证券代码：300523 证券简称：辰安科技 北京辰安科技股份有限公司 投资者关系活动记录表 编号：2025-008 | | □特定对象调研 | □分析师会议 | | --- | --- | --- | | 投资者关系 | □媒体采访 | □业绩说明会 | | 活动类别 | □新闻发布会 | ■路演活动 | | | □现场参观 | | | | ■其他（投资者电话交流会） | | | | 1. 开源证券 | | | | 2. 中信建投证券 | | | | 3. 华源证券 | | | | 4. 民生证券 | | | | 5. 中金公司 | | | | 6. 国泰海通证券 | | | | 7. 中银国际 | | | | 8. 民银国际 | | | | 9. 国寿资产 | | | | 10.华夏财富 | | | | 11.中信证券资管 | | | | 12.博时基金 | | | | 13.建信基金 | | | | 14.华夏久盈资管 | | | | 15.永赢基金 | | | 参与单位名称 | 16.华泰资管 | | | 及人员姓名 | 17.交银施罗德基金 | | | | 18.浦银安盛基金 | | | | 19.财 ...

Group 1 - The core point of the article is that Beijing Chenan Technology Co., Ltd. plans to issue A-shares to Hefei State-owned Capital Venture Investment Co., Ltd. to raise up to 1.419 billion yuan, making Hefei State Capital the controlling shareholder with a 28.85% stake [2] - The current controlling shareholder, China Telecom Group Investment Co., Ltd., will remain a significant strategic shareholder while maintaining its shareholding [2] - The raised funds will optimize the capital structure of Chenan Technology, support business growth, and enhance risk resistance, laying a foundation for healthy and stable high-quality development [2] Group 2 - The funds will primarily be used for the AI + public safety brain project, leveraging AI and big data technologies to enhance the company's capabilities in public safety [2] - The investment will also focus on the research and industrialization of public safety intelligent equipment, including drones and robots, to extend the emergency management and firefighting rescue business chain [2] - This strategic adjustment aligns with the national "big safety, big emergency" strategy, promoting deep integration between central and local governments to establish Chenan Technology as a new hub for public safety [3]

Group 1 - The core point of the article is that Changan Technology plans to issue A-shares to Hefei State Capital Venture Investment Co., Ltd. to raise up to 1.419 billion yuan, making Hefei State Capital the controlling shareholder with a 28.85% stake [1] - The current controlling shareholder, China Telecom Group Investment Co., Ltd., will remain a significant strategic shareholder while maintaining its shareholding [1] - The raised funds will optimize Changan Technology's capital structure, support business growth, enhance risk resistance, and lay the foundation for healthy and stable high-quality development [1] Group 2 - The strategic adjustment involving China Telecom and Hefei State Capital is aligned with the national "big safety, big emergency" strategy, aiming to deeply integrate central and local resources [2] - This adjustment will strengthen collaboration between Changan Technology and Tsinghua University's Hefei Public Safety Research Institute, promoting technological empowerment and enhancing technical advantages [2] - The collaboration among central enterprises, local state-owned assets, and top universities will support Changan Technology in entering a new development stage, providing strategic support for market expansion, capital strength, and technological innovation [2]

Core Viewpoint - The rapid evolution of satellite internet and AI technologies is expanding the communication landscape, leading to a transition in the cybersecurity industry from "passive response" to "proactive defense," creating a trillion-level "big security" market opportunity [1] Group 1: Strategic Upgrade and Market Positioning - The core consideration for the strategic upgrade is the increasingly fierce competition in the traditional cybersecurity market, prompting the company to position itself as a new type of cybersecurity firm focusing on emerging fields like satellite internet and AI [2] - The company differentiates itself through two main characteristics: focusing on user scenario pain points with a "productization" approach and adhering to a "long-termism" strategy that aligns with its development pace [2] - Since 2021, the company has been steadily investing in research and development in the satellite internet sector, building a comprehensive security product system that covers satellite, base station, system, and terminal [2] Group 2: AI Integration and Product Development - The company is not following trends blindly in the AI sector but is instead integrating AI technology deeply into its core business scenarios, such as the DaydayMap platform that incorporates AI capabilities for enhanced security [3] - The recent development of a 200G high-speed link encryption gateway addresses key security pain points, achieving encryption latency of less than 3 microseconds, which supports real-time data transmission for applications like AI training and high-frequency trading [5] Group 3: Market Opportunities and Competitive Landscape - The acceleration of global low-orbit satellite constellation deployment positions satellite internet security as a new billion-level market, with future competition requiring a collaborative ecosystem approach rather than isolated efforts [4] - The company aims to leverage its first-mover advantage to secure long-term market share by focusing on core technology development, patent layout, and customized service offerings [4] Group 4: R&D Philosophy and Technical Barriers - The company adheres to a "two precision and one depth" R&D philosophy, emphasizing precise detection and defense capabilities as core strengths in addressing complex security challenges [6] - By deeply understanding industry pain points and integrating general security capabilities with specific scenario characteristics, the company creates differentiated solutions that enhance its technical barriers and meet customer needs [6] Group 5: Future Growth and Globalization - The company is positioned to lead in emerging fields like satellite internet security and computing power security over the next 3-5 years, with a focus on stabilizing core business, expanding new market segments, and globalizing its product offerings [7]

Core Insights - The "14th Five-Year Plan" for emergency management has achieved significant milestones ahead of schedule, with notable reductions in safety incidents and disaster impacts [1][2][4] Group 1: Safety Production Achievements - The number of deaths from production safety accidents in 2024 has decreased by 28.4% compared to the end of the "13th Five-Year Plan," with major accidents dropping to single digits, a 43.8% reduction [1] - The number of production safety accidents and fatalities continues to decline this year [1] Group 2: Natural Disaster Management - From 2021 to 2024, the average number of people affected by natural disasters, the number of deaths and missing persons, and direct economic losses as a percentage of GDP have decreased by 31.3%, 23%, and 34.3%, respectively, compared to the "13th Five-Year Plan" [1] - The establishment of a national natural disaster risk database and risk mapping has enhanced disaster prevention capabilities [2] Group 3: Emergency Response Enhancements - The emergency management department has improved early warning systems and response coordination, leading to faster and more precise evacuation efforts [3] - A rapid disaster relief fund mechanism has been established, allowing for immediate financial support post-disaster, with a 39.6% increase in central emergency material reserves compared to the end of the "13th Five-Year Plan" [3] Group 4: Earthquake Preparedness - The comprehensive defense capability against earthquake disasters has significantly improved, with over 1,000 emergency responses initiated for major earthquakes during the "14th Five-Year Plan" [4][5] - The construction of over 18,000 monitoring stations has solidified the largest warning system globally, enhancing monitoring capabilities [5] Group 5: Technological Advancements - Key research advancements include the release of the world's first earthquake wave model with over one billion parameters and breakthroughs in over 60 critical technologies for earthquake early warning [6]

Group 1 - Nanjing University of Aeronautics and Astronautics organized a practical study activity themed "National Security" for new students, emphasizing campus safety education through an interactive experience [1] - The safety education experience center covers nearly 1,000 square meters and features modern display designs, immersing students in various safety scenarios including national security, confidentiality, fire safety, and laboratory safety [1] - The initiative aims to enhance the sense of responsibility and mission among young people regarding national security, integrating national security education with national defense education [1][2] Group 2 - Nanjing Xiaozhuang College conducted a two-day orientation program focusing on "Big Safety" education, featuring four thematic lectures on political security, national defense security, campus safety, and mental health [2] - The military research office director provided an in-depth analysis of the new characteristics and challenges facing national security in the current global context, receiving positive feedback from students [2] - Various schools in Nanjing have innovated educational formats, such as theme class meetings and knowledge quizzes, to actively engage students in national security education [3] Group 3 - Schools have organized activities like the "Grand Parade" theme to educate students about the significance of national security and historical military parades, planting the seeds of national security awareness [3] - The integration of national security education into daily activities has led to a deeper understanding of the overall national security concept among youth, encouraging them to contribute to national security efforts [3]