比如8月27日，卡游的供应商之一"京华激光"发布2025半年报，显示其 文创业务的上半年营收同比增长61.98%，主要原因是国产电影《哪吒之魔童闹海》 上映后，相关的卡牌产品迅速风靡社会群体，并在短期内迅速放量。 京华激光的总部位于浙江绍兴，主要产品为激光全息防伪膜、激光全息防伪纸，此前主要业务是为烟草品牌提供包装产品，目前也为卡游的哪吒、小马宝 莉、叶罗丽、奥特曼、名侦探柯南等IP的卡牌提供深加工服务。 京华激光的激光防伪贴膜等产品 姚记科技8月26日披露旗下球星卡公司"卡淘 "（ 上海璐道粗体育文化发展有限公司 ） 2025上半年概况，其营收约1.05亿元，同比增长33%；净利润约1200 万元，同比增长39%。2024下半年卡淘陷入亏损，今年上半年恢复盈利。 上周，文创潮发布了日本五大企业在TCG方面的2025上半年经营情况（万代、多美、Bushiroad、Konami、宝可梦）。 这些厂商，卡牌业绩普遍超过去年同期，比如万代海贼王OPCG发售了10款卡包卡组、多美与彩虹社虚拟主播IP合作的卡牌持续热销、Bushiroad TCG事业 销售额同比增长34.42%，等等。 在中国，最近也有不少正向数据披露 ...

Market Performance - Global markets continued to rise last week, with MSCI Global up by 1.5%, MSCI Developed up by 1.5%, and MSCI Emerging up by 1.3%[3] - The US stock market's earnings expectations for 2025 were revised upward, with the S&P 500 EPS forecast increased from 268 to 269[4] Economic Expectations - Global economic expectations were adjusted upward, with the Citigroup Economic Surprise Index for the US rising due to dovish signals from the Fed[4] - The issuance of new special bonds by local governments reached 2392.7 billion CNY, a year-on-year increase of 76.7%[19] Industry Insights - In the home appliance sector, TCL Electronics reported a total revenue of 54.777 billion HKD for H1 2025, a year-on-year increase of 20.4%[15] - The gaming industry saw a record high of 166 domestic game approvals in August, with a total of 1050 approvals in the first eight months of 2025, significantly higher than the previous year's 850[31] Investment Recommendations - In the home appliance sector, recommended stocks include Stone Technology and Ecovacs for their strong performance and growth potential[14] - For the construction industry, low valuation high-dividend companies such as China State Construction and China Railway Construction are recommended due to their expected benefits from PPP policy catalysts[39]

Group 1 - Yaoji Technology (002605.SZ) reported its semi-annual results for 2025, with 21 institutional investors holding a total of 36.44 million A-shares, accounting for 8.73% of the total share capital [1] - The top ten institutional investors collectively hold 8.46% of the shares, with an increase of 0.60 percentage points compared to the previous quarter [1] - The report indicates a growing interest from institutional investors in Yaoji Technology, reflecting a positive trend in institutional ownership [1] Group 2 - In the public fund sector, three funds increased their holdings, representing a 0.23% increase, while four funds decreased their holdings, accounting for a 0.21% decrease [2] - Seven new public funds disclosed their holdings in Yaoji Technology, indicating a diversification of investment interest [2] - One new social security fund, the National Social Security Fund 602 Combination, disclosed its holdings in Yaoji Technology [2] Group 3 - From the foreign investment perspective, one foreign institution, Hong Kong Central Clearing Limited, was not disclosed in the current period [3]

Growth - Shudao Equipment reported a net profit of 10.15 million yuan in the first half of the year, a year-on-year increase of 5972.30% [1] - Aerospace Science and Technology achieved a net profit of 88.97 million yuan, up 2161.91% year-on-year [1] - Tianbao Infrastructure's net profit reached 118 million yuan, growing by 2106.58% year-on-year [1] - Northern Rare Earth reported a net profit of 931 million yuan, an increase of 1951.52% year-on-year [1] - Liugang Co., Ltd. posted a net profit of 36.8 million yuan, up 579.54% year-on-year [1] - Cheng Tian Wei Ye's net profit was 10.88 million yuan, increasing by 562.05% year-on-year [1] - Perfect World reported a net profit of 503 million yuan, a year-on-year increase of 384.52% [1] - Shenghong Technology achieved a net profit of 2.143 billion yuan, up 366.89% year-on-year [1] - Zhongke Magnetic Industry's net profit was 20.90 million yuan, increasing by 271.78% year-on-year [1] - Xinjiang Communications Construction reported a net profit of 255 million yuan, up 255.25% year-on-year [1] - Shennong Group achieved a net profit of 388 million yuan, a year-on-year increase of 212.65% [1] - Daikin Heavy Industries reported a net profit of 547 million yuan, up 214.32% year-on-year [1] - Fostar's net profit was 251 million yuan, increasing by 140.45% year-on-year [1] - Guohua Airlines achieved a net profit of 1.24 billion yuan, up 86.15% year-on-year [1] - China Electric Port reported a net profit of 181 million yuan, increasing by 64.98% year-on-year [1] - Ailisi's net profit was 1.051 billion yuan, up 60.22% year-on-year [1] - Zijin Mining reported a net profit of 23.292 billion yuan, a year-on-year increase of 54.41% [1] - Zhongke Chuangda achieved a net profit of 158 million yuan, up 51.84% year-on-year [1] - Sichuan Gold reported a net profit of 209 million yuan, increasing by 48.41% year-on-year [1] - Dongxing Securities achieved a net profit of 819 million yuan, up 42.12% year-on-year [1] - Fosun Pharma reported a net profit of 1.702 billion yuan, a year-on-year increase of 38.96% [1] - Kotec Power's net profit was 23.99 million yuan, increasing by 35.52% year-on-year [1] - Dongshan Precision reported a net profit of 758 million yuan, up 35.21% year-on-year [1] - Inspur Information achieved a net profit of 799 million yuan, a year-on-year increase of 34.87% [1] - Shenzhen Huaqiang reported a net profit of 236 million yuan, increasing by 33.45% year-on-year [1] - Conch Cement achieved a net profit of 4.368 billion yuan, up 31.34% year-on-year [1] - Jiuzhoutong reported a net profit of 1.446 billion yuan, increasing by 19.7% year-on-year [1] - Aofei Data achieved a net profit of 87.89 million yuan, a year-on-year increase of 16.09% [2] Decline and Loss - Huachang Chemical reported a net profit of 1.09 million yuan, a year-on-year decrease of 97.58% [2] - Meibang Apparel achieved a net profit of 993,030 yuan, down 87.07% year-on-year [2] - Toukeng Life reported a net profit of 275,930 yuan, a decrease of 58.41% year-on-year [2] - BlueFocus reported a net profit of 96.44 million yuan, down 47.33% year-on-year [2] - China Gold achieved a net profit of 31.9 million yuan, a decrease of 46.35% year-on-year [2] - Huaxi Biological reported a net profit of 22.1 million yuan, down 35.38% year-on-year [2] - Zhejiang New Energy achieved a net profit of 29.2 million yuan, down 34.65% year-on-year [2] - Hainan Mining reported a net profit of 28.1 million yuan, a decrease of 30.36% year-on-year [2] - Changying Precision achieved a net profit of 30.6 million yuan, down 29.37% year-on-year [2] - China Duty Free reported a net profit of 2.6 billion yuan, down 20.81% year-on-year [2] - Jiangling Motors achieved a net profit of 73.3 million yuan, down 18.17% year-on-year [2] - Donghua Software reported a net profit of 24.4 million yuan, down 15.78% year-on-year [2] - Hengda New Materials achieved a net profit of 3.4235 million yuan, down 12.68% year-on-year [2] - Yaoji Technology reported a net profit of 25.6 million yuan, down 9.98% year-on-year [2] - Ping An Insurance achieved a net profit of 68.047 billion yuan, down 8.8% year-on-year [2] - China Petroleum reported a net profit of 840.07 billion yuan, down 5.4% year-on-year [2] - 360 reported a net loss of 28.2 million yuan [2] - Electric Wind Power reported a net loss of 27.9 million yuan [2] Losses - Suzhou Keda reported a net loss of 21.7 million yuan [3] - Yuntian Lifa achieved a net loss of 20.6 million yuan [3] - Kosen Technology reported a net loss of 10.5 million yuan [3] - Xinyada reported a net loss of 5.2635 million yuan [3] - Chengfei Integration achieved a net loss of 1.49208 million yuan [3] - China Film reported a net loss of 11 million yuan, turning from profit to loss year-on-year [3]

【2025 年 8 月】 1 上海姚记科技股份有限公司 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。 上海姚记科技股份有限公司 2025 年半年度财务报告 上海姚记科技股份有限公司 2025 年半年度财务报告 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：上海姚记科技股份有限公司 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 955,404,229.12 | 1,080,687,523.34 | | 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 | | | | 应收账款 | 422,340,536.15 | 467,135,148.63 | | 应收款项融资 | 460,000.00 | 16,829,347.82 | | 预付款项 | 90,782,668.80 | 63,098,874.61 | | 应收保费 | | | | 应收分保账款 | | | ...

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，上海姚记科技股份有限公司（以下简称"公司"） 就 2025 年半年度募集资金存放与使用情况作如下专项报告： | | | 债券代码：127104 债券简称：姚记转债 上海姚记科技股份有限公司 2025年半年度募集资金存放、管理与使用情况的公告 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、 募集资金基本情况 （一）向不特定对象发行可转换公司债券 经中国证券监督管理委员会"证监许可[2023]1120 号"《关于同意上海姚记 科技股份有限公司向不特定对象发行可转换公司债券注册的批复》的同意注册， 公司获准于 2024年1月25日向不特定对象发行5,831,273 张可转换公司债券（以 下简称"可转债"），每张面值 100 元，发行总额为人民币 58,312.73 万元，期 限 6 年。经深圳证券交易所（以下简称" ...

注：①表中非经营性占用部分，关联方范围依照《股票上市规则》确定。②无控股股东、实际控制人的公司，存在第一大股东或第一大股东关联人非经营性占用资金的，也应填写本表非经营性占用部分。 单位：万元 | 非经营性资金占用 | 资金占用方名称 | 占用方与上市公司的关 | 上市公司核算 | 2025 年期初 占用资金余 | 2025 年度 1 至 6 月 占用累计发生金额 | 2025 年度 月占用资金的利 | 1 至 6 2025 | 年度 1 至 6 月偿还累计发生 | 2025 年 6 月 末占用资金 | 占用形成原因 | 占用性质 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 联关系 | 的会计科目 | 额 | （不含利息） | 息(如有) | | 金额 | 余额 | | | | 控股股东、实际控制人及其附属企业 | | | | | | | | | | | 非经营性占用 | | | | | | | | | | | | | 非经营性占用 | | 小计 | | | | | | | | | | | | ...

| 证券代码：002605 | 证券简称：姚记科技 | 公告编号：2025-055 | | --- | --- | --- | | 债券代码：127104 | 债券简称：姚记转债 | | 上海姚记科技股份有限公司 经审核，监事会认为：《2025 年半年度募集资金存放、管理与使用情况的专 项报告》符合《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》等有关规定。报告期内，公司按照相关法律、法规、规范性文件的规定和 要求使用募集资金，并对募集资金使用情况及时、真实、准确、完整的进行了披 露，不存在募集资金存放、使用及管理违规的情形。 具体内容详见巨潮资讯网（www.cninfo.com.cn）及公司指定信息披露媒体《证 券时报》《中国证券报》《证券日报》同日披露的《2025 年半年度募集资金存放、 管理与使用情况的公告》。 三、备查文件 第六届监事会第二十一次会议决议公告 本公司及监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。 上海姚记科技股份有限公司（以下简称"公司"）第六 ...

| 证券代码：002605 | 证券简称：姚记科技 | 公告编号：2025-054 | | --- | --- | --- | | 债券代码：127104 | 债券简称：姚记转债 | | | | 上海姚记科技股份有限公司 | | 第六届董事会第二十三次会议决议公告 具体内容详见公司指定信息披露网站巨潮资讯网（www.cninfo.com.cn）以及 公司在指定信息披露媒体《证券时报》《中国证券报》《证券日报》同日披露的《2025 年半年度募集资金存放、管理与使用情况的公告》。 三、备查文件 1、公司第六届董事会第二十三次会议决议 特此公告。 上海姚记科技股份有限公司董事会 2025 年 8 月 26 日 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。 上海姚记科技股份有限公司（以下简称"公司"）第六届董事会第二十三次 会议于 2025 年 8 月 15 日以电话、电子邮件等方式发出通知，并于 2025 年 8 月 25 日以通讯表决方式召开。会议应到董事 7 名，实际出席会议的董事 7 名，部 分高级管理人员、监事列席。会议的召开和表决符合有关法律、行政法规 ...

格隆汇8月26日丨姚记科技(002605.SZ)公布2025年半年度报告，上半年公司实现营业收入14.38亿元，同 比下降24.64%；归属于上市公司股东的净利润2.56亿元，同比下降9.98%；归属于上市公司股东的扣除 非经常性损益的净利润2.54亿元，同比下降5.43%；基本每股收益0.6205元。 ...