Group 1 - The overall gross margin of the company has declined in the first half of the year compared to the same period last year, primarily due to adjustments in customer product structure and intensified competition in the downstream terminal market [2] - Core customers have shifted their focus towards mid-to-low-end product lines in response to market demand changes, resulting in a reduced production proportion of high-margin high-end models [2] - The pricing decline in the mid-to-low-end product market has exceeded the cost reduction, which has diluted the profit margin per unit product [2] Group 2 - The company faces significant pricing pressure due to aggressive pricing strategies from competitors in the industry, driven by mature technology and the release of capacity from existing enterprises [2] - The core raw material costs, primarily concentrated in PCBA and batteries, have remained stable in the first half of the year, with minor price fluctuations not significantly impacting the company's operations [2] - The company has successfully localized its supply chain, with all necessary components sourced from domestic suppliers [2] Group 3 - The company's production capacity utilization rate at its Vietnam facility has remained high in the first half of the year, attributed to the optimization of production layout and the transfer of more orders to this base [3] - The Vietnam factory has played a positive role in mitigating the potential impacts of geopolitical factors on overall business by diversifying production [3] - The cost gap between the Vietnam factory and domestic factories is gradually narrowing, and the Vietnam facility has provided flexibility in responding to trade policies and reducing tariff impacts [3]

Group 1 - The company, Jiahe Intelligent, announced on the evening of September 5 that its third board meeting approved the proposal for leasing out some idle assets [2] - The board also approved the appointment of a new deputy general manager [2]

Group 1 - The core point of the article is the appointment of Liu Dongdan as the Vice General Manager of Jiahe Intelligent [1] Group 2 - The company's board of directors approved the hiring of Liu Dongdan [1]

Core Viewpoint - Jiahe Intelligent Technology Co., Ltd. is taking steps to enhance the operational efficiency of its assets by leasing out idle assets from its wholly-owned subsidiary, Dongguan Jiahe Acoustic Technology Co., Ltd. [1] Summary by Relevant Sections - **Asset Leasing Details** - The company plans to lease out part of its idle assets located at No. 151, Shipaizhen Dongyuan Avenue, Dongguan City, Guangdong Province [1] - The rental fee will increase by 10% every three years, with the first rental period from January 1, 2026, to December 31, 2028, set at a monthly rent of 235,930.5 yuan (including tax) [1] - The subsequent rental period from January 1, 2029, to December 31, 2031, will have a monthly rent of 259,523.55 yuan (including tax) [1] - The total contract amount for the lease is 17.8363 million yuan [1]

Core Viewpoint - The company, Jiahe Intelligent (300793.SZ), reported that the prices of core raw materials, particularly PCBA and batteries, have remained stable in the first half of the year, indicating that minor price fluctuations will not significantly impact its operations [1] Summary by Relevant Categories - **Raw Material Costs** - The main raw material costs for the company are concentrated in PCBA and batteries [1] - The overall price trend for core raw materials has been stable in the first half of the year [1] - Minor price changes in PCBA and batteries will not have a significant effect on the company's operations [1] - **Supply Chain and Localization** - The company has made significant progress in the localization of its supply chain [1] - All necessary components for the company's products are currently sourced from domestic suppliers [1]

Core Viewpoint - The company, Jiahe Intelligent (300793.SZ), has indicated that its smart hardware products are designed with ports for integrating AI large models, allowing customers to select and provide the AI model based on their product positioning, technical requirements, and strategic planning [1] Group 1 - The company offers technical support and hardware-software collaborative solutions based on the AI model chosen by the customer, ensuring effective implementation of related AI functionalities [1]

Core Viewpoint - The company has optimized its production layout by shifting more orders to its Vietnam production base, which has led to a high capacity utilization rate in the first half of the year, thereby mitigating geopolitical risks to its overall business [1] Group 1: Production and Capacity - The capacity utilization rate at the Vietnam production base has remained high in the first half of the year [1] - The company has actively transferred more orders to the Vietnam facility, maximizing the value of overseas capacity [1] Group 2: Cost and Trade Policy - The cost gap between the Vietnam factory and domestic factories is gradually narrowing [1] - The Vietnam factory plays a positive role in terms of tariffs, allowing the company to respond more flexibly to trade policies in certain regions and reducing the impact of tariff factors on the company [1]

Group 1 - The company, Jiahe Intelligent (300793), announced that its wholly-owned subsidiary, Dongguan Jiahe Acoustic Technology Co., Ltd., plans to lease out part of its idle assets located at No. 151, Dongyuan Avenue, Shipa Town, Dongguan City, Guangdong Province, for industrial factory purposes [1] - This leasing of idle assets is expected to help the company activate its existing assets and improve asset utilization [1]

Core Viewpoint - The company plans to lease part of its idle assets to enhance asset utilization and activate existing resources [1] Group 1 - The subsidiary Dongguan Jiahe Acoustics Technology Co., Ltd. intends to lease idle assets located in Dongguan, Guangdong Province [1] - The leased assets will be used as industrial factories [1] - This move is expected to improve the company's asset utilization rate [1]

| 证券代码：300793 | 证券简称：佳禾智能 | 公告编号：2025-085 | | --- | --- | --- | | 债券代码：123237 | 债券简称：佳禾转债 | | 佳禾智能科技股份有限公司 关于对外出租部分闲置资产的公告 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。 一、交易概述 为盘活公司存量资产，提升佳禾智能科技股份有限公司（以下简称"公司"） 资产整体运营效率，公司全资子公司东莞市佳禾电声科技有限公司（以下简称"东 莞电声"）拟将位于广东省东莞市石排镇东园大道石排段151号部分闲置资产对外 出租。 2025年9月5日，公司召开了第三届董事会第三十次会议，审议通过了《关于拟 对外出租资产的议案》。根据《公司章程》等相关规定，本次对外出租的合同金额 在董事会审批权限内，无须提交公司股东会批准。 二、本次交易方情况 公司名称：东莞市三盛地产投资有限公司 住所：广东省东莞市石排镇石排福隆工业四路1号1号楼102室 成立日期：2025年8月25日 营业期限：2025年8月25日至无固定期限 经营范围：一般项目：以自有资金从事投资活动；房地 ...