Core Viewpoint - Jiangsu Shentong's stock price has shown a mixed performance, with a year-to-date increase of 16.01% and a recent decline over the past 20 days, indicating potential volatility in the market [1][2]. Company Overview - Jiangsu Shentong Valve Co., Ltd. was established on January 4, 2001, and went public on June 23, 2010. The company specializes in the research, production, and sales of industrial special valves [1]. - The company's main revenue sources include butterfly valves (23.83%), flanges and forgings (23.09%), energy-saving services (18.78%), non-standard valves (9.66%), and other products [1]. Financial Performance - For the period from January to September 2025, Jiangsu Shentong reported a revenue of 1.638 billion yuan, reflecting a year-on-year growth of 0.22%. The net profit attributable to shareholders was 234 million yuan, with a year-on-year increase of 2.86% [2]. - The company has distributed a total of 369 million yuan in dividends since its A-share listing, with 195 million yuan distributed over the past three years [3]. Shareholder Information - As of November 20, 2025, the number of shareholders for Jiangsu Shentong was 27,700, a decrease of 4.05% from the previous period. The average circulating shares per person increased by 4.22% to 16,942 shares [2]. - The third-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 10.4045 million shares, which increased by 6.5399 million shares compared to the previous period [3].

证券日报网讯12月1日，江苏神通（002438）在互动平台回答投资者提问时表示，截至2025年11月20 日，公司的股东人数为27675户。 ...

11月24日，江苏神通大宗交易成交120万股，成交额1629.6万元，占当日总成交额的9.54%，成交价 13.58元，较市场收盘价13.6元折价0.15%。 | 权益类证券大宗交易(协议交易) | | | | | | | 团 下载 | | --- | --- | --- | --- | --- | --- | --- | --- | | 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 | 买方营业部 | 卖方营业部 | | | | | (元) | (万股/万份) | (万元) | | | | 2025-11-24 | 002438 | 江苏神通 | 13.58 | 120.00 | | 1,629. 审万宏源证券有限 | 国泰海通证券股份 | | | | | | | | 公司上海金山区家 | 有限公司深圳滨河 | | | | | | | | 山路近旁营业部 | 大道证券营业部 | ...

Core Viewpoint - Jiangsu Shentong (002438) has solidified its market position as a leading supplier of critical nuclear-grade valves and has made significant advancements in product innovation and technology [1] Company Developments - The company has launched new products to expand its market share through continuous research and development [1] - The total order value for various valves provided for a single nuclear power unit has exceeded 80 million RMB [1] - The wholly-owned subsidiary Wuxi Flange has secured orders for nuclear forgings exceeding 20 million RMB for a single nuclear power unit [1] Future Outlook - The company plans to increase R&D investment to meet the growing demand for valves and flanges in domestic nuclear power construction [1] - The company aims to contribute more significantly to national energy development [1]

Core Viewpoint - Jiangsu Shentong (002438) is focusing on expanding its export scale and pursuing internationalization as a key strategy for enhancing company growth and technological advancement [1] Group 1: Internationalization Strategy - The company has established an international trade department and formed a professional team to support its international business expansion [1] - The company is actively engaging in external licensing and certification processes, which are progressing as planned [1] - Market channel development for international business is being carried out in an orderly manner [1] Group 2: Focus Areas for Export Business - Future export efforts will concentrate on core sectors such as petroleum refining and oil and gas extraction [1] - The aim is to achieve long-term development goals through these focused export initiatives [1]

证券日报网讯江苏神通（002438）11月24日发布公告，在公司回答调研者提问时表示，在公司的核电阀 门业务中产品出口目前主要采用间接出口的方式，即通过国内大型工程总包方将相关产品出口至海外市 场。 ...

Core Viewpoint - The company emphasizes the importance of competition in driving innovation and progress within the market economy, highlighting its strong market competitiveness and brand influence in the nuclear power sector [1] Company Summary - Jiangsu Shentong (002438) announced on November 24 that it has developed a strong market position in the nuclear power valve industry, with over 150,000 nuclear valves online and a market share exceeding 90% for its main products, including nuclear butterfly valves and ball valves [1] Industry Summary - The nuclear valve industry is expected to maintain a healthy and orderly competitive state due to the normalization of new project approvals and the advancement of domestic key equipment manufacturing [1]

Core Viewpoint - As of November 21, a total of 91 stocks in the Shanghai and Shenzhen markets have experienced net financing inflows for five consecutive days or more, indicating strong investor interest in these stocks [1] Group 1: Stocks with Notable Financing Inflows - The stock with the longest consecutive net inflow is Yinlong Co., which has seen net buying for 11 consecutive trading days [1] - Other stocks with significant consecutive net inflows include Huadian International, Jiangsu Shentong, Tubao, Dadi Media, Gaohua Technology, Aide Biology, Aerospace Changfeng, and Shanghai Pharmaceuticals [1]

Group 1: Investor Relations Activity - The investor relations activity involved a site visit by institutional investors to discuss the company's production operations, future development plans, and strategies [2]. Group 2: Event Details - The event took place on November 21, 2025, in the company meeting room [2]. - The meeting was attended by representatives from Citi [2]. - The company was represented by Vice President Mr. Zhang Qiqiang [2].

Company Overview - The company is a leading supplier of critical nuclear-grade valves and has made significant progress in product innovation and technology advancement [3] - The company has a market share exceeding 90% for its main products, including nuclear-grade butterfly and ball valves, with 150,000 valves currently online [5] Financial Performance - The total order value for various valves provided to a single nuclear power unit exceeds 80 million RMB, while the order value for nuclear forgings from its subsidiary Wuxi Flange exceeds 20 million RMB [3] Market Competition - The company has established strong market competitiveness and brand influence in the nuclear sector, characterized by complementary and healthy competition with peers [4] - The nuclear valve industry is expected to maintain a healthy competitive state due to the normalization of new project approvals and the promotion of domestic equipment manufacturing [4] Production and Delivery - Orders are typically delivered in batches over a period of 2-3 years after the order is confirmed and production plans are approved [6] - Nuclear valves are designed for a lifespan of 60 years, but preventive maintenance is necessary due to environmental factors [7] Export and International Expansion - The company primarily exports its nuclear valves indirectly through large domestic engineering contractors [8] - The establishment of an international trade department and a professional team is underway to expand export opportunities, focusing on core areas such as oil refining and gas extraction [9] Compliance and Transparency - The investor survey confirmed that there were no significant undisclosed information leaks during the meeting [11]