[Important Notice](index=2&type=section&id=%E9%87%8D%E8%A6%81%E6%8F%90%E7%A4%BA) The Board of Directors and senior management guarantee the truthfulness, accuracy, and completeness of this unaudited semi-annual report, with forward-looking statements not constituting substantive commitments - Board of Directors and senior management guarantee the truthfulness, accuracy, and completeness of the report[3](index=3&type=chunk) - This semi-annual report is unaudited[5](index=5&type=chunk) - Company head, chief accountant, and head of accounting department declare the financial report is true, accurate, and complete[5](index=5&type=chunk) - Forward-looking statements do not constitute a substantive commitment; investors should be aware of investment risks[6](index=6&type=chunk) - No non-operating appropriation of funds by controlling shareholders or other related parties[7](index=7&type=chunk) - No external guarantees in violation of decision-making procedures[7](index=7&type=chunk) - No situation where more than half of the directors could not guarantee the truthfulness, accuracy, and completeness of the semi-annual report disclosed by the company[7](index=7&type=chunk) - No significant risk warnings[7](index=7&type=chunk) [Definitions](index=4&type=section&id=%E9%87%8A%E4%B9%89) This section defines key terms used throughout the report, including company, controlling shareholder, and major subsidiaries - Defines key terms used in the report, including the company itself, controlling shareholder, and major subsidiaries[11](index=11&type=chunk) - Reporting period refers to January 1, 2025, to June 30, 2025[11](index=11&type=chunk) [Company Profile and Key Financial Indicators](index=4&type=section&id=%E7%AC%AC%E4%BA%8C%E8%8A%82%20%E5%85%AC%E5%8F%B8%E7%AE%80%E4%BB%8B%E5%92%8C%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) This section provides an overview of the company's basic information, contact details, and key financial performance metrics for the reporting period [Company Information](index=4&type=section&id=%E4%B8%80%E3%80%81%E5%85%AC%E5%8F%B8%E4%BF%A1%E6%81%AF) Hunan Huasheng Co., Ltd. (Huasheng Shares, stock code 600156) is legally represented by Xie Ping, with its registered and office address in Changsha, Hunan Province - Company Chinese name: Hunan Huasheng Co., Ltd., abbreviation: Huasheng Shares[12](index=12&type=chunk) - Company legal representative: Xie Ping[12](index=12&type=chunk) - Company registered and office address: Huasheng Building, No. 420 Furong Middle Road Section 3, Changsha City, Hunan Province[14](index=14&type=chunk) [Contact Persons and Information](index=4&type=section&id=%E4%BA%8C%E3%80%81%E8%81%94%E7%B3%BB%E4%BA%BA%E5%92%8C%E8%81%94%E7%B3%BB%E6%96%B9%E5%BC%8F) Contact details for the Board Secretary and Securities Affairs Representative are provided, all located at the company headquarters - Board Secretary: Jiang Hongkai, contact number: 0731-85237818, email: hsgfzqswb@163.com[13](index=13&type=chunk) - Securities Affairs Representative: Cao Jiali, contact number: 0731-85237818, email: hsgfzqswb@163.com[13](index=13&type=chunk) [Brief Introduction to Changes in Basic Information](index=4&type=section&id=%E4%B8%89%E3%80%81%E5%9F%BA%E6%9C%AC%E6%83%85%E5%86%B5%E5%8F%98%E6%9B%B4%E7%AE%80%E4%BB%8B) The company's registered and office addresses have remained unchanged, and its official website is www.hsgf600156.com - Company registered and office addresses have no historical changes[14](index=14&type=chunk) - Company website: www.hsgf600156.com[14](index=14&type=chunk) [Brief Introduction to Changes in Information Disclosure and Document Custody Locations](index=5&type=section&id=%E5%9B%9B%E3%80%81%E4%BF%A1%E6%81%AF%E6%8A%AB%E9%9C%B2%E5%8F%8A%E5%A4%87%E7%BD%AE%E5%9C%B0%E7%82%B9%E5%8F%98%E6%9B%B4%E6%83%85%E5%86%B5%E7%AE%80%E4%BB%8B) The company's designated information disclosure channels and report custody location remained unchanged during the reporting period - Information disclosure newspaper: "China Securities Journal"[15](index=15&type=chunk) - Website for semi-annual report publication: www.sse.com.cn[15](index=15&type=chunk) - Report custody location: Company Securities Affairs Department[15](index=15&type=chunk) [Brief Introduction to Company Shares](index=5&type=section&id=%E4%BA%94%E3%80%81%E5%85%AC%E5%8F%B8%E8%82%A1%E7%A5%A8%E7%AE%80%E5%86%B5) The company's A-shares are listed on the Shanghai Stock Exchange under the abbreviation "Huasheng Shares" and stock code 600156 - Share type: A-shares[16](index=16&type=chunk) - Stock exchange: Shanghai Stock Exchange[16](index=16&type=chunk) - Stock abbreviation: Huasheng Shares, stock code: 600156[16](index=16&type=chunk) - Previous stock abbreviation: Yixintai[16](index=16&type=chunk) [Company's Key Accounting Data and Financial Indicators](index=5&type=section&id=%E4%B8%83%E3%80%81%E5%85%AC%E5%8F%B8%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) In H1 2025, operating revenue grew by **31.28%** to **433.15 million yuan**, but the company reported net losses, with total assets and net assets attributable to shareholders decreasing 2025年上半年主要会计数据和财务指标 | Indicator | Current Period (Jan-Jun) | Prior Year Period | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 433,145,467.21 | 329,948,590.45 | 31.28 | | Total Profit | -19,875,701.13 | -32,554,754.66 | / | | Net Profit Attributable to Shareholders of Listed Company | -13,555,032.66 | -25,621,886.72 | / | | Net Cash Flow from Operating Activities | -45,755,789.50 | -18,636,721.50 | / | | **Indicator** | **End of Current Period** | **End of Prior Year** | **Change from Prior Year End (%)** | | Net Assets Attributable to Shareholders of Listed Company | 396,839,359.27 | 414,415,498.95 | -4.24 | | Total Assets | 833,230,564.60 | 896,803,901.26 | -7.09 | | Basic Earnings Per Share (Yuan/Share) | -0.0337 | -0.0637 | / | | Weighted Average Return on Net Assets (%) | -3.34 | -5.68 | / | [Non-Recurring Gains and Losses and Amounts](index=6&type=section&id=%E4%B9%9D%E3%80%81%E9%9D%9E%E7%BB%8F%E5%B8%B8%E6%80%A7%E6%8D%9F%E7%9B%8A%E9%A1%B9%E7%9B%AE%E5%92%8C%E9%87%91%E9%A2%9D) Total non-recurring gains and losses for the period amounted to **22.66 million yuan**, primarily from fair value changes in financial assets and government subsidies 2025年上半年非经常性损益项目和金额 | Non-Recurring Gain/Loss Item | Amount (Yuan) | | :--- | :--- | | Disposal gains/losses of non-current assets | 103,038.51 | | Government subsidies recognized in current profit/loss | 187,670.73 | | Fair value changes and disposal gains/losses from financial assets and liabilities held by non-financial enterprises | 19,435,220.44 | | Reversal of impairment provisions for receivables subject to separate impairment testing | 75,711.72 | | Other non-operating income and expenses | 943,026.96 | | Other items meeting the definition of non-recurring gains/losses (individual income tax handling fee refund) | 16,035.76 | | Less: Income tax impact | -1,991,773.93 | | Impact on minority interests (after tax) | 92,763.84 | | **Total** | **22,659,714.21** | [Management Discussion and Analysis](index=6&type=section&id=%E7%AC%AC%E4%B8%89%E8%8A%82%20%E7%AE%A1%E7%90%86%E5%B1%82%E8%AE%A8%E8%AE%BA%E4%B8%8E%E5%88%86%E6%9E%90) This section discusses the company's industry, operational performance, core competencies, and financial situation, along with risk factors and mitigation strategies [Industry and Main Business Overview](index=6&type=section&id=%E4%B8%80%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%85%AC%E5%8F%B8%E6%89%80%E5%B1%9E%E8%A1%8C%E4%B8%9A%E5%8F%8A%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E6%83%85%E5%86%B5%E8%AF%B4%E6%98%8E) The textile and apparel industry showed stable operation in H1 2025, with the company leading in ramie fabric development and maintaining a complete industrial chain - Industrial added value of textile enterprises above designated size increased by **3.1%** year-on-year, operating revenue decreased by **3.0%**, and total profit decreased by **9.4%**[22](index=22&type=chunk) - Bast fiber industry's linen and ramie fabric output increased by **11.25%** and **35.11%** year-on-year, respectively, with a narrowing decline in total profit[22](index=22&type=chunk) - Cumulative textile and apparel exports reached **$144 billion**, a year-on-year increase of **0.8%**, showing a "volume increase, price decrease" trend[23](index=23&type=chunk) - The company's main business covers bast fiber spinning, weaving, printing and dyeing, apparel sales, and import/export trade, forming a complete industrial chain[23](index=23&type=chunk) - Achieved significant breakthroughs in the development and marketing of ultra-high count ramie fabrics and ramie-blended composite fabrics, leading the industry[23](index=23&type=chunk) [Discussion and Analysis of Operations](index=7&type=section&id=%E4%BA%8C%E3%80%81%E7%BB%8F%E8%90%A5%E6%83%85%E5%86%B5%E7%9A%84%E8%AE%A8%E8%AE%BA%E4%B8%8E%E5%88%86%E6%9E%90) In H1 2025, the company achieved **433 million yuan** in operating revenue, focusing on core business, product optimization, and technological innovation, while ensuring safety and environmental compliance - Achieved operating revenue of **433 million yuan**, total profit of **-19.88 million yuan**[24](index=24&type=chunk) - Textile production segment operating revenue was **63.36 million yuan**, trade business segment operating revenue was **362.82 million yuan**[24](index=24&type=chunk) - Jinshuang Company's digital smart factory's **4 production lines** successfully commenced operations, and the major asset restructuring project progressed steadily[24](index=24&type=chunk) - Added **2 invention patents** and **1 utility model patent**, with initial breakthroughs in improving ramie fabric itchiness[25](index=25&type=chunk) - Achieved "zero accidents, zero fatalities, and no major environmental incidents" ("two zeros and one no") in safety production and environmental protection during the first half of the year[26](index=26&type=chunk) [Analysis of Core Competencies](index=8&type=section&id=%E4%B8%89%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E6%A0%B8%E5%BF%83%E7%AB%9E%E4%BA%89%E5%8A%9B%E5%88%86%E6%9E%90) The company's core competencies are rooted in its complete industrial chain, strong brand portfolio, extensive technical expertise with **53 patents**, and the innovation capabilities of its high-tech subsidiaries - Established a full industrial chain from "raw materials - spinning - weaving - printing and dyeing - apparel"; Jinshuang Company's apparel processing base commenced operations, and Xuesong Company initiated R&D for high-end bast fiber jacquard fabrics[27](index=27&type=chunk) - Owns well-known brands such as "Xuesong," "Dongting," "Jinshuang," "Huasheng·Nature Family," and "Shan Hai You"; upgraded brand visual identity, formed a strategic partnership with "Exception," and participated in the China-Africa Economic and Trade Expo to enhance international visibility[27](index=27&type=chunk) - Obtained multiple international certifications including European Flax, GOTS, GRS, OEKO-TEX® Standard 100; participated in formulating **20 international, national, and industry textile standards**; accumulated **53 patents** (**13 invention patents**, **40 utility model patents**)[28](index=28&type=chunk) - **4 controlling subsidiaries** recognized as high-tech enterprises, and **4** as Hunan Province "specialized, refined, unique, and new" small and medium-sized enterprises; achieved breakthroughs in improving ramie fabric itchiness and recycling ramie-viscose waste[28](index=28&type=chunk) [Main Operating Conditions](index=8&type=section&id=%E5%9B%9B%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E4%B8%BB%E8%A6%81%E7%BB%8F%E8%90%A5%E6%83%85%E5%86%B5) Operating revenue increased by **31.28%** due to trade business growth, while non-core activities like stock disposals significantly impacted profit, and asset-liability structures saw notable shifts [Main Business Analysis](index=8&type=section&id=(%E4%B8%80)%20%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E5%88%86%E6%9E%90) Operating revenue increased by **31.28%** to **433.15 million yuan**, driven by trade business, while operating costs and expenses rose, and financial expenses decreased due to exchange rate fluctuations 2025年上半年财务报表相关科目变动分析 | Item | Current Period (Yuan) | Prior Year Period (Yuan) | Change (%) | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 433,145,467.21 | 329,948,590.45 | 31.28 | Actively expanded orders, increased trade business revenue | | Operating Cost | 418,404,203.47 | 308,264,445.31 | 35.73 | Operating revenue growth, rising unit prices of raw and auxiliary materials, increased labor costs | | Selling Expenses | 8,990,428.71 | 7,202,522.62 | 24.82 | E-commerce sales growth, increased e-commerce operation and other selling expenses | | Administrative Expenses | 29,749,245.51 | 25,644,705.40 | 16.01 | Reserved high-quality management talent, increased labor costs | | Financial Expenses | 1,260,481.68 | 2,476,082.01 | -49.09 | Exchange losses decreased year-on-year due to exchange rate fluctuations | | R&D Expenses | 5,816,909.89 | 5,476,485.98 | 6.22 | Increased investment in product design R&D and technological innovation | | Net Cash Flow from Operating Activities | -45,755,789.50 | -18,636,721.50 | / | Increased business scale, increased prepayments for purchases; increased labor costs | | Net Cash Flow from Investing Activities | 80,402,760.84 | -18,626,617.73 | / | Increased due to reduction in Xiangcai Securities shares; time deposits matured in current period | | Net Cash Flow from Financing Activities | -30,201,347.27 | -7,823,090.26 | / | Repaid part of bank loans, distributed cash dividends | [Impact of Non-Core Business on Profit](index=9&type=section&id=(%E4%BA%8C)%20%E9%9D%9E%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E5%AF%BC%E8%87%B4%E5%88%A9%E6%B6%A6%E9%87%8D%E5%A4%A7%E5%8F%98%E5%8C%96%E7%9A%84%E8%AF%B4%E6%98%8E) Non-core activities, including a **9.12 million yuan** investment income from stock disposal and a **9.33 million yuan** fair value change gain, significantly impacted the company's profit - Disposal of Xiangcai Securities shares recognized an investment income of **9.12 million yuan** in the current period[31](index=31&type=chunk) - Held Xiangcai Securities shares recognized a fair value change gain of **9.33 million yuan** in the current period due to capital market price fluctuations[31](index=31&type=chunk) [Analysis of Assets and Liabilities](index=9&type=section&id=(%E4%B8%89)%20%E8%B5%84%E4%BA%A7%E3%80%81%E8%B4%9F%E5%80%BA%E6%83%85%E5%86%B5%E5%88%86%E6%9E%90) Total assets and net assets attributable to shareholders decreased, with significant changes in trading financial assets, prepayments, contract liabilities, and non-current liabilities due within one year 2025年上半年资产及负债状况变动 | Item Name | End of Current Period (Yuan) | % of Total Assets (End of Current Period) | End of Prior Year (Yuan) | % of Total Assets (End of Prior Year) | % Change from Prior Year End | Explanation | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Cash and Bank Balances | 114,722,749.43 | 13.77 | 110,276,685.28 | 12.30 | 4.03 | Changes due to normal operating activities | | Trading Financial Assets | 20,060,000.00 | 2.41 | 68,221,440.00 | 7.61 | -70.60 | Mainly due to the sale of 7.4752 million shares of Xiangcai Securities held by the company in the current period | | Prepayments | 47,527,207.46 | 5.70 | 39,057,991.64 | 4.36 | 21.68 | Increased prepayments for company trade business purchases | | Short-term Borrowings | 55,040,722.22 | 6.61 | 80,079,895.84 | 8.93 | -31.27 | Repaid part of short-term bank loans in current period | | Contract Liabilities | 108,006,638.82 | 12.96 | 92,431,604.65 | 10.31 | 16.85 | Changes due to normal operating activities | | Non-current Liabilities Due Within One Year | 39,924,613.00 | 4.79 | 27,983,147.78 | 3.12 | 42.67 | 20 million yuan of long-term borrowings due within one year reclassified to non-current liabilities due within one year; repaid 7.65 million yuan of borrowings | [Analysis of Investment Status](index=11&type=section&id=(%E5%9B%9B)%20%E6%8A%95%E8%B5%84%E7%8A%B6%E5%86%B5%E5%88%86%E6%9E%90) The fair value of financial assets measured at fair value significantly decreased to **23.69 million yuan** due to the reduction in Xiangcai Securities shares, with a fair value change gain of **9.78 million yuan** for the period 2025年上半年以公允价值计量的金融资产变动情况 | Asset Category | Beginning Balance (Yuan) | Fair Value Change Gain/Loss for Current Period (Yuan) | Cumulative Fair Value Change Included in Equity (Yuan) | Amount Sold/Redeemed in Current Period (Yuan) | Ending Balance (Yuan) | | :--- | :--- | :--- | :--- | :--- | :--- | | Stocks | 68,221,440.00 | 9,776,997.91 | 38,384,442.09 | 20,060,000.00 | 20,060,000.00 | | Others | 3,634,513.36 | | | | 3,634,513.36 | | **Total** | **71,855,953.36** | **9,776,997.91** | **38,384,442.09** | **20,060,000.00** | **23,694,513.36** | [Analysis of Major Holding and Associate Companies](index=12&type=section&id=(%E5%85%AD)%20%E4%B8%BB%E8%A6%81%E6%8E%A7%E8%82%A1%E5%8F%82%E8%82%A1%E5%85%AC%E5%8F%B8%E5%88%86%E6%9E%90) Hunan Huasheng Industry and Trade Co., Ltd. reported a net profit of **0.94 million yuan**, while several other subsidiaries and an associate company incurred losses in H1 2025 2025年上半年主要子公司及参股公司财务情况 | Company Name | Company Type | Main Business | Registered Capital (10k Yuan) | Total Assets (10k Yuan) | Net Assets (10k Yuan) | Operating Revenue (10k Yuan) | Operating Profit (10k Yuan) | Net Profit (10k Yuan) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Hunan Huasheng Industry and Trade Co., Ltd. | Subsidiary | Trade | 4,000 | 35,808 | 23,432 | 36,675 | 44 | 94 | | Hunan Huasheng Apparel Co., Ltd. | Subsidiary | Textile and Apparel Industry | 10,800 | 3,815 | 3,320 | 411 | -33 | -39 | | Hunan Huasheng Dongting Ramie Co., Ltd. | Subsidiary | Textile Industry | 16,000 | 8,245 | -21,008 | 156 | -815 | -815 | | Hunan Huasheng Zhuzhou Xuesong Co., Ltd. | Subsidiary | Textile Industry | 20,691.06 | 31,383 | 2,870 | 5,867 | -1,699 | -1,684 | | Hunan Huasheng Pure Ramie Era Technology Co., Ltd. | Subsidiary | Textile and Apparel Industry | 1,000 | 1,944 | -120 | 291 | -285 | -286 | | Hunan Huasheng Jinshuang Health Technology Co., Ltd. | Subsidiary | Textile Industry | 3,654.2 | 3,427 | 1,302 | 247 | -224 | -223 | | Sichuan Huasheng Ramie New Material Co., Ltd. | Associate Company | Textile Industry | 1,000 | 44,725 | 164 | 2,163 | -929 | -929 | [Other Disclosure Matters](index=12&type=section&id=%E4%BA%94%E3%80%81%E5%85%B6%E4%BB%96%E6%8A%AB%E9%9C%B2%E4%BA%8B%E9%A1%B9) The company faces risks from macroeconomic volatility, market competition, exchange rate fluctuations, and raw material prices, which it addresses through strategic product, R&D, and financial management - Macroeconomic fluctuations and intensified market competition risks: Apparel and home textile terminal demand affected by macroeconomy, severe homogeneous market competition, and escalating personalized consumer demand[38](index=38&type=chunk) - Exchange rate fluctuation risk: Significant proportion of import/export business, two-way fluctuations in RMB exchange rate may lead to exchange losses[38](index=38&type=chunk) - Raw material price fluctuation risk: Prices of bast fiber raw materials influenced by market supply and demand, climate, policies, and exchange rates, directly impacting production costs and profits[39](index=39&type=chunk) - Response strategies: Optimize product structure, strengthen R&D, channel management, and brand building, improve operational efficiency, optimize supply chain management, utilize financial tools to mitigate exchange rate fluctuations, formulate flexible procurement strategies, maintain reasonable inventory, expand supply channels, and explore alternative materials[38](index=38&type=chunk)[39](index=39&type=chunk) [Corporate Governance, Environment, and Society](index=13&type=section&id=%E7%AC%AC%E5%9B%9B%E8%8A%82%20%E5%85%AC%E5%8F%B8%E6%B2%BB%E7%90%86%E3%80%81%E7%8E%AF%E5%A2%83%E5%92%8C%E7%A4%BE%E4%BC%9A) This section details changes in the company's governance structure, including board and senior management appointments and departures, profit distribution plans, and environmental information disclosure [Changes in Directors and Senior Management](index=13&type=section&id=%E4%B8%80%E3%80%81%E5%85%AC%E5%8F%B8%E8%91%A3%E4%BA%8B%E3%80%81%E9%AB%98%E7%BA%A7%E7%AE%A1%E7%90%86%E4%BA%BA%E5%91%98%E5%8F%98%E5%8A%A8%E6%83%85%E5%86%B5) During the reporting period, Xie Ping was elected chairman and Liang Cuijun appointed general manager, while former chairman Liu Zhigang and general manager Liao Yongqiang resigned, and the board of supervisors was abolished - Xie Ping was elected as a director and chairman of the company[41](index=41&type=chunk) - Liang Cuijun was appointed as the company's general manager and elected as a director and vice chairman[41](index=41&type=chunk) - Mr. Liu Zhigang no longer serves as the company's chairman and director, and Mr. Liao Yongqiang no longer serves as the company's vice chairman, director, and general manager[41](index=41&type=chunk) - The company revised its Articles of Association and abolished the board of supervisors, leading to the departure of supervisors such as Su Qibin, Xie Tao, and Liu Lie[41](index=41&type=chunk) [Profit Distribution or Capital Reserve Conversion Plan](index=13&type=section&id=%E4%BA%8C%E3%80%81%E5%88%A9%E6%B6%A6%E5%88%86%E9%85%8D%E6%88%96%E8%B5%84%E6%9C%AC%E5%85%AC%E7%A7%AF%E9%87%91%E8%BD%AC%E5%A2%9E%E9%A2%84%E6%A1%88) The company has no proposed semi-annual profit distribution or capital reserve conversion plan for the current reporting period - Distribution or conversion: No[42](index=42&type=chunk) - Number of bonus shares, dividends, and conversion shares per 10 shares are all "/"[42](index=42&type=chunk) [Environmental Information Disclosure](index=14&type=section&id=%E5%9B%9B%E3%80%81%E7%BA%B3%E5%85%A5%E7%8E%AF%E5%A2%83%E4%BF%A1%E6%81%AF%E4%BE%9D%E6%B3%95%E6%8A%AB%E9%9C%B2%E4%BC%81%E4%B8%9A%E5%90%8D%E5%8D%95%E7%9A%84%E4%B8%8A%E5%B8%82%E5%85%AC%E5%8F%B8%E5%8F%8A%E5%85%B6%E4%B8%BB%E8%A6%81%E5%AD%90%E5%85%AC%E5%8F%B8%E7%9A%84%E7%8E%AF%E5%A2%83%E4%BF%A1%E6%81%AF%E6%83%85%E5%86%B5) Hunan Huasheng Textile Technology Co., Ltd., a subsidiary, is listed for environmental information disclosure, with its report accessible via the "Enterprise Environmental Information Disclosure System (Hunan)" - Number of enterprises included in the list of environmental information disclosure: **1**[44](index=44&type=chunk) - Enterprise name: Hunan Huasheng Textile Technology Co., Ltd[44](index=44&type=chunk) - Query index: Enterprise Environmental Information Disclosure System (Hunan) http://222.244.103.251:8181/hnyfpl/frontal/index.html/home/index[44](index=44&type=chunk) [Significant Matters](index=14&type=section&id=%E7%AC%AC%E4%BA%94%E8%8A%82%20%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9) This section covers the fulfillment of commitments, regulatory penalties and rectification, significant related party transactions, major contracts, and other important ongoing matters [Fulfillment of Commitments](index=14&type=section&id=%E4%B8%80%E3%80%81%E6%89%BF%E8%AF%BA%E4%BA%8B%E9%A1%B9%E5%B1%A5%E8%A1%8C%E6%83%85%E5%86%B5) Controlling shareholder Hunan Xingxiang Investment Holding Group Co., Ltd. is strictly fulfilling its long-term commitment to eliminate horizontal competition with the listed company within five years - Commitment party: Hunan Xingxiang Investment Holding Group Co., Ltd[45](index=45&type=chunk) - Commitment type: Resolution of horizontal competition[45](index=45&type=chunk) - Commitment content: Within five years after the completion of this transaction, gradually reduce and ultimately eliminate horizontal competition through entrusted management, asset restructuring, business integration, asset transfer, and other means[46](index=46&type=chunk) - Commitment period: Long-term effective, starting from August 23, 2022[45](index=45&type=chunk) - Fulfillment status: Strictly fulfilled[45](index=45&type=chunk) [Violations, Penalties, and Rectification](index=15&type=section&id=%E5%85%AB%E3%80%81%E4%B8%8A%E5%B8%82%E5%85%AC%E5%8F%B8%E5%8F%8A%E5%85%B6%E8%91%A3%E4%BA%8B%E3%80%81%E9%AB%98%E7%BA%A7%E7%AE%A1%E7%90%86%E4%BA%BA%E5%91%98%E3%80%81%E6%8E%A7%E8%82%A1%E8%82%A1%E4%B8%9C%E3%80%81%E5%AE%9E%E9%99%85%E6%8E%A7%E5%88%B6%E4%BA%BA%E6%B6%89%E5%AB%8C%E8%BF%9D%E6%B3%95%E8%BF%9D%E8%A7%84%E3%80%81%E5%8F%97%E5%88%B0%E5%A4%84%E7%BD%9A%E5%8F%8A%E6%95%B4%E6%94%B9%E6%83%85%E5%86%B5) The company received an administrative regulatory measure decision from the Hunan Regulatory Bureau of the China Securities Regulatory Commission on **April 15, 2025**, ordering rectification, and has since implemented a comprehensive plan to address the issues - Received an administrative regulatory measure decision (No. [2025]10) from the Hunan Regulatory Bureau of the China Securities Regulatory Commission on **April 15, 2025**[48](index=48&type=chunk) - The company was ordered to rectify, and relevant responsible persons were issued warning letters[48](index=48&type=chunk) - The company has formulated a rectification plan and is correcting issues by improving systems, optimizing business processes, and strengthening business training[49](index=49&type=chunk) [Significant Related Party Transactions](index=16&type=section&id=%E5%8D%81%E3%80%81%E9%87%8D%E5%A4%A7%E5%85%B3%E8%81%94%E4%BA%A4%E6%98%93) The company provided an additional loan of **1.66 million yuan** to its subsidiary Hunan Huasheng Jinshuang Health Technology Co., Ltd. in H1 2025, approved through due procedures - The company convened a board meeting on **July 15, 2024**, and a shareholders' meeting on **July 31, 2024**, to approve the "Proposal on Increasing Loan Quota to Subsidiaries and Related Party Transactions"[51](index=51&type=chunk) - In the first half of 2025, the company provided an additional loan of **1.66 million yuan** to Jinshuang Company[51](index=51&type=chunk) [Significant Contracts and Their Performance](index=17&type=section&id=%E5%8D%81%E4%B8%80%E3%80%81%E9%87%8D%E5%A4%A7%E5%90%88%E5%90%8C%E5%8F%8A%E5%85%B6%E5%B1%A5%E8%A1%8C%E6%83%85%E5%86%B5) At the end of the reporting period, the total guarantee balance for subsidiaries was **85 million yuan**, representing **21.42%** of the company's net assets, with no new guarantees issued - Total amount of guarantees provided to subsidiaries during the reporting period: **0 million yuan**[53](index=53&type=chunk) - Total guarantee balance for subsidiaries at the end of the reporting period: **85 million yuan**[53](index=53&type=chunk) - Ratio of total company guarantees to company net assets: **21.42%**[53](index=53&type=chunk) [Other Significant Matters](index=17&type=section&id=%E5%8D%81%E4%B8%89%E3%80%81%E5%85%B6%E4%BB%96%E9%87%8D%E5%A4%A7%E4%BA%8B%E9%A1%B9%E7%9A%84%E8%AF%B4%E6%98%8E) The company is actively progressing with a major asset restructuring to acquire **100%** equity of Shenzhen Yixin Technology Co., Ltd. through share issuance and cash payment, along with raising supporting funds - The company is planning to acquire **100% equity** of Shenzhen Yixin Technology Co., Ltd. through share issuance and cash payment, and simultaneously raise supporting funds[54](index=54&type=chunk) - The company's shares were suspended from **June 10, 2025**, to **June 23, 2025**, and resumed trading from **June 24, 2025**[54](index=54&type=chunk) - The relevant transaction preliminary plan has been approved by the 19th meeting of the Ninth Board of Directors and the 9th meeting of the Ninth Board of Supervisors[54](index=54&type=chunk) [Share Changes and Shareholder Information](index=18&type=section&id=%E7%AC%AC%E5%85%AD%E8%8A%82%20%E8%82%A1%E4%BB%BD%E5%8F%98%E5%8A%A8%E5%8F%8A%E8%82%A1%E4%B8%9C%E6%83%85%E5%86%B5) This section details the company's share capital stability and the composition of its shareholders, including the top ten shareholders and their holdings [Share Capital Changes](index=18&type=section&id=%E4%B8%80%E3%80%81%E8%82%A1%E6%9C%AC%E5%8F%98%E5%8A%A8%E6%83%85%E5%86%B5) During the reporting period, the company's total share capital and share structure remained unchanged - During the reporting period, there were no changes in the company's total share capital or share structure[56](index=56&type=chunk) [Shareholder Information](index=18&type=section&id=%E4%BA%8C%E3%80%81%E8%82%A1%E4%B8%9C%E6%83%85%E5%86%B5) As of the reporting period end, the company had **33,385** common shareholders, with Hunan Xingxiang Investment Holding Group Co., Ltd. as the largest shareholder, and no pledged or frozen holdings among the top ten - Total number of common shareholders at the end of the reporting period: **33,385**[57](index=57&type=chunk) Top Ten Shareholders' Shareholdings as of the End of the Reporting Period | Shareholder Name | Shares Held at Period End (Shares) | Percentage (%) | Shareholder Nature | | :--- | :--- | :--- | :--- | | Hunan Xingxiang Investment Holding Group Co., Ltd. | 162,104,312 | 40.31 | State-owned Legal Person | | Ou Yanwu | 3,293,112 | 0.82 | Domestic Natural Person | | Niu Guilan | 2,600,000 | 0.65 | Domestic Natural Person | | Dong Qi | 2,317,100 | 0.58 | Domestic Natural Person | | Fu Qianjun | 2,130,000 | 0.53 | Domestic Natural Person | | Ren Xiangwei | 1,687,500 | 0.42 | Domestic Natural Person | | Li Xueqin | 1,661,700 | 0.41 | Domestic Natural Person | | Peng Yidong | 1,620,100 | 0.40 | Domestic Natural Person | | Li Xiaojie | 1,513,700 | 0.38 | Domestic Natural Person | | Bai Changmin | 1,390,566 | 0.35 | Domestic Natural Person | - None of the top ten shareholders' holdings were pledged, marked, or frozen[59](index=59&type=chunk) [Bond-Related Information](index=20&type=section&id=%E7%AC%AC%E4%B8%83%E8%8A%82%20%E5%80%BA%E5%88%B8%E7%9B%B8%E5%85%B3%E6%83%85%E5%86%B5) This section confirms that the company had no corporate bonds, debt financing instruments, or convertible corporate bonds during the reporting period [Corporate Bonds and Debt Financing Instruments](index=20&type=section&id=%E4%B8%80%E3%80%81%E5%85%AC%E5%8F%B8%E5%80%BA%E5%88%B8%EF%BC%88%E5%90%AB%E4%BC%81%E4%B8%9A%E5%80%BA%E5%88%B8%EF%BC%89%E5%92%8C%E9%9D%9E%E9%87%91%E8%9E%8D%E4%BC%81%E4%B8%9A%E5%80%BA%E5%8A%A1%E8%9E%8D%E8%B5%84%E5%B7%A5%E5%85%B7) During the reporting period, the company had no corporate bonds or non-financial enterprise debt financing instruments - The company had no corporate bonds (including enterprise bonds) or non-financial enterprise debt financing instruments[63](index=63&type=chunk) [Convertible Corporate Bonds](index=20&type=section&id=%E4%BA%8C%E3%80%81%E5%8F%AF%E8%BD%AC%E6%8D%A2%E5%85%AC%E5%8F%B8%E5%80%BA%E5%88%B8%E6%83%85%E5%86%B5) During the reporting period, the company had no convertible corporate bonds - The company had no convertible corporate bonds[63](index=63&type=chunk) [Financial Report](index=20&type=section&id=%E7%AC%AC%E5%85%AB%E8%8A%82%20%E8%B4%A2%E5%8A%A1%E6%8A%A5%E5%91%8A) This section presents the company's unaudited financial statements, including balance sheets, income statements, cash flow statements, and statements of changes in owners' equity, along with detailed notes on accounting policies, taxes, and financial items [Audit Report](index=20&type=section&id=%E4%B8%80%E3%80%81%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A) This semi-annual report is unaudited - This semi-annual report is unaudited[5](index=5&type=chunk) [Financial Statements](index=20&type=section&id=%E4%BA%8C%E3%80%81%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) This section includes the company's unaudited consolidated and parent company financial statements as of June 30, 2025, reflecting its semi-annual financial position and operating results - Includes consolidated balance sheet, parent company balance sheet, consolidated income statement, parent company income statement, consolidated cash flow statement, parent company cash flow statement, consolidated statement of changes in owners' equity, and parent company statement of changes in owners' equity[64](index=64&type=chunk)[67](index=67&type=chunk)[70](index=70&type=chunk)[73](index=73&type=chunk)[75](index=75&type=chunk)[76](index=76&type=chunk)[80](index=80&type=chunk)[83](index=83&type=chunk) - Financial statements are unaudited[5](index=5&type=chunk) [Company Basic Information](index=29&type=section&id=%E4%B8%89%E3%80%81%E5%85%AC%E5%8F%B8%E5%9F%BA%E6%9C%AC%E6%83%85%E5%86%B5) Hunan Huasheng Co., Ltd., established in March 1998 and listed on the Shanghai Stock Exchange, has a registered capital of **402.11 million yuan** and is ultimately controlled by the Hunan Provincial SASAC, focusing on ramie and blended textile products - Company established in **March 1998**, listed on Shanghai Stock Exchange on **May 27, 1998**, stock code **600156**[87](index=87&type=chunk) - Registered capital of **402,110,702.00 yuan**, all being unrestricted tradable A-shares[87](index=87&type=chunk) - Ultimate controlling party is the Hunan Provincial People's Government State-owned Assets Supervision and Administration Commission[87](index=87&type=chunk) - Main business: Development, production, and sale of ramie and ramie-blended yarns, fabrics, printed and dyed fabrics, apparel, other textile products, and chemical fiber chemical products[88](index=88&type=chunk) [Basis of Financial Statement Preparation](index=29&type=section&id=%E5%9B%9B%E3%80%81%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8%E7%BC%96%E5%88%B6%E5%9F%BA%E7%A1%80) The company's financial statements are prepared on a going concern basis, affirming its ability to continue operations for at least **12 months** from the reporting period end - Financial statements are prepared on a going concern basis[89](index=89&type=chunk) - The company has the ability to continue as a going concern for at least **12 months** from the end of the reporting period, with no significant doubts identified regarding its going concern ability[90](index=90&type=chunk) [Significant Accounting Policies and Estimates](index=29&type=section&id=%E4%BA%94%E3%80%81%E9%87%8D%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%94%BF%E7%AD%96%E5%8F%8A%E4%BC%9A%E8%AE%A1%E4%BC%B0%E8%AE%A1) This section outlines the company's accounting policies for financial instruments, fixed assets, intangible assets, revenue recognition, and other key areas, ensuring compliance with enterprise accounting standards - Complies with enterprise accounting standards, truly and completely reflecting financial position[92](index=92&type=chunk) - Accounting year is from **January 1 to December 31** of the Gregorian calendar, operating cycle is **12 months**, and functional currency is RMB[93](index=93&type=chunk)[94](index=94&type=chunk)[95](index=95&type=chunk) - Detailed rules for recognition, derecognition, classification, and measurement of financial instruments, especially impairment treatment under the expected credit loss model[104](index=104&type=chunk)[109](index=109&type=chunk) - Inventories are valued using the weighted average method, low-value consumables and packaging materials are amortized using the one-off write-off method, and inventory impairment provisions are measured at the lower of cost and net realizable value[128](index=128&type=chunk)[130](index=130&type=chunk) - Revenue is recognized when performance obligations are satisfied and the customer obtains control of goods or services, including domestic sales, export sales, and processing services[161](index=161&type=chunk)[162](index=162&type=chunk) - Government grants are classified as asset-related or income-related, recognized as deferred income or included in current profit/loss, respectively[163](index=163&type=chunk)[164](index=164&type=chunk) - Lease accounting distinguishes between lessees and lessors; lessees recognize right-of-use assets and lease liabilities, while lessors classify leases as finance or operating leases[167](index=167&type=chunk)[173](index=173&type=chunk) [Taxation](index=46&type=section&id=%E5%85%AD%E3%80%81%E7%A8%8E%E9%A1%B9) The company's main taxes include VAT, Urban Maintenance and Construction Tax, Education Surcharge, Land Appreciation Tax, Property Tax, and Corporate Income Tax, with some subsidiaries enjoying preferential income tax rates Major Tax Categories and Rates | Tax Category | Tax Basis | Tax Rate | | :--- | :--- | :--- | | Value-Added Tax | Sales amount/Property income/Lease income | 13%/6%/5% | | Urban Maintenance and Construction Tax | VAT payable | 7% | | Education Surcharge | VAT payable | 3% | | Land Appreciation Tax | Levied on the appreciation amount from real estate transfer at prescribed progressive rates | 30% - 60% | | Property Tax | Assessed at 1.2% of the original value of the property after a one-time deduction of 20%; for rented houses, based on rental income | 1.2%/12% | | Corporate Income Tax | Taxable income | Levied at 25% of taxable income | Corporate Income Tax Rates for Different Taxable Entities | Taxable Entity Name | Income Tax Rate (%) | | :--- | :--- | | Hunan Huasheng Zhuzhou Xuesong Co., Ltd. | 15% | | Hunan Huasheng Jinshuang Health Technology Co., Ltd. | 15% | | Hunan Huasheng Apparel Co., Ltd. | 20% | | Hunan Huasheng Textile Technology Co., Ltd. | 20% | | Hunan Huasheng Pure Ramie Era Technology Co., Ltd. | 20% | | Hunan Huasheng Dongting Ramie Co., Ltd. | 25% | - Hunan Huasheng Zhuzhou Xuesong Co., Ltd. and Hunan Huasheng Jinshuang Health Technology Co., Ltd. enjoy a **15%** preferential corporate income tax rate for high-tech enterprises[177](index=177&type=chunk) - Hunan Huasheng Apparel Co., Ltd., Hunan Huasheng Textile Technology Co., Ltd., and Hunan Huasheng Pure Ramie Era Technology Co., Ltd. opt for a **20%** preferential tax rate for small and micro enterprises[178](index=178&type=chunk)[179](index=179&type=chunk) [Notes to Consolidated Financial Statement Items](index=47&type=section&id=%E4%B8%83%E3%80%81%E5%90%88%E5%B9%B6%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8%E9%A1%B9%E7%9B%AE%E6%B3%A8%E9%87%8A) This section provides detailed explanations for consolidated financial statement items, highlighting significant changes in assets, liabilities, and equity, including reclassifications and impairment provisions [Cash and Bank Balances](index=47&type=section&id=1%E3%80%81%20%E8%B4%A7%E5%B8%81%E8%B5%84%E9%87%91) The ending balance of cash and bank balances was **114.72 million yuan**, a **4.03%** increase from the beginning of the period, primarily comprising bank deposits and restricted other cash and bank balances - Ending balance of cash and bank balances was **114,722,749.43 yuan**, an increase of **4.03%** from the beginning of the period[183](index=183&type=chunk) [Trading Financial Assets](index=47&type=section&id=2%E3%80%81%20%E4%BA%A4%E6%98%93%E6%80%A7%E9%87%91%E8%9E%8D%E8%B5%84%E4%BA%A7) The ending balance of trading financial assets significantly decreased by **70.60%** to **20.06 million yuan**, mainly due to the company's sale of Xiangcai Securities shares - Ending balance of trading financial assets was **20,060,000.00 yuan**, a significant decrease of **70.60%** from the beginning balance of 68,221,440.00 yuan[181](index=181&type=chunk) - Mainly due to the company's sale of **7.4752 million shares** of Xiangcai Securities in the current period[32](index=32&type=chunk) [Accounts Receivable](index=48&type=section&id=5%E3%80%81%20%E5%BA%94%E6%94%B6%E8%B4%A6%E6%AC%BE) The ending book balance of accounts receivable was **120.77 million yuan**, with an impairment provision of **44.30 million yuan**, primarily for individually recognized uncollectible amounts and aging portfolio - Ending book balance of accounts receivable was **120,765,115.32 yuan**, with an impairment provision of **44,302,536.15 yuan**[187](index=187&type=chunk) - Accounts receivable for which impairment provisions were individually recognized accounted for **29.65%**, with a **100%** provision rate, mainly for amounts deemed uncollectible[187](index=187&type=chunk)[188](index=188&type=chunk)[189](index=189&type=chunk) - Accounts receivable for which impairment provisions were recognized by portfolio accounted for **70.35%**, primarily based on aging portfolio[187](index=187&type=chunk)[190](index=190&type=chunk) [Prepayments](index=54&type=section&id=8%E3%80%81%20%E9%A2%84%E4%BB%98%E6%AC%BE%E9%A1%B9) The ending balance of prepayments increased by **21.68%** to **47.53 million yuan**, mainly due to increased prepayments for trade business purchases, with **94.54%** having an aging of less than 1 year - Ending balance of prepayments was **47,527,207.46 yuan**, an increase of **21.68%** from the beginning of the period[197](index=197&type=chunk) - Mainly due to increased prepayments for company trade business purchases[32](index=32&type=chunk) - Prepayments with an aging of less than **1 year** (including 1 year) accounted for **94.54%**[197](index=197&type=chunk) [Other Receivables](index=54&type=section&id=9%E3%80%81%20%E5%85%B6%E4%BB%96%E5%BA%94%E6%94%B6%E6%AC%BE) The ending balance of other receivables was **6.77 million yuan**, a **34.21%** decrease, with an impairment provision of **10.43 million yuan** primarily recognized by aging portfolio - Ending balance of other receivables was **6,767,492.08 yuan**, a decrease of **34.21%** from the beginning of the period[199](index=199&type=chunk) - Impairment provision balance at period end was **10,428,994.48 yuan**, with **171,728.56 yuan** recognized and **207,382.84 yuan** reversed in the current period[207](index=207&type=chunk)[210](index=210&type=chunk) - By nature of item, intercompany balances accounted for **15,019,375.59 yuan**[205](index=205&type=chunk) [Inventories](index=59&type=section&id=10%E3%80%81%20%E5%AD%98%E8%B4%A7) The ending book value of inventories was **60.00 million yuan**, with an inventory impairment provision of **47.69 million yuan**, primarily comprising raw materials, work in progress, and finished goods - Ending book value of inventories was **60,002,884.49 yuan**, with an inventory impairment provision of **47,685,130.33 yuan**[213](index=213&type=chunk) - Inventories primarily include raw materials, work in progress, finished goods, goods in transit, and consigned processing materials[213](index=213&type=chunk) [Non-Current Assets Due Within One Year](index=60&type=section&id=12%E3%80%81%20%E4%B8%80%E5%B9%B4%E5%86%85%E5%88%B0%E6%9C%9F%E7%9A%84%E9%9D%9E%E6%B5%81%E5%8A%A8%E8%B5%84%E4%BA%A7) The ending balance of non-current assets due within one year was **21.46 million yuan**, primarily consisting of large-denomination time deposits maturing within one year - Ending balance of non-current assets due within one year was **21,457,000.00 yuan**[215](index=215&type=chunk) - Mainly consists of a Guangfa Bank large-denomination time deposit of **20,000,000.00 yuan** due within one year[217](index=217&type=chunk) [Debt Investments](index=62&type=section&id=14%E3%80%81%20%E5%80%BA%E6%9D%83%E6%8A%95%E8%B5%84) The ending balance of debt investments was **41.96 million yuan**, a **32.84%** decrease, mainly due to the reclassification of large-denomination time deposits to non-current assets due within one year - Ending balance of debt investments was **41,962,958.00 yuan**, a decrease of **32.84%** from the beginning of the period[220](index=220&type=chunk) - Mainly due to the reclassification of large-denomination time deposits due within one year to non-current assets due within one year[32](index=32&type=chunk) - At period end, primarily consisted of Dongguan Bank large-denomination time deposits of **40,000,000.00 yuan**[221](index=221&type=chunk) [Long-Term Equity Investments](index=65&type=section&id=17%E3%80%81%20%E9%95%BF%E6%9C%9F%E8%82%A1%E6%9D%83%E6%8A%95%E8%B5%84) The ending book value of long-term equity investments was **22.92 million yuan**, a **13.16%** decrease, primarily due to recognized investment losses from associate companies accounted for using the equity method - Ending book value of long-term equity investments was **22,916,589.36 yuan**, a decrease of **13.16%** from the beginning of the period[32](index=32&type=chunk)[225](index=225&type=chunk) - Mainly due to the recognition of investment losses from associate companies of **-3,474,060.21 yuan**[225](index=225&type=chunk) - Primarily accounts for investments in Hunan Yingjie High-Tech Co., Ltd. and Sichuan Huasheng Ramie New Material Co., Ltd. using the equity method[225](index=225&type=chunk) [Investment Properties](index=66&type=section&id=20%E3%80%81%20%E6%8A%95%E8%B5%84%E6%80%A7%E6%88%BF%E5%9C%B0%E4%BA%A7) The ending book value of investment properties was **48.97 million yuan**, measured using the cost model, primarily comprising buildings and land use rights, with **1.47 million yuan** in depreciation and amortization recognized - Ending book value of investment properties was **48,967,672.86 yuan**[229](index=229&type=chunk) - Measured using the cost model, primarily comprising buildings and land use rights[142](index=142&type=chunk)[229](index=229&type=chunk) - Depreciation and amortization of **1,468,010.28 yuan** recognized in the current period[229](index=229&type=chunk) [Fixed Assets](index=67&type=section&id=21%E3%80%81%20%E5%9B%BA%E5%AE%9A%E8%B5%84%E4%BA%A7) The ending book value of fixed assets was **229.38 million yuan**, with an increase of **1.63 million yuan** and depreciation of **7.29 million yuan** recognized, and **1.40 million yuan** in temporarily idle assets - Ending book value of fixed assets was **229,377,353.46 yuan**[232](index=232&type=chunk) - Original cost of fixed assets increased by **1,633,091.00 yuan** in the current period, and accumulated depreciation increased by **7,292,540.79 yuan**[231](index=231&type=chunk) - Book value of temporarily idle fixed assets was **1,399,498.30 yuan**[234](index=234&type=chunk) [Intangible Assets](index=70&type=section&id=26%E3%80%81%20%E6%97%A0%E5%BD%A2%E8%B5%84%E4%BA%A7) The ending book value of intangible assets was **130.39 million yuan**, primarily land use rights, with accumulated amortization increasing by **1.89 million yuan** in the current period - Ending book value of intangible assets was **130,393,517.83 yuan**[243](index=243&type=chunk) - Primarily composed of land use rights, with an ending book value of **130,213,726.94 yuan**[243](index=243&type=chunk) - Accumulated amortization increased by **1,887,096.07 yuan** in the current period[242](index=242&type=chunk) [Assets with Restricted Ownership or Use Rights](index=73&type=section&id=31%E3%80%81%20%E6%89%80%E6%9C%89%E6%9D%83%E6%88%96%E4%BD%BF%E7%94%A8%E6%9D%83%E5%8F%97%E9%99%90%E8%B5%84%E4%BA%A7) Total assets with restricted ownership or use rights amounted to **95.08 million yuan**, including cash, fixed assets, intangible assets, and investment properties, due to litigation freezes, government grants, and bank loan collateral - Total assets with restricted ownership or use rights at period end amounted to **95,082,935.30 yuan**[256](index=256&type=chunk) - Restricted assets include cash and bank balances, fixed assets, intangible assets, and investment properties[256](index=256&type=chunk) - Reasons for restriction include litigation freezes, government grants for specific purposes, and bank loan collateral[256](index=256&type=chunk)[257](index=257&type=chunk) [Short-Term Borrowings](index=74&type=section&id=32%E3%80%81%20%E7%9F%AD%E6%9C%9F%E5%80%9F%E6%AC%BE) The ending balance of short-term borrowings was **55.04 million yuan**, a **31.27%** decrease, primarily due to the repayment of some short-term bank loans, comprising both secured and unsecured borrowings - Ending balance of short-term borrowings was **55,040,722.22 yuan**, a decrease of **31.27%** from the beginning of the period[259](index=259&type=chunk) - Mainly due to the repayment of some short-term bank loans in the current period[32](index=32&type=chunk) - Short-term borrowings include secured borrowings of **40,027,222.22 yuan** and unsecured borrowings of **15,013,500.00 yuan**[259](index=259&type=chunk) [Accounts Payable](index=75&type=section&id=36%E3%80%81%20%E5%BA%94%E4%BB%98%E8%B4%A6%E6%AC%BE) The ending balance of accounts payable was **44.53 million yuan**, a **28.95%** decrease, primarily due to reduced payables for goods, with **10.57 million yuan** in significant unsettled payables over 1 year old - Ending balance of accounts payable was **44,528,252.50 yuan**, a decrease of **28.95%** from the beginning of the period[262](index=262&type=chunk) - Mainly due to a reduction in payables for goods[32](index=32&type=chunk) - Accounts payable with an aging of over **1 year** and significant amounts totaled **10,566,975.33 yuan**, which remain unsettled[264](index=264&type=chunk) [Contract Liabilities](index=76&type=section&id=38%E3%80%81%20%E5%90%88%E5%90%8C%E8%B4%9F%E5%80%BA) The ending balance of contract liabilities was **108.01 million yuan**, a **16.85%** increase, primarily due to increased advance receipts for goods, with **42.85 million yuan** in significant unsettled liabilities over 1 year old - Ending balance of contract liabilities was **108,006,638.82 yuan**, an increase of **16.85%** from the beginning of the period[266](index=266&type=chunk) - Mainly due to an increase in advance receipts for goods[266](index=266&type=chunk) - Contract liabilities with an aging of over **1 year** and significant amounts totaled **42,854,998.89 yuan**, which remain unsettled[267](index=267&type=chunk) [Employee Compensation Payable](index=76&type=section&id=39%E3%80%81%20%E5%BA%94%E4%BB%98%E8%81%8C%E5%B7%A5%E8%96%AA%E9%85%AC) The ending balance of employee compensation payable was **20.32 million yuan**, a **38.83%** decrease, primarily due to payments made in the current period, including short-term compensation, post-employment benefits, and termination benefits - Ending balance of employee compensation payable was **20,321,673.58 yuan**, a decrease of **38.83%** from the beginning of the period[270](index=270&type=chunk) - Mainly due to the payment of employee compensation in the current period[32](index=32&type=chunk) - Includes short-term compensation of **7,881,988.68 yuan**, post-employment benefits (defined contribution plans) of **635,945.45 yuan**, and termination benefits of **11,803,739.45 yuan**[270](index=270&type=chunk) [Non-Current Liabilities Due Within 1 Year](index=78&type=section&id=43%E3%80%81%201%20%E5%B9%B4%E5%86%85%E5%88%B0%E6%9C%9F%E7%9A%84%E9%9D%9E%E6%B5%81%E5%8A%A8%E8%B4%9F%E5%80%BA) The ending balance of non-current liabilities due within 1 year was **39.92 million yuan**, a **42.67%** increase, primarily due to the reclassification of **20 million yuan** of long-term borrowings maturing within one year - Ending balance of non-current liabilities due within 1 year was **39,924,613.00 yuan**, an increase of **42.67%** from the beginning of the period[281](index=281&type=chunk) - Mainly due to the reclassification of **20 million yuan** of long-term borrowings due within one year to non-current liabilities due within one year according to the repayment plan[32](index=32&type=chunk) [Long-Term Borrowings](index=79&type=section&id=45%E3%80%81%20%E9%95%BF%E6%9C%9F%E5%80%9F%E6%AC%BE) The ending balance of long-term borrowings was **65.10 million yuan**, a **13.33%** decrease, primarily consisting of guaranteed and secured borrowings, with some reclassified to non-current liabilities due within one year - Ending balance of long-term borrowings was **65,102,777.78 yuan**, a decrease of **13.33%** from the beginning of the period[284](index=284&type=chunk) - Primarily guaranteed and secured borrowings, obtained with joint and several liability guarantees from the company and collateral from some subsidiary properties[284](index=284&type=chunk) - As of **June 30, 2025**, the balance of this borrowing was **85 million yuan**, of which **20 million yuan** was reclassified to non-current liabilities due within one year[284](index=284&type=chunk) [Provisions](index=81&type=section&id=50%E3%80%81%20%E9%A2%84%E8%AE%A1%E8%B4%9F%E5%80%BA) The ending balance of provisions was **19.99 million yuan**, primarily representing late payment fees for social security contributions by Hunan Huasheng Dongting Ramie Co., Ltd., recognized due to significant uncertainty regarding future waivers - Ending balance of provisions was **19,989,290.13 yuan**[293](index=293&type=chunk) - Mainly represents late payment fees for social security contributions accumulated over the years by subsidiary Hunan Huasheng Dongting Ramie Co., Ltd[293](index=293&type=chunk) - Recognized as a provision due to significant uncertainty regarding the possibility of future waivers of late payment fees[293](index=293&type=chunk) [Operating Revenue and Operating Cost](index=83&type=section&id=61%E3%80%81%20%E8%90%A5%E4%B8%9A%E6%94%B6%E5%85%A5%E5%92%8C%E8%90%A5%E4%B8%9A%E6%88%90%E6%9C%AC) Current period operating revenue was **433.15 million yuan** and operating cost was **418.40 million yuan**, with main business revenue dominating and overseas revenue accounting for **82.94%** - Current period operating revenue was **433,145,467.21 yuan**, operating cost was **418,404,203.47 yuan**[303](index=303&type=chunk) - Main business revenue was **426,175,645.81 yuan**, of which trade business revenue was **362,819,644.06 yuan**, and textile production revenue was **63,356,001.75 yuan**[301](index=301&type=chunk)[305](index=305&type=chunk) - By operating region, overseas revenue was **359,770,271.23 yuan**, accounting for **82.94%**[305](index=305&type=chunk) [Investment Income](index=86&type=section&id=68%E3%80%81%20%E6%8A%95%E8%B5%84%E6%94%B6%E7%9B%8A) Current period investment income was **6.63 million yuan**, primarily from the disposal of trading financial assets, partially offset by losses from long-term equity investments accounted for using the equity method - Current period investment income was **6,630,584.23 yuan**[314](index=314&type=chunk) - Mainly from investment income of **9,122,074.44 yuan** from the disposal of trading financial assets[313](index=313&type=chunk) - Long-term equity investment income accounted for using the equity method was **-3,474,060.21 yuan**[313](index=313&type=chunk) [Fair Value Change Gains](index=87&type=section&id=70%E3%80%81%20%E5%85%AC%E5%85%81%E4%BB%B7%E5%80%BC%E5%8F%98%E5%8A%A8%E6%94%B6%E7%9B%8A) Current period fair value change gains amounted to **9.33 million yuan**, primarily from fair value changes in trading financial assets - Current period fair value change gains amounted to **9,330,576.00 yuan**[315](index=315&type=chunk) - Mainly from fair value changes in trading financial assets[315](index=315&type=chunk) [Cash Flow Statement Items](index=89&type=section&id=78%E3%80%81%20%E7%8E%B0%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8%E9%A1%B9%E7%9B%AE) Current period net cash flow from operating activities was **-45.76 million yuan**, from investing activities was **80.40 million yuan**, and from financing activities was **-30.20 million yuan**, with investing inflows mainly from stock disposal and matured time deposits - Net cash flow from operating activities was **-45,755,789.50 yuan**[334](index=334&type=chunk) - Net cash flow from investing activities was **80,402,760.84 yuan**[334](index=334&type=chunk) - Net cash flow from financing activities was **-30,201,347.27 yuan**[334](index=334&type=chunk) - Significant cash received from investing activities primarily came from the disposal of Xiangcai Securities shares and dividends of **66,580,778.31 yuan** and large-denomination time deposits of **21,950,000.00 yuan**[327](index=327&type=chunk) [R&D Expenses](index=94&type=section&id=%E5%85%AB%E3%80%81%E7%A0%94%E5%8F%91%E6%94%AF%E5%87%BA) Total R&D expenses for the reporting period were **5.82 million yuan**, all expensed, primarily covering employee compensation, materials, and various operational costs 2025年上半年研发支出按费用性质列示 | Item | Amount for Current Period (Yuan) | Amount for Prior Period (Yuan) | | :--- | :--- | :--- | | Employee Compensation | 3,643,314.47 | 3,180,888.69 | | Costs and Materials | 926,532.71 | 1,146,411.70 | | Travel Expenses | 218,813.06 | 228,511.66 | | Depreciation | 60,617.42 | 124,772.65 | | Technical Review Fees | 329,180.55 | 194,675.10 | | Office and Communication Fees | 42,357.74 | 33,455.58 | | Patent Fees and Other Expenses | 596,093.94 | 567,770.6 | | **Total** | **5,816,909.89** | **5,476,485.98** | - All R&D expenses were expensed[340](index=340&type=chunk) [Changes in Consolidation Scope](index=95&type=section&id=%E4%B9%9D%E3%80%81%E5%90%88%E5%B9%B6%E8%8C%83%E5%9B%B4%E7%9A%84%E5%8F%98%E6%9B%B4) During the reporting period, the company experienced no changes in its consolidation scope due to business combinations or subsidiary disposals - During the reporting period, there were no changes in consolidation scope due to business combinations under common control, business combinations not under common control, reverse acquisitions, or disposal of subsidiaries[341](index=341&type=chunk) [Interests in Other Entities](index=95&type=section&id=%E5%8D%81%E3%80%81%E5%9C%A8%E5%85%B6%E4%BB%96%E4%B8%BB%E4%BD%93%E4%B8%AD%E7%9A%84%E6%9D%83%E7%9B%8A) This section details the company's equity interests in its various controlling subsidiaries and associate companies, including their financial performance [Interests in Subsidiaries](index=95&type=section&id=1%E3%80%81%20%E5%9C%A8%E5%AD%90%E5%85%AC%E5%8F%B8%E4%B8%AD%E7%9A%84%E6%9D%83%E7%9B%8A) The company holds controlling interests in several subsidiaries, including Hunan Huasheng Industry and Trade Co., Ltd., Hunan Huasheng Dongting Ramie Co., Ltd., and Hunan Huasheng Zhuzhou Xuesong Co., Ltd. 主要子公司构成 | Subsidiary Name | Main Operating Location | Registered Location | Business Nature | Shareholding Ratio(%) (Direct) | Acquisition Method | | :--- | :--- | :--- | :--- | :--- | :--- | | Hunan Huasheng Industry and Trade Co., Ltd. | Changsha | Changsha City, Hunan Province | Trade | 99.00 | Business combination under common control | | Hunan Huasheng Dongting Ramie Co., Ltd. | Yueyang | Yueyang City, Hunan Province | Textile Industry | 88.85 | Business combination under common control | | Hunan Huasheng Zhuzhou Xuesong Co., Ltd. | Zhuzhou | Zhuzhou City, Hunan Province | Textile Industry | 80.73 | Business combination under common control | | Hunan Huasheng Apparel Co., Ltd. | Changsha | Changsha City, Hunan Province | Apparel Industry | 70.00 | Establishment | | Hunan Huasheng Jinshuang Health Technology Co., Ltd. | Hengyang, Zhuzhou | Zhuzhou City, Hunan Province | Textile and Apparel Industry | 83.28 | Establishment | | Hunan Huasheng Pure Ramie Era Technology Co., Ltd. | Changsha | Changsha City, Hunan Province | Textile and Apparel Industry | 100.00 | Establishment | 2025年上半年重要非全资子公司主要财务信息 | Subsidiary Name | Minority Shareholding Ratio (%) | Profit/Loss Attributable to Minority Shareholders for Current Period (Yuan) | Minority Interests Balance at Period End (Yuan) | | :--- | :--- | :--- | :--- | | Hunan Huasheng Industry and Trade Co., Ltd. | 1.00% | 9,367.27 | 2,265,959.83 | | Hunan Huasheng Dongting Ramie Co., Ltd. | 10.16% | -828,083.94 | -21,344,245.70 | | Hunan Huasheng Zhuzhou Xuesong Co., Ltd. | 19.27% | -3,245,616.85 | 8,505,340.45 | [Interests in Joint Ventures or Associate Companies](index=97&type=section&id=3%E3%80%81%20%E5%9C%A8%E5%90%88%E8%90%A5%E4%BC%81%E4%B8%9A%E6%88%96%E8%81%94%E8%90%A5%E4%BC%81%E4%B8%9A%E4%B8%AD%E7%9A%84%E6%9D%83%E7%9B%8A) The company holds **24.02%** equity in Hunan Yingjie High-Tech Co., Ltd. and **34.00%** in Sichuan Huasheng Ramie New Material Co., Ltd., both accounted for using the equity method and reporting net losses 重要联营企业持股情况 | Associate Company Name | Main Operating Location | Business Nature | Shareholding Ratio(%) (Direct) | Accounting Method | | :--- | :--- | :--- | :--- | :--- | | Hunan Yingjie High-Tech Co., Ltd. | Hunan Province | Manufacturing | 24.02 | Equity method | | Sichuan Huasheng Ramie New Material Co., Ltd. | Sichuan Province | Textile Industry | 34.00 | Equity method | 2025年上半年重要联营企业主要财务信息 | Indicator | Hunan Yingjie High-Tech Co., Ltd. (Yuan) | Sichuan Huasheng Ramie New Material Co., Ltd. (Yuan) | | :--- | :--- | :--- | | Total Assets | 105,117,282.72 | 447,245,825.13 | | Total Liabilities | 17,703,069.60 | 445,609,646.66 | | Equity Attributable to Parent Company Shareholders | 87,414,213.12 | 1,636,178.47 | | Operating Revenue | 21,631,377.55 | 21,629,163.23 | | Net Profit | -1,311,560.83 | -9,291,079.11 | [Government Grants](index=99&type=section&id=%E5%8D%81%E4%B8%80%E3%80%81%E6%94%BF%E5%BA%9C%E8%A1%A5%E5%8A%A9) At period end, deferred income from government grants totaled **2.34 million yuan**, with **0.26 million yuan** recognized in other income for the current period, split between asset-related and income-related grants 2025年上半年涉及政府补助的负债项目 | Financial Statement Item | Beginning Balance (Yuan) | New Grants in Current Period (Yuan) | Transferred to Other Income in Current Period (Yuan) | Ending Balance (Yuan) | Asset/Income Related | | :--- | :--- | :--- | :--- | :--- | :--- | | Deferred Income | 2,389,172.26 | | 44,243.94 | 2,344,928.32 | Asset-related | 2025年上半年计入当期损益的政府补助 | Type | Amount for Current Period (Yuan) | Amount for Prior Period (Yuan) | | :--- | :--- | :--- | | Asset-related | 217,859.68 | 1,249,058.10 | | Income-related | 44,243.94 | 128,994.61 | | **Total** | **262,103.62** | **1,378,052.71** | [Risks Related to Financial Instruments](index=100&type=section&id=%E5%8D%81%E4%BA%8C%E3%80%81%E4%B8%8E%E9%87%91%E8%9E%8D%E5%B7%A5%E5%85%B7%E7%9B%B8%E5%85%B3%E7%9A%84%E9%A3%8E%E9%99%A9) The company manages market, credit, and liquidity risks associated with financial instruments through monitoring, credit limits, and maintaining sufficient funding, with **35 million yuan** in unused bank borrowing facilities - Market risks include exchange rate risk (primarily related to USD, EUR, and RUB), interest rate risk (total interest-bearing debt of **159,850,000.00 yuan**), and price risk[354](index=354&type=chunk)[355](index=355&type=chunk) - Credit risk primarily arises from cash and bank balances, notes receivable, accounts receivable, other receivables, etc., managed through credit limits, approval, and monitoring procedures[355](index=355&type=chunk)[356](index=356&type=chunk) - Liquidity risk is managed by ensuring fund liquidity, regularly analyzing liability structure and maturity, and monitoring bank borrowing utilization[358](index=358&type=chunk) - As of **June 30, 2025**, the company had unused bank borrowing facilities of **35,000,000.00 yuan**[359](index=359&type=chunk) 2025年6月30日金融负债按未折现剩余合同义务的到期期限分析 | Item | Within One Year (Yuan) | One to Two Years (Yuan) | Two to Five Years (Yuan) | Over Five Years (Yuan) | Total (Yuan) | | :--- | :--- | :--- | :--- | :--- | :--- | | Short-term Borrowings | 55,040,722.22 | | | | 55,040,722.22 | | Accounts Payable | 44,528,252.50 | | | | 44,528,252.50 | | Other Payables | 39,990,850.26 | | | | 39,990,850.26 | | Non-current Liabilities Due Within One Year | 39,924,613.00 | | | | 39,924,613.00 | | Long-term Borrowings | 102,777.78 | 25,000,000.00 | 40,000,000.00 | | 65,102,777.78 | | Lease Liabilities | | 141,164.40 | | | 141,164.40 | | Long-term Payables | | | 145,800.00 | 28,003,031.26 | 28,148,831.26 | - Foreign exchange risk sensitivity analysis shows that a **5% appreciation/depreciation** of RMB would impact net profit and shareholders' equity by approximately **±3.19 million yuan**[362](index=362&type=chunk) [Fair Value Disclosure](index=102&type=section&id=%E5%8D%81%E4%B8%89%E3%80%81%E5%85%AC%E5%85%81%E4%BB%B7%E5%80%BC%E7%9A%84%E6%8A%AB%E9%9C%B2) At period end, total assets continuously measured at fair value amounted to **23.69 million yuan**, primarily trading financial assets (Level 1) and other equity instrument investments (Level 3) 2025年6月30日以公允价值计量的资产和负债的期末公允价值 | Item | Level 1 Fair Value Measurement (Yuan) | Level 2 Fair Value Measurement (Yuan) | Level 3 Fair Value Measurement (Yuan) | Total (Yuan) | | :--- | :--- | :--- | :--- | :--- | | **I. Recurring Fair Value Measurements** | | | | |

New Stock Issuance - New stock issuance for Huaxin Jingke at a price of 18.60 on August 25, 2025[1] - Shenkou Co. (stock code: 002633) has a tender offer period from July 29 to August 27, 2025[1] - Fushun Special Steel (stock code: 600399) has a tender offer period from August 12 to September 10, 2025[1] Market Alerts - Dongxin Co. (stock code: 688110) reported severe abnormal fluctuations on August 16, 2025[1] - ST Suwu (stock code: 600200) and ST Zhongdi (stock code: 000609) both have announcements dated August 25, 2025[1] - Multiple companies including Zhehai Deman (stock code: 688577) and Huaguang Huaneng (stock code: 600475) have announcements related to abnormal fluctuations on August 23, 2025[1] Additional Information - The report includes links to detailed announcements for various companies, providing transparency and access to further information[1] - The document highlights the importance of monitoring stock performance and market trends for informed investment decisions[1]

证券代码：600156 股票简称：华升股份 编号：临 2025-042 湖南华升股份有限公司 股票交易异常波动公告 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： 湖南华升股份有限公司（以下简称"公司"）股票价格于 2025 年 8 月 20 日、8 月 21 日、8 月 22 日连续三个交易日内收盘价格涨 幅偏离值累计达到 20%。根据《上海证券交易所交易规则》的有关 规定，属于股票交易异常波动情形。 经公司自查，并向控股股东核实，截至本公告披露日，不存 在应披露而未披露的重大信息。 公司正在筹划重大资产重组事项，具体内容详见公司在上海证 券交易所网站（www.sse.com.cn）及指定媒体披露的《湖南华升股 份有限公司发行股份及支付现金购买资产并募集配套资金暨关联交 易预案》等相关公告。 截至本公告披露日，本次交易所涉及的审计、评估及尽职调查 等工作正在有序推进中，公司正持续与相关方保持沟通协商。待本 次交易涉及的审计、评估及尽职调查等工作完成后，公司将再次召 开董事会审议相关议案，并严格按照相关法律法规 ...

重要内容提示： ? 湖南华升股份有限公司（以下简称"公司"）股票价格于 2025 年 8 月 20 日、8 月 21 日、8 月 22 日连续三个交易日内收盘价格涨 幅偏离值累计达到 20%。根据《上海证券交易所交易规则》的有关 规定，属于股票交易异常波动情形。 ? 经公司自查，并向控股股东核实，截至本公告披露日，不存 在应披露而未披露的重大信息。 ? 敬请广大投资者注意投资风险，审慎投资，理性决策。 一、股票交易异常波动的具体情况 证券代码：600156 股票简称：华升股份 编号：临 2025-042 湖南华升股份有限公司 股票交易异常波动公告 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。 除前述事项外，不存在其他涉及公司应披露而未披露的重大信 息，包括但不限于重大资产重组、股份发行、重大交易类事项、业 务重组、股份回购、股权激励、破产重整、重大业务合作、引进战 略投资者等重大事项。 （三）媒体报道、市场传闻、热点概念情况 未发现对公司股票交易价格可能产生重大影响的媒体报道、市 场传闻、热点概念。 公司股票于 2025 年 ...

证券代码：600156 股票简称：华升股份 编号：临2025-043 湖南华升股份有限公司 关于重大资产重组的进展公告 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、本次交易基本情况 湖南华升股份有限公司（以下简称"公司"）正在筹划以发行股份及 支付现金的方式购买深圳易信科技股份有限公司 100%股权，同时募集配 套资金（以下简称"本次交易"）。 二、本次交易进展情况 2025 年 6 月 23 日，公司召开第九届董事会第十九次会议、第九届监 事会第九次会议，审议通过了《关于<湖南华升股份有限公司发行股份及 支付现金购买资产并募集配套资金暨关联交易预案>及其摘要的议案》等 与本次交易相关的议案，具体内容详见公司于 2025 年 6 月 24 日在上海 证券交易所网站（www.sse.com.cn）及指定媒体披露的《湖南华升股份有 限公司发行股份及支付现金购买资产并募集配套资金暨关联交易预案》及 相关公告。经向上海证券交易所申请，公司股票于 2025 年 6 月 24 日开市 起复牌。 2025 年 7 月 24 日，公司 ...

Group 1 - The stock of Huasheng Co., Ltd. (600156) increased by 5.20% today, with a turnover rate of 21.71% and a trading volume of 790 million yuan, showing a price fluctuation of 20.00% [2] - Institutional investors net sold 17.91 million yuan, while the total net selling by brokerage seats reached 39.99 million yuan [2] - The stock has appeared on the "Dragon and Tiger List" six times in the past six months, with an average price increase of 2.90% the day after being listed and an average increase of 3.15% in the following five days [3] Group 2 - The company reported a revenue of 214 million yuan in the first quarter, representing a year-on-year growth of 14.45%, but incurred a net loss of 12.50 million yuan [3] - The company expects a net loss between 16 million yuan and 12 million yuan for the first half of the year, with a year-on-year change range of 37.55% to 53.17% [3] - The main funds for the stock saw a net outflow of 43.48 million yuan today, with large orders contributing to a net outflow of 26.08 million yuan and 17.40 million yuan respectively [3]

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 000504 | *ST生物 | 9.79 | -3.83% | 8.58万 | 8473.23万 | | 001208 | 来妻线 | 12.46 | -2.04% | 16.59万 | 2.07亿 | | 681899 | 南新制药 | 14.52 | -1.69% | 17.89万 | 2.62 Z | | 000932 | 华菱钢铁 | 5.66 | -1.57% | 103.39万 | 5.82亿 | | 002251 | 步步高 | 4.80 | -1.23% | 134.65万 | 6.44 Z | | 002125 | 湘潭电化 | 13.70 | -0.87% | 26.48万 | 3.63亿 | | 600731 | 湖南海利 | 8.05 | -0.86% | 15.61万 | 1.26亿 | | 600479 | 千金药业 | 11.12 | -0.80% | 13.18万 | 1.46亿 | | 002522 | 浙江众成 ...

证券之星消息，8月21日纺织制造板块较上一交易日上涨0.85%，华升股份领涨。当日上证指数报收于 3771.1，上涨0.13%。深证成指报收于11919.76，下跌0.06%。纺织制造板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 61800E | 景杰做纤 | 26.13 | -3.76% | 5.91万 | 1.57亿 | | 300918 | 南山智尚 | 20.36 | -3.09% | 19.47万 | 4.00亿 | | 002042 | 华安时尚 | 5.06 | -3.07% | 70.60万 | 3.60亿 | | 603130 | 云中马 | 41.29 | -2.94% | 4.11万 | 1.72亿 | | 001390 | 古麒纽材 | 25.58 | -2.85% | 14.53万 | 3.73亿 | | 605189 | 里星游心 | 15.78 | -2.83% | 5.77万 | 9218.08万 | | 002394 | 联发股份 | 1 ...

Group 1 - The stock of Huasheng Co., Ltd. (600156) reached the daily limit, with a turnover rate of 7.18% and a transaction amount of 227 million yuan, showing a fluctuation of 9.91% [2] - The stock was listed on the Shanghai Stock Exchange's daily limit deviation list due to a deviation value of 9.01%, with a net buying amount of 46.9744 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction of 97.4219 million yuan, with a buying amount of 72.1981 million yuan and a selling amount of 25.2238 million yuan, resulting in a net buying of 46.9744 million yuan [2] Group 2 - The leading buying brokerage was Kaiyuan Securities Co., Ltd. with a buying amount of 25.3728 million yuan, while the largest selling brokerage was CITIC Securities Co., Ltd. with a selling amount of 8.6175 million yuan [3] - In the past six months, the stock has been listed on the daily limit list five times, with an average price increase of 1.13% the day after being listed and an average increase of 0.01% over the following five days [2] - The stock saw a net inflow of 53.1768 million yuan from main funds today, with a significant single net inflow of 59.7006 million yuan and a large single fund outflow of 6.5238 million yuan [2] Group 3 - The company reported a first-quarter revenue of 214 million yuan, representing a year-on-year growth of 14.45%, but a net loss of 12.5023 million yuan [2] - On July 12, the company released a half-year performance forecast, expecting a net loss between 16 million yuan and 12 million yuan, with a year-on-year change range of 37.55% to 53.17% [3]

证券之星消息，8月20日纺织制造板块较上一交易日上涨1.04%，华升股份领涨。当日上证指数报收于 3766.21，上涨1.04%。深证成指报收于11926.74，上涨0.89%。纺织制造板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 600156 | रून में दिस् | 8.21 | 10.05% | 28.89万 | | 2.27 乙 | | 001390 | 古麒纽材 | 26.33 | 7.08% | 21.98万 | | 5.76亿 | | 002394 | 联发股份 | 10.98 | 4.37% | 39.68万 | | 4.34亿 | | 603238 | 诺邦股份 | 20.78 | 3.38% | - 3.75万 | | 7687.50万 | | 301066 | 万事利 | 16.25 | 2.59% | 9.49万 | | 1.52亿 | | 605055 | 迎丰股份 | 7.68 | 2.13% | 11.29万 | | ...