爱迪特（秦皇岛） 科技股份有限公司投资者关系活动记录表 证券代码：301580 证券简称：爱迪特 | 其三，公司坚持以市场需求为导向，拓宽产品线，通过渠 | | --- | | 道复用，新产品销售呈现显著增长； | | 此外，公司还注重海外市场的品牌建设，在海外重点市场 | | 通过展会、培训、社交媒体、样板客户建设等举措，实现多层 | | 次、多渠道提升品牌知名度和客户覆盖率。 | | 2.请问稀土管控出口政策是否对行业价格产生影响？ | | 答： | | 截至目前，公司未看到有公开信息表明全瓷义齿用氧化锆 | | 瓷块生产企业针对稀土管控出口政策调整产品价格。氧化钇作 | | 为稀土品类，是全瓷义齿用氧化锆粉体的核心原料之一，而我 | | 国是全球氧化钇主要的产地，若相关政策持续，海外企业的采 | | 购成本将大幅提升，其成本压力最终将传导至下游产品的销售 | | 价格层面。公司将持续关注稀土管控出口政策的后续落地情况 | | 及行业价格的整体变化趋势。 | | 3.请问公司 2025 年在产品方面取得了哪些成果？ | | 答： | | 2025 年，公司持续以口腔氧化锆瓷块等核心材料为业务基 | | 本 ...

投资者关系活动记录表 1 投资者关系活动记录表 | | 答：机器人这块目前主要是探讨腱绳这方面的应用，从性能 | | --- | --- | | | 方面来讲芳纶的强度和模量更高一些，耐蠕变性也好。公司 | | | 有专门团队跟踪机器人这方面的研发，还处于早期阶段。 | | | 投资者：对氨纶、芳纶产品未来的价格有没有预期？ | | | 答：目前这两个产品的价格都处于历史底部。 | | | 投资者：行业有没有退出的？ | | | 答：行业连续多年处于底部，去年行业有退出的，还有面临 | | | 经营困难的。 | | | 投资者：行业出清还需要多长时间？ | | | 答：这个还得观察。 | | | 投资者：反内卷有没有效果？ | | | 答：目前没有。 | | | 投资者：今年公司业绩下滑比较大，主要原因是什么？ | | | 答：首先氨纶没有大的好转，其他业务的竞争也比较激烈。 | | | 投资者：公司的业务还是非常聚焦主业，未来有没有什么收 | | | 购想法？ | | | 答：资本运作也要聚焦主业，有合适的机会不排除。 | | | 投资者：氨纶国外竞争对手情况？ | | | 答：氨纶国外的厂家很少，基本上变 ...

Group 1: Financial Performance - In 2025, the company achieved total revenue of 92.518 billion CNY, a year-on-year growth of 0.02% [3] - The net profit attributable to shareholders was 14.188 billion CNY, reflecting an 18.46% increase compared to the previous year [3] - The cash flow from operating activities significantly outperformed net profit, with net profit growth outpacing revenue growth [3] - The quarterly year-on-year growth rates for net profit were 6.41%, 14.94%, 20.31%, and 25.83%, indicating a trend of accelerating growth [3] Group 2: Business Strategy and Development - The company remains focused on its core business of intelligent IoT, believing that advancements in AI technology will create vast opportunities [3] - Continuous investment in R&D and a strategic focus on high-quality development are emphasized [3] - The company has implemented organizational changes to enhance efficiency and product planning capabilities [3] - Recognition includes the "Smart Quality" management model winning the China Quality Award and being listed among the first batch of "Leading Smart Factories" [3] Group 3: AI and Product Development - The company has made significant progress in AI applications across urban governance, industrial, and energy sectors, with rapid growth in products like Hikvision robots and automotive electronics [5] - AI-related products are expected to transition from the introduction phase to the growth phase in 2026 [5] - The company is actively promoting the integration of large model products in both software and hardware [6] Group 4: Market and Revenue Insights - Overseas revenue reached over 4 billion USD, with developing countries accounting for 70% of this income and growing faster than developed countries [9] - The company plans to enhance exports of non-video products and expand into industrial and energy applications [9] - The impact of rising hardware storage prices is expected to be slightly positive due to historical inventory and procurement advantages [8] Group 5: Future Outlook and Challenges - The company is confident in its new growth cycle but has not provided specific guidance for 2026 [7] - Challenges include balancing revenue and profit growth while navigating domestic market fluctuations [7] - Continuous improvement in operational capabilities is crucial for maintaining high gross margins [9]

Market Position and Strategy - The company has improved the quality and lifespan of its giant tire products in the Russian market, leading to increased customer recognition and trust, with ongoing growth in the number of new customers [2][4]. - As of July 31, 2025, the company has approximately ¥1.424 billion in orders for tire sales within one year [2]. - The company has signed new orders and framework agreements for 4,790 giant tires, amounting to approximately ¥337 million, including 17 new customers [3]. Global Expansion Efforts - The company has successfully developed over 30 customers in more than 15 countries outside of Russia, including Australia, Indonesia, Chile, Ecuador, and Thailand, with potential for increased procurement [4]. - New customers have been developed in countries such as Peru, the Democratic Republic of the Congo, Kazakhstan, Uzbekistan, Guinea, Ghana, Indonesia, and South Africa since 2025 [4]. Investment and Production Strategy - The decision to invest in a joint venture factory in Russia is based on the country's significant market opportunities and aims to enhance local production capabilities, thereby strengthening market share [4][5]. - The company aims to transition from "product export" to "localized production," which will improve supply chain resilience and customer responsiveness [4]. Financial Operations - The company utilizes cross-border trade in RMB for settlements with Russian customers, ensuring stable and smooth transaction processes [6]. - The company is a pioneer in the mining tire operation management business, which, despite lower initial profit margins, fosters strong customer loyalty and addresses critical customer pain points [6]. Business Model and Profitability - The mining tire operation management service, while having lower gross margins compared to direct sales, is expected to improve profitability over time as the company gains familiarity with operational environments [6]. - The synergy between mining tire operation management and direct sales creates a unique competitive advantage for the company [6].

Group 1: Product Development and Launch Plans - The company launched the music game product "jubeat Music Cube" on December 27, 2025, which features a classic 16-grid touch design and dual-screen display, gaining popularity among players [2] - The company plans to officially launch the competitive card machine product "Bomb Girl" before the Spring Festival, integrating classic bomb battle gameplay with a lightweight nurturing system and exquisite card collection elements [4] Group 2: Financing and Investment - The 2025 refinancing raised funds primarily for the deployment and operation of anime card equipment, focusing on successful products like "Pokémon: Shining Star" while also introducing new products [3] - As of the end of 2025, the company has deployed over 20,000 anime card devices, with core products including "Pokémon: Shining Star," "Minecraft Dungeons," "Three Kingdoms Fantasy Battle," and "Ultraman: Shining Co-Op" [3] Group 3: Financial Performance and Margins - The gross margin of the anime IP derivative products business declined in the first three quarters due to increased procurement costs for "Pokémon: Shining Star" [4] - The anime IP card equipment business is expected to gradually increase its revenue share and enhance the company's profitability as deployment numbers rise [4] Group 4: Research and Development - In 2025, the company expanded its R&D team and increased investment in game and amusement product development, preparing a rich product matrix [5] - For 2026, the company plans to further increase R&D investment, focusing on anime IP card equipment and developing innovative gaming products with richer experiences [5]

Group 1: Brain-Computer Interface (BCI) Business - The company is a leading global partner and core supplier in the cochlear implant sector, with nearly 15 years of deep collaboration in technology development and production transformation [2] - The company aims to provide comprehensive technical and product support across invasive, semi-invasive, and non-invasive BCI routes, reinforcing its competitive edge in invasive BCI implants [2] - Current revenue from the BCI business (excluding cochlear implant components) is relatively small, indicating investment risks [2] Group 2: Robotics Business - The company is actively developing humanoid robots and has initiated product technology layouts in collaboration with clients, leveraging its expertise in PEEK materials and small motor components [3] - In the surgical robot sector, the company has begun small-scale deliveries to domestic and international clients [3] Group 3: Shareholding and Financial Management - A total of 14,274,464 shares are proposed to be reduced, accounting for 2.51% of the total share capital, with 2.00% through block trading and 0.51% through competitive bidding [4] - The management emphasizes maintaining shareholder value through transparent and efficient operational strategies [4] Group 4: Injection Pen and Continuous Glucose Monitoring (CGM) Business - The company has successfully delivered adjustable insulin injection pens in bulk and signed orders for weight loss pens, with automated production lines expected to be operational in 2026 [5] - CGM products are set to enter mass delivery in Q2 2025, currently in a stable ramp-up phase, with further capacity expansion planned for 2026 [5] Group 5: Respiratory and Cochlear Implant Components - The company provides comprehensive design, development, manufacturing, and sales services for precision components and products in the medical device sector, aiming to be a global leader in medical technology services [6] - Long-term strategic partnerships with leading global companies in the home ventilator and cochlear implant markets have been established, ensuring continuous innovation and competitive advantages [7]

Group 1: Financial Performance and Product Impact - The price of 6-APA has decreased by approximately 45% to 180 RMB/kg as of January 19, 2026, positively impacting the gross margin of core products like Tazobactam and Sulbactam, which together account for about 40% of the company's revenue in 2024 [2][3] - The new production process for Tazobactam is expected to lower production costs while enhancing product quality, thus improving market competitiveness [3] Group 2: Market Demand and Product Synergy - Piperacillin, a key β-lactam antibiotic, is crucial for combination formulations that address bacterial resistance, with its demand closely tied to downstream formulations [4] - The market demand for Piperacillin is driven by ongoing clinical needs for anti-infection treatments and the increasing application of combination formulations due to rising antibiotic resistance [4] Group 3: Capacity Expansion and Strategic Planning - The company plans to expand VC (Vinyl Carbonate) production capacity from 8,000 tons/year to 10,000 tons/year, with a long-term goal of 20,000 tons/year, driven by the growing demand in the battery market [5] - The expansion is characterized by low investment and quick response to market needs, minimizing overall risk while maximizing economic benefits [5] Group 4: Innovative Protein Development - The "Weiran Protein" product line focuses on high-protein, high-fiber, and low-residue applications, targeting markets such as artificial meat and health foods [6][7] - The company has established competitive advantages in the synthetic biology protein sector, including proprietary strains and advanced technology, positioning itself as a leader in the market [6][7] - Collaborations with academic institutions and the establishment of the "Weiran New Quality Protein Alliance" aim to drive market education and product innovation [7]

2 在自营新赛道拓展上，公司着力构建多元化的自有品牌与 创新业务矩阵。通过开设"有仙儿财神殿""WS梦乐园（mini ）"等特色店铺，推出"武商金"产品线，并孵化"楚风汉味 （mini）""WS国际名品馆""JIANGTUN BEAUTY"等一系列自 有品牌，形成了涵盖文化消费、轻餐饮、美妆集合、高端零售 等领域的自营生态体系，逐步增强对核心业态的掌控力与盈利 能力。 在存量业态调改方面，公司持续推进项目差异化升级。武 商梦时代焕新B1层为"DREAMBOX"主题街区，精准切入年轻潮 玩消费；武商MALL·众圆则以"特别版"定位，融合名品基因 与社区属性，助力城市更新；武商MALL·世贸围绕Z世代需求， 将打造艺术化社交空间与沉浸式消费环境；百盛MALL更以汽车 文化为主题，构建"未来生活引力场"，拓展商业与生活方式 融合的新边界。 公司通过自营业态创新与空间场景再造相结合，从传统商 业运营向"内容+场景"双轮驱动的消费生态构建者转型，持续 巩固市场领先地位。 四、近期公司布局"二手奢侈品"业务引发关注，在循环 经济领域有何战略规划？ 证券代码：000501 证券简称：武商集团 武商集团股份有限公司投资者关系 ...

Group 1: Company Overview - The company, Shenzhen Longte Intelligent Control Co., Ltd., focuses on two core business areas: smart products (finished products) and smart controllers (PCBA) [2][3] - The smart products segment is expected to be the primary area of investment, with new customers and products anticipated to contribute to revenue growth [2] Group 2: Future Development Plans - In 2026, the company aims to enhance its manufacturing capabilities and assist clients in optimizing product design to improve overall profit margins [3] - The company has established a joint venture for liquid cooling solutions, which is expected to significantly reduce noise and energy consumption, thereby lowering operational costs for enterprises [3] Group 3: Clientele and Market Presence - The company's main brand clients include Simplehuman, Breville, Delta Electronics, Youbix, and Starry Innovation, operating across various sectors such as consumer electronics, smart home, renewable energy storage, and automotive electronics [3] Group 4: Financial Impact and Risks - The liquid cooling solutions business is still in its early stages and has not yet generated revenue, posing uncertainties for future development and its impact on the company's overall performance [3]

证券代码：002458 证券简称：益生股份 山东益生种畜禽股份有限公司 投资者关系活动记录表 编号：2026-03 投资者关系活动记录表 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 活动参与人员 国泰海通：林逸丹、蒋松涛、李 昊 毕升基金：刘 达 海通期货：刘德昌、刘乃萌、周 滨 君合基金：李虹均 港信期货：邵 辉、李 杰、汤佳欣 红鼎基金：范琳琳 林亿基金：王 超 同 花 顺：鲁明熙 山东场外衍生品咨询有限公司：薛江宁 南京奥信光智能产业发展有限公司：蒋 坤 时间 2026 年 1 月 20 日 地点 山东益生种畜禽股份有限公司会议室 形式 现场调研 上市公司 接待人员姓名 总裁、董事会秘书兼财务总监：林杰 先生 证券事务代表：李玲 女士 交流内容及具体 问答记录 一、公司情况介绍： 益生股份成立于 1989 年，于 2010 年上市，主要产品包括父母代 白羽肉种鸡雏鸡、商品代肉雏鸡、种猪、农牧设备及乳品等。公司种 禽场区主要分布在山东、河北、江苏、安徽、山西、黑龙江等地；种 猪场区分布在黑龙江、河北和山东省。 公司以高代次畜禽 ...