中兴—沈阳商业大厦（集团）股份有限公司 证券投资管理制度 （2025 年 10 月 23 日，经第九届董事会第三次会议修订生效） 第一章 总则 第一条 为规范中兴—沈阳商业大厦（集团）股份有限 公司（以下简称"公司"）证券投资行为，建立完善有序的 投资决策管理机制，有效防范投资风险，强化风险控制，保 证公司资金安全，维护投资者和公司合法权益，根据《中华 人民共和国公司法》《中华人民共和国证券法》《深圳证券 交易所股票上市规则》（以下简称"《股票上市规则》"） 《深圳证券交易所上市公司自律监管指引第 1 号—主板上市 公司规范运作》《深圳证券交易所上市公司自律监管指引第 7 号—交易与关联交易》等相关法律法规、规范性文件，以 及《公司章程》等有关规定，制定本制度。 第二条 本制度所称证券投资，包括新股配售或者申 购、证券回购、股票及存托凭证投资、债券投资以及深圳证 券交易所认定的其他投资行为。 （二）固定收益类或者承诺保本的投资行为； （三）参与其他上市公司的配股或者行使优先认购权 利； （四）购买其他上市公司股份超过总股本的 10%，且拟 1 持有三年以上的证券投资； （五）公司首次公开发行股票并上市前已进行 ...

（2025 年 10 月 23 日，经第九届董事会第三次会议修订生效） 中兴—沈阳商业大厦（集团）股份有限公司 总裁工作细则 第一章 总则 第一条 按照建立现代企业制度的要求，为进一步完善 公司治理结构，充分发挥总裁的职责，提高公司运作效率， 保障股东合法权益，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》等法律法规及《公 司章程》的有关规定，特制定本细则。 第二章 总裁的任职资格与任免程序 第二条 公司设总裁 1 名，由董事会聘任或解聘。 第三条 总裁每届任期 3 年，可以连聘连任。 第四条 总裁可以在任期届满以前提出辞职，有关辞职 的具体程序和办法由总裁与公司之间的劳动合同规定。 第五条 公司设副总裁若干名，由总裁提名，董事会聘 任或解聘。副总裁对总裁负责，协助总裁工作。 第六条 《公司法》第 178 条规定的情形以及被中国证 监会确定为市场禁入者且禁入尚未解除的人员，不得担任公 司总裁、副总裁及其他高级管理人员。 第七条 总裁必须遵守国家法律法规和《公司章程》的 规定，履行诚信和勤勉义务。 第三章 总裁的职权 1 第八条 ...

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 中兴—沈阳商业大厦（集团）股份有限公司 第九届董事会第三次会议决议公告 中兴—沈阳商业大厦（集团）股份有限公司（以下简称"公司"） 第九届董事会第三次会议通知于 2025 年 10 月 17 日以书面及电子邮 件方式发出，会议于 2025 年 10 月 23 日以通讯方式召开。会议应参 会董事 9 名，实际参加会议董事 9 名，符合《公司法》和《公司章程》 的有关规定，合法有效。 二、董事会会议审议情况 与会董事逐项审议并表决了如下议案： 1.《2025 年第三季度报告》 会议以 9 票同意、0 票反对、0 票弃权的表决结果，审议并通过 了此项议案。 证券简称：中兴商业 证券代码：000715 公告编号：ZXSY2025-48 会议以 9 票同意、0 票反对、0 票弃权的表决结果，审议并通过 了此项议案。 《董事会秘书工作制度》刊登在 2025 年 10 月 25 日的巨潮资讯 网（http://www.cninfo.com.cn）。 4.《关于修订〈对外投资管理制度〉的议案》 会议以 9 ...

Financial Performance - The company's operating revenue for the third quarter was CNY 159.52 million, a decrease of 1.93% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 19.58 million, representing a 20.75% increase year-on-year[5]. - The basic earnings per share increased by 33.33% to CNY 0.04 compared to the previous year[5]. - Total operating revenue for the current period is ¥561,995,021.45, a decrease of 0.63% from ¥566,352,460.98 in the previous period[22]. - Net profit for the current period is ¥68,575,304.49, an increase of 23.9% compared to ¥55,317,654.83 in the previous period[24]. - Earnings per share increased to ¥0.13 from ¥0.10, reflecting a 30% growth[24]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2.70 billion, an increase of 1.40% from the end of the previous year[7]. - Total current assets increased to CNY 1,031,403,702.01 from CNY 971,887,869.33, reflecting a growth of approximately 6.5%[19]. - Total non-current assets decreased to CNY 1,665,060,872.20 from CNY 1,687,274,013.74, indicating a decline of about 1.3%[19]. - Total liabilities increased slightly to ¥730,683,654.21 from ¥729,811,853.90, indicating a stable financial position[21]. - Short-term borrowings rose to CNY 35,813,509.22 from CNY 31,530,582.70, an increase of about 13.5%[19]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 19,839[14]. - The largest shareholder, Liaoning Fangda Group, holds 15.34% of shares, amounting to 82,877,040 shares, with 65,887,246 shares pledged[14]. - The registered capital increased from CNY 415,718,940 to CNY 540,434,622 following the profit distribution and capital reserve conversion plan[17]. - The company has a total of 4,258,710 shares held by China Construction Bank, indicating diversified institutional investment[15]. Cash Flow - Cash flow from operating activities showed a slight decrease of 0.22% year-to-date[5]. - Cash flow from operating activities generated a net amount of ¥97,745,670.72, slightly down from ¥97,958,783.05 in the previous period[24]. - The cash inflow from operating activities totaled ¥2,140,988,276.63, a slight increase from ¥2,130,423,478.94[24]. - The net cash flow from investing activities was -$95,912,088.51, compared to -$698,939,888.81 in the previous period[25]. - Cash inflow from financing activities totaled $50,574,368.72, while cash outflow was $88,997,253.12, resulting in a net cash flow of -$38,422,884.40[25]. - The ending balance of cash and cash equivalents was $332,703,994.79, down from $803,377,759.81 at the beginning of the period[25]. Investment and Income - The company reported a significant increase of 490.80% in trading financial assets due to the purchase of wealth management products[11]. - Investment income for the year-to-date decreased by 81.21% compared to the same period last year[12]. - The company recorded a 2,650.29% increase in asset disposal income year-to-date, attributed to reduced leasing projects[12]. - The company reported a significant increase in investment income, with a total of ¥883,269.06 compared to ¥4,700,655.22 in the previous period[23]. Governance and Compliance - The company has no plans to establish a supervisory board, with its functions transferred to the audit committee of the board of directors[16]. - The company did not receive an audit for the third quarter financial report[26]. - The company plans to implement new accounting standards starting in 2025[27].

Core Insights - ZTE Commercial (000715) stated on October 22 that as of October 20, 2025, the number of shareholders is approximately 20,000 [1] Company Summary - The company has engaged with investors through an interactive platform, providing updates on shareholder numbers [1]

证券日报网讯中兴商业（000715）10月17日在互动平台回答投资者提问时表示，截至2025年10月10日公 司的股东数约为2万户。 ...

Core Viewpoint - Zhongxing Commercial (000715.SZ) has been awarded the "A-share Investor Relations Demonstration Case" for its solid performance in investor relations management, reflecting recognition from the capital market and institutional investors [1][3] Group 1: Company Performance - The company adheres to a value investment philosophy, focusing on enhancing its internal value and continuously innovating its business model, resulting in impressive performance [3] - Zhongxing Commercial has maintained a stable image in the capital market, characterized by stable performance, high asset quality, and compliant operations [3] Group 2: Investor Relations Management - The company places high importance on investor relations management, investing significantly in various communication methods such as information disclosure, roadshows, investor site visits, and earnings briefings to convey its value to the market [3] - Zhongxing Commercial has implemented 23 cash dividend distributions since its listing, with a total dividend amount of 498 million yuan, and plans to distribute 41.4% of its net profit attributable to shareholders as cash dividends in 2024, alongside a stock bonus plan [3] Group 3: Future Outlook - The company aims to continue focusing on its core business and innovation for high-quality development while enhancing investor relations management for transparent and efficient communication with the capital market [3] - Zhongxing Commercial is committed to increasing investor returns and strengthening its value delivery capabilities to create long-term, stable value for shareholders and society [3]

Core Insights - The retail industry in Liaoning Province is experiencing significant growth and innovation, with a retail sales total of 419.13 billion yuan in the first five months of the year, marking a 6.4% year-on-year increase, outpacing the national average for 27 consecutive months [1] Group 1: Policy Initiatives - Liaoning has introduced various financial incentives for retail businesses, including a one-time reward of 100,000 yuan for retail enterprises with sales exceeding 5 million yuan and monthly rewards for those with retail growth above 8% [2] - The province's policies aim to enhance the retail sector through a combination of financial support and infrastructure improvements, including the renovation of pedestrian streets and participation in international trade expos [2] Group 2: Retail Development and Innovation - Liaoning has established a total of 1 national demonstration pedestrian street, 1 pilot pedestrian street, 27 provincial demonstration pedestrian streets, and 30 night economy demonstration districts, showcasing a robust retail environment [3] - The province has created a supportive ecosystem for retail innovation, including the introduction of a "buy and refund" tax refund service for international tourists, enhancing the shopping experience [3] Group 3: First Store Economy - The province is actively promoting the "first store economy," with initiatives to attract well-known brands to open their first stores in Liaoning, resulting in 32 new regional first stores in 2024 [4] - Digital transformation is a key focus, with efforts to integrate traditional retail with digital technologies, enhancing customer service and operational efficiency [4] Group 4: Consumer Engagement and Data Utilization - Liaoning's retail sector is shifting from a product-centric approach to a service-oriented model, utilizing data analytics for inventory management and customer engagement [4] - The establishment of a provincial retail industry contact mechanism aims to support large retail enterprises in overcoming operational challenges [4] Group 5: Future Outlook - The province plans to continue enhancing its policy framework and brand visibility to position Liaoning as a desirable consumer destination, contributing to the national trade and circulation sector [5]

Core Viewpoint - The company has achieved steady growth in its operating performance in the first half of the year through innovative marketing strategies and diversified development, with a focus on enhancing customer acquisition and maintaining a positive business trajectory. Group 1: Marketing and Innovation - The company has intensified its innovative efforts in marketing, customer flow expansion, and service upgrades, successfully implementing a differentiated development strategy [1][2] - During the recent Qixi Festival, the company organized unique events such as "Music Party" and "Cute Pets Arrival," which received widespread consumer acclaim [1] - The company launched 10 promotional activities in the first half of the year, achieving breakthroughs in both operational performance and scenario innovation [1] Group 2: Membership and Customer Engagement - The company has refined its membership management by implementing initiatives like the "Ticket Bright Project," which reimburses travel expenses for out-of-town members, effectively increasing external member numbers [2] - The company utilizes CRM systems and big data analysis for precise marketing, enhancing customer loyalty and conversion rates through improved service management [2] Group 3: Supply and Product Strategy - The company is focusing on enhancing product offerings and has successfully attracted several first-store openings, including notable brands, thereby enriching the shopping experience [3][5] - The company emphasizes the importance of brand partnerships and has established mutually beneficial relationships with various suppliers and brand merchants to expand its competitive advantage [4] Group 4: Performance and Future Outlook - The company reported a 25.08% year-on-year increase in net profit attributable to shareholders in the first half of the year, indicating robust growth [5] - The company plans to leverage its comprehensive competitive advantages and enhance marketing capabilities during upcoming festive periods to further boost performance [5]

Core Viewpoint - Zhongxing Commercial has achieved steady growth in operating performance in the first half of the year through continuous innovation in marketing strategies, member management, and service upgrades, while planning to further enhance its customer acquisition capabilities and maintain a positive operational trend [1][7]. Group 1: Marketing and Innovation - The company has successfully implemented various innovative marketing activities, such as "music parties" and "pet events," during traditional festivals, which have received positive consumer feedback [2]. - In the first half of the year, Zhongxing Commercial launched 10 promotional activities, achieving breakthroughs in both operational performance and scenario innovation [2]. - The company utilizes its advantages in product variety and brand diversity to conduct precise marketing and effectively attract customer traffic [2]. Group 2: Supply Chain and Product Strategy - Zhongxing Commercial is focusing on enhancing its product offerings and service quality to adapt to the evolving retail landscape, which includes the rise of online shopping and diverse consumer demands [4]. - The company is actively upgrading its traditional retail model by improving product strength and enhancing customer experience [4][5]. - By collaborating with major brands to explore the potential of first-store economies, Zhongxing Commercial has successfully attracted flagship and concept stores, enhancing its competitive edge [5]. Group 3: Performance and Future Outlook - In the first half of the year, Zhongxing Commercial's net profit attributable to the parent company increased by 25.08% year-on-year, indicating a robust growth trend [7]. - The company plans to leverage its comprehensive competitive advantages to enhance marketing capabilities during upcoming festivals, aiming to strengthen consumer recognition and foster new competitive advantages [7]. - Zhongxing Commercial is committed to exploring new business models and consumer scenarios to further deepen partnerships with suppliers and brands, thereby expanding its differentiated competitive advantages [5][6].