山河智能装备股份有限公司 关于为子公司提供担保的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 特别风险提示：截至本公告日，山河智能装备股份有限公司及下属子公司对 外担保总额超过最近一期经审计净资产 50%，对合并报表外的单位担保金额超过 最近一期经审计净资产 30%，请投资者充分关注担保风险。 一、担保情况概述 山河智能装备股份有限公司（以下简称"公司"）于 2025 年 4 月 24 日召开 的第八届董事会第二十一次会议、第八届监事会第十五次会议及于 2025 年 5 月 20 日召开的 2024 年年度股东大会审议通过了《关于为子公司提供担保的议案》， 同意公司为全资及控股子公司提供总额为人民币 136,935 万元的担保。担保业务 具体实施时，公司可视情况决定由公司或下属子公司为全资或控股子公司提供担 保，可根据与金融机构的协商签订相关担保合同。上述内容详见公司于 2025 年 4 月 26 日刊载在《中国证券报》《证券时报》《上海证券报》及巨潮资讯网 （www.cninfo.com.cn）的《关于为子公司提供担保的公告》。 证券代码：002 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈述或重大遗 漏。 重要内容提示： ● 会议召开时间：2025年9月15日（星期一）上午9:00-11:30 ● 会议召开方式：视频与网络文字互动相结合 山河智能装备股份有限公司（以下简称"公司"）已于2025年8月30日发布公司《2025年半年度报告》， 为便于广大投资者更加全面深入地了解公司2025年半年度经营成果、财务状况，公司计划于2025年9月 15日（星期一）上午9:00-11:30参加公司控股股东广州工业投资控股集团有限公司上市公司2025年半年 度集体投资者交流会，通过视频与网络文字互动相结合的方式，与广大投资者进行互动交流。 一、交流会类型 本次集体投资者交流会以视频与网络文字互动相结合的方式召开，公司将针对2025半年度经营成果和财 务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围内就投资者普遍关注的问题进 行回答。 二、交流会召开的时间、地点 （一）会议召开时间：2025年9月15日（星期一）上午9:00-11:30 ● 会议召开地点：全景网"投 ...

Group 1 - The company, Shanhe Intelligent, announced its plan to participate in a collective investor communication meeting organized by its controlling shareholder, Guangzhou Industrial Investment Holding Group Co., Ltd., scheduled for September 15, 2025 [2]

Group 1 - The company, Sunward Intelligent Equipment Co., Ltd., will hold a collective investor communication meeting on September 15, 2025, from 9:00 to 11:30 AM [1][2] - The meeting will be conducted via video and online text interaction, allowing for real-time communication regarding the company's 2025 semi-annual operating results and financial indicators [1][2] - Investors are encouraged to submit questions in advance by September 12, 2025, to enhance the relevance of the discussion during the meeting [2] Group 2 - Key participants in the meeting will include the Chairman, independent directors, and the Vice General Manager and Chief Financial Officer [2] - After the meeting, investors can access the details and main content of the communication through the investor relations platform [2]

证券代码：002097 证券简称：山河智能 公告编号：2025-051 山河智能装备股份有限公司 关于参加广州工业投资控股集团有限公司上市公司 2025 年半年度集体投资者交流会的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 重要内容提示： 山河智能装备股份有限公司（以下简称"公司"）已于 2025 年 8 月 30 日发 布公司《2025 年半年度报告》，为便于广大投资者更加全面深入地了解公司 2025 年半年度经营成果、财务状况，公司计划于 2025 年 9 月 15 日（星期一）上午 9:00-11:30 参加公司控股股东广州工业投资控股集团有限公司上市公司 2025 年 半年度集体投资者交流会，通过视频与网络文字互动相结合的方式，与广大投资 者进行互动交流。 一、交流会类型 本次集体投资者交流会以视频与网络文字互动相结合的方式召开，公司将针 对 2025 半年度经营成果和财务指标的具体情况与投资者进行互动交流和沟通， 在信息披露允许的范围内就投资者普遍关注的问题进行回答。 二、交流会召开的时间、地点 （一）会议召开时间：2025 年 9 月 1 ...

Core Viewpoint - The company reported a decline in revenue but a significant increase in net profit, indicating a focus on innovation and international expansion as key growth strategies [1][2][5]. Financial Performance - In the first half of 2025, the company's operating revenue was 3.411 billion yuan, a year-on-year decrease of 6.32% [1]. - The net profit attributable to shareholders was 49.881 million yuan, reflecting a year-on-year increase of 46.12% [1]. Innovation and Development - The company has established a "leading innovation" model, applying for 102 patents in the first half of 2025, with 43 being inventions [2]. - The company undertook 115 projects and successfully launched 20 prototypes, with 9 products entering mass production [4]. - Key achievements include a significant reduction in fuel consumption and increased operational efficiency for new products [4]. International Expansion - The company has seen a substantial increase in overseas sales, with a 75% year-on-year growth in revenue from the African market [6]. - The company secured over 100 million yuan in orders in the European market, particularly for its rotary drilling rigs [6]. - The company's products are now sold in over 180 countries, with a 40% increase in sales of rotary drilling rigs [6].

Core Viewpoint - The recent financial report of Shanhe Intelligent (002097) shows a decline in total revenue but a significant increase in net profit, indicating mixed performance in the company's financial health [1]. Financial Performance - Total revenue for the first half of 2025 was 3.411 billion yuan, a decrease of 6.32% year-on-year [1]. - Net profit attributable to shareholders reached 49.881 million yuan, an increase of 46.12% year-on-year [1]. - In Q2 2025, total revenue was 1.898 billion yuan, down 4.11% year-on-year, while net profit was 17.4215 million yuan, up 29.03% year-on-year [1]. - The gross profit margin was 26.39%, a decrease of 0.66% year-on-year, while the net profit margin improved to 0.86%, an increase of 68.22% year-on-year [1]. - Total expenses (selling, administrative, and financial) amounted to 602 million yuan, accounting for 17.65% of revenue, a decrease of 14.47% year-on-year [1]. Balance Sheet and Cash Flow - The company reported a significant accounts receivable figure, with accounts receivable accounting for 9356.56% of the latest annual net profit [1]. - Cash and cash equivalents increased to 2.131 billion yuan, a rise of 6.32% year-on-year [1]. - The company’s earnings per share (EPS) was 0.05 yuan, an increase of 45.91% year-on-year, while operating cash flow per share was 0.04 yuan, a decrease of 52.82% year-on-year [1]. Business Model and Investment Returns - The company's return on invested capital (ROIC) was 2.37% last year, indicating weak capital returns, with a historical median ROIC of 3.25% over the past decade [2]. - The business model relies heavily on research and marketing, necessitating a thorough examination of the underlying drivers [2]. - The company has experienced two years of losses since its IPO, reflecting a fragile business model [2]. Debt and Financial Health - The company’s interest-bearing debt ratio reached 46.54%, with a negative average operating cash flow over the past three years [2]. - The cash flow situation is concerning, with cash and cash equivalents to current liabilities at only 25.42% [2].

Core Insights - In the first half of 2025, the company reported an operating income of approximately 3.411 billion yuan, a year-on-year decrease of 6.32%, while the net profit attributable to shareholders increased by 46.12% to approximately 49.88 million yuan [1] - The company focuses on the equipment manufacturing industry, with strategic positioning in engineering equipment, special equipment, and aviation equipment [1] - The company aims for high-quality development through internationalization, intelligence, greening, and high-end manufacturing [1] Technology and Innovation - In the first half of 2025, the company applied for 102 patents, including 43 invention patents, and received authorization for 95 patents, with 36 being invention patents [1] - The company has 10 technologies and products listed in the directory of advanced applicable technologies and products encouraged in Hunan Province [1] - The company achieved significant advancements in electric and intelligent product development, with a key technology for deep well casing vehicle-mounted drilling machines reaching an international leading level [2] Production and Management - The company undertook 115 projects in the first half of the year, successfully launching 20 prototypes and achieving mass production for 9 products [2] - The establishment of a highly efficient and flexible smart manufacturing factory has significantly improved production efficiency and reduced costs [2] - A first-class domestic support service system and efficient regulatory framework have been established to quickly meet diverse customer needs [2] International Expansion - The company has seen a significant increase in export scale, with overseas sales revenue continuing to rise [2] - In the African market, sales revenue surged by 75% year-on-year, and parts revenue grew by 20% [2] - The company’s products are sold in over 180 countries and regions, with sales of rotary drilling rigs increasing by 40% year-on-year and PRO series rotary drilling rigs in Europe seeing over 200% growth [2] Future Outlook - The company plans to focus on technology customization, green intelligence, and localized services as core engines to build differentiated international competitiveness [2]

Core Points - The company has announced its 2025 semi-annual report, which reflects its operational results, financial status, and future development plans [1][4] - The board of directors and the supervisory board have approved the semi-annual report and the proposal for impairment provisions [8][16] - The company will not distribute cash dividends or issue bonus shares during this reporting period [3][5] Financial Data - The company has reported a total impairment provision of 122.68 million yuan for the first half of 2025, which includes 108.84 million yuan for credit impairment and 32.47 million yuan for asset impairment [21][27] - The impairment provisions will reduce the net profit for the first half of 2025 by 101.61 million yuan after considering tax effects [27][29] Shareholder Meeting - The company plans to hold its second extraordinary general meeting of 2025 on September 18, 2025, using a combination of on-site and online voting [47][48] - The meeting will address several proposals, including the approval of the newly estimated daily related transactions amounting to 80.70 million yuan [34][35] Related Transactions - The company expects to engage in additional daily related transactions totaling 80.70 million yuan in 2025, which is part of its operational needs [34][35] - The pricing for these transactions will adhere to fair market principles and will not harm the interests of the company or its shareholders [39][40]

Group 1 - The company, Shanhe Intelligent (SZ 002097), announced on August 30 that it has made provisions for credit impairment, asset impairment, and estimated liabilities totaling approximately 123 million yuan [1] - This provision will be reflected in the company's profit and loss for the first half of 2025, with an estimated impact of reducing the net profit by about 102 million yuan after considering tax effects [1] - The company's equity for the first half of 2025 is expected to decrease by approximately 102 million yuan due to these provisions [1] Group 2 - For the first half of 2025, the revenue composition of Shanhe Intelligent is as follows: construction machinery accounts for 81.34%, aviation business 14.88%, and infrastructure industry 3.79% [1]