常州银河世纪微电子股份有限公司2025 年半年度报告 公司代码：688689 公司简称：银河微电 转债代码：118011 转债简称：银微转债 常州银河世纪微电子股份有限公司 2025 年半年度报告 1 / 184 常州银河世纪微电子股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会、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性、准确 性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 重大风险提示 详情敬请参阅本报告第三节"管理层讨论与分析"之"四、风险因素"相关内容。 三、 公司全体董事出席董事会会议。 四、 本半年度报告未经审计。 五、 公司负责人杨森茂、主管会计工作负责人李福承及会计机构负责人（会计主管人员）周浩 刚声明：保证半年度报告中财务报告的真实、准确、完整。 六、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 七、 是否存在公司治理特殊安排等重要事项 □适用 √不适用 八、 前瞻性陈述的风险声明 √适用 □不适用 本报告内容涉及的未来计划等前瞻性陈述因存在不确定性，不构成公司对投资者的实质性承 诺，请投资者注意投资风险 ...

[Important Notice](index=2&type=section&id=%E9%87%8D%E8%A6%81%E6%8F%90%E7%A4%BA) This section provides crucial declarations from the board, supervisors, and management, along with statements on profit distribution, forward-looking statements, fund occupation, board independence, and significant risks [Board of Directors, Supervisory Board, and Senior Management Statement](index=2&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E5%85%AC%E5%8F%B8%E8%91%A3%E4%BA%8B%E4%BC%9A%E3%80%81%E7%9B%91%E4%BA%8B%E4%BC%9A%E5%8F%8A%E8%91%A3%E4%BA%8B%E3%80%81%E7%9B%91%E4%BA%8B%E3%80%81%E9%AB%98%E7%BA%A7%E7%AE%A1%E7%90%86%E4%BA%BA%E5%91%98%E4%BF%9D%E8%AF%81%E5%8D%8A%E5%B9%B4%E5%BA%A6%E6%8A%A5%E5%91%8A%E5%86%85%E5%AE%B9%E7%9A%84%E7%9C%9F%E5%AE%9E%E6%80%A7%E3%80%81%E5%87%86%E7%A1%AE%E6%80%A7%E3%80%81%E5%AE%8C%E6%95%B4%E6%80%A7%EF%BC%8C%E4%B8%8D%E5%AD%98%E5%9C%A8%E8%9A%9A%E5%81%87%E8%AE%B0%E8%BD%BD%E3%80%81%E8%AF%AF%E5%AF%BC%E6%80%A7%E9%99%88%E8%BF%B0%E6%88%96%E9%87%8D%E5%A4%A7%E9%81%97%E6%BC%8F%EF%BC%8C%E5%B9%B6%E6%89%BF%E6%8B%85%E4%B8%AA%E5%88%AB%E5%92%8C%E8%BF%9E%E5%B8%A6%E7%9A%84%E6%B3%95%E5%BE%8B%E8%B4%A3%E4%BB%BB%E3%80%82) The company's Board of Directors, Supervisory Board, and all Directors, Supervisors, and Senior Management declare the truthfulness, accuracy, and completeness of this semi-annual report, assuming individual and joint legal responsibility - The company's Board of Directors, Supervisory Board, and all Directors, Supervisors, and Senior Management guarantee the truthfulness, accuracy, and completeness of the semi-annual report content[3](index=3&type=chunk) - All company directors attended the board meeting[4](index=4&type=chunk) - This semi-annual report is unaudited[5](index=5&type=chunk) [Company Head and Accounting Supervisor Statement](index=2&type=section&id=%E5%9B%9B%E3%80%81%E5%85%AC%E5%8F%B8%E8%B4%9F%E8%B4%A3%E4%BA%BA%E9%9F%A9%E5%AD%9D%E7%85%8C%E3%80%81%E4%B8%BB%E7%AE%A1%E4%BC%9A%E8%AE%A1%E5%B7%A5%E4%BD%9C%E8%B4%9F%E8%B4%A3%E4%BA%BA%E6%9D%8E%E6%98%A5%E5%8F%8A%E4%BC%9A%E8%AE%A1%E6%9C%BA%E6%9E%84%E8%B4%9F%E8%B4%A3%E4%BA%BA%EF%BC%88%E4%BC%9A%E8%AE%A1%E4%B8%BB%E7%AE%A1%E4%BA%BA%E5%91%98%EF%BC%89%E9%83%91%E5%BF%83%E4%BA%AD%E5%A3%B0%E6%98%8E%EF%BC%9A%E4%BF%9D%E8%AF%81%E5%8D%8A%E5%B9%B4%E5%BA%A6%E6%8A%A5%E5%91%8A%E4%B8%AD%E8%B4%A2%E5%8A%A1%E6%8A%A5%E5%91%8A%E7%9A%84%E7%9C%9F%E5%AE%9E%E3%80%81%E5%87%86%E7%A1%AE%E3%80%81%E5%AE%8C%E6%95%B4%E3%80%82) Company head Han Xiaohuang, chief accounting officer Li Chun, and head of accounting department Zheng Xinting declare that the financial report in the semi-annual report is true, accurate, and complete - Company head Han Xiaohuang, chief accounting officer Li Chun, and head of accounting department Zheng Xinting declare that the financial report in the semi-annual report is true, accurate, and complete[5](index=5&type=chunk) [Profit Distribution Plan](index=2&type=section&id=%E4%BA%94%E3%80%81%E8%91%A3%E4%BA%8B%E4%BC%9A%E5%86%B3%E8%AE%AE%E9%80%9A%E8%BF%87%E7%9A%84%E6%9C%AC%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%88%A9%E6%B6%A6%E5%88%86%E9%85%8D%E9%A2%84%E6%A1%88%E6%88%96%E5%85%AC%E7%A7%AF%E9%87%91%E8%BD%AC%E5%A2%9E%E8%82%A1%E6%9C%AC%E9%A2%84%E6%A1%88) During the current reporting period, the company's board of directors did not approve any profit distribution or capital reserve capitalization plan - The profit distribution plan or capital reserve capitalization plan for the current reporting period is "None"[6](index=6&type=chunk) [Forward-Looking Statement Risk Disclosure](index=2&type=section&id=%E5%85%AD%E3%80%81%E5%89%8D%E7%9E%BB%E6%80%A7%E9%99%88%E8%BF%B0%E7%9A%84%E9%A3%8E%E9%99%A9%E5%A3%B0%E6%98%8E) Forward-looking statements in this report, such as future plans and development strategies, do not constitute a substantive commitment to investors, who are advised to be aware of investment risks - The forward-looking statements in this report, including future plans and development strategies, do not constitute a substantive commitment by the company to investors, who are advised to be aware of investment risks[6](index=6&type=chunk) [Fund Occupation and Guarantees](index=2&type=section&id=%E4%B8%83%E3%80%81%E6%98%AF%E5%90%A6%E5%AD%98%E5%9C%A8%E8%A2%AB%E6%8E%A7%E8%82%A1%E8%82%A1%E4%B8%9C%E5%8F%8A%E5%85%B6%E4%BB%96%E5%85%B3%E8%81%94%E6%96%B9%E9%9D%9E%E7%BB%8F%E8%90%A5%E6%80%A7%E5%8D%A0%E7%94%A8%E8%B5%84%E9%87%91%E6%83%85%E5%86%B5) During the reporting period, the company was not subject to non-operating fund occupation by controlling shareholders or other related parties, nor did it provide external guarantees in violation of prescribed decision-making procedures - There was no non-operating occupation of funds by controlling shareholders or other related parties[7](index=7&type=chunk) - There were no external guarantees provided in violation of prescribed decision-making procedures[7](index=7&type=chunk) [Board Independence Statement](index=2&type=section&id=%E4%B9%9D%E3%80%81%E6%98%AF%E5%90%A6%E5%AD%98%E5%9C%A8%E5%8D%8A%E6%95%B0%E4%BB%A5%E4%B8%8A%E8%91%A3%E4%BA%8B%E6%97%A0%E6%B3%95%E4%BF%9D%E8%AF%81%E5%85%AC%E5%8F%B8%E6%89%80%E6%8A%AB%E9%9C%B2%E5%8D%8A%E5%B9%B4%E5%BA%A6%E6%8A%A5%E5%91%8A%E7%9A%84%E7%9C%9F%E5%AE%9E%E6%80%A7%E3%80%81%E5%87%86%E7%A1%AE%E6%80%A7%E5%92%8C%E5%AE%8C%E6%95%B4%E6%80%A7) The company declares that there is no situation where more than half of its directors cannot guarantee the truthfulness, accuracy, and completeness of the semi-annual report - There is no situation where more than half of the directors cannot guarantee the truthfulness, accuracy, and completeness of the company's disclosed semi-annual report[7](index=7&type=chunk) [Major Risk Alert](index=2&type=section&id=%E5%8D%81%E3%80%81%E9%87%8D%E5%A4%A7%E9%A3%8E%E9%99%A9%E6%8F%90%E7%A4%BA) During the reporting period, the company did not face any particularly significant risks that would substantially impact its production and operations; specific risks and countermeasures are detailed in the "Possible Risks" section of "Section III Management Discussion and Analysis" - During the reporting period, the company did not face any particularly significant risks that would substantially impact its production and operations[7](index=7&type=chunk) - The company has detailed various possible risks and countermeasures in this report; please refer to the "Possible Risks" section in "Section III Management Discussion and Analysis"[7](index=7&type=chunk) [Section I Definitions](index=4&type=section&id=%E7%AC%AC%E4%B8%80%E8%8A%82%20%E9%87%8A%E4%B9%89) This section provides definitions for common terms used throughout the report [Definitions of Common Terms](index=4&type=section&id=%E5%B8%B8%E7%94%A8%E8%AF%8D%E8%AF%AD%E9%87%8A%E4%B9%89) This chapter defines common terms used in the report, including the China Securities Regulatory Commission, the Company/Listed Company/Guancheng New Materials, the Reporting Period (January 1, 2025, to June 30, 2025), and currency units Yuan, Ten Thousand Yuan, and Hundred Million Yuan Definitions of Common Terms | Common Term | Definition | | :--- | :--- | | China Securities Regulatory Commission | China Securities Regulatory Commission | | Company, This Company, Listed Company, Guancheng New Materials | Citychamp Dartong Advanced Materials Co., Ltd | | Reporting Period | January 1, 2025, to June 30, 2025 | | Yuan, Ten Thousand Yuan, Hundred Million Yuan | RMB Yuan, RMB Ten Thousand Yuan, RMB Hundred Million Yuan, legal tender | [Section II Company Profile and Key Financial Indicators](index=5&type=section&id=%E7%AC%AC%E4%BA%8C%E8%8A%82%20%E5%85%AC%E5%8F%B8%E7%AE%80%E4%BB%8B%E5%92%8C%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) This section provides the company's basic information, contact details, changes in fundamental status, information disclosure channels, stock information, and key financial data and indicators for the reporting period [Company Basic Information](index=5&type=section&id=%E4%B8%80%E3%80%81%E5%85%AC%E5%8F%B8%E4%BF%A1%E6%81%AF) This section provides the company's basic information, including its Chinese name, abbreviation, English name, and legal representative, with the full name being Citychamp Dartong Advanced Materials Co., Ltd and the legal representative being Han Xiaohuang Company Basic Information | Indicator | Content | | :--- | :--- | | Chinese Name | Citychamp Dartong Advanced Materials Co., Ltd | | Chinese Abbreviation | Guancheng New Materials | | English Name | CITYCHAMP DARTONG ADVANCED MATERIALS CO.,LTD. | | English Name Abbreviation | CITYCHAMP AM | | Legal Representative | Han Xiaohuang | [Contact Information](index=5&type=section&id=%E4%BA%8C%E3%80%81%E8%81%94%E7%B3%BB%E4%BA%BA%E5%92%8C%E8%81%94%E7%B3%BB%E6%96%B9%E5%BC%8F) This section lists the contact addresses, telephone numbers, fax numbers, and email addresses for the company's Board Secretary Yu Tanfeng and Securities Affairs Representative Li Lishan Company Contact Information | Position | Board Secretary | Securities Affairs Representative | | :--- | :--- | :--- | | Name | Yu Tanfeng | Li Lishan | | Contact Address | Building C, No. 1 Guancheng Dartong Plaza, No. 5 Puxiazhou Road, Cangshan District, Fuzhou City, Fujian Province | Building C, No. 1 Guancheng Dartong Plaza, No. 5 Puxiazhou Road, Cangshan District, Fuzhou City, Fujian Province | | Phone | 0591—83350026 | 0591—83350026 | | Fax | 0591—83350013 | 0591—83350013 | | Email | 600067@gcdt.net | 600067@gcdt.net | [Changes in Basic Information](index=5&type=section&id=%E4%B8%89%E3%80%81%E5%9F%BA%E6%9C%AC%E6%83%85%E5%86%B5%E5%8F%98%E6%9B%B4%E7%AE%80%E4%BB%8B) The company's registered address changed on December 31, 2002, and its current office address is Building C, No. 1 Guancheng Dartong Plaza, No. 5 Puxiazhou Road, Cangshan District, Fuzhou City, Fujian Province, with the company website being www.gcdt.net Company Registered and Office Address | Item | Content | | :--- | :--- | | Company Registered Address | Innovation Building, Kuaian Extension Zone, Fuzhou Economic and Technological Development Zone, Fujian Province | | Historical Changes to Company Registered Address | Changed from No. 81 Fuma Road, Fuzhou City, Fujian Province to Innovation Building, Kuaian Extension Zone, Fuzhou Economic and Technological Development Zone, Fujian Province on December 31, 2002 | | Company Office Address | Building C, No. 1 Guancheng Dartong Plaza, No. 5 Puxiazhou Road, Cangshan District, Fuzhou City, Fujian Province | | Company Office Address Postal Code | 350007 | | Company Website | www.gcdt.net | | Email | gcdt@gcdt.net | [Information Disclosure](index=5&type=section&id=%E5%9B%9B%E3%80%81%E4%BF%A1%E6%81%AF%E6%8A%AB%E9%9C%B2%E5%8F%8A%E5%A4%87%E7%BD%AE%E5%9C%B0%E7%82%B9%E5%8F%98%E6%9B%B4%E6%83%85%E5%86%B5%E7%AE%80%E4%BB%8B) The company designates "Shanghai Securities News" and "China Securities Journal" as its information disclosure newspapers, with the semi-annual report published on the Shanghai Stock Exchange website (www.sse.com.cn) and available for inspection at the company's Board of Directors Office Information Disclosure Channels | Item | Content | | :--- | :--- | | Company's Designated Information Disclosure Newspapers | "Shanghai Securities News", "China Securities Journal" | | Website Address for Semi-Annual Report Publication | www.sse.com.cn | | Location for Company's Semi-Annual Report | Company Board of Directors Office | [Company Stock Information](index=5&type=section&id=%E4%BA%94%E3%80%81%E5%85%AC%E5%8F%B8%E8%82%A1%E7%A5%A8%E7%AE%80%E5%86%B5) The company's A-shares are listed on the Shanghai Stock Exchange, with the stock abbreviation "Guancheng New Materials" and stock code 600067 Company Stock Information | Stock Type | Stock Exchange | Stock Abbreviation | Stock Code | Former Stock Abbreviation | | :--- | :--- | :--- | :--- | :--- | | A-share | Shanghai Stock Exchange | Guancheng New Materials | 600067 | G Guancheng, Guancheng Dartong | [Key Accounting Data and Financial Indicators](index=6&type=section&id=%E4%B8%83%E3%80%81%E5%85%AC%E5%8F%B8%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) In the first half of 2025, the company's operating revenue increased by 4.94% to **4.538 billion Yuan**, total profit increased by 55.12% to **107 million Yuan**, and net profit attributable to shareholders of the listed company turned from a loss in the prior year to a profit of **19.5669 million Yuan**; net cash flow from operating activities significantly improved from negative to positive, while total assets and net assets attributable to shareholders of the listed company slightly decreased Key Accounting Data for H1 2025 | Key Accounting Data | Current Reporting Period (Jan-Jun) | Prior Year Same Period | Change from Prior Year Same Period (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 4,537,994,203.89 Yuan | 4,324,396,936.77 Yuan | 4.94 | | Total Profit | 106,965,921.75 Yuan | 68,956,283.26 Yuan | 55.12 | | Net Profit Attributable to Shareholders of the Listed Company | 19,566,926.65 Yuan | -26,973,400.80 Yuan | Not Applicable | | Net Profit Attributable to Shareholders of the Listed Company After Deducting Non-recurring Gains and Losses | 13,043,678.02 Yuan | -36,172,199.56 Yuan | Not Applicable | | Net Cash Flow from Operating Activities | 94,918,397.80 Yuan | -440,352,512.15 Yuan | Not Applicable | | Net Assets Attributable to Shareholders of the Listed Company (End of Period) | 5,561,773,409.25 Yuan | 5,847,770,551.39 Yuan | -4.89 | | Total Assets (End of Period) | 17,595,073,465.82 Yuan | 18,209,215,150.14 Yuan | -3.37 | Key Financial Indicators for H1 2025 | Key Financial Indicators | Current Reporting Period (Jan-Jun) | Prior Year Same Period | Change from Prior Year Same Period (%) | | :--- | :--- | :--- | :--- | | Basic Earnings Per Share (Yuan/share) | 0.01 | -0.02 | Not Applicable | | Diluted Earnings Per Share (Yuan/share) | 0.01 | -0.02 | Not Applicable | | Basic Earnings Per Share After Deducting Non-recurring Gains and Losses (Yuan/share) | 0.01 | -0.03 | Not Applicable | | Weighted Average Return on Net Assets (%) | 0.33 | -0.41 | Increased by 0.74 percentage points | | Weighted Average Return on Net Assets After Deducting Non-recurring Gains and Losses (%) | 0.22 | -0.55 | Increased by 0.77 percentage points | [Non-recurring Gains and Losses](index=7&type=section&id=%E4%B9%9D%E3%80%81%E9%9D%9E%E7%BB%8F%E5%B8%B8%E6%80%A7%E6%8D%9F%E7%9B%8A%E9%A1%B9%E7%9B%AE%E5%92%8C%E9%87%91%E9%A2%9D) During the reporting period, the company's total non-recurring gains and losses amounted to **6.5232 million Yuan**, primarily comprising government grants recognized in current profit or loss, and fair value changes and disposal gains/losses from financial assets and liabilities Non-recurring Gains and Losses Items for H1 2025 | Non-recurring Gains and Losses Item | Amount (Yuan) | | :--- | :--- | | Gains or losses from disposal of non-current assets | -392,644.86 | | Government grants recognized in current profit or loss | 3,274,501.19 | | Gains or losses from changes in fair value of financial assets and liabilities held by non-financial enterprises, and gains or losses from disposal of financial assets and liabilities | 4,627,824.72 | | Other non-operating income and expenses | -933,027.46 | | Less: Income tax impact | 458,710.57 | | Impact on minority interests (after tax) | -405,305.61 | | Total | 6,523,248.63 | [Section III Management Discussion and Analysis](index=8&type=section&id=%E7%AC%AC%E4%B8%89%E8%8A%82%20%E7%AE%A1%E7%90%86%E5%B1%82%E8%AE%A8%E8%AE%BA%E4%B8%8E%E5%88%86%E6%9E%90) This section provides an overview of the company's industry and main businesses, an analysis of its operating performance, core competitiveness, and key financial changes, along with other significant disclosures including potential risks and future plans [Industry and Main Business Overview](index=8&type=section&id=%E4%B8%80%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%85%AC%E5%8F%B8%E6%89%80%E5%B1%9E%E8%A1%8C%E4%B8%9A%E5%8F%8A%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E6%83%85%E5%86%B5%E8%AF%B4%E6%98%8E) In the first half of 2025, the company's main businesses remained unchanged, focusing on enamelled wire production and sales, real estate development, and new energy lithium battery electrolyte additive production; the enamelled wire business benefited from increased demand for flat enamelled wire in new energy vehicles, but traditional market demand contracted, while the real estate industry remained sluggish, and the additive business faced intense competition and low prices due to capacity release - In the first half of 2025, the company's main businesses remained unchanged, primarily involving enamelled wire production and sales, real estate development, and new energy lithium battery electrolyte additive production and operation[26](index=26&type=chunk) - Enamelled wire business: Demand for flat enamelled wire in new energy vehicles significantly increased year-on-year, but insufficient domestic demand in traditional downstream markets led to a contraction in round wire market demand, and raw material copper rod prices fluctuated sharply[28](index=28&type=chunk) - Real estate related business: The overall market environment remained sluggish, with sales area decreasing by **3.5%** year-on-year and sales amount decreasing by **5.5%**; the company did not acquire new land reserves, primarily focusing on selling remaining units and subsequent development of a few projects[29](index=29&type=chunk) - Additive business: While new energy vehicle production and sales grew, the concentrated release of electrolyte and additive production capacity led to continuous price declines, resulting in a "thin profit, strong competition" market situation[30](index=30&type=chunk) [Operating Performance Analysis](index=9&type=section&id=%E4%BA%8C%E3%80%81%E7%BB%8F%E8%90%A5%E6%83%85%E5%86%B5%E7%9A%84%E8%AE%A8%E8%AE%BA%E4%B8%8E%E5%88%86%E6%9E%90) In the first half of 2025, the company achieved operating revenue of **4.538 billion Yuan**, a year-on-year increase of **4.94%**, and net profit attributable to shareholders of the listed company of **20 million Yuan**; the enamelled wire business performed strongly with double-digit growth in production, sales, and revenue, while real estate was impacted by market downturn, and the additive business suffered from low prices, leading to a negative net profit; the company plans to continue divesting real estate, expand enamelled wire capacity, and stabilize the additive business in the second half of the year Company's Overall Operating Performance for H1 2025 | Indicator | Amount (Hundred Million Yuan) | Year-on-year Growth (%) | | :--- | :--- | :--- | | Operating Revenue | 45.38 | 4.94 | | Net Profit Attributable to Shareholders of the Listed Company | 0.20 | Not Applicable (prior year same period was negative) | [Enamelled Wire Business Operating Performance](index=9&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%E7%94%B5%E7%A3%81%E7%BA%BF%E4%B8%9A%E5%8A%A1) The enamelled wire business pursued a diversified product strategy, achieving a production volume of **46,100 tons** (up **15.83%**), sales volume of **45,100 tons** (up **13.60%**), main business revenue of **3.43 billion Yuan** (up **19.14%**), and net profit of **97 million Yuan** (up **25.97%**) in the first half of the year, while successfully developing 1000V high-voltage platform enamelled flat wire for new energy vehicles and strengthening safety production and cost control Enamelled Wire Business Operating Data for H1 2025 | Indicator | Current Period Data | Year-on-year Growth (%) | | :--- | :--- | :--- | | Production Volume | 46.1 Ten Thousand Tons | 15.83 | | Sales Volume | 45.1 Ten Thousand Tons | 13.60 | | Main Business Revenue | 3.43 Hundred Million Yuan | 19.14 | | Net Profit | 0.97 Hundred Million Yuan | 25.97 | - The company successfully developed 1000V high-voltage platform enamelled flat wire and special-shaped enamelled flat wire for oil-cooled drive motors in new energy vehicles, achieving batch production for some products[33](index=33&type=chunk) - Flat wire sales volume reached **8,769.87 tons**, a year-on-year increase of **47.82%**[33](index=33&type=chunk) [Real Estate Related Business Operating Performance](index=9&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%E6%88%BF%E5%9C%B0%E4%BA%A7%E7%9B%B8%E5%85%B3%E4%B8%9A%E5%8A%A1) In the first half of the year, the real estate business saw contracted sales area decrease by **60.00%** to **13,000 square meters** and contracted sales amount decrease by **34.54%** to **199 million Yuan**; settled area increased by **34.81%** to **36,400 square meters**, main business revenue decreased by **26.14%** to **910 million Yuan**, and net profit was **37 million Yuan**, with the company's ongoing projects primarily located in Beijing and Fuzhou, actively developing property management and leasing businesses Real Estate Business Operating Data for H1 2025 | Indicator | Current Period Data | Year-on-year Decrease (%) | | :--- | :--- | :--- | | Contracted Sales Area | 1.30 Ten Thousand Square Meters | 60.00 | | Contracted Sales Amount | 1.99 Hundred Million Yuan | 34.54 | | Settled Area | 3.64 Ten Thousand Square Meters | Increased by 34.81 | | Main Business Revenue | 9.10 Hundred Million Yuan | 26.14 | | Net Profit | 0.37 Hundred Million Yuan | Not Applicable | - The company's commercial property services managed an area of **82,700 square meters**, and office building property services managed an area of **138,300 square meters**[37](index=37&type=chunk) - Total real estate rental income was **48 million Yuan**, accounting for **1.06%** of the company's operating revenue[37](index=37&type=chunk) [Additive Business Operating Performance](index=10&type=section&id=%EF%BC%88%E4%B8%89%EF%BC%89%E6%B7%BB%E5%8A%A0%E5%89%82%E4%B8%9A%E5%8A%A1) In the first half of the year, the additive business achieved a production volume of **183.33 tons**, a year-on-year increase of **98.22%**, and a sales volume of **157.89 tons**, a year-on-year increase of **30.93%**; however, due to low product prices, main business revenue decreased by **11.54%** to **14.6087 million Yuan**, resulting in a net loss of **15.3598 million Yuan** Additive Business Operating Data for H1 2025 | Indicator | Current Period Data | Year-on-year Growth (%) | | :--- | :--- | :--- | | Production Volume | 183.33 Tons | 98.22 | | Sales Volume | 157.89 Tons | 30.93 | | Main Business Revenue | 1,460.87 Ten Thousand Yuan | Decreased by 11.54 | | Net Profit | -1,535.98 Ten Thousand Yuan | Not Applicable | [Second Half Operating Plan](index=10&type=section&id=%EF%BC%88%E5%9B%9B%EF%BC%89%E4%B8%8B%E5%8D%8A%E5%B9%B4%E7%BB%8F%E8%90%A5%E8%AE%A1%E5%88%92) In the second half of the year, the company will continue to divest its real estate business, expand enamelled wire production capacity as appropriate, and stabilize electrolyte additive production and operations; the enamelled wire business will focus on R&D of high-value-added products in emerging industries, explore the application of PEEK materials in new energy vehicle drive motors, and actively explore cutting-edge fields such as robotics and artificial intelligence; the real estate business will accelerate existing project development and sales, and optimize property management and leasing businesses; the additive business will conduct in-depth market research, strengthen customer relationship management, stabilize production processes, and enhance safety and environmental protection management - In the second half of the year, the company will gradually advance the divestment of its real estate business, expand enamelled wire production capacity as appropriate, and stabilize electrolyte additive production and operations[39](index=39&type=chunk) - The enamelled wire business will focus on R&D and production of high-value-added products in emerging industries, explore the application of PEEK materials in new energy vehicle drive motors, and actively explore cutting-edge fields such as robotics and artificial intelligence[39](index=39&type=chunk) - The real estate business will accelerate the development and sales progress of existing real estate projects, quicken the pace of "de-real estate," and optimize property management and self-owned property leasing businesses[40](index=40&type=chunk) - The electrolyte additive business will identify potential opportunities through in-depth market research, actively expand the market, strengthen customer relationship management, stabilize production processes, and enhance safety and environmental protection management[40](index=40&type=chunk) [Core Competitiveness Analysis](index=10&type=section&id=%E4%B8%89%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E6%A0%B8%E5%BF%83%E7%AB%9E%E4%BA%89%E5%8A%9B%E5%88%86%E6%9E%90) The company adheres to its core values of "humanistic cohesion, harmonious win-win" and possesses a stable talent pool; in the enamelled wire business, the company has a long history, strong technical capabilities, leading product quality and technical level in China, and has established long-term stable customer relationships with many well-known domestic and international enterprises, maintaining a dominant position in the new energy vehicle flat wire market; in the additive business, the company has the necessary technical reserves for production, relies on the expert team of the Fujian Institute of Research on the Structure of Matter, Chinese Academy of Sciences for R&D, and has obtained 12 invention and utility model patents - The company adheres to its core values of "humanistic cohesion, harmonious win-win" and possesses a stable talent pool[41](index=41&type=chunk) [Enamelled Wire Business Core Competitiveness](index=10&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%E7%94%B5%E7%A3%81%E7%BA%BF%E4%B8%9A%E5%8A%A1%E6%96%B9%E9%9D%A2) The company's enamelled wire business has a long history, strong technical capabilities, and its production scale, R&D level, and brand influence are among the industry's forefront; the company has led or participated in the formulation of multiple national/industry standards, with product quality and technical level leading domestically, and has established long-term stable strategic cooperative relationships with well-known domestic and international enterprises such as United Automotive Electronic Systems, Schaeffler, BorgWarner, Leroy-Somer, Bosch, BYD, and Cummins, maintaining a dominant position in the new energy vehicle flat wire market - The company's enamelled wire business has a long history, strong technical capabilities, and its production scale, R&D level, and brand influence are among the industry's forefront[42](index=42&type=chunk) - The company has led or participated in the formulation of multiple national/industry standards, such as the national standard for "Technical Specifications for Insulation Structure of New Energy Vehicle Drive Motors"[42](index=42&type=chunk)[43](index=43&type=chunk) - The company has established long-term stable strategic cooperative relationships with well-known domestic and international enterprises including United Automotive Electronic Systems, Schaeffler, BorgWarner, Leroy-Somer, Bosch, BYD, and Cummins[43](index=43&type=chunk) - The company consistently maintains a dominant position in the new energy vehicle flat wire market, with production and sales volumes leading the industry[43](index=43&type=chunk) [Additive Business Core Competitiveness](index=11&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%E6%B7%BB%E5%8A%A0%E5%89%82%E4%B8%9A%E5%8A%A1%E6%96%B9%E9%9D%A2) The company's additive business possesses the necessary technical reserves for production, relying on the expert team of the Fujian Institute of Research on the Structure of Matter, Chinese Academy of Sciences for in-depth research and development, and its subsidiary, Fujian Shaowu Chuangxin New Materials Co., Ltd., has obtained 12 invention and utility model patents - The company possesses the necessary technical reserves for production, relying on the expert team of the Fujian Institute of Research on the Structure of Matter, Chinese Academy of Sciences for in-depth research and development[44](index=44&type=chunk) - Its subsidiary, Fujian Shaowu Chuangxin New Materials Co., Ltd., has obtained **12** invention and utility model patents[44](index=44&type=chunk) [Key Operating Performance](index=11&type=section&id=%E5%9B%9B%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E4%B8%BB%E8%A6%81%E7%BB%8F%E8%90%A5%E6%83%85%E5%86%B5) During the reporting period, the company's operating revenue increased by **4.94%**, primarily due to increased sales in the enamelled wire business and rising copper prices, partially offset by decreased real estate settlement revenue; selling, administrative, and financial expenses all decreased, while R&D expenses increased; net cash flow from operating activities turned positive, and net cash flow from investing and financing activities both improved; the asset-liability structure changed, with significant increases in construction in progress and long-term borrowings, and decreases in contract liabilities and non-current liabilities due within one year; the company's external equity investment decreased significantly, but financial assets measured at fair value increased; among major subsidiaries, enamelled wire subsidiaries saw increased net profit, while real estate subsidiaries experienced decreased net profit [Analysis of Changes in Financial Statement Items](index=11&type=section&id=1%E3%80%81%20%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8%E7%9B%B8%E5%85%B3%E7%A7%91%E7%9B%AE%E5%8F%98%E5%8A%A8%E5%88%86%E6%9E%90%E8%A1%A8) Operating revenue increased by **4.94%**, mainly influenced by increased sales in the enamelled wire business and rising copper prices, but offset by decreased real estate settlement revenue; operating costs increased due to the enamelled wire business and rising copper prices, but real estate settlement costs decreased; selling expenses and administrative expenses decreased by **12.26%** and **2.39%** respectively; financial expenses decreased by **26.95%**, mainly due to reduced interest expenses; R&D expenses increased by **10.67%**; net cash flow from operating activities turned from negative to positive, and net cash flow from investing and financing activities both improved Major Accounting Item Changes | Item | Current Period Amount (Yuan) | Prior Year Same Period Amount (Yuan) | Change Percentage (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 4,537,994,203.89 | 4,324,396,936.77 | 4.94 | | Operating Cost | 4,006,584,862.41 | 3,796,919,631.64 | 5.52 | | Selling Expenses | 42,689,285.22 | 48,652,526.52 | -12.26 | | Administrative Expenses | 125,389,614.63 | 128,454,831.63 | -2.39 | | Financial Expenses | 78,703,095.20 | 107,737,626.01 | -26.95 | | R&D Expenses | 93,506,385.27 | 84,488,965.29 | 10.67 | | Net Cash Flow from Operating Activities | 94,918,397.80 | -440,352,512.15 | Not Applicable | | Net Cash Flow from Investing Activities | -42,630,038.71 | -40,089,337.00 | Not Applicable | | Net Cash Flow from Financing Activities | -82,337,048.30 | -403,617,618.42 | Not Applicable | - The change in operating revenue was primarily influenced by the combined effect of a year-on-year increase in enamelled wire business sales, rising raw material copper prices, and a year-on-year decrease in real estate settlement revenue[46](index=46&type=chunk) - Net cash flow from operating activities turned from negative to positive, mainly due to the combined effect of sales collection growth in the enamelled wire business exceeding procurement expenditure growth, and reduced real estate project procurement expenditure[47](index=47&type=chunk) [Analysis of Assets and Liabilities](index=12&type=section&id=%28%E4%B8%89%29%20%E8%B5%84%E4%BA%A7%E3%80%81%E8%B4%9F%E5%80%BA%E6%83%85%E5%86%B5%E5%88%86%E6%9E%90) At the end of the reporting period, the company's total assets and net assets attributable to shareholders of the listed company decreased by **3.37%** and **4.89%** respectively; construction in progress increased by **63.90%** year-on-year, mainly due to investments in enamelled wire technological upgrades and the second phase of new energy electrolyte additive production line construction; contract liabilities decreased by **52.90%** year-on-year, primarily due to the recognition of real estate project prepayments as revenue; long-term borrowings increased by **62.99%** year-on-year, mainly due to new financing by subsidiaries; other payables increased by **29.09%** year-on-year, mainly due to declared but unpaid cash dividends; non-current liabilities due within one year decreased by **34.38%**; overseas assets accounted for **2.37%** of total assets Changes in Assets and Liabilities | Item Name | Current Period End Amount (Yuan) | Current Period End % of Total Assets | Prior Year End Amount (Yuan) | Prior Year End % of Total Assets | Change from Prior Year End (%) | | :--- | :--- | :--- | :--- | :--- | :--- | | Net Assets Attributable to Shareholders of the Listed Company | 5,561,773,409.25 | 31.61 | 5,847,770,551.39 | 32.11 | -4.89 | | Total Assets | 17,595,073,465.82 | 100.00 | 18,209,215,150.14 | 100.00 | -3.37 | | Construction in Progress | 36,601,797.33 | 0.21 | 22,331,515.93 | 0.12 | 63.90 | | Contract Liabilities | 550,576,698.89 | 3.13 | 1,168,834,445.69 | 6.42 | -52.90 | | Long-term Borrowings | 1,147,458,404.85 | 6.52 | 703,999,134.22 | 3.87 | 62.99 | | Other Payables | 1,431,140,742.47 | 8.13 | 1,108,658,725.19 | 6.09 | 29.09 | | Non-current Liabilities Due Within One Year | 586,152,918.04 | 3.33 | 893,271,412.86 | 4.91 | -34.38 | - Overseas assets amounted to **416.8457 million Yuan**, accounting for **2.37%** of total assets[51](index=51&type=chunk) - As of the end of the reporting period, details of the company's restricted assets and pledged/mortgaged assets are provided in "Section VIII Financial Report, VII, 31, Restricted Assets"[52](index=52&type=chunk) [Analysis of Investment Status](index=13&type=section&id=%28%E5%9B%9B%29%20%E6%8A%95%E8%B5%84%E7%8A%B6%E5%86%B5%E5%88%86%E6%9E%90) The company's external equity investment for the current period was **84,800 Yuan**, a significant decrease of **82.5657 million Yuan** compared to the prior year, mainly due to the acquisition of Dartong New Materials Co., Ltd. equity in the prior year; financial assets measured at fair value had a period-end balance of **78.7691 million Yuan**, an increase of **6.89%** from the beginning of the period, primarily including private equity funds and stock investments External Equity Investment Amount | Indicator | Current Period Amount (Ten Thousand Yuan) | Prior Year Same Period Amount (Ten Thousand Yuan) | Change Amount (Ten Thousand Yuan) | | :--- | :--- | :--- | :--- | | External Equity Investment Amount | 8.48 | 8,265.05 | -8,256.57 | Financial Assets Measured at Fair Value | Asset Category | Beginning of Period Amount (Yuan) | End of Period Amount (Yuan) | Fair Value Change Gain/Loss for Current Period (Yuan) | | :--- | :--- | :--- | :--- | | Private Equity Funds | 23,312,721.56 | 23,594,406.14 | 281,684.58 | | Stocks | 50,380,863.47 | 54,246,332.43 | 3,293,014.85 | | Other | 0 | 928,365.10 | -15,847.55 | | Total | 73,693,585.03 | 78,769,103.67 | 3,558,851.88 | - The company invested its own funds in Jinhouhai Phase 1 Stable Private Equity Investment Fund and Private Equity Fund VSTHSOA1, with period-end book values of **4,722,239.25 Yuan** and **18,872,166.89 Yuan** respectively[60](index=60&type=chunk) [Analysis of Major Holding and Associate Companies](index=16&type=section&id=%28%E5%85%AD%29%20%E4%B8%BB%E8%A6%81%E6%8E%A7%E8%82%A1%E5%8F%82%E8%82%A1%E5%85%AC%E5%8F%B8%E5%88%86%E6%9E%90) During the reporting period, the net profit of enamelled wire subsidiary Dartong (Fujian) New Materials Co., Ltd. increased to **97.3536 million Yuan**; real estate subsidiary Beijing Haidian Science Park Construction Co., Ltd. had operating revenue of **888.7104 million Yuan** and net profit of **92.1105 million Yuan**, but Nanjing Wansheng Real Estate Co., Ltd. had a negative net profit; Fujian Shaowu Chuangxin New Materials Co., Ltd. had a net loss of **15.3598 million Yuan**; Suzhou Guancheng Hongye Real Estate Co., Ltd. completed liquidation and deregistration in March 2025 Major Holding and Associate Companies Financial Data (H1 2025) | Company Name | Company Type | Main Business | Registered Capital (Ten Thousand Yuan) | Operating Revenue (Ten Thousand Yuan) | Net Profit (Ten Thousand Yuan) | | :--- | :--- | :--- | :--- | :--- | :--- | | Beijing Haidian Science Park Construction Co., Ltd. | Subsidiary | Real estate development and sales | 60,000.00 | 88,871.04 | 9,211.05 | | Nanjing Wansheng Real Estate Co., Ltd. | Subsidiary | Real estate development and sales | 30,000.00 | 5,242.36 | -2,639.16 | | Dartong (Fujian) New Materials Co., Ltd. | Subsidiary | Enamelled wire production and sales | 50,840.00 | 353,681.25 | 9,735.36 | | Fujian Shaowu Chuangxin New Materials Co., Ltd. | Subsidiary | R&D and production of new energy lithium battery electrolyte additives | 14,500.00 | 1,474.34 | -1,535.98 | | Ningde Jinshetong Real Estate Development Co., Ltd. | Associate Company | Real estate development and sales | 75,000.00 | 158.72 | 5,253.31 | - Suzhou Guancheng Hongye Real Estate Co., Ltd. completed liquidation and deregistration in March 2025, with no significant impact on overall production, operations, and performance[64](index=64&type=chunk) [Other Disclosures](index=18&type=section&id=%E4%BA%94%E3%80%81%E5%85%B6%E4%BB%96%E6%8A%AB%E9%9C%B2%E4%BA%8B%E9%A1%B9) The company faces risks including market competition in enamelled wire, raw material price fluctuations, a downturn in the real estate market, and intense competition in the additive business; to mitigate these risks, the company plans to expand production scale, adjust product structure, strengthen cost control, and gradually divest its real estate business; the company released a "Valuation Enhancement Plan" focusing on main business development, implementing cash dividends, and strengthening information disclosure and investor communication, which led to a significant increase in the company's market value in the first half of the year [Potential Risks and Countermeasures](index=18&type=section&id=%28%E4%B8%80%29%20%E5%8F%AF%E8%83%BD%E9%9D%A2%E5%AF%B9%E7%9A%84%E9%A3%8E%E9%99%A9) The company faces risks such as intensified market competition in the enamelled wire business, fluctuations in raw material copper prices, long development cycles and a sluggish market in real estate projects, and fierce competition in the additive business; the company will address these risks by expanding production scale, adjusting product structure, strengthening cost control, improving quality supervision, accelerating real estate business divestment, enhancing technological R&D, and optimizing production processes - The enamelled wire business faces risks of intensified market competition and fluctuations in raw material copper prices; the company will address these through expanding production scale, adjusting product structure, and strengthening cost control[65](index=65&type=chunk) - The real estate business faces risks of long development cycles, market downturns, and sales difficulties; the company will strengthen construction management, accelerate project sales and cash recovery, and gradually advance real estate business divestment[66](index=66&type=chunk) - The additive business faces challenges from fierce market competition, technological innovation, and safety and environmental protection management; the company will strengthen technological R&D, optimize production processes, expand customer base, and reinforce safety and environmental protection management[67](index=67&type=chunk) [Other Disclosures](index=18&type=section&id=%28%E4%BA%8C%29%20%E5%85%B6%E4%BB%96%E6%8A%AB%E9%9C%B2%E4%BA%8B%E9%A1%B9) In April 2025, the company released and actively promoted its "Citychamp Dartong Advanced Materials Co., Ltd. Valuation Enhancement Plan"; in the first half of the year, enamelled wire sales reached **45,100 tons**, a year-on-year increase of **13.60%**; the 2024 annual profit distribution plan, which involved a cash dividend of **2.20 Yuan** (including tax) per 10 shares to all shareholders, has been completed; the company also strengthened information disclosure and investor communication through various channels such as SSE e-interaction and performance briefings, resulting in a significant increase in market value in the first half of the year - In April 2025, the company released and actively promoted the "Citychamp Dartong Advanced Materials Co., Ltd. Valuation Enhancement Plan"[68](index=68&type=chunk) - In the first half of the year, enamelled wire sales reached **45,100 tons**, a year-on-year increase of **13.60%**[69](index=69&type=chunk) - The 2024 annual profit distribution plan, which involved a cash dividend of **2.20 Yuan** (including tax) per 10 shares to all shareholders, has been completed[69](index=69&type=chunk) - The company communicated its value to investors through various channels such as SSE e-interaction and performance briefings, resulting in a significant increase in market value in the first half of the year[69](index=69&type=chunk) [Section IV Corporate Governance, Environment and Society](index=20&type=section&id=%E7%AC%AC%E5%9B%9B%E8%8A%82%20%E5%85%AC%E5%8F%B8%E6%B2%BB%E7%90%86%E3%80%81%E7%8E%AF%E5%A2%83%E5%92%8C%E7%A4%BE%E4%BC%9A) This section covers changes in the company's directors, supervisors, and senior management, profit distribution plans, employee incentive measures, environmental information disclosure, and the fulfillment of social responsibilities [Changes in Directors, Supervisors, and Senior Management](index=20&type=section&id=%E4%B8%80%E3%80%81%E5%85%AC%E5%8F%B8%E8%91%A3%E4%BA%8B%E3%80%81%E7%9B%91%E4%BA%8B%E3%80%81%E9%AB%98%E7%BA%A7%E7%AE%A1%E7%90%86%E4%BA%BA%E5%91%98%E5%8F%98%E5%8A%A8%E6%83%85%E5%86%B5) During the reporting period, there were no changes in the company's directors, supervisors, or senior management - During the reporting period, the changes in the company's directors, supervisors, and senior management were "Not Applicable"[71](index=71&type=chunk) [Semi-Annual Profit Distribution Plan](index=20&type=section&id=%E4%BA%8C%E3%80%81%E5%88%A9%E6%B6%A6%E5%88%86%E9%85%8D%E6%88%96%E8%B5%84%E6%9C%AC%E5%85%AC%E7%A7%AF%E9%87%91%E8%BD%AC%E5%A2%9E%E9%A2%84%E6%A1%88) The company's proposed semi-annual profit distribution plan or capital reserve capitalization plan is "No," indicating no distribution or capitalization will occur Semi-Annual Profit Distribution Plan | Whether to Distribute or Capitalize | No | | :--- | :--- | | Number of Bonus Shares per 10 Shares (shares) | - | | Dividend per 10 Shares (Yuan) (incl. tax) | - | | Number of Shares Capitalized from Capital Reserve per 10 Shares (shares) | - | [Employee Incentive Measures](index=20&type=section&id=%E4%B8%89%E3%80%81%E5%85%AC%E5%8F%B8%E8%82%A1%E6%9D%83%E6%BF%80%E5%8A%B1%E8%AE%A1%E5%88%92%E3%80%81%E5%91%98%E5%B7%A5%E6%8C%81%E8%82%A1%E8%AE%A1%E5%88%92%E6%88%96%E5%85%B6%E4%BB%96%E5%91%98%E5%B7%A5%E6%BF%80%E5%8A%B1%E6%8E%AA%E6%96%BD%E7%9A%84%E6%83%85%E5%86%B5%E5%8F%8A%E5%85%B6%E5%BD%B1%E5%93%8D) The company's first phase employee stock ownership plan was fully sold and terminated on July 30, 2025; additionally, controlling shareholder Fujian Fengrong Investment Co., Ltd. gratuitously donated **200 million Yuan** to the company in 2019 to reward employees who made outstanding contributions to the company's development, with plans to establish the "Guancheng Centennial Fund" as initial capital - The company's first phase employee stock ownership plan's shares were fully sold through centralized bidding transactions, and the first phase employee stock ownership plan has been terminated[72](index=72&type=chunk) - Controlling shareholder Fujian Fengrong Investment Co., Ltd. gratuitously donated **200 million Yuan** to the company to reward employees who made outstanding contributions to the company's development, with plans to establish the "Guancheng Centennial Fund"[72](index=72&type=chunk) [Environmental Information Disclosure](index=21&type=section&id=%E5%9B%9B%E3%80%81%E7%BA%B3%E5%85%A5%E7%8E%AF%E5%A2%83%E4%BF%A1%E6%81%AF%E4%BE%9D%E6%B3%95%E6%8A%AB%E9%9C%B2%E4%BC%81%E4%B8%9A%E5%90%8D%E5%8D%95%E7%9A%84%E4%B8%8A%E5%B8%82%E5%85%AC%E5%8F%B8%E5%8F%8A%E5%85%B6%E4%B8%BB%E8%A6%81%E5%AD%90%E5%85%AC%E5%8F%B8%E7%9A%84%E7%8E%AF%E5%A2%83%E4%BF%A1%E6%81%AF%E6%83%85%E5%86%B5) The company has two major subsidiaries, Dartong (Fujian) New Materials Co., Ltd. and Fujian Shaowu Chuangxin New Materials Co., Ltd., included in the list of enterprises required to disclose environmental information by law, and their environmental information disclosure reports can be found on the Enterprise Environmental Information Disclosure System Subsidiaries Included in the List of Enterprises Required to Disclose Environmental Information by Law | No. | Enterprise Name | Query Index for Environmental Information Disclosure Report | | :--- | :--- | :--- | | 1 | Dartong (Fujian) New Materials Co., Ltd. | http://220.160.52.213:10053/idp-province | | 2 | Fujian Shaowu Chuangxin New Materials Co., Ltd. | http://220.160.52.213:10053/idp-province | [Fulfillment of Social Responsibilities](index=21&type=section&id=%E4%BA%94%E3%80%81%E5%B7%A9%E5%9B%BA%E6%8B%93%E5%B1%95%E8%84%B1%E8%B4%AB%E6%94%BB%E5%9D%9A%E6%88%90%E6%9E%9C%E3%80%81%E4%B9%A1%E6%9D%91%E6%8C%AF%E5%85%B4%E7%AD%89%E5%B7%A5%E4%BD%9C%E5%85%B7%E4%BD%93%E6%83%85%E5%86%B5) During the reporting period, the company continued to advocate and practice the "Micro Love Guancai" public welfare concept, leveraging its diversified business advantages to unite various forces in project locations, provide in-depth assistance to impoverished villages, and carry out慰问帮扶 (comfort and assistance) activities, actively fulfilling its social responsibilities and contributing to consolidating poverty alleviation achievements and rural revitalization - During the reporting period, the company continued to advocate and practice the "Micro Love Guancai" public welfare concept, actively uniting forces such as provincial and municipal federations of industry and commerce and enterprise chambers of commerce in project locations to provide in-depth assistance to impoverished villages and carry out various activities including comfort and assistance[74](index=74&type=chunk) - The company actively assumed its due social responsibilities, contributing to consolidating poverty alleviation achievements and rural revitalization[74](index=74&type=chunk) [Section V Important Matters](index=22&type=section&id=%E7%AC%AC%E4%BA%94%E8%8A%82%20%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9) This section details major litigation and arbitration matters, violations and penalties, the integrity status of the controlling shareholder, significant related party transactions, the performance of major contracts, and other important matters [Major Litigation and Arbitration Matters](index=22&type=section&id=%E4%B8%83%E3%80%81%E9%87%8D%E5%A4%A7%E8%AF%89%E8%AE%BC%E3%80%81%E4%BB%B2%E8%A3%81%E4%BA%8B%E9%A1%B9) In the land use rights transfer contract dispute between the company's subsidiary Fujian Guancheng Yuantai Creative Park Construction and Development Co., Ltd. and Yongtai County Natural Resources and Planning Bureau, the second instance judgment ordered the termination of the contract and the refund of approximately **94.8 million Yuan** by the Yongtai County Natural Resources and Planning Bureau, with execution currently under negotiation; additionally, the company's subsidiary Fujian Guancheng Ruimin New Energy Technology Co., Ltd. sued Suzhou Xingruihe Electrical Co., Ltd. and its guarantors for outstanding payments and liquidated damages, with the final judgment ruling in favor of Guancheng Ruimin, and **2.8278 million Yuan** in execution funds have been recovered, with the court continuing enforcement - In the land use rights transfer contract dispute between Fujian Guancheng Yuantai Creative Park Construction and Development Co., Ltd. and Yongtai County Natural Resources and Planning Bureau, the second instance judgment ordered the termination of the contract and the refund of approximately **94.8 million Yuan**, with execution currently under negotiation[76](index=76&type=chunk) - In the lawsuit filed by Fujian Guancheng Ruimin New Energy Technology Co., Ltd. against Suzhou Xingruihe Electrical Co., Ltd. for outstanding payments, the final judgment ruled in favor of Guancheng Ruimin, and **2.8278 million Yuan** in execution funds have been recovered, with the court continuing enforcement[79](index=79&type=chunk) [Violations, Penalties, and Rectification](index=24&type=section&id=%E5%85%AB%E3%80%81%E4%B8%8A%E5%B8%82%E5%85%AC%E5%8F%B8%E5%8F%8A%E5%85%B6%E8%91%A3%E4%BA%8B%E3%80%81%E7%9B%91%E4%BA%8B%E3%80%81%E9%AB%98%E7%BA%A7%E7%AE%A1%E7%90%86%E4%BA%BA%E5%91%98%E3%80%81%E6%8E%A7%E8%82%A1%E8%82%A1%E4%B8%9C%E3%80%81%E5%AE%9E%E9%99%85%E6%8E%A7%E5%88%B6%E4%BA%BA%E6%B6%89%E5%AB%8C%E8%BF%9D%E6%B3%95%E8%BF%9D%E8%A7%84%E3%80%81%E5%8F%97%E5%88%B0%E5%A4%84%E7%BD%9A%E5%8F%8A%E6%95%B4%E6%94%B9%E6%83%85%E5%86%B5) Ms. Xue Lixi, one of the company's actual controllers, received an "Administrative Penalty Decision" from the Jiangxi Regulatory Bureau of the China Securities Regulatory Commission and a "Disciplinary Action Decision" from the Shanghai Stock Exchange in June 2025 for advising others to buy and sell company shares and engaging in short-swing trading of company shares in February 2024, violating the "Securities Law," with the penalties now fully executed - Ms. Xue Lixi, one of the company's actual controllers, received administrative penalties and disciplinary actions from the Jiangxi Regulatory Bureau of the China Securities Regulatory Commission and the Shanghai Stock Exchange in June 2025 for advising others to buy and sell company shares and engaging in short-swing trading of company shares, with the penalties now fully executed[81](index=81&type=chunk) [Integrity Status of Controlling Shareholder](index=24&type=section&id=%E4%B9%9D%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%85%AC%E5%8F%B8%E5%8F%8A%E5%85%B6%E6%8E%A7%E8%82%A1%E8%82%A1%E4%B8%9C%E3%80%81%E5%AE%9E%E9%99%85%E6%8E%A7%E5%88%B6%E4%BA%BA%E8%AF%9A%E4%BF%A1%E7%8A%B6%E5%86%B5%E7%9A%84%E8%AF%B4%E6%98%8E) The company's controlling shareholder, Fujian Fengrong Investment Co., Ltd., was ruled to bear joint liability in an equity dispute case involving its associate company, Fujian Shenhua Times Digital Animation Co., Ltd., which includes refunding capital contributions and paying interest, legal fees, and arbitration fees; as of now, the case is still under execution, and **16,896,508** shares of the company held by Fengrong Investment have been frozen - The company's controlling shareholder, Fujian Fengrong Investment Co., Ltd., was ruled to bear joint liability in an equity dispute case involving an associate company, with the case still under execution[82](index=82&type=chunk) - **16,896,508** shares of the company held by Fengrong Investment have been frozen[82](index=82&type=chunk) [Major Related Party Transactions](index=24&type=section&id=%E5%8D%81%E3%80%81%E9%87%8D%E5%A4%A7%E5%85%B3%E8%81%94%E4%BA%A4%E6%98%93) The company expects to incur **2.7858 million Yuan** in daily related party transactions in 2025, with **2.5102 million Yuan** in contracted amounts as of the end of the reporting period; the company plans to transfer real estate development related assets and liabilities to the controlling shareholder or its designated related company, which has been reclassified as a general related party transaction and is still being advanced; subsidiary Fujian Shaowu Chuangxin New Materials Co., Ltd. applied for and received a loan of **18 million Yuan** from related party micro-loan companies - The company expects to incur **2.7858 million Yuan** in daily related party transactions in 2025, with **2.5102 million Yuan** in contracted amounts as of the end of the reporting period[83](index=83&type=chunk) - The company plans to transfer real estate development related assets and liabilities to the controlling shareholder or its designated related company; this matter has terminated the major asset restructuring process and has been reclassified as a general related party transaction, continuing to be advanced[85](index=85&type=chunk) - Fujian Shaowu Chuangxin New Materials Co., Ltd. applied for and received a total loan of **18 million Yuan** from related parties Fujian Wuyishan Huaxing Micro-loan Co., Ltd. and Fujian Zhangzhou Changtai District Huaxing Micro-loan Co., Ltd[87](index=87&type=chunk) [Performance of Major Contracts](index=26&type=section&id=%E5%8D%81%E4%B8%80%E3%80%81%E9%87%8D%E5%A4%A7%E5%90%88%E5%90%8C%E5%8F%8A%E5%85%B6%E5%B1%A5%E8%A1%8C%E6%83%85%E5%86%B5) During the reporting period, the company's total guarantee amount for subsidiaries was **1.967 billion Yuan**, with an outstanding guarantee balance of **1.496 billion Yuan** at period-end, accounting for **26.90%** of the company's net assets; among these, the outstanding debt guarantee for subsidiaries with an asset-liability ratio exceeding **70%** was **546 million Yuan**; in July 2025, the company signed the "Haidian District Xibeiwang Xincun D1 Plot Liquidation Compensation Agreement" with Beijing Haikai Urban Renewal Construction and Development Co., Ltd. and others, completing the land transfer and receiving **1.40 billion Yuan** in liquidation compensation fees Company's Total Guarantee Situation | Indicator | Amount (Yuan) | | :--- | :--- | | Total Guarantee Amount for Subsidiaries During Reporting Period | 1,966,817,799.64 | | Total Outstanding Guarantee Balance for Subsidiaries at Period-End (B) | 1,496,225,199.64 | | Total Guarantee Amount (A+B) | 1,496,225,199.64 | | Total Guarantee Amount as % of Company's Net Assets | 26.90 | | Debt Guarantee Amount Provided Directly or Indirectly for Guaranteed Parties with Asset-Liability Ratio Exceeding 70% (D) | 545,717,400.00 | - The company cancelled previously approved but unused guarantee limits totaling **1.1 billion Yuan** during the reporting period[92](index=92&type=chunk) - The company has completed the transfer procedures for the Haidian District Xibeiwang Xincun D1 plot and has received **1.40 billion Yuan** in liquidation compensation fees[93](index=93&type=chunk) [Other Significant Matters](index=27&type=section&id=%E5%8D%81%E4%B8%89%E3%80%81%E5%85%B6%E4%BB%96%E9%87%8D%E5%A4%A7%E4%BA%8B%E9%A1%B9%E7%9A%84%E8%AF%B4%E6%98%8E) The company plans to transfer real estate development related assets and liabilities, involving equity in **12** companies, to the controlling shareholder or its designated related company, with this related party transaction currently being advanced; in July 2024, the company signed a share transfer framework agreement with Xiandeng Gaoke Electrical Co., Ltd. to acquire **55%** of its shares, but a formal agreement has not yet been signed as of the report disclosure date - The company plans to transfer real estate development related assets and liabilities, involving equity in **12** companies, to the controlling shareholder or its designated related company, with this related party transaction currently being advanced[94](index=94&type=chunk) - In July 2024, the company signed a share transfer framework agreement with Xiandeng Gaoke Electrical Co., Ltd. to acquire **55%** of its shares, but a formal share transfer agreement has not yet been signed as of the report disclosure date[95](index=95&type=chunk) [Section VI Changes in Shares and Shareholder Information](index=28&type=section&id=%E7%AC%AC%E5%85%AD%E8%8A%82%20%E8%82%A1%E4%BB%BD%E5%8F%98%E5%8A%A8%E5%8F%8A%E8%82%A1%E4%B8%9C%E6%83%85%E5%86%B5) This section details changes in the company's share capital, shareholder information, and shareholding changes of directors, supervisors, and senior management [Changes in Share Capital](index=28&type=section&id=%E4%B8%80%E3%80%81%E8%82%A1%E6%9C%AC%E5%8F%98%E5%8A%A8%E6%83%85%E5%86%B5) During the reporting period, there were no changes in the company's total share capital or share structure - During the reporting period, there were no changes in the company's total share capital or share structure[97](index=97&type=chunk) [Shareholder Information](index=28&type=section&id=%E4%BA%8C%E3%80%81%E8%82%A1%E4%B8%9C%E6%83%85%E5%86%B5) As of the end of the reporting period, the company had **44,071** common shareholders; among the top ten shareholders, Fujian Fengrong Investment Co., Ltd. held **36.40%** of the shares, making it the largest shareholder, with some of its shares pledged and frozen; the company's buyback special securities account held **2.03%** of the shares; STARLEX LIMITED held **0.66%** of the shares, with all its shares pledged Total Number of Common Shareholders at Period-End | Indicator | Quantity | | :--- | :--- | | Total Number of Common Shareholders at Period-End (households) | 44,071 | Top Ten Shareholders' Shareholdings (as of Period-End) | Shareholder Name | Number of Shares Held at Period-End | Percentage (%) | Pledged, Marked, or Frozen Status (Number) | | :--- | :--- | :--- | :--- | | Fujian Fengrong Investment Co., Ltd. | 506,567,998 | 36.40 | Pledged 252,921,312, Frozen 16,896,508 | | Citychamp Dartong Advanced Materials Co., Ltd. Buyback Special Securities Account | 28,233,300 | 2.03 | None | | Chen Guanming | 9,503,835 | 0.68 | None | | STARLEX LIMITED | 9,154,370 | 0.66 | Pledged 9,154,370 | | Meng Qingxiang | 8,000,000 | 0.57 | None | | MORGAN STANLEY & CO. INTERNATIONAL PLC. | 7,874,336 | 0.57 | None | | Wang Meng | 7,540,000 | 0.54 | None | | Goldman Sachs & Co. LLC | 7,395,497 | 0.53 | None | | Luo Jianguo | 7,188,400 | 0.52 | None | | Ji Tongyao | 6,894,200 | 0.50 | None | - Fujian Fengrong Investment Co., Ltd. and STARLEX LIMITED are parties acting in concert[101](index=101&type=chunk) [Changes in Shareholdings of Directors, Supervisors, and Senior Management](index=30&type=section&id=%E4%B8%89%E3%80%81%E8%91%A3%E4%BA%8B%E3%80%81%E7%9B%91%E4%BA%8B%E5%92%8C%E9%AB%98%E7%BA%A7%E7%AE%A1%E7%90%86%E4%BA%BA%E5%91%98%E6%83%85%E5%86%B5) During the reporting period, there were no changes in the shareholdings of the company's directors, supervisors, and senior management, nor were they granted any equity incentives - The changes in shareholdings of current and former directors, supervisors, and senior management during the reporting period were "Not Applicable"[104](index=104&type=chunk) - The equity incentives granted to directors, supervisors, and senior management during the reporting period were "Not Applicable"[104](index=104&type=chunk) [Section VII Bond-Related Information](index=31&type=section&id=%E7%AC%AC%E4%B8%83%E8%8A%82%20%E5%80%BA%E5%88%B8%E7%9B%B8%E5%85%B3%E6%83%85%E5%86%B5) This section confirms that the company had no corporate bonds (including enterprise bonds) or non-financial enterprise debt financing instruments, nor any convertible corporate bonds during the reporting period [Corporate Bonds](index=31&type=section&id=%E4%B8%80%E3%80%81%E5%85%AC%E5%8F%B8%E5%80%BA%E5%88%B8%EF%BC%88%E5%90%AB%E4%BC%81%E4%B8%9A%E5%80%BA%E5%88%B8%EF%BC%89%E5%92%8C%E9%9D%9E%E9%87%91%E8%9E%8D%E4%BC%81%E4%B8%9A%E5%80%BA%E5%8A%A1%E8%9E%8D%E8%B5%84%E5%B7%A5%E5%85%B7) During the reporting period, the company had no corporate bonds (including enterprise bonds) or non-financial enterprise debt financing instruments - Corporate bonds (including enterprise bonds) and non-financial enterprise debt financing instruments were "Not Applicable"[106](index=106&type=chunk) [Convertible Corporate Bonds](index=31&type=section&id=%E4%BA%8C%E3%80%81%E5%8F%AF%E8%BD%AC%E6%8D%A2%E5%85%AC%E5%8F%B8%E5%80%BA%E5%88%B8%E6%83%85%E5%86%B5) During the reporting period, the company had no convertible corporate bonds - Convertible corporate bonds were "Not Applicable"[106](index=106&type=chunk) [Section VIII Financial Report](index=32&type=section&id=%E7%AC%AC%E5%85%AB%E8%8A%82%20%E8%B4%A2%E5%8A%A1%E6%8A%A5%E5%91%8A) This section presents the company's semi-annual consolidated and parent company financial statements, including balance sheets, income statements, cash flow statements, and statements of changes in owners' equity, along with notes on company profile, basis of preparation, significant accounting policies, taxation, and other key financial items [Financial Statements](index=32&type=section&id=%E4%BA%8C%E3%80%81%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) This section provides the company's consolidated and parent company balance sheets, income statements, cash flow statements, and statements of changes in owners' equity for the first half of 2025, comprehensively presenting the company's financial position, operating results, and cash flow situation [Consolidated Balance Sheet](index=32&type=section&id=%E5%90%88%E5%B9%B6%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8) As of June 30, 2025, the company's consolidated total assets were **17.595 billion Yuan**, a **3.37%** decrease from the end of 2024; total current assets were **12.351 billion Yuan**, total non-current assets were **5.244 billion Yuan**; total liabilities were **10.766 billion Yuan**, and total owners' equity was **6.829 billion Yuan**, including inventory of **8.548 billion Yuan**, contract liabilities of **551 million Yuan**, and long-term borrowings of **1.147 billion Yuan** Consolidated Balance Sheet Key Data (as of June 30, 2025) | Item | End of Period Balance (Yuan) | Beginning of Period Balance (Yuan) | | :--- | :--- | :--- | | Total Assets | 17,595,073,465.82 | 18,209,215,150.14 | | Total Current Assets | 12,351,229,997.48 | 12,938,371,243.60 | | Total Non-current Assets | 5,243,843,468.34 | 5,270,843,906.54 | | Total Liabilities | 10,766,217,658.84 | 11,095,515,050.46 | | Total Owners' Equity | 6,828,855,806.98 | 7,113,700,099.68 | | Inventory | 8,547,632,344.60 | 8,989,076,153.89 | | Contract Liabilities | 550,576,698.89 | 1,168,834,445.69 | | Long-term Borrowings | 1,147,458,404.85 | 703,999,134.22 | [Consolidated Income Statement](index=36&type=section&id=%E5%90%88%E5%B9%B6%E5%88%A9%E6%B6%A6%E8%A1%A8) From January to June 2025, the company achieved total operating revenue of **4.538 billion Yuan**, a year-on-year increase of **4.94%**; operating profit was **108 million Yuan**, total profit was **107 million Yuan**, net profit was **40.1672 million Yuan**, and net profit attributable to parent company shareholders was **19.5669 million Yuan**, achieving a turnaround from loss to profit; earnings per share were **0.01 Yuan/share** Consolidated Income Statement Key Data (Jan-Jun 2025) | Item | H1 2025 (Yuan) | H1 2024 (Yuan) | | :--- | :--- | :--- | | Total Operating Revenue | 4,537,994,203.89 | 4,324,396,936.77 | | Operating Profit | 107,938,662.88 | 67,969,764.15 | | Total Profit | 106,965,921.75 | 68,956,283.26 | | Net Profit | 40,167,174.28 | 8,198,230.25 | | Net Profit Attributable to Parent Company Shareholders | 19,566,926.65 | -26,973,400.80 | | Basic Earnings Per Share (Yuan/share) | 0.01 | -0.02 | [Consolidated Cash Flow Statement](index=40&type=section&id=%E5%90%88%E5%B9%B6%E7%8E%B0%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8) From January to June 2025, the company's net cash flow from operating activities was **94.9184 million Yuan**, a significant improvement from **-440 million Yuan** in the prior year; net cash flow from investing activities was **-42.6300 million Yuan**, and net cash flow from financing activities was **-8.2337 million Yuan**; the period-end balance of cash and cash equivalents was **559 million Yuan** Consolidated Cash Flow Statement Key Data (Jan-Jun 2025) | Item | H1 2025 (Yuan) | H1 2024 (Yuan) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 94,918,397.80 | -440,352,512.15 | | Net Cash Flow from Investing Activities | -42,630,038.71 | -40,089,337.00 | | Net Cash Flow from Financing Activities | -82,337,048.30 | -403,617,618.42 | | End of Period Cash and Cash Equivalents Balance | 558,535,572.84 | 550,383,482.81 | [Company Profile](index=53&type=section&id=%E4%B8%89%E3%80%81%E5%85%AC%E5%8F%B8%E5%9F%BA%E6%9C%AC%E6%83%85%E5%86%B5) Citychamp Dartong Advanced Materials Co., Ltd., founded in 1986 and listed in 1997, had a total share capital of **1,391,668,739** shares as of June 30, 2025; its main business activities include enamelled wire production and sales, and commercial housing development and sales; these financial statements were approved for issuance by the company's Board of Directors on August 27, 2025 - The company's total share capital is **1,391,668,739** shares, of which A-shares in circulation are **1,363,435,439** shares, and repurchased treasury shares are **28,233,300** shares[

山东金帝精密机械科技股份有限公司2025 年半年度报告 公司代码：603270 公司简称：金帝股份 山东金帝精密机械科技股份有限公司 2025 年半年度报告 1 / 213 山东金帝精密机械科技股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会、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性、准确 性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人郑广会、主管会计工作负责人薛泰尧及会计机构负责人（会计主管人员）张丹 丹声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 公司2025年半年度利润分配方案为：拟以实施权益分派股权登记日登记的总股本为基数，向 全体股东每股派发现金红利0.05元（含税），不送红股，也不以公积金转增股本。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告所涉及的公司未来计划、发展战略等前瞻性陈述，不构成公司对投资者的实质承诺， 敬请投资者注意投资风险。 七、 是否存在被控股股东及其他 ...

浙江润阳新材料科技股份有限公司 2025 年半年度报告全文 浙江润阳新材料科技股份有限公司 2025 年半年度报告 【2025 年 8 月】 1 浙江润阳新材料科技股份有限公司 2025 年半年度报告全文 | . | DK | | --- | --- | | 1 | | | 第二节 | 公司简介和主要财务指标 | 7 | | --- | --- | --- | | 第三节 | 管理层讨论与分析 | 10 | | 第四节 | 公司治理、环境和社会 25 | | | 第五节 | 重要事项 28 | | | 第六节 | 股份变动及股东情况 | 35 | | 第七节 | 债券相关情况 | 41 | | 第八节 | 财务报告 42 | | 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。 公司负责人王光海、主管会计工作负责人刘志勇及会计机构负责人（会 计主管人员）刘志勇声明：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。 本半年度报告中 ...

银邦金属复合材料股份有限公司 2025 年半年度报告全文 | | | 银邦金属复合材料股份有限公司 2025 年半年度报告 【2025 年 8 月】 1 银邦金属复合材料股份有限公司 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。 公司负责人沈健生、主管会计工作负责人李如亮及会计机构负责人(会计 主管人员)李俊声明：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。 公司在经营中可能存在的风险因素内容已在本报告"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"部分予以描述，敬请投资者 注意并仔细阅读该章节全部内容。 不适用 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 | 目录 | | --- | | 第一节 重要提示、目录和释义 | 2 | | --- | --- | | 第二节 公司简介和主要财务指标 | 6 | | 第三节 管理层讨论与分析 | 9 | | 第四节 公司 ...

上海保隆汽车科技股份有限公司2025 年半年度报告 公司代码：603197 公司简称：保隆科技 债券代码：113692 债券简称：保隆转债 上海保隆汽车科技股份有限公司 2025 年半年度报告 1 / 161 上海保隆汽车科技股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会、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性、准确 性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人张祖秋、主管会计工作负责人文剑峰及会计机构负责人（会计主管人员）夏玉 茹声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 截至 2025 年 6 月 30 日，公司母公司报表中期末未分配利润为人民币 113,279,428.28 元，以 上数据未经审计。基于股东利益、公司发展等综合因素考虑，公司 2025 年半年度以实施权益分派 股权登记日登记的总股本（扣除公司回购专用证券账户中的股份）为基数分配利润，本次利润分 配方案如下： 截至目 ...

上海阿莱德实业集团股份有限公司 2025 年半年度报告全文 上海阿莱德实业集团股份有限公司 2025 年半年度报告 2025-025 2025 年 8 月 1 上海阿莱德实业集团股份有限公司 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。 公司负责人张耀华、主管会计工作负责人温国山及会计机构负责人(会计 主管人员)傅远萍声明：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。 本报告中如有涉及未来的计划、业绩预测等方面的内容，均不构成本公司 对任何投资者及相关人士的承诺，投资者及相关人士均应对此保持足够的风 险认识，并且应当理解计划、预测与承诺之间的差异。 请投资者注意阅读公司在本报告"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"部分，该部分详细描述了公司经营中可能存在 的风险，敬请投资者注意相关内容。 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 | | 1 | | - ...

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青岛盘古智能制造股份有限公司 2025 年半年度报告 公告编号：2025-037 2025 年 8 月 青岛盘古智能制造股份有限公司 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。 公司负责人邵安仓、主管会计工作负责人路伟及会计机构负责人(会计主管人员)路伟 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。 本半年度报告中涉及未来计划或规划等前瞻性陈述的，均不构成公司对投资者的实质 承诺，投资者及相关人士均应对此保持足够的风险认识，并且应当理解计划、预测与承诺 之间的差异。敬请投资者注意投资风险。 公司已在本报告中详细阐述可能存在的风险及应对措施，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"部分，敬请广大投资者仔细阅读并注 意投资风险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 1 | 第一节 重要提示、目录和释义 1 | | --- | | 第二节 公 ...

久盛电气股份有限公司 2025 年半年度报告全文 证券代码：301082 证券简称：久盛电气 公告编号：2025-036 久盛电气股份有限公司 2025 年半年度报告 2025 年 8 月 1 久盛电气股份有限公司 2025 年半年度报告全文 公司董事会及董事、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。 公司负责人张建华、主管会计工作负责人许章斌及会计机构负责人(会计 主管人员)许章斌声明：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。 公司半年度报告如有涉及未来计划等前瞻性陈述，不构成公司对投资者 的实质承诺，投资者及相关人士均应对此保持足够的风险认识，并且应当理 解计划、预测与承诺之间的差异。 公司在经营管理中可能面临的风险和应对措施已在本报告中第三节"管 理层讨论与分析"之"十、公司面临的风险和应对措施"部分予以描述。敬 请广大投资者关注，并注意投资风险。 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 第一节 重要提示、目录和释义 | 第二节 | 公司简介和主要财 ...