Company Overview - Baoxin Technology was founded in 2001, restructured into a joint-stock company in 2007, and listed on the SME board in 2010 [3] - The company specializes in CNC sheet metal technology, producing precision metal structural components for industries such as power, communication, finance, medical, and new energy equipment [3] - Since 2012, the company has transitioned into the energy-saving and environmental protection industry, acquiring Nanjing Youzhi Technology and Shanghai Apani, and is currently acquiring Jiechi Technology [3] Subsidiaries and Acquisitions Youzhi Technology - Focuses on gas flow measurement, with strong R&D capabilities and multiple patents [3] - Specializes in matrix gas flow measurement technology, solving issues in dusty and slurry environments, and providing solutions for power industry applications [3] Shanghai Apani - High-power, energy-efficient, and environmentally friendly high-voltage electrode boilers [3] - Utilizes off-peak electricity and heat storage technology for centralized heating, offering significant economic benefits [3] Jiechi Technology (Proposed Acquisition) - Specializes in PCB etching liquid recycling systems, reducing waste and environmental risks [3] - Owns core technologies such as PCB copper-containing waste liquid treatment and resource recovery [3] - Has a stable customer base in the PCB industry, with potential for expansion into industries like printing and dyeing, and chemicals [4] Market and Technology Insights - Jiechi Technology's BOO contracts typically last 5-10 years, with no instances of customers building their own recycling systems [4] - Alkaline etching liquid accounts for 30% of the market, while acidic etching liquid accounts for 70%, with similar copper content in both [4] - Apani's market advantage lies in using off-peak electricity for heating, which is more cost-effective compared to gas boilers [4] Challenges and Solutions - Delays in Apani's projects were due to unclear government policies on external power supply, but local governments are now addressing these issues [4] - Baoxin Technology, Youzhi Technology, and Jiechi Technology have synergies in the environmental protection industry, with Baoxin providing manufacturing support for various environmental equipment [4]

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苏州宝馨科技实业股份有限公司 投资者关系活动记录表 证券代码：002514 证券简称：宝馨科技 苏州宝馨科技实业股份有限公司 投资者关系活动记录表 编号：2016003 | --- | --- | --- | |--------------------------|-------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | ■ 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 活动类别 | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ 其他 | | | 参与单位名称及 人员姓 ...

苏州宝馨科技实业股份有限公司 投资者关系活动记录表 1 证券代码：002514 证券简称：宝馨科技 苏州宝馨科技实业股份有限公司 编号：2016004 | --- | --- | --- | |-----------------------------|-----------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

苏州宝馨科技实业股份有限公司 投资者关系活动记录表 证券代码：002514 证券简称：宝馨科技 苏州宝馨科技实业股份有限公司 投资者关系活动记录表 编号：2018001 | --- | --- | --- | |-----------------------------|--------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

苏州宝馨科技实业股份有限公司 投资者关系活动记录表 证券代码：002514 证券简称：宝馨科技 苏州宝馨科技实业股份有限公司 投资者关系活动记录表 编号：2018002 | --- | --- | |-----------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | 特定对象调研 □ 分析师会议 | | | □ 业绩说明会 | | 投资者关系 活动类别 | 新闻发布会 □ 路演活动 | | | | | | | | 参与单位名称及 人员姓名 | 安信证券：王书伟、邵琳琳、周喆 华安基金：刘畅畅 建信基金：于振家 熙玥投资：陈岚静 中信建投基金：周紫光 | | 时间 2018 | 日 | | 地点 | 友智科技会议室 ...

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苏州宝馨科技实业股份有限公司 投资者关系活动记录表 证券代码：002514 证券简称：宝馨科技 苏州宝馨科技实业股份有限公司 投资者关系活动记录表 编号：2017003 | --- | --- | |-----------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...