Core Points - The stock price of Jiacheng International (603535) closed at 10.63 yuan on October 17, 2025, down 6.92% from the previous week [1] - The company's current market capitalization is 5.431 billion yuan, ranking 21st in the logistics sector and 3014th in the A-share market [1] Company Announcements - Jiacheng International plans to use 26.5 million yuan of idle raised funds for cash management, investing in bank cash management products with expected annual yields of 1.81%, 1.68%, and 1.67% from Ping An Bank, Industrial and Commercial Bank of China, and Bank of China respectively [2][4] - A major shareholder, Guangdong Hengshang Industrial Investment Co., Ltd., plans to reduce its holdings by up to 5,109,129 shares, not exceeding 1% of the total share capital, due to financial reasons [2][4]

Shareholder Reductions - Shentong Technology's director Lin Lin plans to reduce holdings by no more than 1.28% [1] - Liandong Technology's actual controller and its concerted parties plan to reduce holdings by no more than 2.9963% [1] - Jiacheng International's shareholder Hengshang Investment plans to reduce holdings by no more than 1% [1] - Aerospace Engineering's shareholders Guochuang Fund and New Car Fund plan to reduce a total of no more than 16.0797 million shares [1] - Youfa Group's director Zhang Degang plans to reduce holdings by no more than 3.54 million shares [1] - Juxing Agriculture's shareholder Hebang Group plans to reduce holdings by no more than 2% [1] - Hunan Baiyin's shareholder Chenzhou Guokong plans to reduce holdings by no more than 2% [1] - Huile Ecology's shareholder Ningbo Huining has reduced a total of 18.8465 million shares [1] - Langkun Technology's shareholders Huadi Guangda and Qiandeng Huadi have completed a total reduction of 2.1137 million shares [1] - Aorui De's shareholder Gongqingcheng Kunsun has reduced a total of 16.01 million shares [1] - Suotong Development's shareholders Lang Guanghui and Xuan Yuan Ke Xin 182 have reduced a total of 7.9655 million shares [1] - Jianglong Shipbuilding's Zhao Shenghua has reduced a total of 1.5398% of shares [1] - Xingtong Shares' shareholder and director Wang Lianghua has completed a reduction of 4.2 million shares [1] Other Financial Information - Huaxia Happiness has a total of 24 billion 7 million yuan in overdue debt [1] - Jiaao Environmental Protection reported a net loss of 25.3659 million yuan in the first three quarters [1]

证券日报网讯10月17日晚间，嘉诚国际（603535）发布公告称，公司股东广东恒尚产业投资有限公司 (原名：广东恒尚投资管理有限公司，简称"恒尚投资")，现因国有企业业务财务原因，自公告之日起15 个交易日后的连续90日减持公司股份，减持不超过公司总股本的1%，即5，109，129股，且任意连续90 个自然日内减持股份不超过总股本的1%，即5，109，129股(若此期间有送股、资本公积转增等股本变 动事项，上述数量进行相应调整)。 ...

Core Viewpoint - As of October 17, 2025, Jiacheng International (603535) closed at 10.63 yuan, down 0.93%, with a trading volume of 42,400 hands and a transaction amount of 45.28 million yuan [1] Group 1: Financial Performance - Jiacheng International reported a total revenue of 683 million yuan for the first half of 2025, an increase of 3.93% year-on-year [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] - In Q2 2025, the company achieved a quarterly revenue of 398 million yuan, a year-on-year increase of 9.0%, and a quarterly net profit of 55.77 million yuan, up 6.21% year-on-year [3] Group 2: Market Position and Ratios - Jiacheng International's total market capitalization is 5.431 billion yuan, with a net asset value of 2.722 billion yuan [3] - The company has a price-to-earnings ratio (P/E) of 22.97 and a price-to-book ratio (P/B) of 2.09, compared to industry averages of 8.03 and 2.64 respectively [3] - The gross margin stands at 33.62%, significantly higher than the industry average of 14.56%, and the net margin is 17.41%, also above the industry average of 5.74% [3] Group 3: Capital Flow Analysis - On October 17, 2025, the net outflow of main funds was 2.8173 million yuan, accounting for 6.22% of the total transaction amount, while the net inflow of speculative funds was 3.2101 million yuan, making up 7.09% [1][2] - Over the past five days, the main funds have consistently shown a net outflow, with the largest outflow recorded on October 15 at 10.6928 million yuan, which was 19.29% of the total transaction amount [2]

Group 1 - The core point of the article is that Guangdong Hengshang Industrial Investment Co., Ltd. plans to reduce its stake in Jiacheng International by selling up to 5.1091 million shares, which represents 1% of the company's total share capital, within 90 days after 15 trading days from the announcement date [1] Group 2 - The shareholder, Guangdong Hengshang, currently holds a 7.86% stake in Jiacheng International [1] - The reduction in shares is part of a planned divestment strategy by the shareholder [1] - The announcement was made on October 17, indicating the timeline for the potential share reduction [1]

| 证券代码：603535 | 证券简称：嘉诚国际 公告编号：2025-050 | | --- | --- | | 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 5%以上股东减持股份计划的公告 本公司董事会、全体董事及相关股东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： 股东减持的基本情况：广州市嘉诚国际物流股份有限公司(以下简称 "公司")股东广东恒尚产业投资有限公司(原名：广东恒尚投资管理 有限公司，以下简称"恒尚投资"),现因国有企业业务财务原因，自 公告之日起 15 个交易日后的连续 90 日减持公司股份，减持不超过公 司总股本的 1%，即 5,109,129 股，且任意连续 90 个自然日内减持股份 不超过总股本的 1%，即 5,109,129 股（若此期间有送股、资本公积转 增等股本变动事项，上述数量进行相应调整）。 上述减持主体无一致行动人。 1 持股比例 7.86% 当前持股股份来源 IPO 前取得：40,174,236股 预披露期间，若公司股票发生停牌情形的，实际开始减 ...

| 证券代码：603535 | 证券简称：嘉诚国际 | 公告编号：2025-049 | | --- | --- | --- | | 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 使用部分闲置募集资金进行现金管理的进展公告 | 投资金额 | 26,500 万元 | | --- | --- | | 投资种类 | 现金管理类理财产品 | | 资金来源 | 募集资金 | 已履行及拟履行的审议程序: 广州市嘉诚国际物流股份有限公司（以 下简称"公司"）于 2025 年 9 月 9 日召开第五届董事会第二十三次会议、第 五届监事会第十九次会议，审议通过《关于使用暂时闲置募集资金进行现金 管理的议案》。董事会同意公司（含全资子公司）使用不超过人民币 28,000 万元的暂时闲置募集资金进行现金管理。在上述额度内，资金可以滚动使用。 特别风险提示: 公司使用暂时闲置募集资金进行现金管理的产品类 型虽然仅限于发行主体是银行或其他金融机构的安全性高、流动性好的低风 险理财产品，总体风险可控，但是金融市场受宏观经济的影响较大，购买理 财产品可能存在市场风险、流动性风险、信用风险及其他风 ...

Core Viewpoint - The announcement from Jiacheng International indicates a planned share reduction by a major shareholder due to financial reasons related to state-owned enterprises, which may impact the company's stock performance and investor sentiment [1] Summary by Relevant Sections Shareholder Actions - Guangdong Hengshang Industrial Investment Co., Ltd. will reduce its stake in Jiacheng International Logistics by up to 1% of the total share capital, approximately 5.11 million shares, starting 15 trading days from the announcement date [1] - The shareholder is allowed to reduce shares not exceeding 1% of the total share capital, approximately 5.11 million shares, within any consecutive 90 calendar days [1] Market Sentiment - The news may influence market perception of Jiacheng International, particularly in light of the ongoing discussions about the performance of various sectors, including technology and consumer goods [1]

Core Viewpoint - 嘉诚国际 (603535.SH) announced that its shareholder, 广东恒尚产业投资有限公司, will reduce its stake in the company due to financial reasons related to state-owned enterprises [1] Group 1 - The shareholder plans to reduce its holdings by up to 1% of the total share capital, which amounts to 5,109,100 shares [1] - The reduction will occur within 15 trading days from the announcement date and will be limited to a continuous period of 90 days [1] - Any adjustments to the number of shares to be reduced will be made in case of stock changes such as bonus shares or capital reserve increases during this period [1]

格隆汇10月17日丨嘉诚国际(603535.SH)公布，股东广东恒尚产业投资有限公司(原名：广东恒尚投资管 理有限公司，简称"恒尚投资"),现因国有企业业务财务原因，自公告之日起15个交易日后的连续90日减 持公司股份，减持不超过公司总股本的1%，即510.91万股，且任意连续90个自然日内减持股份不超过 总股本的1%，即510.91万股（若此期间有送股、资本公积转增等股本变动事项，上述数量进行相应调 整）。 ...