中信科移动通信技术股份有限公司2025年半年度报告摘要

Core Viewpoint - The report provides a comprehensive overview of the company's financial performance, fundraising activities, and asset impairment provisions for the first half of 2025, ensuring compliance with relevant regulations and transparency in financial reporting [4][30]. Group 1: Company Overview - The company, 中信科移动通信技术股份有限公司 (CITIC Telecom), is listed under the stock code 688387 and focuses on mobile communication technology [2]. - The board of directors and supervisory board confirm the authenticity and completeness of the half-year report, with no significant risks affecting operations during the reporting period [1][2]. Group 2: Financial Data - The total amount raised from the initial public offering was RMB 413,668.75 million, with a net amount of RMB 401,132.53 million after deducting issuance costs [4]. - As of June 30, 2025, the cumulative investment from the raised funds amounted to RMB 328,740.90 million, leaving a balance of RMB 84,906.05 million [5]. Group 3: Fund Management - The company has established a dedicated account for managing the raised funds, ensuring compliance with legal and regulatory requirements [4]. - The company has utilized part of the idle raised funds for cash management, with a balance of RMB 670 million as of June 30, 2025 [10]. Group 4: Asset Impairment - The company recognized an asset impairment provision of RMB 96.98 million for the first half of 2025, which includes provisions for inventory and credit losses [30]. - The impairment testing was conducted in accordance with accounting standards, ensuring a fair representation of the company's financial status [30]. Group 5: Corporate Governance - The supervisory board approved the half-year report and the special report on the use of raised funds, confirming adherence to regulatory guidelines and the absence of any misuse of funds [22][19]. - The company has not made any changes to the fundraising projects or used excess funds for operational expenses during the reporting period [12][10].