Financial Performance - The company reported a net loss attributable to shareholders of RMB 188,854,556.25 for the fiscal year 2024[4]. - The company's operating revenue for 2024 was CNY 2,645,884,960.86, a decrease of 9.15% compared to CNY 2,912,311,480.01 in 2023[15]. - The net profit attributable to shareholders of the listed company was -CNY 188,854,556.25 in 2024, improving from -CNY 237,862,230.10 in 2023[15]. - The net cash flow from operating activities decreased to -CNY 265,274,734.11 in 2024, compared to -CNY 65,851,054.62 in 2023[15]. - The total assets at the end of 2024 were CNY 5,320,807,895.66, down 3.97% from CNY 5,540,955,892.33 at the end of 2023[15]. - The net assets attributable to shareholders of the listed company decreased by 5.72% to CNY 3,114,294,647.60 at the end of 2024[15]. - Basic earnings per share for 2024 were -CNY 0.2067, compared to -CNY 0.2603 in 2023[17]. - Non-recurring gains and losses totaled CNY 13,414,834.55 in 2024, down from CNY 19,147,281.51 in 2023[24]. - The company reported a total operating revenue of RMB 2.645885 billion, with a total loss of RMB 124.622 million and a net loss of RMB 141.4328 million[29]. R&D and Innovation - The company maintained high R&D investment, with R&D expenses increasing during the reporting period[17]. - The company invested approximately RMB 260 million in R&D, achieving a research and development intensity of 9.9%[31]. - The company applied for 92 patents in 2024, including 64 invention patents, and received 68 authorized patents, of which 36 were invention patents[31]. - The company has achieved significant technological innovation, with 6 research projects recognized for their achievements, including a project reaching domestic leading and international advanced levels[61]. - The total R&D expenditure for the current period is approximately CNY 262.18 million, accounting for 9.91% of the operating revenue[89]. - The company has a total of 710 R&D personnel, representing 27.16% of the total workforce[89]. - In 2024, the company plans to advance 66 R&D projects, including key projects related to industrial internet and intelligent operation decision-making technologies[95]. Market and Competition - The company faced intense market competition, leading to a decline in operating revenue and gross profit in its intelligent manufacturing and power communication businesses[17]. - The company is focusing on the development of smart transportation, safe city business clusters, and expanding into smart rail transit and energy storage power supply sectors[50]. - The company is actively expanding its market presence in the fields of smart manufacturing and industrial internet, enhancing its service capabilities[56]. - The company has established partnerships with several universities to enhance innovation in smart manufacturing and AI technologies[62]. - The company is focusing on accelerating industrial transformation and upgrading in response to market changes[65]. Corporate Governance and Compliance - The company has a commitment to ensure the accuracy and completeness of its annual report, with all board members present at the meeting[4]. - The financial statements were prepared in accordance with Chinese accounting standards and comply with the disclosure requirements of the Hong Kong Stock Exchange[4]. - The company has not engaged in any non-operational fund occupation by controlling shareholders or related parties[4]. - There are no violations of decision-making procedures regarding external guarantees[4]. - The company has confirmed that related party transactions were conducted under fair and reasonable terms, adhering to regulatory agreements[197]. - The company has complied with environmental laws and regulations, producing an ESG report covering its management policies and goals for the year 2024[198]. Future Outlook and Goals - The company plans not to distribute profits or increase capital reserves for the year 2024, considering its operational plans and funding needs for 2025[4]. - The company aims to enhance its information management capabilities by upgrading its OA system and optimizing its SAP-ERP system[34]. - The company aims to deepen its focus on key areas, enhance R&D capabilities, and strengthen market expansion to capture historical opportunities in smart manufacturing[115]. - The company targets a revenue goal of 120 million yuan in the green service-oriented electronic manufacturing sector, focusing on key clients like BSH[156]. - For 2025, the company sets a revenue goal of RMB 280 million and a total profit of RMB 11.5 million, considering macroeconomic conditions and industry status[161].

Financial Performance - The company's operating revenue for Q1 2025 was approximately ¥405.74 million, a decrease of 16.17% compared to ¥484.00 million in the same period last year[2]. - The net profit attributable to shareholders was a loss of approximately ¥35.28 million, an improvement from a loss of ¥45.92 million in the previous year[2]. - The net cash flow from operating activities was a negative ¥13.71 million, compared to a negative ¥22.99 million in the same period last year[2]. - Total revenue for Q1 2025 was CNY 405.74 million, a decrease of 16.2% compared to CNY 484.00 million in Q1 2024[22]. - Total operating costs for Q1 2025 were CNY 475.36 million, down 15% from CNY 558.40 million in Q1 2024[22]. - Operating income for Q1 2025 was CNY 405.74 million, with a gross profit margin of approximately 15.5%[22]. - The net profit for the first quarter of 2025 was -22,635,691.07 RMB, an improvement from -34,980,470.90 RMB in the same period of 2024, representing a 35.5% reduction in losses[25]. - The total comprehensive income for the first quarter was -22,635,691.07 RMB, compared to -34,980,470.90 RMB in the previous year, indicating a significant decrease in losses[25]. - Basic and diluted earnings per share for the first quarter were both -0.0386 RMB, an improvement from -0.0503 RMB in the same quarter of 2024[25]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥5.10 billion, down 4.13% from ¥5.32 billion at the end of the previous year[3]. - Current assets totaled CNY 3.50 billion as of March 31, 2025, down from CNY 3.73 billion at the end of 2024[18]. - Total liabilities as of March 31, 2025, were CNY 1.73 billion, compared to CNY 1.93 billion at the end of 2024[20]. - The company's equity attributable to shareholders was CNY 3.08 billion as of March 31, 2025, a slight decrease from CNY 3.11 billion at the end of 2024[20]. - Cash and cash equivalents were CNY 753.61 million as of March 31, 2025, compared to CNY 757.64 million at the end of 2024[18]. - The ending cash and cash equivalents balance was 684,585,465.21 RMB, down from 1,001,263,284.05 RMB in the previous year[27]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 67,175[8]. - Hong Kong Central Clearing (Agent) holds 243,474,507 shares, accounting for 26.64% of the total issued shares[10]. - Panda Electronics Group holds 210,661,444 shares, representing 23.05% of the total shares[10]. - The actual controller, China Electronics, holds 29.98% of the company's shares through its subsidiary[10]. - Panda Group pledged 105,091,430 shares, which is 49.89% of its holdings and 11.50% of the total share capital[11]. - As of the report date, the company does not know of any other shareholders holding more than 5% of the issued share capital[10]. Cash Flow and Investments - The company's cash flow from investing activities decreased by 83.10%, reflecting reduced cash inflows from financial products and time deposits[6]. - The net cash flow from investing activities was 38,986,634.33 RMB, a decrease from 230,637,612.84 RMB in the same quarter of 2024[27]. - Investment income for Q1 2025 was CNY 39.38 million, an increase from CNY 37.56 million in Q1 2024[22]. - The company recorded a fair value gain of 160.64% in financial products compared to the previous period[6]. Operational Challenges - The company experienced a significant decrease in operating income due to reduced orders in information network equipment, smart manufacturing, and power and communication businesses[5]. - Research and development expenses for Q1 2025 were CNY 55.25 million, slightly down from CNY 56.01 million in Q1 2024[22]. - Cash inflow from operating activities totaled 723,622,354.13 RMB, down from 802,221,146.42 RMB in the first quarter of 2024, reflecting a decrease of approximately 9.8%[26]. - Cash outflow from operating activities was 737,330,102.44 RMB, compared to 825,208,459.91 RMB in the previous year, indicating a reduction of about 10.6%[26]. - The company has ongoing litigation with Jiangsu Jinmao Robot Technology Co., Ltd., with no court decision made yet[15]. Future Plans - The company plans to sell materials and provide subcontracting services to related companies with an estimated annual transaction amount of up to RMB 100 million[13]. - The company expects to recover at least RMB 250 million from the sale of a 49% stake in ENC to Ericsson, pending necessary approvals[14]. - The company is actively promoting the implementation of the equity disposal, which may face uncertainties due to ongoing negotiations[15]. Financial Reporting - The financial statements for the quarter ending March 31, 2025, are unaudited[17].

Financial Performance - The company reported a basic earnings per share of -0.0386 yuan for Q1 2025, an improvement of 23.26% compared to -0.0503 yuan in Q1 2024 [1] - The total revenue for Q1 2025 was 4.06 billion yuan, down 16.12% from 4.84 billion yuan in Q1 2024 [1] - The net profit for Q1 2025 was -0.35 billion yuan, showing a 23.91% improvement from -0.46 billion yuan in Q1 2024 [1] - The return on equity was -1.14% in Q1 2025, slightly worse than -1.10% in Q1 2024 [1] Shareholder Structure - The top ten unrestricted shareholders hold a total of 52,273.05 million shares, accounting for 57.19% of the circulating shares, with an increase of 885.39 million shares compared to the previous period [1] - The largest shareholder, Hong Kong Central Clearing (Agent) Co., Ltd., holds 24,347.45 million shares, representing 26.64% of the total share capital, with an increase of 36.48 million shares [2] - New entrants among the top shareholders include He Chi and Wang Zebin, while Chen Jianhua, Du Yongkang, and Guangfa CSI 1000 ETF have exited the top ten [2] Dividend Policy - The company has announced that it will not distribute dividends or transfer shares this time [3]

证券代码：600775 证券简称：南京熊猫 公告编号：临 2025-014 南京熊猫电子股份有限公司 关于为子公司融资提供担保额度的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： 被担保人名称：南京华格电汽塑业有限公司，公司之子公司 本次担保金额及已实际为其提供的担保余额：本次公司为南京华格电汽 塑业有限公司总额不超过人民币 3,000 万元融资提供担保，期间自 2024 年年度 股东大会结束之次日起至 2025 年年度股东大会召开之日止。截至公告日，公司 实际为子公司提供的担保余额是人民币 779.09 万元，其中为南京华格电汽塑业 有限公司提供的担保余额是人民币 755.10 万元，均在股东大会批准总额范围内。 一、担保情况概述 （一）担保基本情况 经南京熊猫电子股份有限公司（以下简称"公司"）2023 年年度股东大会 批准的公司为子公司南京熊猫通信科技有限公司、南京华格电汽塑业有限公司 （以下简称"华格电汽"）、成都熊猫电子科技有限公司融资提供担保的有效期 将于 2024 年年度股东大会召开之日届满 ...

Core Viewpoint - The recent financial reports from ten display companies indicate varied performance, with some companies showing significant growth while others face declines in revenue and profit margins [1]. Group 1: Company Performance - BOE Technology Group reported revenue of 125.61 billion RMB, a 25% increase year-on-year, but a net profit decline of 18% to 3.65 billion RMB [3][5]. - Xinli International achieved revenue of 166.63 billion RMB, up 14.4%, with net profit increasing by 14.9% to 2.82 billion RMB, driven by smartphone business growth [6][8]. - Deep Textile reported revenue of 33.35 billion RMB, an 8.3% increase, and net profit of 89.37 million RMB, up 12.75% [10]. - Lens Technology saw revenue rise to 698.97 billion RMB, a 28.27% increase, with net profit of 36.24 billion RMB, up 19.94% [12]. - Puyang Huicheng's revenue was 14.11 billion RMB, a modest 2.31% increase, but net profit fell by 18.53% to 1.92 billion RMB [14]. - Landai Technology reported revenue of 35.35 billion RMB, a 25.93% increase, and a significant net profit increase of 134.04% to 1.24 billion RMB [16][18]. - Kaisheng Technology's revenue decreased by 2.32% to 48.94 billion RMB, while net profit rose by 30.76% to 1.4 billion RMB [19][20]. - Nanjing Panda reported a revenue decline of 9.15% to 26.46 billion RMB, with a net loss of 14.14 million RMB [21][24]. - Tiande Yu achieved a revenue of 21.02 billion RMB, a 73.88% increase, with net profit rising by 143.61% to 2.75 billion RMB [25][26]. - GoerTek reported revenue of 1009.5 billion RMB, a 2.41% increase, with net profit soaring by 144.93% to 2.67 billion RMB [27][29]. Group 2: Industry Trends - The display materials industry is undergoing a restructuring, with OLED materials demand increasing due to the growth of OLED panel production [14]. - The touch display panel industry is recovering, with traditional consumer products showing signs of rebound, particularly in automotive and large-size displays [18]. - The demand for smart devices, including VR/MR and wearables, is driving growth in the precision components and smart hardware sectors [29].

Financial Performance - The company reported a net loss attributable to shareholders of RMB 188,854,556.25 for the fiscal year 2024[5]. - Operating revenue fell by 9.15% year-on-year to approximately CNY 2.65 billion in 2024[30]. - Net profit attributable to shareholders was a loss of approximately CNY 202.27 million, compared to a loss of CNY 257.01 million in the previous year, showing an improvement[30]. - Cash flow from operating activities showed a significant decline, with a net outflow of approximately CNY 265.27 million in 2024[30]. - The company reported a total profit of CNY -124,621,998.16, an improvement from CNY -173,745,083.99 in the previous period[113]. - The total comprehensive income for the current period was -CNY 230,120,431.66 RMB, reflecting a decrease in overall profitability[140]. Revenue and Segments - The total operating revenue for the company reached approximately CNY 2,645,884,960.86, with the Smart Transportation and Safe City segment contributing CNY 1,293,947,769.97 and the Green Service Type Electronic Manufacturing segment contributing CNY 1,292,466,435.35[149]. - The revenue from smart factories and system engineering was approximately CNY 111.5 million, with a year-over-year decrease of 17.20%[55]. - Revenue from smart manufacturing core components decreased by 19.69% year-over-year, totaling around CNY 45 million, with a gross margin of -35.95%[55]. - The revenue from smart transportation was CNY 575.2 million, reflecting a year-over-year increase of 7.90% and a gross margin of 25%[55]. - The total revenue from electronic manufacturing services was CNY 1.23 billion, down 9.92% year-over-year, with a gross margin of 9.37%[55]. Investment and R&D - Research and development expenses increased during the reporting period to adapt to market and customer demand changes[32]. - The company reported a total R&D expenditure of CNY 262.2 million, accounting for 9.91% of total revenue, with 710 R&D personnel representing 27.16% of the total workforce[60][68]. - The company is committed to maintaining high levels of R&D investment to accelerate industrial transformation and upgrade, despite the impact on net profit[48]. - The company is advancing 66 R&D projects, including key technologies for intelligent operation decision-making in manufacturing enterprises[68]. Assets and Liabilities - Total assets decreased by 3.97% year-on-year to approximately CNY 5.32 billion in 2024[30]. - The company's total assets decreased from RMB 5.541 billion to RMB 5.321 billion, a reduction of approximately 3.97%[101]. - Total liabilities decreased from 1,963,919,385.99 to 1,931,188,750.83, a decrease of approximately 1.7%[104]. - The company's cash and bank deposits total RMB 758 million as of December 31, 2024[1]. - The total current assets decreased from RMB 3.904 billion at the beginning of the period to RMB 3.730 billion at the end of the period, representing a decline of approximately 4.45%[100]. Market and Industry Trends - The electronic information manufacturing industry in China saw a value-added growth of 11.8% in 2024, outperforming the overall industrial and high-tech manufacturing sectors by 6 and 2.9 percentage points respectively[12]. - The total operating revenue of the electronic information manufacturing industry reached RMB 16.19 trillion in 2024, a year-on-year increase of 7.3%[12]. - The fixed asset investment in the electronic information manufacturing industry grew by 12% year-on-year in 2024, indicating robust investment momentum[12]. - By the end of 2024, the number of 5G base stations built in China reached 4.25 million, supporting the digital transformation of the manufacturing sector[14]. Strategic Focus and Future Plans - The company focuses on three main business areas: smart transportation and safe cities, industrial internet and smart manufacturing, and green service-oriented electronic manufacturing[20]. - The company aims to enhance its market competitiveness through strategic adjustments and new product developments in response to changing market demands[48]. - The company plans to enhance its market competitiveness through strategic adjustments and new product developments in response to changing market demands[48]. - The company aims to improve operational efficiency and reduce costs in the upcoming fiscal year[140]. Shareholder and Ownership Structure - The number of ordinary shareholders increased to 74,662 by the end of the reporting period[36]. - The largest shareholder, Hong Kong Central Clearing (Agent), held 26.60% of shares, while Panda Electronics Group held 23.05%[39]. - The actual controller of the company, China Electronics, holds a total of 29.98% of shares through subsidiaries[40]. Compliance and Governance - The company has established an audit committee that reviewed the financial reports for the first half of 2024 and the audited financial reports for 2024[96]. - The company has complied with the disclosure requirements of the Hong Kong Stock Exchange regarding related party transactions[94]. - The company has appointed Da Xin Accounting Firm as its auditor for the year 2024, with a remuneration cap of RMB 2.48 million[87].

关于南京熊猫电子股份有限公司 非经营性资金占用及其他关联资金往来情况 汇总表的专项审计报告 目 录 委托单位：南京熊猫电子股份有限公司 审计单位：大信会计师事务所（特殊普通合伙） 联系电话：025-51802011 附表 2 关于南京熊猫电子股份有限公司 单位：万元 | | | 占用方与上市 | 上市公司 | 2024 | 年期 | 占用累计 | | 2024 | 年 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 度 2024 年期 | | | | | | | | | | | | 金 | 资金占用方 | | 占用形成 | | | 占用资 | | | | | | 非经营性资金占用 | | | 公司的关联关 | 核算的会 | | 初占用资 | 发生金额 | | | | | 偿还累计 | 末占用资 | | 占用性质 | | | | | | | | | 名称 | | | | | | 的利息(如 | | | | | | 原因 | | 系 | 计科目 | 金余额 | | (不含利 | | 发生金额 | | 金 | | 余 ...

南京熊猫电子股份有限公司 事，本人根据《公司法》《证券法》《上市公司独立董事管理办法》等法律法规 和《南京熊猫电子股份有限公司章程》（以下简称"《公司章程》"）《南京熊 猫电子股份有限公司独立董事制度》等有关规定，勤勉、忠实地履行职责，积极、 认真地出席会议，谨慎、恰当地行使权利，中肯、客观地发表意见，充分发挥经 验及专长，在公司规范运作和重大经营决策等方面做了许多工作，切实维护了公 司整体和全体股东利益。现将 2024 年度履职情况报告如下： 一、独立董事的基本情况 根据中国证监会、上海证券交易所、香港联交所等有关规定，本人确认符合 独立性的要求，不存在影响独立性的情况，并向公司发出关于独立性的自查报告。 二、独立董事年度履职情况 （一）董事会及股东会出席情况 参加股 参加董事会情况 东会情 况 本年应参 亲自 以通讯 是否连续两 出席股 委托出 缺席次 董事姓名 加董事会 出席 方式参 次未亲自参 东会的 席次数 数 次数 次数 加次数 加会议 次数 朱维驯 16 16 0 0 0 否 3 作为公司独立董事，在相关会议召开前，本人详细审阅了会议文件和做出决 策所需要的资料。会上认真审议每个议题，积极参与讨 ...

爱立信拟以特定现金购买对价购买公司和其他 ENC 中方股东持有的 ENC49% 的股权。该交易尚需获得必要的批准并受制于各方就本次交易详细条款的讨论结 果。 根据爱立信信息，公司预计将可收回不少于约人民币 2.50 亿元的金额，实 际金额以国有产权专项审计评估及挂牌交易后确定的金额为准。公司于 2023 年 度财务报表中对 ENC 长期股权投资全额计提减值，金额为人民币 2.30 亿元。如 果完成此次 ENC 股权处置，预计将会对公司交易完成当年产生正面影响。 上述目标的达成还需各方能够就详细条款达成一致并于 2025 年 9 月之前完 成交易。公司以及 ENC 其他中方股东拟以符合国有资产管理规定的价格，通过 国有产权挂牌程序或其它合法可行的方式处置 ENC 股权。股权处置的后续实施， 尚需 ENC 中方股东和爱立信继续磋商有关细节和相关事项等，并需各方履行各 自的决策流程以及正在协商中的其他条件。如上所述，公司尚需履行国有资产管 理的相关程序，以及其他必要的流程和程序等，上述事项都有可能对股权处置的 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确 ...

| 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | -0.2067 | -0.2603 | 20.59 | 0.0436 | | 每股净资产（元） | 0 | 3.61 | -100 | 3.89 | | 每股公积金(元) | 1.61 | 1.61 | 0 | 1.61 | | 每股未分配利润(元) | 0.46 | 0.67 | -31.34 | 0.97 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 26.46 | 29.12 | -9.13 | 41.54 | | 净利润(亿元) | -1.89 | -2.38 | 20.59 | 0.4 | | 净资产收益率(%) | -5.89 | -6.92 | 14.88 | 1.14 | 数据四舍五入，查看更多财务数据>> 二、前10名无限售条件股东持股情况 一、主要会计数据和财务指标 | 名称 持有数量(万股) | | 占总股本比 | 增减情况 | | --- | - ...