证券代码：001390 证券简称：古麒绒材 安徽古麒绒材股份有限公司 投资者关系活动记录表 1 编号：2025-001 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（通讯会议） 活动参与人员 副总经理、财务总监：汪章建先生 副总经理、董事会秘书：谢伟女士 财务经理：申岩女士 技术研发中心主任、核心技术人员：吴开明先生 本次电话会由国信证券组织安排，具体投资者参会人员见附件。 时间 2025 年 6 月 10 日下午 地点 公司会议室 形式 线上调研 交流内容及具体问答 记录 一、简单介绍公司的基本情况 答：公司主营业务聚焦于高规格羽绒产品的研发、生产和销售， 主要产品为鹅绒和鸭绒，产品主要应用于服装、寝具等羽绒制品 领域。 公司专注于高规格羽绒材料的研发、生产与销售，坚持"以技 术实力引领行业标准，以产品质量服务品牌客户，以清洁生产践 行双碳战略"的定位。公司参与行业内全部国家标准的制定，为 行业高质量发展贡献力量；服务四季化制品、专业羽绒服饰、儿 童服饰、家纺、军工后勤装备等领域的龙头品牌客户，满足大众 对于高品质生活的需求；建设日运行万 ...

Core Viewpoint - The listing of Anhui Guqi Down Material Co., Ltd. marks a significant milestone for the company and the down industry in China, providing new momentum for the industry's upgrade and regional economic development [1] Industry Overview - The global down industry is experiencing rapid growth, with China being the largest producer of duck and goose down, producing approximately 400,000 tons of down and feathers annually, including about 65,000 tons of down [1] - The domestic down materials market demand is robust, with a scale of about 55,000 tons and a market value of 19 billion RMB, while the global down market demand reaches 13.7 billion USD, indicating substantial market potential [1] Company Strengths - Guqi Down Material has established itself as a leading supplier in the down materials sector, collaborating with well-known brands such as Bosideng and HLA, and has been recognized as a "little giant" enterprise by the Ministry of Industry and Information Technology [3][4] - The company has shown strong financial growth, with revenue increasing from 667 million RMB in 2022 to 967 million RMB in 2024, and net profit rising from 97 million RMB to 168 million RMB during the same period, reflecting compound growth rates of 20.37% and 31.67% respectively [3][4] Financial Performance - The total assets of Guqi Down Material increased from 949.56 million RMB in 2022 to 1.412 billion RMB in 2024, indicating a steady growth trend [4] - The company's gross profit from main business rose from 151 million RMB to 245 million RMB, with a stable gross profit margin, showcasing enhanced profitability [4] Fundraising and Investment Projects - The company raised approximately 604 million RMB through its IPO, with net proceeds of about 534.78 million RMB, which will be allocated to projects focused on capacity upgrades and technological innovation [5][6] - The first phase of the functional down green manufacturing project aims to produce 2,800 tons annually, addressing the growing demand for high-quality functional down products [6] Sustainable Development Initiatives - Guqi Down Material integrates green development into its corporate strategy, promoting low-carbon transformation across the entire industry chain [7] - The company has developed advanced clean production technologies that exceed national standards, enhancing product quality and environmental sustainability [7][8] Industry Influence - The company plays a significant role in setting industry standards, participating in the formulation of national standards for down and feather products, which enhances the overall quality and regulation of the down industry [9] Regional Economic Impact - The listing of Guqi Down Material significantly impacts the capital market in Wuhu, increasing the total number of listed companies in the city and attracting more quality enterprises to the region [10] - On its first trading day, the company's stock surged by 148.34%, reflecting strong market confidence and expectations [10] Future Outlook - Guqi Down Material aims to continue focusing on the down materials sector, enhancing clean production, technological research, and customer development to become a leading brand in the industry [11]

Core Insights - The export of the down industry in China has shown a continuous recovery from January to April this year, with companies actively exploring new emerging export markets and seizing opportunities from the Belt and Road Initiative [1][2] - The recent adjustment of tariffs between China and the US has created a 90-day buffer period, during which companies are ramping up their export activities [1][3] Export Data Summary - The total export value of China's down industry reached approximately $160 million by April 2025, marking a 26.0% increase compared to the same period last year, with a month-on-month growth rate decrease of 1.1 percentage points [1] - From January to April, the total export value was about $570 million, reflecting a year-on-year growth of 25.4%, with significant increases in the export value of raw down and bedding products [1] - The export volume of raw down increased by 14.9% year-on-year, with export value surging by 40.5%, while clothing exports rebounded with a volume increase of approximately 17% [1] Regional Highlights - In Baoding, Hebei, the company Snowrisha has transformed from a "down factory" to a "global marketplace," with expectations to exceed $6 million in exports by 2025 [2] - In Liu'an, Anhui Province, known as a major down distribution center, exports to Belt and Road countries reached 154 million yuan, a year-on-year increase of 99.3% [2] Tariff Impact - The recent tariff adjustments between China and the US, effective from May 14, have led to the cancellation of 91% of tariffs on Chinese goods, with a 90-day suspension of 24% of the previously imposed tariffs, prompting many manufacturers to operate at full capacity [3]

Core Viewpoint - C Guqi (001390) experienced a significant increase of 164.90% on its first trading day, with a turnover rate of 79.80% and a transaction volume of 1.279 billion yuan [2]. Group 1: Stock Performance - On its debut, C Guqi's financing buy-in amounted to 32.9263 million yuan, representing 2.57% of the total trading volume for the day [2]. - The latest financing balance for C Guqi stands at 28.6110 million yuan, which is 1.82% of its circulating market value [2]. - The stock attracted a net inflow of 251 million yuan from major funds on its first day, with large orders contributing 77.8806 million yuan and big orders contributing 173 million yuan [2]. Group 2: Trading Details - The top five trading departments on the stock's first day had a combined transaction volume of 148 million yuan, with a buying transaction amount of 109 million yuan and a selling transaction amount of 39.1565 million yuan, resulting in a net buying of 70.1158 million yuan [2]. - One institutional trading seat was listed, with a total net selling of 6.7761 million yuan [2]. Group 3: Company Overview - C Guqi focuses on the research, production, and sales of high-specification down products, primarily dealing with goose down and duck down, which are mainly used in clothing and bedding products [2].

Group 1 - The new stock N Guqi surged by 222.85%, triggering a trading halt [1] - The trading volume exceeded 600 million [1] - The company focuses on the research, production, and sales of high-specification down products, primarily goose down and duck down [1]

古麒绒材专注于高规格羽绒产品的研发、生产和销售，主要产品为鹅绒和鸭绒，应用于服装、寝具等羽 绒制品领域。公司产品定位中高端市场，已进入海澜之家（600398）、森马服饰（002563）及其旗下童 装品牌巴拉巴拉、罗莱生活（002293）、际华集团（601718）、波司登、太平鸟（603877）、鸭鸭股份 等头部服装企业供应链。 据悉，古麒绒材系芜湖市2025年首家A股上市公司，也是该市自2017年以来新增的境内第十家上市公 司。 5月29日，伴随着上市钟声敲响，古麒绒材（001390）正式登陆深交所主板，芜湖市迎来第30家上市公 司。 记者获悉，芜湖市围绕做大做强资本市场这一核心目标，已开展"启航行动""鲲鹏行动""春苗行动"三个 专项行动计划。 具体来说，"启航行动"针对首发上市，优先推动20家重点企业明确2025年度上市挂牌计划和时间表，加 快推进企业上市进程；"鲲鹏行动"聚焦并购重组领域，鼓励龙头上市公司立足主业，通过吸收合并、控 股或参股等加大对产业链相关企业的资源整合力度，同时大力发展参股型并购基金，探索设立控股型并 购基金；"春苗行动"侧重企业培育，全面梳理上市后备企业和并购标的企业，引导前述企业 ...

Group 1 - The core point of the article is that N Guqi's stock opened 148.34% higher on its first trading day [1] - N Guqi was listed on the Shenzhen Stock Exchange, with an initial offering price of 12.08 yuan per share [1] - The company has a price-to-earnings ratio of 14.65 times based on its issuance [1] Group 2 - The main business focus of the company is on the research, production, and sales of high-specification down products [1]

◎记者 刘一枫 5月29日，位于芜湖市南陵县的高规格羽绒制品供应商安徽古麒绒材股份有限公司（下称"古麒绒材"） 正式登陆深交所，这是2025年芜湖新增的首家A股上市公司。 "近年来，芜湖市委、市政府坚定不移推进产业创新和转型升级，全力营造最优营商环境，大力支持企 业创新发展。古麒绒材成功上市，成为芜湖市第30家上市公司，是芜湖资本市场发展过程中的一个重要 里程碑。"芜湖市财政局相关负责人对记者说。 截至目前，芜湖市上市公司总数达30家，其中境内21家、境外9家，总量稳居安徽省第2位。此外，当前 芜湖市境外在审企业5家，新三板挂牌企业41家，多层次资本市场"芜湖板块"初显规模。 自古以来，芜湖连接南北、承贯东西，是交通要道；今日的芜湖，作为安徽省域副中心城市，叠加长三 角一体化、长江经济带、中部地区高质量发展三大国家战略，构筑了"汽车+智造+算力"的立体化产业 矩阵，正奋力打造创新之城、汽车之城、智算之城等"六个之城"。 "IPO+并购重组"活跃 境内境外并重 用好资本市场投融资功能是提高上市公司质量、促进经济增长的重要工具。数据显示，自2017年起芜湖 市新增的10家A股上市公司，首发募资60.18亿元；包括 ...

Overall Inspection Results - The inspection covered 13 product categories with a total of 200 batches, including fertilizers, agricultural films, plastic shopping bags, agricultural machinery, and more [3] - A total of 48 production enterprises and 131 distribution units were inspected, with 1 batch from a production enterprise and 12 batches from distribution units found to be non-compliant [3] Fertilizers - The inspection of fertilizers followed national standards such as GB/T 15063-2020 and GB/T 21633-2020, and no non-compliant products were found [4] Agricultural Films - The inspection of agricultural films revealed non-compliance in thickness and thickness deviation, based on standards GB 13735-2017 and GB/T 4455-2019 [4] Plastic Shopping Bags - Non-compliance was found in environmental requirements and thickness for plastic shopping bags, inspected under GB/T 21661-2020 and GB/T 38082-2019 [4] Agricultural Machinery - No non-compliance was detected in agricultural machinery, inspected according to JB/T 9822.1-2018 and JB/T 10749-2018 [5] Agricultural Submersible Pumps - The inspection of agricultural submersible pumps showed no non-compliance, following GB/T 25409-2010 and GB/T 2816-2014 standards [5] Fire Emergency Lighting - All fire emergency lighting products passed inspection, adhering to GB 17945-2010 standards [5] Fire Hoses - Fire hoses were compliant with GB 6246-2011 standards, with no non-compliance found [6] Fire Doors - Fire doors passed inspection based on GB 12955-2008 standards, with no issues reported [6] Electric Blankets - Electric blankets were compliant with GB 4706.1-2005 and GB 4706.8-2008 standards, showing no non-compliance [6] Indoor Heaters - Indoor heaters had issues with input power and current, as well as grounding measures, based on GB 4706.1-2005 and GB 4706.23-2007 standards [7] Down Jackets - No non-compliance was found in down jackets, inspected under GB/T 14272-2021 and GB 18401-2010 standards [7] Fireworks - Fireworks showed non-compliance in stability and ignition device components, based on GB 19593-2015 and GB 10631-2013 standards [8] Commodity Coal - All inspected commodity coal products were compliant with the relevant standards [9] Non-Compliant Enterprises - A list of non-compliant enterprises was provided, detailing specific products and non-compliance issues [10] Compliant Enterprises - A list of compliant enterprises was also provided, indicating that no issues were found during the inspection [11]

2025年开年以来，常熟以密集的"大会攻势"和精准的"项目落地"，勾勒出一幅清晰的高质量发 展"奔跑"路线图。仔细观察后不难发现，每场大会、每个项目之间都暗含着千丝万缕的关系，折射出常 熟追求的不仅是发展的速度和质量，更注重发展路径的整体协同。 触摸智算未来城聚势启航的城市格局，见证立讯50亿元机器人总部基地项目的投资决心，洞察半年 3家企业上市的蓬勃态势，加入旅游爆款线路虞山雄鹰线的打卡热潮……常熟以"奔跑者"的姿态，延续 2024年度GDP超3000亿元的强劲势头，2025年一季度GDP增速达6.3%。 2025年即将过半，在常熟，政府的战略谋划为城市发展锚定方向，企业的创新冲劲为产业升级注入 动能，全民的文旅热情为城市精神增添活力。 当"路线图"转化为"实景画"，当"强冲劲"碰撞出"新火花"，当"高热情"凝聚成"向心力"，常熟的"奔 跑"便有了超越时空的意义——它不仅是一座城市的奋进故事，更是中国县域经济转型升级的生动缩 影。 政府"奔跑"有规划 1月16日，常熟举办新型工业化推进大会暨专精特新"育林参天"项目启动仪式，助力常熟专精特新 企业高质量发展，推动形成"头部"企业引领带动、"腰部"企业强力支撑 ...