证券代码：300423 证券简称：昇辉科技 公告编号：2025-048 昇辉智能科技股份有限公司 关于披露发行股份购买资产并募集配套资金暨关联交易预案后的进 展公告暨未发出召开股东会通知的专项说明 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。 重要风险提示： 1、昇辉智能科技股份有限公司（以下简称"公司"）于 2025 年 4 月 28 日披 露的《昇辉智能科技股份有限公司发行股份购买资产并募集配套资金暨关联交易 预案》（以下简称"本次交易预案"）及其摘要中已对本次交易涉及的有关风险因 素及尚需履行的审批程序进行了详细说明，提请广大投资者关注后续进展公告并 注意投资风险。 2、自本次交易预案披露以来，公司及相关各方一直在积极推进本次交易的 各项工作，但由于本次交易涉及的相关工作进度晚于预期，公司预计无法在首次 审议本次交易的董事会决议公告日后 6 个月内（即在 2025 年 10 月 28 日前）发 出召开股东会的通知。 3、经交易各方协商，公司将继续推进本次交易，并根据中国证监会和深圳 证券交易所的相关规定及时履行本次交易的后续审批和信息披露程序。 一、本 ...

Core Insights - The company reported a significant decline in revenue and net profit for the third quarter and the first three quarters of the year [1] Financial Performance - Third quarter revenue was 138 million, a year-on-year decrease of 67.37% [1] - Third quarter net profit was 2.097 million, a year-on-year decrease of 51.93% [1] - Revenue for the first three quarters was 637 million, a year-on-year decrease of 39.64% [1] - Net profit for the first three quarters was 6.469 million, a year-on-year decrease of 60.27% [1]

Financial Performance - The company's revenue for Q3 2025 was ¥138,272,000, a decrease of 67.37% compared to the same period last year, and a decline of 39.64% year-to-date[5] - Net profit attributable to shareholders was ¥2,096,957, a drop of 51.93% year-on-year, and a decrease of 60.27% year-to-date[5] - Basic earnings per share decreased by 52.27% to ¥0.0042, while diluted earnings per share also fell by 52.27% to ¥0.0042[5] - Total operating revenue for the current period is ¥637,260,867.33, a decrease of 39.6% compared to ¥1,055,840,040.71 in the previous period[20] - Net profit for the current period is ¥4,686,906.59, a decline of 45.3% from ¥8,561,835.61 in the previous period[21] - Other comprehensive income after tax for the current period is -¥4,439,112.94, compared to ¥11,918,088.86 in the previous period[21] Cash Flow - The net cash flow from operating activities for the current period was ¥17,278,420, representing an 88.13% increase compared to the previous year[5] - The net cash flow from operating activities is -¥17,278,420.76, an improvement from -¥145,541,910.17 in the previous period[22] - Cash and cash equivalents decreased by 62.97% to ¥130,072,614.54 due to reduced collections[11] - Cash inflow from financing activities totaled $166,293,800, compared to $112,455,550.87 in the previous period, representing an increase of approximately 47.8%[23] - Cash outflow from financing activities amounted to $170,116,973.05, up from $85,959,083.76, indicating a rise of about 97.5%[23] - The net cash flow from financing activities was negative at -$3,823,173.05, contrasting with a positive net cash flow of $26,496,467.11 in the prior period[23] - The ending balance of cash and cash equivalents decreased to $36,524,095.98 from $238,923,069.13, reflecting a decline of approximately 84.7%[23] - The company’s cash and cash equivalents saw a net decrease of $219,531,535.11 during the period[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,709,432,355.32, down 4.78% from the end of the previous year[5] - Current assets decreased from CNY 1,945,162,263.83 to CNY 1,699,667,338.13, reflecting a decline of approximately 12.6%[18] - Total liabilities decreased from CNY 1,504,892,014.07 to CNY 1,367,169,900.35, a decline of approximately 9.1%[19] - Current liabilities decreased from CNY 1,475,223,069.01 to CNY 1,340,447,778.22, reflecting a reduction of about 9.1%[19] - Non-current assets increased from CNY 900,397,387.52 to CNY 1,009,765,017.19, an increase of approximately 12.1%[19] - The company's goodwill increased from CNY 16,539,968.49 to CNY 19,188,984.81, a rise of about 15.9%[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,284[14] - The top shareholder, Li Zhaoqiang, holds 23.15% of the shares, totaling 115,194,849 shares[14] Investment Activities - Investment activities generated a net cash outflow of ¥198,429,941.30, a 268.66% increase compared to the previous period, driven by increased equity investments[12] - The cash outflow from investment activities is -¥198,429,941.30, worsening from -¥53,824,981.71 in the previous period[22] Expenses - Operating revenue fell by 39.64% to ¥637,260,867.33, primarily impacted by the performance of major clients and a decline in product demand[11] - Research and development expenses decreased by 38.04% to ¥17,099,130.64, indicating reduced investment in R&D[11] - The company reported a significant increase in credit impairment losses, up 191.55% to ¥39,625,975.19, due to the reversal of bad debt provisions[11] - The company’s financial expenses surged by 146.16% to ¥4,608,201.75, primarily due to decreased interest income[11] Accounting Changes - The company implemented a change in accounting policy effective October 1, 2024, affecting the recognition of certain liabilities[6] - Non-recurring gains and losses for the current period totaled -¥3,832,901.47, with significant contributions from asset disposal losses and government subsidies[8] - The company reported a significant increase in non-recurring profit from the disposal of non-current assets, amounting to -¥1,322,667.82 for the current period[8] - The company has not identified any other items that meet the definition of non-recurring gains and losses[9] Audit Status - The third quarter financial report was not audited, indicating a lack of external verification for the reported figures[24]

Group 1 - The core point of the news is that Shenghui Technology's stock price increased by 6.22%, reaching 8.03 CNY per share, with a trading volume of 114 million CNY and a turnover rate of 4.42%, resulting in a total market capitalization of 3.995 billion CNY [1] - Shenghui Technology, established on December 11, 2003, and listed on February 17, 2015, specializes in the research, design, production, sales, installation, and after-sales service of electrical equipment, LED lighting, and smart city-related products [1] - The revenue composition of Shenghui Technology includes: 75.48% from high and low voltage complete equipment, 14.49% from smart city comprehensive services, 10.02% from new energy, and 0.01% from new materials [1] Group 2 - According to data from the top ten holdings of funds, Hongde Fund holds a significant position in Shenghui Technology through its fund, Hongde New Energy Industry Mixed Initiated A (018029), which held 28,400 shares in the second quarter, accounting for 2.39% of the fund's net value [2] - The fund has a current scale of 7.7564 million CNY and has achieved a return of 43.71% year-to-date, ranking 1339 out of 8160 in its category [2] - The fund manager, Sun Zeyu, has been in position for 1 year and 313 days, with the best fund return during his tenure being 54.69% and the worst being 7.48% [2]

Group 1 - The core viewpoint of the article highlights the launch of the LTCO-2200 model in-situ laser oxygen analyzer by Shenghui Intelligent, a subsidiary of Ju Guang Technology, with a suggested market price of 80,000 RMB for the basic configuration [2] - The LTCO-2200 has been successfully operating in various high-temperature and high-dust environments such as chemical and metallurgical industries, demonstrating capabilities like one-second response time, long-term stability, and high anti-interference [2] - The analyzer maintains data accuracy even after months of continuous use, achieving the goal of "install and measure, operation without drift" [2]

昇辉智能科技股份有限公司 关于披露发行股份购买资产并募集配套资金 暨关联交易事项的进展公告 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。 重要风险提示： 证券代码：300423 证券简称：昇辉科技 公告编号：2025-046 1、公司因筹划本次交易事项，经向深圳证券交易所申请，公司股票（证券 简称：昇辉科技，证券代码：300423）自 2025 年 4 月 15 日（星期二）开市起停 牌，停牌时间不超过 10 个交易日，具体内容详见公司于 2025 年 4 月 15 日披露 的《昇辉智能科技股份有限公司关于筹划发行股份及支付现金购买资产并募集配 套资金事项的停牌公告》（公告编号：2025-005）。停牌期间，公司按照规定及 时履行信息披露义务，于 2025 年 4 月 21 日披露了《昇辉智能科技股份有限公司 关于筹划发行股份及支付现金购买资产并募集配套资金事项的停牌进展公告》 （公告编号：2025-006）。 2、公司于 2025 年 4 月 28 日召开了第五届董事会第十次临时会议和第五届 监事会第九次临时会议，审议通过《关于公司本次发行股份购买资产并募 ...

Market Overview - The Shanghai Composite Index closed at 3872.88 points, up 1.17%, with a total trading volume of 1.7438 trillion yuan [1] - As of the current date, 94 A-shares have surpassed their annual moving average [1] Stocks Surpassing Annual Moving Average - Notable stocks with significant deviation rates include: - Kaiwang Technology (301182) with a deviation rate of 15.21% and a daily increase of 17.68% [1] - Wanli Stone (002785) with a deviation rate of 9.52% and a daily increase of 10.01% [1] - Daqing Huake (000985) with a deviation rate of 9.44% and a daily increase of 10.00% [1] - Other stocks with smaller deviation rates include: - China CNR (601990) and Beidahuang (000995), both just above their annual moving average [1] Additional Stocks with Positive Performance - Other stocks showing positive performance include: - Tonghui Information (430090) with a daily increase of 6.20% and a deviation rate of 4.69% [1] - Huangtai Liquor (000995) with a daily increase of 5.17% and a deviation rate of 4.47% [1] - Nanjing Securities (601990) with a daily increase of 4.09% and a deviation rate of 4.00% [1]

Market Overview - The Shanghai Composite Index is at 3832.05 points, above the six-month moving average, with a slight increase of 0.10% [1] - The total trading volume of A-shares today is 940.447 billion yuan [1] Stocks Performance - A total of 117 A-shares have surpassed the six-month moving average today, with notable stocks showing significant deviation rates [1] - The stocks with the highest deviation rates include: - Kaiwang Technology (9.08%) - Liwang Co., Ltd. (6.87%) - Shenghui Technology (6.51%) [1] - Other stocks that have just crossed the six-month moving average with smaller deviation rates include: - China Merchants Securities - Renxin New Materials - Jihigh Development [1] Detailed Stock Data - The top three stocks with the highest daily increase and their respective metrics are: - Kaiwang Technology: 9.71% increase, 7.19% turnover rate, latest price 38.42 yuan [1] - Liwang Co., Ltd.: 13.11% increase, 12.32% turnover rate, latest price 30.03 yuan [1] - Shenghui Technology: 9.64% increase, 9.67% turnover rate, latest price 7.51 yuan [1] - Additional stocks with notable performance include: - Yuejian Intelligent: 5.39% increase, 1.95% turnover rate, latest price 16.03 yuan [1] - Haixing Electric: 4.15% increase, 1.24% turnover rate, latest price 28.13 yuan [1] Additional Stocks with Minor Deviations - Stocks with minor deviations include: - Lingge Technology: 2.11% deviation [2] - Lixin Energy: 1.98% deviation [2] - Fengshan Group: 1.95% deviation [2]

Investment Rating - The report maintains a strong buy recommendation for companies such as Goldwind Technology, Longi Green Energy, and Sungrow Power Supply [2] Core Insights - The global shipping industry is undergoing a green transition driven by the IMO's emission reduction targets and the European carbon tax, with green methanol expected to be a major alternative fuel by 2030, potentially increasing current methanol demand by 40% [1][6] - Major shipyards are actively preparing for methanol vessels, with a concentrated delivery period expected in 2026 [1] - The price of green methanol is currently high, necessitating significant cost reductions in the future [1][6] Industry Overview - The shipping fuel market consumes approximately 300 million tons annually, contributing over 2% of global CO₂ emissions [10] - The International Maritime Organization (IMO) has set ambitious targets for emission reductions, aiming for a 20%-30% reduction by 2030 and net-zero emissions by 2050 [10][11] - The European Union's inclusion of shipping in its carbon trading system (ETS) starting in 2024 will further incentivize the transition to green fuels [11] Green Methanol as a Key Choice - Green methanol is positioned as a long-term solution for shipping fuel due to its advantages such as flexible storage, lower cost per energy unit, and environmental friendliness [6][19] - The global demand for methanol is projected to increase significantly, with estimates suggesting that if methanol's share in shipping fuel reaches 10% by 2030, it could add over 50 million tons to global methanol demand [43][50] Production and Cost Considerations - The production of green methanol is currently limited by high costs and stringent EU definitions, with biomass gasification and fermentation being the main production routes [1][23] - The current price of green methanol exceeds 7000 RMB per ton, making it economically unfeasible for shipowners without further cost reductions [1][23] Key Companies - The report highlights several companies to watch, including Goldwind Technology, Longi Green Energy, Sungrow Power Supply, and others involved in the green methanol production and supply chain [6][51]

Group 1 - The core point of the article is that Shenghui Technology has successfully won a bid for a national oil and gas pipeline project, securing an order worth over 1 billion [1] Group 2 - The order signifies a significant achievement for Shenghui Technology, highlighting its capabilities in the oil and gas sector [1] - This project may enhance the company's market position and contribute to its revenue growth in the future [1] - The successful bid reflects the increasing demand for infrastructure development in the energy sector [1]