Core Viewpoint - The report highlights the financial performance and operational challenges faced by Jiuquan Optoelectronics Technology (Shanghai) Co., Ltd. in the first half of 2025, including a significant decline in revenue and profit due to market pressures and increased R&D investments in response to industry demands [4][10]. Company Overview and Financial Indicators - Jiuquan Optoelectronics is engaged in the research, design, and sales of chips for smart grid terminal devices, classified under the integrated circuit design industry [3][10]. - The company reported a revenue of approximately 272 million yuan, a decrease of 11.39% compared to the same period last year [4]. - The total profit for the period was approximately 29.83 million yuan, down 43.90% year-on-year, with a net profit attributable to shareholders of about 37.49 million yuan, reflecting a 33.34% decline [4][10]. Industry Context - The integrated circuit industry in China is undergoing a transformation, with a focus on domestic innovation and the development of strategic industries, particularly in response to external pressures and market demands [10]. - The smart grid market is experiencing rapid growth driven by policy support and technological advancements, with significant demand for smart meters expected to continue through 2026 [10][11]. Main Business and Product Lines - The company specializes in core chip solutions for smart grid applications, including energy metering chips, smart meter MCU chips, and communication chips, which are widely used in smart grid, industrial control, and renewable energy sectors [10][11]. - The product lineup includes three-phase and single-phase energy metering chips, smart meter MCUs, and various communication chips, all designed to meet the specific needs of the smart grid market [10][11]. Research and Development Focus - The company has increased its R&D investment to 90.76 million yuan, a year-on-year increase of 7.77%, emphasizing its commitment to innovation and maintaining a competitive edge in the market [10][11]. - The R&D team comprises 79.30% of the total workforce, reflecting the company's focus on technological advancement and product development [10][11]. Operational Strategy - The company operates under a Fabless model, outsourcing manufacturing and packaging while focusing on chip design and sales [8][9]. - It has established rigorous management processes for product development, ensuring effective control over the entire R&D process [8][9].

Core Viewpoint - The financial performance of Jiuquan Optoelectronics Technology (Shanghai) Co., Ltd. for the first half of 2025 shows a decline in revenue and net profit compared to the previous year, indicating potential challenges in the company's operations and market conditions [1]. Financial Summary - Total assets at the end of the reporting period amounted to CNY 2,038.61 million, reflecting a 1.09% increase from CNY 2,016.68 million at the end of the previous year [1]. - The net assets attributable to shareholders decreased by 1.02%, from CNY 1,868.04 million to CNY 1,848.98 million [1]. - Operating revenue for the reporting period was CNY 272.08 million, down 11.39% from CNY 307.05 million in the same period last year [1]. - Total profit decreased by 43.90%, from CNY 53.16 million to CNY 29.83 million [1]. - Net profit attributable to shareholders fell by 33.34%, from CNY 56.23 million to CNY 37.49 million [1]. - The net cash flow from operating activities was negative at CNY -72.72 million, a significant decline from CNY 55.36 million in the previous year, representing a 231.36% decrease [1]. - The weighted average return on net assets decreased by 0.81 percentage points, from 2.79% to 1.98% [1]. - Basic earnings per share decreased by 30.50%, from CNY 0.4699 to CNY 0.3266 [1]. - Diluted earnings per share also decreased by 30.62%, from CNY 0.4689 to CNY 0.3253 [1]. R&D Investment - The proportion of R&D investment to operating revenue increased by 5.93 percentage points, from 27.43% to 33.36% [2]. Shareholder Information - As of the end of the reporting period, the total number of shareholders was 6,774 [2]. - The largest shareholder, Jiuquan Technology (Hong Kong) Limited, holds 17.54% of the shares, followed by Dongsheng Investment Limited with 10.83% [2]. Important Matters - The company is required to disclose significant changes in its operational situation during the reporting period and any matters that may have a substantial impact on its operations in the future [2].

Core Points - The company held its sixth board meeting on August 28, 2025, where several key resolutions were passed regarding financial and operational reports for Q2 2025 [1][2][3] Financial Reports - The board approved the financial report for Q2 2025 with a unanimous vote of 7 in favor [1] - The operational report for Q2 2025 was also approved with the same voting outcome [1] Internal Audit and Compliance - The internal audit report for Q2 2025 was reviewed and deemed to align with the company's actual operations, confirming effective internal control systems [2] - The board affirmed that the half-year report for 2025 accurately reflects the company's financial status and operational results, ensuring compliance with legal requirements [2] Fund Management - The board approved a special report on the management and actual use of raised funds for the first half of 2025, confirming compliance with relevant laws and regulations [3] - The company has maintained dedicated accounts for raised funds and has not misused them, ensuring transparency in fund usage [3] Stock Incentive Plans - Adjustments to the restricted stock incentive plan for 2023 and 2024 were approved, with the board confirming that the adjustments are in accordance with relevant regulations [4] - The first vesting period of the reserved portion of the 2024 restricted stock incentive plan was confirmed to meet the vesting conditions [5] Capital Changes - The board approved changes to the registered capital and amendments to the company's articles of association, reflecting an increase in total shares from 114,585,900 to 115,181,560 [6]

Core Points - The company held its sixth supervisory board meeting on August 28, 2025, where all resolutions were passed unanimously by the three attending supervisors [1][2][3] Financial Reports - The supervisory board approved the financial report for Q2 2025, stating that it accurately reflects the company's financial status and operational results [1][2] - The internal audit report for Q2 2025 was also approved, confirming that the company maintained effective internal control systems [2] Half-Year Report - The supervisory board approved the half-year report for 2025, ensuring compliance with legal regulations and confirming the accuracy and completeness of the disclosed information [2][3] Fund Usage - The board approved a special report on the storage and actual use of raised funds for the first half of 2025, confirming compliance with relevant laws and regulations [2][3] Stock Incentive Plans - The supervisory board approved adjustments to the restricted stock incentive plan based on previous shareholder meetings, confirming that the adjustments do not harm the interests of the company or its shareholders [2][3][4] - The board also approved the first vesting period of the 2024 restricted stock incentive plan, confirming that the conditions for vesting have been met [4]

Core Points - The Supervisory Board of Jiuquan Optoelectronics Technology (Shanghai) Co., Ltd. has verified the first vesting list of the reserved first grant under the 2024 restricted stock incentive plan [1] - A total of 15 individuals were identified as incentive objects, with 14 meeting the eligibility criteria after one individual lost qualification due to resignation [1][2] - The total number of restricted shares that can be vested for the eligible 14 individuals is 42,340 shares, which complies with relevant laws and regulations [2]

证券代码：688391 证券简称：钜泉科技 公告编号：2025-033 钜泉光电科技（上海）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。 根据中国证券监督管理委员会《上市公司募集资金监管规则》、《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》的相关规定，钜泉光电科技 （上海）股份有限公司（以下简称"本公司"或"公司"）就 2025 年半年度募集资 金存放与实际使用情况作如下专项报告： 一、募集资金基本情况 经中国证券监督管理委员会证监许可[2022]1523 号文《关于同意钜泉光电科技 （上海）股份有限公司首次公开发行股票注册的批复》核准，由主承销商国金证券 股份有限公司采用向战略投资者定向配售、网下向符合条件的网下投资者询价配售 与网上向持有上海市场非限售 A 股股份和非限售存托凭证市值的社会公众投资者定 价发行相结合的方式，公开发行人民币普通股股票 1,440.00 万股，每股发行价格为 人民币 115.00 元。截至 2022 ...

钜泉光电科技（上海）股份有限公司 关于变更注册资本、修订《公司章程》并办理工商变更登记 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。 钜泉光电科技（上海）股份有限公司（以下简称"公司"）于 2025 年 8 月 28 日召开第六届董事会第二次会议，审议通过了《关于变更注册资本、修订<公司章 程>并办理工商变更登记的议案》。鉴于公司 2024 年限制性股票激励计划首次授予 以及预留第一次授予部分符合股票归属条件，其中首次授予部分第一批次归属共 计 553,320 股，已于 2025 年 5 月 12 日登记完成；预留第一次授予部分第一批次归 属共计 42,340 股，即将办理股份登记手续。本次股份归属办理完成后，公司总股 本由 114,585,900 股变更为 115,181,560 股；公司注册资本由人民币 11,458.59 万元 变更为人民币 11,518.156 万元。同时对《公司章程》部分条款进行修订，具体如 下： | | | | | 修订前 | | | | | | | | | 修订后 | | | | | ...

钜泉光电科技（上海）股份有限公司 2025 年度"提质增效重回报"行动方案的半年度评估报告 钜泉光电科技（上海）股份有限公司为践行"以投资者为本"的上市公司发展 理念，贯彻落实关于开展科创板上市公司"提质增效重回报"专项行动的倡议，维 护公司全体股东利益，公司于 2025 年 4 月 17 日发布《2025 年度"提质增效重回报" 行动方案》（以下简称"行动方案"），为公司 2025 年度提质增效重回报行动明确 了工作方向。公司根据行动方案内容，积极开展和落实各项工作，2025 年上半年行 动方案主要举措的落实（进展）及成效情况具体如下： 一、聚焦主营业务发展，持续提升核心竞争力 公司紧密围绕 2025 年度经营目标，主动应对复杂多变的市场环境，持续强化技 术创新和产品研发力度。在稳固现有市场份额的同时，积极推进新产品开发，巩固 了在细分行业的领先优势。同时，公司敏锐把握市场机遇，大力开拓新兴领域增量 市场，通过多措并举不断提升经营质量，推动公司实现高质量发展。 1、持续加大研发投入，驱动产品迭代升级 作为国内领先的智能电表核心芯片设计企业，公司始终将技术创新作为发展的 核心驱动力，持续深耕电能计量芯片、智能 ...

证券代码：688391 证券简称：钜泉科技 公告编号：2025-032 钜泉光电科技（上海）股份有限公司 第六届监事会第二次会议决议公告 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。 钜泉光电科技（上海）股份有限公司（以下简称"公司"）第六届监事会第 二次会议于 2025 年 8 月 28 日在公司会议室以现场及通讯相结合的方式召开。公 司已提前 10 日以书面、电子邮件或邮寄方式向全体监事发出召开本次会议通知。 本次会议由监事会主席郭俊仁先生主持，会议应到监事 3 名，实际出席监事 3 名， 会议的召集和召开程序符合《中华人民共和国公司法》和《钜泉光电科技（上海） 股份有限公司章程》的有关规定，与会监事审议并通过如下决议： 一、审议通过《关于公司 2025 年 4-6 月财务报告的议案》 经审议，公司监事会认为：公司 2025 年 4-6 月财务报告中各项指标公允、全 面、真实地反映了公司 2025 年 4-6 月的财务状况和经营成果。 表决结果：同意 3 票、反对 0 票、弃权 0 票。 二、审议通过《关于公司 20 ...

证券代码：688391 证券简称：钜泉科技 公告编号：2025-031 钜泉光电科技（上海）股份有限公司 第六届董事会第二次会议决议公告 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。 钜泉光电科技（上海）股份有限公司（以下简称"公司"）第六届董事会第二 次会议于 2025 年 8 月 28 日在公司会议室以现场及通讯相结合的方式召开。本次会 议通知已提前 10 日通过书面、电子邮件或邮寄方式送达至各位董事。会议应到董事 7 名，实际出席董事 7 名，会议由公司董事长杨士聪先生召集并主持。会议的召集和 召开程序符合《中华人民共和国公司法》和《钜泉光电科技（上海）股份有限公司 章程》的有关规定，与会董事审议并通过如下决议： 一、审议通过《关于公司 2025 年 4-6 月财务报告的议案》 本议案已经第六届董事会审计委员会第二次会议审议通过。 表决结果：同意 7 票、反对 0 票、弃权 0 票。 二、审议通过《关于公司 2025 年 4-6 月营运报告的议案》 表决结果：同意 7 票、反对 0 票、弃权 0 票。 三、审议通过 ...