红相股份有限公司 2025 年半年度报告全文 红相股份有限公司 2025 年半年度报告 2025-030 2025 年 8 月 1 红相股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人杨力、主管会计工作负责人潘宝鹏及会计机构负责人(会计主 管人员)黄雅琼声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 1、宏观经济及产业政策变动的风险 公司主营业务的下游客户涉及能源、国防等国家战略性基础行业，与国家 宏观经济环境及产业政策导向关联性较高，宏观经济环境的变化及产业政策 的调整将对公司的经营产生影响。目前上述领域均不同程度得到国家和地方 产业政策的大力支持，行业投入也保持在较高水平，从而带动相关产业快速 发展。但如果国内宏观经济形势出现较大的变化，相关产业政策发生重大调 整，则可能带来公司产品需求下降的风险，将对公司的生产经营产生不利影 响。 2、订单履行风险 公司大多数订单 ...

红相股份公告，2025年上半年营业收入2.96亿元，同比下降12.29%。净利润1907.82万元，同比增长 118.87%。公司计划不派发现金红利，不送红股，不以公积金转增股本。 ...

二〇二五年八月 | | | 红相股份有限公司 章程 红相股份有限公司章程 第一章 总 则 第一条 为维护公司、股东和债权人的合法权益，规范公司的组织和行为，根据 《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》 （以下简称"《证券法》"）和其他有关规定，制订本章程。 第二条 公司系依照《公司法》和其他有关规定成立的股份有限公司（以下简称 "公司"）。 公司由厦门红相电力设备进出口有限公司依法变更设立，厦门红相电力设备进 出口有限公司原有股东即为公司发起人；公司于 2008 年 11 月 28 日在厦门市工商行 政管理局注册登记，取得营业执照，统一社会信用代码 91350200776007963Y。 第三条 公司于2015年1月30日经中国证券监督管理委员会（以下简称"中国证 监会"）核准，首次向社会公众公开发行人民币普通股2,217万股，于2015年2月17日 在深圳证券交易所创业板上市。 第四条 公司注册名称：红相股份有限公司。英文名称：Red Phase INC. 第五条 公司住所：厦门市思明区南投路3号1002单元之一；邮政编码：361008。 第六条 公司注册资本为人民币5 ...

统计范围： 相关报告：智研咨询发布的《2025-2031年中国能源行业市场研究分析及投资前景评估报告》 2025年6月，福建省发电269.2亿千瓦时，同比增长1.3%。2025年上半年，福建省发电725.6亿千瓦时， 同比增长0.3%。分品种看，2025年上半年，福建省火力发电量838.3亿千瓦时，占总发电量的53.3%，同 比下滑1.8%；福建省水力发电量111.8亿千瓦时，占总发电量的7.1%，同比下滑32.5%；福建省核能发电 量495亿千瓦时，占总发电量的31.5%，同比增长28.9%；福建省风力发电量118.9亿千瓦时，占总发电量 的7.6%，同比增长5.7%；福建省太阳能发电量9.73亿千瓦时占总发电量的0.6%，同比增长100.3%。 报告中的产量数据统计口径均为规模以上工业，其统计范围为年主营业务收入2000万元及以上的工业企 业。 上市企业：闽东电力（000993）、科华数据（002335）、雪人股份（002639）、中能电气（300062）、 *ST红相（300427）、宁德时代（300750）、中闽能源（600163） 由于规模以上工业企业范围每年发生变化，为保证本年数据与上年可比，计算 ...

红相股份主营业务为电力监测设备的研发、生产和销售，产品主要应用于电力系统状态监测领域。公司 所属行业为电网设备制造业。 红相股份8月12日股价报收6.92元，较前一交易日下跌0.09元，跌幅1.28%。当日开盘价为7.00元，最高 触及7.18元，最低下探至6.88元，成交量为21.34万手，成交金额1.49亿元。 当日主力资金净流出362.8万元，占流通市值的0.11%。近五个交易日累计主力资金净流出4400.58万 元，占流通市值的1.29%。 风险提示：股市有风险，投资需谨慎。 8月12日早盘，红相股份曾出现快速反弹走势，在9点38分前的5分钟内涨幅超过2%，股价最高达到7.15 元。 ...

金融界消息 截至2025年8月11日收盘，红相股份（300427）报收于7.01元，下跌0.57%，换手率4.37%， 成交量21.64万手，成交金额1.52亿元。 资金流向方面，今日主力资金净流出1180.60万元，占比成交额7.76%。其中，超大单净流出901.41万 元、占成交额5.93%，大单净流出279.19万元、占成交额1.84%，中单净流出流出502.12万元、占成交额 3.3%，小单净流入1682.72万元、占成交额11.06%。 天眼查商业履历信息显示，红相股份有限公司，成立于2005年，位于厦门市，是一家以从事电气机械和 器材制造业为主的企业。企业注册资本50852.0298万人民币，实缴资本11309.9995万人民币。公司法定 代表人为杨力。 通过天眼查大数据分析，红相股份有限公司共对外投资了11家企业，参与招投标项目1355次，知识产权 方面有商标信息12条，专利信息165条，此外企业还拥有行政许可15个。 来源：金融界 红相股份最新一期业绩显示，截至2025一季报，公司营业总收入1.14亿元、同比增长75.15%，归属净利 润1548.06万元，同比增长147.21%，扣非净利润1 ...

Group 1 - The total salary scale of CFOs in A-share listed companies for 2024 is approximately 4.27 billion yuan, with an average salary of about 926,100 yuan in the machinery and equipment-engineering machinery sector [1] - The highest salary among CFOs is 4.51 million yuan for Liu Hua from Sany Heavy Industry, who holds a master's degree [1] - The average age of CFOs is approximately 50.79 years, with the majority (45%) aged between 50-59 years [1] Group 2 - The educational background of CFOs shows that there are 8 with master's degrees, 12 with bachelor's degrees, and 9 with associate degrees, with average salaries of 1.48 million yuan, 682,200 yuan, and 759,500 yuan respectively [1] - There are instances of salary and company performance misalignment, with some CFOs receiving high salaries despite poor company performance [1] - Two CFOs received warnings or public notifications for violations in 2024-2025 [2]

Core Viewpoint - The article highlights a series of criminal investigations and penalties faced by various listed companies in China due to financial misconduct, including embezzlement, false financial reporting, and other violations of securities laws [2][3]. Group 1: ST Pava Case - ST Pava disclosed that its co-actual controller and director, Zhang Bao, is under criminal investigation for embezzlement, with a total of 191.34 million yuan misappropriated, of which only 30 million yuan has been returned as of July 26, 2025 [2]. - This incident marks ST Pava as the eighth listed company since July to have executives or actual controllers involved in criminal activities related to financial misconduct [3]. Group 2: Hongxiang Shares Case - Hongxiang Shares' actual controller, Yang Cheng, is under criminal investigation for financial misconduct, with previous penalties from the China Securities Regulatory Commission for false financial reporting from 2017 to 2022, including inflated revenues and profits [4][5]. - The company reported inflated revenues of 104.89 million yuan in 2017, 255.59 million yuan in 2018, and other significant amounts in subsequent years, leading to severe penalties [5][6]. Group 3: Liyuan Technology Case - Liyuan Technology's actual controller, Shen Wanzhong, received a criminal sentence for violating information disclosure laws, with inflated revenues reported in 2021 amounting to over 103.84 million yuan, constituting 24.71% of the disclosed revenue [6][7]. Group 4: Jintongling Case - Jintongling is facing criminal charges for providing false financial data over six consecutive years, with significant misreporting of losses as profits, leading to severe investor losses [8]. Group 5: ST Qibu Case - ST Qibu is under investigation for financial fraud, with allegations of profit inflation and false disclosures in bond issuance documents, leading to criminal charges against responsible personnel [9][10]. Group 6: ST Dongshi Case - ST Dongshi's actual controller, Xu Xiong, was sentenced for market manipulation, receiving a six-and-a-half-year prison term and a fine of 170 million yuan [11]. Group 7: Ruiskanda Case - Ruiskanda's executives are facing criminal charges for misleading disclosures, with inflated revenues reported in 2019 and 2020 amounting to 35.13 million yuan and 28.13 million yuan, respectively [12]. Group 8: Tuidi Jinguang Case - Tuidi Jinguang's executives were arrested for significant financial misreporting, with inflated profits reported in 2022, 2023, and 2024, amounting to 36.10 million yuan, 68.09 million yuan, and 15.38 million yuan, respectively [13][14].

Core Viewpoint - Since July, eight listed companies in China, including ST Pava and Hongxiang Co., have seen their actual controllers or key executives involved in criminal activities due to violations, with nearly 20 cases since 2025. The regulatory focus is now on the "third-party accomplices" that facilitate these fraudulent activities [2] Regulatory Actions - The China Securities Regulatory Commission (CSRC) is intensifying accountability measures against third-party accomplices involved in financial fraud, aiming to establish the "Regulations on the Supervision and Administration of Listed Companies" to legally empower the CSRC to investigate and impose administrative penalties on these accomplices [2] - The CSRC is promoting inter-departmental cooperation, where identified accomplices will be referred to relevant authorities for further action, allowing each department to manage its respective cases [2] Case Examples - The case of Yuebo Power saw two accomplices fined 2.3 million yuan, marking a precedent in administrative penalties [2] - In the Saiwei Intelligent case, a third-party company involved in fraud was ordered to bear 3% of the joint liability for damages, establishing a judicial precedent [2] - In the Beijing Culture case, related accountants faced criminal accountability, indicating a breakthrough in criminal responsibility for accomplices [2]

Group 1 - The core viewpoint of the news is that Hongxiang Co., Ltd. has shown significant growth in its financial performance, with a notable increase in revenue and net profit in the latest quarterly report [1] - As of August 1, 2025, Hongxiang's stock price closed at 6.37 yuan, reflecting a 1.27% increase, with a trading volume of 265,100 hands and a transaction amount of 168 million yuan [1] - The company's latest quarterly report indicates total operating revenue of 114 million yuan, a year-on-year increase of 75.15%, and a net profit attributable to shareholders of 15.48 million yuan, up 147.21% year-on-year [1] Group 2 - Hongxiang Co., Ltd. has made investments in 11 companies and participated in 1,355 bidding projects, showcasing its active engagement in the market [2] - The company holds 12 trademark registrations and 165 patents, indicating a strong focus on intellectual property [2] - Additionally, Hongxiang has obtained 15 administrative licenses, further demonstrating its operational capabilities [2]