Core Insights - Shenzhen Tiande Yu Technology Co., Ltd. reported a significant increase in revenue and profit for the first half of 2025, with operating income reaching 1.208 billion yuan, a year-on-year growth of 43.35%, and a net profit attributable to shareholders of 152 million yuan, up 50.89% [1] - The company's growth is primarily driven by its deep engagement and innovation in the display driver chip sector, particularly in wearable devices, tablets, high-refresh-rate mobile phone display driver chips, and electronic price tag driver chips [1] Financial Performance - Operating income for the first half of 2025 was 1.208 billion yuan, reflecting a 43.35% increase compared to the previous year [1] - Net profit attributable to shareholders reached 152 million yuan, marking a 50.89% year-on-year growth [1] - The net profit after deducting non-recurring items was 146 million yuan, with a year-on-year increase of 73.56% [1] Product and Market Development - The electronic price tag product line achieved rapid revenue growth due to its global first-mover advantage and breakthroughs in narrow-border GIP architecture technology [1] - The company has successfully expanded its electronic price tag applications to innovative scenarios such as mobile phone back covers [1] - Audio coil motor driver chips are widely used in major mobile phone brands like Samsung, OPPO, and vivo, with long-term partnerships established with several module manufacturers [1] Research and Development - Research and development investment reached 99.0514 million yuan, a year-on-year increase of 25.77%, accounting for 8.2% of operating income [1] - The company is intensifying R&D efforts in smart mobile terminal display driver chips, camera audio coil motor driver chips, fast charging protocol chips, and electronic price tag driver chips [1] - Tiande Yu has pioneered the mass production of re-writable four-color electronic paper driver ICs, positioning itself for future growth in the smart retail and IoT markets [1]

Company Overview - Shenzhen Tiande Yu Technology Co., Ltd. is listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board with the stock code 688252 [2] - The company reported total assets of approximately 2.76 billion RMB at the end of the reporting period, reflecting a 7.27% increase from the previous year [3] Financial Performance - The company achieved operating revenue of approximately 1.21 billion RMB, marking a 43.35% increase compared to the same period last year [3] - Total profit for the period was approximately 164.53 million RMB, representing a 53.79% increase year-on-year [3] - The net profit attributable to shareholders, after deducting non-recurring gains and losses, was approximately 146.04 million RMB, which is a 73.56% increase from the previous year [3] Shareholder Information - As of the end of the reporting period, the total number of shareholders was 13,638 [4] - The largest shareholder, Hengfeng Co., Ltd., holds 54.57% of the shares, amounting to approximately 223.22 million shares [4][5] - Other notable shareholders include Ningbo Qunzhi Optoelectronics Co., Ltd. with 7.48% and Corich LP with 5.52% [4][5]

Core Viewpoint - The company intends to conduct foreign exchange hedging activities to mitigate the risks associated with currency fluctuations, primarily due to its overseas procurement and sales operations, which predominantly use USD as the settlement currency [1][2]. Summary by Sections 1. Overview of Foreign Exchange Hedging Activities - The purpose of the foreign exchange hedging activities is to effectively avoid and prevent the impact of exchange rate fluctuations on the company's operating performance, thereby improving the efficiency of foreign exchange fund utilization and reasonably reducing financial costs [1]. - The total amount for the proposed foreign exchange hedging activities will not exceed 50 million USD or its equivalent in other currencies, with the ability to roll over this amount within the authorized period [1]. 2. Funding Sources and Transaction Methods - The funding for the foreign exchange hedging activities will come from the company's own funds [2]. - The company plans to engage with large commercial banks or financial institutions with legal qualifications and high credit ratings for the hedging activities, including forward foreign exchange sales and foreign exchange swap transactions [2]. 3. Authorization and Duration - The board of directors has authorized the management to conduct foreign exchange hedging activities for a period of 12 months from the date of approval, with the total foreign currency amount not exceeding 50 million USD [2][4]. 4. Risk Analysis and Control Measures - The foreign exchange hedging activities are designed to lock in exchange rate risks and avoid speculative trading. However, there are inherent risks, including market judgment risks and operational risks due to potential misjudgment of exchange rate trends [3]. - The company has established a risk control framework, including training for personnel, timely reporting of unusual situations, and strict adherence to internal procedures to mitigate operational risks [3][4]. 5. Impact and Accounting Treatment - The foreign exchange hedging activities are expected to enhance the company's operational stability by preventing adverse effects from significant exchange rate fluctuations on its performance and shareholder equity [4]. - The company will follow relevant accounting standards for the financial reporting of the hedging activities [4]. 6. Review Procedures - The board of directors has reviewed and approved the proposal for foreign exchange hedging activities, ensuring compliance with legal regulations and protecting the interests of the company and its shareholders [5]. 7. Sponsor's Verification Opinion - The sponsor believes that the foreign exchange hedging activities are necessary for risk mitigation and that the company has developed a management system and risk response measures that are effective [5][6].

Meeting Information - The first extraordinary general meeting of shareholders for 2025 will be held on September 17, 2025, at 14:00 [1] - The meeting will take place at Feiyada Technology Building, Room 901, No. 002, Gaoxin South 1st Road, Nanshan District, Shenzhen, Guangdong Province [1] - Voting will be conducted through a combination of on-site and online methods [1] Voting Procedures - The online voting system will be the Shanghai Stock Exchange's shareholder meeting online voting system [2] - Voting will be available from 9:15 to 15:00 on the day of the meeting [1][2] - Shareholders must complete identity verification to vote online for the first time [4] Shareholder Participation - Only shareholders registered with China Securities Depository and Clearing Corporation Limited as of September 11, 2025, are eligible to attend [4] - Shareholders can appoint proxies to attend and vote on their behalf [4] - Registration for attendance must be completed by September 15, 2025, with specific documentation required [5] Meeting Agenda - The meeting will review and vote on non-cumulative voting proposals that were approved by the company's board on August 25, 2025 [2] - No related shareholders are required to abstain from voting [2] Additional Information - Shareholders attending the meeting will bear their own travel and accommodation expenses [5] - Contact information for the meeting is provided for inquiries [7]

Core Insights - The company reported a significant increase in revenue and net profit for the first half of 2025, with revenue reaching 1.208 billion yuan, a year-on-year growth of 43.35%, and net profit attributable to shareholders at 152 million yuan, up 50.89% [2] - The growth was primarily driven by the wearable and tablet product segments, alongside a continuous increase in industrial control products, indicating a diversification in application scenarios for display driver products [2] - The company has made substantial investments in R&D, amounting to 99.0514 million yuan, which is a 25.77% increase compared to the same period last year, ensuring ongoing technological innovation and product upgrades [2] Product Lines and Market Position - The company has four main product lines: smart mobile terminal display driver chips, camera voice coil motor driver chips, fast charging protocol chips, and electronic price tag driver chips [3] - New product developments include full HD display touch products for mobile phones and tablets, as well as high-resolution wearable products, enhancing market share and expanding into new markets and customers [3] - The company has pioneered the mass production of a full series of electronic paper driver ICs with multiple read-write memory capabilities, targeting the smart retail and IoT application markets [3] Technological Advancements - The self-developed "APID algorithm" enhances camera focus stability and speed, showcasing industry-leading performance in motor fault tolerance and focus precision [3] - The company's voice coil motor driver chips are widely used in major smartphone brands such as Samsung, Oppo, and Vivo, establishing long-term partnerships with leading module manufacturers in the industry [3]

Group 1 - The company Tian De Yu (688252.SH) announced that the total amount of oversubscribed funds is 405.235 million yuan [1] - The amount intended for permanent replenishment of working capital is 120 million yuan, accounting for 29.61% of the total oversubscribed funds [1]

Core Insights - The company Tian De Yu (688252.SH) reported a significant increase in revenue and net profit for the first half of 2025, indicating strong financial performance [1] Financial Performance - The company achieved an operating revenue of 1.208 billion yuan, representing a year-on-year growth of 43.35% [1] - The net profit attributable to shareholders of the listed company was 152 million yuan, showing a year-on-year increase of 50.89% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 146 million yuan, reflecting a year-on-year growth of 73.56% [1] - The basic earnings per share were reported at 0.38 yuan [1]

证券代码：688252 证券简称：天德钰 公告编号：2025-035 深圳天德钰科技股份有限公司 关于开展外汇套期保值业务的公告 公司拟开展的外汇套期保值业务资金额度不超过 5000 万美元或等值外币， 在授权有效期内，该额度可循环滚动使用，任一时点的交易金额（含前述交易的 收益进行再交易的相关金额）不超过上述额度。 （三）资金来源 公司拟开展外汇套期保值业务的资金来源为自有资金。 （四）交易方式 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、 外汇套期保值业务情况概述 （一）开展外汇套期保值业务的目的 公司存在境外采购与销售业务，结算币种主要采用美元。当汇率出现较大波 动时，汇兑损益会对公司的经营业绩造成一定影响。为有效规避和防范汇率波动 风险，提高外汇资金使用效率，合理降低财务费用，公司拟开展外汇套期保值业 务。外汇套期保值业务以正常生产经营为基础，以规避和防范汇率风险为目的， 不进行单纯以盈利为目的的投机和套利交易。 交易目的：深圳天德钰科技股份有限公司（以下简称"公司"）存在境外采 购与销售， ...

证券代码：688252 证券简称：天德钰 公告编号：2025-033 深圳天德钰科技股份有限公司 关于使用部分超募资金永久补充流动资金的公告 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。 一、募集资金的基本情况 经中国证券监督管理委员会于 2022 年 7 月 14 日出具的《关于同意深圳天德钰科 技股份有限公司首次公开发行股票注册的批复》（证监许可〔2022〕1500 号）同意公 司首次向社会公众公开发行人民币普通股（A 股）4,055.56 万股，发行价格为 21.68 元/股，募集资金总额为人民币 87,924.54 万元，扣除发行费用后，实际募集资金净额 为人民币 78,400.53 万元。其中超募资金 40,523.50 万元。上述募集资金已于 2022 年 9 月 22 日到位。毕马威华振会计师事务所（特殊普通合伙）对本次发行募集资金的到 账情况进行了审验，并出具了《验资报告》（毕马威华振验字[2022]第 2201379 号）。 公司依照规定对募集资金采取了专户存储管理，并由公司与保荐机构、募集资金专户 监 ...

证券代码：688252 证券简称：天德钰 公告编号：2025-032 深圳天德钰科技股份有限公司 2025 年半年度募集资金存放与实际使用情况的专项报告 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。 一、 募集资金基本情况 根据中国证券监督管理委员会 2022 年 7 月 14 日出具的《关于同意深圳天德钰科技 股份有限公司首次公开发行股票注册的批复》（证监许可〔2022〕1500 号），深圳天 德钰科技股份有限公司（以下简称"本公司"）首次公开发行人民币普通股（A 股） 40,555,600 股，每股面值人民币 1.00 元，每股发行价人民币 21.68 元，募集资金总额为 人民币 879,245,408.00 元，扣除与募集资金相关的发行费用共计人民币 95,240,125.11 元（不含增值税）后，实际募集资金净额为人民币 784,005,282.89 元。 上述募集资金于 2022 年 9 月 22 日到账，毕马威华振会计师事务所(特殊普通合伙) 对本公司首次公开发行股票的资金到位情况进行了审验，并出具了毕马威华振 ...