广电计量检测集团股份有限公司 2025 年半年度报告 2025 年 8 月 29 日 广电计量检测集团股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人杨文峰、主管会计工作负责人习星平及会计机构负责人(会计 主管人员)李丽婷声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本年度报告涉及公司未来发展战略和经营计划等前瞻性陈述，不构成公 司对投资者的实质承诺，投资者及相关人士均应当对此保持足够的风险认识， 并且应当理解计划、预测与承诺之间的差异。敬请广大投资者注意投资风险， 理性投资。 公司未来发展战略和经营计划的实现可能面对的风险包括"公司公信力、 品牌和声誉受不利事件影响的风险""政策和行业标准变动风险""市场竞 争加剧的风险""骨干员工流失的风险""业务规模迅速扩大导致的管理风 险"和"资产减值风险"，详细内容见本年度报告"第三节 管理层讨论与分 析"的"十、公司面临的 ...

Core Viewpoint - The domestic gold market remains stable with some fluctuations in prices among different brands, while gold recycling prices have decreased [1][4]. Price Summary - The overall gold prices in domestic stores are stable, with some brands experiencing slight increases. For instance, Lao Miao Gold increased by 2 yuan to 1012 yuan per gram, while Zhou Shengsheng remains the highest at 1014 yuan per gram. Shanghai China Gold remains the lowest at 969 yuan per gram, maintaining a price difference of 45 yuan per gram among stores [1][3]. - The latest prices for various brands are as follows: - Lao Miao Gold: 1012 yuan/gram (up 2) - Liufu Gold: 1009 yuan/gram (no change) - Zhou Dafu Gold: 1009 yuan/gram (no change) - Zhou Liufu Gold: 985 yuan/gram (no change) [1][2][3]. Recycling Price Summary - The gold recycling price has decreased by 8.3 yuan per gram, with the following prices reported: - General Gold: 769.80 yuan/gram - Cai Bai Gold: 775.30 yuan/gram - Zhou Shengsheng Gold: 767.60 yuan/gram - Zhou Dafu Gold: 773.90 yuan/gram - Lao Fengxiang Gold: 782.60 yuan/gram [4][6]. International Gold Price Summary - The international gold price showed fluctuations, closing at 3396.59 USD/ounce with a rise of 0.81%. As of the latest report, it has decreased to 3388.09 USD/ounce, reflecting a drop of 0.25% [6]. - The recent increase in gold prices is attributed to market concerns regarding the independence of the Federal Reserve and heightened geopolitical tensions, leading to increased investor risk aversion [6]. - Market expectations for a 25 basis point rate cut by the Federal Reserve in September stand at 87.2%, with a 49% expectation for October [6].

Group 1: AI Industry Insights - The report highlights the release of the "Artificial Intelligence+" action plan by the State Council, which aims to strengthen foundational support capabilities in AI, including innovation in AI chips and software ecosystem development [3] - The action plan is expected to provide long-term institutional guarantees for the development of the AI industry, addressing current bottlenecks such as insufficient computing power and low-quality data supply [3] - Companies to watch include those involved in AI technology and applications, such as Kingdee International, Meituan, and various players in AI education and healthcare [3] Group 2: Economic and Market Outlook - The "14th Five-Year Plan" emphasizes the need for a unified market to break local protectionism and promote efficient resource allocation [4] - The plan also aims to support consumer spending and upgrade consumption structures, indicating a shift in fiscal spending towards improving livelihoods [4] - The capital market reform during this period is expected to transition from policy-driven to institution-driven, promoting high-quality development of the capital market [4] Group 3: Aerospace Industry Developments - China's commercial aircraft market share exceeds 20%, with the C919 aircraft production capacity expanding, potentially breaking the Airbus and Boeing duopoly [4] - The demand for commercial engines in China is projected to exceed $600 billion over the next 20 years, with an average annual demand of over 200 billion RMB [4] - The report indicates that the domestic aerospace industry is likely to experience significant growth due to the focus on local market development and self-sufficiency [4] Group 4: Semiconductor Sector Performance - Changdian Technology reported a revenue of 18.605 billion RMB for the first half of 2025, reflecting a year-on-year growth of 20.14%, driven by increased domestic orders and market demand recovery [8][34] - The company's net profit decreased by 23.98% due to ongoing construction of new factories and rising financial costs, but gross margin improved from 12.6% to 14.3% [34][38] - The semiconductor industry is experiencing a recovery, with global sales expected to continue growing, providing opportunities for companies in this sector [36] Group 5: Consumer Electronics and Home Appliances - Wanhe Electric reported a revenue of 4.08 billion RMB in the first half of 2025, with overseas revenue growing by 26.5% while domestic revenue declined by 4.4% [16] - The company is focusing on digital transformation and cost optimization to enhance its competitiveness in both domestic and international markets [16] - The report anticipates steady growth in the home appliance sector, driven by innovations and expansion into overseas markets [16] Group 6: Automotive and New Energy Sectors - Tuhu-W reported a revenue of 7.877 billion RMB in the first half of 2025, with a year-on-year growth of 10.54%, driven by expansion into lower-tier cities [17] - The company is enhancing its supply chain and logistics efficiency, which has positively impacted its operational performance [17] - The new energy vehicle segment is emerging as a significant growth driver, with a notable increase in transaction users on the platform [17]

Investment Rating - The report maintains a "Buy" rating for the company, with a target price not specified [5] Core Views - The company is increasing its investment in special industries, aiming to enhance its core competitiveness through a planned fundraising of up to 1.3 billion yuan for various projects, including aviation equipment testing platforms and AI chip testing platforms [1][2] - The company is aligning with national industrial strategies and increasing R&D efforts in sectors such as special industries, automotive, new energy, integrated circuits, commercial aerospace, communication, low-altitude economy, and artificial intelligence [2] - The company has seen rapid growth in orders within special industries, focusing on R&D stages in key areas such as measurement calibration reliability, environmental testing, and integrated circuit testing, where it holds a leading position domestically [2][3] Financial Performance - For the first half of 2025, the company expects revenue between 1.45 billion and 1.5 billion yuan, representing a year-on-year growth of 7.91% to 11.63%. The net profit attributable to the parent company is projected to be between 95 million and 100 million yuan, with a growth of 19.20% to 25.48% [4] - The company's net profit forecasts for 2025 to 2027 are 420 million, 510 million, and 600 million yuan respectively, with year-on-year growth rates of +20%, +20%, and +18% [4] - The company’s revenue is projected to grow from 2.89 billion yuan in 2023 to nearly 5 billion yuan by 2027, with corresponding growth rates of 10.94%, 11.01%, 17.16%, 16.33%, and 14.33% [4][10] Strategic Developments - The company plans to upgrade its Xi'an measurement testing laboratory to become a key technical support base for military and civilian vehicle and large component inspection in the northwest region of China, complementing its Chengdu testing base [3] - In the AI chip sector, the company is establishing a quality testing and evaluation platform in Guangzhou to develop reliability assessment standards for domestic GPU/FPGA chips, addressing a significant gap in high-end chip testing standards [3] - The company is also building performance testing and evaluation platforms for satellite internet in Guangzhou and Chengdu to meet the certification needs of over 50,000 satellite applicants in China [3]

Core Viewpoint - The stock of Guangdian Measurement has experienced fluctuations, with a recent decline of 2.01% on August 25, 2023, despite a year-to-date increase of 34.12% [1][2]. Company Overview - Guangdian Measurement Testing Group Co., Ltd. was established on May 24, 2002, and went public on November 8, 2019. The company is located in Panyu District, Guangzhou, and specializes in measurement services, testing services, and the development of testing equipment [2]. - The company's main business revenue composition includes: reliability and environmental testing (24.29%), measurement services (23.24%), life sciences (15.54%), electromagnetic compatibility testing (11.29%), and others [2]. Financial Performance - For the first quarter of 2025, Guangdian Measurement reported operating revenue of 618 million yuan, a year-on-year increase of 5.16%, and a net profit attributable to shareholders of 4.82 million yuan, a significant year-on-year increase of 302.86% [2]. - The company has distributed a total of 523 million yuan in dividends since its A-share listing, with 397 million yuan distributed in the last three years [3]. Shareholder Information - As of March 31, 2025, the number of shareholders of Guangdian Measurement increased by 27.78% to 34,000, with an average of 15,916 circulating shares per person, a decrease of 21.74% [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 14.86 million shares, and new entrants such as招商量化精选股票发起式A and金鹰科技创新股票A [3].

登录新浪财经APP 搜索【信披】查看更多考评等级 股东黄敦鹏先生保证向本公司提供的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 广电计量检测集团股份有限公司（以下简称"公司"）持股5%以上股东黄敦鹏先生计划2025年5月31日至 2025年8月30日期间以集中竞价方式减持本公司股份5,603,800股，详见公司2025年5月10日刊登于巨潮资 讯网www.cninfo.com.cn及《证券时报》《中国证券报》《上海证券报》《证券日报》的《关于持股5% 以上股东减持股份预披露公告》（公告编号：2025-033）。截至2025年8月21日，黄敦鹏先生以集中竞 价方式减持本公司股份5,603,800股（占本公司总股本583,245,846股的0.96%，占本公司剔除回购股份 22,858,144股后总股本560,387,702股的1%），本次减持股份计划已实施完成。 一、股东减持情况 1.股东减持股份情况 ■ 注：上述减持股份的来源为公司首次公开发行股票并上市前已发行股份以及通过公司资本公积金转增股 本获得的股份；集中竞价交易减 ...

特此公告。 广电计量检测集团股份有限公司 关于 2025 年度向特定对象发行 A 股股票申请 获得深圳证券交易所受理的公告 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。 广电计量检测集团股份有限公司（以下简称"公司"）于 2025 年 8 月 22 日 收到深圳证券交易所出具的《关于受理广电计量检测集团股份有限公司向特定对 象发行股票申请文件的通知》（深证上审〔2025〕156 号）。深圳证券交易所对公 司报送的向特定对象发行股票的申请文件进行了核对，认为申请文件齐备，决定 予以受理。 公司本次向特定对象发行 A 股股票事项尚需深圳证券交易所审核通过，并 获得中国证券监督管理委员会同意注册后方可实施，最终能否通过深圳证券交易 所审核并获得中国证券监督管理委员会同意注册的决定及时间仍存在不确定性。 公司将根据该事项进展情况及时履行信息披露义务，敬请广大投资者谨慎决策， 注意投资风险。 证券代码：002967 证券简称：广电计量 公告编号：2025-050 广电计量检测集团股份有限公司 董 事 会 2025 年 8 月 23 日 1 ...

股票简称：广电计量 股票代码：002967 广电计量检测集团股份有限公司 （Grg Metrology & Test Group Co., Ltd.） （申报稿） （广东省广州市番禺区石碁镇创运路 8 号） 2025 年度向特定对象发行 A 股股票 保荐人（主承销商） 并在主板上市 公告日期：2025 年 8 月 募集说明书 声 明 本公司及全体董事、监事、高级管理人员承诺募集说明书及其他信息披露资 料不存在任何虚假记载、误导性陈述或重大遗漏，并对其真实性、准确性及完整 性承担相应的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人保证募集说明书中财务 会计资料真实、准确、完整。 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对申请 文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的 盈利能力、投资价值或者对投资者的收益作出实质性判断或保证。任何与之相反 的声明均属虚假不实陈述。 1、本次向特定对象发行股票相关事项已经公司于 2025 年 7 月 21 日召开的 第五届董事会第二十一次会议和 2025 年 8 月 7 日召开的 2025 年第一次临时股东 大会审议通过 ...

华泰联合证券有限责任公司 关于 广电计量检测集团股份有限公司 2025 年度向特定对象发行 A 股股票并在主板上市 之 发行保荐书 保荐人（主承销商） （深圳市前海深港合作区南山街道桂湾五路128号前海深港基金小镇B7栋401） 二〇二五年八月 发行保荐书 华泰联合证券有限责任公司 关于广电计量检测集团股份有限公司 2025 年度向特定对象发行 A 股股票并在主板上市 之发行保荐书 广电计量检测集团股份有限公司（以下简称"发行人""公司""广电计 量"）申请向特定对象发行 A 股股票并在主板上市，依据《中华人民共和国公 司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证 券法》"）、《上市公司证券发行注册管理办法》（以下简称"《注册管理办法》"）、 《深圳证券交易所上市公司证券发行上市审核规则》（以下简称"《审核规则》"） 等相关的法律、法规的有关规定，提交发行申请文件。华泰联合证券有限责任公 司（以下简称"华泰联合证券""保荐人"）作为其本次发行的保荐人，孙博和 汪乐林作为具体负责推荐的保荐代表人，特为其出具本发行保荐书。 发行保荐书 第一节 本次证券发行基本情况 一、保荐人工作人员 ...

华泰联合证券有限责任公司 关于 广电计量检测集团股份有限公司 （深圳市前海深港合作区南山街道桂湾五路128号前海深港基金小镇B7栋401） 二〇二五年八月 上市保荐书 华泰联合证券有限责任公司 关于广电计量检测集团股份有限公司 2025 年度向特定对象发行 A 股股票并在主板上市 之 上市保荐书 保荐人（主承销商） 2025 年度向特定对象发行 A 股股票并在主板上市 之 上市保荐书 深圳证券交易所： 作为广电计量检测集团股份有限公司（以下简称"广电计量""发行 人""公司"）向特定对象发行 A 股股票并在主板上市的保荐人，华泰联合证 券有限责任公司及其保荐代表人已根据《中华人民共和国公司法》（以下简称 "《公司法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）等 法律法规和中国证券监督管理委员会（以下简称"中国证监会"）及贵所的有关 规定，诚实守信，勤勉尽责，严格按照依法制定的业务规则和行业自律规范出具 上市保荐书，并保证所出具文件真实、准确、完整。 现将有关情况报告如下： 一、发行人基本情况 （一）发行人概况 | 中文名称： | | | | 广电计量检测集团股份有限公司 | | --- | -- ...