02 高端对话汉威观点 展会首日，中国（国际）测量控制与仪器仪表产业大会主论坛在长沙国际会展中心举行，汉威科技集团董事长任红军等多位行业专家受邀作为主论坛高端对 话环节嘉宾参与对话，共同围绕"制造业如何把握内外部挑战和机遇"主题进行深入探讨。 汉威科技集团董事长任红军表示，在社会发展、科技进步与国家战略导向的背景下，传感器与仪表行业迎来巨大机遇，应用场景从传统工业领域不断扩展到 新能源 、生物制药等新兴领域。传感器与仪表本身也正在从单一产品向成套化检测装置演变，并与AI、 边缘计算 等技术紧密结合，迸发出更多新需求。但 是国内企业也面临诸多挑战，需要行业学会等平台作为桥梁，助力企业协同创新，促进行业创新生态构建。 8月13日，由中国 仪器仪表 学会主办的第33届中国国际测量控制与仪器仪表展览会（多国仪器仪表展，MICONEX 2025）于湖南长沙国际会展中心隆重开 幕。 汉威科技 本次在主展位（A区A2091）、 传感器 展位（A区A2131）两大展区，带来了多系列高端智能仪器仪表方案以及先进传感器产品矩阵。 01 他还强调，我国有着庞大的工业体量和制造总量，可借助国家和行业力量，结合行业场景和专家系统，发展 ...

Group 1 - The second "Belt and Road" Technology Exchange Conference was held in Chengdu, Sichuan, focusing on building a technology innovation community among participating countries [2][3] - Chinese technology is increasingly becoming a driving force for industrial upgrades in "Belt and Road" countries, enhancing local industry development [2] - Collaboration between Chinese high-tech enterprises and local companies in Belarus is taking place in fields such as new energy, machinery, big data, artificial intelligence, and industrial internet [2] Group 2 - Qingdao Jicheng Electronics Co., Ltd. plans to localize water meter production in Saudi Arabia, significantly improving water resource management efficiency [2][3] - The conference announced the establishment of the Chengdu-Chongqing "Belt and Road" International Technology Transfer Center, aiming to create over 100 international cooperation projects within three years [5] - The "Double Thousand" plan aims to implement 1,000 technology exchange cooperation projects and support 1,000 young scientists' exchanges by 2030 [5] Group 3 - The focus of international cooperation is shifting from traditional product trade to the output of key intermediates, production capacity, supply chains, and standard management [5] - This transformation is expected to enhance international cooperation efficiency and lower collaboration barriers, aiding in the cultivation of localized brands in "Belt and Road" countries [5]

Core Viewpoint - San Chuan Wisdom has been committed to optimizing and upgrading intelligent manufacturing, focusing on innovation-driven development strategies in the smart water sector, and has been recognized as one of the "Advanced Intelligent Factories in Jiangxi Province by 2025" due to its outstanding performance in intelligent manufacturing [1] Group 1: Company Achievements - San Chuan Wisdom is one of the earliest companies in China specializing in the research, production, and sales of water meters, and is a leading smart water service provider in the country [2] - The company has successfully passed multiple certifications for its ultrasonic water meters, including the NMI certification from Australia and the MID and OIML certifications from Slovakia, allowing its products to circulate freely in 31 EU member states [2] - The 5G smart factory is designed with an annual production capacity of 5 million water meters, utilizing programmable robots and achieving over 95% automation in the production process [2][3] Group 2: Industry Trends - The demand for smart water meters is expected to increase due to the acceleration of smart city and water-saving city initiatives, as well as the implementation of tiered water pricing policies [4] - The smart water industry in China is transitioning from automation to digitalization, with most water companies building information infrastructure and moving towards a smart water 3.0 phase [4] - The development of smart water services will increasingly focus on intelligent solutions, leveraging big data and AI for deep data analysis to support decision-making [5] Group 3: Future Outlook - The 5G smart factory will significantly enhance San Chuan Wisdom's competitive advantage by improving production efficiency, product delivery capabilities, and reducing production costs [3] - The company aims to align with industry developments and continue driving product innovation, contributing to the transition of the entire industry towards advanced smart water 3.0 levels [6] - National policies introduced in 2024 are expected to boost the water industry, creating vast market opportunities for smart water solutions [6]

Group 1: Policy and Market Environment - The Chinese government is increasing investment in agricultural water management, with plans to build 1.35 billion mu of high-standard farmland by 2030 and improve 280 million mu by 2035 [4] - The total investment in water conservancy construction has exceeded 1 trillion yuan annually for three consecutive years, reaching a historical high of 1.35 trillion yuan in 2024 [5] - The "soft construction" initiative is expected to significantly benefit private sector leaders in the industry, enhancing project organization and financing [5] Group 2: Company Performance and Financials - The company achieved a revenue of 4 billion yuan in 2024, benefiting from national policies promoting water conservation and agricultural modernization [6] - The company has maintained an order acquisition scale of 5 billion yuan for three consecutive years, ensuring revenue growth and performance certainty [6] - Operating cash flow for the company reached 597 million yuan, indicating strong financial health compared to industry peers [7] Group 3: Profitability Challenges - The average project gross margin has declined due to increased competition and a focus on market share over profit margins [6] - High operational costs, including sales and management expenses, have impacted net profit, although these costs are expected to stabilize [7] - The company anticipates a gradual recovery in industry gross margins, which will positively affect profitability [7] Group 4: Business Strategy and Future Outlook - The company plans to balance its revenue streams across three business segments: agricultural engineering, water information technology, and operational services, each targeting a one-third share [7] - The company is expanding its international presence, particularly in emerging markets along the Belt and Road Initiative, to mitigate risks and capture higher-margin opportunities [11] - The company is committed to technological innovation, with ongoing projects in smart irrigation and water resource management, including the development of a sound wave rain enhancement device [12]

Group 1: Certifications and Market Expansion - The company’s ultrasonic water meter has recently passed OIML and MID certifications, allowing it to be sold freely in 31 EU member countries, thus eliminating technical trade barriers [2][3] - OIML certification enhances customer trust and promotes international trade by ensuring compliance with international standards [3] Group 2: Financial Performance and Challenges - The company experienced a significant decline in performance in 2024 due to substantial losses from its subsidiary Tianhe Permanent Magnet, attributed to market conditions, price fluctuations, and production issues [3][4] - Tianhe Permanent Magnet's losses were exacerbated by a continuous drop in rare earth oxide prices and management misjudgments, leading to cash flow difficulties [4] Group 3: Future Strategies and Measures - In 2025, the company plans to implement a management system focused on "headquarters control and segment autonomy," emphasizing reform and stability while pursuing digital transformation through a 5G smart factory [4] - The company aims to enhance its market position by focusing on large projects, new demand, and improving internal capabilities, including technology innovation and cost control [4] Group 4: Financial Compensation and Impact - Tianhe Permanent Magnet is expected to pay a total compensation of CNY 214,395,700.00 for 2024, with CNY 179,729,043.80 due for that year [4] - The company anticipates recognizing CNY 107,607,526.70 as a financial asset from the compensation, with CNY 72,940,870.50 recognized in 2024 [4] Group 5: Revenue and Market Conditions - In Q1 2025, the company achieved a revenue of CNY 213,343,591.30 [5] - The company’s products are primarily exported to regions such as Australia, Africa, the Middle East, and Southeast Asia, with no current exports to the U.S., thus unaffected by U.S. tariffs on Chinese goods [5]

证券简称： 天罡股份 证券代码： 832651 威海市天罡仪表股份有限公司 山东省威海市环翠区火炬南路 576 号 保荐人（主承销商） 中国（上海）自由贸易试验区浦明路 8 号 1-1-1 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表明其对注册申 请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利能力、 投资价值或者对投资者的收益作出实质性判断或者保证。任何与之相反的声明均属虚假不实 陈述。 根据《证券法》的规定，股票依法发行后，发行人经营与收益的变化，由发行人自行负 责；投资者自主判断发行人的投资价值，自主作出投资决策，自行承担股票依法发行后因发 行人经营与收益变化或者股票价格变动引致的投资风险。 1-1-2 声明 发行人及全体董事、监事、高级管理人员承诺招股说明书及其他信息披露资料不存在虚假记载、 误导性陈述或者重大遗漏，并对其真实性、准确性、完整性承担相应的法律责任。 发行人控股股东、实际控制人承诺招股说明书不存在虚假记载、误导性陈述或者重大遗漏，并 对其真实性、准确性、完整性承担相应的法律责任。 威海市天罡仪表股份有限公司招股说明书 本次股票发行后拟在北京 ...

证券简称： 天罡股份 证券代码： 832651 山东省威海市环翠区火炬南路 576 号 威海市天罡仪表股份有限公司 威海市天罡仪表股份有限公司招股说明书（注册稿） 本公司的发行申请尚未经中国证监会注册。本招股说明书申报稿不具有据以发行股票的法律效 力，投资者应当以正式公告的招股说明书全文作为投资决定的依据。 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主要 服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面临较 大的市场风险。投资者应充分了解北京证券交易所市场的投资风险及本公司所披露的风险因素，审 慎作出投资决定。 保荐人（主承销商） 中国（上海）自由贸易试验区浦明路 8 号 1-1-1 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表明其对注册申 请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利能力、 投资价值或者对投资者的收益作出实质性判断或者保证。任何与之相反的声明均属虚假不实 陈述。 根据《证券法》的规定，股票依法发行后，发行人经营与收益的变化，由发行人自行负 责；投资者自主判断发行人的投资价 ...

证券简称： 天罡股份 证券代码： 832651 山东省威海市环翠区火炬南路 576 号 威海市天罡仪表股份有限公司 本公司的发行申请尚未经中国证监会注册。本招股说明书申报稿不具有据以发行股票的法律 效力，投资者应当以正式公告的招股说明书全文作为投资决定的依据。 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主 要服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面 保荐人（主承销商） 中国（上海）自由贸易试验区浦明路 8 号 1-1-1 威海市天罡仪表股份有限公司招股说明书（申报稿） 临较大的市场风险。投资者应充分了解北京证券交易所市场的投资风险及本公司所披露的风险因 素，审慎作出投资决定。 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表明其对注册申 请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利能力、 投资价值或者对投资者的收益作出实质性判断或者保证。任何与之相反的声明均属虚假不实 陈述。 根据《证券法》的规定，股票依法发行后，发行人经营与收益的变化，由发行人自行负 责；投资者自主判断发行人的投资价 ...