博盈特焊(301468) - 2025年12月17日投资者关系活动记录表

Group 1: Company Overview and Competitive Advantages - The company focuses on special equipment manufacturing, particularly anti-corrosion and anti-wear welding equipment, with applications in energy, chemical, metallurgy, and paper industries [1] - It possesses key core technologies across materials, processes, and equipment, along with comprehensive production qualifications, including national and international certifications [1] - The management team has extensive industry experience and a stable core technical staff, contributing to the company's competitive edge [2] Group 2: Market Opportunities - The demand for waste incineration is increasing due to national strategies promoting ecological civilization and waste reduction, leading to a need for upgrading existing incinerators [4] - The coal-fired power generation sector is showing a demonstration effect, indicating significant growth potential [2] - The company is strategically expanding into overseas markets, with a focus on establishing subsidiaries to capture international opportunities [2] Group 3: Technology and Innovation - The company employs three welding techniques: MIG, TIG, and laser welding, each suited for different industrial applications [3] - Continuous R&D efforts have led to innovations in digital pulse MIG high-frequency oscillation welding technology, enhancing efficiency and stability [3] - The company is developing advanced technologies in laser welding and secondary remelting, broadening its application scope [3] Group 4: Specific Market Insights - The domestic waste incineration market is characterized by both stock and incremental demand, driven by urbanization and the need for modern facilities [4] - The global oil and gas pipeline market is experiencing structural growth, with increasing demand for composite pipelines due to challenges in oil and gas extraction [5] - The HRSG (Heat Recovery Steam Generator) equipment is primarily compatible with heavy-duty gas turbines, providing a competitive cost advantage over international counterparts [6] Group 5: Future Outlook - The HRSG market in the U.S. is expected to grow due to structural increases in electricity demand and the transition to cleaner energy sources [8] - The company is positioned to benefit from the rising demand for HRSG as it enhances the efficiency of gas turbines, contributing to lower carbon emissions [8]