Summary of the Conference Call for DiKe Co., Ltd. (2025) Company Overview - DiKe Co., Ltd. reported a revenue growth of 11% year-on-year for the first three quarters of 2025, reaching 4.384 billion yuan, but the net profit attributable to shareholders decreased by 167.32% to -40.35 million yuan, primarily due to fair value changes in gains and losses [2][3][4] - Total assets increased by 40.82% year-on-year to 11.029 billion yuan [2][3] Key Business Segments Photovoltaic Conductive Paste - Sales volume for photovoltaic conductive paste decreased by 15.44% year-on-year to 1,337.36 tons, with a stable market share of over 30% [2][5][15] - The processing fees for Topcon and HJT technologies are approximately 350 yuan/kg and 500 yuan/kg, respectively [2][15] - Sales in Q2 and Q3 showed a quarter-on-quarter increase, indicating a potential recovery trend [2][5] Storage Business - The storage segment achieved a revenue of 270 million yuan in the first three quarters of 2025, with a profit of 44.56 million yuan, including share-based payment expenses [2][7] - The company aims for the storage business to reach a revenue scale of 5 billion yuan over the next three years, maintaining a gross margin of around 20% [3][12] - Significant price increases of 150%-200% for LPDDR4 products since April 2025 are expected to sustain optimistic market conditions for the next three years [3][12] Acquisition of Companies - The acquisition of Suot Company was completed in September 2025, contributing 60 tons to the sales volume for that month [2][8][16] - The acquisition of Yingmao Holdings and Jiangsu Jinkai has created a closed-loop in the storage industry chain, enhancing operational efficiency [2][6] Financial Performance - The net profit for the first three quarters was 38.1265 million yuan, a decline of 34.05% [4] - Fair value changes resulted in a loss of 184 million yuan, primarily due to fluctuations in silver futures and leasing [4][11] - The company’s operational cash flow has been impacted by a more than 50% increase in silver prices, but financing strategies have been implemented to manage working capital needs [9][19] Market Outlook - The company plans to expand its market presence in consumer electronics and prepare for the demand for CXL and HBM products [19] - The introduction of gigawatt-level production lines by key customers in Q4 is expected to enhance capacity and yield [18][20] - The overall sentiment for the storage business remains positive, with expectations of revenue growth driven by both price increases and higher shipment volumes [20] Additional Insights - The company employs a back-to-back operational model, mitigating risks associated with silver price fluctuations by passing these risks onto customers [9] - The integration of Suot Company is anticipated to influence overall profitability, although there may be short-term impacts on gross margins due to increased raw material costs [16][17] This summary encapsulates the critical points from the conference call, highlighting the company's performance, strategic initiatives, and market outlook.

Core Insights - The company reported a significant decline in net profit for the first three quarters of 2025, with a decrease of nearly 90% year-on-year [1] - Despite the drop in net profit, the company achieved a revenue growth of 10.55% compared to the same period last year [1] Financial Performance - The company's revenue for the first three quarters of 2025 was approximately 12.724 billion, reflecting a year-on-year increase [1] - The net profit attributable to shareholders for the same period was about 29.4566 million, showing a year-on-year decline of 89.94% [1]

Group 1 - The company, Dike Co., Ltd. (stock code: 300842), announced on the evening of October 28 that it has agreed to nominate Ms. Rong Suliy as a candidate for the position of non-independent director [1]

Core Viewpoint - The company reported a significant increase in revenue for the first three quarters, but a substantial decline in net profit, indicating potential challenges in profitability despite revenue growth [1] Financial Performance - The company's operating revenue for the first three quarters reached 12.72 billion yuan, representing a year-on-year growth of 10.55% [1] - The net profit attributable to shareholders was 29.46 million yuan, showing a year-on-year decrease of 89.94% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 127 million yuan, which is a year-on-year decline of 68.93% [1]

Group 1 - The company, Dike Co., Ltd. (SZ 300842), announced the convening of its 14th meeting of the third board of directors on October 28, 2025, to review the proposal for the "2025 Third Quarter Report" [1] - For the first half of 2025, the company's revenue composition was 77.26% from electronic materials and 22.74% from other businesses [1] - As of the report date, the market capitalization of Dike Co., Ltd. was 9 billion yuan [1] Group 2 - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation, with a new "slow bull" market pattern emerging driven by technology [1]

Group 1 - Company reported Q3 performance with revenue of approximately 12.724 billion yuan, a year-on-year increase of 10.55% [1] - Net profit attributable to shareholders was approximately 29.46 million yuan, a year-on-year decrease of 89.94% [1] - Basic earnings per share were 0.21 yuan, a year-on-year decrease of 89.9% [1] Group 2 - As of the report, the company's market capitalization is 9 billion yuan [2]

无锡帝科电子材料股份有限公司 子公司管理制度 第一章 总则 第二章 治理结构 1 第一条 为加强无锡帝科电子材料股份有限公司（以下简称"公司"）内部控制，促 进公司规范运作和健康发展，保护投资者合法权益，加强对控股子公司（或 称"子公司"）的管理控制，规范控股子公司行为，保证控股子公司规范运 作和依法经营，根据《中华人民共和国公司法》、《中华人民共和国证券法》 等法律法规和规范性文件，以及《无锡帝科电子材料股份有限公司章程》（以 下简称"《公司章程》"）的相关规定，并结合公司实际情况，制定本制度。 第二条 本制度适用于公司投资的控股子公司。"控股子公司"是指公司持有其超过 50%的股权，或者持股 50%以下但能够决定其董事会半数以上成员的当选， 或者通过协议或其他安排能够实际控制的具有独立法人资格的公司。 第三条 各子公司应遵循本制度，结合公司的相关内部控制规定，根据自身经营特点， 可制定具体的实施细则，以保证本制度的贯彻和执行。公司各职能部门应按 相关内控制度，及时对子公司做好服务、指导、监督等工作。 第四条 公司的子公司控股或控制其他公司的，应参照本制度的要求逐层建立对其下 属子公司的管理制度，并接受公司 ...

无锡帝科电子材料股份有限公司 募集资金管理办法 第一章 总则 2 公司应当真实、准确、完整地披露募集资金的实际使用情况，并在年度审 计的同时聘请会计师事务所对募集资金存放与使用情况进行鉴证。 募集资金投资项目通过公司的子公司或者公司控制的其他企业实施的，公 司应当确保该子公司或者控制的其他企业遵守其募集资金管理制度。 1 第一条 为加强、规范无锡帝科电子材料股份有限公司(以下简称"公司")募集资 金的管理，提高募集资金使用效率和效益，根据《中华人民共和国公司法》 《中华人民共和国证券法》《深圳证券交易所创业板股票上市规则》《深圳 证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》 (以下简称"《规范运作指引》")、《上市公司监管指引第 2 号——上市公司 募集资金管理和使用的监管要求(2022 年修订)》，以及《无锡帝科电子材 料股份有限公司章程》(以下简称"《公司章程》")的规定，结合公司实际情 况，特制定本办法。 第二条 募集资金是指本公司通过发行股票或者其他具有股权性质的证券，向投资 者募集并用于特定用途的资金，但不包括公司实施股权激励计划募集的资 金。超募资金是指公司实际募集资金净额 ...

无锡帝科电子材料股份有限公司 控股股东和实际控制人行为规范 第一章 总则 第一条 为了进一步规范无锡帝科电子材料股份有限公司(以下简称"公司")控股 股东、实际控制人行为规范, 完善公司治理结构, 切实保护公司和中小股东的合法权 益, 根据《中华人民共和国公司法》、《中华人民共和国证券法》、中国证监会《上市 公司治理准则》等相关法律、法规、其他规范性文件以及《无锡帝科电子材料股份 有限公司章程》(以下简称《" 公司章程》")的规定, 制订本制度。 第二条 控股股东、实际控制人及其相关人员应当遵守证券市场有关法律法规的 规定, 促进公司规范运作, 提高公司质量。 控股股东、实际控制人应当遵守诚实信用原则, 依照法律法规以及公司章程的 规定善意行使权利, 严格履行其做出的各项承诺, 谋求公司和全体股东利益的共同 发展。 控股股东、实际控制人不得滥用权利, 通过关联交易、利润分配、资产重组、 对外投资等方式损害公司及其他股东的利益。 第二章 上市公司治理 第三条 控股股东、实际控制人应当采取切实有效措施保证公司资产完整、人员 独立、财务独立、机构独立和业务独立，不得通过任何方式影响公司的独立性。控 股股东、实际控制 ...

无锡帝科电子材料股份有限公司 内幕信息知情人登记制度 第一章 总则 第四条 公司董事及高级管理人员和公司各部门都应做好内幕信息的保密工作。 第五条 公司董事、高级管理人员和其他内幕信息知情人在信息披露前，应当将该 信息的知情者控制在最小范围内，不得泄漏公司内幕信息，不得进行内 幕交易或者配合他人操纵公司股票及其衍生品种交易价格。 1 第一条 为加强无锡帝科电子材料股份有限公司(以下简称"公司")内幕信息管理， 做好内幕信息保密工作，维护信息披露的公平原则，保护广大投资者的合 法权益，根据《中华人民共和国公司法》、《中华人民共和国证券法》、《上 市公司信息披露管理办法》、《深圳证券交易所创业板股票上市规则》、《上 市公司监管指引第 5 号——上市公司内幕信息知情人登记管理制度》等有 关法律、法规、规范性文件及公司章程的有关规定，结合公司实际情况， 特制定本制度。 第二条 内幕信息的管理工作由董事会负责，董事会秘书组织实施。董事会办公室 是公司信息披露管理、投资者关系管理、内幕信息登记备案的日常办事 机构，并负责公司内幕信息的监管工作。 第三条 未经董事会批准同意，公司任何部门和个人不得向外界泄露、报道、传送 有 ...