证券代码： 002202 证券简称：金风科技 金风科技股份有限公司投资者关系活动记录表 附件二：投资者关系活动记录表格式 | | | 编号： | | --- | --- | --- | | 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 □其他（请文字说明其他活动内容） | | | 参与单位名称及 | 华福证券 万伟 国投证券国际 罗璐 | | | 人员姓名 | 华创证券 张一驰 | | | 时间 | 2025年12月18日 | | | 地点 | 线上会议 | | | 上市公司接待人 员姓名 | 投资者关系经理 于洋 投资者关系主管 刘茜 | | | | 公司是否有帮助客户管理风电场的业务，发展情况如何？ | | | | 答：在资产管理服务方面，公司以新能源资产保值与增值为目标，聚焦资 | | | | 产电量、电价、运营成本的持续优化，推动运营理念从"电量最大化"向 | | | | "电量最优化"升级。持续迭代升级金风天机交易云平台和数智中心，构 | | | | 建"全域数据融合+智能决策闭 ...

Core Viewpoint - The article discusses the evolution of the Chinese rental housing market, focusing on the transformation initiated by the company Ziroom, which shifted from a traditional rental model to an asset management approach, significantly changing the industry's underlying logic [1][6][24]. Group 1: Market Background and Initial Challenges - In 2011, a group of Chinese entrepreneurs, including Ziroom's founder, sought to learn from mature rental markets in Japan and the U.S. to innovate in China's rental sector [1][2]. - The rental market was primarily in a C2C phase, with high operational costs and inefficiencies due to the fragmented nature of individual landlords and tenants [2][3]. - Ziroom aimed to transform this market by productizing rental properties and enhancing transparency, which was initially met with skepticism from industry peers [2][3]. Group 2: Key Innovations and Business Model - Ziroom focused on three core areas: product standardization, service enhancement, and technology integration, which collectively improved rental efficiency and tenant experience [4][5]. - The company introduced a new rental model that allowed for the leasing of individual rooms rather than entire units, catering to diverse tenant needs and significantly increasing property utilization [4][5]. - By leveraging technology, Ziroom optimized the matching process between tenants and available properties, moving the rental experience closer to that of booking a hotel [5][22]. Group 3: Transition to Asset Management - In 2021, Ziroom transitioned to an "incremental rental" model, positioning itself as an asset management company rather than just a rental service provider [7][24]. - This shift was driven by the need for a more sustainable business model in response to market changes and increased competition, allowing for shared risk and reward with property owners [10][35]. - The new model has seen over 70% of Ziroom's properties switch to this asset management approach, demonstrating resilience in a challenging market environment [10][38]. Group 4: Long-term Vision and Industry Impact - Ziroom's evolution reflects a broader trend in the real estate sector, emphasizing the importance of understanding both tenant and landlord needs to create value [21][22]. - The company aims to redefine the rental market by providing high-quality living experiences through professional management and continuous property maintenance [26][39]. - Ziroom's journey illustrates the potential for innovation in the rental market, setting a new standard for professionalized housing rental services in China [8][39].

Group 1 - The core viewpoint of the news highlights the recent performance of Astrum Financial, noting a significant increase in its stock price despite a decline in overall revenue and profit [1] - As of July 17, the Hang Seng Index fell by 0.08%, closing at 24,498.95 points, while Astrum Financial's stock price rose by 18.84% to HKD 0.41 per share, with a trading volume of 100,000 shares and a turnover of HKD 36,500 [1] - Over the past month, Astrum Financial has experienced a cumulative decline of 4.17%, while year-to-date, it has seen a cumulative increase of 15%, underperforming the Hang Seng Index, which has risen by 22.22% [1] Group 2 - Financial data indicates that for the year ending December 31, 2024, Astrum Financial reported total revenue of HKD 10.5633 million, a decrease of 21.14% year-on-year, and a net profit attributable to shareholders of -HKD 16.2594 million, down 83.62% year-on-year [1] - The company's debt-to-asset ratio stands at 25.64% [1] - Currently, there are no institutional investment ratings available for Astrum Financial [1] Group 3 - The company operates as a financial service provider in Hong Kong, offering services such as securities trading and brokerage, underwriting, corporate finance advisory, financing services, and asset management [2] - All business activities are conducted through its subsidiary, Astrum Capital, which is licensed to conduct regulated activities under the Securities and Futures Ordinance [2] - Astrum Capital is a participant of the Hong Kong Stock Exchange and has expanded its services through the Stock Connect program to include eligible stocks listed on the Shanghai Stock Exchange [2]