Core Insights - The company, Suzhou Baolidi Materials Technology Co., Ltd., hosted a specific investor research activity on November 20, 2025, attended by five institutions, discussing performance growth, debt levels, new product development, and overseas operations [1][2]. Group 1: Performance Growth - The company's performance growth in the first three quarters is attributed to both external industry benefits and internal optimization efforts. The Chinese color masterbatch market is experiencing steady growth due to ongoing industry expansion, national policy support, and increased environmental awareness among the public [3]. - Internally, the company has enhanced automation and AI applications to control costs and optimize product structure, while also increasing R&D investment to maintain competitive advantages [3]. Group 2: Debt Levels - The company reported a low debt-to-asset ratio, indicating a stable debt level with manageable liquidity risks. The substantial cash reserves provide a solid financial foundation for ongoing operations and future development [4]. Group 3: New Product Development - The company focuses its new product development on three main directions: functionalization, greening, and diversification. It has successfully expanded product applications into new areas such as film and plastics while maintaining its traditional strengths [5]. Group 4: Overseas Operations - The company's Turkish factory, established in partnership with Ibrahim Halil Kara, is producing color masterbatch products primarily for the local carpet and fiber industries. Sales and profits from the Turkish operations are stable and slightly increasing, with efforts underway to build a local team to explore regional market potential [6].

证券简称：宝丽迪 证券代码：300905 投资者关系活动记录表 编号： 2025-007 投资者活动类别 ☑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 参与单位名称及 人员姓名 上柿行 赵秋兰 重鼎资产 何金花 勤科资本 黄金兰 允朗资本 查桢伟 爱骏资本 王健康 （以上排名不分先后） 时间 2025 年 11 月 20 日 地点 苏州宝丽迪材料科技股份有限公司会议室 接待人员姓名 董事会秘书 袁晓锋 证券事务代表 尤心远 投资者关系活动 主要内容介绍 公司介绍了公司基本情况，并就调研机构及投资者关心的问题进行了问答 交流。 Q1：公司前三季度业绩增长的主要原因有哪些？ 答：这是综合因素影响下的结果，得益于行业的持续增长和国家产业升级 政策的支持以及民众环保意识的提高，中国色母粒市场保持平稳增长，公司业 务指数也保持稳定增长，另外因为公司进一步提升智能化和自动化水平，深度 优化 AI 等智能场景，更有益于成本控制以及产品结构优化。公司通过技术研 发巩固竞争优势，谨慎拓展关联业务，短期聚焦产能优化与成本管控，中长期 探索新材料应用场景，这些因素都是影响公司 ...