Group 1: Investor Interaction - The company participated in the "2025 Annual Shenzhen Listed Companies Collective Reception Day" to enhance interaction with investors [2] - The event was held online via the "Investor Relations Interactive Platform" [2] - Key company representatives included General Manager Cui Ping, CFO Dai Zhiwei, and Finance Manager Liu Jie [2] Group 2: Key Investor Questions and Responses - Inquiry about new asset injections: The company will disclose any significant matters as required [3] - Confirmation of focus on property services: The company remains a leading player in property services, adhering to a strategy of "deepening the main business and parallel diversification" [3] - Impact of Guangzhou Anju Group's acquisition on business: The company has not engaged in the mentioned business in the Guangzhou area [3] - Measures to stabilize company market value: The company emphasizes high-quality development and market expansion to enhance investor returns [3]

Group 1: Company Overview and Activities - The company participated in the 2025 Shenzhen online collective reception day for listed companies, focusing on enhancing value, trust, and opportunities for high-quality development [2] - The event took place on November 20, 2025, from 14:30 to 17:00, utilizing an online interactive platform for investor questions [2] Group 2: Product Innovation and Market Position - The company has developed key products such as the "Signal Monitoring Lightning Protection Distribution Cabinet" and "Digital Axle Counting System," recognized as high-tech products in Guangdong Province for 2025 [3] - The company holds 139 patents and has achieved certifications including CRCC, URCC, SIL4, and IRIS, indicating strong technical capabilities and quality management [3] Group 3: Market Expansion and Strategic Plans - The company is expanding its overseas business, establishing subsidiaries in Germany and Hungary, and has received EU NOBO and Hungarian DEBO, MAV certifications [3] - Future strategies include focusing on technological innovation in the rail transportation sector, enhancing product competitiveness, and expanding both domestic and international markets [4][5] Group 4: Strategic Alignment with National Goals - The company aims to align with the "14th Five-Year Plan," emphasizing technological leadership, deepening core business, and global expansion [4][5] - Key strategic initiatives include enhancing safety technology in rail transportation, consolidating domestic market advantages, and accelerating overseas market penetration [5]

Group 1: Tariff Impact and Cost Management - The increase in U.S. import tariffs will raise the cost for customers selling to the U.S. market, while non-U.S. sales remain unaffected. Historically, tariffs have been borne by brand customers (importers) and ultimately passed on to consumers [2] - The company emphasizes cost control and will closely monitor tariff policy changes, maintaining communication with customers and suppliers to explore cost optimization strategies across various aspects of the supply chain [2] Group 2: Factory Operations and Profitability - The company's first factory in Indonesia has achieved its phase assessment goals and is expected to be profitable by the end of 2025. Indonesia offers advantages in labor supply and costs compared to Vietnam, and the management team is confident in the factory's future profitability [2] - The production ramp-up for new Adidas factories in Vietnam, Indonesia, and China is proceeding as planned, with no significant anomalies reported in order fulfillment [3] Group 3: Average Selling Price and Customer Strategy - Changes in average selling price are influenced by customer and product mix variations. The company employs a diversified brand strategy, continuously introducing new clients while optimizing its customer and product structure, which affects average selling price fluctuations [4] - The company plans to maintain its strategy of adding 1-2 new clients annually, with significant revenue contributions from new clients observed in the first half of the year [5] Group 4: Dividend Policy and Shareholder Returns - The company has a strong focus on shareholder returns, with cash dividends in 2021 accounting for approximately 89% of net profit, and 2022 and 2023 dividends at 43% and 44% of net profit, respectively. The 2024 dividend is projected to be around 70% of net profit, with a mid-year dividend introduced in 2025 [6] - As of September 2025, the company has accumulated approximately 9 billion RMB in undistributed profits, indicating strong cash flow and a commitment to maximizing dividends while balancing capital expenditures and operational needs [6]

Group 1: Financial Impact and Market Performance - The depreciation of the Japanese yen against the RMB has a limited positive impact on the company's profits for Q4, as prior hedging measures may delay the benefits to 2026 [2][3] - The company's total revenue for the first three quarters of 2025 increased by 41.00% year-on-year, with record high production and sales of core products [5][6] Group 2: Supply Chain and Material Sourcing - The company has successfully diversified its raw material supply, ensuring safety by increasing domestic supplier partnerships while maintaining good relations with Japanese suppliers [3][4][6] - The company is actively promoting the localization of raw materials, with significant progress reported in the domestic supply of most materials [4][8] Group 3: Market Strategy and Future Plans - The company is focused on enhancing its market share in the polarized film sector and plans to ramp up production capacity and improve yield in the coming year [5][6] - The company is closely monitoring industry trends and customer needs, optimizing supply chain layouts, and increasing R&D investments to enhance product competitiveness [4][7] Group 4: Industry Relations and Collaborations - The company has established long-term cooperative relationships with leading display panel manufacturers, leveraging its technological and service advantages [8][9] - The company is currently involved in the acquisition of Sumitomo Chemical's polarized film business, which may further enhance its market share amid Sino-Japanese trade tensions [8][9]

深圳市兆威机电股份有限公司 投资者关系活动记录表 证券代码：003021 证券简称：兆威机电 编号：2025-006 A：尊敬的投资者，您好！当前公司基本面向好，生产经营正常， 各项工作有序开展。二级市场的股票价格受到宏观经济环境、公 司所属行业、市场情绪、投资者预期等多方面因素的影响，公司 密切关注二级市场股价走势，也请广大投资者注意投资风险。感 谢您的关注! Q7：为什么两个月了股价一直创新低，公司是否有市值管理计 划？ A：尊敬的投资者，您好！公司始终专注于提升经营质量和核心 竞争力，推动业绩稳定增长，为投资者创造长期价值。公司重视 市值管理，坚持做好信息披露质量、投资者关系管理。感谢您的 关注！ Q8：目前对于灵巧手的订单如何，市占率如何。 A：尊敬的投资者，您好！公司密切关注行业市场动态和技术发 展趋势，紧跟客户需求，把握市场机遇。感谢您的关注！ Q9：你好董秘，兆威机电预计多久能在港交所上市，有没有明 确的时间节点。 A：尊敬的投资者，您好！公司 H 股上市正常推进过程中，后续 如有进展需要披露，公司将及时在交易所指定网站披露相关内 | | 特定对象调研 □分析师会议 | | --- | --- ...

Group 1: Business Overview - The company focuses on "technology innovation services + strategic emerging industries" as its development model, emphasizing project investment and industrial application [2] - Main business areas include new materials, new energy, and digital economy, with a strategy of mergers and acquisitions to enhance high-tech subsidiaries [2] Group 2: Financial Performance - As of the end of September, the company's inventory was valued at 4.5 billion, primarily consisting of park real estate [3] - The company's asset-liability ratio at the end of Q3 2025 was 50.01%, indicating a reasonable debt structure [7] Group 3: Investment Strategy - In the first half of the year, the company completed 11 investment projects, focusing on sectors such as new energy, new materials, and advanced manufacturing [4] - The company employs a dual strategy of "incubation + acquisition" to nurture early-stage projects while seeking to acquire mature ones [5] Group 4: Market Engagement and Shareholder Relations - The company emphasizes long-term value and has increased dividend ratios and shareholder engagement to boost investor confidence [6] - The company maintains close interactions with several universities and research institutions to enhance project sourcing [8]

Group 1: Semiconductor Storage Business - The semiconductor storage business contributed revenue of 794 million CNY in the first three quarters of 2025, a significant increase of 28.68% year-on-year, accounting for 90.33% of the company's total revenue [3] - The company is focusing on optimizing product structure and implementing refined inventory management to mitigate risks associated with price fluctuations in the storage industry [4] - The company is actively pursuing LPDDR5 certification and trial production to enhance its high-performance storage chip product offerings [9] Group 2: New Energy Business - The company has completed exploration and is in the process of obtaining mining rights for its lithium project in Hunan, with a mineral resource reserve of 20.9533 million tons of associated lithium-bearing feldspar [7] - The lithium mineral (Li2O) quantity is 32,370 tons with an average grade of 0.154%, which is crucial for supplying the company's lithium carbonate project [7] - The company is advancing its lithium battery project and aims to secure mining permits as soon as possible, with progress dependent on government approvals [6] Group 3: Future Planning and Performance - The company aims to enhance its market value and shareholder returns by focusing on dual business lines: "semiconductor storage + smart terminals" and "new energy + automotive" [8] - The company plans to increase overseas promotion of its automotive products and strengthen operational management and talent efficiency [9] - Investors are encouraged to monitor the company's regular reports for updates on performance and growth [8]

Sales Performance - In the first three quarters of 2025, the company achieved external sales capacity of 18,449.70 MW, a year-on-year increase of 90.01% [2] - Sales capacity breakdown: - Units below 4 MW: 22.50 MW (0.12%) - Units between 4 MW and 6 MW: 2,550.05 MW (13.82%) - Units above 6 MW: 15,877.15 MW (86.06%) [2] Order Status - As of September 30, 2025, the total external pending orders amounted to 38,861.14 MW, with the following breakdown: - Units below 4 MW: 605.12 MW - Units between 4 MW and 6 MW: 6,596.23 MW - Units above 6 MW: 31,659.79 MW [3] - The company has an additional 11,012.73 MW in external bids not yet signed, including: - Units between 4 MW and 6 MW: 1,119.80 MW - Units above 6 MW: 9,892.93 MW [3] - Total external orders on hand: 49,873.87 MW, with overseas orders accounting for 7,161.72 MW; internal orders total 2,586.97 MW. Overall, total orders on hand reached 52,460.84 MW, reflecting a year-on-year growth of 18.48% [3] Wind Farm Operations - As of September 30, 2025, the total equity installed capacity of the company's self-operated wind farms reached 8,688 MW, with 4,062 MW under construction domestically [4] - In the first three quarters of 2025, the company added 745 MW of new equity grid-connected capacity and sold wind farm capacity of 100 MW [4] - The average utilization hours for self-operated wind farms in the first three quarters of 2025 were 1,730 hours [4] Risk Management - The company incorporates extreme weather risks into product design and planning, using advanced simulation models to enhance the stability and load resistance of key components [4] - A meteorological forecasting and warning information system is in place to monitor and provide risk alerts for wind farms [4] - Emergency response plans have been established for various extreme weather scenarios, including typhoons and floods, to ensure safety and minimize losses [4]

Growth Points - The company aims to enhance its core business, focusing on design brand development, with projected design revenue of 721 million CNY in 2024, accounting for 60.71% of total revenue, and 424 million CNY in the first half of 2025, increasing to 67.00% of total revenue [1][2] - The soft decoration business is expected to generate 261 million CNY in 2024, showing a year-on-year growth of 16.23%, and 142 million CNY in the first half of 2025, with a significant growth of 43.75% [2] - The company plans to target the high-end private art center market, focusing on personalized services for luxury residential projects, with existing cases in Shanghai and Guangzhou [2] Strategic Development - The company will continue to strengthen design brand building, expand design scale, and enhance market coverage [3] - There will be an emphasis on market expansion to attract diverse clients across various industries, including new energy, technology, finance, and consumer sectors [2][3] - The company intends to enhance research and technology application to improve management efficiency through digitalization [3] Future Plans - The company is committed to developing overseas markets and expanding its international presence [3] - There are no current transformation plans disclosed, but any future plans will be announced in accordance with regulations [4] - Shareholder information will be disclosed in regular reports, ensuring fair access to information for investors [4]

营水平和盈利能力，以良好稳定的业绩回报公司股东。感谢 您的关注，敬请投资者注意投资风险。 2、近期市场对公司估值偏低，请问管理层认为目前公 司最容易被市场误解的点是什么？ 您好，公司重视保护广大投资者的利益，与投资者保持 良好沟通，努力做好企业经营。公司股价波动受宏观环境、 大盘走势、市场情绪等多种因素影响，公司秉持高质量发展 理念，努力以优异的业绩回报股东和社会，我们相信公司的 长期价值会得到投资者的认可。未来公司将继续努力做好经 营和管理，并将持续深耕主营业务，全面推进业务出海战略， 加快全球化布局，为客户提供有竞争力的支付产品和服务解 决方案，力争以良好的经营业绩回报广大投资者，感谢您的 关注，敬请投资者注意投资风险。 证券代码： 300130 证券简称：新国都 深圳市新国都股份有限公司 投资者关系活动记录表 编号：2025-002 | 投资者关系 | □特定对象调研 □分析师会议 | | --- | --- | | 活动类别 | □媒体采访 □业绩说明会 | | | □新闻发布会 □路演活动 | | | □现场参观 | | | √其他 参加"2025 年度深圳辖区上市公司投资者网上集体 | | | 接 ...