Core Viewpoint - The stock price of Wannei Green has experienced a decline recently, with a year-to-date increase of 14.86% but a notable drop in the last five, twenty, and sixty trading days [2] Company Overview - Wannei Green Cement Co., Ltd. is located in Nanchang, Jiangxi Province, and was established on September 5, 1997, with its stock listed on September 23, 1997 [2] - The company's main business includes the production and sales of cement, clinker, commercial concrete, aggregates, and new wall materials [2] - The revenue composition is as follows: Cement 68.35%, Concrete 22.71%, Aggregates 5.43%, Others 2.25%, Trade 1.17%, Clinker 0.09% [2] - The company belongs to the building materials industry, specifically cement manufacturing, and is associated with concepts such as venture capital, margin trading, and undervalued stocks [2] Financial Performance - For the period from January to September 2025, Wannei Green achieved a revenue of 3.328 billion yuan, a year-on-year decrease of 17.18%, while the net profit attributable to shareholders was 7.4855 million yuan, an increase of 7.27% [2] - As of September 30, 2025, the number of shareholders increased by 12.80% to 46,800, with an average of 17,053 circulating shares per person, a decrease of 11.35% [2] Stock Performance - On November 21, the stock price fell by 2.10% to 5.59 yuan per share, with a trading volume of 10.2634 million yuan and a turnover rate of 0.23%, resulting in a total market capitalization of 4.458 billion yuan [1] - The net outflow of main funds was 223,000 yuan, with large orders buying 203,200 yuan (1.98%) and selling 426,200 yuan (4.15%) [1] Dividend Information - Since its A-share listing, Wannei Green has distributed a total of 3.584 billion yuan in dividends, with 393 million yuan distributed over the past three years [3] Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited was the seventh-largest circulating shareholder, holding 3.1469 million shares, a decrease of 118,000 shares compared to the previous period [3]

Core Viewpoint - The stock price of Wannei Green has experienced fluctuations, with a current decline of 2.08% and a total market capitalization of 4.505 billion yuan. The company has seen a net outflow of funds, indicating potential investor concerns [1]. Group 1: Stock Performance - Wannei Green's stock price has increased by 16.09% year-to-date, but has declined by 3.09% over the last five trading days, 6.61% over the last 20 days, and 6.77% over the last 60 days [2]. - As of November 19, the stock is trading at 5.65 yuan per share, with a trading volume of 24.0055 million yuan and a turnover rate of 0.53% [1]. Group 2: Company Overview - Wannei Green, established on September 5, 1997, and listed on September 23, 1997, is located in Nanchang, Jiangxi Province. The company specializes in the production and sale of cement, clinker, commercial concrete, aggregates, and new wall materials [2]. - The revenue composition of Wannei Green includes 68.35% from cement, 22.71% from concrete, 5.43% from aggregates, 2.25% from other sources, 1.17% from trade, and 0.09% from clinker [2]. Group 3: Financial Performance - For the period from January to September 2025, Wannei Green reported an operating income of 3.328 billion yuan, a year-on-year decrease of 17.18%. However, the net profit attributable to shareholders increased by 7.27% to 7.4855 million yuan [2]. - The company has distributed a total of 3.584 billion yuan in dividends since its A-share listing, with 393 million yuan distributed over the past three years [3]. Group 4: Shareholder Information - As of September 30, 2025, Wannei Green had 46,800 shareholders, an increase of 12.80% from the previous period. The average circulating shares per person decreased by 11.35% to 17,053 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 3.1469 million shares, a decrease of 118,000 shares compared to the previous period [3].

Group 1 - The company Wan Nian Qing reported that as of the end of Q3 2025, the total number of common stock shareholders is 46,758 [2]

Group 1 - The company announced the election of Mr. Zhang Yuming as a non-independent director of the tenth board of directors [1]

二 、备查文件 1.公司 2025 年第二次临时股东会会议决议； 2.深交所要求的其他文件。 | 证券代码：000789 | 证券简称：万年青 | 公告编号：2025-85 | | --- | --- | --- | | 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 关于完成公司第十届董事会非独立董事补选的公告 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。 一、完成补选非独立董事的情况 江西万年青水泥股份有限公司（以下简称"公司"）于2025年10 月28日召开第十届董事会第十次临时会议、于2025年11月14日召开的 2025年第二次临时股东会审议通过了《关于补选公司第十届董事会非 独立董事的议案》，同意选举张玉明先生为公司第十届董事会非独立 董事。任期自股东会审议通过之日起至第十届董事会任期届满为止。 江西万年青水泥股份有限公司董事会 2025 年 11 月 14 日 ...

| 证券代码：000789 | 证券简称：万年青 公告编号：2025-84 | | --- | --- | | 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 2025年第二次临时股东会决议公告 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。 特别提示： 1、本次股东会无否决议案的情况。 2、本次股东会不涉及变更前次股东会决议的情况。 一、会议召开情况 1.会议召集人：江西万年青水泥股份有限公司董事会； 2.会议时间：⑴现场会议召开时间：2025年11月14日14:30； ⑵网络投票时间； 通过深圳证券交易所互联网投票系统投票的时间：2025年11月14日9:15至15:00 期间的任意时间； 通过深圳证券交易所交易系统进行网络投票的时间为：2025年11月14日 9:15-9:25,9:30-11:30,13:00-15:00； 3.现场会议地点：江西省南昌市高新技术开发区京东大道399号万年青科技园公司 二楼205室会议室； 中小股东出席的总体情况：参加本次会议 ...

江西华邦律师事务所 关于江西万年青水泥股份有限公司 2025年第二次临时股东会的法律意见书 致：江西万年青水泥股份有限公司 根据《中华人民共和国公司法》（以下简称《公司法》）、中国证券监督管 理委员会《上市公司股东会规则》（以下简称《股东会规则》）以及《深圳证券 交易所上市公司股东会网络投票实施细则》（以下简称《网络投票实施细则》） 等法律、法规、规范性文件及现时有效的《江西万年青水泥股份有限公司章程》 （以下简称《公司章程》）的有关规定，受江西万年青水泥股份有限公司（以下 简称公司）委托，江西华邦律师事务所（以下简称本所）指派邓颖律师和朱晓宇 律师出席公司2025年第二次临时股东会（以下简称本次股东会），并为本次股东 会出具本法律意见书。 1、本次股东会由公司董事会召集。召开本次股东会的通知已于2025年10月 30日在巨潮资讯网等中国证券监督管理委员会指定信息披露网站上予以公告。所 有议案已在上述股东会通知公告中列明，相关议案内容已依法披露。 2、本次股东会采用现场投票与网络投票相结合的方式进行。现场会议于 2025 年 11 月 14 日 14：30 在江西省南昌市高新技术开发区京东大道 399 号万年 ...

Core Viewpoint - The company is actively responding to national low-carbon transition policies and is implementing various measures for green and low-carbon transformation, which may benefit the long-term development of the cement industry [2] Group 1: Company Initiatives - The company is adopting alternative fuels, photovoltaic power generation, promoting the creation of green factories, and re-greening mines as part of its green low-carbon transformation efforts [2] - The company plans to accelerate its green low-carbon development pace by promoting the application of energy-saving and carbon-reducing new technologies and equipment [2] - The company aims to improve its carbon emission management system and optimize carbon asset management to effectively respond to carbon trading [2] Group 2: Industry Impact - The introduction of relevant policies may accelerate the elimination of inefficient production capacity and optimize the industry structure [2] - These changes are expected to be beneficial for the long-term development of the cement industry [2]

Core Viewpoint - The company aims to position itself as a "comprehensive building materials service provider" and will focus on both the basic building materials industry and strategic emerging industries to drive growth [2] Group 1: Strategic Focus - The company will enhance its core building materials business while also accelerating the cultivation of new productive forces in areas such as energy conservation, environmental protection, and new materials [2] - The strategy is designed to initiate a "second growth curve" for the company [2]

Core Points - The company announced the transfer of 51% equity in its subsidiary Hainan Wanmitang Pharmaceutical Co., Ltd. to Guangdong He Yi Yun Kang Pharmaceutical Co., Ltd. for a price of RMB 3,373,543.10 [1] - The company has received the full payment for the equity transfer and has completed the necessary registration and documentation with the Hainan Provincial Market Supervision Administration [1] Summary by Category - **Equity Transfer** - The company approved the transfer of 51% equity in Hainan Wanmitang for RMB 3,373,543.10 [1] - The transfer has been fully paid by the acquiring party [1] - **Regulatory Compliance** - The company has completed the business registration changes and filed the updated articles of association [1] - A registration notice has been issued by the Hainan Provincial Market Supervision Administration [1]