值得注意的是，此次投资事项既不构成关联交易，也不构成《上市公司重大资产重组管理办法》规定的 重大资产重组。公司表示，将依据项目进展情况，及时履行相应的审批程序与信息披露义务，同时提醒 广大投资者注意投资风险。 点击查看公告原文>> 声明：市场有风险，投资需谨慎。 本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成 个人投资建议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验， 因此本文内容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联 系biz@staff.sina.com.cn。 登录新浪财经APP 搜索【信披】查看更多考评等级 沃顿科技股份有限公司（证券代码：000920，证券简称：沃顿科技）于2025年9月30日发布关于拟投资 项目的提示性公告。公告显示，公司为积极把握膜行业发展的市场机遇，推动自身高质量发展，依据未 来发展战略及行业发展形势，计划投资建设膜用材料及膜组件能力提升项目。 目前，该项目尚处于方案论证阶段。项目投资事项不仅需履行内部 ...

沃顿科技公告，公司为积极抓住膜行业发展的市场机遇，促进公司高质量发展，拟投资建设膜用材料及 膜组件能力提升项目。项目目前处于方案论证阶段，具体投资金额及计划尚未确定，最终投资方案以公 司最终审议通过为准。 ...

Core Viewpoint - Tianjin Membrane Technology Group Co., Ltd. (referred to as "Tianjin Membrane Technology") held an investor meeting on September 11, 2025, to discuss its performance, business development, and market expansion, emphasizing its goal to enhance performance in the second half of the year [1]. Summary by Relevant Categories Performance and Business Development - The company aims to improve its performance in the second half of 2025, with specific details to be disclosed in future reports [1]. - Tianjin Membrane Technology has optimized its asset quality and business structure since its listing, planning to increase R&D for differentiated products and strengthen marketing efforts [1]. Business Segments and Market Opportunities - The core business focuses on separation membrane products and membrane application system integration, with a significant increase in new orders in the first half of 2025 [1]. - The company plans to enhance its membrane technology, including improving hollow fiber membrane performance and expanding into seawater desalination and overseas markets [1]. Innovation and Technology - The company has established an innovative culture internally, encouraging innovation through the formation of task forces and market-based incentives [1]. - In 2025, the company will undergo digital transformation, improving management and production systems to reduce costs [1]. Market Expansion and Strategy - The company has implemented effective measures for market expansion, resulting in a significant year-on-year increase in new contract amounts and the addition of industrial and overseas clients [1]. - The membrane industry is rapidly developing as a national strategic emerging industry, with strong demand in water treatment and environmental sectors [1]. Research and Development - R&D investments focus on improving existing materials and products, as well as developing cutting-edge technologies, including modified membrane materials [1]. - The company is actively applying for patents to protect its core competitiveness in line with its R&D progress [1]. Financial Outlook - The company anticipates a slowdown in converting new orders into performance, with specific details to be monitored in the upcoming semi-annual report [1]. - The company aims to enhance new product promotion and marketing in the second half of the year, stabilize project operations, and improve overall performance [1]. Competitive Advantages - The core competitiveness includes a strong technical foundation in separation membrane materials, a leading research platform, and performance across multiple application fields [1]. - The company has seen growth in overseas orders, particularly in Southeast Asia, and plans to continue focusing on international markets as a key growth area [1].

Group 1: Financial Performance - The company's net profit attributable to shareholders for the first half of 2025 increased by 27% year-on-year, driven primarily by revenue growth in the membrane business [2] - The revenue from membrane separation engineering increased due to the completion and acceptance of multiple projects, although the gross margin showed some fluctuations due to varying project characteristics [2][3] Group 2: Market Expansion - Overseas business revenue grew by over 20% year-on-year in the first half of 2025, with major sales regions covering over 130 countries including Southeast Asia, the Middle East, Eastern Europe, and South America [3] - The company is actively enhancing its overseas market presence through channel development, product structure optimization, and brand promotion [3] Group 3: Product Development - The sales revenue of seawater desalination membranes and acid-alkali resistant membranes saw significant growth, aligning with the company's strategic expectations for domestic substitution and high-end product demand [3] - The company plans to continue leveraging its technological advantages to expand market applications for related products [3] Group 4: Subsidiary Performance - The growth of the subsidiary's plant fiber business is relatively weak, attributed to the correlation with real estate delivery volumes affecting furniture demand [3] - The company is exploring commercial projects in sectors like education and healthcare, while enhancing online and offline integration to improve operational efficiency [3]

Group 1: Financial Performance - The company's gross profit margin improved due to ongoing production line upgrades and enhanced production efficiency [1] - Supply chain management optimization and domestic material procurement significantly contributed to cost reduction and efficiency gains [1] Group 2: Capacity and Market Demand - Current production capacity can be further enhanced based on equipment upgrades, with infrastructure supporting additional capacity expansion [1] - The company can dynamically adapt its production scale to meet market demand increases, ensuring it does not become a bottleneck for growth [1] Group 3: Competitive Advantages - The company has achieved international advanced levels in product technology, tailored solutions to local application scenarios, and maintains a comprehensive service network [2] - Strong understanding of domestic industry policies and market characteristics allows for precise market trend identification and rapid product iteration [2] Group 4: Subsidiary Performance - The subsidiary, Daziran, leverages unique material properties to create differentiated competitive advantages and has built a stable customer base [3] - Daziran's introduction of a full-home customization brand enhances customer value and brand influence, aiming for stable revenue in 2024 despite challenging operating conditions [3]

Group 1: Company Operations and Production - The company has a low reliance on imported raw materials, ensuring stable production even if there are supply disruptions from the West [1] - The company can meet the technical requirements for producing 5nm and potentially 2nm chips, with water purity levels exceeding 18 megohms achievable through existing technologies [1] - The company reported normal operational conditions and plans to disclose its Q1 2025 report on April 25, 2025 [2] Group 2: Financial Performance and Growth - The company aims to continuously develop new technologies, products, and processes to convert potential customer needs into orders, while also focusing on cost control to enhance profitability [2] - The company’s overseas sales accounted for over 20% of total revenue in 2024, with ongoing efforts to expand in Southeast Asia, India, the Middle East, North Africa, Central Europe, Eastern Europe, and South America [4] - The company is considering stock repurchase plans to enhance market value, as its stock price has remained around 9 RMB for over five years [4] Group 3: Industry Outlook and Strategic Goals - The membrane industry is expanding beyond desalination to include applications in industrial concentration and separation processes, which opens new markets and opportunities [5] - The company’s core strategic goals for the next 3-5 years include becoming a leading manufacturer of membrane separation materials and a top provider of concentration separation system solutions [5] - The company is actively working on increasing production capacity through market expansion, new product applications, and optimizing production processes [6]