浙江航民股份有限公司 2025 年第一次股东大会会议材料 浙江航民股份有限公司 2025 年第一次临时股东大会会议材料目录 | 1、2025 年第一次临时股东大会会议议程………………………………………… 3 | | --- | | 2、2025 年第一次临时股东大会会议须知………………………………………… 5 | | 3、议案一：关于聘任 2025 年度会计师事务所的议案…………………………… 6 | | 4、议案二：关于取消监事会并修订《公司章程》的议案……………………… 10 | | 5、议案三：关于修订公司《股东会议事规则》的议案………………………… 12 | | 6、议案四：关于修订公司《董事会议事规则》的议案………………………… 13 | | 7、议案五：关于提请股东大会授权董事会制定中期分红方案的议案………… 14 | 2 浙江航民股份有限公司 2025 年第一次临时股东大会会议议程 ● 现场会议时间：2025 年 8 月 28 日（星期四）下午 1:30 网络投票时间：2025 年 8 月 28 日（星期四），本次股东大会采用上 海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股东 大 ...

证券代码：600987 证券简称：航民股份 公告编号：2025-039 浙江航民股份有限公司 关于担保进展的公告 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： 担保对象及基本情况 | | | 被担保人名称 | | | 杭州航民科尔珠宝首饰有限公司 | | --- | --- | --- | --- | --- | --- | | 担 保 | 对 | 本次担保金额 | 10000.00 | 万元 | | | 象（一） | | 实际为其提供的担保余额 | 1943.50 | 万元 | | | | | 是否在前期预计额度内 | 是 | □否 | □不适用 | | | | 本次担保是否有反担保 | □是 | 否 | □不适用 | | 担 保 | 对 | 被担保人名称 本次担保金额 | 5000.00 | 杭州航民科尔贵金属有限公司 万元 | | | 象（二） | | 实际为其提供的担保余额 | 2694.06 | 万元 | | | | | 是否在前期预计额度内 | 是 | □否 | □不适用 | | | | 本 ...

Investment Rating - The report maintains a strong buy rating for the company [4][7]. Core Views - The company demonstrates resilience in its dual main businesses of dyeing and gold, with profit margins improving across various operations. Despite industry pressures, the dyeing business has seen a slight decline in revenue but an increase in profit margins, while the gold business has maintained stable income and profit despite a decrease in sales volume [1][2][3]. Summary by Sections Revenue and Profit Performance - In Q2 2025, the company's revenue grew by 0.91% year-on-year to 2.493 billion yuan, and net profit increased by 5.00% to 179 million yuan. For the first half of 2025, total revenue was 5.442 billion yuan, a decrease of 2.78%, while net profit rose by 5.51% to 315 million yuan [1][3]. Dyeing Business - The dyeing segment faced challenges from tariffs and intensified competition, resulting in a revenue of 1.769 billion yuan in H1 2025, down 8.58% year-on-year. However, the total profit for this segment was 236 million yuan, only a slight decrease of 1.36%, with a sales profit margin of 13.35%, an increase of 0.98 percentage points [2][3]. Gold Business - The gold segment managed to retain market share despite high gold prices and cautious consumer sentiment. In H1 2025, gold jewelry sales volume decreased by 17.34% to 27.244 tons, but revenue increased by 0.47% to 3.440 billion yuan, with total profit rising by 2.60% to 97 million yuan. The calculated sales profit margin was 2.81%, up by 0.06 percentage points [2][3]. Cost Control and Profit Margins - The company effectively controlled various expense ratios, leading to an increase in net profit margin. In H1 2025, the gross margin rose by 2.94 percentage points to 18.96%, while the net profit margin increased by 0.47 percentage points to 6.62%. In Q2 2025, the gross margin decreased by 2.10 percentage points to 15.40%, but the net profit margin still improved by 0.13 percentage points to 8.13% [3][4]. Financial Forecasts - The company is projected to achieve net profits of 726 million yuan, 770 million yuan, and 812 million yuan for the years 2025, 2026, and 2027, respectively, with corresponding growth rates of 1%, 6%, and 6%. The revenue forecasts for the same years are 11.530 billion yuan, 12.223 billion yuan, and 12.862 billion yuan, with growth rates of 1%, 6%, and 5% [1][8].

Group 1 - The core viewpoint of the news is that Hangmin Co., Ltd. (600987.SH) has reported significant institutional ownership, with 13 institutional investors holding a total of 654 million shares, representing 64.03% of the total share capital as of August 12, 2025 [1] - The top ten institutional investors collectively hold 63.99% of the shares, with an increase of 2.96 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, two funds have reduced their holdings compared to the previous quarter, indicating a slight decline in their share [2] - Four new public funds have disclosed their holdings this period, including several low-volatility ETFs and mixed funds [2] - Six public funds have not disclosed their holdings this period, which includes various ETFs and bond funds [2]

Financial Performance - The company's total revenue is 5.442 billion, a decrease of 155 million compared to the same period last year, representing a year-on-year decline of 2.78% [1] - The net profit attributable to shareholders is 315 million [1] - The net cash inflow from operating activities is 700 million, a decrease of 54.0972 million compared to the same period last year, reflecting a year-on-year decline of 7.18% [1] Profitability and Efficiency - The latest asset-liability ratio is 32.26% [3] - The latest gross profit margin is 18.96%, down by 3.01 percentage points from the previous quarter [3] - The latest return on equity (ROE) is 4.93% [3] - The diluted earnings per share are 0.31 yuan [4] - The total asset turnover ratio is 0.52 times, a decrease of 0.06 times compared to the same period last year, representing a year-on-year decline of 10.87% [4] - The inventory turnover ratio is 1.59 times, down by 0.61 times compared to the same period last year, reflecting a year-on-year decline of 27.64% [4] Shareholder Structure - The number of shareholders is 17,600, with the top ten shareholders holding 661 million shares, accounting for 64.73% of the total share capital [4] - The largest shareholder is Zhejiang Hangmin Industrial Group Co., Ltd., holding 45.84% [4] - Other significant shareholders include Huan Guan Jewelry Co., Ltd. (7.66%) and Hong Kong Central Clearing Limited (3.86%) [4]

Group 1 - The company has decided to cancel the supervisory board and amend its articles of association to align with the latest legal and regulatory requirements, enhancing corporate governance [2][3] - The supervisory board's responsibilities will be transferred to the audit committee of the board of directors, and relevant rules governing the supervisory board will be abolished [2] - The total number of board members will remain at nine, with eight elected by the shareholders and one employee representative elected by the employee representative assembly [2] Group 2 - The amendments to the articles of association are based on the revised Company Law of the People's Republic of China (2023) and the revised Guidelines for Articles of Association of Listed Companies (2025) [3]

Group 1 - The company has revised its articles of association, changing "shareholders' meeting" to "shareholders' assembly" and removing references to the "supervisory board" and "supervisors" [1] - The company will seek authorization from the shareholders' assembly to allow management to handle business registration changes and related matters [1] - The company plans to file the revised articles of association with the business registration authority after approval at the first extraordinary shareholders' assembly in 2025 [1] Group 2 - The third meeting of the tenth supervisory board was held on August 11, 2025, with two out of three supervisors present [3] - The supervisory board approved the company's 2025 semi-annual report, affirming that it fairly reflects the company's financial status and operational results [4] - The supervisory board also approved the proposal to cancel the supervisory board and amend the articles of association, transferring the supervisory powers to the audit committee of the board of directors [6][7] Group 3 - The company will hold its first extraordinary shareholders' assembly on August 28, 2025, using a combination of on-site and online voting [11] - The assembly will review several proposals, including the authorization for the board to formulate a mid-term dividend plan [9][65] - The company will utilize the Shanghai Stock Exchange's online voting system for shareholder participation [12][13] Group 4 - The company plans to hold a semi-annual performance briefing on August 20, 2025, to engage with investors and address their concerns [26] - The briefing will be conducted in an interactive online format, allowing investors to submit questions in advance [29] - Key company personnel, including the chairman and financial officer, will participate in the briefing [28] Group 5 - The company has proposed to appoint a new accounting firm, Crowe Horwath, for the 2025 fiscal year, replacing the previous firm, Tianjian [52][53] - The change is due to the completion of the previous firm's term and the company's evolving business needs [61] - The proposal to appoint the new accounting firm will also be submitted for approval at the upcoming extraordinary shareholders' assembly [54][62]

浙江航民股份有限公司 章 程 $$=0=\exists\exists\notin J\backslash\exists$$ | 第一章 | 总则 | ……………………………………………………………… | 1 | | --- | --- | --- | --- | | 第二章 | 经营宗旨和范围 | ………………………………………………… | 2 | | 第三章 | 股份 | ……………………………………………………………… | 2 | | 第一节 | | 股份发行 …………………………………………………… | 2 | | 第二节 | | 股份增减和回购 …………………………………………… | 3 | | 第三节 | | 股份转让 …………………………………………………… | 5 | | 第四章 | 股东和股东会 | …………………………………………………… | 5 | | 第一节 | 股东 | ………………………………………………………… | 5 | | 第二节 | | 控股股东和实际控制人 …………………………………… | 8 | | 第三节 | | 股东会的一般规定 ………………………………………… | ...

浙江航民股份有限公司 信息披露事务管理制度 (2025 年 8 月修订) 第一章 总则 第一条 为了规范浙江航民股份有限公司（以下简称"公司"）的信息披 露行为，加强信息披露事务管理，保障公司信息披露的真实、准确、完整、及 时和公平，保护投资者合法权益，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 公司信息披露管理办法》（以下简称《信息披露办法》）、《上海证券交易所 股票上市规则》（以下简称《上市规则》）等有关法律、行政法规、规范性文 件及《公司章程》，结合公司实际情况，制定本制度。 第二条 公司和相关信息披露义务人应当及时依法履行信息披露义务，披 露的信息应当真实、准确、完整，简明清晰，通俗易懂，不得有虚假记载、误 导性陈述或者重大遗漏。披露的信息应当同时向所有投资者披露，不得提前向 任何单位和个人泄露。但是，法律、行政法规另有规定的除外。 在内幕信息依法披露前，内幕信息的知情人和非法获取内幕信息的人不得 公开或者泄露该信息，不得利用该信息进行内幕交易。任何单位和个人不得非 法要求信息披露义务人提供依法需要披露但尚未披露的信息。 信息披露义务人 ...

浙江航民股份有限公司 募集资金管理办法 （2025 年 8 月修订） 第一章 总则 第一条 为规范浙江航民股份有限公司（以下简称"公司"）募集资金的管 理和使用，提高募集资金使用效益，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 市公司募集资金监管规则》（以下简称"《募集资金监管规则》"）《上海证券 交易所股票上市规则》（以下简称 "《上市规则》"）《上海证券交易所上市 公司自律监管指引第1号——规范运作》（以下简称 "《监管指引第1号》"） 等法律法规和规范性文件及《浙江航民股份有限公司章程》的相关规定，特制定 本办法。 第二条 本办法所称募集资金是指公司通过发行股票或者其他具有股权性质 的证券，向投资者募集并用于特定用途的资金，但不包括公司实施股权激励计划 募集的资金。 本办法所称超募资金是指实际募集资金净额（发行募集资金总额扣除发行费 用后的净额）超过计划募集资金金额的部分。 第三条 公司应当建立并完善募集资金存放、使用、改变用途、监督和责任 追究的内部控制制度，明确募集资金使用的分级审批权限、决策程序、风险控制 措施及信息披露要求，规范 ...