Core Insights - Rapoo Technology (002577.SZ) released its semi-annual report for 2025 on August 2, 2025, indicating significant institutional investment in the company [1] Institutional Holdings - As of August 1, 2025, three institutional investors disclosed holdings in Rapoo Technology A-shares, totaling 165 million shares, which represents 58.59% of the company's total equity [1] - The institutional investors include Hotkey Electronics (Hong Kong) Limited, J.P. Morgan Securities PLC - proprietary funds, and Hong Kong Central Clearing Limited [1] - Compared to the previous quarter, the total institutional holding percentage increased by 0.70 percentage points [1] Foreign Investment - In terms of foreign investment, two new foreign institutions disclosed their holdings this period, including J.P. Morgan Securities PLC - proprietary funds and Hong Kong Central Clearing Limited [1]

Core Viewpoint - The company reported a decline in revenue and net profit for the first half of 2025, attributing the decrease to various factors including lower sales in Europe, increased foreign exchange losses, and higher marketing expenditures [6][3]. Financial Performance - The company achieved operating revenue of 208.34 million yuan, a year-on-year decrease of 5.13% [6]. - The net profit attributable to shareholders was 15.30 million yuan, down 28.56% year-on-year [6]. - The increase in cash outflow for purchasing goods and services was due to changes in settlement methods with suppliers [3]. Business Overview - The company upgraded its "V+2.0" and "C+2.0" applications in the VT second-generation mouse series, focusing on product innovation and market expansion [6]. - The new brand "aesco" aims to provide innovative technology and exceptional user experiences [6]. - The company remains optimistic about the future of the consumer electronics industry and is strategically preparing for future business developments [6]. Product Development - The company continues to enhance its wireless technology, launching new gaming peripherals that address key pain points such as latency and connectivity [7]. - The introduction of the "V+IoT" smart management system targets operational challenges faced by commercial clients in the esports sector [8]. Marketing and Sales Strategy - The company is expanding its overseas online sales channels and increasing marketing investments on platforms like Douyin to enhance brand visibility [8]. - Efforts are being made to optimize online channel structures and improve brand communication effectiveness [8]. Share Buyback Plans - The company approved a share buyback plan for 2024, with a total amount not less than 10 million yuan and not exceeding 15 million yuan, at a maximum price of 20.50 yuan per share [10]. - As of April 23, 2025, the company completed the cancellation of 1,123,200 shares bought back, representing 0.3971% of the total share capital [11]. Impairment Losses - The company reported a total of 4.758 million yuan in credit impairment and asset impairment losses for the first half of 2025 [15]. - Specific losses included 421,900 yuan in bad debt write-offs and 1.5224 million yuan in inventory impairment reversals [16]. Audit Committee Opinion - The audit committee supports the company's decision to recognize impairment losses, stating it aligns with accounting standards and accurately reflects the company's financial condition [21].

Core Views - Shenzhen Rapoo Technology Co., Ltd. reported a decline in revenue and net profit for the first half of 2025, attributed to decreased sales in the European market, increased foreign exchange losses, and higher marketing expenses [2][16]. Company Overview and Financial Indicators - The company achieved operating revenue of approximately 208.34 million yuan, a decrease of 5.13% compared to the previous year [2][16]. - Net profit attributable to shareholders was approximately 15.30 million yuan, down 28.56% year-on-year [2][16]. - The company plans not to distribute cash dividends or issue bonus shares [1]. Business Operations - The company focuses on the global operation of self-developed consumer electronics, particularly in the computer peripheral sector, while also expanding into smart audio and educational conference products [2][16]. - The product matrix includes gaming peripherals, business office equipment, and personal productivity tools, with sales reaching over 60 countries [2][16]. Market Trends - The global gaming market is expected to grow by approximately 2% in 2024, reaching a revenue of about 187.7 billion USD, with a stable increase in the number of players [5]. - The demand for personal computers and related devices is anticipated to rise due to the diversification of office scenarios, including remote and hybrid work [6][10]. - The mobile device market is stabilizing, with ongoing 5G migration enhancing connectivity and expanding the functionality of devices [7][10]. Product Development - The company has launched new gaming products under the V series, featuring advanced technologies such as wireless charging and enhanced user experience [2][16]. - The V+IoT smart management system addresses operational challenges in offline esports venues, providing a comprehensive solution for managing wireless devices [4][17]. Sales and Marketing Strategy - The company employs a multi-channel sales strategy, integrating online and offline marketing to enhance brand visibility and reach [8][10]. - Increased investment in online marketing, particularly on platforms like Douyin, aims to improve brand awareness and customer engagement [17]. Financial Performance Analysis - The company's total assets at the end of the reporting period were approximately 1.34 billion yuan, showing a slight decrease of 0.07% from the previous year [2]. - The net asset attributable to shareholders increased by 1.04% to approximately 1.19 billion yuan [2].

Core Viewpoint - Shenzhen Rapoo Technology Co., Ltd. reported a decline in revenue and net profit for the first half of 2025, attributed to decreased sales in the European market, increased foreign exchange losses, and higher marketing expenditures [1][5][6]. Financial Performance - The company's operating revenue for the reporting period was approximately 208.34 million yuan, a decrease of 5.13% compared to the same period last year [1][5]. - The net profit attributable to shareholders was approximately 15.30 million yuan, down 28.56% year-on-year [1][5]. - The net profit after deducting non-recurring gains and losses was approximately 5.97 million yuan, a significant drop of 58.92% [1][5]. - The net cash flow from operating activities was negative at approximately -4.96 million yuan, a decline of 116.14% compared to the previous year [1][5]. - Basic earnings per share were 0.0543 yuan, down 28.27% from the previous year [2][5]. Company Overview - The company continues to focus on the consumer electronics industry, emphasizing a long-term growth strategy while maintaining short-term operational stability [4][6]. - The company has upgraded its product lines, including the "V+2.0" and "C+2.0" applications for its second-generation VT series mice, enhancing its competitive edge in the market [4][6]. Product Development and Market Strategy - The company is committed to wireless technology, launching new gaming peripherals and addressing key pain points such as latency and connectivity issues [6][7]. - The introduction of the "V+IoT" smart management system aims to address operational challenges faced by commercial clients, particularly in esports venues [7][8]. - The company has increased its investment in online marketing and sales channels, particularly on platforms like Douyin, to enhance brand visibility and reach target audiences [7][8]. Share Buyback Plans - The company has initiated a share buyback plan with a total fund of no less than 10 million yuan and no more than 15 million yuan, with a maximum repurchase price of 20.50 yuan per share [8][9]. - As of April 23, 2025, the company completed the repurchase of 1,123,200 shares, accounting for 0.3971% of its total A-share capital [9][10].

公司全体董事及高级管理人员签署书面确认意见，保证公司《2025 年半年度 报告及摘要》所载资料不存在任何虚假记载、误导性陈述或者重大遗漏，并对其 内容的真实性、准确性和完整性负个别及连带责任。 《2025 年半年度报告》详见公司指定信息披露媒体巨潮资讯网（http://www.c ninfo.com.cn）；《2025 年半年度报告摘要》（公告编号：2025-042）详见公司指 定信息披露媒体《证券时报》《中国证券报》《上海证券报》《证券日报》和巨 潮资讯网（http://www.cninfo.com.cn）。 公司董事会审计委员会已审议通过了该议案中的财务信息部分。 用减值损失及资产减值损失的议案》。 证券代码：002577 证券简称：雷柏科技 公告编号：2025-041 深圳雷柏科技股份有限公司 第六届董事会第二次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整， 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 深圳雷柏科技股份有限公司(以下简称"公司")第六届董事会第二次会议于 会议通知以电话、电子邮件、直接送达的方式于 2025 年 7 月 22 日向各董事发出； ...

证券日报网讯 8月1日晚间，雷柏科技发布公告称，公司第六届董事会第二次会议审议通过了《2025年 半年度报告及摘要》《关于2025年半年度计提信用减值损失及资产减值损失的议案》。 （文章来源：证券日报） ...

智通财经APP讯，雷柏科技(002577.SZ)发布2025年半年度报告，该公司营业收入为2.08亿元，同比减少 5.13%。归属于上市公司股东的净利润为1530.05万元，同比减少28.56%。归属于上市公司股东的扣除非 经常性损益的净利润为597.16万元，同比减少58.92%。基本每股收益为0.0543元。 ...

Group 1 - The core viewpoint of the article is that Rapoo Technology (002577.SZ) reported a decline in both revenue and net profit for the first half of 2025 compared to the previous year [1] Group 2 - The company's operating revenue for the first half of 2025 was 208 million yuan, representing a year-on-year decrease of 5.13% [1] - The net profit attributable to shareholders of the listed company was 15.3005 million yuan, down 28.56% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 5.9716 million yuan, a significant decrease of 58.92% year-on-year [1] - The basic earnings per share were 0.0543 yuan [1]

格隆汇8月1日丨雷柏科技(002577.SZ)公布半年度报告，报告期内，公司实现营业收入20,833.50万元,同 比下降5.13%；实现归属于上市公司股东净利润1,530.05万元,同比下降28.56%；主要为，①报告期内欧 洲市场销售收入有所下滑；②受汇率波动影响，汇兑损失导致财务费用同比上期增幅较大；③报告期 内，公司加大线上渠道拓展及营销投入，销售费用有所增长。 ...

深圳雷柏科技股份有限公司 2025 年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：深圳雷柏科技股份有限公司 单位：万元 | 非经营性资金占用 | 资金占用方名 | 占用方与上市公司的 | 上市公司核算的 | 2025年初占用资 | 2025年半年度占 用累计发生金额 | 2025年半年度占用资 | 2025年半年度偿 | 2025年半年度末 | 占用形成原 | 占用性质 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 称 | 关联关系 | 会计科目 | 金余额 | (不含利息) | 金的利息(如有) | 还累计发生金额 | 占用资金余额 | 因 | | | 控股股东、实际控制人及其附 | | | | | | | | - | | 非经营性占用 | | 属企业 | | | | | | | | - | | 非经营性占用 | | | | | | | | | | - | | 非经营性占用 | | 小计 | — | — | — | - | - | - | - | - | | | | 前控股股东、实际控制人 ...