[Important Notice, Table of Contents, and Definitions](index=2&type=section&id=%E7%AC%AC%E4%B8%80%E8%8A%82%20%E9%87%8D%E8%A6%81%E6%8F%90%E7%A4%BA%E3%80%81%E7%9B%AE%E5%BD%95%E5%92%8C%E9%87%8A%E4%B9%89) This section provides essential disclaimers, an overview of the report's structure, and definitions of key terms to facilitate understanding [Important Notice](index=2&type=section&id=%E9%87%8D%E8%A6%81%E6%8F%90%E7%A4%BA) The Board of Directors, Supervisory Board, and senior management guarantee the report's accuracy, while the company plans no cash dividends or share transfers from capital reserves - The company's Board of Directors, Supervisory Board, and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report, free from false statements, misleading representations, or major omissions[5](index=5&type=chunk) - Mr. Cai Weimin, the company's head, Mr. Chen Lixian, the person in charge of accounting, and Ms. Wang Lin, the head of the accounting department, declare that the financial report in this semi-annual report is true, accurate, and complete[5](index=5&type=chunk) - The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital[6](index=6&type=chunk) [Table of Contents](index=3&type=section&id=%E7%9B%AE%E5%BD%95) This section lists the report's nine main chapters and their starting page numbers, providing an overview of the report's structure Report Chapter Overview | Chapter | Title | Page | | :--- | :--- | :--- | | Section II | Company Profile and Key Financial Indicators | 7 | | Section III | Management Discussion and Analysis | 10 | | Section IV | Corporate Governance, Environment, and Society | 32 | | Section V | Significant Matters | 36 | | Section VI | Changes in Shares and Shareholder Information | 41 | | Section VII | Bond-Related Information | 52 | | Section VIII | Financial Report | 53 | | Section IX | Other Submitted Data | 199 | [Definitions](index=5&type=section&id=%E9%87%8A%E4%B9%89) This section defines key terms and entities used in the report, covering various business segments, technologies, and company-related concepts for clarity - "Domestic Commercial and Civil Alarm (including 'Four Small Systems') and Evacuation Business" refers to commercial and civil automatic fire alarm and linkage control systems, emergency lighting and evacuation indicator systems, and the Four Small Systems (fire door monitoring, residual pressure monitoring, electrical fire monitoring, and fire equipment power monitoring systems, excluding commercial and civil gas detection and monitoring systems) sold within China[11](index=11&type=chunk) - The "Zhu Huan" series chip is Jade Bird Fire's proprietary, world-first fire alarm dedicated chip integrating fire detection and high-bandwidth digital communication capabilities, aiming to establish an intelligent fire IoT system[11](index=11&type=chunk) - "FireNet (Fire Emergency Network)" is Jade Bird Fire's fire emergency network system built on its self-developed "Zhu Huan" series chips and wireless private network technology, serving as a strategic technical platform for smart building and smart city construction[13](index=13&type=chunk) [Company Profile and Key Financial Indicators](index=7&type=section&id=%E7%AC%AC%E4%BA%8C%E8%8A%82%20%E5%85%AC%E5%8F%B8%E7%AE%80%E4%BB%8B%E5%92%8C%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) This section provides an overview of the company's basic information, contact details, and key financial performance metrics for the reporting period [Company Profile](index=7&type=section&id=%E5%85%AC%E5%8F%B8%E7%AE%80%E4%BB%8B) Jade Bird Fire Co., Ltd. (stock code: 002960) is listed on the Shenzhen Stock Exchange, with Cai Weimin as its legal representative Company Basic Information | Indicator | Content | | :--- | :--- | | Stock Abbreviation | Jade Bird Fire | | Stock Code | 002960 | | Stock Exchange | Shenzhen Stock Exchange | | Company Chinese Name | Jade Bird Fire Co., Ltd. | | Company Legal Representative | Cai Weimin | [Contact Persons and Information](index=7&type=section&id=%E8%81%94%E7%B3%BB%E4%BA%BA%E5%92%8C%E8%81%94%E7%B3%BB%E6%96%B9%E5%BC%8F) The company's Board Secretary is Yan Fang and Securities Affairs Representative is Lai Xueyang, both located at Peking University Jade Bird Building C, No. 207 Chengfu Road, Haidian District, Beijing Company Contact Information | Position | Name | Contact Address | Phone | Fax | Email | | :--- | :--- | :--- | :--- | :--- | :--- | | Board Secretary | Yan Fang | Peking University Jade Bird Building C, No. 207 Chengfu Road, Haidian District, Beijing | 010-62758875 | 010-62767600 | zhengquan@jbufa.com | | Securities Affairs Representative | Lai Xueyang | Peking University Jade Bird Building C, No. 207 Chengfu Road, Haidian District, Beijing | 010-62758875 | 010-62767600 | IR@jbufa.com | [Other Information](index=7&type=section&id=%E5%85%B6%E4%BB%96%E6%83%85%E5%86%B5) The company's registered address, office address, website, and information disclosure channels remained unchanged during the reporting period, as detailed in the 2024 annual report - The company's registered address, office address, postal code, website, and email remained unchanged during the reporting period, as detailed in the 2024 annual report[17](index=17&type=chunk) - The securities exchange website and media for the company's semi-annual report disclosure, along with the report's availability location, remained unchanged during the reporting period, as detailed in the 2024 annual report[18](index=18&type=chunk) [Key Accounting Data and Financial Indicators](index=8&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) This period, the company's operating revenue decreased by 5.04% to **RMB 2.15 billion**, and net profit attributable to shareholders decreased by 16.06% to **RMB 159 million** Key Accounting Data and Financial Indicators (Current Period vs. Prior Year) | Indicator | Current Period (RMB) | Prior Year (RMB) | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 2,150,361,039.04 | 2,264,476,366.31 | -5.04% | | Net Profit Attributable to Shareholders of Listed Company | 158,593,965.62 | 188,945,885.83 | -16.06% | | Net Profit Attributable to Shareholders of Listed Company After Deducting Non-Recurring Gains and Losses | 150,444,974.49 | 160,820,171.79 | -6.45% | | Net Cash Flow from Operating Activities | -181,206,013.69 | -194,951,900.42 | 7.05% | | Basic Earnings Per Share (RMB/share) | 0.2157 | 0.2562 | -15.81% | | Diluted Earnings Per Share (RMB/share) | 0.2150 | 0.251 | -14.34% | | Weighted Average Return on Net Assets | 2.59% | 3.11% | -0.52% | | **Period-End Indicators** | **Current Period-End (RMB)** | **Prior Year-End (RMB)** | **Period-End YoY Change** | | Total Assets | 9,121,388,642.65 | 8,886,520,703.35 | 2.64% | | Net Assets Attributable to Shareholders of Listed Company | 6,179,163,779.71 | 6,088,751,700.38 | 1.48% | [Differences in Accounting Data Under Domestic and Overseas Accounting Standards](index=8&type=section&id=%E5%A2%83%E5%86%85%E5%A4%96%E4%BC%9A%E8%AE%A1%E5%87%86%E5%88%99%E4%B8%8B%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%B7%AE%E5%BC%82) During the reporting period, there were no differences in net profit and net assets between financial reports prepared under international or overseas accounting standards and those under Chinese accounting standards - During the reporting period, the company had no differences in net profit and net assets between financial reports disclosed under International Accounting Standards and Chinese Accounting Standards[21](index=21&type=chunk) - During the reporting period, the company had no differences in net profit and net assets between financial reports disclosed under overseas accounting standards and Chinese Accounting Standards[22](index=22&type=chunk) [Non-Recurring Gains and Losses and Amounts](index=8&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) Non-recurring gains and losses totaled **RMB 8.15 million** this period, primarily from non-current asset disposal, government grants, fair value changes, and entrusted investments Non-Recurring Gains and Losses and Amounts | Item | Amount (RMB) | | :--- | :--- | | Gains or losses from disposal of non-current assets (including the write-off portion of asset impairment provisions) | 7,616.24 | | Government grants recognized in current profit or loss (excluding those closely related to the company's normal operations, compliant with national policies, enjoyed according to fixed standards, and having a continuous impact on the company's profit or loss) | 2,684,834.54 | | Gains or losses from changes in fair value of financial assets and liabilities held by non-financial enterprises, and gains or losses from disposal of financial assets and liabilities, excluding effective hedge accounting related to normal business operations | 1,825,176.75 | | Gains or losses from entrusted investments or asset management | 3,940,727.01 | | Other non-operating income and expenses apart from the above | 48,515.82 | | Less: Income tax impact | 615,779.24 | | Minority interests impact (after tax) | -257,900.01 | | Total | 8,148,991.13 | [Management Discussion and Analysis](index=10&type=section&id=%E7%AC%AC%E4%B8%89%E8%8A%82%20%E7%AE%A1%E7%90%86%E5%B1%82%E8%AE%A8%E8%AE%BA%E4%B8%8E%E5%88%86%E6%9E%90) This section provides an in-depth review of the company's operational performance, financial condition, and future outlook, including key business segments, competitive advantages, and risk factors [Main Businesses Engaged by the Company During the Reporting Period](index=10&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) As a leading fire safety product supplier, the company focuses on R&D, production, and sales of fire safety and IoT solutions, achieving a comprehensive "detect-escape-extinguish" fire safety management system - The company operates in the fire safety product industry, classified under C39 Computer, Communication, and Other Electronic Equipment Manufacturing[27](index=27&type=chunk) - The company focuses on R&D, production, and sales of fire safety and IoT, establishing a rich, professional, one-stop, multi-scenario technology and product system for comprehensive "detect-escape-extinguish" fire safety management[27](index=27&type=chunk) - The company independently pioneered the "Zhu Huan" series chip, the world's first fire alarm dedicated chip integrating fire detection and high-bandwidth digital communication capabilities[28](index=28&type=chunk) H1 2025 Business Overview | Indicator | Amount/Ratio | YoY Change | | :--- | :--- | :--- | | Operating Revenue | **RMB 2.15 billion** | -5.04% | | Overall Gross Margin | 35.6% | Slight decrease of 1.23 percentage points | | Net Profit Attributable to Parent Company | **RMB 159 million** | -16.06% | | Non-recurring Net Profit Attributable to Parent Company | **RMB 150 million** | -6.45% | | R&D Expenses | **RMB 173 million** | +6.53% | [Industry Overview and Main Business Operations](index=10&type=section&id=%E5%85%AC%E5%8F%B8%E6%89%80%E5%B1%9E%E8%A1%8C%E4%B8%9A%E6%83%85%E5%86%B5%E5%8F%8A%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E6%83%85%E5%86%B5) The company, a leading fire safety product supplier with over two decades of experience, excels in R&D, holding 700+ patents and 2400+ product certifications, and serves a wide range of high-profile clients and projects - The company operates in the fire safety product industry, classified under C39 Computer, Communication, and Other Electronic Equipment Manufacturing according to the "Industry Classification and Codes for Listed Companies" (2024) issued by the China Securities Regulatory Commission[27](index=27&type=chunk) - The company has developed a rich, professional, one-stop, multi-scenario technology and product system for comprehensive "detect-escape-extinguish" fire safety management, widely applied in commercial/civil, industrial/sector, and overseas markets[27](index=27&type=chunk) - The company holds over **700 domestic and international patents**, more than **400 computer software copyrights**, and over **2,400 multi-dimensional, comprehensive, high-standard domestic/international product certifications**[28](index=28&type=chunk) [Overview of Company's Business Operations in H1 2025](index=11&type=section&id=%E5%85%AC%E5%8F%B82025%E5%B9%B4%E5%8D%8A%E5%B9%B4%E5%BA%A6%E7%BB%8F%E8%90%A5%E6%83%85%E5%86%B5%E6%A6%82%E8%BF%B0) In H1 2025, the company's operating revenue decreased by 5.04% to **RMB 2.15 billion**, and net profit attributable to the parent company fell by 16.06% to **RMB 159 million**, driven by domestic market adjustments and price competition H1 2025 Operating Performance | Indicator | Amount/Ratio | YoY Change | | :--- | :--- | :--- | | Operating Revenue | **RMB 2.15 billion** | -5.04% | | Overall Gross Margin | 35.6% | -1.23 percentage points | | Net Profit Attributable to Parent Company | **RMB 159 million** | -16.06% | | Non-recurring Net Profit Attributable to Parent Company | **RMB 150 million** | -6.45% | - Domestic commercial and civil alarm and evacuation business generated **RMB 1.343 billion** in operating revenue, a **7.48% year-on-year decrease**, yet outperformed the overall industry by capitalizing on urban upgrades and existing building renovations[33](index=33&type=chunk)[34](index=34&type=chunk) - Domestic industrial and sector fire safety business revenue reached **RMB 352 million**, a **3.27% year-on-year increase**, with data center and computing power center project shipments exceeding **RMB 90 million** (over **50% YoY growth**) and energy storage fire safety shipments nearing **RMB 60 million** (nearly **90% YoY growth**)[35](index=35&type=chunk) - The overseas business segment achieved approximately **RMB 392 million** in operating revenue, a **4.83% year-on-year increase**, accounting for **18.22% of total revenue**, with the overall gross margin rising to **48.12%**, a **2.61% increase** from the prior year[37](index=37&type=chunk) - R&D expenditure during the reporting period was approximately **RMB 173 million**, a **6.53% year-on-year increase**, focusing on "Zhu Huan" series chip design iteration, national standard certification for automatic sprinkler systems, R&D of nuclear power dedicated fire alarm systems, launch of integrated fire and security core products, and innovation and commercialization exploration of fire robots[38](index=38&type=chunk)[39](index=39&type=chunk)[40](index=40&type=chunk)[41](index=41&type=chunk)[42](index=42&type=chunk)[43](index=43&type=chunk) - In international market expansion, the UL-standard second-generation automatic fire alarm system has been certified and achieved small-scale sales; the French NF-standard composite detector completed its certification testing process; and Spain's Detnov company expanded its product line[44](index=44&type=chunk)[45](index=45&type=chunk) - In industrial and gas detection scenarios, a new explosion-proof sound and light alarm completed dual certification and mass production shipments; a new generation low-cost gas detection controller completed submission for inspection[46](index=46&type=chunk) - Regarding new national standard upgrades and high-end "Zhu Que" series product development, multiple new national standard fire alarm system products obtained 3C certification and commenced bulk shipments; the intelligent evacuation system completed its upgrade; and the full suite of "Zhu Que" series fire alarm system products was developed, with some certified and high-end project trials initiated[47](index=47&type=chunk) - Brands under the company, including Jade Bird Fire, Weitai Safety, Zhongke Zhichuang, and Zuoxiang Technology, received multiple honors such as "National Product and Service Quality Integrity Commitment Enterprise" and the China Association of Public Companies' 2024 "Best Practice in Investor Relations Management for Listed Companies" award[48](index=48&type=chunk) [Industry Trends and Key Performance Drivers](index=14&type=section&id=%E8%A1%8C%E4%B8%9A%E8%B6%8B%E5%8A%BF%E5%8F%8A%E4%B8%BB%E8%A6%81%E7%9A%84%E4%B8%9A%E7%BB%A9%E9%A9%B1%E5%8A%A8%E5%9B%A0%E7%B4%A0) The fire safety product industry is driven by new national standards, urban renewal, domestic substitution in industrial sectors, growth in the home fire safety market, international expansion, and emerging scenarios - New national standards like "GB 4715-2024 Point-type Smoke Fire Detectors" officially implemented on May 1, imposing higher requirements on product performance, technical indicators, and safety, accelerating industry upgrading and market concentration, with the company being among the first to obtain new national standard product certificates[50](index=50&type=chunk) - Steady progress in urban renewal, including renovation of old urban residential areas, old blocks, and urban villages, is generating significant demand for fire safety equipment updates and upgrades, benefiting companies with comprehensive fire safety solution capabilities[51](index=51&type=chunk) - The market for domestic substitution and renovation of fire safety equipment in industrial/sector fields is vast, with high-end markets long dominated by foreign brands, creating opportunities for domestic leading enterprises to achieve independent control through technological advancements[52](index=52&type=chunk) - The household fire safety product market in developed overseas countries and regions is nearly **USD 10 billion**, which the company entered by acquiring the UK's FB Group, while the domestic household fire safety market is also expected to develop rapidly[53](index=53&type=chunk)[54](index=54&type=chunk) - Chinese fire safety enterprises are expanding overseas markets through four core paths: "capacity output, brand building, project linkage, and capital integration," driving international development[55](index=55&type=chunk) - Emerging scenarios such as gas safety, heritage buildings, electric bicycle fire safety, rail transit, data centers, and nuclear power are continuously appearing, increasing demand for comprehensive, system-level, one-stop solutions[56](index=56&type=chunk) - Cutting-edge technologies like AI, robotics, and IoT will empower the fire safety industry, driving a transformation from "traditional human defense" to "machine intelligence," with the company leveraging its "Zhu Huan" series chips and HRP wireless communication technology to build an intelligent fire IoT system[57](index=57&type=chunk) [Analysis of Core Competencies](index=16&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 strengths lie in its leading R&D capabilities, extensive product lines, comprehensive service network, rapid customized solutions for new scenarios, advanced quality management, and strong brand reputation - The company boasts an R&D team of nearly **500 professionals**, primarily young and middle-aged technical staff from renowned domestic and international universities, providing strong support for technological advancement and new product development[59](index=59&type=chunk) - As of the end of the reporting period, the company had obtained **703 domestic and international patents**, **458 computer software copyrights**, **2,109 national mandatory product certifications (3C)**, and multiple international certifications, with product certifications covering global markets[60](index=60&type=chunk) - The company is one of the largest, most comprehensive, and technologically advanced fire product suppliers in China, possessing strong "one-stop" supply capabilities and a nationwide service network[61](index=61&type=chunk) - The company actively integrates cutting-edge technologies such as AI/AR/VR into the fire safety industry, building technological reserves in areas like fire robots, and driving the development of new quality productive forces in the fire safety sector[63](index=63&type=chunk)[64](index=64&type=chunk) - The company has established a comprehensive product quality management system, obtaining "Quality Management System Certification" from China CNAS and UK UKAS, and additionally acquiring ESD "Electrostatic Protection Management System Certification" and ISO/IEC27001:2022 Information Security Management System Certification[65](index=65&type=chunk) - The company has established a comprehensive "distribution + direct sales" channel model covering the entire nation, with international market channels driven by "dual cores" in North America and Europe, radiating to other overseas regions[66](index=66&type=chunk) - The brand recognition and reputation of the company's various domestic and international brands, including "Jade Bird Fire," "Jiuyuan Intelligent," and "Zheng Tianqi," have become significant competitive advantages for the company[67](index=67&type=chunk) [Main Business Analysis](index=19&type=section&id=%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E5%88%86%E6%9E%90) This period, operating revenue decreased by 5.04%, while operating costs decreased by 3.18%; financial expenses significantly dropped by 90.79% due to exchange rate fluctuations, and net cash flow from financing activities increased by 102.24% Year-on-Year Changes in Key Financial Data | Indicator | Current Period (RMB) | Prior Year (RMB) | YoY Change | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 2,150,361,039.04 | 2,264,476,366.31 | -5.04% | | | Operating Cost | 1,384,910,040.79 | 1,430,457,771.09 | -3.18% | | | Selling Expenses | 285,672,255.13 | 303,881,325.99 | -5.99% | | | Administrative Expenses | 160,405,375.54 | 168,188,409.22 | -4.63% | | | Financial Expenses | -29,226,681.57 | -15,319,075.57 | -90.79% | Primarily due to exchange rate fluctuations | | Income Tax Expense | 33,321,046.45 | 37,806,096.18 | -11.86% | | | R&D Investment | 172,948,884.06 | 162,352,635.01 | 6.53% | | | Net Cash Flow from Operating Activities | -181,206,013.69 | -194,951,900.42 | 7.05% | | | Net Cash Flow from Investing Activities | -326,363,033.95 | -287,576,521.75 | -13.49% | | | Net Cash Flow from Financing Activities | 7,747,966.89 | -345,192,185.06 | 102.24% | Primarily due to dividend payments to shareholders and payment for treasury shares in the buyback special securities account last year | | Net Increase in Cash and Cash Equivalents | -474,887,292.97 | -842,704,602.61 | 43.65% | Primarily due to the increase in net cash flow from financing activities | Operating Revenue Composition (by Industry, Product, Region) | Category | Item | Current Period Amount (RMB) | Share of Operating Revenue | Prior Year Amount (RMB) | Share of Operating Revenue | YoY Change | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | **By Industry** | Fire Safety Product Industry | 2,049,565,656.57 | 95.31% | 2,124,884,938.27 | 93.84% | -3.54% | | | Fire Safety Services Industry | 54,831,527.47 | 2.55% | 53,207,708.51 | 2.35% | 3.05% | | | Other Products and Businesses | 45,963,855.00 | 2.14% | 86,383,719.53 | 3.81% | -46.79% | | **By Product** | Automatic Fire Alarm and Linkage Control Systems | 958,631,818.91 | 44.58% | 1,034,033,309.48 | 45.66% | -7.29% | | | Emergency Lighting and Intelligent Evacuation Systems | 455,895,558.70 | 21.20% | 470,362,998.75 | 20.77% | -3.08% | | | "Five Small Systems" | 227,160,806.03 | 10.56% | 242,647,149.71 | 10.72% | -6.38% | | | Industrial Fire Products | 132,882,889.60 | 6.18% | 128,546,159.87 | 5.68% | 3.37% | | | Fire Extinguishing Segment | 257,977,566.55 | 12.00% | 237,554,252.53 | 10.49% | 8.60% | | **By Region** | Domestic Region | 1,758,606,152.26 | 81.78% | 1,890,773,496.23 | 83.50% | -6.99% | | | Overseas Region | 391,754,886.78 | 18.22% | 373,702,870.08 | 16.50% | 4.83% | Industry, Product, or Region Accounting for Over 10% of Company's Operating Revenue or Operating Profit | Category | Item | Operating Revenue (RMB) | Operating Cost (RMB) | Gross Margin | YoY Change in Operating Revenue | YoY Change in Operating Cost | YoY Change in Gross Margin | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | **By Industry** | Fire Safety Product Industry | 2,049,565,656.57 | 1,320,004,598.49 | 35.60% | -3.54% | -1.07% | -1.61% | | **By Product** | Automatic Fire Alarm and Linkage Control Systems | 958,631,818.91 | 521,062,759.73 | 45.65% | -7.29% | -11.61% | 2.65% | | | Emergency Lighting and Intelligent Evacuation Systems | 455,895,558.70 | 376,426,546.95 | 17.43% | -3.08% | 7.41% | -8.06% | | | "Five Small Systems" | 227,160,806.03 | 129,322,300.44 | 43.07% | -6.38% | -8.74% | 1.47% | | | Fire Extinguishing Segment | 257,977,566.55 | 210,303,073.19 | 18.48% | 8.60% | 14.87% | -4.45% | | **By Region** | Domestic Region | 1,758,606,152.26 | 1,181,659,110.54 | 32.81% | -6.99% | -3.68% | -2.31% | | | Overseas Region | 391,754,886.78 | 203,250,930.25 | 48.12% | 4.83% | -0.19% | 2.61% | [Non-Core Business Analysis](index=20&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-core businesses contributed minimally to total profit this period, with investment income and fair value changes being positive, while asset impairment and non-operating expenses had negative impacts Impact of Non-Core Business on Total Profit | Item | Amount (RMB) | Share of Total Profit | | :--- | :--- | :--- | | Investment Income | 1,818,595.05 | 0.88% | | Gains or losses from changes in fair value | 1,689,443.73 | 0.82% | | Asset Impairment | -1,532,056.37 | -0.74% | | Non-operating Income | 1,905,374.59 | 0.92% | | Non-operating Expenses | 1,856,858.77 | 0.90% | [Analysis of Assets and Liabilities](index=20&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) At period-end, total assets were **RMB 9.12 billion**, a 2.64% increase from year-end, with a decrease in cash and an increase in accounts receivable and inventory Significant Changes in Asset Composition | Item | Current Period-End Amount (RMB) | Share of Total Assets | Prior Year-End Amount (RMB) | Share of Total Assets | Change in Proportion | | :--- | :--- | :--- | :--- | :--- | :--- | | Cash and Cash Equivalents | 2,031,417,913.85 | 22.27% | 2,577,928,146.09 | 29.01% | -6.74% | | Accounts Receivable | 3,015,514,414.55 | 33.06% | 2,504,313,443.57 | 28.18% | 4.88% | | Inventories | 822,425,750.29 | 9.02% | 683,716,553.58 | 7.69% | 1.33% | | Short-term Borrowings | 224,655,735.26 | 2.46% | 353,118,273.52 | 3.97% | -1.51% | | Contract Liabilities | 151,504,407.76 | 1.66% | 235,431,978.65 | 2.65% | -0.99% | | Long-term Borrowings | 497,276,250.00 | 5.45% | 314,314,365.45 | 3.54% | 1.91% | Assets and Liabilities Measured at Fair Value | Item | Period-End Amount (RMB) | Period-Start Amount (RMB) | | :--- | :--- | :--- | | Financial Assets Held for Trading | 238,916,679.19 | 100,559,170.45 | | Investments in Other Equity Instruments | 28,000,000.00 | 23,000,000.00 | | Other Non-current Financial Assets | 214,296,058.20 | 0.00 | | Subtotal of Financial Assets | 481,212,737.39 | 123,559,170.45 | | Financial Liabilities | 0.00 | 0.00 | Asset Rights Restricted as of the End of the Reporting Period | Item | Book Balance (RMB) | Book Value (RMB) | Type of Restriction | Restriction Details | | :--- | :--- | :--- | :--- | :--- | | Cash and Cash Equivalents | 114,970,331.97 | 114,970,331.97 | Deposits, etc. | Performance deposits, bank acceptance bill deposits, etc. | | Notes Receivable | 60,000,000.00 | 60,000,000.00 | Pledge | Bills discounted but not yet due for acceptance | | Fixed Assets | 244,867,323.84 | 154,485,575.91 | Mortgage | Used for mortgage loans | | Intangible Assets | 21,014,677.00 | 10,590,397.65 | Mortgage | Used for mortgage loans | | Total | 440,852,332.81 | 340,046,305.53 | | | [Analysis of Investment Status](index=22&type=section&id=%E6%8A%95%E8%B5%84%E7%8A%B6%E5%86%B5%E5%88%86%E6%9E%90) During the reporting period, the company's investment increased by **140.35%** to **RMB 692 million**, with the termination of two projects and the reallocation of remaining raised funds to permanent working capital Investment Amount During the Reporting Period | Indicator | Amount (RMB) | Change Rate | | :--- | :--- | :--- | | Investment Amount During the Reporting Period | 691,655,257.28 | 140.35% | | Investment Amount in Prior Year | 182,117,999.14 | | Overall Utilization of Raised Funds | Total Raised Funds (RMB 10k) | Total Raised Funds Used Cumulatively (RMB 10k) | Utilization Ratio of Raised Funds at Period-End | | :--- | :--- | :--- | | 173,684.4 | 91,878.29 | 52.96% | - The company terminated the "Mianyang Industrial Base Upgrade and Expansion Project" and the "Smart Fire Safety Platform Project," reallocating the remaining raised funds to permanent working capital to address changes in the macroeconomic environment, improve fund utilization efficiency, and shift to an asset-light implementation model[93](index=93&type=chunk)[96](index=96&type=chunk)[97](index=97&type=chunk) - As of June 30, 2025, the remaining raised funds from terminated investment projects (including wealth management income and interest income) amounted to **RMB 465,693,613.55**[94](index=94&type=chunk) [Overall Situation](index=22&type=section&id=%E6%80%BB%E4%BD%93%E6%83%85%E5%86%B5) During the reporting period, the company's total investment amounted to **RMB 692 million**, representing a **140.35%** increase compared to the prior year Investment Amount During the Reporting Period | Indicator | Amount (RMB) | Change Rate | | :--- | :--- | :--- | | Investment Amount During the Reporting Period | 691,655,257.28 | 140.35% | | Investment Amount in Prior Year | 182,117,999.14 | | [Significant Equity Investments Acquired During the Reporting Period](index=22&type=section&id=%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E8%8E%B7%E5%8F%96%E7%9A%84%E9%87%8D%E5%A4%A7%E7%9A%84%E8%82%A1%E6%9D%83%E6%8A%95%E8%B5%84%E6%83%85%E5%86%B5) The company did not make any significant equity investments during the reporting period [Significant Non-Equity Investments in Progress During the Reporting Period](index=22&type=section&id=%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E6%AD%A3%E5%9C%A8%E8%BF%9B%E8%A1%8C%E7%9A%84%E9%87%8D%E5%A4%A7%E7%9A%84%E9%9D%9E%E8%82%A1%E6%9D%83%E6%8A%95%E8%B5%84%E6%83%85%E5%86%B5) The company's significant non-equity investment is the Jade Bird Fire Safety Industrial Park project, with a cumulative investment of **RMB 600 million** and a progress of **62.02%** as of the reporting period end Significant Non-Equity Investment Projects | Project Name | Investment Method | Cumulative Investment Amount as of Period-End (RMB) | Cumulative Income as of Period-End (RMB) | Investment Progress as of Period-End | | :--- | :--- | :--- | :--- | :--- | | Jade Bird Fire Safety Industrial Park Project | Self-built | 600,030,898.30 | 15,824,902.61 | 62.02% | [Financial Asset Investments](index=23&type=section&id=%E9%87%91%E8%9E%8D%E8%B5%84%E4%BA%A7%E6%8A%95%E8%B5%84) The company's securities investments had a book value of **RMB 13.94 million** at period-end, primarily in Tengsheng Intelligent stock, with no derivative investments during the period Securities Investment Status | Security Type | Security Code | Security Abbreviation | Period-End Book Value (RMB) | | :--- | :--- | :--- | :--- | | Domestic and Overseas Stocks | 839005 | Tengsheng Intelligent | 13,936,482.00 | | Total | | | 13,936,482.00 | - The company had no derivative investments during the reporting period[88](index=88&type=chunk) [Utilization of Raised Funds](index=23&type=section&id=%E5%8B%9F%E9%9B%86%E8%B5%84%E9%87%91%E4%BD%BF%E7%94%A8%E6%83%85%E5%86%B5) As of June 30, 2025, the company cumulatively invested **RMB 919 million** of raised funds, with a **52.96%** overall utilization ratio, and terminated two projects to reallocate remaining funds to permanent working capital Overall Utilization of Raised Funds | Total Raised Funds (RMB 10k) | Total Raised Funds Used This Period (RMB 10k) | Total Raised Funds Used Cumulatively (RMB 10k) | Utilization Ratio of Raised Funds at Period-End | | :--- | :--- | :--- | :--- | | 173,684.4 | 3,463.99 | 91,878.29 | 52.96% | - The company terminated the "Mianyang Industrial Base Upgrade and Expansion Project" and the "Smart Fire Safety Platform Project," reallocating the remaining raised funds to permanent working capital[93](index=93&type=chunk)[96](index=96&type=chunk)[97](index=97&type=chunk) - Reasons for terminating some raised investment projects include adjustments to the company's development strategy, changes in the macroeconomic environment, and improving the efficiency of raised fund utilization[96](index=96&type=chunk)[97](index=97&type=chunk) - On January 2, 2025, the company returned all **RMB 685.6 million** of idle raised funds previously used to temporarily supplement working capital to the special raised funds account, and continued to use no more than **RMB 700 million** of idle raised funds to temporarily supplement working capital[94](index=94&type=chunk) [Significant Asset and Equity Disposals](index=28&type=section&id=%E9%87%8D%E5%A4%A7%E8%B5%84%E4%BA%A7%E5%92%8C%E8%82%A1%E6%9D%83%E5%87%BA%E5%94%AE) During the reporting period, the company did not dispose of any significant assets or equity - The company did not dispose of any significant assets during the reporting period[98](index=98&type=chunk) - The company did not dispose of any significant equity during the reporting period[99](index=99&type=chunk) [Analysis of Major Holding and Participating Companies](index=28&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) The company's major subsidiaries, including Beijing Jade Bird Universal Fire System Software Service Co., Ltd. and Finsecur SAS, significantly contributed to net profit, with new entities added and one disposed of during the period Financial Overview of Major Subsidiaries | Company Name | Net Profit (RMB) | | :--- | :--- | | Beijing Jade Bird Universal Fire System Software Service Co., Ltd. | 52,088,269.50 | | Mircom (Canada) Fire Equipment Co., Ltd. | 19,480,673.17 | | Beijing Zheng Tianqi Fire Equipment Co., Ltd. | 19,342,318.91 | | Sichuan Jiuyuan Intelligent Fire Equipment Co., Ltd. | 28,623,391.85 | | Jiaqi Semiconductor (Shenzhen) Co., Ltd. | 20,968,846.48 | | Finsecur SAS | 21,580,400.25 | Acquisition and Disposal of Subsidiaries During the Reporting Period | Company Name | Acquisition and Disposal Method | Impact on Overall Production, Operations, and Performance | | :--- | :--- | :--- | | Bosford (Xi'an) Electronics Co., Ltd. | Investment Establishment | No significant impact yet | | NAVIA ELITE,S.L. | Equity Acquisition | No significant impact yet | | Shenzhen Youlianchuang Smart Technology Co., Ltd. | Equity Disposal | No significant impact yet | [Information on Structured Entities Controlled by the Company](index=29&type=section&id=%E5%85%AC%E5%8F%B8%E6%8E%A7%E5%88%B6%E7%9A%84%E7%BB%93%E6%9E%84%E5%8C%96%E4%B8%BB%E4%BD%93%E6%83%85%E5%86%B5) During the reporting period, the company had no controlled structured entities [Risks Faced by the Company and Countermeasures](index=29&type=section&id=%E5%85%AC%E5%8F%B8%E9%9D%A2%E4%B8%B4%E7%9A%84%E9%A3%8E%E9%99%A9%E5%92%8C%E5%BA%94%E5%AF%B9%E6%8E%AA%E6%96%BD) The company faces risks from intensified market competition, rising technical standards, declining real estate investment, potential control changes, and goodwill impairment, addressed by leveraging R&D, expanding overseas, and enhancing new technology integration - Risks of market competition and changes in operating environment: The domestic fire safety product market has vast development potential but faces increasing competition, while policy changes and complex international political and economic situations may bring uncertainties[102](index=102&type=chunk) - Risks of rising industry technical standards and pressure from technological iteration and innovation: Fire product market access standards and quality regulations are increasingly stringent, and the emergence of new technologies like AI and new scenarios demand continuous technological innovation from enterprises[104](index=104&type=chunk) - Risks from declining new real estate investment: The civil construction market is a primary application scenario for fire safety products, and a decrease in new investment scale and completed area may impact demand for fire products and intensify market competition[106](index=106&type=chunk) - Risks of change in control: The company has no actual controller, its controlling shareholder Peking University Jade Bird Universal Technology Co., Ltd. has a dispersed equity structure, and major shareholders hold similar proportions, posing a risk of control change[107](index=107&type=chunk) - Goodwill impairment risk: As of the end of the reporting period, the company's goodwill was approximately **RMB 455 million**; if macroeconomic conditions worsen or industry competition intensifies, the operating performance of subsidiaries may be adversely affected, posing a risk of goodwill impairment[108](index=108&type=chunk) [Formulation and Implementation of Market Value Management System and Valuation Enhancement Plan](index=31&type=section&id=%E5%B8%82%E5%80%BC%E7%AE%A1%E7%90%86%E5%88%B6%E5%BA%A6%E5%92%8C%E4%BC%B0%E5%80%BC%E6%8F%90%E5%8D%87%E8%AE%A1%E5%88%92%E7%9A%84%E5%88%B6%E5%AE%9A%E8%90%BD%E5%AE%9E%E6%83%85%E5%86%B5) The company did not disclose its market value management system and valuation enhancement plan [Implementation of “Dual Improvement in Quality and Returns” Action Plan](index=31&type=section&id=%E2%80%9C%E8%B4%A8%E9%87%8F%E5%9B%9E%E6%8A%A5%E5%8F%8C%E6%8F%90%E5%8D%87%E2%80%9D%E8%A1%8C%E5%8A%A8%E6%96%B9%E6%A1%88%E8%B4%AF%E5%BD%BB%E8%90%BD%E5%AE%9E%E6%83%85%E5%86%B5) The company did not disclose an announcement regarding its "Dual Improvement in Quality and Returns" action plan [Corporate Governance, Environment, and Society](index=32&type=section&id=%E7%AC%AC%E5%9B%9B%E8%8A%82%20%E5%85%AC%E5%8F%B8%E6%B2%BB%E7%90%86%E3%80%81%E7%8E%AF%E5%A2%83%E5%92%8C%E7%A4%BE%E4%BC%9A) This section details changes in the company's governance structure, including board and management personnel, and outlines its commitments and actions regarding environmental protection and social responsibility [Changes in Directors, Supervisors, and Senior Management](index=32&type=section&id=%E5%85%AC%E5%8F%B8%E8%91%A3%E4%BA%8B%E3%80%81%E7%9B%91%E4%BA%8B%E3%80%81%E9%AB%98%E7%BA%A7%E7%AE%A1%E7%90%86%E4%BA%BA%E5%91%98%E5%8F%98%E5%8A%A8%E6%83%85%E5%86%B5) During the reporting period, the company underwent significant personnel changes due to re-election, including new appointments for directors, independent directors, general manager, and vice general managers Changes in Directors, Supervisors, and Senior Management | Name | Position Held | Type | Date | Reason | | :--- | :--- | :--- | :--- | :--- | | Cai Weimin | Chairman | Elected | May 13, 2025 | Re-election | | Kang Yazhen | General Manager | Appointment/Removal | May 13, 2025 | Re-election | | Yan Fang | Vice General Manager, Board Secretary | Appointed | May 13, 2025 | Re-election | | Shi Jiayou | Independent Director | Term expired | May 13, 2025 | Re-election | | Zhang Qianshan | General Manager | Term expired | May 13, 2025 | Re-election | | Wang Guoqiang | Chairman of Supervisory Board | Elected | May 13, 2025 | Re-election | [Profit Distribution and Capital Reserve Conversion to Share Capital in Current Period](index=32&type=section&id=%E6%9C%AC%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%88%A9%E6%B6%A6%E5%88%86%E9%85%8D%E5%8F%8A%E8%B5%84%E6%9C%AC%E5%85%AC%E7%A7%AF%E9%87%91%E8%BD%AC%E5%A2%9E%E8%82%A1%E6%9C%AC%E6%83%85%E5%86%B5) The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital for the semi-annual period - The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital for the semi-annual period[113](index=113&type=chunk) [Implementation of Company's Equity Incentive Plans, Employee Stock Ownership Plans, or Other Employee Incentive Measures](index=32&type=section&id=%E5%85%AC%E5%8F%B8%E8%82%A1%E6%9D%83%E6%BF%80%E5%8A%B1%E8%AE%A1%E5%88%92%E3%80%81%E5%91%98%E5%B7%A5%E6%8C%81%E8%82%A1%E8%AE%A1%E5%88%92%E6%88%96%E5%85%B6%E4%BB%96%E5%91%98%E5%B7%A5%E6%BF%80%E5%8A%B1%E6%8E%AA%E6%96%BD%E7%9A%84%E5%AE%9E%E6%96%BD%E6%83%85%E5%86%B5) The company implemented two equity incentive plans, with some stock options cancelled, restricted shares unlocked and repurchased, and adjustments made to option quantities and prices based on the 2024 profit distribution plan - The third exercise period of the reserved stock options under the 2020 First Phase Stock Option and Restricted Stock Incentive Plan expired, with 11 incentive recipients not fully exercising their options, leading the company to cancel **302,294 stock options** held by them[114](index=114&type=chunk)[115](index=115&type=chunk) - **17,946,000 stock options** related to the second and third exercise periods of the initial grant under the 2023 Stock Option and Restricted Stock Incentive Plan have been cancelled[117](index=117&type=chunk) - **7,740,800 restricted shares** from the first unlocking period of the initial grant under the 2023 Stock Option and Restricted Stock Incentive Plan were unlocked and listed for circulation, representing **1.0513%** of the company's total share capital at the time of unlocking[117](index=117&type=chunk) - The company completed the repurchase and cancellation of **12,259,200 restricted shares**, accounting for **1.66%** of the company's total share capital before the repurchase and cancellation, with funds sourced from the company's own capital[118](index=118&type=chunk) - The company adjusted the number and price of stock options initially granted under the 2023 Stock Option and Restricted Stock Incentive Plan in accordance with the 2024 equity distribution plan[119](index=119&type=chunk) [Environmental Information Disclosure](index=34&type=section&id=%E7%8E%AF%E5%A2%83%E4%BF%A1%E6%81%AF%E6%8A%AB%E9%9C%B2%E6%83%85%E5%86%B5) The company and its major subsidiaries are not included in the list of enterprises required to disclose environmental information by law [Social Responsibility](index=34&type=section&id=%E7%A4%BE%E4%BC%9A%E8%B4%A3%E4%BB%BB%E6%83%85%E5%86%B5) The company actively fulfills its social responsibilities by protecting shareholder and employee rights, maintaining fair supplier and customer relations, prioritizing environmental protection, and engaging in charitable activities and rural revitalization - The company operates in compliance with laws and regulations such as the "Company Law" and "Securities Law," focusing on standardized operations, improving corporate governance, and effectively safeguarding the legitimate rights and interests of all shareholders and investors[122](index=122&type=chunk) - The company strictly adheres to labor laws and regulations, including the "Labor Law" and "Labor Contract Law," establishing reasonable compensation management and effective incentive systems, and placing high importance on employee training[123](index=123&type=chunk) - The company treats suppliers fairly, strengthens selection and maintenance, engages deeply with sales teams, maintains good cooperative relationships with customers, and focuses on providing comprehensive products and after-sales services[124](index=124&type=chunk) - The company prioritizes environmental protection, committed to reducing energy and raw material consumption, actively promoting clean production processes, and enhancing employees' environmental awareness[126](index=126&type=chunk) - Zuoxiang Technology, a subsidiary of the company, donated **RMB 100,000** to the Guzhen Town Fire Brigade in Zhongshan City for the purchase of fire-fighting equipment[127](index=127&type=chunk) - The company established the Jade Bird Fire Filial Piety and Benevolence Fund to support Xinwangzhuang Village, Dongcheng Town, Yangyuan County, Zhangjiakou City, contributing to poverty alleviation and rural revitalization[128](index=128&type=chunk) [Significant Matters](index=36&type=section&id=%E7%AC%AC%E4%BA%94%E8%8A%82%20%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9) This section covers key events and disclosures, including commitments, related party transactions, litigation, penalties, and other material developments affecting the company during the reporting period [Commitments Fulfilled and Overdue Unfulfilled by Actual Controller, Shareholders, Related Parties, Acquirers, and the Company During and as of the End of the Reporting Period](index=36&type=section&id=%E5%85%AC%E5%8F%B8%E5%AE%9E%E9%99%85%E6%8E%A7%E5%88%B6%E4%BA%BA%E3%80%81%E8%82%A1%E4%B8%9C%E3%80%81%E5%85%B3%E8%81%94%E6%96%B9%E3%80%81%E6%94%B6%E8%B4%AD%E4%BA%BA%E4%BB%A5%E5%8F%8A%E5%85%AC%E5%8F%B8%E7%AD%89%E6%89%BF%E8%AF%BA%E7%9B%B8%E5%85%B3%E6%96%B9%E5%9C%A8%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%B1%A5%E8%A1%8C%E5%AE%8C%E6%AF%95%E5%8F%8A%E6%88%AA%E8%87%B3%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E8%B6%85%E6%9C%9F%E6%9C%AA%E5%B1%A5%E8%A1%8C%E5%AE%8C%E6%AF%95%E7%9A%84%E6%89%BF%E8%AF%BA%E4%BA%8B%E9%A1%B9) During the reporting period, there were no commitments fulfilled or overdue unfulfilled by the company's actual controller, shareholders, related parties, acquirers, or the company itself - During the reporting period, there were no commitments fulfilled or overdue unfulfilled by the company's actual controller, shareholders, related parties, acquirers, or the company itself[130](index=130&type=chunk) [Non-Operating Fund Occupation by Controlling Shareholder and Other Related Parties](index=36&type=section&id=%E6%8E%A7%E8%82%A1%E8%82%A1%E4%B8%9C%E5%8F%8A%E5%85%B6%E4%BB%96%E5%85%B3%E8%81%94%E6%96%B9%E5%AF%B9%E4%B8%8A%E5%B8%82%E5%85%AC%E5%8F%B8%E7%9A%84%E9%9D%9E%E7%BB%8F%E8%90%A5%E6%80%A7%E5%8D%A0%E7%94%A8%E8%B5%84%E9%87%91%E6%83%85%E5%86%B5) During the reporting period, there was no non-operating fund occupation by the controlling shareholder or other related parties of the listed company - During the reporting period, there was no non-operating fund occupation by the controlling shareholder or other related parties of the listed company[131](index=131&type=chunk) [Illegal External Guarantees](index=36&type=section&id=%E8%BF%9D%E8%A7%84%E5%AF%B9%E5%A4%96%E6%8B%85%E4%BF%9D%E6%83%85%E5%86%B5) During the reporting period, the company had no illegal external guarantees - The company had no illegal external guarantees during the reporting period[132](index=132&type=chunk) [Appointment and Dismissal of Accounting Firms](index=36&type=section&id=%E8%81%98%E4%BB%BB%E3%80%81%E8%A7%A3%E8%81%98%E4%BC%9A%E8%AE%A1%E5%B8%88%E4%BA%8B%E5%8A%A1%E6%83%85%E5%86%B5) The company's semi-annual financial report was not audited - The company's semi-annual report was not audited[133](index=133&type=chunk) [Explanation by the Board of Directors and Supervisory Board on the Accounting Firm's 'Non-Standard Audit Report' for the Current Period](index=36&type=section&id=%E8%91%A3%E4%BA%8B%E4%BC%9A%E3%80%81%E7%9B%91%E4%BA%8B%E4%BC%9A%E5%AF%B9%E4%BC%9A%E8%AE%A1%E5%B8%88%E4%BA%8B%E5%8A%A1%E6%89%80%E6%9C%AC%E6%8A%A5%E5%91%8A%E6%9C%9F%E2%80%9C%E9%9D%9E%E6%A0%87%E5%87%86%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A%E2%80%9D%E7%9A%84%E8%AF%B4%E6%98%8E) The company did not have a non-standard audit report for the current reporting period [Explanation by the Board of Directors on the 'Non-Standard Audit Report' for the Prior Year](index=36&type=section&id=%E8%91%A3%E4%BA%8B%E4%BC%9A%E5%AF%B9%E4%B8%8A%E5%B9%B4%E5%BA%A6%E2%80%9C%E9%9D%9E%E6%A0%87%E5%87%86%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A%E2%80%9D%E7%9B%B8%E5%85%B3%E6%83%85%E5%86%B5%E7%9A%84%E8%AF%B4%E6%98%8E) The company did not have a non-standard audit report for the prior year [Bankruptcy and Reorganization Matters](index=36&type=section&id=%E7%A0%B4%E4%BA%A7%E9%87%8D%E6%95%B4%E7%9B%B8%E5%85%B3%E4%BA%8B%E9%A1%B9) During the reporting period, the company did not experience any bankruptcy or reorganization-related matters - The company did not experience any bankruptcy or reorganization-related matters during the reporting period[134](index=134&type=chunk) [Litigation Matters](index=36&type=section&id=%E8%AF%89%E8%AE%BC%E4%BA%8B%E9%A1%B9) During the current reporting period, the company had no significant litigation, arbitration, or

Group 1 - The core point of the article is the announcement of the procurement result for the fire alarm system by China Petroleum & Chemical Corporation (Sinopec) Shengli Oilfield Branch, with Qingniao Fire Protection Co., Ltd. winning the bid [1][2] - The procurement is specifically for the Shengli Oilfield Marine Oil Production Plant and is part of a public inquiry and comparison procurement plan [1] - The announcement was made on August 12, 2025, and the procurement is located in Shandong Province [2] Group 2 - Qingniao Fire Protection Co., Ltd. has invested in 34 enterprises and participated in 526 bidding projects [1] - The company holds 187 trademark registrations, 279 patents, and 70 copyright registrations, along with 10 administrative licenses [1]

青鸟消防股份有限公司 证券代码：002960 证券简称：青鸟消防 公告编号：2025-050 青鸟消防股份有限公司 关于使用部分闲置募集资金进行现金管理及 自有资金进行委托理财的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 青鸟消防股份有限公司（以下简称"公司"、"本公司"、"青鸟消防"） 于 2025 年 3 月 14 日召开第四届董事会第六十次会议及第四届监事会第三十三次会议， 审议通过了《关于使用部分闲置募集资金进行现金管理的议案》、《关于使用部 分闲置自有资金进行委托理财的议案》，同意公司及子公司使用不超过 20,000 万 元（含本数）闲置募集资金进行现金管理；同意公司及子公司使用不超过 150,000 万元（含本数）闲置自有资金进行委托理财。上述额度自董事会审议通过之日起 的 12 个月内，可循环使用。具体内容详见公司刊登在巨潮资讯网 （http://www.cninfo.com.cn）上的《关于使用部分闲置募集资金进行现金管理的 公告》（公告编号：2025-012）、《关于使用部分闲置自有资金进行委托理财的 公告》（公告编号：2025 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002960 证券简称：青鸟消防 公告编号：2025-049 青鸟消防股份有限公司关于公司控股股东部分股份质押的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 青鸟消防股份有限公司（以下简称"公司"）近日收到公司控股股东北京北大青鸟环宇科技股份有限公司 （以下简称"北大青鸟环宇"）的通知，获悉北大青鸟环宇将其持有的部分公司股份办理了质押业务。具 体事项公告如下： 一、股东股份质押基本情况 青鸟消防股份有限公司 2、股东股份累计质押情况 截至本公告日，北大青鸟环宇所持本公司股份累计质押情况如下： ■ 注：股份质押期间，因公司实施权益分派，本公告中涉及股份数量已根据权益分派实施情况进行相应调 整。 二、备查文件 1、中国证券登记结算有限责任公司证券质押及司法冻结明细表； 2、中国证券登记结算有限责任公司持股5%以上股东每日持股变化明细。 特此公告。 1、股东股份质押的基本情况 ■ 董事会 2025年8月12日 ...

Group 1 - The company, Qingniao Fire Protection, announced that as of the date of the announcement, Beijing Beida Qingniao Huanyu Technology Co., Ltd. has pledged approximately 92.26 million shares, accounting for 49.45% of its total holdings [2] - For the fiscal year 2024, the revenue composition of Qingniao Fire Protection is as follows: 94.17% from the fire safety products industry, 3.16% from fire safety services, and 2.68% from other products and services [2]

青鸟消防股份有限公司 | 股东名称 | 是否为控股 股东或第一 | 本次质押 | 占其所 | 占公司 | 是否 | 是否为 | | | | 质押 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 大股东及其 | 股份数量 | 持股份 | 总股本 | 为限 | 补充质 | 质押起始日 | 质押到期日 | 质权人 | 用途 | | | 一致行动人 | （股） | 比例 | 比例 | 售股 | 押 | | | | | | 北京北大青鸟 环宇科技股份 | 是 | 13,780,000 | 7.39% | 1.58% | 否 | 否 | 2025-08-11 | 质权人解除 质押登记之 | 东吴证券 股份有限 | 业务 | | 有限公司 | | | | | | | | 日 | 公司 | 需要 | 2、股东股份累计质押情况 证券代码：002960 证券简称：青鸟消防 公告编号：2025-049 青鸟消防股份有限公司 关于公司控股股东部分股份质押的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、 ...

Group 1 - The core point of the article is the announcement of the procurement result for a fire alarm system by China Petroleum & Chemical Corporation's Shengli Oilfield Branch, with Qingniao Fire Protection Co., Ltd. winning the bid [1][2] - The procurement is for the Shengli Oilfield Marine Oil Production Plant and is part of a public inquiry and comparison procurement plan [1] - The bid amount awarded to Qingniao Fire Protection Co., Ltd. is 60 million [2] Group 2 - Qingniao Fire Protection Co., Ltd. has invested in 34 companies and participated in 526 bidding projects [1] - The company holds 187 trademark registrations, 279 patents, and 70 copyrights, along with 10 administrative licenses [1]

Group 1 - Hunan Jiuyuan Intelligent Firefighting Equipment Co., Ltd. has been established, with Liu Chaoyang as the legal representative [1] - The company's business scope includes sales of environmental monitoring instruments, mechanical and electrical equipment, wholesale of electronic components, and IoT technology services [1] - The company is wholly owned by Qingniao Firefighting (002960) through indirect shareholding [1]

Group 1 - The company received a notification from its controlling shareholder, Beijing Peking University Qianyu Technology Co., Ltd., regarding the pledge of part of its shares [1] - As of the announcement date, the cumulative pledge situation of shares held by the controlling shareholder has been disclosed [1] - The announcement includes adjustments to the number of shares involved due to the company's implementation of equity distribution [1] Group 2 - The company has provided reference documents including the detailed list of securities pledges and judicial freezes from China Securities Depository and Clearing Corporation Limited [1]

Group 1 - The company, Qingniao Fire Protection, announced that as of the date of the announcement, Beijing Beida Qingniao Huanyu Technology Co., Ltd. has pledged approximately 78.48 million shares, accounting for 42.06% of its total holdings [2] - For the fiscal year 2024, the revenue composition of Qingniao Fire Protection is as follows: 94.17% from the fire safety products industry, 3.16% from fire safety services, and 2.68% from other products and services [2]