证券代码：002353 证券简称：杰瑞股份 公告编号：2025-050 烟台杰瑞石油服务集团股份有限公司 关于控股股东增持股份计划时间过半的进展公告 公司控股股东保证向本公司提供的信息内容真实、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。 一、 增持计划的基本情况 基于对公司价值的认可和对公司未来持续稳定发展的信心，为提升投资者信心，支持公 司持续、健康、稳定发展，稳定及提升公司价值，烟台杰瑞石油服务集团股份有限公司（以 下简称"杰瑞股份"或"公司"）控股股东孙伟杰先生、王坤晓先生、刘贞峰先生（三人为 一致行动人）计划自 2025 年 4 月 9 日起 6 个月内，使用自筹资金通过深圳证券交易所交易 系统以集中竞价方式增持公司股票，增持金额合计不低于 5,000 万元（人民币，下同）且不 超过 7,000 万元。具体情况详见公司披露于巨潮资讯网的 2025-007 号《关于控股股东增持 股份计划的公告》（以下简称"增持计划公告"）。 截至 2025 年 7 月 8 日，本次增持计划时间已过半，根据《深圳证券交易所上市公司自 律监管指引第 ...

Investment Rating - The industry investment rating is maintained as "Buy" [2] Core Views - The June PMI for the machinery industry has rebounded to 49.7%, indicating a recovery in general equipment and engineering machinery sectors [4][6] - Despite a decline in domestic engineering machinery operations, exports are experiencing rapid growth, with a year-on-year increase of 8.8% in May [5][6] - The overall demand for machinery equipment is expected to improve in the second half of the year due to easing US-China trade tensions and supportive fiscal and monetary policies [6] Summary by Sections Industry Performance - Over the past 12 months, the machinery industry has shown a relative return of 19.5% and an absolute return of 35.6% [3] General Equipment - The production index and new orders index have increased to 51.0% and 50.2%, respectively, indicating expansion [4] - The overall manufacturing sector is showing resilience, with a continuous recovery in PMI for May and June [4] Engineering Machinery - The average working hours for major engineering machinery products in June were 77.2 hours, down 9.1% year-on-year [5] - The average operating rate for engineering machinery was 56.9%, a decline of 7.55 percentage points year-on-year [5] Investment Recommendations - The report suggests focusing on the engineering machinery sector, which is expected to benefit from domestic demand recovery and strong export growth [6] - Specific companies to watch include Anhui Heli, Hangcha Group, Sany Heavy Industry, XCMG, Zoomlion, and Hengli Hydraulic [6] Key Company Forecasts - The report includes earnings forecasts and ratings for key companies, with several companies rated as "Buy" [20]

Investment Rating - The report assigns an "Overweight" rating for the industry [1] Core Insights - The "Strengthening Ocean Economy" strategy is accelerating, with significant developments in offshore wind power, ultra-deepwater platforms, and breakthroughs in high-end shipbuilding [2] - The central government's focus on high-quality development of the marine economy presents long-term growth opportunities for deep-sea technology and related industries [3] Summary by Sections Wind Power - The wind power sector is expected to see a profit restructuring and order expansion, with high demand projected for 2025. The domestic wind power installation reached 19.96 GW from January to April 2025, with a total bidding capacity of 53.4 GW from central state-owned enterprises [3] - The deep-sea wind power projects are entering a substantial advancement phase, with notable projects like the Zhejiang deep-sea demonstration project initiating equipment bidding, creating new opportunities for suppliers [3] - Recommended stocks include XinQiangLian, with related stocks being Tongyu Heavy Industry [3] Oil and Gas Equipment - The marine oil and gas sector is becoming a crucial growth area for China's energy supply, with marine crude oil accounting for nearly 80% of the national crude oil increment [3] - China has made significant advancements in deepwater oil and gas exploration, breaking the monopoly of a few international oil companies, exemplified by the domestically designed and built sixth-generation ultra-deepwater drilling platform "Fenjin" [3] - Recommended stocks include Jereh, Neway, with related stocks being CIMC, CNOOC, PetroChina, and China Oilfield Services [3] Shipbuilding Industry - The policy support is accelerating the construction of deep-sea equipment, with high demand arising from deep-sea oil and gas development, offshore wind power, and marine fisheries [3] - Key breakthroughs have been achieved in high-end ship types such as LNG carriers and ultra-deepwater drilling platforms, with the industry experiencing high levels of new orders and deliveries [3] - Recommended stocks include China Shipbuilding, China Shipbuilding Defense, and Zhenhua Heavy Industry [3]

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].

证券代码：002353 证券简称：杰瑞股份 公告编号：2025-049 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：2025-048 烟台杰瑞石油服务集团股份有限公司 关于为全资子公司申请流动资金贷款提供担保的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导 性陈述或重大遗漏。 一、担保情况概述 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 6 月 25 日分别召开第六届董事会第二十四次会议、第六届监事会第二十一次会议，审议并 通过《关于为全资子公司申请流动资金贷款提供担保的议案》，具体情况详见公司披露于巨 潮资讯网的 2025-044、2025-045、2025-047 号公告。 注册资本：100,000 万人民币 近日，公司与国家开发银行宁夏回族自治区分行（以下简称"宁夏国开行"）签署《外 汇贷款保证合同》（以下简称"本合同"或"保证合同"），公司为全资子公司杰瑞石油天 然气工程有限公司（以下简称"杰瑞油气"）申请流动资金贷款提供连带责任保证，担保贷 款本金金额不超过 6,200 万美元（参照 6 月 25 日中国人民银行美元对人民币中间价汇率 1:7.1668 折算，为 44,434.16 ...

Summary of Jerry Corporation Conference Call Company Overview - **Company**: Jerry Corporation - **Industry**: Oil and Gas Equipment and Services Key Points and Arguments 1. **Rapid Growth of Overseas Orders**: Jerry Corporation's overseas orders are expected to grow at a compound annual growth rate (CAGR) of approximately 50% from 2021 to 2024, with 80% of these orders coming from regions along the "Belt and Road" initiative. The Middle East and Central Asia are the fastest-growing areas [2][4][6]. 2. **Shift in Order Structure**: The company is experiencing a significant transformation in its order structure, with natural gas-related business increasing its share. From 2022 to 2024, the average annual growth rate of overseas natural gas-related orders is projected to exceed 80%, with natural gas compression equipment growing at 150% [2][5]. 3. **Domestic Orders**: Domestic orders account for about 50% of total orders, closely tied to the capital expenditures of the "Big Three" oil companies. These orders are less affected by oil price fluctuations [2][5]. 4. **Competitive Advantages in the Middle East**: Jerry Corporation has advantages in the Middle East oil and gas service market, including shorter project delivery cycles, strong customization capabilities, and cost advantages, allowing it to stand out against Western competitors [2][10]. 5. **Response to North American Tariff Issues**: To mitigate tariff risks in the North American market, the company has implemented measures such as early shipments, expanding local production capacity, and utilizing its Dubai factory for transshipment [2][11]. 6. **Revenue Projections**: The company anticipates revenues of 30 to 50 billion RMB over the next 3-5 years, with the power generation business expected to account for about 25% of total revenue [2][14]. 7. **Delivery Cycle Challenges**: The delivery cycle has been extended due to capacity constraints in natural gas compressors and EPC business, with expected growth rates of 15%-20% in 2025 and 30% in 2026 [3][15][20]. 8. **Order Growth in Middle East and Central Asia**: The sustainability of order growth in these regions is influenced by OPEC's production cut policies, which have been less effective than intended, allowing for continued investment in oil and gas extraction [6][7][8]. 9. **Natural Gas Investment Drivers**: The growth in natural gas investments in the Middle East is driven by resource endowment, economic advantages of gas over oil, and geopolitical factors, particularly following the Russia-Ukraine conflict [9]. 10. **Future Capacity Expansion**: Jerry Corporation's natural gas capacity is currently 4 billion RMB, with plans to triple this capacity and add a new factory in the Middle East, increasing total capacity to 6 billion RMB [18]. 11. **Impact of Capacity Constraints**: Current capacity limitations have extended delivery times from one year to up to 15-24 months [19]. 12. **Market Valuation Expectations**: Based on a profit forecast of 4 billion RMB in 2026, the company’s conservative market valuation could reach 40 billion RMB, with potential increases in valuation multiples due to improved growth recognition [21][22]. Other Important Insights - **Dividend Policy**: The company has been increasing its dividend payout ratio, which is expected to enhance its valuation floor over the coming years [22][23]. - **North American Market Challenges**: The expansion of electric fracturing equipment in North America has faced challenges due to market demand being primarily for equipment replacement and sensitivity to oil prices [12][13].

Summary of Key Points Core Viewpoint The company has decided to postpone the expected completion dates for certain fundraising investment projects due to changes in market conditions and strategic adjustments, while ensuring that the investment amounts and purposes remain unchanged. Group 1: Fundraising Overview - The company raised approximately RMB 2.5 billion through a private placement of 69,098,949 shares at a price of RMB 36.18 per share, with a net amount of RMB 2,487,483,821.84 after deducting issuance costs [1][2] - The remaining balance of the original fundraising project, which was terminated, is RMB 758.205 million, including interest and investment income [2][4] Group 2: Project Changes - The company has terminated the original project for the industrialization of new energy intelligent fracturing equipment and redirected the remaining funds to an oil and gas technology service project [2][8] - The total investment for the new project is estimated at RMB 830 million, with RMB 758.205 million expected to be funded from the redirected remaining balance [8] Group 3: Delay Reasons - The postponement is attributed to changes in market and macroeconomic conditions, as well as the company's strategic adjustments, which have led to a reassessment of project urgency [6][7] - The company aims to avoid resource waste by extending the timeline for project completion, particularly for the digital transformation project, which has seen a decrease in urgency due to overseas capacity construction [7][8] Group 4: Project Feasibility and Expected Benefits - The digital transformation project is essential for enhancing operational efficiency and reducing reliance on manual processes, although it does not directly generate revenue [11][12] - The oil and gas technology service project is expected to meet increasing market demand, with a positive outlook on economic benefits based on current market assessments [12] Group 5: Approval and Oversight - The postponement of the projects has been approved by the company's board and supervisory committee, ensuring compliance with relevant regulations [13] - The company will continue to monitor market conditions and manage resources effectively to ensure the projects are completed on schedule [10][13]

经中国证券监督管理委员会《关于核准烟台杰瑞石油服务集团股份有限公司 非公开发行股票的批复》（证监许可[2022]685 号）的核准，公司通过询价方式非 公开发行人民币普通股（A 股）69,098,949 股，每股发行价格为人民币 36.18 元， 本次公司发行新股募集资金总额为人民币 2,499,999,974.82 元，扣除本次非公开 发行累计发生的各项发行费用人民币 12,516,152.98 元（不含税）后，募集资金净 额为人民币 2,487,483,821.84 元。上述募集资金已于 2022 年 6 月 23 日到账，已 经中喜会计师事务所（特殊普通合伙）验证，并由其出具《验资报告》（中喜验 资 2022Y00074 号）。 国信证券股份有限公司 关于烟台杰瑞石油服务集团股份有限公司 部分募集资金投资项目延期的核查意见 国信证券股份有限公司（以下简称"国信证券"或"保荐机构"）作为烟台 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"）非公开发 行股票的保荐机构，根据《证券发行上市保荐业务管理办法》《深圳证券交易所 股票上市规则》《上市公司募集资金监管规则》《深圳证券交易所上市公司自律监 ...

证券代码：002353 证券简称：杰瑞股份 公告编号：2025-047 烟台杰瑞石油服务集团股份有限公司 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 6 月 25 日分别召开第六届董事会第二十四次会议、第六届监事会第二十一次会议，审议并 通过《关于为全资子公司申请流动资金贷款提供担保的议案》，具体情况如下。 公司全资子公司杰瑞石油天然气工程有限公司（以下简称"杰瑞油气"）因日常经营资 金需求，拟向国家开发银行宁夏回族自治区分行（以下简称"宁夏国开行"）申请流动资金 贷款并签署《外汇流动资金贷款合同》（以下简称"贷款合同"）。为推进杰瑞油气日常经 营活动正常开展，保障资金流动性，公司拟为杰瑞油气本次流动资金贷款提供连带责任保证， 担保贷款本金金额不超过 6,200 万美元（参照 6 月 25 日中国人民银行美元对人民币中间价 汇率 1:7.1668 折算，为 44,434.16 万元人民币）。 本次担保事项在董事会审议权限范围内，不构成关联交易，无需提交股东大会审议。 二、被担保方基本情况 被担保方名称：杰瑞石油天然气工程有限公司 关于为全资子公司申请流动资金贷款提供担保 ...