山西华翔集团股份有限公司 2025 年第四次临时股东大会会议资料 山西华翔集团股份有限公司 2025 年第四次临时股东大会 会议资料 二零二五年十月 山西华翔集团股份有限公司 2025 年第四次临时股东大会会议资料 山西华翔集团股份有限公司 2025 年第四次临时股东大会会议须知 为了维护全体股东的合法权益，确保股东大会的正常秩序和议事效率，保证 本次股东大会的顺利进行，根据《中华人民共和国公司法》、《中华人民共和国证 券法》、《上市公司股东大会规则》、《山西华翔集团股份有限公司章程》以及《山 西华翔集团股份有限公司股东大会议事规则》等相关规定，特制定本次股东大会 会议须知： 一、经公司审核，符合条件参加本次大会的股东、股东代理人以及其他出席 人员可进入会场，公司有权拒绝不符合条件的人员进入会场。 五、股东及股东代理人要求在股东大会现场会议上发言的，应于股东大会召 开前一天向大会会务组进行登记。大会主持人根据会务组提供的名单和顺序安排 发言。 现场要求提问的股东及股东代理人，应当按照会议的议程举手示意，经会议 主持人许可后方可提问。有多名股东及股东代理人同时要求提问时，先举手者先 提问；不能确定先后时，由主持 ...

Market Overview - The home appliance parts sector increased by 0.8% on October 9, with Huaxiang Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3933.97, up 1.32%, while the Shenzhen Component Index closed at 13725.56, up 1.47% [1] Stock Performance - Notable gainers in the home appliance parts sector included: - Weixiang Tire Co., Ltd. (603112) with a closing price of 17.55, up 5.09% on a trading volume of 182,200 shares and a turnover of 316 million yuan [1] - Kangsheng Co., Ltd. (002418) closed at 4.72, up 4.42% with a trading volume of 1,310,700 shares and a turnover of 621 million yuan [1] - Shield Environment (002011) closed at 14.72, up 3.44% with a trading volume of 401,900 shares and a turnover of 582 million yuan [1] Capital Flow - The home appliance parts sector experienced a net outflow of 1.023 billion yuan from institutional investors, while retail investors saw a net inflow of 392 million yuan [2] - The capital flow for individual stocks showed varied trends, with Shield Environment (002011) having a net inflow of 88.49 million yuan from institutional investors [3] - Kangsheng Co., Ltd. (002418) had a net inflow of 26.29 million yuan from institutional investors, while also experiencing a net outflow from retail investors [3]

证券代码：603112 证券简称：华翔股份 公告编号：2025-106 山西华翔集团股份有限公司 关于使用部分闲置募集资金进行现金管理的 进展及赎回公告 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： 本统计区间内未购买新理财产品。 二、本次使用募集资金进行现金管理到期赎回情况 本统计区间内未购买新理财产品。 委托理财赎回情况 本统计区间内无赎回。 相关审议程序 山西华翔集团股份有限公司（以下简称"公司"）于 2024 年 11 月 1 日召 开第三届董事会第十八次会议及第三届监事会第十七次会议，审议通过了《关 于使用向特定对象发行股票部分闲置募集资金进行现金管理的议案》。在确保 不影响募集资金投资项目正常进行的前提下，同意公司对总额不超过人民币 1.80 亿元（含）的向特定对象发行股票部分闲置募集资金进行现金管理，额度 有效期自董事会审议通过之日起 12 个月之内有效。保荐机构对本事项出具了明 确的核查意见。 公司于 2024 年 12 月 6 日召开第三届董事会第二十次会议及第三届监事会 第十九次会议，审议 ...

Core Points - The Shanghai Composite Index closed at 3933.97 points, above the six-month moving average, with a gain of 1.32% [1] - The total trading volume of A-shares reached 26,718.18 billion yuan, with 174 A-shares breaking through the six-month moving average [1] Summary by Category Market Performance - The Shanghai Composite Index increased by 1.32%, closing above the six-month moving average at 3933.97 points [1] - A total trading volume of 26,718.18 billion yuan was recorded for A-shares [1] Individual Stock Performance - Notable stocks that broke through the six-month moving average include: - Zhongya Co., with a price increase of 19.97% and a deviation rate of 14.85% [1] - Zhongzhou Special Materials, with a price increase of 19.99% and a deviation rate of 14.75% [1] - Changhong Technology, with a price increase of 11.65% and a deviation rate of 10.37% [1] - Other stocks with smaller deviation rates that just crossed the six-month line include: - China Electric Environmental Protection, Xiamen Port Authority, and Qianhe Flavoring [1]

Core Viewpoint - Huaxiang Co., Ltd. experienced a stock price increase of 5.15%, reaching 17.56 CNY per share, with a trading volume of 164 million CNY and a turnover rate of 1.90%, resulting in a total market capitalization of 9.468 billion CNY [1] Group 1: Company Overview - Huaxiang Co., Ltd. is located in Hongtong County, Linfen City, Shanxi Province, and was established on December 29, 2008, with its listing date on September 17, 2020 [1] - The company's main business involves the research, production, and sales of various customized metal components, with revenue composition as follows: precision parts 78.91%, engineering machinery parts 12.43%, others 4.96%, supplementary others 2.32%, and pig iron and renewable resources 1.37% [1] Group 2: Shareholder Information - Among the top ten circulating shareholders of Huaxiang Co., Ltd., a fund under Xingzheng Global Fund holds a position. The Xingquan Huan Yuan Two-Year Holding Mixed A Fund (011338) reduced its holdings by 122,400 shares in the second quarter, now holding 3.2844 million shares, which accounts for 0.65% of the circulating shares [2] - The Xingquan Huan Yuan Two-Year Holding Mixed A Fund was established on April 27, 2021, with a latest scale of 1.774 billion CNY. Year-to-date returns are 43.4%, ranking 1880 out of 8238 in its category; the one-year return is 42.15%, ranking 1839 out of 8082; and since inception, the return is 2.79% [2]

Group 1 - The core point of the article highlights the trading activity of Huaxiang Co., which saw a closing price increase of 1.03% to 16.70 yuan on September 30 [1] - A significant block trade occurred with a total volume of 226,900 shares and a transaction value of 3.3761 million yuan, with a discount rate of -10.90% [1] - The buyer was Guotai Junan Securities Co., Ltd. from Linfen, while the seller was also Guotai Junan Securities Co., Ltd. from Taiyuan [1] Group 2 - Over the past three months, Huaxiang Co. has recorded a total of 8 block trades, amounting to 45.7565 million yuan [1] - In the last five trading days, the stock has seen a cumulative increase of 0.48%, with a net inflow of 41.0856 million yuan from major funds [1]

Group 1 - On September 26, Huaxiang Co., Ltd. executed a block trade of 767,100 shares, with a transaction amount of 11.1456 million yuan, accounting for 3.11% of the total transaction volume for the day [1] - The transaction price was 14.53 yuan, representing a discount of 13.61% compared to the market closing price of 16.82 yuan [1]

Market Overview - The home appliance parts sector experienced a decline of 1.99% on September 26, with Haidar leading the drop [1] - The Shanghai Composite Index closed at 3828.11, down 0.65%, while the Shenzhen Component Index closed at 13209.0, down 1.76% [1] Stock Performance - Notable gainers in the home appliance parts sector included: - Dongbei Group (601956) with a closing price of 7.61, up 4.53% [1] - Weixiang Service (603112) at 16.82, up 4.21% [1] - Longdi Group (603726) at 23.81, up 2.90% [1] - Major decliners included: - Haidar (6699888) at 63.76, down 7.83% [2] - Haili Co. (600619) at 24.52, down 6.66% [2] - Kangsheng Co. (002418) at 4.60, down 5.74% [2] Capital Flow - The home appliance parts sector saw a net outflow of 984 million yuan from institutional investors, while retail investors contributed a net inflow of 897 million yuan [2][3] - The table of capital flow indicates that: - Huaxiang Co. (603112) had a net inflow of 42.59 million yuan from institutional investors [3] - Dongbei Group (601956) also saw a net inflow of 42.47 million yuan from institutional investors [3] - Longdi Group (603726) experienced a net outflow of 2.82 million yuan from retail investors [3]

Core Viewpoint - Huaxiang Co., Ltd. has seen a 5.2% increase in stock price, reaching 16.98 CNY per share, with a total market capitalization of 9.155 billion CNY as of September 26 [1] Group 1: Company Overview - Huaxiang Co., Ltd. is located in Hongtong County, Linfen City, Shanxi Province, and was established on December 29, 2008, with its listing date on September 17, 2020 [1] - The company's main business involves the research, development, production, and sales of various customized metal components [1] - Revenue composition includes: precision parts 78.91%, engineering machinery parts 12.43%, others 4.96%, supplementary others 2.32%, pig iron and renewable resources 1.37% [1] Group 2: Fund Holdings - The Hive Fund has a significant holding in Huaxiang Co., Ltd., with its flagship fund, Hive Advanced Manufacturing Mixed Initiation A (019006), holding 23,000 shares, representing 3.21% of the fund's net value [2] - The fund has achieved a year-to-date return of 44.22%, ranking 1649 out of 8171 in its category, and a one-year return of 76.25%, ranking 1306 out of 8004 [2] Group 3: Fund Manager Performance - The fund manager, Wu Qiong, has a tenure of 2 years and 43 days, with a total fund asset size of 11.8569 million CNY and a best return of 38.64% during his tenure [3] - Co-manager Sun Ke has been in position for 261 days, with the same fund asset size and a best return of 47.05% during his tenure [3]

Core Viewpoint - Huaxiang Co., Ltd. (603112.SH) is actively enhancing its competitiveness through a significant financing plan, aiming to raise up to 1.308 billion yuan via convertible bonds for capacity expansion and working capital [1][2][3] Financing Plan - The company plans to issue convertible bonds to raise no more than 1.308 billion yuan, with net proceeds allocated for core component capacity enhancement, industry chain extension projects, and debt repayment [2][3] - The total investment for capacity enhancement and industry chain extension projects is 1.163 billion yuan, with 1.058 billion yuan sourced from the raised funds and the remainder from self-funding [2] Financial Performance - In the first half of 2025, the company achieved a net profit attributable to shareholders of 290 million yuan, marking a 25.66% year-on-year increase, the highest for the same period [1][4] - Revenue for the same period reached 1.976 billion yuan, reflecting a 2.38% year-on-year growth [4] Operational Efficiency - The company has seen significant improvements in operational efficiency, with gross margin increasing from 21.4% in the first half of 2024 to 23.3% in the first half of 2025, and operating expense ratio decreasing from 10.0% to 8.4% during the same period [5] R&D Investment - Huaxiang Co., Ltd. has consistently invested in R&D, with expenditures exceeding 100 million yuan annually from 2022 to 2024, and a R&D expense ratio of 3.29% in the first half of 2025 [4]