联检科技(301115)5月21日接待特定对象调研，重点回应了公司在汽车检测等新兴业务取得的进展。 在传统建工及房地产领域，受行业周期性调整、政策红利消退及基建投资增速放缓的多重影响，联检科 技相关业务阶段性承压。为应对行业变局，公司主动推进战略转型，通过结构性调整降低传统建工领域 业务占比，聚焦于技术密集、抗周期性强的高附加值检测赛道。2025年一季度战略转型成效显著，公司 营业收入与净利润分别实现20.37%和30.13%的同比增长，汽车检测、消费品检测等新兴业务的高速扩 容，成功弥补传统建工业务收缩带来的缺口。 谈及并购的总体思路，联检科技表示，公司将通过精准化收并购实现外延式发展。通过并购地方实验 室，快速获得区域资质、客户资源和实验室网络，打破检测行业的服务半径限制，实现全国化布局，并 逐渐拓展到越南、新加坡、泰国等周边国际市场。 "同时，我们也将通过收购相关企业，抢占水利、汽车、计量较准、低碳等政策驱动的高增长赛道，补 充公司在相关领域的专项资质和业务能力。"联检科技表示，公司还将通过并购获取行业资质、国际认 证资质等，构建技术壁垒。 总体来说，联检科技采用"区域渗透+赛道扩张+资质补强"三维并购 ...

投资者关系活动记录表 证券代码：301115 证券简称：联检科技 联检（江苏）科技股份有限公司 公司与北京市住宅建筑设计研究院、上海房地产科学研究院、住建部科技 与产业化发展中心一起成立科研小组，研究课题为《房屋养老、体检和保险制 度研究》，研究内容为制度机制、技术研究、试点探索的科研合作等。公司与 徐州市房屋征收和房产保障管理中心、江苏建筑职业技术学院联合成立了"城 镇房屋安全管理研究中心"，研究中心核心成员涵盖房屋安全自动化监测、房 屋安全鉴定、房屋安全排查、房屋安全加固等研究领域方面的专家，致力于研 究并建立城镇房屋养老金制度和房屋安全保险制度，加强房屋全生命周期管 理。 公司在房屋检测方面获得了江苏省建设工程质量检测行业优秀单位、江苏 省鉴定检测单位综合评价3A级企业、江苏省3A级信誉咨询企业、常州市推动 高质量发展先进集体等荣誉称号。多年来，公司作为司法鉴定机构及高院入册 鉴定机构，作为专业第三方机构为大量案件的审理出具了专业的检测、鉴定报 告，参与了大量的灾后鉴定、既有建筑检测鉴定项目，积累了极为丰富的项目 经验，涉及各种类型、各种型式的建筑。2022年以来，全国多地开展自建房安 全专项整治工作， ...

Summary of Conference Call Records Company and Industry Overview - **Companies Involved**: 广电计量 (Guangdian Measurement) and 苏试试验 (Sutest) - **Industry**: Testing and Measurement Services, particularly in military and semiconductor sectors Key Points on 广电计量 - **2024 Performance**: Revenue increased by 11% to 3.2 billion yuan, net profit rose by 76.6%, with a net profit margin exceeding 11% due to management adjustments and strategic focus on profitability [1][4] - **Q1 2025 Performance**: Revenue of 618 million yuan, a year-on-year increase of 5.2%, with net profit of 4.82 million yuan, showing significant improvement [1][6] - **Cost Control Measures**: Implemented cost control through workforce reduction (over 200 employees, nearly 4%) and capital expenditure management, leading to improved net profit margins [1][5] - **Cash Flow Situation**: Q1 2025 operating cash flow was negative 106 million yuan due to seasonal factors, but expected to improve in subsequent quarters [1][12] - **Future Outlook**: Positive expectations for GLP (Good Laboratory Practice) improvements, with strong laboratory and customer foundations supporting future growth [1][8] Key Points on 苏试试验 - **2024 Performance**: Revenue of 2.03 billion yuan, a decline of 4.3%, with net profit of 229 million yuan, down 27% [1][14] - **Q1 2025 Performance**: Revenue of 429 million yuan, a decrease of 3%, with net profit of 40 million yuan, also down 3% [1][14] - **Business Structure**: Comprises environmental testing services, equipment sales, and integrated circuit testing, with environmental testing contributing 64% of gross profit [1][13] - **Challenges**: Decline in revenue and profit primarily due to the experimental equipment segment affected by macroeconomic conditions [1][16] - **Future Outlook**: Anticipated recovery in Q2 and Q3, with expectations for improved performance driven by military orders and semiconductor demand [1][19][20] Additional Insights - **Commonalities**: Both companies are significant players in the military testing services sector and are expected to benefit from rising demand in this area, particularly in semiconductor testing [1][21] - **Strategic Adjustments**: 广电计量 has made significant management changes and strategic shifts towards profitability, while 苏试试验 is focusing on recovering from recent declines [1][4][19] - **Market Dynamics**: The semiconductor sector is highlighted as a key growth area for both companies, with strong demand expected to drive future revenues [1][18]