证券代码：600636 证券简称：*ST 国化 公告编号：2025-036 国新文化控股股份有限公司 关于参加 2025 年上海辖区上市公司集体接待日 暨中报业绩说明会的公告 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： 为进一步加强与投资者的互动交流，国新文化控股股份有限公司（以下简 称"公司"）将参加由中国证券监督管理委员会上海监管局指导、上海上市公 司协会及深圳市全景网络有限公司联合举办的"2025 年上海辖区上市公司集 体接待日暨中报业绩说明会"。届时公司董事、高管将在线就公司 2025 年中 报业绩、公司治理、发展战略、经营状况和可持续发展等投资者关心的问题， 与投资者进行沟通与交流。现将相关事项公告如下： 一、说明会类型 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （https://rs.p5w.net/html/175611728073329.shtml），或关注微信公众号 (名称:全景财经)，或下载全景路演 APP，参与本次互动交流。 1、召开时间：2025 年 9 月 1 ...

Core Viewpoint - Shanghai Huayi San Aifu New Materials Co., Ltd. (San Aifu) has established an electronic materials division targeting the strategic emerging field of fluorinated electronic materials, coinciding with 3M's exit from the fluorochemical market, which presents a significant opportunity for domestic semiconductor material development [1][4]. Group 1: Company Overview - San Aifu, a core platform under Huayi Group, has a history dating back to 1958, primarily focusing on fluorinated fine chemicals and high-performance fluoropolymer materials, holding a significant market share in China's fluorochemical sector [1][2]. - The company reported a revenue of 5.29 billion yuan and a net profit of 344 million yuan in 2023, with projected revenues of 4.619 billion yuan and a net profit of 253 million yuan for 2024, attributed to market fluctuations in fluoropolymer products [2]. Group 2: Strategic Developments - The establishment of the electronic materials division is a strategic upgrade for San Aifu, leveraging over 60 years of fluorochemical technology to enter the high-end electronic materials market [2][7]. - San Aifu has made significant progress in technology commercialization, with its self-developed polyimide materials achieving a production capacity in the thousand-ton range and applications in domestic display panel enterprises [4][6]. Group 3: Market Position and Opportunities - The demand for fluorinated materials in semiconductor manufacturing is increasing, particularly in cooling applications, with the liquid cooling market in China projected to reach 128.32 billion yuan by 2025, where immersion cooling will account for over 40% [1][4]. - The exit of 3M from the semiconductor cooling agent market, where it held a 90% share, provides a valuable market opportunity for domestic companies like San Aifu to fill the gap [4][7]. Group 4: Synergies and Future Outlook - The formation of the electronic materials division enhances Huayi Group's competitiveness in high-end new materials, with a dual-driven strategy combining basic chemicals and advanced materials [5][6]. - San Aifu's fluorochemical products complement Huayi Group's existing businesses, potentially reducing costs and increasing product value, which is expected to contribute stable and significant returns to the listed company [6][7].

Financial Performance - Company *ST Guohua reported a significant increase in both revenue and net profit for the first half of 2025, with total revenue reaching 115 million yuan, a year-on-year increase of 69.77% [1] - The net profit attributable to shareholders was 6.97 million yuan, marking a year-on-year increase of 118.96% [1] - In Q2 2025, total revenue was 78.32 million yuan, up 67.65% year-on-year, while net profit for the same period was 15.23 million yuan, reflecting a substantial increase of 210.99% [1] Profitability Metrics - The gross margin for the company was 73.28%, a slight decrease of 0.43% year-on-year, while the net profit margin improved significantly to 6.06%, an increase of 111.17% [1] - The total of selling, administrative, and financial expenses amounted to 62.64 million yuan, accounting for 54.46% of revenue, which is a decrease of 40.56% year-on-year [1] Balance Sheet and Cash Flow - The company reported a decrease in cash assets, with cash and cash equivalents at 414 million yuan, down 36.41% year-on-year [1] - Accounts receivable increased by 10.44% to 46.68 million yuan [1] - The company’s interest-bearing debt decreased significantly by 66.02% to 1.64 million yuan [1] Earnings Per Share - Earnings per share improved to 0.02 yuan, a year-on-year increase of 118.97% [1] - The net asset value per share decreased to 4.64 yuan, down 15.81% year-on-year [1] - Operating cash flow per share was reported at -0.13 yuan, a decrease of 81.81% year-on-year [1] Historical Performance and Investment Return - The company has shown poor historical performance with a median ROIC of -1.17% over the past decade, and a particularly low ROIC of -18.41% in 2024 [3] - The company has recorded six years of losses since its listing, indicating a generally unfavorable investment profile [3] Debt Servicing Capability - The company is noted to have a healthy cash asset position, which may support its debt servicing capabilities [4]

Group 1 - The core viewpoint of the article highlights the significant growth in revenue and profitability for *ST Guohua (600636) in the first half of 2025, driven by the increasing demand for AI products in the education sector [1] - The company achieved an operating income of 115 million yuan, representing a year-on-year increase of 69.77%, and a net profit of 6.9663 million yuan, marking a turnaround from losses [1] - The revenue growth is attributed to the successful development and optimization of the "AI + Education" product series, as well as the completion of orders signed in the previous year [1] Group 2 - The company is focusing on technological innovation by leveraging multi-modal AI capabilities such as computer vision (CV) and natural language processing (NLP) to enhance its "AI + Audio-Video" technology [2] - New AI recording products have been launched, including the AE-PT3H Pro for teaching skills training and various AI recording solutions for different educational levels [2] - The company is exploring new business opportunities, including scaling up its support for state-owned enterprises in education and expanding into overseas markets [2] Group 3 - The company is actively implementing reforms in line with national policies, aiming to enhance its operational efficiency and align with the broader strategic goals of the state-owned enterprise reform [3] - Various initiatives are being undertaken, including thematic lectures and expert discussions to align with the "14th Five-Year Plan" and explore new growth avenues [3] - The company is committed to deepening regional collaboration and expanding its customer base as part of its strategic development [3]

Core Viewpoint - The company, GuoXin Culture, reported significant financial improvements in the first half of 2025, driven by the growing demand for AI products in the education sector as part of the national push for digital education reform [1] Financial Performance - The company achieved operating revenue of 115.03 million yuan, an increase of 47.27 million yuan, representing a year-on-year growth of 69.77% [1] - The net profit attributable to shareholders was 6.97 million yuan, an increase of 4.37 million yuan compared to the same period last year [1] - The net profit after deducting non-recurring gains and losses was 6.72 million yuan, an increase of 4.41 million yuan, marking a turnaround from losses to profits [1] Strategic Focus - The company emphasized four key areas for improvement: strengthening technological innovation, focusing on core business, exploring a "second growth curve," and enhancing operational management efficiency [1] - The company is transitioning to become an AI education service provider, leveraging its strengths in technology and innovation [2] Technological Innovation - The company is advancing its technology in the "AI + audio-visual" field, utilizing capabilities in computer vision (CV) and natural language processing (NLP) [2] - New AI recording products have been launched, including AE-PT3HPro and various AI recording versions for different educational levels [2] - The company’s subsidiary, AoWeiYa, has extensive experience in AI and audio-visual technology, enhancing its product development capabilities [2] Research and Development - In the first half of 2025, the company invested a total of 30.18 million yuan in R&D [3] - As of July 31, 2025, the company holds 443 intellectual property rights, including 77 authorized patents and 308 software copyrights [3] - AoWeiYa has been recognized as a key software enterprise for nine consecutive years, highlighting its achievements in AI technology research and development [3]

Group 1 - The core viewpoint of the article highlights *ST Guohua's significant revenue growth and return to profitability in the first half of 2025 compared to the same period in 2024 [1] - In the first half of 2025, the company reported an operating income of approximately 115 million yuan, representing a year-on-year increase of 69.77% [1] - The net profit attributable to shareholders was approximately 6.97 million yuan, with a basic earnings per share of 0.0159 yuan [1] - In contrast, the same period in 2024 saw an operating income of about 67.76 million yuan and a net loss of approximately 36.74 million yuan, with a basic earnings per share loss of 0.0838 yuan [1] Group 2 - As of the report, *ST Guohua's market capitalization stands at 3.7 billion yuan [2]

国新文化控股股份有限公司 《公司章程》修订对照表 本次《公司章程》修订涉及以下修订事项，不再逐一对照列示：（1）删除"监 事"、"监事会"相关表述，由审计与风险管理委员会委员、审计与风险管理委员 会替代的除外；（2）涉及"股东大会"相关表述，统一修改为"股东会"。 | 原条款 | 修订后条款 | | --- | --- | | 第一条 为维护公司、股东和债权人的 | 第一条 为维护国新文化控股股份有 | | 合法权益，规范公司的组织和行为， | 限公司（以下简称公司）、股东、职工 | | 充分发挥党委的领导核心和政治核心 | 和债权人的合法权益，规范公司的组 | | 作用，根据《中华人民共和国公司法》 | 织和行为，充分发挥党委的领导核心 | | （以下简称《公司法》）、《中华人民共 | 和政治核心作用，根据《中华人民共 | | 和国证券法》（以下简称《证券法》）、 | 和国公司法》（以下简称《公司法》）、 | | 《中国共产党章程》（以下简称《党 | 《中华人民共和国证券法》（以下简称 | | 章》）、《上市公司章程指引（2022 年修 | 《证券法》）、《中国共产党章程》（以 | | 订）》、《上海证券交 ...

国新文化控股股份有限公司关于国新集团 财务有限责任公司的风险持续评估报告 按照《上海证券交易所上市公司自律监管指引第 5 号——交 易与关联交易（2025 年 3 月修订）》的要求，国新文化控股股份 有限公司（以下简称公司）通过查验国新集团财务有限责任公司 （以下简称财务公司）《金融许可证》《营业执照》等证件资料， 并审阅包括资产负债表、利润表、现金流量表等在内的财务公司 的定期财务报告，对财务公司的经营资质、业务和风险状况进行 了评估，现将有关风险评估情况报告如下： 一、财务公司基本情况 财务公司是经原中国银行保险监督管理委员会北京监管局 批准，由中国国新控股有限责任公司（以下简称中国国新）全额 出资成立的非银行金融机构。财务公司成立于 2018 年 5 月，注 册资本 20 亿元人民币。 法定代表人：纪委 金融许可证机构编码：L0262H211000001 - 1 - 统一社会信用代码：91110108MA01C0J55L 经国家金融监督管理总局北京监管局批准的经营业务范围 为企业集团财务公司服务。 经查询，财务公司不是失信被执行人，资信情况及履约能力 良好。 二、财务公司风险管理的基本情况 （一）控制环 ...

公司于 2025 年 8 月 28 日召开第十一届董事会第六次会议，审议 通过《关于补选战略与 ESG 委员会委员的议案》。为保障董事会战略 与 ESG 委员会充分发挥其职能，根据《公司法》《上海证券交易所股 票上市规则》等有关规定，公司董事会补选王东兴先生为第十一届董 事会战略与 ESG 委员会委员，任期自本次董事会审议通过之日起至第 十一届董事会届满之日止。 特此公告。 董事会 国新文化控股股份有限公司 国新文化控股股份有限公司 关于补选战略与 ESG 委员会委员的公告 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。 国新文化控股股份有限公司（以下简称"公司"）于 2025 年 4 月 24 日召开第十一届董事会第五次会议，于 2025 年 5 月 20 日召开 2024 年年度股东大会，审议通过《关于补选董事的议案》。根据公司控股 股东中国文化产业发展集团有限公司提名，公司董事会及股东会审议 通过，王东兴先生补选为公司第十一届董事会董事，任期自 2024 年 年度股东大会审议通过之日起至本届董事会届满之日止。 证券代码： ...

证券代码：600636 证券简称：*ST 国化 公告编号：2025-035 国新文化控股股份有限公司 关于召开2025年第一次临时股东会的通知 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： 一、 召开会议的基本情况 (一) 股东会类型和届次 2025年第一次临时股东会 (二) 股东会召集人：董事会 (三) 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合 的方式 至2025 年 9 月 16 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互 联网投票平台的投票时间为股东会召开当日的 9:15-15:00。 (六) 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者的投 票，应按照《上海证券交易所上市公司自律监管指引第 1 号 — 规范运作》等有 关规定执行。 (七) 涉及公开征集股东投票权 (四) 现 ...