Group 1 - On September 26, the stock of Shen Si Electronics fell by 1.74%, with a trading volume of 78.93 million yuan [1] - The financing data for Shen Si Electronics on that day showed a financing purchase amount of 10.26 million yuan and a financing repayment of 11.93 million yuan, resulting in a net financing outflow of 1.67 million yuan [1] - As of September 26, the total balance of margin trading for Shen Si Electronics was 311 million yuan, accounting for 7.99% of its market capitalization, indicating a high level compared to the past year [1] Group 2 - As of June 30, the number of shareholders of Shen Si Electronics was 31,500, an increase of 2.12% from the previous period [2] - The average circulating shares per person were 6,248, a decrease of 2.08% from the previous period [2] - For the first half of 2025, Shen Si Electronics achieved an operating income of 192 million yuan, a year-on-year increase of 176.30%, while the net profit attributable to the parent company was -58.82 million yuan, a year-on-year increase of 23.90% [2] Group 3 - Since its A-share listing, Shen Si Electronics has distributed a total of 51.95 million yuan in dividends, with no dividends distributed in the past three years [3]

Group 1 - The company announced the election of Mr. Sun Zhengxiang as the employee representative director of the fifth board of directors during the 16th meeting of the fifth employee representative assembly held on September 11, 2025 [2]

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、非独立董事辞职情况 神思电子技术股份有限公司（以下简称"公司"）董事会于2025年9月11日收到公司非 独立董事关华建先生递交的书面辞职报告，因公司治理结构调整申请辞去公司第五届董事会 董事、审计委员会委员职务，原定任期至公司第五届董事会届满之日止，辞任后仍在公司担 任顾问职务。关华建先生的辞职不会导致公司董事会人数低于法定最低人数，其辞职报告自 送达公司董事会之日起生效。 关华建先生作为公司创始人之一，任职期间勤勉尽责、恪尽职守、廉洁奉公，为促进公 司规范运作和健康发展发挥了积极作用，公司董事会对其任职期间为公司做出的贡献表示衷 心感谢！ 截至本公告披露日，关华建先生未直接持有公司股份，通过山东神思科技投资有限公司 间接持有公司股份4,557,655股，占公司总股本的2.31%，不存在应当履行但未履行的承诺事 项，间接持有的公司股份将按照《公司法》《深圳证券交易所上市公司自律监管指引第2号 ——创业板上市公司规范运作》《上市公司董事、监事和高级管理人员所持本公司股份及其 变动管理规则》等相关法律法规、规范性文件 ...

北京市中伦律师事务所 关于神思电子技术股份有限公司 2025 年第二次临时股东大会的 法律意见书 二〇二五年九月 法律意见书 致：神思电子技术股份有限公司 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司股东会 规则》的规定，北京市中伦律师事务所（以下简称"本所"）接受神思电子技术 股份有限公司（以下简称"公司"）的委托，指派本所律师列席公司 2025 年第二 次临时股东大会（以下简称"本次股东大会"），并在此基础上出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的相关文件，该等文件包括 但不限于： 关于神思电子技术股份有限公司 2025 年第二次临时股东大会的 | 一、本次股东大会的召集、召开程序 4 | | | --- | --- | | 二、出席本次股东大会的人员资格 | 5 | | 三、本次股东大会的表决程序和表决结果 | 5 | | 四、结论意见 6 | | 北京市中伦律师事务所 （一）现行有效的《神思电子技术股份有限公司章程》（以下简称"公司章 程"）； （二）公司于 2025 年 8 月 27 日刊登在巨潮资讯网（www.cninfo.com.cn）的 第五届董事会 ...

证券代码：300479 证券简称：神思电子 公告编号：2025-045 神思电子技术股份有限公司 2025 年第二次临时股东大会决议公告 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。 特别提示： 1.本次股东大会无增加、变更、否决议案的情况； 2.本次股东大会以现场投票和网络投票相结合的方式召开。 一、会议召开和出席情况 表决结果：同意29,829,554股，占出席会议有表决权股东所持股份的92.8337％；反对 2,200,500股，占出席会议有表决权股东所持股份的6.8483％；弃权102,200股（其中，因未 投票默认弃权0股），占出席会议有表决权股东所持股份的0.3181％。 其中中小股东表决结果：同意9,699,911股，占出席会议的中小股东所持股份的 80.8150％；反对2,200,500股，占出席会议的中小股东所持股份的18.3335％；弃权102,200 股（其中，因未投票默认弃权0股），占出席会议的中小股东所持股份的0.8515％。 神思电子技术股份有限公司（以下简称"公司"）2025年第二次临时股东大会于2025 年9月11日（星期四）下午 ...

经会议审议和投票，表决决议如下： 1.通过《关于补选第五届董事会审计委员会委员的议案》 证券代码：300479 证券简称：神思电子 公告编号：2025-047 神思电子技术股份有限公司 关于第五届董事会 2025 年第五次会议决议的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 神思电子技术股份有限公司（以下简称"公司"）董事会全体董事同意豁免提前通知， 2025 年 9 月 11 日公司第五届董事会 2025 年第五次会议以现场及通讯方式召开。会议应出 席董事 9 人，实际出席会议董事 9 人，其中董事闫龙、丁鑫、王乃孝以通讯方式参会。会议 由董事长闫龙召集和主持。会议的召集和召开程序，符合《中华人民共和国公司法》和《公 司章程》的规定。 同意补选职工代表董事孙祯祥担任公司第五届董事会审计委员会委员，任期自本次董事 会审议通过之日起至第五届董事会任期届满之日止。详见于公司指定信息披露网站巨潮资讯 网披露的公告。 表决情况：9 票赞成、0 票弃权、0 票反对 特此公告 神思电子技术股份有限公司董事会 二〇二五年九月十一日 ...

Group 1 - The core viewpoint of the news is that Shen Si Electronics has shown significant financial activity, with a notable increase in revenue and a high level of financing balance, indicating strong market interest and potential growth opportunities [1][2]. Group 2 - As of August 28, Shen Si Electronics experienced a trading drop of 0.18%, with a transaction volume of 325 million yuan. The financing buy-in amount for the day was 52.82 million yuan, while the financing repayment was 43.87 million yuan, resulting in a net financing buy of 8.95 million yuan. The total financing and securities balance reached 295 million yuan [1]. - The financing balance of Shen Si Electronics is 295 million yuan, accounting for 6.75% of its circulating market value, which is above the 90th percentile level over the past year, indicating a high level of financing activity [1]. - On the securities lending side, there were no shares repaid or sold on August 28, with a securities lending balance of 0 shares, which is also at a high level compared to the past year [1]. Group 3 - As of June 30, the number of shareholders of Shen Si Electronics was 31,500, an increase of 2.12% from the previous period. The average circulating shares per person decreased by 2.08% to 6,248 shares [2]. - For the first half of 2025, Shen Si Electronics achieved an operating income of 192 million yuan, representing a year-on-year growth of 176.30%. However, the net profit attributable to the parent company was -58.82 million yuan, showing a year-on-year increase of 23.90% in losses [2]. Group 4 - Since its A-share listing, Shen Si Electronics has distributed a total of 51.95 million yuan in cash dividends. However, there have been no cash dividends distributed in the past three years [3].

Core Viewpoint - The recent financial report of ShenSi Electronics (300479) shows significant revenue growth but continues to face challenges with net profit and cash flow [1][3]. Financial Performance - For the first half of 2025, the company reported total revenue of 192 million yuan, a year-on-year increase of 176.3% [1]. - The net profit attributable to shareholders was -58.82 million yuan, showing a year-on-year improvement of 23.9% [1]. - In Q2 2025, total revenue reached 111 million yuan, up 124.47% year-on-year, while the net profit attributable to shareholders was -29.98 million yuan, an increase of 18.19% year-on-year [1]. Key Financial Metrics - Gross margin improved to 23.05%, up 12.65% year-on-year [1]. - Net margin was -31.92%, reflecting a 72.88% year-on-year improvement [1]. - Total operating expenses (sales, management, and financial expenses) amounted to 66.12 million yuan, accounting for 34.38% of revenue, a decrease of 58.88% year-on-year [1]. - The company's cash flow per share was -1.81 yuan, a decline of 108.07% year-on-year [1]. Balance Sheet Insights - Accounts receivable increased by 43.06% year-on-year, reaching 241 million yuan [1]. - The company’s cash and cash equivalents decreased by 70.73% to 104 million yuan [1]. - Interest-bearing liabilities decreased by 19.96% to 62.29 million yuan [1]. Business Model and Performance Evaluation - The company's return on invested capital (ROIC) was 1.85% last year, indicating weak capital returns [3]. - The historical median ROIC since the company went public is 4.98%, with three years of losses out of nine annual reports, suggesting a fragile business model [3]. - The company relies heavily on research and marketing for its performance, necessitating a deeper analysis of these driving factors [3]. Cash Flow and Receivables Concerns - The cash flow situation is concerning, with a cash to current liabilities ratio of only 55.01% [3]. - The accounts receivable to profit ratio has reached 1478.56%, indicating potential issues with collections [3].

Core Insights - The company reported a significant revenue growth of 176.30% year-on-year, reaching 192 million yuan in the first half of 2025, driven primarily by its AI and smart city initiatives, which contributed over 70% of the growth [1] - The company's strategic focus on "one body and two wings" has led to breakthroughs in low-altitude economy and smart healthcare sectors, showcasing its operational resilience with a reduced loss of 23.90% to 58.82 million yuan [1] - The AI and smart city business unit experienced explosive growth, generating 142 million yuan in revenue, a staggering increase of 414.01%, accounting for 74.07% of total revenue [1] Smart Healthcare Sector - The smart healthcare segment showed robust growth, achieving revenue of 32.95 million yuan, an increase of 84.07%, by enhancing digital transformation in the medical industry [2] - The company launched a "medical insurance + full-process medical treatment" solution nationwide, covering the entire medical service chain and creating replicable regional demonstration effects [2] Low-altitude Economy - The company made significant advancements in the low-altitude economy, developing over 10 drone edge perception algorithms for various scenarios, including urban and environmental monitoring [2] - The smart heating sector also saw improvements, with upgrades in core functionalities leading to enhanced user experience and stable operation in pilot projects [2] Full-stack Domestic Platform - The company is continuously developing and upgrading its full-stack domestic platforms, such as the SSP and holographic data super-convergence computing platform, to break down industry data silos and empower digital governance in over 10 cities [3] Policy and Industry Support - The national emphasis on software, information technology services, and digital economy development has created a supportive policy environment for the company's digital infrastructure initiatives [4] - The company is leveraging policies that promote data flow and application, enhancing its data governance tools to unlock new performance growth points [4] Future Outlook - The company aims to capitalize on AI and smart city opportunities, focusing on policy advantages and technological dividends to achieve breakthroughs from R&D to commercial implementation [5]

Group 1 - The core point of the article is that Shen Si Electronics (SZ 300479) held its fourth board meeting for 2025 on August 25, 2025, where it reviewed the 2025 semi-annual report and its summary [1] - For the first half of 2025, Shen Si Electronics reported that its revenue composition was as follows: Public Security accounted for 30.24%, Energy Industry 28.48%, Other Businesses 18.62%, Healthcare 11.35%, and Finance 11.31% [1] Group 2 - The pet industry is experiencing significant growth, with a market size of 300 billion, leading to a surge in stock prices for related companies [1]