Group 1: Company Performance - The company's 2025 annual performance improved due to increased demand for certain products, a rise in overall gross profit margin, and cost reduction efforts, resulting in a year-on-year performance increase [2] - The agricultural chemical industry remains competitive, with major pesticide product prices stabilizing at low levels, but there are signs of demand recovery and price increases for some products [2] Group 2: Market Outlook - The company is optimistic about the market potential for precision glyphosate, expecting continued growth in market demand due to product registrations, marketing efforts, and production technology improvements [2][3] - Following the cancellation of the export tax rebate policy, there have been changes in market orders and pricing, but overall product prices are still influenced by competition, supply and demand, and customer purchasing methods [3] Group 3: Project Developments - The cyanide project at the Jingzhou base is still in the preliminary stages, pending approval from the board of directors [3] - The company's bio-manufacturing platform in Hunan has successfully launched a 20,000 tons/year enzymatic precision glyphosate project, with normal production conditions [3] Group 4: Corporate Governance - The company is in the process of a potential change in controlling shareholder and actual controller, with a public solicitation for transferees announced, pending approval from relevant authorities [3] - There are currently no plans for an equity incentive program as this matter is still under discussion [4]

Group 1: Business Overview - The company has 35 licensed operating projects nationwide, with the highest market share in first-tier cities [4] - The core competitive advantages of the biomass resource regeneration sector include project layout, full-chain industry advantages, and a focus on sustainable aviation fuel (SAF) supply [4] Group 2: Project Updates - The Beijing Tongzhou Organic Waste Resource Comprehensive Treatment Center project has a daily processing capacity of 2,100 tons and is expected to be operational in the second half of 2026 [4] - The company adheres to a "stable operation, ensure renewal" principle for expiring licensed projects, with plans for competitive bidding or negotiations for renewals [5] Group 3: Policy and Market Insights - The timeline for domestic aviation fuel mandatory blending policies is currently uncertain, but the company has advantages in UCO supply due to its early layout in major cities [6] - The company is cautiously exploring mergers and acquisitions, focusing on core business and industry chain extensions [7] Group 4: International Expansion - The company has established subsidiaries in Singapore and Hong Kong to expand overseas, focusing on regions rich in bioenergy resources [8] - Preliminary research has been conducted in Brazil and Malaysia for biomass resource regeneration, while overseas market expansion will be approached steadily due to potential operational risks [8]

投资者关系活动记录表 | 编号：2026-001 | | --- | | 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（请文字说明其他活动内容） ☐ 农银汇理基金汤砚卿、鹏扬基金梁君岳、华泰资产王曦炜、长城基 | | | 金李金鸿、天风证券唐婕、东方证券倪吉、东方证券万里扬、东方 | | 参与单位名称及人员姓名 | | | | 财富证券汪智谦 | | 时间 | 2026年01月28日 15:00-17:00 | | 地点 | 宜宾天原集团股份有限公司会议室 | | | 董事会秘书 何波 | | | 副总会计师 陶铸 | | 上市公司接待人员姓名 | 海丰和泰副总经理 梁波 | | | 证券事务代表 张梦、谢明洋 | | | 锂电新材销售经理 邓雨亮 | | | 1. 公司"十五五"战略规划？ | | | 答:公司"十五五"规划仍然是围绕"一体两翼"战略目标，持 | | 投资者关系活动主要内容 | 续在氯化法钛白粉和新能源电池材料方面深耕，目前公司 ...

Group 1: Medical Sector Overview - The medical business under the "Winner" brand includes traditional wound care, high-end dressings, surgical consumables, infection protection, and personal health products. High-end dressings are experiencing rapid growth, particularly in overseas markets, while domestic markets are still in the promotion phase, indicating significant future potential [1][2]. - The medical sector is driven by both organic growth and external acquisitions, maintaining a steady upward development trend [2]. Group 2: Profitability and Future Outlook - The medical sector's profitability is recovering post-public health events, with fluctuations observed from 2020 to 2024. A comprehensive integration and efficiency improvement strategy is expected to enhance profit margins, aiming to restore them to pre-2020 levels [3]. - Future profitability is anticipated to improve as the sector shifts towards high-end product structures and brand enhancement, with a focus on optimizing cost control [3]. Group 3: Strategic Acquisition of GRI - The acquisition of GRI brings strategic advantages, including access to quality channels and customer resources, a global production capacity across multiple countries, and significant product synergy that supports market expansion, particularly in the Americas [4]. Group 4: All Cotton Era's Competitive Advantages - All Cotton Era's core competitive advantages lie in its medical background, cotton philosophy, and quality gene, attracting a loyal customer base focused on safety and sustainability [5]. - The brand has implemented a successful product strategy and refined channel operations, leading to consistent revenue and profit growth [5]. Group 5: Differentiation and Market Position - All Cotton Era differentiates itself through its brand vision, product innovation, and channel layout, emphasizing the benefits of cotton and maintaining high production standards [6]. - The brand has developed a unique business model and achieved leading positions in several product categories, driving overall sales growth [6]. Group 6: Channel Strategy and Profitability - The channel strategy balances online and offline development, with online sales accounting for approximately 60% and offline for about 40% of total revenue [7]. - The brand has strengthened partnerships with major e-commerce platforms and is expanding its physical store presence, focusing on quality over quantity in store openings [7]. Group 7: Marketing and Brand Building - All Cotton Era prioritizes brand building over speed, employing a long-term marketing strategy that emphasizes brand value and consumer engagement through various promotional activities [9]. - The company focuses on high-quality content and precise advertising strategies to enhance brand recognition and drive sustainable business growth [9].

证券代码：002106 证券简称：莱宝高科 深圳莱宝高科技股份有限公司 投资者关系活动记录表 编号：2026-001 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 南方基金管理股份有限公司：郭东谋、李金哲 湖南卓远基金管理有限公司：唐远 上海证券报社有限公司深圳分公司：黄金滔 时间 15:40-17:10 地点 深圳市光明区光源四路 9 号 公司光明工厂二期办公楼二楼 会议室 上市公司接待人 员姓名 副总经理 兼 董事会秘书：王行村、证券事务代表：曾燕 投资者关系活动主要内容介绍 本次调研活动由深圳莱宝高科技股份有限公司（以下简称"公司"）董事 会秘书、证券事务代表带领调研人员参观了公司展厅，然后在会议室向参与调 研人员主要介绍了公司主营业务情况、近期生产经营情况、所处行业发展现状 及未来发展趋势、产品相关技术发展现状及未来发展趋势、以及公司与地方政 府合作投资的微腔电子纸显示器件（MED）项目等相关情况，并进行相关沟通 交流。 本次调研活动的主要沟通内容如下： 1、请介绍一下公司 MED 项目的最新进展情 ...

证券代码：301175 证券简称：中科环保 北京中科润宇环保科技股份有限公司 投资者关系活动记录表 编号：2026-001 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（方正证券上市公司交流会） 参与单位 名称及人 员姓名 新华基金管理股份有限公司；财信证券股份有限公司；深圳创华投 资咨询有限公司；方正证券股份有限公司以及参加本次交流会的线 下投资者 时间 2026 年 1 月 29 日（星期四）9:00-10:00 地点 方正证券上市公司交流会举办地（深圳） 上市公司 接待人员 姓名 证券事务部副总经理：王波 证券事务部投资者关系高级专员：冯爽 投资者关 系活动主 要内容介 绍 一、公司业绩情况介绍 公司参会人员对 2025 年经营情况及绿色热能高效利用等业务 亮点进行了简要介绍。介绍完整体情况后，参会人员与投资者开展 了深入的沟通交流。 二、互动交流 问：请问公司在供热业务中，未来是否有更大的增长空间或发 展规划？ 答：公司坚定贯彻"短期靠绿能做优"的核心战略，以规模化 +多场景应用模式，持续扩大工业供热领先优势，并向移动供 ...

Group 1: Nickel-based Materials - The company maintains the leading market position in ternary precursor shipments, with high production capacity utilization and optimistic growth outlook for nickel-based materials [1] - New generation ternary materials are expected to enhance cost performance and maintain high energy density, particularly in high-end vehicle markets [1] - Ternary batteries are favored in emerging power markets, including low-altitude economies and humanoid robots, due to their unique competitive advantages [1] Group 2: Phosphate Materials - The company has established a production capacity of 200,000 tons for phosphate iron and 50,000 tons for phosphate iron lithium, ensuring a stable supply chain and cost advantages [2] - The company ranks first in the external sales market for phosphate iron, with a focus on technological development and product innovation to enhance competitiveness [2] Group 3: Cobalt-based Materials - The company’s cobalt oxide shipments have consistently ranked first globally, with strong collaboration with the 3C industry driving demand for high-performance cobalt materials [3] - The integration of AI technology with consumer electronics is expected to boost market demand for battery performance and longevity [3] Group 4: Sodium-based Materials - The company is pursuing a dual-technology strategy for sodium battery materials, achieving significant orders and shipments in 2025 [4] - The economic benefits of sodium batteries are becoming apparent as lithium carbonate prices rise, with expectations for increased shipments in 2026 [4] Group 5: Recycling and Sustainability - The company is committed to sustainable development through battery recycling initiatives, aiming to become a benchmark in the industry [5] - A nationwide battery recycling system is being established, focusing on closed-loop cooperation with industry partners [5] Group 6: International Expansion - The company is collaborating with local firms in Morocco to establish a battery materials production base, targeting the European and American markets [6] Group 7: Resource Management - The company has secured 600 million wet tons of nickel ore resources through strategic investments and partnerships, positively impacting profitability amid rising nickel prices [7] - The company controls high-quality phosphate resources in Guizhou, with a planned annual extraction of 2.8 million tons, and has acquired lithium resources in Argentina with over 10 million tons of lithium carbonate [8]

证券代码：002791 证券简称：坚朗五金 编号：2026-001 广东坚朗五金制品股份有限公司 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（电话会议） 参与单位名称 及人员姓名 长江证券、中泰证券、广发证券、中信证券、东吴证券、中金公司、 华源证券、财通证券、国盛证券、申万宏源证券、平安证券、光大 证券、国联民生 19 位分析师。 时间 2026 年 01 月 29 日（星期四） 19:30-21:00 地点 线上会议 公司接待人员 姓名 董事长兼总裁：白宝鲲先生 董事会秘书：殷建忠先生 财务总监：邹志敏先生 投资者关系活 动主要内容介 绍 1、2025 年度主要经营情况。 2025 年度公司预计归属于上市公司股东的净利润亏损 7000 万元至 9500 万元；扣除非经常性损益后的净利润亏损 9500 万元至 11500 万元，整体营业收入预计同比下降 15%左右。 收入方面：公司持续围绕建筑配套件集成供应战略定位开展 工作。为应对市场变化，公司积极优化业务结构，与房地产关联度 较高的国内业务订单有一定减 ...

Group 1: Company Overview and Business Segments - The company operates in three main business segments: photovoltaic equipment, lithium battery equipment, and packaging machinery, each showing different performance trends in 2025 [4] - Photovoltaic equipment faced revenue pressure due to industry cyclicality but maintained a strong global market position, particularly with significant breakthroughs in the North American market [4] - Lithium battery equipment benefited from surging energy storage demand, achieving record-high orders with production capacity scheduled until 2027 [4] - Packaging machinery demonstrated stable operations with a high proportion of overseas revenue, contributing consistently to profits [4] Group 2: Technology and Product Adaptability - The production processes and technical standards for photovoltaic modules are relatively uniform, allowing for high compatibility with various battery cell technologies [4] - The company’s equipment, including laminators and intelligent production lines, can seamlessly integrate with different battery cell manufacturing processes [4] - The company has established substantial cooperation with leading clients in the perovskite equipment sector, focusing on R&D collaboration and localized services [5] Group 3: Market Position and Competitive Advantages - The company has become a core supplier in the North American photovoltaic equipment market, successfully delivering equipment to multiple clients [6] - Competitive advantages include a high market share in local component production lines, localized service centers for rapid support, and a diverse customer base including both Chinese enterprises and global Fortune 500 companies [6] Group 4: Future Outlook and Strategic Initiatives - The company is one of the earliest in China to focus on the R&D and industrialization of perovskite technology, with ongoing preparations for future applications in space photovoltaics [5] - The delivery cycle for perovskite equipment is approximately six months, with a controlled ramp-up period post-delivery, allowing for optimized equipment and process matching [6]

Group 1: Company Transformation and Strategy - The company is transitioning from equipment manufacturing to mining operation services, driven by solid talent reserves, extensive engineering experience, and significant equipment and technology advantages [2] - The strategic focus includes recruiting specialized personnel and adopting a "co-investment rather than control" model for overseas mining operations to manage investment risks [2] Group 2: Growth Drivers in Aftermarket Business - The growth of the aftermarket business is driven by product compatibility, alignment with customer needs, and innovative business models combining equipment sales with total production contracting [3] Group 3: Overseas Business Expansion - High growth in overseas business is attributed to a low initial base and a shift from trade to a long-term model involving local warehousing and service provision, supported by strong market demand [4] Group 4: Risk Management in Mining Operations - Core risks include external uncertainties in target mining environments, with mitigation strategies focusing on project selection, investment model optimization, and enhancing operational efficiency through smart management [5] Group 5: Competitive Advantages in Smart Operations - The company's competitive edge in smart operations lies in reliable equipment manufacturing, a comprehensive service system, and a closed-loop business model that fosters continuous product and technology improvement [6] Group 6: Strategic Framework and Investment Priorities - The "one core, two wings" strategy emphasizes equipment manufacturing while balancing resource investment and service operations, prioritizing gold and copper mining projects to manage investment risks effectively [7] Group 7: Financial Performance and Profitability - The company anticipates limited operational leverage increase due to industry characteristics, with profit margin expansion potential linked to the growth of aftermarket and overseas business contributions [8]