南京公用晚间公告，公司于2025年9月18日召开第十二届董事会第十四次会议，审议通过了《关于终止 以现金方式收购杭州宇谷科技股份有限公司68%股权的议案》，同意公司终止以现金方式收购杭州宇谷 科技股份有限公司68%股权事项，并授权公司经营层办理本次终止相关事宜。此次终止是由于公司与交 易对方未就交易条款等相关事项达成一致，旨在切实维护公司及全体股东利益。本次交易的终止不会对 公司现有生产经营和财务状况造成重大不利影响。 ...

Market Overview - The Shanghai Composite Index rose by 0.04% on September 16, with 21 out of the 28 sectors experiencing gains. The top-performing sectors were the comprehensive sector and machinery equipment, with increases of 3.62% and 2.06% respectively [1] - The sectors that saw declines included agriculture, forestry, animal husbandry, and fishery, which fell by 1.29%, and banking, which decreased by 1.15% [1] Capital Flow Analysis - The net outflow of capital from the two markets was 37.426 billion yuan, with 11 sectors experiencing net inflows. The machinery equipment sector led with a net inflow of 5.508 billion yuan, followed by the computer sector, which also saw a 2.06% increase and a net inflow of 4.945 billion yuan [1] - Conversely, 20 sectors experienced net outflows, with the non-ferrous metals sector leading the outflow at 10.335 billion yuan, followed by the power equipment sector with an outflow of 8.913 billion yuan. Other sectors with significant outflows included banking, non-bank financials, and pharmaceutical biology [1] Comprehensive Sector Performance - The comprehensive sector increased by 3.62% with a net inflow of 14.5 million yuan. Out of 16 stocks in this sector, 13 rose while 2 fell. The stocks with the highest net inflows included Dongyangguang with 206 million yuan, followed by Zhangzhou Development and Zhejiang Agricultural Shares with net inflows of 21.5552 million yuan and 9.8091 million yuan respectively [2] - The stocks with the highest net outflows in the comprehensive sector were Yuegui Shares, Nanjing New Hundred, and Te Li A, with outflows of 69.481 million yuan, 14.8845 million yuan, and 10.1847 million yuan respectively [2] Comprehensive Sector Capital Flow Ranking - The top stocks in the comprehensive sector based on capital flow included: - Dongyangguang: +7.37%, 4.42% turnover, 206.2576 million yuan inflow - Zhangzhou Development: +0.85%, 4.27% turnover, 21.5552 million yuan inflow - Zhejiang Agricultural Shares: +1.82%, 1.65% turnover, 9.8091 million yuan inflow - Other notable stocks included Zongyi Shares, Yatai Group, and Hongmian Shares, all showing positive performance and varying levels of capital inflow [2]

Market Overview - The Shanghai Composite Index fell by 1.16% on September 3, with only three sectors showing gains: comprehensive, communication, and electric equipment, which rose by 1.64%, 1.61%, and 1.44% respectively [1] - The defense and military industry and non-bank financial sectors experienced the largest declines, with drops of 5.83% and 3.05% respectively [1] Capital Flow Analysis - The net outflow of capital from the two markets reached 71.426 billion yuan, with only three sectors seeing net inflows: electric equipment (2.958 billion yuan), textile and apparel (222 million yuan), and comprehensive (3.1066 million yuan) [1] - The non-bank financial sector had the highest net outflow, totaling 12.210 billion yuan, followed by the defense and military sector with a net outflow of 10.131 billion yuan [1] Comprehensive Sector Performance - The comprehensive sector saw a rise of 1.64% with a net inflow of 3.1066 million yuan, despite only one of its 16 constituent stocks rising [2] - The stock with the highest net inflow in the comprehensive sector was Dongyangguang, which attracted 105 million yuan, followed by Teli A and Hongmian Co., with inflows of 8.7395 million yuan and 5.0492 million yuan respectively [2] - The stocks with the largest net outflows included Yuegui Co., Zhangzhou Development, and Zongyi Co., with outflows of 65.8146 million yuan, 15.135 million yuan, and 13.3925 million yuan respectively [2]

Financial Assistance Overview - Nanjing Langxin Yue Real Estate Co., Ltd. (referred to as "Langxin Yue") is a subsidiary of Nanjing Public Development Co., Ltd. and is primarily engaged in the development and sales of the NO.2017G62 project in Jiangning, Nanjing [2] - The shareholding structure of Langxin Yue includes 45% held by Nanjing Zhongbei Shengye Real Estate Development Co., Ltd., 30% by Nanjing Langfu Real Estate Co., Ltd., and 25% by Jiangsu Lode Equity Investment Fund Management Co., Ltd. [2][8] Financial Assistance Details - In November 2017, Nanjing Zhongbei Shengye provided financial assistance of up to 708.75 million yuan (annual interest rate of 8%) to Langxin Yue for the initial phase of the NO.2017G62 project, with a term of 36 months [3] - In October 2020, the financial assistance was extended for an additional 18 months without interest, approved by the board and shareholders [4] - In May 2022, the financial assistance was further extended for 24 months, also without interest, until May 28, 2024 [5] Current Financial Status - As of December 31, 2024, Langxin Yue reported total assets of 123.72 million yuan, total liabilities of 296.97 million yuan, and a net loss attributable to the parent company of 16.93 million yuan for the year [9] - As of June 30, 2025, total assets were 116.23 million yuan, total liabilities were 289.74 million yuan, and a net loss of 0.26 million yuan was recorded for the first half of 2025 [9] Repayment Status - Due to market fluctuations, Langxin Yue was unable to repay the financial assistance by the due date of May 28, 2024, with an outstanding balance of 140.96 million yuan [6] - In July 2025, Langxin Yue repaid 5 million yuan, leaving an outstanding balance of 135.96 million yuan [6] Financial Assistance Risk and Management - The company has implemented strict management measures for financial assistance, closely monitoring the financial status of recipients and taking legal actions if necessary to recover overdue amounts [10] - The total balance of financial assistance provided by the company stands at 808.15 million yuan, representing 29.75% of the latest audited net assets [11]

证券代码：000421 证券简称：南京公用 公告编号：2025-49 南京公用发展股份有限公司 关于收回对外财务资助部分款项的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 为满足朗鑫樾开发的NO.2017G62项目运营和管理所需的资金需求，经2017年11 月13日召开的第九届董事会第二十四次会议、2017年11月29日召开的2017年第一次 临时股东大会审议通过，中北盛业于NO.2017G62项目开发初始阶段按照同股同权的 原则，以股东借款形式向朗鑫樾提供了不超过70,875万元（年利率8%）的财务资助， 期限36个月。具体内容详见公司分别于2017年11月14日、11月30日在《中国证券报》 《证券时报》及巨潮资讯网（https://www.cninfo.com.cn/）披露的《关于全资子 公司南京中北盛业房地产开发有限公司与南京朗福地产有限公司〈签署关于南京市 NO.2017G62地块项目之合作协议〉并提供财务资助的公告》（公告编号：2017-51） 及《2017年第一次临时股东大会决议公告》（公告编号：2017-52）。 为支持朗鑫樾就NO.2 ...

Market Overview - On August 28, the comprehensive sector rose by 0.92% compared to the previous trading day, with Dongyangguang leading the gains [1] - The Shanghai Composite Index closed at 3843.6, up 1.14%, while the Shenzhen Component Index closed at 12571.37, up 2.25% [1] Stock Performance - Dongyangguang (600673) closed at 20.43, with a gain of 2.61% and a trading volume of 791,200 shares, amounting to a transaction value of 1.59 billion [1] - Yatai Group (600881) closed at 2.07, up 1.47%, with a trading volume of 1,560,300 shares and a transaction value of 320 million [1] - Zongyi Co. (600770) closed at 6.26, up 1.46%, with a trading volume of 833,300 shares and a transaction value of 520 million [1] - Other notable stocks include Te Li A (000025) at 17.64 (+0.40%), and Hongmian Co. (000523) at 3.29 (+0.30%) [1] Capital Flow - The comprehensive sector experienced a net outflow of 364 million from institutional funds, while retail funds saw a net inflow of 209 million [2] - The net inflow from speculative funds was 155 million [2] Individual Stock Capital Flow - Yatai Group saw a net inflow of 24.71 million from institutional funds, while it experienced a net outflow of 22.78 million from speculative funds [3] - Hongmian Co. had a net inflow of 2.50 million from institutional funds and a net inflow of 3.64 million from speculative funds [3] - Shanghai Sanmao (600689) experienced a net outflow of 4.56 million from institutional funds, but a net inflow of 1.68 million from retail investors [3]

Market Overview - On August 26, the comprehensive sector rose by 1.13% compared to the previous trading day, with Zongyi Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3868.38, down 0.39%, while the Shenzhen Component Index closed at 12473.17, up 0.26% [1] Stock Performance - Zongyi Co., Ltd. (600770) closed at 6.25 with a gain of 2.97%, trading volume of 659,700 shares and a turnover of 410 million yuan [1] - Sanmu Group (000632) closed at 4.22, up 2.43%, with a trading volume of 191,800 shares and a turnover of 80.16 million yuan [1] - Zhangzhou Development (000753) closed at 7.44, gaining 2.20%, with a trading volume of 1,270,700 shares and a turnover of 934 million yuan [1] - Dongyangguang (600673) closed at 20.57, up 1.68%, with a trading volume of 1,137,500 shares and a turnover of 2.382 billion yuan [1] Capital Flow - The comprehensive sector experienced a net outflow of 143 million yuan from main funds, while retail funds saw a net inflow of 1.27 billion yuan [2] - The net inflow from speculative funds was 16.05 million yuan [2] Individual Stock Capital Flow - Nanjing New Hundred (600682) had a main fund net inflow of 19.37 million yuan, but a net outflow of 24.12 million yuan from retail investors [3] - Zhangzhou Development (000753) saw a main fund net inflow of 13.86 million yuan, with a significant net outflow of 38.44 million yuan from speculative funds [3] - Shanghai Sanmao (600689) experienced a main fund net outflow of 4.17 million yuan, while speculative funds had a net inflow of 2.93 million yuan [3]

Core Viewpoint - Nanjing Public Utility (000421) reported a significant increase in revenue and net profit for the first half of 2025, indicating improved profitability and operational efficiency compared to the previous year [1][2]. Financial Performance - Total revenue reached 2.867 billion yuan, a year-on-year increase of 16.07% [1][2]. - Net profit attributable to shareholders was 31.283 million yuan, up 276.94% from the previous year [1][2]. - Gross margin improved to 14.18%, reflecting a 15.86% increase year-on-year [1]. - Net margin turned positive at 1.75%, a significant increase of 260.72% compared to the previous year [1]. Cost and Expenses - Operating costs increased by 13.5%, attributed to a higher volume of property projects delivered [3]. - Total selling, administrative, and financial expenses amounted to 367 million yuan, accounting for 12.79% of revenue, down 11.62% year-on-year [1][4]. Cash Flow and Assets - Operating cash flow per share surged to 2.49 yuan, a remarkable increase of 423.41% year-on-year [1]. - The company reported a decrease in cash and cash equivalents, with a net decrease of 128.69%, due to reduced bank loan withdrawals and increased loan repayments [6]. Liabilities and Financial Health - Interest-bearing liabilities decreased by 38.43% to 2.254 billion yuan, reflecting the company's efforts to reduce debt [1][4]. - The company's return on invested capital (ROIC) was 2.18%, indicating weak capital returns historically [6]. Business Model and Market Position - The company's performance is primarily driven by marketing efforts, necessitating a deeper analysis of the underlying factors [6]. - The historical financial performance shows a mixed track record, with two years of losses since its listing, suggesting a fragile business model [6].

南京公用发展股份有限公司 2025 年半年度报告摘要 | 证券代码：000421 | 证券简称：南京公用 | 公告编号：2025-47 | | --- | --- | --- | | | 南京公用发展股份有限公司 | | 南京公用发展股份有限公司 2025 年半年度报告摘 要 一、重要提示 本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规划，投 资者应当到证监会指定媒体仔细阅读半年度报告全文。 所有董事均已出席了审议本报告的董事会会议。 非标准审计意见提示 □适用 ?不适用 董事会审议的报告期利润分配预案或公积金转增股本预案 □适用 ?不适用 公司计划不派发现金红利，不送红股，不以公积金转增股本。 董事会决议通过的本报告期优先股利润分配预案 □适用 ?不适用 二、公司基本情况 股票简称 南京公用 股票代码 000421 股票上市交易所 深圳证券交易所 变更前的股票简称（如有） 南京中北 联系人和联系方式 董事会秘书 证券事务代表 姓名 徐宁 王琴 南京市建邺区白龙江东街 8 号新城科 南京市建邺区白龙江东 街 8 号新城科 办公地址 技园科技创新综合体 A4 号楼 18 层 ...

Core Viewpoint - The report highlights the financial performance and strategic initiatives of Nanjing Public Development Co., Ltd. for the first half of 2025, showcasing significant growth in revenue and net profit, alongside ongoing developments in energy, real estate, and transportation sectors [1][2]. Financial Performance - The company's operating revenue for the first half of 2025 reached approximately 2.87 billion yuan, representing a 16.07% increase compared to the same period last year [2][13]. - The net profit attributable to shareholders was approximately 31.28 million yuan, a substantial increase of 276.94% year-on-year [2][13]. - The net cash flow from operating activities surged by 420.16% to approximately 1.43 billion yuan [2][13]. - Basic earnings per share improved to 0.0543 yuan, compared to a loss of 0.0306 yuan in the previous year [2][13]. Business Segments Energy Sector - The company is focused on enhancing urban gas safety and expanding its gas business, with ongoing projects aimed at upgrading aging gas pipelines and improving supply resilience [3][4]. - The company has implemented advanced technologies such as cloud computing and IoT to promote intelligent management of energy production and consumption [4][11]. Real Estate Sector - The real estate market is undergoing a transformation, with policies aimed at stabilizing prices and improving quality. The company is actively participating in land auctions to increase its quality land reserves [5][6]. - The company reported a significant increase in revenue from real estate development, which accounted for 28.14% of total revenue, up from 9.68% in the previous year [15]. Transportation Sector - The taxi industry is experiencing changes due to technological advancements and the rise of new business models. The company is focusing on integrating traditional taxi services with internet-based operations [6][7]. - The fleet includes 1,927 taxis, with 95.07% being electric vehicles, reflecting the company's commitment to green transportation [7][12]. Strategic Initiatives - The company aims to enhance its market position by focusing on digitalization, green initiatives, and expanding its service offerings in the energy sector [4][11]. - The company is also exploring new business models in the energy market, including charging networks and battery swapping services for electric vehicles [4][11].