Group 1: Business Model and Revenue Generation - The "Dianhong" IoT operating system is the first domestic power IoT operating system developed based on the national open-source system, primarily generating revenue through the sale of "Dianhong" core modules and providing customized technical services for industry-specific components [2] - The company aims to continuously build the "Dianhong" ecosystem by expanding its market share in smart hardware and software systems within the power grid sector [2] Group 2: Investment and Project Significance - The total investment for the "Spatiotemporal Intelligent Digital Twin Platform Construction Project" is 339.5493 million yuan, focusing on digital grid twin main platform system construction and foundational computing power [3] - This project aims to enhance decision-making efficiency and management levels in the energy sector by addressing traditional data integration and dynamic simulation challenges [3] Group 3: Digital Infrastructure and Client Base - The company's digital infrastructure business is widely applicable, providing customized digital transformation technology bases for large state-owned enterprises [3] - The company plans to strengthen digital infrastructure construction and optimize cloud services, including the establishment of a "3+1+X" cloud data center and enterprise-level data lakes [3] Group 4: Order Status and Future Expansion - As of June 30, 2025, the total orders on hand amount to 8.037 billion yuan, with non-related customer orders at 810 million yuan [3] - The company intends to gradually expand its business into the State Grid region and overseas, leveraging its accumulated technology and experience in the digital transformation of the power industry [3]

Group 1: Aluminum Processing Business - The company has established an integrated industrial chain for aluminum plates and foils, with a total aluminum foil production capacity planned at 255,000 tons [2] - The current aluminum foil production capacity includes 83,000 tons from Jiangsu Zhongji (mainly for packaging) and 72,000 tons from Anhui Zhongji (for battery aluminum foil), with an additional 100,000 tons project under construction [2] - In the first three quarters of 2025, aluminum processing sales reached 128,000 tons, a year-on-year increase of 4%, with Jiangsu Zhongji and Anhui Zhongji contributing 51,000 tons and 28,000 tons respectively [2] Group 2: High-Value Aluminum Foil Products - The company is focusing on innovation and process improvement in aluminum foil products, enhancing production efficiency and yield [3] - High elongation battery aluminum foil has been supplied in bulk, while high-dain battery aluminum foil is in small batch supply, both enhancing the development potential of the aluminum processing business [3] - High elongation battery aluminum foil improves yield during processing and meets customer demands for higher density and lower breakage rates [3] Group 3: Functional Film Business - The functional film business includes high barrier films, smart conductive films, car wrap films, and energy-saving films, with sales declining due to market price competition but improved gross margins [4] - The company is focusing on high-potential functional film products, particularly high barrier films for recyclable packaging and conductive films for automotive applications [5] Group 4: Paper Packaging Materials Business - The paper packaging materials segment primarily produces special paper products for packaging in industries such as tobacco and alcohol, with high-value transfer paper sales increasing in the first three quarters [6]

投资者关系活动记录表 编号：2026-001 证券代码：301295 证券简称：美硕科技 浙江美硕电气科技股份有限公司 | | 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 | 财通证券 李渤 | | | 时间 | 2026年1月06日 13:30-14:30 | | | 地点 | 浙江美硕电气科技股份有限公司 | | | 上市公司接待人员姓名 | 董事会秘书、副总经理 章理远 | | | | 1.请简单介绍一下公司。 | | | | 浙江美硕电气科技股份有限公司成立于2007年2月，2023年6月 | | | | 于深圳证券交易所创业板上市。公司主营业务为继电器类控制件及 | | | | 其衍生执行件流体电磁阀类产品的研发、生产及销售。产品主要包 | | | | 括通用继电器、汽车继电器、磁保持继电器、新能源继电器、通讯 | | | | 继电器及流体电磁阀 ...

Group 1: Company Strategy and Development - The core of the company's future development strategy is driven by technological innovation, aiming to solidify and expand its wind power business while actively exploring high-tech application fields [2] - The company plans to increase R&D investment and deepen cooperation with universities to promote breakthroughs in advanced new materials technology [2] - The company aims to become an internationally recognized provider of composite material application services, diversifying its core technologies into strategic emerging fields such as non-metal molds, aerospace, drones, and military applications [2][3] Group 2: Production Bases and Logistics - The company's main production bases are located in Changzhou and Ulanqab, with a national production network covering key regions including Jiangsu, Hebei, Inner Mongolia, Hunan, Gansu, Guangxi, and Heilongjiang [4] - The layout of production bases is designed to efficiently respond to customer order demands, thereby building competitive advantages by reducing transportation costs and shortening supply cycles [4] Group 3: Mergers and Acquisitions - The company adheres to a prudent and focused principle in its merger and acquisition plans, aiming to deepen technology related to its main business and expand into identified emerging markets [5] - Future acquisitions will strictly serve the overall strategy of the company, aiming to strengthen core technological capabilities and accelerate entry into new fields [5] Group 4: Client Base and Market Expansion - The company has established strong business relationships with major domestic wind turbine manufacturers, including Envision Energy, CRRC, Yunda Co., Mingyang Smart Energy, SANY Heavy Energy, and Dongfang Electric [6] - Currently, the company's business is primarily focused on the domestic market, with indirect entry into overseas markets through supply chains of companies like Siemens Gamesa and Nordex [6] - The company plans to monitor global wind power market developments and will cautiously promote overseas market expansion when appropriate [6]

Group 1: Cost and Quality Improvement - The main goal of the spandex transformation is to improve quality rather than just reduce costs. The previous production facility in Yantai had lower capacity but unique products, while the new facility in Ningxia faced quality fluctuations. The company aims to complete improvements by mid-2026, which will enhance quality and efficiency, ultimately reducing losses [2][3]. - Current production costs are high due to low operational rates and quality issues. As quality improves, costs are expected to decrease, and there is potential for price increases based on market reputation [3][4]. Group 2: Market Dynamics and Demand - Spandex demand has historically grown at an average rate of around 10% per year, but fluctuations can occur based on market conditions. The company does not foresee any explosive growth in 2025 [3][4]. - Exports of spandex account for less than 10% of total production, primarily to neighboring countries. The company aims to increase exports but faces challenges due to local industry protection and tariffs [4]. Group 3: Product Segmentation and Pricing - The company has a significant market share in domestic aramid fibers, with approximately 60-70% for meta-aramid and 50-60% for para-aramid. However, pricing pressures are evident, and the market is competitive [4][5]. - The demand for aramid paper is expected to grow, driven by sectors like power grid upgrades and commercial aviation, with potential for double-digit growth primarily in volume rather than price [5][6]. Group 4: Future Strategies and Innovations - The company is exploring new business solutions, including safety products and digital printing technologies, aiming to create a closed-loop supply chain with clothing brands [6]. - Long-term goals include increasing international market share, particularly in the aramid sector, with aspirations to become a global leader. There may be plans for overseas production facilities in the future [6].

Group 1: Company Overview and Investor Engagement - The investor relations activity involved a specific audience survey and on-site visit at Hefei BOE Technology Co., Ltd. on January 5, 2026 [1][2] - Participants included representatives from various financial institutions such as Tianfeng Securities and China Life Insurance [1][2] Group 2: Advantages of Perovskite Technology - Perovskite solar cells are recognized for their high efficiency, lightweight, and flexibility, making them suitable for a wide range of applications [2][3] - The company has achieved a record time of 38 days to complete the pilot line, showcasing its manufacturing capabilities [2] Group 3: Comparison with Traditional Silicon Technology - Perovskite technology offers lower theoretical costs and simplified processes compared to traditional silicon solar cells, with lower preparation temperatures [3] - The flexibility and impact resistance of perovskite cells enhance reliability during transport and application [3] Group 4: Application Scenarios - The company has established the world's first BIPV (Building-Integrated Photovoltaics) project using perovskite technology, receiving national recognition [4] - Collaborations with leading consumer electronics companies are underway to develop innovative products like photovoltaic price tags and autonomous vehicles [4] Group 5: Project Progress and Efficiency - The company is developing rigid, flexible, and stacked component technologies, achieving industry-leading efficiency levels [5][6] - Rigid components have reached a steady-state efficiency of 27.37%, while flexible components have achieved efficiencies of 21.39% and 16.6% [5][6] Group 6: Focus Areas and Future Plans - The company is concentrating on improving the efficiency and lifespan of perovskite products, addressing challenges in industrialization [7] - Plans include building demonstration power stations and developing solutions that meet ISOS and IEC standards [7] Group 7: Unique Advantages of Pilot and Experimental Lines - The company leverages its expertise in glass-based thin-film processing and packaging technology to establish a fully automated flexible perovskite production line [8] - This flexible production model allows for adjustments and expansions in the early stages of the industry [8] Group 8: Future Business Strategy - The company aims to increase R&D investment to enhance the conversion efficiency, stability, and lifespan of perovskite components [9][10] - There is a commitment to accelerate the industrialization process and reduce costs while fostering an open innovation ecosystem with global partners [10]

Group 1: Company Overview - Qide New Materials Co., Ltd. specializes in environmentally friendly, high-performance polymer modified plastics and products, focusing on sectors like new energy vehicles and high-end home appliances [2][4] - The company operates production bases in Guangdong, China, and Thailand, supporting global delivery capabilities [2][4] Group 2: Financing and Projects - The company plans to raise up to CNY 275 million through a targeted stock issuance, primarily for two projects: 1. Construction of a composite materials production line in Thailand to enhance market share and production capacity [4] 2. Expansion of carbon fiber product production to 45,000 sets annually, responding to market demand and strengthening core technology [5] Group 3: Competitive Advantages - Qide's carbon fiber products cater to the lightweight and high-end applications in the new energy vehicle sector, offering a one-stop service from design to mass production [6][7] - The company has established unique advantages in carbon fiber technology and production efficiency, addressing industry challenges such as high costs [7] Group 4: Market Situation and Future Strategy - The company is experiencing steady growth, with production capacity in Thailand ramping up and expected significant year-on-year growth [9][10] - Key projects are progressing well, with successful collaborations with major clients in various sectors, including automotive and robotics [10] - Future strategies focus on high-quality development through: 1. Deepening expertise in high-performance polymer modified plastics and carbon fiber products [10] 2. Expanding market penetration in the new energy vehicle sector and emerging fields like flying cars and robotics [10] 3. Enhancing international market presence to become a leading global provider of new material solutions [10]

Q5：细胞基因治疗业务今年的情况如何？是否有海外客户？ A5：2025 年，博腾生物整体业务开展符合预期，在多个业务领 域均实现突破，包括获得商业化工艺变更阶段的 CMC 项目、完 成首个 in vivo CAR 慢病毒项目工艺开发及三批 GMP 批次生 产，签署多个慢病毒/mRNA-tLNP 的 in vivo CAR-T 管线项目。 博腾生物已经在美国、欧洲、韩国等海外市场取得突破。 Q6：如何看待 in vivo CAR-T？ A6：In vivo CAR-T 为未来 CGT 商业化现货型产品打开了一种 思路和可能，但是目前仍在早期阶段，在技术成熟度、安全性 等方面仍需要验证。 证券代码：300363 证券简称：博腾股份 博腾股份投资者关系活动记录表 编号：00120260105 | | ■特定对象调研 □分析师会议 | | --- | --- | | 投资者关系活动类 | □媒体采访 □业绩说明会 | | 别 | □新闻发布会 □路演活动 | | | □现场参观 □电话通讯 | | | □其他 | | 参与单位名称及人 | 长江证券：万梦蝶、刘长洪；长江证券自营：彭仲杄；兴银基 | | 员姓名 | 金 ...

Group 1: New Energy Business - The company primarily focuses on the sales of LiFSI and electrolyte products, while also improving the lithium hexafluorophosphate project through systematic process development [1] - In 2025, the company's new energy business revenue is expected to achieve a breakthrough, with continuous expansion of product varieties and market opportunities [1] - The revenue and profit performance of the new energy business is anticipated to further improve [1] Group 2: Strategic Entry into New Energy Sector - The company has been engaged in the chemical field since its establishment, with a focus on chemical synthesis, which includes new energy-related chemicals [1] - The new energy sector is viewed as a sufficiently broad and long-term opportunity, allowing the company to hedge operational risks associated with its primary CDMO business for overseas clients [1] Group 3: Overseas Operations - The UK base has maintained stable production and operational conditions this year, while the Malaysian base is under phased construction, primarily focusing on producing CDMO products for plant protection [3] - The company aims to provide a full supply chain service from China, the UK, and Malaysia, leveraging competitive resources and flexible production policies [3] Group 4: Pharmaceutical Business - The pharmaceutical business adopts a major client strategy, primarily through the CDMO model, and has established stable commercial relationships with several leading global pharmaceutical companies [4] - The company plans to expand its mature business areas, including small molecule CDMO and GMP intermediates, while also investing in emerging business developments such as peptide CDMO and radioactive drug CDMO [4] Group 5: Impact of Patent Expiry - Some plant protection clients are facing patent expirations, but the overall impact on the company is expected to be limited [5] - The company can continue to upgrade products and technologies with relatively low capital expenditure compared to new capacity investments, allowing it to maintain stable revenue despite natural declines from patent expirations [6]

Group 1: Company Strategy and Market Position - The company is expanding production through refinancing to meet the growing energy demands of the AI era, focusing on steel shell laminated and energy storage battery projects [1] - The steel shell laminated project targets the high-end AI wearable market, while the energy storage battery project addresses the needs of AIDC, residential storage, and commercial storage [2] - The company’s existing production capacity is fully utilized, necessitating further expansion to meet future market demands [2] Group 2: AI Business and Revenue Contribution - The AI-related business currently contributes significantly to revenue, with AI PCs being the main contributor due to high market penetration [2] - The company anticipates a structural change in growth momentum, with emerging AI projects like AI glasses batteries and various robotics power solutions expected to drive future revenue growth [3] - The company aims to enhance the overall revenue share from AI-related solutions in the coming years, optimizing its profit model and potentially reshaping its valuation structure [3] Group 3: Market Outlook and Product Development - The global AIDC energy storage market is projected to grow explosively, with lithium battery shipments expected to reach 15 GWh by 2025 and 69 GWh by 2027, ultimately exceeding 300 GWh by 2030 [4] - The company is actively developing high-rate battery products for the AIDC market, focusing on reliability and performance to meet high-demand applications [4] - The company is optimistic about the long-term prospects of the AIDC storage market and is strategically positioning itself through technology development and customer engagement [4] Group 4: Future Market Trends and Challenges - The energy storage market is expected to thrive in 2026, driven by AI infrastructure, global energy transition, and grid upgrades [5] - The company plans to focus on high-end sectors such as residential and commercial storage, leveraging its experience in consumer electronics to ensure safety and quality [5] - The company is addressing raw material price fluctuations through price adjustments and optimizing product structure towards high-value offerings [6]