第一章 总 则 北京华峰测控技术股份有限公司 防范控股股东、实际控制人及其他关联方 资金占用管理制度 第一条 为了建立防止控股股东、实际控制人及其他关联方占用北京华峰测 控技术股份有限公司（以下简称"公司"）资金的长效机制，杜绝控股股东、实 际控制人及其他关联方资金占用行为的发生，根据《中华人民共和国公司法》《中 华人民共和国证券法》《中华人民共和国民法典》《上市公司监管指引第 8 号— —上市公司资金往来、对外担保的监管要求》及《上海证券交易所科创板股票上 市规则》（以下简称《上市规则》）《上海证券交易所科创板上市公司自律监管 指引第 1 号——规范运作》等法律、法规、规范性文件以及《北京华峰测控技术 股份有限公司章程》（以下简称《公司章程》）的有关规定，制定本制度。 第二条 公司董事和高级管理人员对维护公司资金安全有法定义务。 第三条 公司、公司分公司、控股子公司及其所属分、子公司与公司控股股 东、实际控制人及其他关联方发生的经营性资金往来中，包括正常的关联交易产 生的资金往来，应当严格防范和限制控股股东、实际控制人及其他关联方占用公 司资金。 公司应对其与控股股东、实际控制人及其他关联方已经发生的资金往 ...

关于取消监事会、调整董事会人数、修订《公司章程》、 修订及制定部分治理制度的公告 证券代码：688200 证券简称：华峰测控 公告编号：2025-065 北京华峰测控技术股份有限公司 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、准确性和完整性依法承担法律责任。 北京华峰测控技术股份有限公司（以下简称"公司"）于 2025 年 10 月 29 日召开第三届董事会第十八次会议，审议通过了《关于取消监事会、调整董事会 人数并修订<公司章程>的议案》《关于修订及制定公司部分治理制度的议案》； 同日，公司召开第三届监事会第十七次会议，审议通过了《关于取消监事会的议 案》。上述部分议案尚需提交公司股东大会审议，现将有关情况公告如下： 一、取消公司监事会的情况 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发布的《关于新<公司法>配套制度规则实 施相关过渡期安排》《上市公司章程指引》的规定，结合公司治理实际需求，公 司拟取消监事会，由董事会审计委员会行使《公司法》规定的监事会的职权，《公 司监事 ...

证券代码：688200 证券简称：华峰测控 公告编号：2025-066 北京华峰测控技术股份有限公司 第三届监事会第十七次会议决议公告 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。 一、监事会会议召开情况 北京华峰测控技术股份有限公司（以下简称"公司"）第三届监事会第十七 次会议于 2025 年 10 月 29 日在公司会议室以现场和通讯方式召开。本次会议应 到监事 3 名，实到监事 3 名。会议由监事会主席赵运坤主持。本次会议的召集和 召开符合《公司法》等法律、法规、部门规章以及《公司章程》的有关规定，作 出的决议合法、有效。 二、监事会会议审议情况 经与会监事认真审议，审议通过了以下议案： （一）《关于公司 2025 年第三季度报告的议案》 公司 2025 年第三季度报告的编制和审议程序符合法律、行政法规和公司内 部管理制度的相关规定，报告内容真实、准确、完整地反映了公司的经营成果和 财务状况，不存在任何虚假记载、误导性陈述或者重大遗漏。 表决结果：3 票同意，0 票反对，0 票弃权。 具体内容详见公司同日在上海证券 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥404,859,890.20, an increase of 67.21% compared to the same period last year[4] - The total profit for the third quarter was ¥210,684,266.17, reflecting an increase of 89.28% year-over-year[4] - The net profit attributable to shareholders was ¥191,140,918.24, up 89.99% from the previous year[4] - The basic earnings per share for the third quarter was ¥1.41, representing a 90.54% increase compared to the same period last year[5] - The net profit excluding non-recurring gains and losses for the third quarter was ¥168,946,611.25, a 75.54% increase compared to the same period last year[4] - Total operating revenue for the first three quarters of 2025 reached ¥939,315,871.52, a significant increase of 51.2% compared to ¥621,198,629.10 in the same period of 2024[18] - Operating profit for the first three quarters of 2025 was ¥421,498,300.38, up 83.9% from ¥228,967,339.25 in the first three quarters of 2024[18] - Net profit for the first three quarters of 2025 was ¥386,924,067.95, representing a 81.5% increase from ¥213,093,657.21 in the same period of 2024[19] - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥2.86, compared to ¥1.58 in the same period of 2024[19] Research and Development - Research and development expenses totaled ¥71,307,809.54, which is 62.59% higher than the previous year[5] - Research and development expenses for the first three quarters of 2025 totaled ¥182,202,203.01, an increase from ¥120,879,307.89 in the same period of 2024[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,182,107,578.82, an increase of 9.82% from the end of the previous year[5] - The total assets of the company increased from ¥3,808,080,455.23 to ¥4,182,107,578.82, marking an increase of approximately 9.8%[15] - Total current assets rose from ¥2,934,292,569.32 to ¥3,190,407,379.34, an increase of approximately 8.7%[14] - Non-current assets increased from ¥873,787,885.91 to ¥991,700,199.48, reflecting a growth of about 13.5%[15] - Total liabilities increased to ¥301,418,122.81 in 2025 from ¥237,799,660.03 in 2024, reflecting a growth of 26.7%[16] - The company's accounts payable rose from ¥54,262,784.77 to ¥69,678,963.34, an increase of about 28.5%[15] - Contract liabilities increased from ¥56,253,024.08 to ¥77,939,276.63, representing a growth of approximately 38.7%[15] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥126,485,186.94, a significant increase of 622.34% compared to the same period last year[4] - Cash flow from operating activities for the first three quarters of 2025 was ¥126,485,186.94, a substantial increase from ¥17,510,432.85 in the first three quarters of 2024[21] - Cash inflow from investment activities totaled $287,007,103.05, a significant increase from $163,246,284.67 in the previous period, reflecting a growth of approximately 75.9%[22] - Cash outflow from investment activities reached $383,982,064.17, compared to $69,164,019.87 previously, indicating a substantial rise of about 454.5%[22] - The net cash flow from investment activities was -$96,974,961.12, contrasting with a positive cash flow of $94,082,264.80 in the prior period[22] - Cash inflow from financing activities amounted to $9,866,450.70, up from $4,885,455.94, representing an increase of approximately 102.0%[22] - Cash outflow from financing activities was $107,904,140.33, compared to $95,156,358.79 previously, marking an increase of about 13.9%[22] - The net cash flow from financing activities was -$98,037,689.63, slightly worsening from -$90,270,902.85 in the previous period[22] - The net increase in cash and cash equivalents was -$70,512,247.07, a decline from a positive increase of $22,212,582.90 previously[22] - The ending balance of cash and cash equivalents stood at $1,047,660,243.90, down from $995,703,996.28 in the prior period[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 10,194[11] - The largest shareholder, Tianjin Xinhua Investment Holdings Co., Ltd., holds 37,236,420 shares, accounting for 27.47% of total shares[11] - The company reported no significant changes in shareholder participation in margin trading or securities lending activities[12] Future Outlook - The company expects continued growth in revenue and profit due to increasing market demand[9]

Market Overview - The semiconductor sector increased by 0.26% on October 29, with Hualing Co. leading the gains [1] - The Shanghai Composite Index closed at 4016.33, up 0.7%, while the Shenzhen Component Index closed at 13691.38, up 1.95% [1] Top Gainers in Semiconductor Sector - Anling Co. (Code: 920139) closed at 24.33, up 7.42% with a trading volume of 101,200 shares and a transaction value of 237 million [1] - SIRUI (Code: 688536) closed at 170.28, up 6.71% with a trading volume of 68,700 shares and a transaction value of 1.163 billion [1] - Jiangbolong (Code: 301308) closed at 272.82, up 6.04% with a trading volume of 246,900 shares and a transaction value of 6.681 billion [1] - Changchuan Technology (Code: 300604) closed at 92.52, up 4.96% with a trading volume of 554,400 shares and a transaction value of 5 billion [1] Top Losers in Semiconductor Sector - Zhongke Feicai (Code: 688361) closed at 118.20, down 6.32% with a trading volume of 120,700 shares and a transaction value of 145.7 million [2] - Canxin Co. (Code: 688691) closed at 131.18, down 5.76% with a trading volume of 118,500 shares and a transaction value of 155.5 million [2] - Dawi Co. (Code: 002213) closed at 26.70, down 5.12% with a trading volume of 1,041,600 shares and a transaction value of 288.2 million [2] Capital Flow Analysis - The semiconductor sector experienced a net outflow of 6.189 billion from institutional investors, while retail investors saw a net inflow of 2.683 billion [2][3] - Major stocks like Huahong Company (Code: 688347) had a net inflow of 457.16 million from institutional investors, but a net outflow of 203 million from speculative funds [3] - Changchuan Technology (Code: 300604) had a net inflow of 346 million from institutional investors, with a net outflow of 192 million from speculative funds [3]

Core Viewpoint - Huafeng Measurement and Control has shown significant stock performance with a year-to-date increase of 104.82% and a recent 5-day increase of 11.84% [1] Group 1: Stock Performance - As of October 29, Huafeng Measurement and Control's stock price rose by 2.14% to 212.50 CNY per share, with a trading volume of 1.17 billion CNY and a turnover rate of 0.41% [1] - The company's total market capitalization stands at 28.801 billion CNY [1] - The stock has experienced a 47.27% increase over the past 60 days [1] Group 2: Financial Performance - For the first half of 2025, Huafeng Measurement and Control reported a revenue of 534 million CNY, reflecting a year-on-year growth of 40.99% [2] - The net profit attributable to shareholders for the same period was 196 million CNY, marking a year-on-year increase of 74.04% [2] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 10.56% to 7,015 [2] - The average number of circulating shares per shareholder increased by 11.88% to 19,320 shares [2] - The company has distributed a total of 5.65 billion CNY in dividends since its A-share listing, with 336 million CNY distributed in the last three years [3] Group 4: Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited is the third-largest circulating shareholder, holding 8.8441 million shares, an increase of 4.0441 million shares from the previous period [3] - The Jiashi Shanghai Stock Exchange Science and Technology Innovation Board Chip ETF is the seventh-largest circulating shareholder, holding 1.9275 million shares, an increase of 0.1696 million shares [3] - The Yifangda Active Growth Mixed Fund is the ninth-largest circulating shareholder, holding 1.6388 million shares as a new shareholder [3]

Core Viewpoint - The semiconductor equipment and materials sector is experiencing significant growth, with the Shanghai Composite Index surpassing 4000 points, driven by strong performance in semiconductor-related stocks [1][3]. Group 1: Market Performance - As of 11:15 AM, the semiconductor equipment ETF (561980), which has approximately 70% exposure to semiconductor equipment and materials, increased by 0.38% [3]. - Notable stocks such as Aisen Co. surged over 13%, while Jingrui Electric Materials and Shenkong Co. rose over 6%, and Huafeng Measurement Control increased by over 5% [3]. - The ETF has seen a net inflow of 1.283 billion yuan over the last 20 trading days [3]. Group 2: Technological Advancements - A significant breakthrough in photoresist technology by a Peking University team is expected to accelerate the domestic replacement in the "selling shovels" segment of the chip industry [3]. - This technological advancement has led to a strong performance in material stocks like Jingrui Electric Materials over the past two days [3]. Group 3: Financial Performance - Jingrui Electric Materials reported a net profit attributable to shareholders that increased by over 192 times year-on-year for the first three quarters [3]. - Other companies such as China Shipbuilding Gas, Shanghai HJ, Shenkong Co., and Aisen Co. also reported positive year-on-year growth in revenue and net profit for the same period [3]. Group 4: Industry Insights - According to Founder Securities, the current domestic advanced node wafer production capacity is insufficient to meet the rapidly growing demand for computing power, highlighting the urgent need to enhance the overall capacity and industrial support from equipment and manufacturing perspectives [3]. - The domestic semiconductor industry is focused on increasing the localization rate of computing power chips across the entire supply chain, from upstream equipment and materials to midstream semiconductor manufacturing and downstream advanced packaging [3]. - The current domestic semiconductor equipment localization rate remains low, indicating significant room for replacement and growth [3].

Core Insights - The semiconductor sector is experiencing a strong upward trend, with the Shanghai Stock Exchange Sci-Tech Innovation Board Semiconductor Materials and Equipment Theme Index (950125) rising by 4.57% as of October 24, 2025 [1] - Key stocks such as ShenGong Co., Ltd. (688233) and Zhongju Semiconductor (688549) saw significant increases of 13.82% and 12.96%, respectively [1] - The Ministry of Science and Technology emphasized the ongoing development of artificial intelligence (AI) and high-performance computing chips, which is expected to drive demand for computing power and storage chips [1] Industry Summary - The Sci-Tech Innovation Board Semiconductor Materials and Equipment Theme Index includes companies involved in semiconductor materials and equipment, reflecting the overall performance of these listed companies [1] - The top ten weighted stocks in the index account for 74.36% of the total index, indicating a concentrated market structure [2] - The anticipated growth in AI investments by domestic internet companies is expected to contribute to an upward cycle in the storage chip industry [1]

Group 1: Institutional Research on Popular Companies - The top twenty companies with the highest number of institutional research visits in the past 30 days include Rongbai Technology, Jingzhida, Shouchuang Environmental Protection, World, and Jiufeng Energy [12] - In the last five days, the most researched companies were Dike Co., Jiuzhou Pharmaceutical, Aipeng Medical, Juzan Optoelectronics, and LiuGong [13] - Among the top twenty companies in the past 30 days, 11 had ten or more rating agencies, with Huafeng Measurement and Huichuan Technology expected to see significant growth in net profit for the first half of 2025 compared to 2024 [12] Group 2: Major Shareholder Increase in A-Share Companies - From October 13 to October 17, 2025, six A-share companies announced significant shareholder increases, with Luyin Investment and Beichen Industrial planning to increase their holdings by amounts exceeding 1% of the latest market value [17] - From January 1 to October 17, 2025, a total of 285 companies announced shareholder increases, with 81 having ten or more rating agencies, and 20 of these companies planning increases exceeding 1% of their latest market value [19] Group 3: A-Share Company Buyback Situation - From October 13 to October 17, 2025, 72 companies announced buyback progress, with 12 having ten or more rating agencies, and four companies expected to have buyback amounts exceeding 1% of their market value [24] - From January 1 to October 17, 2025, 1,768 companies announced buyback progress, with 383 having ten or more rating agencies, and 89 companies expected to have buyback amounts exceeding 1% of their market value [27]

Core Viewpoint - The company has achieved significant growth in its performance in the first half of 2025, driven by the recovery of the global semiconductor industry and strategic expansion into overseas markets [4][5][6]. Group 1: Financial Performance - The company reported a revenue of 534 million yuan in the first half of 2025, representing a year-on-year increase of 40.99% [4]. - The net profit attributable to the parent company reached 196 million yuan, with a year-on-year growth of 74.04% [4]. - The non-recurring net profit attributable to the parent company was 175 million yuan, reflecting a year-on-year increase of 37.66% [4]. Group 2: Industry Context - The global semiconductor industry showed signs of stabilization and recovery in the first half of 2025, which positively impacted the company's performance [5]. - The company's growth is supported by the national strategy to enhance the autonomy and control of the industrial chain [5]. Group 3: International Expansion - The company is actively expanding its overseas market presence, achieving a remarkable growth in overseas revenue, which reached 58 million yuan, up 141.71% year-on-year [6]. - The strategy includes strengthening partnerships in traditional markets such as Europe, Japan, South Korea, and Southeast Asia, while also exploring emerging markets like Vietnam and India [6]. - Investments in overseas market resources and the establishment of localized service systems have significantly enhanced the company's international competitiveness [6].