江苏神通(002438) - 2023年11月06日调研活动附件之投资者调研会议记录

Group 1: Company Overview and Strategy - The meeting was hosted by the Vice President and Secretary of the Board, emphasizing compliance with disclosure regulations and introducing the company's basic situation and strategic planning [2] - The company is committed to a specialized and innovative development path, separating the nuclear power division into an independent subsidiary to enhance operational focus and expand its market presence in nuclear energy applications [3] Group 2: Nuclear Power Projects and Orders - Six new nuclear power units have been approved for construction this year, with expectations for more approvals in the future [4] - The company is a major supplier of nuclear-grade butterfly and ball valves, with an estimated order value of around 70 million for each nuclear power unit [6] - The average annual demand for spare parts from operational nuclear units is projected to be around 5 million for each unit [7] Group 3: Production Capacity and Market Demand - The current annual production capacity of nuclear valves can meet the needs of 6 to 8 new nuclear power units, with plans for upgrades that could increase capacity for an additional 2 to 4 units [8] - The company is actively expanding its international business through indirect exports and has established an international trade department to enhance its global presence [9] Group 4: Future Expansion and Diversification - In addition to the nuclear sector, the company plans to expand into the energy chemical and hydrogen industries, which present significant market opportunities [10] - The company has obtained qualifications for military product development and production, with plans to increase capacity based on market demand [11]