山东联创产业发展集团股份有限公司 2025 年半年度报告全文 山东联创产业发展集团股份有限公司 2025 年半年度报告 2025-049 2025 年 8 月 16 日 1 山东联创产业发展集团股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准 确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 公司负责人王宪东、主管会计工作负责人王宪东及会计机构负责人(会计主管人员)韩 晓静声明：保证本半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次半年报的董事会会议。 公司存在市场竞争风险、环保风险、安全生产风险、政策变化风险，敬请广大投资者 注意投资风险。详细内容见本报告"第三节 管理层讨论与分析"中" 十、公司面临的风 险和应对措施"。 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 | 公司简介和主要财务指标 6 | | 第三节 | 管理层讨论与分析 9 | | 第四节 | 公司 ...

Market Overview - The Shanghai Composite Index closed at 3696.77 points, above the annual line, with an increase of 0.83% [1] - The total trading volume of A-shares reached 22,728.38 billion yuan [1] Stocks Breaking Annual Line - A total of 97 A-shares have surpassed the annual line today, with notable stocks showing significant deviation rates [1] - The stocks with the highest deviation rates include: - Mingyang Electric: 8.12% deviation, closing price at 43.45 yuan, with a daily increase of 14.49% and turnover rate of 11.79% [1] - Baike Biological: 6.78% deviation, closing price at 25.40 yuan, with a daily increase of 8.09% and turnover rate of 2.70% [1] - ST Lianchuang: 5.16% deviation, closing price at 5.49 yuan, with a daily increase of 5.78% and turnover rate of 3.46% [1] Additional Stocks with Minor Deviations - Other stocks that have just crossed the annual line with smaller deviation rates include: - Times Electric: 3.99% deviation, closing price at 4.01 yuan, with a daily increase of 4.16% and turnover rate of 1.11% [1] - Xinda Real Estate: 3.99% deviation, closing price at 39.82 yuan, with a daily increase of 8.35% and turnover rate of 5.62% [1] - China National Materials: 3.76% deviation, closing price at 9.01 yuan, with a daily increase of 4.16% and turnover rate of 3.74% [1]

专题：专题|2024年度A股董秘数据报告：1144位董秘年薪超百万 占比超21% 董秘作为连接投资者与上市公司的"桥梁"，在上市公司资本运作中发挥着关键作用。新浪财经《2024年 度A股董秘数据报告》显示，2024年A股上市公司董秘薪酬合计达40.86亿元，平均年薪75.43万元。 分行业来看，化学制品行业董秘薪酬总额1.24亿元，平均年薪70.7万元。 注：数据来源于choice，截止2024年末任期不满1年的不参与统计。计算薪酬同比变动幅度时，截止 2023年末任期不满1年的不参与统计。 按年龄来看，化学制品行业董秘年龄普遍超过（含）40岁，最年轻董秘为圣达生物实控人洪爱之女朱怡 萱，1999年生，硕士学历，2023年3月起任公司董秘，彼时年仅24岁。 2024年，朱怡萱薪酬66.1万元，与上年持平，略低于行业平均薪酬，但高于同行业55%以上的董秘。公 司经营业绩层面，圣达生物2024年营收为8.27亿元，同比增长13.75%，净利润为0.29亿元，同比增长 154.43%。 按职务重合来看，存在董秘兼任CFO情形的上市公司占比17.14%。 按任职时长来看，百川股份陈慧敏自2006年12月起任公司董秘， ...

专题：专题|2024年度A股董秘数据报告：1144位董秘年薪超百万 占比超21% 董秘作为连接投资者与上市公司的"桥梁"，在上市公司资本运作中发挥着关键作用。新浪财经《2024年 度A股董秘数据报告》显示，2024年A股上市公司董秘薪酬合计达40.86亿元，平均年薪75.43万元。 分行业来看，化学制品行业董秘薪酬总额1.24亿元，平均年薪70.7万元。 按学历来看，化学制品行业董秘学历以本科为主，占比46.86%，其次为硕士，占比40%，大专占比 10.29%。 按年龄来看，化学制品行业董秘年龄普遍超过（含）40岁，最年轻董秘为圣达生物实控人洪爱之女朱怡 萱，1999年生，硕士学历，2023年3月起任公司董秘，彼时年仅24岁。 2024年，朱怡萱薪酬66.1万元，与上年持平，略低于行业平均薪酬，但高于同行业55%以上的董秘。公 司经营业绩层面，圣达生物2024年营收为8.27亿元，同比增长13.75%，净利润为0.29亿元，同比增长 154.43%。 按职务重合来看，存在董秘兼任CFO情形的上市公司占比17.14%。 广东宏大董秘郑少娟薪酬涨幅最高，年薪238.27万元，上年为73.77万元，同比大幅增长2 ...

Core Insights - The report highlights the significant role of CFOs in listed companies, with the total salary for CFOs in A-share companies reaching 4.27 billion yuan in 2024, averaging 814,800 yuan per year [1] - The chemical products industry shows a total CFO salary of 115 million yuan, with an average salary of 778,800 yuan, reflecting a year-on-year increase of 13.68% [1] Salary Overview - 25 companies have CFOs earning over 1 million yuan, accounting for 16.89% of the total in the chemical products industry [2] - The highest-paid CFO is from Jianghan New Materials, earning 5.62 million yuan, approximately 7.2 times the industry average [2] - The lowest-paid CFO is from Tongde Chemical, with a salary of 173,000 yuan, only 22.21% of the industry average [2] Performance Metrics - Jianghan New Materials reported a revenue of 2.22 billion yuan in 2024, down 2.7%, with a net profit of 602 million yuan, a decrease of 8% [2] - Tongde Chemical's revenue fell to 545 million yuan, down 43.5%, with a net loss of 72 million yuan, a decline of 116.4% [2] - ST Ningke's CFO saw the highest salary increase of 270%, with a salary of 451,000 yuan, while the company reported a revenue of 345 million yuan, up 20.9%, but a net loss of 539 million yuan, down 16% [2] - Yinuowei's CFO experienced the largest salary decrease of 67.3%, with a salary of 942,200 yuan, while the company achieved a revenue of 6.86 billion yuan, up 8.9%, and a net profit of 177 million yuan, up 38.7% [2] Regulatory Compliance - In 2024, 13 CFOs in the chemical products industry faced penalties related to administrative regulatory measures [3][4][5][6][7][8][9][10][11][12][13] - Specific penalties included warnings and fines, with notable cases such as the CFOs of Poly United and Jinlitai receiving fines of 800,000 yuan and 500,000 yuan respectively [3][4]

Robotics - Haosen Intelligent has established deep cooperation with Zhiyuan Robotics [1] - Shenzhen Huaqiang is advancing business cooperation with Yushu Technology, with its merchants selling Yushu robot products [1] - Qilin Xinan has initiated cooperation and R&D adaptation with Super Energy Robotics for its embedded operating system [1] - Guangpu Co., Ltd. has not invested in Yushu Robotics [1] Automotive - Top Group provides chassis-related components and air suspension products for Xiaomi's automotive offerings [1] - China Automotive Holdings has no plans to acquire platforms like Dongche Di and Autohome [1] Film Industry - Happiness Blue Sea is a co-producer of the film "Nanjing Photo Studio," which is currently being screened, with a low investment ratio [1] Pharmaceuticals - Kangyuan Pharmaceutical is conducting Phase II clinical trials for ZX2021 targeting overweight/obesity, with key progress expected by Q4 2025 [1] Other Industries - Ganfeng Lithium reports normal production and transportation at the Goulamina mine in Mali [1] - Tianfu Communication's second phase project in Thailand is expected to complete equipment debugging and sample production soon [1] - Hengtong Optoelectronics' 800G optical module products have passed testing with leading switch equipment manufacturers [1] - Mankun Technology's through-hole boards have a production capacity of 24 layers, while HDI boards have a 10-layer 3-stage production capacity [1] - Jinlei Co., Ltd.'s high-end transmission equipment science and technology park project phase one has entered the debugging stage as planned [1] - Yishitong's Chongqing base's "annual production of 9,800 tons of thermally conductive spherical alumina project" is expected to officially start production by the end of September [1] - Zhongxin Fluorine Materials is actively promoting market expansion and certification for lightweight materials [1] - ST Lianchuang's fourth-generation refrigerant can be used for AI computing hardware cooling [1] - General Co., Ltd. reports that order conditions at its production bases in Thailand and Cambodia are gradually returning to normal [1] - Tom Cat's custom "Tom Cat Emotional Companion Vertical Model" has been used in its AI emotional companion robot products [1] - Yibo Technology's PCB factory financial indicators are improving month by month [1]

Group 1 - The company has a total production capacity of 20,000 tons for the fourth-generation refrigerant, which includes the original capacity and an additional capacity achieved through technological upgrades [2] - The company has completed the construction of the additional 10,000 tons capacity and has received approval for trial production, currently entering the trial production and debugging phase [2] - The fourth-generation refrigerant does not require production quotas [2]

Core Viewpoint - The company ST Lianchuang (300343.SZ) confirmed that it still holds a portion of production quotas for hydrochlorofluorocarbons (HCFCs) and hydrofluorocarbons (HFCs), which are managed by its wholly-owned subsidiary, Shandong Huaan New Materials Co., Ltd [2] Group 1 - The Ministry of Ecology and Environment has announced adjustments to the production quotas for HCFCs and HFCs for the year 2025 [2] - Investors inquired about the absence of the company's name in the recent quota adjustments [2] - The company directed investors to refer to the relevant documents and attachments from the Ministry of Ecology and Environment for more details [2]

Core Viewpoint - ST Lianchuang (300343.SZ) has indicated that the company is not currently involved in the production of fluorinated liquid electronic cooling products, but its fourth-generation refrigerants can be utilized for cooling AI computing hardware [1] Company Summary - ST Lianchuang does not have any current involvement in fluorinated liquid electronic cooling products [1] - The company's fourth-generation refrigerants are applicable for AI computing hardware cooling [1]

Group 1 - The core point of the article is that ST Lianchuang announced a share buyback plan, repurchasing approximately 12.1 million shares, which represents 1.13% of the total share capital, with a total expenditure of about 50.19 million yuan [2] Group 2 - As of July 31, 2025, the company has conducted the share buyback through a special securities account via centralized bidding, with the highest transaction price at 4.28 yuan per share and the lowest at 3.93 yuan per share [2] - For the fiscal year 2024, the revenue composition of ST Lianchuang is as follows: fluorine-containing new materials account for 71.34%, while polyurethane new materials account for 28.66% [2]