2025年12月31日，浙江托普云农科技股份有限公司（以下简称"公司"）在公司会议室接待了机构调研。 国泰海通证券、国泰海通资管、国新投资、大家资产、拾贝投资共5家机构参与了本次特定对象调研及 现场参观活动，公司副总经理、财务总监、董事会秘书朱娜负责接待并与机构投资者进行了深入交流。 公司基本情况：深耕智慧农业的国家级专精特新"小巨人" 据介绍，浙江托普云农成立于2008年，是一家专注于智慧农业领域的国家级专精特新"小巨人"企业。公 司运用物联网、人工智能、大数据、算法等新一代信息技术，通过智能硬件设备、农业物联网及信息化 软件平台，为农业领域的政府部门、企事业单位、科研院校等提供数据采集、分析决策、精准执行、科 学管理等综合解决方案。 公司产品及服务主要分为两大类：一是智慧农业项目，包括农业物联网和信息化软件平台；二是智能硬 件设备，涵盖可直接联网的智能装备、具备监测或检测功能的仪器设备、搭载在物联网或其他装置的传 感器等前端硬件，全面覆盖种植业信息采集、检测、控制及监测环节，贯穿作物从育种至收获的整个生 命周期。 调研核心聚焦：AI驱动智慧农业发展 技术落地成效显著 在问答环节，机构投资者重点关注了智慧农 ...

Core Viewpoint - The company, Ruili Kemi (001285), is focusing on the fields of electric control braking and precision die-casting, with potential applications in the robotics sector, although it has not yet established a substantial business presence in the robotics reducer market [1]. Group 1 - The company has a strong technical foundation in electric control components such as ECU, actuators, and sensors [1]. - The company possesses manufacturing capabilities in lightweight products through precision die-casting [1]. - The company plans to continuously monitor developments in the robotics field and assess potential business expansion opportunities [1].

Core Viewpoint - The company, 瑞立科密 (001285.SZ), is focusing on electric control braking and precision die-casting, indicating potential applications in the robotics sector, but has not yet established a substantial business presence in the robotics reducer market [1] Group 1: Business Focus - The company is deeply engaged in two main areas: electric control braking and precision die-casting [1] - The company possesses technological accumulation in electric control components such as ECU, actuators, and sensors [1] Group 2: Future Plans - The company plans to continuously monitor developments in the robotics field and assess potential business expansion opportunities [1] - The company aims to leverage its manufacturing capabilities in lightweight products through precision die-casting [1]

Group 1: Company Strategy and Market Focus - The company will continue to increase technical investment and resource allocation in industrial, new energy, and automotive electronics markets, while also strengthening its presence in optical communications, PC & peripherals, servers, and robotics [2][3]. - The company aims to leverage AI technology in terminal products such as AI service devices, smartphones, PCs & peripherals, robots, headphones, glasses, and toys to achieve breakthroughs in new markets and fields [2][3]. Group 2: Financial Performance - In Q1 2025, the company achieved a revenue of CNY 1.772 billion, representing a year-on-year growth of 13.14%, and a net profit attributable to shareholders of CNY 17.604 million, which is a significant increase of 273.64% compared to the same period last year [3]. Group 3: Automotive Electronics Development - China has become a global leader in new energy vehicles, and the next few years will see a maturation period for comprehensive automotive intelligence, leading to increased demand for semiconductors [3]. - The company has seen stable growth in product sales within the new energy and automotive electronics sectors and plans to further increase investment in these areas to capture market share [3]. Group 4: AI and Robotics Initiatives - AI glasses represent a key application of AI technology in consumer electronics, with the company actively working on design and promotion of related application solutions to drive mass production [3]. - The robotics sector is also a focus area, with the company planning to enhance technical investment and product development in this market, including components like MCUs, sensors, and power management [3]. Group 5: Mergers and Acquisitions Strategy - The company seeks strategic cooperation opportunities with complementary businesses in AI, new energy, industrial, and automotive electronics sectors to expand product lines and customer resources [4]. - When selecting acquisition targets, the company considers factors such as product competitiveness, financial stability, management standards, and corporate culture to ensure substantial value enhancement [4]. Group 6: Core Competitiveness - The company's core competitive advantages lie in its mature supplier resources, strong customer relationships, extensive sales network, and robust technical support capabilities [4]. - By leveraging accumulated experience and technical expertise, the company aims to enhance its market presence and achieve overall performance goals [4].