Company Overview - Nanjing Koyuan Smart Technology Group Co., Ltd. is a leading supplier of industrial automation, information technology, and intelligent solutions in China, established on May 27, 1993, and listed on March 31, 2010 [2] - The company focuses on the research, production, and sales of industrial automation and information products, offering solutions such as Distributed Control Systems (DCS), Programmable Logic Controllers (PLC), real-time databases, and electric actuators [2] - Koyuan Smart has received numerous honors, including "National Torch Plan Key High-tech Enterprise" and "National Specialized and Innovative Small Giant Enterprise" [2] - The company's revenue composition is as follows: Industrial Automation 81.72%, Industrial Internet and Software 13.90%, Industrial Robotics 3.41%, and Others 0.96% [2] Recent Stock Performance - On September 2, Koyuan Smart's stock fell by 5.03%, closing at 26.61 yuan per share, with a trading volume of 218 million yuan and a turnover rate of 5.67%, resulting in a total market capitalization of 6.386 billion yuan [1] - The stock has experienced a continuous decline over three days, with a cumulative drop of 6.35% during this period [1] Fund Holdings - Citic Prudential Fund holds Koyuan Smart as a significant investment, with its fund "Citic Prudential Zhilin Mixed A" (003234) owning 29,000 shares, accounting for 5.67% of the fund's net value, making it the sixth-largest holding [3] - The fund has incurred a floating loss of approximately 40,900 yuan today and a total floating loss of 55,100 yuan over the three-day decline [3] - The fund was established on September 2, 2016, with a current scale of 8.6174 million yuan and has achieved a year-to-date return of 6.27% [3]

Financial Performance - Company reported a total revenue of 980 million yuan for the first half of 2025, representing a year-on-year increase of 21.78% [1] - Net profit attributable to shareholders reached 136 million yuan, up 23.09% year-on-year [1] - In Q2 2025, total revenue was 560 million yuan, with a year-on-year growth of 27.79% [1] - The gross profit margin was 39.15%, a decrease of 2.45% compared to the previous year [1] - The net profit margin slightly increased to 13.96%, up 0.1% year-on-year [1] - Total operating expenses were 146 million yuan, accounting for 14.88% of revenue, down 9.0% year-on-year [1] Cash Flow and Receivables - The company reported a significant increase in cash flow from operating activities, with a net change of 39.74% due to increased collections [2] - Accounts receivable reached 773 million yuan, which is 306.8% of the net profit, indicating a high level of receivables relative to profit [1][5] - The company’s cash and cash equivalents decreased by 267.37% due to investments in financial products [2] Market Position and Products - The company’s main products include DCS and large PLC systems, primarily serving the energy, power, and chemical industries [4] - The DCS market is experiencing rapid growth, with a domestic penetration rate of 43% in the thermal power sector [4] - The potential market for PLC products in the steel industry is estimated at around 70 billion yuan, driven by national policies promoting domestic control [4] Investment and Fund Holdings - The largest fund holding in the company is the招商中证2000指数增强A, which has a scale of 321 million yuan and has seen a 99.35% increase over the past year [4] - New investments in the company have been made by several funds, indicating growing interest from institutional investors [4] Historical Performance and Ratios - The company’s historical return on invested capital (ROIC) was 12.55% last year, with a median ROIC of 4.97% over the past decade [2] - The company has experienced a significant drop in ROIC in 2022, which was -25.68%, indicating past performance volatility [2]

Core Insights - Company reported a total revenue of 980 million yuan, ranking 18th among peers, with a year-on-year increase of 175 million yuan, representing a growth of 21.78% compared to the same period last year [1] - Net profit attributable to shareholders reached 136 million yuan, ranking 7th among peers, with an increase of 25.48 million yuan, reflecting a year-on-year growth of 23.09% [1] - Operating cash flow showed a net outflow of 17.69 million yuan, ranking 31st among peers, but improved by 11.66 million yuan compared to the previous year [1] Financial Ratios - The latest debt-to-asset ratio stands at 37.30%, a decrease of 2.16 percentage points from the previous quarter and a reduction of 3.60 percentage points year-on-year [3] - Gross profit margin is at 39.15%, ranking 25th among peers [3] - Return on equity (ROE) is 5.77%, ranking 4th among peers, with an increase of 0.48 percentage points year-on-year [3] - Diluted earnings per share (EPS) is 0.57 yuan, ranking 1st among peers, with a year-on-year increase of 0.11 yuan, reflecting a growth of 23.10% [3] - Total asset turnover ratio is 0.27 times, ranking 16th among peers, with a year-on-year increase of 0.03 times, representing a growth of 10.45% [3] - Inventory turnover ratio is 0.94 times, with a year-on-year increase of 0.21 times, reflecting a growth of 29.30% [3] Shareholder Information - The number of shareholders is 25,500, with the top ten shareholders holding 137 million shares, accounting for 56.89% of the total share capital [4]

Group 1 - The company announced that it will hold an employee meeting on August 25, 2025, to elect Mr. Liu Minghao as the employee representative director for the seventh board of directors [1]

Core Viewpoint - The company reported significant growth in both revenue and net profit for the first half of 2025, indicating strong operational performance and financial health [1] Financial Performance - The company achieved operating revenue of 980 million yuan, representing a year-on-year increase of 21.78% [1] - The net profit attributable to shareholders reached 136 million yuan, reflecting a year-on-year growth of 23.09% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 126 million yuan, with a year-on-year increase of 27.06% [1] - Basic earnings per share were reported at 0.5659 yuan [1]

Group 1 - The core viewpoint of the article highlights the financial performance of Koyuan Wisdom (002380.SZ) for the first half of 2025, showcasing significant growth in revenue and net profit [1] - The company achieved operating revenue of 980 million yuan, representing a year-on-year increase of 21.78% [1] - The net profit attributable to shareholders of the listed company was 136 million yuan, reflecting a year-on-year growth of 23.09% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 126 million yuan, with a year-on-year increase of 27.06% [1] - The basic earnings per share stood at 0.5659 yuan [1]

Group 1 - The core point of the article is that Koyuan Smart (SZ 002380) held its third meeting of the sixth board of directors on August 25, 2025, where it reviewed the proposal for the election of independent directors [1] - For the fiscal year 2024, Koyuan Smart's revenue composition is heavily weighted towards the manufacturing of power distribution and control equipment, accounting for 99.18% of total revenue, while other segments contribute only 0.82% [1] - As of the time of reporting, Koyuan Smart has a market capitalization of 6.5 billion yuan [1] Group 2 - The pet industry is experiencing significant growth, with a market size of 300 billion yuan, leading to a surge in stock prices for related listed companies [1]

第四条 薪酬与考核委员会委员由董事长、1/2 以上独立董事或全体董事 1/3 提名，并由董事会选举产生。 南京科远智慧科技集团股份有限公司 董事会薪酬与考核委员会议事规则 （2025 年 8 月） 第一章 总则 第一条 为进一步健全南京科远智慧科技集团股份有限公司（以下称"公司"） 董事及高级管理人员的薪酬与考核管理制度，完善公司治理结构，根据《中华人 民共和国公司法》、中国证券监督管理委员会《上市公司治理准则》和深圳证券 交易所（以下称"深交所"）《深圳证券交易所上市公司自律监管指引第 1 号—主 板上市公司规范运作》等法律、法规、规范性文件及《南京科远智慧科技集团股 份有限公司公司章程》（以下称"《公司章程》"）的相关规定，公司设立董事会薪 酬与考核委员会，并制定本议事规则。 第二条 董事会薪酬与考核委员会是董事会按照股东会决议设立的专门工 作机构，主要负责制定公司董事及高级管理人员的考核标准并进行考核；负责制 定、审查公司董事及高级管理人员的薪酬政策与方案，对董事会负责。 第二章 人员组成 第三条 薪酬与考核委员会由 3 名董事组成，其中独立董事两名。 选举委员的提案获得通过后，新任委员在董事会会议结束 ...

南京科远智慧科技集团股份有限公司 关联交易管理制度 （2025 年 8 月） 第一章 总 则 第一条 为保证南京科远智慧科技集团股份有限公司（以下称"公司"）与 关联方之间发生的关联交易符合公平、公正、公开的原则，确保公司关联交易行 为不损害公司和股东的利益，根据《中华人民共和国公司法》、《中华人民共和国 证券法》（以下简称"《证券法》"）、《企业会计准则第 36 号——关联方披露》、《深 圳证券交所股票上市规则》及其他有关法律、法规和规范性文件的规定，特制定 本制度。 第二条 公司的关联交易是指公司及其控股子公司与关联人发生的转移资 源或义务的事项。 第三条 公司进行关联交易，应当保证关联交易的合法合规性、必要性和公 允性，保持公司的独立性，不得利用关联交易调节财务指标，损害公司利益。交 易各方不得隐瞒关联关系或者采取其他手段，规避公司的关联交易审议程序和信 息披露义务。公司的关联交易应当遵循以下基本原则： （一）平等、自愿、等价、有偿的原则； （二）公平、公正、公开的原则； （三）关联方如在股东会上享有表决权，除特殊情况外，均应对关联交易事 项回避表决； （四）与关联方有任何利害关系的董事，在董事会就该关 ...

第一条 为规范南京科远智慧科技集团股份有限公司（以下简称"公司"） 董事和高级管理人员的产生，优化董事会组成，完善公司治理结构，根据《中华 人民共和国公司法》、《上市公司治理准则》、《盛视科技股份有限公司章程》 （以下简称"《公司章程》"）及其他有关规定，公司特设立董事会提名委员会 （以下简称"提名委员会"），并制订本议事规则。 第二条 董事会提名委员会是董事会设立的专门工作机构，主要负责拟定董 事、高级管理人员的选择标准和程序，对董事、高级管理人员人选及其任职资格 进行遴选、审核。 第二章 人员组成 南京科远智慧科技集团股份有限公司 董事会提名委员会议事规则 （2025 年 8 月） 第一章 总 则 第三条 提名委员会成员由 3 名董事组成，其中独立董事 2 名。 第四条 提名委员会委员由董事长、二分之一以上独立董事或者全体董事的 三分之一提名，并由董事会选举产生。 第五条 提名委员会设主任委员（召集人）一名，由独立董事委员担任，负 责主持委员会工作；主任委员在委员内选举，并报请董事会批准产生。 第六条 提名委员会任期与董事会任期一致，委员任期届满，连选可以连任。 期间如有委员不再担任公司董事职务，自动失去 ...