证券代码：688170 证券简称：德龙激光 公告编号：2025-037 苏州德龙激光股份有限公司 关于 2025 年前三季度计提资产减值准备的公告 （一） 信用减值损失 公司以预期信用损失为基础，对应收票据、应收账款、其他应收款进行减值 测试并确认减值损失。根据信用减值计提测试，2025 年 1-9 月应转回信用减值损 失金额为 277.65 万元。 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。 一、 本次计提减值准备情况概述 苏州德龙激光股份有限公司（以下简称"德龙激光"、"公司"）根据《上 海证券交易所科创板股票上市规则》的相关要求，依据《企业会计准则》以及公 司相关会计政策的规定，为客观公允地反映公司财务状况、资产价值与经营成果， 公司及子公司对各类资产进行减值测试，基于谨慎性原则，对截至 2025 年 9 月 30 日合并报表范围内可能发生信用及资产减值损失的有关资产计提信用及资产 减值准备。 公司 2025 年 1-9 月转回信用减值损失 277.65 万元，计提资产减值损失 1,732.08 万元，具体如下表 ...

关于召开 2025 年第三季度业绩说明会的公告 证券代码：688170 证券简称：德龙激光 公告编号：2025-036 苏州德龙激光股份有限公司 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： 苏州德龙激光股份有限公司（以下简称"公司"）已于 2025 年 10 月 30 日发布公司 2025 年第三季度报告，为便于广大投资者更全面深入地了解公司 2025 年第三季度经营成果、财务 状况，公司计划于 2025 年 11 月 24 日下午 15:00-16:00 举行 2025 年第三季度业绩说明会，就 投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 年第三季度的经营成果及财务 指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围内就投资者普遍关注的 问题进行回答。 二、说明会召开的时间、地点 （一）会议召开时间：2025 年 11 月 24 日 下午 15:00-16:00 （二） 会议召开地点：上海证券交易所上证路演中心（网址：https://r ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥166,179,049.80, representing a year-on-year increase of 20.48%[4] - The total profit for the period was a loss of ¥626,662.73, with a year-to-date loss of ¥14,212,883.22[4] - The net profit attributable to shareholders was a loss of ¥1,377,446.16 for the quarter, with a year-to-date loss of ¥16,861,808.64[4] - The company reported a significant improvement in financial performance, with a reduction in loss margins due to a 20.48% increase in revenue compared to the previous year[9] - The net loss for the first three quarters of 2025 was ¥16,861,808.64, an improvement from a net loss of ¥21,345,064.81 in the same period of 2024[21] - The operating profit for the first three quarters of 2025 was reported at -¥14,234,488.92, compared to -¥19,819,303.84 in 2024, indicating a reduction in losses[21] - The company recorded a total comprehensive loss of ¥17,625,838.30 for the first three quarters of 2025, compared to a loss of ¥21,387,617.15 in 2024[21] - Basic and diluted earnings per share for the first three quarters of 2025 were both -¥0.16, an improvement from -¥0.21 in the same period of 2024[22] Research and Development - Research and development expenses totaled ¥31,225,446.28, accounting for 18.79% of operating revenue, a decrease of 4.85 percentage points year-on-year[5] - Research and development expenses for the first three quarters of 2025 were ¥97,363,189.93, compared to ¥98,609,713.47 in 2024, showing a slight decrease[19] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥1,819,061,039.59, a decrease of 0.82% compared to the end of the previous year[5] - Total current assets as of September 30, 2025, amount to ¥1,345,199,246.57, a decrease from ¥1,408,877,111.26 at the end of 2024[14] - Total non-current assets increased to ¥473,861,793.02 from ¥425,300,181.41[15] - The total liabilities as of the reporting date were ¥604,340,191.59, slightly up from ¥601,830,606.37 in the previous year[16] - Total equity attributable to shareholders was ¥1,214,720,848.00, down from ¥1,232,346,686.30 in the previous year[16] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥8,338,305.00, reflecting improved cash collection from customers[9] - Cash inflow from operating activities for the first three quarters of 2025 was $558.68 million, an increase of 9% compared to $512.57 million in the same period of 2024[23] - Net cash flow from operating activities turned positive at $8.34 million in 2025, compared to a negative $79.91 million in 2024[23] - Cash inflow from investment activities totaled $812.88 million in 2025, up from $652.01 million in 2024, marking a 24.6% increase[24] - Net cash flow from investment activities improved to -$10.04 million in 2025, compared to -$230.42 million in 2024[24] - Cash inflow from financing activities decreased to $29.32 million in 2025 from $67.02 million in 2024, a decline of 56.3%[24] - Net cash flow from financing activities was -$39.75 million in 2025, contrasting with a positive $16.20 million in 2024[24] - The ending cash and cash equivalents balance for 2025 was $190.94 million, down from $236.89 million in 2024[24] - Cash received from the recovery of investments was $809.50 million in 2025, compared to $649.00 million in 2024, reflecting a 24.7% increase[24] - Total cash outflow for investment activities was $822.92 million in 2025, a decrease from $882.43 million in 2024[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 6,754[11] - The largest shareholder, Zhao Yuxing, holds 22.68% of shares, totaling 23,445,000 shares[12] Other Financial Metrics - The basic and diluted earnings per share for the quarter were both -¥0.01, with a year-to-date figure of -¥0.16[4] - The weighted average return on net assets was -0.11%, an increase of 0.81 percentage points compared to the same period last year, indicating a narrowing of losses[4] - Non-operating income for the period amounted to ¥5,154,251.22, with government subsidies contributing significantly to this figure[7] - Total operating revenue for the first three quarters of 2025 reached ¥451,394,584.04, an increase of 8.5% compared to ¥416,212,299.43 in the same period of 2024[19] - Total operating costs for the first three quarters of 2025 were ¥475,096,210.26, up from ¥442,175,902.83 in 2024, reflecting a rise of 7.4%[19] - The company reported a financial income of ¥2,454,737.78 for the first three quarters of 2025, down from ¥6,371,914.02 in the same period of 2024[19]

证券代码：688170 证券简称：德龙激光 公告编号：2025-038 苏州德龙激光股份有限公司（以下简称"公司"、"德龙激光"）于 2025 年 10 月 28 日召开第五届董事会第十次会议，审议通过了《关于取消监事会、修订 <公司章程>的议案》和《关于制定、修订公司部分治理制度的议案》,现将具体 情况公告如下： 一、取消监事会情况 根据 2024 年 7 月 1 日起实施的《中华人民共和国公司法》（以下简称《公司 法》）、中国证券监督管理委员会(以下简称"中国证监会")发布的《关于新<公 司法>配套制度规则实施相关过渡期安排》以及《上市公司章程指引》等相关法 律、法规、规范性文件的规定，结合公司实际情况，公司拟取消监事会，《公司 法》规定的监事会的职权将由董事会审计委员会行使，《苏州德龙激光股份有限 公司监事会议事规则》随之废止。 公司第五届监事会原定任期至 2027 年 5 月 15 日届满，本次公司不再设立监 事会及监事后，公司监事苏金其先生、王龙祥先生和计婷怡女士在本届监事会中 担任的职务自然免除。各位监事在担任公司监事期间勤勉尽责，为公司规范运作 发挥了积极作用，公司对各位监事为公司发展所作出的贡 ...

Core Insights - Delong Laser reported a third-quarter revenue of 166 million yuan, representing a year-on-year increase of 20.48% [1] - The company experienced a net loss of 1.38 million yuan in the third quarter [1] - For the first three quarters, the total revenue reached 451 million yuan, showing a year-on-year growth of 8.45% [1] - The net loss for the first three quarters amounted to 16.86 million yuan [1]

Group 1 - The core point of the news is the performance and financial metrics of Delong Laser, which saw a stock price increase of 5.12% to 35.52 CNY per share, with a trading volume of 1.93 billion CNY and a turnover rate of 5.44%, resulting in a total market capitalization of 3.671 billion CNY [1] - Delong Laser, established on April 4, 2005, and listed on April 29, 2022, is located in the Suzhou Free Trade Zone and specializes in the research, production, and sales of precision laser processing equipment and lasers, providing laser processing services to customers [1] - The revenue composition of Delong Laser includes: 72.10% from precision laser processing equipment, 10.22% from parts sales and maintenance, 8.18% from lasers, 7.28% from laser processing services, 1.59% from laser equipment leasing services, and 0.34% from other supplementary services [1] Group 2 - From the perspective of fund holdings, Huazhang Fund has a significant position in Delong Laser, with the Huazhang Innovation Mixed Fund (040001) holding 721,400 shares, accounting for 2.38% of the fund's net value, ranking as the tenth largest holding [2] - The Huazhang Innovation Mixed Fund (040001) has a total scale of 1.169 billion CNY and has achieved a year-to-date return of 24.86%, ranking 3856 out of 8155 in its category, with a one-year return of 17.93%, ranking 4342 out of 8031 [2]

Investment Rating - The report maintains an "Outperform" rating for the solid-state battery industry [1]. Core Viewpoints - Solid-state batteries are expected to see rapid growth in demand for electric vehicles due to their significant advantages in safety and energy density, supported by strong policy backing [1][3]. - The production of solid-state batteries is anticipated to accelerate, with production lines and equipment likely to benefit first from this transition [1][3]. - The global market for solid-state battery equipment is projected to reach CNY 40 billion in 2024, with expectations to grow to CNY 1,079.4 billion by 2030 [28][30]. Summary by Sections Industry Overview - Solid-state batteries are positioned as the next-generation technology for electric vehicle power sources, offering superior safety and energy density compared to traditional lithium-ion batteries [1][13]. - The industry is experiencing a dual drive from both policy and market forces, leading to an increase in production capacity and technological advancements [1][19]. Market Dynamics - Equipment orders for solid-state batteries are expected to precede the demand for end products, indicating a rapid growth potential in the equipment market [23][28]. - The solid-state battery equipment market is projected to grow significantly, with a forecasted market size of CNY 1,079.4 billion by 2030 [28][30]. Technological Developments - The introduction of new equipment and upgrades across various production stages is essential for the solid-state battery industry, particularly in the front-end and mid-stage processes [24][31]. - The solid-state battery production process requires specific equipment that differs from traditional lithium-ion battery production, necessitating significant investment in new technologies [24][31]. Investment Recommendations - The report suggests focusing on specific equipment segments such as dry electrode technology and static pressure equipment, which are expected to see increased demand and penetration rates [3][19]. - Companies like Xianlead Intelligent, Winbond Technology, and others are highlighted as key players to watch in the solid-state battery equipment sector [3][19].

Core Viewpoint - Delong Laser (688170.SH) reported a slight increase in revenue for the first half of 2025, but continued to face significant net losses compared to the previous year [1][2]. Financial Performance - The company achieved operating revenue of 285.22 million yuan in the first half of 2025, representing a year-on-year increase of 2.49% [2]. - The net profit attributable to shareholders was -15.48 million yuan, worsening from -9.87 million yuan in the same period last year [2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -24.34 million yuan, compared to -16.10 million yuan in the previous year [2]. - The net cash flow from operating activities was 19.65 million yuan, a significant improvement from -64.10 million yuan in the same period last year [2]. Historical Context - In 2024, the company reported operating revenue of 715 million yuan, a year-on-year increase of 22.93%, but also recorded a net loss of -34.50 million yuan [2]. - The company went public on the Shanghai Stock Exchange's Sci-Tech Innovation Board on April 29, 2022, with an initial offering price of 30.18 yuan per share and raised a total of 780 million yuan [3]. - The net proceeds from the IPO were 714 million yuan, exceeding the original plan by 264 million yuan [3]. Use of Proceeds - The funds raised from the IPO were intended for expanding production capacity for precision laser processing equipment, developing new laser technologies, building a research center, and enhancing customer service networks [3]. Shareholder Information - The controlling shareholder and actual controller of Delong Laser, Zhao Yuxing, holds Australian nationality [5].

Core Viewpoint - The article discusses the upcoming 2025 Heterogeneous Integration Annual Conference organized by TrendBank and the Yongjiang Laboratory, focusing on the strategic opportunities in the new generation of chip development and the importance of heterogeneous integration technology in the semiconductor industry [7][8]. Event Details - The conference will take place from November 17-19, 2025, at the Nanyuan Wanghai Hotel in Zhenhai District, Ningbo [8]. - The event aims to gather industry and research experts to discuss advanced packaging technologies and promote collaboration between the semiconductor industry and research institutions [9]. Conference Agenda - The agenda includes various sessions on topics such as CIS heterogeneous integration processes, 2.5D/3D chip integration, and the impact of artificial intelligence on chip interconnects [3][4]. - Keynote speeches will be delivered by government leaders and representatives from the organizing bodies [3]. Focus Areas - The conference will emphasize multi-material heterogeneous integration, optoelectronic integration, and advanced packaging technologies, including TGV (Through Glass Via) and FOPLP (Fan-Out Panel Level Packaging) [9]. - Discussions will also cover challenges and innovations in semiconductor materials and equipment [9]. Registration and Fees - The registration fee is RMB 2500 per person, with early bird discounts available for those who register before October 31 [10]. - Special pricing is offered for students at RMB 1500 [10].

Core Viewpoint - Delong Laser experienced a decline of 5.03% in stock price, closing at 33.06 CNY per share, with a trading volume of 146 million CNY and a turnover rate of 4.15%, resulting in a total market capitalization of 3.417 billion CNY [1] Company Overview - Suzhou Delong Laser Co., Ltd. is located in the Suzhou Industrial Park, Jiangsu, China, and was established on April 4, 2005, with its listing date on April 29, 2022 [1] - The company's main business involves the research, development, production, and sales of precision laser processing equipment and lasers, as well as providing laser processing services [1] - Revenue composition includes: - Precision laser processing equipment: 72.10% - Parts sales and maintenance: 10.22% - Lasers: 8.18% - Laser processing services: 7.28% - Laser equipment rental services: 1.59% - Other (supplementary): 0.34% - Other main business: 0.29% [1] Fund Holdings - Huazhan Fund has a significant holding in Delong Laser through its fund, Huazhan Carbon Neutral Mixed A (015989), which held 418,000 shares in the second quarter, unchanged from the previous period, accounting for 5% of the fund's net value [2] - The fund has reported a floating loss of approximately 731,600 CNY as of the latest update [2] - Huazhan Carbon Neutral Mixed A was established on February 7, 2023, with a current scale of 173 million CNY, achieving a year-to-date return of 49.93% and a one-year return of 61.54% [2] - The fund manager, Jiang Qiu, has a tenure of 10 years and 126 days, with total fund assets of 5.253 billion CNY, and has delivered a best return of 262.9% and a worst return of -29.45% during his tenure [2]