Financial Performance - The company's revenue for Q1 2025 was ¥306,804,938.19, a decrease of 15.41% compared to ¥362,716,626.90 in the same period last year[5]. - The net loss attributable to shareholders was ¥17,605,247.31, representing a 79.79% increase in losses from ¥9,792,070.04 in the previous year[5]. - The net loss for the current period was ¥20,268,691.79, compared to a net loss of ¥10,772,059.77 in the previous period, indicating a worsening of 88.5%[20]. - The operating profit (loss) for the current period was -¥18,609,409.72, compared to -¥9,506,103.34 in the previous period, showing an increase in loss of 96.5%[20]. - The company reported a total comprehensive loss of ¥20,268,691.79 for the current period, compared to a loss of ¥10,772,059.77 in the previous period[21]. Cash Flow - The net cash flow from operating activities was -¥38,516,308.17, a decline of 105.98% compared to -¥18,699,177.84 in the previous year[10]. - Cash inflow from operating activities was ¥342,008,810.10, slightly down from ¥346,322,712.93 in the previous period[22]. - The net cash flow from financing activities increased to ¥55,967,061.29 from ¥7,474,544.93, showing improved financing conditions[23]. - The total cash and cash equivalents at the end of the period were ¥70,889,330.62, up from ¥48,297,393.87, indicating a positive cash position[23]. - The net increase in cash and cash equivalents was ¥4,657,419.39, contrasting with a significant decrease of -¥83,150,581.31 in the prior period, indicating a recovery in cash flow[23]. Assets and Liabilities - Total assets increased by 3.64% to ¥2,280,865,258.02 from ¥2,200,717,300.62 at the end of the previous year[5]. - Total liabilities increased to ¥1,131,774,582.86 from ¥1,034,380,925.12, representing a growth of about 9.4%[16]. - The total liabilities increased to ¥1,555,693,126.85 from ¥1,456,829,733.88, marking an increase of 6.8%[20]. - Total equity attributable to shareholders decreased by 2.21% to ¥711,201,240.94 from ¥727,253,232.03 at the end of the previous year[5]. - Total equity decreased to ¥725,172,131.17 from ¥743,887,566.74, reflecting a decline of 2.5%[20]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 9,017[12]. - The largest shareholder, Shenzhen Baoming Investment Co., Ltd., holds 30.25% of shares, totaling 55,068,000 shares, with 6,535,973 shares frozen[12]. Inventory and Expenses - The company experienced a 33.55% increase in inventory, rising to ¥103,000,537.82 from ¥77,124,625.11 due to increased sales order preparations[9]. - Total operating costs decreased to ¥327,221,349.13 from ¥372,345,776.59, reflecting a reduction of 12.1%[19]. - Research and development expenses increased to ¥23,590,877.31 from ¥20,913,605.96, representing a rise of 8.1%[20]. Financial Activities - The company recorded a 155.54% increase in asset disposal gains, totaling ¥862,541.75 compared to a loss of -¥1,553,146.02 in the previous year[9]. - Cash outflow from investing activities totaled ¥14,708,940.64, significantly down from ¥72,400,052.89 in the prior period, reflecting reduced investment expenditures[23]. - The company incurred a cash outflow of ¥68,700,000.00 for debt repayment, down from ¥148,300,000.00, suggesting a strategy to manage debt levels[23]. Other Financial Metrics - The company's basic and diluted earnings per share were both -¥0.10, a 100% decrease from -¥0.05 in the same period last year[5]. - The company has no preferred shareholders or significant changes in the top 10 shareholders participating in margin trading[14]. - There are no new strategies or significant mergers and acquisitions reported during this period[14].

Business Scope and Strategy - The company reported a change in its main business scope as of December 21, 2023, expanding to include new material technology research and development, emerging energy technology research, and the manufacturing and sales of new film materials and electronic special materials [20]. - The company plans not to distribute cash dividends, issue bonus shares, or increase capital using reserves [5]. - The company emphasizes that future operational plans and targets do not represent profit forecasts and are subject to market condition uncertainties [4]. - The company is engaged in the research and production of new flat panel display devices and lithium battery materials, indicating a focus on innovation and market expansion [31]. - The company aims to accelerate the electrification of urban public transport, supporting the replacement of old energy buses and power batteries [35]. - The company plans to enhance the recycling and resource utilization of used power batteries in the new energy vehicle sector [35]. - The company is focusing on improving battery energy density and reducing thermal runaway risks in lithium-ion and lead-acid batteries [35]. - The company aims to enhance its market share in the small and medium-sized backlight source market, focusing on key customers in the automotive sector [150]. - The company will actively promote the construction of key projects to prepare for new product expansion based on market demand [155]. - The company plans to enhance its product structure and improve integration capabilities along the display industry chain [147]. Financial Performance - The company's operating revenue for 2024 reached ¥1,523,236,467.18, representing a 15.34% increase compared to ¥1,320,636,750.51 in 2023 [21]. - The net profit attributable to shareholders improved to -¥76,350,191.15 in 2024, a 38.35% reduction in losses from -¥123,852,365.86 in 2023 [21]. - The cash flow from operating activities turned positive at ¥101,614,129.71, a significant increase of 223.37% from -¥82,366,800.02 in the previous year [21]. - The basic and diluted earnings per share improved to -¥0.43, a 37.68% increase compared to -¥0.69 in 2023 [21]. - The company reported a quarterly revenue of ¥442,128,649.56 in Q4 2024, with a notable recovery in net profit losses to -¥2,895,854.42 [26]. - Non-operating income for 2024 totaled ¥8,395,316.59, significantly higher than ¥1,963,701.52 in 2023, primarily due to government subsidies [28]. - The company reported a total revenue of 224.4 million in the latest financial period, representing a significant increase from 125.7 million in the previous period, marking an increase of approximately 78% [186]. - The company achieved a net profit of 3,461,747 yuan from its subsidiary Huizhou Bao Ming, contributing significantly to overall performance [146]. Market Trends and Industry Support - The Chinese government is actively supporting the flat panel display industry through various policies, aiming to enhance the development of new display technologies such as quantum dot and holographic displays [33]. - The Guangdong provincial government plans to develop the ultra-high-definition video industry, targeting over 1 trillion yuan in revenue and establishing more than 3 industrial clusters by 2025 [33]. - The National Development and Reform Commission has included OLED, Mini LED, and Micro LED technologies in the encouraged development projects for the flat panel display sector [34]. - The lithium battery industry is recognized as a key sector for national support, with policies aimed at fostering a favorable environment for its growth [34]. - The government aims to enhance the competitiveness of the information technology industry by promoting innovations in artificial intelligence, advanced communication, and new display technologies [34]. - The government aims for new energy vehicles to account for 20% of total vehicle sales by 2025, with a long-term goal of achieving international competitiveness in core technologies by 2035 [36]. - The global sales of new energy vehicles are expected to reach 18.236 million units in 2024, reflecting a year-on-year growth of 24.4% [63]. - The Chinese new energy vehicle sales are projected to reach 12.87 million units in 2024, representing a year-on-year growth of 35.5% [54]. Research and Development - The company has a total of 176 patents, including 22 invention patents and 154 utility model patents, enhancing its technological innovation capabilities [99]. - The company is actively investing in the research and development of lithium battery composite copper foil products, aiming to create new performance growth points for the future [100]. - The company’s R&D expenses increased by 21.22% year-on-year to 10,179.05 million yuan, reflecting its commitment to innovation [110]. - The company has established strategic partnerships with leading manufacturers in the display module industry, ensuring stable customer resources [105]. - The company has a complete research and development system, allowing for independent innovation and product development [176]. Governance and Management - The company has established a strong governance structure with independent directors overseeing key decisions, ensuring transparency and accountability [191]. - The management team consists of experienced professionals with backgrounds in various sectors, including finance, engineering, and technology, which supports the company's strategic initiatives [189]. - The company has a structured governance framework with clear roles for directors and supervisors, enhancing accountability [199]. - The company has implemented a value management system approved by the board in April 2025, which will be disclosed alongside the 2024 annual report [163]. - The company emphasizes the importance of information disclosure, ensuring all shareholders have equal access to information through designated media and communication channels [172]. Operational Efficiency and Market Position - The company is currently focusing on expanding its market presence and exploring potential mergers and acquisitions to drive growth [187]. - The company aims to enhance its operational efficiency through strategic partnerships and collaborations within the industry [187]. - The company is committed to maintaining a robust financial position while pursuing innovative strategies to adapt to market changes [187]. - The company has established effective control measures for investment management, including decision-making, supervision, and post-evaluation to mitigate investment risks [160]. - The company has a transparent performance evaluation and incentive mechanism for directors and senior management to ensure the achievement of strategic and operational goals [173].

证券代码：002992 证券简称：宝明科技 公告编号：2025-010 深圳市宝明科技股份有限公司 关于为控股二级子公司提供担保的进展公告 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、担保情况概述 二、担保进展情况 深圳市宝明科技股份有限公司（以下简称"公司"）分别于 2024 年 4 月 26 日召开第五届董事会第五次会议、2024 年 5 月 20 日召开公司 2023 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（综合授信/贷款包括但不限于流动资金贷款、 项目贷款、供应链融资、融资租赁、银行承兑汇票、保函、保理、开立信用证、 押汇、贸易融资、票据贴现、票据池质押融资等综合授信业务）。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 2024 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 ...

证券代码：002992 证券简称：宝明科技 公告编号：2025-009 深圳市宝明科技股份有限公司 关于全资子公司为公司提供担保的进展公告 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、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 2024 年 4 月 26 日召开第五届董事会第五次会议、2024 年 5 月 20 日召开公司 2023 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（综合授信/贷款包括但不限于流动资金贷款、 项目贷款、供应链融资、融资租赁、银行承兑汇票、保函、保理、开立信用证、 押汇、贸易融资、票据贴现、票据池质押融资等综合授信业务）。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 2024 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 ...

二、进展情况 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、概述 深圳市宝明科技股份有限公司（以下简称"公司"）与上海银行股份有限公司深圳分行签订了《固定资产 借款合同》，借款金额为人民币叁亿元整。公司以自有土地使用权【权证编号：粤（2022）深圳市不动 产权第0013685号】为上述借款提供抵押担保。具体内容详见公司于2025年3月14日在《证券时报》《中 国证券报》《上海证券报》《证券日报》和巨潮资讯网（http://www.cninfo.com.cn）上披露的《关于为 公司提供担保的进展公告》（公告编号：2025-007）。 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002992 证券简称：宝明科技 公告编号：2025-008 深圳市宝明科技股份有限公司 关于公司完成不动产权抵押登记的公告 公司于近日办理完成了不动产权抵押登记手续，并取得了深圳市不动产登记中心出具的《不动产登记证 明》。 三、对公司的影响 特此公告。 深圳市宝明科技股份有限公司 董事会 2025年4月10日 公司本次以资产抵押进行借款是为了满足公司日常运营需要，该 ...

证券代码：002992 证券简称：宝明科技 公告编号：2025-008 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。 关于公司完成不动产权抵押登记的公告 一、概述 深圳市宝明科技股份有限公司（以下简称"公司"）与上海银行股份有限公 司深圳分行签订了《固定资产借款合同》，借款金额为人民币叁亿元整。公司以 自有土地使用权【权证编号：粤（2022）深圳市不动产权第 0013685 号】为上述 借款提供抵押担保。具体内容详见公司于 2025 年 3 月 14 日在《证券时报》《中 国证券报》《上海证券报》《证券日报》和巨潮资讯网（http://www.cninfo.com.cn） 上披露的《关于为公司提供担保的进展公告》（公告编号：2025-007）。 二、进展情况 公司于近日办理完成了不动产权抵押登记手续，并取得了深圳市不动产登记 中心出具的《不动产登记证明》。 深圳市宝明科技股份有限公司 董事会 2025 年 4 月 10 日 公司本次以资产抵押进行借款是为了满足公司日常运营需要，该抵押借款事 项的财务风险处于公司可控范围内，不会对公司的正常运作和业务发展造成不 ...

证券代码：002992 证券简称：宝明科技 公告编号：2025-007 深圳市宝明科技股份有限公司 关于为公司提供担保的进展公告 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、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 2024 年 4 月 26 日召开第五届董事会第五次会议、2024 年 5 月 20 日召开公司 2023 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（综合授信/贷款包括但不限于流动资金贷款、 项目贷款、供应链融资、融资租赁、银行承兑汇票、保函、保理、开立信用证、 押汇、贸易融资、票据贴现、票据池质押融资等综合授信业务）。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 2024 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 ...

证券代码：002992 证券简称：宝明科技 公告编号：2025-006 深圳市宝明科技股份有限公司 关于全资子公司为公司提供担保的进展公告 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、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 2024 年 4 月 26 日召开第五届董事会第五次会议、2024 年 5 月 20 日召开公司 2023 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（综合授信/贷款包括但不限于流动资金贷款、 项目贷款、供应链融资、融资租赁、银行承兑汇票、保函、保理、开立信用证、 押汇、贸易融资、票据贴现、票据池质押融资等综合授信业务）。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 2024 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 ...

Financial Performance Expectations - The company expects a net loss attributable to shareholders of between 75 million and 95 million yuan for the year 2024, compared to a loss of 123.85 million yuan in the same period last year, representing a reduction in loss of 23.30% to 39.44%[3] - The net loss after deducting non-recurring gains and losses is projected to be between 86.74 million and 106.74 million yuan, down from a loss of 125.82 million yuan last year, indicating a reduction in loss of 15.16% to 31.06%[3] - The basic earnings per share is expected to be a loss of between 0.42 and 0.53 yuan, compared to a loss of 0.69 yuan per share in the previous year[3] Operational Challenges - The main reason for the performance change is ongoing operational losses due to intense market competition and persistently low product sales prices, which do not fully cover the company's costs and expenses[6] - The company's main business revenue and product gross margin have improved compared to the previous year, but the overall financial performance remains negative due to external market pressures[6] Asset Management and Impairment - The company has conducted a comprehensive review and impairment testing of its assets, leading to the recognition of impairment provisions for certain assets showing signs of impairment[7] Financial Reporting and Audit - The financial data presented is preliminary and has not been audited by the accounting firm, with final figures to be disclosed in the 2024 annual report[8] - The company advises investors to make cautious decisions and be aware of investment risks due to the preliminary nature of the earnings forecast[8] - The earnings forecast period is from January 1, 2024, to December 31, 2024[3] - The company has communicated with the auditing accounting firm regarding the earnings forecast, and there are no discrepancies in the reported figures[4]

证券代码：002992 证券简称：宝明科技 公告编号：2024-055 深圳市宝明科技股份有限公司 股票交易异常波动公告 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、股票交易异常波动的情况介绍 三、是否存在应披露而未披露信息的说明 本公司董事会确认，本公司目前没有任何根据《深圳证券交易所股票上市规 则》等有关规定应予以披露而未披露的事项或与该事项有关的筹划、商谈、意向、 协议等；董事会也未获悉本公司有根据《深圳证券交易所股票上市规则》等有关 规定应予以披露而未披露的、对本公司股票及其衍生品种交易价格产生较大影响 的信息；公司前期披露的信息不存在需要更正、补充之处。 四、风险提示 深圳市宝明科技股份有限公司（以下简称"公司"或"本公司"）股票（证 券简称：宝明科技，证券代码：002992）连续三个交易日（2024 年 12 月 26 日、 2024 年 12 月 27 日、2024 年 12 月 30 日）收盘价格涨幅偏离值累计超过 20.00%， 根据深圳证券交易所有关规定，属于股票交易异常波动情况。 二、公司关注及核实情况说明 针对公司股票交易异常波 ...