华强科技（688151.SH）7月11日回复上交所年报问询函的公告，揭开了其表面"盈利"的残酷真相。2024 年公司归母净利润同比激增184.26%至2252.79万元，但扣非净利润实际亏损6495.81万元，连续四年深 陷亏损泥潭。利润"翻身"完全依赖非经常性收益粉饰：投资收益贡献5185.84万元（占净利润230%）， 信用减值损失少计提1200万元，而主业经营利润亏损扩大至7835.91万元。更严峻的是，经营活动现金 流净额-1.38亿元，同比失血加速105.98%，暴露盈利质量持续劣化。 核心业务的结构性危机已无从遮掩： 募投项目停滞？ 募投项目几近停滞：三大IPO募投项目投入进度最高仅32.77%，最低仅0.48%，预计2028年末才能投 产，资金使用效率遭监管重点质疑。研发投入占比虽达9.26%，但十年仅孵化出239一款爆品，产品迭 代断层严重。 政策制裁与流动性危机：因投标文件违规，公司被禁止参加全军物资工程服务采购活动三年，虽声 称"不影响其他军品销售"，但期后新签军品订单仅7项、金额2162万元，需求萎缩风险高悬。叠加一季 度末货币资金较上年末锐减23.12%，现金流衰竭或触发生存危机。 责 ...

Group 1 - The Chinese government has placed eight Taiwanese entities on an export control list due to their alleged cooperation with "Taiwan independence" forces, prohibiting the export of dual-use items to these companies [1][2] - The listed companies include major players in Taiwan's defense technology, aerospace, drone production, shipbuilding, and ballistic protection equipment sectors, indicating a significant impact on these industries [2] - Taiwan imports approximately NT$600 billion (around US$20 billion) worth of rare earth materials annually, some of which come from mainland China and may be used for military purposes, highlighting the strategic importance of these materials in the current geopolitical context [2] Group 2 - The Chinese government views this export control as a necessary measure to safeguard national sovereignty and territorial integrity, as well as a warning against provocations from "Taiwan independence" forces [3] - The action is seen as a response to Taiwan's previous technology restrictions on mainland China, particularly in areas like semiconductor design and AI software, indicating a tit-for-tat dynamic in cross-strait relations [2]

证券代码：834950 证券简称：迅安科技 公告编号：2025-050 √特定对象调研 二、 投资者关系活动情况 活动时间：2025 年 6 月 10 日 活动地点：常州市五一路 318 号公司办公楼会议室 参会单位及人员：东吴证券、国泰海通证券 上市公司接待人员：董事、董事会秘书李德明先生； 董事、财务总监顾珂先生。 三、 投资者关系活动主要内容 1、公司产品下游应用领域，以及下游市场的需求情况如何？ 常州迅安科技股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、 投资者关系活动类别 答：2024 年公司研发投入较上一年度增长 7.82%，占营业收入的 5.09%。公 司高度重视研发投入，通过持续的研发创新，不断提升产品性能和竞争力。未来， 公司将继续加大研发投入，重点围绕智能个人防护装备的核心技术进行研发，如 自动变光滤光镜的性能提升、电动送风过滤式呼吸器的智能化升级等。同时，公 司还将加强与高校、科研机构的合作，引进先进的研发技术和人才，推动公司技 术创新和产 ...

Core Viewpoint - The article highlights the significant contributions of Wu Shaojie, a factory manager at Shanxi Xinhua Chemical Equipment Research Institute Co., Ltd., in the production of protective equipment, particularly during the COVID-19 pandemic, showcasing his leadership and innovation in enhancing production efficiency and quality in the industry [1][2][4]. Group 1: Production Achievements - In response to the urgent demand for protective materials during the COVID-19 pandemic, the company rapidly transitioned from research samples to mass production of the GMY01 protective suit within 10 days, demonstrating a remarkable production speed [2]. - The daily production capacity of protective masks was increased from 2,000 to 5,000 units through process optimization and inter-departmental coordination [2]. - The company successfully completed the production of 2,000 MF14 gas masks in just one week, contributing significantly to pandemic response efforts [2]. Group 2: Technological Advancements - Wu Shaojie identified gaps in the assembly and quality stability of gas masks compared to international standards, leading to the initiation of an automated production line project in 2023 [3]. - After two years of dedicated effort, the company launched two automated production lines in 2024, significantly enhancing production efficiency and reducing labor costs [4]. - The advancements in production technology have positioned the company as a leader in the domestic protective equipment sector and have laid the groundwork for elevating China's gas mask production technology to an international level [4]. Group 3: Leadership and Team Development - As the party branch secretary, Wu Shaojie established three responsibility zones to leverage the role of party members in ensuring production quality [5]. - He formed a "Youth Vanguard Team" to mentor young technical talents, facilitating practical experience and innovation in production processes [5]. - The Vanguard Team successfully addressed technical challenges in mask lens bonding, resulting in improved product quality and compliance rates [5].

证券代码：834950 证券简称：迅安科技 公告编号：2025-039 常州迅安科技股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、 投资者关系活动类别 □特定对象调研 √业绩说明会 □媒体采访 □现场参观 □新闻发布会 □分析师会议 □路演活动 □其他 二、 投资者关系活动情况 活动时间：2025 年 5 月 7 日 15:00-16:00 活动地点：中证路演中心（https://www.cs.com.cn/roadshow） 上市公司接待人员： 公司董事长、总经理：高为人先生； 公司财务负责人：顾珂先生； 公司董事会秘书：李德明先生； 保荐代表人：王学飞先生。 三、 投资者关系活动主要内容 1、公司在 2024 年对内部控制和公司治理方面做了哪些改进？ 答：2024 年公司进一步完善了内部控制体系，加强了内部审计和风险管理， 确保公司运营的规范性和透明度。公司严格按照相关法律法规和公司章程，规范 三会运作，确保决策的科学性和民主性。同时，公司还加强了对董事、监 ...