Group 1: Business Performance Overview - The revenue from the new energy vehicle gear business reached 3.37 billion CNY in 2024, accounting for 38.38% of total revenue, with a year-on-year growth of 51.21% [3] - The traditional fuel vehicle gear business generated 1.95 billion CNY in 2024, showing a decline of 1.99% year-on-year [3] - The intelligent actuator business saw a revenue growth rate of over 69% in 2024, maintaining similar growth in Q1 2025 [3] - The commercial vehicle gear business revenue decreased by 18.01% in 2024, but showed signs of recovery in Q1 2025 [3] Group 2: Future Outlook and Strategic Initiatives - The Hungarian factory is expected to start contributing to revenue in the second half of 2025, with ongoing equipment installation and debugging [5] - The company is optimistic about the new energy commercial vehicle gear market, focusing on the heavy-duty truck sector to enhance brand influence and market share [7] - The company anticipates steady growth in the intelligent actuator segment over the next two to three years, driven by market expansion [10] Group 3: Competitive Advantages and Market Position - The company has a competitive edge in product quality and cost control, which has been validated in the domestic market [8] - The establishment of the Hungarian factory will reduce delivery times and logistics costs, enhancing competitiveness in international markets [8] - The company plans to align the profit margins of the Hungarian factory with domestic levels, although initial strategies may involve lower margins to gain market share [9] Group 4: Product Development and Innovation - The single vehicle value of gear products is increasing due to product structure upgrades and the rising demand for high-precision gears in mid-to-high-end models [11] - The company is focusing on the development of coaxial reducer gears, which have higher technical complexity and value compared to parallel reducer gears [11] - The intelligent actuator products are expected to see improved profit margins due to cost reduction and efficiency enhancement initiatives [4]

投资者关系活动记录表 编号：20250506 | | ☐特定对象调研 ☐分析师会议 | | | --- | --- | --- | | | ☐媒体采访 | 业绩说明会 | | 投资者关系活动类别 | ☐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） | | | 参与单位名称及人员姓名 | 线上参与公司2024年度业绩说明会的全体投资者 | | | 时间 | 2025年05月06日 15:00-17:00 | | | 地点 | 价值在线（https://www.ir-online.cn/）网络互动 | | | 上市公司接待人员姓名 | 董事、总经理 邹华 董事、副总经理、财务负责人、董事会秘书 邱德意 | | | | 独立董事 李正华 | | | | 1.公司拟收购南方电网综合能源（佛山）有限公司股权事项相关 | | | | 工作尚在推进中，预计何时能完成收购？ | | | | 答：尊敬的投资者您好，公司拟收购南方电网综合能源（佛山） | | | | 有限公司股权事项相关工作尚在推进中，尚未签署正式的《股权转让 | | | | 协议》，实施过程存在不确定性 ...

Group 1: Company Performance and Strategy - The company has maintained stable performance and continuous growth due to its focus on the film capacitor industry and a balanced market presence across various sectors such as home appliances and renewable energy [5] - The company has introduced 10 strategic investors during its public offering, which is expected to enhance its market position from both industrial and capital perspectives [6] - The company is actively expanding its production capacity, with the first phase of the metallized film production line equipment already in place and under commissioning [7] Group 2: Market Trends and Product Development - The flexible DC transmission technology is increasingly applied in power systems, with the company's flexible DC capacitors having passed various tests and currently in the prototype engineering phase [6] - The company has obtained 5 invention patents since its listing, indicating a commitment to innovation [7] - The company is focusing on expanding its business in emerging markets such as Southeast Asia and countries along the "Belt and Road" initiative [10] Group 3: Financial Performance - In Q1 2025, the company's revenue increased by 3% year-on-year, but net profit decreased by 9.8%, primarily due to a 1.37% decline in gross margin [13] - The company aims to improve profitability through business expansion and cost reduction measures, including the construction of the metallized film production line [13] - The company has a dividend plan in place, as disclosed in its equity distribution proposal [9] Group 4: Impact of Government Policies - National policies promoting household appliance upgrades and recycling have positively influenced the company's core business in the home appliance sector [15]

Group 1: Dividend Policy and Financial Performance - The company plans to distribute a cash dividend of 1.5 CNY per 10 shares, reflecting confidence in future cash flow and commitment to maintaining a high dividend payout ratio, which is at least 20% of distributable profits each year [1] - In Q1 2025, the company reported a net profit of 23.42 million CNY, a 70.44% increase year-on-year, driven by recovery in the Shanxi market and significant growth in orders, particularly a 464% increase in detonator sales [6][8] - For 2024, the company achieved a total revenue of 1.101 billion CNY, a decrease of 16.19%, and a net profit of 140 million CNY, down 31.59% [6] Group 2: Industry Outlook and Growth Drivers - The civil explosives industry is expected to grow due to policy-driven industrial upgrades, stable market demand, and technological innovations [2][4] - The domestic demand for civil explosives is supported by rising prices of non-ferrous metals and ongoing infrastructure projects, while the global market is three times larger than the domestic market, presenting significant overseas opportunities [2] - The industry benefits from strong profitability due to high regulatory barriers, with leading companies enjoying higher gross margins compared to the average in the construction sector [2] Group 3: Strategic Initiatives and Future Plans - The company aims to enhance its production capacity with three automated assembly lines for detonators and plans to expand its market presence in Xinjiang and Tibet [4][5] - The company is focusing on digital transformation and the development of intelligent blasting systems, collaborating with universities to innovate in the field [5][7] - Future growth will be driven by expanding export markets and enhancing military cooperation, with plans to acquire promising military enterprises [5][8] Group 4: Challenges and Market Dynamics - The civil explosives industry faces challenges such as market fluctuations and regulatory changes, but overall prospects remain positive due to supportive policies and technological advancements [2][4] - The company is actively pursuing mergers and acquisitions to consolidate its position in the market and improve operational efficiency [4][5]

Group 1: Company Overview and Performance - In 2024, the company achieved a revenue of CNY 2.395 billion, a year-on-year increase of 6.27%, while net profit decreased by 45.21% to CNY 139 million due to market demand fluctuations and competitive pressures [3][4] - The total number of customers surpassed 1,120, reflecting a year-on-year growth of 22.87% with over 200 new clients added [4] Group 2: Business Segments - The ERP business is experiencing two major trends: the decoupling of core ERP systems and the steady advancement of domestic innovation, creating opportunities in large enterprises [5] - The intelligent manufacturing segment saw a revenue increase of 19.33%, accounting for 41.34% of total revenue, with a focus on AI applications in industrial processes [6] Group 3: Future Strategies and Outlook - In Q1 2025, net profit increased by over 20%, indicating a strong start to the year. The company plans to focus on existing markets, expand into new ones, and optimize operations using AI technologies [7] - The financial strategy emphasizes improving operating cash flow through customer credit management and integrating financial personnel into business units [8] Group 4: AI Business Development - The company aims to customize AI solutions for B-end clients in manufacturing, developing semi-general intelligent agents for specific scenarios [9] - AI products are expected to support gross margin improvements, particularly in the intelligent manufacturing sector, where unique offerings can command better pricing [12] Group 5: Collaborations and Market Position - The company is collaborating with major model providers like Tencent and Alibaba, enhancing its ability to adapt and deploy AI solutions effectively [12]

Financial Performance - In 2024, the company achieved a total revenue of 94,016.42 million yuan, representing a year-on-year growth of 25.93% [4] - The net profit attributable to shareholders was 8,263.76 million yuan, with a year-on-year increase of 3.44% [4] - In Q1 2025, the company reported a revenue of 26,126.85 million yuan, showing a year-on-year growth of 42.15% [4] - The net profit attributable to shareholders in Q1 2025 was 2,036.96 million yuan, reflecting a significant year-on-year increase of 59.49% [4] Accounts Receivable Management - As of December 31, 2024, the net accounts receivable amounted to 380 million yuan, an increase of 24.78% year-on-year [3] - The growth trend of accounts receivable aligns with the revenue growth trend, indicating effective management [3] - The company plans to enhance accounts receivable risk control and improve transaction transparency [3] Automotive Sector Developments - The company has made significant breakthroughs in automotive products, including ceramic capacitive pressure sensors and MEMS pressure sensors [5][6] - In 2024, revenue from automotive applications reached 52,005 million yuan, accounting for 55.31% of total revenue, with a year-on-year growth of 32.84% [6] Market Position and Industry Outlook - The company is recognized as a leading player in the sensor industry, having been selected as a "small giant" enterprise by the Ministry of Industry and Information Technology [7] - The sensor industry is experiencing stable growth, driven by technological advancements and increasing demand [9] - Future growth points include the expansion of MEMS pressure sensors and the development of new product areas in the smart sensor market [5][9] Sales Distribution - In 2024, domestic sales generated revenue of approximately 796.85 million yuan, accounting for 84.76% of total revenue, while international sales contributed about 143.32 million yuan, or 15.24% [8]

Group 1: Data Center Industry Insights - The demand for distributed small and medium-sized data centers in traditional industries is expected to grow due to the integration of AI large model technology, although this process will take time to fully materialize [1] - The construction cycle of data centers is influenced by three key factors: electricity, land, and funding, making it a gradual process rather than a quick turnaround [2] - The data center industry has experienced high growth rates and optimistic development trends in recent years, particularly with the explosion of AI technology [2] Group 2: Energy Storage Business Deployment - The company's energy storage market is primarily focused on overseas markets, particularly in Europe and Southeast Asia, with recent expansions into the Middle East, Africa, and South America [2] - The company offers both standalone UPS products and bundled sales with batteries, depending on the procurement preferences of clients [2] - The company’s lead-acid battery products are known for their stability and brand recognition, leading to a significant number of bundled orders [2] Group 3: Investor Relations and Communication - The company ensures compliance with information disclosure regulations, maintaining the authenticity, accuracy, completeness, timeliness, and fairness of information shared with investors [2] - There were no incidents of undisclosed significant information leaks during the investor communication process [2]

Group 1: Financial Performance - In 2024, the company achieved operating revenue of 1.897 billion CNY, a year-on-year increase of 23.45% [2] - Net profit attributable to shareholders reached 36.5965 million CNY, up 520.69% year-on-year [2] - R&D investment for 2024 was 115.6445 million CNY, accounting for 6.10% of total revenue [2] - Operating cash flow increased by 78.04% year-on-year [2] - In Q1 2025, revenue continued to grow, with a year-on-year increase of 8.46% [2] Group 2: Product Development and Market Expansion - The company is focusing on special high polymer materials for various sectors, including automotive, new energy, and semiconductors [2][4] - New materials for automotive applications include lightweight materials for drones and high-precision positioning antenna materials for autonomous driving [4] - The company has developed a complete wind cooling material solution for AI servers, enhancing its position in the high-frequency communication market [3] - PEEK material production has progressed, with the project passing expert review and awaiting formal production licensing [4] Group 3: Strategic Focus and Future Plans - The company aims to accelerate capacity release in 2025, leveraging its accumulated technology, products, and customer base [5] - The supply chain for raw materials has been fully localized, reducing dependency on imports [5] - The company is addressing diverse material needs from downstream customers, ensuring a robust response to market demands [2][4]

Financial Performance - The company achieved a net profit of 220.101 million yuan in 2024, representing a year-on-year growth of 2.05% [2] - The decline in profitability in Q1 was attributed to a decrease in domestic product prices and the impact of increased tariffs on sales to the U.S. [3] Strategic Responses - To mitigate the impact of U.S. tariffs, the company plans to establish a production base in Indonesia, expected to commence operations in Q3 2025 [3] - The strategy includes a dual approach of "overseas factory + domestic market" to enhance risk resilience [3] Market Insights - The U.S. fast-food market is significantly larger than China's, with a market size of $387.5 billion in 2023, showing a year-on-year growth of 1.44% [4] - The domestic new-style tea beverage market is projected to reach 179.3 billion yuan in 2024, with an expected growth rate of 19.69% [4] Customer Engagement and Product Offering - The company primarily serves large foreign distribution and catering enterprises, focusing on plastic dining utensils, paper cups, and biodegradable materials [3] - There is an emphasis on maintaining product quality and responding to customer feedback to ensure stable partnerships with existing clients [4]

证券代码：836395 证券简称：朗鸿科技 公告编号：2025-043 杭州朗鸿科技股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 □现场参观 □新闻发布会 □分析师会议 □路演活动 √其他 (机构投资者线上交流会议) 二、 投资者关系活动情况 活动时间：2025 年 4 月 29 日 活动地点：线上会议 一、 投资者关系活动类别 □特定对象调研 □业绩说明会 □媒体采访 回答：公司坚持以市场需求为导向，密切关注市场动态，来更好的规划新产 品路线，不断加大技术创新与产品创新投入力度，深入挖掘技术研发潜力，加快 研发成果产业化发展，推动产品升级换代，丰富扩展产品线，优化产品结构。2024 年公司已陆续有新品投放市场，同时公司将继续在研发端发力，扎根市场，深化 与各方的合作，不断迭代产品，提升企业价值，在激烈的市场竞争中保持领先地 位。 问题 2：公司相较于竞争对手的优势有哪些？ 回答：公司始终致力于构建具有行业竞争力的研发布局，将创新置于发展的 核心地位。经过多年的深耕 ...