Group 1: Financial Performance Overview - In 2024, the company achieved a revenue of 3.011 billion yuan, a year-on-year decrease of 0.60% [2] - The net profit attributable to shareholders was 542 million yuan, down 5.22% year-on-year [2] - For Q1 2025, revenue was 536 million yuan, a decline of 17.80% compared to the previous year [2] - The net profit attributable to shareholders for Q1 2025 was approximately 49 million yuan, a significant drop of 53.43% year-on-year [2] Group 2: Profitability Factors - The decline in Q1 2025 net profit was primarily due to a revenue drop of 116 million yuan, impacting profits by 63.23 million yuan [3] - Sales expenses increased by 20.38 million yuan, a growth rate of 11.65%, mainly due to rising e-commerce platform costs [3] - Financial expenses decreased by 2.21 million yuan, while other income fell by 58.16 million yuan due to reduced government subsidies [4] Group 3: Cash Flow and Operational Insights - Cash received from sales decreased by 87.23 million yuan, attributed to longer accounts receivable periods and reduced sales [6] - Cash paid for operating activities increased by 283 million yuan, a growth rate of 15.30%, due to higher procurement costs [6] - The company plans to maintain its high dividend policy, with a dividend payout ratio of 95.84% in 2024 [2]

Group 1: Financial Performance - The company achieved a revenue of 293.95 million yuan in Q1 2025, representing a year-on-year growth of 7.74% [3] - The net profit attributable to shareholders for the same period was 25.99 million yuan, with a year-on-year increase of 3.74% [3] Group 2: Strategic Focus - The company will focus on product market expansion, product structure adjustment, and R&D innovation to enhance operational performance and core competitiveness [3] - There are no current plans to expand into the offshore wind power market [4] Group 3: Investor Relations Management - The company has established an "Investor Relations Management System" to enhance communication with investors through various channels [5] - The company emphasizes the importance of market value management and has developed a "Quality Return Double Improvement" action plan [5] Group 4: Industry Context - The company is monitoring international trade policies due to uncertainties in the current trade environment [4] - For insights on industry development prospects, stakeholders are encouraged to refer to the company's 2024 annual report [4]

编号：2025-009 | | 特定对象调研 分析师会议 | | | | --- | --- | --- | --- | | 投资者关系 | 媒体采访 业绩说明会 | | | | 活动类别 | 新闻发布会 路演活动 | | | | | 其他 （电话会议） 现场参观  | | | | 参与单位名称及 | 泰康基金 宋仁杰、郭嘉熙 | | | | 人员姓名 | 华西证券 刘文正、褚菁菁 | | | | 时间 | 年 月 日 2025 | 4 | 28 | | 地点 | 电话会议 | | | | 上市公司接待 | 副总经理兼董事会秘书许恬 | | | | 人员姓名 | | | | | 投资者关系活动 | 一、介绍环节 | | | | | 公司副总经理兼董事会秘书许恬就公司 2024 年度及 2025 年一季 | | | | | 度经营做了介绍。 | | | | | 二、问答环节 | | | | 主要内容介绍 | 公司在接待过程中严格按照公司《信息披露管理制度》《投资者 | | | | | 关系管理制度》规定，没有出现未公开重大信息泄露等情况。各方还 | | | | | 就公司品牌建设、产品研发等方面 ...

Group 1: Company Performance - The company achieved a revenue of 157 million yuan in Q1 2025, representing an 18.79% year-on-year increase [3] - The net profit attributable to the parent company was approximately -13.93 million yuan, an increase of 15.81% year-on-year [3] - The operating cash flow net amount dropped significantly by 644.52% year-on-year [2] Group 2: R&D and Product Development - The company is focused on improving R&D efficiency by establishing a comprehensive project management system and optimizing the R&D structure [2] - The new drug Epinavim is expected to be officially launched in May 2024 and will enter the national medical insurance directory, becoming a new profit growth point [2] - The company is actively promoting Epinavim's market entry and has received export sales certification [3] Group 3: Financial Strategy and Shareholder Relations - The company distributed approximately 17 million yuan in mid-year dividends for 2024, despite a net loss of about 69 million yuan for the year [6] - The management is committed to maximizing shareholder interests and improving operational performance [6] - The company plans to enhance competitiveness through product differentiation and cost control strategies [4] Group 4: Industry Outlook - The biopharmaceutical industry is experiencing continuous growth, with no signs of overcapacity or technological decline [2] - The company aims to maintain its market share and improve sales through direct sales and partnerships with professional promoters [5]

4月25日，利群股份（601366）发布了2024年年度报告，在经营业绩之外，公司在ESG方面的表现也可 圈可点。利群股份凭借一系列积极有效的举措，在提升股东回报、履行社会责任以及完善公司治理等方 面均取得显著成果，彰显出强大的发展活力与责任担当。 在提升股东回报方面，2024年，利群股份投入真金白银大手笔回购，公司连续推出三期股份回购方案， 这一决策向市场释放出积极信号，展现出公司对未来发展的坚定信心。截至2024年底，前两期回购方案 圆满完成，累计回购股份达7135.70万股，回购金额总计3.8亿元。而第三期回购方案也在稳步推进，截 至2025年3月底已回购1.4亿元，累计回购股份达2771.69万股。值得一提的是，公司充分把握国家政策机 遇，成功获得青岛首单股票回购专项贷款，2.4亿元的贷款额度为股份回购计划提供了有力的资金支 持。 为进一步增进投资者对公司的了解与信任，利群股份还积极开展投资者关系管理工作。公司通过投关公 众号、公司官网、东方财富（300059）及同花顺（300033）企业平台、交易所互动平台等多种渠道，搭 建起与投资者的长效沟通机制。凭借出色的投关工作，公司荣获中上协"2024年度上 ...

市值管理正被越来越多的上市公司所重视。今年以来，不少上市公司发布了《市值管理制度》，上市公 司应该从哪些方面开展市值管理工作？ 在日前举行的证券时报第16届中国上市公司投资者关系管理专家研讨会上，中国上市公司协会国际合作 部副总监常迪力表示，上市公司开展市值管理工作是提升投资者信心、实现长期价值的重要途径。市值 管理应围绕"价值创造、价值传递、价值实现"三个核心展开。 建立良好的投资者关系是市值管理的重要手段之一。上市公司要结合实际做好制度保障，将投资者关系 管理工作制度化、常态化；要做好投资者分类管理，构建全方位、多元化的投资者关系管理体系；要加 强舆情监测分析，发现可能对投资者决策或者上市公司股票交易产生较大影响的舆情时，及时妥善回 应，主动发声，把"眼球信息"变为"价值信息"。同时，在定期报告如业绩发布等关键时点应关注市场反 馈，开展舆情引导。 开展市值管理要注意什么？首先，要增强市值管理的内驱力。其次，要正确理解股价波动与市值管理的 关系。再次，要理解市值管理的系统性、长期性和复杂性。 中上协投资者关系管理专业委员会曾在"2024年世界投资者保护周"活动上，围绕市值管理"是什么""怎 么做""注意什么 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 加强与投资者的有效沟通，制定了《投资者关系管理办法》，搭建了多维度、多层次的投资者沟通渠 道，强化企业价值传递。不断丰富多元沟通渠道。通过股东大会、业绩说明会、投资者走进上市公司等 活动，以及投资者热线、公开邮箱、上证E互动等方式，不断丰富与投资者特别是中小投资者多元化沟 通渠道。持续关注资本市场动态及投资者关切点，保持高频、高质、高效的良性沟通机制，增强投资者 对公司未来发展的信心。重视投资者意见建议，完善投资者意见反馈机制，收集和了解投资者意见诉 求，及时向管理层反馈，并做出针对性回应，促进公司管理水平不断提升。 五、完善公司治理，坚持规范运作 严格按照法律、法规要求，加强规范治理体制机制建设，提升公司治理水平和规范运作能力，防范化解 重大风险。积极深化独董制度改革。通过畅通独立董事与公司沟通渠道、组织开展实地调研、及时传递 最新监管信息等多种方式，不断强化独立董事履职保障，发挥独立董事监督、决策和咨询作用，持续提 高董事会的科学决策水平。持续完善内控体系建设，将内控体系建设作为提升公司经营管理水平、风险 防范能力的重大举措之一。秉持稳健持续发展的原则，通 ...

广晟有色金属股份有限公司 为提升广晟有色金属股份有限公司（以下简称"公司"）投 资者关系管理水平，促进公司与投资者之间的沟通与交流，增 进投资者对公司的了解和认同，维护公司资本市场良好形象， 根据《公司法》《上市公司信息披露管理办法（2021 年修订）》 《上海证券交易所上市公司自律监管指引第 1 号--规范运作》 等相关法律法规、监管规定以及公司《投资者关系管理制度》， 结合公司实际情况，特制定 2025 年度投资者关系管理工作计划 如下： 一、投资者关系管理工作的组织机构 公司董事会秘书为投资者关系管理具体实施负责人，全面 负责公司投资者关系管理工作；证券法律部为公司投资者关系 管理职能部门，具体承办公司投资者管理日常事务。董事会秘 书在全面了解公司运作、管理、经营状况和发展战略等情况下， 负责策划、安排和组织各类投资者关系活动，使投资者了解公 司的生产经营情况。 （六）良性互动原则。公司应主动听取投资者意见、建议， 实现公司与投资者之间的双向沟通，形成良性互动。 三、投资者关系管理的目标 通过充分的信息披露加强与投资者多维度沟通，促进投资 者对公司的了解和认同，推动公司与投资者之间营造诚信互信 的氛围， ...

Core Viewpoint - The event held in Shenzhen focused on enhancing professional development in corporate governance and information disclosure for Hong Kong-listed companies, highlighting the importance of regulatory compliance and market transparency in the capital markets [1][2]. Group 1: Event Overview - The 80th session of the professional development seminar attracted nearly 100 participants from corporate governance sectors [1]. - The event was co-hosted by the Securities Times and SIZHI Enterprise Consulting, with support from the Hong Kong Corporate Governance Association [1]. Group 2: Regulatory Environment - Hong Kong's capital market is recognized for its transparency and regulatory framework, with over 2,600 listed companies and a market capitalization consistently ranking among the top five globally [1]. - In 2024, more than 70 companies were listed on the Hong Kong stock exchange, with over 90% being mainland enterprises, indicating strong market attraction [1]. Group 3: Compliance and Governance - The seminar included discussions on the regulatory policies and compliance requirements for Hong Kong-listed companies, emphasizing the need for timely and accurate information disclosure [2]. - The importance of corporate governance was highlighted, with a focus on internal controls, board responsibilities, and conflict of interest management [2]. Group 4: Tax Compliance Challenges - The event addressed new tax compliance challenges faced by companies undergoing mergers and acquisitions, emphasizing the need for proactive tax structure design [3]. - Specific tax policies related to mergers, acquisitions, and restructuring were discussed, including the criteria for determining tax treatment [3]. Group 5: Financial Reporting and Instruments - The impact of different financing methods on financial statements was analyzed, with a focus on distinguishing between equity and debt instruments [4]. - Common financing tools such as convertible bonds and redeemable preferred shares were discussed, along with their implications for financial reporting [4]. Group 6: Investor Relations Management - The importance of effective investor relations management was emphasized, with a focus on value management rather than just stock price management [5]. - The role of mainland enterprises in the Hong Kong market was highlighted, contributing over 80% of revenue and net profit [5]. Group 7: Market Conduct and Legal Responsibilities - Legal responsibilities of directors in Hong Kong were discussed, including compliance with various laws and regulations [6]. - Practical advice was provided on preventing and responding to market misconduct, emphasizing the need for robust internal management structures [6]. Group 8: Corporate Strategies - The seminar covered strategies for privatization and control acquisitions, detailing the legal frameworks and operational challenges involved [7]. - The significance of mergers and acquisitions in enhancing corporate competitiveness and global positioning was underscored [9]. Group 9: Future Training and Development - The Hong Kong Corporate Governance Association plans to continue offering high-quality training and services for mainland enterprises looking to list abroad [10].

海光信息技术股份有限公司 市值管理制度 第一章 总则 第一条 为加强海光信息技术股份有限公司（以下简称"公司"）市值管理， 切实推动公司提升投资价值，增强投资者回报，维护投资者利益，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》《上 市公司监管指引第 10 号——市值管理》等法律法规、规范性文件和《海光信息 技术股份有限公司章程》等规定（以下简称"《公司章程》"），制定本制度。 （三） 科学性原则：公司的市值管理有其规律，应当依其规律进行科学管 理，科学研判影响公司投资价值的关键性因素，以提升公司质量为基础开展市值 管理工作。 （四） 常态性原则：公司的市值成长是一个持续的和动态的过程，公司将 及时关注资本市场及公司股价动态，常态化主动跟进开展市值管理工作。 （五） 诚实守信原则：公司在市值管理活动中应当注重诚信、坚守底线、 担当责任，营造健康良好的市场生态。 第二章 市值管理机构与人员 第四条 公司董事会是市值管理工作的领导机构，公司董事会授权董事会战 1 第二条 本制度所称市值管理，是指公司以提高公司质量为基础，为提升公 司投资价值和股东回报能力而实施的战略管理行为。 ...