证券代码：002247 证券简称：帝龙新材 浙江帝龙新材料股份有限公司投资者关系活动记录表 编号：2015-007 | --- | --- | --- | |------------------------|------------------------------------------------|--------------------------------------------------------------------| | | ■ 特定对象调研 □分析师会议 | | | 投资者关 | □ 媒体采访 □业绩说明会 | | | 系活动类 | □新闻发布会 □路演活动 | | | 别 | ■ 现场参观 | | | | □ 其他 （请文字说明其他活动内容） | | | | | 诺安基金管理有限公司 熊 林 研究员 | | 参与单位 名称及人 | | 泛瑞资产管理有限公司 盖伟伟 投资分析师 | | 员姓名 | | 长江证券股份有限公司 高 超 轻工行业分析师 | | 时 间 | 2015 年 04 月 28 | | | | | | | 地 点 | 公司 | | | 上市公司 接待人员 姓名 | ...

Group 1: Market Share Growth - The company's market share has been increasing due to the expansion of product application areas, particularly in the use of decorative paper in high-end renovations and factory-based decoration [1] - The concentration of downstream customers is increasing, with larger enterprises preferring suppliers that are stable in quality and have sufficient scale and financial strength [2] - Continuous breakthroughs in new processes and technologies provide customers with more choices and expand the application range of products [2] - The company has established a comprehensive national layout, enabling it to offer customized, one-stop services to major clients [2] Group 2: Export and Market Expansion - The proportion of products sold abroad has decreased, with export revenue accounting for 14% of total revenue in 2014 [2] - The company’s products are exported to over 30 countries and regions, primarily in the Middle East, South Asia, Europe, and North America, with a focus on developing the European and South American markets in the future [2] Group 3: Industry Growth Projections - The demand for decorative paper is expected to grow annually by 15%-25% during the "12th Five-Year Plan" period, driven by urbanization, infrastructure development, and increasing demand for green and energy-saving materials [2] - The continuous development of new processes and technologies in the company and its upstream and downstream industries will further broaden the application areas and demand for decorative paper [2]

证券代码：002247 证券简称：帝龙新材 浙江帝龙新材料股份有限公司投资者关系活动记录表 编号：2015-003 | --- | --- | --- | --- | |--------------------------|----------------------------------|----------------------------------------------------------------------|-------------------------------| | | ■ | 特定对象调研 □分析师会议 | | | 投资者关 | □ 媒体采访 □业绩说明会 | | | | 系活动类 | □新闻发布会 □路演活动 | | | | 别 | ■ 现场参观 | | | | | □ | 其他 （请文字说明其他活动内容） | | | 参与单位 名称及人 员姓名 | | 中信证券股份有限公司建材行业研究部高级经理 许拓 | | | 时 间 | 2015 年 01 月 21 | 日 | | | 地 点 | 公司 | | | | 上市公司 | | | | | 接待人员 姓名 投资者关 | 一 ...

证券代码：002247 证券简称：帝龙新材 浙江帝龙新材料股份有限公司投资者关系活动记录表 编号：2015-001 | --- | --- | --- | --- | |-----------------------|--------------------------|----------------------------------------------------------------------|-------| | | | | | | | ■ | 特定对象调研 □分析师会议 | | | 投资者关系 | □媒体采访 □业绩说明会 | | | | | □ 新闻发布会 □路演活动 | | | | 活动类别 | ■现场参观 | | | | | □ | 其他 （请文字说明其他活动内容） | | | 参与单位名 | | 招商证券造纸轻工首席分析师 郑 恺 | | | 称及人员姓 | | 上海德汇集团有限公司证券投资部投资经理 潘学诗 | | | 名 | | 淡水泉（北京）投资管理有限公司合伙人 叶智深 | | | 时 间 | 2015 年 01 月 14 | 日 | | | 地 点 | 公司 | | | ...

证券代码：002247 证券简称：帝龙新材 浙江帝龙新材料股份有限公司投资者关系活动记录表 编号：2015-002 | --- | --- | --- | |--------------------------|----------------------------------------|--------------------------------------------------------| | | ■ 特定对象调研 □分析师会议 | | | 投资者关 | □ 媒体采访 □业绩说明会 | | | 系活动类 | □新闻发布会 □路演活动 | | | 别 | □ 现场参观 | | | | □ 其他 （请文字说明其他活动内容） | | | 参与单位 名称及人 员姓名 | 信达证券股份有限公司行业研究员 徐林锋 | | | 时 间 | 2015 年 01 月 16 | | | 地 点 | 公司 | | | 上市公司 接待人员 姓名 | 董事会秘书王晓红 证券事务助理胡宇霆 | | | 投资者关 | 交流的主要问题 | | | 系活动主 | （一）公司在海外的市场主要在那些区域？ | | | 要内容介 | ...

证券代码：002247 证券简称：帝龙新材 浙江帝龙新材料股份有限公司投资者关系活动记录表 编号：2015-004 | --- | --- | --- | --- | |---------------|----------------------------------|-------------------------------------------|-------| | | ■ | 特定对象调研 □分析师会议 | | | 投资者关 | □ | 媒体采访 □业绩说明会 | | | | | | | | 系活动类 别 | □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） | | | | | | | | | | 中信证券股份有限公司 曾豪、许拓 | | | | | 兴业证券上海证券资产管理分公司 包丽华 | | | | | 兴业证券证券投资部 薛莉丽 | | | 参与单位 | | 招商基金管理有限公司 马柯 | | | 名称及人 | | 上投摩根基金管理有限公司 朱晓龙 | | | 员姓名 | | 华夏基金管理有限公司 李晨晨 | | | | | 国泰基金管 ...

Group 1: Company Performance and Growth Drivers - The company's performance growth is steady, primarily due to the expansion of decorative paper applications, including flooring, furniture, and plywood [1] - Increasing consumer awareness of environmental protection has led to a higher demand for cost-effective and eco-friendly decorative paper [3] - The trend towards factory-based renovations and accelerated furniture replacement cycles are driving the growth of decorative paper demand [3] - New technologies and processes developed by the company are providing customers with more options and expanding product applications [3] Group 2: Accounts Receivable Management - Accounts receivable have been increasing annually, but the company implements strict credit management based on customer ratings [3] - Accounts receivable accounted for approximately 10% of annual revenue, indicating a relatively low proportion [3] - The company maintains a short aging period for accounts receivable, with about 95% of the balance being within one year [3] - The concentration of accounts receivable is low, with major clients accounting for a small percentage of total receivables [3] Group 3: Regional Distribution and Subsidiary Establishment - The company has established subsidiaries in regions with high demand for decorative paper, including Guangdong, Jiangsu, and Sichuan [4] - The headquarters in Lin'an, Zhejiang, is strategically located in the Yangtze River Delta economic zone, facilitating supply chain efficiency [4] - Subsidiaries have been set up in downstream enterprise clusters to reduce logistics costs and improve customer proximity [4] Group 4: Product Profitability and Future Growth - The gross margin of impregnated paper and decorative paper panels is lower than that of printed decorative paper due to cost structures [4] - Despite lower margins, the extension of product lines can drive overall decorative paper sales and enhance customer service [4] - Future growth is expected from new projects, ongoing projects, and the release of capacities and benefits from new products like high-gloss and ice-fire boards [4]

Group 1: Product Applications - The company's ice-fire board is primarily used as a substitute for tiles, marble, and wood finishes, with applications in hospitals, real estate, hotels, and other sectors [1] - The increasing trend of real estate developers offering finely decorated units is driving demand for the ice-fire board, which meets both developers' and consumers' needs [3] Group 2: Accounts Receivable Risk Control - The company employs a rating system based on client size, brand, credit level, and purchase volume to manage credit limits and payment terms, maintaining strict control [3] - The year-end accounts receivable balance has remained around 10% of annual revenue over the past three years, indicating low risk [3] - Approximately 95% of accounts receivable are aged within one year, reflecting short payment terms [3] - The concentration of accounts receivable is low, with the top five clients accounting for about 26% of the total [3] Group 3: Growth Points for 2015 - In 2015, growth will be driven by the gradual release of new products such as high-gloss boards and ice-fire boards, as well as the benefits from newly established subsidiaries and projects [3]

Group 1: Company Overview - Zhejiang Dilong New Materials Co., Ltd. is involved in the game development and publishing sector, with a focus on both quantity and quality of game releases [1][2]. - The company aims to maintain its leading position in the decorative paper industry while expanding into game development and publishing [2][3]. Group 2: Financial Performance - In 2015, Meishengyuan achieved a revenue of 183.83 million CNY, with a performance completion rate of 102.13% [3]. - For the first quarter of 2016, Meishengyuan reported a revenue of 168 million CNY and a net profit of 75.63 million CNY [4]. Group 3: Strategic Development - The company plans to leverage its advantages in brand, capital, and management to support Meishengyuan's business development [2][3]. - Future strategic projects will be closely monitored and announced as per the overall strategic planning of the listed company [4]. Group 4: Market Trends and Challenges - The trend towards high-quality, differentiated game content is seen as a significant market opportunity [2]. - The company is prepared to adapt to changes in payment methods, currently relying on telecom operators but open to third-party payment options if user preferences shift [2][3]. Group 5: Talent Management - The company will adopt a combination of internal training and external recruitment to build its talent pool for future projects [3].