Core Viewpoint - Gansu Blue Science and Technology Petrochemical High-tech Equipment Co., Ltd. reported a net profit attributable to the parent company of CNY 20,946,276.52 for the first half of 2025, while the consolidated financial statements showed an undistributed profit of -CNY 195,795,467.89, indicating financial challenges and no profit distribution planned [1]. Company Overview - The company is listed on the Shanghai Stock Exchange under the stock code 601798, previously known as ST Blue Science [1]. - As of the end of the reporting period, total assets amounted to CNY 2,291,062,334.88, reflecting a 1.02% increase from the previous year [1]. Financial Performance - The company's operating revenue for the reporting period was CNY 412,266,026.63, representing a 20.78% increase compared to the same period last year [1]. - The total profit for the period was CNY 21,838,129.82, a significant recovery from a loss of CNY -8,370,297.44 in the previous year [1]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 15,240,500.03, compared to a loss of CNY -12,053,711.84 in the same period last year [1]. - The net cash flow from operating activities was -CNY 43,719,215.24, a decline of 368.34% from CNY 16,292,458.25 in the previous year [1]. Shareholder Structure - The top ten shareholders include state-owned enterprises such as China National Machinery Industry Corporation and Su Mei Da Co., Ltd., with the largest shareholder holding 22.04% of the shares [2][3]. - The company has a total of 27,027 shareholders as of the reporting period [1]. Significant Events - The company announced a significant transaction involving the acquisition of 100% equity in Blue Asia Testing and 51% equity in China Air Separation, funded mainly through self-owned or self-raised funds [6]. - A share transfer agreement was signed, where China National Machinery will transfer 60,000,000 shares to Su Mei Da, resulting in Su Mei Da becoming the controlling shareholder with 21.72% of the total shares [6].
蓝科高新: 甘肃蓝科石化高新装备股份有限公司2025年半年度报告摘要