巨力索具股份有限公司 投资者关系档案 股永久系泊钢丝绳、系泊纤维缆、深海系泊系统配件）为依托，积极 开展市场推广，应用在了海上风电、海上养殖、海上光伏等多个应用 场景。为提升公司在该领域的产业化、规模化效应，并对标国际同行 业，构建高效服务与成本优势的核心竞争力，公司已经在天津设立全 资子公司。 证券代码：002342 证券简称：巨力索具 巨力索具股份有限公司 投资者关系活动记录表 编号：【2025】003 投资者关系 活动类别 ■特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 ■现场参观 □ 一对一沟通 □其他 （请文字说明其他活动内容） 接待时间 2025 年 12 月 11 日 接待地点 巨力索具股份有限公司 接待人员 董事会秘书张云 接待对象 东北证券首席分析师 投资者关系活动 主要内容介绍 一、参观公司文化及产品展厅并介绍公司基本面总体概况 公司董事会秘书张云陪同来访人员参观公司文化及产品展厅，并 向来访人员简要介绍了公司基本面情况；在参观产品展厅过程中，亦 向来访人员简要介绍了公司产品、承接的工程案例以及下游客户情 况。 二、互动交流 1、请介绍一下公司对天津工厂的 ...

Core Viewpoint - The article highlights the transformation of Juyi Rigging Co., Ltd. from a traditional land-based company to a leader in deep-sea technology, emphasizing its innovative products and strategic market positioning in the offshore wind energy sector [1][2]. Company Overview - Juyi Rigging has a 40-year history and is recognized as a leading enterprise in China's rigging industry, contributing to major projects like the Bird's Nest and Hong Kong-Zhuhai-Macao Bridge [1]. - The company is now focusing on deep-sea technology, particularly in the development of mooring systems for floating offshore wind turbines [2]. Technological Innovation - Juyi Rigging has developed a "single-strand permanent mooring steel wire rope," which addresses the high technical barriers in the deep-sea mooring sector, previously dominated by a few Western companies [2]. - The company has created a "visual remote monitoring platform for the entire lifecycle of mooring systems," allowing real-time monitoring of stress, deformation, and corrosion, thus enhancing product longevity and safety [3]. Market Strategy - The company has established a new subsidiary in Tianjin to capitalize on the growing offshore wind energy market, which is projected to see significant growth during the 14th and 15th Five-Year Plans [4][5]. - Juyi Rigging aims to reduce production costs and increase market share through large-scale and intelligent production at its Tianjin base [5]. Industry Context - The global marine economy is accelerating, with China's focus on developing marine technology and protecting marine ecology as outlined in the 20th National Congress report [6]. - The offshore wind energy market in China is expected to grow significantly, with over 70% of resources located in deep waters, necessitating advanced floating technologies [4]. Competitive Landscape - Juyi Rigging is the only company globally to receive international classification society certifications for steel wire ropes, fiber ropes, forged connectors, and complete mooring systems, enhancing its credibility in international markets [3]. - The company faces competition from established Western marine engineering firms, necessitating improvements in technology, branding, and marketing to gain a competitive edge [7]. Future Outlook - The company is optimistic about expanding into emerging sectors such as deep-sea aquaculture, offshore photovoltaics, marine tourism, and seabed resource development, each representing significant market potential [7]. - Juyi Rigging's leadership emphasizes the importance of becoming a dominant player in the rigging industry, with aspirations to expand from a national to an international presence [7].

Core Viewpoint - The company has disclosed its third-quarter financial report and announced plans for strategic investments and land acquisition to enhance its operational capabilities in the marine technology sector [11][18]. Financial Data - The third-quarter financial report has not been audited [8][11]. - The company has confirmed that there are no adjustments or restatements required for previous accounting data [3][4]. Shareholder Information - The company has provided a guarantee of 20 million yuan for its wholly-owned subsidiary to support its operational funding needs, which represents 0.82% of the company's audited net assets for 2024 [5]. Investment Plans - The company plans to invest 100 million yuan to establish a wholly-owned subsidiary, Giant Lifting Marine Technology (Tianjin) Co., Ltd., focusing on key technologies for marine engineering equipment [6][19]. - The establishment of this subsidiary aims to enhance the company's sustainable development capabilities without adversely affecting its financial status [6][19]. Land Acquisition - The company intends to participate in a public bidding process for land use rights in Tianjin, with a starting price of 43.6 million yuan for a plot of 130,000 square meters designated for industrial use [20][24]. - This land acquisition is part of the company's strategy to strengthen its position in the deep-sea mooring sector and will not negatively impact its financial or operational status [21][24].

Core Viewpoint - The company, Giant Lifting (巨力索具), held its first large-scale investor meeting since its listing in 2010, focusing on its deep-sea strategic layout, technological advantages, and future plans [1] Group 1: Company Overview - The company has become an industry leader in the lifting equipment sector, having led the formulation of 16 national and industry standards, and participated in the development of 49 standards overall [1] - The term "lifting equipment" was popularized in China by the company, highlighting its significant role in the industry [1] Group 2: Deep-Sea Strategic Layout - The company is focusing on the deep-sea technology sector, which is expected to exceed 3 trillion yuan in overall industry scale due to government initiatives [2] - The company announced plans to invest 100 million yuan to establish a wholly-owned subsidiary in Tianjin, dedicated to the deep-sea mooring products market [2] - Key product lines include single-strand permanent mooring steel wire ropes, fiber mooring cables, and structural connectors, with the single-strand permanent mooring steel wire rope recognized as a major technological equipment project [2] Group 3: Market Potential and Challenges - The projected offshore wind power installed capacity during the 14th Five-Year Plan is expected to reach 52 GW, requiring over 3,000 floating wind turbines, with each mooring system valued at several million yuan [3] - The overall market scale for mooring systems could reach hundreds of billions, presenting significant growth opportunities for the company [3] - Despite the promising outlook, challenges remain in scaling deep-sea mooring technology, as the current domestic floating wind power is still in the demonstration phase [3] - The establishment of the Tianjin project aims to create a competitive edge in service efficiency and cost, aligning with national strategies and securing policy support [3]

Core Insights - The company, Giant Lifting Equipment Co., Ltd., hosted a research event attended by 70 institutions, including CITIC Securities, showcasing its operations and future plans [1] Accounts Receivable Situation - As of June 30, 2025, the company's accounts receivable stood at 1.493 billion yuan, with 74% (1.1 billion yuan) of the receivables aged within one year, indicating strong repayment capabilities due to partnerships with quality state-owned enterprises [2] Future Layout and Capacity Planning - The company is focusing on deep-sea technology, as highlighted in the 2025 government work report, and is developing long-term mooring systems to address key technical bottlenecks in marine engineering equipment [2] - A wholly-owned subsidiary has been established in Tianjin to enhance industrialization and scalability, with a feasibility study currently being prepared [2] Deep-Sea Mooring Products and Advantages - Since 2023, the company has obtained multiple DNV factory recognition certificates, making it the only enterprise with such certifications, marking a shift from providing single products to offering comprehensive solutions [2] - The company is uniquely positioned in the deep-sea mooring market, with capabilities in complete mooring rope design and manufacturing [2] Funding and Dividend Plans - The Tianjin subsidiary will utilize working capital and is eligible for policy support due to alignment with government initiatives [2] - The company has distributed over 300 million yuan in dividends since its listing and plans to increase returns to investors as the Tianjin subsidiary's projects contribute to performance [2]

Financial Performance - As of June 2025, accounts receivable balance is 1.493 billion, with 74% (1.1 billion) aged within one year, primarily from high-quality state-owned enterprise partners, indicating low bad debt risk [4] - Cumulative dividends since the company's listing exceed 300 million, with plans for continued investor returns [8] Strategic Development - The company is establishing a wholly-owned subsidiary in Tianjin to enhance industrialization and competitiveness in the deep-sea economy, focusing on three product lines: single permanent mooring steel wire ropes, mooring fiber cables, and deep-sea mooring system components [5][8] - The project is aligned with national policies promoting deep-sea wind power and is currently preparing a feasibility study report [5][8] Product and Market Position - The company has obtained multiple DNV factory recognition certificates, marking its transition from providing single mooring products to offering comprehensive long-term mooring solutions [6] - The mooring system is a critical component of floating systems, with significant cost reduction potential, positioning the company as a unique provider with complete design and manufacturing capabilities in the deep-sea mooring market [7]

Group 1 - The core business of the company is the research, development, manufacturing, and sales of rigging and related products [1] - The company has consistently focused on its main business since its establishment, emphasizing deepening its core operations [1] - The main products of the company include nine major series: soft rigging series, chain series, wire rope series, fixture beam series, forged rigging series, cable, steel pull rods, heavy equipment series, and rigging equipment [1]

Core Viewpoint - The company, Jili Rigging (002342), is actively developing its marine business, focusing on key technology bottlenecks in marine engineering equipment and has established a comprehensive product line to enhance market presence and competitiveness [1] Group 1: Marine Business Development - The company has been working on the research and development of long-term mooring systems to address key technology bottlenecks in marine engineering [1] - Jili Rigging has mastered the design and manufacturing technologies for long-term mooring products, overcoming high fatigue performance challenges [1] - In 2024, the company plans to leverage its three major product lines—single-strand permanent mooring steel ropes, mooring fiber cables, and deep-sea mooring system accessories—to actively promote its market presence [1] Group 2: Corporate Structure and Strategy - To enhance industrialization and scale effects in the marine sector, the company has established a wholly-owned subsidiary in Tianjin [1] - The company aims to build core competitive advantages in efficient service and cost-effectiveness, benchmarking against international peers in the same industry [1] Group 3: Main Business Overview - Jili Rigging specializes in the research, development, manufacturing, and sales of rigging products, with a primary focus on various series of rigging and related products [1] - The main product categories include soft rigging series, chain series, steel wire rope series, clamp beam series, forged rigging series, cables, steel rods, heavy equipment series, and rigging equipment [1]

Core Viewpoint - The company, Jieli Rigging (002342.SZ), has indicated that its products are applicable in various sectors such as offshore wind power, seawater aquaculture, seabed exploration, seabed salvage, and maritime rescue, but it has not yet engaged in research and application of deep-sea robotics [1] Group 1 - The company's products are utilized in offshore wind power applications [1] - The company is involved in seawater aquaculture [1] - The company participates in seabed exploration and salvage operations [1] Group 2 - The company is engaged in maritime rescue activities [1] - The company has not initiated research on deep-sea robotics [1]

Group 1 - The company, Jieli Rigging (002342), has disclosed its semi-annual report for 2025, which includes sales and revenue information that can be accessed by investors [1] - The company has committed to strictly adhering to disclosure obligations regarding the projects it has won bids for, in accordance with listing rules [1]