Financial Performance - The company's operating revenue for 2024 reached ¥2,143,223,834.89, representing a 0.48% increase compared to ¥2,133,035,602.25 in 2023[6]. - Net profit attributable to shareholders for 2024 was ¥294,881,740.83, a 9.68% increase from ¥268,866,553.16 in 2023[6]. - The net cash flow from operating activities significantly increased by 114.70% to ¥397,801,144.44 in 2024, compared to ¥185,285,067.25 in 2023[6]. - The company's total assets at the end of 2024 were ¥6,081,865,717.78, reflecting a 4.04% increase from ¥5,845,909,153.64 at the end of 2023[6]. - The net assets attributable to shareholders increased by 7.20% to ¥3,513,514,355.60 at the end of 2024, up from ¥3,277,675,210.21 at the end of 2023[6]. - The company reported a total of ¥19,265,172.39 in non-recurring gains for 2024, down from ¥25,055,914.53 in 2023[24]. - Basic earnings per share for 2024 were ¥0.5810, a 9.68% increase from ¥0.5297 in 2023[6]. - The total revenue for 2024 reached ¥2,143,223,834.89, representing a slight increase of 0.48% compared to ¥2,133,035,602.25 in 2023[70]. Dividend Distribution - The company plans to distribute a cash dividend of 1.75 RMB per 10 shares to all shareholders, based on a total of 507,537,461 shares[4]. - The company plans to distribute a cash dividend of RMB 1.6 per 10 shares, totaling approximately RMB 81.21 million to shareholders[49]. Market Opportunities - The nuclear energy sector is expected to see a 10% share in China's power structure by 2035, with increasing demand for nuclear valve maintenance and services[28]. - The energy and petrochemical sector remains a significant market for the company, with substantial growth potential in oil and gas industries[29]. - The LNG market shows promising growth potential as natural gas is a key component of the national environmental strategy for emission reduction[30]. - By 2025, China aims to become the world's largest and most comprehensive energy and chemical industry system, presenting more opportunities for the valve industry[31]. - The company is focusing on expanding its market presence in nuclear power, hydrogen energy, and LNG sectors, with significant investments in specialized valves and key equipment[149]. Product Development and Innovation - The company has developed new products such as ultra-low temperature valves and hydrogen-specific valves, enhancing its competitiveness in the energy and petrochemical sectors[30]. - The company has successfully developed a new generation of C-type ball valves, significantly enhancing their resistance to wear and abrasion, addressing issues such as jamming and clogging during operation[52]. - The company has launched a new four-eccentric metal-sealed butterfly valve, which has received positive feedback from customers due to its improved sealing performance and reduced operating torque[53]. - The company has achieved batch supply of self-regulating micro-pressure control valves, which are now being used in gas turbine systems, marking a successful domestic replacement[54]. - The company has developed a specialized alloy steel material for seawater valves, achieving a market share of over 80% for large-diameter seawater butterfly valves[55]. - The company has made significant breakthroughs in hydrogen energy research, developing a full range of precision valves for hydrogen stations and related equipment, with batch applications already in place[56]. - The company is focusing on expanding its product offerings in the coal chemical industry, particularly with the development of wear-resistant V-type regulating valves[85]. - The company aims to enhance its competitive edge in the market by introducing innovative products such as the third-generation micro-torque ball valve, which is designed to lower production costs[86]. Research and Development - The company has a strong R&D team of over 200 professionals with extensive experience in valve design[67]. - Research and development investments have been focused on multiple projects, including the successful completion of the nuclear chemical instrument ball valve industrialization development, which aims to expand the market for small-diameter ball valves[85]. - R&D investment increased by 6.81% to ¥100,962,246.99, representing 4.71% of operating revenue, up from 4.43%[87]. - The company is investing 100 million RMB in R&D for new technologies aimed at enhancing product efficiency[5]. Strategic Initiatives - The company is actively expanding its nuclear valve business and has received licenses for the design and manufacturing of nuclear-grade valves[44]. - The company is leveraging 5G IoT technology to enhance valve lifecycle services in the steel industry, improving operational efficiency[46]. - The company aims to enhance its production efficiency and core competitiveness through smart manufacturing and integration of information technology[49]. - The company is pursuing mergers and acquisitions in related industries to strengthen its technical capabilities and expand its business scale[8]. - The company is exploring potential mergers and acquisitions to enhance its competitive position in the market[157]. Risk Management - The company acknowledges various risks including technology and quality risks, industry policy risks, and market expansion risks, which may impact future performance[4]. - The company emphasizes that its future operational plans are forward-looking statements and are subject to market conditions and management efforts, indicating significant uncertainty[4]. - The company emphasizes long-term partnerships with clients through technical exchanges and collaborative research, ensuring high-quality service and product standards[42]. Investor Relations - The company engaged in multiple investor communications, including a phone call on March 14, 2024, discussing production operations and future strategic planning with institutions such as Anxin Fund and GF Securities[155]. - The company held multiple investor meetings from September 11 to November 12, 2024, to discuss operational performance and future strategies[158]. - The company is committed to transparency and has provided detailed insights into its operational performance during investor meetings held in March, April, and May 2024[155]. Governance and Compliance - The company has established a governance structure in compliance with relevant laws and regulations, enhancing operational standards and internal controls[162]. - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with legal requirements[166]. - The company has implemented strict information disclosure practices, ensuring timely and accurate reporting through designated media outlets[169].

江苏神通（002438）公告，2024年营业收入21.43亿元，同比增长0.48%。归属于上市公司股东的净利润 2.95亿元，同比增长9.68%。向全体股东每10股派发现金红利1.75元(含税)，送红股0股(含税)，不以公积 金转增股本。 ...

持有江苏神通阀门股份有限公司（以下简称"公司"）股份 3,507.1863 万股（约 占公司总股本比例为 6.91%）的股东湖州风林火山股权投资合伙企业（有限合伙） （以下简称"风林火山"）计划自本公告披露之日起 15 个交易日后的三个月内（即 2025 年 4 月 7 日—2025 年 7 月 6 日）以集中竞价方式或大宗交易方式减持公司股份不 超过 1,522.6124 万股（约占公司总股本比例为 3%）,其中通过集中竞价交易方式减持 公司股份不超过 507.5375 万股（约占公司总股本比例为 1%），通过大宗交易方式减 持公司股份不超过 1,015.0749 万股（约占公司总股本比例为 2%）。 公司于近日收到持股 5%以上股东风林火山出具的《关于股份减持计划的告知函》， 现将有关内容公告如下： 一、股东的基本情况 （一）股东名称：湖州风林火山股权投资合伙企业（有限合伙） （二）股东持股情况：截至本公告披露日，风林火山持有公司股份为 3,507.1863 万股，约占公司总股本比例为 6.91%。 二、本次减持计划的主要内容 （一）本次拟减持的原因：股东自身财务安排。 证券代码：002438 证券简称： ...

江苏神通现场会议 调研活动记录 会议地点：公司会议室 一、会议开始 本次机构投资者调研由公司副总裁兼董秘章其强先生主持，首先向到公司现 场参加调研活动的研究员表示欢迎，同时强调了关于遵守承诺函的约定和上市公 司信息披露的有关规定。其次，章其强先生向投资者介绍了公司基本情况、公司 发展战略规划及近期主要工作的进展情况。 二、沟通交流 答：去年批复建设的核电机组所需的阀门装备招标工作陆续进行中，该批核电机 组中已经签订的阀门订单预计在 2026 年、2027 年期间开始陆续交付。 问：当前核电阀门领域的国产化的空间大吗？ 答：据行业协会统计，我国核电阀门国产化率已达 85%-90%，这体现了我国阀门 装备制造业在核电领域的进步和具备全球市场竞争力。公司正积极把握市场机遇， 通过技术创新和市场拓展，提升核电阀门市场占有率，以实现更高层次的国产替 代和市场扩张，为在未来我国乃至全球核电建设过程中发挥更大作用。 问：核电阀门市场的竞争态势怎么样？ 答：核电阀门品类众多，目前公司主要供应核级蝶阀、核级球阀、地坑过滤器、 核级仪表阀、隔膜阀、仪表阀、调节阀及气动膜片等产品，同时公司也在积极拓 展新产品，市场上同行企业间主要 ...

Group 1: Investor Relations Activity - The investor relations activity involved a site visit by institutional investors, including E Fund and Huajin Securities [1] - The meeting took place on March 10, 2025, at the company's headquarters [1] - The company representatives included Vice President Mr. Zhang Qiqiang and Securities Affairs Representative Mr. Chen Mingdi [1] Group 2: Discussion Topics - The main discussion focused on the company's production and operational status, future development plans, and strategic direction [1] - The meeting served as a platform for communication between the company and institutional investors regarding its business outlook [1]

证券代码：002438 证券简称：江苏神通 公告编号：2025-009 近日，神通核能已完成工商变更登记手续，并取得了启东市数据局换发的《营 业执照》，神通核能的注册资本由人民币 30,000 万元变更为 31,555.136436 万元， 其他登记事项未发生变更，登记的相关信息如下： 1、名称：江苏神通核能装备有限公司 5、注册资本：31,555.136436 万元 江苏神通阀门股份有限公司 关于向全资子公司增加注册资本暨完成工商变更登记的公告 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、概述 江苏神通阀门股份有限公司（以下简称"公司")以不动产对全资子公司江苏 神通核能装备有限公司（以下简称"神通核能"）增资 15,551,364.36 元（以下简 称"本次增资"）。本次增资完成后，神通核能注册资本由 30,000 万元人民币增加 至 31,555.136436 万元人民币，公司仍持有神通核能 100%股份。 本次增资事项不属于关联交易，亦未构成重大资产重组。根据《深圳证券交 易所股票上市规则》《公司章程》的相关规定，本次增资事项无需提交董事会、股 ...

证券代码：002438 证券简称：江苏神通 江苏神通阀门股份有限公司投资者关系活动记录表 编号：2025-002 | | □特定对象调研 | □分析师会议 | | --- | --- | --- | | | □媒体采访 | □业绩说明会 | | 投资者关系活动 | □新闻发布会 | □√路演活动 | | 类别 | □现场参观 | | | | □其他（电话调研） | | | 参与单位名称及 | 国海证券、浦银安盛基金、财通资管 | | | 人员姓名 | | | | 时间 | 2025 年 2 月 26 日 | | | 地点 | 浦东香格里拉大酒店 | | | 上市公司接待人 | 副总裁：章其强先生 | | | 员姓名 | | | | 投资者关系活动 | | 机构投资者就公司生产经营情况、未来发展规划和战略等进行沟 | | 主要内容介绍 | 通交流。 | | | 附件清单（如有） 具体内容详见附件：2025 | 年 | 2 月 26 日投资者调研会议记录 | | 日期 | 2025 年 2 月 26 日 | | ...

会议地点：浦东香格里拉大酒店 会议时间：2025 年 2 月 26 日 会议主持：章其强 会议记录：章其强 出席人数：4 名 一、会议开始 本次路演活动由国海证券组织，公司副总裁兼董秘章其强先生应约参加路演 活动，首先向参加此次路演活动的机构投资者表示感谢，向投资者介绍了公司基 本情况、公司发展战略规划及近期主要工作的进展情况，同时强调了关于遵守承 诺函的约定和上市公司信息披露的有关规定。 江苏神通机现场会议 路演活动会谈纪要 二、沟通交流 问：2024 年批复的新核电机组，预计将在何时开启交付进程？ 答：去年批复建设的核电机组所需阀门装备的招标工作正在进行，这批已签订的 核电阀门订单预计将在 2026 年至 2027 年期间陆续交付。 问：公司是否已针对第四代核电机组阀门产品完成相应的技术筹备？同时，公 司预计第四代核电机组的单机收入是否会超越第三代机组？ 答：公司始终专注于核能应用领域的核级阀门研发与生产。目前，公司所研发生 产的阀门产品已完全符合第三代及第四代核电技术的标准要求，能够充分满足相 应供应需求。随着公司在核能应用领域阀门产品种类的日益丰富，预计公司在核 级阀门市场的占有率以及获取订单的能力将 ...

Group 1: Company Overview and Strategy - The meeting was hosted by the Vice President and Secretary of the Board, emphasizing compliance with disclosure regulations and introducing the company's basic situation and strategic planning [2]. - Jiangsu Shentong focuses on the research and manufacturing of special high-pressure valves for hydrogen fuel cells, hydrogen storage systems, and hydrogen refueling stations, with a product line covering high-pressure hydrogen valves from 35 to 105 MPa [3]. Group 2: Market Position and Competition - The domestic nuclear valve localization rate has reached 85%-90%, indicating significant progress in China's valve manufacturing industry and its global competitiveness [5]. - The company supplies various nuclear valves, including nuclear-grade butterfly valves and ball valves, and is actively expanding its product range amidst a complementary competitive landscape [7]. Group 3: Future Projections and Orders - The valve orders for nuclear power units approved in 2024 are expected to begin delivery in 2026 and 2027 [8]. - In 2024, the proportion of nuclear-grade flanges and forged products in the Wuxi Flange subsidiary's orders has exceeded 50% due to the increasing number of newly approved nuclear power units [9]. Group 4: Marine Valve Development - The company is enhancing its marine valve production capabilities by leveraging the geographical advantages of the Nantong shipbuilding base and participating in various marine engineering projects [10]. Group 5: Meeting Summary - The investor meeting lasted approximately two hours and concluded without any significant undisclosed information leaks [11].

证券代码：002438 证券简称：江苏神通 江苏神通阀门股份有限公司投资者关系活动记录表 编号：2025-001 | | □特定对象调研 | □分析师会议 | | --- | --- | --- | | | □媒体采访 | □业绩说明会 | | 投资者关系活动 | □新闻发布会 | □路演活动 | | 类别 | □√现场参观 | | | | □其他（电话调研） | | | 参与单位名称及 | 东北证券、开源证券 | | | 人员姓名 | | | | 时间 2025 | 年 2 月 21 日 | | | 地点 | 公司总部 1106 会议室 | | | 上市公司接待人 | 副总裁：章其强先生 | | | 员姓名 | 证券事务代表：陈鸣迪 | | | 投资者关系活动 | | 机构投资者就公司生产经营情况、未来发展规划和战略等进行沟 | | 主要内容介绍 | 通交流。 | | | 附件清单（如有） 具体内容详见附件：2025 | 年 | 2 月 21 日投资者调研会议记录 | | 日期 2025 | 年 2 月 21 日 | | ...