附件二：投资者关系活动记录表格式 证券代码： 002202 证券简称：金风科技 | | 编号： | | --- | --- | | 投资者关系活动类别 | 特定对象调研 □分析师会议 | | | □媒体采访 □业绩说明会 | | | □新闻发布会 □路演活动 | | | □现场参观 □其他（请文字说明其他活动内容） | | 参与单位名称及人员 | 西部证券 邓宇轩 中金公司 车昀佶 天风证券 杨志芳 东吴证券 胡隽颖 | | 姓名 | 中信证券 林劼 | | 时间 | 2025年12月26日 | | 地点 | 线上会议 | | 上市公司接待人员姓 | 投资者关系经理 于洋 | | 名 | 投资者关系主管 刘茜 | | | 公司在智慧运维方面有何布局？ | | | 答：新能源发电项目全面参与电力市场交易，显著提升了行业对电力交易 | | | 相关产品与服务的需求。"数智化"转型作为应对市场变革、提升竞争力 | | | 的核心路径，持续引领行业发展。在"无人化"场站建设方面，公司通过 | | | 智慧运营平台建设提升故障预警效率与实时监测能力，加速场站"无人化" | | | 进程，运维人效平均提升25%以上。2 ...

Group 1: Company Overview - Changhong Technology primarily provides semiconductor wafer carriers and clean packaging products, focusing on high-precision solutions for semiconductor processes [2] - Current research products include FOUP, FOSB, HWS, photomask carriers, and ultra-clean barrels [2] Group 2: Sales and Orders - Since obtaining its first mass production order in 2024, the company has generated sales revenue exceeding tens of millions RMB in 2025 [2] - In Q4 2025, the company delivered multiple batches of products, securing 60%-70% of the demand for semiconductor wafer carriers and consumables from a domestic wafer manufacturer for 2026 [3] Group 3: Market Position and Future Prospects - The recent order signifies the company's capability for stable production and continuous supply, marking the transition to large-scale supply [3] - The domestic market for related products is estimated to reach approximately 1 billion RMB annually, with expectations for breakthroughs in FOSB, photomask carriers, and ultra-clean barrels by 2026 [3]

Group 1: Company Overview - The company is Huizhou Desay SV Automotive Electronics Co., Ltd., with stock code 002920 [1] - The investor relations activity record number is 2025-014 [1] Group 2: Investor Relations Activities - The activity involved specific object research and included various fund management companies such as Zhongyin Fund Management and Guotai Junan Securities [2][3] - Participants included representatives from multiple investment firms, indicating a broad interest in the company's performance [2][3] Group 3: Product Development and Market Strategy - The company has developed an advanced in-car acoustic solution featuring a leading sound system with a 9.3.4 surround sound design, enhancing audio experience [3][4] - The strategy to maintain domestic market share includes leveraging unique product advantages and continuous high-level investment in R&D [4] - The company aims to integrate smart cockpit and smart driving capabilities, enhancing product offerings and ensuring competitive pricing and quality [4] Group 4: Industry Trends - The trend towards integrated cockpit and driving systems is becoming more pronounced, with the company positioned to optimize costs and performance through its innovative solutions [4]

Group 1: Strategic Planning and Development - The company is actively advancing its "14th Five-Year Plan" in alignment with national and group strategies, focusing on enhancing international air cargo capacity and reducing logistics costs [2] - The strategic goal is to establish itself as a comprehensive air logistics service provider, optimizing resource allocation to enhance industry competitiveness and improve resource utilization efficiency [3] Group 2: Fleet and Capacity Management - In 2025, the company introduced all-new Boeing 777 freighters, while A330 aircraft were converted from passenger to cargo use [3] - Future decisions on passenger aircraft conversions will be based on operational needs, market conditions, and economic benefits [3] Group 3: Route Expansion and Pricing Strategy - In the first half of 2025, the company launched six new routes, including Chengdu-Dubai and Shanghai-Hanoi, to capture emerging market opportunities [3] - The pricing strategy involves enhancing charter and agreement bidding systems, exploring attractive bidding models, and establishing a monitoring mechanism for capacity and pricing management [3] Group 4: Cargo Business Operations - The company exclusively procures cargo transport services from Air China for passenger aircraft, operating under its own name for cargo business [4] - The settlement model involves charging transportation service fees based on actual cargo revenue, deducting a certain business fee rate [4] Group 5: Competitive Advantages - The company benefits from its unique position as a flag carrier, a diverse equity structure, a large fleet, and a robust route network [4] - Additional advantages include ground service support, a professional team for efficient operations, and digital empowerment to enhance service quality [4]

证券代码： 300597 证券简称：吉大通信 吉林吉大通信设计院股份有限公司投资者关系活动记录表 编号：2025-005 | | 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（请文字说明其他活动内容） | | 参与单位名称及 人员姓名 | 国信证券、吉林省证券业协会及个人投资者，共计 21 人。 | | 时间 | 2025 年 12 月 26 日 15:30-17:00 | | 地点 | 公司会议室 | | 上市公司接待人 | 公司董事、董事会秘书、副总经理耿燕女士及证券部工作人 | | 员姓名 员 | | | | 董事会秘书向投资者介绍了公司基本概况和发展历程， | | | 并就投资者比较关注的问题进行了逐一回答，随后投资者对 | | | 合作的智慧餐厅进行了参观体验。主要问题及回复如下： | | | 1、根据国家"十五五"规划，公司整体战略规划是什么？ | | | 发展重点和投向是什么？ | | | 答：感谢您的提问，公司将紧扣国家"十五五"规划， | ...

Group 1: Company Performance and Strategy - In 2025, the company achieved a revenue of 9.175 billion CNY in the first three quarters, a decrease of 27.2% year-on-year, with over 70% of revenue coming from overseas markets [3] - The company focuses on maintaining high-quality clients and differentiating its competitive strategy amid the domestic steel industry's structural adjustments [3] - The company aims to enhance its core capabilities and competitiveness to ensure stable performance despite domestic challenges [3] Group 2: Overseas Operations and Market Conditions - The primary currencies for overseas project settlements are USD, EUR, and CNY, with manageable foreign exchange risks [4] - The company actively participates in international projects, aligning with China's "Belt and Road" initiative and focusing on risk management and localized operations [5] - The resolution of the Russia-Ukraine conflict could create new project opportunities, but current geopolitical uncertainties make it difficult to predict the timing of these opportunities [6] Group 3: Future Outlook and Financial Policies - The company plans to implement a stable dividend distribution policy as part of its three-year shareholder return plan (2023-2025) to enhance transparency and encourage long-term investment [8] - The gross profit margin for engineering projects was 15% in Q3 2025, showing stability and slight improvement compared to the first half of the year [9] - The company's overseas market is primarily focused on countries along the "Belt and Road," which are experiencing steady growth in their steel industries [10]

Group 1: Business Overview - The company focuses on providing comprehensive foreign trade services through an integrated platform, Made-in-China.com, which connects Chinese suppliers with global buyers [1][2] - The platform's core competitiveness lies in its dual strategy of enhancing global buyer traffic and creating a comprehensive empowerment system for suppliers [2][3] Group 2: AI Applications in Foreign Trade - The company leverages AI technology to drive innovation in foreign trade, with key products like AI Mai Ke that enhance efficiency in various operational aspects [3][4] - AI Mai Ke supports sellers in product editing, customer service, social media marketing, and buyer background checks, filling gaps in transaction efficiency [3][4] Group 3: Cross-Border E-Commerce - The cross-border e-commerce business operates a dual model of "one-stop supply chain service + drop shipping platform," with InQbrands Inc. focusing on North America and Doba.com specializing in drop shipping [4][5] - InQbrands Inc. enhances supply chain services through supplier selection and quality control, while Doba.com expands brand influence via innovative marketing strategies [4][5] Group 4: Insurance Agency Business - The company conducts insurance agency operations through a subsidiary, utilizing an online-offline integrated service model to offer various insurance products [5][6] - Key advantages include technology-driven management, scenario-based marketing, and a focus on corporate insurance solutions [5][6] Group 5: Future Directions - The company aims to deepen its core foreign trade platform advantages and accelerate the integration of AI technology with foreign trade and cross-border operations [6][7] - The goal is to expand global market presence and enhance the competitive position of Chinese enterprises in international markets [6][7]

Group 1: Company Overview and Market Position - Shenzhen Keda Technology Co., Ltd. is actively engaging with investors to discuss its business strategies and market outlook [1][2]. - The company has established a comprehensive core product system for AI intelligent computing applications, including high-power integrated power modules and liquid cooling solutions [2][3]. Group 2: Data Center Business Outlook - The company is optimistic about its data center business for the upcoming year, driven by the rapid advancement of AI technology and increased investments in the data center sector [3]. - Orders from overseas ODM major clients have shown steady growth, with expectations of high growth rates in Southeast Asia and North America over the next 2-3 years [3]. Group 3: Energy Storage Business - The company has developed a full range of energy storage products, including large-scale, commercial, and residential solutions, leveraging over 30 years of experience in power electronics [4]. - The energy storage sector is becoming one of the fastest-growing segments for the company, supported by strong demand in emerging markets such as the Middle East, Africa, and South America [4]. Group 4: Production Capacity and Expansion - Current production capacity is sufficient to meet market demand, with no supply gaps reported [4]. - The company's factory in Vietnam is a key part of its overseas capacity strategy, primarily serving the European and North American markets, with the first phase of production already launched [4].

北京钢研高纳科技股份有限公司投资者关系活动记录表 证券代码：300034 证券简称：钢研高纳 编号：2025-004 投资者关系活动 类别 √特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 □电话会议 □其他： （请文字说明其他活动内容） 参与单位名称 及人员姓名 华夏久盈资产:桑永亮 兴业证券:金宁 时间 2025 年 12 月 26 日 地点 钢研高纳会议室 公司接待人员 姓名 财务总监、董事会秘书:刘彬 规划证券投资部:何晓珂 投资者关系活动 主要内容介绍 一、公司对燃气轮机市场有何布局？ 答：公司持续加强对燃气轮机领域产品研发，积极拓展燃气轮机市场， 提升产品竞争力。 二、公司在燃气轮机领域提供哪些产品？ 答：公司在燃气轮机领域提供涡轮盘及叶片等产品。 三、控股子公司西安高纳产能如何？ 答：西安高纳产能情况良好，可充分满足生产经营需求。 1 | | 四、公司 2018 年收购的青岛新力通主要做什么业务？ | | --- | --- | | | 答：青岛新力通主营石油化工业务，技术实力过硬，具备乙烯裂解炉管 | | | 工业化制备技术。 | | | 五、青岛新 ...

Group 1: Company Overview - The company was established in 2003 and launched its first multi-channel sleep monitor in the same year. The first CPAP sleep machine was introduced in 2007, and the company received CE certification in 2008 and FDA certification in 2012. It successfully listed on the Shenzhen Stock Exchange in 2016 [2]. - The company focuses on providing comprehensive treatment solutions for OSA and COPD patients, covering diagnosis, treatment, and chronic disease management, and is a leading domestic enterprise in home non-invasive ventilators and masks [2]. - As of June 30, 2025, the company holds 666 valid domestic patents, including 116 invention patents, 404 utility model patents, and 146 design patents. It also has 266 overseas patents, including 45 in the USA and 38 in Europe [3]. Group 2: Market Performance - In the US market, a new noise-free breathing machine began mass entry in July 2025, with significant sales growth observed in the third quarter. The acquisition of a new medical reimbursement code is expected to further boost sales [4]. - The European market has completed the construction of a cloud database platform, connecting over 1,000 primary and secondary agents, which is anticipated to drive growth by transitioning from non-mainstream to mainstream medical insurance markets [4]. Group 3: Sales Strategy and Product Development - The company initiated a shift from online distribution to direct sales at the end of September 2025, with expected gradual impacts on performance starting in the fourth quarter. The new model is projected to enhance gross margins and contribute to net profits [5]. - The portable oxygen concentrator (POC) has completed domestic registration, and a small non-invasive breathing machine has also been registered, which is expected to provide a continuous revenue increase domestically [5]. Group 4: Supply Chain and Cost Management - The company has largely achieved localization of core components, ensuring supply chain security and cost advantages. Future efforts will focus on optimizing domestic industrial chain collaboration to enhance business stability and risk resistance [6]. - The improvement in gross margins is attributed to effective cost control and an increase in the proportion of higher-margin consumables, with a stable upward trend expected in the future [7].