格隆汇8月14日丨中威电子(300270.SZ)公布2025年半年度报告，上半年公司实现营业收入3775.88万元， 同比下降44.13%；归属于上市公司股东的净利润-3908.28万元；归属于上市公司股东的扣除非经常性损 益的净利润-4019.45万元；基本每股收益-0.13元。 ...

| | | | 要 | | | | | | --- | --- | --- | --- | --- | | 证券代码：300270 证券简称：中威电子 | | | | 公告编号： | | 2025-032 | | | | | | 2025 | 杭州中威电子股份有限公司 | 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。 | | | | | | 董事会决议通过的本报告期优先股利润分配预案 | | | | | | □适用 | ?不适用 | | | | | ...

Core Viewpoint - The company, Joyware Electronics Co., Ltd, reported a significant decline in revenue and net profit for the first half of 2025, indicating challenges in its business operations and financial performance [6][7]. Financial Performance - The company's revenue for the reporting period was approximately 37.76 million yuan, a decrease of 44.13% compared to the same period last year [7]. - The net profit attributable to shareholders was approximately -39.08 million yuan, showing a slight increase in loss of 1.23% year-on-year [7]. - The net cash flow from operating activities was -38.32 million yuan, a drastic decline of 3,741.98% compared to the previous year [7]. - Total assets at the end of the reporting period were approximately 786.92 million yuan, down 10.74% from the end of the previous year [7]. Business Overview - Joyware Electronics focuses on providing industry IoT solutions centered around AI video applications, leveraging technologies such as video structuring, cloud technology, big data analysis, and IoT perception and transmission [8][9]. - The company offers a diverse product range including high-definition IP transmission systems, intelligent traffic cameras, and various AI-driven video analysis products [9][10]. Product Categories - The company has developed several product series, including: - Intelligent high-definition network cameras [9]. - Thermal imaging cameras for applications in forest fire prevention and traffic monitoring [10]. - Smart traffic products that integrate advanced technologies for enhanced traffic management [10]. - Industrial IoT products designed for various sectors including urban traffic and smart grids [11]. Solutions Offered - Joyware Electronics provides tailored solutions for various sectors such as smart highways, smart transportation, smart parking, and smart city management, utilizing advanced technologies like big data, cloud computing, and AI [12][46]. - Specific solutions include smart toll stations, integrated management platforms for roads and bridges, and comprehensive parking management systems aimed at improving urban traffic efficiency [46][49].

证券代码：300270 证券简称：中威电子 公告编号：2025-031 本公司及监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。 一、监事会会议召开情况 杭州中威电子股份有限公司（以下简称"公司"）第五届监事会第二十一次会议通知于2025年8月1日以 电子邮件形式送达公司全体监事，会议于2025年8月13日10:30在公司18楼会议室以现场和通讯表决相结 合的 方式召开。本次监事会应出席会议的监事3名，实际出席会议的监事3名（其中：以通讯表决方式出席会 议的 二、监事会会议审议情况 表决结果：3 票同意、0 票反对、0 票弃权，表决通过。 监事会认为：公司编制和审议《2025 年半年度报告全文》及其摘要的程序符合法律、法规、中国证 监 监事1名，为：杨洒）。会议由监事会主席杨洒女士主持，董事会秘书列席了会议。本次会议的召开符 合《中 华人民共和国公司法》 （以下简称"《公司法》"）、 《中华人民共和国证券法》 （以下简称"《证券法》"）等有关 法律、行政法规、部门规章、规范性文件和《公司章程》的规定。 会和深圳证券交易所的相关规定，报告内容真实、准确、完整地反映了公司 ...

证券代码：300270 证券简称：中威电子 公告编号：2025-030 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。 一、董事会会议召开情况 杭州中威电子股份有限公司（以下简称"公司"）第五届董事会第二十三次会议通知于2025年8月1日以 电子邮件形式送达公司全体董事，会议于2025年8月13日10:00在公司18楼会议室以现场和通讯表决相结 合的 方式召开。本次董事会应出席的董事7名，实际出席会议的董事7名（其中：以通讯表决方式出席会议的 董事 议。本次会议的召开符合《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证 券 法》（以下简称"证券法"）等有关法律、行政法规、部门规章、规范性文件和《公司章程》的规定。 二、董事会会议审议情况 表决结果：7 票同意、0 票反对、0 票弃权，表决通过。 董事会认为：公司编制和审议《2025 年半年度报告全文》及摘要的程序符合法律、法规、中国证监 会 和深圳证券交易所的相关规定，报告内容真实、准确、完整地反映了公司 2025 年 1-6 月经营的实际 情况， 不存在任何虚假记载、误导性陈述或者重大遗 ...

证券代码：300270 证券简称：中威电子 公告编号：2025-036 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。 杭州中威电子股份有限公司（以下简称"公司"）于2025年8月13日召开了第五届董事会第二十三次 会 议，审议通过了《关于召开2025年第三次临时股东大会的议案》，决定于2025年9月1日召开公司2025年 第三 次临时股东大会，现将会议有关事项通知如下： 一、召开会议的基本情况 合有关法律法规和《公司章程》的相关规定。 （1）现场会议召开日期、时间：2025年9月1日（星期一）下午15:30开始； （2）通过深圳证券交易所交易系统进行网络投票的日期、时间：2025年9月1日9:15-9:25，9:30- 11:30， （3）通过互联网投票系统进行网络投票的日期、时间：2025年9月1日9:15-15:00。 （1）在股权登记日持有公司已发行有表决权股份的股东或其代理人； 于股权登记日下午收市时在中国证券登记结算有限责任公司深圳分公司登记在册的公司全体已发行 有 表决权股份的股东均有权出席股东大会，并可以以书面形式委托代理人出席会议和参加表决， ...

Core Viewpoint - Zhongwei Electronics reported a significant decline in revenue and continued net losses in the first half of 2025, indicating ongoing financial challenges for the company [1] Financial Performance - The company's operating revenue for the first half of 2025 was 37.7588 million yuan, representing a year-on-year decrease of 44.13% [1] - The net loss attributable to shareholders was 39.0828 million yuan, slightly worsening from a net loss of 38.6092 million yuan in the same period last year [1] Dividend Policy - The company announced plans not to distribute cash dividends, issue bonus shares, or increase share capital from reserves [1]

证券代码：300270 证券简称：中威电子 公告编号：2025-031 本公司及监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。 一、监事会会议召开情况 杭州中威电子股份有限公司（以下简称"公司"）第五届监事会第二十一次会议通知于2025年8月1日以 电子邮件形式送达公司全体监事，会议于2025年8月13日10:30在公司18楼会议室以现场和通讯表决相结合的 方式召开。本次监事会应出席会议的监事3名，实际出席会议的监事3名（其中：以通讯表决方式出席会议的 监事1名，为：杨洒）。会议由监事会主席杨洒女士主持，董事会秘书列席了会议。本次会议的召开符合《中 华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）等有关 法律、行政法规、部门规章、规范性文件和《公司章程》的规定。 二、监事会会议审议情况 1、审议通过《2025 年半年度报告全文》及摘要 表决结果：3 票同意、0 票反对、0 票弃权，表决通过。 监事会认为：公司编制和审议《2025 年半年度报告全文》及其摘要的程序符合法律、法规、中国证监 会和深圳证券交易所的相关规定，报 ...

[Important Notice, Table of Contents, and Definitions](index=2&type=section&id=%E7%AC%AC%E4%B8%80%E8%8A%82%20%E9%87%8D%E8%A6%81%E6%8F%90%E7%A4%BA%E3%80%81%E7%9B%AE%E5%BD%95%E5%92%8C%E9%87%8A%E4%B9%89) [Important Notice](index=2&type=section&id=%E9%87%8D%E8%A6%81%E6%8F%90%E7%A4%BA) The Board of Directors, Supervisory Board, and all senior executives guarantee the truthfulness, accuracy, and completeness of this semi-annual report, with no false records, misleading statements, or major omissions; the company plans no profit distribution for this period - All company directors, supervisors, and senior executives guarantee the **truthfulness, accuracy, and completeness** of the report content[4](index=4&type=chunk) - The company plans no cash dividends, bonus shares, or capital increase from capital reserves for this semi-annual period[6](index=6&type=chunk) [Definitions](index=5&type=section&id=%E9%87%8A%E4%B9%89) This section defines key terms used in the report, including the company, its subsidiaries, controlling shareholder, actual controller, and the reporting period (January-June 2025) Key Entity Definitions | Key Entity | Definition | | :--- | :--- | | **Company** | Hangzhou Zhongwei Electronics Co., Ltd. | | **Controlling Shareholder** | Xinxiang Xintou Industrial M&A Fund No. 1 Partnership (Limited Partnership) | | **Actual Controller** | Xinxiang Municipal People's Government | | **Reporting Period** | Jan-Jun 2025 | [Company Profile and Key Financial Indicators](index=6&type=section&id=%E7%AC%AC%E4%BA%8C%E8%8A%82%20%E5%85%AC%E5%8F%B8%E7%AE%80%E4%BB%8B%E5%92%8C%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) [Company Profile](index=6&type=section&id=%E5%85%AC%E5%8F%B8%E7%AE%80%E4%BB%8B) This section provides basic company information, including stock ticker 'Zhongwei Electronics', stock code '300270', listing on Shenzhen Stock Exchange, and legal representative Zhao Qian Company Basic Information | Item | Information | | :--- | :--- | | **Stock Abbreviation** | Zhongwei Electronics | | **Stock Code** | 300270 | | **Listing Exchange** | Shenzhen Stock Exchange | | **Legal Representative** | Zhao Qian | [Key Accounting Data and Financial Indicators](index=7&type=section&id=%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) During the reporting period, the company's financial performance significantly declined, with revenue down **44.13%**, operating cash flow turning negative with a **3741.98%** decrease, and total assets and net assets also decreasing Key Financial Indicators | Key Financial Indicator | Current Period | Prior Year Period | YoY Change | | :--- | :--- | :--- | :--- | | **Operating Revenue (RMB)** | 37,758,826.46 | 67,579,100.17 | -44.13% | | **Net Profit Attributable to Shareholders (RMB)** | -39,082,761.85 | -38,609,161.92 | -1.23% | | **Net Cash Flow from Operating Activities (RMB)** | -38,318,460.78 | 1,052,133.40 | -3,741.98% | | **Basic EPS (RMB/share)** | -0.13 | -0.13 | 0.00% | | **Weighted Average ROE** | -6.65% | -5.98% | -0.67% | | **Total Assets (RMB)** | 786,923,319.18 | 881,615,947.62 (上年度末) | -10.74% | | **Net Assets Attributable to Shareholders (RMB)** | 567,879,529.52 | 606,898,628.10 (上年度末) | -6.43% | [Non-Recurring Gains and Losses and Amounts](index=7&type=section&id=%E9%9D%9E%E7%BB%8F%E5%B8%B8%E6%80%A7%E6%8D%9F%E7%9B%8A%E9%A1%B9%E7%9B%AE%E5%8F%8A%E9%87%91%E9%A2%9D) Non-recurring gains and losses totaled **RMB 1.11 million**, primarily from government subsidies, resulting in a net loss of **RMB 40.19 million** after adjustments, slightly wider than the prior year Non-Recurring Gains and Losses | Item | Amount (RMB) | | :--- | :--- | | Gains/Losses on Disposal of Non-current Assets | -15,098.55 | | Government Grants Recognized in Current P&L | 1,055,632.90 | | Other Non-operating Income/Expenses | 75,235.86 | | **Total** | **1,111,728.91** | - Net profit attributable to shareholders, excluding non-recurring gains and losses, was **-RMB 40.19 million**, a **1.54%** wider loss compared to **-RMB 39.59 million** in the prior year[23](index=23&type=chunk) [Management Discussion and Analysis](index=9&type=section&id=%E7%AC%AC%E4%B8%89%E8%8A%82%20%E7%AE%A1%E7%90%86%E5%B1%82%E8%AE%A8%E8%AE%BA%E4%B8%8E%E5%88%86%E6%9E%90) [Main Business Activities During the Reporting Period](index=9&type=section&id=%E4%B8%80%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%85%AC%E5%8F%B8%E4%BB%8E%E4%BA%8B%E7%9A%84%E4%B8%BB%E8%A6%81%E4%B8%9A%E5%8A%A1) The company is an AI video application-centric IoT solution provider, leveraging its 'Zhongwei Cloud' AIoT video cloud platform to offer solutions across various industries, with a rich product portfolio and continuous technological innovation - The company's core positioning is an AI video application-centric IoT solution provider, serving smart highways, transportation, parking, urban management, industrial parks, and forestry sectors[30](index=30&type=chunk) - The company's product lines are categorized into four main types: intelligent security products, smart video cloud platforms, Beijing Robot Company products, and Xindian Information Company products[31](index=31&type=chunk) - The company continuously innovates, applying multi-modal large model algorithms and radar-video fusion technology to products, and launching various special robots like tunnel inspection and coal bin cleaning robots[33](index=33&type=chunk)[36](index=36&type=chunk)[84](index=84&type=chunk) [Analysis of Core Competencies](index=25&type=section&id=%E4%BA%8C%E3%80%81%E6%A0%B8%E5%BF%83%E7%AB%9E%E4%BA%89%E5%8A%9B%E5%88%86%E6%9E%90) The company's core competencies include continuous technological innovation, comprehensive product lines and solutions, integrated service capabilities, and strong brand influence, supported by robust R&D and leading AIoT video cloud technology - The company's core strengths include: **continuous technological innovation**, **comprehensive products and solutions**, **integrated services**, and **strong brand influence**[113](index=113&type=chunk)[118](index=118&type=chunk)[123](index=123&type=chunk)[124](index=124&type=chunk) R&D Metrics | R&D Metric | H1 2025 | | :--- | :--- | | **R&D Investment (RMB 10,000)** | 1,038.87 | | **R&D % of Revenue** | 27.51% | | **R&D Staff Count** | 84 | | **R&D Staff %** | 40.78% | - The company possesses industry-leading AIoT video cloud technology, integrating video, AI, and IoT devices to provide big data service systems for industry clients[115](index=115&type=chunk) [Analysis of Main Business](index=26&type=section&id=%E4%B8%89%E3%80%81%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E5%88%86%E6%9E%90) During the reporting period, key financial indicators declined, with revenue down **44.13%** due to fewer recognized projects, operating cash flow significantly decreasing, and system integration revenue dropping **72.03%**, while operation and maintenance services doubled Major Financial Data YoY Change | Item | Current Period (RMB) | Prior Year Period (RMB) | YoY Change | Primary Reason | | :--- | :--- | :--- | :--- | :--- | | **Operating Revenue** | 37,758,826.46 | 67,579,100.17 | -44.13% | Decrease in recognized operating revenue for the period | | **Operating Cost** | 28,841,701.49 | 49,895,712.87 | -42.20% | Decrease in recognized projects for the period | | **Selling Expenses** | 8,149,218.24 | 11,693,377.21 | -30.31% | Decrease in employee compensation and marketing expenses | | **Net Cash Flow from Operating Activities** | -38,318,460.78 | 1,052,133.40 | -3,741.98% | Decrease in sales collections and recovered deposits | Product or Service Breakdown | Product/Service | Operating Revenue (RMB) | Gross Margin | Operating Revenue YoY Change | | :--- | :--- | :--- | :--- | | **System Integration** | 8,758,843.21 | 27.05% | -72.03% | | **Product Sales** | 18,678,098.11 | 26.42% | -30.05% | | **O&M Services** | 2,603,229.13 | 35.32% | 112.24% | | **Other** | 7,718,656.01 | 8.99% | -7.40% | [Analysis of Assets and Liabilities](index=27&type=section&id=%E4%BA%94%E3%80%81%E8%B5%84%E4%BA%A7%E5%8F%8A%E8%B4%9F%E5%80%BA%E7%8A%B6%E5%86%B5%E5%88%86%E6%9E%90) At period-end, total assets were **RMB 787 million**, down **10.74%**, with cash significantly reduced by **50.02%** and prepayments up **544.44%**; liabilities decreased due to lower employee compensation and taxes, and **RMB 192 million** in assets were restricted Major Balance Sheet Item Changes | Item | Period-End Amount (RMB) | Period-Start Amount (RMB) | Change (%) | Primary Reason | | :--- | :--- | :--- | :--- | :--- | | **Cash and Cash Equivalents** | 44,508,374.70 | 89,049,796.63 | -50.02% | Payment for goods | | **Prepayments** | 6,002,619.47 | 931,446.01 | 544.44% | Increase in prepayments for uncompleted contracts | | **Long-term Receivables** | 6,607,971.83 | 11,421,147.06 | -42.14% | Overdue amounts reclassified to accounts receivable | | **Employee Compensation Payable** | 1,055,854.13 | 5,052,988.49 | -79.10% | Payment of prior period bonuses | | **Taxes Payable** | 2,352,369.99 | 15,773,011.42 | -85.09% | Decrease in VAT payable | - As of the reporting period, **RMB 192 million** in company assets were restricted, primarily comprising fixed assets, intangible assets, investment properties used for mortgages, and cash used for deposits and pledges[134](index=134&type=chunk) [Analysis of Major Holding and Participating Companies](index=30&type=section&id=%E5%85%AB%E3%80%81%E4%B8%BB%E8%A6%81%E6%8E%A7%E8%82%A1%E5%8F%82%E8%82%A1%E5%85%AC%E5%8F%B8%E5%88%86%E6%9E%90) During the reporting period, key subsidiary Henan Zhongwei Intelligent Robot Co., Ltd. continued to incur losses, with a net loss of **RMB 4.27 million**, while the deregistration of Zhongwei (Tianshui) Digital Technology Co., Ltd. had no material impact on overall operations Henan Zhongwei Intelligent Robot Co., Ltd. Key Financial Data | Metric | Amount (RMB 10,000) | | :--- | :--- | | **Total Assets** | 1,576.20 | | **Net Assets** | -1,514.21 | | **Operating Revenue** | 262.30 | | **Operating Profit** | -428.11 | | **Net Profit** | -426.90 | [Risks and Countermeasures Faced by the Company](index=30&type=section&id=%E5%8D%81%E3%80%81%E5%85%AC%E5%8F%B8%E9%9D%A2%E4%B8%B4%E7%9A%84%E9%A3%8E%E9%99%A9%E5%92%8C%E5%BA%94%E5%AF%B9%E6%8E%AA%E6%96%BD) The company faces significant risks including declining operating performance, rapid technological changes, high accounts receivable balances, and subsidiary operational challenges, with **RMB 364 million** in receivables representing **46.23%** of total assets, leading to bad debt and liquidity pressures - The company faces major risks including: - **Operating performance risk**: Industry shocks and intensified competition may lead to continued losses - **Technology risk**: Rapid technological iteration, high R&D investment, and risks of incorrect direction or insufficient investment - **Accounts receivable risk**: Total receivables of **RMB 364 million**, accounting for **46.23%** of total assets, indicating slow turnover and high bad debt risk - **Subsidiary operating risk**: Controlling sub-subsidiary Huaxia Tianxin (Beijing) Robot Co., Ltd. continues to incur losses[142](index=142&type=chunk)[143](index=143&type=chunk)[145](index=145&type=chunk)[146](index=146&type=chunk) [Corporate Governance, Environment, and Society](index=32&type=section&id=%E7%AC%AC%E5%9B%9B%E8%8A%82%20%E5%85%AC%E5%8F%B8%E6%B2%BB%E7%90%86%E3%80%81%E7%8E%AF%E5%A2%83%E5%92%8C%E7%A4%BE%E4%BC%9A) [Corporate Governance Status](index=32&type=section&id=%E5%85%AC%E5%8F%B8%E6%B2%BB%E7%90%86%E6%83%85%E5%86%B5) This section details corporate governance, noting the departure of the Chairman and General Manager due to work transfers, no planned semi-annual profit distribution or equity incentive, and the company's commitment to social responsibilities including information disclosure and employee rights - During the reporting period, former Chairman Li Yice resigned on March 10, 2025, and the former General Manager was dismissed on February 20, 2025, both due to work transfers[150](index=150&type=chunk) - The company plans no cash dividends, bonus shares, or capital increase from capital reserves for this semi-annual period[151](index=151&type=chunk) - The company actively fulfills its social responsibilities, including lawful information disclosure, safeguarding employee rights, and operating and paying taxes in accordance with the law[153](index=153&type=chunk) [Significant Matters](index=34&type=section&id=%E7%AC%AC%E4%BA%94%E8%8A%82%20%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9) [Significant Related Party Transactions](index=35&type=section&id=%E5%8D%81%E4%B8%80%E3%80%81%E9%87%8D%E5%A4%A7%E5%85%B3%E8%81%94%E4%BA%A4%E6%98%93) During the reporting period, the company engaged in **RMB 1.51 million** in related party transactions with its indirect controlling shareholder and subsidiaries, covering sales, purchases, and property leases, and received a **RMB 21.85 million** accounts receivable guarantee from former actual controller Mr. Shi Xugang Related Party Transactions in Ordinary Operations | Related Party | Transaction Type | Transaction Amount (RMB 10,000) | % of Similar Transactions | | :--- | :--- | :--- | :--- | | Xintou Group and its subsidiaries | Sales of products, provision of services | 137.32 | 3.64% | | Xintou Group and its subsidiaries | Purchase of products, acceptance of services | 13.21 | 0.73% | | Xintou Group and its subsidiaries | Property Lease | 0.87 | 1.61% | - The company received **RMB 21.85 million** in cash as an accounts receivable guarantee from former actual controller Mr. Shi Xugang for the collection of specific receivables; as of the reporting period, the guarantee balance was **RMB 21.39 million**[170](index=170&type=chunk) [Significant Contracts and Their Performance](index=37&type=section&id=%E5%8D%81%E4%BA%8C%E3%80%81%E9%87%8D%E5%A4%A7%E5%90%88%E5%90%8C%E5%8F%8A%E5%85%B6%E5%B1%A5%E8%A1%8C%E6%83%85%E5%86%B5) The company generated **RMB 5.51 million** in rental income from idle properties and provided **RMB 9.5 million** in significant guarantees to subsidiaries, representing **1.67%** of net assets at period-end - The company leased out some idle properties, generating **RMB 5.51 million** in rental income (excluding tax) during the reporting period[173](index=173&type=chunk) Significant Guarantees to Subsidiaries | Guaranteed Entity | Actual Guarantee Amount (RMB 10,000) | Guarantee Type | Fulfilled | | :--- | :--- | :--- | :--- | | Henan Xindian Information Technology Co., Ltd. | 450.00 | Joint and Several Liability Guarantee | No | | Huaxia Tianxin (Beijing) Robot Co., Ltd. | 500.00 | Mortgage | No | | **Total** | **950.00** | | | [Explanation of Other Significant Matters](index=39&type=section&id=%E5%8D%81%E4%B8%89%E3%80%81%E5%85%B6%E4%BB%96%E9%87%8D%E5%A4%A7%E4%BA%8B%E9%A1%B9%E7%9A%84%E8%AF%B4%E6%98%8E) This section details the company's change of control since August 2020, involving share transfers and voting right delegations from former actual controller Mr. Shi Xugang to Xinxiang Industrial Fund No. 1, and notes that six idle properties approved for disposal in October 2020 remain unsold - Details the change in company control since 2020, from Mr. Shi Xugang to Xinxiang Industrial Fund No. 1 (actual controller Xinxiang Municipal People's Government), through share transfers and voting right delegations[180](index=180&type=chunk)[181](index=181&type=chunk)[183](index=183&type=chunk)[184](index=184&type=chunk)[186](index=186&type=chunk) - In October 2020, the company approved the disposal of six idle properties in Hangzhou, Guangzhou, Beijing, and other locations, but these properties remain unsold as of the end of this reporting period[187](index=187&type=chunk) [Changes in Shares and Shareholder Information](index=41&type=section&id=%E7%AC%AC%E5%85%AD%E8%8A%82%20%E8%82%A1%E4%BB%BD%E5%8F%98%E5%8A%A8%E5%8F%8A%E8%82%A1%E4%B8%9C%E6%83%85%E5%86%B5) [Number of Shareholders and Shareholding Status](index=42&type=section&id=%E4%B8%89%E3%80%81%E5%85%AC%E5%8F%B8%E8%82%A1%E4%B8%9C%E6%95%B0%E9%87%8F%E5%8F%8A%E6%8C%81%E8%82%A1%E6%83%85%E5%86%B5) As of the reporting period, the company had **21,144** common shareholders, with Xinxiang Xintou Industrial M&A Fund No. 1 and Shi Xugang as the top two shareholders, holding **19.01%** and **18.16%** respectively, and Mr. Shi Xugang having delegated voting rights for **32,976,626** shares to the controlling shareholder Top Ten Shareholders' Shareholding Status | Shareholder Name | Shareholding % | Shares Held | Share Status | | :--- | :--- | :--- | :--- | | Xinxiang Xintou Industrial M&A Fund No. 1 Partnership | 19.01% | 57,562,394 | - | | Shi Xugang | 18.16% | 55,000,174 | Pledged 51,447,794 | | Su Ming | 3.84% | 11,632,800 | - | | Zhou Weifeng | 0.67% | 2,040,030 | - | | 2021 Employee Stock Ownership Plan | 0.65% | 1,964,942 | - | - Shareholder Mr. Shi Xugang delegated voting rights for **32,976,626** shares to the controlling shareholder[195](index=195&type=chunk) [Bond-Related Information](index=46&type=section&id=%E7%AC%AC%E4%B8%83%E8%8A%82%20%E5%80%BA%E5%88%B8%E7%9B%B8%E5%85%B3%E6%83%85%E5%86%B5) [Bond Overview](index=46&type=section&id=%E5%80%BA%E5%88%B8%E6%A6%82%E5%86%B5) The company had no bond-related activities during the reporting period - The company did not issue, trade, or hold any bonds during this reporting period[201](index=201&type=chunk) [Financial Report](index=47&type=section&id=%E7%AC%AC%E5%85%AB%E8%8A%82%20%E8%B4%A2%E5%8A%A1%E6%8A%A5%E5%91%8A) [Auditor's Opinion](index=47&type=section&id=%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A%E6%84%8F%E8%A7%81) The company's 2025 semi-annual financial report is unaudited - This semi-annual financial report is unaudited[203](index=203&type=chunk) [Financial Statements](index=47&type=section&id=%E4%BA%8C%E3%80%81%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) This section presents the company's unaudited consolidated and parent company financial statements, including the balance sheet, income statement, cash flow statement, and statement of changes in equity, reflecting financial position, operating results, and cash flows for the period [Consolidated Balance Sheet](index=47&type=section&id=%E5%90%88%E5%B9%B6%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8) As of June 30, 2025, total assets were **RMB 787 million**, total liabilities **RMB 226 million**, and equity attributable to parent company owners **RMB 568 million**, with total assets decreasing **10.74%** and total liabilities decreasing **19.45%** Consolidated Balance Sheet Summary (Unit: RMB) | Item | Period-End Balance | Period-Start Balance | | :--- | :--- | :--- | | **Total Current Assets** | 468,084,347.32 | 516,585,991.94 | | **Total Non-current Assets** | 318,838,971.86 | 365,029,955.68 | | **Total Assets** | **786,923,319.18** | **881,615,947.62** | | **Total Current Liabilities** | 224,067,395.26 | 278,631,208.15 | | **Total Non-current Liabilities** | 2,288,065.38 | 2,387,435.80 | | **Total Liabilities** | **226,355,460.64** | **281,018,643.95** | | **Total Equity Attributable to Parent Company Owners** | 567,879,529.52 | 606,898,628.10 | | **Total Equity** | **560,567,858.54** | **600,597,303.67** | [Consolidated Income Statement](index=52&type=section&id=%E5%90%88%E5%B9%B6%E5%88%A9%E6%B6%A6%E8%A1%A8) In H1 2025, the company's operating revenue was **RMB 37.76 million**, down **44.13%**, resulting in an operating loss of **RMB 39.68 million** and a net loss attributable to parent company shareholders of **RMB 39.08 million**, with EPS of **-0.13 RMB** Consolidated Income Statement Summary (Unit: RMB) | Item | H1 2025 | H1 2024 | | :--- | :--- | :--- | | **I. Total Operating Revenue** | 37,758,826.46 | 67,579,100.17 | | Operating Cost | 28,841,701.49 | 49,895,712.87 | | Selling Expenses | 8,149,218.24 | 11,693,377.21 | | Administrative Expenses | 13,033,038.43 | 18,232,082.39 | | R&D Expenses | 10,388,655.33 | 13,855,546.48 | | Credit Impairment Losses | -17,741,804.61 | -20,018,035.30 | | **III. Operating Profit** | **-39,681,349.81** | **-43,036,567.33** | | **IV. Total Profit** | -39,618,548.28 | -42,591,917.21 | | **V. Net Profit** | **-40,093,108.40** | **-39,996,574.92** | | Net Profit Attributable to Parent Company Shareholders | -39,082,761.85 | -38,609,161.92 | | **VIII. Basic Earnings Per Share** | **-0.13** | **-0.13** | [Consolidated Cash Flow Statement](index=55&type=section&id=%E5%90%88%E5%B9%B6%E7%8E%B0%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8) In H1 2025, cash flow significantly deteriorated, with operating cash flow at **-RMB 38.32 million** due to reduced sales collections, and period-end cash and cash equivalents at **RMB 29.59 million**, a substantial decrease from the beginning of the period Consolidated Cash Flow Statement Summary (Unit: RMB) | Item | H1 2025 | H1 2024 | | :--- | :--- | :--- | | **Net Cash Flow from Operating Activities** | -38,318,460.78 | 1,052,133.40 | | **Net Cash Flow from Investing Activities** | -36,249.73 | -4,102,463.33 | | **Net Cash Flow from Financing Activities** | 1,863,281.24 | -9,101,688.88 | | **Effect of Exchange Rate Changes on Cash** | -6,031.01 | 26,461.74 | | **Net Increase in Cash and Cash Equivalents** | **-36,497,460.28** | **-12,125,557.07** | | **Period-End Cash and Cash Equivalents Balance** | 29,587,540.65 | 74,378,486.30 | [Notes to Consolidated Financial Statement Items](index=91&type=section&id=%E4%B8%83%E3%80%81%E5%90%88%E5%B9%B6%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8%E9%A1%B9%E7%9B%AE%E6%B3%A8%E9%87%8A) Notes to the financial statements provide detailed explanations, highlighting significant and aged accounts receivable with high impairment provisions as a key risk, revenue decline primarily from shrinking system integration and product sales, and related party transactions mainly with the controlling shareholder and its subsidiaries Accounts Receivable Aging Analysis (Period-End) | Aging | Book Balance (RMB) | | :--- | :--- | | Within 1 year | 199,711,347.14 | | 1 to 2 years | 69,660,985.90 | | 2 to 3 years | 67,298,691.47 | | Over 3 years | 202,678,776.51 | | **Total** | **539,349,801.02** | - Period-end accounts receivable balance reached **RMB 539 million**, with bad debt provisions of **RMB 238 million**, a provision rate of **44.18%**, and over **63%** of receivables aged over one year[361](index=361&type=chunk) Main Business Revenue Composition (Current Period) | Business Type | Revenue (RMB) | Cost (RMB) | | :--- | :--- | :--- | | System Integration and Product Sales | 27,436,941.32 | 20,133,495.17 | | O&M Services | 2,603,229.13 | 1,683,681.84 | | Property and Other | 2,429,016.00 | 2,182,142.77 | [Supplementary Information](index=136&type=section&id=%E5%8D%81%E4%BA%94%E3%80%81%E8%A1%A5%E5%85%85%E8%B5%84%E6%96%99) This section provides supplementary financial information, including non-recurring gains and losses totaling **RMB 1.11 million**, primarily government subsidies, and a net loss attributable to common shareholders of **-RMB 40.19 million** after adjustments, with a weighted average ROE of **-6.84%** Current Non-Recurring Gains and Losses Details | Item | Amount (RMB) | | :--- | :--- | | Gains/Losses on Disposal of Non-current Assets | -15,098.55 | | Government Grants Recognized in Current P&L | 1,055,632.90 | | Other Non-operating Income/Expenses | 75,235.86 | | Impact of Minority Interests (After Tax) | 4,041.30 | | **Total** | **1,111,728.91** | Net Asset Return Rate and Earnings Per Share | Profit for the Period | Weighted Average ROE | Basic EPS (RMB/share) | | :--- | :--- | :--- | | Net Profit Attributable to Common Shareholders | -6.65% | -0.13 | | Net Profit Attributable to Common Shareholders After Non-Recurring Items | -6.84% | -0.13 |

证券代码：300270 证券简称：中威电子 公告编号：2025-030 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。 一、董事会会议召开情况 杭州中威电子股份有限公司（以下简称"公司"）第五届董事会第二十三次会议通知于2025年8月1日以 电子邮件形式送达公司全体董事，会议于2025年8月13日10:00在公司18楼会议室以现场和通讯表决相结合的 方式召开。本次董事会应出席的董事7名，实际出席会议的董事7名（其中：以通讯表决方式出席会议的董事 4名，为：黄佳、石旭刚、楚金桥、尚贤）。会议由董事长刘洋先生主持，公司监事和高级管理人员列席会 议。本次会议的召开符合《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券 法》（以下简称"证券法"）等有关法律、行政法规、部门规章、规范性文件和《公司章程》的规定。 二、董事会会议审议情况 1、审议通过《2025 年半年度报告全文》及摘要 表决结果：7 票同意、0 票反对、0 票弃权，表决通过。 董事会认为：公司编制和审议《2025 年半年度报告全文》及摘要的程序符合法律、法规、中国证监会 和深圳证券交 ...