证券代码：001391 证券简称：国货航 中国国际货运航空股份有限公司 投资者关系活动记录表 编号：2025-002 投资者关系活动类别 □特定对象调研 □媒体采访 □新闻发布会 □现场参观 □分析师会议 ☑业绩说明会 □路演活动 □其他（请文字说明其他活动内容） 活动参与人员 投资者网上提问 公司参与人员： 董事长阎非；董事、总裁李军；独立董事祝继 高；副总裁王洪岩；总会计师李一川；董事会秘 书赵婧 中介机构参与人员： 保荐代表人葛伟杰；保荐代表人李中晋 时间 2025 年 4 月 22 日(周二) 15:00-16:30 地点 全景网投资者关系互动平台 （https://ir.p5w.net） 形式 网络远程 交流内容及具体问答 记录 公司就投资者在本次说明会中提出的问题进行了 回复： 问题一：在与上下游企业的合作关系维护和拓展 方面，2024 年公司有哪些成果，这些合作对公司 的成本控制和业务拓展有何帮助？ 答：在市场客户合作方面，公司持续稳固了与传 | 统客户的合作关系，同时也注意与新兴的贸易平 | | --- | | 台和新兴市场的客户建立合作，市场反应总体良 | | 好；公司以供应链管理理念为指导 ...

Group 1: Financial Performance - In 2024, the company achieved a revenue of 8.647 billion CNY, with a net profit attributable to shareholders of 2.838 billion CNY, representing a year-on-year growth of 179.15% and 312.26% respectively [2] - In Q1 2025, the company reported a revenue of 4.052 billion CNY and a net profit of 1.573 billion CNY, showing a year-on-year increase of 384.54% [2] Group 2: Market and Product Insights - The growth in revenue and profit is primarily driven by continuous investment in computing power and a strong demand for high-speed optical module products [2] - The company has seen a sustained increase in the shipment of 800G products in Q1 2025, both year-on-year and quarter-on-quarter [3] Group 3: Operational Developments - The first phase of the Thailand factory commenced operations in H1 2023, with the second phase officially starting in early 2025, currently in a phase of continuous capacity expansion [3] - The company is actively focusing on domestic market development, with a dedicated team for market expansion and customer service, achieving good progress in 2024 [3] Group 4: Future Outlook and Strategic Considerations - The company does not currently observe any weakening in computing power demand in overseas markets for the second half of the year based on existing market demand and order conditions [3] - The company remains focused on its core business and technological innovation, emphasizing long-term performance and stable returns to investors, with future considerations for dividends and share buybacks to be announced as per official communications [3]

Financial Performance - In 2024, the company achieved operating revenue of 2.431 billion CNY, a year-on-year increase of 30.86% [4] - The net profit attributable to shareholders was 536 million CNY, up 4.36% year-on-year [4] - The operating cash flow net amount reached 971 million CNY, reflecting an 11.78% increase [5] - In Q1 2025, the company reported operating revenue of 767 million CNY, a 54.23% increase year-on-year, with a net profit of 173 million CNY, up 39.41% [4] Operational Highlights - The company processed 3.2 million tons of municipal solid waste in 2024, generating 1.473 billion kWh of electricity, a 0.82% increase [4] - The electricity generated per ton of waste was 459.94 kWh, a 1.85% increase year-on-year [4] - The growth in performance was primarily driven by the acquisition of Renhe Environment and the commissioning of new projects, adding 1,800 tons/day of waste incineration capacity [4] Strategic Initiatives - The company plans to maintain a cash dividend ratio of no less than 50% of the net profit attributable to shareholders [6] - A cash dividend of 9 CNY per 10 shares (before tax) is proposed for 2024, continuing the previous two years' policy [6] - Future growth points include expanding operational capacity, leveraging core technologies in waste treatment, and pursuing new project developments in Kyrgyzstan [8] Industry Positioning - The company leads the industry in electricity generation per ton of waste due to advanced equipment and operational stability [4] - The synergy between waste incineration and data center (IDC) construction is highlighted, with a focus on renewable energy and stable power supply [6] - The company aims to expand into sustainable waste management projects in regions along the Belt and Road Initiative [8]

证券代码：920016 证券简称：中草香料 公告编号：2025-046 安徽中草香料股份有限公司 关于投资者关系活动记录表的公告 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。 □其他 二、 投资者关系活动情况 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 □分析师会议 □路演活动 活动时间：2025 年 4 月 21 日 活动地点：线上会议 参会单位：国联民生、同泰基金、易米基金、民生证券、易方达基金、开源 证券资管、中山证券、财信证券、浦银安盛基金、贝盈基金、汇丰晋信基金、厦 门中略投资、泰康基金、红塔证券、中泰证券、中信建投基金、东吴证券、江海 证券、华鑫证券 上市公司接待人员：董事、董事会秘书赵娅女士 三、 投资者关系活动主要内容 在本次投资者关系活动中公司向各位投资者简要介绍了公司的基本情况、 主营业务、产品特性等内容。本次投资者关系活动的主要问题及问题回复概要 如下： 问题 1：公司项目建设及投产情况 回答：公司项目为"年产 2600 吨凉味剂 ...

证券代码：001872/201872 证券简称：招商港口/招港 B 招商局港口集团股份有限公司 第二部分：互动交流。 投资者关系活动记录表 编号：2025-03 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） 参与单位名称及 人员姓名 华创证券、信达证券、申万宏源证券、国泰海通证券、方正证 券、招商证券、兴业证券、长江证券、华泰证券、中信证券、 太平洋证券、证券时报、上海证券报、中国证券报、中国水运 报、南方日报、深圳商报、深圳特区报 时间 2025 年 4 月 23 日 地点 深圳证券交易所上市大厅 上市公司接待人 员姓名 首席运营官、总经理陆永新；董事李庆；独立董事郑永宽；财 务总监黄镇洲；总法律顾问（首席合规官）、董事会秘书刘利 兵等 投资者关系活动 主要内容介绍 第一部分：公司 2024 年报的业绩解读、业务发展情况的 介绍。 在业务表现方面，公司完成集装箱吞吐量 19,515.9 万标 箱，同比增长 8.3%。按区域分，内地港口项目完成集装箱吞 吐量 15,230.1 万标箱，同比增长 8.5%；香港及 ...

Group 1: Financial Performance - In Q1 2025, the company achieved a revenue of CNY 4.6 billion, a year-on-year increase of 9.58%, marking nine consecutive quarters of positive growth [2] - The net profit attributable to shareholders increased by 33.98% year-on-year to CNY 302 million, with 15 consecutive quarters of double-digit growth [2] - The net cash flow from operating activities reached CNY 578 million, up 33.33% year-on-year, reflecting strong cash recovery [4] Group 2: Strategic Initiatives - The company is committed to becoming a global leader in smart home appliances, focusing on AI technology to enhance product interconnectivity and user experience [2] - The global expansion strategy includes increasing exports and ODM orders, with a 7.34% rise in overall sales [3] - New product launches, such as the "Ice Kirin" series refrigerator and AI-powered washing machines, have improved product competitiveness and increased gross margin by 2.52% [3] Group 3: Production Capacity and Expansion - The company maintains high production capacity utilization, with ongoing upgrades and expansions to meet market demand [5] - The new production facility in Southeast Asia is expected to add 1 to 1.4 million units of annual capacity, enhancing global market presence [6] - The Hefei appliance project, with an investment of up to CNY 153 million, aims to upgrade refrigerator and washing machine production capacity [5] Group 4: Shareholder Relations - The company currently does not have sufficient undistributed profits to meet dividend distribution conditions but aims to reward investors once conditions are met [7][8] - The decision not to repurchase shares from minority shareholders of Oma Refrigerator is based on the belief that maintaining current equity arrangements will better incentivize management and support business growth [8]

证券代码：300784 证券简称：利安科技 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 参会单位名称 申万菱信基金：夏妍；浙商证券研究所：马远方；摩根基金：李昂 时间 2025 年 4 月 22 日 14:00-15:30 地点 公司 上市公司接待人员 总经理邱翌、董秘陈军 投资者关系活动主 要内容介绍 调研记录： 公司总经理邱翌介绍公司的基本情况，并就投资者关注的问题作相应的沟 通。主要沟通内容如下： 问题一：公司从事的主营业务？ 答复：公司主要从事注塑产品以及精密注塑模具的研发、生产和销售，是集 产品工业设计、精密模具设计、制造、注塑、喷涂以及组装等于一体的专业精密制 造企业。公司秉承"技术创造价值、技术引领市场"的经营理念，本着"团结、创 新、实效、精进"的企业精神，依托在注塑产品及精密注塑模具设计、加工、装配、 检测等方面积累的技术和经验，已发展成为规模化的"模塑一体化"生产企业。 问题二：美国关税政策对公司经营是否有重大影响？ 答复：公司 2024 年度实现国内销售 379,415,898.06 元，占营业收入的 74.1 ...

证券代码：301077 证券简称：星华新材 浙江星华新材料集团股份有限公司 投资者关系活动记录表 6.目前下游市场对消费类面料的需求情况可以介绍一下吗？ 答:投资者，您好。根据Statista预测，2023年，全球户外运 动用品市场规模达到2156亿美元，2024 年将增长至2265亿美元， 2025 年将达2363亿美元，2023年至2025年期间的复合年均增长率 约为5%，中国运动户外市场规模预计到2028年将增长至5593亿元。 根据渤海证券研究所《2023年全球户外用品行业白皮书》显示，中 国户外用品市场以户外服装为主导，市场份额占46%，露营装备和 户外鞋靴分别为17%、12%。可见未来反光功能面料市场前景广阔。 公司对反光功能面料产品的开发和运用一直走在行业前端，已推出 印花反光面料、炫彩反光面料、银灰色反光面料、彩色反光面料、 渐变反光面料、夜光面料等多款产品，并曾摘得ISPO功能性纺织品 流行趋势大奖 TOP Ten（十佳产品）。公司前期已经通过参加国 际、国内的时尚展会推广公司的反光功能面料，与各类运动品牌、 知名品牌、时尚潮牌、网红品牌、新兴品牌等建立了联系，助力公 司在新兴的消费类面料市 ...

Financial Performance - In 2024, the company achieved an operating revenue of 458,881.95 million yuan, a year-on-year increase of 30.04% [3] - The net profit attributable to shareholders was 45,266.44 million yuan, up 31.59% from the previous year [3] - The net profit after deducting non-recurring items was approximately 430 million yuan, reflecting a growth of about 35.87% [3] - The comprehensive gross margin for 2024 was 28.75%, a decrease of 1.00% [3] - In Q1 2025, the company reported an operating revenue of 933 million yuan, a year-on-year increase of 25.07% [4] - The net profit attributable to shareholders in Q1 2025 was 48.01 million yuan, down 22.53% [4] Business Segments Data Center Cooling - Revenue from data center cooling energy-saving products reached 2.441 billion yuan, accounting for 53.19% of total revenue, with a year-on-year growth of 48.83% [3] - The liquid cooling technology has been rapidly adopted, with cumulative deliveries reaching 1.2GW by March 2025 [4] Cabinet Cooling - Revenue from cabinet cooling energy-saving products was 1.715 billion yuan, representing 37.37% of total revenue, with a year-on-year increase of 17.03% [3] - Revenue from energy storage applications was approximately 1.5 billion yuan, reflecting a growth of about 22% [4] Other Businesses - Revenue from electronic cooling and server temperature control products has been integrated into major tech companies' systems, enhancing market presence [5] - The company is expanding its market in the electric vehicle sector and cold chain logistics, with significant growth in sales of new energy refrigerated vehicles [6] Cost and Expenses - Sales expenses for 2024 were 206 million yuan, an increase of 18.66% [3] - R&D expenses reached 350 million yuan, up 32.98% [3] - Management expenses totaled 198 million yuan, reflecting a growth of 28.75% [3] Future Outlook - The company aims to solidify its position in the large cloud computing data center market and expand sales of indirect evaporative cooling products [6] - Plans to enhance overseas market penetration, particularly in liquid cooling technology [6] - Continuous innovation and upgrading of energy storage liquid cooling products are prioritized to maintain competitive advantage [6] Investor Relations - The meeting included 46 investors from various securities firms, indicating strong interest in the company's performance and future strategies [2] - The company emphasized its commitment to transparency and accurate information disclosure during the investor meeting [4]

证券代码：300698 证券简称：万马科技 万马科技股份有限公司 2024 年度业绩说明会 投资者活动记录表 2.行业以后的发展前景怎样？ 答：目前公司所在行业受益于全球汽车智能网联化渗透率的持续提升，主要有三大趋势。 其一是，连接方面国内 5G 需求的持续提升。2024 年前三季度，我国乘用车新车车辆联网 渗透率达 84.59%，且我国 5G 车载模组装车渗透率仍有较大增长空间。其二是，国内主机 厂出口持续增长，全球网联是刚需。2024 年，中国汽车出口仍保持较快增长，同比增长 19.3%。2025~2026 年，出口有望维持 15%~21%的增速。其三是，高级辅助驾驶系统技术 发展迅速，数据闭环及智算需求旺盛。而随着辅助驾驶系统技术持续向高级别跃升，相 应车辆数据呈指数级增长，对数据处理以及存储需求激增。总体来看，行业已形成政策、 技术与市场三力共振趋势，将为我国经济高质量发展注入强大动力。 3.公司本期盈利水平如何？ 答：公司 2024 年实现营业收入 56,087.68 万元，较上年同期增长 7.72%；归属于上市公 司股东的净利润为 4,130.75 万元，较上年同期下降 35.92%，主要受项目实 ...