Financial Performance - The company reported a net loss attributable to shareholders of RMB 163.43 million, an increase of RMB 21.94 million compared to the previous year[4]. - The company's operating revenue for the first half of 2025 was ¥71,929,258.41, representing a decrease of 53.25% compared to the same period last year[25]. - The total profit for the reporting period was -¥200,946,473.53, indicating a continued loss[25]. - The net profit attributable to shareholders was -¥163,427,812.69, reflecting a worsening financial position compared to the previous year[25]. - The net cash flow from operating activities was -¥34,553,748.71, showing a significant improvement from -¥183,120,171.18 in the previous year[25]. - The total assets at the end of the reporting period were ¥4,254,071,963.23, a decrease of 10.98% from the previous year[25]. - The net assets attributable to shareholders decreased by 6.38% to ¥2,397,692,764.75[25]. - The company reported a basic earnings per share of -0.71 CNY for the first half of the year, compared to -0.61 CNY in the same period last year, indicating a decline[26]. - The weighted average return on equity decreased to -6.59%, down 1.83 percentage points from the previous year[26]. Market Conditions - The decline in performance is primarily due to a decrease in market demand for fuel cell products and a cautious marketing expansion strategy, leading to reduced sales volume[4]. - Future industry development may not meet expectations, leading to sustained market demand decline and intensified competition[4]. - The company has adopted a prudent marketing strategy considering its current liquidity situation, which has impacted sales performance[4]. - The company is experiencing high customer concentration risk, which may affect its independent sustainability if major customers face business challenges[88]. - The company anticipates a decline in gross margin due to increased competition and the rapid decrease in fuel cell costs and prices[89]. Research and Development - The company continues to focus on the development of hydrogen fuel cell technology, which is a key area of its business strategy[16]. - The research and development expenditure accounted for 35.41% of operating revenue, down from 50.45% in the same period last year[26]. - The company has established deep cooperation with major commercial vehicle manufacturers, including Yutong and BAIC Foton, for fuel cell systems[33]. - The company has undertaken several national high-tech research and development projects in the fuel cell field[33]. - The company has established a strong position in the fuel cell system R&D and commercialization, with independent core intellectual property rights and mass production capabilities[44]. - The company has accumulated 325 invention patents and 119 software copyrights, showcasing strong technical and R&D advantages[52]. - The company has made significant progress in the development of high-performance membrane electrodes, with an investment of $187.41 million and a cumulative investment of $823.69 million[70]. Financial Management - There is a risk of continued negative operating cash flow due to high accounts receivable and inventory, which may lead to insufficient working capital[5]. - The company is focusing on enhancing R&D capabilities, improving supply chain management, and increasing brand awareness to mitigate operational risks[85]. - The company has implemented strict risk control systems for investment, financing, and cash management[149]. - The company has confirmed no significant contractual breaches regarding outstanding debts and has not faced any unusual difficulties in obtaining bank loans[155]. - The company has established a compensation policy system based on legality, competitiveness, incentivization, and fairness to attract and retain talent[158]. Corporate Governance - The board of directors has confirmed the authenticity and completeness of the interim report[6]. - The report has not been audited, and the company emphasizes the importance of investment risk awareness for investors[8]. - The company emphasizes high standards of corporate governance to protect shareholder interests and enhance corporate value[127]. - The audit committee, consisting of three independent non-executive directors, regularly reviews and recommends improvements to the financial reporting processes and internal controls[125]. - The company maintains a separation of responsibilities between the chairman and the CEO to ensure effective strategic planning[127]. Shareholder Information - The company has no treasury shares as of the end of the reporting period[129]. - The largest shareholder, Zhang Guoqiang, holds 36,444,469 shares, accounting for 15.73% of the total shares[197]. - The number of ordinary shareholders as of the end of the reporting period is 14,356[194]. - The top ten unrestricted shareholders include Zhang Guoqiang with 36,444,469 shares and HKSCC Nominees Limited with 35,859,552 shares[199]. - The company has not disclosed any significant changes in the scope of consolidation beyond the newly included subsidiaries[124]. Operational Challenges - The company is in the early stages of R&D and industrialization, with limited debt financing capabilities, posing a risk if funding channels are not expanded[5]. - The company faces risks of significant performance decline due to decreased market demand in the fuel cell industry and a cautious marketing expansion strategy[86]. - The company acknowledges the potential for seasonal fluctuations in performance due to the cyclical nature of the fuel cell vehicle market[92]. - The company is at risk of negative operating cash flow due to high accounts receivable and inventory levels, which may lead to insufficient operating capital[95]. Investment and Capital Expenditure - The company has invested a total of $2.527 billion in the development of fuel cell stack series products, with a current investment of $578.22 million and cumulative investment of $1.713 billion[73]. - The company aims to achieve a significant reduction in production costs and operational costs through the development of a high-power, long-lifetime fuel cell engine system[69]. - The company has completed the architecture design for the megawatt fuel cell combined heat and power system, which includes key components such as high-efficiency injectors and supercritical humidification systems[72]. - The company has made commitments related to shareholding intentions and reduction intentions as of August 10, 2020, with a lock-up period of 24 months[170]. Social Responsibility - The company has actively participated in social responsibility initiatives, including donations to local schools to support talent cultivation and rural revitalization[168].

根据《上市公司重大资产重组管理办法》《公开发行证券的公司信息披露内容与格式准则第26号一一上 市公司重大资产重组》《上海证券交易所上市公司自律监管指引第6号一一重大资产重组》等相关规 定，公司对终止本次重大资产重组事项相关内幕信息知情人买卖公司股票的情况进行了自查，并取得了 中国证券登记结算有限责任公司出具的《信息披露义务人持股及股份变更查询证明》《股东股份变更明 细清单》以及相关内幕信息知情人出具的自查文件等，具体情况如下： 一、内幕信息知情人自查期间和自查范围 (一)内幕信息知情人自查期间 登录新浪财经APP 搜索【信披】查看更多考评等级 ■ 北京亿华通科技股份有限公司 关于终止重大资产重组事项相关内幕信息知情人买卖股票情况的自查报告的公告 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。 北京亿华通科技股份有限公司（以下简称"上市公司"或"公司"）于2025年9月5日召开第四届董事会第三 次会议审议通过了《关于终止发行股份购买资产并募集配套资金暨关联交易事项的议案》，同意公司终 止发行股份购买资产并募集配套资金暨关联交 ...

北京德恒律师事务所 关于北京亿华通科技股份有限公司 终止重大资产重组事项 相关内幕信息知情人自查期间内买卖股票情况 的自查报告的专项核查意见 。北京德恒律师事务所 DeHeng Law Offices 北京市西城区金融街 19 号富凯大厦 B 座 12 层 电话：010-52682888 传真：010-52682999 邮编：100033 北京德恒律师事务所 关于北京亿华通科技股份有限公司终止重大资产重组事项相关内 幕信息知情人自查期间内买卖股票情况的自查报告的专项核查意见 北京德恒律师事务所 关于北京亿华通科技股份有限公司 终止重大资产重组事项 相关内幕信息知情人自查期间内买卖股票情况 的自查报告的专项核查意见 德恒 01F20250249-00001 号 致: 北京亿华通科技股份有限公司 根据北京德恒律师事务所(以下简称"德恒"或"本所")与北京亿华通科 技股份有限公司(以下简称"亿华通"或"上市公司")签订的《专项法律服务 协议》,本所接受亿华通的委托,担任亿华通发行股份购买旭阳集团有限公司持 有的定州旭阳氢能有限公司 100%股权并募集配套资金（以下简称"本次重组" 或"本次交易"）事宜的专项法律顾问 ...

证券代码：688339 证券简称：亿华通 公告编号：2025-047 北京亿华通科技股份有限公司 关于终止重大资产重组事项相关内幕信息知情人买卖股票 情况的自查报告的公告 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)相关机构买卖上市公司股票的情况 自查期间内，本次交易核查范围内的相关机构不存在买卖公司股票的情况。 (二)自然人买卖上市公司股票的情况 北京亿华通科技股份有限公司（以下简称"上市公司"或"公司"）于 2025 年 9 月 5 日召开第四届董事会第三次会议审议通过了《关于终止发行股份购买 资产并募集配套资金暨关联交易事项的议案》，同意公司终止发行股份购买资产 并募集配套资金暨关联交易事项，并授权公司管理层办理本次终止相关事宜，具 体内容详见公司在上海证券交易所网站（www.sse.com.cn）披露的《北京亿华 通科技股份有限公司关于终止发行股份购买资产并募集配套资金暨关联交易事 项的公告》（公告编号：2025-045）。 根据《上市公司重大资产重组管理办法》《公开发行证券的公司信息披露内 容与格式准则 ...

Core Viewpoint - The announcement from Hebei Public Resources Trading Service Platform highlights the EPC general contracting tender for the hydrogen production part of the Zhangjiakou "Wind-Hydrogen Integration Source Network Load Storage Comprehensive Demonstration Project (Phase I)" led by Hebei Guochuang Hydrogen Energy Technology Co., Ltd, indicating a significant step in the development of green hydrogen production in China [1][2]. Group 1: Project Overview - The project includes the construction of a hydrogen production system with a capacity of 16,000 Nm3/h, a hydrogen storage system of 8,000 Nm3, and a 40 MW hydrogen fuel cell power generation system [1]. - The project aims to enhance hydrogen production technology and contribute to the overall technological advancement of the hydrogen production industry in China [1]. Group 2: Strategic Implications - The project is expected to provide a replicable model for large-scale hydrogen storage projects, covering aspects such as technology selection, project planning, construction management, and operation maintenance [2]. - As the main implementing entity, the company behind the project, Yihua Tong, is likely to enhance its brand influence and solidify its position as a leader in the hydrogen energy sector [2].

Core Insights - The Zhangjiakou Wind-Hydrogen Integration Source Network Load Storage Comprehensive Demonstration Project (Phase I) has initiated the EPC general contracting bidding for its hydrogen production segment, marking it as Hebei Province's first large-scale wind-hydrogen integration project [1] - The project aims to reduce green hydrogen production costs and promote the large-scale application of fuel cell vehicles through renewable energy off-grid hydrogen production [1][2] - The project leverages Zhangjiakou's abundant wind energy resources and employs a "wind-hydrogen integration" model to directly use wind power for water electrolysis, which is expected to significantly lower electricity costs in the hydrogen production process [1] Industry Developments - The cost of fuel cell systems has significantly decreased in recent years, supported by national and local policy incentives, bringing the purchase cost of fuel cell vehicles closer to market promotion thresholds [1] - However, high hydrogen supply costs, particularly for green hydrogen, remain a critical bottleneck for the large-scale development of the industry [1] - The project is expected to reduce the green electricity hydrogen production cost to below 18 yuan/kg upon reaching full production capacity, providing strong support for the large-scale promotion of fuel cell vehicles and establishing a sustainable and replicable economic development model for China's hydrogen energy industry [2]

Core Viewpoint - The article discusses the development of a hydrogen energy project in Zhangjiakou, Hebei, which aims to enhance hydrogen production technology and promote the cost reduction of green hydrogen, thereby accelerating the growth of the hydrogen energy industry [3][4]. Group 1: Project Overview - The project involves the construction of a hydrogen production system with a capacity of 16,000 Nm³/h, a hydrogen storage system of 8,000 Nm³, and a 40 MW hydrogen fuel cell power generation system [3]. - The project is initiated by Hebei Guochuang Hydrogen Energy Technology Co., Ltd., which is an investment enterprise of Beijing Yihuatong Technology Co., Ltd. [3]. Group 2: Technological Advancements - The implementation of the project will require four alkaline electrolyzers with a capacity of 3,200 Nm³/h and two with a capacity of 1,600 Nm³/h, which is expected to drive advancements in domestic hydrogen production technology [3]. - The green hydrogen production model established by this project will provide a reference for achieving cost parity in domestic green hydrogen production [3]. Group 3: Storage and Replicability - The project will utilize a hydrogen storage system that can serve as a demonstration for future large-scale hydrogen storage projects, offering replicable experiences in technology selection, project planning, construction management, and operation maintenance [4]. Group 4: Brand Influence and Market Position - As the main implementer of the project, Yihuatong's influence in the hydrogen energy sector is expected to increase, establishing a new chain of renewable energy, green hydrogen, and low-carbon applications [4]. - The project explores a dual-driven model of green electricity and green hydrogen, which will help Yihuatong solidify its leading position in the domestic hydrogen energy industry [4].

Group 1 - The project involves the construction of a hydrogen production system with a capacity of 16,000 Nm3/h, a hydrogen storage system of 8,000 Nm3, and a 40 MW hydrogen fuel cell power generation system [1][2] - Hebei Guochuang Hydrogen Energy Technology Co., Ltd. is the project owner, and it is an investment enterprise of Beijing Yihuatong Technology Co., Ltd., indicating a strategic alignment in developing a hydrogen energy industrial ecosystem in Zhangjiakou [1][2] - The project aims to enhance domestic hydrogen production technology and provide a reference for the cost reduction of green hydrogen, promoting its application in transportation, industry, and energy sectors [1][2] Group 2 - The hydrogen storage system will serve as a demonstration project, offering valuable experience for future large-scale hydrogen storage projects, including aspects like technology selection and project management [2] - The project establishes a new chain linking renewable energy, green hydrogen, and low-carbon applications, exploring a dual-driven model of green electricity and green hydrogen for economic development [2] - Yihuatong's influence in the hydrogen energy industry is expected to increase, helping to solidify its leading position in the domestic market [2]

香港联交所最新资料显示，9月22日，亿华通(02402)股东将股票由香港上海汇丰银行转入港股通(沪)， 转仓市值1.47亿港元，占比15.93%。 亿华通近期发布公告称，终止发行股份购买旭阳氢能的100%股权并募集配套资金事项，终止交易的原 因是由于交易相关方未能就最终方案达成一致意见。根据此前公告，旭阳集团拟以旭阳氢能的全部股权 换取亿华通A股股份。 ...

智通财经APP获悉，香港联交所最新资料显示，9月22日，亿华通(02402)股东将股票由香港上海汇丰银 行转入港股通(沪)，转仓市值1.47亿港元，占比15.93%。 亿华通近期发布公告称，终止发行股份购买旭阳氢能的100%股权并募集配套资金事项，终止交易的原 因是由于交易相关方未能就最终方案达成一致意见。根据此前公告，旭阳集团拟以旭阳氢能的全部股权 换取亿华通A股股份。 ...