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：2020-008TZZ | --- | --- | --- | |----------------|--------------------|--------------------------| | | | | | | ■ | 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：电话会议 | | | 参与单位名称及 | 乾元资本：周波 | | | 人员姓名 | 雷峰资本：张立强 | | | | 博雅投资：王万金 | | | | 玖兆投资：刘端岩 | | | | 金中华创投：杨晓琴 | | | | 约脉资本：刘成轩 | | | | 金世富盈：贾纯冶 | | | | 中央金创：赵红星 | | | --- | --- | |----------------|-------------------------------------------------------------- ...

Group 1: Company Performance Overview - In the first three quarters of 2020, the company's revenue increased by 138% year-on-year, with a compound growth rate of 58% quarter-on-quarter [3] - Revenue growth was primarily driven by linear drive products, which saw a year-on-year increase of 240%, contributing 67% to the revenue growth [3] - The cross-border e-commerce segment also contributed significantly, with a year-on-year growth of 151%, accounting for 73% of the revenue growth [3] Group 2: Cross-Border E-commerce Business - The cross-border e-commerce business consists of sales from Amazon and independent sites, with Amazon sales growing by 118% and independent site sales increasing by 406% from January to September [3] - The share of independent site sales in cross-border e-commerce sales was 13%, 21%, and 31% over the quarters [3] - The company aims to transition into a platform-based enterprise by leveraging nearly 10 years of cross-border e-commerce experience [3] Group 3: Production Capacity and Expansion - As of September 2020, the company's monthly production capacity reached 150,000 sets, with ongoing expansions at the Binhai and Vietnam factories to meet increasing sales orders [3][4] - The company has established a manufacturing base of 120,000 square meters in Ningbo and an additional 61,000 square meters in Ho Chi Minh City, Vietnam [4] Group 4: Research and Development - The company has a dedicated R&D team of over 600 people focusing on integrated electromechanical systems, embedded software and hardware, IoT, and 5G technology applications [4] - As of June 2020, the company holds 878 valid patents, including 55 invention patents, establishing a technological and patent barrier in the industry [4] Group 5: Overseas Warehouse Strategy - The company operates 17 overseas warehouses with a total area of 154,000 square meters, including 14 in the United States [5] - The rental yield of overseas warehouses is currently at 6%, providing significant cost advantages compared to leasing [5] - The company has been able to maintain high utilization rates of its warehouses due to the rapid growth of cross-border e-commerce [5] Group 6: Future Growth Drivers - Future growth is expected to come from three main areas: increased penetration of linear drive applications in health and smart home products, complementary 2C and 2B business models, and revenue from public warehouse services and independent site sales [5][6] - The company plans to establish 100 overseas warehouses in the next three years to enhance its logistics and sales capabilities [6]

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：2021-002TZZ | --- | --- | --- | |-------------------------|---------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | 投资者关系活动 \n类别 | ■特定对象调研 ...

证券代码：300729 证券简称：乐歌股份 编号：2021-004TZZ 乐歌人体工学科技股份有限公司 投资者调研接待记录表 | --- | --- | --- | |-----------------------|---------------------------------------------------------------------------|--------------------------------------------------------------| | 投资者关系活动 \n类别 | ■特定对象调研 \n□媒体采访 \n 新闻发布会 \n■现场参观 \n□其他（请文字说明） | □分析师会议 \n □业绩说明会 \n □路演活动 | | | 德邦证券 毕先磊 | | | 参与单位名称及 | 贤盛投资 马彦仁 | | | 人员姓名 | 东方证券 刘荫泽 | | | | 佳兆伟业 徐静 | | | 时间 | 2021 年 6 月 8 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 楼会议室 | | 上市公司接待 ...

编号：2021-005TZZ 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 | --- | --- | --- | |-----------------------|--------------------------------------------------------------------------|----------------------------------------------------------------| | 投资者关系活动 \n类别 | ■特定对象调研 \n□媒体采访 \n 新闻发布会 \n□现场参观 \n其他（请文字说明） | □分析师会议 \n □业绩说明会 \n □路演活动 \n 电话会议 | | 参与单位名称及 | | 线上参会投资机构：深圳亚太投资、沈阳星图投资、金浦投资、上海 | | 人员姓名 | 证券有限公司浙江分公司 | 实业集团、财信证券、横华国际资产管理有限公司、中信资本、五矿 | | 时间 | 2021 年 6 月 24 | 日 15:00 至 16:30 | | 地点 | 宁波市鄞州区首南街道学士 ...

编号：2021-006TZZ 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 | --- | --- | --- | --- | |-----------------------|---------------------------------------------------------------------------|--------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------| | 投资者关系活动类 \n别 | ■特定对象调研 \n□媒体采访 \n□新闻发布会 \n■现场参观 \n□其他（请文字说明） | □分析师会议 \n □业绩说明会 \n □路演活动 | | | | | | 弘毅投资；颐和银丰；杭州金投；沙城城利；华西银峰；安信证券；甬证投 | | ...

编号：2021-009TZZ 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：2021-008TZZ 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 | --- | --- | --- | |-------------------------|-----------------------------------------------------------------------|---------------------------------------------------------------------------------------------| | 投资者关系活动 类别 | ■特定对象调研 \n□媒体采访 \n□新闻发布会 \n■现场参观 ■其他（电话会议） | □分析师会议 \n □业绩说明会 \n □路演活动 | | | 浙商证券：陈腾曦、王家艺 | | | | 南方基金：车育文 | | | 参与单位名称及 人员姓名 | 广发证券：曹倩雯 域秀资本：张志遂 | | | | 精至资产：陈鸿、黄登峰 信达澳银基金：马绮雯 | | | 时间 地点 | 2021 年 11 月 15 宁波市鄞州区首南街道学士路 ...

证券代码：300729 证券简称：乐歌股份 编号：2021-007TZZ 乐歌人体工学科技股份有限公司 投资者调研接待记录表 | --- | --- | --- | --- | --- | |-----------------------|--------------------------------------------------------------------------|--------------------------------------------------|----------------------------------------------------------------|------------------------------| | 投资者关系活动 \n类别 | ■特定对象调研 \n□媒体采访 \n 新闻发布会 \n□现场参观 \n其他（请文字说明） | □分析师会议 \n□业绩说明会 \n□路演活动 \n电话会议 | | \n \n | | | | | 线上参会投资机构：嘉实基金；宝盈基金；国泰基金；民生加银；国 | | | | | | 寿养老；太平基金；大成 ...

编号：2022-001TZZ 证券代码：300729 证券简称：乐歌股份 | --- | --- | --- | |-------------------------|-------------------------------------------------------------------------|--------------------------------------------------------------------| | 投资者关系活动 \n类别 | ■特定对象调研 \n□媒体采访 \n 新闻发布会 \n 现场参观 \n■其他（电话会议） | □分析师会议 \n □业绩说明会 \n □路演活动 | | 参与单位名称及 人员姓名 | 浙商证券 | 马莉、陈腾曦、王家艺 | | 时间 | 2022 年 1 月 17 日 | 15:00 至 16:00 | | | | | | 地点 | 电话会议 | | | 上市公司接待人 | 董事会秘书：朱伟 | | | 员姓名 | | | | | | 本次线上会议交流的主要问题如下： | | | 1 、净利润率 17-18 | 年比较低， 19 ...