Core Viewpoint - Guangdong Songfa Ceramics Co., Ltd. is undertaking a significant asset swap and share issuance to acquire 100% equity of Hengli Heavy Industry Group Co., Ltd. from several entities, with the approval from the China Securities Regulatory Commission [1][2] Group 1: Transaction Details - The company plans to purchase the equity from Suzhou Zhongkun Investment Co., Ltd., Suzhou Hengneng Supply Chain Management Co., Ltd., Hengneng Investment (Dalian) Co., Ltd., and Chen Jianhua [1] - The company will issue shares to no more than 35 specific investors to raise supporting funds for this transaction [1] - The China Securities Regulatory Commission granted approval for the share issuance and asset purchase on May 14, 2025 [1] Group 2: Asset Transition Period - The asset transition period profit and loss arrangement states that profits from the incoming assets will be enjoyed by the company, while losses from the outgoing assets will be borne by Zhongkun Investment [3] - The review of the transition period profit and loss has been completed by Zhonghui Accounting Firm and Guangdong Sinong Accounting Firm, which issued respective reports on the matter [3][4] Group 3: Financial Outcomes - During the transition period, the incoming assets generated profits, which will be retained by the company, while the outgoing assets incurred losses, which will be covered by Zhongkun Investment [4]

截至本公告披露日，公司已完成标的资产交割及相关工商变更登记手续，已 办理完毕本次发行股份购买资产以及募集配套资金相关新增股份登记手续。具体 内容详见公司分别于 2025 年 5 月 17 日、2025 年 5 月 23 日、2025 年 5 月 27 日、 2025 年 8 月 21 日在上海证券交易所网站（www.sse.com.cn）披露的《广东松发 陶瓷股份有限公司关于重大资产置换及发行股份购买资产并募集配套资金暨关 联交易事项获得中国证监会同意注册批复的公告》（公告编号：2025 临-042）、 《广东松发陶瓷股份有限公司重大资产置换及发行股份购买资产并募集配套资 金暨关联交易报告书》、《广东松发陶瓷股份有限公司重大资产置换及发行股份 购买资产并募集配套资金暨关联交易之资产交割情况的公告》（公告编号：2025 临-047）、《广东松发陶瓷股份有限公司重大资产置换及发行股份购买资产并募 集配套资金暨关联交易之发行股份购买资产发行结果暨股份变动的公告》（公告 编号：2025 临-048）、《广东松发陶瓷股份有限公司关于重大资产置换及发行 股份购买资产并募集配套资金暨关联交易之向特定对象发行股票募集配套资金 ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 文/新浪财经上海站时行工作室 2025年8月，A股市场迎来一位异乎寻常的年轻掌舵者——24岁的陈汉伦被正式聘任为*ST松发 （603268.SH）总经理。这位"00后"新任高管，并非空降，而是恒力集团董事长陈建华与范红卫夫妇之 子、江苏首富之子，在不到一年半内完成从恒力集团副总裁到上市公司总经理的"闪电接班"，其背后释 放出的，不止是家族传承的加速信号，更是一场围绕上市公司平台的资产大挪移式演进。 | THE Alle STC | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 姓名 | 明务 | 公告日期 任职日期 | 性别 国籍 学历 | | 出生年份 年龄 | | | ■ 陈建华 | 董事长,董事 | 2025-08-23 2025-08-21 | | 博士 | 1971 | રક | | ▲ 陈汉伦 | ■事 | 2025-08-22 2025-08-21 | | 硕士 | 2001 | 24 | ST松发原本主营陶瓷餐具，2024年完成重大资产重组——以发行股 ...

Group 1 - The company reported a significant turnaround in performance for the first half of 2025, achieving operating revenue of 6.68 billion yuan, a year-on-year increase of 315.49%, and a total profit of 878 million yuan, a staggering increase of approximately 161 times [1][2] - The net profit attributable to shareholders reached 647 million yuan, with a non-recurring net profit of 116 million yuan, both showing substantial recovery from previous losses [1][2] - The remarkable performance is attributed to a major cross-industry restructuring, where the company successfully acquired 100% equity of Hengli Heavy Industry Group, transitioning its main business from ceramic manufacturing to shipbuilding and high-end equipment [1][2] Group 2 - The company’s total assets as of June 30, 2025, reached 34.38 billion yuan, a significant increase compared to the same period last year, while the net assets attributable to shareholders grew by 151.3% to 3.53 billion yuan [2] - Basic earnings per share were reported at 2.62 yuan, with a weighted average return on net assets of 18.30%, indicating substantial improvement in key financial metrics [2] - The restructuring was approved by the China Securities Regulatory Commission and is seen as a benchmark event supporting the transformation of high-end manufacturing in the capital market [2] Group 3 - The growth in performance is also driven by a recovering global shipbuilding market, influenced by factors such as aging vessels, new environmental regulations, and steady growth in maritime trade [3] - Hengli Heavy Industry's "ocean factory" is fully operational, and the "future factory" is gradually releasing capacity, positioning the company as one of the largest and most comprehensive shipbuilding bases globally [3] - The company has achieved breakthroughs in the ship engine sector, producing approximately 180 dual-fuel engines annually, and is well-positioned in terms of order volume and new contracts among global large ocean-going ship manufacturers [3] Group 4 - Analysts highlight that the successful transformation of the company reflects its strategic vision and marks a significant event for private capital in China responding to the national "maritime power" strategy [4] - The acceleration of green and low-carbon transformation in the global shipping industry positions the "Hengli Heavy Industry" model to enhance China's influence in the international shipbuilding market [4]

Group 1 - The core viewpoint of the articles highlights the significant turnaround in *ST Songfa's financial performance, with a revenue increase of 315.49% year-on-year and a net profit of 647 million yuan, marking a substantial recovery from previous losses [1] - The turnaround is attributed to a major asset restructuring, where *ST Songfa transitioned from traditional ceramic manufacturing to shipbuilding by integrating with Hengli Heavy Industry Group [1] - The restructuring has led to enhanced profitability and performance, with the shipbuilding business expected to significantly contribute to the company's earnings post-2025 [1] Group 2 - Hengli Heavy Industry's "Future Factory" project will enable an annual processing capacity of approximately 2.3 million tons of steel and the production of around 180 marine engines, covering various dual-fuel types [2] - The annual output value of Hengli Heavy Industry is projected to exceed 70 billion yuan, reflecting its rapid growth and contribution to the high-quality and green transformation of China's shipbuilding industry [2] - Hengli Heavy Industry's advancements are reshaping the development path of China's shipbuilding sector and enhancing its global competitive position, while also contributing to the green and low-carbon transition in global shipping [2]

Core Viewpoint - *ST Songfa's transformation into the shipbuilding industry has led to significant performance improvements, with a remarkable increase in revenue and profit in the first half of 2025 [1][2]. Financial Performance - The company reported a revenue of 6.68 billion yuan, representing a year-on-year increase of 315.49% [1]. - Profit before tax reached 878 million yuan, showing a year-on-year growth of 16,156.55% [1]. - The net profit attributable to shareholders was 647 million yuan, marking a substantial turnaround from losses in the previous year [1]. Business Transformation - The company has shifted its main business from ceramic manufacturing to the research, production, and sales of ships and high-end equipment following the acquisition of 100% equity in Hengli Heavy Industry [2]. - Hengli Heavy Industry specializes in shipbuilding and has established a world-class manufacturing base in Dalian Changxing Island [2]. Production Capacity and Orders - Hengli Heavy Industry has a strong order backlog and new order intake, ranking among the top global manufacturers of large ocean-going vessels, with production schedules extending to 2029 [3]. - The order structure is diverse, covering bulk carriers, container ships, and oil tankers, indicating a comprehensive development strategy [3]. Future Outlook - The company anticipates a significant enhancement in profitability with the full production of Hengli Heavy Industry's investment projects and continuous optimization of order types [3]. - The budget for the "green high-end equipment manufacturing project" is set at 16.7 billion yuan, with an expected annual revenue of 14.09 billion yuan and a net profit of 1.76 billion yuan upon reaching full capacity [3]. - The company aims to leverage the strategic transformation opportunity to strengthen its technological barriers and establish itself as a benchmark in global high-end equipment manufacturing [3].

广东松发陶瓷股份有限公司 第七届董事会第二次会议决议公告 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。 广东松发陶瓷股份有限公司（以下简称"公司"）第七届董事会第二次会议 （以下简称"本次会议"）于 2025 年 8 月 27 日以现场方式召开，会议通知于 2025 年 8 月 21 日以专人送达、电话等方式发出。本次会议应出席董事 9 名， 实际出席董事 9 名，会议由董事长陈建华先生主持，公司高级管理人员列席了 会议。会议的召集、召开和表决程序符合《公司法》和《公司章程》的规定。 证券代码：603268 证券简称：*ST 松发 公告编号：2025 临-093 表决结果：同意 9 票，反对 0 票，弃权 0 票。 三、《关于变更注册资本并修订<公司章程>的议案》 一、《关于同一控制下企业合并对前期财务报表进行追溯调整的议案》 鉴于公司已完成重大资产重组，相关标的资产的过户手续已于 2025 年 5 月 办理完毕。根据《企业会计准则第 33 号——合并财务报表》及其相关指南、解 释等相关规定，本次重组事项构成同一控制下企业合 ...

格隆汇8月28日丨*ST松发(603268.SH)公布半年度报告，报告期内，公司实现营业收入667,978.91万元， 同比增长315.49%；实现利润总额87,772.34万元，同比增长16,156.55%；实现归母净利润64,709.97万 元、扣非净利润11,578.55万元，均实现大幅扭亏为盈，盈利能力实现根本性改善。未来，随着募投项目 的全面投产以及订单船型结构持续优化，公司盈利能力将会大幅提升。 ...

广东松发陶瓷股份有限公司2025 年半年度报告 公司代码：603268 公司简称：*ST 松发 广东松发陶瓷股份有限公司 2025 年半年度报告 1 / 205 广东松发陶瓷股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，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。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人陈建华、主管会计工作负责人冯宪勇及会计机构负责人（会计主管人员）冯宪 勇声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，请投 资者对此保持足够的风险认识，并且应当理解计划、预测与承诺之间的差异。 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 报告期内，公司不存在对生产经营产生实质性影响的特别重大风险。公司已在本报 ...

证券代码：603268 证券简称：*ST松发 公告编号：2025临-097 广东松发陶瓷股份有限公司 关于"提质增效重回报"行动方案的进展公告 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。 为深入贯彻党的二十大和中央金融工作会议精神，落实国务院《关于进一步 提高上市公司质量的意见》的要求，积极响应上海证券交易所《关于开展沪市公 司"提质增效重回报"专项行动的倡议》，持续提高上市公司质量、增强投资者 回报、提升投资者获得感，切实保护投资者尤其是中小投资者合法权益，广东松 发陶瓷股份有限公司（以下简称"公司"）结合自身经营实际和发展战略，制定 了"提质增效重回报"行动方案并于 2025 年 3 月 10 日向投资者和社会公开披露， 具体内容详见《关于"提质增效重回报"行动方案的公告》（2025 临-009）。 截至目前，公司积极落实相关工作取得了较好效果，具体情况如下： 一、提升经营质量，加快发展新质生产力 2025 年 5 月 16 日公司收到中国证券监督管理委员会出具的《关于同意广东 松发陶瓷股份有限公司发行股份购买资产并募 ...