Core Viewpoint - Shanghai Yashi announced the nomination of Mr. Qiu Yuxin as a candidate for the fourth board of directors [2] Company Summary - The announcement was made on the evening of October 29 [2] - The nomination is part of the company's governance and leadership structure [2]

Group 1 - The company Shanghai Yashi (603329.SH) reported a revenue of 2.584 billion yuan for the first three quarters of 2025, representing a year-on-year decline of 15.54% [1] - The net profit attributable to shareholders was 25.84 million yuan, down 20.31% year-on-year [1] - The non-recurring net profit was 9.18 million yuan, showing a significant decrease of 60.14% year-on-year [1] - The basic earnings per share were 0.13 yuan [1]

Core Viewpoint - Shanghai Yashi (603329) reported a significant decline in both revenue and net profit for the third quarter of 2025, primarily due to the overall market conditions affecting its business margins and increased financial expenses [1] Financial Performance - The company's third-quarter revenue was 540 million yuan, representing a year-on-year decrease of 69.23% [1] - The net profit for the third quarter was 5.52 million yuan, down 69.64% year-on-year [1] - For the first three quarters of 2025, total revenue reached 2.584 billion yuan, a decline of 15.54% compared to the same period last year [1] - The net profit for the first three quarters was 25.842 million yuan, reflecting a year-on-year decrease of 20.31% [1] Business Challenges - The decline in net profit is attributed to reduced gross margins in some business segments due to market conditions [1] - Increased financial expenses have also contributed to the overall decrease in profitability [1]

证券代码：603329 证券简称：上海雅仕 公告编号：2025-069 上海雅仕投资发展股份有限公司 关于变更会计师事务所的公告 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。 拟聘任的会计师事务所名称：容诚会计师事务所（特殊普通合伙）（以下 简称"容诚会计师事务所"） 原聘任的会计师事务所名称：中审众环会计师事务所（特殊普通合伙）（以 下简称："中审众环会计师事务所"） 变更会计师事务所的简要原因及前任会计师的异议情况：因原审计机构中 审众环会计师事务所人力资源及工作安排情况，预计难以完成公司 2025 年度财 务报告及内部控制审计工作，向公司提出辞任。为保障公司 2025 年度审计工作 顺利进行，根据《国有企业、上市公司选聘会计师事务所管理办法》及《上海雅 仕投资发展股份有限公司会计师事务所选聘管理制度》的要求，公司委托湖北省 招标股份有限公司开展了 2025 年度审计机构公开招标工作，经履行招标程序并 根据招标结果，公司拟聘任容诚会计师事务所为公司 2025 年度财务报告审计机 构及内部控制审计机构。公司已就本次变更有关 ...

一、董事离任情况 上海雅仕投资发展股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日 收到李炜先生递交的书面辞职报告，因工作调整，李炜先生申请辞去公司第四届 董事会董事职务。辞职后，李炜先生将不在公司担任任何职务。 (一)提前离任的基本情况 | 姓名 | 离任 | 离任时间 | | 原定任期 | | 离任原因 | 是否继续在上 市公司及其控 | 具体职务 | 是否存在未 履行完毕的 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 职务 | | | 到期日 | | | 股子公司任职 | （如适用） | 公开承诺 | | 李炜 | 董事 | 2024 3 | 年 | 2027 3 | 年 | 工作调整 | 否 | 不适用 | 否 | | | | 月 8 | 日 | 月 8 | 日 | | | | | (二)离任对公司的影响 证券代码：603329 证券简称：上海雅仕 公告编号：2025-070 上海雅仕投资发展股份有限公司 关于董事辞职暨补选董事的公告 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、 ...

证券代码：603329 证券简称：上海雅仕 公告编号：2025-068 上海雅仕投资发展股份有限公司 第四届董事会第十二次会议决议公告 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。 一、董事会会议召开情况 上海雅仕投资发展股份有限公司（以下简称"公司"）第四届董事会第十二次会 议于 2025 年 10 月 29 日在公司会议室以现场结合通讯表决方式召开，会议通知及 相关资料已于 2025 年 10 月 17 日以电子邮件方式发出。本次会议应出席会议的董 事 8 名，实际出席会议的董事 8 名，其中现场参会董事 2 名，以通讯表决方式参会 董事 6 名，部分高级管理人员列席会议，本次会议由董事长刘忠义先生主持。会议 参与表决人数及召集、召开程序符合《公司法》和《公司章程》的有关规定，所作 决议合法有效。 二、董事会会议审议情况 本议案已经公司第四届审计委员会第十四次会议审议通过，尚需提交股东会审 本次董事会会议审议并通过了以下议案： (一)审议通过《关于公司 2025 年第三季度报告的议案》 详见公司于同日在上海证券交易所网站 ...

Company Performance - Shanghai Yashi reported Q3 performance with revenue of approximately 2.584 billion yuan for the first three quarters of 2025, a year-on-year decrease of 15.54% [1] - The net profit attributable to shareholders was approximately 25.84 million yuan, down 20.31% year-on-year [1] - Basic earnings per share were 0.13 yuan, reflecting an 18.75% decrease compared to the previous year [1] Market Context - As of the report, Shanghai Yashi's market capitalization stands at 3 billion yuan [2] - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation, with a new "slow bull" market pattern emerging driven by technology [2]

Financial Performance - The company's operating revenue for the third quarter was ¥540,314,432.01, a decrease of 69.23% compared to the same period last year[3]. - The total profit for the third quarter was ¥10,029,644.03, down 63.00% year-on-year[3]. - The net profit attributable to shareholders was ¥5,515,629.98, reflecting a decline of 69.64% compared to the previous year[3]. - The net profit excluding non-recurring gains and losses for the year-to-date was ¥3,726,726.29, a decrease of 66.44% year-on-year[3]. - The basic earnings per share for the third quarter was ¥0.03, down 66.67% compared to the same period last year[3]. - Total operating revenue for the first three quarters of 2025 was CNY 2,584,403,526.80, a decrease of 15.5% compared to CNY 3,059,862,349.77 in the same period of 2024[15]. - Net profit for the first three quarters of 2025 was CNY 23,928,648.86, a decline of 21.9% from CNY 30,635,307.68 in 2024[16]. - The company reported a total comprehensive income of CNY 14,196,734.44 for the first three quarters of 2025, down from CNY 25,668,904.01 in 2024, a decrease of 44.6%[16]. - Basic earnings per share for the first three quarters of 2025 were CNY 0.13, compared to CNY 0.16 in the same period of 2024, a decrease of 18.8%[16]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,081,498,226.28, an increase of 2.68% from the end of the previous year[3]. - Total current assets as of September 30, 2025, amount to ¥1,548,943,734.60, an increase from ¥1,534,576,409.38 as of December 31, 2024[12]. - Total assets as of September 30, 2025, are ¥3,081,498,226.28, compared to ¥3,001,160,208.31 as of December 31, 2024[13]. - Total current liabilities as of September 30, 2025, are ¥1,302,167,629.21, up from ¥1,178,276,656.85 as of December 31, 2024[13]. - The company's total liabilities increased to CNY 1,895,929,413.39 in 2025 from CNY 1,716,206,592.37 in 2024, representing an increase of 10.5%[14]. - The total equity attributable to shareholders decreased to CNY 1,108,954,628.06 in 2025 from CNY 1,118,917,694.55 in 2024, a decline of 0.8%[14]. Cash Flow - Cash flow from operating activities for the first three quarters of 2025 was negative at CNY -63,446,666.30, an improvement from CNY -220,518,720.50 in 2024[18]. - The company’s cash inflow from operating activities totaled CNY 4,973,711,569.55, an increase from CNY 3,516,658,893.70 in 2024[18]. - The net cash flow from investing activities was CNY -140,898,135.11 in 2025, worsening from CNY -99,348,399.77 in 2024[18]. - Net cash flow from financing activities was $214.36 million, a decrease from $570.66 million in the previous period[19]. - Total cash inflow from financing activities amounted to $1.45 billion, compared to $796.88 million last year[19]. - Cash outflow for debt repayment was $1.08 billion, significantly higher than $180.63 million in the prior period[19]. - The ending balance of cash and cash equivalents was $463.24 million, down from $691.89 million year-over-year[19]. - The company received $1.45 billion in borrowings, an increase from $795.60 million in the previous year[19]. - Cash dividends and interest payments totaled $32.96 million, compared to $42.12 million last year[19]. - The impact of exchange rate changes on cash and cash equivalents was a negative $2.36 million[19]. Business Strategy and Market Conditions - The decline in revenue and profits was attributed to reduced business activity due to complex international conditions and economic challenges[7]. - The company plans to adjust its business model to improve efficiency and profitability in response to market conditions[7]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 12,797[9]. - Hubei International Trade Group Co., Ltd. holds 26.00% of shares, totaling 53,664,000 shares[9]. - Jiangsu Yashi Investment Group Co., Ltd. holds 18.98% of shares, totaling 39,166,570 shares, with 18,200,000 shares pledged[9]. Fixed Assets - The company has a total of ¥734,509,042.24 in fixed assets as of September 30, 2025[12]. - The company’s cash and cash equivalents amount to ¥465,877,612.01 as of September 30, 2025, compared to ¥459,707,423.68 as of December 31, 2024[12]. - The company’s accounts receivable increased to ¥450,400,409.04 as of September 30, 2025, from ¥334,069,110.17 as of December 31, 2024[12]. Accounting Standards - The company did not apply new accounting standards starting from 2025[20].

关于召开2025年第三次临时股东会的通知 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： 股东会召开日期：2025年11月19日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 证券代码：603329 证券简称：上海雅仕 公告编号：2025-071 上海雅仕投资发展股份有限公司 一、召开会议的基本情况 (一)股东会类型和届次 2025年第三次临时股东会 (二)股东会召集人：董事会 (三)投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合 的方式 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 11 月 19 日14 点 30 分 召开地点：公司会议室（上海市浦东新区浦东南路 855 号 36 楼） (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 11 月 19 日 至2025 年 11 月 19 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时 ...

Core Insights - The company reported a significant decline in revenue and net profit for the third quarter and the first three quarters of the year [1] Financial Performance - Q3 revenue was 540 million yuan, a year-on-year decrease of 69.23% [1] - Q3 net profit was 5.52 million yuan, a year-on-year decrease of 69.64% [1] - Revenue for the first three quarters was 2.584 billion yuan, a year-on-year decrease of 15.54% [1] - Net profit for the first three quarters was 25.84 million yuan, a year-on-year decrease of 20.31% [1]