证券日报网讯富邦科技（300387）9月9日在互动平台回答投资者提问时表示，公司聚力现代农业技术创 新，不断发展现代农业业务。2025年上半年，公司依托康欣生物与富邦湘渝两大平台，通过"技术创新 +市场开拓"双轮驱动路径，在产品质量提升、应用场景优化、销售策略改进等方面系统布局，全面推 进产业链、创新链和价值链的深度融合与协同升级，持续提升现代农业业务发展的质量和效益。2025年 上半年，公司现代农业业务规模与经营效益均实现稳步提升，实现营业收入12，236.98万元，同比增长 13.31%。 ...

（记者 王瀚黎） 每经AI快讯，有投资者在投资者互动平台提问：请问公司在农业微生物领域的研发成果转化方面有哪 些具体措施？如何提高研发成果的转化率？在与高校、科研机构的合作中，如何更好地实现产学研深度 融合，推动农业微生物技术创新和成果转化？ 富邦科技（300387.SZ）9月9日在投资者互动平台表示，公司高度重视科技创新与成果转化，在现代农 业领域已建立起较为完善的研发体系和产学研合作机制。公司始终坚持以市场需求为导向，以产业应用 为目标，持续推动技术研发与成果落地之间的有效衔接。 2025年上半年，富邦湘渝持续加大研发资源 投入，对研发与生产设备进行智能化、数字化升级，精准优化生产流程与工艺参数，显著提升了生产效 率和产品品质稳定性。康欣生物依托"国家生物农药工程技术研究中心"，通过"自主创新+协同攻关"的 模式，持续深化在禾本科固氮和根结线虫防治两大核心领域的技术布局。在禾本科固氮领域，公司与华 中农业大学生物固氮团队、中国农科院油料作物研究所李培武院士团队建立了深度合作关系，共同推 进"高效作物固氮菌剂创制与应用示范"重点项目合作。在根结线虫防治领域，公司重点引进了一支具有 微生物学、植物病理学及分子 ...

Group 1 - The company emphasizes the importance of biotechnology innovation and application in the agricultural sector [1] - Related products have been gradually promoted in economic crops and field crops [1]

Core Viewpoint - Fubon Technology is aligning with national rural revitalization strategies and digital economy development plans by focusing on digital agriculture support services, aiming to provide comprehensive digital agricultural solutions for new agricultural operators [1] Group 1: Company Initiatives - The company is committed to modernizing agriculture by leveraging advanced technologies and products in the digital agriculture sector [1] - Fubon Technology has established the "Tomato Community" as a demonstration park to showcase its digital agricultural technologies [1] Group 2: Industry Context - The company is seizing opportunities presented by the development of new productive forces in agriculture, contributing to the overall modernization of the agricultural sector [1]

| 投资者关系活 □ | 特定对象调研 | | 分析师会议 □ | | --- | --- | --- | --- | | 动类别 □ | 媒体采访 | | □ 业绩说明会 | | □ | 新闻发布会 | |  路演活动 | | □ | 现场参观 | | | | □ | 其他 | | （请文字说明其他活动内容） | | 参与单位名称 | 鹏华基金 陈金伟 | | | | 及人员姓名 | 宝盈基金 侯星宇 | | | | | 华福证券 | | 李骥、孙范彦卿 | | 时间 2025 | 年 8 月 | 28 | 日（周四）15:30——16:30 | | 地点 | 深圳·东海朗廷酒店 | | | | 上市公司接待 | 富邦科技证券事务代表：黄飞虎 | | | | 人员姓名 | 富邦科技证券部：陈龙 | | | | 投资者关系活 | 本次投资者活动的主要内容如下： | | | | 动主要内容介 | Q1、公司肥料助剂领域是否有值得期待的新产品处于研发或 | | | | 绍 | 准备推出阶段？ | | | | | A：公司始终坚持科技创新驱动化肥助剂业务发展。在研发方 | | | | | 面，重点开发了包括新型多 ...

Core Viewpoint - Hubei Fubon Technology Co., Ltd. held a half-year performance briefing on August 26, 2025, discussing business development and strategic layout with investors through an online platform [1][2]. Group 1: Business Development - The agrochemical additive business is performing well, with a focus on "precision, greenness, efficiency, and nutrition" in product strategy, leading to a revenue of 496.41 million yuan in the first half of 2025, a year-on-year increase of 5.62% [3]. - The company has established a digital agriculture industrial park in Sanhe Town, Echeng City, leveraging land transfer and smart agricultural technology [3]. - The modern agriculture business achieved a revenue of 122.37 million yuan in the first half of 2025, reflecting a year-on-year growth of 13.31% [3]. Group 2: Financial Performance - In the first half of 2025, the company reported total revenue of 684.60 million yuan, a year-on-year increase of 6.50%, with domestic revenue of 365.06 million yuan (up 5.10%) and overseas revenue of 319.54 million yuan (up 8.16%) [3]. - The net profit attributable to shareholders was 61.22 million yuan, with net assets increasing by 9.53% to 1.47 billion yuan [3]. Group 3: Strategic Initiatives - The company is focusing on technological innovation in the fields of biological and digital agriculture, with a dual strategy of "biotechnology + digital technology" to drive agricultural modernization [3]. - The company has developed a "soil digital map" and related digital solutions through its subsidiary, Wuhan Soutu Data Technology Co., Ltd., which is in the demonstration application stage domestically [3]. - The company has established a cooperative in the Netherlands to enhance its core competitiveness by utilizing European market resources [3].

Group 1: Business Performance - The company achieved a revenue of 68,459.76 million yuan in the first half of 2025, representing a year-on-year increase of 6.50% [8] - Domestic revenue reached 36,505.79 million yuan, up 5.10%, accounting for 53.32% of total revenue; while overseas revenue was 31,953.97 million yuan, increasing by 8.16%, making up 46.68% of total revenue [8] - The modern agriculture business generated 12,236.98 million yuan in revenue, with a year-on-year growth of 13.31% [6][10] Group 2: Agricultural Business Strategy - The company focuses on the transformation and upgrading of agricultural additives, emphasizing precision, greenness, efficiency, and nutrition [2] - It has been recognized as the "global leader in fertilizer additive sales" by an international consulting firm, with a revenue of 49,641.49 million yuan, reflecting a growth of 5.62% [2] - The company is developing a digital agriculture industry park in Echeng City, integrating economic crop planting, agricultural technology display, and education [3] Group 3: Technological Innovation - The company is committed to technology innovation, focusing on biodegradable and environmentally friendly materials, and has launched products like nitrogen-fixing for gramineous crops and nematode control [3][4] - It has established a comprehensive R&D system for biological agriculture, covering microbial agents, bio-fertilizers, and biopesticides [4] - The company is leveraging "digital + biological" technology to drive modern agricultural transformation [4] Group 4: Market Expansion and Risk Management - The company is optimizing its sales network to expand into emerging international markets, particularly Southeast Asia [6] - It employs a dual currency settlement strategy to mitigate foreign exchange risks, ensuring stable overseas business development [8] - The company has established a cooperative in the Netherlands to enhance international market engagement and technology acquisition [7] Group 5: Financial Management and Future Outlook - The decline in net profit is attributed to increased investments in core technologies and product innovation, as well as extended product turnover periods due to overseas market expansion [10] - The company aims to balance scale and efficiency, enhancing resource allocation and operational efficiency to improve profitability [11] - Future strategies include continuous optimization of financial management and risk assessment related to goodwill [11]

Industry Focus - The 2025 CBP Bio-Agriculture Promotion Conference will focus on the core issues of biological transformation in the agricultural sector, aiming to interpret cutting-edge trends and development directions in bio-agriculture [1] - The Chinese fertilizer export situation for 2025 is expected to show "total volume growth year-on-year, continuous optimization of structure, and emerging markets" according to a senior consultant from Beijing Guotong Big Data Co., Ltd [1] - The Ministry of Agriculture and Rural Affairs has initiated a major pest and disease prevention campaign for autumn grain crops, organizing field observations in major producing provinces [1] Market Analysis - In Shandong and Chongqing, the agricultural input market is becoming more active as the autumn fertilizer preparation period begins, indicating a potential improvement in trading atmosphere [1] - The domestic monoammonium phosphate market is experiencing a significant divergence between strong upstream costs and weak downstream demand, leading to a stalemate in the market [1] Company Dynamics - Xingfa Group is actively responding to national supply and price stabilization calls amid a surge in agricultural input demand during the busy season [1] - Stanley's mid-year report shows a revenue of 6.391 billion yuan, a year-on-year increase of 12.66%, and a net profit of 607 million yuan, up 18.9% year-on-year [1] - Fubon Technology is leading a major agricultural microbiology project in Hubei Province focused on the creation and application demonstration of efficient crop nitrogen-fixing agents [1] - Jinzhe Group ranked 31st on the innovation list of the 2025 Shandong Top 100 Private Enterprises [1] - Hubei Yihua reported a net profit of 399 million yuan for the first half of 2025, a year-on-year decrease of 43.92% [1] Company Announcements - Salt Lake Co. announced the termination of a $300 million subscription intention for a merger with Highfield Resources Limited after a comprehensive evaluation [2] - Aojia Ecological reported a profit of 668,700 yuan for the first half of 2025, reversing a loss from the previous year, with a revenue of 101 million yuan, up 30.56% year-on-year [2]

Core Viewpoint - Fubon Technology (300387) reported mixed financial results for the first half of 2025, with revenue growth but a decline in net profit, indicating potential challenges in profitability despite increased sales [1][3]. Financial Performance Summary - Total revenue for the first half of 2025 reached 685 million yuan, a year-on-year increase of 6.5% compared to 643 million yuan in 2024 [1]. - Net profit attributable to shareholders was 61.22 million yuan, down 12.47% from 69.94 million yuan in the previous year [1]. - The second quarter saw revenue of 380 million yuan, reflecting a 16.1% increase year-on-year, while net profit for the quarter was 38.09 million yuan, a decrease of 12.91% [1]. - Gross margin decreased to 26.45%, down 11.18% year-on-year, and net margin fell to 9.26%, down 17.41% [1]. - Total receivables increased significantly, reaching 341 million yuan, which is 364.42% of the latest annual net profit, indicating potential liquidity concerns [1][4]. Key Financial Metrics - Operating expenses (sales, management, and financial expenses) totaled 75.99 million yuan, accounting for 11.1% of revenue, a decrease of 5.86% year-on-year [1]. - Earnings per share (EPS) dropped to 0.21 yuan, down 12.48% from 0.24 yuan [1]. - Cash flow from operating activities showed a negative value of -0.17 yuan per share, a significant decline of 263.28% year-on-year [1]. Changes in Financial Items - Accounts receivable increased by 44.22% due to sales growth, while contract assets decreased by 60.37% due to reduced warranty deposits [3]. - Long-term borrowings rose by 50.9% as a result of increased bank loans [3]. - Cash and cash equivalents saw a net decrease of 353.3%, attributed to increased purchases of raw materials and financial products [3]. Business Evaluation - The company's return on invested capital (ROIC) was 6.16%, indicating average capital returns, with a historical median ROIC of 5.62% over the past decade [4]. - The company has established a robust research and development mechanism to ensure continuous investment and innovation in agricultural microbiology [5].

Core Viewpoint - Fubon Technology (300387.SZ) reported its semi-annual results for 2025, highlighting significant institutional investment and changes in shareholding structure [1] Institutional Investment - As of August 21, 2025, five institutional investors disclosed holdings in Fubon Technology A-shares, totaling 116 million shares, which represents 40.29% of the company's total equity [1] - The institutional ownership increased by 0.17 percentage points compared to the previous quarter [1] - The institutional investors include: - Yingcheng Fubon Technology Co., Ltd. - NORTHLAND CHEMICALS INVESTMENT LIMITED - Wuhan Yangtze Chuangfu Investment Co., Ltd. - Zhenghong Development Co., Ltd. - BARCLAYS BANK PLC [1] Social Security Fund - There was one social security fund disclosed in this period, which is the Huatai-PineBridge Fund Management Co., Ltd. - Social Security Fund 1802 Portfolio, unchanged from the previous quarter [1] Foreign Investment - One new foreign institutional investor disclosed this quarter, BARCLAYS BANK PLC [1]