Sichuan Changhong 2022 and First Quarter 2023 Performance Presentation Meeting

Start Time: 2023-06-02 06:00:00

End Time: 2023-06-02 07:00:00

Statement: distinguished guests ,Dear investors,Dear netizens,Hello everyone! Welcome to Sichuan Changhong 's 2022 and 2023 Q1 Performance Presentation Conference. This event is hosted by Sichuan Changhong Electric Appliances Co., Ltd,Shanghai Stock Exchange Information Network Co., Ltd. provides network platform support,Thank you for your attention and participation. April 26th,Sichuan Changhong Electric Appliances Co., Ltd. published the 2022 Annual Report and 2023 First Quarter Report ,Investors can log in to the website of the Shanghai Stock Exchange( http://www.sse.com.cn/ )Or this platform( https:'roadshow.sseinfo.com/ ),View relevant announcements. To facilitate investors to have a more comprehensive and in-depth understanding of the company"s operating results for 2022 and the first quarter of 2023,Financial condition,The company has decided to hold a performance briefing for Sichuan Changhong in 2022 and the first quarter of 2023. In today"s event,Main members of the management team of Sichuan Changhong visit the Shanghai Certification Roadshow Center,We will communicate with investors. Welcome everyone to actively participate.

Question: Zhao Dong,Hello! According to Tianyancha and media reports,Hongxin Software, a subsidiary of the company, has successively won the bid for China Mobile in recent years,China Telecom,Tiangong Server Project of Bank of China and Other Institutions,But the company never reported on it. Can you introduce the development of the subsidiary Hongxin Software Tiangong Server business to the majority of investors? Thank you!

Answer: Dear Investors,Hello! This matter belongs to daily business matters,Business is in normal operation,Currently, it accounts for a small proportion of the company's overall revenue,Investors are kindly advised to pay attention to the relevant risks. Thank you for your attention!

Question: Zhao Dong,Hello! new energy,semiconductor,Computational Storage,Intelligent manufacturing and other directions are emerging industries that Changhong Group focuses on developing,As one of the main listed companies of Changhong Group,Sichuan Changhong's Development in Emerging Industries of the Group,What will be done? Thank you!

Answer: Dear Investors,Hello! The company's power supply in rail transit,Layout of emerging industries such as aviation power supply,Thank you for your attention!

Question: Zhao Dong,Hello! Has the company never released orders or business progress for energy storage projects? Can you introduce it? in addition,Can you introduce the situation of the largest independent energy storage power station project in China signed between its subsidiary Changhong Power and Aksu? Thank you!

Answer: Dear Investors,Hello! The above business is being carried out normally,Currently, it accounts for a small proportion of the company's overall revenue,Investors are kindly advised to pay attention to the relevant risks. Thank you for your attention!

Question: Zhao Dong,Hello,May I ask if the company has participated in the establishment and construction of the BG department of Changhong Computing Industry,Can you introduce the relationship between Changhong Computing Industry BG and listed companies? Thank you!

Answer: Dear Investors,Hello! According to the needs of the company's business development,Cooperate with Sichuan Changhong Electronic Holding Group Co., Ltd. based on the principle of marketization. Thank you for your attention!

Question: Hello, senior executives of your company,Can you introduce the technical advantages of the zinc bromide flow battery products that Changhong Power Company is vigorously developing,What are the main applications in?

Answer: Dear Investors,Hello! Zinc bromide flow battery has high energy density,Long service life,Low cost,Features such as high security and environmental friendliness,in addition,Flexible Design of Zinc Bromine Flow Battery,The battery capacity can be increased by increasing the volume of the storage tank (increasing the amount of electrolyte),Increase power by increasing the stack. Thank you for your attention!

Question: Director Zhang,Hello,Can you provide a specific reason for the profit growth in 2022?

Answer: Dear Investors,Hello! The company achieved a revenue of 92.482 billion yuan in 2022,7.18% year-on-year decrease,Among them, the net profit attributable to shareholders of the listed company is 468 million yuan,A year-on-year increase of 64.39%. The company adheres to innovation leading to promote the transformation and upgrading of mature industries,Drive business to continue to steadily improve. In terms of consumer electronics business,The company resolutely improves operational efficiency,Promote continuous transformation of marketing,Create competitive advantages of product differentiation,Promoting business quality and efficiency to a new level,Continuously exerting the role of ballast stone ,Further enhance overall operational and risk resistance capabilities; In terms of component business,The company continues to increase research and development investment,Transforming towards high-value products and services,Complementary Short Strong Chain,Actively exploring new tracks,Further enhance global market competitiveness; ICT comprehensive service business,The company follows the trend of rapid development in digital and intelligent development,Continuously and steadily optimizing the business growth structure; In terms of special power supply business,The company is increasing the use of special and civilian lithium batteries,Investment in research and development of new energy products such as power systems,And the technological development and market expansion efforts of supporting products for rail transit trains,To achieve sustained growth in industrial scale. Thank you for your attention!

Question: Zhao Dong,Hello,Tianyancha display,Changhong Zhan Investment Master Fund Holdings Sichuan Avionics Microenergy,Is it true? Can you introduce Sichuan Avionics Micro Energy Company if it is true? in addition,Can you provide an update on the progress of the operation of the Zhan Investment Master Fund? Thank you!

Answer: Dear Investors,Hello! The company is the limited partner of Changhong Group Sichuan Shenwan Hongyuan Strategic New Industrial Master Fund Partnership (limited partnership). The company fulfills decision-making and disclosure procedures in accordance with relevant rules. Please refer to the investment related content in the company's regular reports for the company's participation in funds. Thank you for your attention!

Question: Zhao Dong,Hello,May I ask which cities of the company's smart brain have been established? Can you introduce the company's urban intelligent brain project business? Thank you!

Answer: Dear Investors,Hello! On January 31st, Hongxin Software, a subsidiary of the company, won the bid for the Mianyang City Big Data Platform and Intelligent Brain Engineering (Phase I) project. Thank you for your attention!

Question: Hello Zhao Dong,Changhong's rise in the secondary market this year is a recognition of the company's overall Digital transformation,May I ask if you have mentioned the plan to have the parent company go public as a whole,Which step has been pushed to now?

Answer: Dear Investors,Hello! At present, the company has not received any arrangements for the parent company to go public as a whole. The company continues to make business adjustments with a focus on efficiency,Strengthen the layout of domestic and foreign markets,Enhance profitability. Thank you for your attention!

Question: Zhao Dong,Hello,Does the company directly or indirectly participate in the construction of intelligent computing centers across the country? Thank you!

Answer: Dear Investors,Hello! Changhong takes the responsibility of serving the country through industry,Continuously paying attention to relevant national policies,Contribute to the strength of Changhong. Thank you for your attention!

Question: Zhao Dong,Hello,Can you introduce the progress of the company's Guangdong, Hong Kong, Macao and Ningxia East and West Counting projects,in addition,Which provinces have the company also participated in the construction of the East and West Counting projects? Thank you!

Answer: Dear Investors,Hello! The above project is progressing normally. Thank you for your attention!

Question: Zhao Dong,Hello,Can you introduce the company's long-term planning and layout in terms of edge computing products and edge computing power? Thank you!

Answer: Dear Investors,Hello! The company's Sichuan Changhong New Network Technology Co., Ltd. has edge computing gateway products,Please refer to its official website for detailed information( http://www.neo-Net. com/). Thank you for your attention!

Question: Zhao Dong,Hello,What is the progress of the laboratory research and development cooperation between the company and Huawei Hiss,Are there any research and development achievements? The main research and development directions of Huawei Haisi Changhong Laboratory,Can you introduce it? Thank you!

Answer: Dear Investors,Hello! There is currently no further disclosure of information. If there is any information that should be disclosed,The company will disclose information in accordance with regulations. Thank you for your attention!

Question: Zhao Dong,Hello,Changhong Power provides a battery pack for the C919 aircraft. excuse me,The company and its subsidiaries such as 081 Group,Changhong Precision,Changhong device,Multimedia Industry Company,Do Meiling and others still participate in the C919 aircraft project? Thank you!

Answer: Dear Investors,Hello! Changhong Power, a subsidiary of Sichuan Changhong, serves as a supplier to COMAC in China,Developed main/APU battery pack for C919 aircraft,The battery pack is an emergency power supply for starting the engine and onboard equipment,Ensuring the safe takeoff of C919,Flight and landing. Thank you for your attention.

Question: Zhao Dong,Hello! Changhong's WeChat official account recently reported,CTIS2023 Grand Opening,Changhong showcases a high energy density sodium ion battery with internationally advanced electrochemical performance,May I ask if the listed company has participated in the conversion of sodium ion battery achievements? Thank you!

Answer: Dear Investors,Hello! The company did not participate in the conversion of related achievements. Thank you for your attention!