Core Viewpoint - The company, 德固特, is experiencing a slight increase in stock price and has a market capitalization of 4.728 billion yuan, with a focus on energy-saving and environmental protection equipment [1]. Group 1: Company Overview - 德固特 is located in Qingdao, Shandong Province, and was established on April 5, 2004, with its stock listed on March 3, 2021 [9]. - The company's main business involves the design, manufacturing, and sales of energy-saving and environmental protection equipment, with revenue composition as follows: 76.84% from energy-saving heat exchange equipment, 8.40% from equipment maintenance and modification, 5.27% from powder and other environmental protection equipment, 4.44% from equipment parts, 4.27% from specialized custom equipment, and 0.78% from other sources [10]. Group 2: Financial Performance - For the first half of 2025, 德固特 reported revenue of 250 million yuan, a year-on-year decrease of 8.66%, and a net profit attributable to shareholders of 49.03 million yuan, down 28.23% year-on-year [10]. - The company has distributed a total of 87.668 million yuan in dividends since its A-share listing, with 67.668 million yuan distributed over the past three years [11]. Group 3: Market Position and Recognition - 德固特 has been recognized as a "specialized, refined, distinctive, and innovative" small giant enterprise, which is a prestigious title for small and medium-sized enterprises in China, indicating its strong market position and innovation capabilities [2]. - The company benefits from the depreciation of the RMB, with overseas revenue accounting for 59.28% of total revenue [4]. Group 4: Technological Innovations - The company has developed a high-temperature air preheater for gasification, which utilizes heat energy released during the cooling of high-temperature gas to significantly increase production and reduce fuel consumption, achieving a 30% increase in raw material input and a 9.3%-13.2% reduction in fuel usage [4]. - 德固特 has previously produced containers for storing spent fuel rods from the Fukushima nuclear power plant, showcasing its capabilities in the nuclear energy sector [5].

Core Points - The company, Degute (300950), announced the election of Mr. Zhu Zilong as the employee representative director of the fifth board of directors during the fifth meeting of the first employee representative assembly held on September 22, 2025 [1] Summary by Category - **Company Announcement** - Degute held its first employee representative assembly's fifth meeting on September 22, 2025, where Mr. Zhu Zilong was elected as the employee representative director [1]

证券代码：300950 证券简称：德固特 公告编号：2025-064 青岛德固特节能装备股份有限公司 关于非独立董事辞职暨选举职工代表董事的公告 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。 一、非独立董事辞职的情况 青岛德固特节能装备股份有限公司（以下简称"公司"）董事会于近日收到公 司非独立董事于旷世先生递交的书面辞职报告。因个人原因，于旷世先生申请辞 去公司第五届董事会非独立董事职务。于旷世先生原定任期为 2024 年 10 月 9 日至 2027 年 10 月 8 日，辞职后不在公司担任任何职务。于旷世先生的辞任不会 导致公司董事会成员低于法定的最低人数，不会影响公司董事会的正常运行，亦 不会对公司的日常运营产生不利影响。根据《中华人民共和国公司法》（以下简 称"《公司法》"）和《公司章程》的相关规定，其辞任自辞职报告送达公司董 事会时生效。截至本公告披露日，于旷世先生未持有公司股份，辞职后将继续遵 守《公司法》《上市公司股东减持股份管理暂行办法》《上市公司董事和高级管 理人员所持本公司股份及其变动管理规则》《深圳证券交易所上市公司自律监管 指引第 ...

Core Viewpoint - The company, 德固特, is experiencing a decline in stock price and revenue, while benefiting from various industry trends such as carbon neutrality and the depreciation of the RMB [1][4]. Group 1: Company Performance - 德固特's stock price fell by 2.54% on September 23, with a trading volume of 154 million yuan and a market capitalization of 4.683 billion yuan [1]. - The company reported a revenue of 250 million yuan for the first half of 2025, a year-on-year decrease of 8.66%, and a net profit of 49.03 million yuan, down 28.23% year-on-year [10]. - The average trading cost of the stock is 32.47 yuan, with the current price near a support level of 29.80 yuan [8]. Group 2: Industry Trends - The company has been recognized as a "specialized, refined, characteristic, and innovative" enterprise, which is a prestigious title for small and medium-sized enterprises in China, indicating strong innovation and market presence [2]. - The company is involved in the production of high-temperature air preheaters for gasification, which can increase production by 45% and reduce fuel consumption by 9.3% to 13.2%, contributing to carbon emission reduction [4]. - The company has a significant overseas revenue share of 59.28%, benefiting from the depreciation of the RMB [4]. Group 3: Company Background - 德固特, established in April 2004 and listed in March 2021, specializes in energy-saving and environmental protection equipment [9]. - The company's main business revenue composition includes energy-saving heat exchange equipment (76.84%), equipment maintenance and modification (8.40%), and other environmental protection equipment [10]. - The company has previously produced containers for storing spent fuel rods from the Fukushima nuclear power plant [5].

Core Viewpoint - Degute (SZ 300950, closing price: 31.51 yuan) announced that on September 22, 2025, it will accept investor research from Qingdao Shuo Fang Investment and others, with participation from the company's general manager, Song Chao, who will address investor inquiries [1] Company Summary - For the first half of 2025, Degute's revenue composition is as follows: petrochemical industry accounts for 50.31%, coal chemical industry accounts for 40.32%, other industries account for 8.59%, and other businesses account for 0.78% [1] - As of the report date, Degute's market capitalization is 4.8 billion yuan [1]

Group 1: Company Orders and Financial Performance - The company has a total order backlog of 5.58 billion CNY as of June 30, 2025, with overseas project orders amounting to 2.30 billion CNY, accounting for 41.22% of the total [2] - The year-on-year growth of the order backlog is 8.35% [2] Group 2: Profitability and Market Position - The company's gross profit margin has improved due to its ongoing internationalization strategy, leveraging technical strength, quality, and service advantages [3] - The company has established a global sales network, enhancing its market coverage and customer base, which supports continuous growth in export business [3] Group 3: Competitive Advantages - The company possesses significant competitive advantages in the ultra-high temperature heat exchange sector, including material, design, and process superiority [4] - High manufacturing barriers and strict quality assurance systems contribute to stable market share, as customers prioritize product quality [4] Group 4: Product Applications and Market Expansion - The company's carbon black equipment is applicable for the production of conductive and specialty carbon blacks, having supplied equipment to notable companies like Black Cat and Yongdong [5] - The expanding application space for conductive and specialty carbon blacks is expected to positively impact sales of the company's carbon black equipment [5] Group 5: Acquisition Progress - The company disclosed the acquisition of Haowei Technology on July 14, 2025, and is actively progressing with the transaction, although uncertainties remain regarding its final implementation [6]

Core Points - The company, Degute (300950), reported that as of September 19, 2025, the number of shareholders is 15,367 [1] Summary by Category - **Company Information** - Degute has a total of 15,367 shareholders as of the specified date [1]

Core Viewpoint - The company, 德固特, is experiencing positive market movements and is recognized as a "specialized, refined, distinctive, and innovative" enterprise, which enhances its competitiveness and stability in the industry [2][4]. Group 1: Company Performance - 德固特's stock increased by 1.38% on September 22, with a trading volume of 1.17 billion yuan and a market capitalization of 4.805 billion yuan [1]. - The company reported a revenue of 250 million yuan for the first half of 2025, a year-on-year decrease of 8.66%, and a net profit of 49.03 million yuan, down 28.23% year-on-year [10]. - The average trading cost of the stock is 32.52 yuan, with recent trading activity indicating a potential range between 29.80 and 35.38 yuan [8]. Group 2: Industry Position and Recognition - 德固特 has been included in the Ministry of Industry and Information Technology's list of "specialized, refined, distinctive, and innovative" small giant enterprises, which signifies its strong innovation capabilities and market share [2]. - The company benefits from the depreciation of the RMB, with overseas revenue accounting for 59.28% of total revenue [4]. - 德固特's main business segments include energy-saving heat exchange equipment (76.84%), equipment maintenance and modification (8.40%), and other environmental protection equipment [10]. Group 3: Technological Advancements - The company has developed a high-temperature air preheater for gasification, which can increase production by 45% and reduce fuel consumption by 9.3% to 13.2% [4]. - 德固特 is involved in innovative applications that integrate 5G, cloud computing, AI, and big data, enhancing its service offerings in the computing network sector [3].

Overview - Drying equipment is essential in various industries such as lithium batteries, textiles, food, chemicals, agriculture, ceramics, and environmental protection [1][14] - The demand for drying equipment has been continuously growing, particularly in the lithium battery sector, with a projected demand of 5.421 million units and a market size of 34.3 billion yuan in 2024 [1][14] Market Policies - The Chinese government has issued several policies to support the development of the general equipment manufacturing industry, including drying equipment, creating a favorable policy environment [8] Industry Chain - The upstream of the drying equipment industry includes suppliers of raw materials and components such as steel, motors, and sensors, while the midstream involves research and production, and the downstream encompasses various application markets [10] Demand Structure - Lithium batteries represent the largest demand market for drying equipment, accounting for 23.54%, followed by textiles and food at 17.32% and 12.70% respectively [12] Competitive Landscape - The drying equipment industry in China is characterized by a high degree of market fragmentation, with over 40% of related companies having registered capital under 2 million yuan [14] - As demand for high-end products increases, companies with advanced technology and R&D capabilities are expected to gain competitive advantages [14] Company Analysis - Shenzhen Xinyuren Technology Co., Ltd. focuses on high-end equipment for lithium-ion batteries, with 53.67% of its revenue from drying equipment in the first half of 2025 [15] - Qingdao Degute Energy-saving Equipment Co., Ltd. specializes in energy-saving drying machines, achieving a revenue of 250 million yuan in the first half of 2025, with a gross profit margin of 39.14% [16] Development Trends - The drying equipment industry is expected to emphasize green energy and energy-saving technologies, with a focus on renewable energy sources and smart upgrades through IoT and AI [16]

证券代码：300950 证券简称：德固特 公告编号：2025-063 青岛德固特节能装备股份有限公司 一、会议召开和出席情况 （一）会议召开时间： 1、现场会议时间：2025 年 9 月 15 日（星期一）14：00 2、网络投票时间：2025 年 9 月 15 日 通过深圳证券交易所（以下简称"深交所"）交易系统进行网络投票的具体 时间为 2025 年 9 月 15 日的交易时间，即 9:15-9:25，9:30-11:30，13:00-15:00； 通过深交所互联网投票系统进行网络投票的具体时间为 2025 年 9 月 15 日 09:15-15:00。 关于 2025 年第二次临时股东大会决议的公告 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。 （二）股权登记日：2025 年 9 月 10 日（星期三） （三）现场会议召开地点：青岛胶州市滨州路 668 号公司会议室 （四）会议召开方式：现场投票与网络投票相结合的方式 （五）召集人：公司第五届董事会 （六）主持人：董事长魏振文先生 （七）会议召开的合法性、合规性：公司第五届董事会第十次会议审议通过 了关 ...