证券代码：600355 证券简称：*ST 精伦 公告编号：临 2025-029 精伦电子股份有限公司 股票交易异常波动公告 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。 确认不存在应披露而未披露的重大信息，包括但不限于重大资产重组、股份发行、重大交 易类事项、业务重组、股份回购、股权激励、破产重整、重大业务合作、引进战略投资者 等重大事项。 （三）媒体报道、市场传闻、热点概念情况 重要内容提示： 一、股票交易异常波动的具体情况 公司股票于 2025 年 8 月 12 日、8 月 13 日、8 月 14 日连续三个交易日内收盘价格涨幅 偏离值累计超过 12%，根据《上海证券交易所股票上市规则》的有关规定，属于股票交易 异常波动情形。 二、公司关注并核实的相关情况 针对公司股票异常波动情况，本公司对有关事项进行了核查，并书面函证了公司控股 股东及实际控制人，现将有关情况说明如下： （一）生产经营情况 经公司自查，本公司及控股子公司生产经营正常，市场环境或行业政策没有发生重大 变化，不存在应披露而未披露的重大信息。 （二）重大事项 ...

Group 1 - The core viewpoint of the news is that *ST Jinglun (600355) has shown a positive stock performance with a 5.0% increase, reflecting significant trading activity and a notable net inflow of funds [1] - As of August 14, 2025, *ST Jinglun's stock closed at 3.36 yuan, with a trading volume of 149,500 lots and a transaction amount of 50.05 million yuan [1] - The company reported a total operating revenue of 82.66 million yuan for the first half of 2025, representing a year-on-year growth of 23.45%, while the net profit attributable to shareholders decreased by 1.66% to 20.44 million yuan [1] Group 2 - The company has a current liquidity ratio of 0.827 and a quick ratio of 0.556, indicating its short-term financial health [1] - The debt-to-asset ratio stands at 58.37%, suggesting a moderate level of financial leverage [1] - Jinglun Electronics has made investments in 12 companies and participated in 112 bidding projects, showcasing its active engagement in business development [2]

Group 1 - The stock of *ST Jinglun has experienced a significant increase, with three limit-up days recorded within four trading days, resulting in a cumulative increase of 18.73% and a turnover rate of 26.49% [2] - As of August 10, the number of shareholders has decreased to 47,055, down by 655 from the previous period, marking the eighth consecutive decline, indicating a trend of concentrated shares [2] - The company's semi-annual report revealed a total operating revenue of 0.83 billion, representing a year-on-year growth of 23.45%, while the net profit was -0.20 billion, a decline of 1.66% compared to the previous year [2] Group 2 - The stock's trading performance showed a daily increase of 2.56% on August 13, with a turnover rate of 13.56% and a net outflow of 2,063.66 million in main funds [2] - On August 12, the stock rose by 5.05% with a turnover rate of 4.04% and a net inflow of 1,633.93 million in main funds [2] - The stock's performance on August 11 included a 4.95% increase, a turnover rate of 7.12%, and a net inflow of 2,001.52 million in main funds [2]

Group 1 - The core point of the article highlights the recent performance and financial metrics of *ST Jinglun (600355), noting a stock price increase of 2.56% to 3.2 yuan as of August 13, 2025, with a trading volume of 667,200 hands and a transaction amount of 212 million yuan [1] - The company reported total operating revenue of 82.66 million yuan for the first half of 2025, reflecting a year-on-year growth of 23.45%, while the net profit attributable to shareholders decreased by 1.66% to 20.44 million yuan [1] - The liquidity ratios for the company are reported as a current ratio of 0.827 and a quick ratio of 0.556, with a debt-to-asset ratio of 58.37% [1] Group 2 - Jinglun Electronics Co., Ltd. was established in 1994 and is located in Wuhan, primarily engaged in the manufacturing of computers, communications, and other electronic devices [2] - The company has made investments in 12 enterprises and has participated in 112 bidding projects, holding 35 trademark registrations and 207 patents, along with 10 administrative licenses [2]

Market Overview - The Shanghai Composite Index closed at 3683.46 points, above the six-month moving average, with an increase of 0.48% [1] - The total trading volume of A-shares reached 21,752.11 billion yuan [1] Stocks Breaking the Six-Month Moving Average - A total of 63 A-shares have surpassed the six-month moving average today [1] - Notable stocks with significant deviation rates include: - Guanggang Gas with a deviation rate of 10.02% - Fuan Energy at 9.12% - Tenglong Co. at 8.88% [1] Detailed Stock Performance - The following stocks showed notable performance: - Guanggang Gas: Today's increase of 13.13% with a turnover rate of 13.67% [1] - Fuan Energy: Increased by 10.04% with a turnover rate of 1.43% [1] - Tenglong Co.: Increased by 10.06% with a turnover rate of 7.65% [1] - Other stocks with smaller deviation rates include: - Guangshen Railway, Luopus Gold, and Chahua Co., which have just crossed the six-month line [1]

Core Insights - *ST Jinglun reported a revenue of 82.66 million yuan for the first half of 2025, marking a year-on-year growth of 23.45% [2][3] - The company has achieved double-digit growth for the second consecutive year since revenue recovery began in 2024 [2][3] - The intelligent manufacturing segment, particularly the enterprise-level cloud server business, has emerged as a significant growth driver [3] Revenue Performance - In Q2 2025, the company generated 63.70 million yuan in revenue, reflecting a substantial increase of 70.4% year-on-year [3] - Intelligent manufacturing products accounted for 61.75% of total revenue, generating 51.04 million yuan, with notable growth in enterprise-level cloud server equipment integration and delivery [3][4] Contractual Agreements - The company signed a procurement contract worth 230 million yuan for server equipment, which has already contributed approximately 45 million yuan in revenue during the reporting period [3][4] Business Structure and Diversification - The intelligent manufacturing business includes a range of products such as servo control systems for industrial and household sewing equipment, production management systems, and IoT applications [4] - The commercial intelligent terminal and software services segments have also maintained stable operations, focusing on areas like ID reading devices and IoT charging products [5] Financial Health - Accounts receivable surged to 51.28 million yuan, up 433.88% from the beginning of the period, driven by increased sales [5] - Contract liabilities rose to 19.68 million yuan, a year-on-year increase of 276.16%, indicating strong customer demand [5] Cost Management - The company has effectively controlled operating expenses, with sales expenses down 1.54%, management expenses down 8.52%, and R&D expenses down 18.58% [5] - Despite a reduction in R&D investment, it remains at a relatively high level of 11.99 million yuan [5]

Core Viewpoint - *ST Jinglun (600355) reported a revenue increase but continued to incur losses in its 2025 mid-year financial report, indicating challenges in profitability despite higher sales [1]. Financial Performance Summary - Total operating revenue reached 82.66 million yuan, a year-on-year increase of 23.45% [1]. - Net profit attributable to shareholders was -20.44 million yuan, a decline of 1.66% year-on-year [1]. - In Q2, operating revenue was 63.70 million yuan, up 70.45% year-on-year, while net profit attributable to shareholders was -10.66 million yuan, an increase of 2.11% year-on-year [1]. Key Financial Ratios - Gross margin was 15.75%, down 32.00% year-on-year [1]. - Net margin was -24.73%, an improvement of 17.65% year-on-year [1]. - Total selling, administrative, and financial expenses amounted to 16.28 million yuan, accounting for 19.69% of revenue, a decrease of 22.97% year-on-year [1]. Asset and Liability Changes - Cash and cash equivalents decreased by 39.33% due to increased cash payments for raw material purchases [3]. - Accounts receivable increased by 206.59%, reflecting a rise in sales revenue [1][8]. - Interest-bearing liabilities rose by 30.96% [1]. Other Financial Metrics - Earnings per share remained at -0.04 yuan, a slight decrease of 2.44% year-on-year [1]. - Operating cash flow per share was -0.03 yuan, down 53.80% year-on-year [1]. - The company has a historical median ROIC of -12.39%, indicating poor investment returns [13]. Recommendations for Monitoring - Attention is advised on the company's cash flow situation, with cash and cash equivalents to current liabilities ratio at 17.69% [14]. - Monitoring of accounts receivable is recommended due to negative net profit attributable to shareholders [14].

Group 1 - The core point of the article highlights the recent performance of *ST Jinglun (600355), which closed at 3.12 yuan, marking a 5.05% increase with a turnover rate of 4.04% and a trading volume of 198,600 hands, amounting to 61.93 million yuan [1] - The company reported total operating revenue of 82.66 million yuan for the first half of 2025, reflecting a year-on-year growth of 23.45%, while the net profit attributable to shareholders decreased by 1.66% to 20.44 million yuan [1] - The company's liquidity ratios are reported as a current ratio of 0.827 and a quick ratio of 0.556, with a debt-to-asset ratio of 58.37% [1] Group 2 - Jinglun Electronics Co., Ltd. was established in 1994 and is located in Wuhan, primarily engaged in the manufacturing of computers, communications, and other electronic devices [2] - The company has made investments in 12 enterprises and participated in 112 bidding projects, holding 35 trademark registrations and 207 patents, along with 10 administrative licenses [2]

Core Viewpoint - *ST Jinglun reported a revenue of 82,662,889.98 yuan for H1 2025, representing a year-on-year increase of 23.45%, but still incurred a net loss of 20,444,429.54 yuan, slightly higher than the previous year's loss of 20,110,193.32 yuan [2][3] Financial Performance - Revenue for the first half of 2025 was 82,662,889.98 yuan, up from 66,959,395.85 yuan in the same period last year, marking a 23.45% increase [3] - The total profit for the period was a loss of 20,276,173.31 yuan, compared to a loss of 19,908,945.22 yuan in the previous year [3] - The net loss attributable to shareholders was 20,444,429.54 yuan, compared to a loss of 20,110,193.32 yuan in the same period last year [3] - The net loss after deducting non-recurring gains and losses was 20,547,913.55 yuan, slightly higher than the previous year's loss of 20,441,628.19 yuan [3] - The net cash flow from operating activities was -12,677,673.51 yuan, worsening from -8,242,892.42 yuan in the previous year [3] - As of the end of H1 2025, total assets were 266,331,203.72 yuan, a 4.1% increase from 255,844,146.74 yuan at the end of the previous year [3] - The net assets attributable to shareholders decreased to 112,054,641.11 yuan, down 15.43% from 132,499,070.65 yuan at the end of the previous year [3] Business Development - The company benefited from an increase in the range of smart manufacturing products, signing a procurement contract worth 230 million yuan with a data technology company for enterprise-level cloud server equipment integration, testing, and delivery [4] - Approximately 45 million yuan of this contract was delivered during the reporting period, and the smart manufacturing products are expected to positively impact the company's performance for the current and future periods [4] Loss Analysis - The primary reason for the losses in the first half of 2025 was that the overall gross profit was insufficient to cover the period expenses [5] - The basic loss per share was reported at 0.042 yuan [5]

Group 1 - The company has not proposed a profit distribution plan or a capital reserve transfer plan for the reporting period [1] - The board of directors and senior management guarantee the authenticity, accuracy, and completeness of the semi-annual report [1] - The semi-annual report has not been audited [1] Group 2 - The company signed a procurement contract for enterprise-level cloud server equipment with a total amount of 230 million yuan, with approximately 45 million yuan delivered during the reporting period [3] - The new category of intelligent manufacturing products is expected to have a positive impact on the company's operating performance for the current and future periods [3] Group 3 - The board of directors unanimously approved the semi-annual report and its summary during the sixth meeting of the ninth board [4][5] - The board also approved revisions to the information disclosure management system and the management system for shareholders, directors, and senior management personnel holding company shares [6][7] - A new management system for the deferral and exemption of information disclosure was also established [8][9]