先导智能(300450) - 2025 Q2 - 季度财报

Section I Important Notice, Table of Contents and Definitions This section provides important notices, the report's table of contents, and definitions of key terms used throughout the report Important Notice The 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 - The company's Board of Directors, Supervisory Board, and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report[3] - The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital[4] Table of Contents This report's clear table of contents is divided into eight sections, covering important notices, company profile, management discussion and analysis, corporate governance, significant matters, share changes and shareholder information, bond-related matters, and financial reports Definitions This section defines common terms used in the report, including company and subsidiary names, lithium battery technologies, new energy vehicles, power batteries, 3C, laser cutting, AGV, and the reporting period - The reporting period is defined as January 1 to June 30, 2025[13] Section II Company Profile and Key Financial Indicators This section introduces the company's basic information, contact details, and presents key accounting data and financial indicators for the reporting period I. Company Profile Wuxi Lead Intelligent Equipment Co., Ltd. (stock code: 300450) is listed on the Shenzhen Stock Exchange, with Wang Yanqing as its legal representative Company Basic Information | Indicator | Content | | :--- | :--- | | Stock Abbreviation | Lead Intelligent | | Stock Code | 300450 | | Listing Exchange | Shenzhen Stock Exchange | | Chinese Name | Wuxi Lead Intelligent Equipment Co., Ltd. | | Legal Representative | Wang Yanqing | II. Contact Persons and Information The company's Board Secretary is Yao Yao and Securities Affairs Representative is Zhu Qi, with disclosed contact address, phone, fax, and email Contact Information | Position | Name | Contact Address | Phone | Fax | Email | | :--- | :--- | :--- | :--- | :--- | :--- | | Board Secretary | Yao Yao | No. 18 Xinzhou Road, Xinwu District, Wuxi | 0510-81163600 | 0510-81163648 | lead@leadintelligent.com | | Securities Affairs Representative | Zhu Qi | No. 18 Xinzhou Road, Xinwu District, Wuxi | 0510-81163600 | 0510-81163648 | lead@leadintelligent.com | III. Other Information During the reporting period, there were no changes in the company's contact information, information disclosure, document storage locations, or registration details - The company's registered address, office address, website, and email remained unchanged during the reporting period[18] - Information disclosure and document storage locations remained unchanged during the reporting period[19] - The company's registration status remained unchanged during the reporting period[20] IV. Key Accounting Data and Financial Indicators In the first half of 2025, the company achieved strong performance with a 14.92% increase in operating revenue, a 61.19% rise in net profit attributable to shareholders, and a 231.33% surge in net operating cash flow Key Accounting Data and Financial Indicators for H1 2025 | Indicator | Current Period (yuan) | Prior Period (yuan) | YoY Change in Current Period | | :--- | :--- | :--- | :--- | | Operating Revenue | 6,610,403,906.80 | 5,752,247,510.59 | 14.92% | | Net Profit Attributable to Shareholders of Listed Company | 740,250,720.23 | 459,252,052.29 | 61.19% | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-recurring Gains/Losses) | 732,443,046.89 | 448,029,942.19 | 63.48% | | Net Cash Flow from Operating Activities | 2,353,418,733.34 | -1,792,050,208.72 | 231.33% | | Basic Earnings Per Share (yuan/share) | 0.48 | 0.29 | 65.52% | | Diluted Earnings Per Share (yuan/share) | 0.48 | 0.29 | 65.52% | | Weighted Average Return on Net Assets | 6.20% | 3.88% | 2.32% | | Period-End Indicator | Current Period-End (yuan) | Prior Year-End (yuan) | YoY Change at Current Period-End | | Total Assets | 38,552,105,673.41 | 36,182,558,952.99 | 6.55% | | Net Assets Attributable to Shareholders of Listed Company | 12,302,735,053.13 | 11,597,531,383.37 | 6.08% | V. Differences in Accounting Data under Domestic and Overseas Accounting Standards The company reported no differences in net profit and net assets between financial statements prepared under international or overseas accounting standards and Chinese accounting standards during the reporting period - The company reported no differences in net profit and net assets between financial statements disclosed under international accounting standards and Chinese accounting standards during the reporting period[22] - The company reported no differences in net profit and net assets between financial statements disclosed under overseas accounting standards and Chinese accounting standards during the reporting period[23] VI. Non-recurring Gains and Losses and Amounts During the reporting period, the company's total non-recurring gains and losses amounted to 7,807,673.34 yuan, primarily from government subsidies, fair value changes, and non-operating income/expenses, net of tax and minority interests Non-recurring Gains and Losses for H1 2025 | Item | Amount (yuan) | Description | | :--- | :--- | :--- | | Disposal Gains/Losses on Non-current Assets | -346,028.43 | | | Government Grants Recognized in Current Profit/Loss | 4,450,545.59 | Received government grants income | | Gains/Losses from Fair Value Changes of Financial Assets/Liabilities Held by Non-financial Enterprises and Disposal of Financial Assets/Liabilities | 1,078,145.21 | | | Other Non-operating Income and Expenses Apart from the Above | 4,075,966.73 | | | Less: Income Tax Impact | 1,388,756.49 | | | Minority Interests Impact (After Tax) | 62,199.27 | | | Total | 7,807,673.34 | | Section III Management Discussion and Analysis This section provides an in-depth analysis of the company's main business, core competitiveness, financial performance, and risk factors during the reporting period I. Main Business Activities during the Reporting Period The company specializes in R&D, production, and sales of high-end non-standard intelligent equipment, serving lithium battery, photovoltaic, 3C, and hydrogen energy industries, offering comprehensive smart factory solutions (I) Overview of the Industry in which the Company Operates The company operates in the intelligent equipment manufacturing sector, primarily serving the lithium battery, photovoltaic, 3C, and hydrogen energy industries, all experiencing positive development trends - The company belongs to "C35 Special Equipment Manufacturing," primarily involving lithium battery, photovoltaic, 3C, and hydrogen energy equipment manufacturing[28] - In the first half of 2025, global new energy vehicle sales reached 9.1 million units, a 28% year-on-year increase, driving rapid growth in power battery demand[30] - In the first half of 2025, China's energy storage battery shipments reached 265 GWh, a 128% year-on-year increase[32] - In the first half of 2025, China's newly installed solar power generation capacity reached 110 million kW, a 54.2% year-on-year increase[34] - The global consumer electronics market is projected to reach 1.15 trillion US dollars in 2025, growing to 1.18 trillion US dollars by 2028, with a CAGR of 2.99%[35][36] - From January to April 2025, the installation rate of L2 and above advanced driver-assistance systems in new energy passenger vehicles reached 77.8%, exceeding 52% in traditional fuel passenger vehicles[3