Group 1: Company Overview - The company operates four main business areas: events, racetracks, racing teams, and automotive activity promotion [1] - Currently, the company has three racing teams, with the SAIC Volkswagen 333 team being the most established since 2001 [1] - The company focuses on event operations and racetrack management as its primary business objectives [2] Group 2: Event Operations - The company hosts three major national events: CTCC (China Touring Car Championship), China Karting Championship, and Huaxia Racing Grand Prix [2] - The CTCC has been renewed for another five years, with event rights held by the China Automobile and Motorcycle Sports Federation [2] - The company also organizes grassroots entertainment events, leveraging its racetrack facilities [2] Group 3: Racetrack Management - The Shanghai International Circuit was reportedly built with an investment of approximately 2.5 billion RMB, excluding land costs [2] - The company operates two international standard racetracks and is constructing a third in Zhuzhou, Hunan [2] - The profitability of racetracks is challenging due to high initial investment costs, but operational income can still be generated [2] Group 4: Automotive Activity Promotion - Revenue from automotive activity promotion is highly dependent on the needs of automotive manufacturers [2] - The company has the advantage of owning its facilities and understanding automotive needs, allowing for tailored promotional strategies [2] Group 5: Market Insights - The modified car market is seen as having significant potential, primarily driven by replacement and upgrade demands [3] - The karting market in Shanghai is still developing, with a positive outlook for future growth [3] - The automotive sports industry is supported by a substantial sports industry, indicating strong potential for growth [3]

Group 1: Company Overview - Shanghai Lisheng Racing Culture Co., Ltd. is a leading operator in the automotive sports industry, focusing on event operations, racetrack management, and racing team operations [1][2]. - The company is the exclusive operator for several major racing events in China, including the China Touring Car Championship and the China Karting Championship [2][3]. - The actual controllers of the company are Xia Qing and Yu Chaoxu, who hold a combined 51.26% of the shares, ensuring absolute control [2]. Group 2: Business Model and Revenue - The company's revenue model is primarily driven by sports operations, catering to B2B needs, while the B2C segment is currently underdeveloped due to low ticket sales awareness [4]. - The company has a pyramid structure in its event operations, with top-tier events at the peak, such as the World Touring Car Championship, and grassroots events at the base [3][4]. - The company aims to expand its operations through a light asset model, focusing on management experience and industry resource integration [5]. Group 3: Market Potential and Challenges - The potential for the racing industry in China is significant, with a growing awareness of brand value and the need for high-quality events [4][5]. - There are currently no direct comparable companies in the market due to differing environments, although there are many competitors in niche segments [4]. - The company recognizes the importance of youth training in karting to develop future racing talents, indicating a focus on grassroots development [5][6]. Group 4: Future Plans and Strategies - The company plans to introduce more events and partnerships, although it will prioritize event development over mere event introduction due to thin profit margins [4][5]. - The racing industry in China is expected to evolve from a status symbol to a recreational activity, reflecting broader industry growth [7]. - The company will continue to leverage its extensive experience in racetrack management to enhance its operational capabilities and expand its market presence [5][6].

Group 1: Company Overview - Shanghai Lisheng Racing Culture Co., Ltd. is a leading automotive sports operator in China, focusing on event operations, racetrack management, and automotive activity promotion [1] - The company is the exclusive operator of major racing events, including the China Touring Car Championship and the China Karting Championship [1] Group 2: Market Position and Resources - The company possesses scarce racetrack resources and has established strategic partnerships with mainstream media, enhancing its market influence [3] - The company has a strong talent advantage and aims to leverage its extensive event operation experience to achieve synergistic development across its business segments [3] Group 3: Future Development Goals - Short-term goal: Stable profit growth; Mid-term goal: Develop proprietary events and brands; Long-term goal: Enhance event operation and comprehensive service capabilities [3] - The company anticipates that the automotive culture will mature in the Chinese market, supported by favorable national policies [4] Group 4: Business Segments and Growth Potential - Four main business areas: 1. Team operations: Focus on high-tech and aftermarket products [4] 2. Racetrack management: Revenue correlates with the number of racetracks [4] 3. Automotive promotion: Expected rapid revenue growth through leveraging venue and driver advantages [4] 4. Event operations: Significant investment required for high-impact events, with a goal to develop 1-2 top-tier events [4] Group 5: Industry Outlook - The company expects the automotive culture's popularity in China to surpass that of the U.S., driven by a strong automotive industry and increasing car ownership [4] - The company is well-positioned to benefit from the growing interest in automotive sports among younger generations [4] Group 6: Competitive Advantages - The company has accumulated extensive experience in commercializing automotive events, which aids in securing promotional rights for significant events [5] - The operational income from racing teams primarily comes from sponsorships, participation in competitions, and merchandise sales [5]

证券代码：002858 证券简称：力盛赛车 上海力盛赛车文化股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|-----------------------------------|-------------------------------------------------------------------------------------------------------------------------------| | | | | | | √ | 特定对象调研 □分析师会议 | | | □ | 媒体采访 □业绩说明会 | | 投资者关系活动 | □ 新闻发布会 □路演活动 | | | 类别 | □ 现场参观 | | | | | □其他 （请文字说明其他活动内容） | | 参与单位名称及 | 易方达基金 郑希 易方达基金 李慧杰 | | | 人员姓名 | | | | 时间 | 2017 年 4 月 14 | 日 14:50-16:40 | | 地点 | 上海市长宁区福泉北路 | 518 号 8 座 2 楼 力盛赛车办公室 | | 上 ...

编号：2017-013 证券代码：002858 证券简称：力盛赛车 上海力盛赛车文化股份有限公司投资者关系活动记录表 | --- | --- | --- | |-----------------------------|-------------------------|---------------------------------------------------------------------------------------------------------------| | 投资者关系活动 \n类别 | √ \n□ \n□ \n□ 现场参观 | 特定对象调研 □分析师会议 \n媒体采访 □业绩说明会 \n新闻发布会 □路演活动 | | | | □其他 （请文字说明其他活动内容） | | 参与单位名称及 人员姓名 | 国信证券 张峻豪 | | | 时间 | 2017 年 6 月 19 | 日 10:30-12:00 | | 地点 | 上海市长宁区福泉北路 | 518 号 8 座 2 楼 力盛赛车办公室 | | 上市公司 | | 上海力盛赛车文化股份有限公司董事长/总经理 夏青 | | 接待 ...

证券代码：002858 证券简称：力盛赛车 上海力盛赛车文化股份有限公司投资者关系活动记录表 编号：2017-014 | --- | --- | --- | |----------------|-------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | √ | 特定对象调研 □分析师会议 | | 投资者关系活动 | □ | 媒体采访 □业绩说明会 | | | □ | 新闻发布会 □路演活动 | | 类别 | □ 现场参观 | | | | | □其他 （请文字说明其他活动内容） | | 参与单位名称及 | 华泰证券 周钊 | | | 人员姓名 | | | | | | | | 时间 | 2017 年 6 月 | 20 日 11: ...

证券代码：002858 证券简称：力盛赛车 上海力盛赛车文化股份有限公司投资者关系活动记录表 编号：2017-011 | --- | --- | --- | |----------------|------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | √ | 特定对象调研 □分析师会议 | | 投资者关系活动 | □ | 媒体采访 □业绩说明会 | | | □ | 新闻发布会 □路演活动 | | 类别 | □ 现场参观 | | | | | □其他 （请文字说明其他活动内容） | | 参与单位名称及 | 广发证券 杨晓峰 ...

编号：2018-001 证券代码：002858 证券简称：力盛赛车 上海力盛赛车文化股份有限公司投资者关系活动记录表 | --- | --- | --- | |-----------------------------|---------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | 投资者关系活动 类别 | √ \n□ \n□ \n□ 现场参观 | 特定对象调研 □分析师会议 \n媒体采访 □业绩说明会 \n新闻发布会 □路演活动 \n□其他 （请文字说明其他活动内容） | | 参与单位名称及 人员姓名 | 天风证券 刘章明 郑 ...

编号：2018-002 证券代码：002858 证券简称：力盛赛车 上海力盛赛车文化股份有限公司投资者关系活动记录表 | --- | --- | --- | |-------------------------|-----------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------| | 投资者关系活动 \n类别 | □ \n□ \n□ \n□ 现场参观 | 特定对象调研 □分析师会议 \n媒体采访 √业绩说明会 \n新闻发布会 □路演活动 | | | | □其他 （请文字说明其他活动内容） | | 参与单位名称及 人员姓名 | 不特定投资者 | | | 时间 | 2018 年 4 月 16 | 日 15:00-17:00 | | ...

Financial Performance - In 2017, the company reported a revenue of 407.37 million, a year-on-year increase of 17.15% [2] - The net profit attributable to shareholders was 24.68% [2] - Revenue from event management reached 89.54 million, accounting for 30% of total revenue, with a significant year-on-year increase of 115.31% [2] - Revenue from racetrack operations was 76.82 million, representing a year-on-year increase of 31.37% [2] - Revenue from automotive promotion activities was 90.06 million, accounting for 30.7% of total revenue, with a year-on-year increase of 18.55% [2] - Revenue from racing team operations was 25.87 million, a decrease of 9.16% year-on-year [2] Strategic Focus - The company's strategy centers on expanding its IP (Intellectual Property) in two directions: developing racing-related IP and transforming it into entertainment IP [3] - The upper wing of the strategy focuses on expanding the consumer market through cultural integration with gaming, e-sports, music, movies, and merchandise [3] - The lower wing aims to build core barriers through trademarks, patents, and physical assets like racetracks [3] Karting Business Development - The company is establishing a karting alliance to standardize operations across karting venues in China [4] - A flagship karting venue in Songjiang has been operational since 2018, covering approximately 4,000 square meters [4] - The company aims to leverage its experience in karting championships to enhance the entertainment aspect of karting [4] Future Initiatives - The company plans to explore new business models by integrating gaming, e-sports, and entertainment to enhance market influence [4] - There is a focus on building new racetracks, as current facilities are limited to a few cities [4] - The company aims to ensure profitability in racetrack construction while establishing strategic barriers [4]