Market Overview - The market experienced a slight pullback after an initial rise, with the Shanghai Composite Index and Shenzhen Component Index closing down by 0.03% and 0.22% respectively, while over 3,200 stocks rose and more than 1,900 stocks fell [4] Sector Performance - The computing power sector showed strength at the opening, with notable stocks like Zhongdian Port and Hongbo Shares hitting the daily limit, while other stocks like Hanguang Technology and Dazhi Technology also performed well [3] - The film sector saw a minor surge, with Hengdian Film hitting the daily limit and other companies like Wanda Film and Mango Super Media also rising [3] - The automotive parts sector experienced strong performance throughout the day, with multiple stocks including Dongli New Science and Technology and Yongtai Shares hitting the daily limit, leading to an overall increase of 1.72% in the sector [17] - The pharmaceutical sector had significant gains, with stocks like Lisheng Pharmaceutical and Wanbangde hitting the daily limit, contributing to a strong performance in the sector [3] Nvidia Concept Stocks - Nvidia concept stocks initially surged following the approval of H20 chip sales to China, with Zhongdian Port and Hongbo Shares hitting the daily limit, while other stocks like Altec and Robotech also showed strength [7] - The Nvidia concept index rose over 2% in the morning but closed with a nearly 1% increase [8] Film Industry - The film sector saw a rise of nearly 2.5% in the morning, driven by the upcoming release of major films, including Jiang Wen's "You Can!" and Da Peng's "Longan's Lychee," which are set to premiere this weekend [13] New IPO - Huadian New Energy - Huadian New Energy debuted on the Shanghai Stock Exchange, marking the largest IPO of the year, with an opening surge of nearly 73% and a peak increase of 220% during the day, ultimately closing up 125% [15]

卫星化学：上半年净利润预增31.32%-53.20% 7月15日晚，卫星化学（002648）发布2025年半年度业绩预告，公司预计上半年实现归属于上市公司股 东的净利润27亿元至31.5亿元，同比增长31.32%-53.20%；预计实现扣除非经常性损益后的净利润28.52 亿元至33.02亿元，同比增长27.65%-47.79%。 资料显示，卫星化学成立于2005年8月，主营业务是(聚)丙烯、丙烯酸及酯、乙二醇、环氧乙烷、环氧 丙烷和聚乙烯等产品的生产和销售。 所属行业：基础化工–化学原料–其他化学原料 中国核建：累计新签合同871.49亿元 7月15日晚，中国核建（601611）发布公告称，截至2025年6月，公司累计实现新签合同871.49亿元，累 计实现营业收入531.84亿元。 资料显示，中国核建成立于2010年12月，主营业务是核电工程建设及工业与民用工程建设。 所属行业：建筑装饰–基础建设–基建市政工程 资料显示，怡球资源成立于2001年3月，主营业务是利用所回收的各种废旧铝资源，进行分选、加工、 熔炼等工序，生产出再生铝合金产品。 所属行业：有色金属–工业金属–铝 光库科技：上半年净利润预增60 ...

Group 1 - The company, Nanjing Guanshi Technology Co., Ltd., expects a net loss of between -12 million and -18 million yuan for the first half of 2025, indicating a decline compared to the same period last year [1][2] - The projected net profit attributable to the parent company, excluding non-recurring gains and losses, is estimated to be between -28 million and -19 million yuan [1][2] - In the same period last year, the company reported a total profit of 18.73 million yuan and a net profit attributable to the parent company of 20.31 million yuan [1][2] Group 2 - The primary reason for the expected loss is the small revenue scale from the company's wholly-owned subsidiary, Ningbo Guanshi Semiconductor Co., Ltd., which is in the sample verification phase for its photomask project, along with increased depreciation and amortization expenses due to the conversion of construction in progress to fixed assets [2]

Core Viewpoint - Nanjing Guanshi Technology Co., Ltd. has experienced significant fluctuations in revenue and profit margins in its semiconductor display device business, leading to regulatory inquiries regarding its financial disclosures and operational performance [2][3]. Financial Performance - The company reported revenues of 894 million yuan in 2023 and 1.359 billion yuan in 2024, reflecting a year-on-year change of -19.26% and 51.95% respectively, primarily due to changes in the semiconductor display device business [3]. - The gross profit margin for this business decreased from 15.56% in 2023 to 10.25% in 2024, indicating a decline in profitability despite revenue growth [3][10]. Customer and Supplier Relationships - The company is required to disclose details about its top five customers and suppliers, including transaction amounts and balances, to explain the significant revenue increase and declining gross margins [3][4]. - Key customers include Xianyang Rainbow Optoelectronics and Nanjing Sharp Electronics, with the latter being a long-term partner that increased its business with the company in 2024 [5][8]. Product Performance - The main products in the semiconductor display device business include polarizers, functional devices, and liquid crystal panels, with polarizers accounting for approximately 66.91% of total revenue in 2023 [7][8]. - The revenue from polarizers increased by about 230 million yuan in 2024, driven by new customer acquisitions and increased sales to existing clients, although the gross margin decreased by approximately 4.5 percentage points due to competitive pricing pressures [8][10]. Capacity Utilization - The capacity utilization rates for polarizers and functional devices improved in 2024 compared to 2023, correlating with revenue growth [17][18]. - Liquid crystal panel production saw a shift from contract processing to self-purchased raw materials, leading to a significant increase in revenue but also higher costs and negative gross margins [9][15]. Impairment Losses - The company recognized fixed asset impairment losses of 28.2438 million yuan in 2024, primarily due to underutilization of liquid crystal panel production lines [3][20]. - Impairment assessments conducted in 2023 and 2024 indicated that the liquid crystal panel assets required adjustments based on projected cash flows and market conditions [20][22].

Core Viewpoint - The independent directors of Nanjing Guanshi Technology Co., Ltd. have provided their opinions regarding the company's response to the inquiry letter from the Shanghai Stock Exchange, emphasizing the importance of transparency and compliance with regulations [1]. Group 1: Investment and Financial Performance - The company plans to invest CNY 1.61 billion in the "Photo Mask Manufacturing Project," which commenced construction in October 2023 and aims to deliver 55nm photo masks by March 2025 [1]. - As of the end of 2024, the cumulative investment in the project reached CNY 1.092 billion, with an expected revenue of CNY 694,700 for 2024 [1]. - Cash payments for fixed assets and long-term assets from 2023 to 2024 were CNY 447 million and CNY 756 million, respectively, with significant increases in the book value of fixed assets and construction in progress [1]. Group 2: Supplier and Transaction Analysis - The independent directors confirmed that the top ten cash outflows for fixed asset purchases from 2023 to 2024 were thoroughly reviewed, and no related party transactions were identified [2]. - The directors also verified that the top ten counterparties for other non-current assets as of the end of 2023 and 2024 were not related parties, ensuring that funds did not flow to the company's controlling shareholders or their affiliates [2].

南京冠石科技股份有限公司独立董事 关于公司回复 2024 年年度报告信息披露问询函的 独立意见 根据中国证监会《上市公司独立董事管理办法》《上海证券交易所股票上市 规则》以及《公司章程》等有关规定，我们作为冠石科技股份有限公司（以下简 称"公司"）的独立董事，对上海证券交易所《关于南京冠石科技股份有限公司 2024 年年度报告的信息披露监管问询函》（上证公函【2025】0760 号）（以下 简称"《问询函》"）所涉及的相关事项予以了高度重视，本着客观、公平、公正 的原则，经认真核实《监管工作函》所涉及的相关事项并审阅相关资料，基于独 立判断的立场，现就相关问题发表如下独立意见： 问题 3.年报及前期公告显示，公司于 2023 年计划投资 16.10 亿元用于建设 "光掩膜版制造项目"，2023 年 10 月开工建设，2025 年 3 月实现 55 纳米光掩膜 版交付、40 纳米产线通线；截至 2024 年末，该项目累计已投入 10.92 亿元，2024 年实现营业收入 69.47 万元。2023 年至 2024 年，公司购建固定资产等长期资产 支付的现金分别为 4.47 亿元、7.56 亿元；同期末，固定资产 ...

证券代码：605588 证券简称：冠石科技 公告编号：2025-038 问题 1、 年报及前期公告显示，2023 年至 2024 年，公司分别实现营业收入 8.94 亿元、13.59 亿元，同比变动率为-19.26%、51.95%，主要系半导体显示 器件业务收入变化所致；同期该业务毛利率分别为 15.56%、10.25%，同比变动 1.03 个百分点、-5.31 个百分点。分地区看，2024 年公司外销收入 1.67 亿 元，同比增加 244.03%，而毛利率为-2.21%，同比减少 6.39 个百分点且远低 于内销毛利率水平。2024 年公司计提固定资产减值损失 2824.38 万元，主要系 液晶面板产线产能利用率不足，对相关生产设备计提减值 2757.65 万元；2023 年未对相关设备计提减值。 请公司补充披露：（1）2023 年至 2024 年半导体显示器件业务前五大客户、 供应商的名称及关联关系、交易具体内容及金额、往来款余额、期后回款及结 转情况等，说明报告期内该业务营业收入大幅增长、毛利率下降的原因，并结 1 南京冠石科技股份有限公司 关于上海证券交易所对公司 2024 年年度报告的 信息披露监 ...

| 信永中和会计师事务所 北京市东城区朝阳门北大街 联系电话: +86 (010) 6554 2288 | | | | --- | --- | --- | | 8 号富华大厦 A 座 9 层 | | telephone: +86 (010) 6554 2288 | | No.8, Chaoyangmen Beidajie, ShineWing Dongcheng District, Beijing, | 9/F, Block A, Fu Hua Mansion, | 传真: +86 (010) 6554 7190 | | certified public accountants 100027, P.R.China | | facsimile: +86 (010) 6554 7190 | 关于对南京冠石科技股份有限公司 2024 年年度报告上海证券交易所问询函的专项说明 XYZH/2025BJAA19F0026 南京冠石科技股份有限公司 上海证券交易所： 南京冠石科技股份有限公司（以下简称"公司"、"冠石科技"、"被审计单位"）、 信永中和会计师事务所（特殊普通合伙）（以下简称"我们"、"年审会计师"）近 日收 ...

证券代码：605588 证券简称：冠石科技 公告编号：2025-037 重要内容提示： 本期业绩预告适用于净利润为负值的情形。 南京冠石科技股份有限公司（以下简称"公司"）预计 2025 年半年度实现归属于母公司所有者的净利润为-1800 万元至 -1200 万元，与上年同期相比，将出现亏损。 公司预计 2025 年半年度实现归属于母公司所有者的扣除 非经常性损益后的净利润为-2800 万元到-1900 万元。 一、本期业绩预告情况 （一）业绩预告期间 南京冠石科技股份有限公司 2025 年半年度业绩预告 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。 （二）每股收益：0.28 元。 三、本期业绩预亏的主要原因 全资子公司宁波冠石半导体有限公司光掩膜版项目 2025 年 上半年进入送样验证期，收入规模较小，在建工程转固导致长期 资产折旧摊销等费用大幅增加。 四、风险提示 2025 年 1 月 1 日至 2025 年 6 月 30 日。 （二）业绩预告情况 1、经财务部门初步测算，预计 2025 年半年度实现归属于母 公司所有者 ...

Core Viewpoint - The company, Guanshi Technology (605588), anticipates a net loss attributable to shareholders of the parent company ranging from -18 million to -12 million yuan for the first half of 2025, indicating a year-on-year loss [1] Financial Performance - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -28 million and -19 million yuan for the same period [1] - The significant increase in expenses is attributed to the depreciation and amortization of long-term assets due to the completion of construction projects [1] Project Development - The wholly-owned subsidiary, Ningbo Guanshi Semiconductor Co., Ltd., is entering the sample verification phase for its photomask project in the first half of 2025, which is expected to generate a relatively small revenue scale [1]