Group 1 - The company hosted a research meeting with nine institutions, including asset management and securities firms, to discuss its business operations and strategies [1] - The company reported a decline in gross margin this year due to rising labor costs, raw material prices, and a downturn in the market environment [2] - The company is focusing on new applications in the semiconductor field, which is currently in the R&D stage, indicating potential for significant growth if progress is made [2] Group 2 - The company's optical encoder products primarily generate revenue from traditional sectors like elevators and servo systems, but it is expanding into new application areas such as CNC machine tools [2] - The company is actively developing its semiconductor ultra-precision equipment, leveraging its existing optical systems and encoder technologies [2] - The company confirmed that large orders announced in May will be delivered according to contract milestones, with revenue recognized upon delivery [2] Group 3 - The company indicated that shareholder reductions in holdings may be due to personal funding needs, while also aligning its semiconductor business strategy with that of its major shareholder [3] - The collaboration with Changguang Aerospace is based on business synergy, despite being in different fields, as they share overlapping customers and applications [3]

| 投资者关系活动 | 特定对象调研 | | □分析师会议 | | --- | --- | --- | --- | | 类别 | □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 | 杭州世喜资产管理有限公司 | | | | 人员姓名 | 东方财富证券 | 万家基金 | | | | 国寿资产 | 国泰基金 | 华夏基金 | | | 泰康资产 鹏扬基金 | | 兴全基金 | | 时间 | 2025 年 9 月 18 日 | | | | 地点 | 公司第一会议室 | | | | 上市公司接待人 | 董事会秘书：沈娟 | | 财务总监：徐爱民 | | 员姓名 | 证券事务代表：周健 财务部经理：田光宗 | | | | | 问答环节： | | | | | 1. 公司产品在卫星上有应用吗？ | | | | | 公司本部的空间光学系统、长光宇航的空间结构件等产品，都 | | | | 投资者关系活动 | 在卫星上有应用。 | | | | 主要内容介绍 | | | | | | 2、公司今年毛利率相比于之前下降的 ...