容诚会计师事务所（特殊普通合伙） 总所：北京市西城区阜成门外大街 22 号 1 幢 10 层 1001-1 至 / 1001-26 (100037) TEL:010-6600 1391 FAX:010-6600 13 92 内部控制审计报告 E-mail:bj@rsmchina.com.cn 容诚审字[2025]110Z0179 号 https//WWW.rsm.global/china/ 葫芦岛锌业股份有限公司全体股东： 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求，我们 审计了葫芦岛锌业股份有限公司（以下简称"锌业股份"）2024 年 12 月 31 日的财 务报告内部控制的有效性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》、《企业内部控制应用指引》、《企业内部控 制评价指引》的规定，建立健全和有效实施内部控制，并评价其有效性是锌业股份 董事会的责任。 二、注册会计师的责任 我们的责任是在实施审计工作的基础上，对财务报告内部控制的有效性发表 审计意见，并对注意到的非财务报告内部控制的重大缺陷进行披露。 1 （此页无正文，为葫芦岛锌业股份有限公司容诚审字[2025]110Z0 ...

容诚会计师事务所(特殊普通合伙) 总所：北京市西城区阜成门外大街 22 号 1 幢 10 层 1001-1 至 / 1001-26 (100037) TEL:010-6600 1391 FAX:010-6600 13 92 关于葫芦岛锌业股份有限公司 非经营性资金占用及其他关联资金往来情况专项说明 容诚专字[2025]110Z0153 号 葫芦岛锌业股份有限公司全体股东： 我们接受委托，依据中国注册会计师审计准则审计了葫芦岛锌业股份有限公 司（以下简称锌业股份）2024 年 12 月 31 日的合并及母公司资产负债表，2024 年 度的合并及母公司利润表、合并及母公司现金流量表和合并及母公司所有者权益 变动表以及财务报表附注，并于 2025 年 4 月 23 日出具了容诚审字[2025]110Z0180 号的无保留意见审计报告。 根据中国证券监督管理委员会《上市公司监管指引第 8 号——上市公司资金 往来、对外担保的监管要求》的要求及深圳证券交易所《深圳证券交易所上市公司 自律监管指南第 1 号——业务办理》的规定，锌业股份管理层编制了后附的葫芦 岛锌业股份有限公司 2024 年度非经营性资金占用及其他关联资 ...

葫芦岛锌业股份有限公司 财务报表附注 葫芦岛锌业股份有限公司 审计报告 容诚审字[2025]110Z0180 号 容诚会计师事务所（特殊普通合伙） 1 葫芦岛锌业股份有限公司 财务报表附注 审 计 报 告 容诚审字[2025]110Z0180 号 葫芦岛锌业股份有限公司全体股东： 一、审计意见 我们审计了葫芦岛锌业股份有限公司（以下简称锌业股份）财务报表，包括 2024 年 12 月 31 日的合并及母公司资产负债表，2024 年度的合并及母公司利润表、合并及母公 司现金流量表、合并及母公司所有者权益变动表以及相关财务报表附注。 我们认为，后附的财务报表在所有重大方面按照企业会计准则的规定编制，公允反 映了锌业股份 2024 年 12 月 31 日的合并及母公司财务状况以及 2024 年度的合并及母公 司经营成果和现金流量。 二、形成审计意见的基础 我们按照中国注册会计师审计准则的规定执行了审计工作。审计报告的"注册会计 师对财务报表审计的责任"部分进一步阐述了我们在这些准则下的责任。按照中国注册 会计师职业道德守则，我们独立于锌业股份，并履行了职业道德方面的其他责任。我们 相信，我们获取的审计证据是充分、适 ...

葫芦岛锌业股份有限公司 2024 年度独立董事述职报告（范宝学） 本人在任职葫芦岛锌业股份有限公司（以下简称"公司"）独立董事期间， 根据《公司法》《证券法》《上市公司治理准则》《上市公司独立董事管理办法》 及《公司章程》等有关规定，忠实勤勉、恪尽职守，独立自主决策，切实维护公 司及全体股东尤其是中小股东的合法权益。 本人因任期届满，于2024年5月15日公司召开2023年年度股东大会选举产生 新任独立董事后正式离任，不再担任公司任何职务。现将本人2024年的履职情况 报告如下： 一、2024年度履职情况 （一）出席股东大会及董事会情况 因本人任期届满，2024年5月15日起不再担任公司独立董事、董事会审计委 员会召集人、提名委员会委员及薪酬与考核委员会委员。2024年本人任职期间， 公司共召开3次董事会，本人均参加了相关会议，无缺席情况，本人对董事会会 议审议的相关议案均投了同意票，未有对董事会议案投反对票、弃权票的情况。 （二）参与董事会专门委员会情况 2024年本人任职期间，担任公司董事会审计委员会召集人、提名委员会委员 及薪酬与考核委员会委员。本人严格按照有关法律、法规及公司《独立董事工作 制度》《审 ...

葫芦岛锌业股份有限公司 2024 年度独立董事述职报告（刘燕） 作为葫芦岛锌业股份有限公司（以下简称"公司"）独立董事，本人在2024 年度严格按照《公司法》《上市公司治理准则》《上市公司独立董事管理办法》 等法律法规、规范性文件以及《公司章程》的规定和要求，忠实、勤勉、独立的 履行职责，积极出席相关会议，认真审议董事会各项议案，充分发挥独立董事及 各专门委员会委员的作用，积极维护公司整体利益及全体股东尤其是中小股东的 合法权益。现就2024年度履职情况报告如下： 一、独立董事年度履职情况 （一）出席董事会及股东大会情况 2024年度，公司共召开10次董事会会议，3次股东大会，上述会议本人均亲 自出席并对董事会各项议案及公司其他事项认真审议后，均投了赞成票，没有提 出异议。 （二）在董事会各专门委员会的履职情况 报告期内，本人担任公司董事会提名委员会召集人和审计委员会委员。本人 严格按照有关法律、法规及公司《独立董事工作制度》《提名委员会议事规则》 《审计委员会议事规则》等规定，积极参与各专门委员会的日常工作，切实履行 有关职责。 报告期内，提名委员会共召开2次会议，审议通过《关于董事会换届选举非 独立董事的 ...

葫芦岛锌业股份有限公司 2024 年度独立董事述职报告（张春林） 本人经葫芦岛锌业股份有限公司（以下简称 "公司"）于2024年5月15日召 开的2023年年度股东大会选举，担任公司独立董事，现同时担任公司董事会审计 委员会召集人、提名委员会委员、薪酬与考核委员会委员。任职期间，本人严格 遵循《公司法》《上市公司独立董事管理办法》《上市公司治理准则》以及《公 司章程》等相关规定，秉持忠实、勤勉、尽责的态度履行独立董事职责。本人积 极主动了解公司生产经营状况，按时出席公司相关会议，充分发挥自身专业特长 与独立判断作用，切实维护了公司及广大股东，特别是中小股东的合法权益。现 将2024年度履行职责情况述职如下： 一、独立董事基本情况 张春林，本科学历，中国注册会计师。历任葫芦岛市财政局会计师事务所注 册会计师副所长，葫芦岛海信会计师事务所有限责任公司主任会计师。现任辽宁 金信会计师事务所有限公司主任会计师、葫芦岛锌业股份有限公司独立董事。 作为公司独立董事，本人未在公司担任除独立董事之外的任何职务，也未在 股东单位任职，亦不存在其他影响本人独立性的情况。本人任职资格符合《上市 公司独立董事管理办法》《公司章程》对 ...

葫芦岛锌业股份有限公司 2024 年度独立董事述职报告（杨文田） 根据《公司法》《证券法》《上市公司治理准则》《上市公司独立董事管理 办法》及《公司章程》等有关规定，本人作为葫芦岛锌业股份有限公司（以下简 称"公司"）的独立董事，在2024年度任职期间，勤勉尽责地履行职责，及时了 解公司各项运营情况，积极参加公司召开的相关会议，认真仔细审阅会议议案及 相关材料，对董事会的相关事项发表独立意见，充分发挥独立董事的作用，切实 维护公司和股东的利益，对公司规范、稳定、健康地发展起到了积极的推动作用。 现将本人2024年度履职情况报告如下： 一、2024年度履职情况 （一）出席股东大会及董事会情况 报告期内，公司共召开董事会 10 次，本人均参加了相关会议，无缺席情况。 2024 年度，公司共召开股东大会 3 次，本人出席股东大会 3 次，认真听取了与 会股东的意见和建议。公司董事会、股东大会的召集召开符合法定程序，重大经 营决策事项均履行了相关审批程序，本人对董事会会议审议的相关议案均投了同 意票。全年出席董事会和股东大会会议及投票情况如下： | | 董事会出席情况 | | | | | | | | | --- | ...

前十大流通股东累计持有： 37427.68万股，累计占流通股比： 26.56%，较上期变化： -544.80万股。 | 名称 | 持有数量(万股) | 占总股本比例(%) | 增减情况(万股) | | --- | --- | --- | --- | | 中冶葫芦岛有色金属集团有限公司 | 33260.20 | 23.59 | 不变 | | 李照先 | 1069.00 | 0.76 | 29.20 | | 刘彦 | 727.09 | 0.52 | 28.80 | | 香港中央结算有限公司 | 577.33 | 0.41 | -94.36 | | 徐忠阳 | 460.06 | 0.33 | 不变 | | 童胜朋 | 299.99 | 0.21 | 新进 | | 易小余 | 297.98 | 0.21 | 新进 | | 郑清涛 | 278.45 | 0.20 | 新进 | | 刘颖莉 | 237.26 | 0.17 | 新进 | | 管兰颖 | 220.32 | 0.16 | 新进 | | 较上个报告期退出前十大股东有 | | | | | 狄文 | 500.01 | 0.35 | 退出 | | 李炎 | 440.0 ...

Financial Performance - The company's revenue for Q1 2025 reached ¥4,078,856,485.02, representing a 24.24% increase compared to ¥3,283,148,518.34 in the same period last year[5] - Net profit attributable to shareholders was ¥28,481,656.61, a significant increase of 1,996.62% from ¥1,358,454.89 in the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥22,479,736.98, up 395.99% from a loss of ¥7,594,641.92 in the same period last year[5] - The company's basic and diluted earnings per share both increased to ¥0.0176, a rise of 2,100.00% from ¥0.0008[5] - The total operating revenue for the current period reached ¥4,078,856,485.02, an increase of 24.2% compared to ¥3,283,148,518.34 in the previous period[20] - The net profit for the current period was ¥28,481,656.61, significantly higher than ¥1,358,454.89 in the previous period, marking an increase of 2,095.5%[21] - The total comprehensive income for the period is 28,481,656.61, compared to 1,358,454.89 in the previous period[22] - Basic and diluted earnings per share are both 0.0176, an increase from 0.0008 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,296,678,457.26, reflecting a 3.59% increase from ¥8,974,816,652.94 at the end of the previous year[5] - The total assets as of March 31, 2025, were ¥9,296,678,457.26, compared to ¥8,974,816,652.94 at the beginning of the period, indicating a growth of 3.6%[18] - The total liabilities increased to ¥5,715,002,189.01 from ¥5,421,622,041.30, representing a rise of 5.4%[18] - The total owner's equity increased to ¥3,581,676,268.25 from ¥3,553,194,611.64, reflecting a growth of 0.8%[18] Cash Flow - The net cash flow from operating activities decreased by 52.36% to ¥110,833,353.09, down from ¥232,662,722.29 in the same period last year[5] - Cash inflow from operating activities is 4,951,235,139.05, up from 3,763,761,571.63 in the previous period, indicating a growth of approximately 31.5%[24] - Cash outflow for purchasing goods and services is 4,664,750,149.84, compared to 2,958,391,358.78 in the previous period, reflecting a significant increase[24] - Cash inflow from financing activities is 1,740,266,880.36, compared to 968,191,837.55 in the previous period, representing an increase of approximately 79.7%[25] - Net cash flow from financing activities is 37,363,300.53, a recovery from a negative cash flow of -133,702,853.21 in the previous period[25] - The ending balance of cash and cash equivalents is 559,096,066.99, down from 624,718,000.43 in the previous period[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 124,575[14] - The largest shareholder, China Metallurgical HuLuDao Nonferrous Metals Group Co., Ltd., holds a 20.59% stake in the company[14] Other Financial Metrics - The company's investment income increased by 1,478.33% compared to the same period last year, primarily due to gains from non-effective hedging projects[12] - Contract liabilities increased by 267.54% compared to the beginning of the period, mainly due to an increase in advance payments received[11] - The total operating costs amounted to ¥4,020,110,321.23, up from ¥3,301,393,119.56, reflecting a growth of 21.7%[20] - Cash and cash equivalents rose to ¥1,799,079,930.32 from ¥1,526,610,426.95, an increase of 17.8%[17] - Inventory levels decreased slightly to ¥3,683,666,140.51 from ¥3,748,899,150.63, a decline of 1.7%[17] - The company's long-term equity investments decreased to ¥508,343.27 from ¥792,010.78, a drop of 35.8%[17] - The company reported a significant reduction in R&D expenses to ¥281,749.22 from ¥2,594,414.52, a decrease of 89.2%[21] Audit Status - The company has not yet audited the first quarter report for 2025[27]

Financial Performance - The company's operating revenue for 2024 was approximately ¥15.60 billion, a decrease of 0.40% compared to ¥15.67 billion in 2023[18]. - The net profit attributable to shareholders for 2024 was ¥21.28 million, down 76.11% from ¥89.11 million in 2023[18]. - The net cash flow from operating activities was negative at ¥527.63 million, representing an 82.85% decline compared to a negative cash flow of ¥288.56 million in 2023[18]. - Basic earnings per share for 2024 were ¥0.01, an 83.33% decrease from ¥0.06 in 2023[18]. - The company reported a significant decline in net profit after deducting non-recurring gains and losses, which was ¥18.68 million in 2024, down 74.54% from ¥73.35 million in 2023[18]. - The weighted average return on equity for 2024 was 0.59%, a decrease of 2.26% from 2.85% in 2023[18]. - The company's total operating costs for 2024 were ¥13,612,601,968.62, a decrease of 3.85% from ¥14,158,048,967.61 in 2023[47]. - The company reported a total investment amount for the reporting period of approximately ¥4.22 billion, a decrease of 10.35% compared to the previous year[62]. Assets and Liabilities - Total assets at the end of 2024 were approximately ¥8.97 billion, an increase of 1.44% from ¥8.85 billion at the end of 2023[18]. - The net assets attributable to shareholders at the end of 2024 were approximately ¥3.55 billion, a decrease of 0.76% from ¥3.58 billion at the end of 2023[18]. - Cash inflow from financing activities increased by 34.67% year-over-year, totaling approximately ¥6.18 billion, primarily due to increased borrowings[56]. - Cash outflow from financing activities also increased by 34.36% year-over-year, amounting to approximately ¥5.58 billion, mainly due to higher debt repayments[57]. - The net increase in cash and cash equivalents for 2024 was approximately -¥105.27 million, a significant decrease of 257.23% year-over-year[58]. - Inventory increased to approximately ¥3.75 billion, representing 41.77% of total assets, up from 38.21% at the beginning of the year[59]. Production and Operations - In 2024, the company's zinc metal product output reached 279,100 tons, accounting for 4.93% of the domestic zinc metal production[34]. - The company produced 26,900 tons of lead metal products in 2024, representing 0.55% of the domestic lead metal production[34]. - The copper metal product output from the company's subsidiary was 85,700 tons, which is 0.77% of the domestic copper metal production[34]. - The company achieved a total product output of 279,100 tons of zinc, 26,900 tons of lead, 85,700 tons of copper, and 581,900 tons of sulfuric acid, with a revenue of CNY 15.604 billion and a net profit attributable to shareholders of CNY 21.2841 million[38]. Market and Demand - The demand for zinc is expected to continue growing, particularly in the real estate, automotive, and infrastructure sectors[28]. - The domestic copper consumption is projected to maintain a growth trend, driven by investments in new infrastructure and renewable energy[29]. - The company is positioned to benefit from the growing demand for high-end materials in emerging markets, supporting its long-term growth strategy[73]. Strategic Initiatives - The company focused on optimizing production structure and enhancing quality management to maintain stable operations amid market challenges, including raw material supply tightness and fluctuating processing fees[38]. - The company implemented a dynamic adjustment strategy for raw material procurement, maintaining high processing fees and reducing costs through flexible purchasing strategies[39]. - The company emphasized technological upgrades and the development of high-value-added products to explore new profit growth points[38]. - The company is committed to optimizing its product structure and developing high-end products to enhance brand competitiveness and market influence[78]. Corporate Governance - The company has established a comprehensive corporate governance structure to protect the rights of shareholders and creditors[134]. - The company has a board of directors consisting of 9 members, including 3 independent directors, ensuring compliance with legal regulations and corporate governance standards[84]. - The management team is focused on maximizing shareholder value and social benefits while continuously improving development quality[85]. - The company strictly adheres to information disclosure regulations, ensuring timely and accurate communication with shareholders through various platforms[85]. Environmental Responsibility - The company paid an environmental protection tax of CNY 1.9527 million in 2024[131]. - The company implemented measures to reduce carbon emissions by eliminating high-energy-consuming equipment and promoting energy-efficient practices[132]. - The company’s wastewater is fully reused after treatment, and all emissions meet national standards for sulfur dioxide and particulate matter[129]. - The company has adhered to multiple environmental protection laws and standards, including the Air Pollution Prevention Law[127]. Shareholder Engagement - The annual shareholder meeting in 2023 had a participation rate of 0.75%, while the first and second extraordinary shareholder meetings in 2024 had participation rates of 0.81% and 1.11%, respectively[89][90]. - The company distributed cash dividends of CNY 0.30 per share, totaling CNY 48,468,917.85, based on a total share capital of 1,615,630,595 shares[178]. - The company has established a three-year dividend plan for 2025-2027 to enhance the return for small and medium investors[115]. Risk Management - The company has implemented a risk monitoring system to continuously assess and report various risks, especially during periods of market volatility[67]. - The company’s risk control measures include strict adherence to hedging plans and separation of trading and accounting responsibilities to minimize operational risks[67]. - The company has committed to avoiding any substantial competition with its subsidiaries and will not engage in similar business activities[140].