风范股份(601700) - 2025 Q2 - 季度财报

Explanation of Terms This section defines key terms and abbreviations used throughout the report, covering the reporting period and the company's main businesses - The reporting period is from January 1, 2025, to June 30, 2025[14] - The company's main businesses involve power transmission towers and steel structures, as well as the photovoltaic industry[31] Common Terminology Definitions | Common Term | Meaning | | :--- | :--- | | Company, This Company, Fenfann Shares | Changshu Fenfann Power Equipment Co., Ltd | | Reporting Period | January 1, 2025, to June 30, 2025 | | UHV | In China, typically refers to voltage levels above 750KV (excluding 750KV), currently mainly including AC 1100KV and DC ±800KV voltage levels | | Monocrystalline Silicon | A single crystal of silicon atoms arranged periodically in a solid block, produced from high-purity polycrystalline silicon primarily through the Czochralski (CZ) and float-zone (FZ) methods | | MW | Megawatt, a unit of power, 1 Megawatt = 1,000 Kilowatts | | GW | Gigawatt, a unit of power, 1 Gigawatt = 1,000 Megawatts | Company Profile and Key Financial Indicators This section provides an overview of the company's basic information, contact details, and a summary of its key financial performance during the reporting period Company Information The company's full Chinese name is Changshu Fenfann Power Equipment Co., Ltd., abbreviated as Fenfann Shares, with Wang Jianxiang as its legal representative - The company's Chinese name is Changshu Fenfann Power Equipment Co., Ltd., abbreviated as Fenfann Shares[17] - The company's legal representative is Wang Jianxiang[17] Contact Person and Contact Information During the reporting period, Sun Lianjian served as the Board Secretary and Cheng Zejun as the Securities Affairs Representative, both located at No. 8 Renmin South Road, West District, Shanghu Town Industrial Concentration Zone, Changshu City, Jiangsu Province - The Board Secretary is Sun Lianjian, and the Securities Affairs Representative is Cheng Zejun[18] - The company's contact address is No. 8 Renmin South Road, West District, Shanghu Town Industrial Concentration Zone, Changshu City, Jiangsu Province[18] Brief Introduction to Changes in Basic Information The company's registered and office addresses are both located at No. 8 Renmin South Road, West District, Shanghu Town Industrial Concentration Zone, Changshu City, Jiangsu Province, with no changes during the reporting period - The company's registered and office addresses remained unchanged[19] Brief Introduction to Changes in Information Disclosure and Document Storage Locations The company designates "China Securities Journal," "Securities Times," "Shanghai Securities News," and "Securities Daily" as its information disclosure newspapers, with the semi-annual report published on www.sse.com.cn and available at the company's Board Office - The company's information disclosure newspapers include "China Securities Journal," "Securities Times," "Shanghai Securities News," and "Securities Daily"[20] - The semi-annual report is published on www.sse.com.cn[20](index=20&type=chunk) Overview of Company Shares The company's A-shares are listed on the Shanghai Stock Exchange under the stock ticker "Fenfann Shares" and stock code 601700, with no change in the ticker during the reporting period - The company's stock type is A-shares, listed on the Shanghai Stock Exchange[21] - The stock ticker is "Fenfann Shares" and the stock code is 601700[21] Company's Key Accounting Data and Financial Indicators During the reporting period, the company's operating revenue decreased by 29.4% year-on-year, and net profit attributable to shareholders decreased by 89.05%, primarily due to lower sales prices in the tower segment and losses in the photovoltaic segment, with net cash flow from operating activities significantly declining by 568.45% Company's Key Accounting Data and Financial Indicators | Key Accounting Data | Current Reporting Period (Jan-Jun) (CNY) | Prior Period (CNY) | Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 1,310,886,306.35 | 1,856,659,866.88 | -29.4 | | Total Profit | -40,269,475.50 | 130,637,054.59 | -130.83 | | Net Profit Attributable to Shareholders of the Listed Company | 8,907,628.05 | 81,353,049.95 | -89.05 | | Net Profit Attributable to Shareholders of the Listed Company After Deducting Non-recurring Gains and Losses | -50,561,238.67 | 79,061,634.39 | -163.95 | | Net Cash Flow from Operating Activities | -526,170,017.17 | -78,714,687.56 | -568.45 | - Operating revenue decreased by 29.4%, mainly due to lower product sales prices in the tower segment and reduced orders in the photovoltaic segment[24] - Net profit attributable to shareholders of the listed company decreased by 89.05%, primarily due to losses in the photovoltaic segment during the current period[24] - Net cash flow from operating activities decreased by 568.45%, mainly due to increased accounts receivable in the tower segment and increased procurement payments in the photovoltaic segment[25] Non-recurring Gains and Losses Items and Amounts During the reporting period, the company's total non-recurring gains and losses amounted to CNY 59,468,866.72, primarily comprising fair value changes and disposal gains/losses from financial assets and liabilities Non-recurring Gains and Losses Items and Amounts | Non-recurring Gains and Losses Item | Amount (CNY) | | :--- | :--- | | Gains and Losses from Disposal of Non-current Assets | 111,977.92 | | Government Grants Recognized in Current Period Profit/Loss | 4,828,883.19 | | Gains and Losses from Fair Value Changes of Financial Assets and Liabilities Held by Non-financial Enterprises, and Gains and Losses from Disposal of Financial Assets and Liabilities, excluding effective hedge accounting