[Important Notice, Table of Contents, and Definitions](index=4&type=section&id=Section%20I%20Important%20Notice%2C%20Table%20of%20Contents%2C%20and%20Definitions) This section provides general assurances, outlines significant risks, and defines key terms used throughout the report [Important Notice](index=4&type=section&id=Important%20Notice) The company's directors, supervisors, and senior management guarantee the truthfulness, accuracy, and completeness of this report's content without objection, noting that this semi-annual report has not been audited by an accounting firm, and forward-looking statements regarding future plans do not constitute a substantive commitment - The company's directors, supervisors, and senior management guarantee the truthfulness, accuracy, and completeness of the report's content, with no objections[6](index=6&type=chunk)[7](index=7&type=chunk) - This semi-annual report has not been audited by an accounting firm[6](index=6&type=chunk) - Forward-looking statements regarding future plans in the report do not constitute a substantive commitment by the company to investors[6](index=6&type=chunk) [Significant Risk Warning](index=4&type=section&id=Significant%20Risk%20Warning) The company is not at risk of delisting, but investors should pay attention to the significant risk factors analyzed in "Section III Accounting Data and Operating Performance" - The company is not at risk of delisting[8](index=8&type=chunk) - Significant risk factors are detailed in "Section III Accounting Data and Operating Performance" under "XIV. Risks Faced by the Company and Countermeasures"[8](index=8&type=chunk) [Definitions](index=5&type=section&id=Definitions) This section provides definitions for common terms used in the report, including company names, subsidiaries, related parties, laws, regulations, institutional names, and financial reporting periods - "Company," "the Company," and "Haosheng Electronics" are defined as Zhejiang Haosheng Electronics Technology Co., Ltd[9](index=9&type=chunk) - The reporting period refers to the first half of 2024, and the end of the reporting period is June 30, 2024[9](index=9&type=chunk) [Company Profile](index=6&type=section&id=Section%20II%20Company%20Profile) This section provides basic information about the company, its contact details, disclosure information, enterprise details, registration changes, intermediary agencies, and voluntary disclosures [Basic Information](index=6&type=section&id=I.%20Basic%20Information) The company's stock abbreviation is Haosheng Electronics, stock code is 838701, and legal representative is Xu Ruigen Company Basic Information | Indicator | Content | | :----------------- | :----------------------------------------- | | Stock Abbreviation | Haosheng Electronics | | Stock Code | 838701 | | Company Full Name | Zhejiang Haosheng Electronics Technology Co., Ltd. | | Legal Representative | Xu Ruigen | [Contact Information](index=6&type=section&id=II.%20Contact%20Information) The company's Board Secretary is Yan Jin, and the office address is No. 8 Qiantang River Road, Huimin Street, Jiashan County, Jiaxing City, Zhejiang Province - Board Secretary: Yan Jin[11](index=11&type=chunk) - Company Office Address: No. 8 Qiantang River Road, Huimin Street, Jiashan County, Jiaxing City, Zhejiang Province[11](index=11&type=chunk) [Information Disclosure and Document Availability](index=6&type=section&id=III.%20Information%20Disclosure%20and%20Document%20Availability) The company's interim report is the 2024 semi-annual report, disclosed on the Beijing Stock Exchange website (www.bse.cn) and available at the Board Secretary's office - Company Interim Report Disclosure Website: www.bse.cn[12](index=12&type=chunk) - Company Interim Report Availability Location: Board Secretary's Office[12](index=12&type=chunk) [Enterprise Information](index=6&type=section&id=IV.%20Enterprise%20Information) The company was listed on the Beijing Stock Exchange on July 19, 2023, primarily engaged in R&D, production, and sales of micro-speakers/receivers and other electro-acoustic components and audio products, belonging to the computer, communication, and other electronic equipment manufacturing industry - Company Stock Exchange: Beijing Stock Exchange, Listing Date: July 19, 2023[13](index=13&type=chunk) - Industry Classification: C Manufacturing - C39 Computer, Communication and Other Electronic Equipment Manufacturing - C398 Electronic Components and Electronic Special Materials Manufacturing - C3984 Electro-acoustic Devices and Parts Manufacturing[13](index=13&type=chunk) - Main Products and Services: R&D, production, and sales of micro-speakers/receivers and other electro-acoustic components and audio products[13](index=13&type=chunk) - Total Ordinary Share Capital: **98,000,000 shares**[13](index=13&type=chunk) - Controlling Shareholder is Jiashan Ruiheng, actual controllers are Xu Ruigen, Chen Meilin, and their concerted parties Xu Ya, Zhang Yuan[13](index=13&type=chunk) [Registration Changes](index=7&type=section&id=V.%20Registration%20Changes) Registration changes for the company are not applicable during the reporting period [Intermediary Agencies](index=7&type=section&id=VI.%20Intermediary%20Agencies) The company's sponsor for continuous supervision during the reporting period is Shenwan Hongyuan Securities Underwriting & Sponsorship Co., Ltd., with the supervision period extending to December 31, 2026 - Sponsor: Shenwan Hongyuan Securities Underwriting & Sponsorship Co., Ltd[14](index=14&type=chunk) - Continuous Supervision Period: July 19, 2023, to December 31, 2026[14](index=14&type=chunk) [Voluntary Disclosure](index=7&type=section&id=VII.%20Voluntary%20Disclosure) The company has no voluntary disclosure matters during the reporting period [Post-Reporting Period Updates](index=7&type=section&id=VIII.%20Post-Reporting%20Period%20Updates) The company has no updates after the reporting period [Accounting Data and Operating Performance](index=8&type=section&id=Section%20III%20Accounting%20Data%20and%20Operating%20Performance) This section details key financial metrics, non-recurring gains/losses, business overview, operational review, financial analysis, and risk factors [Key Accounting Data and Financial Indicators](index=8&type=section&id=I.%20Key%20Accounting%20Data%20and%20Financial%20Indicators) In the first half of 2024, the company's operating revenue increased by **26.61%** year-on-year, and net profit attributable to shareholders surged by **725.13%**, primarily due to asset disposal gains. Non-recurring net profit decreased by **89.55%** year-on-year, mainly due to declining gross margin, increased credit impairment losses, and inventory write-downs. Solvency and operational efficiency indicators show a decrease in asset-liability ratio and improved current ratio, but net cash flow from operating activities turned negative 2024 First Half Key Financial Indicators | Indicator | Current Period Amount (yuan) | Prior Year Period Amount (yuan) | Change (%) | | :--------------------------------------------------------------------- | :------------------- | :---------------------- | :--------- | | Operating Revenue | 369,946,442.46 | 292,184,237.36 | 26.61 | | Gross Margin (%) | 10.62 | 14.29 | - | | Net Profit Attributable to Shareholders of Listed Company | 143,188,915.84 | 17,353,418.91 | 725.13 | | Net Profit Attributable to Shareholders of Listed Company After Non-Recurring Gains and Losses | 1,104,099.25 | 10,566,716.62 | -89.55 | | Weighted Average Return on Net Assets % (based on net profit attributable to shareholders) | 18.99 | 5.25 | - | | Weighted Average Return on Net Assets % (based on net profit attributable to shareholders after non-recurring gains and losses) | 0.15 | 3.20 | - | | Basic Earnings Per Share (yuan) | 1.46 | 0.24 | 508.33 | | Net Cash Flow from Operating Activities | -20,555,844.41 | 12,526,987.27 | -264.09 | | Total Assets | 1,118,991,470.98 | 1,121,116,900.24 | -0.19 | | Total Liabilities | 342,258,777.86 | 438,573,122.96 | -21.96 | | Net Assets Attributable to Shareholders of Listed Company | 776,732,693.12 | 682,543,777.28 | 13.80 | | Asset-Liability Ratio % (Consolidated) | 30.59 | 39.12 | - | | Current Ratio | 1.88 | 1.48 | - | | Accounts Receivable Turnover Ratio | 1.53 | 1.67 | - | | Inventory Turnover Ratio | 3.91 | 3.07 | - | - The significant increase in net profit is mainly due to the company completing the relocation and handover of its operating premises at No. 328 Huimin Avenue, Huimin Street, in the first quarter, recognizing a substantial asset disposal gain[26](index=26&type=chunk) - Net profit after deducting non-recurring gains and losses decreased by **89.55%** year-on-year, primarily due to a decrease in gross margin for micro electro-acoustic components, increased credit impairment losses from higher accounts receivable, increased period expenses, and increased inventory write-down losses[26](index=26&type=chunk)[27](index=27&type=chunk) - Net cash flow from operating activities was **-20.56 million yuan**, a year-on-year decrease of **264.09%**, mainly due to large corporate income tax payments and increased production costs[18](index=18&type=chunk)[19](index=19&type=chunk)[41](index=41&type=chunk) [Non-Recurring Gains and Losses and Amounts](index=8&type=section&id=II.%20Non-Recurring%20Gains%20and%20Losses%20and%20Amounts) During the reporting period, the company's net non-recurring gains and losses amounted to **142 million yuan**, primarily from non-current asset disposal gains, significantly impacting net profit Non-Recurring Gains and Losses and Amounts | Item | Amount (yuan) | | :------------------------------------------------------------------------------------------------------------------------------------------ | :------------- | | Gains or losses from disposal of non-current assets | 163,664,461.78 | | Government grants recognized in current profit or loss (excluding those closely related to the company's normal operations, compliant with national policies, enjoyed according to fixed standards, and having a continuous impact on the company's profit or loss) | 553,300.00 | | Gains or losses from changes in fair value of financial assets and liabilities held by non-financial enterprises, and gains or losses from disposal of financial assets and liabilities, excluding effective hedging activities related to normal business operations | 2,206,220.98 | | Gains or losses from entrusted investment or asset management | 166,576.91 | | Other non-operating income and expenses apart from the above items | 596,269.16 | | **Total Non-Recurring Gains and Losses** | **167,186,828.83** | | Less: Income tax impact | 25,102,012.24 | | **Net Non-Recurring Gains and Losses** | **142,084,816.59** | [Supplementary Financial Indicators](index=9&type=section&id=III.%20Supplementary%20Financial%20Indicators) The company has no supplementary financial indicators to disclose during the reporting period [Changes in Accounting Policies, Accounting Estimates, or Significant Error Corrections](index=9&type=section&id=IV.%20Changes%20in%20Accounting%20Policies%2C%20Accounting%20Estimates%2C%20or%20Significant%20Error%20Corrections) During the reporting period, the company experienced changes in accounting policies, detailed in Section VII Financial Accounting Report / III. Notes to Financial Statements / (II) Notes to Financial Statement Items / III. (XXXI) Changes in Significant Accounting Policies and Accounting Estimates - The company had changes in accounting policies in the current period, with specific details in the notes to the financial statements[23](index=23&type=chunk) [Differences in Accounting Data under Domestic and Overseas Accounting Standards](index=9&type=section&id=V.%20Differences%20in%20Accounting%20Data%20under%20Domestic%20and%20Overseas%20Accounting%20Standards) There are no differences in accounting data under domestic and overseas accounting standards for the company during the reporting period [Business Overview](index=9&type=section&id=VI.%20Business%20Overview) The company primarily engages in R&D, production, and sales of micro electro-acoustic components and audio electro-acoustic products, with no significant changes in its business model during the reporting period. The company holds multiple 'Specialized, Refined, Unique, and Innovative' and 'High-tech Enterprise' certifications, demonstrating its professional capabilities and technological advantages in the electro-acoustic industry - The company operates in the electro-acoustic industry, with its main business being the R&D, production, and sales of micro electro-acoustic components and audio electro-acoustic products[24](index=24&type=chunk) - The company's products are widely used in consumer electronics such as mobile phones, tablet computers, smartwatches, and laptops, as well as in automotive, yacht, and home consumer and entertainment products[24](index=24&type=chunk) - During the reporting period, the company's business model remained unchanged, primarily generating revenue and profit through the production and sale of electro-acoustic components[25](index=25&type=chunk) - The company has been recognized as a "Provincial/Municipal Specialized, Refined, Unique, and Innovative" enterprise and a "High-tech Enterprise," and possesses multiple certifications including the Zhejiang Haosheng Communication Electro-acoustic Technology Provincial High-tech Enterprise Research and Development Center[25](index=25&type=chunk) [Review of Operating Performance](index=10&type=section&id=VII.%20Review%20of%20Operating%20Performance) In the first half of 2024, the company's operating revenue increased by **26.61%** year-on-year, benefiting from the consumer electronics industry's recovery. Net profit surged primarily due to asset disposal gains, while non-recurring net profit decreased due to declining gross margin, increased credit impairment, and inventory write-downs. The company continued to advance fundraising projects, increase R&D investment, and completed the 2023 equity distribution. The electro-acoustic industry market continues to grow, with AI technology adoption expected to bring broader development opportunities - In the first half of 2024, the company's operating revenue was **369.95 million yuan**, a **26.61%** year-on-year increase, mainly due to the recovery of the consumer electronics industry and easing downstream competition, with the company's price-for-volume strategy showing initial results[26](index=26&type=chunk) - Net profit before non-recurring items was **143.19 million yuan**, a **725.13%** year-on-year increase, primarily because the company completed the relocation and handover of its operating premises at No. 328 Huimin Avenue, Huimin Street, in the first quarter, recognizing a substantial asset disposal gain[26](index=26&type=chunk) - Net profit after deducting non-recurring gains and losses was **1.10 million yuan**, a **89.55%** year-on-year decrease, mainly due to a decrease in gross margin for micro electro-acoustic components, increased credit impairment losses from higher accounts receivable, increased period expenses, and increased inventory write-down losses[26](index=26&type=chunk)[27](index=27&type=chunk) - The company's initial public offering raised **215.6 million yuan**, and as of June 30, 2024, **101.53 million yuan** of the raised funds had been used, accounting for **52.68%** of the net proceeds, primarily for expansion projects and supplementing working capital[27](index=27&type=chunk) - During the reporting period, the company obtained 1 authorized patent (invention patent), accumulating a total of 64 authorized patents (5 invention patents, 59 utility model patents), and passed IATF 16949:2016 management system certification[27](index=27&type=chunk) - The company completed its 2023 annual equity distribution on July 11, 2024, distributing a total cash dividend of **49 million yuan** (tax inclusive)[27](index=27&type=chunk) - The global consumer electronics industry continues its recovery, with global smartphone shipments increasing by **6.5%** year-on-year in the second quarter of 2024, and the market size is expected to grow at a CAGR of **7.63%** from 2024 to 2032[29](index=29&type=chunk) - In the future, with global economic recovery and the widespread application of AI technology, the consumer electronics market is expected to usher in broader development opportunities[29](index=29&type=chunk) [Financial Analysis](index=12&type=section&id=III.%20Financial%20Analysis) This section provides a detailed analysis of the company's asset-liability structure, operating performance, and cash flow. Significant changes in the asset-liability structure, such as monetary funds, notes receivable, and construction in progress, are primarily influenced by asset disposals, endorsement of bills, and reduced prepayments. Operating performance shows substantial growth in both operating revenue and net profit, though non-recurring net profit declined. Cash flow from operating activities turned negative, investment cash outflows increased, and financing cash outflows significantly decreased [1. Asset-Liability Structure Analysis](index=12&type=section&id=1.%20Asset-Liability%20Structure%20Analysis) At the end of the period, the company's total assets were **1.119 billion yuan**, total liabilities **342 million yuan**, and net assets **777 million yuan**. Compared to the end of the previous year, total liabilities decreased by **21.96%**, and net assets increased by **13.80%**. Key changes include decreases in notes receivable, construction in progress, prepayments, notes payable, employee compensation payable, taxes payable, and non-current liabilities due within one year, alongside significant increases in other receivables, other payables, and undistributed profits Asset-Liability Structure Major Changes | Item | Period-End Amount (yuan) | Prior Year-End Amount (yuan) | Change (%) | | :--------------------------------- | :------------------- | :--------------------- | :--------- | | Total Assets | 1,118,991,470.98 | 1,121,116,900.24 | -0.19 | | Total Liabilities | 342,258,777.86 | 438,573,122.96 | -21.96 | | Net Assets Attributable to Shareholders | 776,732,693.12 | 682,543,777.28 | 13.80 | | Monetary Funds | 146,116,434.23 | 207,477,221.95 | -29.57 | | Notes Receivable | 43,474,007.86 | 65,598,552.51 | -33.73 | | Accounts Receivable | 236,954,101.21 | 197,866,796.64 | 19.75 | | Inventories | 84,874,737.28 | 72,017,897.06 | 17.85 | | Fixed Assets | 394,152,212.70 | 368,869,599.09 | 6.85 | | Construction in Progress | 24,806,963.05 | 45,840,773.51 | -45.88 | | Intangible Assets | 54,133,995.21 | 57,339,996.21 | -5.59 | | Notes Receivable Financing | 37,748,026.00 | 60,219,810.30 | -37.32 | | Prepayments | 1,606,658.89 | 9,318,104.54 | -82.76 | | Other Receivables | 33,363,384.64 | 1,410,073.07 | 2,266.07 | | Other Current Assets | 484,431.39 | 13,370,344.77 | -96.38 | | Notes Payable | 35,527,470.36 | 71,284,478.12 | -50.16 | | Employee Compensation Payable | 13,254,437.84 | 19,899,608.61 | -33.39 | | Taxes Payable | 12,537,151.85 | 29,507,228.63 | -57.51 | | Other Payables | 50,141,079.83 | 1,219,686.34 | 4,010.98 | | Non-Current Liabilities Due Within One Year | - | 81,450,527.80 | -100.00 | | Undistributed Profits | 366,560,634.91 | 272,371,719.07 | 34.58 | - The decrease in notes receivable and notes receivable financing is mainly due to an increase in the amount of bank acceptance bills endorsed and transferred in the current period[32](index=32&type=chunk) - Other receivables significantly increased by **2,266.07%**, mainly due to **31.87 million yuan** in compensation receivables for relocation at period-end[32](index=32&type=chunk) - Other payables significantly increased by **4,010.98%**, mainly due to a **49 million yuan** dividend payable for ordinary shares at period-end[32](index=32&type=chunk) - Non-current liabilities due within one year decreased by **100%**, mainly because the company completed the vacating and key handover of the remaining area at No. 328 Huimin Avenue, with corresponding liabilities transferred and recognized as asset disposal gains[32](index=32&type=chunk) - Undistributed profits increased by **34.58%**, mainly due to the recognition of a substantial asset disposal gain in the current period, leading to an increase in net profit attributable to the parent company[32](index=32&type=chunk) [2. Operating Performance Analysis](index=13&type=section&id=2.%20Operating%20Performance%20Analysis) During the reporting period, the company's operating revenue increased by **26.61%** year-on-year, with operating profit and net profit growing by **993.96%** and **725.13%** respectively, primarily due to asset disposal gains. However, non-recurring net profit decreased by **89.55%** year-on-year, indicating pressure on core business profitability, declining gross margin, and increased credit impairment and inventory write-down losses Profit Composition Major Changes | Item | Current Period Amount (yuan) | Prior Year Period Amount (yuan) | Change (%) | | :--------------------------------- | :------------------- | :---------------------- | :--------- | | Operating Revenue | 369,946,442.46 | 292,184,237.36 | 26.61 | | Operating Cost | 330,674,602.75 | 250,426,511.09 | 32.04 | | Gross Margin | 10.62% | 14.29% | - | | Administrative Expenses | 19,621,149.98 | 14,234,679.64 | 37.84 | | Financial Expenses | -4,129,870.40 | -1,324,023.62 | 211.92 | | Credit Impairment Losses | -4,285,793.15 | -1,221,628.54 | 250.83 | | Asset Impairment Losses | -3,436,774.43 | -390,554.74 | 779.97 | | Asset Disposal Gains | 163,664,461.78 | 448,830.99 | 36,364.61 | | Operating Profit | 165,345,171.74 | 15,114,423.89 | 993.96 | | Net Profit | 143,188,915.84 | 17,353,418.91 | 725.13 | | Net Profit After Non-Recurring Gains and Losses | 1,104,099.25 | 10,566,716.62 | -89.55 | - Operating costs increased by **32.04%**, mainly due to increased sales leading to a synchronous increase in production costs, as well as increased depreciation of new factory buildings and labor costs[35](index=35&type=chunk) - Administrative expenses increased by **37.84%**, mainly due to increased administrative labor costs and depreciation and amortization of new office buildings[35](index=35&type=chunk) - Credit impairment losses increased by **250.83%**, mainly due to higher bad debt provisions resulting from an increase in accounts receivable balance at period-end[35](index=35&type=chunk) - Asset impairment losses increased by **779.97%**, mainly due to increased inventory write-down provisions[35](index=35&type=chunk) - Asset disposal gains significantly increased by **36,364.61%**, mainly due to the completion of the relocation and handover of the production and operating premises at No. 328 Huimin Avenue, Huimin Street, recognizing a substantial asset disposal gain[35](index=35&type=chunk) Revenue Composition by Product and Region | Category/Item | Operating Revenue (yuan) | Operating Cost (yuan) | Gross Margin (%) | Operating Revenue Change YoY (%) | Operating Cost Change YoY (%) | Gross Margin Change YoY | | :----------------- | :------------------- | :------------------ | :------- | :----------------------- | :---------------------- | :-------------------- | | **By Product** | | | | | | | | Micro Electro-acoustic Components | 307,133,129.39 | 286,744,482.88 | 6.64 | 31.21 | 34.21 | Decreased by 2.08 percentage points | | Audio Electro-acoustic Products | 59,096,490.56 | 43,024,230.44 | 27.20 | 5.96 | 17.96 | Decreased by 7.41 percentage points | | Other | 3,716,822.51 | 905,889.43 | 75.63 | 59.09 | 200.17 | Decreased by 11.45 percentage points | | **By Region** | | | | | | | | Domestic | 323,205,130.39 | 296,385,983.40 | 8.30 | 33.80 | 36.39 | Decreased by 1.73 percentage points | | International | 46,741,312.07 | 34,288,619.35 | 26.64 | -7.68 | 3.56 | Decreased by 7.96 percentage points | - Main business revenue increased by **26.35%** year-on-year, mainly due to the recovery of the consumer electronics industry and the initial success of the company's price-for-volume strategy, with sales of both micro electro-acoustic products and audio products growing[39](index=39&type=chunk) - Domestic sales revenue increased by **33.80%**, while international sales revenue decreased by **7.68%**, mainly affected by the recovery of the domestic consumer electronics industry and geopolitical conflicts and high inflation abroad[39](index=39&type=chunk) [3. Cash Flow Status](index=15&type=section&id=3.%20Cash%20Flow%20Status) During the reporting period, the company's net cash flow from operating activities was negative, cash outflow from investing activities significantly increased, and cash outflow from financing activities substantially decreased Cash Flow Status | Item | Current Period Amount (yuan) | Prior Period Amount (yuan) | Change (%) | | :--------------------------------- | :------------------- | :----------------- | :--------- | | Net Cash Flow from Operating Activities | -20,555,844.41 | 12,526,987.27 | -264.09 | | Net Cash Flow from Investing Activities | -36,245,290.85 | 44,681,582.07 | -181.12 | | Net Cash Flow from Financing Activities | - | -74,139,567.16 | -100.00 | - Net cash flow from operating activities decreased by **264.09%**, mainly due to large income tax payments and increased production costs[41](index=41&type=chunk) - Net cash flow from investing activities changed by **-181.12%**, mainly due to an increase in cash paid for investments in the current period[41](index=41&type=chunk) - Net cash flow from financing activities decreased by **100%**, mainly because there were no borrowings or debt repayments in the current period[41](index=41&type=chunk) [4. Investment in Wealth Management Products](index=16&type=section&id=4.%20Investment%20in%20Wealth%20Management%20Products) During the reporting period, the company invested a total of **169 million yuan** in bank wealth management products, of which **38 million yuan** was idle raised funds, with an outstanding balance of **38 million yuan** at period-end, all without overdue unrecovered amounts Investment in Wealth Management Products | Wealth Management Product Type | Source of Funds | Amount Incurred (yuan) | Unmatured Balance (yuan) | | :--------------------------- | :-------------- | :------------------- | :------------------- | | Bank Wealth Management Product | Idle self-owned funds | 46,000,000.00 | 0.00 | | Bank Wealth Management Product | Idle self-owned funds | 5,000,000.00 | 0.00 | | Bank Wealth Management Product | Idle raised funds | 38,000,000.00 | 38,000,000.00 | | Bank Wealth Management Product | Idle raised funds | 40,000,000.00 | 0.00 | | Bank Wealth Management Product | Idle raised funds | 40,000,000.00 | 0.00 | | **Total** | | **169,000,000.00** | **38,000,000.00** | - The company has no single significant entrusted wealth management product, or low-safety, low-liquidity, high-risk entrusted wealth management products[41](index=41&type=chunk) [Analysis of Major Holding and Associate Companies](index=16&type=section&id=VIII.%20Analysis%20of%20Major%20Holding%20and%20Associate%20Companies) The company's main holding subsidiary, Jiashan Huihao Electronics Co., Ltd., primarily processes, produces, and sells micro-speakers and receivers, achieving operating revenue of **56.10 million yuan** and net profit of **0.13 million yuan** during the reporting period. The associate company, Zhejiang Jiashan United Rural Commercial Bank Co., Ltd., mainly conducts banking business, with the company holding shares to support local economic development and gain investment returns Major Holding and Associate Companies Operating Performance | Company Name | Company Type | Main Business | Registered Capital (yuan) | Total Assets (yuan) | Net Assets (yuan) | Operating Revenue (yuan) | Net Profit (yuan) | | :----------------------------------- | :----------- | :---------------------------------------------- | :---------------- | :---------------- | :---------------- | :---------------- | :---------------- | | Jiashan Huihao Electronics Co., Ltd. | Holding Subsidiary | Processing, production, and sales of micro-speakers, receivers, etc. | 3,000,000.00 | 14,803,923.65 | 4,976,007.49 | 56,097,606.18 | 126,147.83 | | Zhejiang Jiashan United Rural Commercial Bank Co., Ltd. | Associate Company | Absorbing public deposits, issuing short-term, medium-term, and long-term loans, and other banking businesses. | 200,000,000.00 | 4,436,158,549.77 | 464,162,119.00 | 120,783,086.16 | 26,792,402.95 | - The company's purpose in investing in Zhejiang Jiashan United Rural Commercial Bank Co., Ltd. is to support local economic development and obtain investment returns[43](index=43&type=chunk) - During the reporting period, the company had no acquisitions or disposals of subsidiaries, and the scope of consolidation for the consolidated financial statements remained unchanged[44](index=44&type=chunk) [Information on Structured Entities Controlled by the Company](index=17&type=section&id=IX.%20Information%20on%20Structured%20Entities%20Controlled%20by%20the%20Company) The company has no controlled structured entities during the reporting period [Explanation of Key Audit Matters](index=17&type=section&id=X.%20Explanation%20of%20Key%20Audit%20Matters) The company has no explanation of key audit matters during the reporting period [Corporate Social Responsibility](index=17&type=section&id=XI.%20Corporate%20Social%20Responsibility) The company highly values corporate social responsibility, operating with integrity, paying taxes lawfully, and safeguarding the legitimate rights and interests of shareholders, employees, suppliers, and customers. It has established a comprehensive employee training and welfare system and implemented various environmental protection measures to ensure pollutant discharge meets standards - The company strictly adheres to laws and regulations, improves its corporate governance structure and internal control system, actively fulfills information disclosure obligations, and protects the legitimate rights and interests of shareholders, especially small and medium shareholders[44](index=44&type=chunk) - The company prioritizes employee rights protection, establishing a comprehensive training system and compensation and welfare system, paying social insurance for employees, and providing excellent accommodation[45](index=45&type=chunk) - The company strengthens communication and cooperation with suppliers and customers, respects and protects their legitimate rights and interests, achieving win-win outcomes for all parties[45](index=45&type=chunk) - The company is not in a heavily polluting industry; its pollutants mainly include small amounts of waste gas, domestic sewage, noise, and solid waste, and it takes corresponding measures to treat them, ensuring compliance with discharge standards[46](index=46&type=chunk) [Situations of Unprofitability or Accumulated Uncovered Losses During the Reporting Period](index=18&type=section&id=XII.%20Situations%20of%20Unprofitability%20or%20Accumulated%20Uncovered%20Losses%20During%20the%20Reporting%20Period) The company was not unprofitable and had no accumulated uncovered losses during the reporting period [Forecast of Operating Performance for January-September 2024](index=18&type=section&id=XIII.%20Forecast%20of%20Operating%20Performance%20for%20January-September%202024) The company did not provide a forecast for its operating performance for January-September 2024 during the reporting period [Risks Faced by the Company and Countermeasures](index=18&type=section&id=XIV.%20Risks%20Faced%20by%20the%20Company%20and%20Countermeasures) The company faces multiple risks, including core technology leakage, intensified market competition, customer concentration, talent loss, accounts receivable bad debts, and lower-than-expected returns from fundraising projects. The company has implemented or plans to implement a series of countermeasures, such as strengthening technical confidentiality, enhancing R&D capabilities, expanding markets, improving incentive mechanisms, and intensifying accounts receivable collection, to mitigate risks and ensure sustainable development - Risk of core technology leakage: The company has established strict technical confidentiality systems, signed "Confidentiality and Non-Compete Agreements" with core technical personnel, and places high importance on intellectual property protection[47](index=47&type=chunk) - Market competition risk: The company will continuously enhance R&D capabilities and production equipment levels, improve product technical content and added value, strengthen market marketing network construction, and flexibly adjust sales strategies[49](index=49&type=chunk) - Customer concentration risk: Sales to the company's top five customers account for a relatively high proportion; the company will enhance promotion capabilities, acquire new customers, and strive to improve production management, design and development capabilities, and market responsiveness to stabilize existing customers[49](index=49&type=chunk) - Talent loss risk: The company will further improve employee compensation incentives, promotion channels, career planning, and corporate culture incentive mechanisms to retain core talent[49](index=49&type=chunk) - Risk of accounts receivable bad debts: At period-end, the book value of accounts receivable was **237 million yuan**, accounting for **21.18%** of total assets; the company will intensify collection efforts and assign target responsibilities to key personnel[49](index=49&type=chunk) - Risk of lower-than-expected returns from fundraising projects: The company will increase marketing efforts, deeply explore sales potential, improve product market share through active marketing measures, and enhance product quality and brand awareness[50](index=50&type=chunk) - No significant changes occurred in major risks during the current period[50](index=50&type=chunk) [Significant Events](index=21&type=section&id=Section%20IV%20Significant%20Events) This section covers an overview and details of significant events, including related party transactions, asset acquisitions/disposals, external investments, commitments, and asset restrictions [Overview of Significant Events](index=21&type=section&id=I.%20Overview%20of%20Significant%20Events) During the reporting period, the company had significant related party transactions, shareholder-approved acquisitions/disposals of assets/external investments/business combinations, disclosed commitments, and assets subject to seizure/detention/freezing/mortgage/pledge - The company had significant related party transactions[51](index=51&type=chunk) - The company had shareholder-approved acquisitions, disposals of assets, external investments, and business combinations during the reporting period[51](index=51&type=chunk) - The company had disclosed commitments[51](index=51&type=chunk) - The company had assets subject to seizure, detention, freezing, mortgage, or pledge[51](index=51&type=chunk) [Details of Significant Events](index=21&type=section&id=II.%20Details%20of%20Significant%20Events) This section details significant events during the reporting period, including no litigation or arbitration, no fund occupation by shareholders or related parties, anticipated routine related party transactions and creditor-debtor relationships, shareholder approval for using idle funds for wealth management and cash management, normal fulfillment of disclosed commitments, and pledged restrictions on some monetary funds and notes receivable [(I) Litigation and Arbitration Matters](index=21&type=section&id=(I)%20Litigation%20and%20Arbitration%20Matters) The company had no significant litigation or arbitration matters during the reporting period - The company had no significant litigation or arbitration matters in this reporting period[52](index=52&type=chunk) [(II) Occupation or Transfer of Company Funds, Assets, and Other Resources by Shareholders and Their Related Parties](index=21&type=section&id=(II)%20Occupation%20or%20Transfer%20of%20Company%20Funds%20Assets%20and%20Other%20Resources%20by%20Shareholders%20and%20Their%20Related%20Parties) There was no occupation or transfer of company funds, assets, or other resources by shareholders or their related parties during the reporting period - There was no occupation or transfer of company funds, assets, or other resources by shareholders or their related parties in this reporting period[52](index=52&type=chunk) [(III) Significant Related Party Transactions During the Reporting Period](index=21&type=section&id=(III)%20Significant%20Related%20Party%20Transactions%20During%20the%20Reporting%20Period) The company anticipates total routine related party transactions of **2.2 million yuan** in 2024, primarily involving the purchase of raw materials, fuel, power, acceptance of services, and other items. At period-end, there were monetary fund transactions with Zhejiang Jiashan United Rural Commercial Bank Co., Ltd. and accounts payable with Jiashan Luoxingge Junting Hotel Co., Ltd - The company anticipates routine related party transactions totaling **2.2 million yuan** in 2024 with Jiashan Luoxingge Junting Hotel Co., Ltd., Zhejiang Jiashan Meiyuan Hotel Co., Ltd., Jiashan County Economic Development Zone (Huimin Street) Chamber of Commerce, Changzhou Qichang Import and Export Co., Ltd., and Zhejiang Jiashan United Rural Commercial Bank Co., Ltd[52](index=52&type=chunk) Significant Routine Related Party Transactions Estimated vs. Actual Amounts | Specific Matter Type | Estimated Amount (yuan) | Actual Amount (yuan) | | :--------------------------- | :-------------------- | :------------------- | | Sales of products, goods, provision of services | 1,000,000.00 | 0.00 | | Other | 1,200,000.00 | 155,412.16 | Creditor-Debtor Transactions with Related Parties | Related Party | Account Item | Beginning Balance (yuan) | Amount Incurred in Current Period (yuan) | Ending Balance (yuan) | | :----------------------------------- | :----------- | :--------------------- | :------------------------------- | :------------------ | | Zhejiang Jiashan United Rural Commercial Bank Co., Ltd. | Monetary Funds | 891,058.10 | 473,766.74 | 1,364,824.84 | | Jiashan Luoxingge Junting Hotel Co., Ltd. | Accounts Payable | 42,876.42 | -8,358.19 | 34,518.23 | [(IV) Acquisitions, Disposals of Assets, External Investments, and Business Combinations Approved by Shareholders' Meeting During the Reporting Period](index=22&type=section&id=(IV)%20Acquisitions%2C%20Disposals%20of%20Assets%2C%20External%20Investments%2C%20and%20Business%20Combinations%20Approved%20by%20Shareholders%20Meeting%20During%20the%20Reporting%20Period) The company's shareholders' meeting approved the use of up to **200 million yuan** of idle self-owned funds and up to **80 million yuan** of idle raised funds for cash management, investing in low-risk, high-security, and highly liquid wealth management products to enhance capital utilization efficiency and investment returns - The company plans to use up to **200 million yuan** of idle self-owned funds to purchase wealth management products, with the investment quota being revolving and single investment terms not exceeding 12 months[54](index=54&type=chunk)[56](index=56&type=chunk) - The company plans to use up to **80 million yuan** of idle raised funds for cash management, purchasing low-risk, high-security, and highly liquid wealth management products, with funds being revolving and proposed investment product terms not exceeding 12 months[56](index=56&type=chunk) [(V) Fulfillment of Commitments](index=23&type=section&id=(V)%20Fulfillment%20of%20Commitments) The company had no new commitments during the reporting period, and all previously disclosed commitments were fulfilled normally, with no breaches of commitment - The company had no new commitments, and previously disclosed commitments are detailed in the "Prospectus" disclosed on June 28, 2023[57](index=57&type=chunk) - During the reporting period, there were no significant changes in relevant commitments, and all committers fulfilled their commitments normally, with no breaches of commitment[57](index=57&type=chunk) [(VI) Assets Subject to Seizure, Detention, Freezing, Mortgage, or Pledge](index=23&type=section&id=(VI)%20Assets%20Subject%20to%20Seizure%2C%20Detention%2C%20Freezing%2C%20Mortgage%2C%20or%20Pledge) At period-end, the company had **29.83 million yuan** in restricted assets, accounting for **2.66%** of total assets, primarily pledged monetary funds and notes receivable for bank acceptance bill deposits, letter of credit deposits, and endorsed or discounted bills not derecognized, with no adverse impact on the company's continuous operations Restricted Assets | Asset Name | Asset Category | Type of Restriction | Book Value (yuan) | Percentage of Total Assets (%) | | :--------- | :------------- | :------------------ | :---------------- | :----------------------------- | | Monetary Funds | Current Assets | Pledge | 10,758,494.18 | 0.96 | | Notes Receivable | Current Assets | Pledge | 19,072,977.28 | 1.70 | | **Total** | - | - | **29,831,471.46** | **2.66** | - Asset restrictions are mainly due to pledges for the company's issuance of bank bills and application for bank loans, which are beneficial for the company's normal capital turnover and main business development, and do not adversely affect the company's continuous operations or management stability[59](index=59&type=chunk) [Share Changes and Financing](index=24&type=section&id=Section%20V%20Share%20Changes%20and%20Financing) This section covers common stock changes, changes in controlling shareholders, use of raised funds, preferred shares, bond financing, convertible bonds, equity distribution, and special voting rights arrangements [Common Stock Capital Situation](index=24&type=section&id=I.%20Common%20Stock%20Capital%20Situation) During the reporting period, the company's total share capital remained unchanged at **98,000,000 shares**, but unrestricted shares increased and restricted shares decreased due to the lifting of sales restrictions on strategic investors' holdings. The top ten shareholders' equity remained stable, with the actual controllers and their concerted parties collectively controlling **60.82%** of the company's shares Common Stock Capital Structure Changes | Share Nature | Beginning of Period Quantity (shares) | Beginning of Period Ratio (%) | Current Period Change (shares) | End of Period Quantity (shares) | End of Period Ratio (%) | | :------------------- | :---------------------------- | :-------------------- | :--------------------- | :-------------------- | :-------------------- | | Unrestricted Shares | 19,601,000 | 20.00 | 4,900,000 | 24,501,000 | 25.00 | | Restricted Shares | 78,399,000 | 80.00 | -4,900,000 | 73,499,000 | 75.00 | | Total Share Capital | 98,000,000 | - | 0 | 98,000,000 | - | - During the reporting period, the company applied to lift sales restrictions on **4,900,000 shares** held by strategic investors, with a tradable date of March 15, 2024[61](index=61&type=chunk) Top 10 Shareholders or Shareholders Holding 5% or More | No. | Shareholder Name | Shareholder Nature | End of Period Shareholding (shares) | End of Period Shareholding Ratio (%) | | :-- | :----------------------------------- | :----------------- | :-------------------------- | :--------------------------- | | 1 | Jiashan Ruiheng Investment Co., Ltd. | Domestic Non-State-Owned Legal Person | 24,084,800 | 24.58 | | 2 | Xu Ruigen | Domestic Natural Person | 17,122,560 | 17.47 | | 3 | Chen Meilin | Domestic Natural Person | 11,680,640 | 11.92 | | 4 | Jiaxing Meihe Investment Partnership (Limited Partnership) | Domestic Non-State-Owned Legal Person | 4,592,000 | 4.69 | | 5 | Zhang Yuan | Domestic Natural Person | 3,700,000 | 3.78 | | 6 | Xu Ya | Domestic Natural Person | 3,600,000 | 3.67 | | 7 | Jiaxing Meixing Investment Partnership (Limited Partnership) | Domestic Non-State-Owned Legal Person | 2,120,000 | 2.16 | | 8 | Employee Xu Ruigen | Domestic Natural Person | 2,100,000 | 2.14 | | 9 | Chen Qilin | Domestic Natural Person | 2,100,000 | 2.14 | | 10 | Chen Chunqiang | Domestic Natural Person | 1,400,000 | 1.43 | | **Total** | - | - | **72,500,000** | **73.98** | - The company's actual controllers, Xu Ruigen and Chen Meilin, directly and indirectly control **60.82%** of the voting rights of the company[65](index=65&type=chunk) [Changes in Controlling Shareholder and Actual Controller](index=26&type=section&id=II.%20Changes%20in%20Controlling%20Shareholder%20and%20Actual%20Controller) There were no changes in the company's controlling shareholder or actual controller during the reporting period [Issuance of Common Stock and Use of Raised Funds During the Reporting Period](index=26&type=section&id=III.%20Issuance%20of%20Common%20Stock%20and%20Use%20of%20Raised%20Funds%20During%20the%20Reporting%20Period) The company was listed on the Beijing Stock Exchange on July 19, 2023, with net proceeds from the initial public offering of **192.7 million yuan**, primarily for expansion projects and supplementing working capital. As of June 30, 2024, **101.5 million yuan** of the raised funds had been used, accounting for **52.68%** of the net proceeds, with no changes in the use of raised funds - The company was listed on the Beijing Stock Exchange on July 19, 2023, with total proceeds from the initial public offering of **215.6 million yuan**, and net proceeds of **192.7 million yuan** after deducting issuance expenses[63](index=63&type=chunk) - The raised funds are planned to be invested in the expansion project for an annual output of **35 million** micro-receivers, **25 million** micro-speakers, and **55 million** micro-speaker integrated modules (Project 1) for **142.7 million yuan**, and to supplement working capital (Project 2) for **50 million yuan**[63](index=63&type=chunk) - As of June 30, 2024, Project 1 had used **51.4754 million yuan** of raised funds, and Project 2 had used **50.0505 million yuan**, totaling **101.5260 million yuan** used, accounting for **52.68%** of the net raised funds[63](index=63&type=chunk) - During the reporting period, the company did not change the use of raised funds[63](index=63&type=chunk) [Information on Preferred Shares Existing in the Current Period](index=26&type=section&id=IV.%20Information%20on%20Preferred%20Shares%20Existing%20in%20the%20Current%20Period) The company had no preferred shares existing in the current period during the reporting period [Bond Financing Situation Existing up to the Approval Date of the Interim Report](index=26&type=section&id=V.%20Bond%20Financing%20Situation%20Existing%20up%20to%20the%20Approval%20Date%20of%20the%20Interim%20Report) The company had no bond financing existing up to the approval date of the interim report during the reporting period [Information on Convertible Bonds Existing in the Current Period](index=26&type=section&id=VI.%20Information%20on%20Convertible%20Bonds%20Existing%20in%20the%20Current%20Period) The company had no convertible bonds existing in the current period during the reporting period [Equity Distribution](index=26&type=section&id=VII.%20Equity%20Distribution) The company's 2023 annual equity distribution plan complied with the articles of association and relevant laws and regulations, completed on July 11, 2024, distributing a cash dividend of **5.00 yuan** (tax inclusive) per 10 shares to all shareholders, totaling **49 million yuan** - The company's 2023 annual equity distribution plan complies with the articles of association and relevant laws and regulations[63](index=63&type=chunk) - The company completed its 2023 annual equity distribution on July 11, 2024, distributing a total cash dividend of **49 million yuan** (tax inclusive)[27](index=27&type=chunk)[97](index=97&type=chunk) [Special Voting Rights Arrangement](index=27&type=section&id=VIII.%20Special%20Voting%20Rights%20Arrangement) The company had no special voting rights arrangements during the reporting period [Changes in Directors, Supervisors, Senior Management, and Core Employees](index=28&type=section&id=Section%20VI%20Changes%20in%20Directors%2C%20Supervisors%2C%20Senior%20Management%2C%20and%20Core%20Employees) This section details the composition and changes of the board, supervisory board, senior management, and employee structure [Information on Directors, Supervisors, and Senior Management](index=28&type=section&id=I.%20Information%20on%20Directors%2C%20Supervisors%2C%20and%20Senior%20Management) The company's board of directors consists of 9 directors, the supervisory board has 3 supervisors, and there are 3 senior management personnel. During the reporting period, the basic information and shareholdings of directors, supervisors, and senior management remained stable with no changes. The company's actual controllers, Xu Ruigen and Chen Meilin, and their concerted parties, have related party relationships with several directors, supervisors, and senior management - The company's board of directors has 9 members, the supervisory board has 3 members, and there are 3 senior management personnel[65](index=65&type=chunk) - The company's actual controllers, Xu Ruigen and Chen Meilin, are the company's Chairman and General Manager, and Director, respectively, and have related party relationships with several directors, supervisors, senior management, and shareholders[65](index=65&type=chunk) Partial Directors, Supervisors, and Senior Management Shareholding | Name | Position | End of Period Ordinary Shareholding (shares) | End of Period Ordinary Shareholding Ratio (%) | | :--------- | :------------------- | :----------------------------------- | :------------------------------------ | | Xu Ruigen | Chairman and General Manager | 17,122,560 | 17.47 | | Chen Meilin | Director | 11,680,640 | 11.92 | | Chen Chunqiang | Director | 1,400,000 | 1.43 | - During the reporting period, there were no changes in the company's Chairman, General Manager, Board Secretary, Chief Financial Officer, or Independent Directors[67](index=67&type=chunk) [Employee Information](index=29&type=section&id=II.%20Employee%20Information) As of the end of the reporting period, the company and its controlled subsidiaries had a total of **1,281 employees**, with production personnel accounting for the largest proportion. Employee education levels are primarily below college, with **3 PhDs**, **0 Masters**, **35 Bachelors**, and **156 Associate Degrees** Employee Basic Information (by Job Nature) | By Job Nature | Beginning of Period Headcount | New Hires in Current Period | Departures in Current Period | End of Period Headcount | | :----------------- | :-------------------- | :------------------ | :------------------- | :------------------ | | Production Personnel | 936 | 46 | | 982 | | Sales Personnel | 22 | 2 | | 24 | | Technical Personnel | 150 | | 7 | 143 | | Financial Personnel | 9 | | 1 | 8 | | Administrative Personnel | 126 | | 2 | 124 | | **Total Employees** | **1,243** | **48** | **10** | **1,281** | Employee Basic Information (by Education Level) | By Education Level | Beginning of Period Headcount | End of Period Headcount | | :----------------- | :-------------------- | :------------------ | | PhD | | 3 | | Master's | | 0 | | Bachelor's | | 35 | | Associate Degree | | 156 | | Below Associate Degree | | 1,087 | | **Total Employees** | **1,243** | **1,281** | [Post-Reporting Period Updates](index=29&type=section&id=III.%20Post-Reporting%20Period%20Updates) The company has no updates after the reporting period [Financial Accounting Report](index=30&type=section&id=Section%20VII%20Financial%20Accounting%20Report) This section includes the audit report, financial statements (balance sheets, income statements, cash flow statements, and statements of changes in equity), and detailed notes to the financial statements [Audit Report](index=30&type=section&id=I.%20Audit%20Report) This semi-annual financial accounting report has not been audited - This financial accounting report has not been audited[68](index=68&type=chunk) [Financial Statements](index=30&type=section&id=II.%20Financial%20Statements) This section presents the company's consolidated and parent company balance sheets, income statements, cash flow statements, and statements of changes in shareholders' equity for the first half of 2024, reflecting the financial position at period-end, operating results, and cash flow during the first half of the year - The consolidated balance sheet shows that as of June 30, 2024, the company's total assets were **1.119 billion yuan**, total liabilities **342 million yuan**, and owners' equity **777 million yuan**[71](index=71&type=chunk) - The consolidated income statement shows that from January to June 2024, the company's total operating revenue was **370 million yuan**, and net profit was **143 million yuan**[78](index=78&type=chunk) - The consolidated cash flow statement shows that from January to June 2024, net cash flow from operating activities was **-20.56 million yuan**, net cash flow from investing activities was **-36.25 million yuan**, and net cash flow from financing activities was **-74.14 million yuan**[84](index=84&type=chunk) [(I) Consolidated Balance Sheet](index=30&type=section&id=(I)%20Consolidated%20Balance%20Sheet) As of June 30, 2024, the company's consolidated total assets were **1.119 billion yuan**, total liabilities **342 million yuan**, and total owners' equity **777 million yuan**. Compared to the end of 2023, total assets slightly decreased, total liabilities decreased, and owners' equity increased - As of June 30, 2024, consolidated total assets were **1,118,991,470.98 yuan**, total liabilities **342,258,777.86 yuan**, and total owners' equity **776,732,693.12 yuan**[71](index=71&type=chunk) [(II) Parent Company Balance Sheet](index=32&type=section&id=(II)%20Parent%20Company%20Balance%20Sheet) As of June 30, 2024, the parent company's total assets were **1.121 billion yuan**, total liabilities **348 million yuan**, and total owners' equity **774 million yuan**. Compared to the end of 2023, parent company total assets slightly decreased, total liabilities decreased, and owners' equity increased - As of June 30, 2024, parent company total assets were **1,121,230,951.34 yuan**, total liabilities **347,603,359.97 yuan**, and total owners' equity **773,627,591.37 yuan**[76](index=76&type=chunk) [(III) Consolidated Income Statement](index=34&type=section&id=(III)%20Consolidated%20Income%20Statement) From January to June 2024, the company achieved total operating revenue of **370 million yuan**, a **26.61%** year-on-year increase; net profit was **143 million yuan**, a **725.13%** year-on-year increase. Operating profit was **165 million yuan**, a **993.96%** year-on-year increase, primarily influenced by asset disposal gains - From January to June 2024, total operating revenue was **369,946,442.46 yuan**, a **26.61%** year-on-year increase[77](index=77&type=chunk) - From January to June 2024, net profit was **143,188,915.84 yuan**, a **725.13%** year-on-year increase[78](index=78&type=chunk) - Asset disposal gains of **163,664,461.78 yuan** had a significant positive impact on operating profit and net profit[78](index=78&type=chunk) [(IV) Parent Company Income Statement](index=35&type=section&id=(IV)%20Parent%20Company%20Income%20Statement) From January to June 2024, the parent company achieved operating revenue of **370 million yuan**, a **26.61%** year-on-year increase; net profit was **143 million yuan**, a **742.88%** year-on-year increase. The parent company's profit trend is consistent with the consolidated statements, primarily influenced by asset disposal gains - From January to June 2024, parent company operating revenue was **369,946,442.46 yuan**, and net profit was **143,317,868.82 yuan**[81](index=81&type=chunk) - Parent company asset disposal gains of **164,009,071.96 yuan** had a significant impact on total profit and net profit[81](index=81&type=chunk) [(V) Consolidated Cash Flow Statement](index=37&type=section&id=(V)%20Consolidated%20Cash%20Flow%20Statement) From January to June 2024, the company's net cash flow from operating activities was **-20.56 million yuan**, net cash flow from investing activities was **-36.25 million yuan**, and net cash flow from financing activities was **-74.14 million yuan**. The net increase in cash and cash equivalents was **-55.77 million yuan** - Net cash flow from operating activities was **-20,555,844.41 yuan**, a year-on-year decrease of **264.09%**[84](index=84&type=chunk) - Net cash flow from investing activities was **-36,245,290.85 yuan**, mainly due to an increase in cash paid for investments[84](index=84&type=chunk) - Net cash flow from financing activities was **-74,139,567.16 yuan**, mainly because there were no borrowings or debt repayments in the current period[84](index=84&type=chunk) [(VI) Parent Company Cash Flow Statement](index=38&type=section&id=(VI)%20Parent%20Company%20Cash%20Flow%20Statement) From January to June 2024, the parent company's net cash flow from operating activities was **-19.83 million yuan**, net cash flow from investing activities was **-36.38 million yuan**, and net cash flow from financing activities was **-74.14 million yuan**. The parent company's cash flow trend is consistent with the consolidated statements - Parent company net cash flow from operating activities was **-19,827,323.75 yuan**[85](index=85&type=chunk) - Parent company net cash flow from investing activities was **-36,381,090.85 yuan**[86](index=86&type=chunk) - Parent company net cash flow from financing activities was **-74,139,567.16 yuan**[86](index=86&type=chunk) [(VII) Consolidated Statement of Changes in Shareholders' Equity](index=40&type=section&id=(VII)%20Consolidated%20Statement%20of%20Changes%20in%20Shareholders%20Equity) In the first half of 2024, the company's consolidated shareholders' equity increased by **94.19 million yuan**, primarily from net profit attributable to parent company owners of **143 million yuan**, alongside a **49 million yuan** profit distribution - The total comprehensive income attributable to parent company owners for the current period was **143,188,915.84 yuan**[87](index=87&type=chunk) - Profit distribution to owners (or shareholders) for the current period was **49,000,000.00 yuan**[88](index=88&type=chunk) - Consolidated owners' equity totaled **776,732,693.12 yuan** at period-end[88](index=88&type=chunk) [(VIII) Parent Company Statem

证券代码：838701 证券简称：豪声电子 公告编号：2024-071 浙江豪声电子科技股份有限公司利润分配管理制度 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、 审议及表决情况 浙江豪声电子科技股份有限公司（以下简称"公司"）于 2024 年 8 月 23 日 召开第三届董事会第十四次会议，审议通过了《关于修订<利润分配管理制度> 的议案》，表决结果为：同意 9 票；反对 0 票；弃权 0 票，本议案尚需提交公 司 2024 年第一次临时股东大会审议。 二、 制度的主要内容，分章节列示： 浙江豪声电子科技股份有限公司 利润分配管理制度 第一章 总则 （三） 公司从税后利润中提取法定公积金后，经股东大会决议，还可以从 税后利润中提取任意公积金。 （四） 公司弥补亏损和提取公积金后所余税后利润，按照股东持有的股份 比例分配，但《公司章程》规定不按持股比例分配的除外。 第一条 为了完善浙江豪声电子科技股份有限公司（以下简称"公司"）的 利润分配政策，建立持续、稳定、科学的分红机制，增强利润分配的透明 ...

证券代码：838701 证券简称：豪声电子 公告编号：2024-067 浙江豪声电子科技股份有限公司 第三届监事会第十二次会议决议公告 本公司及监事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2024 年 8 月 23 日 2.会议召开地点：浙江省嘉兴市嘉善县惠民街道钱塘江路 8 号公司会议室 3.会议召开方式：现场方式 4.发出监事会会议通知的时间和方式：2024 年 8 月 13 日 以通讯方式发出 5.会议主持人：监事会主席徐芳女士 6.召开情况合法、合规、合章程性说明： 本次会议的召集、召开、议案审查表决程序符合法律、法规和《公司章程》 的规定。 根据北京证券交易所发布的《北京证券交易所股票上市规则（试行）》、《公 开发行证券的公司信息披露内容与格式准则第 54 号——北京证券交易所上市公 司中期报告》和《关于做好上市公司 2024 年半年度报告披露相关工作的通知》 等文件的相关规定，公司监事会对公司《2024 年半年度报告》进行了审核，并 ...

证券代码：838701 证券简称：豪声电子 公告编号：2024-069 浙江豪声电子科技股份有限公司 2024 年半年度募集资金存放与实际使用情况的专项报告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、募集资金基本情况 （一）实际募集资金金额、资金到位情况 2023 年 5 月 30 日，中国证券监督管理委员会出具《关于同意浙江豪声电子 科技股份有限公司向不特定合格投资者公开发行股票注册的批复》（证监许可 〔2023〕1179 号），同意公司向不特定合格投资者公开发行股票的注册申请。2023 年 7 月 13 日，北京证券交易所出具《关于同意浙江豪声电子科技股份有限公司 股票在北京证券交易所上市的函》（北证函〔2023〕299 号），经批准，公司股票 于 2023 年 7 月 19 日在北京证券交易所上市。 公司采用公开发行股票的方式向不特定投资者共计发行人民币普通股（A 股）24,500,000 股,每股发行价格 8.80 元，募集资金总额人民币 215,600,000.00 元，扣除不含增值 ...

证券代码：838701 证券简称：豪声电子 公告编号：2024-070 浙江豪声电子科技股份有限公司 关于拟修订《公司章程》公告 根据《公司法》及《北京证券交易所股票上市规则(试行)》、《关于修改＜上 市公司章程指引＞的决定》（证监会公告〔2023〕62 号）等相关规定，公司拟修 订《公司章程》的部分条款，修订对照如下： | 原规定 | 修订后 | | --- | --- | | 第四十二条 股东大会是公司的权力机 | 第四十二条 股东大会是公司的权力机 | | 构，依法行使下列职权： | 构，依法行使下列职权： | | （一）决定公司的经营方针和投资计 | （一）决定公司的经营方针和投资计 | | 划； | 划； | | （二）选举和更换非由职工代表担任的 | （二）选举和更换非由职工代表担任的 | | 董事、监事，决定有关董事、监事的报 | 董事、监事，决定有关董事、监事的报 | | 酬事项； | 酬事项； | | （三）审议批准董事会报告； | （三）审议批准董事会报告； | | （四）审议批准监事会报告； | （四）审议批准监事会报告； | | （五）审议批准公司的年度财务预算方 | （五）审议批准公 ...

证券代码：838701 证券简称：豪声电子 公告编号：2024-068 浙江豪声电子科技股份有限公司 关于召开 2024 年第一次临时股东大会通知公告（提供网络投票） 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开基本情况 （一）股东大会届次 本次会议为 2024 年第一次临时股东大会。 （二）召集人 本次股东大会的召集人为董事会。 本次股东大会的召开符合有关法律、行政法规、部门规章、规范性文件和《公 司章程》的规定，除本通知外，会议的召开无需有关部门批准或履行必要的程序。 （三）会议召开的合法性、合规性 本次会议的召集、召集人、召开时间及方式等符合《公司法》等法律、法规 及《公司章程》的规定。本次会议召开不需要相关部门批准或履行程序。 （四）会议召开方式 本次会议采用现场投票和网络投票相结合方式召开。 公司同一股东应选择现场投票、网络投票中的一种方式，如果同一表决权 出现重复投票表决的，以第一次投票表决结果为准。 （五）会议召开日期和时间 1、现场会议召开时间：2024 年 9 月 13 ...

证券代码：838701 证券简称：豪声电子 公告编号：2024-066 浙江豪声电子科技股份有限公司 第三届董事会第十四次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2024 年 8 月 23 日 2.会议召开地点：浙江省嘉兴市嘉善县惠民街道钱塘江路 8 号公司会议室 3.会议召开方式：现场方式 4.发出董事会会议通知的时间和方式：2024 年 8 月 13 日以通讯方式发出 5.会议主持人：董事长徐瑞根先生 6.会议列席人员：公司监事会成员及其他高级管理人员 7.召开情况合法、合规、合章程性说明： 本次会议的召集、召开、议案审查表决程序符合法律、法规和《公司章程》 的规定。 （二）会议出席情况 会议应出席董事 9 人，出席和授权出席董事 9 人。 二、议案审议情况 （一）审议通过《关于公司 2024 年半年度报告及半年度报告摘要的议案》 1.议案内容： 根据相关法律、法规及《公司章程》的规定，公司编制完成了《2024 年半 ...

证券代码：838701 证券简称：豪声电子 公告编号：2024-067 浙江豪声电子科技股份有限公司 第三届监事会第十二次会议决议公告 本公司及监事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2024 年 8 月 23 日 2.会议召开地点：浙江省嘉兴市嘉善县惠民街道钱塘江路 8 号公司会议室 3.会议召开方式：现场方式 4.发出监事会会议通知的时间和方式：2024 年 8 月 13 日 以通讯方式发出 5.会议主持人：监事会主席徐芳女士 6.召开情况合法、合规、合章程性说明： 本次会议的召集、召开、议案审查表决程序符合法律、法规和《公司章程》 的规定。 （二）会议出席情况 会议应出席监事 3 人，出席和授权出席监事 3 人。 二、议案审议情况 （一）审议通过《关于公司 2024 年半年度报告及半年度报告摘要的议案》 1.议案内容： 根据相关法律、法规及《公司章程》的规定，公司编制完成了《2024 年半 年度报告》及《2024 年半年度报告摘要》。 ...

（一）实际募集资金金额、资金到位情况 2023 年 5 月 30 日，中国证券监督管理委员会出具《关于同意浙江豪声电子 科技股份有限公司向不特定合格投资者公开发行股票注册的批复》（证监许可 〔2023〕1179 号），同意公司向不特定合格投资者公开发行股票的注册申请。2023 年 7 月 13 日，北京证券交易所出具《关于同意浙江豪声电子科技股份有限公司 股票在北京证券交易所上市的函》（北证函〔2023〕299 号），经批准，公司股票 于 2023 年 7 月 19 日在北京证券交易所上市。 公司采用公开发行股票的方式向不特定投资者共计发行人民币普通股（A 股）24,500,000 股,每股发行价格 8.80 元，募集资金总额人民币 215,600,000.00 元，扣除不含增值税发行费用人民币 22,880,691.90 元，实际募集资金净额为人 民币 192,719,308.10 元。截至 2023 年 7 月 6 日，上述募集资金已全部到账并经 立信会计师事务所（特殊普通合伙）审验，出具了《验资报告》（信会师报字〔2023〕 第 ZF11009 号）。 证券代码：838701 证券简称：豪声电子 公告编 ...

证券代码：838701 证券简称：豪声电子 公告编号：2024-068 浙江豪声电子科技股份有限公司 关于召开 2024 年第一次临时股东大会通知公告（提供网络投票） 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开基本情况 （一）股东大会届次 本次会议为 2024 年第一次临时股东大会。 （二）召集人 本次股东大会的召集人为董事会。 本次股东大会的召开符合有关法律、行政法规、部门规章、规范性文件和《公 司章程》的规定，除本通知外，会议的召开无需有关部门批准或履行必要的程序。 （三）会议召开的合法性、合规性 本次会议的召集、召集人、召开时间及方式等符合《公司法》等法律、法规 及《公司章程》的规定。本次会议召开不需要相关部门批准或履行程序。 （四）会议召开方式 本次会议采用现场投票和网络投票相结合方式召开。 公司同一股东应选择现场投票、网络投票中的一种方式，如果同一表决权 出现重复投票表决的，以第一次投票表决结果为准。 （五）会议召开日期和时间 1、现场会议召开时间：2024 年 9 月 13 ...