Core Viewpoint - Guangdong Silver Age Technology Co., Ltd. reported significant growth in revenue and net profit for the first half of 2025, indicating strong performance in the modified plastics and smart lighting sectors [5][14]. Financial Performance - The company achieved operating revenue of 1.085 billion yuan, a 23.99% increase compared to 875 million yuan in the same period last year [5][14]. - Net profit attributable to shareholders reached 47.78 million yuan, up 82.39% from 26.19 million yuan year-on-year [5][14]. - The basic earnings per share increased to 0.1046 yuan, reflecting an 82.23% rise from 0.0574 yuan [5][14]. - The net cash flow from operating activities improved significantly to 7.17 million yuan, compared to a negative 30.63 million yuan in the previous year, marking a 123.42% increase [5][14]. Business Overview - The company focuses on high-performance polymer materials, with applications in automotive, home appliances, electronics, and new energy sectors [8][14]. - The modified plastics industry is experiencing a shift towards lightweight and environmentally friendly materials, driven by demand in the automotive and electronics sectors [6][9]. - The smart lighting market is expanding rapidly, with a sales scale of approximately 300 billion yuan in the first half of 2025, supported by technological advancements and consumer demand [7][8]. Industry Trends - The modified plastics sector is seeing increased demand for high-temperature and flame-retardant materials, particularly in the context of energy-efficient appliances and 5G technology [6][9]. - The rise of biobased modified plastics is being accelerated by stringent environmental regulations, with a projected compound annual growth rate of 15% for biobased modifiers by 2025 [6][9]. - The circular economy for waste plastics is gaining traction, with a market size expected to exceed 50 billion yuan by 2025, focusing on chemical recycling technologies [7][9]. Competitive Advantages - The company holds 121 patents, including 66 invention patents, showcasing its commitment to innovation in the modified plastics industry [14]. - The production process for modified plastics involves advanced techniques such as blending and extrusion, ensuring high-quality output tailored to customer specifications [9][10]. - The company has established a robust technical service system to support customer needs, enhancing its competitive edge in the market [15][16].

| | | | | 广东银禧科技股份有限公司 | 2025 年半年度 | | --- | --- | --- | --- | --- | --- | | 报告摘要 | | | | | | | 证券简称：银禧科技 | 证券代码：300221 | | | | 公告编号： | | 2025-47 | | | | | | | 广东银禧科技股份有限公司 | | 2025 年半年度报告摘要 | | | | | 一、重要提示 | | | | | | | 本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规划，投 | | | | | | | 资者应当到证监 | | | | | | | 会指定媒体仔细阅读半年度报告全文。 | | | | | | | 所有董事均已出席了审议本报告的董事会会议。 | | | | | | | 非标准审计意见提示 | | | | | | | □适用 ?不适用 | | | | | | | 董事会审议的报告期利润分配预案或公积金转增股本预案 | | | | | | | □适用 ?不适用 | | | | | | | 公司计划不派发现金红利，不送红股，不以公积金转增股本。 | ...

因此，我们同意本次拟解除限售的激励对象名单，并同意公司为符合解除限 售条件的 47 名激励对象办理首次授予部分第一类限制性股票第一个解除限售期 解除限售事宜。 特此公告。 广东银禧科技股份有限公司 监事会 广东银禧科技股份有限公司 监事会关于 2024 年限制性股票激励计划首次授予 第一类限制性股票第一期解除限售激励对象名单的核查意见 广东银禧科技股份有限公司（以下简称"银禧科技"或"公司"）于 2025 年 8 月 7 日召开第六届监事会第十七次会议，审议通过了《关于 2024 年限制性股 票激励计划首次授予第一类限制性股票第一个解除限售期解除限售条件成就的议 案》，根据《公司法》《证券法》、《上市公司股权激励管理办法》（以下简称 "《管理办法》"）、等有关法律、法规和规范性文件以及《公司章程》的规定， 对公司 2024 年限制性股票激励计划第一期解除限售激励对象名单进行审核，发表 核查意见如下： 经审核，监事会认为：公司本次拟解除限售第一类限制性股票的 47 名激励对 象具备《公司法》《管理办法》等法律、法规和规范性文件及《公司 2024 年限制 性股票激励计划》（以下简称"《激励计划》"或"本激励计划" ...

Summary of Key Points Core Viewpoint - The report outlines the non-operating fund occupation and other related fund transactions of Guangdong Yinhui Technology Co., Ltd. for the first half of 2025, detailing the amounts involved and the nature of these transactions [1]. Group 1: Non-operating Fund Occupation - The total non-operating fund occupation at the beginning of 2025 was 139,999.4 thousand yuan, with a cumulative occupation of 282,908.9 thousand yuan in the first half of 2025, leading to a balance of 291,311.7 thousand yuan by the end of June 2025 [1]. - The report categorizes the fund occupation by related parties, including the controlling shareholder and its subsidiaries, indicating significant amounts involved in non-operating transactions [1]. Group 2: Related Party Transactions - Specific subsidiaries such as Yinhui Engineering Plastics (Dongguan) Co., Ltd. and Yinhui Technology (Hong Kong) Co., Ltd. are highlighted, showing substantial amounts in other receivables, with 13,269.63 thousand yuan and 3,002.87 thousand yuan respectively during the first half of 2025 [1]. - The report also notes that various subsidiaries have ongoing non-operating transactions, with some subsidiaries like Dongguan Yinhui New Materials Co., Ltd. showing a significant increase in receivables amounting to 9,410.07 thousand yuan [1].

Summary of Key Points Core Viewpoint - The company has conducted a comprehensive review and impairment testing of its assets as of June 30, 2025, to accurately reflect its financial condition and operational results, in accordance with relevant accounting standards and regulations [1]. Group 1: Impairment Preparation Overview - The company has recognized the need to provide impairment provisions for various assets, including accounts receivable, inventory, fixed assets, intangible assets, investment properties, and goodwill, based on a thorough assessment of potential impairment indicators [1][2]. - The total amount of credit and asset impairment provisions recognized amounts to approximately 257.24 million yuan, reflecting an increase from the previous period [2]. Group 2: Specific Impairment Details - Accounts receivable impairment provisions increased from approximately 193.55 million yuan to 197.24 million yuan, with a provision of about 3.67 million yuan made during the period [2]. - Inventory impairment provisions rose from approximately 8.15 million yuan to 10.73 million yuan, with a provision of about 3.17 million yuan made [2]. - Fixed asset impairment provisions were adjusted to approximately 5.11 million yuan, reflecting a decrease due to disposals [2]. - Intangible asset impairment provisions increased to approximately 21.05 million yuan, with a provision of about 1.00 million yuan made [2]. Group 3: Impairment Recognition Standards and Methods - The company applies the allowance method for recognizing potential bad debts, conducting impairment tests at the end of the period and recording provisions in the current period's profit and loss [3][4]. - Impairment provisions for inventory are determined based on the estimated net realizable value, which considers the estimated selling price minus estimated costs and related taxes [5]. - Long-term assets, including fixed assets and goodwill, undergo impairment testing if there are indications of impairment, with provisions made if the recoverable amount is less than the carrying amount [7]. Group 4: Impact of Impairment Provisions - The recognition of credit and asset impairment provisions aligns with accounting standards and reflects the company's actual situation, ensuring that financial information is more accurate and reasonable [6][8].

证券代码：300221 证券简称：银禧科技 公告编号：2025-51 广东银禧科技股份有限公司 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。 为进一步提升投资者服务质量，优化投资者沟通渠道，广东银禧科技股份有 限公司（以下简称"公司"）将自2025年8月9日起启用新的投资者关系专用电话， 原联系电话不再作为投资者关系专用电话使用。现将相关情况公告如下： 变更事项 变更前 变更后 投资者关系专用电话 0769-38858388 18988733388 除上述调整外，公司其他联系方式保持不变，敬请投资者留意。若由此给您 带来不便，敬请谅解。 欢迎广大投资者通过上述渠道与公司沟通交流。 特此公告。 广东银禧科技股份有限公司 董事会 ...

Core Viewpoint - The legal opinion issued by Grandway Law Offices confirms that Guangdong Yinhui Technology Co., Ltd. has met the conditions for the first unlock period of its 2024 restricted stock incentive plan, allowing 47 individuals to unlock a total of 5.56 million shares [1][9]. Group 1: Unlock Conditions - A total of 47 individuals are eligible for the unlock, with 5.56 million shares available for release, which represents a significant portion of the company's total share capital [2][9]. - The first unlock period allows for 50% of the restricted shares to be released after 12 months from the grant date, with a second unlock period allowing for the remaining 50% after 24 months [2][3]. - The conditions for unlocking include meeting specific performance targets, such as achieving a net profit of no less than 40 million yuan in 2024 and 48 million yuan in 2025 [4][5]. Group 2: Compliance and Procedures - The company has followed necessary procedures, including board approval and verification of the eligibility of the 47 individuals, ensuring compliance with relevant regulations [7][8]. - The independent directors have confirmed that the conditions for unlocking have been met and that the company has the necessary qualifications to implement the stock incentive plan [8][9]. - The legal opinion concludes that all required legal procedures have been fulfilled, and the conditions for unlocking the restricted shares have been satisfied, pending the formal unlocking process [9].

Core Viewpoint - The report outlines the conditions for the first unlock period of the 2024 stock incentive plan for Guangdong Yinxin Technology Co., Ltd, confirming that the necessary conditions for unlocking have been met [1][10][14] Group 1: Independent Financial Advisor Report - The independent financial advisor, Shanghai Miaodao Enterprise Management Consulting Co., Ltd, was commissioned to provide an opinion on the 2024 stock incentive plan for Yinxin Technology [1][2] - The report is based on the assumption that there are no significant changes in laws, regulations, or the market environment affecting the company [5][6] - The advisor confirms that the information provided by Yinxin Technology is accurate and complete, and there are no substantial discrepancies in the disclosed documents [2][3] Group 2: Conditions for Unlocking - The first unlock period for the stock incentive plan began on July 17, 2024, and ended on July 16, 2025, allowing for the unlocking of 50% of the granted restricted stocks [10][11] - The company has not encountered any negative audit opinions or violations of profit distribution regulations, thus meeting the conditions for unlocking [10][12] - The performance target for the company in 2024 was set at a net profit of no less than 40 million yuan, which was achieved, allowing for the unlocking of stocks [12][13] Group 3: Details of the Unlocking - A total of 47 individuals met the conditions for unlocking, with 5.56 million shares eligible for release, representing 1.16% of the company's total shares [13][14] - The unlocking process involved adjustments due to one individual voluntarily giving up their shares, reducing the total from 49 to 48 participants [10][13] - The company plans to repurchase and cancel any shares that do not meet the unlocking conditions due to individual performance evaluations [12][13]

证券代码：300221 证券简称：银禧科技 公告编号：2025-48 广东银禧科技股份有限公司 关于 2024 年限制性股票激励计划首次授予第一类限制性股票第 告本激励计划草案时在公司（含子公司）任职并与公司或子公司签署劳动合同或 聘用合同的董事、高级管理人员及核心骨干人员。 约占本激励计划草案公布日公司股本总额 47,455.7935 万股的 2.73%。其中，首 次授予限制性股票 1,124.00 万股，约占本激励计划草案公布日公司股本总额的 本激励计划草案公布日公司股本总额的 0.36%，占本激励计划拟授出限制性股票 总数的 13.27%。 象获授的限制性股票完成登记之日起算。授予日与首次解除限售日之间的间隔不 得少于 12 个月。 一个解除限售期解除限售条件成就的公告 本公司及其董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 重要内容提示： 售暨上市流通的公告，敬请投资者关注。 广东银禧科技股份有限公司（以下简称"银禧科技"或"公司"）于 2025 年 8 月 《关于 2024 年限制性股票激励计划首次授予第一类限制性股票第一个解除限售 期解除限售条件成就的议案》， ...

银禧科技8月8日披露半年报，公司上半年实现营业收入10.85亿元，同比增长23.99%；归属于上市公司 股东的净利润4777.54万元，上年同期2619.34万元，同比增长82.39%；基本每股收益0.1046元。 ...