Core Viewpoint - The logistics sector experienced a slight increase of 0.33% on January 9, with *ST Yuanshang leading the gains, while the overall market indices also showed positive performance [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 4120.43, up by 0.92% [1]. - The Shenzhen Component Index closed at 14120.15, up by 1.15% [1]. - The logistics sector stocks showed varied performance, with *ST Yuanshang rising by 5.00% to a closing price of 42.60 [1]. Group 2: Individual Stock Performance - *ST Yuanshang (603813) led the gains with a closing price of 42.60 and a trading volume of 14,900 [1]. - ST Xuefa (002485) increased by 4.54% to 4.61, with a trading volume of 86,400 [1]. - Hongchuan Wisdom (002930) rose by 2.67% to 11.16, with a trading volume of 86,400 [1]. - Chuanhua Zhili (002010) saw a 1.62% increase, closing at 6.28 with a trading volume of 550,900 [1]. - Yongtaiyun (001228) increased by 1.56% to 26.70, with a trading volume of 26,600 [1]. Group 3: Capital Flow - The logistics sector experienced a net outflow of 386 million yuan from institutional investors, while retail investors saw a net inflow of 324 million yuan [2]. - The main capital inflow and outflow for specific stocks were detailed, with notable movements in stocks like Shunfeng Holdings (002352) and Chuanhua Zhili (002010) [3].

Core Viewpoint - The company announced a board meeting to approve a guarantee for its subsidiary's financing needs, indicating a strategic move to support business development through financial arrangements [1] Group 1: Company Actions - The company will hold its 12th board meeting on December 30, 2025, to discuss the proposal for providing guarantees for its subsidiary [1] - The full subsidiary, Beijing Juran Home Chain Co., Ltd., plans to sign a financing agreement with Shanghai Pudong Development Bank Beijing Branch for a credit limit of RMB 500 million [1] - The company intends to provide a joint liability guarantee for this credit facility through a maximum guarantee contract with the bank [1] Group 2: Subsidiary Involvement - The subsidiary, Hohhot Juran Home Commercial Real Estate Co., Ltd., will also participate by signing a maximum mortgage contract with the bank [1] - The mortgage will be secured by a property located at the intersection of Erdos Street and Xilin Gol South Road in Hohhot [1] - The total principal amount of the guaranteed debt will not exceed RMB 500 million [1]

Core Viewpoint - The company received an inquiry letter from the Shanghai Stock Exchange regarding its Q3 2025 report, prompting a detailed response about its financial performance and business operations [1]. Financial Performance - The company reported a revenue of 335 million yuan for the first three quarters of 2025, representing a year-on-year increase of 38.57%. In Q3 alone, revenue reached 147 million yuan, up 87.82%, accounting for 43.88% of the total revenue for the first three quarters [1]. - The net profit attributable to shareholders was -41 million yuan, with the loss widening by 40.75% year-on-year. The net cash flow from operating activities was 21 million yuan, down 77.64% compared to the previous year [1]. Business Segments - The company operates in several business segments, including comprehensive logistics services, leasing services, logistics equipment sales, insurance agency, and commodity sales. The comprehensive logistics services include automotive parts transportation and non-automotive parts logistics [1][2][4]. - The automotive parts logistics business has been significantly impacted by the shift towards electric vehicles, leading the company to diversify into other logistics areas, such as bulk commodity transportation and e-commerce logistics [6][8]. Customer and Supplier Information - The company has established relationships with major clients and suppliers across its business segments, with detailed disclosures on the top five clients and suppliers, including their business nature and transaction amounts [9][23]. - New business developments, particularly in coal transportation from Xinjiang, are expected to provide sustainable revenue streams due to the region's significant coal reserves and strategic importance [10][17]. Revenue Recognition and Accounting Practices - The company employs both gross and net revenue recognition methods depending on the nature of the contracts and the level of control over the logistics processes. This approach aligns with industry practices and accounting standards [15][20]. - The revenue recognition methods have been consistent with previous years, ensuring compliance with accounting principles [16][20]. Cash Flow and Accounts Receivable - The company reported a significant increase in accounts receivable, totaling 144 million yuan, which grew by 137.94% year-on-year, outpacing revenue growth. This discrepancy is attributed to differences in payment terms across various business segments [22][24]. - The cash flow from operating activities has been negatively impacted by the revenue structure adjustment and slower payment cycles from clients, particularly in new projects [21][24]. Investment Activities - The company has made substantial investments in fixed assets, with cash outflows of 66.06 million yuan for the first three quarters of 2025, primarily for the construction of the Guangzhou Airport Smart Logistics Center [25][26]. - The construction projects are progressing as planned, with detailed updates on the completion status of various components [25].

证券代码：603813 证券简称：*ST 原尚 公告编号：2025-089 广东原尚物流股份有限公司 关于对公司 2025 年三季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个别及连带责任。 广东原尚物流股份有限公司（以下简称"公司"）于 2025 年 11 月 7 日收到上 海证券交易所下发的《关于广东原尚物流股份有限公司 2025 年三季度报告的信 息披露监管问询函》（上证公函〔2025〕3865 号，以下简称"问询函"），公司就 问询函中所提及的问题逐项进行了认真分析，现将相关问题回复如下： 1.关于经营业绩。三季报显示，公司前三季度实现营业收入 3.35 亿元，同 比增长 38.57%；其中第三季度实现营业收入 1.47 亿元，同比增长 87.82%，占 前三季度营业收入的 43.88%，主要是开拓新业务增长。而公司前三季度归母净 利润为-0.41 亿元，亏损幅度同比扩大 40.75%，经营活动产生的现金流净额为 0.21 亿元，同比下降 77.64%，与营业收入变动趋势相反。请公司： ...

登录新浪财经APP 搜索【信披】查看更多考评等级 今日，公司通过银行查询获悉上述被冻结的资金已经全部解除冻结，现将相关情况公告如下： 一、本次资金解除冻结的情况 因公司与广东华辉建设有限公司（以下简称"华辉建设"）的建设工程纠纷案，公司在中国农业银行广州 东荟城支行开立的一般户被冻结3,000万元。近日，公司与华辉建设已就本案达成和解，广东省广州市 黄埔区人民法院作出了（2025）粤0112民初22349号《民事调解书》。双方正按照上述民事调解书内容 执行。 公司今日获悉上述被冻结的资金已经全部解除冻结，具体情况如下： ■ 证券代码：603813 证券简称：*ST原尚 公告编号：2025-088 广东原尚物流股份有限公司 关于公司银行账户资金解除冻结的公告 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。 广东原尚物流股份有限公司（以下简称"公司"）前期部分银行账户存在被冻结的情况，具体内容详见公 司于2025年4月4日披露的《原尚股份关于部分银行账户资金被冻结的公告》（公告编号：2025-020）。 本次银行账户资金被冻 ...

证券代码：603813 证券简称：*ST 原尚 公告编号：2025-088 广东原尚物流股份有限公司 关于公司银行账户资金解除冻结的公告 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。 广东原尚物流股份有限公司（以下简称"公司"）前期部分银行账户存在被冻 结的情况，具体内容详见公司于 2025 年 4 月 4 日披露的《原尚股份关于部分银 行账户资金被冻结的公告》（公告编号：2025-020）。 今日，公司通过银行查询获悉上述被冻结的资金已经全部解除冻结，现将相 关情况公告如下： 一、本次资金解除冻结的情况 因公司与广东华辉建设有限公司（以下简称"华辉建设"）的建设工程纠纷案， 公司在中国农业银行广州东荟城支行开立的一般户被冻结 3,000 万元。近日，公 司与华辉建设已就本案达成和解，广东省广州市黄埔区人民法院作出了（2025） 粤 0112 民初 22349 号《民事调解书》。双方正按照上述民事调解书内容执行。 2 / 2 公司今日获悉上述被冻结的资金已经全部解除冻结，具体情况如下： | 户名 | 开户行 | 账户类 ...

New Stock Listings - Nant Technology (920124) listed at an issue price of 8.66 on November 27, 2025[1] - Tianpu Co., Ltd. (605255) is in the offer period from November 20 to December 19, 2025[1] - Jianglong Shipbuilding (300589) and Huasheng Lithium Battery (688353) reported significant abnormal fluctuations[1] Abnormal Fluctuations - Multiple companies including ST Wanfang (000638) and ST Dongyi (002713) have reported abnormal trading activities[2] - Companies such as ST Suwu (600200) and ST Yanshan (000608) are also under scrutiny for unusual market behavior[3]

Core Insights - The logistics sector experienced a slight decline of 0.22% on November 26, with Huapengfei leading the drop [1] - The Shanghai Composite Index closed at 3864.18, down 0.15%, while the Shenzhen Component Index rose by 1.02% to 12907.83 [1] Stock Performance - Tian Shun Co. (002800) saw a significant increase of 10.03%, closing at 16.02 with a trading volume of 115,700 shares and a turnover of 181 million yuan [1] - Other notable gainers included ST Yuanshang (603813) with a 3.49% increase and ST Xuefa (002485) with a 3.23% increase [1] - Conversely, Huapengfei (300350) led the declines with a drop of 4.58%, closing at 7.09 with a trading volume of 634,600 shares and a turnover of 456 million yuan [2] Capital Flow - The logistics sector saw a net inflow of 47.53 million yuan from institutional investors, while retail investors contributed a net inflow of 14.24 million yuan [2] - However, there was a net outflow of 61.77 million yuan from speculative funds [2] Individual Stock Capital Flow - Shunfeng Holdings (002352) experienced a net inflow of 16.216 million yuan from institutional investors, while retail investors had a net outflow of 30.37 million yuan [3] - Tian Shun Co. (002800) had a net inflow of 61.97 million yuan from institutional investors, with a net outflow of 32.22 million yuan from speculative funds [3] - Hong Chuan Wisdom (002930) saw a net inflow of 27.68 million yuan from institutional investors, while retail investors had a net outflow of 15.45 million yuan [3]

New Stock Issuance - The new stock issuance for Moer Thread (证券代码: 787795) is priced at 114.28 RMB per share, effective from November 24, 2025[1] - Tianpu Co., Ltd. (证券代码: 605255) is undergoing a tender offer period from November 20 to December 19, 2025[1] Cash Options - Hangzhou Qilun B (证券代码: 200771) has a cash option declaration period from November 19 to November 25, 2025[1] Market Alerts - Jiumuwang (证券代码: 601566) has reported severe abnormal fluctuations[1] - Hefu China (证券代码: 603122) is also noted for significant abnormal fluctuations[1] Recent Announcements - Huasheng Lithium Battery (证券代码: 688353) and Pinming Technology (证券代码: 688109) have recent announcements regarding their stock activities[1] - ST Yuan Cheng (证券代码: 603388) and ST Keli Da (证券代码: 603828) have also made recent disclosures[1] Trading Updates - The trading updates include various companies with links to their respective announcements, indicating ongoing market activities and potential investment opportunities[1]

Core Insights - The logistics sector experienced a slight increase of 0.17% on November 20, with *ST Yuanshang leading the gains [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Stock Performance - *ST Yuanshang (603813) closed at 40.28, up 5.01% with a trading volume of 18,100 [1] - Hongchuan Wisdom (002930) closed at 11.36, up 3.09% with a trading volume of 150,400 [1] - Jiayou International (603871) closed at 13.60, up 2.49% with a trading volume of 81,700 [1] - YTO Express (600233) closed at 16.67, up 2.40% with a trading volume of 121,940 [1] - Xiamen Weimao (600755) closed at 6.70, up 1.98% with a trading volume of 958,600 [1] - Dongfang Jiasheng (002889) closed at 16.15, up 1.89% with a trading volume of 181,000 [1] - Yongtaiyun (001228) closed at 28.11, up 1.63% with a trading volume of 27,700 [1] - Wanlin Logistics (603117) closed at 5.55, up 1.46% with a trading volume of 247,500 [1] - Shentong Express (002468) closed at 14.48, up 1.33% with a trading volume of 202,500 [1] - Jianfa Co., Ltd. (600153) closed at 10.47, up 1.16% with a trading volume of 172,100 [1] Capital Flow - The logistics sector saw a net outflow of 310 million yuan from institutional investors, while retail investors contributed a net inflow of 227 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2][3] Individual Stock Capital Flow - Xiamen Guomao (600755) experienced a net outflow of 50.21 million yuan from institutional investors [3] - Wanlin Logistics (603117) saw a net inflow of 14.26 million yuan from institutional investors [3] - Dongfang Jiasheng (002889) had a net inflow of 12.42 million yuan from institutional investors [3] - Other stocks like Huaguang Yu Hai (920351) and Zhejiang Merchants Zhongtuo (000906) also showed varied capital flows [3]