本报讯 （记者金婉霞）2025年8月25日，上海康鹏科技股份有限公司（以下简称"康鹏科技"）发布2025 年半年度报告。报告期内，公司实现营业收入4.36亿元，同比增长27.94%；归属于上市公司股东的净利 润3101.68万元，同比大幅增长257.08%；实现扣非归母净利润2336万元，实现扭亏；经营现金流净额为 7764万元，同比增长197.2%。 新材料业务方面，公司营业收入变动不大，主要受到电池材料部分原料碳酸锂市场价格下降的影响，导 致产品价格进一步降低。尽管如此，公司在显示材料、新能源电池材料及电子化学品等领域仍保持较强 的市场竞争力。公司通过不断优化产品结构及生产工艺，提升了核心竞争力，为未来的可持续发展奠定 了坚实基础。 报告期内，公司研发费用为3613.04万元，占营业收入的比例为8.28%。另外，截至2025年6月30日，康 鹏科技的总资产为32.45亿元，较上年度末下降0.32%；归属于上市公司股东的净资产为28.10亿元，较 上年度末增长1.36%。 展望未来，康鹏科技将继续深耕新材料和CDMO业务领域。在新材料业务方面，公司将紧跟市场需求， 推进国产化进程，不断提升产品的市场竞争力。 ...

Core Viewpoint - The company has reported its annual financial results, highlighting its business operations, financial status, and future development plans, with a focus on its core business areas in semiconductor materials, display materials, UV curing materials, and organic synthesis materials [1][5]. Company Overview - The company has expanded its core business from UV curing materials in optical communication to four major areas: semiconductor materials, display materials, UV curing materials, and organic synthesis materials, maintaining a mission to provide high-quality materials for high-tech manufacturing [5][6]. - The company operates over 30 subsidiaries across regions including Japan, Singapore, the United States, and East and South China [5]. Business Segments Semiconductor Materials - The semiconductor materials include photoresists and wet process electronic chemicals used in semiconductor manufacturing and advanced packaging, as well as traditional packaging materials like solder balls and epoxy encapsulants [6]. - The company has developed a complete temporary bonding solution for semiconductor manufacturing, which supports various disassembly methods [6]. Display Materials - Display materials consist of photoresists and liquid crystal materials for TFT-LCD and OLED screens, with a significant focus on developing proprietary technologies [7]. - The company’s subsidiary, Hecheng Display, is a key supplier in the mid-to-high-end TN/STN field and has received multiple technology awards for its innovations [7]. UV Curing Materials - UV curing materials are crucial for fiber optic cable manufacturing and include coatings that protect optical fibers and enhance their mechanical and optical properties [8]. - The company has developed advanced UV curing materials and has received several awards for its innovations in this field [8]. Organic Synthesis Materials - Organic synthesis materials include photoinitiators and pharmaceutical intermediates, with a focus on applications in antiviral drugs and antibiotics [9]. - The company’s innovative photoinitiator TMO has gained recognition and awards for its contributions to human health and industry challenges [9]. Industry Characteristics - The semiconductor materials industry is characterized by a broad application field and high demand dispersion, with no significant industry cyclicality, primarily influenced by macroeconomic trends [10]. - The display materials sector exhibits cyclicality due to its dependence on the economic conditions affecting display device sales, with demand typically peaking in the second half of the year [11]. - The UV curing materials market is closely tied to the economic cycle, with stable growth during economic prosperity and declines during downturns [12]. - Organic synthesis materials have a diverse application landscape, with demand influenced by macroeconomic fluctuations and technological advancements, showing no significant seasonality [12]. Financial Data - The company has not required retrospective adjustments or restatements of previous financial data, indicating stability in its financial reporting [13]. - The company’s major accounting data and financial indicators for the past two years are available, reflecting its operational performance [15]. Important Events - The company has approved a profit distribution plan for 2023, proposing a cash dividend of RMB 0.80 per 10 shares, with no stock dividends or capital reserve transfers [16][17]. - The company has undergone a change in its accounting practices due to regulatory requirements, correcting prior accounting errors and adjusting financial statements accordingly [16]. - The company has decided to sell its wholly-owned subsidiary, Dairui Technology, to ensure continued operational stability amid market pressures [18].