登录新浪财经APP 搜索【信披】查看更多考评等级 调研基本情况 2025年12月23日，江苏神通阀门股份有限公司（以下简称"公司"）在公司会议室举办机构投资者电话调 研会议。本次调研由信达证券组织，公司副总裁兼董秘章其强先生主持会议并与投资者交流，会议记录 由张健负责，共有9家机构投资者参与。会上，章其强首先对参与机构表示感谢，介绍了公司基本情 况、发展战略规划及近期工作进展，并强调了遵守承诺函及信息披露规定的重要性。 核心问题与回应 核电阀门交付与收入确认周期 针对核电阀门从招标到订单交付的节奏，公司介绍，订单生效后，将按流程进行合同执行的合理排产， 待排产计划经业主审核通过并发出生产指令后方可启动生产。"一般在接单后的第二、第三年陆续分批 交货，"公司表示，核电阀门业务收入按实际交货进度分批次确认，每个订单的收入确认周期通常为2-3 年。 备件更换需求支撑市场增长 作为我国核电阀门设备核心供应商之一，公司表示始终紧跟国家核能技术发展步伐，"积极投入研发资 源，开展面向核聚变科学装置等先进核能应用场景的特种阀门研制，持续助力我国核能技术进步与产业 化进程。" 新建产能2026年初起逐步释放 关于新建产能释放 ...

每经AI快讯，江苏神通（SZ 002438，收盘价：15.57元）发布公告称，2025年12月23日，江苏神通接受 信达证券等投资者调研，公司副总裁、董事会秘书章其强先生，投资者关系经理张健先生参与接待，并 回答了投资者提出的问题。 每经头条（nbdtoutiao）——左手"欠款"右手"豪购"！杨陵江收购"国内酒庄第一股"，1919是否重启上 市？"吹太多牛都实现了，但千亿还没实现，我很着急" （记者 曾健辉） 2025年1至6月份，江苏神通的营业收入构成为：核电行业占比38.37%，节能环保行业占比18.78%，冶 金行业占比18.45%，能源装备行业占比17.05%，其他业务占比7.35%。 截至发稿，江苏神通市值为79亿元。 ...

Group 1: Company Overview and Strategy - The meeting was hosted by the Vice President and Secretary of the Board, who expressed gratitude to participating institutional investors and provided an overview of the company's basic situation, development strategy, and recent progress [2] - The company emphasizes compliance with commitment letters and regulations regarding information disclosure for listed companies [2] Group 2: Nuclear Valve Business Operations - The delivery schedule for nuclear valve orders typically involves staggered deliveries over the second and third years after order confirmation, with revenue recognition occurring in phases based on actual delivery progress [3] - Although nuclear valves have a design lifespan of up to 60 years, components may require replacement due to harsh operating conditions, necessitating preventive maintenance and periodic replacements [4] - The company primarily exports nuclear valves through indirect channels, partnering with large domestic enterprises that have overseas engineering contracting qualifications [5][6] Group 3: Market Expansion and Product Development - The company has made significant progress in expanding its export market access and certification scope, laying a solid foundation for obtaining foreign trade orders [7] - The company aims to increase the value of its products in each nuclear unit to over 100 million yuan, with growth expected from expanding product lines and the spare parts market [9] - The company is actively investing in R&D for special valves aimed at advanced nuclear applications, including nuclear fusion power generation [10] Group 4: Production Capacity and Future Outlook - New production capacity projects are currently in the equipment installation phase, with substantial capacity expected to be gradually released starting in early 2026 [11] - The company is experiencing a growing demand for spare parts as the number of operational nuclear units increases, contributing to a stable and sustainable revenue growth source [8] Group 5: Meeting Conclusion - The investor call lasted from 15:00 to 16:00 on December 23, 2025, and there were no significant undisclosed information leaks during the meeting [12]

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：2025-024 | | □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（电话调研） | | | 参与单位名称及 | | 信达证券、中信建投证券自营、中信资管、六妙星私募、诺安基 | | 人员姓名 | 金、申万菱信基金 | | | 时间 | 2025 年 12 月 23 日 | | | 地点 | 公司会议室 | | | 上市公司接待人 | 副总裁、董事会秘书：章其强先生 | | | 员姓名 | 投资者关系经理：张健先生 | | | 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 12 月 | 23 日投资者调研会议记录 | | 日期 | 2025 年 12 月 23 日 | | ...

Company Overview - Jiangsu Shentong Valve Co., Ltd. is located at No. 8, Shengtong Road, Qidong City, Jiangsu Province, established on January 4, 2001, and listed on June 23, 2010. The company specializes in the research, production, and sales of industrial special valves [1][2]. Financial Performance - As of November 30, 2025, Jiangsu Shentong achieved operating revenue of 1.638 billion yuan, representing 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]. Stock Performance - On December 24, Jiangsu Shentong's stock price increased by 2.03%, reaching 15.60 yuan per share, with a trading volume of 113 million yuan and a turnover rate of 1.57%. The total market capitalization is 7.918 billion yuan [1]. - Year-to-date, the stock price has risen by 29.73%, with a 2.23% increase over the last five trading days, 15.64% over the last 20 days, and 17.56% over the last 60 days [1]. Shareholder Information - As of November 30, 2025, the number of shareholders is 27,200, a decrease of 1.79% from the previous period. The average circulating shares per person increased by 1.82% to 17,250 shares [2]. - As of September 30, 2025, Hong Kong Central Clearing Limited is the third-largest circulating shareholder, holding 10.4045 million shares, an increase of 6.5399 million shares from the previous period [3]. Business Segmentation - The main business revenue composition includes: butterfly valves (23.83%), flanges and forgings (23.09%), energy-saving services (18.78%), non-standard valves (9.66%), and others (7.35%), with ball valves (6.94%), blind plates (4.84%), pit filters (3.79%), and gate valves (1.72%) [1]. Industry Classification - Jiangsu Shentong is classified under the Shenwan industry category of machinery equipment - general equipment - metal products. The company is associated with sectors including gas turbines, nuclear fusion, aerospace military industry, machinery, and semiconductor equipment [1].

格隆汇12月23日丨中国东方集团(00581.HK)发布公告，2025年12月23日，公司附属公司津西重工于深交 所进行场内交易，按每股约人民币15.27元(相当于每股约16.91港元)的平均价格，收购江苏神通 (002438.SZ)12.55万股股份(占本公告日期江苏神通已发行股份约0.02%)，总代价约为人民币192万元(相 当于约212万港元)。收购事项的总代价将以现金支付，并由集团内部资源全数拨付。紧接收购事项后， 集团持有总共912.9万股江苏神通股份(占本公告日期江苏神通已发行股份约1.80%)。 ...

中国东方集团(00581)公布，于2025年12月23日，公司附属公司津西重工于深圳证券交易所进行场内交 易，按每股约人民币15.27元(相当于每股约16.91港元)的平均价格，收购江苏神通（002438）12.55万股 股份(占本公告日期江苏神通已发行股份约0.02%)，总代价约为人民币192万元(相当于约212万港元)。收 购事项的总代价将以现金支付，并由集团内部资源全数拨付。 ...

编号：2025-023 | | □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 | 赢仕投资、国科龙晖、蜂投基金、疆亘资本、九一私募、光大证 | | 人员姓名 | 券 | | 时间 | 2025 年 12 月 19 日 | | 地点 | 公司会议室 | | 上市公司接待人 | 副总裁、董事会秘书：章其强先生 | | 员姓名 | 证券事务代表：陈鸣迪女士 | | 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 12 月 19 日投资者调研会议记录 | | 日期 | 2025 年 12 月 19 日 | 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 ...

Group 1: Company Overview and Market Position - The company has established significant product competitiveness and brand influence in the nuclear power sector, with over 150,000 nuclear valves in operation and a market share exceeding 90% for core products like nuclear butterfly and ball valves [3] - The nuclear valve industry is expected to maintain a regulated, orderly, and high-quality competitive ecosystem due to the normalization of new project approvals and the deepening of key equipment localization strategies [3] Group 2: Product Lifecycle and Maintenance - Although nuclear valves have a design lifespan of up to 60 years, regular maintenance and preventive replacement of key components are necessary due to harsh operational conditions [4] - The nuclear valve parts market is becoming a stable and sustainable source of revenue for the company, driven by the increasing demand for spare parts as the number of operational nuclear units grows [6] Group 3: Export and Development - The company primarily exports nuclear valve products through indirect export channels, partnering with large domestic enterprises that have overseas project contracting qualifications [5] - The company is actively developing a full range of high-quality products, including nuclear butterfly valves, ball valves, and specialized valves for advanced nuclear applications, while investing in cutting-edge technology research [7][8] Group 4: Meeting Details - The investor meeting took place on December 19, 2025, from 16:00 to 17:30, with 10 attendees present [2][9] - There were no significant undisclosed information leaks during the investor meeting [9]

中国东方集团(00581)发布公告，于2025年12月22日，本公司附属公司津西重工于深圳证券交易所进行 场内交易，按每股约人民币15.46元(相当于每股约17.10港元)的平均价格，收购江苏神通（002438）200 万股股份(占本公告日期江苏神通已发行股份约0.39%)，总代价约为人民币3091万元(相当于约3420万港 元)。收购事项的总代价将以现金支付，并由本集团内部资源全数拨付。 兹提述本公司日期为2025年12月2日、2025年12月9日及2025年12月11日有关本集团先前收购江苏神通股 份的公告。紧接收购事项前，本集团合共持有700.35万股江苏神通股份(占本公告日期江苏神通已发行 股份约1.38%)。紧接收购事项后，本集团持有总共900.35万股江苏神通股份(占本公告日期江苏神通已发 行股份约1.77%)。 江苏神通为本集团的阀门供应商及设备维护服务提供商。除向钢铁制造商供应冶金阀门外，江苏神通已 开发一套应用5G物联网技术的阀门信息化管理系统，以记录每个阀门的详细生命周期和维护数据。该 系统有助于包括本集团在内的钢铁制造商优化维护计划，并减少不必要的库存水平。江苏神通亦已成功 为本集团营运 ...