Market Overview - On August 27, the real estate service sector declined by 3.12%, with Zhongtian Service 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] Individual Stock Performance - Zhongtian Service (002188) closed at 5.59, down 5.41% with a trading volume of 127,200 shares and a transaction value of 73.12 million yuan [1] - Te Fa Service (300917) closed at 47.19, down 5.24% with a trading volume of 90,900 shares and a transaction value of 4.42 billion yuan [1] - World Union (002285) closed at 2.46, down 4.28% with a trading volume of 557,400 shares and a transaction value of 140 million yuan [1] - New Dazheng (002968) closed at 10.76, down 4.01% with a trading volume of 78,500 shares and a transaction value of 86.23 million yuan [1] - Pearl River Shares (600684) closed at 4.90, down 3.92% with a trading volume of 395,200 shares and a transaction value of 19.87 million yuan [1] Capital Flow Analysis - The real estate service sector experienced a net outflow of 201 million yuan from institutional investors, while retail investors saw a net inflow of 159 million yuan [1] - The table shows the capital flow for individual stocks, indicating varying levels of net inflow and outflow among different companies [2] Detailed Capital Flow for Selected Stocks - World Union (002285) had a net inflow of 2.29 million yuan from institutional investors, but a net outflow of 6.79 million yuan from retail investors [2] - Zhongtian Service (002188) saw a net inflow of 1.41 million yuan from institutional investors, with a net outflow of 7.84 million yuan from retail investors [2] - Pearl River Shares (600684) experienced a significant net outflow of 50.69 million yuan from institutional investors, while retail investors had a net inflow of 42.35 million yuan [2] - Te Fa Service (300917) had a net outflow of 52.61 million yuan from institutional investors, with a net inflow of 46.53 million yuan from retail investors [2]

2025年8月27日，皇庭国际(000056.SZ)发布2025年半年度报告。截至2025年8月26日，共有1个机构投资 者披露持有皇庭国际A股股份，合计持股量达1.81亿股，占皇庭国际总股本的15.32%。其中，机构投资 者包括深圳市皇庭产业控股有限公司，机构投资者合计持股比例达15.32%。相较于上一季度，机构持 股比例合计下跌了0.22个百分点。 以上内容与数据，与有连云立场无关，不构成投资建议。据此操作，风险自担。 ...

Group 1 - The company Huangting International (SZ 000056) reported a revenue of approximately 290 million yuan for the first half of 2025, representing a year-on-year decrease of 18.48% [1] - The net profit attributable to shareholders of the listed company was a loss of approximately 185 million yuan, with a basic earnings per share loss of 0.16 yuan [1] - In comparison, for the same period in 2024, the company reported a revenue of approximately 356 million yuan and a net profit loss of about 149 million yuan, with a basic earnings per share loss of 0.13 yuan [1] Group 2 - The pet industry is experiencing significant growth, with a market size of 300 billion yuan, leading to a surge in stock prices for industry-listed companies [1]

每经AI快讯，皇庭国际（SZ 000056，收盘价：2.73元）8月27日发布公告称，公司第十届2025年第三次 董事会会议于2025年8月25日以书面传签方式召开。会议审议了《关于<2025年半年度报告>及<2025年 半年度报告摘要>的议案》等文件。 （记者 胡玲） 每经头条（nbdtoutiao）——能给主人"打电话"的宠物智能手机也来了！宠物产业3000亿元市场大爆 发，行业上市公司"涨"声一片 ...

智通财经APP讯，皇庭国际(000056.SZ)发布2025年半年度报告，报告期内，公司实现营业收入2.9亿 元，同比下降18.48%。归属于上市公司股东净亏损1.85亿元，归属于上市公司股东的扣除非经常性损益 净亏损1.94亿元，基本每股亏损0.16元。 ...

关于终止意向性合作协议的自愿性信息披露公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 一、前期签署意向性合作协议概述 （一）《战略合作框架协议》及《战略合作协议》 深圳市皇庭国际企业股份有限公司（以下简称"皇庭国际"或"公司"）于 2020 年 5 月 31 日召开第九届董事会二〇二二年第十一次临时会议，审议通过了 《关于拟与金拓资本签署<战略合作框架协议>的议案》及《关于拟与合创资本签 署<战略合作协议>的议案》，同意公司与北京金拓资本投资有限公司（以下简称 "金拓资本"）及深圳市合创资本管理有限公司（以下简称"合创资本"）开展战 略合作，公司与其分别签署了框架协议，详见公司于 2022 年 6 月 2 日在《证券 时报》、香港《大公报》和巨潮资讯网上披露的《关于与金拓资本签署<战略合作 框架协议>及与合创资本签署<战略合作协议>的公告》（公告编号：2022-51）。 证券代码：000056、200056 证券简称：皇庭国际、皇庭 B 公告编号：2025-044 深圳市皇庭国际企业股份有限公司 三、终止意向性合作协议对公司的影响 《战略合作框架协议》《 ...

深圳市皇庭国际企业股份有限公司 2025 年半年度财务报告 深圳市皇庭国际企业股份有限公司 2025 年半年度财务报告 2025 年 8 月 1 深圳市皇庭国际企业股份有限公司 2025 年半年度财务报告 一、审计报告 公司半年度财务报告未经审计。 2025 年 06 月 30 日 单位：元 二、财务报表 财务附注中报表的单位为：元 1、合并资产负债表 编制单位：深圳市皇庭国际企业股份有限公司 | 其他权益工具投资 | 21,791,885.94 | 21,791,885.94 | | --- | --- | --- | | 其他非流动金融资产 | 30,000,000.00 | 30,000,000.00 | | 投资性房地产 | 6,513,949,182.35 | 6,547,478,813.67 | | 固定资产 | 103,754,302.17 | 106,211,513.40 | | 在建工程 | 64,725,992.89 | 72,402,718.44 | | 生产性生物资产 | | | | 油气资产 | | | | 使用权资产 | 18,362,034.80 | 9,686,816.20 | ...

深圳市皇庭国际企业股份有限公司 | | 深圳市皇庭房地产开发有限 | 实际控制人 | 其他应收款 | 118.03 | 3.33 | | 121.36 | 租金保证金、 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 公司 | 控制的公司 | | | | | | 代收代付 | 经营性往来 | | | 深圳市皇庭产业控股有限公 | 持有本公司 | | | | | | | | | | 司 | 15.32%的股 权 | 其他应收款 | 17.64 | | 17.64 | - | 业绩补偿款 | 经营性往来 | | | | 实际控制人 | | | | | | 融资租赁飞机 | | | | 深联公务航空有限公司 | 控制的公司 | 其他应收款 | 23.19 | | | 23.19 | 款 | 经营性往来 | | | 钦州市皇庭房地产开发有限 | 实际控制人 | 其他应收款 | 24.82 | 0.14 | | 24.96 | 项目委托管理 | 经营性往来 | | | 公司 | 控制的公司 | | | | | | 费 | | | ...

证券代码：000056、200056 证券简称：皇庭国际、皇庭 B 公告编号：2025-041 表决结果：7 票赞成，0 票反对，0 票弃权。 （二）审议通过《关于终止意向性合作协议的议案》 深圳市皇庭国际企业股份有限公司 第十届董事会 2025 年第三次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 一、董事会会议召开情况 深圳市皇庭国际企业股份有限公司（以下简称"公司"）第十届董事会 2025 年第三次会议于 2025 年 8 月 25 日以书面传签方式召开。本次会议通知及材料 已于 2025 年 8 月 15 日发送各位董事。本次会议应出席董事 7 人，实际出席董 事 7 人。会议符合有关法律、行政法规、部门规章、规范性文件及公司《章程》 的规定。 二、董事会会议审议情况 （一）审议通过《关于<2025 年半年度报告>及<2025 年半年度报告摘要> 的议案》 具体内容详见同日刊登于巨潮资讯网（www.cninfo.com.cn，下同）上的 《2025 年半年度报告》（2025-042）和《2025 年半年度报告摘要》（2025-043）。 ...

[Important Notice, Table of Contents, and Definitions](index=2&type=section&id=Important%20Notice%2C%20Table%20of%20Contents%2C%20and%20Definitions) This section provides an important notice regarding the report's accuracy, outlines the report's structure, lists reference documents, and defines key terms for clarity [Important Notice](index=2&type=section&id=Important%20Notice) The Board of Directors, Supervisory Board, and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report, assuming legal responsibility - The company's Chairman Zheng Kanghao, Chief Accountant Qiu Shanqin, and Head of Accounting Department Li Yali declare the financial report is true, accurate, and complete[3](index=3&type=chunk) - Key operational risks include strategic implementation, business expansion, market uncertainty, and insufficient talent reserves[3](index=3&type=chunk) - The company plans no cash dividends, bonus shares, or capital increase from capital reserves[4](index=4&type=chunk) [Table of Contents](index=3&type=section&id=Table%20of%20Contents) This section lists the structured table of contents for the report, comprising nine main chapters from company profile to financial reports and other submitted data - The report contains nine main chapters, from company profile to financial reports and other submitted data[6](index=6&type=chunk) [Reference Documents](index=4&type=section&id=Reference%20Documents) This section provides a list of reference documents for the reporting period, including signed and sealed financial statements and publicly disclosed company documents - Reference documents include signed and sealed financial statements and original copies of publicly disclosed company documents[8](index=8&type=chunk)[9](index=9&type=chunk) - All reference documents are available at the company's Board of Directors Office[9](index=9&type=chunk) [Definitions](index=5&type=section&id=Definitions) This section defines common terms used in the report, covering company and subsidiary names, related parties, and semiconductor industry-specific terminology - Defines company, subsidiary, and related party names, such as Huangting International, Huangting Group, Rongfa Investment, Yifa Power[11](index=11&type=chunk) - Explains semiconductor industry professional terms, including SBD (Schottky Barrier Diode), FRD (Fast Recovery Diode), IGBT (Insulated Gate Bipolar Transistor), Fabless (fabless design model), MOSFET, SiC (Silicon Carbide), GaN (Gallium Nitride), IDM (Integrated Device Manufacturer)[11](index=11&type=chunk) [Company Profile and Key Financial Indicators](index=6&type=section&id=Company%20Profile%20and%20Key%20Financial%20Indicators) This section provides an overview of the company's basic information, contact details, and key financial performance metrics for the reporting period [I. Company Profile](index=6&type=section&id=I.%20Company%20Profile) Shenzhen Huangting International Enterprise Co., Ltd. is listed on the Shenzhen Stock Exchange with stock codes 000056 and 200056, and its legal representative is Zheng Kanghao Company Basic Information | Indicator | Content | | :--- | :--- | | Stock Abbreviation | Huangting International, Huangting B | | Stock Code | 000056, 200056 | | Listing Exchange | Shenzhen Stock Exchange | | Chinese Name | 深圳市皇庭国际企业股份有限公司 | | Legal Representative | Zheng Kanghao | [II. Contact Person and Information](index=6&type=section&id=II.%20Contact%20Person%20and%20Information) The company's Board Secretary is Wu Kai, with contact details including address, phone, fax, and email Board Secretary Contact Information | Name | Wu Kai | | :--- | :--- | | Contact Address | Unit 28A01, Huangting Building, Gangxia, Fuhua Road 350, Futian Street, Futian District, Shenzhen | | Phone | (0755) 82281888 | | Fax | (0755) 82566573 | | Email | wuk2927@163.com | [III. Other Information](index=6&type=section&id=III.%20Other%20Information) The company's registered address, office address, website, email, information disclosure website, media name, and storage location remained unchanged during the reporting period - Company contact information, information disclosure, and storage locations remained unchanged during the reporting period, as detailed in the 2024 annual report[14](index=14&type=chunk)[15](index=15&type=chunk) [IV. Key Accounting Data and Financial Indicators](index=6&type=section&id=IV.%20Key%20Accounting%20Data%20and%20Financial%20Indicators) The company's 2025 semi-annual operating revenue decreased by **18.48%** year-on-year, net profit attributable to shareholders decreased by **24.62%**, and net cash flow from operating activities decreased by **31.77%** Key Accounting Data and Financial Indicators (Year-on-Year Change) | Indicator | Current Reporting Period (RMB) | Prior Year Period (RMB) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 290,237,323.45 | 356,020,028.14 | -18.48% | | Net Profit Attributable to Shareholders of Listed Company | -185,409,588.39 | -148,781,752.43 | -24.62% | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-Recurring Gains and Losses) | -194,006,917.05 | -152,232,548.09 | -27.44% | | Net Cash Flow from Operating Activities | 103,382,904.90 | 151,511,852.26 | -31.77% | | Basic Earnings Per Share (RMB/share) | -0.16 | -0.13 | -23.08% | | Diluted Earnings Per Share (RMB/share) | -0.16 | -0.13 | -23.08% | | Weighted Average Return on Net Assets | -69.98% | -16.17% | -53.81% | | Total Assets | 7,930,055,825.70 | 8,033,395,570.22 | -1.29% | | Net Assets Attributable to Shareholders of Listed Company | 172,246,176.46 | 357,655,764.85 | -51.84% | [V. Differences in Accounting Data Under Domestic and Overseas Accounting Standards](index=7&type=section&id=V.%20Differences%20in%20Accounting%20Data%20Under%20Domestic%20and%20Overseas%20Accounting%20Standards) The company reported no differences in net profit and net assets between financial reports prepared under international or overseas accounting standards and Chinese accounting standards during the reporting period - The company reported no differences in accounting data under domestic and overseas accounting standards during the reporting period[18](index=18&type=chunk)[19](index=19&type=chunk) [VI. Non-Recurring Gains and Losses Items and Amounts](index=7&type=section&id=VI.%20Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) The company's total non-recurring gains and losses for the reporting period amounted to **RMB 8,597,328.66**, primarily including disposal gains/losses on non-current assets, government grants, reversal of impairment provisions for receivables, and other non-operating income/expenses Non-Recurring Gains and Losses Items and Amounts | Item | Amount (RMB) | Explanation | | :--- | :--- | :--- | | Gains/losses on disposal of non-current assets | -6,857,251.67 | | | Government grants recognized in current profit or loss | 32,544.36 | | | Reversal of impairment provisions for receivables subject to separate impairment testing | 15,723,480.60 | Recovery of individually impaired receivables in current period | | Other non-operating income and expenses apart from the above | -1,394,452.72 | | | Less: Income tax impact | -1,296,450.26 | | | Impact on minority interests (after tax) | 203,442.17 | | | Total | 8,597,328.66 | | - The company does not classify non-recurring gains and losses as recurring gains and losses[22](index=22&type=chunk) [Management Discussion and Analysis](index=8&type=section&id=Management%20Discussion%20and%20Analysis) This section analyzes the company's main businesses, core competencies, financial performance, asset and liability status, investment activities, and risks during the reporting period [I. Company's Main Businesses During the Reporting Period](index=8&type=section&id=I.%20Company's%20Main%20Businesses%20During%20the%20Reporting%20Period) The company primarily operates in commercial management, property management, and power semiconductors, with the latter focusing on chip design, manufacturing, and sales for various industrial and consumer applications - Commercial management business includes commercial real estate operation, asset management, and related services, utilizing a "self-owned + master lease + entrusted management" model[24](index=24&type=chunk) - Property management business, provided by subsidiary Huangting Business Services, manages various property types including commercial offices and residential properties[24](index=24&type=chunk) - Power semiconductor business, operated by subsidiary Yifa Power, engages in chip design, manufacturing, and sales, boasting an annual production capacity of **360,000 6-inch power wafers** with core products like FRD, SBD, MOSFET, and IGBT[24](index=24&type=chunk) [II. Analysis of Core Competencies](index=8&type=section&id=II.%20Analysis%20of%20Core%20Competencies) The company possesses advantages in talent, technology, and business model within the power semiconductor sector, alongside strong brand recognition, diversified business synergy, and extensive operational experience in commercial management - **Power Semiconductor Sector:** - Talent Advantage: Possesses multiple integrated