Core Viewpoint - The financial performance of Aorijin (002701) for the first half of 2025 shows significant growth in revenue and net profit, driven by the consolidation of COFCO Packaging Holdings, despite some declines in specific metrics like quarterly net profit and cash flow [1][3]. Financial Performance Summary - Total revenue for the first half of 2025 reached 11.727 billion yuan, a year-on-year increase of 62.74% [1] - Net profit attributable to shareholders was 903 million yuan, up 64.66% year-on-year [1] - In Q2 2025, total revenue was 6.152 billion yuan, reflecting a 68.35% increase year-on-year, while net profit decreased by 11.36% to 239 million yuan [1] - Gross margin was 14.12%, down 20.74% year-on-year, while net margin improved to 7.82%, an increase of 3.95% [1] - Total operating expenses (sales, management, and financial expenses) amounted to 846 million yuan, accounting for 7.21% of revenue, a decrease of 9.45% year-on-year [1] Balance Sheet Highlights - Accounts receivable increased significantly by 73.13% to 6.421 billion yuan [1] - Interest-bearing debt surged by 199.16% to 12.492 billion yuan [1] - Cash and cash equivalents slightly increased by 2.54% to 3.005 billion yuan [1] Cash Flow Analysis - Operating cash flow per share was 0.35 yuan, down 41.27% year-on-year [1] - The net cash flow from operating activities decreased by 41.58%, attributed to increased supplier payment settlements [3] - The net cash flow from investing activities saw a drastic decline of 21,772.34%, due to payments for acquiring COFCO Packaging Holdings [3] Investment Metrics - The company's return on invested capital (ROIC) was 7.53%, indicating average capital returns [4] - The historical median ROIC over the past decade was 8.71%, with the lowest recorded at 4.36% in 2018 [4] - Analysts project a 2025 net profit of 1.36 billion yuan, with an average earnings per share estimate of 0.53 yuan [4] Fund Holdings - The largest fund holding Aorijin shares is Tianhong Gain Return Bond Initiation A, with 3.3908 million shares, showing a reduction in holdings [5] - Other funds have newly entered the top ten holdings, indicating growing interest in Aorijin [5]

Core Insights - The company Aorikin reported a decrease in the number of shareholders to 45,116 as of June 30, 2025, down by 3,604 or 7.4% from March 31, 2025 [1][2] - The average number of shares held per shareholder increased from 52,500 to 56,700, with an average market value of 337,600 yuan per shareholder [1][2] - Aorikin's stock price increased by 19.24% from March 31, 2025, to June 30, 2025, despite the reduction in the number of shareholders [1][2] Company Performance - As of June 30, 2025, Aorikin's average shareholder count was higher than the industry average of 31,300 [1] - The average market value of shares held by Aorikin's shareholders was significantly above the industry average of 157,700 yuan [1] - During the period from March 31, 2025, to June 30, 2025, the company experienced a net outflow of 326 million yuan from major funds, while retail investors contributed a net inflow of 345 million yuan [2]

Group 1 - The company has not distributed cash dividends, issued bonus shares, or increased capital from reserves during the reporting period [3] - There were no changes in the controlling shareholder or actual controller during the reporting period [6][8] - The company does not have any preferred shareholders or related information during the reporting period [5][8] Group 2 - All directors attended the board meeting to review the report [2] - There are no non-standard audit opinions applicable to the company [3] - The company does not have any significant matters to report during the period [8]

Group 1 - The company achieved operating revenue of 11.727 billion yuan in the first half of 2025, representing a year-on-year growth of 62.74% [1] - The net profit attributable to shareholders of the listed company was 903 million yuan, an increase of 64.66% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 401 million yuan, showing a year-on-year decline of 24.17% [1] - The basic earnings per share were 0.35 yuan [1]

Group 1 - The core viewpoint of the article highlights the significant financial performance of Aoruijin in the first half of 2025, with a notable increase in both revenue and net profit [2] - Aoruijin reported a revenue of approximately 11.727 billion yuan, reflecting a year-on-year growth of 62.74% [2] - The company's net profit attributable to shareholders reached about 903 million yuan, marking a year-on-year increase of 64.66% [2]

| | | | | | | | | | | | 单位： 元 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 2025 年半年度占用 | | | 2025 年半年度 | | | | | 非经营性 | 资金占用方名称 | 占用方与上市公司的 | 上市公司核算 | 2025 年期初占 | 累计发生金额 | 2025 | 年半年度占 | 偿还累计发生 | 2025 年 6 月末 | 占用形成原因 | 占用性质 | | 资金占用 | | 关联关系 | 的会计科目 | 用资金余额 | （不含利息） | | 用资金的利息 | 金额 | 占用资金余额 | | | | 控股股 东、实际 | | | | | | | | | | | | | 控制人及 | — | — | — | - | | - | - | - | - | — | — | | 其附属企 | | | | | | | | | | | | | 业 | | | | | | | | | | | | | 其他关联 | | | | | | | | | | ...

奥瑞金科技股份有限公司 2025 年半年度财务报告 奥瑞金科技股份有限公司 奥瑞金科技股份有限公司 2025 年半年度财务报告 一、审计报告 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。 2 奥瑞金科技股份有限公司 2025 年半年度财务报告 1、合并资产负债表 2025 年半年度财务报告 2025 年 8 月 1 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 3,005,065,399 | 3,631,445,037 | | 衍生金融资产 | 46,006,672 | 6,930,354 | | 应收票据 | 294,915,209 | 167,268,979 | | 应收账款 | 6,419,804,689 | 2,750,072,484 | | 应收款项融资 | 196,680,737 | 21,099,880 | | 预付款项 | 333,794,077 | 176,906,988 | | 其他应收款 | 213,897,112 | 138,973,643 | | 存货 | 2,96 ...

奥瑞金科技股份有限公司 2025 年半年度报告全文 奥瑞金科技股份有限公司 2025 年半年度报告 公司在本报告"第三节 管理层讨论与分析"中"公司面临的风险和应对措施" 部分，描述了公司经营中可能面对的主要风险，敬请广大投资者注意查阅。 2025 年 8 月 1 奥瑞金科技股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会及董事、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。 公司负责人周云杰、主管会计工作负责人高礼兵及会计机构负责人高礼兵 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。 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 | | --- | --- | | 第二节 | 公司简介和主要财务指标 6 | | 第三节 | 管理层讨论与分析 9 | | 第四节 | 公司治理、环境和社会 24 | | 第五节 | 重要事项 28 | | 第六节 | 股份变动及股东情况 45 | | 第七节 ...

证券代码：002701 证券简称：奥瑞金 （奥瑞）2025－临 053 号 奥瑞金科技股份有限公司 关于 2025 年第二次临时股东大会决议的公告 奥瑞金科技股份有限公司（"奥瑞金"或"本公司"、"公司"）及董事会 全体成员保证信息披露的真实、准确、完整，没有虚假记载、误导性陈述或重大 遗漏。 重要内容提示： 1、本次股东大会无否决提案的情形。 2、本次股东大会不涉及变更前次股东大会决议。 一、会议召开情况 （一）本次股东大会的召开时间： 现场会议召开的时间：2025年8月28日下午14:30 网络投票时间：2025年8月28日上午9:15至2025年8月28日下午15:00 通过深圳证券交易所交易系统进行网络投票的时间为：2025年8月28日上午 9:15-9:25，9:30—11:30，下午13:00—15:00；通过互联网投票系统进行网络投票 的时间为：2025年8月28日上午9:15至下午15:00期间的任意时间。 （二）现场会议地点：北京市朝阳区建外大街永安里8号华彬大厦六层会议 室 （三）会议召开方式：现场投票与网络投票相结合的方式 （四）会议召集人：奥瑞金科技股份有限公司董事会 （五）会议主持人 ...

北京市金杜律师事务所 关于奥瑞金科技股份有限公司 2025 年第二次临时股东大会 之法律意见书 致：奥瑞金科技股份有限公司 北京市金杜律师事务所（以下简称本所）接受奥瑞金科技股份有限公司（以 下简称公司）委托，根据《中华人民共和国证券法》（以下简称《证券法》）、《中 华人民共和国公司法》（以下简称《公司法》）、中国证券监督管理委员会《上市 公司股东会规则》（以下简称《股东会规则》）等中华人民共和国境内（以下简 称中国境内，为本法律意见书之目的，不包括中国香港特别行政区、中国澳门 特别行政区和中国台湾省）现行有效的法律、行政法规、规章和规范性文件和 现行有效的《奥瑞金科技股份有限公司章程》（以下简称《公司章程》）有关规 定，指派律师出席了公司于 2025 年 8 月 28 日召开的公司 2025 年第二次临时 股东大会（以下简称本次股东大会），并就本次股东大会相关事项出具本法律意 见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限 于： 1. 经公司 2024 年第三次临时股东大会审议通过的《公司章程》； 2. 公司 2025 年 8 月 9 日刊登于《证券时报》、巨潮资讯网及深圳证券交易 ...