Core Points - Shenzhen Lihua Science and Technology Innovation Co., Ltd. has successfully completed the issuance of its second phase of technology innovation bonds for the year 2025, with a total issuance amount of RMB 700 million and an interest rate of 1.95% [1][3][5] Group 1: Bond Issuance Details - The company held a temporary shareholders' meeting on July 7, 2023, to approve the public issuance of corporate bonds, medium-term notes, and short-term financing bills [1] - The company received a registration acceptance notice from the China Interbank Market Dealers Association on November 2023, allowing for the registration of medium-term notes with a total amount of RMB 2 billion, valid for two years [1] - The first phase of medium-term notes for 2025 was completed on April 7, 2025, with a total issuance of RMB 700 million and an interest rate of 2.18% [3] Group 2: Specifics of the Second Phase Bond - The second phase of technology innovation bonds was completed on September 4, 2025, with a total issuance of RMB 700 million and an interest rate of 1.95% [3][5] - The bonds have a term of 3 years, with the interest starting from September 4, 2025, and maturing on September 4, 2028 [3] - The issuance price was set at 100.00, with a total of 14 compliant subscription applications amounting to RMB 1.57 billion [3][5]

证券代码：002243 证券简称：力合科创 公告编号：2025-045号 深圳市力合科创股份有限公司 关于公司 2025 年度第二期科技创新债券发行情况的公告 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。 本次发行情况有关文件在北京金融资产交易所网站（https://www.cfae.cn/） 公告。经"信用中国"网站（https://www.creditchina.gov.cn/）核查，公司 不属于失信责任主体。 特此公告。 深圳市力合科创股份有限公司董事会 2025 年 9 月 6 日 2 深圳市力合科创股份有限公司（以下简称"公司"）于 2023 年 7 月 7 日召 开 2023 年第二次临时股东大会审议通过了《关于拟公开发行公司债券、中期票 据和超短期融资券的议案》，并于 2023 年 11 月收到中国银行间市场交易商协会 发来的《接受注册通知书》（中市协注〔2023〕MTN1230 号），同意接受公司中 期票据注册，注册金额为 20 亿元，注册额度自通知书落款之日起 2 年内有效。 具 体 内 容 详 见 公 司 于 2023 年 11 月 22 ...

Financial Performance - The company reported a total revenue of 1.094 billion yuan for the first half of 2025, representing a year-on-year increase of 4.4% [1] - The net profit attributable to shareholders reached 118 million yuan, showing a significant year-on-year growth of 45.76% [1] - In Q2 2025, the total revenue was 627 million yuan, up 3.83% year-on-year, while the net profit attributable to shareholders was 139 million yuan, an increase of 18.56% year-on-year [1] Profitability Metrics - The gross margin improved to 23.23%, reflecting a year-on-year increase of 16.59% [1] - The net margin rose to 7.72%, with a substantial year-on-year increase of 76.54% [1] - The company’s earnings per share (EPS) increased to 0.1 yuan, a rise of 45.75% compared to the previous year [1] Cost and Expense Management - Total selling, administrative, and financial expenses amounted to 228 million yuan, accounting for 20.88% of revenue, which is a slight decrease of 0.18% year-on-year [1] - The company’s operating cash flow per share improved to -0.06 yuan, a significant increase of 76.15% year-on-year [1] Financial Health Indicators - The company’s cash and cash equivalents increased to 1.595 billion yuan, a rise of 28.19% year-on-year [1] - The accounts receivable stood at 973 million yuan, reflecting a year-on-year increase of 2.5% [1] - The company’s interest-bearing debt rose to 5.706 billion yuan, an increase of 4.05% year-on-year [1] Historical Performance Insights - The company's return on invested capital (ROIC) was 2.28% last year, indicating weak capital returns [3] - The historical median ROIC over the past decade was 4.41%, with the lowest recorded ROIC being 1.12% in 2015 [3] - The company has reported a total of 16 annual reports since its listing, with one year of losses, suggesting the need for further investigation into underlying causes [3]

Core Viewpoint - The company has undergone significant changes in its shareholder structure and management, while also planning to continue its financial support to subsidiaries and maintain its auditing arrangements for the upcoming year [7][11][54]. Group 1: Company Overview - The company is named Shenzhen Lihe Science and Technology Co., Ltd. and is listed under the stock code 002243 [1]. - The company has not changed its controlling shareholder or actual controller during the reporting period [4][5]. Group 2: Financial and Operational Updates - The company plans not to distribute cash dividends or issue bonus shares for the reporting period [2]. - The company issued a total of RMB 700 million in medium-term notes with an interest rate of 2.18% [9]. - The company approved a financial assistance plan to provide up to RMB 640 million to its wholly-owned subsidiary Guangzhou Lihe Science and Technology Center [22]. Group 3: Shareholder Structure Changes - The company announced a change in the upper shareholder structure of its controlling shareholder, Shenzhen Qingyan Investment Holdings Co., Ltd., which was transferred to the Shenzhen Municipal Government State-owned Assets Supervision and Administration Commission [7][10]. - The transfer of 100% equity of the controlling shareholder was completed without affecting the company's governance structure [11]. Group 4: Management Changes - The company appointed Xu Anbi as the new general manager after the resignation of He Zhen, who will continue as chairman [8][12]. - The company also elected Yang Gaoyu as an independent director following the resignation of Zhang Hanbin [12]. Group 5: Audit and Compliance - The company has proposed to continue using the auditing services of Deloitte Touche Tohmatsu Certified Public Accountants for the year 2025, with an expected audit fee of RMB 1.7 million [54][55]. - The audit committee and supervisory board have reviewed and approved the decision to retain the auditing firm, ensuring compliance with relevant regulations [66].

Group 1 - The core point of the article is that Lihua Science and Technology announced the approval of its 2025 semi-annual financial report and several other proposals during the 17th meeting of the sixth supervisory board [2] Group 2 - The announcement was made on the evening of August 27 [2] - The meeting involved the review and approval of multiple resolutions [2]

Group 1 - The core point of the article is that Lihua Science and Technology announced the approval of its 2025 semi-annual financial report and several other proposals during the 17th meeting of its sixth board of directors [2]

Group 1 - The company, Lihe Science and Technology, announced the continued appointment of Crowe Horwath as the auditing firm for the fiscal year 2025 [2]

Group 1 - The company reported a revenue of 1.094 billion yuan for the first half of 2025, representing a year-on-year growth of 4.40% [1] - The net profit attributable to shareholders of the listed company was 118 million yuan, showing a significant year-on-year increase of 45.76% [1] - The company recorded a net loss of 8.2398 million yuan after deducting non-recurring gains and losses attributable to shareholders [1] - The basic earnings per share were reported at 0.0978 yuan [1]

Core Viewpoint - The company reported a revenue of approximately 1.094 billion yuan for the first half of the year, marking a year-on-year growth of 4.40%, while the net profit attributable to shareholders reached about 118 million yuan, reflecting a significant increase of 45.76% [1] Group 1: Financial Performance - The company's asset-liability ratio stood at 49.47% at the end of the reporting period, a decrease of 0.08 percentage points compared to the end of 2024 [1] - The company achieved export sales of 260 million yuan, which is a year-on-year increase of 50.71% [1] Group 2: Business Model and Focus Areas - The company is one of the earliest institutions in China focusing on hard technology investment, leveraging a unique business model that integrates technology innovation services with strategic emerging industries [1] - Strategic emerging industries, particularly new materials, are a major source of revenue for the company [1] Group 3: Investment and Innovation - The company completed 11 investment delivery projects in the first half of the year, with investment returns significantly increasing compared to the same period last year [1] - The company has a total of 248 ongoing investment projects, with the following sector allocations based on investment amount: 16.06% in new generation information technology, 47.35% in advanced manufacturing, 15.44% in new energy materials, and 7.98% in biomedical [1] Group 4: Technology Transfer and Project Development - The company has successfully transformed technology achievements from universities such as Beijing Institute of Technology and Harbin Institute of Technology (Shenzhen) into early-stage quality projects [2] - Investments were made in companies like Zhongke Fifth Epoch, Habitat Technology, and Lepulan, covering areas such as intelligent technology-driven design and manufacturing [2] - Several invested companies have submitted listing applications to the Hong Kong Stock Exchange, and others have completed new rounds of financing [2]

证券代码：002243 证券简称：力合科创 公告编号：2025-044号 深圳市力合科创股份有限公司 关于举行 2025 年半年度网上业绩说明会的公告 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。 为便于广大投资者更加全面深入地了解公司经营业绩、发展战略等情况，公司定于 2025 年 9 月 5 日（星期五）15:00-17:00 在"价值在线"（www.ir-online.cn）举办深 圳市力合科创股份有限公司 2025 年半年度网上业绩说明会，与投资者进行沟通和交流 ，广泛听取投资者的意见和建议，具体安排如下： 深圳市力合科创股份有限公司（以下简称"公司"）已于 2025 年 8 月 28 日在指定 的信息披露网站巨潮资讯网（www.cninfo.com.cn）发布了《2025 年半年度报告》和《2 025 年半年度报告摘要》。 一、会议召开时间：2025 年 9 月 5 日（星期五）15:00-17:00 特此公告。 二、出席人员：公司董事长贺臻先生，总经理徐安毕先生，独立董事杨高宇先生， 副总经理、董事会秘书于喆女士，财务总监任伟先生。 1 三、投资 ...