证券代码：603879 证券简称：永悦科技 公告编号：2025-036 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: 截止本公告披露日，永悦科技股份有限公司（以下简称"公司"、"上市 公司"或"本公司"）控股股东江苏华英企业管理股份有限公司（以下简称"江 苏华英"）持有本公司股票 62,159,500 股，占公司总股本的 17.30%。 本次股份解质押及再质押后，控股股东江苏华英处于质押状态的股份累 计 61,500,000 股，占其持有公司股份总数的 98.94%，占公司总股本的 17.11%。 公司于 2025 年 9 月 4 日收到公司控股股东江苏华英通知，获悉江苏华英所 持有的部分公司股份办理了解除质押及再质押的手续，现将具体情况公告如下： 1 股东名称 江苏华英企业管理股份有限公司 本次解质股份 7,000,000 股 占其所持股份比例 11.26% 占公司总股本比例 1.95% 解质时间 2025 年 9 月 3 日 持股数量 62,159,500 股 一、本次股份解除质押的情况 | 持股比例 | ...

Group 1 - The core point of the news is that Jiangsu Huaying Enterprise Management Co., Ltd. has pledged 8.5 million shares of Yongyue Technology, accounting for 2.37% of the total share capital [1] - The pledged shares represent 13.67% of the shareholder's total holdings, with the pledge starting on August 26, 2025 [1] Group 2 - Yongyue Technology reported a main revenue of 149 million yuan for the first half of 2025, a year-on-year decrease of 6.16% [2] - The net profit attributable to the parent company was -6.1745 million yuan, which is a year-on-year increase of 75.24% [2] - The company's second-quarter revenue was 88.1491 million yuan, also reflecting a year-on-year decline of 6.24% [2] - The second-quarter net profit attributable to the parent company was -337,900 yuan, showing a significant year-on-year increase of 97.35% [2] - Yongyue Technology's main business includes unsaturated polyester resin and drone operations [2]

Company Overview - Yongyue Technology (SH 603879) announced on September 2 that after the share pledge and re-pledge, the controlling shareholder Jiangsu Huaying has a total of 61.5 million shares under pledge, accounting for 98.94% of its total holdings in the company and 17.11% of the company's total share capital [1] Revenue Composition - For the year 2024, Yongyue Technology's revenue composition is as follows: Chemical product manufacturing accounts for 96.72%, intelligent unmanned aerial vehicle manufacturing accounts for 2.93%, and other businesses account for 0.35% [1] Market Capitalization - As of the report date, Yongyue Technology has a market capitalization of 2.5 billion yuan [1]

证券代码：603879 证券简称：永悦科技 公告编号：2025-035 永悦科技股份有限公司 关于公司控股股东股份解除质押及再质押的公告 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。 本次质押的股份不存在被用作重大资产重组业绩补偿等事项的担保或其他 保障用途。 重要内容提示: 截止本公告披露日，永悦科技股份有限公司（以下简称"公司"、"上市 公司"或"本公司"）控股股东江苏华英企业管理股份有限公司（以下简称"江 苏华英"）持有本公司股票 62,159,500 股，占公司总股本的 17.30%。 本次股份解质押及再质押后，控股股东江苏华英处于质押状态的股份累 计 61,500,000 股，占其持有公司股份总数的 98.94%，占公司总股本的 17.11%。 公司于 2025 年 9 月 2 日收到公司控股股东江苏华英通知，获悉江苏华英所 持有的部分公司股份办理了解除质押及再质押的手续，现将具体情况公告如下： 1 股东名称 江苏华英企业管理股份有限公司 本次解质股份 8,500,000 股 占其所持股份比例 13.67% 占公司 ...

Core Viewpoint - Yongyue Technology (603879) reported a decline in total revenue for the first half of 2025, but showed improvement in profitability metrics, indicating a mixed financial performance [1] Financial Performance Summary - Total revenue for the first half of 2025 was 149 million yuan, a decrease of 6.16% year-on-year [1] - Net profit attributable to shareholders was -6.17 million yuan, an increase of 75.24% year-on-year [1] - Gross margin improved to 9.06%, up 40.73% year-on-year, while net margin was -4.14%, up 73.63% year-on-year [1] - Total expenses (selling, administrative, and financial) amounted to 17.99 million yuan, accounting for 12.08% of revenue, a decrease of 48.38% year-on-year [1] - Earnings per share were -0.02 yuan, an increase of 75.47% year-on-year [1] Cash Flow and Balance Sheet Changes - Cash and cash equivalents decreased by 64.36% due to daily operational expenditures [3] - Short-term borrowings decreased by 85.29% as a result of repayment [5] - Contract liabilities increased by 439.15% due to an increase in advance payments [5] - Operating cash flow improved by 45.15% due to reduced daily operational expenses [5] Historical Performance and Investment Return - The company's historical return on invested capital (ROIC) has been generally low, with a median of 6.74% since its listing, and a particularly poor ROIC of -44.72% in 2024 [6] - The company has reported losses in three out of seven annual reports since its listing, indicating a fragile business model [6] Recommendations and Observations - Attention is advised on the company's cash flow situation, with cash and cash equivalents to current liabilities ratio at 56.88% [7] - Financial expenses have been a concern, with negative net cash flow from operating activities over the past three years [7]

Group 1 - The core viewpoint of the article is that Yongyue Technology (603879.SH) reported a decline in revenue and a net loss in its mid-year financial results for 2025 [1] Group 2 - In the first half of 2025, the company achieved an operating revenue of 149 million yuan, representing a year-on-year decrease of 6.16% [1] - The net profit attributable to shareholders of the parent company was a loss of 6.1745 million yuan, which is an improvement of 18.7626 million yuan compared to the same period last year [1] - The basic earnings per share were reported at -0.0171 yuan [1]

Group 1 - The core viewpoint of the news is that Yongyue Technology has seen a significant increase in shareholder accounts, with a 95.71% rise from March 31, 2025, to June 30, 2025, reaching 21,540 accounts [1][2] - The average number of shares held per account decreased from 32,600 shares to 16,700 shares, with an average market value of 107,800 yuan per account [1][2] - Compared to the plastic industry average, Yongyue Technology's shareholder accounts are below the industry average of 26,200 accounts, and the average market value of shares held is also lower than the industry average of 220,000 yuan [1][2] Group 2 - From March 31, 2025, to June 30, 2025, Yongyue Technology's stock price increased by 57.56%, coinciding with the increase in shareholder accounts [1][2] - During this period, the net outflow of main funds was 300 million yuan, while retail investors contributed a net inflow of 268 million yuan [2]

Core Viewpoint - The report highlights the financial performance of Yongyue Technology Co., Ltd. for the first half of 2025, indicating a decline in revenue and net profit, while also emphasizing the company's strategic focus on the unsaturated polyester resin and drone industries amidst a competitive market environment [1][2]. Company Overview and Financial Indicators - Yongyue Technology Co., Ltd. reported a revenue of 148.99 million yuan for the first half of 2025, a decrease of 6.16% compared to the same period last year [2][14]. - The total profit for the period was -8.33 million yuan, with a net profit attributable to shareholders of -6.17 million yuan, reflecting a significant improvement in losses by 75.24% year-on-year [2][14]. - The company's total assets decreased by 10.34% to 300.59 million yuan compared to the end of the previous year [2][14]. Industry and Business Situation - The company operates in the chemical raw materials and chemical products manufacturing industry, specifically in the unsaturated polyester resin sector, which is characterized by intense competition and a trend towards market consolidation among larger brand enterprises [3][4]. - The drone industry is highlighted as a strategic growth area, supported by government policies and increasing application scenarios, marking it as a key component of the low-altitude economy [3][4]. Business Operations - The company has restructured its operations to focus on two main product lines: unsaturated polyester resin and drone products, with a stable supply chain for raw materials [4][6]. - The procurement strategy involves sourcing key raw materials like styrene and maleic anhydride directly from manufacturers to ensure quality and cost-effectiveness [4][6]. - The sales model is primarily direct sales to manufacturers, with a focus on customized solutions for various applications [5][6]. Financial Performance Analysis - The operating costs decreased by 8.79% to 135.48 million yuan, while sales expenses dropped by 31.10% and management expenses decreased by 57.86%, indicating effective cost control measures [14]. - The net cash flow from operating activities was -13.80 million yuan, showing a reduction in daily operational expenditures [14]. Competitive Advantages - The company benefits from its strategic location in Fujian, which is a significant production base for artificial stone, providing a logistical advantage and lower transportation costs [7][8]. - Continuous investment in research and development has enabled the company to innovate and improve production processes, including the use of recycled PET in resin production, which reduces costs and environmental impact [8][9]. Environmental and Safety Management - The company emphasizes environmental protection and has implemented a comprehensive safety management system to mitigate risks associated with hazardous materials [9][10]. - The production processes are designed to comply with national environmental standards, ensuring sustainable operations [10][11].

永悦科技股份有限公司2025 年半年度报告摘要 第三节重要事项 公司应当根据重要性原则，说明报告期内公司经营情况的重大变化，以及报告期内发生的对公司 经营情况有重大影响和预计未来会有重大影响的事项 展规划，投资者应当到 www.sse.com.cn 网站仔细阅读半年度报告全文。 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。 无 | | 第二节公司基本情况 | | | | --- | --- | --- | --- | | | 公司股票简况 | | | | 股票种类 | 股票上市交易所 | 股票简称 | 股票代码 变更前股票简称 | | A股 | 上海证券交易所 | 永悦科技 603879 | ST永悦 | | 联系人和联系方式 | 董事会秘书 | | 证券事务代表 | | 姓名 | 姚俊宾 | 陈颖 | | | 电话 | 0595-87259025 | 0595-87259025 | | | 办公地址 | 盐城市大丰区大中街道永盛路 | | 盐城市大丰区大中街道永盛路 | | | 东，瑞丰路南大学生创业园5幢 | | 东，瑞丰路南大学生创业园5幢 | | 电子信箱 | yjb@f ...

Core Insights - Yongyue Technology reported a revenue of 149 million yuan for the first half of 2025, a year-on-year decrease of 6.16% [1] - The company experienced a net loss attributable to shareholders of 6.17 million yuan, but this represents a year-on-year improvement of 75.24% [1] - The basic earnings per share for the period was -0.02 yuan [2] Financial Performance - The gross profit margin for the first half of 2025 was 9.06%, an increase of 2.62 percentage points year-on-year [2] - The net profit margin was -4.14%, which improved by 11.57 percentage points compared to the same period last year [2] - In Q2 2025, the gross profit margin rose to 14.16%, up 7.28 percentage points year-on-year and 12.48 percentage points quarter-on-quarter [2] - The net profit margin for Q2 2025 was -0.38%, showing an increase of 13.20 percentage points year-on-year and 9.22 percentage points quarter-on-quarter [2] Expense Management - Total operating expenses for the first half of 2025 were 21.79 million yuan, a decrease of 19.21 million yuan from the previous year [2] - The expense ratio was 14.63%, down 11.20 percentage points year-on-year [2] - Sales expenses decreased by 31.10%, management expenses decreased by 57.86%, R&D expenses decreased by 1.41%, and financial expenses decreased by 87.72% [2] Company Overview - Yongyue Technology, established on October 10, 2011, is located in Quanzhou, Fujian Province, and was listed on June 14, 2017 [3] - The company specializes in the research, production, and sales of synthetic resins, primarily unsaturated polyester resins, which account for 96.72% of its revenue [3] - The company operates in the basic chemical industry, specifically in plastics and synthetic resins, and is involved in various concept sectors including micro-cap stocks and low-altitude economy [3]