Group 1 - The Terahertz concept sector increased by 2.62%, ranking fifth among concept sectors, with 18 stocks rising, including ShuoBeide which hit a 20% limit up [1] - Leading stocks in the Terahertz sector included Shaanxi Huada, Leike Defense, and Taihao Technology, which rose by 4.92%, 3.85%, and 3.61% respectively [1] - The sector experienced a net inflow of 1.023 billion yuan from main funds, with 11 stocks receiving net inflows, and 5 stocks exceeding 50 million yuan in net inflow [2] Group 2 - ShuoBeide led the net inflow with 833 million yuan, followed by ZTE Communications, Haige Communications, and Tianhai Defense with net inflows of 135 million yuan, 114 million yuan, and 76.79 million yuan respectively [2] - The net inflow ratios for ShuoBeide, Leike Defense, and Haige Communications were 26.89%, 10.30%, and 9.03% respectively [3] - The trading volume and turnover rates for leading stocks in the Terahertz sector were significant, with ShuoBeide showing a turnover rate of 39.04% [3]

股票代码：600590 股票简称：泰豪科技 公告编号：临 2025-053 泰豪科技股份有限公司 关于第二大股东部分股份质押的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示: 截至本公告披露日，公司第二大股东泰豪集团有限公司（以下简称"泰 豪集团"）持有泰豪科技股份有限公司（以下简称"公司"）股份 128,569,272 股，占公司总股本的 15.07%；泰豪集团及其一致行动人黄代放先生合计持有公 司股份 131,194,971 股，占公司总股本的 15.38%。本次股份质押后，泰豪集团 累计 127,500,000 股股份被质押，占其持股总数的 99.17%，占本公司总股本的 14.95%；泰豪集团及其一致行动人黄代放先生累计质押 127,500,000 股，占本公 司总股本的 14.95%。 2025 年 7 月 28 日，公司收到第二大股东泰豪集团关于部分股份质押的通知， 具体情况如下： 一、本次股份质押基本情况 2025 年 7 月 25 日，泰豪集团将其持有的公司 14,500,000 股无限售流 ...

Core Viewpoint - The company is proposing significant governance changes at the 2025 Extraordinary General Meeting, including the cancellation of the supervisory board and amendments to the articles of association to enhance corporate governance and compliance with legal regulations [1][2]. Group 1: Meeting Details - The Extraordinary General Meeting is scheduled for August 1, 2025, at 14:00, with both on-site and online voting options available [1]. - The meeting will take place at the Taihao Military Industrial Building, Nanchang National High-tech Development Zone, Jiangxi [1]. Group 2: Proposal to Cancel the Supervisory Board - The company plans to abolish the supervisory board, transferring its powers to the audit committee of the board of directors, in line with updated legal requirements [2]. - The amendments to the articles of association will include the removal of provisions related to the supervisory board and updates to the audit committee's responsibilities [2]. - This proposal has already been approved by the company's ninth board of directors and supervisory board meetings on July 16, 2025, and requires a two-thirds majority vote from shareholders present at the meeting [2]. Group 3: Amendments to Meeting Rules - The company is proposing revisions to the "Rules of Shareholders' Meetings" to align with the latest legal standards and to standardize terminology [3]. - The revised rules will replace references to "shareholders' general meeting" with "shareholders' meeting" [3]. - This amendment has also been approved by the board of directors on July 16, 2025, and is presented for shareholder review [3]. Group 4: Amendments to Board Meeting Rules - The company intends to revise the "Rules of Board Meetings" to further standardize decision-making processes and enhance the board's operational effectiveness [4]. - The updated rules will reflect changes made in the articles of association and are aimed at improving governance practices [4]. - This proposal has been approved by the board of directors on July 16, 2025, and is submitted for shareholder consideration [4].

Core Viewpoint - The announcement details the share pledge and unpledge activities of Taihao Technology Co., Ltd., highlighting significant changes in shareholding and the implications for the company's capital structure [1][2]. Group 1: Shareholding Structure - Taihao Group holds 128,569,272 shares, representing 15.07% of the total share capital of Taihao Technology [1]. - Taihao Group and its concerted party, Mr. Huang Daifang, collectively own 131,194,971 shares, accounting for 15.38% of the total share capital [1]. Group 2: Share Pledge and Unpledge Details - A total of 32,500,000 shares were released from pledge, which is 25.28% of Taihao Group's holdings and 3.81% of the company's total share capital [1]. - After the unpledging, Taihao Group has 95,000,000 shares still pledged, which is 73.89% of its holdings and 11.14% of the company's total share capital [1]. Group 3: New Pledge Information - 18,000,000 shares were pledged to Beijing Bank Nanchang Branch, with the pledge registration completed on July 23, 2025, and set to expire on July 17, 2028 [1]. - The pledged shares represent 14.00% of Taihao Group's holdings and 2.11% of the company's total share capital [1].

股票代码：600590 股票简称：泰豪科技 公告编号：临 2025-052 泰豪科技股份有限公司 关于第二大股东部分股份解除质押及再质押的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示: 截至本公告披露日，公司第二大股东泰豪集团有限公司（以下简称"泰 豪集团"）持有泰豪科技股份有限公司（以下简称"公司"）股份 128,569,272 股，占公司总股本的 15.07%；泰豪集团及其一致行动人黄代放先生合计持有公 司股份 131,194,971 股，占公司总股本的 15.38%。本次股份解除质押及再质押 后，泰豪集团累计 113,000,000 股股份被质押，占其持股总数的 87.89%，占本 公司总股 本的 13.25% ；泰豪集团 及其一致行动人 黄代放先生累计 质押 113,000,000 股，占本公司总股本的 13.25%。 2025 年 7 月 24 日，公司收到第二大股东泰豪集团关于部分股份解除质押及 股份再质押的通知，具体情况如下： 一、本次股份解质押基本情况 2025 年 7 月 23 日，泰豪 ...

泰豪科技股份有限公司 2025 年第一次临时股东大会会议资料 泰豪科技股份有限公司 2025 年第一次临时股东大会会议资料 二○二五年八月 | 泰豪科技股份有限公司 2025 年第一次临时股东大会会议议程 2 | | --- | | 关于取消监事会并修订《公司章程》的议案 3 | | 关于修订《股东会议事规则》的议案 4 | | 关于修订《董事会议事规则》的议案 5 | 泰豪科技股份有限公司 2025 年第一次临时股东大会会议资料 泰豪科技股份有限公司 2025 年第一次临时股东大会会议议程 2 现场会议时间：2025 年 8 月 1 日（周五）14:00 网络投票时间：通过交易系统投票平台的投票时间为股东大会召开当日的交 易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过互联网投票平台 的投票时间为股东大会召开当日的 9:15-15:00 现场地点：江西南昌国家高新开发区泰豪军工大厦一楼会议室 会议议程： 1、会议开始 2、宣读和审议议案 3、回答股东提问 4、投票表决 5、宣布表决情况 6、见证律师宣读法律意见书 7、宣读大会会议决议 8、会议结束 泰豪科技股份有限公司 ...

Core Viewpoint - The performance of Jianxin Inherent Power A fund has significantly lagged behind the market, with a year-to-date net asset value decline of 12.6% compared to a 4.68% increase in the CSI 300 index, indicating poor investment decisions and high turnover rates [1][7]. Fund Performance - Jianxin Inherent Power A has experienced a net asset value decline of 12.6% as of July 22, 2025, underperforming its benchmark by approximately 16.4 percentage points [7]. - The fund's performance has been volatile, with a decline of over 40% since the current fund manager, Sun Sheng, took over in October 2021 [5]. - Historical performance shows the fund had losses of 29.79% in 2022 and 21.94% in 2023, with a slight gain of 17.05% in 2024 [6]. Investment Strategy - The fund has a high turnover rate, with stock turnover rates of approximately 851.64%, 1140.08%, and 619.19% for the years 2022, 2023, and 2024, respectively, indicating aggressive trading strategies [8]. - As of the end of Q2 2025, the fund's stock holdings accounted for 85.72% of total assets, with the top ten holdings representing 54.94% of net asset value [8]. - The fund's investment style is aggressive, focusing heavily on the domestic computing power chain sector, which has underperformed in the second quarter of 2025 [9]. Manager Overview - Sun Sheng has managed Jianxin Inherent Power A since October 2021 and oversees a total of four funds, all of which have shown declines in net asset value this year [2][11]. - The overlapping stock holdings among the funds managed by Sun Sheng have contributed to the overall underperformance, with significant commonality in top holdings [12].

Core Viewpoint - The company, Taihao Technology, reported a stable revenue of 4.356 billion yuan for 2024, with a significant decline in military equipment revenue and a substantial increase in emergency equipment revenue, reflecting contrasting trends in its business segments [1]. Business Performance - The military equipment segment generated 1.42 billion yuan in revenue, a decrease of 31.14% year-on-year, while the emergency equipment segment achieved 2.867 billion yuan, marking a growth of 60.00% [1]. - The company's accounts receivable at the end of the period stood at 4.747 billion yuan, with a bad debt provision of 1.038 billion yuan, indicating that accounts receivable accounted for 30% of total assets [1]. Industry Context - The military electronics industry has entered a cyclical adjustment phase since 2022 due to global geopolitical conflicts and policy changes, leading to a slowdown in downstream demand and a decrease in the market size compared to the "13th Five-Year Plan" period [1]. - A total of 93 out of 143 listed companies in the military industry reported a decline in net profit for 2024, indicating the worst annual performance in nearly a decade for the sector [1]. Customer Dynamics - The revenue from the top five customers has decreased over the past three years, with their contribution to total revenue dropping from 55.86% in 2022 to 51.88% in 2024, reflecting a decline in customer concentration and demand [1]. - The direct military procurement from the top five customers has also shown a downward trend, further impacting the company's performance [1]. Emergency Equipment Growth - The emergency equipment sector has seen a stable customer base, with significant demand for emergency power products and vehicles, supported by a 45% year-on-year increase in the budget for emergency material reserves by the Ministry of Finance in 2024 [4]. - The company has maintained a leading position in the industry regarding supply chain efficiency and product quality, resulting in a growth rate that significantly outpaces its peers [6].

2024 年年度报告的信息披露 监管工作函的回复 上海证券交易所： 贵部下发的《关于泰豪科技股份有限公司 2024 年年度报告的信息披露监管 工作函》（上证公函【2025】0873 号）已收到，作为泰豪科技股份有限公司年审 会计师本着勤勉尽责、诚实守信的原则，对工作函进行了认真落实与分析，现将 有关问题的核查情况、核查意见回复如下： 一、关于主营业务。年报显示，2024 年度公司实现营业收入 43.56 亿元，同 比基本持平，其中军工装备业务实现营业收入 14.20 亿元，同比下降 31.14%； 应急装备业务实现营业收入 28.67 亿元，同比增长 60.00%。公司应收账款期末 账面余额 47.47 亿元，坏账准备余额 10.38 亿元，应收账款账面价值占总资产之 比达三成。 请公司：（1）结合各板块所处行业情况、主要客户变化、订单交付进度等， 说明业务结构变化较大的原因及其对报告期业绩产生的具体影响；（2）补充披 露各业务板块的应收账款结构、坏账计提和期后回款情况，结合主要客户的信用 风险情况说明账龄组合的坏账准备计提比例较上年存在差异的原因，并结合近 三年实际发生的坏账和逾期情况说明坏账准备计提的充分 ...

泰豪科技股份有限公司 关于上海证券交易所就公司 2024 年年度报告的 信息披露监管问询函的回复公告 股票代码：600590 股票简称：泰豪科技 公告编号：临 2025-051 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 泰豪科技股份有限公司（以下简称"泰豪科技"或"上市公司"或"公司"） 于近日收到上海证券交易所上市公司管理一部下发的《关于泰豪科技股份有限公 司 2024 年年度报告的信息披露监管问询函》（上证公函【2025】0873 号，以下 简称"《问询函》"）。 根据相关要求，现对有关情况回复如下： 一、关于主营业务。年报显示，2024 年度公司实现营业收入 43.56 亿元，同 比基本持平，其中军工装备业务实现营业收入 14.20 亿元，同比下降 31.14%； 应急装备业务实现营业收入 28.67 亿元，同比增长 60.00%。公司应收账款期末 账面余额 47.47 亿元，坏账准备余额 10.38 亿元，应收账款账面价值占总资产之 比达三成。 请公司：（1）结合各板块所处行业情况、主要客户变化、订单交付进度等， ...