青鸟消防股份有限公司 证券代码：002960 证券简称：青鸟消防 公告编号：2024-097 本公司及董事会全体成员保证信息披露内容的真实、准确、完整、没有 虚假记载、误导性陈述或重大遗漏。 青鸟消防股份有限公司（以下简称"公司"）近日收到公司持股 5%以上股东蔡 为民先生的通知，获悉蔡为民先生持有的部分公司股份办理了质押续期业务。具体 事项公告如下： 一、股东股份质押续期基本情况 1、股东股份质押续期的基本情况 | | 是否为控股 | 本次质押续 | 占其所 | 占公司 | | 是否 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股东名称 | 股东或第一 大股东及其 | 期数量 | 持股份 | 总股本 | 是否为 限售股 | 为补 充质 | 质押起始日 | 质押到期日 | 质权人 | 质押 用途 | | | 一致行动人 | （股） | 比例 | 比例 | | 押 | | | | | | | | 4,407,000 2,938,000 | 3.36% 2.24% | 0.59% 0.39% | | ...

e公司讯，IUID/S-JBF-R100红紫外双鉴成像立体感烟探测器是青鸟消防自主研发的一款融合红外及紫外 光谱结合CMOS成像与人工智能技术的立体空间智能感烟火灾探测器。 产品对于探测环境中的水蒸气、粉尘等干扰源有超强的区分识别能力，是常规线型光束感烟探测器的理 想升级替换产品。 目前，IUID/S-JBF-R100红紫外双鉴成像立体感烟探测器已经通过国家消防电子产品质量检验检测中心 的各项测试验证，并取得检验报告。 ...

Summary of Conference Call on Qingniao Fire Safety Company and Industry Overview - **Company**: Qingniao Fire Safety, a leading player in the domestic fire safety industry, has been expanding its product lines and applications to enhance cost efficiency and support controllable operations [1][2] - **Industry**: The fire safety industry, particularly focusing on fire alarm systems, has seen a shift towards more comprehensive solutions including gas extinguishing, gas detection, emergency lighting, and evacuation systems [3][4] Core Points and Arguments Market Position and Growth - Qingniao is recognized as a market leader in the fire alarm sector, with a comprehensive product matrix covering the entire fire safety chain from early warning to extinguishing [3][4] - The company is expected to benefit from the upcoming national standard replacements for fire alarms and evacuation systems, which are anticipated to optimize the supply side and improve market dynamics [4][5][22] Industry Challenges and Opportunities - The fire safety industry has faced revenue declines due to the impact of real estate completion rates, with Qingniao experiencing a slight revenue drop of around 10% in recent quarters [7][26] - The introduction of new national standards is expected to create barriers for smaller competitors, potentially leading to market consolidation and increased market share for established players like Qingniao [5][22] Demand Factors - **New Construction**: The demand for fire safety products is influenced by new construction projects, which have seen a decline of 24.4% in new residential area completions [8][26] - **Renovation of Existing Properties**: There is a growing trend in the renovation of old residential buildings, with over 50% of contracts in Beijing related to such projects, which could drive future demand for fire safety solutions [8][28] Financial Performance and Projections - Qingniao's revenue for the first three quarters was approximately 35.2 billion, with expectations of a recovery in 2024 driven by improved market conditions and increased overseas sales [18][36] - The company is projected to achieve a revenue growth of 7-8% in the coming years, with profit margins potentially recovering to pre-2023 levels [36][37] International Expansion and Industrial Applications - Qingniao has been actively expanding its overseas business, which accounted for 16.5% of total revenue in the first half of the year, with a growth rate of 24.7% [10][36] - The company is also focusing on industrial fire safety solutions, which require higher product sensitivity and stability, presenting significant growth opportunities in sectors like petrochemicals and data centers [10][32][33] Additional Important Insights - The shift from a dealer-based sales model to a direct sales approach is expected to strengthen Qingniao's competitive position, particularly in the industrial sector [6][24][25] - The company has invested in self-developed core components, such as chips, which have improved product performance and maintained profit margins despite price reductions [9][30][29] - The potential risks include the effectiveness of the new national standards in driving market share, the sustainability of renovation demand, and the ability to secure large industrial contracts [37][38] This summary encapsulates the key insights from the conference call regarding Qingniao Fire Safety's market position, industry dynamics, financial outlook, and strategic initiatives.

Investment Rating - The report assigns a "Buy" rating for the company, marking it as the first coverage [2]. Core Views - The company is a leading player in the domestic fire alarm industry, with a comprehensive product range covering fire alarms, gas extinguishing, gas detection, emergency lighting, and industrial fire safety [2]. - The upcoming national standard replacement in May 2025 is expected to accelerate the exit of smaller players from the market, enhancing industry concentration [2]. - The company is transitioning from "incremental construction" to "stock updating," maintaining gross margins despite declining average prices [2]. - The overseas business has shown significant growth potential, with a 24.7% year-on-year increase, and the industrial fire safety segment is expanding into various industries [2]. Summary by Sections Company Overview - The company has expanded its product offerings to include a full range of fire safety management solutions, addressing both commercial and industrial sectors [12]. - The traditional commercial fire safety market is becoming saturated, while opportunities for domestic replacements in industrial fire safety are emerging due to higher technical barriers [12][14]. Revenue Breakdown - The company’s revenue from overseas markets has increased significantly, accounting for 16.5% of total revenue in the first half of 2024, with a compound annual growth rate (CAGR) of 198.7% from 2020 to 2023 [16][18]. - The industrial fire safety segment's revenue contribution has also risen to 5.7% in the first half of 2024, indicating a shift away from reliance on the real estate sector [16][21]. Investment Logic - The replacement of national standards is anticipated to lead to a consolidation in the industry, as companies must meet higher research and production requirements [23][26]. - The shift in customer focus from traditional commercial to industrial fire safety is expected to enhance direct sales capabilities [28]. - The company has maintained stable gross margins despite a decline in average prices, supported by its self-developed "Zhu Huan" chip technology [2][21]. Profit Forecast and Valuation - The company is projected to achieve revenues of 49.9 billion, 53.7 billion, and 59.7 billion yuan from 2024 to 2026, with net profits of 5.25 billion, 6.89 billion, and 8.29 billion yuan respectively [2][4]. - The target price is set at 14.80 yuan per share, based on a 16x price-to-earnings (PE) ratio for 2025 [2].

各位投资人大家早上好欢迎大家参加本场青鸟烧房三季度业绩交流会我是本次会议的主持人华安机械首席账番今天我们邀请的企业嘉宾为公司董秘严总和IR经理王总也非常感谢两位领导的宝贵时间接下来就首先有请企业领导就三季报情况做简单介绍之后我们进入问答环节谢谢 各位投资人下午好因为我们发布了这个三级报那么我先简单介绍一下三级度情况然后大家看看还有什么问题咱们再随时沟通大家也看到了咱们三级报的情况我先说一下整体情况整体来看青鸟在前三级度收入是基本持平 毛利率呢也是几乎成平啊那在单季度可能还有稍有稍有散展但从整体来看基本持平那从那个利润来看呢啊下滑的比较多一点是下滑了30%多但这里呢利润的下滑呢主要是因为客观的因素造成的 这里面我们也是在三级报中进行了一个猜测利率下滑的部分第一个主要部分是公司股权机密是比去年同期增加了6000万那么这一块是含了我们总共三期的股权机密那目前来看安基纳尔今年的这个业绩情况应该是第二期和第三期的股权机密 应该都没有办法达到行权的条件这个呢是因为我们当时股权基因的指标还挺高的大家可以看一下就是35%以上的增长所以这一块目前来看呢到今年年底的时候股权基因的费用呢应该整个全年也就在5000万左右所以不会有 ...

1 青鸟消防股份有限公司 证券代码：002960 证券简称：青鸟消防 编号：2024-004 青鸟消防股份有限公司 投资者关系活动记录表 （2024 年 11 月 1 日） | --- | --- | --- | |----------------|--------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ...

青鸟消防股份有限公司 公司于 2024 年 9 月 3 日召开第四届董事会第五十二次会议，审议通过了《关 于变更回购股份用途并注销的议案》，同意将 2024 年第二次回购股份方案中的回购 用途由"用于公司员工持股计划或股权激励"变更为"用于注销并减少公司注册资 本"。该事项尚需提交公司股东大会审议。具体内容详见公司于 2024 年 9 月 4 日刊 登于巨潮资讯网的《关于变更回购股份用途并注销暨回购进展的公告》（公告编号： 2024-091）。 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引第 9 号 ——回购股份》（以下简称"《回购指引》"）等有关规定，回购股份已实施完毕的， 应当在两个交易日内披露回购结果暨股份变动公告。截至 2024 年 11 月 1 日，公司 1 证券代码：002960 证券简称：青鸟消防 公告编号：2024-096 青鸟消防股份有限公司 关于回购公司股份实施结果暨股份变动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整、没有 虚假记载、误导性陈述或重大遗漏。 青鸟消防股份有限公司（以下简称"公司"）于 2024 年 7 月 11 日召开第四届董 事会 ...

Investment Rating - The report maintains a "Buy" rating for the company [5] Core Views - The company has shown resilience in its core business despite a decline in overall revenue and profit due to market pressures. In Q3 2024, the company achieved a net profit of 146 million yuan, a 32.76% increase quarter-on-quarter, although it still represents a year-on-year decline [1] - The overseas business has expanded rapidly, with revenue reaching 526 million yuan in the first three quarters of 2024, marking a 14.03% year-on-year increase. This growth is attributed to the introduction of new product categories and enhanced international sales channels [2] - The company is focusing on industrial and smart firefighting solutions, with significant growth in these areas. The industrial project revenue reached 380 million yuan, a 67% increase year-on-year, while smart firefighting projects saw a 32% increase [2] Financial Performance Summary - For the first three quarters of 2024, the company reported total revenue of 3.521 billion yuan, a 3.40% year-on-year decrease, and a net profit of 335 million yuan, down 33.66% year-on-year [1] - Revenue projections for 2024-2026 are set at 5.163 billion yuan, 6.103 billion yuan, and 7.208 billion yuan respectively, with corresponding net profits of 572 million yuan, 710 million yuan, and 871 million yuan [3] - The company's earnings per share (EPS) for 2024 is projected to be 0.77 yuan, with a price-to-earnings (P/E) ratio of 13.7 [4][3]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company continues to focus on the industrial and overseas markets, emphasizing research and development as key growth drivers [1] - In the first three quarters of 2024, the company achieved revenue of 3.52 billion yuan, a decrease of 33.66% year-on-year, with a net profit attributable to the parent company of 3.35 billion yuan, down 36.65% [1] - The company is committed to deepening its market presence, with domestic industrial and commercial fire safety and overseas fire safety businesses identified as the two main growth engines [1] Financial Performance Summary - For the first three quarters of 2024, the company reported a revenue of 1.256 billion yuan, down 9.76% year-on-year, and a net profit attributable to the parent company of 1.46 billion yuan, down 32.85% [1] - The company’s cash flow from operating activities was negative 239 million yuan, with a weighted average return on equity of 5.46% [1] - The company’s total assets were 8.472 billion yuan, with current assets of 6.664 billion yuan and total liabilities of 1.996 billion yuan [2] Financial Forecasts - The company’s projected revenue for 2024-2026 is 5.136 billion yuan, 5.719 billion yuan, and 6.444 billion yuan respectively, with corresponding net profits of 479 million yuan, 548 million yuan, and 637 million yuan [2][3] - The expected EPS for 2024-2026 is 0.64 yuan, 0.74 yuan, and 0.86 yuan respectively, with a P/E ratio of 16.33, 14.27, and 12.28 [2][3] Growth Drivers - The company is focusing on continuous research and development of core components and launching new product solutions [1] - The industrial and industry fire alarm business and intelligent evacuation business are steadily growing, with project delivery amounting to 3.8 billion yuan, a year-on-year increase of 67% [1] - The overseas market revenue increased by 14.03% year-on-year, reaching 5.26 billion yuan, as the company expands its product categories and actively develops new sales channels [1]

Financial Performance - The company's operating revenue for Q3 2024 was ¥1,256,347,717.48, a decrease of 9.76% compared to the same period last year[4] - Net profit attributable to shareholders was ¥146,387,383.50, down 32.85% year-on-year[4] - Basic earnings per share decreased by 31.08% to ¥0.204, while diluted earnings per share fell by 32.09% to ¥0.201[4] - For the first three quarters of 2024, the company achieved a revenue of RMB 3.521 billion, with a gross margin of 37.60%, remaining stable compared to the previous year[12] - The net profit attributable to shareholders was RMB 335 million, primarily impacted by increased stock incentive expenses of approximately RMB 60.06 million, foreign exchange losses increasing financial expenses by RMB 30.80 million, and rising human resource costs in management expenses by RMB 23.21 million[12] - The net profit for Q3 2024 was 353,874,684.08, a decrease of 33.5% compared to 531,200,624.15 in Q3 2023[27] - Operating profit for Q3 2024 was 415,544,698.97, down from 593,886,853.67 in the same period last year, reflecting a decline of 30.0%[27] - Total comprehensive income for Q3 2024 was 341,950,585.56, compared to 523,058,551.64 in Q3 2023, representing a decrease of 34.7%[28] Cash Flow and Liquidity - The net cash flow from operating activities was -¥239,484,959.98, representing a 100.20% decline compared to the previous year[4] - Cash inflow from operating activities for Q3 2024 was 3,038,023,773.25, a decrease of 4.1% from 3,169,971,510.38 in Q3 2023[29] - The net cash outflow from operating activities was -239,484,959.98, compared to -119,624,021.61 in the previous year, indicating a decline in operational cash flow[30] - The total cash and cash equivalents at the end of the period were 1,336,693,766.36, down from 1,978,530,247.48 year-over-year[30] - The company’s current cash and cash equivalents amount to approximately RMB 1.87 billion, down from RMB 2.95 billion in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,333,357,415.07, a decrease of 1.63% from the end of the previous year[4] - Total liabilities decreased to CNY 1,908,523,206.35, down from CNY 1,995,426,215.19, a reduction of about 4.4%[26] - The total equity attributable to shareholders decreased to CNY 6,093,570,174.87 from CNY 6,236,612,381.66, a decrease of approximately 2.3%[26] - The goodwill increased significantly to CNY 524,260,150.44, compared to CNY 421,218,347.32, marking an increase of approximately 24.5%[25] Operational Highlights - Revenue from domestic commercial and civil alarm systems and evacuation services decreased by 10.22% year-on-year to RMB 2.334 billion, influenced by a 24.40% decline in real estate completion area and intensified market price competition[13] - The industrial and sector fire alarm business saw a revenue increase of 67% year-on-year, reaching RMB 380 million, driven by the "Qingniao" brand's growth in key projects[13] - The company's domestic fire extinguishing business generated RMB 359 million, reflecting a rapid growth of 13.22% year-on-year, with significant contributions from digital economy-related projects[15] - Overseas market revenue for the first three quarters was RMB 526 million, marking a 14.03% increase compared to the previous year, supported by the expansion of product categories and new sales channels[15] Research and Development - The company is actively developing new products and services in the smart fire safety sector, focusing on IoT, cloud computing, and AI technologies[15] - The IC1017 high-performance industrial-grade 32-bit chip was successfully taped out in September 2024, enhancing AI processing capabilities for fire detection products[17] - Qingniao Fire won the Best Paper Award at the AUBE 2024 International Conference, highlighting its research in thermal runaway fire detection for lithium-ion battery systems[18] Strategic Initiatives - The company has established a strategic partnership with Zhonghai Property to enhance community smart fire safety solutions[15] - The company plans to accelerate the development of industrial and overseas businesses, aiming to become a world-leading fire safety electronics enterprise[19] - The company has successfully implemented nearly 3,200 urban renewal projects in Beijing since 2024, with over 50% of contracts related to fire safety upgrades[13] Shareholder Actions - The company’s stock repurchase account held 8,401,139 shares, accounting for 1.13% of the total share capital as of September 30, 2024[10] - As of the reporting period, the company repurchased a total of 8,401,139 shares, accounting for 1.13% of the total share capital, with a total transaction amount of approximately RMB 88.31 million[21] - The maximum and minimum repurchase prices were RMB 11.49 and RMB 8.89 per share, respectively[21]