Group 1 - The forestry sector experienced a slight increase of 0.04% on September 4, with Yong'an Forestry leading the gains [1] - The Shanghai Composite Index closed at 3765.88, down 1.25%, while the Shenzhen Component Index closed at 12118.7, down 2.83% [1] - The trading volume and turnover for key forestry stocks were as follows: Yong'an Forestry at 83,100 shares and 53.95 million yuan, ST Jinggu at 5,591 shares and 1.20 million yuan, Fujian Jinsen at 131,000 shares and 132 million yuan, and Pingtan Development at 1.28 million shares and 431 million yuan [1] Group 2 - The net capital flow in the forestry sector showed a net outflow of 61.50 million yuan from institutional investors and 23.84 million yuan from speculative investors, while retail investors had a net inflow of 85.34 million yuan [1] - Specific stock capital flows indicated that Fujian Jinsen had a net inflow of 3.75 million yuan from institutional investors, while it faced a net outflow of 9.98 million yuan from speculative investors [2] - Yong'an Forestry saw a significant net outflow of 7.18 million yuan from institutional investors, but a net inflow of 7.67 million yuan from retail investors [2]

Group 1 - The forestry sector experienced a rise of 2.71% on September 2, with Fujian Jinsen leading the gains [1] - The Shanghai Composite Index closed at 3858.13, down 0.45%, while the Shenzhen Component Index closed at 12553.84, down 2.14% [1] - Fujian Jinsen's stock price increased by 10.00% to 10.78, with a trading volume of 154,400 shares and a transaction value of 160 million yuan [1] Group 2 - The net inflow of main funds in the forestry sector was 37.62 million yuan, while retail funds saw a net outflow of 5.36 million yuan [1] - Fujian Jinsen had a main fund net inflow of 54.70 million yuan, accounting for 34.13% of its trading volume, while retail funds had a net outflow of 23.98 million yuan [2] - ST Jinggu's main fund net inflow was 996,600 yuan, representing 6.51%, with retail funds experiencing a net outflow of 151,450 yuan [2]

Core Viewpoint - The forestry sector experienced a rise of 1.68% on September 1, with Pingtan Development leading the gains, while the overall market indices also showed positive movement [1] Group 1: Market Performance - The Shanghai Composite Index closed at 3875.53, up 0.46% [1] - The Shenzhen Component Index closed at 12828.95, up 1.05% [1] Group 2: Individual Stock Performance - Pingtan Development (000592) closed at 3.53, with a gain of 3.22% and a trading volume of 203.53 million shares, totaling a transaction value of 718 million yuan [1] - Fujian Jinsen (002679) closed at 9.80, up 2.19% with a trading volume of 89,400 shares, totaling 88.01 million yuan [1] - Yong'an Forestry (000663) closed at 6.59, up 1.07% with a trading volume of 69,400 shares, totaling 45.81 million yuan [1] - ST Jinggu (600265) closed at 66.0, down 1.92% with a trading volume of 10,200 shares, totaling 21.34 million yuan [1] Group 3: Capital Flow Analysis - The forestry sector saw a net outflow of 43.42 million yuan from institutional investors and 21.01 million yuan from speculative funds, while retail investors had a net inflow of 64.43 million yuan [1] - Individual stock capital flow details indicate that Yong'an Forestry had a net inflow of 2.95 million yuan from institutional investors, while Fujian Jinsen and ST Jinggu experienced net outflows of 2.80 million yuan and 6.04 million yuan respectively [2]

Group 1 - The company has disclosed its 2025 semi-annual report and summary on August 27, 2025, to provide investors with insights into its operational performance and development status [1] - A performance briefing will be held on September 4, 2025, to communicate with investors and gather their opinions and suggestions [1] - The briefing will take place online from 15:30 to 16:30, allowing for interactive text communication [2] Group 2 - Key participants in the briefing include the Chairman, independent directors, and senior management [2] - Investors can submit questions before the briefing and participate in the interactive session on the same day [3] - After the briefing, investors can access the meeting details and main content through designated online platforms [4]

Group 1 - The company, Fujian Yong'an Forestry (Group) Co., Ltd., will hold a half-year performance briefing on September 4, 2025, to communicate with investors and gather their opinions and suggestions [1][2] - The meeting will take place online from 15:30 to 16:30 and will be accessible through the Value Online platform [1][2] - Key participants in the meeting include the Chairman, independent directors, and senior management, with potential adjustments to attendees in case of special circumstances [1] Group 2 - Investors can submit questions before the meeting via a specified URL or QR code and participate in interactive discussions during the event [2] - After the meeting, investors can view the meeting's proceedings and main content through the Shenzhen Stock Exchange's interactive platform and Value Online [2]

本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没 有虚假记载、误导性陈述或者重大遗漏。 福建省永安林业（集团）股份有限公司（以下简称"公司"） 已于 2025 年 8 月 27 日在巨潮资讯网上披露了《2025 年半年度 报告》及《2025 年半年度报告摘要》。为便于广大投资者全面 深入地了解公司经营业绩、发展现状等情况，公司定于 2025 年 9 月 4 日（星期四）通过"价值在线"（www.ir-online.cn）举办公 司 2025 年半年度业绩说明会，与投资者进行沟通和交流，广泛 听取投资者的意见和建议。 一、说明会召开的时间、地点和方式 股票代码：000663 股票简称：永安林业 编号：2025-035 福建省永安林业（集团）股份有限公司 关于举办 2025 年半年度业绩说明会的公告 三、投资者参加方式 投资者可于 2025 年 9 月 4 日（星期四）前通过网址 https:// eseb.cn/1r8uhDJ2WoE 或使用微信扫描下方二维码进行会前提问， 也可于 2025 年 9 月 4 日（星期四）15:30-16:30 通过同一网址和 二维码参与互动交流。公司将通过本次业绩说 ...

Group 1 - The forestry sector experienced a decline of 3.64% on August 28, with Pingtan Development leading the drop [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] - Key stocks in the forestry sector showed varied performance, with ST Jinggu up 0.69% and Pingtan Development down 6.20% [1] Group 2 - The net outflow of main funds in the forestry sector was 29.79 million yuan, while retail investors saw a net inflow of 13.74 million yuan [1] - Detailed fund flow data indicated that ST Jinggu had a main fund net inflow of 1.31 million yuan, while Pingtan Development had a net outflow of 4.10 million yuan [2] - The retail inflow for Fujian Jinsen was significant at 11.19 million yuan, despite a main fund outflow of 14.19 million yuan [2]

Core Viewpoint - Yong'an Forestry (000663) reported a decline in total revenue for the first half of 2025, but an improvement in net profit compared to the previous year, indicating mixed financial performance [1] Financial Performance Summary - Total revenue for the first half of 2025 was 132 million yuan, a decrease of 3.1% year-on-year [1] - Net profit attributable to shareholders was -17.62 million yuan, an increase of 14.18% year-on-year [1] - In Q2 2025, total revenue was 76.99 million yuan, down 2.73% year-on-year, while net profit was 1.30 million yuan, up 111.25% year-on-year [1] - Gross margin increased by 0.83% to 8.03%, while net margin improved by 10.02% to -13.51% [1] - Total operating expenses (selling, administrative, and financial) amounted to 28.40 million yuan, accounting for 21.57% of revenue, a slight increase of 0.17% [1] Key Financial Ratios - Earnings per share (EPS) was -0.05 yuan, an increase of 16.67% year-on-year [1] - Operating cash flow per share was 0.03 yuan, a significant increase of 358.52% year-on-year [1] - Book value per share decreased by 7.02% to 2.99 yuan [1] Asset and Liability Management - Cash and cash equivalents increased by 61.79% to 260 million yuan [1] - Accounts receivable rose by 24.93% to 8.93 million yuan [1] - Interest-bearing debt decreased by 31.35% to 55.88 million yuan [1] Historical Performance Insights - The company's historical return on invested capital (ROIC) has been weak, with a median of 4.84% over the past decade [1] - The worst year recorded was 2018, with a ROIC of -45.76% [1] - The company has reported losses in 7 out of 28 annual reports since its listing, indicating a generally poor financial track record [1] Additional Considerations - Attention is advised regarding the company's accounts receivable situation, as the net profit remains negative [2] - The inventory-to-revenue ratio has reached 143.2%, suggesting potential concerns regarding inventory management [2]

Group 1 - The forestry sector experienced a rise of 2.67% on August 27, with Pingtan Development leading the gains [1] - The Shanghai Composite Index closed at 3800.35, down 1.76%, while the Shenzhen Component Index closed at 12295.07, down 1.43% [1] - Pingtan Development's stock price increased by 9.94% to 3.87, with a trading volume of 1.5455 million shares and a transaction value of 586 million [1] Group 2 - The net inflow of main funds in the forestry sector was 188 million, while retail funds saw a net outflow of 84.0847 million [1] - Individual stock performances showed varied results, with Pingtan Development seeing a significant increase, while ST Jinggu and Fujian Jinsen experienced declines of 3.12% and 3.63% respectively [1][2] - The trading data indicates that ST Jinggu had a trading volume of 16,100 shares and a transaction value of 35.2083 million, while Yong'an Forestry saw a decline of 5.28% with a trading volume of 289,700 shares and a transaction value of 199 million [1][2]

Meeting Information - The first extraordinary general meeting of shareholders for the year 2025 will be held on September 18, 2025, at 15:00 [1] - The meeting will be conducted in a combined format of on-site voting and online voting [1] - The record date for shareholders to attend the meeting is September 15, 2025 [1] Meeting Location and Registration - The meeting will take place at the conference room of Fujian Yong'an Forestry (Group) Co., Ltd., located at 638 Nankeng Road, Yong'an City, Fujian Province [2] - Shareholders must register in person with required documents from September 15 to 16, 2025 [3] Agenda and Voting Procedures - The meeting will review proposals that have been approved by the company's board of directors [2] - Special voting procedures will be implemented for small and medium-sized investors [2] - Shareholders can participate in online voting through the Shenzhen Stock Exchange's trading system and internet voting system [4] Voting Details - The online voting will start at 15:00 on September 18, 2025, and will be available until the end of the meeting [4] - Specific procedures for online voting and identity verification are outlined in the attached documents [4][5]