Summary of Key Points Core Viewpoint - The Jiangxi Provincial Market Supervision Administration has published the results of the quality supervision sampling of agricultural products for 2025, revealing that out of 65 batches sampled, 13 batches were found to be non-compliant with quality standards [2]. Group 1: Quality Inspection Results - A total of 65 batches of agricultural products were sampled for quality inspection [2]. - 13 batches were identified as non-compliant, indicating a non-compliance rate of approximately 20% [2]. - The inspection covered various types of fertilizers, including organic fertilizers and compound fertilizers [3][4]. Group 2: Specific Non-Compliant Products - Among the non-compliant products, specific instances include: - A refined organic fertilizer from Jiujiang Huisheng Biotechnology Co., Ltd. failed to meet the total nutrient and organic matter requirements [3]. - Several compound fertilizers from companies such as Jiangxi Xin Yangfeng Fertilizer Co., Ltd. and Jiangxi Huade Ecological Fertilizer Co., Ltd. were also flagged for non-compliance [4][5]. - The main non-compliance issues identified were related to nutrient content and the presence of harmful substances [3][4]. Group 3: Compliance of Other Products - Despite the non-compliance of some products, many others passed the quality inspection, including: - Organic fertilizers from Jiujiang Liyilai Biotechnology Co., Ltd. and Jiujiang Leyi Organic Fertilizer Co., Ltd. [3]. - Compound fertilizers from Jiangxi Huade Ecological Fertilizer Co., Ltd. and Jiangxi Xin Yangfeng Fertilizer Co., Ltd. were compliant with the required standards [4][5].

Core Viewpoint - The company, Bomesc Marine Engineering Co., Ltd., is set to hold a half-year performance briefing on July 28, 2025, to discuss its operational results and financial status for the first half of 2025, allowing investors to engage in interactive communication [1][2]. Group 1: Meeting Details - The meeting is scheduled for July 28, 2025, from 09:00 to 10:00 [1][2]. - It will take place at the Shanghai Stock Exchange Roadshow Center, accessible online [1][2]. - The format of the meeting will be an online interactive session [1][2]. Group 2: Participation Information - Investors can submit questions from July 21 to July 25, 2025, through the Shanghai Stock Exchange Roadshow Center or via the company's email [2][3]. - The company will address commonly asked questions during the briefing [2][3]. - Key personnel attending the meeting include the Chairman and President, the Secretary of the Board, the Chief Financial Officer, an Independent Director, and the Manager of the Securities Department [2]. Group 3: Contact Information - The Securities Department can be contacted at phone number 022-66219991 or via email at securities@bomesc.com for inquiries [3]. - After the meeting, investors can view the session's details and main content on the Shanghai Stock Exchange Roadshow Center [3].

关于召开 2025 年半年度业绩说明会的公告 证券代码：603727 证券简称：博迈科 公告编号：临 2025-029 博迈科海洋工程股份有限公司 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： 投资者可于 2025 年 07 月 21 日（星期一）至 07 月 25 日（星期五）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过博迈科海洋工程 股份有限公司（以下简称"公司"）邮箱 securities@bomesc.com 进行提问。公 司将在说明会上对投资者普遍关注的问题进行回答。 公司拟于 2025 年 07 月 26 日发布公司 2025 年半年度报告，为便于广大投资 者更全面深入地了解公司 2025 年半年度经营成果、财务状况，公司计划于 2025 年 07 月 28 日（星期一）09:00-10:00 举行 2025 半年度业绩说明会，就投资者关 心的问题进行交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 半年度的经营成 果及财务指标的具体情况与投 ...

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： ● 业绩预告的具体适用情形：实现盈利，且净利润与上年同期相比下降50.00%以上。 ● 博迈科海洋工程股份有限公司（以下简称"公司"）预计2025年半年度实现归属于母公司所有者的净利 润1,200.00万元左右，与上年同期（法定披露数据，下同）相比，将下降81.03%左右。 一、本期业绩预告情况 （一）业绩预告期间 2025年1月1日至2025年6月30日。 二、上年同期经营业绩和财务状况 （一）利润总额：6,776.96万元。归属于母公司所有者的净利润：6,324.46万元。归属于母公司所有者的 扣除非经常性损益的净利润：8,256.43万元。 （二）每股收益：0.23元。 三、本期业绩预减的主要原因 公司半年度业绩较去年同期下降超50%，主要系2025年上半年国际政治经济局势复杂多变所致：俄乌冲 突持续、美国贸易保护主义升温、中东等地缘政治影响扩大，全球范围内受其涟漪效应波及，国际局势 延续近年动荡态势。 （二）业绩预告情况 1. 经财务部门初步测算，预计20 ...

A股油气开采板块盘初下挫，*ST新潮跌超4%，博迈科、通源石油、准油股份等均跌超3%，科力股 份、本肯能源等跟跌。 ...

BOMESC Offshore Engineering Company Limited 2025 Semi-Annual Performance Pre-announcement [Current Period Performance Forecast](index=1&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E6%83%85%E5%86%B5) The company forecasts a significant year-on-year decline in both net profit attributable to shareholders and non-recurring items excluded net profit for H1 2025, based on unaudited preliminary figures 2025 Semi-Annual Performance Forecast | Indicator | 2025 Semi-Annual Forecast (CNY million) | Prior Period (CNY million) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | Approx. 12.00 | 63.24 | Decrease approx. 81.03% | | Net Profit Attributable to Parent Company Shareholders (Excluding Non-Recurring Items) | Approx. 0.80 | 82.56 | Decrease approx. 99.03% | - The forecast period for this performance pre-announcement is from January 1, 2025, to June 30, 2025[3](index=3&type=chunk) - The company explicitly states that this performance forecast has not been audited by a certified public accountant[5](index=5&type=chunk) [Prior Period Performance Review](index=1&type=section&id=%E4%BA%8C%E3%80%81%E4%B8%8A%E5%B9%B4%E5%90%8C%E6%9C%9F%E7%BB%8F%E8%90%A5%E4%B8%9A%E7%BB%A9%E5%92%8C%E8%B4%A2%E5%8A%A1%E7%8A%B6%E5%86%B5) In the corresponding period of 2024, the company achieved a net profit attributable to parent company shareholders of **63.24 million CNY**, with non-recurring items excluded net profit at **82.56 million CNY**, and basic earnings per share of **0.23 CNY** 2024 Semi-Annual Key Financial Data | Indicator | Amount (CNY million) | | :--- | :--- | | Total Profit | 67.77 | | Net Profit Attributable to Parent Company Shareholders | 63.24 | | Net Profit Attributable to Parent Company Shareholders (Excluding Non-Recurring Items) | 82.56 | | Earnings Per Share | 0.23 | [Analysis of Main Reasons for Performance Decline](index=2&type=section&id=%E4%B8%89%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%87%8F%E7%9A%84%E4%B8%BB%E8%A6%81%E5%8E%84%E5%9B%A0) The company attributes the significant H1 2025 performance decline to complex international geopolitical and economic factors, including the Russia-Ukraine conflict, rising US trade protectionism, and escalating Middle East geopolitical risks, while adopting prudent operational strategies for long-term sustainable development despite short-term pressure - External macroeconomic factors contributing to the performance decline include the ongoing Russia-Ukraine conflict, rising US trade protectionism, and expanding geopolitical influences in the Middle East[8](index=8&type=chunk) - To address market changes, the company adjusted its strategy and adopted prudent operational measures, leading to temporary fluctuations in operating performance[8](index=8&type=chunk) - Management believes the current strategic adjustments are positive changes aimed at ensuring the company's long-term development, positioning it for future market competition and sustainable growth[8](index=8&type=chunk) [Risk Warning](index=2&type=section&id=%E5%9B%9B%E3%80%81%E9%A3%8E%E9%99%A9%E6%8F%90%E7%A4%BA) The company confirms the absence of significant uncertainties that could impact the accuracy of this performance pre-announcement - The company declares no uncertain factors exist that would affect the accuracy of this performance pre-announcement[9](index=9&type=chunk) [Other Notes](index=2&type=section&id=%E4%BA%94%E3%80%81%E5%85%B6%E4%BB%96%E8%AF%B4%E6%98%8E%E4%BA%8B%E9%A1%B9) The company emphasizes that the disclosed financial data are preliminary, with final accurate figures subject to the official 2025 semi-annual report, and advises investors to be aware of investment risks - The financial data in this announcement are preliminary, with final results subject to the company's officially disclosed 2025 semi-annual report[10](index=10&type=chunk) - The company urges investors to be mindful of investment risks[10](index=10&type=chunk)

Summary of Deep Sea Technology Conference Call Industry Overview - The conference call focuses on the deep sea technology industry, emphasizing its critical role in national defense and energy security, particularly in domestic game development, which has a high reliance on foreign resources [1][2]. Key Points and Arguments - **Importance of Deep Sea Technology**: Deep sea technology is vital for national defense and resource security, especially in the context of domestic energy needs related to game development, which has over 30% foreign dependency [2]. - **Challenges in Deep Sea Technology**: The primary challenge is the depth of operations. Current domestic capabilities are limited to shallow water projects, with deeper projects still reliant on foreign contractors. However, advancements in geological exploration and core equipment are being made [3]. - **Global Supply Chain Shift**: The global supply chain is shifting towards the Asia-Pacific region, enhancing China's position as a key supplier in the deep sea industry. Increased demand from Southeast Asia, South America, and North Africa is driving this change [4]. - **Geopolitical Factors**: Geopolitical dynamics in regions like the South China Sea and East China Sea are influencing deep sea outsourcing. As China's strength grows, uncertainties decrease, paving the way for more high-level deep sea projects [5]. - **Optimistic Development Outlook**: The development prospects in the South China Sea and nearby areas are optimistic, with significant potential near Shenzhen Bay and Hainan. The economic viability of deep sea oil and gas development is improving, with costs dropping to approximately $30 per barrel [6][7]. - **Technological and Economic Advances**: The feasibility of deep sea oil and gas development is increasing, with costs significantly reduced through standardized production methods. Projects in Hainan are progressing, with significant procurement activities indicating steady advancement in domestic capabilities [8]. - **Impact on Related Companies**: The growth of deep sea technology will positively impact companies like CNOOC Services, Haiyou Engineering, Bomeike, and Deweier, suggesting a focus on firms with strong performance and valuation advantages in the deep sea sector [9]. - **Energy Security and Related Fields**: Energy security is a driving force behind the development of domestic deep sea technology, which is interconnected with military, communication, non-ferrous metals, and chemical industries, necessitating enhanced collaboration across these sectors [10]. Additional Important Insights - The call highlights the strategic importance of deep sea technology in enhancing national energy security and reducing reliance on foreign resources, particularly in critical sectors like gaming and defense [1][2]. - The ongoing advancements in technology and the shift in global supply chains are expected to create significant opportunities for growth in the deep sea sector over the next three to five years [4].

Group 1 - The core viewpoint of the report indicates that the U.S. economy is experiencing a short-term slowdown in growth, while expectations for fiscal and monetary easing are rising, leading to a significant increase in U.S. stock markets and a weakening dollar [2][3] - The report highlights that the U.S. Senate's procedural vote on the "Big and Beautiful" bill is expected to promote fiscal expansion, alongside rising expectations for interest rate cuts by the Federal Reserve [3] - The report notes that the global manufacturing cycle remains resilient, with the manufacturing PMI in the U.S., Eurozone, and Japan showing signs of recovery despite a general cooling in growth momentum [3] Group 2 - The report discusses the energy transition sector, emphasizing the support from U.S. tech companies for controllable nuclear fusion and the potential for natural uranium sector opportunities due to global nuclear power policy resonance [4] - It mentions that domestic transformer export value increased by 33% from January to May, indicating strong demand in the electrical equipment sector [4] - The report outlines that China's grid construction investment reached 204 billion yuan from January to May, reflecting a 19.8% year-on-year increase, and highlights the planning for an additional 253 GW of solar power installations by 2030 [4] Group 3 - The report from the International Bank for Settlements (BIS) discusses the limitations of stablecoins in meeting the three main standards of currency, suggesting they may only serve as a supplementary role in the financial system [5] - It acknowledges the efficiency and cost-reduction benefits of stablecoins in payments, particularly in cross-border transactions, and advocates for a comprehensive tokenization of the financial system [5] Group 4 - The report emphasizes the importance of high dividend stocks, noting that while the performance of high dividend sectors has been mixed, there is still long-term value in these investments [10] - It highlights that the banking and non-banking sectors have performed relatively well within the high dividend category, despite recent adjustments in the banking sector [10] Group 5 - The report indicates that China's crude oil demand is expected to stabilize between 760-770 million tons from 2025 to 2027, with a year-on-year growth rate of 0.5%-0.6%, shifting the growth engine from fuel to materials [11] - It predicts that China's contribution to global crude oil demand growth will significantly decline, leading to a potential downtrend in oil prices over the medium to long term [11] Group 6 - The report identifies structural growth opportunities in the media industry, driven by policy support, technological iterations, and product cycles, particularly in gaming and AI applications [12] - It suggests that the IP derivatives market in China is rapidly developing, with leading companies extending their industrial chain layouts [12] Group 7 - The report discusses the investment opportunities in the technology sector, particularly in AI and electronic products, highlighting the expected growth in AI computing power demand and the domestic manufacturing sector's advancements [13][14] - It notes that the upcoming AI glasses and advancements in autonomous driving technology are expected to accelerate industry trends [13][14] Group 8 - The report highlights the investment potential in companies like Suzhou Bank, which is seeing increased shareholding from state-owned enterprises, indicating confidence in its growth prospects [20] - It also discusses the expansion plans of Zhongcai Technology in high-end electronic fabrics, driven by the growing demand in AI and robotics [20]

Summary of Key Points from Conference Call Industry Overview - The conference call discusses the marine economy investment opportunities, highlighting the positive impact of policy support and industry growth, similar to the Shanghai technology market but broader in scope [1][2] - The China Marine Economy Stock Price Index (932,056) has reached a new high since 2019, with a focus on small-cap stocks across various sectors including transportation, military, power equipment, machinery, agriculture, and oil & petrochemicals [1][4] Core Insights and Arguments - Deep-sea oil and gas development has become more economically viable, with cost lines dropping below $40 per barrel, leading to increased demand for marine engineering equipment such as semi-submersible drilling platforms and FPSOs, benefiting companies like CIMC, Bomei, and China Shipbuilding [1][5][6] - The exploration phase requires semi-submersible drilling platforms, while production technology varies based on offshore distance, with FPSOs being essential for deep-water operations [7][8] - The offshore wind power sector is shifting towards deep-sea development, with significant resource potential and a rebound in turbine bidding prices, expected to lead to above-expectation earnings growth by Q2 2025 for companies like Dajin Heavy Industry, New Strong Union, and Guoda Special Materials [1][10][11] Additional Important Insights - The marine economy's growth is supported by high-quality development initiatives, with key investment areas identified by President Xi Jinping including marine technology, offshore wind power modernization, deep-sea fishing, marine biomedicine, and marine tourism [2][3] - The marine economy stock price index includes over 200 components, weighted by a defined "marine attribute coefficient," indicating a bias towards small-cap stocks [4] - The deep-sea development sector is expected to significantly increase operational volumes across the marine engineering sector, benefiting companies involved in drilling platforms, FPSOs, and pipeline vessels [9] - The global submarine cable industry is undergoing a generational shift, with a projected investment growth rate of 116% by 2025, driven by the surge in AI computing demand [19] Challenges and Opportunities - The wind power industry faces challenges in 2023 and 2024, but significant improvements in component production and delivery are anticipated starting Q2 2025, with several companies already showing strong profitability [11][12] - The marine economy is expected to create opportunities in the petrochemical sector, particularly in equipment demand and the need for corrosion-resistant materials [16] - The deep-water technology industry is receiving policy support and is recognized as a strategic emerging industry, with a focus on energy security and national defense [17][18] Investment Recommendations - Investors are advised to focus on three main lines: core suppliers of national projects, high-tech barriers with urgent domestic replacement needs, and companies with proven commercial validation capabilities [23]

Key Insights - The report highlights the emergence of 10 AAA-rated technology innovation bond ETFs, which are expected to track various AAA-rated technology bond indices, indicating a growing interest in high-credit-quality bonds in the technology sector [2] - The report notes a slight recovery in the second-hand housing market, while new home sales have cooled down, suggesting a mixed outlook for the real estate sector [3] - The automotive industry is experiencing improved cash flow as major companies shorten payment terms to suppliers, which is expected to enhance the financial stability of component manufacturers [5] - The report discusses the impact of geopolitical tensions on the methanol supply chain, particularly due to reduced production in Iran, which could affect domestic prices and supply dynamics [7] - The report indicates that the potential closure of the Strait of Hormuz could increase demand for oilfield service equipment, benefiting companies in this sector [8] - The report initiates coverage on SANY Heavy Energy, projecting a target price of 30.18 CNY, driven by expected growth in the wind energy sector [9] - Alibaba's organizational restructuring is expected to enhance its competitive position in the consumer services market, with a focus on synergy between its various business units [11] - Modern Dairy is projected to face a net loss in the first half of 2025 due to impairment losses, but operational improvements are expected to stabilize its performance in the second half [12] Fixed Income Insights - The report indicates a balanced liquidity environment in the market, with a net withdrawal of 799 billion CNY from the open market, reflecting a stable funding situation [6] - The report emphasizes the importance of stablecoins evolving into a significant asset class, with projections suggesting a market cap of approximately 1.4 trillion USD by 2030 [6] Industry Trends - The report identifies a trend of reduced supply chain pressures in the automotive sector, which may lead to improved financial health for component suppliers [5] - The report highlights the potential for increased oilfield service demand due to geopolitical risks, suggesting a shift in energy security priorities among nations [8]