Group 1 - The board meeting of Hunan Xiangyou Technology Co., Ltd. was held on August 26, 2025, in compliance with the Company Law and Articles of Association [1][2] - The meeting reviewed the 2025 semi-annual report and its summary, which had been approved by the board's audit committee prior to the meeting [1] - The voting results for the semi-annual report were unanimous, with 9 votes in favor and no votes against or abstaining [1] Group 2 - The board also reviewed the proposal for the "2025 Strategic Performance Assessment Method" which was approved by the board's strategy committee before being submitted to the meeting [2] - The voting results for the strategic performance assessment proposal were also unanimous, with 9 votes in favor and no votes against or abstaining [2]

Group 1 - The meeting of the Supervisory Board was held in accordance with the Company Law and the Articles of Association, with proper notification procedures followed [1][2] - The meeting was conducted via remote voting, with all three supervisors participating in the vote [1] - The Supervisory Board unanimously approved the 2025 Half-Year Report and its summary, with 3 votes in favor and no votes against or abstaining [1] Group 2 - The Supervisory Board confirmed that the preparation and review process of the 2025 Half-Year Report and summary complied with all legal and regulatory requirements [2] - The content and format of the report met the standards set by the China Securities Regulatory Commission and the stock exchange, accurately reflecting the company's operational management and financial status for the first half of 2025 [2] - The summary of the Half-Year Report was published on August 27, 2025, in major financial newspapers, while the full report is available on the Shanghai Stock Exchange website [2]

湖南湘邮科技股份有限公司2025 年半年度报告 重要提示 湖南湘邮科技股份有限公司2025 年半年度报告 公司代码：600476 公司简称：湘邮科技 湖南湘邮科技股份有限公司 2025 年半年度报告 1 / 163 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。 三、 本半年度报告未经审计。 四、 公司负责人董志宏、主管会计工作负责人刘明阳及会计机构负责人（会计主管人员）祝建 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 本报告期，公司不进行利润分配，也不进行公积金转增股本。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者理性投资，并注意投资风险。 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 ...

Group 1 - The core viewpoint of the news highlights the financial performance and stock activity of Xiangyou Technology, indicating a positive trend in revenue and profit growth [1] - As of August 13, 2025, Xiangyou Technology's stock closed at 18.75 yuan, with a 1.13% increase and a trading volume of 794,000 hands, amounting to 148 million yuan in transaction value [1] - The company reported total revenue of 101 million yuan for Q1 2025, representing a year-on-year growth of 25.20%, and a net profit of 5.55 million yuan, up 171.49% year-on-year [1] Group 2 - Xiangyou Technology has made investments in 6 companies and participated in 729 bidding projects, showcasing its active engagement in the market [2] - The company holds 67 trademark registrations and 33 patents, indicating a strong focus on intellectual property [2] - Xiangyou Technology has 3 administrative licenses, reflecting its compliance and operational capabilities [2]

湘邮科技最新一期业绩显示，截至2025一季报，公司营业总收入1.01亿元、同比增长25.20%，归属净利 润555.33万元，同比增长171.49%，扣非净利润537.67万元，同比增长369.98%，流动比率0.580、速动比 率0.479、资产负债率87.81%。 天眼查商业履历信息显示，湖南湘邮科技股份有限公司，成立于2000年，位于长沙市，是一家以从事电 信、广播电视和卫星传输服务为主的企业。企业注册资本16107万人民币，实缴资本7378.2524万人民 币。公司法定代表人为董志宏。 通过天眼查大数据分析，湖南湘邮科技股份有限公司共对外投资了6家企业，参与招投标项目726次，知 识产权方面有商标信息67条，专利信息33条，此外企业还拥有行政许可3个。 金融界消息 截至2025年7月30日收盘，湘邮科技（600476）报收于18.37元，上涨0.33%，换手率 5.37%，成交量8.65万手，成交金额1.58亿元。 来源：金融界 资金流向方面，今日主力资金净流入1016.38万元，占比成交额6.43%。其中，超大单净流入192.28万 元、占成交额1.22%，大单净流入824.11万元、占成交额5.2 ...

Group 1 - The A-share mobile payment sector is experiencing a significant upward trend, with notable stocks such as Shengyibao hitting the daily limit increase [1] - Xiaogoods City has risen over 7%, indicating strong market interest and investor confidence in the sector [1] - Other companies like Hengbao Co., Xiangyou Technology, and Kela Software are also seeing gains, reflecting a broader positive movement in the mobile payment industry [1]

Core Viewpoint - Hunan Xiangyou Technology Co., Ltd. expects a net loss for the first half of 2025, with projected losses improving compared to the same period last year [2][3][8] Group 1: Performance Forecast - The company anticipates a net profit attributable to shareholders of the parent company to be between -4.5 million and -3 million yuan for the first half of 2025 [2][3] - The expected net profit, after deducting non-recurring gains and losses, is projected to be between -4.76 million and -3.26 million yuan [4][8] - This performance forecast is based on preliminary calculations by the company's finance department and has not been audited by a registered accountant [5][10] Group 2: Comparison with Previous Year - In the same period last year, the net profit attributable to shareholders was -4.9083 million yuan, and the net profit after deducting non-recurring gains and losses was -10.3653 million yuan [6] - The company reported a loss per share of -0.030 yuan in the previous year [7] Group 3: Reasons for Expected Loss - The expected loss is attributed to a 30% increase in overall revenue compared to the previous year, but a significant decline of 33% in software revenue, which has a higher gross margin [8] - Despite improvements in operational performance due to enhanced market development and cost control, the company remains in a loss position due to market cycles and the pace of business expansion [8] - The company aims to continue promoting high-quality development and accelerate business expansion in the second half of 2025 to achieve better operational results [8]

[Current Period Performance Forecast](index=1&type=section&id=Current%20Period%20Performance%20Forecast) The company expects a net loss for H1 2025, with attributable net profit between -4.5 million and -3.0 million yuan, and non-recurring adjusted net profit between -4.76 million and -3.26 million yuan 2025 Semi-Annual Performance Forecast | Indicator | Estimated Amount (RMB) | | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | -4.5 million to -3.0 million yuan | | Net Profit Attributable to Parent Company Shareholders After Non-Recurring Items | -4.76 million to -3.26 million yuan | - This performance forecast, applicable to a net loss scenario, remains unaudited by a certified public accountant[2](index=2&type=chunk)[7](index=7&type=chunk) [Prior Period Operating Performance and Financial Status](index=2&type=section&id=Prior%20Period%20Operating%20Performance%20and%20Financial%20Status) In the same period of 2024, the company reported a net loss attributable to parent company shareholders of 4.9083 million yuan, a non-recurring adjusted net loss of 10.3653 million yuan, and basic earnings per share of -0.030 yuan 2024 Semi-Annual Performance Review | Indicator | Amount (RMB) | | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | -4.9083 million yuan | | Net Profit Attributable to Parent Company Shareholders After Non-Recurring Items | -10.3653 million yuan | | Earnings Per Share | -0.030 yuan | [Primary Reasons for Current Period Pre-Loss](index=2&type=section&id=Primary%20Reasons%20for%20Current%20Period%20Pre-Loss) Despite a 30% increase in overall revenue for H1 2025, a 33% decline in high-margin software revenue led to continued losses, though improved market expansion and cost control efforts narrowed the loss compared to the prior year - The company's semi-annual overall revenue increased by **30%** year-over-year, but a **33%** decline in higher-margin software revenue is the core reason for the loss[10](index=10&type=chunk) - Through enhanced market development and cost control, operating performance has improved year-over-year, with an anticipated narrowing of the loss[10](index=10&type=chunk) [Risk Warning and Other Explanations](index=2&type=section&id=Risk%20Warning%20and%20Other%20Explanations) The company emphasizes that this performance forecast is a preliminary internal financial assessment, unaudited by a certified public accountant, and investors should refer to the official 2025 semi-annual report for final data and be aware of investment risks - This performance forecast represents a preliminary calculation by the company's finance department based on its professional judgment, and has not yet been audited by a certified public accountant[11](index=11&type=chunk) - The precise financial data will be based on the company's officially disclosed 2025 semi-annual report, and investors are advised to be aware of investment risks[13](index=13&type=chunk)

Core Viewpoint - The company, Hunan Xiangyou Technology Co., Ltd., has responded to the Shanghai Stock Exchange's inquiry regarding its 2024 annual report, detailing its revenue and gross margin trends across various business segments, particularly in the postal industry and other sectors. Revenue and Gross Margin Analysis - From 2022 to 2024, the company's revenue from the postal industry was 572 million, 417 million, and 481 million CNY, with corresponding gross margins of 10.72%, 44.17%, and 41.39% respectively, indicating a significant revenue increase but a decline in gross margin [1][2]. - The gross margins for system integration, software development, and operation maintenance in 2024 were 16.78%, 40.19%, and 11.51%, with year-on-year changes of -12.92, +17.64, and -6.14 percentage points respectively [1][3]. Client and Supplier Information - The company is required to disclose detailed information about its top ten clients and suppliers for 2023 to 2024, including their names, relationships, establishment dates, registered capital, personnel scale, transaction types, amounts, and payment statuses [2][3]. - The company has been actively exploring and expanding its business in sectors such as smart logistics, research institutions, rail transit, and finance, focusing on software development, product sales, system integration, data center construction, and data analysis services [3]. Industry Trends and Comparisons - The postal industry has seen an increase in equipment procurement by approximately 22.37 million CNY, a growth of 17.97%, while the platform operation services, particularly in aggregated payment, have risen by about 33.15 million CNY, reflecting an 11.86% increase [2][25]. - The company has achieved breakthroughs in expanding its business into external industries, particularly in software development and system integration, leading to higher gross margins in these sectors compared to the postal industry [25]. Accounting Practices - The company employs different accounting methods for revenue recognition, using the net method for external industry revenues, which significantly impacts the gross margin levels compared to the postal sector [25]. - The gross margin for the postal industry was 11.04% and 10.60% in the last two years, while for non-postal industries, it was 41.39% and 12.27%, indicating a substantial difference in profitability [25].

Core Viewpoint - The company, Hunan Xiangyou Technology Co., Ltd., is under scrutiny from the Shanghai Stock Exchange regarding its 2024 annual report, particularly focusing on its revenue and profit margins across different business segments, including postal and other industries [1]. Financial Performance - From 2022 to 2024, the company's revenue from the postal industry was 572 million, 417 million, and 481 million yuan, with corresponding gross margins of 10.72%, 11.04%, and 11.11% [1]. - Revenue from other industries was 11 million, 166 million, and 48 million yuan, with a significant decline in gross margin but still remaining high [1]. Customer and Supplier Relationships - The company is required to disclose detailed information about its top ten customers and suppliers in the other industries for 2023 to 2024, including names, relationships, establishment dates, registered capital, personnel scale, transaction types, amounts, and balances [1]. - The company has established partnerships in various sectors such as smart logistics, research institutions, rail transit, and finance, focusing on software development, product sales, system integration, data center construction, and data analysis services [2]. Revenue Changes and Analysis - The company must explain the reasons for changes in postal industry revenue, considering cost structures, order changes, and customer dynamics, as well as the reasons for the decline in gross margin in other industries despite being higher than that of the postal industry [1][21]. - The increase in postal group equipment procurement volume rose by approximately 22.37 million yuan, a growth of 17.97%, and the volume of aggregated payment services in platform operations increased by about 33.15 million yuan [21]. Project Collaborations - The company is involved in the "Zhihui Kangkang Multi-Functional Terminal" project in collaboration with Tianjin Membrane Technology Co., Ltd., which serves as the general contractor, while the company acts as an intermediary service provider [8][9]. - The project includes various functionalities such as operational information release, advertising, air quality management, public health, and edge computing [8]. Accounting Practices - The company adopts the net method for revenue recognition in the Zhihui Kangkang Multi-Functional Terminal project, which aligns with the commercial substance and accounting standards [9][20]. - The revenue from the project is recognized based on the completion of installation and acceptance, with a total confirmed revenue of 51.60 million yuan as of December 2024 [9]. Future Outlook - The company is actively planning to implement the Shanghai Metro Line 8 People's Square Station environmental control system project, which involves software and hardware integration [14][16]. - The project is expected to follow a phased payment structure, with a total project cycle of 10 months [14].