证券代码：300027 证券简称：华谊兄弟 华谊兄弟传媒股份有限公司 投资者关系活动记录表 编号：2025-001 | | ☐特定对象调研 ☐分析师会议 | | --- | --- | | | ☐媒体采访 业绩说明会 | | 投资者关系活动类别 | ☐新闻发布会 ☐路演活动 | | | ☐现场参观 | | | ☐其他（请文字说明其他活动内容） | | 参与单位名称及人员 | 线上参与公司2024年年度报告网上说明会的投资者 | | 姓名 | | | 时间 | 2025年5月13日 15:30-17:30 | | 地点 | 价值在线（https://www.ir-online.cn/）网络互动 | | 上市公司接待人员姓名 | 副董事长、总经理王忠磊先生 | | | 财务负责人王添嫄女士 | | | 董事、副总经理、董事会秘书高辉先生 | | | 独立董事高海江先生 1.作为一个老股民，老股东我没有记错的话，公司从 | | | 2018年开始到现在，已经亏损有七八年了，我想问一下现 | | | 在的王总当下计划怎么突围，怎么持续改善盈利水平？ | | 投资者关系活动主要 | 行业一直都有机会！！！年年都有爆款 ...

以下文章来源于源Sight ，作者源Sight 源Sight . 源Sight，关注互联网前沿生态和新兴商业。 作 者 | 王言 来源 | 源Sight "卖最便宜的机票，当最赚钱的航司"，这是在当前仍处在恢复期的航空业，春秋航空呈现出的反差 写照。 2024 年，春秋航空盈利表现突出，22.73亿元的净利润，在一众A股上市航司中排在首位。 不过，与漂亮财报数据形成对比的是，网友们在社交媒体中对它疯狂吐槽——机龄太大、机舱有异 味、座椅太挤、3个小时的飞行时间要被推销2个半小时的货、托运费贵过机票…… 但从载运旅客人次、客座率数据等数据来看，针对春秋航空的骂声越大，后者的生意却越好。 每当春秋航空推出"8元从上海飞大阪""59元和99元特价票"活动的时候，在这个"价格至上"的时代， 大多数囊中羞涩的"打工人"，都抵不住低价机票带来的诱惑。 盈利 是其他6家航司总和 与人们想象中的廉航一直过着"穷日子"不同，春秋航空其实有着国内航司当中最强的淘金能力。 财报显示，2024年，春秋航空实现营收200亿元，同比增长11.5%；净利润22.73亿元，同比增长 0.69%，利润率为11.36%。 导 语：创始人还曾设想 ...

Core Viewpoint - Micro导纳米 is transitioning from a focus on photovoltaic equipment to a significant emphasis on semiconductor equipment, which is expected to drive future growth despite current challenges in the photovoltaic sector [2][4][5]. Financial Performance - In 2024, Micro导纳米 is projected to achieve revenue of 2.7 billion yuan, a year-on-year increase of 60.74%, with a gross profit of 1.08 billion yuan, up 51.73%. However, net profit is expected to decline by 16.16% to 227 million yuan [2]. - The first quarter of 2024 shows significant improvement, with revenue of 510 million yuan, a year-on-year increase of 198.95%, and net profit of 84.1 million yuan, up 2253.57% [2]. Business Transition - Micro导纳米 has established itself as a global manufacturer of high-end micro-nano equipment for semiconductors and related fields, focusing on atomic layer deposition (ALD) technology [3][4]. - The company initially focused on photovoltaic equipment due to the lack of large-scale production conditions in the semiconductor industry at its inception in 2015 [4]. Semiconductor Business Growth - The semiconductor business is expected to generate revenue of 327 million yuan in 2024, a year-on-year increase of 168%, accounting for 12.14% of total revenue [4]. - As of December 31, 2024, the total order backlog for the semiconductor business is 6.772 billion yuan, with a year-on-year increase of 65.91% [5]. Strategic Investments - The company plans to raise up to 1.17 billion yuan through convertible bonds to invest in the construction of an intelligent factory for semiconductor thin film deposition equipment and expand its R&D capabilities [6]. - R&D investments have been substantial, with 138 million yuan in 2022, 308 million yuan in 2023, and 419 million yuan in 2024, totaling nearly 866 million yuan over three years, with over 60% allocated to the semiconductor sector [5]. Market Dynamics - The photovoltaic sector is experiencing a structural adjustment due to overcapacity, impacting profitability, with significant asset impairment losses expected in 2024 [7]. - Despite challenges in the photovoltaic market, the demand for new products and technologies is expected to drive growth in production equipment, benefiting companies with strong R&D and manufacturing capabilities [7][8]. Stock Performance - After hitting a low of 19.54 yuan per share in the third quarter of last year, Micro导纳米's stock has rebounded, trading at 30.63 yuan per share as of May 13, reflecting a year-to-date increase of over 13% [8].

Group 1: Financial Performance - The company achieved steady revenue growth and rapid profit increase in 2024, driven by government policies and expansion in various business sectors, including consumer electronics and drones [2][3] - The projected total cash dividend for 2024 is approximately ¥21,281,632.19, with a distribution of ¥1.30 per 10 shares based on a total share capital of 163,704,863 shares [7] Group 2: Cost Control Measures - The company has implemented cost control measures through increased automation and comprehensive budget management, leading to improved economic operation quality [4] Group 3: Financing Plans - The company initiated a refinancing plan in 2024, aiming to raise up to ¥450 million through the issuance of convertible bonds, focusing on R&D and production of automotive and industrial connectors [5] Group 4: Overseas Operations - A production base has been established in Thailand to enhance support for overseas customers, with the first factory completed in January 2025 and the second factory expected to be operational soon [6]

Group 1: Financial Performance and Strategies - The company has reported losses for three consecutive years, both on a non-deducted and deducted basis, and is actively working on cost reduction and efficiency improvement plans [3] - Specific measures include gradually divesting non-performing assets, integrating existing resources, and increasing investment in high-end equipment manufacturing to enhance market competitiveness and profitability [3][4] - The company aims to improve overall profitability to offset previous losses and is focusing on high-end intelligent manufacturing as its core business [4] Group 2: Business Development and Market Position - The company is adjusting its product layout based on future development plans and market conditions, focusing on advantageous products to enhance performance [4] - In the field of robotics, the company has completed the development of CNC thread grinding machines in 2023, which are used for processing components in the new energy vehicle and robotics industries [6] - The company has signed contracts or established strategic cooperation with several clients, including Best and Wuzhou Xinchun, and is in discussions with potential clients for further collaboration [6] Group 3: Investor Concerns and Responses - The company is addressing investor concerns regarding the investigation of its major shareholder, assuring that it will comply with legal disclosure requirements and that the investigation will not significantly impact operations [5] - Regarding the five aircraft detained in Russia, the company is negotiating with the original customer and the insurance company for compensation, but no agreement has been reached yet [5][6] - The company emphasizes the importance of monitoring the technological development of downstream customers and plans to focus on product development in relevant fields as a key direction for future growth [6]

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 - NIO is undergoing a significant restructuring of its three brands, integrating them into a unified operational model to reduce financial costs and enhance profitability ahead of the fourth quarter of 2023 [1][3][4]. Group 1: Brand Integration - NIO's sub-brands, Ledo and Firefly, are being integrated into the NIO system, with various departments merging into the Product Design and Development cluster and the User Experience cluster [1][3]. - The integration reflects a shift away from independent operations towards a more cohesive strategy, aiming to streamline operations and improve cost control [3][4]. Group 2: Financial Goals and Strategies - NIO's founder and CEO, Li Bin, has accelerated the company's profitability timeline from 2026 to the fourth quarter of 2025, citing a focus on cost reduction and operational efficiency [6]. - The company has set a sales target of 440,000 vehicles by 2025, with Ledo expected to contribute 20,000 units per month [6]. - NIO is implementing a new internal mechanism to enhance cost management, requiring departments to clarify ROI metrics and linking executive compensation to performance [6][10]. Group 3: Market Performance and Challenges - NIO's flagship model, the ET9, is not a high-volume vehicle, and the Ledo L60 has struggled with sales, while the recently launched L90 is still ramping up [6][7]. - The Firefly brand has gained traction with consumers, achieving a favorable order situation since its launch [7]. - Ledo has faced marketing controversies and leadership changes, impacting its sales performance and brand perception [8][10]. Group 4: Industry Context - The restructuring at NIO is part of a broader trend in the automotive industry, where companies like Geely and XPeng have also undergone significant organizational changes to enhance efficiency and competitiveness [10].

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].