会合01表 | 编制单位:欧克科技股份有限公司 | | | | | 单位:人民币元 | | --- | --- | --- | --- | --- | --- | | 资产 | 期末数 | 期初数 | 负债和所有者权益 (或股东权益) | 期末数 | 期初数 | | 流动资 240 10720 | | | 流动负债: | | | | | 433, 337, 381. 65 | 481, 968, 366. 32 | 短期借款 | 169, 102, 462. 16 | 53, 389, 025. 45 | | 结算备付金 | | | 向中央银行借款 | | | | 拆出资金 | | | 拆入资金 | | | | 交易性金融资产 | | | 交易性金融负债 | | | | 衍生金融资产 | | | 衍生金融负债 | | | | 应收票据 | 24, 612, 939. 02 | 23, 091, 562. 76 | 应付票据 | 101, 249. 28 | 658, 939. 48 | | 应收账款 | 481, 234, 373. 55 | 422, 137, 390. 34 | 应付账款 | 140, 7 ...

证券代码：001223 证券简称：欧克科技 公告编号：2025-048 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。 欧克科技股份有限公司（以下简称"公司"）根据《企业会计准则》、中国 证券监督管理委员会、深圳证券交易所相关文件要求，对截至 2025 年 6 月 30 日各项资产及财务合同进行减值测试，经过测试，对可能发生减值损失的资产计 提了资产减值准备，对应收款项、财务合同等存在预期信用损失的项目计提了信 用减值准备。公司于 2025 年 8 月 26 日召开第二届董事会审计委员会第八次会 议审议通过了《关于计提资产减值准备和信用减值准备的议案》，现将具体情况 公告如下： 一、本次计提减值准备的情况概述 （一）合并计提减值准备的资产范围及金额 金额单位：万元 | 项目 2025 | 年半年度度计提减值损失金额 | | --- | --- | | 1.信用减值损失（损失以"一"号填列） | -1,269.21 | | 坏账损失-应收账款 | -1,331.45 | | 坏账损失-其他应收款 | 9.82 | | 坏账损失-应收票据 | 52.42 | | ...

二、议案审议情况 （一）审议通过了《关于 2025 年半年度报告和摘要的议案》； 证券代码：001223 证券简称：欧克科技 公告编号：2025-046 欧克科技股份有限公司 第二届董事会第十七次会议决议公告 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、会议召开和出席情况 欧克科技股份有限公司（以下简称"公司"）第二届董事会第十七次会议于 2025 年 8 月 15 日以通讯方式发出会议通知，并于 2025 年 8 月 26 日以现场及视 频方式召开。本次会议应出席董事 9 人，实际出席董事 9 人。会议由董事长胡坚 晟先生主持，全体高级管理人员列席了会议。会议的召集、召开程序符合《中华 人民共和国公司法》等法律法规和《欧克科技股份有限公司公司章程》的有关规 定。 本次会议采用记名投票表决方式，经与会董事认真审议，形成了如下决议： 全体董事已经对公司 2025 年半年度报告及其摘要进行审阅和确认，并保证 公司 2025 年半年度报告的编制和审议程序符合相关规定，内容真实、准确、完 整，公允地反映了公司 2025 年半年度的财务状况和经营成果。 公司《2 ...

欧克科技公告，2025年上半年营业收入4.55亿元，同比增长112.65%。净利润6909.11万元，同比增长 53.65%。公司计划不派发现金红利，不送红股，不以公积金转增股本。 ...

[Important Notice, Table of Contents and Definitions](index=2&type=section&id=Item%201.%20Important%20Notice%2C%20Table%20of%20Contents%20and%20Definitions) This section provides important notices, the report's table of contents, and definitions of key terms for clarity [Important Notice](index=2&type=section&id=Important%20Notice) The board and management assure report accuracy and completeness, cautioning investors on risks; no interim cash dividends or bonus shares are planned - The company's board of directors, directors, and senior management guarantee the report's truthfulness, accuracy, and completeness, assuming legal responsibility[4](index=4&type=chunk) - The company's head, chief accountant, and head of accounting department declare the financial report is true, accurate, and complete[4](index=4&type=chunk) - The company plans no cash dividends, bonus shares, or capital increase from capital reserves[5](index=5&type=chunk) - The report contains forward-looking statements, which do not constitute substantive commitments; investors should be aware of investment risks[4](index=4&type=chunk) [Table of Contents](index=3&type=section&id=Table%20of%20Contents) The report's table of contents clearly lists nine main chapters covering company profile, management discussion, corporate governance, significant matters, share changes, bond information, financial reports, and other submitted data - The report contains nine main chapters, from company profile to financial report[7](index=7&type=chunk) - Reference documents include signed and sealed financial statements, the original semi-annual report, and publicly disclosed documents[9](index=9&type=chunk)[10](index=10&type=chunk)[11](index=11&type=chunk) [Definitions](index=5&type=section&id=Definitions) This section defines common terms used in the report, including company names, subsidiaries, actual controllers, and key customers, to ensure clear understanding - The company's full name is "Ouk Technology Co., Ltd.", formerly Jiangxi Ouk Technology Co., Ltd[14](index=14&type=chunk) - Major subsidiaries include Ouk Machinery, Jiangxi Nice, and Ouk Materials[14](index=14&type=chunk) - The actual controllers are Hu Jiansheng, Hu Fusheng, and Li Yanmei[14](index=14&type=chunk) - The reporting period is defined as January 1, 2025, to June 30, 2025[14](index=14&type=chunk) [Company Profile and Key Financial Indicators](index=6&type=section&id=Item%202.%20Company%20Profile%20and%20Key%20Financial%20Indicators) This section provides an overview of the company's basic information and highlights its key financial performance metrics [Company Profile](index=6&type=section&id=Company%20Profile) Ouk Technology Co., Ltd., stock ticker "Ouk Technology" and code 001223, is listed on the Shenzhen Stock Exchange, with Hu Fusheng as its legal representative, and no changes in contact information or disclosure locations during the reporting period - Stock Abbreviation: Ouk Technology, Stock Code: **001223**[16](index=16&type=chunk) - Stock Exchange: Shenzhen Stock Exchange[16](index=16&type=chunk) - Legal Representative: Hu Fusheng[16](index=16&type=chunk) - Company contact information and information disclosure location remained unchanged during the reporting period[18](index=18&type=chunk)[19](index=19&type=chunk) [Key Accounting Data and Financial Indicators](index=6&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) In the first half of 2025, the company's operating revenue increased by **112.65%** to **455.23 million yuan**, and net profit attributable to shareholders increased by **53.65%** to **69.09 million yuan**, with total assets and net assets also growing - The company is not required to retrospectively adjust or restate prior year accounting data[20](index=20&type=chunk) 2025 Half-Year Key Accounting Data and Financial Indicators | Indicator | Current Period (Yuan) | Prior Year Period (Yuan) | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 455,225,523.40 | 214,072,402.12 | 112.65% | | Net Profit Attributable to Shareholders of Listed Company | 69,091,087.39 | 44,966,277.60 | 53.65% | | Net Profit Attributable to Shareholders of Listed Company Excluding Non-Recurring Gains and Losses | 62,859,138.00 | 32,009,188.16 | 96.38% | | Net Cash Flow from Operating Activities | 36,487,963.84 | 37,257,079.95 | -2.06% | | Basic Earnings Per Share (Yuan/share) | 0.7401 | 0.6744 | 9.74% | | Diluted Earnings Per Share (Yuan/share) | 0.7401 | 0.6749 | 9.66% | | Weighted Average Return on Net Assets | 3.63% | 2.36% | 1.27% | | **Period-End Indicators:** | | | | | Total Assets | 2,457,335,258.76 | 2,257,335,465.10 | 8.86% | | Net Assets Attributable to Shareholders of Listed Company | 1,925,437,966.18 | 1,866,352,456.24 | 3.17% | [Differences in Accounting Data Under Domestic and Overseas Accounting Standards](index=7&type=section&id=Differences%20in%20Accounting%20Data%20Under%20Domestic%20and%20Overseas%20Accounting%20Standards) During the reporting period, the company reported no differences in net profit and net assets between financial statements prepared under International Accounting Standards or overseas accounting standards and those under Chinese Accounting Standards - The company reported no differences in net profit and net assets between International Accounting Standards and Chinese Accounting Standards during the reporting period[22](index=22&type=chunk) - The company reported no differences in net profit and net assets between overseas accounting standards and Chinese Accounting Standards during the reporting period[23](index=23&type=chunk) [Non-Recurring Gains and Losses Items and Amounts](index=7&type=section&id=Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) During the reporting period, the company's total non-recurring gains and losses amounted to **6.23 million yuan**, primarily from government grants, disposal of non-current assets, and other non-operating income/expenses, with some government grants and individual income tax refunds classified as recurring 2025 Half-Year Non-Recurring Gains and Losses Items and Amounts | Item | Amount (Yuan) | | :--- | :--- | | Gains or losses from disposal of non-current assets | -5,829.98 | | Government grants recognized in current profit or loss | 8,660,265.44 | | Other non-operating income and expenses apart from the above | -212,243.56 | | Other profit and loss items that meet the definition of non-recurring gains and losses | 3,250.00 | | Less: Income tax impact | 1,605,870.81 | | Minority interest impact (after tax) | 607,621.70 | | **Total** | **6,231,949.39** | - Other profit and loss items meeting the definition of non-recurring gains and losses for the first half of 2025 include VAT reduction for poverty alleviation[26](index=26&type=chunk) - Asset-related government grants (**258,648.00 yuan**) and individual income tax handling fee refunds (**34,440.51 yuan**) are classified as recurring gains and losses due to their continuous or non-incidental impact on the company's profit and loss[26](index=26&type=chunk) [Management Discussion and Analysis](index=9&type=section&id=Item%203.%20Management%20Discussion%20and%20Analysis) This section provides a comprehensive analysis of the company's business operations, core competencies, financial performance, investment activities, and risk management strategies [Main Business Activities During the Reporting Period](index=9&type=section&id=I.%20Main%20Business%20Activities%20During%20the%20Reporting%20Period) The company's core business involves R&D, production, sales, and service of intelligent equipment for household paper and new energy lithium batteries, alongside expanding its film materials business; in the first half of 2025, both revenue and net profit grew significantly, with film materials revenue increasing by **332.81%** - The company's core business covers the R&D, production, sales, and service of intelligent equipment for household paper and new energy lithium batteries[28](index=28&type=chunk) - The company's products have upgraded from single machines to integrated whole-line solutions, with automation levels reaching fully automatic, establishing partnerships with leading enterprises like Hengan Group and Gold Hongye[28](index=28&type=chunk) - The company is expanding into high-performance polyimide (PI) film business through its controlling subsidiary, Jiangxi Youze New Material Technology Co., Ltd., for applications in flexible electronics and new energy industries[31](index=31&type=chunk) 2025 Half-Year Performance Overview | Indicator | Amount (10,000 Yuan) | YoY Growth | | :--- | :--- | :--- | | Operating Revenue | 45,522.55 | 112.65% | | Net Profit Attributable to Shareholders of Listed Company | 6,909.11 | 53.65% | | Net Profit Attributable to Shareholders of Listed Company Excluding Non-Recurring Gains and Losses | 6,285.91 | 96.38% | | Household Paper Intelligent Equipment Business Revenue | 23,671.33 | 68.01% | | Film Materials Business Revenue | 21,163.97 | 332.81% | [Analysis of Core Competencies](index=10&type=section&id=II.%20Analysis%20of%20Core%20Competencies) The company's core competencies include strong R&D, extensive customer base, comprehensive solution provision, a stable management and talent team, and diversified investment strategies, supporting its continuous development in intelligent equipment and new materials - The company possesses a provincial-level enterprise technology center, a professional R&D team, expertise in equipment debugging, automation control, and remote online monitoring, and is actively developing "dark factory" highly intelligent equipment[34](index=34&type=chunk)[35](index=35&type=chunk) - The company has established long-term partnerships with renowned domestic household paper enterprises such as Gold Hongye, Vinda, Hengan, and C&S Paper, with products successfully entering Southeast Asian and European international markets[37](index=37&type=chunk) - It provides "equipment + service" integrated solutions, covering raw material adaptation, customized intelligent equipment, whole-line system integration, rapid response customization, and full-lifecycle technical services[37](index=37&type=chunk)[38](index=38&type=chunk)[39](index=39&type=chunk)[40](index=40&type=chunk) - The company boasts a stable and experienced management and technical team, having established a comprehensive talent incentive mechanism that enhances production efficiency and reduces costs[40](index=40&type=chunk)[41](index=41&type=chunk) - Leveraging government industrial funds and collaborations with other listed companies, the company pursues M&A investments to expand its industrial chain upstream and downstream and into new material fields, aligning with its "equipment + materials" core strategy[41](index=41&type=chunk) [Analysis of Main Business](index=12&type=section&id=III.%20Analysis%20of%20Main%20Business) During the reporting period, the company's main business revenue increased by **112.65%**, primarily driven by growth in household paper intelligent equipment and film materials businesses, with materials industry revenue growing by **332.81%** and its proportion rising to **46.49%** - The company's profit composition or sources of profit did not undergo significant changes during the reporting period[44](index=44&type=chunk) Major Financial Data Year-on-Year Changes | Indicator | Current Period (Yuan) | Prior Year Period (Yuan) | YoY Change | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 455,225,523.40 | 214,072,402.12 | 112.65% | Growth in household paper intelligent equipment and film materials business revenue | | Operating Cost | 313,921,128.72 | 134,692,592.94 | 133.06% | Growth in household paper intelligent equipment and film materials business revenue | | Administrative Expenses | 28,419,535.97 | 20,764,814.87 | 36.86% | Increase in employee compensation for the company and consolidated subsidiaries | | Financial Expenses | -627,728.56 | -8,422,273.12 | -92.55% | Decrease in bank interest income | | Net Cash Flow from Investing Activities | -179,299,690.44 | -83,085,756.07 | 115.80% | Increase in external investments | | Net Cash Flow from Financing Activities | 106,696,143.24 | -53,344,000.00 | -300.02% | Increase in bank loan amounts | Operating Revenue Composition (by Industry/Product/Region) | Category | Item | Current Period Amount (Yuan) | Proportion of Operating Revenue | Prior Year Period Amount (Yuan) | Proportion of Operating Revenue | YoY Change | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | **By Industry** | Equipment Manufacturing | 243,585,775.66 | 53.51% | 165,173,824.59 | 77.16% | 47.47% | | | Materials Industry | 211,639,747.74 | 46.49% | 48,898,577.53 | 22.84% | 332.81% | | **By Product** | Household Paper Intelligent Equipment | 236,713,253.55 | 52.00% | 140,888,344.41 | 65.81% | 68.01% | | | Film Materials | 211,639,747.74 | 46.49% | 48,898,577.53 | 22.84% | 332.81% | | | New Energy Lithium Battery Intelligent Equipment | 0.00 | 0.00% | 11,504,424.78 | 5.37% | -100.00% | | **By Region** | Domestic | 365,077,355.63 | 80.20% | 134,342,732.21 | 62.76% | 171.75% | | | Overseas | 90,148,167.77 | 19.80% | 79,729,669.91 | 37.24% | 13.07% | Industries, Products, or Regions Accounting for Over 10% of Company's Operating Revenue or Operating Profit | Category | Item | Operating Revenue (Yuan) | Operating Cost (Yuan) | Gross Profit Margin | YoY Change in Operating Revenue | YoY Change in Operating Cost | YoY Change in Gross Profit Margin | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | **By Industry** | Equipment Manufacturing | 243,585,775.66 | 125,344,351.43 | 48.54% | 47.47% | 44.15% | 1.18% | | | Materials Industry | 211,639,747.74 | 188,576,777.29 | 10.90% | 332.81% | 295.03% | 8.53% | | **By Product** | Household Paper Intelligent Equipment | 236,713,253.55 | 119,717,045.68 | 49.43% | 68.01% | 60.33% | 2.43% | | | Film Materials | 211,639,747.74 | 188,576,777.29 | 10.90% | 332.81% | 295.03% | 8.53% | | **By Region** | Domestic | 365,077,355.63 | 272,077,024.32 | 25.47% | 171.75% | 183.81% | -3.17% | | | Overseas | 90,148,167.77 | 41,844,104.40 | 53.58% | 13.07% | 7.78% | 2.28% | [Analysis of Non-Main Business](index=14&type=section&id=IV.%20Analysis%20of%20Non-Main%20Business) During the reporting period, the company's non-main business contributed minimally to total profit, primarily comprising investment income, asset impairment, non-operating income and expenses, and credit impairment losses, with credit impairment losses negatively impacting total profit Impact of Non-Main Business on Total Profit | Item | Amount (Yuan) | Proportion of Total Profit | Reason for Formation | Sustainability | | :--- | :--- | :--- | :--- | :--- | | Investment Income | 674,752.17 | 0.83% | Profits/losses from external investments | Yes | | Asset Impairment | -19,197.45 | -0.02% | Impairment provision for contract assets | No | | Non-Operating Income | 511,569.00 | 0.63% | Government grants received | No | | Non-Operating Expenses | 231,331.53 | 0.28% | External donations | No | | Credit Impairment Losses | -12,692,079.81 | -15.61% | Impairment provision for accounts receivable | No | [Analysis of Assets and Liabilities](index=14&type=section&id=V.%20Analysis%20of%20Assets%20and%20Liabilities) At the end of the reporting period, the company's total assets increased by **8.86%** and net assets attributable to shareholders increased by **3.17%**; long-term equity investments and short-term borrowings significantly rose, while cash and fixed assets proportions decreased Significant Changes in Asset Composition | Item | Amount at End of Current Period (Yuan) | Proportion of Total Assets | Amount at End of Prior Year (Yuan) | Proportion of Total Assets | Change in Proportion | | :--- | :--- | :--- | :--- | :--- | :--- | | Cash and Bank Balances | 433,337,381.65 | 17.63% | 481,968,366.32 | 21.35% | -3.72% | | Accounts Receivable | 481,234,373.55 | 19.58% | 422,137,390.34 | 18.70% | 0.88% | | Inventories | 493,367,686.35 | 20.08% | 453,753,658.00 | 20.10% | -0.02% | | Long-Term Equity Investments | 170,042,420.69 | 6.92% | 17,367,668.52 | 0.77% | 6.15% | | Fixed Assets | 521,970,298.99 | 21.24% | 531,759,110.90 | 23.56% | -2.32% | | Short-Term Borrowings | 169,102,462.16 | 6.88% | 53,389,025.45 | 2.37% | 4.51% | | Contract Liabilities | 69,527,048.54 | 2.83% | 30,142,796.11 | 1.34% | 1.49% | - The company reported no major overseas assets during the reporting period[50](index=50&type=chunk) - The company's financial assets measured at fair value primarily consist of accounts receivable financing, with a period-end balance of **5,458,420.57 yuan**[52](index=52&type=chunk) - Period-end asset restrictions include bank deposits, other monetary funds, notes receivable, accounts receivable, fixed assets, and intangible assets, totaling a significant amount[52](index=52&type=chunk)[53](index=53&type=chunk) [Analysis of Investment Status](index=15&type=section&id=VI.%20Analysis%20of%20Investment%20Status) During the reporting period, the company's investment amount significantly increased by **334.29%** to **152 million yuan**, mainly for equity investments; the overall utilization rate of raised funds was **69.28%**, with some projects behind schedule or underperforming, which the company is actively optimizing - The investment amount for the reporting period was **152,000,000.00 yuan**, compared to **35,000,000.00 yuan** in the prior year period, a change of **334.29%**[54](index=54&type=chunk) Significant Equity Investments Acquired During the Reporting Period | Investee Company Name | Main Business | Investment Method | Investment Amount (Yuan) | Shareholding Ratio | Source of Funds | Investment Type | Progress as of Report Date | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Gongqingcheng Yujun Ouk Intelligent Manufacturing Venture Capital Partnership (Limited Partnership) | See announcement on Juchao Information Network regarding the company's joint investment with Jiujiang Industrial Investment Guidance Fund Partnership (Limited Partnership) and Xiushui Dingfa Asset Investment Management Co., Ltd. to establish a partnership (2025-006) | New Establishment | 117,000,000.00 | 39.00% | Own Funds | Equity Investment | Capital contribution completed | | Qihang Huiying Investment (Shenzhen) Co., Ltd. | See announcement on Juchao Information Network regarding the establishment of a joint venture (2025-002) | New Establishment | 30,000,000.00 | 33.33% | Own Funds | Long-Term Equity Investment | Capital contribution completed | - The company reported no securities investments or derivative investments during the reporting period[59](index=59&type=chunk)[60](index=60&type=chunk) Overall Utilization of Raised Funds | Indicator | Amount (10,000 Yuan) | | :--- | :--- | | Net Raised Funds | 101,106.29 | | Raised Funds Used in 2025 Half-Year | 3,554.34 | | Cumulative Raised Funds Used | 70,041.8 | | Total Unused Raised Funds | 33,399.00 | | Cumulative Raised Funds Used as Percentage of Net Raised Funds | 69.28% | - The "Household Paper Intelligent Equipment Production Project" is behind schedule due to lengthy factory construction approval processes, layout adjustments, and equipment selection evaluations, with the expected date of reaching ready-for-use status adjusted to December 31, 2025[64](index=64&type=chunk) - The "Household Paper Degradable Packaging Material Production Project" is underperforming due to insufficient initial product sales, revenue not covering costs, and shortcomings in production processes; the company is optimizing its management system and introducing advanced processes[64](index=64&type=chunk) - The "After-Sales and Marketing Network Construction Project" implementation method was adjusted from leasing to purchasing office spaces and modifying marketing network outlets to provide long-term assurance and effectively conduct new energy equipment sales business[67](index=67&type=chunk) - The "Household Paper Degradable Packaging Material Production Project" has been completed, with remaining raised funds of **6.82 million yuan** permanently supplementing working capital, primarily due to cost control, process optimization, and investment income from idle funds during project implementation[65](index=65&type=chunk) [Significant Asset and Equity Disposals](index=21&type=section&id=VII.%20Significant%20Asset%20and%20Equity%20Disposals) During the reporting period, the company did not engage in any significant asset or equity disposals - The company did not dispose of significant assets during the reporting period[68](index=68&type=chunk) - The company did not dispose of significant equity during the reporting period[69](index=69&type=chunk) [Analysis of Major Holding and Associate Companies](index=21&type=section&id=VIII.%20Analysis%20of%20Major%20Holding%20and%20Associate%20Companies) The company's major holding and associate companies include Chengdu Xianping Packaging Printing Co., Ltd., Jiangxi Youze New Material Technology Co., Ltd., Jiangxi Andes Technology Co., Ltd., and Jiangxi Kairun New Materials Co., Ltd., with investments made through capital increases or acquisitions to achieve industrial integration, accelerate new material industry layout, and broaden equipment product categories Major Subsidiaries and Associate Companies with Over 10% Impact on Company's Net Profit | Company Name | Company Type | Main Business | Registered Capital (Yuan) | Total Assets (Yuan) | Net Assets (Yuan) | Operating Revenue (Yuan) | Operating Profit (Yuan) | Net Profit (Yuan) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Chengdu Xianping Packaging Printing Co., Ltd. | Subsidiary | Household paper packaging materials | 20,500,000 | 93,546,055.93 | 28,879,396.67 | 49,389,247.58 | 1,792,287.85 | -1,965,469.91 | | Jiangxi Youze New Material Technology Co., Ltd. | Subsidiary | R&D, production, and sales of flexible copper clad laminates and their core raw material polyimide | 51,155,000 | 187,413,661.91 | 106,588,068.41 | 45,745,475.70 | 7,543,521.00 | 7,036,295.34 | | Jiangxi Andes Technology Co., Ltd. | Associate Company | Corrugated paper machine production line | 7,856,600 | 81,931,582.22 | 29,025,757.73 | 28,710,802.81 | 1,977,160.29 | 1,963,857.44 | | Jiangxi Kairun New Materials Co., Ltd. | Associate Company | Diaphragm coating | 6,240,000 | 50,340,114.46 | 9,886,736.06 | 20,247,358.84 | -198,028.11 | -197,817.82 | - The primary methods for acquiring and disposing of subsidiaries during the reporting period were capital increases and acquisitions, aimed at industrial integration, accelerating the layout of the new materials industry, and broadening equipment product categories[70](index=70&type=chunk) [Structured Entities Controlled by the Company](index=21&type=section&id=IX.%20Structured%20Entities%20Controlled%20by%20the%20Company) The company reported no structured entities under its control during the reporting period - The company reported no structured entities under its control during the reporting period[71](index=71&type=chunk) [Risks Faced by the Company and Countermeasures](index=22&type=section&id=X.%20Risks%20Faced%20by%20the%20Company%20and%20Countermeasures) The company faces risks including technological iteration, intensified market competition, cyclical fluctuations in downstream industries, high customer concentration, and supply chain volatility with cost control challenges; it actively addresses these through increased R&D investment, customer base expansion, and optimized supply chain management - **Technological iteration and intensified market competition risks:** The household paper and lithium battery separator equipment industries are rapidly upgrading technologically; if the company's R&D fails to achieve continuous breakthroughs, it faces risks of product technological obsolescence and weakened competitiveness. Countermeasures include increasing R&D investment, attracting talent, and strengthening patent layout[72](index=72&type=chunk) - **Cyclical fluctuations in downstream industries and high customer concentration risks:** Downstream household paper and lithium battery separator industries exhibit cyclical characteristics, and customer concentration is high, which may affect order acquisition and cash flow. Countermeasures include expanding a diversified customer base, deepening cooperation with core customers, exploring new growth points, optimizing contract terms, and strengthening accounts receivable management[72](index=72&type=chunk)[73](index=73&type=chunk) - **Supply chain volatility and cost control risks:** The company's main business heavily relies on steel and high-end electronic components, facing risks of price fluctuations and supply shortages. Countermeasures include strengthening the supply chain, signing fixed-price agreements, establishing strategic reserves, promoting domestic substitution, implementing modular design, and executing comprehensive cost reduction plans[73](index=73&type=chunk) [Formulation and Implementation of Market Value Management System and Valuation Enhancement Plan](index=22&type=section&id=XI.%20Formulation%20and%20Implementation%20of%20Market%20Value%20Management%20System%20and%20Valuation%20Enhancement%20Plan) The company did not formulate a market value management system or disclose a valuation enhancement plan during the reporting period - The company did not formulate a market value management system[74](index=74&type=chunk) - The company did not disclose a valuation enhancement plan[74](index=74&type=chunk) [Implementation of "Quality and Return Dual Improvement" Action Plan](index=22&type=section&id=XII.%20Implementation%20of%20%22Quality%20and%20Return%20Dual%20Improvement%22%20Action%20Plan) The company did not disclose an announcement regarding the "Quality and Return Dual Improvement" action plan during the reporting period - The company did not disclose an announcement regarding the "Quality and Return Dual Improvement" action plan[74](index=74&type=chunk) [Corporate Governance, Environment and Society](index=23&type=section&id=Item%204.%20Corporate%20Governance%2C%20Environment%20and%20Society) This section details changes in the company's governance structure, profit distribution plans, employee incentive measures, environmental disclosures, and social responsibility initiatives [Changes in Directors, Supervisors, and Senior Management](index=23&type=section&id=I.%20Changes%20in%20Directors%2C%20Supervisors%2C%20and%20Senior%20Management) During the reporting period, Xie Shuigen, Xiong Chunlei, and Liu Chaocai resigned as Chairman of the Supervisory Board, Supervisor, and Employee Representative Supervisor, respectively, due to work transfers, while Xiong Chunlei and Zhou Yilu were elected as Employee Representative Director and Director - Xie Shuigen, Xiong Chunlei, and Liu Chaocai resigned as Chairman of the Supervisory Board, Supervisor, and Employee Representative Supervisor, respectively, on June 30, 2025, due to work transfers[76](index=76&type=chunk) - Xiong Chunlei and Zhou Yilu were elected as Employee Representative Director and Director, respectively, on June 30, 2025, due to work transfers[76](index=76&type=chunk) [Profit Distribution and Capital Reserve to Share Capital Increase During the Reporting Period](index=23&type=section&id=II.%20Profit%20Distribution%20and%20Capital%20Reserve%20to%20Share%20Capital%20Increase%20During%20the%20Reporting%20Period) The company plans no interim cash dividends, bonus shares, or capital increase from capital reserves - The company plans no interim cash dividends, bonus shares, or capital increase from capital reserves[77](index=77&type=chunk) [Implementation of Equity Incentive Plans, Employee Stock Ownership Plans or Other Employee Incentive Measures](index=23&type=section&id=III.%20Implementation%20of%20Equity%20Incentive%20Plans%2C%20Employee%20Stock%20Ownership%20Plans%20or%20Other%20Employee%20Incentive%20Measures) During the reporting period, the company had no equity incentive plans, employee stock ownership plans, or other employee incentive measures in place or implemented - The company reported no equity incentive plans, employee stock ownership plans, or other employee incentive measures or their implementation during the reporting period[78](index=78&type=chunk) [Environmental Information Disclosure](index=23&type=section&id=IV.%20Environmental%20Information%20Disclosure) Neither the listed company nor its major subsidiaries are included in the list of enterprises required to disclose environmental information by law - Neither the listed company nor its major subsidiaries are included in the list of enterprises required to disclose environmental information by law[79](index=79&type=chunk) [Social Responsibility](index=23&type=section&id=V.%20Social%20Responsibility) During the reporting period, the company actively fulfilled its social responsibilities, including protecting shareholder and creditor rights, safeguarding employee legal rights, maintaining supplier and customer relationships, and prioritizing safety production and environmental protection for sustainable development - **Protection of Shareholder and Creditor Rights:** Improved governance structure, standardized operations, ensured equal legal rights for shareholders and creditors, and prioritized reasonable returns for investors[79](index=79&type=chunk) - **Protection of Employee Rights:** Strictly adhered to labor laws and regulations, established a comprehensive human resource management system, ensured employee compensation, benefits, social security, medical insurance, and housing provident fund, and provided professional skills training and career development opportunities[79](index=79&type=chunk) - **Protection of Supplier, Customer, and Consumer Rights:** Signed agreements with suppliers and made timely payments, established long-term cooperative relationships with major customers and provided after-sales technical services, and rigorously monitored product quality through technical quality departments[80](index=80&type=chunk)[81](index=81&type=chunk) - **Safety, Environmental Protection, and Sustainable Development:** Prioritized safety production and environmental protection, established an EHS department, implemented a safety production management system and emergency plans, ensured all subsidiaries and projects passed environmental assessments and strictly adhered to environmental protection measures, and adopted new technologies to reduce pollutant emissions and energy consumption[81](index=81&type=chunk) [Significant Matters](index=25&type=section&id=Item%205.%20Significant%20Matters) This section addresses significant matters including commitments, related party transactions, guarantees, investments, and other material events [Commitments Fulfilled and Overdue Unfulfilled Commitments by Controlling Shareholders, Shareholders, Related Parties, Acquirers, and the Company](index=25&type=section&id=I.%20Commitments%20Fulfilled%20and%20Overdue%20Unfulfilled%20Commitments%20by%20Controlling%20Shareholders%2C%20Shareholders%2C%20Related%20Parties%2C%20Acquirers%2C%20and%20the%20Company) During the reporting period, the company reported no commitments that were fulfilled or overdue and unfulfilled by controlling shareholders, shareholders, related parties, acquirers, or the company - The company reported no commitments that were fulfilled or overdue and unfulfilled by related parties during the reporting period[83](index=83&type=chunk) [Non-Operating Fund Occupation by Controlling Shareholders and Other Related Parties](index=25&type=section&id=II.%20Non-Operating%20Fund%20Occupation%20by%20Controlling%20Shareholders%20and%20Other%20Related%20Parties) During the reporting period, the company reported no non-operating fund occupation by controlling shareholders or other related parties - The company reported no non-operating fund occupation by controlling shareholders or other related parties during the reporting period[84](index=84&type=chunk) [Irregular External Guarantees](index=25&type=section&id=III.%20Irregular%20External%20Guarantees) During the reporting period, the company reported no irregular external guarantees - The company reported no irregular external guarantees during the reporting period[85](index=85&type=chunk) [Appointment and Dismissal of Accounting Firms](index=25&type=section&id=IV.%20Appointment%20and%20Dismissal%20of%20Accounting%20Firms) The company's semi-annual financial report was not audited - The company's semi-annual report was not audited[86](index=86&type=chunk) [Board of Directors and Supervisory Board Explanation on "Non-Standard Audit Report" for the Current Period](index=25&type=section&id=V.%20Board%20of%20Directors%20and%20Supervisory%20Board%20Explanation%20on%20%22Non-Standard%20Audit%20Report%22%20for%20the%20Current%20Period) During the reporting period, the company reported no non-standard audit reports - The company reported no non-standard audit reports during the reporting period[87](index=87&type=chunk) [Board of Directors Explanation on "Non-Standard Audit Report" for the Previous Year](index=25&type=section&id=VI.%20Board%20of%20Directors%20Explanation%20on%20%22Non-Standard%20Audit%20Report%22%20for%20the%20Previous%20Year) During the reporting period, the company reported no non-standard audit reports from the previous year - The company reported no non-standard audit reports from the previous year during the reporting period[87](index=87&type=chunk) [Bankruptcy Reorganization Matters](index=25&type=section&id=VII.%20Bankruptcy%20Reorganization%20Matters) During the reporting period, the company did not experience any bankruptcy reorganization matters - The company did not experience any bankruptcy reorganization matters during the reporting period[87](index=87&type=chunk) [Litigation Matters](index=25&type=section&id=VIII.%20Litigation%20Matters) During the current reporting period, the company had no significant litigation, arbitration, or other litigation matters - The company had no significant litigation or arbitration matters during the current reporting period[88](index=88&type=chunk) - The company had no other litigation matters during the current reporting period[88](index=88&type=chunk) [Penalties and Rectification](index=26&type=section&id=IX.%20Penalties%20and%20Rectification) During the reporting period, the company reported no penalties or rectification situations - The company reported no penalties or rectification situations during the reporting period[89](index=89&type=chunk) [Integrity Status of the Company, Controlling Shareholders, and Actual Controllers](index=26&type=section&id=X.%20Integrity%20Status%20of%20the%20Company%2C%20Controlling%20Shareholders%2C%20and%20Actual%20Controllers) During the reporting period, the company reported no integrity issues concerning itself, its controlling shareholders, or actual controllers - The company reported no integrity issues concerning itself, its controlling shareholders, or actual controllers during the reporting period[90](index=90&type=chunk) [Significant Related Party Transactions](index=26&type=section&id=XI.%20Significant%20Related%20Party%20Transactions) During the reporting period, the company engaged in ordinary related party transactions with Dongguan Ouk Huadi Aluminum Plastic Products Co., Ltd., selling film materials worth **11.09 million yuan**, which did not meet the disclosure threshold for significant related party transactions; no other significant related party transactions such as asset/equity acquisitions, disposals, joint external investments, or related party debt/credit occurred Related Party Transactions Related to Ordinary Operations | Related Party | Type of Related Party Transaction | Content of Related Party Transaction | Amount of Related Party Transaction (10,000 Yuan) | Proportion of Similar Transactions | Approved Transaction Limit (10,000 Yuan) | Exceeded Approved Limit | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Dongguan Ouk Huadi Aluminum Plastic Products Co., Ltd. | Sales of products to related parties | Film materials | 1,108.85 | 19.05% | 2,000 | No | - The company reported no related party transactions involving asset or equity acquisitions or disposals during the reporting period[91](index=91&type=chunk) - The company reported no related party transactions involving joint external investments during the reporting period[92](index=92&type=chunk) - The company reported no related party debt or credit transactions during the reporting period[93](index=93&type=chunk) - The company has no deposits, loans, credit lines, or other financial business with related financial companies[94](index=94&type=chunk)[95](index=95&type=chunk) - The company reported no other significant related party transactions during the reporting period[96](index=96&type=chunk) [Significant Contracts and Their Performance](index=27&type=section&id=XII.%20Significant%20Contracts%20and%20Their%20Performance) During the reporting period, the company had no trusteeship, contracting, or leasing matters; it provided a joint liability guarantee of **30 million yuan** to its subsidiary, Jiangxi Youze New Material Technology Co., Ltd., and used **200 million yuan** of raised funds for bank wealth management - The company reported no trusteeship, contracting, or leasing situations during the reporting period[97](index=97&type=chunk)[98](index=98&type=chunk)[99](index=99&type=chunk)[100](index=100&type=chunk) Company Guarantees for Subsidiaries | Name of Guaranteed Party | Guarantee Limit (10,000 Yuan) | Actual Guarantee Amount (10,000 Yuan) | Type of Guarantee | Guarantee Period | Fulfilled | | :--- | :--- | :--- | :--- | :--- | :--- | | Jiangxi Youze New Material Technology Co., Ltd. | 3,000 | 3,000 | Joint and several liability guarantee | 18 months | No | - The total actual guarantee balance at the end of the reporting period was **30 million yuan**, accounting for **1.56%** of the company's net assets[102](index=102&type=chunk) - The company reported no guarantees provided to shareholders, actual controllers, or their related parties, no debt guarantees for guaranteed parties with an asset-liability ratio exceeding **70%**, and no total guarantees exceeding **50%** of net assets during the reporting period[102](index=102&type=chunk)[103](index=103&type=chunk) Entrusted Wealth Management | Specific Type | Source of Entrusted Funds | Amount of Entrusted Wealth Management (10,000 Yuan) | Unmatured Balance (10,000 Yuan) | Overdue Unrecovered Amount (10,000 Yuan) | | :--- | :--- | :--- | :--- | :--- | | Bank wealth management products | Raised funds | 20,000 | 20,000 | 0 | - The company reported no other significant contracts during the reporting period[104](index=104&type=chunk) [Explanation of Other Significant Matters](index=29&type=section&id=XIII.%20Explanation%20of%20Other%20Significant%20Matters) During the reporting period, the company reported no other significant matters requiring explanation - The company reported no other significant matters requiring explanation during the reporting period[105](index=105&type=chunk) [Significant Matters of Company Subsidiaries](index=29&type=section&id=XIV.%20Significant%20Matters%20of%20Company%20Subsidiaries) During the reporting period, the company reported no significant matters concerning its subsidiaries - The company reported no significant matters concerning its subsidiaries during the reporting period[106](index=106&type=chunk) [Share Changes and Shareholder Information](index=30&type=section&id=Item%206.%20Share%20Changes%20and%20Shareholder%20Information) This section details changes in the company's share capital, securities issuance, shareholder structure, and shareholdings of directors, supervisors, and senior management [Share Changes](index=30&type=section&id=I.%20Share%20Changes) During the reporting period, the company increased its total shares from **66,680,000** to **93,352,000** by converting capital reserves into shares at a ratio of four shares for every ten, a change approved by the board and shareholders' meeting - During the reporting period, the company converted capital reserves into shares at a ratio of four shares for every ten shares held by all shareholders[109](index=109&type=chunk) Share Changes Before and After This Change | Item | Quantity Before This Change (shares) | Proportion Before This Change | Increase/Decrease in This Change (shares) | Quantity After This Change (shares) | Proportion After This Change | | :--- | :--- | :--- | :--- | :--- | :--- | | I. Restricted Shares | 50,000,000 | 74.99% | 20,000,000 | 70,000,000 | 74.98% | | II. Unrestricted Shares | 16,680,000 | 25.01% | 6,672,000 | 23,352,000 | 25.02% | | **III. Total Shares** | **66,680,000** | **100.00%** | **26,672,000** | **93,352,000** | **100.00%** | - This share change was reviewed and approved by the board of directors and supervisory board on April 22, 2025, and by the shareholders' meeting on May 15, 2025[110](index=110&type=chunk) - After this bonus (conversion) issue, the net earnings per share for the year 2024, calculated on the diluted new share capital of **93,352,000 shares**, is **0.3673 yuan**[111](index=111&type=chunk) [Securities Issuance and Listing](index=31&type=section&id=II.%20Securities%20Issuance%20and%20Listing) During the reporting period, the company had no securities issuance or listing activities - The company reported no securities issuance or listing activities during the reporting period[111](index=111&type=chunk) [Number of Shareholders and Shareholding Information](index=31&type=section&id=III.%20Number%20of%20Shareholders%20and%20Shareholding%20Information) At the end of the reporting period, the total number of common shareholders was **6,923**; among the top ten shareholders, Hu Jiansheng, Hu Fusheng, and Li Yanmei are the actual controllers, holding a high combined stake, and the company is unaware of any other related or concerted action relationships among other shareholders - The total number of common shareholders at the end of the reporting period was **6,923**[112](index=112&type=chunk) Shareholding of Shareholders Holding 5% or More or Top 10 Shareholders | Shareholder Name | Shareholder Nature | Shareholding Ratio | Number of Shares Held at End of Reporting Period (shares) | Change in Shares During Reporting Period (shares) | Number of Restricted Shares Held (shares) | Number of Unrestricted Shares Held (shares) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Hu Jiansheng | Domestic Natural Person | 34.25% | 31,976,000 | 9,136,000 | 31,976,000 | 0 | | Hu Fusheng | Domestic Natural Person | 27.83% | 25,984,000 | 7,424,000 | 25,984,000 | 0 | | Li Yanmei | Domestic Natural Person | 7.50% | 7,000,000 | 2,000,000 | 7,000,000 | 0 | | Hu Xiahun | Domestic Natural Person | 3.67% | 3,430,000 | 980,000 | 3,430,000 | 0 | | Hu Minhui | Domestic Natural Person | 1.72% | 1,610,000 | 460,000 | 1,610,000 | 0 | - Hu Jiansheng, Hu Fusheng, and Li Yanmei are the actual controllers of the company; Hu Xiahun and Hu Minhui are the sisters of actual controllers Hu Jiansheng and Hu Fusheng, and Li Yanmei is the wife of actual controller Hu Jiansheng; Hu Xiahun, Hu Minhui, and the actual controllers constitute persons acting in concert[113](index=113&type=chunk) - The company is unaware of any related party relationships or concerted action relationships among the top 10 unrestricted shareholders, or between the top 10 unrestricted shareholders and the top 10 shareholders[114](index=114&type=chunk) - The company's top 10 common shareholders and top 10 unrestricted common shareholders did not engage in any agreed repurchase transactions during the reporting period[114](index=114&type=chunk) [Changes in Shareholdings of Directors, Supervisors and Senior Management](index=33&type=section&id=IV.%20Changes%20in%20Shareholdings%20of%20Directors%2C%20Supervisors%20and%20Senior%20Management) During the reporting period, the shareholdings of the company's Chairman Hu Jiansheng and General Manager Hu Fusheng increased due to the conversion of capital reserves into shares, while other directors, supervisors, and senior management had no changes in their shareholdings Changes in Shareholdings of Directors, Supervisors, and Senior Management | Name | Position | Shares Held at Beginning of Period (shares) | Shares Increased During Current Period (shares) | Shares Held at End of Period (shares) | | :--- | :--- | :--- | :--- | :--- | | Hu Jiansheng | Chairman, Director | 22,840,000 | 9,136,000 | 31,976,000 | | Hu Fusheng | General Manager, Director | 18,560,000 | 7,424,000 | 25,984,000 | | **Total** | | **41,400,000** | **16,560,000** | **57,960,000** | [Changes in Controlling Shareholders or Actual Controllers](index=34&type=section&id=V.%20Changes%20in%20Controlling%20Shareholders%20or%20Actual%20Controllers) During the reporting period, there were no changes in the company's controlling shareholder or actual controller - The company's controlling shareholder did not change during the reporting period[116](index=116&type=chunk) - The company's actual controller did not change during the reporting period[116](index=116&type=chunk) [Preferred Shares Information](index=35&type=section&id=VI.%20Preferred%20Shares%20Information) During the reporting period, the company had no preferred shares - The company had no preferred shares during the reporting period[117](index=117&type=chunk) [Bond-Related Information](index=36&type=section&id=Item%207.%20Bond-Related%20Information) During the reporting period, the company had no bond-related information - The company had no bond-related information during the reporting period[119](index=119&type=chunk) [Financial Report](index=37&type=section&id=Item%208.%20Financial%20Report) This section presents the company's financial statements, including the audit report, balance sheets, income statements, cash flow statements, and notes to the financial statements [Audit Report](index=37&type=section&id=I.%20Audit%20Report) The company's semi-annual financial report was not audited - The company's semi-annual financial report was not audited[121](index=121&type=chunk) [Financial Statements](index=37&type=section&id=II.%20Financial%20Statements) This section provides the company's consolidated and parent company balance sheets, income statements, and cash flow statements for the first half of 2025, along with consolidated and parent company statements of changes in owners' equity, comprehensively presenting the company's financial position, operating results, and cash flow Consolidated Balance Sheet (Period-End Balance) | Item | Amount (Yuan) | | :--- | :--- | | Total Current Assets | 1,533,917,266.39 | | Total Non-Current Assets | 923,417,992.37 | | **Total Assets** | **2,457,335,258.76** | | Total Current Liabilities | 444,208,430.29 | | Total Non-Current Liabilities | 19,702,516.41 | | **Total Liabilities** | **463,910,946.70** | | Total Owners' Equity Attributable to Parent Company | 1,925,437,966.18 | | Minority Interests | 67,986,345.88 | | **Total Owners' Equity** | **1,993,424,312.06** | | **Total Liabilities and Owners' Equity** | **2,457,335,258.76** | Consolidated Income Statement (Current Period) | Item | Amount (Yuan) | | :--- | :--- | | Total Operating Revenue | 455,225,523.40 | | Total Operating Costs | 370,613,971.52 | | Operating Profit | 81,033,319.73 | | Total Profit | 81,313,557.20 | | Income Tax Expense | 8,041,426.68 | | **Net Profit** | **73,272,130.52** | | Net Profit Attributable to Parent Company Shareholders | 69,091,087.39 | | Minority Interest Income/Loss | 4,181,043.13 | | Basic Earnings Per Share | 0.7401 | | Diluted Earnings Per Share | 0.7401 | Consolidated Cash Flow Statement (2025 Half-Year) | Item | Amount (Yuan) | | :--- | :--- | | Net Cash Flow from Operating Activities | 36,487,963.84 | | Net Cash Flow from Investing Activities | -179,299,690.44 | | Net Cash Flow from Financing Activities | 106,696,143.24 | | Net Increase in Cash and Cash Equivalents | -35,059,056.20 | | Cash and Cash Equivalents at End of Period | 421,143,215.70 | [Company Overview](index=55&type=section&id=III.%20Company%20Overview) Ouk Technology Co., Ltd. was established on August 23, 2011, with a registered capital of **93,352,000.00 yuan**, and its shares were listed on the Shenzhen Stock Exchange on December 12, 2022; the company's main business is the R&D, production, sales, and service of intelligent equipment for household paper and new energy lithium batteries - The company, formerly Jiangxi Ouk Technology Co., Ltd., was established on August 23, 2011[156](index=156&type=chunk) - Registered capital is **93,352,000.00 yuan**, with a total of **93,352,000.00 shares**[156](index=156&type=chunk) - The company's shares were listed and traded on the Shenzhen Stock Exchange on December 12, 2022[156](index=156&type=chunk) - The main business is the R&D, production, sales, and service of intelligent equipment for household paper and new energy lithium batteries[156](index=156&type=chunk) - These financial statements were approved for external release by the company's 17th meeting of the Second Board of Directors on August 26, 2025[157](index=157&type=chunk) [Basis of Preparation of Financial Statements](index=55&type=section&id=IV.%20Basis%20of%20Preparation%20of%20Financial%20Statements) The company's financial statements are prepared on a going concern basis, with no significant doubts about its ability to continue as a going concern for the 12 months from the end of the reporting period - The company's financial statements are prepared on a going concern basis[158](index=158&type=chunk) - The company has no significant doubts about its ability to continue as a going concern for the 12 months from the end of the reporting period[159](index=159&type=chunk) [Significant Accounting Policies and Estimates](index=56&type=section&id=V.%20Significant%20Accounting%20Policies%20and%20Estimates) This section details the company's specific accounting policies and estimates for financial instrument impairment, inventories, fixed asset depreciation, construction in progress, intangible assets, and revenue recognition, ensuring compliance with enterprise accounting standards - The financial statements prepared by the company comply with enterprise accounting standards, accurately and completely reflecting its financial position, operating results, and cash flows[161](index=161&type=chunk) - The accounting year runs from January 1 to December 31, the operating cycle is set at 12 months for liquidity classification, and the functional currency is RMB[162](index=162&type=chunk)[163](index=163&type=chunk)[164](index=164&type=chunk) - **Materiality criteria determination method:** For example, significant individually impaired notes receivable/accounts receivable/other receivables are those with a single amount exceeding **5%** or **10%** of total assets[165](index=165&type=chunk) - Detailed explanations are provided for the accounting treatment of business combinations under common control and non-common control[166](index=166&type=chunk)[167](index=167&type=chunk) - The criteria for determining control and the methods for preparing consolidated financial statements are elaborated[168](index=168&type=chunk)[169](index=169&type=chunk) - Detailed explanations are provided for the classification, recognition criteria, measurement methods, and derecognition conditions of financial instruments, as well as financial instrument impairment and fair value determination methods[173](index=173&type=chunk)[174](index=174&type=chunk)[175](index=175&type=chunk)[180](index=180&type=chunk)[188](index=188&type=chunk) - Accounting treatment methods are specified for items such as notes receivable, accounts receivable, other receivables, contract assets, inventories, assets held for sale, long-term equity investments, investment properties, fixed assets, construction in progress, borrowing costs, intangible assets, long-term deferred expenses, contract liabilities, employee benefits, provisions, share-based payments, revenue, contract costs, government grants, deferred income tax assets/liabilities, and leases[194](index=194&type=chunk)[195](index=195&type=chunk)[199](index=199&type=chunk)[200](index=200&type=chunk)[202](index=202&type=chunk)[205](index=205&type=chunk)[213](index=213&type=chunk)[224](index=224&type=chunk)[227](index=227&type=chunk)[229](index=229&type=chunk)[232](index=232&type=chunk)[237](index=237&type=chunk)[246](index=246&type=chunk)[247](index=247&type=chunk)[249](index=249&type=chunk)[253](index=253&type=chunk)[254](index=254&type=chunk)[260](index=260&type=chunk)[266](index=266&type=chunk)[268](index=268&type=chunk)[273](index=273&type=chunk)[275](index=275&type=chunk) [Taxation](index=78&type=section&id=VI.%20Taxation) The company's main taxes include VAT, urban maintenance and construction tax, and corporate income tax, benefiting from a **15%** high-tech enterprise income tax preferential rate and VAT additional deduction policies Major Tax Categories and Rates | Tax Category | Tax Basis | Tax Rate | | :--- | :--- | :--- | | Value-Added Tax | Revenue from sales of goods and taxable services | 13%, 9% | | Urban Maintenance and Construction Tax | Actual amount of turnover tax paid | 5%, 7% | | Corporate Income Tax | Taxable income | 15%, 25% | | Education Surcharge | Actual amount of turnover tax paid | 0.03 | | Local Education Surcharge | Actual amount of turnover tax paid | 0.02 | Corporate Income Tax Rates for Taxable Entities | Taxable Entity Name | Income Tax Rate | | :--- | :--- | | The Company | 15% | | Jiangxi Youze New Material Technology Co., Ltd. | 15% | | Other Taxable Entities Apart from the Above | 25% | - **Value-Added Tax:** Sales of self-developed software products enjoy "immediate refund upon collection" for the portion of actual tax burden exceeding **3%**; advanced manufacturing enterprises are eligible for an additional **5%** deduction from current deductible input VAT against payable VAT[289](index=289&type=chunk) - **Corporate Income Tax:** Both the company and Youze New Material Co. have obtained high-tech enterprise certification, enjoying a preferential tax rate of **15%**[290](index=290&type=chunk) [Notes to Consolidated Financial Statements](index=79&type=section&id=VII.%20Notes%20to%20Consolidated%20Financial%20Statements) This section provides detailed disclosures of the period-end balances, beginning-of-period balances, and changes for each item in the consolidated financial statements, including cash and bank balances, notes receivable, accounts receivable, inventories, long-term equity investments, fixed assets, construction in progress, short-term borrowings, contract liabilities, share capital, capital reserves, undistributed profits, operating revenue, and costs, with explanations for significant changes - **Cash and Bank Balances:** Period-end balance of **433,337,381.65 yuan**, of which **12,194,165.95 yuan** is restricted (accrued interest, letter of guarantee deposits, bank acceptance bill deposits)[292](index=292&type=chunk)[110](index=110&type=chunk) - **Notes Receivable:** Period-end balance of **24,612,939.02 yuan**, of which **8,329,852.67 yuan** has been endorsed or discounted but not derecognized[296](index=296&type=chunk)[303](index=303&type=chunk) - **Accounts Receivable:** Period-end balance of **481,234,373.55 yuan**, with a bad debt provision of **131,211,548.29 yuan**; the top five debtors account for **36.30%** of the combined period-end balance of accounts receivable and contract assets[311](index=311&type=chunk)[315](index=315&type=chunk)[321](index=321&type=chunk) - **Contract Assets:** Period-end balance of **30,663,253.27 yuan**, with a bad debt provision of **1,874,430.64 yuan**[323](index=323&type=chunk)[327](index=327&type=chunk) - **Inventories:** Period-end book value of **493,367,686.35 yuan**, with an inventory impairment provision of **5,630,459.82 yuan**[374](index=374&type=chunk)[378](index=378&type=chunk) - **Long-Term Equity Investments:** Period-end balance of **170,042,420.69 yuan**, with an increase of **152,000,000.00 yuan** in the current period, primarily due to investments in associate companies Gongqingcheng Yujun Ouk Intelligent Manufacturing Venture Capital Partnership and Qihang Huiying Investment (Shenzhen) Co., Ltd[409](index=409&type=chunk) - **Fixed Assets:** Period-end book value of **521,970,298.99 yuan**, of which **132,960,975.82 yuan** lacks property title certificates[418](index=418&type=chunk)[423](index=423&type=chunk) - **Construction in Progress:** Period-end balance of **85,877,217.97 yuan**, primarily including construction projects, a technology R&D center project, and an after-sales and marketing network project[427](index=427&type=chunk) - **Short-Term Borrowings:** Period-end balance of **169,102,462.16 yuan**, a significant increase from the beginning of the period, mainly comprising secured and unsecured borrowings[462](index=462&type=chunk) - **Contract Liabilities:** Period-end balance of **69,527,048.54 yuan**, a significant increase from the beginning of the period[481](index=481&type=chunk) - **Share Capital:** Period-end share capital of **93,352,000.00 yuan**, an increase of **26,672,000.00 yuan** from the beginning of the period, due to capital reserve conversion to share capital[514](index=514&type=chunk) - **Capital Reserves:** Period-end balance of **1,154,679,322.57 yuan**, a decrease of **26,672,000.00 yuan** in the current period due to capital reserve conversion to share capital[517](index=517&type=chunk) - **Undistributed Profits:** Period-end balance of **602,261,191.71 yuan**, with net profit attributable to parent company owners of **69,091,087.39 yuan** in the current period[524](index=524&type=chunk) - **Operating Revenue and Operating Costs:** Current period operating revenue of **455,225,523.40 yuan**, and operating costs of **313,921,128.72 yuan**[526](index=526&type=chunk) [Research and Development Expenses](index=131&type=section&id=VIII.%20Research%20and%20Development%20Expenses) During the reporting period, the company's total R&D expenditure was **15,078,269.67 yuan**, all expensed, primarily for material costs, employee compensation, and depreciation/amortization R&D Expenditure Composition | Item | Current Period Amount (Yuan) | Prior Period Amount (Yuan) | | :--- | :--- | :--- | | Material Costs | 6,465,838.51 | 7,800,519.99 | | Employee Compensation | 6,727,661.07 | 4,087,349.86 | | Depreciation and Amortization | 1,564,456.70 | 2,410,871.45 | | Other | 320,313.39 | 293,934.82 | | **Total** | **15,078,269.67** | **14,592,676.12** | - Current period expensed R&D expenditure was **15,078,269.67 yuan**, with no capitalized R&D expenditure[572](index=572&type=chunk)[573](index=573&type=chunk) [Changes in Consolidation Scope](index=131&type=section&id=IX.%20Changes%20in%20Consolidation%20Scope) During the reporting period, the company added three first-tier subsidiaries—Jiangxi Ouk Bolong Intelligent Equipment Co., Ltd., Jiangxi Ouk Packaging Technology Co., Ltd., and Jiangxi Ouk Intelligent Forklift Technology Co., Ltd.—through new establishment - The company reported no business combinations under non-common control or common control during the reporting period[574](index=574&type=chunk)[579](index=579&type=chunk) - The company reported no transactions or events resulting in loss of control over subsidiaries during the reporting period[583](index=583&type=chunk) Current Period New Addition of 3 First-Tier Subsidiaries | Company Name | Method of Equity Acquisition | Time of Equity Acquisition | Capital Contribution (Yuan) | Capital Contribution Ratio | | :--- | :--- | :--- | :--- | :--- | | Jiangxi Ouk Bolong Intelligent Equipment Co., Ltd. | New Establishment | 2025-05-19 | 2,400,000 | 80% | | Jiangxi Ouk Packaging Technology Co., Ltd. | New Establishment | 2025-05-14 | 3,000,000 | 60% | | Jiangxi Ouk Intelligent Forklift Technology Co., Ltd. | New Establishment | 2025-03-04 | 3,000,000 | 51% | [Interests in Other Entities](index=134&type=section&id=X.%20Interests%20in%20Other%20Entities) This section discloses the composition of the company's enterprise group, including major subsidiaries and significant non-wholly owned subsidiaries with their key financial information, as well as significant associate companies Composition of Enterprise Group (Major Subsidiaries) | Subsidiary Name | Registered Capital (Yuan) | Main Operating Location | Business Nature | Shareholding Ratio (Direct) | Acquisition Method | | :--- | :--- | :--- | :--- | :--- | :--- | | Ouk Machinery Co. | 2,000,000.00 | Xiushui County, Jiangxi Province | Machining parts production | 100.00% | Establishment | | Jiujiang Ouk Co. | 235,877,900.00 | Jiujiang City, Jiangxi Province | Plastic products, packaging materials manufacturing and sales | 100.00% | Establishment | | Xianping Printing Co. | 20,500,000.00 | Pengzhou City, Sichuan Province | Packaging film | 51.22% | Business combination under non-common control | | Youze New Material Co. | 51,155,100.00 | Lianhua County, Jiangxi Province | R&D, production, and sales of flexible copper clad laminates and their core raw material polyimide | 51.13% | Business combination under non-common control | | Jiangxi Ouk Bolong Co. | 20,000,000.00 | Xiushui County, Jiangxi Province | Blown film equipment production, sales | 80.00% | Establishment | Significant Non-Wholly Owned Subsidiaries | Subsidiary Name | Minority Shareholding Ratio | Current Period Profit/Loss Attributable to Minority Shareholders (Yuan) | Period-End Minority Interest Balance (Yuan) | | :--- | :--- | :--- | :--- | | Xianping Printing Co. | 48.78% | -958,765.81 | 14,087,510.57 | | Youze New Material Co. | 48.87% | 3,438,706.67 | 52,090,636.32 | Significant Associate Companies | Associate Company Name | Main Operating Location | Business Nature | Shareholding Ratio (Direct) | Accounting Method | | :--- | :--- | :--- | :--- | :--- | | Jiangxi Andes Technology Co., Ltd. | Jiujiang City | Corrugated paper machine production line | 36.36% | Equity method accounting | | Jiangxi Kairun New Materials Co., Ltd. | Yichun City | Diaphragm coating | 19.87% | Equity method accounting | [Government Grants](index=139&type=section&id=XI.%20Government%20Grants) At the end of the reporting period, the company's deferred income included asset-related government grants totaling **4,973,727.66 yuan**; the amount of government grants recognized in current profit or loss for the period was **8,918,913.44 yuan** Liability Items Involving Government Grants | Accounting Account | Beginning Balance (Yuan) | New Grants in Current Period (Yuan) | Amount Transferred to Other Income in Current Period (Yuan) | Ending Balance (Yuan) | Asset/Income Related | | :--- | :--- | :--- | :--- | :--- | :--- | | Deferred Income | 5,232,375.66 | 0 | 258,648.00 | 4,973,727.66 | Asset-related | - The amount of government grants recognized in current profit or loss for the current period was **8,918,913.44 yuan**, compared to **15,250,552.95 yuan** in the prior period[602](index=602&type=chunk)[607](index=607&type=chunk) [Risks Related to Financial Instruments](index=140&type=section&id=XII.%20Risks%20Related%20to%20Financial%20Instruments) The company faces credit risk, liquidity risk, and market risk (interest rate risk and foreign exchange risk), which it manages by assessing credit risk, diversifying financing channels, and monitoring market exchange rates - **Credit Risk:** Primarily arises from cash and bank balances and receivables. The company assesses the credit risk of financial instruments, defines default criteria, and measures expected credit losses. **36.30%** of accounts receivable and contract assets originate from the top five customers, indicating some concentration of credit risk[603](index=603&type=chunk)[604](index=604&type=chunk)[605](index=605&type=chunk)[606](index=606&type=chunk)[608](index=608&type=chunk)[612](index=612&type=chunk) - **Liquidity Risk:** Stems from capital shortages. The company manages this by utilizing various financing methods such as bill settlement and bank loans, and by combining long-term and short-term financing to maintain financing continuity and flexibility[614](index=614&type=chunk) - **Market Risk:** Includes interest rate risk and foreign exchange risk. The company determines the proportion of fixed-rate and floating-rate financial instruments based on market conditions and maintains net risk exposure at an acce

Market Performance - The Shanghai Composite Index rose by 0.13% to 3771.1 points, while the Shenzhen Component Index fell by 0.06% to 11919.76 points, and the ChiNext Index decreased by 0.47% to 2595.47 points. The STAR Market 50 Index increased by 0.09% to 1149.15 points. The total trading volume in the Shanghai and Shenzhen markets reached 24240.57 billion yuan [1]. Sector Movements - Digital currency concept stocks showed strong performance, with companies like Yuyin Co., Ltd. hitting the daily limit. The photovoltaic sector was also active, with companies such as Beibo Co., Ltd. reaching the daily limit [1]. Notable Stocks - Several stocks related to the photovoltaic sector, such as Shimao Energy and Zhangzhou Development, achieved daily limit gains due to factors like waste incineration power generation and state-owned enterprise reforms [6]. - Digital currency-related stocks like Tianrongxin and Sanwei Xinan also saw daily limit gains, driven by developments in digital currency and AI security [6]. Industry Insights - According to a report from CITIC Securities, central bank digital currencies (CBDCs) have advantages over traditional electronic payments, private cryptocurrencies, and stablecoins, including sovereign credit backing, strong scalability, good privacy, low costs, and fast transactions. The digital yuan possesses these advantages and has promising applications in programmability, smart contracts, cross-border payments, and promoting the internationalization of the yuan [7].

证券之星消息，8月20日自动化设备板块较上一交易日上涨0.5%，华昌达领涨。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%。自动化设备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300278 | 华昌达 | 6.58 | 10.03% | 175.82万 | | 11.27亿 | | 605288 | 凯迪股份 | 64.88 | 10.00% | 1.86万 | | = 1.17亿 | | 001223 | 欧克科技 | 50.42 | 6.98% | 3.51万 | | 1.73亿 | | 688686 | 喫普特 | 119.33 | 5.29% | 1.59万 | | 1.85亿 | | 430425 | 乐创技术 | 26.55 | 4.78% | 8.27万 | | 2.14亿 | | 688777 | 中控技术 | 51.21 | 3.94% | 29.64万 | | 15.00亿 | | ...

专题：专题|2024年度A股董秘数据报告：1144位董秘年薪超百万 占比超21% 董秘作为连接投资者与上市公司的"桥梁"，在上市公司资本运作中发挥着关键作用。新浪财经《2024年度A股董秘数据报告》显示，2024年 A股上市公司董秘薪酬合计达40.86亿元，平均年薪75.43万元。 分行业来看，机械设备-自动化设备行业（申万二级行业）上市公司董秘2024年薪酬平均数约为83.01万元。其中薪酬最高为赛腾股份孙丰， 2024年薪酬高达622.17万元；薪酬最低为欧克科技陈真，2024年薪酬为15.25万元（统计剔除了未完整领取2024年全年薪酬的董秘）。从整体 薪酬分布来看，薪酬在50-100万元人数最多，共计34人，占比50%。 从薪酬变化情况来看，2024年薪酬较2023年平均上涨1.31万元，平均涨幅为8%。英诺激光张勇2024年薪酬为105.07万元，较2023年薪酬 44.51万元增加60.56万元，涨幅达136%，其薪酬增加金额与涨幅比例均居首位。 从年龄结构来看，董秘的年龄平均数约为43.54岁，其中40-49岁最多，人数共34人，占比约50%。其中，年龄最大的为海得控制吴秋农，年 龄为59岁，2 ...

Group 1 - The total salary of CFOs in A-share listed companies for 2024 is approximately 4.27 billion yuan, with an average salary of about 779,700 yuan in the machinery and automation equipment sector [1] - The highest-paid CFO is Wang Xia from Huagong Technology, earning 2.37 million yuan, while the lowest is Wang Xuxia from Ruisheng Intelligent, earning 269,300 yuan [1] - The average age of CFOs is 47.16 years, with the majority (43%) aged between 40-49 years [1] Group 2 - The educational background of CFOs shows that there is 1 PhD, 25 Master's, 38 Bachelor's, and 10 with lower than Bachelor's degrees, with corresponding average salaries of 1.97 million yuan, 953,000 yuan, 683,000 yuan, and 598,400 yuan respectively [1] - There is a noted discrepancy where CFO salaries do not align with company performance, indicating a potential misalignment in incentives [1] - Eight CFOs have received warnings or public notifications regarding violations in 2024-2025 [1] Group 3 - Zhang Lu from Dongjie Intelligent received three warning letters, with a 2024 salary of 600,000 yuan due to insufficient impairment loss provisions on receivables [2] - Yu Yonghua from Chuangshiji received two warnings, earning 1.59 million yuan, with issues related to revenue recognition and inaccurate disclosures [2] - Wang Lijie from Yijiahe received two warnings, with a salary of 789,400 yuan, due to significant discrepancies between forecasted and actual performance [2]

Core Insights - The total compensation for CFOs in A-share listed companies in 2024 reached 4.27 billion yuan, with an average annual salary of 814,800 yuan [1] - The average salary for CFOs in the machinery and automation equipment sector is approximately 779,700 yuan, with the highest salary being 2.37 million yuan and the lowest at 152,500 yuan [1] - The age distribution of CFOs shows an average age of 47.16 years, with the majority (43%) aged between 40-49 years [3] - Educational background indicates that there is one PhD, 25 master's degree holders, 38 bachelor's degree holders, and 10 with lower qualifications, with corresponding average salaries of 1.97 million yuan, 953,000 yuan, 683,000 yuan, and 598,400 yuan respectively [5] - There is a concerning trend where CFO compensation is increasing despite significant declines in company profits, with examples showing profit drops of over 700% while salaries increased by up to 66% [7] - Eight CFOs received warnings or public notifications regarding compliance issues in 2024-2025 [7] Salary and Compliance Details - CFO Zhang Lu from Dongjie Intelligent received a salary of 602,000 yuan and faced three warnings for inadequate financial disclosures [8] - CFO Yu Yonghua from Genesis earned 1.59 million yuan and received two warnings for accounting inaccuracies [9] - CFO Wang Lijie from Yijiahe had a salary of 789,400 yuan and also received two warnings for significant discrepancies in performance forecasts [9] - CFO Chen Ziqiang from Hekang New Energy earned 1.15 million yuan and received one warning related to stock trading by a family member [9]