Research Brief | Steel Research NAK Receives a Visit from GF Securities and One Other Institution for Research; High-Temperature Alloy Testing Accounts for Over Half; Future Focus on Dual Directions of Testing and Instruments

MaticHoleFiller · 2026-03-27T13:35:37+00:00

Gangyan Nake was surveyed by GF Securities on March 26, discussing metal material testing business, market capitalization management, and more. The company emphasized that high-temperature alloys serve major clients, and highlighted the cost-performance advantage of their instruments. In the future, the company will focus on a dual-driven approach of testing and instrumentation to enhance market capitalization management and investor communication.

MaticHoleFiller

2026-03-27 13:35:37

Abstract generation in progress

On March 26, Steel Research Nanek Testing Technology Co., Ltd. (hereinafter referred to as “Steel Research Nanek”) accepted targeted research from specific parties, with one institution, GF Securities, participating. The company engaged in in-depth discussions with the institution on core issues such as the customer structure of its metal material testing business, the competitive advantages of its instrument products, future development directions, and market capitalization management plans.

Basic Information on Investor Activities

Activity Overview

Category of Investor Activity: Targeted Research
Activity Date: March 26, 2026
Location: Steel Research Nanek Conference Room
Company Reception Personnel: Board Secretary Xiao Ping, Investment Securities Department Guo Xiaocheng

Participating Institutions

Company
Name
—
GF Securities
Rong Lingqi

Company Business Overview

Steel Research Nanek is an innovative enterprise specializing in the research, development, and application of metal material testing technologies. Its core business includes testing services, testing analysis instruments, standard materials/standard samples, proficiency testing services, corrosion protection engineering and products, etc., widely applied in various fields such as steel, metallurgy, non-ferrous metals, machinery, aerospace, high-speed rail, nuclear power, automotive, new materials, environment, food, and petrochemicals. The company has a high reputation and credibility in the domestic metal material testing field and is one of the authoritative testing institutions in the steel industry and a strong comprehensive testing research institution. The company also disclosed that the 2025 annual report will be released on April 27, 2026.

Responses to Core Issues

Customer Structure of Metal Material Testing Business: High-Temperature Alloys Account for Over Half

In response to the institution’s question about customer structure, the company stated that, by material type, the high-temperature alloy material testing business accounts for more than half of the company’s total testing business and is the core segment of its testing services.

Competitive Advantages of Instrument Products: Large Volume and Wide Range Offer Outstanding Cost Performance, Continuous R&D Breakthroughs in High-End Products

In comparison with imported instruments, the company pointed out that its research and production of large volume and wide range instruments have a clear price advantage while meeting customer demand; high-end products still have certain gaps in detection limits and other indicators compared to imported instruments, but the company will increase R&D investment to strive to reach international advanced levels.

Future Key Development Directions: Focus on Dual-Drive of Testing and Instruments

The company clarified that it will focus on two major business directions: testing and instruments.

Testing Field: On one hand, deeply explore customer needs, extend business areas, and provide integrated testing solutions; on the other hand, strengthen lean management, reduce costs and increase efficiency, and improve information technology and automation levels.
Instrument Field: First, improve the quality of routine analysis instruments, solidify the R&D foundation, and strive for more “single champion” products; second, tackle key technologies of high-end instruments, accelerate R&D and market expansion, and increase market share of high-end instruments; third, enhance the automation and intelligence levels of instruments to strengthen competitiveness and customer experience.

Market Capitalization Management Planning: Focused on Performance, Strengthening Investor Communication

The company stated that market capitalization management is guided by enhancing company value and market capitalization, and it has established the “Market Capitalization Management System” to standardize related work. In the future, it will enhance investor communication based on focusing on main business and improving performance, as well as improving the quality and accuracy of information disclosure, effectively enhancing the effectiveness of market capitalization management.

This research did not involve undisclosed information that should be disclosed.

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