Group 1 - The company Guanghui Logistics announced that as of the date of the announcement, the total external guarantee balance of the company and its subsidiaries is approximately 2.712 billion RMB, accounting for 38.88% of the latest audited net assets attributable to shareholders [1] - The company's revenue composition for the first half of 2025 is as follows: energy logistics services account for 79.11%, real estate sales account for 16.89%, logistics park operations account for 3.7%, and factoring business accounts for 0.3% [1] - As of the time of reporting, Guanghui Logistics has a market capitalization of 8.3 billion RMB [1]

证券代码：600603 证券简称：广汇物流 公告编号：2025-086 广汇物流股份有限公司 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： 广汇物流股份有限公司（以下简称"公司"、"上市公司"） 控股股东新疆广汇实业投资（集团）有限责任公司（以下简称"广汇 集团"）及其一致行动人新疆广汇化工建材有限责任公司（以下简称 "广汇化建"）共持有公司股份 601,297,829 股，占公司总股本 1,193,329,151 股的 50.39%。本次质押后，累计质押数量 368,952,400 股，占其所持有公司股份总数的 61.36%，占公司总股本的 30.92%。 一、公司控股股东本次股份质押情况 关于控股股东部分股份质押的公告 公司于 2025 年 11 月 26 日获悉广汇集团所持本公司部分股份被 质押，具体情况如下： 1.本次股份质押基本情况 | | 是否 | | 是否 | 是否 | | | | | 占其所 | 占公司 | | | --- | --- | --- | --- | --- | --- | --- ...

证券代码：600603 证券简称：广汇物流 公告编号：2025-085 担保对象及基本情况 | 担保对象 | 被担保人名称 | 广汇物流股份有限公司（以下简称"公司"、"广汇物流"） | | --- | --- | --- | | | 本次担保金额 | 120,000 万元 | 累计担保情况 | 对外担保逾期的累计金额（万元） | 0 | | --- | --- | | 截至本公告日上市公司及其控股子公司对外担保总额（万元） | 271,201.59 | | 对外担保总额占上市公司最近一期经审计净资产的比例（%） | 38.88 | 广汇物流股份有限公司 关于公司向中信金融资产申请信托融资 暨公司为自身提供担保的公告 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： 一、担保情况概述 （一）担保事项基本情况 为进一步提高公司资本运营效率，拓宽融资渠道，公司与中国中 信金融资产管理股份有限公司（以下简称"中信金融资产"）开展信 托融资业务。公司与中信金融资产共同认购由中信信托有限责任公司 （以下简称"中信信托"）设 ...

Core Viewpoint - Guanghui Logistics has experienced a significant decline in stock price and financial performance, indicating potential challenges in its operations and market position [1][2]. Financial Performance - As of September 30, 2025, Guanghui Logistics reported a revenue of 2.051 billion yuan, a year-on-year decrease of 20.09% [2]. - The net profit attributable to shareholders for the same period was 318 million yuan, down 24.55% year-on-year [2]. - The company's stock price has dropped 29.11% year-to-date, with a 9.07% decline over the last five trading days [1]. Stock Market Activity - On November 24, Guanghui Logistics' stock fell by 2.01%, trading at 6.82 yuan per share with a total market capitalization of 8.139 billion yuan [1]. - The stock has seen a net outflow of 3.0745 million yuan in principal funds, with significant selling pressure [1]. - The company has appeared on the stock market's "龙虎榜" (top trading list) twice this year, with the most recent occurrence on April 23 [1]. Business Segments - Guanghui Logistics' main business segments include energy logistics services (79.11% of revenue), real estate sales (16.38%), logistics park operations (3.00%), and other minor segments [1]. - The company is involved in various industry concepts such as smart logistics and the Belt and Road Initiative [2]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 19,000, with an average of 62,909 circulating shares per shareholder, a decrease of 3.06% from the previous period [2]. - The company has not distributed any dividends in the last three years, with a total payout of 1.343 billion yuan since its A-share listing [3].

Investment Strategy - The report emphasizes that Xinjiang is benefiting from two major strategic shifts: moving from coastal economies to the Belt and Road Initiative, positioning Xinjiang as a frontier hub with geographical advantages. This shift is expected to enhance energy security and promote coal chemical industry development [7][8] - The report highlights the importance of coal chemical investment and state-owned enterprise reform as two main investment themes in Xinjiang. The external environment for coal chemical development is now favorable, with rising coal prices and a focus on resource allocation towards the western regions of China [7][8] Xinjiang Index Situation - The Xinjiang index is reported at 121.12, down 7.68% week-on-week. The Xinjiang coal chemical investment index is at 119.79, also down 7.67%, while the state-owned enterprise reform index stands at 123.83, down 7.08% [14] - The report lists the top gainers and losers in the market, with Guotong Co., Ltd. (002205.SZ) gaining 10.38% and Huijia Times (603101.SH) losing 15.07% [14] Key Data Tracking - Key prices in Xinjiang include Q5000 mixed coal at 100 CNY/ton, Q5200 mixed coal at 215 CNY/ton, and main coking coal at 700 CNY/ton. The price of methanol is reported at 1530 CNY/ton, with a price difference of -482.5 CNY/ton compared to East China [20] - In October 2025, the coal railway dispatch volume from state-owned key coal mines was 3.429 million tons, a year-on-year decrease of 4.14%, while the raw coal production in Xinjiang was 44.816 million tons, down 5.00% year-on-year [20] Key News and Company Announcements - Guanghui Logistics has signed new transportation agreements for 2026, with external customer orders exceeding 7 million tons, expected to generate a total contract value of approximately 700 million CNY. This positions the company to further solidify its market position [34] - The report mentions several ongoing coal chemical projects in Xinjiang, including a 1.2 million ton coal-to-LNG project and an 800,000 ton coal-to-olefins project, with significant investments aimed at enhancing local resource utilization [34][38] Overview of Target Companies - The report suggests focusing on companies involved in coal chemical projects in Xinjiang, including TBEA, Jiufeng Energy, Baofeng Energy, Guanghui Energy, and Hubei Yihua. Additionally, companies providing services to coal chemical projects and local state-owned enterprises are highlighted as potential investment opportunities [11][13]

Group 1 - The company intends to appoint Da Xin Accounting Firm as the auditor for the fiscal year 2025, pending approval from the upcoming shareholders' meeting [2][14] - The audit fee for 2025 is set at RMB 2.35 million, which includes RMB 1.8 million for financial statement audits, RMB 450,000 for internal control audits, and RMB 100,000 for special reviews of fundraising [12] - Da Xin Accounting Firm has over 30 years of experience in securities services and has a total of 3,945 employees, including 1,031 certified public accountants [3][4] Group 2 - The company will hold its fourth extraordinary shareholders' meeting on December 9, 2025, to discuss the appointment of the auditor and other matters [16][17] - The meeting will utilize a combination of on-site and online voting methods, with specific time slots for voting [19][20] - Shareholders must register to attend the meeting, with detailed procedures outlined for both individual and corporate shareholders [25][26][28] Group 3 - The company has decided to change the use of remaining raised funds amounting to RMB 211.13 million from the original project to permanently supplement working capital [37][43] - The original project was the "Red Luhai Railway Electrification Project," which has been completed and is now operational [40] - The decision to repurpose the funds aims to enhance cash flow and operational capacity, aligning with the company's strategic development [43][45]

（一）实际募集资金金额、资金到账时间 证券代码：600603 证券简称：广汇物流 公告编号：2025-082 广汇物流股份有限公司 关于变更募集资金用于永久补充流动资金的公告 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： 原项目名称：新疆红柳河至淖毛湖铁路无缝化、电气化改造和 配套项目（以下简称"红淖铁路电气化工程项目"） 广汇物流股份有限公司（以下简称"公司"）为提高募集资金使 用效率，进一步充盈公司现金流，增强公司运营能力，于 2025 年 11 月 21 日召开第十一届董事会 2025 年第九次会议，经审慎论证，以 7 票同意，0 票反对，0 票弃权，审议通过了《关于变更募集资金用于 永久补充流动资金的议案》，拟将剩余募集资金变更用于永久补充流 动资金。具体情况如下： 一、变更募集资金投资项目的概述 经中国证监会《关于核准大洲兴业控股股份有限公司重大资产重 组及向新疆广汇实业投资（集团）有限责任公司等发行股份购买资产 并募集配套资金的批复》（证监许可[2016]3162 号）核准，公司于 2017 年 ...

五矿证券有限公司 关于广汇物流股份有限公司变更募集资金用于永久补充流动资金 的专项核查报告 五矿证券有限公司(以下简称"五矿证券")作为广汇物流股份有限公司(以下简 称"广汇物流"或"公司"）重大资产置换及发行股份购买资产并募集配套资金暨关联 交易的持续督导机构,根据《中华人民共和国公司法》《上市公司监管指引第2号—— 上市公司募集资金管理和使用的监管要求》《上海证券交易所股票上市规则》《上海证 券交易所上市公司自律监管指引第1号——规范运作》《上海证券交易所上市公司自律 监管指引第11号—持续督导》等有关规定,对广汇物流变更募集资金用于永久补充流动 资金情况进行了专项核查,具体情况如下: 一、公司募集资金基本情况 (一) 实际募集资金金额、资金到账时间 经中国证券监督管理委员会（以下简称"中国证监会"）《关于核准大洲兴业控股 股份有限公司重大资产重组及向新疆广汇实业投资(集团)有限责任公司等发行股份购 买资产并募集配套资金的批复》（证监许可[2016]3162号）核准，广汇物流股份有限公 司（以下简称"公司"）于2017年4月非公开发行人民币普通股104,011,887股 (以下简 称"本次非公开发行"）, ...

证券代码:600603 证券简称:广汇物流 公告编号:2025-083 广汇物流股份有限公司 关于聘请 2025 年度审计机构及审计费用标准的公告 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： 拟聘任的会计师事务所名称：大信会计师事务所（特殊普通合 伙）（以下简称"大信会计师事务所"或"大信") 根据《国有企业、上市公司选聘会计师事务所管理办法》、《广 汇物流股份有限公司（以下简称"公司"）章程》，结合公司审计服 务需求，公司已履行选聘程序。根据选聘结果，公司拟聘任大信会计 师事务所为公司 2025 年度审计会计师事务所。本次聘任事项尚需提 交公司 2025 年第四次临时股东会审议。 一、拟聘任会计师事务所的基本情况 （一）机构信息 1.机构信息 大信成立于1985年，2012年3月转制为特殊普通合伙制事务所， 总部位于北京，注册地址为北京市海淀区知春路1号22层2206。大信 在全国设有33家分支机构，在香港设立了分所，并于2017年发起设立 了大信国际会计网络，目前拥有美国、加拿大、澳大利亚、德国、法 国 ...

证券代码：600603 证券简称：广汇物流 公告编号：2025-084 广汇物流股份有限公司 关于召开2025年第四次临时股东会的通知 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： 股东会召开日期：2025年12月9日 本次股东会采用的网络投票系统：上海证券交易所股东会网络 投票系统 一、召开会议的基本情况 (一)股东会类型和届次 2025年第四次临时股东会 (二)股东会召集人：董事会 (三)投票方式：本次股东会所采用的表决方式是现场投票和网络 投票相结合的方式 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 12 月 9 日 15 点 30 分 召开地点：新疆乌鲁木齐市天山区新华北路 165 号中信银行大厦 40 楼会议室 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 12 月 9 日 无 二、会议审议事项 本次股东会审议议案及投票股东类型 至2025 年 12 月 9 日 采用上海证券交易所网络投票系统，通 ...