证券代码：002322 证券简称：理工能科 公告编号：2025-001 宁波理工环境能源科技股份有限公司 第六届董事会第十五次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 宁波理工环境能源科技股份有限公司（以下简称"公司"）第六届董事会第 十五次会议于 2025 年 1 月 8 日以书面、电话、微信、电子邮件等方式通知各位董 事，会议于 2025 年 1 月 13 日上午以通讯表决方式召开。应参加表决董事 9 人， 实际参加表决董事 9 人。本次会议的召开及表决程序符合《中华人民共和国公司 法》、《公司章程》及《董事会议事规则》的有关规定。经与会董事审议并表决， 通过以下决议： 一、会议以 9 票赞成，0 票反对，0 票弃权的表决结果审议通过了《关于以集 中竞价交易方式回购公司股份方案的议案》。 本议案经第六届独立董事专门会议第四次会议审议通过。 具体内容详见公司同日披露于《证券时报》、《证券日报》和巨潮资讯网 （www.cninfo.com.cn）的《关于以集中竞价交易方式回购公司股份方案的公告》。 宁波理工环境能源科技股份有限公司 董事会 ...

证券代码：002322 证券简称：理工能科 公告编号：2025-003 宁波理工环境能源科技股份有限公司 （1）现场会议召开时间：2025 年 2 月 6 日（星期四）下午 14:30 时 （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的具体时 间为：2025 年 2 月 6 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易 所互联网投票系统投票的具体时间为：2025 年 2 月 6 日 9:15 至 15:00 期间的任 意时间。 5、会议的召开方式：本次股东大会采取现场投票与网络投票相结合的方式。 关于召开 2025 年第一次临时股东大会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 宁波理工环境能源科技股份有限公司（以下简称"公司"）拟召开公司 2025 年第一次临时股东大会，现将有关事宜通知如下： 一、召开会议基本情况 1、会议届次：2025 年第一次临时股东大会。 2、会议召集人：公司第六届董事会。 3、会议召开的合法、合规性：本次股东大会会议召开符合有关法律、行政 法规、部门规章、规范性文件 ...

Investment Rating - The report initiates coverage with an "Outperform" rating for the company, with a target price of RMB 22.17 based on a 25x PE for 2024 and a 20x PE for 2025 [2][14]. Core Insights - The company is a leader in power cost software and smart instruments, focusing on smart environmental protection and grid construction, enhancing domestic innovation capabilities [14]. - The company has shown strong profit growth in the first three quarters of 2023, with a net profit attributable to shareholders increasing by 39.41% year-on-year [11]. - The report highlights the company's commitment to digital, intelligent, and green development, promoting domestic smart instruments and expanding into energy storage and new core businesses [12][13]. Financial Performance and Forecast - The company's revenue for 2022 was RMB 973 million, with projections of RMB 1,098 million for 2023, RMB 1,223 million for 2024, RMB 1,419 million for 2025, and RMB 1,638 million for 2026, reflecting a compound annual growth rate [2]. - Net profit is expected to grow from RMB 215 million in 2022 to RMB 246 million in 2023, RMB 336 million in 2024, RMB 421 million in 2025, and RMB 508 million in 2026, indicating a strong upward trend [2][14]. - The report forecasts a gross profit margin of 60.7% for 2023, slightly declining to 59.5% in 2024, and then stabilizing around 60% in the following years [2][9]. Business Segmentation - Software sales are projected to generate revenue of RMB 541.91 million in 2023, with a growth rate of 7.11%, and expected to reach RMB 720.14 million by 2026 [5]. - The power monitoring segment is anticipated to grow significantly, with revenues expected to increase from RMB 126.69 million in 2023 to RMB 411.50 million by 2026, reflecting a growth rate of 24.78% in 2023 and 40% in 2026 [5]. - Environmental monitoring revenue is projected to grow steadily, with expected revenues of RMB 427.14 million in 2023 and RMB 503.89 million by 2026, maintaining a stable growth rate [5]. Market Position and Strategy - The company holds a high market share in the nuclear power software and instruments sector and is expanding its offerings in energy storage and portable chromatography [13]. - The company is committed to enhancing its product line and achieving domestic innovation in smart instruments, focusing on overcoming key technological challenges [6][14].

近日公司收到天一世纪出具的《股份减持计划实施结果告知书》，截至 2024 年 12 月 24 日，天一世纪已累计减持 3,000,000 股，占公司目前总股本（剔除公司 回购专用账户所持股份）的 0.83%。 根据《上市公司股东减持股份管理暂行办法》《深圳证券交易所上市公司自 律监管指引第 18 号——股东及董事、监事、高级管理人员减持股份》等有关规 定，现将天一世纪减持计划的实施结果公告如下： 一、股东减持情况 证券代码：002322 证券简称：理工能科 公告编号：2024-062 宁波理工环境能源科技股份有限公司 关于控股股东减持股份计划实施完毕暨实施结果的公告 本公司控股股东宁波天一世纪投资有限责任公司保证向公司提供的内容真 实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 宁波理工环境能源科技股份有限公司（以下简称"公司"）于 2024 年 11 月 28 日披露了《关于控股股东减持股份预披露公告》（公告编号：2024-061），控股股 东宁波天一世纪投资有限责任公司（以下简称"天一世纪"）拟自该公告披露之 日起 15 个交易日后 ...

证券代码：002322 证券简称：理工能科 公告编号：2024-061 宁波理工环境能源科技股份有限公司 关于控股股东减持股份预披露公告 本公司控股股东宁波天一世纪投资有限责任公司保证向公司提供的内容真 实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 宁波理工环境能源科技股份有限公司（以下简称"公司"）控股股东宁波天 一世纪投资有限责任公司（以下简称"天一世纪"）持有公司股份 108,956,706 股，占公司目前总股本（剔除公司回购专用账户所持股份）的 30.00%。公司实 际控制人周方洁先生持有天一世纪 51.8%股权，并直接持有公司股份 18,642,721 股。天一世纪、周方洁先生合计持有公司总股本（剔除公司回购专用账户所持股 份）的 35.14%。 2、股东身份：控股股东 3、股东持有股份的总数量及占公司总股本的比例：截至本公告披露之日， 天一世纪持有公司股份 108,956,706 股，占公司目前总股本（剔除公司回购专用 账户所持股份）的 30.00%。公司实际控制人周方洁先生持有天一世纪 51.8%股 权，并直 ...

Investment Rating - The report maintains a "Buy" rating for the company [3][6][13] Core Insights - The company reported a revenue of 613 million yuan for the first three quarters of 2024, a year-on-year increase of 0.21%, and a net profit attributable to shareholders of 187 million yuan, up 39.41% year-on-year [2] - In Q3 2024, the company faced challenges due to the environmental smart instrument industry, with revenue of 208 million yuan, down 23.04% year-on-year, and a net profit of 44 million yuan, down 30.41% year-on-year [2] - The gross margin improved to 70.45% in Q3 2024, an increase of 5.43 percentage points from the previous quarter, driven by product structure optimization and cost reduction efforts [2] - The new generation of oil chromatographic monitoring systems is expected to meet market demand, with a projected market size of approximately 23 billion yuan for the "14th Five-Year Plan" high-voltage transformer oil chromatographic online monitoring devices [2] - The company is actively expanding its new business areas in energy storage and nuclear power, having launched cost estimation software for the energy storage industry and holding a market share advantage in nuclear power software products [2] Financial Forecast and Valuation - The company is expected to achieve revenues of 1.316 billion yuan, 1.546 billion yuan, and 1.737 billion yuan for 2024, 2025, and 2026, respectively, representing year-on-year growth rates of 19.9%, 17.5%, and 12.3% [3][5] - The estimated earnings per share (EPS) for 2024, 2025, and 2026 are projected to be 0.88 yuan, 1.09 yuan, and 1.35 yuan, respectively, with corresponding price-to-earnings (PE) ratios of 16x, 13x, and 11x [3][5]

证券代码：002322 证券简称：理工能科 公告编号：2024-060 宁波理工环境能源科技股份有限公司 | | | | | | | | | 已质押股份 | | 未质押股份 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | | 情况 | | 情况 | | | | | | | | | | | 已质 | | 未质 | | | 股东 | | | 持股比 | 本次质押 | 本次质押 | 占其所 | 占公司 | 押股 | 占已 | 押股 | 占未 | | | | 持股数量 | | 前质押股 | 后质押股 | 持股份 | 总股本 | 份限 | | | | | 名称 | | | 例 | 份数量 | 份数量 | 比例 | 比例 | 售和 | 质押 | 份限 | 质押 | | | | | | | | | | | 股份 | 售和 | 股份 | | | | | | | | | | 冻结、 | | | | | | | | | | | | | | 比例 | 冻结 | 比例 | | | | | | | ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [4] Core Views - The company's performance in Q3 was impacted by delivery rhythm, with a significant profit increase in the first half of the year followed by a decline in Q3 due to the timing of software deliveries and customer payment structures [2][4] - The overall gross margin improved significantly, reaching 68.9% in the first three quarters, with Q3 gross margin at 70.53%, driven by the increase in oil chromatography sales [4] - The company is expected to see further growth in profits driven by both software and oil chromatography businesses, with projected net profits for 2024-2026 showing substantial growth rates [5] Financial Performance Summary - For the first three quarters of 2024, the company achieved revenue of 611 million yuan, a year-on-year increase of 0.25%, and a net profit of 187 million yuan, a year-on-year increase of 39.4% [1] - Q3 revenue was 207 million yuan, down 23% year-on-year, with a net profit of 44 million yuan, down 30% year-on-year [1] - The company’s gross margin for Q3 was 70.53%, an increase of 8.08 percentage points year-on-year and 5.41 percentage points quarter-on-quarter [4] - The projected net profits for 2024, 2025, and 2026 are 327 million yuan, 432 million yuan, and 525 million yuan, respectively, with growth rates of 33%, 32%, and 21% [5]

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [2][4]. Core Views - The company is a leader in power cost software and is expected to gradually realize its second growth curve due to increasing demand for its new generation oil chromatograph products and stable growth in distribution network investments [3][4]. - The company achieved a total operating revenue of 611 million yuan in the first three quarters of 2024, a year-on-year increase of 0.25%, while the net profit attributable to shareholders increased by 39.41% to 187 million yuan [2][3]. - The sales gross margin improved to 68.93%, up 4.04% year-on-year, indicating enhanced operational efficiency [3]. Financial Performance - In Q3 2024, the company reported an operating revenue of 207 million yuan, a decrease of 23.02% year-on-year, and a net profit of 44 million yuan, down 30.41% year-on-year [3]. - For the first three quarters of 2024, the net profit attributable to shareholders was 187 million yuan, reflecting a 39.41% increase year-on-year, with a basic EPS of 0.52 yuan per share, up 44.44% [2][3]. - The company is projected to achieve net profits of 345 million yuan, 447 million yuan, and 550 million yuan for the years 2024, 2025, and 2026, respectively [4][5]. Market Data - As of October 24, 2024, the company's stock price is 14.92 yuan, with a market capitalization of approximately 5.66 billion yuan [3][6]. - The company has a high market share in the power cost software sector, with a gross margin consistently above 90% [3][4]. Growth Potential - The new generation oil chromatograph products are expected to benefit from increased demand, particularly in the ultra-high voltage sector, which will contribute to the company's second growth curve [3][4]. - The company has a stable customer base and a solid position in the power cost software market, which is anticipated to grow due to the comprehensive implementation of pricing systems in various energy sectors [3][4].

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [1] Core Views - The company reported a revenue of 611 million yuan for the first three quarters of 2024, a year-on-year increase of 0.25%, and a net profit attributable to shareholders of 187 million yuan, a year-on-year increase of 39.41% [2] - The gross margin improved in Q3 2024, with a gross margin of 70.45%, up 8.02 percentage points year-on-year, attributed to a higher proportion of high-margin software products [2] - The new oil chromatograph product is expected to drive growth, as it meets new requirements for online monitoring systems in substations, with a significant market potential given the number of transformers in China [2] - The company is projected to achieve revenues of 1.371 billion, 1.610 billion, and 1.855 billion yuan for 2024, 2025, and 2026 respectively, with net profits of 324 million, 420 million, and 533 million yuan, corresponding to PE ratios of 17x, 13x, and 11x [2] Financial Performance Summary - For Q3 2024, the company reported a revenue of 208 million yuan, a year-on-year decrease of 23.04%, and a net profit of 44 million yuan, a year-on-year decrease of 30.41% [2] - The company’s operating income is projected to grow at rates of -12.53%, 12.98%, 25.15%, 17.41%, and 15.22% from 2022 to 2026 [5] - The net profit is expected to grow at rates of 201.91%, 14.64%, 31.82%, 29.70%, and 26.82% over the same period [5] - The company’s earnings per share (EPS) is projected to increase from 0.57 yuan in 2022 to 1.41 yuan in 2026 [5]