证券代码：688097 证券简称：博众精工 公告编号：2025-041 博众精工科技股份有限公司 第三届监事会第十四次会议决议公告 本公司监事会及全体监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、准确性和完整性依法承担法律责任。 具体内容详见公司于同日在上海证券交易所网站（www.sse.com.cn）上披露的相关 定期报告。 （二）审议通过《关于公司 2025 年半年度利润分配预案的议案》 经审议，监事会认为公司 2025 年半年度利润分配预案符合《中华人民共和国公司 法》《上市公司监管指引第 3 号——上市公司现金分红》及《公司章程》等有关规定， 与公司规模、发展阶段和经营能力相适应，在考量公司发展规划、盈利情况和资金需求 的基础上，充分尊重了公司股东特别是中小股东的利益，体现了公司分配政策的一致性， 实施该方案符合公司和全体股东的利益，不存在损害中小股东利益的情况。公司监事会 一致同意《关于公司 2025 年半年度利润分配方案的议案》。 表决结果：3 票同意，0 票反对，0 票弃权。 一、监事会会议召集情况 博众精工科技股份有限公司（以下简称"公司"）第三届监事会第 ...

证券代码：688097 证券简称：博众精工 公告编号：2025-042 博众精工科技股份有限公司 关于 2025 年半年度利润分配预案的公告 公司拟向全体股东每 10 股派发现金红利 0.93 元（含税）。截至 2025 年 6 月 30 日，公司总股本 446,647,765 股，扣减回购专用账户的股数 2,914,537 股，以此计算合 计拟派发现金红利 41,267,190.20 元（含税），占公司 2025 年半年度归属于上市公司 股东的净利润的比例为 25.38%。公司 2025 年半年度不进行资本公积转增股本，不送红 股。 如在本公告披露之日起至实施权益分派股权登记日期间，因可转债转股/回购股份/ 股权激励授予股份回购注销/重大资产重组股份回购注销等致使公司总股本发生变动 的，公司拟维持每股分配比例不变，相应调整分配总额。如后续总股本发生变化，将另 行公告具体调整情况。 本次利润分配预案尚需提交股东大会审议。 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、准确性和完整性依法承担法律责任。 重要内容提示： ● 每股分配比例：每 10 股派发现金 ...

[Important Notice](index=2&type=section&id=Important%20Notice) [Statement by the Board of Directors, Supervisory Board, and Senior Management](index=2&type=section&id=I.%20Statement%20by%20the%20Board%20of%20Directors%2C%20Supervisory%20Board%2C%20and%20Senior%20Management) The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report content and assume corresponding legal responsibilities - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report content, free from false records, misleading statements, or major omissions, and assume individual and joint legal liabilities[3](index=3&type=chunk) [Significant Risk Warning](index=2&type=section&id=II.%20Significant%20Risk%20Warning) The company has detailed potential operating risks and countermeasures in the report, advising review of "Section III Management Discussion and Analysis/V. Risk Factors" - The company has elaborated on various risks and countermeasures in its operations within this report, please refer to "Section III Management Discussion and Analysis/V. Risk Factors"[3](index=3&type=chunk) [Unaudited Statement](index=2&type=section&id=IV.%20Unaudited%20Statement) This semi-annual report is unaudited - This semi-annual report is unaudited[3](index=3&type=chunk) [Profit Distribution Plan](index=2&type=section&id=VI.%20Profit%20Distribution%20Plan) The company proposes a cash dividend of RMB 0.93 (tax inclusive) per 10 shares to all shareholders based on the total share capital as of June 30, 2025, totaling RMB 41,267,190.204 (tax inclusive) 2025 Semi-Annual Profit Distribution Plan | Indicator | Amount/Description | | :--- | :--- | | Cash dividend per 10 shares (tax inclusive) | RMB 0.93 | | Total share capital (June 30, 2025) | 446,647,765 shares | | Shares deducted for repurchase account | 2,914,537 shares | | Total proposed cash dividend (tax inclusive) | RMB 41,267,190.204 | | Bonus shares | None | | Capital reserve to share capital conversion | None | [Risk Statement Regarding Forward-Looking Statements](index=2&type=section&id=VIII.%20Risk%20Statement%20Regarding%20Forward-Looking%20Statements) Forward-looking statements in the report, including future plans and development strategies, do not constitute substantive commitments, and investors should be aware of investment risks - Forward-looking statements in this report, including the company's future plans and development strategies, do not constitute substantive commitments to investors; investors and relevant parties should maintain sufficient risk awareness and understand the differences between plans, forecasts, and commitments, please note investment risks[5](index=5&type=chunk) [Section I Definitions](index=4&type=section&id=Section%20I%20Definitions) [Definitions of Common Terms](index=4&type=section&id=Definitions%20of%20Common%20Terms) This section defines common terms used in the report, including company name, subsidiaries, related parties, reporting period, and technical terms like AR/VR, CAD, CCD, PCB, SMT, FATP - The reporting period refers to January 1, 2025, to June 30, 2025[11](index=11&type=chunk) - The company's full name is Bozhon Precision Industry Technology Co., Ltd., abbreviated as Bozhon Precision Industry[11](index=11&type=chunk) - Several wholly-owned or controlled subsidiaries are listed, including Shanghai Shenxiang, Bozhon Robotics, and Shenzhen Bozhon Laser[11](index=11&type=chunk) [Section II Company Profile and Key Financial Indicators](index=6&type=section&id=Section%20II%20Company%20Profile%20and%20Key%20Financial%20Indicators) [Company Basic Information](index=6&type=section&id=I.%20Company%20Basic%20Information) This section introduces the basic information of Bozhon Precision Industry Technology Co., Ltd., including its Chinese name, abbreviation, legal representative, registered and office address, company website, and email address - The company's Chinese name is Bozhon Precision Industry Technology Co., Ltd., abbreviated as Bozhon Precision Industry[14](index=14&type=chunk) - The legal representative is Lü Shaolin, and the registered and office address is at No. 666 Huxin West Road, Wujiang Economic and Technological Development Zone[14](index=14&type=chunk) [Contact Person and Contact Information](index=6&type=section&id=II.%20Contact%20Person%20and%20Contact%20Information) Discloses contact information for Yu Jun, the company's Board Secretary (domestic representative for information disclosure), and Yang Qing, the Securities Affairs Representative, including address, phone, and email - The Board Secretary is Yu Jun, and the Securities Affairs Representative is Yang Qing; their contact address is No. 666 Huxin West Road, Wujiang Economic and Technological Development Zone, phone 0512-63931738, and email zhengquanbu@bozhon.com[15](index=15&type=chunk) [Brief Introduction to Changes in Information Disclosure and Document Custody Locations](index=6&type=section&id=III.%20Brief%20Introduction%20to%20Changes%20in%20Information%20Disclosure%20and%20Document%20Custody%20Locations) The company designates "Shanghai Securities News" and "China Securities Journal" for information disclosure, with the semi-annual report published on www.sse.com.cn and available at the company's securities department office - The company's designated information disclosure newspapers are "Shanghai Securities News" and "China Securities Journal", and the website for the semi-annual report is www.sse.com.cn[16](index=16&type=chunk) - The company's semi-annual report is available at the company's securities department office[16](index=16&type=chunk) [Overview of Company Shares/Depositary Receipts](index=6&type=section&id=IV.%20Overview%20of%20Company%20Shares%2FDepositary%20Receipts) The company's shares are RMB ordinary shares (A-shares), listed on the STAR Market of the Shanghai Stock Exchange, with stock abbreviation "Bozhon Precision Industry" and stock code 688097 - The company's shares are RMB ordinary shares (A-shares), listed on the STAR Market of the Shanghai Stock Exchange[17](index=17&type=chunk) - The stock abbreviation is "Bozhon Precision Industry", and the stock code is 688097[17](index=17&type=chunk) [Company's Key Accounting Data and Financial Indicators](index=7&type=section&id=VI.%20Company%27s%20Key%20Accounting%20Data%20and%20Financial%20Indicators) During the reporting period, the company's operating revenue increased by 2.34%, total profit by 47.86%, and net profit attributable to shareholders by 69.69%, primarily due to increased investment income; net cash flow from operating activities turned positive Key Accounting Data (January-June 2025 vs. Prior Year Period) | Indicator | This Period (Jan-Jun) | Prior Year Period | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | RMB 1,876,497,488.45 | RMB 1,833,538,374.18 | 2.34 | | Total Profit | RMB 151,356,772.36 | RMB 102,366,172.89 | 47.86 | | Net Profit Attributable to Shareholders of Listed Company | RMB 162,617,134.42 | RMB 95,833,820.54 | 69.69 | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-Recurring Gains/Losses) | RMB 76,514,741.45 | RMB 75,368,769.82 | 1.52 | | Net Cash Flow from Operating Activities | RMB 298,315,429.41 | RMB -336,890,672.94 | N/A | Key Financial Indicators (January-June 2025 vs. Prior Year Period) | Indicator | This Period (Jan-Jun) | Prior Year Period | YoY Change (%) | | :--- | :--- | :--- | :--- | | Basic Earnings Per Share (RMB/share) | 0.364 | 0.216 | 68.52 | | Diluted Earnings Per Share (RMB/share) | 0.364 | 0.216 | 68.52 | | Basic Earnings Per Share (Excluding Non-Recurring Gains/Losses) (RMB/share) | 0.171 | 0.170 | 0.59 | | Weighted Average Return on Net Assets (%) | 3.59 | 2.27 | Increased by 1.32 percentage points | | Weighted Average Return on Net Assets (Excluding Non-Recurring Gains/Losses) (%) | 1.69 | 1.78 | Decreased by 0.09 percentage points | | R&D Investment as % of Operating Revenue (%) | 12.55 | 12.83 | Decreased by 0.28 percentage points | - Net profit attributable to shareholders of the listed company increased by **69.69%**, primarily due to increased investment income[20](index=20&type=chunk) [Non-Recurring Gains and Losses and Amounts](index=7&type=section&id=VIII.%20Non-Recurring%20Gains%20and%20Losses%20and%20Amounts) During the reporting period, the company's total non-recurring gains and losses amounted to RMB 86,102,392.97, mainly comprising disposal gains/losses on non-current assets and government subsidies Non-Recurring Gains and Losses Items and Amounts | Non-Recurring Gains and Losses Item | Amount (RMB) | | :--- | :--- | | Gains and losses from disposal of non-current assets | 59,260,299.83 | | Government subsidies recognized in current profit or loss | 43,624,262.45 | | Other non-operating income and expenses apart from the above | -1,662,038.74 | | Less: Income tax impact | -14,362,393.15 | | Impact on minority interests (after tax) | -757,737.42 | | **Total** | **86,102,392.97** | [Section III Management Discussion and Analysis](index=9&type=section&id=Section%20III%20Management%20Discussion%20and%20Analysis) [Explanation of the Company's Industry and Main Business Operations During the Reporting Period](index=9&type=section&id=I.%20Explanation%20of%20the%20Company%27s%20Industry%20and%20Main%20Business%20Operations%20During%20the%20Reporting%20Period) The company's main business involves R&D, design, production, sales, and technical services for automation equipment, production lines, and fixtures, belonging to the intelligent equipment manufacturing industry; the global industrial automation market is projected to grow at a 7.3% CAGR from 2024-2029, with China's market growing faster at 12.7%; products are widely used in consumer electronics, lithium batteries, smart charging/swapping stations, smart warehousing logistics, automotive automation, semiconductors, and instrumentation - The company's main business belongs to "C35 Special Equipment Manufacturing" and broadly to the intelligent equipment manufacturing industry[26](index=26&type=chunk) Global and China Industrial Automation Market Size Forecast | Market | 2024 Size | 2029 Forecast Size | 2024-2029 CAGR | | :--- | :--- | :--- | :--- | | Global Industrial Automation Market | USD 509.6 billion | USD 724.7 billion | 7.3% | | China Industrial Automation Market | USD 45.9 billion | USD 83.3 billion | 12.7% | - The company's product categories are continuously expanding, business scale has grown, profitability has improved, leveraging its advantages as a technology platform enterprise[35](index=35&type=chunk) [Industry Overview](index=9&type=section&id=(I)Industry%20Overview) The industrial automation equipment industry is rapidly growing amid global manufacturing transformation, especially in China, driven by strong industrial foundations and broad applications, with future growth expected to exceed global averages; trends include sustained demand, high-precision and highly integrated equipment, and technology as core competitiveness - The global industrial automation market is expected to maintain strong growth in the foreseeable future, primarily driven by increasing applications in consumer electronics, automotive, photovoltaic, and power battery industries[28](index=28&type=chunk) - China's industrial automation market reached **USD 45.9 billion**, accounting for **9.0%** of the global market, and is projected to reach **USD 83.3 billion** by 2029, with a CAGR of **12.7%**[29](index=29&type=chunk)[30](index=30&type=chunk) - Industry development trends include continuous growth in demand for industrial automation equipment, a shift towards high precision and high integration, and technological strength becoming a core competitive advantage for enterprises[31](index=31&type=chunk)[32](index=32&type=chunk)[33](index=33&type=chunk) [Main Business Operations](index=10&type=section&id=(II)Main%20Business%20Operations) The company specializes in intelligent manufacturing equipment, offering automation equipment, flexible production lines, and fixtures, along with smart factory solutions; its business spans high-tech sectors like consumer electronics, lithium battery special machines, smart charging/swapping stations, smart warehousing logistics, automotive automation, semiconductors, and instrumentation, achieving growth and improved profitability through technological innovation and customer retention - The company primarily engages in the R&D, design, production, sales, and technical services of automation equipment, automated flexible production lines, and fixtures, and can provide overall solutions for smart factories[35](index=35&type=chunk) - The company continuously consolidates its advantages in the consumer electronics sector and actively develops areas such as lithium battery standard equipment, new energy vehicle battery swap stations, smart warehousing logistics, automotive automation, semiconductors, and instrumentation[35](index=35&type=chunk) - Main products include automated inspection equipment, automated assembly equipment, automated flexible production lines, automated logistics and warehousing equipment (systems), and functional fixtures[36](index=36&type=chunk) [Consumer Electronics](index=11&type=section&id=(1)Consumer%20Electronics) Consumer electronics is a core business area, covering a full range of terminal products like smartphones, tablets, TWS earphones, smartwatches, laptops, and AR/MR/VR devices, extending to front-end component and module assembly, inspection, measurement, and testing, providing high-precision, high-efficiency full-line assembly, dispensing, placement, airtightness testing, screw locking, printing, appearance inspection, measurement, and automated loading/unloading equipment - Consumer electronics is a core business area for the company, with the development goal of deepening and strengthening to achieve steady growth[36](index=36&type=chunk) - Equipment is applied to a full range of terminal products including smartphones, tablets, TWS Bluetooth earphones, smartwatches, laptops, smart speakers, and AR/MR/VR products[39](index=39&type=chunk) - The business has vertically extended to front-end component and module assembly, inspection, measurement, and testing stages, such as camera modules, casings, batteries, MiniLED screens, and MR optical engine modules[39](index=39&type=chunk) [Lithium Battery Special Equipment](index=19&type=section&id=(2)Lithium%20Battery%20Special%20Equipment) The company provides lithium battery equipment such as liquid injection machines, module PACK lines, tape applicators, and stacking machines, including rotary, square cavity, tunnel cavity, and cylindrical battery liquid injection machines, as well as module PACK lines and fourth-generation high-speed thermal composite cutting and stacking integrated machines for energy storage and power battery markets, offering stable injection, high operating efficiency, high precision, and comprehensive functions - The company primarily provides customers with equipment such as liquid injection machines, module PACK lines, tape applicators, and stacking machines[48](index=48&type=chunk) - Liquid injection machine equipment includes rotary, square cavity, and aluminum shell liquid injection machines, characterized by stable injection, high operating efficiency, high operating precision, and comprehensive functions[48](index=48&type=chunk) - Stacking machine equipment primarily focuses on the fourth-generation high-speed thermal composite cutting and stacking integrated machine, while module PACK lines are mainly applied in the energy storage and power battery markets[48](index=48&type=chunk) [Smart Charging and Swapping Stations](index=21&type=section&id=(3)Smart%20Charging%20and%20Swapping%20Stations) Since 2018, the company has entered the smart charging and swapping station sector, providing fully automatic stations for NIO and others, achieving breakthroughs in AI vision inspection, remote operation and maintenance, and flexible charging; products cover passenger and commercial vehicle stations with all-weather adaptive technology, and in collaboration with CATL, SAIC Group, etc., over 300 swapping stations have been delivered - The company has been strategically developing the charging and swapping station sector since 2018, building fully automatic charging and swapping stations for NIO and accumulating extensive industry experience[52](index=52&type=chunk) - Significant breakthroughs have been made in equipment intelligence and energy management integration, introducing AI vision inspection, combining remote operation and maintenance, and flexible charging[52](index=52&type=chunk) - Product components self-sufficiency rate is as high as **85%**, and cooperative relationships have been established with companies such as CATL, SAIC Group, and PetroChina[55](index=55&type=chunk) [Smart Warehousing and Logistics](index=22&type=section&id=(4)Smart%20Warehousing%20and%20Logistics) The company's smart logistics business provides automated warehousing and logistics systems, including automated stereo warehouses, dense storage systems, conveyor line systems, AGV workshop logistics systems, automatic depalletizing/palletizing systems, WMS, and digital twin systems, covering industries such as electronics, textiles, chemical fibers, tires, and lithium batteries, offering integrated services from planning, design, and production to implementation and after-sales - Smart logistics is a crucial part of the company's intelligent manufacturing strategy, with the development goal of expanding and strengthening the smart logistics sector within intelligent manufacturing[56](index=56&type=chunk) - Business covers shelves, stacker cranes, four-way shuttles, AGV systems, conveyors, WMS warehouse management systems, and digital twin systems[57](index=57&type=chunk) - Provides one-stop automated warehousing and logistics services, with business covering industries such as electronics, textiles, chemical fibers, tires, and lithium batteries[57](index=57&type=chunk) [Automotive Automation](index=24&type=section&id=(5)Automotive%20Automation) The company has extensive experience in automotive automation, providing process equipment for automotive electric drives, automotive electronics, and structural components, as well as intelligent conveying systems for automotive and automotive parts production; the acquisition of Shanghai Wodian strengthened its leading edge in intelligent conveying and information systems, and it is actively expanding into international markets - The company has deep expertise in automotive electric drives, automotive electronics, and automotive structural components, providing full process manufacturing equipment[60](index=60&type=chunk) - Acquired Shanghai Wodian Industrial Automation Co., Ltd., taking over the business of intelligent conveying systems for automotive and automotive parts production[64](index=64&type=chunk) - Shanghai Wodian's products are widely used in high-end manufacturing sectors such as automotive and parts, intelligent assembly, and industrial logistics, and have successfully entered markets in Europe, America, Southeast Asia, the Middle East, and Africa[65](index=65&type=chunk) [Semiconductor Sector](index=28&type=section&id=(6)Semiconductor%20Sector) Semiconductors are a strategic emerging sector for the company, focusing on developing die bonding (including eutectic bonding) and AOI inspection equipment that meets advanced packaging process requirements, with a focus on advanced packaging, optoelectronics, and AI computing power; fully automatic high-precision eutectic bonding machines have achieved mass sales and overseas exports in the optical communication field, and AOI inspection machine prototypes have passed in-house testing - The semiconductor sector is a strategically emerging segment for the company, with increased R&D investment focused on developing die bonding (including eutectic bonding) and AOI inspection equipment that meets advanced packaging process requirements[66](index=66&type=chunk) - Key focus areas include advanced packaging, optoelectronics, and AI computing power[66](index=66&type=chunk) - Fully automatic high-precision eutectic bonding machines have achieved mass sales in the optical communication field and are exported overseas[66](index=66&type=chunk) [Instrumentation](index=30&type=section&id=(7)Instrumentation) Subsidiary Bozhon Instruments specializes in the R&D, production, and sales of transmission electron microscope products, achieving independent control over core technologies like ultra-high stability high-voltage power supplies and thermal field emission electron guns; during the reporting period, it officially launched China's first commercial 200kV thermal field emission transmission electron microscope (TEM)—BZ-F200, secured small-batch orders, and is actively expanding domestic and international markets - The company's instrumentation business is undertaken by its subsidiary Bozhon Instruments, focusing on the R&D, production, and sales of transmission electron microscope products[69](index=69&type=chunk) - It has achieved independent control over core technologies and key components such as ultra-high stability high-voltage power supplies and thermal field emission electron guns[69](index=69&type=chunk) - During the reporting period, China's first commercial **200kV** thermal field emission transmission electron microscope (TEM)—BZ-F200—was officially launched and received small-batch orders[71](index=71&type=chunk) [Discussion and Analysis of Operations](index=31&type=section&id=II.%20Discussion%20and%20Analysis%20of%20Operations) In H1 2025, the company achieved operating revenue of **RMB 1.876 billion**, up **2.34%** YoY, and net profit attributable to parent of **RMB 163 million**, up **69.69%** YoY; this was driven by consolidating consumer electronics advantages, expanding into new sectors like new energy, automotive automation, smart warehousing, semiconductors, and instrumentation, strengthening overseas market presence, enhancing operational management, implementing cost reduction and efficiency improvement, promoting standardization, and talent development, leading to business growth and significantly improved profitability 2025 H1 Operating Performance | Indicator | Amount (RMB 10,000) | YoY Change (%) | | :--- | :--- | :--- | | Operating Revenue | 187,649.75 | 2.34 | | Net Profit Attributable to Shareholders of Listed Company | 16,261.71 | 69.69 | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-Recurring Gains/Losses) | 7,651.47 | 1.52 | - The company continuously consolidates its advantages in the consumer electronics sector, deeply engaging with major clients, and actively developing new areas such as automotive automation, new energy (battery swap stations and lithium battery standard machines), smart warehousing logistics, semiconductors, and instrumentation[72](index=72&type=chunk) - The company's product categories are continuously expanding, business scale has grown, and profitability has significantly improved, fully leveraging its advantages as a technology platform enterprise[72](index=72&type=chunk) [Based on Core Underlying Automation Software and Hardware Technologies, Expanding into New Fields, Products, and Markets](index=31&type=section&id=(I)Based%20on%20Core%20Underlying%20Automation%20Software%20and%20Hardware%20Technologies%2C%20Expanding%20into%20New%20Fields%2C%20Products%20and%20Markets) The company employs a "horizontal expansion, vertical extension" strategy in consumer electronics, covering a full range of terminal products and industry chain segments, focusing on flexible modular production lines and MR equipment, while actively developing new clients like vivo, Samsung, and OPPO, and new businesses such as electronic atomization and wearable medical devices; new energy business focuses on core products and clients, with a significant increase in lithium equipment shipments and rapid growth in smart charging/swapping station orders; semiconductor business revenue grew by **314.40%** YoY, with a focus on strengthening R&D for eutectic bonding and die bonding core technologies and actively expanding overseas markets Revenue Share by Business Segment (H1 2025) | Business Segment | Operating Revenue (RMB 10,000) | Share of Total Operating Revenue (%) | | :--- | :--- | :--- | | 3C Business (Consumer Electronics) | 117,758.64 | 62.75 | | New Energy Business | 56,957.97 | 30.35 | | Semiconductor Business | 3,583.84 | 1.91 | - The consumer electronics business has initially established a standardized module selection platform, introduced AI interference inspection and software program virtual simulation, and AI automatic drawing is also under verification[74](index=74&type=chunk) - New energy vehicle production and sales increased by **41.4%** and **40.3%** respectively, with a penetration rate of **44.3%**; the company continuously tracks mainstream process changes, focusing on core products and core customers[80](index=80&type=chunk) - Smart charging and swapping station orders grew rapidly, with over **500** orders received and over **300** stations delivered[85](index=85&type=chunk) - Semiconductor business achieved operating revenue of **RMB 35.8384 million**, a **314.40%** year-on-year increase, with a focus on strengthening R&D for core technologies in eutectic bonding and die bonding machines[91](index=91&type=chunk) [Developing Overseas Customers and Strengthening Overseas Market Presence](index=37&type=section&id=(II)Developing%20Overseas%20Customers%20and%20Strengthening%20Overseas%20Market%20Presence) The company since 2016 has expanded into overseas markets through its Singapore subsidiary and established subsidiaries in Vietnam and other regions, following major 3C clients; new energy business has made breakthroughs in European, Southeast Asian, and American markets, with leading lithium battery companies' overseas production plans driving the export of the company's lithium battery special equipment; semiconductor and instrumentation businesses are also actively exploring overseas markets - The company established its Singapore subsidiary as early as 2016, providing a strong investment platform for future expansion into Southeast Asian and international markets[93](index=93&type=chunk) - The new energy business has achieved continuous breakthroughs overseas, establishing a professional international marketing team covering multiple industries such as batteries, automotive, battery swap stations, and smart home appliances[93](index=93&type=chunk) - In the field of lithium battery special equipment, the company has established a presence in markets such as Europe, Southeast Asia, and the Americas; for module PACK lines, it has secured multiple major client base projects abroad (e.g., Indonesia, Hungary)[93](index=93&type=chunk) [Vigorously Grasping Operational Management, Implementing Cost Reduction and Efficiency Improvement](index=37&type=section&id=(III)Vigorously%20Grasping%20Operational%20Management%2C%20Implementing%20Cost%20Reduction%20and%20Efficiency%20Improvement) The company continuously improves its operational management system through lean operating system process enhancements, reducing costs across design, production, procurement, sales, warehousing logistics, finance, and human resources, promoting refined management; during the reporting period, lean design optimized structures and improved human efficiency, significantly reducing material, machining, and assembly/debugging costs, while enhancing per capita productivity - The company continuously promotes the construction of its operational management system and optimizes its operational management processes, using lean operating system process improvement as a key vehicle[94](index=94&type=chunk) - It deeply carries out management improvement work to reduce costs, enhance efficiency, and tap into internal operational potential, reducing costs across multiple dimensions including design, production, procurement, sales, warehousing logistics, finance, and human resources[94](index=94&type=chunk) - Through lean design, structural optimization of specialized equipment significantly reduced material, machining, and assembly/debugging costs; organizational adjustments and process optimization improved human efficiency[94](index=94&type=chunk)[95](index=95&type=chunk) [Standardization](index=38&type=section&id=(IV)Standardization) The company actively promotes a strategic transformation towards standardized products, comprehensively reviewing R&D systems, product design, procurement, production, and delivery management, forming multiple modular and standardized process design and management systems, significantly enhancing operational management efficiency - The company actively promotes a strategic transformation towards standardized products, conducting a comprehensive review of its R&D system, product design, procurement management, production management, and delivery management[96](index=96&type=chunk) - It has formed multiple modular and standardized process design and management systems, significantly enhancing the company's operational management efficiency[96](index=96&type=chunk) - In product design, a standardized software platform has been fully introduced; procurement management has established comprehensive systems; production management has developed standard operating instructions; and delivery management has refined operational processes[96](index=96&type=chunk) [Emphasizing Talent Acquisition, Development, and Incentives to Support Business Expansion](index=38&type=section&id=(V)Emphasizing%20Talent%20Acquisition%2C%20Development%2C%20and%20Incentives%20to%20Support%20Business%20Expansion) The company attracts production, R&D, and marketing talent through university-enterprise cooperation, internal referrals, and online recruitment, while piloting HRBP and Finance BP roles; employee professional capabilities are enhanced through "newcomer training" and daily training, with Bozhon University outlining key position courses; the company actively implements the concept of salary securitization, gradually establishing effective long-term incentive measures - The company through university-enterprise cooperation, internal referrals, and online recruitment, has attracted a large number of outstanding talents in production, R&D, and marketing[97](index=97&type=chunk) - It has fully piloted HRBP and Finance BP roles to provide professional support to various business departments and improve management efficiency[97](index=97&type=chunk) - Bozhon University has outlined essential courses for key positions such as engineers, project managers, and sales managers, and actively implements the concept of salary securitization, gradually establishing effective long-term incentive measures[97](index=97&type=chunk) [Analysis of Core Competitiveness During the Reporting Period](index=39&type=section&id=III.%20Analysis%20of%20Core%20Competitiveness%20During%20the%20Reporting%20Period) The company's core competitiveness lies in its strong technological R&D advantages, including sustained high investment, abundant technical achievements, a robust R&D team, and comprehensive solution capabilities, further integrating AI technology; additionally, with over two decades of development, the company has built a strong brand and customer base, established efficient service and delivery systems, and implemented a stringent quality control system - The company is a technology-driven enterprise focused on independent R&D, with deep expertise in underlying industrial automation technologies, forming core technology modules such as machine vision systems, high-precision airtightness detection systems, and high-precision module assembly systems[99](index=99&type=chunk) - The company has received honors such as National Certified Enterprise Technology Center, National Industrial Design Center, and National Manufacturing Single Champion Product (3C electronic product complete machine assembly production equipment)[100](index=100&type=chunk) - The company has established stable strategic cooperative relationships with several globally renowned manufacturers of consumer electronics, new energy, and automotive electronics products, building a strong reputation and brand image in the industry[102](index=102&type=chunk) [Core Competitiveness Analysis](index=39&type=section&id=(I)Core%20Competitiveness%20Analysis) The company's core competitiveness is primarily in four areas: technology R&D, brand and customer relations, service and delivery, and quality control; it maintains high R&D investment, boasts abundant technical achievements and a strong R&D team, offers comprehensive solutions, and deepens AI technology integration; long-term partnerships with globally renowned clients, efficient customized services, and strict adherence to ISO9001-2015 standards ensure product quality - The company's R&D investment amounted to **RMB 235.5891 million**, accounting for **12.55%** of operating revenue, with **107** patent applications and **112** patents granted[100](index=100&type=chunk) - As of the first half of 2025, the company's total technical and R&D personnel reached **1,583** individuals, representing **25.27%** of the total workforce[100](index=100&type=chunk) - AI technology has achieved multi-scenario, deep-level application in the company's four core business areas: R&D design, supply chain management, manufacturing, and general office operations[102](index=102&type=chunk) [Core Technologies and R&D Progress](index=41&type=section&id=(III)Core%20Technologies%20and%20R%26D%20Progress) The company has strong expertise in underlying industrial automation technologies, excelling in high-precision placement, eutectic bonding, precision mechanical design, machine vision, core algorithms, and testing technologies; during the reporting period, R&D investment reached **RMB 236 million**, with **107** patent applications and **112** patents granted; ongoing projects span consumer electronics, lithium batteries, battery swap stations, and semiconductors, with a total investment exceeding **RMB 1 billion** - The company has extensive experience in underlying industrial automation technologies, forming a core technology system with advantages in high-precision placement, high-precision eutectic bonding, precision mechanical design, precision motion control, machine vision, core algorithms, and testing technologies[105](index=105&type=chunk) - During the reporting period, the company's R&D investment was **RMB 235.5891 million**, with R&D investment accounting for **12.55%** of operating revenue[112](index=112&type=chunk) - During the reporting period, the company applied for a total of **107** patents, including **37** invention patents; it obtained a total of **112** patents, including **19** invention patents[111](index=111&type=chunk) R&D Personnel Information (H1 2025) | Indicator | Quantity/Amount | | :--- | :--- | | Number of R&D personnel (persons) | 1,583 | | Proportion of R&D personnel to total company headcount (%) | 25.27 | | Total R&D personnel compensation (RMB 10,000) | 17,026.25 | | Average R&D personnel compensation (RMB 10,000) | 10.76 | | Doctoral candidates (persons) | 3 | | Master's candidates (persons) | 87 | | Bachelor's degree holders (persons) | 1,055 | | Junior college and below (persons) | 438 | [Risk Factors](index=54&type=section&id=IV.%20Risk%20Factors) The company faces multiple risks, including reliance on the Apple supply chain and consumer electronics industry, insufficient market expansion, underperforming fundraising projects, gross margin fluctuations, impairment of accounts receivable and inventory, liquidity, and exchange rate fluctuations, as well as technology R&D and iteration risks, and risks from macroeconomic changes and escalating international trade frictions - The company has a high proportion of sales revenue from the Apple supply chain, posing a risk of dependence on the Apple supply chain, including reliance on a major source of income and technology iteration risks[124](index=124&type=chunk)[125](index=125&type=chunk)[126](index=126&type=chunk) - The company's sales revenue from products applied in the consumer electronics industry is relatively high, indicating a risk of concentrated downstream application industries[127](index=127&type=chunk) - The progress of fundraising projects is below expectations, with the new energy industry automation equipment expansion project, consumer electronics industry automation equipment upgrade project, and new R&D center project all experiencing delays compared to plan[129](index=129&type=chunk) - The company faces financial risks such as gross margin fluctuations, unrecoverable accounts receivable, inventory impairment, liquidity, and exchange rate fluctuations[130](index=130&type=chunk)[131](index=131&type=chunk)[132](index=132&type=chunk)[133](index=133&type=chunk)[134](index=134&type=chunk)[135](index=135&type=chunk) - The company faces technology R&D and iteration risks, including high design and R&D costs, difficulty in technological breakthroughs, and the possibility of competitors developing technologies or products significantly superior to existing equipment[136](index=136&type=chunk)[137](index=137&type=chunk)[138](index=138&type=chunk) - Changes in the macroeconomic environment and escalating international trade frictions may adversely affect the company's operating performance[139](index=139&type=chunk)[140](index=140&type=chunk) [Key Operating Performance During the Reporting Period](index=57&type=section&id=V.%20Key%20Operating%20Performance%20During%20the%20Reporting%20Period) During the reporting period, the company's operating revenue was **RMB 1.876 billion**, up **2.34%** YoY, and net profit attributable to parent was **RMB 163 million**, up **69.69%** YoY, primarily due to deepened cooperation with high-quality clients in new energy and 3C sectors; financial statement analysis shows significant growth in inventory, contract liabilities, long-term equity investments, short-term and long-term borrowings; overseas assets accounted for **0.30%** of total assets, with major asset restrictions involving monetary funds and intangible assets; investment increased significantly this period, mainly in private equity funds; the company acquired **70%** equity in Shanghai Wodian Industrial Automation Co., Ltd. and transferred **6%** equity in Suzhou Linghou Robotics Co., Ltd. 2025 H1 Key Operating Performance | Indicator | Amount (RMB 10,000) | YoY Change (%) | | :--- | :--- | :--- | | Operating Revenue | 187,649.75 | 2.34 | | Net Profit Attributable to Shareholders of Listed Company | 16,261.71 | 69.69 | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-Recurring Gains/Losses) | 7,651.47 | 1.52 | - The growth in operating revenue is primarily attributed to the company's deepened cooperation with high-quality clients in new energy and 3C sectors, leading to a steady increase in sales scale[144](index=144&type=chunk) - Net cash flow from operating activities turned positive, mainly due to increased collection of accounts receivable[144](index=144&type=chunk) - Inventory at period-end was **RMB 4.15 billion**, an increase of **53.85%** from the end of the prior year, mainly due to increased orders and corresponding increase in stock preparation[146](index=146&type=chunk) - Contract liabilities at period-end were **RMB 773 million**, an increase of **200.05%** from the end of the prior year, mainly due to increased advance receipts for goods sold[146](index=146&type=chunk)[147](index=147&type=chunk) - Investment during the reporting period amounted to **RMB 462.7983 million**, a **19,734.22%** increase from the prior year period, primarily due to private equity fund investments[150](index=150&type=chunk) - The company acquired **70%** equity in Shanghai Wodian Industrial Automation Co., Ltd. and transferred **6%** equity in Suzhou Linghou Robotics Co., Ltd., resulting in the latter no longer being included in the scope of consolidation[154](index=154&type=chunk) [Section IV Corporate Governance, Environment, and Society](index=63&type=section&id=Section%20IV%20Corporate%20Governance%2C%20Environment%2C%20and%20Society) [Changes in Company Directors, Supervisors, Senior Management, and Core Technical Personnel](index=63&type=section&id=I.%20Changes%20in%20Company%20Directors%2C%20Supervisors%2C%20Senior%20Management%2C%20and%20Core%20Technical%20Personnel) During the reporting period, Mr. Song Huailiang resigned as a company director and deputy general manager due to personal reasons but remains employed by the company; the company's employee representative assembly elected Mr. Yu Jun as an employee representative director for the third board of directors - Mr. Song Huailiang resigned from his positions as non-independent director and deputy general manager of the company's third board of directors due to personal reasons, but he remains employed by the company after his resignation[157](index=157&type=chunk) - The company's employee representative assembly elected Mr. Yu Jun as an employee representative director for the company's third board of directors[157](index=157&type=chunk) [Profit Distribution or Capital Reserve to Share Capital Conversion Plan](index=63&type=section&id=II.%20Profit%20Distribution%20or%20Capital%20Reserve%20to%20Share%20Capital%20Conversion%20Plan) The company's 2025 semi-annual profit distribution plan proposes a cash dividend of **RMB 0.93** (tax inclusive) per 10 shares to all shareholders, totaling **RMB 41,267,190.20** (tax inclusive), with no bonus shares or capital reserve to share capital conversion 2025 Semi-Annual Profit Distribution Plan | Indicator | Amount/Description | | :--- | :--- | | Whether to distribute or convert | No | | Number of bonus shares per 10 shares (shares) | 0 | | Dividend per 10 shares (RMB) (tax inclusive) | 0.93 | | Number of shares converted from capital reserve per 10 shares (shares) | 0 | - It is proposed to distribute a cash dividend of **RMB 0.93** (tax inclusive) per 10 shares to all shareholders, based on the total share capital on the equity distribution record date[157](index=157&type=chunk) - Based on the company's total share capital of **446,647,765** shares as of June 30, 2025, and deducting **2,914,537** shares in the repurchase account, the total proposed cash dividend is **RMB 41,267,190.20** (tax inclusive)[157](index=157&type=chunk) [Status and Impact of Company Equity Incentive Plans, Employee Stock Ownership Plans, or Other Employee Incentive Measures](index=63&type=section&id=III.%20Status%20and%20Impact%20of%20Company%20Equity%20Incentive%20Plans%2C%20Employee%20Stock%20Ownership%20Plans%2C%20or%20Other%20Employee%20Incentive%20Measures) In July 2025, the company cancelled **107,530** restricted shares from its 2024 Restricted Stock Incentive Plan and approved the resolution for the achievement of vesting conditions for the first vesting period of the initial grant under the 2024 Restricted Stock Incentive Plan - On July 23, 2025, the company cancelled a portion of restricted shares from its 2024 Restricted Stock Incentive Plan, with a total of **107,530** shares cancelled[160](index=160&type=chunk) - The company reviewed and approved the "Announcement on the Achievement of Vesting Conditions for the First Vesting Period of the Initial Grant under the 2024 Restricted Stock Incentive Plan"[160](index=160&type=chunk) [Section V Significant Matters](index=65&type=section&id=Section%20V%20Significant%20Matters) [Fulfillment of Commitments](index=65&type=section&id=I.%20Fulfillment%20of%20Commitments) During the reporting period, the company's actual controllers, shareholders, directors, supervisors, senior management, and core technical personnel strictly fulfilled all commitments, including avoiding horizontal competition, share lock-ups, holding and reduction intentions, repurchase of fraudulently issued shares, truthfulness of the prospectus, and restrictive measures for non-fulfillment; equity incentive recipients also committed to share lock-ups and truthful information disclosure - The company's actual controllers, shareholders holding **5%** or more of shares, directors, supervisors, and senior management have all committed to avoiding horizontal competition[165](index=165&type=chunk) - The company's actual controllers, Lü Shaolin and Cheng Caixia, committed not to transfer or entrust others to manage their directly or indirectly held company shares within **36 months** from the listing date[167](index=167&type=chunk) - The company, controlling shareholders, actual controllers, directors, supervisors, and senior management all committed that the prospectus contains no false records, misleading statements, or major omissions[182](index=182&type=chunk)[185](index=185&type=chunk)[187](index=187&type=chunk) - Equity incentive recipients committed not to reduce their holdings of company shares obtained through this incentive plan within **three years** from the exercise date[164](index=164&type=chunk) [Significant Related Party Transactions](index=73&type=section&id=X.%20Significant%20Related%20Party%20Transactions) During the reporting period, the company engaged in ordinary course of business transactions with related parties, including sales and purchases of goods and property leases, as well as an asset acquisition related party transaction; ordinary related party transactions included selling goods to Henan Zhongchi Fulian Precision Industry Technology Co., Ltd. and Suzhou Linghou Robotics Co., Ltd., and purchasing goods from Suzhou Linghou Robotics Co., Ltd. and Shanghai Yuze Electromechanical Equipment Co., Ltd.; the company also acquired **30%** equity in Shanghai Pingbokai New Materials Co., Ltd. from Jiangsu Bozhon Intelligent Technology Group Co., Ltd. using its own funds Execution of Ordinary Related Party Transactions (H1 2025) | Related Party Transaction Category | Related Party | 2025 Estimated Amount (RMB 10,000) | Cumulative Transaction Amount in Reporting Period (RMB 10,000) | | :--- | :--- | :--- | :--- | | Purchase of goods from related parties | Shenzhen Shangshui Intelligent Co., Ltd. | 3,000.00 | 0.00 | | Sale of products/goods to related parties | Henan Zhongchi Fulian Precision Industry Technology Co., Ltd. | 2,000.00 | 1,030.72 | | Purchase of goods from related parties | Henan Zhongchi Fulian Precision Industry Technology Co., Ltd. | 2,000.00 | 273.86 | | Sale of products/goods to related parties | Suzhou Linghou Robotics Co., Ltd. | 300.00 | 261.08 | | Purchase of goods from related parties | Suzhou Linghou Robotics Co., Ltd. | 14,100.00 | 4,231.12 | | Provision of property leasing services to related parties | Jiangsu Bozhon Intelligent Technology Group Co., Ltd. | 0.55 | 0.28 | | **Subtotal** | - | **24,360.51** | **6,644.05** | - The company acquired **30%** equity in Shanghai Pingbokai New Materials Co., Ltd. from Jiangsu Bozhon Intelligent Technology Group Co., Ltd. using its own funds, with a transaction price of **RMB 6 million**[205](index=205&type=chunk) [Explanation of Progress in Use of Raised Funds](index=76&type=section&id=XII.%20Explanation%20of%20Progress%20in%20Use%20of%20Raised%20Funds) As of the end of the reporting period, the company's total cumulative investment of raised funds was **RMB 433.9339 million**, with an investment progress of **44.15%**; projects for new energy industry automation equipment expansion, consumer electronics industry automation equipment upgrades, and a new R&D center were delayed due to market changes, strategic adjustments, and postponed product launches by downstream clients; the company used **RMB 300 million** of idle raised funds to temporarily supplement working capital and managed other idle funds for cash Overall Use of Raised Funds (As of End of Reporting Period) | Indicator | Amount (RMB 10,000) | | :--- | :--- | | Total Raised Funds | 99,999.99 | | Net Raised Funds | 98,294.91 | | Total Investment Pledged in Prospectus | 98,294.91 | | Total Cumulative Raised Funds Invested as of End of Reporting Period | 43,393.39 | | Cumulative Raised Funds Investment Progress as of End of Reporting Period (%) | 44.15 | | Amount Invested This Year | 366.44 | | Proportion of Amount Invested This Year (%) | 0.37 | - The progress of the new energy industry automation equipment expansion project, consumer electronics industry automation equipment upgrade project, and new R&D center project has been delayed compared to plan, mainly due to changes in market environment, adjustments in the company's strategic planning, and postponed product launches by downstream clients[211](index=211&type=chunk) - The company plans to use idle raised funds not exceeding **RMB 300 million** to temporarily supplement working capital, with a usage period not exceeding **12 months**[213](index=213&type=chunk) - The company uses temporarily idle raised funds not exceeding **RMB 350 million** for cash management, investing in highly secure, liquid, and principal-guaranteed investment products[216](index=216&type=chunk) [Section VI Share Changes and Shareholder Information](index=80&type=section&id=Section%20VI%20Share%20Changes%20and%20Shareholder%20Information) [Changes in Share Capital](index=80&type=section&id=I.%20Changes%20in%20Share%20Capital) During the reporting period, there were no changes in the company's total ordinary shares or share capital structure - During the reporting period, there were no changes in the company's total ordinary shares or share capital structure[219](index=219&type=chunk) [Shareholder Information](index=80&type=section&id=II.%20Shareholder%20Information) As of the end of the reporting period, the company had **11,028** ordinary shareholders; among the top ten shareholders, Jiangsu Bozhon Intelligent Technology Group Co., Ltd. held **29.03%** and Suzhou Zhong'er Equity Investment Partnership (Limited Partnership) held **27.13%**; Bozhon Group and its concerted parties collectively held company shares - As of the end of the reporting period, the total number of ordinary shareholders was **11,028**[220](index=220&type=chunk) Top Ten Shareholders' Holdings (As of End of Reporting Period) | Shareholder Name | Shares Held at Period-End | Proportion (%) | Shareholder Nature | | :--- | :--- | :--- | :--- | | Jiangsu Bozhon Intelligent Technology Group Co., Ltd. | 129,672,000 | 29.03 | Domestic Non-State-Owned Legal Person | | Suzhou Zhong'er Equity Investment Partnership (Limited Partnership) | 121,186,468 | 27.13 | Domestic Non-State-Owned Legal Person | | Tianjin Xinke Hongchuang Equity Investment Partnership (Limited Partnership) | 24,235,107 | 5.43 | Domestic Non-State-Owned Legal Person | | Suzhou Zhongyi Investment Management Partnership (Limited Partnership) | 10,800,000 | 2.42 | Domestic Non-State-Owned Legal Person | | Suzhou Zhongshi Investment Partnership (Limited Partnership) | 10,800,000 | 2.42 | Domestic Non-State-Owned Legal Person | - Bozhon Group, Suzhou Zhongyi, Suzhou Zhong'er, Suzhou Zhongliu, Suzhou Zhizhiqi, Suzhou Zhizhiba, and Suzhou Zhongshi are concerted parties[223](index=223&type=chunk) [Information on Directors, Supervisors, Senior Management, and Core Technical Personnel](index=82&type=section&id=III.%20Information%20on%20Directors%2C%20Supervisors%2C%20Senior%20Management%2C%20and%20Core%20Technical%20Personnel) During the reporting period, some directors, deputy general managers, and core technical personnel reduced their company shareholdings in the secondary market due to personal funding needs Changes in Shareholdings of Directors, Supervisors, Senior Management, and Core Technical Personnel | Name | Position | Shares Held at Beginning of Period | Shares Held at End of Period | Change in Shares During Reporting Period | Reason for Change | | :--- | :--- | :--- | :--- | :--- | :--- | | Jiang Jian | Director, Deputy General Manager | 89,775 | 67,332 | -22,443 | Secondary market reduction due to personal funding needs | | Song Huailiang | Director, Deputy General Manager | 131,000 | 98,250 | -32,750 | Secondary market reduction due to personal funding needs | | Zhi Chuanming | Core Technical Personnel | 5,834 | 0 | -5,834 | Secondary market reduction due to personal funding needs | | Zhu Xiaofeng | Core Technical Personnel | 6,960 | 0 | -6,960 | Secondary market reduction due to personal funding needs | [Section VIII Financial Report](index=84&type=section&id=Section%20VIII%20Financial%20Report) [Financial Statements](index=84&type=section&id=II.%20Financial%20Statements) This section presents the company's consolidated and parent company balance sheets, income statements, cash flow statements, and statements of changes in owners' equity for the first half of 2025, comprehensively reflecting the company's financial position, operating results, and cash flow - The consolidated balance sheet shows that as of June 30, 2025, the company's total assets were **RMB 10,840,987,923.47**, and net assets attributable to shareholders of the listed company were **RMB 4,560,731,519.05**[232](index=232&type=chunk) - The consolidated income statement shows that for January-June 2025, total operating revenue was **RMB 1,876,497,488.45**, and net profit attributable to parent company shareholders was **RMB 162,617,134.42**[237](index=237&type=chunk)[238](index=238&type=chunk) - The consolidated cash flow statement shows that for January-June 2025, net cash flow from operating activities was **RMB 298,315,429.41**[243](index=243&type=chunk) [Company Basic Information](index=101&type=section&id=III.%20Company%20Basic%20Information) Bozhon Precision Industry Technology Co., Ltd. was established in September 2017 and listed in May 2021, primarily engaged in industrial digitalization, intelligent workshop integrated equipment, production lines, stereo warehouses, and software; its actual controllers are Mr. Lü Shaolin and Ms. Cheng Caixia; these financial statements were approved for issuance on August 26, 2025 - Bozhon Precision Industry was established as a joint-stock company in September 2017 with the approval of the Suzhou Administrative Approval Bureau and listed on the Shanghai Stock Exchange in May 2021[254](index=254&type=chunk) - The company's main business activities include industrial digitalization, intelligent workshop integrated equipment, production lines, stereo warehouses and software, industrial automation integrated equipment, fixtures, and new energy charging and discharging equipment[255](index=255&type=chunk) - The actual controllers of the company are Mr. Lü Shaolin and Ms. Cheng Caixia[255](index=255&type=chunk) [Notes to Consolidated Financial Statement Items](index=127&type=section&id=VII.%20Notes%20to%20Consolidated%20Financial%20Statement%20Items) This section details each item in the consolidated financial statements, including monetary funds, financial assets held for trading, notes receivable, accounts receivable, inventory, contract assets, long-term equity investments, fixed assets, intangible assets, goodwill, short-term borrowings, notes payable, accounts payable, contract liabilities, employee compensation payable, taxes payable, other payables, long-term borrowings, lease liabilities, provisions, deferred income, share capital, capital reserves, treasury stock, other comprehensive income, retained earnings, operating revenue and costs, taxes and surcharges, selling expenses, administrative expenses, R&D expenses, financial expenses, other income, investment income, credit impairment losses, asset impairment losses, non-operating income and expenses, income tax expenses, cash flow statement items, and notes to owners' equity changes - Monetary funds at period-end totaled **RMB 1,149,474,911.73**, of which **RMB 272,847,590.56** were funds held overseas[345](index=345&type=chunk) - Accounts receivable at period-end amounted to **RMB 2,759,595,325.19**, with an allowance for doubtful accounts of **RMB 211,440,741.03**[356](index=356&type=chunk) - Inventory at period-end had a book value of **RMB 4,150,034,833.17**, with inventory depreciation reserves and contract performance cost impairment provisions totaling **RMB 148,069,303.53**[395](index=395&type=chunk) - Goodwill had an original book value of **RMB 284,494,352.10**, primarily arising from the acquisition of **70%** equity in Shanghai Wodian Industrial Automation Co., Ltd.[423](index=423&type=chunk) - Operating revenue was **RMB 1,876,497,488.45**, and operating cost was **RMB 1,263,987,739.46**[474](index=474&type=chunk) - Investment income was **RMB 73,598,701.64**, mainly including investment income from long-term equity investments accounted for using the equity method and investment income from the disposal of long-term equity investments[483](index=483&type=chunk) [R&D Expenses](index=176&type=section&id=VIII.%20R%26D%20Expenses) During the reporting period, the company's total R&D expenditure was **RMB 235,589,119.06**, all of which was expensed; key components included employee compensation, direct input, travel expenses, and lease expenses R&D Expenses by Nature of Expense | Item | Amount Incurred This Period (RMB) | | :--- | :--- | | Employee Compensation | 170,262,502.64 | | Depreciation and Amortization | 3,801,191.05 | | Direct Input | 24,036,170.12 | | Lease Expenses | 6,136,151.84 | | Equity Incentive Expenses | 3,116,058.89 | | Travel Expenses | 14,334,166.84 | | Other Expenses | 13,902,877.68 | | **Total** | **235,589,119.06** | | Of which: Expensed R&D Expenditure | 235,589,119.06 | [Changes in Consolidation Scope](index=177&type=section&id=IX.%20Changes%20in%20Consolidation%20Scope) During the reporting period, the company added BOZHON PRECISION INDUSTRY (VIETNAM) COMPANY LIMITED and Shanghai Wodian Industrial Automation Co., Ltd. through business combinations not under common control, with the acquisition of **70%** equity in Shanghai Wodian resulting in **RMB 284 million** in goodwill; concurrently, the company disposed of **99%** equity in Suzhou Lingying Equity Investment Partnership (Limited Partnership) and **6%** equity in Suzhou Linghou Robotics Co., Ltd., losing control over the latter - Business combination transactions not under common control occurring in this period include the acquisition of BOZHON PRECISION INDUSTRY (VIETNAM) COMPANY LIMITED and Shanghai Wodian Industrial Automation Co., Ltd.[507](index=507&type=chunk) - The company's merger cost for purchasing **70%** equity in Shanghai Wodian Industrial Automation Co., Ltd. was **RMB 420 million**, resulting in goodwill of **RMB 284,494,352.10**[511](index=511&type=chunk) - The company disposed of **99%** equity in Suzhou Lingying Equity Investment Partnership (Limited Partnership) and **6%** equity in Suzhou Linghou Robotics Co., Ltd., losing control over Suzhou Linghou Robotics Co., Ltd.[517](index=517&type=chunk) [Interests in Other Entities](index=182&type=section&id=X.%20Interests%20in%20Other%20Entities) This section lists the company's interests in subsidiaries, including several wholly-owned or controlled subsidiaries, covering equipment, robotics, software, instrumentation, and industrial investment businesses; Suzhou Bozhon Intelligent Robotics Co., Ltd. is a controlled subsidiary with a **51%** equity stake - The company owns multiple wholly-owned subsidiaries, such as Suzhou Zhongchi Automation Technology Co., Ltd., Shenzhen Bozhon Laser Technology Co., Ltd., and Suzhou Qiaoyue Software Co., Ltd.[520](index=520&type=chunk) - Suzhou Bozhon Intelligent Robotics Co., Ltd. is a controlled subsidiary with a **51%** equity stake[520](index=520&type=chunk) - The business nature of subsidiaries covers equipment business, robotics business, software business, instrumentation business, and industrial investment, among others[520](index=520&type=chunk) [Government Grants](index=184&type=section&id=XI.%20Government%20Grants) During the reporting period, the company recognized total government grants of **RMB 35,895,343.68** in current profit or loss, with **RMB 1,048,229.86** related to assets and **RMB 34,847,113.82** related to income Government Grants Recognized in Current Profit or Loss | Type | Amount Incurred This Period (RMB) | Amount Incurred Prior Period (RMB) | | :--- | :--- | :--- | | Asset-related | 1,048,229.86 | 175,000.00 | | Income-related | 34,847,113.82 | 27,031,155.04 | | **Total** | **35,895,343.68** | **27,206,155.04** | - The ending balance of asset-related government grants in deferred income was **RMB 13,001,548.32**[523](index=523&type=chunk) [Risks Related to Financial Instruments](index=185&type=section&id=XII.%20Risks%20Related%20to%20Financial%20Instruments) The company faces credit, liquidity, and market risks (including interest rate and exchange rate risks), managed through customer credit assessment, accounts receivable aging monitoring, rolling cash flow forecasts, and matching foreign currency receipts/payments; a **5%** change in RMB exchange rates against foreign currencies has a minor impact on net profit - The company primarily faces customer credit risk arising from credit sales, through assessing new customer credit, setting credit limits, quarterly monitoring of credit ratings, and monthly review of accounts receivable aging[526](index=526&type=chunk) - Liquidity risk is centrally controlled by the finance department, ensuring sufficient funds through monitoring cash balances, readily marketable securities, and rolling forecasts of cash flows for the next **12 months**[528](index=528&type=chunk) - Market risks include interest rate risk (primarily from bank long-term borrowings) and exchange rate risk (primarily from financial assets and liabilities denominated in USD)[528](index=528&type=chunk)[529](index=529&type=chunk) - Assuming all other variables remain constant, if the RMB appreciates or depreciates by **5%** against foreign currencies, the impact on the company's net profit is minor[529](index=529&type=chunk) [Disclosure of Fair Value](index=187&type=section&id=XIII.%20Disclosure%20of%20Fair%20Value) As of the end of the reporting period, the company's total assets continuously measured at fair value amounted to **RMB 38,222,725.57**, primarily other equity instrument investments, using Level 3 fair value measurement Fair Value of Assets and Liabilities Measured at Fair Value at Period-End | Item | Fair Value at Period-End (RMB) | Level 3 Fair Value Measurement (RMB) | | :--- | :--- | :--- | | Other Equity Instrument Investments | 38,222,725.57 | 38,222,725.57 | | **Total Assets Continuously Measured at Fair Value** | **38,222,725.57** | **38,222,725.57** | [Related Parties and Related Party Transactions](index=189&type=section&id=XIV.%20Related%20Parties%20and%20Related%20Party%20Transactions) The company's parent company is Jiangsu Bozhon Intelligent Technology Group Co., Ltd., with Mr. Lü Shaolin and Ms. Cheng Caixia as ultimate controlling parties; related parties include several investment partnerships and associate companies under the same control, as well as companies where the company's actual controllers serve as directors; during the reporting period, the company engaged in ordinary related party transactions such as sales and purchases of goods, provision of services, and property leases, as well as key management personnel compensation - The ultimate controlling parties of the company are Mr. Lü Shaolin and Ms. Cheng Caixia[536](index=536&type=chunk) - The parent company, Jiangsu Bozhon Intelligent Technology Group Co., Ltd., holds a **29.03%** equity stake in the company[536](index=536&type=chunk) - Other related parties include investment partnerships under the same control, such as Suzhou Zhongyi and Suzhou Zhong'er, as well as associate companies like Shanghai Yuze and Nordkai[537](index=537&type=chunk)[538](index=538&type=chunk) - During the reporting period, the company sold goods worth **RMB 10,307,212.07** to Henan Zhongchi Fulian Precision Industry Technology Co., Ltd. and purchased goods worth **RMB 42,311,206.33** from Suzhou Linghou Robotics Co., Ltd.[539](index=539&type=chunk) - Key management personnel compensation incurred this period amounted to **RMB 7.0986 million**[542](index=542&type=chunk) [Share-based Payment](index=193&type=section&id=XV.%20Share-based%20Payment) During the reporting period, **455,960** shares from the company's 2022 equity incentive plan, valued at **RMB 4,404,573.60

博众精工科技股份有限公司 关于 2025 年度"提质增效重回报"行动方案半年度 评估报告 根据国务院《关于加强监管防范风险推动资本市场高质量发展的若干意见》、中国 证监会《上市公司监管指引第 10 号--市值管理》等文件精神，以及上海证券交易所《关 于开展沪市公司"提质增效重回报"专项行动的倡议》要求，公司于 2025 年年初制定了 《2025 年度"提质增效重回报"行动方案》（以下简称"行动方案"）。现将 2025 年上半 年行动方案执行情况报告如下： 一、聚焦主业经营，持续提升发展质效 公司始终聚焦主业经营，依托行业领先的研发实力、可靠的产品质量、敏捷的交付 能力与优质的客户服务，持续巩固在消费电子领域的核心优势，并通过柔性自动化产线 的持续交付，深化与战略大客户的合作关系。与此同时，公司积极把握产业机遇，战略 性拓展新能源电池、汽车自动化、智能充换电站、半导体等高成长性领域，推动产品矩 阵的多元化和业务规模的持续扩大。 2025 年上半年，公司实现营业收入 18.76 亿元，同比增长 2.34%；实现归属于上市 公司股东的净利润 1.63 亿元，同比大幅增长 69.69%，整体经营质量得到持续提升。 在 ...

证券代码：688097 证券简称：博众精工 公告编号：2025-043 博众精工科技股份有限公司 2025 年半年度募集资金存放与实际使用情况的专项报告 单位：人民币元 | 序号 | | 项目 | | | | | 金额 | | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | | 2022 | 年 11 | 月 | 23 | 日实际到账的募集资金 | 985,999,990.14 | | 2 | | | | | | 减：支付的发行有关的直接相关费用 | 1,226,415.10 | | 3 | | | | | | 减：以自筹资金预先投入募集资金投资项目置换金额 | 0 | | 4 | | | | | | 减：募集资金专户支付募投项目投资金额 | 433,933,850.79 | | 5 | | | | | | 减：暂时闲置资金购买结构性存款等银行理财产品 | 230,000,000.00 | | 6 | | | | 减：临时补充流动资金 | | | 300,000,000.00 | | 7 | | | | | | 加：募集资金专户利息收入扣除手续费净额 ...

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： 公司已于 2025 年 8 月 27 日披露公司《2025 年半年度报告》，为便于广大投 资者更全面深入地了解公司 2025 年半年度经营成果、财务状况，公司计划于 2025 年 9 月 5 日下午 15:00-16:00 举行 2025 年半年度业绩说明会，就投资者关心的问题进行 交流。 证券代码：688097 证券简称：博众精工 公告编号：2025-044 博众精工科技股份有限公司 关于召开 2025 年半年度业绩说明会的公告 一、说明会类型 独立董事：秦非女士 （如有特殊情况，参会人员可能进行调整） 四、投资者参加方式 投资者可在 2025 年 9 月 5 日（星期五）下午 15:00-16:00，通过互联网登陆上海 证券报·中国证券网路演中心：https://roadshow.cnstock.com/在线参与本次说明 会。为提升交流效率，本公司现提前向投资者征集相关问题，欢迎广大投资者于 2025 年 9 月 4 日（星期四）17:00 前将有关问题通过电 ...

本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 证券代码：688097 证券简称：博众精工 公告编号：2025-045 博众精工科技股份有限公司 关于召开2025年第一次临时股东大会的通知 重要内容提示： 一、 召开会议的基本情况 （一） 股东大会类型和届次 2025年第一次临时股东大会 （二） 股东大会召集人：董事会 （三） 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 （四） 现场会议召开的日期、时间和地点 召开日期时间：2025 年 9 月 11 日 14 点 00 分 召开地点：苏州市吴江经济技术开发区湖心西路 666 号 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 9 月 11 日 至2025 年 9 月 11 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 股东大会召开日期：2025年9月11日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 东大会召开当 ...

Market Overview - The AI and robotics sectors experienced a strong rally, with the Huaxia Sci-Tech AI ETF (589010) closing up 1.20% and a 5-day increase of 6.14% [1] - Among the 30 component stocks, 28 saw gains, with Lanke Technology leading at 4.56% and Stone Technology rising 4.03% [1] - The Robotics ETF (562500) rose by 2.13%, with a significant increase in trading volume, totaling 1.695 billion yuan [1] - The latest scale of the Robotics ETF reached 17.078 billion yuan, setting a new record [1] Key Developments - The Zhiyuan Expedition A2 humanoid robot successfully completed a 24-hour live stream challenge in high temperatures, marking a global first for autonomous long-duration walking in such conditions [2] - The Shenzhou 20 crew utilized the "Wukong AI" model during a 6.5-hour extravehicular activity, enhancing operational support for astronauts [2] - The "Embodied Tiangong Ultra" robot won the championship in the 100-meter sprint at the first humanoid robot sports event, clocking in at 21.50 seconds [2] Institutional Insights - Guojin Securities anticipates a surge in applications for robots with simple movements but high flexibility in the third and fourth quarters of this year, with a gradual increase in efficiency expected through data and model optimization [3] - The logistics, apparel, and healthcare sectors are seeing increased participation from application enterprises, supported by favorable policies [3] Popular ETFs - The Robotics ETF (562500) is the only fund in the market with a scale exceeding 10 billion yuan, offering the best liquidity and comprehensive coverage of the Chinese robotics industry [4] - The Huaxia Sci-Tech AI ETF (589010) is positioned as the brain of robotics, capturing the "singularity moment" in the AI industry with a 20% fluctuation range and small-cap elasticity [4]

Group 1 - The core viewpoint of the articles highlights the strong performance of the robotics sector, particularly the robot ETF (159770), which has seen significant gains and inflows in recent weeks [1][2] - As of August 14, the robot ETF (159770) has accumulated over 10% growth since July 1, with a recent trading volume exceeding 2.5 billion yuan and a turnover rate of 3.51% [1] - The robot ETF (159770) has achieved a record high in both circulation scale at 70.62 billion yuan and circulation shares at 7.232 billion, leading the Shenzhen market in these metrics [1] Group 2 - The robotics sector is expected to continue its upward trend, with market confidence increasing and projections for the index to reach new highs [2] - The technology sector, particularly artificial intelligence and robotics, is viewed as a key driver of economic growth, with expectations for humanoid robot shipments to potentially double annually in the coming years [2] - The robot ETF (159770) closely tracks the CSI Robotics Index, with major holdings including companies like Huichuan Technology and iFlytek [1]

Group 1: ETF Performance - The liquidity of the Robot ETF managed by Jiashi has a turnover rate of 4.11% with a transaction volume of 22.095 million yuan [3] - Over the past year, the Robot ETF has seen a scale increase of 508 million yuan, with leveraged funds continuing to invest [3] - As of August 14, 2025, the net value of the Robot ETF has increased by 67.03%, ranking 303 out of 2961 index equity funds, placing it in the top 10.23% [3] Group 2: Top Holdings - As of July 31, 2025, the top ten weighted stocks in the CSI Robot Index include Keda Xunfei, Huichuan Technology, Stone Technology, Dahua Technology, Zhongkong Technology, Dazhu Laser, Shuanghuan Transmission, Robot, Ecovacs, and Julun Intelligent, collectively accounting for 48.86% of the index [3] Group 3: Market Sentiment and Trends - According to CITIC Securities, the humanoid robot sector has experienced a significant recovery in sentiment due to previous corrections and positive changes in the domestic and international robot industry chain [6] - The domestic industry chain is seeing breakthroughs in orders for body manufacturers, indicating that humanoid robots are gradually entering the commercialization phase [6] - Shanghai Securities notes that the humanoid robot industry is entering a phase of diverse competition, with applications in industrial scenarios becoming a high-certainty trend [7]