Group 1 - The company did not distribute cash dividends, issue bonus shares, or increase capital from reserves during the reporting period [2] - There were no changes in the controlling shareholder or actual controller during the reporting period [3] - The company has no preferred shareholders or related holdings during the reporting period [3] Group 2 - The company does not require retrospective adjustments or restatements of previous accounting data [2] - The company has not experienced any changes in the number of shareholders or their holdings during the reporting period [2] - The company has outstanding bonds as of the report approval date [3]

Core Viewpoint - The company, Shanghai Xiangfenghua Technology Co., Ltd., reported a decline in revenue and net profit for the first half of 2025, primarily due to increased competition and a decrease in product prices in the graphite anode materials market [2][18]. Financial Performance - The company's operating revenue for the reporting period was approximately 687.59 million yuan, a decrease of 2.80% compared to the same period last year [18]. - The net profit attributable to shareholders was approximately -2.95 million yuan, representing a decline of 107.70% year-on-year [18]. - The net cash flow from operating activities was -181.44 million yuan, a significant decrease of 364.68% compared to the previous year [18]. - Basic and diluted earnings per share were both -0.0247 yuan, down 107.06% from the previous year [18]. Market and Industry Analysis - The company primarily generates revenue from the sale of graphite anode materials, with raw materials including primary graphite and various types of petroleum coke [2]. - The anode materials market is facing intense competition, influenced by fluctuations in raw material prices and changes in downstream demand [2][3]. - The company plans to continuously monitor raw material prices and enhance management and technological innovation to mitigate cost pressures [2]. Research and Development - The company has established a research and development center focused on lithium battery anode materials, with ongoing investments in new technologies and products [15][16]. - As of the reporting period, the company holds 71 authorized invention patents and collaborates with universities for technological innovation [15][16]. Strategic Initiatives - The company aims to strengthen its position in the new carbon materials industry and has begun exploring new product lines such as silicon-carbon anodes and graphene [11][15]. - The company is actively expanding its international market presence, including partnerships with well-known lithium battery manufacturers in Germany and South Korea [17]. Operational Insights - The company employs a direct sales model, focusing on customer needs and providing comprehensive technical support throughout the sales process [14]. - The procurement strategy is based on a "production-driven procurement" model, ensuring that raw materials are sourced from qualified suppliers [12][13].

本报告期末 上年度末 末增减 | 总资产（元） | 4,711,012,343.51 | | 4,436,207,714.82 | 6.19% | | --- | --- | --- | --- | --- | | 归属于上市公司股东的净资产（元） | | 2,167,008,321.62 | | | | 2,170,108,465.52 -0.14% | | | | | | 告摘要 | | | | 上海市翔丰华科技股份有限公司 | | 2025 | 年半年度报 | | --- | --- | --- | --- | --- | --- | --- | --- | | 报告期 | | | | | | | 单位：股 | | | | | 报告期末表决权恢 | | | 持有特别表决权股 | | | 末普通 | | | | | | | | | 股股东 | | | | | | | | | | | | 数（如有） | 有） | | | | | 总数 | | | | | | | | | | | 前 10 | | 名股东持股情况（不含通过转融通出借股份） | | | | | 股东名 | 股东性 | 持股比 | | 持有有限售 ...

Core Viewpoint - Xiangfenghua announced the approval of multiple proposals, including the full text and summary of the company's 2025 semi-annual report, during the second meeting of the fourth board of directors [2] Group 1 - The board meeting took place on July 31, where significant resolutions were made [2] - The company is preparing for its 2025 semi-annual report, indicating ongoing financial planning and transparency [2]

Group 1 - The company, Xiangfenghua, reported a revenue of 688 million yuan for the first half of 2025, representing a year-on-year decline of 2.8% [1] - The net profit attributable to the parent company was a loss of 2.9459 million yuan, compared to a profit of 38.2408 million yuan in the same period last year [1] - The decline in performance is attributed to the graphite anode material industry experiencing a temporary imbalance in supply and demand due to capacity release, leading to intensified market competition and further price declines [1]

Group 1 - The company Xiangfenghua (SZ 300890, closing price: 30.25 yuan) reported a revenue of approximately 688 million yuan for the first half of 2025, representing a year-on-year decrease of 2.8% [2] - The net profit attributable to shareholders of the listed company was a loss of approximately 2.95 million yuan [2] - The basic earnings per share showed a loss of 0.0247 yuan [2]

Core Viewpoint - Xiangfenghua (300890.SZ) reported a decline in revenue and a net loss for the first half of 2025, indicating potential challenges in its financial performance [1] Financial Performance - The company achieved an operating revenue of 688 million yuan, a year-on-year decrease of 2.80% [1] - The net profit attributable to shareholders of the listed company was -2.9459 million yuan, marking a shift from profit to loss compared to the previous year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -14.7972 million yuan [1] - The basic earnings per share were -0.0247 yuan [1]

上海市翔丰华科技股份有限公司 2025 年半年度 非经营性资金占用及其他关联资金往来情况 的专项说明的议案 附件： 翔丰华 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 | 2025 | 年半 | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2025 | 年半年 | 年度 | 2025 | 年半 | 占用方与上市 | 2025 | 年期 | 度占用累计 | 占用 | 2025 | 年 | 6 | 月 | | | | | | | | 年度偿还 | 非经营性资金占用 | 资金占用方名称 | 公司的关联关 | 上市公司核算的会计科目 | 初占用资 | 发生金额 | 资金 | 期末占用资 | 占用形成原因 | 占用性质 | 累计发生 | | | | | | | | | | 系 | 金余额 | （不含利 | 的利 | ...

上海市翔丰华科技股份有限公司 2025 年半年度 募集资金存放与使用情况的报告 上海市翔丰华科技股份有限公司 2025 年半年度 募集资金存放与使用情况的专项报告 根据中国证券监督管理委员会《上市公司监管指引第 2 号——上市公司募集资金管理和 使用的监管要求》、深圳证券交易所《深圳证券交易所上市公司自律监管指引第 2 号——创 业板上市公司规范运作》及相关格式指引等规定，上海市翔丰华科技股份有限公司（以下简 称"本公司"）编制的 2025 年半年度的募集资金存放与使用情况的专项报告如下： 一、募集资金基本情况 （一）2022 年向特定对象发行股票募集资金 经中国证券监督管理委员会《关于同意深圳市翔丰华科技股份有限公司向特定对象发行 股票注册的批复》（证监许可【2022】1335 号）核准，公司本次向特定对象发行人民币普 通股（A 股）5,841,741 股，发行价格为人民币 37.66 元/股，募集资金总额为人民币 219,999,966.06 元，扣除各项发行费用人民币 2,971,698.12 元后，募集资金净额为人民币 217,028,267.94 元。募集资金已于 2022 年 7 月 6 日划至公 ...

上海市翔丰华科技股份有限公司 2025 年半年度财务报告 | 内容 | 页码 | | --- | --- | | 合并资产负债表 | 1-2 | | 公司资产负债表 | 3-4 | | 合并利润表 | 5 | | 公司利润表 | 6 | | 合并现金流量表 | 7 | | 公司现金流量表 | 8 | | 合并所有者权益变动表 | 9-10 | | 公司所有者权益变动表 | 11-12 | | 财务报表附注 | 13-106 | 目 录 上海市翔丰华科技股份有限公司 2025 年 6 月 30 日合并资产负债表 (金额单位为人民币元) | 资 产 | 附注 | 2025 年 6 月 30 日 | 2024 年 12 月 31 日 | | --- | --- | --- | --- | | 流动资产 | | | | | 货币资金 | 5.1 | 309,599,084.64 | 277,727,542.09 | | 交易性金融资产 | 5.2 | 97,308,525.00 | 131,687,432.72 | | 衍生金融资产 | | - | - | | 应收票据 | 5.3 | 198,169,575.92 ...