同意9票；反对0票；弃权0票 证券代码：600243 证券简称：*ST 海华 公告编号：临 2025-049 青海华鼎实业股份有限公司 第八届董事会第二十八次会议决议公告 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。 青海华鼎实业股份有限公司（下称： "青海华鼎"或"公司"） 第八届董事会于2025年12月12日向公司全体董事发出召开公司第八 届董事会第二十八次会议的通知，会议于2025年12月15日上午10时以 通讯方式召开，会议由董事长王封主持，应到董事9人，实到9人。公 司全体高级管理人员列席了本次会议，会议的召开符合《公司法》《证 券法》及《公司章程》的有关规定。经与会董事认真审议，一致通过 以下决议： 一、审议通过了《青海华鼎实业股份有限公司关于拟变更会计师 事务所的议案》 详细内容见公司在上海证券交易所网站（www.sse.com.cn）、《上 海证券报》《证券时报》披露的《青海华鼎关于拟变更会计师事务所 的公告》（公告编号：临 2025-050）。 二、审议通过了《关于召开公司2025年第二次临时股东会的议案》 ...

2016-2025年1-10月青海省工业企业数统计图 数据来源：国家统计局，智研咨询整理 上市公司：西部矿业（601168），藏格矿业（000408），青海春天（600381），青海华鼎（600243） 相关报告：智研咨询发布的《2025-2031年中国工业云行业市场深度评估及投资机会预测报告》 2025年1-10月，青海省工业企业数（以下数据涉及的工业企业，均为规模以上工业企业，从2011年起， 规模以上工业企业起点标准由原来的年主营业务收入500万元提高到年主营业务收入2000万元）为674 个，和上年同期相比，增加了6个，同比增长0.9%，占全国的比重为0.13%。 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 ...

Group 1: BYD Performance - BYD announced a production of 474,200 new energy vehicles (NEVs) and sales of 480,200 NEVs in November 2025 [1] - Cumulative production for the year reached 4,117,600 units, representing a year-on-year increase of 7.29% [1] - Cumulative sales for the year totaled 4,182,000 units, with a year-on-year growth of 11.30% [1] - In November, BYD exported 131,900 NEVs and installed approximately 27.669 GWh of power batteries and energy storage batteries [1] Group 2: Investment Initiatives - Lushin Venture Capital plans to establish a 400 million yuan investment fund focusing on life sciences, advanced manufacturing, and AI [2] - Chint Electric's wholly-owned subsidiary intends to invest up to 201 million yuan in a green private equity investment fund with a total scale of 700 million yuan [8] Group 3: Corporate Actions - Qianwei Central Kitchen will conduct a shareholder reward activity, offering a product package worth 200 yuan to individual shareholders holding 100 shares or more [3] - Huaxia Happiness plans to use trust beneficiary rights to offset financial debts totaling up to 24 billion yuan as part of its debt restructuring plan [4] - Tailong Pharmaceutical's controlling shareholder is planning a share transfer, leading to a temporary suspension of the company's stock [5] - ST Xianhe has applied to revoke other risk warnings, pending approval from the Shenzhen Stock Exchange [6] - *ST Yuancheng's stock will be delisted due to a market value below 500 million yuan for 20 consecutive trading days [7] Group 4: Sales and Contracts - SAIC Group reported sales of 4,108,000 vehicles from January to November 2025, a year-on-year increase of 16.4% [10] - Geely Automobile's total sales in November reached 310,428 units, marking a 24% increase year-on-year [11] - Far East Holdings' subsidiaries secured contracts worth 2.383 billion yuan in November, positively impacting future earnings [18] - Samsung Medical's subsidiary signed a contract for an annual bidding project in Indonesia worth approximately 160 million yuan [19] - Zhongchao Holdings' subsidiaries recently won contracts totaling 1.318 billion yuan [20] - Changhua Group received a project development notice from a domestic automaker, with an expected total sales amount of approximately 732 million yuan [21]

证券代码：600243 证券简称：*ST 海华 公告编号：临 2025-048 青海华鼎实业股份有限公司关于召开 2025 年半年度暨第三季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 11 月 25 日 （星期二） 至 12 月 01 日 （星 期一）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目 或通过邮箱 lixj521@126.com 进行提问。公司将在说明会上对投资者 普遍关注的问题进行回答。 青海华鼎实业股份有限公司（以下简称"公司"）已于 2025 年 8 月 20 日和 2025 年 10 月 31 日分别发布了《公司 2025 年半年度报告》 和《2025 年第三季度报告》，为便于广大投资者更全面深入地了解公 司 2025 年半年度和第三季度经营成果、财务状况，公司计划于 2025 年 12 月 02 日 （星期二） 11:00-12: ...

Core Insights - *ST Haihua reported a total operating revenue of 196 million yuan for the third quarter of 2025, ranking 217th among disclosed peers [1] - The company recorded a net profit attributable to shareholders of -6.39 million yuan, ranking 208th among peers [1] - Operating cash flow showed a net outflow of -22.96 million yuan, ranking 185th among disclosed companies [1] Financial Performance - As of September 30, 2025, the asset-liability ratio stood at 33.44%, an increase of 2.92 percentage points from the previous quarter and 8.64 percentage points year-on-year [3] - The gross profit margin was reported at 11.60%, ranking 226th among peers, with a decrease of 2.50 percentage points from the previous quarter [3] - Return on equity (ROE) was -1.01%, ranking 208th among disclosed companies [3] Earnings and Ratios - The diluted earnings per share were -0.01 yuan, ranking 209th among peers [4] - The total asset turnover ratio was 0.19 times, ranking 205th among disclosed companies [4] - Inventory turnover ratio was 0.56 times, ranking 235th, reflecting a year-on-year decrease of 16.26% [4] Shareholder Structure - The number of shareholders was reported at 17,300, with the top ten shareholders holding 137 million shares, accounting for 31.15% of the total share capital [4] - The largest shareholder, Li Songqiang, holds 8.66% of the shares [4]

Core Points - The company guarantees the authenticity, accuracy, and completeness of the quarterly report, and assumes legal responsibility for any false records or misleading statements [2][3]. Financial Data - The third-quarter financial statements are unaudited [3]. - The report period refers to the three-month period from the beginning to the end of the quarter [3]. - The company has not identified any non-recurring gains or losses for the reporting period [4]. Shareholder Information - The total number of common shareholders and the number of preferred shareholders with restored voting rights are not applicable [5]. - There are no changes in the top ten shareholders or the top ten unrestricted circulating shareholders due to securities lending activities [6]. Other Important Information - There are no additional important reminders regarding the company's operational situation during the reporting period [6]. - The financial statements, including the consolidated balance sheet and profit and cash flow statements, are prepared by the company and are unaudited [7][8].

Financial Performance - The company's operating revenue for Q3 2025 was ¥83,671,724.18, representing a year-on-year increase of 21.94%[3] - The total profit for the period was a loss of ¥4,915,801.13, with a net profit attributable to shareholders of ¥-4,217,064.75[3] - The company's net profit for the current period is -8,769,334.47 CNY, compared to -18,349,533.84 CNY in the same period last year, showing an improvement of approximately 52%[20] - Operating profit for the current period is -8,180,848.60 CNY, which is an improvement from -18,506,147.65 CNY year-over-year[20] - The total comprehensive income for the current period is -8,769,334.47 CNY, compared to -18,349,533.84 CNY in the previous year, reflecting a significant improvement[20] - The company has reported a basic and diluted earnings per share of -0.01 CNY for the current period, compared to -0.04 CNY in the same period last year[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,042,396,186.53, an increase of 5.67% compared to the end of the previous year[4] - Total assets reached RMB 1,042,396,186.53 as of September 30, 2025, compared to RMB 986,447,937.29 at the end of 2024, reflecting an increase of approximately 5.7%[14] - Total liabilities increased to RMB 348,550,082.79 as of September 30, 2025, from RMB 283,832,499.09 at the end of 2024, representing a growth of about 22.8%[15] - The company's equity attributable to shareholders was RMB 633,559,204.64 as of September 30, 2025, down from RMB 639,953,363.47 at the end of 2024, indicating a decrease of approximately 1.0%[15] Cash Flow - The net cash flow from operating activities was a negative ¥22,957,803.87 for the year-to-date period[3] - Cash flow from operating activities for the first three quarters of 2025 is -22,957,803.87 CNY, compared to -55,584,810.03 CNY in the same period of 2024, indicating a significant reduction in cash outflow[23] - Total cash inflow from operating activities is 215,580,013.84 CNY, while total cash outflow is 238,537,817.71 CNY, resulting in a net cash flow from operating activities of -22,957,803.87 CNY[23] - The company recorded cash inflow from investment activities of 32,076,417.28 CNY, while cash outflow was 46,837,528.14 CNY, leading to a net cash flow from investment activities of -14,761,110.86 CNY[23] - Cash inflow from financing activities is 85,000,000.00 CNY, with cash outflow of 17,241,006.19 CNY, resulting in a net cash flow from financing activities of 67,758,993.81 CNY[24] - The company's cash and cash equivalents at the end of the period amount to 124,886,787.57 CNY, compared to 125,766,205.49 CNY at the end of the previous year[24] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 17,332[8] - The top shareholder, Li Songqiang, holds 38,000,000 shares, representing 8.66% of the total shares[9] Borrowings - The company reported a significant increase in short-term borrowings by 520.46% due to increased mortgage borrowings[7] - Long-term borrowings rose to RMB 95,900,000.00 as of September 30, 2025, compared to RMB 51,800,000.00 at the end of 2024, reflecting an increase of approximately 84.9%[15] Operating Costs and Revenue - Total operating revenue for the first three quarters of 2025 reached RMB 196,422,633.57, an increase from RMB 185,369,320.18 in the same period of 2024, representing a growth of approximately 5.7%[18] - Total operating costs for the first three quarters of 2025 were RMB 211,011,562.12, slightly up from RMB 208,718,253.62 in 2024, indicating a marginal increase of about 1.6%[18] - Operating costs included RMB 173,643,381.78 in operating expenses for 2025, compared to RMB 168,084,312.44 in 2024, reflecting an increase of approximately 3.4%[18] Other Information - Non-recurring gains and losses for the period totaled ¥2,814,010.35, with government subsidies contributing ¥1,085,800.46[6] - The company has not reported any new product developments or market expansion strategies in this quarter[3] - The company has not reported any net profit from subsidiaries prior to consolidation for the current and previous periods[20]

重要内容提示： 青海华鼎实业股份有限公司（下称： "公司"）股票于 2025 年 10 月 21 日、10 月 22 日、10 月 23 日连续 3 个交易日内收盘价格跌 幅偏离值累计超过 12%，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的情形。 证券代码：600243 证券简称：*ST 海华 公告编号：临 2025-047 经向公司控股股东、实际控制人发函核实：截至本公告披露日， 不存在应披露而未披露的信息。 青海华鼎实业股份有限公司 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。 公司 2024 年度的利润总额、净利润或者扣除非经常性损益后 的净利润孰低者为负值且扣除与主营业务无关的业务收入和不具备 商业实质的收入后的营业收入低于 3 亿元，根据《上海证券交易所股 票上市规则》第 9.3.2 条（一）规定，公司股票已于 2025 年 4 月 23 日被实施退市风险警示，敬请广大投资者注意投资风险。 2025 年上半年公司实现营业收入为 1.13 亿元，归属于上市公 司股东的净利 ...

Core Viewpoint - The company *ST Haihua (formerly Qinghai Huading) is undergoing another change in actual control, with the new controllers being Zhu Jiayang, Zhang Shundi, and Zhang Dong, marking at least the fourth change in control since its listing in 2000. The company is facing significant operational challenges and is on the brink of delisting due to continuous losses and a declining market value [2][20]. Company Control Changes - The actual control of *ST Haihua has changed hands multiple times, with the latest shift occurring on October 17, 2025, when the control moved from Wang Feng to Zhu Jiayang, Zhang Shundi, and Zhang Dong [2][20]. - Since its listing, the company has transitioned from state-owned to management-led and now to private capital control, with each transition failing to deliver on promises of revitalization [9][20]. Historical Context - Established in 1998, *ST Haihua was initially a state-owned enterprise with significant government backing, holding a dominant position in the heavy machinery sector [3][9]. - The company has experienced a series of ownership changes, with the first major shift occurring in 2006 when Qinghai Tianxiang attempted to gain control through a share auction [4][5]. Financial Performance - The company has struggled financially, with revenue declining from 918 million yuan in 2017 to 535 million yuan in 2022, and a net loss of 418 million yuan in 2019 [11][13]. - Despite attempts to pivot to new business areas, such as cultural and clean energy sectors, the company has continued to report losses, with a net loss of 159 million yuan in 2023 and 89.94 million yuan in 2024 [15][16]. Market Position and Challenges - *ST Haihua, once a leader in the heavy machinery market, has seen its market value plummet to 2.3 billion yuan, teetering on the edge of delisting [2][9]. - The company has been criticized for its lack of coherent business strategy, with each new controller failing to invest in core resources and instead using the company as a financing platform [17][18]. Future Outlook - The new controllers face the challenge of reversing the company's fortunes and addressing the delisting risk, with market observers keenly watching for any new business resources or strategic shifts [20].

Core Viewpoint - *ST Haihua's stock resumed trading with a closing price of 5.58 yuan, reflecting a 5.08% increase, following the announcement of potential changes in control due to share transfer negotiations involving its actual controller, Wang Feng [1] Group 1: Share Transfer and Control Change - The actual controller Wang Feng is planning a share transfer that may lead to a change in company control, prompting a temporary suspension of trading [1] - A total of 43,233,875 shares, representing 9.85% of the company's total shares, will be transferred to Langning Yihe from Qinghai Yifeng Technology Investment Co., Ltd., Wang Feng, and Li Songqiang [2] - The share transfer agreements were signed on October 17, 2025, with shares sold at 5.31 yuan each, totaling approximately 229.57 million yuan for all transactions [3][4] Group 2: New Control Structure - Following the completion of the share transfer, the controlling shareholder will change from Qinghai Heavy Machinery Co., Ltd. to Langning Yihe, with the actual controllers being Zhu Jiayang, Zhan Shundi, and Zhang Dong [5] - Langning Yihe will directly hold 9.85% of the company's shares and, through various agreements, will control 16.21% of the voting rights [4][5] - The cash payment for the acquisition amounts to 349.57 million yuan, with 300.26 million yuan already received from the partners [5][6]