Financial Performance - The company's operating revenue for Q3 2025 was ¥242,381,280.23, a decrease of 18.37% compared to the same period last year[3] - The net profit attributable to shareholders was -¥30,352,215.75, representing a decline of 70.28% year-on-year[3] - The net cash flow from operating activities for the year-to-date was ¥178,606,190.70, down 37.57% compared to the previous year[3] - The net loss for the year-to-date was -¥65,959,102.29, a decrease of 16.09% compared to the previous year[3] - Total operating revenue decreased to ¥679.62 million from ¥800.37 million, a decline of approximately 15.0% year-over-year[21] - Net profit for the period was a loss of ¥55.08 million, compared to a loss of ¥42.85 million in the previous period, representing an increase in loss of approximately 28.5%[22] - The company's investment income showed a loss of ¥4.38 million, worsening from a loss of ¥2.56 million in the previous period[22] - The total comprehensive income attributable to the parent company was -65,968,314.86 CNY, compared to -56,822,075.89 CNY in the previous period, indicating a decline of approximately 16.5%[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,697,134,319.38, a decrease of 1.97% from the end of the previous year[3] - The company's total current assets at the end of the reporting period amount to RMB 1,145,319,568.22, a decrease from RMB 1,178,943,467.48 at the beginning of the period[17] - The accounts receivable at the end of the reporting period is RMB 684,884,823.86, down from RMB 734,495,229.38 at the beginning of the period[17] - Long-term receivables decreased to ¥492.96 million from ¥516.22 million, a decline of approximately 4.5%[18] - Total assets decreased to ¥5.70 billion from ¥5.81 billion, a decline of approximately 1.9%[19] - Total liabilities decreased to ¥3.54 billion from ¥3.59 billion, a decline of approximately 1.0%[19] - The company's equity attributable to shareholders decreased to ¥2.07 billion from ¥2.15 billion, a decline of approximately 3.5%[19] Cash Flow - The net cash flow from operating activities was 178,606,190.70 CNY, down 37.6% from 286,086,674.93 CNY in the previous period[24] - Cash inflows from investment activities totaled 109,677,263.66 CNY, while cash outflows amounted to 231,724,168.93 CNY, resulting in a net cash flow from investment activities of -122,046,905.27 CNY[24] - The net cash flow from financing activities was -78,524,518.21 CNY, an improvement from -341,489,035.01 CNY in the previous period[24] - The ending balance of cash and cash equivalents was 68,123,539.18 CNY, down from 219,885,460.63 CNY in the previous period[24] - Cash received from sales of goods and services was 833,841,349.64 CNY, a decrease of 7.9% from 905,425,400.86 CNY in the previous period[23] - The company received 5,411,466.92 CNY in tax refunds, down from 9,038,103.97 CNY in the previous period[23] - The company reported cash inflows from other operating activities of 60,873,324.53 CNY, slightly up from 58,560,032.81 CNY in the previous period[23] Shareholder Information - The total number of common stock shareholders at the end of the reporting period is 43,017[10] - The largest shareholder, Zeng Shengqiang, holds 17.04% of the shares, amounting to 104,677,171 shares, with 76,230,000 shares pledged[10] Contracts and Revenue - The company confirmed sales revenue of RMB 57.0794 million from a contract with Ping An Communication for data center services during the reporting period[12] - The company signed a contract with China Mobile for IDC room leasing services with a total contract value of approximately RMB 711 million, confirming sales revenue of RMB 34.6677 million during the reporting period[13] - The company has completed 95% of the engineering construction for a contract with China Mobile, with a total contract value of approximately RMB 411.7871 million[15] Investments and Expenditures - The company reported a significant increase in prepayments by 137.41%, reaching ¥29,682,956.84, due to increased business activities[7] - The company experienced a 148.33% increase in contract liabilities, totaling ¥68,498,700.67, attributed to increased customer payments received[7] - The company reported a significant increase in development expenditure for data resources, rising to ¥68.91 million from ¥41.60 million, an increase of approximately 65.5%[18] - The company established a new subsidiary, Changsha Zengtong Zhikuan Technology Co., Ltd., with an investment of RMB 10 million, holding 100% of its shares[15] Earnings Per Share - The company's basic earnings per share for Q3 2025 was -¥0.05, a decrease of 66.67% year-on-year[3] - Basic and diluted earnings per share were both -0.11 CNY, compared to -0.09 CNY in the previous period[23] Other Information - The company has not reported any changes in the participation of major shareholders in margin trading and securities lending[11] - The company did not execute any new accounting standards adjustments for the current reporting period[25] - Research and development expenses decreased to ¥54.25 million from ¥61.46 million, a reduction of approximately 11.7% year-over-year[21]

深圳市证通电子股份有限公司 证券简称：ST 证通 证券代码：002197 公告编号：2025-069 深圳市证通电子股份有限公司 第七届董事会第三次（临时）会议（现场与通讯表决相结合） 深圳市证通电子股份有限公司（以下简称"公司"）第七届董事会第三次（临 时）会议于 2025 年 10 月 28 日以现场与通讯表决相结合的方式，在深圳市光明 区同观路 3 号证通电子产业园二期 14 楼会议室召开。 召开本次会议的通知已于 2025 年 10 月 24 日以书面、电话、传真、电子邮 件等方式通知各位董事。本次会议由董事长曾胜强主持，会议应出席董事 5 人， 实际出席会议的董事 5 人，其中独立董事张虹、汪文雨以通讯表决的方式出席会 议。公司高级管理人员列席了会议，本次董事会会议的召开符合《中华人民共和 国公司法》和《公司章程》的有关规定。 经与会董事认真审议，以记名投票、逐项表决的方式通过了以下议案： 一、会议审议通过《公司 2025 年第三季度报告》 具体内容详见公司于 2025 年 10 月 30 日在《证券时报》《上海证券报》及巨 潮资讯网（www.cninfo.com.cn）上披露的《公司 2025 年 ...

Core Viewpoint - The article discusses China's dominance in the synthetic diamond industry, highlighting its technological advancements and recent export controls that could impact global semiconductor production costs, particularly in the context of AI and high-performance computing [13][14][27]. Group 1: Synthetic Diamond Production - The majority of synthetic diamonds are produced in Henan, China, which accounts for approximately 80% of the country's total output and 95% of the global production [12]. - The development of the six-sided press machine in the 1960s marked a significant milestone, enabling China to produce synthetic diamonds independently [9][10]. - Technological advancements, such as the powder catalyst process and indirect heating techniques, have improved the efficiency and reduced energy consumption in diamond production [11][12]. Group 2: Export Controls and Strategic Implications - Recent export controls on synthetic diamond products, including micro-powder, single crystals, and grinding wheels, are seen as a strategic move to increase production costs for foreign semiconductor manufacturers [13][14]. - The export restrictions are comparable to those imposed on rare earth materials, positioning synthetic diamonds as a critical leverage point in international trade [13][14]. Group 3: Risks and Future Developments - Despite China's current advantages, there is a potential risk of foreign competitors utilizing chemical vapor deposition (CVD) methods to produce diamonds, which could lead to a shift in the market dynamics [18][19]. - The demand for diamond-based thermal management solutions in AI chips and other high-performance applications is expected to grow, creating new opportunities for the diamond industry [24][27]. - Domestic advancements in semiconductor technology, particularly in diamond substrate applications, are crucial for maintaining competitive advantages in the evolving market [27][28].

Market Overview - On October 24, the computer equipment sector rose by 2.05%, led by Aerospace Intelligence [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Stock Performance - Aerospace Intelligence (300455) saw a closing price of 19.76 with a significant increase of 19.98% and a trading volume of 311,100 shares, amounting to a transaction value of 614 million [1] - Weihong Co., Ltd. (300508) closed at 31.98, up 12.61%, with a trading volume of 94,300 shares [1] - Dahua Intelligent (002512) closed at 4.46, up 10.12%, with a trading volume of 672,500 shares [1] - Other notable performers include Langke Technology (300042) with an 8.93% increase and a closing price of 33.18, and Jiayuan Technology (301117) with a 7.96% increase and a closing price of 43.25 [1] Capital Flow - The computer equipment sector experienced a net inflow of 1.494 billion in main funds, while retail funds saw a net outflow of 575 million [2] - The main funds' net inflow for Zhongke Shuguang (603019) was 914 million, accounting for 12.96% of the total, while retail funds had a net outflow of 578 million [3] - Dahua Intelligent (002512) had a main fund net inflow of 139 million, representing 46.50% of the total, with retail funds experiencing a net outflow of 64.93 million [3]

Group 1 - The company, ST Zhengtong (002197.SZ), confirmed on October 20 that it currently has no cooperation with the mentioned enterprise, Xinkailai [2]

法律意见书 浙江天册（深圳）律师事务所 关于 深圳市证通电子股份有限公司 2025 年第二次临时股东会的 法律意见书 中国广东省深圳市南山区科发路 222 号康泰创新广场 34 层 518052 电话：0755-26907494 传真：0755-26906383 http://www.tclawfirm.com 法律意见书 浙江天册（深圳）律师事务所 关于深圳市证通电子股份有限公司 本所律师根据《股东会规则》的要求，按照律师行业公认的业务标准、道德 规范和勤勉尽责的精神，对本次股东会所涉及的有关事项和相关文件进行了必要 的核查和验证，同时听取了公司就有关事实的陈述和说明。现出具法律意见如下： 一、本次股东会召集、召开的程序 （一）经本所律师核查，公司本次股东会由董事会提议并召集，召开本次股 东会的通知已于 2025 年 8 月 27 日在指定媒体及深圳证券交易所网站上公告。 （二）本次股东会采取现场投票与网络投票相结合的方式。 2 2025 年第二次临时股东会的 法律意见书 致：深圳市证通电子股份有限公司 浙江天册（深圳）律师事务所（以下简称"本所"）接受深圳市证通电子股 份有限公司（以下简称"公司"）的委托 ...

深圳市证通电子股份有限公司 证券简称：ST 证通 证券代码：002197 公告编号：2025-068 1.本次股东会未出现否决提案的情形。 2.本次股东会未涉及变更以往股东会已通过的决议。 3.本次股东会采取现场投票及网络投票相结合的方式。 4.为提高中小投资者对深圳市证通电子股份有限公司（以下简称"公司"） 股东会重大事项决议的参与度，本次提交股东会审议的所有议案对除公司董事、 高级管理人员以及单独或合计持有公司 5%以上股份的股东以外的中小投资者表 决结果，公司进行了单独计票并公开披露。 一、会议的召开情况 1.现场会议召开时间：2025 年 9 月 16 日（星期二）15:00。 网络投票时间：通过深圳证券交易所交易系统进行网络投票的具体时间为： 2025 年 9 月 16 日 9:15-9:25，9:30-11:30 和 13:00-15:00；通过深圳证券交易 所互联网投票系统投票的具体时间为：2025 年 9 月 16 日 9:15 至 2025 年 9 月 16 日 15:00 期间的任意时间。 深圳市证通电子股份有限公司 2025 年第二次临时股东会决议公告 本公司及董事会全体成员保证信息披露 ...

Group 1 - Tianhua New Energy plans to acquire 75% equity of Suzhou Tianhua Times for 1.254 billion yuan, aiming to transfer lithium resource investment to the listed company and eliminate potential competition risks [1] - Wan'an Technology intends to invest 20 million yuan in Tongchuan Technology through capital increase, acquiring 2.72% equity, focusing on core components for robotics [2] - Bid Pharma shareholders plan to reduce their holdings by no more than 1% of the company's total shares within three months [3] Group 2 - Borui Data shareholders plan to reduce their holdings by no more than 5.4% of the company's total shares, with specific reductions from key personnel [4] - Tonglian Precision announces that shareholders intend to reduce their holdings by no more than 3% of the company's total shares through various trading methods [5] - Zhongchao Holdings signs a strategic cooperation agreement with Hefei Intelligent Robot Research Institute to collaborate on technology and industrial applications in robotics [6] Group 3 - Guodun Quantum plans to sign sales contracts with China Telecom Quantum Group, with expected amounts of 12.144 million yuan and 63.054 million yuan for different projects [7] - Jingjiawei signs a strategic cooperation agreement with Anchaoyun, ensuring compatibility between its GPU products and Anchaoyun's software, supporting high-performance cloud desktop solutions [8] - *ST Dongtong faces potential forced delisting due to significant violations, with stock risk warnings implemented following regulatory actions [9]

Group 1 - Changsha Zhengtong Zhican Technology Co., Ltd. has been established with a registered capital of 10 million RMB [1] - The legal representative of the company is Yang Yiren [1] - The company's business scope includes artificial intelligence industry application system integration services, artificial intelligence basic software development, and data processing and storage support services [1] Group 2 - The company is indirectly wholly owned by ST Zhengtong (002197) [1]

Core Viewpoint - Changsha Zhengtong Zhican Technology Co., Ltd. was established on September 3, with a registered capital of 10 million RMB, focusing on artificial intelligence applications and services [1] Company Summary - The legal representative of the newly established company is Yang Yiren [1] - The company is wholly owned by Changsha Zhengtong Cloud Computing Co., Ltd., which is a wholly-owned subsidiary of Shenzhen Zhengtong Electronics Co., Ltd. [1] Industry Summary - The company's business scope includes system integration services for artificial intelligence applications, development of basic software for artificial intelligence, and technical consulting services for public service platforms in artificial intelligence [1]