证券代码：300489证券简称：光智科技 光智科技股份有限公司 投资者关系活动记录表 编号：2025-003 | | ☐特定对象调研 ☐分析师会议 ☐媒体采访 ☐业绩说明会 | | --- | --- | | 投资者关系活动类别 | ☐新闻发布会 ☐路演活动 | | | ☐现场参观 | | | 其他（终止发行股份及支付现金购买资产并募集配套资金暨关联 | | | 交易事项投资者说明会） | | 参与单位名称及人员姓名 | 线上参与公司终止发行股份及支付现金购买资产并募集配套资金暨 | | | 关联交易事项投资者说明会的全体投资者 | | 时间 | 2025年07月01日 15:00-16:00 | | 地点 | 价值在线（https://www.ir-online.cn/）网络互动 | | 上市公司接待人员姓名 | 董事、总经理 朱世彬 | | | 副总经理、董事会秘书 孟凡宁 | | | 财务总监 蒋桂冬 | | | 交易对方代表 | | | 标的公司代表 | | | 独立财务顾问主办人 1.本次并购终止对先导电科是否有影响，先导电科后续将以何 | | | 种形式上市？ | | | 答:尊敬的投资者您好！ ...

Group 1 - The core viewpoint of the news highlights the contrasting performance of the company in 2024 and Q1 2025, with a significant decline in 2024 followed by a remarkable profit surge in Q1 2025, primarily driven by subsidiaries [1][6] - In 2024, the company's total revenue decreased by 15.49% to 9.146 billion yuan, and net profit dropped by 34.78% to 148 million yuan, indicating challenges in core business operations [1][2] - The company's cash flow from operating activities turned negative, dropping from 221 million yuan in 2023 to -54.52 million yuan, reflecting insufficient cash generation from core operations [2][3] Group 2 - In Q1 2025, net profit surged by nearly 14,698%, reaching 67.38 million yuan, largely due to the performance of subsidiaries, which raises concerns about the sustainability of this growth [1][3] - The main revenue-generating products faced significant declines: platinum group metals revenue fell by 28.94%, rare earth materials by 13.95%, and infrared optical materials by 20.16%, while thin film materials saw a 46.53% increase [2][4] - The company achieved several technological breakthroughs, including advancements in high-purity metal targets and rare earth green extraction, but the low R&D expenditure relative to revenue (2.27%) poses a risk to maintaining its competitive edge [4][5] Group 3 - The company faces multiple challenges for future growth, including cyclical fluctuations in the semiconductor and rare earth industries, high competition from international giants, and uncertainty regarding the sustainability of subsidiary contributions [5][6] - Despite the strategic focus on four major sectors (electric, magnetic, optical, and medical), the company must navigate the risks associated with commodity price volatility and market competition [5][6] - The company's efforts in capacity expansion and industry chain integration are ongoing, but their effectiveness will require time to validate [5][6]