Financial Performance - The company's revenue for 2024 was CNY 249 million, with Q1 2025 revenue at CNY 38 million, representing a year-on-year growth of 2.15% [3] - New contracts signed in 2024 amounted to CNY 376 million [3] Product Development - In February 2025, the company launched the "1•5•5•N" next-generation XSim® military intelligence system, marking a transition from military simulation to military intelligence [3] - The company focuses on military intelligence product development, utilizing self-developed intelligent simulation platforms and digital battlefield tools [4] Market Position and Strategy - The primary clients are military and defense industrial enterprises, with order acquisition channels including military procurement networks and bidding agencies [3] - The company has adjusted its internal structure to enhance efficiency, with a total of 564 employees by the end of 2024 [4] Industry Overview - The military intelligence industry is rapidly evolving, leveraging AI, big data, IoT, and simulation technologies to enhance military equipment intelligence and operational effectiveness [5] - The industry is transitioning from technology exploration to large-scale application and practical deployment [5] Future Outlook - The company anticipates significant growth driven by advancements in technology and the evolving nature of warfare towards intelligence and information [6] - Emphasis on enhancing military training and operational capabilities to adapt to new warfare characteristics [6]

Financial Performance - In 2024, the company achieved operating revenue of 422.24 million RMB, a decrease of 3.09% compared to the previous year [2] - The net profit attributable to shareholders was 32.27 million RMB, down 41.32% year-on-year [2] - The net cash flow from operating activities was 74.23 million RMB, with basic earnings per share at 0.74 RMB and a weighted average return on equity of 4.40% [2] Revenue Contribution by Business Segment - Signal magnetic components contributed 67.33% to total revenue, while power magnetic components and others accounted for 30.24% [3] Research and Development - R&D investment for 2024 was 25.57 million RMB, representing 6.06% of operating revenue, with a year-on-year increase of 14.10% [3][4] - The number of R&D personnel was 119, making up 19.10% of the total workforce, reflecting a growth of 3.48% [8] Market and Geographic Distribution - Domestic revenue accounted for 71.54%, while overseas revenue made up 28.46% [4] - The company plans to establish a factory in Southeast Asia to mitigate challenges in overseas market expansion [4] Product Development and Innovation - New products launched include high-reliability network transformers and automotive-grade inductors, enhancing the company's product portfolio [5] - The company integrates manufacturability design into product development to control costs and improve efficiency [10] Strategic Plans and Future Outlook - For 2025, the company aims to focus on building an intelligent factory, increasing R&D investment, expanding customer base, and optimizing talent mechanisms [7] - The company anticipates that the growth in strategic emerging fields like 5G and electric vehicles will provide significant market opportunities [6] Shareholder Returns - The profit distribution plan for 2024 proposes a cash dividend of 3 RMB per 10 shares, totaling 13.28 million RMB [12]

Group 1: Company Strategy and Investments - The core purpose of investing in Peisheng Biotechnology is to promote the application of new raw materials in C-end products, enhancing market competitiveness in food, nutrition, and beauty sectors [4] - The establishment of Beijing Kaiyuan Juliy aims to leverage talent and resources in the capital to enhance business expansion and capital operation professionalism [4] Group 2: Production Capacity and Flexibility - The 85,000-ton project is an upgrade of the existing erythritol production line, enabling flexible manufacturing of multiple products based on market demand [4] - The 80,000-ton project focuses on upstream integration, producing liquid glucose from corn, ensuring stable raw material supply for various products [4] Group 3: Employee Stability - The number of employees remains stable, with no layoffs reported, emphasizing talent cultivation and a supportive work environment [4] Group 4: Market Performance and Sales - Erythritol revenue was 515.4 million yuan, with a sales price exceeding 10,000 yuan/ton, leading to a sales volume of less than 50,000 tons due to industry competition and EU anti-dumping measures [7] - Domestic market sales increased by 70.23% year-on-year, with the number of domestic distributors rising by 117, reflecting the growing demand for reduced sugar products [9] Group 5: Regulatory Challenges - The EU imposed a 156.7% anti-dumping duty on the company's products, effective for five years, prompting adjustments in production processes to comply with cost assessment rules [10] - The company is actively responding to the US "double anti" investigation, which has impacted sales in the US market, and is developing contingency plans [14] Group 6: Product Development and Innovation - The second 10,000-ton production line for allulose is under rapid construction, aiming to capture market share once approved for domestic use [13] - The company is enhancing production processes for high-activity biological raw materials, expanding its product range beyond erythritol [13] Group 7: Future Outlook and Shareholder Returns - The company has a three-year shareholder return plan (2024-2026) focusing on stable profit distribution while considering profitability and cash flow [7] - The company aims to diversify its market strategy, reducing reliance on single markets and enhancing resilience against policy risks [15]

Group 1: Project Progress and Challenges - The construction of the waste battery recycling equipment manufacturing demonstration base is progressing slowly due to significant fluctuations in the prices of lithium carbonate and other battery raw materials [2] - The construction of the construction waste recycling equipment production base is also delayed, primarily due to the ongoing pressure in the real estate sector, leading to a decline in related investment and infrastructure growth [3] Group 2: Financial Performance - In Q1 2025, the company reported total revenue of 170,586,488.38 CNY and a net profit of 23,753,136.15 CNY, reflecting a significant decline compared to the previous period [3] - The decline in revenue and net profit is attributed to delays in project schedules and production line completion [3] Group 3: Market Outlook and Strategy - The mining equipment industry is currently facing intense competition, with weaker companies likely to be eliminated, while those with strong product quality and financial stability will find new opportunities [4] - The company remains focused on technological innovation and service enhancement to maintain a robust operational stance during industry adjustments [4] - Long-term prospects for the mining equipment industry are positive, driven by global mining transformation and domestic resource security needs [4]

Group 1: Financial Performance - The company reported a revenue of 1,344.82 million CNY and a net profit of 31.39 million CNY for 2023, with a revenue of 1,501.22 million CNY and a net profit of 32.07 million CNY for 2024, indicating stable performance since its listing [6] - In Q1 2025, the company achieved a revenue of 32.93 million CNY, a year-on-year increase of 21.62%, and a net profit of 7.07 million CNY, up by 10.54% compared to the previous year [8] - The company has maintained a consistent dividend payout, with distributions of 64.24 million CNY in 2022, 102.20 million CNY in 2023, and 143.08 million CNY in 2024 [11] Group 2: Market Strategy and Growth - The company is expanding its business into water meters and automotive parts, with the automotive parts segment generating 59 million CNY in revenue in 2024, accounting for only 3.93% of total revenue [10] - The company plans to enhance its international market presence and is actively exploring new opportunities in the automotive parts sector [3] - The company has established a full industry chain model, from traditional gas meters to smart gas meters and flow meters, to strengthen its market position [3] Group 3: Research and Development - The company has invested in multiple R&D centers across cities like Shanghai, Beijing, and Xi'an, with an average R&D expense ratio of 6.84% over the past three years [10] - In 2024, R&D investment reached 104.96 million CNY, reflecting a year-on-year growth of 17.41% [10] - The company focuses on developing ultrasonic gas meters and flow meters, ensuring competitive advantages in both domestic and international markets [11] Group 4: Corporate Social Responsibility - In 2024, the company donated 90,000 CNY and implemented measures for sustainable development, including the installation of solar panels and energy-efficient equipment [4] - The company is committed to carbon neutrality and green factory certification, actively managing supply chain carbon emissions [4]

| 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 （请文字说明其他活动内容） | | 参与单位名称及 | 线上参与公司 2024 年度网上业绩说明会的投资者 | | 人员姓名 | | | 时间 | 2025 年 5 月 8 日 15:00-17:00 | | 地点 | 证券日报网的投资者互动平台： | | | http://www.zqrb.cn/ | | 上市公司接待人 | 董事长：陈海伦 | | 员姓名 | 总经理：陈朝峰 | | | 董事会秘书：石定靖 | | | 财务总监：金江锋 | | | 独立董事：王伟良 | | | 公司于 2025 年 5 月 8 日（星期四）下午 15:00-17:00 在《证券 | | | 日报网》提供的网上路演平台举办 2024 年度业绩说明会，本次 年度业绩说明会采用网络远程方式举行，业绩说明会问答环节 | | 投资者关系活动 | 主要内容如下： | | 主要内容介绍 | 1、高管您好，请问贵公司本期财务报告中， ...

Group 1: Company Overview and Partnerships - The company collaborates with leading manufacturers and component producers, including Foxconn, BYD, GoerTek, Amazon, and LG [2][3] - The company’s product categories include consumer electronics, smart home, new energy, and smart medical fields [2][3] Group 2: Financial Performance - In 2024, the company achieved revenue of CNY 1,047,590,167.37 from precision components with a gross margin of 32.75% [3] - Revenue from intelligent automation equipment reached CNY 250,817,174.04, primarily in the consumer sector, with a gross margin of 43.18% [3] - For Q1 2025, total revenue was CNY 270,175,350.50, with a net profit of CNY 52,260,993.80 [6] Group 3: Research and Development - The company is focusing on AR/VR, optical, and semiconductor sectors, while also monitoring trends in artificial intelligence and robotics [6][8] - The decline in R&D personnel is attributed to strategic adjustments and resource optimization for the intelligent automation equipment business [3][6] Group 4: Market Expansion and Challenges - The company is expanding its overseas operations, particularly in Vietnam, to mitigate the impact of US-China tariffs [4][6] - The company is actively assessing the effects of tariff policies on its global business and aims to diversify its customer base [4][6] Group 5: Investment and Funding - As of December 31, 2024, the company invested CNY 97,137.85 million in fundraising projects, with a progress rate of 37.35% for precision components and 35.22% for the R&D center [6] - The company plans to use self-funding and bank credit to support its subsidiaries' financing needs [3][6] Group 6: Industry Outlook - The company anticipates growth in the consumer electronics, new energy vehicles, and smart medical sectors, driven by increasing market demand [9] - The AI-driven industrial revolution is expected to provide new momentum for economic recovery and growth [9] Group 7: Cost Control Measures - The company has implemented a comprehensive operational management system to enhance efficiency and reduce costs [10] - It has established a quality management system certified by multiple international standards, ensuring product quality [10]

Group 1: Industry Performance and Challenges - In 2024, the company's revenue from the photovoltaic sector was significantly impacted by rapid capacity expansion, intensified market competition, and continuous price declines in the industry [2] - The gross profit margin and capacity utilization of the company's subsidiaries in diamond wire and slicing services decreased, leading to lower-than-expected profitability, aligning with the overall industry trend [2] - The company plans to enhance its business development in consumer electronics, semiconductors, and new energy vehicles to improve profitability and achieve high-quality growth [2] Group 2: Consumer Electronics and AI Integration - The consumer electronics industry began to recover in the first half of 2024, driven by the explosion of AI technology, with significant market potential for products like smartphones and wearable devices [3] - The company's precision multi-wire cutting machines and grinding polishing machines are deeply applied in the smart terminal field, providing new opportunities in emerging sectors [3][4] - The integration of AI in new smart devices, such as AI glasses and headsets, is expected to drive innovation and product updates, with global shipments of smart glasses projected to reach 12.05 million units by 2025 [4] Group 3: Semiconductor Market Outlook - The global silicon carbide (SiC) market is rapidly growing, with projections indicating that the SiC power device market could reach $8.9 billion by 2028 and nearly $15 billion by 2030, capturing about 24% of the overall power device market [5] - The company is positioned as a major supplier of precision cutting, grinding, and polishing equipment for SiC substrate processing, with ongoing advancements in 6-inch to 8-inch substrate technology [6] Group 4: Magnetic Materials and Market Demand - Magnetic materials are essential for various industries, including wind power, electronics, and new energy vehicles, with increasing demand driven by the growth of emerging sectors [7] - The company has developed high-precision multi-wire cutting machines specifically for magnetic materials, aiming to meet the efficiency and automation needs of downstream customers [7] Group 5: Business Strategy and Future Growth - The company is focusing on optimizing its business structure and leveraging its integrated technology advantages to enhance profitability and market competitiveness [9] - The company has achieved full production capacity in its silicon wafer processing business, improving profitability through cost reduction and efficiency enhancement [8] - The company remains confident in the future of photovoltaic energy as a key focus for global energy development, despite advancements in nuclear power technology [8]

广东鸿特科技股份有限公司 投资者关系活动记录表 证券代码：300176 证券简称：鸿特科技 | 投 资者 关系 活 | □特定对象调研 □分析师会议 | | --- | --- | | 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 （请文字说明其他活动内容） | | 参 与单 位名 称 | 通过深圳证券信息有限公司提供的网上平台"全景•路演天 | | 及人员姓名 | 下"参与鸿特科技 2024 年度网上业绩说明会的广大投资者 | | 时间 | 2025 年 5 月 8 日（星期四）下午 15:00 至 17:00 | | 地点 | "全景·路演天下"（http://rs.p5w.net） | | 上 市公 司接 待 | 公司董事长卢楚隆先生、独立董事熊锐先生、财务总监朱龙 | | 人员姓名 | 华女士、董事兼总经理卢宇轩先生、董事兼副总经理兼董事 | | | 会秘书黄平先生。 | | | 1、领导，您好！我来自四川大决策，公司目前的市场份额和 | | | 竞争地位如何？为了提升市场份额，公司在市场营销、产品 | | | 差异化等方面将 ...

Financial Performance - In 2024, the company achieved a revenue of 363.35 million yuan and a net profit attributable to shareholders of -23.86 million yuan, reducing losses by 10.17 million yuan, a decrease of 29.88% compared to 2023 [2] Growth Strategies - The company plans to leverage industry development opportunities in 2025 by iterating AI research and development, expanding business operations, and improving financial performance [3] - Key focus areas include: - **Commercial Services**: Advancing the "HuiKe Cloud" big data product strategy by increasing data sample collection and exploring new data products [3] - **Public Services**: Expanding existing solutions to empower digital transformation for government and enterprise clients [3] - **Computing Power Services**: Utilizing proprietary computing resources to develop client services [3] - **Emerging Technologies**: Enhancing R&D in large models and big data applications to improve core competitiveness [3] Product Development - The company will continue to enhance its customer flow data analysis system, maintaining a leading market share and exploring new expansion plans [4] - In AI algorithms, the company has developed proprietary technologies and is building a multi-modal data understanding model to improve service quality [5] Technology Integration - The integration of multi-modal large model technology is expected to enhance data product capabilities and improve user interaction through personalized experiences [7] Market Positioning - The remote store inspection system has covered multiple retail scenarios, with plans to enhance market influence and profitability through AI applications [8] - The AI and big data industry is projected to have a favorable development outlook in 2025, driven by increased demand for high-quality data and computing power [9] R&D Investment - The company will maintain high R&D investment in 2025, focusing on algorithms, computing power, and data to enhance its core competitiveness in the AI era [10] Brand Development - Continuous efforts in brand building have led to increased recognition and industry influence, with multiple awards received in 2024 [11] Dividend Information - Since 2020, the company has distributed a total of 108.69 million yuan in dividends, including share buybacks and cancellations [12]