浙江金鹰股份有限公司 董事会议事规则 （2025 年 10 月修订） 第一章 总 则 第一条 为规范浙江金鹰股份有限公司（以下简称"公司"）董事会的议事 程序，保证董事会落实股东会决议，提高董事会的工作效率和科学决策水平，根 据《中华人民共和国公司法》（以下简称"《公司法》"）、《上市公司治理准则》、 《上海证券交易所股票上市规则》及《浙江金鹰股份有限公司章程》（以下简称 "《公司章程》"）等有关规定，制定本议事规则。 第二条 公司设董事会，董事会对股东会负责，执行股东会的决议。 第三条 公司董事会设立战略、审计、提名、薪酬与考核等专门委员会，专 门委员会对董事会负责。 第四条 董事会下设董事会办公室，负责处理董事会日常事务。 第二章 董事会的组成和职权 第五条 董事会由 9 名董事组成，设董事长 1 名、副董事长 1 名。 第六条 董事会行使下列职权： （五）制订公司增加或者减少注册资本、发行债券或其他证券及上市方案； （六）拟订公司重大收购、收购本公司股票或者合并、分立、解散及变更公 司形式的方案； （七）在股东会授权范围内，决定公司对外投资、收购出售资产、资产抵押、 对外担保事项、委托理财、关联交易、对 ...

浙江金鹰股份有限公司 董事会审计委员会实施细则 （2025 年 10 月修订） 第一章 总则 第一条 为强化董事会决策功能，做到事前审计、专业审计，确保董事会对 经理层的有效监督，完善公司治理结构，根据《中华人民共和国公司法》、《上市 公司治理准则》、《浙江金鹰股份有限公司章程》及其他有关规定，公司特设立董 事会审计委员会，并制定本实施细则。 第二条 董事会审计委员会是董事会按照股东大会决议设立的专门工作机 构，主要负责公司内、外部审计的沟通和对公司的监督、核查工作，向董事会报 告工作并对董事会负责，行使《公司法》规定的监事会职权。 第二章 人员组成 第三条 审计委员会成员由 3 名董事组成，成员应当为不在公司担任高级管 理人员的董事，独立董事占过半数，委员中至少有一名独立董事为专业会计人士。 第四条 审计委员会由董事长、二分之一以上独立董事或者全体董事的三分 之一提名，并由董事会选举产生。 第五条 审计委员会设召集人一名，应当为会计专业人士，由独立董事委员 担任，负责主持委员会工作；召集人在委员内选举，并报请董事会批准产生。 第六条 审计委员会任期与董事会一致，委员任期届满，连选可以连任。期 间如有委员不再 ...

浙江金鹰股份有限公司 | | | 第一章 总 则 第一条 为维护公司、股东、职工和债权人的合法权益，规范公司的 组织和行为，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》)和其他有关规定，制订本章 程。 第二条 公司系依照《公司法》和其他有关规定成立的股份有限公司 (以下简称"公司")。 公司经浙江省股份制试点工作协调小组办公室[1994]29 号文《关于同 意设立浙江金鹰股份有限公司的批复》批准，以发起方式设立；在浙江省 舟 山 市 市 场 监 督 管 理 局 注 册 登 记 ， 取 得 营 业 执 照 ， 营 业 执 照 号 为 3300001001615(1/1)。 章 程 (2025 年 10 月修订) 浙江金鹰股份有限公司 二○二五年十月 公司根据《公司法》的规定进行了规范，并于 1998 年 6 月 19 日在浙 江省市场监督管理局依法履行了重新登记手续。 第三条 公司于 2000 年 4 月 14 日经中国证券监督管理委员会以证监 发行字(2000)34 号文批准，首次向社会公众发行人民币普通股 4500 万股， 于 2000 年 6 月 2 ...

浙江金鹰股份有限公司 股东会议事规则 （二）出席会议人员的资格、召集人资格是否合法有效； （2025 年 10 月修订） 第一章 总 则 第一条 为规范浙江金鹰股份有限公司行为，保证股东会依法行使职权，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》）、《浙江金鹰股份有限公司章程》（以下简称"公司章程"）和《上市公司股东会规 则》（以下简称"股东会规则"）的规定，制定本规则。 第二条 公司股东会的召集、提案、通知、召开等事项适用本规则。 第三条 公司应当严格按照法律、行政法规、本规则及《公司章程》的相关规定召开股 东会，保证股东能够依法行使权利。 公司董事会应当切实履行职责，认真、按时组织股东会，全体董事应当勤勉尽责，确 保股东会正常召开和依法行使职权。 第四条 股东会应当在《公司法》和《公司章程》规定的范围内行使职权。 第五条 股东会分为年度股东会和临时股东会。年度股东会每年召开一次，应当于上一 会计年度结束后的六个月内举行。临时股东会不定期召开，出现《公司法》第一百一十三 条规定的应当召开临时股东会的情形时，临时股东会应当在二个月内召开。公司在上述 期限 ...

第一条 为进一步加强浙江金鹰股份有限公司（简称"本公司"或"公司"） 关联交易管理，明确管理职责和分工，维护公司股东和债权人的合法利益，特别 是中小投资者的合法权益，保证公司与关联人之间订立的关联交易合同符合公平、 公开、公正的原则，根据《中华人民共和国公司法》、《企业会计准则》、《中 华人民共和国证券法》、《上海证券交易所股票上市规则》（以下简称"《上交 所上市规则》"）及《浙江金鹰股份有限公司章程》（简称"公司章程"）中的 相关规定，特制订本制度。 第二章 关联交易和关联人 浙江金鹰股份有限公司 关联交易管理制度 第一章 总则 第二条 公司关联交易，是指公司、其控股子公司及控制的其他主体与公司 关联人之间发生的转移资源或者义务的事项，包括但不限于下列交易： （一）购买或者出售资产； （二）对外投资（含委托理财、委托贷款等）； （三）提供财务资助（含有息或者无息借款、委托贷款等）； （四）提供担保（含对控股子公司担保等）； （五）租入或者租出资产； （六）委托或者受托管理资产和业务； （七）赠与或者受赠资产； （八）债权、债务重组； （九）签订许可使用协议； （十）转让或者受让研究与开发项目； （十一）放弃 ...

Core Viewpoint - The stock of Zhejiang Jinying Co., Ltd. has shown fluctuations in trading activity, with a year-to-date increase of 26.90% and recent trading trends indicating mixed performance over different time frames [1][2]. Financial Performance - For the first half of 2025, the company reported a revenue of 586 million yuan, representing a year-on-year decrease of 12.11%. The net profit attributable to the parent company was -8.77 million yuan, a significant decline of 123.81% compared to the previous year [2]. - The company has cumulatively distributed 860 million yuan in dividends since its A-share listing, with 201 million yuan distributed over the last three years [3]. Stock Market Activity - As of October 21, the stock price was 6.51 yuan per share, with a market capitalization of 2.374 billion yuan. The stock experienced a 2.04% increase during the trading session [1]. - The stock has been on the "龙虎榜" (a list of stocks with significant trading activity) seven times this year, with the most recent appearance on August 22, where it recorded a net buy of -43.47 million yuan [1]. Business Overview - Zhejiang Jinying Co., Ltd. specializes in manufacturing and selling complete sets of textile machinery, with its main business revenue composition being 58.15% from textiles, 25.91% from injection molding machines, and 10.79% from textile machinery and accessories [2]. - The company is categorized under the mechanical equipment industry, specifically in specialized equipment for textile and apparel [2].

Core Viewpoint - The financial performance of Jinying Co., Ltd. (600232) for the first half of 2025 shows significant declines in revenue and profit, indicating potential challenges in the company's operations and market conditions [1]. Financial Performance Summary - Total revenue for the first half of 2025 was 586 million yuan, a decrease of 12.11% compared to 666 million yuan in the same period of 2024 [1]. - The net profit attributable to shareholders was -8.77 million yuan, representing a decline of 123.81% from a profit of 36.83 million yuan in the previous year [1]. - The gross profit margin fell to 7.86%, down 63.95% from 21.81% in the prior year [1]. - The net profit margin turned negative at -2.23%, a decrease of 133.33% from 6.70% in the previous year [1]. - Total expenses (selling, administrative, and financial) amounted to 51.10 million yuan, accounting for 8.73% of revenue, which is an increase of 1.93% year-on-year [1]. Cash Flow and Assets Summary - Cash and cash equivalents increased by 68.33% to 330 million yuan from 196 million yuan [1]. - Operating cash flow per share improved to 0.28 yuan, a significant increase of 154.81% from -0.51 yuan [1]. - Accounts receivable stood at 358 million yuan, a slight decrease of 5.27% from 378 million yuan [1]. - The ratio of accounts receivable to net profit reached 1602.89%, indicating a high level of receivables relative to profit [1][20]. Changes in Financial Items - Accounts receivable decreased by 81.28% due to a reduction in commercial acceptance bills [3]. - Prepayments increased significantly by 1341.28% due to payments for raw materials [3]. - Other current assets decreased by 40.78% due to a reduction in deductible VAT [3]. - Long-term borrowings increased by 31.95% due to additional loans taken by a subsidiary [8]. - The company reported a 104.4% decrease in retained earnings due to reduced profits and dividends paid [10]. Business Model and Operational Insights - The company's return on invested capital (ROIC) was 3.18%, indicating historically weak capital returns [17]. - The business model relies heavily on research and marketing efforts, necessitating further investigation into the underlying drivers of these activities [19].

Core Viewpoint - Jin Ying Co., Ltd. (600232.SH) reported its 2025 semi-annual results, highlighting a significant institutional ownership increase, with institutions holding 50.93% of the total shares as of August 26, 2025 [1] Institutional Ownership - As of August 26, 2025, four institutional investors disclosed holdings in Jin Ying Co., totaling 186 million shares, which represents 50.93% of the company's total equity [1] - The institutional ownership increased by 0.31 percentage points compared to the previous quarter [1] Public Fund and Foreign Investment - One new public fund, Bohai Huijin New Momentum Mixed A, was disclosed in this period, compared to the previous quarter [1] - Two new foreign institutions, BARCLAYS BANK PLC and Goldman Sachs LLC, were disclosed this period, while Morgan Stanley & Co. International PLC was not reported in this quarter [1]

Financial Performance - The company's main revenue for the first half of 2025 was 586 million yuan, a year-on-year decrease of 12.11% [1] - The net profit attributable to shareholders was -8.77 million yuan, down 123.81% year-on-year [1] - The net profit excluding non-recurring items was -9.29 million yuan, a decline of 128.23% year-on-year [1] - In Q2 2025, the company's single-quarter main revenue was 334 million yuan, a decrease of 22.58% year-on-year [1] - The single-quarter net profit attributable to shareholders was -4.60 million yuan, down 116.31% year-on-year [1] - The single-quarter net profit excluding non-recurring items was -5.33 million yuan, a decline of 122.33% year-on-year [1] Financial Ratios - The company's debt ratio stood at 45.25% [1] - Investment income was -0.22 million yuan [1] - Financial expenses amounted to 9.47 million yuan [1] - The gross profit margin was 7.86%, a year-on-year decrease of 63.94% [7] Earnings Per Share - Earnings per share were -0.02 yuan, a year-on-year decline of 123.76% [7] - The operating cash flow per share was 0.28 yuan, an increase of 154.80% year-on-year [7] Shareholder Information - Zhejiang Jinying Group Co., Ltd. holds 50.25% of the shares, making it the largest shareholder [11] - Other notable shareholders include Liao Guopei with 793,000 shares (2.18%) and Gu Xinghua with 367,000 shares (1.01%) [11]

Group 1 - The core viewpoint of the article is that Jinying Co., Ltd. (600232.SH) reported a significant decline in both revenue and net profit for the first half of 2025, indicating financial challenges [1] Group 2 - The company achieved an operating income of 586 million yuan, representing a year-on-year decrease of 12.11% [1] - The net profit attributable to shareholders of the listed company was -8.7692 million yuan, a year-on-year decline of 123.81% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -9.2931 million yuan, down 128.23% year-on-year [1] - The basic earnings per share were -0.024 yuan [1]