A股铜缆高速连接板块异动拉升，新亚电子涨超7%，中富电路涨超5%，太辰光、华丰科技、瑞可达、 兆龙互通等跟涨。 ...

Core Insights - 17 companies on the Sci-Tech Innovation Board have released their performance forecasts for the first half of the year, with 16 companies expecting profit increases and 1 company maintaining stable profits [1] - The overall proportion of companies expecting profit increases is 94.12% [1] - Among the companies forecasting profit increases, 8 companies anticipate a net profit growth exceeding 100%, while 4 companies expect growth between 50% and 100% [1] Company Performance - Guangda Special Materials is expected to have the highest net profit growth, with a median increase of 367.51% [2] - Shengnuo Bio and Tailin Microelectronics follow with expected net profit growths of 292.82% and 267.00%, respectively [2] - The industries with significant profit growth include electronics and biomedicine, with 8 and 2 companies, respectively, reporting net profit increases over 50% [1] Stock Performance - Sci-Tech Innovation Board stocks with high growth expectations have seen an average increase of 39.15% this year [1] - Shengnuo Bio has recorded the highest stock increase at 91.94%, followed by Guangda Special Materials and Tailin Microelectronics with increases of 78.69% and 48.32%, respectively [1] Fund Flow - In terms of fund flow, companies with significant profit growth, such as Ruile New Materials, Xindong Link, and Guangda Special Materials, have experienced notable net outflows of 323 million, 169 million, and 145 million yuan, respectively, over the past five days [1]

Group 1 - The article discusses the recent market performance, indicating that the Shanghai Composite Index has stabilized around 3500 points, driven by policy expectations and potential government stimulus measures [1][2] - Analysts from Citigroup predict that the upcoming Politburo meeting will not revise the budget or increase government bond quotas, but will focus on implementing existing policies to support consumption and the real estate sector [1][2] - The article highlights that the real estate market has shown signs of recovery, with a potential for further gains in the coming weeks, based on historical trends of policy-driven market movements [3][5] Group 2 - The banking sector is expected to see an increase in dividend yields due to upcoming dividend distributions, which could enhance the attractiveness of bank stocks [7] - The article notes that the insurance sector is adjusting its investment strategies to favor high-dividend assets, which may impact the overall market dynamics [7] - The article mentions that the real estate index has risen by 9.69% since June 23, indicating a positive trend relative to the Shanghai Composite Index [3][5] Group 3 - The article outlines the upcoming key events in the financial calendar, including the Politburo meeting and FOMC meetings, which are expected to influence market sentiment and policy direction [2] - It emphasizes the importance of monitoring economic indicators and policy announcements as they could significantly impact market performance in the second half of the year [2][10] - The article suggests that sectors such as renewable energy, construction materials, and industrial metals are likely to benefit from current market trends and policy support [15][18]

Group 1 - Yuntian Lifa plans to issue H-shares and list on the Hong Kong Stock Exchange [3] - Aerospace Electromechanical's wholly-owned subsidiary intends to transfer 70% equity of Eschong Korea [4] - Three Gorges Water Conservancy plans to publicly transfer 41.0071% equity of Chongqing Tiantai Energy Group [5] Group 2 - Galaxy Microelectronics intends to invest 310 million yuan in the construction of a high-end integrated circuit device industrialization base [6] - Wanye Enterprises' wholly-owned subsidiary plans to invest 299 million yuan to establish a private equity investment fund [7] - Dailor New Materials will invest 45 million yuan to establish a holding subsidiary [8] Group 3 - Huaxi Securities expects a net profit increase of 1025.19% to 1353.9% year-on-year for the first half of 2025 [10][11] - Guolian Minsheng anticipates a net profit increase of approximately 1183% year-on-year for the first half of 2025 [12] - Gaode Infrared expects a net profit increase of 734.73% to 957.33% year-on-year for the first half of 2025 [13] Group 4 - Tianchen Co. expects a net profit increase of 640% to 786% year-on-year for the first half of 2025 [14] - Shenkai Co. anticipates a net profit increase of 183% to 278% year-on-year for the first half of 2025 [15] - Taishan Petroleum expects a net profit increase of 123% to 173% year-on-year for the first half of 2025 [16] Group 5 - Ruikeda expects a net profit increase of 132.44% to 163.22% year-on-year for the first half of 2025 [17] - Jinkong Electric anticipates a net profit of 120 million to 150 million yuan, turning from loss to profit [18] - Ankai Bus expects a net profit increase of 106.67% to 189.34% year-on-year for the first half of 2025 [19] Group 6 - Yara International expects a net profit increase of 170% to 244% year-on-year for the first half of 2025 [20] - Zhongshun Jierou anticipates a net profit increase of 59.85% to 82.68% year-on-year for the first half of 2025 [21] - Guoan Co. expects a loss of 25.9 million to 36.7 million yuan for the first half of 2025 [22] Group 7 - Huamei Holdings expects a loss of 46.5 million to 60 million yuan for the first half of 2025 [23] - AOC Technology anticipates a loss of 450 million to 490 million yuan for the first half of 2025 [24] - Shangrong Medical expects a loss of 7 million to 9.5 million yuan for the first half of 2025 [25] Group 8 - Hangang Co. expects a net loss of approximately 111 million yuan for the first half of 2025 [26] - Baili Electric's shareholder plans to reduce its stake by no more than 2% [27] - Dream Lily's major shareholder plans to reduce its stake by no more than 0.5% [28]

Group 1 - The company expects a net profit attributable to shareholders of the parent company for the first half of 2025 to be between 151 million to 171 million yuan, representing an increase of 86.04 million to 106.04 million yuan compared to the same period last year, which is a year-on-year increase of 132.44% to 163.22% [1] - The net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses is expected to be between 141 million to 161 million yuan, an increase of 81.21 million to 101.21 million yuan compared to the same period last year, reflecting a year-on-year increase of 135.83% to 169.28% [1] - The significant increase in performance is attributed to steady growth in various business segments, increased order volume, ongoing technological and process innovations, improved operational efficiency, and successful expansion into new business areas [1] Group 2 - The previous year's net profit was reported at 64.96 million yuan, with the net profit after deducting non-recurring gains and losses not specified in the document [1] - The performance forecast is based on preliminary calculations by the company's financial department and has not been audited by registered accountants [2]

证券代码：688800 证券简称：瑞可达 公告编号：2025-042 （1）经财务部门初步测算，预计 2025 年半年度实现归属于母公司所有者的 净利润为 15,100.00 万元到 17,100.00 万元，与上年同期（法定披露数据）相比， 将增加 8,603.58 万元到 10,603.58 万元，同比增加 132.44%到 163.22%。 （2）归属于母公司所有者的扣除非经常性损益的净利润为 14,100.00 万元 到 16,100.00 万元，与上年同期（法定披露数据）相比，将增加 8,121.05 万元 到 10,121.05 万元，同比增加 135.83%到 169.28%。 （三）本次业绩预告未经注册会计师审计。 二、上年同期业绩情况 2024 年半年度，公司利润总额：6,828.93 万元。归属于母公司所有者的净 利润：6,496.42 万元。归属于母公司所有者的扣除非经常性损益的净利润： 5,978.95 万元。 苏州瑞可达连接系统股份有限公司 2025 年半年度业绩预增的自愿性披露公告 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 ...

瑞可达公告，经财务部门初步测算，预计2025年半年度实现归属于母公司所有者的净利润为1.51亿元到 1.71亿元，与上年同期相比，将增加8603.58万元到1.06亿元，同比增加132.44%到163.22%。归属于母公 司所有者的扣除非经常性损益的净利润为1.41亿元到1.61亿元，与上年同期相比，将增加8121.05万元到 1.01亿元，同比增加135.83%到169.28%。 ...

Financial Report Summary - The audit opinion states that the financial statements of Suzhou Ruikeda Connector System Co., Ltd. (hereinafter referred to as Ruikeda) fairly reflect its financial position as of December 31, 2022, and its operating results for the year 2022 in accordance with accounting standards [2][3] - The total operating revenue for Ruikeda in 2022 was CNY 1,625,142,065.22, highlighting the significance of revenue recognition in the financial statements [3][4] - Key audit matters identified include revenue recognition and the provision for bad debts on accounts receivable, both of which are critical due to their impact on the financial statements [4][5] Revenue Recognition - Ruikeda's primary business involves the research, design, production, and sales of optoelectronic connectors, with revenue recognition being a key performance indicator [3][4] - The audit procedures for revenue recognition included evaluating internal controls, analyzing sales contracts, and confirming transactions with major customers [3][4] Provision for Bad Debts - The assessment of the recoverability of accounts receivable involves significant management estimates and judgments, making it a critical audit matter [4][5] - Audit procedures included testing internal controls related to accounts receivable management, evaluating management's estimates, and analyzing the aging of accounts receivable [4][5] Company Overview - Ruikeda was established on June 5, 2014, and is headquartered in Suzhou, Jiangsu Province, with a registered capital of CNY 113,157,052 as of December 31, 2022 [8][9] - The company is engaged in the research, production, and sales of electronic components, optoelectronic connectors, sensors, and related technologies [8][9] Financial Reporting Basis - The financial statements are prepared on a going concern basis, with no identified issues affecting the company's ability to continue operations [11][12] - The company adheres to the accounting policies and estimates as per the applicable accounting standards, ensuring the financial statements reflect a true and complete picture of its financial status [11][12]

Core Viewpoint - Suzhou Recodeal Interconnect System Co., Ltd. is issuing convertible bonds to raise funds not exceeding RMB 1 billion, with a focus on meeting the requirements of the Sci-Tech Innovation Board [1][4]. Group 1: Convertible Bond Issuance - The company plans to issue convertible bonds with a total amount not exceeding RMB 1 billion, which will be determined by the board of directors within this limit [1]. - The bonds will not be secured, which may pose repayment risks [1]. - The company has received a credit rating of AA- for both its entity and the bonds from China Chengxin International Credit Rating Co., Ltd. [1]. Group 2: Investor Participation and Commitments - The actual controller and major shareholders have committed not to participate in the bond subscription if they have sold company shares within six months prior to the announcement [2][3]. - They also promise to adhere to short-term trading regulations, refraining from selling company shares or bonds for six months after the issuance [2][3]. Group 3: Financial Performance and Risks - The company reported fluctuating revenues and net profits over the past three years, with revenues of RMB 162.51 million, RMB 155.50 million, and RMB 241.47 million, and net profits of RMB 25.32 million, RMB 13.66 million, and RMB 17.79 million respectively [5]. - The company faces risks from increasing competition in the new energy sector, potential overseas operational challenges, and significant accounts receivable [4][5][6]. Group 4: Dividend Policy - The company has a stable profit distribution policy, prioritizing cash dividends, with a commitment to distribute at least 10% of the available profits as cash dividends annually [7][8]. - Recent cash dividends included RMB 58.84 million for 2022 and RMB 15.75 million for 2023, with a cash dividend payout ratio of 31.45% for 2024 [14]. Group 5: Future Outlook and Strategic Measures - The company is focused on long-term sustainable development and has established measures to ensure the effective use of raised funds, aiming to enhance shareholder returns [16][17]. - The company is committed to improving its governance structure to protect the rights of all shareholders, especially minority shareholders [16][17].

Group 1 - Morning Light Biological expects a net profit of 202.0 million to 232.0 million yuan for the first half of 2025, representing a year-on-year increase of 102.33% to 132.38% [1] - Northern Rare Earth anticipates a net profit of 900.0 million to 960.0 million yuan for the first half of 2025, with a significant year-on-year growth of 1882.54% to 2014.71% [1] - Youfa Group forecasts a net profit of 277.0 million to 307.0 million yuan for the first half of 2025, reflecting a year-on-year increase of 151.69% to 178.93% [1] Group 2 - Torch Electronics projects a net profit of approximately 247.0 million to 280.0 million yuan for the first half of 2025, indicating a year-on-year growth of 50.36% to 70.45% [3] - Zhiwei Intelligent expects a net profit of 91.98 million to 112.43 million yuan for the first half of 2025, with a year-on-year increase of 62.85% to 99.06% [4] - Youhao Group anticipates a net profit of 12.0 million yuan for the first half of 2025, representing a year-on-year growth of 51% [5] Group 3 - Nami Technology expects a net profit of 61.0 million to 73.0 million yuan for the first half of 2025, with a year-on-year increase of 35% to 62% [7] - Xinda Co. forecasts a net profit of 130.0 million to 150.0 million yuan for the first half of 2025, reflecting a substantial year-on-year growth of 2443.43% to 2834.73% [8] Group 4 - Shaanxi Coal Industry reported a coal production of 14.36 million tons in June, a year-on-year decrease of 5.07% [9] - Huanxu Electronics announced a consolidated revenue of 4.587 billion yuan in June, a year-on-year decline of 1.23% [10] Group 5 - Huadian International successfully issued 2.0 billion yuan in medium-term notes with a maturity of 3+N years and a coupon rate of 1.89% [20] - Zhongmin Energy reported a total power generation of 1.405 billion kilowatt-hours in the first half of 2025, a year-on-year decrease of 0.89% [20] Group 6 - Huaxia Biotech passed the FDA inspection with zero deficiencies, covering six major systems [21] - Ruikeda's application for convertible bond issuance has been accepted by the Shanghai Stock Exchange [22] Group 7 - Dafu Technology plans to invest no more than 100 million yuan in Anhui Yunta [42] - Tongda Co. won a bid for a project valued at 180.3 million yuan from the Southern Power Grid [46]