Core Viewpoint - Shenwu Energy Saving Co., Ltd. reported significant declines in revenue and net profit for the first half of 2025, indicating ongoing financial challenges and a need for strategic adjustments to improve competitiveness and profitability [1][2]. Financial Performance - The company's operating revenue for the first half of 2025 was approximately 17.32 million yuan, a decrease of 73.59% compared to 65.60 million yuan in the same period last year [6][13]. - The net profit attributable to shareholders was -7.14 million yuan, showing a 36.88% improvement from -11.30 million yuan in the previous year [6][13]. - The net cash flow from operating activities improved by 26.05%, amounting to -19.53 million yuan compared to -26.40 million yuan in the previous year [6][13]. Business Overview - The company operates primarily in three segments: Jiangsu Institute focuses on green metallurgy technology and engineering contracting, United Liben provides industrial energy-saving solutions, and Hubei Fuyou offers smart energy services [7][8][10]. - Jiangsu Institute has developed a core technology for iron reduction and is positioned to benefit from the increasing demand for green transformation in the metallurgy industry due to regulatory pressures [10][11]. Market Strategy - The company aims to enhance its competitiveness through technology-driven innovation, qualification upgrades, and deepening its business model [10][12]. - Plans include expanding market presence in provinces like Liaoning, Guizhou, Anhui, and Hubei while consolidating existing customer relationships to diversify project sources [9][10]. Key Financial Metrics - Total assets at the end of the reporting period were approximately 475.44 million yuan, a 27.20% increase from the previous year [6][13]. - The company reported a significant reduction in operating costs, with a decrease of 79.58% in operating costs compared to the previous year [13][14]. - The weighted average return on net assets was -4.93%, an improvement from -14.48% in the previous year [6][13]. Risk Management - The company has identified various operational risks and is implementing measures to mitigate these risks, focusing on cost control and project profitability [1][10].

Core Viewpoint - The company reported a significant decline in revenue and net profit for the first half of 2025, indicating ongoing financial challenges and potential governance changes due to shareholder issues [1][4][5] Financial Performance - Operating revenue for the reporting period was CNY 17,321,089.21, a decrease of 73.59% compared to CNY 65,595,801.87 in the same period last year [1] - Net profit attributable to shareholders was CNY -7,135,028.98, representing a 36.88% improvement from CNY -11,304,131.80 year-on-year [1] - The net cash flow from operating activities was CNY -19,525,637.96, an improvement of 26.05% from CNY -26,404,709.00 in the previous year [1] - Basic earnings per share were CNY -0.0111, a 37.29% improvement from CNY -0.0177 [1] Asset and Equity Position - Total assets at the end of the reporting period were CNY 475,441,232.61, an increase of 27.20% from CNY 373,764,265.43 at the end of the previous year [2] - Net assets attributable to shareholders were CNY 151,715,247.07, reflecting a 7.23% increase from CNY 141,485,543.63 [2] Shareholder Structure - The largest shareholder, Shenwu Technology Group, holds 25.15% of shares, totaling 162,600,000 shares, which are all pledged and frozen [3][4] - The company has experienced a significant reduction in shareholding by Shenwu Group, which may lead to changes in control and governance [4][5] Important Events - The company appointed new management, including a new chairman and CFO, during the annual general meeting held on May 20, 2025 [3] - The company is facing potential risks related to the judicial auction of shares held by its largest shareholder, which could impact its governance structure [4][5]

Core Viewpoint - *ST Jieneng (000820.SZ) reported a significant decline in revenue for the first half of 2025, indicating ongoing financial challenges for the company [1] Financial Performance - The company's operating revenue for the first half of 2025 was 17.32 million yuan, a year-on-year decrease of 73.59% [1] - The net loss attributable to shareholders of the listed company was 7.135 million yuan, which represents a year-on-year narrowing of 36.88% [1] - The net loss attributable to shareholders after deducting non-recurring gains and losses was 7.1241 million yuan, also showing a year-on-year narrowing of 37.67% [1] - The basic loss per share was 0.0111 yuan [1]

格隆汇8月1日丨*ST节能(000820.SZ)公布2025年半年度报告，上半年公司实现营业收入1732.11万元，同 比下降73.59%；归属于上市公司股东的净利润-713.50万元；归属于上市公司股东的扣除非经常性损益 的净利润-712.41万元；基本每股收益-0.0111元。 ...

证券代码：000820 证券简称：*ST 节能 公告编号：2025-051 神雾节能股份有限公司 关于续聘 2025 年度审计机构和内控审计机构的公告 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。 特别提示： 本次续聘审计机构符合财政部、国务院国资委、证监会印发的《国有企业、 上市公司选聘会计师事务所管理办法》（财会〔2023〕4 号）的规定。 神雾节能股份有限公司（以下简称"公司"、"神雾节能"）于 2025 年 8 月 1 日召开第十届董事会第二次会议，审议通过了《关于续聘 2025 年度审计机 构和内控审计机构的议案》，公司董事会同意续聘中审众环会计师事务所（特殊 普通合伙）（以下简称"中审众环"）为公司 2025 年度审计机构及内部控制审 计机构。该议案尚需提交公司股东会审议通过，现将相关事宜公告如下： 一、续聘会计师事务所事项的情况说明 中审众环具备从事证券、期货相关业务资格，该所担任公司 2019 年度—2024 年度财务审计及内控审计机构期间，遵循《中国注册会计师审计准则》及内控审 计相关规则规定，坚持独立、客观、公正的审计准则，勤勉尽责，公允 ...

证券代码：000820 证券简称：*ST 节能 公告编号：2025-052 一、本次计提信用减值准备的情况 根据《企业会计准则》《深圳证券交易所上市公司自律监管指引第 1 号—— 主板上市公司规范运作》等相关规定的要求，基于谨慎性原则，为了更加真实、 准确地反映公司 2025 年上半年度资产状况和经营成果，公司对截至 2025 年 6 月 30 日合并报表范围内的应收账款、其他应收款、应收票据进行了减值测试，判断 存在发生减值的迹象，并根据会计准则对相关款项按组合计提坏账准备 5,937,625.50 元。 二、信用减值准备计提依据 | 项 目 | 确定组合的依据 | | --- | --- | | 单项金额重大的判决依 | 公司将单项金额 1,000 万元以上，或占年末应收款项余额的 10%以上（含 | | 据或金额标准 | 10%）的部分确定为单项金额重大的应收款项。 | | 单项金额重大并单项计 | 对单项金额重大的应收款项单独进行减值测试，单独测试后存在减值的，根 | | 提坏账准备的计提方法 | 据其未来现金流量现值低于其账面价值的差额确认减值损失，计提坏账准 | | | 备；单独测试后不存在减值的 ...

合 并 资 产 负 债 表 编制单位：神雾节能股份有限公司 2025年6月30日 金额单位：人民币元 项 目 期末余额 年初余额 流动资产： 货币资金 16,448,470.54 7,637,416.78 以公允价值计量且其变动计入当期损益的金 - - 衍生金融资产 - - 应收票据 1,342,000.00 1,627,500.00 应收账款 280,256, 104.53 288,718,774. 18 减：应收账款坏账准备 145,453,790.64 139,974,222. 18 应收账款净额 134,802,313.89 148,744,552.00 应收款项融资 1, 189,301.92 2,366,578.50 预付款项 141,849,722.84 35,407,260.07 应收利息 - - 应收股利 - - 其他应收款 9,551,451. 13 8,092,083.29 减：其他应收款坏账准备 2,087,343.30 2,009,686.26 其他应收款净额 7,464, 107.83 6,082,397.03 存货 4,283,560.25 2,889,858.08 合同资产 - ...

-267- | 属企业 | | | | | --- | --- | --- | --- | | 总计 | l | - | I | 注:①表中非经营性占用部分,关联方范围依照《股票上市规则》确定。 2无控股股东、实际控制人的公司，存在第一大股东或第一大股东关联人非经营性占用资金的，也应填写本表非经营性占用部分。 单位:万元 | 非经营性资金占用 | 资金占 開方名 | 占用方与上 上市公司核 2025年期 市公司的会 算的会计科 初占用资 | 2025年半年 度占用累计 | 2025年未年 2025年未年 2025年未在 | | | 占用形 | 占用性质 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 度占用资金 度偿还累计 度期末占用 | | | | | | | 称 | 目 金余额 联关系 | 发生 颔( 不 | 的利息(如 | 发生金额 | 资金余额 | 成原因 | | | | | | 含利 | | | | | | | | | | | 有) | | | | | | | | | 息) | | | | | | | 控股股东、 ...

证券代码：000820 证券简称：*ST 节能 公告编号：2025-050 神雾节能股份有限公司 第十届董事会第二次会议决议公告 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。 一、会议召开情况 神雾节能股份有限公司（以下简称"公司"）第十届董事会第二次会议于 2025 年 7 月 22 日以通讯形式发出会议通知，于 2025 年 8 月 1 日以现场结合通讯方 式召开。应出席本次会议的董事 9 人，实际出席本次会议的董事 9 人，其中，董 事郭永生、崔博，独立董事丁晓殊、钱传海、王绍佳以通讯形式出席会议，董事 朱林、余良程、董郭静、肖敏现场出席会议。 会议由公司董事长朱林先生主持，公司部分高管列席了会议。会议的召集、 召开符合《中华人民共和国公司法》及《公司章程》的规定。 二、会议审议情况 本次会议经审议表决通过了如下议案： 1、审议《关于公司 2025 年半年度报告及摘要的议案》 经审核，董事会认为公司 2025 年半年度报告的编制及审议程序符合法律、 行政法规及中国证监会的规定，报告内容真实、准确、完整地反映了公司 2025 年上半年的实际经营情况，不存 ...

神雾节能股份有限公司 2025 年半年度报告全文 神雾节能股份有限公司 2025 年半年度报告 【2025 年 8 月】 神雾节能股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 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、准确、 完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法 律责任。 公司负责人朱林、主管会计工作负责人王乐军及会计机构负责人(会计主 管人员)王乐军声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本报告所涉及的公司未来展望、经营计划等前瞻性陈述不构成对投资者的 实质承诺，投资者及相关人士均应当对此保持足够的风险认识，并且应当理 解计划、预测与承诺之间的差异，请认真阅读注意风险。 公司在本报告第三节"管理层讨论与分析"中"十、公司面临的风险和应 对措施"部分，详细描述了公司经营中可能存在的风险，敬请投资者关注相 关内容。 公司 2024 年度经审计的财务数据触及《深圳证券交易所股票上市规则》 第 9.3.1 条之"（一）最近一个会计年度经审计的利润总额、净利润、扣除 非经常性损益后的净利 ...