长江投资公司2024年度独立董事述职报告 （章贵桥） 经董事会换届选举，本人于 2024 年 8 月 13 日起担任长发集团长江 投资实业股份有限公司（以下简称"公司"）第九届董事会独立董事。 2024 年任职期间，本人严格按照《公司法》《证券法》《上市公司独 立董事管理办法》等法律法规，以及《公司章程》《独立董事制度》有 关规定和要求，本着客观、公正、独立的原则，勤勉尽责、独立履职。 在 2024 年度履职过程中，充分发挥自身专业优势，审慎地行使了公司 和股东赋予的职权，积极参加了各项会议，认真履行了独立董事的职责 和义务，有效维护了公司整体利益和全体股东的合法权益。现将履职情 况汇报如下： 2024年任职期内，本人按时出席了公司董事会、股东大会等相关会 议，不存在无故缺席、连续两次不亲自出席会议的情况。2024年任职期 内，本人出席公司董事会会议和股东大会的具体情况如下： | 独立董 | | | 参加董事会情况 | | | 参加股东 大会情况 | | --- | --- | --- | --- | --- | --- | --- | | 事姓名 | 本年应参加董 | 亲自出席 | 委托出席 | 缺席 | ...

Financial Performance - The company's operating revenue for 2024 was CNY 507.28 million, a decrease of 41.19% compared to CNY 862.59 million in 2023[22] - The net profit attributable to shareholders of the listed company for 2024 was a loss of CNY 74.91 million, compared to a profit of CNY 8.90 million in 2023[22] - The company's total assets decreased by 26.76% to CNY 546.58 million in 2024 from CNY 746.29 million in 2023[23] - The net assets attributable to shareholders of the listed company decreased by 36.29% to CNY 131.40 million in 2024 from CNY 206.24 million in 2023[23] - The basic earnings per share for 2024 was -CNY 0.21, a decrease of 1,150% compared to CNY 0.02 in 2023[24] - The weighted average return on equity for 2024 was -44.38%, a decrease of 48.79 percentage points from 4.41% in 2023[24] - The net cash flow from operating activities for 2024 was CNY 46.37 million, compared to -CNY 17.32 million in 2023[22] - The company reported total assets of 546.58 million RMB and total liabilities of 280.72 million RMB as of the end of 2024[33] - The company achieved an operating income of 507.28 million RMB in 2024[33] - The company reported a total of 4.53 million RMB in gains from the reversal of impairment provisions in non-current assets[29] Dividend and Profit Distribution - The company plans not to distribute cash dividends for 2024 due to a negative net profit attributable to shareholders[5] - The company will present its profit distribution plan at the 2024 annual general meeting for approval[5] - The company will not distribute cash dividends for the fiscal year 2023 due to negative retained earnings in the parent company's financial statements[121] - The company has revised its profit distribution policy to ensure that cash dividends over the last three years are no less than 30% of the average distributable profit for those years[121] Operational Changes and Strategies - The company implemented cost control measures in its logistics segment, including warehouse lease terminations and operational efficiency improvements[33] - The company plans to focus on high-quality development through innovation and risk control strategies in 2024[33] - Longfa International Freight ceased its photovoltaic business to mitigate risks and optimize operations, recovering all receivables and deposits within the year[34] - The company is exploring new development paths and leveraging its state-owned enterprise advantages to enhance economic and social value[78] - The company plans to focus on high-quality development by optimizing business structure and accelerating new project implementation, aiming for enhanced profitability and operational efficiency by 2025[79] Market and Industry Trends - The automotive logistics industry is transitioning towards digitalization and green practices, with increasing penetration of new energy light trucks[37] - The logistics industry is experiencing a shift towards digitalization and sustainability, with a focus on low-carbon and customized services to meet market demands[76] - The international freight forwarding industry faces increased competition in the maritime sector, leading to price reductions and profit margin compression[81] - The long-term rental apartment sector is experiencing intensified market competition, significantly affecting rental yield due to policy regulation and supply-demand fluctuations[81] Legal and Compliance Issues - The company has received a qualified audit opinion from its accounting firm, indicating potential issues in financial reporting[4] - The company is facing uncertainties in profit due to potential fluctuations in freight rates and contract performance risks stemming from global supply chain disruptions[81] - Legal risks include a court request for the company to return distributed profits, which may impact the 2025 profit with uncertain effects[81] - The company faced regulatory scrutiny from the Shanghai Stock Exchange due to inaccurate disclosures regarding its 2021 performance, resulting in a warning issued to several key executives[100] - The company plans to enhance its corporate governance and internal controls to ensure timely and accurate information disclosure in the future[101] Governance and Management - The company has implemented a new compensation management and performance evaluation system for leadership for 2024-2025[86] - The board of directors and supervisory board have been restructured, ensuring compliance with legal and regulatory requirements[85] - The company has maintained independence from its controlling shareholder, ensuring no non-operational fund occupation occurred during the reporting period[85] - The company has established a clear information disclosure management system to ensure timely and accurate communication with shareholders[85] - The company’s management structure has seen a shift, with the appointment of a new general manager following the resignation of the previous one[99] Research and Development - Research and development expenses increased by 62.64% to CNY 10,778.95 million, up from CNY 6,627.41 million[42] - The company plans to continue expanding its research and development efforts, with R&D expenditures representing 2.12% of total revenue[55] - Ongoing research and development efforts have led to the introduction of two new technologies, expected to enhance operational efficiency by 30%[94] Financial Management - The total audit fee for the 2024 financial report and internal control audit is 965,000 RMB, with 725,000 RMB allocated for the financial report audit[150] - The company has approved the use of idle self-owned funds for short-term guaranteed financial products, with a total limit of RMB 250 million (including USD 15 million or equivalent currencies) for a period not exceeding 12 months[157] - The company has invested a total of RMB 16.5 million in bank wealth management products, with an outstanding balance of RMB 11.2 million[157] Employee and Labor Management - The total number of employees in the parent company and major subsidiaries is 213, with 109 in production, 14 in sales, 26 in technology, 21 in finance, and 43 in administration[117] - The total hours of outsourced labor amounted to 111,708 hours, with total payments for outsourced labor reaching CNY 626.51 million[120] Shareholder Information - The total share capital of the company remains unchanged, with a shift in the share structure due to the lifting of restrictions on 57,870,370 shares held by Changjiang United Group on January 24, 2024[167] - The company’s total number of shares is 365,270,370, with 84.16% (307,400,000 shares) being unrestricted circulating shares[166] - The largest shareholder, Changjiang Economic United Development Group, holds 45.83% of the shares, totaling 167,418,761 shares[172]

（一）投资目的 证券代码：600119 证券简称：长江投资 公告编号：临 2025-013 长发集团长江投资实业股份有限公司 关于使用闲置自有资金委托理财的公告 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： ●投资种类：保本型理财产品，包括但不限于结构性存款、定期 存款、通知存款、银行保本理财等低风险、流动性好的理财产品。 ●投资金额：在任意时点进行委托理财的交易金额合计不超过人 民币 2 亿元（含 1,500 万美元或其他等值货币，均含本数），在此额 度内可滚动使用。 ●已履行及拟履行的审议程序：长发集团长江投资实业股份有限 公司（以下简称"公司"、"长江投资公司"）于 2025 年 4 月 27 日召 开九届四次董事会会议，审议通过了《关于长江投资公司使用闲置自 有资金委托理财的议案》，本事项尚需提交股东大会审议。 ●特别风险提示：公司本着严格控制风险的原则，对理财产品进 行严格的评估、筛选，购买低风险、流动性好的理财产品。尽管本次 授权投资产品属于低风险保本类型，但金融市场受宏观经济的影响较 大，不排除 ...

关于长发集团长江投资实业股份有限公司 2024 年度财务报告非标准审计意见 的专项说明 上会业函字(2025)第 505 号 上会会计师事务所（特殊普通合伙） 中国 上海 ·计师 李务所（特殊善通合伙） ai Econtilied Public Accountants (Shecial Genenal Pantnership) 关于长发集团长江投资实业股份有限公司 2024 年度财务报告非标准审计意见的专项说明 上会业函字(2025)第 505 号 长发集团长江投资实业股份有限公司全体股东: 我所接受委托,业已完成长发集团长江投资实业股份有限公司(以下简称"长 江投资") 2024 年度财务报表的审计工作,并于 2025年 4 月 27 日出具了上会师报字 (2025)第 6751 号保留意见的审计报告。 根据中国证券监督管理委员会《公开发行证券的公司信息披露编报规则第 14 号 ――非标准审计意见及其涉及事项的处理》、《监管规则适用指引―审计类第１号》 和《上海证券交易所股票上市规则》的相关要求,现将非标准审计意见涉及事项情 况说明如下: 一、非标准审计意见涉及的主要内容 长江投资于 2025 年 3 月 ...

长发集团长江投资实业股份有限公司 董事会审计委员会 2024 年度履职情况报告 2024 年度，长发集团长江投资实业股份有限公司（以下简称"长 江投资"或"公司"）董事会审计委员会严格遵守中国证券监督管理 委员会、上海证券交易所等相关法律法规及《长发集团长江投资实业 股份有限公司章程》《长发集团长江投资实业股份有限公司董事会审 计委员会实施细则》等相关规定，认真履行职责，切实有效地发挥审 查、监督的作用。现就 2024 年度履职情况汇报如下： 一、审计委员会基本情况 报告期内，公司第八届董事会审计委员会由独立董事袁敏先生、 独立董事刘涛女士、董事王志东先生 3 位成员组成，公司第八届董事 会审计委员会主任委员由具有专业会计资格的独立董事袁敏先生担 任。2024 年 8 月 13 日，公司董事会进行了换届选举，经九届一次董 事会审议，第九届董事会审计委员会由独立董事章贵桥先生、独立董 事罗守贵先生、董事李乐先生 3 位成员组成，公司第九届董事会审计 委员会主任委员由具有专业会计资格的独立董事章贵桥先生担任。 二、审计委员会 2024 年度会议召开情况 报告期内，公司董事会审计委员会认真履行职责，召开了以下会 议 ...

Financial Performance - The company's operating revenue for Q1 2025 was CNY 43,102,622.92, a decrease of 83.94% compared to CNY 268,327,142.75 in the same period last year[4] - The net loss attributable to shareholders was CNY -6,485,737.53, compared to a loss of CNY -3,478,268.31 in the previous year[4] - Net profit for Q1 2025 was a loss of CNY 4,481,720.04, compared to a loss of CNY 5,357,815.99 in Q1 2024, indicating an improvement in financial performance[18] - The weighted average return on equity was -4.827%, a decrease of 3.126 percentage points compared to -1.701% in the previous year[5] - Basic and diluted earnings per share for Q1 2025 were both CNY -0.0180, compared to CNY -0.0100 in Q1 2024[19] Cash Flow - The net cash flow from operating activities was CNY -11,893,070.18, an improvement from CNY -28,945,220.61 in the same period last year[4] - The company reported a decrease in cash inflow from operating activities to CNY 68,608,769.97 in Q1 2025, down from CNY 229,034,196.43 in Q1 2024[22] - Cash outflows related to operating activities totaled $80,501,840.15, down from $257,979,417.04, showing a significant reduction in operational cash expenses[23] - Cash inflow from investment activities totaled $153,444,074.77, up from $102,146,132.41, with a net cash flow of $77,312,750.03 compared to $28,160,592.99 previously[23] - Cash inflow from financing activities was $40,000,000.00, an increase from $20,000,000.00, while the net cash flow was -$1,343,066.68, improving from -$11,710,943.55[23] Assets and Liabilities - Total assets decreased by 5.59% to CNY 516,014,626.71 from CNY 546,577,318.48 at the end of the previous year[5] - Total current assets as of March 31, 2025, amount to 425,714,958.91 RMB, a decrease from 455,305,042.89 RMB as of December 31, 2024[13][14] - Total liabilities as of March 31, 2025, are 273,836,891.51 RMB, down from 280,717,863.24 RMB[15] - The company's total assets decreased to CNY 516,014,626.71 from CNY 546,577,318.48 year-over-year[16] - The company’s total liabilities and equity decreased to CNY 516,014,626.71 from CNY 546,577,318.48 year-over-year[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 27,557[10] - The largest shareholder, Changjiang Economic United Development Group, holds 167,418,761 shares, representing 45.83% of total shares[10] Operational Efficiency - Operating costs decreased by 86.74%, primarily due to the contraction of operations in subsidiaries[7] - The company reported a decrease in accounts payable to 24,498,296.68 RMB from 25,515,092.25 RMB[15] - The company has no significant changes in the shareholding structure or financing activities reported[11][12] - The company has not disclosed any new product developments or market expansion strategies during the reporting period[12] Investment Performance - Investment income decreased by 79.22%, as there were no dividends from associated companies this period[7] - The company recorded an investment loss of CNY 752,945.79 in Q1 2025, compared to a gain of CNY 3,623,789.06 in Q1 2024[18] - Cash received from investment income was $1,245,934.79, compared to $636,781.37 previously, indicating growth in investment returns[23] - The cash paid for other investment activities was $76,000,000.00, slightly up from $73,000,000.00, reflecting ongoing investment commitments[23] Research and Development - Research and development expenses for Q1 2025 were CNY 2,057,223.56, slightly down from CNY 2,487,024.28 in Q1 2024[17]

证券代码：600119 证券简称：长江投资 公告编号：临 2025-010 长发集团长江投资实业股份有限公司 关于 2024 年度计提资产减值准备 及确认公允价值变动损失的公告 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。 公司根据《企业会计准则第 22 号——金融工具确认和计量》的规 定，对应收票据、应收账款、其他应收款等各类应收款项的信用风险 特征，在单项或组合基础上计提预期信用减值损失。公司根据历史信 用损失，结合当前状况，对未来经济的预测以及综合考虑前瞻性因素 一、计提相关资产减值准备情况 为客观、公允地反映公司截止 2024 年 12 月 31 日的财务状况及 2024 年度的经营情况，根据《企业会计准则第 8 号——资产减值》及 公司会计政策的相关规定，公司对 2024 年末的各类相关资产进行了清 查，对存在减值迹象的资产计提减值准备，其中：（1）应收票据坏账 准备、应收账款坏账准备、其他应收款坏账准备、合同资产减值准备、 其他非流动资产减值准备均依据预期信用损失为基础计提坏账准备； （2）商誉减值准备根据上海财 ...

长发集团长江投资实业股份有限公司董事会 对独立董事独立性自查情况的专项报告 根据证监会《上市公司独立董事管理办法》《上海证券交易所股 票上市规则》《上海证券交易所上市公司自律监管指引第 1 号—规范 运作》等要求，并结合独立董事出具的《独立董事关于独立性情况的 自查报告》，长发集团长江投资实业股份有限公司（以下简称： "公司"） 董事会，就公司在任独立董事金冰一先生、罗守贵先生、章贵桥先生 的独立性情况进行评估并出具如下专项意见： 2025 年 4 月 27 日 经核查独立董事金冰一先生、罗守贵先生、章贵桥先生的任职经 历以及签署的相关自查文件，公司董事会认为上述人员未在公司担任 除独立董事以外的任何职务，也未在公司主要股东公司担任任何职务， 与公司以及其主要股东之间不存在直接或者间接的利害关系或其他 可能妨碍其进行独立客观判断的关系，不存在影响独立董事独立性的 情况。因此，公司独立董事符合《上市公司独立董事管理办法》《上 海证券交易所上市公司自律监管指引第 1 号—规范运作》等法律法规 中关于独立董事任职资格及独立性的要求。 长发集团长江投资实业股份有限公司董事会 ...

上会会计师事务所（特殊普通合伙）（以下简称"上会"）原 名上海会计师事务所，于 1980 年筹建，1981 年元旦正式成立。 1998 年 12 月改制为有限责任公司制的会计师事务所。2013 年 12 月 上海上会会计师事务所有限公司改制为上会会计师事务所（特殊普 通合伙）。截至 2024 年末，上会合伙人数量为 112 人，注册会计师 人数为 553 人，签署过证券服务业务审计报告的注册会计师人数 185 人。 （二）聘任会计师事务所履行的程序 长江投资公司董事会审计委员会 2024 年度对会计师事务所履行监督职责报告 根据《中华人民共和国公司法》《中华人民共和国证券法》 《上市公司治理准则》《国有企业、上市公司选聘会计师事务所管 理办法》《上海证券交易所上市公司自律监管指引第 1 号——规范 运作》和长发集团长江投资实业股份有限公司（以下简称"公司"） 的《公司章程》《董事会审计委员会实施细则》等规定和要求，董 事会审计委员会本着勤勉尽责的原则，恪尽职守，认真履职。现将 董事会审计委员会 2024 年度对会计师事务所履职评估及履行监督职 责的情况汇报如下： 一、2024 年年审会计师事务所基本情况 （一 ...

长发集团长江投资实业股份有限公司 2024年度内部控制评价报告 公司代码：600119 公司简称：长江投资 长发集团长江投资实业股份有限公司全体股东： 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要求（以下简称企业内部 控制规范体系），结合本公司（以下简称公司）内部控制制度和评价办法，在内部控制日常监督和专项 监督的基础上，我们对公司2024年12月31日（内部控制评价报告基准日）的内部控制有效性进行了评价。 一. 重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其有效性，并如实披露内 部控制评价报告是公司董事会的责任。监事会对董事会建立和实施内部控制进行监督。经理层负责组织 领导企业内部控制的日常运行。公司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存 在任何虚假记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个别及连带法 律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及相关信息真实完整，提 高经营效率和效果，促进实现发展战略。由于内部控制存在的固有局限性，故仅能为实现上述目标提供 合理保证。此外，由于 ...