Group 1: Company Overview and Operations - The company has established subsidiaries in key regions across China and overseas, including Europe, the United States, and Thailand, to enhance service and responsiveness to customer needs [2] - The company is actively promoting capacity coordination and has a comprehensive regional coverage for production capacity [2] Group 2: Future Orders and Production Capacity - The company anticipates that steady growth in downstream demand will drive both capacity release and order fulfillment, contributing to performance growth [2] - There is a focus on the progress of sample submissions in the robotics business, which is advancing as planned [3] Group 3: Impact of Raw Material Prices - The company acknowledges the long-term volatility in raw material prices, particularly aluminum, and plans to negotiate reasonable price adjustments with customers [3] - Strategies to mitigate the impact of raw material price fluctuations include capacity expansion, technological innovation, and improvements in production processes [3] Group 4: Investor Relations and Market Management - The company emphasizes the importance of investor relations and has been enhancing its governance framework to protect shareholder rights since its listing [3] - Future plans include developing a more scientific profit distribution scheme and expanding communication channels to boost investor confidence [3]

Group 1: R&D Investment - The company's R&D investment for the first three quarters of 2025 was 19.7383 million yuan, emphasizing a strong commitment to innovation and technology [2] - The company has obtained multiple invention patents from the National Intellectual Property Administration, showcasing its independent innovation capabilities [2] Group 2: Growth Strategy - The company has a clear strategic layout for its second growth curve, focusing on new business directions and target markets [2] - Systematic progress is being made through the formation of specialized teams and allocation of resources to ensure sustainable growth [2] Group 3: Financial Performance - In Q3 2025, the company experienced a slight revenue increase, with a year-on-year revenue growth of 77.08% and a net profit growth of 454.69% compared to the same period last year [3] - The increase in domestic procurement costs has impacted profit margins, despite efforts to optimize the order structure and enhance high-value product offerings [3] Group 4: Market Value and Future Outlook - The company is focused on enhancing product quality and customer service to build core competitiveness, which is expected to reflect positively on market valuation over time [3] - There are no current plans for dividends or stock buybacks, but any future plans will be disclosed in accordance with legal obligations [3]

Group 1: Industry Overview - The company's core business is supported by digital creativity and innovative design, integrating emerging technologies like 5G, big data, VR, AR, AI, and cloud computing, adhering to the "Culture + Technology" model, which represents a new economic form in the digital creative industry [2][3] - The digital creative industry's development heavily relies on technological innovation, particularly advancements in AI and large model algorithms, which expand the application boundaries of AI in graphic processing [2][3] Group 2: Financial Performance - In the Q3 2025 report, the most significant positive change in the company's profitability was the improvement in internal management, leading to a reduction in operating costs and management expenses, resulting in a year-on-year decrease in losses [3] - The company currently has a sufficient number of orders on hand and aims to further enhance management efficiency to continuously improve operational performance and provide returns to investors [3] Group 3: International Expansion - The company is steadily advancing projects in regions such as the Middle East, Africa, and Southeast Asia, although overseas revenue currently accounts for a small proportion; future plans include accelerating the exploration of broader emerging overseas markets [3] Group 4: Strategic Partnerships - The company has not established any collaboration with Google [3]

| | 订单充足，感谢您对公司的关注。 | | --- | --- | | 日期 | 2025-11-20 | 投资者关系活动记录表 编号：2025-002 | 投资者关 | □特定对象调研 分析师会议 □ | | --- | --- | | □ 系活动类 | 媒体采访 √业绩说明会 | | □ 别 | 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 | 投资者网上提问 | | 名称及人 | | | 员姓名 | | | 时间 | 年 月 日 下午 2025 11 20 (周四) 14:30~17:00 | | 地点 | 公司通过全景网"投资者关系互动平台"（https://ir.p5w.net）采 | | | 用网络远程的方式召开业绩说明会 | | | 1、董事长李晓华 | | | 2、董事、总经理朱明园 | | 上市公司 | 3、董事、副总经理杨海波 | | 接待人员 | 4、独立董事王东民 | | 姓名 | 5、独立董事刘阿苹 | | | 6、独立董事陈爱东 | | | 7、董事会秘书、财务总监唐晶莹 | | | 公司将会议中投资者所 ...

投资者关系活动记录表 证券代码：301115 证券简称：联检科技 联检（江苏）科技股份有限公司 编号：2025-011 | 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（请文字说明其他活动内容） | | 参与单位名称及 | 天风证券 王涛、王悦宜；上海禾昇投资 章孝林 | | 人员姓名 | | | 时间 | 2025年11月20日 | | 地点 | 公司会议室 | | 上市公司接待人 | 董事、董事会秘书 吴海军；监事会主席、证券事务代表 朱晔 | | 员姓名 | | | | 1、公司在并购方面的规划？ | | | 答：公司通过精准化收并购实现外延式发展，采用"区域渗透+赛道扩张+ | | | 资质补强"三维并购策略，以理性筛选机制实现精准并购，快速获得区域资质、 | | | 客户资源和实验室网络。优先选择区域龙头、政策驱动的高增长赛道及资质稀缺 | | | 标的，通过并购抢占水利、汽车、计量较准、低碳、电子电器、智能硬件、网络 | | | ...

Group 1: Company Performance - In the first three quarters of 2025, the company achieved a revenue of 5.593 billion yuan, representing a year-on-year growth of 20.27% [3][5] - The net profit attributable to shareholders for the same period was 314 million yuan, with a year-on-year increase of 19.58% [3][5] - In Q3 2025, the net profit reached 92 million yuan, showing a remarkable growth of 252.87% compared to the previous year [3][5] Group 2: Market Position and Challenges - The company has been listed for 9 years but has not gained significant market recognition, with its market value only about one-third of its initial listing value [2][6] - The company acknowledges that its stock price does not reflect its intrinsic value and growth potential [6][7] - The company is currently ranked 6th among domestic PCB manufacturers and 26th globally [9][12] Group 3: Strategic Initiatives - The management is focused on optimizing product structure, enhancing cost control, and accelerating high-end capacity release to improve profitability [3][7] - The company is actively exploring share buybacks and management shareholdings as part of its market value management strategy [6][10] - A new factory in Thailand is under construction, aimed at optimizing global capacity and serving international customers [12] Group 4: Investor Relations and Feedback - The company has received feedback regarding the disparity between employee compensation and company performance, and it is considering reforms to align incentives with performance [10][11] - Investors have expressed concerns about the impact of rising raw material costs on PCB shipments, to which the company is responding with price adjustments and improved material utilization [3][4]

Group 1: Financial Performance - In the first three quarters of 2025, the company achieved revenue of 582.31 million yuan, a year-on-year decrease of 16.06% [2] - In Q3 alone, revenue was 222.34 million yuan, showing a quarter-on-quarter growth of 9.44% [2] - Net profit attributable to shareholders was 30.61 million yuan in Q3, reflecting a quarter-on-quarter increase of 44.14% [2] Group 2: Business Operations - The company is experiencing a gradual recovery in performance, with production capacity from factories in Vietnam and Indonesia being released [2] - The digital transformation in traditional industries is creating significant growth potential for the IoT sector, with emerging business areas like video vehicle networking and animal traceability management showing good sales growth [3] Group 3: Market Strategy - The company has established a global presence with offices in North America, Europe, and regions along the Belt and Road, covering over 140 countries and territories [3] - The strategy focuses on "localized service + efficient supply chain" to enhance global market competitiveness [3] Group 4: Future Plans - The company is considering implementing a stock incentive plan to attract and retain talent, which will be evaluated for long-term stability [3] - Plans to expand overseas market share are in place, leveraging core advantages in ODM and JDM sectors [3]

证券代码：300793 证券简称：佳禾智能 佳禾智能科技股份有限公司投资者关系活动记录表 编号：2025007 | | □√ 特定对象调研 □分析师会议 | | --- | --- | | | □媒体采访 □业绩说明会 | | 投资者关系活动类别 | □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 | 兴全基金 李杰、高腾国际 吕栋、国信证券 吴越、国信证券 王艺 | | | 熹、海富通基金 莫迁、海富通基金 陈聂长、海富通基金 刘子宁、 | | 名 | 华商基金 余丹妮、东吴证券 董含星 | | 时间 | 2025 年 11 月 20 日 | | 地点 | 佳禾智能科技股份有限公司 | | 上市公司接待人员 | 副总经理兼董事会秘书夏平先生、投关经理程维荣先生 | | | 一、参观展厅：由投关经理程维荣为投资者讲解了公司发展历程， 研发、生产布局、主要产品等情况。 二、交流座谈 | | 投资者关系活动主要内 | 1、今年以来，公司整体营收及毛利率水平出现下降，主要原因是 | | 容介绍 | 什么？ | | | 答：公司今年整体营收及净利润水平有所下降，主要 ...

出席人数：7 名 一、会议开始 本次机构投资者电话调研会议由中金公司组织，公司副总裁兼董秘章其强先 生应约参加会议，首先向参加此次电话会议的机构投资者表示感谢，其后向投资 者介绍了公司基本情况、公司发展战略规划及近期主要工作的进展情况，同时强 调了关于遵守承诺函的约定和上市公司信息披露的有关规定。 二、沟通交流 江苏神通电话会议 调研活动记录 会议地点：公司会议室 会议时间：2025 年 11 月 19 日 会议主持：章其强 会议记录：章其强 问：核级阀门是不是每过几年都要更换整个阀门？ 答：阀门属于易损件和易耗品，在长期运行过程中，其内部零部件会因老化而逐 渐影响整体性能。为确保核电站的安全稳定运行，通常需定期对阀门设备开展检 修与维护，并对性能出现下降的阀门零部件实施预防性更换或维修。随着在运核 电机组有序扩容，叠加老旧机组对备件需求的持续释放，核电备件市场有望为公 司带来稳健且可持续的收入增长。 问：可控核聚变技术发展对行业和公司的影响？ 问：公司与国内同行目前的竞争态势是什么样的？ 答：公司在核电阀门领域与国内同行企业之间更多体现为互补性的良性竞争，随 着核电新项目审批建设进入常态化，以及关键设备国产 ...

证券代码：002438 证券简称：江苏神通 江苏神通阀门股份有限公司投资者关系活动记录表 编号：2025-021 | | □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 | | | □新闻发布会 | □路演活动 | | 类别 | □现场参观 | | | | □√其他（电话调研） | | | 参与单位名称及 | 中金公司、Mondrian | | | 人员姓名 | | | | 时间 | 2025 年 11 月 19 日 | | | 地点 | 公司会议室 | | | 上市公司接待人 | 副总裁：章其强先生 | | | 员姓名 | | | | 投资者关系活动 | | 机构投资者就公司生产经营情况、未来发展规划和战略等进行沟 | | 主要内容介绍 | 通交流。 | | | 附件清单（如有） | 具体内容详见附件：2025 | 年 11 月 19 日投资者调研会议记录 | | 日期 | 2025 年 11 月 19 日 | | ...