（编辑 姚尧） 证券日报网讯 10月14日晚间，宁波联合发布公告称，本公司于2025年10月14日收到本公司的控股股东 浙江荣盛控股集团有限公司（简称"荣盛控股"）的通知，获悉荣盛控股将原质押于中国民生银行股份有 限公司杭州分行的60，000，000股本公司无限售条件流通股在中国证券登记结算有限责任公司上海分公 司办理完成了质押登记解除手续。 ...

宁波联合集团股份有限公司 关于控股股东部分股份解除质押的公告 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: 1 剩余被质押股份数量占公司总股本比例 0 证券代码：600051 证券简称：宁波联合 公告编号：2025-035 本公司的控股股东浙江荣盛控股集团有限公司（以下简称"荣盛控股"） 持有本公司股份数量为90,417,600股，占本公司总股本比例为29.084%； 本次解除质押 60,000,000 股，占其持股数量比例为 66.359%，占本公司 总股本比例为 19.300%。本次股份质押解除后，荣盛控股所持本公司股 份不存在质押情形。 本公司于 2025 年 10 月 14 日收到控股股东荣盛控股的通知，获悉荣盛控股 将原质押于中国民生银行股份有限公司杭州分行的 60,000,000 股本公司无限售 条件流通股在中国证券登记结算有限责任公司上海分公司办理完成了质押登记 解除手续。具体情况如下： | 股东名称 | 浙江荣盛控股集团有限公司 | | --- | --- | | 本次解除质押股份 | 60, ...

Market Overview - On September 25, the comprehensive sector declined by 1.32% compared to the previous trading day, with Nanjing Public Utilities leading the decline [1] - The Shanghai Composite Index closed at 3853.3, down 0.01%, while the Shenzhen Component Index closed at 13445.9, up 0.67% [1] Stock Performance - Nanjing Public Utilities (code: 000421) closed at 6.22, down 3.72% with a trading volume of 217,700 shares and a turnover of 137 million yuan [1] - Other notable declines included Hongmian Co. (code: 000523) down 1.86%, and Nanjing New Self (code: 600682) down 1.74% [1] Capital Flow - The comprehensive sector experienced a net outflow of 237 million yuan from main funds, while retail investors saw a net inflow of 138 million yuan [1] - Specific stocks such as Tianchen Co. (code: 600620) had a net inflow of 318,470 yuan from main funds, but a net outflow of 247,490 yuan from retail investors [2] Individual Stock Analysis - Zhenzhou Development (code: 000753) had a main fund net inflow of 411,400 yuan, but a net outflow of 155,490 yuan from retail investors [2] - Shanghai Sanmao (code: 600689) saw a net outflow of 37,830 yuan from main funds, while retail investors contributed a net inflow of 172,610 yuan [2]

Market Overview - On September 22, the comprehensive sector rose by 0.41% compared to the previous trading day, with Dongyangguang leading the gains [1] - The Shanghai Composite Index closed at 3828.58, up 0.22%, while the Shenzhen Component Index closed at 13157.97, up 0.67% [1] Stock Performance - Dongyangguang (600673) closed at 25.02, with a gain of 1.42% and a trading volume of 845,500 shares, amounting to a transaction value of 2.085 billion yuan [1] - Other notable performers included Yuegui Co. (000833) with a closing price of 14.11, up 1.07%, and Nanjing New Bai (600682) at 7.67, up 0.92% [1] - Conversely, stocks like Zhangzhou Development (000753) and Hongmian Co. (000523) experienced slight declines of 0.14% and 0.30%, respectively [1] Capital Flow - The comprehensive sector saw a net outflow of 90.8654 million yuan from main funds, while retail funds experienced a net inflow of 24.7913 million yuan [2] - The main funds showed a significant outflow from stocks like Ningbo United (600051) and Nanjing Public Utilities (000421), with net outflows of 2.4774 million yuan and 3.2332 million yuan, respectively [3] Individual Stock Capital Flow - Zhangzhou Development (000753) had a net inflow of 14.4143 million yuan from main funds, while it faced a net outflow of 22.8642 million yuan from retail investors [3] - Other stocks like Guangdong Gui (000833) and Sanmu Group (000632) also reported mixed capital flows, with net inflows from main and retail funds [3]

关于2025年半年度业绩说明会召开情况的公告 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。 宁波联合集团股份有限公司（以下简称"公司"）于2025年9月17日10:00-11:00在上海证券交易所上证路 演中心（网址：https://roadshow.sseinfo.com/）以网络文字互动的方式召开公司2025年半年度业绩说明 会。关于本次说明会的召开事项，详见2025年8月26日刊登在《中国证券报》、《上海证券报》和上海 证券交易所网站（www.sse.com.cn）上的公司《关于召开2025年半年度业绩说明会的公告》（2025- 033）。现将有关事项公告如下： 一、本次业绩说明会召开情况 2025年9月17日，公司董事长李水荣先生、总裁王维和先生、独立董事陈文强先生、董事会秘书汤子俊 先生、财务负责人杨志华先生出席了本次说明会，与投资者进行了互动交流和沟通，就投资者关注的问 题在信息披露允许的范围内进行了回答。 二、本次业绩说明会投资者提出的主要问题及公司回复情况 登录新浪财经APP 搜索【信披】查看更多考评等级 证 ...

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。 宁波联合集团股份有限公司（以下简称"公司"）于2025年9月17日 10:00-11:00 在 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/）以网络文字互动的方式召开公司2025年半年 度业绩说明会。关于本次说明会的召开事项，详见2025年8月26日刊登在《中国 证券报》、《上海证券报》和上海证券交易所网站（www.sse.com.cn）上的公司 《关于召开2025年半年度业绩说明会的公告》（2025-033）。现将有关事项公告 如下： 证券代码：600051 证券简称：宁波联合 公告编号：2025-034 宁波联合集团股份有限公司 关于2025年半年度业绩说明会召开情况的公告 排放技术改造，其整体经济效能和环保排放优势明显，电、热供应的保障与灵活 调度能力显著提高。报告期内，该子公司持续做好污染物超低排放等环保设施的 日常运行工作，确保污染物达标排放。 2.投资者提问：请问公司市值管理的进展，有 ...

Market Overview - The Shanghai Composite Index rose by 0.04% on September 16, with 21 out of the 28 sectors experiencing gains. The top-performing sectors were the comprehensive sector and machinery equipment, with increases of 3.62% and 2.06% respectively [1] - The sectors that saw declines included agriculture, forestry, animal husbandry, and fishery, which fell by 1.29%, and banking, which decreased by 1.15% [1] Capital Flow Analysis - The net outflow of capital from the two markets was 37.426 billion yuan, with 11 sectors experiencing net inflows. The machinery equipment sector led with a net inflow of 5.508 billion yuan, followed by the computer sector, which also saw a 2.06% increase and a net inflow of 4.945 billion yuan [1] - Conversely, 20 sectors experienced net outflows, with the non-ferrous metals sector leading the outflow at 10.335 billion yuan, followed by the power equipment sector with an outflow of 8.913 billion yuan. Other sectors with significant outflows included banking, non-bank financials, and pharmaceutical biology [1] Comprehensive Sector Performance - The comprehensive sector increased by 3.62% with a net inflow of 14.5 million yuan. Out of 16 stocks in this sector, 13 rose while 2 fell. The stocks with the highest net inflows included Dongyangguang with 206 million yuan, followed by Zhangzhou Development and Zhejiang Agricultural Shares with net inflows of 21.5552 million yuan and 9.8091 million yuan respectively [2] - The stocks with the highest net outflows in the comprehensive sector were Yuegui Shares, Nanjing New Hundred, and Te Li A, with outflows of 69.481 million yuan, 14.8845 million yuan, and 10.1847 million yuan respectively [2] Comprehensive Sector Capital Flow Ranking - The top stocks in the comprehensive sector based on capital flow included: - Dongyangguang: +7.37%, 4.42% turnover, 206.2576 million yuan inflow - Zhangzhou Development: +0.85%, 4.27% turnover, 21.5552 million yuan inflow - Zhejiang Agricultural Shares: +1.82%, 1.65% turnover, 9.8091 million yuan inflow - Other notable stocks included Zongyi Shares, Yatai Group, and Hongmian Shares, all showing positive performance and varying levels of capital inflow [2]

Market Overview - The Shanghai Composite Index fell by 1.16% on September 3, with only three sectors showing gains: comprehensive, communication, and electric equipment, which rose by 1.64%, 1.61%, and 1.44% respectively [1] - The defense and military industry and non-bank financial sectors experienced the largest declines, with drops of 5.83% and 3.05% respectively [1] Capital Flow Analysis - The net outflow of capital from the two markets reached 71.426 billion yuan, with only three sectors seeing net inflows: electric equipment (2.958 billion yuan), textile and apparel (222 million yuan), and comprehensive (3.1066 million yuan) [1] - The non-bank financial sector had the highest net outflow, totaling 12.210 billion yuan, followed by the defense and military sector with a net outflow of 10.131 billion yuan [1] Comprehensive Sector Performance - The comprehensive sector saw a rise of 1.64% with a net inflow of 3.1066 million yuan, despite only one of its 16 constituent stocks rising [2] - The stock with the highest net inflow in the comprehensive sector was Dongyangguang, which attracted 105 million yuan, followed by Teli A and Hongmian Co., with inflows of 8.7395 million yuan and 5.0492 million yuan respectively [2] - The stocks with the largest net outflows included Yuegui Co., Zhangzhou Development, and Zongyi Co., with outflows of 65.8146 million yuan, 15.135 million yuan, and 13.3925 million yuan respectively [2]

Market Overview - On August 28, the comprehensive sector rose by 0.92% compared to the previous trading day, with Dongyangguang leading the gains [1] - The Shanghai Composite Index closed at 3843.6, up 1.14%, while the Shenzhen Component Index closed at 12571.37, up 2.25% [1] Stock Performance - Dongyangguang (600673) closed at 20.43, with a gain of 2.61% and a trading volume of 791,200 shares, amounting to a transaction value of 1.59 billion [1] - Yatai Group (600881) closed at 2.07, up 1.47%, with a trading volume of 1,560,300 shares and a transaction value of 320 million [1] - Zongyi Co. (600770) closed at 6.26, up 1.46%, with a trading volume of 833,300 shares and a transaction value of 520 million [1] - Other notable stocks include Te Li A (000025) at 17.64 (+0.40%), and Hongmian Co. (000523) at 3.29 (+0.30%) [1] Capital Flow - The comprehensive sector experienced a net outflow of 364 million from institutional funds, while retail funds saw a net inflow of 209 million [2] - The net inflow from speculative funds was 155 million [2] Individual Stock Capital Flow - Yatai Group saw a net inflow of 24.71 million from institutional funds, while it experienced a net outflow of 22.78 million from speculative funds [3] - Hongmian Co. had a net inflow of 2.50 million from institutional funds and a net inflow of 3.64 million from speculative funds [3] - Shanghai Sanmao (600689) experienced a net outflow of 4.56 million from institutional funds, but a net inflow of 1.68 million from retail investors [3]

Core Viewpoint - Ningbo United (600051) reported mixed financial results for the first half of 2025, with significant revenue growth but a decline in net profit and profitability margins [1] Financial Performance - Total revenue reached 588 million yuan, a year-on-year increase of 35.47% [1] - Net profit attributable to shareholders was 35.05 million yuan, down 21.91% year-on-year [1] - Gross margin decreased to 8.36%, a drop of 67.91% compared to the previous year [1] - Net margin fell to 3.35%, down 21.20% year-on-year [1] - Earnings per share decreased to 0.11 yuan, a decline of 21.53% [1] Cash Flow and Assets - Operating cash flow per share increased significantly to 1.11 yuan, up 357.25% year-on-year [1] - Cash and cash equivalents were reported at 886.1 million yuan, a slight increase of 1.15% [1] - Accounts receivable rose to 391 million yuan, reflecting a year-on-year increase of 35.59% [1] Expense Analysis - Total selling, administrative, and financial expenses amounted to 58.54 million yuan, accounting for 9.95% of revenue, a decrease of 39.37% year-on-year [1] - Sales expenses decreased slightly by 0.1% [12] - Management expenses decreased by 7.56% due to reduced employee compensation [13] - Financial expenses decreased by 43.1% due to lower interest expenses [14] Investment and Other Income - Investment income increased by 137.84% due to profits from the sale of properties by a joint venture [7] - Asset disposal income surged by 1642.86% due to significant gains from fixed asset disposals [8] - Other business profits saw a dramatic decline of 108.96% compared to the previous year [7] Liabilities and Debt Management - Interest-bearing debt decreased significantly to 170 million yuan, down 61.41% year-on-year [1] - Current liabilities due within one year decreased by 91.09% due to loan repayments [5] - Long-term payables were fully repaid, reflecting a 100% decrease [5] Operational Insights - The company's return on invested capital (ROIC) was reported at 2.76%, indicating weak capital returns [17] - The average cash flow from operating activities over the past three years was negative, raising concerns about liquidity [19] - Accounts receivable to profit ratio reached 481.2%, suggesting potential issues with receivables management [20]