证券代码：000811 证券简称：冰轮环境 冰轮环境技术股份有限公司投资者关系活动记录表 编号：【2026】第 003 号 | 投资者关 | □特定对象调研 | □分析师会议 | | --- | --- | --- | | | □媒体采访 | □业绩说明会 | | 系 | □新闻发布会 | √路演活动 | | 活动类别 | □现场参观 | □其他 | | 参与单位 | | | | 名称 | | 中欧基金代云锋、黄宇超、国信证券吴双、张翔宇 | | 及人员姓 | | | | 名 | | | | 时间 | 2026 年 1 月 8 日 | | | 地点 | 腾讯会议 | | | 上市公司 | | | | 接 | 董事会秘书孙秀欣 | | | 待人员姓 | | | | 名 | | | 公司致力于在能源和动力领域提供先进的系统解决方案和全生 命周期服务，主要产品形式为压缩机和换热装置，实施温控、增压等 冷热能管理功能，覆盖-271℃-200℃温度区间。具体有螺杆式压缩机、 离心式压缩机、吸收式制冷机、活塞式压缩机、涡旋式压缩机、工业 热泵、储能蓄能装置、真空冻干设备、速冻装置、换热设备、船用制 冷设备、多联机等。 投 ...

公司主营业务及产品布局 冰轮环境专注于能源和动力领域，提供先进系统解决方案及全生命周期服务，核心产品包括压缩机和换 热装置，可实现-271℃至200℃温度区间的温控、增压等冷热能管理功能，具体涵盖螺杆式、离心式、 活塞式、涡旋式压缩机，以及工业热泵、储能蓄能装置、真空冻干设备等。 从应用领域看，公司产品覆盖商业制冷（食品冷冻冷藏、冷链物流、冰雪场馆等）、工业冷冻（能源化 工工艺冷却、航天风洞等）、商用舒适空调（轨道交通、商业地产等）、工业特种空调（数据中心、核 电站等），以及余热余能利用、气体压缩液化、储能系统、新能源装备等多个场景。2025年前三季度， 公司低温制冷板块营收略有下滑但降幅逐季收敛，特种空调和热管理板块则实现同比增长。 数据中心液冷系统：顿汉布什产品服务国内外大型项目 调研中，机构重点关注了公司在数据中心液冷系统的应用及产能情况。冰轮环境表示，旗下顿汉布什公 司和冰轮换热技术公司为数据中心及液冷系统提供一次侧冷源装备和热交换装置。 顿汉布什拥有131年历史，跻身欧美系暖通空调一线梯队，其"变频离心式冷水机组"（含高压变频和磁 悬浮变频两类）和"集成自然冷却功能的风冷螺杆冷水机组"入选工信部《国 ...

证券代码：000811 证券简称：冰轮环境 冰轮环境技术股份有限公司投资者关系活动记录表 编号：【2026】第 001 号 | 投资者关 | □特定对象调研 | □分析师会议 | | --- | --- | --- | | | □媒体采访 | □业绩说明会 | | 系 | □新闻发布会 | √路演活动 | | 活动类别 | □现场参观 | □其他 | | 参与单位 | | | | 名称 | | 银华基金于蕾、王建、杨兆鑫、施航、杜鹃、杨丹、唐泽辉、华泰证 | | 及人员姓 | 券王龙钰 | | | 名 | | | | 时间 | 2026 年 1 月 7 日 | | | 地点 | 公司会议室 | | | 上市公司 | | | | 接 | 董事会秘书孙秀欣 | | | 待人员姓 | | | | 名 | | | 活动期间谈论的主要内容如下： 一、讨论了业务情况和产业板块 公司致力于在能源和动力领域提供先进的系统解决方案和全生 命周期服务，主要产品形式为压缩机和换热装置，实施温控、增压等 冷热能管理功能，覆盖-271℃-200℃温度区间。具体有螺杆式压缩机、 离心式压缩机、吸收式制冷机、活塞式压缩机、涡旋式压缩机、工 ...

Core Insights - The International Energy Agency (IEA) report highlights that the industrial sector accounts for 30% of global energy consumption, with low-temperature heat and steam demand representing 70% of this consumption, making electrification a cost-effective path for industrial decarbonization [1][14][29] - The report emphasizes the potential of electrification technologies such as industrial heat pumps, electric boilers, and thermal energy storage to significantly reduce emissions and enhance energy security [2][15][38] Group 1: Core Technologies and Application Potential - Industrial heat pumps can provide heat up to 150°C with a coefficient of performance (COP) around 3, while electric boilers can generate steam at 350°C and 70 bar pressure with efficiencies of 95%-98% [2][35] - The global potential for these technologies is substantial, with the EU able to reduce fossil fuel consumption by nearly 3,000 PJ and China by 9,000 PJ, corresponding to significant reductions in natural gas imports [2][41] - Thermal energy storage systems, using low-cost materials, can store energy at a cost of $15-20 per kWh, addressing the intermittency of renewable energy sources [2][36] Group 2: Regional Development Status and Differences - The EU is leading in electrification due to favorable policies and energy prices, with industrial heat pumps becoming cost-competitive in countries like Finland and Spain [3][39] - China is pushing for industrial electrification through its dual carbon goals, focusing on industrial parks and renewable energy integration, which can reduce steam costs significantly [3][41][44] - The ASEAN region faces challenges due to its reliance on coal, but has potential for solar energy integration in industrial parks, with ongoing financial reforms to lower barriers [3][45] Group 3: Key Barriers and Action Pathways - Major barriers to electrification include long grid connection times, unfair energy taxation, high upfront investment costs, and a shortage of skilled labor [4][46] - The report suggests six priority actions to accelerate electrification, including integrating heat electrification into national energy plans, reforming energy taxes, and enhancing workforce training [4][46][50]

编号：【2025】第 094 号 | 投资者关 | □特定对象调研 | □分析师会议 | | --- | --- | --- | | | □媒体采访 | □业绩说明会 | | 系 | □新闻发布会 | √路演活动 | | 活动类别 | □现场参观 | □其他 | | 参与单位 | | | | 名称 | 天风证券朱晔、任康 | | | 及人员姓 | | | | 名 | | | | 时间 | 2025 年 12 月 23 日 | | | 地点 | 公司会议室 | | | 上市公司 | | | | 接 | 董事会秘书孙秀欣 | | | 待人员姓 | | | | 名 | | | 证券代码：000811 证券简称：冰轮环境 冰轮环境技术股份有限公司投资者关系活动记录表 要内容介 绍 从营收角度看，前三季度低温制冷板块略有下滑，降幅逐季收敛； 特种空调和热管理板块同比增长。 二、讨论了公司产品在数据中心包括液冷系统的应用及产能情 况 公司旗下顿汉布什公司和冰轮换热技术公司为数据中心乃至液 冷系统提供一次侧冷源装备和热交换装置等冷却装备。 活动期间谈论的主要内容如下： 一、讨论了业务情况和产业板块 公司致力于在能源和动力领 ...

证券代码：000811 证券简称：冰轮环境 公司旗下顿汉布什公司和冰轮换热技术公司为数据中心乃至液 冷系统提供一次侧冷源装备和热交换装置等冷却装备。 冰轮环境技术股份有限公司投资者关系活动记录表 编号：【2025】第 090 号 | 投资者关 | □特定对象调研 | □分析师会议 | | --- | --- | --- | | | □媒体采访 | □业绩说明会 | | 系 | □新闻发布会 | √路演活动 | | 活动类别 | □现场参观 | □其他 | | 参与单位 | | | | 名称 | | 申万菱信基金付娟、苗琦、龚霄、谢欣雨、兴业证券袁逸凌 | | 及人员姓 | | | | 名 | | | | 时间 | 2025 年 12 月 18 日 | | | 地点 | 公司会议室 | | | 上市公司 | | | | 接 | 董事会秘书孙秀欣 | | | 待人员姓 | | | | 名 | | | 活动期间谈论的主要内容如下： 一、讨论了业务情况和产业板块 公司致力于在能源和动力领域提供先进的系统解决方案和全生 命周期服务，主要产品形式为压缩机和换热装置，实施温控、增压等 冷热能管理功能，覆盖-271℃-200 ...

一、讨论了业务情况和产业板块 公司致力于在能源和动力领域提供先进的系统解决方案和全生 命周期服务，主要产品形式为压缩机和换热装置，实施温控、增压等 冷热能管理功能，覆盖-271℃-200℃温度区间。具体有螺杆式压缩机、 离心式压缩机、吸收式制冷机、活塞式压缩机、涡旋式压缩机、工业 热泵、储能蓄能装置、真空冻干设备、速冻装置、换热设备、船用制 冷设备、多联机等。 投资者关 系活动主 从客户行业维度看公司产品广泛应用于食品/农副产品冷冻冷藏 及深加工、冷链物流基地建设、食品/药品真空冻干、冰雪运动场馆、 加工预处理产线等商业制冷系统；能源/化工生产工艺冷却、航天风 洞/超导科研等人工特殊环境、建筑骨料冷却、隧道矿井探凿冻结等 工业冷冻系统；轨道交通、商业地产、公共场馆、科研文教等商用舒 适空调；数据中心、核电站、冶金石化、洁净空间、电子厂房、制药、 矿井热害、节能改造等工业特种空调；以及余热余能利用、气体压缩 及液化、储能系统、新能源装备、洁净排放；黑色金属铸造、有色金 属铸造、铸件精密加工、3D 智能成型；工业智控、智能产线、智慧 物流等。 证券代码：000811 证券简称：冰轮环境 冰轮环境技术股份有限公司投 ...

Group 1: Business Overview - The company focuses on providing advanced system solutions and lifecycle services in the energy and power sectors, with products including compressors and heat exchangers, covering a temperature range of -271℃ to 200℃ [3] - Products are widely used in various industries such as food processing, cold chain logistics, industrial cooling systems, and commercial air conditioning [3] Group 2: Revenue Performance - The low-temperature refrigeration segment experienced a slight decline in revenue in the first three quarters, with the decline rate narrowing each quarter; however, the special air conditioning and thermal management segments saw year-on-year growth [4] Group 3: Data Center Applications - The company’s subsidiaries provide cooling equipment for data centers, including liquid cooling systems, with significant projects completed for major clients like the National Supercomputing Center and various banks [4][6] - The Dunham-Bush company has a 131-year history and has developed advanced cooling technologies, including variable frequency centrifugal chillers [4] Group 4: Thermal Management Technologies - The company is committed to energy management through a full range of industrial heat pumps, with a focus on its subsidiary, Beijing Huayuan Taimeng, recognized as a national-level "little giant" enterprise [6][7] - The company has developed several patented technologies for heat recovery and energy efficiency, contributing to national energy-saving initiatives [6][7] Group 5: Market Trends and Policies - The company’s technologies align with national carbon neutrality policies, providing solutions for high-energy-consuming industries to reduce energy consumption and carbon emissions [7] - The demand for heat recovery and high-temperature heat pumps is expected to grow due to urban renewal and infrastructure upgrades [7] Group 6: Joint Ventures and Future Outlook - The joint venture Yantai Modern Ice Wheel Heavy Industry Co., Ltd. has established a competitive position in the market, with projected revenues exceeding 700 million in 2024 [8]

Core Insights - Midea Group and Inovance Technology have signed a strategic cooperation agreement focusing on smart elevators, industrial robots, low-carbon parks, and digitalization [1][2] - The collaboration aims to leverage technology as a core driver for breakthroughs in core technologies and upgrades in high-end manufacturing [1] - The partnership will create a model for industrial cooperation based on "technology complementarity - scene implementation - ecological synergy" [1] Technology Complementarity - The focus will be on integrated control systems for elevators, promoting technological advancements and the intelligent transformation of the elevator industry [1] - Both companies will engage in deep cooperation in research and development and ecological collaboration in relevant business areas [1] Robotics Development - The partnership will advance the integration of AI in industrial robots and promote the development of humanoid robots [1] - Joint efforts will focus on core technologies such as joint drive and motion control to transition humanoid robots from laboratory settings to industrial applications [1] Green and Low-Carbon Initiatives - Midea Group will utilize its comprehensive service capabilities in green energy to provide customized green solutions for Inovance Technology's office and industrial facilities [1] - The collaboration aims to create benchmark cases for low-carbon transformation in the industry, covering key products like HVAC systems, industrial heat pumps, and magnetic levitation chillers [1]

Group 1: Business Overview - The company focuses on providing advanced system solutions and lifecycle services in the energy and power sectors, with products including compressors and heat exchangers, covering a temperature range of -271°C to 200°C [3] - Key applications of products span across various industries such as food processing, cold chain logistics, industrial cooling systems, and commercial air conditioning [3] Group 2: Financial Performance - The low-temperature refrigeration segment experienced a slight decline in revenue during the first three quarters, with the decrease narrowing each quarter; however, the special air conditioning and thermal management segments showed year-on-year growth [4] Group 3: Data Center Applications - The company’s subsidiaries provide cooling equipment for data centers, including liquid cooling systems, with significant projects completed for major clients like the National Supercomputing Center and various banks [4][6] - The proportion of centrifugal chillers, particularly magnetic levitation types, is increasing in the IDC chiller market, while the share of screw chillers is declining [6] Group 4: Nuclear Power Sector - The company is actively involved in the nuclear power sector, focusing on core applications such as nuclear island cooling and heat recovery, with successful projects at multiple nuclear power stations [7] - Innovations include a no-power cooling system for the containment shell and technologies for nuclear heating and long-distance heat supply [7] Group 5: Thermal Management and Carbon Neutrality - The company is committed to thermal management solutions, particularly through industrial heat pumps, and has been recognized as a national-level specialized "little giant" enterprise [8] - The company’s technologies for waste heat recovery and carbon capture are expected to become essential in high-energy-consuming industries, driven by national policies on carbon neutrality [8]