Core Points - The company announced the cancellation of 10,893,719 shares from its repurchase account, representing 2.51% of the total shares before cancellation [1] - After the cancellation, the total share capital is expected to change from 433,392,868 shares to 422,499,149 shares [1] - The cancellation date is set for September 25, 2025 [1]

证券代码：603081 证券简称：大丰实业 公告编号：2025-053 1 浙江大丰实业股份有限公司 关于注销回购股份的实施公告 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: 浙江大丰实业股份有限公司（以下简称"公司"）本次将注销存放于公 司回购专用证券账户中的 10,893,719 股回购股份，占注销前公司总股本的比例 为 2.51%。本次注销完成后，公司总股本预计将由 433,392,868 股变更为 422,499,149 股。 股份注销日期：2025 年 9 月 25 日 一、回购股份的基本情况 2023年9月20日，公司召开第四届董事会第四次会议审议通过了股份回购方 案，并于2023年9月26日披露《关于以集中竞价交易方式回购股份的回购报告书》 （公告编号：2023-059），拟以自有资金不低于人民币1,000万元（含）且不超 过人民币2,000万元（含）通过上海证券交易所交易系统以集中竞价交易方式回 购公司发行的人民币普通股（A股）股票，回购价格上限22.50元/股，实施期限 自董事会审议通过之日 ...

Group 1 - The company, Dafeng Industrial (603081.SH), has stated on an interactive platform that it is currently not involved in eSIM-related business [1]

Market Performance - The primary economic sector increased by 1.6% compared to the previous trading day, with Kai Run Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3812.51, up 1.24%, while the Shenzhen Component Index closed at 12590.56, up 3.89% [1] Top Gainers - Kai Run Co., Ltd. (300577) closed at 23.80, up 6.77% with a trading volume of 66,200 shares and a transaction value of 156 million [1] - Da Feng Industrial (603081) closed at 13.03, up 5.08% with a trading volume of 205,000 shares and a transaction value of 265 million [1] - Feng Shang Culture (300860) closed at 29.03, up 4.12% with a trading volume of 48,400 shares and a transaction value of 2.66 million [1] Market Capital Flow - The primary economic sector saw a net inflow of 56.27 million from main funds, while retail funds experienced a net outflow of 30.30 million [2] - The main funds' net inflow for Li Ya De (300296) was 63.49 million, while retail funds had a net outflow of 44.87 million [3] Individual Stock Performance - Li Ya De (300296) had a main fund net inflow of 63.49 million, representing 5.27% of its total trading volume [3] - Kai Run Co., Ltd. (300577) experienced a main fund net inflow of 19.48 million, accounting for 12.50% of its trading volume [3] - Da Feng Industrial (603081) had a main fund net inflow of 13.34 million, which is 5.04% of its trading volume [3]

Core Viewpoint - The recent financial report of Dafeng Industrial (603081) shows significant growth in revenue and net profit for the first half of 2025, indicating strong operational performance despite challenges in cash flow and accounts receivable management [1][3]. Financial Performance - Total revenue for the first half of 2025 reached 1.004 billion yuan, a year-on-year increase of 52.16% compared to 660 million yuan in 2024 [1]. - Net profit attributable to shareholders was 75.19 million yuan, up 56.81% from 47.95 million yuan in the previous year [1]. - In Q2 2025, total revenue was 714 million yuan, reflecting a 92.79% increase year-on-year, while net profit for the quarter surged 201.83% to 42.45 million yuan [1]. Profitability Metrics - Gross margin decreased to 26.12%, down 21.86% year-on-year, while net margin improved to 7.19%, an increase of 5.4% [1]. - The total of selling, administrative, and financial expenses was 146 million yuan, accounting for 14.57% of revenue, a decrease of 31.77% year-on-year [1]. Cash Flow and Debt Management - The company reported a significant increase in accounts receivable, which reached 1.612 billion yuan, a 9.61% rise from 1.471 billion yuan [1]. - Cash and cash equivalents decreased by 35.11% to 671 million yuan [1]. - The company’s interest-bearing debt decreased by 20.90% to 2.251 billion yuan [1]. Shareholder Metrics - Earnings per share (EPS) increased to 0.18 yuan, a 50% rise from 0.12 yuan in the previous year [1]. - The book value per share rose to 7.47 yuan, reflecting a 10.16% increase year-on-year [1]. - Operating cash flow per share improved to -0.02 yuan, a 78.33% increase from -0.09 yuan [1]. Investment Insights - Analysts expect the company's performance for 2025 to reach 134 million yuan, with an average EPS forecast of 0.31 yuan [3]. - The company has a historical median Return on Invested Capital (ROIC) of 12.21%, indicating a relatively good investment return despite a poor performance in 2024 with a ROIC of -0.34% [3]. Fund Holdings - The largest fund holding Dafeng Industrial is the Fortune New Vitality Flexible Allocation Mixed A, which has recently increased its position to 3.5013 million shares [4].

Group 1 - The meeting of the fourth Supervisory Board of Zhejiang Dafeng Industrial Co., Ltd. was held on August 27, 2025, with all three supervisors present, confirming the legality and validity of the meeting procedures [1] - The Supervisory Board unanimously approved the agenda items with a voting result of 3 votes in favor, 0 against, and 0 abstentions [1] - The company disclosed its 2025 semi-annual report and a special report on the storage and actual use of raised funds on the same day on the Shanghai Stock Exchange website [1]

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [2] Core Views - The company has shown a rapid recovery in Q2 performance, with a focus on the "Culture + Technology" strategy, leading to significant revenue and profit growth [7][8] - The company achieved a revenue of 1.004 billion yuan in the first half of 2025, representing a year-on-year increase of 52.16%, and a net profit of 75 million yuan, up 56.81% year-on-year [7][8] - The company is expected to achieve revenues of 26.34 billion yuan, 32.19 billion yuan, and 36.60 billion yuan for the years 2025, 2026, and 2027 respectively, with net profits of 1.35 billion yuan, 1.70 billion yuan, and 1.89 billion yuan for the same years [7][8] Financial Performance Summary - Revenue for 2023 is projected at 1,938 million yuan, with a decline of 31.8% year-on-year, followed by a slight decrease of 4.9% in 2024, and a recovery of 42.9% in 2025 [6][9] - Net profit for 2023 is expected to be 101 million yuan, with a significant drop of 64.8% year-on-year, followed by a further decline of 36.0% in 2024, and a rebound of 108.2% in 2025 [6][9] - The company's earnings per share (EPS) is projected to be 0.25 yuan in 2023, decreasing to 0.16 yuan in 2024, and then increasing to 0.31 yuan in 2025 [6][9] - The price-to-earnings (PE) ratio is expected to be 54.5 in 2023, 70.6 in 2024, and decreasing to 42.1 in 2025 [6][9] Business Strategy and Developments - The company is focusing on the full industry chain layout of cultural and sports tourism, with an emphasis on "Culture + Technology" [7][8] - The company has secured exclusive rights for the opening and closing ceremonies of the 2026 Aichi-Nagoya Asian Games and has been included in the national cultural export key project list [7][8] - The company has launched its own night tour IP "Tonight" series, introducing an innovative "multi-perspective immersive" viewing mode [7][8] - The company has formed a joint venture with Zhiyuan Robotics to explore the high-potential intersection of humanoid robots and cultural tourism [7][8]

Group 1 - The company achieved operating revenue of 1.004 billion yuan in the first half of 2025, representing a year-on-year growth of 52.16% [1] - The net profit attributable to the parent company reached 75.1912 million yuan, an increase of 56.81% compared to the previous year [1] - The net profit excluding non-recurring gains and losses was 67.2448 million yuan, showing a year-on-year growth of 62.27% [1]

Group 1 - The core point of the article is that Dafeng Industrial (SH 603081) held its 20th meeting of the 4th board of directors on August 27, 2025, to review the proposal for the 2025 semi-annual report and summary [1] - For the fiscal year 2024, Dafeng Industrial's revenue composition is 99.12% from specialized equipment and 0.88% from other businesses [1] - As of the report, Dafeng Industrial has a market capitalization of 5.7 billion yuan [1]

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。 证券代码：603081 证券简称：大丰实业 公告编号：2025-051 浙江大丰实业股份有限公司 关于2025年半年度募集资金存放与实际使用情况 的专项报告 根据上海证券交易所《上海证券交易所上市公司自律监管指引第 1 号—规范 运作》和《上海证券交易所上市公司自律监管指南第 1 号—公告格式》的规定， 将浙江大丰实业股份有限公司（以下简称"本公司"或"公司"）2025 年半年度募集 资金存放与使用情况报告如下： 一、募集资金基本情况 （一）实际募集资金金额、资金到位时间 1．经中国证券监督管理委员会《关于核准浙江大丰实业股份有限公司首次公 开发行股票的批复》（证监许可〔2017〕397 号）核准，公司首次公开发行人民币 普通股（A 股）股票 5,180.00 万股，发行价为每股人民币 10.42 元，共计募集资金 539,756,000.00 元，扣除发行费用 65,240,510.85 元后，实际募集资金金额为 474,515,489.15 元。上述募集资金全部到位，已经华普 ...