QSZY(SH:600103) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-23 00:53Core Viewpoint - The company held a half-year performance briefing on October 22, 2025, to communicate with investors and address their concerns regarding the company's operational performance and strategic initiatives [1][2]. Summary by Sections Meeting Overview - The performance briefing was announced on October 15, 2025, and took place on October 22, 2025, from 13:00 to 14:00 at the Shanghai Stock Exchange Roadshow Center [1][2]. Key Investor Questions and Company Responses - Trade War Mitigation: The company addressed how it is managing uncertainties related to trade wars, referring investors to the "Management Discussion and Analysis" section of its periodic reports for detailed measures [3]. - Subsidiary Supply Chain: The subsidiary, Hengbao Tong Malaysia, has been supplying products to FABRINET, indicating ongoing collaboration [3]. - 800G Optical Module Development: The 800G optical module is currently in the sample testing phase, with no involvement in the development of 1.6T optical modules at this time [3]. - Investor Communication Concerns: The company acknowledged delays in responding to investor inquiries on the Shanghai Stock Exchange interaction platform and committed to improving communication [4][5]. - Major Shareholder's Share Reduction: The company confirmed that the recent share reduction by a major shareholder was compliant with regulations and did not involve any illegal actions [5]. - Special Food Production Line Profitability: The special food production line under subsidiary Water Fairy Pharmaceutical is progressing slowly due to multiple factors, with further details available in periodic reports [5]. Additional Information - Investors can access detailed information about the performance briefing through the Shanghai Stock Exchange Roadshow Center and the company's designated disclosure media [3]. - The company expressed gratitude to investors for their support and suggestions during the briefing [6].