第六届董事会第十五次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 北京易华录信息技术股份有限公司（以下简称"公司"或"易华录"）第六 届董事会第十五次会议于 2025 年 8 月 26 日（星期二）以现场会议的方式在公司 十楼会议室召开，会议通知已于 2025 年 8 月 15 日以专人送达、邮件等方式送达 全体董事。本次会议应出席董事 9 名，实际出席会议董事 9 名，会议由公司董事 长欧黎先生主持，公司其他高级管理人员列席了会议。本次会议的召集和召开符 合《公司法》和《公司章程》的有关规定。 经与会的董事充分讨论与审议，会议形成以下决议： 一、审议通过了《关于<2025 年半年度报告及摘要>的议案》 公司严格按照《证券法》及《深圳证券交易所创业板股票上市规则》的规定， 并根据自身实际情况，完成了《2025 年半年度报告》及《2025 年半年度报告摘 要》的编制及审议工作。公司董事、高级管理人员就该报告签署了书面确认意见。 | 证券代码：300212 | 证券简称：易华录 | | | 公告编号：2025-047 | | --- | --- | ...

Financial Performance - The company's operating revenue for the first half of 2025 was ¥306,926,130.33, representing a decrease of 9.31% compared to ¥338,446,951.68 in the same period last year[22]. - The net loss attributable to shareholders was ¥316,767,511.06, an improvement of 14.02% from a loss of ¥368,402,320.45 in the previous year[22]. - The net cash flow from operating activities improved by 34.99%, amounting to -¥192,239,248.83 compared to -¥295,712,065.04 in the same period last year[22]. - The total assets at the end of the reporting period were ¥10,791,266,952.27, down 5.89% from ¥11,466,468,035.15 at the end of the previous year[22]. - The net assets attributable to shareholders decreased by 32.69%, totaling ¥490,582,742.34 compared to ¥728,809,923.38 at the end of the previous year[22]. - Basic and diluted earnings per share improved to -¥0.4400 from -¥0.5117, reflecting a 14.01% increase[22]. - The weighted average return on net assets was -55.53%, a decline of 44.73% compared to -10.80% in the previous year[22]. - The company's revenue for the first half of 2025 decreased by 9.31% year-on-year, amounting to ¥306,926,130.33, primarily due to seasonal fluctuations in smart transportation and the absence of new revenue from data lake construction[70]. - The company's operating costs slightly increased by 0.10% year-on-year to ¥278,448,347.41, while sales expenses decreased by 21.47% to ¥39,821,808.38 due to structural adjustments in personnel[72]. - The net cash flow from operating activities improved by 34.99% year-on-year, reaching -¥192,239,248.83, reflecting enhanced collection efforts[72]. - The company achieved a significant 366.14% increase in cash flow from investing activities, totaling ¥355,146,224.26, due to the disposal of subsidiary equity[72]. - The company reported a 43.50% increase in income tax expenses to ¥5,310,948.16, primarily due to the expanded scope of consolidated subsidiaries[72]. Business Strategy and Development - The company achieved a focus on smart transportation, leveraging over 20 years of experience in traffic big data to enhance urban governance efficiency through data empowerment[29]. - In the first half of 2025, the company aims to provide a full suite of hardware and software products for urban traffic management, with a diversified layout in various domestic and international traffic scenarios[29]. - The R&D team accounted for 57% of the traffic division, with 7 new authorized invention patents and 4 software copyrights granted during the reporting period[32]. - The company launched the "Xiao Yi" traffic big model and the MT3120 domestically produced signal machine, enhancing self-control and safety stability[32]. - The intelligent connected vehicle safety supervision platform was continuously optimized, providing real-time monitoring and risk warning, thus improving operational efficiency and compliance for enterprises[32]. - The company constructed a standardized digital solution for highways, integrating various sensing methods to enhance proactive traffic management and safety control capabilities[37]. - The company is actively involved in the modernization of the national comprehensive transportation system, offering a series of solutions to address traffic management challenges[34]. - The company has established a marketing structure to expand product sales channels, focusing on key regions such as Beijing, Shandong, and Xinjiang[35]. - The company is developing a cloud control platform and intelligent connected vehicle safety supervision, aiming for a sustainable operational business model[36]. - The company is committed to continuous R&D investment in the transportation management system, enhancing its leading position in the industry[39]. - The company actively participates in international traffic bidding projects, providing smart traffic services to over 10 countries along the "Belt and Road" initiative[40]. - The company has established a complete business chain covering data registration, asset evaluation, and circulation operations in the regional data factor market[43]. - The company has launched over 40 data service and product offerings across more than 10 platforms, serving clients in various sectors including agriculture, transportation, and construction[44]. - The company has successfully implemented data asset evaluation and registration projects in multiple regions, enhancing its brand image in the traffic data assetization field[47]. - The company is developing a comprehensive solution for medical imaging cloud and data assetization, currently piloting in cities like Beijing, Zhejiang, and Fujian[48]. - The company has built a digital economy statistical measurement and evaluation index system for a city, enhancing the management of public data operations[44]. - The company has created a "421" standard data assetization solution for enterprises, facilitating data asset evaluation and management[46]. - The company has developed core products for digital government, including a city brain and integrated government big data platform, enhancing urban governance capabilities[50]. - The company has accumulated over 20 software copyrights covering the entire process from data collection to sharing and exchange[51]. - The company is exploring new models for data assetization in collaboration with various ministries and industry leaders, promoting data value release[49]. - The company's core product "Management Engine" enhances project delivery efficiency and user satisfaction by customizing application systems to address business pain points[53]. - The "Service Engine" rapidly develops data service capabilities, supporting the digital transformation of smart cities through various business application models[53]. - The company launched a smart highway solution that integrates infrastructure data and enhances the intelligence level of highway networks[64]. - The company is a leader in data assetization services, leveraging its early mover advantage and strong competitive position in the local data market[65]. - The company developed a public data operation platform that provides comprehensive services for government and enterprise clients, facilitating data asset management[67]. - The company’s self-developed super intelligent storage system addresses key issues in data storage, contributing to the recognition of its R&D efforts with a national science and technology progress award[68]. Investments and Financial Management - The company has significant restricted assets totaling ¥11,930,115,306.27, with various types of collateral including loans and litigation freezes[82]. - The company’s long-term equity investments amounted to ¥2,295,961,386.68, with a portion pledged as collateral for loans[82]. - The company reported a total fundraising investment of 76,485.05 million yuan, with 69,614.50 million yuan temporarily used to supplement working capital[88]. - The R&D investment for the Super Storage project reached 13.9 million yuan, with a completion rate of 80.1%[90]. - The digital transformation platform project has an investment of 49.5 million yuan, with a completion rate of 66.0%[90]. - The key technology R&D project has an investment of 84.0 million yuan, with a completion rate of 42.3%[90]. - The artificial intelligence R&D project has an investment of 47.1 million yuan, with a completion rate of 30.8%[90]. - The company aims to enhance its market expansion through new technology developments and strategic investments in key projects[88]. - The overall fundraising usage indicates a focus on technological advancements and digital transformation initiatives[88]. - The company has committed to significant investments in R&D to drive future growth and innovation[90]. - The projected completion dates for key projects are set between 2023 and 2026, indicating a long-term strategic vision[90]. Market and User Growth - The company reported a revenue of 987 million, reflecting a growth of 5% compared to the previous period[91]. - User data showed an increase in active users, reaching 64.9 million, up from 58 million[91]. - The company has set a future outlook with a target revenue of 1.46 billion by 2026[91]. - New product development is focused on enhancing video perception services, with an investment of 156 million allocated for this initiative[91]. - The company plans to expand its market presence, aiming for a 100% increase in service offerings by the end of 2023[91]. - A total of 85 million has been committed to strategic acquisitions to bolster growth[91]. - The company has identified a 0% loan repayment plan for the upcoming quarter, indicating strong liquidity[91]. - There are no significant changes in project feasibility, maintaining a stable outlook for ongoing projects[91]. - The company has not encountered any unauthorized changes in fundraising usage, ensuring compliance with regulations[91]. - Overall, the company is on track to meet its projected benefits, with no major deviations reported[91]. Shareholder and Governance Matters - The company will not distribute cash dividends or bonus shares in the upcoming half-year period[114]. - The company has no current employee stock ownership plans or other incentive measures in place[115]. - The company actively practices its mission of being a "practitioner of a strong transportation nation, an enabler of digital transformation, a demonstrator of the big data industry, and a creator of a better life" to drive high-quality development and social responsibility[117]. - The actual controller of the company, China Electronics Technology Group Corporation, is fulfilling its commitments made in the acquisition report, with no violations reported during the reporting period[119]. - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[120]. - There are no violations of external guarantees during the reporting period[121]. - The company has not undergone any bankruptcy reorganization during the reporting period[123]. - A significant lawsuit involving the company has a disputed amount of 10,456.34 million yuan, currently in the process of withdrawal by the plaintiff[124]. - Other lawsuits involving the company have amounts of 29,106.03 million yuan and 28,426.76 million yuan, both currently under trial[124]. - The company has established a comprehensive governance structure to ensure effective supervision and ethical standards among employees[117]. - The company is committed to creating a learning-oriented environment for employees through tailored training programs[117]. - There are no penalties or rectification situations reported during the reporting period[126]. - The company engaged in related party transactions with China Hualu Group, involving entrusted loans amounting to 148,800,000 RMB, which represents 66.49% of the approved amount of 376,000,000 RMB[127]. - The company paid rent to related parties totaling 321,500 RMB, accounting for 36.59% of the approved amount of 1,000,000 RMB[127]. - The company reported a significant increase in the market value of the transferred assets, with a market value of 151,367.72 million RMB, reflecting an increase of 71,390.20 million RMB, or 89.26% over the book value of 79,977.52 million RMB[129]. - The transfer price for 31.7727% of the equity in Guofurui was set at 500 million RMB, based on the assessed net asset value as of March 31, 2025[130]. - Guofurui's net profit for the first half of 2025 is projected to be 22,942,724.36 RMB[130]. - The total amount of related party transactions for the reporting period was 149,492.36 million RMB, with no significant deviations from market prices reported[127]. - The company did not engage in any joint external investment related party transactions during the reporting period[131]. - The company reported a total external guarantee amount of 149,156,000 RMB, with an actual guarantee balance of 42,967,610 RMB, representing 87.58% of the company's net assets[141]. - The company has no significant related party transactions during the reporting period[136]. - There were no major contracts such as custody, contracting, or leasing during the reporting period[137][138][139]. - The company did not provide any guarantees to shareholders, actual controllers, or their related parties[141]. - The company has no significant financial transactions with related financial companies[135]. - The total amount of guarantees approved during the reporting period was 0 RMB, with an actual occurrence of -374,850 RMB[141]. - The company has no significant loans or deposits with related parties during the reporting period[134]. - There were no major changes in the company's shareholding structure during the reporting period[147]. - The company has no significant matters that require explanation during the reporting period[145]. - The company did not engage in any significant new product or technology development during the reporting period[145]. - The total number of restricted shares before the change was 21,380,600, representing 2.97% of the total shares[149]. - The total number of unrestricted shares was 698,511,724, accounting for 97.03% of the total shares[150]. - The largest shareholder, China Hualu Group, holds 229,124,004 shares, which is 31.83% of the total shares[151]. - The second-largest shareholder, Lin Yongjun, holds 28,209,628 shares, representing 3.92% of the total shares[151]. - The company has a total of 719,892,000 shares outstanding, with no changes in the number of shares reported[150]. - The report indicates that there were no significant changes in the number of shares held by major shareholders during the reporting period[152]. - The company has not implemented any share buybacks or reductions in share capital during the reporting period[150]. - The total number of shareholders at the end of the reporting period was 69,612[151]. - The company has not disclosed any new strategies or market expansions in the recent earnings call[152]. - There were no new product launches or technological developments mentioned in the earnings report[152]. - The largest shareholder, China Hualu Group Co., Ltd., holds 229,124,004 shares of common stock, representing a significant portion of the company's equity[153]. - Hualu Capital Holdings Limited, a wholly-owned subsidiary of China Hualu Group, holds 16,345,210 shares of common stock[153]. - The top ten unrestricted shareholders collectively hold a total of 285,000,000 shares of common stock[153]. - The company did not experience any changes in its controlling shareholder or actual controller during the reporting period[156]. - There were no preferred shares issued by the company during the reporting period[157]. - The company has no corporate bonds outstanding during the reporting period[159]. - The company issued bonds with a total balance of 50,000 million RMB, with a coupon rate of 5.5% for the first three years and 3.80% thereafter[161]. - Investors have the option to sell back their bonds at face value on the third interest payment date, providing a level of investor protection[163]. - The company did not engage in any repurchase transactions among its top ten shareholders during the reporting period[154]. - There were no changes in the shareholding of directors, supervisors, and senior management personnel during the reporting period[155]. Risk Management and Compliance - The company is facing cash flow risks due to rapid business transformation and fixed costs not decreasing proportionately with revenue[106]. - The company plans to enhance budget control and prioritize cash flow in project approvals to mitigate financial risks[106]. - The company is addressing human resource risks by improving talent acquisition mechanisms and integrating into the China Electronics Corporation's talent system[107]. - The company has approved a market value management system to enhance its valuation and comply with regulatory requirements[110].

Group 1 - The company announced the results of the bond repurchase for "22 华录 01" during the registration period from July 8 to July 10, 2025, with a total repurchase amount of 500,000 bonds valued at 50 million yuan [1][2] - The repurchase price was set at 100 yuan per bond, excluding interest, with the payment date for the repurchase funds scheduled for August 18, 2025 [1] - Following the repurchase, the company plans to resell the bonds from August 19 to September 15, 2025, with a maximum resale quantity of 500,000 bonds, and the average resale price also set at 100 yuan per bond [2] Group 2 - After the completion of the resale, the remaining custody quantity of "22 华录 01" bonds will be 5 million [2]

| | | 特此公告。 (本页无正文,为《北京易华录信息技术股份有限公司关于"22 华录 01"债券转 售实施结果公告》之盖章页 ) 北京易 育限公司 月2|日 根据《北京易华录信息技术股份有限公司 2022 年面向专业投资者公开发行 公司债券（新基建）（第一期）募集说明书》的约定，"22 华录 01"的债券持有人 在回售登记期内（2025 年 7 月 8 日至 2025 年 7 月 10 日）选择将其所持有的"22 华录 01"全部或部分回售给北京易华录信息技术股份有限公司（以下简称"公司 或"发行人"），回售价格为 100 元/张（不含利息），回售资金发放日为 2025 年 8 月 18 日。 根据中国证券登记结算有限责任公司深圳分公司提供的数据，"22 华录 01" 在回售登记期内回售数量 500,000 张，回售金额 50,000,000 元（不包含利息）。 根据《北京易华录信息技术股份有限公司关于"22 华录 01"回售结果公告》， 发行人于 2025 年 8 月 19 日至 2025 年 9 月 15 日对回售债券实施转售，拟转售债 券数量不超过 500,000 张。本期债券回售转售通过深交所交易 ...

Core Viewpoint - The company is focusing on the market-oriented reform of data elements, positioning data elements as a core direction for strategic transformation, and achieving phased results in data resourceization, assetization, and capitalization [2]. Group 1: Data Element Strategy - The company is leveraging its self-developed Blu-ray storage technology to create integrated storage solutions, promoting efficient and green data storage, and supporting the national "East Data West Computing" strategy [2]. - The company is actively responding to the national call for data element market construction, focusing on building a trusted data space and developing benchmark applications in sectors such as healthcare, cultural heritage, and intelligent driving [2]. - A comprehensive service system covering data authorization consulting, compliance assessment, asset registration, accounting, and value evaluation has been established to support the value realization of data elements [2]. Group 2: Industry Empowerment - The company is concentrating on three major fields: transportation, healthcare, and culture, utilizing its 20 years of experience in transportation services to build a trusted data space for smart travel, logistics optimization, and traffic governance [4]. - In the healthcare sector, the company aims to solve data storage challenges, promote data circulation and sharing, and assist in cost control for medical insurance [4]. - The company is developing a traceable and tradable cultural data resource library and a digital cultural consumption platform to enhance the cultural sector [4]. Group 3: Market Activity - As of August 19, 2025, the company's stock closed at 23.79 yuan, with a slight increase of 0.13%, a turnover rate of 3.87%, a trading volume of 270,200 shares, and a transaction amount of 645 million yuan [1]. - On the same day, the net inflow of main funds was 18.96 million yuan, while speculative funds and retail investors experienced net outflows of 7.15 million yuan and 11.81 million yuan, respectively [6].

Core Viewpoint - The smart bus industry is an emerging sector that integrates advanced technologies such as IoT, 5G, big data, and artificial intelligence with transportation, significantly enhancing the quality and efficiency of public transport and addressing severe traffic congestion issues. The market is expected to grow from 28.704 billion yuan in 2016 to 77.621 billion yuan in 2024, with a compound annual growth rate (CAGR) of 13.24% [1][14]. Industry Overview - Smart buses utilize advanced GPS/Beidou positioning, 3G/4G communication, and GIS technology to optimize bus scheduling and management, improving vehicle utilization and monitoring systems [4]. - The smart bus market is projected to approach 85 billion yuan by 2025, emphasizing data integration and sharing to enhance overall traffic system efficiency [1][14]. Industry Policies - The smart bus sector has seen rapid development due to supportive national policies aimed at promoting smart transportation systems. Key policies include the establishment of new government-enterprise cooperation mechanisms and the encouragement of data resource development [6][8]. - Specific initiatives include the promotion of smart traffic management systems and the integration of various transportation modes into a cohesive green travel system [6][8]. Industry Chain - The smart bus industry chain encompasses hardware components (sensors, chips, monitoring systems) and software systems (satellite positioning, cloud computing), with integration and solution provision being key midstream activities [9]. - Downstream participants include local governments, transportation management departments, and public transport companies, all contributing to the implementation and commercialization of smart bus systems [9]. Market Dynamics - The smart bus market is characterized by low concentration and high regional variability, with major players including Yihualu, Silver River Technology, and Zhidatech, among others [17][18]. - The industry faces challenges in product integration and meeting specific operational needs, leading to a competitive landscape where larger system integrators and hardware manufacturers dominate [17]. Development Trends - The smart bus sector is moving towards increased automation, AI-driven scheduling, and enhanced passenger services, with expectations for L4-level autonomous driving capabilities [22]. - The integration of V2X technology and 5G communication is set to enhance real-time interaction between buses and traffic infrastructure, improving traffic flow and reducing congestion [23]. - Future developments will focus on system integration and standardization, creating unified platforms that combine payment, security, and energy management functionalities [24].

Group 1 - The company Beijing Yihualu Information Technology Co., Ltd. is issuing corporate bonds aimed at professional investors, specifically for new infrastructure projects [1][2] - The bonds will have a coupon rate of 5.50%, with interest payments scheduled for August 17 each year from 2023 to 2025 [2][3] - The interest payment for every 10 bonds (with a face value of 1,000 RMB each) will be 55.00 RMB, with a net payment of 44.00 RMB for individual and fund holders after tax deductions [2][4] Group 2 - The bond registration date is set for August 15, 2025, and all holders registered by this date will receive the interest payment [2][3] - The company has appointed China Securities Depository and Clearing Corporation Limited Shenzhen Branch to handle the interest distribution [3] - Tax obligations for bondholders include a 20% personal income tax on interest income, which will be withheld at the time of payment [4]

股票简称：易华录 股票代码：300212 公告编号：2025-044 债券简称：22 华录 01 债券代码：148002 北京易华录信息技术股份有限公司 发行人决定于 8 月 19 日至 9 月 15 日按照相关规定对本次回售债券进行转 售，本期债券回售转售将通过深交所交易终端"回售转售"栏目完成债券转售业 务申报，拟转售债券数量不超过 500,000 张。发行人承诺本次转售符合相关规定、 约定以及承诺的要求，转售完成后将注销剩余未转售债券。 特此公告。 关于"22 华录 01"回售结果公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 根据《北京易华录信息技术股份有限公司 2022 年面向专业投资者公开发行 公司债券（新基建） "22 华录 01"的债券持有人 （第一期）募集说明书》的约定， 在回售登记期内（2025 年 7 月 8 日至 2025 年 7 月 10 日）选择将其所持有的 22 华录 01 全部或部分回售给北京易华录信息技术股份有限公司（以下简称"公司" 或"发行人"），回售价格为 100 元/张（不含利息），回售资金兑付日为 2025 年 ...

Group 1 - The issuer of the bond is Beijing Yihualu Information Technology Co., Ltd. [1] - The bond is named "Beijing Yihualu Information Technology Co., Ltd. 2022 Publicly Issued Corporate Bonds (New Infrastructure) (Phase I)" with a total issuance scale of 500 million yuan [1][2] - The bond has a term of 5 years with a face value of 100 yuan, issued at par [1][2] Group 2 - The bond has a coupon rate of 5.50%, calculated annually using simple interest [1][2] - The interest payment dates are set for August 17 each year from 2023 to 2027, with provisions for holiday adjustments [2] - The bond's maturity date is August 17, 2027, with early redemption options for investors [2] Group 3 - The bond is guaranteed by China Hualu Group Co., Ltd. with an unconditional and irrevocable joint liability guarantee [2] - The bond received a credit rating of AA+ from a credit rating agency, with a stable outlook [2][3] - The funds raised from the bond issuance will be used entirely to repay the company's interest-bearing debts [3] Group 4 - The bond buyback resulted in 500,000 bonds being repurchased, amounting to 50 million yuan, leaving 4.5 million bonds outstanding [4] - The issuer plans to resell the repurchased bonds from August 19 to September 15, with a maximum of 500,000 bonds available for resale [4] - The buyback and resale arrangements comply with relevant regulations and the terms set forth in the bond issuance documentation [4]

2025年8月 债券代码：148002.SZ 债券简称：22华录01 中德证券有限责任公司关于 "22华录01"转售事项的 受托管理事务临时报告 债券受托管理人 （北京市朝阳区建国路81号华贸中心1号写字楼22层） 重要声明 中德证券有限责任公司（简称"中德证券"）编制本报告涉及的内容来源于发 行人已披露的公开信息。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜做出独立判断，而不应将本报告中的任何内容据以作为中德证券所作的承诺 或声明。 2 一、公司债券基本情况 （一）发行主体：北京易华录信息技术股份有限公司。 （二）债券全称：北京易华录信息技术股份有限公司2022年面向专业投资者 公开发行公司债券（新基建）（第一期），简称："22华录01"（以下简称"本 期债券"）。 （三）发行规模：本期债券发行规模为5亿元。 （四）票面金额及发行价格：本期债券票面金额为100元，按面值平价发行。 （五）债券期限：本期债券期限为5年期，附第3年末发行人调整票面利率选 择权及投资者回售选择权。 （六）债券利率及确定方式：本期债券票面利率为5.50%。债券票面利率采 取单利按年计息，不计复利。 （七 ...