Core Insights - 壹连科技's stock price decreased by 0.77% on September 10, with a trading volume of 1.26 billion yuan [1] - The company reported a financing buy-in of 14.29 million yuan and a net financing buy of 208,800 yuan on the same day [1] - As of September 10, the total financing and securities lending balance for 壹连科技 was 151 million yuan, representing 8.57% of its market capitalization [1] Financial Performance - For the first half of 2025, 壹连科技 achieved a revenue of 2.066 billion yuan, reflecting a year-on-year growth of 22.12% [2] - The net profit attributable to shareholders for the same period was 137 million yuan, with a year-on-year increase of 18.49% [2] - Cumulative cash dividends paid by the company since its A-share listing amounted to 78.36 million yuan [2] Shareholder Structure - As of June 30, 2025, the number of shareholders for 壹连科技 was 13,200, a decrease of 20.84% from the previous period [2] - The average number of circulating shares per shareholder increased by 86.48% to 1,461 shares [2] - Notable institutional shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 12.45 million shares, and several new entrants such as Southern CSI 1000 ETF and Huaxia CSI 1000 ETF [2]

| 项 目 | 工作内容 | | --- | --- | | （1）是否存在需要关注的事项 | 否 | | （2）关注事项的主要内容 | 不适用 | | （3）关注事项的进展或者整改情况 | 不适用 | | 9.保荐业务工作底稿记录、保管是否合规 | 是 | | 10.对上市公司培训情况 | | | （1）培训次数 | 0 次 | | （2）培训日期 | 不适用 | | （3）培训的主要内容 | 不适用 | | 11.上市公司特别表决权事项（如有） | | | （1）持有特别表决权股份的股东是否持续符合 | | | 《股票上市规则》第 4.6.3 条/《创业板股票上市 | 不适用 | | 规则》第 4.4.3 条的要求； | | | （2）特别表决权股份是否出现《股票上市规则》 | | | 第 4.6.8 条/《创业板股票上市规则》第 4.4.8 条 | 不适用 | | 规定的情形并及时转换为普通股份； | | | （3）特别表决权比例是否持续符合《股票上市规 | 不适用 | | 则》/《创业板股票上市规则》的规定； | | | （4）持有特别表决权股份的股东是否存在滥用特 | 不适用 | | 别表决权或者其 ...

Group 1 - The core viewpoint of the news highlights the recent trading performance and financial metrics of Yilian Technology, including a 3.59% drop in stock price on September 2, with a trading volume of 268 million yuan [1] - As of September 2, Yilian Technology's financing balance reached 150 million yuan, accounting for 8.38% of its market capitalization, with a net financing purchase of 10.08 million yuan on that day [1] - The company reported a revenue of 2.066 billion yuan for the first half of 2025, representing a year-on-year growth of 22.12%, and a net profit of 137 million yuan, up 18.49% year-on-year [2] Group 2 - Yilian Technology's main business revenue composition includes 58.83% from battery connection components, 28.44% from low-voltage signal transmission components, and 11.48% from power transmission components [1] - As of June 30, 2025, the number of shareholders decreased by 20.84% to 13,200, while the average circulating shares per person increased by 86.48% to 1,461 shares [2] - The company has distributed a total of 78.3554 million yuan in dividends since its A-share listing [3]

Core Insights - The company, Yilian Technology, reported a total revenue of 2.066 billion yuan for the first half of 2025, representing a year-on-year increase of 22.12% [1] - The net profit attributable to shareholders reached 137 million yuan, up 18.49% year-on-year [1] - The company has a significant accounts receivable issue, with accounts receivable amounting to 440.72% of the net profit [1] Financial Performance - Total revenue for 2025 H1: 2.066 billion yuan, up from 1.692 billion yuan in 2024 H1 [1] - Net profit for 2025 H1: 137 million yuan, compared to 115 million yuan in 2024 H1 [1] - Gross margin for 2025 H1: 16.4%, an increase of 1.43% year-on-year [1] - Net margin for 2025 H1: 6.5%, a decrease of 4.52% year-on-year [1] - Total expenses (selling, administrative, and financial) amounted to 97.6962 million yuan, accounting for 4.73% of revenue, up 9.2% year-on-year [1] Cash Flow Analysis - Net cash flow from operating activities increased by 87.95%, attributed to higher sales and increased cash receipts from sales [4] - Net cash flow from investing activities decreased significantly by 985.17%, due to increased financial investments [5] - Net cash flow from financing activities decreased by 562.55%, primarily due to increased debt repayment [6] - The net increase in cash and cash equivalents dropped by 848.4%, influenced by both financial investments and debt repayments [7] Cost Structure - Sales expenses increased by 33.15%, driven by expanded sales scale and higher employee compensation and storage costs [3] - Management expenses rose by 38.25%, due to the need for additional management personnel and new industrial park construction [3] - Income tax expenses increased by 38.42%, reflecting higher profits [3] Investment Returns - The company's return on invested capital (ROIC) for the previous year was 11.82%, indicating average capital returns [8] - Historical data shows a median ROIC of 25.02% since the company went public, suggesting good investment returns [8]

Group 1 - The company reported a revenue of 2.066 billion yuan for the first half of 2025, representing a year-on-year growth of 22.12% [1] - The net profit for the same period was 137 million yuan, with a year-on-year increase of 18.49% [1] - The net cash flow from operating activities reached 338 million yuan, showing a significant year-on-year growth of 87.95% [1] Group 2 - The company focuses on core business areas, enhancing product research and development, and expanding global operations and production capacity [1] - The company has established production bases in multiple locations, including Shenzhen, Ningde, Liyang, Yibin, Leqing, and Zhaoqing, and offers a range of products including battery connection components and flexible printed circuits (FPC) [2] - The company aims to integrate upstream material resources and enhance market competitiveness and cost advantages through technological advancements in connection components [2]

Core Insights - Shenzhen Yilian Technology Co., Ltd. reported a revenue of 2.066 billion yuan for the first half of 2025, representing a year-on-year growth of 22.12% [1] - The company achieved a net profit attributable to shareholders of 137 million yuan, up 18.49% year-on-year, and a net profit of 124 million yuan after deducting non-recurring items, reflecting a 15.40% increase [1] - The basic earnings per share stood at 1.49 yuan, with net cash flow from operating activities reaching 338 million yuan, marking an impressive growth of 87.95% [1] Company Performance - Yilian Technology focuses on the research, design, production, sales, and service of electrical connection components, enhancing its market competitiveness through product innovation and global expansion [1] - The company's main product, battery cell connection components, generated a revenue of 1.216 billion yuan, showing a year-on-year increase of 20.26% [1] Strategic Developments - The company is breaking through technical barriers in electrical connection components and accelerating the self-manufacturing process of certain parts, thereby integrating the supply chain and enhancing cost advantages [2] - Recently, Yilian Technology's wholly-owned subsidiary, Ningde Yilian Electronics Co., Ltd., held an opening ceremony, which signifies an upgrade in production capacity, technology research and development, and green manufacturing [2] - The new production base is positioned as a strategic hub to enhance service capabilities for core customers and build a more efficient support service system, aiming for long-term mutual development [2]

Group 1 - The core point of the article is that Yilian Technology (SZ 301631) held its 18th meeting of the fifth board of directors on August 25, 2025, to review the proposal for the 2025 semi-annual report [1] - For the year 2024, Yilian Technology's revenue composition shows that the electronic device manufacturing industry accounts for 99.01% of its total revenue, while other businesses contribute 0.99% [1]

Core Viewpoint - Yilian Technology (301631.SZ) reported a strong performance in its semi-annual report, showcasing significant growth in revenue and net profit compared to the previous year [1] Financial Performance - The company achieved an operating revenue of 2.066 billion yuan, representing a year-on-year increase of 22.12% [1] - The net profit attributable to shareholders reached 137 million yuan, reflecting a year-on-year growth of 18.49% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 124 million yuan, which is a year-on-year increase of 15.40% [1] - Basic earnings per share stood at 1.49 yuan per share [1] - The net cash flow from operating activities was 338 million yuan, showing a remarkable year-on-year growth of 87.95% [1]

Core Viewpoint - 壹连科技 reported strong financial performance in the first half of 2025, driven by growth in the electric connection components sector and expansion into new markets such as low-altitude economy and energy storage [1][2][4]. Financial Performance - The company achieved operating revenue of 2.066 billion yuan, a year-on-year increase of 22.12% [1] - Net profit attributable to shareholders was 137 million yuan, up 18.49% year-on-year [1] - The net profit excluding non-recurring gains and losses was 124 million yuan, reflecting a growth of 15.40% [1] - Basic earnings per share stood at 1.49 yuan [1] - Net cash flow from operating activities reached 338 million yuan, a significant increase of 87.95% [1] Business Focus and Market Expansion - 壹连科技 is focusing on core business areas, enhancing product R&D and technology innovation, and expanding global presence and production capacity [1] - The company is actively developing various downstream applications and key projects to broaden its product application fields [1] - The growth in the new energy vehicle penetration rate and the stable development of the energy storage industry are driving revenue and profit growth [1][2] Product Matrix and Industry Trends - The company specializes in electric connection components, with production bases established in multiple locations across China [2] - The global new energy vehicle market is experiencing rapid growth, with sales reaching 7.52 million units in the first five months of 2025, a year-on-year increase of 32.4% [2] - Revenue from the company's main product, electric core connection components, was 1.216 billion yuan, up 20.26% year-on-year [2] - The electric connection components sector is entering a golden development period due to the rapid growth of new energy vehicles and expanding energy storage scale [2] Technological Advancements - The company is integrating upstream material resources and focusing on the production of flexible printed circuits (FPC), which are crucial for electric vehicle battery management systems [3] - FPCs are expected to play a key role in the trend towards miniaturization and lightweight electronic devices, enhancing the company's market competitiveness and cost advantages [3] New Market Opportunities - 壹连科技 has entered the low-altitude economy sector, developing products for drones and other low-altitude vehicles [4] - The low-altitude economy market in China is projected to exceed 1.5 trillion yuan by 2025, driven by policy, capital, technology, and demand [4] - The company aims to leverage this emerging market to enhance its business prospects and economic growth [4] Capacity Expansion and Strategic Development - The company’s subsidiary, Ningde Yilian Electronics, recently held an opening ceremony, marking a significant upgrade in production capacity and technological capabilities [5] - The new production base will serve as a strategic hub to enhance service capabilities for core customers and strengthen market competitiveness [5]

第五届监事会第十七次会议决议公告 本公司及监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、误导性陈述或重大遗漏。 深圳壹连科技股份有限公司（以下简称"公司"）第五届监事会第十七次会 议于 2025 年 8 月 25 日在公司会议室以现场方式召开。本次会议通知于 2025 年 8 月 14 日以书面送达方式发出，会议应出席监事 3 人，实际出席监事 3 人。会 议由监事会主席丁华山先生召集并主持。本次会议的召集、召开符合《公司法》 和《公司章程》的有关规定，会议合法有效。 一、监事会会议审议情况 经过各位监事认真审议，本次会议形成如下决议： 1、审议通过《关于 2025 年半年度报告全文及摘要的议案》 监事会认为：董事会编制和审议公司《2025 年半年度报告》及其摘要的程 序符合法律、行政法规和中国证监会的规定，报告内容真实、准确、完整地反映 了上市公司实际情况，不存在任何虚假记载、误导性陈述或重大遗漏。 证券代码：301631 证券简称：壹连科技 公告编号：2025-036 深圳壹连科技股份有限公司 表决结果：同意 3 票，反对 0 票，弃权 0 票。 2、审议通过《关于<2025 年半年度 ...