1.电子邮箱：gouxiaoxi@emcso.com。 根据《国家标准化管理委员会关于下达2023年第三批推荐性国家标准计划及相关标准外文版计划的通 知》，住房城乡建设部组织中国建筑科学研究院有限公司等单位修订了国家标准《空调设备用加湿 器》。 有关单位和公众可通过以下途径和方式提出反馈意见： 新华财经北京5月26日电（记者高婷）近日，住房城乡建设部就空调设备用加湿器、旋转式空气动力设 备进气过滤系统试验方法第1部分静态过滤元件、旋转式空气动力设备进气过滤系统试验方法第2部分耐 湿性能试验、应用于室外空气处理的化学过滤器分级、通风管内紫外灯对空气微生物紫外辐射剂量的测 定方法五项国家标准，以及一项建筑外墙防水工程技术规程行业标准公开征求意见，意见反馈截止时间 为2025年6月24日。住房城乡建设部已在官网公布了相关征求意见稿内容。 《空调设备用加湿器（修订征求意见稿）》 2.通信地址：北京市北三环东路30号；邮政编码：100013。 根据《国家标准化管理委员会关于下达2024年第二批推荐性国家标准计划及相关标准外文版计划的通 知》，住房城乡建设部组织国家能源集团科学技术研究院有限公司等单位起草了国家标准《旋转 ...

其他专用机械 美埃科技（688376.SH） 增持-A(首次) 下游拓展与海外布局并举，业绩有望维持增势 | 市场数据：2025 年 5 月 | 16 日 | | --- | --- | | 收盘价（元）： | 34.65 | | 年内最高/最低（元）： | 45.98/24.25 | | 流通A股/总股本（亿）： | 0.51/1.34 | | 流通 股市值（亿）： A | 17.67 | | 总市值（亿）： | 46.57 | | 基础数据：2025 | 年 | 月 | 日 | 3 | 31 | 基本每股收益(元)： | 0.33 | | --- | --- | --- | --- | --- | --- | --- | --- | | 摊薄每股收益(元)： | 0.33 | | | | | | | | 每股净资产(元)： | 14.62 | | | | | | | | 净资产收益率(%)： | 2.23 | | | | | | | 资料来源：最闻 分析师： 姚健 执业登记编码：S0760525040001 邮箱：yaojian@sxzq.com 徐风 执业登记编码：S0760519110003 邮箱：x ...

| 市场数据：2025 年 月 5 | 日 16 | | | --- | --- | --- | | 收盘价（元）： | | 34.65 | | 年内最高/最低（元）： | | 45.98/24.25 | | 流通A股/总股本（亿）： | | 0.51/1.34 | | 流通 股市值（亿）： A | | 17.67 | | 总市值（亿）： | | 46.57 | | 基础数据：2025 | 年 | 月 | 日 | 3 | 31 | 基本每股收益(元)： | 0.33 | | --- | --- | --- | --- | --- | --- | --- | --- | | 摊薄每股收益(元)： | 0.33 | | | | | | | | 每股净资产(元)： | 14.62 | | | | | | | | 净资产收益率(%)： | 2.23 | | | | | | | 其他专用机械 美埃科技（688376.SH） 增持-A(首次) 2025 年 5 月 19 日 公司研究/公司快报 资料来源：最闻 分析师： 姚健 执业登记编码：S0760525040001 邮箱：yaojian@sxzq.com 徐风 执业登 ...

Summary of Meier Technology Conference Call Company Overview - **Company**: Meier Technology - **Industry**: Semiconductor and related sectors Key Financial Performance - **Q1 2025 Revenue**: 317 million CNY, up 16.02% YoY [2][3] - **Net Profit**: 41.92 million CNY, up 8.45% YoY [2][3] - **Non-GAAP Net Profit**: 117.8 million CNY, up 17.48% YoY [2][3] - **2024 Revenue**: 1.723 billion CNY, up 14.45% YoY [3] Revenue Composition - **Revenue Sources**: 75% from semiconductor and related sectors; 55% from pure IC-related business, 45% from panel-related business [2][10] - **Consumables Contribution**: Approximately 31% of revenue, with higher gross margins than equipment [14] - **Overseas Revenue**: Expected to reach 20% in 2025, currently at 13% [14][15] Market Strategy and Expansion - **North America Expansion**: Established a subsidiary and plans for capital expenditures including factory construction and acquisitions to increase market share [2][6] - **Malaysia Factory**: Capacity of approximately 200 million CNY, producing various filter products to mitigate US-China tariff impacts [2][6] - **Order Growth**: Anticipated order growth of about 15% in 2025, with significant contributions from semiconductor capital expenditures [15] Competitive Landscape - **Market Share**: Approximately 35%, with main competitors including AAF, Camfil, and U-Fan [5][22] - **Industry Trends**: Optimistic capital expenditure in the domestic semiconductor industry, with advanced processes accelerating [36] Challenges and Risks - **Impact of US-China Tariffs**: Limited impact on operations due to the establishment of the Malaysian factory; however, ongoing uncertainty regarding tariff policies [6][37] - **Management Expenses**: Increased management expenses due to stock incentives and consulting fees, affecting overall performance [4] Product and Service Offerings - **Product Range**: Includes fan filter units, filters for semiconductor crystallization equipment, and cleanroom air quality control for commercial and biopharmaceutical sectors [2][10] - **Chemical Filters**: Used in semiconductor manufacturing to remove harmful gases [11] Future Outlook - **Performance Expectations**: Optimistic about achieving stock incentive targets, with revenue expected to trend towards the upper limits of projections [41] - **Acquisition Strategy**: Open to observing potential acquisitions in upstream and horizontal markets, particularly in raw materials and PCB panels [34] Additional Insights - **Customer Payment Terms**: Extended payment terms for semiconductor clients, averaging 3 to 6 months [38] - **Cash Flow Management**: Focus on improving cash flow through better payment conditions and leveraging self-funding for acquisitions [35] This summary encapsulates the key points from the conference call, highlighting the company's financial performance, market strategies, competitive landscape, and future outlook.