（文章来源：证券日报） 证券日报网讯 8月27日晚间，七一二发布公告称，公司第四届董事会第二次会议审议通过了《关于的议 案》等多项议案。 ...

Group 1 - The company reported a revenue of 631 million yuan for the first half of 2025, representing a year-on-year decline of 47.49% [1] - The net profit attributable to shareholders of the listed company was -114 million yuan [1] - The net profit attributable to shareholders of the listed company, after deducting non-recurring gains and losses, was -131 million yuan [1] - The basic earnings per share were -0.15 yuan [1]

Group 1 - The company, Tianjin Qiyi Communication Broadcasting Co., Ltd., will participate in the "2025 Tianjin Listed Companies Investor Online Collective Reception Day" to enhance interaction with investors [1][2] - The event will be held online on September 11, 2025, from 15:00 to 17:00, allowing investors to join via the "Panjing Roadshow" website, WeChat, or the Panjing Roadshow APP [1][2] - Company executives, including the chairman and financial officer, will discuss the company's 2025 semi-annual performance, governance, development strategy, and operational status during the event [2]

Core Viewpoint - The company intends to reappoint Lixin Certified Public Accountants (Special General Partnership) as its auditing firm for the fiscal year 2025, highlighting Lixin's professional competence and experience in providing audit services [1][6]. Group 1: Basic Information about the Auditing Firm - Lixin was founded in 1927 by Dr. Pan Xulun in Shanghai and became the first special general partnership accounting firm in China in 2010 [1]. - As of the end of 2024, Lixin has 296 partners, 2,498 registered accountants, and a total of 10,021 employees [1]. - Lixin is a member of the international accounting network BDO and has qualifications for auditing H shares [1]. Group 2: Financial Performance - Lixin's audited business revenue for 2024 is 4.748 billion yuan, with audit service revenue at 3.672 billion yuan and securities service revenue at 1.505 billion yuan [2]. - The firm has extracted a professional risk fund of 171 million yuan and has a cumulative compensation limit of 1.05 billion yuan for its professional insurance [2]. Group 3: Legal and Regulatory Compliance - In the past three years, Lixin has faced five administrative penalties and 43 supervisory measures, but has not faced any criminal penalties [3][4]. - Lixin has been involved in civil lawsuits related to securities false statements but has sufficient professional liability insurance to cover potential compensation [2][4]. Group 4: Audit Fees - The audit fee for the company for the year 2024 is set at 1.59 million yuan, which includes 1.06 million yuan for financial statement audits and 530,000 yuan for internal control audits, remaining unchanged from the previous year [5]. - The management is authorized to determine the audit fees for 2025 based on the specific workload and market price levels [5]. Group 5: Approval Process - The reappointment of Lixin as the auditing firm is subject to approval by the company's shareholders' meeting, and will take effect upon approval [6].

Core Points - The company will hold a half-year performance briefing on September 26, 2025, from 13:00 to 14:00 [1][2][3] - The briefing will take place at the Shanghai Stock Exchange Roadshow Center, and it will be conducted in an online text interaction format [1][2][3] - Investors can submit questions from September 19, 2025, to September 25, 2025, before 16:00, through the Roadshow Center website or via the company's email [1][2] Meeting Details - The meeting will be led by key personnel including the Chairman, Secretary of the Board, and other executives [2] - Participants can access the meeting online through the provided website link [2][3] - After the meeting, investors can view the main content and outcomes on the Roadshow Center website [2]

Core Viewpoint - The company reported a significant decline in revenue and a shift to net loss in the first half of 2025, primarily due to fluctuations in demand from major industry clients and a decrease in product prices [1] Financial Performance - The company achieved operating revenue of 631 million yuan, representing a year-on-year decrease of 47.49% [1] - The net profit attributable to shareholders was -114 million yuan, compared to a profit of 66.93 million yuan in the same period last year, indicating a shift from profit to loss [1] - Basic earnings per share were -0.15 yuan [1] Operational Challenges - The decline in revenue was attributed to the volatility in demand from major industry clients, leading to unmet order delivery expectations [1] - The decrease in product prices contributed to a reduction in gross profit margin, resulting in gross profit not covering various period expenses and related impairment losses, which led to operational losses during the reporting period [1]

Core Viewpoint - Tianjin 712 Communication & Broadcasting Co., Ltd. reported a significant decline in revenue and net profit for the first half of 2025, primarily due to fluctuations in customer demand and challenges in order fulfillment [2][3]. Company Overview and Financial Indicators - The company operates in the manufacturing sector, specifically in the professional wireless communication equipment manufacturing industry, focusing on military and civilian wireless communication [3][4]. - Key financial metrics for the first half of 2025 include: - Revenue: CNY 630.88 million, a decrease of 47.49% year-on-year - Total profit: CNY -152.18 million, a decline of 373.82% - Net profit attributable to shareholders: CNY -114.24 million, down 270.67% [2][11]. Business Operations and Market Analysis - The company is a core supplier of specialized wireless communication products and solutions, serving both military and civilian sectors [3][4]. - In the military communication sector, the company has developed a range of products including handheld, vehicle-mounted, and airborne communication systems, adapting to the evolving needs of military operations [4][5]. - In the civilian sector, the company focuses on railway and urban rail transit communication systems, having established itself as a key player in the railway wireless communication market [5][6]. Research and Development - The company emphasizes technological innovation, with a focus on enhancing research and development capabilities to meet future equipment demands [4][10]. - Recent R&D achievements include the development of next-generation communication technologies and products, such as AI-enabled communication systems and broadband railway communication devices [6][9]. Market Expansion and Strategic Initiatives - The company is actively expanding its market presence by exploring new business opportunities in unmanned systems and low-altitude economy sectors [6][8]. - Strategic partnerships and collaborations with domestic universities and research institutions are being pursued to enhance innovation and product development [9][10]. Financial Performance and Cost Management - The company experienced a significant drop in operating income due to unmet sales orders and declining product prices, leading to operational losses [2][11]. - Cost management measures have been implemented, resulting in reduced operating expenses, although financial costs increased due to lower interest income [12]. Corporate Governance and Management Changes - The company completed the election of its fourth board of directors in June 2025, with several new independent directors appointed [17].

截至报告期末表决权恢复的优先股股东总数 （户） 0 | 10 | 前 | 名股东持股情况 | | | | | --- | --- | --- | --- | --- | --- | | | | | | 持有有限 | | | 股东性 | | 持股比 | 持股 | | 质押、标记或冻结 | | 的 股东名称 | | | | 售条件的 | | | 例(%) | 质 | | 数量 | | 股份数量 | | | | | | 股份数量 | | | 天津智博智能科技发展有 | | 国有法 | | | | | 限公司 | 人 | | | | | | 中国建设银行股份有限公 | | | | | | | 司－易方达国防军工混合 | | 其他 | 1.05 | 8,108,300 | 0 | | 无 0 | | | | | | | 型证券投资基金 | | | | | | | 中国人寿保险股份有限公 | | | | | | | 司－分红－个人分红－ | | 其他 | 0.97 | 7,503,300 | 0 | | 无 0 | | | | | | | 中国人寿保险股份有限公 | | | | | | | 司－传统－普通保险产品 | | ...

Meeting Details - The second meeting of the fourth board of directors of Tianjin Qiyi Communication Broadcasting Co., Ltd. was held on August 26, 2025, with all 11 directors present [1] - The meeting was convened and presided over by Chairman Mr. Pang Hui, and the procedures complied with relevant laws and regulations [1] Resolutions Passed - The board approved the proposal regarding the company's 2025 semi-annual report, which was deemed reasonable and objectively reflective of the company's operational and financial status, with a voting result of 11 votes in favor, 0 against, and 0 abstentions [2] - The board also approved the proposal to reappoint Lixin Certified Public Accountants (Special General Partnership) as the auditing firm for the company's 2025 financial statements and internal control audits, based on their professional competence and independence [2] - The decision to reappoint Lixin will be submitted to the shareholders' meeting for approval, with the specific meeting time to be announced later [3]

天津七一二通信广播股份有限公司 2025 年半年度报告 公司代码：603712 公司简称：七一二 天津七一二通信广播股份有限公司 2025 年半年度报告 1 / 181 天津七一二通信广播股份有限公司 2025 年半年度报告 重要提示 一、 本公司董事会及董事、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、 公司负责人庞辉、主管会计工作负责人孙杨及会计机构负责人（会计主管人员） 孙杨声明：保证半年度报告中财务报告的真实、准确、完整。 十一、 其他 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 无 六、 前瞻性陈述的风险声明 □适用 √不适用 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所披露半年度报告的真实性、准确性和完 整性 否 十、 重大风险提示 公司在本报告中已描述相关经营风险，详情请查阅本报告第三节管理层讨论与 分析。 2 / ...