迪阿股份有限公司 证券代码：301177 证券简称：迪阿股份 投资者关系活动记录表 编号：2025-001 关于经营区域方面，中国市场作为我们的核心区域，经过 2023-2024 年的持续深耕，已经确立了绝对领先地位。未来我们将进一步强化头部效 应，提升品牌影响力。全球化也是我们的重要战略方向，从巴黎、美国等 市场的初步尝试来看，"一生只送一人"的真爱理念具备跨文化接受度， 这验证了"真爱无国界"的品牌普适性。作为全球珠宝行业中唯一专注于 "真爱"表达的品牌，DR 具备独特的差异化优势。我们将持续推进品牌全 球化进程，致力于成为真正意义上的全球真爱表达标杆品牌。 2、25 年一季度扣非净利润已经转正，但同时也还在继续收缩门店，目前 公司判断门店是否关停有什么样的标准，在 1-2 年维度看，预计门店规模、 收入会达到什么样的稳态，届时的利润预期是什么？ 答：公司通常会综合考虑一个城市的体量（主要是人口数量和 GDP）， 同时考虑各门店所覆盖的商圈、落位以及业绩等来判断是否关停门店。从 效果来看，公司通过 2024 年实施的战略性渠道优化，存量门店运营质量 已实现结构性提升。 关于收入和利润，在当前市场环境下确实 ...

2025.4.25 卫宁AI规划及进展 AI重新定义医疗 医生手工操作 机械工具（听诊器、手术刀） 纸质病历、手工计算（如药物剂量） | 基础实验设备（显微镜） 主要依赖个人经验与 物理工具进行诊断 手术依赖手工操作 信息存储于纸质档案 Patterns Tool-Dependent 规则驱动的流程自动化 电子病历（EMR） | 医院信息管理系统（HIS）| 医学影像存档与通信系统（PACS）等 作者：Erich Gamma等 1994年出版 VS Code 之父 率领团队开发Visual Studio Code （一个轻量级的Web集成开发环境） Software Patterns AI Agentic 目标驱动的自主决策与协作 大语言模型 | 多模态AI | 手术机器人等 • Finding Appropriate Objects 寻找合适对象 • Determining Object Granularity 确定对象粒度 • Sepcifying Object Interfaces 指定对象接口 • Sepcifying Object Implementations 指定对象实现 • Putting R ...

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（投资者交流会） 参与单位名称及 人员姓名 财通证券、晟视天下资产、丹羿投资、德邦证券、东北证券、东 方证券、东兴基金、东兴证券、耕霁（上海）投资、广发证券、 广州金新投资、国金证券、国融基金、国泰海通证券、国元证券、 海富通基金、红华资本、鸿运私募、华创证券、开源证券、明河 投资、诺德基金、瑞腾（平阳）投资、山楂树资产、上海坤阳投 资、上海世亨投资、上海证券、申万宏源证券、深圳红年资产、 深圳量度资本、天弘基金、西部证券、羲和金泰资产、野村东方 国际证券、粵佛投资、招商证券、肇万资产、正圆投资、中金公 司、中泰证券、中信建投证券、中信证券、中银基金、珠海德若 投资。（排名不分先后） 时间 2025 年 4 月 25 日 15:15-16:15 地点 电话会议 上市公司接待人 员姓名 董事长：周炜先生 董事、高级副总裁：靳茂先生 高级副总裁：孙嘉明先生 高级副总裁、董事会秘书：徐子同女士 财务总监：王利先生 投资者关系活动 主要内容介绍 一、2024 年度及 2025 年第一 ...

Group 1: Financial Performance - In Q1 2025, the company achieved revenue of 8.312 billion CNY, a year-on-year increase of 7.25%, with non-consumer businesses accounting for over 50% of revenue and mobile display business over 30% [3] - The net profit attributable to shareholders reached 96.41 million CNY, improving by nearly 400 million CNY year-on-year, with net cash flow from operating activities increasing by 37.51% to 2.223 billion CNY [3] Group 2: Business Segments - The flexible OLED mobile business showed improved profitability, with the TM18 production line achieving a monthly output of over 4KK in March [3] - The automotive business experienced over 30% year-on-year revenue growth, with significant profit increases, benefiting from the rapid growth of automotive electronics and new energy sectors [4] - The professional display segment maintained a positive trend, with revenue and profits both achieving year-on-year growth of over 30% [3] Group 3: Strategic Focus and Development - The company views automotive display as a strategic core business, leveraging 30 years of expertise to enhance competitiveness in the automotive display market [6] - Plans to expand the Micro-LED technology into automotive and professional display applications, with a focus on high transparency and seamless splicing products [7][8] - The company aims to strengthen its market position in automotive electronics and new energy sectors, with a focus on AMOLED product mass production [4][11] Group 4: Market Outlook and Challenges - The company anticipates continued growth in the automotive display market, driven by increasing demand and specifications, despite facing competitive pressures and pricing challenges [9] - The company is committed to enhancing product complexity and integration to improve the value of automotive products and maintain stable profit margins [9] Group 5: Non-Display Applications - The company is developing non-display applications based on panel technology, including panel-level smart antennas and flexible sensors, with the PAMETRIA technology offering significant advantages in performance and cost [10]

Group 1: Financial Performance - In Q1, the small molecule API revenue experienced a high growth of 20%, driven by increased orders from overseas markets signed last year [1] - The gross margin for Q1 was 26.33%, with a year-on-year increase of approximately 10 percentage points [2] - The company aims to maintain a trend of stable or decreasing overall expenses through continuous cost control efforts [2] Group 2: Orders and Market Trends - New orders in Q1 remained at a good level, with backlogged orders still showing growth despite a high base from the previous year [2] - The company observed a slight improvement in overseas customer demand, although the overall improvement remains modest [3] Group 3: Business Strategy and Focus Areas - The company is focusing on high-value markets, clients, and pipelines, particularly in the cardiovascular, renal, and metabolic (CVRM) fields, as well as autoimmune and oncology sectors [4][5] - Capital expenditure plans will primarily revolve around specific technological capabilities and client-triggered investments [5] Group 4: Challenges and Responses - The company is monitoring the impact of changing tariff policies, which currently have limited effect due to the low percentage of direct exports to the U.S. [3] - The gene cell therapy business showed a reduction in losses in Q1, while the small molecule formulation business faced increased losses due to market challenges [2]

Group 1: Business Growth Strategies - The company aims to expand its gypsum board business by targeting the home decoration and rural markets, enhancing product development, and increasing profitability through high-value products and technological innovation [2] - The industrial coatings segment will focus on niche markets, including powder coatings and marine and automotive coatings, while exploring synergies with the overall product system [2][3] Group 2: Market Outlook and Pricing - The company expresses hope for price recovery in the waterproofing industry, encouraging collaboration among industry players to promote healthy development and transformation [3] Group 3: International Expansion - The international business strategy focuses on Southeast Asia, Central Asia, and the Middle East, implementing a "gypsum board first" approach and adapting to market conditions for coatings and waterproofing [3] Group 4: Performance and Incentives - The company will concentrate on three main product systems: gypsum board, waterproof systems, and coatings, aiming for both internal growth and external development to achieve high-quality growth [3]

| 二、互动交流 | | --- | | 1、Q：2024 年度公司各板块业务拆分。 | | A：行业终端主要包括 PC、教育办公、其他行业终端 | | 等产品，24 年营业收入 25.97 亿元，同比增长 3.65%。其中， | | 因新客户和新品类的拓展，PC 板块收入增长高于行业增速， | | 教育办公及其他行业终端因需求不足略有下滑； | | 基础设施主要包括服务器、数据通信、网络安全等 ICT | | 产品，24 年营业收入 6.31 亿元，同比下滑 7.73%。数据通 | | 信、网络安全业务由于价格竞争加剧及需求下滑，对整体板 | | 块拖累较大，下滑幅度超 20%。然而服务器、工作站等产品 | | 受益于 高需求，同比增长近 100%； AI | | 工业物联网是公司向 OBM 转型的第一块业务，在 2024 | | 年取得了显著的行业客户拓展成果。与工业自动化、医疗、 | | 能源、轨道交通、汽车电子等领域的多家头部企业建立了深 | | 度合作关系，其中包括比亚迪汽车、理想汽车、奥普特、华 | | 大智造、汇川技术、云迹、海康威视等知名企业。24 年营 | | 业收入 1.51 亿元，同比增 ...

Group 1: Financial Performance - In 2024, the company achieved a revenue of 800.26 million yuan, with X-BIONIC brand contributing 289.86 million yuan, a year-on-year increase of 34.91% [2] - For Q1 2025, the company reported a revenue of 194.02 million yuan, with X-BIONIC brand generating 76.07 million yuan, a year-on-year growth of 27.99% [2] - The CRISPI brand's revenue in 2024 was 92.98 million yuan, showing a year-on-year increase of 16.49% [2] - The combined revenue from LA SPORTIVA, MYSTERY RANCH, and DANNER brands reached 120.73 million yuan, with a year-on-year growth of 23.93% [2] Group 2: Strategic Plans - In 2025, the company plans to adjust the pricing strategy for some X-BIONIC new products to enhance market competitiveness [2] - The company aims to accelerate the cleanup of the Squirrel Tribe business to minimize its impact on overall performance [2] - The company will focus on the exclusive agency brand Marmot, primarily through online sales channels in 2025 [2] - The company is committed to brand-oriented operations and expects to enter a phase of healthy and rapid development in 2025 [2] Group 3: Market Expansion and Brand Development - The company plans to open 15-20 new X-BIONIC stores in 2025, primarily in key cities like Beijing, Chengdu, and Shenyang [4] - HOUDINI brand will have approximately 20 self-operated and dealer stores, while CRISPI will have 2-3 single-brand stores [4] - The outdoor market in China is experiencing rapid growth, with outdoor clothing becoming a popular daily wear style [4] - The company will establish a joint R&D center with its Swiss headquarters to enhance product development and marketing strategies [4] Group 4: Product Strategy - The company will broaden the price range of X-BIONIC products, introducing mid-to-high-end products while maintaining high positioning for certain items [4] - New products like X-BIONIC Breeze summer pants and moisture-wicking POLO shirts will be tested through online sales channels, exceeding market expectations [4]

Financial Performance - The company achieved a revenue of 3.53 billion CNY in 2024, representing a growth of 2.72% compared to the previous year [3] - The smart software business line generated revenue of 1.42 billion CNY, an increase of 0.49% year-on-year [3] - The smart automotive business line reported revenue of 2.42 billion CNY, growing by 3.42% [3] - The smart IoT business line earned 1.55 billion CNY, reflecting a growth of 3.73% [3] - Net profit attributable to shareholders was 407 million CNY, a decrease of 12.60% year-on-year [3] Regional Performance - Revenue from China decreased by 2.73% to 3.43 billion CNY [3] - Revenue from overseas markets (Europe, Japan, etc.) increased by 13.87% to 1.96 billion CNY [3] R&D Investment - R&D expenses increased by 8.16% to 77.52 million CNY, focusing on core technologies in edge intelligence [4] Future Outlook - The company plans to enhance core business and focus on high-growth areas in 2025 [4] - Global market expansion is a priority, with R&D centers established in 16 countries [4] - Continued investment in cutting-edge technologies and innovative applications is planned [4] Operational Efficiency - Significant improvement in operational efficiency is expected in the second half of 2024, with a projected revenue growth of 24.29% compared to the first half [4] - Net profit is anticipated to increase by 190.4% in the same period [4] AI and Edge Intelligence - The company is leveraging AI advancements to enhance software development and operational efficiency [6] - Collaboration with major AI model vendors is deepening, aiming to innovate in edge intelligence applications [5] - The integration of AI capabilities into operating systems and applications is becoming more prevalent, driving new embedded application scenarios [5] Market Trends - The AI industry is rapidly evolving, presenting significant opportunities for the company [8] - The shift towards edge intelligence is accelerating, with a focus on integrating AI into various devices and applications [9] - The company is positioned to capitalize on the growing demand for AI-driven solutions across multiple sectors [9]

证券代码：002649 证券简称：博彦科技 博彦科技股份有限公司 | 编号：2025-001 | | --- | | | □ 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 | | 类别 | □ 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） | | | 本次活动采用网络+电话会议形式，在线参会人员共计 87 人，其 人，详细参会人员名 | | | 中机构投资者和券商分析师 人，个人投资者 78 9 | | 参与单位名称及 | 单请参阅文末附表。 | | 人员姓名 | 因本次业绩说明会采取网络和电话会议形式，参会者无法签署调 | | | 研承诺函。但在交流活动中，我公司严格遵守相关规定，保证信息披 | | | 露真实、准确、及时、公平，没有发生未公开重大信息泄露等情况。 | | 时间 | 年 月 日 2025 04 27 | | 地点 | 网络+电话会议 | | | 董事、总经理：张杨先生 独立董事：陶伟先生 | | 上市公司接待人 | | | 员姓名 | 财务总监：王威女士 | | | 董事会秘书：常 ...