重要内容提示： 本次股票上市类型为首发股份；股票认购方式为网下，上市股数为 71,471,328股。 证券代码：603182 证券简称：嘉华股份 公告编号：2025-023 山东嘉华生物科技股份有限公司 首次公开发行部分限售股上市流通公告 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、准确性和完整性依法承担法律责任。 本次股票上市流通总数为71,471,328股。 本次股票上市流通日期为2025 年 9 月 9 日。 一、本次限售股上市类型 根据中国证券监督管理委员会（以下简称"中国证监会"）于 2022 年 8 月 15 日出具的《关于核准山东嘉华生物科技股份有限公司首次公开发行股票的批复》 （证监许可〔2022〕1830 号）核准，山东嘉华生物科技股份有限公司（以下简称 "嘉华股份"或"公司"）首次向社会公众公开发行人民币普通股（A 股）41,140,000 股，并于 2022 年 9 月 9 日在上海证券交易所上市。首次公开发行完成后，公司总 股本增加至 164,550,000 股，其中有限售条件流通股股份数量为 123,410,000 股， 无限 ...

国泰海通证券股份有限公司 关于山东嘉华生物科技股份有限公司 首次公开发行部分限售股上市流通的核查意见 国泰海通证券股份有限公司（以下简称"保荐机构"、"国泰海通"）作为山东嘉 华生物科技股份有限公司（以下简称"嘉华股份"、"公司"）首次公开发行股票并在 主板上市及持续督导的保荐机构，根据《证券发行上市保荐业务管理办法》《上海证 券交易所上市公司自律监管指引第1号—规范运作》《上海证券交易所上市公司自律监管 指引第11号—持续督导》等相关法律法规及规范性文件的规定，对嘉华股份首次公开 发行部分限售股上市流通的事项进行了核查，核查情况如下： 一、本次限售股上市类型 三、本次限售股上市流通的有关承诺 1、公司原实际控制人吴洪祥、黄瑞华、张效伟、李广庆、贾辉、高泽林及吴洪 祥近亲属吴洪力、黄瑞华近亲属赵冬杰、赵珂欣、张效伟近亲属陈春佳承诺： "自发行人股票上市之日起三十六个月内，不转让或者委托他人管理本人直接 或者间接持有的发行人公开发行股票前已发行的股份，也不由发行人回购本人直接 或者间接持有的发行人公开发行股票前已发行的股份。因发行人进行权益分派等导 1 致本人直接持有发行人股份发生变化的，仍遵守上述规定。 所持 ...

Core Viewpoint - Jia Hua Co., Ltd. (603182.SH) announced the release of restricted shares from its initial public offering, involving a total of approximately 71.47 million shares, which accounts for 43.43% of the company's total share capital [1] Summary by Relevant Categories Shareholder Information - The restricted shares involve a total of 11 shareholders [1] - The lock-up period for these shareholders is set for 36 months from the date of the stock listing [1] Future Trading - The restricted shares will become tradable starting from September 9, 2025 [1]

Group 1 - The company Jia Hua Co., Ltd. (603182.SH) announced the release of restricted shares from its initial public offering, involving a total of approximately 71.47 million shares, which accounts for 43.43% of the company's total share capital [1] - The shareholders involved in this release consist of a total of 11 parties, and the lock-up period for these shares is set for 36 months from the date of the stock's listing [1] - The restricted shares will become tradable starting from September 9, 2025 [1]

Market Overview - On August 29, the agricultural processing sector rose by 0.17% compared to the previous trading day, with Sobao Protein leading the gains [1] - The Shanghai Composite Index closed at 3857.93, up 0.37%, while the Shenzhen Component Index closed at 12696.15, up 0.99% [1] Stock Performance - Sobao Protein (603231) closed at 19.59, with a significant increase of 9.99% and a trading volume of 195,100 shares, amounting to a transaction value of 367 million yuan [1] - Other notable performers included: - Jinlongyu (666000E) at 33.66, up 3.47%, with a transaction value of 1.038 billion yuan [1] - Yizhi Magic Hand (839273) at 47.42, up 2.89%, with a transaction value of 135.2 million yuan [1] - Huazi Industrial (600191) at 8.81, up 2.20%, with a transaction value of 10.3 million yuan [1] Capital Flow - The agricultural processing sector saw a net inflow of 57.6014 million yuan from institutional investors, while retail investors experienced a net outflow of 19.2071 million yuan [2] - The capital flow for key stocks included: - Sobao Protein had a net inflow of 82.9185 million yuan from institutional investors, but a net outflow of 48.5839 million yuan from retail investors [3] - Jinlongyu experienced a net inflow of 78.3111 million yuan from institutional investors, with a net outflow of 72.0730 million yuan from retail investors [3] - Baolingbao (002286) had a net inflow of 13.2288 million yuan from institutional investors, while retail investors saw a net outflow of 9.2370 million yuan [3]

证券代码：603182 证券简称：嘉华股份 公告编号：2025-022 山东嘉华生物科技股份有限公司 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 08 月 27 日 （星期三） 至 09 月 02 日 （星期二）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 sinoglory@sinoglorygroup.com 进行提问。公司将在说明会上对投资者普遍关 注的问题进行回答。 山东嘉华生物科技股份有限公司（以下简称"公司"）已于 2025 年 8 月 20 日发布公司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度经营成果、财务状况，公司计划于 2025 年 09 月 03 日 （星期三） 09:00-10:00 举行 2025 年半年度业绩说明会，就投资者关心的问题进行交流。 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 年半年度的经营 成果及 ...

Core Viewpoint - 嘉华股份 (603182) reported a decline in total revenue for the first half of 2025, while net profit increased, indicating a mixed financial performance with improved profitability metrics despite lower sales [1] Financial Performance Summary - Total revenue for H1 2025 was 681 million yuan, a decrease of 12.86% year-on-year [1] - Net profit attributable to shareholders was 62.29 million yuan, an increase of 7.79% year-on-year [1] - Gross margin improved to 16.0%, up 21.23% year-on-year, while net margin rose to 9.15%, an increase of 23.7% year-on-year [1] - Operating cash flow per share significantly decreased to 0.02 yuan, down 92.51% year-on-year [1] Expense and Asset Management - Total selling, administrative, and financial expenses amounted to 16.73 million yuan, accounting for 2.46% of revenue, which is a 41.74% increase year-on-year [1] - Cash and cash equivalents decreased by 58.31% to 75.32 million yuan, primarily due to loan repayments and the maturity of bank acceptance bills [1][2] - Accounts receivable dropped by 49.20% to 92.33 million yuan [1] Changes in Liabilities and Other Financial Metrics - Short-term borrowings and accounts payable both saw a 100% decrease, indicating repayment of debts [3] - The company’s return on invested capital (ROIC) was 9.79%, which is considered average, with historical median ROIC at 16.36% [5] - The ratio of cash to current liabilities was 86.55%, suggesting potential liquidity concerns [6]

Core Viewpoint - Jia Hua Co., Ltd. reported a decline in revenue but an increase in profit for the first half of 2025, indicating a mixed performance in its operations [1][3]. Financial Performance - The company achieved an operating revenue of 681 million yuan, a year-on-year decrease of 12.86% [1]. - The net profit attributable to shareholders was 62 million yuan, reflecting a year-on-year growth of 7.79% [1]. - The net profit margin improved from 7.39% in the first half of 2024 to 9.15% in 2025 [3]. - The gross profit margin increased from 13.20% to 16.00% [3]. - The return on equity was 5.64%, with a year-on-year increase of 0.12 percentage points, indicating overall improvement in profitability quality [3]. Operational Efficiency - The inventory turnover days increased to 71.22 days, up by 11.22% compared to the first half of 2024, suggesting increased pressure on inventory management [5]. - The net cash flow from operating activities was 4 million yuan, a significant decline from 54 million yuan in the same period of 2024 [5]. - The debt-to-asset ratio for the first half of 2025 was 17.89%, a decrease of 5.59 percentage points year-on-year, indicating a lighter debt burden and a more stable financial structure [5]. Institutional Holdings - As of the first half of 2025, the number of institutions holding Jia Hua Co., Ltd. shares decreased to 3, down from 50 in the same period of 2024, showing a significant decline in institutional investor participation [7]. - The company's market capitalization peaked at 4.015 billion yuan on September 19, 2022, while the current market cap stands at 2.370 billion yuan, indicating a need for a 69.44% increase in stock price to reach its historical high [7]. - Despite the decline in institutional interest, the company has shown positive changes in profitability quality and financial structure [7].

Group 1 - The core point of the article is that Jiahua Co., Ltd. announced the convening of its sixth fifth board meeting to review the semi-annual report for 2025 [1] - The meeting took place on August 18, 2025, and was conducted in a hybrid format combining in-person and communication methods [1] - Jiahua Co., Ltd. reported that its revenue composition for the year 2024 is as follows: food accounts for 92.41%, steam and electricity for 7.31%, and other businesses for 0.28% [1] Group 2 - As of the report, Jiahua Co., Ltd. has a market capitalization of 2.4 billion yuan [1]

Core Insights - The company reported a decrease in revenue for the first half of 2025, amounting to approximately 681 million yuan, which represents a year-on-year decline of 12.86% [2] - The net profit attributable to shareholders increased to approximately 62.29 million yuan, reflecting a year-on-year growth of 7.79% [2] - Basic earnings per share rose to 0.38 yuan, marking an increase of 8.57% compared to the previous year [2]