证券日报网讯达实智能（002421）10月15日发布公告，在公司回答调研者提问时表示，公司成立于1995 年3月，2010年6月上市。公司服务于企业园区的智能化和节能建设，以物联网和人工智能技术为基础， 为客户提供AIoT智能物联网管控平台和AI应用服务。公司聚焦金融、科技、高端制造等行业企业，已 服务企业园区项目超过3000个。2025年，公司对"AIoT智能物联网管控平台"自研软件产品进行持续迭 代优化。2025年3月正式发布AIoT智能物联网管控平台V7版本，持续优化冷量预测、中央空调运行调 优、能耗异常识别等判别式AI应用；同时，V7版本正式接入国产大语言模型，探索生成式AI在会议室 预订、停车位查询、节能建议等"一句话"智能交互中的创新场景。得益于AI应用持续升级，2025年上半 年，公司自研平台产品实现快速增长，AIoT平台产品签约金额由去年同期的796.68万元增长到2504.39 万元，同比增长214.35%。AIoT平台产品收入也由去年同期的1086.77万元增长到1355.99万元，同比增 长24.77%。 ...

投资者关系活动类别 ☑ 特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □电话会议 □其他 活动参与方 达实智能副总经理、董事会秘书-管小芬 泽源私募、泓德尚义资管、惠富私募、深天润资本等 4 位机构投资 者 时间 2025 年 10 月 14 日 （周二） 下午 15:00-17:00 地点 公司会议室 形式 现场参观+现场交流 交流内容及具体问答 记录 一、公司副总经理兼董事会秘书管小芬女士向投资者介绍了公司 2025 年半年度的经营情况及未来展望。 2025 年上半年，公司进一步明确了"AI+物联网"的战略目标， 专注于以 AIoT 平台为核心、以模块化场景应用为支撑的智慧空间整 体解决方案。在技术方面，公司发布了 AIoT 智能物联网管控平台 V7，持续优化冷量预测、中央空调运行调优、能耗异常识别等判别 式 AI 应用；同时，正式接入国产大语言模型，探索生成式 AI 在会 议室预订、停车位查询、节能建议等"一句话"智能交互中的创新 场景。 在营销方面，公司设立了"AI+物联网"开放实验室，联合深圳 大学、合肥工业大学等 9 家高校及 AI、机器人等创业团队共创 AI 应 ...

Core Insights - The stock of Dasin Intelligent increased by 0.29% on September 30, with a trading volume of 102 million yuan, indicating a slight positive market sentiment towards the company [1] - The company reported a net financing outflow of 4.58 million yuan on the same day, suggesting a cautious approach from investors [1] - As of June 30, 2025, Dasin Intelligent's revenue decreased by 26.8% year-on-year, and the net profit attributable to shareholders was negative, indicating financial challenges [2] Financing and Trading Activity - On September 30, Dasin Intelligent had a financing buy-in of 8.78 million yuan and a financing repayment of 13.36 million yuan, resulting in a net financing buy-in of -4.58 million yuan [1] - The total financing and securities balance for Dasin Intelligent reached 403 million yuan, with the financing balance accounting for 5.52% of the circulating market value, which is below the 30th percentile level over the past year [1] - The company had a high securities lending balance, with 414,500 shares available for lending and a total lending balance of 1.42 million yuan, exceeding the 50th percentile level over the past year [1] Company Overview - Dasin Intelligent, established on March 17, 1995, and listed on June 3, 2010, specializes in building intelligence and energy-saving services, as well as green building public engineering and industrial automation [2] - The company's revenue composition includes 79.25% from smart space overall solutions, 12.60% from smart space products and technical services, and 8.15% from smart space operation services and other businesses [2] - As of June 30, 2025, the number of shareholders decreased by 4.2% to 119,600, while the average circulating shares per person increased by 4.39% to 16,781 shares [2] Dividend and Shareholder Information - Dasin Intelligent has distributed a total of 540 million yuan in dividends since its A-share listing, with 180 million yuan distributed over the past three years [3] - Among the top ten circulating shareholders as of June 30, 2025, Southern CSI 1000 ETF holds 19.64 million shares, an increase of 3.76 million shares from the previous period [3] - Hong Kong Central Clearing Limited, the fourth-largest shareholder, reduced its holdings by 5.59 million shares, while other ETFs like Huaxia CSI 1000 ETF and GF CSI 1000 ETF increased their holdings [3]

Performance Forecasts - Yinglian Co., Ltd. expects a net profit growth of 1531.13% to 1672.97% year-on-year for the first three quarters [1] - Dalian Heavy Industry anticipates a net profit growth of 19.91% to 28.52% year-on-year for the first three quarters [1] Project Investments - Wharton Technology plans to invest in the enhancement of membrane materials and membrane components [1] - Jiufeng Energy intends to invest in a coal-to-natural gas project in Xinjiang [1] Contract Awards - Qiaoyin Co., Ltd. is pre-awarded a contract worth approximately 512 million yuan for integrated sanitation operations in Laishui County, Baoding City, Hebei Province [1] - Dash Smart signed a contract for a smart hospital project worth 113 million yuan [1] Equity Acquisitions - Conch New Materials plans to acquire 51% equity in North China Plastics [1] - Suochen Technology intends to acquire 60% equity in Likong Technology [1] - Jingye Intelligent plans to acquire 51% equity in Hefei Shengwen for 108 million yuan [1] - Landi Group plans to acquire 20.1667% equity in Jujia Technology for 121 million yuan [1] Share Buybacks - Hanshuo Technology plans to repurchase shares worth between 150 million yuan and 300 million yuan [2] - Youke De intends to spend between 8 million yuan and 10 million yuan on share buybacks [2] H-Shares - Jinghe Integrated Circuit has submitted an application for H-share issuance and listing on the Hong Kong Stock Exchange [2] - Lingyi Manufacturing is planning to issue H-shares and list on the Hong Kong Stock Exchange [2] - Changchun High-tech has submitted an application for the issuance of H-shares [2] Shareholding Changes - Senba Sensor's actual controller plans to reduce holdings by no more than 1.09% [3] - Erkang Pharmaceutical's controlling shareholder intends to reduce holdings by no more than 2.04% [3] - Andeli's BVI Donghua plans to reduce holdings by no more than 1.00% [3] - Zhiyang Innovation's controlling shareholder and its concerted actioner plan to reduce a total of no more than 4.225 million shares [3] - Xizi Clean Energy's chairman plans to increase holdings by 30 million to 50 million yuan [3] Other Activities - Luoxin Pharmaceutical plans to raise no more than 842 million yuan for innovative drug research and development projects [3] - Huaxin Xinchang has received project designation notification from Jiangqi Group [3] - Jinpu Garden plans to raise no more than 129 million yuan through a private placement to Nanjing Lisen [3]

Group 1 - Yinglian Co., Ltd. expects a net profit of 34.5 million to 37.5 million yuan for the first three quarters of 2025, representing a year-on-year increase of 1531% to 1673% [1] - China CNR Corporation signed major contracts totaling approximately 54.34 billion yuan, accounting for 22% of its expected revenue for 2024 [1] - Shengmei Shanghai reported a total order amount of 9.072 billion yuan, a year-on-year increase of 34.1% [2] Group 2 - Fulian Precision plans to increase capital in its subsidiary Jiangxi Shenghua with a total investment of 35.63 billion yuan, which is expected to constitute a major asset restructuring [3] - Aimeike has obtained a drug registration certificate for Minoxidil topical solution, which is used for treating male pattern baldness [4] - Guolin Technology is planning to acquire 91.07% of Kailianjie’s equity for cash, which is expected to constitute a major asset restructuring [5] Group 3 - Baicheng Co. plans to purchase 55% of Shanghai Canxi Engineering Equipment Co. and will suspend trading of its stock starting September 30, 2025 [6][7] - Diaowei is planning to acquire equity in Rongpai Semiconductor and has suspended trading of its stock [8] - Xiatun New Energy signed a strategic cooperation framework agreement with Zhongwei Co. to establish a long-term partnership in the supply chain for solid-state lithium battery materials [9] Group 4 - Lingyi Zhi Manufacturing is planning to issue H-shares and list on the Hong Kong Stock Exchange to enhance its international strategy [10] - Baicheng Pharmaceutical received clinical trial approval for its innovative drug BIOS-0623-Z4, which targets cancer pain treatment [11] - Weide Information announced a preliminary transfer price of 40.33 yuan per share, representing a 26% discount to its closing price [12] Group 5 - Huayou Cobalt's subsidiary signed contracts with LGES for the supply of 76,000 tons of ternary precursor materials and 88,000 tons of ternary cathode materials from 2026 to 2030 [13] - Hubei Energy signed a cooperation agreement with the Xiangyang Municipal Government to invest 26.7 billion yuan in clean energy projects [14]

Group 1: Private Equity Growth - The number of private equity firms with over 10 billion yuan in assets has increased to 94 as of September 29, up by 3 from the end of August [1] - Among these, 45 firms employ quantitative investment strategies, 41 use subjective strategies, and 7 utilize a mixed approach [1] Group 2: China CRRC Contracts - China CRRC has signed several major contracts totaling approximately 54.34 billion yuan, which accounts for about 22% of the company's projected revenue for 2024 [1] Group 3: Machinery Industry Growth Plan - The Ministry of Industry and Information Technology and five other departments aim for the machinery industry to achieve an average annual revenue growth rate of around 3.5% from 2025 to 2026, targeting a revenue surpassing 10 trillion yuan [2] - The plan emphasizes enhancing the resilience and safety of key industrial chains and supply chains, improving quality and efficiency, and fostering competitive small and medium-sized enterprises [2] Group 4: AI Model Releases - DeepSeek has uploaded a new model, DeepSeek-V3.2, to the HuggingFace community platform, which was later removed [3] - Zhiyuan is set to release its new model, GLM-4.6, which is currently accessible via API [3] Group 5: Corporate Changes - Sogou has undergone a leadership change with Yu Jun stepping down as chairman and Lu Jian taking over [5] - Wanda Real Estate has been ordered to execute a payment of over 20.99 million yuan [4] Group 6: Financial Updates - Longyun Co. plans to apply for a bank credit line of up to 32 million yuan [6] - Dongmu Co. has obtained a property certificate for its new industrial site in Shanghai [8] - Tianbang Foods has received an administrative regulatory decision from the China Securities Regulatory Commission for failing to disclose information regarding a significant stock buyback dispute [9] Group 7: Revenue Announcements - Shenhui Expressway reported a total toll revenue of 114 million yuan for August [10] - Huayin Technology signed two sales contracts totaling 402 million yuan [11] - Dash Smart signed a contract for a smart hospital project worth 113 million yuan [12] - Jiufeng Energy plans to invest up to 3.455 billion yuan in a coal-to-natural gas project in Xinjiang [13] - Yinglian Co. expects a significant increase in net profit for the first three quarters, projecting a year-on-year growth of 1531.13% to 1672.97% [14] Group 8: Stock Market Performance - The market showed strong performance with the ChiNext Index rising by 2.74%, driven by a surge in financial stocks [16] - The overall market saw over 3,500 stocks increase in value, with significant gains in sectors such as new energy and semiconductors [17]

Group 1 - Yinglian Co., Ltd. expects a net profit increase of 1531.13% to 1672.97% year-on-year for the first three quarters of 2025, with projected revenue of 1.63 billion to 1.65 billion yuan, a growth of 9.49% to 10.83% [1] - Meixin Sheng plans to reduce its shareholding by no more than 1% through centralized bidding and block trading [1] - Huayin Technology signed two sales contracts totaling 402 million yuan, with one contract for special functional materials and another for research project materials [3] Group 2 - Shen Highways reported a total toll revenue of 114 million yuan for August [5] - Dash Smart signed a contract worth 113 million yuan for a smart hospital project [7] - Tianbang Food received an administrative regulatory measure decision from the China Securities Regulatory Commission for failing to disclose information in a timely manner [8] Group 3 - Fashilong plans to invest 250 million yuan to establish a wholly-owned subsidiary focused on AI applications and cloud computing [10] - Junpu Intelligent received a government subsidy of 20 million yuan, accounting for 243.97% of its audited net profit for 2024 [11] - Longyun Co. plans to apply for a bank credit limit of 32 million yuan [12] Group 4 - Yifan Pharmaceutical's subsidiary received acceptance for a drug registration application for a medication used to lower phenylalanine levels in patients [12] - Rundu Co. received a drug registration certificate for a hypertension medication [13] - Huahai Qingke elected a new employee director and appointed a new vice president [17] Group 5 - Wanyi Technology received a government subsidy of 173,000 yuan [19] - Haizheng Pharmaceutical's tacrolimus capsules passed the consistency evaluation for generic drugs [20] - Pulaike's new veterinary vaccine received registration certification [22] Group 6 - Boguang New Materials signed a major sales contract estimated at 4.3 billion to 5 billion yuan for nickel powder products [41] - Electric Soul Network announced plans for shareholders to reduce their holdings by up to 1.63% [42] - Jin Haitong's shareholders plan to reduce their holdings by up to 3% [44]

Core Viewpoint - Dashij Smart announced the establishment of Qiyun Health, which focuses on providing health data and AI services through advanced multimodal data capabilities and self-developed large model technology [1] Group 1: Company Overview - Qiyun Health originated from Dashij Smart's smart medical division and aims to create an intelligent health service system covering health risk assessment, personalized intervention, and comprehensive management [1] - The company has launched the first regional proactive health intelligent system in Bao'an District, Shenzhen, integrating local health data and utilizing AI large model technology [1] Group 2: Service Offering - Qiyun Health's primary service platform is the "Health Bao'an" mini-program, which targets approximately 5.8 million residents in the Bao'an District to provide personalized health management services [1]

Core Insights - Dashi Intelligent announced the establishment of an open laboratory in collaboration with several universities and partners, focusing on smart space technology development and application [1] Group 1: Company Initiatives - The company is leveraging its leading digital scenarios and comprehensive park operation data from Dashi Building to support the open laboratory [1] - The open laboratory is guided by the Shenzhen Science and Technology Association and Nanshan District Science and Technology Association [1] - The first batch of co-building units includes nine organizations, such as Hefei University of Technology, Shenzhen University, Nankai University, and several tech companies [1] Group 2: Collaboration and Resources - The company provides the venue, AIoT IoT platform, terminal devices, and operational data support for the laboratory [1] - Partner organizations are responsible for providing research teams and hardware/software resources [1] - The collaboration aims to promote research, testing, and application of smart space technology [1]

Core Viewpoint - Dashi Intelligent announced on September 29 that by the first half of 2025, the company expects to see a continuous upgrade of its AIoT IoT platform, leading to increased recognition from leading enterprises in finance, technology, and high-end manufacturing [1] Revenue Breakdown - In the first half of 2025, after excluding financing leasing and rental income, the revenue breakdown is projected as follows: 48% from enterprise parks, 39% from hospitals, and 13% from rail transit and data centers [1]