Core Viewpoint - The company *ST Xingnong (603789.SH) aims to enhance its profitability and core competitiveness by acquiring 100% equity of Zhongcheng Automobile from Green Pulse Automotive for a transaction price of 29.414 million yuan, which is expected to strengthen industrial synergy and reduce costs [1] Group 1: Acquisition Details - The acquisition agreement was signed on August 11, 2025, and upon completion, Zhongcheng Automobile will become a wholly-owned subsidiary of the company and will be included in the consolidated financial statements [1] - The transaction price for the acquisition is set at 29.414 million yuan [1] Group 2: Company Profile of Zhongcheng Automobile - Zhongcheng Automobile, established in January 2024, is located in Zhucheng City, Weifang, Shandong Province, and primarily engages in the production and processing of specialized vehicle body components [1] - The main products of Zhongcheng Automobile include plug-in board compartments, corrugated board compartments, warehouse fence cargo compartments, and engineering dump compartments [1] - As of April 2025, Zhongcheng Automobile obtained the production qualification certificate for specialized vehicles from the Ministry of Industry and Information Technology and is in the process of handling product announcements for various specialized vehicles [1]

Core Viewpoint - *ST Xingnong (603789.SH) announced a capital increase of 18 million yuan for its wholly-owned subsidiary, Xingguang Zhigu, to support the company's strategic planning and operational development needs [1] Group 1: Company Actions - The fifth meeting of the company's eleventh board of directors was held on August 11, 2025, to review and approve the capital increase proposal [1] - After the capital increase, the registered capital of Xingguang Zhigu will rise from 30.6 million yuan to 48.6 million yuan, while the equity structure remains unchanged, maintaining its status as a wholly-owned subsidiary of the company [1]

Market Overview - As of 14:00, the Shanghai Composite Index is at 3607.62 points, with a slight decline of -0.06% [1] - The total trading volume of A-shares today is 14,725.33 billion yuan [1] Technical Analysis - A total of 51 A-shares have seen their 5-day moving average cross below the 10-day moving average [1] - Notable stocks with significant distance between their 5-day and 10-day moving averages include: - HaHuan (301137) with a distance of -1.61% - BaiLi Electric (600468) with a distance of -1.18% - JingYun (601908) with a distance of -0.92% [1] Individual Stock Performance - HaHuan (301137) is down by -1.34% with a trading turnover of 3.48% and a latest price of 33.85 yuan, which is -4.08% from the 10-day moving average [1] - BaiLi Electric (600468) has decreased by -1.50% with a turnover of 1.91% and a latest price of 6.56 yuan, -4.39% from the 10-day moving average [1] - JingYun (601908) has dropped by -2.33% with a turnover of 2.38% and a latest price of 3.77 yuan, -4.02% from the 10-day moving average [1] Additional Stock Data - Other stocks showing a downward trend include: - SiFang (605122) down -3.17% with a latest price of 14.37 yuan - HaoLaiKe (603898) down -3.78% with a latest price of 10.19 yuan - HeDuan Intelligent (603011) down -1.14% with a latest price of 15.65 yuan [1] - Stocks with minor declines include: - SuNeng (600925) down -0.39% with a latest price of 5.07 yuan - ChangSha Bank (601577) up 0.70% with a latest price of 10.10 yuan [1][2]

Market Overview - The Shanghai Composite Index is at 3625.08 points, with a change of 0.43% [1] - The total trading volume of A-shares is 820.36 billion yuan [1] Stocks with Death Cross - 41 A-shares have seen their 5-day moving average cross below the 10-day moving average [1] - Notable stocks with significant distance between their 5-day and 10-day moving averages include: - HaHuan (301137) at -1.55% - BaiLi Electric (600468) at -1.12% - JingYunTong (601908) at -0.84% [1] Detailed Stock Performance - HaHuan (301137): Today's change is -0.70%, with a 5-day moving average of 34.76 yuan and a 10-day moving average of 35.31 yuan, showing a distance of -1.55% [1] - BaiLi Electric (600468): Today's change is -0.90%, with a 5-day moving average of 6.79 yuan and a 10-day moving average of 6.87 yuan, showing a distance of -1.12% [1] - JingYunTong (601908): Today's change is -1.55%, with a 5-day moving average of 3.90 yuan and a 10-day moving average of 3.93 yuan, showing a distance of -0.84% [1] Additional Stock Movements - Other stocks with notable movements include: - Ke (603898): -2.93% change, 5-day MA of 10.91 yuan, 10-day MA of 10.98 yuan, distance of -0.65% [1] - SiFang New Material (605122): -1.35% change, 5-day MA of 15.05 yuan, 10-day MA of 15.15 yuan, distance of -0.62% [1] - GuaiBao Pet (301498): 0.01% change, 5-day MA of 92.39 yuan, 10-day MA of 92.88 yuan, distance of -0.53% [1]

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。 星光农机股份有限公司（以下简称"公司"）董事会近日收到公司副总经理 丁刚先生递交的书面辞职报告。丁刚先生因工作安排，申请辞去公司副总经理职 务，辞职后不再担任公司及子公司任何职务。 一、高级管理人员离任情况 | | | | | 原定任期到 | | | | 是否继续在上 | 是否存在未 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 姓名 | 离任职务 | 离任时间 | | 期日 | | | 离任原因 | 市公司及其控 | 履行完毕的 | | | | | | | | | | 股子公司任职 | 公开承诺 | | 丁刚 | 副总经理 | 2025 年 | 7 月 | 2026 12 | 年 | 月 | 工作安排 | 否 | 否 | | | | 21 日 | | 20 | 日 | | | | | (一) 提前离任的基本情况 证券代码：603789 证券简称：*ST 星农 公告编号：2025-043 星光农 ...

[Starlight Agricultural Machinery Co., Ltd. 2025 Semi-Annual Performance Pre-Loss Announcement](index=1&type=section&id=Starlight%20Agricultural%20Machinery%20Co.%2C%20Ltd.%202025%20Semi-Annual%20Performance%20Pre-Loss%20Announcement) [Current Period Performance Forecast](index=1&type=section&id=I.%E3%80%81Current%20Period%20Performance%20Forecast) The company anticipates a net loss attributable to owners of the parent company between **-85.0 million CNY** and **-50.0 million CNY** for the first half of 2025, with non-recurring net profit ranging from **-90.0 million CNY** to **-55.0 million CNY**, based on unaudited preliminary estimates Performance Forecast Details | Metric | Estimated Range (CNY) | | :--- | :--- | | **Performance Forecast Period** | January 1, 2025 to June 30, 2025 | | **Net Profit Attributable to Parent Company Owners** | -85.0 million to -50.0 million | | **Net Profit After Non-Recurring Items** | -90.0 million to -55.0 million | - This performance forecast has not been audited by a certified public accountant[4](index=4&type=chunk) [Prior Period Operating Performance and Financial Status](index=1&type=section&id=II.%E3%80%81Prior%20Period%20Operating%20Performance%20and%20Financial%20Status) In the same period of 2024, the company reported a net loss attributable to parent company owners of **-48.95 million CNY** and a non-recurring net loss of **-77.97 million CNY**, indicating a potential widening of the overall loss but a possible narrowing of the non-recurring loss in H1 2025 2024 Semi-Annual Performance | Metric | 2024 Semi-Annual Performance | | :--- | :--- | | **Net Profit Attributable to Parent Company Owners** | -48.95 million CNY | | **Net Profit After Non-Recurring Items** | -77.97 million CNY | | **Earnings Per Share** | -0.1883 CNY | - Compared to the same period in 2024, the estimated net loss attributable to parent company owners for H1 2025 may widen (from **-48.95 million CNY** to a range of **-85.0 million CNY** to **-50.0 million CNY**), while the non-recurring net loss may narrow (from **-77.97 million CNY** to a range of **-90.0 million CNY** to **-55.0 million CNY**)[4](index=4&type=chunk)[5](index=5&type=chunk) [Primary Reasons for Current Period Performance Pre-Loss](index=2&type=section&id=III.%E3%80%81Primary%20Reasons%20for%20Current%20Period%20Performance%20Pre-Loss) Despite increased marketing efforts leading to year-over-year revenue growth, the company continues to incur losses in the first half due to sluggish industry demand, low capacity utilization, reduced gross margins, increased bad debt provisions for accounts receivable, and high fixed costs - Unfavorable external market conditions, including sluggish overall industry demand, persistently low grain prices, and insufficient market activity, contribute to the pre-loss[7](index=7&type=chunk) - Internal operational pressures persist, with continuous losses despite year-over-year revenue growth, constrained by low capacity utilization, low product gross margins, increased bad debt provisions for accounts receivable, and high fixed costs[7](index=7&type=chunk) [Risk Warning](index=2&type=section&id=IV.%E3%80%81Risk%20Warning) The company emphasizes that this performance forecast is unaudited, and final financial data will be based on the officially disclosed semi-annual report, with no significant uncertainties currently identified that would affect the forecast's accuracy - This performance forecast has not been audited by a certified public accountant, and the specific financial results will be confirmed by the auditor in the subsequent semi-annual report[8](index=8&type=chunk) - The company has not identified any significant uncertainties that would affect the accuracy of this performance forecast[8](index=8&type=chunk) [Other Explanatory Notes](index=2&type=section&id=V.%E3%80%81Other%20Explanatory%20Notes) The company reiterates that the forecast data are preliminary, advising investors to refer to the officially released 2025 semi-annual report for final figures and to be mindful of investment risks - The above forecast data are preliminary, and the precise financial figures will be subject to the company's officially disclosed 2025 semi-annual report[9](index=9&type=chunk) - The company advises investors to be aware of investment risks[9](index=9&type=chunk)

Core Viewpoint - *ST Xingnong (603789) expects a net profit attributable to the parent company for the first half of 2025 to be between -85 million and -50 million yuan, indicating ongoing financial challenges due to industry conditions and internal factors [1] Financial Performance - The company anticipates a net profit attributable to the parent company, excluding non-recurring gains and losses, to be between -90 million and -55 million yuan for the same period [1] - Despite a year-on-year increase in operating revenue due to enhanced marketing efforts and business expansion, the company still faces losses in the first half of the year [1] Industry Conditions - The overall industry demand remains sluggish, with grain prices continuing to decline, leading to insufficient market activity [1] - The combination of low capacity utilization, reduced product gross margins, provisions for bad debts on accounts receivable, and high fixed costs has significantly impacted the company's financial performance [1]

上会会计师事务所(特殊普通合伙) 关于上海证券交易所《关于对星光农机股份有限公司 2024 年年 度报告的信息披露监管问询函》的回复 上会业函字(2025)第 971 号 上海证券交易所上市公司管理一部: 贵部下发的《关于对星光农机股份有限公司 2024 年年度报告的信息披露监管问 询函》(上证公函I2025I0731 号，以下简称"问询函")已于 2025 年 6 月 3 日收悉，作 为星光农机股份有限公司 2024年审会计师,我们对问询函中提及的需要会计师发表 意见的事项回复如下: 间题1 关于保留意见。审计报告显示,在执行期初余额审计过程中,年审会计师对于 公司 2023 年度采棉农事服务按照总额法确认的收入 6,010 万元,未获得满意的证据 表明公司在上述交易中属于主要责任人角色,无法确定是否有必要对该项收入按净 额法进行调整,因此形成保留意见。上述农事服务业务系公司 2023年度新增业务, 报告期内,公司农事服务业务产生营业收入 886.58 万元。 请公司补充披露:(1)2023 年度及 2024 年度农事服务业务主要客户、供应商情 况,包括但不限于名称、成立时间、注册资本、主营业务、法定代表人 ...

证券代码：603789 证券简称：*ST 星农 公告编号：2025-041 星光农机股份有限公司 关于 2024 年年度报告的信息披露监管问询函 的回复公告 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。 星光农机股份有限公司(以下简称"公司"或"星光农机")于近期收到上海证 券交易所上市公司管理一部向公司发送的《关于星光农机股份有限公司 2024 年年度 报告的信息披露监管问询函》(上证公函【2025】0731 号，以下简称"《问询函》")， 公司及相关中介机构就《问询函》关注的问题逐项进行认真核查，现就《问询函》 相关问题回复并公告如下： 1 问题一：关于保留意见。 重叠或存在关联关系及其他业务往来，说明相关业务是否具备商业实质； 审计报告显示，在执行期初余额审计过程中，年审会计师对于公司 2023 年度 采棉农事服务按照总额法确认的收入 6,010 万元，未获得满意的证据表明公司在上 述交易中属于主要责任人角色，无法确定是否有必要对该项收入按净额法进行调整， 因此形成保留意见。上述农事服务业务系公司 2023 年度新增业 ...

New Stock Issuance - New stock issuance for Jiao Da Tie Fa at an issuance price of 8.81[1] - ST Li Fang and United Chemical have recent announcements dated May 14 and May 23 respectively[1] - Multiple companies including Zhongzhou Special Materials and San Sheng Guo Jian have announcements on May 23[1] Market Alerts - Significant abnormal fluctuations reported for Nanjing Port and Li Jun Co. on May 23[1] - ST Er Ya and ST Jin Hong have recent announcements regarding market conditions[1] - Companies like Hainan Development and ST Haihua have reported abnormal trading activities[1] Trading Updates - Trading updates for various companies including ST Ya Zhen and ST Jian Gang on May 27[1] - Multiple companies have links to their announcements for further details on trading activities[1] - The report includes a comprehensive list of companies with their respective announcement dates and links for investor reference[1]