证券代码：300789 证券简称：唐源电气 公告编号：2025-042 成都唐源电气股份有限公司 第三届监事会第十八次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 成都唐源电气股份有限公司（以下简称"公司"）第三届监事会第十八次 会议于 2025 年 5 月 12 日以现场结合通讯表决的方式召开。会议通知于 2025 年 5 月 9 日以电子邮件方式发出。本次监事会应参加监事 3 人，实际参加表决的监 事 3 人。会议由监事会主席赵刚先生召集和主持。本次会议的召集、召开符合 相关法律、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 二、监事会会议审议情况 本次会议以记名投票方式进行表决并通过了如下议案： 1、审议通过《关于公司符合向特定对象发行股票条件的议案》 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司证 券发行注册管理办法》等法律、法规和规范性文件的有关规定，监事会对公司 的实际情况及相关事项进行了逐项自查和论证，认为公司各项条件满足现行法 律法规和规范性文件中关于创业板上市公司向特定对象 ...

证券代码：300789 证券简称：唐源电气 公告编号：2025-041 成都唐源电气股份有限公司 二、董事会会议审议情况 本次会议以记名投票方式进行表决并通过了如下议案： 1、审议通过《关于公司符合向特定对象发行股票条件的议案》 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司证 券发行注册管理办法》等法律、法规和规范性文件的有关规定，董事会对公司 的实际情况及相关事项进行了逐项自查和论证，认为公司各项条件满足现行法 律法规和规范性文件中关于创业板上市公司向特定对象发行股票的有关规定,具 备创业板上市公司向特定对象发行股票（以下简称"本次发行"）的条件和资 格。 本议案已经独立董事专门会议审议通过。 表决结果为：同意7票，反对0票，弃权0票。 本议案尚需提交公司股东大会审议。 第三届董事会第三十二次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 成都唐源电气股份有限公司（以下简称"公司"）第三届董事会第三十二 次会议于2025年5月12日以现场结合通讯表决的方式召开。会议通知于2025年5 月9日以电子邮件方 ...

证券代码：300789 证券简称：唐源电气 公告编号：2025-035 成都唐源电气股份有限公司 成都唐源电气股份有限公司（以下简称"公司"）《2024 年年度报告》全 文及摘要已于 2025 年 4 月 23 日在巨潮资讯网（http://www.cninfo.com.cn） 上披露。 为便于广大投资者深入了解公司生产经营、发展战略等情况，公司定于 2025 年 5 月 15 日（星期四）16:30-17:30 在四川省成都市武侯区武科西一路 9 号公司 3 楼会议室以"现场+网络文字互动"方式召开 2024 年度业绩说明会， 与投资者进行沟通和交流，广泛听取投资者的意见和建议。 一、说明会召开的时间、方式和地点 会议召开时间：2025 年 5 月 15 日（星期四）16:30-17:30。 召开方式：现场+网络文字互动相结合。 关于举行 2024 年度业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 现场会议召开地点：四川省成都市武侯区武科西一路9号公司3楼会议室。 网络文字互动平台：东方财富路演平台。 二、公司出席人员 四、咨询方式 出席 ...

Group 1 - The core viewpoint of the news highlights that XuanYuan Investment has conducted research on Tangyuan Electric, focusing on its innovation and development in the field of AI and technology integration for smart transportation [1] - Tangyuan Electric is committed to its main business while expanding into new sectors through technological accumulation and capital operations, with core technologies including machine vision and robot control [1] - The company is enhancing product performance and competitiveness by integrating AI technology with its core technologies, leading to the development of smart operation and maintenance platforms for rail transit and robotic products [1] Group 2 - The emergency response business of Tangyuan Electric is expanding into western regions, with profit models including project construction and operation services [1] - The company is increasing R&D investment to optimize algorithms and introduce AI large model technology, exploring collaborative operation modes [1] - AI technology is being utilized for fault warning and status assessment, with future plans to optimize algorithms, expand applications, and improve data processing speed [1] Group 3 - XuanYuan Investment, established in 2015, focuses on private equity fund management, with a team that has an average of over 10 years of experience in the securities industry [2] - The investment philosophy of XuanYuan Investment is driven by "value and quantitative" strategies, emphasizing a comprehensive investment framework that includes macro, meso, and micro perspectives [2] - The company aims to become a leading asset management firm in China, adhering to a culture of knowledge, practicality, customer-centricity, and win-win cooperation [2]

成都唐源电气股份有限公司 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 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 投资者关 | □媒体采访 业绩说明会 | | | | | | | | | | 系活动类 | □新闻发布会 ☑路演活动 | | | | | | | | | | 别 | □现场参观 | | | | | | | | | | | ☑其他 "神源"轨交供电 AI 运维平台新产品发布 | | | | | | | | | | | 华泰证券:刘思倩、刘曼青；广发证券:卢耀强、谭耀昌；长江证券:屈奇； | | | | | | | | | | | 金元证券:叶艳云；海雅金控:孔庆志；海通期货:胡哲宁；东方证券:高沁； | | | | | | | | | | | 国 君 益 田 路 营 业 部 : 程 秀 丽 ； 聚 龙 投 资 : 李 友 富 ； | | | | | | | | | | | 深 圳 联 通 : 黎 芳 ； 畅 达 泰 泽 : 岳 远 明 ； ...

Core Viewpoint - Chengdu Tangyuan Electric Co., Ltd. reported a revenue of 640 million yuan and a net profit of 72.8759 million yuan for 2023, with a proposed dividend of 1.52 yuan per 10 shares, totaling 21.8455 million yuan [2] Group 1: Company Overview - Tangyuan Electric specializes in machine vision, robot control, embedded computing, digital twins, artificial intelligence, fault prediction, and health management [2] - The company provides products and solutions primarily for smart transportation, emergency response, and intelligent manufacturing sectors [2] Group 2: Industry Context - The railway and urban rail transit sectors in China are transitioning to a dual focus on construction and operational maintenance, driven by advancements in big data, AI, and robotics [2] - The shift from traditional manual operations to digital and intelligent maintenance presents significant growth opportunities for the rail transit operation and maintenance industry [2] Group 3: Financial Performance and R&D - In 2024, the company invested 73.8094 million yuan in R&D, accounting for 11.54% of its revenue, and secured 12 new patents and 36 software copyrights [3] - The company achieved milestone results in a national key R&D project for intelligent maintenance equipment in rail transit [3] Group 4: Business Development - Tangyuan Electric's intelligent inspection drone system was successfully implemented at a railway bureau, enhancing defect detection rates through an "automatic flight + AI defect recognition" model [3] - The company won a bid for the Beijing intercity railway project, marking a significant expansion from its southwestern base to the national market [3] Group 5: Future Outlook - The company aims to focus on core businesses and deepen the integration of AI and robotics, targeting technological challenges in various engineering fields [4] - Plans include the development of 14 upgraded products, including intelligent comprehensive inspection robots, and expanding the smart station business across 18 railway bureaus nationwide [4] - The company will enhance regional penetration in domestic markets while actively exploring overseas opportunities [4]

Core Viewpoint - The company focuses on machine vision and robotics technology, providing solutions for smart transportation, emergency response, and intelligent manufacturing, aiming to enhance operational safety and efficiency in the rail transit sector [5][32]. Company Overview - The company specializes in machine vision, robotics control, embedded computing, digital twins, artificial intelligence, fault prediction, and health management [5]. - It operates in sectors such as smart transportation, smart emergency response, and intelligent manufacturing, offering products like machine vision intelligent detection equipment and big data intelligent management systems [5]. Main Products - **Machine Vision Intelligent Detection Equipment**: Includes smart detection equipment for rail transit, such as contact network detection devices and online track status detection equipment, which utilize advanced imaging and machine vision technologies for real-time monitoring and maintenance [7][8]. - **Robotics**: Features products like intelligent inspection robots for rail vehicles and rail flaw detection robots, enhancing inspection efficiency and reducing labor costs [10][11]. - **Big Data Intelligent Management Systems**: These systems integrate real-time monitoring, fault warning, and data analysis to optimize operational efficiency in power supply and maintenance management [13][14]. Business Model - The company adopts a "production based on sales" model, focusing on customized products and direct sales to clients such as railway operators and contractors [29][31]. - Procurement is conducted based on project material needs, with a mix of order-based and planned purchasing strategies to manage costs and supply risks [29]. Industry Position - The company is recognized as a high-tech enterprise and has received various accolades for its innovation and contributions to the rail transit sector [32][33]. - It has developed leading technologies in rail transit safety and artificial intelligence detection, significantly improving operational safety and efficiency [34][35].

Core Viewpoint - Chengdu Tangyuan Electric Co., Ltd. reported a stable revenue for 2024, but significant declines in net profit and cash flow raise concerns about the company's operational and financial health [1][15]. Revenue Analysis - The company's revenue for 2024 was 639,787,065.75 yuan, a slight increase of 0.06% compared to 639,429,333.94 yuan in the previous year [2]. - The smart transportation business generated 467,527,413.89 yuan, accounting for 73.08% of total revenue, but decreased by 12.81% year-on-year [2]. - The waste solid resource utilization business saw revenue of 153,946,004.41 yuan, representing 24.06% of total revenue, with a significant growth of 54.04% year-on-year [2]. Profitability Challenges - The net profit attributable to shareholders was 72,875,895.94 yuan, down 32.45% from 107,881,056.26 yuan in 2023 [3]. - The net profit after excluding non-recurring items was 66,167,481.68 yuan, a decrease of 35.13% year-on-year [3]. - Factors contributing to the decline include intensified market competition, high R&D costs, and lengthy market cultivation periods for new products [3]. Earnings Per Share - Basic earnings per share fell to 0.5093 yuan, a decrease of 33.11% from 0.7614 yuan in the previous year [4]. - The diluted earnings per share, excluding non-recurring items, decreased by 35.13% to 0.4625 yuan [4]. Expense Management - Total sales expenses increased by 1.51% to 31,032,552.71 yuan, indicating ongoing investment in market expansion [5][6]. - Management expenses slightly decreased by 1.01% to 47,719,673.76 yuan, suggesting some efficiency improvements [7]. - Financial expenses turned positive, increasing by 34.66% due to reduced interest income from deposits [8]. R&D Investment - R&D expenses amounted to 73,809,393.97 yuan, a slight decrease of 1.48%, but still representing 11.54% of total revenue [9]. - The company is focusing on technological innovation across various fields, including smart operations and emergency management [9]. Cash Flow Analysis - The net cash flow from operating activities was -20,172,402.31 yuan, a drastic decline of 119.33% from 104,337,135.12 yuan in 2023 [10]. - Cash outflows from operating activities increased significantly, primarily due to higher procurement costs [11]. - Investment cash flow showed a net outflow of -92,953,611.34 yuan, reflecting increased fixed asset investments [12]. - Financing activities generated a net inflow of 19,908,101.02 yuan, a growth of 695.76%, indicating improved capital inflow [13]. Management and Governance - The compensation for executives is aligned with industry standards and company performance, which may help incentivize management to improve company performance [15].

成都唐源电气股份有限公司 本次会计政策变更前，公司执行财政部发布的《企业会计准则—基本准则》和各项 具体会计准则、企业会计准则应用指南、企业会计准则解释公告以及其他相关规定。 证券代码：300789 证券简称：唐源电气 公告编号：2025-031 关于会计政策变更的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 成都唐源电气股份有限公司（以下简称"公司"）根据中华人民共和国财政部（以 下简称"财政部"）颁布的《企业会计准则解释第18号》（财会[2024]24号）的要求变 更会计政策。本次变更会计政策是根据法律、行政法规和国家统一的会计制度要求执行 的变更，根据《深圳证券交易所上市公司自律监管指引第2号——创业板上市公司规范 运作》的有关规定，无需提交公司董事会和股东大会审议批准。本次会计政策变更不会 对公司当期的财务状况、经营成果和现金流量产生重大影响。具体情况如下： 一、会计政策变更概述 （一）会计政策变更的原因和日期 财政部于2024年12月6日颁布了《企业会计准则解释第18号》（财会[2024]24号）， "关于浮动收费法下作为基础项目持有的投资性 ...

成都唐源电气股份有限公司 2024 年度董事会工作报告 2024 年度，公司实现营业收入 63978.71 万元，较上年同期增加 0.06%；实 现归属于上市公司股东的净利润 7287.59 万元，较上年同期减少 32.45%。公司 积极应对挑战，迅速做出战略调整。一方面，全面梳理产品体系，持续强化研发 投入，组建专项研发团队，针对产品功能和技术进行优化升级，致力于推出更契 合市场需求、具备更强竞争力的新产品。加快技术成果转化，构建更敏捷的产品 迭代机制，深厚的技术积淀将持续赋能产品创新，助力公司在激烈的行业竞争中 保持优势地位，并为未来发展培育新的增长动能。另一方面，对销售体系进行了 大刀阔斧的重建与优化，从团队架构、激励机制到市场策略等方面进行全方位革 新，以提升销售团队的市场敏感度和响应速度，强化市场开拓能力。 公司开展的调整措施已初见成效。新产品研发进展顺利，部分已进入市场测 试阶段，获得了客户的积极反馈；新销售体系在市场拓展中也展现出更强的活力， 市场份额逐步回升。公司有信心凭借自身的技术积累、创新能力和快速应变能力， 在后续发展中克服短期困难，重回业绩增长轨道。 一、公司重点工作完成情况 （1）智 ...