证券代码:300818 证券简称:耐普矿机 编号:2025-001 答：目前处于市场推广阶段，前期毛利率会较低。随着市场接 受度的认可、渗透率的提升，将带动公司备件整体毛利率的提高。 5、锻造衬板市场的前景如何？预计未来几年会给公司带来多 大的业绩增量？ 江西耐普矿机股份有限公司 投资者关系活动记录 | | 特定对象调研 | | 分析师会议 | | | --- | --- | --- | --- | --- | | 投资者关系活 | 媒体采访 | | 业绩说明会 | | | 动类别 | 新闻发布会 | | 路演活动 | | | | 现场参观 | | 一对一沟通 | | | |  其他（线上交流） | | | | | | 中天汇富基金 | 古道和 | 上海国际信托 | 徐建春 | | | 泓德基金 | 郑祺鑫 | 长安国际信托 | 胡少平 | | | 睿道投资 | 荣令睿 | 慎知资产 | 李浩田、陈 | | | | | | 增博 | | | 尚诚资产 | 向红旭 | 三登投资 | 倪娜 | | | 德若私募 | 罗采奕 | 耕霁投资 | 黄梦可 | | | | | | Penny | | | ...

Group 1: Industry Outlook and Growth Drivers - The demand for AI-driven servers, data storage, and high-speed network infrastructure is expected to grow, alongside the increasing electrification, intelligence, and connectivity of vehicles, creating opportunities for industry development [1][4]. - Emerging application fields are anticipated to further drive growth in the PCB market, with artificial intelligence, high-speed networks, and automotive electronics (EV and ADAS) being key growth drivers [3][5]. Group 2: Company Performance and Strategy - The company’s revenue from direct exports to the U.S. is less than 5%, with the majority of products exported to Southeast Asia, minimizing exposure to tariffs [1][6]. - The company maintains a normal production operation, with orders aligning with overall industry demand, indicating a stable performance [3][5]. - The company is focusing on technology innovation and a diversified customer structure to maintain resilience and competitive advantage in a complex environment [2][7]. Group 3: Future Capacity and Production - The company is increasing R&D investment and focusing on key and bottleneck processes, expecting effective capacity improvements in the second half of 2025 [1][4]. - The Thailand production base has entered the trial production phase, which will gradually develop into large-scale production capabilities [1][4].

Financial Performance - In 2024, the company achieved a revenue of CNY 44.211 billion, representing a year-on-year growth of 29.56% [2][4] - The net profit attributable to shareholders was CNY 1.753 billion, with operating cash flow of CNY 4.021 billion [4] - AI terminal hardware-related business revenue reached approximately CNY 40.731 billion, growing by 32.75% year-on-year [5][7] Business Transformation and Strategy - The company successfully transitioned from a product manufacturing expert to a solution provider, becoming a global leader in AI terminal hardware manufacturing [2] - For 2025, the strategic focus is on "strategic determination and solid foundation," emphasizing innovation and international development [2][16] - The company aims to enhance its core competitiveness by creating an integrated smart manufacturing platform that combines lean, digital, automated, and green practices [3][16] Market Expansion and Product Development - The company is expanding its overseas market presence and enhancing profitability, with 58 production and service locations globally [13] - In the AI terminal sector, significant progress was made in areas such as AI glasses, XR wearables, and thermal management solutions [5][6][9] - The imaging display business saw a revenue increase of 103.32%, reaching CNY 11.270 billion in 2024 [5] Robotics and Automation - The company has been actively investing in automation and robotics, particularly in humanoid robots, with over 400 patents accumulated [9][10] - The product layout includes core technologies for servo motors, reducers, and controllers, aiming to become a manufacturer of complete robotic systems [10][12] Industry Outlook - The AI terminal market is expected to focus more on application scenarios, solutions, and service integration, with new terminal forms emerging rapidly [14] - The integration of AI technology in consumer electronics is anticipated to drive innovation and a new wave of product upgrades [6][14]

| 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 □一对一沟通 | | | ☑ 其他（电话会议） | | 参与单位名称及人员 | 东证资管-江琦、马庆华，东方证券-赵博宇 | | 姓名 | | | 时间 | 年 月 日星期四 2025 4 3 | | 地点 | 集团总部办公大楼 | | 上市公司接待人员 | 证券事务代表-李孟珏，投资者关系管理-杨可欣、张昱，信息 | | | 披露岗-余洋 | | 投资者关系活动主要 | 了解公司生产经营情况等相关问题 | | 内容介绍 | | | 附件清单 | 会议记录 | 1 / 1 投资者调研会议记录表 编号：07-2504-02 云南白药集团股份有限公司 ...

云南白药集团股份有限公司 投资者：东证资管-江琦、马庆华，东方证券-赵博宇 参加人员：证券事务代表-李孟珏，投资者关系管理-杨可欣、张 昱，信息披露岗-余洋 会议内容 1、请介绍一下公司 2024 年经营情况。 答：2024 年，公司克服外部环境剧烈变化带来的挑战，聚焦制 药核心，通过全产业链、全价值链、全生产要素的卓越运营，保持强 劲增长。报告期内，实现营业收入 400.33 亿元，较上年同期增长 2.36%； 实现归母净利润 47.49 亿元，较上年同期的 40.94 亿元同比增长 16.02%；扣非归母净利润 45.23 亿元，较上年同期的 37.64 亿元同比 增长 20.18%，创历史新高。 投资者调研会议记录 时间：2025 年 4 月 3 日 地点：集团总部办公大楼 召开方式：电话调研 4、请介绍一下公司的分红情况。 从成长质量来看，报告期内公司经营性现金流净额为 42.97 亿元， 较上年同期增长 22.68%；加权平均净资产收益率 11.99%，较上年同 期提升 1.48 个百分点；基本每股收益 2.66 元/股，较上年同期增长 16.16%。与此同时，公司业务结构持续优化，工业收入占营业收 ...

答：目前，公司自主研发的谐波磁场电机技术已成功开发 并应用于物流系统的滚筒电机产品，已逐步进入量产爬坡周 期。在汽车领域，随着汽车设计的创新，新的电机技术方案已 经开始在对扭矩要求较高的部位尝试应用，但目前量产规模相 对较少，这一技术尚未实现大规模应用。展望未来，从电机技 术的视角来看，新的应用场景和新的性能要求可能成为推动新 技术普及的关键。 问题三：谐波磁场电机技术未来在清洗业务方面的是否会应 用? 答：传统清洗业务在技术革新的需求上以持续改善为主， 目前尚无颠覆性革新需求。这主要是因为传统方案技术较为成 熟，对功率密度等核心技术指标的要求变化不大，导致新技术 的应用需求相对较少。但在高级别自动驾驶场景下，清洗传感 器的核心需求产生了根本性差别，未来对新技术应用存在较多 变化，不排除将相关技术应用于清洗业务的产品。 问题四：请问公司清洗业务方面的展望? 证券代码：300969 证券简称：恒帅股份 宁波恒帅股份有限公司 投资者关系活动记录表 编号：2025-007 | | 特定对象调研 □分析师会议 | | --- | --- | | 投资者关系活动类 | □媒体采访 □业绩说明会 | | 别 | □新闻 ...

西子清洁能源装备制造股份有限公司投资者关系活 动记录表 （2025-04-07） 证券代码： 002534 证券简称：西子洁能 编号：2025-008 | 投资者关系活 | ☑特定对象调研 □ 分析师会议 | | --- | --- | | 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 线上交流会 | | 参与单位名称 | 德邦证券研究员：金晓溪、宋康泰； | | 及人员姓名 | 泰信基金研究员：曲奕丞； | | | 民生加银研究员：李由； | | | 光大保德信研究员：尚凌楠； | | | 华泰自营投资经理：詹寿明； | | | 西部利得研究员：毛振强； | | 时间 | 2025 年 04 月 07 日 | | 地点 | 公司会议室 | | 上市公司接待 | 董事会秘书：鲍瑾 | | 人员姓名 | 投资者关系管理专员：孟雪瑶 | | | 1、 公司基本情况及主要业务介绍？ | | 投资者关系活 | 公司于 1955 年建厂，2002 年加入西子电梯集团，2011 年深交所挂牌上市， | | 动主要内容介 | 2022 年更名为西 ...

Group 1: Company Performance and Financials - In 2024, the company achieved a net profit of CNY 653 million, a year-on-year increase of 44.32% [1] - Earnings per share reached CNY 0.6108, up 30.29% compared to the previous year [1] - Total assets amounted to CNY 26.713 billion, reflecting a 24.40% year-on-year growth [1] - Shareholder equity was CNY 7.362 billion, with an 11.88% increase year-on-year [1] - The weighted average return on equity was 9.18%, up 0.96% from the previous year [1] Group 2: Production Capacity and Product Lines - The company has an annual production capacity of 1.56 million tons of urea, 1.26 million tons of diammonium phosphate, 720,000 tons of PVC, and 690,000 tons of caustic soda [2] - The company is the largest producer of seasonal products like urea and diammonium phosphate in Asia, with significant market share [9] Group 3: Strategic Initiatives and Projects - The company is implementing a strategic upgrade and transformation plan, including the construction of a fluorosilicon industrial park and the shutdown of unprofitable PBAT operations [1][2] - Ongoing projects include the relocation and upgrading of various production facilities, such as a 200,000 tons/year phosphoric acid project and a 40,000 tons/year phosphoric fertilizer project [2] Group 4: Market Position and Competitive Advantages - The company has established a stable sales network in international markets, including Japan, South Korea, and Southeast Asia, with a premium pricing strategy [3] - The company benefits from a circular economy model, integrating upstream and downstream operations to reduce costs and enhance profitability [8] - The company has a strong brand presence, with its "Yihua" brand recognized as a national famous trademark [14] Group 5: Future Plans and Shareholder Returns - The company plans to distribute a cash dividend of CNY 2 per 10 shares, totaling approximately CNY 217 million, which represents 33.18% of the net profit for 2024 [6] - A three-year shareholder return plan has been established, aiming for annual cash dividends of no less than 30% of the net profit [7] Group 6: Environmental and Technological Commitment - The company is committed to ecological and green development, investing in environmental protection and clean production technologies [13] - The company has developed 393 patents, including 75 invention patents, and collaborates with 16 universities and research institutions to enhance technological innovation [11]

股票代码：000877 股票简称：天山股份 天山材料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 参与单位名称及 人员姓名 参加中国建材集团有限公司上市公司集体业绩说明会的全 体投资者 时间 2025 年 4 月 3 日 地点 线下：上海证券交易所 线上：1."互动易"平台"云访谈"栏目 （https://irm.cninfo.com.cn/） 2.上证路演中心平台 （https://roadshow.sseinfo.com/） 上市公司接待人 员姓名 赵新军、李雪芹 投资者关系活动 主要内容介绍 2025 年 4 月 3 日公司在上海证券交易所参加了中国建 材集团有限公司上市公司集体业绩说明会，与投资者进行 交流的主要内容如下： 一、介绍公司经营概况 2024 年，水泥行业受下游地产投资缩减和基建工程项 目放缓等多重因素影响，全年水泥市场价格行情总体呈现 "上半年低迷徘徊、下半年逐步回升、波动较为频繁"的复 杂走势特征。公司经营情况与行业发展相匹配，2024 年公 司外销水 ...

证券代码：002080 证券简称：中材科技 中材科技股份有限公司投资者关系活动记录表 编号：2025-002 A：随着全球对可持续发展和可再生能源的重视，对清洁能源 的需求不断增加，近年来，全球可再生能源发展势头强劲，可 再生电力占比逐年增长，风电行业也在这种背景下持续增长， 行业未来具备长期的成长空间。 去年，国内风电中标量创了历史新高，对今年国内风电行 业的需求有着很强的支撑，我们判断同比增幅较大；同时海外 需求也呈现出加速增长的态势。从我们目前的排产及出货情况 看，也进一步印证了需求的强劲。 | 投资者关系活动 | □特定对象调研□分析师会议 | | --- | --- | | 类别 | 业绩说明会 □媒体采访  | | | □新闻发布会路演活动 | | | □现场参观 | | | □其他 | | 参与单位名称及 | 参加中国建材集团有限公司上市公司集体业绩说明会的全体投 | | 人员姓名 | 资者 | | 时间 | 年 月 日（星期四）下午 2025 4 3 14:00-17:30 | | 地点 | 上 海 证 券 交 易 所 、深 圳 互 动 易 平 台 " 云访谈 " | | | 栏 目（ h ...