证券代码：300950 证券简称：德固特 青岛德固特节能装备股份有限公司 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（投资者说明会） 参与单位名称 及人员姓名 线上参与公司终止筹划重大资产重组投资者说明会的全体投资者 时间 2025 年 12 月 09 日 15：00-17：00 地点 价值在线（https://www.ir-online.cn/）网络互动 上市公司接待 人员姓名 董事长 魏振文 董事、总经理 宋超 董事、副总经理、财务总监、董事会秘书 高琳琳 独立财务顾问代表 标的公司代表 投资者关系 活动主要内 容介绍 1、 1、公告提及终止原因是"交易价格、交易方案等核心条款未达成一致"， 能否具体说明双方的核心分歧点是什么？是交易对价的估值差异（比如公 司与交易对方对浩鲸云的估值预期差距大概多少），还是支付方式、业绩 承诺等方案设计层面的分歧？2、此次重组从筹划到终止历经了多长时 间？在终止前，公司是否已完成对浩鲸云的初步尽调？尽调过程中是否发 现标的方存在业绩真实性、资产瑕 ...

Core Viewpoint - The company, Shuangliang Energy, reported significant financial losses in the third quarter of 2025, with a revenue decline of 41.27% year-on-year and a net loss of 5.44 billion yuan, while simultaneously seeking to raise funds through a stock issuance plan [1][2]. Financial Performance - For the first three quarters of 2025, the company achieved a revenue of 6.076 billion yuan, down 41.27% year-on-year [1]. - In the third quarter alone, revenue was 1.688 billion yuan, reflecting a 49.86% decrease compared to the same period last year [2][3]. - The net profit for the third quarter was 53.18 million yuan, marking a turnaround from losses, with a total profit of 72.75 million yuan, a 166.08% increase year-on-year [2][3]. - The company reported a significant increase in cash flow from operating activities, which rose by 262.63% year-on-year to approximately 1.749 billion yuan [3]. Fundraising and Investment Plans - The company plans to raise up to 1.292 billion yuan through a targeted stock issuance, with funds allocated for projects including a zero-carbon intelligent manufacturing factory and the production of green hydrogen equipment [3][4]. - The investment breakdown includes approximately 493.39 million yuan for the zero-carbon factory, 200 million yuan for green hydrogen equipment, and 213.6 million yuan for R&D projects [4]. Debt and Financial Health - The company's asset-liability ratio has shown an upward trend, with figures of 68.49% at the end of 2022, 76.45% in 2023, 82.77% in 2024, and 81.91% as of September 30, 2025 [5]. - As of September 30, 2025, the company had cash and cash equivalents amounting to 4.335 billion yuan [6][7]. Shareholder Information - The controlling shareholder of the company is Shuangliang Group, with the actual controller, Miao Shuangda, holding a total of 45.93% of the shares as of September 30, 2025 [9]. Market Performance - As of October 24, the company's stock price decreased by 3.08%, trading at 6.30 yuan per share, with a total market capitalization of 11.805 billion yuan [11].

Core Viewpoint - The company, Shuangliang Energy, announced a plan to raise up to RMB 1,291.99 million through a private placement of shares, with the specific amount to be determined by the board of directors upon authorization from the shareholders' meeting [1]. Fund Utilization - The raised funds will be allocated entirely to several projects after deducting issuance costs, including: - Construction of a zero-carbon intelligent manufacturing factory - Development of efficient air-cooled and liquid-cooled intelligent equipment systems - Production of medium and high-temperature heat pumps and efficient heat exchangers - Establishment of a facility for the annual production of 700 sets of green electricity intelligent hydrogen production equipment - Research and development projects - Establishment of a research center for intelligent hydrogen production equipment and materials - Research and development of efficient energy-saving and carbon-reduction equipment systems - Supplementing working capital [1].

Core Viewpoint - Qingdao Degute Energy Equipment Co., Ltd. is planning to issue shares and pay cash to acquire assets and raise supporting funds, which is expected to constitute a major asset restructuring but will not lead to a change in the actual controller of the company [1][4]. Group 1: Suspension Announcement - The company's stock will be suspended from trading starting June 30, 2025, to ensure fair information disclosure and protect investor interests [1]. - The company is required to disclose the transaction plan by July 14, 2025, or the stock will resume trading and terminate the planning of related matters [2]. Group 2: Transaction Details - The target asset for this transaction is Haowei Cloud Computing Technology Co., Ltd., which provides digital solutions to global telecom operators, cloud infrastructure service providers, and enterprise clients [2]. - The transaction will involve issuing shares and paying cash to acquire control of Haowei Technology, with the final transaction details to be confirmed in future announcements [4]. Group 3: Counterparty Information - The preliminary identified counterparties for the transaction include several limited partnership entities, with the final counterparties to be disclosed in subsequent announcements [3][4]. - The company has signed a letter of intent with the identified counterparties, indicating a preliminary agreement to purchase the assets [4].