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晓鸣股份: 2025年半年度报告摘要

Core Viewpoint - Ningxia Xiaoming Agricultural and Animal Husbandry Co., Ltd. reported significant growth in revenue and net profit for the first half of 2025, indicating a strong operational performance despite a decrease in total assets [1][4]. Financial Performance - The company's operating revenue reached approximately 751.81 million yuan, a 93.65% increase compared to 388.24 million yuan in the same period last year [1]. - The net profit attributable to shareholders was approximately 184.72 million yuan, showing a remarkable increase of 733.34% from a loss of 29.17 million yuan in the previous year [1]. - The net cash flow from operating activities was approximately 223.61 million yuan, representing a 272.39% increase from 60.05 million yuan [1]. - Basic earnings per share increased to 0.9928 yuan, a 738.46% rise from -0.1555 yuan [1]. Financial Position - Total assets at the end of the reporting period were approximately 1.66 billion yuan, a decrease of 1.50% from 1.69 billion yuan at the end of the previous year [4]. - The net assets attributable to shareholders increased by 16.08% to approximately 907.92 million yuan from 782.16 million yuan [4]. - The company's asset-liability ratio improved to 45.35% from 53.63% in the previous year [7]. Shareholder Structure - The largest shareholder, Wei Xiaoming, holds 42.63% of the shares, while other significant shareholders include Guangzhou Xie Nuo Chen Tu Investment Management Co., Ltd. with 12.03% [2][5]. - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period [6]. Important Events - The company terminated its 2021 restricted stock incentive plan, resulting in the repurchase and cancellation of 1,942,875 shares [7]. - The company’s convertible bonds, known as "Xiaoming Convertible Bonds," have led to an increase of 12,337 shares due to conversion [7][8].