Core Viewpoint - The company, Zhongwang Fabric, announced the approval of its 2025 semi-annual report by the ninth meeting of the third board of directors [2] Group 1 - The announcement was made on the evening of August 14 [2] - The report pertains to the company's performance for the first half of 2025 [2]

众望布艺（SH 605003，收盘价：22.04元）8月14日晚间发布半年度业绩报告称，2025年上半年营业收 入约2.39亿元，同比减少4.16%；归属于上市公司股东的净利润约3346万元，同比减少28.57%；基本每 股收益0.3元，同比减少30.23%。 （文章来源：每日经济新闻） ...

2025年1至6月份，众望布艺的营业收入构成为：家具制造占比98.64%，其他业务占比1.36%。 （文章来源：每日经济新闻） 众望布艺（SH 605003，收盘价：22.04元）8月14日晚间发布公告称，公司第三届第九次董事会会议于 2025年8月14日以现场结合通讯会议的方式召开。会议审议了《2025年半年度报告》等文件。 ...

Group 1 - The company reported a revenue of 239 million yuan for the first half of 2025, representing a year-on-year decrease of 4.16% [1] - The net profit attributable to shareholders was 33.46 million yuan, down 28.57% year-on-year [1] - The net profit after deducting non-recurring items was 23.98 million yuan, a decline of 46.91% compared to the previous year [1] - The basic earnings per share stood at 0.30 yuan [1]

证券代码：605003 证券简称：众望布艺 公告编号：2025-020 （1）公司 2025 年半年度报告的编制和审议程序符合法律法规、《公司章程》 以及公司内部管理制度的有关规定。 众望布艺股份有限公司 第三届监事会第六次会议决议公告 本公司监事会及全体监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。 众望布艺股份有限公司（以下简称"公司"）第三届监事会第六次会议于 2025 年 8 月 13 日以现场会议的方式召开，本次会议通知于 2025 年 8 月 3 日以 电子邮件形式向全体监事发出。本次会议应出席监事 3 名，实际出席监事 3 名。 公司监事会主席蒋小琴女士主持会议，本次会议的召集、召开符合《公司法》、 《公司章程》的有关规定，会议合法有效。 经公司监事审议，会议表决通过了如下议案： 一、审议通过《2025 年半年度报告》 表决情况：同意 3 票，反对 0 票，弃权 0 票。 监事会认为： （2）公司 2025 年半年度报告的内容与格式符合中国证监会和上海证券交 易所的有关规定，公允地反映了公司 2025 年半年度的财务状况和经 ...

证券代码：605003 证券简称：众望布艺 公告编号：2025-021 一、审议通过《2025 年半年度报告》 表决情况：同意 5 票，反对 0 票，弃权 0 票。 具体内容详见公司同日在上海证券交易所网站（www.sse.com.cn）的《2025 年半年度报告》及摘要。 特此公告。 众望布艺股份有限公司董事会 2025 年 8 月 15 日 众望布艺股份有限公司 第三届董事会第九次会议决议公告 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个别及连带责任。 众望布艺股份有限公司（以下简称"公司"）第三届董事会第九次会议于 2025 年 8 月 14 日以现场结合通讯会议的方式召开，本次会议通知于 2025 年 8 月 4 日以电子邮件形式向全体董事发出。本次会议应出席董事 5 名，实际出席董 事 5 名。会议由公司董事长杨林山先生主持会议，本次会议的召集、召开符合《公 司法》、《公司章程》的有关规定，会议合法有效。 经公司董事审议，会议表决通过了如下议案： ...

[Company Profile and Key Financial Indicators](index=4&type=section&id=%E5%85%AC%E5%8F%B8%E7%AE%80%E4%BB%8B%E5%92%8C%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) This section provides an overview of the company's basic information and key financial performance for the reporting period [Company Basic Information](index=4&type=section&id=%E4%B8%80%E3%80%81%E5%85%AC%E5%8F%B8%E4%BF%A1%E6%81%AF) Details basic information about Zhejiang Zhongwang Fabric Co., Ltd. (stock code: 605003), with no significant changes during the period - The company's Chinese name is Zhejiang Zhongwang Fabric Co., Ltd., with stock abbreviation Zhongwang Fabric and stock code **605003**[13](index=13&type=chunk)[18](index=18&type=chunk) [Key Accounting Data and Financial Indicators](index=5&type=section&id=%E4%B8%83%E3%80%81%E5%85%AC%E5%8F%B8%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) Presents key financial data for H1 2025, showing revenue and net profit declines, but a significant increase in operating cash flow Key Accounting Data (January-June 2025) | Key Accounting Data | Current Period (Jan-Jun) (yuan) | Prior Year Period (yuan) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 239,234,377.00 | 249,607,637.91 | -4.16% | | Net Profit Attributable to Shareholders | 33,455,266.22 | 46,834,402.72 | -28.57% | | Net Profit Attributable to Shareholders (Excluding Non-recurring Items) | 23,982,201.63 | 45,168,982.76 | -46.91% | | Net Cash Flow from Operating Activities | 37,031,192.86 | -9,155,777.09 | 504.46% | | Total Assets (End of Period) | 1,530,742,337.86 | - | -3.57% (vs. End of Previous Year) | | Net Assets Attributable to Shareholders (End of Period) | 1,421,009,859.83 | - | -0.89% (vs. End of Previous Year) | Key Financial Indicators (January-June 2025) | Key Financial Indicators | Current Period (Jan-Jun) | Prior Year Period | YoY Change (%) | | :--- | :--- | :--- | :--- | | Basic Earnings Per Share (yuan/share) | 0.30 | 0.43 | -30.23% | | Basic EPS (Excluding Non-recurring Items) (yuan/share) | 0.22 | 0.41 | -46.34% | | Weighted Average Return on Net Assets (%) | 2.31% | 3.29% | Decrease of 0.98 percentage points | | Weighted Average RONAN (Excluding Non-recurring Items) (%) | 1.65% | 3.17% | Decrease of 1.52 percentage points | [Non-recurring Gains and Losses](index=6&type=section&id=%E4%B9%9D%E3%80%81%E9%9D%9E%E7%BB%8F%E5%B8%B8%E6%80%A7%E6%8D%9F%E7%9B%8A%E9%A1%B9%E7%9B%AE%E5%92%8C%E9%87%91%E9%A2%9D) Outlines non-recurring gains and losses totaling **9.47 million yuan**, primarily from government subsidies Non-recurring Gains and Losses Items | Non-recurring Gains and Losses Item | Amount (yuan) | | :--- | :--- | | Government Subsidies Recognized in Current P&L | 11,262,350.00 | | Gains/Losses on Disposal of Non-current Assets | -268,975.99 | | Gains/Losses from Fair Value Changes of Financial Assets/Liabilities | 150,112.11 | | **Total** | **9,473,064.59** | [Management Discussion and Analysis](index=6&type=section&id=%E7%AC%AC%E4%B8%89%E8%8A%82%20%E7%AE%A1%E7%90%86%E5%B1%82%E8%AE%A8%E8%AE%BA%E4%B8%8E%E5%88%86%E6%9E%90) Management's review of the company's industry, operations, core competencies, and financial performance during the reporting period [Industry and Main Business](index=6&type=section&id=%E4%B8%80%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%85%AC%E5%8F%B8%E6%89%80%E5%B1%9E%E8%A1%8C%E4%B8%9A%E5%8F%8A%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E6%83%85%E5%86%B5%E8%AF%B4%E6%98%8E) Describes the company's core business in high-end decorative fabrics and the challenging external environment for the textile industry - The company's main business is the R&D, design, production, and sales of high-end decorative fabrics and products, primarily decorative fabrics used in home furnishings like sofas and outdoor furniture[27](index=27&type=chunk) - The company adopts a "production-to-order with low inventory" model and direct sales, with major clients including internationally renowned furniture manufacturers like Ashley, La-z-boy, and Kuka Home[27](index=27&type=chunk)[28](index=28&type=chunk) - In H1 2025, China's textile industry faced a severe external environment, with significantly increased export pressure, particularly a substantial decline in exports to the US due to trade policies[26](index=26&type=chunk)[29](index=29&type=chunk) [Discussion and Analysis of Operations](index=7&type=section&id=%E4%BA%8C%E3%80%81%E7%BB%8F%E8%90%A5%E6%83%85%E5%86%B5%E7%9A%84%E8%AE%A8%E8%AE%BA%E4%B8%8E%E5%88%86%E6%9E%90) Discusses the company's operational performance in H1 2025, highlighting revenue and profit declines due to external factors and strategic responses H1 2025 Operating Performance | Indicator | Amount (yuan) | YoY Change | | :--- | :--- | :--- | | Operating Revenue | 239,234,377.00 | -4.16% | | Net Profit Attributable to Parent Company Shareholders | 33,455,266.22 | -28.57% | - The company's strategies include accelerating global expansion and actively developing non-US markets such as Australia, the Middle East, South Africa, Europe, and Southeast Asia, as well as the domestic market[29](index=29&type=chunk) - Key projects, "Wozhi Vietnam Annual Production of 8 Million Meters Project" and "Hangzhou Wozhi Annual Production of 10 Million Meters Project," are progressing as scheduled[29](index=29&type=chunk) [Analysis of Core Competencies](index=7&type=section&id=%E4%B8%89%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E6%A0%B8%E5%BF%83%E7%AB%9E%E4%BA%89%E5%8A%9B%E5%88%86%E6%9E%90) Identifies the company's core strengths in design, manufacturing, customer relations, service, and talent, which underpin its industry position - Design and R&D Advantage: Possesses a strong design and R&D team capable of accurately grasping fashion trends and overcoming technical challenges like flame retardancy and high abrasion resistance[31](index=31&type=chunk) - Manufacturing and Quality Advantage: Features a complete industrial chain from spinning to sofa covers, advanced imported equipment, and a comprehensive product quality management system[32](index=32&type=chunk) - Customer Resource Advantage: Established long-term stable cooperative relationships with internationally renowned furniture companies such as Ashley, La-z-boy, and Kuka Home[32](index=32&type=chunk) - Service and Talent Advantage: Possesses rapid supply response capabilities and a service system to meet customized customer needs, supported by an experienced international management and technical talent team[33](index=33&type=chunk) [Analysis of Key Operating Conditions](index=9&type=section&id=%E5%9B%9B%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E4%B8%BB%E8%90%A5%E6%83%85%E5%86%B5) Analyzes significant changes in the company's financial position, including revenue, costs, cash flow, and investment activities [Analysis of Financial Statement Item Changes](index=9&type=section&id=(%E4%B8%80)%20%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E5%88%86%E6%9E%90) Examines the changes in key financial statement items, such as revenue, costs, and cash flow, and their underlying reasons Major Financial Statement Item Changes | Item | Change (%) | Reason for Change | | :--- | :--- | :--- | | Operating Revenue | -4.16% | Primarily affected by tariff policies | | Operating Cost | 8.18% | Primarily affected by tariff policies | | Net Cash Flow from Operating Activities | 504.46% | Primarily due to large income tax payment in prior year | | Net Cash Flow from Investing Activities | 94.56% | Decrease in purchase of time deposits | | Other Income | 760.50% | Increase in government subsidies received this period | [Analysis of Assets and Liabilities](index=9&type=section&id=(%E4%B8%89)%20%E8%B5%84%E4%BA%A7%E3%80%81%E8%B4%9F%E5%80%BA%E6%83%85%E5%86%B5%E5%88%86%E6%9E%90) Reviews the changes in the company's assets and liabilities, including increases in construction in progress and decreases in accounts receivable Major Balance Sheet Item Changes | Item Name | Amount at End of Period (yuan) | Change vs. End of Previous Year (%) | Explanation | | :--- | :--- | :--- | :--- | | Construction in Progress | 212,009,648.16 | 42.30% | Increased investment in Hangzhou Wozhi and Vietnam new projects | | Accounts Receivable | 56,673,901.40 | -24.90% | Increase in sales collections | | Notes Payable | 39,983,580.08 | -35.33% | Increase in notes matured and accepted this period | | Taxes Payable | 1,379,774.90 | -87.16% | Decrease in taxes payable this period | - The company's overseas assets amounted to **177 million yuan**, accounting for **11.55%** of total assets[39](index=39&type=chunk) [Analysis of Investment Status](index=11&type=section&id=(%E5%9B%9B)%20%E6%8A%95%E8%B5%84%E7%8A%B6%E5%86%B5%E5%88%86%E6%9E%90) Details the company's investment activities, focusing on the progress of significant non-equity projects in Hangzhou and Vietnam Progress of Significant Non-equity Investment Projects | Project Name | Total Investment | Amount Invested This Year (yuan) | Cumulative Investment as of Period End (yuan) | | :--- | :--- | :--- | :--- | | Wozhi Textile Annual Production of 10 Million Meters Project | 500,000,000.00 yuan | 48,787,753.17 | 178,483,185.26 | | Wozhi Vietnam Annual Production of 8 Million Meters Project | 25 million USD | 18,145,145.24 | 31,468,152.66 | [Risk Factors](index=12&type=section&id=%E4%BA%94%E3%80%81%E5%85%B6%E4%BB%96%E6%8A%AB%E9%9C%B2%E4%BA%8B%E9%A1%B9) Identifies key risks including market competition, new product development, exchange rate fluctuations, raw material prices, and overseas operational uncertainties - Market Risk: Faces intense competition from domestic and international fabric companies; failure to adapt to market changes and accurately grasp demand will impact market share and profitability[43](index=43&type=chunk) - Operational Risk: The fabric industry is highly fashion-driven, and new product development carries uncertainties, potentially leading to difficulties in promotion if consumer demand is not met[44](index=44&type=chunk) - Exchange Rate and Raw Material Risk: Overseas sales are primarily settled in USD, exposing the company to RMB exchange rate fluctuations; price volatility of key raw materials like POY and DTY may affect gross profit margins[44](index=44&type=chunk)[45](index=45&type=chunk) - Overseas Operational Risk: Global capacity and market expansion are influenced by various factors including international politics, laws, taxes, and tariffs, posing risks such as policy discontinuity[45](index=45&type=chunk)[46](index=46&type=chunk) [Corporate Governance, Environment, and Society](index=13&type=section&id=%E7%AC%AC%E5%9B%9B%E8%8A%82%20%E5%85%AC%E5%8F%B8%E6%B2%BB%E7%90%86%E3%80%81%E7%8E%AF%E5%A2%83%E5%92%8C%E7%A4%BE%E4%BC%9A) Covers changes in the company's executive management and its policy regarding profit distribution for the reporting period [Executive Changes and Profit Distribution](index=13&type=section&id=%E4%B8%80%E3%80%81%E5%85%AC%E5%8F%B8%E8%91%A3%E4%BA%8B%E3%80%81%E7%9B%91%E4%BA%8B%E3%80%81%E9%AB%98%E7%BA%A7%E7%AE%A1%E7%90%86%E4%BA%BA%E5%91%98%E5%8F%98%E5%8A%A8%E6%83%85%E5%86%B5) Reports on the change in the company's CFO and the absence of a profit distribution plan for the half-year - Former CFO Ms. Zhang Ying resigned on May 29, 2025, and Mr. Bao Hang was appointed as the new CFO on the same day[48](index=48&type=chunk) - The company's proposed half-year profit distribution plan is no distribution and no capital increase from capital reserves[49](index=49&type=chunk) [Significant Matters](index=14&type=section&id=%E7%AC%AC%E4%BA%94%E8%8A%82%20%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9) Details the fulfillment of commitments by key stakeholders and significant related party transactions during the reporting period [Fulfillment of Commitments](index=14&type=section&id=%E4%B8%80%E3%80%81%E6%89%BF%E8%AF%BA%E4%BA%8B%E9%A1%B9%E5%B1%A5%E8%A1%8C%E6%83%85%E5%86%B5) Confirms that the company's controlling shareholders, directors, and executives have fulfilled their IPO commitments - Controlling shareholders, actual controllers, directors, supervisors, and senior executives committed not to transfer shares within **36 months** from the listing date, with conditions for extended lock-up periods and minimum reduction prices[53](index=53&type=chunk)[54](index=54&type=chunk) - The actual controller and major shareholders committed not to engage in businesses that compete with the company and to prioritize offering relevant business opportunities to the company[56](index=56&type=chunk) - The company, controlling shareholders, directors, supervisors, and senior executives committed to measures such as strengthening operations and enhancing investor returns to mitigate the risk of diluted immediate returns due to the IPO[57](index=57&type=chunk)[59](index=59&type=chunk)[60](index=60&type=chunk) [Significant Related Party Transactions](index=19&type=section&id=%E5%8D%81%E3%80%81%E9%87%8D%E5%A4%A7%E5%85%B3%E8%81%94%E4%BA%A4%E6%98%93) Discloses significant financial transactions with Zhejiang Hangzhou Yuhang Rural Commercial Bank, where the company's actual controller serves as a director Deposit Business with Related Party Bank | Related Party | Relationship | Beginning Balance (yuan) | Ending Balance (yuan) | | :--- | :--- | :--- | :--- | | Zhejiang Hangzhou Yuhang Rural Commercial Bank Co., Ltd. | Actual Controller Yang Linshan serves as a Director | 279,692,325.37 | 261,385,389.77 | - The company obtained a credit line of **100 million yuan** from Zhejiang Hangzhou Yuhang Rural Commercial Bank, with **zero** actual utilization during the reporting period[70](index=70&type=chunk) [Share Changes and Shareholder Information](index=21&type=section&id=%E7%AC%AC%E5%85%AD%E8%8A%82%20%E8%82%A1%E4%BB%BD%E5%8F%98%E5%8A%A8%E5%8F%8A%E8%82%A1%E4%B8%9C%E6%83%85%E5%86%B5) Provides an overview of the company's share capital structure and the holdings of its major shareholders [Share Capital Structure and Shareholder Information](index=21&type=section&id=%E4%B8%80%E3%80%81%E8%82%A1%E6%9C%AC%E5%8F%98%E5%8A%A8%E6%83%85%E5%86%B5) Confirms no changes in the company's total share capital or structure, with stable major shareholder holdings - During the reporting period, there were no changes in the company's total share capital or share capital structure[73](index=73&type=chunk) Top Two Shareholder Holdings | Shareholder Name | Shares Held at Period End | Percentage (%) | | :--- | :--- | :--- | | Hangzhou Zhongwang Industrial Co., Ltd. | 80,684,596 | 73.35 | | Hangzhou Wanggaodian Investment Management Partnership (Limited Partnership) | 1,815,404 | 1.65 | [Financial Report](index=24&type=section&id=%E7%AC%AC%E5%85%AB%E8%8A%82%20%E8%B4%A2%E5%8A%A1%E6%8A%A5%E5%91%8A) Presents the company's complete financial statements, including balance sheet, income statement, and cash flow statement, along with detailed notes [Financial Statements](index=25&type=section&id=%E4%BA%8C%E3%80%81%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) Summarizes the company's financial position, performance, and cash flows as of June 30, 2025, and for the first half of the year Consolidated Balance Sheet Summary (June 30, 2025) | Item | Amount (yuan) | | :--- | :--- | | Total Assets | 1,530,742,337.86 | | Total Liabilities | 109,732,478.03 | | Total Equity Attributable to Parent Company Shareholders | 1,421,009,859.83 | Consolidated Income Statement Summary (January-June 2025) | Item | Amount (yuan) | | :--- | :--- | | Total Operating Revenue | 239,234,377.00 | | Total Profit | 38,963,528.94 | | Net Profit | 33,455,266.22 | | Net Profit Attributable to Parent Company Shareholders | 33,455,266.22 | Consolidated Cash Flow Statement Summary (January-June 2025) | Item | Amount (yuan) | | :--- | :--- | | Net Cash Flow from Operating Activities | 37,031,192.86 | | Net Cash Flow from Investing Activities | -14,846,735.17 | | Net Cash Flow from Financing Activities | -47,106,802.84 | | Net Increase in Cash and Cash Equivalents | -24,255,099.84 | [Notes to Financial Statements](index=44&type=section&id=%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8%E9%99%84%E6%B3%A8) Provides detailed explanations of the company's accounting policies, estimates, tax information, and specific financial statement items - The company's financial statements are prepared on a going concern basis, in accordance with enterprise accounting standards[117](index=117&type=chunk)[119](index=119&type=chunk) - The company's high-tech enterprise qualification expired at the end of 2024 and is currently undergoing re-evaluation; corporate income tax for this period is still calculated at a preferential rate of **15%**[199](index=199&type=chunk) - The company's specific revenue recognition method is: revenue is recognized when the customer obtains control of the relevant goods, with domestic sales based on customer acceptance and export sales based on customs declaration and bill of lading acquisition[183](index=183&type=chunk)

格隆汇8月14日丨众望布艺(605003.SH)公布2025年半年度报告，报告期实现营业收入2.39亿元，同比下 降4.16%；归属于上市公司股东的净利润3345.53万元，同比下降28.57%；归属于上市公司股东的扣除非 经常性损益的净利润2398.22万元，同比下降46.91%；基本每股收益0.30元。 ...

证券之星消息，8月14日服装家纺板块较上一交易日下跌1.64%，棒杰股份领跌。当日上证指数报收于 3666.44，下跌0.46%。深证成指报收于11451.43，下跌0.87%。服装家纺板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002634 | 棒杰股份 | 4.75 | -5.94% | 17.99万 | 8711.70万 | | 601718 | 际华集团 | 3.88 | -5.13% | 402.60万 | 16.00亿 | | 300591 | 万里马 | 12.33 | -5.01% | 79.59万 | 10.05亿 | | 300005 | 探路者 | 9.22 | -4.65% | 66.70万 | 6.26亿 | | 605003 | 众望布艺 | 22.04 | -4.38% | 2.64万 | 5855.04万 | | 300840 | 酷特智能 | 22.45 | -3.90% | 21.05万 | 4.80亿 | | 002193 | 如意 ...

证券代码：605003 证券简称：众望布艺 公告编号：2025-019 众望布艺股份有限公司 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： ? 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 6 月 17 日 (二)股东大会召开的地点：杭州市临平区东湖街道北沙东路 68 号 1 楼会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 份总数的比例（%） 6.7555 (三)关于议案表决的有关情况说明 议案 1 涉及关联交易回避表决的议案，关联股东杭州众望实业有限公司回避表 决。 (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东大会由董事会召集，董事长杨林山先生主持，采用现场投票和网络 投票相结合的方式召开并表决。本次股东大会的召集和召开符合《公司法》《公 司章程》及公司《股东大会议事规则》等相关规定。 (五)公司董事、监事和董事会秘书的出席情况 二、 议案审议情况 (一)非累积投票议案 审议结果：通过 表决情 ...