Group 1 - The implementation of new dividend regulations has significantly enhanced the dividend awareness among listed companies in Shaanxi, establishing a stable, timely, and predictable normalization of dividend mechanisms [1] - In 2024, nearly 70% of listed companies in Shaanxi overcame substantial declines in net profits, distributing cash dividends totaling 24.3 billion yuan, maintaining a high level of dividend scale [2] - The overall dividend amount accounted for over 70% of the net profit in the region, a substantial increase of 25 percentage points [2] Group 2 - The dividend payout ratio reached 47% after excluding loss-making companies, reflecting a year-on-year increase of 7 percentage points, indicating a continuous rise in dividend levels [2] - Shaanxi Coal's annual dividend exceeded 13 billion yuan, with a payout ratio close to 60%, setting a benchmark in the Northwest region [2] - In 2024, 36 companies in Shaanxi implemented interim dividends, representing 44% of the total, ranking first in the country [2] Group 3 - Companies such as Shaanxi Coal have maintained cash dividends for five consecutive years, while 11 companies have consistently paid dividends for over ten years, establishing a long-term, stable, and sustainable shareholder return mechanism [3] - Companies are actively improving operations to balance development and returns, as seen with Fenghuo Electronics, which implemented cash dividends and share buybacks after turning its retained earnings positive [3] - Overall, Shaanxi listed companies are responding positively to the new dividend regulations, fulfilling their responsibilities and enhancing investor satisfaction [3]

Group 1 - The board of directors of Shaanxi International Trust Co., Ltd. held its 28th meeting on May 23, 2025, with all 10 directors present, complying with relevant laws and regulations [1] - The board appointed Xu Haibao as the vice president and Wang Yaning as the risk director, pending regulatory approval for Wang Yaning [1][2] - The board approved a compliance management framework to enhance the company's legal compliance capabilities [2] Group 2 - The board also approved revisions to the risk classification management method for credit risk-bearing financial assets, clarifying management requirements and review standards [2] - A report on the implementation of expected credit loss-related systems for 2024 was presented and approved by the risk management committee [2]

证券代码：000563 证券简称：陕国投A 公告编号：2025-54 特此公告。 陕西省国际信托股份有限公司 一、业务总监离任情况 1.提前离任的基本情况。陕西省国际信托股份有限公司（以下简称"公司"） 董事会于 2025 年 5 月 28 日收到业务总监徐海宝先生提交的书面辞职报告。因工 作变动原因，徐海宝先生申请辞去业务总监职务，原定任期到期日为公司第十届 董事会届满之日。根据《公司法》和《公司章程》的有关规定，徐海宝先生的辞 职自辞职报告送达董事会时生效。2025 年 5 月 28 日，经公司第十届董事会第二 十八次会议审议，同意聘任徐海宝先生为公司副总裁。任期自董事会审议通过之 日起至第十届董事会任期届满之日止。 2.离任对公司的影响。截至本公告披露日，徐海宝先生未持有公司股票。徐 海宝先生不存在未履行完毕的公开承诺。徐海宝先生已按照相关制度做好工作交 接，并依规接受离任审计。 二、备查文件 1．相关人员的辞职报告； 2．深交所要求的其他文件。 陕西省国际信托股份有限公司 关于业务总监离任暨聘任副总裁的公告 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 ...

证券代码：000563 证券简称：陕国投A 公告编号：2025-55 陕西省国际信托股份有限公司 第十届董事会第二十八次会议决议公告 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 陕西省国际信托股份有限公司（以下简称"公司"）董事会于 2025 年 5 月 23 日以电子邮件方式发出召开第十届董事会第二十八次会议的通知，并于 2025 年 5 月 28 日（星期三）上午 9:00 在公司会议室以现场表决方式如期召开。本次会 议应出席董事 10 名，实际出席会议董事 10 名，全体董事均亲自出席了会议；公 司全体监事、部分高级管理人员等列席了会议。本次会议的召开符合《公司法》 等有关法律、行政法规、部门规章、规范性文件和《公司章程》的规定。 本次会议由公司董事长姚卫东主持，经与会董事认真审议和表决，会议通过 了如下议案并形成决议。 二、董事会会议审议情况 1.审议通过了《关于聘任徐海宝为公司副总裁的议案》。 根据公司总裁提名，经公司董事会提名委员会审核通过，董事会聘任徐海宝 为公司副总裁，任期自董事会审议通过之日起至第十届董事会任期届满 ...

证券代码：000563 证券简称：陕国投A 公告编号：2025-53 陕西省国际信托股份有限公司 2024 年年度分红派息实施公告 1．陕西省国际信托股份有限公司 2024 年度利润分配方案已获 2025 年 4 月 9 日召开的 2024 年度股东大会审议通过，方案的具体内容为：以总股本 5,113,970,358 股为基数，2024 年半年度已按每 10 股派发现金红利 0.10 元（含税）， 三季度已按每 10 股派发现金红利 0.30 元（含税）；以 2024 年末总股本 5,113,970,358 股为基数，本次按每 10 股派发现金红利 0.50 元（含税）；2024 年 度每 10 股累计派发现金红利 0.90 元（含税），现金分红总额 460,257,332.22 元， 占 2024 年度母公司净利润的 33.82%。 上述《2024 年度股东大会决议公告》（2025-46）刊登于 2025 年 4 月 10 日 的《中国证券报》《证券时报》和巨潮资讯网（www.cninfo.com.cn）。 2．自分配方案披露至实施期间公司股本总额未发生变化。自本次现金分红 方案披露日至实施该方案的股权登记 ...

Core Viewpoint - The article highlights the emergence of a notable individual investor, Zhang Sufen, in the A-share market, who has made significant investments in multiple listed companies, positioning herself among the top shareholders of 15 companies as of the first quarter of 2025 [1][2][3]. Group 1: Investment Profile - Zhang Sufen holds substantial shares in various companies, with a total holding of 349.66 million shares across 15 listed companies, making her the second-largest shareholder in Electronic City and the fourth-largest in Shaanxi Guotou A [3][4]. - Her investment strategy appears to focus on low-priced stocks, with most of her holdings priced below 10 yuan, indicating a preference for undervalued assets [7][8]. - The total market value of her holdings exceeds 1.38 billion yuan, with five stocks valued over 100 million yuan each [8]. Group 2: Performance and Strategy - Zhang's investments have shown mixed results, with the highest floating profit being 26.81% from Liugang Co., while the largest loss is 13.62% from Shaanxi Construction [3][4]. - She has demonstrated a long-term investment approach, often increasing her holdings over several quarters, as seen in her continuous accumulation of shares in low-performing stocks like New Star Foundry [6][7]. - Despite her success, she has also faced significant losses, such as a 30% loss in Yibai Pharmaceutical, highlighting the risks associated with her investment choices [8][9]. Group 3: Market Impact and Perception - Zhang Sufen's investment activities have drawn attention in the market, with speculation about her potential connections to larger investment networks, suggesting that her strategies may not be typical of individual investors [7][8]. - Her approach to investing, characterized by a focus on low-priced stocks and a willingness to endure volatility, positions her as a unique figure in the A-share market, comparable to institutional investors [6][7].

证券代码：000563 证券简称：陕国投A 公告编号：2025-52 陕西省国际信托股份有限公司 关于 2025 年度向特定对象发行 A 股股票事项 获得陕西省财政厅批复的公告 特此公告。 陕西省国际信托股份有限公司 董 事 会 2025 年 5 月 26 日 1 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。 2025 年 2 月 28 日，陕西省国际信托股份有限公司（以下简称"公司"）分 别召开第十届董事会第二十四次会议和第九届监事会第四十六次会议，审议通过 了《关于公司 2025 年度向特定对象发行 A 股股票方案的议案》等相关议案，该 等议案已于 2025 年 3 月 20 日经公司 2025 年第一次临时股东大会审议通过。具 体内容详见公司分别于 2025 年 3 月 3 日、2025 年 3 月 21 日在巨潮资讯网 （www.cninfo.com.cn）披露的相关公告。 近日，公司收到陕西省财政厅《关于同意陕西省国际信托股份有限公司向特 定对象发行 A 股股票的批复》（陕财办国金〔2025〕18 号），同意公司本次向特 定对象发行 A 股股票事项 ...

Group 1: Company Strategy and Financial Management - The company aims to build a modern financial system centered around trust, integrating various financial licenses including banking, insurance, and securities, to create a comprehensive financial service platform [1] - The net capital/net asset ratio for 2024 is projected to decline to 85%, nearing regulatory limits, but remains compliant with the 40% requirement [2] - The company plans to maintain a stable dividend policy, ensuring predictable returns for shareholders, with a cumulative dividend payout ratio of 33.82% for 2024 [7] Group 2: Business Performance and Growth - The scale of standard trust business is expected to grow by 28% in 2024, with revenue growth at 12%, indicating potential downward pressure on product fees [2] - The total trust asset scale is projected to increase by 10% in 2024, with actively managed trust assets accounting for approximately 73.4% of total trust assets [3] - The company aims to enhance its asset management capabilities and diversify its product offerings, targeting a product scale of 2.7 trillion yuan by 2025 [4] Group 3: Market Communication and Investor Relations - The company emphasizes the importance of market communication, planning regular announcements, performance briefings, and roadshows to keep investors informed [5] - As of May 9, 2025, the total number of shareholders is reported to be 110,804 [6] - The company is committed to protecting the interests of all shareholders, particularly minority shareholders, by optimizing resource allocation and enhancing long-term value [7] Group 4: Risk Management and Compliance - The company is focused on strengthening its risk management framework to address various risks, including credit, market, operational, and liquidity risks [7] - The company is in the process of completing necessary approvals for a targeted stock issuance, which includes obtaining approvals from the provincial finance department and the national financial supervision authority [8]

Core Viewpoint - The trust industry is experiencing significant pressure on profitability, with a notable decline in revenue and profit margins, indicating a period of transformation and adjustment within the sector [1][2][3]. Financial Performance - In 2024, the total revenue of 57 disclosed trust companies fell to 632.41 billion yuan, a decrease of approximately 125 billion yuan or 16.49% compared to the previous year [2][3]. - The total profit for the industry dropped nearly 30% to 315.54 billion yuan, with net profit at 257.58 billion yuan, reflecting a decline of 25.76% year-on-year [2][3]. - The average revenue per trust company was 11.09 billion yuan, down over 2 billion yuan from 2023, with only 25 companies reporting positive revenue growth [3][4]. Industry Segmentation - The industry is witnessing a "Matthew Effect," where the gap between leading and lagging companies is widening, with some companies experiencing significant revenue declines [4][5]. - Notably, Jilin Trust reported an extraordinary revenue increase of 88 times, primarily due to substantial investment gains [3][4]. - Conversely, companies like Wukuang Trust saw their revenue drop significantly, falling from the top ten to the bottom ranks due to losses in net interest income and investment returns [4][5]. Business Structure and Transformation - Trust business revenue totaled approximately 444 billion yuan, down about 7%, while proprietary business revenue fell nearly 33% to less than 188 billion yuan [9][13]. - The decline in both trust and proprietary business revenues indicates challenges in the traditional business model, with many companies facing a "gap" in returns due to the contraction of high-yield non-standard businesses [9][13]. - The industry is undergoing a transformation, with a focus on asset service trusts and family trusts, as companies seek to adapt to regulatory changes and market demands [15][16]. Risk Management and Asset Scale - The total trust asset scale surpassed 27 trillion yuan, reflecting a year-on-year growth of 26.64%, although 11 companies experienced a reduction in asset scale [14]. - The top 20 trust companies hold nearly 74% of the total industry assets, indicating challenges for smaller institutions in expanding their business [14]. - Companies are actively working on risk resolution, particularly in the real estate and urban investment sectors, with varying degrees of success in managing existing risks [15][16].

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。 为促进上市公司规范运作、健康发展，增强上市公司信息透明度，加强与广 大投资者沟通交流，进一步提升投资者关系管理水平，陕西上市公司协会在中国 证券监督管理委员会陕西监管局指导下，联合深圳市全景网络有限公司举办 "2025 年陕西辖区上市公司投资者集体接待日暨 2024 年度业绩说明会"。 证券代码：000563 证券简称：陕国投 A 公告编号：2025-51 陕西省国际信托股份有限公司 关于参加"2025 年陕西辖区上市公司投资者集体接待日 暨 2024 年度业绩说明会"的公告 为充分尊重投资者、提升公司与投资者之间的交流效率及针对性，公司现就 "2025 年陕西辖区上市公司投资者集体接待日暨 2024 年度业绩说明会"提前向 投资者公开征集问题，广泛听取投资者的意见和建议。欢迎广大投资者于 2025 年 5 月 19 日（星期一）18:00 前访问 https://ir.p5w.net/zj/或扫描下方二维码，进 入"业绩说明会问题征集专题"页面进行提问。公司将在信息披露允许范围内， 通过本次活动对投资者关注的问 ...