证券代码：600448 证券简称：华纺股份 公告编号：2025-036 华纺股份有限公司 2025年第一次临时股东大会决议公告 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。 重要内容提示： (一)非累积投票议案 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 276 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 120,983,151 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 19.21 | 会议选举股东代表周洋君、监事张岩冰、高斌为监票人，公司董办职员刘国森为 计票人。 二、 议案审议情况 1、 议案名称：关于取消监事会暨修订《公司章程》的议案 (一) 股东大会召开的时间：2025 年 10 月 31 日 (二) 股东大会召开的地点：山东省滨州市东海一路 118 号华纺股份有限公司。 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： (四) 表决方式是否符合《 ...

国浩律师（北京）事务所 关 于 华纺股份有限公司 2025 年第一次临时股东大会 之 法律意见书 北京/上海/深圳/杭州/广州/昆明/天津/成都/宁波/福州/西安/南京/南宁/济南/重庆/苏州/长沙/太原/武汉/贵阳 乌鲁木齐/郑州/石家庄/合肥/海南/青岛/南昌/大连/银川/香港/巴黎/马德里/斯德哥尔摩/纽约/马来西亚/柬埔寨 地址：北京市朝阳区东三环北路38号泰康金融大厦9层 邮编：100026 电话：010-65890699 传真：010-65176800 电子信箱：grandallbj@grandall.com.cn 网址：http://www.grandall.com.cn 2025 年 10 月 国浩律师（北京）事务所 法律意见书 国浩律师（北京）事务所 关于华纺股份有限公司 2025 年第一次临时股东大会 之 法律意见书 国浩京证字[2025]第 1029 号 致：华纺股份有限公司 本法律意见书仅供公司为进行本次股东大会之目的而使用，非经本所同意， 不得用作任何其他目的。 基于上述，根据中国现行有效的法律法规及规范性文件的有关规定，按照律 师行业公认的业务标准、道德规范和勤勉尽责之精神，现出具 ...

Core Viewpoint - The company, Huafang Co., Ltd., is facing significant operational challenges due to external factors such as U.S. tariff policies and intensified domestic market competition, leading to a decline in performance and overall losses in the reporting period [5]. Financial Data Summary - The financial statements for the third quarter are unaudited, and the company has confirmed the accuracy and completeness of the financial information provided [3][6]. - The company reported substantial impacts on foreign trade sales orders and product price declines, particularly after the second quarter, contributing to a challenging business environment [5]. Shareholder Information - There are no changes reported in the major shareholders or the status of shares available for lending in the current reporting period [4]. Other Important Reminders - The company has highlighted the significant exchange losses due to fluctuations in the RMB exchange rate, which have further exacerbated the financial difficulties faced during the reporting period [5].

Core Viewpoint - Huafang Co., Ltd. reported a decline in net profit for the first three quarters of 2025 despite a revenue increase, indicating potential challenges in profitability [1] Financial Performance - Total operating revenue for the first three quarters reached 2.352 billion yuan, representing a year-on-year growth of 9.02% [1] - Net profit attributable to shareholders was -78.8236 million yuan, compared to a net profit of 2.5233 million yuan in the same period last year [1] - Basic earnings per share were -0.125 yuan [1]

Core Insights - The company reported a significant decline in net profit for the first three quarters of 2025, with a net loss of 78.82 million yuan, representing a year-on-year decrease of 3223.8% [1][4][6] - The main operating revenue for the first three quarters reached 2.352 billion yuan, showing a year-on-year increase of 9.02% [1][12] - The company's financial health is under pressure, indicated by a high debt ratio of 69.41% and a gross profit margin of only 8.67%, which is a year-on-year decrease of 28.32% [1][12] Financial Performance Summary - Total revenue for Q3 2025 was 826 million yuan, up 10.48% year-on-year [1][8] - The net profit attributable to shareholders for Q3 was a loss of 44.15 million yuan, down 2716.46% year-on-year [1][6] - The net profit excluding non-recurring items for Q3 was a loss of 45.95 million yuan, reflecting a year-on-year decline of 3880.02% [1][11] Cash Flow and Operational Efficiency - The net cash flow from operating activities increased by 54.5%, attributed to higher sales revenue and improved collection of receivables [4] - The company reported an earnings per share of -0.13 yuan, a decrease of 3225.00% year-on-year [12] - The operating cash flow per share was 0.25 yuan, which is an increase of 54.49% year-on-year [12]

Financial Performance - The company's operating revenue for the third quarter was ¥826,259,566.82, an increase of 10.48% compared to the same period last year[5] - The total profit for the third quarter was a loss of ¥43,969,239.89, representing a decrease of 2,695.10% year-on-year[5] - The net profit attributable to shareholders for the third quarter was a loss of ¥44,145,877.42, a decline of 2,716.46% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the third quarter was a loss of ¥45,951,154.09, down 3,880.02% year-on-year[5] - The net profit for the first three quarters of 2025 was a loss of ¥78,707,243.91, compared to a profit of ¥2,931,371.84 in the same period of 2024, indicating a significant decline in profitability[21] - The net profit attributable to the parent company was a loss of ¥78,823,583.03, compared to a profit of ¥2,523,323.83 in the previous period[23] - The net profit for the first three quarters of 2025 was a loss of ¥77,055,769.88, compared to a profit of ¥2,720,491.20 in the first three quarters of 2024, indicating a significant decline[32] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥3,695,622,072.35, an increase of 1.04% from the end of the previous year[6] - The total assets amounted to ¥3,695,622,072.35, slightly up from ¥3,657,663,667.41, indicating a growth of 1.0%[18] - The total assets as of September 30, 2025, amounted to ¥3,730,326,555.04, compared to ¥3,678,319,619.18 at the end of 2024, indicating an increase of approximately 1.4%[27] - The total liabilities as of September 30, 2025, were ¥2,565,233,938.52, up from ¥2,448,568,289.67, an increase of 4.8%[18] - The total liabilities increased to ¥2,580,098,260.90 in 2025 from ¥2,451,035,555.16 in 2024, reflecting a growth of approximately 5.3%[29] - The company's retained earnings showed a decline, with a negative balance of ¥447,051,314.11 as of September 30, 2025, compared to a negative balance of ¥368,227,731.08 at the end of 2024[18] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥155,100,148.21, an increase of 54.50%[6] - The operating cash flow for the first three quarters of 2025 was ¥155,100,148.21, an increase from ¥100,388,904.90 in the same period of 2024, representing a growth of approximately 54.6%[25] - The company's cash and cash equivalents increased to ¥524,582,517.37 as of September 30, 2025, compared to ¥345,148,161.89 at the end of 2024, representing a growth of 52.0%[16] - Total cash and cash equivalents at the end of the period reached ¥235,690,817.52, up from ¥219,147,923.73 at the end of the previous year[26] - The cash and cash equivalents at the end of the period increased to ¥173,142,589.22 in 2025 from ¥136,050,683.76 in 2024, marking an increase of about 27.3%[36] - The cash flow from financing activities generated a net cash inflow of ¥51,675,886.50 in 2025, contrasting with a net outflow of ¥10,353,843.45 in 2024, indicating a positive shift[36] Inventory and Receivables - Accounts receivable rose to ¥555,956,435.97 from ¥480,713,396.46, marking an increase of 15.6% year-on-year[16] - Inventory decreased to ¥835,313,636.55 from ¥969,215,135.41, a decline of 13.8%, indicating improved inventory management[16] - The company's inventory decreased to ¥773,671,447.08 from ¥909,234,104.39, reflecting a reduction of about 15%[27] Competition and Market Conditions - The company faced significant challenges due to intensified domestic market competition and international trade policies, leading to a decline in product prices and overall performance[14] - The company experienced substantial foreign exchange losses due to fluctuations in the RMB exchange rate, further impacting its financial results[14] Research and Development - Research and development expenses for the first three quarters of 2025 were ¥113,908,903.06, up from ¥104,902,443.55 in 2024, representing an increase of about 8.6%[32] Financial Ratios - The basic earnings per share for the third quarter was -¥0.070, a decrease of 2,433.33% year-on-year[6] - The basic earnings per share were reported at -0.1250, compared to 0.0040 in the previous period, indicating a significant decline[23]

华纺股份有限公司 2025 年第一次临时股东大会材料 一、董事会秘书处具体负责大会有关程序方面的事宜。 二、公司董事会、监事会在股东大会召开过程中，应当以维护股东的合法权益， 确保大会正常秩序和议事效率为原则，认真履行法定职责。 三、股东享有发言权、质询权、表决权等权利，并应认真履行法定义务，不得侵 犯其他股东的权益，不得扰乱大会的正常秩序。 四、股东在大会上要求发言，需在会议召开前向董事会秘书处登记，发言顺序根 据持股数量的多少和登记顺序确定，发言内容应围绕大会的议案，每位股东的发言时 间不超过五分钟。 五、除涉及公司的商业秘密不能在股东大会上公开外，公司的董事会、监事会成 员有义务认真负责地回答股东提问。 六、股东大会现场会议采用现场记名投票方式进行表决，在投票过程中股东应听 从大会工作人员安排，维护好股东大会秩序。 二○二五年十月 华纺股份有限公司 2025 年第一次临时股东大会议程 | 时间 | 现场会议：2025 年 10 月 31 日 14:00 开始 | | | --- | --- | --- | | | 网络投票：2025 年 10 月 31 日 9:15-15:00。 | | | 地点 | ...

Core Insights - The textile manufacturing sector experienced a rise of 0.93% on October 20, with Furui Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index closed at 12813.21, up 0.98% [1] Textile Manufacturing Sector Performance - The top-performing stocks in the textile manufacturing sector included: - Chui Mu Co., Ltd. (002083) with a closing price of 6.16, up 10.00% and a trading volume of 481,000 shares, totaling a transaction value of 296 million [1] - Xinlong Holdings (000955) closed at 5.81, up 5.06% with a transaction value of 230 million [1] - Gu Mo Rong Material (001390) closed at 26.79, up 3.92% with a transaction value of 348 million [1] - The sector saw a net inflow of 74.52 million in main funds, while retail investors experienced a net outflow of 12.20 million [2][3] Fund Flow Analysis - Main funds showed significant net inflow in: - Chui Mu Co., Ltd. with 72.05 million, accounting for 24.32% of the total [3] - Gu Mo Rong Material with 42.92 million, representing 12.32% [3] - Retail investors showed a net outflow in several stocks, including: - Hangmin Co., Ltd. with a net outflow of 22.23 million, representing 19.70% [3] - Yinfeng Co., Ltd. with a net outflow of 3.21 million, accounting for 1.80% [3]

华纺股份有限公司战略委员会工作细则 （2025 年 10 月第八届董事会第七次会议修订稿） 第一章 总则 第一条 为适应华纺股份有限公司（以下简称"公司"）的战略发展需要， 增强公司核心竞争力，确定公司发展规划，健全投资决策程序，加强决策科学性， 提高重大投资决策的效益和决策的质量，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》《公司章程》及有关规定，公司特制定本制 度。 第二条 战略委员会是董事会下设的常设专门工作机构，主要负责对公司长 期发展战略和重大投资决策进行研究并提出建议。 第二章 人员组成 第三条 战略委员会应当由三至五人组成，其中两名独立董事。 第四条 战略委员会委员由董事长、过半数的独立董事或者全体董事的三 分之一以上提名，并由董事会选举产生，对董事会负责。 第五条 战略委员会设主任委员（召集人）1 名，由董事长担任，负责领导 战略委员会的工作。 第六条 战略委员会任期与董事会任期一致，委员任期届满，连选可以连任。 期间如有委员不再担任公司董事职务，自动失去委员资格，并由委员会根据上述 第三至第五条规定补足委员人数。 第七条 公司负责经营发展规划部门及证券事务代表协助战略 ...

华纺股份有限公司信息披露事务管理制度 （2025 年 10 月第八届董事会第七次会议修订稿） 第一章 总则 第一条 为规范华纺股份有限公司（以下简称"公司"）及相关信息披露义务人的 信息披露行为，加强信息披露事务管理，明确公司内部和有关人员的信息披露职责范 围和保密责任，保护公司和投资者合法权益，根据《中华人民共和国公司法》《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》 （以下简称"《上市规则》"）、《上海证券交易所上市公司自律监管指引第 2 号— —信息披露事务管理》（以下简称"《信息披露事务管理》"）等法律、行政法规、 部门规章、规范性文件和《华纺股份有限公司章程》（以下简称"《公司章程》"）， 制定本办法。 第二条 本制度所称信息披露，是指公司按照《信息披露事务管理制度》，通过上 海证券交易所信息披露系统自行登记和上传信息披露文件，并直接提交至上海证券交 易所网站（http://www.sse.com.cn）及其他指定媒体进行披露的信息披露方式。 第三条 公司应主动、及时的履行信息披露义务，并确保信息披露内容真实、准确、 完整，没有虚假、严重误导性陈述或重大遗漏。 ...