盈方微电子股份有限公司（以下简称"公司"）于 2025 年 4 月 22 日在巨潮 资讯网（www.cninfo.com.cn）上披露了《2024 年年度报告》《2024 年年度审计 报告》。经事后审核发现，公司报告中部分信息存在错误，现对《2024 年年度报 告》《2024 年年度审计报告》相关内容予以更正，相关更正信息不影响公司报告 期财务状况、经营成果和现金流状况。具体更正如下： 证券代码：000670 证券简称：盈方微 公告编号：2025-042 盈方微电子股份有限公司 关于 2024 年年度报告、审计报告更正的公告 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、"第三节管理层讨论与分析"之"四、主营业务分析"之"2、收入与成 本"之"（1）营业收入构成"之"（2）占公司营业收入或营业利润 10%以上的行 业、产品、地区、销售模式的情况" 更正前： （2）占公司营业收入或营业利润 10%以上的行业、产品、地区、销售模式的情况 单位：元 | | 营业收入 | 营业成本 | 毛利率 | 营业收入比上 | 营业成本比上 | 毛利率比上 | | --- ...

目 录 | 二、财务报表……………………………………………………… 第 8—15 | | 页 | | --- | --- | --- | | （一）合并资产负债表…………………………………………… | 第 8 | 页 | | （二）母公司资产负债表………………………………………… | 第 9 | 页 | | （三）合并利润表…………………………………………………第 | 10 | 页 | | （四）母公司利润表………………………………………………第 | 11 | 页 | | | | 一、审计报告……………………………………………………… 第 1—7 页 （五）合并现金流量表……………………………………………第 12 页 （六）母公司现金流量表…………………………………………第 13 页 （七）合并所有者权益变动表……………………………………第 14 页 （八）母公司所有者权益变动表…………………………………第 15 页 审 计 报 告 天健审〔2025〕6041 号 盈方微电子股份有限公司全体股东： 一、审计意见 我们审计了盈方微电子股份有限公司（以下简称盈方微公司）财务报表，包 括 2024 年 12 月 3 ...

[Part I Important Notice, Table of Contents and Definitions](index=2&type=section&id=Part%20I%20Important%20Notice%2C%20Table%20of%20Contents%20and%20Definitions) This section provides crucial disclaimers, defines key terms, and outlines the report's structure [Important Notice](index=2&type=section&id=Important%20Notice) The company's board, supervisory board, and senior management ensure the annual report's truthfulness, accuracy, and completeness, while highlighting forward-looking statements and risks such as high supplier/customer concentration, low net assets, and goodwill impairment - The company's responsible persons, chief accountant, and accounting department head declare the financial report in the annual report is true, accurate, and complete[4](index=4&type=chunk) - The report highlights potential future risks including high supplier and customer concentration, low net assets, goodwill impairment, and inventory risks[4](index=4&type=chunk) - The company's 2024 profit distribution plan is to not distribute cash dividends, bonus shares, or convert capital reserves into share capital[6](index=6&type=chunk) [Definitions](index=5&type=section&id=Definitions) This chapter defines key company entities, shareholder abbreviations, regulatory bodies, and financial terms used in the report, providing a foundation for understanding its content - The reporting period is defined as January 1, 2024, to December 31, 2024[11](index=11&type=chunk) - The company's main operating entities include wholly-owned subsidiary Shanghai Ingenic and controlling subsidiaries Huaxinke (Shenzhen Huaxinke Technology Co., Ltd.) and World Style[11](index=11&type=chunk) [Part II Company Profile and Key Financial Indicators](index=6&type=section&id=Part%20II%20Company%20Profile%20and%20Key%20Financial%20Indicators) This section presents the company's fundamental information and a comprehensive overview of its financial performance and position [Company Basic Information](index=6&type=section&id=Company%20Information) This chapter provides Ingenic Semiconductor Co., Ltd.'s basic business registration details, including stock code (000670), legal representative, registered and office addresses, contact information, and disclosure channels Company Basic Information | Item | Information | | :--- | :--- | | Stock Abbreviation | Ingenic | | Stock Code | 000670 | | Legal Representative | Shi Haoliang | | Registered Address | Room 1102, 1103, Jinggu Building, No. 282 Beijing Middle Road, Shashi District, Jingzhou City, Hubei Province | | Office Address | Unit 03/05, 5th Floor, No. 799 Tianshan West Road, Changning District, Shanghai | - The company's appointed accounting firm is Tianjian Certified Public Accountants (Special General Partnership)[17](index=17&type=chunk) [Key Accounting Data and Financial Indicators](index=7&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) In 2024, the company achieved RMB 4.081 billion in operating revenue, a 17.72% increase, but net loss attributable to shareholders widened by 3.19% to RMB -61.97 million, while operating cash flow significantly improved to RMB 210 million 2024 Key Financial Data | Indicator | 2024 (RMB) | 2023 (RMB) | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 4,081,308,642.91 | 3,466,949,892.09 | 17.72% | | Net Profit Attributable to Parent Company Shareholders | -61,970,390.25 | -60,057,541.89 | -3.19% | | Net Cash Flow from Operating Activities | 209,921,634.67 | -143,303,957.67 | 246.49% | | Basic Earnings Per Share (RMB/share) | -0.0759 | -0.0735 | -3.27% | | Total Assets | 1,783,275,882.79 | 2,001,072,330.07 | -10.88% | | Net Assets Attributable to Parent Company Shareholders | 47,317,783.82 | 37,172,661.95 | 27.29% | [Quarterly Key Financial Indicators](index=8&type=section&id=Quarterly%20Key%20Financial%20Indicators) The company recorded net losses in all four quarters of 2024, with Q4 showing the largest loss, while operating revenue peaked in Q4 and cash flow from operations was positive for the year 2024 Quarterly Financial Indicators (Unit: RMB) | Indicator | Q1 | Q2 | Q3 | Q4 | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 970,218,416.49 | 874,273,388.13 | 1,082,534,266.79 | 1,154,282,571.50 | | Net Profit Attributable to Parent Company Shareholders | -3,276,270.44 | -19,126,126.68 | -14,118,165.11 | -25,449,828.02 | | Net Cash Flow from Operating Activities | 94,210,066.09 | 109,952,219.95 | -100,929,260.14 | 106,688,608.77 | [Non-recurring Gains and Losses Items and Amounts](index=8&type=section&id=Non-recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) In 2024, the company's non-recurring gains and losses totaled RMB 1.46 million, an increase from RMB 0.47 million in the prior year, primarily driven by government subsidies and reversal of impairment provisions 2024 Non-recurring Gains and Losses Items (Unit: RMB) | Item | 2024 Amount | | :--- | :--- | | Gains/losses on disposal of non-current assets | -7,388.10 | | Government grants recognized in current profit/loss | 535,541.44 | | Reversal of impairment provisions for receivables subject to individual impairment testing | 481,063.00 | | Other gains/losses meeting the definition of non-recurring items | 943,396.24 | | **Total** | **1,459,501.12** | [Part III Management Discussion and Analysis](index=10&type=section&id=Part%20III%20Management%20Discussion%20and%20Analysis) This section offers an in-depth analysis of the company's industry, business operations, competitive strengths, financial performance, and future outlook [Industry Overview](index=10&type=section&id=I.%20Industry%20Overview%20During%20the%20Reporting%20Period) The global semiconductor market rebounded in 2024 with 19.1% growth, driven by emerging consumer electronics and automotive sectors, while increasing trade friction boosted demand for domestic chips and supply chains - According to World Semiconductor Trade Statistics (WSTS) data, the global semiconductor market size grew by **19.1%** in 2024, reaching **$628 billion**, indicating a bottoming out and recovery in industry sentiment[27](index=27&type=chunk) - Downstream electronics manufacturers are increasingly prioritizing supply chain security, leading to growing demand from domestic clients for国产 (domestic) chips and supply chains[28](index=28&type=chunk) [Main Businesses](index=10&type=section&id=II.%20Main%20Businesses%20During%20the%20Reporting%20Period) The company's main operations include electronic component distribution through Huaxinke and World Style, and integrated circuit chip R&D, design, and sales via its Fabless model subsidiary, Shanghai Ingenic - Electronic component distribution business: Provides integrated services including product distribution, technical support, and supply chain support to customers, with products primarily applied in mobile phones, network communications, smart devices, and automotive electronics industries[30](index=30&type=chunk) - Integrated circuit chip business: Operates on a Fabless model, focusing on chip R&D and design, outsourcing manufacturing, packaging, and testing, while actively expanding design services[33](index=33&type=chunk) [Core Competitiveness Analysis](index=11&type=section&id=III.%20Core%20Competitiveness%20Analysis) The company's core strengths include strong supplier and customer relationships, high brand recognition in distribution, superior per capita output and inventory turnover, robust supply chain and technical service capabilities, and a stable, professional management team - Established long-term and close cooperative relationships with numerous renowned suppliers (e.g., Goodix Technology, Vanchip, Samsung Electro-Mechanics) and leading customers (e.g., Xiaomi, Wingtech Technology, Ofilm)[34](index=34&type=chunk) - Controlling subsidiaries Huaxinke and World Style ranked **16th** among Chinese electronic component distributors and **42nd** globally in 2023, demonstrating a strong brand advantage[36](index=36&type=chunk) - The core management personnel of the company's distribution business possess over **10 years** of industry experience, ensuring a stable and professional team[40](index=40&type=chunk) [Main Business Analysis](index=12&type=section&id=IV.%20Main%20Business%20Analysis) In 2024, the company's operating revenue grew by 17.72% to RMB 4.081 billion, primarily driven by electronic component distribution, while management expenses increased due to equity incentives and R&D expenses significantly decreased, with operating cash flow turning positive - The electronic component distribution business expanded its product lines by acquiring a controlling stake in Yicun Storage and obtaining distribution rights for Yangtze Memory Technologies Co. (YMTC)[44](index=44&type=chunk) Key Expense Changes | Expense Item | 2024 (RMB) | 2023 (RMB) | YoY Change | Primary Reason | | :--- | :--- | :--- | :--- | :--- | | Administrative Expenses | 82,905,706.62 | 61,263,244.25 | 35.33% | Increase in recognized equity incentive expenses | | R&D Expenses | 6,324,343.03 | 17,060,918.78 | -62.93% | Decrease in R&D personnel expenses | Net Cash Flow Changes (Unit: RMB) | Item | 2024 | 2023 | YoY Change | | :--- | :--- | :--- | :--- | | Net cash flow from operating activities | 209,921,634.67 | -143,303,957.67 | 246.49% | | Net cash flow from investing activities | -1,236,829.46 | -79,428,113.99 | 98.44% | | Net cash flow from financing activities | -190,658,899.28 | 212,129,296.39 | -189.88% | [Revenue and Cost Analysis](index=14&type=section&id=Revenue%20and%20Cost%20Analysis) Total revenue reached RMB 4.081 billion, up 17.72%, with electronic component distribution accounting for 99.88% of revenue, primarily from active components (88.30%), and overseas revenue making up 59.86% 2024 Operating Revenue Composition (Unit: RMB) | Category | Amount | Proportion of Operating Revenue | YoY Change | | :--- | :--- | :--- | :--- | | **By Industry** | | | | | Electronic Component Distribution | 4,076,426,972.78 | 99.88% | 17.59% | | **By Product** | | | | | Active Components | 3,603,885,433.74 | 88.30% | 19.16% | | Passive Components | 472,363,753.87 | 11.58% | 6.97% | | **By Region** | | | | | Domestic | 1,638,273,044.31 | 40.14% | 18.69% | | Overseas | 2,443,035,598.60 | 59.86% | 17.08% | - The gross profit margin for the electronic component distribution business was **4.71%**, largely consistent with **4.70%** in the prior year[54](index=54&type=chunk) - During the reporting period, the company added a new consolidated entity, "Yicun Storage Technology (Shanghai) Co., Ltd.," through acquisition[59](index=59&type=chunk) [Major Customers and Suppliers](index=16&type=section&id=Major%20Customers%20and%20Suppliers) The company exhibits high reliance on its major customers and suppliers, with the top five customers accounting for 52.25% of total sales and the top five suppliers for 67.44% of total purchases in 2024 Customer and Supplier Concentration | Item | Amount (RMB) | Proportion of Total | | :--- | :--- | :--- | | Total sales to top five customers | 2,132,540,530.78 | 52.25% | | Total purchases from top five suppliers | 2,444,148,828.93 | 67.44% | [Assets and Liabilities Analysis](index=19&type=section&id=VI.%20Assets%20and%20Liabilities%20Analysis) As of year-end 2024, total assets were RMB 1.783 billion, down 10.88%, with accounts receivable comprising 59.22% and inventory significantly decreasing by 56.92% due to increased sales - Inventory balance at year-end was **RMB 170 million**, a significant **56.92%** decrease from **RMB 396 million** at the beginning of the period, primarily due to increased sales reducing stock[70](index=70&type=chunk) - Accounts receivable book value was **RMB 1.056 billion**, accounting for **59.22%** of total assets, making it the company's most significant asset item[70](index=70&type=chunk) - The company holds a relatively high proportion of overseas assets, primarily through subsidiaries like Ingenic Hong Kong and United Wireless Hong Kong, engaged in electronic product sales[71](index=71&type=chunk) [Analysis of Major Holding and Participating Companies](index=22&type=section&id=IX.%20Analysis%20of%20Major%20Holding%20and%20Participating%20Companies) The company's primary profits stem from its electronic component distribution subsidiaries, with United Wireless Hong Kong achieving RMB 66.97 million in net profit and Huaxinke RMB 14.19 million, while the R&D-focused Shanghai Ingenic incurred a loss of RMB 25.67 million Major Subsidiaries' 2024 Operating Performance (Unit: RMB) | Company Name | Main Business | Operating Revenue | Net Profit | | :--- | :--- | :--- | :--- | | Shanghai Ingenic | R&D, Design and Sales | 50,704,159.11 | -25,671,070.80 | | Huaxinke | Electronic Component Distribution | 1,423,717,294.03 | 14,190,295.27 | | United Wireless Hong Kong | Electronic Component Distribution | 2,519,329,234.39 | 66,972,574.35 | [Outlook on Company's Future Development](index=23&type=section&id=XI.%20Outlook%20on%20Company's%20Future%20Development) The company plans to increase investment in distribution, expand product lines, explore M&A opportunities, and focus on key customers, digital transformation, and domestic chip process advancement, while addressing risks like authorization, concentration, low net assets, and goodwill impairment - Future development strategy: Increase investment in distribution business, expand new product lines, optimize product structure, and opportunistically pursue industry mergers and acquisitions[87](index=87&type=chunk) - 2025 operating plan: Deepen engagement with key customers, introduce new product lines, promote digital transformation of the supply chain, and continue advancing domestic chip manufacturing processes[88](index=88&type=chunk)[89](index=89&type=chunk) - Key risks faced by the company include: risk of cancellation of important product line authorizations, high supplier and customer concentration (top five suppliers account for **67.44%**, top five customers for **52.25%**), low net assets (**RMB 47.3178 million**), goodwill impairment (book value **RMB 455 million**), accounts receivable recovery (accounting for **59.22%** of total assets), inventory, and exchange rate risks[90](index=90&type=chunk)[91](index=91&type=chunk)[92](index=92&type=chunk)[94](index=94&type=chunk)[96](index=96&type=chunk)[97](index=97&type=chunk)[98](index=98&type=chunk) [Part IV Corporate Governance](index=27&type=section&id=Part%20IV%20Corporate%20Governance) This section details the company's governance structure, including information on its board, supervisors, senior management, employees, and equity incentive plans [Basic Status of Corporate Governance](index=27&type=section&id=I.%20Basic%20Status%20of%20Corporate%20Governance) During the reporting period, the company strictly adhered to relevant laws and regulations, continuously improving its corporate governance structure, which aligns with CSRC requirements across various aspects including shareholder relations, board, supervisory board, and information disclosure - The company's actual corporate governance status complies with the normative documents on listed company governance issued by the China Securities Regulatory Commission[102](index=102&type=chunk) - The company is independent from its largest shareholder in terms of business, personnel, assets, organization, and finance, possessing independent business and operational autonomy[102](index=102&type=chunk)[106](index=106&type=chunk) [Information on Directors, Supervisors and Senior Management](index=29&type=section&id=V.%20Information%20on%20Directors%2C%20Supervisors%20and%20Senior%20Management) This chapter details the basic information, tenure, shareholding changes, and compensation of the company's directors, supervisors, and senior management, noting the repurchase and cancellation of restricted shares due to unfulfilled equity incentive performance targets - During the reporting period, several directors and senior executives had portions of their restricted shares repurchased and cancelled due to unfulfilled equity incentive performance targets, resulting in a total reduction of **3.9 million shares**[111](index=111&type=chunk) Compensation of Selected Directors, Supervisors, and Senior Management in 2024 (Unit: RMB million) | Name | Position | Total Pre-tax Compensation from Company | | :--- | :--- | :--- | | Zhang Yun | Director, General Manager | 0.9 | | Wang Fang | Director, Board Secretary | 0.82 | | Li Jiawei | Director, Deputy General Manager | 0.585 | | Li Ming | CFO | 0.65 | | **Total** | **--** | **4.1484** | [Company Staff Information](index=35&type=section&id=IX.%20Company%20Staff%20Information) As of the end of the reporting period, the company had 129 employees, including 46 sales and 32 technical personnel, with 46.5% holding bachelor's degrees or higher, supported by a compensation, assessment, and equity incentive system aligned with its development strategy Employee Professional Composition | Professional Category | Number of Employees | | :--- | :--- | | Sales Personnel | 46 | | Technical Personnel | 32 | | Financial Personnel | 16 | | Administrative Personnel | 35 | | **Total** | **129** | [Implementation of Equity Incentive Plans](index=37&type=section&id=XI.%20Implementation%20of%20Equity%20Incentive%20Plans%2C%20Employee%20Stock%20Ownership%20Plans%20or%20Other%20Employee%20Incentive%20Measures) Due to unfulfilled performance targets for the first vesting/exercise period of the 2023 restricted stock and stock option incentive plan, the company repurchased and cancelled 9.798 million restricted shares and 8.415 million stock options from 23 incentive recipients, reducing its total share capital - Due to unfulfilled performance targets for the first exercise period of the 2023 equity incentive plan, the company repurchased and cancelled **9,798,000** restricted shares and **8,415,000** stock options[140](index=140&type=chunk) - Following the repurchase and cancellation, the company's total share capital changed from **849,287,360 shares** to **839,489,360 shares**[140](index=140&type=chunk) [Part V Environmental and Social Responsibility](index=41&type=section&id=Part%20V%20Environmental%20and%20Social%20Responsibility) This section outlines the company's commitment to environmental protection and its broader social responsibilities [Environmental and Social Responsibility](index=41&type=section&id=Environmental%20and%20Social%20Responsibility) The company and its subsidiaries are not designated as key polluting entities and have no environmental pollution issues, demonstrating a commitment to fulfilling social responsibilities by safeguarding stakeholder interests and operating legally - Neither the company nor its subsidiaries are designated as key polluting entities by environmental protection authorities, and there are no instances of environmental pollution[151](index=151&type=chunk)[152](index=152&type=chunk) - The company prioritizes safeguarding stakeholder interests, protecting employee rights, preserving customer and supplier benefits, and fulfilling corporate social responsibility[153](index=153&type=chunk)[154](index=154&type=chunk) [Part VI Significant Matters](index=42&type=section&id=Part%20VI%20Significant%20Matters) This section reports on major events, including related party transactions and other material developments affecting the company [Significant Related Party Transactions](index=46&type=section&id=XIV.%20Significant%20Related%20Party%20Transactions) During the reporting period, the company had significant intercompany borrowings with its largest shareholder, Zhejiang Shun Yuan Enterprise Management Co., Ltd., with a year-end balance of RMB 562 million, and waived its pre-emptive rights for a 49% stake in Huaxinke and World Style Related Party Debt Transactions with Largest Shareholder (Unit: RMB million) | Related Party | Beginning Balance | New Additions This Period | Repayments This Period | Interest This Period | Ending Balance | | :--- | :--- | :--- | :--- | :--- | :--- | | Zhejiang Shun Yuan Enterprise Management Co., Ltd. | 626.7712 | 174 | 259.2974 | 20.8339 | 562.3077 | - The company's wholly-owned subsidiary, Shanghai Ingenic, waived its pre-emptive right to acquire a combined **49%** equity stake in controlling subsidiaries Huaxinke and World Style[175](index=175&type=chunk) [Other Significant Matters](index=51&type=section&id=XVI.%20Explanation%20of%20Other%20Significant%20Matters) Two major events occurred: the termination of a significant asset restructuring plan to acquire remaining stakes in Huaxinke and World Style due to insider trading allegations, and the repurchase and cancellation of equity incentive shares and options due to unfulfilled performance targets - On October 25, 2024, the company decided to terminate the significant asset restructuring plan involving issuing shares and paying cash to acquire assets and raise supporting funds[189](index=189&type=chunk) - The company repurchased and cancelled **9,798,000** restricted shares and **8,415,000** stock options, leading to a reduction in total share capital[191](index=191&type=chunk) [Part VII Share Changes and Shareholder Information](index=53&type=section&id=Part%20VII%20Share%20Changes%20and%20Shareholder%20Information) This section provides details on changes in the company's share capital and information regarding its shareholders and actual control [Share Changes](index=53&type=section&id=I.%20Share%20Changes) During the reporting period, the company repurchased and cancelled 9,798,000 restricted shares due to unfulfilled performance targets of the 2023 equity incentive plan, reducing its total share capital from 849,287,360 shares to 839,489,360 shares Share Changes (Unit: Shares) | Share Class | Before This Change | Increase/Decrease in This Change | After This Change | | :--- | :--- | :--- | :--- | | I. Restricted Shares | 127,180,648 | -9,798,000 | 117,382,648 | | II. Unrestricted Shares | 722,106,712 | 0 | 722,106,712 | | **III. Total Shares** | **849,287,360** | **-9,798,000** | **839,489,360** | [Shareholders and Actual Controller Information](index=55&type=section&id=III.%20Shareholders%20and%20Actual%20Controller%20Information) As of the reporting period end, the company had 146,712 shareholders and no controlling shareholder or actual controller due to its dispersed equity structure, with Zhejiang Shun Yuan Enterprise Management Co., Ltd. as the largest shareholder at 14.77% - The company has no controlling shareholder or actual controller; due to its dispersed equity structure, no single shareholder can significantly influence general meeting resolutions or determine the appointment of more than half of the board members[205](index=205&type=chunk)[207](index=207&type=chunk)[208](index=208&type=chunk) Top Three Shareholders' Shareholding | Shareholder Name | Number of Shares Held (Shares) | Shareholding Percentage | | :--- | :--- | :--- | | Zhejiang Shun Yuan Enterprise Management Co., Ltd. | 124,022,984 | 14.77% | | Orient Securities Co., Ltd. | 52,132,865 | 6.21% | | Guoxin Securities Co., Ltd. | 20,600,624 | 2.45% | [Part X Financial Report](index=60&type=section&id=Part%20X%20Financial%20Report) This section contains the audited financial statements and the auditor's report, presenting a detailed view of the company's financial health [Audit Report](index=60&type=section&id=I.%20Audit%20Report) Tianjian Certified Public Accountants (Special General Partnership) issued a standard unqualified audit opinion on the company's 2024 financial statements, highlighting revenue recognition, accounts receivable impairment, and goodwill impairment as key audit matters - The audit opinion type is a standard unqualified opinion[218](index=218&type=chunk) - Key audit matters include: * **Revenue Recognition**: Operating revenue is a key performance indicator, and there is an inherent risk of management inappropriately recognizing revenue * **Accounts Receivable Impairment**: Accounts receivable are material (**RMB 1.074 billion**), and their impairment involves significant management judgment * **Goodwill Impairment**: Goodwill book value is material (**RMB 436 million**), and its impairment testing involves significant management judgment[221](index=221&type=chunk)[224](index=224&type=chunk)[228](index=228&type=chunk) [Financial Statements](index=65&type=section&id=II.%20Financial%20Statements) The 2024 financial statements show total assets of RMB 1.783 billion, total liabilities of RMB 1.387 billion, and owners' equity attributable to the parent of RMB 47.32 million, with operating revenue of RMB 4.081 billion, a net loss of RMB 61.97 million, and significantly improved operating cash flow of RMB 210 million Consolidated Balance Sheet Key Items (Unit: RMB) | Item | Period-end Balance | Period-start Balance | | :--- | :--- | :--- | | Total Assets | 1,783,275,882.79 | 2,001,072,330.07 | | Total Liabilities | 1,387,292,773.10 | 1,664,851,648.62 | | Owners' Equity Attributable to Parent Company | 47,317,783.82 | 37,172,661.95 | Consolidated Income Statement Key Items (Unit: RMB) | Item | 2024 | 2023 | | :--- | :--- | :--- | | Operating Revenue | 4,081,308,642.91 | 3,466,949,892.09 | | Operating Profit | -7,044,246.85 | -20,760,588.30 | | Net Profit Attributable to Parent Company Shareholders | -61,970,390.25 | -60,057,541.89 | Consolidated Cash Flow Statement Key Items (Unit: RMB) | Item | 2024 | 2023 | | :--- | :--- | :--- | | Net cash flow from operating activities | 209,921,634.67 | -143,303,957.67 | | Net cash flow from investing activities | -1,236,829.46 | -79,428,113.99 | | Net cash flow from financing activities | -190,658,899.28 | 212,129,296.39 |

Performance Forecast - The company expects a net loss attributable to shareholders of between 26 million to 36 million yuan for the current reporting period, compared to a loss of 22.4024 million yuan in the same period last year [1] - The net profit after deducting non-recurring gains and losses is projected to be between 26.08 million to 36.08 million yuan, compared to a loss of 23.258 million yuan in the previous year [1] - The basic earnings per share are estimated to be a loss of 0.0318 to 0.0441 yuan per share, compared to a loss of 0.0274 yuan per share in the prior year [1] Reasons for Performance Change - The company's subsidiaries, Shenzhen Huaxin Technology Co., Ltd. and WORLD STYLE TECHNOLOGY HOLDINGS LIMITED, have actively expanded their distribution markets, resulting in steady growth in operating income [1] - The negative net profit for the first half of 2025 is primarily due to market impacts, including a decline in sales prices of certain distribution products and low gross margins from new product lines currently in development, leading to an overall decrease in gross margin [1] - Additional factors contributing to the loss include financial interest expenses from financing and share-based payment expenses related to the implementation of the company's equity incentive plan [1]

[Core Performance Forecast Data](index=1&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E8%AE%A1%E6%83%85%E5%86%B5) The company anticipates a net loss for the first half of 2025, ranging from **26 million yuan to 36 million yuan**, an increase from the **22.40 million yuan** loss in the same period last year 2025 Semi-Annual Performance Forecast | Item | Current Period (2025 H1) | Prior Period (2024 H1) | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders of Listed Company | Loss: 26 million yuan - 36 million yuan | Loss: 22.40 million yuan | | Net Profit After Deducting Non-Recurring Gains and Losses | Loss: 26.08 million yuan - 36.08 million yuan | Loss: 23.26 million yuan | | Basic Earnings Per Share | Loss: 0.0318 yuan/share - 0.0441 yuan/share | Loss: 0.0274 yuan/share | - The company explicitly forecasts a negative net profit for the current period[3](index=3&type=chunk) [Auditor's Opinion Statement](index=1&type=section&id=%E4%BA%8C%E3%80%81%E4%B8%8E%E4%BC%9A%E8%AE%A1%E5%B8%88%E4%BA%8B%E5%8A%A1%E6%89%80%E6%B2%9F%E9%80%9A%E6%83%85%E5%86%B5) The financial data in this performance forecast has not been pre-audited by an accounting firm, and its accuracy awaits confirmation in the final report - The financial data related to this performance forecast has not been pre-audited by an accounting firm[3](index=3&type=chunk) [Analysis of Performance Changes](index=1&type=section&id=%E4%B8%89%E3%80%81%E4%B8%9A%E7%BB%A9%E5%8F%98%E5%8A%A8%E5%8E%9F%E5%9B%A0%E8%AF%B4%E6%98%8E) Despite steady revenue growth from subsidiaries, the company's overall net profit remains negative, primarily due to declining gross margins in distribution business and increased financial and equity incentive expenses - Positive Factors: Key subsidiaries (Shenzhen Huaxinke Technology Co., Ltd. and WORLD STYLE TECHNOLOGY HOLDINGS LIMITED) achieved steady revenue growth by expanding their distribution markets[4](index=4&type=chunk) - Negative Factors (leading to loss): - **Gross Margin Decline**: Affected by market conditions, the selling prices of some distribution products decreased, and new product lines are still in the development phase with lower gross margins - **Increased Expenses**: Financial interest expenses were recognized due to financing, and share-based payment expenses were recognized due to the implementation of an equity incentive plan[4](index=4&type=chunk) [Risk Warning](index=1&type=section&id=%E5%9B%9B%E3%80%81%E9%A3%8E%E9%99%A9%E6%8F%90%E7%A4%BA) The company warns that the financial data in this performance forecast is a preliminary estimate, and the final accurate financial data will be subject to the company's officially disclosed '2025 Semi-Annual Report' - The financial data in this performance forecast is a preliminary estimate by the company's financial management department[5](index=5&type=chunk) - The specific and final financial data will be subject to the company's officially disclosed '2025 Semi-Annual Report'[6](index=6&type=chunk)

Core Viewpoint - The company expects a net loss of 26 million to 36 million yuan for the first half of 2025, indicating a deterioration compared to the previous year's loss of 22.4 million yuan [1] Financial Performance - The projected net loss for the first half of 2025 is attributed to a decline in sales prices of certain products in the distribution business and low gross margins from new product lines [1] - The overall gross margin has decreased due to these factors, alongside financial interest expenses from financing and share-based payment expenses related to the company's stock incentive plan [1]

Market Overview - On July 4, A-shares showed mixed performance with the three major indices fluctuating. The total trading volume reached 1.45 trillion yuan, an increase of 121 billion yuan compared to the previous trading day, with over 4,100 stocks declining [1] - Market focus was on stablecoins, digital currencies, and cross-border payment sectors, while banking and gaming sectors strengthened. Energy metals and small metals sectors experienced declines [1] Stock Performance - A total of 39 stocks hit the daily limit up, with 10 stocks achieving consecutive limit ups. The limit up rate was 65% (excluding ST and delisted stocks) [3] - Notable stocks included Chengbang Co., which saw a significant drop after hitting the limit up, while innovative drug concept stock Seli Medical achieved a limit up for the fourth consecutive day [3] Key Stocks and Trading Data - **Shenzhou Cell**: Increased by 16.46% with a trading volume of 20.17 million shares and a total transaction value of 1.63 billion yuan. Institutional net buying amounted to 156 million yuan [18] - **Jingxin Pharmaceutical**: Rose by 10.02% with a trading volume of 8.74 million shares and a total transaction value of 1.49 billion yuan. The company focuses on innovative drugs and medical devices [9][10] - **Hengbao Co.**: Engaged in financial technology and digital currency, with a focus on expanding overseas markets. The company reported overseas revenue of 93.62 million yuan, accounting for 10.37% of total revenue [12] - **Jingbeifang**: Engaged in stablecoin and digital currency sectors, recently signed a strategic cooperation agreement to enhance financial technology innovation [15] Institutional Trading - The top three net buying stocks by institutions were Shenzhou Cell, Hengbao Co., and Nanling Technology, with net purchases of 156 million yuan, 98.35 million yuan, and 91.73 million yuan respectively [6] - The top three net selling stocks were Haoshanghao, Jingbeifang, and Yingfangwei, with net sales of 110 million yuan, 105 million yuan, and 72.72 million yuan respectively [6] Summary of Key Companies - **Jingxin Pharmaceutical**: Focuses on the mental health sector and has a first-class innovative drug expected to be listed in March 2024, with plans to enter the medical insurance payment directory [9][10] - **Hengbao Co.**: Involved in financial technology and digital security, with a focus on digital currency innovation and expanding into overseas markets [12] - **Jingbeifang**: Actively participates in the construction of key digital currency systems for major state-owned banks and aims to innovate in financial technology [15]

Market Overview - On July 4, the Shanghai Composite Index rose by 0.32%, while the Shenzhen Component Index and the ChiNext Index fell by 0.25% and 0.36% respectively [2] - A total of 54 stocks appeared on the "Dragon and Tiger List" due to significant price movements, with the highest net inflow of funds being 111 million yuan into Jingxin Pharmaceutical (002020.SZ) [3][5] Stock Performance - Jingxin Pharmaceutical saw a net purchase of 111 million yuan, accounting for 9.41% of its total trading volume, and closed up by 10.02% with a turnover rate of 11.2% [3][5] - The stock with the highest net outflow was Haoshanghao (001298.SZ), which experienced a net sell of 110 million yuan, representing 4.06% of its total trading volume, and closed down by 10.01% with a turnover rate of 49.46% [6][3] Institutional Activity - On the same day, 24 stocks on the Dragon and Tiger List had institutional participation, with institutions net buying 91,500 yuan in total [7] - The stock with the highest institutional net purchase was Shenzhou Cell (688520.SH), which closed up by 16.46% and had a turnover rate of 4.53% [7][8] Northbound Capital Flow - Northbound funds participated in 14 stocks on the Dragon and Tiger List, with a total net outflow of 243 million yuan [12] - The highest net purchase by northbound funds was also in Jingxin Pharmaceutical, amounting to 48.64 million yuan, while the highest net sell was in Jingbeifang (002987.SZ) at 180 million yuan [12][14] Summary of Institutional and Northbound Fund Activities - Institutions and northbound funds jointly net bought stocks such as Longyang Electronics, Guangsheng Hall, and Shenzhou Cell, while they jointly net sold stocks including Lingang Steel, Yingfang Micro, and Haoshanghao [14][15] - The total net purchase by institutions for Shenzhou Cell was 155.81 million yuan, while the total net sell for Haoshanghao was 249.7 million yuan [15]

1、本次担保情况 关于控股子公司之间提供担保的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别风险提示： 证券代码：000670 证券简称：盈方微 公告编号：2025-040 盈方微电子股份有限公司（以下简称"公司"）控股子公司 WORLD STYLE TECHNOLOGY HOLDINGS LIMITED（以下简称"World Style"或"保证人"） 于 2025 年 1 月 22 日出具《保证书》（以下简称"原保证书"），就控股子公司联 合（无线）香港有限公司（以下简称"联合无线香港"）、熠存存储技术（上海） 有限公司（以下简称"熠存存储"，与"联合无线香港"合称"买受人"）于 2024 年 12 月 11 日分别与长江存储科技有限责任公司（以下简称"长存有限"）、长江 存储（香港）科技有限公司（以下简称"长存香港"）签署的《经销协议》项下应 付货款在到期未清偿时提供最高额度为人民币 10,000 万元连带保证责任，具体 情况请查阅公司在巨潮资讯网上披露的相关公告（公告编号：2025-006）。 盈方微电子股份有限公司 2025 年 7 月 ...

关于为子公司提供担保的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别风险提示： 证券代码：000670 证券简称：盈方微 公告编号：2025-039 盈方微电子股份有限公司 公司及控股子公司对外担保总额超过最近一期经审计净资产 100%。公司本 次担保的被担保方上海盈方微电子有限公司资产负债率超过 70%。公司及控股子 公司不存在对合并报表外单位提供担保的情况。 一、担保情况概述 1、本次担保情况 盈方微电子股份有限公司（以下简称"公司"）全资子公司上海盈方微电子 有限公司（以下简称"上海盈方微"或"债务人"）于 2025 年 7 月 2 日与中国建 设银行股份有限公司上海长宁支行（以下简称"建设银行"）签署了《人民币流 动资金贷款合同》（以下简称"贷款合同"），上海盈方微向建设银行借款人民币 （金额大写）壹仟万元整，约定借款期限为 12 个月，即从 2025 年 7 月 2 日起至 2026 年 7 月 1 日（贷款合同项下的借款期限起始日与贷款转存凭证不一致时， 以第一次放款时的贷款转存凭证所载实际放款日期为准，贷款合同约定的借款到 期日作相应 ...