Financial Performance - The company's operating revenue for Q1 2025 was ¥11,002,944,108.30, a decrease of 39.71% compared to ¥18,250,656,107.52 in the same period last year[4] - Net profit attributable to shareholders was ¥134,557,383.50, down 62.96% from ¥363,255,253.39 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥133,230,466.74, reflecting a 63.91% decline from ¥369,110,634.83 in the previous year[4] - Basic earnings per share were ¥0.08, down 63.64% from ¥0.22 year-on-year[5] - Net profit for Q1 2025 was ¥135,672,348.18, a decline of 62.8% from ¥364,744,950.11 in Q1 2024[20] - Basic earnings per share for Q1 2025 was ¥0.08, compared to ¥0.22 in Q1 2024[20] Cash Flow - The net cash flow from operating activities was -¥722,539,237.36, a significant decrease of 166.02% compared to ¥1,094,364,860.17 in the same period last year[4] - Cash flow from operating activities for Q1 2025 was negative at -¥722,539,237.36, compared to a positive ¥1,094,364,860.17 in Q1 2024[23] - The net cash flow from investing activities was -2,077,378.77 for the current period and -8,607,163.09 for the previous period[24] - The cash inflow from financing activities totaled 82,367,646.21 in the current period, compared to 3,600,000,000 in the previous period[24] - The net cash flow from financing activities was 55,921,870.76 for the current period, while it was -20,449,958.38 for the previous period[24] - The net increase in cash and cash equivalents was -668,694,745.37 for the current period, compared to an increase of 1,065,307,738.70 in the previous period[24] - The ending balance of cash and cash equivalents was 5,983,259,749.97 for the current period, compared to 7,069,471,187.87 for the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥13,400,832,132.28, an increase of 3.88% from ¥12,900,880,448.50 at the end of the previous year[5] - The company's total assets as of March 31, 2025, amount to ¥13,400,832,132.28, an increase from ¥12,900,880,448.50 as of December 31, 2024[14][15] - Total liabilities as of the end of the reporting period were ¥5,719,883,345.53, an increase from ¥5,355,604,009.93 year-over-year[16] - Total current liabilities increased to ¥5,000,000,000.00 from ¥4,500,000,000.00, indicating a rise of approximately 11.1%[15] Shareholder Information - Shareholders' equity attributable to the parent company was ¥7,583,814,512.81, up 1.81% from ¥7,449,257,129.31 at the end of the previous year[5] - Total equity attributable to shareholders was ¥7,583,814,512.81, up from ¥7,449,257,129.31 in the previous year[16] - The total number of common shareholders at the end of the reporting period is 118,631[10] - The largest shareholder, China National Gold Group Corporation, holds 646,050,000 shares, accounting for 38.4% of total shares[10] - The top ten shareholders collectively hold 45.72% of the company's shares, indicating a concentrated ownership structure[11] Operational Insights - The decline in revenue and profit was primarily due to a decrease in gold product sales as gold prices continued to rise[7] - The company reported a non-recurring gain of ¥1,326,916.76 after accounting for tax and minority interests[6] - The company reported a financial expense of -¥1,203,303.64 in Q1 2025, a significant improvement from ¥12,368,393.19 in Q1 2024[18] - The company’s investment income for Q1 2025 was -¥2,876,183.08, an improvement from -¥22,834,953.06 in Q1 2024[18] - Accounts receivable increased significantly to ¥1,108,589,726.70 from ¥342,093,360.46, indicating a growth of approximately 224%[14] - Inventory rose to ¥4,136,469,200.96 from ¥3,794,336,830.01, reflecting an increase of about 9%[14]

Financial Performance - The company's operating revenue for 2024 reached ¥60.46 billion, an increase of 7.27% compared to ¥56.36 billion in 2023[25]. - The net profit attributable to shareholders for 2024 was ¥818.39 million, a decrease of 15.93% from ¥973.48 million in 2023[25]. - The net profit after deducting non-recurring gains and losses was ¥789.78 million, down 10.33% from ¥880.80 million in 2023[25]. - Cash flow from operating activities for 2024 was ¥1.66 billion, reflecting a 5.04% increase from ¥1.58 billion in 2023[26]. - The total assets as of the end of 2024 were ¥12.90 billion, a decrease of 1.60% from ¥13.11 billion at the end of 2023[26]. - The total profit for 2024 was CNY 1.021 billion, a decrease of 15.12% from CNY 1.203 billion in 2023[69]. - Basic earnings per share for 2024 decreased by 15.52% to CNY 0.49 compared to CNY 0.58 in 2023[27]. - Diluted earnings per share for 2024 also decreased by 15.52% to CNY 0.49 compared to CNY 0.58 in 2023[27]. - The weighted average return on equity for 2024 decreased by 2.58 percentage points to 11.03% from 13.61% in 2023[27]. Dividend Distribution - The company plans to distribute a cash dividend of ¥3.50 per 10 shares, totaling ¥588 million, which accounts for 71.85% of the net profit attributable to shareholders[9]. - The cumulative cash dividend over the last three accounting years amounts to 1.848 billion RMB, with an average net profit of approximately 852.4 million RMB, resulting in a cash dividend ratio of 216.80%[152]. Operational Efficiency and Strategy - The company emphasized a focus on optimizing operational efficiency and enhancing service quality through a coordinated multi-channel marketing strategy[39]. - The overall operational status of the company remains positive, with a commitment to high-quality and compliant development despite industry challenges[39]. - The company has optimized its franchise system, enhancing operational efficiency and market penetration through targeted training and localized product offerings[40]. - The company has strengthened its online sales channels, promoting new retail models such as live e-commerce and social e-commerce[64]. - The company continues to innovate with a diversified product matrix, including investment gold bars and cultural jewelry, to meet consumer demands[65]. Market and Product Development - The e-commerce platform has achieved top sales during major promotional events, with the flagship store on JD.com ranking first, particularly with the popular dog head gold product[41]. - The company has initiated a new materials business and is testing social e-commerce operations aimed at younger consumers[42]. - The company launched several high-value products under the "Cultural Gold" strategy, enhancing its product matrix and patent layout[44]. - The revenue from gold and jewelry sales reached ¥59.74 billion, an increase of 6.98% year-over-year, while the cost of sales rose by 7.19%[73]. - The revenue from brand usage fees increased by 42.47%, and management service fees surged by 254.23% compared to the previous year[74]. Risk Management - The company has outlined potential risks in its operations, which investors should be aware of[11]. - The company faces market competition risks due to intensified industry competition, which may lead to a decline in market share if existing advantages are not effectively maintained[103]. - Operational risks include increased management difficulty due to the expansion of subsidiaries and stores, requiring higher internal control standards[104]. - Financial risks are present with accounts receivable, although most clients are reputable; potential defaults could lead to bad debt risks[105]. - The company has made provisions for bad debts in its accounts receivable management, reflecting a proactive approach to financial risk[105]. Governance and Compliance - The report includes a standard unqualified audit opinion from Tianzhi International Accounting Firm[8]. - The company has established a governance structure that complies with relevant laws and regulations, ensuring the protection of shareholder rights[108]. - The company has implemented measures to maintain independence from its controlling shareholder, ensuring no interference in decision-making[111]. - The company is committed to improving its governance structure and internal control mechanisms to promote sustainable development[110]. - The company has not faced any penalties from securities regulatory agencies in the past three years, indicating a clean compliance record[129]. Leadership and Management Changes - The company has seen significant leadership changes, with multiple board members resigning and new appointments made recently[118]. - The company has appointed new executives in various departments, including the finance and legal compliance departments, indicating a restructuring effort[120]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to CNY 4,683,836.31[126]. - The remuneration for directors and senior management is determined based on the company's annual operating performance and individual performance assessments[126]. Environmental and Social Responsibility - The company has committed to sustainable development and has disclosed its ESG report[170]. - The company invested 1.482 million yuan in environmental protection during the reporting period[160]. - The company has established a mechanism for environmental protection and has not violated any environmental laws or regulations[161]. - The company has not faced any administrative penalties due to environmental issues during the reporting period[168]. - The company has invested 25.9 million yuan in poverty alleviation and rural revitalization projects[170]. Legal Matters - The company is involved in a lawsuit against Starshine Jewelry Group Co., Ltd. and Hefei Junge Trading Co., Ltd. regarding overdue accounts receivable, with the amount involved being 54,531,800 RMB[193]. - The court ruled in favor of the company on June 24, 2020, ordering the defendants to pay the overdue amount plus interest at a rate of 0.066% per day[194]. - The company is actively pursuing legal actions to secure its receivables and has taken measures to prevent asset transfer by the defendants[194].

改基金董事，南京证券股份有限公司(SH601990)、天津七一 二通讯广播股份有限公司(SH603712)、中证信用股份有限公 司、睿远基金管理有限公司独立董事；2024 年 3 月至今，任 中国黄金集团黄金珠宝股份有限公司独立董事。 报告期内，本人任职符合《上市公司独立董事管理办法》 第六条规定的独立性要求，不存在影响独立性的情形。 独立董事述职报告（王旻） 作为中国黄金集团黄金珠宝股份有限公司（以下简称 "公司"）的独立董事，报告期（2024 年 3 月至 2024 年 12 月）内，本人本着对公司和全体股东诚信和勤勉的态度，以 关注和维护全体股东特别是中、小股东的利益为宗旨，恪尽 职守，认真负责，严格履行了国家法律法规、《公司章程》 以及各专门委员会工作实施细则规定的独立董事职责，为公 司规范运作与科学决策提供了专业依据。 一、独立董事基本情况 王旻，1969 年出生，中国国籍，无境外居留权，1994 年 7 月-1999 年 3 月，中国人民大学财政金融学院投资系助 教、讲师；1999 年 3 月-2014 年 2 月，历任中国证监会培训 中心一处主任科员、机构部检查三处主任科员、检查四处主 任科员、 ...

缪慧频，1963 年出生，中国国籍，无境外居留权，1986 年 7 月-1988 年 8 月，浙江省湖州税务学校教师；1991 年 3 月-1997 年 8 月，任浙江省税务局副处长、办公室副主任； 1997 年 8 月-2000 年 3 月，任浙江省国税局办公室主任； 2000 年 3 月-2003 年 3 月，任浙江舟山市国税局局长、党组 书记；2003 年 3 月-2004 年 4 月，任浙江省国税局征管处处 长；2004 年 4 月-2014 年 2 月，任国家税务总局所得税司副 司长；2014 年 2 月-2016 年 2 月，任国家税务总局集中采购 中心主任(正司长级)；2016 年 2 月-2021 年 1 月，任国家税 务总局大企业司司长；2021 年 1 月-2023 年 8 月，任中国保 险保障基金有限公司董事；2024 年 3 月至今，任中国黄金集 团黄金珠宝股份有限公司独立董事。 独立董事述职报告（缪慧频） 报告期内，本人任职符合《上市公司独立董事管理办法》 一、独立董事基本情况 作为中国黄金集团黄金珠宝股份有限公司（以下简称 "公司"）的独立董事，报告期（2024 年 3 月至 20 ...

独立董事述职报告（曹鎏） 作为中国黄金集团黄金珠宝股份有限公司（以下简称 "公司"）的独立董事，报告期（2024 年 3 月至 2024 年 12 月）内，本人本着对公司和全体股东诚信和勤勉的态度，以 关注和维护全体股东特别是中、小股东的利益为宗旨，恪尽 职守，认真负责，严格履行了国家法律法规、《公司章程》以 及各专门委员会工作实施细则规定的独立董事职责，为公司 规范运作与科学决策提供了专业依据。 一、独立董事基本情况 曹鎏，1983 年出生，中国国籍，无境外居留权，2011 年 10 月-2012 年 4 月，美国大学华盛顿法律学院访问学者；2012 年 7 月至今，历任中国政法大学讲师、副教授；现任中国政 法大学教授、博士生导师；2024 年 3 月至今，任中国黄金集 团黄金珠宝股份有限公司独立董事。 报告期内，本人任职符合《上市公司独立董事管理办法》 第六条规定的独立性要求，不存在影响独立性的情形。 二、年度履职情况 2024 年度公司共召开 6 次董事会、3 次股东大会。本着 勤勉尽责的态度,本人就任后积极出席有关会议，就提交的 议案均认真审阅，对公司有关事项进行了解后，充分发表专 业、独立意见，严谨 ...

证券代码：600916 证券简称：中国黄金 公告编号：2025-012 中国黄金集团黄金珠宝股份有限公司 关于计提资产减值损失及确认公允价值变动的公告 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法律责任。 中国黄金集团黄金珠宝股份有限公司（以下简称"公司"）于 2025 年 4 月 28 日召开第二届董事会第八次会议与第二届监事会第五次会议，分别审 议通过了《关于公司 2024 年度计提各项资产减值准备的议案》，现将公司 2024 年度计提信用减值准备及资产减值准备及确认公允价值变动情况公告 如下： 一、公司计提资产减值准备及公允价值变动情况概述 根据《企业会计准则第 8 号--资产减值》《企业会计准则第 1 号--存货》 《企业会计准则第 14 号--收入》《企业会计准则第 22 号--金融工具确认和 计量》相关规定要求及公司会计政策的相关规定，为真实、准确地反映 2024 年度财务状况，公司本着谨慎性的原则根据相关资产的情况，分别确认计提 资产减值损失及公允价值变动。具体情况如下： （一）计提减值准备的方法、依据和标准 1. 金 ...

中国黄金集团黄金珠宝股份有限公司关于 与中国黄金集团财务有限公司签订 《金融服务协议》暨关联交易的公告 证券代码：600916 证券简称：中国黄金 公告编号：2025-0xx 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法律责任。 重要内容提示： 一、关联交易概述 为进一步拓宽融资渠道，降低融资成本，减少财务费用，公司根据《中华人 民共和国公司法》《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》等法律法规及《中国黄金集团黄金珠宝股份有限公司章程》（以下简称 "《公司章程》"）的有关规定，以及与财务公司金融业务的实际开展情况，拟 与财务公司续签《金融服务协议》，协议有效期三年。 根据《金融服务协议》，财务公司可在其经营范围内向公司及公司子公司提 供金融服务，包括存款服务、贷款服务（包括贷款、贴现、担保、承兑等业务）、 结算服务以及经国家金融监督管理总局批准财务公司可从事的其他金融服务。公 司及子公司视自身的需要自主选择接受财务公司提供的全部或部分金融服务。 是否需要提交股东大会审议：是 中国黄金集团财务有限公司（以下 ...

证券代码：600916 证券简称：中国黄金 公告编号：2025-013 中国黄金集团黄金珠宝股份有限公司 关于续聘会计师事务所的公告 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法律责任。 重要内容提示： ●拟聘任的会计师事务所名称：天职国际会计师事务所(特殊普通合伙)（以 下简称"天职国际"）。 中国黄金集团黄金珠宝股份有限公司(以下简称"公司")于 2025 年 4 月 28 日召开第二届董事会第八次会议，审议通过了《关于公司续聘会计师事务所的议 案》，拟续聘天职国际为公司 2025 年度财务审计机构和内部控制审计机构，现 将天职国际相关情况披露如下： 一、拟聘任会计师事务所的基本情况 （一）机构信息 1. 基本信息 | 事务所名称 | | 天职国际会计师事务所(特殊普通合伙) | | | --- | --- | --- | --- | | 成立日期 | 2012 年 3 月 5 日 | 组织形式 | 特殊普通合伙 | | 注册地址 | 北京市海淀区车公庄西路 | 19 号 68 号楼 | A-1 和 A-5 区域 | | 首席合 ...

中国黄金集团黄金珠宝股份有限公司 2024 年度董事会审计委员会对会计师事务 所履行监督职责情况报告 年 12 月 25 日召开 2023 年第二次临时股东大会，审议通过 了《关于更换会计师事务所的议案》，聘任天职为公司 2024 年度财务决算及内部控制审计机构。 三、审计委员会对会计师事务所监督情况 公司第一届董事会审计委员会于 2023 年 12 月 8 日召开 会议，审议通过了《关于更换会计师事务所的议案》。第一 届董事会审计委员会已对天职的相关情况进行了审查，天职 具备一定的上市公司审计经验，在专业胜任能力、投资者保 护能力、独立性和诚信状况等方面可以满足公司对于外部审 计机构的要求。经审议表决，建议公司董事会同意聘任天职 为公司 2024 年度财务决算及内部控制审计机构，负责公司 2024 年度财务报告审计和内部控制审计工作。 第二届董事会审计委员会于 2024 年度审计工作开始前 与天职协商确定年度财务报告审计计划及时间安排，并就审 计风险分析应对等进行了沟通，确保其能积极保障公司年度 审计工作正常运行。审计期间，第二届董事会审计委员会与 会计师就审计执行阶段审计进度、审计重要事项及初步审计 结果 ...

中国黄金集团黄金珠宝股份有限公司全体股东： 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要求（以下简称"企业内 部控制规范体系"），结合本公司（以下简称"公司"）内部控制制度和评价办法，在内部控制日常监督 和专项监督的基础上，我们对公司2024年12月31日（内部控制评价报告基准日）的内部控制有效性进行 了评价。 一. 重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其有效性，并如实披露内 部控制评价报告是公司董事会的责任。监事会对董事会建立和实施内部控制进行监督。经理层负责组织 领导企业内部控制的日常运行。公司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存 在任何虚假记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个别及连带法 律责任。 公司代码：600916 公司简称：中国黄金 中国黄金集团黄金珠宝股份有限公司 2024年度内部控制自我评价报告 根据公司非财务报告内部控制重大缺陷认定情况，于内部控制评价报告基准日，公司未发现非财务 报告内部控制重大缺陷。 4. 自内部控制评价报告基准日至内部控制评价报告发出日之间影响内部控制有效 ...