证券研究报告 | 公司点评 gszqdatemark 2025 05 08 年 月 日 青鸟消防（002960.SZ） 消防产品新国标开始实施，龙头份额有望提升 事件：2025 年 5 月 1 日，三项消防产品新国标开始实施，包括《火灾报 警控制器》（GB 4717—2024）、《《点感烟火火灾测器器》（GB 4715—2024）、 《消防应急照明和疏散指示系统》（GB 17945—2024）。 新国标将进一步提升产品性能和质量，为具备技术储备的龙头企业创造竞 争优势。此次新国标在技术上较之前的标准有了显著进步，并且更加突出 了智能化与整合，以及环保与安全标准。与国际标准相比，根据消防百事 通引用的应急管理部沈阳消防研究所丁宏军研究员介绍，GB4715 和 GB4717 提升了可变数值要求、污染报警要求、网络通讯要求，这部分已 经超越了国际标准，为未来物联网建设以及智慧消防建设奠定了基础。我 们认为，新国标的发布造成的短期清库存压力已在过去一年内得到较充分 的消化，自新国标开始实施后，青鸟消防等行业龙头有望通过行业集中度 提升、存量改造需求释放及技术壁垒强化，进一步提升市场份额。 工业消防业务高速增长，国产替 ...

Core Viewpoint - The company has demonstrated strong growth in revenue and profit, with a focus on expanding its product offerings in the smart transportation and IoT sectors, while also addressing challenges in profitability and market competition [2][5][9]. Financial Performance - In 2024, the company achieved operating revenue of 1.402 billion yuan, an increase of 24.85% year-on-year, and a net profit attributable to shareholders of 176 million yuan, up 0.81% from the previous year [2]. - In Q1 2025, the company reported operating revenue of 348 million yuan, a 40.28% increase year-on-year, with a net profit of 40 million yuan, reflecting a 14.42% increase [2]. Product Development and Market Expansion - The company is actively developing products in the smart connected vehicle sector, leveraging its expertise in communication, positioning, storage, and AI algorithms to create advanced vehicle-mounted video recorders with features like ADAS and DSM [1]. - The company is focusing on the commercial vehicle monitoring market, where it anticipates a shift from traditional to smart video recording devices, and is expanding its presence in overseas markets such as the EU and the Americas [2][5]. - In the smart mobility sector, the company aims to capitalize on the growing demand for electric bicycles and enhance its product offerings in smart sleep technology to drive revenue growth [2]. Competitive Landscape - The company faces challenges in maintaining profitability in its smart mobility products, with a reported gross margin of 8.52% in 2024, down from 16.78% in 2023, attributed to increased competition and pricing pressures [5]. - The company is committed to optimizing its product structure and improving operational efficiency to enhance profitability in the face of market competition [5]. Technological Integration - The company is integrating AI technologies, such as DeepSeek, into its product offerings to enhance functionality and user experience, although these efforts are still in the prototype development stage [7]. - The company positions itself as a provider of comprehensive IoT solutions, covering everything from core technology to end-user applications, thereby differentiating itself from competitors [8]. International Market Strategy - The company has seen an increase in export revenue, reaching 327 million yuan in 2024, accounting for 23.35% of total revenue, with a focus on markets in Africa and Southeast Asia [9]. - The company has implemented measures to mitigate the impact of currency fluctuations on its performance, benefiting from positive exchange rate movements in 2024 [10].

数据来源：天眼查APP 证券之星消息，根据天眼查APP数据整理，近日，深圳强瑞卡仕标技术有限公司成立，法定代表人为尹 揆，注册资本1000万元，经营范围包含：互联网销售(除销售需要许可的商品)；互联网设备销售；互联 网安全服务；工业设计服务；工业机器人安装、维修；软件开发；工业控制计算机及系统制造；工业自 动控制系统装置制造；工业自动控制系统装置销售；工业控制计算机及系统销售；物联网应用服务；数 字技术服务；信息系统集成服务；广告设计、代理；信息咨询服务(不含许可类信息咨询服务)；广告发 布；人工智能公共服务平台技术咨询服务；计算机软硬件及外围设备制造；数据处理和存储支持服务； 云计算设备销售；专业设计服务；物联网设备制造；物联网设备销售；物联网技术研发；人工智能应用 软件开发；网络与信息安全软件开发；轴承、齿轮和传动部件制造；轴承、齿轮和传动部件销售；人工 智能行业应用系统集成服务；技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；数据 处理服务；金属工具制造；金属工具销售；信息安全设备销售；服务消费机器人制造；服务消费机器人 销售；销售代理；智能车载设备制造；电子(气)物理设备及其他电子设备制造 ...

天眼查App显示，近日，句容市容态农业科技发展有限公司成立，法定代表人为石秀云，注册资本8000 万人民币，由句容市容业工程建设有限公司全资持股。 序号股东名称持股比例1句容市容业工程建设有限公司100% 经营范围含许可项目：互联网信息服务；互联网上网服务；计算机信息系统安全专用产品销售；网络文 化经营（依法须经批准的项目，经相关部门批准后方可开展经营活动，具体经营项目以审批结果为准） 软件开发；信息安全设备销售；信息技术咨询服务；信息系统运行维护服务；信息系统集成服务；物联 网技术服务；人工智能公共服务平台技术咨询服务；网络技术服务；人工智能应用软件开发；科技推广 和应用服务；网络设备销售；云计算设备销售；信息咨询服务（不含许可类信息咨询服务）；技术服 务、技术开发、技术咨询、技术交流、技术转让、技术推广；互联网安全服务；网络与信息安全软件开 发；工业控制计算机及系统销售；工业互联网数据服务；电子测量仪器销售；光通信设备销售；智能农 业管理；互联网设备销售；技术推广服务；轨道交通专用设备、关键系统及部件销售；移动通信设备销 售；数字技术服务；通信设备销售；农林废物资源化无害化利用技术研发；特殊作业机器人制造 ...

企业名称九域科技（苏州）有限公司法定代表人郗琳注册资本200万人民币国标行业制造业>电气机械 和器材制造业>其他电气机械及器材制造地址中国（江苏）自由贸易试验区苏州片区苏州工业园区胜浦 路300号1103室企业类型有限责任公司(自然人投资或控股)营业期限2025-5-7至无固定期限登记机关苏州 工业园区行政审批局 来源：金融界 天眼查App显示，近日，九域科技（苏州）有限公司成立，法定代表人为郗琳，注册资本200万人民 币，苏州君德企业管理咨询有限公司、九界（淮安）科技有限公司持股。 序号股东名称持股比例1苏州君德企业管理咨询有限公司60%2九界（淮安）科技有限公司40% 经营范围含技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；智能机器人销售；智能 机器人的研发；人工智能硬件销售；人工智能行业应用系统集成服务；电子专用设备销售；物联网技术 服务；物联网设备销售；物联网技术研发；互联网销售（除销售需要许可的商品）；互联网数据服务； 信息系统集成服务；工业控制计算机及系统销售；通信设备销售；工业设计服务；电子元器件与机电组 件设备销售；企业管理咨询；信息技术咨询服务；国内货物运输代理；国内集装箱货物 ...

Core Viewpoint - The company, Yunli Technology, reported a revenue of 198 million yuan for 2024, marking a year-on-year growth of 4.77%, and a net profit attributable to shareholders of 22.47 million yuan, indicating a focus on product innovation and market expansion in the electronic label sector [1][4]. Group 1: Financial Performance - In 2024, the company achieved a revenue of 198 million yuan, a 4.77% increase from 2023 [4]. - The gross profit margin was 44.59%, an increase of 0.69 percentage points compared to the previous year [1][4]. - The net profit attributable to shareholders decreased by 17.14% to 22.47 million yuan [4]. - Basic earnings per share fell by 15.15% to 0.28 yuan [4]. Group 2: Product and Market Development - The electronic label product division saw significant growth, with revenue reaching 18.48 million yuan, a 93.54% increase year-on-year [1]. - A strategic partnership was formed with a well-known domestic food retail brand to implement electronic price tag technology in a pilot smart retail store in Shanghai [1]. Group 3: Research and Development - The company invested 28.71 million yuan in R&D in 2024, accounting for 14.53% of its revenue, which is a 29.70% increase from 2023 [2]. - The total number of patents granted reached 180, with 38 new patents added [2]. - The R&D team expanded to 140 members, making up 30.3% of the total workforce [2]. Group 4: Shareholder Returns and Buybacks - The company has consistently prioritized returns to small and medium investors, with cash dividends of 896.70 thousand yuan in 2023 and a planned 970.11 thousand yuan in 2024 [2]. - Two share buyback programs were executed, with the first in May 2024 totaling 1.50 million yuan and the second in August 2024 with a planned range of 750 thousand to 1.50 million yuan [3]. Group 5: Industry Outlook - The global IoT market is projected to grow significantly, with an estimated 40 billion IoT devices by 2030, indicating a favorable environment for the company's continued R&D and capacity expansion [3].

产品采用解决方案是指企业或组织为了满足特定需求或解决特定问题，选择并采用一系列产品、技术和服 务的综合方案。这些产品、技术和服务相互配合，共同提供一个完整的解决方案，以满足客户的需求。 产品采用解决方案的优势在于它能够提供一个综合性的解决方案，满足客户的多个需求。相比于单一产品 的采购，采用解决方案可以提供更高的整体性能和更好的用户体验。此外，产品采用解决方案还可以提供 更好的集成性和兼容性，确保各个组成部分之间的协调和互操作。 产品采用解决方案的应用领域分析 信息技术（IT）领域：在IT领域，产品采用解决方案可以包括硬件设备、软件应用和云服务等。例如，企 业可以采用一套完整的IT解决方案来满足其网络、数据存储和安全等需求。 制造业：在制造业中，产品采用解决方案可以涉及到生产设备、自动化系统和数据分析工具等。企业可以 采用一整套解决方案来提高生产效率、优化供应链管理和实现智能制造。 医疗保健：在医疗保健领域，产品采用解决方案可以包括医疗设备、电子病历系统和远程医疗服务等。医 疗机构可以采用综合的解决方案来提高诊断准确性、改善患者护理和加强医疗数据管理。 零售业：在零售业中，产品采用解决方案可以涉及到POS系统 ...

据QYResearch调研团队最新报告"全球半导体用氯硅烷市场报告2025-2031"显示，预计2031年全球半导体用氯硅烷市 场规模将达到12.6亿美元，未来几年年复合增长率CAGR为8.2%。 全球 半导体用氯硅烷 市场前 23 强生产商排名及市场占有率（基于 2024 年调研数据；目前最新数据以本公 司最新调研数据为准） 氯硅烷是硅烷（SiH₄）中的氢原子被氯原子取代后形成的一类化合物。在半导体领域，常用的氯硅烷有三氯氢硅 （SiHCl₃）、二氯二氢硅（SiH₂Cl₂）等。它们是半导体及电子工业的核心特种气体，作为关键硅源气体，通过化学 气相沉积（CVD）等工艺，在衬底上沉积出高质量的硅薄膜，从而实现半导体器件的制造。 半导体用氯硅烷，全球市场总体规模 来源： QYResearch 电子及半导体研究中心。行业处于不断变动之中，最新数据请联系 QYResearch 咨询。 根据QYResearch头部企业研究中心调研，全球范围内半导体用氯硅烷生产商主要包括Wacker、Air Liquide、Shin- Etsu、Tokuyama、SK Specialty等。2024年，全球前五大厂商占有大约45.0%的 ...

年报显示，公司实际控制人为NORMAN SHENGFA HU(胡胜发)，美国国籍。 2025年第一季度报告显示，今年第一季度，公司实现营业收入1.02亿元，同比减少8.10%；归属于 上市公司股东的净利润-2210.24万元，上年同期为-490.81万元；归属于上市公司股东的扣除非经常性损 益的净利润-2210.42万元，上年同期为-721.84万元；经营活动产生的现金流量净额-6116.84万元，上年 同期为-3257.25万元。 中国经济网北京5月7日讯 安凯微(688620.SH)日前发布2024年年度报告。2024年，公司实现营业收 入5.27亿元，同比减少7.94%；归属于上市公司股东的净利润-5676.82万元，同比减少311.48%；归属于 上市公司股东的扣除非经常性损益的净利润-6239.42万元，同比减少945.74%；经营活动产生的现金流 量净额-5998.89万元，同比减少428.78%。 2023年6月27日，安凯微在上交所科创板上市，发行新股39,200.00万股，发行价格10.68元/股。安 凯微的保荐机构(主承销商)为海通证券股份有限公司(现名"国泰海通证券股份有限公司")，保荐 ...

Core Viewpoint - The 2025 Xinjiang International Agricultural Machinery Expo will be held from May 25 to 27 in Urumqi, focusing on the theme of "Smart Agricultural Machinery Empowering New Productive Forces, Technology Leading Agricultural Modernization" [1][18]. Group 1: Event Overview - The expo is organized by several associations and supported by the Urumqi Municipal Government, aiming to create a high-standard industry event with a focus on smart and green development trends in the agricultural machinery industry [7]. - The exhibition area will cover 70,000 square meters, featuring four main thematic areas: agricultural machinery equipment, smart agriculture, the machinery industry chain of the China (Xinjiang) Free Trade Pilot Zone, and live demonstration events [8][9]. Group 2: Participation and Exhibitors - Over 800 companies from more than 10 countries, including the USA, Germany, Japan, and Italy, have confirmed their participation, showcasing a wide range of agricultural machinery and technology [11]. - Notable international exhibitors include industry giants such as John Deere, Case New Holland, and Kubota, alongside leading domestic companies like China Agricultural Machinery Institute and Weichai Lovol [11]. Group 3: Technological Focus - The expo will highlight advancements in technology, including 5G, artificial intelligence, and the Internet of Things, with applications such as satellite navigation systems, drones for precision spraying, and automation [8][13]. - A dedicated area for smart agricultural equipment will showcase innovations like intelligent irrigation systems and agricultural robots, with forums discussing the application of AI in agriculture [13]. Group 4: International Cooperation - The event aims to enhance agricultural cooperation along the Belt and Road Initiative, inviting nearly 200 foreign buyers from 12 countries to foster trade and technology exchange [16]. - Various forums and meetings will be held to promote international collaboration, including the "2025 International Agricultural Cooperation Roundtable" and business negotiation events [16]. Group 5: Future Opportunities - The expo serves as a platform for showcasing cutting-edge technology and promoting agricultural modernization and international cooperation, inviting global agricultural machinery enterprises and experts to explore new opportunities [18].