Core Viewpoint - Suhao Huihong has received a regulatory letter from the Shanghai Stock Exchange regarding its joint investment with related parties, addressing issues such as competition, funding arrangements, and asset impairment assessments [1] Group 1: Investment Considerations - Suhao Huihong's subsidiary, Zhongtian Supply Chain, has underperformed since its establishment in 2023, with total profits of 0.5655 million, 3.0187 million, and -5.0831 million for the years 2023 to May 2025, and net profits of 0.4240 million, 2.2295 million, and -3.8123 million respectively [2] - The company plans to use its equity in Zhongtian Supply Chain to invest in a new company in Changzhou, leveraging local resources to enhance asset utilization and avoid potential competition [2] Group 2: Funding Arrangements - The newly established Changzhou company will receive an investment of 98.8411 million from Suhao Zhongtian, with the controlling shareholder committing to a total of 401.1589 million, of which 100 million has already been paid [3] - The financial health of the Changzhou company is sound, with total assets of 94.475 billion and 114.807 billion expected by the end of 2024 and mid-2025 respectively, ensuring it can meet funding needs [3] Group 3: Asset Impairment and Valuation - Due to a decline in commodity prices, the equity value of Zhongtian Supply Chain was assessed at 98.8411 million as of May 31, 2025, with no increase or decrease in value [4] - Impairment testing for inventory was conducted, resulting in a provision for inventory depreciation of 10.3717 million, deemed reasonable and accurate [4] - The valuation used the asset-based approach due to the unstable operating conditions of Zhongtian Supply Chain, with the assessment conducted by a qualified independent firm, ensuring fair pricing for the related transaction [4] Group 4: Independent Director's Opinion - The independent directors believe that the joint investment with related parties is necessary and reasonable, with no harm to the interests of the listed company [5]

证券代码：600981 证券简称：苏豪汇鸿 公告编号：2025-063 江苏苏豪汇鸿集团股份有限公司 关于对上海证券交易所监管工作函回复的公告 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法律责任。 一、公告显示，公司全资子公司中天供应链主营业务为内贸及进出口，控 股股东新设立的常州公司拟开展的高端设备供应链业务与中天供应链的设备进 出口业务相似，不置出将可能会新增潜在同业竞争。请公司结合设备进出口业 务开展情况及行业前景，说明控股股东新增与公司存在同业竞争的业务，同时 公司置出相关业务的主要考虑及合理性，是否存在向控股股东让渡商业机会的 情况，是否损害上市公司利益，是否违反 2023 年省属贸易企业重组整合时控 股股东出具的避免同业竞争承诺。 回复： 1．本次交易的主要考虑及合理性 公司子公司江苏汇鸿中天供应链有限公司（以下简称"中天供应链"）主 营业务为内贸及进出口。其中，内贸主要产品涉及煤炭、砂石等产品；设备进 出口业务主要涉及锂电池隔膜、偏光片基膜等设备。中天供应链与公司其他业 务板块相似度较低，在客户、经营区域上与公司及下属 ...

江苏苏豪汇鸿集团股份有限公司 JIANGSU SOHO HIGH HOPE GROUP CORPORATION 2025 年第三次临时股东大会会议资料 二〇二五年九月三十日 江苏苏豪汇鸿集团股份有限公司 2025年第三次临时股东大会会议资料 江苏苏豪汇鸿集团股份有限公司 2025 年第三次临时股东大会会议议程 会议时间：二〇二五年九月三十日 14:00 会议地点：南京市白下路 91 号汇鸿大厦 26 楼会议室 会议主持人：董事长杨承明先生 会议议程： 江苏苏豪汇鸿集团股份有限公司 2025 年第三次临时股东大会须知 三、与会人员应听从大会工作人员的指引和安排，遵守会议规则，维护会议 秩序； 1 一、主持人介绍会议出席情况 二、宣读股东大会须知 三、会议审议议案 （一）《关于取消监事会并修订<公司章程>的议案》； （二）《关于修订<股东大会议事规则>的议案》； （三）《关于修订<董事会议事规则>的议案》。 四、宣读会议表决办法，推选监票人 五、议案审议及现场沟通 六、休会（统计现场投票结果） 七、律师宣读本次大会的法律意见书 八、会议结束 为保障公司股东的合法权益，确保公司 2025 年第三次临时股东大会的正常 ...

Core Points - The trade sector experienced a decline of 0.91% on September 19, with Suhao Huihong leading the drop [1] - The Shanghai Composite Index closed at 3820.09, down 0.3%, while the Shenzhen Component Index closed at 13070.86, down 0.04% [1] Fund Flow Analysis - On that day, the trade sector saw a net outflow of main funds amounting to 90.16 million yuan, with retail funds experiencing a net inflow of 108 million yuan [2] - Speculative funds had a net outflow of 17.76 million yuan [2]

Core Viewpoint - The announcement details the share reduction by the controlling shareholder and its affiliates of Hongye Futures, indicating a strategic move in the company's equity structure [1] Share Reduction Details - Jiangsu Suhao Huihong Group Co., Ltd. reduced its holdings by 3,174,600 shares, representing 0.32% of the total share capital of Hongye Futures [1] - Jiangsu Hongye International Logistics Co., Ltd. reduced its holdings by 2,773,600 shares, accounting for 0.28% of the total share capital [1] - The total reduction by both entities amounts to 5,948,200 shares, which is 0.60% of the total share capital, executed through centralized bidding on the stock exchange [1]

Core Viewpoint - Hongye Futures (001236) announced a reduction in shareholding by major shareholders, impacting the overall ownership structure of the company [1] Group 1: Shareholding Changes - Shareholder Suhao Huihong (600981) reduced its stake by 3.1746 million shares through centralized bidding [1] - Hongye Logistics also reduced its stake by 2.7736 million shares through centralized bidding [1] - Following these changes, the total shares held by the controlling shareholder and its concerted parties decreased from 519,827,256 shares to 513,879,056 shares, resulting in a reduction of the holding percentage from 51.58% to 50.99% [1]

Core Viewpoint - Hongye Futures (03678) announced a reduction in shareholding by major shareholders, impacting the overall ownership structure of the company [1] Shareholding Changes - Shareholder Suhao Huihong reduced its stake by selling 3.1746 million shares through centralized bidding [1] - Shareholder Hongye Logistics reduced its stake by selling 2.7736 million shares through centralized bidding [1] - Following these transactions, the total number of shares held by controlling shareholders and their concerted parties decreased from 519,827,256 shares to 513,879,056 shares [1] - The combined shareholding percentage of controlling shareholders and concerted parties fell from 51.58% to 50.99%, reaching a threshold of 1% [1]

Core Points - The company is revising its Articles of Association, with non-substantive changes not listed individually [1] - The revised Articles of Association require approval from the shareholders' meeting through a special resolution [1] - The board of directors is seeking authorization from the shareholders' meeting to handle all matters related to the registration and filing of the revised Articles of Association [1] Summary of Management System Revisions - The company is updating several management systems to enhance operational compliance, including the Rules of Procedure for Shareholders' Meetings and Board Meetings [1] - The revisions to the Rules of Procedure for Shareholders' Meetings and Board Meetings also require special resolution approval from the shareholders' meeting [1] - The governance systems that do not require shareholder voting will be implemented after the approval of specific proposals regarding the cancellation of the supervisory board and amendments to the Articles of Association [1]

Group 1 - The company Suhao Huihong (SH 600981) announced that its 41st meeting of the 10th board of directors was held via communication on September 12, 2025, where it reviewed the proposal to cancel the supervisory board and amend the company’s articles of association [1] - For the fiscal year 2024, the revenue composition of Suhao Huihong is as follows: domestic trade accounts for 40.34%, self-operated imports for 30.82%, self-operated exports for 24.55%, transshipment business for 2.56%, and others for 1.05% [1] - As of the report date, the market capitalization of Suhao Huihong is 7.2 billion yuan [1]

江苏苏豪汇鸿集团股份有限公司 股东会议事规则 （2025 年 9 月修订） 第一章 总则 第一条 为规范江苏苏豪汇鸿集团股份有限公司（以下简称公司）行为，保 证股东会依法行使职权，根据《中华人民共和国公司法》（以下简称《公司法》）、 《中华人民共和国证券法》（以下简称《证券法》）、《上市公司股东会规则》 和《公司章程》的规定，制定本规则。 第二条 公司股东会的召集、提案、通知、召开等事项适用本规则。 第三条 公司应当严格按照法律、行政法规、本规则及《公司章程》的相关 规定召开股东会，保证股东能够依法行使权利。 公司董事会应当切实履行职责，认真、按时组织股东会。公司全体董事应当 勤勉尽责，确保股东会正常召开和依法行使职权。 第四条 股东会应当在《公司法》和《公司章程》规定的范围内行使职权。 （四）董事会认为必要时； （五）审计、合规与风控委员会提议召开时； （六）法律、行政法规、部门规章或《公司章程》规定的其他情形。 公司在上述期限内不能召开股东会的，应当报告中国证券监督管理委员会 （以下简称中国证监会）派出机构江苏监管局和上海证券交易所（以下简称上交 1 第五条 股东会分为年度股东会和临时股东会。年度股东会每 ...