Core Viewpoint - The blowout preventer (BOP) market is expanding due to increased safety awareness in the oil and chemical industries, regulatory improvements, and technological advancements, with China's BOP market projected to reach 14 billion yuan in 2024, a year-on-year increase of 6.1% [1][14]. Group 1: Industry Overview - Blowout preventers are critical safety devices used to prevent fluid from suddenly erupting under high pressure, ensuring the safety of personnel and equipment in oil wells, gas wells, and chemical pipelines [1][14]. - The BOP market is driven by the rapid development of the oil and chemical industries globally, with a growing emphasis on safety production and the demand for safety equipment [1][14]. - The BOP industry is characterized by two main types: gate BOPs and annular BOPs, each designed for different sealing needs [3][5][7]. Group 2: Market Size and Segmentation - The gate BOP market is significant, expected to reach 8.4 billion yuan in 2024, due to its ability to quickly seal wells during emergencies and balance formation pressure [15]. - The annular BOP market, while smaller, is valued at 5.6 billion yuan in 2024, known for its reliability in specific applications [15]. Group 3: Industry Chain - The BOP industry supply chain includes upstream raw material suppliers, midstream manufacturing processes, and downstream applications in oil and gas extraction [9]. Group 4: Competitive Landscape - The BOP market features a diverse range of domestic and international companies competing on production scale, product quality, and technological capabilities [17]. - Leading companies in the industry include Shanghai Shenkai Petroleum Chemical Equipment Co., Jiangsu Hongtian Technology Co., and Yantai Jereh Petroleum Service Group Co., which have established significant market shares through innovation and quality [19]. Group 5: Industry Trends - The BOP industry is witnessing increased automation and smart technology integration, enhancing operational efficiency and safety [23]. - Environmental considerations are driving the development of energy-efficient and eco-friendly BOP products, such as electric-driven models [24]. - The domestic production of high-end BOP products is accelerating, with companies like CNOOC Services achieving API16A certification for deepwater BOPs, indicating a shift towards local supply chains [26]. - The competitive landscape is evolving with stricter industry standards leading to the elimination of low-end capacities and increased market concentration among leading firms [27].

Group 1 - The ocean economy is a significant driver of GDP growth, with the national marine production value expected to exceed 10 trillion yuan in 2024, accounting for 7.8% of the GDP, and contributing 11.5% to economic growth [1][8] - The government has highlighted "deep-sea technology" in its reports, indicating its importance alongside commercial aerospace and low-altitude economy, suggesting a rapid development potential in deep-sea equipment and exploration [1][8] - The deep-sea technology sector is identified as a key pillar for building a maritime power, encompassing three main areas: deep-sea materials, deep-sea equipment manufacturing, and deep-sea digital applications [3][17] Group 2 - Various provinces and cities are accelerating the development of marine economy, with policies focusing on high-end, intelligent, and green development, and establishing multi-level industrial systems [2][13] - Shanghai's marine industry development plan (2025-2035) proposes a "3+5+X" industrial system, while Guangdong's regulations emphasize support for eight emerging marine industry clusters [2][14] - The deep-sea materials sector is crucial for deep-sea technology, involving structural and buoyancy materials necessary for the development of marine resources, with a focus on high-performance steel, alloy materials, and composite materials [3][21] Group 3 - The deep-sea equipment sector is essential for supporting deep-sea development, facing challenges from complex underwater environments, with significant growth in China's shipbuilding industry, which saw a 13.8% increase in completed shipbuilding volume in 2024 [4][26] - The deep-sea digitalization and intelligence sector is a vital direction for deep-sea technology development, aiming to create a "digital ocean" that enhances marine decision-making and governance through advanced information technologies [5][17] - The report suggests focusing on marine engineering equipment manufacturing, marine equipment components, and marine observation instruments as key areas for investment [4][26]

证券代码：688377 证券简称：迪威尔 公告编号：2025-015 南京迪威尔高端制造股份有限公司 关于投资建设"深海承压零部件产品精密制造项目"的公告 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个别及连带责任。 重要内容提示： 投资项目名称：深海承压零部件产品精密制造项目 投资金额：项目预计总投资规模为 3.058 亿元（最终投资金额以项目建设实际投 入为准） 其他重要事项：本次投资不构成关联交易，亦不构成《上市公司重大资产重组 管理办法》规定的重大资产重组。本次投资事项在公司董事会决策权限内，无需提 交公司股东大会审议。 相关风险提示： 1、本项目规划基于当前市场形势和行业前景，未来市场、政策及经济形势存在 发生变化的可能，对项目的影响较为复杂，项目的投资计划可能根据未来实际情况 调整，存在不能达到原计划及预测目标的风险。 2、项目资金来源为公司自有或自筹资金，虽然公司具有一定的资金实力，且银 行信用良好，但项目投资、建设过程中的资金筹措、信贷政策的变化可能导致项目 存在资金筹措到位不及时的风险，进而影响项目建设进度。 3、项 ...

Core Viewpoint - The company, Nanjing Diweier High-end Manufacturing Co., Ltd., has announced a differentiated cash dividend distribution plan, approved at the 2024 annual shareholders' meeting, with a cash dividend of 0.14 yuan per share [1][2]. Dividend Distribution Plan - The company plans to distribute a cash dividend of 1.4 yuan for every 10 shares held, amounting to a total cash dividend of approximately 27.15 million yuan, which represents 31.72% of the net profit attributable to shareholders in the 2024 consolidated financial statements [2][3]. - The total share capital is 194,667,000 shares, with 712,278 shares excluded from the distribution due to being held in the company's repurchase account [2][3]. Relevant Dates - The key dates for the dividend distribution are as follows: - Record date: To be determined - Ex-dividend date: To be determined - Cash dividend payment date: To be determined [4][5]. Implementation of Distribution - The cash dividends will be distributed through the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered on the record date [5][6]. - Shares held in the company's repurchase account will not participate in the profit distribution [5][6]. Taxation on Dividends - For individual shareholders holding shares for over one year, the cash dividend of 0.14 yuan per share is exempt from personal income tax. For those holding shares for one year or less, tax will be calculated upon the transfer of shares [6][7]. - Qualified Foreign Institutional Investors (QFII) will have a 10% corporate income tax withheld, resulting in a net cash dividend of 0.126 yuan per share [7]. - Other institutional investors will be responsible for their own tax declarations, receiving a gross cash dividend of 0.14 yuan per share [8].

北京国枫律师事务所 关于南京迪威尔高端制造股份有限公司 差异化分红事项的法律意见书 国枫律证字[2025]AN075-1 号 GRANDWAY 北京国枫律师事务所 Grandway Law Offices 北京市东城区建国门内大街 26 号新闻大厦 7 层 邮编: 100005 电话 (Tel) : 010-88004488/66090088 传真 (Fax) : 010-66090016 北京国枫律师事务所 关于南京迪威尔高端制造股份有限公司 差异化分红事项的法律意见书 国枫律证字[2025]AN075-1号 致: 南京迪威尔高端制造股份有限公司 北京国枫律师事务所(以下简称"本所") 受南京迪威尔高端制造股份有限 公司(以下简称"公司"或"迪威尔") 委托,根据《中华人民共和国公司法》 (以下简称"《公司法》")、《中华人民共和国证券法》（以下简称"《证券 法》"）、《上海证券交易所上市公司自律监管指引第７号—回购股份》(以下 简称"《回购股份监管指引》")等相关法律、法规及规范性文件的规定,本所 律师就公司本次差异化分红相关事项出具本法律意见书。 对本法律意见书的出具，本所律师特作如下声明: 1. 本所 ...

证券代码：688377 证券简称：迪威尔 公告编号：2025-014 南京迪威尔高端制造股份有限公司 2024年年度权益分派实施公告 本公司董事会及全体董事保证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。 重要内容提示： | 股权登记日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | | 2025/6/19 | 2025/6/20 | 2025/6/20 | 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 5 月 20 日的2024年年度股东大会审议通过。 二、 分配方案 1. 发放年度：2024年年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东， 公司回购专用证券账户持有的股份除外。 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号——回购股份》 等相关规定，上市公司回购的股份自过户至上市公司回购专用 是否涉及差异化分红送转：是 每股分配比例 每 ...

Group 1 - The National Petroleum and Natural Gas Index (399439) has seen an increase of 0.43% as of May 28, 2025, with notable gains from companies such as Zhuoran Co. (688121) up 4.25% and Lansi Heavy Industry (603169) up 3.81% [1] - The oil and gas ETF (159697) rose by 0.31%, with the latest price reported at 0.97 yuan [2] - The development project of the Kenli 10-2 oilfield group, which is the largest lithologic oilfield discovered offshore China with proven geological reserves exceeding 100 million tons, has entered the offshore operation phase [2] Group 2 - The top ten weighted stocks in the National Petroleum and Natural Gas Index account for 66.65% of the index, including major companies like China National Petroleum (601857) and Sinopec (600028) [3] - Short-term pressures on international oil prices are expected due to tariff policies and OPEC+ production increases, but geopolitical risk premiums and global demand resilience may support oil price stability [2] - The oil and gas upstream capital expenditure is increasing, leading to a recovery in the oil service industry and enhanced competitiveness driven by technological advancements [2]

Investment Rating - The report assigns an "Accumulate" rating for the company, marking its first coverage [1]. Core Viewpoints - The company has over 20 years of experience in the oil and gas industry and has entered the supply chain of global oil service leaders, establishing itself as a high-tech enterprise specializing in the research, production, and sales of oil and gas drilling equipment components [2][15]. - The oil service industry is expected to benefit from increased capital expenditure by oil and gas companies, particularly in deep-sea and unconventional oil and gas sectors, which are seen as long-term trends [3][50]. - The company currently has a low market share, indicating significant growth potential, especially as it aims to increase its market presence in deep-sea and fracturing equipment [4][67]. Summary by Sections Company Overview - The company, established in 1996, has developed a range of specialized components for oil and gas production systems, blowout preventers, and unconventional oil and gas extraction [15][20]. - The company has faced revenue fluctuations, with a projected revenue of 1.12 billion yuan in 2024, a decrease of 7% year-on-year, and a net profit of 90 million yuan, down 40% year-on-year, primarily due to external factors affecting export orders [2][28]. Industry Outlook - The global deep-sea oil and gas equipment market is projected to grow from $18.4 billion in 2023 to $26.5 billion by 2029, with a CAGR of 6.1% [4]. - The company is well-positioned to benefit from the increasing demand for deep-sea oil and gas extraction technologies, supported by government policies promoting deep-sea technology development [57][62]. Financial Projections - The company is expected to achieve net profits of 140 million yuan, 210 million yuan, and 260 million yuan for the years 2025, 2026, and 2027, respectively, with corresponding P/E ratios of 27, 18, and 14 [10]. - The company's revenue is anticipated to grow significantly in the coming years, driven by the release of scale effects and the ongoing domestic development of unconventional oil and gas [2][10]. Market Position - The company has established long-term strategic partnerships with major global oil service companies, with its top five customers accounting for over 70% of annual sales [23][24]. - The company aims to increase its market share in deep-sea equipment to 3%, translating to potential revenue of 2.9 billion yuan, and in domestic fracturing equipment to 40%, corresponding to 680 million yuan in revenue [4][67].

证券代码：688377 证券简称：迪威尔 公告编号：2025-013 南京迪威尔高端制造股份有限公司 2024年年度股东大会决议公告 本公司董事会及全体董事保证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。 重要内容提示： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （二） 股东大会召开的地点：江苏省南京市江北新区迪西路 8 号公司三楼 1 号 会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 56 | | --- | --- | | 普通股股东人数 | 56 | | 2、出席会议的股东所持有的表决权数量 | 80,576,339 | | 普通股股东所持有表决权数量 | 80,576,339 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比例 | 41.54 | | （%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 41.54 | （四） 表决方式是否符合《公司法》及公司章程的规定，大会主持情况等。 ...

国枫律股字[2025]0024 号 致：南京迪威尔高端制造股份有限公司（贵公司） 北京国枫（南京）律师事务所（以下简称"本所"）接受贵公司的委托，指派律师 出席并见证贵公司 2024 年年度股东大会（以下简称"本次会议"）。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人 民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规则》（以下简称 "《股东会规则》"）、《律师事务所从事证券法律业务管理办法》（以下简称"《证 券法律业务管理办法》"）、《律师事务所证券法律业务执业规则（试行）》（以下简 称"《证券法律业务执业规则》"）等相关法律、行政法规、规章、规范性文件及《南 京迪威尔高端制造股份有限公司章程》（以下简称"《公司章程》"）的规定，就本次 会议的召集与召开程序、召集人资格、出席会议人员资格、会议表决程序及表决结果等 事宜，出具本法律意见书。 对本法律意见书的出具，本所律师特作如下声明： 南京市鼓楼区集庆门大街 270 号苏宁环球国际中心 43 层 电话：025-85803866 传真：025-85803680 邮编：210003 北京国枫（南京）律师事务所 关于南京迪 ...