Core Viewpoint - The company Shanghai Port Bay is actively involved in various sectors including soil remediation, commercial aerospace, and perovskite solar cells, benefiting from the Belt and Road Initiative and the depreciation of the RMB. Group 1: Company Operations - The company has implemented its technologies in multiple coastal provinces and cities in China, and has expanded its services to Southeast Asian countries along the Belt and Road, completing over 20 projects related to soft soil foundation treatment [2] - In the 2023 annual report, the company emphasized its "going out" strategy, participating in soil improvement and foundation treatment projects in Belt and Road countries, providing green solutions that enhance local ecological and living conditions [2] - As of the 2024 annual report, overseas revenue accounted for 83.01% of total revenue, benefiting from the depreciation of the RMB [3] Group 2: Commercial Aerospace - The subsidiary Vuxi Xinkong focuses on providing lightweight, cost-effective, and efficient space energy systems, with a technical team comprising experts with over 15 years of experience in aerospace engineering [3] - The company's energy systems have successfully supported the launch of 15 satellites, with all products functioning normally in orbit [3] Group 3: Perovskite Solar Cells - The company specializes in the flexible perovskite segment, achieving a certification efficiency of 18.06% for 30×30 cm modules, placing it in the leading tier of the industry [4] - The perovskite solar cells have been tested on multiple satellites, collecting performance data and monitoring their operation in space, which aids in optimizing technology and processes for future large-scale applications [4] - The theoretical lifespan of the company's perovskite solar cells can reach 20 years, which aligns well with the operational lifespan of satellites [4] Group 4: Financial Performance - For the period from January to March 2025, the company reported revenue of 372 million yuan, a year-on-year increase of 29.25%, and a net profit attributable to shareholders of 35.7 million yuan, up 18.59% year-on-year [8] - The company has distributed a total of 1.02 billion yuan in dividends since its A-share listing, with cumulative distributions of 959.2 million yuan over the past three years [8]

来源：新浪证券-红岸工作室 7月29日，上海港湾跌0.09%，成交额1.16亿元，换手率2.06%，总市值56.67亿元。 异动分析 一带一路+土壤修复+节能环保+人民币贬值受益+商业航天 1、公司目前相关技术应已用于我国浙江、江苏、广东、福建、辽宁等多个沿海省、市， 并已推广 到"一带一路"沿线的东南亚国家，公司累计完成有关超软土地基处理工程 20 余项， 为我国沿海和"一 带一路"沿线的工程建设提供了有力的保障。 2、2023年年报：报告期内，公司深入推进"走出去"战略重要指示精神，通过自主研发的"高真空"系列 工艺技术，深度参与"一带一路"国家的不良土壤改良和地基处理工程，提供降碳减污的绿色解决方案， 输出绿色基础设施标准助力当地发展，极大改善了沿海沿岸地区的生态环境和居民生活环境，并为当地 培养了大量熟悉国际标准的拥有丰富绿色经验的技能人才，为东道国探索绿色转型、可持续发展贡献力 量。 3、2022年3月24日互动易：公司目前的核心技术体系能够为不同行业客户提供差异化的岩土工程解决方 案，从而降低工程造价、缩短工期、环保节能，实现良好的社会效益和经济效益。 4、根据2024年年报，公司海外营收占比为8 ...