创元科技分析师会议 调研日期：2026年01月26日 调研行业：环保行业 参与调研的机构：永赢基金、浙商证券等 / 机构调研pro小程序 DJvanbao.com 洞见研报 出品 : 机构调研pro小程序致力于为金融证券投资者提供最新最全的调研会议纪要。 来机构调研pro小程序，了解最新的：行业投资风向、热门公司关注、权威机构分析... 权威完善的信息持续更新! 更多精彩的机构调报告请移步机构调研pro小程序~ 一解投资机构行业关注度。 频判市场 | Gallia | | | --- | --- | | 11 2 12 200 2 110 | | | 1:给我们 = 影片面临官 = | | | 阿里巴巴佩尼 | | | 钢铁机之题。 8 | 图纸制图: 23 | | 20GB Millio Aller 19 | | | 海双集团 | | | 1 1 80.0 0 | 总机构建 23 | | LOGA: REGH, KETA: 1986 | | | 小麦具日 | | | 的研究次数:8 | 上机构馆:23 | | 定年代的:用者点击:我要的中:主要原因 | | | START SHILL CARD | | | ...

证券代码：000551 证券简称：创元科技 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） 参与单位名称及 人员姓名 永赢基金、浙商证券。 时间 2026 年 1 月 26 日 星期一 下午 3:30 至 4:15 地点 公司会议室 上市公司接待人 员姓名 创元科技独立董事 蒋薇薇女士； 创元科技董事会秘书、副总经理 周微微女士； 创元科技董秘处总经理、证券事务代表 陆枢壕先生。 投资者关系活动 主要内容介绍 一、创元科技介绍公司基本情况 二、提问交流环节 1、请介绍一下江苏苏净的主要业务？ 答:公司全资子公司江苏苏净作为国内领先的洁净环保领 域整体解决方案供应商，核心主导产品涵盖四大类：一是空气 洁净设备及系统，如 0.1 微米级超高等级洁净室、洁净手术室 等；二是生物安全设备及系统，如生物安全柜、三级生物安全 柜等；三是节能环保设备及系统，如纯水制备、废水治理、废 气处理、土壤、环境检测和治理等；四是气体（氮、氢、氧等） 制取及纯化。江苏苏净主导产品广泛应用于新型信息技术、节 能环保、生物医药、新能源 ...

Core Insights - Chuangyuan Technology's wholly-owned subsidiary, Jiangsu Sujing, is a leading provider of comprehensive clean and environmental solutions in China [1] - The company's core products are categorized into four main types: air purification equipment and systems, biosafety equipment and systems, energy-saving and environmental protection equipment and systems, and gas purification equipment and systems [1] - Jiangsu Sujing's main products are widely used in emerging industries such as new information technology, energy conservation and environmental protection, biomedicine, new energy, and aerospace [1] - The company plans to continuously monitor relevant policy dynamics, seize development opportunities, and actively expand its market by integrating resources [1]

Core Viewpoint - Chuangyuan Technology (000551) emphasizes its subsidiary, Jiangsu Sujing, as a leading provider of comprehensive clean and environmental solutions in China, focusing on various advanced industries [1] Group 1: Product Offerings - Jiangsu Sujing's core products include four main categories: air purification equipment and systems, biological safety equipment and systems, energy-saving and environmental protection equipment and systems, and gas purification equipment and systems [1] - Specific products mentioned are ultra-high cleanliness rooms at 0.1 microns, clean operating rooms, biological safety cabinets, energy-efficient clean operating rooms, and specialized gas purification devices [1] Group 2: Industry Applications - The main applications of Jiangsu Sujing's products span emerging industries such as new information technology, energy conservation and environmental protection, biomedicine, new energy, and aerospace [1] Group 3: Market Strategy - Currently, Jiangsu Sujing has not provided cleanroom services to satellite and rocket launch bases but plans to monitor relevant policy developments to seize future market opportunities and integrate resources for market expansion [1]

Group 1: Company Valuation and Investor Communication - The company focuses on enhancing its core business and increasing value through technology R&D, product innovation, and optimizing its product matrix to strengthen market competitiveness and brand influence [2][3] - Continuous communication with investors is emphasized through regular reports, performance briefings, and various channels to ensure timely and accurate dissemination of operational status and strategic direction [8][9] - Future plans include improving operational quality, efficiency, and profitability while enhancing information disclosure and investor communication to boost investment value and shareholder returns [3][9] Group 2: Business Development and Strategic Focus - The company aims to seek investment targets that align with its strategic direction, particularly in high-tech sectors, while adhering to legal disclosure obligations [3][4] - The core business remains manufacturing, focusing on clean environmental engineering, high-voltage porcelain insulators, precision bearings, and various integrated surveying instruments [4][5] - Future development will concentrate on three main business segments: clean environmental equipment, high-voltage insulators, and precision bearings, with a commitment to enhancing core competencies and expanding into emerging markets [4][6] Group 3: Market Position and Client Base - The subsidiary Suzhou Bearings serves major clients in the automotive sector, including Bosch and Magna, and in engineering machinery, electric tools, and aerospace [4][5] - Suzhou Electric Porcelain has achieved revenue growth in 2025, driven by effective market strategies and timely project deliveries [4][5] - The company is actively expanding into Southeast Asian markets to mitigate risks from trade barriers and enhance domestic sales [6][7] Group 4: Technological Innovation and Future Planning - The company is committed to increasing R&D investment to maintain industry leadership and respond to new productivity policies [6][7] - Suzhou Bearings is focusing on key sectors such as new energy vehicles and aerospace, aiming to leverage technological breakthroughs for competitive advantage [6][7] - Jiangsu Sujing, a subsidiary, is positioned as a leading provider in air purification and energy-saving solutions, with a strong client base in emerging industries [5][6]

1. Report Industry Investment Rating There is no information provided regarding the industry investment rating in the given content. 2. Core View of the Report The report focuses on the in - depth research of Chuangyuan Technology in the environmental protection industry. It details the company's 2025 semi - annual performance, including revenue, profit, and cash flow. It also elaborates on the performance and development prospects of its subsidiaries such as Suzhou Electric Porcelain and Suzhou Bearing. The company aims to enhance its core competitiveness through technological innovation, market expansion, and strategic management, and to improve investment value and shareholder returns [23][24]. 3. Summary According to Relevant Catalogs 3.1 Research Basic Situation - The research object is Chuangyuan Technology, belonging to the environmental protection industry. The reception time was on September 4, 2025. The listed company's reception personnel included the chairman and general manager Zhou Chengming, independent director Ge Weidong, board secretary and deputy general manager Zhou Weiwei, and financial director Liu Wenhua [16]. 3.2 Detailed Research Institutions - The reception object was investors who participated in the online briefing on Chuangyuan Technology's 2025 semi - annual performance online. The reception object type was "other", and the institution - related personnel were these investors [19]. 3.3 Research Institution Proportion There is no information provided regarding the research institution proportion in the given content. 3.4 Main Content Data 3.4.1 Company's 2025 Semi - annual Performance - The company achieved an operating income of 2,079,033,800 yuan and a net profit attributable to shareholders of listed companies of 161,223,200 yuan, a year - on - year increase of 11.15%. The net cash flow from operating activities was 176,050,600 yuan, a year - on - year increase of 131.62%. The earnings per share was 0.4010 yuan per share, a year - on - year increase of 10.83%, and the asset - liability ratio was 37.74% [24]. 3.4.2 Answers to Investor Questions - **Reason for revenue decline but profit growth in H1 2025**: The profit growth was mainly due to the continuous deepening of intelligent manufacturing and digital transformation by the subsidiary Suzhou Electric Porcelain, and the steady progress of technological innovation by Suzhou Bearing, with increased sales of high - value - added products and obvious overseas market increments [25]. - **Market value management plan**: The company will continue to focus on its main business, increase R & D and product innovation, and strengthen communication with investors to improve investment value and shareholder returns [26]. - **Dividend policy**: The company's 2024 profit distribution plan was to distribute a cash dividend of 1.00 yuan per 10 shares and transfer 2 shares per 10 shares from the capital reserve. The company will improve the profit distribution policy according to relevant regulations [26]. - **Mergers and acquisitions plan**: The company is looking for investment targets in line with its development strategy and will disclose relevant information as required [27]. - **Cash flow situation in H1**: The company's cash flow was good, with the net cash flow from operating activities increasing by 131.62% year - on - year to 176 million yuan, mainly due to the reduction of operating payments [27]. - **Reasons for the excellent performance of Suzhou Electric Porcelain in H1**: It was due to sufficient orders from the State Grid and overseas DC projects, with significant revenue growth in the Asian market [27]. - **Future development of Jiangsu Sujing in the clean - environmental protection field**: The downstream customers are mainly in the new energy, electronic information, and large - health industries. With the expansion of these industries, the demand for clean rooms will grow steadily [29]. - **Profit situation of Suzhou Bearing in H1 2025**: It achieved a net profit of 82,560,300 yuan, an increase of 8,553,800 yuan or 11.56% compared with the same period last year, mainly due to the implementation of the "dual - wheel drive" strategy and technological innovation [29]. - **Future development of Suzhou Electric Porcelain**: The acceleration of investment and construction in the UHV power project field in China will have a positive impact on its short - and long - term development [30]. - **Business development direction**: The company will focus on clean - environmental protection equipment and projects and UHV insulators for power transmission, and will strengthen R & D and market expansion [31]. - **Response to international uncertainties**: The company will expand emerging markets, balance domestic and foreign sales, and increase R & D investment [32]. - **Application scenarios of Suzhou Bearing products**: They are widely used in the automotive industry, industrial automation, high - end equipment, and other fields [33]. - **Main products of Suzhou Electric Porcelain**: They include various types of porcelain insulators for power lines, power stations, and electrical equipment, with some products reaching international advanced levels [33]. - **Overseas supply of Suzhou Electric Porcelain products**: Its products are exported to more than 40 countries and regions in Europe, America, and Oceania [34]. - **Business development direction of Jiangsu Sujing in H2**: It will focus on expanding the new energy, large - health, and electronic information industries, and will integrate internal resources to meet market demand [35]. - **Non - disclosure of Suzhou Electric Porcelain's State Grid winning bid announcement**: The winning bid amount did not reach the disclosure standard [36]. - **New market expansion of Suzhou Bearing**: It will continue to increase R & D in emerging industries to maintain its technological leading position [36].

Group 1: Company Performance Overview - In the first half of 2025, the company achieved operating revenue of CNY 2,079.03 million, with a net profit attributable to shareholders of CNY 161.22 million, representing a year-on-year growth of 11.15% [2] - The net cash flow from operating activities was CNY 176.05 million, an increase of 131.62% compared to the same period last year [2] - Earnings per share rose to CNY 0.4010, up by 10.83% year-on-year, with a debt-to-asset ratio of 37.74% [2] Group 2: Business Strategies and Innovations - The company is focusing on digital transformation and smart manufacturing to enhance operational efficiency and decision-making [2] - Emphasis on technological innovation to optimize core capabilities and improve new quality productivity [2] - The company is actively expanding into emerging overseas markets to ensure business scale and sustainability [2] Group 3: Investor Relations and Communication - The company maintains regular communication with investors through various channels, including performance briefings and reports [4] - A commitment to enhancing investor relations and transparency to improve market understanding and recognition of the company [4] - The company has a profit distribution plan for 2024, proposing a cash dividend of CNY 1.00 per 10 shares and a capital reserve increase of 2 shares for every 10 shares held [4] Group 4: Subsidiary Performance Highlights - Suzhou Electric Porcelain, a subsidiary, reported significant revenue growth due to strong orders from national grid projects and increased overseas sales, particularly in Asia [6] - Suzhou Bearing achieved a net profit of CNY 82.56 million, a year-on-year increase of 11.56%, driven by domestic and international dual-drive strategies [7] - Jiangsu Sujing is focusing on high-end cleanroom systems, targeting emerging industries such as new energy and healthcare [11]