证券代码：837821 证券简称：则成电子 公告编号：2025-036 深圳市则成电子股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、投资者关系活动类别 □特定对象调研 □现场参观 □新闻发布会 □分析师会议 □路演活动 □其他 二、投资者关系活动情况 活动时间：2025 年 5 月 15 日（星期四）15：00-17：00 活动地点：全景网"投资者关系互动平台"（http://ir.p5w.net） 参会单位及人员：通过网络方式参加公司 2024 年年度报告业绩说明会的投 资者 上市公司接待人员：公司董事长：薛兴韩先生；公司总经理、董事：蔡巢先 生；公司财务总监、董事会秘书：魏斌先生；兴业证券保荐代表人：袁联海先生。 2024 年经营业绩情况进行介绍，同时公司在业绩说明会上就投资者关心的问题 进行了回答，主要问题及回复情况如下： 问题 1：请问公司 2024 年度及 2025 年一季度经营情况如何？ 回复：尊敬的投资者，您好！2024 年公司实现营业收入 391 ...

Group 1: Financial Performance - In 2024, the company reported a revenue of 137.22 million yuan, a decrease of 17.93% year-on-year [5] - The net profit attributable to shareholders was 23.14 million yuan, down 45.41% compared to the previous year [5] Group 2: Market Conditions - The gas wall-hung boiler industry faced challenges due to the escalation of the Russia-Ukraine conflict, geopolitical tensions, and high inflation, leading to a sluggish market in Europe [5] - The global economic environment remains complex, with ongoing international conflicts affecting market dynamics [6] Group 3: Product Sales and Structure - The sales revenue from household heat exchangers decreased to 78.95%, while commercial heat exchangers increased to 20.41% in 2024 [7] - The company focuses on aluminum alloy condensing heat exchangers and aims to enhance communication with downstream customers for sustainable cooperation [7] Group 4: Research and Development - Future R&D efforts will concentrate on aluminum alloy condensing heat exchangers and exploring the feasibility of investments in the automotive parts sector [6][7] - The company plans to strengthen its R&D capabilities through collaborations with educational institutions [6] Group 5: Investor Relations and Dividends - The company actively monitors its stock price and emphasizes investor interests, implementing a stable dividend policy [7] - The profit distribution plan for 2024 will be reviewed at the shareholder meeting on May 22, 2025, with specific implementation details to be announced later [8]

Group 1: Company Overview and Business Model - The company operates under a "three-in-one" model of investment, operation, and product manufacturing, ensuring efficient collaboration among business segments [4] - The core business focuses on distributed photovoltaic power station investment and operation, alongside quartz product manufacturing [4] Group 2: Market Competition and Strategy - The competitive landscape in the quartz product sector is influenced by market size, industry trends, and entry barriers [5] - The company plans to increase investments in distributed photovoltaic power stations and actively participate in electricity market transactions [6] Group 3: Financial Performance and Market Share - In 2024, the company's revenue from distributed photovoltaic power station investment and operation increased by 8.24% to CNY 118.03 million, driven by an increase in installed capacity [10][18] - The overall revenue decline in 2024 was primarily due to decreased sales of crystalline silicon solar cells [9] Group 4: Research and Development - The company invested CNY 2.67 million in R&D in 2024, with 13 ongoing projects and 16 new patents granted [8] - Future R&D efforts will focus on diversifying product offerings to meet market demands [8] Group 5: Shareholder Engagement and Value Management - The company emphasizes value management based on intrinsic value, improving governance, and enhancing operational performance to reward shareholders [14] - A cash dividend of CNY 1.20 per 10 shares is proposed for 2024, totaling CNY 15.62 million [20] Group 6: Market Demand and Future Plans - The demand for clean energy, particularly in the Jiangsu and Zhejiang regions, remains strong under the dual carbon goals [15] - Future plans include developing more distributed photovoltaic projects and leveraging synergies to expand the quartz product market [17]

Group 1: Investor Relations Activity - The investor relations activity was an earnings briefing held on May 15, 2025, at the Shanghai Securities News Roadshow Center [3] - Participants included the Chairman, General Manager, Board Secretary, and a representative from Guotou Securities [3] Group 2: Company Performance Overview - The company reported a net loss of CNY 23.94 million for 2024, with the parent company’s net profit at CNY -24.27 million [7] - The total undistributed profits as of December 31, 2024, were CNY 84.67 million for the consolidated report and CNY 84.51 million for the parent company [7] Group 3: Reasons for Performance Decline - The decline in performance was attributed to weak consumer demand, slow recovery in the restaurant sector, and a decrease in pig inventory due to the African swine fever [5] - The company faced intense competition in the feed and feed additive market, leading to a significant drop in profitability [5] Group 4: Future Strategies for Profitability - Sales strategies include focusing on regional feed brands and expanding into egg and aquatic products [5][6] - The company plans to enhance product differentiation and focus on core customer needs to increase sales [6] - Technical innovations and market research will be prioritized to improve product competitiveness [7] Group 5: Dividend Policy - The company did not declare dividends for 2024 due to losses, which did not meet the conditions for cash dividends as per the company’s articles [7] Group 6: Investment and Project Updates - The company is constructing a self-breeding pig farm and has sufficient funding for this project [9] - The micro-ecological agent project reached a usable state by March 31, 2024, but its purpose was changed due to market conditions [10] - The marketing service center project’s completion date was extended to December 31, 2025, with a cumulative investment progress of 56.98% as of December 31, 2024 [10]

Group 1: Business Growth and Strategy - The company plans to focus on the growth of air compressor and hydraulic components while expanding the application of continuous cast iron materials in transmission components [2] - Customized development will be conducted for different application scenarios of transmission components to meet the needs of reducers and gears, aiming to explore new business growth points [2] Group 2: Core Business and Technology - The company specializes in the R&D, production, and sales of precision machined parts and continuous cast iron components, being one of the few high-tech enterprises mastering core continuous cast iron technology [2] - Continuous ductile iron materials and precision machined parts are used in the manufacturing of robot reducers [2] Group 3: Industry Outlook and Performance - The overall industry is developing steadily, and the company has disclosed relevant industry information in its 2024 annual report [3] - The company has plans for 2025, which are also detailed in the 2024 annual report [3] Group 4: Collaborations and Partnerships - The company has invested in Pasini Robotics but currently has no deep cooperation with related enterprises [3] - Initial cooperation has begun with Zhiyuan for robot structural components, although it is still in the early stages [5] Group 5: Material Development and Innovation - The company has developed continuous ductile iron materials suitable for RV/harmonic reducers, which offer high rigidity, wear resistance, ease of processing, and lightweight advantages [5] - The company is focusing on the R&D of ADI materials, which is considered a key project for future business development [5]

Group 1: Financial Performance - The company reported a net profit of 30.98 million CNY for 2024, with a proposed cash dividend of 80.66 million CNY despite previous losses [2] - In Q1 2025, the company's revenue decreased by 13.36% compared to the same period last year, with revenue around 50 million CNY [3] - The number of shareholders as of May 10, 2025, is over 9,200 [4] Group 2: Strategic Measures - The company aims to enhance core competitiveness and service levels by focusing on market orientation and customer-centric approaches, leveraging advantages in architectural design and innovation [2] - Strategic collaborations with leading real estate companies and state-owned enterprises are being pursued to stabilize residential business development [3] - The company is exploring opportunities in non-residential projects, including healthcare, education, and commercial design, to fill its design order book [3] Group 3: Technological Innovations - A dedicated technical team was established to develop semi-automated design tools, including BIM modeling systems and intelligent design tools [3] - Future plans include deepening the integration of AI and BIM technologies to create a fully intelligent architectural information modeling solution [3] Group 4: Market Adaptation - The company is actively participating in urban renewal projects, indicating a focus on city planning and design consulting [5] - The shift in housing development from quantity to quality is acknowledged, with plans to explore green, intelligent, and digital transformations in the industry [5]

证券代码：837748 证券简称：路桥信息 公告编号：2025-038 厦门路桥信息股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、 投资者关系活动类别 □特定对象调研 √业绩说明会 □媒体采访 □现场参观 □新闻发布会 □路演活动 □其他 二、 投资者关系活动情况 活动时间：2025 年 5 月 15 日 活动地点：本次厦门辖区上市公司 2024 年年报业绩说明会暨投资者网上集 体接待日活动于 2025 年 5 月 15 日（星期四）15:40- 17:00 采用网络方式举行。 投资者通过登录"全景路演"网站（https://rs.p5w.net/），或关注微信公众号： 全景财经，或下载全景路演 APP，参与本次互动交流。 参会单位及人员：通过网络方式参与厦门辖区上市公司 2024 年年报业绩说 明会暨投资者网上集体接待日活动的投资者。 上市公司接待人员：公司董事/总经理/董事会秘书魏聪先生、公司财务负责 人黄育苹女士、公司独立董事刘馨茗女士、公司保荐代表人胡盛 ...

Group 1: Investor Relations Activities - The company held an annual performance briefing on May 15, 2025, via an online platform [4] - Key attendees included the Chairman, General Manager, and various department heads [4] Group 2: Client Base and Market Position - Major clients include large state-owned enterprises such as AVIC, CSSC, and CETC [5] - The company has established stable and sustainable partnerships with these clients, covering major domestic research institutes [5] Group 3: Development Opportunities - China's defense budget is projected to grow by 7.2% in 2025, providing stable growth for the military electronics sector [6] - The company is positioned in a growing market for network buses and special display technologies, with increasing demand [6] Group 4: Financial Performance - The company reported a 29.07% increase in total revenue for 2024, driven by strategic focus and product innovation [15] - R&D expenses for 2024 amounted to 16.38 million CNY, representing 5.87% of total revenue [21] Group 5: Product Applications and Innovations - Main products are used in military applications, particularly in avionics systems, with a significant portion of revenue derived from these areas [9] - The company has developed a unique LED dome display system for military simulation training, filling a gap in domestic technology [24] Group 6: Competitive Strategy - The company emphasizes continuous R&D investment to maintain technological leadership and product innovation [12] - It has established relationships with over 100 new clients in 2024, expanding its market reach [12] Group 7: Challenges and Future Outlook - The company faces challenges due to the uneven distribution of orders in the military procurement sector, leading to a loss in Q1 2025 [25] - Future strategies include enhancing product quality and exploring AI applications in military information systems [10]

Group 1: Investor Relations Activity - The company held an annual performance briefing on May 14, 2025, via an online platform [3] - Key attendees included the Chairman, General Manager, CFO, and other board members [3] Group 2: Financial Performance - In Q1 2025, the company achieved a revenue of ¥75,860,845.14, representing a year-on-year growth of 24.11% [5] - The net profit attributable to shareholders, excluding non-recurring items, was ¥5,661,806.08, with a year-on-year increase of 47.35% [5] Group 3: R&D and Product Development - The company is developing products for data centers, focusing on intelligent power management and energy quality monitoring [6] - New products can be found on the company’s official website and WeChat public account [8] Group 4: Dividend Policy - The proposed dividend for the 2024 fiscal year is ¥1.00 per 10 shares, totaling an estimated cash dividend of ¥16,064,100 [7] - The dividend plan is based on current profitability and financial planning [7] Group 5: Business Expansion and Market Strategy - The company is considering acquisitions to expand its business while maintaining a cautious approach [9] - It does not manufacture charging piles but provides equipment to charging pile companies, with significant clients in the sector [10] Group 6: Key Clients and Applications - The company’s products are used in various sectors, including data centers, communication bases, and renewable energy [11] - Notable clients include major companies like Tencent, Alibaba, and China Telecom, enhancing the company's market position [11]

Group 1: Investor Relations Activity Overview - The investor relations activity was an earnings briefing held on May 15, 2025, from 15:00 to 17:00 on the Value Online platform [3] - Attendees included the company's chairman, general manager, financial officer, and board secretary [3] Group 2: Financial Performance - In 2024, the company achieved a revenue of CNY 435.63 million, representing a year-on-year growth of 12.45% [8] - The net profit for 2024 was CNY 15.69 million, reflecting a significant decline of 50.18% compared to the previous year [9] Group 3: Key Issues Addressed - The primary reason for the net profit decline was attributed to high sales of low-margin cathode products and a decrease in fair value gains from stock holdings [5] - Fluctuations in raw material prices, particularly for stainless steel and copper, significantly impacted production costs, with strategies in place to mitigate these risks [6] Group 4: Market Expansion and Product Development - The company is exploring expansion into zinc and nickel smelting equipment while maintaining a focus on copper electrolysis [7] - The black copper powder stripping equipment, a new product, has received recognition and is currently being promoted in the market [11] Group 5: Strategic Goals and Challenges - The company aims to establish itself as a domestic leader in stainless steel cathode production and repair, transitioning from a manufacturer to a comprehensive service provider [13] - Challenges in overseas market expansion include brand recognition, sales channel development, and competition [10] Group 6: Environmental and ESG Initiatives - The company emphasizes clean production processes and is actively engaged in environmental and ESG initiatives [15] Group 7: Industry Comparison and Future Outlook - Compared to peers, the company has a strong foothold in the copper refining equipment sector, leveraging years of industry experience [17] - Future growth is expected through innovation in energy-saving and environmentally friendly technologies [12]