Core Viewpoint - The company, Zhichun Technology, has conducted a self-inspection regarding tax compliance and identified discrepancies in the tax treatment of interest expenses related to its convertible bonds, leading to a tax payment obligation totaling 4.5322 million yuan [1] Group 1 - The company confirmed the need to pay corporate income tax and late fees due to differences in tax accounting treatment of convertible bond interest expenses [1] - As of the date of the announcement, the company has completed the payment of the aforementioned tax and late fees [1] - The tax issue does not involve any administrative penalties from tax authorities [1]

Core Viewpoint - The company, Zhichun Technology (603690.SH), has conducted a self-examination of its tax compliance and identified discrepancies in the tax treatment of interest expenses related to its convertible bonds, resulting in a tax payment obligation of 4.5322 million yuan [1] Group 1 - The company confirmed the need to pay corporate income tax and late fees totaling 4.5322 million yuan due to differences in tax and accounting treatment of convertible bond interest expenses [1] - As of the date of the announcement, the company has completed the payment of the aforementioned tax and late fees [1] - The tax issue does not involve any administrative penalties from tax authorities [1]

Core Viewpoint - The company, Zhichun Technology, announced that it currently does not provide guarantees to any entities outside of its wholly-owned and controlling subsidiaries, and there are no overdue guarantees from the company or its controlling subsidiaries [2] Summary by Category - **Company Guarantees** - Zhichun Technology has confirmed that it does not provide guarantees to any parties outside of its wholly-owned and controlling subsidiaries [2] - The company and its controlling subsidiaries have no overdue guarantees [2]

Group 1 - The core viewpoint of the news is that Zhichun Technology's stock has shown a positive trend in recent trading sessions, with a year-to-date increase of 7.86% and a market capitalization of 10.37 billion yuan [1] - As of September 11, the stock price reached 27.03 yuan per share, with a trading volume of 243 million yuan and a turnover rate of 2.39% [1] - The company has experienced net outflows of main funds amounting to 7.19 million yuan, with significant buying and selling activities from large orders [1] Group 2 - Zhichun Technology, established on November 13, 2000, specializes in the research, development, and sales of semiconductor process equipment and related services, with a revenue composition of 78.51% from system integration [2] - As of June 30, the company reported a revenue of 1.608 billion yuan for the first half of 2025, reflecting a year-on-year growth of 5.25%, while the net profit attributable to shareholders decreased by 46.68% to 39.32 million yuan [2] - The company has distributed a total of 248 million yuan in dividends since its A-share listing, with 136 million yuan distributed in the last three years [3]

上海至纯洁净系统科技股份有限公司 为子公司提供担保的进展公告 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。 证券代码：603690 证券简称：至纯科技 公告编号：2025-083 重要内容提示： 本次担保是否有反担保：无 对外担保逾期的累计数量：无 特别风险提示：本次被担保人 2024 年末资产负债率超过 70%，敬请投资 者注意相关风险。 一、担保情况概述 经上海至纯洁净系统科技股份有限公司（以下简称"公司"或"本公司"） 2024 年年度股东会审议通过，同意公司 2025 年度为下属子公司提供担保总额不 超过 85.00 亿元，其中为资产负债率超过 70%的子公司提供担保额度预计为 79.50 亿元，为资产负债率低于 70%的子公司提供担保额度预计为 5.50 亿元，同时公 司及子公司拟通过自有房产及土地等资产抵押进行融资业务。上述担保事项是基 于对业务情况的预计。根据可能的变化，由公司管理层在上述预计担保额度内， 根据实际情况审批并调剂具体的融资担保事宜。调剂方式为被担保方为资产负债 率低于 70%的控股子公司的担保额 ...

Core Viewpoint - The article highlights the upcoming Bay Area Semiconductor Industry Ecosystem Expo (Bay Chip Expo 2025), emphasizing its role in showcasing the entire semiconductor industry chain and facilitating international collaboration in technology and innovation [2][11][17]. Group 1: Event Overview - The Bay Chip Expo 2025 will take place from October 15-17 at the Shenzhen Convention Center, covering an exhibition area of 60,000 square meters and featuring over 600 semiconductor companies [2][5]. - The expo aims to integrate the semiconductor industry chain, focusing on wafer manufacturing as a core link, and will present cutting-edge technologies and solutions from IC design to packaging and testing [5][9]. Group 2: Industry Collaboration - The expo will feature a significant international presence, with the number of international exhibitors increasing by over 50% compared to previous years, showcasing the event's growing global appeal [11][13]. - Domestic companies will have the opportunity to engage with international industry leaders, facilitating deep technical exchanges and accelerating the localization and innovation processes in key areas [14][16]. Group 3: Technological Focus - The wafer manufacturing exhibition area will be one of the largest, featuring top companies like ASML, AMAT, and Lam Research, which will demonstrate their strengths and innovations in wafer manufacturing [7][16]. - The event will cover a complete technology display matrix from "equipment - materials - manufacturing," promoting a shift from "single-point innovation" to "system collaboration" within the industry [9][10]. Group 4: Future Initiatives - TrendBank plans to host a heterogeneous integration annual meeting from November 17-19, 2025, focusing on advanced packaging technologies and aiming to establish Ningbo and the Yangtze River Delta as a hub for the advanced electronic information industry [25].

Company Overview - Shanghai Zhichun Clean System Technology Co., Ltd. was established on November 13, 2000, and went public on January 13, 2017. The company specializes in the research, development, production, and sales of semiconductor process equipment and related services [2] - The main business revenue composition includes: system integration 78.51%, equipment business 16.80%, electronic materials 4.56%, and others 0.13% [2] - The company operates in the electronic-semiconductor-semiconductor equipment industry and is involved in sectors such as optical communication, share buybacks, margin financing, third-generation semiconductors, and chip concepts [2] Financial Performance - For the first half of 2025, the company achieved operating revenue of 1.608 billion yuan, a year-on-year increase of 5.25%. However, the net profit attributable to the parent company was 39.3187 million yuan, a year-on-year decrease of 46.68% [2] - Since its A-share listing, the company has distributed a total of 248 million yuan in dividends, with 136 million yuan distributed in the last three years [3] Stock Performance - As of September 8, the company's stock price increased by 2.01% to 27.89 yuan per share, with a total market capitalization of 10.7 billion yuan [1] - Year-to-date, the stock price has risen by 11.29%, with a recent decline of 1.76% over the last five trading days [1] - The company has appeared on the trading leaderboard four times this year, with the most recent appearance on April 7, where it recorded a net buy of 8.0238 million yuan [1] Shareholder Information - As of June 30, 2025, the number of shareholders was 80,100, a decrease of 31.72% from the previous period, while the average circulating shares per person increased by 46.47% to 4,780 shares [2] - Among the top ten circulating shareholders, the Southern CSI 1000 ETF is the newest addition, holding 2.4844 million shares [3]

Core Viewpoint - The company has approved guarantees for its wholly-owned and controlled subsidiaries, which are not classified as related-party guarantees, to support their bank loan applications [1][2][3]. Summary by Sections Guarantee Overview - The company will provide a total guarantee amount not exceeding 8.5 billion RMB for the fiscal year 2025, with 7.95 billion RMB allocated for subsidiaries with a debt-to-asset ratio exceeding 70% and 550 million RMB for those below this threshold [3][4]. Guarantee Amounts and Balances - The company has provided a guarantee of 350 million RMB for Shanghai Zhichun System Integration Co., Ltd., with a cumulative guarantee balance of 646.84 million RMB as of the announcement date [2][4]. - For Shanghai Bohui Technology Co., Ltd., the guarantee amount is 20 million RMB, with a cumulative balance of 63 million RMB [2][4]. - The guarantee for Zhuhai Zhimi Semiconductor Technology Co., Ltd. is 48 million RMB, with a cumulative balance of 0 RMB [2][4]. Basic Information of Guaranteed Entities - Financial data for the year 2024 for the subsidiaries has been audited, confirming their operational status [5][6][7]. Main Contractual Terms - The maximum guarantee amount for the contracts with China Everbright Bank, Guangfa Bank, and Ping An Bank ranges from 20 million to 350 million RMB, with a joint liability guarantee structure [8][9][12][13][16]. - The guarantee period for each specific loan is calculated separately, lasting three years from the debt maturity date [10][12][16]. Company’s Total External Guarantee Situation - As of the announcement date, the company's total external guarantees amount to 2.995 billion RMB, representing 62% of the audited net assets attributable to shareholders for the fiscal year 2024 [17].

Core Viewpoint - The stock price of Zhichun Technology (603690.SH) has significantly dropped due to the planned share reduction by its controlling shareholder, Jiang Yuan, and his mother, which raises concerns about the company's financial health and future prospects [1][10]. Share Reduction Plan - Jiang Yuan plans to reduce his holdings by up to 6 million shares, while his mother, Lu Longying, intends to sell up to 3 million shares, totaling a maximum of 9 million shares [1][10]. - If the maximum reduction occurs at the closing price of 29.32 yuan per share on September 3, they could cash out approximately 264 million yuan [2][11]. - This is not the first time Jiang Yuan and Lu Longying have reduced their stakes, with a total of about 930 million yuan cashed out since 2020 [3][11]. Financial Performance - Zhichun Technology has faced significant financial pressure, with a nearly 47% year-on-year decline in net profit for the first half of 2025, despite revenue growth [3][5]. - The company reported a revenue of 36.05 billion yuan in 2024, a 14.4% increase, but the net profit dropped by 93.75% to 23.6 million yuan [5]. - For the first half of 2025, revenue was 16.08 billion yuan, up 5.25%, but net profit fell by 46.68% [5]. Order Backlog and Market Position - As of June 30, 2025, Zhichun Technology had a backlog of orders totaling 134.14 billion yuan, with 89.1% of these orders coming from 12-inch integrated circuit clients [6]. - The company has transitioned to the semiconductor sector, providing solutions for key processes and equipment, and has developed four major platforms for wet process equipment [4][6]. Cash Flow and Receivables - The company is experiencing cash flow challenges, with a net cash flow of -563 million yuan in the first half of 2025 and accounts receivable reaching 3.056 billion yuan [7][9]. - The proportion of receivables collected from major clients has been declining, indicating increasing collection pressure [7][8]. Debt and Financial Health - As of June 30, 2025, Zhichun Technology had monetary funds of 962 million yuan and interest-bearing liabilities of 6.387 billion yuan, highlighting financial strain [9].

证券代码：603690 证券简称：至纯科技 公告编号：2025-082 上海至纯洁净系统科技股份有限公司 为子公司提供担保的进展公告 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： 被担保人名称及是否为关联担保：上海至纯系统集成有限公司（以下简称 "系统集成"）、上海波汇科技有限公司（以下简称"波汇科技"）、珠海至微 半导体科技有限公司（以下简称"珠海至微"）。本次担保为对全资及控股子公 司提供的担保，不属于关联担保。 本次担保金额及已实际为其提供的担保余额：因公司全资及控股子公司系 统集成、波汇科技、珠海至微向银行申请授信贷款事项，公司与中国光大银行股 份有限公司上海分行、广发银行股份有限公司上海分行、平安银行股份有限公司 上海分行、珠海华润银行股份有限公司珠海分行分别签订了《最高额保证合同》 《最高额保证担保合同》和《保证合同》。本次公司为系统集成提供担保金额为 35,000 万元，截至本公告日累计为其提供担保余额为 64,684.03 万元；本次公司 为波汇科技提供担保金额为 2,000 万元，截至本公告 ...