Group 1: South Africa Project Overview - The South African project aims to introduce a smart grid metering and monitoring system to address severe water and electricity wastage issues in E City, which has led to significant financial losses [2][3]. - The project was awarded through a bidding process organized by E City, leveraging the company's advanced technology and experience from similar projects in Ghana [3][4]. Group 2: Financial Aspects - The total project cost is estimated at 1.098 billion Rand (approximately 600 million RMB), which includes the supply of 66,000 single-phase meters, 5,100 three-phase meters, and 83,123 water meters [4]. - The expected return on investment is projected to be within 3-4 years, with operational revenue sharing contributing to the recovery of costs [4]. Group 3: Replicability and Future Opportunities - The project has strong replicability potential, with around 170 cities in the vicinity of E City facing similar issues, and 4-5 cities currently expressing interest in collaboration [5]. - The company is also progressing with a 660MW gas power plant project in Ghana, which is planned to be developed in three phases, with an initial investment of 150 million USD for the first phase [5]. Group 4: Current Projects and Developments - The company has installed 280,000 energy meters under the BOT project, with an extension of the operational period until November 2016 [6][7]. - The ongoing projects include the replacement of 100,000 prepaid meters and the expansion of distribution network lines, which are expected to be operational by the end of 2014 [7].

证券代码：300139 证券简称：福星晓程 编号：2015-007 北京福星晓程股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|--------------------------------|------------------------------------------------------| | | | | | 投资者关系活动 | ■ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ 其他 | | | 参与单位名称及 | | 平安资产 古嘉元 太平洋证券 王秀平 | | 人员姓名 | | 安信证券 安永平 银华基金 向伊达 | | 时间 | 2015 年 7 月 6 日 | | | 地点 | 公司 503 会议室 | | | 上市公司接待人 | 董事会秘书：王含静 | | | 员姓名 | 记录人： 王琼 | | | 投资者关系活动 | 问：公司在非洲的业务布局如何？ | | | 主要内容介绍 | 答：目前公司在 ...

Group 1: Company Overview - The company operates in integrated circuit design and smart energy meter manufacturing, forming a complete industrial chain from design to application [2][3] - The company has developed capabilities for in-depth product development across various stages of the industrial chain, providing comprehensive solutions for power companies and energy meter suppliers [3] - The company is actively expanding internationally, with projects in Asia, West Africa, and South Africa, establishing a solid platform for global development [3] Group 2: South Africa Project - The E City government is facing severe infrastructure issues, leading to significant losses due to water and electricity wastage [4] - The company aims to collaborate with E City to implement a smart grid metering and monitoring system to enhance operational management and service quality [4] - The project includes a unified billing system for water and electricity, currently in the experimental network construction phase [4] Group 3: Revenue and Market Share - Currently, overseas business revenue constitutes a significant portion, while domestic business revenue is relatively low [4] - The company’s overseas projects are replicable, especially in South Africa, where approximately 170 cities face similar issues [4] - The company is constructing a 20MW solar power station in Ghana, expected to generate around 600 million kWh over 25 years, with an average annual output of 25 million kWh [5] Group 4: Domestic Market and Future Plans - The company acknowledges a decline in domestic market share due to increasing competition but remains committed to domestic market development [5] - Future funding needs for projects will be addressed through refinancing, bond issuance, and bank financing, depending on actual circumstances [5] - The company plans to continue expanding its projects in West Africa, aiming for a complete industrial chain from electricity consumption to generation [6] Group 5: Management and Incentives - The company emphasizes the importance of local promotion and has established a team for project execution, with core management and R&D personnel dispatched from China [6] - Consideration for equity incentives is on the agenda, with plans to introduce relevant programs when appropriate [6] - The company ensures compliance with information disclosure regulations, maintaining transparency and accuracy in communications with investors [7]

证券代码：300139 证券简称：福星晓程 编号：2015-009 北京福星晓程股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|-------------------------------|------------------------------------------------------| | | | | | 投资者关系活动 | ■ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ 其他 | | | 参与单位名称及 | 长城国瑞证券 李志伟 潘永采 | | | 人员姓名 | 信诚资本 魏 华 李华飞 | | | 时间 | 2015 年 10 月 29 日 | | | 地点 | 公司 506 会议室 | | | 上市公司接待人 | 董事会秘书：王含静 | | | 员姓名 | 记录人：王琼 | | | 投资者关系活动 | 问：南非 PPP | 项目情况及进展？ | | 主要内容介绍 | 答：根据公司的前期调研，E ...

证券代码：300139 证券简称：福星晓程 编号：2015-001 北京福星晓程股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|-------------------------|--------------| | | | | | 投资者关系活动 | □ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ 其他 | | | 参与单位名称及 | 华商基金 吴明鉴 | | | 人员姓名 | 安信证券 安永平 | | | | 巨杉资产 秦宇斌 | | | | 中邮基金 黄喆 张腾 | | | | 永望资产 黄树军 | | | | 励石投资 杨光兵 | | | 时间 | 2015 年 1 月 20 | | | 地点 | 公司 506 会议室 | | | 上市公司接待人 | 董事会秘书：王含静 | | | 员姓名 | 记录人： 王琼 | | | --- | --- | |----------------|--------------- ...

Group 1: Investor Relations Activities - The investor relations activity included specific object research and analyst meetings [2] - Participants included representatives from Da Cheng Fund and Yin Hua Fund [2] - The meeting took place on January 27, 2015, in the company's conference room [2] Group 2: Non-Public Issuance Progress - The company has submitted the first feedback response materials to the CSRC regarding the non-public issuance of shares [2] - Further updates to the documents were made based on CSRC requirements, awaiting further notification from the CSRC [2] Group 3: Loss Reduction Project in Ghana - The project aims to convert 450,000 electricity meters in Accra, Ghana, to a prepaid system to reduce electricity theft and losses [3] - The project is a response to severe electricity theft due to shared meters and a complicated billing system [3] - The depreciation of the loss reduction project will be based on the installed assets [3] Group 4: Financial Impact and Revenue Calculation - In E City, South Africa, water and electricity losses amounted to approximately 660 million Rand, equivalent to about 396 million RMB [4] - Revenue before breakeven is calculated using a specific formula based on technical and management loss benchmarks [4] Group 5: Project Replicability and Currency - The South Africa project is considered more replicable than the loss reduction project in Ghana due to better infrastructure and lower engineering difficulty [5] - The loss reduction project is settled in USD, while the South Africa project is settled in Rand [5] Group 6: Future Projects and Funding - The company plans to build a 660 MW gas power plant in Ghana, with a memorandum of cooperation signed with the Volta River Authority [6] - The project will be constructed in three phases, with the first phase expected to cost 150 million USD [6] - Funding gaps for future projects may be addressed through refinancing, government support, or bank financing [6]

Group 1: Company Overview - The company operates in the integrated circuit design and smart energy meter manufacturing sectors, forming a complete industrial chain from design to application [3][4] - The company has been actively expanding internationally, particularly in Asia, West Africa, and South Africa, prior to the "Belt and Road" initiative [4] Group 2: Projects and Investments - Current projects in Africa include BOT projects, loss reduction projects, two distribution network projects, a 20 MW solar power station, and a PPP project in South Africa [3][4] - A memorandum of understanding has been signed for a 660 MW gas power station project, with specific contracts yet to be finalized [3] Group 3: Funding and Financial Strategies - The company anticipates a significant funding requirement for overseas investments, primarily in USD, and plans to address this through refinancing, bond issuance, state support, or bank financing [3][4] - The company is considering partnerships based on actual operational and project conditions [4][5] Group 4: Market Trends and Challenges - The company aims to capture both domestic and international markets, focusing on integrated circuits while steadily developing overseas markets [4][5] - The biggest challenge faced in overseas projects is the lack of skilled management personnel, prompting the company to enhance talent reserves and optimize management processes [5][6] Group 5: Political and Economic Environment - Countries like Ghana and South Africa, where the company operates, are politically stable and legally sound, with Ghana being noted as the safest in West Africa [5][6] - The company sees opportunities in the power generation sector due to the government's plans to build a "West African Power Corridor" [5]

证券代码：300139 证券简称：福星晓程 编号：2015-003 北京福星晓程股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|----------------------------------|------------------------------------------------------| | | | | | 投资者关系活动 | ■ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ 其他 | | | 参与单位名称及 | 彬元资本 吴晨 罗迟放 | | | 人员姓名 | 睿谷投资 徐颢 | | | | 野村投资 小仓勉聪 | | | 时间 | 2015 年 2 月 6 日 | | | 地点 | 公司 506 会议室 | | | 上市公司接待人 | 董事会秘书：王含静 | | | 员姓名 | 记录人： 王琼 | | | 投资者关系活动 | 问：请王总介绍下公司的基本情况。 | | | 主要内容介绍 | | 答 ...

证券代码：300139 证券简称：福星晓程 编号：2015-004 北京福星晓程股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|----------------------------------|------------------------------------| | | | | | 投资者关系活动 | ■ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ 其他 | | | 参与单位名称及 | 大成基金 徐雄晖 | | | 人员姓名 | 平安养老 张孝达 | | | | 普尔投资 陈卫荣 | | | | 仰恩资产 常建中 | | | | 安信证券 安永平 | | | | | 泰达宏利 陈炜 农冰立 李坤元 陈丹琳 | | 时间 | 2015 年 3 月 10 日 | | | 地点 | 公司 506 会议室 | | | 上市公司接待人 | 董事会秘书：王含静 | | | 员姓名 | 记录人： 王琼 | | | 投资者 ...