证券代码：002520 证券简称：日发精机 浙江日发精密机械股份有限公司 | 2、公司已经连续三年扣非（不扣非）均为亏损，请问公司有没有 | | --- | | 降本增效提升业绩的计划和方法？公司在剥离不良资产，收购优 | | 质资产方面有没有计划？ | | 答：尊敬的投资者，您好！公司将积极改善公司的经营情况，以 | | 快速提升整体的盈利水平为目标，弥补前期亏损。具体措施：（1） | | 公司将逐步剥离不良资产，积极整合现有资源，不断加大对优势 | | 业务的投入力度，重点支持高端装备制造业务做大做强，持续提 | | 升产品市场竞争力和盈利能力；（2）持续加强内部控制，努力提 | | 升经营管理，严格控制各项业务运营成本，不断推动公司管理向 | | 科学化、规范化方向发展；（3）公司将持续深化合规体系建设， | | 巩固治理根基，致力于提升风险防控能力，保障公司稳健发展。 | | 感谢关注！ | | 3、请问公司在航空装备和航空零部件领域的业务布局是怎么样 | | 的？ | | 答：尊敬的投资者，您好！公司今年将根据未来发展规划及经营 | | 情况积极调整公司产品布局，选择优势产品，着重开拓市场，提 | ...

鸿日达科技股份有限公司 投资者关系活动记录表 编号：2025-002 投资者关系活动 类别 □特定对象调研 □分析师会议 □媒体采访 业绩说明会 □新闻发布会 □路演活动 □现场参观 □电话会议 □其他： （请文字说明其他活动内容） 参与单位及人员 鸿日达2024年度业绩说明会采用网络远程方式进行，面向全体投资者。 时间 2025 年 5 月 13 日 15:00-16:30 地点 深圳证券交易所"互动易平台"（http://irm.cninfo.com.cn）"云访谈"栏目 公司接待人员 姓名 主持人：鸿日达 董事长、总经理：王玉田先生 副总经理、董事会秘书：蔡飞鸣先生 财务总监：陈璎女士 独立董事：张建伟先生 独立董事：沈建中先生 保荐代表人：蔡晓涛先生 投资者关系活动 主要内容介绍 问题 1：公司 2024 年降本增效成果如何？下一步有何具体措施？ 答：2024 年公司主要通过提升产品良率、优化工艺路线、提高生产 效率等方法降低成本。针对原材料价格上升引起的成本增加，公司在未 来会通过套期保值业务稳定材料价格，降低材料成本，并持续通过推动 精益生产模式优化产品成本。 问题 2：2024 年公司拟向全体股 ...

Core Viewpoint - The company is focusing on enhancing economic efficiency through talent development, quality improvement, and cost reduction strategies in its steel rolling process [1] Group 1: Talent Development - The company emphasizes a "talent-driven enterprise" strategy, implementing targeted training for various levels of staff to address knowledge gaps and skill deficiencies [4] - A comprehensive training system is established, including weekly lessons, monthly skill competitions, quarterly problem-solving sessions, and annual goals to support talent growth [4] - Collaboration with universities and benchmarking against advanced steel companies are part of the training approach, creating a three-dimensional cultivation chain [4] Group 2: Quality Improvement - The company adopts a "process-led, quality-first" philosophy, establishing a three-dimensional quality enhancement system focused on competence, essence, and management [6] - Quality management responsibilities are reinforced through a "one leader" accountability system, ensuring adherence to standards across all production processes [6] - A dynamic correction mechanism is implemented to improve production control and ensure compliance with mechanical properties and surface quality standards [6] Group 3: Efficiency Enhancement - The company aims to improve production efficiency and cost-effectiveness through a structured approach that includes large project leadership and small project support [8] - Both technical and managerial cost reduction strategies are pursued, focusing on key areas such as production organization and equipment support [8] - A culture of participation and cost-saving initiatives is encouraged among all employees, fostering an environment of continuous improvement [8]

中国AI竞赛进入深水区，唯有将技术扎根于产业痛点的公司，才能穿越周期，成为最终的"生 存者"。或许当资本泡沫退去，中国大模型的故事才刚刚开始。 仅仅一年前，阿里、百度、科大讯飞、腾讯等大模型纷纷宣布降价，甚至免费。部分权威媒体形容，这是 中国大模型"吹响了竞争下半场的哨子"。还有一个令人热议的话题是，大模型到底要卷什么？ 半年后，深度求索公司先后发布DeepSeek V3和DeepSeek R1大模型，并快速"出圈"，提升了中国在全球人 工智能领域的影响力，并在全球范围掀起又一轮大模型发展浪潮。于是，一场声势更为浩大的探讨在广大 网民中展开，烧钱的大模型如何才能赚钱？ 或许全球关心人工智能的人们都在盯着，谁能拿到更多的订单，这也意味着未来活下来并走在大模型队伍 前列，其股价更具投资价值。 有意思的是，这几日，网络上突然多起来有关大模型"六小虎"变成"基模五强"的帖子。本来还很兴奋，因 为谁都知道，大模型市场只有经过一轮轮洗牌后，剩下来的企业才是更有竞争力。但看完之后，总觉得缺 点什么。 当然，这里并非要讨论这份"基模五强"的榜单是否具有说服力，更非讨论哪家大模型更有代表性。毕竟， 市场是检验一切的真理。需要提 ...

Core Viewpoint - The company reported stable performance in its main business, with revenue and net profit growth in 2024 and a slight increase in Q1 2025, indicating operational resilience [1][2]. Financial Performance - In 2024, the company achieved revenue of 1.357 billion, a year-on-year increase of 1.03%, and a net profit attributable to shareholders of 289 million, up 9.58% year-on-year [1]. - For Q1 2025, the company reported revenue of 350 million, a year-on-year increase of 1.89%, and a net profit attributable to shareholders of 69 million, up 0.23% year-on-year [1]. Industry Context - The domestic automotive industry saw production and sales growth of 3.7% and 4.5% respectively in 2024, with the new energy vehicle sector experiencing significant growth of 34.4% in production and 35.5% in sales [2]. - The company's main products, including turbocharger components and new energy vehicle parts, saw sales growth, with turbocharger components generating revenue of 1.058 billion, up 4.3%, and new energy vehicle components achieving sales of 9.1077 million units, up 38.7% [2]. Profitability Improvement - The company achieved a gross margin of 34.7% in 2024, an increase of 0.24 percentage points year-on-year, while maintaining stable gross margins in the automotive parts business [3]. - The company implemented cost control measures, resulting in a decrease in the expense ratio by 1.92 percentage points year-on-year, with reductions in sales, management, R&D, and financial expense ratios [3]. Business Expansion - The company is advancing its third-tier business, with successful validation and application of machine tool screws and guides, and has begun rolling deliveries of small batch orders [4]. - The company is accelerating investment in its overseas operations, particularly in Thailand, to mitigate international trade friction and support global expansion of its first and second-tier industries [4]. - The company expects continued revenue growth from its screw-related products in various sectors, including machine tools, automotive, and robotics [4].

Core Insights - The company reported a revenue increase in 2024 but faced significant challenges in overseas operations, resulting in a net loss [1][2] Financial Performance - In 2024, the company achieved an operating revenue of 3.036 billion yuan, a year-on-year increase of 4.14% [1] - The net profit attributable to shareholders was -310 million yuan, a decline of 392.99% year-on-year [1] - The basic earnings per share were -0.85 yuan, compared to 0.29 yuan in the same period last year [1] - The gross profit margin for 2024 was 67.36%, a decrease of 0.42 percentage points year-on-year [3] - The net profit margin was -8.42%, down 13.98 percentage points year-on-year [3] Brand Performance - The main brand, ELLASSAY, saw comprehensive development in both online and offline channels, with online sales growing by 55% year-on-year [2] - The German brand Laurèl increased its store count to 94 and achieved a revenue growth of 19% [2] - The UK brand self-portrait experienced a 21% increase in sales revenue, surpassing 500 million yuan [2] - The French brand IRO had a good performance in China, with revenue growth of 17% [2] Strategic Adjustments - The company transferred 50% of its stake in the subsidiary Dongming International, which holds the Ed Hardy brand, in December 2024, meaning Ed Hardy will not be included in the consolidated financial statements from 2025 [1] - The company is implementing cost reduction and efficiency improvement measures for its underperforming overseas operations [2] Market Trends - In Q1 2025, the company reported an operating revenue of 690 million yuan, a decline of 7.82% year-on-year, primarily due to the exclusion of Ed Hardy from the consolidated financials [4] - On a comparable basis, domestic market revenue grew by 8.1% year-on-year [4] Investment Outlook - The company has established a diverse brand matrix covering various market segments, including high-end fashion brands [5] - The projected earnings per share (EPS) for 2025-2027 are 0.51 yuan, 0.68 yuan, and 0.83 yuan, with corresponding price-to-earnings (PE) ratios of 14.0X, 10.5X, and 8.7X [5]

美媒：马斯克旗下公司参与美铁路项目 助力实现降本增效 金十数据5月13日讯，据纽约时报报道，据三位知情人士透露，美国铁路管理机构联邦铁路管理局已引 入由马斯克创立的隧道挖掘公司——Boring Company，以协助一个数十亿美元的美国铁路公司项目。该 项目是在巴尔的摩、华盛顿和弗吉尼亚之间的繁忙路段修建的一条新隧道。美国铁路公司最初预计该项 目耗资60亿美元，但现在估计可能高达85亿美元。据两位知情人士称，作为会谈的一部分，负责监管联 邦铁路管理局的美国交通部官员上个月与Boring Company的员工会面，并被告知该公司能够找到更经 济、更高效地建造隧道的方法。 ...

Core Viewpoint - NIO is restructuring its organizational framework for the brands Ladao and Firefly, integrating them into the NIO system to enhance resource consolidation and management efficiency while maintaining brand independence [1][2] Group 1: Company Actions - NIO has established a new primary department for Ladao product design and development, incorporating various functions from the previous Ladao division [2] - The user service and experience cluster at NIO has also created a new primary department for Ladao user services, consolidating several operational and marketing functions [2] - The Firefly division will also be integrated into the product design and development cluster, indicating a shift towards streamlined operations while preserving brand identity [2] Group 2: Industry Trends - The automotive industry is witnessing a trend of brand integration as companies face increasing competition in the electric vehicle market, leading to a focus on cost reduction and efficiency [1][3] - Companies like Geely and Great Wall Motors are also engaging in brand consolidations, with Geely merging its Geometry brand into the Galaxy brand and Great Wall moving services to a unified app [3][4] - The pressure for profitability is driving automakers to reconsider their brand strategies, as managing multiple brands increases costs without proportional sales contributions [4][5] Group 3: Market Dynamics - The competitive landscape in the electric vehicle market is intensifying, prompting companies to adopt strategies that emphasize financial health and single-vehicle profitability [1][4] - The product development cycle in the automotive industry has been significantly reduced from 36 months to 18 months, necessitating faster and more efficient responses to market demands [5]

Q&A 中矿资源 20250512 摘要 • 碳酸锂完全成本约 6.8 万元/吨，生产成本约 5 万元/吨，通过预选矿、冶 炼技改和降低硫酸锂运费等措施，预计每吨成本可降低约 1 万元。大部分 降本措施已基本到位，旨在提升盈利能力。 • 锂矿勘探业务一季度营收 3.5 亿元，毛利 2.3 亿元，同比增长超 90%。津 巴布韦新建选矿厂增加产能，预计全年稳中有增。关注锂辉石与透锂长石 的库存消耗及配比情况。 • 铜矿项目计划 2026 年 7 月投料，力争 12 月达产，实现 6 万吨采选冶应 急铜产能。同时，公司计划在 3-5 年内将铜矿产能扩至 10 万吨以上，积 极进行增储和项目跟踪。 • 小金属锗镓业务预计今年四季度实现合格产品产销，海外市场溢价约为国 内 1.5 倍，公司计划逐年增加产量。关注出口管制对全球供应和价格的影 响。 • 全年产量预计可达 900 吨左右。毛利方面，今年预计将稳中有增，去年毛 利为 11 亿元，今年可能会在此基础上略有增加。由于去年披露了 80%的 毛利率，下游对当前价格接受度有所保留，因此今年基本没有涨价，以缓 和市场情绪，但明年可能会继续适度涨价。 中矿资源目前的主要业务 ...

Core Viewpoint - Hollywood giants are experiencing significant differences in financial performance, with a collective trend of cost reduction amid challenges in revenue growth and profitability [1][2][3]. Financial Performance - Disney reported a revenue increase of 6.96% to $23.621 billion and a net profit surge of 1474.54% to $3.401 billion for Q2 FY2025, largely due to a 95% reduction in restructuring costs [2]. - Paramount Global's revenue decreased by 6.42% to $7.192 billion, but net profit increased by 129.6% to $161 million, attributed to a significant reduction in overall costs from $8.102 billion to $6.677 billion [2]. - Warner Bros. Discovery saw a revenue decline of 9.83% to $8.979 billion, with net losses narrowing by 52.98% to $449 million, driven by a reduction in costs from $10.225 billion to $9.016 billion [3]. Cost Management - The financial improvements for these companies are primarily due to internal cost management strategies, with significant reductions in operational expenses [3]. - Disney's entertainment segment saw a 9% revenue increase, while its sports and experience segments also reported modest growth, despite rising costs [4]. - The trend of filming and production moving overseas is partly due to lower labor costs and tax incentives, which are becoming increasingly attractive for Hollywood studios [6][7]. Globalization Strategy - Disney's announcement of a new theme park in Abu Dhabi reflects Hollywood's ongoing globalization efforts to expand market reach and reduce costs [5]. - The industry is witnessing a rise in non-American productions, with many projects being filmed outside the U.S. to capitalize on lower costs and favorable policies [6][7]. Market Challenges - The North American box office revenue for Q1 2023 was only $1.44 billion, down over 30% compared to pre-pandemic levels, indicating significant growth challenges for Hollywood companies [7].