Core Viewpoint - The company announced plans to apply for a total credit facility of up to 200 million RMB to optimize capital allocation and improve financial operational efficiency [1] Group 1: Credit Facility Details - The credit facility will be used for various financial activities, including but not limited to working capital loans, guarantee business, bank acceptance bills, and letters of credit [1] - The validity period of the credit facility is 12 months from the date of approval by the board of directors [1] - The credit limit can be reused within the validity period and can be adjusted among different banks without requiring further board approval [1]

Group 1 - The company Xin Tong Lian (SH 603022) reported a revenue of approximately 456 million yuan for the first half of 2025, representing a year-on-year increase of 6.42% [2] - The net profit attributable to shareholders of the listed company was approximately 21.67 million yuan, reflecting a year-on-year increase of 3.99% [2] - The basic earnings per share were 0.11 yuan, which is a year-on-year increase of 10% [2]

Group 1 - The company, Xintonglian, announced the convening of its fifth board meeting on August 15, 2025, to review the 2025 semi-annual report and summary [2] - For the year 2024, the company's revenue composition shows that the packaging industry accounts for 99.48%, while other industries account for 0.52% [2]

Core Viewpoint - The report highlights the financial performance and operational strategies of Shanghai Xintonglian Packing Co., Ltd. for the first half of 2025, showcasing growth in revenue and net profit while emphasizing the company's commitment to sustainable practices and innovation in the packaging industry [1][3]. Financial Performance - The company achieved a revenue of CNY 455.56 million, representing a 6.42% increase compared to CNY 428.07 million in the same period last year [7]. - The total profit amounted to CNY 33.45 million, up 26.34% from CNY 26.48 million year-on-year [7]. - The net profit attributable to shareholders was CNY 21.67 million, reflecting a 3.99% increase from CNY 20.84 million in the previous year [7]. - The net cash flow from operating activities decreased significantly by 71.87% to CNY 20.20 million, compared to CNY 71.81 million in the same period last year [7]. - The total assets increased by 2.9% to CNY 1.12 billion, while the net assets attributable to shareholders rose by 4.34% to CNY 805.21 million [7]. Industry Overview - The packaging industry is experiencing a transformation driven by green initiatives and technological advancements, leading to structural differentiation and accelerated integration [8]. - The demand for sustainable packaging solutions is increasing due to the growth of e-commerce and heightened consumer awareness regarding environmental issues [8]. - Wood packaging remains essential in heavy industries, but faces challenges from environmental regulations and fluctuating raw material prices [8]. - Paper packaging is gaining market share due to the "plastic ban" policies, while plastic packaging is making strides in high-end functional areas [8]. Business Model and Services - The company specializes in producing lightweight and heavy packaging products, offering integrated services that include packaging design, production, logistics, and on-site packaging assistance [8][9]. - The "integrated packaging solution" model enhances customer relationships by providing comprehensive support throughout the packaging process, thereby reducing costs and improving efficiency [9]. - The company has established a centralized procurement system to manage raw materials and packaging supplies effectively [9]. Innovation and Development - The company emphasizes innovation and has applied for three invention patents, with one already granted [8]. - Continuous investment in technology and process upgrades has led to improved operational efficiency and reduced production costs [8]. - The company is committed to sustainable development, having been recognized in the "Third China Enterprise Carbon Neutral Performance List" and awarded for energy-saving achievements [8]. Market Expansion - The company is expanding its market presence by responding to diverse customer needs and entering new sectors such as new materials and renewable energy vehicles [8]. - The operation of the overseas factory in Thailand has begun to yield profits, contributing to the company's growth [8].

Company Overview - Shanghai Xintonglian Packaging Co., Ltd. reported total assets of approximately 1.12 billion RMB at the end of the reporting period, reflecting a 2.9% increase from the previous year [1] - The net assets attributable to shareholders increased by 4.34% to approximately 805.21 million RMB compared to the previous year [1] Financial Performance - The company's operating revenue for the reporting period was approximately 455.56 million RMB, representing a 6.42% increase year-on-year [1] - Total profit for the period was approximately 33.45 million RMB, which is a significant increase of 26.34% compared to the same period last year [1] - The net profit attributable to shareholders was approximately 21.67 million RMB, showing a 3.99% increase from the previous year [1] - The net profit after deducting non-recurring gains and losses was approximately 20.20 million RMB [1] - The net cash flow from operating activities was approximately 20.20 million RMB, a decrease of 71.87% compared to the previous year [1] Shareholder Information - The total number of shareholders at the end of the reporting period was 39,360 [1] - The largest shareholder, Cao Wenjie, holds 40.27% of the shares, amounting to 80.54 million shares [2]

Core Points - The board of directors of Shanghai Xintonglian Packaging Co., Ltd. held its second meeting on August 15, 2025, where several key resolutions were passed [1][2][6] Group 1: Financial Reporting - The board approved the 2025 semi-annual report, confirming that the report's preparation and review processes comply with relevant laws and regulations, and accurately reflect the company's operational results and financial status [1][2] - The resolution received unanimous support from all attending directors, with 7 votes in favor [2] Group 2: Governance and Compliance - The board approved amendments to the company's articles of association and related governance systems, aligning with the new Company Law effective from July 1, 2024, and enhancing the company's governance structure [2][3] - The amendments include revisions to various internal management systems, which will take effect after approval by the shareholders' meeting [3] Group 3: Financial Strategy - The board approved a proposal to apply for a comprehensive credit facility of up to RMB 200 million to optimize capital allocation and improve financial efficiency [4] - This credit facility will allow the company to engage in various financial activities, including working capital loans and bank acceptance bills, without requiring further approval for each transaction [4] Group 4: Compensation and Governance - A proposal regarding the compensation scheme for the fifth board of directors and senior management was approved, aimed at motivating and enhancing management effectiveness [5] - The proposal was reviewed by the compensation and assessment committee, with all relevant directors abstaining from voting due to conflicts of interest [5] Group 5: Shareholder Engagement - The board unanimously agreed to convene the second extraordinary general meeting of shareholders for 2025 [6] - The decision was supported by all attending directors, with 7 votes in favor [6]

Group 1 - The company Shanghai Xintonglian Packaging Co., Ltd. is convening its second extraordinary general meeting of shareholders in 2025 on September 2, 2025 [1][4] - The meeting will utilize the Shanghai Stock Exchange's network voting system, allowing shareholders to vote both online and in person [4][5] - The voting period for the network system is from 9:15 AM to 3:00 PM on the day of the meeting [1][4] Group 2 - The meeting will review non-cumulative voting proposals that have already been approved by the company's board of directors [3][5] - Shareholders must register to attend the meeting, with registration open from 9:00 AM to 4:00 PM on August 28, 2025 [6] - The meeting is expected to last half a day, and attendees will be responsible for their own travel and accommodation expenses [6]

General Principles - The internal audit system aims to strengthen internal control, establish a sound internal audit framework, and protect the legal rights of the company and its shareholders [1][2] - Internal audit is defined as an independent and objective confirmation and consulting activity that evaluates the appropriateness and effectiveness of the company's business activities, internal controls, and risk management [1][2] Objectives and Principles of Internal Audit - The objectives of internal audit include ensuring compliance with laws and regulations, controlling risks within acceptable levels, and enhancing corporate governance and value [2] - Key principles guiding internal audit work include independence, objectivity, prudence, and effectiveness [2][3] Internal Audit Structure - The Board of Directors is responsible for establishing and maintaining an effective internal audit system and approving the internal audit policies and annual plans [3][4] - The Audit Committee under the Board oversees the internal audit process, reviews important reports, and guides the internal audit department [3][4] Responsibilities and Authority - The internal audit department is responsible for evaluating the effectiveness of internal controls, auditing financial information, and assisting in fraud prevention mechanisms [5][6] - The internal audit department has the authority to request information, conduct investigations, and recommend corrective actions based on audit findings [5][6] Audit Procedures - The audit process includes planning, preparation, evidence collection, reporting, and follow-up [8][9] - Audit reports must be based on factual evidence and reflect objectivity, importance, and timeliness [9][10] Accountability and Evaluation - The Board and senior management are responsible for ensuring that internal audit findings are utilized effectively and for holding relevant personnel accountable for corrective actions [10][11] - A mechanism for evaluating the performance of the internal audit function and establishing accountability for audit-related responsibilities is in place [10][11]

第一条 为规范上海新通联包装股份有限公司（以下简称"公司"）信息披 露的管理，提高公司信息披露的质量，保证公司信息披露的及时性、公平性、真 实性、准确性和完整性，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》、 上海证券交易所（以下简称"上交所"）《上海证券交易所股票上市规则》（以下 简称"《上市规则》"）以及中国证监会、上交所的相关规定，并结合公司具体情 况，特制定本制度。 信息披露事务管理制度 上海新通联包装股份有限公司 信息披露事务管理制度 第一章 总则 第二条 公司董事会应当保证本制度的有效实施，确保公司相关信息披露的 及时性和公平性，以及信息披露内容的真实、准确、完整。 第三条 本制度中提及"信息"系指所有对公司股票价格产生重大影响的信 息以及证券监管部门要求披露的信息；本制度中提及"披露"系指在规定的时间、 在规定的媒体、以规定的方式向社会公众公布信息，并送达监管部门备案。 第四条 公司信息披露义务人包括如下人员和机构： （一）公司董事会秘书和证券事务部； （二）公司董事和董事会； （三）公司高级管理人员； ...

投资者关系管理制度 上海新通联包装股份有限公司 第一条 为了加强上海新通联包装股份有限公司（以下简称"公司"）与投 资者之间的信息沟通，完善公司治理结构，切实保护投资者特别是社会公众投资 者的合法权益，根据《中华人民共和国公司法》、 《中华人民共和国证券法》、 《上 市公司与投资者关系工作指引》、 《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》等法 律、法规以及《上海新通联包装股份有限公司章程》的规定，结合公司实际情况， 制定本制度。 第二条 投资者关系管理是指公司通过信息披露与交流，加强与投资者及潜 在投资者之间的沟通，增进投资者对公司的了解和认同，提升公司治理水平，以 实现公司整体利益最大化和保护投资者合法权益的管理行为。 投资者关系管理制度 投资者关系管理制度 第三条 投资者关系管理的目的是： （一）促进公司与投资者之间的良性关系，增进投资者对公司的进一步了解 和熟悉； （二）建立稳定和优质的投资者基础，获得长期的市场支持； （三）形成服务投资者、尊重投资者的企业文化； （四）促进公司整体利益最大化和股东财富增长并举的投资理念； ...