Group 1: Product Applications and Advantages - The company's Automatic Transfer Switch Equipment (ATSE) products are primarily used in high-safety and stability-demanding fields such as rail transit, data centers, hospitals, and venues [2] - Solid-state circuit breakers are widely applicable in DC distribution scenarios, including photovoltaic storage, data communication, power grids, and marine applications [2] - Solid-state circuit breakers can cut off fault currents in hundreds of microseconds without generating arcs, significantly reducing the risk of damage to power sources and loads, thus enhancing distribution safety and reliability [2] Group 2: Development and Market Strategy - The company's solid-state transformer is currently in the application scheme verification and market research phase, with the phase-shifting transformer in the prototype development stage [3] - Solid-state transformers offer efficient power conversion and control, with potential applications in renewable energy integration, grid disturbance response, data centers, electric vehicle charging, electrified shipping, and aerospace [3] - The company is actively seeking opportunities for external development, focusing on vertical expansion in related industries such as mechanical and electrical, industrial automation control, and power instruments [3] Group 3: International Expansion - The company is expanding its overseas business, particularly in Southeast Asia and Russia, focusing on smart distribution products, transformers, and charging stations [3] - A subsidiary has been established in Singapore, achieving a small number of overseas project implementations [3]

| | 重组上市以来，每年均按照不低于归属于母公司 | | --- | --- | | | 净利润 30%的标准派发现金股利。公司持续优化 | | | 现金分红政策，2024 年度首次实施中期分红，分 | | | 红比例提升至 31.8%，切实保障股东权益。截至 | | | 年度累计现金分红 亿元。公司将根据 2024 150.44 | | | 所处发展阶段，持续统筹业绩增长与股东回报的 | | | 动态平衡。在保证正常经营的前提下，坚持为投 | | | 资者提供持续、稳定的现金分红，保障广大投资 | | | 者回报。 | | | 稳定币对公司业务发展是否有帮助？如何 3. | | | 看待该业务趋势？ | | | 答：公司目前暂不涉及相关业务。公司注意 | | | 到部分投资者对该业务有较高关注，公司正在组 | | | 织对相关领域政策进行研究，依法合规、审慎稳 | | | 健开展各项业务。 | | 附件清单 | 无 | | 日期 | 2025 年 8 月 7 日 | 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 ...

证券代码：001338 证券简称：永顺泰 编号：2025-009 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 □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： 参与单位名称 及人员姓名 华源证券张东雪、林若尧 时间 2025 年 8 月 7 日下午 地点 广州经济技术开发区金华西街 1 号公司 6 楼会议室 上市公司接待 人员姓名 副总经理张楠、董事会秘书温敏、证券事务代表仝国明 投资者关系 活动记录 1.公司特种麦芽业务的情况如何？ 答：特种麦芽在加工过程中较普通麦芽的工序更为复杂，所以其售 价普遍高于普通麦芽。公司是国内较早介入特种麦芽领域的生产企业之 一，具有较长时间的技术和市场积累，与多数具有一定规模的精酿啤酒 客户形成了较好的合作关系，能够为客户提供品类齐全、质量可靠的特 种麦芽产品及细致周到的售后服务。 2.如何做到国内销售与海外销售的平衡？在东南亚市场的优势有哪 些？ 答：公司产品以国内销售为主，出口通常占总销量的 25~30%，具体 根据国内销售情况而有所波动。通过国内销售与海外销售的相互补充， 促使公司实现产能的充分利用。目前公司产品已外销 ...

Group 1: Global Strategy and Market Expansion - The company has established subsidiaries and production bases in multiple countries, including the USA, Mexico, UK, Vietnam, India, and Thailand, with ongoing construction in Morocco [2][3] - The global strategy is driven by the need to be close to customers and markets, enhancing value creation through customized product solutions [3] - The global layout allows the company to expand market space and seek new growth opportunities, breaking the limitations of a single market [3] Group 2: Management Challenges and Solutions - The company faces challenges in cross-regional control and strategic coordination, implementing a penetrating management approach with core personnel involved in overseas operations [4] - Local compliance and operational efficiency are ensured by hiring local administrative managers to navigate regulatory environments [4] - The company is advancing automation and digital transformation in overseas production bases to reduce reliance on labor and improve efficiency [4] Group 3: Business Unit Performance Drivers - The BHM division aims to strengthen its market position in building ventilation and home appliance motors while expanding into new product applications in the renewable energy sector [5][6] - The EVBG division focuses on traditional business growth and enhancing core competitiveness in electric drive systems, with a completed factory in Thailand and ongoing development in Morocco [6][7] - The company is actively managing foreign exchange risks through forward foreign exchange hedging to mitigate potential adverse impacts on operating performance [6][7] Group 4: Domestic Production Bases - The company operates 9 production bases in China, with the BHM division primarily located in Zhongshan and Xiaochang, and the EVBG division in cities such as Shanghai, Weifang, Wuhu, Liuzhou, Shiyan, Yulin, and Chongqing [7]

证券代码：002183 证券简称：怡亚通 深圳市怡亚通供应链股份有限公司 四、产业出海生态联盟如何协同合作？ | 答：联盟本质是发挥各方优势，聚焦国内企业海外 | | --- | | 拓展的共同目标。一是整合本地服务机构资源，解决海 | | 外本地化服务问题，避免从国内直接派驻团队的局限 | | 性；二是搭建信息服务平台，共享需求与痛点，由具备 | | 背书和影响力的企业牵头推动；三是围绕客户需求解决 | | 痛点，在创造价值的同时实现盈利。联盟将联合中介机 | | 构、协会、金融机构等，发挥各自资源优势，如进出口 | | 银行需通过供应链抓手落实国家战略扶持，联盟则承担 | | 连接国内外客户的角色，扩大合作伙伴范围，形成协同 | | 效应，创造价值： | | 1、全球产能资源连接与协同：在全球目标区域内 | | （尤其成本洼地与技术高地）整合当地优质代工厂、特 | | 色工艺供应商、闲置产能整合商资源。帮助国内过剩/升 | | 级产能找到新市场，帮助海外客户高效获取优质、成本 | | 优化的制造资源。 | | 2、多元化服务伙伴深度联盟：与目标市场的本土领 | | 先物流商、金融机构、科技公司、咨询机构等 ...

证券代码：002376 证券简称：新北洋 山东新北洋信息技术股份有限公司投资者关系活动记录表 编号：2025-08-06 | | ■特定对象调研 | □分析师会议 | | --- | --- | --- | | 投资者关系 | □媒体采访 □新闻发布会 | □业绩说明会 □路演活动 | | 活动类别 | | | | | ■现场参观 | | | | □其他 | | | 参与单位名称 及人员姓名 | 中泰证券：潘世海、苏仪 | | | 时间 | 2025 年 8 月 6 日 11:00-12:00 | | | 地点 | 1、新北洋科技园展厅 2、新北洋科技园会议室 | | | 上市公司接待 | 董事会秘书：康志伟 | | | 人员姓名 | 证券事务代表：倪赛君 | | | 投资者关系活动主 | 一、参观新北洋科技园展厅。 | | | 要内容介绍 | 二、董事会秘书回答投资者的相关问题。 | | | | 公司对相关情况进行了记录和整理，形成了《会谈纪要》。 | | | 附件清单（如有） | 《会谈纪要》详见附件一 | | | 日期 | 2025 年 8 月 6 日 | | 1 附件一：会谈纪要 1、投资者：请介绍公 ...

Group 1: Company Overview - The company was established in 2002 and became part of the Xizi Elevator Group, listed on the Shenzhen Stock Exchange in 2011, and renamed to Xizi Clean Energy Equipment Manufacturing Co., Ltd. in 2022 [3][5]. - The main business includes waste heat boilers, clean energy power generation equipment, solutions, and spare parts and services [3][4]. Group 2: Nuclear Power Development - The company has over 20 years of experience in the nuclear power sector and holds Class 2 and 3 manufacturing licenses [5]. - It actively participates in supplying equipment for nuclear power plants, with increasing opportunities due to the growth in approved nuclear power installations [5]. Group 3: Future Market Directions - Focus on the renewable energy market, leveraging molten salt storage technology for applications in solar thermal power, user-side energy storage, and zero-carbon parks [6]. - Expansion in the nuclear power market through upgrades at the Chongxian manufacturing base to enhance production capabilities [6]. - Targeting overseas markets, particularly in Southeast Asia, South America, and regions along the Belt and Road Initiative [6][10]. Group 4: Order Situation in 2025 - In the first half of 2025, the company secured new orders totaling CNY 2.784 billion, with specific segments: waste heat boilers (CNY 703 million), clean energy equipment (CNY 281 million), solutions (CNY 1.477 billion), and spare parts and services (CNY 323 million) [7][8]. - As of June 30, 2025, the total orders on hand amounted to CNY 6.119 billion, with a focus on improving order quality and structure [8]. Group 5: Market Opportunities - The company is positioned to benefit from the explosive growth in equipment demand for the Yarlung Tsangpo River downstream hydropower project, with a market forecast exceeding CNY 10 billion [9]. - The subsidiary, Hangzhou Hangguo General Equipment Co., Ltd., specializes in various equipment, including shield machines, and has a strong track record in tunnel excavation projects [9]. Group 6: Product Delivery and Competitors - The delivery cycle for boiler products typically ranges from 6 to 12 months for domestic projects, with longer timelines for overseas projects [11]. - The company is a leader in the waste heat boiler sector, competing with major domestic boiler manufacturers [12]. Group 7: Market Management and Competitive Advantages - The company emphasizes market value management through operational efficiency, annual cash dividends, employee stock ownership plans, and transparent investor relations [13]. - In the solar thermal sector, the company has a competitive edge due to its early involvement and successful participation in significant projects, such as the Qinghai Delingha 50MW solar thermal power station [13].

Financial Performance - In the first half of 2025, the company achieved operating revenue of 6.9 billion CNY, a year-on-year increase of 39.21% [3] - Net profit attributable to shareholders was 1.241 billion CNY, up 14.04% year-on-year, with a net profit of 1.231 billion CNY after excluding non-recurring gains and losses, reflecting a growth of 33.90% [3] - The company reported a significant increase in operating cash flow, reaching 3.144 billion CNY, a year-on-year growth of 196.36% [3] Order Acquisition - New orders amounted to 9.881 billion CNY, representing a year-on-year increase of 37.65% [3] - The total backlog of orders reached 12.386 billion CNY, up 34.76% year-on-year [3] Natural Gas Business - The natural gas segment saw a revenue increase of 112.69% year-on-year, with a gross margin growth of 5.61% [5] - New orders in the natural gas sector grew by 43.28% [5] International Expansion - The company operates in over 70 countries, with overseas revenue reaching 3.295 billion CNY, a year-on-year increase of 38.38% [8] - New orders from international markets grew by 24.16% [8] Middle East Market - The Middle East is a key strategic market, with significant recognition and a complete local business chain established [9] - Recent projects include the ADNOC digital well site transformation and the Mansouriya project, both progressing well [9] Cash Flow Management - The company emphasizes cash flow management, achieving a net cash flow from operating activities of 3.144 billion CNY, an increase of 2.083 billion CNY year-on-year [12]

Group 1: Regulatory Impact and Business Strategy - The company has achieved a breakthrough in serving the real economy, with financing of CNY 20.276 billion in the first half of 2025, a year-on-year increase of 146.70% [3] - The company is actively supporting technology innovation, assisting two tech companies in IPO applications and completing seven financing projects in the tech sector [3] - The company aims to integrate into the "China-ASEAN Community of Shared Future" and develop distinctive services in wealth management and institutional business [3] Group 2: Research Business Development - The company is establishing a "Five Centers" strategy for its research division, focusing on becoming a leading market-oriented think tank with comprehensive research services [5] - The research team has grown to over 200 employees, positioning itself as a large-scale research institution with significant growth potential [5] - The company is enhancing its brand influence through awards and recognition in authoritative evaluations [5] Group 3: ASEAN Research Institute - The newly established ASEAN Research Institute aims to create an integrated research system, focusing on economic, industrial, policy, and investment environment studies in ASEAN countries [6] - The institute will provide research services to various institutional clients, including public funds, insurance, and private equity [6] Group 4: International Business Layout - The company is aligning its strategies with national initiatives such as the "Belt and Road" and the financial opening of Guangxi towards ASEAN [7] - The company is exploring potential overseas expansion opportunities, leveraging its unique geographical and policy advantages [7]

Group 1: Satellite Communication Business - The company has established a product layout in the satellite communication field, covering three major application scenarios: ground stations, satellite communication payloads, and terminal applications [2][3] - In 2024, the satellite communication business revenue exceeded 40 million yuan, with ground station products achieving small batch deliveries [3] - The company successfully won a procurement project for application terminal equipment in April 2024, further consolidating its market position [3] Group 2: Marine and Mobile Communication Solutions - The company launched two high-performance communication products for marine and mobile scenarios, including a 0.4-meter S-band phased array antenna and a 0.6-meter Ku-band terminal [4] - The S-band antenna can receive signals from 8 satellites and is designed for complex mobile environments, while the Ku-band terminal supports 360° rotation for dynamic signal locking [4] Group 3: AI Model Development - The company has initiated the "Tongyu Antenna AI Model Pilot Project," focusing on integrating AI technology with antenna design to enhance R&D efficiency and reduce costs [5] - The project is currently in the deployment phase, aiming to streamline the design process and support continuous innovation in antenna products [5] Group 4: Optical Module Business Progress - The affiliated company Sichuan Guangwei has made significant breakthroughs in the high-speed optical module sector, successfully delivering the first batch of 800G OSFP 2×DR4 optical modules [6] - These modules utilize advanced silicon photonics technology and low-power design, targeting applications in 800G Ethernet and data centers [6] Group 5: MacroWiFi Product Development - MacroWiFi is designed for outdoor complex network communication, featuring a high-gain dual-beam antenna array with a transmission distance of 2 kilometers and the ability to support over 200 concurrent users [7] - The product has been successfully tested and deployed in Southeast Asia, with growing demand in regions like Russia, the Middle East, and parts of Africa [7] Group 6: Low Altitude Economy and 5G-A Integrated Antenna - The company has made substantial progress in the 5G-A integrated antenna field, developing a low-altitude communication solution that covers up to 600 meters [8] - This solution has been validated through joint testing with operators and is currently in the small batch delivery phase, with market recognition for its performance [8]