Core Viewpoint - The company *ST Dongtong (300379) reported a significant revenue increase in the first half of 2025, with a 48.85% growth year-on-year, although it still faced a net loss that narrowed by 66.80% compared to the previous year [1] Financial Performance - The company achieved a revenue of 240 million yuan in the first half of 2025, with a net profit of -55.158 million yuan [1] - The core middleware business generated 133 million yuan, up 44.05% year-on-year, while the security products business saw a revenue of 60.7076 million yuan, increasing by 60.57% [1] - The digital transformation business reported a revenue of 46.3752 million yuan, reflecting a growth of 48.86% [1] Cost Management and Profitability - The company demonstrated effective cost control, leading to a reduction in operating expenses and an increase in gross margins across various business segments [1] - High-margin businesses, such as core middleware, accounted for over 55% of total revenue, contributing to improved overall profitability [1] Cash Flow and Receivables - The net cash flow from operating activities increased by 112.82% compared to the same period last year, indicating enhanced cash collection capabilities [2] - Accounts receivable decreased by 16.07% from the beginning of the year, primarily due to increased sales collections [2] Industry Expansion - The company achieved notable revenue growth in the telecommunications and financial sectors, with increases of 71.82% and 43.65% respectively [2] - Both sectors experienced stable gross margin improvements, with the company providing foundational software support and comprehensive network security solutions to telecom operators and enhancing middleware applications in financial core systems [2] Product Development and Market Position - The company launched the new generation of secure and trusted application service middleware, TongWeb-T, integrating trusted computing technology [3] - In response to the AI trend, the company introduced the TongAgentPlatform, facilitating the rapid construction of intelligent agents [3] - The company has established a presence in the emerging low-altitude economy with core products like the drone intelligent control platform and serves as the vice-chair of the Beijing Low-altitude Industry Alliance [3] Competitive Strategy - The company aims to strengthen its technological innovation and sales channel development while enhancing brand promotion and marketing systems [3] - It plans to achieve competitive advantages through differentiated positioning and expand its main business to address market competition risks [3]

据证券之星公开数据整理，近期*ST东通（300379）发布2025年中报。截至本报告期末，公司营业总收 入2.4亿元，同比上升48.85%，归母净利润-5515.8万元，同比上升66.8%。按单季度数据看，第二季度营 业总收入1.06亿元，同比上升23.57%，第二季度归母净利润-2461.5万元，同比上升73.59%。本报告期 *ST东通盈利能力上升，毛利率同比增幅7.9%，净利率同比增幅77.7%。 本次财报公布的各项数据指标表现尚佳。其中，毛利率78.04%，同比增7.9%，净利率-22.99%，同比增 77.7%，销售费用、管理费用、财务费用总计2.03亿元，三费占营收比84.49%，同比减32.84%，每股净 资产5.52元，同比减11.0%，每股经营性现金流0.04元，同比增113.02%，每股收益-0.1元，同比增 66.64% 偿债能力：公司现金资产非常健康。 商业模式：公司业绩主要依靠研发及营销驱动。需要仔细研究这类驱动力背后的实际情况。 财报体检工具显示： 建议关注公司现金流状况（近3年经营性现金流均值/流动负债仅为-110.09%） 建议关注财务费用状况（近3年经营活动产生的现金流净额均 ...

8月26日晚间，*ST东通（300379.SZ）发布2025年半年度报告，报告期内，公司实现营业收入2.40亿 元，同比增长48.85%；净利润由去年同期-16613.50万元减亏至-5515.76万元，亏损减少超1.1亿元，同比 收窄66.80%；公司经营现金流净额回正达到2294.95万元，同比改善112.82%。 上半年，公司紧密围绕市场变化及年度经营目标开展工作，同时受益于政策推进、需求回暖及业务拓展 得力，多业务板块实现高质量增长。此外，公司成本控制效果显著，毛利率同比提升，盈利能力大幅改 善，交出一份高质量发展的答卷。 客户拓展与新品拉动齐发力，中间件收入同比增长44.05% 上半年公司中间件业务表现强劲。2025年上半年，基础软件中间件业务实现收入1.33亿元，同比大幅增 长44.05%；毛利率为98.77%，在维持较高水平的情况下仍较去年同期提升2.16个百分点，彰显盈利韧性 与产品竞争力。 在中间件智能化方面，公司依托应用服务器中间件TongWeb、云原生中间件平台TongCNMP、智能体平 台TongAgentPlatform等核心产品，深度融入大模型技术，不仅实现了企业IT系统的降本增效 ...

Core Viewpoint - Beijing Tongtech Co., Ltd. is under investigation by the China Securities Regulatory Commission for suspected false reporting, which has led to significant financial implications and stock warnings [1][6][10]. Financial Performance - The company reported a revenue of approximately 239.93 million yuan for the first half of 2025, representing a 48.85% increase compared to 161.18 million yuan in the same period last year [6]. - The net profit attributable to shareholders was a loss of approximately 55.16 million yuan, an improvement of 66.80% from a loss of 166.13 million yuan in the previous year [6]. - The net cash flow from operating activities was approximately 22.95 million yuan, a significant turnaround from a negative cash flow of 178.98 million yuan [6]. - Total assets decreased by 3.97% to approximately 3.43 billion yuan from 3.57 billion yuan at the end of the previous year [6]. Business Overview - The company is a pioneer in the middleware industry in China, focusing on providing security and industry information solutions, with a vision to build a secure and intelligent digital world [7][10]. - The company aims to enhance its middleware product system and develop AI capabilities, particularly in the context of cloud-native technologies [10][12]. Product and Service Development - The company has developed a range of products in information security, including systems for monitoring and managing network content and threats [7][9]. - It offers integrated solutions for network security, data security, and application security, leveraging AI and big data technologies [9][12]. - The company is actively involved in the governance of telecom network fraud, developing a series of products for risk monitoring and prevention [10][12]. Competitive Position - The company has maintained its position as the market leader in domestic middleware for 16 consecutive years, serving over 10,000 government and enterprise users across various sectors [11][12]. - It has a strong focus on independent research and development, with over 260 software copyrights and 100 patents in the middleware field [12][13]. Strategic Initiatives - The company is expanding its ecosystem through partnerships and collaborations, with a total of 364 members in its ecosystem alliance [15][16]. - It is actively participating in industry standards development and has achieved compatibility with various domestic hardware and software products [14][16].

Core Points - The company, Beijing Oriental Tong Technology Co., Ltd., has been investigated by the China Securities Regulatory Commission (CSRC) for suspected false disclosures in its periodic reports [4][5][6] - The independent directors expressed their inability to verify the accuracy and completeness of the financial data in the 2025 semi-annual report due to the ongoing investigation [2][3] - The company reported a significant increase in operating revenue by 48.85% year-on-year, amounting to approximately 239.93 million yuan, while the net profit attributable to shareholders improved by 66.80%, reaching a loss of about 55.16 million yuan [5] Financial Performance - Operating revenue for the reporting period was 239,929,168.10 yuan, compared to 161,184,732.53 yuan in the same period last year, reflecting a growth of 48.85% [5] - The net profit attributable to shareholders was -55,158,035.97 yuan, an improvement from -166,134,971.77 yuan, indicating a 66.80% reduction in losses [5] - The net cash flow from operating activities was 22,949,517.56 yuan, a significant turnaround from -178,984,131.50 yuan, marking a 112.82% increase [5] Shareholder Information - The company does not plan to distribute cash dividends or issue bonus shares, nor will it increase capital from reserves [3] - The top shareholder, Huang Yongjun, holds 7.35% of the shares, with a portion of his shares pledged [5][6] - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period [6]

证券代码：300379 证券简称：*ST 东通 公告编号：2025-084 北京东方通科技股份有限公司 第五届董事会第二十七次会议决议公告 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，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 北京东方通科技股份有限公司（以下简称"公司"）第五届董事会第二十七 次会议通知于 2025 年 8 月 20 日以书面方式送达全体董事，于 2025 年 8 月 26 日 10 时在公司会议室以现场与通讯相结合的方式召开。参加会议的全体董事知 悉本次会议的审议事项，并充分表达意见。会议应参加表决董事 9 人，实际出席 董事 9 人，占公司董事总数的 100％。公司监事、部分高级管理人员列席了会议， 由董事长黄永军先生主持。会议的召集、召开和表决程序符合《中华人民共和国 公司法》等法律法规及《公司章程》的有关规定。 二、董事会会议审议情况 参加会议的董事对相关议案进行了认真审议，经表决，形成如下决议： （http://www.cninfo.com.cn）上披露的相关公告。本事项已经公司审计委员会 全体成员审议，同意提交董事会审议。 表决结果：同意 7 票 ...

北京东方通科技股份有限公司 第五届监事会第二十六次会议决议公告 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。 一、监事会会议召开情况 证券代码：300379 证券简称：*ST 东通 公告编号：2025-085 具体内容详见同日披露于巨潮资讯网（www.cninfo.com.cn）上的相关公告。 表决结果：同意 3 票；反对 0 票；弃权 0 票。 特此公告。 与会监事对相关议案进行了认真审议，作出如下决议： （一）审议通过《公司 2025 年半年度报告及其摘要》 经审议，监事会认为：公司董事会编制和审核《2025 年半年度报告》及《2025 年半年度报告摘要》的程序符合法律、行政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 或者重大遗漏。 具体内容详见同日披露于巨潮资讯网（www.cninfo.com.cn）上的相关公告。 表决结果：同意 3 票；反对 0 票；弃权 0 票。 （二）审议通过《公司 2025 年半年度募集资金存放与使用情况专项报告》 经审议，监事会认为：公司募集资金的管理、使用及运作 ...

| 小计 | | | | 237,163,953.34 | 943,994.45 | 40,517,574.92 | 999,482,342.72 | | --- | --- | --- | --- | --- | --- | --- | --- | | | 北京宏链科技有限公司 | 上市公司的其他附属企业 | | 应收账款 | | | | | 45,000.00 | | | | 45,000.00 出售商品/提供劳务 | | 经营性往来 | | | 其他关联方 | 友虹（北京）科技有限公司 | 上市公司的其他附属企业 | | 应收账款 | | | | | 147,000.00 | | | | 147,000.00 出售商品/提供劳务 | | 经营性往来 | | | 及其附属企业 | | | | | | | | | 小计 | | | 192,000.00 | - | - | - | 192,000.00 | | 总计 | — | — — | | 237,163,953.34 | 943,994.45 | 40,517,574.92 | | | 999,674,342.72 | — | | | | | | | ...

关于北京东方通科技股份有限公司 2025年半年度募集资金存放与使用情况的专项报告 根据中国证券监督管理委员会《上市公司募集资金监管规则》《深圳证券 交易所上市公司自律监管指引第2号——创业板上市公司规范运作》和相关格式 指引的规定，北京东方通科技股份有限公司（以下简称为"公司"或"东方 通"）对2025年半年度募集资金存放与使用情况说明如下： 一、募集资金基本情况 （一）实际募集资金金额、资金到账时间 经中国证券监督管理委员会（以下简称"中国证监会"）《关于同意北京 东方通科技股份有限公司向特定对象发行股票注册的批复》（证监许可〔2022〕 2806号）同意注册，东方通向特定对象发行人民币普通股（A股）106,024,096 股，发行价格人民币20.75元/股，募集资金总额为人民币2,199,999,992.00元， 扣除发行费用（不含税）人民币30,779,267.93元，实际募集资金净额为人民币 2,169,220,724.07元。大华会计师事务所（特殊普通合伙）对截至2023年6月2 日公司本次向特定对象发行股票的募集资金到位情况进了审验，并出具了《验 资报告》（大华验字[2023]000317号）。 ...

北京东方通科技股份有限公司（以下简称"公司"）第五届监事会第二十六 次会议于 2025 年 8 月 26 日 11 时在公司会议室以现场及通讯相结合的方式召开。 本次会议的通知已于 2025 年 8 月 20 日以书面方式送达所有监事。参加会议的全 体监事知悉本次会议的审议事项，并充分表达意见。应出席本次会议的监事 3 人，实际出席本次会议的监事 3 人。会议由监事会主席陈乔先生主持，董事会秘 书列席会议。本次会议的召集、召开和表决程序符合《中华人民共和国公司法》 及《公司章程》的有关规定。 证券代码：300379 证券简称：*ST 东通 公告编号：2025-085 北京东方通科技股份有限公司 第五届监事会第二十六次会议决议公告 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。 一、监事会会议召开情况 经审议，监事会认为：公司募集资金的管理、使用及运作程序符合《上市公 司募集资金监管规则》及《深圳证券交易所上市公司自律监管指引第 2 号——创 业板上市公司规范运作》等有关规则和公司《募集资金管理及使用制度》的规定， 募集资金的实际使用合法、合规，未发现违反法律、 ...