Group 1 - The core point of the article is that the company, Wuzhou Zhongda (600704), has received approval from the China Securities Regulatory Commission to publicly issue corporate bonds to professional investors [1] - The total face value of the public issuance of corporate bonds with a maturity of more than one year will not exceed 6 billion yuan [1] - The balance of the public issuance of short-term corporate bonds will not exceed 6 billion yuan [1]

Core Viewpoint - The company, Wuchan Zhongda, is actively involved in the agricultural supply chain and is enhancing its logistics capabilities through technology, while also participating in various financial services and government initiatives aimed at promoting common prosperity. Group 1: Company Overview - Wuchan Zhongda is located 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 had 95,100 shareholders, with an average of 54,375 circulating shares per person, a decrease of 9.72% from the previous period [8] Group 2: Financial Performance - For the period from January to September 2025, Wuchan Zhongda reported revenue of 432.979 billion yuan, a year-on-year decrease of 2.03%, while net profit attributable to shareholders increased by 30.87% to 3.051 billion yuan [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] Group 3: Strategic Initiatives - 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 actively responding to national and local government policies, participating in major strategic projects, and contributing to the construction of the Zhejiang International Oil and Gas Trading Center [2] - The company holds a 33% stake in Xintai Life Insurance, indicating its strategic involvement in the financial services sector [2] Group 4: Market Activity - On November 28, the stock price of Wuchan Zhongda increased by 0.19%, with a trading volume of 187 million yuan and a turnover rate of 0.67%, bringing the total market capitalization to 27.873 billion yuan [1] - The stock's average trading cost is 5.71 yuan, with the current price near a support level of 5.38 yuan, indicating potential for a rebound if this level holds [6]

Group 1 - A total of 3735 stocks in the A-share market received financing purchases on November 27, with 325 stocks having purchase amounts exceeding 100 million yuan [1] - The top three stocks by financing purchase amount were Zhongji Xuchuang, Xinyi Sheng, and Shenghong Technology, with amounts of 4.428 billion yuan, 3.497 billion yuan, and 2.077 billion yuan respectively [1] - Four stocks had financing purchase amounts accounting for over 30% of the total transaction amount, with Jicheng Electronics, Tongling Shares, and Wuchan Zhongda leading at 35.54%, 31.53%, and 30.87% respectively [1] Group 2 - There were 24 stocks with net financing purchases exceeding 100 million yuan, with Shenghong Technology, Hanwujishi-U, and ZTE ranking the highest at 501 million yuan, 370 million yuan, and 286 million yuan respectively [1]

Core Viewpoint - The company plans to develop a dividend distribution scheme based on its operational and financial conditions, and any mid-term dividend proposal will be submitted for board and shareholder approval before public disclosure [2] Group 1 - The company responded to investor inquiries on November 27 regarding its dividend strategy [2] - The company emphasizes the importance of aligning the dividend plan with its business performance and financial health [2]

Core Viewpoint - Company emphasizes its commitment to risk management and control in the supply chain industry, highlighting its leadership in the smart supply chain integration services sector [2] Group 1: Company Overview - Company is recognized as a leader in the smart supply chain integration services in China, with a strong focus on the bulk commodity sector [2] - Company has established comprehensive risk control systems to manage business risks effectively [2] Group 2: Risk Management - Company is dedicated to enhancing and implementing risk prevention mechanisms, ensuring a closed-loop management process that covers pre-event, during-event, and post-event stages [2] - Company aims to further improve the effectiveness of its risk management practices by reinforcing full-process risk control across all employees [2]

Group 1 - The company, Wuchan Zhongda (600704), responded to investor inquiries on November 27, indicating that it adheres to the principle of fairness in information disclosure [1] - The company will disclose shareholder information at specific time points in its regular reports, including quarterly, semi-annual, and annual reports [1]

Group 1 - The company, Wuchan Zhongda (600704), announced on November 27 that its controlling shareholder will reduce its stake in the company based on its own development needs [1] - The reduction of shares is in accordance with the "Interim Measures for the Administration of Shareholders' Reduction of Shares of Listed Companies" Article 2, indicating compliance with relevant laws and regulations [1]

Core Viewpoint - The company, Wuchan Zhongda, is actively enhancing its logistics and supply chain capabilities through IoT technology, aiming to solidify its position as an industry leader while responding to national and local government policies [2][3]. Group 1: Company Overview - Wuchan Zhongda is based in Hangzhou, Zhejiang Province, and was established on December 31, 1992, with its stock 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 net profit attributable to shareholders was 3.05 billion yuan, reflecting a year-on-year increase of 30.87% [8]. Group 2: Strategic Initiatives - The company is constructing a smart supply chain logistics system, utilizing IoT technology to transmit terminal data to a big data center for real-time monitoring, thereby reducing costs and improving profit margins [2]. - Wuchan Zhongda is involved in the supply chain integration services for agricultural products such as corn and soybeans, and is actively participating in the construction of the Zhejiang International Oil and Gas Trading Center [3]. - The company has a strategic stake in Xintai Life Insurance, holding 33% of its shares, and continues to develop various financial services including leasing, futures, and asset management [3]. Group 3: Market Performance - On November 27, the stock price of Wuchan Zhongda increased by 0.37%, with a trading volume of 188 million yuan and a turnover rate of 0.67%, bringing the total market capitalization to 27.82 billion yuan [1]. - The stock has seen a slight net inflow of 2.77 million yuan from major investors today, with a total of 95,100 shareholders as of September 30, 2025, an increase of 11.14% from the previous period [4][8].

Group 1 - The company, Wuchan Zhongda, announced the issuance of the 12th phase of ultra-short-term financing bonds for the year 2025 on November 19, 2025 [2]

| 名称 | 物产中大集团股份有限 公司2025年度第十二期 超短融 | 简称 | 25 物产中大 SCP012 | | --- | --- | --- | --- | | 代码 | 012582822 | 期限 | 180 天 | | 起息日 | 2025 年 11 月 20 日 | 兑付日 | 2026 年 5 月 19 日 | | 计划发行总额 | 10 亿元 | 实际发行总额 | 10 亿元 | | 发行利率 | 1.57% | 发行价格 | 100.00 元/百元面值 | | 主承销商 | | 广发银行股份有限公司 | | | 联席主承销商 | | 杭州银行股份有限公司 | | 特此公告。 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。 公司于 2024 年 4 月 26 日召开十届十六次董事会，2024 年 5 月 21 日召开 2023 年年度股东大会，审议通过了《关于申请注册发行 2024-2026 年度债务融资工具 的议案》，同意公司向中国银行间市场交易商协会（以下简称"交易商协会"） 申请注册发行债务 ...