股票代码：600704 股票简称：物产中大 编号：2025-074 物产中大集团股份有限公司 关于控股子公司诉讼事项的进展公告 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。 重要内容提示： 是否会对上市公司损益产生负面影响：本次执行结果预计不会对公司本 期利润或期后利润产生重大影响。 近日，物产中大集团股份有限公司（以下简称"公司"）控股子公司浙江物 产元通典当有限责任公司（以下简称"元通典当"）收到浙江省杭州市中级人民 法院（以下简称"杭州中院"）送达的执行裁定书，现将有关情况公告如下： 一、本次诉讼基本情况 2017 年 7 月，元通典当对宁波乐源盛世投资管理有限公司（以下简称"宁 波乐源"）、乐源财富管理有限公司、商赢控股集团有限公司、百世通利（上海） 磁能源有限公司、陈永贵、日照义聚股权投资中心（有限合伙）、上海乐源网络 科技有限公司等被告就典当借款纠纷向浙江省杭州市中级人民法院（以下简称 "杭州中院"）提起诉讼并申请财产保全，2021 年 6 月法院作出一审判决，要 求宁波乐源支付当金本金 2 亿元及有关息费 ...

Core Insights - The article discusses the evolution of commodity trading companies in China, highlighting their transition from mere trading entities to comprehensive service providers that integrate risk management and financial tools into their operations [1][2][12] Group 1: Regional Characteristics of Commodity Trading - Xiamen, Hangzhou, and Shanghai are identified as the three major hubs for commodity trading in China, each with distinct advantages: Xiamen benefits from its port facilities, Hangzhou has a concentration of futures institutions, and Shanghai serves as a financial center [1] - The shift towards integrated service models is driven by the increasing sophistication of the real economy in utilizing derivative tools [1] Group 2: Role of Futures and Options - The emergence of futures and options has transformed the relationship between upstream and downstream companies from adversarial price negotiations to collaborative partnerships [1] - The PTA futures market exemplifies high integration between futures and spot prices, maintaining a correlation above 0.9 [3] Group 3: Industry Service Providers - Companies like 嘉悦物产 (Jiayue Commodity) and 热联集团 (Reunion Group) are leading the way in providing integrated services that include risk management and price stabilization for clients [4][5] - 嘉悦物产 focuses on connecting upstream producers with downstream manufacturers, offering competitive pricing and comprehensive risk management solutions [4] Group 4: Risk Management Practices - The article emphasizes the importance of risk management in the current market environment, where companies must adapt to price volatility and optimize their operations [6][11] - 嘉悦物产 and other service providers are shifting from traditional trading roles to becoming external CFOs and risk management departments for their clients [8][10] Group 5: Market Evolution and Future Directions - The industry is moving from a "trade 1.0" model, which was primarily about buying low and selling high, to a "service 3.0" model that emphasizes tailored solutions and deep partnerships with clients [10][12] - The increasing complexity of market dynamics necessitates a comprehensive approach that integrates logistics, finance, and technology to provide end-to-end solutions for clients [10][12]

Core Viewpoint - The company, Wuchan Zhongda, is actively involved in the agricultural supply chain and is enhancing its logistics capabilities through technology, aiming to solidify its position as an industry leader while responding to national and local government policies [2][7]. Group 1: Company Overview - Wuchan Zhongda is headquartered in Hangzhou, Zhejiang Province, and was established on December 31, 1992, with its shares listed on June 6, 1996 [7]. - The company's main business includes modern supply chain integration services for bulk commodities, automotive sales and services, real estate, and financial services, with supply chain integration services accounting for 92.05% of its revenue [7]. - As of September 30, 2025, the company reported a revenue of 432.98 billion yuan, a year-on-year decrease of 2.03%, while the net profit attributable to shareholders was 3.05 billion yuan, reflecting a year-on-year increase of 30.87% [8]. Group 2: Business Strategy and Developments - The company is constructing a smart supply chain logistics system using IoT technology to enhance data transmission and monitoring, thereby reducing costs and improving profit margins [2]. - Wuchan Zhongda is strategically participating in major national and provincial projects, including the construction of the Zhejiang International Oil and Gas Trading Center, while leveraging its strengths in smart supply chain services and elderly care [2]. - The company holds a 33% stake in Xintai Life Insurance, indicating its strategic involvement in the financial services sector [2]. Group 3: Market Performance and Shareholder Information - On December 5, the stock price of Wuchan Zhongda increased by 0.92%, with a trading volume of 208 million yuan and a turnover rate of 0.74%, leading to a total market capitalization of 28.493 billion yuan [1]. - As of September 30, 2025, the number of shareholders increased to 95,100, with an average of 54,375 shares held per person, a decrease of 9.72% from the previous period [8]. - The company has distributed a total of 10.82 billion yuan in dividends since its A-share listing, with 2.955 billion yuan distributed over the past three years [9].

Core Points - The company Wuchan Zhongda (600704) has received approval from the China Securities Regulatory Commission (CSRC) for the public issuance of corporate bonds to professional investors, with a total face value not exceeding 6 billion yuan for bonds with a maturity of one year or more, and a balance of short-term bonds also not exceeding 6 billion yuan [1][2] Group 1 - As of December 2, 2025, Wuchan Zhongda's stock closed at 5.48 yuan, up 0.55% from the previous trading day, with a total market capitalization of 28.338 billion yuan [1] - The stock opened at 5.45 yuan, reached a high of 5.5 yuan, and a low of 5.42 yuan, with a trading volume of 204 million yuan and a turnover rate of 0.72% [1] Group 2 - The approval for the bond issuance is valid for 24 months from the date of registration approval, allowing the company to issue bonds in tranches within this period [1] - The company is required to report any significant events promptly and handle them according to regulations [1]

股票代码：600704 股票简称：物产中大 编号：2025-073 物产中大关于面向专业投资者公开发行公司债券 注册获得中国证监会核准批复的公告 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。 物产中大集团股份有限公司（以下简称"公司"）于近日收到中国证券监督管理委员会出具的《关于同意 物产中大集团股份有限公司向专业投资者公开发行公司债券注册的批复》（证监许可〔2025〕2596 号），批复内容如下： 一、同意公司向专业投资者公开发行公司债券的注册申请。其中，本次公开发行一年期以上公司债券面 值总额不超过60亿元，本次公开发行短期公司债券面值余额不超过60亿元。 登录新浪财经APP 搜索【信披】查看更多考评等级 二、本次发行公司债券应严格按照报送上海证券交易所的募集说明书进行。 三、本批复自同意注册之日起24个月内有效，公司在注册有效期内可以分期发行公司债券。 四、自同意注册之日起至本次公司债券发行结束前，公司如发生重大事项，应及时报告并按有关规定处 理。 公司将按照有关法律法规和上述核准文件的要求，在公司股东大会的授权 ...

Core Viewpoint - The company has received approval from the China Securities Regulatory Commission to publicly issue corporate bonds to professional investors, with a total face value not exceeding 6 billion yuan for both long-term and short-term bonds [1] Group 1 - The company is authorized to issue corporate bonds with a total face value of up to 6 billion yuan for bonds with a maturity of more than one year [1] - The company can also issue short-term corporate bonds with a remaining face value of up to 6 billion yuan [1]

Core Viewpoint - The company, Wuchan Zhongda Group Co., Ltd., has received approval from the China Securities Regulatory Commission to publicly issue corporate bonds to professional investors, with a total face value not exceeding 6 billion yuan for both long-term and short-term bonds [1] Group 1 - The company has been granted permission to issue corporate bonds with a total face value of up to 6 billion yuan for bonds with a maturity of more than one year [1] - The company is also allowed to issue short-term corporate bonds with a remaining face value of up to 6 billion yuan [1]

Core Viewpoint - The company has received approval from the China Securities Regulatory Commission to publicly issue corporate bonds to professional investors, with a total face value not exceeding 6 billion yuan for both long-term and short-term bonds [1] Group 1 - The company is authorized to issue corporate bonds with a total face value of up to 6 billion yuan for bonds with a maturity of more than one year [1] - The company can also issue short-term corporate bonds with a remaining face value of up to 6 billion yuan [1] - The issuance of corporate bonds must strictly follow the prospectus submitted to the Shanghai Stock Exchange [1] Group 2 - The approval for the bond issuance is valid for 24 months from the date of registration [1] - The company is allowed to issue the corporate bonds in multiple tranches within the validity period [1]

Core Viewpoint - The company has received approval from the China Securities Regulatory Commission to publicly issue corporate bonds to professional investors, with a total face value not exceeding 6 billion yuan for both long-term and short-term bonds [1] Group 1 - The company is authorized to issue corporate bonds with a total face value of up to 6 billion yuan for bonds with a maturity of more than one year [1] - The company can also issue short-term corporate bonds with a remaining face value of up to 6 billion yuan [1] - The approval is valid for 24 months from the date of registration, allowing the company to issue bonds in multiple tranches during this period [1]

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。 物产中大集团股份有限公司（以下简称"公司"）于近日收到中国证券监督 管理委员会出具的《关于同意物产中大集团股份有限公司向专业投资者公开发行 公司债券注册的批复》（证监许可〔2025〕2596 号），批复内容如下： 一、同意公司向专业投资者公开发行公司债券的注册申请。其中，本次公开 发行一年期以上公司债券面值总额不超过 60 亿元，本次公开发行短期公司债券 面值余额不超过 60 亿元。 股票代码：600704 股票简称：物产中大 编号：2025-073 物产中大关于面向专业投资者公开发行公司债券 注册获得中国证监会核准批复的公告 特此公告。 物产中大集团股份有限公司董事会 2025 年 12 月 2 日 二、本次发行公司债券应严格按照报送上海证券交易所的募集说明书进行。 三、本批复自同意注册之日起 24 个月内有效，公司在注册有效期内可以分 期发行公司债券。 四、自同意注册之日起至本次公司债券发行结束前，公司如发生重大事项， 应及时报告并按有关规定处理。 公司将按照有关法律法 ...