Group 1 - The JingTian Packaging Drinking Water (Shandong) base project in Yishui County has a total planned investment of 500 million yuan and covers an area of 73.5 acres, with 90% of the project completed and expected to reach production in January 2026, capable of producing 215 million bottles (or barrels) of drinking water annually, generating an estimated annual sales revenue of 460 million yuan and tax revenue of 11.1 million yuan [1] - The project has attracted the Shanghai Zijiang PET packaging intelligent manufacturing project as a core supplier, with a total investment of 150 million yuan, introducing the Canadian Husky injection molding system to provide localized bottle preforms, significantly reducing raw material procurement and logistics costs [3] Group 2 - Yishui County has been advancing its industrial chain work, establishing a "command + chain leader + special class" mechanism, focusing on creating two signature industrial chains in fine chemicals and biomanufacturing, and four characteristic industrial chains in leisure health food, intelligent equipment manufacturing, textiles and clothing, and new materials, with 271 large-scale enterprises achieving a total output value of 56.78 billion yuan and tax revenue of 1.415 billion yuan, representing growth of 13.1% and 51.2% respectively [5] - The county has established 15 new innovation platforms, including one academician workstation, and has reached agreements on 10 industry-university-research projects to promote deep integration of technological and industrial innovation [7] - A revised service management method for key industrial projects has been implemented to optimize land, energy consumption, and funding support mechanisms, with new entity loans totaling 6.12 billion yuan, including 3.2 billion yuan in industrial loans [9] - The project approval time for key industrial projects has been reduced to 10 working days, with an average of two months earlier start for projects, and a mechanism for efficient handling of private enterprise requests has been established, achieving a resolution rate of 97.4% and a satisfaction rate of 97.2% for enterprise complaints [11]

编号：2025-011 证券代码：002209 证券简称：达意隆 广州达意隆包装机械股份有限公司 投资者关系活动记录表 投资者关系活动类别 ☑ 特定对象调研 □媒体采访 □新闻发布会 □现场参观 □分析师会议 业绩说明会 □路演活动 □其他(请文字说明其他活动内容) 活动参与人员 一、参与机构及人员 （一）线上会议：中信建投自营 乔翔、李雄杰、王明明、 叶天鸣、孟皓；中泰证券 寇鸿基 （二）现场调研：颐和久富 张准；天虫资本 李星雨；申万 宏源 刘建伟；煜德投资 程跃；中金公司 张琮翎；招商基 金 莫凡 二、上市公司接待人员 副总经理、董事会秘书：王燕囡 证券事务代表：冯天璐 时间 2025 年 12 月 15 日至 2025 年 12 月 19 日 地点 线上会议室、公司会议室 形式 线上会议、现场调研 交流内容及具体问答 记录 一、公司产品体系及经营情况介绍 二、互动交流 1、近年来，公司毛利率增长的原因有哪些？ 答：近年来，公司通过优化产品结构、强化内部管理、提升 产品品质、持续推进降本增效等措施稳步提升毛利率。 2、公司的代加工业务主要包括哪些？ 答：公司的代加工业务主要由公司设立的全资子公司开展， ...

Core Viewpoint - Zhuhai Zhongfu's stock price has shown significant growth this year, with a notable increase in recent trading days, despite a decline in revenue and net profit [2][3]. Group 1: Stock Performance - As of December 2, Zhuhai Zhongfu's stock price increased by 2.28%, reaching 3.14 CNY per share, with a trading volume of 1.29 billion CNY and a turnover rate of 3.25%, resulting in a total market capitalization of 40.37 billion CNY [1]. - Year-to-date, the stock price has risen by 11.35%, with a 14.18% increase over the last five trading days, 11.35% over the last 20 days, and 15.02% over the last 60 days [2]. Group 2: Financial Performance - For the period from January to September 2025, Zhuhai Zhongfu reported revenue of 820 million CNY, a year-on-year decrease of 1.33%, and a net profit attributable to shareholders of -53.62 million CNY, reflecting a significant year-on-year decline of 85.26% [3]. - The company has cumulatively distributed 629 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [4]. Group 3: Business Overview - Zhuhai Zhongfu, established on December 18, 1985, and listed on December 3, 1996, is located in Guangzhou, Guangdong Province. Its main business includes the production and sale of carbonated beverages, hot-filled beverages, drinking water, and PET bottles for beer packaging [2]. - The revenue composition of Zhuhai Zhongfu includes 60.60% from beverage packaging products, 38.68% from beverage processing, and 0.72% from can business [2]. - The company is classified under the light industry manufacturing sector, specifically in packaging and printing, and is associated with concepts such as small-cap, low-price, Hengqin New Area, QFII holdings, and Hainan Free Trade Zone [2]. Group 4: Shareholder Information - As of September 30, the number of shareholders for Zhuhai Zhongfu was 43,700, an increase of 5.14% from the previous period, while the average number of circulating shares per person decreased by 4.89% to 29,438 shares [3].

Core Insights - Zhuhai Zhongfu's stock price increased by 2.14% on September 29, reaching 2.87 CNY per share, with a total market capitalization of 3.69 billion CNY [1] - The company has seen a year-to-date stock price increase of 1.77%, with a recent decline of 2.38% over the last five trading days [1] Financial Performance - For the first half of 2025, Zhuhai Zhongfu reported revenue of 544 million CNY, reflecting a year-on-year growth of 1.63%, while the net profit attributable to shareholders was -37.21 million CNY, a decrease of 259.74% compared to the previous year [2] - The company has cumulatively distributed 629 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3] Business Overview - Zhuhai Zhongfu, established on December 18, 1985, and listed on December 3, 1996, operates in the production and sales of beverage packaging products, including PET bottles and labels, as well as providing beverage processing services [2] - The company's main business revenue composition includes 60.60% from beverage packaging products and 38.68% from beverage processing [2] - The company is categorized under the light industry manufacturing sector, specifically in plastic packaging [2]