Core Viewpoint - The A-share market shows a slight decline with the Shanghai Composite Index at 3863.17 points, down by 1.73%, while the total trading volume reaches 953.346 billion yuan, indicating a mixed performance among individual stocks breaking through the annual line [1] Group 1: Market Performance - As of 10:35 AM, the Shanghai Composite Index is at 3863.17 points, with a decrease of 1.73% [1] - The total trading volume in the A-share market is 9533.46 million yuan [1] Group 2: Stocks Breaking Through Annual Line - Six A-shares have surpassed the annual line today, with notable stocks including Qiule Agricultural, Zhangyue Technology, and Century Tianhong, showing significant deviation rates of 5.27%, 4.37%, and 1.57% respectively [1] - Stocks with smaller deviation rates that have just crossed the annual line include Zhonggang International, ST Tongmai, and Tianlong Group, with deviation rates of 0.29%, 0.82%, and 1.27% respectively [1] Group 3: Individual Stock Data - Qiule Agricultural (920087) has a price increase of 9.29% and a deviation rate of 5.27% [1] - Zhangyue Technology (603533) shows a price increase of 4.61% with a deviation rate of 4.37% [1] - Century Tianhong (300654) has a price increase of 1.76% and a deviation rate of 1.57% [1] - Tianlong Group (300063) has a price increase of 4.86% and a deviation rate of 1.27% [1] - ST Tongmai (603559) shows a price increase of 4.94% with a deviation rate of 0.82% [1] - Zhonggang International (000928) has a slight price increase of 0.31% and a deviation rate of 0.29% [1]

证券代码：603559 证券简称：ST 通脉 公告编号：2025-067 中通国脉通信股份有限公司 关于公司股票继续被实施其他风险警示相关事项的进展公告 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。 重要内容提示： ●中通国脉通信股份有限公司（以下简称"公司"）2022 年度内部控制审 计报告被致同会计师事务所（特殊普通合伙）出具了否定意见，根据《上海证券 交易所股票上市规则（2025 年 4 月修订）》9.8.1 条第（三）项的规定，公司股 票于 2023 年 5 月 4 日被上海证券交易所实施其他风险警示。 二、公司被实施其他风险警示后所采取的措施 针对内部控制报告中涉及的相关问题，公司高度重视，经董事会研究决定， 公司成立了内部控制整改小组（以下简称"整改小组"），公司内控整改工作持 续进行中，截至本公告披露日，整改小组负责全面内部控制建设，持续加强公司 内控体系建设和监督工作，确保公司在所有重大方面保持有效的内部控制。公司 十分重视内部控制审计报告中反映的问题，进一步加强风险管理和内控体系建设， 完善内控制度；强化内 ...

Financial Performance - The company's operating revenue for the third quarter was ¥131,887,120.38, representing a year-on-year increase of 3.45%[4] - The total profit for the period was a loss of ¥22,454,629.41, with a year-to-date loss of ¥65,490,575.67[4] - The net profit attributable to shareholders was a loss of ¥22,231,281.31 for the quarter, and a year-to-date loss of ¥64,925,902.84[4] - The basic and diluted earnings per share for the quarter were both -¥0.06, with year-to-date figures at -¥0.16[5] - Total operating revenue for the first three quarters of 2025 reached ¥307,046,078.42, an increase of 26.0% compared to ¥243,708,519.25 in the same period of 2024[17] - Total operating costs for the first three quarters of 2025 were ¥338,756,455.63, up 28.8% from ¥262,961,991.26 in the previous year[17] - Net loss for the first three quarters of 2025 was ¥65,492,296.46, compared to a net loss of ¥84,389,611.59 in the same period of 2024, representing a 22.4% improvement[18] - Basic and diluted earnings per share for the first three quarters of 2025 were both -¥0.16, an improvement from -¥0.59 in the same period of 2024[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,474,173,353.49, a decrease of 12.48% compared to the end of the previous year[5] - The equity attributable to shareholders was ¥951,653,207.71, down 6.32% from the previous year-end[5] - The company's total assets amounted to approximately ¥1.47 billion, a decrease from ¥1.68 billion as of December 31, 2024[13] - The company's current assets totaled approximately ¥1.41 billion, down from ¥1.62 billion in the previous period[14] - The company's total liabilities decreased to ¥530,621,428.18 in 2025 from ¥676,011,478.87 in 2024, a reduction of 21.5%[16] - The total equity attributable to shareholders decreased to ¥951,653,207.71 in 2025 from ¥1,015,819,423.34 in 2024, a decline of 6.3%[16] Cash Flow - The cash flow from operating activities for the year-to-date was -¥52,059,829.10, indicating negative cash flow[5] - The company's cash inflow from operating activities totaled ¥514,588,436.95 in the first three quarters of 2025, significantly higher than ¥105,000,068.47 in the same period of 2024[21] - Cash received from sales of goods and services was ¥140,459,135.79, compared to ¥85,237,353.12 in the first three quarters of 2024, marking a 64.8% increase[21] - The net cash flow from operating activities was -$52.06 million, compared to -$4.37 million in the previous period, indicating a significant decline in operational cash generation[22] - Total cash outflow from operating activities amounted to $566.65 million, up from $109.37 million, reflecting increased operational expenses[22] - The ending cash and cash equivalents balance was $25.57 million, down from $145.02 million at the beginning of the period, showing a significant reduction in liquidity[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,271[10] - The largest shareholder, Xinjiang Jinzheng Construction Technology Co., Ltd., holds 22.50% of the shares, totaling 90,287,321 shares[10] Operational Insights - The company reported non-operating income and expenses totaling -¥565,147.66 for the quarter, with a year-to-date total of -¥4,178,971.64[8] - The company has not reported any new product developments or technological advancements during this period[12] - There are no indications of market expansion or mergers and acquisitions in the recent financial report[12] - The company has not provided any future performance guidance or outlook in the current report[12] Expense Management - The company reported a significant increase in management expenses, which rose to ¥49,108,327.76 in 2025 from ¥23,241,524.39 in 2024, an increase of 111.5%[17] - The company’s credit impairment losses were reported at ¥33,083,579.24, compared to ¥21,282,776.34 in the previous year, indicating a 55.5% increase[18] - Cash paid to employees was $77.28 million, significantly higher than $38.18 million previously, indicating increased labor costs[22] - The company reported cash paid for taxes of $13.33 million, up from $1.83 million, reflecting higher tax obligations[22] Future Considerations - The company is set to implement new accounting standards starting in 2025, which may impact future financial reporting[24]

Market Overview - On October 24, the communication services sector declined by 0.25%, with *ST Yitong leading the drop [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Stock Performance - Notable gainers in the communication services sector included: - ST Xintong: Closed at 6.48, up 5.02% with a trading volume of 74,000 shares and a turnover of 47.49 million yuan [1] - Putian Technology: Closed at 24.58, up 3.45% with a trading volume of 168,900 shares and a turnover of 416 million yuan [1] - Pingzhi Information: Closed at 32.73, up 2.86% with a trading volume of 40,000 shares and a turnover of 130 million yuan [1] - Conversely, *ST Yitong experienced a decline, closing at 96.6, down 3.39% with a trading volume of 92,400 shares and a turnover of 92.96 million yuan [2] Capital Flow - The communication services sector saw a net outflow of 408 million yuan from institutional investors, while retail investors contributed a net inflow of 313 million yuan [2] - Specific stock capital flows included: - Aofei Data: Net outflow of 49.59 million yuan from institutional investors, with a net inflow of 10.08 million yuan from retail investors [3] - Putian Technology: Net inflow of 39.74 million yuan from institutional investors, with a net outflow of 2.43 million yuan from retail investors [3] - Data Port: Net inflow of 39.55 million yuan from institutional investors, with a net outflow of 56.21 million yuan from retail investors [3]

证券代码：603559 证券简称：ST 通脉 公告编号：2025-066 一、公司被实施其他风险警示的相关情况 致同会计师事务所（特殊普通合伙）对公司出具了否定意见的《2022 年度 内部控制审计报告》（详见公司于 2023 年 4 月 28 日披露的致同审字（2023）第 320A016842 号内控审计报告）和《2023 年度内部控制审计报告》（详见公司于 2024 年 4 月 30 日披露的致同审字（2024）第 320A017425 号内控审计报告）。 公司在 2024 年期间进行了重整，于 2024 年 12 月 30 日，被长春市中级人民 法院裁定确认公司《重整计划》执行完毕，并终结公司重整程序，公司按照相关 规定未披露 2024 年度财务报告内部控制审计报告。根据《上海证券交易所股票 上市规则（2025 年 4 月修订）》9.8.1 条第（三）项"最近一个会计年度财务报 告内部控制被出具无法表示意见或否定意见的审计报告，或未按照规定披露财务 1 中通国脉通信股份有限公司 关于公司股票继续被实施其他风险警示相关事项的进展公告 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 ...

Core Viewpoint - The company will hold a performance briefing on September 9, 2025, to discuss its 2025 semi-annual report and address investor concerns [3][4][6] Group 1: Meeting Details - The performance briefing is scheduled for September 9, 2025, from 10:00 to 11:00 [4][5] - The meeting will take place online at "Value Online" (www.ir-online.cn) [4][5] - Investors can submit questions until September 8, 2025, at 17:00 [5] Group 2: Participants - Key participants include Chairman and General Manager Li Xuegang, Vice Chairman and Secretary of the Board Yan Haitao, and Independent Director Wang Weiguo [4] Group 3: Investor Participation - Investors can join the briefing online and are encouraged to participate actively [5] - Contact information for inquiries includes Yan Haitao and Wu Yingying, with provided phone numbers and email [5] Group 4: Additional Information - After the briefing, investors can access the meeting's main content through Value Online or the Yidong app [6]

Group 1 - The company will hold a half-year performance briefing on September 9, 2025, from 10:00 to 11:00 [1][2] - The meeting will take place online at the Value Online platform [1][2] - Investors can submit questions before the meeting until September 8, 2025, at 17:00 [1][2] Group 2 - Key participants in the meeting include the Chairman and General Manager Li Xuegang, Vice Chairman and Secretary of the Board Yan Haitao, and Independent Director Wang Weiguo [2] - Investors can join the meeting through the provided link on the specified date and time [2] - After the meeting, investors can access the meeting details and main content through Value Online or the Yidong app [2]

证券代码：603559 证券简称：ST通脉 公告编号：2025-065 中通国脉通信股份有限公司 关于召开2025年半年度业绩说明会的公告 二、说明会召开的时间、地点和方式 会议召开时间：2025 年 9 月 9 日（星期二）10:00-11:00 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络互动方式 三、参加人员 董事长兼总经理 李学刚；副董事长兼董事会秘书兼财务总监 闫海涛；独立 董事 王卫国（如遇特殊情况，参会人员可能进行调整）。 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： 一、说明会类型 中通国脉通信股份有限公司（以下简称"公司"）已于 2025 年 8 月 29 日在 上海证券交易所网站（www.sse.com.cn）披露了《中通国脉通信股份有限公司 2025 年半年度报告》。为便于广大投资者更加全面深入地了解公司经营业绩、 财务状况等情况，公司定于 2025 年 9 月 9 日（星期二）10:00-11:00 在"价值 1 会议召开时间：2025 年 9 月 9 ...

Group 1 - The core viewpoint of the articles indicates that ST Tongmai (603559) has shown significant revenue growth in its 2025 mid-year report, with total operating income reaching 175 million yuan, a year-on-year increase of 50.71% [1] - The company reported a net profit attributable to shareholders of -42.69 million yuan, which is an improvement of 28.12% year-on-year [1] - In the second quarter, the total operating income was 96.42 million yuan, reflecting a year-on-year increase of 7.01%, while the net profit attributable to shareholders was -34.58 million yuan, up 28.93% year-on-year [1] Group 2 - The gross profit margin for the reporting period increased by 52.72% year-on-year, reaching 8.29%, while the net profit margin improved by 51.98% to -24.57% [1] - Total selling, administrative, and financial expenses amounted to 32.04 million yuan, accounting for 18.29% of revenue, which is a year-on-year increase of 6.16% [1] - The company’s earnings per share were -0.11 yuan, an increase of 73.17% year-on-year, while the net asset per share rose to 2.43 yuan, up 496.88% year-on-year [1] Group 3 - Historical data indicates that the company's return on invested capital (ROIC) has been generally low, with a median ROIC of 5.87% since its listing, and a particularly poor ROIC of -61.84% in 2023 [2] - The company has experienced five years of losses out of eight annual reports since its listing, suggesting a generally unfavorable investment outlook [2] - The company maintains a healthy cash asset position, but there are concerns regarding cash flow, financial expenses, and accounts receivable due to negative net profit [2]

Financial Performance - The company's total revenue is 175 million yuan, ranking 36th among disclosed peers [1] - The net profit attributable to the parent company is -42.6946 million yuan, ranking 35th among disclosed peers [1] - The net cash inflow from operating activities is 71.1477 million yuan [1] Key Financial Ratios - The latest debt-to-asset ratio is 34.12% [3] - The latest gross profit margin is 8.30%, ranking 33rd among disclosed peers, a decrease of 3.97 percentage points from the previous quarter [3] - The latest return on equity (ROE) is -4.39%, ranking 34th among disclosed peers [3] - The diluted earnings per share is -0.11 yuan, ranking 35th among disclosed peers [3] - The latest total asset turnover ratio is 0.11 times, ranking 34th among disclosed peers [3] - The latest inventory turnover ratio is 0.45 times, ranking 35th among disclosed peers [3]