格隆汇10月11日｜有投资者在互动平台向美腾科技提问：请问白家海子项目是否发货、安装了？预计今 年内能否完成验收？美腾科技回复称，白家海子项目的设备安装与调试工作已完成，目前处于试运行阶 段。 ...

Group 1 - The core issue for the subsidiary Zhiguan Information's losses in the first half of the year is linked to a decrease in revenue from the parent company Meiteng Technology's intelligent systems and instruments segment [1] - As a result of the decline in revenue, the scale of software development and debugging services procured by Meiteng Technology from Zhiguan Information has been reduced [1]

Core Viewpoint - The company is focusing on lithium battery recycling and aims to leverage its technological capabilities to enhance its position in the recycling industry, while exploring strategic partnerships and potential growth avenues in this sector [1]. Group 1: Business Strategy - The company is committed to becoming a world-class technology firm in the fields of coal selection, mineral selection, and resource recycling [1]. - The current focus of the lithium battery recycling business is on the pre-treatment stage of used lithium batteries, aiming to empower both incremental recovery enterprises and wet recovery companies [1]. - The company is actively seeking high-quality targets that complement its technological, product, or market advantages for potential investments or acquisitions [1]. Group 2: Market Position and Future Potential - The lithium battery recycling technology is still in the investment phase and has not yet generated revenue [1]. - The company is exploring growth opportunities through technological innovation and resource integration, although future contributions to performance will be influenced by market conditions, policy directions, and business maturity [1]. - The company emphasizes its commitment to strict information disclosure obligations and will keep investors informed of significant developments [1].

华泰联合证券有限责任公司 关于天津美腾科技股份有限公司 2025 年半年度持续督导跟踪报告 | 保荐机构名称：华泰联合证券有限责任公司 | 被保荐公司简称：天津美腾科技股份有限公 | | --- | --- | | | 司 | | 保荐代表人姓名：柴奇志 | 联系电话：010-57615991 | | 保荐代表人姓名：史玉文 | 联系电话：025-83387742 | 根据《证券法》《证券发行上市保荐业务管理办法》和《上海证券交易所科 创板股票上市规则》等有关法律、法规的规定，华泰联合证券有限责任公司（以 下简称"华泰联合证券"或"保荐机构"）作为天津美腾科技股份有限公司（以 下简称"美腾科技"、"公司"或"发行人"）首次公开发行股票的保荐机构， 对美腾科技进行持续督导，并出具本持续督导跟踪报告： 一、持续督导工作情况 | 序 号 | 工作内容 | 持续督导情况 | | --- | --- | --- | | 1 | 建立健全并有效执行持续督导工作制度，并针 | 保荐机构已建立健全并有效执行了持 | | | 对具体的持续督导工作制定相应的工作计划 | 续督导制度，并制定了相应的工作计划 | | 2 | 根据中 ...

Group 1 - On September 9, Meiteng Technology experienced a decline of 1.61% with a trading volume of 18.99 million yuan [1] - The financing data on the same day showed a financing purchase amount of 2.78 million yuan and a financing repayment of 4.28 million yuan, resulting in a net financing outflow of 1.50 million yuan [1] - As of September 9, the total balance of margin trading for Meiteng Technology was 44.20 million yuan, accounting for 5.06% of its circulating market value, which is above the 90th percentile level over the past year [1] Group 2 - As of June 30, the number of shareholders for Meiteng Technology was 5,062, an increase of 5.57% compared to the previous period [2] - The average circulating shares per person were 6,738, a decrease of 5.27% from the previous period [2] - For the first half of 2025, Meiteng Technology reported operating revenue of 265 million yuan, a year-on-year decrease of 5.91%, and a net profit attributable to shareholders of 8.13 million yuan, down 74.35% year-on-year [2] Group 3 - Since its A-share listing, Meiteng Technology has distributed a total of 69.49 million yuan in dividends [3]

Core Viewpoint - Tianjin Meiteng Technology Co., Ltd. will participate in the 2025 Tianjin Listed Companies Investor Online Collective Reception Day to enhance communication with investors regarding its 2025 semi-annual performance and other key topics [3][4]. Group 1: Event Details - The event is scheduled for September 11, 2025, from 15:00 to 17:00 [2][4]. - The event will be conducted remotely, allowing investors to participate via the "Panorama Roadshow" website, WeChat public account, or the Panorama Roadshow APP [2][4]. Group 2: Company Participation - The company will be represented by Mr. Liang Xingguo, the Chairman and President, Ms. Chen Yushuo, the Secretary of the Board, and Mr. Wang Yuanwei, the Chief Financial Officer [5]. Group 3: Contact Information - For inquiries, investors can contact the Securities Department via phone at 022-23477688 or email at meitengin@tjmeiteng.com [6].

Core Viewpoint - Meiteng Technology announced its participation in the "2025 Tianjin Listed Companies Investor Online Reception Day" scheduled for September 11, 2025 [2] Company Summary - Meiteng Technology will engage with investors during the online event aimed at enhancing communication and transparency with stakeholders [2]

证券代码：688420 证券简称：美腾科技 公告编号：2025-025 天津美腾科技股份有限公司（以下简称"公司"）已于 2025 年 8 月 29 日在 上海证券交易所网站（www.sse.com.cn）披露公司《2025 年半年度报告》。为进 一步加强与投资者的互动交流，公司将参加由天津证监局指导、天津上市公司协 会及深圳市全景网络有限公司联合举办的"2025 年天津辖区上市公司投资者网上 集体接待日活动"，围绕 2025 年半年度业绩、公司治理、发展战略、经营状况等 投资者关心的问题，与投资者进行沟通交流。 二、活动时间、方式 活动时间：2025 年 9 月 11 日（周四）15:00-17:00 天津美腾科技股份有限公司 关于参加 2025 年天津辖区上市公司投资者 网上集体接待日活动的公告 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法律责任。 重要内容提示： 活动时间：2025 年 9 月 11 日（周四）15:00-17:00 活动方式：本次活动将采用网络远程的方式举行，投资者可以登录"全景 路演"（http://rs. ...

Core Insights - Meiteng Technology reported a revenue of 265 million yuan and a net profit of 8.13 million yuan for the first half of 2025 [1] - The company focuses on the research, design, manufacturing, and sales of intelligent equipment and systems, with a strong presence in the coal industry [1] Revenue and Orders - In the first half of 2025, the company signed new orders worth 337 million yuan, with a total contract amount of 536 million yuan, reflecting a 3.88% increase compared to the same period in 2024 [2] - The company achieved breakthroughs in non-coal mineral sorting, securing orders for talc sorting technology and other previously developed technologies [2] International Expansion - The company actively pursued international market opportunities, establishing cooperation intentions with potential clients in Turkey and Kazakhstan, with further projects in India, Mongolia, Central Asia, Australia, and Africa [3] - Efforts to build channels included hiring local staff and establishing an Australian laboratory to strengthen international business foundations [3] Research and Development - The company invested 28.82 million yuan in R&D, accounting for 10.87% of its revenue, and has received multiple domestic and international patents [3] - Continuous improvement in R&D management and innovation incentives is a key focus for the company [3]

Core Viewpoint - Meiteng Technology (688420) reported disappointing financial results for the first half of 2025, with significant declines in revenue and net profit compared to the previous year [1] Financial Performance - Total revenue for the first half of 2025 was 265 million yuan, a decrease of 5.91% year-on-year [1] - Net profit attributable to shareholders was 8.13 million yuan, down 74.35% year-on-year [1] - In Q2 2025, total revenue was 151 million yuan, a decline of 12.7% year-on-year, and net profit was 5.63 million yuan, down 76.75% year-on-year [1] - Gross margin was 35.24%, a decrease of 4.03% year-on-year, while net margin fell to 2.43%, down 77.51% year-on-year [1] - Total operating expenses (selling, administrative, and financial) amounted to 58.37 million yuan, accounting for 22.02% of revenue, an increase of 14.15% year-on-year [1] Balance Sheet and Cash Flow - Cash and cash equivalents decreased to 575 million yuan, down 21.81% year-on-year [1] - Accounts receivable increased to 557.1 million yuan, up 25.86% year-on-year, with accounts receivable to net profit ratio reaching 1368.59% [1][4] - Interest-bearing debt rose to 9.51 million yuan, an increase of 183.36% year-on-year [1] Return on Investment - The company's return on invested capital (ROIC) for the previous year was 2.35%, indicating weak capital returns [3] - Historical median ROIC since listing is 27.58%, suggesting better investment returns in the past [3] Business Model and Operational Insights - The company's performance is primarily driven by research and marketing efforts, necessitating a deeper analysis of these underlying drivers [3]