Core Viewpoint - The company has decided to temporarily use idle raised funds amounting to RMB 295 million for supplementing working capital, with a repayment plan in place within 12 months [1][2]. Group 1: Fund Usage - The company approved the use of idle raised funds totaling RMB 295 million to temporarily supplement working capital [1]. - The usage period for these funds is not to exceed 12 months from the date of the board meeting approval [1]. - The company has received a clear consent from the sponsor institution regarding the temporary use of these funds [1]. Group 2: Fund Management - During the period of using idle raised funds, the company has arranged and utilized the funds reasonably, ensuring that the investment plans remain unaffected [2]. - The company has fully repaid the RMB 295 million used for temporary working capital back to the dedicated raised funds account [2]. - The company has promptly notified the sponsor institution about the repayment of the funds [2].

Core Viewpoint - Guangzhou Jiacheng International Logistics Co., Ltd. has announced the reallocation of remaining fundraising of 239.8882 million yuan from the completed cross-border e-commerce smart logistics center project to the "Free Trade Port Cloud Intelligence International Distribution Center" project to ensure the efficient use of raised funds [1] Fundraising Management - The company has signed a tripartite supervision agreement for the management of raised funds with Guotai Junan Securities Co., Ltd. and two banks: Industrial and Commercial Bank of China and Ping An Bank [1][2] - The new bank accounts for the fundraising are opened at Industrial and Commercial Bank of China and Ping An Bank, with both the company and its subsidiary involved in the account management [2] Supervision and Compliance - The tripartite supervision agreement outlines that the supervising party (Guotai Junan Securities) will conduct semi-annual inspections of the fundraising usage and storage, ensuring compliance with regulatory requirements [3][4] - The agreement is effective until all funds are fully utilized and the accounts are closed or terminated by mutual consent [3][4]

特此公告。 广州市嘉诚国际物流股份有限公司 | 证券代码：603535 | 证券简称：嘉诚国际 | 公告编号：2025-041 | | --- | --- | --- | | 债券代码：113656 | 债券简称：嘉诚转债 | | 广州市嘉诚国际物流股份有限公司关于 提前归还暂时补充流动资金的闲置募集资金的公告 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个别及连带责任。 广州市嘉诚国际物流股份有限公司（以下简称"公司"）召开第五届董事会 第十四次会议、第五届监事会第十一次会议，审议通过《关于使用暂时闲置募集 资金临时补充流动资金的议案》，同意公司使用总额不超过人民币 29,500 万元的 暂时闲置募集资金临时补充流动资金，使用期限不超过第五届董事会第十四次会 议审议通过之日起 12 个月，保荐机构就公司使用暂时闲置募集资金临时补充流 动资金事项出具了明确同意的专项核查意见。有关上述事项的《关于使用暂时闲 置募集资金临时补充流动资金的公告》（公告编号：2024-030）已刊登在指定媒 体及上海证券交易所网站。 公司在闲置募集资金暂时补 ...

广州市嘉诚国际物流股份有限公司 关于签订募集资金专户存储三方监管协议的公告 本公司及董事会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个别及连带 责任。 根据 2025 年 4 月 22 日召开广州市嘉诚国际物流股份有限公司（以下简称"公 司"）2025 年第一次临时股东会及 2025 年第一次债券持有人会议审议通过，鉴 于原募投项目跨境电商智慧物流中心及配套建设已结项，为保证募集资金规范使 用、提高募集资金使用效率，将该项目剩余募集资金 23,988.82 万元变更调整用 于"自贸港云智国际分拨中心"项目。公司将继续对变更后募集资金进行专户存 储管理。 一、 《募集资金专户存储三方监管协议》的签订情况和募集资金专户的开立情 况 为规范募集资金管理，保护中小投资者的权益，根据中国证监会《上市公司 募集资金监管规则》（2025 年）《上海证券交易所上市公司自律监管指引第 1 号——规范运作》等法律法规要求，公司及子公司嘉诚国际网络科技供应链（三 亚）有限公司（以下简称"嘉诚三亚"）与国泰海通证券股份有限公司（保荐机 构，原名国泰君安证券股份有限公司， ...

| 证券代码：603535 | 证券简称：嘉诚国际 | 公告编号：2025-040 | | --- | --- | --- | | 债券代码：113656 | 债券简称：嘉诚转债 | | 广州市嘉诚国际物流股份有限公司 关于全资子公司获得银行授信暨提供担保的公告 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个别及连带 责任。 重要内容提示： ●被担保人名称：广州市大金供应链管理有限公司（以下简称"大金供应链"）； 天运国际科技供应链（海南）有限公司（以下简称"天运海南"）。 ●本次担保金额：广州市嘉诚国际物流股份有限公司（以下简称"公司"）为全 资子公司大金供应链、天运海南向银行申请授信额度提供担保责任，担保金额分 别为人民币 5,000.00 万元、32,500.00 万元。 ●本次担保不存在反担保。 ●截至本公告披露日，公司无对外担保逾期情况。 公司全资子公司大金供应链、天运海南，为满足日常经营的资金需求，中国 银行股份有限公司广东自贸试验区南沙分行（以下简称"中国银行"）向大金供 应链提供金额为 5,000.00 万元的流动资金 ...

Core Insights - 嘉诚国际 (603535) reported a total revenue of 683 million yuan for the first half of 2025, reflecting a year-on-year increase of 3.93% [1] - The company's net profit attributable to shareholders remained at 118 million yuan, with a slight increase of 0.29% year-on-year [1] - The company has a significant accounts receivable issue, with accounts receivable amounting to 754 million yuan, which is 368.43% of the net profit [1][4] Financial Performance - Total revenue for 2025 was 683 million yuan, compared to 657 million yuan in 2024, marking a 3.93% increase [1] - The gross profit margin decreased to 33.62%, down 5.06% year-on-year, while the net profit margin fell to 17.41%, a decrease of 2.95% [1] - Total expenses (selling, administrative, and financial) amounted to 66.4 million yuan, accounting for 9.73% of revenue, which is a decrease of 10.96% year-on-year [1] Cash Flow and Debt - The net cash flow from operating activities increased by 57.5%, attributed to improved collections from the comprehensive logistics business [3] - The company’s interest-bearing debt rose to 1.465 billion yuan, an increase of 14.11% year-on-year [1][2] - The cash position is concerning, with cash and cash equivalents representing only 8.88% of total assets and 60.68% of current liabilities [4] Business Operations - The increase in revenue is driven by new business initiatives and growth in comprehensive logistics services [2] - Management expenses decreased by 14.11% due to optimization of personnel structure [3] - The company’s return on invested capital (ROIC) was 6.75%, indicating average capital returns, with a historical median ROIC of 8.98% since its listing [3] Market Position - The largest fund holding 嘉诚国际 is 富国可转债A, which has a scale of 1.524 billion yuan and has seen a 32.08% increase over the past year [4] - The company’s reliance on capital expenditure for performance improvement necessitates careful monitoring of capital projects and associated financial pressures [3]

Core Viewpoint - As of August 27, 2025, Jiacheng International (603535) closed at 12.57 yuan, down 3.23%, with a trading volume of 142,500 hands and a transaction amount of 182 million yuan [1] Group 1: Stock Performance and Trading Data - On August 27, 2025, the net inflow of main funds was 8.9736 million yuan, accounting for 4.92% of the total transaction amount [1] - Retail investors experienced a net outflow of 13.6011 million yuan, representing 7.45% of the total transaction amount [1] - Over the past five days, the stock price fluctuated, with a peak closing price of 12.99 yuan on August 26, 2025, reflecting a 3.51% increase [2] Group 2: Financial Performance and Industry Comparison - Jiacheng International reported a total revenue of 683 million yuan for the first half of 2025, a year-on-year increase of 3.93% [3] - The net profit attributable to shareholders was 118 million yuan, up 0.29% year-on-year, while the non-recurring net profit decreased by 2.13% to 116 million yuan [3] - The company’s gross profit margin stood at 33.62%, significantly higher than the industry average of 14.82%, ranking 5th in the logistics sector [3]

Group 1 - The core viewpoint of the article highlights that Jiacheng International has seen an increase in shareholder accounts and average shareholding value, indicating growing investor interest [1][4] - As of June 30, 2025, the number of shareholders reached 15,452, an increase of 1,898 accounts or 14.0% compared to March 31, 2025 [1][2] - The average shareholding value per account is 351,800 yuan, which is slightly below the logistics industry average of 368,300 yuan [1][2] Group 2 - From March 31, 2025, to June 30, 2025, Jiacheng International's stock price increased by 21.45%, coinciding with the increase in shareholder accounts [1][2] - During the same period, the net outflow of funds from major investors was 128 million yuan, while retail investors contributed a net inflow of 197 million yuan [4] - The average number of shares held per account rose from 25,500 to 33,100 shares during this timeframe [1][2]

Group 1 - The core viewpoint of the article highlights the financial performance of Jiacheng International, reporting a revenue increase and stable net profit for the first half of 2025 [1] - Jiacheng International's revenue for the first half of 2025 is approximately 683 million yuan, representing a year-on-year increase of 3.93% [1] - The net profit attributable to shareholders for the same period is about 118 million yuan, showing a slight year-on-year increase of 0.29% [1] - The basic earnings per share for Jiacheng International is reported at 0.23 yuan, with no change compared to the previous year [1] Group 2 - As of the report, Jiacheng International has a market capitalization of 6.6 billion yuan [2]

格隆汇8月26日丨嘉诚国际(603535.SH)发布2025年半年度报告，报告期实现营业收入6.83亿元，同比增 长3.93%；归属上市公司股东的净利润1.18亿元，同比增长0.29%；扣除非经常性损益后的归属于上市公 司股东的净利润1.16亿元，同比下降2.13%；基本每股收益0.23元。 ...