Market Overview - On September 4, the diversified financial sector declined by 0.49%, with *ST Xiongmao leading the drop [1] - The Shanghai Composite Index closed at 3765.88, down 1.25%, while the Shenzhen Component Index closed at 12118.7, down 2.83% [1] Stock Performance - Notable gainers in the diversified financial sector included: - Hongmingzong (001236) with a closing price of 11.78, up 2.79% on a trading volume of 253,400 shares and a turnover of 298 million [1] - Haide Co. (000567) closed at 6.25, up 1.63% with a trading volume of 185,400 shares and a turnover of 116 million [1] - Bohai Leasing (000415) closed at 3.41, up 1.49% with a trading volume of 1,013,900 shares and a turnover of 342 million [1] - Conversely, significant decliners included: - *ST Nengmao (600599) closed at 8.34, down 2.80% with a trading volume of 35,200 shares and a turnover of approximately 29.58 million [2] - Zhongyou Capital (000617) closed at 10.66, down 2.11% with a trading volume of 2,960,300 shares and a turnover of 3.195 billion [2] - Zhongliang Capital (002423) closed at 13.03, down 1.66% with a trading volume of 615,600 shares and a turnover of 260.8 million [2] Capital Flow - The diversified financial sector experienced a net outflow of 440 million from institutional investors, while retail investors saw a net inflow of 380 million [2] - Notable capital flows included: - Bohai Leasing (000415) with a net outflow of approximately 43.70 million from institutional investors [3] - Jiangsu Jinxiang (600901) had a net inflow of 7.17 million from institutional investors [3] - Nanhua Futures (603093) recorded a net inflow of 6.66 million from institutional investors [3]

证券简称：*ST熊猫 证券代码：600599 公告编号：临2025-053 熊猫金控股份有限公司 关于召开 2025 年半年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个别及连带责任。 重要内容提示： 会议召开时间：2025 年 9 月 10 日（星期三）上午 11:00-12:00 会议召开地点：上海证券交易所上证路演中心（网址：http://roadshow.ss einfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 9 月 3 日（星期三）至 9 月 9 日（星期二）16:00 前 登陆上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 600599@p andafireworks.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。 熊猫金控股份有限公司（以下简称"公司"）已于 2025 年 8 月 29 日发布公 司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度 经营成果、财务状况，公司计划于 2025 年 9 月 ...

Core Viewpoint - The diversified financial sector experienced a slight increase of 0.35% on September 1, with *ST Xiongmao leading the gains [1] Market Performance - The Shanghai Composite Index closed at 3875.53, up 0.46% - The Shenzhen Component Index closed at 12828.95, up 1.05% [1] Individual Stock Performance - *ST Nengmao (code: 6650009) closed at 8.80, up 5.01% with a trading volume of 53,700 shares - Yalian Development (code: 002316) closed at 6.10, up 4.63% with a trading volume of 371,300 shares - Zhongyou Capital (code: 000617) closed at 13.07, up 3.08% with a trading volume of 4,748,900 shares - Lakala (code: 300773) closed at 29.09, up 2.79% with a trading volume of 645,900 shares - Huajin Capital (code: 000532) closed at 16.14, up 2.48% with a trading volume of 166,200 shares - Xinli Financial (code: 600318) closed at 11.18, up 2.19% with a trading volume of 694,800 shares - Dianliu Kaitong (code: 600830) closed at 10.75, up 1.61% with a trading volume of 148,200 shares - Aijian Group (code: 600643) closed at 6.06, up 1.00% with a trading volume of 227,500 shares - Guowang Yingda (code: 600517) closed at 5.92, up 0.68% with a trading volume of 414,900 shares - Hainan Huatie (code: 603300) closed at 10.68, up 0.66% with a trading volume of 1,411,100 shares [1] Capital Flow - The diversified financial sector saw a net outflow of 397 million yuan from main funds, while retail investors contributed a net inflow of 398 million yuan [1]

Group 1 - The Shanghai Composite Index closed at 3872.93 points, above the six-month moving average, with a gain of 0.39% [1] - The total trading volume of A-shares reached 228.56 billion yuan [1] - A total of 76 A-shares have surpassed the six-month moving average today, with notable stocks including Sanjiang Shopping, Jinyun Laser, and Kexin Machinery, showing divergence rates of 7.87%, 5.15%, and 5.13% respectively [1] Group 2 - The stocks with the highest divergence rates from the six-month moving average include: - Sanjiang Shopping: 10.03% increase, 4.63% turnover rate, latest price 11.96 yuan, divergence rate 7.87% [1] - Jinyun Laser: 6.03% increase, 6.89% turnover rate, latest price 17.76 yuan, divergence rate 5.15% [1] - Kexin Machinery: 5.96% increase, 12.01% turnover rate, latest price 13.51 yuan, divergence rate 5.13% [1] - Other notable stocks with smaller divergence rates include: - Sanbian Technology, Shanghai Ailu, and George White, which have just crossed the six-month moving average [1]

Group 1 - The core viewpoint of the report emphasizes the importance of reviewing the full semi-annual report for a comprehensive understanding of the company's operational results, financial status, and future development plans [1][1][1] - The board of directors and senior management guarantee the authenticity, accuracy, and completeness of the semi-annual report, asserting that there are no false records, misleading statements, or significant omissions [1][1][1] - The report indicates that there are no profit distribution plans or capital reserve transfer to share capital proposals approved by the board during the reporting period [1][1][1] Group 2 - The company provides a brief introduction and outlines its basic information, including major financial data presented in RMB [1][1][1] - The report includes details on the top 10 shareholders' holdings, although specific data is not provided in the excerpt [1][1][1] - There are no changes in the controlling shareholder or actual controller during the reporting period [1][1][1]

Core Insights - *ST Xiongmao (600599.SH) reported a significant decline in revenue and profit for the first half of 2025, with operating income of 96.83 million yuan, a year-on-year decrease of 41.02% [1] - The operating profit was 13.12 million yuan, down 62.89% compared to the previous year [1] - The net profit attributable to shareholders was 7.34 million yuan, reflecting a 70.16% decline year-on-year [1] Revenue and Profit Analysis - The decline in revenue is primarily attributed to the impact of increased tariffs imposed by the United States, which led to a substantial drop in revenue from the U.S. market compared to the same period last year [1] - The significant decrease in operating profit indicates challenges in maintaining profitability amidst declining sales [1] Financial Performance Summary - The company's financial performance for the first half of 2025 shows a concerning trend, with all key metrics indicating a downward trajectory [1] - The drastic reduction in net profit highlights the financial strain the company is experiencing, likely due to external market pressures [1]

Core Viewpoint - The company *ST Panda reported a significant decline in both revenue and net profit for the first half of 2025 compared to the previous year, indicating potential financial distress and operational challenges [1] Financial Performance - The operating revenue for the first half of 2025 was 96.832 million yuan, representing a year-on-year decrease of 41.02% [1] - The net profit for the same period was 7.3366 million yuan, which reflects a year-on-year decline of 70.16% [1] - The basic earnings per share were 0.044 yuan, down 70.27% compared to the previous year [1]

Group 1 - The board of *ST Xiongmao has appointed Mr. Chen Mo as the new Chief Financial Officer [1] - For the fiscal year 2024, *ST Xiongmao's revenue composition is as follows: 99.99% from fireworks products and 0.01% from the small loan segment [1] Group 2 - *ST Tianshan's CFO Chen Yuefan resigned due to personal reasons [2] - Huayuan Communication's CFO Wang Ye has also resigned from his position [2] - Arrow Home has appointed Deng Qinghui as the new Chief Financial Officer [2]

证券简称：*ST 熊猫 证券代码：600599 编号：临 2025-052 熊猫金控股份有限公司 关于聘任公司财务总监的公告 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个别及连带责任。 为确保熊猫金控股份有限公司（以下简称"公司"）财务管理工作的顺利开 展，提升公司财务管理水平，根据《公司法》、《公司章程》的有关规定，经公司 董事长兼总经理提名，第八届董事会提名委员会任职资格审查、审计委员会审核 通过，公司于 2025 年 8 月 26 日召开第八届董事会第九次会议，审议通过《关于 聘任公司财务总监的议案》。董事会同意聘任陈默先生为公司财务总监（简历详 见附件），任期自本次董事会审议通过之日起至第八届董事会届满之日止。 陈默先生未持有公司股份，具备有关法律法规和《公司章程》规定的任职资 格，不存在违反法律法规、规范性文件规定的情形，不存在被中国证监会认定为 证券市场禁入者的情形，也不存在被中国证监会和上海证券交易所公开认定为不 适合担任上市公司高级管理人员的情形。 特此公告。 熊猫金控股份有限公司董事会 2025 年 8 月 27 ...

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个别及连带责任。 证券简称：*ST 熊猫 证券代码：600599 编号：临 2025-051 熊猫金控股份有限公司 第八届董事会第九次会议决议公告 由于刘玉铭先生于 2025 年 8 月 6 日申请辞去董事长职务，公司董事会已选 举王正先生为公司第八届董事会董事长。为保证董事会工作的正常进行，在公司 聘任新的董事会秘书之前，将由公司董事长王正先生代行董事会秘书职责。公司 董事会将按相关规定尽快聘任新的董事会秘书。 表决结果：同意票数 5 票，占出席会议有表决权票数 100%，反对票数 0 票， 弃权票数 0 票。 熊猫金控股份有限公司（以下简称"公司"）第八届董事会第九次会议通知 于 2025 年 8 月 22 日分别以电话、电子邮件等方式发送给各位董事，会议于 2025 年 8 月 26 日上午十点在公司召开。会议由董事长王正先生主持，本次会议应到 董事 5 人，实到董事 5 人。符合《公司法》及《公司章程》的规定。会议以通讯 表决方式审议通过了： 特此公告。 一、关于聘任公司财务总监的议 ...