Business Overview - The company operates in the automotive inspection and safety testing equipment sector, with its main business focusing on motor vehicle safety inspection and testing systems [1] - The company does not have specific statistical data on customer distribution due to reporting based on product categories [3] Equipment and Operations - A typical inspection station is equipped with different testing lines based on the types of vehicles being inspected [3] - The company has a product update cycle of approximately every 3-5 years, aligned with national standards revisions [3] Market Impact - The implementation of the 6-year exemption policy for non-operational vehicles may reduce market demand for environmental and safety testing equipment, negatively impacting the company's operations [4] - The company has not conducted specific statistics on the procurement ratio of new versus old inspection stations [4] Sales and Revenue - Sales performance varies by region, with better results typically in economically developed areas such as North China, East China, and South China [4] - The average gross margin for new products is reported to be 46% based on 2015 data [5] Financial Performance - The company experienced a slight decline in main revenue year-on-year, attributed to industry characteristics and sales strategies [5] - The company raised approximately 140 million in its IPO, aimed at expanding production capacity and developing new products [6] Employee and Production Capacity - As of June 30, 2016, the company had 347 employees, including 35 in sales [6] - The current production capacity utilization rate is reported to be high [8] Future Strategies - The company plans to maintain its technological advantages while expanding into other environmental monitoring areas [8] - The company is focused on enhancing its product types and improving technological innovation to increase market share [9]

证券代码：300417 证券简称：南华仪器 佛山市南华仪器股份有限公司投资者关系活动记录表 | --- | --- | --- | |-------------------|-------------------------|--------------------------------------------------------| | | | | | 投 资 者 关 系 活 | √ | 特定对象调研 □分析师会议 | | 动类别 | □ | 媒体采访 □业绩说明会 | | | □ 新闻发布会 □路演活动 | | | | √ 现场参观 | | | | | □其他 （请文字说明其他活动内容） | | | 华宝兴业 胡浩峰 | | | 参 与 单 位 名 称 | 华夏基金 汤启 | | | | 建信基金 黄子凌 | | | 及人员姓名 | 华泰证券 肖群稀、阮宇君 | | | | 中海基金 王泉涌 | | | 时 间 | 2016 年 11 月 4 | 日 14：30-16：30 | | 地点 | 南华仪器公司一楼会议室 | | | 上 市 公 司 接 待 | | | | 人员姓名 | 伍颂颖 卢冠诗 | ...

Financial Performance - 2019年机动车检测设备与系统合计收入5.9亿 [1] - 2019年销售费用5016.91万元，同比增长109.40% [5] - 2019年管理费用4540.35万元，同比增长149.63% [5] - 2019年研发费用5002.32万元，同比增长250.43% [5] - 2019年研发投入占营业收入8.4% [6] Product and Market - 2019年主力产品NHAT-610和NHA-509获得市场追捧，产销两旺 [1] - 2019年VOC在线检测系统取得近800万收入 [3] - 公司未来将从单一的机动车检测发展成为环境综合检测服务商 [2] R&D and Innovation - 2019年研发人员较2018年增加35名 [6] - 2020年公司研发投入占比不低于5% [6] - 2019年研发费用主要由于研发人员薪酬及直接投入增加所导致 [6] Corporate Governance - 公司实际控制人为杨耀光及杨伟光，两人于2020年2月16日签署了《一致行动协议》 [6] COVID-19 Impact - 2020年2月17日起全面复工，但第一季度主营业务收入减少 [7] - 公司向湖北省慈善会捐赠人民币100万元，用于支持湖北疫情防控工作 [7] Strategic Plans - 公司不排除通过并购等外延式扩张实现发展 [8]

证券代码：300417 证券简称：南华仪器 佛山市南华仪器股份有限公司投资者关系活动记录表 编号：NH/IR2020-03 | --- | --- | --- | --- | --- | --- | |----------------|------------------------------|---------------|-------|-------|----------------------------------------------------------| | | | | | | | | | √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 | | | | | | 类别 | □ 新闻发布会 □路演活动 | | | | | | | □现场参观 | □ | | | 其他 （请文字说明其他活动内容） | | 参与单位名称及 | 华泰证券黄波 | | | | | | 人员姓名 | | | | | | | 时间 | 2020 年 7 月 24 | 日 15：00－ | | | 16：00 | | 地点 | 南华仪器一楼会议室 | | | | | | ...

Group 1: Company Operations and Challenges - The company's fundraising project has been delayed due to a change in the implementation site, which has caused a postponement of completion to four months prior to the current date [2][3] - The infrared flue gas detection product has not been launched in the market due to prolonged environmental certification processes [3] - The company maintains business relations with competitors Anche and Huayan, but the transaction volume is currently low [4] Group 2: Market Dynamics and Growth Potential - The traditional vehicle emission and safety inspection market has not reached a ceiling, with nearly 30 million new vehicles added annually, suggesting potential growth in inspection stations [4] - The replacement cycle for existing products at inspection stations is approximately 4-5 years, influenced by changes in national standards [4] - The company plans to focus on new business areas such as flue gas testing and environmental pollution source detection for future profit growth [6] Group 3: Financial Performance and Investment Strategy - The company's overall gross profit margin has been declining due to rising labor and material costs, while product prices remain unchanged [6] - The asset-liability ratio is stable at around 9%, indicating strong debt repayment capability, but there is room for improvement in capital structure to enhance returns [6] - The company is open to investing in quality assets related to its industry or business in the future [5] Group 4: Research and Development - Approximately 40% of the company's workforce is dedicated to R&D, with R&D expenses accounting for about 7% of current operating income [7] - High R&D investment has generally met the company's expected returns, with ongoing efforts to anticipate and influence industry standards [7] Group 5: Customer Relations and Sales - Customer purchasing patterns show some seasonality, with lower sales typically observed in the first quarter due to the Spring Festival [7] - The company discloses major contracts and orders in its annual report as required by the exchange [7] - Freight costs are primarily borne by customers, although they may sometimes be included in contracts [8]

参与单位名称及 深圳前海美银互联基金高德良、邵钊伦、罗勇 人员姓名 证券代码：300417 证券简称：南华仪器 编号：NH/IR2020-01 | --- | --- | --- | --- | |----------------|----------------------------|-------|----------------------------------| | | | | | | | √ 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 | | | | 类别 | □ 新闻发布会 □路演活动 | | | | | □ 现场参观 | | □其他 （请文字说明其他活动内容） | | --- | --- | |----------------|----------------------------------------------------------| | 时间 | 2020 年 6 月 28 日 15：00－16：00 | | 地点 | 南华仪器一楼会议室 | | 上市公司接待人 | 董事长杨耀光 | | | 董事会秘书伍颂颖 | | 员姓名 | 证 ...

证券代码：300417 证券简称：南华仪器 佛山市南华仪器股份有限公司投资者关系活动记录表 | --- | --- | --- | |-------------------------------------|---------------------------|---------------------------------------------------------------------------| | | | | | 投 资 者 关 系 活 | √ | 特定对象调研 □分析师会议 | | 动类别 | □ | 媒体采访 □业绩说明会 | | | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | | | | | □其他 （请文字说明其他活动内容） | | 参 与 单 位 名 称 | 国信证券 何俊艺 | | | 及人员姓名 | 长城基金 张留信 | | | | 鹏华基金 柳 黎 | | | 时 间 | 2019 年 8 月 23 | 日 15：45-16 ： 45 | | 地点 | 南华仪器公司一楼会议室 | | | 上 市 公 司 接 待 | | | | 人员姓名 | 杨耀光 伍颂 ...

Group 1: Company Performance - The main driver for the recent performance recovery is attributed to a significant increase in sales of main products, reaching 210 million CNY, which represents a growth of over 200% [1] - The company reported a pre-receipt of 120 million CNY for the first half of the year [3] Group 2: Market Landscape - The main competitor in the exhaust detection equipment market is Zhejiang University Mingquan, with no official data available on market space [2] - The market scale for vehicle detection equipment is not officially quantified, but the company holds more patents than its competitors, indicating a competitive advantage [3] Group 3: Industry Trends - The industry is expected to continue growing post-2020, supported by favorable national policies for the vehicle inspection sector [2] - Future trends include socialization of inspection stations, marketization of inspection fees, and an increase in detection standards, which will drive equipment upgrades [2] Group 4: Production and Capacity - The current production capacity is fully utilized, with efforts underway to enhance production efficiency [2] - The company has added over 100 employees this year, indicating plans for expansion [3] Group 5: Future Development - The company plans to expand into the environmental monitoring instruments and systems sector, viewing it as a significant growth opportunity [3] - The company anticipates that the new detection standards will necessitate upgrades for all existing detection stations [3] Group 6: Technology and Equipment - The infrared detection method is preferred over the electrochemical method due to its faster response time and longer lifespan, aligning with new standards [4]

证券代码：300417 证券简称：南华仪器 参与单位名称及 民生证券股份有限公司关启亮、徐昊 人员姓名 佛山市南华仪器股份有限公司投资者关系活动记录表 编号：NH/IR2020-04 | --- | --- | --- | --- | --- | |----------------|---------------------------|-------|-------|---------------------------------| | | | | | | | | √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 | | | | | 类别 | □ 新闻发布会 □路演活动 | | | | | | □现场参观 | | □ | 其他 （请文字说明其他活动内容） | | --- | --- | --- | |----------------|------------------------------|----------------------------------------------------------| | 时间 | 2020 年 9 月 17 日 | ...

证券代码：300417 证券简称：南华仪器 编号:NH/IR2019-04 佛山市南华仪器股份有限公司投资者关系活动记录表 | --- | --- | --- | |-------------------------------------|-------------------------|----------------------------------------------------------------| | | | | | 投 资 者 关 系 活 | √ | 特定对象调研 □分析师会议 | | 动类别 | □ | 媒体采访 □业绩说明会 | | | □ | 新闻发布会 □路演活动 | | | □ 现场参观 | | | | | □其他 （请文字说明其他活动内容） | | 参 与 单 位 名 称 | 国泰君安证券 张旭 | | | 及人员姓名 | | | | 时 间 | 2019 年 8 月 19 | 日 15：00-16：00 | | 地点 | 南华仪器公司一楼会议室 | | | 上 市 公 司 接 待 | 杨耀光 伍颂颖 | | | 人员姓名 | | | | 投 资 者 关 系 活 动 主 ...