证券代码：920931 证券简称：无锡鼎邦 公告编号：2025-089 无锡鼎邦换热设备股份有限公司 第三届董事会第十三次会议决议公告 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、会议召开和出席情况 （一）会议召开情况 7.召开情况合法、合规、合章程性说明： 1.会议召开时间：2025 年 10 月 13 日 2.会议召开地点：公司会议室 3.会议召开方式：现场 4.发出董事会会议通知的时间和方式：2025 年 9 月 30 日以书面方式发出 5.会议主持人：董事长王仁良先生 6.会议列席人员：董事会秘书 本次董事会的召集、召开程序符合《公司法》等法律、法规、规章及《公司 章程》的规定，合法有效。 （二）会议出席情况 会议应出席董事 7 人，出席和授权出席董事 7 人。 二、议案审议情况 （一）审议通过《关于选举公司非独立董事》 1.议案内容： 根据公司发展需要，公司提名潘佳先生为公司第三届董事会非独立董事候选 人，任期自股东会审议通过之日起至第三届董事会届满之日止。 经核查，潘佳先生未被纳入失 ...

Core Points - The Beijing Stock Exchange (BSE) has undergone a significant transformation with the complete replacement of stock codes, introducing a new series starting with "920" for all listed companies, enhancing their identification and recognition [1][3][5] - This change marks a milestone for the BSE, aligning it with other major boards like the Sci-Tech Innovation Board and the Growth Enterprise Market, which have distinct identifiers for their stocks [3][5] - Since its establishment in September 2021, the BSE has seen its total market capitalization approach 900 billion yuan, indicating substantial growth and development within a short period [5][7] Summary by Categories Stock Code Change - A total of 277 stocks on the BSE have transitioned to new stock codes beginning with "920," replacing the old codes that were reminiscent of the New Third Board era [1][3] - The new codes will improve the user experience for investors, making it easier to identify BSE-listed companies at a glance, similar to how investors recognize stocks on other boards [3][5] Market Position and Growth - As of August 28, 2025, approximately 54.38% of companies listed on the BSE are classified as "specialized and innovative small giant" enterprises, highlighting the exchange's focus on supporting innovative small and medium-sized enterprises [7] - The introduction of the "920" code serves as a strong market signal, indicating that the BSE is confidently moving forward as a nurturing ground for innovative and specialized businesses [7]

Market Overview - On October 9, the Shanghai Composite Index rose by 1.32%, with the total margin financing balance reaching 24,455.47 billion yuan, an increase of 513.90 billion yuan compared to the previous trading day [1] - The margin financing balance in the Shanghai market was 12,444.12 billion yuan, up by 250.19 billion yuan; in the Shenzhen market, it was 11,936.21 billion yuan, up by 262.75 billion yuan; and in the Beijing Stock Exchange, it was 75.14 billion yuan, up by 0.96 billion yuan [1] Industry Analysis - Among the 30 industries tracked by Shenwan, the electronic industry saw the largest increase in financing balance, rising by 109.33 billion yuan, followed by the non-ferrous metals and power equipment industries, which increased by 66.47 billion yuan and 58.66 billion yuan, respectively [1] Stock Performance - A total of 2,571 stocks experienced an increase in financing balance, accounting for 69.02% of the market, with 637 stocks seeing an increase of over 5% [1] - The stock with the largest increase in financing balance was C Yunhan, which saw a balance of 1.17 billion yuan, up by 119.60%, and its stock price rose by 40.89% on the same day [1] - Other notable stocks with significant increases in financing balance included Yutong Technology and Yandong Micro, with increases of 99.52% and 70.68%, respectively [1] Top Gainers and Losers - Among the top 20 stocks with the largest increase in financing balance, the average increase in stock price was 9.70%, with C Yunhan, Changfu Co., and Yingjie Electric leading with increases of 40.89%, 29.99%, and 20.01%, respectively [2] - Conversely, the stocks with the largest declines included Digital Human, Kewo Si, and Songyuan Safety, with declines of 8.73%, 4.70%, and 4.01%, respectively [2] Financing Balance Changes - The top 20 stocks with the largest increase in financing balance included C Yunhan, Yutong Technology, and Yandong Micro, with financing balances of 11,706.97 million yuan, 10,922.83 million yuan, and 64,895.42 million yuan, respectively [3] - The stocks with the largest decrease in financing balance included Kangle Health, which saw a decline of 48.70%, and Wuxi Dingbang and Fangsheng Co., which declined by 32.27% and 31.51%, respectively [5]

Market Overview - On September 30, the Shanghai Composite Index rose by 0.52%, while the total margin balance in the market decreased to 239.42 billion yuan, a reduction of 34.60 billion yuan from the previous trading day [1] - The margin balance in the Shanghai Stock Exchange was 121.94 billion yuan, down by 15.11 billion yuan; in the Shenzhen Stock Exchange, it was 116.73 billion yuan, down by 19.29 billion yuan; and in the Beijing Stock Exchange, it was 7.42 billion yuan, down by 0.21 billion yuan [1] Industry Analysis - All industries under the Shenwan classification saw a decrease in margin balances, with the largest reductions in non-bank financials, telecommunications, and electrical equipment, which saw decreases of 3.74 billion yuan, 3.70 billion yuan, and 3.39 billion yuan respectively [1] Individual Stock Performance - Among the stocks with increased margin balances, 884 stocks saw growth, accounting for 23.74% of the total, with 166 stocks having an increase of over 5% [1] - The stock with the highest increase in margin balance was Fuan Energy, which had a latest margin balance of 257.41 million yuan, reflecting a 106.79% increase from the previous trading day, and its stock price rose by 4.59% [1] - Other notable stocks with significant margin balance increases included Wuxi Dingbang and Xun'an Technology, with increases of 60.10% and 58.60% respectively [1] Top Gainers and Losers - The top 20 stocks by margin balance increase averaged a rise of 3.95%, with notable gainers including Songyuan Safety, Pinming Technology, and Hezhuan Intelligent, which rose by 20.00%, 18.60%, and 10.02% respectively [2] - Conversely, the top losers included Jingyi Equipment, Donghua Technology, and Chengfa Environment, which fell by 6.21%, 5.19%, and 4.96% respectively [2] Margin Balance Decrease - A total of 2839 stocks experienced a decrease in margin balances, with 485 stocks seeing declines of over 5% [4] - The stock with the largest decrease in margin balance was C Haocreat, which saw a reduction of 33.54%, bringing its latest margin balance to 47.07 million yuan [5] - Other significant declines were noted in stocks such as Boxun Biology and Taipeng Intelligent, with decreases of 32.09% and 28.87% respectively [5]

Group 1 - The core viewpoint of the article highlights the growth of industrial enterprises in Jiangsu Province, with a total of 70,970 enterprises reported from January to August 2025, marking an increase of 3,196 enterprises compared to the same period last year, representing a year-on-year growth of 4.72% and accounting for 13.61% of the national total [1][1][1] Group 2 - The report referenced is the "2025-2031 China Industrial Cloud Industry Market Deep Assessment and Investment Opportunity Forecast Report" published by Zhiyan Consulting, indicating a focus on the industrial cloud sector [1] - The data regarding the number of industrial enterprises in Jiangsu Province is sourced from the National Bureau of Statistics and organized by Zhiyan Consulting, emphasizing the reliability of the statistics [1][1]

Group 1 - Canon Technology (佳能科技) has withdrawn its IPO application for the Beijing Stock Exchange, which was previously in a "suspended" review status since June 30, 2025 [1] - The company aimed to raise 248 million yuan through its IPO for projects including an industrial vibration damping safety system, energy-saving heat transfer equipment manufacturing, a research and development center, and working capital [1] - The company experienced a significant decline in performance, reporting a revenue of 120 million yuan in the first half of 2023, a year-on-year decrease of 34.37%, and a net profit of 10.34 million yuan, down 57.74% year-on-year [1] Group 2 - Canon Technology was established in 1998 and focuses on the research, design, production, and sales of energy-saving and environmentally friendly heat exchange equipment and pipeline support products [3] - The company was listed on the New Third Board in August 2019 and is controlled by its chairman, Yang Liyong, who holds 61.23% of the voting rights [3] - The company’s metal products revenue has significantly decreased, with reported revenues of 32.68 million yuan, 13.29 million yuan, 4.77 million yuan, and 0.31 million yuan over the reporting periods, primarily from sales to Shandong Qihe Biotechnology Co., Ltd. [3][4] Group 3 - Canon Technology has engaged in the production of sterilization culture racks, which are essential for Shandong Qihe's operations in the edible fungus industry, requiring precise standards and automation capabilities [4] - The company assisted a client in obtaining a loan for operational needs, which involved a contract worth approximately 25.05 million yuan for the sale of culture and sterilization racks [5] - Canon Technology holds a minor stake in Zibo Zichuan Rural Commercial Bank, with its actual controller serving as a supervisor at the bank [5]

无锡鼎邦换热设备股份有限公司 关于完成工商变更登记并取得营业执照的公告 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、基本情况 证券代码：872931 证券简称：无锡鼎邦 公告编号：2025-087 住所： 无锡市锡山区安镇镇吼山南路 29 号 经营范围：生产 A2 级第三类低、中压容器；生产空气冷却换热设备、机械 无锡鼎邦换热设备股份有限公司（以下简称"公司"）于 2025 年 8 月 15 日 召开第三届董事会第十一次会议、2025 年 9 月 10 日召开 2025 年第二次临时股 东会，审议通过了《关于取消监事会、调整董事会人数并修订<公司章程>的议 案》，具体内容详见于 2025 年 8 月 15 日在北京证券交易所指定信息披露平台 （https://www.bse.cn）披露的《关于取消监事会、调整董事会人数并修订<公司 章程>的公告》（公告编号：2025-076）及 2025 年 9 月 11 日披露的《2025 年第 二次临时股东会决议公告》（公告编号：2025-085）。 二、 ...

Investment Rating - The report assigns a price-to-earnings (P/E) ratio of 11.74 times for the upcoming issuance of shares [1]. Core Viewpoints - Changjiang Energy Technology (920158.BJ) is recognized as a leading player in the electric dehydration equipment market, holding the largest market share domestically. The company focuses on the design, research and development, manufacturing, and service of specialized equipment for the energy and chemical industries [1][12]. - The company has shown a compound annual growth rate (CAGR) of 20% in revenue over the past two years, with a CAGR of 10% in net profit attributable to the parent company [3]. - The demand for electric dehydration equipment is rapidly increasing due to the implementation of integrated refining policies and equipment replacement policies, which are expected to shorten the replacement cycle of such equipment [2][38]. Summary by Sections Company Overview - Changjiang Energy Technology is a national-level specialized and innovative "little giant" enterprise, primarily engaged in electric dehydration equipment, separation equipment, heat exchange equipment, storage equipment, carbon capture equipment, and hydrogen energy equipment [1][12]. - The company has achieved significant recognition in the industry, with a strong reputation and stable high-quality customer resources, including major clients like Sinopec and CNOOC [20]. Financial Performance - The company's revenue for 2022, 2023, and 2024 is projected to be 2.19 billion, 3.48 billion, and 3.14 billion RMB respectively, with net profits of 40.68 million, 40.85 million, and 49.16 million RMB [1][12]. - In the first half of 2025, the company reported a revenue of 1.3 billion RMB, a year-on-year decrease of 6.23%, while net profit increased by 4.02% to 18.24 million RMB [1]. Market Demand - The market for petroleum refining and petrochemical equipment in China has grown from 484.9 billion RMB in 2018 to 715.1 billion RMB in 2023, with a compound annual growth rate of approximately 8.08% [2]. - The electric dehydration equipment market is expected to reach a domestic scale of 10 billion RMB over the next five years, with a global market size projected to be around 3.5 billion RMB [38]. Competitive Position - The company holds a leading position in the electric dehydration equipment market, with a market share ranking first in China from 2021 to 2023 [16][18]. - Key competitors include international firms such as Schlumberger Limited and Forum Energy Technologies, as well as domestic companies like Luoyang Zhengyuan Petrochemical Co., Ltd. and Jiangsu Jinmen Energy Equipment Co., Ltd. [24][25]. Research and Development - The company has obtained 17 invention patents and 44 utility model patents, with several technological achievements recognized as internationally advanced or leading [1][13]. - The company emphasizes technological innovation and has established several research and development platforms, including a key enterprise research institution in Jiangsu Province [13].

Investment Rating - The report suggests to "pay attention" to the company [2][34]. Core Viewpoints - Changjiang Energy Science and Technology is a leading domestic player in electric dehydration equipment, widely used in marine engineering and clean energy sectors [1][14]. - The company has a strong market position, holding the number one market share in electric dehydration equipment in China from 2021 to 2023 [2][19]. - The company plans to use the funds raised from the IPO to invest in projects that will increase production capacity for heavy special materials and oil and gas engineering equipment [2][12]. Summary by Sections Initial Issuance - The company plans to issue 30 million shares at a price of 5.33 yuan per share, with an initial market capitalization of 14.97 times earnings [2][5]. - The total number of shares after issuance will be 138.08 million, with the issuance accounting for 21.73% of the total [2][5]. Business Overview - The core product is electric dehydration equipment, which is critical for oil extraction and refining processes [14][19]. - The company has established long-term relationships with major clients such as Sinopec and PetroChina, with the top five clients accounting for approximately 86% of revenue in 2024 [27][30]. Financial Performance - The company expects revenue for the first nine months of 2025 to be between 200 million and 230 million yuan, representing a year-on-year growth of 0.78% to 15.90% [34]. - The net profit for the same period is projected to be between 33 million and 36 million yuan, with a growth rate of 3.62% to 13.04% [34]. Industry Insights - The global market for refining and chemical equipment is expanding, with China's market expected to reach 979.2 billion yuan by 2028 [41][42]. - China's refining capacity is projected to become the largest in the world by 2024, with significant growth in oil and gas engineering equipment orders [41][43].

Group 1 - The Beijing Stock Exchange (BSE) will switch to new stock codes for existing listed companies starting from October 9, 2025, with a total of 248 stocks affected [1] - Investors will use the new codes for trading, market inquiries, and business handling related to existing stocks [1] - The BSE has prepared a correspondence table for the old and new codes, which can be accessed on its official website [1] Group 2 - Companies are advised to coordinate with the BSE to ensure proper business preparations and minimize ongoing business during the code switch period [1] - Normal business operations for other listed companies will continue unaffected during this transition [1]