证券代码：002423 证券简称：中粮资本 中粮资本控股股份有限公司投资者关系活动记录表 编号：20250314 中粮期货作为国内领先的产业特色衍生品金融公司，持续深 耕期货及衍生品领域，构建了覆盖经纪业务、投资咨询、风险管 理、资产管理等多元化业务体系。公司以产业服务为中心，基于 "市场化、专业化、产品化"三大原则，形成"场内＋场外，境 内＋境外"全市场布局，落地"一体化"运营。 中英人寿持续秉持稳健经营理念，坚持价值增长；加强内生 动力，探索外延发展。公司致力于以客户为中心，围绕健康、养 老、财富和传承这四大核心需求，提供特色化和品牌化的产品和 服务解决方案。 在渠道发展上，中英人寿将推动高质量转型： 个险渠道将专注于培养和招募优秀人才，提升代理人的生产 力，使其成为公司价值创造的主要力量。 经代渠道将抓住市场机遇，加强与领先经代公司的合作，推 出定制产品，利用专业优势，实现业务的高质量增长，打造市场 优质品牌。 银保渠道将坚持以客户为中心，走专业化和稳健经营的路 线，利用公司服务优势，提供全生命周期的产品，并深化合作， 抓住市场新机遇，实现快速发展。 在产品策略上，中英人寿将加快产品结构调整，特别是分红 ...

Group 1: Company Overview - Ningbo Zhongdali Intelligent Transmission Co., Ltd. is involved in customized product component development, focusing on an integrated solution of "reducer + motor + drive" to enhance customer stickiness and reduce procurement costs [3][4] - The company has established a manufacturing project in Thailand to serve the Southeast Asian and European markets, aiming to lower labor and logistics costs, thereby improving product gross margins [3][4] Group 2: Competitive Landscape - The domestic harmonic reducer market is primarily dominated by foreign companies, with Japan's Harmonic Drive being the global leader. Domestic manufacturers focus on niche markets and have advantages in pricing, service, and response speed [3][4] - The company is prioritizing research and development of precision reducers (planetary, RV, harmonic) based on commercial adaptability and technical barriers, with a focus on high-value scenarios for planetary reducers [4] Group 3: Investor Relations and Risks - The company is actively seeking collaboration opportunities with humanoid robot manufacturers, although current revenue from this sector is relatively small and does not significantly impact overall performance [4] - Investors are advised to be cautious of short-term stock price volatility and to make investment decisions based on rational judgment [4] Group 4: Recent Developments - The company has acquired a new land parcel of approximately 36 acres in the Cixi Intelligent Home Appliance High-tech Industrial Park, currently in the preliminary planning stage for factory and auxiliary construction [4]

证券代码：300016 证券简称：北陆药业 债券代码：123082 债券简称：北陆转债 2025 年 3 月 13 日、14 日投资者关系活动记录表 编号：【2025】第 009 号 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 参与单位名称 及人员姓名 农银汇理基金：刘泓铭 华商基金：余丹尼 仁桥资管：谢沛林 大家资管：吴斌 嘉实基金：马丁 嘉实基金：程佳 光大保德信：高睿婷 光大保德信：徐晓杰 泰康基金：周妍 华夏基金：袁绮蔓 时 间 2025 年 3 月 13 日、14 日 地 点 线上 上市公司接 待人员姓名 董事会秘书：邵泽慧 证券事务代表：孙志芳 医未医疗投资者关系高级经理：王俊佳 投资者关系活动 主要内容介绍 Q1、北陆药业参股公司医未医疗主要专注在什么领域？ 北陆的参股公司深圳市医未医疗科技有限公司是国家级专精特 新"小巨人"企业，是中国唯一全面覆盖脑部疾病早期筛查、精准诊 断和康复训练治疗全流程的脑科学医疗 AI 企业，也是目前中国唯一 在神经退行性疾病及脑血管疾病双领域中均获批 NMPA 三类证的脑 科学人工智能 ...

Group 1: Production and Sales Performance - In February, the company sold 2.6 million pigs, including 2.51 million live pigs and fresh products, and 90,000 piglets [1] - The company sold 82 million meat chickens in February, with a slight decrease in sales volume due to fewer actual sales days [1] - The pig farming listing rate reached 93%-94% in February, indicating stable production management [2] Group 2: Cost Management and Profitability - The comprehensive cost of pig farming dropped to approximately 6.3 CNY/kg in February, with a narrowing cost difference among regional units [2] - Despite a decline in pig prices, the average selling price of pigs remained higher than that of competitors, maintaining a leading profit level in the industry [2] Group 3: Poultry Business Insights - In February, the chicken farming listing rate was 95.2%, with the total cost of live chickens decreasing to 5.6 CNY/kg [4] - The company anticipates a 5% or more increase in chicken sales volume in 2025, despite facing short-term losses [4] Group 4: Financial Health and Debt Management - The company's asset-liability ratio decreased to 51%-52% in February, indicating a strong financial position [5] - The company plans to balance debt reduction with cash dividend needs to ensure long-term operational stability [5] Group 5: Future Planning and Market Strategy - The company aims for long-term stable and high-quality development, focusing on cost reduction and profitability as primary considerations for business growth [7] - Fixed asset investment for 2025 is planned at around 5 billion CNY, targeting construction and upgrades of pig farms, chicken farms, and slaughterhouses [14]

证券代码：301600 证券简称：慧翰股份 足够大，就会吸引的供应商进入，我们认为，适当的市场竞 争将促使产品的更新迭代，利于行业的发展。 公司通过提前布局，已经通过了多国国家和地区的认证， 拥有丰富的认证经验，产品已经量产，且已经过多次技术更 新与产品迭代，相关产品的可靠性、稳定性、安全性获得了 客户认可。我们已完成产品的研发-测试-认证-量产-创新迭 代等过程，在研发、创新、生产、质量管理等方面具有一定 的综合优势。 3、请问公司目前是否有带有 5G 和 V2X 功能的产品，公 司认为相关产业的未来趋势会如何？ 公司早在 2019 年就已经完成了支持 5G 和 V2X 功能产品 的研发并实现量产。目前 V2X 产品的渗透率不高，但未来随 着国家的政策及投资落地，V2X 相关的渗透率会进一步提高， 公司相关产品需求也可能提高。此外，产品功能的增加也会 带来产品的单车价值提升。 4、请问公司是只做乘用车吗？未来会考虑做商用车 吗？ 公司产品涵盖了乘用车与商用车领域，在市场规模方面， 乘用车比商用车的规模更大，且乘用车电器架构更复杂、技 术门槛相对高些， 乘用车切入商用车相对比较容易。公司以 乘用车为主，也做商 ...

Group 1: Company Overview and Strategy - Ningbo Xingrui Electronic Technology Co., Ltd. focuses on the development of new energy automotive electronics and smart terminal fields, with strategic discussions and talent acquisition ongoing for sustainable growth in 2025 [3] - The company has established mass production capabilities for precision components through partnerships with international automotive clients, expanding its customer base beyond Panasonic [3] - The company aims to strengthen its dual-market strategy in both international and domestic markets, enhancing product penetration and market share through advanced manufacturing capabilities [3] Group 2: Business Performance and Market Trends - In the smart terminal business, the company reported a quarter-on-quarter order delivery increase of 10%-20%, indicating a recovery trend [4] - The demand for foundational devices such as connectors and storage equipment is expected to grow rapidly due to the acceleration of AI technology and smart device proliferation [4] - The company is actively exploring business expansion opportunities in high-value application scenarios driven by AI and smart technologies [7] Group 3: Product Development and Manufacturing - The typical product development cycle for smart terminal products is around 6-9 months, while automotive electronics products take 12-24 months, showcasing the company's comprehensive manufacturing capabilities [6] - The company leverages its strengths in customer resources, supply chain management, and integrated manufacturing to respond quickly to client needs [6] Group 4: International Expansion and Financing - The company has initiated the establishment of a production base in Thailand, with the groundbreaking ceremony held on March 9, 2025, to support its overseas automotive electronics and server structure component business [8] - Currently, there are no refinancing plans as the company maintains a healthy cash flow and has no bank loans, with future financing strategies to be considered based on capital expenditure plans [9]

二、问答环节： Q：一季度的生产经营情况？产能利用率？ A：公司正在按照客户的订单需求有序生产，目前产能利用率较前 期持续提升。具体经营情况可以留意后续披露的相关定期报告。 证券代码：002850 证券简称：科达利 债券代码：127066 债券简称：科利转债 深圳市科达利实业股份有限公司投资者关系活动记录表 编号：2025-003 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（券商策略会） 参与单位名称 及人员姓名 长江证券、盈峰资本、诺安基金、红土创新、浩成资管、天辰元信、 3W Fund、Perpetual、Alphinity、Tyndall、Arrow Capital、麦格理、 恒立基金、同创佳业、东方红、北方亚事资产、时代伯乐、上海银 行、中国国银资本、创华投资、深圳华夏复利私募基金、山西证券、 第一创业证券、景顺长城基金、华西证券、深圳弘扬投资等 37 家 机构和个人投资者及参加华泰证券策略会。 时间 2025 年 3 月 12 日至 3 月 14 日 地点 公司会议室及策略会会场 上市公司接待 人员姓名 董事会秘书罗丽娇 ...

Group 1: Investor Relations Activity - The investor relations activity included a site visit to SuningMax Nanjing Huaihai Road store on March 14, 2025 [1] - Participants included representatives from various financial institutions such as Zheshang Securities and Pengyang Fund [1] - The meeting focused on the implementation of national subsidy policies and their impact on sales [1] Group 2: Key Discussion Points - Discussion covered aspects such as supply sources, settlement, distribution, online and offline sales, and performance of categories and brands [1] - The role of additional subsidies for 3C digital products in promoting sales was also addressed [1] - The company ensured compliance with information disclosure regulations, maintaining the accuracy and timeliness of disclosed information [1]

4、AI 辅助化合物虚拟筛选效率提升幅度有多少？是否建立自有算法模型（如 分子动力学模拟、抗性预测）？ 答：由于应用的复杂性及多环节性，定量化的数据非常少，但一定会显著 降低早期开发周期和成本。从另一个角度讲，随着新化合物开发的难度越来越 大，周期越来越长，AI 已经成为了新农药开发的必由之路，没有 AI 的辅助， 目前的新药开发将无法满足要求。我们目前已经建立起一些相关模型平台，但 重点是对于各个 AI 工具的应用整合上。 5、AI 辅助化合物研发从实验室到商业化生产的全周期成本对比传统研发的成 本？ 股票代码：002734 股票简称：利民股份 利民控股集团股份有限公司投资者关系活动记录表 | 编号:2025-03-14 | | --- | | | 编号：2025-03-14 □特定对象调研 □分析师会议 | | --- | --- | | 投资者关系活动类别 | □媒体采访 □业绩说明会 | | | □新闻发布会 □路演活动 ☑现场参观 □其他 | | 参与单位名称及人员姓名 | 杨丽蓉（国海证券）、张晓锋（开源证券）、唐婕（天风证券）、张玮航（国 | | | 联民生证券）、潘云鹤（德邦化工）、万里扬（东 ...

Investment and Financial Performance - The company invested RMB 131 million in Turing New Intelligent Computing, acquiring a 26.75% stake, which later diluted to 25.08% due to additional investors [2][3] - The company has a high accounts receivable ratio, primarily due to the long cycle of integration projects, and is implementing measures to reduce it [5][6] - The company is currently experiencing losses, with a focus on IoT and transportation sectors for future growth [9] Business Operations and Product Development - Turing New Intelligent Computing offers integrated services in computing power production, construction, and operation, focusing on AI applications [3] - The company has launched patrol and security robots through its subsidiary, Guangzhou High-Technology Robot Co., Ltd., which are now being delivered to various sectors [4] - The company’s vehicle-road-cloud integration aims to enhance intelligent connected vehicles, supported by national policies and pilot projects in major cities [7][8] Market Position and Competitive Advantage - The company has established a comprehensive C-V2X product matrix and is actively participating in smart transportation projects across multiple provinces [8] - The company’s vehicle-mounted communication products, including T-BOX and OBD, serve major clients like Geely and Toyota, with over 19,000 vehicle models adapted globally [10] - The company is a leader in 5G vehicle communication technology, leveraging nearly two decades of experience in communication technology [10] Future Outlook and Strategic Plans - The company plans to expand its smart justice business and overseas security market, while maintaining its existing market base [11] - The company is committed to improving operational efficiency and reducing costs to achieve profitability in the long term [9]