Core Viewpoint - Haoyun Technology (300448) reported a significant increase in revenue but a substantial decline in net profit for the first half of 2025, indicating potential operational challenges despite revenue growth [1]. Financial Performance Summary - Total revenue for the reporting period reached 274 million yuan, a year-on-year increase of 76.41% [1]. - Net profit attributable to shareholders was -15.52 million yuan, a year-on-year decrease of 349.61% [1]. - In Q2 alone, total revenue was 213 million yuan, up 191.29% year-on-year, while net profit was -9.44 million yuan, down 405.53% year-on-year [1]. - The gross margin was 16.17%, a decrease of 64.59% year-on-year, and the net margin was -8.25%, down 448.72% year-on-year [1]. - Total operating expenses (selling, administrative, and financial) amounted to 41.41 million yuan, accounting for 15.11% of revenue, a decrease of 48.21% year-on-year [1]. - Earnings per share were -0.02 yuan, a decrease of 349.46% year-on-year [1]. Changes in Financial Items - Accounts receivable increased by 67.01% due to higher revenue [2]. - Contract liabilities decreased by 31.86% due to reduced advance payments [2]. - Lease liabilities decreased by 100% as the company paid off lease payments [2]. - Financial assets increased by 88.03% due to the purchase of wealth management products [2]. - Other current assets decreased by 38.47% due to a reduction in deductible and certified input tax [2]. Cash Flow and Investment Activities - Net cash flow from operating activities decreased by 303.19% due to increased cash payments for goods and services [4]. - Net cash flow from investing activities increased by 66.67% as the company reduced purchases of bank wealth management products [4]. - Net cash flow from financing activities increased by 106.1% as there were no share buybacks in the reporting period [4]. Business Evaluation - The company's historical return on invested capital (ROIC) has been relatively low, with a median of 12.54% since its listing, and a particularly poor ROIC of -4.53% in 2023 [5]. - The company has experienced two years of losses since its IPO, indicating a fragile business model [5]. - The company maintains a healthy cash asset position, which is crucial for its debt repayment capacity [5].

Core Points - The company has approved a profit distribution plan, proposing a cash dividend of 0.15 yuan per 10 shares, based on a total share count of 667,784,079 shares after excluding repurchased shares [2] - The company has not undergone any changes in its controlling shareholder or actual controller during the reporting period [4][5] - The company has revised its articles of association to include employee representative directors [6] - The company has completed the election of a new board of directors [7][8] - The controlling shareholder has released and pledged shares during the reporting period [9] - The company has signed a significant operational contract with Company X for project integration services [10] - The company has proposed a profit distribution plan for the fiscal year 2024, with a cash dividend of 0.18 yuan per 10 shares, totaling approximately 12.02 million yuan [11] - The profit distribution plan for 2024 has been approved by the annual general meeting of shareholders [11][12]

证券代码：300448 证券简称：浩云科技 公告编号：2025-034 浩云科技股份有限公司 第五届监事会第八次会议决议的公告 本公司及监事会全体成员保证公告内容的真实、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 《2025 年半年度报告摘要》等具体内容详见披露 于巨潮资讯网（http://www.cninfo.com.cn）上的公告。 经审核，监事会认为：公司董事会制定的 2025 年半年度利润分配预案符合 公司实际情况，在保证公司正常经营和长远发展的前提下，更好地兼顾了股东的 短期和长期利益，不存在违反法律、法规、《公司章程》的情形，也不存在损害 公司股东特别是中小股东的利益的情形，有利于公司正常经营和发展，因此同意 公司董事会制定的《2025 年半年度利润分配预案》。 本次会议。 规定。 二、监事会会议审议情况 经认真严格的审核，监事会全体监事一致认为：公司董事会编制和审核公司 《2025 年半年度报告》 《2025 年半年度报告摘要》的程序符合法律、行政法规和 中国证监会的相关规定，报告内容真实、准确、完整地反映了公司报告期内经营 的实际情况，不存在任何虚假记载、误导性 ...

证券代码：300448 证券简称：浩云科技 公告编号：2025-041 浩云科技股份有限公司 关于召开公司2025年第二次临时股东会的通知 本公司及董事会全体成员保证公告内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、召开本次会议的基本情况 次临时股东会的议案》，本次股东会会议的召开符合有关法律、行政法规、部门 规章、规范性文件和《公司章程》等的规定。 现场会议召开时间：2025 年 9 月 8 日（星期一）下午 15:00； 网络投票时间：2025 年 9 月 8 日； 其中，通过深圳证券交易所交易系统进行网络投票的具体时间为：2025 年 券交易所互联网系统投票的具体时间为：2025 年 9 月 8 日上午 9:15 至下午 15:00。 股东应选择现场表决、网络投票中的一种方式，如果同一表决权出现重复投票 表决的，以第一次投票表决结果为准。 （1）截至 2025 年 9 月 2 日（星期二）下午深圳证券交易所交易结束后在 中国证券登记结算有限责任公司深圳分公司登记在册的本公司全体普通股股东 均有权出席本次会议并参加表决，因故不能亲自出席会议的股东可委托代理人 代为出席并参加表决（授权 ...

浩云科技股份有限公司 2025 年半年度报告全文 浩云科技股份有限公司 浩云科技股份有限公司 2025 年半年度报告全文 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。 公司负责人雷洪文、主管会计工作负责人王汉晖及会计机构负责人(会计主管人员)简 玉琴声明：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。 本报告中涉及未来计划等前瞻性陈述的，均不构成公司对投资者的实质承诺，投资者 及相关人士均应当对此保持足够的风险认识，并且应当理解计划、预测与承诺之间的差异。 公司可能面对的风险如下，敬请投资者注意阅读。 （1）产品和技术开发应用风险 近年来随着算力、网络、存储等基础技术水平不断提升、深度学习模型不断完善、以 及 AI 预训练模型、生成式 AI、智能体等技术快速发展及全新的涌现，公司需要不断关注 市场动态和技术发展趋势，深度理解客户需求，确立正确的研发方向，通过持续的资源投 入和强大的研发团队，快速开发产品并实施高频迭代满足客户需求。公司可能存在研发方 向偏离 ...

Core Points - Haoyun Technology Co., Ltd. reported a significant increase in operating revenue for the first half of 2025, reaching approximately 274 million yuan, which represents a 76.41% increase compared to the same period last year [1] - The company experienced a substantial decline in net profit attributable to shareholders, reporting a loss of approximately 15.52 million yuan, a decrease of 349.61% year-on-year [1] - The net cash flow from operating activities was negative, amounting to approximately -78.40 million yuan, indicating a 303.19% decline compared to the previous year [1] Financial Performance - Operating revenue for the reporting period was 273,995,677.16 yuan, up from 155,320,319.33 yuan in the same period last year [1] - Net profit attributable to shareholders was -15,523,446.93 yuan, compared to a profit of 6,219,041.35 yuan in the previous year [1] - The net profit after deducting non-recurring gains and losses was -17,213,120.74 yuan, down from 5,299,405.48 yuan year-on-year [1] Earnings Per Share - Basic earnings per share were reported at -0.0232 yuan, a decrease of 349.46% from 0.0093 yuan in the previous year [2] - Diluted earnings per share also stood at -0.0232 yuan, reflecting the same percentage change [2] Assets and Equity - Total assets at the end of the reporting period were approximately 1.50 billion yuan, an increase of 5.46% from 1.42 billion yuan at the end of the previous year [2] - Net assets attributable to shareholders were approximately 1.26 billion yuan, a decrease of 1.22% from 1.27 billion yuan year-on-year [2] Shareholder Information - The largest shareholder, Qiang Jiang, holds 26.31% of the shares, with 39,150,000 shares pledged [2] - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period [4]

证券代码：300448 证券简称：浩云科技 公告编号：2025-037 浩云科技股份有限公司 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。 重要内容提示： 每股转增 0 股。 为基数，具体日期将在权益分派实施公告中明确。 股派发现金股利比例不变、总额进行相应调整的原则进行调整。 浩云科技股份有限公司（以下简称"公司"）于 2025 年 8 月 22 日召开第 六届董事会审计委员会第五次会议、第六届董事会第四次会议、第五届监事会 第八次会议，审议通过了《关于 2025 年半年度利润分配预案的议案》，现将相 关情况公告如下： 一、利润分配预案内容 截至 2025 年 6 月 30 日，公司母公司资产负债表期末未分配利润为人民币 可 供 分 配 利 润 孰 低 的 原 则 ， 公 司 2025 年 半 年 度 可 供 股 东 分 配 的 利 润 为 经董事会决议，公司 2025 年半年度拟以实施权益分派股权登记日登记的总 股本剔除回购股份数为基数分配利润。本次利润分配预案如下： 公司拟以截至 2025 年 8 月 22 日的总股本 676,517,079 股剔除公 ...

证券代码：300448 证券简称：浩云科技 公告编号：2025-033 浩云科技股份有限公司 第六届董事会第四次会议决议的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、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 均列席了本次会议。 件和《公司章程》的规定。 二、董事会会议审议情况 董事会审议公司编制的 2025 年半年度报告及其摘要后认为：报告期内，公 司严格按照各项法律、法规、规章及其他相关规范性文件的要求规范运作，公 司《2025 年半年度报告》《2025 年半年度报告摘要》严格按照中国证监会和深 圳证券交易所的相关文件规定编制，真实地反映了公司在报告期内的财务状况 及经营情况。同意公司编制的《2025 年半年度报告》 《2025 年半年度报告摘要》。 表决结果为：5 票赞成，0 票弃权，0 票反对。 本议案已经公司董事会审计委员会审议通过。监事会对公司 2025 年半年度 报告及其摘要发表了审核意见。 公司《2025 年半年度报告》《2025 年半年度报告摘要》以及监事会的审核 意见等具体内容详见同日披露于巨潮资讯网（http://www.cninfo.com.cn ...

证券日报网讯 8月22日晚间，浩云科技发布公告称，2025年半年度公司实现营业收入273，995，677.16 元，同比增长76.41%；归属于上市公司股东的净利润为-15，523，446.93元。 （文章来源：证券日报） ...

证券日报网讯 8月22日晚间，浩云科技发布公告称，公司第六届董事会第四次会议审议通过了《关于公 司2025年半年度报告及其摘要的议案》等多项议案。 （文章来源：证券日报） ...