Company Overview - Jin'an Guoji announced the convening of its sixth board meeting on August 29, 2025, in Shanghai, where the 2025 semi-annual report and its summary were reviewed [1] - As of the report, Jin'an Guoji has a market capitalization of 10.4 billion yuan [1] Revenue Composition - For the year 2024, Jin'an Guoji's revenue composition is as follows: - Electronic components manufacturing accounts for 92.63% - Manufacturing industry accounts for 2.74% - Medical device manufacturing accounts for 2.7% - Other businesses account for 1.93% [1]

金安国纪集团股份有限公司 2025 年半年度财务报告 金安国纪集团股份有限公司 2025 年半年度财务报告 本报告期财务报告未经审计 2025 年 08 月 1 金安国纪集团股份有限公司 2025 年半年度财务报告 2 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：金安国纪集团股份有限公司 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 656,026,697.69 | 669,084,457.59 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | 231,339,016.15 | 245,687,253.52 | | 衍生金融资产 | | | | 应收票据 | | 6,681,248.95 | | 应收账款 | 840,506,106.36 | 856,710,900.67 | | 应收款项融资 | 842,776,431.56 | 813,702,334.39 | | 预付款项 | ...

| 非经营性资金 | | 占用方与上 | 上市公司核 | 年期 2025 | 2025 年半年度 占用累计发生 | 2025 年半 年度占用资 | 年半 2025 | 年 月 2025 6 | 占用形 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 占用 | 资金占用方名称 | 市公司的关 联关系 | 算的会计科 目 | 初占用资 金余额 | 金额 | 金的利息 | 年度偿还累 计发生金额 | 30 日占用 资金余额 | 成原因 | 占用性质 | | | | | | | （不含利息） | (如有) | | | | | | 控股股东、实 | | | | | | | | | | | | 际控制人及其 | | | | | | | | | | | | 附属企业 | | | | | | | | | | | | 小计 | | | | | | | | | | | | 前控股股东、 | | | | | | | | | | | | 实际控制人及 | | | | | | | | | | | | 其附属企业 | | | | | | ...

金安国纪集团股份有限公司 第六届监事会第六次会议决议公告 证券代码：002636 证券简称：金安国纪 公告编号：2025-061 金 安 国 纪 集 团 股 份 有 限 公 司 第六届监事会第六次会议决议公告 一、监事会会议召开情况 金安国纪集团股份有限公司（以下简称"公司"）第六届监事会第六次会议 通知于 2025 年 8 月 19 日发出，2025 年 8 月 29 日在上海以现场结合通讯表决的 形式召开。应出席监事三名，实出席监事三名，会议由监事会主席帅新苗女士主 持。本次会议的召集、召开符合《公司法》和《公司章程》的规定。 本公司及监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。 三、备查文件 《金安国纪集团股份有限公司第六届监事会第六次会议决议》 特此公告。 金安国纪集团股份有限公司 监事会 二〇二五年八月三十日 1 二、监事会会议审议情况 与会监事经过认真审议，通过了以下议案： 议案一：《2025 年半年度报告及其摘要》 表决结果：赞成票 3 票，反对票 0 票，弃权票 0 票。 详细内容请参见巨潮资讯网（http://www.cninfo.com.cn）。 ...

金安国纪集团股份有限公司 第六届董事会第十次会议决议公告 证券代码：002636 证券简称：金安国纪 公告编号：2025-060 金 安 国 纪 集 团 股 份 有 限 公 司 第六届董事会第十次会议决议公告 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 金安国纪集团股份有限公司（以下简称"公司"）第六届董事会第十次会议 通知于2025年8月19日发出，2025年8月29日在上海以现场结合通讯表决的形式召 开。应参加董事九名，实参加董事九名，会议由董事长韩涛先生主持。本次会议 的召集、召开符合《公司法》和《公司章程》的规定。 二、董事会会议审议情况 与会董事经过认真审议，通过了以下议案： 议案一：《2025 年半年度报告及其摘要》 表决结果：赞成票 9 票，反对票 0 票，弃权票 0 票。 1 详细内容请参见巨潮资讯网（http://www.cninfo.com.cn）。 三、备查文件 《金安国纪集团股份有限公司第六届董事会第十次会议决议》 特此公告。 金安国纪集团股份有限公司 董事会 二〇二五年八月三十日 ...

Core Viewpoint - Jin'an Guoji (002636.SZ) reported a slight increase in revenue and net profit for the first half of 2025, indicating stable performance amidst market conditions [1] Financial Performance - The company achieved operating revenue of 2.05 billion yuan, representing a year-on-year growth of 3.97% [1] - The net profit attributable to shareholders was 70.48 million yuan, showing a year-on-year increase of 0.76% [1] - The net profit excluding non-recurring gains and losses was 73.00 million yuan, reflecting a significant year-on-year growth of 5,728.58% [1] - Basic earnings per share stood at 0.10 yuan [1]

Important Notice, Table of Contents, and Definitions [Important Notice](index=2&type=section&id=%E9%87%8D%E8%A6%81%E6%8F%90%E7%A4%BA) The board, supervisory board, and senior management guarantee the report's accuracy, completeness, and truthfulness, while forward-looking statements are not substantive commitments - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report content[4](index=4&type=chunk) - Forward-looking statements regarding future plans in the report do not constitute substantive commitments to investors, who should remain aware of risks[5](index=5&type=chunk) - The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital for this half-year period[6](index=6&type=chunk) [Table of Contents](index=3&type=section&id=%E7%9B%AE%E5%BD%95) This section lists the main chapters of the semi-annual report, including important notices, company profile, management discussion and analysis, and other submitted data - The main chapters of the report include Important Notice, Company Profile and Key Financial Indicators, Management Discussion and Analysis, and Other Submitted Data[9](index=9&type=chunk) [List of Reference Documents](index=4&type=section&id=%E5%A4%87%E6%9F%A5%E6%96%87%E4%BB%B6%E7%9B%AE%E5%BD%95) This section lists documents available for inspection, including the full report signed by the chairman, financial statements, and original announcements - Reference documents include the full semi-annual report and its summary, signed and sealed by the chairman[11](index=11&type=chunk) - Reference documents include financial statements signed and sealed by the legal representative, chief financial officer, and head of the accounting department[11](index=11&type=chunk) - Reference documents include originals of all company filings and announcements publicly disclosed on media designated by the China Securities Regulatory Commission during the reporting period[11](index=11&type=chunk) [Definitions](index=5&type=section&id=%E9%87%8A%E4%B9%89) This section defines key terms and entities used in the report, such as company names, controlling shareholders, major subsidiaries, and the reporting period - "Company/This Company/Jin'an Guoji" refers to Jin'an Guoji Group Co, Ltd[13](index=13&type=chunk) - "Donglin Investment/Controlling Shareholder" refers to Shanghai Donglin Investment Development Co, Ltd[13](index=13&type=chunk) - "Reporting Period" refers to January 1, 2025, to June 30, 2025[13](index=13&type=chunk) Company Profile and Key Financial Indicators [Company Profile](index=6&type=section&id=%E5%85%AC%E5%8F%B8%E7%AE%80%E4%BB%8B) This section provides the company's basic information, including stock abbreviation, code, listing exchange, legal representative, and contact details for the board secretary Company Basic Information | Indicator | Content | | :--- | :--- | | Stock Abbreviation | Jin'an Guoji | | Stock Code | 002636 | | Listing Exchange | Shenzhen Stock Exchange | | Chinese Name | Jin'an Guoji Group Co, Ltd | | Legal Representative | Han Tao | - The company's contact information and locations for information disclosure and placement remained unchanged during the reporting period, as detailed in the 2024 annual report[17](index=17&type=chunk)[18](index=18&type=chunk) [Key Accounting Data and Financial Indicators](index=6&type=section&id=%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) During the reporting period, revenue increased by 3.97%, net profit attributable to shareholders grew by 0.76%, and non-recurring net profit surged by 5728.58%, while operating cash flow turned negative Key Accounting Data and Financial Indicators (Current Reporting Period vs. Prior Year Period) | Indicator | Current Reporting Period (RMB) | Prior Year Period (RMB) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 2,050,466,793.65 | 1,972,199,872.02 | 3.97% | | Net Profit Attributable to Listed Company Shareholders | 70,480,774.78 | 69,950,302.69 | 0.76% | | Net Profit Attributable to Listed Company Shareholders After Deducting Non-Recurring Gains and Losses | 73,001,597.46 | 1,252,477.35 | 5,728.58% | | Net Cash Flow from Operating Activities | -45,829,627.32 | 10,093,794.87 | -554.04% | | Basic Earnings Per Share (RMB/share) | 0.10 | 0.10 | 0.00% | | Diluted Earnings Per Share (RMB/share) | 0.10 | 0.10 | 0.00% | | Weighted Average Return on Net Assets | 2.09% | 2.06% | 0.03% | Key Accounting Data and Financial Indicators (End of Current Reporting Period vs. End of Prior Year) | Indicator | End of Current Reporting Period (RMB) | End of Prior Year (RMB) | Change | | :--- | :--- | :--- | :--- | | Total Assets | 6,085,098,952.77 | 6,363,644,762.47 | -4.38% | | Net Assets Attributable to Listed Company Shareholders | 3,382,418,035.54 | 3,375,591,000.60 | 0.20% | - The company's financial reports for the reporting period show no differences in net profit and net assets when disclosed under international or foreign accounting standards compared to Chinese accounting standards[21](index=21&type=chunk)[22](index=22&type=chunk) [Non-Recurring Gains and Losses Items and Amounts](index=7&type=section&id=%E9%9D%9E%E7%BB%8F%E5%B8%B8%E6%80%A7%E6%8D%9F%E7%9B%8A%E9%A1%B9%E7%9B%AE%E5%8F%8A%E9%87%91%E9%A2%9D) Total non-recurring gains and losses for the period were -2.52 million RMB, primarily due to post-balance sheet events involving performance compensation and subsidiary equity transfer Non-Recurring Gains and Losses Items and Amounts | Item | Amount (RMB) | Explanation | | :--- | :--- | :--- | | Gains or losses from disposal of non-current assets | -130,791.48 | | | Government grants recognized in profit or loss for the current period | 4,492,446.41 | | | Gains or losses from changes in fair value and disposal of financial assets and liabilities | -3,094,484.28 | | | Other non-operating income and expenses | 71,338,370.50 | Primarily due to performance compensation received from subsequent events in the current period | | Other | -73,867,785.48 | Primarily due to the transfer of subsidiary equity from subsequent events in the current period | | Less: Income tax impact | 295,774.52 | | | Minority interest impact (after tax) | 962,803.83 | | | Total | -2,520,822.68 | | - The company has no other profit and loss items that meet the definition of non-recurring gains and losses, nor does it classify non-recurring items as recurring gains and losses[25](index=25&type=chunk) Management Discussion and Analysis [Principal Businesses Engaged in During the Reporting Period](index=9&type=section&id=%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%85%AC%E5%8F%B8%E4%BB%8E%E4%BA%8B%E7%9A%84%E4%B8%BB%E8%A6%81%E4%B8%9A%E5%8A%A1) The company primarily engages in R&D, production, and sales of copper-clad laminates, while also developing its medical health and electronic glass fiber cloth businesses [Industry Development Overview](index=9&type=section&id=%E5%85%AC%E5%8F%B8%E6%89%80%E5%B1%9E%E8%A1%8C%E4%B8%9A%E5%8F%91%E5%B1%95%E6%83%85%E5%86%B5) In the first half, the electronics industry saw robust growth in emerging applications, strong demand for high-end copper-clad laminates, and a slight price recovery in traditional consumer electronics - Emerging application areas in the electronics industry are flourishing, with strong demand for high-end copper-clad laminates[27](index=27&type=chunk) - The traditional consumer electronics market has shown signs of recovery, with copper-clad laminate prices generally rising slightly and a positive trend[27](index=27&type=chunk) - Market demand has not yet returned to normal levels, and companies continue to face intense market competition[27](index=27&type=chunk) [Principal Businesses](index=9&type=section&id=%E4%B8%BB%E8%A6%81%E4%B8%9A%E5%8A%A1) The company's core business is the R&D, production, and sales of copper-clad laminates for the electronics industry, with products widely used across various sectors and a growing focus on electronic-grade glass fiber cloth - The company's principal business is the research, development, production, and sales of copper-clad laminates, a fundamental material for the electronics industry[27](index=27&type=chunk) - Key products include general FR-5, FR-4, CEM-3 series copper-clad laminates, aluminum-based copper-clad laminates, prepregs, and halogen-free, high-flame-retardant series copper-clad laminates with special performance requirements[27](index=27&type=chunk) - Products are widely used in home appliances, computers, lighting, automotive, and communication industries, demonstrating strong industrial stability[27](index=27&type=chunk) [Business Model](index=9&type=section&id=%E7%BB%8F%E8%90%A5%E6%A8%A1%E5%BC%8F) The company employs a dual-brand strategy, using "Guoji" for the general market and "Jin'an" for high-performance, customized products, while maintaining multiple quality certifications and robust supply chain management - The company operates through a dual-brand strategy: 'Guoji' brand targets the general market, while the 'Jin'an' brand offers high-performance products for niche markets[27](index=27&type=chunk) - The company has obtained ISO9001, ISO14001, IATF16949, US UL, China CQC, and other quality management system certifications[28](index=28&type=chunk) - The company continuously strengthens supply chain management, focusing on raw material information collection and price trend analysis to ensure secure supply, reasonable prices, and excellent quality of materials[28](index=28&type=chunk) [Discussion and Analysis of Operations](index=9&type=section&id=%E7%BB%8F%E8%90%A5%E6%83%85%E5%86%B5%E8%AE%A8%E8%AE%BA%E4%B8%8E%E5%88%86%E6%9E%90) During the reporting period, revenue increased by 3.97% to 2.05 billion RMB, net profit attributable to shareholders grew by 0.76% to 70.48 million RMB, and non-recurring net profit surged by 5728.58%, driven by strong copper-clad laminate sales Operating Performance During the Reporting Period | Indicator | Amount (100 million RMB) | Year-on-Year Growth | | :--- | :--- | :--- | | Operating Revenue | 20.50 | 3.97% | | Net Profit Attributable to Listed Company Shareholders | 0.7048 | 0.76% | | Net Profit Attributable to Listed Company Shareholders After Deducting Non-Recurring Gains and Losses | 0.7300 | 5728.58% | - The copper-clad laminate segment produced **27.9705 million sheets** (an 8.07% year-on-year increase), sold **27.4088 million sheets** (a 5.35% year-on-year increase), and achieved operating revenue of **1.865 billion RMB** (a 6.81% year-on-year increase)[30](index=30&type=chunk) - The medical health segment's revenue was **75.7051 million RMB**, a **13.91% decrease** from the prior year, primarily due to a downturn in the traditional Chinese medicine market, intense industry competition, and fluctuations in medical device import/export tariffs[30](index=30&type=chunk) [Core Competitiveness Analysis](index=10&type=section&id=%E6%A0%B8%E5%BF%83%E7%AB%9E%E4%BA%89%E5%8A%9B%E5%88%86%E6%9E%90) The company's core competitiveness stems from its dual-brand strategy, extensive market coverage, large-scale industrial chain, strong R&D capabilities with numerous patents, and integrated group management model - The company utilizes a "Guoji" and "Jin'an" dual-brand strategy to achieve diversified products and multi-domain market coverage, establishing a broad customer base[31](index=31&type=chunk) - The company operates multiple production bases for copper-clad laminates and some raw materials in Shanghai, Hangzhou, Zhuhai, Ningguo (Anhui), among other locations, ranking among the industry leaders in production capacity with significant economies of scale[31](index=31&type=chunk) - As of the end of the reporting period, the company holds **74 invention patents** and **207 utility model patents**, demonstrating strong R&D, production, and sales capabilities for electronic-grade glass fiber cloth, prepregs, and copper-clad laminates[32](index=32&type=chunk) [Analysis of Principal Business](index=10&type=section&id=%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E5%88%86%E6%9E%90) Operating revenue increased by 3.97%, with electronic components manufacturing (copper-clad laminates) being the primary revenue source, accounting for 96.31% of revenue and showing a 7.10% growth Year-on-Year Changes in Key Financial Data | Indicator | Current Reporting Period (RMB) | Prior Year Period (RMB) | Year-on-Year Change | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 2,050,466,793.65 | 1,972,199,872.02 | 3.97% | | | Operating Cost | 1,818,653,872.02 | 1,784,512,314.10 | 1.91% | | | Selling Expenses | 38,951,612.53 | 51,729,561.00 | -24.70% | | | Administrative Expenses | 60,668,454.07 | 65,920,435.65 | -7.97% | | | Financial Expenses | -31,011,116.12 | -27,612,334.36 | -12.31% | | | Income Tax Expense | 4,775,031.31 | 2,112,518.22 | 126.04% | Primarily due to increased principal business profit in the current period | | Net Cash Flow from Operating Activities | -45,829,627.32 | 10,093,794.87 | -554.04% | Primarily due to increased cash paid for goods purchased in the current period | | Net Cash Flow from Investing Activities | 45,574,578.22 | -413,820,085.05 | 111.01% | Primarily due to increased cash received from investment recovery in the current period | | Net Cash Flow from Financing Activities | -46,007,779.89 | -33,701,123.47 | -36.52% | Primarily due to common stock dividend distribution in the current period | | Net Increase in Cash and Cash Equivalents | -43,061,136.76 | -437,155,254.96 | 90.15% | Primarily due to increased net cash flow from investing activities in the current period | Operating Revenue Composition (by Industry) | Industry | Amount for Current Reporting Period (RMB) | Proportion of Operating Revenue | Amount for Prior Year Period (RMB) | Proportion of Operating Revenue | Year-on-Year Change | | :--- | :--- | :--- | :--- | :--- | :--- | | Electronic Components Manufacturing | 1,974,761,692.44 | 96.31% | 1,843,885,009.74 | 93.49% | 7.10% | | Medical Device Manufacturing | 46,770,948.57 | 2.28% | 51,428,451.52 | 2.61% | -9.06% | | Pharmaceutical Manufacturing | 28,934,152.64 | 1.41% | 76,886,410.76 | 3.90% | -62.37% | Operating Revenue Composition (by Product) | Product | Amount for Current Reporting Period (RMB) | Proportion of Operating Revenue | Amount for Prior Year Period (RMB) | Proportion of Operating Revenue | Year-on-Year Change | | :--- | :--- | :--- | :--- | :--- | :--- | | Copper-clad laminates and related products | 1,835,176,481.96 | 89.50% | 1,724,292,257.07 | 87.43% | 6.43% | | PCB | 94,952,312.81 | 4.63% | 86,106,500.40 | 4.37% | 10.27% | | Medical Devices | 46,770,948.57 | 2.28% | 51,428,451.52 | 2.61% | -9.06% | | Pharmaceuticals | 28,920,909.81 | 1.41% | 76,886,410.76 | 3.90% | -62.38% | | Other | 44,646,140.50 | 2.18% | 33,486,252.27 | 1.70% | 33.33% | Operating Revenue Composition (by Region) | Region | Amount for Current Reporting Period (RMB) | Proportion of Operating Revenue | Amount for Prior Year Period (RMB) | Proportion of Operating Revenue | Year-on-Year Change | | :--- | :--- | :--- | :--- | :--- | :--- | | Domestic | 1,951,523,019.08 | 95.17% | 1,864,945,196.48 | 94.56% | 4.64% | | Overseas | 98,943,774.57 | 4.83% | 107,254,675.54 | 5.44% | -7.75% | Industries, Products, or Regions Accounting for Over 10% of the Company's Operating Revenue or Operating Profit | Item | Operating Revenue (RMB) | Operating Cost (RMB) | Gross Profit Margin | Year-on-Year Change in Operating Revenue | Year-on-Year Change in Operating Cost | Year-on-Year Change in Gross Profit Margin | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Electronic Components Manufacturing (Copper-clad laminates) | 1,835,176,481.96 | 1,673,064,763.94 | 8.83% | 6.43% | 3.09% | 2.95% | | Copper-clad laminates and related products | 1,835,176,481.96 | 1,673,064,763.94 | 8.83% | 6.43% | 3.09% | 2.95% | | Domestic | 1,773,424,250.36 | 1,623,665,285.32 | 8.44% | 7.09% | 3.67% | 3.01% | [Analysis of Non-Principal Businesses](index=12&type=section&id=%E9%9D%9E%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E5%88%86%E6%9E%90) Non-principal businesses significantly impacted total profit this period, primarily due to non-operating income (performance compensation) and asset impairment (subsidiary equity transfer), but these items are not sustainable Analysis of Non-Principal Businesses | Item | Amount (RMB) | Proportion of Total Profit | Explanation of Cause | Is it Sustainable | | :--- | :--- | :--- | :--- | :--- | | Investment Income | 9,306,428.56 | 11.72% | Primarily due to equity method income recognized by subsidiaries in the current period | No | | Fair Value Change Gains | -4,131,063.10 | -5.20% | Primarily due to market price fluctuations of trading financial assets in the current period | No | | Asset Impairment | -73,867,785.48 | -93.06% | Primarily due to the transfer of subsidiary equity from subsequent events in the current period | No | | Non-Operating Income | 71,627,137.95 | 90.24% | Primarily due to performance compensation received from subsequent events in the current period | No | | Non-Operating Expenses | 322,286.94 | 0.41% | Primarily due to expenses unrelated to daily operating activities | No | | Credit Impairment Losses | -1,912,319.14 | -2.41% | Primarily due to provision for bad debts on accounts receivable in the current period | No | | Other Income | 15,057,140.18 | 18.97% | Primarily due to government grants and VAT super deduction | No | | Asset Disposal Gains | -130,791.48 | -0.16% | Primarily due to disposal of non-current assets in the current period | No | [Analysis of Assets and Liabilities](index=12&type=section&id=%E8%B5%84%E4%BA%A7%E5%8F%8A%E8%B4%9F%E5%80%BA%E7%8A%B6%E5%86%B5%E5%88%86%E6%9E%90) Total assets decreased by 4.38% year-on-year, while net assets attributable to shareholders slightly increased by 0.20%; restricted assets totaled 255 million RMB, mainly bank deposits and pledged notes [Significant Changes in Asset Composition](index=13&type=section&id=%E8%B5%84%E4%BA%A7%E6%9E%84%E6%88%90%E9%87%8D%E5%A4%A7%E5%8F%98%E5%8A%A8%E6%83%85%E5%86%B5) Total assets at period-end were 6.085 billion RMB, a 4.38% decrease from the prior year-end, with fixed assets decreasing and long-term equity investments increasing Changes in Asset Composition | Item | Amount at End of Current Reporting Period (RMB) | Proportion of Total Assets | Amount at Prior Year-End (RMB) | Proportion of Total Assets | Change in Proportion | | :--- | :--- | :--- | :--- | :--- | :--- | | Cash and Bank Balances | 656,026,697.69 | 10.78% | 669,084,457.59 | 10.51% | 0.27% | | Accounts Receivable | 840,506,106.36 | 13.81% | 856,710,900.67 | 13.46% | 0.35% | | Inventories | 312,626,057.74 | 5.14% | 360,182,319.68 | 5.66% | -0.52% | | Long-Term Equity Investments | 58,823,744.31 | 0.97% | 50,553,894.57 | 0.79% | 0.18% | | Fixed Assets | 1,308,106,315.59 | 21.50% | 1,457,882,389.54 | 22.91% | -1.41% | | Construction in Progress | 29,878,374.22 | 0.49% | 37,936,583.26 | 0.60% | -0.11% | | Non-Current Assets Due Within One Year | 685,788,425.36 | 11.27% | 279,917,260.26 | 4.40% | 6.87% | - The company has no significant overseas assets[45](index=45&type=chunk) [Assets and Liabilities Measured at Fair Value](index=13&type=section&id=%E4%BB%A5%E5%85%AC%E5%85%81%E4%BB%B7%E5%80%BC%E8%AE%A1%E9%87%8F%E7%9A%84%E8%B5%84%E4%BA%A7%E5%92%8C%E8%B4%9F%E5%80%BA) Trading financial assets amounted to 231 million RMB at period-end, with a fair value change loss of 4.1311 million RMB for the current period Assets and Liabilities Measured at Fair Value | Item | Beginning Balance (RMB) | Fair Value Change Gain/Loss for Current Period (RMB) | Amount Purchased in Current Period (RMB) | Amount Sold in Current Period (RMB) | Ending Balance (RMB) | | :--- | :--- | :--- | :--- | :--- | :--- | | Trading Financial Assets | 245,687,253.52 | -4,131,063.10 | 18,801,323.00 | 28,677,398.60 | 231,339,016.15 | | Financial Liabilities | 0.00 | | | | 0.00 | - No significant changes occurred in the measurement attributes of the company's major assets during the reporting period[47](index=47&type=chunk) [Asset Restrictions as of the End of the Reporting Period](index=13&type=section&id=%E6%88%AA%E8%87%B3%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E7%9A%84%E8%B5%84%E4%BA%A7%E6%9D%83%E5%88%A9%E5%8F%97%E9%99%90%E6%83%85%E5%86%B5) Total restricted assets at period-end were 255 million RMB, primarily comprising bank deposits for guarantees and pledged notes receivable Asset Restrictions | Item | Carrying Amount at Period-End (RMB) | Reason for Restriction | | :--- | :--- | :--- | | Cash and Bank Balances | 63,207,593.38 | Bank guarantees and note guarantees | | Financing for Receivables | 191,675,167.18 | Pledged notes receivable | | Total | 254,882,760.56 | | [Investment Analysis](index=13&type=section&id=%E6%8A%95%E8%B5%84%E7%8A%B6%E5%86%B5%E5%88%86%E6%9E%90) The company had no significant equity or non-equity investments during the reporting period; financial asset investments, mainly domestic and foreign stocks, totaled 231 million RMB at period-end [Financial Asset Investments](index=15&type=section&id=%E9%87%91%E8%9E%8D%E8%B5%84%E4%BA%A7%E6%8A%95%E8%B5%84) The company holds various domestic and foreign stocks, with a total carrying amount of 231 million RMB at period-end, and a fair value change loss of 4.1311 million RMB for the current period Securities Investment Status | Security Type | Security Code | Security Abbreviation | Carrying Amount at Beginning of Period (RMB) | Fair Value Change Gain/Loss for Current Period (RMB) | Carrying Amount at End of Period (RMB) | | :--- | :--- | :--- | :--- | :--- | :--- | | Domestic and Foreign Stocks | 601108 | Caitong Securities | 89,870,000.00 | -2,860,000.00 | 87,010,000.00 | | Domestic and Foreign Stocks | 600958 | Orient Securities | 52,800,000.00 | -4,400,000.00 | 48,400,000.00 | | Domestic and Foreign Stocks | 600109 | Guojin Securities | 26,190,000.00 | 120,000.00 | 26,310,000.00 | | Domestic and Foreign Stocks | 600535 | Tasly | 21,690,000.00 | 1,785,000.00 | 23,475,000.00 | | Domestic and Foreign Stocks | 002151 | BDStar Navigation | 0.00 | 1,281,677.00 | 20,083,000.00 | | Domestic and Foreign Stocks | 300146 | By-Health | 12,170,500.00 | -818,100.00 | 11,352,400.00 | | Domestic and Foreign Stocks | 603515 | Opple Lighting | 9,541,000.00 | 893,200.00 | 10,434,200.00 | | Domestic and Foreign Stocks | 002738 | Guosen Securities | 1,904,000.00 | 54,400.00 | 1,958,400.00 | | Domestic and Foreign Stocks | 300529 | Jafron Biomedical | 1,467,000.00 | -388,500.00 | 1,078,500.00 | | Domestic and Foreign Stocks | HK3988 | Bank of China | 735,275.76 | 108,441.41 | 831,698.40 | | Other Securities Investments Held at Period-End | | | 29,319,477.76 | 92,818.49 | 405,817.75 | | Total | | | 245,687,253.52 | -4,131,063.10 | 231,339,016.15 | - The company had no derivative investments or use of raised funds during the reporting period[51](index=51&type=chunk)[52](index=52&type=chunk) [Analysis of Major Holding and Participating Companies](index=15&type=section&id=%E4%B8%BB%E8%A6%81%E6%8E%A7%E8%82%A1%E5%8F%82%E8%82%A1%E5%85%AC%E5%8F%B8%E5%88%86%E6%9E%90) Most major subsidiaries, including Ningguo Jin'an, Zhuhai Guoji, Anhui Jinrui, Shanghai Elton, Hangzhou Guoji, and Shanghai Guoji, were profitable, with Ningguo Jin'an achieving the highest net profit, while Jin'an Industrial incurred a loss Operating Performance of Major Subsidiaries | Company Name | Principal Business | Registered Capital (10,000 RMB) | Total Assets (RMB) | Net Assets (RMB) | Operating Revenue (RMB) | Operating Profit (RMB) | Net Profit (RMB) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Ningguo Jin'an | Copper-clad laminates | 18000 | 1,573,176,695.05 | 94,558,544.01 | 546,889,063.78 | 21,136,477.13 | 22,058,434.50 | | Zhuhai Guoji | Copper-clad laminates | 23478.8903 | 1,018,818,974.89 | 361,077,129.26 | 510,305,283.23 | 15,498,011.92 | 15,475,563.15 | | Anhui Jinrui | Glass Cloth | 5000 | 560,275,797.42 | 190,660,779.12 | 201,868,135.23 | 17,546,770.94 | 14,906,256.16 | | Shanghai Elton | Medical Devices | 2000 | 106,060,028.22 | 80,578,618.14 | 46,770,948.57 | 16,019,306.18 | 13,360,487.39 | | Hangzhou Guoji | Copper-clad laminates | 10000 | 951,239,907.28 | 132,424,768.33 | 414,689,508.89 | 12,697,621.31 | 12,806,254.03 | | Shanghai Guoji | Copper-clad laminates | 5762.5488 | 958,638,776.80 | 102,193,363.23 | 352,629,070.33 | 8,941,101.23 | 8,941,763.49 | | Jin'an Industrial | Technology Promotion and Application Services | 5000 | 480,648,317.32 | 140,325,747.94 | 0.00 | -9,943,017.20 | -9,985,727.28 | - The company had no acquisitions or disposals of subsidiaries during the

Group 1 - Longyang Electronics and Jin'an Guoji both hit the daily limit up in the afternoon trading session [1] - Jiangnan New Materials and Woge Optoelectronics previously reached the daily limit up [1] - Other companies such as Dongcai Technology, Fangbang Co., Jiyuan Technology, Tongguan Copper Foil, and Dongwei Technology also experienced gains [1]

Market Overview - On August 27, the component sector declined by 0.46% compared to the previous trading day, with Jin'an Guoji leading the decline [1] - The Shanghai Composite Index closed at 3800.35, down 1.76%, while the Shenzhen Component Index closed at 12295.07, down 1.43% [1] Stock Performance - Notable gainers included: - Fangzheng Technology (600601) with a closing price of 8.70, up 9.99% and a trading volume of 6.44 million shares, totaling 5.467 billion yuan [1] - Shennan Circuit (002916) closed at 169.50, up 4.19% with a trading volume of 135,900 shares, totaling 2.342 billion yuan [1] - Major decliners included: - Jin'an Guoji (002636) closed at 13.27, down 6.42% with a trading volume of 565,400 shares, totaling 776 million yuan [2] - Nanya New Materials (688519) closed at 68.68, down 6.34% with a trading volume of 130,600 shares, totaling 916 million yuan [2] Capital Flow - The component sector experienced a net outflow of 1.111 billion yuan from institutional investors, while retail investors saw a net inflow of 1.493 billion yuan [2] - The capital flow for specific stocks showed: - Fangzheng Technology had a net inflow of 1.099 billion yuan from institutional investors, while retail investors had a net outflow of 487 million yuan [3] - Xingsen Technology (002436) had a net inflow of 190 million yuan from institutional investors, but a net outflow of 75.252 million yuan from retail investors [3]

Core Viewpoint - The announcement reveals that shareholders Ningbo Jinhui and Han Tao have executed share reduction plans, with Ningbo Jinhui terminating its plan early and Han Tao completing his reduction [1][2]. Summary by Relevant Sections Shareholder Reduction Details - Ningbo Jinhui reduced its holdings by 6,031,800 shares at an average price of 13.81 CNY per share, totaling approximately 83.30 million CNY [1]. - Han Tao reduced his holdings by 1,223,195 shares at an average price of 15.95 CNY per share, totaling approximately 19.51 million CNY [1]. - The combined reduction from both shareholders amounts to 7,254,995 shares, representing a total reduction ratio of 0.997% of the company's total shares, with a total reduction value of approximately 103 million CNY [2]. Shareholder Background - Han Tao is identified as the actual controller of the company, while Shanghai Donglin Investment Development Co., Ltd. is the controlling shareholder. Both Han Tao and Ningbo Jinhui are considered acting in concert with other entities [2]. Previous Disclosure - Prior to the recent reductions, a pre-disclosure indicated that Ningbo Jinhui planned to reduce up to 6,923,000 shares (0.951% of total shares) and Han Tao planned to reduce up to 1,223,195 shares (0.168% of total shares) within a specified timeframe [3].