日海智能科技股份有限公司 关于持股 5%以上股东减持计划的预披露公告 证券代码：002313 证券简称：日海智能 公告编号：2025-063 公司持股 5%以上的股东珠海润达泰投资合伙企业（有限合伙）保证向本公 司提供的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证本公告内容与信息披露义务人提供的信息一 致。 特别提示： 持有本公司股份 103,872,550 股（占公司总股本的 27.7437%）的股东珠海润 达泰投资合伙企业（有限合伙）计划自本公告披露之日起 15 个交易日后的 3 个 月内，以集中竞价及大宗交易方式减持本公司股份 10,387,255 股，占本公司总股 本的 2.7744%。其中：通过集中竞价交易方式减持公司股份的数量不超过公司总 股本的 1%；通过大宗交易方式减持公司股份的数量不超过公司总股本的 1.7744%。 日海智能科技股份有限公司（以下简称"公司"）近日收到公司第一大股东 珠海润达泰投资合伙企业（有限合伙）（以下简称"润达泰"）出具的《减持计划 告知函》，现将有关情况公告如下： 一、股东的基本情况 1、股东名称：珠海润达泰投资合伙企业 ...

Company Overview - 日海智能科技股份有限公司 is located in Shenzhen, Guangdong Province, established on November 14, 2003, and listed on December 3, 2009 [2] - The company's main business includes wireless communication modules (65.95% of revenue), communication engineering services (18.41%), communication infrastructure equipment (13.65%), and other businesses (1.98%) [2] - The company belongs to the communication equipment industry, specifically in communication terminals and accessories, and is involved in sectors such as Beidou navigation, small-cap stocks, drones, blockchain, and core networks [2] Financial Performance - For the first half of 2025, 日海智能 reported revenue of 1.314 billion yuan, a year-on-year decrease of 18.51%, and a net profit attributable to shareholders of -43.49 million yuan, a decrease of 14.40% year-on-year [2] - The company has cumulatively distributed 178 million yuan in dividends since its A-share listing, with no dividends distributed in the last three years [3] Stock Performance - As of September 22, 日海智能's stock price was 11.56 yuan per share, with a market capitalization of 4.328 billion yuan [1] - The stock has increased by 47.45% year-to-date, but has seen a decline of 6.02% over the last five trading days and 4.54% over the last twenty days [1] - The company has appeared on the龙虎榜 (a stock trading list) eight times this year, with the most recent appearance on August 13, where it recorded a net buy of 6.6694 million yuan [1] Capital Flow - On September 22, the net outflow of main funds was 8.5593 million yuan, with large orders buying 12.343 million yuan (11.02% of total) and selling 18.583 million yuan (16.59% of total) [1] - The stock's trading volume on September 22 was 112 million yuan, with a turnover rate of 2.57% [1] Shareholder Information - As of June 30, the number of shareholders was 44,100, a decrease of 2.95% from the previous period, with an average of 8,491 circulating shares per shareholder, an increase of 3.03% [2]

Group 1 - The company, Ultrasonic Electronics, has engaged with clients in the mobile internet sector, including ZTE, Guanghetong, Datang, and Rihai [2]

Group 1 - The company, 超声电子 (000823.SZ), has indicated that its clients in the mobile internet sector include major players such as 中兴, 广和通, 华三, 大唐, and 日海 [1]

Group 1 - The core viewpoint of the news is that 日海智能's stock has experienced fluctuations, with a year-to-date increase of 52.42% but a recent decline of 6.79% over the past five trading days [1] - As of September 18, 日海智能's stock price is reported at 11.95 yuan per share, with a total market capitalization of 4.474 billion yuan [1] - The company has seen a net outflow of 474,700 yuan in principal funds, with significant buying and selling activity from large orders [1] Group 2 - 日海智能, established on November 14, 2003, and listed on December 3, 2009, is primarily engaged in wireless communication modules, communication infrastructure, and engineering services [2] - The revenue composition of 日海智能 includes 65.95% from wireless communication modules, 18.41% from communication engineering services, and 13.65% from communication infrastructure [2] - As of June 30, the number of shareholders is reported at 44,100, a decrease of 2.95% from the previous period [2] Group 3 - For the first half of 2025, 日海智能 reported a revenue of 1.314 billion yuan, a year-on-year decrease of 18.51%, and a net profit attributable to shareholders of -43.49 million yuan, a decrease of 14.40% [2] - Since its A-share listing, 日海智能 has distributed a total of 178 million yuan in dividends, with no dividends paid in the last three years [3]

Market Overview - On September 15, the communication equipment sector declined by 1.72%, with Daysea Intelligent leading the drop [1] - The Shanghai Composite Index closed at 3860.5, down 0.26%, while the Shenzhen Component Index closed at 13005.77, up 0.63% [1] Stock Performance - Notable gainers in the communication equipment sector included: - Yuandun Quantum (688027) with a closing price of 318.98, up 9.94% on a trading volume of 59,200 shares and a turnover of 1.86 billion [1] - Cambridge Technology (603083) closed at 109.00, up 7.40% with a trading volume of 646,600 shares and a turnover of 7.09 billion [1] - Sega Technology (002796) closed at 18.26, up 4.94% with a trading volume of 407,200 shares and a turnover of 730 million [1] - Major decliners included: - Daysea Intelligent (002313) closed at 12.30, down 4.95% with a trading volume of 420,000 shares [2] - Dingtong Technology (688668) closed at 105.50, down 4.83% with a trading volume of 82,100 shares [2] - ST Gaohong (000851) closed at 0.60, down 4.76% with a trading volume of 156,000 shares [2] Capital Flow - The communication equipment sector experienced a net outflow of 5.995 billion from institutional investors, while retail investors saw a net inflow of 3.69 billion [2][3] - Notable capital flows included: - High New Star (300098) with a net inflow of 71.71 million from institutional investors [3] - Hengbao Co. (002104) with a net inflow of 61.26 million from institutional investors [3] - Yuandun Quantum (688027) with a net inflow of 43.24 million from institutional investors [3]

Market Performance - The communication equipment sector rose by 3.51% on September 10, with Meilixin leading the gains [1] - The Shanghai Composite Index closed at 3812.22, up 0.13%, while the Shenzhen Component Index closed at 12557.68, up 0.38% [1] Top Gainers - Meilixin (301307) closed at 30.85, up 11.94% with a trading volume of 272,100 shares and a turnover of 828 million yuan [1] - Rihai Intelligent (002313) closed at 12.42, up 10.01% with a trading volume of 335,800 shares and a turnover of 406 million yuan [1] - Dongfang Communication (600776) closed at 12.67, up 9.98% with a trading volume of 389,300 shares and a turnover of 488 million yuan [1] Market Capital Flow - The communication equipment sector saw a net inflow of 4.801 billion yuan from institutional investors, while retail investors experienced a net outflow of 3.489 billion yuan [2][3] - The top stocks by net inflow from institutional investors included Zhongji Xuchuang (300308) with 1.254 billion yuan and Xinyi Sheng (300502) with 1.083 billion yuan [3] Individual Stock Performance - Zhongji Xuchuang (300308) had a net inflow of 1.254 billion yuan from institutional investors, but a net outflow of 718 million yuan from retail investors [3] - Xinyi Sheng (300502) experienced a net inflow of 1.083 billion yuan from institutional investors, with a net outflow of 382 million yuan from retail investors [3] - Dongfang Communication (600776) had a net inflow of 186 million yuan from institutional investors, but a significant net outflow of 1 billion yuan from retail investors [3]

Core Insights - The Chinese access control market has evolved from traditional key and keypad systems to more diversified and personalized solutions, driven by urbanization and increased property management demands [1] - The market for smart access control systems in China is projected to grow from 8.4 billion yuan in 2015 to 23.6 billion yuan in 2024, with a compound annual growth rate (CAGR) of 12.16% [1][15] - The integration of technologies such as IoT, AI, and big data is expected to further enhance the development prospects of the smart access control industry [1] Industry Overview - Smart access control systems utilize modern electronic and identification technologies to manage entry points effectively, enhancing security and convenience [4] - The systems can be categorized by recognition methods (password, card, RFID, biometric) and design principles (integrated or separate controllers and readers) [4][6] Industry Development History - The smart access control industry has undergone significant evolution over the decades, transitioning from simple electronic locks in the 1980s to advanced biometric systems in the early 2000s, and now to intelligent systems incorporating IoT and AI [9] Industry Value Chain - The value chain consists of hardware manufacturing (controllers, readers, locks) and software development (management software, recognition algorithms), with system integration and application in smart buildings and communities as downstream activities [10] Market Size and Growth - The smart community market in China is projected to grow from 348 billion yuan in 2017 to approximately 752.8 billion yuan in 2024, with a CAGR of 12.34% [12][13] Competitive Landscape - The smart access control industry in China is characterized by high market concentration, with leading companies leveraging technology and service innovation to strengthen their competitive edge [15] - Key players include both international brands (e.g., Johnson Controls, Siemens) and domestic firms (e.g., Jieshun Technology, Dahua Technology) [15] Key Companies - Jieshun Technology focuses on smart parking and access control systems, with projected revenue of 151 million yuan for its access control segment in 2024, down 30.42% year-on-year [16] - Lifan Holdings specializes in integrated access control solutions, with expected revenue of 91 million yuan for its smart access control systems in 2024, a decline of 26.02% year-on-year [16] Future Trends - The industry is expected to see increased application in diverse scenarios beyond traditional settings, such as schools and hospitals, necessitating customized solutions [17] - The integration of AI will enhance the intelligence of access control systems, enabling features like behavior analysis and anomaly detection [18] - Enhanced security measures will be implemented to counteract rising cybersecurity threats, including multi-factor authentication and blockchain technology [20] - User experience will be prioritized, with systems designed for ease of use across different demographics, including features like mobile access and voice prompts for elderly users [21]

Core Insights - The company reported a significant decline in revenue and net profit for the first half of 2025, indicating ongoing financial struggles [1][3] - The company's financial metrics show a concerning trend, with rising short-term debt pressure and deteriorating profitability ratios [1][3] Financial Performance - Total revenue for the first half of 2025 was 1.314 billion yuan, a decrease of 18.51% compared to 1.613 billion yuan in the same period of 2024 [1] - The net profit attributable to shareholders was -43.49 million yuan, down 14.4% from -38.02 million yuan in the previous year [1] - The gross margin fell to 16.47%, a decline of 9.68% year-on-year, while the net margin worsened to -3.31%, a drop of 40.1% [1] - Total expenses (selling, administrative, and financial) amounted to 188 million yuan, representing 14.32% of revenue, an increase of 15.13% year-on-year [1] Cash Flow and Debt Situation - Cash flow per share improved to 0.47 yuan, a significant increase of 267.2% year-on-year, despite the overall negative net profit [1] - The company’s liquidity is under pressure, with a current ratio of 0.81, indicating potential short-term financial challenges [1][3] - The company’s cash and cash equivalents increased by 34.08% to 349 million yuan, while accounts receivable decreased by 28.71% to 780 million yuan [1] Investment Returns and Business Model - The company's historical return on invested capital (ROIC) has been poor, with a median of -1.56% over the past decade and a particularly low -39.69% in 2022 [3] - The business model relies heavily on research and development, necessitating a thorough examination of the underlying drivers of this approach [3] - The company has recorded six years of losses since its IPO, raising concerns about its long-term viability without significant changes [3]

Core Insights - The company, Rihai Intelligent (002313), reported a significant decline in revenue and net profit for the first half of 2025, with total revenue of 1.314 billion yuan, down 18.51% year-on-year, and a net loss of 43.49 million yuan, a decrease of 14.4% compared to the previous year [1] Financial Performance - Total revenue for the second quarter was 702 million yuan, reflecting a year-on-year decrease of 12.93% - The net profit for the second quarter was a loss of 13.55 million yuan, which is an increase of 53.15% compared to the same quarter last year [1] - The gross margin decreased to 16.47%, down 9.68% year-on-year, while the net margin was -3.31%, a decline of 40.1% [1] - Total expenses (selling, administrative, and financial) amounted to 188 million yuan, accounting for 14.32% of revenue, an increase of 15.13% year-on-year [1] Key Financial Ratios - The current ratio stands at 0.81, indicating increased short-term debt pressure [1] - The company’s cash flow per share improved to 0.47 yuan, a significant increase of 267.2% year-on-year, despite a decrease in net asset value per share to 0.06 yuan, down 85.35% [1] - The company has recorded a median Return on Invested Capital (ROIC) of -1.56% over the past decade, with the worst year being 2022 at -39.69% [3] Business Model and Debt Situation - The company relies heavily on research and development for its business model, which requires careful examination of the underlying drivers [3] - The cash flow situation is concerning, with cash and cash equivalents covering only 23.05% of current liabilities, and the average operating cash flow over the past three years covering only 7.33% of current liabilities [3] - The debt situation is also critical, with a debt-to-asset ratio of 44.72% and a ratio of interest-bearing debt to the average operating cash flow over the past three years at 13.02% [3]