Company Overview - The company specializes in the research, development, and application of metal material testing technology, providing services such as testing services, analytical instruments, standard materials, and corrosion protection engineering [2] - It serves various industries including steel, metallurgy, aerospace, nuclear power, and food [2] - The company is recognized as a leading authority in the domestic metal material testing field and is constructing a national advanced steel material measurement testing center [2] Financial Performance - As of 2024, the company achieved a revenue of 109,767.42 million CNY, a 15.60% increase year-on-year [3] - The net profit attributable to shareholders was 14,502.23 million CNY, reflecting a 15.37% growth compared to the previous year [3] - For the first three quarters of 2025, revenue reached 80,597.45 million CNY, up 11.64% year-on-year, with a net profit of 9,969.58 million CNY, increasing by 15.08% [3] Business Segments Metal Material Testing - The customer base primarily includes high-quality application fields such as aerospace and nuclear power, with high-temperature alloy testing accounting for over 50% of total testing business [3] - The demand for metal testing, especially high-temperature alloy testing, is expected to continue growing [3] Pricing and Profitability - The pricing model is based on a cost-plus approach, considering production costs and market conditions [3] - The gross margin for testing services was stable at 49.22% in 2024 and 46.11% in the first half of 2025 [3] Analytical Instruments - Future focus includes accelerating the development and market expansion of high-end analytical instruments, particularly in scanning electron microscopy and ICP-MS [4] - The company aims to enhance the quality and automation of mass-produced instruments [4] Corrosion Protection - The company’s subsidiary is involved in corrosion protection for offshore platforms and wind power, with applications in various sectors including energy and municipal services [5] Scanning Electron Microscopy Market - The domestic market for scanning electron microscopes is largely dominated by foreign companies, indicating significant potential for domestic alternatives [5] - Applications include materials science, life sciences, and various types of material testing [5]

Core Points - Company received the "Competence Verification Provider Accreditation Certificate" from the China National Accreditation Service for Conformity Assessment (CNAS) [2] - The certificate is valid from October 24, 2025, to October 23, 2031 [2] - Company meets the requirements of ISO/IEC 17043:2023 and CNAS-CL03:2024 for competence verification services [2] Company Capabilities - Company is now recognized as a provider of competence verification services in the relay protection device testing field [2] - The accredited testing capabilities cover three projects: accuracy tests of characteristic quantities, time characteristic tests, and dynamic model tests for line protection [2]

Core Viewpoint - Kaipu Testing has received the CNAS accreditation, enabling it to provide capability verification services in the relay protection device testing field, which may enhance its market position and revenue potential [1] Company Summary - Kaipu Testing (SZ 003008) announced the receipt of the "Capability Verification Provider Accreditation Certificate" from the China National Accreditation Service for Conformity Assessment (CNAS) [1] - The accreditation is valid from October 24, 2025, to October 23, 2031, confirming compliance with ISO/IEC 17043:2023 standards [1] - The company is now authorized to offer capability verification services in three specific testing projects related to relay protection devices: accuracy tests of characteristic quantities, time characteristic tests, and dynamic model tests of circuit protection [1] - For the first half of 2025, the company's revenue composition shows that 99.44% comes from professional technical services, while other businesses account for 0.56% [1]

Core Viewpoint - The company has received recognition from the China National Accreditation Service for Conformity Assessment (CNAS), allowing it to provide proficiency testing services in the field of relay protection device testing [1] Group 1 - The company obtained the "Proficiency Testing Provider Accreditation Certificate" from CNAS, valid from October 24, 2025, to October 23, 2031 [1] - The company meets the requirements of ISO/IEC 17043:2023 for proficiency testing providers, indicating its capability to undertake the services listed in the certificate [1] - The recognized testing capabilities cover three projects in the relay protection device testing field: accuracy testing of characteristic quantities, time characteristic testing, and dynamic model testing of line protection [1]

Core Viewpoint - The company, Kaipu Testing (003008.SZ), has received the "Recognition Decision Letter" from the China National Accreditation Service for Conformity Assessment (CNAS), which grants it the "Recognition Certificate for Proficiency Testing Provider" valid from October 24, 2025, to October 23, 2031 [1] Group 1 - The company has been evaluated and meets the requirements of ISO/IEC 17043:2023, indicating its capability to provide proficiency testing services [1] - The recognized testing capabilities cover three projects in the field of relay protection device testing: accuracy tests of characteristic quantities, time characteristic tests, and dynamic model tests for line protection [1]

Core Viewpoint - The company, Kaipu Testing (003008.SZ), has received the "Recognition Decision" from the China National Accreditation Service for Conformity Assessment (CNAS), granting it the "Recognition Certificate for Proficiency Testing Provider" valid until October 23, 2031 [1] Group 1: Certification and Compliance - The certificate number is CNAS PT0168, and it is valid from October 24, 2025, to October 23, 2031 [1] - The company has been evaluated and meets the requirements of ISO/IEC 17043:2023, indicating its capability to provide proficiency testing services [1] - The company is now recognized as an institution capable of offering proficiency testing services to the industry [1] Group 2: Testing Capabilities - The recognized proficiency testing scope covers three projects in the relay protection device testing field: accuracy tests of characteristic quantities, time characteristic tests, and dynamic model tests for line protection [1]

Core Viewpoint - The company, Kaipu Testing (003008), has received the "Recognition Certificate for Proficiency Testing Provider" from the China National Accreditation Service for Conformity Assessment (CNAS), which enhances its industry influence and market competitiveness [1] Group 1 - The certificate is valid from October 24, 2025, to October 23, 2031, indicating a long-term recognition of the company's capabilities [1] - The company meets the requirements of ISO/IEC 17043:2023, demonstrating its ability to provide proficiency testing services as outlined in the certificate [1] - This recognition is expected to positively impact the company's future development and brand image within the industry [1]

Group 1: Research Basics - The research object is Gangyan Nake, belonging to the professional services industry, and the reception time was July 25, 2025. The listed company's reception staff included General Manager Zhang Xiuxin, Board Secretary Xiao Ping, and Investment and Securities Department staff Qu Huayang and Guo Xiaochen [16] Group 2: Detailed Research Institutions - The research institutions include Huachuang Securities, Huaxi Securities, Tianfeng Securities, Cinda Asset, and China Asset Management. The relevant personnel from these institutions are Huo Penghao, Xie Fengyuan, Mo Ran, Wu Sinan, and Hu Bin respectively [17] Group 3: Company Introduction - The company is an innovative enterprise specializing in the research, development, and application of metal material testing technology. Its main services or products include testing services, testing and analysis instruments, reference materials/samples, proficiency testing services, corrosion protection engineering and products, and other extended testing services, which are mainly applied in industries such as steel, metallurgy, non - ferrous metals, machinery, aerospace, high - speed rail, nuclear power, automobiles, new materials, environment, food, and petrochemicals [22] - The company is well - known and credible in the domestic metal material testing field. It is an authoritative testing institution in the domestic steel industry and one of the testing and research institutions with the most comprehensive business categories and the strongest comprehensive strength in the domestic metal material testing field. The National Advanced Steel Materials Industry Measurement and Testing Center approved and established by the company is under construction [23] - As of 2024, the company's operating income was 1,097,674,200 yuan, a year - on - year increase of 15.60%; the net profit attributable to shareholders of the listed company was 145,022,300 yuan, a year - on - year increase of 15.37%; the basic earnings per share was 0.3861 yuan, a year - on - year increase of 15.25%. As of March 31, 2025, the company's operating income was 219,064,000 yuan, a year - on - year increase of 7.18%; the net profit attributable to shareholders of the listed company was 16,081,100 yuan, a year - on - year increase of 33.28%; the basic earnings per share was 0.0428 yuan, a year - on - year increase of 32.10% [23] Group 4: Specific Questions and Answers 1. Company's testing industry layout and future development direction - The company has established testing bases in Beijing, Kunshan, Chengdu, Shenyang, Qingdao, Xi'an, Zhuozhou, and Zhuzhou, covering North, East, Central, Northwest, and Southwest China, mainly for metal material testing. In the future, it will expand testing service categories, build laboratories in key un - covered areas, and extend the testing industry chain [25] 2. Application scenarios in the nuclear power industry - The company's projects in the nuclear power field involve metal material testing in nuclear power construction projects, online metallography and material performance analysis of nuclear power equipment, failure cause analysis of nuclear power turbines, and equivalence evaluation of whether domestic nuclear power materials meet international nuclear power standards [25] 3. Industry distribution of major customers - In the testing business, high - temperature alloy material testing accounts for a relatively high proportion, with customers mainly being COMAC, AECC, and AECC Commercial Aircraft Engine Co., Ltd. In the instrument business, the company's 8 categories and over 60 types of testing instruments serve customers in various industries such as steel, metallurgy, non - ferrous metals, machinery, aerospace, nuclear power, high - speed rail, automobiles, new materials, environment, food, and petrochemicals [25] 4. Instrument products with industry advantages and key development products - The company's instrument products cover 8 categories and over 60 types of scientific instruments. The spark direct - reading spectrometer has won the single - champion product of the Ministry of Industry and Information Technology, and products such as gas analyzers and ICP spectrometers have won the BCEIA Gold Award of the China Association for Analytical Instrumentation, with leading sales in the industry. The company also focuses on the R & D of high - end testing instruments such as non - destructive testing instruments, mass spectrometers, and X - ray fluorescence spectrometers [25][26] 5. Reasons for the rapid growth of the testing business in the past few years - In the past few years, the company's testing business volume has increased due to the rapid development of the new materials industry. The expansion of service categories also contributed significantly to the growth of the testing business [27]

Company Overview - The company specializes in the research, development, and application of metal material testing technology, providing services such as testing services, analytical instruments, standard materials, and corrosion protection engineering [2][3] - It has a strong reputation in the domestic metal material testing field and is recognized as one of the most comprehensive testing research institutions in China [2] Financial Performance - As of 2024, the company achieved a revenue of CNY 1,097.67 million, a year-on-year increase of 15.60% [3] - The net profit attributable to shareholders was CNY 145.02 million, up 15.37% from the previous year [3] - For Q1 2025, the revenue reached CNY 219.06 million, reflecting a growth of 7.18% year-on-year [3] - The net profit for the same period was CNY 16.08 million, showing a significant increase of 33.28% [3] Business Development - The company has established testing bases in key regions including Beijing, Kunshan, Chengdu, Shenyang, Qingdao, Xi'an, Zhuozhou, and Zhuzhou, covering various areas in China [3] - Future plans include expanding testing service categories, developing composite material testing, and enhancing integrated solution capabilities [3][4] Industry Applications - In the nuclear power sector, the company is involved in metal material testing, online metallography, material performance analysis, and evaluating the compliance of domestic materials with international standards [4] - High-temperature alloy material testing constitutes a significant portion of the company's client base, with major clients including COMAC and AVIC [5] Instrumentation Products - The company offers over 60 types of scientific instruments across eight major categories, including atomic emission spectroscopy and mass spectrometry [6] - Notable products include spark direct reading spectrometers and gas analyzers, which have received industry awards and are market leaders [6] - The company is focusing on the development of non-destructive testing instruments and high-end detection instruments with promising market prospects [6] Growth Factors - The growth in the company's testing business is attributed to the rapid development of the new materials industry and an increase in service categories [6]

Group 1: Company Overview - The company specializes in the research, development, and application of metal material testing technology, providing services such as testing services, analytical instruments, and corrosion protection engineering [2] - It is recognized as a leading authority in the domestic steel industry and has the most comprehensive testing capabilities in the metal material testing field [2] - As of 2024, the company achieved a revenue of CNY 1,097.67 million, a year-on-year increase of 15.60%, and a net profit attributable to shareholders of CNY 145.02 million, up by 15.37% [2][3] Group 2: Financial Performance - For the first quarter of 2025, the company reported a revenue of CNY 219.06 million, reflecting a year-on-year growth of 7.18%, with a net profit of CNY 16.08 million, an increase of 33.28% [3] - Basic earnings per share for 2024 were CNY 0.3861, showing a growth of 15.25% compared to the previous year [3] Group 3: Industry Growth Factors - The material testing industry has maintained a strong double-digit growth rate, driven by the rapid development of new material industries and increasing demand for testing in sectors like aerospace, rail transportation, and nuclear energy [3] - The demand for metal testing is expected to remain robust due to the high-quality development of major projects and equipment [3] Group 4: Corrosion Protection Business - The company's corrosion protection services primarily cater to clients in marine engineering, port terminals, and energy sectors [3] Group 5: Laboratory Operations - The laboratories established in Shenyang, Deyang, Xi'an, Zhuzhou, and Zhuozhou are now operational, with production capacity currently ramping up [3]