国内首个实现量产的厂商。25 年前三季度，营收 9.67 亿，归母净利润 0.57 亿。在产品规划上，公司将聚焦白色家电、智能家居、智能汽车、智能机 器人等应用场景开展新品研发，例如变频电机 MCU、WiFi/BLE-MCU、车规 MCU、车规 AFE、人形机器人关节控制 MCU 等。战略目标是成为世界级 MCU 厂商。在企业战略上，要争取做 MCU、BMIC 领域单项冠军、IC 行业头部厂 商。定位进口替代，做中国芯先行者。实施出海战略：1.0 海外市场；2.0 国际品牌；3.0 国际化；4.0 全球在地化。争取成为国际级的 IC 厂商。在 业务战略上，以高品质、差异化产品巩固家电市场。推出车规 MCU、车规 AFE 进军汽车电子市场。布局智能机器人关节控制 MCU 产品技术。在职能战 略上，把人才作为核心资产，有效激励。运用上市公司政策工具，整合资 本市场资源。强化供应链管理，坚持合作共赢。严把质量关，追求客户满 意度。未来将采用内生式增长+外延式并购双引擎驱动发展模式，进一步加 强治理和管理，力争成为世界级、国际化的 MCU 芯片设计企业。 2、公司 2022 年归母净利润达 3.23 亿元，2023 ...

证券代码：002303 证券简称：美盈森 美盈森集团股份有限公司 投资者关系活动记录表 编号：2025-20 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 参与单位名 称及人员姓 名 1、国信轻工 陈伟奇、李晶 2、东方证券创新投资 高玉凤、任书平 上市公司参 与人员 1、董事会秘书 刘会丰 2、证券事务代表 闻敏 时间 2025 年 12 月 3 日（周三） 地点 美盈森大厦 B 座 1607 会议室 形式 线下现场会议 交流内容及 具体问答记 录 1、公司海外业务的主要客户有哪些？ 答：公司海外业务客户目前以消费电子、家具家居和家用电 器等行业为主。 2、公司海外的产能情况如何？ 答：公司在越南、泰国、马来西亚和墨西哥四个国家有六个 工厂，均还有一定的产能空间。在一些有增量订单的区域，我们 也会根据下游市场需求针对性的安排一些产能扩张的计划，并根 据客户需求逐步投资。目前海外有一些新的产能在筹划中。 1 | 3、海外产能的扩张投资大不大？ | | --- | | 答：公司海外产能扩张主要采取租赁厂房、调配现有国内空 | | 余设备等产能扩 ...

随着消费者对智能驾驶、实时互联等智能网联功能的需 求持续升级，TBOX 产品的功能需求是不断增加的。为响应行 业智能化、网联化的升级趋势，公司针对性推出 5G-V2X（车 路协同）TBOX 产品，有效带动单车价值量显著增长。 目前，TBOX 市场的供应商主要分为三类：第一类是大陆、 博世、法雷奥等国际汽车零部件供应商；第二类是具备车企 背景的供应商；第三类是像公司这样的独立第三方供应商。 作为第三方供应商，公司已与国内头部车企建立广泛且深入 的合作关系，并逐步向合资、外资车企阵营渗透，产品已成 功配套上汽集团、奇瑞汽车、吉利汽车、长城汽车、比亚迪 等国内主流车企，以及大众汽车、丰田汽车、通用汽车等国 际知名车企的相关车型。 近年来，随着国内厂商研发实力的持续提升、技术迭代 速度的加快，产品性能与稳定性不断优化，叠加丰富的场景 化应用经验及完整的供应链体系支撑，国产品牌在 TBOX 市 场的高性价比优势与本土供应链服务优势逐步凸显。在此背 景下，国产 TBOX 厂商的市场竞争力持续增强，不仅逐步实 现对进口产品的替代，更呈现向外资、合资车企供应链延伸 的良好趋势。 依托多年来积累的广泛客户基础，公司深度贴合客户 ...

证券代码： 002862 证券简称：实丰文化 实丰文化发展股份有限公司投资者关系活动记录表 （四）近期豆包 ai 携手 nubia，推出 ai 手机，也是 agent 较好 诠释，公司如何思考 ai agent 赋能玩具这一入口？ 答：公司认为 AI Agent 为玩具注入了真正的智能内核，让 玩具实现了五大关键升级：从被动响应到主动规划，玩具拥有了 目标感与决策能力，能主动构思并引导游戏；从功能记忆到情感 记忆，通过长期记忆模块记住孩子的喜好与经历，建立专属情感 连接；从单一交互到多模态融合，整合视觉、听觉、触觉等感知 能力，实现自然全方位的互动；从独立设备到生态枢纽，具备调 用外部工具与服务的能力，成为连接智能家居与在线服务的入 口；从固定设定到性格演化，基于持续互动数据不断成长，实现 "独一无二"的陪伴。 在玩具的价值层面上，传统玩具是内容固定、被动响应的静 态物品，只能满足基础娱乐需求，采用一次性售卖模式；而 AI Agent 玩具则成为了有记忆、可进化的"生命体"，能提供高度 个性化的专属定制服务，通过多模态、主被动交互，为用户动态 生成和调用无限的内容。通过 Agent 对用户的不断了解，更能与 ...

Group 1: Company Overview and Strategy - The company adheres to the value proposition of "product leadership, value service, and partner growth," focusing on product, market, customer, and efficiency [2] - The company has established a nationwide marketing network in China and a professional marketing and technical service team to provide valuable products and solutions [3] - The company has been operating internationally for over 20 years, developing a mature method for selecting quality distributors and a unique "partner growth" model [4] Group 2: Financial Performance and Revenue Structure - The company's overseas business revenue accounts for nearly 40% of total revenue, indicating rapid growth in international markets [3] - The main customers include feed production enterprises, breeding enterprises, and distributors, with notable clients such as New Hope and Tongwei [3] Group 3: Product Development and R&D - The core products include functional feed additives, nutritional feed additives, and enzymatic plant proteins, with functional feed additives generating the highest revenue [5] - The company aims to develop high-efficiency, safe, and environmentally friendly feed additives and enzymatic protein products to address industry pain points and enhance animal production performance [5] Group 4: Market Expansion and Future Plans - The company has established sales networks in over 40 countries, including Vietnam, Russia, and Brazil, and plans to continue expanding its international presence [4] - The company is developing a corn protein processing project with an expected annual output of 100,000 tons, which will diversify its product offerings and mitigate market risks [6] Group 5: Collaborations and Research Initiatives - The company collaborates with various universities and research institutions to enhance its research capabilities and support product innovation [7] - Ongoing research projects focus on non-antibiotic disease prevention in poultry and improving the efficiency of fish feed, contributing to sustainable aquaculture [7] Group 6: Market Position and Future Outlook - The company is exploring opportunities in the pet market and is open to potential mergers and acquisitions, depending on industry trends and long-term strategic planning [8] - The company emphasizes a dual approach of expanding into new markets while deepening existing market value [4]

证券代码：002863 证券简称：今飞凯达 浙江今飞凯达轮毂股份有限公司投资者关系活动记录表 编号：2025-004 2、铝价的波动是否会影响公司利润水平？公司的定价原 则是什么？ | 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） | | 参与单位名称及 | 鑫元基金管理有限公司 徐欢 | | 人员姓名 | | | 时间 年 2025 | 月 日 12 2 | | 地点 | 浙江今飞凯达轮毂股份有限公司会议室 | | 上市公司接待人 | 浙江今飞凯达轮毂股份有限公司董事会秘书葛茜芸、财务总监 | | 员姓名 朱妍 | | | | 互动交流情况如下： | | | 1、公司的供应商管理策略如何？选择去云南、宁夏建厂 | | 有何优势？ | | | | 答：公司在供应商方面秉持"稳定、高效、协同、共赢" | | | 的核心理念。公司注重与核心供应商建立长期稳定的战略合作 | | | 关系，通过签订长期协议、实施合作开发等方式提升供应链的 | | 投 ...

Group 1: Business Overview - The company focuses on providing advanced system solutions and lifecycle services in the energy and power sectors, with products including compressors and heat exchangers, covering a temperature range of -271°C to 200°C [3] - Key applications of products span across various industries such as food processing, cold chain logistics, industrial cooling systems, and commercial air conditioning [3] Group 2: Financial Performance - The low-temperature refrigeration segment experienced a slight decline in revenue during the first three quarters, with the decrease narrowing each quarter; however, the special air conditioning and thermal management segments showed year-on-year growth [4] Group 3: Data Center Applications - The company’s subsidiaries provide cooling equipment for data centers, including liquid cooling systems, with significant projects completed for major clients like the National Supercomputing Center and various banks [4][6] - The proportion of centrifugal chillers, particularly magnetic levitation types, is increasing in the IDC chiller market, while the share of screw chillers is declining [6] Group 4: Nuclear Power Sector - The company is actively involved in the nuclear power sector, focusing on core applications such as nuclear island cooling and heat recovery, with successful projects at multiple nuclear power stations [7] - Innovations include a no-power cooling system for the containment shell and technologies for nuclear heating and long-distance heat supply [7] Group 5: Thermal Management and Carbon Neutrality - The company is committed to thermal management solutions, particularly through industrial heat pumps, and has been recognized as a national-level specialized "little giant" enterprise [8] - The company’s technologies for waste heat recovery and carbon capture are expected to become essential in high-energy-consuming industries, driven by national policies on carbon neutrality [8]

Group 1: Company Overview - The company primarily engages in the development and utilization of tungsten mining resources, producing ammonium paratungstate (APT), tungsten oxide, tungsten powder, tungsten carbide powder, thermal spray powder, and hard alloy products, establishing a comprehensive tungsten industry chain [1] - The upstream business focuses on tungsten mining resource exploration and selection, with tungsten concentrate as the main product, and by-products including tin and copper concentrates sold externally [1] - The midstream production includes various specifications of powder products, capable of producing ultra-fine, fine, medium, coarse, and ultra-coarse powders to meet diverse customer needs [2] Group 2: Resource Integration and Procurement - The company completed the verification report for tungsten resource reserves in the Taoxikeng mining area and submitted the development plan for review by the Ministry of Natural Resources in the first half of 2025 [3] - The company self-produces all tungsten concentrates for its own use and procures additional tungsten concentrates and APT from qualified suppliers, ensuring stable raw material supply through rigorous supplier evaluation [4] Group 3: Business Operations and Market Position - Ganzhou Aoketai specializes in cutting tools for difficult-to-machine materials, producing various types of cutting tools for industries such as automotive, aerospace, and energy, with steady sales growth expected in 2025 [5][6] - The company aims to enhance its production capacity for competitive, high-value-added products based on market demand [6] Group 4: Future Trends and Strategic Direction - Tungsten is a strategic mineral resource in China, with supply constraints and increasing downstream demand expected to stabilize tungsten concentrate prices [6] - The company focuses on efficient utilization and development of tungsten resources, emphasizing high-performance, high-precision, and high-value-added hard alloys [6] - Plans include strengthening upstream resource exploration, optimizing midstream production processes, and advancing downstream high-end brand strategies in sectors like aerospace and new energy [6]

投资者关系活动记录表 编号：2025-039 投资者关系活动 类别 ☑ 特定对象调研 □分析师会议 □媒体采访 □新闻发布会 ☑ 现场参观 □业绩说明会 □路演活动 □其他： 参与单位名称 华夏基金 浙商证券 时间 2025 年 12 月 2 日 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 向碧琼女士 证券事务代表 王占超先生 投资者关系活动 主要内容介绍 一、基本情况介绍 公司是专业从事物联网智能化产品的研发、生产和销售的高 新技术企业、专精特新"小巨人"企业，以通信、定位、AI等技 术应用为核心，基于自研无线通信模组，为物联网众多应用场景 提供智能终端产品及配套解决方案。 公司始终秉承"智慧赋能万物，共创美好未来"的使命，坚 持"成就客户、创新驱动、博大务实、品质至上"的经营理念， 依托"通信+定位+AI"底层核心技术与"模组+平台+终端"业务 模式，深耕车联网，广泛布局物联网，致力于成为全球的物联网 智能化应用解决方案专家。 2024 年度，公司实现营业收入 14.02 亿元，较上年同期增 加 24.85%，实现归属于上市公司股东的净利润 1.76 亿元，较上 年同期增加 0.81% ...

R&D and Product Development - The company focuses on functional, green, and diversified product development, expanding from traditional fiber masterbatch to film and plastic applications [20] - Continuous R&D investment and collaboration with academic institutions help maintain a leading position in technology [20] Financial Performance - The company has a low debt ratio, indicating manageable liquidity risk, with strong cash reserves covering short-term debts [3] - The accounts receivable management is strict, with a stable collection rate that is better than the industry average [2] Market and Industry Insights - The Chinese color masterbatch market is expected to maintain steady growth due to ongoing industry expansion and increased environmental awareness [6] - The fiber masterbatch industry is characterized by low concentration, with many small-scale enterprises, leading to a competitive landscape driven by technological upgrades and environmental policies [7] Profitability and Growth Strategies - The company has seen stable and slightly increasing gross margins over the past two years, with plans to enhance market share through smart manufacturing and technological upgrades [8] - Strategies to maintain profit margins include leveraging technological barriers, providing integrated solutions, and capitalizing on scale and location advantages [10] New Material Development - The COFs new material is currently in the client verification phase, with plans for a 200-ton production line under development [11][14] - The company is addressing potential commercialization challenges, including pricing and performance consistency, through innovative production methods [19] Future Outlook - The company aims to focus on green technology, functional material innovation, and collaborative industrial ecosystems, reinforcing its position as a leader in the chemical fiber masterbatch industry [21]