Core Points - The document outlines the management system for subsidiaries of Yitong Century Technology Co., Ltd, aiming to enhance internal operations and protect the interests of the company and its investors [1][2] - The system applies to subsidiaries where the company holds more than 50% of the shares or can control the board of directors [1][2] - The management principles focus on establishing effective control mechanisms, risk management, and improving operational efficiency [1][2] Group 1: Basic Principles of Subsidiary Management - Subsidiaries must adhere to the management system and establish control mechanisms for their subordinate enterprises [2] - Company-appointed directors and senior management in subsidiaries are responsible for the effective execution of this system [2][3] - Subsidiaries operate independently under the overall strategic framework set by the company while being supervised by the company's executive office [2][3] Group 2: Responsibilities and Authority of Directors and Senior Management - Directors and senior management of subsidiaries must act in accordance with laws and regulations, ensuring compliance and operational integrity [3][4] - They are responsible for reporting operational conditions and significant matters to the company [4][5] - The board of directors in subsidiaries must verify shareholder contributions and ensure timely compliance [4][5] Group 3: Operational Decision-Making and Risk Management - Subsidiaries must align their operational plans with the company's strategic goals [5][6] - The company sets annual business targets for subsidiaries, which must be executed by the subsidiary management [5][6] - Any significant transactions or investments must be submitted for company board approval [5][6] Group 4: Compliance and Governance - Subsidiaries are required to establish a governance structure and internal management systems in compliance with laws and regulations [6][7] - They must hold regular meetings and provide accurate information regarding their operational performance [6][7] - Transactions must be carefully assessed for potential conflicts of interest and reported accordingly [7][8] Group 5: Financial Management - Subsidiaries' financial departments are under the guidance and supervision of the company's financial department [9][10] - They must adhere to national financial management policies and submit financial reports for auditing [9][10] - Strict controls on transactions with related parties are mandated to prevent non-operational resource occupation [10][11] Group 6: Investment Management - Subsidiaries can invest in projects based on market conditions and must conduct thorough feasibility studies [11][12] - They are required to report on the progress of approved investment projects quarterly [11][12] - Any financial investments must be approved by the subsidiary's shareholders and the company [12][13] Group 7: Information Disclosure and Reporting - Subsidiaries must comply with the company's information disclosure policies and report significant business and financial matters promptly [13][14] - The legal representative of the subsidiary is responsible for information management [13][14] - Major operational losses or legal issues must be reported within one day [14][15] Group 8: Audit and Supervision - The company conducts regular internal audits of subsidiaries, which must cooperate fully with the audit process [15][16] - Audit findings must be implemented by the subsidiaries without delay [15][16] - The compliance and risk control department is responsible for overseeing the audit activities [15][16]

Core Viewpoint - The report highlights the financial performance and operational status of Eastone Century Technology Co., Ltd. for the first half of 2025, indicating a decline in net profit and revenue, while emphasizing the company's strategic focus on communication network technology services and digital transformation opportunities in the context of the growing digital economy [1][3][5]. Financial Performance - The company's operating revenue for the first half of 2025 was approximately 1.22 billion yuan, a decrease of 0.54% compared to the same period last year [3]. - The net profit attributable to shareholders was a loss of approximately 1.77 million yuan, representing a decline of 104.92% year-on-year [3]. - The basic earnings per share were -0.0020 yuan, down 104.91% from the previous year [3]. - The total assets at the end of the reporting period were approximately 3.10 billion yuan, a slight decrease of 0.11% from the end of the previous year [3]. Business Overview - The company operates in communication network technology services, system solutions, communication equipment production and sales, and IoT platform operations [3][5]. - The communication network technology services include engineering, maintenance, and optimization services, primarily for telecom operators [3][5]. - The system solutions leverage ICT technologies to provide integrated digital solutions for telecom operators and other enterprises [3][5]. Industry Context - The telecommunications industry is experiencing stable growth, with telecom business revenue reaching 905.5 billion yuan in the first half of 2025, a year-on-year increase of 1% [3][5]. - The number of fixed broadband users reached 684 million, with mobile IoT terminal users at 2.83 billion, indicating a robust demand for communication services [3][5]. - The growth of 5G and IoT applications is driving the demand for network maintenance and optimization services, which are considered essential in the industry [5][6]. Strategic Initiatives - The company is focusing on enhancing its capabilities in 5G network services, edge computing, and AI applications to meet the evolving needs of the digital economy [7][12]. - Collaborations with major telecom equipment manufacturers like Huawei and Ericsson are aimed at expanding service capabilities and market reach [8][9]. - The company is actively pursuing opportunities in emerging sectors such as smart agriculture, smart manufacturing, and low-altitude economy, leveraging its expertise in IoT and AI technologies [12][14].

Core Viewpoint - Etonetech's 2025 semi-annual report indicates a decline in revenue and significant losses compared to the same period last year, highlighting financial challenges faced by the company [2][3]. Financial Performance - Operating revenue for the reporting period was ¥1,219,998,025.04, a decrease of 0.54% from ¥1,226,586,743.08 in the same period last year [3]. - Net profit attributable to shareholders was -¥1,765,648.10, representing a decline of 104.92% from a profit of ¥35,869,364.41 in the previous year [3]. - The net profit after deducting non-recurring gains and losses was -¥7,902,063.77, a decrease of 347.72% compared to ¥3,189,904.44 in the same period last year [3]. - The net cash flow from operating activities was -¥128,207,919.76, an improvement of 61.16% from -¥330,083,674.91 in the previous year [3]. - Basic earnings per share were -¥0.0020, down 104.91% from ¥0.0407 in the same period last year [3]. - Diluted earnings per share were also -¥0.0020, reflecting the same decline [3]. - The weighted average return on equity was -0.09%, a decrease of 1.98% from 1.89% in the previous year [3]. Shareholder Information - The top three shareholders are: - Tong Wenwei: 5.91% holding (52,108,160 shares) [5]. - Shi Yazhou: 5.21% holding (45,954,080 shares) [5]. - Zhong Feipeng: 4.86% holding (42,880,416 shares) [5]. - The company has not distributed cash dividends or bonus shares during the reporting period [4].

Core Viewpoint - Yitong Century announced the reappointment of Guangdong Sinong Accounting Firm (Special General Partnership) as the auditing institution for the fiscal year 2025 [2] Company Summary - Yitong Century is continuing its relationship with Guangdong Sinong Accounting Firm for auditing services [2]

Group 1 - The core point of the article is that Yitong Century announced the approval of multiple proposals, including the "2025 Semi-Annual Report and its Summary," during the 11th meeting of the 5th Supervisory Board [2] Group 2 - The announcement was made on the evening of August 15 [2] - The meeting was focused on reviewing and approving important financial documents [2] - The company is actively engaging in governance and transparency through its supervisory board meetings [2]

Group 1 - The company, Yitong Century, announced the approval of multiple proposals, including the "2025 Semi-Annual Report and its Summary" during the 13th meeting of the fifth board of directors [2]

Group 1 - Baiya Co., Ltd. achieved a net profit of 188 million yuan in the first half of 2025, a year-on-year increase of 4.64% [1] - The company reported an operating income of 1.764 billion yuan, up 15.12% year-on-year [1] - Basic earnings per share were 0.44 yuan [1] Group 2 - Leike Defense reported a net loss of 41.67 million yuan in the first half of 2025, compared to a loss of 66.43 million yuan in the same period last year [2] - The company achieved an operating income of 542 million yuan, a year-on-year increase of 9.77% [2] - Basic earnings per share were -0.03 yuan [2] Group 3 - Jinggong Technology achieved a net profit of 113 million yuan in the first half of 2025, a year-on-year increase of 15.55% [3] - The company reported an operating income of 1.061 billion yuan, up 10.31% year-on-year [3] - Basic earnings per share were 0.22 yuan [3] Group 4 - Yuejian Intelligent reported a net profit of 62.63 million yuan in the first half of 2025, a year-on-year increase of 46.99% [4] - The company achieved an operating income of 651 million yuan, up 13.22% year-on-year [4] - Basic earnings per share were 0.2436 yuan [4] Group 5 - Wanwei High-tech achieved a net profit of 256 million yuan in the first half of 2025, a year-on-year increase of 97.47% [6] - The company reported an operating income of 4.061 billion yuan, up 4.90% year-on-year [6] - Basic earnings per share were 0.122 yuan [6] Group 6 - Keli Equipment achieved a net profit of 82.78 million yuan in the first half of 2025, a year-on-year increase of 4.88% [7] - The company reported an operating income of 318 million yuan, up 12.41% year-on-year [7] - Basic earnings per share were 0.87 yuan [7] Group 7 - Jinwo Co., Ltd. achieved a net profit of 25.47 million yuan in the first half of 2025, a year-on-year increase of 94% [8] - The company reported an operating income of 614 million yuan, up 7.96% year-on-year [8] - Basic earnings per share were 0.21 yuan [8] Group 8 - Longyuan Technology achieved a net profit of 28.28 million yuan in the first half of 2025, a year-on-year increase of 135.6% [10] - The company reported an operating income of 362 million yuan, up 1.48% year-on-year [10] - Basic earnings per share were 0.0548 yuan [10] Group 9 - Guangting Information achieved a net profit of 42.92 million yuan in the first half of 2025, turning from loss to profit [13] - The company reported an operating income of 275 million yuan, up 26.88% year-on-year [13] - Basic earnings per share were 0.4633 yuan [13] Group 10 - Changjiang Materials achieved a net profit of 73.38 million yuan in the first half of 2025, a year-on-year increase of 5.03% [15] - The company reported an operating income of 513 million yuan, up 10.43% year-on-year [15] - Basic earnings per share were 0.5019 yuan [15] Group 11 - Yitong Century reported a net loss of 1.77 million yuan in the first half of 2025, compared to a profit of 35.87 million yuan in the same period last year [17] - The company achieved an operating income of 1.22 billion yuan, down 0.54% year-on-year [17] - Basic earnings per share were -0.0020 yuan [17] Group 12 - China Nuclear Construction signed new contracts worth 90.48 billion yuan in July 2025 [19] - The company achieved a cumulative operating income of 58.229 billion yuan [19] Group 13 - Yinlong Co., Ltd. signed a construction labor subcontracting contract worth 108 million yuan [21] - The contract is for the prefabrication of CRTSIII-type track slabs for a railway project [21] Group 14 - Xinan Century plans to apply for a comprehensive credit limit of no more than 50 million yuan from a bank [23] - The limit will be used for various business purposes including working capital loans [23] Group 15 - New Hongtai reported a net profit of 34.27 million yuan in the first half of 2025, a year-on-year decrease of 8.94% [25] - The company achieved an operating income of 308 million yuan, down 2.45% year-on-year [25] - Basic earnings per share were 0.23 yuan [25] Group 16 - Botong Co., Ltd. achieved a net profit of 13.33 million yuan in the first half of 2025, a year-on-year increase of 42.95% [26] - The company reported an operating income of 149 million yuan, up 5.23% year-on-year [26] - Basic earnings per share were 0.2135 yuan [26] Group 17 - Minfeng Special Paper reported a net profit of 15.07 million yuan in the first half of 2025, a year-on-year decrease of 68.88% [28] - The company achieved an operating income of 601 million yuan, down 23.21% year-on-year [28] - Basic earnings per share were 0.043 yuan [28] Group 18 - Changchun Yidong announced that a shareholder plans to reduce their stake by up to 2.97% [29] - The reduction period is from September 8, 2025, to December 5, 2025 [29] Group 19 - Jiukang Bio received an invention patent certificate for a reagent [30] - The patent involves the application of a specific enzyme in diagnostic reagents [30] Group 20 - Xuelang Environment announced the resignation of its general manager due to personal reasons [31] - The chairman will temporarily take over the general manager's responsibilities [31] Group 21 - Tailin Bio's subsidiary obtained a property certificate for industrial land [32] - The land area is 20,500 square meters with a usage period until July 6, 2075 [32] Group 22 - Changgao Electric New's application for convertible bonds has been accepted by the Shenzhen Stock Exchange [33] Group 23 - Tianyoude Wine plans to use up to 147 million yuan of idle funds for cash management [34] Group 24 - Lingxiao Pump Industry used 5.9 million yuan of idle funds to purchase financial products [36] Group 25 - Mengke Pharmaceutical announced that a shareholder plans to reduce their stake by up to 3% [38] Group 26 - Kexiang Co., Ltd. plans to raise no more than 300 million yuan through a simplified procedure [40] Group 27 - Huagong Technology achieved a net profit of 911 million yuan in the first half of 2025, a year-on-year increase of 44.87% [42] - The company reported an operating income of 7.629 billion yuan, up 44.66% year-on-year [42] - Basic earnings per share were 0.91 yuan [42] Group 28 - Shanghai Jianke achieved a net profit of 23.76 million yuan in the first half of 2025, a year-on-year increase of 48.57% [43] - The company reported an operating income of 1.935 billion yuan, up 0.60% year-on-year [43] - Basic earnings per share were 0.06 yuan [43] Group 29 - Darui Electronics achieved a net profit of 132 million yuan in the first half of 2025, a year-on-year increase of 25.32% [44] - The company reported an operating income of 1.405 billion yuan, up 28.04% year-on-year [44] - Basic earnings per share were 1.00 yuan [44] Group 30 - Dongyangguang achieved a net profit of 613 million yuan in the first half of 2025, a year-on-year increase of 170.57% [45] - The company reported an operating income of 7.124 billion yuan, up 18.48% year-on-year [45] - Basic earnings per share were 0.209 yuan [45] Group 31 - Chongqing Beer reported a net profit of 865 million yuan in the first half of 2025, a year-on-year decrease of 4.03% [49] - The company achieved an operating income of 8.839 billion yuan, down 0.24% year-on-year [49] - Basic earnings per share were 1.79 yuan [49] Group 32 - Chongqing Beer announced that its subsidiary plans to increase capital by 600 million yuan [51] Group 33 - Meixin Technology announced that a shareholder plans to reduce their stake by up to 3% [53] Group 34 - Qipai Technology plans to raise no more than 159 million yuan through a private placement [55] Group 35 - Qipai Technology reported a net loss of 586.69 million yuan in the first half of 2025 [57] - The company achieved an operating income of 326 million yuan, up 4.09% year-on-year [57] - Basic earnings per share were -0.55 yuan [57] Group 36 - Huaying Technology reported a net loss of 476 million yuan in the first half of 2025 [59] - The company achieved an operating income of 721 million yuan, down 16.59% year-on-year [59] - Basic earnings per share were -0.1723 yuan [59] Group 37 - Best reported a net profit of 148 million yuan in the first half of 2025, a year-on-year increase of 3.30% [61] - The company achieved an operating income of 716 million yuan, up 2.73% year-on-year [61] - Basic earnings per share were 0.2966 yuan [61] Group 38 - Changliang Technology reported a net loss of 19.11 million yuan in the first half of 2025 [62] - The company achieved an operating income of 664 million yuan, down 5.64% year-on-year [62] - Basic earnings per share were -0.0236 yuan [62] Group 39 - Shunhao Co., Ltd. plans to use up to 35 million yuan of idle funds for entrusted wealth management [64] Group 40 - Weihede achieved a net profit of 65.97 million yuan in the first half of 2025, a year-on-year increase of 24.69% [66] - The company reported an operating income of 356 million yuan, up 38.37% year-on-year [66] - Basic earnings per share were 0.49 yuan [66] Group 41 - Huafa Co., Ltd. reported a net profit of 172 million yuan in the first half of 2025, a year-on-year decrease of 86.41% [67] - The company achieved an operating income of 38.199 billion yuan, up 53.46% year-on-year [67] - Basic earnings per share were 0.06 yuan [67] Group 42 - Mankun Technology achieved a net profit of 632 million yuan in the first half of 2025, a year-on-year increase of 62.30% [68] - The company reported an operating income of 760 million yuan, up 31.56% year-on-year [68] - Basic earnings per share were 0.43 yuan [68] Group 43 - Kelu Electronics achieved a net profit of 190 million yuan in the first half of 2025, turning from loss to profit [69] - The company reported an operating income of 2.573 billion yuan, up 34.66% year-on-year [69] - Basic earnings per share were 0.1144 yuan [69] Group 44 - Sanrenxing achieved a net profit of 144 million yuan in the first half of 2025, a year-on-year increase of 10.83% [71] - The company reported an operating income of 1.657 billion yuan, down 13.36% year-on-year [71] - Basic earnings per share were 0.68 yuan [71] Group 45 - Xinwei Communication achieved a net profit of 162 million yuan in the first half of 2025, a year-on-year decrease of 20.18% [72] - The company reported an operating income of 3.703 billion yuan, down 1.15% year-on-year [72] - Basic earnings per share were 0.1699 yuan [72] Group 46 - Yifan Pharmaceutical achieved a net profit of 304 million yuan in the first half of 2025, a year-on-year increase of 19.91% [72] - The company reported an operating income of 2.635 billion yuan, up 0.11% year-on-year [72] - Basic earnings per share were 0.25 yuan [72] Group 47 - *ST Chengchang achieved a net profit of 566 million yuan in the first half of 2025, turning from loss to profit [73] - The company reported an operating income of 201 million yuan, up 180.16% year-on-year [73] - Basic earnings per share were 0.2783 yuan [73] Group 48 - Rejing Bio announced that a controlling shareholder plans to reduce their stake by up to 1.08% [74] Group 49 - Jingu Co., Ltd. signed a strategic cooperation framework agreement with Luming Robotics [75]

宜通世纪(300310.SZ)发布2025年半年度报告，报告期内，公司实现营业收入12.2亿元，同比下降 0.54%。归属于上市公司股东净亏损176.56万元。归属于上市公司股东的扣除非经常性损益净亏损 790.21万元。基本每股亏损0.002元。 ...

Group 1 - The company Yitong Century (SZ 300310) reported a revenue of approximately 1.22 billion yuan for the first half of 2025, representing a year-on-year decrease of 0.54% [2] - The net profit attributable to shareholders of the listed company was a loss of approximately 1.77 million yuan [2] - The basic earnings per share showed a loss of 0.002 yuan [2]

Group 1 - The company Yitong Century (SZ 300310, closing price: 6.49 yuan) held its 13th meeting of the 5th Board of Directors on August 14, 2025, using a combination of on-site and remote voting [2] - The meeting reviewed the proposal regarding the independent director's allowance for the 6th Board of Directors [2] - For the year 2024, the revenue composition of Yitong Century is as follows: communication services and equipment account for 81.66%, ICT business accounts for 10.07%, and the Internet of Things accounts for 8.27% [2]