Core Viewpoint - The company has decided to terminate the tomato product construction project in Luntai County due to prolonged planning and insufficient land transfer area to support operational needs after project completion [1] Group 1 - The company announced the termination of the Luntai County tomato product construction project [1] - The decision was made during the second board meeting on July 28, 2025, with a unanimous vote of 9 in favor and no opposition or abstentions [1] - The management has been authorized to handle all matters related to the termination of the project [1] Group 2 - The termination of the project is pending approval from the company's third extraordinary general meeting in 2025 [1]

XINJIANG GUANNONG CO.,LTD. 2025 年第三次临时股东会会议资料 新 疆 冠 农 股 份 有 限 公 司 新疆冠农股份有限公司 （600251） 2025年第三次临时股东会 会议资料 新疆冠农股份有限公司董事会 二Ｏ二五年八月十三日 1 新 疆 冠 农 股 份 有 限 公 司 XINJIANG GUANNONG CO.,LTD. 2025 年第三次临时股东会会议资料 目 录 | 2025 年第三次临时股东会会议须知 | 3 | | --- | --- | | 议案一：关于 2025 年预计为子公司提供担保的议案 | 5 | | 议案二：关于 2025 年度开展套期保值业务的议案 | 7 | | 议案三：关于终止轮台县建设项目的议案 | 8 | 2 新 疆 冠 农 股 份 有 限 公 司 XINJIANG GUANNONG CO.,LTD. 2025 年第三次临时股东会会议资料 新疆冠农股份有限公司 2025 年第三次临时股东会会议须知 各位股东及股东代表： 为维护股东的合法权益，确保股东及股东代理人在本公司 2025 年第三次临时股东 会期间依法行使权利，保证股东会的正常秩序和议事效 ...

Core Viewpoint - Xinjiang Guannong Co., Ltd. has announced the provision of guarantees for its subsidiaries, totaling 87 million yuan for Xinjiang Yintong Cotton Industry Co., Ltd. and 43 million yuan for Bazhou Guannong Cotton Industry Co., Ltd. The guarantees are within the previously approved limits and include counter-guarantees for part of the amounts [1][2][6]. Summary by Sections Guarantee Details - The total guarantee amount for Xinjiang Yintong Cotton Industry Co., Ltd. is 87 million yuan, with a total guarantee balance of 123 million yuan [1]. - The total guarantee amount for Bazhou Guannong Cotton Industry Co., Ltd. is 43 million yuan, with a total guarantee balance of 281 million yuan [1]. - The company has provided a counter-guarantee of 84 million yuan for part of the guarantee to Xinjiang Yintong Cotton Industry [1][4]. Cumulative Guarantee Situation - The total external guarantees provided by the company and its subsidiaries amount to 3.432 billion yuan, which represents 95.54% of the company's audited net assets as of the end of 2024 [6]. - The current external guarantee balance is 1.14 billion yuan, accounting for 31.75% of the company's audited net assets as of the end of 2024 [6]. Necessity and Reasonableness of Guarantees - The guarantees are intended to support the daily operational needs of the subsidiaries, facilitating their business development and achieving the company's overall operational goals [6]. - The company maintains control over the management and significant decisions of the guaranteed parties, ensuring that the operational status is normal and the risks are manageable [6]. Internal Decision-Making Process - The guarantees fall within the limits approved by the shareholders' meeting, and no further board or shareholder approval is required for these guarantees [2][6]. Financial Overview of Guaranteed Parties - Xinjiang Yintong Cotton Industry Co., Ltd. has total assets of approximately 1.11 billion yuan and total liabilities of about 975.76 million yuan as of March 31, 2025 [3]. - Bazhou Guannong Cotton Industry Co., Ltd. has total assets of approximately 487 million yuan and total liabilities of about 375.66 million yuan as of March 31, 2025 [3].

证券代码：600251 证券简称：冠农股份 公告编号：临 2025-031 新疆冠农股份有限公司 关于为控股子公司提供担保的进展公告 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。 重要内容提示： 担保对象及基本情况 | | 被担保人名称 | | 新疆银通棉业有限公司（以下简称"银通棉业"） | | --- | --- | --- | --- | | | 本次担保金额 | 8,700 万元 | | | 担保对象一 | 实际为其提供的担保余额 | 12,300 | 万元（含本次担保） | | | 是否在前期预计额度内 | □√是 □否 | | | | 本次担保是否有反担保 | □√是（其中 | 8,400 万元担保有反担保） □否 | | 担保对象二 | 被担保人名称 | | 巴州冠农棉业有限责任公司（以下简称"巴州冠农棉业"） | | | 本次担保金额 | 4,300 万元 | | | | 实际为其提供的担保余额 | 28,100 | 万元（含本次担保） | | | 是否在前期预计额度内 | □√是 □否 | | | | 本次 ...

Core Viewpoint - The training session aims to enhance the ability of enterprises in the Xinjiang Production and Construction Corps to utilize the futures market for managing operational risks and to support high-quality economic development [1][2]. Group 1: Training and Collaboration - The training was organized by the Xinjiang Production and Construction Corps State-owned Assets Supervision and Administration Commission, the Xinjiang Securities Regulatory Bureau, and the Zhengzhou Commodity Exchange, focusing on risk management through futures [1]. - Participants included regulatory officials, representatives from state-owned enterprises, listed companies, and financial experts, discussing the role of financial derivatives in industry transformation and supply chain stability [1][2]. - The Zhengzhou Commodity Exchange has established multiple delivery warehouses for cotton and jujube in Xinjiang, reinforcing the region's position as a trade center and pricing benchmark [2][3]. Group 2: Industry Challenges and Opportunities - Enterprises face price volatility and market risks due to global economic changes, which create uncertainties in procurement, production, and sales [1]. - The Xinjiang Production and Construction Corps emphasizes the need for enterprises to enhance their understanding of the futures market and develop a skilled workforce that comprehends both futures and spot markets [2][3]. - The training highlighted the importance of using futures and derivatives for risk management, with a focus on cotton and jujube, which are key products for the region [2][4]. Group 3: Expert Insights and Practical Applications - Industry experts provided insights on macroeconomic trends, cost fluctuations, and supply chain challenges, advising on how to use futures tools for risk hedging and strategic planning [3]. - The training included discussions on the core functions of the futures market, such as price discovery and resource allocation, and how these can support high-quality development for enterprises [3]. - Practical applications of futures and options in risk management were shared, including strategies for hedging and liquidity risk control, helping participants understand how to stabilize operations and secure profits [3][4].

证券代码：600251 证券简称：冠农股份 公告编号：临 2025-030 新疆冠农股份有限公司 2024年年度权益分派实施公告 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： 每股分配比例 A 股每股现金红利0.08元（含税） 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/17 | － | 2025/6/18 | 2025/6/18 | 差异化分红送转： 否 1. 发放年度：2024年年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3. 分配方案： 本次利润分配以方案实施前的公司总股本776,993,583股为基数，每股派发现 金红利0.08元（含税），共计派发现金红利62,159,486.64元。 | | | | 股份类别 | 股权登记日 | 最后 ...

证券代码：600251 证券简称：冠农股份 公告编号：临 2025-030 新疆冠农股份有限公司 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： ? 每股分配比例 A 股每股现金红利0.08元（含税） ? 相关日期 股份类别 股权登记日 最后交易日 除权（息）日 现金红利发放日 Ａ股 2025/6/17 － 2025/6/18 2025/6/18 ? 差异化分红送转： 否 一、 通过分配方案的股东会届次和日期 本次利润分配方案经公司2025 年 4 月 23 日的2024年年度股东会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 本次利润分配以方案实施前的公司总股本776,993,583股为基数，每股派发现 金红利0.08元（含税），共计派发现金红利62,159,486.64元。 除由公司自行发放现金红利的股东外，公司其他股东的现金红利委托中国结 算上海分公司通过其资金清算系统向股权登记日 ...

新疆冠农股份有限公司 2024年年度权益分派实施公告 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： 每股分配比例 证券代码：600251 证券简称：冠农股份 公告编号：临 2025-030 A 股每股现金红利0.08元（含税） 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/17 | － | 2025/6/18 | 2025/6/18 | 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3. 分配方案： 本次利润分配以方案实施前的公司总股本776,993,583股为基数，每股派发现 金红利0.08元（含税），共计派发现金红利62,159,486.64元。 | | | | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | ...

Core Viewpoint - The "Stable Enterprises, Secure Agriculture" conference focused on risk management in the cotton industry, highlighting the importance of financial tools in supporting the high-quality development of the sector [1][4]. Group 1: Event Overview - The conference was co-hosted by Xinjiang Guannong Co., Ltd. and Huatai Futures, bringing together representatives from the cotton industry and financial experts to discuss market conditions and risk management strategies [1][2]. - The Zhengzhou Commodity Exchange (ZCE) reported that the cotton futures market has seen significant liquidity and participation, with a long-term open interest of around 4 million tons [1]. Group 2: Industry Insights - Guannong Co. emphasized its role as a key player in agricultural industrialization, actively promoting market participation among cotton enterprises to enhance their risk management capabilities [2]. - Huatai Futures expressed its commitment to providing integrated financial solutions for the cotton industry, aiming to build a collaborative ecosystem for industry and finance [2]. Group 3: Expert Contributions - Industry experts provided insights on market trends, with Huatai Futures analysts discussing macroeconomic factors and supply-demand dynamics affecting cotton prices [3]. - The use of satellite remote sensing technology for monitoring global cotton production areas was presented, showcasing its potential to help businesses anticipate weather impacts on yield and quality [3]. - Practical case studies on the application of options in the cotton industry were shared, highlighting their role in risk management and how companies can tailor strategies to their specific needs [3]. Group 4: Future Directions - The successful hosting of the conference established a platform for ongoing communication between cotton enterprises and financial institutions, enhancing understanding of risk management tools [4]. - The organizers plan to continue facilitating exchange activities under the guidance of the ZCE to promote high-quality development in the cotton industry [4].

Core Points - The company is established as a joint-stock limited company in accordance with the Company Law of the People's Republic of China and other relevant regulations [1][2] - The registered capital of the company is RMB 776,993,583 [2] - The company aims to enhance agricultural modernization and create agricultural brand development through a comprehensive operational system [6] Company Overview - The company was approved by the Xinjiang Uygur Autonomous Region People's Government and registered with the Market Supervision Administration of the Xinjiang Production and Construction Corps [1][2] - The company was listed on the Shanghai Stock Exchange on June 9, 2003, after issuing 40 million shares to the public [2] Business Objectives and Scope - The company's mission is to provide precise services to agriculture, achieve agricultural modernization, and create agricultural brand development [6] - The business scope includes cotton planting, vegetable planting, feed production, food production, grain processing, and various agricultural services [6] Share Structure - The total number of shares issued by the company is 776,993,583, all of which are ordinary shares [8] - The company adheres to principles of fairness and transparency in share issuance, ensuring equal rights for all shareholders [8] Governance and Management - The chairman of the board serves as the legal representative of the company, and the company is required to appoint a new legal representative within 30 days if the current one resigns [2][3] - The company has established a Communist Party organization and conducts activities in accordance with the Party's regulations [4] Shareholder Rights and Responsibilities - Shareholders have the right to receive dividends, request meetings, supervise the company's operations, and transfer their shares [17] - Shareholders holding more than 5% of the shares can request to inspect the company's accounting books [18] Decision-Making Processes - The company’s shareholders' meeting is the highest authority, responsible for electing directors, approving financial reports, and making significant corporate decisions [26] - Major transactions and external guarantees require approval from the shareholders' meeting [27][29]