Group 1: Company Overview and Product Lines - Giant Lifting Equipment Co., Ltd. is engaged in the development of deep-sea mooring technology, focusing on key technical bottlenecks in marine engineering equipment [2][3] - The company has established three main product lines: single-strand permanent mooring steel wire ropes, mooring fiber cables, and deep-sea mooring system accessories [3][4] - The company aims to enhance its industrialization and scale effects in the deep-sea mooring sector, establishing a wholly-owned subsidiary in Tianjin to support this goal [3] Group 2: Market Position and Competitive Advantages - Since 2023, the company has obtained multiple DNV factory recognition certificates, marking its transition from providing single mooring products to offering comprehensive long-term mooring solutions [4] - The company is the only enterprise with complete mooring system design and manufacturing capabilities, positioning it uniquely in the deep-sea mooring market [4][5] - The cost of mooring systems is significant in floating wind turbine projects, and the company’s lightweight and easy-to-install products are expected to be optimal choices for future industrialization and cost reduction [4] Group 3: Expansion and Future Plans - The company has established a wholly-owned subsidiary in Henan, which is expected to enhance production capacity and support the Tianjin subsidiary with quality raw materials [5][6] - The Henan subsidiary's first phase has fully released its production capacity, while the second phase is undergoing equipment debugging, expected to enter trial production by the end of the year [6] - The company has built stable sales channels with over 100 countries and regions, and has obtained certifications from eight national classification societies to facilitate international market expansion [6]

Financial Performance - In the first three quarters of 2025, the company's operating revenue reached ¥749,208,450.93, representing a year-on-year increase of 3.24% [2] - The net profit attributable to shareholders was ¥163,219,495.34, showing a significant year-on-year growth of 173.36% [2] - The net profit after deducting non-recurring gains and losses was -¥1,856,071.61, indicating a decline of 103.42% compared to the previous year [3] Product Development in Optical Communication - The main optical communication products currently in mass production include MTP/MPO fiber jumpers, high-density fiber jumpers, fiber array components, and conventional fiber jumpers [4] - The company plans to enhance R&D investment and improve technical capabilities to maintain competitiveness in the optical communication sector [4] MPC Product and Applications - MPC (Metal PIC Coupler) provides high-density optical connection solutions for emerging onboard and co-packaged applications, designed to reduce transmission loss and enhance system efficiency [5] - MPC-related products have passed customer certification and are currently in the NPI stage, with small-scale production expected to begin mid-next year [5][6] Production Base in Vietnam - The production base in Vietnam has commenced operations, with an expected output value of ¥500 million by next year [7] - The company plans to invest part of the raised funds into building an intelligent manufacturing base in Vietnam, projected to achieve an output value of ¥700 million upon full production [7] - Once all production bases in Vietnam are fully operational, the total expected output value will reach ¥1.2 billion [7] Acquisition Progress - The company is in the process of acquiring Hengyang Data, with updates provided in response to the Shenzhen Stock Exchange's inquiries [8] - The acquisition involves a commitment to achieve a cumulative net profit of no less than ¥300 million over three years, with annual targets of ¥90 million, ¥100 million, and ¥110 million for 2025, 2026, and 2027 respectively [12] Future Growth Points - Hengyang Data's focus on AI computing centers, cloud computing data centers, and edge computing infrastructure is expected to drive future growth [10] - The data processing business is also expanding, with products aimed at network visualization and comprehensive solutions successfully sold in Southeast Asia, the Middle East, and Africa [11]

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 交银施罗德基金：孔祥睿；华创证券：樊翼辰 时间 2025 年 12 月 11 日 地点 公司行政三号会议室 上市公司接待 人员姓名 董事会秘书：杨柳絮 证券事务代表：肖莉 证券事务经理：吕明 投资者关系活 动主要内容介 绍 投资者与公司代表互动交流问答 1.请简要介绍下公司国内冰箱柜产业的经营计划 答：公司冰箱国内市场深度推进"营销转型、用户直达"战 略，围绕"高质量客户运营、全方位用户运营"开展工作，以差 异化创新加速产品结构升级零售转型。产品端全面推动多款 M 鲜 生产品上市，围绕"保鲜最好、品质解冻"的心智种草，强化"美 菱保鲜好"的品牌标签，聚焦大鲸喜、大冻房、小确杏等独特价 值差异化产品推广。市场端以用户为中心，紧抓"上平台、下三 进、评三优、推精品"用户运营工作，强化团队流量运营培训， 持续提升新媒体能力。渠道端坚持高质量运营，夯实存量渠道基 础能力，强化新兴渠道布局，核心大店加速零售转型，注重单品 及存货效率提升，加快强化产业 ...

Group 1: Company Overview - The company primarily engages in the research, production, and sales of injection-molded products and precision injection molds, operating as a national high-tech enterprise and a "specialized and innovative" small giant enterprise [1] - The main products are widely used in consumer electronics, toys, daily necessities, automotive parts, and medical devices [1] Group 2: Customer Concentration Risk - Logitech Group represents a significant portion of the company's major clients, and the company mitigates customer concentration risk through deep involvement in Logitech's supply chain and ensuring product quality and production stability [2] - The company has established a good reputation in the industry, which aids in acquiring new clients and reducing reliance on a few major customers [2] Group 3: Product Development - The "Little Donkey Companion" product focuses on providing travel cultural content and utilizes AI recognition and 3D modeling technologies for applications in scenic areas [3] - The product aims to support AR glasses with features like 3D modeling, positioning, and object recognition to enhance tourist experiences [3] Group 4: Business Expansion - The company aims to maintain steady growth in traditional injection molding while actively expanding into the automotive parts market, with key clients including Minth Group and Joyson Electronics [4] - The company is committed to high-quality development and enhancing shareholder value through effective market management and investor relations [5] Group 5: International Expansion - The construction of the Vietnam factory is a significant step in the company's overseas strategy, with phase one already in production and phase two progressing steadily [6]

证券代码：000539、200539 证券简称：粤电力 A、粤电力 B 广东电力发展股份有限公司投资者关系活动记录表 1 编号：2025014 | 投资者关系活动 | □特定对象调研 □分析师会议 | | --- | --- | | 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 （投资者线上提问） | | 时间 | 年 月 日 2025 12 11 | | 地点 | 线上交流 | | 参与单位名称及 | 公司投资者 | | 人员姓名 | | | 上市公司接待人 | 副总经理、财务负责人、董事会秘书 刘维 | | 员姓名 | 证券事务代表 黄晓雯 | | | 问题一：查询公司截至 月 日的股东人数 11 10 | | | 截至 年 月 日，公司股东总户数为 户，其中 股 2025 11 10 103,767 A | | 投资者关系活动 | 股东总户数为 70,942 户，B 股股东总户数为 32,825 户。 | | | 问题二：查询最新的股东户数 | | 主要内容介绍 | 截至 年 月 日，公司股东总户数为 户，其中 股 2025 11 ...

Group 1: Investor Relations Activity Overview - The investor relations activity involved a telephone conference with 4 investors from Xingzheng Asset Management [2] - The meeting took place on December 11, 2025, at the company's headquarters [2] Group 2: Discussion Topics - Investors inquired about industry conditions, terminal sales, self-operated store planning, e-commerce status, national treasures, product structure, and dividend planning [2] - The company ensured compliance with the "Information Disclosure Management System," maintaining the accuracy and completeness of disclosed information [2]

Production Capacity and Planning - The current annual production capacity of PA6 chips is 145,000 tons, with a planned additional capacity of 210,000 tons by 2027, including 140,000 tons from IPO funding and 70,000 tons from self-financing [1] - The company has 14 BOPA film production lines with a total capacity of 145,000 tons, with plans to add 40,000 tons in the Quanzhou base and 90,000 tons in Indonesia by 2027 [2] Market and Customer Insights - In the first half of 2025, overseas revenue accounted for over 50% of total sales, indicating significant growth in international markets [3] - The company has established a strong overseas marketing team, covering key regions such as Europe and Southeast Asia, which supports market expansion after the establishment of production capacity in Indonesia [7] Product Development and Technology - The first BOPP film production line was launched in November 2025, with a second line expected in late 2026, focusing on thin and ultra-thin film products [4] - BOPP film production lines are expected to have an annual capacity of approximately 24,000 tons, depending on product thickness, with a total of nine lines planned [4] Raw Material Supply and Industry Barriers - The supply of electrical-grade polypropylene remains low in domestic production, with the company sourcing materials from overseas suppliers [5] - The BOPP capacitor film industry has high entry barriers due to the quality of raw materials and the maturity of production technology, which are critical for product performance [5] Customer Base and Sales Growth - Recent sales growth has been driven by both existing and new customers, with a focus on increasing coverage of small and medium-sized clients [6] - The company benefits from stable demand from large enterprises, which helps optimize production scheduling and capacity utilization [6] Environmental Initiatives - BOPLA, a biodegradable film material made from polylactic acid, offers strong biodegradability and physical strength, making it suitable for various applications while supporting sustainability goals [8][9] - BOPA film materials provide excellent barrier properties, extending the shelf life of products and reducing the need for additives, making them ideal for food and consumer goods [9]

Group 1: Company Overview and Market Position - The company is a significant manufacturer of electrical connectors in the aerospace sector, with a strong project history and technical expertise [3] - It actively participates in national aerospace projects, focusing on low-cost solutions and enhancing industrial capabilities [3] - The company aims to expand its product offerings in commercial aerospace, including RF connectors, high-speed connectors, and optical components, to increase the value per satellite [3] Group 2: Strategic Development and Innovation - The company has a long-term R&D investment strategy aimed at transitioning from a component supplier to a system solution provider [3] - It has achieved advancements in integration, high power, lightweight, and cost-effective solutions for its products [3] - Future R&D will focus on emerging fields such as commercial aerospace, low-altitude economy, and artificial intelligence [3] Group 3: Quantum Technology and Policy Compliance - The company is exploring quantum technology applications, having pre-researched RF transmission systems suitable for quantum computing [4] - It is committed to adhering to provincial policies that support high-quality development, aligning its capital market strategy with these regulations [4] - The company emphasizes transparent communication with investors and compliance with information disclosure regulations [4]

Group 1: Company Overview - The company operates in three main sectors: special products, automotive parts, and strategic emerging industries [2] - Special products include light weaponry, with global exports to dozens of countries, focusing on modernization through mechanization, informatization, and intelligence [2] - The automotive parts sector includes components like connecting rods and braking systems, with a leading market share in connecting rods and partnerships with top domestic and international manufacturers [2] Group 2: Strategic Initiatives - The strategic emerging industries focus on civil firearms, anti-terrorism equipment, training systems, and advanced materials, aiming to accelerate development in new energy vehicles and optical information [3] - The company is committed to enhancing its capabilities in advanced weaponry and expanding into new domains to improve operational effectiveness [3] Group 3: Financial and Shareholder Information - The company will comply with disclosure regulations regarding annual performance forecasts, with mandatory disclosures if performance meets certain thresholds by January 31 of the following year [3] - As of December 10, 2025, the number of shareholders is reported to be 84,500 [3] - The company anticipates the release of restricted shares on January 4, 2026, with no current plans for major shareholder reductions [3]

Group 1: Business Overview - The company focuses on providing advanced system solutions and lifecycle services in the energy and power sectors, with products including compressors and heat exchangers, covering a temperature range of -271°C to 200°C [3] - Key applications of products span various industries, including food processing, cold chain logistics, industrial refrigeration, and HVAC systems for commercial and industrial use [3] Group 2: Financial Performance - The low-temperature refrigeration segment experienced a slight decline in revenue in the first three quarters, with the decline rate narrowing each quarter; however, the special air conditioning and thermal management segments showed year-on-year growth [4] Group 3: Data Center Applications - The company’s subsidiaries provide cooling equipment for data centers, including liquid cooling systems, with significant projects completed for major clients such as the National Supercomputing Center and various banks [4][6] - The Dunham-Bush company has a 131-year history and is recognized in the HVAC industry, with products included in the national green data center technology catalog [4] Group 4: Nuclear Power Sector - The company is actively involved in the nuclear power sector, focusing on core applications such as nuclear island cooling and heat recovery, with successful implementations in multiple nuclear power stations across China [6][7] - Innovations include a no-power cooling system for the safety shell and technologies for nuclear heating and long-distance heat supply [7] Group 5: Thermal Management and Carbon Neutrality - The company is committed to thermal management solutions, particularly through industrial heat pumps, and has been recognized as a national-level specialized "little giant" enterprise [8][9] - Technologies developed for waste heat recovery and carbon capture are expected to become essential under new government policies aimed at carbon neutrality [9] Group 6: Solid Oxide Fuel Cell (SOFC) Development - Since 2022, the company has collaborated with Xi'an Jiaotong University on SOFC technology, achieving significant advancements in output characteristics and integration techniques [10] Group 7: HRSG Products - The company’s joint venture, Yantai Modern Ice Wheel Heavy Industry Co., has a competitive edge in the global market for heat recovery steam generators (HRSG), with projected revenues exceeding 700 million in 2024 [10]