Market Overview - The optical optoelectronics sector experienced a decline of 1.41% on September 3, with Absen leading the drop [1] - The Shanghai Composite Index closed at 3813.56, down 1.16%, while the Shenzhen Component Index closed at 12472.0, down 0.65% [1] Stock Performance - Absen (300389) closed at 15.19, down 8.44% with a trading volume of 255,000 shares and a turnover of 397 million yuan [1] - Huaying Technology (000536) fell by 7.63% to 5.45, with a trading volume of 2.14 million shares and a turnover of 1.204 billion yuan [1] - Other notable declines include Linjie Sensor (300701) down 5.35%, Qianzhao Optoelectronics (300102) down 5.29%, and Fuguang Co., Ltd. (688010) down 4.60% [1] Capital Flow - The optical optoelectronics sector saw a net outflow of 764 million yuan from institutional investors, while retail investors contributed a net inflow of 513 million yuan [1] - The table of capital flow indicates that major stocks like Su Da Weige (300331) and O-film (002456) experienced significant net outflows from institutional and retail investors [2]

经纬辉开（300120.SZ）8月29日在投资者互动平台表示，公司复合铜箔项目主要应用于新能源领域。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：贵公司的复合铜箔，和上市公司铜冠铜箔，有啥区别 吗？能用于哪些行业呢？ ...

证券日报网讯经纬辉开8月27日在互动平台回答投资者提问时表示，公司正在积极推动在大丰投建的复 合铜（铝）箔的项目。 （文章来源：证券日报） ...

金融界消息 截至2025年8月26日收盘，经纬辉开（300120）报收于9.59元，上涨4.58%，换手率 11.42%，成交量60.23万手，成交金额5.66亿元。 资金流向方面，今日主力资金净流入8559.67万元，占比成交额15.11%。其中，超大单净流入4838.87万 元、占成交额8.54%，大单净流入3720.80万元、占成交额6.57%，中单净流出流出4994.90万元、占成交 额8.82%，小单净流出3564.77万元、占成交额6.29%。 经纬辉开最新一期业绩显示，截至2025中报，公司营业总收入12.75亿元、同比减少20.23%，归属净利 润1407.83万元，同比减少70.78%，扣非净利润2194.52万元，同比减少36.92%，流动比率1.842、速动比 率1.304、资产负债率36.03%。 天眼查商业履历信息显示，天津经纬辉开光电股份有限公司，成立于1999年，位于天津市，是一家以从 事计算机、通信和其他电子设备制造业为主的企业。企业注册资本57439.3929万人民币，实缴资本 12170万人民币。公司法定代表人为陈建波。 通过天眼查大数据分析，天津经纬辉开光电股份有限公司共 ...

南方财经8月25日电，经纬辉开（300120.SZ）近日披露的2025年半年度报告,数据显示，公司上半年实 现营业收入12.75亿元，同比下滑20.23%；归母净利润仅1407.83万元，同比暴跌70.78%。对于利润下 滑，公司解释称，主要受国际市场环境、关税政策及生产成本上涨影响，核心的触控显示板块毛利同比 下降，同时利息收入较上年同期减少。报告期内，公司出售全资子公司长沙宇顺显示技术有限公司 100%股权作价1.4亿元。 监管层面的合规性问题与诉讼纠纷同样不容忽视。天津证监局最新通报显示，公司因关联交易未按规定 及时披露、未履行必要审议程序，且相关信息披露不完整，违反《上市公司信息披露管理办法》，对公 司及董事长陈建波等出具警示函。法律纠纷方面，公司涉及多起未决案件：与新辉开科技（深圳）有限 公司的货物买卖合同纠纷涉案金额达43.89万元，目前处于仲裁阶段；股东诺信实起诉子公司诺思（天 津）微系统有限责任公司的知情权纠纷，法院一审已支持原告查阅财务资料等请求；另一起公司决议撤 销纠纷中，法院判决撤销2025年部分股东会、董事会决议。 此外，公司2023年向特定对象发行股份募集的7.15亿元资金，其中4. ...

Core Viewpoint - The financial performance of Jingwei Huikai (300120) for the first half of 2025 shows significant declines in revenue and net profit compared to the previous year, indicating potential challenges in the company's operations and financial health [1]. Financial Performance Summary - Total revenue for the first half of 2025 was 1.275 billion yuan, a decrease of 20.23% year-on-year [1]. - Net profit attributable to shareholders was 14.078 million yuan, down 70.78% year-on-year [1]. - In Q2 2025, total revenue was 688 million yuan, a decline of 17.33% year-on-year, with net profit of 1.2604 million yuan, down 92.45% year-on-year [1]. - The gross profit margin improved to 16.44%, an increase of 29.36% year-on-year, while the net profit margin fell to 1.1%, a decrease of 63.38% year-on-year [1]. - Total operating expenses (sales, management, and financial expenses) amounted to 132 million yuan, representing 10.32% of revenue, an increase of 23.35% year-on-year [1]. - Earnings per share dropped to 0.02 yuan, a decrease of 70.80% year-on-year [1]. Cash Flow and Debt Analysis - The net cash flow from operating activities decreased by 58.59%, attributed to increases in receivables and inventory [3]. - The company’s cash assets are considered healthy, but the cash flow situation raises concerns, with cash assets to current liabilities ratio at 65.63% [4]. - The company’s receivables are notably high, with accounts receivable amounting to 3524.81% of net profit [4]. Investment and Return Metrics - The company's return on invested capital (ROIC) for the previous year was 1.45%, indicating weak capital returns [3]. - Historical data shows a median ROIC of 2.67% over the past decade, with a particularly poor performance in 2023, where ROIC was -6.37% [3]. - The company has experienced one loss year since its IPO, suggesting a need for further investigation into the underlying causes of its financial performance [3].

Core Viewpoint - The article discusses the performance of eight display-related companies in the first half of 2025, highlighting their revenue and net profit changes, as well as the factors influencing their financial results. Group 1: Company Performance - Visionox reported revenue of 4.12 billion yuan, a year-on-year increase of 4.79%, but a net loss of 1.06 billion yuan, which is a reduction in loss compared to the previous year [3][4] - Goodix achieved revenue of 2.25 billion yuan, a slight decrease of 0.20%, while net profit rose by 35.74% to 430 million yuan, attributed to increased sales of innovative products [6][8] - Ruile New Materials saw revenue of 806 million yuan, up 16.27%, and net profit of 166 million yuan, a significant increase of 74.22%, driven by strong performance in the pharmaceutical sector [9][10] - Hanbo High-tech's revenue reached 1.55 billion yuan, a substantial increase of 50.84%, with a reduced net loss [11][12] - Akitamicro reported revenue of 631 million yuan, up 21.37%, but a net profit decline of 5.78% to 51 million yuan [16][17] - Jingwei Huikai experienced a revenue drop of 20.23% to 1.27 billion yuan and a net profit decrease of 70.78% to 14 million yuan [19][20] - Puyang Huicheng's revenue was 721 million yuan, a slight increase of 0.36%, but net profit fell by 37.22% to 70 million yuan [22][23] - Suijing Optoelectronics reported revenue of 165 million yuan, a growth of 33.04%, but incurred a net loss of 17 million yuan [25][26] Group 2: Industry Trends and Insights - Visionox focused on optimizing product structure, emphasizing AMOLED display products, leading to a 9.66% increase in OLED product revenue [5] - Goodix's revenue decline was attributed to changes in customer demand and inventory management, while its gross margin improved from 42.0% to 43.3% due to reduced chip procurement costs [8] - Ruile New Materials' growth was driven by a strong pharmaceutical segment and effective cost control measures [10] - Hanbo High-tech expanded its market in automotive backlight display modules, successfully collaborating with several Tier 1 suppliers [13][14] - Akitamicro's new production base in Thailand is expected to enhance its core business in display devices and embedded software development [18] - Jingwei Huikai's profit decline was influenced by international market conditions and increased production costs [21] - Puyang Huicheng's revenue growth in its anhydride derivatives business was notable, with a 3.74% increase [24] - Suijing Optoelectronics saw significant growth in its automotive LED segment, with a 241.15% increase in sales [27][28]

格隆汇8月21日丨经纬辉开(300120.SZ)公布2025年半年度报告，上半年公司实现营业收入12.75亿元，同 比下降20.23%；归属于上市公司股东的净利润1407.83万元，同比下降70.78%；归属于上市公司股东的 扣除非经常性损益的净利润2194.52万元，同比下降36.92%；基本每股收益0.0245元。 ...

证券代码：300120 证券简称：经纬辉开 公告编号：2025-33 天津经纬辉开光电股份有限公司 第六届监事会第十一次会议决议公告 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。 天津经纬辉开光电股份有限公司（以下称"公司"）第六届监事会第十一次 会议于 2025 年 8 月 20 日北京时间 11:00 在公司会议室以现场方式召开。会议通 知于 2025 年 8 月 12 日以邮件方式送达了全体监事，会议应出席监事 3 人，实际 出席监事 3 人。会议由监事会主席杨深钦先生主持。会议的通知、召集、召开和 表决程序符合《公司法》和《公司章程》的有关规定。会议经审议，通过投票表 决方式通过以下议案： 一、审议通过了《关于公司 2025 年半年度报告及其摘要的议案》 经审核，监事会认为董事会编制和审核公司 2025 年半年度报告及其摘要的程 序符合法律、行政法规和中国证监会的规定，报告内容真实、准确、完整地反映 了上市公司的实际情况，不存在任何虚假记载、误导性陈述或重大遗漏。 表决结果：同意 3 票，反对 0 票，弃权 0 票。 二、审议通过了《关于公司<202 ...

天津经纬辉开光电股份有限公司 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、召开会议的基本情况 证券代码：300120 证券简称：经纬辉开 公告编号：2025-40 （八）会议地点：深圳市龙岗区横岗街道力嘉路102号新辉开科技（深圳） 有限公司会议室 二、会议审议事项 （一）股东大会届次：2025年第三次临时股东大会 （二）会议召集人：天津经纬辉开光电股份有限公司董事会 （三）会议召开的合法、合规性：经本公司第六届董事会第十二次会议审议 通过，决定召开2025年第三次临时股东大会,本次股东大会会议召开符合《公司 法》、《证券法》、《深圳证券交易所创业板股票上市规则》等有关法律、行政 法规、部门规章、规范性文件和《公司章程》的要求。 （四）会议时间： 通过深圳证券交易所互联网系统投票的时间为 2025 年 9 月 9 日 9:15-15:00 期间 的任意时间。 （五）召开方式：本次股东大会采取现场表决与网络投票相结合的方式。公 司将通过深圳证券交易所交易系统和深圳证券交易所互联网投票系统向公司股 东提供网络形式的投票平台，股东可以在网络投票时间内通过上述 ...