江苏金智科技股份有限公司 2025 年半年度报告全文 江苏金智科技股份有限公司 2025 年半年度报告 2025 年 08 月 1 江苏金智科技股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人贺安鹰、主管会计工作负责人及会计机构负责人(会计主管人 员)顾红敏声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本报告中涉及的未来经营计划、经营目标等前瞻性陈述，并不代表公司 的盈利预测，也不构成公司对投资者的实质承诺，能否实现存在不确定性， 请投资者特别注意。 备查文件目录 一、载有法定代表人、主管会计工作负责人、会计机构负责人签名并盖章的财务报表； 二、报告期内公开披露过的所有公司文件的正本及公告的原稿； 三、载有公司法定代表人签名的 2025 年半年度报告文件原件； 本报告"第三节 管理层讨论与分析"之"十、公司面临的风险和应对措 施"，详细披露了公司可能面对的风险因素，敬 ...

| 小计 | 其他关联方及 其附属企业 | 小计 | | 其附属企业 | 实际控制人及 | 前控股股东、 | 小计 | 附属企业 | 际控制人及其 | 控股股东、实 | | | 非经营性资金 | | | 占用 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | - | | - | | | | | - | | | | | | 资金占用方 | | | 名称 | | | - - | | - - | | | | | - - | | | | 系 目 | | 占用方与上市 上市公司核 | | | 公司的关联关 算的会计科 | | | | | | | | | | | | | | 余额 | | 年度期初 | | | 占用资金 | 2025 年半 | | | | | | | | | | | | | 息） | 占用累计发生 | | | | 金额（不含利 | 2025 年半年度 | | | | | | | | | | | | | 有） | | 度占用资金 ...

江苏金智科技股份有限公司 2025 年半年度财务报告 江苏金智科技股份有限公司 2025 年半年度财务报告 （未经审计） 2025 年 08 月 1 江苏金智科技股份有限公司 2025 年半年度财务报告 合并资产负债表 2025年6月30日 | 编制单位：江苏金智科技股份有限公司 | | | 单位：人民币元 | | --- | --- | --- | --- | | 资 产 | 注释 | 期末余额 | 期初余额 | | 流动资产： | | | | | 货币资金 | | 236,155,199.97 | 298,817,396.58 | | 结算备付金 | | - | - | | 拆出资金 | | - | - | | 交易性金融资产 | | 574,246,993.90 | 471,766,861.28 | | 衍生金融资产 | | - | - | | 应收票据 | | 37,639.00 | 45,600.00 | | 应收账款 | | 671,300,240.69 | 788,806,396.96 | | 应收款项融资 | | 29,959,929.24 | 38,233,092.83 | | 预付款项 | ...

证券代码：002090 证券简称：金智科技 公告编号：2025-033 江苏金智科技股份有限公司 关于调整使用闲置自有资金进行投资理财额度的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 江苏金智科技股份有限公司（以下简称"公司"）于 2025 年 4 月 9 日召开第八 届董事会第十八次会议,审议通过了《关于以自有闲置资金投资理财的议案》，同意 在不影响公司正常经营的情况下，公司及公司控股子公司使用不超过 6 亿元的闲置 资金进行投资理财。具体内容详见公司于 2025 年 4 月 11 日在《证券时报》及巨潮 资讯网 http://www.cninfo.com.cn 披露的《江苏金智科技股份有限公司关于以自 有闲置资金投资理财的公告》（公告编号：2025-014）。 为进一步提高资金使用效率，充分利用公司自有闲置资金，公司于 2025 年 8 月 28 日召开第八届董事会第二十次会议，审议通过了《关于调整使用闲置自有资金 进行投资理财额度的议案》，同意公司及控股子公司将闲置资金委托理财额度增加 1.5 亿元，由不超过 6 亿元调整为不超过 7.5 亿元 ...

Group 1 - The core viewpoint of the article highlights the growth in the electrical machinery and equipment manufacturing industry in China, with an increase in the number of enterprises and their contribution to the overall industrial sector [1][3]. - As of the first half of 2025, there are 37,051 enterprises in the electrical machinery and equipment manufacturing sector, which is an increase of 1,576 enterprises compared to the same period last year, representing a year-on-year growth of 4.44% [1]. - The electrical machinery and equipment manufacturing sector accounts for 7.12% of the total number of industrial enterprises in China [1]. Group 2 - The report referenced is the "2025-2031 China Electrical Machinery Industry Market Competition Situation and Prospects Strategic Research Report" published by Zhiyan Consulting [1]. - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research reports, business plans, feasibility studies, and customized services [2]. - The data used in the report is sourced from the National Bureau of Statistics and organized by Zhiyan Consulting [3].

Core Viewpoint - Jinzhikeji's stock price has experienced a decline, reflecting market volatility and ongoing changes in its ownership structure [1] Group 1: Stock Performance - Jinzhikeji's stock price is reported at 10.32 yuan, down by 0.11 yuan, a decrease of 1.05% from the previous trading day [1] - The trading volume for the day was 128,393 hands, with a total transaction amount of 133 million yuan [1] - The stock price fluctuated between 10.28 yuan and 10.45 yuan, with a volatility of 1.63% [1] Group 2: Company Overview - Jinzhikeji's main business involves power grid equipment, renewable energy, and nuclear power sectors [1] - The company is registered in Jiangsu, with a total market capitalization of 4.134 billion yuan and a circulating market value of 4.087 billion yuan [1] - The latest financial data indicates a price-to-earnings ratio of 67.56 times and a price-to-book ratio of 2.75 times [1] Group 3: Ownership Changes - The transfer of controlling rights is currently in progress, with Jinzhigroup planning to transfer 9.08% of shares to Nanjing Zhidi and 6.93% to Zhejiang Zhiyong [1] - After the transaction, Nanjing Zhidi will become the controlling shareholder, with Zhao Dan and Xiao Ming as actual controllers [1] - Wuyi County Jintou, as a limited partner of Zhejiang Zhiyong, has invested approximately 300 million yuan but does not seek control [1] Group 4: Capital Flow - On the day of reporting, the net outflow of main funds from Jinzhikeji was 22.7394 million yuan, accounting for 0.56% of the circulating market value [1] - Over the past five trading days, the cumulative net outflow of main funds reached 43.701 million yuan, representing 1.07% of the circulating market value [1]

Group 1 - The core viewpoint of the article highlights the decline in electricity generation in Jiangsu Province, with a total generation of 489.8 billion kWh in May 2025, representing a year-on-year decrease of 4.3% [1] - From January to May 2025, Jiangsu's total electricity generation was 2406.5 billion kWh, showing a year-on-year decline of 5.3% [1] - Breakdown of electricity generation by type for January to May 2025: thermal power generation was 1858.5 billion kWh (77.2% of total), down 6.9%; hydropower generation was 16.8 billion kWh (0.7% of total), up 33.3%; nuclear power generation was 212.1 billion kWh (8.8% of total), down 2.5%; wind power generation was 239.5 billion kWh (10% of total), down 3.1%; solar power generation was 79.64 billion kWh (3.3% of total), up 19% [1] Group 2 - The report referenced is the "2025-2031 China Energy Industry Market Research Analysis and Investment Prospect Assessment Report" published by Zhiyan Consulting [1] - The statistical scope of the report includes large-scale industrial enterprises with annual main business income of 20 million yuan and above, ensuring comparability of data year-on-year [2] - Zhiyan Consulting is recognized as a leading industry consulting firm in China, providing in-depth industry research reports, business plans, feasibility studies, and customized services [2]

Core Insights - The total compensation for CFOs in A-share listed companies reached 4.27 billion yuan in 2024, with an average annual salary of 814,800 yuan [1] - The highest-paid CFO in the environmental equipment sector is Qiu Shoucai from Longjing Environmental, earning 1.55 million yuan, while the lowest is Liu Yanlu from Guolin Technology, earning 215,900 yuan [1] - The age distribution of CFOs shows an average age of 46.9 years, with the oldest being 54 years old and the youngest at 37 years old [3] - There is a reverse correlation between education level and salary among CFOs, with those holding a doctorate earning an average of 488,700 yuan, while those with a college diploma earn 452,800 yuan [5] - Some CFOs have seen salary increases despite their companies experiencing significant declines in net profit, indicating a disconnect between compensation and performance [7] Salary Distribution - The average salary for CFOs in the environmental equipment sector is approximately 675,800 yuan, with 43% of CFOs earning below 500,000 yuan [1] - CFO Zhang Lihua from Shijin Technology received a salary of 658,300 yuan in 2024, despite the company’s net profit declining by 456.1% [7] - CFO Wang Qingbo from Yingfeng Environment received a salary of 1.1998 million yuan, a 50% increase from the previous year, despite receiving two warning letters for violations [8] Education and Performance - The educational background of CFOs includes 1 PhD, 5 Master's degrees, 11 Bachelor's degrees, and 4 with college diplomas, with corresponding average salaries reflecting a reverse relationship with education [5] - CFO Wu Kai from *ST Jieneng, despite holding a doctorate, earned 488,700 yuan, which is below the industry average, and the company faced a 21.5% decline in revenue [5] - CFOs with lower educational qualifications, such as Zhang Lihua from Shijin Technology, earned salaries close to the industry average, indicating that performance may not align with educational attainment [5] Compliance Issues - Two CFOs received warnings or public notifications for compliance violations in 2024-2025 [7] - Wang Qingbo from Yingfeng Environment, despite receiving two warnings, had a significant salary increase, raising questions about the relationship between compliance and compensation [8] - Wang Jin from Bixing Wulian received one warning and earned 574,100 yuan, highlighting ongoing compliance challenges within the industry [8]

证券日报网讯金智科技（002090）8月6日在互动平台回答投资者提问时表示，股份转让协议的交易双方 积极推进本次交易进程，股权转让价款按照协议约定支付。 ...

Core Viewpoint - The virtual power plant (VPP) is emerging as a new operational model in the energy sector, significantly enhancing power supply security and promoting renewable energy consumption. The industry is transitioning from an invitation-based model to a market-oriented approach, with government targets set for 2027 and 2030 to increase regulation capacity to 20 million kilowatts and over 50 million kilowatts, respectively [1][11][25]. Industry Overview - Virtual power plants aggregate distributed energy resources, adjustable loads, and storage systems, acting as new operational entities that participate in power system optimization and market transactions [2]. - The development of virtual power plants is supported by a comprehensive policy framework established by the government, which includes various action plans and guidelines aimed at fostering innovation and market mechanisms [8][11]. Development Background - The rapid growth of renewable energy in China, particularly in solar and wind power, has created a pressing need for flexible power management solutions. Virtual power plants can significantly reduce the need for redundant capacity by providing flexible load adjustments [13][15]. - The construction cost of virtual power plants is only one-eighth that of traditional coal-fired power plants, making them a cost-effective solution for peak load management [15]. Current Status - The virtual power plant industry in China has established a complete industrial chain, encompassing resource aggregation, platform operation, and market trading. Key regions include Shandong, Guangdong, Zhejiang, and Shanghai, where pilot projects are actively being developed [17][19]. - The commercial model is evolving from a single demand response approach to a diversified model that includes power trading and carbon services [19]. Competitive Landscape - The industry features a diverse competitive landscape with participation from state-owned enterprises, private companies, and technology firms. Major players include State Grid, Huaneng Group, and Guodian NARI, which leverage their resources and infrastructure to dominate the market [23]. - Private companies like Guoneng Rixin and Teruid focus on technological innovation and niche markets, while tech giants such as Huawei and Tencent are entering the sector with advanced digital technologies [23]. Future Trends - The virtual power plant industry is expected to experience accelerated growth driven by policy support and market mechanisms, with projections indicating a market size exceeding 10.2 billion yuan by 2025 and surpassing 100 billion yuan by 2030 [25][26]. - Technological advancements in AI, 5G, and blockchain will enhance operational efficiency and real-time responsiveness, transforming virtual power plants into intelligent energy management systems [27]. - The integration of virtual power plants with other sectors, such as transportation and building management, will create new business models and expand the ecosystem [28].