浙江永太科技股份有限公司 投资者关系活动记录表 编号：2025-04 | 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 | | 活动参与人员 | 华福证券：邓伟、游宝来 | | | 山西证券：肖索 | | | 国泰基金：钱晓杰 | | | 榕泉资本：蔡超逸 | | | 董事、副总经理：金逸中 | | | 董事会秘书、副总经理：张江山 | | | 证券事务代表：王英 | | 时间 2025 | 年 5 月 29 日 | | 地点 | 公司会议室 | | 形式 | 现场调研 一、公司的基本情况 | | | 公司成立于 1999 年，并于 2009 年上市，总部位于 | | | 浙江省台州市，是一家全球领先的含氟精细化学品制造 | | | 商，是行业内少数几家横跨无机及有机氟化工行业的企 | | | 业。以含氟技术为核心，公司已经覆盖的业务包括新型 | | 交流内容及具体问答记 | 材料（新能源锂电及氟化液材料）、医药、植物保护及 | | 录 | 贸易业务等，且在上述行业公 ...

编号：2025-003 | 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 （电话会议） | | 参与单位名称及 | 西部证券、摩根基金、人保养老、华泰柏瑞、万家基金、华 | | 人员姓名 | 泰资管、长盛基金、城旸投资、工银瑞信、宏利基金、招商 | | | 基金、西南证券 | | 时间 | 年 月 日-5 月 日 2025 5 22 29 | | 地点 | 电话会议 | | 上市公司接待人 | 公司高级副总裁盛海先生、董事会秘书李坤先生、副总裁窦 | | 员姓名 | 颖辉先生、学术总监程联胜先生 | | | 公司与投资者就相关问题进行了沟通，整理如下： | | | 问 年度的经营目标？ 1：公司 2025 | | | 答：2025 年公司的整体经营目标是实现恢复性增长，继 | | 投资者关系活动 | 续保持公司稳定健康发展的态势。公司将积极加强学术推 | | 主要内容介绍 | 广，提升水针的销售占比，推动生长激素的恢复性增长；中 | | | 药板块自去年 ...

Group 1: Investor Relations Activity - The investor relations activity was conducted on May 29, 2025, at the headquarters meeting room [2] - Three investors participated in the event, including representatives from Ping An Asset and Tianfeng Securities [2] Group 2: Main Content of the Activity - Investors engaged in discussions regarding industry conditions, brand matrix, and terminal sales [2] - The company ensured compliance with the information disclosure management system, maintaining the accuracy and completeness of disclosed information [2] - Investors signed a commitment letter as required by the Shenzhen Stock Exchange during the on-site investigation [2]

证券代码：301295证券简称：美硕科技 浙江美硕电气科技股份有限公司 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姓名 财通证券 黄梦龙 时间 2025年05月29日 15:00-16：00 地点 线上 上市公司接待人员姓名 董事长 黄晓湖 董事会秘书、副总经理 章理远 1.请简单介绍一下公司2024年的经营情况。 公司2024年营业收入为63,306.04万元，同比增长18.77%，营业 收入增长主要系公司积极开拓市场及客户；实现归属于上市公司股 东的净利润2,729.79万元，同比减少37.08%，净利润有所下滑，主 要系原材料涨价及部分产品客户端降价影响。资产总额为12.55亿 元，同比增长5.91%。 2.请问公司2024年分产品收入情况如何？ 2024年公司通用继电器收入约50,400万元，汽车继电器收入约 2,300万元，磁保持继电器收入约4,900万元，流体电磁阀收入约 4,600万元。 | 投资者关系活动主要内容 | | | --- | --- | | 介绍 | 3.202 ...

Group 1: Overseas Business Development - The company has been focusing on international business for over 20 years, covering more than 120 countries, with significant investments in emerging markets like those along the "Belt and Road" initiative [1] - Recent dealer summits have been successfully held in regions such as Indonesia and the Middle East, with a recent summit in South Africa and upcoming events planned for Latin America [1] - Europe is a key market for the company, particularly for growth in new products and unmanned equipment, while Latin America has seen rapid growth in Brazil and Mexico [1] Group 2: Financial Performance and Cost Management - The company has achieved positive operating cash flow since 2018, with a reported operating cash flow of 600 million in 2024, and an adjusted figure of around 1 billion after excluding litigation-related impacts [4] - Management and sales expense ratios are high due to the costs associated with international expansion, but there is ongoing optimization, leading to a gradual decrease in expense ratios [2] - The pre-tax profit margin has significantly improved compared to previous years, indicating better cost control and operational efficiency [2] Group 3: AI and Product Development - The integration of AI technology with private networks is seen as a necessary trend, with the company positioning itself as a leader in this area [3] - The company has developed AI-driven command and dispatch products that enhance predictive capabilities for emergency responses, with successful deployments in regions like Guangxi and Sichuan [3] - Future developments will include more intelligent terminals and equipment, such as drones and autonomous vehicles, as the company continues to explore AI applications [3] Group 4: Market Challenges and Revenue Trends - The first quarter of the year saw a revenue decline due to the previous year's high performance and a normalization of the EMS business, which is affected by industry trends [8] - The company anticipates that first-quarter revenue typically accounts for 10-15% of annual revenue, with a stable order backlog and plans for increased investment in new business development [8] - Despite external challenges, the company has set a steady growth target for the year, with an expectation of a slight decrease in overall expense ratios [8] Group 5: Competitive Advantages - The company boasts strong customer response, service, and technical iteration capabilities, positioning itself as a leader in the specialized communication sector [7] - Continuous expansion of marketing channels and partnerships is aimed at enhancing market penetration and customer reach [7] - The company is focused on diversifying its product offerings to leverage existing channels for new growth opportunities [7]

Group 1: Financial Performance - In Q1 2025, the company's revenue and profit declined due to factors such as the Spring Festival holiday and delayed project acceptance, resulting in a temporary year-on-year decrease [1] - New contracts signed in Q1 2025 amounted to 1.755 billion CNY, representing a year-on-year increase of 5.80%, indicating a continuation of growth in hand contracts from 2024 [1] Group 2: International Business and Orders - The company focuses on overseas markets along the "Belt and Road" initiative, with significant growth in new orders from industries such as pulp and paper, food fermentation, environmental protection, and new energy materials [2][3] - In 2024, new orders in the pulp and paper sector reached 3.199 billion CNY, a year-on-year increase of 86.96%, accounting for 37.13% of total new orders [4] - In Q1 2025, new orders in the pulp and paper sector were 840 million CNY, a year-on-year increase of 97.32%, making up 47.90% of total new orders [4] Group 3: Impact of Tariffs and Market Strategy - The company's overseas business is primarily in industrial engineering, with no direct short-term impact from U.S. tariff policies; however, long-term effects may arise if domestic exporters are affected [3] - The company plans to enhance operational efforts and focus on major clients while leveraging digital technologies to improve service levels [3] Group 4: Digital Transformation and Innovation - The company is advancing its digital transformation projects, including the "Haisense Cloud" platform, which enhances collaboration and optimizes construction processes [6] - The company aims to strengthen its digital solutions and capitalize on AI technology to drive high-quality development in the light industry [7] Group 5: Shareholder Value and Market Management - Following the issuance of market value management policies by regulatory bodies, the company has implemented several initiatives, including a restricted stock incentive plan and a cash dividend plan of 144 million CNY for 2024 [10] - The company has maintained a focus on high-quality development, with revenue and profit reaching historical highs in 2023, and continues to enhance operational efficiency and profitability [10]

哈尔滨电气集团佳木斯电机股份有限公司 投资者关系活动记录表 编号：2025-04 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） 活动参与人员 华泰证券 刘俊、孔祥熙、李燕。 时间 2025 年 5 月 28 日 地点 公司会议室 形式 线下调研 交流内容及具体问答 记录 详见附件。 关于本次活动是否涉 及应披露重大信息的 说明 否 活动过程中所使用的 演示文稿、提供的文 档等附件（如有，可 作为附件） 无 附件：佳电股份机构调研问答列表 答：面对复杂波动的市场环境，传统行业市场需求量不及预期，各电机企 业为抢夺订单，纷纷以低价抢夺市场，公司业绩有所下降，但未来面对安全生 产法规趋严、"双碳"目标普及的形势下，公司具有核心竞争力优势，公司获 得节能认证、防爆认证等多项认证，且公司一级能效电机、主氦风机、核用电 机等多项产品均具有行业前沿技术优势。同时，公司扩建了主氦风机成套产业 化项目等，提高了公司产能，公司未来会持续努力抢抓市场、加快科技研发、 提高国产化替代速度，创造更好的业绩回报投资者。 三、公司一级能效 ...

| 投资者关系活动 | □分析师会议 ☑特定对象调研 | | | --- | --- | --- | | 类别 | □业绩说明会 □媒体采访 | | | | □路演活动 □新闻发布会 | | | | □现场参观 | | | | □其他 （请文字说明其他活动内容） | | | 参与单位名称及 | 中泰证券：袁泽生 | | | 人员姓名 | | | | 时间 | 2025 年 月 29 日星期四 | 5 | | 地点 | 公司会议室 | | | 上市公司接待人 | 董事会秘书：黄丽 | | | 员姓名 | 证券事务代表：张晨曦 | | | | 1、公司董事会秘书黄丽女士介绍了目前公司情况。 | | | | 2、投资者提问关于目前公司汽车业务、电气业务、航空业务 | | | | 及核防护业务发展情况，董事会秘书黄丽女士介绍了公司四大 | | | 投资者关系活动 | 主营业务的技术发展情况及业务的发展现状。 | | | 主要内容介绍 | 3、投资者提问关于目前公司相关业务发展优势，公司董事会 | | | | 秘书回复，公司在长期的发展过程中逐渐形成了产品材料数据 | | | | 库、模具设计开发、标准化流程管理等多方 ...

Group 1: Market Trends - In 2024, total automobile sales in China are projected to reach 31.436 million units, a year-on-year increase of 4.5%, with new energy vehicle sales expected to hit 12.866 million units, growing by 35.5% [2] - The penetration of smart driving and autonomous driving technologies is increasing, leading to higher user demands for in-car displays in terms of quality, resolution, size, and quantity [2] - The market for in-car displays is anticipated to experience rapid growth, driven by the adoption of Mini-LED display technology and an increase in the number of screens from a single central display to multiple types [2] Group 2: Company Positioning - The company is a leading player in Mini-LED backlight display technology, possessing significant advantages in technology reserves, patents, and mass production capabilities [2] - The company aims to leverage its first-mover advantage in Mini-LED technology to accelerate business development [2] Group 3: Consumer Electronics Demand - The consumer electronics sector is showing signs of recovery, with the company’s mobile phone, tablet, and notebook businesses gradually improving and gaining recognition from major clients such as BOE, TCL Huaxing, and others [3] - The company’s profitability in the consumer electronics segment is on the rise, supported by its strong quality and technological capabilities [3] Group 4: Technological Innovation Strategy - The company adheres to a "technology-driven" business philosophy and focuses on core products while increasing R&D investment through a "1+2+N" diversified layout [3] - New projects in Mini-LED technology are being developed, including ultra-thin high-color-gamut display modules and innovative solutions for automotive applications [3] - The company is advancing LIPO process innovations and developing new OLED technologies to enhance its competitiveness in the OLED display market [3] - The company is also exploring new product technologies in response to the AI+ trend, including AI glasses and AR optical systems [3]

Group 1: Company Overview and Financial Performance - Ningbo Zhenyu Technology Co., Ltd. specializes in precision progressive stamping molds and downstream precision components, with a comprehensive manufacturing system [1][2] - In 2024, the company achieved a revenue of CNY 7.129 billion, a year-on-year increase of approximately 18.45%, and a net profit of CNY 254 million, up about 494% [2] - The revenue from lithium battery components reached CNY 4.24 billion, a growth of 30%, while the motor core revenue was CNY 1.51 billion, a decline of about 12% [2] Group 2: Business Strategy and Development - The company has established a subsidiary focused on the design and manufacturing of precision components for humanoid robots, leveraging its expertise in ultra-precision manufacturing [1][2] - The strategic framework is described as "one body, two wings, and four dimensions," indicating a diversified approach to growth [2] - The company plans to build a fully automated production line for planetary roller screws in 2025, enhancing production consistency and scalability [5][7] Group 3: Risk Management and Future Outlook - The company warns that the growth in emerging industries, such as robotics, may involve significant investment risks due to long development cycles and market uncertainties [1][4] - Despite the promising growth in the lithium battery sector, the company anticipates that the revenue contribution from robotics will remain small in the near term [7][8] - The management expects continued revenue growth across all business units in 2025, driven by domestic economic recovery [8] Group 4: Operational Efficiency and Cost Management - The company has improved operational efficiency through refined management practices, resulting in a decrease in employee numbers while increasing revenue [4] - The first quarter of 2025 saw a revenue of CNY 1.793 billion, a year-on-year increase of approximately 24.24% [2] - The company is focused on enhancing cash flow management, with expectations of improvement in operating cash flow due to better profitability and receivables management [7]