一、监事会会议召开情况 江西万年青水泥股份有限公司（以下简称"公司"）第十届监事会第七次临时会议 通知于 2025 年 10 月 23 日以电子邮件或公司网上办公系统发出，会议于 2025 年 10 月 28 日以通讯方式召开。 会议应出席监事 5 名，实际出席监事 5 名，本次会议的召开符合有关法律、法规、 规则及《公司章程》的有关规定。 二、监事会会议审议情况 本次会议审议通过了以下议案： （一）审议通过了《关于取消公司监事会的议案》 | 证券代码：000789 | 证券简称：万年青 | 公告编号：2025-82 | | --- | --- | --- | | 债券代码：127017 | 债券简称：万青转债 | | | 债券代码：524330 | 债券简称：25 江泥 01 | | 江西万年青水泥股份有限公司 第十届监事会第七次临时会议决议公告 本公司及监事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 （三）审议通过了《关于修订公司章程的议案》 根据《中华人民共和国公司法》《上市公司章程指引》《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》 ...

一、董事会会议召开情况 | 证券代码：000789 | 证券简称：万年青 公告编号：2025-73 | | --- | --- | | 债券代码：127017 | 债券简称：万青转债 | | 债券代码：524330 | 债券简称：25 江泥 01 | 江西万年青水泥股份有限公司 第十届董事会第十次临时会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 江西万年青水泥股份有限公司（以下简称"公司"）第十届董事会第十次临时会议 通知于 2025 年 10 月 23 日以电子邮件或公司网上办公系统发出，会议于 2025 年 10 月 28 日以通讯方式召开。 会议应出席董事 8 名，实际出席董事 8 名，全体监事和部分高管列席了本次会议。 本次会议的召开符合有关法律、法规、规则及《公司章程》的有关规定。 二、董事会会议审议情况 本次会议审议通过了以下议案： （一）审议通过了《关于修订公司章程的议案》 根据《中华人民共和国公司法》《上市公司章程指引》《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》等最新法律法规、规范性文件的要 求， ...

格隆汇10月29日丨万年青(000789.SZ)发布公告，2025年前三季度，实现营业收入33.28亿元，同比减少 17.18%；归属于上市公司股东的净利润748.55万元，同比增加7.27%；归属于上市公司股东的扣除非经 常性损益的净利润-3868.60万元，基本每股收益0.0097元。 ...

每经头条（nbdtoutiao）——A股突破4000点！十年沉寂终迎爆发，科技主线重塑市场，"慢牛"新格局开 启！ （记者 张明双） 每经AI快讯，万年青（SZ 000789，收盘价：6.03元）10月29日晚间发布三季度业绩公告称，2025年前 三季度营收约33.28亿元，同比减少17.18%；归属于上市公司股东的净利润约749万元，同比增加 7.27%。 截至发稿，万年青市值为48亿元。 ...

Financial Performance - The company's revenue for the third quarter was CNY 1,116,354,526.96, a decrease of 21.93% compared to the same period last year[5] - The net profit attributable to shareholders was CNY -33,285,267.05, representing a decline of 708.62% year-on-year[5] - The basic earnings per share were CNY -0.0428, down 724.16% from the previous year[5] - Total operating revenue for the current period is ¥3,327,706,983.75, a decrease of 17.2% from ¥4,018,003,129.15 in the previous period[18] - Net profit for the current period is ¥17,089,469.57, a decrease of 10.2% compared to ¥19,035,584.46 in the previous period[19] - The net profit attributable to the parent company's shareholders is ¥7,485,498.23, an increase of 7.3% from ¥6,978,139.99 in the previous period[19] - Basic earnings per share for the current period is ¥0.0097, compared to ¥0.0088 in the previous period[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 15,799,383,066.65, a decrease of 4.43% from the end of the previous year[5] - Total assets decreased to ¥15,799,383,066.65 from ¥16,532,535,480.70, reflecting a decline of 4.4%[17] - Total liabilities decreased to ¥5,856,496,720.29 from ¥6,274,787,075.09, a reduction of 6.7%[17] - Total equity attributable to the parent company is ¥6,590,391,665.73, down 4.4% from ¥6,893,856,333.62[17] Cash Flow - The company reported a cash flow from operating activities of CNY 415,593,509.22, an increase of 20.81% year-to-date[5] - Operating cash flow for the current period is ¥415,593,509.22, an increase of 20.8% compared to ¥344,010,890.91 in the previous period[20] - Total cash inflow from investment activities is ¥1,084,776,980.57, significantly higher than ¥71,286,676.03 in the previous period[20] - Net cash flow from investment activities is ¥86,767,088.87, recovering from a negative cash flow of -¥1,138,545,627.57 in the previous period[20] - Cash inflow from financing activities totals ¥1,266,998,841.04, up from ¥607,818,000.00 in the previous period[21] - Net cash flow from financing activities is -¥332,740,101.02, worsening from -¥226,094,822.60 in the previous period[21] - The ending balance of cash and cash equivalents is ¥2,848,439,098.75, an increase from ¥2,284,176,019.74 in the previous period[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 46,758[11] - The company held a total of 38,467,823 shares in its repurchase account, accounting for 4.82% of the total share capital[12] - The top shareholder, Jiangxi Cement Co., Ltd., holds a 44.44% stake with 354,385,404 shares[12] - The company has no preferred shareholders or significant changes in shareholder structure reported[13] Operational Metrics - The company experienced a 30.29% decrease in accounts receivable financing, primarily due to a reduction in accepted bills during the period[9] - The construction in progress increased by 182.93% to CNY 47,363,110.35, reflecting progress in ongoing projects[9] - The company recorded a 91.85% increase in asset disposal gains, amounting to CNY 43,239,189.52, due to increased gains from subsidiary relocations[9] - Research and development expenses increased to ¥65,548,895.46, up 13.0% from ¥57,790,470.15 in the previous period[18] Inventory and Receivables - Total current assets of ¥7,180,485,895.79 as of September 30, 2025, a decrease from ¥7,361,670,254.97 at the beginning of the period, reflecting a decline of approximately 2.45%[15] - Accounts receivable decreased to ¥1,479,067,460.33 from ¥1,653,716,825.83, indicating a reduction of approximately 10.51%[15] - Inventory levels slightly increased to ¥462,604,340.91 from ¥457,484,812.00, showing a rise of about 1.46%[15] - The company's fixed assets decreased to ¥6,060,418,321.18 from ¥6,539,640,242.46, a decline of approximately 7.33%[15] - Long-term equity investments remained stable at ¥23,428,318.12 compared to ¥23,427,614.92 at the beginning of the period[15] Strategic Developments - There are no significant new strategies or product developments mentioned in the conference call[14]

Group 1 - The cement sector experienced a 1.7% increase on October 27, with Fujian Cement leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] - Fujian Cement's stock price rose by 10.07% to 6.45, with a trading volume of 315,200 shares and a transaction value of 195 million yuan [1] Group 2 - The cement sector saw a net inflow of 87.39 million yuan from institutional investors, while retail investors experienced a net outflow of 47.38 million yuan [2] - Major stocks in the cement sector showed varied performance, with Conch Cement seeing a net inflow of 66.07 million yuan from institutional investors [3] - The trading volume for major cement stocks included Huaxin Cement at 437,300 shares and a closing price of 22.29, reflecting a 7.89% increase [1][3]

Group 1 - The core transaction involved 2.8 million shares of Yue Wannianqing, with a total transaction value of 40.404 million yuan, accounting for 37.98% of the total trading volume on that day [1][2] - The transaction price was 14.43 yuan per share, which represents a discount of 16.4% compared to the market closing price of 17.26 yuan [1][2]

Market Overview - The cement sector increased by 0.68% on October 21, with Qingsong Jianhua leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Individual Stock Performance - Qingsong Jianhua (600425) closed at 4.89, up 4.26% with a trading volume of 1.0134 million shares and a transaction value of 493 million [1] - Other notable performers include: - Meiao Zhonghui (601992) at 1.79, up 3.47% [1] - Sifang New Materials (605122) at 13.65, up 2.40% [1] - Sanhe Yingshao (003037) at 8.18, up 2.25% [1] - Huazhong Construction (002302) at 7.11, up 2.01% [1] Fund Flow Analysis - The cement sector saw a net inflow of 27.126 million in main funds, while retail funds experienced a net outflow of 69.5445 million [2] - Retail investors contributed a net inflow of 42.4185 million [2] Major Fund Flows by Company - Conch Cement (600585) had a main fund net inflow of 39.9722 million, but retail funds saw a net outflow of 39.5986 million [3] - Qingsong Jianhua (600425) experienced a main fund net inflow of 32.3374 million, with retail funds also seeing a net outflow of 28.9664 million [3] - Tianshan Shares (000877) had a main fund net inflow of 12.2423 million, with retail funds showing a net inflow of 1.03418 million [3]

Market Overview - The cement sector increased by 0.24% on October 20, with Hanjian Heshan leading the gains [1] - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index closed at 12813.21, up 0.98% [1] Individual Stock Performance - Hanjian Heshan (603616) closed at 5.30, up 2.51% with a trading volume of 105,700 shares and a turnover of 55.47 million yuan [1] - Fujian Cement (600802) closed at 5.75, up 1.77% with a trading volume of 187,500 shares and a turnover of 108 million yuan [1] - Other notable performers include Sanhe Yingshao (003037) at 8.00 (+1.65%), Longquan Co. (002671) at 5.09 (+1.19%), and Xibu Construction (002302) at 6.97 (+1.16%) [1] Capital Flow Analysis - The cement sector experienced a net outflow of 121 million yuan from institutional investors, while retail investors saw a net inflow of 102 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors are actively buying [2] Detailed Capital Flow for Selected Stocks - Conch Cement (600585) had a net inflow of 18.35 million yuan from institutional investors, but a net outflow of 5.47 million yuan from retail investors [3] - Jinyu Group (000401) saw a significant net inflow of 10.42 million yuan from institutional investors, while retail investors had a net outflow of 13.28 million yuan [3] - Qing Song Jianhua (600425) reported a net inflow of 8.90 million yuan from institutional investors, with retail investors also experiencing a net outflow of 12.95 million yuan [3]

Group 1 - The cement sector experienced a decline of 2.52% on October 16, with Tibet Tianlu leading the drop [1] - The Shanghai Composite Index closed at 3916.23, up 0.1%, while the Shenzhen Component Index closed at 13086.41, down 0.25% [1] - Individual stock performance in the cement sector varied, with notable movements including Huanzi House rising by 1.78% and other companies like Jinyu Modong and Ningxia Building Materials declining by 0.59% and 0.74% respectively [1] Group 2 - The cement sector saw a net outflow of 710 million yuan from main funds, while retail investors contributed a net inflow of 663 million yuan [2] - Specific stock fund flows indicated that Hainan Ruize had a main fund net inflow of 20.83 million yuan, while companies like Ningxia Building Materials and Jianfeng Group experienced minor inflows and outflows [2] - The overall trend showed that retail investors were more active in the cement sector, with significant net inflows despite the main funds pulling back [2]