截至发稿，多利科技市值为75亿元。 每经头条（nbdtoutiao）——最火游资不再是方新侠、章盟主、佛山无影脚？这名95后声名鹊起！ （记者 曾健辉） 每经AI快讯，多利科技（SZ 001311，收盘价：24.19元）8月21日晚间发布公告称，公司第二届第二十 三次董事会会议于2025年8月21日在公司办公地点召开。会议审议了《2025年半年度报告》等文件。 2025年1至6月份，多利科技的营业收入构成为：汽车零部件行业占比100.0%。 ...

滁州多利汽车科技股份有限公司 2025 年半年度财务报告 滁州多利汽车科技股份有限公司 2025 年半年度财务报告 2025 年 8 月 1 滁州多利汽车科技股份有限公司 2025 年半年度财务报告 一、审计报告 半年度报告是否经过审计：否 公司半年度财务报告未经审计。 二、财务报表 财务附注中报表的单位为：元 1、合并资产负债表 编制单位：滁州多利汽车科技股份有限公司 2025 年 06 月 30 日 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 441,445,399.04 | 546,981,655.31 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | 160,000,000.00 | 200,940,000.00 | | 衍生金融资产 | | | | 应收票据 | 9,898,660.79 | 11,202,076.18 | | 应收账款 | 971,176,644.06 | 1,203,686,046.03 | | 应收款项融资 | 98,251,110.49 | 37,22 ...

| | 盐城达世多利新材料科 | | 其 他 应 收 | | | | | | 非经营性 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 技有限公司 | 全资孙公司 | 款 | 200.00 | 27.00 | - | - | 往来款 227.00 | 往来 | | | 烟台达世汽车配件有限 | | 其 他 应 收 | | | | | | 非经营性 | | | 公司 | 全资子公司 | 款 | 34.40 | - | - | - | 34.40 往来款 | 往来 | | | 常州多利汽车零部件有 | 全资子公司 | 其 他 应 收 | | | | | 往来款 | 非经营性 | | | 限公司 | | 款 | 839.60 | 4,056.47 | - | 1,000.00 | 3,896.07 | 往来 | | | 金华达亚汽车零部件有 | | 其 他 应 收 | | | | | | 非经营性 | | | 限公司 | 全资子公司 | 款 | 1,600.00 | 1,712.54 | - | 3,312.54 | - 往来款 ...

证券代码：001311 证券简称：多利科技 公告编号：2025-033 （一）实际募集资金金额和资金到账时间 经中国证券监督管理委员会《关于核准滁州多利汽车科技股份有限公司首次公开发行 股票的批复》（证监许可[2022]3066 号）核准，公司向社会公开发行了人民币普通股（A 股）股票 3,533.3334 万股，发行价为每股 61.87 元，共计募集资金总额为 218,607.34 万元， 扣除券商承销佣金及保荐费 12,992.17 万元（不包含前期已支付的 94.34 万元）后，主承销 商国泰君安证券股份有限公司于 2023 年 2 月 20 日分别汇入公司募集资金监管账户中信银 行股份有限公司合肥分行账户106,999.34 万元和中国民生银行股份有限公司上海分行账户 98,615.82 万元。另扣减招股说明书印刷费、审计费、律师费、评估费和网上发行手续费等 与发行权益性证券相关的新增外部费用 2,852.13 万元后，公司本次募集资金净额为 202,668.70 万元。上述募集资金到位情况业经中汇会计师事务所(特殊普通合伙)审验，并 于 2023 年 2 月 21 日出具了《验资报告》（中汇会验[2 ...

二、董事会会议审议情况 1、审议通过了 2025 年半年度财务报告、2025 年半年度报告及其摘要 表决结果：同意 9 票，反对 0 票，弃权 0 票。 上述报告中涉及的财务信息在提交董事会前，已经公司董事会审计委员会审 议通过并获全票同意。 证券代码：001311 证券简称：多利科技 公告编号：2025-030 滁州多利汽车科技股份有限公司 第二届董事会第二十三次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 滁州多利汽车科技股份有限公司（简称"公司"）第二届董事会第二十三次会 议通知于 2025 年 8 月 11 日以书面方式发出，会议于 2025 年 8 月 21 日在公司办 公地点召开。本次会议应出席董事 9 人，亲自出席董事 9 人。会议由董事长邓丽 琴女士主持，公司监事、高级管理人员和保荐机构代表列席会议。会议的召集和 召开符合《公司法》《公司章程》等有关规定。 详见刊登于 2025 年 8 月 22 日的《中国证券报》《证券时报》《上海证券报》 《 证 券 日 报 》《 经 济 参 考 报 》 及 深 圳 证 ...

格隆汇8月21日丨多利科技(001311.SZ)公布2025年半年度报告，上半年公司实现营业收入17.34亿元，同 比增长13.15%；归属于上市公司股东的净利润1.57亿元，同比下降28.13%；归属于上市公司股东的扣除 非经常性损益的净利润1.45亿元，同比下降32.13%；基本每股收益0.51元。 ...

Section I Important Notice, Table of Contents, and Definitions [Important Notice](index=2&type=section&id=重要提示) The Board, Supervisory Board, and senior management guarantee the semi-annual report's accuracy, with financial reports certified by key personnel, and no cash dividends or capital increases planned - The company's Board of Directors, Supervisory Board, and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report, assuming individual and joint legal responsibility[4](index=4&type=chunk) - Company head Jiang Jianqiang, chief accountant Cao Feng, and accounting department head Zhou Jun declare the financial report in this semi-annual report is true, accurate, and complete[4](index=4&type=chunk) - The company plans not to distribute cash dividends, send bonus shares, or convert capital reserves into share capital for this half-year period[6](index=6&type=chunk) [Table of Contents](index=3&type=section&id=目录) This section lists the report's nine main chapters and their starting page numbers, providing a structural overview for investors - The report comprises nine main chapters, covering important notices, company profile, management discussion and analysis, corporate governance, significant matters, share changes, bond information, financial report, and other submitted data[8](index=8&type=chunk) [Definitions](index=5&type=section&id=释义) This section defines key terms and entities used in the report, including company names, subsidiaries, customers, industry terms, and the reporting period, ensuring clear understanding - "Dolly Technology, the Company, this Company" refers to Chuzhou Dolly Automotive Technology Co., Ltd[12](index=12&type=chunk) - The reporting period is from January 1, 2025, to June 30, 2025[12](index=12&type=chunk) - "Integrated die-casting" refers to a processing method that uses large-tonnage die-casting machines to highly integrate multiple separate, dispersed components, forming several large aluminum castings in a single process[12](index=12&type=chunk) Section II Company Profile and Key Financial Indicators [Company Profile](index=7&type=section&id=公司简介) Chuzhou Dolly Automotive Technology Co., Ltd. (stock code 001311) is listed on the Shenzhen Stock Exchange, with no changes in contact information or registered address during the reporting period - The company's stock abbreviation is "Dolly Technology", stock code 001311, listed on the Shenzhen Stock Exchange[15](index=15&type=chunk) - The company's legal representative is Jiang Jianqiang, and the Board Secretary is Zhang Yepin[15](index=15&type=chunk)[16](index=16&type=chunk) - During the reporting period, there were no changes in the company's contact information, registered address, office address, website, email, or information disclosure storage location[17](index=17&type=chunk)[18](index=18&type=chunk) [Key Accounting Data and Financial Indicators](index=7&type=section&id=主要会计数据和财务指标) In H1 2025, revenue grew 13.15% to 1.73 billion yuan, but net profit attributable to shareholders decreased 28.13% to 157 million yuan, with basic EPS down 44.57% 2025 Semi-Annual Key Accounting Data and Financial Indicators | Item | Current Reporting Period (yuan) | Prior Year Period (yuan) | Change from Prior Year Period | | :--- | :--- | :--- | :--- | | Operating Revenue | 1,734,484,239.91 | 1,532,881,971.78 | 13.15% | | Net Profit Attributable to Shareholders of Listed Company | 157,401,611.39 | 219,011,253.93 | -28.13% | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-recurring Gains/Losses) | 145,140,303.85 | 213,852,000.16 | -32.13% | | Net Cash Flow from Operating Activities | 245,381,980.08 | 344,207,098.74 | -28.71% | | Basic Earnings Per Share (yuan/share) | 0.51 | 0.92 | -44.57% | | Diluted Earnings Per Share (yuan/share) | 0.51 | 0.92 | -44.57% | | Weighted Average Return on Net Assets | 3.43% | 4.98% | Decreased by 1.55 percentage points | | **Item** | **End of Current Reporting Period (yuan)** | **End of Prior Year (yuan)** | **Change from End of Prior Year** | | Total Assets | 6,007,567,640.40 | 5,903,292,570.94 | 1.77% | | Net Assets Attributable to Shareholders of Listed Company | 4,554,969,103.51 | 4,560,505,963.95 | -0.12% | - The company implemented its 2024 profit distribution and capital reserve to share capital transfer plan on June 10, 2025, transferring 3 shares for every 10, which increased total share capital and led to a recalculation of comparative period earnings per share[20](index=20&type=chunk) [Differences in Accounting Data under Domestic and Overseas Accounting Standards](index=8&type=section&id=境内外会计准则下会计数据差异) The company reported no differences in net profit and net assets between international/overseas accounting standards and Chinese accounting standards during the reporting period - The company reported no differences in net profit and net assets between financial reports disclosed under International Accounting Standards and Chinese Accounting Standards during the reporting period[21](index=21&type=chunk) - The company reported no differences in net profit and net assets between financial reports disclosed under overseas accounting standards and Chinese Accounting Standards during the reporting period[22](index=22&type=chunk) [Non-recurring Gains and Losses and Amounts](index=8&type=section&id=非经常性损益项目及金额) Non-recurring gains and losses totaled 12.26 million yuan, primarily from government subsidies, non-current asset disposal gains, and fair value changes of financial assets 2025 Semi-Annual Non-recurring Gains and Losses and Amounts | Item | Amount (yuan) | | :--- | :--- | | Gains/losses from disposal of non-current assets | 338,245.93 | | Government grants recognized in current profit/loss | 13,331,748.72 | | Gains/losses from changes in fair value of financial assets and liabilities held by non-financial enterprises, and gains/losses from disposal of financial assets and liabilities | 996,986.30 | | Other non-operating income and expenses apart from the above | 539,280.17 | | Other non-recurring gains/losses as defined | 350,872.73 | | Less: Income tax impact | 3,295,826.31 | | **Total** | **12,261,307.54** | - Other non-recurring gains/losses as defined primarily represent the individual income tax handling fee refund of **350,872.73 yuan** recognized in other income[24](index=24&type=chunk) Section III Management Discussion and Analysis [Main Business Activities During the Reporting Period](index=9&type=section&id=报告期内公司从事的主要业务) The company specializes in R&D, production, and sales of automotive stamping, welding assemblies, functional parts, molds, hot-formed, and integrated die-casting components, actively expanding into NEV markets [Automotive and Automotive Parts Industry Development](index=9&type=section&id=汽车及汽车零部件行业发展情况) In H1 2025, China's auto production and sales grew by 12.5% and 11.4% respectively, with NEV production and sales increasing significantly by over 40% 2025 Semi-Annual China Automotive Production and Sales Data | Indicator | Production/Sales Volume (ten thousand units) | Year-on-Year Growth Rate | | :--- | :--- | :--- | | Cumulative Auto Production/Sales | 1,562.1 / 1,565.3 | 12.5% / 11.4% | | Passenger Vehicle Production/Sales | 1,352.2 / 1,353.1 | 13.8% / 13.0% | | New Energy Vehicle Production/Sales | 696.8 / 693.7 | 41.4% / 40.3% | | NEV Sales Share | 44.3% | - | | Auto Vehicle Exports | 347.3 | 18.6% | | Auto Vehicle Export Value | 59.67 billion USD | 8.2% | - The automotive industry, a strategic pillar of the national economy, is undergoing transformation towards electrification, intelligence, and connectivity, with the automotive parts industry gradually shifting from traditional manufacturing to intelligent manufacturing[28](index=28&type=chunk)[30](index=30&type=chunk) [Company's Main Business Overview](index=9&type=section&id=公司主要业务情况) The company focuses on automotive stamping, welding, functional parts, molds, hot-forming, and integrated die-casting, becoming a qualified supplier for major NEV manufacturers like Tesla and BYD - The company is primarily engaged in the research and development, production, and sales of automotive stamping, welding assembly parts, functional parts, stamping molds, hot-formed parts, and integrated die-casting parts[31](index=31&type=chunk) - The company has become a qualified supplier for well-known new energy vehicle manufacturers such as **Tesla, Li Auto, Nio, Leapmotor, and BYD**, as well as new energy models under traditional vehicle manufacturers like JAC Motors[33](index=33&type=chunk) 2025 January-June Company Key Financial Performance | Indicator | Amount (billion yuan) | Year-on-Year Growth Rate | | :--- | :--- | :--- | | Operating Revenue | 1.734 | 13.15% | | Net Profit Attributable to Shareholders of Listed Company | 0.157 | -28.13% | [Company's Main Products](index=10&type=section&id=公司主要产品情况) Products include automotive stamping, welding, functional parts, molds, hot-formed, and integrated die-casting components, with strong mold development capabilities and multiple patents - The company's main products include automotive stamping parts (primarily white body stamping parts), welding assembly parts, functional parts, stamping molds, hot-formed parts, and integrated die-casting parts[35](index=35&type=chunk) - Integrated die-casting parts mainly include automotive rear floor parts, front cabin, and torsion box[35](index=35&type=chunk) - The company possesses industry-leading mold development capabilities, has established a complete technical process system, and has obtained multiple patents in core technical areas such as stamping mold design, development, and manufacturing[37](index=37&type=chunk) [Company's Main Business Model](index=11&type=section&id=公司主要经营模式) The company uses a "production-to-order" and "safety stock" model for parts, with direct sales to OEMs and suppliers, and order-based production for molds - The main raw materials for the company's stamping and integrated die-casting parts are automotive steel, aluminum, aluminum ingots, and other components, with procurement modes divided into non-designated procurement and designated procurement[38](index=38&type=chunk)[40](index=40&type=chunk) - The company's parts products primarily adopt a "production-to-order" and "safety stock" combined production model, with production and transportation layouts organized around vehicle manufacturers' production bases[41](index=41&type=chunk) - The company employs a direct sales model, with customers including vehicle manufacturers and parts suppliers, mainly focusing on vehicle manufacturers, and has become a Tier 1 supplier for renowned vehicle manufacturers such as SAIC Volkswagen and Tesla[42](index=42&type=chunk) - Stamping mold sales models are divided into two types: revenue recognized separately (sales realized after customer acceptance) and revenue not recognized separately (mold value reflected in subsequent parts sales unit price)[49](index=49&type=chunk) [Analysis of Core Competencies](index=13&type=section&id=核心竞争力分析) The company's core competencies stem from advanced technology in mold development, stamping, welding, and integrated die-casting, efficient cost control, diverse product structure, strong customer base, strategic regional layout, and experienced management [Technological and R&D Advantages](index=13&type=section&id=技术和研发优势) Strong capabilities in mold development, stamping (solving ultra-high strength steel rebound), welding (lightweight materials), and integrated die-casting, with established R&D systems - The company has formed a complete technical process from preliminary process design analysis and stamping process simulation analysis to subsequent mold design and manufacturing, and has obtained multiple patents in core technologies such as stamping mold design, development, and manufacturing[50](index=50&type=chunk) - The company has solved the problem of easy springback of ultra-high strength steel during cold stamping and has accumulated rich experience in lightweight material joining, including steel-aluminum, aluminum plate, cast aluminum, and extruded aluminum connections[52](index=52&type=chunk) - The company is a pioneer in the large-scale integrated die-casting field, having secured customer project designations and achieved mass production, with major customers including **Nio, Leapmotor, and Li Auto**[53](index=53&type=chunk) [Production Equipment Advantages](index=14&type=section&id=生产设备优势) Possesses advanced equipment like robotic flexible stamping lines, multi-station progressive die lines, robotic welding lines, and large-scale integrated die-casting units, ensuring high quality and efficiency - The company possesses advanced production equipment such as robotic flexible automatic stamping production lines, multi-station progressive die automatic stamping lines, robotic welding production lines, and fully automatic blue light scanning equipment, enhancing production efficiency and product quality[54](index=54&type=chunk) - In the research and development and production of integrated die-casting body parts, the company has established large aluminum alloy integrated die-casting island units (using the Swiss Buhler brand), high-precision five-axis machining centers, and automated assembly lines[55](index=55&type=chunk) [Cost Control Advantages](index=14&type=section&id=成本控制优势) Achieves cost control through ERP system optimization, "machine-for-labor" automation, and strategic production facility placement near OEMs to reduce transportation costs - The company has introduced an ERP information management system to build a centralized and unified information management center, improving resource utilization efficiency[56](index=56&type=chunk) - By introducing industrial robots and other advanced production equipment, the company achieves "machine-for-labor" to reduce labor costs and improve work efficiency and product precision[56](index=56&type=chunk) - The company strategically locates its production facilities around vehicle manufacturers' production bases, significantly shortening transportation distances and saving transportation costs[56](index=56&type=chunk) [Product Structure Advantages](index=15&type=section&id=产品结构优势) Diverse product portfolio including molds, stamping, integrated die-casting, and hot-formed parts, offering synergistic effects, performance assurance, and risk mitigation - The company integrates businesses such as mold and inspection tool production, development and manufacturing, as well as manufacturing of large, medium, and small stamping parts, integrated die-casting parts, hot-formed parts, and assembly welding[58](index=58&type=chunk) - A diversified and high-quality product structure provides assurance for the company's performance and enhances its ability to withstand risks[58](index=58&type=chunk) [Customer Resource Advantages](index=15&type=section&id=客户资源优势) Long-term, stable partnerships with major traditional and NEV OEMs (e.g., SAIC VW, Tesla, Li Auto), providing strong brand effect and support for new customer acquisition - The company has established stable cooperative relationships with multiple vehicle manufacturers such as SAIC Volkswagen, SAIC General Motors, SAIC Passenger Vehicle, and SAIC Maxus[59](index=59&type=chunk) - The company has become a qualified supplier for renowned new energy vehicle manufacturers such as **Tesla, Li Auto, Nio, Leapmotor, and BYD**, as well as new energy models under traditional vehicle manufacturers like JAC Motors[59](index=59&type=chunk) - The company's cooperation with SAIC Volkswagen and Shanghai Tongzhou has exceeded **20 years**, and with SAIC General Motors, Shanghai Huizhong, and Xinpeng Co., Ltd., it has exceeded **10 years**[59](index=59&type=chunk) [Regional Layout Advantages](index=15&type=section&id=区域布局优势) Strategic production base deployment near automotive industry clusters in regions like Shanghai, Jiangsu, and Anhui, focusing on the Yangtze River Delta and central NEV clusters - The company implements a strategy of establishing production bases close to automotive industry clusters, having set up facilities in Shanghai Anting, Jiangsu Kunshan, Anhui Chuzhou, Shandong Yantai, Zhejiang Ningbo, Hunan Changsha, Jiangsu Changzhou, Shanghai Lingang, Jiangsu Yancheng, Anhui Lu'an, and Zhejiang Jinhua[60](index=60&type=chunk) - The company focuses on the Yangtze River Delta industrial cluster, which has the strongest automotive consumption capacity, while also considering the central automotive industrial cluster, which boasts prominent advantages in new energy and independent brands[60](index=60&type=chunk) [Management Advantages](index=15&type=section&id=管理优势) Experienced management team with robust production and internal control systems, leveraging ERP, SCM, MES, and other IT systems for real-time information sharing and efficient operations - The company's operations and management team possesses rich industry experience and forward-looking thinking, having established relatively complete production and operation management systems and internal control systems[61](index=61&type=chunk) - The company has progressively introduced ERP, SCM, barcode systems, MES, and other information management systems to achieve real-time information sharing across all links, improving communication efficiency and supporting cost control and product quality assurance[61](index=61&type=chunk) [Main Business Analysis](index=15&type=section&id=主营业务分析) Main business revenue increased 13.15% to 1.73 billion yuan, but higher cost growth led to a decline in gross margin; stamping and integrated die-casting revenue grew, while mold revenue decreased 2025 Semi-Annual Key Financial Data Year-on-Year Change | Item | Current Reporting Period (yuan) | Prior Year Period (yuan) | Year-on-Year Change | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 1,734,484,239.91 | 1,532,881,971.78 | 13.15% | Due to fluctuations in downstream customer terminal product sales | | Operating Cost | 1,428,171,574.31 | 1,188,425,650.03 | 20.17% | Due to fluctuations in downstream customer terminal product sales and increased asset depreciation and amortization | | Selling Expenses | 5,245,096.95 | 3,997,938.03 | 31.20% | Primarily due to increased marketing and office expenses in the current period | | Administrative Expenses | 70,835,915.62 | 57,085,152.99 | 24.09% | Primarily due to increased employee compensation and office expenses compared to the prior period | | R&D Investment | 57,569,708.45 | 40,331,631.66 | 42.74% | Primarily due to an increase in new vehicle model R&D projects | | Net Cash Flow from Operating Activities | 245,381,980.08 | 344,207,098.74 | -28.71% | - | 2025 Semi-Annual Operating Revenue Composition | Item | Current Reporting Period Amount (yuan) | Proportion of Operating Revenue | Prior Year Period Amount (yuan) | Proportion of Operating Revenue | Year-on-Year Change | | :--- | :--- | :--- | :--- | :--- | :--- | | Total Operating Revenue | 1,734,484,239.91 | 100.00% | 1,532,881,971.78 | 100.00% | 13.15% | | Automotive Parts | 1,734,484,239.91 | 100.00% | 1,532,881,971.78 | 100.00% | 13.15% | | Stamping and Integrated Die-casting Parts | 1,624,198,962.87 | 93.64% | 1,391,854,265.75 | 90.80% | 16.69% | | Stamping Molds | 31,510,681.42 | 1.82% | 48,045,500.00 | 3.13% | -34.41% | | Domestic Sales | 1,639,753,465.68 | 94.54% | 1,458,732,351.98 | 95.16% | 12.41% | | Export Sales | 94,730,774.23 | 5.46% | 74,149,619.80 | 4.84% | 27.76% | 2025 Semi-Annual Main Business Gross Margin Change | Item | Gross Margin | Operating Revenue Year-on-Year Change | Operating Cost Year-on-Year Change | Gross Margin Year-on-Year Change | | :--- | :--- | :--- | :--- | :--- | | Automotive Parts | 17.66% | 13.15% | 20.17% | -4.81% | | Stamping and Integrated Die-casting Parts | 13.93% | 16.69% | 21.95% | -3.71% | | Stamping Molds | 10.00% | -34.41% | -30.71% | -4.81% | | Export Sales | 35.34% | 27.76% | 16.21% | 6.43% | [Non-Main Business Analysis](index=16&type=section&id=非主营业务分析) Non-main business activities impacted total profit, with investment income from wealth management products being non-sustainable, while asset impairment losses increased due to inventory write-downs 2025 Semi-Annual Non-Main Business Impact on Total Profit | Item | Amount (yuan) | Proportion of Total Profit | Reason for Formation | Sustainability | | :--- | :--- | :--- | :--- | :--- | | Investment Income | 996,986.30 | 0.55% | Primarily income from purchasing wealth management products | No | | Asset Impairment | -16,146,555.27 | -8.84% | Primarily due to increased provision for inventory depreciation in the current period | Yes | | Credit Impairment Loss | 12,734,646.22 | 6.97% | Primarily due to reduced bad debts | Yes | [Analysis of Assets and Liabilities](index=17&type=section&id=资产及负债状况分析) Total assets increased 1.77%, while net assets attributable to shareholders slightly decreased; inventory and construction in progress significantly increased, and accounts receivable decreased 2025 Semi-Annual 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 | Explanation of Significant Change | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Monetary Funds | 441,445,399.04 | 7.35% | 546,981,655.31 | 9.27% | -1.92% | - | | Accounts Receivable | 971,176,644.06 | 16.17% | 1,203,686,046.03 | 20.39% | -4.22% | - | | Inventories | 972,835,182.35 | 16.19% | 807,677,250.55 | 13.68% | 2.51% | Increased inventory scale due to new customer orders in the current period | | Construction in Progress | 374,331,603.76 | 6.23% | 164,597,277.61 | 2.79% | 3.44% | Primarily due to increased factory buildings and machinery equipment under construction in the current period | | Contract Liabilities | 35,832,219.55 | 0.60% | 13,683,247.58 | 0.23% | 0.37% | - | - As of the end of the reporting period, some of the company's monetary funds were restricted, totaling **39,027,400.00 yuan**, due to letter of credit margins, performance bonds, and restricted bank deposits[68](index=68&type=chunk) [Analysis of Investment Status](index=18&type=section&id=投资状况分析) Total investment decreased by 28.34%; overall utilization of raised funds was 88.38%, with some projects achieving expected benefits, but the Yancheng project underperformed due to delays [Overall Situation](index=18&type=section&id=总体情况) Total investment for the period was 136.50 million yuan, a 28.34% decrease year-on-year, with no securities or derivatives investments Reporting Period Investment Amount | Indicator | Amount (yuan) | Change | | :--- | :--- | :--- | | Reporting Period Investment Amount | 136,499,628.77 | -28.34% | | Prior Year Period Investment Amount | 190,492,055.11 | - | - The company had no securities investments during the reporting period[70](index=70&type=chunk) - The company had no derivatives investments during the reporting period[71](index=71&type=chunk) [Use of Raised Funds](index=19&type=section&id=募集资金使用情况) Raised funds directly invested in projects totaled 87.06 million yuan in H1 2025, with an overall utilization rate of 88.38%; some projects were closed, and surplus funds were used for working capital 2025 Semi-Annual Use of Raised Funds | Indicator | Amount (ten thousand yuan) | | :--- | :--- | | Total Raised Funds Used in Current Period | 8,706.42 | | Total Raised Funds Used Cumulatively | 179,123.24 | | Raised Funds Utilization Rate at End of Reporting Period | 88.38% | | Total Unused Raised Funds | 21,899.61 | | Total Cumulatively Changed Use of Raised Funds | 63,000.00 | | Proportion of Cumulatively Changed Use of Raised Funds | 31.09% | - The Yancheng Dolly Automotive Parts Co., Ltd. automotive parts manufacturing project did not achieve its expected benefits, primarily due to delays in relevant customer projects and lower-than-expected new vehicle sales, failing to achieve the anticipated scale effect[77](index=77&type=chunk) - The company has permanently supplemented working capital with **48.91 million yuan** of surplus raised funds from projects such as "Chuzhou Dolly Automotive Technology Co., Ltd. Automotive Parts Automation Factory Project" and "Changzhou Daya Automotive Parts Co., Ltd. Automotive Parts Production Project"[78](index=78&type=chunk) - The use of some raised funds was changed to "Changzhou Dolly Automotive Parts Co., Ltd. Automotive Precision Parts and Integrated Chassis Structural Parts Project" and "Shanghai Daya Auto Parts Co., Ltd. Lingang Daya Automotive Parts Intelligent Manufacturing Base Project" to adapt to industry development trends and customer needs[79](index=79&type=chunk)[81](index=81&type=chunk) [Significant Asset and Equity Sales](index=23&type=section&id=重大资产和股权出售) The company did not engage in any significant asset or equity sales during the reporting period - The company did not sell significant assets during the reporting period[82](index=82&type=chunk) - The company did not sell significant equity during the reporting period[83](index=83&type=chunk) [Analysis of Major Holding and Participating Companies](index=23&type=section&id=主要控股参股公司分析) Key subsidiaries include Kunshan Daya, Shanghai Daya, and Anhui Daya, with Kunshan Daya having the highest net profit; Kunshan Daya Smart Technology was newly established for robotics and composite materials Major Subsidiary Financials (Unit: ten thousand yuan) | Company Name | Registered Capital | Total Assets | Net Assets | Operating Revenue | Operating Profit | Net Profit | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Kunshan Daya | 119,000.00 | 308,549.28 | 206,587.80 | 207,133.26 | 12,726.39 | 11,089.89 | | Shanghai Daya | 500.00 | 37,101.38 | 11,332.86 | 30,784.74 | 2,217.99 | 1,665.38 | | Anhui Daya | 46,000.00 | 60,698.36 | 40,075.41 | 16,132.19 | -1,884.37 | -1,413.28 | - In the first half of 2025, the company's subsidiary Kunshan Daya established a wholly-owned subsidiary, Kunshan Daya Smart Technology Co., Ltd., primarily for the research and development and production of robots and related components, non-metallic composite materials, and other businesses[83](index=83&type=chunk) [Risks Faced by the Company and Countermeasures](index=23&type=section&id=公司面临的风险和应对措施) The company faces risks from policy changes, market competition, NEV development uncertainties, and raw material price fluctuations, addressing them through R&D, market expansion, and supply chain management - The company faces automotive industry policy risks and will closely monitor policy dynamics, flexibly adjust business strategies, increase R&D investment, and enhance product competitiveness[84](index=84&type=chunk) - The company faces market competition and business substitution risks and will continuously enhance its technological R&D capabilities, closely monitor market trends, strengthen brand building, and expand domestic and international markets[84](index=84&type=chunk)[85](index=85&type=chunk) - New energy vehicle development poses uncertainty risks, and the company will continuously monitor market dynamics, maintain communication with existing customers, actively expand new customers and new models, increase R&D investment, and optimize product structure[86](index=86&type=chunk) - Raw material price fluctuations significantly impact the company's costs, and the company will strengthen market analysis and forecasting, establish a product price adjustment mechanism, improve raw material utilization, and build long-term stable cooperative relationships with suppliers[86](index=86&type=chunk)[87](index=87&type=chunk) [Implementation of Market Value Management System and Valuation Enhancement Plan](index=24&type=section&id=市值管理制度和估值提升计划的制定落实情况) 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 during the reporting period[88](index=88&type=chunk) - The company did not disclose a valuation enhancement plan during the reporting period[88](index=88&type=chunk) [Implementation of "Quality and Return Dual Improvement" Action Plan](index=24&type=section&id=“质量回报双提升”行动方案贯彻落实情况) 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 during the reporting period[88](index=88&type=chunk) Section IV Corporate Governance, Environment, and Society [Changes in Directors, Supervisors, and Senior Management](index=25&type=section&id=公司董事、监事、高级管理人员变动情况) There were no changes in the company's directors, supervisors, or senior management during the reporting period - There were no changes in the company's directors, supervisors, and senior management during the reporting period[90](index=90&type=chunk) [Profit Distribution and Capital Reserve to Share Capital Transfer for the Current Period](index=25&type=section&id=本报告期利润分配及资本公积金转增股本情况) The company plans no cash dividends, bonus shares, or capital increase from capital reserves for this half-year period - The company plans not to distribute cash dividends, send bonus shares, or convert capital reserves into share capital for this half-year period[91](index=91&type=chunk) [Implementation of Equity Incentive Plans, Employee Stock Ownership Plans, or Other Employee Incentive Measures](index=25&type=section&id=公司股权激励计划、员工持股计划或其他员工激励措施的实施情况) The company had no equity incentive plans, employee stock ownership plans, or other employee incentive measures in place during the reporting period - The company had no equity incentive plans, employee stock ownership plans, or other employee incentive measures and their implementation during the reporting period[92](index=92&type=chunk) [Environmental Information Disclosure](index=25&type=section&id=环境信息披露情况) The company and its major subsidiaries are not included in the list of enterprises required to disclose environmental information by law - The listed company and its major subsidiaries are not included in the list of enterprises required to disclose environmental information by law[93](index=93&type=chunk) [Social Responsibility](index=25&type=section&id=社会责任情况) The company prioritizes social responsibility, adhering to laws, enhancing governance, protecting stakeholders, valuing employee rights, ensuring product quality, and promoting green operations for sustainable development - The company strictly adheres to laws and regulations such as the "Company Law" and "Securities Law," enhancing corporate governance and safeguarding the legitimate rights and interests of investors and creditors[93](index=93&type=chunk) - The company values employee rights, guarantees employee rights in accordance with the "Labor Contract Law," establishes talent training and incentive mechanisms, and provides diverse training opportunities[94](index=94&type=chunk) - The company upholds the principle of integrity in business, pays close attention to product quality and service quality, maintains close communication with customers, and has established a comprehensive supplier management system[94](index=94&type=chunk) - The company adheres to green operations and environmental protection priorities, strictly complies with environmental laws and regulations, continuously promotes clean production and energy conservation and emission reduction, and earnestly fulfills its environmental protection responsibilities[94](index=94&type=chunk) Section V Significant Matters [Commitments](index=26&type=section&id=承诺事项) The company had no unfulfilled or overdue commitments from controlling shareholders, related parties, or the company itself during the reporting period - The company reported no commitments made by its actual controller, shareholders, related parties, acquirers, or the company itself that were fulfilled during the reporting period or remained unfulfilled beyond their due date as of the end of the reporting period[96](index=96&type=chunk) [Non-operating Funds Occupied by Controlling Shareholders and Other Related Parties](index=26&type=section&id=控股股东及其他关联方对上市公司的非经营性占用资金情况) There were no instances of non-operating funds being occupied by controlling shareholders or other related parties of the listed company during the reporting period - The company reported no non-operating funds occupied by controlling shareholders or other related parties of the listed company during the reporting period[96](index=96&type=chunk) [Irregular External Guarantees](index=26&type=section&id=违规对外担保情况) The company had no irregular external guarantees during the reporting period - The company reported no irregular external guarantees during the reporting period[97](index=97&type=chunk) [Appointment and Dismissal of Accounting Firms](index=26&type=section&id=聘任、解聘会计师事务所情况) The company's semi-annual financial report was not audited - The company's semi-annual report was not audited[98](index=98&type=chunk) [Board of Directors' and Supervisory Board's Explanation on "Non-Standard Audit Report" for the Current Period](index=26&type=section&id=董事会、监事会对会计师事务所本报告期“非标准审计报告”的说明) This explanation is not applicable to the company for the reporting period - Not applicable[99](index=99&type=chunk) [Board of Directors' Explanation on "Non-Standard Audit Report" for the Previous Year](index=26&type=section&id=董事会对上年度“非标准审计报告”相关情况的说明) This explanation is not applicable to the company for the reporting period - Not applicable[99](index=99&type=chunk) [Bankruptcy and Reorganization Matters](index=26&type=section&id=破产重整相关事项) The company had no bankruptcy or reorganization matters during the reporting period - The company reported no bankruptcy or reorganization matters during the reporting period[99](index=99&type=chunk) [Litigation Matters](index=26&type=section&id=诉讼事项) The company had no significant litigation or arbitration matters, only several minor lawsuits (e.g., compensation, contract disputes) with small amounts, none significantly impacting the company - The company had no significant litigation or arbitration matters in this reporting period[100](index=100&type=chunk) - The company has multiple minor lawsuits, such as an economic compensation dispute between Li* and Kunshan Daya Automotive Parts Co., Ltd. (involved amount **25,000 yuan**, settled through mediation), and a contract dispute between Yancheng Dolly Automotive Parts Co., Ltd. and Yancheng Zhengshun Machinery Manufacturing Co., Ltd. (involved amount **2.04 million yuan**, under trial)[101](index=101&type=chunk) - All other listed litigation matters involve small amounts, do not meet disclosure standards, and have no significant impact on the company[101](index=101&type=chunk) [Penalties and Rectification](index=27&type=section&id=处罚及整改情况) Subsidiary Changzhou Dolly was fined 27,500 yuan for safety production violations and promptly rectified; the company and senior management received a warning letter from the CSRC for non-compliant use of raised funds - The company's wholly-owned subsidiary, Changzhou Dolly, was fined **27,500 yuan** by the Jintan District Emergency Management Bureau of Changzhou City for failing to uniformly coordinate and manage the safety production work of its contracting unit, and has promptly rectified the issue[474](index=474&type=chunk) - The company and senior management personnel Zhang Yepin and Cao Feng received administrative supervisory measures in the form of a warning letter from the Anhui Regulatory Bureau of the China Securities Regulatory Commission for issues such as non-compliant replacement of raised funds, irregular use of special accounts, and use for non-raised fund purposes, and were recorded in the securities and futures market integrity file[102](index=102&type=chunk) [Integrity Status of the Company, Controlling Shareholders, and Actual Controllers](index=27&type=section&id=公司及其控股股东、实际控制人的诚信状况) The company's controlling shareholders and actual controllers have no unfulfilled court judgments or large overdue debts - The company's controlling shareholders and actual controllers have no unfulfilled effective court judgments or large overdue debts[102](index=102&type=chunk) [Significant Related Party Transactions](index=28&type=section&id=重大关联交易) The company engaged in routine related party transactions for goods and services with entities controlled by actual controller's relatives, all within approved limits; key management compensation totaled 5.05 million yuan 2025 Semi-Annual Related Party Transactions for Purchases/Acceptance of Services (Unit: yuan) | Related Party | Related Transaction Content | Amount in Current Period | Approved Transaction Limit | Exceeded Approved Limit | | :--- | :--- | :--- | :--- | :--- | | Wuxi Huaerzhong Auto Parts Co., Ltd. | Parts and miscellaneous materials | 9,280,189.82 | 50,000,000.00 | No | | Wuxi Bangqi Auto Parts Co., Ltd. | Parts and miscellaneous materials | 12,297,578.30 | 50,000,000.00 | No | | Wuxi Xiaocheng Precision Manufacturing Co., Ltd. | Parts and miscellaneous materials | 40,913,148.28 | 110,000,000.00 | No | | Jixi Dolly Breeding Co., Ltd. | Food | 51,607.00 | 250,000.00 | No | 2025 Semi-Annual Related Party Transactions for Sales/Provision of Services (Unit: yuan) | Related Party | Related Transaction Content | Amount in Current Period | | :--- | :--- | :--- | | Wuxi Huaerzhong Auto Parts Co., Ltd. | Raw materials and miscellaneous materials | 3,372,603.45 | | Wuxi Bangqi Auto Parts Co., Ltd. | Raw materials and miscellaneous materials | 161,364.49 | | Wuxi Xiaocheng Precision Manufacturing Co., Ltd. | Raw materials and miscellaneous materials | 11,344,824.95 | Key Management Personnel Compensation | Item | Amount in Current Period (ten thousand yuan) | | :--- | :--- | | Total Compensation | 505.41 | - The company reported no related party transactions involving asset or equity acquisition/disposal, joint external investments, related party creditor/debtor relationships, or dealings with affiliated financial companies during the reporting period[104](index=104&type=chunk)[105](index=105&type=chunk)[106](index=106&type=chunk)[107](index=107&type=chunk)[108](index=108&type=chunk) [Significant Contracts and Their Performance](index=29&type=section&id=重大合同及其履行情况) No significant entrustment, contracting, or guarantees; subsidiaries have operating leases for factory buildings; raised funds were used for wealth management, with 160 million yuan outstanding - The company reported no entrustment or contracting situations during the reporting period[110](index=110&type=chunk)[111](index=111&type=chunk) - The company's subsidiaries, Shanghai Daya and Anhui Yaomei, lease multiple factory buildings, with lease terms extending to 2029-2030[112](index=112&type=chunk) 2025 Semi-Annual Entrusted Wealth Management | Specific Type | Source of Entrusted Wealth Management Funds | Amount of Entrusted Wealth Management (ten thousand yuan) | Unmatured Balance (ten thousand yuan) | Overdue Unrecovered Amount | | :--- | :--- | :--- | :--- | :--- | | Bank Wealth Management Products | Raised Funds | 24,000.00 | 16,000.00 | 0 | - The company reported no significant guarantees or other major contracts during the reporting period[114](index=114&type=chunk)[117](index=117&type=chunk) [Explanation of Other Significant Matters](index=30&type=section&id=其他重大事项的说明) There are no other significant matters requiring explanation during the reporting period - The company reported no other significant matters requiring explanation during the reporting period[118](index=118&type=chunk) [Significant Matters of Company Subsidiaries](index=30&type=section&id=公司子公司重大事项) Subsidiaries are constructing two major investment projects (Lingang Daya Intelligent Manufacturing Base, Jinhua Integrated Body Structure Project); the company plans to acquire 52% equity in Fagor Arrasate Automotive Parts (Kunshan) Co., Ltd. - The company's subsidiary plans to invest in and construct the Lingang Daya Automotive Parts Intelligent Manufacturing Base Project in the Lingang New Area, which is currently proceeding according to the planned schedule[119](index=119&type=chunk) - The company plans to invest in and construct an integrated automotive body structural parts project in Jinhua Economic and Technological Development Zone, including die-casting production lines, which is currently proceeding according to the planned schedule[120](index=120&type=chunk) - The company plans to acquire **52% equity** in Fagor Arrasate Automotive Parts (Kunshan) Co., Ltd. from EDERLAN SUBSIDIARIES, S.A. through its wholly-owned subsidiary Kunshan Daya, with both parties currently carrying out equity transfer procedures as stipulated in the agreement[121](index=121&type=chunk) Section VI Share Changes and Shareholder Information [Share Changes](index=31&type=section&id=股份变动情况) Total share capital increased from 238.85 million to 310.51 million shares due to the 2024 profit distribution and capital reserve transfer, affecting both restricted and unrestricted shares Share Changes (Unit: shares) | Item | Number Before Change | Proportion Before Change | Capital Reserve to Share Capital Transfer | Other | Subtotal | Number After Change | Proportion After Change | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | I. Restricted Shares | 178,227,887 | 74.62% | 53,468,366 | -33,588 | 53,434,778 | 231,662,665 | 74.61% | | II. Unrestricted Shares | 60,625,447 | 25.38% | 18,187,634 | 33,588 | 18,221,222 | 78,846,669 | 25.39% | | III. Total Shares | 238,853,334 | 100.00% | 71,656,000 | 0 | 71,656,000 | 310,509,334 | 100.00% | - The company's 2024 annual general meeting approved the 2024 profit distribution and capital reserve to share capital transfer plan, transferring **3 shares for every 10** from capital reserves to all shareholders, totaling **71,656,000 shares**, which was completed on June 10, 2025[124](index=124&type=chunk)[126](index=126&type=chunk) - The share changes resulted in the recalculation of basic earnings per share, diluted earnings per share, and net assets per share attributable to shareholders of the listed company at the beginning of the current year, from **0.92 yuan/share, 0.92 yuan/share, and 19.09 yuan/share** to **0.71 yuan/share, 0.71 yuan/share, and 14.69 yuan/share**, respectively[127](index=127&type=chunk) [Securities Issuance and Listing](index=32&type=section&id=证券发行与上市情况) The company had no securities issuance or listing activities during the reporting period - Not applicable[129](index=129&type=chunk) [Number of Shareholders and Shareholding](index=32&type=section&id=公司股东数量及持股情况) Total ordinary shareholders were 20,265; controlling shareholder Cao Dalong held 47.41%, and together with his concerted parties, held a significant stake; some shares of Cao Dalong and Deng Liqin were pledged - The total number of ordinary shareholders at the end of the reporting period was **20,265**[129](index=129&type=chunk) Shareholding of Shareholders Holding 5% or More or Top 10 Shareholders (Unit: shares) | Shareholder Name | Shareholder Nature | Shareholding Percentage | Number of Shares Held at End of Reporting Period | Number of Restricted Shares Held | Number of Unrestricted Shares Held | Pledged, Marked, or Frozen Status (Number) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Cao Dalong | Domestic Natural Person | 47.41% | 147,199,000 | 147,199,000 | 0 | Pledged 5,915,000 | | Deng Liqin | Domestic Natural Person | 23.35% | 72,501,845 | 72,501,000 | 0 | Pledged 9,295,000 | | Zhang Yepin | Domestic Natural Person | 1.13% | 3,515,200 | 2,636,400 | 878,800 | Pledged 2,619,500 | | Jiang Jianqiang | Domestic Natural Person | 1.10% | 3,405,350 | 3,405,350 | 0 | Not applicable 0 | | Basic Pension Insurance Fund 16052 Portfolio | Other | 0.87% | 2,702,218 | 0 | 2,702,218 | Not applicable 0 | - Cao Dalong is the company's controlling shareholder and actual controller, and is a concerted party with Jiang Jianqiang, Cao Yanxia, Cao Wu, Deng Liqin, and Deng Zhujun[130](index=130&type=chunk) [Changes in Shareholdings of Directors, Supervisors, and Senior Management](index=34&type=section&id=董事、监事和高级管理人员持股变动) Shareholdings of directors, supervisors, and senior management increased due to the 2024 capital reserve to share capital transfer Changes in Shareholdings of Directors, Supervisors, and Senior Management (Unit: shares) | Name | Position | Shares Held at Beginning of Period | Number of Shares Increased in Current Period | Shares Held at End of Period | | :--- | :--- | :--- | :--- | :--- | | Deng Liqin | Chairman | 55,770,650 | 16,731,195 | 72,501,845 | | Cao Dalong | Director | 113,230,000 | 33,969,000 | 147,199,000 | | Jiang Jianqiang | Director, General Manager | 2,619,500 | 785,850 | 3,405,350 | | Cao Yanxia | Director, Deputy General Manager | 1,216,800 | 365,040 | 1,581,840 | | Zhang Yepin | Director, Board Secretary | 2,704,000 | 811,200 | 3,515,200 | | Cao Wu | Deputy General Manager | 1,740,700 | 522,210 | 2,262,910 | | Cao Feng | Financial Controller | 135,200 | 40,560 | 175,760 | - The changes in company shares held by directors, supervisors, and senior management are primarily due to the company's 2024 equity distribution plan, which involved transferring 3 shares for every 10 from capital reserves to all shareholders, resulting in a corresponding increase in shareholder holdings[132](index=132&type=chunk) [Changes in Controlling Shareholder or Actual Controller](index=34&type=section&id=控股股东或实际控制人变更情况) There were no changes in the company's controlling shareholder or actual controller during the reporting period - The company's controlling shareholder did not change during the reporting period[133](index=133&type=chunk) - The company's actual controller did not change during the reporting period[133](index=133&type=chunk) [Preferred Share Information](index=34&type=section&id=优先股相关情况) The company had no preferred shares during the reporting period - The company had no preferred shares during the reporting period[134](index=134&type=chunk) Section VII Bond-Related Information [Not Applicable](index=35&type=section&id=不适用) The company had no bond-related information during the reporting period - Not applicable[137](index=137&type=chunk) Section VIII Financial Report [Audit Report](index=36&type=section&id=审计报告) The company's semi-annual financial report was not audited - The company's semi-annual financial report was not audited[139](index=139&type=chunk) [Financial Statements](index=36&type=section&id=财务报表) This section presents the company's H1 2025 consolidated and parent company balance sheets, income statements, cash flow statements, and statements of changes in equity, reflecting financial position, operating results, and cash flows [Consolidated Balance Sheet](index=36&type=section&id=合并资产负债表) As of June 30, 2025, consolidated total assets were 6.01 billion yuan, up 1.77%; inventory and construction in progress significantly increased, while accounts receivable decreased June 30, 2025 Consolidated Balance Sheet Key Data (Unit: yuan) | Item | Period-End Balance | Period-Beginning Balance | | :--- | :--- | :--- | | Total Assets | 6,007,567,640.40 | 5,903,292,570.94 | | Total Current Assets | 2,863,867,400.07 | 2,928,940,477.47 | | Total Non-Current Assets | 3,143,700,240.33 | 2,974,352,093.47 | | Total Liabilities | 1,452,598,536.89 | 1,345,693,345.04 | | Total Owners' Equity | 4,554,969,103.51 | 4,557,599,225.90 | | Monetary Funds | 441,445,399.04 | 546,981,655.31 | | Accounts Receivable | 971,176,644.06 | 1,203,686,046.03 | | Inventories | 972,835,182.35 | 807,677,250.55 | | Construction in Progress | 374,331,603.76 | 164,597,277.61 | | Share Capital | 310,509,334.00 | 238,853,334.00 | [Parent Company Balance Sheet](index=38&type=section&id=母公司资产负债表) As of June 30, 2025, parent company total assets were 4.72 billion yuan, up 1.49%; long-term equity investments were the main non-current asset June 30, 2025 Parent Company Balance Sheet Key Data (Unit: yuan) | Item | Period-End Balance | Period-Beginning Balance | | :--- | :--- | :--- | | Total Assets | 4,722,214,629.24 | 4,652,805,868.66 | | Total Current Assets | 587,812,875.09 | 585,230,824.74 | | Total Non-Current Assets | 4,134,401,754.15 | 4,067,575,043.92 | | Total Liabilities | 444,551,645.60 | 220,985,295.05 | | Total Owners' Equity | 4,277,662,983.64 | 4,431,820,573.61 | | Long-term Equity Investments | 3,878,880,661.57 | 3,815,885,661.57 | | Share Capital | 310,509,334.00 | 238,853,334.00 | [Consolidated Income Statement](index=39&type=section&id=合并利润表) In H1 2025, consolidated total operating revenue was 1.73 billion yuan (up 13.15%), but net profit decreased to 157 million yuan (down 28.13%) due to higher costs and impairment losses 2025 Semi-Annual Consolidated Income Statement Key Data (Unit: yuan) | Item | 2025 Semi-Annual | 2024 Semi-Annual | | :--- | :--- | :--- | | Total Operating Revenue | 1,734,484,239.91 | 1,532,881,971.78 | | Total Operating Costs | 1,569,385,756.98 | 1,295,736,412.34 | | Operating Profit | 181,844,095.24 | 264,340,209.79 | | Total Profit | 182,655,678.99 | 264,431,086.90 | | Net Profit | 157,401,611.39 | 218,013,445.96 | | Net Profit Attributable to Parent Company Shareholders | 157,401,611.39 | 219,011,253.93 | | Credit Impairment Loss | 12,734,646.23 | 18,220,767.15 | | Asset Impairment Loss | -16,146,555.27 | -8,558,474.08 | [Parent Company Income Statement](index=41&type=section&id=母公司利润表) In H1 2025, parent company operating revenue was 196 million yuan (down 4.07%), and net profit significantly decreased to 5.87 million yuan (down 70.49%) 2025 Semi-Annual Parent Company Income Statement Key Data (Unit: yuan) | Item | 2025 Semi-Annual | 2024 Semi-Annual | | :--- | :--- | :--- | | Operating Revenue | 196,118,583.49 | 204,441,450.23 | | Operating Cost | 165,381,859.88 | 167,509,137.01 | | Operating Profit | 7,214,648.25 | 26,359,407.72 | | Total Profit | 7,216,224.00 | 25,961,087.61 | | Net Profit | 5,874,143.81 | 19,906,773.76 | | Credit Impairment Loss | -677,924.32 | 12,379.12 | | Asset Impairment Loss | -6,427,629.54 | -2,688,512.23 | [Consolidated Cash Flow Statement](index=41&type=section&id=合并现金流量表) In H1 2025, net cash from operating activities was 245 million yuan (down 28.71%); net cash used in investing activities decreased, while net cash used in financing activities also decreased 2025 Semi-Annual Consolidated Cash Flow Statement Key Data (Unit: yuan) | Item | 2025 Semi-Annual | 2024 Semi-Annual | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 245,381,980.08 | 344,207,098.74 | | Net Cash Flow from Investing Activities | -234,184,746.73 | -358,235,093.98 | | Net Cash Flow from Financing Activities | -154,427,363.19 | -200,497,329.49 | | Net Increase in Cash and Cash Equivalents | -143,245,201.77 | -213,704,133.62 | | Cash Received from Sales of Goods and Provision of Services | 1,247,328,151.36 | 1,376,712,936.42 | | Cash Paid for Acquisition of Fixed Assets, Intangible Assets, and Other Long-term Assets | 276,495,188.30 | 363,167,836.87 | [Parent Company Cash Flow Statement](index=43&type=section&id=母公司现金流量表) In H1 2025, net cash from operating activities was negative 52.17 million yuan; net cash from investing activities significantly improved, while net cash used in financing activities increased 2025 Semi-Annual Parent Company Cash Flow Statement Key Data (Unit: yuan) | Item | 2025 Semi-Annual | 2024 Semi-Annual | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -52,172,453.95 | -35,149,898.60 | | Net Cash Flow from Investing Activities | 108,702,389.43 | -347,333,064.16 | | Net Cash Flow from Financing Activities | -148,179,998.15 | 51,026,166.12 | | Net Increase in Cash and Cash Equivalents | -91,650,062.67 | -331,456,796.64 | | Cash and Cash Equivalents at End of Period | 59,894,325.75 | 109,555,546.44 | [Consolidated Statement of Changes in Equity](index=44&type=section&id=合并所有者权益变动表) As of June 30, 2025, consolidated owner's equity was 4.55 billion yuan; share capital increased due to capital reserve transfer, while undistributed profits decreased due to profit distribution 2025 Semi-Annual Consolidated Statement of Changes in Equity (Unit: yuan) | Item | Period-Beginning Balance | Amount of Change in Current Period | | :--- | :--- | :--- | | Share Capital | 238,853,334.00 | 71,656,000.00 | | Capital Reserves | 2,109,605,112.40 | -74,562,738.05 | | Undistributed Profits | 2,092,620,850.55 | -2,630,122.39 | | Total Owners' Equity Attributable to Parent Company | 4,560,505,963.95 | -5,536,860.44 | | Minority Interests | -2,906,738.05 | 2,906,738.05 | | Total Owners' Equity | 4,557,599,225.90 | -2,630,122.39 | | Total Comprehensive Income | - | 157,401,611.39 | | Distribution to Owners (or Shareholders) | - | -160,031,733.78 | [Parent Company Statement of Changes in Equity](index=46&type=section&id=母公司所有者权益变动表) As of June 30, 2025, parent company owner's equity was 4.28 billion yuan; share capital increased due to capital reserve transfer, while undistributed profits decreased due to profit distribution 2025 Semi-Annual Parent Company Statement of Changes in Equity (Unit: yuan) | Item | Period-Beginning Balance | Amount of Change in Current Period | | :--- | :--- | :--- | | Share Capital | 238,853,334.00 | 71,656,000.00 | | Capital Reserves | 2,741,825,544.41 | -71,656,000.00 | | Undistributed Profits | 1,331,715,028.20 | -154,157,589.97 | | Total Owners' Equity | 4,431,820,573.61 | -154,157,589.97 | | Total Comprehensive Income | - | 5,874,143.81 | | Distribution to Owners (or Shareholders) | - | -160,031,733.78 | [Company Overview](index=49&type=section&id=公司基本情况) Chuzhou Dolly Automotive Technology Co., Ltd. was established in 2019, listed in 2023, and its share capital increased to 310.51 million shares by May 2025, focusing on automotive parts manufacturing - Chuzhou Dolly Automotive Technology Co., Ltd. was established through overall conversion on December 20, 2019, and its shares were listed on the Shenzhen Stock Exchange on February 27, 2023[169](index=169&type=chunk) - The company's share capital has undergone multiple capital reserve transfers, and as of May 8, 2025, the total share capital changed to **310,509,334 shares**[171](index=171&type=chunk) - The company is primarily engaged in automotive parts manufacturing, with a business scope including R&D, manufacturing, sales of automotive parts, mold manufacturing, and electrophoresis processing[172](index=172&type=chunk) [Basis of Financial Statement Preparation](index=49&type=section&id=财务报表的编制基础) Financial statements are prepared on a going concern basis, adhering to CAS and CSRC disclosure rules, with no significant doubts about going concern within 12 months from the reporting period end - The company prepares its financial statements on a going concern basis, in accordance with the "Enterprise Accounting Standards" promulgated by the Ministry of Finance and the disclosure requirements of the China Securities Regulatory Commission's "Information Disclosure Compilation Rules for Companies Issuing Securities No. 15," based on actual transactions and events[173](index=173&type=chunk) - There are no matters or circumstances that would cause significant doubt about the company's ability to continue as a going concern within 12 months from the end of the reporting period[174](index=174&type=chunk) [Significant Accounting Policies and Estimates](index=50&type=section&id=重要会计政策及会计估计) This section details the company's accounting policies and estimates for financial instruments, inventories, fixed assets, intangible assets, revenue recognition, government grants, and deferred income tax, ensuring accurate financial reporting - The company classifies financial assets into those measured at amortized cost, those measured at fair value through other comprehensive income, and those measured at fair value through profit or loss, based on the business model for managing financial assets and the contractual cash flow characteristics of the financial assets[194](index=194&type=chunk) - The company's inventories include finished goods, work-in-progress, materials, and supplies, measured at actual cost, with the cost of issued inventories calculated using the weighted average method at month-end (molds use the specific identification method), and provisions for inventory depreciation are made[217](index=217&type=chunk)[218](index=218&type=chunk)[219](index=219&type=chunk) - The company depreciates fixed assets using the straight-line method, with useful lives of **20 years for buildings, 10 years for machinery and equipment, 4 years for transportation vehicles, and 3-5 years for electronic and other equipment**[243](index=243&type=chunk) - The company uses the transfer of control as the criterion for revenue recognition, with clear revenue recognition points for sales of main products (automotive parts, domestic and international) and mold sales[274](index=274&type=chunk)[276](index=276&type=chunk)[277](index=277&type=chunk) - The company reported no significant changes in accounting policies or significant accounting estimates during the reporting period[303](index=303&type=chunk) [Taxation](index=76&type=section&id=税项) Main taxes include VAT, CIT, property tax, and surcharges; some subsidiaries enjoy 15% CIT preferential rates as high-tech enterprises, and the company benefits from VAT export rebates and additional deductions for advanced manufacturing Main Tax Types and Rates | Tax Type | Tax Basis | Tax Rate | | :--- | :--- | :--- | | Value-Added Tax (VAT) | Value-added amount generated during sales of goods or provision of taxable services | Levied at rates such as 5%, 6%, 9%, 13%. Export goods are subject to "exempt, offset, refund" tax policy, with a refund rate of 13%. | | Corporate Income Tax (CIT) | Taxable income | 15%, 25% | | Property Tax | For value-based assessment, 1.2% of the remaining value after a one-time deduction of 30% from the original value of the property; for rent-based assessment, 12% of rental income | 1.2%, 12% | - The company's subsidiaries, Kunshan Daya and Changzhou Daya, are recognized as high-tech enterprises and enjoy a preferential corporate income tax rate of **15%** for three years starting from January 1, 2022/2024, respectively[303](index=303&type=chunk)[304](index=304&type=chunk) - The company's self-produced export goods are exempt from VAT and enjoy the VAT "exempt, offset, refund" tax policy; Kunshan Daya and Changzhou Daya also benefit from a **5% additional VAT deduction** policy for advanced manufacturing enterprises[304](index=304&type=chunk)[305](index=305&type=chunk) [Notes to Consolidated Financial Statement Items](index=77&type=section&id=合并财务报表项目注释) This section detailed consolidated financial statement items, including 441 million yuan in cash (39.03 million restricted), 160 million yuan in financial assets, 971 million yuan in accounts receivable (131 million allowance), 973 million yuan in inventory (372 million molds), and 374 million yuan in construction in progress June 30, 2025 Monetary Funds (Unit: yuan) | Item | Period-End Balance | Period-Beginning Balance | | :--- | :--- | :--- | | Cash on Hand | 96,886.56 | 112,901.73 | | Bank Deposits | 402,338,512.48 | 545,567,699.08 | | Other Monetary Funds | 39,010,000.00 | 1,301,054.50 | | Total | 441,445,399.04 | 546,981,655.31 | | Of which: Restricted Monetary Funds | 39,027,400.00 | 1,318,454.50 | June 30, 2025 Trading Financial Assets (Unit: yuan) | Item | Period-End Balance | Period-Beginning Balance | | :--- | :--- | :--- | | Wealth Management Products | 160,000,000.00 | 200,940,000.00 | June 30, 2025 Accounts Receivable and Impairment Provision (Unit: yuan) | Item | Book Balance | Impairment Provision | Book Value | | :--- | :--- | :--- | :--- | | Total Accounts Receivable | 1,102,567,784.95 | 131,391,140.89 | 971,176,644.06 | June 30, 2025 Inventory Composition (Unit: yuan) | Item | Book Balance | Inventory Depreciation Provision | Book Value | | :--- | :--- | :--- | :--- | | Raw Materials | 214,802,783.50 | 0 | 214,802,783.50 | | Work-in-Progress | 168,246,677.60 | 13,642,872.00 | 154,603,805.60 | | Finished Goods | 26,286,995.91 | 13,439,580.62 | 12,847,415.29 | | Goods Issued | 206,162,405.77 | 3,258,287.97 | 202,904,117.80 | | Molds | 377,685,524.86 | 5,829,767.72 | 371,855,757.14 | | Total | 1,009,005,690.66 | 36,170,508.31 | 972,835,182.35 | June 30, 2025 Share Capital and Capital Reserve Changes (Unit: yuan) | Item | Period-Beginning Balance | Change in Current Period (Capital Reserve to Share Capital Transfer) | Period-End Balance | | :--- | :--- | :--- | :--- | | Total Shares | 238,853,334.00 | 71,656,000.00 | 310,509,334.00 | | Capital Surplus (Share Premium) | 2,109,605,112.40 | -74,562,738.05 | 2,035,042,374.35 | [R&D Expenses](index=99&type=section&id=研发支出) Total R&D expenses were 57.57 million yuan, all expensed, primarily for direct materials and employee compensation, showing a 42.74% increase due to new model development 2025 Semi-Annual R&D Expenses (Unit: yuan) | Item | Amount in Current Period | Amount in Prior Period | | :--- | :--- | :--- | | Employee Compensation | 13,131,292.72 | 14,171,841.88 | | Direct Materials | 40,903,321.03 | 22,343,836.44 | | Depreciation and Amortization | 2,912,209.24 | 3,541,395.76 | | Other | 622,885.46 | 274,557.58 | | Total | 57,569,708.45 | 40,331,631.66 | | Of which: Expensed R&D Expenditure | 57,569,708.45 | 40,331,631.66 | - R&D investment increased by **42.74%** year-on-year, primarily due to an increase in new vehicle model R&D projects[63](index=63&type=chunk) [Changes in Consolidation Scope](index=99&type=section&id=合并范围的变更) The company's consolidation scope increased by one subsidiary to 14 in 2025, with Kunshan Daya Smart Technology established on April 28, 2025 - The company's consolidation scope for 2025 includes a total of **14 subsidiaries**, an increase of **1 subsidiary** compared to the previous year[424](index=424&type=chunk) - During the reporting period, the company's subsidiary Kunshan Daya Smart Technology Co., Ltd. was established on April 28, 2025[424](index=424&type=chunk) [Interests in Other Entities](index=100&type=section&id=在其他主体中的权益) The corporate group comprises 14 wholly-owned manufacturing subsidiaries, including newly established Kunshan Daya Smart Technology, with no significant non-wholly-owned subsidiaries, joint ventures, or associates Corporate Group Composition (Partial Subsidiaries) | Subsidiary Name | Registered Capital | Main Operating Location | Business Nature | Shareholding Percentage (Direct) | | :--- | :--- | :--- | :--- | :--- | | Changzhou Daya | 143,442,500.00 | Changzhou, Jiangsu | Manufacturing | 100.00% | | Yancheng Dolly | 536,000,000.00 | Yancheng, Jiangsu | Manufacturing | 100.00% | | Kunshan Daya | 1,190,000,000.00 | Kunshan, Jiangsu | Manufacturing | 100.00% | | Kunshan Daya Smart Technology Co., Ltd. | 50,000,000 | Kunshan, Jiangsu | Manufacturing | 100.00% (Indirect) | - The company has

多利科技公告，2025年上半年营业收入17.34亿元，同比增长13.15%。归属于上市公司股东的净利润 1.57亿元，同比下降28.13%。基本每股收益0.51元，同比下降44.57%。公司计划不派发现金红利，不送 红股，不以公积金转增股本。 ...

公司回答表示：您好！感谢您对公司的关注。根据中国证券登记结算有限责任公司深圳分公司登记的数 据，截止2025年8月8日，公司不含信用账户合并股东名册股东总人数约为1.83万户。谢谢！ 金融界8月12日消息，有投资者在互动平台向多利科技提问：您好，请问，贵公司截止8月10日股东人数 是多少？谢谢！ ...

公司发布的一季报数据显示，一季度公司共实现营业收入8.73亿元，同比增长11.82%，实现净利润 9527.44万元，同比下降17.10%，基本每股收益为0.4000元，加权平均净资产收益率2.07%。（数据宝） （文章来源：证券时报网） 多利科技8月12日披露，截至8月10日公司股东户数为18300户，较上期（7月31日）减少1300户，环比降 幅为6.63%。 证券时报·数据宝统计，截至发稿，多利科技收盘价为24.14元，下跌1.03%，本期筹码集中以来股价累 计上涨3.61%。具体到各交易日，5次上涨，3次下跌。 ...