证券代码：601065 证券简称：江盐集团 公告编号：2025-038 （一） 会议召开时间：2025 年 9 月 15 日下午 15:00-16:00 江西省盐业集团股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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： 投资者可于 2025 年 9 月 15 日(星期一)前，访问网址 https://eseb.cn/1r6Ah9 XfXA4 进行会前提问，或将需要了解的情况和关注问题通过邮件发送至公司邮 箱 jydb_office@163.com，公司将在说明会上对投资者普遍关注的问题进行回答。 江西省盐业集团股份有限公司（以下简称"公司"）拟于 2025 年 9 月 15 日下午 15:00-16:00 举行 2025 年半年度业绩说明会（以下简称"说明会"），就 投资者关心的问题进行沟通交流。具体情况如下： 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 年半年度业绩的 具体情况与投资者进行互动交流和沟通，在信息披露允许的范 ...

Group 1 - The company, Jiangyan Group (601065), reported that as of August 29, 2025, the number of shareholders is 36,428 [1]

Group 1 - On August 29, Jiangyan Group executed a block trade of 1.1842 million shares, with a transaction amount of 8.9999 million yuan, accounting for 16.34% of the total transaction volume for the day [1] - The transaction price was 7.6 yuan, which represents a discount of 10.17% compared to the market closing price of 8.46 yuan [1]

Core Viewpoint - Jiangyan Group reported a significant decline in financial performance for the first half of 2025, with net profit down 45.36% and total revenue down 18.98% compared to the previous year [1][6]. Financial Performance Summary - Total revenue for the first half of 2025 was 1.142 billion yuan, a decrease of 18.98% from 1.41 billion yuan in 2024 [1]. - Net profit attributable to shareholders was 148 million yuan, down 45.36% from 270 million yuan in the previous year [1][6]. - The gross profit margin fell to 31.48%, a decline of 16.4% year-on-year, while the net profit margin decreased to 13.39%, down 32.78% [1]. - Operating expenses, including sales, management, and financial costs, totaled 132 million yuan, accounting for 11.56% of revenue, an increase of 11.48% year-on-year [1]. - Earnings per share dropped to 0.23 yuan, a decrease of 45.24% from 0.42 yuan in 2024 [1]. Cash Flow and Financial Metrics - Operating cash flow per share was 0.39 yuan, down 30.09% from 0.55 yuan [1]. - The company experienced a 30.09% decline in net cash flow from operating activities due to reduced cash receipts from sales [3]. - The company's return on invested capital (ROIC) was 10.6% last year, indicating average capital returns [5]. Changes in Financial Items - Financial expenses increased by 47.13% due to decreased interest income from idle funds [3]. - Accounts receivable rose by 31.63% to 68.1 million yuan, indicating a potential increase in credit risk [1]. - The company reported a 168.88% increase in credit impairment losses, attributed to the recovery of previously written-off receivables [4]. Operational Challenges - The decline in revenue was primarily due to a significant drop in the prices of the company's main products, influenced by macroeconomic conditions [5][6]. - The company faced a 10.95% decrease in operating costs, benefiting from lower raw material prices and improved cost management [4].

Core Insights - Jiangyan Group reported a significant decline in net profit by 45.36% year-on-year for the first half of 2025, with total revenue decreasing by 18.98% to 1.142 billion yuan [1] - The company's gross margin fell to 31.48%, down 16.4% year-on-year, while net margin decreased to 13.39%, down 32.78% [1] Financial Performance - Total revenue for the second quarter was 570 million yuan, a year-on-year decrease of 20.56%, with net profit for the same period at 72.977 million yuan, down 43.93% [1] - The total of selling, administrative, and financial expenses reached 132 million yuan, accounting for 11.56% of revenue, an increase of 11.48% year-on-year [1] - Earnings per share dropped to 0.23 yuan, a decrease of 45.24% year-on-year, while operating cash flow per share was 0.39 yuan, down 30.09% [1] Changes in Financial Items - Accounts receivable financing decreased by 30.61% due to a reduction in bank acceptance bills [2] - Construction in progress saw a significant decline of 56.28% due to an increase in unpaid engineering and equipment costs [2] - Prepayments increased dramatically by 297.16% due to higher prepaid but unsettled freight costs [2] - Revenue decreased by 18.98% primarily due to a significant drop in product prices [2] - Operating costs fell by 10.95% due to lower raw material prices and improved cost management [2] Cash Flow and Profitability - Net cash flow from operating activities decreased by 30.09% due to reduced cash receipts from sales [3] - Credit impairment losses increased by 168.88% as a result of recovering previously written-off receivables [3] - Total profit decreased by 45.68% due to ongoing price declines in key products, leading to reduced gross margins [3] Business Evaluation - The company's return on invested capital (ROIC) was 10.6%, indicating average capital returns, while the net profit margin was 17.85%, suggesting high added value [4] - Historical data shows a median ROIC of 8.26% since the company went public, with the worst year being 2019 at 3.8% [4]

Core Viewpoint - Jiangxi Salt Industry Group Co., Ltd. has released its 2025 semi-annual report, ensuring the accuracy and completeness of the information provided, and confirming that there are no significant omissions or misleading statements [1][3][24]. Group 1: Company Overview - Jiangxi Salt Industry Group Co., Ltd. is identified by the stock code 601065 and is engaged in the salt industry [3][31]. - The company has confirmed that there are no changes in the controlling shareholder or actual controller during the reporting period [2]. Group 2: Financial Data - The company raised a total of RMB 1,657.6 million through the issuance of 16 million shares at a price of RMB 10.36 per share, with a net amount of RMB 1,550.83 million after deducting issuance costs [7]. - As of June 30, 2025, the balance of the raised funds was RMB 492.21 million, including interest income [10]. Group 3: Fund Management - The company has established a special account for the management of raised funds, ensuring that all funds are stored and used in compliance with regulations [9][21]. - The company has not used idle raised funds to temporarily supplement working capital during the reporting period [13]. Group 4: Operational Performance - The average purchase price of coal during the reporting period was RMB 673.22 per ton, reflecting a decrease of RMB 185.40 per ton, or 21.59% year-on-year [3]. - There were no significant operational changes or events that impacted the company's production and operations during the reporting period [4]. Group 5: Board and Supervisory Committee Resolutions - The board of directors and the supervisory committee have approved the semi-annual report and the special report on the storage and actual use of raised funds, confirming that the reports are accurate and complete [24][36]. - The board meeting was held in accordance with legal and regulatory requirements, with all members present [32].

Group 1 - The company held its 24th meeting of the second Supervisory Board on August 25, 2025, via communication methods, with all four supervisors present, confirming the meeting's legality and validity [1] - The Supervisory Board approved the 2025 Half-Year Report, affirming that the report accurately reflects the company's operational status without any false records or omissions [1] - The Supervisory Board also approved the Special Report on the Storage and Actual Use of Raised Funds for the first half of 2025, confirming compliance with relevant regulations and proper management of the funds [2] Group 2 - The Supervisory Board approved the 2025 Annual Financial Budget Report, which will be submitted for shareholder meeting approval [2]

Core Viewpoint - Jiangxi Salt Industry Group Co., Ltd. reported a steady operational performance in the first half of the year, achieving a revenue of 1.142 billion yuan and a net profit of 148 million yuan [1] Group 1: Financial Performance - The company achieved a revenue of 1.142 billion yuan and a net profit of 148 million yuan in the first half of the year, indicating stable growth [1] - The company completed the production of 2.1488 million tons of various products, with salt product production reaching 1.6148 million tons, a year-on-year increase of 13.68% [3] Group 2: Market Trends - The export volume increased by 22.9% year-on-year, with products sold to over 30 countries and regions, maintaining a leading position in the industry [3] - The overall market for salt products is experiencing a decline in prices due to excess supply, while consumer preferences are shifting towards functional and health-oriented salt products [2] Group 3: Innovation and Sustainability - The company is actively developing a green circular economy model, focusing on comprehensive utilization of salt resources and integrating various processes within the salt chemical industry [4] - Innovative technologies such as two-phase flow circulation injection wells have been developed to address environmental challenges and improve economic efficiency [4][5] - The company has launched eight new salt products in April, enhancing its product structure and meeting diverse consumer demands [6]

Group 1 - The company, Jiangyan Group (601065.SH), reported a revenue of 1.142 billion yuan for the first half of 2025, representing a year-on-year decline of 18.98% [1] - The net profit attributable to shareholders was 148 million yuan, down 45.36% year-on-year [1] - The net profit after deducting non-recurring items was 135 million yuan, a decrease of 48.47% compared to the previous year [1] - The basic earnings per share stood at 0.23 yuan [1]

Group 1 - Jiangyan Group (SH 601065) announced on August 25 that its 40th board meeting for the second session was held, where the performance target responsibility letter for the management team for 2025 was reviewed [1] - For the year 2024, Jiangyan Group's revenue composition is as follows: salt business accounts for 51.09%, salt chemical business accounts for 44.86%, other businesses account for 2.65%, and other categories account for 1.4% [1] - As of the report date, Jiangyan Group's market capitalization is 5.6 billion yuan [1] Group 2 - The A-share market has seen trading volumes exceed 2 trillion yuan for eight consecutive days, indicating strong market activity [1] - Major industry players are actively recruiting for the autumn season, with 25 job positions available, highlighting a demand for talent in the sector [1]