Core Viewpoint - Nanjing Gaohua Technology Co., Ltd. will hold a semi-annual performance briefing on September 17, 2025, to discuss its operating results and financial status for the first half of 2025, allowing investors to engage in interactive communication [1][2]. Group 1: Meeting Details - The performance briefing is scheduled for September 17, 2025, from 10:00 to 11:00 [2][3]. - The meeting will take place at the Shanghai Stock Exchange Roadshow Center and will be conducted in an online interactive format [2][3]. - Investors can submit questions from September 10 to September 16, 2025, through the Roadshow Center website or via the company's email [3]. Group 2: Participants - Key participants in the briefing will include Chairman and General Manager Li Weiping, Board Secretary Chen Xin, Chief Financial Officer Li Laiping, and Independent Director Huang Qing'an [2]. Group 3: Investor Participation - Investors can join the performance briefing online on the specified date and time, and the company will address common questions during the session [2][3]. - After the briefing, investors can access the meeting's details and main content through the Roadshow Center [3].

证券代码：688539 证券简称：高华科技 公告编号：2025-036 南京高华科技股份有限公司 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、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间：2025 年 09 月 17 日（星期三）10:00-11:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 09 月 10 日（星期三）至 09 月 16 日（星期二）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 ghzq@govagroup.com 进行提问。公司将在说明会上对投资者普遍关注的问题进 行回答。 二、说明会召开的时间、地点 （一）会议召开时间：2025 年 09 月 17 日（星期三）10:00-11:00 （二）会议召开地点：上证路演中心 （三）会议召开方式：上证路演中心网络互动 三、参 ...

Group 1 - The core point of the news is that Gaohua Technology (688539) has seen a net financing inflow of 334.59 million yuan on September 1, 2025, with a total financing balance of 1.56 billion yuan, indicating a positive market sentiment towards the stock [1][3]. - Over the past three trading days, Gaohua Technology has accumulated a total net financing inflow of 1.15542 million yuan, with 13 out of the last 20 trading days showing net financing inflows [1][2]. - The financing balance increased by 2.19% compared to the previous day, reflecting a strengthening of bullish sentiment in the market [3][4]. Group 2 - The financing balance on September 1, 2025, was 1.56 billion yuan, with a net inflow of 334.59 million yuan, which represents 4.42% of the circulating market value [2][4]. - The financing balance has shown a consistent upward trend, with previous days also reporting significant net inflows, such as 700.35 million yuan on August 29, 2025 [2][4]. - The increase in financing balance is indicative of a market environment where investors are more inclined to take long positions, as opposed to a more cautious or bearish outlook [5].

Core Insights - The company reported a total revenue of 184 million yuan for the first half of 2025, an increase of 26.24 million yuan compared to the same period last year, marking a 16.60% year-on-year growth [1] - The net profit attributable to shareholders was 30.94 million yuan, reflecting an increase of 310,000 yuan from the previous year, which is a 1.03% year-on-year rise [1] - The company experienced a net cash outflow from operating activities of 10.91 million yuan, but this was an improvement of 56.27 million yuan compared to the same period last year [1] Financial Ratios - The latest debt-to-asset ratio stands at 10.99%, ranking third among disclosed peers [3] - The gross profit margin is 49.80%, ranking second among peers, with an increase of 7.76 percentage points from the previous quarter [3] - Return on equity (ROE) is at 1.80%, up by 0.05 percentage points year-on-year [3] - The diluted earnings per share (EPS) is 0.17 yuan, an increase of 0.01 yuan, representing a 6.25% year-on-year growth [3] - The total asset turnover ratio is 0.09 times, reflecting a 15.77% increase compared to the same period last year [3] - The inventory turnover ratio is 0.58 times, up by 0.15 times, achieving a 33.78% year-on-year increase [3] Shareholder Information - The number of shareholders is 6,416, with the top ten shareholders holding a total of 129 million shares, accounting for 69.18% of the total share capital [3] - The top shareholders include: - Li Weiping: 18.3% - Che Qi: 13.5% - Hui Dequn: 11.7% - Huang Biao: 11.7% - Yi Xin: 3.01% - Zhao Jianping: 2.97% - Nanjing Bangsheng Investment Management Co., Ltd.: 2.41% - Guotou Chuanghe (Shanghai) Investment Management Co., Ltd.: 2.26% - Nanjing Gao Gan Enterprise Management Partnership: 1.75% - Zhao Ji: 1.40% [3]

Financial Performance - Company reported total revenue of 184 million yuan for the first half of 2025, a year-on-year increase of 16.6% [1] - Net profit attributable to shareholders reached 30.93 million yuan, up 1.03% year-on-year [1] - In Q2 2025, total revenue was 119 million yuan, reflecting a significant year-on-year increase of 43.37% [1] - Q2 net profit attributable to shareholders was 27.14 million yuan, showing a substantial year-on-year increase of 129.26% [1] Profitability Metrics - Gross margin stood at 49.8%, down 14.07% year-on-year [1] - Net margin was 16.78%, a decrease of 13.35% year-on-year [1] - Earnings per share (EPS) increased by 6.25% year-on-year to 0.17 yuan [1] Financial Ratios and Cash Flow - Company’s return on invested capital (ROIC) was 2.86%, indicating weak capital returns [2] - Historical median ROIC since listing is 13.72%, suggesting better investment returns in the past [2] - Operating cash flow per share was -0.06 yuan, but showed an increase of 83.77% year-on-year [1][2] Accounts Receivable and Expenses - Accounts receivable accounted for 808.65% of the latest annual net profit, indicating a large receivables balance [1][2] - Total sales, management, and financial expenses amounted to 20.72 million yuan, representing 11.24% of revenue, down 14.79% year-on-year [1] Market and Competitive Environment - Company’s net profit decline attributed to market changes, increased competition, and rising production costs [4] - Revenue growth driven by the aerospace industry and increased railway investments, leading to higher demand for products [3][4] Research and Development - Company is expanding its R&D team and increasing R&D expenditures, which has contributed to higher overall costs [4] - Establishment of two wholly-owned subsidiaries to enhance R&D capabilities [4]

Group 1 - The company, Gaohua Technology, announced on August 29 that it will recognize asset impairment provisions for the first half of 2025, which will impact the consolidated profit by approximately 13.07 million yuan [1] - The asset impairment provisions are in compliance with the relevant regulations of the Accounting Standards for Enterprises and the company's accounting policies, ensuring a true and fair reflection of the company's asset status [1] - As of the report date, Gaohua Technology has a market capitalization of 6.1 billion yuan [1] Group 2 - For the year 2024, Gaohua Technology's revenue composition shows that 98.82% comes from the manufacturing of computers, communications, and other electronic equipment, while other businesses account for 1.18% [1]

Core Insights - The company reported a revenue of 184.32 million yuan for the first half of the year, representing a year-on-year growth of 16.60%, driven by the booming aerospace industry and successful expansion in machinery and metallurgy sectors [1] - The net profit attributable to shareholders was 30.94 million yuan, a slight increase of 1.03% compared to the previous year, attributed to higher revenue, improved cost control, and increased government subsidies [1] - The net profit excluding non-recurring gains and losses was 23.11 million yuan, a decrease of 6.12% year-on-year, primarily due to increased operating costs and ongoing investments in R&D [1] Revenue and Profit Analysis - Revenue growth was supported by increased demand in aerospace, machinery, and metallurgy sectors, with a notable rise in delivery volumes [1] - The company managed to reduce sales and administrative expenses compared to the previous year, contributing to the slight increase in net profit [1] - R&D expenses amounted to 33.90 million yuan, accounting for 18.39% of total revenue, indicating a sustained commitment to enhancing research capabilities [1] Cash Flow and Operational Efficiency - The net cash flow from operating activities increased by 56.27 million yuan compared to the previous year, driven by higher product delivery volumes and improved collection of accounts receivable [1]

南京高华科技股份有限公司 2025年半年度募集资金存放、管理与实际使用 证券代码：688539 证券简称：高华科技 公告编号：2025-034 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，南京 高华科技股份有限公司（以下简称"公司"）编制了 2025 年半年度募集资金 存放、管理与实际使用情况的专项报告，具体内容如下： 一、募集资金基本情况 （一）实际募集资金金额和资金到位时间 经中国证券监督管理委员会于 2023 年 2 月 27 日出具的《关于同意南京高华 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〔2023〕422 号） 同意，公司首次向社会公开发行人民币普通股（A 股）3,320 万股，每股发行价 格 38.22 元，新股发行募集资金总额为 126,890.40 万元，扣除发行费用 10,337.80 万元（不含税）后，实际募集资金净额为 116,55 ...

关于 2025 年半年度计提资产减值准备的公告 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、计提资产减值准备的情况概述 根据《企业会计准则》及南京高华科技股份有限公司（以下简称"公司"）会 计政策等相关规定，为真实、客观、公允地反映公司截至 2025 年 6 月 30 日的财 务状况与资产价值，本着谨慎性原则，公司对截至 2025 年 6 月 30 日的资产进行 了减值测试，对可能发生资产减值损失的相关资产计提减值准备。2025 年半年 度确认的资产减值损失和信用减值损失总额为 13,073,497.14 元。具体情况如下 表所示： 证券代码：688539 证券简称：高华科技 公告编号：2025-035 南京高华科技股份有限公司 单位：人民币元 | 序号 | 项目 | 本期发生额 | 备注 | | --- | --- | --- | --- | | 1 | 信用减值损失（损 失以"-"号填列） | -7,245,977.65 | 应收票据坏账损失、应收账款坏账 损失、应收款项融资坏账损失、其 | | | | | 他 ...

公司代码：688539 公司简称：高华科技 南京高华科技股份有限公司 2025 年半年度报告 1 / 213 南京高华科技股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不 存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 重大风险提示 南京高华科技股份有限公司2025 年半年度报告 公司已在报告"第三节管理层讨论与分析"之"四、风险因素"中详细披露了可能面对的风 险，敬请投资者注意查阅。 三、 公司全体董事出席董事会会议。 四、 本半年度报告未经审计。 五、 公司负责人李维平、主管会计工作负责人李来凭及会计机构负责人（会计主管人员）李来 凭声明：保证半年度报告中财务报告的真实、准确、完整。 六、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 七、 是否存在公司治理特殊安排等重要事项 □适用 √不适用 八、 前瞻性陈述的风险声明 √适用 □不适用 本报告所涉及公司未来发展计划、发展战略等前瞻性陈述，不构成公司对投资者实质承诺， 请投资者注意投资风险。 九、 是否存在被控股股东及其他关联方非经营 ...