[Definitions](index=4&type=section&id=Section%201%20Definitions) This chapter defines key professional terms and company abbreviations used in the report, covering regulatory bodies, reporting period definitions, company entities, and nylon industry technical terms - This chapter primarily explains professional terms and company abbreviations used in the report, covering regulatory bodies, reporting period definitions, company entities, and technical terms specific to the nylon industry (e.g., DTY, FDY, POY)[14](index=14&type=chunk) [Company Profile and Key Financial Indicators](index=4&type=section&id=Section%202%20Company%20Profile%20and%20Key%20Financial%20Indicators) [Company Basic Information](index=4&type=section&id=I.%20Company%20Information) This chapter provides the company's basic business registration details, contact information, disclosure channels, and stock overview, with no changes to key information during the reporting period - The company's full Chinese name is Yiwu Huading Nylon Co., Ltd., with stock abbreviation Huading Shares and stock code **601113**, listed on the Shanghai Stock Exchange[13](index=13&type=chunk)[19](index=19&type=chunk) - During the reporting period, there were no changes to the company's basic information, including registered address, office address, information disclosure newspaper, and website[17](index=17&type=chunk)[18](index=18&type=chunk) [Key Accounting Data and Financial Indicators](index=5&type=section&id=VII.%20Company%20Key%20Accounting%20Data%20and%20Financial%20Indicators) Operating revenue decreased by **45.76%** due to Tongtuo Technology's deconsolidation, while net profit attributable to shareholders of the parent company slightly decreased by **6.14%**, and net cash flow from operating activities fell by **67.02%** Key Accounting Data | Key Accounting Data | Current Period (Jan-Jun) (RMB) | Prior Period (RMB) | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | | **Operating Revenue** | 2,410,859,405.92 | 4,445,031,805.82 | -45.76% | | **Net Profit Attributable to Shareholders of the Parent Company** | 152,809,170.83 | 162,798,335.48 | -6.14% | | **Net Profit Attributable to Shareholders of the Parent Company After Deducting Non-Recurring Gains and Losses** | 144,546,030.37 | 151,635,083.45 | -4.68% | | **Net Cash Flow from Operating Activities** | 146,118,679.87 | 443,076,107.28 | -67.02% | | **Total Assets (Period-End)** | 6,329,312,475.93 | 5,915,207,936.16 (Prior Year-End) | +7.00% | | **Net Assets Attributable to Shareholders of the Parent Company (Period-End)** | 3,938,237,264.08 | 3,785,428,093.25 (Prior Year-End) | +4.04% | Key Financial Indicators | Key Financial Indicators | Current Period (Jan-Jun) | Prior Period | Year-on-Year Change | | :--- | :--- | :--- | :--- | | **Basic Earnings Per Share (RMB/share)** | 0.14 | 0.15 | -6.67% | | **Weighted Average Return on Net Assets (%)** | 3.96 | 4.82 | Decrease of 0.86 percentage points | | **Weighted Average Return on Net Assets After Deducting Non-Recurring Gains and Losses (%)** | 3.74 | 4.50 | Decrease of 0.76 percentage points | [Non-Recurring Gains and Losses](index=6&type=section&id=IX.%20Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) Total non-recurring gains and losses amounted to **8.26 million RMB**, primarily from government grants and settlement agreement expenses Non-Recurring Gains and Losses | Non-Recurring Gains and Losses Item | Amount (RMB) | | :--- | :--- | | Government Grants | 18,867,716.96 | | Gains and Losses from Changes in Fair Value and Disposal of Financial Assets | 4,476,457.47 | | Other Non-Operating Income and Expenses | -13,556,654.93 | | **Total** | **8,263,140.46** | [Management Discussion and Analysis](index=7&type=section&id=Section%203%20Management%20Discussion%20and%20Analysis) [Industry and Principal Business](index=7&type=section&id=I.%20Description%20of%20the%20Company's%20Industry%20and%20Principal%20Business%20During%20the%20Reporting%20Period) The company specializes in high-quality, differentiated civilian nylon filaments, adopting a combined make-to-order and make-to-stock production model, with the textile industry showing stable growth - The company's principal business involves the R&D, production, and sales of high-quality, differentiated civilian nylon filaments, with six main product categories including DTY, FDY, and ACY, covering both Nylon 6 and Nylon 66[29](index=29&type=chunk)[30](index=30&type=chunk) - The company's operating model features procurement primarily based on annual contracts, production combining make-to-order and make-to-stock strategies, and sales conducted through domestic regional divisions and foreign trade departments[30](index=30&type=chunk)[31](index=31&type=chunk) [Discussion and Analysis of Operations](index=8&type=section&id=II.%20Discussion%20and%20Analysis%20of%20Operating%20Conditions) Total assets grew by **7%** to **6.33 billion RMB**, but revenue declined by **45.76%** due to deconsolidation; the company focused on management systems, lean production, R&D, and new project investments - The significant decline in revenue is primarily attributed to the cross-border e-commerce segment (Tongtuo Technology) no longer being included in the consolidated financial statements from July 2024[31](index=31&type=chunk)[32](index=32&type=chunk) - The company's key initiatives include: establishing three core process management systems (IPD, LTC, ITR); promoting lean production for cost reduction and efficiency improvement; optimizing differentiated product structures to enhance flexible manufacturing capabilities; increasing R&D investment and establishing a research institute; and investing **2.74 billion RMB** in the construction of a '200,000-ton PA6 Functional Nylon Filament Project'[33](index=33&type=chunk)[34](index=34&type=chunk) [Analysis of Core Competencies](index=9&type=section&id=III.%20Analysis%20of%20Core%20Competencies%20During%20the%20Reporting%20Period) The company's core competencies span brand, product, technology, R&D, intelligent manufacturing, organizational management, and green development, including a recognized 'Future Factory' - The company possesses comprehensive competitive advantages in brand, product, technology, R&D, intelligent manufacturing, organizational management, and green development[35](index=35&type=chunk)[36](index=36&type=chunk)[37](index=37&type=chunk) - The company's 'Huading Wuzhou Nylon Fiber Future Factory' has been selected as a Zhejiang Province Future Factory and features national intelligent manufacturing excellent scenarios such as 'precise delivery' and 'smart warehousing'[36](index=36&type=chunk) - The company actively develops green and environmentally friendly products, with its recycled nylon fiber products from the waste yarn granulation project having obtained GRS (Global Recycled Standard) certification[37](index=37&type=chunk) [Analysis of Key Operating Conditions](index=10&type=section&id=IV.%20Key%20Operating%20Conditions%20During%20the%20Reporting%20Period) This chapter details the company's operating status, with financial data showing significant declines in operating revenue and selling expenses due to the deconsolidation of Tongtuo Technology; asset and liability changes reflect substantial increases in construction in progress and other non-current assets from new project investments; the company initiated several major nylon filament projects, and Zhejiang Yate New Material Co., Ltd. emerged as the primary profit contributor among subsidiaries [Analysis of Principal Business](index=10&type=section&id=4.1%20Analysis%20of%20Principal%20Business) Operating revenue, costs, and selling expenses significantly decreased due to Tongtuo Technology's deconsolidation; investment cash flow showed a large outflow for projects, while financing cash flow increased from long-term borrowings Key Operating Data Changes | Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | Change (%) | Primary Reason | | :--- | :--- | :--- | :--- | :--- | | **Operating Revenue** | 2,410,859,405.92 | 4,445,031,805.82 | -45.76 | Deconsolidation of Tongtuo Technology | | **Selling Expenses** | 21,653,230.54 | 416,299,207.68 | -94.80 | Deconsolidation of Tongtuo Technology | | **Net Cash Flow from Investment Activities** | -582,096,216.30 | -282,006,162.72 | -106.41 | Increased investment in projects under construction | | **Net Cash Flow from Financing Activities** | 480,573,754.68 | -336,950,646.14 | 242.62 | Increase in long-term bank borrowings | [Analysis of Assets and Liabilities](index=11&type=section&id=4.2%20Analysis%20of%20Assets%20and%20Liabilities) Construction in progress and other non-current assets significantly increased due to new project investments; financing for accounts receivable grew, and long-term borrowings rose to **473 million RMB** Key Asset and Liability Changes | Item Name | Current Period-End Amount (RMB) | Prior Year-End Amount (RMB) | Change (%) | Primary Reason | | :--- | :--- | :--- | :--- | :--- | | **Construction in Progress** | 466,283,561.67 | 140,129,026.45 | 232.75 | Increased investment in Wuzhou projects under construction | | **Other Non-Current Assets** | 356,227,452.22 | 189,540,108.90 | 87.94 | Increase in prepaid equipment purchases | | **Financing for Accounts Receivable** | 243,228,937.83 | 130,940,519.09 | 85.76 | Increase in bank acceptance bills received | | **Long-Term Borrowings** | 473,146,666.00 | - | - | Increase in long-term borrowings | [Analysis of Investment Status](index=12&type=section&id=4.3%20Analysis%20of%20Investment%20Status) The company initiated three major nylon filament expansion projects totaling **4.72 billion RMB** to enhance competitiveness, while trading financial assets decreased by **58%** - The company initiated three major investment projects: - A 65,000-ton per year high-quality differentiated PA6 nylon filament project, with a total investment of **950 million RMB** - A 60,000-ton per year high-quality PA66 nylon filament project, with a total investment of **1.03 billion RMB** - A 200,000-ton PA6 functional nylon filament project, with a total investment of **2.74 billion RMB**[46](index=46&type=chunk)[47](index=47&type=chunk) - The period-end balance of trading financial assets (wealth management products) was **270 million RMB**, a significant decrease from **644 million RMB** at the beginning of the period, primarily due to the redemption of wealth management products[49](index=49&type=chunk) [Analysis of Major Holding and Participating Companies](index=14&type=section&id=4.4%20Analysis%20of%20Major%20Holding%20and%20Participating%20Companies) Zhejiang Yate New Material Co., Ltd. was the primary profit source, achieving **582.21 million RMB** in revenue and **49.10 million RMB** in net profit, while other subsidiaries showed mixed performance Performance of Major Holding and Participating Companies | Company Name | Business Type | Operating Revenue (Ten Thousand RMB) | Net Profit (Ten Thousand RMB) | | :--- | :--- | :--- | :--- | | **Zhejiang Yate New Material Co., Ltd.** | Chemical Fiber Manufacturing, Sales | 58,221.08 | 4,910.12 | | **Yiwu Dingte New Material Co., Ltd.** | New Material Technology R&D | 9,050.66 | 472.12 | | **Jiangxi Jihao New Material Co., Ltd.** | Synthetic Fiber Manufacturing | 12,432.70 | -388.07 | | **Jiangsu Youlian Environmental Development Co., Ltd.** | Environmental Governance Engineering | 2,030.45 | -331.42 | [Potential Risks](index=15&type=section&id=V.%20Other%20Disclosure%20Matters) The company faces major risks including industry cycles, market competition, litigation from prior information disclosure violations, M&A integration, and exchange rate fluctuations - The company faces major risks including: industry cyclical fluctuations, intensified market competition, litigation risks arising from prior information disclosure violations, M&A integration risks, and exchange rate fluctuations[54](index=54&type=chunk)[55](index=55&type=chunk)[56](index=56&type=chunk) [Corporate Governance, Environment, and Society](index=17&type=section&id=Section%204%20Corporate%20Governance,%20Environment,%20and%20Society) [Profit Distribution Plan](index=17&type=section&id=II.%20Profit%20Distribution%20or%20Capital%20Reserve%20Conversion%20Plan) The board resolved no profit distribution or capital reserve to share capital conversion plan for the current reporting period - No profit distribution or capital reserve to share capital conversion will be carried out for the first half of 2025[59](index=59&type=chunk) [Environmental Information Disclosure](index=17&type=section&id=IV.%20Environmental%20Information%20of%20Listed%20Companies%20and%20Their%20Major%20Subsidiaries%20Included%20in%20the%20List%20of%20Enterprises%20Required%20to%20Disclose%20Environmental%20Information%20by%20Law) The company and its subsidiary, Zhejiang Yate New Material Co., Ltd., are included in the list of enterprises required to disclose environmental information by law - A total of **2** entities, the company itself and its subsidiary Zhejiang Yate New Material Co., Ltd., are included in the list of enterprises required to disclose environmental information by law[60](index=60&type=chunk) [Significant Matters](index=19&type=section&id=Section%205%20Significant%20Matters) [Fulfillment of Commitments](index=19&type=section&id=I.%20Fulfillment%20of%20Commitments) All parties fulfilled commitments, with Yate New Material successfully meeting its 2024 performance commitment for net profit after deducting non-recurring gains and losses - The controlling shareholder, Zhenai Group, is fulfilling its commitments regarding resolving horizontal competition, regulating related-party transactions, and maintaining the independence of the listed company[63](index=63&type=chunk)[64](index=64&type=chunk) - Regarding the performance commitment for the acquisition of Yate New Material, the committed net profit after deducting non-recurring gains and losses for 2024 was no less than **108.74 million RMB**, which has been successfully met[66](index=66&type=chunk)[71](index=71&type=chunk) [Significant Related-Party Transactions](index=23&type=section&id=X.%20Significant%20Related-Party%20Transactions) The company engaged in daily related-party transactions; Yate New Material exceeded its 2024 performance commitment, leading to the payment of the remaining equity transfer, and achieved **53.19 million RMB** in net profit after deducting non-recurring gains and losses in H1 2025 - In 2024, Yate New Material achieved a net profit after deducting non-recurring gains and losses of **122.06 million RMB**, fulfilling its annual performance commitment of **108.74 million RMB**[72](index=72&type=chunk) - From January to June 2025, Yate New Material achieved a net profit after deducting non-recurring gains and losses of **53.19 million RMB**[72](index=72&type=chunk) [Significant Contracts and Guarantees](index=25&type=section&id=XI.%20Significant%20Contracts%20and%20Their%20Fulfillment) No external guarantees were issued, but guarantees for subsidiaries totaled **215 million RMB**, representing **5.67%** of net assets, all within the approved **3.5 billion RMB** limit Guarantee Information | Guarantee Status | Amount (Ten Thousand RMB) | | :--- | :--- | | **Total Guarantee Balance for Subsidiaries at Period-End** | 21,451.00 | | **Ratio of Total Guarantees to Company Net Assets (%)** | 5.67% | | **Total Financing Guarantee Limit Authorized by Shareholders' Meeting** | 350,000.00 | [Other Significant Matters](index=27&type=section&id=XIII.%20Explanation%20of%20Other%20Significant%20Matters) The company is advancing a private placement to its controlling shareholder, Zhenai Group, to raise up to **708 million RMB** for a new nylon filament expansion project - The company is proceeding with a private placement to its controlling shareholder, Zhenai Group, aiming to raise no more than **708 million RMB** for the construction of expansion projects[78](index=78&type=chunk) [Share Changes and Shareholder Information](index=27&type=section&id=Section%206%20Share%20Changes%20and%20Shareholder%20Information) [Share Capital Changes](index=27&type=section&id=I.%20Share%20Capital%20Changes) The company's total share capital and equity structure remained unchanged during the reporting period - During the reporting period, the company's total share capital and equity structure remained stable, with no changes occurring[80](index=80&type=chunk) [Shareholder Information](index=27&type=section&id=II.%20Shareholder%20Information) The company had **26,016** shareholders; controlling shareholder Zhenai Group's total voting rights decreased from **24.99%** to **15.73%** after the reporting period due to terminated entrustments - As of the end of the reporting period, the total number of shareholders was **26,016**[80](index=80&type=chunk) Top Shareholders | Shareholder Name | Period-End Shareholding (shares) | Proportion (%) | | :--- | :--- | :--- | | Zhenai Group Co., Ltd. | 107,377,265 | 9.72 | | Yiwu Financial Holdings Co., Ltd. | 99,077,372 | 8.97 | | Fuxin Bank Co., Ltd. | 75,874,337 | 6.87 | | Yiwu Economic and Technological Development Zone Development Co., Ltd. | 66,255,368 | 6.00 | - Controlling shareholder Zhenai Group collectively controls the company through direct shareholding and accepted voting rights entrustment; subsequent to the reporting period, due to the termination of some entrustments, its total voting rights proportion decreased from **24.99%** to **15.73%**[84](index=84&type=chunk)[85](index=85&type=chunk) [Bond-Related Information](index=30&type=section&id=Section%207%20Bond-Related%20Information) The company had no outstanding corporate bonds, enterprise bonds, non-financial enterprise debt financing instruments, or convertible corporate bonds during the reporting period - During the reporting period, the company had no outstanding corporate bonds, enterprise bonds, non-financial enterprise debt financing instruments, or convertible corporate bonds[88](index=88&type=chunk) [Financial Report](index=31&type=section&id=Section%208%20Financial%20Report) [Key Financial Statements](index=31&type=section&id=II.%20Financial%20Statements) Unaudited consolidated and parent company financial statements show steady asset growth, revenue decline due to divestiture, stable net profit, and significant cash outflow from investing activities for new projects Consolidated Balance Sheet Summary (June 30, 2025) | Consolidated Financial Statement Summary (June 30, 2025) | Amount (RMB) | | :--- | :--- | | **Total Assets** | 6,329,312,475.93 | | **Total Liabilities** | 2,384,633,667.53 | | **Equity Attributable to Owners of the Parent Company** | 3,938,237,264.08 | Consolidated Income Statement Summary (January-June 2025) | Consolidated Income Statement Summary (January-June 2025) | Amount (RMB) | | :--- | :--- | | **Total Operating Revenue** | 2,410,859,405.92 | | **Total Profit** | 175,607,658.87 | | **Net Profit** | 150,727,379.34 | | **Net Profit Attributable to Shareholders of the Parent Company** | 152,809,170.83 | Consolidated Cash Flow Statement Summary (January-June 2025) | Consolidated Cash Flow Statement Summary (January-June 2025) | Amount (RMB) | | :--- | :--- | | **Net Cash Flow from Operating Activities** | 146,118,679.87 | | **Net Cash Flow from Investment Activities** | -582,096,216.30 | | **Net Cash Flow from Financing Activities** | 480,573,754.68 | | **Net Increase in Cash and Cash Equivalents** | 49,252,986.66 | [Significant Accounting Policies and Estimates](index=51&type=section&id=V.%20Significant%20Accounting%20Policies%20and%20Estimates) This chapter details the basis for financial statement preparation, compliance with accounting standards, and significant accounting policies and estimates, with no major changes during the reporting period - Financial statements are prepared on a going concern basis, in accordance with Chinese Enterprise Accounting Standards[123](index=123&type=chunk)[124](index=124&type=chunk) - Revenue recognition policy: revenue from nylon fiber sales is recognized when control of the goods is transferred (for domestic sales, upon shipment and invoicing; for export sales, upon FOB); revenue from environmental engineering construction is recognized based on the progress of performance (input method)[284](index=284&type=chunk)[285](index=285&type=chunk) - R&D expenditures: development phase expenditures are capitalized if conditions such as technical feasibility, clear intent, and resource support are met, otherwise they are expensed; all R&D expenditures during the reporting period were expensed[253](index=253&type=chunk)[466](index=466&type=chunk) [Notes to Consolidated Financial Statement Items](index=87&type=section&id=VII.%20Notes%20to%20Consolidated%20Financial%20Statement%20Items) Period-end construction in progress significantly increased to **466 million RMB** due to project investments; restricted assets totaled **1.14 billion RMB** for secured borrowings, and long-term borrowings rose to **473 million RMB** - The period-end book value of construction in progress was **466 million RMB**, a significant increase from **140 million RMB** at the beginning of the period, primarily due to increased investment in the ongoing '65,000-ton per year high-quality differentiated PA6 nylon filament project' and '60,000-ton per year high-quality PA66 nylon filament project'[376](index=376&type=chunk)[378](index=378&type=chunk) - The total period-end book value of assets with restricted ownership or use rights was **1.14 billion RMB**, mainly comprising monetary funds, fixed assets, intangible assets, and investment properties used for secured borrowings[396](index=396&type=chunk) - The period-end balance of long-term borrowings was **473 million RMB**, entirely consisting of secured borrowings, with a zero balance for this item at the beginning of the period[417](index=417&type=chunk)

华鼎股份公告，2025年上半年营业收入24.11亿元，同比下降45.76%。净利润1.53亿元，同比下降 6.14%。 ...

Group 1 - The company has provided a guarantee of RMB 10 million for its wholly-owned subsidiary, Jiangxi Jihao New Materials Co., Ltd., to support its operational needs [1] - The total guarantee amount authorized for Jiangxi Jihao is up to RMB 200 million, as approved by the company's board and shareholders [2] - Jiangxi Jihao is engaged in synthetic fiber manufacturing and related activities, and it is a wholly-owned subsidiary of the company [3][6] Group 2 - The guarantee is structured as a joint liability guarantee, with a guarantee period of three years following the maturity of the principal debt [7] - The main debt amount secured by the guarantee is RMB 10 million, which includes principal, interest, penalties, and other related costs [7] - The necessity and reasonableness of the guarantee are justified by the need to ensure the smooth operation of the subsidiary, with no significant risks to the company's debt repayment ability [8] Group 3 - As of the announcement date, the company has a total guarantee balance of RMB 224.51 million for its subsidiaries, representing 5.93% of the company's audited net assets for 2024 [9]

证券日报网讯8月13日晚间，华鼎股份（601113）发布公告称，截至公告披露日，公司对控股子公司实 际担保余额22，451.00万元，占公司2024年度经审计净资产的比例为5.93%，均为公司对控股子公司、 孙公司的担保。公司不存在逾期担保情况。 ...

累计担保情况 | 对外担保逾期的累计金额（万元） | 0 | | --- | --- | | 截至本公告日上市公司及其控股子公司 | 22,451.00 | | 对外担保总额（万元） | | | 对外担保总额占上市公司最近一期经审 | 5.93 | | 计净资产的比例（%） | □对外担保总额超过最近一期经审计净资产 100% | | | □担保金额超过上市公司最近一期经审计净资产 50% | | 特别风险提示（如有请勾选） | □对合并报表外单位担保金额达到或超过最近一期经审 | | | 计净资产 30%的情况下 | | | □对资产负债率超过 70%的单位提供担保 | | 其他风险提示（如有） 无 | | 一、担保情况概述 证券代码：601113 证券简称：华鼎股份 公告编号：2025-033 义乌华鼎锦纶股份有限公司 关于为子公司提供融资担保的进展公告 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 | 江西集好新材料有限公司 | | --- | --- | -- ...

Company Overview - Huading Co., Ltd. latest stock price is 4.12 yuan, an increase of 0.03 yuan from the previous trading day [1] - The stock reached a high of 4.16 yuan and a low of 4.07 yuan during the trading session, with a trading volume of 96,668 hands and a transaction amount of 0.40 billion yuan [1] Business Operations - The company is primarily engaged in the research, production, and sales of high-quality, differentiated nylon filament for civilian use [1] - Huading Co., Ltd. operates within the chemical fiber industry and is registered in Zhejiang Province [1] Investor Interaction - Recently, the company responded to investor inquiries on its interactive platform, stating that its business operations do not involve the management of plastic chemicals [1] - This response was in relation to questions about the disclosure of plastic chemical management information in the ESG report [1] Financial Flow - On August 5, Huading Co., Ltd. experienced a net outflow of main funds amounting to 631.15 million yuan, with a cumulative net outflow of 2,023.64 million yuan over the past five trading days [1]

Group 1 - The company, Huading Co., Ltd. (601113.SH), focuses on the research, production, and sales of high-quality, differentiated nylon filament for civilian use [1] - The company does not engage in the management of plastic chemicals during its business operations [1]

Market Overview - On August 1, the internet e-commerce sector rose by 0.25% compared to the previous trading day, with JiaoDian Technology leading the gains [1] - The Shanghai Composite Index closed at 3559.95, down 0.37%, while the Shenzhen Component Index closed at 10991.32, down 0.17% [1] Top Performers - JiaoDian Technology (002315) closed at 56.68, up 5.71% with a trading volume of 185,600 shares and a transaction value of 1.024 billion yuan [1] - XingHui Co., Ltd. (300464) closed at 5.52, up 2.79% with a trading volume of 149,200 shares [1] - KaiChun Co., Ltd. (301001) closed at 32.57, up 2.42% with a trading volume of less than 39,200 shares [1] Underperformers - RuoYuChen (003010) closed at 49.39, down 4.00% with a trading volume of 105,100 shares and a transaction value of 518 million yuan [2] - LiRenLiZhuang (605136) closed at 9.78, down 2.59% with a trading volume of 206,900 shares [2] - JiHong Co., Ltd. (002803) closed at 16.51, down 2.02% with a trading volume of 166,700 shares [2] Capital Flow - The internet e-commerce sector experienced a net outflow of 91.4972 million yuan from institutional investors, while retail investors saw a net inflow of 20.7095 million yuan [2] - The sector's overall capital flow indicates a mixed sentiment among different investor types [2] Individual Stock Capital Flow - JiaoDian Technology saw a net outflow of 36.6713 million yuan from institutional investors, while retail investors had a net outflow of 18.1643 million yuan [3] - SanTai Co., Ltd. (301558) had a net inflow of 24.8253 million yuan from institutional investors, but a significant net outflow of 80.3858 million yuan from retail investors [3] - Lion Head Co., Ltd. (600539) experienced a net inflow of 8.9907 million yuan from institutional investors, with a slight net outflow from retail investors [3]

金融界消息 截至2025年7月30日收盘，华鼎股份（601113）报收于4.13元，上涨0.24%，换手率1.26%， 成交量13.95万手，成交金额5755.97万元。 资金流向方面，今日主力资金净流出1130.79万元，占比成交额19.65%。其中，超大单净流出224.70万 元、占成交额3.9%，大单净流出906.09万元、占成交额15.74%，中单净流出流入684.19万元、占成交额 11.89%，小单净流入446.60万元、占成交额7.76%。 天眼查商业履历信息显示，义乌华鼎锦纶股份有限公司，成立于2002年，位于金华市，是一家以从事化 学纤维制造业为主的企业。企业注册资本110415.2226万人民币，实缴资本110415.2226万人民币。公司 法定代表人为郑期中。 通过天眼查大数据分析，义乌华鼎锦纶股份有限公司共对外投资了19家企业，参与招投标项目27次，知 识产权方面有商标信息19条，专利信息47条，此外企业还拥有行政许可34个。 来源：金融界 华鼎股份最新一期业绩显示，截至2025一季报，公司营业总收入11.56亿元、同比减少44.53%，归属净 利润9448.68万元，同比增长17.2 ...

Core Viewpoint - The announcement details a change in voting rights due to the termination of a voting rights entrustment agreement between the controlling shareholder, Zhenai Group, and its concerted actors, which does not trigger a mandatory takeover bid [1][2]. Group 1: Changes in Shareholding Structure - Before the change, Zhenai Group held a total of 275,882,505 shares (24.99% of total shares) through direct holdings and voting rights entrustment [1][2]. - After the change, Zhenai Group's total shares held will decrease to 173,632,633 shares (15.73%), with the voting rights from entrusted shares dropping from 168,505,240 shares (15.26%) to 66,255,368 shares (6.00%) [2]. Group 2: Details of the Termination Agreement - The termination agreement was signed between Zhenai Group and its concerted actors, Yiwu Financial Holdings and Yiwu Shunhe, to revoke the voting rights entrustment for a total of 9.26% of shares [1][3]. - The agreement stipulates that the voting rights relationship is immediately terminated, and Zhenai Group will no longer hold any voting rights associated with the entrusted shares [5][6]. Group 3: Implications of the Change - The change in voting rights does not affect the status of the controlling shareholder or the actual controller of the company [1][2]. - The company emphasizes that this change will not adversely impact corporate governance or ongoing operations [6].