格隆汇9月3日丨致远新能(300985.SZ)公布，截至2025年8月31日，公司尚未实施本次股份回购。 ...

证券代码：300985 证券简称：致远新能 公告编号：2025-052 长春致远新能源装备股份有限公司 一、 股份回购进展情况 截至 2025 年 8 月 31 日，公司尚未实施本次股份回购。 二、其他说明 公司后续将根据市场情况在回购期限内继续实施本次回购计划，并按照相关法律法 规和规范性文件的规定及时履行信息披露义务。 敬请广大投资者注意投资风险。 关于股份回购进展的公告 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。 长春致远新能源装备股份有限公司（以下简称"公司"）于 2025 年 5 月 6 日召开第 二届董事会第二十六次会议，审议通过了《关于回购公司股份方案的议案》，同意公司拟 使用自有资金和自筹资金通过深圳证券交易所交易系统以集中竞价交易方式回购公司发 行的人民币普通股（A 股）股票，用于实施股权激励或员工持股计划。本次回购股份数 量不低于 150 万股（含本数）且不超过 300 万股（含本数），约占公司目前股本总额的 0.8042%至 1.6085%。按照回购数量上限 300 万股和回购价格上限 22.00 元/股测算，回 购资金总额约为人民币 ...

Group 1 - The core viewpoint of the news highlights the financial performance and trading activity of Zhiyuan New Energy, indicating a slight increase in stock price and notable financing activity on August 26 [1] - As of August 26, Zhiyuan New Energy's financing balance is 68.77 million, accounting for 1.89% of its market capitalization, which is below the 40th percentile level over the past year, indicating a low financing level [1] - The company reported a revenue of 815 million for the first half of 2025, reflecting a year-on-year growth of 1.09%, while the net profit attributable to shareholders decreased by 54.83% to 29.77 million [2] Group 2 - Zhiyuan New Energy has distributed a total of 69.18 million in dividends since its A-share listing, with 53.18 million distributed over the past three years [3] - The company specializes in the research, production, and sales of vehicle LNG supply systems, with the main revenue sources being vehicle LNG supply systems (88.40%) and low-temperature storage tanks (3.81%) [1]

Core Viewpoint - The financial performance of Zhiyuan New Energy (300985) for the first half of 2025 shows a slight increase in total revenue but a significant decline in net profit, indicating potential challenges in profitability and cash flow management [1][2]. Financial Performance Summary - Total revenue for the first half of 2025 reached 815 million yuan, a year-on-year increase of 1.09% compared to 806 million yuan in 2024 [1]. - Net profit attributable to shareholders was 29.77 million yuan, down 54.83% from 65.92 million yuan in the previous year [1]. - The gross profit margin decreased to 14.98%, a decline of 28.58% year-on-year, while the net profit margin fell to 3.64%, down 55.39% [1][2]. - The company reported a significant increase in accounts receivable, which accounted for 40.93% of total revenue, indicating potential liquidity issues [1]. Cost and Expense Analysis - Operating costs increased by 8.76%, attributed to the growth in revenue from the graphite lithium battery anode materials project [2]. - Sales expenses decreased by 62.79%, reflecting a reduction in costs due to the implementation of new accounting standards [2]. - Financial expenses rose by 66.95%, primarily due to increased bank loans [2]. Cash Flow and Debt Situation - The net cash flow from operating activities showed a significant decline of 57.13%, influenced by prepayments from customers in the previous year and ongoing cash outflows exceeding inflows [3]. - The net cash flow from financing activities decreased by 21.33%, driven by increased loan repayments [4]. - The company’s cash flow situation is concerning, with a cash ratio of 35.43% and negative average operating cash flow over the past three years [5]. Investment and R&D Insights - Research and development expenses surged by 97.75%, indicating a strong focus on innovation despite financial challenges [2]. - The company has limited inventory of carbon fiber materials, which may impact its ability to capitalize on market opportunities in the hydrogen energy sector [5].

Meeting Overview - The second meeting of the board of directors of Changchun Zhiyuan New Energy Equipment Co., Ltd. was held on August 23, 2025, with all 7 directors present, including one via remote voting [1] - The meeting was chaired by Chairman Zhang Yuan, and the procedures complied with the Company Law and the company's articles of association [1] Financial Reporting - The board approved the 2025 semi-annual report, confirming it accurately reflects the company's financial status and operating results without any false records or misleading statements [1][2] - The voting results for the approval were unanimous, with 7 votes in favor, 0 against, and 0 abstentions [2] Fund Management - The company prepared a special report on the management and use of raised funds for the first half of 2025, confirming compliance with regulations and no violations in fund usage [2] - The report was also unanimously approved by the board with the same voting results [2] Asset Impairment - The board agreed to the provision for asset impairment, stating it aligns with accounting standards and reflects the company's financial condition and asset value accurately [3] - This decision was also unanimously approved by the board [3] Credit Facilities - The company plans to apply for a credit facility of up to RMB 85 million from CITIC Bank and RMB 100 million from China Everbright Bank, with specific terms for each facility [4] - The board authorized the finance department to handle the credit application and related legal documents [5] - The voting results for this proposal were 5 in favor, 0 against, and 0 abstentions, with related directors abstaining from the vote [5]

Meeting Overview - The second meeting of the supervisory board of Changchun Zhiyuan New Energy Equipment Co., Ltd. was held on August 23, 2025, with all three supervisors present, confirming the legality and validity of the meeting procedures [1][2]. Financial Reporting - The supervisory board approved the 2025 semi-annual report, affirming that it accurately reflects the company's financial status and operational results without any false records or misleading statements [1][2]. - The board also confirmed that the company has complied with relevant regulations regarding the use of raised funds, with no violations reported [2][3]. Asset Impairment - The supervisory board agreed that the company's provision for asset impairment is in accordance with accounting standards and accurately reflects the company's asset status and operational results, ensuring no harm to the interests of shareholders, especially minority shareholders [2][3]. Credit Facilities - The company applied for a credit facility of up to RMB 85 million from CITIC Bank and RMB 100 million from China Everbright Bank, with the credit limits being renewable within specified timeframes [3][4]. - Personal guarantees were provided by the company's major shareholders, ensuring that the transaction does not negatively impact the company's financial status or independence [4][5].

Core Viewpoint - Changchun Zhiyuan New Energy Equipment Co., Ltd. reported a slight increase in revenue for the first half of 2025, but significant declines in net profit and earnings per share, indicating challenges in profitability despite revenue growth [6][7]. Financial Performance - Revenue for the first half of 2025 was approximately 815.21 million yuan, a 1.09% increase compared to 806.45 million yuan in the same period of 2024 [6]. - Net profit attributable to shareholders decreased by 66.77% to approximately 19.73 million yuan from 59.39 million yuan year-on-year [6]. - Basic earnings per share fell by 54.84% to 0.1596 yuan from 0.3534 yuan in the previous year [6]. - The net cash flow from operating activities improved by 57.13%, reaching approximately -191.06 million yuan compared to -445.64 million yuan in the previous year [6]. Business Overview - The company focuses on high-end equipment manufacturing in the new energy sector and the processing of lithium battery anode materials [7]. - Main products include vehicle LNG supply systems and LNG power ship fuel systems, which are essential for heavy-duty trucks and engineering vehicles [7][8]. - The company operates within the metal products industry, specifically in the manufacturing of low-temperature insulated pressure vessels for LNG [7]. Industry Trends - The LNG heavy-duty truck market is growing due to its environmental benefits, including reduced emissions compared to traditional diesel trucks [8][9]. - Recent policies from the National Development and Reform Commission and other governmental bodies have prioritized LNG vehicles, providing subsidies and support for the replacement of older vehicles with LNG models [9][10]. - The LNG supply chain, including infrastructure for refueling stations, is expanding, enhancing the competitiveness of LNG trucks in long-haul logistics [12][14]. Product Details - The company's main products include various types of LNG supply systems, which are designed for different vehicle capacities and applications [11][20]. - The LNG supply systems are critical for reducing pollution and meeting modern environmental standards, aligning with national low-carbon energy goals [8][9].

Core Viewpoint - The company reported a slight increase in revenue but a significant decline in net profit for the first half of 2025 compared to the same period in the previous year [1][2]. Financial Performance - Operating revenue for the reporting period was approximately 815.21 million yuan, representing a 1.09% increase from 806.45 million yuan in the same period last year [1]. - Net profit attributable to shareholders was approximately 29.77 million yuan, a decrease of 54.83% from 65.92 million yuan year-on-year [1]. - The net profit after deducting non-recurring gains and losses was not specified but is implied to have decreased significantly [1]. - The net cash flow from operating activities was approximately -191.06 million yuan, showing an improvement of 57.13% from -445.64 million yuan in the previous year [1]. - Basic and diluted earnings per share were both 0.16 yuan, down 54.84% from 0.35 yuan [1]. - The weighted average return on equity was 3.03%, down from 5.23% [1]. Assets and Equity - Total assets at the end of the reporting period were approximately 2.62 billion yuan, an increase of 17.42% from 2.23 billion yuan at the end of the previous year [1]. - Net assets attributable to shareholders were approximately 995.32 million yuan, reflecting a 2.43% increase from 971.67 million yuan [2]. Shareholder Information - The company has not distributed cash dividends, bonus shares, or capital reserves for the reporting period [1]. - The largest shareholder, Changchun Huifeng Automotive Gear Co., Ltd., holds an 18.77% stake, with other significant shareholders including individuals with varying percentages [2]. Important Matters - There were no significant matters reported during the period [3].

Group 1 - The company, Zhiyuan New Energy, reported a revenue of 815,207,786.34 yuan for the first half of 2025, representing a year-on-year growth of 1.09% [2] - The net profit attributable to shareholders of the listed company was 29,772,643.71 yuan, showing a year-on-year decline of 54.83% [2]

Group 1 - The core point of the article is that Zhiyuan New Energy announced the approval of multiple proposals during the 21st meeting of its second supervisory board [2] Group 2 - The company released an announcement on the evening of August 25 regarding the resolutions passed [2] - The proposals included the full text and summary of the company's agenda [2]