证券代码：600180 证券简称：瑞茂通 公告编号：2025-047 债券代码：255290.SH 债券简称：24 瑞茂 01 债券代码：255553.SH 债券简称：24 瑞茂 02 瑞茂通供应链管理股份有限公司 关于第九届董事会第五次会议决议的公告 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。 一、董事会会议召开情况 瑞茂通供应链管理股份有限公司（以下简称"公司"或"瑞茂通"）第九届 董事会第五次会议于 2025 年 8 月 29 日以现场加通讯方式召开。本次会议应出席 董事 6 人，实际出席会议董事 6 人。会议由公司董事长李群立先生主持，公司监 事、高级管理人员列席了会议。会议的召集和召开程序符合《中华人民共和国公 司法》和《公司章程》的规定，所形成的决议合法有效。 二、董事会会议审议情况 经与会董事审议和投票表决，会议决议如下： （一）审议通过《关于公司 2025 年半年度报告及摘要的议案》 公司 2025 年半年度报告及摘要准确、真实、完整反映了公司的财务状况和 经营成果。 表决结果：6 票同意，0 票反对，0 ...

Core Viewpoint - The report highlights a significant decline in the company's financial performance for the first half of 2025, with a notable drop in revenue and net profit compared to the same period in the previous year. The company aims to adapt to market changes and enhance its operational efficiency across various business segments [1][2]. Company Overview and Financial Indicators - Company Name: 瑞茂通供应链管理股份有限公司 (CCS Supply Chain Management Co., Ltd.) [2] - Total Revenue for H1 2025: 9.46 billion RMB, a decrease of 34.16% from 14.37 billion RMB in H1 2024 [2][3]. - Total Profit: 78.04 million RMB, down 62.56% from 208.41 million RMB in the previous year [2][3]. - Net Profit attributable to shareholders: 56.94 million RMB, a decline of 64.70% from 161.29 million RMB [2][3]. - Basic Earnings per Share: 0.0528 RMB, down 64.71% from 0.1496 RMB [2][3]. - Total Assets: 29.23 billion RMB, a decrease of 6.40% from 31.22 billion RMB at the end of the previous year [2][3]. Industry and Main Business Analysis - The company operates in the bulk commodity supply chain industry, which is characterized by high value, long transportation distances, high circulation costs, and significant price volatility. The industry has a high entry barrier and offers substantial growth potential due to its large market capacity [3][4]. - The coal supply chain business is the core segment, leveraging established channel advantages and operational risk control to cover major domestic production and consumption areas while expanding internationally [4][5]. - The oil and petrochemical supply chain business employs a model combining spot trading and financial derivatives to hedge against price fluctuations, providing stable trading services to clients [4][5]. - The agricultural products segment focuses on soybean processing, utilizing a multi-modal transport strategy to enhance operational efficiency and profitability [4][5]. Operational Performance and Strategic Initiatives - The company achieved coal shipments of 15.06 million tons, generating revenue of 7.37 billion RMB from coal operations [6][7]. - The oil and petrochemical segment reported revenue of 1.00 billion RMB, while the agricultural products segment generated 1.03 billion RMB [6][7]. - The company is enhancing its platform services and data value extraction, with over 29,256 registered users on its 易煤资讯 APP, indicating a growing engagement with its digital offerings [7][8]. - The company continues to optimize its operational management and cost control measures, resulting in reduced management expenses despite increased financial costs due to higher interest expenses on bonds and short-term loans [6][7]. Competitive Advantages - The company has developed a global supply chain network for bulk commodities, covering key production and consumption areas domestically and internationally [8][9]. - A collaborative and efficient shipping logistics network has been established to reduce transportation costs and enhance service offerings [8][9]. - The company is building a comprehensive industrial internet ecosystem, integrating traditional offline processes with standardized online transactions to improve service efficiency [8][9].

Core Viewpoint - 瑞茂通供应链管理股份有限公司 reported a significant decline in financial performance for the first half of 2025, with a notable drop in revenue and net profit compared to the previous year [1][2]. Financial Performance Summary - Total assets as of June 30, 2025, amounted to CNY 29.23 billion, a decrease of 6.40% from the previous year-end [1]. - Operating revenue for the reporting period was CNY 9.46 billion, reflecting a decrease of 34.16% compared to CNY 14.37 billion in the same period last year [1]. - Total profit for the period was CNY 78.04 million, down 62.56% from CNY 208.41 million year-on-year [1]. - Net profit attributable to shareholders was CNY 48.86 million, a decline of 74.50% from CNY 191.64 million in the previous year [1]. - The net cash flow from operating activities was negative at CNY -203.47 million, slightly improved from CNY -209.09 million in the previous year [1]. Dividend Distribution - The company plans to distribute a cash dividend of CNY 0.10 per share (before tax) to all shareholders, totaling CNY 10.78 million for the half-year period [1]. Shareholder Information - As of the reporting period, the total number of shareholders was 34,329 [2]. - The largest shareholder, Zhengzhou Ruimaotong Supply Chain Co., Ltd., holds 51.02% of the shares, with a total of 554.44 million shares [2]. - Other significant shareholders include Shanghai Yuhui Investment Management Center (8.22%) and Wan Yongxing (2.88%) [2]. Debt and Financial Ratios - The company's debt-to-asset ratio was reported at 72.79%, a slight improvement from 74.58% at the end of the previous year [4]. - The EBITDA interest coverage ratio was 1.80, down from 2.92 in the previous year [4].

Core Viewpoint - The company plans to implement a mid-year cash dividend distribution for 2025, emphasizing its commitment to enhancing shareholder returns and high-quality development [2][4]. Profit Distribution Plan - The company reported a net profit attributable to shareholders of 56,941,677.42 yuan for the first half of 2025 [2]. - The proposed cash dividend is 0.10 yuan per 10 shares (including tax), with a total distribution amounting to 10,780,480.64 yuan (including tax) [2][3]. - The distribution will be based on the number of shares registered on the dividend record date, excluding shares held in the company's repurchase account [3]. Decision-Making Process - The board of directors approved the mid-year dividend plan during a meeting on August 29, 2025, based on the authorization from the annual general meeting held in 2024 [3][4]. - The decision does not require further approval from the shareholders' meeting as it falls within the authorized scope [3]. Compliance and Considerations - The dividend distribution plan complies with relevant laws, regulations, and the company's articles of association, ensuring no harm to minority shareholders [4]. - The plan considers the company's development stage and future funding needs, supporting sustainable and stable growth [4].

Core Viewpoint - The document outlines the information disclosure management measures for Ruimaotong Supply Chain Management Co., Ltd, emphasizing the importance of timely, accurate, and complete information disclosure to protect the rights of shareholders and the public [1][2]. Group 1: General Principles - The information disclosure obligations include the company, all directors, senior management, shareholders, actual controllers, and other relevant parties [2][3]. - Information must be disclosed in a timely manner, ensuring it is true, accurate, complete, and easily understandable, without any misleading statements or omissions [3][4]. - Information disclosure should be simultaneous for all investors, and any insider information must not be leaked before its legal disclosure [3][4]. Group 2: Disclosure Content - Regular reports required include annual, semi-annual, and quarterly reports, which must disclose any information that significantly impacts investor decision-making [10][11]. - If the company anticipates a loss or significant change in performance, it must issue a performance forecast promptly [12][15]. - Major events that could significantly affect the trading price of the company's securities must be disclosed immediately, including large compensation liabilities, asset impairment, and significant changes in business operations [15][16]. Group 3: Specific Transactions - Transactions involving asset purchases or sales, external investments, and financial assistance must be disclosed if they meet certain thresholds, such as involving over 10% of the company's total assets [21][22]. - Related party transactions exceeding specified amounts must also be disclosed to ensure transparency [28][29]. Group 4: Management of Disclosure - The board of directors is responsible for overseeing the information disclosure process, with the chairman being the primary responsible person [70][71]. - Senior management must ensure timely preparation and submission of disclosure documents, and any significant events must be reported immediately [73][74].

瑞茂通供应链管理股份有限公司 信息披露暂缓与豁免业务管理制度 （2025 年 8 月修订） 第一条 为规范瑞茂通供应链管理股份有限公司（以下简称"公司"）和其 他信息披露义务人信息披露暂缓与豁免行为，加强信息披露监管，保护投资者的 合法权益，根据《中华人民共和国证券法》、《上市公司信息披露暂缓与豁免管 理规定》、《上海证券交易所股票上市规则》及《瑞茂通供应链管理股份有限公 司章程》(以下简称"《公司章程》")等规定，特制定本制度。 第二条 公司和其他信息披露义务人暂缓、豁免披露临时报告，在定期报告、 临时报告中豁免披露中国证券监督管理委员会（以下简称中国证监会）和上海证 券交易所规定或者要求披露的内容，适用本制度。 第三条 公司和其他信息披露义务人应当真实、准确、完整、及时、公平地 披露信息，不得滥用暂缓或者豁免披露规避信息披露义务、误导投资者，不得实 施内幕交易、操纵市场等违法行为。 第四条 公司和其他信息披露义务人应当审慎确定信息披露暂缓、豁免事项， 履行内部审核程序后实施。 第六条 公司和其他信息披露义务人有保守国家秘密的义务，不得通过信息 披露、投资者互动问答、新闻发布、接受采访等任何形式泄露国家秘密 ...

瑞茂通供应链管理股份有限公司 重大信息内部报告制度 （2025 年 8 月修订） 第一章 总则 第一条 为加强瑞茂通供应链管理股份有限公司（以下简称"公司"）重大信 息内部报告工作，保证公司内部重大信息的快速传递、归集和有效管理，及时、 准确、完整地披露信息，维护投资者的合法权益，根据《中华人民共和国证券法》、 《上市公司信息披露管理办法》、 《上海证券交易所股票上市规则》等法律、法规、 规范性文件以及《瑞茂通供应链管理股份有限公司章程》 （以下简称"《公司章程》"） 的有关规定，结合公司的具体情况，特制订本制度。 第二条 本制度所称"重大信息"是指所有对公司股票及其衍生品种的交易 价格产生较大影响的信息，包括但不限于重大事项信息、交易信息、关联交易信 息、重大经营管理信息及其他重大事项信息等。 公司重大信息内部报告制度是指按照本制度规定负有报告义务的有关人员 及公司，应及时将知悉的重大信息向公司董事会和董事会秘书报告的制度。 第三条 公司各部门负责人、下属公司的负责人、公司委派（或推荐）的参 股公司董事、监事及高级管理人员等均为重大信息报告的义务人，对其职权范围 内知悉的重大信息负有报告义务。 公司控股股东 ...

瑞茂通供应链管理股份有限公司 （以下简称"《公 司章程》"）的有关规定，特制定本制度。 第二条 公司董事会保证内幕信息知情人档案真实、准确和完整，董事长为 主要责任人。董事会秘书负责办理公司内幕信息知情人的登记入档和报送事宜。 董事长与董事会秘书应当对内幕信息知情人档案的真实、准确和完整签署书面确 认意见。 第二章 内幕信息及其范围 第三条 本制度所指内幕信息，是指根据《证券法》第五十二条、第八十条、 第八十一条的规定，涉及公司的经营、财务或者对公司证券及其衍生品种的市场 价格有重大影响的尚未公开的信息。尚未公开是指公司尚未在《中国证券报》、 《上海证券报》等选定的信息披露刊物或上海证券交易所网站（www.sse.com.cn） 上披露的事项。 第四条 本制度所指证券及其衍生品种的内幕信息包括但不限于： 内幕信息知情人管理制度 （2025年8月修订） 第一章 总则 第一条 为进一步规范瑞茂通供应链管理股份有限公司（以下简称"公司"） 内幕信息管理行为，加强内幕信息保密工作，维护公司信息披露的公开、公平、 公正原则，根据《中华人民共和国公司法》、《中华人民共和国证券法》（以下简 称"《证券法》"）、《上市公司信 ...

总经理工作细则 （2025年8月修订） 第一条 为进一步完善瑞茂通供应链管理股份有限公司（以下简称"公司"） 的治理结构，根据《中华人民共和国公司法》和《瑞茂通供应链管理股份有限公 司章程》(以下简称"《公司章程》")的有关规定，制定本工作细则。 第二条 总经理办公会议是总经理主持公司生产经营管理工作的议事机构。 第三条 总经理办公会议召开的条件、程序和参加人员： （一）总经理办公会议由总经理提议随时召开。 （二）总经理办公会议召开前，由相关部门广泛征求意见，收集整理出会议 议题报总经理审阅后交总经理办公会议讨论。 （三）会议提倡就会议讨论的议题发表不同意见，但会议所作出的结论对所 有人员均具有约束力；会议就某一事项因意见相左而难以形成结论时，可以延期 再议，但总经理认为必要时可以作出决定并形成结论。 （四）总经理办公会议的参加人员为：总经理、副总经理、财务负责人、董 事会秘书、相关业务部门负责人等。必要时总经理也可召集其他有关人员参加会 议。 瑞茂通供应链管理股份有限公司 第四条 总经理对董事会负责，行使下列职权： （一）主持公司的生产经营管理工作，组织实施董事会决议，并向董事会报 告工作； （二）组织实施 ...

（三）委托控股股东、实际控制人及其他关联方进行投资活动； 瑞茂通供应链管理股份有限公司 防范控股股东及其他关联方资金占用专项制度 （2025 年 8 月修订） 第一条 为进一步维护瑞茂通供应链管理股份有限公司（以下简称"公司"） 全体股东和债权人的合法权益，建立起公司防范控股股东、实际控制人及其他关 联方占用公司资金的长效机制，杜绝控股股东、实际控制人及其他关联方资金占 用行为的发生，根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中 华人民共和国证券法》（以下简称"《证券法》"）、《上市公司监管指引第 8 号— —上市公司资金往来、对外担保的监管要求》等有关法律、法规及规范性文件的 要求以及《瑞茂通供应链管理股份有限公司章程》（以下简称"《公司章程》"） 的有关规定，特制订本专项制度。 第二条 控股股东、实际控制人及其他关联方与公司发生的经营性资金往来 中，不得占用公司资金。 第三条 公司不得以下列任何方式将资金直接或间接地提供给控股股东、实 际控制人及其他关联方使用： （一）为控股股东、实际控制人及其他关联方垫支工资、福利、保险、广告 等费用、承担成本和其他支出； （二）有偿或者无偿地拆借公司的 ...