Group 1: Company Acquisition and Development - The acquisition of Jinli Co., Ltd. is currently under review by the Shenzhen Stock Exchange, with the application documents accepted on June 12, 2025, and draft reports disclosed on July 23, September 3, and September 9, 2025 [2][3] - The company is actively promoting the acquisition process and acknowledges the existing uncertainties, advising investors to pay attention to future announcements [2][3] - The project for lithium battery composite electrolyte membrane materials is progressing as planned, with main equipment installation underway [3] Group 2: Strategic Business Expansion - The company aims to enhance its presence in the lithium battery separator sector through the acquisition of 100% equity in Jinli Co., Ltd. and associated fundraising efforts [3] - The goal is to leverage the public company platform to drive high-quality development of Jinli Co., Ltd. and improve the company's profitability and shareholder returns [3] Group 3: Product Development and Market Applications - The subsidiary Weida Optoelectronics produces a range of optical film products, including polarizers and anti-fog films, primarily for downstream display module customers [3] - These products are applied in various fields such as automotive displays, industrial control displays, OLED displays, smart home displays, and anti-fog glasses [3]

Group 1: Investor Relations Activity - The investor relations activity was conducted via an online platform on September 19, 2025, from 14:00 to 17:00 [1] - The meeting was hosted by the company's board secretary, He Junjian [1] Group 2: Key Questions and Responses - Investors inquired about a proposal from the July 23 shareholder meeting regarding the amendment of the "Rules of Procedure for Shareholders' Meetings," clarifying that it does not refer to a company name change [1] - The company confirmed that it is currently preparing refinancing materials and has not yet submitted the share issuance proposal to the Shenzhen Stock Exchange, but will expedite the application process [1]

Group 1: Aluminum Processing Business - The company has an aluminum foil production capacity of 25.5 million tons after the completion of ongoing projects [2] - The total production capacity for aluminum plate and strip is 26 million tons, with 13 million tons each from Jiangsu and Anhui bases, and an additional 13 million tons from Sichuan [2] - In the first half of 2025, the aluminum processing business achieved revenue of 2.398 billion yuan, a year-on-year increase of 12%, with aluminum foil sales slightly down by 4.7% and aluminum plate and strip sales up by 25% [2] Group 2: Functional Film Business - The functional film business focuses on high barrier films, smart conductive films, car wrap films, and energy-saving films [4] - Despite a decline in sales due to market price competition, the company improved the gross margin by adjusting the product structure [4] - Future development will target high-potential markets for functional films, including automotive smart roofs and high-end packaging [5] Group 3: Paper Packaging Materials Business - The paper packaging materials segment, primarily involving special paper products for tobacco and alcohol packaging, generated revenue of 223 million yuan in the first half of 2025, a year-on-year increase of 17% [6] - Sales volume reached 17,000 tons, reflecting a 12% year-on-year growth, with high-value specialty transfer paper products driving margin improvements [6]

Group 1: Company Overview - Huapengfei Co., Ltd. provides global logistics services, primarily serving clients in the renewable energy, new materials, oversized equipment, and 3C electronics industries [3] - The company has established wholly-owned subsidiaries in Hong Kong and Kazakhstan, with liaison offices in Almaty, Aqtau, and Belarus to support regional operations [4] Group 2: Business Strategy and Growth - The company's future focus will shift towards expanding international logistics while optimizing existing domestic logistics operations [3] - Huapengfei aims to enhance its competitive edge through direct procurement of transportation assets and a modernized fleet for cross-border logistics services [3] Group 3: Operational Insights - The average billing cycle for clients varies, with most clients having an average billing period concentrated between 45-90 days [3] - As of August 2025, there are 240 certified TIR enterprises in China according to the latest statistics from the China Road Transport Association [4] Group 4: Market Position and Competitiveness - The company integrates various social logistics resources through market-oriented methods to improve logistics operation efficiency and reduce costs [3] - Huapengfei is actively developing core operational capabilities along Central Asia, Central Europe, Central Russia, and Southeast Asia routes, maintaining an open attitude towards market exploration [4]

Group 1: Company Performance and Market Conditions - The company faces dual pressures from the real estate market downturn, impacting both engineering and retail channels [2][3] - The company’s revenue and profit are shrinking due to the declining housing market and weak consumer expectations [2] - The management emphasizes a strategy of stability and growth, focusing on product design and market expansion [2][3] Group 2: Employee Stock Ownership Plan - The employee stock ownership plan includes company employees, management, and core personnel, reflecting confidence in the company's future [3] - This initiative aims to enhance market competitiveness and promote long-term healthy development [3] Group 3: Stock Price and Market Management - The company's stock price has significantly declined, with investors experiencing losses exceeding 50% over the past two years [3] - The company is actively engaged in market value management, including share buybacks and employee stock plans [3][4] - Future dividend plans will be disclosed in accordance with legal regulations [3] Group 4: Research and Development - R&D expenditure decreased by 20.16% year-on-year in the first half of 2025, focusing on core product development [4] - The reduction in R&D spending is not expected to negatively impact product quality [4] Group 5: Financial Health - The company reported a negative operating cash flow in the first half of 2025 due to seasonal factors and prior obligations [4] - Interest-bearing debt increased by 103 million yuan, with an asset-liability ratio of 57.64%, indicating no liquidity risk [4]

Group 1: Strategic Development - The company plans to invest in a 1 million ton edible oil processing project in Weinan, Shaanxi, leveraging geographical advantages to reduce logistics costs and enhance market coverage [1] - The project aims to capitalize on the consumption upgrade opportunities in the northwest market, increasing overall operational scale [1] Group 2: Product Promotion and Sales - The company focuses on brand-oriented operations and has collaborated with various media to promote high-end products, resulting in significant sales growth [1] - High oleic rapeseed oil has gained high consumer recognition and repurchase rates, while Oriental camellia oil has performed well as a gift oil during festive seasons [1] Group 3: Dividend Policy - A long-term dividend policy for 2024-2026 has been established, reflecting the company's commitment to shareholder returns and responding to regulatory calls for regular dividends [2] - Future dividend plans will consider development strategies, capital expenditure needs, profit performance, and cash flow [2] Group 4: Product Range and Health Considerations - The company offers a diverse range of rapeseed oil products catering to different nutritional needs and cooking scenarios, including high oleic, low erucic, and flavored oils [2] - Economical options are available, such as a 6.18L package of pure rapeseed oil, along with specialized products for health-conscious consumers [2]

Group 1: Financial Performance - As of June 30, 2025, the company's debt-to-asset ratio is 37.11% [2] Group 2: Strategic Plans - The company is studying the injection of quality road assets to enhance the scale of its highway industry, based on experiences from peers in the industry [2] - There are currently no plans to acquire additional shares of Dongguan Securities [2] Group 3: Market Value Management - The company places high importance on market value management, focusing on improving operational performance and increasing dividend levels [2] - The company will continue to engage in investor relations activities through performance briefings and institutional communications, in accordance with regulatory guidelines [3]

Group 1: Investor Relations Activity - The investor relations activity was conducted remotely, targeting all investors [2] - The event took place on September 19, 2025, from 15:30 to 17:00 [2] - The hosting platform for the event was Panoramic Network [2] Group 2: Company Representatives - The chairman, Wang Qingyun, participated in the event [2] - The general manager, Zhang Xinyu, was also present [2] - The vice general manager and board secretary, Zhu Haihua, attended [2] - The responsible person for the event was Tan Jingjun [2] Group 3: Key Discussion Points - Inquiry about the timeline and progress of the targeted stock issuance to specific groups [2] - The company stated that the stock issuance process has not yet advanced and will comply with information disclosure regulations if there are any updates [2]

华天酒店集团股份有限公司投资者关系活动记录表 | □ | 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：2025 年湖南辖区上市公司投资者网上集体接待日活动 | | 参与单位名称及 | 投资者网上提问 | | 人员姓名 | | | 时间 | 年 月 日 (周五) 下午 2025 9 19 14:30~17:00 | | 地点 | 公司通过全景网"投资者关系互动平台"（https://ir.p5w.net）采 | | | 用网络远程的方式召开 | | 上市公司接待人 | 董事会秘书：谢彩平 | | 员姓名 | 证券事务代表：魏欣 | | | 1、请问湘超联赛会增加本公司的餐饮住宿收入吗？ | | | 答：尊敬的投资者，您好！公司积极捕捉"湘超"的市场需 | | | 求，目前公司旗下部分酒店已成为湘超联赛观赛球迷和参赛队员 | | | 的住宿及餐饮服务承接单位，同时，线上平台也已同步销售湘超 | | | 联名产品，预计对公司收入有一定的带动，具体以公 ...

Group 1: Marketing and Sales Strategy - The company adheres to a "big product, all-channel" development strategy, focusing on differentiated strategies for traditional and emerging channels to enhance terminal coverage [2] - Marketing expenses will be directed towards core channel displays and brand recognition, both online and offline, to adapt to changing consumer trends [3] - The company aims to strengthen channel construction and enhance service capabilities to ensure sustainable development across various channels [3] Group 2: Financial Performance - In the first half of the year, the company achieved revenue of CNY 1.124 billion and a net profit of CNY 112 million [7] - The company is implementing a share repurchase plan to stabilize stock prices amid market fluctuations [3] - The company’s gross margin is under pressure due to rising raw material costs, particularly for anchovies and quail eggs [4] Group 3: Research and Development - The company maintains high R&D investment, focusing on health-oriented products such as low-salt and preservative-free snacks [3] - New product launches include DHA-rich deep-sea fish and antibiotic-free quail eggs, aimed at enhancing market competitiveness [3] - The company is developing differentiated products to meet channel demands, including popular items like "Jingmen Explosive Belly" and "Zhou Shuangshuang" crispy marinated peanuts [3] Group 4: International Expansion - The company has established an international trade department to expand into over 30 countries, including Japan, Korea, and Southeast Asia [6] - The overseas revenue growth rate exceeded 40% in the first half of the year, although the base remains small [6] - The company is focusing on key regions and product categories for market development in international markets [6] Group 5: Competitive Positioning - The company is addressing industry competition in poultry products by upgrading to high-end, differentiated products like antibiotic-free quail eggs [7] - The market feedback for these new products is positive, with plans to expand their reach across more channels [7] - The company aims to leverage its core channels to enhance market scale and counteract negative impacts from industry price wars [7]