证券代码： 002337 证券简称：赛象科技 天津赛象科技股份有限公司投资者关系活动记录表 | 投资者关系活动 √ | 特定对象调研 □ 分析师会议 | | --- | --- | | 类别 □ | 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 | 东兴证券股份有限公司 任天辉 廉慧 高语泽 | | 时间 | 2025 年 11 月 20 日 (周四) 下午 14:00~15:30 | | 地点 | 公司会议室 | | 公司接待人员 | 董事会秘书王红军、财务总监运乃云、证券事务代表王佳 | | | 1、请介绍一下公司目前的经营情况及特点？ | | | 公司属于专用智能装备制造行业，主要面向轮胎制造领域和 | | | 汽车智能装备领域，为客户提供关键轮胎智能制造装备、工业互 | | | 联网服务平台、智能物流装备及解决方案。公司一直聚焦主业， | | | 深耕细分领域，活跃于产品市场。目前，公司经营状况良好，现 | | | 金流充足，外部市场订单及内部运营一切正常。 | | | 2、公司的主 ...

Core Insights - The company reported a revenue of 495 million yuan and a net profit of 49.68 million yuan for the first three quarters of 2025, showing a year-on-year growth of 7.61% [1] - The gross margin improved to 31.56%, an increase of 2.16 percentage points compared to the previous year, indicating effective product structure optimization and cost control [1] - A significant contract was signed with Airbus for the A320 second assembly line project, enhancing the company's position in the aerospace sector [2] Financial Performance - The company achieved a quarterly revenue of 151 million yuan and a net profit of 10.23 million yuan in Q3 2025 [1] - Financial expenses decreased significantly by 462.55%, likely due to optimized debt structure and improved capital efficiency [1] - The operating expenses totaled 90.40 million yuan, down by 22.52 million yuan year-on-year, with a corresponding expense ratio of 18.28%, a decrease of 0.31 percentage points [1] Business Development - The company has been awarded a contract for the transportation tooling of major components for the Airbus A320 series, marking a significant advancement in its business operations [2] - The company specializes in manufacturing equipment for radial tires, industrial control systems, AGV intelligent logistics solutions, and aircraft component transport fixtures [2] - Being the first contractor for Airbus outside Europe since 2007, the company has established a strong foothold in the aerospace sector, enhancing its brand image and market reach [2]

Core Viewpoint - Saiyang Technology (002337) reported a decline in revenue for the first three quarters of the year, while net profit showed growth, indicating a mixed financial performance amidst new contract acquisitions [1][2]. Financial Performance - Revenue for the first three quarters was 495 million yuan, a year-on-year decrease of 18.57% [1]. - Net profit reached 49.68 million yuan, an increase of 7.61% year-on-year [1]. - The net profit after deducting non-recurring items was 47.11 million yuan, reflecting an 11.51% year-on-year growth [1]. - The comprehensive gross margin for the first three quarters was 31.56%, up by 2.16 percentage points compared to the previous year [2]. Major Contracts and Projects - The company signed a significant contract with Tianjin Port Free Trade Zone Aviation Industry Development Co., Ltd., valued at 533 million yuan, to provide transport tooling for Airbus A320 series aircraft components [1]. - The contract will be executed in batches over a period extending to 2038, which is expected to positively impact future operating profits [1]. Business Segments - Saiyang Technology's main business includes tire production equipment, digital platforms, AGV intelligent logistics equipment, and aircraft component transport tooling [1]. - In the first half of the year, specialized machinery equipment contributed 250 million yuan, accounting for 72.69% of total revenue, while general machinery equipment generated 76.43 million yuan, representing 22.22% of total revenue [1]. Strategic Direction - The company is focusing on digitalization, automation, and flexibility in product development, enhancing R&D and product upgrades [2]. - Saiyang Technology is actively expanding into emerging markets such as Southeast Asia and India, with a focus on AGV intelligent logistics robots [2]. - The company aims to integrate AGV intelligent logistics robots into its overall tire production equipment solutions while also offering them as standalone products [2]. Market Performance - The stock of Saiyang Technology has seen a strong performance, rising over 30% since late October [3].