证券代码：688252 证券简称：天德钰 公告编号：2025-038 二、说明会召开的时间、地点 （一）会议召开时间：2025年9月26日（星期五）上午9:00-10:00 （二）会议召开地点：上海证券报•中国证券网 深圳天德钰科技股份有限公司 关于召开2025年半年度业绩说明会的公告 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： 一、说明会类型 深圳天德钰科技股份有限公司（以下简称"公司"）已于2025年8月26日披露 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26日上午9:00-10:00以网络文字互动方式召开 2025年半年度业绩说明会，就投资者关心的问题进行交流。 （一）投资者可在2025年9月26日（星期五）上午9:00-10:00，通过互联网登录 上海证券报•中国证券网（https://roadshow.cnstock.com/），在线参与本次业绩 说明会，公司将及时回答投资者的提问。 （二）投资者可于2025年9月 ...

证券代码：688252 证券简称：天德钰 公告编号：2025-037 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： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东会召开的时间：2025 年 9 月 17 日 （二） 股东会召开的地点：深圳市南山区粤海街道高新区社区高新南一道 002 号飞亚达科技大厦 901。 深圳天德钰科技股份有限公司 2025年第一次临时股东会决议公告 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： （五） 公司董事和董事会秘书的出席情况 二、 议案审议情况 （一） 非累积投票议案 1、 议案名称：关于使用部分超募资金永久补充流动资金的议案 审议结果：通过 表决情况： | 股东类型 | 同意 | | 反对 | | 弃权 | | | --- | --- | --- | --- | --- | --- | --- | | | | | | 比例 | | 比例 | | | 票数 | 比例（%） | 票数 | （%） | 票数 ...

北京德恒（深圳）律师事务所 关于深圳天德钰科技股份有限公司 深圳市福田区金田路 4018 号安联大厦 B 座 11 层 电话:0755-88286488 传真:0755-88286499 邮编:518026 北京德恒(深圳)律师事务所 关于深圳天德钰科技股份有限公司 2025 年第一次临时股东会的法律意见 北京德恒（深圳）律师事务所 关于深圳天德钰科技股份有限公司 2025 年第一次临时股东会 的法律意见 德恒 06G20240482-00002 号 2025 年第一次临时股东会的 法律意见 北京德恒律师事务所 DeHeng Law Offices 致:深圳天德钰科技股份有限公司 深圳天德钰科技股份有限公司〈以下简称"公司"）2025 年第一次临时股 东会(以下简称"本次会议")于2025年9月17日(星期三)召开。北京德恒 (深圳)律师事务所(以下简称"德恒"或"本所")受公司委托,指派皇甫天 致律师、黄俐娜律师(以下简称"本所律师")出席了本次会议。根据《中华人 民共和国证券法》(以下简称"《证券法》"）、《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《上市公司股东会规则》（ ...

深圳天德钰科技股份有限公司 2025 年第一次临时股东会会议资料 证券代码：688252 证券简称：天德钰 深圳天德钰科技股份有限公司 2025 年第一次临时股东会会议资料 2025 年 9 月 深圳天德钰科技股份有限公司 2025 年第一次临时股东会会议资料 目录 | 2025 年第一次临时股东会会议须知 | 3 | | --- | --- | | 2025 年第一次临时股东会会议议程 | 5 | | 2025 年第一次临时股东会会议议案 | 7 | | | 关于使用部分超募资金永久补充流动资金的议案 7 | 深圳天德钰科技股份有限公司 2025 年第一次临时股东会会议资料 深圳天德钰科技股份有限公司 2025 年第一次临时股东会会议须知 为了维护全体股东的合法权益，确保股东会的正常秩序和议事效率，保证大 会的顺利进行，根据《中华人民共和国公司法》《中华人民共和国证券法》《上 市公司股东会规则》以及《深圳天德钰科技股份有限公司章程》《深圳天德钰科 技股份有限公司股东会议事规则》等相关规定，特制定深圳天德钰科技股份有限 公司（以下简称"公司"）2025年第一次临时股东会会议须知： 一、为确认出席会议的股东或其 ...

Group 1 - Chengdu Huamei, Yuanjie Technology, and Dongxin Co., Ltd. saw stock increases of over 10% [1] - Jiehuate, Tianyue Advanced, Minxin Co., Ltd., and Huafeng Measurement Control experienced stock rises of over 5% [1]

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected stock price increase of over 15% relative to the industry index in the next six months [5][19]. Core Insights - The company has demonstrated significant revenue growth in the first half of 2025, achieving a revenue of 1.208 billion yuan, a year-on-year increase of 43.35%, and a net profit of 152 million yuan, up 50.89% year-on-year [1][2]. - The growth is attributed to the strong performance of high-refresh-rate mobile display driver chips, increased shipments from brand clients in tablet display drivers, and a rise in market share for wearable display driver chips [2][4]. - The company is leading the global electronic price tag market, with a significant increase in market share and innovative product development, including a new four-color electronic paper driver IC [9]. Financial Performance Summary - Revenue projections show a steady increase from 1.209 billion yuan in 2023 to 4.475 billion yuan by 2027, with a compound annual growth rate (CAGR) of approximately 24% [1]. - Net profit is expected to grow from 113 million yuan in 2023 to 685 million yuan in 2027, reflecting a strong upward trend in profitability [1]. - The company's gross margin for the first half of 2025 was reported at 24.41%, an increase of 3.75 percentage points year-on-year, while the net margin was 12.61%, up 0.63 percentage points year-on-year [2]. Product Development and Market Position - The company is expanding its product matrix and increasing R&D investments to maintain technological leadership, with innovations in industrial control, wearable devices, and AMOLED technology [3]. - The electronic price tag market is projected to reach 15 billion yuan by 2025, with the company expected to maintain its leading position due to its early product launches and comprehensive market strategies [9].

Group 1: Automotive Industry Insights - The automotive industry is experiencing a significant shift towards intelligent driving technologies, with companies like HUAWEI and Horizon leading the way in advanced driver assistance systems [13][14]. - The penetration rate of L2 and above autonomous driving features in passenger vehicles reached 29.7% as of June 2025, reflecting a year-on-year increase of 13 percentage points [14]. - Investment recommendations include companies such as Xpeng Motors, Leap Motor, and Geely for complete vehicles, and suppliers like Suoteng Technology and Hesai Technology for components [15]. Group 2: Pharmaceutical Sector Developments - The pharmaceutical sector showed weaker performance compared to the overall market, with the biopharmaceutical segment rising only 1.05% [16]. - The World Lung Cancer Conference (WCLC) in September 2025 will showcase innovative research from Chinese pharmaceutical companies, highlighting the growing competitiveness of domestic products [16][17]. - Investment focus is recommended on companies presenting at major conferences like ESMO and WCLC, particularly those with promising clinical data [17]. Group 3: Mining and Metals Performance - Luoyang Molybdenum's net profit for H1 2025 increased by 60% to CNY 8.67 billion, driven by rising copper and cobalt prices alongside increased production [18][19]. - Zijin Mining reported a 54.41% year-on-year increase in net profit for H1 2025, attributed to a significant rise in gold production and prices [22][23]. - Cloud Aluminum's net profit for H1 2025 grew by 10%, with a strong performance in aluminum production and a proposed cash dividend of CNY 3.2 per share [20][21]. Group 4: Real Estate and Property Management - Poly Property's revenue for H1 2025 reached CNY 8.4 billion, with a net profit increase of 5%, indicating steady growth in property management services [31][32]. - Greentown China reported a significant decline in net profit by 89.7% for H1 2025, primarily due to uneven revenue recognition and asset impairment provisions [33][34]. - The company maintained a strong sales performance, with total sales area down only 10% compared to the industry average, reflecting resilience in a challenging market [34].

Investment Rating - The investment rating for the company is "Outperform the Market" [6] Core Views - The company achieved a record high revenue in Q2 2025, with a revenue of 1.208 billion yuan, representing a year-on-year growth of 43.35%, and a net profit attributable to the parent company of 152 million yuan, up 50.89% year-on-year [1] - The company is actively expanding into the industrial control and retail markets, leveraging its strong customer base and product lines, which include display driver chips and electronic shelf labels [2][3] - Due to the successful launch of new products, the forecast for net profit attributable to the parent company for 2025-2027 has been raised to 357 million, 424 million, and 496 million yuan respectively, with corresponding PE ratios of 33, 27, and 24 times [3] Financial Performance - In Q2 2025, the company reported revenue of 654 million yuan, a year-on-year increase of 31.43% and a quarter-on-quarter increase of 17.97% [1] - The gross profit margin improved by 3.7 percentage points to 24.41% in the first half of 2025, with R&D expenses increasing by 25.8% to 99 million yuan [1] - The company has a diversified product line that benefits from the trend of screen integration in consumer electronics, contributing to revenue growth [2] Customer Base and Market Expansion - The company has established a strong customer base, including major brands like Samsung, VIVO, and OPPO, and is expanding its presence in industrial control and retail sectors [3] - The electronic shelf label (ESL) chips have been adopted by several global retail giants, enhancing the company's market position [3]

Core Viewpoint - The financial report of Tiande Yu for the first half of 2025 shows significant growth in revenue and profit metrics, indicating strong operational performance and financial health. Financial Performance - The company's main revenue reached 1.208 billion yuan, a year-on-year increase of 43.35% [1] - The net profit attributable to shareholders was 152 million yuan, up 50.89% year-on-year [1] - The net profit excluding non-recurring items was 146 million yuan, reflecting a 73.56% increase year-on-year [1] - In Q2 2025, the single-quarter main revenue was 654 million yuan, a 31.43% increase year-on-year [1] - The single-quarter net profit attributable to shareholders was 81.81 million yuan, up 19.5% year-on-year [1] - The single-quarter net profit excluding non-recurring items was 79.47 million yuan, a 32.03% increase year-on-year [1] Profitability Metrics - The gross profit margin stood at 24.41%, an increase of 18.15% year-on-year [7] - The return on equity (ROE) was 6.78%, reflecting a year-on-year increase of 32.68% [7] - Earnings per share (EPS) reached 0.38 yuan, up 52.00% year-on-year [7] - The operating cash flow per share was 0.30 yuan [7] Shareholder Information - The largest circulating shareholder is Ningbo Qunzhi Optoelectronics Co., Ltd., holding 30.6 million shares, which is 16.78% of the total [11] - Other significant shareholders include Corich LP and Shanghai Moqin Intelligent Technology Co., Ltd. [11]

Core Viewpoint - The company Tian De Yu has shown significant revenue and profit growth in the first half of 2025, driven by the demand for its display driver chips and innovative products like electronic price tag driver chips [1]. Financial Performance - In the first half of 2025, Tian De Yu achieved operating revenue of 1.208 billion yuan, representing a year-on-year increase of 43.35% [1]. - The net profit attributable to shareholders was 152 million yuan, up 50.89% year-on-year [1]. - The non-recurring net profit reached 146 million yuan, reflecting a substantial growth of 73.56% compared to the previous year [1]. Market Activity - As of August 26, 2025, Tian De Yu's stock price was 28.45 yuan, down 0.87% from the previous trading day [1]. - The stock opened at 28.32 yuan, peaked at 28.78 yuan, and fell to a low of 28.00 yuan, with a trading volume of 103,470 hands and a total transaction value of 293 million yuan [1]. - On August 26, the net outflow of main funds was 254,000 yuan, while the net inflow over the past five days was 69.46 million yuan [2].