主要产品广告喷墨打印材料毛利率下降 福莱新材的产品主要分为广告喷墨打印材料、标签标识印刷材料、电子级功能材料、功能基膜材料、胶 粘材料等工业消费品及高端智能装备。 分产品来看，公司各项业务发展呈现分化态势。半年报显示，上半年广告喷墨打印材料作为公司的主要 业务，实现收入6.23亿元，同比增长3.27%，但由于市场竞争激烈，毛利率下降了2.14个百分点。 标签标识印刷材料业务表现亮眼，实现收入4.19亿元，同比大幅增长28.42%。这主要得益于公司积极开 拓海外市场并优化产品结构，该业务毛利率也因此增加了1.32个百分点。 每经记者｜王佳飞 每经编辑｜张海妮 8月22日晚间，福莱新材（605488.SH，股价34.64元，市值97.06亿元）公布了2025年半年度报告：上半 年公司"增收不增利"，营业收入为13.34亿元，同比增长15.40%；归母净利润为5093.48万元，同比下降 19.58%。 值得关注的是，福莱新材表示，2025年上半年公司在柔性传感器领域实现了多项技术突破与商业化进 展，首条柔性传感器中试产线建成投产，具备批量供货能力。 电子级功能材料业务收入增长显著，实现收入5270万元，同比增长2 ...

Company Performance - As of August 19, 2025, the stock price of China Shipbuilding Industry Corporation Han Guang (300847) closed at 20.18 yuan, down 0.93% with a turnover rate of 4.41% and a trading volume of 130,700 hands, amounting to 265 million yuan in transaction value [1] - The latest financial results show that for the first half of 2025, the company reported total operating revenue of 595 million yuan, a year-on-year increase of 4.01%, while net profit attributable to shareholders was 57.09 million yuan, a decrease of 6.61% year-on-year [1] - The company's non-recurring net profit was 56.55 million yuan, down 5.11% year-on-year, with a current ratio of 8.305, quick ratio of 6.530, and a debt-to-asset ratio of 8.60% [1] Capital Flow - On the day of reporting, the main capital saw a net outflow of 21.55 million yuan, accounting for 8.12% of the transaction value, with large orders experiencing a net outflow of 14.30 million yuan, representing 5.39% of the transaction value [1] - The small orders, however, saw a net inflow of 28.29 million yuan, which accounted for 10.65% of the transaction value [1] Company Background - China Shipbuilding Industry Corporation Han Guang was established in 2000 and is located in Handan City, primarily engaged in the printing and recording media replication industry [2] - The company has a registered capital of 296.01 million yuan and a paid-in capital of 190.39 million yuan, with Huang Lixin serving as the legal representative [1][2] - The company has made investments in 2 enterprises, participated in 2,283 bidding projects, holds 18 trademark registrations, and has 51 patents, along with 12 administrative licenses [2]

Core Insights - The company, China Shipbuilding Han Guang (300847), reported a revenue of 595 million yuan for the first half of 2025, reflecting a year-on-year growth of 4.01% [1] - The net profit for the same period was approximately 57.09 million yuan, showing a decline of 6.61% compared to the previous year [1] - The basic earnings per share (EPS) stood at 0.1929 yuan, with a weighted average return on equity (ROE) of 3.97% [1]

2025年第二季度，中国企业经营韧性延续。 4月，美国新一届政府宣布对中国关键产业加征关税，幅度与范围超出市场预期，全球供应链神经紧 绷。美股与亚洲市场短暂震荡，人民币与大宗商品价格随之波动。年中美联储降息预期持续，为全球流 动性提供了些许缓冲。 国内经济同样处于微妙的平衡之中。 春节后消费修复慢于预期，房地产市场调整继续拖累上下游信心；各地政府加码基建、绿色能源和数字 经济投资，中央频频释放政策托底信号，但企业在落地执行上依然谨慎，主流策略是"守住基本盘，轻 装小步走"。二季度的企业状态，就像一支在风口边屏息的队伍——既不轻易冒进，也在等待下一阵东 风。 长江商学院最新发布的中国产业经济景气指数（BSI）勾勒出这一季度企业的真实心理。整体来看，二 季度企业情绪呈现出三重特征：现实可守——经营状况稳中微降，核心产业托底，未出现系统性下滑； 未来可望——预期指数重回荣枯线，显示政策托底与局部市场回暖带来一丝微光；投资谨慎——投资时 机指数回落，观望情绪加重。 核心变化解读 第一，经营状况扩散指数稳中微降，韧性延续。 2025年第二季度，经营状况扩散指数为64，较上一季度的66小幅回落2个点，但仍稳居荣枯线上方， ...

Group 1 - Lushow Technology is planning to issue H-shares and list on the Hong Kong Stock Exchange, with details still under discussion [4] - Jinding Investment intends to acquire 53.29% of Nanjing Shenyuan Intelligent Technology for 213 million yuan, aiming to enhance its industrial layout and core competitiveness in the humanoid robot sector [5] - ST Yigou has reached a debt settlement agreement with Carrefour, agreeing to pay 220 million yuan to resolve outstanding debts, which will allow the company to indirectly hold 100% of Carrefour China [6][8] Group 2 - China Shipbuilding Industry Company will suspend trading from August 13 until delisting, as it plans to merge with China Shipbuilding through a share exchange [9] - Guangku Technology is set to acquire 100% of Suzhou Anjie Xun Optoelectronics, with the specific transaction price yet to be determined [10] - Shanghai Jianke's director is under disciplinary review, but this will not significantly impact the company's operations [11] Group 3 - ST Biology is planning to acquire 51% of Hunan Huize Biopharmaceutical, which is expected to constitute a major asset restructuring [12] - Peking University Pharmaceutical faces risks of a complete halt in its main business after terminating a long-term service contract with Peking University International Hospital, potentially leading to a revenue drop of approximately 1 billion yuan by 2026 [13][14] Group 4 - Jin Ying Heavy Industry has not yet engaged in business with Xinjiang Railway Co., and the impact on its operations is expected to be limited [15] - ST Suwu has initiated arbitration against Regen Biotech for breach of contract, seeking damages of 1.6 billion yuan [16] Group 5 - Heng Rui Pharmaceutical's two products have been included in the list of proposed breakthrough therapeutic varieties by the National Medical Products Administration [17] - Chengdu Huamei has successfully launched a low-power RISC-V MCU, targeting applications in IoT devices and industrial monitoring [18] Group 6 - Fosun Pharma's subsidiary has signed a licensing agreement with Expedition, which includes potential payments of up to 1.2 billion USD for development and sales milestones [19] - Runyang Technology plans to sell 51.01% of its subsidiary Air Box for 4.08 million yuan [20] Group 7 - Jishi Media has clarified that it does not participate in investments in currently released films, amid stock price volatility [22] Group 8 - Wanhua Chemical reported a net profit of 6.123 billion yuan for the first half of 2025, a decrease of 25.1% year-on-year, attributed to weak demand in overseas markets [23] - Xianggang Technology achieved a net profit of 78.32 million yuan, a significant increase of 432.14% year-on-year, driven by strong performance in its packaging and printing business [24] - Desay SV reported a net profit of 1.223 billion yuan, up 45.82% year-on-year, with plans not to distribute dividends [25] - Action Education's net profit decreased by 3.51% year-on-year, with a proposed cash dividend of 10 yuan per 10 shares [26] Group 9 - Changan Automobile and its indirect controlling shareholder plan to increase their holdings in the company by at least 5.7 million yuan [27][28] - Huasheng Tiancheng's executives have reduced their holdings between May 26 and August 8, 2025 [29] - Tianrongxin's shareholder plans to reduce up to 3% of the company's shares within three months [30] Group 10 - China Electric Power Construction's subsidiary has signed a contract worth approximately 6.994 billion yuan for a water supply expansion project in South Africa [31]

金融界消息 截至2025年8月1日收盘，劲嘉股份（002191）报收于4.0元，上涨0.76%，换手率1.09%，成 交量15.66万手，成交金额6259.82万元。 天眼查商业履历信息显示，深圳劲嘉集团股份有限公司，成立于1996年，位于深圳市，是一家以从事印 刷和记录媒介复制业为主的企业。企业注册资本145177.8834万人民币，实缴资本44430.98万人民币。公 司法定代表人为乔鲁予。 通过天眼查大数据分析，深圳劲嘉集团股份有限公司共对外投资了30家企业，参与招投标项目375次， 知识产权方面有商标信息56条，专利信息341条，此外企业还拥有行政许可69个。 来源：金融界 资金流向方面，今日主力资金净流出1002.60万元，占比成交额16.02%。其中，超大单净流出314.75万 元、占成交额5.03%，大单净流出687.84万元、占成交额10.99%，中单净流出流出378.30万元、占成交 额6.04%，小单净流入1380.90万元、占成交额22.06%。 劲嘉股份最新一期业绩显示，截至2025一季报，公司营业总收入6.35亿元、同比减少20.01%，归属净利 润6661.97万元，同比减少44. ...

中船汉光8月1日披露，截至7月31日公司股东户数为32683户，较上期（7月20日）减少2141户，环比降 幅为6.15%。这已是该公司股东户数连续第2期下降。 证券时报·数据宝统计，截至发稿，中船汉光收盘价为19.03元，下跌2.91%，本期筹码集中以来股价累 计下跌3.35%。具体到各交易日，6次上涨，4次下跌。 公司发布的一季报数据显示，一季度公司共实现营业收入2.94亿元，同比增长7.74%，实现净利润 2599.58万元，同比增长3.74%，基本每股收益为0.0900元，加权平均净资产收益率1.82%。（数据宝） 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 （文章来源：证券时报网） ...

Group 1 - The core viewpoint of the news is that Jinghua Laser (603607) has shown a decline in stock price while reporting positive financial growth in its latest quarterly results [1][3] - As of July 29, 2025, Jinghua Laser's stock closed at 23.56 yuan, down 1.46%, with a trading volume of 56,800 lots and a transaction amount of 133 million yuan [1] - The company experienced a net outflow of main funds amounting to 19.88 million yuan, which accounted for 14.89% of the transaction amount, indicating a significant selling pressure [1] Group 2 - For the first quarter of 2025, Jinghua Laser reported total operating revenue of 239 million yuan, representing a year-on-year growth of 27.05% [1] - The net profit attributable to shareholders was 25.41 million yuan, reflecting an 11.61% increase year-on-year, while the non-recurring net profit was 23.36 million yuan, up 16.49% [1] - The company's liquidity ratios are strong, with a current ratio of 2.642 and a quick ratio of 2.197, alongside a low debt-to-asset ratio of 24.52% [1] Group 3 - Jinghua Laser has made investments in 7 companies and participated in 91 bidding projects, indicating active engagement in business expansion [2] - The company holds 3 trademark registrations and 64 patents, showcasing its commitment to innovation and intellectual property [2] - Additionally, Jinghua Laser has obtained 2 administrative licenses, further solidifying its operational capabilities [2]

Core Viewpoint - The company, China Shipbuilding Han Guang Technology Co., Ltd., has revised its articles of association and related governance documents to enhance corporate governance and comply with updated regulations [2][4]. Summary by Sections Company Governance - The company held its 19th meeting of the 5th Board of Directors on July 15, 2025, where multiple governance documents were approved for revision, including the articles of association and various committee rules [2]. - The revisions aim to strengthen the company's governance structure and align with the "Guidelines for Articles of Association of Listed Companies (2025 Revision)" [2][4]. Articles of Association Revisions - The revisions include changes to the company's governance principles, emphasizing the importance of party leadership and the protection of the rights of shareholders, creditors, and employees [4][8]. - Specific articles were updated to clarify the roles and responsibilities of the board of directors, management, and shareholders, ensuring compliance with relevant laws and regulations [4][8]. Shareholder Rights and Responsibilities - The revised articles outline the rights of shareholders, including profit distribution, participation in meetings, and the ability to request information from the company [35][36]. - Shareholders are also reminded of their obligations, such as adhering to laws and regulations and not abusing their rights to harm the company or other shareholders [20][21]. Financial and Operational Guidelines - The company has established guidelines for capital increases, share issuance, and financial assistance, ensuring that any significant transactions are subject to shareholder approval [29][30]. - The articles specify that any external guarantees exceeding certain thresholds must be approved by the shareholders, reinforcing financial accountability [48][49].

Core Points - The company establishes a Compensation and Assessment Committee to enhance the governance structure and manage the assessment and compensation of directors and senior management [1][2] - The committee is responsible for formulating assessment standards, reviewing compensation policies, and making recommendations to the board [3][4] - The committee consists of three members, including two independent directors, and is chaired by an independent director [2][3] Responsibilities and Authority - The committee is tasked with developing assessment standards for directors and senior management, as well as reviewing compensation mechanisms and incentive plans [3][4] - Recommendations made by the committee must be documented if not fully adopted by the board, including reasons for non-adoption [3][4] - The committee is accountable to the board and must provide all relevant research and discussion materials for board decision-making [3][4] Decision-Making Procedures - The committee's decisions require a majority vote from its members and must follow legal and regulatory guidelines [6][7] - Meetings must be documented, including attendance, agenda, and voting results, and records are to be maintained for ten years [6][7] - The committee can invite directors and senior management to attend meetings but must ensure confidentiality regarding discussed matters [6][7] Additional Provisions - The committee must adhere to relevant laws and regulations, and any conflicts with these must be resolved in favor of the legal provisions [7] - The committee's rules and procedures are subject to interpretation by the board and take effect upon board approval [7]