Company Overview - Shanghai Yanhua Intelligent Technology (Group) Co., Ltd. was established on December 4, 2001, with a registered capital of 712,153,001.00 RMB and a total of 712,153,001 shares [1][2] - The company focuses on smart city solutions, including e-government, smart healthcare, energy efficiency, environmental protection, intelligent buildings, smart transportation, and elderly care [1][2] Financial Reporting - The financial statements were approved by the board of directors on August 20, 2025, and include the consolidated and parent company balance sheets as of June 30, 2025, and the income statements and cash flow statements for the first half of 2025 [1][2] - The financial statements are prepared based on the going concern principle and comply with the relevant accounting standards [1][2] Accounting Policies - The company uses the Chinese Accounting Standards and has established significant accounting policies and estimates to ensure the financial statements reflect its financial position accurately [1][2] - The company recognizes revenue based on the completion of service delivery and has specific criteria for determining the significance of financial statement items [3][4] Financial Instruments - Financial assets are classified into three categories: measured at amortized cost, measured at fair value with changes recognized in other comprehensive income, and measured at fair value with changes recognized in profit or loss [9][10] - The company assesses expected credit losses for financial assets based on credit risk characteristics and historical loss experience [12][13] Inventory and Assets - Inventory is measured at the lower of cost and net realizable value, with a perpetual inventory system in place [18] - Long-term assets, including fixed assets and intangible assets, are subject to impairment testing if there are indications of impairment [26][27] Investment and Equity - The company accounts for long-term equity investments using the cost method for controlled entities and the equity method for joint ventures and associates [19][20] - Investment properties are measured at cost and depreciated using the straight-line method [21] Research and Development - R&D expenditures are categorized into research and development phases, with costs incurred during the research phase expensed and those in the development phase capitalized if they meet certain criteria [26]

佳华科技（SH 688051，收盘价：32.37元）7月31日晚间发布公告称，截至本公告披露日，罗克佳华科 技集团股份有限公司股东共青城华云投资管理合伙企业（有限合伙）持有公司股份约895万股，占公司 股份总数的约11.58%，均为公司首次公开发行股票前取得的股份，前述股份均已于2023年3月20日解除 限售。公司于近日收到股东共青城华云出具的《股份减持计划告知函》，共青城华云作为公司员工持股 平台，因员工个人资金需求，拟通过集中竞价或大宗交易的方式减持所持公司股份合计不超过约155万 股，即不超过公司股份总数的2%。 （文章来源：每日经济新闻） 2024年1至12月份，佳华科技的营业收入构成为：智慧环保占比70.25%，智慧城市占比29.44%，其他业 务占比0.22%，其他占比0.1%。 ...