Financial Performance - The company reported a net profit attributable to the parent company of approximately -10.75 million RMB for 2024, with a net profit of -40.52 million RMB after deducting non-recurring gains and losses, indicating a loss increase compared to the previous year[3]. - The company's operating revenue for 2024 reached ¥626,152,638.73, representing a 4.22% increase compared to ¥600,791,627.85 in 2023[21]. - The net profit attributable to shareholders for 2024 was ¥10,746,333.48, a significant decrease of 84.63% from ¥60,759,853.70 in 2022[20]. - The net cash flow from operating activities dropped by 95.08% to ¥5,495,036.01 in 2024, down from ¥111,721,254.00 in 2023[20]. - The total assets at the end of 2024 were ¥2,130,952,450.32, a decrease of 2.63% from ¥2,188,533,010.00 at the end of 2023[20]. - The company reported a basic earnings per share of -0.06 in 2024, a decline of 100% compared to -0.03 in 2023[20]. - The company reported a significant impairment loss of approximately -17.37 million, representing a decrease of 706.89%[118]. - The company’s cash flow from investing activities showed a net inflow of 55.45 million yuan, mainly from the redemption of bank wealth management products and time deposits[91]. - The company’s R&D investment accounted for 8.97% of operating revenue in 2024, down from 10.95% in 2023[111]. Business Segments - The company operates in three main business segments: AFC systems, ETC products, and thermal management systems, which are crucial for urban transportation and infrastructure development[31]. - The AFC business achieved operating revenue of 365 million yuan, with a net profit of approximately 40.51 million yuan, an increase from the previous year due to a higher proportion of export sales[87]. - The ETC business reported operating revenue of approximately 14.80 million yuan, a decrease of about 21% year-on-year, primarily due to the impact of the aftermarket and declining product gross margins[87]. - The revenue from the transportation equipment industry was 365.47 million yuan, accounting for 58.36% of total revenue, with a year-on-year increase of 2.43%[95]. - The revenue from the intelligent transportation industry was 147.87 million yuan, a decrease of 20.62% year-on-year, indicating a significant decline in this segment[95]. Market Trends and Opportunities - The smart transportation market is expected to exceed 400 billion yuan by 2025, with a growth rate of over 10% in segments like urban transportation and smart rail transit[36]. - The thermal management market for new energy vehicles in China is expected to grow to approximately 68.3 billion yuan by 2023, with a compound annual growth rate (CAGR) of about 93% from 2020 to 2023[44]. - The company aims to explore potential markets in cities like Zhengzhou, Chongqing, and Chengdu, while enhancing smart operations and emergency systems[39]. - The company plans to enhance its market presence in the rail transit sector, which is vital for urban development and economic growth[31]. Corporate Governance and Management - The company has a diverse board with members having extensive backgrounds in technology and management, contributing to strategic decision-making[163][165]. - The board consists of a mix of experienced professionals, including independent directors, to ensure compliance and strategic oversight[166]. - The company is focusing on internal restructuring to enhance operational efficiency and governance[161]. - The company ensures the independence of its assets, personnel, finances, institutions, and business from the controlling shareholder[152]. - The company has a complete and independent operational capability, with all assets owned and controlled solely by the company[153]. Risks and Challenges - The company is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure, primarily related to prior accounting errors[5]. - The company continues to face uncertainties regarding its ability to continue as a going concern, as indicated by recent audit reports[20]. - The company faces risks from high construction and operational costs in the rail transit sector, which may lead to funding constraints and reduced gross margins[136]. - A dispute among shareholders of Guochuang Thermal Management has significantly impacted daily operations, including employee stability and order fulfillment[139]. Research and Development - The company has developed over 29 invention patents, 22 utility model patents, 21 design patents, and 78 software copyrights related to various types of AFC terminal equipment and core modules[58]. - The company has a dedicated R&D team of approximately 102 professionals focused on core module and new product development, enhancing its innovation capabilities[58]. - The company plans to increase R&D investment in core modules and technologies related to rail and road transportation to enhance competitiveness in diversified markets[138]. Financial Management and Internal Controls - The company has established a comprehensive internal control system that effectively operates at all business process levels, ensuring compliance and asset security[196]. - There were no significant internal control deficiencies identified during the reporting period, with zero major or important deficiencies reported in both financial and non-financial areas[200]. - The company’s internal control audit report indicated that it maintained effective financial reporting internal controls as of December 31, 2024[200]. - The company plans to continue its financial management and internal control improvements as suggested by the board members[182].

Financial Performance - The company's revenue for Q1 2025 was ¥117,589,913.10, a decrease of 27.16% compared to ¥161,425,310.20 in the same period last year[4] - The net loss attributable to shareholders was ¥4,505,542.24, representing a 75.84% improvement from a loss of ¥18,645,235.12 in the previous year[4] - The company's basic earnings per share were -¥0.0249, an improvement of 75.80% from -¥0.1029 in the same period last year[4] - Net profit for the period was ¥-3,329,688.50, compared to ¥-18,292,303.25 in the previous period, showing an improvement of approximately 81.8%[25] - Other comprehensive income after tax for the period was ¥216,277.39, compared to ¥59,802.44 in the previous period, indicating a positive change[25] Cash Flow and Liquidity - The net cash flow from operating activities was -¥682,934.65, a decline of 112.27% compared to ¥5,563,959.55 in the same period last year[12] - The company reported a significant decrease in cash and cash equivalents, ending the period with ¥372,665,305.40, down 20.36% from ¥467,911,660.92[12] - Cash and cash equivalents at the end of the period amounted to $372,665,305.40, down from $467,911,660.92, a decrease of about 20.3%[29] - Cash inflow from investment activities totaled $83,266,865.12, significantly down from $328,010,302.90, indicating a decrease of about 74.7%[29] - Net cash flow from investment activities was $31,818,038.92, down from $110,445,932.83, reflecting a decline of approximately 71%[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,122,991,741.71, a decrease of 0.37% from ¥2,130,952,450.32 at the end of the previous year[5] - Total liabilities decreased by 1.13% to ¥647,700,752.71 from ¥655,108,050.20 at the end of the previous year[9] - The equity attributable to shareholders of the parent company was ¥1,442,414,314.18, down from ¥1,444,143,579.03[22] - The company has reported a total of ¥197,197,428.10 in trading financial assets, down from ¥231,118,024.00, a decrease of approximately 14.7%[19] Operational Efficiency - The company experienced a 36.81% reduction in operating costs, which amounted to ¥80,517,013.43 compared to ¥127,417,018.13 in the previous year[11] - Total operating costs decreased to ¥117,087,973.06 from ¥168,936,613.07, a reduction of about 30.6% year-over-year[24] - Research and development expenses decreased to ¥11,399,400.49 from ¥13,410,937.88, a decline of about 15%[24] Investment and Growth - Investment income increased by 71.94% to ¥2,569,310.82 from ¥1,494,332.85 in the previous year[11] - The company reported a 100% year-over-year increase in sales for the thermal management segment as of the report date[18] - The company established two new subsidiaries for thermal management production, enhancing its operational capacity[18] Regulatory and Legal Matters - The company is under investigation by the China Securities Regulatory Commission for suspected information disclosure violations, with no conclusion reached as of the report date[17] - The company is actively pursuing legal measures against the lessor to protect its rights and interests amid ongoing operational challenges[17] Shareholder Information - The company has a significant shareholder, Zhang Liang, holding 29.47% of shares, which may influence corporate governance[15] Accounting and Reporting - The company did not undergo an audit for the first quarter report, which may affect the perception of financial reliability[30] - The company plans to implement new accounting standards starting in 2025, which may influence future financial reporting and performance metrics[30]

上海华铭智能终端设备股份有限公司 第五届董事会第八次会议决议公告 | 证券代码：300462 | 证券简称：华铭智能 | 公告编号：2025-003 | | --- | --- | --- | | 债券代码：124002 | 债券简称：华铭定转 | | | 债券代码：124014 | 债券简称：华铭定02 | | 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 上海华铭智能终端设备股份有限公司（以下简称"公司"）第五届董事会第 八次会议于2025年2月26日以通讯表决方式召开，本次会议通知于2025年2月24 日以微信通知方式送达全体董事。经全体董事一致同意，豁免本次会议的通知时 限要求。本次会议应出席董事7人，实际出席董事7人，本次会议由董事长张亮先 生主持，公司全体监事、全体高级管理人员列席了本次会议。 本次会议的召集、召开程序、出席人数均符合《中华人民共和国公司法》及 相关法律、行政法规、部门规章、规范性文件以及《公司章程》的规定，会议合 法有效。 二、董事会会议审议情况 与会董事审议了以下议案并做出如下决议： 特此公告。 1 款 ...

| 证券代码：300462 | 证券简称：华铭智能 | 公告编号：2025-004 | | --- | --- | --- | | 债券代码：124002 | 债券简称：华铭定转 | | | 债券代码：124014 | 债券简称：华铭定02 | | 上海华铭智能终端设备股份有限公司 第五届监事会第八次会议决议公告 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 上海华铭智能终端设备股份有限公司（以下简称"公司"）第五届监事会第 八次会议于2025年2月26日以通讯表决方式召开，本次会议通知于2025年2月24 日以微信通知方式送达全体监事。经全体监事一致同意，豁免本次会议的通知时 限要求。本次会议应出席监事3人，实际出席监事3人。本次会议由监事会主席陈 娟女士主持。 二、监事会会议审议情况 1、第五届监事会第八次会议决议。 本次会议的召集、召开程序、出席人数均符合《中华人民共和国公司法》及 相关法律、行政法规、部门规章、规范性文件以及《公司章程》等规定，会议合 法有效。 与会监事审议了以下议案并做出如下决议： （一）审议通过《关于为下属 ...

| 证券代码：300462 | 证券简称：华铭智能 | 公告编号：2025-005 | | --- | --- | --- | | 债券代码：124002 | 债券简称：华铭定转 | | | 债券代码：124014 | 债券简称：华铭定02 | | 上海华铭智能终端设备股份有限公司 关于为下属控股公司提供财务资助暨关联交易的公告 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。 重要内容提示： 1、上海华铭智能终端设备股份有限公司（以下简称"公司"）全资子公司 上海近铭智能系统有限公司（以下简称"上海近铭"）拟以自有资金向其控股子 公司浙江国创热管理科技有限公司（以下简称"国创热管理"）提供不超过人民 币1,000万元的财务资助，用于国创热管理日常经营和资金周转，借款年利率为 5%，借款期限为自第一笔款项实际借出之日起不超过6个月。上述额度在财务资 助期限范围内可循环滚动使用，可提前还款。本次财务资助对象的其他股东未按 出资比例提供同等条件的财务资助。 2、本次交易属于向与关联方共同投资的公司提供大于股权比例的财务资助， 基于谨慎性考虑，将本次交易认定为关联交易 ...

| 证券代码：300462 | 证券简称：华铭智能 | 公告编号：2025-002 | | --- | --- | --- | | 债券代码：124002 | 债券简称：华铭定转 | | | 债券代码：124014 | 债券简称：华铭定02 | | 上海华铭智能终端设备股份有限公司 关于累计诉讼、仲裁情况的公告 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。 上海华铭智能终端设备股份有限公司（以下简称"公司"或"华铭智能"） 根据《深圳证券交易所创业板股票上市规则》等有关规定，对公司及控股子公司 连续十二个月内发生的诉讼、仲裁事项进行了统计，累计涉案金额已达到披露标 准。现将相关情况公告如下： 截至本公告披露日，公司及控股子公司不存在应披露而未披露的其他诉讼、 仲裁事项。 三、本次公告的诉讼、仲裁事项对公司本期利润或期后利润的可能影响 对于公司作为起诉方的诉讼、仲裁案件，公司已积极采取法律手段维护公司 的合法权益，加强相关款项的回收工作，改善公司的资产质量、财务状况和经营 业绩。对于公司作为被告方的诉讼、仲裁案件，公司将积极应诉，妥善处理，依 法维护公司及广大 ...

Financial Projections - The estimated net profit for 2024 is projected to be a loss between CNY 10.47 million and CNY 20.88 million, compared to a loss of CNY 5.82 million in the same period last year[5]. - The expected operating revenue for 2024 is between CNY 630 million and CNY 650 million, an increase from CNY 600.79 million in the previous year[5]. - Non-recurring losses are expected to be between CNY 40.39 million and CNY 50.80 million, compared to a loss of CNY 15.56 million in the same period last year[5]. - The impact of non-recurring gains and losses on net profit is approximately CNY 30.09 million, significantly up from CNY 9.74 million in the previous year[7]. Business Performance - The overall performance of the ETC business segment is not expected to improve, significantly affecting the net profit[7]. - The company anticipates a compensation of approximately CNY 18 million due to unfulfilled accounts receivable recovery assessments[8]. - The company generated approximately CNY 8 million from idle fund investments and received government subsidies of about CNY 9.19 million during the reporting period[8]. Financial Reporting - The financial data presented is preliminary and subject to final confirmation in the 2024 annual report[9]. - The company has communicated with the accounting firm regarding the performance forecast, and there are no discrepancies[6]. Investor Advisory - Investors are advised to make cautious decisions and be aware of investment risks[9].

上海毅明毅律师事务所 关于上海华铭智能终端设备股份有限公司 2024 年第二次临时股东会的 法律意见书 二〇二四年十二月 上海市松江区茸梅路 1177 弄 8 号 403 室 电话：+86 21 3778 1166 传真：+86 21 3778 1166 上海市松江区茸梅路 1177 弄 8 号 403 室 电话：+86 21 3778 1166 传真：+86 21 3778 1166 上海毅明毅律师事务所 关于上海华铭智能终端设备股份有限公司 2024 年第二次临时股东会的法律意见书 致：上海华铭智能终端设备股份有限公司 根据《中华人民共和国证券法》、《中华人民共和国公司法》和中国证券监督 管理委员会（以下简称"中国证监会"）《上市公司股东大会规则》等法律、法规和 其他有关规范性文件的规定，上海毅明毅律师事务所（以下简称"本所"）接受上海 华铭智能终端设备股份有限公司（以下简称"公司"）的委托，指派沈毅律师、沈冬 毅律师出席公司 2024 年第二次临时股东会（以下简称"本次股东会"），并就本次股 东会的有关事项出具法律意见。 公司已向本所保证，公司已向本所披露一切足以影响本法律意见书出具的事 实并提供了本所 ...