证券代码：002825 证券简称：纳尔股份 公告编号：2025-046 上海纳尔实业股份有限公司 关于召开2025年第二次临时股东大会的通知 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。 特别提醒： 上海纳尔实业股份有限公司（以下简称"公司"）于2025年7月25日召开了 第五届董事会第十八次会议，会议决定于2025年8月13日（星期三）下午14:30 在上海市浦东新区新场镇新瀚路26号公司三楼会议室召开公司2025年第二次临 时股东大会。现将具体事项通知如下： 一、召开会议的基本情况 3、会议召开的合法、合规性：公司第五届董事会第十八次会议审议通过了 《关于召开2025年第二次临时股东大会的通知》的议案。公司董事会召集本次股 东大会符合《公司法》《证券法》《深圳证券交易所股票上市规则》《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》 等有关法律、法 规以及《公司章程》的规定。 4、会议召开时间： （1）会议召开时间：2025年8月13日（星期三）下午14:30； （2）网络投票时间：2025年8月13日。 其中：通过深圳证券交易所交易 ...

上海纳尔实业股份有限公司 第五届监事会第十七次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、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 上海纳尔实业股份有限公司（以下简称"公司"）第五届监事会第十七次会 议于2025年7月25日在公司会议室以现场结合通讯方式召开。本次会议于2025年7 月15日以电话、电子邮件或正式文本等方式通知了全体监事。 证券代码：002825 证券简称：纳尔股份 公告编号：2025-043 审议结果：同意3票，反对0票，弃权0票。 本次会议应出席监事3人，实际出席监事3人，其中监事邵新征先生以通讯表 决方式参加了本次会议。会议由监事会主席邵贤贤女士主持，会议的召开和表决 的程序符合《中华人民共和国公司法》及公司章程的规定。 二、监事会会议审议情况 1、审议通过了《关于变更注册资本、取消监事会暨修订<公司章程>的议案》 为进一步提升公司规范运作水平，完善公司治理结构，根据《公司法》《证 券法》《上市公司章程指引》《深圳证券交易所股票上市规则》《深圳证券交易 所上市公司规范运作指引》等法律法规及规范性文件的要求，并结合公司实际情 况，公司不再设 ...

证券代码：002825 证券简称：纳尔股份 公告编号：2025-042 上海纳尔实业股份有限公司 第五届董事会第十八次会议决议公告 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 上海纳尔实业股份有限公司（以下简称"公司"）第五届董事会第十八次会 议于2025年7月25日在公司会议室以现场结合通讯方式召开。本次会议于2025年7 月15日以电话、电子邮件或正式文本等方式通知了全体董事。 本次会议应出席董事7人，实际出席董事7人，其中董事陈然方先生、独立董 事张薇女士、独立董事徐艳辉女士、独立董事万国华先生以通讯表决方式参与了 会议。公司监事、高级管理人员列席了本次会议。会议由董事长游爱国先生主持， 会议的程序符合《中华人民共和国公司法》及《公司章程》的规定。 二、董事会会议审议情况 1、审议通过了《关于修订、制定公司内部治理制度的议案》 根据《公司法》《证券法》《上市公司章程指引》《深圳证券交易所股票上 市规则》《深圳证券交易所上市公司规范运作指引》等法律法规及规范性文件的 要求并结合公司的实际情况，公司修订了《股东会议事规则》、《审计 ...

[Important Notice, Table of Contents, and Definitions](index=2&type=section&id=Important%20Notice%2C%20Table%20of%20Contents%2C%20and%20Definitions) This section provides essential disclaimers, outlines the report structure, and defines key terms for clarity [Important Notice](index=2&type=section&id=Important%20Notice) The Board of Directors, Supervisory Committee, and senior management ensure the report's truthfulness, accuracy, and completeness, highlighting key risks and corresponding mitigation strategies - To address geopolitical risks, the company leverages overseas factories to integrate the supply chain and expands market development in "Belt and Road" countries[5](index=5&type=chunk) - The company mitigates anti-dumping policy impacts by establishing overseas subsidiaries and offsets delivery risks from geopolitical conflicts by broadening financial and logistics channels[6](index=6&type=chunk) - The company shares exchange rate risks with customers through price adjustment mechanisms and uses hedging tools to stabilize performance fluctuations[8](index=8&type=chunk) - The company manages raw material price fluctuation risks through strategic stocking and futures hedging[9](index=9&type=chunk) [Definitions](index=6&type=section&id=Definitions) This chapter defines key terms used throughout the report, including the company, its major subsidiaries, the reporting period, and regulatory bodies - The reporting period refers to January 1, 2025, to June 30, 2025[18](index=18&type=chunk) [Company Profile and Key Financial Indicators](index=7&type=section&id=Company%20Profile%20and%20Key%20Financial%20Indicators) This section presents the company's fundamental information and a summary of its key financial performance metrics [Company Profile](index=7&type=section&id=Company%20Profile) This chapter provides the company's basic information, including its stock ticker "Nal Shares," stock code "002825," listing venue Shenzhen Stock Exchange, and full company names in Chinese and English, legal representative, and contact details - The company's stock ticker is **"Nal Shares,"** stock code is **002825**, and it is listed on the Shenzhen Stock Exchange[21](index=21&type=chunk) [Key Accounting Data and Financial Indicators](index=7&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) During the reporting period, the company achieved operating revenue of **972.18 million yuan**, a 4.10% increase year-over-year, with net profit attributable to shareholders significantly growing by 79.15% to **114.73 million yuan** Key Financial Performance | Indicator | Current Reporting Period (yuan) | Prior Year Period (yuan) | Year-over-Year Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 972,182,409.55 | 933,875,193.79 | 4.10% | | Net Profit Attributable to Shareholders of Listed Company | 114,733,304.30 | 64,042,043.99 | 79.15% | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-Recurring Gains/Losses) | 74,198,742.65 | 63,095,317.92 | 17.60% | | Net Cash Flow from Operating Activities | 55,879,151.31 | 7,510,149.60 | 644.05% | | Basic Earnings Per Share (yuan/share) | 0.34 | 0.19 | 78.95% | | Weighted Average Return on Net Assets | 7.37% | 4.41% | 2.96% | | Total Assets (yuan) | 2,709,060,565.56 | 2,553,537,177.41 | 6.09% | | Net Assets Attributable to Shareholders of Listed Company (yuan) | 1,593,425,042.88 | 1,518,704,316.10 | 4.92% | [Non-Recurring Gains and Losses and Amounts](index=8&type=section&id=Non-Recurring%20Gains%20and%20Losses%20and%20Amounts) During the reporting period, the company's non-recurring gains and losses totaled **40.53 million yuan**, primarily from disposal gains on non-current assets Non-Recurring Gains and Losses | Item | Amount (yuan) | | :--- | :--- | | Gains/Losses on Disposal of Non-Current Assets | 39,685,748.91 | | Government Grants Included in Current Profit/Loss | 2,541,991.18 | | Fair Value Changes of Financial Assets and Liabilities | 7,313,421.71 | | Gains/Losses from Entrusted Investment or Asset Management | -1,017,524.38 | | Other Non-Operating Income and Expenses | -803,087.44 | | **Total** | **40,534,561.65** | [Management Discussion and Analysis](index=10&type=section&id=Management%20Discussion%20and%20Analysis) This section provides a detailed analysis of the company's operations, financial performance, and strategic initiatives during the reporting period [Principal Business Activities](index=10&type=section&id=Principal%20Business%20Activities) The company's core business involves precision coating technology, with products spanning digital inkjet materials, automotive protective films, and optical and electronic functional films - The company's main business is divided into three segments: digital inkjet materials, automotive protective films, and optical and electronic functional films[33](index=33&type=chunk) - Automotive protective film products (PPF, color change films, window films) show strong sales momentum in 4S stores and automotive OEMs, benefiting from the rise of new energy vehicles and import substitution trends[34](index=34&type=chunk) - The company is actively expanding into new sectors like hydrogen energy core materials to drive business growth[33](index=33&type=chunk) [Analysis of Core Competencies](index=11&type=section&id=Analysis%20of%20Core%20Competencies) The company's core competencies lie in technology R&D, brand and channel strength, digital operations, and scaled production capabilities - The company is a national-level **"Little Giant"** enterprise, possessing a Shanghai-recognized enterprise technology center and strong R&D capabilities[37](index=37&type=chunk) - In the first half of 2025, the company applied for **27 new patents**, including **18 invention patents**; as of the reporting period end, it held **18 valid invention patents** and **75 utility model patents**[38](index=38&type=chunk) - The company has a robust marketing network with over **200 brand agents** domestically and products sold in over **90 countries and regions** internationally[41](index=41&type=chunk) - The company continuously advances its digital transformation, building smart factories and intelligent logistics to enhance operational efficiency and delivery capabilities[43](index=43&type=chunk) [Analysis of Main Business Operations](index=13&type=section&id=Analysis%20of%20Main%20Business%20Operations) In the first half of 2025, operating revenue reached **972.18 million yuan**, up 4.10%, and net profit was **114.73 million yuan**, up 79.15%, driven by investment gains and cost efficiency Key Income Statement Items | Item | Current Reporting Period (yuan) | Prior Year Period (yuan) | Year-over-Year Change | Main Reasons for Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 972,182,409.55 | 933,875,193.79 | 4.10% | - | | Financial Expenses | -7,347,430.28 | -12,984,404.08 | 43.41% | Exchange gain/loss changes | | Income Tax Expense | 15,657,740.68 | 1,722,107.53 | 809.22% | Primarily due to gain from transfer of Moku equity | | R&D Investment | 58,202,099.67 | 43,333,655.26 | 34.31% | Increased investment in new product R&D | | Net Cash Flow from Operating Activities | 55,879,151.31 | 7,510,149.60 | 644.05% | Increased customer collections | | Net Cash Flow from Investing Activities | -107,977,804.32 | 33,843,632.29 | -419.05% | Increased purchases of production equipment and wealth management products | Revenue Breakdown by Product | Revenue Component (by Product) | Current Reporting Period Amount (yuan) | % of Total Revenue | Year-over-Year Change | | :--- | :--- | :--- | :--- | | Digital Inkjet Materials | 621,963,989.13 | 63.98% | 6.59% | | **Automotive Functional Films** | **287,292,872.64** | **29.55%** | **23.25%** | | Optical and Electronic Functional Films | 43,257,145.10 | 4.45% | -6.50% | | Other | 19,668,402.68 | 2.02% | -72.30% | Revenue Breakdown by Region | Revenue Component (by Region) | Current Reporting Period Amount (yuan) | % of Total Revenue | Year-over-Year Change | | :--- | :--- | :--- | :--- | | **Domestic** | **480,336,099.00** | **49.41%** | **15.74%** | | International | 491,846,310.55 | 50.59% | -5.21% | [Analysis of Assets and Liabilities](index=15&type=section&id=Analysis%20of%20Assets%20and%20Liabilities) As of the reporting period end, total assets were **2.709 billion yuan**, a 6.09% increase from the end of the previous year, with significant changes in construction in progress and short-term borrowings Key Asset and Liability Items | Major Asset/Liability Item | Current Period End Amount (yuan) | % of Total Assets | Prior Year End Amount (yuan) | % of Total Assets | Explanation of Change | | :--- | :--- | :--- | :--- | :--- | :--- | | Construction in Progress | 115,594,372.89 | 4.27% | 31,205,541.81 | 1.22% | Increase due to purchase of production equipment | | Short-Term Borrowings | 386,113,101.84 | 14.25% | 241,007,904.68 | 9.44% | Increase due to bill discounting | - The company disclosed two major overseas assets, the **Thailand factory** and **Nal Thailand**, totaling approximately **6.25% of the company's net assets**, with no significant impairment risks[56](index=56&type=chunk) [Analysis of Investment Status](index=16&type=section&id=Analysis%20of%20Investment%20Status) During the reporting period, the company engaged in securities and derivative investments, primarily for hedging exchange rate and raw material price risks - The company invested in the **"Evergreen Fund"** with a book value of **28.48 million yuan** at period end, generating a profit of **4.85 million yuan** during the reporting period[60](index=60&type=chunk) - The company uses forward foreign exchange contracts and futures for hedging to mitigate exchange rate and raw material price risks; the actual gain/loss from hedging activities was **-1.13 million yuan** during the reporting period[62](index=62&type=chunk)[64](index=64&type=chunk) [Analysis of Major Holding and Associate Companies](index=19&type=section&id=Analysis%20of%20Major%20Holding%20and%20Associate%20Companies) This report details the operational performance of Nantong Nal Materials Technology Co., Ltd and Shenzhen Moku New Materials Group Co., Ltd Major Subsidiaries and Associates Performance | Company Name | Type | Principal Business | Operating Revenue (yuan) | Net Profit (yuan) | | :--- | :--- | :--- | :--- | :--- | | Nantong Nal Materials Technology Co., Ltd | Subsidiary | Production and sales of automotive functional films | 250,138,380.84 | 40,225,967.00 | | Shenzhen Moku New Materials Group Co., Ltd | Associate Company | Production and sales of inks | 373,740,731.91 | 67,118,574.70 | [Risks and Countermeasures](index=20&type=section&id=Risks%20and%20Countermeasures) The company has identified and developed countermeasures for four main risk categories: geopolitical instability, economic environment fluctuations, exchange rate volatility, and raw material price fluctuations - The company faces four main risks: **geopolitical instability**, **domestic and international economic environment fluctuations**, **exchange rate volatility**, and **raw material price fluctuations**[71](index=71&type=chunk)[72](index=72&type=chunk)[73](index=73&type=chunk)[75](index=75&type=chunk) [Corporate Governance, Environment, and Social Responsibility](index=21&type=section&id=Corporate%20Governance%2C%20Environment%2C%20and%20Social%20Responsibility) This section covers the company's governance structure, employee incentives, and efforts in fulfilling social responsibilities [Corporate Governance](index=21&type=section&id=Corporate%20Governance) During the reporting period, the company's governance structure saw minor changes, with an independent director's departure and a new appointment, and no planned profit distribution - During the reporting period, there was a change in independent directors: **Jiang Wei resigned, and Wan Guohua was appointed**[77](index=77&type=chunk) - The company plans no cash dividends, bonus shares, or capital reserve conversions for the first half of 2025[78](index=78&type=chunk) [Employee Incentives](index=22&type=section&id=Employee%20Incentives) During the reporting period, the company actively advanced its employee incentive plans, completing the repurchase and cancellation of some shares from the 2022 plan and initiating a new 2025 plan - The company completed the repurchase and cancellation of the remaining shares from the **2022 Restricted Stock Incentive Plan**, which has now concluded[79](index=79&type=chunk) - The company launched the **"2025 Restricted Stock Incentive Plan (Draft)"** and has completed its initial grant[80](index=80&type=chunk)[81](index=81&type=chunk) [Social Responsibility](index=23&type=section&id=Social%20Responsibility) The company actively fulfills its social responsibilities by protecting the rights of shareholders, employees, and partners, and by continuously striving for energy conservation and emission reduction - The company protects shareholder rights through improved governance structure and timely information disclosure[84](index=84&type=chunk) - The company prioritizes employee rights protection, offering career development platforms, implementing equity incentives, and establishing an employee assistance fund[85](index=85&type=chunk) - The company is committed to energy conservation and emission reduction, achieving waste heat reuse through equipment upgrades to lower energy consumption and carbon emissions[88](index=88&type=chunk) [Significant Matters](index=25&type=section&id=Significant%20Matters) This section details important events and commitments, including compliance with undertakings, litigation, penalties, and material contracts [Commitments](index=25&type=section&id=Commitments) During the reporting period, the company, its controlling shareholder, actual controller, and other related parties strictly fulfilled all commitments made during the initial public offering - The company's controlling shareholder and actual controller, **You Aiguo**, committed not to engage in businesses that compete with the company and to minimize related-party transactions[90](index=90&type=chunk) - All parties committed to strictly fulfill their undertakings, with no overdue unfulfilled commitments during the reporting period[92](index=92&type=chunk) [Litigation and Penalties](index=28&type=section&id=Litigation%20and%20Penalties) During the reporting period, the company had no major litigation or arbitration matters but faced several other lawsuits and an environmental penalty - The company is involved in **three other litigation matters** with a total amount of approximately **4.73 million yuan**, two of which were won and are awaiting execution, and one has been executed[98](index=98&type=chunk) - The company was fined **200,000 yuan** for exceeding environmental emission standards and has invested funds in upgrading its environmental protection systems[99](index=99&type=chunk)[100](index=100&type=chunk) - Company supervisor **You Zhixin** received a warning letter for short-swing trading[99](index=99&type=chunk)[100](index=100&type=chunk) [Material Contracts](index=30&type=section&id=Material%20Contracts) During the reporting period, the company had no material entrustment, contracting, or guarantee matters, but did have a long-term property lease and engaged in wealth management - The company signed a **20-year (2017-2036) property lease contract** for talent apartments, with a total rent of **17.54 million yuan**[111](index=111&type=chunk) - The company used its own funds for entrusted wealth management, with **150 million yuan** transacted during the reporting period and **100 million yuan** outstanding at period end[115](index=115&type=chunk) [Share Changes and Shareholder Information](index=33&type=section&id=Share%20Changes%20and%20Shareholder%20Information) This section details changes in the company's share capital and provides an overview of its shareholder structure [Share Changes](index=33&type=section&id=Share%20Changes) During the reporting period, the company's total share capital changed due to the repurchase and cancellation of shares from its equity incentive plan - Due to the departure of equity incentive recipients and failure to meet performance targets, the company repurchased and canceled a total of approximately **1.47 million restricted shares**[121](index=121&type=chunk)[123](index=123&type=chunk) - During the reporting period, the company's total share capital changed from **342 million shares** to **341.5 million shares**[121](index=121&type=chunk) [Shareholder Information](index=35&type=section&id=Shareholder%20Information) As of the reporting period end, the company had **20,714 common shareholders**, with the actual controller, You Aiguo, holding 28.42% as the largest shareholder Top Ten Shareholders | Shareholder Name | Shareholder Nature | Shareholding Percentage | Number of Shares Held | | :--- | :--- | :--- | :--- | | You Aiguo | Domestic Natural Person | 28.42% | 96,798,244 | | Wang Shuming | Domestic Natural Person | 8.05% | 27,404,138 | | Yang Jiantang | Domestic Natural Person | 7.48% | 25,475,632 | | Zhang Jianliang | Domestic Natural Person | 3.50% | 11,930,000 | | Tao Fusheng | Domestic Natural Person | 2.77% | 9,442,245 | [Bond-Related Information](index=39&type=section&id=Bond-Related%20Information) This section provides details on any bond-related activities of the company [Bond-Related Information](index=39&type=section&id=Bond-Related%20Information) During the reporting period, the company had no bond-related information [Financial Report](index=40&type=section&id=Financial%20Report) This section presents the company's financial statements and related notes, offering a comprehensive view of its financial health and performance [Audit Opinion](index=40&type=section&id=Audit%20Opinion) The company's 2025 semi-annual financial report is unaudited [Financial Statements](index=40&type=section&id=Financial%20Statements) The financial statements indicate a stable overall financial position, with growth in total assets and net assets, and significant profit improvement driven by investment gains [Consolidated Balance Sheet](index=40&type=section&id=Consolidated%20Balance%20Sheet) As of the reporting period end, total assets reached **2.709 billion yuan**, a 6.09% increase from the beginning of the period, driven by significant increases in trading financial assets and construction in progress - Total assets increased from **2.554 billion yuan** to **2.709 billion yuan**, a **6.09%** increase[140](index=140&type=chunk) - Among current assets, trading financial assets increased from **30.36 million yuan** to **145 million yuan**; among non-current assets, construction in progress significantly increased from **31.21 million yuan** to **116 million yuan**[139](index=139&type=chunk)[140](index=140&type=chunk) - Among current liabilities, short-term borrowings increased from **241 million yuan** to **386 million yuan**[140](index=140&type=chunk) [Consolidated Income Statement](index=44&type=section&id=Consolidated%20Income%20Statement) During the reporting period, total operating revenue was **972.18 million yuan**, up 4.10% year-over-year, with investment income significantly driving net profit growth - Total operating revenue was **972.18 million yuan**, a **4.10%** increase year-over-year[148](index=148&type=chunk) - Investment income reached **57.95 million yuan**, a **163%** increase from **22.02 million yuan** in the prior year period[148](index=148&type=chunk) - Net profit attributable to parent company shareholders was **114.73 million yuan**, a **79.15%** increase year-over-year[149](index=149&type=chunk) [Consolidated Cash Flow Statement](index=48&type=section&id=Consolidated%20Cash%20Flow%20Statement) Net cash flow from operating activities significantly improved to **55.88 million yuan**, while investment activities resulted in a net outflow due to asset purchases and wealth management - Net cash flow from operating activities was **55.88 million yuan**, a substantial **644.05%** increase from **7.51 million yuan** in the prior year period[153](index=153&type=chunk) - Net cash outflow from investing activities was **108 million yuan**, primarily due to **100 million yuan** paid for the construction of fixed assets and **150 million yuan** for wealth management products[154](index=154&type=chunk) - Net cash inflow from financing activities was **108 million yuan**, mainly due to **377 million yuan** in new borrowings[154](index=154&type=chunk) [Notes to Consolidated Financial Statements](index=88&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) This section provides detailed explanations for key items in the financial statements, including accounts receivable, inventory, construction in progress, and revenue breakdown [Other Submitted Data](index=169&type=section&id=Other%20Submitted%20Data) This section includes additional data submitted by the company, covering significant social and safety issues and investor relations activities [Significant Social and Safety Issues](index=169&type=section&id=Significant%20Social%20and%20Safety%20Issues) During the reporting period, the company was fined for exceeding exhaust gas emission standards due to equipment malfunction and has since invested in environmental facility upgrades - The company was fined **200,000 yuan** for occasional exceedance of non-methane total hydrocarbon emissions[695](index=695&type=chunk) - The company has invested over **2 million yuan** in upgrading and expanding environmental protection facilities as a corrective measure[695](index=695&type=chunk) [Investor Relations Activities](index=169&type=section&id=Investor%20Relations%20Activities) During the reporting period, the company engaged in multiple investor communication activities, including on-site visits and online exchanges, with various institutional and individual investors - The company conducted **7 recorded investor relations activities** during the reporting period, engaging with both institutional and individual investors[696](index=696&type=chunk)[697](index=697&type=chunk)

纳尔股份（002825）公告，2025年上半年营业收入9.72亿元，同比增长4.10%。净利润1.15亿元，同比 增长79.15%。 ...

Core Viewpoint - The acquisition plan of NAR Holdings (002825.SZ) to purchase Jiangxi Lanwei Electronics Technology Co., Ltd. has failed after six months of attempts due to a lack of consensus on investment terms and the absence of a formal investment agreement [1][2]. Group 1: Acquisition Details - NAR Holdings announced on July 21 that it would terminate the acquisition of Lanwei Electronics, which was intended to secure a 51% stake through equity transfer and capital increase [1][2]. - The acquisition was initially disclosed on January 22, with expectations of gaining control over Lanwei Electronics, a significant player in chip packaging and bonding technology [2][3]. - The termination of the acquisition will not adversely affect NAR Holdings' operational performance or financial status, as no actual funds were exchanged [2]. Group 2: Market Reaction - Following the announcement of the acquisition plan, NAR Holdings' stock price surged nearly 80%, reaching a peak of 12.35 yuan before experiencing a decline due to lack of updates on the acquisition progress [3][4]. - The stock price fell to 10.68 yuan as of July 22, reflecting a downward trend after the initial spike [3]. Group 3: Financial Performance and Growth Strategy - NAR Holdings has faced significant fluctuations in net profit over recent years, with revenue figures of 16.18 billion yuan, 14.87 billion yuan, and 19 billion yuan from 2022 to 2024, showing a growth rate of -7.98%, -8.09%, and 27.73% respectively [4][5]. - The company attempted to diversify its revenue streams by investing 38 million yuan in Dongguan Junhong Optical Materials Co., Ltd. in 2022, but this investment did not meet performance commitments, resulting in losses [4][5]. - The failure of the Lanwei Electronics acquisition signifies another setback in NAR Holdings' efforts to establish a second growth curve in the semiconductor materials sector [5].

Group 1 - Ruihu Mould achieved a net profit of 227 million yuan in the first half of 2025, a year-on-year increase of 40.33% [1] - The company reported an operating income of 1.662 billion yuan, representing a year-on-year growth of 48.3% [1] - The main business focuses on automotive manufacturing equipment and lightweight automotive components [1] Group 2 - Dongfang Fortune announced that shareholder Shen Yougen's inquiry transfer price is set at 21.66 yuan per share [1] - The transfer will not occur through centralized bidding or block trading, and the shares cannot be transferred within six months [1] - The company specializes in securities, financial e-commerce services, and financial data services [1] Group 3 - Yunnan Copper plans to purchase 40% of Liangshan Mining for 2.324 billion yuan through a share issuance [3] - The transaction involves issuing shares to the controlling shareholder and indirect controlling shareholder to raise matching funds [3] - The company is engaged in copper exploration, mining, smelting, and processing of precious and rare metals [3] Group 4 - Changchuan Technology reported a net profit of 427 million yuan in the first half of 2025, a year-on-year increase of 98.73% [15] - The company achieved an operating income of 2.167 billion yuan, reflecting a year-on-year growth of 41.8% [15] - The main business is focused on the research, production, and sales of integrated circuit equipment [15] Group 5 - ST Lingda reported a net loss of 105 million yuan in the first half of 2025, an improvement from a net loss of 168 million yuan in the same period last year [17] - The company achieved an operating income of 59.93 million yuan, a year-on-year increase of 72.39% [17] - The main business involves high-efficiency photovoltaic solar cells and photovoltaic power generation [17] Group 6 - Anning Co. plans to acquire 100% equity of three companies for 6.508 billion yuan through phased cash payments [14] - The acquisition aims to enhance resource reserves, business scale, market share, and profitability [14] - The company primarily engages in the mining, washing, and sales of vanadium-titanium magnetite [14] Group 7 - Huylv Ecological is planning a major asset restructuring, with stock suspension effective from July 22, 2025 [13] - The restructuring involves issuing shares and cash to acquire 49% equity of Wuhan Junheng Technology [13] - The company specializes in landscape engineering construction and design [13] Group 8 - ST Xifa is planning to acquire the remaining 50% equity of Lhasa Beer for cash, which will lead to full control of the company [26] - The transaction is in the planning stage and is expected to constitute a major asset restructuring [26] - The company is involved in the production and sales of beer [26]

证券代码：002825 证券简称：纳尔股份 公告编号：2025-041 上海纳尔实业股份有限公司 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。 蓝微电子科技有限公司（以下简称"目标公司"）、彭庶瑶及王佑任（以下简称 "相关方"）签订了《投资意向协议》（以下简称"协议"）,公司拟受让目标 公司部分股权，并对目标公司增资的方式持有目标公司不低于51%的股权，取得 目标公司的控制权（以下简称"本次投资"）。协议第15条约定："自本协议签 署之日起的六个月为排他期。在排他期内，未经投资方同意，目标公司及其大股 东、总经理不得就出售目标公司控股权事宜与任何第三方进行磋商、提供相关资 料或签署任何文件。排他期届满，各方未就本次投资签署正式交易协议的，本次 投资自动终止，但各方就延长排他期达成一致的除外。"上述事项详情见2025 年1月23日登载于《证券时报》、 《投资意向协议》签署后，公司聘请了中介机构对目标公司进行尽职调查， 并与相关方就本次投资事项进行了商洽，但未能就本次投资事项达成最终共识， 未签署正式投资协议，也未就延长排他期达成一致。故根据协议第15条约定，协 ...

2025年1月20日，上海纳尔实业股份有限公司（以下简称"公司"）与江西 蓝微电子科技有限公司（以下简称"目标公司"）、彭庶瑶及王佑任（以下简称 "相关方"）签订了《投资意向协议》（以下简称"协议"）,公司拟受让目标 公司部分股权，并对目标公司增资的方式持有目标公司不低于51%的股权，取得 目标公司的控制权（以下简称"本次投资"）。协议第15条约定："自本协议签 署之日起的六个月为排他期。在排他期内，未经投资方同意，目标公司及其大股 东、总经理不得就出售目标公司控股权事宜与任何第三方进行磋商、提供相关资 料或签署任何文件。排他期届满，各方未就本次投资签署正式交易协议的，本次 投资自动终止，但各方就延长排他期达成一致的除外。"上述事项详情见2025 年1月23日登载于《证券时报》、《中国证券报》和巨潮资讯网 www.cninfo.com.cn 上的《关于签订投资意向协议的公告》（公告编号：2025-003）。 证券代码：002825 证券简称：纳尔股份 公告编号：2025-041 上海纳尔实业股份有限公司 关于终止《投资意向协议》的公告 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、 ...

证券代码：002825 证券简称：纳尔股份 公告编号：2025-040 上海纳尔实业股份有限公司 2025 年半年度业绩预告 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、 本期业绩预计情况 1. 业绩预告期间： 2025 年 1 月 1 日～2025 年 6 月 30 日 2. 业绩预告情况 预计的业绩： □亏损 □扭亏为盈 √同向上升 □同向下降 | 项 目 | 本报告期 | 上年同期 | | | --- | --- | --- | --- | | 归属于上市公司 | 盈利：10,000 万元–13,500 万元 | 盈利：6,404 | 万元 | | 股东的净利润 | 比上年同期上升：56% - 111% | | | | 扣除非经常性损 | 盈利：6,500 万元–9,000 万元 | 盈利：6,310 | 万元 | | 益后的净利润 | 比上年同期上升：3% - 43% | | | | 基本每股收益 | 盈利：0.29 元/股–0.39 元/股 | 盈利：0.19 | 元/股 | 注：本公告中的"元"均指人民币元； 二、 与会计师事务所沟通情况 ...