汇成真空(301392) - 2025 Q2 - 季度财报

Part I Important Notice The board, supervisory board, and senior management guarantee the report's authenticity, accuracy, and completeness, taking legal responsibility - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report, with no false records, misleading statements, or major omissions, and assume individual and joint legal responsibility[4] - Company head Li Zhirong, chief accountant Lin Lin, and head of accounting department Chen Yisen declare that the financial report in this semi-annual report is true, accurate, and complete[4] - The profit distribution plan approved by this board meeting is: based on 100,000,000 shares, a cash dividend of 1 yuan (tax inclusive) will be distributed for every 10 shares to all shareholders, with 0 bonus shares (tax inclusive), and no capitalization of reserves[4] Table of Contents This section lists the eight main chapters and their starting page numbers, offering an overview of the report's structure - The report comprises eight main chapters, covering company profile, management discussion and analysis, corporate governance, significant matters, share changes, bond information, and financial reports[8] Reference Documents This section specifies the reference documents, including the signed report, financial statements, and all publicly disclosed company filings - Reference documents include the 2025 semi-annual report text signed by the legal representative, financial statements signed and sealed by the legal representative, chief accountant, and head of accounting department, as well as originals of all company documents and announcements publicly disclosed on the CSRC-designated website during the reporting period[10] Definitions This section defines common terms used in the report, covering company names, subsidiaries, shareholders, customers, industry technologies, and the reporting period - Defines "Huicheng Vacuum/Company/This Company" as Guangdong Huicheng Vacuum Technology Co., Ltd[11] - Explains "vacuum coating" as a process where materials are converted into gaseous or plasma states in a vacuum environment, then deposited on a solid surface to form a thin film using physical or chemical means[11] - Clarifies "current reporting period" as January 1, 2025, to June 30, 2025[13] Part II Company Profile and Key Financial Indicators 1. Company Profile This section introduces the company's basic information, including stock ticker, code, listing exchange, Chinese name, and legal representative - Stock ticker: Huicheng Vacuum, Stock code: 301392, Stock exchange: Shenzhen Stock Exchange[15] - The company's Chinese name: Guangdong Huicheng Vacuum Technology Co., Ltd., Legal representative: Li Zhirong[15] 2. Contact Information This section provides contact details for the Board Secretary and Securities Affairs Representative, facilitating investor communication - Board Secretary: Xiao Xianwei, Securities Affairs Representative: Liu Shan[16] - Contact number: 0769-85635968, Email: hcvac001@hcvac.com[16] 3. Other Information This section states that the company's registered address, office address, website, email, information disclosure, and registration status remain unchanged from the 2024 annual report - The company's registered address, office address and postal code, website, email, etc., remained unchanged during the reporting period, as detailed in the 2024 annual report[17] - Information disclosure and document storage locations remained unchanged during the reporting period, as detailed in the 2024 annual report[18] - The company's registration status remained unchanged during the reporting period, as detailed in the 2024 annual report[19] 4. Key Accounting Data and Financial Indicators This section discloses key accounting data and financial indicators for the current and prior year periods, showing a decrease in revenue and net profit but a significant increase in net cash flow from operating activities Key Accounting Data and Financial Indicators (Consolidated Statements) | Indicator | Current Reporting Period (yuan) | Prior Year Period (yuan) | Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 263,019,244.17 | 291,300,630.41 | -9.71% | | Net Profit Attributable to Shareholders of the Listed Company | 42,644,331.05 | 59,084,000.93 | -27.82% | | Net Profit Attributable to Shareholders of the Listed Company Excluding Non-Recurring Gains and Losses | 42,515,946.93 | 55,634,517.01 | -23.58% | | Net Cash Flow from Operating Activities | 202,262,691.72 | 6,860,485.69 | 2,848.23% | | Basic Earnings Per Share (yuan/share) | 0.43 | 0.75 | -42.67% | | Diluted Earnings Per Share (yuan/share) | 0.43 | 0.75 | -42.67% | | Weighted Average Return on Net Assets | 5.64% | 11.31% | -5.67% | | Period-End Indicators | Current Period-End (yuan) | Prior Year-End (yuan) | Change (%) | | Total Assets | 1,158,157,455.06 | 1,112,176,244.01 | 4.13% | | Net Assets Attributable to Shareholders of the Listed Company | 760,152,952.68 | 737,508,621.62 | 3.07% | 5. Differences in Accounting Data Under Domestic and International Accounting Standards The company reports no differences in net profit and net assets between international/overseas accounting standards and Chinese accounting standards for the reporting period - The company reported no differences in net profit and net assets between financial reports disclosed under international accounting standards and those under Chinese accounting standards during the reporting period[22] - The company reported no differences in net profit and net assets between financial reports disclosed under overseas accounting standards and those under Chinese accounting standards during the reporting period[23] 6. Non-Recurring Gains and Losses and Amounts This section details non-recurring gains and losses for the reporting period, primarily government grants, investment income, and non-operating income/expenses, totaling 128,384.12 yuan Non-Recurring Gains and Losses and Amounts | Item | Amount (yuan) | Explanation | | :--- | :--- | :--- | | Government grants included in current profit and loss (excluding those closely related to the company's normal operations, compliant with national policies, enjoyed according to fixed standards, and having a continuous impact on the company's profit and loss) | 58,055.70 | | | Gains and losses from entrusted investments or asset management | 207,581.54 | | | Other non-operating income and expenses apart from the above | -104,965.87 | | | Less: Income tax impact | 32,287.25 | | | Total | 128,384.12 | | - The company has no other profit and loss items that meet the definition of non-recurring gains and losses, nor does it classify non-recurring gains and losses listed in "Interpretive Announcement No. 1 on Information Disclosure by Companies Issuing Securities to the Public—Non-Recurring Gains and Losses" as recurring gains and losses[26] Part III Management Discussion and Analysis 1. Principal Business Activities During the Reporting Period This section details the company's core business in vacuum coating equipment R&D, manufacturing, sales, and related services, including industry overview, market position, products, operating results, business model, and performance drivers - The company's principal business is the research and development, production, and sales of vacuum coating equipment, while also providing customers with related accessories, consumables, and technical support services[28] - The company is a leading domestic PVD coating equipment enterprise, with major clients including Longyan Energy, Apple, Foxconn, BYD, Riju New Material, and research institutions such as Xi'an Jiaotong University and Changchun University of Science and Technology[30] - As of June 30, 2025, the company holds 128 patents, including 43 invention patents, 69 utility model patents, and 16 design patents, and has obtained 7 software copyrights[31] (I) Industry Overview The vacuum coating equipment industry is positioned mid-stream, with upstream suppliers of coating materials and downstream applications across diverse sectors like consumer electronics, semiconductors, and automotive - The vacuum coating equipment industry is positioned between upstream raw materials and downstream coating manufacturers and end applications, primarily serving decorative film industries such as hardware, plastics, and sanitary ware, as well as consumer electronics, integrated circuits, semiconductors, solar photovoltaics, new energy, medical devices, automotive, and aerospace sectors[29] (II) Company's Industry Position The company is a leading domestic PVD coating equipment enterprise, recognized as a "Specialized, Refined, Unique, and Innovative 'Little Giant' Enterprise" with 128 patents and a strong customer base - The company is a leading domestic PVD coating equipment enterprise, with major clients including Longyan Energy, Apple, Foxconn, BYD, Riju New Material, and research institutions such as Xi'an Jiaotong University and Changchun University of Science and Technology[30] - As of June 30, 2025, the company holds 128 patents, including 43 invention patents, 69 utility model patents, and 16 design patents, and has obtained 7 software copyrights[31] - The company has been awarded the title of "Specialized, Refined, Unique, and Innovative 'Little Giant' Enterprise," designated as a key laboratory in Dongguan City, a Guangdong Provincial Engineering Technology Research Center, and approved to establish a "Guangdong Provincial Postdoctoral Workstation"[32] (III) Company's Principal Business Established in 2006 and listed in 2024, the company specializes in R&D, production, sales, and technical services for vacuum coating equipment, applying core vacuum coating and film formation technologies across various industries - Huicheng Vacuum was established in 2006 and listed on the Shenzhen Stock Exchange in June 2024, operating as a vacuum application solution provider primarily engaged in the research and development, production, sales, and technical services of vacuum coating equipment[33] - The vacuum coating equipment produced by the company is widely used in consumer electronics such as smartphones, display screens, and optical lenses, as well as industrial products like aviation, semiconductors