证券代码：002886 证券简称：沃特股份 深圳市沃特新材料股份有限公司投资者关系活动记录表 编号：2025-01 | 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 | | | 参与单位名称 | 国金证券、中信证券、中金公司、长江证券、申万宏源证券、民 | | | | 生证券、天风证券、国泰君安证券、开源证券、国联证券、东北 | | | | 证券、西部证券、德邦证券、华福证券、华西证券、中国银河证 | | | | 券、中邮证券、长城证券、东海证券、博时基金、华夏基金、广 | | | | 发基金、工银瑞信基金、博道基金、瑞达基金、海南鸿盛基金、 | | | | 海南盛熙基金、上海涌乐基金、金信基金、华安基金、方正富邦 | | | | 基金、路博迈基金、深圳一诺基金、中电海康基金、太平养老保 | | | | 险、华夏财富投资、浦银理财、华宝信托、闻天私募、广东正圆 | | | | 私募、成都玉竹私募、博观私募、北京 ...

从技术变革看，新能源、数智化技术应用将重塑汽车产业格 局。下一代电池正成为产业竞争制高点，产业化进程加快。 新能源只是序章，数智新汽车才是真正的未来，5G、芯片等 技术群突破，推动汽车产业向数智化快速转型，重塑研产供 销运全价值链。商业模式、产品形态、营销模式、生产方式 等，都会呈现新生态。未来的新汽车将拥有类人架构、人类 智慧和超人能力。从前瞻布局看，低空经济是风口，陆海空 一体化出行生态成大势所趋。未来，飞行汽车将在产品端、 系统端、运营端孕育一个新的、庞大的生态网络。 三、请问公司在新能源领域有何规划？ 答：公司将持续以阿维塔、深蓝汽车、长安启源三大新 能源品牌为依托，构建竞争优势。产品方面，未来 5 年，面 向全球推出六座中大型 SUV、MPV 等 50 款全新数智产品。坚 定不移打造全球化大单品，打造 5 款以上 30 万台级产品， 以绝对量的领先拉动整个上下游伙伴的高质量发展。技术方 面，加快完成下一代电池装车验证，2030 年实现量产。 四、请问公司在数智化领域有何规划？ 证券代码：000625、200625 证券简称：长安汽车、长安 B 重庆长安汽车股份有限公司投资者关系活动记录表 编号：20 ...

Group 1: Market Outlook - The global container trade growth rate is projected to maintain at 2.8% in 2025 according to Clarksons [2] - Long-term factors such as trade volume growth, supply chain diversification, and increased container transport mileage will drive new demand [3] Group 2: Offshore Engineering Performance - In the first three quarters of 2024, the offshore engineering segment's revenue increased by 77.75% year-on-year [3] - New orders signed in the offshore segment reached $3.25 billion, with a total order backlog valued at $7.4 billion by the end of Q3 2024 [3] Group 3: North American Vehicle Market - The North American semi-trailer market is experiencing supply-demand dynamics, with the company's vehicle business outperforming the industry and increasing market share [3] - The company plans to enhance its "cross-ocean operation, local manufacturing" model and optimize its global supply chain management [3] Group 4: Shipbuilding Orders - CIMC Anwei's shipbuilding business, focusing on small and medium-sized gas carriers, has seen a significant increase in orders, with total new orders amounting to RMB 10.8 billion in 2024 [3] - The current order backlog for CIMC Anwei stands at approximately RMB 17.4 billion, indicating strong market competitiveness and growth potential [3]

Group 1: Company Overview and Strategic Partnerships - Yuyue Medical is a leading Chinese home medical device company with a strong product matrix and scalable production capabilities [4] - The company has established a strategic partnership with Inogen, a global leader in portable oxygen concentrators, to enhance resource sharing in technology development and distribution networks [3][4] - Yuyue Medical aims to leverage its extensive marketing network to expand Inogen's presence in the Asian market, particularly in Southeast Asia [4][6] Group 2: Product Development and Market Expansion - The collaboration with Inogen will focus on joint research and development of respiratory products, including both stationary and portable oxygen concentrators [6][8] - Yuyue Medical plans to introduce a diverse range of products under the Inogen brand in China and select Southeast Asian countries, with potential expansion to additional products and regions [4][8] - The company is committed to exploring new market opportunities and operational models in Europe and North America for its respiratory product line [8][10] Group 3: Financial Projections and Performance Outlook - Inogen anticipates a 6% year-over-year increase in revenue for 2024, indicating a recovery phase in its business operations [7] - The new management team at Inogen is expected to positively influence the company's performance through strategic planning and operational improvements [7] - Yuyue Medical's established market presence and brand recognition in China are expected to support Inogen's growth in the Asian market [4][6]

Group 1: Investor Relations Activity Overview - The investor relations activity was a network meeting held on January 25, 2025, with participation from multiple securities and asset management companies [3] - The meeting was attended by the board secretary, Mr. Tang Hualin [3] Group 2: Performance Insights - The company's performance in 2024 exceeded expectations due to increased consumer health awareness and the popularity of konjac products, leading to a 61% year-on-year increase in sales volume of konjac food products in the first three quarters [4] - The increase in sales volume contributed more significantly to profit growth compared to price increases, with overall sales volume growth being the primary driver [5] Group 3: Market Trends and Pricing - The rise in konjac raw material prices in 2024 is attributed to market supply and demand dynamics, with expectations of sustained demand due to positive consumption policies [6] - The company employs a cost-plus pricing strategy, with price adjustments communicated to downstream customers in advance [11] Group 4: Product Development and Capacity - The company has established production capacity for konjac leisure foods at 10,000 tons and plans to expand konjac crystal ball production capacity from 5,000 tons to 30,000 tons [12][14] - In 2024, the production of konjac crystal balls is expected to increase by 60% compared to the previous year [13] Group 5: Brand and Market Expansion - The company is focusing on B2B markets, with plans to promote its self-owned brand "Molege" in regional markets and e-commerce channels [15] - There is significant potential for expanding partnerships, as the company currently collaborates with only 4 out of the top 20 tea chain enterprises [16]

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 国金证券 倪赵义，华夏基金 袁诗林、乌焕强 时间 2025 年 1 月 23 日 14:30-17:00 地点 一、公司 612 会议室；二、徐工体验厅。 上市公司接待人 员姓名 李栋、刘敏芳 交流内容及具体 问答记录 一、互动交流 （一）对明年出口市场预计？ 答：公司预计海外市场继续保持良好态势，出口收入依然能保持较好的增 长。首先，对国产品牌来说海外市场具有成长性特征，海外市场需求持续释放； 其次，随着国产产品品质的不断提升，国内企业在海外的渠道布局的日趋完善， 服务后市场建设的提速，国产品牌综合竞争力在提升，海外市场渗透率在提高； 再次，从在主要区域市场占比情况看，大部分产品仍有很大的提升空间；最后， 国内重点企业纷纷调整全球产能规划，落地本地化战略，加速全球化布局。总 体来说，十四五期间，国产品牌行业海外市场销量有望保持增长趋势，是工程 机械行业的重要增长点。 （二）出口产品结构？ 答：2024 年上半年，公司出口产品及占比主要为：土方机 ...

Group 1: Company Overview and Product Breakdown - The company primarily engages in the research, manufacturing, sales, and service of various types of machinery, including earthmoving machinery (28% revenue, ¥139 billion), lifting machinery (20.34% revenue, ¥101 billion), concrete machinery (10.39% revenue, ¥52 billion), and aerial work machinery (9.12% revenue, ¥45 billion) [2][3]. Group 2: Domestic Market Outlook - The company observes positive signs in the domestic market, particularly in earthmoving machinery, which has shown consistent growth. The long-term outlook remains optimistic due to the government's "two-step" strategy [2][3]. Group 3: Export Market Expectations - The company anticipates continued growth in the overseas market, driven by the increasing demand for domestic brands and improvements in product quality. The international revenue for the first three quarters of 2024 accounted for 46.7% of total revenue [3][4]. Group 4: Export Product Structure - In the first half of 2024, the export product structure was as follows: earthmoving machinery (38%), lifting machinery (26%), mining machinery (8%), and road machinery (7%) [4]. Group 5: Mining Machinery Status - The company's mining machinery segment is a burgeoning industry, ranking first domestically and among the top five globally. The revenue breakdown includes mining excavators (over 35% revenue) and mining trucks (nearly 50% revenue) [4].

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 招商信诺 刘延波、易方达基金 郑涛岳、东方红 李疆、东吴证券 黄瑞 时间 2025 年 1 月 22 日 14:30-17:00 地点 一、公司 612 会议室；二、徐工矿机。 上市公司接待人 员姓名 李栋、刘敏芳 交流内容及具体 问答记录 一、互动交流 （一）外销市场预计？ 答：公司预计海外市场继续保持良好态势，海外收入依然能保持较好的增 长。首先，对国产品牌来说海外市场具有成长性特征，海外市场需求持续释放； 其次，随着国产产品品质的不断提升，国内企业在海外的渠道布局的日趋完善， 服务后市场建设的提速，国产品牌综合竞争力在提升，海外市场渗透率在提高； 再次，从在主要区域市场占比情况看，大部分产品仍有很大的提升空间；最后， 国内重点企业纷纷调整全球产能规划，落地本地化战略，加速全球化布局。总 体来说，十四五期间，国产品牌行业海外市场销量有望保持增长趋势，是工程 机械行业的重要增长点。 （二）出口产品结构？ 答：2024 年上半年，公司出口产品及占 ...

Financial Performance - In the first three quarters of 2024, the company experienced revenue growth without profit, with a significant loss in Q3 due to pressure from the photovoltaic industry and high fixed costs in new energy vehicle components and recycled aluminum projects [1] - The fourth quarter is expected to show improvement, with a stable increase in orders and a trend of stabilizing processing fees [2] Industry Outlook - The photovoltaic industry is projected to continue its growth trajectory despite current downturns, driven by policy support and global energy reforms [2] - The company believes that the photovoltaic sector will lead the development of green energy in the future [2] Accounts Receivable Management - The company has a low probability of bad debts as its clients are leading firms in the photovoltaic industry, and it will enhance collection efforts [2] New Projects and Orders - The new generation aluminum frame project is under construction, with trial production expected to start in May-June 2025, supported by strategic agreements with downstream clients [2] - The company is seeing a steady increase in orders for new energy vehicle projects, with significant improvements expected in production capacity and product yield in 2025 [2] Employee Incentives and Share Buyback - The company is considering employee stock incentives based on market conditions and its own situation [2] - As of January 7, 2025, the company has repurchased 5,056,100 shares, accounting for 2.07% of total share capital, with a total expenditure of approximately ¥98.6 million [2]

Group 1: Company Performance Forecast - The net profit forecast for 2024 is between 170,000.00 and 180,000.00 million yuan, representing a year-on-year growth of 107.26% to 119.45% [3] - The net profit excluding non-recurring gains is projected to be between 46,504.83 and 52,000.00 million yuan, with a growth rate of 0.00% to 11.82% compared to the previous year [3] - The increase in performance is attributed to the recovery in the consumer electronics market and the upgrade of electronic technology in the new energy vehicle sector [3] Group 2: PCB Business Overview - The net profit forecast for the subsidiary Dazhu CNC (stock code: 301200) is between 27,000.00 and 32,000.00 million yuan, indicating a growth of 99.19% to 136.08% year-on-year [4] - The net profit excluding non-recurring gains is expected to be between 17,500.00 and 22,500.00 million yuan, with a growth of 74.04% to 123.76% compared to the previous year [4] - The company has developed automation solutions to enhance efficiency and reduce labor costs for clients in the PCB industry [5] Group 3: Market Recovery and Competitive Position - The general industrial laser processing equipment market, particularly high-power laser equipment, has seen a recovery [7] - The company launched the world's first 150KW ultra-high power cutting machine, expanding its influence in high-end markets [7] - The company is increasing its market share in mid-to-low-end markets while enhancing production capabilities across various locations [7] Group 4: Future Development Strategy - The company aims to strengthen its position in the consumer electronics, PCB, new energy, and semiconductor sectors, which are closely tied to macroeconomic trends [8] - The strategy focuses on leading technology in basic components and deepening applications in specialized equipment [8] - The company is actively pursuing overseas market opportunities in response to the diversification of manufacturing supply chains [9] Group 5: Share Buyback and Pledge Situation - As of December 31, 2024, the company repurchased 12,310,392 shares, accounting for 1.17% of the total share capital, with a total transaction amount of 250,072,212.26 yuan [10] - The actual controller and major shareholder have a share pledge ratio of 79.87% [11]