证券代码：000523 证券简称：红棉股份 公告编号：2025-045 广州市红棉智汇科创股份有限公司 关于广州鹰金钱食品集团有限公司收购方案变更的公告 1、为进一步扩大广州市红棉智汇科创股份有限公司（以下简称"上市公司" "公司"）饮料板块业务规模，提升公司核心竞争力，同时规范公司与控股股东 广州轻工工贸集团有限公司（以下简称"轻工集团"）部分业务存在同业竞争的 问题，公司于 2024 年 1 月 13 日披露了《关于筹划重大资产重组的提示性公告》 （公告编号：2024-005），拟现金收购轻工集团全资子公司广州鹰金钱食品集团 有限公司（以下简称"鹰金钱"）100%股权。公司于 2024 年 11 月 2 日披露了 《关于筹划收购广州鹰金钱食品集团有限公司 100%股权不构成重大资产重组 的进展公告》（公告编号：2024-054），由于公司 2023 年末经审计净资产较 2022 年末经审计净资产有较大幅度提升，同时，结合对鹰金钱的尽职调查进展及最近 一期财务数据情况，公司收购鹰金钱 100%股权事项不构成《上市公司重大资产 重组管理办法》规定的重大资产重组。 2、鉴于公司与轻工集团全资子公司鹰金钱的控股子 ...

证券代码：000523 证券简称：红棉股份 公告编号：2025-044 广州市红棉智汇科创股份有限公司 第十一届监事会第十四次会议决议公告 本公司及监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。 一、监事会会议召开情况 广州市红棉智汇科创股份有限公司（以下简称"公司"）监事会于 2025 年 6 月 17 日以电子邮件等方式发出召开第十一届监事会第十四次会议的通知，并 于 2025 年 6 月 23 日以现场结合通讯方式召开了会议。应到监事 3 人，实到监事 3 人（其中独立监事廖鸣卫以通讯方式出席），占应到监事人数的 100％。本次 会议由监事会主席贺军主持，本次会议符合《公司法》等有关法律、法规、规章 和《公司章程》的规定，投票表决的人数超过监事总数的二分之一，表决有效。 二、监事会会议审议情况 1、审议通过《关于公司与广州市南业营元投资咨询有限公司签署股权转让 协议的议案》（表决结果为 3 票同意，0 票反对，0 票弃权） 监事会同意公司以自有资金人民币 90,280,421.54 元的价格收购广州市南业 营元投资咨询有限公司持有的广州市亚洲牌食品科技有限公司（ ...

证券代码：000523 证券简称：红棉股份 公告编号：2025-043 广州市红棉智汇科创股份有限公司 第十一届董事会第十七次会议决议公告 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。 一、董事会会议召开情况 广州市红棉智汇科创股份有限公司（以下简称"公司"）董事会于 2025 年 6 月 17 日以电子邮件等方式发出召开第十一届董事会第十七次会议的通知，并 于 2025 年 6 月 23 日以现场结合通讯方式召开了会议。应到董事 7 人，实到董事 7 人（其中独立董事吴振强以通讯方式出席），占应到董事人数的 100％。本次 会议由郑坚雄董事长主持，全体监事和高级管理人员列席了会议。本次会议的召 集和召开符合《公司法》等有关法律、法规、规章和《公司章程》的规定，投票 表决的人数超过董事总数的二分之一，表决有效。 二、董事会会议审议情况 董事会同意公司接受广州鹰金钱食品集团有限公司委托，广州鹰金钱食品集 团有限公司不可撤销地授权公司作为其持有的 60.0004%广州市亚洲牌食品科技 有限公司股权唯一的、排他的受托人，在协议约定的委托期间内，依据相关法律 法规及 ...

Core Viewpoint - The article emphasizes the importance of engine performance in commercial vehicles, highlighting how it affects transportation efficiency, product reliability, and operator profitability. It discusses the latest engine products from Yuchai Machinery, particularly the YCK16LN natural gas engine and the YKC12L diesel engine, which aim to meet current market demands amid increasing competition in the industry [1][3][15]. Group 1: Engine Product Features - The YCK16LN natural gas engine is designed to address user pain points in heavy-duty climbing conditions, offering a power range of 590-660 horsepower and peak torque of 2600-2800 Nm, targeting long-distance logistics and oversized transport [4][10]. - The YCK12L diesel engine is aimed at 6×4 medium to long-distance composite transport and 8×4 heavy-duty dump trucks, with a power range of 470-520 horsepower and peak torque of 2200-2400 Nm, making it the most powerful product in the domestic 12-liter diesel engine category [6][12]. - Both engines are designed to enhance operational performance, with the YCK12L series boasting a 10% higher low-speed torque compared to competitors, providing better acceleration and climbing capabilities [6][12]. Group 2: Technological Innovations - The YCK16LN engine incorporates advanced technologies such as "reverse flow" cooling and super materials, which enhance reliability and performance under extreme conditions, achieving a B10 lifespan exceeding 1.8 million kilometers [10][12]. - The YCK12L engine features a lightweight design, being over 50 kg lighter than competitors, and includes a built-in braking system that reduces wear on tires and brake discs, leading to lower maintenance costs [12][13]. Group 3: Market Position and Strategy - Yuchai Machinery is focusing on continuous innovation and product iteration to improve economic efficiency and reliability, addressing market concerns about traditional fuel vehicles amid the rapid influx of new energy products [13][14]. - Despite a decline in the gas heavy truck market, Yuchai has seen an increase in the shipment of its related models, indicating a growing influence in the market and a successful product matrix for gas engines [14][15].

证券代码：000523 证券简称：红棉股份 公告编号：2025-042 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。 重要提示： 1、广州市红棉智汇科创股份有限公司（以下简称"公司"）股东广州东润 发环境资源有限公司（以下简称"东润发公司"）拟将其持有的公司 121,029 股 股份（占公司总股本的 0.01%）以非公开协议转让方式转让给公司控股股东广州 轻工工贸集团有限公司（以下简称"轻工集团"）。 广州市红棉智汇科创股份有限公司 关于控股股东及其一致行动人之间内部协议转让股份 的提示性公告 2、轻工集团、广州华糖商务发展有限公司（以下简称"华糖商务"）、东 润发公司为一致行动人。本次协议转让事项属于公司控股股东轻工集团及其一致 行动人东润发公司之间的内部转让，不涉及二级市场减持，不会导致轻工集团及 其一致行动人合计持股比例、数量发生变化。 3、本次股份转让不触及要约收购，亦不会导致公司控股股东及实际控制人 发生变化。 4、本次股份转让尚需通过深圳证券交易所合规性审核，并在中国证券登记 结算有限责任公司深圳分公司办理股份过户相关手续。本次股份转让能否最终完 ...

Core Insights - Hongmian Co., Ltd. (000523.SZ) reported a total operating revenue of 484 million yuan for Q1 2025, ranking 12th among disclosed peers, which represents a decrease of 54.62 million yuan or 10.14% year-on-year [1] - The net profit attributable to shareholders was 11.71 million yuan, ranking 11th among peers, down by 10.02 million yuan or 46.10% compared to the same period last year [1] - The net cash inflow from operating activities was 241 million yuan, ranking 4th among peers, an increase of 164 million yuan or 212.95% year-on-year [1] Financial Ratios - The latest debt-to-asset ratio is 39.26%, ranking 7th among peers, which is an increase of 1.89 percentage points from the previous quarter but a decrease of 14.03 percentage points year-on-year [3] - The latest gross profit margin is 12.66%, ranking 11th among peers, down by 0.26 percentage points from the previous quarter but up by 1.35 percentage points year-on-year, marking two consecutive years of increase [3] - The latest return on equity (ROE) is 0.62%, ranking 9th among peers, down by 0.91 percentage points year-on-year [3] Earnings Per Share and Turnover Ratios - The diluted earnings per share is 0.01 yuan, ranking 12th among peers, a decrease of 0.01 yuan or 45.76% year-on-year [3] - The latest total asset turnover ratio is 0.14 times, ranking 5th among peers, down by 0.02 times year-on-year, a decrease of 12.60% [3] - The latest inventory turnover ratio is 1.47 times, ranking 7th among peers, down by 1.34 times year-on-year, a decrease of 47.76% [3] Shareholder Structure - The number of shareholders is 47,500, with the top ten shareholders holding 1.182 billion shares, accounting for 64.38% of the total share capital [3] - The largest shareholder is Guangzhou Light Industry Trade Group Co., Ltd. with a holding ratio of 27.80% [3] - Other significant shareholders include Guangzhou Langqi Industrial Co., Ltd. with 14.35% and Industrial Asset Management Co., Ltd. with 5.45% [3]

Financial Performance - The company's operating revenue for Q1 2025 was ¥483,848,583.70, a decrease of 10.14% compared to ¥538,465,316.08 in the same period last year[5] - Net profit attributable to shareholders was ¥11,713,650.15, down 46.10% from ¥21,731,571.68 year-on-year[5] - Basic and diluted earnings per share decreased by 45.76% to ¥0.0064 from ¥0.0118 in the same period last year[5] - Net profit for the current period was ¥19,645,119.61, a decline of 33.69% compared to ¥29,600,310.40 in the previous period[19] - The total comprehensive income attributable to the parent company was 10,224,171.82, down from 23,285,380.74, indicating a decrease of about 56.1%[20] - The total comprehensive income for the period was 18,155,641.28, down from 31,154,119.46, indicating a decrease of about 41.7%[20] Cash Flow - The net cash flow from operating activities increased significantly by 212.95%, reaching ¥241,488,098.68 compared to ¥77,165,009.05 in the previous year[5] - Operating cash flow net amount was 241,488,098.68, significantly up from 77,165,009.05, showing an increase of approximately 213.5%[22] - Cash inflow from operating activities totaled 620,141,985.99, compared to 672,531,855.27 in the previous period, reflecting a decrease of about 7.8%[21] - Cash outflow from investing activities was 122,707,483.79, compared to 25,222,013.69 in the previous period, indicating an increase of approximately 386.5%[22] - The net cash flow from investing activities was -115,499,770.10, worsening from -21,035,803.60 in the previous period[22] - Cash and cash equivalents at the end of the period were ¥1,196,238,768.80, slightly down from ¥1,200,341,638.04 at the beginning of the period[16] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,439,029,593.91, reflecting a 2.16% increase from ¥3,366,377,571.09 at the end of the previous year[5] - Total liabilities rose to ¥1,350,009,386.43, compared to ¥1,257,826,355.77 at the beginning of the period, reflecting an increase of 7.34%[17] - Current assets decreased to ¥1,813,954,498.31, down 8.46% from ¥1,981,840,257.17 at the beginning of the period[17] - Non-current assets increased to ¥1,625,075,095.60, up from ¥1,384,537,313.92 at the beginning of the period, marking a growth of 17.39%[17] - The company’s total equity decreased to ¥2,089,020,207.48 from ¥2,108,551,215.32, reflecting a decline of 0.12%[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 47,460[11] - The largest shareholder, Guangzhou Light Industry Group, holds 27.80% of shares, totaling 510,308,307 shares[11] - Guangzhou Langqi Industrial Co., Ltd. holds 14.35% of shares, totaling 263,336,202 shares, with 6,993,417 shares frozen[11] - The company repurchased shares, resulting in a total of ¥40,941,879.52 in treasury stock at the end of the reporting period[9] - The company repurchased 18,135,928 shares, representing 0.99% of the total share capital, with a total transaction amount of 55,237,745.52 RMB[14] - The maximum repurchase price was 3.59 RMB per share, below the planned maximum of 3.68 RMB[14] - The company plans to use self-owned funds for share repurchase, with a total amount between 50 million and 100 million RMB[13] - The company has a total of 13,760,428 shares in the repurchase account, accounting for 0.75% of the total share capital[12] - The top ten shareholders do not participate in margin financing business[13] - The company maintains compliance with relevant laws and regulations regarding share repurchase[14] Investment and Financial Activities - The company reported a significant increase in long-term equity investments, which rose by 1369.96% to ¥107,299,505.61 from ¥7,299,505.61[9] - The company experienced a 51.17% decrease in advance receipts, totaling ¥557,395.44 compared to ¥1,141,589.36 in the previous year[9] - Financial expenses increased by 43.49% due to higher bank loan interest and financing costs for new projects[9] - The company recorded a 386.79% increase in investment income, amounting to ¥3,369,835.76 compared to ¥692,261.56 in the previous year[9] Product Development - The company did not report any significant new product developments or market expansions during this period[23]

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。 特别提示： 广州市红棉智汇科创股份有限公司 2024 年度股东大会决议公告 证券代码：000523 证券简称：红棉股份 公告编号：2025-040 2、召开时间： 1、本次股东大会无变更、否决提案的情形。 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1、会议名称：广州市红棉智汇科创股份有限公司（以下简称"公司"）2024 年度 股东大会 （1）现场会议召开时间：2025 年 4 月 25 日（星期五）下午 14:30 （2）网络投票时间： 通过深交所交易系统进行网络投票的时间为 2025 年 4 月 25 日上午 9:15—9:25，9:30 —11:30 和下午 13:00—15:00； 通过深交所互联网投票系统进行网络投票的具体时间为 2025 年 4 月 25 日上午 9:15 至下午 15:00 的任意时间。 3、现场召开地点：广州市天河区黄埔大道西 100 号富力盈泰广场 B 栋 1907-1908 公司大会议室 7、本次股东大会的召集、召开和表决程 ...

关于广州市红棉智汇科创股份有限公司 2024 年度股东大会的 法律意见书 北京大成（广州）律师事务所 www.dacheng.com / www.dentons.cn 广东省广州市天河区珠江新城珠江东路 6 号广州周大福金融中心 14-15 层（邮编：510623） 14-15F, CTF Finance Centre Plaza, No.6, Zhujiang East Road, Zhujiang New Town, Tianhe District, Guangzhou 510623, China Tel: +86 20-85277000 Fax: +86 20-85277002 二〇二五年四月 dacheng.com dentons.cn 北京大成（广州）律师事务所 关于广州市红棉智汇科创股份有限公司 2024 年度股东大会 法律意见书 致：广州市红棉智汇科创股份有限公司 根据《中华人民共和国证券法》（以下简称《证券法》）、《中华人民共和国公 司法》（以下简称《公司法》）和中国证券监督管理委员会《上市公司股东会规则》 （以下简称《股东会规则》）等法律、法规和其他有关规范性文件的要求，北京大成 （广州）律 ...

证券代码：000523 证券简称：红棉股份 公告编号：2025-039 广州市红棉智汇科创股份有限公司 关于参与设立投资基金完成备案登记的公告 本公司及其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 性陈述或者重大遗漏。 托管人名称：招商银行股份有限公司 备案编码：SAWZ14 公司将根据该基金的后续进展情况，按照有关法律法规的规定和要求，及时履 行信息披露义务。敬请广大投资者注意投资风险。 特此公告。 1 广州市红棉智汇科创股份有限公司 董 事 会 广州市红棉智汇科创股份有限公司（以下简称"公司"）于 2024 年 12 月 13 日、 2024 年 12 月 30 日分别召开了第十一届董事会第十一次会议及 2024 年第五次临时 股东大会，审议通过了《关于与关联方成立投资基金暨关联交易的议案》，同意公 司与公司控股股东广州轻工工贸集团有限公司下属企业广州现代私募股权投资基金 管理有限公司（以下简称"现代私募"）、广州现代投资有限公司（以下简称"现 代投资"）、广州市虎头电池集团股份有限公司（以下简称"虎头公司"）发起设 立广州穗越兴壹期创业投资基金合伙企业（有限合伙）（以下简称"基 ...