证券代码：601718 证券简称：际华集团 公告编号：临 2025-051 际华集团股份有限公司 第六届董事会第十三次会议决议公告 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。 际华集团股份有限公司（以下简称"公司"）第六届董事会第十三次会议于 2025 年 10 月 27 日召开，会议采取通讯表决方式进行。应出席会议的董事 7 人， 实际出席会议的董事 7 人。会议按照会议通知所列议程进行，会议召集、出席会 议董事人数、召开程序等符合有关法律法规和公司章程规定。会议经审议，形成 如下决议： 一、审议通过关于《2025 年第三季度报告》的议案 三、审议通过关于《预挂牌转让子公司股权及相关债权》的议案 表决结果：7 票同意、0 票弃权、0 票反对。 具体内容详见公司于同日在上海证券交易所网站（www.sse.com.cn）披露的 《际华集团关于预挂牌转让子公司股权及相关债权的公告》（公告编号：临 2025-054）。 特此公告。 际华集团股份有限公司董事会 表决结果：7 票同意、0 票弃权、0 票反对。 2025 年第三季度报 ...

Group 1 - The core point of the article is that Jihua Group announced the results of its 13th board meeting and provided insights into its revenue composition for the first half of 2025 [1] - Jihua Group's revenue composition for the first half of 2025 shows that manufacturing accounts for 97.04%, other businesses for 4.4%, and trade and others for 4.07%, with internal offsets at -5.51% [1] - As of the report, Jihua Group's market capitalization stands at 16.2 billion yuan [1] Group 2 - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation, with technology leading the market's transformation [1] - The article suggests that a "slow bull" market pattern is emerging, indicating a new market structure [1]

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。 第三季度财务报表是否经审计 □是√否 一、主要财务数据 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 际华集团股份有限公司 2025 年第三季度报告 证券代码：601718 证券简称：际华集团 际华集团股份有限公司 2025 年第三季度报告 际华集团股份有限公司 2025 年第三季度报告 | 基本每股收益（元/股） | -0.024 | 不适用 | -0.042 | | 不适用 | | --- | --- | --- | --- | --- | --- | | 稀释每股收益（元/股） | -0.024 | 不适用 | -0.042 | | 不适用 | | 加权平均净资产收益率（%） | -0.87 | 减少 0.72 | | 减少 个百 1.24 | | ...

Core Viewpoint - The company plans to transfer 100% equity and related debts of Changchun Jihua Investment Construction Co., Ltd. through a pre-listing on the property exchange by October 27, 2025 [1] Financial Summary - As of August 31, 2025, Changchun Jihua's total assets amounted to 156 million, total liabilities were 982 million, and owner's equity stood at -826 million, with operating income of 3.29 million and a net loss of 8.25 million [1] - As of December 31, 2024, total assets were 287 million, total liabilities reached 1.105 billion, owner's equity was -818 million, with operating income of 6.05 million and a net loss of 143.2 million [1] Transaction Details - The assessment work for the transaction is still ongoing, and details regarding the counterparty, transaction price, and payment method have yet to be determined [1]

Market Overview - The apparel and home textile sector increased by 0.08% compared to the previous trading day, with Zhongyin Fashion leading the gains [1] - The Shanghai Composite Index closed at 3913.76, down 0.07%, while the Shenzhen Component Index closed at 12996.61, down 0.62% [1] Stock Performance - Zhongyin Fashion (300901) closed at 18.42, up 5.38% with a trading volume of 109,100 shares and a turnover of 200 million yuan [1] - Langsha Co., Ltd. (600137) closed at 20.45, up 3.39% with a trading volume of 61,800 shares and a turnover of 125 million yuan [1] - Other notable performers include: - Bingshi Co., Ltd. (001209) up 3.14% - Jihua Group (601718) up 2.93% - Tianchuang Fashion (603608) up 2.52% [1] Capital Flow - The apparel and home textile sector experienced a net outflow of 299 million yuan from institutional investors, while retail investors saw a net inflow of 306 million yuan [2] - The detailed capital flow for selected stocks shows: - Meibang Apparel (002269) had a net inflow of 20.42 million yuan from institutional investors [3] - Langsha Co., Ltd. (600137) had a net inflow of 9.46 million yuan from institutional investors [3] - Other stocks like Tanshijia (300005) and Jinhao Group (603518) also showed varying net inflows and outflows [3]

Core Points - The "China Film Professional Equipment Exhibition" was launched in collaboration between Jihua Group and Beijing Film Academy, showcasing brand display, technical exchange, and school-enterprise cooperation [1][3] - The exhibition features four interactive zones and a dedicated outdoor product display area, highlighting the Jihua and JIHUA TECH brands [3] - The event recreates outdoor filming environments such as deserts and snowy conditions, providing immersive experiences of Jihua's technology applications in film [3] - A strategic cooperation agreement was signed between Jihua Group and Beijing Film Academy, marking a significant milestone in their collaboration and a new starting point for the Chinese film equipment industry [5] Group 1 - The exhibition aims to enhance the collaboration between Jihua Group and Beijing Film Academy, serving as a platform for showcasing technological advancements in the film industry [3] - The immersive experiences provided at the exhibition demonstrate Jihua's capabilities in empowering the industrialization of film [3] - The event also included a release conference for new film equipment, indicating the commencement of deep cooperation in the film equipment sector [3][5] Group 2 - The exhibition is designed to inject new momentum into the upgrade of professional film equipment in China [3] - The strategic partnership is expected to lay a solid practical foundation for further collaboration between the two entities in the film equipment field [3][5] - The event signifies the importance of school-enterprise cooperation in advancing the film equipment industry [3]

Core Viewpoint - Jihua Group's stock has shown a significant increase of 34.86% year-to-date, with recent trading activity indicating a mixed performance in the short term [1][2]. Group 1: Stock Performance - As of October 22, Jihua Group's stock price rose by 2.13% to 3.83 CNY per share, with a trading volume of 2.42 billion CNY and a turnover rate of 1.45%, resulting in a total market capitalization of 168.20 billion CNY [1]. - The stock has experienced a 6.09% increase over the last five trading days, but a decline of 2.54% over the last 20 days and 3.04% over the last 60 days [1]. - Jihua Group has appeared on the trading leaderboard eight times this year, with the most recent instance on August 13, where it recorded a net buy of -1.00 billion CNY [1]. Group 2: Financial Performance - For the first half of 2025, Jihua Group reported a revenue of 3.208 billion CNY, reflecting a year-on-year decrease of 38.36%, and a net profit attributable to shareholders of -79.03 million CNY, a decline of 319.75% [2]. - The company has distributed a total of 2.207 billion CNY in dividends since its A-share listing, with 263 million CNY distributed over the last three years [3]. Group 3: Shareholder Structure - As of June 30, 2025, Jihua Group had 132,800 shareholders, an increase of 21.51% from the previous period, with an average of 33,062 shares held per shareholder, down by 17.70% [2]. - Major shareholders include Guotai Zhongxin Military Industry ETF, which holds 30.5046 million shares, and Southern Zhongxin 1000 ETF, holding 24.4094 million shares, both showing increases in their holdings [3].

Core Insights - The apparel and home textile sector experienced a rise of 1.38% on October 21, with Zhongyin Fashion leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Sector Performance - Zhongyin Fashion (300901) closed at 17.48, with a significant increase of 11.20% and a trading volume of 122,000 shares, resulting in a transaction value of 209 million yuan [1] - Tianchuang Fashion (603608) saw a rise of 9.96%, closing at 8.72 with a trading volume of 292,300 shares [1] - Hason Co., Ltd. (603958) increased by 6.98%, closing at 16.85 with a trading volume of 101,600 shares [1] - Other notable performers include Gelisi (603808) up 5.35%, Langsha Co. (600137) up 5.21%, and Longtou Co. (600630) up 5.00% [1] Capital Flow - The apparel and home textile sector saw a net outflow of 177 million yuan from main funds, while retail investors contributed a net inflow of 260 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing while retail investors increased their positions [2]

Core Viewpoint - The Shanghai Composite Index fell by 1.95% on October 17, with the power equipment and electronics sectors experiencing the largest declines of 4.99% and 4.17%, respectively. The textile and apparel sector also saw a decrease of 0.61% [1]. Textile and Apparel Sector Summary - The textile and apparel sector experienced a net inflow of 155 million yuan, with 105 stocks in the sector. Out of these, 34 stocks rose, including 5 that hit the daily limit, while 70 stocks fell, with 1 hitting the lower limit [1]. - The top three stocks with the highest net inflow were: - Jihua Group: 293 million yuan, up 9.97% - Furui Shares: 158 million yuan, up 10.02% - Cuihua Jewelry: 80.5 million yuan, up 4.20% [1]. - The sector also had 20 stocks with net outflows exceeding 10 million yuan, with the largest outflows from: - Wanlima: 67.1 million yuan, down 6.69% - Seven Wolves: 44.6 million yuan, down 7.68% - Semir Apparel: 42.9 million yuan, down 3.35% [2][3].

从资金流向上来看，当日服装家纺板块主力资金净流入3867.85万元，游资资金净流出1.55亿元，散户资 金净流入1.16亿元。服装家纺板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 601718 际华集团 | | 2.94亿 | 36.59% | -1.05 Z | -13.13% | -1.88 Z- | -23.46% | | 003016 | 欣贺股份 | 5442.06万 | 25.68% | -3005.73万 | -14.18% | -2436.32万 | -11.50% | | 600398 海澜之家 | | 3823.10万 | 12.84% | -1538.18万 | -5.17% | -2284.92万 | -7.67% | | 300952 | 恒辉安防 | 1889.91万 | 2.27% | 17.73万 | 0.02% | -1907.64万 | -2.29% ...