宝鼎科技（002552.SZ）9月3日在投资者互动平台表示，公司高速高频铜箔为HVLP1-3代铜箔；加工费 因不同型号、不同厚度铜箔差别较大；由于处于设备试运行阶段，毛利率相对偏低；上半年产量369.33 吨铜箔主要为内部板厂使用，产品尚未正式投入市场。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问： 1）我公司生产的HVLP铜箔是第几代产品？ 2）其加 工费是多少？ 3）毛利率是多少？ 4）另外上半年只有300多吨的产量，是受限于生产还是销售？ ...

Group 1 - The core point of the article is that the main construction of the Hexi gold mine expansion project has been basically completed, and the company will apply for acceptance from the relevant authorities [2] Group 2 - An investor inquired about the completion of the gold mine expansion project, highlighting that it was expected to be finished by August, but it is now September [2] - The company, Baoding Technology (002552.SZ), responded on September 3, indicating the progress of the project [2]

Core Viewpoint - Baoding Technology (002552) reported disappointing financial results for the first half of 2025, with significant declines in revenue and net profit compared to the previous year [1] Financial Performance Summary - Total revenue for the first half of 2025 was 1.395 billion yuan, a decrease of 5.77% year-on-year [1] - Net profit attributable to shareholders was 21.98 million yuan, down 78.29% year-on-year [1] - The gross profit margin was 14.23%, an increase of 2.35% year-on-year, while the net profit margin plummeted to 0.72%, a decrease of 90.43% [1] - Total operating expenses (sales, management, and financial expenses) amounted to 110 million yuan, representing 7.87% of revenue, an increase of 13.83% year-on-year [1] - Earnings per share dropped to 0.05 yuan, a decline of 79.17% year-on-year [1] Accounts Receivable and Cash Flow - Accounts receivable accounted for 337.19% of the latest annual net profit, indicating a large volume of outstanding payments [1] - Operating cash flow per share was -0.48 yuan, a decrease of 229.76% year-on-year, highlighting cash flow challenges [1] Changes in Key Financial Metrics - Cash and cash equivalents decreased by 5.31% due to a reduction in bank deposits [11] - Accounts receivable increased by 15.48% primarily due to an increase in receivables from Jinbao Electronics [2] - Inventory rose by 12.68%, also attributed to Jinbao Electronics [2] - Interest-bearing liabilities increased by 31.61%, with short-term borrowings up by 7.61% and long-term borrowings up by 33.84% [4] Revenue Breakdown - Revenue from copper-clad laminate business decreased by 8.97%, while electronic copper foil revenue increased by 5.74% and finished gold business revenue grew by 20.18% [6] Expense Analysis - Sales expenses surged by 39.69%, driven by increased costs at Jinbao Electronics [7] - Financial expenses rose by 21.02%, while management expenses decreased by 4.68% [8] Tax and Investment Insights - Income tax expenses decreased by 45.51% due to reduced tax liabilities at the parent company [9] - Research and development expenses increased by 7.27%, reflecting higher direct material costs [9] Historical Performance Context - The company's historical financial performance has been weak, with a median Return on Invested Capital (ROIC) of 2.21% over the past decade and two years of losses since its listing [12]

Group 1 - The core viewpoint of the article is that Baoding Technology (002552) reported a decline in both revenue and net profit for the first half of 2025, indicating potential challenges in its financial performance [1] Group 2 - In the first half of 2025, the company achieved operating revenue of 1.395 billion yuan, a year-on-year decrease of 5.77% [1] - The net profit for the same period was 21.9795 million yuan, reflecting a significant year-on-year decline of 78.29% [1] - The basic earnings per share were reported at 0.05 yuan, with a weighted average return on equity (ROE) of 1.51% [1]

Group 1 - The company announced a profit distribution plan for the first half of 2025, proposing a cash dividend of 2.00 yuan per 10 shares, totaling approximately 77.6 million yuan [1] - The net profit attributable to shareholders for the first half of 2025 was approximately 21.98 million yuan, with undistributed profits of about 373.46 million yuan [1] - The proposed distribution is based on the lower of the consolidated and parent company undistributed profits, which is 125.99 million yuan [1] Group 2 - The cash dividend amount exceeds 50% of the net profit attributable to shareholders and the parent company's undistributed profits, indicating a strong financial position [2] - The company had a net profit of approximately 247.63 million yuan for 2024, with a cash balance of about 536.92 million yuan and a debt-to-asset ratio of 57.82% [2] - The board of directors and the supervisory board both approved the profit distribution plan, emphasizing its alignment with sustainable development and shareholder interests [3]

Core Viewpoint - Baoding Technology announced a cash distribution plan for the first half of 2025, proposing a dividend of 2 yuan per 10 shares (including tax), with a total cash payout of approximately 77.6 million yuan, which represents 353.04% of the company's net profit, marking the eighth cash distribution since its listing [2][3]. Company Financial Performance - For the first half of 2025, Baoding Technology reported total revenue of 1.395 billion yuan, a year-on-year decrease of 5.77% - The net profit for the same period was approximately 21.98 million yuan, reflecting a significant year-on-year decline of 78.29% - Basic earnings per share were reported at 0.05 yuan, with a weighted average return on equity of 1.51% [3]. Dividend History - The company has a history of cash distributions since its listing, with the following key data: - 2025.06.30: 10 shares for 2 yuan (total cash: 0.78 billion yuan, dividend yield: 1.32%) - 2024.06.30: 10 shares for 1.4 yuan (total cash: 0.57 billion yuan, dividend yield: 0.99%) - 2015.12.31: 10 shares for 0.1 yuan (total cash: 0.03 billion yuan, dividend yield: 0.07%) - 2014.12.31: 10 shares for 0.2 yuan (total cash: 0.06 billion yuan, dividend yield: 0.19%) - 2013.12.31: 10 shares for 0.5 yuan (total cash: 0.08 billion yuan, dividend yield: 0.43%) - 2012.12.31: 10 shares for 1 yuan (total cash: 0.15 billion yuan, dividend yield: 0.92%) - 2011.12.31: 10 shares for 2 yuan (total cash: 0.30 billion yuan, dividend yield: 1.01%) - 2010.12.31: 10 shares for 2 yuan (total cash: 0.20 billion yuan) [3][4]. Industry Comparison - In the machinery and equipment sector, Baoding Technology's cash distribution ranks among 26 companies that announced their plans for the first half of 2025 - The highest cash distribution was from China CNR Corporation, with a total payout of 3.157 billion yuan, followed by Sany Heavy Industry at 2.614 billion yuan and Times Electric at 0.597 billion yuan [4][5].

Core Viewpoint - Baoding Technology (002552.SZ) reported a decline in both revenue and net profit for the first half of 2025, indicating potential challenges in its financial performance [1] Financial Performance - The company's operating revenue for the first half of 2025 was 1.395 billion yuan, a year-on-year decrease of 5.77% [1] - The net profit attributable to shareholders of the listed company was 21.9795 million yuan, representing a significant year-on-year decline of 78.29% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 24.0066 million yuan, down 23.97% year-on-year [1] - Basic earnings per share were reported at 0.05 yuan [1]

Core Viewpoint - Baoding Technology (002552.SZ) reported a decline in both revenue and net profit for the first half of 2025, indicating potential challenges in its financial performance [1] Financial Performance - The company achieved operating revenue of 1.395 billion yuan, a year-on-year decrease of 5.77% [1] - The net profit attributable to shareholders was 21.9795 million yuan, down 78.29% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 24.0066 million yuan, a decrease of 23.97% year-on-year [1] - Basic earnings per share were 0.05 yuan [1] Dividend Distribution - The company proposed a cash dividend of 2.00 yuan (including tax) for every 10 shares to all shareholders [1]

宝鼎科技股份有限公司董事会议事规则 宝鼎科技股份有限公司 董事会议事规则 第一条 为了进一步规范本公司董事会的议事方式和决策程序，促使董事和 董事会有效地履行其职责，提高董事会规范运作和科学决策水平，根据《中华人 民共和国公司法》、《中华人民共和国证券法》、《上市公司治理准则》、《深 圳证券交易所股票上市规则》和《宝鼎科技股份有限公司章程》（以下简称《公 司章程》）等有关规定，特制定本规则。 第二条 董事会下设董事会办公室，处理董事会日常事务。 董事会秘书兼任董事会办公室负责人，保管董事会和董事会办公室印章。 第三条 董事会会议分为定期会议和临时会议。 董事会每年应当至少在上下两个半年度各召开一次定期会议。 第四条 在发出召开董事会定期会议的通知前，董事会办公室应当充分征求 各董事的意见，初步形成会议提案后交董事长拟定。 董事长在拟定提案前，应当视需要征求总经理和其他高级管理人员的意见。 第五条 有下列情形之一的，董事会应当召开临时会议： 第六条 按照前条规定提议召开董事会临时会议的，应当通过董事会办公室 或者直接向董事长提交经提议人签字（盖章）的书面提议。书面提议中应当载明 下列事项： 第 1 页 共 6 ...

第一章 总则 第一条 为规范宝鼎科技股份有限公司（以下简称"公司"或者"本公司"） 董事会审计委员会的运作，根据《中华人民共和国公司法》《上市公司治理准则》 《上市公司独立董事管理办法》《深圳证券交易所股票上市规则》《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》《国有企业、上市 公司选聘会计师事务所管理办法》等法律、法规、规范性文件及《宝鼎科技股份 有限公司章程》（以下简称《公司章程》）的有关规定，结合公司实际，制定本议 事规则。 第二条 董事会审计委员会是董事会设立的专门工作机构，负责审核公司财 务信息及其披露，监督及评估内外部审计工作和内部控制，向董事会报告工作， 对董事会负责。 第三条 审计委员会的人员组成、会议的召开程序、表决方式等必须遵循有 关法律、法规、规范性文件及《公司章程》及本议事规则的规定。 宝鼎科技股份有限公司董事会审计委员会议事规则 宝鼎科技股份有限公司 董事会审计委员会议事规则 第二章 人员组成 第四条 审计委员会成员由三名董事组成，其中独立董事二名，成员中至少 有一名独立董事为会计专业人士，且审计委员会成员应当为不在上市公司担任高 级管理人员的董事。 第五 ...