同方股份有限公司2025 年半年度报告 公司代码：600100 公司简称：同方股份 同方股份有限公司 2025 年半年度报告 1 同方股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真 实性、准确性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连 带的法律责任。 二、 公司全体董事出席董事会会议，其中董事付永杰先生因工作原因委托董事李成 富先生出席了本次会议。 三、 本半年度报告未经审计。 四、 公司负责人韩泳江、主管会计工作负责人夏涛及会计机构负责人（会计主管人 员）周海英声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无。 六、 前瞻性陈述的风险声明 √适用 □不适用 本公司2025年半年度报告涉及的公司未来计划等内容不构成公司对投资者的实 质承诺，请投资者注意投资风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性 ...

| 股票代码：600100 | 股票简称：同方股份 | | | 公告编号：临 | 2025-027 | | --- | --- | --- | --- | --- | --- | | 债券代码：253351 | 债券简称：23 | 同方 | K1 | | | | 债券代码：253464 | 债券简称：23 | 同方 | K2 | | | | 债券代码：253674 | 债券简称：24 | 同方 | K1 | | | | 债券代码：256001 | 债券简称：24 | 同方 | K2 | | | | 债券代码：256597 | 债券简称：24 | 同方 | K3 | | | 同方股份有限公司 关于 2025 年半年度计提资产减值准备的公告 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。 同方股份有限公司（以下简称"公司"）第九届董事会第十八次会议及第九届监事会 第九次会议审议通过了《关于 2025 年半年度计提资产减值准备的议案》。公司根据《企业 会计准则》及公司会计政策的相关规定，对应收款项、合同资产、存货等计提了资产减值 准 ...

Group 1 - The Shanghai Intelligent Transportation Index (H50035) increased by 1.97%, closing at 2032.52 points with a trading volume of 24.764 billion yuan [1] - The index has risen by 11.80% over the past month, 14.94% over the past three months, and 18.87% year-to-date [1] - The index series reflects the performance of listed companies influenced by changes in economic and consumption structures during the urbanization process, focusing on themes such as intensive, intelligent, and green low-carbon development [1] Group 2 - The top ten weighted companies in the Shanghai Intelligent Transportation Index include SAIC Motor (10.86%), Hongfa Technology (8.6%), Aerospace Electronics (8.53%), and others [1] - The index is composed entirely of companies listed on the Shanghai Stock Exchange, with a 100% representation [1] - The sample industries of the index show that consumer discretionary accounts for 29.67%, information technology for 29.62%, industrials for 29.11%, and communication services for 11.60% [2] Group 3 - The index sample is adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December [2] - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [2] - Companies that are delisted or undergo mergers, acquisitions, or splits are handled according to specific calculation and maintenance guidelines [2]

人民财讯8月20日电，据同方股份（600100）消息，8月19日，上海市人民检察院咨询委员会主任盛勇强 一行到访同方股份，就数字检察业务开展合作交流。与会人员围绕人工智能、大数据、大模型在检察业 务应用与数字检察建设等任务进行了充分交流。 ...

Core Viewpoint - On August 19, a new consumer complaint was registered against Tongfang Co., Ltd. regarding a quality issue with a computer purchased online [1] Company Overview - Tongfang Co., Ltd. was established on June 25, 1997, and is located at Tsinghua Tongfang Technology Building, Wangzhuang Road 1, Haidian District, Beijing [1] - The company primarily engages in internet and related services, with a registered capital of 3,350,297,713 RMB [1] - The legal representative of the company is Han Yongjiang [1] Complaint Details - A consumer identified as Lei** (mobile number ending in 2957, user ID ****7330) reported a potential quality issue with a computer purchased on August 11, 2025, via Taobao [1] - The complaint was resolved on August 19, 2025, either through mutual agreement or withdrawal by the complainant [1] - The handling department for the complaint was the Haidian District Market Supervision Administration in Beijing [1]

8月18日，ST尔雅上涨5.08%登上龙虎榜，连续三个交易日内，涨幅偏离值累计达到12%的ST证券、*ST 证券和未完成股改证券，知名游资卖出。 本文源自：金融界 龙虎榜显示，买入前五合计买入2140.74万元，卖出前五合计卖出2957.76万元，净额-817.01万元。 作者：智投君 其中，华泰证券股份有限公司泉州津淮街证券营业部、国泰海通证券股份有限公司总部、中信证券（山 东）有限责任公司青岛秦岭路证券营业部分别买入538.72万元、408.38万元、402.46万元。 中国国际金融股份有限公司上海分公司、瑞银证券有限责任公司上海花园石桥路证券营业部、国泰海通 证券股份有限公司总部分别卖出883.63万元、617.36万元、522.53万元。 买入金额最大的前5名营业部 买入额/万 卖出额/万 净额/万 华泰证券股份有限公司泉州津淮街证券营业 部 538.72 0.00 538.72 国泰海通证券股份有限公司总部 408.38 0.00 408.38 中信证券（山东）有限责任公 司青岛秦岭路证券营业部 402.46 0.00 402.46 华鑫证券有限责任公司上海分公司 396.38 0.00 396.3 ...

Core Viewpoint - The 2025 ShanghaiRanking's Academic Ranking of World Universities (ARWU) has been released, showcasing the academic performance of 1,000 leading research universities globally, with a notable increase in the number of Chinese universities on the list, reflecting their growing academic strength and international influence [4][14]. Summary by Sections Global Rankings - Harvard University retains the top position for the 23rd consecutive year, followed by Stanford University and Massachusetts Institute of Technology [8][9]. - In the Asia-Pacific region, Tsinghua University ranks 18th globally, maintaining its status as the top university in Asia [8][10]. Chinese Universities Performance - A total of 222 universities from mainland China made the list, an increase of 19 from the previous year, surpassing the United States, which has 183 universities [14][15]. - Thirteen Chinese universities are in the global top 100, with Tsinghua University rising to 18th, Peking University to 23rd, and Zhejiang University to 24th [14][19]. Notable Rankings of Chinese Universities - Tsinghua University: 18th (up 4 places) - Peking University: 23rd (up 1 place) - Zhejiang University: 24th (up 3 places) - Shanghai Jiao Tong University: 30th (up 8 places) - University of Science and Technology of China: 40th (up 2 places) - Fudan University: 41st (up 9 places) [14][19]. Growth of New Entrants - 22 universities from mainland China made their debut in the rankings, including Guangxi Normal University and Tianjin University of Technology, indicating a rise in academic standards [4][14]. Comparison with Other Regions - China has 13 universities in the top 100, second only to the United States, which has 37 [14][15]. - The number of Chinese universities in the top 500 is 113, while the total number in the top 1,000 is 244 [15][16]. Development of "Double First Class" Universities - Among the 101 universities in the global top 500 from mainland China, 83 are classified as "Double First Class," with significant advancements noted for Tongji University and Xiamen University, which entered the top 150 for the first time [18].

Core Viewpoints - The home appliance sector is expected to show steady growth in domestic sales despite the diminishing effects of national subsidies, with a return to stable growth anticipated in the second half of 2025 [3][25] - The valuation of the home appliance industry remains at a low level, with the industry index PE (TTM) at 14.45X, placing it at the 39.0 percentile since 2020 [13] - The report maintains an "outperform" rating for the home appliance sector, highlighting the resilience of major appliances and the recovery of small appliances [1][3] Summary by Sections 1. Overall Market Performance - In the first half of 2025, the home appliance sector slightly underperformed the market, with the sector index down 1.2% compared to the Shanghai and Shenzhen 300 index, which remained stable [10] - The home appliance sector's valuation is at a five-year low, with significant growth in home appliance components, which saw a rise of over 17% [10][11] 2. White Goods - Domestic sales of white goods benefited from national subsidy policies, showing strong resilience, with a projected steady growth in the second half of 2025 despite a slowdown in growth rates [4][19] - Major brands like Midea, Haier, Gree, and Hisense are recommended for investment due to their strong market positions and global production capabilities [4][17] 3. Black Goods - The black goods segment, particularly televisions, is experiencing stable demand with a shift towards Mini LED technology and decreasing panel prices, which are expected to enhance profitability for leading companies [40][44] - The domestic retail volume of televisions increased by 1.8% in the first half of 2025, with retail revenue growing by 7.5% [44] 4. Kitchen Appliances - The kitchen appliance sector is seeing a recovery in demand, particularly for traditional cooking appliances, driven by national subsidies, with retail sales of range hoods and gas stoves showing significant growth [53][54] - The overall demand for kitchen appliances is expected to stabilize as the effects of national subsidies wane, with a focus on the recovery of the real estate market to support future growth [55][57] 5. Small Appliances - The small appliance market, particularly kitchen appliances, is witnessing a notable recovery, with retail sales reaching 31.9 billion yuan, a year-on-year increase of 9.3% [65] - The demand for new cleaning products, such as robotic vacuum cleaners, has surged, with sales increasing by over 40% due to national subsidies [68][66] 6. Technology Integration - Leading home appliance companies are focusing on their strengths and expanding into emerging application areas, such as smart home technology and AI products, which are expected to drive long-term growth [4][28]

Group 1 - The Shanghai Intelligent Transportation Index (H50035) rose by 0.44% to 1892.42 points, with a trading volume of 17.419 billion yuan [1] - The index has increased by 8.14% over the past month, 10.83% over the past three months, and 12.35% year-to-date [1] - The index series reflects the performance of listed companies influenced by changes in economic and consumption structures during the urbanization process, focusing on themes such as intensive, intelligent, and green low-carbon development [1] Group 2 - The top ten weighted companies in the Shanghai Intelligent Transportation Index include SAIC Motor (10.39%), Hongfa Technology (9.56%), Aerospace Electronics (9.15%), and others [1] - The index is composed entirely of companies listed on the Shanghai Stock Exchange, with a 100% representation [1] - The industry composition of the index sample shows that industrial companies account for 31.00%, consumer discretionary for 29.43%, information technology for 28.24%, and communication services for 11.33% [2] Group 3 - The index sample is adjusted biannually, with changes implemented on the next trading day following the second Friday of June and December [2] - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [2] - Companies that are delisted or undergo mergers, acquisitions, or splits are handled according to specific calculation and maintenance guidelines [2]

Group 1 - The core viewpoint of the news is that Tongfang Co., Ltd. has experienced a significant decline in revenue and net profit in the latest financial report, indicating potential challenges ahead for the company [1] - As of August 12, 2025, Tongfang's stock price closed at 7.56 yuan, with a slight increase of 0.27% and a trading volume of 31.41 million shares, amounting to a total transaction value of 2.37 billion yuan [1] - The company reported total operating revenue of 2.019 billion yuan for the first quarter of 2025, a year-on-year decrease of 31.20%, while the net profit attributable to shareholders was 287.60 million yuan, down 80.80% year-on-year [1] Group 2 - The company's non-recurring net profit was 325.01 million yuan, showing a year-on-year increase of 49.70%, indicating some operational resilience despite overall declines [1] - Tongfang has made investments in 50 enterprises and participated in 5,000 bidding projects, showcasing its active engagement in the market [2] - The company holds 425 trademark registrations and 506 patents, along with 36 administrative licenses, reflecting its commitment to intellectual property and regulatory compliance [2]