证券代码：300729 证券简称：乐歌股份 乐歌人体工学科技股份有限公司 投资者调研接待记录表 编号：2018-016TZZ | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------|--------------------------------------------------------------------|-------|-------|----------|-------|-------|-------| | | | | | | | | | | | ■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 | | | | | | | | 类别 | □新闻发布会□路演活动 | | | | | | | | | ■现场参观 | | | | | | | | | □其他（请文字说明） | | | | | | | | | 华创证券有限责任公司：张劲骐 中泰证券股份有限公司：徐偲 | | | | | | | | 参与单位名称及 | | | | | | | | | 人员姓名 ...

证券代码：300729 证券简称：乐歌股份 乐歌人体工学科技股份有限公司 投资者调研接待记录表 编号：2018-015TZZ | --- | --- | --- | |-------------------------|-------|-----------------------------------------------------------| | | | | | | | | | 投资者关系活动 | | | | 类别 | | | | | | | | | | | | | | | | | | | | 参与单位名称及 人员姓名 | | | | | | | | | | | | 时间 | | | | 地点 | | 楼会议室 | | | 19 | | | 上市公司接待人 | | | | 员姓名 | | | | | | | | | | | | | | | | 投资者关系活动 | | | | 主要内容介绍 | | | | | | | | | | 1、请介绍一下中美贸易战对公司的影响，以及公司的应对措施？ | | | | 亿关税清单计划，覆盖 | | --- | --- | |-------|------------ ...

证券代码：300729 证券简称：乐歌股份 乐歌人体工学科技股份有限公司 投资者调研接待记录表 编号：2018-017TZZ | --- | --- | |----------------|---------------------------------------------------------------| | | ■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） | | | 联讯证券股份有限公司：杨高锋、郭建挺、杨为烈 | | | 浙江宁聚投资管理有限公司：孙形江、吴杨 | | | 上海明溪资产管理有限公司：汪小清、程恋 | | | 宁波浩越资产管理有限公司：何海强 | | 参与单位名称及 | 广州经传多赢投资咨询有限公司：谢元刚 | | 人员姓名 | 宁波宝鸿投资管理有限公司：董丽英 | | | 个人投资者：郑甫、邱志良 | | | 浙江香溢融通股份有限公司：方建发 | | | 海顺证券投资咨询有限公司：吴春散 | | | 中国新闻社浙江分社：何蒋勇 | | 时间 | ...

证券代码：300729 证券简称：乐歌股份 乐歌人体工学科技股份有限公司 投资者调研接待记录表 编号：2018-018TZZ | --- | --- | |-----------------------------|----------------------------------------------------------------------------------------------------------| | 投资者关系活动 \n类别 | ■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■现场参观 \n□其他（请文字说明） | | 参与单位名称及 人员姓名 | 兴业证券股份有限公司：刘佳昆 | | 时间 | 2018 年 9 月 20 日 14:00 至 16:00 | | 地点 | 宁波市鄞州区首南街道学士路 536 号金东大厦 19 楼董秘办 | | 上市公司接待人 | 董事会秘书：傅凌志 | | 员姓名 | 证券事务代表：白咪 | | | 主要活动综述： | | | 一、调研问题回复； | | | 二、自由交流； | | | 三、参观公司。 ...

证券代码：300729 证券简称：乐歌股份 乐歌人体工学科技股份有限公司 投资者调研接待记录表 编号：2018-019TZZ | --- | --- | --- | --- | |-------------------------|--------------------------------------------------------------------------------------------------------|----------|-----------------| | 投资者关系活动 \n类别 | ■特定对象调研□分析师会议 □媒体采访□业绩说明会 \n□新闻发布会□路演活动 \n■现场参观 \n□其他（请文字说明） | | | | 参与单位名称及 人员姓名 | 华创证券有限责任公司：郭庆龙、陈梦 | | | | | | | | | 时间 | 2018 年 11 月 14 日 15:30 至 17:00 | | | | 地点 | 宁波市鄞州区首南街道学士路 536 号金东大厦 | 楼 | | | 上市公司接待人 | 董事会秘书：傅凌志 | | | | 员姓名 | 证券事务代表： ...

证券代码：300729 证券简称：乐歌股份 乐歌人体工学科技股份有限公司 投资者调研接待记录表 编号：2018-020TZZ | --- | --- | --- | --- | --- | |----------------|-------------------------------|------------------------------------------------------------------|-------|----------| | | | | | | | | ■特定对象调研 | □分析师会议 | | | | 投资者关系活动 | □媒体采访 □新闻发布会 | □业绩说明会 □路演活动 | | | | 类别 | ■现场参观 □其他（请文字说明） | | | | | 参与单位名称及 | 博时基金管理有限公司：高晖 | | | | | 人员姓名 | 西部证券股份有限公司：金文曦 | | | | | 时间 | 2018 年 11 月 16 | 日 14:00 至 17:00 | | | | 地点 | 宁波市鄞州区首南街道学士路 | 536 号金东大厦 | 18 | 楼会议室 | | 上市 ...

Company Overview - Lege Ergonomics Technology Co., Ltd. focuses on linear drive and healthy office products, primarily offering ergonomic office furniture such as smart height-adjustable desks and fitness bikes [2][3] - The company has manufacturing bases in Binhai, Jiangshan, and Vietnam [2] Financial Performance - In 2018, the company achieved total revenue of approximately 945 million RMB, representing a year-on-year growth of about 26% [3] - Net profit was 58.32 million RMB, showing a decline compared to the previous year due to factors such as exchange rate decline, rising material costs, and increased sales and R&D expenses [3] Brand Strategy - The company adheres to a self-owned brand strategy, with self-owned brand sales accounting for over 50% of total sales [3] Market Challenges - Transitioning from OEM to self-owned brand business has faced challenges, including cultural differences, customer stability, product quality, intellectual property, and market expansion [3] Competitive Edge - The company invests heavily in product R&D and process innovation, aiming to provide superior user experiences through quality and craftsmanship [3] Future Plans - The company plans to increase investment in domestic and international markets and R&D to enhance market education and share [3] - The ergonomic health office industry is still in the market education phase, with significant growth potential expected in the next decade [4] Production and Export - The company’s U.S. export business accounts for approximately 40% of its overseas sales [4] - The Vietnam factory was established to support global operations and began trial operations at the end of 2016 [4]

Group 1: Company Overview - Lege Ergonomics Technology Co., Ltd. is primarily engaged in the production of height-adjustable desks and related ergonomic products [2] - The company has a significant focus on R&D to maintain core technology and quality control [3] Group 2: Market Competition - Major competitors in the domestic market include Lege, Jiechang, and Kaidi, with international competitors like LINAK from Denmark and Ergotron from the USA [3] - The industry has a high technical barrier, requiring substantial R&D investment [3] Group 3: Product Pricing and Sales - Height-adjustable desks range in price from approximately 2,000 to over 4,000 RMB [3] - Over 50% of the company's product series consists of health office workstation products, which are on a growth trend [3] Group 4: Market Penetration and Trends - The current market penetration for health office products is low, with an estimated 300 million white-collar workers in China [4] - The market for ergonomic products is expected to grow significantly as consumer awareness and demand for healthy work environments increase [4] Group 5: Business Model - The company operates through three main divisions: international marketing, domestic marketing, and overseas brand operations, utilizing both online and offline channels [3] - The international marketing division primarily follows an ODM model, while domestic and overseas brands focus on expanding proprietary brands [3]

Group 1: Company Overview - Lege Ergonomics Technology Co., Ltd. focuses on ergonomic products, including large screen brackets and health office workstations [2][3] - The company established a factory in Vietnam to support global operations and mitigate risks from international trade tensions [3][4] Group 2: Financial Performance - In the first half of 2018, the sales revenue from large screen brackets was approximately 150 million CNY [3] - The gross profit margin for large screen brackets declined due to high raw material costs and currency fluctuations, particularly the appreciation of the RMB against the USD [3] Group 3: Product Sales and Market Penetration - Health office workstations account for over 50% of total sales and are experiencing a year-on-year growth trend [3] - The penetration rate of ergonomic health office products in foreign markets is still low, with North America and Nordic countries showing higher acceptance and market maturity [3] Group 4: Competitive Landscape - Major competitors include Milestone, Ergotron, Humanscale, Varidesk, Linak, and Dewert, with some being publicly listed [4] - The company differentiates itself from domestic competitors like Jiechang Drive in business model, product structure, and market strategy [4] Group 5: Trade and Tariff Impact - The company currently manages a 10% tariff cost from the US, which is considered manageable; however, if tariffs increase to 25% or higher, the Vietnam manufacturing setup will provide a strategic advantage [4]

证券代码：300729 证券简称：乐歌股份 乐歌人体工学科技股份有限公司 投资者调研接待记录表 编号：2019-003TZZ | --- | --- | --- | --- | |-----------------------------|------------------------------------------------------------------|------------------------|--------------------------| | | | | | | | ■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 | | | | 类别 | □新闻发布会□路演活动 | | | | | ■现场参观 | | | | | □其他（请文字说明） | | | | 参与单位名称及 | 招商证券：李宏鹏； 农银汇理基金管理有限公司：张龙； | | | | 人员姓名 | 海富通基金管理有限公司：郭湛。 | | | | 时间 | 2019 年 3 月 7 日 14:00 至 16:00 | | | | 地点 | 宁波市鄞州区首南街道学士路 536 | 号 ...