Financial Performance - In 2024, the company achieved a total revenue of 15.46 billion CNY, representing a year-on-year growth of 24.1%, meeting the established target [2] - Domestic market revenue was 12.336 billion CNY, accounting for approximately 80% of total revenue; overseas market revenue was 3.122 billion CNY, accounting for about 20% [2] - The company secured new orders worth 21.5 billion CNY in 2024, fulfilling the set goal [2] - Net profit attributable to shareholders was 2.05 billion CNY, a year-on-year increase of 31.4%; the net profit excluding non-recurring items was 1.88 billion CNY, up 32.2% year-on-year [2] Revenue Structure - The revenue structure is primarily dominated by the power distribution and transmission industry, with the automotive electronics sector contributing a relatively low proportion [3] Overseas Market Growth - The rapid growth in the overseas market in 2024 is attributed to the company's long-term commitment to overseas strategies and continuous investment in products and markets [4] - Key regions for overseas business include Europe and the Middle East (UK, Italy, Saudi Arabia, Kuwait), the Americas (Central and South America), Central Asia, Asia-Pacific (Southeast Asia), and Africa [5] R&D Investment - In 2024, the company invested 1.11 billion CNY in R&D, a 21.07% increase compared to the previous year [8] - The focus of R&D investment includes new product development, basic research, and key areas such as environmental products, automotive electronics, and energy storage [8] Inventory and Management - The increase in inventory indicates significant room for improvement in planning and inventory management [10] - The company is reflecting on and improving its inventory management practices [10] Industry Challenges - The transformer industry currently faces supply-demand imbalances, with insufficient supply capacity amid high demand growth [12] - The company is actively planning and investing in environmental product technology to meet market demands [13] Profitability in Overseas Markets - The gross profit margins in overseas markets vary significantly based on region, product, and customer, influenced by economic conditions, product mix, and operational costs [14]

投资者关系活动记录表 编号：2025-006 | | ☑特定对象调研 | □分析师会议 | | --- | --- | --- | | 投资者关系活 | □媒体采访 | □业绩说明会 | | 动类别 | □新闻发布会 | □路演活动 | | | □现场参观 | □电话会议 | | | □券商策略会 | | | | 兴业证券：石砾、石康、祁佳仪；中银国际证券：陆莎莎； 富安达基金：栾庆帅；华融证券：毛晓光；创金合信基金： | | | | 李晗；华夏基金：胡斌；南银理财：邹昊；江信基金：杨 | | | 参与单位名称 | 凡；太平基金：陈豪；华泰柏瑞基金：盛豪；中航基金： | | | 及人员姓名 | 杨中楷；北信瑞丰基金：石础；中欧基金：高松；恒健投 | | | | 资：张津源；浙商证券：许运凯；金鹰基金：金达莱；陆 | | | | 家嘴国际信托：江坤；信达澳银基金：陈一博；龙航资产： | | | | 沈振华；上海国际信托：陆方；广发基金：曾质彬。 | | | 时间 | 2025 年 4 月 25 日 | | | 公司接待人员 | 董事会秘书：吴亚光 | | | 姓名 | 财务总监：周珊 | | | | 一、公司基 ...

编号：2025-004 | 投资者关系活动 | □特定对象调研 □分析师会议 | | --- | --- | | 类别 | □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 | 具体名单详见附件 | | 时间 | 年 月 日 2025 4 24 | | 地点 | 公司会议室 | | 上市公司接待人 | 董事长、总经理 林洺锋 | | 员姓名 | 财务总监 王群斌 | | | 刘 俊 AI 业务负责人 | | | 总裁办总经理 廖广南 | | | 证券事务代表 易林颖 | | 投资者关系活动 | 本次投资者关系活动以现场+线上会议的方式进行，接待 一、公司 年年度&2025 年一季度业绩情况介绍 2024 | | | 人员与投资者进行了沟通交流，主要内容如下： | | | 2024 年，公司实现营业收入77.74亿元，同比增长4.90%， | | 主要内容介绍 | 主要得益于海外业务收入的持续增长、Mini/Micro LED 市场 | | | 份额的快速提升以及光显解决方案、AI 内容等业务的持续拓 | | | 展。在 ...

投资者关系活动记录表 编号：2025-006 | | 主要交流内容如下： | | --- | --- | | | 1.请公司详细介绍下募集资金建设的"认证检测公共服务平台 | | | 项目"的建设进度及未来可能带来的投资收益。 | | 投资者关系活动主要内容 | 中机认检已经向中机车辆支付增资款725,270,079.94元，中机 | | | 车辆少数股东德州建能使用自有资金按原股权同比例增资 | | 介绍 | 12,798.88万元，中机车辆已经向代建方支付购买价款，并已经完 | | | 成交付并投入运营,可以开展新能源汽车领域公告、CCC、营运达 | | | 标、环保信息公开等检测业务,以及企业委托的研发验证业务。 | | | 公司2024年取得M1类汽车产品CCC强制性产品认证指定实验室 | | | 授权，市场开发实现多项"0到1"突破，新能源检测产品检测业务 | | | 增幅明显，2024年全年实现净利润约1,564万元。 | | | 2.贵司对2025年发展预期如何？后续是否还有股权激励计划？ | | | 2025年公司经营总体思路是：全面贯彻落实党的二十大和二十 | | | 届二中、三中全会精神， ...

华邦生命健康股份有限公司投资者关系活动记录表 编号：20250425 | 特定对象调研 | □ □ 分析师会议 | | --- | --- | | 投资者关系活动 类别 | □ 媒体采访 □ 业绩说明会 | | □ 新闻发布会 □ | 路演活动 | | □ 现场参观 | | | 其他 （投资者网上集体接待日活动）  | | | 参与单位名称及 | 通过全景网"投资者关系互动平台"（网址：http://ir.p5w.net）参 | | 人员姓名 与公司 年度暨 2024 2025 | 年第一季度业绩网上说明会的投资者 | | 时间 2025 年 4 月 25 日 (周五) 下午 | 15:00~17:00 | | 地点 全景网"投资者关系互动平台"（https://ir.p5w.net） | | | 1、总经理张海安 2、董事会秘书彭云辉 | | | 上市公司接待人 | | | 员姓名 3、财务总监王剑 | | | 4、独立董事黎明 | | | 1、张总您好，2024 么？ 投资者关系活动 | 年公司提减值也挺好，是新的开始，一季度 也开了个好头。我就是想问一下，公司对后续发展的想法是什 | | 主要内容介绍 ...

Financial Performance - In 2024, the company achieved a revenue of 22.401 billion yuan, representing an 11.05% year-on-year growth [4] - The overall revenue from the intelligent control components sector reached 10.274 billion yuan, with a year-on-year increase of 20.37% [4] - The net profit attributable to shareholders for 2024 was 971 million yuan, a decrease of 29.13% compared to the previous year [5] - In Q1 2025, the company reported a revenue of 5.005 billion yuan, marking an 11.35% year-on-year growth [5] Product Performance - Revenue from liquid crystal display main control boards increased by 11.82% to 6.629 billion yuan [4] - Home appliance controllers saw a significant growth of 65.64%, generating 6.629 billion yuan [4] - The education sector's revenue was 5.054 billion yuan, down 8.75% year-on-year due to tightened customer budgets [4] - Overseas business revenue reached 4.348 billion yuan, reflecting a 16.83% increase [4] Market Strategy - The company is focusing on AI integration in education, with rapid deployment of AI-enabled products [7] - Plans for H-share listing aim to enhance global strategic layout and improve international competitiveness [11] - The company is expanding its global marketing service network, particularly in Europe and India [4][9] R&D and Innovation - R&D expenses in Q1 2025 were directed towards new product development and core technology enhancements [13] - The company is committed to increasing R&D investment in key technologies and smart hardware [13] - AI education products are being rapidly promoted, with significant user engagement in schools [7] Challenges and Outlook - The overall gross margin has declined due to increased raw material costs and competitive pressures [5] - The company anticipates steady revenue growth in 2025, with a focus on improving gross margins through strategic product offerings [15] - The impact of U.S. tariff policies is manageable, with diversified supply chain strategies in place [10]

编号：2025-002 | 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 | 景顺长城基金 刘龙威 | | 姓名 | | | 时间 | 2025年4月25日 13:30-15:00 | | 地点 | 公司会议室 | | 上市公司接待人员姓名 | 副总经理、董事会秘书 罗联明 | | | 财务总监 宋月月 | | | 证券事务代表 杨静 | | | 1、最近出台的《分布式光伏发电开发建设管理办 法》（国能发新能规〔2025〕7号）、《关于深化新能 | | 投资者关系活动主要 | 源上网电价市场化改革促进新能源高质量发展的通知》 | | | 对公司有什么影响？ | | 内容介绍 | 答：预估短期内会有光伏项目抢装潮，公司有关项 | | | 目也在加紧于430、531前并网。公司是具备多年丰富新 | | | 能源光伏项目经验的技术服务提供商，在技术支持、项 | | | 目管理上具有明显的优势。 | 2、公司光 ...

青鸟消防股份有限公司 证券代码：002960 证券简称：青鸟消防 编号：2025-003 青鸟消防股份有限公司 投资者关系活动记录表 （2025 年 4 月 25 日） | 投资者关系活动 | □特定对象调研 □分析师会议 | | --- | --- | | 类别 | □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 | 投资者网上提问 | | 人员姓名 | | | 时间 | 2025 年 4 月 25 日 （周五）下午 15:00-16:00 | | 地点及方式 | 公司通过全景网"投资者关系互动平台"（https://ir.p5w.net）采用网络远 | | | 程的方式召开业绩说明会 | | 上市公司接待人 | 1、董事长蔡为民 2、总经理张黔山 | | 员姓名 | 3、副总经理、董事会秘书颜芳 | | | 4、独立董事袁皓 | | | 5、财务负责人陈立先 Q：求证：咱们与大型水陆两栖灭火飞机"鲲龙"AG600 是否有相应 | | | 的技术支持与商业合作？ A：尊敬的投资者，您好！公司与大型水陆两栖灭火飞机"鲲龙"AG ...

Group 1: Animation Film Strategy - The company is shifting resources towards animated films, leveraging its accumulated resources and talent in this area to build a complete animation film industry chain [1] - Plans to establish a new animation film brand in Q1 and expand animation production capacity, aiming to increase the production team from approximately 150 to over 300 people in the next two years [2] - The goal is to achieve a production capacity of 1.5 to 2 high-quality animated films per year [2] Group 2: Financial Performance and Revenue - As of March 31, 2025, the company reported a contract liability balance of 470 million, primarily from advance payments for series and films [3] - The net cash flow from operating activities in Q1 2025 was 4.885 billion, which includes payables to partners [4] - The company confirmed that the revenue from "Nezha: The Devil's Child" as of March 31, 2025, was included in the Q1 report, with a total box office of 15.078 billion [6][7] Group 3: Investment and Risk Management - The budget for the AAA game project is manageable and will share resources with related animated film productions, thus reducing costs [2] - The theme park project will adopt a light asset model, focusing on planning and management rather than heavy investment, which helps control risks [2] - The company is exploring potential acquisitions in the IP operation and derivative product sectors, indicating a proactive approach to investment [8] Group 4: Market and Industry Insights - The film market's core issue is supply; the company believes that the quantity and quality of attractive works need to increase to stabilize box office performance [4] - The overall production costs in the film industry have been rising, which increases investment risks, but the company is implementing measures to mitigate these risks [11] - The company aims to create a unique IP ecosystem rather than becoming a direct competitor to established entities like Disney, focusing on a unified planning approach for its projects [14] Group 5: Talent Development and IP Management - The company has developed a significant internal team of producers, with over 15 mature producers already in place [10] - Plans to establish an online brand store this year and a physical store next year, indicating a strategy to develop a new industry chain [4] - The company is committed to enhancing its IP management capabilities, aiming to diversify its revenue structure beyond box office dependence [6]

Group 1: Financial Performance - In 2024, the company achieved a revenue of 23.58 billion yuan, a year-on-year increase of 60.87% in the smart toilet and cover category, which accounted for 13.37% of total revenue [3] - The first quarter of 2025 saw a revenue decline of approximately 21% year-on-year, primarily due to changes in trade policies and varying regional consumer promotion policies [3] - The company's net profit margin improved in the fourth quarter of 2024, influenced by exchange rate fluctuations and a recovery in sales performance [4] Group 2: Market and Policy Impact - The company's direct exports to North America account for 10%-15% of overseas revenue, which is a small portion of total revenue [5] - The implementation of national subsidy policies has positively impacted consumer behavior in home improvement, enhancing the penetration rate of smart toilets [4] - The upcoming new national standards for toilets and mandatory product certification are expected to raise market entry barriers, benefiting companies with strong R&D capabilities [6][7] Group 3: Future Outlook and Strategy - For 2025, the company projects a revenue growth of 10% and a net profit growth of 9.20%, with significant investments in brand building and marketing [7] - The focus for future product development will be on upgrading existing features, emphasizing health, environmental sustainability, and hygiene [7] - The company aims to diversify its market channels and enhance its product matrix, including smart toilets, drainage products, and wellness products [7]