中国长城科技集团股份有限公司 投资者关系活动记录表 证券代码：000066证券简称：中国长城 编号：2025-001 否注意到，有没有明确地提升经营业绩的举措，以及稳定股票市 场的措施。 投资者关系活动 类别 □特定对象调研 □分析师会议 □媒体采访 □新闻发布会 □现场参观 业绩说明会 □路演活动 □其他 参与单位名称及 人员姓名 线上参与公司2024年度暨2025年一季度网上业绩说明会的投资 者 时间 2025年5月20日15:00-16:00 地点 价值在线（https://www.ir-online.cn） 上市公司接待人 员姓名 董事、总裁 戴湘桃先生 财务总监（总会计师） 宋金娣女士 董事会秘书 王习发先生 投资者关系活动 主要内容介绍 公司于 2025 年 5 月 20 日举办 2024 年度暨 2025 年一季度网 上业绩说明会，就投资者关心的问题进行沟通交流。相关信息如 下： 1.想请问公司，研发团队规模怎样，AI投资比例如何，谢谢。 答:尊敬的投资者，您好。2024年公司研发人员数量为4161 人，研发人员数量占比为31.12%；2023年研发人员数量为4708人， 研发人员数量占比为32 ...

自ChatGPT掀起AI大模型浪潮两年多来，各行各业都加入了"AI+"的浪潮。今年初，DeepSeek的横空出 世，更给这股AI浪潮添了一把火，让全球科技圈迎来了"DeepSeek时刻"，也让AI应用进入爆发期。 AI正在重塑各行各业，距离普通消费者最近的厨电行业也不例外。众所周知，我国厨电行业近两年逐渐 进入慢增长周期，存量市场博弈成为行业竞争现状，而AI厨电已成为各大厨电品牌打开新的市场增长点 的重要机遇。 包括华帝、方太、老板电器在内的"厨电三杰"，在今年AWE期间纷纷展示了AI如何给厨电赋能，勾勒出 厨电行业从功能叠加到系统智能化的进阶图景。作为厨电高端品牌三强，方太持续以人文关怀和高端体 验巩固品牌壁垒，老板电器聚焦AI食神大模型探索高端智能化赛道，华帝则通过高端时尚的年轻化战略 和净洁厨房战略抢占新兴消费群体。 在竞争激烈的存量市场中，光有前沿产品的创新力还不够，必须同时具有技术壁垒、全球供应链和品牌 价值的企业，才更容易成为赢家。从2024的业绩来看，"方老华"行业马太效应逐渐显著，其中华帝股份 则更为亮眼。 4月28日，华帝股份发布2024年财报显示，其去年总收入同比增长2.23%至63.72 ...

2025 年 04 月 30 日 公司点评 买入/维持 中国长城(000066) 目标价: 昨收盘:14.48 利润暂时承压，推出 AI 训推一体机 ◼ 走势比较 (30%) 4% 38% 72% 106% 140% 24/4/30 24/7/11 24/9/21 24/12/2 25/2/12 25/4/25 中国长城 沪深300 ◼ 股票数据 | 总股本/流通(亿股) | 32.26/32.26 | | --- | --- | | 总市值/流通(亿元) | 467.1/467.07 | | 12 个月内最高/最低价 | 24.49/7.52 | | (元) | | 相关研究报告 <<业绩恢复增长，静待行业信创市场 成长 >>--2024-05-09 <<研发投入持续提升，飞腾加速产品 迭代>>--2023-11-07 <<自主计算产业国家队，有望受益于 信创市场回暖>>--2023-09-03 证券分析师：曹佩 电话： E-MAIL：caopeisz@tpyzq.com 分析师登记编号：S1190520080001 证券分析师：王景宜 电话： E-MAIL：wangjy@tpyzq.com 分析师登记编号 ...

Core Insights - Under the backdrop of increased national subsidy policies, the company demonstrates strong competitive resilience and growth potential through product matrix expansion and brand building [1] - The company reported a record total revenue of 6.372 billion yuan in 2024, marking a year-on-year increase of 2.23%, with a net profit of 485 million yuan, up 8.39% year-on-year [2] Revenue Growth - The core kitchen appliance business, including range hoods and gas stoves, has maintained steady growth, with revenues of 2.735 billion yuan, 1.533 billion yuan, and 1.262 billion yuan for range hoods, gas stoves, and water heaters respectively, reflecting year-on-year growth of 6.62%, 5.28%, and 10.4% [2] - Emerging kitchen appliance categories such as steam ovens and steam-bake integrated machines have shown remarkable performance, contributing to the company's revenue growth, with revenues of 80.65 million yuan and 8.82 million yuan, representing year-on-year growth of 6.03% and 74.6% respectively [2] Brand Development - The company has established a brand matrix consisting of "Vatti," "Baide," and "Vatti Home," catering to different market levels and consumer needs [2] - The main brand Vatti continues to strengthen its positioning in the high-end market, while Baide targets domestic third and fourth-tier cities and overseas markets [3] - The company has received multiple industry honors, including "2024 TOP100 Chinese Brand Innovation Development Model" and "2024 Asia Brand 500," indicating a continuous enhancement of brand value [3] Channel Strategy - The company employs a multi-channel integration strategy, achieving a revenue of 3.148 billion yuan from offline channels, a year-on-year increase of 11.07%, with new retail revenue reaching 1.251 billion yuan, up 29.63% [4] - The company has launched six free services to stimulate consumer replacement demand under the "old for new" policy and has integrated with the Meituan platform to enhance its dealer system [4] - Online channels have also been optimized, with the company achieving a retail market share of 37.17% for ultra-thin range hoods, maintaining its leading position in the online kitchen appliance market [5] R&D and Innovation - The company has increased its R&D investment, with R&D expenses rising by 6.14% to 263 million yuan, holding 4,416 national patents, with 885 new patents added [6] - Innovations include several patented technologies aimed at enhancing cleaning performance and user experience, such as "dual-distance full-domain washing" and "smoke machine surfing wash" [6] - The company has implemented national energy efficiency standards across its product lines, ensuring that most products meet the first-level energy efficiency standards [6] Product Recognition - The company has launched several new products that have received widespread acclaim from consumers and industry recognition, including the Vatti Giant Wash Dishwasher and the Vatti Ultra-thin Range Hood [7] - Notable products have received awards such as the "16th Red Top Award - Nomination Award" and "2024 AWE Aiplan Award for Excellent Products," showcasing the company's technological leadership and innovation capabilities in the kitchen appliance industry [7]