| | 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 | | 参与单位名称及人员姓名 | 国金证券、远东宏信、东北证券、中能汇证合计4家机构4人。 | | 时间 | 2025年11月19日 15:30~17:00 | | 地点 | 公司会议室 | | 上市公司接待人员姓名 | 财务总监兼董事会秘书 贺亮 | | | 1、公司今年业绩受到关税等因素影响，目前恢复情况如 何？ | | 投资者关系活动主要内容 | 答：您好，2025年前三季度，公司实现营收58,230.66万元， | | 介绍 | 同比下降16.06%。单三季度实现营收22,233.58万元，环比第二季 | | | 度增长9.44%；归属于上市公司股东的净利润3,060.57万元，环比 | | | 增长44.14%；公司三季度报告显示业绩下滑幅度收窄，经营情况 | | | 逐渐回暖。在生产交付端，越南、印尼代加工厂的产能已释放， | | | 北美客户的业务正稳步恢复，谢谢！ | | | ...

Core Viewpoint - The implementation plan aims to establish a data intellectual property registration and protection system in Jiangsu Province by June 2026, focusing on enhancing registration, service ecosystem, and utilization efficiency [1][2] Group 1: Registration System Improvement - The plan includes deepening the cautious review of data intellectual property registration and revising the relevant guidelines to encourage more enterprises to register [1] - New policies will be introduced to promote registration and utilization, along with case studies and guidance to help enterprises understand the registration process [1] Group 2: Service Ecosystem Development - The initiative aims to cultivate specialized service institutions for data intellectual property and establish standards for registration review, rights protection, and licensing transactions [1] - The plan includes the creation of model contracts for data intellectual property licensing and the development of a multi-faceted protection system involving judicial, arbitration, and mediation [1] Group 3: Utilization Efficiency Enhancement - The plan encourages exploration of various utilization scenarios such as licensing transactions, credit financing, and data asset incorporation into financial statements [2] - It aims to create an integrated industrial chain around data intellectual property, supporting the digital transformation of traditional industries and the growth of data-driven emerging industries [2] - The initiative seeks to enhance data rights protection, stimulate high-quality data supply, and promote efficient data circulation and application, contributing to the modernization of the industrial system in Jiangsu [2]

Group 1 - Guangdong has accelerated the digital transformation of over 44,000 industrial enterprises, highlighting the importance of traditional industries in stabilizing growth, employment, and foreign trade [1] - The province's manufacturing sector includes 31 major industry categories and over 400 main industrial products, with more than 160 products ranking first in national output, primarily from traditional industries [1] - Recent policies have been implemented to promote the high-end, intelligent, and green development of traditional industries such as food and beverage, textiles, home appliances, automotive, and petrochemicals, leading to enhanced industrial competitiveness [1] Group 2 - The development momentum in Guangdong's traditional industries is strong, with asset and revenue growth rates in most sectors exceeding the national average, indicating robust industrial resilience and upgrading [2] - A shift from "scale expansion" to "quality improvement" is observed in traditional industries, with continuous optimization of the industrial structure [2] - Recommendations include building industry-level industrial internet platforms and digital transformation promotion centers to assist small and medium-sized enterprises in their digital transition [2] - The CFO of Midea Group highlighted the inconsistency in digitalization levels among upstream and downstream enterprises, which hampers data integration and sharing, affecting the collaborative transformation of the industry chain [2] - It is suggested to leverage leading enterprises to drive collaborative transformation across the industry chain by creating a unified digital platform for information sharing and process optimization [2]

Core Viewpoint - The transformation of traditional industries through technology is essential for their survival and growth in the digital age, as exemplified by Luzhou Laojiao's efforts to globalize Chinese liquor culture [1][7]. Group 1: Company Overview - Luzhou Laojiao, a leading Chinese liquor brand, has a history dating back to the Ming and Qing dynasties, with its international journey beginning in 1915 when it won a gold medal at the Panama International Exposition [3][4]. - The brand's flagship product, Guojiao 1573, is recognized as a "living national treasure brew," with its brewing techniques dating back to 1324 and the "1573 National Treasure Cellar Group" established in 1573, which has been continuously producing liquor for 452 years [4][10]. Group 2: Innovation and Technology - The company emphasizes a dual approach of combining traditional roots with modern innovation, encapsulated in the philosophy of "rooted in tradition, winged by innovation" [7]. - Luzhou Laojiao is integrating digital technology into its production processes, showcasing advancements from production sensors to AR experiences at international exhibitions, thereby enhancing its global narrative capabilities [10]. Group 3: Cultural Impact - The participation of Luzhou Laojiao in the 2025 Summer Davos Forum highlights its role in promoting Chinese liquor culture on a global stage, aiming to create a "new-old symbiosis" in urban innovation [7][10]. - The cultural night at the forum served as a platform for Luzhou Laojiao to present its rich heritage and modern advancements, attracting global leaders and showcasing a unique Chinese flavor [10].

Core Viewpoint - The collaboration between the State Grid Rongcheng Power Supply Company and Yuxiang Industrial Company is crucial for supporting the digital transformation and automation of traditional industries through tailored power supply solutions [1][2]. Group 1: Power Supply and Support - The State Grid Rongcheng Power Supply Company provided a customized dual-circuit power supply plan to Yuxiang Industrial Company, ensuring stable voltage at 380V±2%, which meets the precision manufacturing requirements [1]. - A dedicated "Intelligent Manufacturing Power Supply Special Team" was established by the power supply company to deploy intelligent monitoring terminals, enabling minute-level electricity data collection and anomaly warnings [1]. - During the May Day holiday, four professional staff members were stationed at Yuxiang Industrial Company daily to monitor key production equipment's electricity parameters [2]. Group 2: Company Transformation and Production - Yuxiang Industrial Company is actively pushing for the digital and intelligent transformation of gas meter production, with 95% of its components now independently developed and manufactured [1]. - The stable power supply has allowed Yuxiang Industrial Company to confidently enhance production capacity and product quality, contributing to the digital transformation of traditional industries [2]. - The new intelligent workshop at Yuxiang Industrial Company is fully operational, laying a solid foundation for achieving the annual work targets [2].