公司始终秉持"安全第一"的理念，强化安全管理，持续优化安全措施。建立健全安全管理体系，强化责任落实，将安全目标分解到每个岗位，做到"人人 有责、层层负责"；强化安全教育与培训，通过线上课程、实操演练、安全知识竞赛等多种形式，显著提升员工的安全知识技能；建立实施安全隐患内部 报告奖励机制，收集、分析员工报告的隐患情况，及时采取针对性措施加以改进，不断提高安全生产水平。 近日，苏州市应急管理局公布了苏州市2025年度工贸行业安全生产"白名单"企业，苏州市相城区度假区(阳澄湖镇)的苏州宝兴电线电缆有限公司上榜！ 苏州宝兴电线电缆有限公司成立于2000年，二十多年来深耕线缆行业。先后荣获"国家高新技术企业""江苏省名牌产品""苏州市品牌产品""中国光伏电缆 10强企业""全省机械行业创新型先进企业"等荣誉称号，拥有"江苏省新能源专用特种电缆工程技术研究中心"。 公司持续筑牢安全生产防线，交出亮眼答卷，2024年创建通过江苏省二级安全生产标准化企业，2025年成功入选苏州市安全生产白名单企业。公司将持续 推进安全管理智能化升级，让安全生产成为企业发展的永恒底色，推动公司在高质量发展的道路上稳步前行。 下一步，度假区(阳 ...

Financial Performance - The company reported a basic earnings per share of 0.0600 yuan for Q1 2025, representing a 50% increase compared to 0.0400 yuan in Q1 2024 [1] - Net profit for Q1 2025 was 0.32 billion yuan, up 52.38% from 0.21 billion yuan in Q1 2024 [1] - Operating revenue reached 10.05 billion yuan in Q1 2025, an increase of 11.3% from 9.03 billion yuan in Q1 2024 [1] - The return on equity (ROE) improved to 1.96% in Q1 2025, compared to 1.33% in Q1 2024, marking a 47.37% increase [1] Shareholder Structure - The top ten unrestricted shareholders hold a total of 60.3943 million shares, accounting for 22.35% of the circulating shares, which is a decrease of 21.4416 million shares from the previous period [2] - Notable shareholders include Hunan Xingxiang Investment Holding Group Co., Ltd. with 24.8571 million shares (9.20%) and Hunan Provincial State-owned Enterprise M&A Fund Management Co., Ltd. with 20.6673 million shares (7.65%), both remaining unchanged [2] - Several new shareholders have entered the top ten, including Ma Sen with 1.8704 million shares (0.69%) and He Jie with 1.5000 million shares (0.56%) [2] Dividend Policy - The company has announced that it will not distribute dividends or transfer shares this time [3]

Performance Overview - The total revenue of Tongguang Cable in Q1 2025 was 396 million yuan, a decrease of 12.98% compared to the same period last year [1] - The net profit attributable to the parent company was 5.58 million yuan, down 49.47% year-on-year [1] - The net profit after deducting non-recurring items was 4.26 million yuan, a decline of 33.7% year-on-year [1] Profitability Analysis - The company's gross margin was 19.35%, an increase of 22.18% year-on-year [2] - However, the net profit margin was only 1.69%, a decrease of 37.55% year-on-year, indicating challenges in cost and expense control [2] Expense Control - Total expenditures on sales, management, and financial expenses amounted to 46.77 million yuan, accounting for 11.8% of total revenue, an increase of 13.26% year-on-year [3] Cash Flow and Debt - As of the end of the reporting period, the company's cash and cash equivalents were 354 million yuan, a decrease of 12.09% year-on-year [4] - Accounts receivable reached 1.163 billion yuan, representing 2481.81% of the latest annual net profit, indicating significant pressure in accounts receivable management [4] - Interest-bearing debt was 511 million yuan, an increase of 24.52% year-on-year, indicating a heavier debt burden [4] Per Share Metrics - The net asset per share was 4.86 yuan, a decrease of 0.95% year-on-year [5] - Earnings per share were 0.01 yuan, down 50.0% year-on-year [5] - Operating cash flow per share was -0.1 yuan, although it improved by 34.63% year-on-year, it remains negative, indicating significant cash outflow from operations [5] Business Model and Capital Return - The company's performance primarily relies on R&D, marketing, and equity financing [6] - The last year's Return on Invested Capital (ROIC) was 2.38%, indicating weak capital returns, with a net profit margin of 2%, suggesting low added value of products or services [6] Summary - Overall, Tongguang Cable's financial performance in Q1 2025 was unsatisfactory, particularly in terms of profitability and cash flow [7] - The company needs to focus on managing accounts receivable and improving cash flow to ensure sustainable development in the future [7]