证券代码：600653 证券简称：申华控股 公告编号：2026-02 号 辽宁申华控股股份有限公司 关于参与设立产业投资基金暨关联交易的进展公告 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个别及连带责任。 一、合作投资基本概述情况 辽宁申华控股股份有限公司（以下简称"公司"）于 2025 年 9 月 1 日召开第十 三届董事会第四次会议，审议通过《关于参与投资设立产业投资基金暨关联交易的 议案》，为把握汽车产业链向电动化、智能化、低碳化发展的市场机遇，加快推进公 司在先进制造和科技领域的产业布局，公司与广东省粤科母基金投资管理有限公司、 沈汽新致（沈阳）企业管理有限公司、宝马（中国）投资有限公司、金杯汽车股份 有限公司、沈汽晟驭（沈阳）企业管理有限公司、辽宁粤科科创发展合伙企业（有 限合伙）共同投资设立沈阳汽车产业投资基金合伙企业（有限合伙）（以下简称"基 金"）。具体详见公司于 2025 年 9 月 3 日披露的《关于参与投资设立产业投资基金暨 关联交易的公告》。（编号：临 2025-30 号公告） 二、本次对外投资进展情况 20 ...

Market Overview - The automotive service sector experienced a decline of 1.73% on February 2, with 德众汽车 leading the drop [1] - The Shanghai Composite Index closed at 4015.75, down 2.48%, while the Shenzhen Component Index closed at 13824.35, down 2.69% [1] Stock Performance - Notable stock performances included 阿尔特, which rose by 3.60% to a closing price of 10.06, with a trading volume of 215,400 shares and a transaction value of 217 million [1] - 德众汽车 fell by 3.26% to a closing price of 6.53, with a trading volume of 26,700 shares and a transaction value of 17.72 million [2] - Other significant declines included 中国汽研, down 2.96% to 18.39, and 国机汽车, down 2.42% to 6.45 [2] Capital Flow - The automotive service sector saw a net inflow of 11.33 million from institutional investors, while retail investors experienced a net outflow of 40.06 million [2] - The sector's overall capital flow indicated that retail investors were withdrawing funds, contrasting with the inflow from institutional and speculative investors [3] Individual Stock Capital Flow - 阿尔特 had a net outflow of 35.82 million from institutional investors, while speculative investors contributed a net inflow of 6.11 million [3] - 德众汽车 faced a significant net outflow of 1.63 million from institutional investors, indicating weak institutional interest [3] - 中国汽研 saw a net inflow of 1.87 million from institutional investors, suggesting a relatively stable interest from this segment [3]

Core Viewpoint - The automotive service sector experienced a decline of 3.0% on January 26, with Xiamen Xinda leading the drop [1] Group 1: Market Performance - The Shanghai Composite Index closed at 4132.61, down 0.09% [1] - The Shenzhen Component Index closed at 14316.64, down 0.85% [1] - Key stocks in the automotive service sector showed significant declines, with Xiamen Xinda down 7.27% to 6.38 [1] Group 2: Stock Performance - Xiamen Xinda (000701) had a closing price of 6.38, with a trading volume of 557,400 shares and a turnover of 363 million [1] - Other notable declines included: - Jiao Yun Co. (600676) down 6.40% to 61.8 with a turnover of 476 million [1] - Alte (300825) down 3.36% to 10.37 with a turnover of 136 million [1] - Shanghai Wumao (600822) down 3.19% to 11.53 with a turnover of 136 million [1] Group 3: Capital Flow - The automotive service sector saw a net outflow of 156 million from main funds, while retail investors contributed a net inflow of 119 million [1] - The detailed capital flow for selected stocks showed: - China Automotive Research (601965) had a main fund net inflow of 10.39 million [2] - Xiamen Xinda (000701) experienced a main fund net outflow of 43.40 million [2] - Shanghai Wumao (600822) had a significant main fund net outflow of 19.35 million [2]

Core Viewpoint - Shinhua Holdings (600653) expects a significant loss for the fiscal year 2025, projecting a loss between 1.1 billion to 1.85 billion yuan, with a net profit attributable to shareholders, excluding non-recurring gains and losses, expected to be a loss between 1.2 billion to 1.95 billion yuan [1] Group 1: Financial Performance - The primary reasons for the anticipated loss include intensified competition in the automotive market, significant adjustments in the macroeconomic environment and financial policies, leading to escalated price competition among brands [1] - The company has faced dual pressures from the market and the original equipment manufacturer (OEM) as a BMW dealer [1] - Non-operating income for the period is approximately 9 million yuan, a decrease compared to the same period last year, primarily due to the absence of previous gains from the transfer of Jinbei Technician College and repayments from Brilliance Group and Renault Jinbei [1] Group 2: Business Segments - Shinhua Holdings operates in four main business segments: automotive consumer services, new energy, real estate, and financial services [1] - The company has reported a continuous decline in net profit excluding non-recurring items for three consecutive years, with figures of -1.71 billion yuan, -2.44 billion yuan, and -1.32 billion yuan for the years 2022 to 2024 respectively [1] Group 3: Market Position - As of January 23, the stock price of Shinhua Holdings is 2.00 yuan per share, with a total market capitalization of 38.93 billion yuan [2]

Core Viewpoint - Shenhua Holdings announced an expected net profit attributable to shareholders for the year 2025 to be between -185 million and -110 million yuan, indicating a significant projected loss [1] Financial Performance - The net profit attributable to shareholders, excluding non-recurring gains and losses, is expected to range from -195 million to -120 million yuan for the same period [1]

Core Viewpoint - Shinhua Holdings (600653) anticipates a loss for the fiscal year 2025, projecting a net profit attributable to shareholders between -185 million and -110 million yuan, with a significant decline from the previous year's profit of 38.6 million yuan [1] Group 1: Financial Performance - The expected net profit excluding non-operating gains is projected to be between -195 million and -120 million yuan, compared to a loss of 132 million yuan in the same period last year [1] - For the first three quarters of 2025, the company reported total assets of 2.879 billion yuan, net assets of 731 million yuan, and operating revenue of 3.230 billion yuan, with a net loss of 89.1 million yuan attributable to shareholders [2] Group 2: Business Challenges - The primary reasons for the anticipated loss include intensified competition in the automotive market, macroeconomic factors, and significant adjustments in financial policies, leading to escalating price competition among brands [1] - As a BMW brand dealer, the company faces dual pressures from the market and manufacturers, prompting it to adopt strategies to stabilize market share and enhance service quality [1] Group 3: Non-Operating Gains - The company recorded approximately 9 million yuan in non-operating income for the current period, a decrease from the previous year due to the absence of one-time gains from asset transfers and repayments [2] Group 4: Strategic Initiatives - The company is focused on cleaning up unprofitable operations, reducing operational costs, and optimizing its balance sheet to alleviate business burdens [2] - Shinhua Holdings is actively seeking partnerships with promising industries and investing in stable, profitable targets aligned with the "14th Five-Year Plan" to facilitate transformation and growth [2] - The company is closely monitoring trends in the electric vehicle market and plans to leverage its existing BMW dealership network for future collaborations [3]

Core Viewpoint - Shenhua Holdings (600653.SH) is expected to report a loss in operating performance for the fiscal year 2025, with net profit attributable to shareholders projected to be between -185 million and -110 million yuan, and net profit excluding non-recurring gains and losses estimated between -195 million and -120 million yuan [1] Company Summary - The company faces intensified competition in the automotive market, influenced by macroeconomic conditions and significant adjustments in financial policies, leading to ongoing price competition among brands [1] - As a dealer for the BMW brand, the company is under dual pressure from the market and the original equipment manufacturers (OEMs) [1] - The company is actively implementing strategies to respond to these challenges, including managing sales pace, enhancing service quality, and expanding sales channels to capture market share and stabilize its customer base [1] - After excluding the impacts of significant financial policy adjustments, the operational quality of the company's main business segment has shown improvement [1]

Core Viewpoint - Shenhua Holdings (600653) is expected to report a net profit loss of 110 million to 185 million yuan for the fiscal year 2025, marking a shift from profit to loss year-on-year due to intensified competition in the automotive market and significant adjustments in macroeconomic and financial policies [1] Company Summary - The anticipated net profit loss for Shenhua Holdings is attributed to increased competitive pressure in the automotive market [1] - The company faces ongoing price competition among brands, which is further exacerbated by the transmission of price reduction pressures from vehicle manufacturers to the upstream and downstream supply chain [1] Industry Summary - The automotive industry is experiencing heightened competition, leading to a challenging environment for companies [1] - Macro environment factors and major financial policy adjustments are impacting the overall industry dynamics [1]

2025年1月1日至2025年12月31日。 （二）业绩预告情况 1、经财务部门初步测算，预计2025年度经营业绩将出现亏损，实现归属于上市公司 股东的净利润在-18,500万元至-11,000万元之间。 2、预计归属于上市公司股东扣除非经常性损益后的净利润在-19,500万元至-12,000万元 之间。 证券代码：600653 证券简称：申华控股 编号：临 2026—01 号 辽宁申华控股股份有限公司 2025 年度业绩预告 本公司董事会及全体董事保证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 一、本期业绩预告情况 （一）业绩预告期间 （二）每股收益：0.02元。 - 1 - 3、本次业绩预告未经注册会计师审计。 二、上年同期业绩情况 （一）归属于上市公司股东的净利润：3,859.88万元。 归属于上市公司股东的扣除非经常性损益的净利润：-13,226.42万元。 1、 本期业绩预告适用于净利润为负值的情形。 2、 公司预计2025年度业绩将亏损，预计归属于上市公司股东的净利润在-18,500万元至 -11,000万元之间，归属 ...

Group 1 - The company Shenhwa Holdings expects to report a net loss attributable to shareholders between -185 million and -110 million yuan for the fiscal year 2025 [1] - The primary reason for the performance change is the impact of the main business, with intensified competition in the automotive market and significant adjustments in financial policies contributing to the situation [1] - As a dealer for the BMW brand, the company faces dual pressures from the market and the original equipment manufacturers (OEMs), leading to a continuous escalation of price competition [1] Group 2 - The company is actively implementing strategies to respond to these challenges, including managing the pace of operations, enhancing service quality, and expanding sales channels to capture market share and stabilize its customer base [1] - After excluding the impacts of significant financial policy adjustments, the operational quality of the company's main business segment has improved during the reporting period [1]