非经营性资金占用及其他关联资金往来情况汇总表 2025 年半年度 编制单位：广州海格通信集团股份有限公司 单位：万元 产 | 其 它 关 联 资金 | | 往来方与上市公 | 上市公司核算 | 年期初 2025 | 年 月往 2025 1-6 | 年 2025 | 月占 1-6 | 年 2025 | 月 1-6 | 年 2025 6 | 月末 | | 往来性质（经营 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 往来 | 资金往来方名称 | 司的关联关系 | 的会计科目 | 往来资金余额 | 来累计发生金额 | | 用资金的利息 | 偿还累计发生 | | 占用资金余额 | | 往来形成原因 | 性往来、 非经 营性往来） | | | | | | | （不含利息） | | （如有） | 金额 | | | | | | | | 中金支付有限公司 广州市公路实业发展有限公司 | 大股东附属企业 大股东附属企业 | 应收账款 应收账款 | | 146.17 189.73 | | | 14 ...

证券代码：002465 证券简称：海格通信 公告编号：2025-044 号 广州海格通信集团股份有限公司 2025 年半年度募集资金存放与使用情况的专项报告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 根据中国证券监督管理委员会《上市公司监管指引第 2 号——上市公司募 集资金管理和使用的监管要求》《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》以及《深圳证券交易所上市公司自律监管指南第 2 号——公告格式》的相关规定，广州海格通信集团股份有限公司（以下简称"海 格通信"或"公司"）将 2025 年半年度募集资金存放与使用情况专项报告如下： 一、募集资金基本情况 （一）实际募集资金金额及资金到位时间 经中国证券监督管理委员会《关于同意广州海格通信集团股份有限公司向特 定对象发行股票注册的批复》（证监许可【2023】1597 号）批复，同意公司向 特定对象发行股票的注册申请，公司向特定投资者发行人民币普通股（A 股） 177,385,277 股，发行价为每股人民币 10.46 元，本次募集配套资金总额为人民币 1,855,449,9 ...

证券代码：002465 证券简称：海格通信 公告编号：2025-042 号 广州海格通信集团股份有限公司 第六届监事会第十八次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 广州海格通信集团股份有限公司（以下简称"公司"）第六届监事会第十八次 会议于 2025 年 8 月 7 日以通讯方式召开。本次会议的召开事宜由公司监事会于 2025 年 7 月 25 日以书面通知、电话、电子邮件等方式通知公司全体监事。公司 3 名监事全部参与表决。本次会议的召集、召开和表决程序符合《公司法》及《公 司章程》的有关规定。 与会监事经认真审议，对以下事项进行了表决，形成监事会决议如下： 一、 审议通过《2025 年半年度报告及其摘要》 经审核，监事会认为：董事会编制和审核公司《2025 年半年度报告全文及其 摘要》的程序符合法律、行政法规和中国证监会的规定，报告内容真实、准确、 完整地反映了公司的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 二、 审议通过《2025 年半年度募集资金存放与使用情况的专项报告》 表决结果：赞成票 3 票，弃权票 0 票， ...

证券代码：002465 证券简称：海格通信 公告编号：2025-041 号 表决结果：赞成票 9 票，弃权票 0 票，反对票 0 票。 详见公司于 2025 年 8 月 9 日披露在《中国证券报》《证券时报》《证券日报》 《上海证券报》和巨潮资讯网的《2025 年半年度募集资金存放与使用情况的专 项报告》。 广州海格通信集团股份有限公司 第六届董事会第三十一次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 广州海格通信集团股份有限公司（以下简称"公司"）第六届董事会第三十 一次会议于 2025 年 8 月 7 日以通讯方式召开。本次会议的召开事宜由公司董事 会于 2025 年 7 月 25 日以书面通知、电话、电子邮件等方式通知公司全体董事及 其他列席人员。公司 9 名董事全部参与表决。本次会议的召集、召开和表决程序 符合《公司法》及《公司章程》的有关规定。 一、 审议通过了《2025 年半年度报告及其摘要》 表决结果：赞成票 9 票，弃权票 0 票，反对票 0 票。 详见公司于 2025 年 8 月 9 日披露在《中国证券报》《证券时报》《证券 ...

海格通信（SZ 002465，收盘价：14.03元）8月8日晚间发布半年度业绩报告称，2025年上半年营业收入 约22.29亿元，同比减少13.97%；归属于上市公司股东的净利润约251万元，同比减少98.72%；基本每股 收益0.001元，同比减少98.73%。 （文章来源：每日经济新闻） ...

Financial Performance - The company's operating revenue for the reporting period was ¥2,229,454,022.83, a decrease of 13.97% compared to ¥2,591,409,298.16 in the same period last year[20] - The net profit attributable to shareholders of the listed company was ¥2,513,763.85, down 98.72% from ¥195,827,476.05 year-on-year[20] - The net profit after deducting non-recurring gains and losses was -¥36,336,269.35, a decline of 133.77% compared to ¥107,604,362.06 in the previous year[20] - The net cash flow from operating activities was -¥532,252,918.15, an improvement of 28.03% from -¥739,518,021.50 in the same period last year[20] - The total revenue for the reporting period was CNY 2,229,454,022.83, a decrease of 13.97% compared to the same period last year[60] - The industrial sector generated revenue of CNY 990,476,134.55, down 12.39% year-over-year, while the service sector revenue was CNY 1,238,977,888.28, down 15.19%[60] - The gross profit margin for the wireless communication segment was 38.31%, a decrease of 2.11% compared to the previous year[60] - The company achieved operating revenue of CNY 2.23 billion in the first half of the year, a year-on-year decrease of 13.97%[46] - Operating profit turned negative at -¥42,284,600.43 compared to a profit of ¥185,814,970.22 in the same period last year[150] - Net profit for the first half of 2025 was ¥6,627,361.37, a significant drop from ¥223,600,429.31 in the first half of 2024[151] Assets and Liabilities - The total assets at the end of the reporting period were ¥20,127,970,154.29, a decrease of 1.96% from ¥20,529,820,331.22 at the end of the previous year[20] - The net assets attributable to shareholders of the listed company were ¥12,459,658,291.19, down 1.16% from ¥12,606,173,067.45 at the end of the previous year[20] - The company's cash and cash equivalents decreased by 10.49% to CNY 2,541,253,822.67, attributed to increased investment in financial products[61] - Accounts receivable increased to CNY 5,710,792,957.20, representing 28.37% of total assets, up from 26.60% last year[61] - The company's inventory increased to CNY 1,458,268,653.60, representing 7.24% of total assets, up from 6.52% last year[61] - The company's short-term borrowings rose to CNY 1,888,684,719.03, an increase of 2.23% from the previous year[61] - Total liabilities decreased from ¥7,393,851,981.29 to ¥7,136,868,483.10, a reduction of about 3.5%[147] - Total current assets decreased from ¥13,838,690,812.44 to ¥13,118,288,594.40, a decline of approximately 5.2%[145] - Total non-current assets increased from ¥6,691,129,518.78 to ¥7,009,681,559.89, an increase of approximately 4.7%[146] Research and Development - The company maintains a high R&D investment ratio of approximately 15% of revenue, focusing on key areas such as the BeiDou system, next-generation satellite communication, and AI technologies[40] - Research and development investment reached CNY 447 million, accounting for 20.05% of operating revenue, despite a 6.60% decrease compared to the previous year[46] - The company has committed RMB 78,617.95 million to the "Beidou + 5G" integration R&D project, with RMB 66,617.95 million allocated for this purpose[75] - The "Beidou + 5G" integration R&D project has achieved a progress rate of 28.82% as of October 31, 2023[75] - The Tian Shu R&D center project has a total committed investment of RMB 55,545 million, with a progress rate of 39.21%[75] Market and Business Strategy - The company plans to focus on technology research and development in emerging fields such as chips, satellite internet, and 6G, while actively expanding into international and civilian markets[20] - The company is a leading provider in the wireless communication sector, covering a wide range of products including 5G and satellite communication systems, and is actively participating in national satellite internet projects[27] - The company is recognized as a leader in the aerospace sector, providing advanced simulation systems and components for major aircraft manufacturers, and has expanded its international market presence along the Belt and Road Initiative[36] - The company is actively pursuing market expansion and technological integration, particularly in the fields of AI, satellite internet, and low-altitude economy, to capitalize on emerging opportunities[41] - The company is positioned as a key player in the digital and intelligent ecosystem, serving over 20 provinces and focusing on integrated services for special institutions and key industries[37] Corporate Governance and Social Responsibility - The company has a strong emphasis on corporate culture and brand image, having received an A-level rating for information disclosure from the Shenzhen Stock Exchange for 13 consecutive years[44] - The company actively fulfilled its environmental and social responsibilities, enhancing corporate social value during the reporting period[91] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[94] - The company reported no violations regarding external guarantees during the reporting period[95] - The company has not engaged in any securities or derivative investments during the reporting period[69][70] Shareholder Information - The company does not plan to distribute cash dividends or issue bonus shares[5] - The company has implemented 15 cash dividend distributions since its IPO in 2010, with a total cash dividend exceeding 3.5 billion yuan and an average dividend payout ratio of 54%[45] - The largest shareholder, Guangzhou Digital Technology Group Co., Ltd., holds 25.31% of the shares, totaling 628,149,283[128] - The company has not yet implemented the share repurchase plan as of the reporting period[125] - A total of 46,155,648 shares were released from restrictions, accounting for 1.8597% of the total share capital[123] Financial Management - The company has a robust strategy for sustainable innovation, leveraging a diverse talent pool to drive breakthroughs in core technologies and maintain competitive advantages[40] - The company has approved a proposal to establish a market value management system at the sixth board meeting[85] - The company plans to repurchase shares with a total fund of no less than RMB 200 million and no more than RMB 400 million for employee stock ownership plans or equity incentives[119] - The company authorized the use of up to RMB 12 billion of temporarily idle fundraising for cash management, with funds to be used in a rolling manner within the decision's validity period[118] - The company intends to apply for a credit financing limit of up to RMB 5.5 billion from banks for the year 2025[121]

Core Viewpoint - The high-end equipment sector is experiencing mixed performance, with significant movements in specific stocks and a positive long-term outlook for the military industry driven by technological advancements and increased defense spending [1][3][4]. Group 1: Market Performance - As of August 7, 2025, the CSI High-End Equipment Sub-Index decreased by 0.80%, with stocks showing varied performance; 712 led with an increase of 8.65%, while Guorui Technology saw the largest decline [1]. - The high-end equipment ETF (159638) had a turnover rate of 4.57% and a transaction volume of 54.32 million yuan, with an average daily transaction volume of 63.18 million yuan over the past week [3]. Group 2: ETF Performance - The latest scale of the high-end equipment ETF reached 1.198 billion yuan, with a net value increase of 33.28% over the past year [3]. - Since its inception, the ETF has recorded a highest single-month return of 19.30%, with the longest consecutive monthly gains being three months and a maximum increase of 21.15% [3]. Group 3: Industry Outlook - Recent reports indicate that the domestic military construction is transitioning towards "intelligent and unmanned" systems, with global military trade demand expanding, suggesting a long-term growth cycle for the military industry [3]. - The recent successful launch of the Pakistan Remote Sensing Satellite 01 demonstrates the maturity and stability of China's aerospace technology, while the successful flight of the Kuaizhou-1A rocket reinforces the high prosperity of the aerospace equipment sector [3]. Group 4: Key Stocks - As of July 31, 2025, the top ten weighted stocks in the CSI High-End Equipment Sub-Index accounted for 46.03% of the index, with notable companies including AVIC Shenyang Aircraft Company and Aero Engine Corporation of China [4]. - The performance of key stocks varied, with AVIC Shenyang Aircraft Company down by 2.36% and Aerospace Electronic Technology up by 2.08% [6]. Group 5: Investment Opportunities - Investors can consider the CSI High-End Equipment Sub-Index ETF linked fund (018028) for potential industry rotation opportunities [6].

Core Viewpoint - The military industry sector is experiencing a strong performance driven by multiple favorable factors, contributing to the recent upward trend in the stock market indices, particularly the Shanghai Composite Index, which closed at 3633.99 points, up 0.45% [1]. Group 1: Military Industry Performance - The military sector has shown significant strength, with various sub-sectors such as PEEK materials, liquid cooling servers, military equipment, and humanoid robots all performing well [3][5]. - The defense ETF (512670) has seen a year-to-date increase of 23.02%, leading its category, and has achieved three consecutive monthly gains [7][11]. - The overall market for defense and military indices has seen substantial growth, with the China Securities Defense Index rising by 22.95% since the beginning of the year, outperforming other similar indices [11][12]. Group 2: Investment Trends and Market Dynamics - There is a notable increase in capital expenditure (Capex) from overseas manufacturers, reinforcing the "investment-growth-reinvestment" cycle in the AI industry, which is closely linked to the military sector [6]. - The military industry is benefiting from geopolitical tensions, with global military spending projected to reach $2.7 trillion in 2024, a 9.4% increase year-on-year, which is expected to enhance China's share in the international arms trade [14]. - The military sector is entering a new order cycle, with a high degree of certainty for future demand, particularly in areas such as aviation, armaments, and drones, indicating a positive outlook for the second half of the year [17][15]. Group 3: Stock Performance and Fund Inflows - As of July 27, 42 military stocks reported a net profit of nearly 5.6 billion yuan, a year-on-year increase of over 45%, marking the highest level in five years [18]. - Institutional investors have begun to increase their allocation to military stocks after ten consecutive quarters of reduction, with military-themed funds growing significantly in the second quarter [18]. - The defense ETF (512670) has attracted a net inflow of 394 million yuan from June 23 to August 5, with a substantial increase in trading volume and fund size [27].

三连阳的沪指从上周的回调中反弹，指数继续向年内新高发起冲击。 多重利好驱动的军工板块，无疑是这三连涨背后的主要功臣，今天继续着强势表现。 这波军工行情，到底能走多久？ 01 涨停潮继续 板块题材方面，硬件装备细分赛道一齐开花。Peek材料、液冷服务器、军工装备、人形机器人板块走高，水电、医药板块调整。 | PEEK材料 8.87% | 中船系 4.62% | 宇树机器人 3.71% | 十大军工集团 3.56% | 航母 3.55% | | --- | --- | --- | --- | --- | | 减速器 3.43% | 章 [信息化 3.23% | 具身智能 3.06% | ■■■机 3.05% | 液冷服务器 2.99% | | 雅江水电站 -0.99% | | 坑生素 【 引き陸に 投资股大数据 | 血液制品 -1.36% | 减肥药 -1.49% | | 水利水电建设 -1.51% | 干细胞 -1.58% | CRO -1.59% | 法感 -1.63% | 天堂腿园 -3.26% | | | | | | 数据支持:勾股大数据、Wind | | 了解更多图文干货,请下载 | | | | 工格修 ...

Core Viewpoint - The Terahertz concept sector has shown a significant increase of 3.40%, ranking sixth among concept sectors, with 19 stocks rising, including Aerospace Electronics which hit the daily limit, and other notable gainers such as Shaanxi Huada, Saiwei Electronics, and Tianhe Defense [1][2]. Market Performance - The Terahertz concept sector received a net inflow of 1.079 billion yuan, with 12 stocks experiencing net inflows, and 6 stocks seeing inflows exceeding 50 million yuan. Aerospace Electronics led with a net inflow of 491 million yuan, followed by Haige Communication, Saiwei Electronics, and Tianhai Defense with net inflows of 227 million yuan, 127 million yuan, and 98.08 million yuan respectively [2][3]. Stock Performance - Key stocks in the Terahertz concept sector include: - Aerospace Electronics: 9.99% increase, 38.42% net inflow ratio - Haige Communication: 4.62% increase, 10.55% net inflow ratio - Saiwei Electronics: 5.51% increase, 10.61% net inflow ratio - Tianhai Defense: 4.15% increase, 10.88% net inflow ratio - Tianyin Machinery: 2.85% increase, 11.81% net inflow ratio - Taihao Technology: 4.03% increase, 11.15% net inflow ratio [3][4].