无锡路通视信网络股份有限公司 2025 年半年度报告全文 无锡路通视信网络股份有限公司 2025 年半年度报告 2025-075 2025 年 8 月 1 无锡路通视信网络股份有限公司 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、监事会及除以下存在异议声明的董事、监事、高级管理人 员外的其他董事、监事、高级管理人员均保证半年度报告内容的真实、准确、 完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律 责任。 2 姓名 职务 内容和原因 曾庆川 监事会主席 1、关于江苏证监局处罚 的整改 公司及相关责任人于 2025 年 6 月 23 日收到 中国证券监督管理委员 会江苏监管局（以下简 称"江苏证监局"）下 发的《江苏证监局关于 对无锡路通视信网络股 份有限公司采取责令改 正措施并对邱京卫采取 出具警示函措施的决 定》。对于上述处罚的 整改，公司《2025 年半 年度报告》之"九、处 罚及整改情况"部分的 董事、监事、高级管理人员异议声明 无锡路通视信网络股份有限公司 2025 年半年度报告全文 | "整改情况说明"第 2 | | --- | | 点中表述，公司"严格 ...

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。 证券代码：300555 证券简称：ST路通 公告编号：2025-080 无锡路通视信网络股份有限公司 关于与关联方共同投资产业基金的进展公告 一、公司与关联方共同投资产业基金的基本情况 （一）基本情况 无锡路通视信网络股份有限公司（以下简称"公司"）于 2017 年 8 月 22 日 召开了第二届董事会第十五次会议、第二届监事会第九次会议，审议通过了《关 于参与投资产业基金暨关联交易的议案》，同意公司以自有资金 1,000 万元参与 投资由湖北省广播电视信息网络股份有限公司全资子公司星燎投资有限责任公 司发起设立的湖北星燎高投网络新媒体产业投资基金合伙企业（有限合伙）（以 下简称"产业基金"）。具体内容详见公司披露于中国证监会指定的创业板信息 披露网站巨潮资讯网（http://www.cninfo.com.cn）上的《关于参与投资产业基金 暨关联交易的公告》（公告编号：2017-051）及相关进展公告（公告编号：2017-076、 2018-043、2023-043、2024-049、2024-096）。 （二） ...

证券代码：300555 证券简称：ST路通 公告编号：2025-081 无锡路通视信网络股份有限公司 关于部分监事无法保证 2025 年半年度报告真实、准确、完整的说明公告 1、关于江苏证监局处罚的整改 公司及相关责任人于 2025 年 6 月 23 日收到中国证券监督管理委员会江苏监 管局（以下简称"江苏证监局"）下发的《江苏证监局关于对无锡路通视信网络 股份有限公司采取责令改正措施并对邱京卫采取出具警示函措施的决定》。对于 上述处罚的整改，公司《2025 年半年度报告》之"九、处罚及整改情况"部分 的"整改情况说明"第 2 点中表述，公司"严格按照江苏证监局的要求积极整改"、 "强化信息披露管理"、"杜绝此类事件再次发生"。 然而，董事会至今未披露第五届监事会第六次会议决议（该会议审议通过相 关股东提请监事会召开临时股东会罢免现任董事的议案）；董事会未杜绝此类事 件再次发生，2025 年 7 月 27 日第五届监事会第七次会议审议通过了《关于监事 会对董事长邱京卫提起诉讼的议案》,在监事会的多次要求下，董事会至今仍未 披露相关决议。 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 ...

无锡路通视信网络股份有限公司 控股股东及其他关联方非经营性资金占用及清偿情况表 | 控股股东或其他关 | | | 期初余额 | 报告期新增 占用金额 | 报告期偿还总 金额 | 期末余额 | | | | 预计偿 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 占用时间 | | 发生原因 | （2025年1 | | | （2025年6月30 | 截至半年报披露 | 预计偿还方式 | 预计偿还金 | 还时间 | | 联方名称 | | | 月1日） | （202 | （202 | 日） | 日余额 | | 额 | | | | | | | 5年半年度） | 5年半年度） | | | | | （月份） | | 宁波余姚云城人工智 | 2021年12月 | 以预付货款、对外股 权投资或支付投资诚 | 1,101.77 | - | 232.41 | 869.36 | 869.36 | 现金清偿 | 869.36 | | | 能科技有限公司 | 29日 | 意金的名义，通过中 | | | | | | | | | | 间方完成资金占 ...

2025 年 8 月 29 日 2025 年半年度非经营性资金占用及其他关联资金往来情况汇总表 单位：万元 非经营性资 金占用 资金占用方名称 占用方与上市公 司的关联关系 上市公司核算 的会计科目 2025 年 期初占用 资金余额 2025 年半年度 占用累计发生 金额（不含利 息） 2025年半年 度占用资金 的利息（如 有） 2025年半 年度偿还 累计发生 金额 2025年半年 度期末占用 资金余额 占用形成 原因 占用性质 其他关联方 及其附属企 业 宁波余姚云城人 工智能科技有限 公司 12 个月内关联自 然人担任高级管 理人员的公司 其他应收款、 其他流动资产 3,130.93 - 22.70 2,150.00 1,003.63 资金占用 非经营性占用 广州慧通智能健 康科技发展有限 公司 12 个月内关联自 然人担任董事、高 级管理人员的公 司、公司的参股公 司 其他流动资产 20.00 - - 20.00 - 其他 非经营性占用 总计 - - - 3,150.93 - 22.70 2,170.00 1,003.63 - - 其它关联资 金往来 资金往来方名称 往来方与上市公 司的关联关系 上 ...

无锡路通视信网络股份有限公司 关于 2025 年半年度报告披露的提示性公告 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。 特此公告。 无锡路通视信网络股份有限公司董事会 证券代码：300555 证券简称：ST路通 公告编号：2025-079 2025 年 8 月 29 日 无锡路通视信网络股份有限公司 2025 年半年度报告及摘要已于 2025 年 8 月 29 日 在 中 国 证 监 会 指 定 的 创 业 板 信 息 披 露 网 站 巨 潮 资 讯 网 （http://www.cninfo.com.cn）披露，敬请投资者注意查阅。 ...

Core Viewpoint - A wave of industry mergers and acquisitions led by private equity (PE/VC) funds is emerging, with firms transitioning from "capital hunters" to "industry operators" as they seek new growth avenues through strategic acquisitions [1][2]. Group 1: Recent Mergers and Acquisitions - JD Capital announced plans to acquire a 53.2897% stake in Nanjing Shenyuan Intelligent Technology Co., Ltd. for 213 million yuan, marking its entry into the humanoid robot industry [1]. - Other notable transactions include Qiming Venture Partners' acquisition of Tianmai Technology and Meihua Venture's investments in ST Luton and Mengjie Co., indicating a trend of PE/VC firms actively participating in industry mergers [2][3]. Group 2: Policy Background - The trend is supported by the "Six Merger Policies" issued by the China Securities Regulatory Commission, which encourages listed companies to pursue cross-industry mergers for transformation and growth [2]. - The policies aim to facilitate private equity funds in acquiring listed companies to promote industry integration [2]. Group 3: Market Dynamics - The increasing activity of investment institutions reflects a growing demand for new development paths among companies in changing market conditions, as well as a positive outlook on the potential value of certain industries [3][5]. - The current environment presents challenges in various investment stages, prompting PE/VC firms to explore merger opportunities as a new avenue for growth [3]. Group 4: Challenges and Considerations - JD Capital's acquisition has drawn scrutiny due to both companies experiencing losses and the cross-industry nature of the deal, raising questions about the rationale and fairness of the transaction [4]. - Concerns exist regarding the integration of PE/VC firms into operational roles, particularly regarding management philosophy differences and industry understanding [4]. Group 5: Future Trends - The ongoing optimization of the policy environment is expected to provide greater certainty for PE/VC firms in achieving exits and participating in industry integration [5]. - The future will likely see deeper integration of capital and industry, with PE/VC firms taking on more active roles in strategic planning, market expansion, and technology acquisitions [5].

Market Overview - On August 13, the communication equipment sector rose by 6.06% compared to the previous trading day, with Guangku Technology leading the gains [1] - The Shanghai Composite Index closed at 3683.46, up 0.48%, while the Shenzhen Component Index closed at 11551.36, up 1.76% [1] Top Gainers in Communication Equipment Sector - Guangku Technology (300620) closed at 79.30, up 20.01% with a trading volume of 281,600 shares and a transaction value of 2.204 billion [1] - Xinyi Technology (300502) closed at 236.56, up 15.45% with a trading volume of 601,100 shares and a transaction value of 13.529 billion [1] - Dingtong Technology (688668) closed at 115.36, up 13.10% with a trading volume of 111,200 shares [1] - Other notable gainers include Zhongji Xuchuang (300308) up 11.66%, Jiexun Feihong (300213) up 10.79%, and Tefa Information (000070) up 10.02% [1] Market Capital Flow - The communication equipment sector saw a net inflow of 2.48 billion from institutional investors, while retail investors experienced a net outflow of 6.38 billion [2] - The top stocks by net inflow from institutional investors include Tianfu Communication (300394) with a net inflow of 619 million, and ZTE Corporation (000063) with a net inflow of 313 million [3] Underperformers in Communication Equipment Sector - Dayhai Intelligent (002313) closed at 12.81, down 5.67% with a trading volume of 907,500 shares and a transaction value of 1.187 billion [2] - ST Gaohong (000851) closed at 1.90, down 5.00% with a trading volume of 13,900 shares [2] - Other underperformers include Cheng Tian Wei Ye (300689) down 4.73% and ST Lu Tong (300555) down 1.67% [2]

Core Viewpoint - Several shareholders across various companies are planning to reduce their stakes, with most reductions not exceeding 3% of total shares [1] Shareholder Reductions - Jiuliang Co., shareholders Rongxinliang and Zhuochu Guang plan to reduce their holdings by no more than 3% [1] - Inse Group, Orange Alliance Investment intends to reduce its stake by no more than 1% [1] - Xuelang Environment, shareholders Yang Jianping and Xu Huifen plan to reduce their holdings by a total of no more than 3% [1] - Haide Control, actual controller Guo Menglong plans to reduce his stake by no more than 3% [1] - Ailis, shareholders Shanghai Aixiang and Nantong Aiyun plan to reduce a total of no more than 13.5 million shares [1] - Huaxia Happiness, shareholders Ping An Life and Ping An Asset Management plan to reduce their holdings by a total of no more than 3% [1] - Tonglian Precision, actual controller Yang Hu plans to reduce his stake by no more than 2.375% [1] - Henggong Precision, shareholder Jingjinji Fund plans to reduce its stake by no more than 3% [1] - Dajia Weikang, director Zhong Xuesong plans to reduce his stake by no more than 1.7% [1] - Chuanwang Media, China Youth Publishing Group plans to reduce its stake by no more than 1% [1] Other Corporate Actions - Jinlihua Electric has terminated its plan for a major asset restructuring [1] - New Xiangwei has terminated the acquisition of 100% equity in Aixiangsheng [1]

Company Announcements - Jihua Group's main business and existing product system do not involve brain-computer interface related fields [1] - Hongjing Optoelectronics plans to invest 1.533 billion yuan to build a research and manufacturing headquarters project [1] - Zhuojin Co., Ltd. won the bid for soil control project around Longchao Line [1] - Jianghuai Automobile's July sales totaled 25,197 units, a year-on-year decrease of 21.73% [1][2] - Lakala intends to transfer 100% equity of certain subsidiaries [1] - Haitai High-tech completed a buyback, spending a total of 70.91 million yuan to repurchase 6.69995 million shares [1] - Tongchen Beijian reported a net profit of 737 million yuan for the first half of the year, a year-on-year decrease of 17.34% [1][3] - Xuelang Environment's shareholders plan to reduce their holdings by a total of no more than 3% [1] - Huaxia Happiness's shareholders plan to reduce their holdings by a total of no more than 3% [1] - Sanxin Medical plans to issue convertible bonds to raise no more than 530 million yuan [1] - *ST Gaohong's stock may face mandatory delisting due to major legal violations [1] Investment and Financial Data - GAC Group's July automobile sales were 119,482 units, a year-on-year decrease of 15.38% [2] - Minghe Co., Ltd. reported July sales revenue of 41.36 million yuan [2] - Tangrenshen's July pig sales revenue totaled 589.6 million yuan [3] - Tiankang Biological's July pig sales revenue was 335 million yuan [3] - Chongqing Construction's new contract amount for the first half of the year was 24.271 billion yuan, a year-on-year decrease of approximately 19.20% [3] Shareholder Actions - Guangdong Hongda's subsidiary plans to acquire 60% equity of Changzhilin [3] - Ningbo Energy intends to acquire a total of 41% equity of Yongneng Comprehensive Energy [3] - Tianyang Technology plans to invest to acquire 51% equity of Moshuzhiqing [3] - ST Lutong's specific shareholders plan to reduce their holdings by a total of no more than 3.27% [3] - Jiuliang Co., Ltd.'s shareholders plan to reduce their holdings by a total of no more than 3% [3] - Ailis's employee stock ownership platform plans to reduce a total of no more than 13.5 million shares [3] - Huaxia Happiness's shareholders plan to reduce their holdings by a total of no more than 3% [3] Other Developments - Sanxin Medical plans to use the raised funds for the expansion project of producing 10 million blood dialysis membranes and 10 million blood dialysis devices [3]