老凤祥股份有限公司董事会审计委员会 2024 年度履职情况报告 老凤祥股份有限公司董事会： 根据中国证监会《上市公司独立董事管理办法》、上海证券交易所有 关规定及《公司董事会审计委员会实施细则》，2024 年度老凤祥股份有限 公司（以下简称"公司"）第十一届董事会审计委员会本着勤勉尽责的原 则，认真履行职责。现将审计委员会 2024 年度履职情况报告如下： 一、公司董事会审计委员会 2024 年度以及 2024 年度报告审计、内控审 计及内部审计工作的会议召开情况 公司 2023 年度的财务审计及内控审计机构为众华会计师事务所（特殊 普通合伙）（以下简称："众华"）。2024 年内，根据财政部、国资委及 证监会联合印发的《国有企业、上市公司选聘会计师事务所管理办法》（财 会〔2023〕4 号）相关规定，经公司 2023 年年度股东大会审议通过，公司 聘任立信会计师事务所（特殊普通合伙）（以下简称："立信"）为公司 2024 年度财务审计及内部控制审计机构。 1、2024 年内审计委员会会议情况 2024 年度内，公司董事会审计委员会共计召开了 6 次专题会议，其中 针对 2023 年度年报审计、内控审计及内部 ...

1、项目合伙人：江强，1995 年成为注册会计师，2001 年开始从事上 市公司审计，2002 年开始在立信所执业，2024 年开始为本公司提供审计服 务；近三年签署 7 家上市公司审计报告,近三年复核 5 家上市公司审计报告。 2.签字注册会计师：徐峰，2014 年成为注册会计师，2011 年开始从事 1 / 4 老凤祥股份有限公司董事会审计委员会 对立信会计师事务所（特殊普通合伙）2024 年度 履行监督职责情况的报告 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 司治理准则》《国有企业、上市公司选聘会计师事务所管理办法》《上海 证券交易所上市公司自律监管指引第 1 号——规范运作》和老凤祥股份有 限公司（以下简称"公司"）的《公司章程》及《董事会审计委员会实施 细则》等规定和要求，董事会审计委员会本着勤勉尽责的原则，认真履职， 对立信会计师事务所（特殊普通合伙）（以下简称"立信所"）2024 年度 履职情况进行评估和监督，有关具体情况报告如下： 一、会计师事务所基本情况 （一）会计师事务所基本情况 立信所于 1927 年在上海创建，1986 年复办，2010 年成为全国首家完成 改制的特 ...

股票简称：老凤祥 股票代码：600612 编号：临 2025-012 老凤祥 B 900905 老凤祥股份有限公司 关于 2024 年度计提信用减值损失和资产减值损失的公告 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。 老凤祥股份有限公司（以下简称"公司"）于 2025 年 4 月 28 日召开第十一 届董事会第十五次会议和第十一届监事会第十五次会议，会议审议通过了《关于 2024 年度计提信用减值损失和资产减值损失的议案》，具体情况公告如下： 一、计提信用减值损失和资产减值损失情况概述 根据《企业会计准则》和公司会计政策等相关规定，为更加真实、准确和公 允地反映公司截至 2024 年 12 月 31 日的财务状况、资产价值及经营成果，基于 谨慎性原则，公司对合并范围内截至 2024 年 12 月 31 日的各类资产进行减值测 试，判断存在可能发生减值的迹象，确定需计提的减值准备。 二、本次计提、核销、转回各项减值准备的具体情况 公司 2024 年初各项减值准备余额合计为 20,873.63 万元，2024 年末各项减 ...

根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要求（以下简称企业内部 控制规范体系），结合本公司（以下简称公司）内部控制制度和评价办法，在内部控制日常监督和专项 监督的基础上，我们对公司2024年12月31日（内部控制评价报告基准日）的内部控制有效性进行了评价。 一. 重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其有效性，并如实披露内 部控制评价报告是公司董事会的责任。监事会对董事会建立和实施内部控制进行监督。经理层负责组织 领导企业内部控制的日常运行。公司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存 在任何虚假记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个别及连带法 律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及相关信息真实完整，提 高经营效率和效果，促进实现发展战略。由于内部控制存在的固有局限性，故仅能为实现上述目标提供 合理保证。此外，由于情况的变化可能导致内部控制变得不恰当，或对控制政策和程序遵循的程度降低， 根据内部控制评价结果推测未来内部控制的有效性具有一定的风险。 公司代码：600 ...

老凤祥股份有限公司董事会 关于独立董事独立性情况的专项意见 根据中国证监会《上市公司独立董事管理办法》《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》的要求， 老凤祥股份有限公司（以下简称"公司"）董事会，就公司在任 3 位独立董事 马民良、张其秀、俞铁成的独立性情况进行评估并出具如下专项意见。 公司独立董事马民良、张其秀、俞铁成根据《上市公司独立董事管理办法》 的规定对自身的独立性情况进行了自查，并将自查情况以及签署的相关自查文 件提交了董事会。经核查，马民良、张其秀、俞铁成 3 位独立董事及其配偶、 父母、子女、主要社会关系情况如下 ： 1.没有在公司或公司附属企业任职； 2.未直接或者间接持有公司已发行股份 1%以上，不是公司前 10 名股东； 3.未直接或者间接持有公司已发行股份 5%，未在公司前五名股东单位任职； 4.马民良、张其秀 2 位独立董事未在公司控股股东、实际控制人的附属企 业任职；俞铁成独立董事在公司控股股东上海市黄浦区国有资产监督管理委员 会控股的上海淮海商业(集团)有限公司担任董事，根据《上市公司独立董事管 理办法》有关规定，不影响俞铁成独 ...

老凤祥股份有限公司 关于对立信会计师事务所（特殊普通合伙）2024 年 度履职情况评估报告 2024 年度，老凤祥股份有限公司（以下简称"公司"）聘请立信会计 师事务所（特殊普通合伙）（以下简称"立信所"）作为公司 2024 年度财 务及内部控制审计机构。根据财政部、国资委及证监会颁布的《国有企业、 上市公司选聘会计师事务所管理办法》，公司对立信所 2024 年审计过程中 的履职情况进行评估。经评估，公司认为立信所资质等方面合规有效，履 职能够保持独立性，勤勉尽责，公允表达意见。具体情况如下： 一、资质条件 （一）会计师事务所基本情况 立信所于 1927 年在上海创建，1986 年复办，2010 年成为全国首家完成 改制的特殊普通合伙制会计师事务所，注册地址为上海市，首席合伙人为 朱建弟先生。立信所是国际会计网络 BDO 的成员所，长期从事证券服务业 务，新证券法实施前具有证券、期货业务许可证，具有 H 股审计资格，并 已向美国公众公司会计监督委员会（PCAOB）注册登记。 截至 2024 年末，立信拥有合伙人 296 名、注册会计师 2,498 名、从业 人员总数 10,021 名，签署过证券服务业务审计报 ...

Financial Performance - The company's operating revenue for Q1 2025 was CNY 17,521,314,390.34, a decrease of 31.64% compared to CNY 25,629,817,893.74 in the same period last year[5] - Net profit attributable to shareholders was CNY 613,046,259.08, down 23.55% from CNY 801,894,481.24 year-on-year[5] - Basic earnings per share decreased to CNY 1.1719, a decline of 23.55% compared to CNY 1.5329 in the previous year[6] - Total revenue for Q1 2025 was CNY 17.52 billion, a decrease of 31.6% compared to CNY 25.63 billion in Q1 2024[20] - Net profit for Q1 2025 was CNY 804.38 million, a decline of 23.6% from CNY 1.05 billion in Q1 2024[20] Assets and Liabilities - The company's total assets increased by 28.81% to CNY 29,280,356,584.70 from CNY 22,731,142,401.49 at the end of the previous year[6] - Total assets increased to CNY 29.28 billion in 2025 from CNY 22.73 billion in 2024, representing a growth of 28.8%[17] - Total liabilities rose to CNY 13.72 billion in 2025, up from CNY 7.98 billion in 2024, indicating a 72.5% increase[17] - Non-current assets totaled CNY 1.29 billion in 2025, compared to CNY 1.22 billion in 2024, marking a growth of 6.0%[17] Cash Flow - Cash flow from operating activities was CNY 3,548,291,665.79, a decrease of 13.06% from CNY 4,081,339,876.11 in the same period last year[5] - In Q1 2025, the net cash flow from operating activities was CNY 3,548,291,665.79, a decrease of 13.04% compared to CNY 4,081,339,876.11 in Q1 2024[23] - Total cash inflow from operating activities in Q1 2025 was CNY 18,763,161,782.61, down from CNY 27,363,963,176.12 in Q1 2024, reflecting a decline of 31.66%[23] - Cash outflow from operating activities in Q1 2025 was CNY 15,214,870,116.82, compared to CNY 23,282,623,300.01 in Q1 2024, indicating a decrease of 34.61%[23] - The net cash flow from investing activities was -CNY 64,153,096.06 in Q1 2025, an improvement from -CNY 147,053,672.65 in Q1 2024[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 42,254[11] - The largest shareholder, Shanghai Huangpu District State-owned Assets Supervision and Administration Commission, holds 42.09% of the shares, totaling 220,171,793 shares[11] Expenses and Costs - The company experienced a 32.15% decrease in operating costs, amounting to a reduction of CNY 7,550,403,175.36, in line with the decrease in operating revenue[8] - The company's sales expenses decreased by 33.48%, amounting to a reduction of ¥107,395,855.81 compared to the same period last year[9] - Research and development expenses fell by 40.28%, with a decrease of ¥3,816,212.16 attributed to reduced spending by a subsidiary[9] Other Financial Metrics - The weighted average return on equity decreased by 1.91 percentage points to 4.79% from 6.70%[6] - The company reported a net loss from non-operating income of CNY 30,611,595.13, influenced by various non-recurring items[7] - Credit impairment losses decreased by 56.76%, resulting in a reduction of ¥35,803,535.34 compared to the previous year[9] - Asset disposal income saw a significant decline of 99.13%, with a decrease of ¥4,341,158.04 due to reduced relocation income from a subsidiary[9] - The fair value change income increased by 218.25%, with an increase of ¥26,301,229.67, primarily due to gains from financial liabilities[9] Future Strategy - The company plans to focus on new product development and market expansion as part of its future strategy[20]

Financial Performance - The company's operating revenue for 2024 was CNY 56,792,876,456.39, a decrease of 20.50% compared to CNY 71,435,641,416.14 in 2023[21] - The net profit attributable to shareholders for 2024 was CNY 1,949,801,688.80, down 11.95% from CNY 2,214,395,285.15 in 2023[21] - The total profit for 2024 was 3.418 billion yuan, down 14.10% year-on-year[41] - The basic earnings per share for 2024 were CNY 3.7273, reflecting a decrease of 11.95% compared to CNY 4.2331 in 2023[22] - The weighted average return on equity for 2024 was 16.20%, down 4.33 percentage points from 20.53% in 2023[22] - The net cash flow from operating activities decreased by 59.25% to CNY 2,938,650,017.71 from CNY 7,211,579,960.46 in the previous year[21] - The company's net cash flow from operating activities in Q1 2024 was CNY 4.08 billion, indicating strong cash generation capabilities[24] - The total assets at the end of 2024 were CNY 22,731,142,401.49, a decline of 6.59% from CNY 24,333,847,842.95 in 2023[21] Market and Sales - The total gold consumption in China for 2024 was 985.31 tons, a decrease of 9.58% compared to 2023, with gold jewelry consumption dropping by 24.69%[32] - Domestic sales accounted for ¥56,010,602,322.21, reflecting a decrease of 20.80% year-on-year[56] - The retail sales of gold and jewelry in China decreased by 3.1% year-on-year, with total gold consumption down 9.58% compared to the previous year[77] - The core jewelry segment, represented by the "Lao Feng Xiang" brand, accounted for 99.36% of the company's total revenue in 2024[33] - The company reduced its marketing network by 156 outlets in 2024, ending the year with 5,838 marketing points, including 16 overseas[35] Product Development and Innovation - The company upgraded its product processing technology and expanded its CNC workshop, improving product precision and completing the design and development of over 1,000 new products[42] - The company launched several new product themes, including "Treasure Gold" and "Baroque Garden," with a focus on original design and innovation, resulting in 186 patent applications and 34 invention patents by the end of 2024[44] - The company is advancing smart manufacturing initiatives, with six factories piloting cloud intelligent manufacturing projects to enhance operational efficiency[42] - The company aims to enhance product quality and added value through continuous innovation in processing technology[42] Governance and Compliance - The company has implemented a comprehensive managerial reform, achieving full coverage of the professional manager system across 37 subsidiaries and 3 independent accounting departments by the end of 2024[41] - The company focused on enhancing compliance and governance structures, establishing a compliance management committee and revising internal regulations to align with new legal requirements[48] - The governance structure is aligned with the requirements of the Company Law and regulations from the China Securities Regulatory Commission[100] - The company has not faced any penalties from securities regulatory authorities in the past three years[116] Environmental and Social Responsibility - The company is committed to ecological and environmental protection, reducing energy consumption and hazardous materials usage[42] - The company invested 158.438 million yuan in environmental protection during the reporting period[146] - The company reduced carbon emissions by 8,458.63 tons through various measures, including the adoption of new equipment and technologies[148] - The company donated a total of 50.53 million yuan for public welfare projects, including 50 million yuan for military support and 0.53 million yuan for educational supplies[152] Talent Management - The company has implemented various channels for talent development, including cross-appointment and project-based roles, to foster a supportive environment for young talent[96] - The company plans to enhance the talent pool by implementing the "Talent Strong Enterprise" strategy and the "Fengxiang Plan" for young talent development in 2025[96] - The company has established performance assessment and profit-sharing mechanisms to enhance employee motivation and engagement[96] - The company has a total of 70 research and development personnel, reflecting its commitment to innovation[128] Shareholder and Dividend Information - The company plans to distribute a dividend of CNY 1.72 per share, totaling CNY 899,762,554.08 based on a total share capital of 523,117,764 shares[6] - The company implemented a cash dividend policy, distributing a cash dividend of CNY 1.95 per share for the year 2023, totaling CNY 1,020,079,639.80 (including tax) based on a total share capital of 523,117,764 shares[132] - For the year 2024, the proposed cash dividend is CNY 1.72 per share, amounting to CNY 899,762,554.08 (including tax), which represents 46.15% of the net profit attributable to shareholders[133] Audit and Financial Reporting - The audit report confirms that the financial statements fairly represent the company's financial position as of December 31, 2024[186] - The company has complied with all relevant accounting standards, ensuring transparency and accuracy in financial reporting[187] - No significant audit issues were identified, indicating a clean audit opinion for the financial year[188] - The company has implemented various audit procedures to ensure the accuracy of revenue recognition and inventory valuation[190] Future Outlook and Strategic Initiatives - The company aims for a total revenue of 49 billion CNY and a net profit of 1.47 billion CNY for 2025[88] - The company plans to optimize its market layout, focusing on increasing market share in key regions such as Guangdong-Hong Kong-Macau and Northeast China[89] - The company is committed to digital transformation to improve operational efficiency and resource integration[94] - The company has outlined its future outlook, emphasizing a commitment to market expansion and innovation[108]

股票简称：老凤祥 股票代码：600612 编号：临 2025-011 老凤祥 B 900905 老凤祥股份有限公司 第十一届监事会第十五次会议决议公告 本公司监事会及全体监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。 老凤祥股份有限公司（以下简称"公司"）第十一届监事会于 2025 年 4 月 28 日召开了第十五次会议。出席会议的监事应到 3 名，实到 3 名。会议由监事 会副主席陈漪主持，本次会议符合《公司法》及《公司章程》的规定。与会监事 审议并一致通过以下议案： 一、《公司 2024 年度监事会工作报告》 表决情况：3 票同意、0 票反对、0 票弃权通过了该议案。 该议案需提请 2024 年年度股东大会审议批准。 二、《公司 2024 年年度报告正文及摘要》 监事会认为：本次计提、核销、转回各项减值准备符合相关法律法规及会计 政策的规定，能够准确反映公司财务信息。同意《关于 2024 年度计提信用减值 损失和资产减值损失的议案》。 详细内容请参考同日登载在上海证券交易所网站（www.sse.com.cn）及指定 信息披露媒体上的《 ...

股票简称：老凤祥 股票代码：600612 编号：临 2025-010 老凤祥 B 900905 老凤祥股份有限公司 第十一届董事会第十五次会议决议公告 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个别及连带责任。 老凤祥股份有限公司（以下简称"公司"）于 2025 年 4 月 18 日向全体董事 发出书面会议通知，并在 2025 年 4 月 28 日如期召开了第十一届董事会第十五次 会议。出席会议的非独立董事和独立董事应到 9 名，实到 9 名（其中独立董事应 到 3 名，实到 3 名）。会议由杨奕董事长主持，公司监事及高管列席会议。本次 会议的召开及程序符合《公司法》及《公司章程》的规定。会议审议并通过了以 下议案： 一、《公司 2024 年度董事会工作报告》 表决情况：9 票同意、0 票反对、0 票弃权通过了该议案。 该议案需提请 2024 年年度股东大会审议批准。 二、《公司 2024 年年度报告正文及摘要》 表决情况：9 票同意、0 票反对、0 票弃权通过了该议案。 本议案经董事会审计委员会审议通过，并同意提交公司董事会审议。 ...