此外，上述人士还强调，近年来公司持续攻关钻研海洋工程装备领域，专注于科技含量高及国产化替代领域，主要业务方向为FPSO核心橇 块、甲板装备、水下装备、海上平台压缩机组等，为客户提供定制化、一体化解决方案，降低海洋工程作业成本，提高海洋工程作业安全性。 对此上述人士分析认为，公司通过多年以来的积淀，已在中东地区形成较为完整的业务链条，业务板块涉及高端装备制造、再生循环业务、油 气工程服务、油气技术服务、油气田开发等多个领域。近年来，公司在中东高端装备市占率逐年提升，也完成了包括KOC JPF-5项目在内的多 个重点项目，并且新斩获了价值9.2亿美元的阿联酋ADNOC井场数字化改造项目、价值3.16亿美元的巴林国油天然气增压站项目等多个重要订 单，杰瑞品牌认可度不断提高。 上述人士还表示，在现有业务的基础上，公司未来将积极与客户探讨更多的合作模式，发挥公司各业务板块的产业协同优势，不断丰富完善公 司海外业务体系。 针对投资机构代表关注的海外产能及本土化建设情况，上述人士表示，公司通过整合、优化资源配置，加快推动海外本土化建设。在中东市 场，公司正在积极推进在阿联酋迪拜新建生产及办公基地的相关工作，在杰贝阿里自由贸 ...

证券代码：002353 证券简称：杰瑞股份 烟台杰瑞石油服务集团股份有限公司投资者关系活动记录表 编号：20250603 | | 特定对象调研 □媒体采访 | □分析师会议 □业绩说明会 | | | --- | --- | --- | --- | | 投资者关系活动 类别 | □新闻发布会 现场参观 □其他 | □路演活动 | | | | 序号 | 代表机构 | 姓 名 | | | 1 | 南方基金 | 孙鲁闽 | | | 2 | 南方基金 | 林乐峰 | | | 3 | 南方基金 | 吴冉劼 | | | 4 | 南方基金 | 刘树坤 | | | 5 | 南方基金 | 万朝辉 | | | 6 | 南方基金 | 钟 贇 | | | 7 | 南方基金 | 雷嘉源 | | | 8 | 南方基金 | 尹 力 | | | 9 | 南方基金 | 余一鸣 | | 活动参与人员 | 10 | 南方基金 | 龙一鸣 | | | 11 | 南方基金 | 陈 卓 | | | 12 | 南方基金 | 郑迎迎 | | | 13 | 南方基金 | 李 轶 | | | 14 | 南方基金 | 龙向东 | | | 15 | 南方基金 | ...

编号：20250603 | |  特定对象调研 | □分析师会议 | | --- | --- | --- | | 投资者关系活动 | □媒体采访 | □业绩说明会 | | | □新闻发布会 | □路演活动 | | 类别 |  现场参观 | | | | □其他 | | | | 序号 | 代表机构 | 姓 名 | | --- | --- | --- | --- | | | 1 | 南方基金 | 孙鲁闽 | | | 2 | 南方基金 | 林乐峰 | | | 3 | 南方基金 | 吴冉劼 | | | 4 | 南方基金 | 刘树坤 | | | 5 | 南方基金 | 万朝辉 | | | 6 | 南方基金 | 钟贇 | | | 7 | 南方基金 | 雷嘉源 | | | 8 | 南方基金 | 尹力 | | | 9 | 南方基金 | 余一鸣 | | | 10 | 南方基金 | 龙一鸣 | | | 11 | 南方基金 | 陈卓 | | | 12 | 南方基金 | 郑迎迎 | | 活动参与人员 | 13 | 南方基金 | 李 轶 | | | 14 | 南方基金 | 龙向东 | | | 15 | 南方基金 | 都逸敏 | | | ...

证券代码：002353 证券简称：杰瑞股份 公告编号：2025-041 烟台杰瑞石油服务集团股份有限公司 关于回购股份情况进展的公告 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。 重要提示： 烟台杰瑞石油服务集团股份有限公司（以下简称"公司"或"杰瑞股份"）于 2025 年 4 月 23 日召开第六届董事会第二十三次会议审议通过了《关于 2025 年度回购股份方案的议 案》。公司拟使用公司自筹资金及股票回购专项贷款，以集中竞价交易方式回购公司发行的 人民币普通股（A 股），用于股权激励或者员工持股计划，资金总额不低于人民币 15,000 万 元（含）且不超过人民币 25,000 万元，回购价格不超过 49.00 元/股，实施期限为自公司董 事会审议通过回购方案之日起 12 个月内。因公司在回购期间实施了 2024 年年度权益分派， 自股价除权、除息之日（即 2025 年 5 月 23 日）起，公司本次回购价格由不超过 49.00 元/ 股（含）调整为不超过 48.31 元/股（含）。具体情况详见公司披露于巨潮资讯网的 2025- 032、2025-039 号 ...

证券代码：002353 证券简称：杰瑞股份 公告编号：2025-040 烟台杰瑞石油服务集团股份有限公司 关于首次回购公司股份的公告 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。 重要提示： 公司首次回购股份的时间、回购股份价格及集中竞价交易的委托时段符合《深圳证券交 易所上市公司自律监管指引第 9 号——回购股份》第十七条、第十八条的相关规定。 1、公司未在下列期间回购公司股份： （1）自可能对本公司证券及其衍生品种交易价格产生重大影响的重大事项发生之日或 者在决策过程中，至依法披露之日内； （2）中国证监会和深圳证券交易所规定的其他情形。 2、公司以集中竞价交易方式回购股份符合下列要求： （1）委托价格不得为公司股票当日交易涨幅限制的价格； 烟台杰瑞石油服务集团股份有限公司（以下简称"公司"或"杰瑞股份"）于 2025 年 4 月 23 日召开第六届董事会第二十三次会议审议通过了《关于 2025 年度回购股份方案的议 案》。公司拟使用公司自筹资金及股票回购专项贷款，以集中竞价交易方式回购公司发行的 人民币普通股（A 股），用于股权激励或者员工持股计划，资 ...

Core Viewpoint - The company, Jerry Co., announced a share buyback plan, indicating a strategic move to enhance shareholder value and confidence in the company's future performance [1] Summary by Relevant Sections Share Buyback Details - The company repurchased 218,000 shares, which represents 0.02% of the total share capital [1] - The highest purchase price was 34.55 yuan per share, while the lowest was 34.13 yuan per share [1] - The total transaction amount was 7.4967 million yuan, excluding transaction fees [1] Funding Sources - The funds for the share buyback were sourced from the company's self-raised funds and a special loan for stock repurchase [1] - The repurchase price did not exceed 48.31 yuan per share [1]

Financial Performance - In Q1 2025, the company achieved a revenue of 2.687 billion CNY, representing a year-on-year growth of 26.07% [2] - The net profit attributable to shareholders was 466 million CNY, with a year-on-year increase of 24.04% [2] Major Contracts and Projects - The company signed a formal contract with ADNOC Onshore for a digital transformation EPC project, valued at an estimated 920 million USD, with a project duration of 42 months [2] - The minimum contract amount guaranteed by the owner is 50% of the total amount after deducting provisional sums [2] Shareholder Returns and Market Value - The company has consistently implemented cash dividends since its listing, with a 2024 dividend plan of 6.9 CNY per 10 shares [3] - The company has conducted share buybacks for three consecutive years and management has increased their shareholdings, indicating confidence in future growth [3] Global Market Strategy - The company has established production capabilities in the U.S. to meet local market demands and is enhancing localization in the Middle East and Central Asia [4] - A new production and office base is being developed in Dubai to improve service delivery and responsiveness to overseas markets [4] Market Opportunities and Bidding - The company is actively pursuing various market opportunities and is focused on securing new orders [4] - The procurement situation for PetroChina in 2025 will be monitored closely, with updates provided as necessary [4] Compliance and Market Entry - The company emphasizes compliance in its operations and will engage with legal institutions to navigate international regulations [5]

Investment Rating - The report assigns an "Outperform" rating to the company for the first time, with a reasonable valuation range of 38.22 to 47.04 CNY per share [6][4]. Core Insights - The company is a global leader in oil and gas field equipment manufacturing and oilfield services, with a revenue of 133.55 billion CNY in 2024, reflecting a CAGR of approximately 20.83% from 2010 to 2024 [1][13]. - The company has a strong competitive position in high-end equipment, maintaining the top market share in domestic fracturing, cementing, and coiled tubing sectors, and is the only Chinese company providing a full set of fracturing equipment to the North American high-end market [2][50]. - The international strategy is progressing smoothly, with significant breakthroughs in the Middle East and North America, leading to rapid growth in overseas revenue from 13.77 billion CNY in 2017 to 60.37 billion CNY in 2024, a CAGR of about 23.51% [3][41]. Financial Performance - In 2024, the company reported a revenue of 133.55 billion CNY, a year-on-year decrease of 4.01%, while the net profit attributable to shareholders was 26.27 billion CNY, an increase of 7.03% year-on-year [1][25]. - The gross margin and net margin for 2024 were 33.70% and 20.11%, respectively, showing improvements of 0.65 and 2.19 percentage points year-on-year [1][28]. - The company expects net profits for 2025 to reach 30.15 billion CNY, with a projected growth of 14.8% [54]. Business Segments - The high-end equipment manufacturing segment is expected to grow, with revenues projected to increase from 91.80 billion CNY in 2024 to 104.76 billion CNY in 2025, reflecting a growth rate of 14.11% [53][50]. - The oil and gas engineering and technical services segment is anticipated to recover, with revenues expected to grow from 32.93 billion CNY in 2024 to 38.25 billion CNY in 2025, a growth rate of 16.16% [51][53]. - Other business segments, including renewable energy and oilfield development, are expected to see modest growth, with revenues projected to increase by 5% annually [51]. Market Position - The company has established a strong foothold in both domestic and international markets, with overseas business revenue accounting for approximately 45.20% of total revenue in 2024 [41][3]. - The company has successfully completed several key projects in the Middle East, enhancing its reputation and market presence [3][4]. Future Outlook - The company is well-positioned to benefit from the increasing demand for unconventional oil and gas, with expectations of continued revenue and profit growth driven by equipment expansion, self-research advancements, and international market share increases [4][50]. - The projected revenue for 2025-2027 is expected to grow steadily, with net profits anticipated to reach 34.22 billion CNY in 2026 and 38.92 billion CNY in 2027 [54][55].

Investment Rating - The report assigns an "Outperform the Market" rating to the company [7]. Core Views - The company is a global leader in oil and gas field equipment manufacturing and oilfield services, with a revenue CAGR of approximately 20.83% from 2010 to 2024 [1]. - The company is benefiting from the growing demand for unconventional oil and gas, with expected continuous revenue and profit growth due to equipment/service expansion and technological innovations [4]. - The international strategy is progressing smoothly, with significant breakthroughs in the Middle East and North America markets [3]. Summary by Sections Business Overview - In 2024, the company achieved revenues of 133.55 billion yuan, with a slight decline of 4.01% year-on-year, while net profit increased by 7.03% to 26.27 billion yuan [1][25]. - The high-end equipment manufacturing segment accounted for 69% of total revenue in 2024, with a growth rate of 12.71% [14][51]. Financial Analysis - The company has maintained a strong profitability profile, with a gross margin of 33.70% and a net margin of 20.11% in 2024, reflecting improvements in operational efficiency [29][25]. - The company’s net profit is projected to grow to 30.15 billion yuan in 2025, with a corresponding PE ratio of 12 [4][55]. International Expansion - The company’s overseas revenue grew from 13.77 billion yuan in 2017 to 60.37 billion yuan in 2024, with a CAGR of approximately 23.51% [3][42]. - Key contracts signed in 2024 include a 22 billion yuan project with Bahrain National Oil Company and a 6 billion USD investment in Iraq [3]. Investment Recommendations - The report forecasts that the company will benefit from trends such as increased equipment self-research, expansion of service categories, and technological advancements in electric and turbine fracturing equipment [4][51]. - The estimated reasonable valuation range for the company is between 38.22 and 47.04 yuan per share [4].

烟台杰瑞石油服务集团股份有限公司（以下简称"公司"或"杰瑞股份"）于 2025 年 4 月 23 日召开第六届董事会第二十三次会议审议通过了《关于 2025 年度回购股份方案的议 案》。公司拟使用不低于人民币 15,000 万元（含）且不超过人民币 25,000 万元的自筹资金 及股票回购专项贷款，以集中竞价交易方式回购公司发行的人民币普通股（A 股），用于股 权激励或者员工持股计划，回购价格不超过 49.00 元/股，实施期限为自公司董事会审议通 过本次回购方案之日起 12 个月内。具体情况详见公司披露于巨潮资讯网的《回购报告书》 （2025-032 号公告）。 二、2024 年年度权益分派实施情况 本公司2024年年度权益分派方案为：以公司 2024年 12 月 31 日的总股本1,023,855,833 股剔除存放于公司回购专用证券账户 6,156 股后的 1,023,849,677 股为基数，向全体股东每 10 股派发现金红利 6.9 元（含税），共计派发 706,456,277.13 元（含税），送红股 0 股（含 税），不以公积金转增股本。本次权益分派股权登记日为：2025 年 5 月 22 日， ...