Group 1: Fundraising and Project Changes - The company announced the termination of the original fundraising project "Expansion of Large-size Light Guide Plate Project" to improve fundraising efficiency and redirect remaining funds to the TAC film project and reflective polarizing film project [1] - The TAC film and reflective polarizing film projects are aimed at addressing domestic supply chain issues and enhancing the company's growth trajectory [1] Group 2: Market Analysis and Competitive Landscape - The demand for TAC film is projected to reach 1.229 billion square meters by 2025, with over 70% of panel production capacity located in mainland China [2] - Currently, 75% of the global TAC film market is dominated by Japanese suppliers, highlighting the need for domestic production to reduce reliance on imports [2] Group 3: Project Progress and Challenges - As of June 2025, the construction of the factory for the TAC film project is progressing steadily, with major equipment expected to be installed and tested in the first half of the year [3] - The procurement of production equipment has faced challenges due to the need for customized machinery and the limited availability of suppliers, but these issues are being addressed [4] - The company plans to increase the use of domestic equipment in future phases of the project to enhance the localization of TAC film production [4]

证券代码：300358 证券简称：楚天科技 ③公司自 2024 年下半年，开展了一系列精细化管理措施，开 源节流，2025 年内公司整体运营成本得到有效控制，成果显著， 期间费用总额较 2024 年同期下降明显。 楚天科技股份有限公司 投资者关系活动记录表 编号：2026-001 | | 特定对象调研 □分析师会议 | | --- | --- | | | 媒体采访 □业绩说明会 | | 调研活动类别 | □新闻发布会 □路演活动 | | | 现场参观 其他 | | 时 间 | 2026 年 1 月 23 日上午 10:00-12:00，平安证券、国信证券自营、 | | | 毅木资产、湖南医药发展私募基金 | | 参与单位名称 | | | | 2026 年 1 月 26 日上午 10:30-12:00，招商证券 | | 地 点 | 公司会议室 | | 上市公司接待 | 董事会秘书：黄玉婷 | | 人员姓名 | 证券事务代表：周德伟 | | | 一、内容提要： | | | 1、厂区参观 | | | 2、会议室座谈 | | | 二、主要关注的问题与回复如下： | | | 1、公司 2025 年度业绩预告较 ...

Company Overview - Hangzhou Heshun Technology Co., Ltd. was established in 2003, focusing on the R&D, production, and sales of differentiated, functional biaxially oriented polyester (BOPET) films [2] - The company produces various specifications and models of polyester film products, including color optical base films, functional films, and transparent films, applicable in consumer electronics and automotive sectors [2] - Future plans include expanding product series and application fields while exploring new materials, particularly in high-performance carbon fiber projects for sustainable development [2] BOPET Film Business - The BOPET film business is gradually improving, with several high-value-added new products developed and ready for sampling [3] - Performance improvement requires time, and impairment provisions from fundraising projects may impact current profits [3] Carbon Fiber Project - The carbon fiber project aims to enter a market dominated by a few companies, with high prices and concentrated supply [4] - The strategic goal is to develop and industrialize high-performance carbon fiber, creating synergy with existing BOPET film operations to enhance R&D and manufacturing capabilities [4] Strategic Planning - The company maintains a "differentiated, functional" positioning, focusing on high-end optical film production for short-term performance and high-performance carbon fiber for long-term growth [4] - Key applications include consumer electronics, new energy vehicles, and high-end equipment, establishing a dual-driven development model [4] - Short-term strategies involve deepening optical film business and optimizing product quality, while long-term strategies focus on scaling carbon fiber production and expanding into high-end applications [4] Target Customers for Carbon Fiber - Future customers for carbon fiber products are high-end enterprises in aerospace, high-end equipment manufacturing, and industrial applications [5] - The company will actively engage with potential clients and advance product sampling and performance validation [5] Equity Incentive Plans - The company will consider market conditions, development strategies, and shareholder interests when evaluating equity incentive plans [6]

Group 1: Company Overview - The company is involved in various mining projects, including the 460 Highland Copper-Molybdenum Mine and the Miaohuang Copper-Lead-Zinc-Silver Mine [1][3][6] - The company has a stable cash flow and plans to finance mining construction and acquisitions through self-funding and potential financing from financial institutions [3] Group 2: Production Estimates - The 460 Highland Copper-Molybdenum Mine's production capacity will be determined after obtaining the necessary safety production license [1] - The expected annual production scale for the Miaohuang Copper-Lead-Zinc-Silver Mine is 660,000 tons, with copper metal grade at 1.68%, lead metal grade at 2.66%, zinc metal grade at 2.40%, and silver metal grade at 83.75 grams per ton [6] Group 3: Capital Expenditure Plans - Future capital expenditures will focus on the development of multiple mining projects, including the Deyun Mining Bayannaoer Silver Polymetallic Mine and the 460 Highland Copper-Molybdenum Mine [3] - The company aims to enhance production management and explore new mineral resources through acquisitions [3] Group 4: Operational Challenges - Cold weather may temporarily halt operations at the 460 Highland Mine, with an estimated 330 effective working days per year [2] - The production cost for Honglin Mining is currently indeterminate due to various influencing factors, including safety requirements and the simplicity of the ore processing [5]

Group 1: Investor Relations Activity Overview - The investor relations activity was conducted on January 26, 2026, at the company's headquarters [2] - The event involved one investor from Great Wall Securities, Mr. Guo Qinglong [2] Group 2: Main Discussion Points - Investors engaged in discussions regarding industry conditions, the company's business model, product structure, and gross margin [2] - The company ensured compliance with information disclosure regulations, maintaining the accuracy and completeness of the information shared [2] Group 3: Compliance and Documentation - The company adhered to its information disclosure management system, preventing any leakage of undisclosed significant information [2] - Investors participating in the on-site survey signed a commitment letter as required by the Shenzhen Stock Exchange [2]

Company Overview - The history of Guoji Precision Engineering dates back to 1958 with the establishment of the Luoyang Bearing Research Institute and Zhengzhou Abrasives Research Institute, and it was listed on the Shenzhen Stock Exchange in 2005 [2][3] - The company focuses on precision manufacturing, driven by technological innovation, providing key products, technologies, and services that meet national strategic needs [2][3] Business Segments and Applications - Guoji Precision operates in five major sectors: new materials, basic components, machine tools, high-end equipment, and supply chain management, with applications in aerospace, military, electronics, renewable energy, high-end machine tools, and automotive industries [2][3] - The company has achieved over 2,400 research results and revised 1,076 national and industry standards since its inception [3] Financial Performance - In the first three quarters of 2025, the company reported a revenue of CNY 2.296 billion, a year-on-year increase of 27%, with core products like special and precision bearings and superhard materials contributing to over 50% growth [3][4] - Gross profit reached CNY 797 million, a 20% increase year-on-year, while net profit was CNY 245 million, up 15.4% [3][4] Business Highlights Bearing Business - The special bearing segment is a key driver of profit growth, with a 90% supply rate for key products in aerospace applications [4] - The wind power bearing business has seen significant growth, with the company developing the first domestically produced 8 MW and 18 MW wind power bearings [4] Abrasives Business - The superhard materials segment continues to grow, with the company being a pioneer in the industry since 1963 [5] - The company has developed high-efficiency processing tools for the semiconductor industry, addressing critical material needs [5] Strategic Focus and Future Outlook - The company aims to consolidate its existing advantages in bearings and abrasives while exploring new high-growth areas such as commercial aerospace and humanoid robot bearings [8] - Guoji Precision plans to maintain a dividend payout ratio of no less than 40%, with a target to rank in the top 70% of listed companies by dividend payout rate by 2024 [8][9] Governance and Investor Relations - The company emphasizes transparency in governance and investor relations, establishing a trust system that includes information disclosure and ESG governance [9] - It actively engages with investors through various channels to enhance understanding of its core value drivers and competitive advantages [9]

证券代码：002062 证券简称：宏润建设 宏润建设集团股份有限公司投资者关系活动记录表 编号：2026-02 2 | 投资者关系 | ■特定对象调研 □分析师会议 □媒体采访 □业绩说明会 | | --- | --- | | 活动类别 | □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） | | 参与单位名称 | 中金公司—张若熙、崔力丹，中信证券—孔维实 | | 及人员姓名 | | | 时间 | 2026-01-23 | | 地点 | 宏润大厦会议室 | | 上市公司接待 | 董事会秘书薛锋、科技业务总监毛正 | | 人员姓名 | | | | 1、建筑行业业绩普遍承压，面对可能出现的新签合同量 | | | 收缩，公司是否有应对方案？ | | | 公司主营基础设施建设，其中大部分是桥梁、隧道和轨道 | | | 交通等施工技术要求较高的市政类项目。借助麻泾港枢纽工程 | | | 的中标和施工，公司也将积极拓展水利类等项目。同时，新能 | | | 源业务营收增长并实现稳定盈利，从盈利结构上助力公司应对 | | | 建筑行业的周期波动。 | | 投资者关系 | 2、新 ...

证券代码：000989 证券简称：九芝堂 九芝堂股份有限公司投资者关系活动记录表 Q4：公司生物药创新药研发进展如何？ 公司主要开展创新药抗凝一类新药 YB209 项目、创新型环 脂肽类抗生素 YB211 项目的研发以及干细胞项目的研发。根据 2025 年半年度报告披露，公司研发中心 YB209 项目完成免疫原 2 性研究的方法开发和验证，完成 I 期临床收尾、关闭实验中心； YB211 项目完成临床样品制备、2 段生殖毒性试验、PK-PD 启动， 完成临床 I 期试验并全面启动临床Ⅱ期试验，受试者入组等工 作。目前，YB211 项目受试者入组及临床试验观测等工作正积 极有序开展。 编号：2026001 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、 人员姓名、时间 2026 年 1 月 23 日：光大证券黄素青、民生加银刘浩、富国基 金黄致君、中意资产马成骥、兴全基金戴心、东吴基金吴佳歆 地点 九芝堂股份有限公司（北京） 上市公司接待 人员姓名 董事会秘书韩辰骁 投资者关系活 动主要内容介 ...

Group 1: Company Overview and Market Position - The company aims to achieve 50% of its total revenue from overseas markets, focusing on unconventional oil and gas resources, particularly in North America, South America, and the Middle East [3] - The management team is adjusting to enhance international market capabilities, with the new general manager bringing extensive experience from the overseas marketing system of a major competitor [3] Group 2: Product Demand and Market Trends - The demand for drilling tools is expected to stabilize as domestic oilfield production levels off, while exploration for natural gas, especially shale gas, continues to increase [2] - The core technology for shale gas development focuses on horizontal drilling and fracturing, with screw drill tools being essential for these operations [2] Group 3: Competition and Product Landscape - Major domestic competitors for screw drill tools include Tianjin Liling Petroleum Machinery Co., China National Petroleum Corporation, and Sinopec Petroleum Machinery Co. [4] - The company has successfully secured bulk orders for its new ultra-wear-resistant high-pressure acid fracturing hoses, indicating a competitive edge in the market [4] Group 4: Technological Challenges and Innovations - Key challenges in high-temperature screw drill tools include the durability of rubber components under extreme conditions, with temperatures exceeding 200°C [6] - The company has developed a specialized high-temperature material system to enhance the performance of rubber components, addressing issues like aging and sealing failures [6] Group 5: Product Lifecycle and Performance - The rated lifespan of the company's screw drill tools ranges from 100 to 600 hours, with some rotors exceeding 1,000 hours of continuous use [8]

证券代码：002138 证券简称：顺络电子 1 | 回答： | | --- | | 公司基于对材料、设备、设计、制造工艺的能力，把握 | | 住产业机会，为各类AI服务器类客户提供一站式元器件解决 | | 方案。 | | 客户已覆盖国内头部服务器厂商及各头部功率半导体 | | 模块厂商，公司AI服务器相关的订单饱满，相关业务将继续 | | 保持快速增长。 | | 3、请问公司IOT类产品的拓展情况如何？ | | 回答： | | 物联网（IOT）、能源市场（SOFC、新能源汽车电子、 | | 光伏、储能应用）及数据中心等新兴领域，是公司未来持续 | | 发展的基础，也是目前公司聚焦的业务，公司在新兴市场应 | | 用领域的推广力度正逐步加大，目前进展顺利，产品推广及 | | 市场推进持续进行中。公司在IoT业务上有着较快的发展速 | | 度，目前客户情况拓展顺利。 | | 4、请问公司产品价格有什么变化？ | | 回答： | | 公司产品属于电子元器件，成立以来一直专注于主业发 | | 展，目前公司电感产品技术水平与全球知名电子元器件厂商 | | 技术水平比肩，产品拥有核心竞争力，且公司拥有全球领先 | | 的 ...