证券代码：300814 证券简称：中富电路 公告编号：2025-091 深圳中富电路股份有限公司 关于与专业投资机构共同投资设立产业投资基金的进展公告 根据《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市公司 自律监管指引第7号——交易与关联交易》等相关规定，本次与专业投资机构共 同投资无需提交公司董事会或股东大会审议。根据《深圳证券交易所创业板股 票上市规则》《深圳中富电路股份有限公司章程》等相关规定，本次对外投资 属于总经理权限范围内并已经公司总经理办公会审议通过。本次与专业投资机 构共同投资不构成关联交易，亦不构成《上市公司重大资产重组管理办法》规 定的重大资产重组。具体内容详见公司于巨潮资讯网（http://www.cninfo.com.cn） 披露的《关于与专业投资机构共同投资设立产业投资基金的公告》（公告编号： 2025-079）。 二、对外投资进展 近日，该投资基金已完成了注册登记手续，并取得了营业执照。现将具体 注册信息公告如下： 1、企业名称：嘉兴湃圃春之阳创业投资合伙企业（有限合伙） 2、出资额：贰亿伍仟万元整 3、类型：有限合伙企业 本公司及董事会全体成员保证信息披露的内容真实、 ...

Group 1 - CPO concept stocks experienced a downturn on September 2, with Cambridge Technology hitting the daily limit down [1] - Ruijie Networks fell over 10%, while Dekoli, Taichengguang, Zhongfu Circuit, and Tianfu Communication all dropped more than 7% [1]

Core Viewpoint - A new venture capital firm named Jiaxing Paipu Spring Sunshine Venture Capital Partnership (Limited Partnership) has been established with a total investment of 250 million yuan, focusing on investing in unlisted companies [1] Group 1: Company Involvement - The new venture capital firm is co-funded by Platinum Technology (300811) and Zhongfu Circuit (300814) [1]

Group 1 - A new venture capital firm named Jiaxing Paipu Chunzhiyang Investment Partnership (Limited Partnership) has been established with a capital contribution of 250 million yuan [1] - The business scope of the new firm includes venture capital, specifically limited to investments in unlisted companies [1] - The firm is co-funded by companies such as Botek New Materials (300811) and Zhongfu Circuit (300814) [1]

Group 1 - The company reported a revenue of 849 million yuan for the first half of 2025, representing a year-on-year growth of 27.84% [1] - The net profit attributable to shareholders of the listed company was 16.78 million yuan, showing a year-on-year decline of 34.13% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 13.15 million yuan, down 30.08% year-on-year [1] - The basic earnings per share were 0.09 yuan [1]

Summary of Key Points Core Viewpoint - Shenzhen Zhongfu Circuit Co., Ltd. reported a significant increase in revenue but faced a decline in net profit and cash flow, indicating potential operational challenges and rising costs [1][2]. Financial Performance - The company achieved a revenue of 849 million yuan in the first half of 2025, representing a year-on-year growth of 27.84% [1]. - Net profit attributable to shareholders was 16.78 million yuan, a decrease of 34.13% compared to the previous year [1]. - Operating cash flow turned negative, dropping from 74.79 million yuan in the same period last year to -35.57 million yuan [1]. Cost and Profitability - Operating costs increased by 26.25%, while gross margin only slightly improved by 1.24 percentage points to 16.91% [1]. - Management expenses surged by 102.55% to 37.82 million yuan, primarily due to the expansion of production scale and increased management personnel, as well as costs associated with the establishment of the factory in Thailand [1]. Asset Management - Accounts receivable rose to 414 million yuan, and inventory increased to 491 million yuan, together accounting for 47% of current assets [1]. - The company attributed the increase in receivables and payables to "increased notes receivable and payment limits," but did not disclose specific measures for improvement [1]. Investment in Thailand - The company has invested a total of 271 million yuan in its production base in Thailand, but only realized a revenue of 211,100 yuan during the reporting period [1]. - The Thai factory is currently facing management, operational, and market risks, with significant uncertainties due to cultural differences and varying regulations [1]. - The factory is still in the capacity ramp-up phase, with insufficient production line utilization, yet the company continued to invest an additional 48.03 million yuan during the reporting period [2].

Core Insights - The company reported a total revenue of 849.14 million yuan for the first half of 2025, representing a year-on-year increase of 27.84% [3] - However, the net profit attributable to shareholders decreased by 34.13% to 16.78 million yuan, and the net profit after deducting non-recurring gains and losses fell by 30.08% to 13.15 million yuan [3][4] - The company experienced a significant decline in cash flow from operating activities, which turned negative at -35.57 million yuan, a decrease of 147.56% compared to the previous year [3] Financial Performance - Revenue growth was primarily driven by three core business areas: communication and data center business grew approximately 75%, semiconductor packaging applications increased by about 84%, and automotive electronics contributed a stable growth of around 35% [3][4] - Basic earnings per share decreased by 35.71% to 0.09 yuan, while diluted earnings per share fell by 40% to 0.09 yuan [3] - The weighted average return on net assets dropped to 1.19%, down by 0.99% from the previous year [3] Asset and Equity Position - Total assets at the end of the reporting period reached 3.17 billion yuan, reflecting a 6.09% increase from the end of the previous year [3] - The net assets attributable to shareholders increased by 36.44% to 1.63 billion yuan [3] Business Operations and Client Base - The company has established a stable customer base across various sectors, including communication, industrial control, automotive electronics, consumer electronics, and semiconductor packaging, maintaining long-term partnerships with numerous well-known domestic and international enterprises [2] - The company’s products are exported to Europe, Asia, and the Americas, and it focuses on high-reliability, high-performance printed circuit board demands [2] Production Facilities - The company operates four production bases: ShaJing, SongGang, HeShan, and Thailand, each specializing in different production scales and product types [3] - The production bases enable the company to offer a wide range of products, including single/double-layer boards, multi-layer boards, and high-frequency boards, catering to various electronic information product applications [4]

Group 1 - The company Zhongfu Circuit (SZ 300814) held its 21st meeting of the second board on August 27, 2025, to review the semi-annual report for 2025 and related documents [1] - For the first half of 2025, the company's revenue composition was 89.34% from printed circuit boards and 10.66% from other businesses [1]

深圳中富电路股份有限公司 董事会提名委员会工作细则 第一章 总 则 第一条 为规范深圳中富电路股份有限公司（以下简称"公司"）领导人员 的产生，优化董事会、管理层的组成，完善公司治理结构，根据《中华人民共和 国公司法》《深圳中富电路股份有限公司章程》（以下简称"《公司章程》"） 及其他有关规定，公司特设立董事会提名委员会，并制定本工作细则（以下简称 "本细则"）。 第二条 董事会提名委员会是董事会按照股东会决议设立的专门工作机构， 主要负责对公司董事和高级管理人员的人选、选择标准和程序进行选择并提出建 议。 第二章 人员组成 第三条 董事会提名委员会成员由三名董事组成，其中独立董事过半数。 第四条 董事会提名委员会委员由董事长、二分之一以上独立董事或者全体 董事的三分之一以上提名，并由董事会选举产生。 第五条 董事会提名委员会设主任委员（召集人）一名，由独立董事委员担 任，负责主持委员会工作；主任委员由提名委员会全体委员过半数选举产生。 第六条 董事会提名委员会任期与董事会任期一致，委员任期届满，连选可 以连任。期间如有委员不再担任公司董事职务，其委员资格自其不再担任董事之 时自动失去，并由董事会根据上述第三 ...

深圳中富电路股份有限公司 董事会审计委员会工作细则 第一章 总 则 第一条 为强化董事会决策能力，做到事前审计、专业审计，确保董事会对经理层 的有效监督，完善公司治理结构，根据《中华人民共和国公司法》《深圳中富电路股 份有限公司章程》（以下简称"《公司章程》"）及其他有关法律法规及规范性文件的规 定，公司特设立董事会审计委员会，并制订本工作细则（以下简称"本细则"）。 第二条 董事会审计委员会是董事会按照股东会决议设立的专门工作机构，主要负 责审核公司财务信息及其披露、公司内、外部审计的沟通、监督和核查工作，包括审 查企业内部控制，监督内部控制的有效实施和内部控制自我评价情况，协调内部控制 审计及其他相关事宜等。 第二章 人员组成 第三条 审计委员会成员由三名不在公司担任高级管理人员的董事组成，其中独立 董事 2 名，委员中至少有一名独立董事为专业会计人员（会计专业人士是指具备注册 会计师资格、具有会计、审计或者财务管理专业的高级职称、副教授或以上职称、博 士学位）。 第四条 审计委员会委员由董事长、二分之一以上独立董事或者全体董事的三分之 一以上提名，并由董事会选举产生。 第五条 审计委员会设主任委员（召集 ...