精测电子投资者关系活动记录表（2025 年度） 证券代码：300567 证券简称：精测电子 编号：2025-004 | | ☑ 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 | □新闻发布会 □路演活动 | | 类别 | □现场参观 | | | 其他 电话会议 ☑ | | | 民生证券李哲、周晓萌；易方达李凌霄；银华基金方建；博时基 金冯喜建；长江证券倪蕤、王泽罡、严艺鸣、李想；华泰证券吕 | | | 兰兰；招商基金王超；国泰海通肖隽翀、黄行辉、李启文、黄龙； | | | 中银基金张欣仪、张响东、王晓彦；广发基金王瑞冬；中信建投 | | | 赵子鹏、赖昕；中金公司严佳、陈思涵、张梓丁；中泰证券冯光 | | | 亮；财通基金沈犁；东方证券朱茜、张子豪；方正证券徐凡；申 | | | 万宏源刘建伟；天风证券唐梦涵；信达证券张弛；中邮证券翟一 | | 参与单位名称及 | 梦；国海证券张钰莹；华西机械钟一新；西南机械杨云杰；华安 | | 人员姓名 | 机械徒月婷；西部机械邱策宇；东北证券武芃睿、凌展翔；华福 | | | 证券卢大炜；太平基金王达婷； ...

Core Insights - In the context of structural differentiation in the capital market by 2025, selecting fund companies with both global vision and local insights is crucial for investors to succeed [1] Group 1: Morgan Fund - Morgan Fund, as a core layout of JPMorgan Chase in China, had a management scale of 220 billion yuan in Q1 2025, serving over 70 million clients, and is positioned in the top tier of foreign public funds [3] - The fund's global research network covers 90% of investable markets, combined with a local team of 150 for in-depth research, forming a "top-down + bottom-up" investment framework [3] - Morgan Fund offers a full-cycle product matrix, including equity funds and QDII funds, catering to different risk preferences [4] - The long-term performance of Morgan Fund is notable, with the Morgan Emerging Power Mixed A achieving a 389.73% return over nearly 13 years, ranking in the top 3 of its category [4] - Recommended products include Morgan Technology Frontier Mixed A, focusing on hard tech sectors, with a one-year return of 9.73%, and Morgan Asia Growth Fund (QDII), which invests in high-dividend assets in Asia [5] Group 2: Equity Investment Pioneers - Huaxia Fund, one of the first established fund companies in China, has a leading active equity management capability, with a non-money market fund scale exceeding 1.8 trillion yuan in Q1 2025 [6] - Fortune Fund, one of the "old ten" fund companies, has seen its equity, fixed income, and quantitative products perform well, with 14 equity products ranking in the top 10 of their category over the past year [6] Group 3: Fixed Income and Index Investment - Bosera Fund has a fixed income management scale exceeding 1 trillion yuan, with comprehensive credit bond research and strong liquidity management capabilities in money market and pure bond funds [7] - Southern Fund, with a non-money market fund scale exceeding 1.2 trillion yuan in Q1 2025, excels in index investment and cross-border asset allocation [8] - Recommended product includes Southern Hong Kong Growth Mixed (QDII), focusing on Hong Kong's tech and consumer leaders, with a one-year return exceeding 30% [9] Group 4: Niche Institutions - Harvest Fund, with an active equity fund scale rebounding to 3.34 trillion yuan in Q1 2025, leads in the technology manufacturing sector [10] - ICBC Credit Suisse Fund has an ESG-themed fund scale exceeding 50 billion yuan in Q1 2025, leading in green energy and social responsibility investments [11] Group 5: Investment Strategies and Recommendations - A core + satellite allocation strategy is suggested, using comprehensive management institutions like Morgan Fund as core holdings to capture cross-market opportunities, supplemented by niche products from Huaxia and Fortune to optimize risk-return ratios [12] - The core market drivers for 2025 are expected to be technology growth (e.g., AI, robotics) and high-end manufacturing (e.g., new energy equipment), with a focus on products like Morgan Technology Frontier and Huaxia North Exchange [12] - Risk control strategies include using fixed income products and gold ETFs to hedge market volatility and balance portfolio risks [13] - The capital market in 2025 presents both opportunities and challenges, with Morgan Fund's diverse product matrix providing core allocations for investors to navigate through cycles [15]