Group 1 - The company conducted a research meeting on September 17, 2025, in Shenzhen with four institutions including Huaxi Securities and Baoying Fund [1] - The main customer structure for 2024 will primarily consist of joint venture brands, with a significant increase in revenue contribution from independent brands due to the rising penetration of new energy vehicles [1] - The integrated die-casting business, located in Guangzhou, has invested in four large die-casting machines, aiming to achieve profitability this year despite a slight loss in the first half of the year with revenue of 291 million yuan [1] Group 2 - The interior and exterior trim business has stable revenue but has experienced a slight decline in gross margin due to industry competition, with plans to invest in mainstream products like smart cockpits and illuminated trim [1] - The company has a technical reserve in magnesium alloy die-casting, which it developed over a decade ago, and is now seeing increased interest from manufacturers as raw material prices decline [1] - The company is actively pursuing overseas production capacity, particularly in Southeast Asia and North America, and will adapt its plans based on international political and economic conditions [1]

证券代码：002101 证券简称：广东鸿图 广东鸿图科技股份有限公司投资者关系活动记录表 编号：2025-06 | 投资者关系活动 | □特定对象调研□分析师会议 | | --- | --- | | | □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（券商策略会） | | 参与单位名称及 | 华西证券、宝盈基金、深圳创华投资、深圳兰权资本 | | 人员姓名 | | | 时间 2025 | 年 9 月 17 日 | | 地点 深圳 | | | 上市公司接待人 | 副董事长兼董事会秘书 廖坚 | | 员姓名 | | | | 1、公司近年来主要客户情况？ | | | 答：公司 2024 年的主要客户结构还是以合资品牌为主，但随 | | | 着新能源汽车渗透率的不断提升，自主品牌的收入占比在逐步提 | | | 升，今年的增长幅度会更大一些。公司一直紧跟市场节奏，积极调 | | | 整市场策略，不断提高市占率。 | | 投资者关系活动 | 2、公司的一体化压铸业务情况？ | | 主要内容介绍 | 答：公司的一体化业务主要是在广州工厂，广州工厂目前已投 | | ...

Company Overview - Sanxiang New Materials Co., Ltd. is located at 292 Jiefang Street, Shouning County, Fujian Province, established on August 24, 1991, and listed on August 1, 2016. The company specializes in the research, production, and sales of zirconium-based and casting modification industrial new materials [1][2] - The main revenue composition includes zirconium series products (84.25%), casting modification new materials (11.16%), and other products (4.59%) [1] Stock Performance - As of September 19, the stock price of Sanxiang New Materials increased by 2.05%, reaching 28.93 CNY per share, with a total market capitalization of 12.246 billion CNY [1] - Year-to-date, the stock price has risen by 82.24%, with a recent decline of 2.33% over the last five trading days, a 6.05% increase over the last 20 days, and a 10.44% increase over the last 60 days [1] Financial Performance - For the first half of 2025, Sanxiang New Materials reported a revenue of 562 million CNY, a year-on-year decrease of 7.35%, and a net profit attributable to shareholders of 44.91 million CNY, down 28.45% year-on-year [2] - The company has distributed a total of 208 million CNY in dividends since its A-share listing, with 93.76 million CNY distributed over the last three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders for Sanxiang New Materials was 32,800, a decrease of 7.12% from the previous period, with an average of 12,892 circulating shares per shareholder, an increase of 7.67% [2] - The ninth largest circulating shareholder is Hong Kong Central Clearing Limited, holding 1.798 million shares, an increase of 221,700 shares from the previous period [3] Market Activity - The stock has appeared on the "Dragon and Tiger List" twice this year, with the most recent appearance on March 4, where it recorded a net buy of -4.4688 million CNY [1]

Company Overview - Sanxiang New Materials Co., Ltd. is located at 292 Jiefang Street, Shouning County, Fujian Province, established on August 24, 1991, and listed on August 1, 2016 [1] - The company's main business involves the research, production, and sales of zirconium-based and casting modification industrial new materials [1] - Revenue composition includes zirconium series products (84.25%), casting modification new materials (11.16%), and other products (4.59%) [1] Financial Performance - For the first half of 2025, Sanxiang New Materials achieved operating revenue of 562 million yuan, a year-on-year decrease of 7.35%, and a net profit attributable to shareholders of 44.91 million yuan, down 28.45% year-on-year [2] - The company has distributed a total of 208 million yuan in dividends since its A-share listing, with 93.76 million yuan distributed over the past three years [3] Stock Market Activity - As of September 18, the stock price of Sanxiang New Materials was 28.45 yuan per share, with a market capitalization of 12.043 billion yuan [1] - The stock has increased by 79.21% year-to-date, but has seen a decline of 4.53% over the last five trading days [1] - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent appearance on March 4, where it recorded a net buy of -4.4688 million yuan [1] Shareholder Information - As of June 30, 2025, the number of shareholders was 32,800, a decrease of 7.12% from the previous period, with an average of 12,892 circulating shares per person, an increase of 7.67% [2] - Hong Kong Central Clearing Limited is the ninth largest circulating shareholder, holding 1.798 million shares, an increase of 221,700 shares from the previous period [3] Industry Context - Sanxiang New Materials belongs to the basic chemical industry, specifically in the chemical raw materials and inorganic salts sector [2] - The company is associated with several concept sectors, including solid-state batteries, Ningde Times concept, minor metals, integrated die-casting, and automotive lightweighting [2]

Company Overview - Wencan Group Co., Ltd. is located in Nanhai District, Foshan City, Guangdong Province, established on September 4, 1998, and listed on April 26, 2018. The company specializes in the research, production, and sales of automotive aluminum alloy precision die-casting parts [1][2]. Financial Performance - As of June 30, 2025, Wencan reported a revenue of 2.803 billion yuan, a year-on-year decrease of 8.88%. The net profit attributable to shareholders was 13.11 million yuan, down 83.98% year-on-year [2]. - The company has distributed a total of 312 million yuan in dividends since its A-share listing, with 133 million yuan distributed over the past three years [3]. Stock Performance - On September 18, Wencan's stock price fell by 2.01%, trading at 22.42 yuan per share, with a total market capitalization of 7.051 billion yuan. The stock has decreased by 4.64% year-to-date [1]. - The stock's trading volume was 125 million yuan, with a turnover rate of 1.75%. The net outflow of main funds was 7.717 million yuan [1]. Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 8.42% to 36,300, with an average of 8,665 circulating shares per shareholder, an increase of 9.20% [2][3]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited held 1.8539 million shares, a decrease of 751,400 shares compared to the previous period [3].

Core Viewpoint - The stock of Yizhiming has experienced fluctuations, with a recent decline of 2.00% on September 18, 2023, while the company has shown a significant year-to-date increase of 45.17% [1] Financial Performance - For the first half of 2025, Yizhiming reported a revenue of 2.746 billion yuan, representing a year-on-year growth of 15.89%, and a net profit attributable to shareholders of 345 million yuan, also up by 15.15% [2] - Cumulative cash dividends since the company's A-share listing amount to 1.192 billion yuan, with 578 million yuan distributed over the past three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders for Yizhiming is 30,200, a decrease of 4.63% from the previous period, while the average circulating shares per person increased by 4.86% to 14,989 shares [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited as the third-largest shareholder with 13.0982 million shares, a decrease of 1.8615 million shares, and Guotou Securities Co., Ltd. as the fourth-largest with 8.47 million shares, an increase of 418,500 shares [3] Business Overview - Yizhiming, established on February 6, 2004, and listed on January 23, 2015, is located in Shunde High-tech Zone, Guangdong Province. The company specializes in the design, research and development, production, sales, and service of injection molding machines, die-casting machines, rubber machines, high-speed packaging systems, molds, and robotic automation systems [1] - The main business revenue composition includes injection molding machines at 70.41%, die-casting machines at 20.26%, and other segments including rubber injection machines at 4.35% [1] Market Activity - On September 18, 2023, Yizhiming's stock price was reported at 28.41 yuan per share, with a trading volume of 330 million yuan and a turnover rate of 2.54%, resulting in a total market capitalization of 13.312 billion yuan [1] - The stock has seen a slight decline of 0.35% over the last five trading days, but a notable increase of 17.79% over the past 20 days and 43.34% over the last 60 days [1] Industry Classification - Yizhiming is classified under the Shenwan industry as part of the machinery equipment sector, specifically in specialized equipment, and is associated with concepts such as integrated die-casting, machinery, high dividend yield, robotics, and 3D printing [1]

Market Performance - The integrated die-casting concept rose by 3.12%, ranking fourth among concept sectors, with 43 stocks increasing in value [1] - Notable gainers included Meilixin with a 20% limit-up, Rongtai Co., Changyuan Donggu, and Aikedi, all hitting the limit-up as well [1] - Leading stocks in terms of percentage increase included Xusheng Group, Top Group, and Duoli Technology, which rose by 8.29%, 7.67%, and 6.42% respectively [1] Capital Flow - The integrated die-casting sector saw a net inflow of 1.523 billion yuan, with 32 stocks receiving net inflows from major funds [2] - Top Group led the net inflow with 498 million yuan, followed by Huichuan Technology, Shengli Precision, and Genesis with net inflows of 331 million yuan, 227 million yuan, and 143 million yuan respectively [2] - Stocks with the highest net inflow ratios included Changyuan Donggu, Shengli Precision, and Furan De, with ratios of 15.55%, 14.57%, and 13.14% respectively [3] Stock Performance - Top Group had a daily increase of 7.67% with a turnover rate of 6.92% and a net inflow of 497.98 million yuan [3] - Huichuan Technology increased by 4.17% with a net inflow of 331.37 million yuan and a turnover rate of 3.41% [3] - Other notable performers included Aikedi with a 9.99% increase and a net inflow ratio of 13.07%, and Xusheng Group with an 8.29% increase and a net inflow ratio of 7.53% [3]

证券之星消息，美利信9月16日涨停收盘，收盘价40.38元。该股于11点2分涨停，未打开涨停，截止收 盘封单资金为8638.9万元，占其流通市值1.96%。 今日美利信涨停的可能因素有：第一，公司治理结构优化，完成15项制度修订并设立专门委员会，提升 决策效率与透明度；第二，业务多元化布局加速，在新能源汽车零部件、通信设备、储能及半导体领域 形成协同效应，液冷超充产品实现稳定交付；第三，行业景气度提升，汽车零部件及一体化压铸板块当 日分别上涨1.0%和1.6%，形成板块共振；第四，科创债融资8亿元获批，强化研发投入及新项目资金保 障；第五，机构研报指出公司困境反转逻辑逐步兑现，新业务放量预期增强市场信心。 9月16日的资金流向数据方面，主力资金净流入3607.68万元，占总成交额3.5%，游资资金净流出 2647.06万元，占总成交额2.57%，散户资金净流出960.62万元，占总成交额0.93%。 近5日资金流向一览见下表： | | | | | 日期 收盘价 涨跌幅 主力净流入 主力净占比 游资净齿比 散户净流入 散户净占比 | | | | | | --- | --- | --- | --- | --- | ...

Core Viewpoint - Furan De has shown significant stock price appreciation and strong financial performance, indicating potential growth in the logistics supply chain services sector for high-end automotive and home appliance industries [1][2]. Group 1: Stock Performance - On September 16, Furan De's stock rose by 2.03%, reaching 22.09 CNY per share, with a trading volume of 288 million CNY and a turnover rate of 2.70%, resulting in a total market capitalization of 10.887 billion CNY [1]. - Year-to-date, Furan De's stock price has increased by 136.23%, with recent gains of 8.02% over the last five trading days, 45.23% over the last 20 days, and 63.98% over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" once this year, with the latest appearance on August 12, where it recorded a net purchase of 20.9144 million CNY [1]. Group 2: Company Overview - Furan De, established on July 8, 2004, and listed on September 24, 2020, is located in Shanghai and specializes in providing comprehensive steel logistics supply chain services for mid-to-high-end automotive and home appliance industries [2]. - The company's revenue composition includes 57.14% from processing and distribution, 41.95% from non-processing distribution, and 0.91% from processing and other services [2]. - Furan De operates within the transportation and logistics sector, focusing on raw material supply chain services, and is associated with concepts such as automotive lightweighting and new energy vehicles [2]. Group 3: Financial Performance - For the first half of 2025, Furan De reported a revenue of 5.215 billion CNY, reflecting a year-on-year growth of 2.25%, while the net profit attributable to shareholders was 153 million CNY, marking a 30.53% increase [2]. - The company has distributed a total of 784 million CNY in dividends since its A-share listing, with 532 million CNY distributed over the past three years [3]. - As of June 30, 2025, the number of shareholders decreased by 12.25% to 10,200, with an average of 48,259 circulating shares per shareholder, which increased by 13.95% [2].

Group 1: Report Core View - The decline in the company's net profit and gross profit margin in the first half of 2025 was mainly due to customer price cuts and increased depreciation and amortization from the ramping up of new business capacity. The integrated die - casting business revenue is expected to increase significantly in 2026, and the gross profit margin of the main business will improve [24]. - The company's current main customers include Tesla, Leapmotor, NIO, Li Auto, BYD, JAC, SAIC Group, SAIC Volkswagen, SAIC General Motors and other vehicle manufacturers, as well as auto parts manufacturers such as Xinpeng Co., Ltd. and Shanghai Tongzhou. The comprehensive capacity utilization rate of the stamping and welding business is over 80%. The integrated die - casting business will enter the capacity ramping - up period starting from the fourth quarter of 2025 [24][25]. - As of the end of June 2025, the company's accounts receivable balance was 1.1025678 billion yuan. The company has strengthened internal control and continuous monitoring to ensure timely collection of accounts receivable [26]. - The integrated die - casting business will enter the capacity ramping - up period starting from the fourth quarter of 2025, and is expected to have a positive impact on the company's statements in 2026. The revenue scale of the integrated die - casting business from 2023 to the third quarter of 2025 was small, and its gross profit margin is not comparable to that of traditional businesses due to low capacity utilization [27]. - The company's current investment and planned integrated die - casting production lines are 6 to 8, mainly distributed in subsidiaries in Yancheng, Changzhou and Lu'an. The company has obtained orders from NIO, Li Auto, Leapmotor and other customers and provides trial - die services for many domestic and foreign vehicle manufacturers [27]. - The company's subsidiary's acquisition of 52% of the equity of Kunshan Fager Aidelan has completed the equity change, and the remaining delivery matters are being carried out as agreed. As the full delivery has not been completed, this acquisition has not affected the company's financial condition and operating results [28]. - Some customers with a rapid increase in orders in the early stage implemented a certain annual price cut for the company in the first half of the year. The single - vehicle supply value of Tesla Model yL is basically the same as that of Model y [28]. Group 2: Research Basic Information - The research object is Duoli Technology, and the reception time was September 15, 2025. The company's reception staff included Chairman Deng Liqin, Director and Board Secretary Zhang Yeping, and Securities Affairs Representative He Shirong [17]. Group 3: Detailed Research Institutions - The reception objects included investors' online questions and others [20]. Group 4: Research Institution Proportion - No relevant content provided. Group 5: Main Content Data - In the first half of 2025, the company's revenue increased by 13.15% year - on - year, but the net profit attributable to the parent company decreased by 28.13% year - on - year, and the gross profit margin also declined by 21.41 percentage points to 17.66% [24]. - As of June 30, 2025, the company's accounts receivable balance was 1.1025678 billion yuan, with 1.0226559 billion yuan within 1 year (including 1 year), 73.4667 million yuan from 1 to 2 years, 1.4668 million yuan from 2 to 3 years, and 4.9784 million yuan over 3 years [26]. - The company's integrated die - casting business achieved mass production in 2023, and the rear floor project that won a fixed - point order from a leading new - energy customer is expected to be mass - produced in 2025. The revenue scale of the integrated die - casting business was small from 2023 to the third quarter of 2025 [26][27]. - The company's construction in progress increased by 127.42% year - on - year, mainly due to the increase in factories and machinery and equipment. The company has plans for integrated die - casting production lines in Yancheng, Changzhou and other places [27]. - The company announced in June 2025 that it planned to acquire 52% of the equity of Kunshan Fager Aidelan to promote the internationalization process. The equity change has been completed, and the remaining delivery matters are in progress [28].