Group 1: R&D and Innovation - The company developed 10 new products and has 23 ongoing R&D projects, with 8 projects in reserve, achieving breakthroughs in 15 key technologies [2] - As of June 30, 2025, the company was granted 5 new patents, including 4 invention patents, maintaining a leading position in high-end printing equipment manufacturing [2] - The company aims to enhance its R&D capabilities to become a leader in the printing industry ecosystem, focusing on customized, intelligent, and digital solutions [14][15] Group 2: Financial Performance - In the first half of 2025, the company reported a revenue of 726 million yuan, with overseas revenue reaching 247 million yuan [19] - The gross profit margin increased by 1.95% compared to the previous year, while operating costs decreased by 8.95% [12][19] - Management and financial expenses were significantly reduced, with a decrease of 16.67% and 59.36% respectively compared to the same period last year [4] Group 3: Market Expansion and Customer Engagement - The company achieved a 49.77% increase in sales revenue from its intelligent digital business, amounting to 63.91 million yuan [10] - Orders from Southeast Asia and Eastern Europe markets continued to grow, with new orders secured in South Asia [18] - The company enhanced customer engagement through digital platforms and online marketing, improving customer satisfaction and loyalty [11] Group 4: Strategic Initiatives - The company is committed to a development strategy focused on "intelligent, global, and ecological" growth, with specific actions taken in various international markets [8][16] - To mitigate risks from raw material price fluctuations, the company optimized supply chain management and established long-term partnerships with quality suppliers [5] - The company is actively pursuing green product development and has introduced eco-friendly packaging solutions [14] Group 5: Industry Trends and Challenges - The printing equipment manufacturing industry is undergoing a transformation towards smart, green, and international standards, with the company positioned to leverage these trends [9] - The company is responding to the increasing competition by enhancing product differentiation and customer loyalty through innovative solutions [13] - The company plans to invest in emerging fields and technologies over the next three years to create new growth points [15]

Board Meeting Summary - The sixth board meeting of Xi'an Global Printing Co., Ltd. was held on August 11, 2025, with all seven directors present, including two participating via remote voting [1][2] - The board approved the write-off of uncollectible accounts receivable totaling 1.8082 million yuan as of June 30, 2025, to reflect the company's financial status accurately [1][2] Asset Leasing Adjustments - The board agreed to adjust the rental prices for three assets, reducing the annual rent for the first asset from 10.42 million yuan to 8.03 million yuan, and for the second asset from 1.65 million yuan to 1.32 million yuan [3] - The third asset's description was updated to include an office laboratory building, with the total area changing from 7,967.24 square meters to 8,266 square meters, and the annual rent adjusted from 2.66 million yuan to 2.86 million yuan [3] Business Strategy Changes - Due to increased competition and declining revenue in the internet digital marketing sector, the company decided to scale back its operations in this area to focus on its core strategic direction [5][6] - The board proposed to authorize management to handle all matters related to the cessation of the subsidiary's internet digital marketing business, including personnel arrangements and asset management [6] Fixed Asset Disposal - The board approved the public disposal of 13 outdated fixed assets, including printing machines, with the final transaction price to be determined based on actual sales [7][8] - If the initial public offering does not result in a sale, the price will be adjusted downward for a second offering, but it cannot be lower than 90% of the initial price [7] Fund Management - The board approved the temporary use of up to 150 million yuan of idle raised funds to supplement working capital, with a commitment to return the funds to the designated account within 12 months [10][11] - This decision aims to enhance the liquidity of the raised funds while ensuring that the investment projects continue to meet their financial needs [10]

Overview - Xi'an Global Printing Co., Ltd. has approved the disposal of 13 outdated fixed assets, including Heidelberg four-color printing machines, coding machines, and inspection machines, to improve overall asset quality and accurately reflect the company's financial status [1][6] Asset Disposal Details - The assets to be disposed of were purchased between October 2001 and September 2014 and have no repair or reuse value [2] - The assets are fully owned by the company, with clear ownership status and no encumbrances or legal restrictions [2] Valuation Information - The company engaged Zhonglian Asset Appraisal Group (Shaanxi) Co., Ltd. to assess the fixed assets, which reported a book value of 3.6525 million yuan and an assessed value of 2.9983 million yuan, indicating a reduction of 654,200 yuan and a depreciation rate of 17.91% [2][4] Transaction Process - The disposal will be conducted through public listing, with the final transaction price to be determined based on actual sales [4] - If the initial public listing does not result in a sale, the price will be adjusted downward for a second listing, but the final price will not be less than 90% of the initial listing price [4][6] Board Authorization - The board has authorized management to develop and implement the disposal plan, determine the final transaction counterpart and price, and sign relevant contracts [4] Impact on the Company - The asset disposal is expected to enhance the overall quality of the company's assets and accurately reflect its financial condition without significantly impacting its operations [4][6]