Group 1: Company Overview and Market Position - The company, as a leading player in the optical fiber sensing industry under China Information Communication Technology Group, aims to leverage state-owned enterprise restructuring to enhance its market value and contribute to national finances [1] - The current market capitalization of the company is only 3 billion, which does not reflect its true value as a leader in optical fiber sensing and IoT applications [4] Group 2: Technological Applications and Innovations - The optical fiber sensing technology can be applied in logistics robots for navigation, although no robot products have been developed for hazardous area inspections yet [3] - The company is actively embracing artificial intelligence to enhance product iterations and optimizations, with applications in fire alarm systems, oil and gas pipeline monitoring, and traffic tunnel safety solutions [3] Group 3: International Expansion and Future Plans - In 2024, the company won a contract for a fiber optic monitoring project for a petroleum pipeline in Kenya, marking its first breakthrough in international markets [5] - The company plans to continue expanding its international business by leveraging domestic clients and the global layout of China Information Communication Technology Group [5]

Group 1: Industry Trends and Development - Nuclear energy is recognized as a clean, efficient, and low-carbon energy source, crucial for optimizing China's energy structure and ensuring energy security [3] - The "14th Five-Year Plan" emphasizes the safe and orderly development of nuclear power, aiming for an annual construction scale of about 6 new nuclear units before 2030 and 8 units annually from 2031 to 2050 [4] - According to the International Energy Agency (IEA), China's nuclear power capacity is projected to reach approximately 120 million kW by 2030 and 280 million kW by 2050 under committed scenarios [4] Group 2: Company Overview and Services - The company is a high-end process equipment provider, with nuclear energy being a key development direction [5] - Core products and services in the nuclear sector include equipment manufacturing, installation engineering, and technical services, with unique advantages in testing and verification equipment [5] - The company has established long-term partnerships with major institutions, with some client relationships exceeding 15 years [6] Group 3: Recent Achievements and Financial Performance - Over the past three years, the company's revenue from the nuclear sector has exceeded 450 million yuan, with 2024 marking the first year of revenue surpassing 200 million yuan, a year-on-year growth of 104.86% [7] - The company has successfully developed innovative products, including specialized tools for nuclear reactor control rod replacement, enhancing its market presence [7] - The company has attracted new clients with orders exceeding 10 million yuan, contributing to the growth of the nuclear sector [7] Group 4: Future Development Focus - The company aims to secure more nuclear energy orders as a core foundation for growth, focusing on traditional markets while expanding into new areas such as fast reactors and conventional islands [8] - Emphasis on technological innovation to enrich the product lineup, particularly in developing standardized high-end nuclear equipment [8]

Group 1: Investor Relations Activity - The company held a performance briefing for the 2024 annual report on May 27, 2025, via an online platform [3] - Key attendees included the General Manager, Deputy General Manager, Financial Director, Board Secretary, and Sponsor Representative [3] Group 2: Fundraising and Project Progress - As of December 31, 2024, the total amount of raised funds used was ¥116,470,737.70, with a net account balance of ¥50,008,130.50 [5] - The completion and production of fundraising projects have been delayed to December 31, 2025, due to prolonged approval processes and equipment delivery issues [5] Group 3: Financial Performance - The company reported a revenue of ¥293,935,393.46 for the reporting period, a year-on-year increase of 6.53% [9] - The net profit attributable to shareholders was ¥25,002,469.16, a decrease of 14.98% compared to the previous year [9] - The operating cash flow for 2024 was ¥35,757,001.35, reflecting a 3.82% increase from ¥34,442,654.37 in 2023 [8] Group 4: Strategic Development - The company aims to enhance customer engagement and operational efficiency while focusing on product innovation [6][7] - The company has established a regional layout with production bases in Nanjing and Huizhou to meet customer capacity needs [7] Group 5: Market and Industry Outlook - The high barrier packaging industry is expected to grow, driven by demand for sustainable and high-performance materials [20] - The company maintains a competitive position in the high barrier industrial soft packaging niche, despite smaller revenue and profit scales compared to peers [21] Group 6: Comparison with Peers - The company's gross margin was 30.66%, with a net margin of 8.46%, compared to peers like Zijiang Enterprise (23.80% gross margin) and Wangzi New Materials (-3.84% net margin) [21] - The company’s internal sales accounted for 83.89% of revenue, indicating a stable domestic market focus [23]

证券代码：430090 证券简称：同辉信息 公告编号：2025-038 同辉佳视（北京）信息技术股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担个别及连带法律责任。 一、投资者关系活动类别 □特定对象调研 √业绩说明会 上市公司接待人员： □媒体采访 □现场参观 □新闻发布会 □分析师会议 □路演活动 □其他 二、投资者关系活动情况 活动时间：2025 年 5 月 27 日 活动地点：公司通过全景网"投资者关系互动平台"（http//ir.p5w.net） 采用网络远程的方式，召开 2024 年年度报告业绩说明会。 参会单位及人员：通过网络方式参加公司 2024 年年度报告业绩说明会的投 资者。 董事长、总经理：王一方女士 董事会秘书：李刚先生 财务负责人：丁瑶女士 公司保荐代表人：谭星先生 三、投资者关系活动主要内容 本次业绩说明会公司就投资者关心的问题进行了沟通交流，主要问题及回 复如下： 问题 1、根据 2024 年 3 月收到的《立案告知书》，公司目前信息披露违法 违规调查的最新进 ...

Group 1: Company Overview and Strategic Positioning - The company is a key partner in the "White Whale" route, enhancing its competitive position in the low-altitude economy sector through collaboration on equipment development and manufacturing [3] - The commercial aerospace sector is viewed as a critical growth area, with significant investments in capacity building and resource allocation to expand market presence [4] Group 2: Operational Developments - The Xi'an branch has improved operational performance since 2024, becoming a vital part of the company's production capacity [4] - The company is implementing a divisional management model to optimize organizational structure and reduce management costs [4] Group 3: Capacity Expansion and Efficiency - A systematic capacity enhancement plan is in place, incorporating smart production lines and digital management systems to improve production efficiency [5] - The establishment of a strategic material reserve and a multi-level supply assurance system aims to enhance operational efficiency and cost competitiveness [5] Group 4: Financial Performance and Market Strategy - The aerospace components segment has experienced a decline in gross margin due to market changes and policy adjustments, prompting a strategic shift towards a comprehensive service platform [6] - The company is diversifying its business layout to mitigate the impact of gross margin fluctuations and ensure sustainable high-quality growth [6] Group 5: Future Outlook - The company is optimistic about the future of its convertible bonds, which are seen as a flexible financing tool to support long-term strategic development [6]

Group 1: Supply and Pricing - The primary raw material for heating in Beijing is natural gas, with the main supplier being Beijing Gas Group Co., Ltd. The payment model is similar to a prepaid card system for residents [1] - The heating price in Beijing is government-regulated, with a rigid pricing structure for residential heating and a subsidy policy that adjusts based on fuel price fluctuations [2] Group 2: Energy Efficiency and Technology Upgrades - The company is enhancing energy efficiency through smart heating management, optimizing the entire heating system from sources to user terminals, and establishing a data-driven command center [2] - Ongoing projects include comprehensive energy applications, such as the Zhongguancun Life Science Park Phase III and the Zhuxinzhuang Comprehensive Energy Utilization Center, which aim to diversify energy services and strengthen core competitiveness [2] Group 3: Market Value Management - The company plans to utilize cash dividends, equity incentives, and mergers to enhance market value, focusing on value creation and improving the company's fundamentals [3] - Active communication with investors through various platforms is emphasized to convey positive signals and boost investor confidence [3] Group 4: Competition and Future Development - The company is addressing potential competition from subsidiaries of Jingneng Group, with a commitment to resolve any conflicts within 60 months of acquiring control [3] - Future goals include exploring various renewable energy heating methods, expanding market presence both within and outside Beijing, and leveraging capital platforms for financing [3]

Group 1: Business Strategy and Development - The company focuses on integrating into national development, serving the real economy, and maintaining high-quality development, with core tasks including enhancing competitiveness and resource allocation efficiency [2] - Key strategies include deepening business transformation, optimizing business structure, and accelerating digital transformation to improve operational efficiency [2] - The company has consistently ranked among the top Chinese securities firms in key operational indicators, with leading positions in research, asset management, and wealth management [2] Group 2: Wealth Management Business - The company emphasizes high-quality customer segments and efficient online operations in its wealth management business, combining online and offline strategies for customer service [3] - Continuous reforms in wealth management are aimed at enhancing organizational capabilities, resource allocation, and talent support for high-quality development [3] - The company is committed to compliance and aligning with investor interests through a buyer-oriented advisory model [3] Group 3: Investment Banking Business - The company adheres to national strategies and regulatory requirements, prioritizing financial services for the real economy [4] - Focus on resource accumulation, client development, and professional capability building in key sectors, particularly in the Greater Bay Area [4] - Emphasis on customer-centric approaches and integrated domestic and international operations to enhance comprehensive financial service capabilities [4] Group 4: Investment Management Business - The investment management segment includes asset management, public fund management, and private fund management, leveraging resources to create a diverse product supply system [5] - The company aims to enhance active management capabilities and product innovation, resulting in growth in asset management scale [5] - As of March 2025, the company ranks third and first in public fund management scale (excluding money market funds) for its subsidiaries, Guangfa Fund and E Fund, respectively [5]

Company Overview - Xiamen Rishang Group Co., Ltd. specializes in the research, production, and sales of automotive wheels and steel structure construction, focusing on steady operations in both sectors [1]. - The company has established a strong brand presence in the domestic automotive wheel market and has built a reputable brand in the steel structure sector with "NCC" and "Xinchangcheng" [1]. Steel Structure Business Performance - In 2024, the company experienced a decline in steel structure production and sales due to a strategic reduction in domestic construction contracts, leading to a drop in domestic revenue [2]. - The theoretical production capacity for steel structures is approximately 250,000 to 300,000 tons, with over 60% of 2024's revenue coming from petrochemical projects [2]. Financial Management - The company maintains strong cash flow management, with a balanced revenue stream from both wheel and steel structure businesses, each contributing approximately 50% to total revenue [2]. - Over 80% of the wheel business revenue is derived from overseas markets, which have more favorable payment terms compared to domestic markets [2]. Export and Market Reach - The wheel business exports to over 100 countries and regions, including Europe, North America, Southeast Asia, and Belt and Road Initiative countries [3]. - The steel structure business has secured significant overseas projects, including the Qatar RAS Ethylene Project and the East Africa Oil Pipeline Project [3]. Competitive Advantages - The company benefits from competitive pricing of Chinese steel in the international market and possesses comprehensive certifications to meet various international standards [4]. - It has a robust project management team and extensive experience in large-scale engineering projects, enhancing its brand reputation [4]. Raw Material Management - Steel costs account for over 60% of the total costs in both wheel and steel structure production. The company employs a strategy of "high price, low inventory; low price, high inventory" to manage raw material price fluctuations [4]. Future Development Plans - The company aims to deepen its focus on the wheel and steel structure sectors, enhancing R&D and quality improvement while expanding its market share both domestically and internationally [4]. - Plans include increasing investments in information technology and smart manufacturing to improve service capabilities and build long-term relationships with high-quality clients [4].

Group 1: Core Advantages - Platform-based R&D advantage: The company has developed a comprehensive product development design system covering industrial design, structural design, hardware design, and software design, effectively meeting customized client needs [2] - Industry resource integration advantage: The company leverages its platform-based R&D to offer diverse component selection solutions and a wide supplier network, achieving significant scale effects in procurement [2] - Digital and flexible manufacturing capabilities: The company has established a flexible manufacturing system through a digital smart factory, enhancing management efficiency and customer response speed by integrating data across the production process [2][3] - Quality customer resource advantage: The company has invested in R&D over the years, continuously launching innovative products to meet personalized and differentiated customer demands [3] - Talent team advantage: The company has built a mature talent training system, creating a stable management structure with a team that possesses rich market experience and professional technical skills [3] Group 2: Distinction from Traditional ODM - The company focuses on product definition and R&D design, differentiating itself from traditional manufacturing-oriented ODMs by outsourcing major production processes to external partners while maintaining quality control and supervision [3] - The company employs a light asset operation model, allowing more resources to be allocated to front-end R&D design, thus enhancing flexible manufacturing capabilities and risk resistance [3] - The company serves over 80 countries and regions globally, adapting to emerging trends in the electronics industry such as personalization, differentiation, and flexible manufacturing, which strengthens its competitive edge [3]

Group 1: Company Overview - The company has a significant history and focuses on automotive parts, particularly in sealing and thermal management components [2] - The company’s revenue has shown substantial growth, increasing from approximately 17 million to over 24 million from 2022 to 2024 [3] Group 2: Financial Performance - The net cash flow from operating activities is negative due to long collection periods from high-growth customers [3] - The company anticipates improvements in net profit by Q4 of this year or the first half of next year through various management measures [3] Group 3: Research and Development - The company has a high R&D investment ratio, attributed to the establishment of a research center in Shanghai in 2021 and ongoing investments in new model components [3] - R&D efforts are expected to enhance revenue growth and maintain a high capacity utilization rate over the next 3-5 years [3] Group 4: Market and Value Management - The company plans to enhance its market value through short, medium, and long-term strategies, including increasing high-margin product sales and expanding production capacity [4] - In the long term, the company aims to explore horizontal development opportunities within the industry, focusing on innovative product offerings and operational improvements [4]