Core Viewpoint - The company reported a mixed performance in its semi-annual earnings, with revenue growth but a decline in net profit and earnings per share [2] Financial Performance - The company's revenue for the first half of 2025 was approximately 451 million yuan, representing a year-on-year increase of 12.13% [2] - The net profit attributable to shareholders was around 28.96 million yuan, showing a year-on-year decrease of 8.31% [2] - Basic earnings per share were 0.3291 yuan, which is an 8.3% decline compared to the previous year [2]

Core Viewpoint - The company reported a revenue of 451 million yuan for the first half of 2025, reflecting a year-on-year growth of 12.13%, while the net profit attributable to shareholders decreased by 8.31% to approximately 28.96 million yuan [1] Company Performance - The company achieved an operating income of 451 million yuan in the first half of 2025, marking a 12.13% increase compared to the previous year [1] - The net profit attributable to shareholders was 28.96 million yuan, which represents a decline of 8.31% year-on-year [1] - The basic earnings per share stood at 0.3291 yuan [1] Industry Insights - The PCB industry is experiencing an uptick in demand, particularly driven by growth in downstream applications such as AI and automotive sectors [1]

Group 1 - The company held its fourth board meeting on August 21, 2025, with all seven directors present, ensuring compliance with relevant laws and regulations [1] - The board approved the half-year report, with a unanimous vote of 7 in favor, 0 against, and 0 abstentions [1] Group 2 - The company plans to abolish the supervisory board, transferring its powers to the audit committee of the board, and will amend its articles of association accordingly [2] - The proposal to increase the number of board seats by 2 and to elect Mr. Zhang Xi as a non-independent director was also approved unanimously by the board [2] Group 3 - All proposals discussed in the board meeting will be submitted for review at the company's second extraordinary general meeting of shareholders in 2025 [4][5]

Group 1 - The third meeting of the Supervisory Board of Jiangsu Xiehe Electronics Co., Ltd. was held on August 21, 2025, with all three supervisors present, and the meeting was conducted in accordance with relevant laws and regulations [1][2] - The Supervisory Board reviewed the 2025 semi-annual report, confirming that the preparation and review processes complied with legal and internal regulations, and the report accurately reflected the company's operational and financial status without any false statements or omissions [1][2] - The board approved the proposal to abolish the Supervisory Board and transfer its powers to the Audit Committee of the Board of Directors, with the corresponding rules being amended accordingly [2] Group 2 - The voting results for the proposals were unanimous, with all three votes in favor and no votes against or abstentions [2] - The proposal to adjust the number of directors and amend the Articles of Association is subject to approval at the shareholders' meeting [2]

Meeting Information - The shareholders' meeting is scheduled for September 29, 2025, at 14:00 [1] - The meeting will be held at the company's first-floor conference room [1] - Voting will be conducted through a combination of on-site and online methods [1] Voting Procedures - The online voting system will be the Shanghai Stock Exchange's network voting system, available from 9:15 to 15:00 on the day of the meeting [1][2] - Shareholders can vote via the trading system or the internet voting platform [2] - Shareholders holding multiple accounts can exercise voting rights across all accounts [3][4] Agenda Items - The meeting will discuss the following proposals: 1. Proposal to cancel the supervisory board, adjust the number of directors, and amend the company’s articles of association [2] 2. Proposal to elect non-independent directors for the fourth board of directors [2] - These proposals have been approved by the company's board and supervisory board [2] Attendance Requirements - Shareholders registered by the close of business on September 24, 2025, are eligible to attend [4] - Both natural and legal persons can appoint representatives to attend the meeting [5] - Registration must be completed by September 26, 2025, with specific documentation required [5] Additional Information - Attendees are responsible for their own travel and accommodation expenses [6] - Contact information for the meeting is provided for further inquiries [6]

Core Viewpoint - Jiangsu Xiehe Electronic Co., Ltd. reported a revenue increase of 12.13% in the first half of 2025, reaching approximately 450.59 million yuan, while net profit attributable to shareholders decreased by 8.31% to about 28.96 million yuan, indicating challenges in maintaining profitability despite revenue growth [2][3][4]. Company Overview and Financial Indicators - The company specializes in the manufacturing of printed circuit boards (PCBs), focusing on rigid and flexible PCBs, and surface mount technology (SMT) [3][4]. - As of June 30, 2025, the total assets amounted to approximately 1.62 billion yuan, with net assets of about 1.18 billion yuan, reflecting a slight decrease of 2.70% and 3.21% respectively compared to the previous year [2][3]. - The basic earnings per share for the reporting period was 0.3291 yuan, down 8.30% from the previous year [2][3]. Industry Situation - The PCB industry is experiencing a growth trend, driven by advancements in artificial intelligence, electric vehicles, and new communication technologies, with a projected global market growth of 6.8% in 2025 [3][4]. - The company ranks 80th in the comprehensive PCB 100 list and 52nd in the domestic PCB 100 list, indicating a solid position within the industry [3][4]. Business Operations - The company has established long-term partnerships with notable clients in the automotive and communication sectors, such as Dongfeng Technology and Xingyu Co., Ltd. [4][5]. - The company invested approximately 26.93 million yuan in research and development during the reporting period, reflecting a 62.22% increase compared to the previous year [4][5]. Financial Performance Analysis - The operating income for the first half of 2025 was approximately 450.59 million yuan, with a corresponding operating cost of about 368.15 million yuan, leading to a gross profit margin decrease [3][4][5]. - The net cash flow from operating activities was approximately 48.76 million yuan, a significant decrease of 51.29% compared to the previous year [3][4]. Competitive Advantages - The company maintains a strong focus on quality control and has received various certifications, including ISO9001 and IATF16949, ensuring high product quality [6][7]. - The company has developed a comprehensive management system to handle the production of diverse and small-batch orders efficiently, enhancing its competitive edge [8].

| 江苏协和电子股份有限公司2025 | 年半年度报告摘要 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 公司代码：605258 | 公司简称：协和电子 | | | | | | | | | 江苏协和电子股份有限公司 | | | | | | | | | | 江苏协和电子股份有限公司2025 | 年半年度报告摘要 | | | | | | | | | 第一节 重要提示 | | | | | | | | | | 展规划，投资者应当到 www.sse.com.cn | 网站仔细阅读半年度报告全文。 | | | | | | | | | 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 | | | | | | | | | | 否 | | | | | | | | | | 第二节 公司基本情况 | | | | | | | | | | 公司股票简况 | | | | | | | | | | 股票种类 股票上市交易所 股票简称 | | | 股票代码 变更前 | | | | | | | 股票简称 | | | | ...

证券代码：605258 证券简称：协和电子 公告编号： 2025-037 关于召开 2025 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： http://roadshow.sseinfo.com/） 江苏协和电子股份有限公司（以下简称"公司"）已于 2025 年 8 月 22 日发布公司 2025 年半年度报告，为便于广大投资者更全面深入 地了解公司 2025 年半年度经营成果、财务状况，公司计划于 2025 年 09 月 01 日下午 13:00-14:00 举行 2025 年半年度业绩说明会，就投 资者关心的问题进行交流。 会议召开时间：2025 年 09 月 01 日(星期一)下午 13:00-14:00 会议召开地点：上海证券交易所上证路演中心（网址： 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 08 月 25 日(星期一)至 08 月 29 日(星期 五)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或 通过公司邮箱 sunrongfa@xi ...

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 证券代码： 605258 证券简称：协和电子 公告编号：2025-034 江苏协和电子股份有限公司 关于取消监事会、调整董事会人数、修订《公司章程》 及部分治理制度的公告 江苏协和电子股份有限公司（以下简称"公司"）于 2025 年 8 月 21 日召开 了第四届董事会第四次会议和第三届监事会第二十次会议，审议通过了《关于取 消监事会、调整董事会人数并修订<公司章程>的议案》以及《关于修订<股东会 议事规则>的议案》《关于修订<董事会议事规则>的议案》等制度修订相关议案， 现就相关情况公告如下： 一、取消监事会的相关情况 为贯彻落实自 2024 年 7 月 1 日起实施的《中华人民共和国公司法》（以下简 称"《公司法》"），进一步提高公司规范化运作水平，根据《上市公司章程指引（2025 年 3 月修订）》（以下简称"《章程指引》"）等法律法规的规定，结合公司实际情 况，公司拟取消监事会，监事会取消后其职权由董事会审计委员会行使，公司《监 事会议事规则》相应废止。 二、调整董事会的 ...

证券代码： 605258 证券简称：协和电子 公告编号：2025-035 江苏协和电子股份有限公司（以下简称"公司"）召开第四届董事会第四次 会议，审议通过了《关于取消监事会、调整董事会人数并修订<公司章程>的议 案》《关于增选公司第四届董事会非独立董事的议案》等议案，拟增选张玺先生 （简历后附）为公司第四届董事会非独立董事，具体情况如下： 为进一步提高公司董事会的科学决策能力和水平，优化公司治理，维护股东 及职工等各方权利，公司董事会成员人数由 7 人增加为 9 人，其中独立董事人数 仍为 3 人，非独立董事人数增加到 6 人。新增的两名非独立董事中有 1 人为职工 代表董事。职工代表董事由公司职工代表大会等民主程序选举产生，非职工代表 董事由公司股东大会选举产生。 根据《公司法》和《公司章程》等有关规定，公司于 2025 年 8 月 21 日召开 第四届董事会第四次会议，同意提名张玺先生为公司第四届董事会非独立董事， 张玺先生已通过公司董事会提名委员会的任职资格审查。根据相关法律法规、规 范性文件及《公司章程》的规定，该事项尚需提交公司 2025 年第二次临时股东 大会审议。 特此公告。 江苏协和电子股份 ...