Financial Performance - The company's net profit for Q1 2025 reached 65.96 million yuan, representing a growth of 28.91% compared to the same period last year [15] - Revenue growth in Q1 2025 primarily stemmed from the magnetic materials and inspection testing businesses [27] Asset Management and Investments - The company reported an impairment of intangible assets amounting to 7.5 million yuan related to the Foshan Gaoming project due to delays and subsequent impairment testing [1] - An investment impairment of 8.77 million yuan was recognized for Guizhou Jinrui due to performance decline, following an assessment by an intermediary [1] Market Position and Product Development - The company holds approximately 50% market share in the electronic-grade manganese oxide sector after significant capacity expansion [19] - The company has over 200 patents, with ongoing efforts to ensure practical application in production [2] Strategic Focus and Future Growth - The company is focusing on high-end, intelligent, green, and efficient development, leveraging raised funds for these initiatives [3] - Plans for 2025 include full production and sales of newly constructed production lines, particularly for manganese oxide [25] Regulatory and Compliance - The company has completed the required rectifications following a directive from the Anhui Securities Regulatory Commission [9] - There are no current plans for asset restructuring or significant changes in shareholder arrangements [15] Industry Outlook - The magnetic materials industry is expected to experience substantial growth due to emerging technologies and increasing market demand [11] - The company is actively monitoring the impact of tariffs and international market conditions on its operations [26]

Core Viewpoint - The company is optimistic about the future development prospects of Lihong Testing (01586) due to the dual support of AI and overseas business, maintaining a target price of HKD 3.18 per share, with corresponding PE ratios of 19.8x, 17.4x, and 15.2x for 2025, 2026, and 2027 respectively, and a "Buy" rating [1] Group 1: Financial Performance - The company's performance met expectations, with revenue growth of 12.9% to HKD 1.263 billion [2] - The company achieved a net profit attributable to shareholders of HKD 82.725 million, a year-on-year increase of 3.4% [2] - The company is actively expanding its overseas network to build a global service network while maintaining steady growth in traditional energy bulk business [2] Group 2: Overseas Business Development - Revenue from the Greater China region reached HKD 696 million, a 7% year-on-year increase, driven by stable domestic demand for consumer product testing [3] - Overseas revenue amounted to HKD 568 million, up 21.3% year-on-year, benefiting from improved overseas network and growth in Singapore's oil testing business [3] - The overseas business team performed excellently, with overseas revenue accounting for 45% of total revenue [3] Group 3: AI Investment and Efficiency - The company has deployed its self-developed "Lihong AI System," achieving deep integration of AI models with core energy testing business [4] - Plans are in place to complete global deployment of the AI system by 2025, with continuous breakthroughs in cross-border inspection AI recognition systems and carbon emission accounting modules [4] - AI empowerment is expected to enhance testing efficiency and provide more customized services, increasing product competitiveness and customer loyalty [4] Group 4: Shareholder Returns - The company has initiated a share buyback plan based on market conditions and strategic considerations, starting from December 13 [5] - The buyback initiative is expected to provide continuous returns to shareholders [5]

Core Insights - The economic development in Xuzhou's Yunlong District is marked by significant contributions to the city's GDP and investment intensity, with the district accounting for 5% of Xuzhou's GDP despite only covering 1% of its area [1] - The district is focusing on enhancing economic capacity, exploring the integration of technology and industry, and promoting regional coordinated development to contribute to Xuzhou's goal of becoming a trillion-yuan city [1] Economic Growth Drivers - Yunlong District is leveraging consumption upgrades and cultural tourism integration as key engines for economic growth, with the opening of new retail locations like Hema Fresh attracting over a million visitors [2] - The district's "first store reporting" initiative aims to enrich quality consumption offerings, with the upcoming launch of Deji Plaza expected to introduce over 150 new brands, potentially increasing external consumer spending by over 30% [2] - During the recent holiday, the district welcomed 1.575 million tourists, with a tourism revenue of 1.81 billion yuan, reflecting a year-on-year growth of 7.74% [2] Technological and Industrial Innovation - Yunlong District is focusing on deep integration of technological and industrial innovation, targeting sectors such as smart manufacturing, biotechnology, and digital economy [3] - The district's inspection and testing industry has established a significant presence, with 33 institutions in the inspection and testing industrial park, accounting for one-fifth of Xuzhou's capacity [3] - The digital economy sector has seen rapid growth, with 73 core enterprises generating 14 billion yuan in revenue last year, maintaining the highest output in the city [3] Regional Coordination and Economic Synergy - The economic development in Yunlong District is enhancing regional coordination, with the establishment of financial service centers and exhibition centers that improve the functionality of major platforms [4] - The financial services sector has seen collaboration among 195 financial and headquarters enterprises, significantly improving service efficiency, such as reducing loan approval times from 5 days to 24 hours [4] - The recent strategic adjustments to the Huaihai International Expo Center aim to leverage exhibition activities to stimulate related industries, with the recent auto show attracting 157,500 visitors and generating sales of 777 million yuan [5]

编号：2025-007 | | 特定对象调研 | ☐分析师会议 | | --- | --- | --- | | | ☐媒体采访 | ☐业绩说明会 | | 投资者关系活动类别 | ☐新闻发布会 | ☐路演活动 | | | ☐现场参观 | | | | ☐其他 | | | 参与单位名称及人员姓名 | 恒生前海基金管理有限公司 龙江伟 | 张津铭 刘雅琪 | | | 南方基金管理股份有限公司 刘祎 | 程子航 | | | 摩根士丹利基金管理(中国)有限公司 贾昌浩 | | | | 生命保险资产管理有限公司 舒强 长城基金管理有限公司 廖瀚博 | | | | 前海人寿保险股份有限公司 姜青豆 | | | | 大成基金管理有限公司 敬思源 | | | 时间 | 2025年04月29日 10:00-12:00 | | | 地点 | 电话会议 | | | 上市公司接待人员姓名 | 董事会秘书、总会计师：魏永斌 | | | | 证券事务代表：夏明珠 | | | | 主要交流内容如下： 1.公司"双碳"业务开展情况？ 公司聚焦中长期发展战略，保持在支柱领域的竞争优势，持续 | | --- | --- | | 投资者关系活动主要 ...

Company Overview - China Lihong Inspection Holdings Limited (stock code: 1586.HK) is the first international comprehensive inspection and testing institution listed in Hong Kong, established in 2016 [1] - The company provides 24/7 professional inspection, testing, and technical consulting services to global industry leaders, supporting the green and low-carbon transformation of the industry [1] - It has established a global network with 58 branches and professional laboratories covering major trade ports and hub cities in the Asia-Pacific region, becoming the first Chinese TIC listed company with overseas layout [1] Business Segments Energy and Bulk Commodities - The company offers quality testing services, weight identification services, witnessing and joint inspection services, and other technical services across various energy and bulk commodity categories, including coal, crude oil, petrochemical products, and agricultural products [1] - Services are based on international, national, and regional industry standards [1] Clean Energy - The company has expanded its services to include testing for new energy sectors such as wind and solar power, focusing on quality testing of materials and components used in wind and solar energy projects [2] - It also conducts data collection and testing during the operational phase of wind and solar projects to enhance power generation stability [2] Environmental Protection - The environmental protection segment includes consulting and testing services, such as environmental impact assessments, soil pollution investigations, and various environmental monitoring services [2] - Services cater to industrial parks, government projects, and construction projects requiring indoor air quality assessments [2] LDAR Services - LDAR (Leak Detection and Repair) services play a crucial role in carbon reduction efforts, utilizing advanced detection technologies to identify and repair leaks in production processes [3] - This service helps control material leakage, reduce environmental pollution, and prevent economic losses for industries such as petrochemicals and pharmaceuticals [3] Climate Change Solutions - The company provides comprehensive solutions for carbon peak and carbon neutrality consulting, carbon asset development, and ESG consulting services [3] - Its services cover various industries, including power generation, petrochemicals, and construction, addressing climate change and sustainable development projects [3]

每经记者 程雅 每经编辑 张益铭 李红梅表示，鉴于董永升、马健在公司第五届董事会履职期间未能严格遵循《公司章程》及相关法规的 规定，对公司第五届董事会部分董事会会议召集程序及议程设置存在瑕疵缺乏足够的关注，客观上对公 司治理效率的连贯性产生一定影响；中检委派董事履职行为的部分程序合规性需结合法律法规的条款予 以审慎评估。2024年度报告中关于前述公司治理的持续性影响未得到妥善解决，建议董事会进一步加强 治理结构优化，切实保障全体股东合法权益。 4月21日晚，电科院（300215.SZ，股价5.47元，市值40.98亿元）披露了公司2024年年报、董事会工作报 告等。 2024年，公司实现营业收入6.19亿元，同比下降0.27%；实现归母净利润2199.78万元，同比增长 15.17%。 《每日经济新闻》记者注意到，公司《2024年度董事会工作报告》以8票同意、1票反对和0票弃权的表 决结果审议通过。公司董事李红梅提出反对，理由涉及公司第二大股东中国检验认证集团测试技术有限 公司（以下简称"中检测试"，中国中检全资子公司）委派的两名董事在履职期间未能严格遵循《公司章 程》及相关法规的规定等。 4月22日，《每日 ...

Company Overview - China Lihong Testing Holdings Limited (stock code: 1586.HK) is the first international comprehensive testing and inspection institution listed in Hong Kong, established in 2016 [1] - The company provides 24x7 professional inspection, testing, and consulting services to global industry leaders, supporting the green and low-carbon transformation of industries [1] - It has established a global network with 58 branches and professional laboratories covering major trade ports and hub cities in the Asia-Pacific region, becoming the first Chinese TIC listed company with overseas layout [1] Business Segments Energy and Bulk Commodities - The company offers quality testing services, weight identification services, witnessing and joint inspection services, and other technical services across various energy bulk commodities including coal, crude oil, petrochemical products, and agricultural products [1] - Services are based on international, national, and regional industry standards [1] Clean Energy - The company has expanded its services to include testing for new energy sectors such as wind and solar power, focusing on quality testing and operational data collection to enhance power generation stability [2] Environmental Protection - The environmental protection segment includes consulting and testing services, covering areas such as environmental impact assessments, soil pollution investigations, and various environmental monitoring services [2] LDAR Services - LDAR (Leak Detection and Repair) services play a crucial role in carbon reduction efforts, utilizing advanced detection technologies to identify and repair leaks in production processes, thereby minimizing raw material loss and environmental pollution [3] Climate Change Solutions - The company provides comprehensive solutions for carbon peak and carbon neutrality consulting, carbon asset development and trading services, and ESG consulting, targeting industries involved in climate change and sustainable development [3]

一、主要会计数据和财务指标 | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.2533 | 0.3204 | -20.94 | 0.3183 | | 每股净资产（元） | 0 | 2.38 | -100 | 2.44 | | 每股公积金(元) | 0.11 | 0.13 | -15.38 | 0.16 | | 每股未分配利润(元) | 1.19 | 1.07 | 11.21 | 1.06 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 26.17 | 26.6 | -1.62 | 24.28 | | 净利润(亿元) | 2.04 | 2.57 | -20.62 | 2.54 | | 净资产收益率(%) | 10.42 | 13.93 | -25.2 | 15.20 | 数据四舍五入，查看更多财务数据>> 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 59343.02万股，累计占流通股比： 73.81% ...

导读： 国家市场监管总局等八部门通报2024年度国家级检验检测机构"双随机、一公开"监督抽查结果，32家机构存在问题，10家机 构涉嫌违法违规被责令整改或移交处理。 特别提示 微信公众号机制调整，请点击顶部"仪器信息网" → 右上方"…" → 设为 ★ 星标，否则很可能无法看到我们的推送。 国家市场监管总局网站1 6日消息，近日，国家市场监管总局联合公安部、自然资源部、生态环境部、交通运输部、水 利部、海关总署、国家药监局等部门，通报2 0 2 4年度国家级检验检测机构"双随机、一公开"监督抽查结果。 此次监督抽查聚焦自然资源检验检测、生态环境监测、机动车检验等重点领域，随机抽取1 0 0家国家级检验检测机构开 展联合检查。抽查结果显示， 3 2家机构存在问题，其中1 0家机构问题较为严重，涉嫌出具不实检验报告、超范围出具 检验检测数据或结果、使用过期资质认定证书或标志。 具体看，1 0家涉嫌违法违规机构分别是江苏红海车辆 检测有限公司、山西省检验检测中心( 山西省标准计量技 术研究 院)、广东省造纸研究所有限公司、广东有色工程勘察设计院、昆山海关综合技术服务中心、山西省疾病预防控制中心 (国家食品安全风险监 ...

中国质量新闻网讯 近日，四川省市场监督管理局发布关于注销四川达标环境检测技术有限公司等28家检验检测机构资质认定证书的公告。 四川省市场监督管理局关于注销四川达标环境检测技术有限公司等28家检验检测机构资质认定证书的公告 根据《中华人民共和国行政许可法》《检验检测机构资质认定管理办法》及《市场监督管理行政许可程序暂行规定》等相关规定，依四川达标环境检测 技术有限公司等28家检验检测机构申请，四川省市场监督管理局决定注销上述检验检测机构资质认定证书，现将名单予以公布。被注销的证书和编号停 止使用，请所在地市场监管部门加强监管。 特此公告。 四川省市场监督管理局 2025年4月3日 附件 注销检验检测机构资质认定证书的机构名单 序 号 机构名称 证书编号 地址 1 四川达标环境检测技术有限公司 202312050158 成都高新区创业路2号2栋9楼2号 2 成都雪迪龙科技有限公司 222312051409 成都市武侯区人民南路四段45号1栋1单元19层1905号 3 岳池县兴正工程检测有限公司 222301060006 四川省广安市岳池县九龙镇翔凤大道中段777号20栋101号-110号 4 广东保顺检测鉴定有限 ...