Summary of Key Points Core Viewpoint - On August 28, ST Dehao executed a block trade of 6 million shares, amounting to 13.74 million yuan, which represented 15.05% of the total trading volume for the day. The transaction price was 2.29 yuan, reflecting a discount of 4.98% compared to the market closing price of 2.41 yuan [1]. Trading Details - The block trade involved multiple transactions, each at a price of 2.29 yuan per share, with a total volume of 50,000 shares per transaction, resulting in a total transaction value of 1.145 million yuan per transaction [3]. - The buyers included various securities firms such as China International Capital Corporation and Changjiang Securities, while the sellers were primarily from Ping An Securities [3].

New Stock Offerings - Shenke Co., Ltd. (002633) has an offer period from July 29, 2025, to August 27, 2025[1] - Fushun Special Steel (600399) has an offer period from August 12, 2025, to September 10, 2025[1] - ST Gaohong (000851) has an announcement on August 26, 2025[1] Market Volatility - Great Wall Military Industry (601606) reported severe abnormal fluctuations on August 14, 2025[1] - Dongxin Co., Ltd. (688110) had an announcement on August 16, 2025, regarding market conditions[1] - Changfei Optical Fiber (601869) has an announcement dated August 27, 2025, related to market performance[1] Company Announcements - ST Dehao (002005) has an announcement on August 27, 2025, regarding its market status[1] - China Satellite (600118) announced updates on August 27, 2025[1] - ST Yizhong (603389) has an announcement dated August 26, 2025, regarding its market activities[1]

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、股票交易异常波动情况说明 安徽德豪润达电气股份有限公司 证券代码：002005 证券简称： ST 德豪 编号：2025—48 关于公司股票异常波动的公告 三、是否存在应披露而未披露信息的说明 公司董事会确认，除公司已披露的信息外，公司目前没有任何根据《深圳证 券交易所股票上市规则》规定应予以披露而未披露的事项或与该事项有关的筹划、 商谈、意向、协议等；董事会也未获悉公司有根据《深圳证券交易所股票上市规 则》的规定应予以披露而未披露的、对公司股票交易价格产生较大影响的信息； 公司前期披露的信息不存在需要更正、补充之处。 安徽德豪润达电气股份有限公司（以下简称"公司"）于 2025 年 8 月 22 日、2025 年 8 月 25 日、2025 年 8 月 26 日连续 3 个交易日收盘价格跌幅偏离值 累计超过 12%，根据《深圳证券交易所交易规则》等有关规定，属于股票交易异 常波动的情况。 二、公司关注及核实情况说明 针对公司股票交易异常波动的情况，公司进行了自查，并就相关事项进行了 核实，现就有关情况说明如下 ...

证券之星消息，8月26日小家电板块较上一交易日下跌0.57%，ST德豪领跌。当日上证指数报收于 3868.38，下跌0.39%。深证成指报收于12473.17，上涨0.26%。小家电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) | | --- | --- | --- | --- | --- | --- | --- | | 300272 | 开能健康 | 7.01 | 3.55% | | 30.20万 | 2.11亿 | | 002959 | 小熊电器 | 52.83 | 2.09% | | 1.98万 | 1.04亿 | | 605555 | 德昌股份 | 18.15 | 1.34% | | 11.26万 | 2.04亿 | | 002242 | 九阳股份 | 10.42 | 1.17% | | 5.89万 | 6123.59万 | | 001259 | 利仁科技 | 27.50 | 0.81% | | 1.21万 | 3331.33万 | | 603355 | 莱克电气 | 24.56 | 0.74% | | 3.17万 | 7764.02万 | ...

Core Viewpoint - ST Dehao reported a narrowing loss in its 2025 mid-year financial results, with total revenue declining and net profit improving year-over-year [1] Financial Performance Summary - Total revenue for the first half of 2025 was 307 million yuan, a decrease of 8.19% compared to 335 million yuan in 2024 [1] - The net profit attributable to the parent company was -13.03 million yuan, an improvement of 67.6% from -40.23 million yuan in the previous year [1] - The gross margin was 16.17%, down 4.9% year-over-year, while the net margin improved to -4.02%, up 65.36% [1] - Total expenses (selling, administrative, and financial) amounted to 51.16 million yuan, accounting for 16.64% of revenue, a decrease of 36.49% [1] - Earnings per share improved to -0.01 yuan, a 67.53% increase from -0.02 yuan [1] Key Changes in Financial Items - Cash and cash equivalents increased by 49.17% to 201 million yuan due to strategic investments in the LED packaging business [3] - Contract assets decreased by 64.23% as the company recovered customer warranty deposits [3] - Long-term equity investments surged by 4487.02% due to the acquisition of minority stakes in subsidiaries [3] - Contract liabilities rose by 59.0% due to increased customer prepayments in the small appliance export business [3] - Long-term borrowings increased by 82.98% as the company secured new loans for its small appliance business [3] Cash Flow and Investment Insights - Net cash flow from operating activities increased by 82.45%, attributed to reduced payments to suppliers [6] - Cash flow from investing activities rose by 194.32% due to proceeds from the disposal of idle LED assets [6] - Cash flow from financing activities saw a significant increase of 484.56% due to new investments from strategic partners [6] Management Commentary - The management indicated that resolving historical issues and optimizing cash flow are priorities for improving the company's financial health [11] - The company is focusing on enhancing operational efficiency and market competitiveness to ensure sustainable growth [11]

Group 1 - The stock price of ST Dehao (002005) closed at 2.48 yuan, down 4.98% as of August 25, 2025, with a turnover rate of 1.56% and a trading volume of 272,600 hands, amounting to 68.51 million yuan [1] - The latest financial results show that for the first half of 2025, the company reported total operating revenue of 307 million yuan, a year-on-year decrease of 8.19%, while net profit attributable to shareholders was 13.03 million yuan, an increase of 67.60% [1] - The company has a current ratio of 0.693, a quick ratio of 0.577, and a debt-to-asset ratio of 70.38% [1] Group 2 - Anhui Dehao Runda Electric Co., Ltd. has made investments in 25 enterprises and participated in 20 bidding projects [2] - The company holds 41 trademark registrations and 211 patent registrations, along with 25 administrative licenses [2]

Core Viewpoint - The company has reported on various significant matters including arbitration cases, asset sales, and changes in accounting firms, which may impact its financial position and operational strategy [1][3][13]. Group 1: Company Overview - The company did not distribute cash dividends or issue new shares during the reporting period [3]. - There were no changes in the controlling shareholder or actual controller during the reporting period [5]. Group 2: Arbitration Matters - The company received arbitration requests from two parties, seeking a total of 2.5 billion yuan in claims, including 1 billion yuan in principal and 143.01 million yuan in fixed returns [6][8]. - Both parties withdrew their arbitration applications, and the company has resolved disputes with them, relinquishing any claims for compensation [7]. Group 3: Asset Management - The company plans to sell idle assets for a total of 135 million yuan, with part of the payment already received [9]. - The company is also in the process of publicly selling land use rights and construction projects valued at approximately 80.84 million yuan [10]. Group 4: Financial and Legal Issues - The company is involved in a debt restructuring process, with a total debt of approximately 80.26 million yuan, expecting a debt reduction of at least 44.28 million yuan [14]. - The company faced a penalty of 149.31 million yuan for late completion of a project, but this penalty was later rescinded as the land use rights were returned to the government [11]. Group 5: Corporate Governance - The company has changed its auditing firm from Lixin CPA to Huaxing CPA [13]. - The board and supervisory committee meetings were held to approve the half-year report, with unanimous support from all members present [16][20].

Group 1 - The board meeting of Anhui Dehao Runda Electric Co., Ltd. was held on August 22, 2025, with all 9 directors participating in the voting [1] - The board approved the proposal regarding the "2025 Semi-Annual Report" and its summary, with a unanimous vote of 9 in favor [1] - The proposal was previously reviewed and approved by the company's audit committee during its third meeting in 2025 [1] Group 2 - The notice for the board meeting was sent via email on August 12, 2025, in compliance with the Company Law and the company's articles of association [1] - The meeting was chaired by Chairman Ji Xuebin, with the presence of supervisors and senior management [1] - The company will disclose the detailed content of the semi-annual report in various financial publications and on its official website [1]

Important Notice, Table of Contents, and Definitions [Important Notice](index=2&type=section&id=Important%20Notice) The company's management guarantees the truthfulness, accuracy, and completeness of this semi-annual report, assuming legal responsibility, while forward-looking statements do not constitute substantial commitments, and no profit distribution is planned for this period - The company's board of directors, supervisory board, and all senior executives ensure the truthfulness, accuracy, and completeness of the report and assume corresponding legal responsibilities[4](index=4&type=chunk) - Forward-looking statements regarding future development strategies and business plans in this report do not constitute substantial commitments to investors, who should be aware of related risks[4](index=4&type=chunk) - The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital[5](index=5&type=chunk) [Definitions](index=5&type=section&id=Definitions) This section defines key terms and abbreviations of company entities used in the report, including 'Dehao Runda' for the company, 'Chengze Technology' for the largest shareholder, and full names of major subsidiaries and affiliates - Key entity abbreviations are clarified, such as 'the Company' referring to Anhui Dehao Runda Electrical Co., Ltd., and 'Chengze Technology' referring to Zhejiang Chengze Technology Co., Ltd., the company's largest shareholder[13](index=13&type=chunk) Company Profile and Key Financial Indicators [Company Profile](index=6&type=section&id=I.%20Company%20Profile) Anhui Dehao Runda Electrical Co., Ltd. (stock code '002005'), listed on the Shenzhen Stock Exchange as 'ST Dehao', is led by legal representative Ji Xuebin Company Information | Item | Content | | :--- | :--- | | Stock Abbreviation | ST Dehao | | Stock Code | 002005 | | Listing Exchange | Shenzhen Stock Exchange | | Chinese Full Name | Anhui Dehao Runda Electrical Co., Ltd. | | Legal Representative | Ji Xuebin | [Key Accounting Data and Financial Indicators](index=7&type=section&id=IV.%20Key%20Accounting%20Data%20and%20Financial%20Indicators) In the first half of 2025, the company's operating revenue decreased by 8.19% year-on-year, but net loss attributable to shareholders significantly narrowed by 67.60%, with operating cash flow improving substantially Key Financial Performance | Key Financial Indicators | Current Period (RMB) | Prior Year Same Period (RMB) | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 307,423,732.01 | 334,852,209.35 | -8.19% | | Net Profit Attributable to Shareholders | -13,034,493.97 | -40,229,192.58 | 67.60% | | Net Profit Attributable to Shareholders (Excluding Non-recurring Items) | -25,712,164.93 | -46,409,502.17 | 44.60% | | Net Cash Flow from Operating Activities | -21,370,104.90 | -121,748,610.40 | 82.45% | | Basic Earnings Per Share (RMB/share) | -0.0075 | -0.0231 | 67.53% | | Total Assets (RMB) | 1,145,893,218.09 | 1,235,995,596.44 | -7.29% (End of Period vs. End of Prior Year) | | Net Assets Attributable to Shareholders (RMB) | 269,037,522.59 | 198,034,520.68 | 35.85% (End of Period vs. End of Prior Year) | [Non-recurring Gains and Losses Items and Amounts](index=7&type=section&id=VI.%20Non-recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) During the reporting period, the company's total non-recurring gains and losses amounted to **RMB 12.68 million**, primarily from government subsidies, debt restructuring, and disposal of non-current assets Non-recurring Gains and Losses | Item | Amount (RMB) | | :--- | :--- | | Gains/Losses from Disposal of Non-current Assets | 2,989,022.40 | | Government Subsidies Recognized in Current Profit/Loss | 6,221,716.26 | | Gains/Losses from Debt Restructuring | 5,091,692.18 | | Net Other Non-operating Income and Expenses | -1,295,406.65 | | **Total** | **12,677,670.96** | Management Discussion and Analysis (MD&A) [Overview of Main Businesses](index=9&type=section&id=I.%20Main%20Businesses%20Engaged%20in%20During%20the%20Reporting%20Period) The company's main businesses include small home appliances, primarily export-oriented OEM/ODM with proprietary brands, and LED semiconductor packaging, benefiting from the growth in new energy vehicles - The company's businesses include the R&D, manufacturing, and sales of small home appliances and LED semiconductor packaging devices[29](index=29&type=chunk) - The small home appliance business is primarily export-oriented, mainly sold to Europe and America, while also expanding into the domestic market through its own brand 'ACA' and strategic partner brand 'Xiaotaishi'[29](index=29&type=chunk) - The LED packaging business benefits from the growth in new energy vehicle sales, with end customers including several well-known mobile phone brands and automotive companies[28](index=28&type=chunk)[29](index=29&type=chunk)[30](index=30&type=chunk) [Analysis of Core Competencies](index=12&type=section&id=II.%20Analysis%20of%20Core%20Competencies) The company's core competencies encompass strong brand presence, stable customer relationships, robust R&D and innovation, efficient order fulfillment, diversified sales channels, and an experienced management team - Brand Advantage: The company is a well-known OEM/ODM small home appliance manufacturer in European and American markets, possessing its own brand 'ACA' and high-end cooperative brand 'Xiaotaishi'[38](index=38&type=chunk) - Customer Advantage: Long-term stable cooperative relationships have been established with internationally renowned home appliance manufacturers and brands; the LED packaging business customer base has shifted towards high-end product clients, including well-known mobile phone manufacturers and new energy vehicle companies[39](index=39&type=chunk) - R&D and Technology: Possesses 30 years of small home appliance R&D experience and over 100 LED packaging-related patents, with its controlling subsidiary Anhui Ruituo being a national high-tech enterprise[39](index=39&type=chunk)[40](index=40&type=chunk) - Channel Advantage: Established comprehensive ODM/OEM sales channels and utilizes e-commerce platforms like Douyin, Kuaishou, Tmall, and JD.com to expand domestic sales and brand influence[40](index=40&type=chunk) [Analysis of Main Business Operations](index=13&type=section&id=III.%20Analysis%20of%20Main%20Business%20Operations) During the reporting period, operating revenue decreased by 8.19% due to a decline in the small home appliance sector, but net loss attributable to shareholders narrowed significantly by 67.60% due to reduced management and financial expenses Key Financial Data Changes | Key Financial Data | Current Period (RMB) | Prior Year Same Period (RMB) | YoY Change | Main Reasons for Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 307,423,732.01 | 334,852,209.35 | -8.19% | No significant change | | Management Expenses | 46,096,141.41 | 71,980,332.54 | -35.96% | Reduced depreciation of idle assets and cost compression | | Financial Expenses | -9,314,227.60 | 3,890,366.27 | -339.42% | Increased exchange gains due to exchange rate fluctuations | | Net Profit Attributable to Shareholders | -13,034,493.97 | -40,229,192.58 | 67.60% | Reduced asset depreciation and increased exchange gains | | Net Cash Flow from Operating Activities | -21,370,104.90 | -121,748,610.40 | 82.45% | Reduced payments to suppliers year-on-year | Operating Revenue by Business Segment | Business Segment | Operating Revenue (RMB) | Proportion of Total Revenue | YoY Change | | :--- | :--- | :--- | :--- | | Small Home Appliance Industry | 168,794,249.65 | 54.90% | -11.78% | | LED Industry | 130,494,327.07 | 42.45% | -2.71% | - Geographically, overseas markets remain the primary revenue source, accounting for **60.71%** of total revenue, though revenue decreased by **12.82%** year-on-year, while domestic market revenue saw a slight increase of **1.14%**[46](index=46&type=chunk)[47](index=47&type=chunk) [Analysis of Assets and Liabilities](index=16&type=section&id=V.%20Analysis%20of%20Assets%20and%20Liabilities) At the end of the reporting period, total assets decreased by 7.29%, while monetary funds increased due to strategic investor introduction, and net assets attributable to the parent company grew significantly by 35.85% due to capital reserve increases from equity swaps - Monetary funds at period-end totaled **RMB 201 million**, an increase from the prior year-end, primarily due to funds received from strategic investors in the LED packaging business[51](index=51&type=chunk) - Long-term equity investments increased from **RMB 698,000** to **RMB 32.027 million**, mainly due to the remaining equity being accounted for under the equity method after disposing of a **75%** stake in subsidiary Bengbu Runda Optoelectronics[51](index=51&type=chunk) - Net assets attributable to the parent company increased by **RMB 71 million** to **RMB 269 million**, primarily due to an increase in capital reserves formed by repurchasing a minority stake in another subsidiary using subsidiary equity as consideration[52](index=52&type=chunk) - Minority interests significantly decreased from **RMB 187 million** to **RMB 70.33 million**, also due to the aforementioned equity repurchase transaction[52](index=52&type=chunk) - As of the end of the reporting period, **RMB 262 million** in company assets were restricted, primarily including fixed assets and intangible assets seized due to lawsuits, and assets pledged for loans[60](index=60&type=chunk)[64](index=64&type=chunk) [Risks and Countermeasures](index=23&type=section&id=X.%20Risks%20Faced%20by%20the%20Company%20and%20Countermeasures) The company faces risks including intensified competition, raw material price volatility, customer concentration, exchange rate fluctuations, single market dependency, and increased export tariffs, which it plans to address through resource integration, cost control, market expansion, and financial tools - Industry Competition Risk: Competition in both the small home appliance and LED packaging industries is intensifying; the company plans to respond by integrating resources, eliminating outdated capacity, innovating products, and strengthening brand building[74](index=74&type=chunk) - Raw Material Price Risk: Fluctuations in major raw material prices impact costs; the company will mitigate this risk through supply chain reform, online bidding, strategic reserves, and process improvements[75](index=75&type=chunk) - Customer Concentration Risk: The company's customer base is relatively concentrated; the company will continue to expand its market and balance sales volumes across major customers[75](index=75&type=chunk)[76](index=76&type=chunk) - Exchange Rate and Market Risk: The small home appliance business is primarily export-oriented, significantly affected by RMB exchange rates and fluctuations in European and American markets; the company will mitigate risks by enhancing product competitiveness, increasing domestic market development, and utilizing financial instruments[76](index=76&type=chunk)[77](index=77&type=chunk) Corporate Governance, Environment, and Society [Corporate Governance and Social Responsibility](index=25&type=section&id=Corporate%20Governance%20and%20Social%20Responsibility) During the reporting period, the company appointed new general and deputy general managers, with no profit distribution planned for the half-year, while actively fulfilling social responsibilities including shareholder protection, employee welfare, and environmental conservation - Executive Changes: The company appointed Zhang Botao as General Manager and Li Xuemin as Deputy General Manager[80](index=80&type=chunk) - Profit Distribution: The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital for the half-year period[81](index=81&type=chunk) - Social Responsibility: The company actively fulfills its social responsibilities in protecting shareholder rights, employee welfare, supply chain partnerships, and environmental protection[83](index=83&type=chunk)[84](index=84&type=chunk)[85](index=85&type=chunk) Significant Matters [Litigation Matters](index=30&type=section&id=VIII.%20Litigation%20Matters) The company disclosed multiple significant litigation and arbitration cases, primarily involving sales contract disputes, with some resolved or settled, but others remain ongoing, posing uncertain impacts on the company - The company is involved in multiple significant lawsuits, with amounts ranging from hundreds of thousands to tens of millions of RMB, primarily concerning sales contract disputes[98](index=98&type=chunk)[100](index=100&type=chunk) - During the reporting period, sales contract disputes between the company and Xuzhou Tongxin Optoelectronics, Guangdong Zhongtu Semiconductor, Nanchang Delan Technology, and other companies have reached execution settlements[98](index=98&type=chunk) [Major Contracts and Guarantees](index=33&type=section&id=XII.%20Major%20Contracts%20and%20Their%20Performance) During the reporting period, the company had no significant leasing projects but provided guarantees totaling **RMB 65.96 million** for several subsidiaries, primarily joint liability guarantees, to support their financing and operations Guarantee Status | Guarantee Status | Amount (RMB 10,000) | | :--- | :--- | | Total Actual Guarantee Balance at Period-End | 6,596 | | Proportion of Total Actual Guarantees to Company's Net Assets | 24.52% | [Other Significant Matters](index=36&type=section&id=XIII.%20Explanation%20of%20Other%20Significant%20Matters) The company resolved major arbitration through an equity swap, disclosed ongoing investigation into its former actual controller for alleged embezzlement, continued disposing of idle assets, completed debt restructuring for a subsidiary, and changed its accounting firm - Arbitration Resolution: The company repurchased a minority stake in Bengbu Sanyi Semiconductor through an equity swap, resolving arbitration disputes with Bengbu Investment and Bengbu Gaoxin Investment, with relevant parties withdrawing their arbitration applications[120](index=120&type=chunk)[121](index=121&type=chunk)[122](index=122&type=chunk) - Former Actual Controller Investigation: The company's former actual controller, Wang Donglei, is under police investigation for alleged embezzlement of **RMB 240 million** in special fiscal subsidies, and the company is actively cooperating[123](index=123&type=chunk) - Asset Disposal: The company is proceeding with the sale of idle assets in Dalian and plans to publicly list the land use rights and construction-in-progress of Dalian Zongde Lighting for sale[124](index=124&type=chunk)[125](index=125&type=chunk) - Debt Restructuring: Subsidiary Wuhu Dehao Runda reached a debt settlement with three suppliers, with an estimated debt reduction of no less than **RMB 44.2798 million**[130](index=130&type=chunk) Changes in Shares and Shareholder Information [Number of Shareholders and Shareholding Status](index=39&type=section&id=III.%20Number%20of%20Shareholders%20and%20Shareholding%20Status) As of the end of the reporting period, the company had **34,061** common shareholders, with Zhejiang Chengze Technology Co., Ltd. as the largest shareholder holding **24.06%**, and some top ten shareholders having concerted action relationships Top Five Shareholders | Shareholder Name | Shareholding Proportion | Number of Shares Held | | :--- | :--- | :--- | | Zhejiang Chengze Technology Co., Ltd. | 24.06% | 421,617,439 | | Beijing Fengyan Investment Management Co., Ltd. - Beijing Fengyan Zhenxuan No. 2 | 7.04% | 123,283,957 | | Bengbu Gaoxin Investment Group Co., Ltd. | 4.73% | 82,872,928 | | Bengbu Xinrui Project Management Co., Ltd. | 4.46% | 78,164,447 | | Shenzhen Baodechang Investment Co., Ltd. | 2.63% | 46,101,364 | - Shareholders Wang Sheng, Bengbu Xinrui Project Management Co., Ltd., Beijing Fengyan Private Equity Fund Management Co., Ltd., and others signed a 'Concerted Action Agreement'[138](index=138&type=chunk) Bond-Related Information [Bond-Related Information](index=42&type=section&id=Bond-Related%20Information) During the reporting period, the company had no bond-related matters to disclose - The company has no bond-related matters to disclose in this reporting period[143](index=143&type=chunk) Financial Report [Audit Report](index=43&type=section&id=I.%20Audit%20Report) This semi-annual financial report has not been audited - The company's 2025 semi-annual financial report is unaudited[145](index=145&type=chunk) [Financial Statements](index=43&type=section&id=II.%20Financial%20Statements) This section provides the company's consolidated and parent company balance sheets, income statements, cash flow statements, and statements of changes in owners' equity for the first half of 2025 - Financial statements include consolidated and parent company balance sheets, income statements, cash flow statements, and statements of changes in owners' equity[146](index=146&type=chunk) [Basis of Financial Statement Preparation](index=64&type=section&id=IV.%20Basis%20of%20Financial%20Statement%20Preparation) Financial statements are prepared on a going concern basis, despite significant uncertainties regarding the company's ability to continue as a going concern due to sustained losses, substantial accumulated deficits, and liquidity pressures - The company faces significant uncertainties that may cast substantial doubt on its ability to continue as a going concern, primarily due to sustained losses, massive accumulated deficits, and liquidity pressure[186](index=186&type=chunk) - Proposed improvement measures include consolidating the small home appliance business, increasing R&D in the LED business, accelerating the disposal of idle assets, and broadening financing channels[186](index=186&type=chunk)[187](index=187&type=chunk) - The board of directors believes that preparing the financial statements on a going concern basis is appropriate, but there are significant uncertainties regarding the implementation of improvement plans[188](index=188&type=chunk) [Notes to Consolidated Financial Statement Items](index=85&type=section&id=VII.%20Notes%20to%20Consolidated%20Financial%20Statement%20Items) This section provides detailed explanations for key items in the consolidated financial statements, including monetary funds, accounts receivable, inventories, and losses from discontinued operations - Monetary funds at period-end totaled **RMB 201 million**, of which **RMB 30.46 million** were restricted, primarily for bank acceptance bill deposits and frozen accounts[281](index=281&type=chunk) - Accounts receivable had a book balance of **RMB 414 million**, with a carrying value of **RMB 140 million** after deducting **RMB 274 million** in impairment provisions; individually impaired accounts receivable amounted to **RMB 117 million**[290](index=290&type=chunk) - Inventories had a period-end carrying value of **RMB 85.52 million**, with impairment provisions of **RMB 13.43 million**[324](index=324&type=chunk)[326](index=326&type=chunk) - Discontinued operations (LED chips, display screens, domestic lighting) generated a net loss of **RMB 8.42 million** in the current period[551](index=551&type=chunk)

每经AI快讯，ST德豪（SZ 002005，收盘价：2.61元）8月24日晚间发布公告称，公司第八届第九次董事 会会议于2025年8月22日以现场结合通讯的方式召开。会议审议了《关于<2025年半年度报告>及其摘要 的议案》等文件。 2025年1至6月份，ST德豪的营业收入构成为：小家电行业占比54.91%，LED行业占比42.45%，其他业 务占比2.65%。 截至发稿，ST德豪市值为46亿元。 每经头条（nbdtoutiao）——鲍威尔"认错"，释放最强降息信号，美股狂欢！37万亿美元压顶，美国"债 务死亡螺旋"如何破解？ （记者 张喜威） ...