证券代码：000852 证券简称：石化机械 中石化石油机械股份有限公司投资者关系活动记录表 编号：2025-003 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（请文字说明其他活动内容） 活动参与人员 线上参与公司 2025 年半年度业绩说明会的全体投资者 上市公司接待人员 董事长：王峻乔 独立董事：郭 炜 财务总监：魏 钢 董事会秘书：王务红 时间 2025 年 8 月 26 日（星期二）下午 15:30-17:00 地点 价值在线（https://www.ir-online.cn/） 形式 网络文字互动交流 交流内容及具体问答 记录 交流主要内容： 1.问：董事长你好，公司每年有那么多应收账款，为 什么不收回？ 答:您好！感谢您的关注。公司一直以来高度重视应 收账款的清收工作，并制定了公司应收款项管理提升专项 行动方案（2025-2027 年），成立专项行动工作专班，建 立由销售、经营、财务、法律等多部门协同发力的工作运 行机制，按照"降存量、提质量，强管理、控增量"总体 目标，推动专项行动开展，公司 2025 年 1-6 月销售商品、 ...

Group 1 - The latest stock price of Houpu Co., Ltd. is 11.53 yuan, with a slight increase of 0.02 yuan from the previous trading day [1] - The company specializes in clean energy equipment manufacturing, including products such as natural gas refueling equipment and hydrogen energy equipment [1] - Houpu Co., Ltd. has been listed as a specialized and innovative enterprise, with business operations in hydrogen energy and natural gas sectors [1] Group 2 - A temporary shareholders' meeting is scheduled for August 14, 2025, to review the extension of the validity period for the directed issuance resolution [1] - The company indicated that solid-state hydrogen storage technology could be applied in power generation and has technical feasibility for data center applications, although specific implementation requires further research [1] Group 3 - On August 8, 2025, the main funds experienced a net outflow of 12.47 million yuan, with a cumulative net outflow of 12.14 million yuan over the past five trading days [2]

Core Viewpoint - The 2025 World Clean Energy Equipment Conference will be held from September 16 to 18 in Deyang, Sichuan, focusing on the innovative development of the entire clean energy equipment industry chain [1][3]. Group 1: Conference Overview - The conference will gather leading enterprises, key industry representatives, research institutions, and financial professionals to build an industrial ecosystem [3]. - It will cover core areas of the clean energy equipment industry, including efficient coal equipment, hydropower, wind power, photovoltaics, nuclear power, biomass energy, new energy storage, smart grids, and efficient transmission and transformation [3]. - The event aims to showcase the latest technological innovations and discuss paths for intelligent upgrades and digital transformation in equipment [3]. Group 2: China's Clean Energy Landscape - China has established the world's largest and fastest-growing clean energy system, with hydropower, wind power, and photovoltaic installed capacity ranking first globally for several consecutive years [3]. - By 2025, China's nuclear power capacity is expected to become the largest in the world for the first time [3]. - Significant global-impact equipment, such as the world's largest 26 MW offshore wind turbine and the first 300 MW compressed air energy storage power station, have been developed [3]. Group 3: Global Integration and Cooperation - China's clean energy equipment not only supports domestic energy transformation but also actively integrates into the global energy network [3]. - Through initiatives like the Belt and Road energy cooperation, China's hydropower units assist energy construction in mountainous countries like Nepal and Peru [3]. - Wind turbine exports have seen a growth rate exceeding 20% in the first half of this year [3]. Group 4: Conference Structure and Themes - The conference will adopt a "1+1+N" model, including an opening ceremony, keynote sessions, multiple in-depth thematic meetings, an exhibition, and market matchmaking events [4]. - Topics will extend to intelligent manufacturing, green finance, and industrial integration, which are critical support areas [4].

Core Viewpoint - Wuhan's Hydrogen Industry Development Three-Year Action Plan (2025-2027) aims to accelerate the development of hydrogen equipment and fuel cell vehicles, focusing on infrastructure and manufacturing enhancements [1] Group 1: Hydrogen Equipment and Fuel Cell Vehicles - The plan emphasizes the acceleration of intelligent manufacturing for hydrogen equipment and the establishment of zero-carbon industrial parks and hydrogen technology industrial parks [1] - It promotes the development of hydrogen storage and transportation equipment, including the industrialization of liquid hydrogen tank transportation technology and the application of liquid organic solvent hydrogen storage equipment [1] - There is a focus on increasing production of key products such as hydrogen electrolysis cells and hydrogen compressors, along with optimizing reward policies for hydrogen equipment manufacturing enterprises [1] Group 2: Hydrogen Infrastructure Development - The plan advocates for the construction of hydrogen refueling infrastructure, with a strategy to compile hydrogen station construction plans based on a principle of moderate advancement [1] - It aims to simplify approval processes and prioritize the construction of hydrogen stations along the third and fourth ring roads, creating a hydrogen refueling loop [1] - The initiative encourages the renovation and expansion of existing gas stations to include hydrogen facilities, promoting the establishment of integrated energy stations that combine oil, gas, electricity, and hydrogen [1]

Core Viewpoint - The company, Shihua Machinery, has been experiencing a decline in stock performance despite the overall positive trend in the oil and gas service sector due to geopolitical events in the Middle East. The company is focusing on improving its market value management while continuing its operational development [2][6]. Group 1: Company Performance - As of July 4, 2025, Shihua Machinery's stock closed at 6.63 yuan, down 1.92%, with a turnover rate of 2.4%, a trading volume of 226,700 shares, and a transaction value of 151 million yuan [1]. - On the same day, the company experienced a net outflow of 6.87 million yuan from major funds, a net outflow of 2.35 million yuan from speculative funds, while retail investors saw a net inflow of 9.22 million yuan [6]. Group 2: Business Operations - The company does not produce hydrogen energy but focuses on manufacturing hydrogen energy equipment and providing integrated solutions [3]. - Shihua Machinery has a strong technical team in the hydrogen energy sector, including 10 PhDs and over 50 master's degree holders, and has achieved multiple patents and standards in this field. The company aims to develop key technologies and equipment for hydrogen energy solutions [4]. Group 3: Market Presence - The company has established business relationships in several countries along the Belt and Road Initiative, including Saudi Arabia, Kuwait, Qatar, the UAE, Kazakhstan, and Algeria [4]. - In the past two years, the company has not generated any sales revenue from EU countries [5].

Group 1 - The company announced that its wholly-owned subsidiary, Beijing Tianhai Hydrogen Energy Equipment Co., Ltd., received a government subsidy of 5.942 million yuan on June 13, 2025 [1] - Among the subsidy, 2.298 million yuan is related to income, accounting for 10.19% of the company's most recent audited net profit [1] - The asset-related portion of the subsidy amounts to 3.644 million yuan, representing 0.26% of the company's most recent audited net assets [1] Group 2 - The government subsidy is expected to have a positive impact on the company's operating performance for the year 2025 [1]

Core Viewpoint - The article outlines the "Three-Year Action Plan for Hydrogen Energy Industry Development in Hunan Province," aiming for significant progress in the hydrogen energy sector by 2027, including breakthroughs in key materials and equipment across the hydrogen supply chain, and the establishment of a robust market and management mechanism [1][4][5]. Group 1: Action Goals - By 2027, Hunan aims to achieve notable advancements in the hydrogen energy industry, with key breakthroughs in hydrogen production, storage, transportation, and application across various sectors such as transportation, hydrogen storage, hydrogen metallurgy, and hydrogen chemical engineering [5]. - The plan includes the establishment of approximately 10 influential enterprises in the hydrogen sector, leading the nation in key materials and equipment, and forming a distinctive hydrogen energy industrial cluster [5]. Group 2: Development Model - The development model emphasizes coordinated layout and collaboration across the province, integrating hydrogen energy supply, industrial foundation, and market space [7]. - Innovation-driven approaches will focus on overcoming application technology bottlenecks and enhancing the stability and competitiveness of the supply chain [7]. - The plan highlights the importance of leading enterprises and multi-party collaboration, with government guidance and market leadership to foster a conducive environment for industry growth [9]. Group 3: Spatial Layout - Hunan will create a "Hydrogen Energy Green Port" and establish two demonstration corridors centered around major highways, enhancing hydrogen transportation networks and exploring applications in medium and heavy-duty vehicles [10][11]. - Several application demonstration zones will be developed, leveraging local advantages in research and market applications to promote hydrogen energy technologies [13]. Group 4: Key Tasks - Accelerating core technology breakthroughs in hydrogen production and storage, including PEM and alkaline electrolysis technologies, and developing integrated hydrogen production and refueling technologies [15]. - Strengthening major platform construction to create national fuel cell demonstration city clusters and innovation centers [15]. - Promoting the transformation of innovative results and establishing testing platforms for key materials and components in the hydrogen sector [15]. Group 5: Support Measures - The plan emphasizes the need for coordinated efforts across various government departments to create a favorable environment for hydrogen energy innovation and development [21]. - It calls for enhanced policy support to reduce hydrogen costs and promote commercialization, alongside safety regulations to ensure industry standards [22].

Core Viewpoint - Zhongyuan Neipei (002448) signed a strategic cooperation agreement with Sunshine New Energy on May 30, 2025, aimed at energy structure transformation and achieving complementary advantages and win-win cooperation [1] Group 1: Cooperation Agreement Details - The cooperation agreement serves as a framework for collaboration between the two companies [1] - Key areas of cooperation include integrated projects for wind power, hydrogen equipment industry collaboration, hydrogen application scenarios, and long-term green electricity agreements [1] Group 2: Financial Impact - The cooperation is expected to have no significant impact on the company's financial status and operating results for the year 2025 [1]

Group 1 - The Wuhan Jiangfeng Electronic Materials Co., Ltd. specializes in the production of ultra-pure metal sputtering targets and precision molybdenum for new display core materials, with an emphasis on leveraging local talent for technological and management innovations [1] - The China Saibao (Central China) Laboratory provides high-quality measurement and component testing services for industries such as optoelectronics, communications, and aerospace, aiming to support the development of key industries in Wuhan [1] - The Xihu Agricultural Modernization Project in the Jinghe Street area focuses on integrating agriculture with tourism, promoting the development of modern urban agriculture and the fusion of primary, secondary, and tertiary industries [2] Group 2 - Sinopec Hydrogen Energy Machinery (Wuhan) Co., Ltd. is engaged in the research, manufacturing, and system integration of hydrogen energy equipment, with a call for the company to seize opportunities in the hydrogen energy sector and enhance its technological capabilities [2] - The emphasis on high-quality development and the integration of technological and industrial innovation is crucial for traditional industries to upgrade and for new industries to emerge, ensuring sustainable economic growth [3] - The need for effective governance and social stability is highlighted as essential for supporting high-quality development, with a focus on addressing community concerns and risks [3]

Group 1: Financial Performance - In Q1 2025, the company's revenue and net profit increased by 0.10% and 4.18% year-on-year, respectively, while the non-recurring net profit decreased by 43.45% [2][3] - In 2024, the company's revenue was 1.152 billion yuan, a decrease of 35.18% year-on-year, with both net profit and non-recurring net profit turning from profit to loss [6][11] - The net cash flow from operating activities in 2024 was -249 million yuan, significantly reduced compared to the previous year [14] Group 2: Market Position and Strategy - The company aims to seize opportunities in the LNG heavy truck market in 2025, focusing on growth, capability enhancement, and brand influence [2][11] - The market share of the company's main product, the vehicle-mounted LNG supply system, remained stable and is expected to slightly increase through quality assurance and customer engagement [17] - The company has established a "customized products + value-added services" model to respond to customer needs and enhance market competitiveness [17] Group 3: Research and Development - R&D expenses in Q1 2025 increased by 58.92%, focusing on lightweight design and new materials to enhance product quality [15] - The company has achieved breakthroughs in the low-temperature insulation performance of vehicle-mounted LNG tanks and improved production efficiency through digital automation [10][15] - Collaborations with universities and research institutions have been established to leverage talent and resources for technological advancements [10] Group 4: Challenges and Responses - The decline in non-recurring net profit was attributed to decreased sales prices and increased costs from new projects, leading to a focus on cost control and efficiency improvement [2][6][12] - The company has implemented measures such as optimizing resource allocation and enhancing supplier management to control costs and improve operational efficiency [8][12] - A provision of approximately 141 million yuan was made for impairment of assets related to the lithium battery anode material business due to low market profitability [6][7] Group 5: Industry Trends and Outlook - The LNG heavy truck industry is experiencing rapid growth, driven by policy support and market demand for high-efficiency, low-emission vehicles [18][19] - The company plans to capitalize on national policies supporting the LNG industry and aims to enhance its sustainable development capabilities [19]