Core Viewpoint - Zhongchao Holdings (002471) has demonstrated significant performance recovery in the first half of the year, with a notable increase in revenue and net profit, indicating a successful transformation effort [1] Financial Performance - The company achieved total operating revenue of 2.611 billion yuan, representing a year-on-year growth of 10.28% [1] - The net profit attributable to shareholders reached 6.634 million yuan, showing a substantial year-on-year increase of 132.95%, indicating a significant recovery in profitability [1] - In Q2, the company reported a single-quarter revenue of 1.576 billion yuan, up 17.53% year-on-year, and a net profit of 26.872 million yuan, which surged by 335.20% year-on-year, suggesting a potential for sustained growth [1] - The gross margin improved to 10.78%, maintaining a steady upward trend [1] Market Expansion - The company has successfully broken the foreign monopoly on 500kV and above ultra-high voltage cable technology and won key projects from the State Grid [1] - There has been a significant increase in overseas revenue, indicating effective market expansion efforts [1] Future Outlook - With the acceleration of ultra-high voltage construction and the promotion of power equipment renewal policies, along with the substantial boost from national power engineering projects worth trillions, Zhongchao Holdings is expected to enter a golden period of innovation breakthroughs and value growth realization [1]

Group 1 - The company reported a revenue of 2.611 billion yuan for the first half of 2025, representing a year-on-year growth of 10.28% [1] - The net profit attributable to shareholders of the listed company was 6.634 million yuan [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 4.1531 million yuan [1] - The basic earnings per share were 0.0051 yuan [1]

江苏中超控股股份有限公司 2025 年半年度财务报告 江苏中超控股股份有限公司 2025 年半年度财务报告 （未经审计） 2025 年 8 月 1 江苏中超控股股份有限公司 2025 年半年度财务报告 一、审计报告 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 二、财务报表 财务附注中报表的单位为：元 1、合并资产负债表 编制单位：江苏中超控股股份有限公司 2025 年 06 月 30 日 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 816,856,026.94 | 973,198,690.37 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | | | | 衍生金融资产 | | | | 应收票据 | 127,412,833.29 | 150,628,316.23 | | 应收账款 | 2,142,607,759.56 | 2,155,384,155.68 | | 应收款项融资 | 27,736,150.89 | 29,174,153.34 | | 预付款项 | 8,2 ...

注：2022年6月7日公司收到证监会江苏监管局下发的《行政处罚决定书》【2022】4号载明：南通泉恩贸易有限公司(以下简称南通泉恩)、重庆信友达日化有限责任公司(以下简称重庆信友达)、揭阳空港区中广贸易 有限公司(以下简称中广贸易)均是黄锦光实际控制的公司，根据2007年《信披办法》第七十一条第三项规定，在2018年1月至10月10日黄锦光实际控制中超控股期间，黄锦光、南通泉恩、重庆信友达、中广贸易为中 超控股的关联人。在黄锦光的组织、指使下，南通泉恩、重庆信友达与中超控股签订的采购合同没有真实交易背景，并借助该虚假采购合同开展商业保理业务，融出资金供黄锦光占用。具体情况如下：2018年3月至 5月，中超控股与南通泉恩、重庆信友达签订原材料采购合同，南通泉恩和重庆信友达通过前述采购合同在江苏京华山一商业保理有限公司(以下简称京华山一)和海尔金融保理(重庆)有限公司(以下简称海尔保理)开 展商业保理业务，分别于 2018年3月和7月各融资2,000.00万元和5,000.00万元，在收到保理融资款后，随即将1,995.00万元和4,979.00万元转至中广贸易。上述资金划拨构成黄锦光对中超控股资金的非经营性占 ...

Group 1 - The company reported a revenue of 2.611 billion yuan for the first half of 2025, representing a year-on-year growth of 10.28% [1] - The net profit attributable to shareholders of the listed company was 6.63398 million yuan, marking a turnaround from a loss to profit year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 4.1531 million yuan [1] - The basic earnings per share were 0.0051 yuan [1]

江苏中超控股股份有限公司 2025 年半年度报告全文 江苏中超控股股份有限公司 2025 年半年度报告 2025 年 8 月 1 江苏中超控股股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 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，并承担 个别和连带的法律责任。 公司负责人刘广忠、主管会计工作负责人李川冰及会计机构负责人(会计 主管人员)王艳声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本报告中如有涉及未来计划、业绩预测等前瞻性陈述，均不构成本公司对 任何投资者及相关人士的实质承诺，投资者及相关人士均应对此保持足够的 风险认识，并且应当理解计划、预测与承诺之间的差异。 公司在本报告第三节"管理层讨论与分析"之"十、公司面临的风险和应对 措施"中详细描述了公司经营中可能存在的风险，敬请投资者关注相关内容。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | | | | 第一节 | 重要提示、目录和释义 2 | | | --- | --- | ...

中超控股公告，2025年上半年营业收入26.11亿元，同比增长10.28%。净利润663.4万元，同比增长 132.95%。公司计划不派发现金红利，不送红股，不以公积金转增股本。 ...

Group 1 - The core viewpoint of the news is that Zhongchao Holdings experienced a decline in stock price and trading volume, with significant financing activities indicating a high level of market interest despite the drop [1][2] - As of August 27, Zhongchao Holdings' stock price fell by 3.46%, with a trading volume of 580 million yuan, and a net financing outflow of 2.20 million yuan [1] - The company's financing balance reached 180 million yuan, accounting for 2.89% of its market capitalization, indicating a relatively high level compared to the past year [1] Group 2 - As of August 20, the number of shareholders for Zhongchao Holdings increased to 174,200, while the average circulating shares per person decreased by 0.41% to 7,493 shares [2] - For the first quarter of 2025, Zhongchao Holdings reported a revenue of 1.035 billion yuan, reflecting a year-on-year growth of 0.81%, while the net profit attributable to shareholders was -20.24 million yuan, showing a year-on-year increase of 23.08% [2] - The company has distributed a total of 305 million yuan in dividends since its A-share listing, with 42.44 million yuan distributed in the last three years [3]

Core Viewpoint - Zhongchao Holdings (002471) is facing scrutiny regarding its upcoming share issuance, with concerns raised about the pricing and compliance with securities regulations [1][2] Group 1: Company Performance - As of August 20, 2025, Zhongchao Holdings closed at 5.04 yuan, up 0.8%, with a turnover rate of 9.99% and a trading volume of 1.3031 million shares, resulting in a transaction value of 650 million yuan [1] - On the same day, the net outflow of funds from major investors was 19.9145 million yuan, while retail investors saw a net inflow of 30.5131 million yuan [2] Group 2: Share Issuance Concerns - The company plans to issue approximately 380 million shares to raise 1.1846 billion yuan, with an initial offering price of 3.12 yuan per share, which is significantly below the average price of the last 20 trading days (approximately 3.76 yuan) [1] - The company’s secretary clarified that the pricing will be based on the average trading price of the 20 days prior to the issuance date, and the final price will be determined after approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission [1]

Core Points - The company announced the approval of a guarantee for its wholly-owned subsidiary, Jiangsu Zhongchao Cable Co., Ltd., to apply for financing lease business from Zhejiang Zhiyin Financial Leasing Co., Ltd. [2] - The approved guarantee amount is up to RMB 30 million, with the company assuming joint guarantee responsibility within this limit [2] - The guarantee amount and duration will be specified in the respective contract, and the guarantee is subject to the approval of the company's shareholders' meeting [2]