投资者关系活动记录表 编号：2025-23 | | 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 | | 参与单位名称及 人员姓名 | 华夏基金、开源证券机构投资者代表共 2 人 | | 时间 2025 | 年 9 月 29 日下午 3:30-4:30 | | 地点 | 公司会议室 | | 上市公司接待人 | 副总经理兼董事会秘书：曾蕾 | | 员姓名 | 证券事务代表：甘荣 | | | 主要采用解答投资者提问的方式进行，主要问题回复如下： | | | 1、创新药转型的战略布局如何？ | | | 回复：公司目前全面转型聚焦创新药研发，在化药与中 | | | 药创新药领域均有布局，其中以化药创新药为核心发展方向。 | | | 在适应症上，公司重点聚焦两大领域：一是疼痛领域，主要 | | | 研发多肽药物与小分子药物；二是肿瘤领域，专注于 PDC 药 | | 投资者关系活动 | 物研发。中药创新药目前有椒七止痛凝胶贴膏已申报生产并 | | 主要内容介绍 | 受理，JIZM0 ...

投资者关系活动记录表 编号：2025008 | |  特定对象调研 |  分析师会议 | | --- | --- | --- | | 投资者关系 | □ 媒体采访 | □ 业绩说明会 | | 活动类别 | □ 新闻发布会 | □ 路演活动 | | |  现场参观 | | | |  其他（电话会议） | | | | 月 日） 美银美林（8 26 | 月 日） 民生证券（9 10 | | | 高盛证券（8 月 26 日） | 银华基金（9 月 11 日） | | | 月 日） 华福证券策略会（8 27 | 月 日） 贝莱德（9 15 | | | 大华继显（8 月 27 日） | 华泰证券（9 月 16 日） | | | 月 日） 摩根士丹利策略会（8 28 | 月 日） 信达证券（9 16 | | | 财通证券（8 月 29 日） | 工银瑞信（9 月 16 日） | | | 西部利得基金（9 月 日） 1 | 国金证券（9 月 日） 17 | | 参与单位名称 | 招商证券策略会（9 月 2 日） | 东北证券（9 月 17 日） | | 及人员姓名 | 申万宏源证券策略会（9 月 日） 3 | 新华资 ...

Group 1: Mining Operations - The Caiyuanzi Copper Mine is located in the Ganzi-Litang-Muli fault zone, an important precious metal mineralization belt in China [1] - The average copper grade at the Caiyuanzi Copper Mine is 0.48%, with a licensed production scale of 396,000 tons/year [2] - Dongsheng Mining's Bayannur Silver Polymetallic Mine has a licensed production scale of 250,000 tons/year and is expected to start production by 2026 [3] Group 2: Future Production and Capacity - The company anticipates an increase in silver production following the completion of the Bayannur Silver Polymetallic Mine [4] - Jingshan Mining's production capacity is expected to gradually increase to 480,000 tons/year, with plans to apply for further expansion based on resource availability [4] - Both Guangda Mining and Jindu Mining have a licensed production scale of 300,000 tons/year and are currently operating at full capacity [3] Group 3: Financial and Taxation Insights - The company has seen a significant increase in tax payments compared to the same period last year, as detailed in the 2025 semi-annual report [5] - Future tax payments will depend on local government policy requirements [5] Group 4: Mergers and Acquisitions Strategy - The company plans to focus on acquiring high-quality precious metal resources, targeting mines with a service life of over 15 years and necessary mining permits [2] - The company aims to avoid high-priced acquisitions and will consider market conditions to expedite production [2]

Business Overview - The company achieved a total revenue of 166,749.51 million yuan in the first half of 2025, with high-end power equipment contributing 71,240.65 million yuan (42.72%) and the new energy sector contributing 94,754.24 million yuan (56.83%) [1][2] - The new energy business is expected to grow in proportion due to the implementation of "dual carbon" policies, focusing on solar, wind, and energy storage as new growth points [2] International Business - The overseas business accounted for 21.26% of total revenue in the first half of 2025, primarily from power products like UPS and EPS [3] - The company has established an ODM cooperation model with partners and has its own overseas sales team, targeting markets in Europe, Africa, the Middle East, and Southeast Asia [3] Customer Base - Key customers for the charging pile business include major power companies and automotive manufacturers, with mobile charging robots being used to enhance charging capabilities during peak times [4] Technology and R&D - The company has invested 1.01 billion yuan in R&D in the first half of 2025, representing 6.08% of total revenue, and holds over 1,000 patents [7] - The company has developed various liquid cooling technologies, enhancing efficiency and reducing power consumption in high-density computing environments [6] Product Development - The company has launched a range of sodium battery products, including UPS power supplies and energy storage cabinets, which offer advantages over traditional lithium and lead-acid batteries [8][9] - The company is involved in the development of silicon carbide (SiC) technology, focusing on application technology rather than direct production [10] Risk Management - The company plans to apply for the removal of risk warnings by the end of 2025, having completed necessary financial corrections and audits [11] Investor Relations - The company emphasizes transparency and regular communication with investors, ensuring compliance with information disclosure regulations [12]

证券代码：000088 证券简称：盐田港 深圳市盐田港股份有限公司 投资者关系活动记录表 编号：2025-4 4.美国10月4日开始收港口靠岸费。对盐田港影响大么 答:您好，感谢您对公司的关注。公司从事的港口行业属于国 民经济基础产业，受经济发展周期性变化的影响较为明显。2025 年上半年，我国经济运行趋于稳中向好，港口货物和集装箱吞吐 量均实现增长。盐田港区作为大型深水港，依托天然深水泊位条 件和超大型船舶服务能力成为华南地区超大型船舶首选港，亦是 全球最繁忙的集装箱码头之一，在区域经济和全球外贸运输网络 中发挥着举足轻重的作用。近年来，盐田港不断完善内陆港布局， 加快组合港建设，加速拓展海铁联运网络，截至2025年上半年， 已开通20个内陆港，15个组合港、17条驳船支线，33条海铁联运 线路，服务覆盖大湾区、西南及中部地区，大幅提升港口通关效 率，降低出口企业物流成本。公司参股的盐田国际（一、二期）、 盐田国际三期和西港区码头公司凭借发达的经济腹地、先进高效 的码头经营管理和值得信赖的品牌优势，不断开拓创新，为客户 创造价值，持续提升世界级港口核心竞争力。谢谢。 5.针对经营性现金流承压，公司是否有具体 ...

Group 1: Company Impact and Market Structure - The company has taken various measures to mitigate the impact of U.S. customs sourcing issues, which still affect operations to some extent [3] - In 2024, exports to Europe and other non-U.S. regions surpassed those to the U.S., although the U.S. still holds a significant market share [3][4] - The domestic factory primarily serves European and domestic clients, while the overseas factory caters to U.S. and some European clients [5] Group 2: Product Development and Adjustments - The company plans to dynamically adjust its product structure (LVT, SPC, WPC) based on downstream customer needs and will continue to develop new products [4][6] - Non-PVC flooring products are identified as a key trend for future development, with ongoing R&D efforts, although no revenue has been generated yet [7][8] Group 3: Financial and Operational Strategies - The company will not continue to make significant asset impairment provisions for its Vietnam factory as of the 2025 mid-year report, with future provisions based on actual operating conditions [6] - The decline in PVC prices is expected to help control production costs and support stable business development [10] - Production capacity is shifting towards Southeast Asia, with significant improvements in the utilization rate of the Vietnam production base compared to the previous year [10]

投资者关系活动主要内容 介绍 今年下半年以来，储能领域订单需求快速增长，得益于公司前 瞻性的产能布局与客户开拓，公司储能有关的方形壳体、方形盖板 等产品产销量快速增加，公司对楚能新能源、中汽新能、B公司等客 户的收入增长较快。为紧密配合客户需求，公司已在孝感建设新产 能，目前该项目已顺利实现小批量投产。随着下游主要客户储能产 品产销量的不断增加，公司方形电池精密结构件业务未来预计将保 持快速增长态势。 2.未来消费，动储盈利水平的展望 圆柱电池精密结构件领域，客户需求稳步增长，公司配合客户 开发了全极耳系列产品，目前该系列产品已经实现大规模批量生产； 储能领域，公司方形盖板已经大规模批量生产，方形壳体和方形盖 板订单充足；动力领域，公司正配合客户进行产品的开发送样，部 分产品实现批量交付。随着下游客户订单需求的不断增加，公司产 能利用率不断提高，制造成本将有所降低；随着孝感等基地的投产， 产品运输成本亦将大幅度降低；同时随着公司收入规模的快速提升， 期间费用占收入的比例也将降低；预计下半年开始，公司电池精密 结构件业务包括消费、动力和储能有关产品盈利情况将不断改善。 证券代码：301210 证券简称：金杨股份 ...

| 投资者关系活动 | √特定对象调研 □分析师会议 □媒体采访 □业绩说明会 | | --- | --- | | 类别 | □新闻发布会 □路演活动 □现场参观 □电话会议 □其他 | | 参与单位名称及 | 参见附件：参会投资者清单。 | | 人员姓名 | | | 时间 | 年 月 日 2025 9 28 | | 地点 | 杭州 | | 上市公司接待人 | 投资者关系 林婷婷 | | 员姓名 | | | | 1、请问公司 12 寸碳化硅衬底材料的进展？ | | | 答：9 月 26 日，公司首条 12 英寸碳化硅衬底加工中试线在子 | | | 公司浙江晶瑞 SuperSiC 正式通线，至此，子公司浙江晶瑞 SuperSiC | | | 真正实现了从晶体生长、加工到检测环节的全线设备自主研发，100% | | | 国产化，标志着晶盛在全球 SiC 衬底技术从并跑向领跑迈进，迈入 | | | 高效智造新阶段。未来，公司将加速推进产线的量产进程，为客户 | | | 提供高质量、低成本的大尺寸碳化硅衬底，携手产业链伙伴，共同 | | 投资者关系活动 | 推动我国第三代半导体产业蓬勃发展。 | | 主要内容介绍 | ...

Group 1: Overseas Market Expansion - The company is accelerating its overseas market expansion, with a continuous increase in customer projects across different regions and types [2] - The Thai factory's strategic role has evolved from primarily serving North American clients to becoming a core production base supporting global strategies [2] - The company plans to add 5-6 new production lines in the Thai factory by 2026 to meet growing customer demand [2] Group 2: New Business Areas and Product Development - The data center business is experiencing rapid growth due to increasing AI computing power, with the market for fuses in this sector expected to have significant potential [3] - The incentive fuse product has transitioned from concept to mass application, with increasing adoption in high-end electric and hybrid vehicles due to stricter safety regulations [3] - The company is shifting from a single component supplier to a system solution provider, with a focus on integrated products that combine fuses, relays, and sensors [3] Group 3: Future Strategic Vision - The long-term vision is to become an excellent energy protection system solution provider, developing protection schemes for both high and low voltage distribution systems [3] - The company aims to provide flexible solutions that meet diverse customer needs at different development stages, enhancing its competitiveness in the market [3]

Resource Overview - The company has significant white marble resources: 0.9 billion tons at Chaohu Baomei and 5.8 billion tons at Wutai Baomei, with an additional 1.3 billion tons held by Anhui Baomei, which is not yet operational [3][4]. Magnesium Production Advantages - The company utilizes vertical furnace magnesium smelting technology, recognized in the national "14th Five-Year Plan" for its low energy consumption, high production efficiency, small footprint, low labor costs, and high automation [3][4]. Market Applications - Following the new national standards in 2024, the electric bicycle industry is rapidly adopting magnesium alloys to replace plastic components, with significant growth expected during the "15th Five-Year Plan" period [3][4]. - Major electric vehicle manufacturers are already using magnesium alloy components, leading to weight reduction, improved range, and enhanced shock absorption [3][4]. Future Plans - Over the next 3 to 5 years, the company aims to expand its scale and accelerate production across multiple bases, focusing on magnesium materials, particularly in the automotive sector [3][4]. - The company plans to increase the penetration of magnesium metal materials in various automotive components, including steering wheels and instrument panel supports [3][4]. Market Conditions - Magnesium prices have remained below aluminum prices, presenting unprecedented growth opportunities for magnesium alloy die-casting components [4]. Investor Relations Compliance - The company ensures compliance with information disclosure regulations, maintaining transparency and accuracy in communications with investors [4].