公司已根据法律规定就本次股份回购注销部分限制性股票事宜履行通知债 权人程序。具体内容详见公司于 2025 年 7 月 31 日在上海证券交易所网站 （www.sse.com.cn）及指定信息披露媒体披露的《关于回购注销部分限制性股票 减少注册资本通知债权人的公告》（公告编号：2025-034）。截至本公告日，公 示期已满 45 天，在此期间公司未收到债权人要求清偿债务或者提供相应担保的 申报。 2025 年 9 月 15 日，公司披露了《江苏共创人造草坪股份有限公司关于股权 激励限制性股票回购注销实施的公告》，本次回购注销限制性股票数量为 835 股（公告编号：2025-045）。 1 二、本次限制性股票的回购与注销情况 证券代码：605099 证券简称：共创草坪 公告编号：2025-046 江苏共创人造草坪股份有限公司 关于部分股权激励限制性股票回购注销完成的公告 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。 一、本次股权激励限制性股票回购注销的决策与信息披露 江苏共创人造草坪股份有限公司（以下简称"公司"）于 20 ...

Summary of Conference Call for Gongchuang Turf Company Overview - Gongchuang Turf has experienced significant order growth in Q3 2025, primarily due to improved international trade conditions and reduced impact from U.S. tariffs on Vietnam [2][5] - The company maintains a fixed dividend policy, distributing 50% of annual profits, which will not change in the future [9][31] Industry Insights - The overseas market accounts for nearly 90% of Gongchuang Turf's business, with domestic demand improving due to sports events and private capital entering the market [2][6] - The domestic artificial turf market is growing rapidly, driven by government encouragement for social football fields, although growth in sports turf demand is expected to be slower than that of leisure turf over the next five years [4][17] Financial Performance - In H1 2025, Gongchuang Turf achieved stable revenue and profit growth, with Q3 orders significantly better than Q2, indicating a positive outlook for Q4 [3][29] - The company’s gross margin remains above 30%, despite fluctuations in raw material prices [11][12] Market Dynamics - The U.S. tariffs on Vietnam primarily affected order timing rather than pricing, with customers bearing most of the tariff costs [7][38] - The South American market is emerging with rapid demand growth, although its scale is still much smaller than North America [13][14] Operational Efficiency - The Vietnam base has lower manufacturing costs compared to domestic production due to lower labor and energy costs, and improved operational efficiency [18][19] - The company is focused on continuous cost control through measures such as increasing labor efficiency and optimizing production processes [4][37] Future Outlook - The company plans to expand production capacity in Vietnam with the upcoming Phase III project, which will add 40 million square meters of new capacity [20] - The overall profit target for 2025 is expected to exceed revenue growth targets, reflecting strong operational performance [29][36] Competitive Landscape - The domestic market has numerous turf suppliers, with Gongchuang Turf being one of the top players alongside several other significant companies [16] - The competitive pressure in pricing has not significantly changed compared to 2023, with a slight decrease in competition intensity noted [26] Additional Considerations - The company is not strategically abandoning important markets like the Middle East and India, despite temporary demand declines in earlier quarters [24] - The demand for leisure turf is expected to grow due to increased penetration and expanded application scenarios [22]

Group 1 - The core viewpoint of the report indicates that the company achieved a revenue of 900 million in Q2 2025, representing an 8% year-on-year increase, and a net profit of 200 million, which is a 16% increase compared to the previous year [1] - For the first half of 2025, the company reported a revenue of 1.7 billion, marking an 11% year-on-year growth, and a net profit of 300 million, reflecting a 22% increase [1] - The primary sales category driving growth in overseas markets remains the leisure turf segment, with sales volume increasing by 8.69% and revenue growing by 11.23% year-on-year [1] Group 2 - The Americas and Europe are identified as the main sources of growth in overseas markets during the first half of the year [1] - The company's foreign trade sales department has enhanced market-driven and customer value-driven strategies, including increasing customer visit frequency and actively participating in international exhibitions to strengthen customer relationships [1] - Despite ongoing global trade tensions and geopolitical conflicts that have slowed economic growth, the company's management remains focused on "change and breakthrough," achieving stable growth in overseas market revenue and profits [1] Group 3 - The company has adjusted its profit forecast and maintains a "buy" rating for its stock [1]

Investment Rating - The investment rating for the company is "Buy" with a target price not specified [5] Core Views - The company reported a revenue of 900 million in Q2 2025, an increase of 8% year-on-year, and a net profit attributable to the parent company of 200 million, up 16% year-on-year. For the first half of 2025, revenue reached 1.7 billion, growing by 11%, with a net profit of 300 million, increasing by 22% [1] - The company sold a total of 49.48 million square meters of artificial turf products, representing a year-on-year increase of 6.45%. Revenue from leisure grass products was 1.2 billion, up 11.79%, while sports grass revenue was 300 million, down 4.18%. Revenue from simulated plants and other products was 200 million, up 46%, driven by rapid growth in diversified business sales [1] - International market revenue for the first half of 2025 was 1.6 billion, an increase of 12.88%, accounting for 95% of total revenue, which is an increase of 1.23 percentage points year-on-year, contributing significantly to overall performance [1] - The main sales category and growth driver in the overseas market remains leisure grass, with sales volume increasing by 8.69% year-on-year and revenue growing by 11.23% [1][2] Financial Performance Summary - Domestic market revenue for the first half of 2025 was 82.95 million, a decrease of 10.72%, accounting for 4.93% of total revenue. The domestic artificial turf application remains concentrated in sports venues, with demand driven by the expansion of the football industry and government investment in sports infrastructure [2] - The company adjusted its profit forecast, expecting revenues of 3.5 billion, 4.3 billion, and 5.2 billion for 2025, 2026, and 2027 respectively, with net profits of 660 million, 830 million, and 1.02 billion. The EPS is projected to be 1.6, 2.1, and 2.6 for the same years, corresponding to P/E ratios of 21, 17, and 13 [3][4]

证券代码：605099 证券简称：共创草坪 公告编号：2025-045 江苏共创人造草坪股份有限公司 关于股权激励限制性股票回购注销实施的公告 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。 重要内容提示： 回购注销原因：江苏共创人造草坪股份有限公司（以下简称"公司"） 《2024 年股票期权与限制性股票激励计划》（以下简称《激励计划》）首次授 予部分第一个解除限售期所对应的 2024 年度业绩考核目标在公司层面未完全达 标，存在部分限制性股票不符合解除限售条件，公司需对此部分已授予但尚未解 除限售的限制性股票进行回购注销。根据《上市公司股权激励管理办法》（以下 简称《管理办法》）及《激励计划》的有关规定，拟对首次授予部分的 13 名激 励对象已授予但尚未解除限售的部分限制性股票进行回购并注销，合计 835 股。 本次注销股份的有关情况 | 回购股份数量（股） | 注销股份数量（股） | | 注销日期 | | | | --- | --- | --- | --- | --- | --- | | 835 | 835 | 20 ...

北京大成（南京）律师事务所 关于江苏共创人造草坪股份有限公司 2024年股票期权与限制性股票激励计划实施回购注销部分限制性股票 的 法律意见书 致：江苏共创人造草坪股份有限公司 北京大成（南京）律师事务所（下称"本所"）接受江苏共创人造草坪股份有限公 司（下称"共创草坪"或"公司"）委托，根据《中华人民共和国公司法》（下称"《公 司法》"）、《中华人民共和国证券法》（下称"《证券法》"）、《律师事务所从事证券法律业 务管理办法》、《律师事务所证券法律业务执业规则（试行）》、中国证券监督管理委员会 （下称"中国证监会"）《上市公司股权激励管理办法》（下称"《管理办法》"）等法律、 行政法规、部门规章及规范性文件和《江苏共创人造草坪股份有限公司章程》（下称"《公 司章程》"）的有关规定，就共创草坪实行 2024 年股票期权与限制性股票激励计划（下 称"本激励计划"或"本计划"）实施回购注销部分限制性股票（下称"本次回购注销"） 事项，出具本法律意见书。 为出具本法律意见书，本所在此特别声明： 1.本所律师依据本法律意见书出具日之前已经发生或存在的相关事实发表法律意 见，本法律意见书以本所律师于本法律意见书出具日前 ...

Core Points - The company announced its 2024 Stock Option and Restricted Stock Incentive Plan, indicating that the performance targets for the first vesting period were not fully met, leading to the need for stock repurchase and cancellation [1] - A total of 835 shares of restricted stock granted to 13 incentive recipients will be repurchased and canceled due to not meeting the vesting conditions [1] Summary by Sections - **Incentive Plan Overview** - The company has implemented an incentive plan for 2024, which includes stock options and restricted stocks [1] - **Performance Targets** - The performance assessment targets at the company level were not fully achieved, resulting in some restricted stocks not meeting the release conditions [1] - **Stock Repurchase Details** - The company will repurchase and cancel a total of 835 shares of restricted stock that were granted but not yet released to the recipients [1]

Core Points - The company announced its 2024 Stock Option and Restricted Stock Incentive Plan, indicating that the performance targets for the first vesting period were not fully met, leading to the need for stock repurchase and cancellation [1] - A total of 835 shares of restricted stock granted to 13 incentive recipients will be repurchased and canceled due to not meeting the vesting conditions [1] Summary by Sections - **Incentive Plan Overview** - The company has implemented a stock option and restricted stock incentive plan for 2024 [1] - **Performance Targets** - The performance targets at the company level for the first vesting period were not fully achieved, resulting in some restricted stocks not meeting the release conditions [1] - **Stock Repurchase Details** - The company plans to repurchase and cancel a total of 835 shares of restricted stock that were granted but not yet released to the recipients [1]

Company Overview - Jiangsu Gongchuang Artificial Turf Co., Ltd. is located in Huai'an District, Jiangsu Province, established on January 16, 2004, and listed on September 30, 2020. The company specializes in the research, production, sales, and import-export of artificial turf [1][2]. Financial Performance - For the first half of 2025, the company achieved operating revenue of 1.682 billion yuan, representing a year-on-year growth of 11.43%. The net profit attributable to the parent company was 345 million yuan, with a year-on-year increase of 21.69% [2]. - Since its A-share listing, the company has distributed a total of 1.089 billion yuan in dividends, with 698 million yuan distributed over the past three years [3]. Stock Performance - As of September 12, the stock price of Gongchuang Turf decreased by 2.02%, trading at 34.45 yuan per share, with a total market capitalization of 13.837 billion yuan. The stock has increased by 69.37% year-to-date [1]. - The stock has appeared on the daily trading leaderboard 11 times this year, with the most recent appearance on September 10, where it recorded a net purchase of 47.152 million yuan [1]. Shareholder Information - As of August 29, the number of shareholders for Gongchuang Turf was 15,000, a decrease of 7.80% from the previous period. The average circulating shares per person increased by 8.45% to 26,676 shares [2]. - As of June 30, 2025, Hong Kong Central Clearing Limited was the eighth largest circulating shareholder, holding 4.6718 million shares, a decrease of 2.0447 million shares from the previous period [3]. Business Segmentation - The company's main business revenue composition includes leisure turf (71.06%), sports turf (17.21%), and simulated plants and others (11.73%) [1].

从资金流向上来看，当日家居用品板块主力资金净流出2.84亿元，游资资金净流出2928.49万元，散户资 金净流入3.13亿元。家居用品板块个股资金流向见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 301575 | C文分达 | 71.51 | -4.36% | 10.92万 | 7.46亿 | | 603709 | 中源家居 | 14.74 | -4.04% | 11.94万 | 1.76亿 | | 6605099 | 共创草坪 | 35.16 | -2.52% | 12.93万 | 4.60亿 | | 603226 | 菲林格尔 | 28.60 | -1.99% | 8.15万 | 2.33亿 | | 301588 | 美新科技 | 21.57 | -1.91% | 2.55万 | 5493.23万 | | 605268 | 王力安防 | 11.06 | -1.78% | 23.67万 | 2.62亿 | | 002084 | 海鸥住工 | 3.93 | -1.75% | 73.0 ...