7、未来实现可回收之后，对公司产品价值量预计有什么影 响？ 证券代码：301005 证券简称：超捷股份 超捷紧固系统(上海)股份有限公司 投资者关系活动记录表 编号 2026-006 | | 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 策略会 1、准锦投资管理有限公司 姜啸昆； | | | 2、厦门中略投资管理有限公司 姚迪； | | | 3、鑫元基金管理公司 葛天伟； | | | 4、珠池资产 尹晨； | | 参与单位名称及人员 | 5、中金公司资产管理部 梁振霆； | | 姓名 | 6、富安达基金管理公司 杨红； | | | 7、中信保诚基金管理有限公司 衣桢永； | | | 8、中广云投资 张宏雷； | | | 9、申万菱信 梁国柱； | | | 10、华创证券 丁祎 | | 时间 | 2026年1月20日 上午10:00-12:00 | | 地点 | 浦东香格里拉会议厅 | | 上市公司接待人员 姓名 | 公司董事会秘书、财务总监 李红涛 | | | 1、公司 ...

Group 1: Company Overview - The company primarily focuses on the research, production, and sales of ultra-fine fiber products, including synthetic leather fabrics, functional fabrics, and cleanroom materials, with applications in sportswear, automotive interiors, electronic packaging, and cleanroom consumables [1]. Group 2: Research and Development - The company emphasizes its own R&D strategies and has established a research center, collaborating extensively with external universities and research institutions [2]. - Current research on driving fiber applications is ongoing with downstream enterprises, but products are still in the research phase with no mass production or revenue generated yet [1][2]. Group 3: Product Sales and Market Trends - The company has initiated very small-scale sales of solid-state battery membranes, contributing negligible revenue, as products are still under improvement and client adjustments [2]. - Revenue from consumer electronic fabrics supplied to companies within Apple's supply chain is expected to see significant growth from 2023 to 2024, with major competition from Japanese firms [2]. - The company is optimistic about the future of fiberglass and quartz electronic fabrics but currently does not produce or sell these products [2]. Group 4: Cleanroom Fabric Sales - Sales of cleanroom fabrics are primarily used in LCD display and semiconductor manufacturing, characterized by high absorbency and low dust generation, with a positive market growth trend and a number of large-scale clients already utilizing the products [2].

Group 1: Company Overview and Acquisition - The acquisition of Changzhou Weipu Semiconductor Equipment Co., Ltd. has been completed, and post-acquisition integration will focus on business, technology, and management synergies [2] - Changzhou Weipu specializes in defect detection equipment for photomasks and wafers, with significant market presence and core technology developed in-house [3] Group 2: Product and Market Position - Changzhou Weipu is one of the few companies in China that has achieved large-scale production of photomask defect detection equipment, with products utilized by major domestic and international wafer and photomask manufacturers [3] Group 3: Strategic Partnerships and Investments - The company has a stake in Shanghai Yudi Optoelectronics, which focuses on precision optical components and satellite laser communication systems, aligning with its strategic planning [4] - The wholly-owned subsidiary, Suzhou Weige Technology Industry Investment Co., Ltd., has established a venture capital fund targeting investments in semiconductor, renewable energy, AI, and aerospace sectors [5]

证券代码：【301392】 证券简称：【汇成真空】 编号：【IR-2026001】 投资者关系活动记录表 | 投资者关系活动类别 | 分析师会议 特定对象调研 ☐ | | | --- | --- | --- | | ☐ | 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） | | | 参与单位名称及人员姓名 | 详见附件清单 | | | 时间 | 2026年1月20日 15:00-16:30 | | | 地点 | 广东汇成真空科技股份有限公司会议室 | | | 上市公司接待人员姓名 | 副总经理、董事会秘书 肖献伟先生 | | | | 证券事务代表 刘珊女士 | | | | 公司在遵守信息披露相关规定的前提下与投资者进行交流，交 | | | 投资者关系活动主要内容 | 流内容不涉及未披露的重大信息。具体交流内容如下： | | | | 第一部分：公司情况介绍 | | | 介绍 | 第二部分：交流环节 | | | | 1.公司产品目前主要应用于哪些领域 | | | | 答：公司主要产品为真空镀膜设备以及配套的 ...

Group 1: Overseas Business and Market Coverage - The company's export sales network covers key markets in Asia and Europe, including South Korea, Thailand, Taiwan, France, and Germany [2] Group 2: Profit Margin and Production Efficiency - There is still room for improvement in the gross margin of network transformers, driven by automation, product structure optimization, and enhanced production efficiency [2] - The company aims to increase the proportion of mid-to-high-end network transformers, which typically have higher profit margins, thereby improving overall gross margin [2] - The release of production capacity from the Bay Area headquarters will support business growth and meet market demand [2] Group 3: Competitive Advantage in Signal Magnetic Components - The competitive advantage in signal magnetic components stems from technology accumulation, product line layout, and customer relationships [3] - The company has achieved international standards in high-end products, with significant improvements in performance for applications in 2.5G, 5G, and 10G, gaining recognition from well-known domestic and international clients [3] - The introduction of cost-effective chip inductors for mid-to-low-end market segments has expanded market share and strengthened long-term customer relationships [3]

Group 1: Company Overview and Services - Guoneng Rixin Technology Co., Ltd. is actively expanding its power prediction services for renewable energy stations, with a target of serving 5,461 stations by mid-2025 [2][4] - The company provides power trading management services for independent energy storage stations, leveraging market prediction systems and pricing strategies to optimize operations [3][4] Group 2: Core Advantages in Power Trading - The company possesses significant advantages in power trading for independent storage stations, including decision-making support, precise intelligent control, and comprehensive operational assurance [4] - It utilizes a self-developed "Kuangming" model and advanced AI algorithms to enhance prediction accuracy for energy output, load, and pricing [4][5] Group 3: Challenges in the Electricity Market - Electricity companies face increased volatility and regulatory challenges, necessitating advanced trading capabilities and operational precision [5][6] - The traditional fixed-price operation model is becoming unsustainable due to intensified competition and technological stagnation among smaller electricity companies [5][6] Group 4: Impact of Policy Changes - The cancellation of fixed time-of-use pricing by the National Development and Reform Commission will fundamentally alter the profitability model for energy storage stations, shifting from fixed price arbitrage to market-driven pricing [7] - This policy change is expected to increase the demand for professional third-party management services in the energy storage market [7] Group 5: Future Market Potential - The ongoing reform of the electricity market is expected to create significant demand for trading decision support and management services, particularly as trading complexities increase [8][9] - The company aims to capitalize on these market opportunities by expanding its offerings to include trading prediction data, strategy recommendations, and management services for a broader range of clients [8][9]

投资者关系活动记录 表 证券代码：301021 证券简称：英诺激光 英诺激光科技股份有限公司 二、 公司 PCB 成型设备业务有什么进展？ 答：超快激光成型设备凭借低损耗、高精度、高效率以 及高可靠性的显著优势，赢得了战略客户的认可，于 2025 年 顺利交付近 9000 万元的订单。 投资者关系活动记录表 编号：2026-01 | 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 | 申万宏源、华创证券、长城证券、光大证券、长江证券、中 | | | 信证券、招商证券、天风证券、国联民生证券、东方财富证 | | | 券、国投证券、诺德基金、海富通基金、平安基金、鹏华基 | | | 金、景顺长城、华安基金、长城财富、路博迈、易方达、淡 | | | 水泉、华泰柏瑞、中欧基金、国泰基金、长盛基金、汇添富、 | | | 禾永投资、博普资产、中加基金、清淙基金、泰康资管、招 | | | 商基金、富国基金、兴业基金、君弘投资、中银国际、建投 | ...

Group 1: Strategic Development - The company has established a "Three Transformations and One Optimization" strategy, focusing on the mining aftermarket with a core emphasis on equipment manufacturing and technology processes, supported by service and resource development as wings [2][3] - Future plans include transforming aftermarket services into the main revenue source, enhancing business upgrades and expansions through digital and intelligent integration [2][3] Group 2: Aftermarket Business Model - The core model of the aftermarket business includes parts sales and operational maintenance, with high gross margins achieved through a "technology solution + customized parts" approach [3][4] - The company aims to leverage overseas service networks and storage systems to promote service and spare parts sales, ultimately driving main engine sales [3][4] Group 3: Mining Investment Strategy - The company focuses on gold and copper mining investments, prioritizing small to medium-sized mines with proven profitability, avoiding high-risk projects [4][5] - Risk control measures include external due diligence and legal assessments, with ongoing projects like the Brownhill gold mine in Zimbabwe progressing smoothly [4][5] Group 4: Funding and Talent Development - Current funding strategies rely on bank loans, with future financing plans aligned with business development needs to support project investments [5][6] - Talent acquisition strategies include recruiting experienced professionals, campus recruitment, and internal training, with a focus on mining-related expertise to address industry talent shortages [5][6] Group 5: Competitive Landscape - The operational maintenance market is competitive, but the company differentiates itself through a comprehensive service system, global marketing network, and digital maintenance capabilities [6][7] - The company plans to implement a stock incentive program to attract and retain core talent, enhancing employee motivation and aligning interests with business growth [7][8]

Group 1: Company Performance Overview - The company did not meet its sales revenue budget for 2025 due to the cancellation of significant contracts in Brazil and Argentina, influenced by rising credit risks [5][6] - The gross margin for Q4 2025 exceeded 25%, marking the highest quarterly gross margin in the past decade, with an annual increase of over 3 percentage points compared to 2024 [5][8] - The total expenses as a percentage of sales slightly decreased compared to 2024, ending the upward trend seen in the previous two years [5][10] Group 2: Market Risks and Projections - Credit risks in Brazil and Argentina are expected to remain high in 2026, potentially impacting sales revenue growth [6][7] - The company anticipates a higher sales revenue growth rate in 2026 compared to 2025, driven by new product registrations and team expansions in Brazil [7][8] - The company aims to maintain a gross margin higher than 2025 due to strategic planning and product registration efforts [10][11] Group 3: Financial Management and Cost Control - The company plans to keep the total expense ratio stable while reducing management expenses and increasing sales and R&D expenses [10][11] - Asset impairment provisions for 2024 and 2025 are estimated at approximately 200 million, reflecting challenges in accounts receivable risk management [13][14] - The company aims to reduce asset impairment provisions to below 0.5% by the end of 2029 [13][14] Group 4: International Trade and Product Pricing - China's agricultural pesticide exports remain strong, attributed to the competitive pricing of Chinese products, with no significant inventory buildup reported globally [15][16] - The cancellation of export tax rebates for certain raw pesticide products is expected to benefit the export of finished pesticide formulations [15][16] - Current raw pesticide prices are at historical lows, with uncertain timing for potential price rebounds [15][16] Group 5: Operational Developments - The U.S. manufacturing facilities are operating at full capacity, supporting business growth in the region [18][19] - The company plans to establish a new processing facility in the U.S. by 2027 to enhance production capabilities [18][19]

| 动力系统、车门系统、天窗系统、电子系统、内饰系统、座 | | --- | | 椅系统等，向客户提供一站式的汽车零部件解决方案。公司 | | 拥有自主模具研发能力。公司主要生产工艺覆盖冲压、热成 | | 型冲压、机器人点焊、机器人气保焊、激光焊接、嵌件注塑、 | | 激光切割、一体化压铸及其他装配等生产工艺。 | | 公司与吉利汽车、长安汽车、长安福特、理想汽车、赛 | | 力斯、比亚迪、小鹏汽车、零跑汽车、蒂森克虏伯集团、伟 | | 巴斯特集团、麦格纳集团、凯毅德集团等国内外知名整车制 | | 造商和汽车零部件厂商建立了良好的合作关系，并形成战略 | | 合作。 | | 目前，公司在全国的子公司主要为以下 家： 16 | | 1. 重庆博俊工业科技有限公司，2017 年注册成立 | | 2. 成都博俊科技有限公司，2017 年注册成立 | | 年注册成立 3. 常州博俊科技有限公司，2021 | | 西安博俊汽车零部件有限公司，2022 年注册成立 4. | | 浙江博俊工业科技有限公司，2022 年注册成立 5. | | 6. 济南博俊汽车零部件有限公司，2022 年注册成立 | | 7. 河北博俊科技 ...