登录新浪财经APP 搜索【信披】查看更多考评等级 石家庄通合电子科技股份有限公司（以下简称"通合科技"）近日发布《关于申请向不特定对象发行可转 换公司债券审核问询函的回复报告》，就深圳证券交易所提出的业绩波动、毛利率变化、现金流状况等 七大方面问题进行了详细说明。公司同时披露了2025年1-9月财务数据，期内实现营业收入9.75亿元， 同比增长32.40%；归母净利润2043.78万元，同比下降2.20%，业绩降幅较2024年的-76.66%已明显收 窄。 业绩波动原因：新能源业务价格竞争与成本压力交织 公告显示，通合科技2023年营业收入和利润大幅增长，2024年至今收入持续增长但净利润下滑，主要受 新能源功率变换业务影响。该业务收入占比超过60%，2023年因高功率产品占比提升（从22.11%增至 54.17%）带动毛利率同比提高9.9个百分点至28.27%；2024年以来，受行业竞争加剧影响，产品平均售 价下降9.92%，尽管单位成本降低2.52%，但降价幅度大于降本幅度，导致毛利率回落至22.38%。 分业务板块来看，2025年1-9月： -新能源功率变换业务：收入6.45亿元（+25.34%），毛利 ...

Group 1 - The core viewpoint of the news is that Tonghe Technology's stock has increased by 5.05%, reaching a price of 32.89 CNY per share, with a trading volume of 316 million CNY and a turnover rate of 6.36%, resulting in a total market capitalization of 5.765 billion CNY [1] - Tonghe Technology, established on December 21, 1998, and listed on December 31, 2015, specializes in the research, production, and sales of high-frequency switch power supplies and related electronic products, including military products [1] - The main revenue composition of Tonghe Technology includes: 65.68% from new energy power conversion products, 20.15% from smart grid power supply products, 11.90% from customized power supplies and testing services, and 2.27% from other supplementary services [1] Group 2 - Huazheng Fund's Huazheng Intelligent Equipment Theme Stock A (001072) has entered the top ten circulating shareholders of Tonghe Technology, holding 1.4976 million shares, which accounts for 0.97% of the circulating shares, with an estimated floating profit of approximately 2.3662 million CNY [2] - The fund was established on April 24, 2015, with a latest scale of 851 million CNY, achieving a year-to-date return of 50.77%, ranking 891 out of 4220 in its category, and a one-year return of 48.28%, ranking 906 out of 3852 [2] - The fund manager of Huazheng Intelligent Equipment Theme Stock A is Liu Changchang, who has been in the position for 5 years and 278 days, managing a total fund asset size of 6.642 billion CNY, with the best fund return during the tenure being 246.26% and the worst being 15.58% [3] Group 3 - Huazheng Intelligent Equipment Theme Stock A (001072) has a significant holding in Tonghe Technology, with 1.4976 million shares, representing 3.06% of the fund's net value, making it the ninth largest holding [4] - The estimated floating profit from this holding is approximately 2.3662 million CNY [4]

Group 1 - The core point of the news is that Tonghe Technology's stock price dropped by 5.48% to 34.50 CNY per share, with a trading volume of 380 million CNY and a turnover rate of 6.80%, resulting in a total market capitalization of 6.028 billion CNY [1] - Tonghe Technology, established on December 21, 1998, and listed on December 31, 2015, is located in Shijiazhuang, Hebei Province. The company specializes in the research, production, and sales of high-frequency switch power supplies and related electronic products, including military products [1] - The revenue composition of Tonghe Technology includes 65.68% from new energy power conversion products, 20.15% from smart grid power supply products, 11.90% from customized power supplies and testing services, and 2.27% from other supplementary products [1] Group 2 - Huazhang Fund's Huazhang Intelligent Equipment Theme Stock A (001072) has entered the top ten circulating shareholders of Tonghe Technology, holding 1.4976 million shares, which accounts for 0.97% of the circulating shares. The estimated floating loss today is approximately 2.9952 million CNY [2] - The fund has achieved a return of 30.95% this year, ranking 1075 out of 4222 in its category, and a return of 70.85% over the past year, ranking 911 out of 3789 [2] - The fund manager of Huazhang Intelligent Equipment Theme Stock A is Liu Changchang, who has been in the position for 5 years and 242 days, with a total fund asset size of 6.642 billion CNY and a best fund return of 226.61% during his tenure [3] Group 3 - Huazhang Intelligent Equipment Theme Stock A holds 1.4976 million shares of Tonghe Technology, representing 3.06% of the fund's net value, making it the ninth largest holding. The estimated floating loss today is approximately 2.9952 million CNY [4]