Financial Performance - The company's operating revenue for the first half of 2025 reached RMB 684.02 million, an increase of 13.91% compared to RMB 600.47 million in the same period last year[26]. - Total profit for the reporting period was RMB 72.85 million, representing a 29.43% increase from RMB 56.28 million year-on-year[26]. - Net profit attributable to shareholders of the listed company was RMB 23.47 million, up 13.50% from RMB 20.68 million in the previous year[26]. - The net cash flow from operating activities was RMB 211.49 million, showing a significant increase of 98.63% compared to RMB 106.47 million in the same period last year[26]. - The weighted average return on net assets increased to 1.92%, up by 0.20 percentage points from 1.72% in the previous year[24]. - The net assets attributable to shareholders of the listed company at the end of the reporting period were RMB 1.23 billion, a 1.94% increase from RMB 1.21 billion at the end of the previous year[26]. - The company reported a basic earnings per share of RMB 0.03, unchanged from the same period last year[24]. - The company did not distribute profits or increase capital reserves during the reporting period[8]. Subsidiary Performance - The core subsidiary, Quan Yang Quan Beverage Company, reported sales volume growth rate, revenue growth rate, and net profit growth rate of 14.50%, 11.63%, and 10.02% respectively in the first half of 2025[38]. - The Suzhou Park Landscape Company managed to control losses to -34.9207 million yuan through operational optimization strategies[40]. - The Holz Door Company achieved a reduction in losses of 14.7717 million yuan, with a net profit of -4.3914 million yuan[40]. - The company's subsidiary, Jilin Sen Gong Group Quan Yang Spring Beverage Co., Ltd., reported a net profit of 10,305.46 million RMB, contributing significantly to the overall profitability[58]. Market and Sales Strategy - The company implemented promotional activities in key core areas of Northeast China to boost sales in core channels[39]. - The company is actively developing new markets and customers in Beijing and Central China, optimizing online channel construction[39]. - The brand "泉阳泉" has achieved a leading market share in Jilin Province, recognized as a top natural mineral water brand in Northeast China[46]. Financial Management and Investments - Operating costs increased to ¥430,667,683.80, up 10.92% from ¥388,257,534.98, primarily due to higher sales volume of mineral water products[49]. - The company has reduced its financing cash outflow by ¥22,461,333.36 compared to the previous year, indicating improved financial management[49]. - The company plans to participate in the establishment of the Changbai Mountain Specialty Beverage Industry Investment Fund with a total fund size of 300 million RMB, contributing 15 million RMB for a 5% share[53]. - The company is focusing on investment and mergers in the mineral water and health industries to enhance industry chain collaboration and integration[42]. Risks and Challenges - The company faces risks related to macroeconomic changes, which could impact its mineral water and landscaping businesses due to their dependence on consumer spending and public infrastructure investments[60]. - The company is monitoring raw material prices and logistics costs, which are subject to fluctuations that could affect its main business costs and gross margins[60]. - The company emphasizes the importance of risk management and cost-saving measures in response to potential economic challenges[60]. Governance and Compliance - The company has made commitments to avoid related party transactions and ensure fair pricing in unavoidable transactions, adhering to legal and regulatory requirements[70]. - The company has pledged to prevent any competition with its subsidiaries and ensure that no new competing businesses are established[71]. - The company ensures that its governance structure is independent and separate from the promisor's organization, preventing any operational overlap[76]. - The company has established fair pricing principles for related transactions, ensuring compliance with legal and regulatory requirements[80]. Shareholder Information - The total number of ordinary shareholders as of the report date is 42,884[115]. - The largest shareholder, China Jilin Forest Industry Group Co., Ltd., holds 30.24% of the shares, totaling 216,254,080 shares[116]. - The company has not reported any changes in the status of strategic investors or general legal persons becoming top ten shareholders[123]. Financial Statements and Accounting - The company employs significant accounting estimates, including revenue recognition, impairment of financial assets, and inventory valuation, which could materially affect future financial results[165][166]. - The company adheres to enterprise accounting standards, ensuring that financial statements accurately reflect its financial position, operating results, changes in shareholders' equity, and cash flows[172]. - The company recognizes deferred tax assets based on the likelihood of sufficient taxable profits to offset unused tax losses[168]. - The company classifies financial assets into three categories based on the business model and cash flow characteristics: amortized cost, fair value through other comprehensive income, and fair value through profit or loss[200].

Core Viewpoint - The company, Quan Yang Quan, announced the approval of a proposal to manage temporarily idle raised funds through cash management methods, aiming to enhance the efficiency of fund management and usage while ensuring the safety of the raised funds and the normal execution of investment plans [1] Group 1 - The company held the seventh meeting of the ninth board of directors and the seventh meeting of the ninth supervisory board on August 22, 2025 [1] - The total amount of temporarily idle raised funds for cash management is capped at 124 million RMB, which can be used in a rolling manner within this limit [1] - Cash management investment products will have a maximum term of 12 months [1]

Core Insights - The company, Quan Yang Quan, reported a revenue of 684,024,458.08 yuan for the first half of 2025, reflecting a year-on-year growth of 13.91% [2] - The net profit attributable to shareholders of the listed company was 23,468,689.72 yuan, which represents a year-on-year increase of 13.50% [2] Financial Performance - Revenue for the first half of 2025: 684,024,458.08 yuan, up 13.91% year-on-year [2] - Net profit for the same period: 23,468,689.72 yuan, up 13.50% year-on-year [2]

Group 1 - The core point of the article is that Quan Yang Quan announced the approval of multiple proposals, including the provision for asset impairment [2] Group 2 - The announcement was made during the seventh meeting of the ninth board of directors [2]

Group 1 - The core viewpoint of the article highlights that the mineral water business of Quan Yang Quan is steadily growing, leading to a year-on-year revenue increase of over 10% in the first half of the year, despite challenges in its landscaping and wooden door furniture segments [1][2] - In the first half of the year, the company achieved an operating income of 684 million yuan, a year-on-year increase of 13.9%, and a net profit attributable to shareholders of approximately 23.47 million yuan, up 13.5% [1] - The net profit after deducting non-recurring gains and losses was 9.96 million yuan, compared to a loss of 7.88 million yuan in the same period last year, with net cash flow from operating activities reaching 211 million yuan, a year-on-year increase of 98.63% [1] Group 2 - Quan Yang Quan has been focusing on expanding its market presence in the Northeast region and has made efforts to develop new markets and customers in Beijing and Central China, as well as exploring new channels such as community group buying and fresh e-commerce [2] - The landscaping and wooden door furniture segments continue to face operational difficulties, with the subsidiary Suzhou Garden Company reporting a loss of 34.92 million yuan and negative operating cash flow of 15.80 million yuan [2] - Another subsidiary, Holz Wooden Door Company, is experiencing ongoing market pressure, reporting a net profit of -4.39 million yuan, although it has reduced its losses by 14.77 million yuan year-on-year [2]

Core Insights - The company reported a revenue of 684 million yuan for the first half of 2025, representing a year-on-year growth of 13.91% [1] - The net profit attributable to shareholders reached 23.47 million yuan, marking a 13.50% increase compared to the same period last year [1] Revenue and Profit Growth - The mineral water segment continues to show steady performance with strong sales [1] - The core subsidiary, Quan Yang Quan Beverage Company, achieved sales growth rate, revenue growth rate, and net profit growth rate of 14.50%, 11.63%, and 10.02% respectively in the first half of 2025 [1] - The large packaging water products are often in a state of supply shortage [1] Strategic Initiatives - The company focused on deepening its core market, particularly in Northeast China, by conducting promotional activities to enhance sales across various channels [1] - Efforts were made to expand into peripheral markets, including the development of new markets and customers in Beijing and Central China, as well as optimizing online channel construction [1] - The company is exploring strategic customer resources, including introducing small packaging products and deepening cooperation with major clients such as China National Petroleum Corporation and South China Airlines [1]

北京商报讯（记者 孔文燮）8月22日，泉阳泉公布的2025年半年度报告显示，上半年实现营业收入约为 6.84亿元，同比增长13.9%；实现归母净利润约为2347万元，同比增长13.5%。公告提到，矿泉水板块继 续实现业绩稳步增长、销售畅旺，核心子公司泉阳泉饮品公司2025年上半年销量增长率、营收增长率、 净利润增长率分别为14.50%、11.63%、10.02%，其中主打大包装水产品经常处于供不应求状态。 ...

格隆汇8月22日丨泉阳泉(600189.SH)公布半年度报告，2025年1—6月，公司实现营业收入6.84亿元，较 上年同期增长13.91%；实现归属于上市公司股东的净利润2,346.87万元，较上年同期增长13.50%；实现 经营性现金流量净额2.11亿元，较上年同期增长98.63%。 ...

证券代码：600189 证券简称：泉阳泉 公告编号： 临 2025—040 吉林泉阳泉股份有限公司 本公司及董事会全体成员保证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、准确和完整承担法律责任。 吉林泉阳泉股份有限公司（以下简称"公司"）于 2025 年 8 月 11 日以通讯 方式向公司董事发出召开第九届董事会第七次会议通知，会议于 2025 年 8 月 22 日以现场和通讯方式召开。会议由董事长姜长龙先生主持，应参加会议的董事 7 人，实际参加会议的董事 7 人，公司监事和高级管理人员列席了本次会议。本次 董事会的召开符合有关法律、法规和《公司章程》的有关规定，会议合法有效。 为提高公司募集资金使用效率，在确保不影响公司募集资金安全和募集资金 投资计划正常进行的前提下，根据实际需要，对最高总额不超过 12,400 万元人 民币（在此额度范围内，资金可滚动使用）的暂时闲置募集资金以通知存款、保 本型结构性存款等方式进行现金管理，现金管理投资产品期限不得超过 12 个月。 表决结果：7 票同意，0 票反对，0 票弃权。 具体内容详见公司临 2025-042 号《关于使用暂时闲置募集 ...

Core Points - The supervisory board of Jilin Quanyangquan Co., Ltd. held its seventh meeting of the ninth supervisory board on August 22, 2025, to review the company's semi-annual report for 2025 [1][2] - The supervisory board confirmed that the semi-annual report was prepared in accordance with legal regulations and internal management systems, accurately reflecting the company's operational and financial status [1][2] - The board approved cash management strategies to enhance the efficiency of fund utilization, allowing investments in safe financial products with a maximum term of 12 months [2] - The board agreed to recognize asset impairment provisions to provide a more accurate representation of the company's asset status [2] Meeting Details - The meeting was attended by all five supervisors, ensuring a legal and effective assembly [1] - The voting results for all resolutions were unanimous, with 5 votes in favor and no opposition or abstentions [2] Financial Management - The company aims to improve fundraising efficiency and increase returns on funds while ensuring that cash management does not affect ongoing projects [2] - The board's decision on asset impairment provisions aligns with the enterprise accounting standards and relevant accounting policies [2]