关于召开 2025 年半年度业绩说明会的公告 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： 大唐电信科技股份有限公司（以下简称"公司"）已于 2025 年 8 月 22 日发 布公司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半 年度经营成果、财务状况，公司计划于 2025 年 9 月 22 日（星期一）下午 14:00-15:00 举行 2025 年半年度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 年半年度的经营 成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范 围内就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 （一）会议召开时间：2025 年 9 月 22 日（星期一）下午 14:00-15:00 证券代码：600198 证券简称：大唐电信 公告编号：2025-033 大唐电信科技股份有限公司 四、投资者参加方式 （一）投资者可在 2025 年 9 月 22 日（星 ...

Core Viewpoint - Datang Telecom Technology Co., Ltd. reported a challenging first half of 2025, with a revenue of 275 million yuan and a net loss of 81.17 million yuan, indicating the need for strategic focus on core business and market resilience [1] Financial Performance - The company achieved an operating income of 275 million yuan in the first half of the year [1] - The total profit amounted to a loss of 64.69 million yuan [1] - The net profit attributable to shareholders was a loss of 81.17 million yuan [1] - The net profit after deducting non-recurring gains and losses was a loss of 84.63 million yuan [1] Strategic Focus - Datang Telecom continues to implement its "secure chip + special communication" strategic layout, aiming to enhance corporate health [1] - The company adheres to the guiding principles of focusing on core business, seeking growth, strengthening momentum, promoting vitality, honing internal skills, and improving quality [1] Market Position and Resilience - Despite a slight decline in revenue, the company demonstrated operational resilience amid industry pressures, with a year-on-year increase in contract amounts [1] - The secure chip business maintained a stable market share and improved product competitiveness, navigating multiple market pressures [1] - The special communication business is focused on product market penetration and strengthening core product competitiveness [1]

Core Insights - The core viewpoint of the article highlights the financial performance of Datang Telecom (600198) for the first half of 2025, indicating a decline in revenue and net profit, alongside significant changes in various financial metrics [1] Financial Performance Summary - Total revenue for the first half of 2025 was 275 million yuan, a decrease of 3.32% compared to 2024 [1] - The net profit attributable to shareholders was -81.17 million yuan, down 31.31% year-on-year [1] - In Q2 2025, total revenue was 218 million yuan, showing a slight increase of 1.07% year-on-year, while net profit was -7.42 million yuan, a significant decline of 158.54% [1] - The gross margin improved to 51.5%, an increase of 14.66% year-on-year, while the net margin fell to -23.28%, a decrease of 76.51% [1] - Total receivables increased by 18.06% to 903 million yuan, with receivables accounting for 3235.6% of net profit [1][8] Cash Flow and Debt Analysis - Cash and cash equivalents decreased by 47.47%, attributed to cash outflows exceeding inflows during the reporting period [3] - Interest-bearing liabilities surged by 337.74% to 1.258 billion yuan, indicating a significant increase in debt levels [1] - The net cash flow from investing activities increased by 46.9%, due to reduced capitalized R&D expenditures [6] Expense and Profitability Metrics - Total expenses (sales, management, and financial) amounted to 85.94 million yuan, representing 31.23% of revenue, an increase of 12.73% year-on-year [1] - Financial expenses rose by 253.06%, primarily due to increased interest expenses from new borrowings [5] - The company reported a negative operating cash flow per share of -0.13 yuan, an improvement of 10.13% year-on-year [1] Business Model and Historical Performance - The company's return on invested capital (ROIC) was 7.9% last year, with a historical median ROIC of 4.86% over the past decade, indicating weak investment returns [7] - The company has experienced eight years of losses since its listing, suggesting a generally poor financial track record [7] - The business model relies heavily on R&D and marketing, necessitating a thorough examination of the underlying drivers of these activities [7]

证券日报网讯 8月21日晚间，大唐电信发布公告称，公司第九届监事会第四次会议审议通过了《关于及 摘要的议案》《关于的议案》。 （文章来源：证券日报） ...

Core Viewpoint - Datang Telecom announced the approval of multiple proposals during the eighth meeting of its ninth board of directors on the evening of August 21 [2] Group 1 - The company held its eighth meeting of the ninth board of directors [2] - Several proposals were reviewed and approved during the meeting [2]

Group 1 - Xiamen Tungsten's revenue for the first half of 2025 reached 19.178 billion yuan, an increase of 11.75% year-on-year [1] - Xiamen Tungsten's net profit attributable to shareholders decreased by 4.37% year-on-year to 972 million yuan [1] - Xiamen Tungsten plans to distribute a cash dividend of 1.84 yuan per 10 shares [1] Group 2 - Sinopec's revenue for the first half of 2025 was 1.41 trillion yuan, a decrease of 10.6% year-on-year [1][2] - Sinopec's net profit attributable to shareholders fell by 39.8% year-on-year to 21.483 billion yuan [1][2] - Sinopec's basic earnings per share were 0.177 yuan [1] Group 3 - Xinhua Department Store's revenue for the first half of 2025 was 3.254 billion yuan, a decrease of 0.99% year-on-year [3][4] - Xinhua Department Store's net profit attributable to shareholders decreased by 2.52% year-on-year to 86.08 million yuan [3][4] - Xinhua Department Store plans to distribute a cash dividend of 1 yuan per 10 shares [3] Group 4 - Huaqin Technology's revenue for the first half of 2025 reached 516 million yuan, an increase of 6.44% year-on-year [5][6] - Huaqin Technology's net profit attributable to shareholders decreased by 32.45% year-on-year to 146 million yuan [5][6] - Huaqin Technology plans to distribute a cash dividend of 1.3 yuan per 10 shares [5] Group 5 - Tianhao Energy's revenue for the first half of 2025 was 1.372 billion yuan, a decrease of 32.15% year-on-year [7] - Tianhao Energy's net profit attributable to shareholders decreased by 32.08% year-on-year to 69.01 million yuan [7] - Tianhao Energy's basic earnings per share were 0.0798 yuan [7] Group 6 - Wanliyang's revenue for the first half of 2025 reached 2.812 billion yuan, an increase of 2.69% year-on-year [8][9] - Wanliyang's net profit attributable to shareholders increased by 50.24% year-on-year to 277 million yuan [8][9] - Wanliyang's basic earnings per share were 0.21 yuan [8] Group 7 - Kede CNC's revenue for the first half of 2025 was 295 million yuan, an increase of 15.24% year-on-year [10] - Kede CNC's net profit attributable to shareholders increased by 1.27% year-on-year to 49.06 million yuan [10] - Kede CNC's basic earnings per share were 0.4582 yuan [10] Group 8 - Saifutian's revenue for the first half of 2025 reached 1.06 billion yuan, an increase of 62.41% year-on-year [11] - Saifutian achieved a net profit of 3.08 million yuan, recovering from a loss of 12.49 million yuan in the previous year [11] - Saifutian's basic earnings per share were 0.01 yuan [11] Group 9 - Funeng's revenue for the first half of 2025 was 6.369 billion yuan, a decrease of 4.44% year-on-year [13][14] - Funeng's net profit attributable to shareholders increased by 12.48% year-on-year to 1.337 billion yuan [13][14] - Funeng plans to distribute a cash dividend of 0.73 yuan per 10 shares [13] Group 10 - Ningbo Shipping reported a net loss of 39.23 million yuan for the first half of 2025 [15][16] - Ningbo Shipping's revenue for the first half of 2025 was 1.157 billion yuan, an increase of 11.33% year-on-year [15][16] - Ningbo Shipping's basic earnings per share were a loss of 0.0325 yuan [15] Group 11 - Samsung Medical's revenue for the first half of 2025 reached 7.972 billion yuan, an increase of 13.93% year-on-year [17][18] - Samsung Medical's net profit attributable to shareholders increased by 6.93% year-on-year to 1.23 billion yuan [17][18] - Samsung Medical plans to distribute a cash dividend of 4.85 yuan per 10 shares [17] Group 12 - Huiding Technology's revenue for the first half of 2025 was 2.251 billion yuan, a decrease of 0.20% year-on-year [20] - Huiding Technology's net profit attributable to shareholders increased by 35.74% year-on-year to 431 million yuan [20] - Huiding Technology plans to distribute a cash dividend of 0.15 yuan per share [20] Group 13 - Baihua Pharmaceutical's revenue for the first half of 2025 reached 202 million yuan, an increase of 2.95% year-on-year [21] - Baihua Pharmaceutical's net profit attributable to shareholders increased by 12.45% year-on-year to 25.48 million yuan [21] - Baihua Pharmaceutical's basic earnings per share were 0.0663 yuan [21] Group 14 - Stanley's revenue for the first half of 2025 was 6.391 billion yuan, an increase of 12.66% year-on-year [22][23] - Stanley's net profit attributable to shareholders increased by 18.9% year-on-year to 607 million yuan [22][23] - Stanley plans to distribute a cash dividend of 0.45 yuan per 10 shares [22] Group 15 - Duoli Technology's revenue for the first half of 2025 reached 1.734 billion yuan, an increase of 13.15% year-on-year [24] - Duoli Technology's net profit attributable to shareholders decreased by 28.13% year-on-year to 157 million yuan [24] - Duoli Technology's basic earnings per share were 0.51 yuan [24] Group 16 - Datang Telecom reported a net loss of 81.17 million yuan for the first half of 2025 [25][26] - Datang Telecom's revenue for the first half of 2025 was 275 million yuan, a decrease of 3.32% year-on-year [25][26] - Datang Telecom's basic earnings per share were a loss of 0.0623 yuan [25] Group 17 - Niuwei Co.'s revenue for the first half of 2025 reached 3.404 billion yuan, an increase of 19.96% year-on-year [27][28] - Niuwei Co.'s net profit attributable to shareholders increased by 30.44% year-on-year to 637 million yuan [27][28] - Niuwei Co. plans to distribute a cash dividend of 5.8 yuan per 10 shares [27] Group 18 - ST Zhiyun reported a net loss of 106 million yuan for the first half of 2025 [29][30] - ST Zhiyun's revenue for the first half of 2025 was 89.13 million yuan, a decrease of 63.59% year-on-year [29][30] - ST Zhiyun's basic earnings per share were a loss of 0.37 yuan [29] Group 19 - Huace Testing's revenue for the first half of 2025 reached 2.96 billion yuan, an increase of 6.05% year-on-year [31] - Huace Testing's net profit attributable to shareholders increased by 7.03% year-on-year to 467 million yuan [31] - Huace Testing plans to distribute a cash dividend of 0.5 yuan per 10 shares [31] Group 20 - Taixiang's revenue for the first half of 2025 was 219 million yuan, an increase of 6.57% year-on-year [32] - Taixiang's net profit attributable to shareholders increased by 16.12% year-on-year to 25.30 million yuan [32] - Taixiang's basic earnings per share were 0.2533 yuan [32] Group 21 - Huayi Technology applied for a credit line of up to 165 million yuan from HSBC [33][34] - Huayi Technology will use real estate as collateral for the credit line [33][34] Group 22 - Hengong Precision plans to use up to 70 million yuan of idle raised funds for cash management [35][36] - Hengong Precision will invest in high-security, high-liquidity products with a term not exceeding 12 months [35][36] Group 23 - Tianhe's financial assistance to its associate company has not been repaid [37] - Tianhe provided 243,200 yuan in financial assistance to its associate company [37] Group 24 - Spring and Autumn Electronics' revenue for the first half of 2025 reached 1.926 billion yuan, an increase of 2.62% year-on-year [38] - Spring and Autumn Electronics' net profit attributable to shareholders increased by 248.44% year-on-year to 93.31 million yuan [38] - Spring and Autumn Electronics' basic earnings per share were 0.21 yuan [38] Group 25 - Kingsoft Office's revenue for the first half of 2025 was 2.657 billion yuan, an increase of 10.12% year-on-year [39][40] - Kingsoft Office's net profit attributable to shareholders increased by 3.57% year-on-year to 747 million yuan [39][40] Group 26 - Yanjinpuzi's revenue for the first half of 2025 reached 2.941 billion yuan, an increase of 19.58% year-on-year [41] - Yanjinpuzi's net profit attributable to shareholders increased by 16.70% year-on-year to 373 million yuan [41] Group 27 - Muyuan's revenue for the first half of 2025 was 76.463 billion yuan, an increase of 34.46% year-on-year [43][44] - Muyuan's net profit attributable to shareholders increased by 1169.77% year-on-year to 10.53 billion yuan [43][44] - Muyuan plans to distribute a cash dividend of 9.32 yuan per 10 shares [43][44] Group 28 - Tianwei Food is planning to issue H-shares and apply for listing on the Hong Kong Stock Exchange [45][46] Group 29 - Alloy Investment's shareholder plans to reduce their stake by no more than 3% [47] - Alloy Investment's shareholder plans to sell up to 11.5531 million shares [47] Group 30 - Rongzhi Rixin's controlling shareholder plans to reduce their stake by no more than 3% [48] - Rongzhi Rixin's controlling shareholder plans to sell up to 1.2318 million shares [48] Group 31 - Yijiahe's shareholders plan to reduce their stake by no more than 2% [49] - Yijiahe's shareholders plan to sell up to 409.72 million shares [49] Group 32 - Dongfeng Group adjusted the upper limit of its share repurchase price to 6.28 yuan per share [50] Group 33 - Jingu's revenue for the first half of 2025 reached 2.123 billion yuan, an increase of 10.04% year-on-year [51] - Jingu's net profit attributable to shareholders increased by 45.36% year-on-year to 30.27 million yuan [51] Group 34 - Yibai Pharmaceutical reported a net loss of 19.9 million yuan for the first half of 2025 [52] - Yibai Pharmaceutical's revenue for the first half of 2025 was 999 million yuan, a decrease of 14.99% year-on-year [52] Group 35 - Yonghui Supermarket reported a net loss of 241 million yuan for the first half of 2025 [53] - Yonghui Supermarket's revenue for the first half of 2025 was 29.948 billion yuan, a decrease of 20.73% year-on-year [53] Group 36 - Suotong Development's net profit increased by 1568.52% year-on-year to 523 million yuan [54] - Suotong Development's revenue for the first half of 2025 was 8.306 billion yuan, an increase of 28.28% year-on-year [54]

Core Viewpoint - Datang Telecom reported a decline in revenue and an increase in net loss for the first half of 2025 compared to the previous year [1] Financial Performance - The company's operating revenue for the first half of 2025 was 275 million yuan, representing a year-on-year decrease of 3.32% [1] - The net profit attributable to shareholders of the listed company was -81.17 million yuan, compared to -61.82 million yuan in the same period last year [1] - Basic earnings per share were -0.0623 yuan per share [1]

Group 1 - The core viewpoint of the article is that 大唐电信 (Datang Telecom) reported a decline in revenue and a significant net loss for the first half of 2025 [1] Group 2 - The company achieved an operating revenue of 275 million yuan, representing a year-on-year decrease of 3.32% [1] - The net loss attributable to shareholders of the listed company was 81.1745 million yuan [1] - The net loss attributable to shareholders after deducting non-recurring gains and losses was 84.6298 million yuan [1] - The basic loss per share was 0.0623 yuan [1]

Group 1 - The core viewpoint of the article is that Datang Telecom (600198) reported a decline in revenue and a significant net loss for the first half of 2025 [1] Group 2 - The company achieved an operating income of 275 million yuan, representing a year-on-year decrease of 3.32% [1] - The net profit attributable to the parent company was a loss of 81.17 million yuan [1] - The basic earnings per share were reported at -0.0623 yuan [1]

Group 1 - The core viewpoint of the article is that Datang Telecom held its eighth meeting of the ninth board of directors on August 20, 2025, to review the company's semi-annual report for 2025 and related documents [1] - For the year 2024, Datang Telecom's revenue composition is as follows: special communications (information communication security) accounts for 52.52%, integrated circuit design accounts for 44.38%, and other businesses account for 3.1% [1] - As of the time of reporting, Datang Telecom has a market capitalization of 11.9 billion yuan [1]