编号：2025-9 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） 参与单位名称及 人员姓名 投资者网上提问 时间 2025 年 9 月 19 日 (周五) 下午 14:00~17:00 地点 公司通过全景网"投资者关系互动平台"（https://ir.p5w.net） 采用网络远程的方式召开业绩说明会 上市公司接待人 员姓名 1、董事长谭文钊 2、总经理林登灿 3、董事会秘书郑桂华 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 公司就投资者在本次说明会中提出的问题进行了回复： 1、您是如何看待行业未来的发展？接下来贵司又有怎样的 战略规划？ 尊敬的投资者，感谢您对公司的关注。改性塑料属于工业大 米，应用范围广，未来发展前景广阔。公司除了稳固家用电器、 电线电缆等具有传统优势的领域外，还迅速调整产品结构，侧重 于附加值高的产品，紧跟时代步伐，提升新兴行业产品比重（如 游泳池清洁机器人、自动割草机、扫落叶、扫雪机器人等），后 续公司也会增加特种工程材料、医用材料及电子化学品如 p ...

宏工科技股份有限公司投资者关系活动记录表 编号：2025-004 | 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 2025 广东辖区投资者网上集体接待日活动 | | 参与单位名称 | 参加投资者网上集体接待日活动的投资者 | | 及人员姓名 | | | 时间 | 2025 年 9 月 19 日 | | 地点 | "全景路演"网站（http://rs.p5w.net） | | 上市公司接待 | 公司董事长兼总经理罗才华先生、公司财务总监兼董事会秘书 | | 人员姓名 | 何小明先生 | | | 与投资者互动交流的主要内容： | | | 1、公司今年与清研的研发是否顺利，还会有固态设备新 | | 投资者关系活 | 品推出吗？ | | 动主要内容介 | 回复：针对固态电池、干法电极工艺的特殊需求，目前公 | | 绍 | 司研发或联合研发了混合均质一体机、干法研磨机、适用于干 | | | 法电极的双螺杆挤出机、适用于固态电池的全自动吨袋拆包系 | | | 统等 ...

Company Overview - Guangdong Hongjing Optoelectronics Technology Co., Ltd. specializes in the R&D, design, production, and sales of optical lenses and camera modules since its establishment in 2012 [1] - Main products include optical lenses and camera modules for smart cars and emerging consumer markets, with applications in smart cockpits, intelligent driving, smart homes, and panoramic/sport cameras [1] Financial Performance - In the first half of 2025, the company achieved a revenue of CNY 701.14 million, representing a year-on-year growth of 55.72% [1] - Net profit attributable to shareholders was CNY 75.52 million, with a year-on-year increase of 10.22% [1] - Revenue breakdown: - Panoramic/sport camera business: 49.66% - Smart home business: 22.80% - Smart car business: 18.90% - New business: 7.55% [1] Customer Base - Established a diverse customer base in the smart car sector, supplying to brands like Chery, Changan, Xiaopeng, and SAIC through partners such as Desay SV and Hikvision [2] - In the smart home sector, the company is a key supplier for mid-to-high-end brands like Ring and Blink in the European and American markets [2] - Long-term partnership with Ying Shi Innovation in the panoramic/sport camera field [2] Collaboration with Ying Shi Innovation - Collaboration began in 2015, driven by mutual needs and market potential [3] - In 2022, the company developed a leading 48-megapixel panoramic camera lens and module, which received positive market feedback [3] Profitability Analysis - Overall gross margin for the first half of 2025 was 24.43% [4] - Gross margins by product: - Smart car optical lenses: 25.12% - Emerging consumer optical lenses: 46.06% - Emerging consumer camera modules: 15.48% [4] - Camera modules have lower gross margins due to reliance on externally sourced components [4] Future Development Outlook - The company aims to implement a "3+N" product strategy over the next 3-5 years, focusing on increasing market share in smart cars, smart homes, and panoramic/sport cameras [6] - Plans to expand into emerging fields such as AI hardware, machine vision, industrial inspection, and medical applications [6]

Group 1: Share Repurchase and Stock Performance - The company repurchased 16,267,830 shares, representing 7.25% of the total shares, but this was not included in the top 10 shareholders list due to disclosure regulations [2][3] - The company's stock has declined by 90% over the past four years, prompting concerns from investors about its performance [3] Group 2: Business Strategy and Management - The company acknowledges differences in channel and business structures compared to industry peers, which have contributed to its declining performance [2][3] - Management is committed to improving operational efficiency and internal value to enhance overall performance and shareholder returns [3] Group 3: Real Estate Development - The company has obtained a pre-sale permit for its Guangzhou headquarters project, which is expected to be completed by next year [4] - The project will retain at least 70% of the total building area for self-use, with the remaining 30% available for sale, aimed at optimizing asset structure and increasing cash flow [4] Group 4: Market Conditions and Policy Impact - The company is closely monitoring home furnishing consumption policies and will actively engage in promotional and recruitment activities to mitigate potential impacts from the suspension of national subsidies [5]

Group 1: Financial Performance and Challenges - The company has faced continuous losses, with significant amounts leading to concerns about potential delisting and the possibility of being acquired by more capable institutions [2][3] - In 2025, the company anticipates a recovery in performance, but specific details will be disclosed in future reports [2] - The company reported a 37% year-on-year increase in new orders in the first half of 2025, benefiting from the release of equipment demand under the "14th Five-Year Plan" [3][11] Group 2: Asset Management and Impairment - The company has recognized substantial asset impairments, particularly in the shipbuilding and electronics sectors, with a total goodwill impairment of 1.64 billion yuan from 2021 to 2024 [2][3] - Adjustments to the expected credit loss rate for receivables have been made, increasing the provision for bad debts by 41 million yuan in 2024 [3] Group 3: Strategic Initiatives and Market Position - The company is focusing on improving operational efficiency by leveraging its core military electronics business and optimizing idle ship assets to reduce debt [5][9] - The company has a long history in the microwave circuit and component field, with a competitive edge in flexibility, low costs, and service responsiveness compared to state-owned enterprises [9][10] Group 4: Product Development and Market Expansion - The company has been actively involved in the development of satellite communication products, with applications in various space missions, and has emphasized the importance of domestic production capabilities since the U.S.-China trade tensions began [3][12] - The company is expanding its product offerings in the satellite internet sector, with ongoing projects related to the GW satellite constellation [10][11] Group 5: Corporate Governance and Investor Relations - The company is currently under scrutiny due to the detention of its chairman, which has raised concerns among investors about potential impacts on operations [3][9] - The company has committed to transparency and will disclose any significant developments regarding the chairman's situation and its implications for the business [9][10]

Group 1: Company Overview - The company is West Long Science Co., Ltd., with stock code 002584 [1] - The company specializes in the research, production, and sales of chemical reagents, raw materials, and food additives [2] Group 2: Strategic Layout - The company has established a strategic layout in the semiconductor new materials industry, including wet electronic chemical blending workshops and high-purity reagent production lines [2] - The company offers customized chemical services and has a clean packaging area [2] Group 3: Product Applications - Phosphate lithium cathode materials produced by the company can be used in both power batteries and energy storage batteries [3] - Silver powder produced by the company is applicable in the photovoltaic field [4] - The company's electronic chemicals include general electronic chemicals and functional wet electronic chemicals for PCB applications [5] Group 4: Financial Performance - For the first half of 2025, the revenue from lithium battery cathode materials reached approximately ¥134.61 million, a significant increase compared to the previous year [5] - The company reported an estimated performance compensation amount of ¥115.03 million related to the transfer of subsidiary equity [6] - The company has accounted for a provision of approximately ¥70 million for performance compensation, which will not adversely affect future operational performance [6]

市场投放，公司现有产能具备液冷硅油批量生产的条件。公司将持续关注 行业技术趋势与客户验证反馈，稳步推进研发成果的转化进程。谢谢！ 2、问：邹董事长您好：在今年建筑行业不景气的情况下，是否能保 住稳定营收？请问安庆的公司是否建设完毕，投产情况如何，公司生产的 船舶用涂料是否能用在船底的部位？公司生产的新能源胶和电池用胶是 否会成为公司的增长点。公司和宁德时代合作的进展到什么程度了？ 证券代码：002909 证券简称：集泰股份 广州集泰化工股份有限公司 投资者关系活动记录表 | 编号：2025-06 | | --- | | | □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 | □新闻发布会 □路演活动 | | 活动类别 | □现场参观 | | | ■其他（2025 年广东辖区投资者集体接待日暨辖区上市公司中报业绩说明 | | | 会） | | 活动参与单位 | 本次活动为广东证监局、广东上市公司协会联合举办的"向新提质价值领 | | 及人员 | 航——2025 年广东辖区投资者集体接待日暨辖区上市公司中报业绩说明 | | | 会"，面向全体投资 ...

Group 1: Robotics Development - The company is expanding its home automation applications through a strategic path of "2D perception, 3D movement, and 3D interaction," focusing on a technology stack and product system for robotics [4] - Current robotics efforts include stable commercialization in 2D robots (e.g., vacuum and lawn mowers) while initiating research and product planning for 3D mobile robots (e.g., robotic dogs, drones) [5] - The development of humanoid robots is underway, with foundational technology and systematic platforms being established [5] Group 2: Revenue and Market Strategy - The majority of the company's revenue comes from online platforms, with ongoing efforts to enhance offline presence through direct retail stores [6] - The first Anker Store & Cafe has been established, showcasing over 400 products and enhancing user engagement and brand recognition [6] - The company is planning a Hong Kong stock listing to expand its global strategy and brand influence [7] Group 3: Supply Chain and Trade Strategy - The company is optimizing its global supply chain to mitigate impacts from trade tariffs, including adjustments in Southeast Asia [8] - A diversified market strategy is being implemented to respond to external environmental changes [8] Group 4: Product Launch and Performance - The UV Printer E1 has achieved significant crowdfunding success, raising over $46 million on Kickstarter, indicating strong market potential [8] - The company reported a 30% revenue growth in Q2, with a 15.5% increase in net profit, attributed to regular business impacts [9]

Group 1: Company Performance and Projects - The company is actively seeking new development projects in line with national energy policies, focusing on "electricity, heat, hydrogen, and storage" sectors [1] - Recent projects include the East District Gas Power and Shantou Photovoltaic projects, with ongoing developments in Knowledge City Gas Power and other energy-related projects [1] - The company has invested in modern hydrogen technology, holding a 45% stake in a joint venture with a registered capital of CNY 13 million [2] Group 2: Share Buyback and Stock Performance - The company approved a share buyback plan on December 18, 2024, with a budget of CNY 50 million to CNY 100 million, aiming to maintain company value and shareholder rights [2][4] - As of March 17, 2025, the company repurchased 9,597,000 shares, representing 0.92% of total shares, at prices ranging from CNY 5.74 to CNY 6.49 per share, totaling CNY 59,766,205 [2][4] - The company's stock price has fallen below net asset value, prompting discussions on further buybacks or potential increases in shareholding by major shareholders [4] Group 3: Corporate Governance and Investor Relations - The company has established a risk control and compliance committee to enhance operational standards and reduce business risks [3] - Continuous efforts are being made to improve communication with investors and the market, aiming to enhance understanding and recognition of the company's value [3] - The company has maintained a consistent cash dividend policy for 13 years, emphasizing commitment to shareholder returns [3]

Group 1: Company Overview and Activities - Guanghong Technology has been engaged in EMS electronic manufacturing services for over 30 years, accumulating rich technical experience and holding 95 patents and 21 software copyrights [3] - The company participated in the "2025 Guangdong Listed Companies Investor Relations Management Month" event on September 19, 2025, via the Panoramic Network [2] - The company has 13 manufacturing bases across 7 countries on 4 continents, with significant production capabilities in India and Vietnam [4] Group 2: Production Capacity and Expansion - The Shenzhen Pingshan Intelligent Manufacturing Park is a key new manufacturing base, currently in trial operation with plans for further production line integration [3] - The Indian base employs over 10,000 staff with a monthly capacity of 3 million smartphones or similar products, while the Vietnam base produces over 3 million electronic products monthly [5] - The company is actively expanding its manufacturing capacity in response to international customer demand, including acquiring additional land in Vietnam [5] Group 3: Financial and Investment Insights - The company’s application for a private placement of shares was formally accepted by the Shenzhen Stock Exchange on August 13, 2025, which is crucial for future funding [4] - R&D investment for 2024 is projected at 138 million yuan, with an annual growth rate of nearly 10% in R&D spending over the past few years [5] Group 4: Market Position and Future Prospects - The company is exploring opportunities to collaborate with leading brands, including Apple, and is focused on enhancing its global manufacturing network [4] - The EMS industry is expected to grow significantly, with the company aiming to leverage its differentiated advantages to capture market share [4] - The company is positioned to respond to the increasing demand for AI server hardware manufacturing, which is anticipated to grow due to market trends [4]