Core Insights - Tongda Co., Ltd. has significantly increased its profitability due to strong competitiveness in ultra-high voltage cable products, reporting a revenue of 3.618 billion yuan for the first half of 2025, a year-on-year increase of 37.28%, and a net profit of 61.8733 million yuan, up 68.24% [1][2] Business Performance - The company's core business segments continue to show growth, with new orders for the wire and cable business increasing by 80.17% year-on-year [2][3] - The wire and cable segment achieved a revenue growth of 35.49%, while the precision processing and assembly of aircraft components grew by 43.51% [3] - The company aims to achieve an annual revenue of over 10 billion yuan and a total tax and profit of 1 billion yuan in 2025 [4] Export and Global Expansion - Tongda Co., Ltd. has expanded its global footprint, exporting wire and cable products to over 100 countries and regions since 2009, with export revenue of 261 million yuan in the first half of 2025, a year-on-year increase of 62.12% [5][6] Research and Development - The company emphasizes research and innovation as a core driver of development, increasing R&D investment by 25.37% to 94 million yuan in the first half of 2025, and has been granted 95 patents, including 10 invention patents [6][7] - Tongda Co., Ltd. is focused on enhancing its market competitiveness through technological innovation and product upgrades in the power cable market [7]

Revenue and Profit Growth - The company reported a total revenue of 3.618 billion yuan for the first half of 2025, an increase of 37.28% year-on-year [1] - The net profit attributable to shareholders reached 61.8733 million yuan, up 68.24% year-on-year [1] - The net profit excluding non-recurring items was 60.4544 million yuan, reflecting an increase of 89.08% year-on-year [1] - In Q2 alone, total revenue was 2.144 billion yuan, a year-on-year increase of 35.89% [1] - The net profit for Q2 was 45.9064 million yuan, showing a significant rise of 106.37% year-on-year [1] Main Business Performance - Revenue from the wire and cable business was 1.655 billion yuan, accounting for 45.74% of total revenue, with a gross margin of 12.64% [2] - Revenue from ultra-high voltage and high voltage engineering cables was 950 million yuan, making up 26.26% of total revenue, with a gross margin of 11.96% [2] - Revenue from aluminum plate and strip products was 1.397 billion yuan, representing 38.62% of total revenue, but with a low gross margin of 1.74% [2] - Mechanical processing products had the highest gross margin at 34.68%, although their revenue contribution was only 2.71% [2] Cash Flow and Accounts Receivable Risks - The company reported a negative operating cash flow of -0.76 yuan per share, a decline of 47.26% year-on-year [4] - The accounts receivable amount was significantly high, with accounts receivable accounting for 7601.79% of the latest annual net profit, indicating potential management risks [4] Debt Situation - The company had interest-bearing liabilities of 1.635 billion yuan, a decrease of 3.79% year-on-year [5] - The interest-bearing asset-liability ratio stood at 32.73%, raising concerns about the company's debt repayment capacity [5] Summary - The company achieved significant revenue and profit growth in the first half of 2025, particularly in the wire and cable and ultra-high voltage engineering cable sectors [6] - However, challenges remain regarding cash flow and accounts receivable management, necessitating improved financial management for sustainable development [6]

Core Viewpoint - Henan Tong-Da Cable Co., Ltd. reported a significant increase in revenue and net profit for the first half of 2025, driven by strong demand in its core business segments, particularly in high-voltage cable production and aerospace component processing. Company Overview and Financial Indicators - The company’s stock code is 002560, and it is listed on the Shenzhen Stock Exchange [2] - The total assets at the end of the reporting period were approximately 5.01 billion yuan, a decrease of 1% from the previous year [2] - The net profit attributable to shareholders was approximately 60.45 million yuan, representing an increase of 89.08% year-on-year [2] Business Performance - The company achieved an operating revenue of approximately 3.62 billion yuan, a year-on-year increase of 37.28% [2][3] - The cable business revenue grew by 35.49%, while the aerospace component processing business saw a growth of 43.51% [3] - New orders for the cable business increased by 80.17%, with significant growth in orders from state-owned enterprises and overseas markets [3][4] Main Business Segments - The primary business segments include the production and sale of cables, precision machining of aircraft components, and aluminum composite materials [3][4] - The cable products are categorized into four main types: high-voltage cables, power cables, new energy cables, and high-end application cables [3][4] - The company has established itself as a leading supplier in the ultra-high voltage cable market in China [3][4] Competitive Advantages - The company emphasizes technological research and innovation, maintaining a strong focus on quality control and production management [8][9] - The introduction of advanced production lines has improved efficiency and reduced costs, particularly in the aerospace component processing segment [8][10] - The company has a stable management team with extensive industry experience, contributing to its strategic planning and operational effectiveness [8][9] Financial Performance Analysis - The operating costs increased by 38.62% due to higher sales volume, while the gross profit margin slightly decreased [15][16] - Research and development expenses rose by 25.37%, reflecting the company's commitment to innovation [15] - The net cash flow from operating activities was negative, primarily due to increased procurement expenditures [15] Market Position and Client Base - The company serves major clients such as the State Grid, Southern Power Grid, and China Railway, establishing a strong brand reputation in the industry [11][12] - The products are widely used in significant national projects, including high-speed rail and renewable energy initiatives [14][15]

证券代码：002560 证券简称：通达股份 公告编号：2025-053 河南通达电缆股份有限公司 第六届监事会第八次会议决议公告 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。 《 2025 年 半 年 度 报 告 》 《 2025 年 半 年 度 报 告 摘 要 》 详 见 巨 潮 资 讯 网 (www.cninfo.com.cn)等。 年半年度募集资金存放与使用情况的专项报告>的议案》。 经审核，监事会认为：公司已按相关法律法规及时、真实、准确、完整的披 露了募集资金的存放与使用情况。公司对募集资金进行了专户储存和专项使用， 不存在变相改变募集资金用途和损害股东利益的情况，不存在违规使用募集资金 的情形。 《2025年半年度募集资金存放与使用情况的专项报告》详见巨潮资讯网 (www.cninfo.com.cn)等。 一、监事会会议召开情况 河南通达电缆股份有限公司（以下简称"公司"）第六届监事会第八次会议 于 2025 年 7 月 14 日以电子邮件、微信等方式发出通知，并于 2025 年 7 月 24 日在监事会办公室以现场表决方式召开。本次会议应出席监 ...

上市公司 2025 半年度非经营性资金占用及其他关联资金往来情况汇总表 编制单位：河南通达电缆股份有限公司 单位：人民币万元 | | | | | | 2025 年度占 | 2025 年度 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 资金占用方名 | 占用方与上市 公司的关联关 | 上市公司 | 2025 年期 初占用资 | 用累计发生 金额 | 占用资金 | 2025 年度偿 还累计发生 | 2025 年期 末占用资金 | 占用形成 | | | 非经营性资金占用 | 称 | | 核算的会计科目 | | | 的利息 | | | 原因 | 占用性质 | | | | 系 | | 金余额 | （不含利 | （如有） | 金额 | 余额 | | | | | | | | | 息） | | | | | | | 控股股东、实际控制人 | | | | | | | | | | | | 及其附属企业 | | | | | | | | | | | | 前控股股东、实际控制 | | | | | | | | | | | ...

河南通达电缆股份有限公司 2025 年半年度财务报告 河南通达电缆股份有限公司 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：河南通达电缆股份有限公司 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 697,499,371.33 | 1,185,562,367.34 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | | | | 衍生金融资产 | 4,627,682.57 | | | 应收票据 | 29,422,267.44 | 37,188,235.20 | | 应收账款 | 1,937,906,530.06 | 1,871,907,191.17 | | 应收款项融资 | 19,781,446.32 | 22,073,471.34 | | 预付款项 | 70,943,622.05 | 10,765,309.94 | | 应收保费 | | | | 应收分保账款 ...

河南通达电缆股份有限公司 募集资金存放与使用情况的专项报告 河南通达电缆股份有限公司关于 2025 年半年度 募集资金存放与使用情况的专项报告 一、募集资金基本情况 经中国证券监督管理委员会证监许可[2020]1626 号核准，本公司委托主承销商国泰海通证 券股份有限公司(以下简称"国泰海通")非公开发行人民币普通股（A 股）不超过 133,156,830 股（每股面值 1 元），实际发行 74,906,367 股，发行价格为每股 8.01 元，共募集资金人民币 599,999,999.67 元。扣除承销、保荐等费用 10,288,111.86 元后，实际募集资金净额为人民 币 589,711,887.81 元。上述募集资金已经大信会计师事务所（特殊普通合伙）验证，并由其 出具大信验字[2020]第 4-00033 号《验资报告》。 2025 年上半年度，公司已使用募集资金 6,557,322.40 元（其中含募集资金专户累计产生的 利息及理财收益、扣减手续费净额等）。截至 2025 年 6 月 30 日，公司累计已使用募集资金投 入项目 464,952,039.73 元（其中含募集资金专户累计产生的利息及理 ...

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。 一、监事会会议召开情况 河南通达电缆股份有限公司（以下简称"公司"）第六届监事会第八次会议 于 2025 年 7 月 14 日以电子邮件、微信等方式发出通知，并于 2025 年 7 月 24 日在监事会办公室以现场表决方式召开。本次会议应出席监事 3 人，实到监事 3 人。会议由监事会主席蔡晓贤女士主持。本次会议的召集、召开和表决程序符合 《公司法》和《公司章程》的有关规定。 二、监事会会议审议情况 经与会监事审议，会议形成如下决议: 1、经审议，会议以3票同意、0票反对、0票弃权的结果，通过了《关于<2025 年半年度报告及其摘要>的议案》。 证券代码：002560 证券简称：通达股份 公告编号：2025-053 河南通达电缆股份有限公司 第六届监事会第八次会议决议公告 经审核，监事会认为：公司已按相关法律法规及时、真实、准确、完整的披 露了募集资金的存放与使用情况。公司对募集资金进行了专户储存和专项使用， 不存在变相改变募集资金用途和损害股东利益的情况，不存在违规使用募集资金 的情形。 《2025年半年度募集 ...

证券代码：002560 证券简称：通达股份 公告编号：2025-052 河南通达电缆股份有限公司 第六届董事会第八次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 河南通达电缆股份有限公司（以下简称"公司"）第六届董事会第八次会议 于 2025 年 7 月 14 日以电子邮件、微信等方式发出通知，并于 2025 年 7 月 24 日在公司董事会办公室以现场结合通讯表决方式召开。本次会议应出席董事 7 人，实到董事 7 人。会议由董事长马红菊女士主持，公司监事和高级管理人员列 席本次会议。本次会议的召集、召开和表决程序符合《公司法》《公司章程》等 有关规定的要求。 二、董事会会议审议情况 1、经审议，会议以 7 票同意，0 票反对，0 票弃权的结果，通过了《关于<2025 年半年度报告及其摘要>的议案》。 经审核，全体董事认为公司 2025 年半年度报告的内容和格式符合中国证监 会和深圳证券交易所的有关规定，报告内容公允地反映了公司的经营状况和经营 成果，报告所披露的信息真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗 ...

河南通达电缆股份有限公司 2025 年半年度报告全文 河 南 通 达 电 缆 股 份 有 限 公 司 HENAN TONG-DA CABLE CO., LTD. 2025年半年度报告 证券代码：002560 披露日期：二〇二五年七月 1 河南通达电缆股份有限公司 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。 公司负责人马红菊、主管会计工作负责人闫文鸽及会计机构负责人(会计 主管人员)焦启豪声明：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。 证券简称：通达股份 本年度报告涉及未来计划等前瞻性描述，不构成公司对投资者的实质承 诺，请投资者注意投资风险。 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"，详细描述了公司经营中可能存在的风险及应对措施，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 | ...