Core Viewpoint - Dingyang Technology (688112.SH) reported a strong performance in the first half of 2025, with significant growth in revenue and net profit driven by continuous R&D investment and product upgrades [1] Financial Performance - The company achieved revenue of 279 million yuan, representing a year-on-year increase of 24.61% [1] - Net profit attributable to shareholders reached 76.88 million yuan, up 31.54% year-on-year [1] - The non-recurring net profit was 75.52 million yuan, reflecting a year-on-year growth of 33.80% [1] - Basic earnings per share stood at 0.48 yuan [1] Product and Market Development - The company experienced growth across all four main product categories, with both price and volume increasing [1] - High-end products, particularly high-resolution oscilloscopes and RF microwave products, saw rapid growth in the domestic market, contributing to overall revenue growth [1]

[Definitions](index=4&type=section&id=Section%20I%20Definitions) This section provides definitions for key terms used throughout the report [Company Profile and Key Financial Indicators](index=6&type=section&id=Section%20II%20Company%20Profile%20and%20Key%20Financial%20Indicators) This section presents the company's fundamental information and a summary of its key financial performance metrics [Basic Company Information](index=6&type=section&id=I.%20Basic%20Company%20Information) This chapter provides basic corporate registration information for Shenzhen Siglent Technologies Co., Ltd., including its legal representative, registered, and office addresses - The company's legal representative is Qin Ke, with its registered and office address located in Bao'an District, Shenzhen[13](index=13&type=chunk) [Key Accounting Data and Financial Indicators](index=7&type=section&id=VI.%20Key%20Accounting%20Data%20and%20Financial%20Indicators) The company achieved robust growth in operating revenue and net profit during the reporting period, driven by product upgrades and increased R&D investment Key Accounting Data for H1 2025 | Key Accounting Data | Current Period (Jan-Jun) | Prior Period | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue (yuan) | 278,819,551.45 | 223,749,809.83 | 24.61% | | Net Profit Attributable to Shareholders of the Parent Company (yuan) | 76,875,712.37 | 58,442,621.35 | 31.54% | | Net Profit Attributable to Shareholders of the Parent Company After Deducting Non-Recurring Gains and Losses (yuan) | 75,516,399.90 | 56,440,441.58 | 33.80% | | Net Cash Flow from Operating Activities (yuan) | 85,522,875.55 | 54,581,430.14 | 56.69% | Key Financial Indicators for H1 2025 | Key Financial Indicators | Current Period (Jan-Jun) | Prior Period | YoY Change (%) | | :--- | :--- | :--- | :--- | | Basic Earnings Per Share (yuan/share) | 0.48 | 0.37 | 29.73% | | Basic Earnings Per Share After Deducting Non-Recurring Gains and Losses (yuan/share) | 0.47 | 0.35 | 34.29% | | Weighted Average Return on Net Assets (%) | 4.89% | 3.67% | Increased by 1.22 percentage points | | R&D Investment as a Percentage of Operating Revenue (%) | 21.60% | 19.63% | Increased by 1.97 percentage points | - Revenue growth primarily resulted from the company's sustained high R&D investment, product iteration and upgrades, and price-volume increases across all tiers of its four main product lines, especially high-resolution oscilloscopes and RF microwave products in the domestic market[19](index=19&type=chunk) [Non-Recurring Gains and Losses Items and Amounts](index=7&type=section&id=VIII.%20Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) During the reporting period, the company's total non-recurring gains and losses amounted to **1.36 million yuan**, primarily comprising government grants recognized in current profit or loss of **1.56 million yuan** Non-Recurring Gains and Losses Items | Non-Recurring Gains and Losses Item | Amount (yuan) | | :--- | :--- | | Gains and losses on disposal of non-current assets | 145,493.15 | | Government grants recognized in current profit or loss | 1,562,350.57 | | Other non-operating income and expenses | -58,260.51 | | Less: Income tax impact | 290,270.74 | | **Total** | **1,359,312.47** | [Management Discussion and Analysis](index=9&type=section&id=Section%20III%20Management%20Discussion%20and%20Analysis) This section provides a comprehensive analysis of the company's operational performance, industry landscape, and future outlook [Industry and Main Business Overview](index=9&type=section&id=I.%20Industry%20and%20Main%20Business%20Overview) The company specializes in the general electronic test and measurement instrument industry, a technology-intensive sector supported by national policies, and is one of the few global enterprises capable of developing, producing, and selling four major product lines: digital oscilloscopes, signal generators, spectrum analyzers, and vector network analyzers - The general electronic test and measurement instrument industry is a national strategic equipment sector with high technical barriers, supported by various national policies including the "14th Five-Year Plan"[28](index=28&type=chunk)[30](index=30&type=chunk)[32](index=32&type=chunk) - The company is among the few global enterprises that master the core technologies of four major product lines (digital oscilloscopes, signal generators, spectrum analyzers, vector network analyzers) and can fully enter high-end fields[29](index=29&type=chunk)[40](index=40&type=chunk) - The company's main business products include digital oscilloscopes, waveform and signal generators, spectrum analyzers, vector network analyzers, power supplies, and multimeters, forming a comprehensive product matrix[40](index=40&type=chunk) [Industry Overview](index=9&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%20Industry%20Overview) The general electronic test and measurement instrument industry is technology-intensive with high entry barriers, dominated by European and American companies, while Siglent Technologies is narrowing the gap through technological accumulation and focusing on future trends of intelligence, modularity, and software-defined functionality - The industry's high technical barriers are primarily in front-end analog circuits, digital signal processing algorithms, and RF microwave circuit design, making it difficult for new entrants to establish competitiveness in the short term[32](index=32&type=chunk)[33](index=33&type=chunk) - The global market is dominated by European and American companies such as Keysight, Tektronix, LeCroy, and Rohde & Schwarz, with Siglent Technologies and a few other domestic enterprises catching up with mid-to-high-end product R&D capabilities[34](index=34&type=chunk) - Future industry development trends include intelligent networking, structural modularization, software-defined measurement functions, and increasing importance of algorithms[37](index=37&type=chunk)[38](index=38&type=chunk)[39](index=39&type=chunk) [Main Business Overview](index=11&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E6%83%85%E5%86%B5%E8%AF%B4%E6%98%8E) The company's main business involves the R&D, production, and sales of general electronic test and measurement instruments, with core products including digital oscilloscopes, waveform and signal generators, spectrum analyzers, and vector network analyzers, offering a complete product line from entry-level to high-end markets with leading technical specifications in China - The company's digital oscilloscope product line covers 8-bit to 12-bit high resolution, with bandwidths ranging from 50MHz to 8GHz, meeting diverse application scenarios from education to high-end R&D[40](index=40&type=chunk)[41](index=41&type=chunk)[42](index=42&type=chunk) - Waveform and signal generator products include arbitrary waveform generators (up to 5GHz) and RF microwave signal generators (up to 67GHz), offering high-quality signal precision[43](index=43&type=chunk)[46](index=46&type=chunk)[49](index=49&type=chunk) - RF microwave products such as spectrum analyzers and vector network analyzers can reach frequencies up to 50GHz, representing the company's core advantageous products, often referred to as "kings of instruments"[50](index=50&type=chunk)[51](index=51&type=chunk)[54](index=54&type=chunk)[55](index=55&type=chunk) [Discussion and Analysis of Operations](index=16&type=section&id=II.%20Discussion%20and%20Analysis%20of%20Operations) In the first half of 2025, the company achieved significant double-digit growth in both revenue and net profit, primarily driven by its high-end strategy, with high-resolution oscilloscopes and RF microwave products showing strong performance in the domestic market, supported by continuous high R&D and sales investments H1 2025 Operating Performance | Indicator | Amount | YoY Growth | | :--- | :--- | :--- | | Operating Revenue | 279 million yuan | 24.61% | | Net Profit Attributable to Shareholders of the Parent Company | 76.88 million yuan | 31.54% | | Net Profit Attributable to Shareholders of the Parent Company After Deducting Non-Recurring Gains and Losses | 75.52 million yuan | 33.80% | - The high-end strategy yielded significant results: high-end product revenue increased by **71.92%**, raising its proportion of total revenue from **22% to 30%**; sales of products priced above **50,000 yuan** grew by **69.61%**[65](index=65&type=chunk) - Core products showed strong growth: domestic high-resolution digital oscilloscope revenue increased by **65.71%**, and domestic RF microwave product revenue increased by **43.58%**[67](index=67&type=chunk) - Sustained high investment: R&D investment reached **60.22 million yuan**, a **37.08%** increase year-on-year, accounting for **21.60%** of revenue; eight new products were launched in the first half, further expanding the product matrix[68](index=68&type=chunk)[69](index=69&type=chunk) [Core Competitiveness Analysis](index=18&type=section&id=III.%20Core%20Competitiveness%20Analysis) The company's core competitiveness stems from its robust R&D platform and team, continuous technological and product innovation, strong brand reputation, global market channels, collaborations with industry leaders, and superior product quality and cost-effectiveness, supported by numerous core technologies and patents - R&D advantages: Possesses a nationally recognized CNAS measurement laboratory and other R&D platforms, with R&D personnel accounting for **47.41%** and experienced core technical staff[74](index=74&type=chunk)[75](index=75&type=chunk)[99](index=99&type=chunk) - Technology and product advantages: Masters core technologies such as "high-bandwidth low-noise oscilloscope technology" and "real-time spectrum analysis technology," holds **396 patents** (including **246 invention patents**), and its high-end products exhibit leading performance indicators in China[76](index=76&type=chunk)[77](index=77&type=chunk)[78](index=78&type=chunk) - Market and brand advantages: Its proprietary brand "SIGLENT" has established a comprehensive global distribution system and stable partnerships with oscilloscope industry leader LeCroy and Amazon[78](index=78&type=chunk)[79](index=79&type=chunk) - Quality and cost-effectiveness advantages: Certified with ISO9001 and other quality management systems, product quality matches that of leading foreign enterprises while offering more competitive pricing[80](index=80&type=chunk) [Risk Factors](index=25&type=section&id=IV.%20Risk%20Factors) The company faces key risks including core competitiveness risks (loss of core technical personnel, intellectual property disputes), operational risks (international trade friction), financial risks (changes in tax incentives, exchange rate fluctuations), and industry and macroeconomic environment risks - Core competitiveness risks: As a technology-intensive enterprise, the company heavily relies on its core technical personnel, posing risks of personnel loss and intellectual property disputes[100](index=100&type=chunk) - Operational and financial risks: A high proportion of overseas revenue exposes the company to risks such as China-US trade friction and exchange rate fluctuations; changes in high-tech enterprise tax incentives could also impact profitability[103](index=103&type=chunk)[104](index=104&type=chunk) - Industry and macroeconomic risks: The industry is characterized by rapid technological iteration, requiring continuous new product launches to maintain competitiveness; the company's operations are closely linked to the macroeconomic environment, and economic fluctuations may affect performance[105](index=105&type=chunk)[106](index=106&type=chunk) [Analysis of Main Operating Conditions](index=26&type=section&id=V.%20Analysis%20of%20Main%20Operating%20Conditions) This chapter analyzes the company's operating results, asset and liability status, and subsidiary operations during the reporting period through financial statement item changes, noting synchronous growth in operating revenue and costs, a 37.08% increase in R&D expenses due to increased investment, negative financial expenses due to exchange gains, and a stable asset-liability structure with overseas assets accounting for 6.64% of total assets Major Financial Statement Item Changes | Item | Current Period Amount (yuan) | Prior Period Amount (yuan) | Change (%) | Primary Reason | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 278,819,551.45 | 223,749,809.83 | 24.61 | Sales growth of four major product lines | | R&D Expenses | 60,221,602.11 | 43,931,232.31 | 37.08 | Increase in R&D personnel and related expenses | | Financial Expenses | -22,609,610.96 | -17,289,917.86 | -30.77 | Exchange gains from Euro appreciation | | Net Cash Flow from Operating Activities | 85,522,875.55 | 54,581,430.14 | 56.69 | Increased cash inflow from sales | - As of the end of the reporting period, the company's overseas assets amounted to **109.85 million yuan**, accounting for **6.64%** of total assets[116](index=116&type=chunk) - The company's main holding subsidiaries, including sales or production companies in the United States, Germany, and Malaysia, all operated normally during the reporting period[118](index=118&type=chunk)[119](index=119&type=chunk) [Corporate Governance, Environment, and Society](index=32&type=section&id=Section%20IV%20Corporate%20Governance%2C%20Environment%2C%20and%20Society) This section covers the company's governance structure, profit distribution plans, and employee incentive measures [Profit Distribution Plan](index=32&type=section&id=II.%20Profit%20Distribution%20or%20Capital%20Reserve%20Conversion%20Plan) The company has no profit distribution or capital reserve conversion to share capital plan for the first half of 2025 - The proposed profit distribution plan and capital reserve conversion to share capital plan for the half-year is "No"[121](index=121&type=chunk) [Equity Incentive Plan](index=32&type=section&id=III.%20Information%20on%20the%20Company%27s%20Equity%20Incentive%20Plan%2C%20Employee%20Stock%20Ownership%20Plan%20or%20Other%20Employee%20Incentive%20Measures%20and%20Their%20Impact) During the reporting period, the company canceled a portion of the granted but unvested restricted shares from its 2022 restricted stock incentive plan - On April 23, 2025, the company's board of directors and supervisory board reviewed and approved the proposal to cancel a portion of the granted but unvested restricted shares from the 2022 restricted stock incentive plan[122](index=122&type=chunk) [Significant Matters](index=34&type=section&id=Section%20V%20Significant%20Matters) This section details important events and commitments, including their fulfillment status and the use of raised funds [Fulfillment of Commitments](index=34&type=section&id=I.%20Fulfillment%20of%20Commitments) During the reporting period, the company's actual controller, shareholders, related parties, and the company itself strictly fulfilled all commitments made during the initial public offering and equity incentive matters, with no violations - Commitments related to the initial public offering, including resolving horizontal competition, related party transactions, share lock-up, and share repurchase, are all within their normal fulfillment period and have been strictly adhered to[126](index=126&type=chunk) - Commitments related to equity incentives are being strictly fulfilled by both the company and the incentive recipients[128](index=128&type=chunk) [Explanation of Progress in Use of Raised Funds](index=48&type=section&id=XII.%20Explanation%20of%20Progress%20in%20Use%20of%20Raised%20Funds) The company's net proceeds from its initial public offering amounted to **1.151 billion yuan**, including **812 million yuan** in over-raised funds; as of the end of the reporting period, cumulative raised funds invested totaled **1.044 billion yuan**, representing a **90.72%** investment progress, with over-raised funds fully used to permanently supplement working capital, and fundraising projects progressing as planned, including the completed "High-End General Electronic Test and Measurement Instrument R&D and Industrialization Project" Overall Use of Raised Funds | Project | Amount (yuan) | | :--- | :--- | | Net Raised Funds | 1,150,717,166.82 | | Total Committed Investment | 338,377,500.00 | | Total Over-Raised Funds | 812,339,666.82 | | Total Cumulative Raised Funds Invested | 1,043,905,097.40 | | Overall Investment Progress | 90.72% | - Over-raised funds of **812 million yuan** have been **100%** used as planned to permanently supplement working capital[162](index=162&type=chunk) - The company utilized idle raised funds of up to **260 million yuan** for cash management, with a cash management balance of **100 million yuan** at the end of the reporting period[163](index=163&type=chunk)[164](index=164&type=chunk)[165](index=165&type=chunk) [Changes in Shares and Shareholder Information](index=52&type=section&id=Section%20VI%20Changes%20in%20Shares%20and%20Shareholder%20Information) This section details any changes in the company's share capital and provides an overview of its shareholder structure [Changes in Share Capital](index=52&type=section&id=I.%20Changes%20in%20Share%20Capital) During the reporting period, there were no changes in the company's total ordinary share capital or share capital structure - During the reporting period, there were no changes in the company's total ordinary share capital or share capital structure[167](index=167&type=chunk) [Shareholder Information](index=52&type=section&id=II.%20Shareholder%20Information) As of the end of the reporting period, the company had **5,205** ordinary shareholders, with the top three being Qin Ke, Shao Haitao, and Zhao Yafeng, all acting in concert, holding a combined stake exceeding **57%**, and the top ten shareholders also including employee stock ownership platforms and several public funds - As of the end of the reporting period, the company had **5,205** ordinary shareholders[168](index=168&type=chunk) Top Ten Shareholders' Shareholding | Shareholder Name | Shares Held at Period End (shares) | Proportion (%) | | :--- | :--- | :--- | | Qin Ke | 35,527,113 | 22.32 | | Shao Haitao | 30,947,554 | 19.44 | | Zhao Yafeng | 25,211,217 | 15.84 | | Shenzhen Dinglixiangyang Investment Partnership (Limited Partnership) | 10,489,600 | 6.59 | | Shenzhen Zhonglikangding Enterprise Management Consulting Partnership (Limited Partnership) | 8,344,000 | 5.24 | - Shareholders Qin Ke, Shao Haitao, and Zhao Yafeng are parties acting in concert with the company; Qin Ke is the executive partner of Dinglixiangyang, Zhonglikangding, and Boshi Tongyu[171](index=171&type=chunk) [Bond-Related Information](index=56&type=section&id=Section%20VII%20Bond-Related%20Information) This section provides details on the company's bonds and other debt financing instruments [Company Bonds and Other Debt Financing Instruments](index=56&type=section&id=I.%20Company%20Bonds%20%28Including%20Corporate%20Bonds%29%20and%20Non-Financial%20Enterprise%20Debt%20Financing%20Instruments) During the reporting period, the company had no outstanding company bonds, corporate bonds, or non-financial enterprise debt financing instruments - The company has no company bonds (including corporate bonds) or non-financial enterprise debt financing instruments[176](index=176&type=chunk) [Financial Report](index=57&type=section&id=Section%20VIII%20Financial%20Report) This section contains the company's financial statements and related notes [Audit Report](index=57&type=section&id=I.%20Audit%20Report) This semi-annual report has not been audited - This semi-annual report has not been audited[4](index=4&type=chunk)[178](index=178&type=chunk) [Financial Statements](index=57&type=section&id=II.%20Financial%20Statements) This chapter presents the company's consolidated and parent company financial statements for the first half of 2025, including the balance sheet, income statement, cash flow statement, and statement of changes in owners' equity Consolidated Balance Sheet Key Data at Period End | Item | June 30, 2025 (yuan) | December 31, 2024 (yuan) | | :--- | :--- | :--- | | Total Assets | 1,654,182,406.23 | 1,677,191,995.38 | | Total Liabilities | 123,086,555.38 | 143,914,492.17 | | Total Owners' Equity Attributable to the Parent Company | 1,531,095,850.85 | 1,533,277,503.21 | Consolidated Income Statement Key Data for Half-Year | Item | Jan-Jun 2025 (yuan) | Jan-Jun 2024 (yuan) | | :--- | :--- | :--- | | Total Operating Revenue | 278,819,551.45 | 223,749,809.83 | | Total Operating Costs | 206,278,517.21 | 163,932,271.30 | | Total Profit | 78,470,164.48 | 64,701,011.54 | | Net Profit | 76,875,712.37 | 58,442,621.35 | [Notes to Consolidated Financial Statements](index=94&type=section&id=VII.%20Notes%20to%20Consolidated%20Financial%20Statements) This chapter provides detailed notes on major items in the consolidated financial statements, including the composition, changes, and accounting treatment of cash and cash equivalents, accounts receivable, inventories, fixed assets, accounts payable, various expenses, and revenue and costs - Cash and cash equivalents at period-end amounted to **1.199 billion yuan**, primarily consisting of bank deposits[296](index=296&type=chunk) - Accounts receivable balance at period-end was **73.67 million yuan**, with a bad debt provision of **5.86 million yuan** accrued by portfolio[305](index=305&type=chunk)[308](index=308&type=chunk) - Inventory book value at period-end was **222 million yuan**, mainly comprising raw materials and merchandise inventory[330](index=330&type=chunk)

Core Insights - The article highlights the trend of net inflow of main funds into specific stocks, with 43 stocks experiencing a net inflow for five consecutive days or more as of August 13 [1] Group 1: Stocks with Continuous Net Inflow - Longsoft Technology has the longest streak of net inflow, with 10 consecutive days [1] - Dingyang Technology follows with 9 consecutive days of net inflow [1] - Dongshan Precision has the highest total net inflow amounting to 1.498 billion, over five days [1] - Taicheng Light ranks second with a net inflow of 839 million over the same period [1] Group 2: Net Inflow and Performance Metrics - The stock with the highest net inflow ratio is Luyang Energy, which has seen a 7.03% increase over the past five days [1] - The cumulative price change for Dongshan Precision is 14.45%, while Taicheng Light has increased by 14.92% [1] - Huicheng Environmental Protection has a cumulative increase of 18.94% over eight days of net inflow [1] Group 3: Additional Stocks with Notable Inflows - Other notable stocks include Pengding Technology with a net inflow of 568 million over six days and a price increase of 16.84% [1] - The stock Huayang Silver has a net inflow of 286 million over five days, with a slight decrease of 0.78% [1] - The stock with the lowest net inflow in the list is Shentong Technology, with 58 million over six days and a price increase of 27.27% [2]

Core Insights - Dingyang Technology (688112) reported a revenue of 279 million yuan for the first half of 2025, representing a year-on-year growth of 24.61% [1] - The company's net profit attributable to shareholders reached 76.88 million yuan, marking a year-on-year increase of 31.54% [1] Product Performance - The company's four main product categories experienced price and volume increases across high, medium, and low-end products [1] - High-end products continued to grow, with significant demand for high-resolution oscilloscopes and RF microwave products in the domestic market [1] - The sustained high growth in these segments contributed to the overall revenue increase for the company [1]

Core Insights - Dingyang Technology (688112.SH) reported a revenue of 278.82 million yuan for the first half of 2025, representing a year-on-year growth of 24.61% [1] - The net profit attributable to the parent company reached 76.88 million yuan, marking a year-on-year increase of 31.54% [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses was 75.52 million yuan, showing a year-on-year growth of 33.80% [1] Revenue Drivers - The growth in revenue is primarily driven by the increase in both price and volume across four main product categories, including high, medium, and low-end products [1] - Continued growth in high-end products, particularly high-resolution oscilloscopes and RF microwave products, has positively impacted revenue growth in the domestic market [1]

Core Insights - A total of 48 stocks on the Shanghai and Shenzhen exchanges have experienced net inflows of main funds for five consecutive days or more, indicating strong investor interest [1] Group 1: Stocks with Significant Net Inflows - Hengshang Energy has seen net inflows for 11 consecutive days, ranking first among the stocks [1] - Agricultural Bank of China ranks second with net inflows for 10 consecutive days, totaling 1.917 billion yuan [1] - BoRui Pharmaceutical follows with net inflows for 8 days, amounting to 868 million yuan [1] Group 2: Performance Metrics - Agricultural Bank of China has the highest total net inflow amount, with a cumulative net inflow of 1.917 billion yuan over 10 days, and a price increase of 11.56% [1] - BoRui Pharmaceutical has a net inflow of 868 million yuan over 8 days, with a price increase of 16.13% [1] - Xinjiang Communications Construction has the highest net inflow ratio at 24.39%, with a price increase of 38.33% over 6 days [1] Group 3: Additional Notable Stocks - Huicheng Environmental Protection and Xinke Materials both recorded net inflows of 606 million yuan over 7 days, with price increases of 14.40% and 18.70% respectively [1] - Fuling Electric Power has a net inflow of 477 million yuan over 9 days, with a significant price increase of 31.03% [1] - Other notable stocks include Huaguang Huaneng and Wanchen Group, with net inflows of 327 million yuan and 315 million yuan respectively, and price increases of 55.15% and 12.61% [1]

沪深两市全天主力资金净流入100.20亿元，其中，科创板主力资金净流出20.87亿元，主力资金净流入的 有243只股，主力资金净流出的有344只股。 证券时报·数据宝统计显示，今日科创板个股上涨的有499只，涨停的有赛诺医疗、莱尔科技等2只，下 跌的有85只。 资金流向方面，今日主力资金净流入的科创板股共有243只，其中，10只个股主力资金净流入超5000万 元，东芯股份主力资金净流入1.86亿元，净流入资金居首；寒武纪、云从科技紧随其后，全天净流入资 金分别为1.38亿元、9916.17万元。主力资金净流出的有344只，净流出资金最多的是中芯国际，该股今 日上涨0.35%，全天主力资金净流出2.60亿元，其次是海光信息、芯原股份，主力资金净流出分别为 2.30亿元、2.22亿元。 从主力资金连续性进行观察，共有36只个股主力资金连续3个交易日以上持续净流入，连续流入天数最 多的是龙软科技，该股已连续8个交易日净流入；连续净流入天数较多的还有博瑞医药、鼎阳科技等， 主力资金分别连续流入7天、7天。主力资金连续流出的个股有140只，连续流出天数最多的是亿华通， 该股已连续18个交易日净流出；连续净流出天数较多的 ...

Core Viewpoint - Shenzhen Dingyang Technology Co., Ltd. announced its annual profit distribution plan for 2024, which includes a cash dividend of 0.51 RMB per share, totaling approximately 81.19 million RMB for all shareholders [1][5]. Distribution Plan - The profit distribution plan was approved at the annual shareholders' meeting held on May 22, 2025 [1]. - The total number of shares for the distribution is based on 159,200,019 shares, with a cash dividend of 0.51 RMB per share (including tax) [1]. Relevant Dates - The key dates for the distribution are as follows: - Record date - Ex-dividend date - Cash dividend payment date [1]. Implementation Method - Cash dividends for shareholders with unrestricted circulating shares will be distributed through China Securities Depository and Clearing Corporation Limited, Shanghai Branch [1]. - Shareholders who have completed designated transactions can receive their cash dividends on the payment date at their designated securities business department [1]. Taxation Policies - For individual shareholders holding unrestricted circulating shares: - Those holding shares for over 1 year are exempt from individual income tax, receiving a net cash dividend of 0.51 RMB per share [2]. - For those holding shares for 1 year or less, the company will not withhold individual income tax at the time of distribution, but tax will be calculated upon transfer of shares [2]. - For shareholders holding restricted circulating shares, tax will be calculated based on the holding period after the lifting of restrictions [3]. - Qualified Foreign Institutional Investors (QFII) will have a 10% withholding tax applied, resulting in a net cash dividend of 0.459 RMB per share [4]. - For Hong Kong investors holding shares through the "Shanghai-Hong Kong Stock Connect," a 10% withholding tax will also apply, leading to a net cash dividend of 0.459 RMB per share [4]. - Other corporate shareholders will be responsible for their own tax declarations, receiving a pre-tax cash dividend of 0.51 RMB per share [5].

| 股权登记日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | | 2025/6/5 | 2025/6/6 | 2025/6/6 | 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 5 月 22 日的2024年年度股东大会审议通过。 证券代码：688112 证券简称：鼎阳科技 公告编号：2025-020 深圳市鼎阳科技股份有限公司2024年年度权益分派 实施公告 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。 重要内容提示： 二、 分配方案 1. 发放年度：2024年年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3. 分配方案： 本次利润分配以方案实施前的公司总股本159,200,019股为基数，每股派发现 金红利0.51元（含税），共计派发现金红利81,192,009.69元（含税）。 是否涉及差异化分红送转：否 每股分配比例 每股现金红利0 ...

Group 1 - China Energy Construction won a major coal-fired power project with a bid amount of approximately 14.586 billion yuan, involving six 660 MW supercritical coal-fired generating units and supporting environmental facilities, with a total construction period of about 36.5 months [1] - Taiji Industry plans to repurchase company shares with a total amount not less than 1 billion yuan and not exceeding 1.2 billion yuan, with a maximum repurchase price of 10.38 yuan per share [1] - Youxun Technology won a project from State Grid with a bid amount of approximately 176 million yuan, accounting for 17.44% of the company's audited revenue for 2024 [2] Group 2 - Daili New Materials established an investment fund with a total subscribed capital of 163.3 million yuan, with Daili contributing 10 million yuan, accounting for 6.12% of the fund [4] - Wanyi Technology received a government subsidy of 2.3475 million yuan, which has been confirmed and classified according to relevant accounting standards [6] - Anke Biotech received a drug registration certificate for Acetate Atosiban Injection, which is used for treating preterm labor [7] Group 3 - Renfu Pharmaceutical received a drug registration certificate for Progesterone Soft Capsules, which are used to treat functional disorders caused by progesterone deficiency [9] - Linyang Energy is a recommended candidate for a major contract with State Grid, with a total expected bid amount of approximately 165 million yuan [11] - Hongtian Technology plans to invest 200 million to 300 million yuan to establish a wholly-owned subsidiary in Gansu Province [28] Group 4 - Hunan Xiang Electric received a total of 40 million yuan in government subsidies, which accounts for 16.07% of the company's audited net profit for 2024 [44] - Nengke Technology plans to repurchase shares with a total amount not less than 10 million yuan and not exceeding 20 million yuan, with a maximum repurchase price of 43.00 yuan per share [46] - Xiamen XGMA received 10 million yuan in historical debt repayment, which is expected to increase the company's net profit for 2025 by 3.186 million yuan [48]