证券代码：300789 证券简称：唐源电气 公告编号：2025-085 成都唐源电气股份有限公司 关于向特定对象发行股票的募集说明书等申请文件更新的 提示性公告 成都唐源电气股份有限公司（以下简称"公司"）于2025年8月28日收到深 圳证券交易所（以下简称"深交所"）出具的《关于受理成都唐源电气股份有限 公司向特定对象发行股票申请文件的通知》（深证上审〔2025〕164号），具体 内容详见公司于2025年8月28日在巨潮资讯网(www.cninfo.com.cn)披露的《关于 向特定对象发行股票申请获得深圳证券交易所受理的公告》（公告编号： 2025-083）。 鉴于公司《2025年半年度报告》已披露，公司会同相关中介机构对募集说明 书、发行保荐书等申请文件中涉及的财务数据及相关内容等进行了同步更新，具 体内容详见公司同日于巨潮资讯网（www.cninfo.com.cn）披露的相关文件。 公司本次向特定对象发行股票的事宜尚需通过深交所审核，并获得中国证券 监督管理委员会（以下简称"中国证监会"）同意注册后方可实施，最终能否通 过深交所审核并获得中国证监会同意注册的决定及时间仍存在不确定性。公司将 根据该事项 ...

Group 1 - The company, Tangyuan Electric, announced its participation in the "Sichuan District 2025 Investor Online Collective Reception Day and Semi-Annual Report Performance Briefing" [2] - The event is scheduled for September 12, 2025 [2]

成都唐源电气股份有限公司 关于参加四川辖区 2025 年投资者网上集体接待日及半年度 报告业绩说明会活动的公告 证券代码：300789 证券简称：唐源电气 公告编号：2025-084 届时公司董事长陈唐龙先生、独立董事邹燕女士、独立董事胡伟先生、财务 总监张南女士、副总经理兼董事会秘书陈玺先生将在线就公司 2024 年度及 2025 年半年度业绩、公司治理、发展战略、经营状况和可持续发展等投资者关心的问 题，与投资者进行沟通与交流，欢迎广大投资者踊跃参与！ 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。 为进一步加强与投资者的互动交流，成都唐源电气股份有限公司（以下简称 "公司"）将参加由四川省上市公司协会、深圳市全景网络有限公司联合举办的 "四川辖区 2025 年投资者网上集体接待日及半年度报告业绩说明会"活动，现 将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演" （https://rs.p5w.net）参与本次互动交流，活动时间为 2025 年 9 月 12 日（周 五）14:00—17:00，其中 15:00-17:00 ...

Market Overview - The computer equipment sector experienced a decline of 2.65% on September 3, with Xuanji Information leading the drop [1] - The Shanghai Composite Index closed at 3813.56, down 1.16%, while the Shenzhen Component Index closed at 12472.0, down 0.65% [1] Stock Performance - Key stocks in the computer equipment sector showed varied performance, with Kaiwang Technology rising by 6.45% to a closing price of 39.76 [1] - Other notable performers included Shuguang Digital Innovation, which increased by 2.18% to 84.90, and Allianz Ruishi, which rose by 2.11% to 40.70 [1] - Conversely, stocks like Tangyuan Electric and ST Yingfeitou saw declines of 0.45% and 0.00%, respectively [1] Capital Flow - The computer equipment sector saw a net outflow of 2.753 billion yuan from main funds, while retail investors contributed a net inflow of 2.553 billion yuan [3] - Speculative funds recorded a net inflow of 200 million yuan into the sector [3]

Financial Performance - Tangyuan Electric (300789) reported a total revenue of 290 million yuan for the first half of 2025, a year-on-year decrease of 7.91% [1] - The net profit attributable to shareholders was 33.6 million yuan, down 27.6% compared to the previous year [1] - The second quarter revenue was 210 million yuan, reflecting a 6.13% decline year-on-year, while the net profit for the same period was 26.2 million yuan, a decrease of 33.37% [1] - Accounts receivable increased significantly, with a year-on-year growth of 43.92%, reaching 670 million yuan [1] Key Financial Ratios - Gross margin improved to 37.94%, an increase of 3.83% year-on-year, while net margin decreased to 12.58%, down 15.94% [1] - Total selling, administrative, and financial expenses amounted to 41.7 million yuan, representing 14.37% of revenue, a 30.26% increase year-on-year [1] - Earnings per share fell to 0.23 yuan, a decrease of 28.24% compared to the previous year [1] Business Strategy and Expansion - The company established a subsidiary in Tibet to focus on safety monitoring in mining and dam projects, indicating a strategic move for national expansion [3][4] - The subsidiary aims to replicate successful models from Sichuan and Gansu, leveraging existing technology and project experience [4] - The focus will be on core areas such as mining safety, dam monitoring, and disaster monitoring, adapting technologies to local conditions [4] Investment and Return Metrics - The company's return on invested capital (ROIC) was 6.72%, indicating average capital returns, with a historical median ROIC of 16.59% since its listing [3] - The net profit margin was reported at 11.9%, suggesting average added value for products or services [3] - Cash flow metrics indicate a need for attention, with cash and cash equivalents covering only 51.64% of current liabilities [3]

Core Insights - Tangyuan Electric reported a revenue of 290 million yuan and a net profit of 33.6 million yuan for the first half of 2025, with its core business in smart transportation generating 243 million yuan, a year-on-year increase of 21.97% [1] - The company focuses on machine vision, robotics, embedded computing, digital twins, artificial intelligence, and health management, providing solutions primarily for smart transportation, emergency response, and intelligent manufacturing [1] - The strategic direction includes "AI technology leadership + multi-industry scenario expansion + Belt and Road Initiative layout," aiming to enhance both the scale and profitability of core and innovative businesses [2] Smart Rail Transit Sector - The company developed a new generation of drone inspection systems based on AI technology, which significantly improves operational efficiency and defect detection rates compared to traditional manual inspections [3] - The highland tunnel intelligent detection technology has successfully completed high-speed data collection tests, providing reliable technical support for infrastructure inspection in high-altitude areas [3] - A standardized application solution for rail track material flaw detection has been established, demonstrating high damage detection rates and efficiency improvements over traditional methods [3] Railway Busification and Smart Station Sector - Fixed adaptive platform doors have been implemented at Chongqing East Station, and liftable safety protection devices have been applied at Huanglong Jiuzhai Station and Chengdu East Station [4] - The third generation of liftable safety protection devices is under development, with steady progress in the localization of core electrical components [4] Smart Emergency Sector - The mining safety monitoring and early warning product system has been applied in multiple regions, with intelligent image recognition products widely used in the mining sector [4] - An intelligent integration management platform for mining enterprises has been established in Sichuan Province, along with a comprehensive monitoring system for transportation routes and disasters in Taizhou [4] Intelligent Manufacturing Sector - The company successfully won a bid for a smart factory application platform in the automotive parts industry, aiding in the digital and intelligent transformation of production lines [4] - The development of smart factory AI agents has accelerated, significantly improving production scheduling efficiency and quality response times [4] Fundraising Initiatives - The company has submitted an application for a specific stock issuance to the Shenzhen Stock Exchange, with funds intended for the development and industrialization of intelligent operation robots and AI models for rail transit [5] - The implementation of these fundraising projects aims to enhance core technologies in intelligent perception and motion control, as well as to develop a comprehensive big data management system [5]

Group 1 - The core viewpoint of the article is that Chengdu Tangyuan Electric Co., Ltd. plans to raise up to 864 million yuan through a private placement to fund various projects related to intelligent operation and maintenance robots for rail transit, AI model development, and marketing service system upgrades [2][3] - The company aims to issue shares to no more than 35 investors, with the raised funds allocated for research and industrialization of intelligent operation and maintenance robots and AI models, as well as to supplement working capital [2] - Tangyuan Electric focuses on machine vision, robot control, embedded computing, digital twins, artificial intelligence, fault prediction, and health management, and has developed several intelligent operation and maintenance robot products for rail transit [2][3] Group 2 - The implementation of the fundraising projects will accelerate the company's core technology breakthroughs in intelligent perception and motion control, enhancing product competitiveness and responding better to customer needs [3] - The company plans to upgrade its marketing service system to align with its development strategy and operational goals, aiming to increase market penetration and customer satisfaction [3] - The fundraising will effectively enhance the company's capital strength, providing sufficient support for product development, upgrades, and industrialization [3]

证券代码：300789 证券简称：唐源电气 公告编号：2025-080 一、重要提示 本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规划，投 资者应当到证监会指定媒体仔细阅读半年度报告全文。 所有董事均已出席了审议本报告的董事会会议。 非标准审计意见提示 □适用 √不适用 董事会审议的报告期利润分配预案或公积金转增股本预案 □适用 √不适用 公司计划不派发现金红利，不送红股，不以公积金转增股本。 董事会决议通过的本报告期优先股利润分配预案 □适用 √不适用 二、公司基本情况 1、公司简介 ■ 2、主要会计数据和财务指标 □适用 √不适用 公司是否具有表决权差异安排 公司是否需追溯调整或重述以前年度会计数据 □是 √否 ■ 3、公司股东数量及持股情况 单位：股 ■ 持股5%以上股东、前10名股东及前10名无限售流通股股东参与转融通业务出借股份情况 □适用 √不适用 前10名股东及前10名无限售流通股股东因转融通出借/归还原因导致较上期发生变化 □是 √否 4、控股股东或实际控制人变更情况 控股股东报告期内变更 □适用 √不适用 公司报告期控股股东未发生变更。 实际控制人报告期 ...

Core Viewpoint - Chengdu Tangyuan Electric Co., Ltd. reported a revenue of 290 million yuan and a net profit of 33.6 million yuan for the first half of 2025, focusing on AI technology and expanding into multiple industry scenarios [1] Group 1: Financial Performance - The company achieved a revenue of 290 million yuan and a net profit of 33.6 million yuan in the first half of the year [1] - The strategic focus includes "AI technology leadership + multi-industry scenario expansion + Belt and Road layout" [1] Group 2: Business Segments - The core business in smart transportation and the railway busification and smart station sectors saw year-on-year revenue growth [2] - The company successfully developed a new generation of drone intelligent inspection based on AI technology and completed high-speed collection tests on the Qinghai-Tibet Railway [2] - The smart emergency business achieved breakthroughs with the application of mining safety monitoring and early warning products in multiple regions [2] Group 3: Innovation and Development - The company adheres to the business philosophy of "sticking to the main business and innovating development," leveraging core technologies to continuously develop new products and technologies [3] - The company aims to create a unique "1+N" innovation development model to cultivate new profit growth points [3]

Core Viewpoint - Tangyuan Electric (300789.SZ) reported a decline in revenue and net profit for the first half of 2025, indicating potential challenges in its financial performance [1] Financial Performance - The company achieved an operating revenue of 290 million yuan, a year-on-year decrease of 7.91% [1] - The net profit attributable to shareholders was 33.6 million yuan, down 27.60% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 27.6 million yuan, reflecting a year-on-year decline of 36.14% [1] - Basic earnings per share were reported at 0.2338 yuan [1]