桂林莱茵生物科技股份有限公司 2025 年年度报告全文 桂林莱茵生物科技股份有限公司 2025 年年度报告 2026 年 3 月 桂林莱茵生物科技股份有限公司 2025 年年度报告全文 2025 年年度报告 第一节 重要提示、目录和释义 公司董事会及董事、高级管理人员保证年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责 任。 公司负责人郑辉、主管会计工作负责人郑辉及会计机构负责人（会计主 管人员）张为鹏声明：保证本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报告的董事会会议。 年度报告中涉及公司未来计划等前瞻性的陈述，能否实现取决于市场状 况变化等多种因素，存在不确定性，并不代表公司对未来年度的盈利预测， 也不构成公司对投资者的实质承诺，投资者及相关人士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。 本公司敬请广大投资者认真阅读本年度报告全文，并特别注意公司存在 的政策风险、市场风险、原材料采购风险、大客户依赖风险、技术风险等， 详细内容见本年度报告"第三节 管理层讨论与分析"之"十一、公司未来 ...

Financial Performance - The company's operating revenue for 2025 reached ¥5,627,640,622.05, representing a 12.58% increase compared to ¥4,998,663,738.33 in 2024[16] - Net profit attributable to shareholders increased by 81.32% to ¥247,442,948.83 from ¥136,470,101.86 in the previous year[16] - The net profit after deducting non-recurring gains and losses surged by 157.25% to ¥229,870,861.27, up from ¥89,355,321.63 in 2024[16] - Basic earnings per share rose to ¥0.39, a 77.27% increase from ¥0.22 in 2024[16] - The total assets at the end of 2025 were ¥8,651,155,550.52, reflecting a 6.49% growth from ¥8,124,198,475.68 in 2024[16] - The net assets attributable to shareholders increased by 2.35% to ¥4,007,495,499.22 from ¥3,915,658,010.02 in 2024[16] - Cash flow from operating activities netted ¥579,509,274.07, a 15.91% increase from ¥499,966,697.20 in 2024[16] - The weighted average return on equity improved to 6.13%, up from 3.50% in 2024[16] - The company achieved a sales revenue of 5.627 billion yuan, representing a year-on-year growth of 12.58%, marking a historical high[75] - The net profit attributable to shareholders reached 247 million yuan, a significant increase of 81.32% year-on-year[75] Operational Highlights - The company specializes in mobile thermal management products, including traditional and electric air conditioning systems, radiators, and battery thermal management systems, serving various vehicle types[26] - The company plans to enhance production capacity through new production bases and acquisitions to meet future order demands[40] - The company aims to improve operational efficiency and reduce costs through resource sharing and production planning across different bases[40] - The production and sales of large and medium-sized bus air conditioners reached 49,000 units and 46,200 units respectively, showing a year-on-year increase of 5.38% and 16.08%[41] - The independent battery thermal management system saw production and sales increase by 50.61% and 49.55%, attributed to the rising trend of electrification in commercial vehicles[43] - The production and sales of small car air conditioning condensers increased by 41.13% and 41.40%, due to the entry of passenger car condenser projects into mass production[43] - The production and sales of small car air conditioning assembly rose by 32.05% and 36.49%, driven by increased orders from both passenger and commercial vehicle projects entering mass production[43] - The production and sales of automotive air conditioning compressors increased by 31.73% and 35.33%, as significant projects entered mass production[43] - The production of new energy vehicle air conditioning units reached 31,000 units, with sales of 31,000 units generating revenue of approximately ¥908.19 million[45] - The production of new energy vehicle air conditioning boxes was 219,080 units, with sales generating revenue of approximately ¥1.51 billion[45] Research and Development - The company has over 500 technical personnel, with 15.5% being technical experts and senior engineers, ensuring strong support for new product development and new business acquisition[51] - The company completed 96 key product developments and filed 63 new patent applications during the reporting period, covering thermal management systems and key components[53] - The application ratio of simulation work in product development reached 100%, significantly enhancing the efficiency of product pre-validation[52] - The company has established three CNAS-accredited laboratories and over 40 sets of core testing equipment, recognized by major manufacturers such as BYD and SAIC[52] - The newly developed low-temperature heat pump air conditioning system, capable of operating at -15°C, has been validated on several vehicle models and is beginning small-scale promotion[54] - The company has over 150 patents related to vehicle air conditioning systems, ensuring technological advancement and product competitiveness[55] - The newly developed high-performance plate heat exchangers can achieve a maximum heat transfer capacity of 10kW, meeting diverse thermal management needs[57] - The integration of passenger and driver zone air conditioning with battery thermal management has improved air conditioning performance by 28.9% and reduced overall vehicle energy consumption by 17.8%[59] - The implementation of PID energy-saving control strategies has improved the energy efficiency ratio of air conditioning systems by 10%[61] - The company is advancing the development of a multi-in-one electric control system for high-voltage applications, entering the mass production phase[62] Market Expansion and Strategy - The company has established a sales and after-sales service network with over 30 sales outlets and more than 300 sales and service personnel across major provinces and cities in China[70] - The company has entered the supplier systems of major clients such as CATL, BYD, and SANY Group, and has entered the mass production stage for battery thermal management systems[69] - The company has developed a self-supply capability for key components such as compressors and electronic control systems, significantly reducing costs and improving product competitiveness[72] - The company has over 430 long-term clients in the bus thermal management market, including major manufacturers like BYD and Yutong, providing a solid customer base for stable profitability[68] - The company has adopted a diversified sales model combining "standard mode" and "terminal mode," enhancing its responsiveness and flexibility in different business development stages[66] - The company has established a robust after-sales service network covering Southeast Asia, South America, Europe, North Africa, and the Middle East, supporting international market expansion[70] - The company plans to enhance market expansion and R&D efforts, aiming for the new generation of high-end products to enter mass production by 2026[77] Governance and Compliance - The company has established a governance structure that includes a shareholder meeting, board of directors, and specialized committees, ensuring compliance with relevant regulations[129] - The board consists of 9 members, including 3 independent directors, and adheres to legal requirements for governance and decision-making processes[133] - The company has implemented a value management system and disclosed plans for valuation enhancement, indicating a commitment to improving shareholder value[127] - Management holds monthly operational analysis meetings to ensure compliance with board decisions and maintain effective oversight[135] - The company emphasizes transparent information disclosure and has established a dedicated investor relations management system to facilitate communication with investors[136] - The company has no significant governance issues, such as requests for extraordinary shareholder meetings or violations of shareholder rights[131] - The management team operates independently from the controlling shareholder, ensuring a complete and autonomous business structure[134] - The company is committed to maintaining a high level of operational integrity and compliance with all relevant laws and regulations[135] Employee and Management Structure - The total number of employees at the end of the reporting period was 3,406, with 643 in the parent company and 2,763 in major subsidiaries[166] - The company has a total of 2,179 production staff, 262 sales personnel, and 519 technical staff among its employees[166] - The company has implemented a performance evaluation system with monthly assessments linked to annual performance bonuses, enhancing employee motivation and accountability[167] - The company conducted a total of 235,876 hours of labor outsourcing, with total payments amounting to RMB 6,661,637.00[169] - The company has 70 employees with a master's degree or higher, and 749 with a bachelor's degree[166] - The management team has undergone changes, with several key personnel resigning and new appointments being made to strengthen leadership[149][151] Internal Control and Audit - The company has established a comprehensive internal control management system that meets operational needs and has effectively executed internal control measures, achieving basic control objectives without significant defects[175] - There are no significant internal control deficiencies reported during the period, with zero major or important deficiencies identified in both financial and non-financial reporting[177] - The audit committee found no issues during its supervision activities in the reporting period[165] - The internal control audit report indicates that the company maintained effective financial reporting internal controls as of December 31, 2025[178] - The audit firm issued a standard unqualified opinion on the internal control audit report[178] Social Responsibility - The company has committed to social responsibility initiatives, including support for poverty alleviation in regions like Yunnan and Guangxi[180]

苏州华源控股股份有限公司 2025 年年度报告全文 苏州华源控股股份有限公司 2025 年年度报告 二〇二六年三月 1 苏州华源控股股份有限公司 2025 年年度报告全文 2025 年年度报告 第一节 重要提示、目录和释义 公司董事会及董事、高级管理人员保证年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责 任。 公司负责人李志聪、主管会计工作负责人邵娜及会计机构负责人（会计 主管人员）蔡昌玲声明：保证本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报告的董事会会议。 本年度报告中涉及公司未来计划等前瞻性的陈述，不构成公司对投资者 的实质承诺，投资者及相关人士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。 公司在本报告"第三节 管理层讨论与分析"中"十一、公司未来发展的展 望"部分，详细描述了公司经营中可能存在的风险及应对措施，敬请投资者关 注相关内容。 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 | 第一节 | 重要提示、目录和释义 | 2 | | --- | --- | --- | | 第二节 | 公司简 ...

宁波中百股份有限公司2025 年年度报告 公司代码：600857 公司简称：宁波中百 宁波中百股份有限公司 2025 年年度报告 1 / 125 宁波中百股份有限公司2025 年年度报告 重要提示 一、本公司董事会及董事、高级管理人员保证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、 立信会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、公司负责人应飞军、主管会计工作负责人钱珂及会计机构负责人（会计主管人员）李燕声明： 保证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 经立信会计师事务所（特殊普通合伙）审计，2025年度宁波中百股份有限公司（以下简称" 公司"）实现归属于母公司股东的净利润为人民币32,535,979.53元，其中，扣除非经常性损益后 应归属于母公司股东的净利润为人民币17,275,235.71元。结合公司未来发展与对外投资需求，经 董事会审议，公司2025年度拟以实施权益分派股权登记日登记的总股本为基数分配利润， ...

招商局南京油运股份有限公司2025 年年度报告 公司代码：601975 公司简称：招商南油 招商局南京油运股份有限公司 2025 年年度报告 1 / 233 招商局南京油运股份有限公司2025 年年度报告 重要提示 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 （一）以2025年度利润分配方案实施时股权登记日的应分配股数为基数，拟每10股派发现金 红利0.27元（含税）。截至2025年12月31日，公司总股本4,680,344,678股，合计派发现金股利为 126,369,306.31元（含税）。现金分红占归属上市公司股东净利润的9.64%。2025年回购股份金额 399,999,477.93元，现金分红加股份回购金额占归属上市公司股东净利润的40.14%。 （二）利润分配方案发布后至实施权益分派的股权登记日前公司总股本发生变动的，以实施 分配方案时股权登记日享有利润分配权的股份总额为基数，维持每股分配金额不变，分配总额相 应调整。 截至报告期末，母公司存在未弥补亏损的相关情况及其对公司分红等事项的影响 □适用 √不适用 六、前瞻性陈述的风险声明 □适用 □不适用 一、本公司董事会及董事、高级 ...

Dividend and Financial Performance - The company plans to distribute a cash dividend of 1 RMB per 10 shares (including tax) to all shareholders, with no bonus shares issued[4]. - The company's operating revenue for 2025 was approximately ¥24.50 billion, a decrease of 3.11% compared to ¥25.29 billion in 2024[21]. - The net profit attributable to shareholders for 2025 was approximately ¥218.70 million, a significant increase of 122.07% from a loss of ¥991.02 million in 2024[21]. - The net cash flow from operating activities for 2025 was approximately ¥3.35 billion, reflecting a 5.34% increase from ¥3.18 billion in 2024[21]. - The basic earnings per share for 2025 was ¥0.082, a 121.98% improvement from a loss of ¥0.373 in 2024[21]. - The financial report is signed and stamped by the legal representative and accounting personnel, ensuring its authenticity and reliability[8]. Risk Management and Governance - The financial report confirms that all board members attended the meeting to review the report, ensuring accountability for the accuracy and completeness of the financial statements[4]. - The company emphasizes the importance of risk awareness regarding forward-looking statements related to operational plans and development strategies[4]. - The report includes a detailed analysis of potential risks the company may face in its production and operations, which investors are encouraged to review[4]. - The report outlines the company's governance structure and its commitment to environmental and social responsibilities[6]. - The company has established a comprehensive management discussion and analysis section to provide insights into its financial performance and strategic direction[6]. Market Position and Strategy - The company is focused on expanding its market presence and enhancing its operational efficiency through strategic initiatives[6]. - The company has outlined its future development outlook, which includes potential growth areas and market expansion strategies[4]. - The company’s market share in the Beijing-Tianjin-Hebei region exceeds 50%, demonstrating a strong competitive advantage[32]. - The company aims to enhance its market position in Shanxi by strengthening regional enterprise collaboration and optimizing production schedules in 2025[60]. - The company is actively expanding its waste disposal business, leveraging its position as a pioneer in collaborative waste disposal in the cement industry[57]. Production Capacity and Efficiency - The company has a clinker production capacity of 92 million tons and a cement production capacity of 180 million tons, ranking third among domestic cement manufacturers[32]. - The company has implemented a financial sharing system to enhance efficiency in financial management and cost control[36]. - The company has accelerated the layout of aggregate and concrete production lines, adding 13.5 million tons of aggregate capacity and 1.8 million cubic meters of concrete capacity, enhancing its competitive advantage in the market[69]. - The company has achieved a 40% alternative fuel substitution rate, with 38 national-level "green factories" and 25 national-level green mines, demonstrating its commitment to sustainable practices[71]. - The company has established a three-tier operational control model to optimize management and improve efficiency[35]. Environmental and Social Responsibility - The company is a leader in digital transformation and green low-carbon initiatives, achieving industry-leading clinker carbon emission intensity and becoming the first in the cement industry to pass ultra-low emission assessments[33]. - The company plans to enhance hazardous waste disposal capabilities in response to new regulations, aiming for full information management coverage by 2026[42]. - The company has actively implemented poverty alleviation and rural revitalization initiatives, achieving new contributions in various areas such as industry, employment, consumption, and public welfare[190]. - The company aims to create 8 job opportunities in poverty alleviation areas by 2025, including 4 positions for rural university graduates[192]. - The company has organized health initiatives providing free cataract screenings and health consultations for over 60 villagers[196]. Research and Development - The company aims to develop a fast-setting magnesium phosphate-based special cement material, enhancing product diversification and technical competitiveness[95]. - The company is focusing on AI-based models for predicting cement clinker strength, improving efficiency and quality stability[95]. - The company has developed a range of new products, including specialized cement for wind power tower bases, and is advancing in high-end cement technology, with 242 invention patents and 2,175 utility model patents[70]. - R&D investment for 2025 is projected at ¥120,120,965.30, a decrease of 6.77% from ¥128,843,928.18 in 2024[96]. - The company is developing a precise carbon emission measurement technology to support carbon trading and reduce emissions[96]. Financial Management and Internal Controls - The company has established a comprehensive performance evaluation and compensation system for senior management, ensuring compliance with relevant laws and regulations[177]. - The internal control system has been updated to enhance compliance management and risk prevention, ensuring efficient operation of internal controls[179]. - The internal control evaluation report indicates that the total assets of the evaluated units account for 98.94% of the company's consolidated financial statements[181]. - The evaluated units' operating income represents 99.92% of the company's consolidated financial statements[181]. - The company has not been issued any non-standard internal control audit opinions in the reporting period[184]. Leadership and Organizational Changes - Wang Xiangdong resigned from the board due to work adjustments, effective March 24, 2025[150]. - Zhu Yan also resigned from the board on July 14, 2025, due to work adjustments[151]. - The total number of resignations and appointments reflects ongoing organizational changes within the company[150]. - The management team is focused on maintaining operational stability during the transition period[150]. - The company plans to elect new directors, including Zhou Chengyao and Ding Peihe, on August 27, 2025, due to work adjustments[151].

苏州纳芯微电子股份有限公司2025 年年度报告 公司代码：688052 公司简称：纳芯微 苏州纳芯微电子股份有限公司 2025 年年度报告 1 / 278 苏州纳芯微电子股份有限公司2025 年年度报告 重要提示 一、本公司董事会及董事、高级管理人员保证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、公司上市时未盈利且尚未实现盈利 □是 √否 三、重大风险提示 公司已在本报告中详细描述可能存在的相关风险。具体内容详见本报告第三节"管理层讨论与 分析"之"四、风险因素"，敬请广大投资者查阅。 四、公司全体董事出席董事会会议。 五、天健会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 六、公司负责人王升杨、主管会计工作负责人朱玲及会计机构负责人（会计主管人员）朱玲声明： 保证年度报告中财务报告的真实、准确、完整。 七、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 公司第三届董事会第二十四次会议审议通过《关于公司2025年度利润分配方案的议案》，截 至2025年12月31日，公司母公司报表中期末未分配利润为-52,351 ...

湖北兴福电子材料股份有限公司2025 年年度报告 公司代码：688545 公司简称：兴福电子 湖北兴福电子材料股份有限公司 2025 年年度报告 1 / 242 湖北兴福电子材料股份有限公司2025 年年度报告 重要提示 一、本公司董事会及董事、高级管理人员保证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、公司上市时未盈利且尚未实现盈利 □是√否 三、重大风险提示 公司已在本报告中详细描述了可能存在的相关风险，敬请查阅本报告"第三节管理层讨论与分 析"中"四、风险因素"相关内容。请投资者注意投资风险。 四、公司全体董事出席董事会会议。 五、 中审众环会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 六、公司负责人李少平、主管会计工作负责人谈晓华及会计机构负责人（会计主管人员）袁龙言 声明：保证年度报告中财务报告的真实、准确、完整。 七、 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 经中审众环会计师事务所（特殊普通合伙）审计，2025年度公司合并报表实现归属于上市公 司股东的净利润20,681.76万元。截至20 ...

合肥埃科光电科技股份有限公司2025 年年度报告 公司代码：688610 公司简称：埃科光电 合肥埃科光电科技股份有限公司 2025 年年度报告 1 / 235 合肥埃科光电科技股份有限公司2025 年年度报告 重要提示 一、本公司董事会及董事、高级管理人员保证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、公司上市时未盈利且尚未实现盈利 □是 √否 三、重大风险提示 公司已在本报告中描述可能存在的风险因素，敬请查阅"第三节管理层讨论与分析"之"四、风 险因素"部分，请投资者注意投资风险。 四、公司全体董事出席董事会会议。 五、 容诚会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 六、公司负责人董宁、主管会计工作负责人张茹及会计机构负责人（会计主管人员）张茹声明： 保证年度报告中财务报告的真实、准确、完整。 七、 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年年度拟不进行利润分配，不派发现金红利，不送红股，不以资本公积金转增股本。上 述利润分配方案已经公司第二届董事会第四次临时会议审议通过，尚需提交 ...

翱捷科技股份有限公司2025 年年度报告 公司代码：688220 公司简称：翱捷科技 翱捷科技股份有限公司 2025 年年度报告 1 / 272 翱捷科技股份有限公司2025 年年度报告 重要提示 一、本公司董事会及董事、高级管理人员保证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、公司上市时未盈利且尚未实现盈利 √是 □否 由于公司所从事的无线通信芯片设计行业具有技术门槛高、高端人才密集、研发周期长、资 金投入大的特点，且主要竞争对手均为境内外大型企业，在销售规模还没有达到一定量级的情况 下，持续大额研发投入和激烈竞争导致的产品毛利率不高是导致公司尚未实现盈利的主要因素。 三、重大风险提示 公司已在本报告中详细阐述公司在经营过程中可能面临的各种风险及应对措施，敬请查阅本报告 第三节"管理层讨论与分析"。 四、公司全体董事出席董事会会议。 五、普华永道中天会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 六、公司负责人戴保家、主管会计工作负责人杨新华及会计机构负责人（会计主管人员）沈妍 声明：保证年度报告中财务报告的真实、准 ...