一、董事会延期换届情况 证券代码：605588 证券简称：冠石科技 公告编号：2025-051 南京冠石科技股份有限公司 关于董事会延期换届及部分独立董事 任期届满的提示性公告 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。 根据《中华人民共和国公司法》《上市公司独立董事管理办法》等相关规定， 独立董事在上市公司连续任职时间不得超过六年。公司独立董事刘汉明先生任期 届满且连任时间达到六年，将届满离任。由于公司新一届董事会换届选举工作尚 未完成，且刘汉明先生届满离任将导致公司独立董事人数不足董事会成员的三分 之一，根据《中华人民共和国公司法》《上市公司独立董事管理办法》等相关规 定，刘汉明先生将继续履行其独立董事及董事会相关专门委员会委员职责，直至 公司股东大会选出新的独立董事。 公司董事会延期换届不会影响公司正常生产经营。公司将积极推进董事会换 届相关工作，并按照相关规定及时履行信息披露义务。 特此公告。 南京冠石科技股份有限公司董事会 2025 年 9 月 19 日 公司第二届董事会、监事会任期已届满。鉴于公司新一届董事会换 ...

Core Viewpoint - Guanshi Technology is currently in the sample verification phase for its 40nm photomask, with an overall verification cycle of approximately 6-9 months [2] Group 1: Project Progress - The construction period for the photomask project is set at 60 months, and upon completion, it will have an annual production capacity of 12,450 semiconductor photomasks [2] - The company's professional team possesses extensive technical R&D experience, production management experience, and industry resources in the semiconductor photomask field [2] Group 2: Market Position and Impact - Once the photomask manufacturing project is operational, the company will become a leading independent photomask producer in China, filling the gap in advanced process photomasks domestically and breaking the foreign monopoly on high-end photomasks [2] - The Ningbo photomask project is focused on technology nodes ranging from 350-28nm, primarily targeting 45-28nm, which will accelerate the import substitution process in high-precision, low-line-width semiconductor photomasks [2]

Group 1 - The core viewpoint of the article highlights that Guanshi Technology (605588.SH) reported a total operating revenue of 692 million yuan for the first half of 2025, marking an increase of 34.81 million yuan compared to the same period last year, achieving a year-on-year growth of 5.30% [1] - The company recorded a net profit attributable to shareholders of -12.18 million yuan, indicating a loss [1] - Operating cash flow showed a net inflow of 92.48 million yuan, ranking 34th among disclosed peers, with an increase of 45.18 million yuan compared to the same period last year, representing a year-on-year growth of 95.53% [1] Group 2 - The latest debt-to-asset ratio of the company stands at 63.73%, a decrease of 0.31 percentage points from the previous quarter [3] - The company's gross profit margin is reported at 5.68%, with a return on equity (ROE) of -1.18% [3] - The diluted earnings per share are -0.17 yuan, and the total asset turnover ratio is 0.24 times [3] Group 3 - The inventory turnover ratio is 4.69 times, ranking 10th among disclosed peers, with an increase of 1.47 times compared to the same period last year, reflecting a year-on-year growth of 45.50% [3] - The number of shareholders is 13,600, with the top ten shareholders holding a total of 50.84 million shares, accounting for 69.19% of the total share capital [3] - The top shareholder is Zhang Jianwei, holding 57.3 million shares [3]

Financial Performance - Company reported a total revenue of 692 million yuan for the first half of 2025, a year-on-year increase of 5.3% [1] - The net profit attributable to shareholders was -12.18 million yuan, representing a year-on-year decline of 159.98% [1] - The gross margin decreased to 5.68%, down 49.94% year-on-year, while the net margin fell to -1.76%, a decrease of 156.96% [1] - Total expenses (selling, administrative, and financial) amounted to 47.71 million yuan, accounting for 6.9% of revenue, an increase of 43.9% year-on-year [1] - Earnings per share were -0.17 yuan, a decline of 160.71% compared to the previous year [1] Business Overview - Company specializes in the research, production, and sales of semiconductor display devices and specialty adhesive materials [3] - Key products include polarizers, functional devices, signal connectors, and LCD panels, primarily used in consumer electronics such as TVs, smartphones, and tablets [3] - Company has established strong partnerships with leading display panel manufacturers like BOE, Huike, and Foxconn [4] Strategic Focus - Company is implementing a "big and small" development strategy, focusing on large-size screens with ultra-high definition (4K/8K) and small-size screens with functional devices [4] - Recently entered the semiconductor core materials sector through the investment in a photomask manufacturing project [4]

Core Viewpoint - Guan Shi Technology reported a decrease in shareholder accounts and an increase in average shareholding value, indicating a shift in investor sentiment despite a recent stock price increase [1][2]. Summary by Category Shareholder Information - As of July 31, 2025, the number of shareholders for Guan Shi Technology was 11,904, a decrease of 865 accounts or 6.77% from July 10, 2025 [1][2]. - The average number of shares held per account increased from 5,755 shares to 6,172 shares, with an average market value of 292,500 yuan per account [1][2]. - Compared to the optical and optoelectronic industry average, Guan Shi Technology's shareholder count is below the industry average of 68,200 accounts, while its average shareholding value exceeds the industry average of 164,300 yuan [1]. Stock Performance - From July 10 to July 31, 2025, Guan Shi Technology's stock price increased by 3.72%, despite the reduction in shareholder accounts [1][2]. - The stock experienced a previous decline of 5.28% from June 30 to July 10, 2025, and a notable increase of 42.49% from March 31, 2025 [2]. Capital Flow - During the period from July 10 to July 31, 2025, the net inflow of funds from major investors was 7.63 million yuan, while retail investors contributed a net inflow of 11.31 million yuan [2]. - Conversely, speculative funds saw a net outflow of 18.94 million yuan during the same period [2].

Core Viewpoint - Nanjing Guanshi Technology Co., Ltd. reported a decline in net profit and total profit for the first half of 2025, despite a slight increase in revenue, indicating challenges in the semiconductor display industry and the impact of increased costs and investments in new projects [2][3][8]. Company Overview and Financial Indicators - The company achieved operating revenue of approximately 691.55 million yuan, a 5.30% increase compared to the same period last year [2][3]. - Total profit was reported at approximately -23.76 million yuan, a significant decrease of 226.86% year-on-year [2][3]. - The net profit attributable to shareholders was approximately -12.18 million yuan, down 159.98% from the previous year [2][3]. - The net cash flow from operating activities increased by 95.53% to approximately 92.48 million yuan [2][3]. Industry and Main Business Situation - The global display panel capacity is increasingly shifting to mainland China, with predictions indicating that by 2025, mainland China's LCD panel capacity will account for 64% of the global total [3][8]. - The demand for upstream materials, such as polarizers, is expected to rise due to this capacity shift, benefiting local manufacturers [3][8]. - The professional display market is expanding, with LCD technology maintaining a competitive edge over OLED in various applications, driven by advancements in 5G, big data, and AI [3][8]. - The industrial display market is projected to grow at a compound annual growth rate of 6%, reaching a market size of approximately $7.26 billion by 2025 [3][8]. Main Products and Services - The company specializes in semiconductor display devices and special adhesive materials, including polarizers, functional devices, signal connectors, and LCD panels [3][8]. - Polarizers are critical components for all display screens, and the company has established a strong production capability in this area, covering sizes from 11 inches to 100 inches [3][8]. - The company is also expanding into the photomask manufacturing sector, with a planned investment of 1.61 billion yuan, aiming to fill gaps in domestic advanced photomask production [3][8]. Operational Analysis - The company has maintained stable production capacity for polarizers and has successfully established production lines for LCD panels [3][8]. - The company is focusing on enhancing its market presence in special adhesive materials, particularly in the automotive sector, which is experiencing significant growth due to electrification trends [3][8]. - The company has implemented automated production lines to improve efficiency and reduce costs, while also enhancing product quality through rigorous quality control measures [3][8].

Core Viewpoint - Nanjing Keystone Technology Co., Ltd. reported a significant decline in net profit and total profit for the first half of 2025, indicating potential challenges in its operational performance despite a slight increase in revenue [1]. Financial Performance - Total assets at the end of the reporting period were approximately CNY 2.84 billion, a decrease of 0.39% compared to the end of the previous year [1]. - Operating revenue reached approximately CNY 691.55 million, reflecting a year-on-year increase of 5.30% [1]. - Total profit for the period was approximately -CNY 23.76 million, a decline of 226.86% compared to the previous year [1]. - Net profit attributable to shareholders was approximately -CNY 12.18 million, representing a decrease of 159.98% year-on-year [1]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately -CNY 21.26 million, a decline of 234.02% compared to the previous year [1]. - The weighted average return on net assets decreased to -1.18%, down 3.09 percentage points from the previous year [1]. - Basic and diluted earnings per share were both -CNY 0.17, a decrease of 160.71% year-on-year [1]. Shareholder Information - The total number of shareholders at the end of the reporting period was 13,617 [1]. - The largest shareholder, Zhang Jianwei, holds 57.34% of the shares, amounting to 42,133,333 shares [2].

Core Points - The board of directors of Nanjing Guanshi Technology Co., Ltd. held its 27th meeting on August 28, 2025, where all five attending directors approved the agenda items [1][2] - The meeting reviewed and approved the 2025 semi-annual report and its summary, with unanimous support from the directors [1] - The meeting also approved the special report on the storage and use of raised funds for the first half of 2025, again with unanimous support [2] Summary by Category - **Meeting Details** - The meeting was held in person at the company's conference room, with all five directors present [1] - The meeting complied with the Company Law of the People's Republic of China and the company's articles of association [1] - **Approved Resolutions** - The 2025 semi-annual report and its summary were approved unanimously [1] - The special report on the storage and use of raised funds for the first half of 2025 was also approved unanimously [2] - **Disclosure** - Detailed information regarding the semi-annual report and the special report on raised funds is available on the Shanghai Stock Exchange website [1][2]

Group 1 - The core viewpoint of the announcement is that Nanjing Guanshi Technology Co., Ltd. held its 22nd meeting of the second supervisory board on August 28, 2025, where the half-year report and its summary were approved unanimously by the supervisors [1][2] - The supervisory board confirmed that the preparation and review procedures of the 2025 half-year report comply with relevant laws, regulations, and internal management systems [2] - The content and format of the 2025 half-year report meet the requirements of the China Securities Regulatory Commission and the Shanghai Stock Exchange, accurately reflecting the company's operational results and financial status during the reporting period [2] Group 2 - The supervisory board also approved the special report on the storage and use of raised funds for the first half of 2025, with unanimous support from all supervisors [2] - Detailed information regarding the half-year report and the special report on raised funds is available on the Shanghai Stock Exchange website [2]

Summary of Key Points Core Viewpoint The report provides a detailed account of Nanjing Guanshi Technology Co., Ltd.'s fundraising activities, including the amount raised, its usage, and management practices, ensuring compliance with regulatory requirements and protecting investor interests. Group 1: Fundraising Overview - The company raised a total of RMB 501,100,500 through the issuance of 18,275,000 shares at RMB 27.42 per share, with net proceeds amounting to RMB 455,867,927.74 after deducting issuance costs [1][2][3] - As of June 30, 2025, the company has utilized RMB 380,779,938.44 of the raised funds, leaving a remaining balance of RMB 98,261,870.03 [1][2][3] - The total amount used in the first half of 2025 was RMB 118,935,655.08, with previous years accounting for RMB 261,844,283.36 [1][2][3] Group 2: Fund Management Practices - The company has established a fundraising management system in compliance with relevant laws and regulations, ensuring funds are stored in dedicated bank accounts [1][2][3] - A tripartite supervision agreement was signed with banks and the sponsor to regulate the use and storage of the funds, which has been strictly adhered to [1][2][3] - As of June 30, 2025, the company has canceled the fundraising accounts as per the regulatory requirements [1][2][3] Group 3: Fund Usage and Project Updates - The company has invested RMB 11,893.56 million in fundraising projects during the reporting period, with a cumulative investment of RMB 38,077.99 million [5][6][7] - A significant portion of the funds has been redirected to the "Photomask Manufacturing Project," with 56.27% of the total funds being reallocated due to market demand fluctuations [5][6][7] - The company has not encountered any issues with the use of funds, and all activities have been reported transparently [5][6][7]