Company Overview - Shandong Fengqing Intelligent Equipment Technology Co., Ltd. has been established with a registered capital of 10 million RMB [1] - The legal representative is Zhu Lianliang, and the company is wholly owned by Zibo Dingyi Fanglue Enterprise Management Co., Ltd. [1] Business Scope - The company’s business scope includes technology services, development, consulting, and transfer, as well as manufacturing and sales of industrial control systems, computer hardware and software, and intelligent robots [1] - Additional activities include maintenance of electronic and mechanical equipment, manufacturing and sales of various products such as plastics and rubber, and environmental management services [1] Regulatory Information - The company is classified under the national standard industry of scientific research and technical services, specifically in engineering and technical research and experimental development [1] - The business license allows for operations in various sectors, subject to approval from relevant authorities [1]

Core Viewpoint - Company has achieved significant success in the intelligent equipment sector by winning multiple key projects, showcasing its strong product and service capabilities [1][2]. Group 1: Recent Achievements - Company has won the bid for the "Overseas Rubber Tire Construction Project Hydraulic Vulcanizing Machine Equipment" from Wanli Tire, with a contract value of 91.92 million RMB (excluding tax) [1]. - The company’s self-developed "OPS Electric Spark Processing Machine Tool Series" has also won bids for critical projects from China Aviation Engine Corporation, indicating its high precision and reliability [1]. Group 2: Strategic Focus - Company has consistently positioned the intelligent equipment sector as a core strategic direction, investing heavily in technology innovation and product upgrades over the years [2]. - The establishment of a wholly-owned subsidiary, "Oujisuo Machine Tool (Guangdong) Co., Ltd.," demonstrates the company's commitment to enhancing its competitive edge in the intelligent equipment field [2]. Group 3: Market Recognition and Future Outlook - The recent bids not only provide substantial economic benefits but also enhance the company's brand recognition and reputation in the industry [2]. - The intelligent equipment sector will remain a strategic focus for the company, with plans to leverage its integrated development advantages in key components and automation [3]. - The industry outlook is optimistic, with analysts predicting strong growth in high-end machinery and domestic component manufacturing, positioning the company favorably for future success [3].

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Viewpoints - The report emphasizes the need to break the "involutionary" competition in the agricultural sector, suggesting that high-quality, low-cost leading companies may benefit from this shift [3] - The report highlights the importance of technological innovation and the integration of agricultural resources to create a sustainable ecosystem that empowers farmers and drives continuous innovation [6][7] - The report anticipates that the pig farming market, valued at trillions, will see opportunities for technology-driven enterprises that can navigate the challenges of the industry [6] Summary by Sections Production Capacity - As of May, the national breeding sow inventory was 40.42 million heads, a year-on-year increase of 1.15% and a month-on-month increase of 0.1% [5] - The Ministry of Agriculture and Rural Affairs is focusing on stabilizing pig prices and controlling production capacity among leading enterprises [5] Market Performance - The price of live pigs reached a new high of 15.08 yuan/kg on July 1, attributed to a reduction in supply and the release of previous weight reduction pressures [7] - The white-feathered chicken market is experiencing a contradiction of "high capacity, weak consumption," but overall industry growth is expected to continue [8] Investment Recommendations - The report suggests that leading companies in the seed industry, particularly those with advanced research capabilities, are likely to see sustained performance growth [11] - The pet economy is highlighted as having strong consumer resilience and significant growth potential, with a favorable market structure [10] Industry Trends - The report notes that the agricultural industry is moving towards a model that emphasizes biotechnology, smart equipment, and low-carbon agriculture as key areas for future development [7] - The feed industry is characterized as a service-oriented sector with opportunities and risks, requiring companies to balance scale and flexibility [9]

前言 英伟达+算力，英伟达细分领域核心部件供应商，智能装备客户包括华为、大族激光，车载产品已累计发 货60万余台，这家公司已在多国建立海外工厂。 《电报解读》是一款主打时效性和专业性的即时资讯解读产品。侧重于挖掘重要事件的投资价值、分析 产业链公司以及解读重磅政策的要点。即时为用户提供快讯信息对市场影响的投资参考，将信息的价值 用专业的视角、朴素的语言、图文并茂的方式呈现给用户。 ...

Core Insights - The article highlights the dedication and expertise of Luo Zhuohong, a national-level skill master, in the field of aviation engine maintenance, emphasizing the importance of foundational skills and rigorous training for young technicians [1][2][3] Group 1: Training and Skill Development - The national-level skill master studio focuses on cultivating high-skilled talent in the intelligent equipment sector, which is rapidly evolving and requires advanced professional skills and innovative capabilities [4] - Luo Zhuohong has developed a specific training methodology called "Four Diligent and One Keen, Seven Musts and One Not Left Behind," aimed at enhancing the quality of work among young service personnel [5] - The studio has successfully trained 16 members, with 8 becoming technical backbones, 5 becoming skill backbones, and 3 achieving "dual-teacher" status, showcasing the effectiveness of the training programs [6] Group 2: Industry Trends and Requirements - The new generation of skilled workers must possess a combination of technical abilities, continuous learning capacity, and problem-solving skills to adapt to the evolving industry landscape [8] - The skill master studio plays a crucial role in leading the training of skilled craftsmen by sharing valuable experiences and innovative methods to tackle technical challenges in the equipment sector [9] Group 3: Embracing Technological Advancements - The studio is actively engaging in the development of intelligent technologies, including smart identification for hole detection, infrared thermal imaging, and 3D printing, with several achievements already implemented in practice [9][10] - There is a commitment to utilizing big data technology for equipment fault analysis and performance calculations, aligning with the industry's shift towards automation and intelligence [9]

招股书显示，本次冲击上市，尚水智能拟募集资金约5.87亿元，扣除发行费用后拟投资于高精智能装备 华南总部制造基地建设项目、研发中心建设项目、补充流动资金，拟投资金额分别约为2.28亿元、2.09 亿元、1.5亿元。 北京商报讯（记者 马换换 王蔓蕾）科创板IPO折戟一年后，深圳市尚水智能股份有限公司（以下简 称"尚水智能"）又一次站到A股门前，公司本次欲"转战"创业板上市。6月19日晚间，深交所官网显示， 尚水智能创业板IPO获得受理。 据了解，尚水智能深耕智能装备行业十余年，构建了以"核心单机+智能控制系统+工艺包"为体系的综 合技术能力，主营业务围绕微纳粉体处理、粉液精密计量、粉液混合分散、功能薄膜制备等核心工艺环 节展开，产品可广泛用于新能源电池、新材料、化工、食品、医药、半导体等行业。目前公司主要面向 新能源电池极片制造及新材料制备领域，专业从事融合工艺能力的智能装备的研发、设计、生产与销 售。 2022—2024年，尚水智能实现营业收入分别约为3.97亿元、6.01亿元、6.37亿元；对应实现归属净利润 分别约为9772.15万元、2.34亿元、1.53亿元。 在此次冲击创业板上市之前，尚水智能还曾 ...

| | □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） | | | | | | 参与者 | 网络投资者 | | | | | | 时间 | 2025 年 15:00—17:00 | 5 | 月 | 19 | 日 | | 地点 | 全景网"全景•路演天下"投资者互动平台（http://rs. p5w.net） | | | | | | 上市公司 | 董事长、总经理：郭洪涛先生 | | | | | | | 独立董事：韩霞女士 | | | | | | 接待人员姓名 | 董事、财务总监：余之森先生 | | | | | | | 董事会秘书、副总经理：魏巍先生 | | | | | | | 2025 年 5 月 19 日在全景网站的"全景•路演天下" | 公司于 | | | | | 投资者关系活动 | 举办了 年度网上业绩说明会。网络投资者 ...

Group 1: Financial Performance - The company's gross profit margin for 2024 is 13.83%, showing a significant decline compared to 2023 and 2022 [5] - In Q1 2025, the company reported a revenue of 115.78 million yuan, a decrease of 2.35% year-on-year, with a net loss of 1.51 million yuan, down 555.15% from the previous year [6] - The company's issued goods increased by 18.13 million yuan compared to the previous year, primarily due to AGV robot solutions still in the debugging and acceptance phase [6] Group 2: Strategic Development Plans - The company aims to become a leader in automotive smart interior components, focusing on three product series: smart mechanisms, smart lighting, and smart imaging [6] - Plans include enhancing R&D for new energy vehicle components and improving product quality and competitiveness to capture market opportunities [7] - The company will integrate systems like PLM, MES, and WMS to achieve full-process visualization and digital management, enhancing production automation [7] Group 3: R&D and Innovation - In 2024, R&D expenses amounted to 33.12 million yuan, representing 4.60% of revenue, with a significant increase in patents: 37 invention patents (up 208.33%) and 208 total patents (up 12.43%) [8] - The company is developing new products such as smart electric air vents and industrial cleaning robots, aiming to adapt to the intelligent transformation in the automotive and robotics industries [8] Group 4: Market Expansion and Customer Base - The company has expanded its customer base to include international clients like ZF in Germany and Scania in Sweden, as well as domestic clients like Dongfeng and Li Auto [9] - The company’s AGV business has diversified its application areas beyond automotive manufacturers to include logistics and parts suppliers [10] Group 5: Shareholder and Fundraising Information - The total amount raised from public offerings was 101.20 million yuan, with a net amount of 85.76 million yuan after deducting issuance costs [11] - The company has fully utilized the raised funds for its projects, which are now in orderly production [11]

Group 1 - The conference held in Chengdu's Xinjin District focused on promoting high-quality development of the private economy, attracting nearly 500 guests and industry experts [1] - Liu Yonghao, Chairman of New Hope Group, shared insights on the company's 43-year journey in agriculture, emphasizing the importance of modernizing agriculture and improving farmers' livelihoods [3] - Xinjin District released its first innovation list for 2025, covering six key areas including artificial intelligence and green food, aimed at addressing government and market needs [3] Group 2 - The conference included a signing ceremony for projects with a total investment exceeding 10 billion, involving 16 companies such as China Resources Beverage and Zhiki Food, injecting new vitality into the local economy [3] - Xinjin's private economy accounted for 66.3% of its GDP in 2024, ranking first in Chengdu, with a contribution of 94.4% to GDP and 75.6% to tax revenue [4] - The district plans to enhance market opportunities, eliminate hidden barriers, and promote efficient resource allocation to foster a fair competitive environment for market entities [4]

Group 1 - Company signed an investment cooperation agreement for the construction of a new energy special vehicle and intelligent equipment industrial base with a total investment of 1 billion yuan [1][2] - The project is located in the Jiangsu Province Zhonglou High-tech Industrial Development Zone, with an expected construction period of 24 months and a total building area of 80,000 square meters [2][3] - The project is expected to start construction by the end of December 2025 [2][3] Group 2 - The agreement was approved by the company's board and the annual general meeting, and it does not constitute a related party transaction or a major asset restructuring [2] - The local government will provide support in terms of environmental, fire safety, and tax matters to facilitate the project [3][4] - The company is required to pay all land transfer fees and related taxes, and to meet specific tax revenue targets during the project's operation [3][4] Group 3 - The agreement includes provisions for breach of contract, with penalties for both parties in case of non-compliance [4] - The project is expected to have a positive impact on the company's future operating performance and market expansion [4]