本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带法律责任。 一、 回购方案基本情况 (一)审议及表决情况 证券代码：430476 证券简称：海能技术 公告编号：2025-129 海能未来技术集团股份有限公司 回购进展情况公告 本次回购方式为竞价方式回购。 (四)回购价格 本次回购价格原为不超过 15.00 元/股，具体回购价格由董事会在回购实施期间， 综合公司二级市场股票价格、公司财务状况和经营状况确定。 海能未来技术集团股份有限公司（以下简称"公司"）于 2025 年 3 月 20 日召开了 第五届董事会第五次临时会议、第五届监事会第三次临时会议，审议通过了《关于以集 中竞价交易方式回购公司股份方案的议案》。 (二)回购用途及目的 基于对公司未来发展的信心及公司价值的认可，为维护广大投资者的利益，增强投 资者信心，推进股票价值与公司内在价值相匹配，提升公司股票长期投资价值，公司积 极响应党中央、国务院决策部署，根据中国人民银行、金融监管总局、中国证监会《关 于设立股票回购增持再贷款有关事宜的通知》，公司决定以自有资 ...

Group 1 - The article highlights high-paying job opportunities in the scientific instrument sector, specifically targeting sales and technical positions [2][4][9] - Various companies are recruiting for roles such as Customer Service Engineer, Application Engineer, and Technical Support Engineer, with salary ranges from 6k to 30k [4][11][19] - Job requirements generally include relevant educational backgrounds, such as Master's or Bachelor's degrees in fields like chemistry, biology, and materials science, along with specific experience in instrument operation and customer interaction skills [3][5][10][12] Group 2 - Positions require candidates to have strong communication skills, the ability to work under pressure, and a willingness to travel for work [5][8][10] - Companies are looking for candidates with hands-on experience in laboratory settings, particularly with instruments like ICP-MS, chromatography, and electronic microscopes [6][14][17] - The job market appears competitive, with a focus on candidates who can demonstrate both technical expertise and the ability to engage effectively with clients [13][15][19]

Core Insights - The article discusses the growth of the instrument manufacturing industry in China, highlighting an increase in the number of enterprises and their contribution to the industrial sector [1]. Industry Overview - As of January to April 2025, the number of instrument manufacturing enterprises reached 7,647, an increase of 441 compared to the same period last year, representing a year-on-year growth of 6.12% [1]. - The instrument manufacturing sector accounts for 1.47% of the total industrial enterprises in China [1]. Market Research - The data is sourced from the National Bureau of Statistics and compiled by Zhiyan Consulting, a leading industry consulting firm in China, which specializes in providing in-depth industry research reports and tailored consulting services [1].

Group 1 - The core viewpoint of the article highlights the growth in the number of manufacturing enterprises in China, which reached 483,650 in the first four months of 2025, representing an increase of 15,981 enterprises or a year-on-year growth of 3.42% [1] - The manufacturing enterprises accounted for 93.15% of the total industrial enterprises, indicating a significant concentration in this sector [1] - The data reflects a change in the threshold for scale industrial enterprises, which was raised from an annual main business income of 5 million to 20 million yuan since 2011 [1] Group 2 - The article references a report by Zhiyan Consulting titled "Analysis of the Competitive Landscape and Investment Development Research of China's Manufacturing Industry from 2025 to 2031" [1] - Zhiyan Consulting is noted as a leading industry consulting firm in China, specializing in deep industry research and providing comprehensive consulting services for investment decisions [1]

Summary of the Conference Call on the Scientific Instrument Industry Industry Overview - The scientific instrument industry in China is experiencing growth driven by increasing R&D expenditure, which reached 3.34 trillion yuan in 2023, a year-on-year increase of 8.4% [1][3] - The market for scientific instruments, including mass spectrometry, chromatography, and spectroscopy, exceeds 50 billion yuan, but remains highly dependent on imports, with mass spectrometry and chromatography import rates at 90% and 88% respectively [1][3] Key Insights - The proportion of R&D expenditure to GDP in China has been steadily increasing, reaching 2.6% in 2023, indicating stronger governmental support for technological innovation and a rising demand for high-end scientific instruments [1][3][6] - The mass spectrometry market in China is approaching 20 billion yuan, with a growth rate of approximately 15%, but it is still heavily reliant on imports, particularly from the U.S., which maintains a stable market share of around 20% [1][8][10] - The scientific service industry encompasses research institutions, universities, and innovative enterprises, providing high-tech solutions and third-party testing services, characterized by high technological content and talent concentration [4][5] Market Dynamics - The scientific instrument supply chain consists of three main segments: 1. Reagent and consumables companies (e.g., Titan Technology, Aladdin) 2. Scientific instrument manufacturers (e.g., Focused Photonics, Labtech) 3. Third-party testing service providers (e.g., Huace Testing, Puni Testing) [6] - The increasing focus on domestic scientific instruments due to U.S.-China trade tensions is expected to enhance the market share of domestic manufacturers [3][10] Competitive Landscape - There is a significant gap between Chinese scientific service companies and their overseas counterparts, with leading foreign firms like Merck and Agilent having market capitalizations exceeding 100 billion USD, while only five Chinese companies exceed 10 billion USD in market cap [2][11] - The average gross margin for Chinese companies is 46%, lower than the 52% average for foreign companies, indicating potential for profit margin improvement as domestic companies scale up [11][12] Future Outlook - As penetration rates increase and costs decrease, the gross margins of Chinese scientific service companies are expected to improve, potentially leading to the emergence of new domestic leaders in the industry [12] - Investment recommendations include focusing on companies engaged in R&D and the scientific instrument sector, such as Focused Photonics, Wuyi Technology, and Labtech, which are in the early stages but show significant growth potential [13]

Core Insights - The article discusses the growth of China's instrument manufacturing industry, highlighting significant export value increases in recent years [1] Industry Summary - In April 2025, the total export value of China's instrument manufacturing industry reached 13.96 billion, marking a year-on-year increase of 14.3% [1] - From January to April 2025, the cumulative export value was 52.03 billion, with a year-on-year growth of 15.7% [1] - The data indicates a positive trend in the export market for the instrument manufacturing sector, suggesting robust demand and potential for further growth [1] Company Summary - The article lists several companies in the instrument manufacturing sector, including 创远信科 (831961), 奥迪威 (832491), 同惠电子 (833509), 海能技术 (430476), 新芝生物 (430685), 基康仪器 (830879), 天罡股份 (832651), 驰诚股份 (834407), and 莱赛激光 (871263) [1]

Group 1 - The report highlights that the North Exchange (北交所) has seen a significant institutional preference trend, with the North Index 50 and the North Specialized and Innovative Index reaching historical highs of 1647.01 and 2806.39 points respectively as of September 8, 2025 [2][10][43] - The report indicates that large-cap stocks have outperformed small-cap stocks during the recent market rally, with average gains for different market cap segments showing that stocks over 10 billion have increased by 18.75% [2][12][50] - The report notes that public funds' total holdings in the North Exchange reached a historical high of 22.383 billion yuan, reflecting a year-on-year increase of 265.24% [2][17][19] Group 2 - The report states that the North Exchange has seen a rise in the number and scale of passive index funds, with the North Index 50 fund size reaching 11.322 billion yuan and the number of products increasing to 60 as of September 12, 2025 [2][23][24] - The report mentions that the North Exchange will implement a new securities code "920" for existing stocks starting October 9, 2025, which is expected to enhance market recognition and attract high-quality enterprises [2][29][31] - The report identifies that the average PE ratios for key sectors such as high-end equipment, information technology, and chemical new materials are 45.18X, 109.68X, and 50.59X respectively, indicating varying levels of valuation across industries [2][51][54]

Core Insights - The article discusses the growth of China's instrument and meter manufacturing industry, highlighting significant export value increases in recent years [1][2]. Industry Overview - In May 2025, the total export value of China's instrument and meter manufacturing industry reached 14.68 billion, marking a year-on-year increase of 16.5% [1]. - From January to May 2025, the cumulative export value was 66.66 billion, with a year-on-year growth of 15.8% [1]. Companies Mentioned - The article lists several companies in the industry, including Chuangyuan Xinke (831961), Audiwei (832491), Tonghui Electronics (833509), Haineng Technology (430476), Xinzheng Biological (430685), Bikang Instruments (830879), Tiangang Co., Ltd. (832651), Chicheng Co., Ltd. (834407), and Laisai Laser (871263) [1].

Industry Overview - The number of enterprises in the instrument manufacturing industry reached 7,651 from January to July 2025, an increase of 438 compared to the same period last year, representing a year-on-year growth of 6.07% [1][1][1] - The instrument manufacturing sector accounts for 1.47% of the total industrial enterprises [1][1][1] Company Insights - Listed companies in the instrument manufacturing sector include Chuangyuan Xinke (831961), Audiwei (832491), Tonghui Electronics (833509), Haineng Technology (430476), Xinzheng Biological (430685), Bikang Instruments (830879), Tiangang Co., Ltd. (832651), Chicheng Co., Ltd. (834407), and Laisai Laser (871263) [1][1][1] Market Research - The report titled "2025-2031 China Instrument and Meter Market Supply and Demand Forecast and Future Development Trend Report" was published by Zhiyan Consulting, a leading industry consulting firm in China [1][1][1] - Zhiyan Consulting has been deeply engaged in industry research for over a decade, providing comprehensive industry research reports, business plans, feasibility studies, and customized services [1][1][1]

Group 1 - The core viewpoint of the article highlights the growth in the number of manufacturing enterprises in China, which reached 485,003 from January to July 2025, marking an increase of 15,856 enterprises compared to the same period last year, representing a year-on-year growth of 3.38% [1] - The manufacturing enterprises accounted for 93.13% of the total industrial enterprises, indicating a significant concentration in the manufacturing sector [1] - The data is sourced from the National Bureau of Statistics and compiled by Zhiyan Consulting, a leading industry consulting firm in China, known for its in-depth industry research reports and market insights [1] Group 2 - The article mentions several listed companies in the manufacturing sector, including BYD, CIMC Vehicles, Dongfeng Motor, Yutong Bus, and others, indicating a diverse range of players in the industry [1] - Zhiyan Consulting has been dedicated to industry research for over a decade, providing comprehensive consulting services such as feasibility studies and customized reports to support investment decisions [1] - The report titled "Analysis of the Competitive Landscape and Investment Development Research of China's Manufacturing Industry from 2025 to 2031" suggests a focus on future trends and investment opportunities within the manufacturing sector [1]