Core Viewpoint - The company, Shandong Donghong Pipe Industry Co., Ltd., is increasing its expected daily related transactions for the year 2025, which has been reviewed and approved by the board and supervisory committee, ensuring compliance with relevant regulations and maintaining the interests of all shareholders [1][5]. Summary by Sections Daily Related Transactions Overview - The company has conducted a careful review of the expected daily related transactions for 2025, which were approved in the fourth supervisory committee meeting and the annual shareholders' meeting [1][2]. - The expected increase in related transactions does not exceed 5% of the company's latest audited net assets, thus not requiring further shareholder approval [2]. Details of Increased Expected Amounts and Categories - The total expected amount for daily related transactions has increased from 1,100 million to 6,000 million CNY, with specific increases in categories such as labor services and product sales [3][4]. - The breakdown includes an increase from 600 million to 1,500 million CNY for Qufu Meitu Construction Engineering Co., Ltd. and from 500 million to 4,500 million CNY for Tianjin Pipeline Engineering Group Co., Ltd. [3]. Related Parties and Relationships - Qufu Meitu Construction Engineering Co., Ltd. is a subsidiary controlled by the company's major shareholder, Donghong Group, with a registered capital of 10 million CNY [4]. - Tianjin Pipeline Engineering Group Co., Ltd. has a registered capital of 6,322.59 million CNY, with the company holding a 7.296% stake, which will be transferred to Tianjin Water Group Co., Ltd. in May 2025 [4]. Transaction Execution and Pricing Policy - The transactions with related parties are based on fair and reasonable principles, adhering to national pricing where applicable, or market prices otherwise [5]. - The company has a good track record of executing similar related transactions, indicating sufficient performance capability [5]. Purpose and Impact of Related Transactions - The increase in expected daily related transactions is aligned with the company's normal operational needs and will not adversely affect its financial status or operational results [5]. - The company maintains that these transactions will not create dependency on related parties and will not harm the interests of the company or its shareholders [5]. Sponsor Institution's Review Opinion - The sponsor institution has concluded that the expected increase in related transactions is based on actual operational needs and does not harm the interests of the company or minority shareholders [5]. - The review process followed by the board and supervisory committee complies with legal and regulatory requirements, ensuring the validity of the resolutions [5].

Core Viewpoint - The company announced a cash dividend distribution plan for the first half of 2025, proposing a distribution of RMB 0.037 per share (including tax) based on the total share capital as of the equity distribution registration date [1] Group 1: Profit Distribution Plan - The company plans to distribute a cash dividend of RMB 0.37 for every 10 shares held, amounting to a total distribution based on a total share capital of 282,056,060 shares as of June 30, 2025 [1] - The distribution amount will remain unchanged even if the total share capital changes before the equity distribution registration date, with adjustments made to the per-share distribution ratio [1] Group 2: Decision-Making Process - The profit distribution plan was authorized by the shareholders' meeting held on May 15, 2025, which approved the mid-term cash dividend arrangement [2] - The board of directors convened on August 26, 2025, to review and approve the profit distribution plan, confirming its compliance with the company's profit distribution policy [2] - The supervisory board also approved the profit distribution plan on the same day, stating that it aligns with legal regulations and the company's operational needs, protecting the interests of all shareholders [2]

Meeting Overview - The fourth supervisory board meeting of Shandong Donghong Pipe Industry Co., Ltd. was held on August 26, 2025, with all three supervisors present, and the meeting complied with relevant laws and regulations [1] Half-Year Report - The supervisory board approved the 2025 half-year report and its summary, confirming that the report's preparation and review procedures met legal and regulatory requirements, and the information accurately reflects the company's operating results and financial status for the first half of 2025 [2] Fund Usage Report - The supervisory board approved the special report on the storage and usage of raised funds for the first half of 2025, stating that the usage complies with relevant regulations and does not harm the interests of shareholders, especially minority shareholders [3] Impairment Provision - The supervisory board approved the proposal for impairment provision for the first half of 2025, affirming that the provision complies with accounting standards and accurately reflects the company's financial status as of June 30, 2025 [4] Related Party Transactions - The supervisory board approved the increase in expected daily related party transactions for 2025, ensuring that the transactions are based on normal business needs and adhere to fair pricing principles [5] Profit Distribution Plan - The supervisory board approved the profit distribution plan for the first half of 2025, which aligns with legal requirements and the company's operational situation, ensuring no harm to the interests of all shareholders [5]

Group 1 - The company reported a revenue of 1.061 billion, representing a year-on-year decline of 32.78% [1] - The net profit attributable to the parent company was 102 million, down 32.31% year-on-year [1] - The net profit excluding non-recurring items was 94.6245 million, reflecting a year-on-year decrease of 35.50% [1]

华福证券有限责任公司 关于山东东宏管业股份有限公司 增加2025年度日常关联交易预计的核查意见 华福证券有限责任公司（以下简称"华福证券"或"保荐机构"）作为山东东宏 管业股份有限公司（以下简称"东宏股份"或"公司"）向特定对象发行A股股票持 续督导阶段的保荐机构，根据《证券发行上市保荐业务管理办法》《上海证券交 易所股票上市规则》《上市公司监管指引第2号——上市公司募集资金管理和使 用的监管要求》《上海证券交易所上市公司自律监管指引第1号——规范运作》 《上海证券交易所上市公司自律监管指引第11号——持续督导》等法律法规、规 范性文件的要求，对公司增加2025年度日常关联交易预计情况进行了审慎核查， 具体情况如下： 一、日常关联交易的基本情况 （一）日常关联交易履行的审议程序 2025年4月23日、2025年5月15日，公司召开第四届董事会第十八次会议、第 四届监事会第十五次会议和2024年年度股东大会，分别审议通过了《关于公司 2025年度日常关联交易预计的议案》，关联董事倪立营先生、倪奉尧先生、孔智 勇先生、寻金龙先生回避了表决，具体内容详见公司于2025年4月25日在上海证 券交易所网站（www.ss ...

Group 1 - The company Donghong Co., Ltd. (603856) announced that it will hold its first extraordinary general meeting of shareholders on September 12, 2025 [1] - The agenda for the meeting includes the proposal to cancel the supervisory board and amend the company's articles of association [1]

Core Viewpoint - Donghong Co., Ltd. reported a revenue of 1.061 billion yuan and a net profit of 102 million yuan for the first half of 2025, demonstrating resilience in a challenging pipeline industry environment [1] Group 1: Financial Performance - The company achieved a 4.46% year-on-year increase in cash received from sales, with net cash flow from operating activities reaching 41.15 million yuan, a 125.6% increase [1] - Total expenses for the period amounted to 131 million yuan, a decrease of 11.85% compared to the same period last year [1] - The asset-liability ratio decreased to 27.14%, indicating a more stable financial structure [1] Group 2: Strategic Initiatives - The company is implementing a dual strategy focusing on "national large-scale long-distance pipelines" and "urban lifelines," supported by four core capabilities: intelligent terminal development, full industry chain implementation of composite pipelines, investment and operation service capabilities, and integration of local ecological enterprise capabilities [2] - In the face of economic downturn, the company has seen a year-on-year increase in orders, validating the effectiveness of its dual strategy [2] - In the second half of the year, the company plans to accelerate the development of product markets, ecological markets, and capital markets, while focusing on key projects in water networks and oil and gas pipelines [2]

| 第一章 | 总 则 . | | --- | --- | | 第二章 | 经营宗旨和范围 . | | 第三章 | 股 份 | | 股份发行 . | 第一节 | | 第二节 | 股份增减和回购 . | | 股份转让 . | 第三节 | | 第四章 股东和股东会 | | | 第一节 | 股东 . | | 控股股东和实际控制人 | 第二节 | | 股东会的一般规定 | 第三节 | | 股东会的召集 | 第四节 | | 股东会的提案与通知 | 第五节 | | 股东会的召开 | 第六节 | | 股东会的表决和决议 | 第七节 | | 第五章 董事会 ……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………26 | | | 第一节 董事 . | | | 董事会 ……………………………………………………………………………………………………………………30 | 第二节 | | 独立董事 . | 第三节 | | 第四节 董事会专门委员会 | | | 第六章 党的组织 | | ...

证券代码：603856 证券简称：东宏股份 公告编号：2025-045 山东东宏管业股份有限公司 关于取消监事会并修订《公司章程》及 制定、修订部分治理制度的公告 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法律责任。 山东东宏管业股份有限公司（以下简称"公司"）于 2025 年 8 月 26 日召开 第四届董事会第二十一次会议，审议通过了《关于取消监事会并修订<公司章程> 的议案》《关于制定和修订公司部分治理制度的议案》，现将相关事项公告如下： 一、取消监事会情况 为进一步完善公司治理结构，更好地促进公司规范运作，根据 2024 年 7 月 1 日起实施的《中华人民共和国公司法》（以下简称"《公司法》"），中国证券监 督管理委员会于 2024 年 12 月 27 日发布的《关于新<公司法>配套制度规则实施 相关过渡期安排》以及《上市公司章程指引》（2025 年修订）（以下简称"《章程 指引》"）等相关法律法规、规章及其他规范性文件的规定，公司拟不再设置监事 会，由董事会审计委员会行使《公司法》规定的监事会职权，公司《监事会议事 规则 ...

证券代码：603856 证券简称：东宏股份 公告编号：2025-048 山东东宏管业股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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法律责任。 重要内容提示： 召开时间：2025 年 9 月 9 日（星期二）上午 10:30-11:30 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 召开方式：上证路演中心视频录播和网络互动 （一）召开时间：2025 年 9 月 9 日（星期二）上午 10:30-11:30。 （二）召开地点：上证路演中心。 （三）召开方式：上证路演中心视频录播和网络互动。 三、参加人员 董事长倪立营先生，总裁、财务总监倪奉尧先生，董事、董事会秘书、证券 事务代表寻金龙先生，独立董事孔祥勇先生，副总裁孔令彬先生。（如有特殊情 况，参会人员将可能进行调整）。 四、投资者参加方式 （一）投资者可在 2025 年 9 月 9 日（星期二）上午 10:30-11:30，通 ...