Core Viewpoint - The financial performance of Hejing Technology shows a decline in revenue but an increase in net profit, indicating potential resilience in profitability despite revenue challenges [1]. Financial Performance - As of the latest mid-year report, Hejing Technology reported total revenue of 921 million yuan, a year-on-year decrease of 13.70% [1]. - The net profit attributable to shareholders was 43.87 million yuan, reflecting a year-on-year increase of 38.53% [1]. - The non-recurring net profit was 34.64 million yuan, showing a year-on-year growth of 15.45% [1]. - The company's liquidity ratios include a current ratio of 1.489 and a quick ratio of 1.221, with a debt-to-asset ratio of 51.58% [1]. Stock Market Activity - As of August 25, 2025, Hejing Technology's stock closed at 8.52 yuan, up 0.71% with a turnover rate of 8.28% [1]. - The trading volume was 382,900 hands, with a transaction amount of 321 million yuan [1]. - There was a net outflow of main funds amounting to 46.34 million yuan, accounting for 14.43% of the transaction amount [1]. Company Background - Hejing Technology, established in 1998 and located in Wuxi, primarily engages in the manufacturing of computers, communications, and other electronic devices [2]. - The company has a registered capital of approximately 489.1 million yuan and a paid-in capital of 30 million yuan [1]. - The legal representative of the company is Feng Hongtao [1]. Investment and Intellectual Property - Hejing Technology has made investments in 11 external companies and participated in 6 bidding projects [2]. - The company holds 3 trademark registrations and 64 patents, along with 17 administrative licenses [2].

Core Viewpoint - The recent financial report of Hejing Technology (300279) shows a decline in total revenue but an increase in net profit, indicating mixed performance in the company's financial health and operational efficiency [1]. Financial Performance - Total revenue for the first half of 2025 was 921 million yuan, a decrease of 13.7% compared to 1.067 billion yuan in the same period of 2024 [1]. - Net profit attributable to shareholders reached 43.87 million yuan, an increase of 38.53% from 31.67 million yuan in the previous year [1]. - The gross profit margin improved to 16.92%, up 2.13% year-on-year, while the net profit margin increased significantly by 61.63% to 4.75% [1]. - The company reported a significant increase in accounts receivable, which accounted for 1030.08% of the latest annual net profit [1][4]. Cash Flow and Debt Management - The company’s cash flow from operating activities showed a decline, with operating cash flow per share at 0.23 yuan, down 22.34% year-on-year [1]. - Long-term borrowings decreased by 65.85%, attributed to the reclassification of some long-term loans to current liabilities [3]. - Financial expenses dropped by 93.27%, due to repayment of bank loans and lower interest rates [3]. Investment and Market Position - The company's return on invested capital (ROIC) was reported at 4.75%, indicating weak capital returns historically, with a median ROIC of 3.65% over the past decade [3]. - The business model relies heavily on research and development, which requires careful analysis of the underlying drivers [3]. Shareholder Information - The largest fund holding Hejing Technology is the Dongfang Quantitative Growth Flexible Allocation Mixed A, which reduced its holdings to 52,400 shares [5].

Core Viewpoint - Hejing Technology reported a decrease in shareholder accounts and an increase in average shareholding quantity and value, indicating a shift in investor behavior despite a positive stock price performance during the period [1][2]. Group 1: Shareholder Statistics - As of June 30, 2025, the number of shareholders for Hejing Technology was 24,608, a decrease of 526 accounts or 2.09% from March 31, 2025 [1][2]. - The average number of shares held per account increased from 19,500 to 19,900 shares, with an average market value of 137,700 yuan per account [1][2]. - The average number of shareholders in the home appliance components industry was 33,200, indicating that Hejing Technology's shareholder count is below the industry average [1]. Group 2: Stock Performance - From March 31, 2025, to June 30, 2025, Hejing Technology's stock price increased by 10.17%, despite the reduction in shareholder accounts [1][2]. - During the same period, the company experienced a net outflow of 88.47 million yuan from institutional investors, while retail investors contributed a net inflow of 73.87 million yuan [2].

Core Insights - The company reported a total operating revenue of 921 million yuan for the first half of 2025, with a net profit attributable to shareholders of 43.87 million yuan, marking a year-on-year increase of 38.53% [1][3] - The company has achieved three consecutive years of profit growth, with a net profit increase of 12.20 million yuan compared to the same period last year [1] - The net cash inflow from operating activities was 114 million yuan [1] Financial Performance - The latest debt-to-asset ratio stands at 51.58%, a decrease of 0.97 percentage points from the previous quarter and a reduction of 5.57 percentage points from the same period last year [3] - The latest gross profit margin is 16.92%, which has increased by 0.17 percentage points, achieving two consecutive quarters of growth [3] - The return on equity (ROE) is 4.32%, up by 0.99 percentage points compared to the same period last year [3] - The diluted earnings per share (EPS) is 0.09 yuan, an increase of 0.03 yuan year-on-year, marking three consecutive years of growth and a 38.64% increase compared to the same period last year [3] Operational Efficiency - The latest total asset turnover ratio is 0.43 times [3] - The latest inventory turnover ratio is 2.30 times, which has increased by 0.39 times year-on-year, achieving two consecutive years of growth and a 20.21% increase compared to the same period last year [3] Shareholder Information - The number of shareholders is 24,600, with the top ten shareholders holding 188 million shares, accounting for 38.53% of the total share capital [3]

Core Viewpoint - The supervisory board of Wuxi Hejing Technology Co., Ltd. has approved the company's 2025 semi-annual report, confirming that the report accurately reflects the company's actual situation without any false records or misleading statements [1][2]. Group 1 - The third meeting of the sixth supervisory board was held on August 22, 2025, in Wuxi, with all three supervisors present [1]. - The meeting was conducted in accordance with relevant laws, regulations, and the company's articles of association [1]. - The resolution regarding the semi-annual report received unanimous approval with 3 votes in favor, 0 against, and 0 abstentions [2]. Group 2 - The full text and summary of the 2025 semi-annual report will be published on the Shenzhen Stock Exchange's official information disclosure platform on the same day as this resolution announcement [2].

Core Viewpoint - Hejing Technology (300279.SZ) reported a decline in revenue for the first half of 2025, while net profit showed significant growth, indicating a mixed performance in financial results [1] Financial Performance - The company achieved operating revenue of 921 million yuan, a year-on-year decrease of 13.70% [1] - Net profit attributable to shareholders was 43.87 million yuan, reflecting a year-on-year increase of 38.53% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 34.64 million yuan, up 15.45% year-on-year [1] - Basic earnings per share were reported at 0.0897 yuan [1]

单位：人民币万元 无锡和晶科技股份有限公司 | | | | 占用方与上 | | | 年半年度占 2025 | 2025 年半年 | | 年半年度 2025 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 非经营性资金 | | 资金占用方 | 市公司的关 | 上市公司核算 | 年期初占 2025 | 用累计发生金额 | 度占用资金 | 年半年度偿 2025 | 期末占用资金 | 占用形成原因 | 占用性质 | | 占用 | | 名称 | 联关系 | 的会计科目 | 用资金余额 | （不含利息） | 的利息（如 | 还累计发生金额 | 余额 | | | | | | | | | | | 有） | | | | | | 控股股东、实际 | | | | | | | | | | | - | | 控 制 人 及 附 | 其 | | | | | | | | | | | | 属企业 | | | | | | | | | | | - | | 小计 | | - | - | - | | | | | | | - | | 前控 ...

无锡和晶科技股份有限公司公告文件 证券代码：300279 证券简称：和晶科技 公告编号：2025-031 无锡和晶科技股份有限公司 无锡和晶科技股份有限公司 董事会 2025 年 8 月 23 日 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。 无锡和晶科技股份有限公司（以下简称"公司"）于 2025 年 8 月 22 日召开 第六届董事会第四次会议、第六届监事会第三次会议，审议通过《关于<2025 年 半年度报告>全文及其摘要的议案》。 为使投资者全面了解公司的经营情况、财务状况，公司《2025 年半年度报 告》全文及其摘要将于 2025 年 8 月 23 日刊登在深圳证券交易所法定信息披露平 台，请投资者注意查阅。 特此公告。 关于 2025 年半年度报告披露的提示性公告 ...

无锡和晶科技股份有限公司公告文件 一、本次计提资产减值准备情况概述 1、为真实反映公司财务状况和资产价值，公司及下属子公司对 2025 年 6 月末的各类存货、应收款项、长期股权投资、商誉等资产进行了全面清查，对相 关资产进行了充分的评估和分析，本着谨慎性原则，公司依照《企业会计准则》 及公司会计政策的相关规定对相关资产进行计提减值准备。 2、根据公司会计估计及减值测试结果，计入 2025 年 1 月至 6 月期间损益的 是计提信用减值损失及资产减值损失共计 15,921,972.51 元（未经审计），具体 如下： 单位：元 | 种类 | 项目 | 2025 年 1-6 月发生额 | | --- | --- | --- | | 信用减值损失 | 其他应收款 | -240,097.81 | | （损失以"-"号填列） | 应收账款 | -2,625,484.68 | | | 应收票据 | -7,402.36 | 证券代码：300279 证券简称：和晶科技 公告编号：2025-034 无锡和晶科技股份有限公司 关于 2025 年半年度计提资产减值准备的公告 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 ...

无锡和晶科技股份有限公司公告文件 证券代码：300279 证券简称：和晶科技 公告编号：2025-030 无锡和晶科技股份有限公司 无锡和晶科技股份有限公司公告文件 第六届监事会第三次会议决议公告 一、审议通过《关于<2025 年半年度报告>全文及其摘要的议案》 经审核，监事会认为：董事会编制和审核的公司《2025 年半年度报告》全 文及其摘要的程序符合法律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。 《2025 年半年度报告》全文及其摘要将与本决议公告同日刊载在深圳证券 交易所法定信息披露平台。 本议案同意票数为 3 票，反对票数为 0 票，弃权票数为 0 票。 特此公告。 | 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。 | 无锡和晶科技股份有限公司（以下简称"公司"）第六届监事会第三次会议 于 2025 年 8 月 22 日在无锡市新吴区汉江路 5 号公司会议室以现场结合通讯方式 召开，会议通知于 2025 年 8 月 12 日以通讯方式或直接送达方式送达全 ...