证券代码：002322 证券简称：理工能科 公告编号：2024-037 宁波理工环境能源科技股份有限公司 第六届监事会第九次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 宁波理工环境能源科技股份有限公司（以下简称"公司"）第六届监事会第九 次会议于 2024 年 7 月 30 日以书面、电话、电子邮件、微信等方式通知各位监事， 会议于 2024 年 8 月 6 日以现场表决方式召开，应参加表决监事 3 人，实际参加表 决监事 3 人。本次会议的召开及表决程序符合《公司法》、《公司章程》及《监事 会议事规则》的有关规定。会议经审议并表决，一致通过以下议案： 一、会议以 3 票赞成，0 票反对，0 票弃权的表决结果审议通过了《关于<宁 波理工环境能源科技股份有限公司 2024 年股票期权激励计划（草案）>及其摘要 的议案》。 经审核，监事会认为：《宁波理工环境能源科技股份有限公司 2024 年股票期 权激励计划（草案）》及其摘要（以下简称"本激励计划"）的内容符合《中华人 民共和国公司法》《中华人民共和国证券法》《上市公司股权激励管理办法》等相 关 ...

Investment Rating - The report initiates coverage with a "Buy" rating for the company, highlighting its position as a leading player in the power cost software sector and its potential to benefit from the growth in the power information industry [77]. Core Insights - The company's future growth is primarily driven by its power monitoring products, with significant demand expected due to national grid requirements for online monitoring devices for transformers [1]. - The total investment in the national grid during the 14th Five-Year Plan is projected to be nearly 3 trillion yuan, surpassing the previous plan's 2.57 trillion yuan, with a notable 35.7% increase in investment for ultra-high voltage projects [1]. - The company is well-positioned to benefit from the digitalization of the power industry, with its digital construction business expected to gain from increased investments in grid digitalization [1]. - The environmental protection business is anticipated to maintain stable growth, supported by innovative data procurement models and successful project bids [1]. Summary by Sections Company Overview - The company operates in three main segments: software information, environmental smart instruments, and power smart instruments [8]. - The software and information segment accounted for 50.47% of total revenue in 2023, with a revenue of 5.53 billion yuan, reflecting a year-on-year increase of 7.13% [25][28]. Market Potential - The market for transformer oil chromatography online monitoring devices is estimated to be around 23.047 billion yuan, driven by the need for upgrades and new installations [1]. - The core software and services market for power digitalization is projected to grow at a compound annual growth rate (CAGR) of approximately 19.3%, reaching 83.9 billion yuan by 2025 [17]. Financial Projections - The company is expected to achieve net profits of 338 million yuan, 419 million yuan, and 515 million yuan for the years 2024 to 2026, with year-on-year growth rates of 37.5%, 23.9%, and 23.0% respectively [77]. - Earnings per share (EPS) are projected to be 0.89 yuan, 1.10 yuan, and 1.36 yuan for the same period, with corresponding price-to-earnings (PE) ratios of 16.53, 13.34, and 10.85 [77]. Competitive Advantages - The company has a strong market presence in power cost software, with a market share exceeding 90% in regions outside Hong Kong, Macau, and Taiwan [1]. - The digital construction business is a key focus area, with significant market potential as the state grid continues to invest in digital transformation [1][43]. Recent Developments - The company has successfully secured multiple contracts for environmental monitoring projects, showcasing its competitive strength in the environmental smart instruments sector [70]. - The first quarter of 2024 saw a revenue of 166 million yuan and a net profit of 41 million yuan, indicating a year-on-year growth of 16.18% and 142.57% respectively [45].

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [8] Core Views - The company reported a significant increase in net profit for Q2 2024, with an estimated net profit of approximately 0.92 billion to 1.07 billion yuan, representing a year-on-year growth of 70% to 98% [4][9] - The growth in net profit is attributed to the rapid improvement in the downstream demand for both software and equipment businesses [10] - The company is expected to achieve operating revenues of 1.371 billion, 1.610 billion, and 1.855 billion yuan for the years 2024, 2025, and 2026 respectively, with corresponding net profits of 0.332 billion, 0.430 billion, and 0.546 billion yuan [16] Financial Performance - For the year 2024, the company is projected to have an operating income of 1.371 billion yuan, with a growth rate of 25.15% [17] - The net profit for 2024 is expected to be 0.332 billion yuan, reflecting a growth rate of 35.12% [17] - The earnings per share (EPS) for 2024 is estimated at 0.88 yuan, with a price-to-earnings (PE) ratio of 17.78 [17] Business Segments - The software segment is performing well, with ongoing sales of key software products contributing to stable net profits [10] - The instrumentation segment is focusing on high-value products and expanding its market presence, particularly in the high-voltage sector [10]

[Current Period Performance Forecast](index=1&type=section&id=I.%20Current%20Period%20Performance%20Forecast%20Overview) The company expects its 2024 first-half performance to show a year-over-year increase, with net profit attributable to shareholders projected to be between CNY 133 million and CNY 148 million, representing an 88.33% to 109.68% year-over-year growth, and non-recurring net profit increasing by 90.50% to 114.73% year-over-year 2024 Semi-Annual Performance Forecast | Item | Current Reporting Period (Jan 1 – Jun 30, 2024) | Prior Period | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders of Listed Company** | **Profit: CNY 132.9197 million – CNY 147.9931 million** | Profit: CNY 70.5788 million | | | Year-over-year increase: 88.33% - 109.68% | | | **Net Profit After Deducting Non-Recurring Gains and Losses** | **Profit: CNY 118.5110 million – CNY 133.5844 million** | Profit: CNY 62.2096 million | | | Year-over-year increase: 90.50% - 114.73% | | | **Basic Earnings Per Share** | **Profit: CNY 0.36/share – CNY 0.41/share** | Profit: CNY 0.19/share | [Communication with Accounting Firm](index=1&type=section&id=II.%20Communication%20with%20Accounting%20Firm%20Overview) The financial data in this performance forecast has not been pre-audited by a certified public accountant - The financial data related to this performance forecast has not been pre-audited by a certified public accountant[5](index=5&type=chunk) [Explanation of Performance Change](index=1&type=section&id=III.%20Explanation%20of%20Performance%20Change) Significant performance growth is primarily attributed to the strong performance of two core business segments and the contribution from non-recurring gains and losses, with both revenue and profit in the software information and smart power instrument segments achieving year-over-year growth, alongside approximately CNY 14.41 million in government subsidies received by the company - Core business growth: Both operating revenue and net profit in the software information segment (including D3 distribution network engineering pricing software, main network bill of materials software, etc.) and the smart power instrument segment achieved year-over-year growth[7](index=7&type=chunk) - Impact of non-recurring gains and losses: During the reporting period, non-recurring gains and losses contributed approximately **CNY 14.41 million** to net profit, primarily from government subsidies[7](index=7&type=chunk) [Risk Warning](index=2&type=section&id=IV.%20Risk%20Warning) The company explicitly states that this performance forecast is a preliminary estimate by the finance department, and the final financial data will be subject to the officially disclosed 2024 semi-annual report, cautioning investors about potential investment risks - This performance forecast is a preliminary estimate by the company's finance department, and specific financial data may differ from the forecast; please refer to the company's officially disclosed 2024 semi-annual report[8](index=8&type=chunk)

Investment Rating - The report assigns a positive investment rating to the company, indicating a favorable outlook for future performance [36]. Core Insights - The company is a leader in the power online monitoring system sector and is actively expanding into power informationization and environmental protection businesses [14][19]. - The company has shown stable growth in net profit and revenue, with a projected increase in revenue and net profit over the next few years [12][5]. - The company has a strong cash flow performance, with a high dividend payout ratio, indicating financial stability [6][38]. Revenue and Profitability - In 2023, the company achieved a revenue of 1.07 billion yuan from power monitoring, with a gross margin of 45.94% [3]. - The software sales segment generated 5.53 billion yuan in revenue in 2023, with a gross margin exceeding 90% [15]. - The company’s net profit for 2023 was 246 million yuan, with a net profit margin of 22.44%, showing a slight year-on-year increase [5]. Business Segments - The company’s revenue breakdown for 2023 includes software sales (50.47%), environmental monitoring (39.48%), and power monitoring equipment (9.75%) [4]. - The environmental monitoring business is expected to grow at a rate of 10%, 7%, and 5% over the next three years [29]. - The software sales segment is projected to grow at a rate of 15% annually from 2024 to 2026 [30]. Financial Metrics - The company’s earnings per share (EPS) for 2023 was 0.65 yuan, with a projected increase to 0.88 yuan in 2024 [12]. - The price-to-earnings (PE) ratio is expected to decrease from 19.69 in 2023 to 10.24 by 2026, indicating potential undervaluation [12]. - The return on equity (ROE) is projected to improve from 7.37% in 2023 to 12.36% by 2026 [12]. Market Position and Strategy - The company is positioned as a leading player in the digital transformation of power distribution networks, leveraging its subsidiary Jiangxi Bowei for software solutions [39]. - The company is actively pursuing opportunities in ecological and environmental governance through information technology [47]. - The report highlights the importance of online monitoring equipment in the power industry, driven by regulatory support and market demand [23][26].

证券代码：002322 证券简称：理工能科 公告编号：2024-034 宁波理工环境能源科技股份有限公司 关于回购股份进展暨回购完成的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 宁波理工环境能源科技股份有限公司（以下简称"公司"）于 2024 年 1 月 24 日召开第六届董事会第九次会议，审议通过了《关于以集中竞价交易方式回购公 司股份方案的议案》。同意公司拟以自有资金不低于人民币 9,000 万元（含）、不 超过人民币 18,000 万元（含）且回购价格上限人民币 18 元/股回购公司股份，用 于股权激励或员工持股计划。具体内容详见公司于 2024 年 1 月 25 日在《证券时 报》、《上海证券报》和巨潮资讯网（http://www.cninfo.com.cn）上披露的《关于 以集中竞价交易方式回购公司股份方案的公告》（公告编号：2024-004）、《回购 报告书》（公告编号：2024-005）。 截至本公告披露日，公司本次回购股份方案已实施完毕。根据《上市公司股 份回购规则》、《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》 等相 ...

Group 1: Company Overview - Ningbo LIGONG Environmental Energy Technology Co., Ltd. was established in December 2000 and listed on the Shenzhen Stock Exchange in 2009 [1] - The company focuses on software informatization and intelligent instruments, covering energy and environmental sectors [1] - Key acquisitions in 2015 included Jiangxi Bowei and Beijing Shangyang, marking a significant transformation for the company [1] Group 2: Technological Innovations - The new generation of oil chromatography intelligent online monitoring systems addresses market pain points such as data comparison errors and detection sensitivity [2] - The self-developed single acetylene three-channel rapid detection device has received high performance ratings, enabling entry into high voltage market segments [2] - The MGA8000 transformer chromatography online monitoring system provides quantitative, automatic, and rapid monitoring of dissolved fault gases in transformer oil [2] Group 3: Market Strategy and Position - The company has over 20 years of experience in the power monitoring industry, with a strong R&D team and stable customer base [2] - The strategy focuses on technology-driven market expansion, innovative cooperation, and sales models to increase market share [2] - High market share in power software products is attributed to a comprehensive product matrix and strong customer service capabilities [2] Group 4: Future Plans and Challenges - Future plans include organizational restructuring, digital capability enhancement, and optimizing performance assessment systems for sustainable development [3] - The company is committed to continuous R&D investment to enhance product performance and explore new product lines [3] - Current goodwill primarily stems from the 2015 acquisitions, with annual impairment testing based on operational performance [3]

证券代码：002322 证券简称：理工能科 公告编号：2024-033 特别提示：考虑到公司回购专用证券账户上的股份不参与 2023 年度利润分配， 公司本次实际现金分红总额=实际参与分配的总股本×分配比例，即 308,665,234.5 元=363,135,570 股×0.85 元/股。因公司回购股份不参与分红，本次权益分派实施 后，根据股票市值不变原则，实施权益分派前后公司总股本保持不变，现金分红 总额分摊到每一股的比例将减小，因此，本次权益分派实施后除权除息价格计算 时，每 10 股现金红利应以 8.141023 元（不四舍五入）计算。（每股现金红利=实 际现金分红总额/股权登记日的总股本，即每股现金分红=8.141023 元/10 股 =308,665,234.5 元÷379,147,970 股）。 综上，在保证本次权益分派方案不变的前提下，2023年度权益分派实施后的 除权除息价格按照上述原则及计算方式执行，即本次权益分派实施后的除权除息 价格=股权登记日收盘价-0.8141023元。 一、股东大会审议通过权益分派方案等情况 1、宁波理工环境能源科技股份有限公司（以下简称 "公司"）2023年度权 ...

国浩律师（杭州）事务所 法律意见书 2023 年年度股东大会 之 国浩律师（杭州）事务所 关 于 宁波理工环境能源科技股份有限公司 法律意见书 致：宁波理工环境能源科技股份有限公司 国浩律师（杭州）事务所（以下简称"本所"）接受宁波理工环境能源科技 股份有限公司（以下简称"公司"）的委托，指派律师出席贵公司 2023 年年度 股东大会（以下简称"本次股东大会"），并依据《中华人民共和国公司法》（以 下简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、 《上市公司股东大会规则》（以下简称"《股东大会规则》"）、《上市公司治 理准则》（以下简称"《治理准则》"）、《深圳证券交易所上市公司股东大会 网络投票实施细则》（以下简称"《网络投票细则》"）《深圳证券交易所上市 公司自律监管指引第 1 号——主板上市公司规范运作》（以下简称"《规范运作 指引》"）等法律、法规和规范性文件以及《宁波理工环境能源科技股份有限公 司章程》（以下简称"《公司章程》"）的规定，就本次股东大会有关事宜出具 法律意见书。 为出具本法律意见书，本所律师列席了公司本次股东大会，审查了公司提供 的本次股东大会的有关文件的 ...

证券代码：002322 证券简称：理工能科 公告编号：2024-031 宁波理工环境能源科技股份有限公司 2023 年度股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东大会无新增和变更议案，也未出现否决议案。 2、本次股东大会不涉及变更以往股东大会已通过的决议。 宁波理工环境能源科技股份有限公司（以下简称"公司"）董事会于 2024 年 4 月 12 日以公告形式向全体股东发出《关于召开 2023 年度股东大会的公告》，并 刊登在《证券时报》、《上海证券报》及巨潮资讯网（www.cninfo.com.cn）上， 具体内容如下： 1 5、会议的召开方式：本次股东大会采取现场投票与网络投票相结合的方式。 （1）现场投票：股东出席现场股东大会或书面委托代理人出席现场会议参加 表决； 一、会议召开和出席情况 （一）会议召开情况 1、会议届次：2023 年度股东大会。 2、会议召集人：公司第六届董事会。 3、会议召开的合法、合规性：本次股东大会会议召开符合有关法律、行政法 规、部门规章、规范性文件和《公司章程》等的有关规定。 4 ...