2025 年第一次临时股东会决议公告 证券代码：000557 证券简称：西部创业 公告编号：2025-40 宁夏西部创业实业股份有限公司 2025 年第一次临时股东会决议公告 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。 — 1 — 特别提示： 1.本次股东会未出现否决提案的情形； 2.本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间 （1）现场会议召开日期：2025年11月17日（星期一）14:30。 （2）互联网投票时间：通过深圳证券交易所互联网投票系 统投票的开始时间为2025年11月17日9:15，投票结束时间为 2025年11月17日15:00。 （3）交易系统投票时间：通过深圳证券交易所交易系统进 行网络投票的时间为2025年11月17日9:15-9:25、9:30-11:30、 13:00-15:00。 2.现场会议召开地点：宁夏银川市金凤区北京中路168号C 座5楼2号会议室。 2025 年第一次临时股东会决议公告 3.会议召开方式：本次股东会采用现场表决与网络投票相结 合的方式召开。 ...

Core Points - Zhang Wenjun, an independent director of the company, submitted his resignation due to nearing the six-year term limit for independent directors as per regulations [1] - His resignation will result in a non-compliance with the proportion of independent directors on the board and related committees, as well as a lack of accounting professionals among independent directors [1] - Zhang will continue to fulfill his duties until a new independent director is appointed, and the company will expedite the process of selecting a replacement [1] - As of the announcement date, Zhang does not hold any shares in the company and has no outstanding public commitments [1]

法律意见书 关于宁夏西部创业实业股份有限公司 2025 年第一次临时股东会之 法律意见书 国浩律师（银川）事务所 关于宁夏西部创业实业股份有限公司 2025 年第一次临时股东会之 法律意见书 地址：宁夏银川市金凤区北京中路 166 号德宁国际中心 28、29 层 电话: (0951) 6011966 电子邮箱：grandallyc@grandall.com.cn 二〇二五年十一月 地 址 ： 宁 夏 银 川 市 金 凤 区 北 京 中 路 1 6 6 号 德 宁 国 际 中 心 2 8 / 2 9 层 T. +86 09516011966 F. +86 0956011012 E. grandallyc@grandall.com.cn W. www.grandall.com.cn 邮 编 ： 7 5 0 0 0 2 法律意见书 国浩律师（银川）事务所 GHFLYJS[2025] 592 号 致:宁夏西部创业实业股份有限公司 国浩律师（银川）事务所（以下称"本所"）受宁夏西部创业实业 股份有限公司（以下简称"公司"）委托，指派本所律师金晶、朱文煜 出席公司于 2025 年 11 月 17 日 14:30 在宁夏银 ...

宁夏西部创业实业股份有限公司 章 程 2025 年 11 月 | . | 1 | 0 | 1 | . | 2 | | --- | --- | --- | --- | --- | --- | | | | | | | | | | | | | | 宁夏西部创业实业股份有限公司章程 第一章 总 则 第一条 为维护公司、股东、职工和债权人的合法权益， 规范公司的组织和行为，充分发挥中国共产党宁夏西部创业 实业股份有限公司委员会（以下简称"公司党委"）的领导 核心和政治核心作用，根据《中华人民共和国公司法》（以 下简称《公司法》）、《中华人民共和国证券法》（以下简称《证 券法》）、《中国共产党章程》（以下简称《党章》）和其他有 关规定，制定本章程。 第二条 宁夏西部创业实业股份有限公司（以下简称 "公司"）系依照《公司法》和其他有关规定成立的股份有 限公司。 公司经宁夏回族自治区经济体制改革委员会《关于同意 以社会募集方式设立广夏(银川)实业股份有限公司的批复》 （宁体改发[1993]79 号）和中华人民共和国对外贸易经济合 作部《关于设立广夏(银川)实业股份有限公司的批复》（[1993] 外经贸资二函字第 736 号） ...

宁夏西部创业实业股份有限公司 股东会议事规则 第一章 总 则 第一条 为规范宁夏西部创业实业股份有限公司（以下简 称"公司"）行为，维护公司及公司股东的合法权益，保证股东 会依法行使职权，根据《中华人民共和国公司法》（以下简称《公 司法》）、《中华人民共和国证券法》（以下简称《证券法》）、《上 市公司股东会规则》和《宁夏西部创业实业股份有限公司章程》 （以下简称《章程》）等相关规定，制定本规则。 第二条 公司应当严格按照法律、行政法规、本规则及公 司《章程》相关规定召开股东会，保证股东能够依法行使权利。 公司董事会应当切实履行职责，认真、按时组织股东会。 公司全体董事应当勤勉尽责，确保股东会正常召开和依法行使职 权。 第三条 股东会应当在《公司法》和公司《章程》规定的 范围内行使职权。 第四条 股东会分为年度股东会和临时股东会。年度股东 会每年召开一次，应当于上一会计年度结束后的 6 个月内举行。 临时股东会不定期召开，出现《公司法》第一百一十三条规定的 应当召开临时股东会的情形时，临时股东会应当在 2 个月内召开。 — 1 — 公司在上述期限内不能召开股东会的，应当报告中国证监 会宁夏监管局和深圳证券交易所 ...

宁夏西部创业实业股份有限公司 董事会议事规则 第一条 宗旨 为健全和规范宁夏西部创业实业股份有限公司（以下简称 "公司"）董事会议事程序，提高董事会工作效率和科学决策的 水平，保证公司生产经营、管理工作的顺利进行，根据《中华人 民共和国公司法》（以下简称《公司法》）、《中华人民共和国证券 法》（以下简称《证券法》）、《上市公司治理准则》、《上市公司章 程指引》、《深圳证券交易所股票上市规则》（以下简称《上市规 则》）及《宁夏西部创业实业股份有限公司章程》（以下简称《章 程》）等有关规定，结合公司的实际情况，制定本规则。 第二条 董事会的组成 公司设董事会，对股东会负责。 董事会由 11 名董事组成，其中独立董事 4 人。董事会设董 事长 1 人。 第三条 董事会的职权 董事会行使下列职权： （一）召集股东会，并向股东会报告工作； （二）执行股东会的决议； （三）决定公司的经营计划、投资方案和融资计划； （四）决定公司的年度财务预算方案、决算方案； — 1 — （五）制订公司的利润分配方案和弥补亏损方案； （六）制订公司增加或者减少注册资本、发行债券或者其他 证券及上市方案； （七）拟订公司重大收购、收购本公司 ...

Core Insights - The railway and highway sector experienced a decline of 0.59% on November 17, with Chongqing Road and Bridge leading the drop [1] - The Shanghai Composite Index closed at 3972.03, down 0.46%, while the Shenzhen Component Index closed at 13202.0, down 0.11% [1] Sector Performance - Notable gainers in the railway and highway sector included: - Fujian Expressway (600033) with a closing price of 3.95, up 3.13% and a trading volume of 1.0689 million shares, totaling 420 million yuan in transaction value [1] - Fulin Yuantong (002357) closed at 11.10, up 1.46% with a trading volume of 270,200 shares, amounting to 307 million yuan [1] - Hunan Investment (000548) closed at 6.01, up 1.01% with a trading volume of 128,600 shares, totaling 76.9436 million yuan [1] - Major decliners included: - Chongqing Road and Bridge (600106) closed at 6.29, down 2.78% with a trading volume of 284,000 shares [2] - Dongguan Holdings (000828) closed at 11.62, down 2.02% with a trading volume of 90,900 shares [2] - Anhui Expressway (600012) closed at 15.00, down 1.64% with a trading volume of 90,800 shares [2] Capital Flow - The railway and highway sector saw a net outflow of 286 million yuan from major funds, while retail investors contributed a net inflow of 184 million yuan [2]

Core Viewpoint - Western Entrepreneurship, established in 1994, is a leading railway transportation enterprise in Ningxia, with a comprehensive business model covering the entire railway transportation industry chain [1] Group 1: Business Performance - In Q3 2025, Western Entrepreneurship reported revenue of 985 million yuan, ranking 7th in the industry, with the industry leader, Daqin Railway, generating 57.058 billion yuan [2] - The company's net profit for the same period was 295 million yuan, ranking 6th in the industry, with the top performer, Beijing-Shanghai High-Speed Railway, achieving 10.365 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Western Entrepreneurship's debt-to-asset ratio was 8.58%, an increase from 8.20% year-on-year, significantly lower than the industry average of 21.36% [3] - The gross profit margin for Q3 2025 was 18.60%, down from 27.68% year-on-year, but still above the industry average of 16.06% [3] Group 3: Management and Shareholder Information - The salary of General Manager Chen Cunbing increased to 510,000 yuan in 2024, up by 100,000 yuan from 2023 [4] - As of September 30, 2025, the number of A-share shareholders decreased by 3.25% to 37,500, while the average number of circulating A-shares held per account increased by 3.36% to 38,900 [5]

Core Viewpoint - Western Entrepreneurship (000557) reported a significant increase in net profit for the first three quarters, primarily due to non-recurring gains from the bankruptcy liquidation of its subsidiary, Ningxia Dagu Logistics Co., Ltd [1][2] Financial Performance - The company achieved an operating revenue of 985 million yuan and a net profit attributable to shareholders of 295 million yuan, representing a year-on-year increase of 31.46% [1] - Total assets increased to 6.964 billion yuan, up 2.64% from the beginning of the year, while equity attributable to shareholders rose to 6.367 billion yuan, a growth of 4.19% [1] Investment and Projects - The company saw a significant increase of 62.33% in construction in progress, driven by ongoing investments in major projects such as the electrification of the Ningdong Railway and external power projects, indicating a strong commitment to business upgrades and green transformation [1] - Core business segments, including railway transportation and logistics, maintained stable operations, highlighting the company's important position in the regional energy supply chain [1] Strategic Focus - The company plans to continue focusing on its core business, implementing a "railway + logistics" dual-drive strategy, and accelerating key projects like electrification and external power to enhance operational efficiency and service capabilities [2] - With steady growth in regional energy demand and ongoing infrastructure improvements, the company is expected to find new growth opportunities in the integration of green transportation and modern logistics [2]

Core Insights - The company reported a total revenue of 985 million yuan for Q3 2025, with a net profit attributable to shareholders of 295 million yuan, marking an increase of 70.52 million yuan compared to the same period last year, representing a year-on-year growth of 31.46% [1] - The company achieved a net cash inflow from operating activities of 323 million yuan [1] Financial Metrics - The latest debt-to-asset ratio stands at 8.58%, ranking second among disclosed peers, with a decrease of 0.26 percentage points from the previous quarter [3] - The latest gross profit margin is 18.60% [3] - The return on equity (ROE) is 4.63%, an increase of 0.94 percentage points compared to the same period last year [3] - The diluted earnings per share is reported at 0.00 yuan [3] - The total asset turnover ratio is 0.14 times, ranking 10th among disclosed peers [3] - The inventory turnover ratio is 17.60 times, ranking 9th among disclosed peers, with an increase of 0.88 times year-on-year, representing a growth of 5.28% [3] Shareholder Structure - The number of shareholders is 37,500, with the top ten shareholders holding a total of 874 million shares, accounting for 59.95% of the total share capital [3] - The top shareholders include: 1. Ningxia State-owned Capital Operation Group Co., Ltd. - 17.19% 2. State Energy Group Ningxia Coal Industry Co., Ltd. - 17.14% 3. China Cinda Asset Management Co., Ltd. - 13.3% 4. State Power Investment Corporation Ningxia Energy Aluminum Co., Ltd. - 4.87% 5. Huadian International Power Co., Ltd. - 4.87% 6. Hong Kong Central Clearing Limited - 0.69% 7. China Merchants Bank Co., Ltd. - Southern CSI 1000 ETF - 0.55% 8. Ma Xiaoping - 0.44% 9. Zheng Huixia - 0.40% 10. Bang Yiren - 0.40% [3]