Core Viewpoint - Baoming Technology announced the progress of providing guarantees for its wholly-owned subsidiary, indicating a strategic move to secure financing and enhance operational capabilities [1] Group 1: Company Guarantees and Financing - The company and its subsidiaries plan to apply for a total credit/loan limit not exceeding 6 billion yuan, with mutual guarantees among them [1] - Recently, the wholly-owned subsidiary, Ganzhou Baoming, signed a Supply Chain Service Agreement with Deyuan Supply Chain, securing a credit limit of 50 million yuan [1] - Baoming Technology and Baoming Precision provide joint liability guarantees for the execution of this agreement, within the approval limits of the board of directors and shareholders' meeting [1] Group 2: Financial Position of Subsidiary - As of June 30, 2025, Ganzhou Baoming reported total assets of 716.90 million yuan and total liabilities of 349.65 million yuan [1] - As of the announcement date, the company has guaranteed loans for its subsidiaries amounting to 427.17 million yuan, while subsidiaries have guaranteed loans for the company totaling 343.42 million yuan, with no overdue guarantee matters reported [1]

深圳市宝明科技股份有限公司 关于为全资二级子公司提供担保的进展公告 证券代码：002992 证券简称：宝明科技 公告编号：2025-043 一、担保情况概述 深圳市宝明科技股份有限公司（以下简称"公司"）分别于 2025 年 4 月 28 日召开第五届董事会第九次会议、2025 年 5 月 20 日召开公司 2024 年年度股东 大会，审议通过了《关于公司及子公司向银行等金融机构申请综合授信或贷款并 相互提供担保的议案》，同意公司及子公司计划向银行等金融机构申请综合授信 /贷款额度累计不超过人民币 60 亿元。在上述综合授信/贷款额度内，公司及子公 司根据融资授信的实际需要，相互之间提供担保。具体内容详见公司于 2025 年 4 月 29 日在巨潮资讯网（http://www.cninfo.com.cn）上披露的《关于公司及子公 司向银行等金融机构申请综合授信或贷款并相互提供担保的公告》（公告编号： 2025-018）。 二、担保进展情况 近日，公司全资二级子公司赣州市宝明显示科技有限公司（以下简称"赣州 宝明"）与赣州德源供应链管理有限公司（以下简称"德源供应链"）签订了《供 应链服务协议》（以下简称"主合 ...

Core Viewpoint - Baoming Technology (002992) reported a decline in total revenue and a significant improvement in net profit for the first half of 2025, indicating mixed financial performance amid rising short-term debt pressure [1] Financial Performance Summary - Total revenue for the first half of 2025 was 662 million yuan, a decrease of 8.01% compared to 719 million yuan in the same period of 2024 [1] - The net profit attributable to shareholders was -13 million yuan, an increase of 71.98% from -46 million yuan in the previous year [1] - The gross profit margin improved to 14.09%, up 52.09% year-on-year, while the net profit margin was -2.66%, an increase of 61.24% [1] - Total expenses (selling, administrative, and financial) amounted to 73.78 million yuan, accounting for 11.15% of revenue, which is a 23.5% increase year-on-year [1] - Earnings per share improved to -0.07 yuan, a 73.08% increase from -0.26 yuan in the previous year [1] Cash Flow and Debt Analysis - The liquidity ratio reached 0.84, indicating increased short-term debt pressure [1] - Cash and cash equivalents decreased by 23.02% to 251 million yuan [1] - The company’s cash flow situation is concerning, with cash flow from operations per share at -0.05 yuan, a decline of 264.92% year-on-year [3] Investment Return Metrics - The historical median Return on Invested Capital (ROIC) since the company’s listing is 3.97%, with a notably poor ROIC of -19.24% in 2021 [3] - The company has reported losses in five out of its eight financial years since listing, indicating a generally poor investment return profile [3] Shareholder Activity - Several funds have recently adjusted their holdings in Baoming Technology, with notable reductions and new entries among top ten holdings [4]

Group 1 - The company Baoming Technology (SZ 002992) held its fifth board meeting on August 28, 2025, to review the proposal for the 2025 semi-annual report and its summary [1] - For the year 2024, Baoming Technology's revenue composition was 99.98% from display device manufacturing and 0.02% from the new energy lithium battery industry [1]

深圳市宝明科技股份有限公司 2025半年度非经营性资金占用及其他关联资金往来情况汇总表 | 编制单位：深圳市宝明科技股份有限公司 | | | | | | | | | | 单位：万元 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 非经营性资金占用 | 资金占用方名称 | 占用方与上市公 | 上市公司核算的 | 2025年初往来资 | 2025半年度往来累计 | 2025半年度往来资 | 2025半年度偿还 | 2025半年度末往 | 占用形成原因 | 占用性质 | | | | 司的关联关系 | 会计科目 | 金余额 | 发生金额(不含利息) | 金的利息(如有) | 累计发生金额 | 来资金余额 | | | | 控股股东、实际控制人及 | | | | | | | | - | | | | 其附属企业 | | | | | | | | - | | | | | | | | | | | | - | | | | 小计 | — | — | — | - | - | - | - | | - | | | 前控股股东、实际控制人 | | ...

深圳市宝明科技股份有限公司 2025 年半年度财务报告 深圳市宝明科技股份有限公司 2025 年半年度财务报告 （未经审计） 【2025-08】 1 编制单位：深圳市宝明科技股份有限公司 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 251,181,269.25 | 235,780,328.73 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | | | | 衍生金融资产 | | | | 应收票据 | 158,698,077.92 | 95,382,913.42 | | 应收账款 | 452,376,993.99 | 501,958,805.02 | | 应收款项融资 | 83,467,572.89 | 71,558,607.68 | | 预付款项 | 1,008,728.16 | 2,055,963.65 | | 应收保费 | | | | 应收分保账款 | | | | 应收分保合同准备金 | | | | 其他应收款 | 2,234,559.20 | 2,774,954.43 | | 其中 ...

Group 1 - The core point of the article is that Baoming Technology (002992.SZ) reported a decline in revenue and a net loss for the first half of 2025 [1] Group 2 - The company achieved an operating income of 662 million yuan, representing a year-on-year decrease of 8.01% [1] - The net profit attributable to shareholders of the listed company was a loss of 13 million yuan [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of 11.986 million yuan [1] - The basic earnings per share were -0.07 yuan [1]

证券代码：002992 证券简称：宝明科技 公告编号：2025-042 深圳市宝明科技股份有限公司 第五届监事会第十次会议决议公告 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 深圳市宝明科技股份有限公司（以下简称"公司"）第五届监事会第十次会 议于 2025 年 8 月 28 日以现场表决的方式召开，本次会议由监事会主席丁雪莲女 士主持。会议通知于 2025 年 8 月 18 日以邮件、电话或专人送达等方式向各位监 事发出。本次会议应出席监事 3 名，实际出席监事 3 名。本次会议的召开程序符 合《公司法》和《公司章程》等有关规定，合法有效。 特此公告。 深圳市宝明科技股份有限公司 监事会 二、监事会会议审议情况 （一）审议通过了《关于<2025 年半年度报告>及其摘要的议案》 经审核，监事会认为：公司董事会编制和审议的 2025 年半年度报告全文及 摘要的程序符合法律、行政法规及中国证监会的规定，报告内容真实、准确、完 整地反映了公司的实际经营情况，不存在任何虚假记载、误导性陈述或重大遗漏。 表决情况：3 票同意，0 票反对，0 ...

证券代码：002992 证券简称：宝明科技 公告编号：2025-040 深圳市宝明科技股份有限公司 第五届董事会第十次会议决议公告 本议案已经公司第五届董事会审计委员会第十次会议审议通过。 一、董事会会议召开情况 深圳市宝明科技股份有限公司（以下简称"公司"）第五届董事会第十次会 议于 2025 年 8 月 28 日以现场表决的方式召开。本次会议通知于 2025 年 8 月 18 日以邮件、电话或专人送达等方式向各位董事、监事、高级管理人员发出。本次 会议应出席董事 9 名，实际出席董事 9 名。本次会议由董事长李军先生主持，公 司监事、高级管理人员列席会议。本次会议的召开程序符合《公司法》和《公司 章程》等有关规定，合法有效。 二、董事会会议审议情况 （一）审议通过了《关于<2025 年半年度报告>及其摘要的议案》 经审核，与会董事一致认为：2025 年半年度报告全文及摘要所载内容真实、 准确、完整，不存在任何虚假记载、误导性陈述或重大遗漏。 表决情况：9 票同意，0 票反对，0 票弃权。 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。 具体内容详见公司同日 ...

Core Viewpoint - Baoming Technology announced a revenue of 662 million yuan for the first half of 2025, representing a year-on-year decline of 8.01% [1] - The net loss attributable to shareholders of the listed company was 13.0005 million yuan, compared to a net loss of 46.4006 million yuan in the same period last year, indicating a year-on-year reduction in losses of 71.98% [1] Financial Performance - Revenue for the first half of 2025 was 662 million yuan, down 8.01% year-on-year [1] - The net loss for the period was 13.0005 million yuan, a significant improvement from the previous year's loss of 46.4006 million yuan, reflecting a 71.98% reduction in losses [1]