广西天山电子股份有限公司 2025 年半年度报告全文 广西天山电子股份有限公司 2025 年半年度报告 2025 年 8 月 1 广西天山电子股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人王嗣纬、主管会计工作负责人陈元涛及会计机构负责人(会计 主管人员)劳志娟声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本报告中涉及的未来发展规划等前瞻性陈述不构成公司对投资者的实质承 诺，敬请广大投资者理性投资，注意风险。 公司在本年度报告中详细阐述了未来可能存在的风险因素及对策，具体内 容详见本报告"第三节管理层讨论与分析之十、公司面临的风险和应对措 施"，敬请投资者予以关注。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | | | 广西天山电子股份有限公司 2025 年半年度报告全文 备查文件目录 一、载有公司法定代表人、主管会计工作负责人、公司会计机构负责人( ...

Market Overview - The optical and optoelectronic sector rose by 0.28% on August 25, with Helitai leading the gains [1] - The Shanghai Composite Index closed at 3883.56, up 1.51%, while the Shenzhen Component Index closed at 12441.07, up 2.26% [1] Top Gainers - Helitai (002217) closed at 3.38, up 10.10% with a trading volume of 2.3734 million shares and a transaction value of 783 million [1] - Eighty Billion Space (688181) closed at 43.58, up 8.09% with a trading volume of 191,800 shares and a transaction value of 835 million [1] - Yingchuan (300582) closed at 16.25, up 7.62% with a trading volume of 300,700 shares and a transaction value of 485 million [1] - Other notable gainers include Aobi Zhongguang (688322) and Aolaide (688378) with increases of 6.63% and 6.05% respectively [1] Top Losers - Chenzhan Optoelectronics (003019) saw a significant drop of 9.99%, closing at 39.20 with a trading volume of 269,300 shares and a transaction value of 1.112 billion [2] - ST Yushun (002289) decreased by 4.45%, closing at 28.53 with a trading volume of 43,100 shares and a transaction value of 124 million [2] - Huati Technology (603679) fell by 4.18%, closing at 17.20 with a trading volume of 180,200 shares and a transaction value of 313 million [2] Capital Flow - The optical and optoelectronic sector experienced a net outflow of 2.087 billion from institutional investors, while retail investors saw a net inflow of 1.101 billion [2] - Notable stocks with significant capital flow include Longli Technology (300752) with a net inflow of 1.05 billion from institutional investors [3] - Other stocks like Riji Optoelectronics (003015) and Shuijing Optoelectronics (002273) also experienced notable capital movements, with net outflows from retail investors [3]

Core Viewpoint - The optical and optoelectronic sector experienced a significant increase, with a 2.03% rise on August 22, led by Helitai's strong performance [1] Group 1: Market Performance - The Shanghai Composite Index closed at 3825.76, up 1.45% [1] - The Shenzhen Component Index closed at 12166.06, up 2.07% [1] - Helitai (002217) led the sector with a closing price of 3.07, reflecting a 10.04% increase [1] Group 2: Stock Performance - The following stocks showed notable gains: - Chanzhan Optoelectronics (003019) closed at 43.55, up 8.60% [1] - Chenglai Optics (688502) closed at 438.00, up 8.01% [1] - Wavelength Optoelectronics (301421) closed at 89.77, up 7.10% [1] - Lianjian Optoelectronics (300269) closed at 5.83, up 6.97% [1] - Fuzhen Technology (002222) closed at 44.48, up 5.63% [1] - Aobi Zhongguang (688322) closed at 83.28, up 5.38% [1] - Gebijia (835438) closed at 45.00, up 4.65% [1] - Fuguang Co., Ltd. (688010) closed at 34.74, up 4.45% [1] - Tianshan Electronics (301379) closed at 27.76, up 4.13% [1] Group 3: Capital Flow - The optical and optoelectronic sector saw a net inflow of 889 million yuan from main funds [3] - Retail investors contributed a net inflow of 54.79 million yuan, while speculative funds experienced a net outflow of 944 million yuan [3]

Investment Rating - The report assigns a "Buy" rating for the company for the first time [2]. Core Views - The company is experiencing steady growth in its main business, with a focus on complex modules and automotive electronic smart terminals as future growth drivers [5][9]. - The company is actively expanding into the ASIC and enterprise-level storage module markets, which are expected to open up new growth opportunities [6][8]. Summary by Sections Company Overview - The company has a total share capital of 197.57 million shares and a market price of 27.10 yuan, resulting in a market capitalization of approximately 5,354.22 million yuan [4]. - The company has evolved from black-and-white LCD products to color screens, automotive displays, and complex modules, with a revenue composition of 61% from color LCD modules, 24% from monochrome modules, 12% from displays, and 2% from touch screens and others [4][18]. Financial Performance - The company has achieved a five-year revenue CAGR of approximately 24% and a net profit CAGR of about 33% [5][20]. - Revenue projections for 2023A to 2027E are 1,267 million yuan, 1,477 million yuan, 1,765 million yuan, 2,198 million yuan, and 2,919 million yuan, respectively, with growth rates of 3%, 17%, 20%, 24%, and 33% [2]. - The net profit for the same period is projected to be 107 million yuan, 150 million yuan, 161 million yuan, 209 million yuan, and 306 million yuan, with growth rates of -9%, 40%, 7%, 29%, and 46% [2]. Market and Product Strategy - The company is focusing on complex modules and automotive electronic smart terminals, with significant R&D progress in smart serial display modules and variable light rearview mirror modules [5][30][33]. - The company is also investing in ASIC and enterprise-level storage modules, with a projected global market size for enterprise SSDs expected to reach 396 billion USD by 2029 [6][8]. Investment and Growth Potential - The company has established a full-chain layout for ASIC and enterprise-level storage modules through investments in Tianlianxin and Xincun Technology, enhancing its competitive edge in the semiconductor field [8][25]. - The company’s strategic focus on high-end production lines and complex modules is expected to drive future growth, particularly in the automotive sector [17][35].

证券日报网讯天山电子（301379）8月19日在互动平台回答投资者提问时表示，截至2025年8月8日，公 司股东总户数为13777户。 ...

证券代码：301379 证券简称：天山电子 公告编号：2025-068 广西天山电子股份有限公司 关于注销及开立募集资金专户并签署三方监管协议的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或者重大遗漏。 一、募集资金的基本情况 经中国证券监督管理委员会《关于同意广西天山电子股份有限公司首次公开发 行股票注册的批复》（证监许可〔2022〕1446 号）同意，广西天山电子股份有限公 司（以下简称"公司"）由主承销商申万宏源证券承销保荐有限责任公司采用网下向 符合条件的投资者询价配售和网上向持有深圳市场非限售 A 股股份或非限售存托凭 证市值的社会公众投资者定价发行相结合的方式，向社会公众公开发行人民币普通 股（A股）股票2,534.00万股，发行价为每股人民币31.51元，共计募集资金79,846.34 万元，坐扣承销和保荐费用 5,461.55 万元后的募集资金为 74,384.79 万元，已由主 承销商申万宏源证券承销保荐有限责任公司于 2022 年 10 月 21 日汇入公司募集资金 监管账户。另减除上网发行费、招股说明书印刷费、申报会计师费、律师费、评估费 等 ...

Group 1 - The stock price of Tianshan Electronics closed at 25.53 yuan on August 6, 2025, with an increase of 0.12 yuan, representing a rise of 0.47% from the previous trading day [1] - The trading volume on the same day was 45,931 hands, with a transaction amount of 117 million yuan [1] - Tianshan Electronics specializes in the manufacturing of electronic components and operates within the optical and optoelectronic sector, with products primarily used in consumer electronics and communication equipment [1] Group 2 - As of July 31, 2025, the total number of shareholders for Tianshan Electronics was 13,530 [1] - On August 6, 2025, the net inflow of main funds into Tianshan Electronics was 13.07 million yuan, accounting for 0.4% of the circulating market value [1] - However, over the past five trading days, there has been an overall net outflow of funds amounting to 25.83 million yuan [1]

证券日报网讯天山电子（301379）8月6日在互动平台回答投资者提问时表示，截至2025年7月31日，公 司股东总户数为13530户。 ...

广西天山电子股份有限公司（以下简称"公司"）于 2025 年 6 月 11 日召开了第 三届董事会第十七次会议，并于 2025 年 6 月 27 日召开了 2025 年第一次临时股东大 会，审议通过了《关于增加公司注册资本、修订<公司章程>并授权办理工商变更登记 的议案 》 ， 具 体 内 容 详 见 公 司 于 2025 年 6 月 12 日 披 露 在 巨 潮 资 讯 网 （www.cninfo.com.cn）的《关于增加注册资本、修订<公司章程>并授权办理工商变更 登记的公告》（公告编号：2025-060）。 近日，经钦州市行政审批局核准，公司完成了相关工商变更登记和《公司章 程》备案手续，并取得了换发的《营业执照》，现将有关登记情况公告如下： 一、《营业执照》的基本信息 证券代码：301379 证券简称：天山电子 公告编号：2025-067 广西天山电子股份有限公司 关于完成工商变更登记并换发营业执照的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或者重大遗漏。 注册资本：壹亿玖仟柒佰伍拾柒万贰仟捌佰肆拾圆整 成立日期：2005 年 08 月 26 日 住所 ...

证券代码：301379 证券简称：天山电子 公告编号：2025-066 广西天山电子股份有限公司 | | | | | | 现金管 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 序 | 投资 | 受托人名称 | 产品 | 产品 | 理金额 | 产品起 | 产品到 | 预计年 | 资金 | | 号 | 主体 | | 名称 | 类型 | | 息日 | 期日 | 化收益率 | 来源 | | | | | | | (万元) | | | | | | | 公司 | 中信银行南宁分行 | 安盈象固收稳益三 个月封闭式 61 号 | 浮动收 | | | | | 募集 | | 1 | | | | 益型 | 2,100.00 | 2025/4/15 | 2025/8/1 | 2.00%-2.30% | 资金 | | | | | CAF245497C | | | | | | | | | | 招商银行股份有限公司广 | 信银理财安盈象固 | | | | | | | | 2 | 公司 | 西自贸试验区南宁片区五 | 收稳利三个月持有 | ...