广东九联科技股份有限公司2025 年半年度报告 公司代码：688609 公司简称：九联科技 广东九联科技股份有限公司 2025 年半年度报告 1 / 226 广东九联科技股份有限公司2025 年半年度报告 重要提示 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。 重大风险提示 公司已在本报告中详细描述可能存在的风险因素。敬请查阅本报告"第三节 管理层讨论与分析"。 公司全体董事出席董事会会议。 本半年度报告未经审计。 公司负责人詹启军、主管会计工作负责人凌俊及会计机构负责人（会计主管人员）周洋声明：保证半 年度报告中财务报告的真实、准确、完整。 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 是否存在公司治理特殊安排等重要事项 □适用 √不适用 前瞻性陈述的风险声明 √适用 □不适用 本报告所涉及的公司未来计划、发展战略等前瞻性陈述，不构成公司对投资者的实质承诺，请投 资者注意投资风险。 是否存在被控股股东及其他关联方非经营性占用资金情况 否 是否存在违反规定决策程序对外提供担保的情况 否 是否存在 ...

Market Performance - The black home appliance sector rose by 0.54% on August 28, with *ST Gauss leading the gains [1] - The Shanghai Composite Index closed at 3843.6, up 1.14%, while the Shenzhen Component Index closed at 12571.37, up 2.25% [1] Stock Performance - Key stocks in the black home appliance sector showed varied performance, with *ST Gauss closing at 8.58, up 3.00% on a trading volume of 68,000 shares [1] - Sichuan Jiuzhou and Jinlian Technology also saw increases of 2.56% and 2.55%, respectively, with trading volumes of 439,000 and 337,700 shares [1] Capital Flow - The black home appliance sector experienced a net outflow of 838 million yuan from institutional investors, while retail investors saw a net inflow of 787 million yuan [1] - The table of capital flow indicates that *ST Gauss had a net inflow of 1.66 million yuan from institutional investors, while Sichuan Jiuzhou had a net inflow of 766,840 yuan from retail investors [2]

Core Viewpoint - Recently, Huizhou Jiulian Internet of Things Technology Co., Ltd. was established with a registered capital of 10 million yuan, focusing on various IoT services and products [1] Company Summary - The newly established company has a registered capital of 10 million yuan [1] - The company is wholly owned by Jiulian Technology [1] Industry Summary - The business scope includes IoT technology services, IoT device manufacturing, sales of integrated circuit chips and products, and manufacturing of semiconductor lighting devices [1]

Market Overview - The black home appliance sector experienced a decline of 0.99% on August 27, with Chenyi Intelligent leading the drop [1] - The Shanghai Composite Index closed at 3800.35, down 1.76%, while the Shenzhen Component Index closed at 12295.07, down 1.43% [1] Stock Performance - Notable stock performances include: - Tongzhou Electronics (002052) rose by 3.45% to a closing price of 18.30 [1] - Zhaochi Co. (002429) increased by 1.43% to 5.66 [1] - ST Gauss (002848) fell by 0.36% to 8.33 [1] - Sichuan Jiuzhou (000801) decreased by 0.77% to 18.00 [1] - XGIMI Technology (688696) dropped by 0.97% to 125.18 [1] - Hisense Visual (600060) declined by 1.26% to 21.87 [1] - Skyworth Digital (000810) fell by 1.58% to 12.49 [1] - Jiulian Technology (688609) decreased by 1.92% to 11.78 [1] - Sichuan Changhong (600839) dropped by 2.70% to 11.90 [1] - Chenyi Intelligent (301578) fell by 3.19% to 37.58 [1] Capital Flow - The black home appliance sector saw a net outflow of 324 million yuan from institutional investors and 145 million yuan from retail investors, while retail investors had a net inflow of 468 million yuan [1] - Detailed capital flow for selected stocks includes: - Skyworth Digital (000810) had a net inflow of 31.72 million yuan from institutional investors [2] - Sichuan Jiuzhou (000801) saw a net inflow of 14.76 million yuan from institutional investors [2] - XGIMI Technology (688696) had a net inflow of 12.84 million yuan from institutional investors [2] - Chenyi Intelligent (301578) experienced a net outflow of 2.47 million yuan from institutional investors [2] - Hisense Visual (600060) faced a significant net outflow of 33 million yuan from institutional investors [2] - Tongzhou Electronics (002052) had a net outflow of 80.57 million yuan from institutional investors [2]

Group 1 - The core viewpoint of the news is that Jiulian Technology has shown significant trading activity and financial performance indicators, with a focus on its financing and stock performance [1][2]. - On August 26, Jiulian Technology's stock increased by 1.18%, with a trading volume of 349 million yuan. The net financing purchase on that day was 6.2654 million yuan, indicating strong investor interest [1]. - As of August 26, the total margin balance for Jiulian Technology was 327 million yuan, accounting for 5.45% of its market capitalization, which is above the 70th percentile of the past year [1]. Group 2 - As of March 31, the number of Jiulian Technology's shareholders decreased by 3.84% to 20,600, while the average circulating shares per person increased by 3.99% to 24,321 shares [2]. - For the first quarter of 2025, Jiulian Technology reported a revenue of 546 million yuan, a year-on-year decrease of 17.45%, and a net profit attributable to shareholders of -56.4841 million yuan, representing a significant decline of 1348.75% [2]. Group 3 - Since its A-share listing, Jiulian Technology has distributed a total of 48.124 million yuan in dividends, with 18.5081 million yuan distributed over the past three years [3].

从资金流向上来看，当日黑色家电板块主力资金净流出4.26亿元，游资资金净流入6105.46万元，散户资 金净流入3.65亿元。黑色家电板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 002429 | 非驰股份 | | 7310.66万 | 7.69% | -4255.24万 | -4.48% | -3055.42万 | -3.21% | | 000801 | 四川九洲 | | 5254.75万 | 7.35% | 3434.46万 | 4.80% | -8689.22万 | -12.15% | | 600060 | 海信视像 | | 2237.86万 | 4.54% | -3594.37万 | -7.29% | 1356.51万 | 2.75% | | 688696 极米科技 | | | 1719.52万 | 7.48% | -1109.74万 | -4.83% | -60 ...

Core Insights - The overall activity level of the A-share merger and acquisition market in China has slightly decreased, characterized by high frequency, diverse participants, and broad sectors [1] - A total of 80 merger and acquisition events were disclosed during the period, with a total transaction amount of 601.88 billion RMB, showing a significant increase in both the number and value of major M&A events compared to the previous period [2] - The real estate management and development, other metals and mining, semiconductor products, electronic equipment, instruments and components, electrical equipment, and automotive parts sectors are particularly active in M&A activities [2][3] - Private enterprises and local state-owned enterprises are actively engaging in horizontal integration and strategic cooperation, indicating diverse motivations for mergers and acquisitions [1][2] - The M&A market is expected to further release integration and value reconstruction potential, supported by regulatory policy optimization, economic recovery, policy encouragement, and capital market reforms [1] M&A Market Overview - The number of major M&A events in the A-share market increased by 60% compared to the previous period, with a total disclosed transaction amount of 601.88 billion RMB, representing a 187.97% increase [2] - Key sectors for M&A activities include real estate management and development, other metals and mining, semiconductor products, electronic equipment, instruments and components, electrical equipment, and automotive parts [2] - The market is entering a new phase characterized by "efficiency improvement + structural optimization," driven by policy and proactive corporate adjustments [2] Listed Companies' M&A Plans - A total of 44 listed companies announced or planned M&A activities, with an average stock price fluctuation of 7.53% over two weeks [2] - 22 companies made significant progress after announcing M&A plans, with an average stock price fluctuation of 3.76% [2] - The number of major restructuring events increased by 60% compared to the previous period, with research enthusiasm rising by 11.54% [2] Companies with Significant Progress - Companies such as Yunnan Cheng Investment and AnYuan Coal Industry have made notable advancements in their M&A plans, with various strategic objectives including asset adjustments and diversification [10][11] - The progress of these companies reflects a broader trend of active restructuring and strategic realignment within the A-share market [10][11] Market Sentiment and Performance - The restructuring index showed a fluctuation of 5.10% over the two-week period, indicating a positive sentiment in the M&A market [12] - The average price-to-earnings (PE) ratios and market values of companies involved in M&A activities vary significantly, reflecting diverse market conditions and investor sentiments [7][8]

以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002052 | 同洲电子 | 20.25 | 5.52% | 81.56万 | 15.81 乙 | | 688609 | 九联科技 | 12.00 | 3.36% | 32.54万 | 3.86 Z | | 600839 | 四川长虹 | 11.93 | 3.02% | 468.82万 | 55.48 乙 | | 688696 | 极米科技 | 121.56 | 0.98% | 2.47万 | 3.00亿 | | 002429 | 非驰股份 | 5.52 | 0.91% | 338.93万 | 18.38亿 | | 600060 | 海信视像 | 21.67 | 0.79% | 18.78万 | 4.06亿 | | 000801 | 四川九洲 | 17.55 | 0.75% | 32.48万 | 5.71亿 | | 3015 ...

8月22日，九联科技盘中上涨2.07%，截至10:54，报11.85元/股，成交1.27亿元，换手率2.18%，总市值59.25亿元。 截至3月31日，九联科技股东户数2.06万，较上期减少3.84%；人均流通股24321股，较上期增加3.99%。2025年1月-3月，九联科技实现营业收入5.46亿元，同比减少17.45%；归母净利润 分红方面，九联科技A股上市后累计派现4812.40万元。近三年，累计派现1850.81万元。 责任编辑：小浪快报 资金流向方面，主力资金净流入1190.35万元，特大单买入315.97万元，占比2.48%，卖出220.17万元，占比1.73%；大单买入3821.22万元，占比30.02%，卖出2726.67万元，占比21. 九联科技今年以来股价涨11.79%，近5个交易日涨9.32%，近20日涨12.32%，近60日涨13.29%。 今年以来九联科技已经1次登上龙虎榜，最近一次登上龙虎榜为5月6日，当日龙虎榜净买入-1695.55万元；买入总计6129.58万元 ，占总成交额比12.82%；卖出总计7825.14万元 ，占总成 资料显示，广东九联科技股份有限公司位于广东省惠州市 ...

证券之星消息，8月20日黑色家电板块较上一交易日上涨2.31%，四川长虹领涨。当日上证指数报收于 3766.21，上涨1.04%。深证成指报收于11926.74，上涨0.89%。黑色家电板块个股涨跌见下表： 从资金流向上来看，当日黑色家电板块主力资金净流出18.7亿元，游资资金净流入4.53亿元，散户资金 净流入14.17亿元。黑色家电板块个股资金流向见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600839 | 四川长虹 | 12.19 | 4.46% | 1056.32万 | 129.54Z | | 002052 | 同洲电子 | 19.00 | 4.11% | 138.57万 | 25.47 乙 | | 002429 | 非驰股份 | 4.97 | 1.84% | 87.61万 | 4.32亿 | | 600060 | 海信视像 | 21.30 | 1.4 ...