格隆汇10月10日丨津荣天宇(300988.SZ)在投资者互动平台表示，公司主营业务为精密金属部品和新能 源储能产品的研发、生产和销售，产品广泛应用于能源管理及输配电、工业自动化及智能制造、风光及 分布式能源、云计算数据中心、轨道交通、节能汽车及新能源汽车以及储能等领域。截至目前，公司产 品暂未应用于核电及可控核聚变领域。 ...

格隆汇10月10日丨津荣天宇(300988.SZ)在投资者互动平台表示，司主营业务为精密金属部品和新能源 储能产品的研发、生产和销售，产品广泛应用于能源管理及输配电、工业自动化及智能制造、风光及分 布式能源、云计算数据中心、轨道交通、节能汽车及新能源汽车以及储能等领域。截至目前，公司产品 暂未应用于核电及可控核聚变领域。 ...

Group 1 - The company is accelerating its development in the new energy sector, particularly in solid-state batteries and energy storage business [1] - A significant agreement was signed for the procurement of a 200MWh solid-state battery production line, expected to start installation in Q4 2025 [1] - In the first half of 2025, the company achieved a revenue of 302 million yuan, a year-on-year increase of 9.03%, and a net profit of 41.46 million yuan, up 18.11%, driven by the expansion of its energy storage business [1] Group 2 - The company is developing a new energy storage system and related products in the Shandong Heze project, with production expected to reach capacity between 2025 and 2026 [1] - The Zhejiang Huzhou Anji project focuses on a 4GW new power system equipment production, with a 2GWh energy storage system integration line already in operation since April 2025 [2] - The company has made breakthroughs in immersion liquid cooling PACK technology, enhancing cooling efficiency and product safety features [2] Group 3 - The company aims to develop a dual-main business strategy, focusing on both industrial wireless control equipment and new energy business, while extending its reach along the industry chain [2] - The company plans to integrate energy storage solutions, photovoltaic storage components, and EPC engineering construction to become a comprehensive new energy solution provider [2]

Core Viewpoint - The company, JINRONG TIANYU (300988.SZ), is focusing on the development, production, and sales of precision metal components and new energy storage products, with a strong demand for localized manufacturing in North America due to the growth in data centers and the automotive industry [1] Group 1: Business Operations - The company is transitioning its Mexican factory to full production phase, with capacity utilization gradually increasing [1] - A new intelligent production base is being established in Xiamen, Fujian, set to be operational by March 2025, aimed at serving globally recognized electrical leaders such as Schneider Electric [1] Group 2: Market Demand - There is a strong demand from customers for localized manufacturing, driven by the continuous growth in the North American data center and automotive sectors [1] - The main products produced at the new facility will include disposable ring network control cabinets, vacuum circuit breakers, and integrated stamping and sheet metal products for critical power supply [1] Group 3: Growth Potential - The company anticipates rapid growth as customer businesses expand, particularly with the new production base supporting major electrical enterprises [1]

格隆汇9月19日丨津荣天宇(300988.SZ)在互动平台表示，公司主营业务为精密金属部品和新能源储能产 品的研发、生产和销售。截至目前，公司业务暂不涉及固态电池技术研究等。后续，公司将持续挖掘市 场需求，积极做好技术创新，快速响应并满足市场需求。 ...

Group 1: Company Overview - The company specializes in precision metal components and new energy storage products, integrating R&D, manufacturing, and sales [1] - It provides high-quality solutions in various fields, including electrical, automotive, and energy storage [1] Group 2: Financial Performance - In the first half of 2025, the company achieved a revenue of CNY 963,371,925.90, a year-on-year increase of 12.32% [1] - Net profit attributable to shareholders was CNY 60,607,666.16, reflecting a significant year-on-year growth of 96.43% [2] - The net profit after deducting non-recurring gains and losses was CNY 60,095,003.06, with a year-on-year increase of 97.68% [2] Group 3: Growth Drivers - The internationalization strategy has become a new growth point, with overseas factories contributing CNY 73,663,200, a year-on-year increase of 11.74% [2] - Sales from electrical precision components, particularly medium-pressure gas-insulated switchgear parts, grew by 80.13% [3] - Automotive precision components revenue increased by 12.18%, with a gross margin rise of 4.01% due to export growth and domestic technology breakthroughs [4] Group 4: Future Outlook - The company plans to expand its overseas business and domestic medium-pressure precision components, leveraging growth opportunities in wind power products and automotive precision components [2] - It aims to enhance its communication base station energy management projects and achieve sustained revenue growth [2] Group 5: Cash Flow Management - In the first half of 2025, the net cash flow from operating activities reached CNY 6,788.02 million, marking a historical high with a year-on-year increase of 41.58% [7]

Group 1: Supply Chain and Cost Management - The company has improved the domestic substitution rate of key raw materials by several percentage points compared to the same period last year [1] - The company utilizes a combination of regular and strategic procurement to minimize costs and ensure production needs are met [1] - The company maintains good long-term relationships with major suppliers to mitigate the impact of raw material price fluctuations [1] Group 2: Quality Management - The company has reduced external customer complaint rates through the implementation of the IATF 16949 system, with internal and external quality loss costs decreasing from 0.64% in 2024 to 0.55% in 2025 [2] - The company has achieved a product quality control level with external quality performance of less than 1 PPM for automotive clients [3] Group 3: Research and Development - R&D expenses reached 31.01 million yuan in the first half of 2025, with a focus on automation and intelligent upgrades [10] - The company has obtained a total of 263 patents, including 42 invention patents, demonstrating a commitment to technological innovation [10] - New precision processing patents have been successfully applied to mass production, significantly improving yield rates [5] Group 4: Market Expansion and Client Diversification - The company has expanded its client base in the automotive sector, reducing reliance on a single automaker, with new orders from emerging car manufacturers contributing to 1.6 billion yuan in expected annual sales [7] - The company has successfully integrated aluminum die-casting technology into the supply chain of leading new energy vehicle manufacturers [9] Group 5: Financial Performance - The company's net profit growth outpaced revenue growth, with high-value products in the electrical precision components sector increasing by 80.13% year-on-year [16] - The gross margin for the first half of 2025 was 21.79%, an increase of 4.12% compared to the previous year, driven by a higher proportion of high-value products [17] Group 6: Sustainability and ESG Initiatives - The company has reduced carbon emissions per billion yuan of sales from 784.6 tons in 2019 to 351.6 tons by the end of 2024, a reduction of 55.2% [19] - The company is actively pursuing green manufacturing initiatives and has joined Schneider Electric's "Zero Carbon Plan" [19] Group 7: Operational Efficiency - The company has reduced inventory turnover days by 10.56 days compared to the previous year, enhancing operational efficiency [20] - The company has achieved a delivery accuracy rate of over 99% for automotive and electrical clients [20]

Core Insights - The article highlights the successful implementation of a quality management certification system in the Pingdingshan High-tech Zone, which has significantly improved the quality management practices of local companies, particularly in the nylon modification sector [1][2][5]. Group 1: Policy Support and Framework - The Pingdingshan High-tech Zone has integrated quality management system certification into its "Quality Strong Zone" strategy, establishing a three-year action plan to create a positive cycle of "certification - enhancement - efficiency" [2]. - The region has focused on key industries such as electrical equipment, nylon new materials, and energy storage, providing targeted guidance to avoid "blind benchmarking" by enterprises [2][5]. Group 2: Service and Implementation - A "Quality Steward" service model has been introduced, offering tailored support to companies throughout the certification process, addressing issues such as unclear supplier audit processes and data traceability [3][4]. - The region has trained over 2,800 individuals from more than 2,000 small and micro enterprises, fostering quality management talent and ensuring effective implementation of certification systems [3][4]. Group 3: Ecosystem and Collaboration - The establishment of a "Certification Service Resource Pool" has enabled the integration of over 10 authoritative certification bodies and quality experts, providing one-stop services to enterprises [4]. - The region promotes an "ecological linkage" model, where leading companies share their certification experiences with others, enhancing the overall quality stability of the supply chain [5]. Group 4: Impact on Business Development - Certification has enabled companies like Kolong New Materials to enter high-end markets, resulting in a 30% increase in order volume and improved access to credit financing [6]. - Among the 50 certified small and medium-sized enterprises, 38 have reported sales growth, and 12 have successfully entered high-end domestic or international supply chains, demonstrating the effectiveness of quality certification as a market entry strategy [6].

Group 1 - The company, Jintai Tianyu (300988.SZ), focuses on the research, production, and sales of precision metal components and new energy storage products [1] - The company's electrical precision components are widely used in data centers and other fields [1] - Major clients of the company include Schneider, ABB, Siemens, Sogoumei, and Jabil Technology [1]

Core Viewpoint - The company, Jinrong Tianyu, has successfully navigated complex market conditions through strategic internationalization, leading to significant growth in revenue and profit contributions from overseas operations [1][2]. Financial Performance - In 2024, Jinrong Tianyu achieved operating revenue of 1.839 billion yuan, a year-on-year increase of 20.48%, and a net profit attributable to shareholders of 76 million yuan [3]. - The net cash flow from operating activities surged by 742.77% to 181 million yuan, indicating a strong improvement in overall financial health [3]. - The company plans to distribute cash dividends of 23.43 million yuan to shareholders, reflecting its commitment to sharing growth with investors [3][4]. Internationalization Strategy - The internationalization strategy has begun to yield results, with overseas factories entering stable production phases and starting to generate profits [2][6]. - Revenue from factories in Thailand and India reached 141 million yuan and 8.67 million yuan, respectively, marking increases of 37.18% and 443.05% year-on-year [6]. Business Segments - In the electrical precision components sector, the company reported a 51.27% increase in sales of precision components for Schneider's new generation of medium-voltage gas-insulated ring main units [7]. - The automotive precision components segment saw a revenue growth of 4.04% with an increase in gross margin by 1.72% [8]. R&D Investment - Jinrong Tianyu increased its R&D expenditure to 78.87 million yuan, a rise of 13.58% from the previous year, and has accumulated 40 invention patents and 194 utility model patents [5]. - The focus on R&D is expected to enhance long-term profitability and market share, despite potential short-term profit sacrifices [5]. Sustainability and Green Growth - The company has made significant strides in sustainable practices, with renewable energy usage in production rising from 20.3% in 2023 to 35.7% in 2024 [9]. - Jinrong Tianyu has been recognized as a benchmark enterprise in green supply chain practices, enhancing its brand value and market competitiveness [9]. Future Outlook - For 2025, the company anticipates continued growth, with Q1 results showing a 10.30% increase in revenue and a 48.00% rise in net profit year-on-year [10]. - The company is expanding its international production bases in North America and Europe, which are expected to drive future revenue growth [11]. - Jinrong Tianyu plans to maintain high R&D investment and focus on optimizing its communication base station energy management systems [12].