据证券之星公开数据整理，近期春兰股份（600854）发布2025年中报。根据财报显示，春兰股份增收不 增利。截至本报告期末，公司营业总收入4702.64万元，同比上升6.02%，归母净利润1.19亿元，同比下 降1.05%。按单季度数据看，第二季度营业总收入2884.44万元，同比上升13.43%，第二季度归母净利润 1.16亿元，同比下降2.94%。 本次财报公布的各项数据指标表现一般。其中，毛利率26.61%，同比减25.13%，净利率252.82%，同比 减7.19%，销售费用、管理费用、财务费用总计417.18万元，三费占营收比8.87%，同比增16438.33%， 每股净资产4.67元，同比增3.09%，每股经营性现金流0.02元，同比减25.3%，每股收益0.23元，同比减 1.04% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 4435.8万 | 4702.64万 | 6.02% | | 归母净利润(元) | 1.2亿 | 1.19亿 | -1.05% | | 扣非净利润(元) | 1.19亿 ...

Core Viewpoint - Chunan Co., Ltd. has reported an increase in shareholder accounts and a rise in stock price over the recent quarter, although it still lags behind industry averages in terms of shareholder metrics [1][2]. Group 1: Shareholder Metrics - As of June 30, 2025, the number of shareholders for Chunan Co., Ltd. reached 28,848, an increase of 556 accounts or 1.97% compared to March 31, 2025 [1][2]. - The average number of shares held per shareholder decreased from 18,400 shares to 18,000 shares, with an average market value of 93,600 yuan per account [1][2]. - The average number of shareholders in the real estate development industry is 62,100, indicating that Chunan Co., Ltd. has a lower shareholder count compared to the industry average [1]. Group 2: Stock Performance - From March 31, 2025, to June 30, 2025, Chunan Co., Ltd. experienced a stock price increase of 14.8%, coinciding with the increase in shareholder accounts [1][2]. - In the previous quarter (December 31, 2024), the stock price had decreased by 1.93%, and the number of shareholders had dropped by 2,159 [2]. - The net inflow of main funds during the period was 46.67 million yuan, while retail investors experienced a net outflow of 14.33 million yuan [2].

Group 1 - The semi-annual report summary is derived from the full report, and investors are encouraged to read the complete report for a comprehensive understanding of the company's performance, financial status, and future plans [1] - The board of directors and senior management guarantee the authenticity, accuracy, and completeness of the semi-annual report, and they bear individual and joint legal responsibility for any false records, misleading statements, or significant omissions [1] - There is no profit distribution plan or capital reserve transfer to increase share capital for the reporting period [1] Group 2 - The company profile and major financial data are included in the report, with financial data presented in Renminbi [2] - There is no change in the controlling shareholder or actual controller during the reporting period [2] - The report indicates that there are no significant changes in the company's operating conditions or any major events that would impact the company's operations during the reporting period [2]

Group 1 - The company reported a revenue of 47.0264 million yuan for the first half of the year, representing a year-on-year increase of 6.02% [1] - The net profit attributable to shareholders of the listed company was 118.7228 million yuan, showing a year-on-year decrease of 1.05% [1] - The slow de-stocking of existing residential properties has impacted the growth rate of the company's revenue and profit [1]

江苏春兰制冷设备股份有限公司2025 年半年度报告 公司代码：600854 公司简称：春兰股份 江苏春兰制冷设备股份有限公司 2025 年半年度报告 1 / 117 江苏春兰制冷设备股份有限公司2025 年半年度报告 重要提示 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人徐群、主管会计工作负责人秦晓军及会计机构负责人（会计主管人员）王爱军 声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 公司中期无利润分配预案或公积金转增股本预案。 六、 前瞻性陈述的风险声明 一、 本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述，不构成公司对投资者的实质承诺，敬请投资 者注意投资风险。 七、 是否存在被控股股东及其他关联方非经营性 ...

Group 1 - The core viewpoint of the news is that Chunan Co., Ltd. (春兰股份) has shown a mixed performance in its latest financial results, with a decrease in total revenue but a significant increase in net profit [1] - As of August 11, 2025, Chunan's stock price closed at 5.6 yuan, reflecting a 1.08% increase, with a trading volume of 90,300 lots and a transaction amount of 50.43 million yuan [1] - The company's latest quarterly report indicates total revenue of 18.18 million yuan, a year-on-year decrease of 3.95%, while net profit attributable to shareholders reached 2.96 million yuan, a year-on-year increase of 316.40% [1] Group 2 - Chunan Co., Ltd. has a current liquidity ratio of 8.915, a quick ratio of 7.834, and a debt-to-asset ratio of 7.76% [1] - The company has made investments in 7 enterprises and participated in 25 bidding projects, along with holding 47 patents and 6 administrative licenses [2] - Established in 1988 and located in Taizhou, Jiangsu, Chunan Co., Ltd. primarily engages in the manufacturing of general equipment [1][2]

General Provisions - The audit committee of Jiangsu Chunlan Refrigeration Equipment Co., Ltd. is established to enhance the supervision of financial information, internal control, and auditing processes, ensuring compliance with relevant laws and regulations [1][2] - The audit committee is responsible for reviewing financial information, supervising internal and external audits, and providing decision-making support to the board of directors [1][2] Composition of the Committee - The audit committee consists of three directors, with a majority being independent directors, including at least one accounting professional [2][3] - Members must possess the necessary professional knowledge and experience to effectively oversee auditing processes and ensure accurate financial reporting [2][3] Responsibilities and Authority - The main responsibilities of the audit committee include reviewing financial information, supervising external audits, evaluating internal audits, and ensuring effective internal controls [5][6] - The committee has the authority to propose the hiring or dismissal of external auditors and to oversee the audit process [6][7] Decision-Making Procedures - The audit committee must meet at least quarterly and can convene additional meetings as necessary, ensuring that all members are informed and able to participate [14][15] - Decisions made by the committee require a majority vote from the members present at the meeting [15] Reporting and Accountability - The audit committee is required to report its findings and recommendations to the board of directors, ensuring transparency and accountability in its operations [14][15] - The committee has the right to request information from external auditors and other relevant personnel to fulfill its oversight responsibilities [15][16]

Core Points - The company has established a system for the deferral and exemption of information disclosure to ensure compliance with relevant laws and regulations [1][2][3] - The system outlines conditions under which information can be deferred or exempted from disclosure, particularly concerning state secrets and commercial secrets [2][3][5] - The company must maintain confidentiality and prevent the leakage of sensitive information through various means [3][4][5] Summary by Sections Information Disclosure Management - The system is designed to regulate the deferral and exemption of information disclosure in accordance with the Securities Law and the Shanghai Stock Exchange rules [1] - Information disclosure obligations must be fulfilled by the company and related parties as per the established regulations [1][2] Conditions for Deferral and Exemption - Information can be deferred or exempted if it involves state secrets or commercial secrets that could lead to unfair competition or harm to the company's interests [2][3] - The definition of commercial secrets includes information that is not publicly known, provides economic benefits, and is subject to confidentiality measures [2][3] Procedures and Responsibilities - The company must document any deferral or exemption decisions, including the reasons and the individuals privy to the information [4][5] - Any deferred or exempted information must be disclosed promptly if the reasons for deferral are no longer valid or if the information becomes public [3][5] Compliance and Accountability - The company is responsible for ensuring that any deferral or exemption complies with the relevant rules and must take corrective actions if there are violations [5][6] - The board of directors is tasked with interpreting and revising the system, which will take effect upon approval [6]

General Principles - The information disclosure management system aims to standardize the disclosure behavior of Jiangsu Chunlan Refrigeration Equipment Co., Ltd. and protect investors' rights [1][2] - The term "information" refers to any information that may significantly impact the trading price of the company's securities and derivatives [1][2] - Disclosure must be timely, truthful, accurate, complete, clear, and understandable, without any misleading statements or omissions [2][3] Disclosure Obligations - The system applies to all information disclosure obligors, including the company, its directors, senior management, shareholders, and other related parties [2] - Information must be disclosed simultaneously to all investors, and no selective disclosure is allowed [2][3] - Directors and senior management must ensure the accuracy and completeness of disclosed information [2][3] Voluntary Disclosure - Information obligors may voluntarily disclose information relevant to investors' value judgments, provided it does not conflict with legally required disclosures [3] - Voluntary disclosures must adhere to the principles of fairness and consistency [3] Reporting and Filing - The company must disclose information on the Shanghai Stock Exchange website and other approved media, ensuring public access to disclosure documents [5][6] - Regular reports, including annual and interim reports, must be prepared and disclosed within specified timeframes [16][17] Internal Management - The board of directors is responsible for overseeing information disclosure, with the board secretary managing daily operations [38][39] - The company must maintain communication equipment for information disclosure and ensure the availability of contact numbers for inquiries [15] Sensitive Information Management - The company must conduct regular checks to prevent the leakage of sensitive information and ensure compliance with disclosure standards [64][65] - Shareholders holding more than 5% of shares must report any significant changes in their holdings to the company [66] Compliance and Penalties - Violations of the disclosure system may result in penalties for responsible individuals, including legal consequences for unauthorized information leakage [74][76] - The company reserves the right to pursue accountability for damages caused by unauthorized disclosures by consultants or intermediaries [77]

Core Points - The document outlines the management system for the shares held by directors and senior management of Jiangsu Chunlan Refrigeration Equipment Co., Ltd, emphasizing compliance with relevant laws and regulations [1][2][3] Summary by Sections Section 1: Purpose and Scope - The purpose of the system is to strengthen the management of shares held by directors and senior management, ensuring market order and compliance with laws such as the Company Law and Securities Law [1] Section 2: Definitions - Senior management includes the general manager, deputy general managers, financial officer, board secretary, and other personnel recognized by the company's articles of association [1] Section 3: Shareholding and Trading Restrictions - Directors and senior management are prohibited from reducing their shareholdings under specific circumstances, such as within six months of leaving the company or during investigations related to securities violations [2] Section 4: Share Reduction Limits - During their term and for six months after, directors and senior management can only reduce their holdings by a maximum of 25% of their total shares, with exceptions for certain legal circumstances [3] Section 5: Reporting Requirements - Directors and senior management must report any changes in their shareholdings within two trading days, including details such as the number of shares before and after the change, the date, quantity, price, and reason for the change [4][6] Section 6: Insider Trading Prevention - The company must ensure that certain individuals, such as family members of directors and senior management, do not trade based on insider information [7] Section 7: Compliance and Accountability - The board secretary is responsible for managing the data and information related to shareholdings and must report any violations to the stock exchange [8] Section 8: Disclosure of Trading Plans - Directors and senior management must notify the board secretary of their trading plans in writing before executing any trades, and disclose their plans to the stock exchange [8][9] Section 9: Effectiveness - The management system will take effect upon approval by the company's board of directors [9]