Group 1: Industry Trends - The overall demand in the real estate market is declining, with new residential sales dropping below 10 trillion yuan in 2024, indicating a shift towards stabilizing the market [1] - In Q1 2025, new residential sales area and sales amount decreased by 3.0% and 2.1% year-on-year, respectively, showing a significant narrowing of the decline [1] - The elevator industry is experiencing a transformation with a shift from new installations to a focus on the after-market services due to changing demand structures [2] Group 2: Competitive Environment - The elevator industry faces intensified competition, with many companies experiencing pressure on revenue scales [2] - Price competition remains fierce due to the decline in new elevator demand, prompting companies to enhance operational efficiency and cost control measures [2] Group 3: After-Market Development - As of the end of 2024, there are 11.53 million elevators in China, leading to a rapid increase in service demand for maintenance, repairs, and upgrades [3] - Over 1 million elevators are over 15 years old, with the number of outdated elevators expected to rise, driving the need for modernization [4] - In 2024, 41,000 elevator update projects were supported by long-term national bonds, with a target of 60,000 in 2025, indicating a strong policy push for upgrades [4] Group 4: Company Strategy - The company's after-market business accounted for 15.39% of its revenue in 2024, highlighting its importance in the overall business strategy [4] - The company aims to transform its after-market service department from a "service center" to a "profit center" by enhancing its market capabilities and technical support [5] - The company is actively monitoring changes in maintenance regulations and their potential impact on the industry [6]

Group 1 - The core viewpoint of the news is that Zhangpeng Technology has successfully entered the military simulation system sector through the acquisition of a controlling stake in Beijing Lingwei Military Integration Technology Co., Ltd, establishing a dual business model of "elevator control systems + military simulation systems" [1][2] - In 2024, Zhangpeng Technology achieved total operating revenue of 469 million yuan, a year-on-year decrease of 6.80%, and a net profit attributable to shareholders of 9.96 million yuan, down 87.80% [2] - Lingwei Military Integration contributed significantly to the company's revenue, generating 139 million yuan in operating income and 49.71 million yuan in net profit, making it the main profit source for Zhangpeng Technology in 2024 [2] Group 2 - The military simulation market is expected to grow due to its ability to simulate real battlefield environments, providing strong support for military decision-making while reducing operational costs and risks [3] - The development of technologies such as virtual reality, artificial intelligence, and big data is anticipated to enhance the realism and intelligence of military simulations, expanding their application scenarios [3] - If Zhangpeng Technology effectively leverages the synergy between its dual business operations and enhances its technological research and market expansion, it is likely to improve the profitability and market share of its military simulation business [3]

Core Viewpoint - The article discusses the challenges faced by foreign trade companies in the context of the U.S. imposing tariffs, highlighting their strategies to adapt and thrive in a changing global trade environment [1][2]. Group 1: Company Strategies - Companies are enhancing their international competitiveness through product quality, technological upgrades, and market diversification. For instance, Nanjing Langqian Electromechanical Co., Ltd. has shifted its export focus from the U.S. to Europe, now accounting for over 80% of its market share [3]. - Hengtong Group, a leading cable manufacturer, has achieved a 3.5 times increase in exports in the first quarter compared to the previous year, driven by technological advancements and smart manufacturing [4]. - Giant Lift Co., Ltd. is focusing on digitalization and advanced technology to improve its market position, with its IoT platform significantly enhancing operational efficiency [5]. Group 2: Market Adaptation - Some companies are turning to domestic markets to mitigate the impact of reduced foreign orders. For example, Nanjing Bairuilege Clothing Co., Ltd. has successfully transitioned to domestic sales, finding a receptive market for its products [7]. - Jiangsu Shangshang Cable Group has attracted international customers at trade fairs, showcasing its innovative products that meet the growing demand for clean energy and infrastructure development [6]. Group 3: New Market Opportunities - The article emphasizes the importance of tapping into new markets, with companies like Giant Lift actively seeking orders from emerging markets in Central Asia and Africa [8]. - The rise of live streaming and e-commerce platforms is facilitating the connection between foreign trade companies and domestic consumers, allowing them to sell previously export-oriented products in local markets [9][10]. Group 4: Future Outlook - Experts suggest that the unification of domestic and foreign trade markets is a trend that companies should embrace, as it can enhance competition and provide consumers with more choices [8]. - The government is supporting foreign trade companies in transitioning to domestic sales through initiatives that promote collaboration with local retailers and the use of digital marketing strategies [11].

Group 1: Fund Overview - Chunhou Xinyue Mixed A Fund, established on October 22, 2021, has a total management scale of 2.117 billion yuan [1] - The fund has achieved a return of 16.53% over the past six months, outperforming its benchmark growth rate of -1.25% and the CSI Mixed Fund Index return of -2.61%, ranking in the top 5% among mixed funds [1] - As of March 31, 2025, the fund's scale reached 0.95 billion yuan, with a growth of 7.0156 million yuan in the past three months, representing an 8.01% growth rate [1] Group 2: Company Research - On April 27, 2025, Chunhou Fund conducted a research meeting with Tongli Risheng, focusing on the elevator and new energy business [2][3] - The elevator business faced challenges in 2024 but showed positive structural changes, with a significant increase in replacement demand, accounting for approximately 15%-20% of total shipments [3] - The company plans to expand its non-standard elevator exports and diversify its product offerings to drive performance growth in 2025 [3] Group 3: New Energy Business Progress - Several wind and energy storage projects have made progress, including the 300MW wind project in Chengde, which was connected to the grid by the end of 2024, and the 100MW wind project in Tianjin, which was connected in January 2025 [3] - The company is set to start construction on a 500MW wind-solar-storage hydrogen complementary project in Chengde this year [3] - The company has signed strategic cooperation agreements for a new green data center with the government of Qingyang and with Hangzhou Xinfeng for collaborative energy storage [3] Group 4: Investor Q&A Insights - The company aims to achieve a power supply reliability of 99.99% for its data center projects by replacing traditional diesel generators with green electricity and energy storage systems [3] - The company is focusing on long-term stable loads, particularly data centers, as a key area for future development in the new energy sector [3] - The company anticipates a recovery in elevator business performance in 2025, driven by increased domestic replacement demand and expansion into high-margin non-standard products [3][4]

Core Viewpoint - The actual controller of Kangli Elevator has changed following the death of founder Wang Youlin, with his shares inherited by his spouse Zhu Meijuan, valued at approximately 2.589 billion yuan based on the stock price as of April 30 [2][4]. Company Ownership and Control - Wang Youlin held 358,591,306 shares, accounting for 44.89% of the total share capital, while Zhu Meijuan held 17,280,000 shares, or 2.16% [3][4]. - After the inheritance, Zhu Meijuan will hold 375,871,306 shares, representing 47.06% of the total share capital, thus becoming the controlling shareholder and actual controller of Kangli Elevator [4]. Business Performance - Kangli Elevator's revenue has declined for three consecutive years, with a reported revenue of 4.083 billion yuan in 2024, down 18.91% year-on-year, and a net profit of 357 million yuan, down 2.17% [5][6]. - The company maintains a stable gross profit margin despite the revenue decline, with a slight increase in average gross margin by 0.95% compared to the previous year [5][6]. Market Conditions and Strategy - The performance of Kangli Elevator is closely tied to the real estate sector, which has been under pressure, leading to decreased market demand [6]. - To mitigate risks from the new elevator market decline, the company has been expanding its elevator after-service market and has made organizational adjustments to enhance operational efficiency [6][7]. International Business - Kangli Elevator has not exported to the U.S. recently, so the U.S. "reciprocal tariff" policy has not directly impacted its revenue [2][5]. - The company plans to leverage China's manufacturing competitiveness to explore export markets outside the U.S. [8].

证券代码：300931 证券简称：通用电梯 通用电梯股份有限公司投资者关系活动记录表 编号：2025-001 | | □特定对象调研 □分析师会议 | | | --- | --- | --- | | 投资者关系活动类 | □媒体采访 √业绩说明会 | | | 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） | | | 参与单位名称及人 | 参与公司 2024 年年度网上业绩说明会的广大投资者 | | | 员姓名 | | | | 时间 | 2025 年 月 25 日 15:00-17:00 | 4 | | 地点 | 上海证券报•中国证券网路演中心 1、董事长徐志明先生 | | | | 2、总经理沈立明先生 | | | | 3、董事、副总经理、财务负责人张建林先生 | | | 上市公司接待人员 | | | | 姓名 | 4、董事、副总经理、董事会秘书李彪先生 | | | | 5、保荐代表人覃新林先生 | | | | 6、独立董事陈利芳女士 | | | | 本表对相似类问题已进行剔除。 | | | | 1.行业以后的发展前景怎样？ | | | | 答：您好，感谢您的关 ...

中方警告韩国公司不要向美军工企业出口含中国稀土矿物产品？外交部回应 智通财经4月23日电，外交部发言人郭嘉昆4月23日主持例行记者会。有外媒记者提问称，据报道，中国 警告韩国公司不要向美国军事和国防公司出口含有中国稀土矿物的产品。中国政府向电梯、电力设备、 电池、显示器、电动汽车、航空航天和医疗设备等行业的公司发出信函说，如果他们违反限制，可能会 面临制裁。外交部能否证实是否发送了这样的信？有没有细节可以补充？对此，郭嘉昆表示："我不了 解你提到的具体情况，建议你向中方的主管部门进行询问。" ...

4月21日，康力电梯（002367）发布公告称，收到公司创始人、控股股东、实际控制人、名誉董事长、董事王友林家属通 知，王友林因病医治无效，于2025年4月21日逝世，享年62岁。 在公告中，康力电梯表示，王友林先生自创立康力电梯28年来，始终坚持以电梯产业为一生的事业追求，以"自主创新、 民族品牌、产业报国"自勉。他几十年如一日，恪尽职守、勤勉尽责、兢兢业业，为公司发展倾注全部心血；他凝聚优秀 的管理团队和经营人才，带领康力电梯成为中国电梯行业的龙头企业之一、中国电梯行业第一家上市公司；他为公司留 下了宝贵的精神财富，为公司的长远发展奠定了坚实基础，为社会创造了丰厚价值。公司全体董事、监事、高级管理人 员及全体员工，对王友林先生为公司的辛勤付出和卓越贡献致以最崇高的敬意和最衷心的感谢，对王友林先生的逝世表 示沉痛哀悼和深切缅怀，并向王友林先生的家属致以深切慰问。 在王友林先生执掌康力电梯的28年里，质量把控是他最为重视的核心工作之一。他深知，对于电梯行业而言，质量不仅 关乎企业声誉，更直接关系到万千用户的生命安全。 他常言，"电梯是承载生命的垂直交通"，将质量视作企业的生命线与立足之本。"做就要做到最好"是 ...

4月22日晚间，通用电梯发布了发布2024年度报告。2024年，公司实现营业收入53117.49万元。 据通用电梯表示，2024年度由于下游房地产企业资金链紧张，以及考虑到部分房地产企业客户目前出现 的经营困难情况，公司对部分应收款项进行了单项计提，导致本期公司计提的信用减值损失增加较大； 同时为尽量降低应收款项风险，公司前期通过以房抵债形式购入部分房产，根据评估报告增加计提了资 产减值损失，影响了本期利润。 公开资料显示，通用电梯是创业板首家电梯上市公司，产品线覆盖乘客电梯、观光电梯、医用电梯、家 用电梯、载货电梯、汽车电梯、既有建筑加装电梯、自动扶梯、自动人行道等各系列电梯。 据了解，在受到宏观经济周期及下游房地产企业宏观调控政策影响较大的背景下，通用电梯正在通过直 销、经销等方式广泛布局，不断拓展完善营销网络。 校对：吕久彪 （文章来源：证券时报网） 随着我国城市化进程的不断深入，大量建于上世纪八九十年代的老旧小区已进入改造升级期。随着房龄 的增长，我国不少小区的电梯日渐老化，对于发展早、电梯数量多的城市这个问题更突出。 根据住建部最新数据，截至2024年底，全国需要改造的城镇老旧小区超过22万个，涉及 ...

前十大流通股东累计持有： 9762.71万股，累计占流通股比： 48.71%，较上期变化： -40.71万股。 | 持有数量(万股) 名称 | | 占总股本比例 | 增减情况(万 | | --- | --- | --- | --- | | | | (%) | 股) | | 牟玉芳 | 2257.92 | 11.26 | 不变 | | 徐斌 | 1834.56 | 9.15 | 不变 | | 徐津 | 1834.56 | 9.15 | 不变 | | 宁波宁聚资产管理中心(有限合伙)-融通1号证券投资基 金 | 1361.20 | 6.79 | 新进 | | 徐志明 | 1005.48 | 5.02 | 不变 | | 昊泽致远(北京)投资管理有限公司-昊泽晨曦1号私募证 券投资基金 | 444.26 | 2.22 | -41.21 | | 徐方奇 | 282.24 | 1.41 | 不变 | | 徐宝元 | 282.24 | 1.41 | 不变 | | 孙海荣 | 282.24 | 1.41 | 不变 | | 殷宏伟 | 178.01 | 0.89 | 0.50 | | 较上个报告期退出前十大股东有 | | | ...