证券代码：002879 证券简称：长缆科技 长缆科技集团股份有限公司 投资者关系活动记录表 编号：2025-005 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□其他 公司接待人员姓名 黄平（董事、董事会秘书、财务负责人） 尚丹妮（IR） 参与单位名称及 人员姓名 华福证券李康瑞 时间 2025 年 07 月 09 日 15:00-16:00 地点 公司会议室 形式 现场会议 交流内容及具体问答 记录 1、公司 750kV 电缆附件研发进展如何？ 2024 年，公司携手中国三峡建工（集团）有限公司、中 国电力科学研究院有限公司联合研制的 750kV 交联聚乙烯绝 缘电力电缆用液体填充绝缘复合套管终端和干式绝缘 GIS 终 端两项创新产品，成功通过国家级新产品技术鉴定。这一重大 技术突破标志着我国在超高压电缆附件技术领域达到国际领 先水平，为提升我国电力装备制造业核心竞争力作出重要贡 献。 2、双江能源在天然酯绝缘油领域有什么优势？ 双江能源在天然酯绝缘油这一新兴细分领域已形成技术 与客户优势，天然酯绝缘油闪点高、燃点高、可自然降解，低 碳环保无 ...

Core Insights - Wuhan's government has released a three-year action plan (2025-2027) to promote high-quality development of the Yangtze River middle reaches shipping center, highlighting the progress in construction and operational metrics [3] Group 1: Port Performance - In 2024, Wuhan Port achieved a container throughput of 1.8763 million TEUs, accounting for 76.7% of Hubei province's total and 33.7% of the total in the upper and middle Yangtze River region, maintaining its position as the "first port in the upper and middle Yangtze River" [3] - Wuhan Port has 150 productive berths and has formed a container port cluster centered around Yangluo Port, with an annual container handling capacity exceeding 4 million TEUs and an annual throughput capacity of 150 million tons [3] Group 2: Intermodal Transport Development - Wuhan has established the largest inland rail-water intermodal hub, with over 50 opened channels, achieving a rail-water intermodal volume of 231,600 TEUs in 2024, a year-on-year increase of 44%, leading the nation in both total volume and growth rate [3] Group 3: Economic Development Initiatives - The Yangtze New Area is designated as the core area for shipping center construction, with over 2,000 enterprises gathered in the Yangluo Port area, 80% of which are industrial companies, focusing on industries such as steel processing, equipment manufacturing, and health [3] - The area aims to develop three major industries: port logistics, port manufacturing, and shipping services, transitioning the port hub into an economic hub [3] Group 4: Strategic Goals and Innovations - The New Area aims for a target of 10 million TEUs, an international port, and a shipping center, implementing a development path of "port + channel + network + platform + industry" [4] - Innovations in customs procedures, such as "joint boarding inspections" and "direct loading and unloading," have significantly improved clearance efficiency, reducing waiting times and costs for local automotive exports [4]

Group 1 - Nanjing Economic Development Zone has recently secured significant domestic and international project orders, showcasing "Nanjing Intelligent Manufacturing" through advanced technology and quality [1] - Kanni Electromechanical, a core supplier for global high-end railway manufacturer Stadler, has customized 11 modular products for a major project, ensuring a lifespan of 40 years and aiming to deliver 557 railway cars by 2030 in Kazakhstan [1] - The Guangzhou Metro Line 10 has officially opened, featuring the highest level of automation (GoA4), with China Railway Baogao Nanjing Company supplying key switch systems [2] Group 2 - China Construction Fifth Engineering Division has successfully completed the first batch of 8 giant wind power tower tubes for the ACWA Egypt wind power project, with a total installed capacity of 1100 MW, contributing to Egypt's energy transition [2] - The project team faced challenges such as tight schedules and complex logistics, implementing a dual-shift system to ensure high-quality delivery of over 20,000 tons of tower tubes [2] - Nanjing Port Machinery Heavy Industry has delivered a multi-purpose crane to a Vietnamese client, marking the third batch of equipment purchased, demonstrating trust in the company's technology and service [3]

| 率、产品质量、创新能力等方面实现质的飞跃，持续推动公司 | | --- | | 产业转型升级。公司在集装箱港口起重机、移动式港口起重机、 | | 散料装卸及输送装备等产品已逐步实现智能化、自动化科技研 | | 发和应用，助力客户打造自动化、无人化港口码头，提升港口 | | 码头的运营效率，共同推动全球港口码头物流行业的智能化转 | | 型。 | | 截至目前，公司已获得多个港口码头的自动化设备订单和设备 | | 自动化升级改造订单，后续公司将进一步加大技术研发力度， | | 不断提升公司高端装备产品的智能化和自动化水平。 | | 3、问：公司未来业绩增长主要来自于哪些方面？ | | 答：物料起重搬运装备业务和船舶海工装备业务将是公司未来 | | 几年内的主要业绩增长点，公司将不断通过技术创新及全球化 | | 的业务布局，促进公司整体业务规模的不断扩大。 | | 4、问：通州湾基地目前建设进展情况以及未来业务布局情况 | | 如何？ | | 答：目前公司正在通州湾投建"通州湾装备制造基地项目"， | | 进一步在海洋工程装备、物料起重搬运装备、船舶及配套装备 | | 等领域展开业务布局，扩充公司高端装备业务 ...

Group 1 - In the first half of the year, 51 foreign manufacturing and R&D projects were signed in the Yangtze River Delta, with a notable increase in European projects and a decrease in American projects [1][3][4] - The investment landscape has shifted, with Europe becoming the primary source of foreign investment, accounting for 35 projects, predominantly from Germany and Italy [3][4] - Major sectors attracting foreign investment include the automotive industry, healthcare, and equipment manufacturing, which together represent over 60% of the total projects [1][5] Group 2 - Global capital, including ESR and CapitaLand, is betting on the value of industrial real estate assets in China through high-standard industrial park developments and REITs [2][6] - Industrial park REITs are expected to yield higher returns compared to traditional logistics and warehousing investments, indicating a potential new trend in Asian industrial assets [6][7] - ESR has invested approximately 14 million square meters in industrial parks in mainland China, with a significant focus on advanced manufacturing facilities [6][7]

Group 1 - Dongguan is witnessing a transformation in its manufacturing sector, driven by technological innovation and strong industry collaboration [1][2] - The Xbot Park robotics base has supported over 140 hard-tech companies, with six achieving valuations over $1 billion [9][10] - The number of intelligent robotics companies in Dongguan exceeds 7,000, ranking among the highest in the country [10] Group 2 - Benmo Technology, established only five years ago, has developed direct-drive motors for consumer products, with an estimated market size of nearly 100 billion yuan in the home cleaning robot sector [2][6] - Jilun Intelligent has evolved from a small mechanical factory to a comprehensive manufacturing enterprise, focusing on tire molds, tire vulcanizers, industrial robots, and precision machine tools [11][15] - Sanhuan Group has made significant advancements in multi-layer ceramic capacitors (MLCC), achieving a breakthrough in the thickness of dielectric layers from 5 micrometers to less than 1 micrometer [19] Group 3 - Guangdong has formed nine trillion-yuan industrial clusters, with eight advanced manufacturing clusters recognized at the national level [19] - The province aims to cultivate more leading enterprises worth hundreds of billions and trillions, enhancing its competitive advantage in manufacturing [19]

Core Viewpoint - The State Administration for Market Regulation and the Ministry of Industry and Information Technology have issued the "Action Plan for Measurement Support for the Development of New Quality Productivity (2025-2030)", focusing on enhancing measurement capabilities in various key industries through advanced technologies such as artificial intelligence and smart manufacturing [1][2]. Group 1: Overall Requirements - The plan aims to support the development of new quality productivity by addressing major measurement needs in key industries, including information technology, artificial intelligence, aerospace, new energy, new materials, high-end equipment, biomedicine, quantum technology, integrated circuits, and instruments [1][2][3]. Group 2: Key Areas of Focus - **New Generation Information Technology**: Focus on measurement needs in advanced information technology fields such as chip development and high-precision time-frequency services [2]. - **Artificial Intelligence**: Emphasize the establishment of measurement testing platforms for AI algorithms and systems, enhancing evaluation capabilities [2]. - **Aerospace**: Conduct research on measurement technologies for spacecraft, commercial aircraft, and low-altitude economy [3]. - **New Energy**: Address measurement needs in solar, wind, nuclear, and hydrogen energy sectors, focusing on safety and efficiency [3][4]. - **New Materials**: Develop measurement methods and standards for advanced materials used in defense and emerging industries [5]. - **High-End Equipment**: Research measurement technologies for intelligent transportation and manufacturing equipment to reduce reliance on imports [6]. - **Biomedicine**: Focus on measurement technologies for pharmaceuticals and medical devices to enhance healthcare outcomes [7]. - **Quantum Technology**: Develop precision measurement technologies for quantum communication and computing [8]. - **Integrated Circuits**: Address measurement challenges in the integrated circuit industry, including standardization and defect detection [9]. - **Instruments and Meters**: Innovate measurement technologies for high-end instruments to support domestic production [10]. Group 3: Implementation and Management - The plan includes a project demand collection process, establishment of a project database, selection of key projects, and a comprehensive management system to ensure effective implementation and monitoring [8][9][10].

Core Viewpoint - The high-end equipment sector is experiencing mixed performance, with the high-end equipment ETF showing a recent upward trend, indicating potential growth opportunities in the industry driven by modernization and geopolitical factors [1][2]. Market Performance - As of July 9, 2025, the CSI High-end Equipment Sub-index fell by 0.01%, with notable gainers including Beifang Navigation (+2.91%) and Sichuan Aerospace (+1.87%), while Jiuzhiyang led the declines [1]. - The high-end equipment ETF has seen a cumulative increase of 6.84% over the past two weeks as of July 8, 2025 [1]. Liquidity and Fund Flow - The high-end equipment ETF recorded a turnover rate of 2.71% with a transaction volume of 32.77 million yuan, and the average daily transaction volume over the past month was 55.20 million yuan [2]. - The latest scale of the high-end equipment ETF reached 1.18 billion yuan, with a net inflow of 7.55 million yuan recently, indicating strong investor interest [2]. - Over the past five trading days, there were net inflows on four days, totaling 15.10 million yuan [2]. Performance Metrics - The high-end equipment ETF's net value increased by 34.68% over the past year, with the highest single-month return recorded at 19.30% since inception [2]. - The longest consecutive monthly gain was two months, with a maximum increase of 29.39% and an average monthly return of 6.55% [2]. Industry Outlook - According to Zheshang Securities, 2025 marks the conclusion of the "14th Five-Year Plan," with an acceleration in national defense equipment modernization expected to boost industry prosperity [2]. - Ongoing regional political conflicts are providing practical validation for China's military export equipment, leading to potential revaluation of military enterprises [2]. - The establishment of a low-altitude leadership group by the Civil Aviation Administration is expected to drive the low-altitude economy, while the C919 aircraft production is accelerating, presenting opportunities for international expansion and self-sufficiency [2]. - The shipbuilding and deep-sea technology sectors are also showing upward trends, with continuous profit improvements and significant restructuring opportunities [2]. Top Holdings - As of June 30, 2025, the top ten weighted stocks in the CSI High-end Equipment Sub-index accounted for 45.22% of the index, with notable companies including AVIC Shenyang Aircraft Company and Aero Engine Corporation of China [3].

Group 1: Youth Innovation and Economic Development - The youth group in Shandong is playing a vital role in driving technological innovation and high-quality development of the private economy [1][4] - A significant number of young talents are emerging as leaders in various industries, helping private enterprises to break international monopolies and enhance their competitive edge [2][3] - The average age of teams in leading companies is notably low, with many teams consisting of individuals under 30, showcasing the impact of youth on innovation [2][3] Group 2: Industry-Specific Innovations - Li Hua Yi Group's ASA resin project, with an investment of 2.2 billion, has successfully broken foreign monopolies in high-end chemical materials, largely due to the contributions of young talents [2] - In the field of groundwater monitoring, a team led by a young manager developed a remote monitoring system that fills a domestic gap and enhances data security [3] - The transformation of Century Kaiyuan from a small printing shop to a leading industrial internet printing enterprise exemplifies the power of youth-driven innovation [3] Group 3: Strategic Emerging Industries - Youth teams are actively contributing to the rise of strategic emerging industries such as new energy materials, high-end equipment, and modern medicine, injecting vitality into Shandong's high-quality development [5][6] - The development of energy-efficient products, such as the "Zhenhao" series by Linuo Ritter, demonstrates the focus on sustainable solutions and significant cost savings for consumers [5] - The successful research and development of domestic alternatives for key technologies, such as silicon carbide DPF, highlights the role of youth in overcoming industry challenges [6] Group 4: Digital Transformation and Smart Manufacturing - Companies like Huatai Group are embracing digital transformation, with young engineers leading the development of industrial internet platforms that enhance operational efficiency [7] - The overall strength and innovation capability of Shandong's private economy are continuously improving, driven by the youth's engagement in high-end, intelligent, and green manufacturing [7][8] Group 5: Economic Contribution of Private Enterprises - Private enterprises in Shandong account for 51.7% of the province's GDP, 63.5% of private investment, and 75% of total imports and exports, underscoring their critical role in the economy [8][9] - The youth's proactive engagement with new technologies and industries is essential for the growth of emerging sectors in Shandong [9]

(活力中国调研行)"关中粮仓"智造新名片 陕西渭南"印"就产业新生态 中新社陕西渭南7月9日电 题："关中粮仓"智造新名片 陕西渭南"印"就产业新生态 作者 杨英琦 保温隔热的泡面桶、图案丰富的零食袋、精致小巧的香烟盒……或许很少有人想到，这些款式精美、外 形各异的日常产品包装，大部分有着同一个源头——素有"关中粮仓"之称的陕西渭南。 根植于农耕沃土，成长于渭水之畔的印刷包装产业，已然成为渭南的城市新名片。数据显示，渭南生产 的高端凹版印刷机、印刷机械控制系统等产品在中国国内市场占有率已超过70%，服务中国国内90%以 上软包装印刷企业，印刷机械相关产品畅销世界30多个国家和地区。 走进位于渭南高新区的陕西北人印刷机械有限责任公司(以下简称：陕西北人)制造车间，宽阔的厂房 内，摆放着各式各样已经组装好的印刷机，各条装配生产线上，员工熟练地操作机器、组装零部件。 "这台至睿4.0智能高速凹版印刷机，广泛应用于各类食品、药品、日化等包装的印刷，其印刷色数达到 10色，可以更加精准、智能地还原图案色彩，大幅提升了印刷品质。"陕西北人印刷机械有限责任公司 技术中心办公室副主任陈明辉说。 经过半个多世纪的发展，如今的陕 ...