本次董事会审议事项已与全体董事进行了事前沟通。董事同意豁免本次会议应于会议召开 3 日前通知全体董事的要求，并且同意该次董事会各项议案的有效性不会因该等豁免而受影响。 表决结果为：同意 7 票；反对 0 票；弃权 0 票。 展鹏科技股份有限公司 第五届董事会第一次会议决议公告 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个别及连带责任。 一、董事会会议召开情况 展鹏科技股份有限公司(以下简称"公司")第五届董事会第一次会议于 2025 年 9 月 5 日以 现场结合通讯表决的方式召开。经过半数董事推举，本次会议由董事鲍钺先生召集和主持，本次 会议应出席会议董事 7 名，实际出席会议董事 7 名，其中董事朱峰先生以通讯表决方式参与本次 会议。会议的召集和召开符合《公司法》和《公司章程》的有关规定。 二、董事会会议审议情况 1、审议通过《关于本次会议豁免提前通知的议案》 证券代码：603488 证券简称：展鹏科技 公告编号：2025-045 表决结果为：同意 7 票；反对 0 票；弃权 0 票。 以上 2 项议案具体内容详见同日于指定披露媒 ...

展鹏科技股份有限公司(以下简称"公司") 根据《公司法》、《公司章程》等相关规定，于 2025 年 9月 5 日召开了职工代表大会，民主选举李智吉先生为公司第五届董事会职工代表董事（简 历附后），任期自本次职工代表大会选举通过之日起至公司第五届董事会任期届满之日止。本次 选举产生的职工代表董事将与公司 2025 年第二次临时股东会选举产生的 3 名非独立董事和 3 名 独立董事共同组成公司第五届董事会。 李智吉先生任职资格符合相关法律法规、规范性文件对董事任职资格的要求，不存在《公司 法》、《公司章程》等规定不得担任公司董事的情形，也不存在被中国证券监督管理委员会处以证 券市场禁入措施且期限尚未届满的情况，或被证券交易所公开认定为不适合担任上市公司董事且 期限尚未届满的情形，亦不是失信被执行人。公司第五届董事会中兼任公司高级管理人员以及由 职工代表担任的董事人数总计不超过公司董事总数的二分之一，符合相关法律法规和《公司章程》 的规定。 证券代码：603488 证券简称：展鹏科技 公告编号：2025-043 展鹏科技股份有限公司 关于选举职工代表董事的公告 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、 ...

证券代码：603488 证券简称：展鹏科技 公告编号：2025-047 展鹏科技股份有限公司 关于董事会完成换届选举及聘任高级管理人员、 证券事务代表的公告 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个别及连带责任。 展鹏科技股份有限公司（以下简称"公司"）于 2025 年 9 月 5 日召开 2025 年第二次临时股东 会，选举产生了公司第五届董事会非独立董事（不含职工代表董事）及独立董事，与职工代表大 会选举产生的职工代表董事共同组成公司第五届董事会。同日，公司召开第五届董事会第一次会 议及第五届董事会第二次会议，选举产生公司董事长、董事会各专门委员会委员，并聘任了公司 新一届高级管理人员及证券事务代表，现将相关情况公告如下： 一、第五届董事会组成情况 根据公司 2025 年第二次临时股东会、职工代表大会、第五届董事会第一次会议选举结果， 公司第五届董事会董事共 7 名，分别为鲍钺先生、高杰先生、黄阳女士、李智吉先生、王欣荣先 生、倪敦先生、朱峰先生；其中鲍钺先生为董事长，王欣荣先生、倪敦先生、朱峰先生为独立董 事，李智吉先生为职 ...

展鹏科技股份有限公司 2025年第二次临时股东会决议公告 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： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东会召开的时间：2025 年 9 月 5 日 (二)股东会召开的地点：江苏省无锡市梁溪区飞宏路 8 号展鹏科技股份有限公司办公楼裙楼 二楼会议室 证券代码：603488 证券简称：展鹏科技 公告编号：2025-044 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 104 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 122,207,668 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股份总数的 | 41.8533 | | 比例（%） | | (四)表决方式是否符合《公司法》及《公司章程》的规定，股东会主持情况等。 本次股东会采取现场记名投票表决与网络投票表决相结合的方式召开。会议由公司董事 会提议召开，并由董事长鲍钺先生主持。 ...

关 于 展鹏科技股份有限公司 2025 年第二次临时股东会的 法律意见书 地址：杭州市上城区老复兴路白塔公园 B 区 2 号、15 号国浩律师楼 邮编：310008 Grandall Building, No.2＆No.15, Block B, Baita Park, Old Fuxing Road, Hangzhou, Zhejiang 310008, China 国浩律师（杭州）事务所 电话/Tel: (+86)(571) 8577 5888 传真/Fax: (+86)(571) 8577 5643 电子邮箱/Mail：grandallhz@grandall.com.cn 网址/Website：http://www.grandall.com.cn 二〇二五年九月 国浩律师（杭州）事务所 关于展鹏科技股份有限公司 2025 年第二次临时股东会的 法律意见书 致：展鹏科技股份有限公司 国浩律师（杭州）事务所（以下简称"本所"）接受展鹏科技股份有限公司（以 下简称"公司"）委托指派律师出席公司 2025 年第二次临时股东会（以下简称"本 次股东会"），并依据《中华人民共和国公司法》（以下简称"《公司法》"）、《 ...

Financial Performance - The company reported total revenue of 138 million yuan for the first half of 2025, a decrease of 6.01% year-on-year [1] - The net profit attributable to shareholders was -36.23 million yuan, representing a significant decline of 890.15% compared to the previous year [1] - The gross margin fell to 2.28%, down 87.91% year-on-year, while the net margin was -39.43%, a decrease of 1360.66% [1] - The total of selling, administrative, and financial expenses reached 48.28 million yuan, accounting for 35.03% of total revenue, an increase of 156.57% year-on-year [1] Cash Flow and Assets - Cash and cash equivalents decreased by 39.14% due to investments in financial products and daily operations [2] - Accounts receivable increased by 42.23%, indicating a potential issue with cash collection [1][2] - The company’s short-term borrowings rose by 30.92%, while long-term borrowings decreased by 20.07% due to repayments [2] Expense Analysis - Selling expenses surged by 177.15%, attributed to the inclusion of a subsidiary's financial data in the current period [3] - Management expenses increased by 114.68%, also due to the consolidation of the subsidiary's financials [3] - Financial expenses skyrocketed by 1333.11%, reflecting the same consolidation impact [3] Investment and Returns - The company's return on invested capital (ROIC) was 3.4%, indicating weak capital returns compared to a historical median of 11.16% [4] - The net profit margin was reported at 7.92%, suggesting average value addition from products or services [4] Business Model and Strategy - The company relies heavily on research and marketing for its performance, necessitating a thorough examination of these driving factors [5] - The accounts receivable situation is concerning, with accounts receivable to profit ratio reaching 1973.16% [6]

Core Viewpoint - The company has reported a provision for asset impairment amounting to -3,896,072.3 yuan for the first half of 2025, which will reduce the total profit in the consolidated financial statements for the same period [9][12]. Section Summaries Important Notes - The semi-annual report summary is derived from the full semi-annual report, and investors are encouraged to read the complete report for a comprehensive understanding of the company's performance and future plans [1][2]. Company Overview - The company has not made any profit distribution or capital reserve transfer plans during the reporting period [2]. Significant Matters - There were no significant changes in the company's operating conditions or any events that would have a major impact on the company's operations during the reporting period [2]. Board Meeting - The 22nd meeting of the fourth board of directors was held on August 25, 2025, via telephone, with all seven directors present, complying with legal and regulatory requirements [4][6]. Board Resolutions - The board approved the proposal for asset impairment provision, which was reviewed by the audit committee prior to the board meeting [5][7]. Impairment Provision Details - The company conducted impairment testing on its assets as of June 30, 2025, and recognized a credit and asset impairment loss of -3,896,072.3 yuan, which is not audited by an accounting firm [10][11][13]. Decision-Making Process - The audit committee approved the asset impairment provision proposal on August 15, 2025, with a unanimous vote [14]. - The board of directors also approved the same proposal on August 25, 2025, with a unanimous vote [15].

Group 1 - The board meeting of Zhangpeng Technology Co., Ltd. was held on August 25, 2025, via telephone conference, with all 7 directors present [1][2] - The meeting was convened and presided over by Chairman Bao Ye, and it complied with the relevant provisions of the Company Law and the Articles of Association [1] - The board approved the proposal regarding the provision for credit and asset impairment losses for the first half of 2025, which was reviewed by the audit committee [1][2] Group 2 - The voting results for the proposal were unanimous, with 7 votes in favor, 0 against, and 0 abstentions [2] - The details of the proposal and the half-year report will be disclosed in the designated media [2]

Core Viewpoint - The report highlights the financial performance of the company for the first half of 2025, indicating a significant decline in revenue and profit compared to the same period in the previous year, primarily due to challenges in the elevator and military simulation industries [2][11]. Company Overview and Financial Indicators - Company name: Flying Technology Co., Ltd. (展鹏科技股份有限公司) [2] - Stock code: 603488, listed on the Shanghai Stock Exchange [2] - Major financial data for the first half of 2025: - Revenue: ¥137.82 million, down 6.01% from ¥146.62 million in the same period last year [2][11] - Total profit: -¥60.69 million, a decrease of 1,297.21% from ¥5.07 million [2][11] - Net profit attributable to shareholders: -¥36.23 million, down 890.15% from ¥4.59 million [2][11] - Net cash flow from operating activities: -¥69.96 million, a decline of 267.85% from -¥19.02 million [2][11] - Total assets: ¥1.52 billion, down 5.00% from ¥1.60 billion [2][11] Industry Situation - The company operates in the elevator and military simulation industries, focusing on the research, production, and sales of elevator control systems and military simulation products [3][11]. - The elevator industry is experiencing a slowdown in demand due to a downturn in the real estate market, leading to intensified competition and industry consolidation [3][11]. - Despite the challenges, the ongoing urbanization process in China continues to drive basic demand for elevators, particularly for the renovation and replacement of aging elevators [3][11]. Main Business Analysis - The company has established a dual business model focusing on elevator control systems and military simulation systems [3][11]. - The elevator control system business includes products such as elevator door systems and integrated control systems, which are widely used in various types of elevators [3][11]. - The military simulation business, primarily conducted by the subsidiary Lingwei Junrong, focuses on providing tactical simulation training solutions for aviation troops [3][11]. Competitive Advantages - The company possesses core technologies in variable frequency control and has established a comprehensive product system in the elevator component sector [3][11]. - It has built long-term partnerships with several well-known elevator manufacturers, leveraging its strong technical support and after-sales service capabilities [3][11]. - The company emphasizes innovation and has accumulated a significant number of patents and software copyrights, enhancing its competitive edge in the market [3][11].

Core Points - The report indicates a significant decline in the company's financial performance for the first half of 2025, with total assets decreasing by 5% compared to the end of the previous year [1] - The company's net profit attributable to shareholders showed a drastic decline, reporting a loss of approximately 40.59 million yuan, compared to a profit of 4.59 million yuan in the same period last year, marking a decrease of 890.15% [1] - Operating revenue also fell by 6.01%, amounting to approximately 137.82 million yuan, down from 146.62 million yuan in the previous year [1] Financial Summary - Total assets at the end of the reporting period were approximately 1.52 billion yuan, down from 1.60 billion yuan at the end of the previous year [1] - The net assets attributable to shareholders decreased by 3.62%, totaling approximately 945.43 million yuan [1] - The net cash flow from operating activities was negative, amounting to approximately -69.96 million yuan, a decrease of 267.85% compared to the previous year [1] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,565 [1] - The top shareholders include Qingdao Silicon Valley Paradise Kunpeng Equity Investment Co., Ltd. with a 20% stake, and Qingdao Silicon Valley Paradise Jiapeng Equity Investment Co., Ltd. with a 9.99% stake [2]