Group 1: Company Overview - Sanyou Lianzhong Group Co., Ltd. is a high-tech enterprise specializing in the research, development, manufacturing, and sales of relays, ranking among the top 100 electronic component companies in China [1] - The company has established a comprehensive service system that includes technology research and development, mold development and manufacturing, production, and after-sales service [1] Group 2: Product Segments - The product range includes general, magnetic latching, automotive, and new energy relays, as well as current transformers [1] - Future plans involve strengthening the general power relay, magnetic latching relay, and current transformer segments while increasing investment in automotive and new energy relays [1] Group 3: Market Strategy - The company aims to consolidate the market in the current transformer sector, which has overlapping downstream applications with relays, and is optimistic about growth in this area [2] - The industry is currently fragmented, presenting opportunities for market concentration and enhanced competitiveness through resource integration and sharing [2] Group 4: Investment and Development Plans - The investment amount for the holding subsidiary in Qing County is set at no more than 510 million yuan, with a new factory construction period expected to be around 15 months [2] - The company plans to increase automation in production and invest further in core materials for current transformers [2] Group 5: Competitive Advantages - Since its establishment, the company has developed competitive advantages in research and development, production, team management, and corporate culture within the relay sector [2] - The automotive sector is supported by a well-equipped team, including high-end talent for research, sales, production, and quality assurance [3]

Group 1: Company Overview - Sanyou Lianzhong is a high-tech enterprise specializing in the research, manufacturing, and sales of relays, ranking second in domestic relay sales according to the China Electronic Components Industry Association [1] - The company has developed a comprehensive service system covering technology research and development, mold manufacturing, equipment development, production, and after-sales service [1] - The product range includes general-purpose, latching, automotive, and new energy relays, as well as current transformers [1] Group 2: Industry Insights - The relay industry was primarily dominated by foreign and Taiwanese enterprises before 2000, with domestic companies gradually entering the market [2] - The global relay market is expected to reach a scale of CNY 50.27 billion by 2025, with an average growth rate of approximately 5.2% from 2020 to 2025 [2] - China remains the main production base for relays, characterized by a large number of manufacturers but few large-scale, competitive companies [2] Group 3: Business Strategy and Development - The company aims to strengthen its general-purpose power relays, latching relays, and current transformers while increasing investment in automotive and new energy relays [1] - The integration of digitalization and vertical industry integration is planned to enhance quality, reduce costs, and maintain steady growth [2] - The company is focusing on resource integration and sharing to create new profit growth points and improve overall competitiveness [2] Group 4: Financial Performance and Challenges - Current self-supply ratios are approximately 25% for plastic parts, 76% for contacts, and 66% for metal parts, with a goal to exceed 85% in the future [3] - The decline in gross profit margin is attributed to decreased market demand for general-purpose power relays, increased fixed costs during capacity ramp-up, and high commodity prices affecting material costs [3] - Management, sales, and R&D expenses increased by CNY 25.25 million due to the consolidation of new acquisitions and ongoing R&D investments [3]

证券代码：300932 证券简称：三友联众 三友联众集团股份有限公司 投资者关系活动记录表 编号：2021-001 | --- | --- | --- | --- | |---------------------|-------------------------------------------------------------|--------------------------------------------------------|----------------------| | | | | | | | □特定对象调研 | □分析师会议 | □媒体采访 | | 投资者关系活动 类别 | ☑ 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 | 参与三友联众 2020 | 年度网上业绩说明会的投资者 | | | 人员姓名 | | | | | 时间 | 2021 年 5 月 7 日上午 | 9:30-11:00 | | | 地点 | | 网络形式（全景网"投资者关系互动平台" | http://ir.p5w.net ） | | ...

证券代码：300932 证券简称：三友联众 三友联众集团股份有限公司 投资者关系活动记录表 编号：2021-004 | --- | --- | --- | --- | |-----------------------|---------------------------------------------|---------------------------------------------------------------------------------------------------------------|------------------------------------------------------| | 投资者关系活动 \n类别 | □特定对象调研 \n□业绩说明会 \n□现场参观 | □分析师会议 \n□新闻发布会 \n☑ 其他 | □媒体采访 \n□路演活动 \n（投资者网上集体接待日活动） | | 参与单位名称及 | 参与" 2021 | 广东辖区上市公司投资者关系管理月活动——投 | | | 人员姓名 | 资者网上集体接待日"的投资者 | | | | 时间 | 2 ...

证券代码：300932 证券简称：三友联众 三友联众集团股份有限公司 投资者关系活动记录表 编号：2021-003 | --- | --- | --- | --- | |-------------------------|----------------------------------|--------------------------------------------------------|---------------------------| | | | | | | 投资者关系活动 | ☑特定对象调研 | □分析师会议 | □媒体采访 | | 类别 | □业绩说明会 | □新闻发布会 | □路演活动 | | | □现场参观 | □其他 （ | ） | | | 摩根士丹利华鑫基金：陈修竹 | | | | 参与单位名称及 人员姓名 | 东吴证券：柴嘉辉 | | | | | 生命保险：舒强 | | | | 时间 | 2021 年 5 月 14 日下午 | 13:00-14:00 | | | 地点 | 公司会议室 | | | | 上市公司接待人 | 副总经理、董事会秘书：王孟君先生 | | | | 员 ...

证券代码：300932 证券简称：三友联众 三友联众集团股份有限公司 投资者关系活动记录表 编号：2021-002 | --- | --- | --- | --- | |------------------------------|--------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------| | 投资者关系活动 \n类别 | ☑特定对象调研 \n□业绩说明会 \n□现场参观 | □分析师会议 \n□新闻发布会 \n□其他 （ | □媒体采访 \n ...

证券代码：300932 证券简称：三友联众 三友联众集团股份有限公司 投资者关系活动记录表 编号：2021-005 | --- | --- | --- | --- | |-----------------------|---------------------------------------------------------------------------------|--------------------------------------------|----------------------------| | 投资者关系活动 \n类别 | ☑特定对象调研 \n□业绩说明会 \n□现场参观 | □分析师会议 \n□新闻发布会 \n□其他 （ | □媒体采访 \n□路演活动 \n） | | 参与单位名称及 | 易方达基金：李中阳 | | | | 人员姓名 | | | | | 时间 | 2021 年 5 月 26 日下午 | 14:00-15:00 | | | 地点 | 公司会议室 | | | | 上市公司接待人 | 副总经理、董事会秘书：王孟君先生 | | | | 员姓名 | 证券事务代表：邝 ...