证券代码：600097 证券简称：开创国际 公告编号：临 2025-030 第十届董事会第二十一次（临时）会议决议公告 表决结果：赞成 9 票，反对 0 票，弃权 0 票。 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。 一、董事会会议召开情况 上海开创国际海洋资源股份有限公司（以下简称"公司"）第十届董事会第二十 一次（临时）会议于 2025 年 11 月 3 日以通讯表决方式召开。本次会议通知和会议 资料于 10 月 28 日以电子邮件形式发出。本次会议应到董事 9 人，实际参加通讯表 决 9 人。会议的召集、召开符合《中华人民共和国公司法》及《公司章程》的有关 规定。 二、董事会会议审议情况 (一)审议通过《关于调整董事会提名委员会成员的议案》 表决结果：赞成 9 票，反对 0 票，弃权 0 票。 调整后的董事会提名委员会由独立董事宋利明先生、杨霖先生、许幸民先生组 成，其中主任委员由宋利明先生担任，任期自董事会审议通过之日起至本届董事会 届满之日止。 上海开创国际海洋资源股份有限公司 (二)审议通过《关于制订<资产减值 ...

Core Points - The stock price of Kaichuang International (600097) closed at 11.43 yuan as of October 31, 2025, down 2.72% from the previous week [1] - The company reported a total market capitalization of 2.754 billion yuan, ranking 5th in the fisheries sector and 4711th in the A-share market [1] Shareholder Changes - As of September 30, 2025, the number of shareholders was 14,900, a decrease of 408 (2.67%) from June 30 [2] - The average number of shares held per shareholder increased from 15,700 to 16,200, with an average holding value of 179,500 yuan [2] Performance Disclosure Highlights - For the first three quarters of 2025, the company reported a main revenue of 1.7 billion yuan, a year-on-year decrease of 1.74% [3] - The net profit attributable to shareholders was 60.5173 million yuan, up 269.47% year-on-year, while the net profit excluding non-recurring items was 53.4926 million yuan, up 340.06% [3] - In Q3 alone, the main revenue was 450 million yuan, down 32.82% year-on-year, with a net profit of 32.9145 million yuan, down 22.25% [3] Company Announcements Summary - The Q3 report indicated a significant increase in net profit due to higher production in the deep-sea fishing segment [4] - The net cash flow from operating activities decreased by 60.13% due to a higher increase in cash paid for goods compared to cash received [4] - The top ten shareholders include Shanghai Ocean Fishing Co., Ltd. with a 42.26% stake and Beijing Yizhen Technology Development Co., Ltd. with a 5.96% stake [4] - The company has made a provision for inventory impairment of 11,339,587.93 yuan, which will reduce the total profit and net profit for the current period [4]

Core Insights - The company reported a total revenue of 1.7 billion yuan for Q3 2025, a year-on-year decrease of 1.74%, while the net profit attributable to shareholders reached 60.5 million yuan, an increase of 269.47% [1] - In Q3 alone, total revenue was 450 million yuan, down 32.82% year-on-year, and net profit attributable to shareholders was 32.9 million yuan, down 22.25% [1] - The company's profitability improved, with a gross margin increase of 22.11% year-on-year and a net margin increase of 187.53% [1] Financial Performance - Gross margin stood at 33.42%, reflecting a year-on-year increase of 22.11%, while the net margin was 3.87%, up 187.53% year-on-year [1] - Total selling, administrative, and financial expenses amounted to 492 million yuan, accounting for 28.95% of revenue, which is a 16.15% increase year-on-year [1] - Earnings per share (EPS) was 0.25 yuan, showing a significant year-on-year increase of 257.14% [1] Cash Flow and Assets - The company reported operating cash flow per share of 0.31 yuan, which is a decrease of 60.13% year-on-year [1] - The net asset value per share increased to 9.63 yuan, reflecting a year-on-year growth of 5.59% [1] Business Evaluation - The company's return on invested capital (ROIC) was 3.04%, indicating weak capital returns, with a historical median ROIC of 6.84% over the past decade [3] - The net profit margin last year was 2.97%, suggesting low added value for products or services [3] - The business model relies heavily on marketing-driven performance, necessitating a thorough examination of the underlying drivers [3] Accounts Receivable - The company has a concerning accounts receivable situation, with accounts receivable to profit ratio reaching 301.56% [2]

Core Viewpoint - As of October 31, 2025, Kaichuang International (600097) closed at 11.43 yuan, experiencing a slight decline of 0.17% with a trading volume of 47,000 hands and a transaction amount of 53.72 million yuan [1] Group 1: Stock Performance and Trading Data - On October 31, 2025, the net outflow of main funds was 1.88 million yuan, accounting for 3.49% of the total transaction amount, while the net inflow of speculative funds was 2.99 million yuan, making up 5.56% of the total [1] - The stock's performance over the past five days shows fluctuations, with the highest closing price at 11.75 yuan on October 28, 2025, and the lowest at 11.43 yuan on October 31, 2025 [2] Group 2: Financial Metrics and Industry Comparison - Kaichuang International's total market value is 2.754 billion yuan, with a net asset of 2.35 billion yuan and a net profit of 60.52 million yuan, ranking 66th, 41st, and 68th respectively in the agriculture, animal husbandry, and fishery industry [3] - The company's revenue for the first three quarters of 2025 was 1.7 billion yuan, a year-on-year decrease of 1.74%, while the net profit attributable to shareholders increased by 269.47% to 60.52 million yuan [3] - The gross profit margin stands at 33.42%, significantly higher than the industry average of 15.67%, indicating a strong competitive position [3]

Core Insights - The company reported a total revenue of 1.7 billion yuan for Q3 2025, ranking third among disclosed peers [1] - The net profit attributable to shareholders reached 60.52 million yuan, ranking first among disclosed peers, with a year-on-year increase of 44.14 million yuan, representing a 269.47% growth compared to the same period last year [1] - The net cash inflow from operating activities was 75.64 million yuan [1] Financial Ratios - The latest debt-to-asset ratio is 29.18%, ranking first among disclosed peers, with a decrease of 0.78 percentage points from the previous quarter and a decrease of 1.54 percentage points from the same period last year [3] - The latest gross profit margin is 33.42%, ranking first among disclosed peers, with an increase of 1.93 percentage points from the previous quarter and an increase of 6.05 percentage points from the same period last year [3] - The latest return on equity (ROE) is 2.61%, ranking second among disclosed peers, with an increase of 1.86 percentage points from the same period last year [3] Earnings Per Share and Turnover Ratios - The diluted earnings per share (EPS) is 0.25 yuan, ranking first among disclosed peers, with an increase of 0.18 yuan compared to the same period last year, representing a 257.14% growth [3] - The latest total asset turnover ratio is 0.51 times, ranking second among disclosed peers [3] - The latest inventory turnover ratio is 1.53 times, ranking third among disclosed peers [3] Shareholder Information - The number of shareholders is 14,900, with the top ten shareholders holding 136 million shares, accounting for 56.62% of the total share capital [3]

Core Points - The company guarantees the authenticity, accuracy, and completeness of the quarterly report, and assumes legal responsibility for any false records or misleading statements [2][12][16] Financial Data - The third-quarter financial statements are unaudited [3][8] - The company reported a provision for asset impairment amounting to 11,339,587.93 yuan, impacting the total profit and net profit attributable to shareholders by the same amount [12][14][15] Shareholder Information - As of September 30, 2025, a group of shareholders, including Beijing Xiaojian Technology Development Co., Ltd. and others, collectively holds 8.9598% of the company's shares after a reduction of 2,507,000 shares [6] Board Meeting - The company's board of directors held its 20th meeting on October 30, 2025, where the third-quarter report and the asset impairment provision were approved unanimously [9][10]

Core Insights - The company, Kaichuang International, is a leading player in the domestic deep-sea fishing industry with an integrated industrial structure that includes marine fishing and food processing [1] Group 1: Business Performance - In Q3 2025, Kaichuang International reported revenue of 1.7 billion yuan, ranking second in the industry, while the top competitor, Zhongshui Fisheries, achieved revenue of 2.967 billion yuan [2] - The main revenue sources include tuna sales of 460 million yuan, accounting for 36.82%, and canned goods sales of 430 million yuan, accounting for 34.38% [2] - The net profit for the same period was 65.7357 million yuan, also ranking second in the industry, with Zhongshui Fisheries reporting a net profit of 106 million yuan [2] Group 2: Financial Health - As of Q3 2025, the company's debt-to-asset ratio was 29.18%, down from 30.71% year-on-year and significantly lower than the industry average of 50.43%, indicating strong debt repayment capability [3] - The gross profit margin for Q3 2025 was 33.42%, up from 27.37% year-on-year and higher than the industry average of 19.27%, reflecting robust profitability [3] Group 3: Management and Shareholder Structure - The chairman, Wang Haifeng, has extensive management experience in the fishing industry, while the president, Wu Xilei, received a salary of 1.041 million yuan in 2024, an increase from 1.0216 million yuan in 2023 [4] - As of September 30, 2025, the number of A-share shareholders decreased by 2.67% to 14,900, while the average number of circulating A-shares held per shareholder increased by 2.74% to 16,200 [5]

Core Points - The company Kachuang International (600097) reported a stock price of 11.45 yuan as of October 30, 2025, reflecting a decline of 1.8% from the previous trading day, with a total market capitalization of 2.759 billion yuan [1] - The company announced a provision for asset impairment amounting to 11,339,587.93 yuan, entirely related to inventory write-downs, which will reduce both the total profit for the period and the net profit attributable to shareholders by the same amount [1] Financial Summary - The stock opened at 11.54 yuan, reached a high of 11.66 yuan, and a low of 11.44 yuan on the same day, with a trading volume of 41.8033 million yuan and a turnover rate of 1.51% [1] - The impairment provision was made based on the principle of prudence to accurately reflect the asset status and operating results as of September 30, 2025, following the relevant accounting standards [1]

证券代码：600097 证券简称：开创国际 公告编号：临 2025-028 上海开创国际海洋资源股份有限公司 关于计提资产减值准备的公告 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。 上海开创国际海洋资源股份有限公司（以下简称"公司"）于 2025 年 10 月 30 日召开公司第十届董事会第二十次会议，会议审议通过《关于计提资产减 值准备的议案》，具体情况如下： 一、 计提资产减值准备的概述 公司依据谨慎性原则，为真实、准确反映公司 2025 年 9 月 30 日的资产状况 和经营成果，根据《企业会计准则》及公司会计政策的相关规定，公司对截至 2025 年 9 月 30 日有关资产进行相关减值测试。经测试，公司对可能发生减值损 失的部分资产计提减值准备 11,339,587.93 元。 上海开创国际海洋资源股份有限公司董事会 2025 年 10 月 31 日 二、 计提减值的依据、数额和原因说明 根据《企业会计准则》及公司会计政策的相关规定，公司对存货进行减值测 试，计提减值准备 11,339,587.93 元，并计入当期 ...

二、董事会会议审议情况 (一)审议通过《公司 2025 年第三季度报告》 证券代码：600097 证券简称：开创国际 公告编号：临 2025-027 上海开创国际海洋资源股份有限公司 第十届董事会第二十次会议决议公告 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。 一、董事会会议召开情况 上海开创国际海洋资源股份有限公司（以下简称"公司"）第十届董事会第二十 次会议于 2025 年 10 月 30 日以通讯表决方式召开。本次会议通知和会议资料于 10 月 20 日以电子邮件形式发出。本次会议应到董事 9 人，实际参加通讯表决 9 人。会 议的召集、召开符合《中华人民共和国公司法》及《公司章程》的有关规定。 表决结果：赞成 9 票，反对 0 票，弃权 0 票。 董事会审计委员会 2025 年第五次会议审议通过《公司 2025 年第三季度报告》。 具体内容详见公司同日发布的《开创国际 2025 年第三季度报告》。 (二)审议通过《关于计提资产减值准备的议案》 表决结果：赞成 9 票，反对 0 票，弃权 0 票。 具体内容详见公司同 ...