（编辑 楚丽君） 证券日报网讯 9月22日晚间，积成电子发布公告称，国家电网有限公司近日在国家电网有限公司电子商 务平台公告了"国家电网有限公司2025年第五十三批采购（营销项目第二次计量设备招标采购）推荐的 中标候选人公示""国家电网有限公司2025年第六十批采购（输变电项目第四次变电设备（含电缆）招标 采购）推荐的中标候选人公示"和"国家电网有限公司2025年第六十一批采购（输变电项目第四次变电设 备单一来源采购）推荐的成交候选人公示"，积成电子股份有限公司（以下简称"公司"）为上述项目的 中标候选人之一，共中11个包，中标金额合计约为8，183.60万元。 ...

证券代码：002339 证券简称：积成电子 公告编号：2025-025 积成电子股份有限公司 关于经营合同中标的提示性公告 本公司及董事会全体成员保证公告内容的真实、准确、完整，不存在虚假 记载、误导性陈述或者重大遗漏。 国家电网有限公司近日在国家电网有限公司电子商务平台公告了"国家电网 有限公司 2025 年第五十三批采购（营销项目第二次计量设备招标采购）推荐的 中标候选人公示"、"国家电网有限公司 2025 年第六十批采购（输变电项目第 四次变电设备（含电缆）招标采购）推荐的中标候选人公示"和"国家电网有限 公司 2025 年第六十一批采购（输变电项目第四次变电设备单一来源采购）推荐 的成交候选人公示"，积成电子股份有限公司（以下简称"公司"）为上述项目 的中标候选人之一，共中 11 个包，中标金额合计约为 8,183.60 万元。 现将相关中标情况提示如下： 一、项目概况 国家电网有限公司 2025 年第五十三批采购（营销项目第二次计量设备招标 采购）推荐的中标候选人公示（招标编号：0711-25OTL08322016）、国家电网有 限公司 2025 年第六十批采购（输变电项目第四次变电设备（含电缆）招 ...

Core Insights - The company, Jicheng Electronics (002339.SZ), has been announced as one of the recommended candidates for multiple procurement projects by the State Grid Corporation of China for 2025, indicating a strong position in the market [1] Procurement Details - The company is a candidate for 11 packages in total across three procurement announcements from the State Grid Corporation [1] - The total bid amount for these projects is approximately 81.836 million yuan [1]

Group 1 - The company Jicheng Electronics (002339.SZ) has been selected as one of the winning candidates for multiple procurement projects by the State Grid Corporation of China [1] - The company is involved in 11 packages across these projects, with a total winning bid amount of approximately 81.836 million yuan [1]

Group 1 - The core point of the article is that Jicheng Electronics has been selected as a candidate for multiple procurement projects by State Grid Corporation, with a total bid amount of approximately 81.836 million yuan [1] - Jicheng Electronics won bids for 11 packages in the State Grid's 2025 procurement announcements [1] - As of the report, Jicheng Electronics has a market capitalization of 4 billion yuan [1] Group 2 - For the first half of 2025, Jicheng Electronics' revenue composition is as follows: 71.35% from the power automation industry, 18.63% from public utility automation, 8.05% from information security, and 1.97% from other industries [1]

人民财讯9月22日电，积成电子(002339)9月22日公告，公司预中标国家电网有限公司2025年采购项目， 共中11个包，中标金额合计约8183.6万元，占公司2024年度营业收入的3.15%。 转自：证券时报 ...

Core Viewpoint - The company has won bids in multiple procurement projects from the State Grid Corporation of China, totaling approximately 81.836 million yuan, which is expected to positively impact its operating performance, although there are risks as the company has not yet received the official bid notification [1] Group 1: Procurement Details - The company won five packages in the 53rd procurement project, amounting to a total of 74.0766 million yuan [1] - In the 60th procurement project, the company secured one package worth 2.8646 million yuan [1] - The company also won five packages in the 61st procurement project, totaling 4.8949 million yuan [1]

Group 1 - The core business of the company includes power grid automation, distribution automation, and power plant automation, with revenue contributions of 36.88% from distribution automation, 20.77% from substation automation, and 13.70% from grid dispatch automation [2] - As of June 30, the company had 56,100 shareholders, an increase of 3.70% from the previous period, with an average of 8,536 circulating shares per shareholder, a decrease of 3.57% [2] - For the first half of 2025, the company achieved operating revenue of 1.091 billion yuan, a year-on-year increase of 23.75%, while the net profit attributable to shareholders was -60.30 million yuan, a year-on-year increase of 26.63% [2] Group 2 - On September 17, the company's stock fell by 1.11%, with a trading volume of 76.24 million yuan [1] - The financing buy-in amount on the same day was 8.80 million yuan, while the financing repayment was 12.55 million yuan, resulting in a net financing buy-in of -3.75 million yuan [1] - The total balance of margin trading as of September 17 was 264 million yuan, accounting for 6.50% of the circulating market value, which is above the 80th percentile level over the past year [1]

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 a significant market presence [1] - As of January to July 2025, there are 37,073 enterprises in the electrical machinery and equipment manufacturing sector, representing a year-on-year increase of 1,559 enterprises, which is a growth rate of 4.39% [1] - The electrical machinery and equipment manufacturing enterprises account for 7.12% of the total industrial enterprises in China [1] Group 2 - The report referenced is from Zhiyan Consulting, which provides in-depth industry research and strategic insights into the competitive landscape and future prospects of the electrical machinery industry from 2025 to 2031 [1] - The data indicates that the threshold for scale industrial enterprises has been raised from an annual main business income of 5 million to 20 million yuan since 2011, reflecting a more stringent classification [1] - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in comprehensive industry research reports, business plans, feasibility studies, and customized services [1]

Core Insights - The company reported a total revenue of 1.091 billion yuan for the first half of 2025, representing a year-on-year increase of 23.75% [1] - The net profit attributable to shareholders was -60.3043 million yuan, showing a year-on-year improvement of 26.63% [1] - The second quarter revenue reached 723 million yuan, up 14.6% year-on-year, with a net profit of 1.0575 million yuan, a significant increase of 204.0% [1] Financial Performance - The gross margin was 24.45%, a slight decrease of 0.49% compared to the previous year [1] - The net margin improved to -4.59%, an increase of 44.96% year-on-year [1] - Total operating expenses (sales, management, and financial expenses) amounted to 214 million yuan, accounting for 19.66% of revenue, down 16.47% year-on-year [1] Cash Flow and Debt - The net cash flow from investment activities decreased by 186.99% due to increased payments for investment products [2] - The net cash flow from financing activities increased by 42.12% as a result of reduced loan repayments [2] - The company's cash flow situation is concerning, with cash and cash equivalents to current liabilities at only 97.7% [4] Accounts Receivable - The accounts receivable reached 1.367 billion yuan, with a ratio to net profit of 4326.73%, indicating a significant collection issue [1][5] Return on Investment - The company's return on invested capital (ROIC) was 3.14%, indicating weak capital returns, with a historical median ROIC of 3.58% over the past decade [3] - The net profit margin was recorded at 2.7%, suggesting low added value in products or services [3]