Group 1: Retail Channel Development - The company focuses on refining retail channel operations, emphasizing the "store efficiency doubling project" to empower distributors and enhance retail revenue [1] - The project has shown significant improvements in store efficiency, with plans to expand from pilot stores to a broader range of outlets [1] Group 2: Operational Strategy - The company aims to drive overall channel growth through retail channel expansion while systematically exploring growth paths in engineering, home decoration, and e-commerce [1] - A dual approach of product and marketing strategies is being implemented to enhance product strength and optimize sales structure, which is expected to improve gross margins [1] Group 3: International Market Expansion - The company is actively pursuing international strategies, establishing partnerships with local distributors and expanding its store presence overseas [2] - Online sales are being boosted through overseas e-commerce platforms, although the contribution of international business to overall revenue remains low [2] Group 4: Impact of National Subsidy Policies - The company is leveraging national subsidy policies to optimize sales structure, which has positively impacted gross margins [2] - The clarity of subsidy policies influences operational strategies, but the ongoing refinement of management practices is deemed more critical [2]

Group 1: Financial Performance and Challenges - The company is currently facing insufficient profitability in its main business, resulting in continuous losses and a reduction in production scale [2] - The average conversion efficiency of the company's mass-produced HJT batteries has reached over 26%, with the highest power of self-developed high-efficiency HJT 0BB modules reaching 781.97W [3] - The company has not received any notifications regarding shareholder reduction plans and will comply with information disclosure obligations [3] Group 2: Acquisition and Restructuring - The termination of the acquisition was due to a failure to reach an agreement on core terms, including the transaction price [4] - The voting results for the termination of the acquisition were: 4 votes in favor, 0 against, and 3 abstentions [3] - The company commits to not planning any major asset restructuring within one month following the termination of this transaction [5] Group 3: Future Strategies and Market Outlook - The company will continue to focus on HJT battery technology and seek development opportunities to enhance operational performance [4] - The implementation of national policies aimed at promoting healthy development in the photovoltaic industry is expected to lead to a rise in product prices and profitability [4] - The company will actively monitor related opportunities for future acquisitions, supported by external policy environments [5]

证券代码：300629 证券简称：新劲刚 广东新劲刚科技股份有限公司 投资者关系活动记录表 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 □其他（请文字说明） 参与单位名称 佛山市上市公司协会：吴慧涛、李展鹏、秦瑜娜 中国中金财富证券有限公司：罗玉滢、陈传路、梁楚蓥、曾一 佛山市格睿斯威材料有限公司：雷孝兴 九江昆泰股权投资基金管理有限公司：陈新星 四方光电股份有限公司：庞润华 深圳市明华信德私募证券基金管理有限公司：蔡焕 松山创业投资（深圳）有限公司：吴德有 广州市摩星岭控股有限公司：董琳、温文俊 上海尚颀投资管理合伙企业（有限合伙）：宋明 广州起点投资有限公司：修铭阳 广州安托科技发展有限公司：曾宇 广东凯鼎投资有限公司：甄义勇 广东集成富达基金管理中心（有限合伙）：胡奋 宁波市盛源纺织品有限公司：陈延恩 广东信展私募基金管理有限公司：梁杰霖 佛山市卓富企业信息咨询有限公司：胡正萱 佛山中创企业上市孵化基地有限公司：刘桉彤 美的控股有限公司：张斌 佛山市思汗新材料有限公司：高东 佛山衍生品文化传播有限公司：王 ...

Group 1: Company Overview - The company focuses on high-precision navigation and positioning technology, developing a comprehensive range of hardware and software products and services [1][2] - It has established itself as a leading enterprise in the domestic high-precision navigation industry and a mainstream player globally [1][2] - The company has developed a complete technology chain from hardware to algorithms and industry solutions, covering various sectors including land, sea, air, and indoor applications [1][2] Group 2: Core Business Segments - The company operates three main business segments: precise spatiotemporal perception equipment, Beidou high-precision industry applications, and intelligent driving and navigation control [2][3] - It provides high-precision positioning products and solutions for passenger vehicles, agricultural machinery, and construction machinery [3][4] Group 3: Intelligent Driving and Navigation Control - The company offers products for intelligent driving, including high-precision positioning antennas and control units, achieving over 100% year-on-year revenue growth in this segment [5][6] - It has successfully implemented its products in various automotive brands, including Geely and Xpeng, facilitating mass production and delivery [5][6] Group 4: Agricultural and Construction Machinery Control - The company has developed navigation systems for agricultural machinery that achieve real-time guidance with an accuracy of 2.5 cm, significantly improving operational efficiency [3][6] - In construction machinery, it has created systems for real-time guidance and control, successfully applied in major projects across various sectors [6][7] Group 5: Precision Spatiotemporal Perception Equipment - The company provides high-precision measurement solutions for industries such as natural resources and construction, achieving millimeter and centimeter-level measurement accuracy [7][8] - It has developed a series of products for hydrological monitoring and environmental analysis, supporting national emergency response and resource management projects [7][10] Group 6: Beidou High-Precision Industry Applications - The company offers a comprehensive solution integrating Beidou high-precision positioning technology with cloud computing and IoT for various industries [9][10] - It has developed monitoring systems for natural resources and transportation, enhancing disaster awareness and response capabilities [9][10]

Sales Performance - In September 2025, BYD sold 396,270 vehicles, bringing the total sales from January to September to 3,260,146 vehicles [1] - Cumulatively, BYD has sold over 13.8 million new energy vehicles [1] Technological Advancements - BYD launched the revolutionary Super e-platform, featuring fast-charging batteries, a 30,000 RPM motor, and a new generation of automotive-grade silicon carbide power chips [1] - Achieved a peak charging power of 1 MW (1000 kW), with the fastest mass production charging speed of 5 minutes for 400 km [1] - The single motor power reaches 580 kW, with a top speed exceeding 300 km/h, defining the world's strongest professional pure electric platform [2] International Presence - At the Munich Auto Show on September 8, 2025, BYD showcased its high-end brand Tengshi with seven key models, including Tengshi Z9GT and D9, along with its megawatt fast-charging technology [3] - BYD launched an official certified used car program at the Munich Auto Show, ensuring vehicles undergo 179 strict inspections and battery health is guaranteed to be above 90% [3] Market Expansion - In August 2025, BYD partnered with Finnish dealer Veho Group to enhance its sales and service network in Finland, planning to add retail outlets in major cities [4] - Since entering the Finnish passenger car market in 2023, BYD has introduced 8 models, covering both pure electric and hybrid vehicles [4] - On August 27, 2025, BYD officially entered the Argentine market, marking a significant milestone in the country's automotive industry's transition to electrification [5] - The first round of exclusive pre-sales in Argentina includes models such as Yuan UP, Song PRO DM-i, and Seagull [6]

证券代码：301252 证券简称：同星科技 浙江同星科技股份有限公司 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 | □新闻发布会 □路演活动 | | | □现场参观 □其他 | | 参与单位名称及人 | 华西证券 喇睿萌 | | 员姓名 | 人保养老 于天宇 | | 时间 | 年 月 日上午 2025 10 15 | | 地点 | 公司会议室 | | 上市公司接待人员 | 董事会秘书：梁路芳 | | 姓名 | 证券事务代表：潘晨曦 | | | 1、公司的换热器产品有哪些优势？ | | | 答：公司的换热器产品优势在于：1、拥有齐全的产品种类，能随 | | | 时配合客户需求实现柔性化生产，生产的换热器管径规格从 到 5mm | | | 15.88mm 不等，展现出卓越的工艺适应性与市场响应速度；2、公司深 | | | 耕换热器行业多年，不仅具备丰富的技术经验积淀，更致力于在既有 | | | 优势上进行前瞻性研发，以技术创新驱动产品迭代，构筑核心竞争壁 | | 投资者关系活 ...

证券代码：300753 证券简称：爱朋医疗 江苏爱朋医疗科技股份有限公司 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 | | --- | --- | --- | --- | --- | --- | | 投资者关系活动 | 媒体采访 | | | | 业绩说明会 | | 类别 | 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 | 信达证券胡琎心，信达证券王哲毓，南方基金王艺文，平安基金李清 斌，中银基金赵建忠，前海开源基金张安华，长盛基金洪靖怡，国联 | | | | | | 人员姓名 | 基金杜伟，中信资管魏巍，中信资管唐天，华夏久盈资管于海申，上 | | | | | | | 海东方证券资管江琦，太平资产管理赵洋等 人 13 | | | | | | 时间 | 2025 年 月 日 | 10 | 15 | 10:00-11:00 | | | 地点 | 网络电话会议 | | | | | | 上市公司接待人 | 董事会秘书叶俞飞先生，证券事务代表黄秀秀女 ...

Company Overview and Financial Performance - Ningbo Zhenyu Technology Co., Ltd. specializes in the R&D, design, production, and sales of precision progressive stamping molds and downstream precision structural components [1] - In the first half of 2025, the company achieved revenue of CNY 4.047 billion, a year-on-year increase of approximately 29.17% [2] - Net profit attributable to shareholders reached CNY 211 million, up about 60% year-on-year; non-recurring net profit was CNY 198 million, reflecting a growth of approximately 65% [2] - Operating cash flow for the first half of 2025 was CNY 174.39 million, with Q2 cash flow reaching CNY 222.24 million [2] - Revenue from precision structural components was approximately CNY 3.2 billion, a year-on-year increase of 28.59%, with a gross margin increase of 1.62% [2] - Mold revenue was CNY 231 million, showing a year-on-year growth of about 15%, with a stable gross margin above 50% [2] Future Outlook and Strategic Initiatives - The company plans to establish a subsidiary focused on humanoid robots and precision component manufacturing, leveraging its advanced technology in ultra-precision mechanical parts [1] - The growth in emerging industries is expected to have a long development cycle, with initial revenue contributions being relatively small [1] - The company aims to optimize product structure and deepen its presence in high-end markets for sustainable development [2] Market and Risk Considerations - The company’s overseas revenue proportions over the past three years were 2.22%, 2.96%, and 1.9%, indicating limited direct impact from recent U.S. tariff adjustments [2] - The trade war may have indirect effects on global economic growth, potentially impacting demand for large consumer goods [2] - The humanoid robot industry is still in its infancy, with the company’s main business revenue exceeding CNY 4 billion in the first half of 2025, while related business contributions remain small [5] Product Development and Client Engagement - The company has made significant progress in the development of linear actuators and precision components for humanoid robots, achieving third-generation product iterations that reduce weight by 22.5% and lower surface temperatures by 13% [4] - The company has established connections with major domestic and international clients for its linear actuator modules and precision components, although current revenue from these products is still minimal [5] - The company emphasizes the importance of R&D to enhance core competitiveness and aims to increase market share among existing clients while exploring new customer opportunities [2]

证券代码：000591 证券简称：太阳能 中节能太阳能股份有限公司 投资者关系活动记录表 编号：2025-15 | 特定对象调研 | □分析师会议 | ☑ | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 投 | 资 | 者 | 关 | □媒体采访 | □业绩说明会 | 系 | 活 | 动 | 类 | | 别 | □新闻发布会 | □路演活动 | | | | | | | | | □现场参观 | | | | | | | | | | | □其他 | | | | | | | | | | | 参 | 与 | 单 | 位 | 中金证券 | 刘佳妮、刘卓睿、王璐 | 名 | 称 | 及 | 人 | | 东方资管 | 秦绪文、张昊睿 | 员姓名 | | | | | | | | | 时间 | 年 | 月 | 日 | （周二）上午 | 10：00~11：10 | 2025 | 10 | 14 | | | 地点 | 电话会议 | | | | | | | | | | 公 | 司 | 接 | 待 | 董事会办公室（法律风控部 ...

证券代码：002024 证券简称：ST 易购 苏宁易购集团股份有限公司投资者关系活动记录表 编号：20251014 | | □特定对象调研 □分析师会议 | | --- | --- | | 投资者关系活动 | □媒体采访 □业绩说明会 | | 类别 | □新闻发布会 □路演活动 | | | √现场参观 | | □其他 | | | 参与单位名称及 | 德邦基金：刘敏 | | 人员姓名 | 西部证券：于佳琦、韩朗讯、田地 | | 时间 | 2025 年 10 月 14 日 15:00 | | 地点 | Suning Max 南京淮海路店 | | 公司接待人员姓 | 王以生：南京淮海路店店总 | | 名 | 会议内容： | | | 投资者参观了公司 Suning Max 南京淮海路店，了解了门店基本 | | 投资者关系活动 | 情况、客流、用户画像、营销策略、各品牌销售、用户对各品牌的认 | | 主要内容介绍 | 知感受、苏宁帮客及苏宁 freind 的服务、国补影响等方面内容。 | | | 交流过程中，公司严格按照《信息披露管理制度》等规定，保证 | | | 信息披露的真实、准确、完整、及时、公平，没有出现未公开 ...