Group 1: Investor Relations Activities - The company engaged in various investor relations activities, including on-site visits and online communications [2] - Notable participants included representatives from multiple funds and investment firms, indicating a broad interest in the company's operations [2] Group 2: Product Advantages - The new high-alloy forged composite liner offers five key advantages: 1. Extended lifespan, increasing usage duration by 1-2 times compared to traditional materials [4] 2. Improved mill efficiency, with a potential increase of 10% in performance [4] 3. Reduced energy consumption, with a weight reduction of 20%-30% leading to a decrease in energy use by 3%-7% [5] 4. Enhanced operational stability, minimizing maintenance frequency and downtime [5] 5. Easier installation and removal, significantly shortening maintenance time [5] Group 3: Application Cases - Successful applications of the new liner include: 1. A semi-autogenous mill in Tibet showed a lifespan increase of nearly 100%, with a 20% improvement in mill efficiency and an 18.9% reduction in electricity consumption [5] 2. A large mining enterprise in Anhui reported a lifespan increase of 50% and a 40% increase in processing capacity [5] 3. The company has also installed liners in various international mining operations, including in Mexico and the Democratic Republic of the Congo [6] Group 4: Future Product Strategy - The company aims to position the forged composite liner as a flagship product, driving sales of other spare parts and integrated services [7] - Plans for global promotion of the product are set for 2026, following further improvements based on user feedback [8] Group 5: Competitive Landscape - Currently, the forged composite liner is a unique product with no direct competitors, although future competition is anticipated [9] - The complex production process and high initial investment create barriers for new entrants, providing a competitive edge for the company [9] Group 6: Global Production Capacity - The company is constructing factories in Chile and Peru, with the Chilean facility nearing completion and expected to begin production soon [10] - Once fully operational, the global production capacity is projected to reach 2.5 to 3 billion yuan [10] Group 7: Mining Investments - The company has invested $45 million for a 22.5% stake in the Alacran copper-gold-silver mine in Colombia, with total resource value estimated at 50 billion yuan [10] - Future investments will focus on copper and gold, aligning with the company's customer base and market outlook [11] Group 8: Growth Logic - The company's growth strategy includes: 1. Gradual production ramp-up from overseas facilities [11] 2. Launch of the innovative forged composite liner [11] 3. Strategic investments in mining, particularly in copper and gold [11]

证券代码：301045 证券简称：天禄科技 苏州天禄光科技股份有限公司 投资者关系活动记录表 编号：2026-005 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 □电话会议 □其他： （请文字说明其他活动内容） 参与单位名称 申万菱信、华宝基金、东方证券资管 时间 2026 年 1 月 20 日 地点 上海 公司接待人员 姓名 投资者关系总监：李艳茹女士 投资者关系活 动主要内容介 绍 投资者提出的问题及公司回复情况 1、TAC膜主要依赖从日本进口，请介绍目前全球主要厂 商。 目前，TFT级偏光片用TAC膜供应商主要有五家：日本的富 士胶片、日本的柯尼卡美能达、韩国的晓星化学、中国台湾的 达辉和日本的瑞翁。其中富士胶片、柯尼卡美能达、瑞翁合计 约占全球市场的 80%，由此可以看出TFT级偏光片用TAC膜是一 款基本由日本厂商垄断的产品。 2、TAC膜的市场空间及竞争格局如何，近期中日关系对项 目推进有何影响？ 根据市场机构数据，TAC膜的需求量 2025 年有望达到 12.29 亿平方米。其下游的面板环节超过 70%产能在中国大陆，偏光 ...

Group 1: Company Overview and Leadership - Shenzhen Longkun Technology Co., Ltd. is represented by Chairman Chen Jianxiang and other key personnel during investor relations activities [1][3] - The company is actively engaging with various financial institutions and analysts to discuss its business strategies and developments [2][3] Group 2: AI Application Center - The AI Smart Application Center was officially established on January 11, 2025, to enhance internal efficiency and management through AI technology [4] - The center focuses on two main areas: internal management and digital applications related to the company's core business in organic waste resource utilization and bioenergy [4] Group 3: Collaboration with Sinopec - Longkun Technology is collaborating with Sinopec to build a full industrial chain for the collection, pre-treatment, and deep processing of waste oil into biodiesel and sustainable aviation fuel (SAF) [4] - The partnership is progressing steadily, with a signing ceremony held on August 15, 2025, although specific details are under confidentiality agreements [4] Group 4: HMO Product Development - The company has completed trial production for its first phase of HMO products, with a capacity of 260 tons, which has passed inspections from multiple downstream clients [5] - HMO products include various types such as 2'-FL, 3-FL, and LNnT, with some already approved by health authorities [6] Group 5: SAF Policy and Market - Thailand has implemented a mandatory blending policy for sustainable aviation fuel, requiring a 1% mix starting January 1, 2026, to support carbon neutrality goals [6] - In China, the target for SAF consumption is set at 20,000 tons for 2025, with a cumulative goal of 50,000 tons during the 14th Five-Year Plan period [6][7] Group 6: Project Progress - The Beijing Tongzhou project is on track for completion and trial operation in the second half of 2026 [7]

Financial Performance - In the first three quarters of 2025, the company achieved a revenue of CNY 6.593 billion, representing a year-on-year growth of approximately 31.47% [3] - The net profit attributable to shareholders reached CNY 412 million, with a year-on-year increase of about 138.93% [3] - The forecast for 2025 indicates expected revenue between CNY 9.3 billion and CNY 10.3 billion, with net profit projected between CNY 500 million and CNY 550 million [4] Business Growth Drivers - The significant growth in 2025 is attributed to the orderly execution of the business plan, increased sales revenue, and improved capacity utilization [4] - The company is focusing on technological research and innovation, enhancing production automation, and implementing refined management to reduce costs and improve efficiency [5] Market Trends and Risks - The demand for lithium batteries is expected to grow explosively, which is anticipated to sustain the company's growth trajectory in 2025 [4] - The recent rise in aluminum prices may impact profitability; the company plans to negotiate price mechanisms with clients and enhance procurement strategies to mitigate short-term fluctuations [5] New Business Ventures - The company is entering the humanoid robot components sector, leveraging its expertise in precision manufacturing to develop necessary components [8][9] - An investment of CNY 1 billion is planned for the humanoid robot precision module and component manufacturing project, with an expected production capacity of 210,000 linear modules and 640,000 micro ball screws annually [14] Production and Development Updates - The company has initiated the construction of a factory in Serbia, which began operations in November 2025, focusing on drive motor core stamping [12] - The company is also planning to expand its operations to Mexico and other overseas regions based on new business developments and client requirements [12] Product Innovation - The company has made significant advancements in the iteration of robotic hardware products, achieving a weight reduction of 22.5% and a temperature decrease of 13% in the latest generation of actuators [11] - New components such as micro rolling screws and gear systems are being developed to provide customized solutions for clients in the robotic sector [11] Investment Risks - The humanoid robot industry is still in its early stages, and while the company is optimistic about long-term growth, there are significant uncertainties associated with industry development and business expansion [15][16]

Group 1: Company Overview and AI Medical Layout - Guangzhou Wanfu Biological Technology Co., Ltd. has been investing in AI medical since 2018, aiming to become a leading enterprise in the domestic AI medical field through a "merger + hospital end + consumer end" strategy [2][4] - The company’s investment in Saiweisen Medical Technology led to the first domestic Class III medical device registration for cervical cancer cell digital pathology software in February 2025 [2][3] - Wanfu has developed the "Wanfu Smart Inspection" AI platform for hospitals, which has been implemented in various medical scenarios [3][4] Group 2: Investment and Collaboration - The company collaborates with Saiweisen, Shengqiang, and Yizhun Intelligent to enhance diagnostic capabilities through software and hardware integration [4][5] - The partnership aims to leverage each company's strengths in imaging, pathology, and laboratory testing to capture opportunities in AI applications [4][5] Group 3: Product Development and Market Position - Saiweisen has received the first Class III certification for AI-assisted diagnosis in gynecology, with ongoing clinical trials for non-gynecological applications [5][6] - Shengqiang Technology has developed a comprehensive digital pathology solution, covering approximately 2,000 hospitals domestically and 12 overseas regions [7][8] - Yizhun Intelligent holds 15 Class II and 6 Class III certifications, with a focus on ultrasound AI technology, which is more complex than radiology AI [9][10] Group 4: Market Trends and Future Outlook - The introduction of new policies is expected to significantly increase the volume of digital slices in the pathology market, creating substantial market capacity [8][9] - The AI medical sector is projected to grow rapidly, with a focus on enhancing brand influence and operational efficiency through innovative AI applications [10][11] - The company anticipates a recovery in domestic business in 2026, supported by overseas growth driven by various platforms [12][13]

宁波卡倍亿电气技术股份有限公司 投资者关系活动记录表 证券代码： 300863 证券简称：卡倍亿 6.请介绍一下公司与矩阵超智的合作？ 答：投资者您好！公司墨西哥生产基地已进入产能爬坡阶段，目 前正按计划推进生产经营工作，经营状况良好。公司也曾于 2025 年 3 月 28 日发布公告，公司的墨西哥子公司收到了某国际知名 汽车线束公司的采购定点通知。公司的墨西哥子公司作为该客户 的合格供应商，将为该客户的墨西哥工厂提供汽车用线缆产品, 定点项目具体情况:供货产品为汽车用线缆产品，供货周期为 2025 年至 2027 年，合计供货数量约 164 万公里，预计销售总额 折合人民币约 10 亿元。此外，墨西哥子公司也在与安波福、矢 崎等传统大客户洽谈合作，相关业务进展顺利。 答：投资者您好！公司与上海矩阵超智系统集成有限公司（简称 "矩阵超智"）已正式签署战略合作协议，双方将围绕技术创新、 供应链协同与产业共建等方面展开深度合作，共同推进人形机器 人业务的快速发展。根据战略合作协议，双方将建立长期、稳定 的战略合作伙伴关系。卡倍亿的目标是成为矩阵超智在机器人线 | 缆等领域的重要供应商。双方将通过技术协同、联合开发 ...

Group 1: International Market Performance - The company's overseas revenue growth is attributed to both the expansion of existing international clients (e.g., Budweiser, Carlsberg) and the successful acquisition of new regional customers [2] - Export markets include Southeast Asia, Central and South America, Japan, South Korea, and Africa, with a focus on both existing and new clients [2] - The competitive advantages in East Asia and Southeast Asia are product quality stability, short transportation distances, and quick response to customer needs [2] Group 2: Core Customer Retention - The key advantages for long-term binding with core customers include comprehensive supply chain reliability, production scale, and product quality stability [2] - The company has five production bases across major regions in China, ensuring timely responses to key customer demands [2] - Over 30 years of production experience supports the stability of product taste and quality, which is crucial for maintaining customer trust [2] Group 3: Profit Margin Outlook - The management anticipates improvements in gross margin through enhanced procurement coordination and cost control measures [3] - Gross margin fluctuations are influenced by changes in raw material prices and product pricing, which affect overall revenue [3] - The company aims to solidify its development foundation through product structure upgrades and cost-saving initiatives [3] Group 4: Growth Strategy and Mergers - The company is focused on becoming a world-class malt supplier, with plans for both organic growth and potential mergers or acquisitions [3] - Recent projects have increased production capacity by 27%, with ongoing efforts to optimize capacity based on customer needs [3] - The company seeks to leverage industry opportunities to identify new profit growth points and enhance its business model [3] Group 5: Dividend Policy - The dividend payout ratio is set to increase significantly to over 50% in 2024, indicating a commitment to shareholder returns [3] - Cash dividends distributed in 2022, 2023, and projected for 2024 are 30.39 million, 52.68 million, and 151 million respectively, reflecting a steady increase in payout ratios [3] - The company emphasizes a stable profit distribution policy while balancing capital expenditures and strategic reserves [3]

证券代码：300004 证券简称：南风股份 南方风机股份有限公司投资者关系活动记录表 编号：20260119 | | 特定对象调研 □分析师会议 ☑ | | --- | --- | | 投资者关系活动 | □媒体采访 □业绩说明会 | | 类别 | □新闻发布会 □路演活动 | | | 现场参观 ☑ | | | □其他 | | | 华泰证券 田莫充 春晖基金 冯伟贤、黄梓俊 | | | 天风证券 任 康 宝新投资 乐梦琦、舒 玙 | | | 招商证券 朱艺晴 宏惟创世 张玮、谢廷兰 | | 参与单位名称及 | 甬兴证券 凌展翔 中盛晨嘉基金 王方略 | | 人员姓名 | 国联民生 周晓萌 申万研究所 傅浩玮 | | | 南方基金 于泽群 财沣投资 吕 喆 | | | 坤酉基金 冷 波 和君资本 王明贵 | | 时间 | 年 月 日 2026 01 19 | | 地点 | 南方风机股份有限公司 | | 上市公司接待人 | 董事会秘书：王娜女士 | | 员姓名 | 南方增材总经理：卢迪先生 | | | 董事会秘书王娜女士简要介绍了公司的基本情况和业务特 | | | 点，以及公司近期的经营情况。 | | | 投资者 ...

Group 1: Investor Relations Activities - The company conducted multiple investor relations activities from January 5 to January 16, 2026, including phone conferences, on-site research, and strategy meetings with various investment firms [2][3][4][5][6][8] - A total of 39 participants attended the strategy meeting on January 7, while 51 participants joined the strategy meeting on January 13 [3][4] Group 2: Product and Business Development - The company has expanded its product line from frequency converters to servo systems and electric control systems for new energy vehicles, driven by core technology and customer demand [4][5] - The company aims to provide comprehensive solutions by integrating various products, including robotics, vision products, sensors, and precision machinery, to enhance production efficiency and safety [4] Group 3: Focus on Process Industry - The company has made significant progress in the process industry, which is expected to be a key growth area, focusing on reliability and system solutions [4][5] - The company plans to launch a large PLC product for continuous production applications by 2025, addressing the trend of localization in the process industry [4] Group 4: Internationalization Strategy - The company aims to increase the proportion of its overseas business, focusing on brand building and establishing international platforms for sales, R&D, and supply chain [5][6] - The strategy includes exporting customized solutions to multinational clients based on the company's experience in the Chinese market [6] Group 5: Developments in Humanoid Robotics - The company is actively researching humanoid robotics, with plans to develop key components such as bionic arms and actuators by 2025 [7] - The focus will be on providing scene-based products and solutions tailored to customer needs in the manufacturing sector [7] Group 6: Response to Raw Material Price Increases - The company has raised prices on certain products starting January 8, 2026, due to increased production costs from rising prices of chips and raw materials [8] - Continuous product iteration and optimization are being implemented to maintain quality and reduce costs despite market pressures [8]

Group 1: Company Overview and Strategy - The company focuses on enhancing operational efficiency through AI and digital tools to manage sales costs and optimize core processes [2][3] - The company aims to strengthen its core competitive advantage by investing in products with technical barriers and market competitiveness, thereby improving pricing power and sales volume [3][4] - The traditional consumer business serves as a stable cash flow source, supporting the development of new business ventures [3][4] Group 2: Market Expansion and Product Development - The company is expanding into the robotics sector based on its self-developed nano-fluid materials, which have unique properties suitable for enhancing robot components [3][4] - Future growth drivers include leveraging online cross-border channels and deepening collaboration with industrial clients to optimize customer structure [3][4] - The company is actively exploring applications of its materials in commercial aerospace, focusing on differentiated competitive advantages in specific segments [3][4] Group 3: Investment and Acquisition Strategy - Future investments will focus on strengthening the production and sales supply chain, enhancing cross-border sales networks, and optimizing production delivery processes [4] - The strategic positioning is to become a technology-driven platform materials company, emphasizing B2B expansion while maintaining synergy with B2C operations [4]