| 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].

公司控股权转让事项正在推进中。根据披露信息，金智集团拟向南京智迪转让9.08%股份，向浙江智勇 转让6.93%股份。交易完成后，南京智迪将成为公司控股股东，赵丹、肖明将成为实际控制人。值得注 意的是，武义县金投作为浙江智勇的有限合伙人出资约3亿元，但未谋求实控权。 资金流向方面，金智科技当日主力资金净流出2273.94万元，占流通市值比例为0.56%。近五个交易日累 计主力资金净流出4370.10万元，占流通市值比例为1.07%。 金智科技股价报10.32元，较前一交易日下跌0.11元，跌幅1.05%。当日成交量为128393手，成交金额达 1.33亿元。股价波动区间为10.28元至10.45元，振幅1.63%。 金智科技主营业务涉及电网设备、新能源及核能核电等领域。公司注册地位于江苏，总市值41.34亿 元，流通市值40.87亿元。根据最新财务数据，公司市盈率为67.56倍，市净率为2.75倍。 风险提示：市场有风险，投资需谨慎。本文所载信息仅供参考，不构成任何投资建议。 ...

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].

Core Viewpoint - The recent surge in the A-share market for the power infrastructure sector is driven by significant order announcements from five leading companies, indicating a robust investment trend in the sector [1][3]. Group 1: Market Performance - On July 25, the power infrastructure sector's total market value increased by nearly 78 billion yuan, with trading volume rising by 215% compared to the previous trading day [1]. - Following the announcements of large orders, the stock prices of the involved companies saw a collective limit-up, contributing to a positive market sentiment [3][10]. Group 2: Investment Trends - The National Grid's 2025 ultra-high voltage construction plan is expected to significantly boost power infrastructure investments, with a projected total investment of 760 billion yuan for 2025, a 15.3% increase from 2024 [3]. - In the first half of 2025, nationwide investment in power grid projects reached 287.6 billion yuan, marking a 26.4% year-on-year growth [1]. Group 3: Company Announcements - The five companies, including Guodian NARI, XJ Electric, and Pinggao Electric, announced substantial contracts, with Guodian NARI securing a contract worth 2.13 billion yuan, representing 5.2% of its projected 2024 revenue [3]. - XJ Electric and Pinggao Electric also reported significant contracts worth 1.87 billion yuan and 1.56 billion yuan, respectively, contributing to the overall positive market reaction [3]. Group 4: Future Outlook - Analysts predict that the power infrastructure investment will exceed 1.3 trillion yuan in 2025, setting a historical record [7]. - The approval pace for power engineering projects has accelerated, with 165 projects approved in the first half of 2025, a 37.5% increase year-on-year [6]. Group 5: Industry Dynamics - The power equipment sector's revenue growth rate reached 23.8% in the first half of 2025, ranking third among all A-share industries, with an average price-to-earnings ratio of 25.6, indicating a valuation advantage [4]. - The ongoing energy transition and the increasing share of renewable energy generation are driving the demand for grid upgrades and investments [6][11].