Core Points - The company received a warning letter from the Beijing Securities Regulatory Bureau regarding administrative regulatory measures against the company and its key individuals [1] - The controlling shareholder and actual controller, Dai Baolin, was arrested by public security authorities on June 19, 2025, for suspected unit bribery [1] - The company is under investigation by supervisory authorities for suspected unit bribery and failed to timely disclose relevant information [1] - The situation highlights deficiencies in the company's operational compliance, corporate governance, and internal controls [1]

Core Viewpoint - The company and its key executives received a warning letter from the Beijing Securities Regulatory Bureau for failing to timely disclose an investigation related to alleged bribery, indicating a need for improved governance and compliance measures [1] Group 1: Company Actions - The company, along with its controlling shareholder and key executives, will seriously reflect on the incident and learn from it [1] - There is a commitment to enhance the understanding of relevant laws and regulations among the company's personnel [1] - The company plans to strengthen its internal governance mechanisms and control systems to prevent similar incidents in the future [1] Group 2: Regulatory Response - The Beijing Securities Regulatory Bureau issued a warning letter due to the failure to disclose the investigation in a timely manner [1] - The warning highlights the importance of transparency and compliance in corporate governance [1]

证券代码：002963 证券简称：豪尔赛 公告编号：2025-042 豪尔赛科技集团股份有限公司 关于收到北京证监局警示函的公告 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、误导性陈述或重大遗漏。 豪尔赛科技集团股份有限公司（以下简称"公司"）于近日收到中国证券监 督管理委员会北京监管局（以下简称"北京证监局"）出具的《关于对豪尔赛科 技集团股份有限公司、戴宝林、戴聪棋、侯春辉、闻国平采取出具警示函行政监 管措施的决定》（[2025]150 号）（以下简称"《警示函》"），现将有关情况 公告如下： 一、《警示函》的内容 定，我局决定对你们采取出具警示函的行政监管措施，并计入证券期货市场诚信 档案。你们应当充分吸取教训，提高信息披露质量，采取有效措施避免再次发生 违法违规行为，并在收到本决定书之日起 30 日内向我局提交书面整改报告。 豪尔赛科技集团股份有限公司、戴宝林、戴聪棋、侯春辉、闻国平： 如果对本监督管理措施不服，可以在收到本决定书之日起 60 日内向中国证 券监督管理委员会提出行政复议申请，也可以在收到本决定书之日起 6 个月内向 有管辖权的人民法院提起诉讼。复议与诉讼期 ...

豪尔赛(002963.SZ)公告称，公司及控股股东、实际控制人戴宝林，董事长、总经理戴聪棋，董事、副 总经理侯春辉，董事、副总经理、董事会秘书闻国平因未及时披露公司涉嫌单位行贿罪被立案调查事 项，收到北京证监局警示函。公司及相关人员将认真总结、吸取教训，加强相关法律法规学习，健全和 完善公司内部治理机制与控制制度，提高信息披露质量，杜绝此类行为再次发生。 ...

Financial Performance - In the first half of 2025, the company reported operating revenue of 158.06 million yuan, a decrease of 46.60% compared to the same period last year [1][2] - The net profit attributable to shareholders was -33.71 million yuan, a decline of 538.56% from a profit of 7.69 million yuan in the previous year [1][2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -30.22 million yuan, down 227.59% from 23.69 million yuan in the same period last year [1][2] - The net cash flow from operating activities was -27.42 million yuan, compared to a positive cash flow of 619.85 thousand yuan in the previous year, representing a decrease of 4,524.29% [1][2] Historical Financial Data - From 2021 to 2024, the company's operating revenues were 788 million yuan, 407 million yuan, 538 million yuan, and 459 million yuan respectively [2] - The net profits attributable to shareholders for the same years were 13 million yuan, -156 million yuan, 18 million yuan, and -179 million yuan respectively [2] - The net profits after deducting non-recurring gains and losses were -10 million yuan, -169 million yuan, -46 million yuan, and -109 million yuan respectively [2] - The net cash flow from operating activities for the years 2021 to 2024 were 66 million yuan, -165 million yuan, 139 million yuan, and -99 million yuan respectively [2] Company Background - The company was listed on the Shenzhen Stock Exchange on October 28, 2019, with an initial public offering of 37.59 million shares at a price of 23.66 yuan per share [3] - The stock reached a peak price of 45.35 yuan on October 31, 2019, but has since been in a downward trend and is currently in a state of loss [3] - The total funds raised amounted to 889 million yuan, with a net amount of 801 million yuan after deducting issuance costs [3] - The funds were allocated for various projects, including 650 million yuan for operational capital, 55.52 million yuan for LED lighting R&D, and 42.01 million yuan for remote monitoring systems [3]

Financial Performance - The company reported a total revenue of 158 million yuan for the first half of 2025, a decrease of 46.6% year-on-year [1] - The net profit attributable to shareholders was -33.71 million yuan, reflecting a decline of 538.56% compared to the previous year [1] - The gross margin was 23.47%, down 21.36% year-on-year, while the net margin was -21.4%, a significant drop of 936.81% [1] - The total of selling, administrative, and financial expenses reached 48.32 million yuan, accounting for 30.57% of total revenue, an increase of 62.08% year-on-year [1] Cash Flow and Debt - The operating cash flow per share was -0.18 yuan, a decrease of 4524.29% year-on-year, indicating severe cash flow issues [1][3] - The company experienced a 341.35% decrease in income tax expenses due to negative net profit [3] - The net cash flow from operating activities dropped by 4524.29%, attributed to tight cash flow from downstream clients [3] Investment and Return Metrics - The company's historical median Return on Invested Capital (ROIC) since its listing is 3.52%, with the worst year being 2024 at -12.16% [3] - The company has recorded two years of losses since its listing, indicating a fragile business model [3] Financial Health Indicators - The company’s cash assets are reported to be healthy, but the average operating cash flow over the past three years is -20.99% of current liabilities [4] - There is a recommendation to monitor the financial expenses, as the average net cash flow from operating activities over the past three years has been negative [4]

Core Insights - The company reported a significant decline in its main operating revenue and net profit for the first half of 2025, indicating severe financial challenges [1][4]. Financial Performance - The main operating revenue for the first half of 2025 was 158 million yuan, a year-on-year decrease of 46.6% [1][4]. - The net profit attributable to shareholders was -33.71 million yuan, reflecting a year-on-year decline of 538.56% [1][4]. - The non-recurring net profit was -30.22 million yuan, down 227.59% year-on-year [1][4]. - In Q2 2025, the single-quarter main operating revenue was 101 million yuan, a decrease of 33.86% year-on-year [1][4]. - The single-quarter net profit attributable to shareholders was -11.31 million yuan, a decline of 586.33% year-on-year [1][4]. - The single-quarter non-recurring net profit was -14.04 million yuan, down 184.97% year-on-year [1][4]. Profitability Metrics - The company's debt ratio stood at 26.29% [1]. - Investment income was reported at 36.24 million yuan, while financial expenses were 645,200 yuan [1]. - The gross profit margin was 23.47%, representing a year-on-year decrease of 21.36% [7]. Earnings Per Share - Earnings per share were reported at -0.22 yuan, a year-on-year decline of 540% [7]. - The operating cash flow per share was -0.18 yuan, reflecting a significant decrease of 4524.28% year-on-year [7]. Shareholder Information - The largest shareholder, Liu Qingmei, holds 30.76% of the shares [12]. - Other notable shareholders include Shanghai Gaohao Investment Partnership with 7.52% and CITIC Securities with 0.02% [12].

Core Viewpoint - The report indicates a significant decline in the company's financial performance for the first half of 2025, with a notable drop in revenue and net profit compared to the same period in the previous year [1][2]. Financial Performance - Operating revenue for the reporting period was CNY 158,064,733.94, a decrease of 46.60% from CNY 296,015,375.75 in the same period last year [1]. - The net profit attributable to shareholders was CNY -33,714,944.84, representing a decline of 538.56% compared to CNY 7,687,672.22 in the previous year [1]. - The net profit after deducting non-recurring gains and losses was CNY -30,224,715.53, down 227.59% from CNY 23,689,368.68 [1]. - The net cash flow from operating activities was CNY -27,423,841.84, a drastic decrease of 4,524.29% from CNY 619,847.74 [1]. - Basic earnings per share were CNY -0.22, a decline of 540.00% from CNY 0.05 [1]. - Diluted earnings per share were also CNY -0.22, reflecting the same percentage decrease [1]. - The weighted average return on net assets was -2.53%, down 3.03% from 0.50% [1]. Assets and Equity - Total assets at the end of the reporting period were CNY 1,744,461,245.22, a decrease of 4.32% from CNY 1,823,293,167.56 [2]. - Net assets attributable to shareholders were CNY 1,284,318,413.19, down 4.73% from CNY 1,348,105,344.03 [2]. Shareholder Information - The company has a total of 15,679 ordinary shareholders at the end of the reporting period [2]. - Major shareholders include Liu Qingmei and Dai Baolin, each holding 23.36% of the shares [2][3]. - The report indicates that there are no changes in the controlling shareholder or actual controller during the reporting period [5].

Core Viewpoint - The report highlights a significant decline in the company's financial performance for the first half of 2025, with a 46.60% decrease in revenue and a net loss of 33.71 million yuan, indicating challenges in the lighting and new energy sectors due to macroeconomic conditions and increased competition [2][8][12]. Company Overview and Financial Indicators - The company, HES Technology Group Co., Ltd., is listed on the Shenzhen Stock Exchange under the stock code 002963 [2]. - The total revenue for the reporting period was 158.06 million yuan, down from 296.02 million yuan in the same period last year [2]. - The net profit attributable to shareholders was -33.71 million yuan, a decrease of 538.56% compared to the previous year [2]. - The company reported a basic and diluted earnings per share of -0.22 yuan, reflecting a 540% decline [2]. Business Operations - The company operates under a "Smart+" strategic layout, focusing on three main business segments: smart lighting, smart tourism, and smart city solutions, supported by its subsidiary in new energy [8][12]. - The smart lighting segment integrates modern information technology and aims to enhance urban environments through innovative lighting solutions [8][12]. - The smart tourism segment leverages VR, AR, and AI technologies to create immersive cultural experiences, contributing to the growth of nighttime tourism [4][10]. - The smart city segment utilizes advanced technologies to support urban renewal and digital transformation, enhancing the quality of urban life [5][11]. Industry Development - The lighting industry is experiencing a downturn due to a slowdown in macroeconomic growth and reduced investment in real estate, with a reported 11.2% decline in real estate development investment [8][9]. - The urbanization process and government policies are expected to drive growth in the lighting sector, with initiatives aimed at enhancing urban environments and promoting sustainable development [9][10]. - The new energy sector is rapidly expanding, with significant growth in the sales of new energy vehicles and charging infrastructure, supported by government policies promoting green energy [12][13]. Competitive Advantages - The company holds the highest industry qualifications in lighting engineering, which enhances its competitive edge in large-scale projects [15][20]. - The company emphasizes quality management and has established a strong brand reputation in the market, recognized for its design and construction quality [20][21]. - The company invests heavily in research and development, holding numerous patents and participating in the formulation of industry standards, which strengthens its technological capabilities [18][21]. Recent Developments - The company has successfully secured several key projects, including innovative nighttime tourism initiatives and significant lighting engineering contracts [16][17]. - The new energy subsidiary has formed strategic partnerships to advance green energy solutions and has been recognized as a leading brand in the charging and swapping industry [17][18]. - The company is committed to enhancing its governance structure and compliance management to ensure sustainable growth [19].

Group 1 - The board meeting of Haosai Technology Group Co., Ltd. was held on August 13, 2025, with all 9 directors present, ensuring compliance with relevant laws and regulations [1][2]. - The board approved the 2025 semi-annual report and its summary, which can be found on the official website [1][2]. - The board also approved the provision for credit impairment and asset impairment for the first half of 2025, with unanimous support from all directors [2][3]. Group 2 - The board revised the "Management System for Directors and Senior Management Personnel Holding and Trading Company Stocks," receiving full approval [2][3]. - The board established the "Management System for Deferred and Exempt Information Disclosure," which was also unanimously approved [2][3].