Group 1: Company Overview and Activities - Shenzhen China Bicycle (Group) Co., Ltd. participated in the 2025 Shenzhen Listed Companies Investor Online Reception Day [1] - The event took place on November 20, 2025, from 14:30 to 17:00, via the Panoramic Network's investor interaction platform [2] - The company representatives included Chairman Wang Shenghong, President Li Hai, and other key executives [2] Group 2: Business Strategy and Future Plans - The company aims to strengthen governance and improve internal management mechanisms, focusing on team development and operational efficiency [3] - In the gold and jewelry sector, the company plans to enhance supplier systems, expand customer resources, and improve product quality management [3] - The electric bicycle and new energy sectors will focus on brand maintenance, sales network construction, and exploring breakthroughs in lithium battery and new materials [3] Group 3: Financial Performance and Core Business - The gold and jewelry business constitutes over 99% of the company's revenue, highlighting its significance as the core operational area [3] - The company does not have its own lithium battery production facility, indicating a focus on other core competencies [3] Group 4: Market Outlook and Economic Context - The macroeconomic outlook is positive, with growth potential in exports benefiting various industries [4] - The company is committed to maintaining asset security and supporting stakeholder interests amid ongoing legal matters [3]

Core Viewpoint - The company emphasizes the importance of market value management and has integrated market value management indicators into its assessment system [2] Group 1: Company Initiatives - Since 2025, the company has focused on protecting shareholder interests and enhancing investor confidence through various initiatives [2] - The company has released several announcements, including the "Valuation Enhancement Plan," a commitment from the controlling shareholder not to reduce their stake, and a share repurchase plan [2] - The management team is committed to improving operational quality and will continue to enhance company value through various measures such as standardized operations, improved information disclosure, and increased communication with investors [2]

深圳市兆威机电股份有限公司 投资者关系活动记录表 证券代码：003021 证券简称：兆威机电 编号：2025-006 A：尊敬的投资者，您好！当前公司基本面向好，生产经营正常， 各项工作有序开展。二级市场的股票价格受到宏观经济环境、公 司所属行业、市场情绪、投资者预期等多方面因素的影响，公司 密切关注二级市场股价走势，也请广大投资者注意投资风险。感 谢您的关注! Q7：为什么两个月了股价一直创新低，公司是否有市值管理计 划？ A：尊敬的投资者，您好！公司始终专注于提升经营质量和核心 竞争力，推动业绩稳定增长，为投资者创造长期价值。公司重视 市值管理，坚持做好信息披露质量、投资者关系管理。感谢您的 关注！ Q8：目前对于灵巧手的订单如何，市占率如何。 A：尊敬的投资者，您好！公司密切关注行业市场动态和技术发 展趋势，紧跟客户需求，把握市场机遇。感谢您的关注！ Q9：你好董秘，兆威机电预计多久能在港交所上市，有没有明 确的时间节点。 A：尊敬的投资者，您好！公司 H 股上市正常推进过程中，后续 如有进展需要披露，公司将及时在交易所指定网站披露相关内 | | 特定对象调研 □分析师会议 | | --- | --- ...

Group 1: Company Value Management - The company adheres to an intrinsic value-based market value management philosophy, focusing on governance structure improvement and operational performance enhancement to benefit shareholders [2] - There are currently no plans for share repurchase, but any future plans will be disclosed in accordance with regulations [3] Group 2: Business Innovations and Market Position - The "9610" innovative transportation model combines global customs facilitation (TIR) with cross-border e-commerce customs declaration (9610), addressing traditional logistics pain points of slow efficiency, high costs, and complex declarations [3] - This model leverages the growth of the Central Asia and Europe cross-border e-commerce market and the Belt and Road Initiative, providing cost-effective logistics solutions for small and medium-sized e-commerce businesses [3] Group 3: Market Trends and Future Plans - The company is closely monitoring low-altitude logistics policies and market potential, with plans to disclose any related business developments as required [3]

Financial Performance - The company achieved a net profit of 165 million CNY for the first three quarters of 2025, with a third-quarter net profit of 53.8 million CNY, representing a year-on-year increase of 602% [2] - The non-recurring net profit for the third quarter was 45.41 million CNY, up 291% year-on-year [2] - The operating cash flow net amount reached 440 million CNY, reflecting a 164% year-on-year growth [2] Business Operations - The company has a production capacity of 300,000 tons of sulfuric acid and 200,000 tons of monoammonium phosphate, with normal operational conditions [2] - The company is actively engaged in strategic cooperation with local mining enterprises, leveraging the abundant sulfur iron ore resources in the region [3] Shareholder Engagement - The company has implemented measures such as share buybacks and stable dividends to enhance shareholder returns and confidence in future growth [3] - A profit distribution plan for the first three quarters of 2025 has been disclosed, emphasizing the commitment to investor interests [3] Agricultural Services - The company operates as a leading entity in the agricultural input distribution sector, with over 70 distribution centers and more than 4,000 franchise stores across 32 provinces [4][5] - It focuses on a comprehensive agricultural service model, providing high-quality services across various agricultural processes, including supply, training, and financial services [5] Competitive Advantages - The company has established unique competitive advantages, including its supply chain background, comprehensive service capabilities, and a strong research and talent team [6] - Despite a higher asset-liability ratio compared to industry peers, the company plans to manage financial risks through refined internal management and exploring new growth opportunities [6]

Group 1: Company Overview and Market Position - Shenzhen Changcheng Development Technology Co., Ltd. is a leading enterprise in high-end storage chip packaging and testing, with a strong R&D and engineering team [2][4]. - The company is currently operating at full capacity in its Shenzhen and Hefei packaging and testing facilities, with plans for expansion based on customer demand [3][4]. Group 2: Financial and Operational Metrics - As of November 10, 2025, the number of shareholders is 230,106 [2]. - The company's inventory as of September 30, 2025, is 2.442 billion yuan, a decrease of 7.15% compared to the end of the previous year [3]. Group 3: Strategic Plans and Market Trends - The company is closely monitoring macroeconomic trends and policy developments to create long-term value for shareholders [2]. - There are no current plans for mergers or acquisitions, but the company will disclose any relevant information as required [3][4]. Group 4: Customer and Market Dynamics - The company maintains confidentiality regarding customer information and order details, but it is noted that existing orders are filled through 2026 [3][4]. - The company emphasizes its competitive edge over peers like Tongfu Microelectronics and Changjiang Storage, highlighting its advanced technology and partnerships with major storage enterprises [4].

Group 1: Company Operations and Strategy - The company sold shares of Huakong Saige due to operational needs, with no evidence of profit transfer [2] - Main business includes electronic market circulation, inspection and certification, property management, urban services, and new energy [2] - The company is focusing on the development of inspection and testing equipment and new energy applications as part of its strategic growth [2][3] Group 2: Corporate Governance and Management - The company has incorporated market value management into executive performance evaluation [3] - Adjustments to the company's articles of association were made in accordance with relevant laws [3] - The company is actively researching policies related to state-owned enterprise reform and is committed to business transformation [3] Group 3: Investor Relations and Market Performance - The company acknowledges that stock price trends are influenced by multiple factors and expresses confidence in creating greater value for shareholders [3] - There is an ongoing concern regarding the company's stock performance, with management emphasizing their commitment to market value management [3] - The company is exploring opportunities in high-tech industries to facilitate business transformation [3]

Group 1: Company Strategy and Market Expansion - The company is focused on enhancing operational performance and market recognition to create greater returns for investors [2] - Establishment of a subsidiary in Vietnam aims to expand into overseas markets for electronic appliances and new energy packaging materials [3] - The company is actively exploring opportunities in the Hainan Free Trade Port, which will officially launch on December 18, 2025 [3] Group 2: Financial Performance and Risk Management - The company emphasizes a responsible approach to shareholder returns through cash dividends and robust internal control management [2] - Financial health is reported as stable, with ongoing normal operations [5] - Investors are advised to remain cautious regarding investment risks [2][5] Group 3: Product Development and Industry Applications - The company’s products are applicable in various sectors, including packaging, military electronics, and new energy [5] - The Ningbo subsidiary's film capacitor expansion project is currently 55.41% complete, with updates to be provided in future disclosures [4] - The company is exploring the potential of controlled nuclear fusion applications, although specific order details remain undisclosed [4][5] Group 4: Future Growth and Acquisition Plans - The company is continuously monitoring industry policies to identify quality acquisition targets that align with strategic development [5][6] - There is an ongoing assessment of the nuclear fusion sector's contribution to revenue, with no specific figures disclosed [5] - The company aims to maintain a diversified development strategy while focusing on high-quality, sustainable growth [4]

Group 1: Company Overview and Operations - The company has established subsidiaries in key regions across China and overseas, including Europe, the United States, and Thailand, to enhance service and responsiveness to customer needs [2] - The company is actively promoting capacity coordination and has a comprehensive regional coverage for production capacity [2] Group 2: Future Orders and Production Capacity - The company anticipates that steady growth in downstream demand will drive both capacity release and order fulfillment, contributing to performance growth [2] - There is a focus on the progress of sample submissions in the robotics business, which is advancing as planned [3] Group 3: Impact of Raw Material Prices - The company acknowledges the long-term volatility in raw material prices, particularly aluminum, and plans to negotiate reasonable price adjustments with customers [3] - Strategies to mitigate the impact of raw material price fluctuations include capacity expansion, technological innovation, and improvements in production processes [3] Group 4: Investor Relations and Market Management - The company emphasizes the importance of investor relations and has been enhancing its governance framework to protect shareholder rights since its listing [3] - Future plans include developing a more scientific profit distribution scheme and expanding communication channels to boost investor confidence [3]

截至发稿，森赫股份市值为31亿元。 每经AI快讯，森赫股份（SZ 301056，收盘价：11.7元）11月20日晚间发布公告称，公司第五届第七次 董事会会议于2025年11月19日在公司会议室以现场方式召开。会议审议了《关于制定<市值管理制度> 的议案》等文件。 每经头条（nbdtoutiao）——展望"十五五" | 专访黄群慧：既要重视AI赋能千行百业，也要考量其对就业 的替代效应和带来的收入极化 2024年1至12月份，森赫股份的营业收入构成为：电梯行业占比99.17%，其他业务占比0.83%。 （记者 曾健辉） ...