（一）审议通过《关于<公司 2025 年第三季度报告>的议案》 公司董事会同意对外报出《公司 2025 年第三季度报告》，具体内容详见上海 证券交易所网站（www.sse.com.cn）。 审计委员会认为：公司 2025 年第三季度报告编制符合法律、法规、公司章 程和公司内部管理制度的各项规定。内容和格式符合中国证监会和上海证券交易 所的各项要求，所包含的信息客观、真实、准确地反映了公司的财务状况和经营 成果。同意将此议案提交董事会审议。 证券代码：603838 证券简称：*ST 四通 公告编号：2025-042 广东四通集团股份有限公司 第五届董事会第十二次会议决议公告 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。 一、董事会会议召开情况 广东四通集团股份有限公司（以下简称"本公司"或"公司"）第五届董事 会第十二次会议通知和材料已于 2025 年 10 月 20 日以专人送达、电子邮件等方 式通知了全体董事，会议于 2025 年 10 月 30 日以现场和通讯表决方式召开。会 议由董事长邓建华先生主持，本次会议应出席董事 ...

Financial Performance - The company's operating revenue for the third quarter was ¥92,107,045.43, a decrease of 9.88% compared to the same period last year[4] - The total profit for the third quarter was -¥23,356,358.15, reflecting a significant decrease of 1,308.31% year-on-year[4] - The net profit attributable to shareholders for the third quarter was -¥19,737,698.44, down 2,190.76% compared to the previous year[4] - The net profit attributable to shareholders year-to-date was -¥35,938,286.38, with no applicable percentage change due to the negative figure[4] - Net profit for the first three quarters of 2025 was a loss of ¥40,067,767.88, compared to a loss of ¥8,140,697.41 in the same period of 2024, indicating a worsening financial performance[22] Cash Flow - The cash flow from operating activities for the third quarter was -¥24,965,028.16, indicating a negative trend[5] - The company's operating cash flow for the first three quarters of 2025 was a net outflow of ¥87,622,887.23, compared to a net outflow of ¥26,412,725.38 in 2024[24] - The cash inflow from operating activities was ¥319,576,085.73 in 2025, compared to ¥179,204,626.25 in 2024, an increase of 78.3%[24] - The net cash flow from investing activities was -298,663.80, compared to 414,029,271.89[26] - The net cash flow from financing activities was 824,000.00, with total cash inflows of 6,500,000.00 and outflows of 3,676,000.00[26] - The net increase in cash and cash equivalents was -86,532,799.70, while the beginning balance was 408,803,601.28[26] - The ending balance of cash and cash equivalents stood at 322,270,801.58, down from 477,153,098.18[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,014,519,693.01, a decrease of 3.15% from the end of the previous year[5] - The total current assets decreased slightly to ¥681,367,094.91 from ¥695,371,898.73, a decline of 2.1%[16] - Total assets decreased to ¥1,014,519,693.01 from ¥1,047,535,519.16, a decline of 3.1%[17] - Total current liabilities increased to ¥48,822,842.50 from ¥35,438,758.21, an increase of 37.6%[17] - The total liabilities increased to ¥81,830,674.79 in 2025 from ¥74,778,733.06 in 2024, reflecting a rise of 9.4%[18] - The total equity attributable to shareholders decreased to ¥935,860,922.33 in 2025 from ¥971,799,208.71 in 2024, a decline of 3.7%[18] Shareholder Information - Total number of common stock shareholders at the end of the reporting period is 7,291[12] - The largest shareholder, Huang Jianping, holds 90,418,032 shares, representing 28.25% of total shares[12] Revenue and Expenses - The company reported a significant increase in operating revenue year-to-date, with a growth of 32.27% attributed to the expansion of domestic market and zircon-titanium ore refining business[9] - Total operating revenue for the first three quarters of 2025 reached ¥265,836,659.10, a significant increase of 32.3% compared to ¥200,985,056.65 in the same period of 2024[20] - Total operating costs for the first three quarters of 2025 were ¥307,553,239.20, up 37.5% from ¥223,735,865.02 in 2024[20] - Research and development expenses for the first three quarters of 2025 amounted to ¥6,882,193.04, down 14.7% from ¥8,066,079.50 in 2024[21] - The company reported a significant increase in sales expenses, totaling ¥7,757,133.92 in 2025 compared to ¥8,713,738.02 in 2024, a decrease of 11%[21] - The investment income for the first three quarters of 2025 was ¥5,960,547.42, down 60% from ¥14,861,259.16 in 2024[21] Government Support - The company received government subsidies amounting to ¥1,723,931.23 during the reporting period, contributing to its non-recurring gains[7] Other Information - There are no other important reminders regarding the company's operational situation during the reporting period[14] - The company has no significant changes in the participation of major shareholders in margin trading and securities lending[13]

Market Overview - The home goods sector increased by 0.09% compared to the previous trading day, with Longzhu Technology leading the gains [1] - The Shanghai Composite Index closed at 3988.22, down 0.22%, while the Shenzhen Component Index closed at 13430.1, down 0.44% [1] Top Performers - Longzhu Technology (code: 920445) closed at 14.74, up 11.25% with a trading volume of 286,100 shares and a turnover of 428 million yuan [1] - Ruilite (code: 002790) closed at 9.04, up 9.98% with a trading volume of 146,600 shares and a turnover of 129 million yuan [1] - Taipeng Intelligent (code: 920132) closed at 22.01, up 6.23% with a trading volume of 20,000 shares and a turnover of 43.28 million yuan [1] Underperformers - Zhiou Technology (code: 301376) closed at 18.39, down 6.98% with a trading volume of 95,500 shares and a turnover of 177 million yuan [2] - Meizhi Gao (code: 920765) closed at 26.60, down 4.32% with a trading volume of 31,100 shares and a turnover of 82.09 million yuan [2] - ST Songfa (code: 603268) closed at 55.35, down 3.54% with a trading volume of 34,400 shares and a turnover of 193 million yuan [2] Capital Flow - The home goods sector experienced a net outflow of 322 million yuan from institutional investors, while retail investors saw a net inflow of 306 million yuan [2] - The top stocks by net inflow from retail investors included Ruilite and Tianzhen Co., with net inflows of 30 million yuan and 21.6 million yuan respectively [3] Detailed Capital Flow - Ruilite had a net inflow of 30 million yuan from institutional investors, but a net outflow of 20.17 million yuan from speculative funds [3] - Tianzhen Co. saw a net inflow of 21.68 million yuan from institutional investors, with a net outflow of 2.34 million yuan from retail investors [3] - The overall capital flow indicates a mixed sentiment among different investor types within the home goods sector [3]

Core Viewpoint - *ST Sihua (sh603838) reached the daily limit with a price of 7.82 yuan, an increase of 5.01%, and a total market capitalization of 2.483 billion yuan, driven by expectations for the upcoming Q3 report and new executive appointments [1] Group 1: Q3 Report Expectations - The company is set to release its Q3 report on October 31, 2025, leading to market speculation about potentially strong performance [1] - Anticipated good performance may stem from business expansion and effective cost control, prompting investors to buy in advance [1] Group 2: Executive Appointments - On October 25, 2025, the company announced the hiring of a new vice president, Lu Jinping, and a securities representative, Chen Chuan, effective from October 24 [1] - The addition of new executives may bring fresh management perspectives and strategies, fostering a positive outlook on the company's future [1] Group 3: Market Performance and Technical Factors - Other stocks within the ST sector also exhibited unusual movements, indicating a favorable overall market environment for the sector [1] - Significant capital inflow into *ST Sihua on the day of the limit-up could have contributed to the stock price surge [1] - A breakthrough of key resistance levels may attract more technical investors to buy in [1]

Group 1 - *ST Sihua (SH 603838) held its 11th meeting of the 5th board of directors on October 24, 2025, to discuss the appointment of a vice president [1] - For the year 2024, *ST Sihua's revenue composition is as follows: ceramics industry accounts for 85.89%, zirconium industry accounts for 13.93%, and other businesses account for 0.17% [1] - As of the report date, *ST Sihua has a market capitalization of 2.4 billion yuan [1] Group 2 - The Chinese innovative drug sector has generated $80 billion in overseas licensing deals this year [1] - The secondary market for biomedicine is thriving, while the primary market is facing challenges in fundraising [1]

广东四通集团股份有限公司 中小投资者单独计票管理办法 （五）关联交易、对外担保（不含对合并报表范围内子公司提供担保）、 委托理财、对外提供财务资助、变更募集资金用途、变更会计政策、股票及衍 生品种投资等重大事项； （六）重大资产重组； 第一章 总 则 第一条 为充分体现广东四通集团股份有限公司（以下简称"公司"）中小 投资者对重大事项决策中的意愿和诉求，保障中小投资者依法行使权利，根据 国务院《关于进一步促进资本市场健康发展的若干意见》、国务院办公厅《关 于进一步加强资本市场中小投资者合法权益保护工作的意见》、《上市公司章 程指引》及证券监管机构的有关要求，结合《广东四通集团股份有限公司章程》 （以下简称"《公司章程》"）及公司实际情况制定本办法。 第二条 本办法所称中小投资者是指除下列人员之外的投资者： （一）持有公司股份的公司董事、高级管理人员； （二）单独或合计持有公司 5%以上（含本数）股份的股东。 第二章 单独计票的适用范围 第三条 股东会审议影响中小投资者利益的重大事项时，对中小投资者表决 应当单独计票。本办法所称影响中小投资者利益的重大事项包括下列事项（以 下简称"单独计票事项"）： （一）公司 ...

广东四通集团股份有限公司 第一条 为了进一步规范广东四通集团股份有限公司（以下简称"公司"）董 事会的议事方式和决策程序，促使董事和董事会有效地履行其职责，保证董事会 依法行使职权，提高董事会规范运作和科学决策水平，根据《中华人民共和国公 司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证券 法》"）以及《广东四通集团股份有限公司章程》（以下称"公司章程"）等有关规 定，特制定本规则。 董事会议事规则 第二章 董事会的组成和职权 第一章 总 则 第二条 公司依法设立董事会，公司董事会由 7 名董事组成，其中职工董事 1 名，独立董事 3 名。设董事长 1 名，副董事长 1 名。董事长和副董事长由董事 会以全体董事的过半数选举产生。 第三条 董事会行使下列职权： （一）召集股东会，并向股东会报告工作； （二）执行股东会的决议； （三）决定公司的经营计划和投资方案； （四）制订公司的利润分配方案和弥补亏损方案； （五）制订公司增加或者减少注册资本、发行债券或其他证券及上市方案； （六）拟订公司重大收购、收购本公司股票或者合并、分立、解散及变更公 司形式的方案； （七）在股东会授权范围内，决 ...

广东四通集团股份有限公司 内幕信息知情人登记管理制度 第一章 总 则 第一条 为进一步规范广东四通集团股份有限公司（以下简称"公司"）的 内幕信息管理，加强内幕信息保密工作，以维护信息披露的"公开、公正、公平" 原则，保护广大投资者的利益，根据《中华人民共和国公司法》、《中华人民共 和国证券法》、《上海证券交易所股票上市规则》（以下称"《上市规则》"）、 《上市公司监管指引第5号——上市公司内幕信息知情人登记管理制度》、《上 海证券交易所上市公司自律监管指引第2号——信息披露事务管理》等有关法律、 法规及《广东四通集团股份有限公司章程》等有关规定，特制定本规则。 第二条 公司董事会应当按照本制度以及证券交易所相关规则要求及时登记 和报送内幕信息知情人档案，并保证内幕信息知情人档案真实、准确和完整，董 事长为主要责任人。董事会秘书负责办理公司内幕信息知情人的登记入档和报送 事宜。 董事长与董事会秘书应当对内幕信息知情人档案的真实、准确和完整签署书 面确认意见。 公司董事会审计委员会应当对内幕信息知情人登记管理制度实施情况进行 监督。 第三条 证券管理部为公司内幕信息登记和报送工作的日常工作部门，协助 董事会秘书 ...

广东四通集团股份有限公司 董事会专门委员会工作细则 董事会战略委员会工作细则 第一章 总 则 第一条 为适应广东四通集团股份有限公司（以下简称"公司"）战略发展 需要，增强公司核心竞争力，确定公司发展规划，健全投资决策程序，加强决策 科学性，提高重大投资决策的效益和决策的质量，完善公司治理结构，根据《中 华人民共和国公司法》、《上市公司独立董事管理办法》、《上海证券交易所股 票上市规则》、《上海证券交易所上市公司自律监管指引第 1 号——规范运作》 及《公司章程》等其他有关规定，公司特设立董事会战略委员会，并制定本工作 细则。 第二条 董事会战略委员会是董事会按照股东会决议设立的专门工作机构， 主要负责对公司长期发展战略和重大投资决策进行研究并提出建议。 第二章 人员组成 第三条 战略委员会成员由 3 名董事组成。 第四条 战略委员会委员由董事长、1/2 以上独立董事或者全体董事的 1/3 提名，并由董事会选举产生。 第五条 战略委员会设主任委员 1 名，由公司董事长担任。 第六条 战略委员会任期与董事会任期一致，委员任期届满，连选可以连任。 期间如有委员不再担任公司董事职务，自动失去委员资格，并由委员会根据 ...

广东四通集团股份有限公司 年报信息披露重大差错责任追究制度 第一章 总 则 第一条 为进一步增强广东四通集团股份有限公司（以下简称"公司"）信息披 露的真实性、准确性、完整性和及时性，提高公司年度报告（以下简称"年报"） 信息披露的质量和透明度，强化信息披露责任意识，加大对年报信息披露责任人的 问责力度，根据《中华人民共和国证券法》、《上市公司信息披露管理办法》等有 关法律法规件和《公司章程》、《公司信息披露管理制度》等有关规定，结合公司 实际情况，特制定本制度。 第二条 本制度所称责任追究，是指由于相关人员不履行或不正确履行职责或由 于其他个人原因发生失职、渎职、失误等行为，造成年报信息披露发生重大差错或 其他不良影响的，公司应当追究其行政责任、经济责任。本制度所称年报信息披露 的重大差错，是指在报告期内发生重大会计差错更正、重大遗漏信息补充、业绩预 告更正等情况，或出现被证券监管部门认定为重大差错的其他情形。 第三条 本制度适用于公司的董事、高级管理人员，公司各部门以及各子公司的 负责人以及与年报信息披露工作有关的其他人员。 第四条 年报信息披露重大差错责任追究应当遵循以下原则： 第五条 年报信息披露出现 ...