未直接持有公司股票。 二、本次增持情况 1、本次增持的目的：基于对公司未来发展的信心及长期投资价值的认可。 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、准确性和完整性依法承担法律责任。 江苏天奈科技股份有限公司（以下简称"公司"）于 2025 年 4 月 11 日收到公 司副总经理岳帮贤先生、王鸣光先生的通知，基于对公司投资价值的认可及对公 司未来持续稳定发展的信心，上述人员于 2025 年 4 月 11 日通过上海证券交易所证 券交易系统以集中竞价交易方式增持公司股份合计 10,000 股，合计增持金额 388,235.38 元。现将本次增持股份情况公告如下： 一、本次增持主体的基本情况 （一）增持主体：副总经理岳帮贤先生、王鸣光先生。 （二）增持前持股数量及比例： ...

天奈科技公告，公司副总经理岳帮贤和王鸣光于2025年4月11日通过上海证券交易所证券交易系统以集 中竞价交易方式增持公司股份合计10000股，合计增持金额38.82万元。增持后，岳帮贤持有公司股票 10.71万股，占公司总股本0.0311%；王鸣光持有公司股票5000股，占公司总股本0.0015%。 ...

新代碳管深绑电池创新链，龙头引领产品 升级 核心观点 老产品价格企稳叠加新产品放量，业绩增长动能强劲。当前传统碳纳米管导电浆料 价格企稳，2024 年公司导电剂浆料销量同比高增，推动营收重回增长轨道。同时， 公司单壁产品以及复配单壁的第四代产品已推向市场进入放量阶段，随着公司新增 产能逐步投放，出货结构将向新代高性能产品倾斜。目前高性能稳定的单壁碳纳米 管处于供不应求状态，单吨粉体价格高达千万元级别，有望为公司带来丰厚利润增 量。 盈利预测与投资建议 ⚫ 由于产品结构变化，我们下调 2024 年收入与利润，预测公司 2024-2026 年归母净利 润分别为 2.53、4.95、6.76 亿元（原 24-25 年预测值为 3.22、4.53 亿元），参考可 比公司 25 年估值水平，给予公司 25 年 32 倍市盈率，对应目标价为 45.76 元，维持 买入评级。 风险提示 | | 1 周 | 1 月 | 3 月 | 12 月 | | --- | --- | --- | --- | --- | | 绝对表现% | -13.24 | -21.47 | 5.12 | 46.69 | | 相对表现% | -8.15 ...