国新证券股份有限公司 关于元道通信股份有限公司 2025 年半年度持续督导跟踪报告 | 保荐人名称：国新证券股份有限公司 | 被保荐公司简称：元道通信 | | --- | --- | | 保荐代表人姓名：潘建忠 | 联系电话：010-85556840 | | 保荐代表人姓名：乔军文 | 联系电话：010-85556840 | 一、保荐工作概述 | 项目 | 工作内容 | | --- | --- | | 1.公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 无 | | 2.督导公司建立健全并有效执行规章制度的情况 | | | （1）是否督导公司建立健全规章制度（包括但不限于防止关联 | | | 方占用公司资源的制度、募集资金管理制度、内控制度、内部 | 是 | | 审计制度、关联交易制度） | | | （2）公司是否有效执行相关规章制度 | 具体参见"二、保荐机构发现公司 | | | 存在的问题及采取的措施" | | 3.募集资金监督情况 | | | （1）查询公司募集资金专户次数 | 按月取得募集资金专户的对账单 | | （2）公 ...

Group 1 - The company's operating revenue for the first half of 2025 is 584 million yuan, representing a year-on-year decline of 27.84% [1] - The net profit for the same period is 15.98 million yuan, showing a year-on-year decrease of 46.96% [1]

Financial Performance - The company's operating revenue for the first half of 2025 was approximately ¥584.15 million, a decrease of 27.84% compared to ¥809.54 million in the same period last year[22]. - The net profit attributable to shareholders of the listed company was approximately ¥15.98 million, down 46.96% from ¥30.13 million year-on-year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥16.47 million, a decline of 49.76% compared to ¥32.79 million in the previous year[22]. - Basic earnings per share decreased by 48.00% to ¥0.13 from ¥0.25 in the previous year[22]. - The company reported a total comprehensive income of ¥19,655,775.85, down from ¥30,735,989.50, highlighting a significant reduction in overall profitability[192]. - The company reported a decrease of 8,308,673 shares in restricted shares, resulting in a total of 45,413,652 restricted shares, which is 37.35% of the total shares[163]. Cash Flow and Investments - The net cash flow from operating activities improved to approximately -¥48.35 million, a 73.79% increase compared to -¥184.46 million in the same period last year[22]. - Operating cash flow turned negative with a net cash flow of -¥48,353,417.42 compared to -¥184,464,558.79 in the previous year, showing an improvement in cash flow management[193]. - The company raised a total of RMB 1,169,184,000.00 from the issuance of 30,400,000 shares at a price of RMB 38.46 per share, with a net amount of RMB 1,065,182,616.17 after deducting issuance costs[98]. - The company has utilized RMB 290 million of idle fundraising for temporary working capital as of June 30, 2025[101]. - The cash outflow for debt repayment was 142,025,791.08 yuan, a substantial increase from 23,247,155.21 yuan in the previous period, indicating a rise of over 509%[196]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥3.37 billion, a decrease of 1.82% from ¥3.43 billion at the end of the previous year[22]. - The company's total assets decreased to CNY 3.16 billion in the latest reporting period from CNY 3.22 billion previously, reflecting a reduction of 1.8%[184]. - Total liabilities decreased to CNY 1,420,849,703.68 from CNY 1,495,357,751.04, a decline of approximately 5%[180]. - The company's equity attributable to shareholders increased to CNY 1,951,166,491.74 from CNY 1,939,317,297.75, reflecting a growth of about 0.6%[180]. Market Position and Strategy - The company is a leading communication technology service provider, primarily serving major telecom operators and infrastructure operators, ensuring stable and high-quality network environments[31]. - The company aims to leverage the growth of 5G technology to expand its service offerings into smart parks and smart cities, creating new business growth points[36]. - The company has established a leading position in the communication technology service industry, particularly in network maintenance services, with a strong competitive edge in the market[38]. - The company is positioned in a highly concentrated telecommunications industry, primarily serving major telecom operators and equipment manufacturers[54]. - The company has a high customer concentration risk, primarily relying on telecom operators, and aims to reduce this dependency by expanding its market with China Telecom, China Unicom, and others[115]. Research and Development - R&D investment in the first half of 2025 increased by 17.91%, accounting for 6.32% of operating revenue, focusing on the development of a comprehensive operation management system[77]. - The company has accumulated over 200 patents and software copyrights, enhancing its technological innovation capabilities[68]. - The self-developed digital model "Xiao Yuan" achieved significant progress in AI applications, enhancing efficiency in task processing and employee management[80]. - The company emphasizes R&D to keep pace with technological advancements, ensuring its services remain competitive and meet customer demands[117]. Risk Management - The management has outlined potential risk factors and countermeasures in the report, emphasizing the importance of investor awareness regarding investment risks[4]. - The company is addressing management risks associated with rapid growth by enhancing its operational management systems and utilizing digital platforms for intelligent operations[116]. - The company has implemented safety measures to mitigate risks associated with field operations, including team management and safety training[118]. Operational Efficiency - The company aims to achieve a fault work order handling timely rate of at least 98.5% as part of its service quality indicators[56]. - The company maintained a work order response time of ≤2 hours[59]. - The company has developed a comprehensive digital operation management system, significantly improving operational efficiency and data service quality[70]. Industry Trends - The government report for 2025 emphasizes the expansion of 5G applications and the cultivation of 6G, which is expected to drive growth in the communication industry[40]. - In the renewable energy sector, the company aims to build an integrated management platform for solar energy storage and charging, expanding its market presence in photovoltaic applications[42]. - The intelligent computing demand is expected to grow rapidly, with a target of exceeding 300 EFLOPS in computing power by 2025, with intelligent computing accounting for 35%[54].

8月22日消息，新浪股民维权平台今日收到陈姓股民针对元道通信（维权）的维权申请，目前该维权咨询已被陈宇霞律师接受。新浪股民维权平台将关注该股民的索赔进程，相关维权持续征集中 新浪股民维权平台目前有13名专业律师可代理该公司维权，平台目前已收到88件针对元道通信的维权。 平台有多个维权入口，微博关注@新浪证券、微信关注新浪券商基金、访问新浪财经客户端、新浪财经首页都能找到我们！需要您填写个人姓名、联系方式，选择索赔公司和索赔理由、代理律师 填写维权单注意事项： 1、请填写详细的个人信息 。2、上传至平台的对账单务必清晰，可识别。 3、对账单应包含股票信息，交易时间，交易数量等关键信息。 4、对账单必须为证券公司出具有法律效力的对账单的 参与维权、律师入驻详戳二维码 ↓ 新浪财经将持续为投资者发声！ 元道通信索赔条件 上市后到2025-07-11之间买入股票，且在2025-07-12收盘时卖出或仍持有。 接受律师：刘鹏、陈宇霞、张海峰、许峰、刘冰华、李鸿杰、张云、刘彦梅、厉健、徐劲、赵敬国、王奕尧、牛 如何快速维权？ ...

Market Overview - On August 20, the communication services sector rose by 0.39% compared to the previous trading day, with Huaxing Chuangye leading the gains [1] - The Shanghai Composite Index closed at 3766.21, up 1.04%, while the Shenzhen Component Index closed at 11926.74, up 0.89% [1] Individual Stock Performance - Huaxing Chuangye (300025) closed at 7.46, with a gain of 2.75% and a trading volume of 244,900 shares, amounting to a transaction value of 179 million yuan [1] - Yitong Century (300310) closed at 6.91, up 2.22%, with a trading volume of 419,600 shares and a transaction value of 286 million yuan [1] - Zhongfutong (300560) closed at 14.96, gaining 1.56% with a trading volume of 89,700 shares and a transaction value of 132 million yuan [1] - Runze Technology (300442) closed at 56.77, up 1.45%, with a trading volume of 129,530 shares and a transaction value of 1.642 billion yuan [1] - Guanghuan Xinwang (300383) closed at 15.61, gaining 1.43% with a trading volume of 815,200 shares and a transaction value of 1.249 billion yuan [1] Fund Flow Analysis - The communication services sector experienced a net outflow of 353 million yuan from institutional investors and 376 million yuan from speculative funds, while retail investors saw a net inflow of 729 million yuan [2] - China Mobile (600941) had a net inflow of 115 million yuan from institutional investors, while it faced a net outflow of 203 million yuan from speculative funds [3] - North Latitude Technology (002148) saw a net inflow of 59.67 million yuan from institutional investors, with a net outflow of 53.74 million yuan from speculative funds [3]

Core Viewpoint - Yuan Dao Communication (301139.SZ) focuses on providing network construction, maintenance, and optimization services to ensure effective operation of information communication networks for telecom operators and other clients, delivering a stable and high-quality network environment for end users [1] Company Overview - The company currently does not engage in optical modules and optical communication business [1]

Group 1 - The core point of the news is that Yuandao Communication (301139) has seen significant financing activity, with a net financing purchase of 505.68 million yuan on August 13, 2025, and a total financing balance of 1.07 billion yuan [1][3] - Over the past three trading days, the company has recorded a cumulative net financing purchase of 1.1 million yuan, indicating a positive trend in investor sentiment [1] - In the last 20 trading days, there have been 11 days with net financing purchases, suggesting sustained interest from investors [1] Group 2 - The financing balance on August 13, 2025, increased by 4.94% compared to the previous day, reflecting growing investor engagement [3][4] - The financing net purchases for the previous days were 464.36 million yuan on August 12 and 129.55 million yuan on August 11, showing a consistent upward trend in financing activity [2][4] - The financing balance has fluctuated in recent days, with a notable decrease of 696.36 million yuan on August 8, 2025, before rebounding [2][4]

元道通信发行募集资金总额116,918.40万元，募集资金净额为106,518.26万元。公司最终募集资金净 额比原计划多22256.16万元。元道通信于2022年7月4日发布的招股书显示，拟募集资金84,262.10万元， 分别用于区域服务网点建设项目、研发中心建设项目、补充流动资金。 元道通信公开发行新股的发行费用（不含增值税）合计10,400.14万元，其中华融证券股份有限公司 获得保荐及承销费8418.12万元。 （责任编辑：华青剑） 元道通信于2022年7月8日在深交所创业板上市，发行股份数量为3040.00万股，占发行后总股本的 25.00%，发行价格38.46元，保荐机构是华融证券股份有限公司，保荐代表人是潘建忠、乔军文。 中国经济网北京8月13日讯 元道通信(301139.SZ)今日收报20.12元，跌幅2.38%。目前该股股价处于 破发状态。 ...

Group 1 - The stock price of Yuandao Communication is reported at 19.03 yuan as of August 7, 2025, with a decline of 0.68% from the previous trading day [1] - The opening price for the day was 19.24 yuan, with a highest price of 19.24 yuan and a lowest price of 18.87 yuan, resulting in a trading volume of 72,400 hands and a transaction amount of 138 million yuan [1] - Yuandao Communication operates in the communication services industry, providing network maintenance, optimization, and technical services primarily to telecom operators and government-enterprise clients [1] Group 2 - The company is registered in Xinjiang and is involved in concepts related to new energy and the Western Development strategy [1] - Yuandao Communication is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws [1] - Recent data indicates that on August 7, 2025, the net outflow of main funds from Yuandao Communication was 25.34 million yuan, accounting for 1.96% of its circulating market value, with a cumulative net outflow of 50.97 million yuan over the past five trading days, representing 3.95% of its circulating market value [1]

Group 1 - The company has confirmed that it is currently under investigation by the China Securities Regulatory Commission (CSRC) and has not yet received any conclusive opinions or decisions regarding the case [1] - The company is committed to cooperating with the CSRC during the investigation and will continue to monitor the situation while adhering to relevant laws and regulations for timely information disclosure [1] - The company aims to maintain its operational management and improve its business performance and overall strength despite the ongoing investigation [1]