第一章 总则 第一条 为规范百大集团股份有限公司(以下简称"公司"或"本公司") 及 控股子公司（合并报表范围内的子公司）的证券及金融衍生品投资行为及相关信 息披露工作，有效控制风险，提高投资收益，维护公司及股东利益，根据《中华 人民共和国证券法》《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 5 号——交易与关联交易》等法律法规、规范性文件及《百大 集团股份有限公司章程》（以下简称"《公司章程》"）等相关规定，结合公司 实际情况，特制定本制度。 第二条 本制度所称证券及金融衍生品投资，是指在国家政策允许的范围内， 公司及控股子公司作为独立的法人主体，在控制投资风险的前提下，以提高资金 使用效率和收益最大化为原则，在证券市场投资有价证券的行为。证券及金融衍 生品投资具体包括但不限于股票投资、公募证券基金、私募证券基金、参与其他 上市公司增发或配股、债券投资、可转债投资、金融衍生品等交易所认定的直接 或间接证券投资行为。 第三条 公司进行证券及金融衍生品投资必须遵循"规范运作、防范风险、 资金安全、量力而行、效益优先"的原则，证券及金融衍生品投资规模应与公司 资产结构相适应，且不能影响公 ...

百大集团股份有限公司 投资决策管理制度 （2025 年修订） 第一章 总则 第一条 为规范百大集团股份有限公司（以下简称"公司"）的投资决策程序， 规避经营风险，保障公司和股东的利益，明确公司投资及重大财务决策的批准权限 与批准程序，根据《中华人民共和国公司法》《上海证券交易所股票上市规则》等有 关法律法规和《百大集团股份有限公司章程》（以下简称"《公司章程》"）的规定， 结合公司实际情况，制定本制度。 第二条 本制度所称投资是指公司以取得收益为目的而发生的现金流出。包括 但不限于资产投资、股权投资及法律法规允许的其他投资。委托理财、委托贷款、 证券及金融衍生品投资参照公司其他相关制度执行。 第三条 投资决策管理的原则： 第二章 投资决策范围及权限 第四条 依据本管理制度进行的投资事项包括： （2）交易标的（如股权）涉及的资产净额（同时存在账面值和评估值的，以高 者为准）占公司最近一期经审计净资产的10%以上，且绝对金额超过1000万元； （3）交易的成交金额（包括承担的债务和费用）占公司最近一期经审计净资产 的10％以上，且绝对金额超过1000万元； （4）交易产生的利润占公司最近一个会计年度经审计净利润的 ...

百大集团股份有限公司 委托理财管理制度 （2025 年修订） 第一章 总则 第一条 为规范百大集团股份有限公司（以下简称"公司"）及分子公司的委托 理财业务，防范委托理财业务决策和执行过程中的相关风险，维护公司和全体股东 的合法权益，根据《中华人民共和国公司法》、《上海证券交易所股票上市规则》等 有关法律法规和《百大集团股份有限公司章程》（以下简称"《公司章程》"）的规定， 结合公司实际情况，制定本制度。 第二条 本制度所称委托理财是指公司在确保日常经营活动资金周转的基础上， 通过购买银行理财产品、券商理财产品、信托理财产品、货币基金等，以提高公司 闲置资金使用效益的理财行为。 2、经公司董事会及股东会批准的额度的使用期限不应超过 12 个月，期限内任 一时点的交易金额（含前述投资的收益进行再投资的相关金额）不应超过委托理财 额度。 第五条 未经董事会或股东会授权的委托理财，单笔或连续 12 个月内累计发生 额达到最近一期经审计净资产 10%以上且绝对金额超过 1000 万元人民币的应当提交 董事会审议并披露，达到最近一期经审计净资产 50%以上且绝对金额超过 5000 万元 1 / 3 人民币的还应当提交股 ...

百大集团股份有限公司 董事和高级管理人员 持有及买卖本公司股份管理制度 （2025 年修订） 第一条 为加强对百大集团股份有限公司（以下简称"公司"或"本公司"） 董事和高级管理人员持有及买卖本公司股份的管理工作，根据《中华人民共和国 公司法》《中华人民共和国证券法》及《上市公司董事和高级管理人员所持本公 司股份及其变动管理规则》《上海证券交易所上市公司自律监管指引第 8 号—— 股份变动管理》《上海证券交易所上市公司自律监管指引第 15 号——股东及董 事、高级管理人员减持股份》等法律、行政法规和规章的规定，制定本管理制度。 第二条 公司董事和高级管理人员所持本公司股份，是指登记在其名下和利 用他人账户持有的所有本公司股份。 公司董事和高级管理人员从事融资融券交易的，还包括记载在其信用账户内的本 公司股份。 第三条 公司董事和高级管理人员计划买卖本公司股票及其衍生品种的，应 当在买卖前 3 个交易日内填写《买卖本公司股份问询函》并提交董事会办公室， 由董事会秘书具体负责确认。董事会秘书应当核查公司信息披露及重大事项等进 展情况，形成同意或反对的明确意见，填写《买卖本公司股份问询的确认函》， 并于《买卖本公司 ...

百大集团公告，第三季度营收为4068.14万元，同比增长8.10%；净利润亏损3389.17万元，下降 142.77%。前三季度营收为1.33亿元，下降6.86%；净利润为2396.78万元，下降81.78%。 ...

Core Viewpoint - *ST Yuancheng has received a notice of administrative penalty from the China Securities Regulatory Commission (CSRC) for suspected violations, including false records in annual reports from 2020 to 2022 and fabrication of significant false content in the 2022 non-public stock issuance documents [2] Group 1: Company Violations - The company and its actual controller are suspected of long-term financial fraud, with false records spanning three consecutive years [2] - The fraudulent activities are linked to refinancing efforts, with non-public issuance relying on falsified data [2] - If the company is found guilty of continuous financial fraud for three years, it may face delisting from the stock exchange [2] Group 2: Recommendations for Prevention and Control - Strengthening internal controls and external supervision is essential to prevent financial fraud, focusing on governance and oversight [3] - A dual defense system should be established, emphasizing the need for a robust internal control system that covers all critical business processes [3] - Auditors should enhance audit quality through "penetrating audits" to verify the authenticity of transactions and funds [3] Group 3: Dynamic Monitoring and Corrections - Implementing a "filing + tracking" system for major projects to ensure dynamic supervision and timely reporting to regulatory bodies [3] - Regulatory authorities should compare project progress reports with financial disclosures to identify discrepancies and initiate inquiries when necessary [3] Group 4: Information Disclosure and Correction Mechanism - Companies should regularly review the quality of financial information and promptly disclose corrections for any accounting errors [4] - Regulatory bodies need to focus on reviewing correction announcements and treat accounting errors as significant regulatory clues [5] Group 5: Financial Fraud Warning Mechanism - Utilizing big data and AI to create monitoring models for financial anomalies, automatically issuing alerts for companies with significant deviations in revenue and profit [5] - Encouraging public participation in supervision through a reward system for valid reports of financial misconduct [5]

Group 1 - China announced countermeasures against the US 301 investigation into the shipbuilding industry, starting on October 14, imposing special port fees on US-related vessels, emphasizing the need to maintain fair competition in international shipping and shipbuilding markets [3] - The US and European stock markets collectively declined due to escalating trade war risks and ongoing government shutdown, with the Dow Jones falling nearly 2%, S&P 500 down over 2.5%, and Nasdaq dropping over 3.5% [3] - The central bank reported liquidity injections in September, with a net injection of 300 billion yuan through MLF and 19 million yuan through SLF, while short-term reverse repos saw a net injection of 3.9 billion yuan [5] Group 2 - The State Council's Vice Premier He Lifeng met with executives from multinational companies like Abbott and Prudential, discussing the global and Chinese economic situation and encouraging increased investment in China [4] - Qualcomm is under investigation by the market regulator for failing to report its acquisition of Autotalks, potentially violating China's antitrust laws [5] - The China Securities Regulatory Commission is taking serious action against *ST Yuancheng for significant financial fraud, proposing fines totaling 37.45 million yuan and initiating delisting procedures [7] Group 3 - The Hainan Free Trade Port tourism regulations will take effect on December 1, 2025, gradually relaxing restrictions on foreign investment in the tourism sector [6] - The Ministry of Natural Resources released guidelines for optimizing urban stock space, emphasizing the importance of utilizing existing land effectively as China enters a "stock era" [5] - The Ministry of Industry and Information Technology plans to conduct commercial trials for satellite IoT services to support the development of emerging industries [13]

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has intensified its crackdown on financial fraud among listed companies, leading to significant penalties and a restructuring of the capital market ecosystem [1] Summary by Relevant Sections Financial Fraud Cases - The CSRC has penalized several companies for financial misconduct, including: - Yuebo Power was fined a total of 30.8 million yuan for inflating revenue and profits through fictitious sales of new energy vehicle powertrains and false asset sales [1] - *ST Gaohong faced a fine of 160 million yuan for engaging in non-commercial "empty turnover" transactions, significantly inflating its revenue and profits, with a third party fined 7 million yuan [1] - *ST Dongtong was proposed to be fined 229 million yuan for four consecutive years of inflated revenue and profits, with 7 responsible individuals facing a total fine of 44 million yuan and the actual controller receiving a 10-year market ban [1] Regulatory Response - The series of severe penalties is viewed as a critical turning point for the restructuring of the capital market ecosystem, emphasizing the CSRC's commitment to combating financial fraud [1] - CSRC Chairman Wu Qing highlighted the need for increased precision and effectiveness in regulation, focusing on major violations and ensuring that the market is both dynamic and well-regulated to promote high-quality development [1]

Core Viewpoint - A financial fraud case involving *ST Yuancheng has emerged, revealing that the company engaged in financial misconduct for three consecutive years, leading to significant penalties and potential delisting [2] Summary by Relevant Sections Financial Misconduct - From 2020 to 2022, *ST Yuancheng inflated its operating income by over 200 million yuan and profits by more than 50 million yuan through fraudulent accounting practices related to the Yuelongshan project [2] - The company used these inflated financial figures in its 2022 non-public stock issuance documents, which constitutes fraudulent issuance [2] Regulatory Actions - The China Securities Regulatory Commission (CSRC) plans to impose a fine of 37.45 million yuan on *ST Yuancheng and a fine of 28 million yuan on the company's actual controller, along with a 10-year ban from the securities market [2] - Four other responsible personnel will collectively face fines totaling 14 million yuan [2] Potential Consequences - Due to the severity of the violations, *ST Yuancheng will initiate delisting procedures as it is suspected of major illegal activities [2] - The CSRC has indicated that any potential criminal evidence will be referred to law enforcement for further investigation [2]

Core Viewpoint - The announcement details the signing of a significant leasing contract between the company and Hang Lung Business Operation (HK) Limited, which involves the establishment of a new company in Hangzhou to manage the lease obligations [1][2]. Group 1: Contract Details - The company has signed a leasing contract and related agreements with Hang Lung Business, which were approved by the board and shareholders [1]. - The leasing contract is referred to as the "Hangzhou Department Store Leasing Contract" [1]. Group 2: New Company Establishment - Hang Lung Business has established a new company, Hangzhou Hengan Commercial Operation Management Co., Ltd., to assume all rights and obligations under the leasing contract [2]. - The new company has a registered capital of 40 million yuan and is located in Hangzhou [2]. - The legal representative of the new company is Zhang Linna, and it was officially established on July 29, 2025 [2].