证券代码：603268 证券简称：*ST 松发 公告编号：2025 临-103 广东松发陶瓷股份有限公司 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： 广东松发陶瓷股份有限公司（以下简称"公司"）已于 2025 年 8 月 29 日发 布 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 10 月 16 日（星期四）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 成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范 围内就投资者普遍关注的问题进行回答。 （一）会议召开时间：2025 年 10 月 16 日（星期四）09:00-10:00 总经理：陈汉伦 董事会秘书：徐慧敏 财务总监：冯宪勇 独立董事：周波 四、投资者参加方式 （一）投资者可 ...

Group 1 - Baiyun Airport announces joint investment with China Duty Free Group to establish a duty-free company with a registered capital of 45 million yuan, where China Duty Free Group holds 51% [3] - Dongxing Medical plans to acquire 90% stake in Wuhan Yijiaobao, a high-tech company focused on orthopedic and biomedical materials [4] - Fosun Pharma's subsidiary plans to transfer 100% stake in Shanghai Clone to enhance asset operation efficiency, with a transaction value of up to 1.256 billion yuan [5] Group 2 - Hengxing Technology's subsidiary is awaiting approval for the extension of mining license for Longtoushan Gold Mine, with exploration activities ongoing [6] - New Sai Co. announces resignation of its general manager Chen Jianjiang due to work adjustments [7] - Hailiang Co. is planning to issue H-shares and list on the Hong Kong Stock Exchange, with details yet to be finalized [8] Group 3 - Zhejiang University Network plans to sell 48.6 million shares of Wanliyang, expecting a transaction amount of 475 million yuan [9] - Huazhong Precision terminates the issuance of A-shares to specific targets, affecting a control acquisition [10] - Jiaze New Energy states that its green chemical business is not yet commercially viable, with no significant impact on revenue or profit in the short term [11] Group 4 - Hailan Home plans to issue H-shares and list on the Hong Kong Stock Exchange, with discussions ongoing with intermediaries [12] - Hongfuhang intends to invest up to 1.128 billion yuan in a joint venture to build a photovoltaic energy storage project in Congo [13] - Zhongchuang Zhiling plans to invest 5 billion yuan in a new energy vehicle parts industrial base and R&D center [14] Group 5 - Haitai Development's subsidiary signs a property sale contract worth 440 million yuan, expected to increase profits by approximately 62.86 million yuan in 2025 [15] - Dongjie Intelligent's overseas subsidiary secures a procurement order worth approximately 180 million yuan, representing 22.3% of its audited revenue for 2024 [17] - Zhiguang Electric's subsidiary signs a procurement contract worth 164 million yuan for energy storage systems [18] Group 6 - ST Songfa's subsidiary signs a shipbuilding contract for four VLCCs, with a contract value between 400 million to 600 million USD [19] - Huaguang Huaneng signs a sales contract for waste heat boilers worth 160 million yuan for a power plant project in Cambodia [20] - Yousheng Co. receives a project notification from a German automaker, with total sales expected to reach approximately 2.3 billion yuan [24] Group 7 - Zai Sheng Technology's controlling shareholder plans to reduce holdings by up to 3% [25] - Compton plans to reduce holdings of repurchased shares by up to 1% [26] - Aored plans to reduce holdings of repurchased shares by up to 1.29% [27] Group 8 - Xianhe Co. plans to raise up to 3 billion yuan through a private placement for a new materials project [34] - Guanshi Technology plans to raise up to 700 million yuan for photomask manufacturing and other projects [33] - Beilu Pharmaceutical plans to raise up to 300 million yuan for production facility upgrades and working capital [34]

Core Viewpoint - *ST Songfa has successfully transformed from a loss-making ceramic manufacturer to a shipbuilding company, securing multiple significant contracts in the shipbuilding market [2][3]. Group 1: Recent Contracts - *ST Songfa's subsidiary, Hengli Shipbuilding, signed contracts for the construction of 4 Very Large Crude Carriers (VLCCs) with a total contract value of approximately $400 million to $600 million, with delivery scheduled between the second half of 2026 and the first half of 2027 [2]. - In September 2023, *ST Songfa disclosed three shipbuilding orders, including a contract for 2 VLCCs valued at approximately $200 million to $300 million, with a similar delivery timeline [2]. - Additionally, on September 12, 2023, Hengli Shipbuilding signed a contract for 4 container ships (6000 TEU) with a total value of approximately $300 million to $500 million, with the signing party being Eastern Pacific Shipping Pte. Ltd. [3]. Group 2: Financial Performance - In 2024, *ST Songfa reported an operating income of 275 million yuan and a net loss of approximately 76.64 million yuan. However, in the first half of 2025, the company achieved an operating income of 6.68 billion yuan and a net profit of 647 million yuan, indicating a significant turnaround [3]. - The recent shipbuilding orders are expected to contribute substantially to *ST Songfa's revenue, marking a pivotal shift in its financial outlook [3]. Group 3: Company Background - Established in 2002 and listed on the Shanghai Stock Exchange in 2015, *ST Songfa originally focused on daily ceramic manufacturing but faced continuous losses from 2021 to 2024 due to intensified competition and declining market demand [3][4]. - In May 2025, *ST Songfa completed a major asset restructuring, acquiring 100% equity of Hengli Heavy Industry Group, thus exiting the ceramic manufacturing sector and fully transitioning to shipbuilding and high-end equipment manufacturing, becoming China's first private shipbuilding company [3][4].

Major Events - Baiyun Airport announced a joint investment with China Duty Free Group to establish a duty-free company at Guangzhou Baiyun Airport with a registered capital of 45 million yuan, where China Duty Free will contribute 22.95 million yuan for a 51% stake [4] - Dongxing Medical plans to acquire 90% of Wuhan Yijiaobao's equity for cash, which is expected to constitute a major asset restructuring [5] - Fosun Pharma's subsidiary is planning to transfer 100% of Shanghai Clon to enhance asset operation efficiency, with a transaction value of up to 1.256 billion yuan [7] - Hengxing Technology's subsidiary is undergoing a review for the extension of mining license for Longtoushan Gold Mine, with exploration activities ongoing [8] - New Sai Co.'s general manager Chen Jianjiang resigned due to work adjustments [9] - Hailiang Co. is planning to issue H-shares and list on the Hong Kong Stock Exchange, with details yet to be finalized [10] - Zhejiang University Net announced plans to sell 48.6 million shares of Wanliyang, expecting a transaction amount of 475 million yuan [11] - Huazhong Precision terminated its plan to issue A-shares to specific investors, which also halts the acquisition of control by a third party [12] - Jiazhe New Energy stated that its green chemical business is not yet commercially viable [13] Significant Contracts - Haitai Development's subsidiary signed a property sale contract worth 440 million yuan, expected to increase profits by approximately 62.86 million yuan in 2025 [18] - Dongjie Intelligent's overseas subsidiary received a procurement order worth approximately 180 million yuan, accounting for 22.3% of the company's audited revenue for 2024 [19][20] - Zhiguang Electric's subsidiary signed a procurement contract worth 164 million yuan for energy storage systems [21] - ST Songfa's subsidiary signed contracts for building four oil tankers, with a total value between 400 million to 600 million USD [22] - Huaguang Huaneng signed a sales contract for waste heat boilers worth 160 million yuan for a power plant project in Cambodia [23] - Keda Intelligent plans to issue H-shares and list on the Hong Kong Stock Exchange, with details still under discussion [24] Shareholding Changes - Zai Sheng Technology's controlling shareholder plans to reduce holdings by up to 3% [28] - Compton plans to reduce up to 1% of its repurchased shares [29] - Aorede plans to reduce up to 1.29% of its shares from the repurchased stock [30] - Yidian Tianxia's controlling shareholder plans to reduce up to 3% of its shares [31] - Huace Film's shareholders plan to transfer 3.6% of the company's shares through an inquiry transfer [32] Buybacks and Financing - Qibin Group obtained a special financing support of up to 90 million yuan for share repurchase [33] - CanSino plans to cancel 406,100 repurchased shares and reduce registered capital accordingly [35] Fundraising Initiatives - Xianhe Co. plans to raise up to 3 billion yuan through a private placement for a high-performance paper-based new materials project [36] - Guanshi Technology plans to raise up to 700 million yuan for photomask manufacturing and other projects [37] - Beilu Pharmaceutical plans to raise up to 300 million yuan for production line upgrades and working capital [38]

Joint Ventures and Investments - Baiyun Airport announced a joint investment with China Duty Free Group to establish a duty-free company with a registered capital of 45 million yuan, where China Duty Free Group holds a 51% stake [3] - Dongxing Medical plans to acquire 90% of Wuhan Yijiaobao Biological Materials Co., a high-tech enterprise focused on orthopedic and biomedical materials [4] - Fosun Pharma's subsidiary is planning to transfer 100% of Shanghai Cloning's equity to enhance asset operation efficiency, with a transaction value of up to 1.256 billion yuan [5] Corporate Actions - New Sai Co. announced the resignation of its director and general manager, Chen Jianjiang, due to work adjustments [7] - Hailiang Co. is planning to issue H-shares and list on the Hong Kong Stock Exchange, with discussions ongoing with intermediaries [8] - Zhejiang University Network New plans to sell 48.6 million shares of Wanliyang, expecting a transaction amount of 475 million yuan [9] Contracts and Orders - Haitai Development's subsidiary signed a property sale contract worth 440 million yuan, expected to increase the company's profit by approximately 62.86 million yuan in 2025 [12] - Dongjie Intelligent's overseas subsidiary received a procurement order worth approximately 180 million yuan, accounting for 22.3% of the company's audited revenue for 2024 [13] - Zhiguang Electric's subsidiary signed a procurement contract worth 164 million yuan for high-voltage energy storage systems [14] - ST Songfa's subsidiary signed contracts for the construction of four oil tankers, with a total contract value between 400 million to 600 million USD [15] - Huaguang Huaneng signed a sales contract for waste heat boilers worth 160 million yuan for a power plant project in Cambodia [16] Regulatory and Compliance - Jingliang Holdings received an administrative regulatory decision from Hainan Securities Regulatory Bureau for violations related to trade activities, involving an income amount of 299 million yuan [18] Shareholder Actions - Zaiseng Technology's controlling shareholder plans to reduce its stake by up to 3%, amounting to approximately 30.9 million shares [20] - Compton plans to reduce its repurchased shares by up to 1%, totaling approximately 2.5644 million shares [21] Financing Activities - Qibin Group obtained a special financing support of up to 90 million yuan for share repurchase from Industrial and Commercial Bank of China [23] - Xianhe Co. plans to raise up to 3 billion yuan through a private placement for a high-performance paper-based new materials project [25]

Group 1 - Dongxing Medical plans to acquire 90% equity of Wuhan Yijiaobao for cash, which is expected to constitute a major asset restructuring [1] - Fosun Pharma's subsidiary plans to transfer 100% equity of Shanghai Cloning, with a transaction value of up to 1.256 billion yuan [1] Group 2 - *ST Songfa's subsidiary signed a shipbuilding contract worth approximately 400-600 million USD for four VLCCs, expected delivery between late 2026 and mid-2027 [3] - Qibin Group obtained financing support of up to 90 million yuan for share repurchase [4] Group 3 - Shapuaisi's shareholder plans to reduce holdings by up to 3% of the company's total shares [5] - *ST Kaixin intends to use up to 310 million yuan for cash management in safe and liquid financial products [6] Group 4 - Junchen Technology's shareholders plan to transfer 2.5% of the company's shares due to personal funding needs [7] - Jingliang Holdings received an administrative regulatory measure from Hainan Securities Regulatory Bureau for improper revenue recognition involving 299 million yuan [7] Group 5 - Tongcheng Holdings received a cash dividend of 24.6643 million yuan from Changsha Bank [9] - Shenyang Chemical appointed Chen Liguo as the new general manager [10] Group 6 - Huaguang Huaneng signed a contract for a 160 million yuan waste heat boiler project [15] - Shuxian Valley's subsidiary completed the re-registration of a health food product [16] Group 7 - Xuanta Pharmaceutical's new specification for a diabetes treatment drug was approved [17] - Panlong Pharmaceutical's application for a pain relief gel patch was accepted by the drug regulatory authority [18] Group 8 - Zhiguang Electric's subsidiary won a procurement contract worth 164 million yuan for a storage system [19] - Chitianhua's production facility resumed operations after maintenance [20] Group 9 - Haitong Development's application for a specific A-share issuance was accepted by the Shanghai Stock Exchange, aiming to raise 210 million yuan [20] - Risheng Technology's shareholders plan to transfer 4.02% of the company's shares [33] Group 10 - Pingmei Shares' controlling shareholder plans a strategic restructuring with Henan Energy Group [35] - Shenghui Integration's controlling shareholder committed not to reduce shareholdings for 12 months [37] Group 11 - Agricultural Bank and Bank of China will no longer establish supervisory boards, with their functions transferred to the audit committees [39][40] - Dongfang Yuhong's subsidiary signed a contract for a seawater pipeline project worth 2.524 billion USD [40][41] Group 12 - Ganfeng Lithium plans to introduce investors for a capital increase of up to 2.5 billion yuan [50] - Hanyu Pharmaceutical intends to raise up to 968 million yuan for various projects [51]

证券代码：603268 证券简称：*ST松发 公告编号：2025临-102 广东松发陶瓷股份有限公司 市规则》中6.2.2条第二款"合同金额占上市公司最近一个会计年度经审计 主营业务收入50%以上，且绝对金额超过5亿元"之规定。因合同金额涉及 保密商务信息，根据《股票上市规则》《上市公司信息披露暂缓与豁免管 理规定》的相关规定豁免披露具体金额。 关于下属公司签订日常经营重大合同的公告 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： 广东松发陶瓷股份有限公司（以下简称"公司"）下属公司恒力造船（大连） 有限公司（以下简称"恒力造船"）4艘船舶建造合同于近日签约生效。现将相关 情况公告如下： 一、 履行审议程序情况 本次签署的相关合同系日常经营性合同，公司与交易对方不存在关联关系，所 涉及的交易不构成关联交易，根据《股票上市规则》之规定，公司本次签署日常交 易相关合同无需经公司董事会、股东会审议。 二、 合同主要条款 是否需要履行审议程序：本次签署的相关合同系日常经营性合同，公司与 交易对方不存在关联关系，所涉及的 ...

Core Viewpoint - *ST Songfa has signed a contract for the construction of four 306,000-ton Very Large Crude Carriers (VLCC) with a well-known European shipowner, with a contract value estimated between 400 million to 600 million USD, which is expected to positively impact the company's future performance [1] Group 1 - The contract involves the construction of four VLCCs [1] - The estimated contract value ranges from 400 million to 600 million USD [1] - Delivery of the vessels is expected between the second half of 2026 and the first half of 2027 [1]

Core Viewpoint - *ST Songfa has signed contracts for the construction of four Very Large Crude Carriers (VLCCs) with a total contract value of approximately $400-600 million, expected to be delivered between the second half of 2026 and the first half of 2027 [1] Group 1: Contract Details - The contracts involve the construction of four VLCCs, each with a capacity of 306,000 tons [1] - The total contract amount is estimated to be between $400 million and $600 million [1] - Delivery of the vessels is scheduled from the second half of 2026 to the first half of 2027 [1] Group 2: Vessel Specifications - The VLCCs are designed to be efficient in terms of loading capacity, endurance, and operational efficiency [1] - The design accommodates adaptability to various shipping routes and loading flexibility, making it suitable for major global crude oil ports [1] - The vessels are intended for long-distance crude oil transportation and large-scale transport from oil fields to refineries, aligning with international shipping market demands for large-scale and low-carbon transportation [1] Group 3: Company Impact - The successful execution of these contracts is expected to positively impact the company's future performance [1] - This development is likely to enhance the company's medium to long-term market competitiveness and profitability [1] - The contracts further solidify the company's competitive advantage in the VLCC market [1]

Core Viewpoint - *ST Songfa has signed contracts for the construction of four Very Large Crude Carriers (VLCCs) with a total contract value of approximately $400-600 million, expected to be delivered between the second half of 2026 and the first half of 2027 [1] Group 1: Contract Details - The contracts involve the construction of four VLCCs, each with a capacity of 306,000 tons [1] - The total contract amount is estimated to be between $400 million and $600 million [1] - Delivery of the vessels is scheduled from the second half of 2026 to the first half of 2027 [1] Group 2: Vessel Specifications and Market Position - The VLCCs are designed to meet international standards, featuring large loading capacity, strong endurance, and high operational efficiency [1] - The design accommodates adaptability to various shipping routes and loading flexibility, making it suitable for major global crude oil ports [1] - The vessels are intended for long-distance crude oil transportation and large-scale transport from oil fields to refineries, aligning with current market demands for large-scale and low-carbon shipping solutions [1] Group 3: Impact on Company Performance - The successful execution of these contracts is expected to positively impact the company's future performance [1] - The contracts are likely to enhance the company's medium to long-term market competitiveness and profitability [1] - This move further solidifies the company's competitive advantage in the VLCC market [1]