Company Overview - Chengmai Technology Co., Ltd. is located in Nanjing, Jiangsu Province, and was established on September 1, 2006. The company was listed on January 20, 2017. Its main business involves software development, sales, and technical services related to mobile intelligent terminals [1][2]. Financial Performance - For the first half of 2025, Chengmai Technology achieved operating revenue of 1.019 billion yuan, representing a year-on-year growth of 17.86%. However, the net profit attributable to shareholders was -56.72 million yuan, a decrease of 2.11% compared to the previous year [2]. - Since its A-share listing, the company has distributed a total of 45.44 million yuan in dividends, with 20.02 million yuan distributed over the past three years [3]. Stock Performance - As of September 4, Chengmai Technology's stock price was 51.45 yuan per share, with a market capitalization of 11.164 billion yuan. The stock has increased by 6.30% year-to-date but has decreased by 10.77% over the last five trading days [1]. - The company has appeared on the "Dragon and Tiger List" once this year, with a net buy of 64.34 million yuan on August 19 [1]. Shareholder Information - As of August 29, the number of shareholders for Chengmai Technology was 56,200, an increase of 19.80% from the previous period. The average number of circulating shares per person was 3,859, a decrease of 16.53% [2]. - The top ten circulating shareholders include significant institutional investors, with Hong Kong Central Clearing Limited holding 1.893 million shares, an increase of 879,500 shares from the previous period [3].

Core Insights - The article discusses the successful hosting of the 2025 Chengmai SuperBrain online seminar, focusing on the theme of "integrating cockpit and driving with 'SuperBrain': an open ecosystem platform" [1] - Chengmai Technology launched the cockpit-driving integration production accelerator "SuperBrain platform," aimed at promoting the implementation of cockpit-driving integration [1][3] Industry Trends - The automotive industry is transitioning from distributed electronic architectures to domain control architectures, ultimately moving towards a central computing platform to address challenges such as long R&D cycles and insufficient hardware-software collaboration [3] - Cockpit-driving integration is identified as a key path to reduce costs and enhance efficiency by sharing computing power and building a unified software platform [3] Company Developments - Chengmai Technology has over ten years of experience in the smart automotive sector, offering mature solutions in smart cockpits, central domain control, and assisted driving [3] - The SuperBrain platform is designed for the next generation of automotive electronic architectures, leveraging established chip solutions from partners like NXP, Qualcomm, NVIDIA, and Horizon [3][5] Product Features - The SuperBrain platform is an integrated intelligent computing platform that supports flexible hardware configuration and continuous software upgrades, enabling real-time data sharing and dynamic computing power allocation [5] - It aims to help clients compress project development cycles and quickly create differentiated functionalities [5] Partner Insights - NXP highlighted the complexity and cost challenges of diverse ADAS architectures and introduced a scalable vehicle computing platform for software-defined vehicles [6] - Continental Group emphasized China's leadership in SDV and EEA evolution, suggesting that global OEMs may adopt strategies from Chinese manufacturers [6] - Nullmax discussed its evolution from independent domain control to integrated cockpit-driving solutions, focusing on AI-driven multi-domain integration for various transportation scenarios [7] Collaborative Efforts - A roundtable discussion among industry leaders reached consensus on the necessity of cross-chip integration and the establishment of unified interface standards as critical for mass production [8] - The launch of the SuperBrain platform marks a significant step for Chengmai Technology in the cockpit-driving integration field, with plans for continued collaboration with global partners to accelerate the large-scale implementation of smart automotive technologies [8]

Group 1 - The company Chengmai Technology announced that it has provided guarantees for its subsidiary Zhida Chengyuan Technology Co., Ltd. to apply for working capital loans from two banks, totaling 80 million yuan [1] - The banks involved are Beijing Bank Suzhou Branch and China Merchants Bank Suzhou Branch [1] - The announcement was made on the evening of August 29 [1]

诚迈科技（南京）股份有限公司 关于为子公司提供担保的进展公告 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、误导性陈述或者重大遗漏。 证券代码：300598 证券简称：诚迈科技 公告编号：2025-036 三、被担保人基本情况 1、名称：智达诚远科技有限公司 2、统一社会信用代码：91320594MABU11RM4T 3、成立日期：2022-07-11 至无固定期限 4、注册地址：中国(江苏)自由贸易试验区苏州片区苏州工业园区东长路 88 号 2 点 5 产业园 N4 栋 12 层 一、担保情况概述 诚迈科技（南京）股份有限公司（以下简称"公司"或"诚迈科技"）于 2024 年 12 月 20 日召开第四届董事会第十五次会议、2025 年 1 月 9 日召开 2025 年第 一次临时股东大会，审议通过了《关于拟继续为子公司申请银行综合授信提供担 保的议案》，为满足子公司智达诚远科技有限公司（以下简称"智达诚远"）经营 发展的资金需求，公司董事会同意为智达诚远向相关银行申请综合授信提供合计 不超过人民币 2 亿元的担保，担保额度的授权期限为 2025 年度，在上述期限内 担保额度可循 ...

Core Insights - Chengmai Technology aims to establish a "one base + two centers" strategy in Guizhou, focusing on the development of a domestic innovation product production base and two innovation centers [2] Group 1: Company Development - Chengmai Technology is constructing a 1,400 square meter domestic innovation product production base in the Sanma Industrial Park, Guiyang, with two production lines for domestic innovation PCs expected to be operational by the end of August 2025, targeting an annual production capacity of 200,000 units [2] - The products will utilize Loongson chips and Tongxin operating systems, emphasizing technological self-control and upgrading domestic innovation computers from "usable" to "user-friendly" [2] - The company plans to expand its product line to include domestic innovation laptops and servers in the future [2] Group 2: Industry Ecosystem - The Guizhou Domestic Innovation Industry Ecosystem Adaptation Center will facilitate local software adaptation, addressing compatibility issues between hardware and software, and promoting customized software adaptation and optimization [2] - The Guizhou Harmony Ecosystem Industry Innovation Center will focus on the integration and adaptation of Harmony products, with existing projects in the provincial energy coal mine and the Guizhou Water Resources Department [2] Group 3: Financial Outlook - Chengmai Technology anticipates a revenue scale of approximately 200 million yuan in the first year, with plans to continuously enhance revenue and demonstrate growth potential in the Southwest region and "Belt and Road" countries [2]

Core Viewpoint - Chengmai Technology (300598) reported a revenue increase but a decline in profit for the first half of 2025, indicating challenges in profitability despite growth in sales [1] Financial Performance Summary - Total revenue for the first half of 2025 reached 1.019 billion yuan, a year-on-year increase of 17.86% compared to 864 million yuan in 2024 [1] - The net profit attributable to shareholders was -56.72 million yuan, a slight decline of 2.11% from -55.55 million yuan in the previous year [1] - The gross profit margin decreased to 12.72%, down 20.3% from 15.96% in 2024, while the net profit margin improved slightly to -6.08% [1] - Total expenses (selling, administrative, and financial) amounted to 124 million yuan, accounting for 12.16% of revenue, an increase of 1.15% year-on-year [1] Cash Flow and Debt Analysis - Operating cash flow per share was -1.14 yuan, a significant decrease of 134.08% from -0.49 yuan in the previous year [1] - The company’s cash and cash equivalents increased by 84.61%, attributed to reduced repayments of short-term loans in the previous year [4] - Interest-bearing liabilities surged by 197.02% to 863 million yuan, indicating increased reliance on debt financing [1] Asset and Liability Changes - Inventory increased by 47.85% due to unfulfilled projects and rising stock for the Xinchuang computer business [2] - Accounts receivable rose by 20.67% to 776 million yuan, reflecting higher sales but also potential collection risks [1] - The company reported a 164.08% increase in prepayments, indicating higher procurement costs [3] Investment and R&D Insights - The company’s intangible assets grew by 75.23%, driven by internal R&D efforts [3] - Development expenditures were fully capitalized as intangible assets, reflecting a strategic shift towards internal innovation [4] Overall Business Evaluation - The historical return on invested capital (ROIC) has been volatile, with a median of 14% since the company’s listing, but a significant loss of -10.93% in 2022 [5] - Analysts project a modest profit of 10 million yuan for 2025, with an average earnings per share of 0.05 yuan [5]

Group 1 - The core viewpoint of the article is that Chengmai Technology (300598.SZ) has seen an increase in institutional and foreign investment in its shares as of August 25, 2025, with a total of 75.97 million shares held by institutional investors, accounting for 35.01% of the total share capital [1] - Institutional investors include several entities such as Nanjing Chengmai Technology Development Group Co., Ltd., Nanjing Taize Investment Management Center (Limited Partnership), and others, with the institutional holding ratio increasing by 0.52 percentage points compared to the previous quarter [1] - In terms of public funds, three public funds increased their holdings during this period, including Southern CSI 1000 ETF, Huaxia CSI 1000 ETF, and GF CSI 1000 ETF, with an increase in holding ratio of 0.32% [1] Group 2 - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings, contributing to a 0.41% increase in foreign investment [1] - The report indicates a positive trend in institutional and foreign investment, suggesting growing confidence in Chengmai Technology's performance [1]

Group 1 - The core point of the article is that Chengmai Technology has appointed a new securities representative to assist the board secretary in fulfilling responsibilities [1] - Chengmai Technology's revenue composition for the year 2024 is predominantly from the software and information technology services sector, accounting for 99.45%, while other businesses contribute 0.55% [1] - As of the report, Chengmai Technology has a market capitalization of 12.8 billion yuan [1]

Group 1 - The core point of the article highlights the financial performance and stock market activity of Chengmai Technology (300598) as of August 25, 2025, with a closing price of 58.88 yuan, a decrease of 0.79% [1] - The company reported a total operating revenue of 1.019 billion yuan, a year-on-year increase of 17.86%, while the net profit attributable to shareholders was 56.7176 million yuan, a decrease of 2.11% [1] - The company has a current ratio of 1.533, a quick ratio of 1.264, and a debt-to-asset ratio of 46.06% [1] Group 2 - Chengmai Technology has made investments in 53 companies and participated in 524 bidding projects [2] - The company holds 91 trademark registrations and 77 patents, along with 37 administrative licenses [2]

Group 1 - The company announced the appointment of Li Chang as the securities affairs representative [2]