| 上海鼎澄投资 | 霍炜 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 上海方御投资 | 朱俊 | | | | | | | | | | | 申万菱信基金 | 杨扬 | | | | | | | | | | | 山金资产 | 吴志斌 | | | | | | | | | | | 睿亿投资 | 耿耘 | | | | | | | | | | | 康达新能源 | 王平 | | | | | | | | | | | 盘京投资 | 王震 | | | | | | | | | | | 中银国际证券 | 苏凌瑶、周世辉 | | | | | | | | | | | 东莞证券 | 刘梦麟 | | | | | | | | | | | 博时基金 | 许炯东、何海怡 | | | | | | | | | | | 鼎和保险 | 赵远飞 | | | | | | | | | | | 德邦基金 | 袁之渿 | | | | | | | | | | | 华源地产 | 邓力 | | | | | | | | | | | 长江机 ...

Financial Performance - In 2024, the company achieved a total revenue of 362 billion CNY and a net profit of 50.7 billion CNY, representing a year-on-year growth of 15% [2] - The comprehensive gross margin increased to 24.4%, up by 5.3 percentage points year-on-year [2] - Operating cash flow reached 97 billion CNY, with cash reserves exceeding 300 billion CNY at the end of the period [2] Market Position - The company maintained its leading position in the power battery and energy storage battery markets, with a global market share of 37.9% in power batteries and 36.5% in energy storage batteries in 2024 [2][3] - The company has ranked first in global power battery usage for eight consecutive years and in energy storage battery shipments for four consecutive years [2] Growth Expectations - The domestic electric vehicle market is expected to reach an electrification rate of 80%-90% by 2030, with a strong growth trend anticipated [4] - The European market is also projected to grow rapidly, supported by competitive vehicle models and favorable policies [4] - The energy storage market is expected to benefit from new supportive policies and maintain good growth rates in the U.S. and Europe [4] Product Development - The company is innovating with new products like the Shenxing and Kirin batteries, with expected shipment proportions increasing from 30%-40% to 60%-70% in 2025 [4] - The company is developing second-generation sodium batteries, which are nearing performance parity with lithium iron phosphate batteries [8] Operational Efficiency - The company's capacity utilization rate improved by 20% in the second half of 2024, reaching an annual rate of 76.3% [11] - The company is actively managing inventory levels, with an increase attributed to longer logistics times due to rising overseas orders [15] Strategic Investments - The company is investing in strategic partnerships, such as with Jiangxi Shenghua, to enhance cooperation in lithium battery materials [16] - The Hungarian factory is progressing well, with the first phase expected to produce modules by the end of 2025 [18]

编号：2025-003 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（线下交流会） 参与单位名称及 人员姓名 1. 开源证券 2. 东吴证券 3. 中信建投证券 4. 海通证券 5. 华夏基金 6. 国寿养老 7. 嘉实基金 8. 大家保险 9. 银华基金 10. 国联基金 11. 华商基金 12. 中石化资本 13. 观富资产 14. 明德投资 15. 辰禾投资 时间 2025 年 3 月 11 日至 3 月 14 日 地点 北京 上市公司接待人 员姓名 公司副总裁兼董事会秘书梁冰女士 投资者关系活动 主要内容介绍 （一）简要介绍公司业务及基本情况 （二）回答提问主要内容 1、公司子公司科大立安推出了消防机器人产品，请问是 否有机器狗灭火产品？ 答：公司推出了消防机器人产品，有机器狗灭火产品。公 司全资子公司科大立安的"空地一体化"智能灭火平台推出四 足灭火机器狗，采用机器狗执行火源探测、设备运输及定点灭 火等多重任务，以"环境实时检测"与"复杂地形攻坚"为核 心，突破室内火场救援瓶颈，实现"人机协同、安全高效"的 灭火新模式。 ...

Group 1: Company Performance Overview - Total assets increased from CNY 74.18 billion at the end of 2023 to CNY 92.65 billion at the end of 2024, a growth of 24.90% [1] - Net assets rose from CNY 56.64 billion at the end of 2023 to CNY 62.65 billion at the end of 2024, reflecting a growth of 10.61% [2] - Sales volume of negative materials surged from 140,900 tons in 2023 to 216,500 tons in 2024, marking a significant increase of 53.65% [2] - Operating revenue grew from CNY 43.91 billion in 2023 to CNY 52.29 billion in 2024, a year-on-year increase of 19.10% [2] - Net profit attributable to the listed company increased from CNY 7.23 billion in 2023 to CNY 8.38 billion in 2024, representing a growth of 15.97% [2] Group 2: Future Plans and Strategies - The company plans to distribute a cash dividend of CNY 8.00 per 10 shares (tax included), pending shareholder approval [2] - Continuous increase in R&D investment to drive technological and process innovation, shifting from cost leadership to technology leadership [2] - Strengthening cooperation with existing quality customers while developing new clients [2] - Focus on high-quality construction of new production capacity projects both domestically and internationally [2] - Ongoing enhancement of corporate governance and management levels [2] Group 3: Production Capacity Expansion - The company began construction of the "annual production of 100,000 tons of lithium battery negative material integration project" in Hebei, with gradual production starting in December 2024 and reaching full capacity by March 2025 [4] - Plans to build a 200,000 tons annual production capacity project in Jinzhong, Shanxi, and a 50,000 tons project in Malaysia, with construction expected to start in the third quarter of 2025 and completion by 2026 [5] - By 2027, the effective production capacity of artificial graphite negative materials is projected to exceed 500,000 tons [5] Group 4: Product Development - The company has made significant progress in the research and development of silicon-carbon negative materials, with three mature products already developed and samples sent to select customers [6] - The focus is on gas-phase deposition technology and in-depth research on porous carbon preparation and equipment selection to prepare for large-scale production [6]

证券代码：300296 证券简称：利亚德 利亚德光电股份有限公司投资者关系活动记录表 编号：2025-04 | | ■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 | □新闻发布会 □路演活动 | | 别 | ■现场参观 | | | □其他（电话会议） | | 参 与 单位 | 郭其伟 华福证券 | | 名 称 及人 | 詹小瑁 华福证券 | | 员姓名 | 金凤 上海亥鼎云天私募基金 | | 时间 | 2025 年 3 月 14 日 16:00-18:00 | | 地点 | 会议室 | | 上市公司 | 刘阳 董事会秘书兼副总经理 | | 接待人员 | | | 姓名 | | | | 一、参观公司展厅，讲解公司主要产品类型及其应用场景，近距离感受 | | | 视效科技对人类生产生活带来的改变； | | | 二、 介绍公司的基本情况，包括发展历程、战略规划、业务布局、项目 | | | 案例、产品及技术优势等； | | | 三、 回答投资者问题 | | 投 资 者关 | 1、LED 显示行业目前竞争格局如何？ | | 系 活 动主 ...

Group 1: Company Performance Overview - In 2024, the company achieved total revenue of 17.907 billion CNY, a year-on-year increase of 32.39% [1] - Net profit attributable to shareholders reached 1.878 billion CNY, up 34.29% year-on-year [1] - Non-recurring net profit was 1.740 billion CNY, showing a significant growth of 74.34% [1] Group 2: PCB Business Insights - PCB business revenue was 10.494 billion CNY, a growth of 29.99%, accounting for 58.60% of total revenue [1] - PCB gross margin improved to 31.62%, an increase of 5.07 percentage points [2] - Key growth drivers included demand from high-speed communication (400G and above), AI servers, and automotive electronics [2] Group 3: Packaging Substrate Business - The packaging substrate business generated revenue of 3.171 billion CNY, a 37.49% increase, representing 17.71% of total revenue [1] - Gross margin for this segment decreased to 18.15%, down 5.72 percentage points due to rising raw material costs and fluctuating market demand [3] Group 4: R&D and Capacity Utilization - R&D investment for 2024 was 1.272 billion CNY, constituting 7.10% of total revenue [7] - PCB business capacity utilization remains high due to sustained demand in computing and automotive electronics [8] - The company is expanding production capacity in Shenzhen, Wuxi, Nantong, and Thailand to meet market needs [9] Group 5: Product Development and Market Trends - The company has developed FC-BGA packaging substrates with production capabilities for up to 16 layers and sample production for 18 and 20 layers [4] - The Guangzhou packaging substrate project is in the early stages of ramp-up, focusing on capacity building [5] - PTFE materials are being explored for high-frequency PCB applications, with existing products in communication and automotive ADAS sectors [10]

国投智能（厦门）信息股份有限公司 投资者关系活动记录表 1 / 5 编号：2025-03-02 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 共计 62 名投资者参与交流，参会人员名单详见附件。 时间 2025 年 3 月 16 日 15:30-16:30 主办地点 厦门市软件园二期观日路 12 号国投智能大厦 上市公司 接待人员姓名 赵建强 国投集团特级专家、国投智能人工智能研究院院长 高碧梅 国投智能 董事会秘书 投资者关系活动 主要内容介绍 1.请解读一下《人工智能生成合成内容标识办法》的含义和落 地情况。 答：感谢您的提问。人工智能技术快速发展，为生成合成文字、 图片、音频、视频等信息提供了便利工具，海量信息得以快速生成 合成并在网络平台传播，在促进经济社会发展的同时，也产生了生 成合成技术滥用、虚假信息传播扩散加剧等问题，引发社会各界的 关注关切。《人工智能生成合成内容标识办法》（以下简称《标识 办法》）聚焦人工智能"生成合成内容标识"关键点，与《互联网 信息服务深度合成管理规定》《生成式人工智能服 ...

证券代码：000731 证券简称：四川美丰 3.目前国内车用尿素市场竞争格局是怎样的？ 目前国内车用尿素行业的企业数量众多，竞争较 为激烈，市场集中度相对较低。原材料价格波动、市 场竞争格局、环保监管力度等都可能对行业的发展产 生影响。据中国内燃机工业协会统计，2024 年全国 车用尿素消费量约 340 万吨。随着环保监管趋严，排 放标准升级，车用尿素的市场需求仍有进一步提升空 间。公司将充分发挥自身在车用尿素领域的质量技术 优势和品牌影响力，加强市场渠道建设和销售模式创 新，进一步提升市场占有率。 4.公司对投资者的回报规划情况？ 公司高度重视对投资者的合理投资回报，积极保 护投资者的合法权益。长期以来，公司严格执行相关 法律法规及《公司章程》规定，结合经营状况、现金 流水平、未来投资规划等因素，制定并实施合理的利 润分配方案。未来将继续在兼顾可持续发展与股东利 益的原则下，严格遵守《上市公司现金分红》及深交 所规范运作的相关规定，审慎合理制定分红政策，为 投资者提供持续、稳定的现金分红，积极回报股东。 5.公司后续是否还有回购股份计划？ 自 2021 年以来，公司分别于 2021 年、2023 年、 20 ...

| | □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 | | | □新闻发布会 □路演活动 | | 类别 | ☑ 现场参观 | | | □其他 (请文字说明其他活动内容) | | 参与单位名称及 | 个人投资者：贺行平、秦承泉、史平波 | | 人员姓名 | | | 时间 | 2025 年 3 月 15 日 | | 地点 | 浙江美硕电气科技股份有限公司 | | 上市公司接待人 | 董事会秘书 章理远 | | 员姓名 | | | | 1、简要介绍公司情况？ | | | 公司 2007 年 2 月成立，2023 年 6 月 28 日于深圳证券交易所 | | | 创业板正式上市，公司的主营业务为继电器类控制件及其衍生执 | | | 行件流体电磁阀类产品的研发、生产及销售。产品主要包括通用 | | | 继电器、汽车继电器、磁保持继电器、新能源继电器、通讯继电 | | | 器及流体电磁阀等，应用于家用电器、智能家居、汽车制造、光 | | 投资者关系活动 主要内容介绍 | 伏逆变器、充电桩、智能电表、工业控制和通讯设施等领域。 | | | 2、公司在 20 ...

Group 1: Company Overview - The company, Guangdong Haida Group Co., Ltd., reported a 9% year-on-year growth in total feed sales for 2024, surpassing the industry average [2][3] - The poultry and aquaculture feed segments achieved double-digit growth, while pig feed sales experienced a slight decline [2][3] Group 2: Strategic Planning - The company aims to enhance its core capabilities and expand its scale in the feed business, which is its primary focus [3] - The second core business includes breeding and animal health, with plans to invest more resources to expand product varieties, regions, and scale [3] - The company is exploring a light-asset pig farming model and industrialized shrimp farming, which will become key future business areas [3] Group 3: Market Insights - The price of common freshwater fish has been on an upward trend since the beginning of the year, while prices for specific varieties have shown some differentiation [4] - The recent price increase for common freshwater fish is attributed to a prolonged period of low prices and significant capacity reduction in 2023 [5] Group 4: Customer Structure and Adaptation - The company is adapting to the trend of smallholders exiting the pig farming market by enhancing its capabilities and adjusting its customer structure [7] - The focus is on developing partnerships with family farms that have strong farming advantages and profitability, as well as targeting medium to large-scale farming companies [7] Group 5: International Expansion - The company has set a target to achieve 7.2 million tons in overseas feed sales by 2030, employing targeted market expansion strategies in different regions [8] - Factors influencing overseas market selection include population size, stable development environment, rich farming resources, and potential demand for protein [8] Group 6: Risk Management - The company employs foreign exchange hedging to mitigate risks associated with currency and interest rate fluctuations [8]