（编辑 袁冠琳） 证券日报网讯 TCL科技9月26日在互动平台回答投资者提问时表示，公司三大主业经营稳健。虽然股价 受市场多种因素影响，但公司始终致力于提升盈利，以行业领先的股息率保障股东合理回报。公司高度 重视市值管理和投资者关系工作，已通过多种渠道听取投资者建议，并将继续加强信息披露与沟通，提 升公司透明度与市场认可度，依法依规推动提升公司价值。 ...

Group 1: Investor Relations Activities - The investor relations activity includes various formats such as analyst meetings, media interviews, and performance briefings [2] - The specific event recorded is the 2025 semi-annual performance briefing held online on September 19, 2025 [2] Group 2: Management Responses - The company has not received any notifications regarding stock purchases from major shareholders or executives as of now [2] - Executive stock reductions are attributed to personal financial needs, adhering to legal regulations and commitments [2] - The management expresses confidence in the company's future performance despite recent stock price fluctuations due to executive sell-offs [3] Group 3: Future Communication - The company will provide updates on executive stock reduction progress through official announcements, ensuring compliance with disclosure obligations [3]

Core Viewpoint - The financial performance of Shenda Co., Ltd. (申达股份) for the first half of 2025 shows significant declines in revenue and net profit, indicating ongoing challenges in its business operations and financial health [1][2]. Financial Performance Summary - Total revenue for the first half of 2025 was 5.234 billion yuan, a decrease of 13.79% compared to 6.072 billion yuan in the same period of 2024 [1]. - The net profit attributable to shareholders was -53.6366 million yuan, representing a decline of 198.95% from a profit of 54.2046 million yuan in 2024 [1]. - The gross margin improved slightly to 10.11%, up 5.5% year-on-year, while the net margin fell to -0.75%, a decrease of 159.74% [1]. - The total of financial, sales, and administrative expenses reached 536 million yuan, accounting for 10.25% of total revenue, which is a 60.23% increase year-on-year [1]. Business Model and Operational Insights - The company has a historical average Return on Invested Capital (ROIC) of 2.25%, indicating weak investment returns, with a particularly poor performance in 2020 when ROIC was -12.24% [2]. - The business model relies heavily on research and marketing, necessitating a thorough examination of the underlying drivers of these areas [2]. - Cash flow metrics indicate potential liquidity concerns, with cash and cash equivalents covering only 65.15% of current liabilities [2]. Management and Strategic Initiatives - The management has acknowledged the challenges faced, including a decline in core business competitiveness and investor relations, and has proposed a "1+7" global reform plan to enhance operational efficiency and performance [3]. - The company is committed to deepening global collaboration and stabilizing its core competencies despite external challenges [3].

Core Viewpoint - The event hosted by Shanghai Jiao Tong University aims to discuss the core functions and practical strategies of board secretaries in cross-border capital markets, focusing on A+H share governance and investor relations strategies. Group 1: Event Overview - The event titled "A+H Share Board Governance and Investor Relations: Cross-Border Practices and Strategies" will take place on August 16 in Shenzhen, gathering top experts from both Hong Kong and mainland China [1]. - Participants will gain insights into A+H share cross-border governance practices, investor relations (IR) strategies, and the professional system for company secretaries in Hong Kong [3]. Group 2: Agenda Highlights - The agenda includes a keynote speech on the three core elements of investor relations, aimed at enhancing the high-quality development of listed companies' market value [6]. - A roundtable discussion will address the challenges of corporate governance and the evolving role of board secretaries in the dual market environment [6]. Group 3: Educational Offerings - The event will also feature the launch of the MBA program focused on board secretaries, designed to cultivate governance elites for A-share, Sci-Tech Innovation Board, H-share, and Chinese concept stocks [7].

Group 1: Investor Relations Activity Overview - The company held an earnings briefing on April 29, 2025, from 15:00 to 17:00 [3] - The event was conducted via the "Investor Relations Interactive Platform" [3] - Key attendees included the Chairman, Secretary of the Board, and financial responsible personnel [3] Group 2: Key Issues Addressed - Concerns were raised regarding the executive compensation being relatively low compared to the overall level in the Beijing Stock Exchange [5] - The company explained that executive compensation is determined based on various factors including regional economic development, industry standards, and job responsibilities [5] - The company emphasized that the current compensation structure does not negatively impact the stability and motivation of the executive team [5] - Future plans include continuous improvement of the compensation system and increasing executive remuneration based on investor feedback [5]

近年来， 投资者关系（IR）团队 的职责不断演进，越来越深入地参与到企业关键战略的制定 中，已经成为不可或缺的职能部门。在数据时代，随着利益相关者对其参与企业的信息披露需 求日益增长，以及监管机构不断推动企业提高透明度，企业料将日益依赖数据以驱动决策。信 息技术的发展与助力，使投资者关系专家们得以将洞见转化为具有执行价值的制胜战略，助企 业立于不败之地，并借此提升投资者关系团队的影响力，而投资者关系领袖亦将有望跻身企业 C级高管之列。 扫描二维码 立即阅读完整报告 内容节选 投资者关系职务的"C位"之路 一家没有投资者关系（IR）团队的上市公司听起来或许是天方夜谭，但在20世纪70年代之前， IR业务在企业中尚未成为一项独立职能。 当时的投资者关系主管（IRO）大多是来自公关或企业传播部门的人员，他们往往是在本职之 外承担起股东关系事务。这些早期的IRO通常是前新闻记者，需要负责撰写业绩公告、年度报 告，或为董事长准备演讲稿。与如今IRO负责的工作相比，当时的职责要简单许多。 根据金宝汤公司前IR主管Len Griehs的说法，在20世纪70年代，这一职能发生了显著变化。他 在接受《IR Impact》采访时 ...

Core Insights - The role of Investor Relations (IR) teams has evolved significantly, becoming an indispensable function within companies as they increasingly participate in key strategic decision-making [1][4][6] - In the data era, companies are expected to rely more on data to drive decisions due to growing demands for transparency from stakeholders and regulatory bodies [1][6] - The advancement of information technology enables IR professionals to transform insights into actionable strategies, enhancing their influence within organizations and positioning them for potential C-suite roles [1][6][7] Historical Context - Prior to the 1970s, IR was not an independent function, with Investor Relations Officers (IROs) often coming from public relations or corporate communications backgrounds [4] - The responsibilities of IROs shifted from basic communication tasks to more finance-oriented roles, particularly during the bull market that began in 1982, highlighting the importance of IR work [4] Data-Driven Decision Making - The demand for data-driven insights has increased within corporate leadership, allowing experienced IROs to leverage data for strategic transformation and secure a place in executive discussions [6][7] - The trend towards data-centric roles and the investment in data infrastructure is expected to strengthen in the coming months and years, indicating a growing reliance on data within companies [6] Competitive Intelligence - Modern IR teams must not only track investor activities but also understand competitors and industry dynamics to enhance strategic planning and decision-making [8] - Knowledge of market conditions and competitor movements is crucial for IROs to gain trust from both management and investors, positioning them as valuable advisors [8]

Group 1 - The core viewpoint of the article emphasizes the transformation in investor relations, highlighting the integration and application of innovative technologies that enhance valuation while maintaining traditional activities that build trust and convey value [1] - The article invites participation in a series of Bloomberg webinars focused on the latest innovations in investor relations, showcasing how new tools and strategies can deepen interactions between companies and potential investors, improving efficiency and transparency [1] - Key topics include understanding industry information to gain a competitive edge in cyclical industries and advancing investor relations further [1] Group 2 - The series of webinars will take place from March to April 2025, consisting of four sessions, each scheduled from 14:00 to 15:00 [3] - Best practices will be discussed to maximize the effectiveness of investor relations strategies, particularly in defensive industries with stable volatility [3] - The webinars will be conducted in English, with AI real-time subtitles available in Simplified Chinese [3]