证券代码：603967 证券简称：中创物流 公告编号：2025-040 中创物流股份有限公司 关于为子公司提供担保的公告 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。 累计担保情况 | 对外担保逾期的累计金额（万元） | 0.00 | | --- | --- | | 截至本公告日上市公司及其控股 子公司对外担保总额（万元） | 31,297.16 | | 对外担保总额占上市公司最近一 期经审计净资产的比例（%） | 13.28 | 一、担保情况概述 （一） 担保的基本情况 近日，交通银行股份有限公司上海市分行（债权人）与公司（担保人）签署 了保证合同，合同约定公司为中创工程物流有限公司（以下简称"中创工程"） 重要内容提示： 担保对象及基本情况 | | 被担保人名称 | 中创工程物流有限公司 | | | --- | --- | --- | --- | | | 本次担保金额 | 5,000.00 | 万元 | | 担保 对象 | 实际为其提供的担保余额 | 5,000.00 | 万元（含本次担保） | | | 是否在前期预计额 ...

Core Viewpoint - Zhongchuang Logistics Co., Ltd. has signed a guarantee contract with Bank of Communications Shanghai Branch to provide a joint liability guarantee of 50 million yuan for its wholly-owned subsidiary, Zhongchuang Engineering Logistics Co., Ltd. [1] Group 1 - The guarantee is within the company's annual expected range and does not require further approval from the board of directors or shareholders [1] - Zhongchuang Engineering was established in 2019 with a registered capital of 120 million yuan and has shown good performance in the first half of 2025 [1] - As of the announcement date, the total external guarantees of the company and its subsidiaries amount to 312.97 million yuan, accounting for 13.28% of the most recent audited net assets, with no overdue external guarantees [1] Group 2 - The board of directors believes that the risk of this guarantee is controllable, beneficial for the subsidiary's operations, and does not harm the interests of the company and its shareholders [1]

Group 1 - The concept of China-South Korea Free Trade Zone increased by 0.33%, ranking fifth among concept sectors, with seven stocks rising, including Qingdao Double Star, Qingdao Port, and Lianyungang, which rose by 3.09%, 1.73%, and 1.54% respectively [1][2] - The main funds in the China-South Korea Free Trade Zone concept experienced a net outflow of 73 million yuan, with Qingdao Port leading the net inflow at 19.13 million yuan, followed by Zhongchuang Logistics, Qingdao Double Star, and Rizhao Port [2][3] - The net inflow ratios for major stocks in the China-South Korea Free Trade Zone concept were led by Zhongchuang Logistics at 14.23%, followed by Hailong Band and Qingdao Port at 5.86% and 5.04% respectively [3] Group 2 - The stocks with the largest declines included Qingdao Jinwang, Zhongchuang Logistics, and Langzi Co., which fell by 2.90%, 0.86%, and 0.59% respectively [1][4] - The trading volume and turnover rates for stocks in the China-South Korea Free Trade Zone concept varied, with Qingdao Port showing a turnover rate of 0.80% and Zhongchuang Logistics at 1.93% [3]

Summary of Key Points Core Viewpoint - The announcement details a share reduction plan by senior management of Zhongchuang Logistics, specifically by Mr. Chu Xuri, due to personal financial needs, involving a maximum reduction of 300,000 shares, which represents 0.09% of the total shares outstanding [1][2]. Group 1: Shareholding Information - As of the announcement date, Mr. Chu Xuri holds 1,224,000 shares, accounting for 0.35% of the company's total shares [1]. - The shares held by Mr. Chu include 756,000 shares acquired before the IPO and 468,000 shares obtained through other means [1]. Group 2: Reduction Plan Details - The planned reduction will occur within three months starting from 15 trading days after the announcement, specifically from September 19, 2025, to December 18, 2025 [2]. - The reduction will be executed through centralized bidding or block trading, with a maximum of 300,000 shares to be sold at market price [2][3]. - The reason for the reduction is stated as personal financial needs [2]. Group 3: Compliance and Commitments - Mr. Chu has previously made commitments regarding share transfers, including a limit of 25% of his holdings per year while serving as a director or senior management, and a prohibition on transferring shares within six months after leaving the company [2]. - The current reduction plan is consistent with prior commitments made by Mr. Chu [2].

Core Viewpoint - The announcement details a share reduction plan by a senior executive of Zhongchuang Logistics due to personal financial needs, which involves selling up to 300,000 shares, representing 0.09% of the total shares outstanding [2]. Group 1: Executive Shareholding Information - As of the announcement date, the senior executive, Mr. Chu Xuri, holds 1,224,000 shares, accounting for 0.35% of the total shares of Zhongchuang Logistics [2]. Group 2: Details of the Reduction Plan - Mr. Chu plans to reduce his holdings within three months starting from 15 trading days after the announcement, through centralized bidding or block trading, with the selling price determined by market conditions [2]. - If the company's stock is suspended during the pre-disclosure period, the start of the reduction will be postponed accordingly [4]. - Any changes in share capital, such as stock dividends or capital increases, will lead to adjustments in the reduction quantity [4]. Group 3: Compliance and Previous Commitments - The reduction plan is consistent with previous commitments made by the executive regarding share transfers and holding periods [4]. - The executive has committed to not transferring more than 25% of his shares annually while in office and will not transfer any shares within six months after leaving the position [4].

Core Viewpoint - Zhongchuang Logistics (603967) reported a decline in total revenue for the first half of 2025, while net profit showed a slight increase, indicating mixed financial performance [1]. Financial Performance Summary - Total revenue for the first half of 2025 was 4.304 billion yuan, a decrease of 22.58% year-on-year [1]. - Net profit attributable to shareholders was 142 million yuan, an increase of 6.9% year-on-year [1]. - In Q2 2025, total revenue was 2.233 billion yuan, down 29.78% year-on-year, while net profit was 72.55 million yuan, up 4.05% year-on-year [1]. - Gross margin increased by 32.72% to 7.29%, and net margin rose by 41% to 4.04% [1]. - Total operating expenses (selling, administrative, and financial) amounted to 105 million yuan, accounting for 2.44% of revenue, an increase of 22.12% year-on-year [1]. Key Financial Ratios - Earnings per share (EPS) for the first half of 2025 was 0.41 yuan, a year-on-year increase of 7.89% [1]. - Operating cash flow per share was 0.92 yuan, reflecting a significant increase of 118.13% year-on-year [1]. - The company's return on invested capital (ROIC) was 11.01% last year, indicating average capital returns [3]. - Historical median ROIC since listing is 16.74%, with the lowest recorded ROIC in 2020 at 9.88% [3]. Cash Flow and Receivables - The cash flow situation is concerning, with cash and cash equivalents to current liabilities ratio at 98.79% [4]. - Accounts receivable reached 604.28% of profit, indicating potential issues with cash collection [4]. Analyst Expectations - Analysts project a net profit of 269 million yuan for 2025, with an average EPS forecast of 0.78 yuan [4].

Core Viewpoint - As of August 28, no listed companies have disclosed any increase in shareholding, while 21 companies have announced share reductions by their shareholders [1]. Summary by Category Share Reduction Announcements - Keg Precision Machinery: Controlling shareholder plans to reduce holdings by up to 3% [2] - Oulu Tong: Controlling shareholder and actual controller's concerted action party plans to reduce holdings by up to 1.74% [2] - Nanmo Biology: Plans to reduce repurchased shares by up to 1% of total share capital [2] - Weike Technology: Three shareholders plan to transfer a total of 2.99% of total share capital [2] - Jino Medical: Shareholder plans to reduce holdings by up to 0.04% [2] - Zhejiang Shiyu: Controlling shareholder plans to reduce holdings by up to 2% [2] - Zhongke Tongda: Shareholder Wuhan Gaoke plans to reduce holdings by up to 1% [2] - Chunzong Technology: Multiple shareholders plan to reduce holdings by up to 2% [2] - Wantong Expressway: Shareholder China Merchants Highway plans to reduce holdings by up to 3% [2] - Tai Rui Machinery: Actual controller Zheng Jianguo plans to reduce holdings by up to 2.95% [2] - Haotong Technology: Actual controller Xia Jun and specific shareholder Xuzhou Botong plan to reduce holdings by up to 3% [2] - Changsheng Bearing: Some senior management plans to reduce holdings by up to 1.2% [2] - Dongtian Micro: Shareholder plans to reduce holdings by up to 0.57% [2] - Aojie Technology: Shareholder Ali Network plans to reduce holdings by up to 3% [2] - Bocheng Shares: Some directors and senior management plan to reduce holdings [2] - Rongtai Shares: Shareholder Tai'an Runtu plans to reduce holdings by up to 1.05% [2] - Shangwei New Materials: Jinfeng Investment Holdings has completed the reduction of 4.0336 million shares [2] - Zhongchu Logistics: Senior management member Chu Xuri plans to reduce holdings by up to 0.09% [2] - Hengsheng Energy: One of the actual controllers, Gan Shunxian, plans to reduce holdings by up to 2% [2] - Jinghua New Materials: Controlling shareholder plans to reduce holdings by up to 3.01% [2] - New Coordinates: Shareholder plans to reduce holdings by up to 1% [2]

Group 1 - The core point of the article is that a senior executive of Zhongchuang Logistics, Mr. Chu Xuri, plans to reduce his shareholding in the company due to personal financial needs [1] - Mr. Chu intends to sell up to 300,000 shares, which represents 0.09% of the company's total shares, through centralized bidding or block trading from September 19, 2025, to December 18, 2025 [1] - Currently, Mr. Chu holds 1,224,000 shares, accounting for 0.35% of the company's total shares [1]

Core Insights - Zhongchuang Logistics (603967.SH) reported a total revenue of 4.304 billion yuan for the first half of 2025, ranking 13th among disclosed peers [1] - The net profit attributable to shareholders was 142 million yuan, ranking 12th among peers, with a year-on-year increase of 9.1399 million yuan, marking a 6.90% growth compared to the same period last year [1] - The net cash inflow from operating activities was 319 million yuan, ranking 5th among peers, with a significant year-on-year increase of 173 million yuan, representing a 118.13% growth [1] Financial Ratios - The latest debt-to-asset ratio is 41.11%, ranking 8th among peers, showing a decrease of 3.72 percentage points compared to the same period last year [3] - The latest gross profit margin is 7.29%, which is an increase of 0.11 percentage points from the previous quarter and a 1.80 percentage points increase year-on-year [3] - The latest return on equity (ROE) is 6.18%, ranking 4th among peers, with a year-on-year increase of 0.24 percentage points [3] Earnings Per Share and Turnover - The diluted earnings per share (EPS) is 0.41 yuan, ranking 5th among peers, with an increase of 0.03 yuan year-on-year, achieving a 7.89% growth [3] - The latest total asset turnover ratio is 0.99 times, ranking 8th among peers, while the inventory turnover ratio is 306.66 times, ranking 4th among peers [3] Shareholder Structure - The number of shareholders is 23,200, with the top ten shareholders holding 238 million shares, accounting for 68.76% of the total share capital [3] - The largest shareholder is Qingdao Zhongchuang United Investment Development Co., Ltd., holding 52.50% of the shares [3]

Group 1 - Zhongchuang Logistics (603967.SH) released its 2025 semi-annual report on August 28, 2025, indicating that as of August 27, 2025, three institutional investors disclosed holdings in the company, totaling 183 million shares, which accounts for 52.86% of the total share capital [1] - The institutional investors include Qingdao Zhongchuang United Investment Development Co., Ltd., Bank of China - Huabao S&P China A-Share Dividend Opportunity ETF, and Ping An CSI 2000 Enhanced Strategy ETF, with a combined institutional holding ratio of 52.86%, reflecting a decrease of 1.06 percentage points compared to the previous quarter [1] - In the public fund sector, one public fund, Huabao S&P China A-Share Dividend Opportunity ETF, reported a decrease in holdings compared to the previous quarter, while one new public fund, Ping An CSI 2000 Enhanced Strategy ETF, was disclosed during this period [1]