[Maxio Technology (Hangzhou) Co., Ltd. 2025 Semi-Annual Performance Forecast](index=1&type=section&id=%E8%81%94%E8%8A%B8%E7%A7%91%E6%8A%80%EF%BC%88%E6%9D%AD%E5%B7%9E%EF%BC%89%E8%82%A1%E4%BB%BD%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B82025%E5%B9%B4%E5%8D%8A%E5%B9%B4%E5%BA%A6%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A) [Current Period Performance Forecast](index=1&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E6%83%85%E5%86%B5) The company projects substantial growth for the first half of 2025, with significant increases in operating revenue, net profit, and non-recurring net profit, based on unaudited preliminary estimates 2025 Semi-Annual Performance Forecast vs 2024 Prior Period | Metric | 2025 H1 Forecast (CNY Millions) | 2024 H1 Actual (CNY Millions) | YoY Growth | | :--- | :--- | :--- | :--- | | **Operating Revenue** | 612.00 (approx) | 527.08 | +16.11% (approx) | | **Net Profit Attributable to Shareholders** | 55.00 (approx) | 41.16 | +33.62% (approx) | | **Non-Recurring Net Profit Attributable to Shareholders** | 34.00 (approx) | 17.62 | +92.97% (approx) | - This performance forecast contains preliminary financial data calculated by the company's finance department and has not been audited by a certified public accountant[2](index=2&type=chunk) [Prior Period Performance Review](index=1&type=section&id=%E4%BA%8C%E3%80%81%E4%B8%8A%E5%B9%B4%E5%90%8C%E6%9C%9F%E4%B8%9A%E7%BB%A9%E6%83%85%E5%86%B5) This section reviews the company's performance for the first half of 2024, providing key financial metrics as a comparative baseline 2024 Semi-Annual Performance Review | Metric | Amount (CNY Millions) | | :--- | :--- | | Operating Revenue | 527.08 | | Net Profit Attributable to Shareholders | 41.16 | | Non-Recurring Net Profit Attributable to Shareholders | 17.62 | [Key Drivers of Current Period Performance Change](index=2&type=section&id=%E4%B8%89%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E5%8F%98%E5%8C%96%E7%9A%84%E4%B8%BB%E8%A6%81%E5%8E%9F%E5%9B%A0) Performance growth is primarily driven by increased data storage controller chip shipments due to recovering demand and AI development, enhanced product competitiveness, and a higher proportion of high-margin PCIe Gen4 SSD controller chip revenue - The company's overall shipment volume of data storage controller chips maintained growth, benefiting from a moderate recovery in downstream demand and the development of AI technology[5](index=5&type=chunk) - The company's product competitiveness and brand influence have improved, leading to a continuous increase in customer penetration in downstream markets[5](index=5&type=chunk) - The revenue contribution from higher-margin PCIe Gen4 SSD controller chips continued to increase, driving an improvement in the company's overall gross margin[5](index=5&type=chunk) [Risk Warning and Other Notes](index=2&type=section&id=%E5%9B%9B%E3%80%81%E9%A3%8E%E9%99%A9%E6%8F%90%E7%A4%BA) This section highlights that the performance forecast is a preliminary, unaudited estimate, advising investors that final financial data will be based on the official semi-annual report and to consider investment risks - This performance forecast represents a preliminary calculation by the company's finance department and has not been audited by a certified public accountant, thus it contains uncertainties[6](index=6&type=chunk) - Investors are advised to note investment risks, as the specific and accurate financial data will be subject to the company's officially disclosed 2025 semi-annual report[7](index=7&type=chunk)

[Xi'an Qujiang Cultural Tourism Co., Ltd. 2025 H1 Earnings Forecast](index=1&type=section&id=Xi'an%20Qujiang%20Cultural%20Tourism%20Co.,%20Ltd.%202025%20H1%20Earnings%20Forecast) [Performance Overview and Year-over-Year Comparison](index=1&type=section&id=I.%20Current%20Period%20Earnings%20Forecast%20%26%20II.%20Prior%20Year%20Period%20Performance%20and%20Financial%20Condition) The company projects a significantly narrowed net loss for H1 2025 compared to the prior year period Performance Forecast vs. Prior Year Period | Metric | H1 2025 (Forecast) | H1 2024 (Prior Year Period) | | :--- | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders (RMB Million) | -13.00 ~ -16.90 | -187.01 | | Net Profit Attributable to Parent Company Shareholders (Excl. Non-recurring Items) (RMB Million) | -69.00 ~ -72.90 | -188.58 | | Earnings Per Share (RMB) | Not Disclosed | -0.73 | - The earnings forecast data has not been audited by a certified public accountant[3](index=3&type=chunk) [Analysis of Performance Fluctuation](index=1&type=section&id=III.%20Main%20Reasons%20for%20the%20Current%20Period's%20Projected%20Loss) The improved performance is driven by a major reversal of impairment provisions, which offsets ongoing operating losses - Core Business Impact: **Operating losses** are mainly caused by product and market growth lagging behind the pace of fixed cost reductions[4](index=4&type=chunk) - Non-operating Items Impact: A **significant positive impact on net profit** resulted from the reversal of impairment provisions on receivables following the receipt of large collections during the reporting period[5](index=5&type=chunk) [Risk Warnings and Other Matters](index=2&type=section&id=IV.%20Risk%20Warnings%20%26%20V.%20Other%20Explanatory%20Notes) The company clarifies this forecast is preliminary and unaudited, with final figures pending the official report - The company emphasizes this earnings forecast is **unaudited** and is not aware of other material uncertainties that could affect its accuracy[6](index=6&type=chunk) - The company advises that this forecast is based on **preliminary calculations** and investors should refer to the official semi-annual report for final figures[7](index=7&type=chunk)

[Estimated Performance for the Current Period](index=1&type=section&id=Item%20I.%20Estimated%20Performance%20for%20the%20Current%20Period) The company anticipates a net loss for the first half of 2025, with estimated net profit attributable to shareholders ranging from 4.5 million to 6.5 million yuan Estimated Financial Performance Comparison | Item | Current Reporting Period (January 1 - June 30, 2025) (yuan) | Prior Year Period (yuan) | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders of the Listed Company | Loss: 4.5 million - 6.5 million | Loss: 3.9727 million | | Net Profit After Deducting Non-Recurring Gains and Losses | Loss: 4.0 million - 6.0 million | Loss: 4.8420 million | | Basic Earnings Per Share (yuan/share) | Loss: 0.03 - 0.04 | Loss: 0.02 | [Communication with Accounting Firm](index=1&type=section&id=Item%20II.%20Communication%20with%20Accounting%20Firm) The company clarifies that this performance forecast is a preliminary financial estimate, not yet audited by an accounting firm - This performance forecast is a preliminary estimate by the company's finance department and has not been audited by an accounting firm[4](index=4&type=chunk) [Explanation of Performance Changes](index=1&type=section&id=Item%20III.%20Explanation%20of%20Performance%20Changes) The company attributes performance decline to challenging market conditions, including liquor consumption shifts, market differentiation, and intensified competition, leading to reduced sales revenue - The primary reasons for performance changes are market environment impacts, including the transformation of liquor consumption structure, market differentiation, and intensified existing competition, ultimately leading to a decline in sales revenue[5](index=5&type=chunk) [Other Relevant Information](index=1&type=section&id=Item%20IV.%20Other%20Relevant%20Information) The company reiterates this performance forecast is a preliminary, unaudited estimate, with final data to be disclosed in the 2025 semi-annual report - The company emphasizes that this performance forecast data is a preliminary estimate, with final data subject to the 2025 semi-annual report[6](index=6&type=chunk) - Investors are advised to rely on official announcements published in Securities Times, China Securities Journal, and on Juchao Information Network, and to be aware of investment risks[6](index=6&type=chunk)[7](index=7&type=chunk)

[Current Period Performance Forecast](index=1&type=section&id=Item%20I.%20Current%20Period%20Performance%20Forecast) The company anticipates significant growth in net profit attributable to shareholders and non-recurring net profit for the first half of 2025, with net profit attributable to shareholders projected between **RMB 220 million and RMB 238 million**, representing a year-on-year increase of **98.77% to 115.03%**, and non-recurring net profit expected between **RMB 200 million and RMB 218 million**, up **108.56% to 127.33%** 2025 Half-Year Performance Forecast | Item | Current Period (2025H1) (RMB) | Prior Period (RMB) | Change (%) | | :--- | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders of Listed Company** | Profit: 220 million - 238 million | Profit: 110.68 million | YoY Growth: 98.77% - 115.03% | | **Net Profit After Deducting Non-Recurring Gains and Losses** | Profit: 200 million - 218 million | Profit: 95.90 million | YoY Growth: 108.56% - 127.33% | [Explanation of Performance Changes](index=1&type=section&id=Item%20III.%20Explanation%20of%20Performance%20Changes) Performance growth is primarily attributed to optimized operational management, successful overseas business expansion leading to increased cathode copper production and sales, improved gross margins for cobalt products due to market price increases, and accelerated accounts receivable collection resulting in bad debt provision reversals - The company enhanced overall profitability through optimized operational management[5](index=5&type=chunk) - Continued expansion of overseas business, with cathode copper capacity release driving increased production and sales volumes, expanding profit margins[5](index=5&type=chunk) - Gross margins for the company's cobalt products improved due to rising cobalt metal market prices[5](index=5&type=chunk)[6](index=6&type=chunk) - Accelerated accounts receivable collection improved turnover speed, leading to gains from bad debt provision reversals[6](index=6&type=chunk) [Other Relevant Information](index=1&type=section&id=Item%20II.%20Communication%20with%20Accounting%20Firm) This performance forecast is based on preliminary calculations by the company's finance department and has not been audited by an accounting firm; final financial data will be disclosed in the 2025 half-year report, cautioning investors about investment risks - The financial data in this performance forecast represents preliminary calculations by the company's finance department and has not been pre-audited by an accounting firm[4](index=4&type=chunk) - Final specific financial data will be detailed in the company's 2025 half-year report, and investors are advised to be aware of investment risks[7](index=7&type=chunk)

[Performance Forecast Overview](index=1&type=section&id=I.%20Current%20Period%20Performance%20Forecast) The company forecasts a simultaneous decline in revenue and net profit for the first half of 2025, with revenue expected to decrease by 0-1% and net profit attributable to shareholders by 8-10% Performance Forecast for H1 2025 | Item | Current Period (2025 H1) | Prior Period (2024 H1) | Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 2,640.33 – 2,667.00 million CNY | 2,667.00 million CNY | -1% to 0% | | Net Profit Attributable to Shareholders | 1,224.24 – 1,251.44 million CNY | 1,360.27 million CNY | -10% to -8% | | Net Profit Excluding Non-Recurring Gains/Losses | 1,139.89 – 1,164.94 million CNY | 1,252.62 million CNY | -9% to -7% | [Analysis of Performance Changes](index=2&type=section&id=III.%20Explanation%20of%20Performance%20Changes) The decline in performance is primarily attributed to uncertainties in the external trade environment and the company's internal overseas capacity transfer, which temporarily impacted short-term orders and shipments, leading to increased expense ratios despite stable gross margins and core business competitiveness - Key negative factors impacting the company's performance include **external uncertainties** in the international trade environment and **internal adjustments** related to the transitional period of overseas capacity transfer, affecting short-term orders and shipments[5](index=5&type=chunk) - Despite challenges, the company's **gross margin remained stable**, but the **expense ratio increased** due to slower revenue growth and tariff policies, negatively impacting net profit[5](index=5&type=chunk) - The company emphasizes that its **core business maintains stable market competitiveness** with **robust downstream market demand**[5](index=5&type=chunk) [Other Important Information](index=2&type=section&id=IV.%20Other%20Relevant%20Information) The company disclosed that the performance forecast data is a preliminary estimate by the finance department, unaudited, with non-recurring gains/losses of approximately 85 million CNY primarily from wealth management income - This performance forecast data is a preliminary estimate by the company's finance department and has not been audited by an accounting firm; final data will be subject to the semi-annual report[4](index=4&type=chunk)[6](index=6&type=chunk) - Non-recurring gains and losses are estimated to impact net profit by approximately **85 million CNY** during the reporting period, primarily from wealth management income[7](index=7&type=chunk)

[Performance Forecast Overview: Turning Losses into Profits](index=1&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E8%AE%A1%E6%83%85%E5%86%B5) The company projects a significant performance turnaround for the first half of 2025, shifting from a loss to a net profit attributable to shareholders ranging from **9.5 million CNY to 12 million CNY** Key Performance Indicators | Item | Current Reporting Period (Jan 1 - Jun 30, 2025) | Prior Year Period | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders** | Profit: 9.5 million - 12 million CNY | Loss: 23.1577 million CNY | | **Net Profit After Non-Recurring Items** | Profit: 7.5 million - 9.5 million CNY | Loss: 25.5695 million CNY | - The company's performance forecast indicates a **turnaround to profitability** in the first half of 2025[2](index=2&type=chunk) [Audit and Data Explanation](index=1&type=section&id=%E4%BA%8C%E3%80%81%E4%B8%8E%E4%BC%9A%E8%AE%A1%E5%B8%88%E4%BA%8B%E5%8A%A1%E6%89%80%E6%B2%9F%E9%80%9A%E6%83%85%E5%86%B5) The performance forecast data represents preliminary estimates by the company's finance department and has not yet been audited by an accounting firm - This performance forecast data is a preliminary estimate by the company's finance department and is unaudited[3](index=3&type=chunk) [Analysis of Performance Change Drivers](index=1&type=section&id=%E4%B8%89%E3%80%81%E4%B8%9A%E7%BB%A9%E5%8F%98%E5%8A%A8%E5%8E%9F%E5%9B%A0%E8%AF%B4%E6%98%8E) The company's turnaround to profitability is primarily driven by a **105% year-over-year increase in communication product revenue**, optimized inventory management reducing impairment provisions, and favorable foreign exchange gains, further supported by approximately **2.4 million CNY** in non-recurring gains - A key driver is the growth in communication product sales orders, leading to an approximate **105% year-over-year increase** in operating revenue for the first half of 2025[4](index=4&type=chunk) - Optimized inventory management resulted in reduced impairment provisions, positively impacting profit[4](index=4&type=chunk) - The company recognized additional foreign exchange gains due to currency fluctuations affecting foreign currency assets during the reporting period[5](index=5&type=chunk) - Non-recurring gains for the first half of 2025 are estimated at approximately **2.4 million CNY**, primarily from investment income on idle funds and government subsidies[5](index=5&type=chunk) [Risk Warning and Future Outlook](index=2&type=section&id=%E5%9B%9B%E3%80%81%E5%85%B6%E4%BB%96%E7%9B%B8%E5%85%B3%E8%AF%B4%E6%98%8E) The company advises investors that this performance forecast is a preliminary estimate with inherent uncertainties, and final detailed financial data will be disclosed in the official 2025 semi-annual report, urging cautious investment decisions and attention to subsequent announcements - The company emphasizes that this performance forecast is a preliminary estimate, with final data subject to the 2025 semi-annual report[6](index=6&type=chunk) - Investors are advised to be aware of investment risks and exercise caution in their decisions[6](index=6&type=chunk)

[Hangzhou Baicheng Pharmaceutical Technology Co., Ltd. 2025 Semi-Annual Performance Forecast](index=1&type=section&id=Hangzhou%20Baicheng%20Pharmaceutical%20Technology%20Co.%2C%20Ltd.%202025%20Semi-Annual%20Performance%20Forecast) [Core Performance Forecast Data](index=1&type=section&id=I.%20Current%20Period%20Performance%20Forecast) The company anticipates a substantial year-over-year decline in its 2025 first-half performance, with net profit attributable to shareholders projected to be between 0 and 6 million yuan Performance Forecast Summary | Item | Current Reporting Period (Jan 1 - Jun 30, 2025) | Prior Period | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders of Listed Company** | Profit: 0 Million Yuan – 6 Million Yuan | Profit: 134.2105 Million Yuan | | | Year-over-Year Decrease: 95.53% - 100.00% | | | **Net Profit After Non-Recurring Items** | Loss: 9 Million Yuan – 15 Million Yuan | Profit: 123.1989 Million Yuan | | | Year-over-Year Decrease: 107.31% - 112.18% | | [Communication with Accounting Firm](index=1&type=section&id=II.%20Communication%20with%20Accounting%20Firm) The company has pre-communicated with its accounting firm regarding the performance forecast, confirming no major discrepancies, though the forecast remains unaudited - The financial data in this performance forecast is unaudited by the accounting firm, but the company has pre-communicated with the accounting firm on related matters, and there are no significant discrepancies between the parties[5](index=5&type=chunk) [Analysis of Performance Changes](index=2&type=section&id=III.%20Explanation%20of%20Performance%20Changes) The company attributes performance changes to increased Q2 revenue from R&D commercialization and strict cost control, alongside significant government subsidies - In the second quarter of 2025, the company intensified the commercialization of its independent R&D achievements, leading to a sequential increase in revenue and achieving a turnaround from loss to profit in the first half compared to 2024 through strict cost and expense control[6](index=6&type=chunk) - During the reporting period, the estimated impact of non-recurring gains and losses on net profit is approximately **15 million yuan**, primarily from government subsidies recognized in current profit or loss[6](index=6&type=chunk) [Risk Warning and Other Explanations](index=2&type=section&id=IV.%20Other%20Related%20Explanations) The company states this performance forecast is preliminary, with final data in the 2025 semi-annual report, advising investors to exercise caution - This performance forecast represents preliminary data from the company's finance department; the final financial data will be subject to the company's 2025 semi-annual report, and investors are advised to be aware of investment risks[7](index=7&type=chunk)

康龙化成（北京）新药技术股份有限公司 2025年半年度业绩预告 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、误导性陈述或重大遗漏。 以下为本公司的 2025 年半年度业绩预告。本业绩预告所载之财务数据未经 审计，除经调整的非《国际财务报告准则》下归属于上市公司股东的净利润或另 有注释外，本业绩预告所载之财务数据根据中国企业会计准则编制。 一、本期业绩预计情况 1、业绩预告期间 证券代码：300759 证券简称：康龙化成 公告编号：2025-038 2025 年 1 月 1 日至 2025 年 6 月 30 日 2、业绩预告情况 预计营业收入、归属于上市公司股东的扣除非经常性损益后的净利润以及经 调整的非《国际财务报告准则》下归属于上市公司股东的净利润同向上升，预计 归属于上市公司股东的净利润同向下降。 | 项 目 | 本报告期 | 上年同期 | | --- | --- | --- | | 营业收入 | 营收：633,304.36 万元–650,117.75 万元 | 营收：560,446.34 万元 | | | 比上年同期增长：13%–16% | | | 归属于上市公司股东 | ...

[Current Period Performance Forecast](index=1&type=section&id=Item%20I.%20Current%20Period%20Performance%20Forecast%20Overview) The company anticipates a significant year-on-year increase in its 2025 first-half operating revenue and net profit attributable to shareholders - The performance forecast covers the period from January 1, 2025, to June 30, 2025[3](index=3&type=chunk) Performance Forecast Summary (2025H1 Estimated vs. 2024H1) | Item | Current Period (2025H1 Estimated) (million CNY) | Prior Period (2024H1) (million CNY) | | :--- | :--- | :--- | | **Operating Revenue** | 515.00 - 525.00 | 384.525 | | Year-on-Year Growth | 33.93% - 36.53% | - | | **Net Profit Attributable to Shareholders** | 165.00 - 175.00 | 139.1398 | | Year-on-Year Growth | 18.59% - 25.77% | - | | **Net Profit After Non-Recurring Items** | 163.50 - 174.50 | 136.3894 | | Year-on-Year Growth | 19.88% - 27.94% | - | [Communication with Accounting Firm](index=1&type=section&id=Item%20II.%20Communication%20with%20Accounting%20Firm) This performance forecast represents preliminary estimates by the company's finance department and remains unaudited by an accounting firm - This performance forecast is a preliminary estimate by the company's finance department and has not been audited by an accounting firm[5](index=5&type=chunk) [Explanation of Performance Changes](index=1&type=section&id=Item%20III.%20Explanation%20of%20Performance%20Changes) Performance growth is driven by mass production of core products, semiconductor market recovery, and domestic substitution, while significant R&D investments temper net profit growth relative to revenue - Core 'function-structure' integrated modular products, such as ceramic heaters, have entered mass production, with capacity gradually increasing due to new plant relocation and equipment additions, now applied in domestic semiconductor wafer manufacturers' thin-film deposition processes[6](index=6&type=chunk) - Benefiting from the global semiconductor equipment market recovery and domestic substitution trends, the company's product sales revenue from major domestic and leading international semiconductor equipment manufacturers significantly increased year-on-year[7](index=7&type=chunk) - The company continues to increase R&D investment to develop new material systems, leading to net profit growth lagging behind revenue growth. Concurrently, new products like electrostatic chucks and ultra-high purity silicon carbide kits have gradually entered mass production and are contributing to revenue[7](index=7&type=chunk) [Other Relevant Information](index=2&type=section&id=Item%20IV.%20Other%20Relevant%20Information) The company advises investors that this performance forecast is preliminary, with final financial data subject to the officially disclosed 2025 semi-annual report - The company reminds investors that this performance forecast is a preliminary estimate, and specific financial data will be based on the company's officially disclosed 2025 semi-annual report; investors are advised to make cautious decisions and be aware of investment risks[8](index=8&type=chunk) [Reference Documents](index=2&type=section&id=Item%20V.%20Reference%20Documents) The board of directors' explanation for this performance forecast is available as a reference document - The board of directors' explanation regarding this period's performance forecast is available as a reference document[9](index=9&type=chunk)

证券代码：688049 证券简称：炬芯科技 公告编号：2025-045 炬芯科技股份有限公司 2025 年半年度业绩预告的自愿性披露公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 一、本期业绩预告情况 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 6 月 30 日。 （二）业绩预告情况 1、经炬芯科技股份有限公司（以下简称"公司"）财务部门初步测算，预计 2025 年半年度实现营业收入为 44,900.00 万元，与上年同期（法定披露数据）相 比，将增加 16,850.40 万元，同比增长 60.07%。 2、预计 2025 年半年度实现归属于母公司所有者的净利润为 9,100.00 万元， 与上年同期（法定披露数据）相比，将增加 5,006.00 万元，同比增长 122.28%。 3、预计 2025 年半年度归属于母公司所有者扣除非经常性损益后的净利润为 8,600.00 万元，与上年同期（法定披露数据）相比，将增加 6,272.45 万元，同比 增长 269.49%。 1 2024 年半年度归 ...