现代投资股份有限公司 第九届董事会第八次会议决议公告 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 现代投资股份有限公司（以下简称"公司"）第九届董事会第八 次会议通知已于 2025 年 8 月 19 日以通讯方式送达各位董事。本次会 议于 2025 年 8 月 28 日以现场结合通讯方式召开。会议应出席会议董 事 9 名，实际出席会议董事 9 名，其中董事孟杰先生以通讯方式参与 表决。会议由公司董事长罗卫华先生主持，公司监事及高管列席了会 议。会议的召开符合有关法律、行政法规、部门规章、规范性文件和 《公司章程》的规定。 二、董事会会议审议情况 （一）审议通过《2025 年半年度报告全文及摘要》。 证券简称：现代投资 证券代码：000900 公告编号：2025-022 公司独立董事专门会议已审议并通过本议案。 此项议案涉及关联交易，关联董事罗卫华先生、唐前松先生、曹 翔先生回避表决。 表决结果：6 票赞成，0 票反对，0 票弃权，表决通过。 详见公司同日披露的《关于对湖南高速集团财务有限公司的风险 持续评估报告》。 三、备查文件 （ ...

【2025 年 8 月】 1 现代投资股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 2025 年半年度报告 现代投资股份有限公司 2025 年半年度报告全文 现代投资股份有限公司 公司负责人罗卫华、主管会计工作负责人曾永长及会计机构负责人(会计 主管人员)吴月鸿声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本报告涉及公司未来计划等前瞻性陈述，不构成对公司投资者的实质性承 诺，请投资者注意投资风险。 公司在本报告中描述的存在的风险，敬请查阅"第三节 管理层讨论与分 析"中"十、公司面临的风险和应对措施"。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | | | | 第二节 | 公司简介和主要财务指标 6 | | --- | --- | | 第三节 | 管理层讨论与分析 9 | | 第四节 | 公司治理、环境和社会 23 | | 第五节 | 重要事项 25 | | ...

Core Viewpoint - Modern Investment (000900) has shown a positive trend in financing activities, with a net financing purchase of 298.31 million yuan on August 27, 2025, indicating increased investor interest and confidence in the stock [1][4]. Financing Activities - On August 27, 2025, the financing buy amounted to 15.34 million yuan, while financing repayment was 12.36 million yuan, resulting in a net financing purchase of 298.31 million yuan [1]. - The financing balance reached 223 million yuan, with a 1.35% increase from the previous day [4]. - Over the last three trading days, the cumulative net financing purchase totaled 17.36 million yuan, with 12 out of the last 20 trading days showing net financing purchases [1]. Margin Trading - On August 27, 2025, there were no shares sold short, but 100 shares were repaid, resulting in a net short selling of 100 shares [2][3]. - The margin trading balance was 0.00 yuan, indicating no outstanding short positions [3]. Margin Trading Balance Changes - The margin trading balance on August 27, 2025, was 223 million yuan, reflecting a daily increase of 298.27 million yuan [4]. - The margin trading balance has shown fluctuations, with a peak increase of 4.98% on August 25, 2025 [4]. General Knowledge - Financing refers to securities companies lending money to investors to buy stocks, while margin trading involves borrowing stocks to sell, with the expectation of repurchasing them later at a lower price [5].

Market Overview - The futures concept sector experienced a decline of 0.69% on August 1, with Nanhua Futures leading the drop [1] - The Shanghai Composite Index closed at 3559.95, down 0.37%, while the Shenzhen Component Index closed at 10991.32, down 0.17% [1] Individual Stock Performance - Notable gainers in the futures concept sector included: - Hongqiang Securities (601236) with a closing price of 8.84, up 1.96% and a trading volume of 845,200 shares, totaling 755 million yuan [1] - Chuangyuan Technology (000551) closed at 11.06, up 0.91% with a trading volume of 68,500 shares, totaling 75.6 million yuan [1] - Conversely, significant decliners included: - Nanhua Futures (603093) which closed at 21.88, down 4.12% with a trading volume of 212,500 shares, totaling 472 million yuan [2] - Zhongke Jin Cai (002657) closed at 28.58, down 3.45% with a trading volume of 443,700 shares, totaling 1.273 billion yuan [2] Capital Flow Analysis - The futures concept sector saw a net outflow of 843 million yuan from main funds, while retail investors contributed a net inflow of 627 million yuan [2] - The capital flow for individual stocks showed: - Hongta Securities (601236) had a net inflow of 75.37 million yuan from main funds, while retail investors had a net outflow of 37.94 million yuan [3] - Dahan Technology (600288) experienced a net inflow of 14.14 million yuan from main funds, with retail investors showing a net outflow of 0.65 million yuan [3]

Group 1 - The company, Modern Investment, reported that the number of shareholders as of the first quarter of 2025 is 43,592 [2]

Group 1 - The company has received approval from the trading association to register the issuance of super short-term financing bonds amounting to 5 billion RMB [2] - The registration is valid for two years from the date of the notification and will be underwritten by CITIC Bank [2] - The company plans to issue the bonds in phases based on its funding needs and market conditions, adhering to relevant regulations [2] Group 2 - The board of directors and the entire board guarantee the authenticity, accuracy, and completeness of the disclosed information [1] - The company has previously approved the application for the registration of super short-term financing bonds during its board meeting and shareholder meeting [1] - The company will disclose the issuance results through recognized channels after the completion of the bond issuance [2]

二、公司在注册有效期内可分期发行超短期融资券，应按照有权 机构决议及相关管理要求，进行发行管理。发行完成后，应通过交易 商协会认可的途径披露发行结果。 证券简称：现代投资 证券代码：000900 公告编号：2025-021 现代投资股份有限公司 关于超短期融资券获准注册的公告 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。 现代投资股份有限公司（以下简称"公司"）于 2024 年 8 月 28 日、2024 年 9 月 19 日分别召开的第九届董事会第二次会议、2024 年 第二次临时股东大会审议通过了《关于申请注册发行超短期融资券的 议案》，同意公司向中国银行间市场交易商协会（以下简称"交易商 协会"）申请注册发行不超过人民币 50 亿元的超短期融资券，择机 采取一期或分期分批形式发行。具体内容详见公司于 2024 年 8 月 30 日、2024 年 9 月 20 日披露的《第九届董事会第二次会议决议公告》 （公告编号：2024-032）、《关于申请注册发行超短期融资券的公告》 （公告编号：2024-035）、《2024 年第二次临时股东大会决议公告》 （公 ...

Group 1 - The company has approved a cash dividend distribution plan at the annual shareholders' meeting held on April 24, 2025, with a total cash distribution of 227,674,250.10 yuan based on a total share capital of 1,517,828,334 shares, distributing 1.5 yuan per 10 shares [1][2] - The dividend distribution plan includes a differentiated tax rate for individual shareholders based on their holding period, with specific tax amounts outlined for different durations of shareholding [2] - The record date for the dividend distribution is set for May 28, 2025, and the ex-dividend date will follow [2][3] Group 2 - The cash dividends will be directly credited to shareholders' accounts through their securities companies on May 29, 2025, while some dividends will be distributed directly by the company [2][3] - The company assumes all legal responsibilities for any discrepancies in cash dividends due to changes in shareholders' accounts during the application period [2]

证券简称：现代投资 证券代码：000900 公告编号：2025-020 现代投资股份有限公司 5.本次实施权益分派方案距离 2024 年度股东大会审议通过的时 间未超过两个月。 二、权益分派方案 本公司 2024 年年度权益分派方案为：以公司现有总股本 1,517,828,334 股为基数，向公司全体股东每 10 股派发现金红利 1.500000 元（含税；扣税后，通过深股通持有股份的香港市场投资 2024 年年度权益分派实施公告 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、股东大会审议通过权益分派方案情况 1.现代投资股份有限公司（以下简称"公司"）2024 年年度权 益分派方案已获 2025 年 4 月 24 日召开的公司 2024 年度股东大会审 议通过（会议决议公告刊登于 2025 年 4 月 25 日《中国证券报》《上 海证券报》《证券时报》《证券日报》以及巨潮资讯网），2024 年 年度权益分派方案的具体内容为：以公司 2024 年 12 月 31 日的总股 本 1,517,828,334 股为基数，向全体股东每 10 股派发现金红利 1. ...

Financial Performance - The company's operating revenue for Q1 2025 was ¥1,752,071,588.10, representing a 32.11% increase compared to ¥1,326,171,991.87 in the same period last year[5] - Net profit attributable to shareholders decreased by 7.11% to ¥176,221,364.38 from ¥189,710,685.90 year-on-year[5] - The company's basic earnings per share decreased by 7.12% to ¥0.1161 from ¥0.1250 in the same period last year[5] - The company's operating profit for the current period is CNY 275,192,253.30, an increase from CNY 264,746,929.91 in the previous period, representing a growth of approximately 1.7%[20] - Net profit attributable to the parent company is CNY 176,221,364.38, down from CNY 189,710,685.90, indicating a decrease of about 7.9%[21] - The total comprehensive income for the current period is CNY 212,882,167.19, slightly down from CNY 219,083,190.07, reflecting a decrease of about 2.9%[21] - Basic and diluted earnings per share decreased to CNY 0.1161 from CNY 0.1250, a decline of approximately 7.1%[21] Cash Flow - The net cash flow from operating activities increased by 8.59% to ¥802,476,676.92 compared to ¥738,969,498.38 in the previous year[5] - The net cash flow from investing activities was negative at -¥1,395,559,512.80, reflecting a 32.93% increase in outflows compared to the previous year[10] - The company experienced a 538.23% decrease in net cash flow from financing activities, amounting to -¥292,335,729.97, compared to -¥45,804,348.50 in the same period last year[10] - The net cash flow from operating activities is CNY 802,476,676.92, up from CNY 738,969,498.38, showing an increase of about 8.6%[23] - The company reported a net cash outflow from investing activities of CNY -1,395,559,512.80, compared to CNY -1,049,806,050.10 in the previous period, indicating a deeper investment commitment[23] - Cash and cash equivalents at the end of the period totaled CNY 3,157,750,687.14, down from CNY 3,964,030,428.27, a decrease of approximately 20.3%[23] Assets and Liabilities - Total assets as of March 31, 2025, were ¥58,784,082,538.83, a 1.12% increase from ¥58,130,305,893.18 at the end of the previous year[5] - Total liabilities increased to ¥44,261,769,022.57 from ¥43,821,268,449.18, reflecting a growth of 1.0%[17] - Non-current liabilities totaled ¥21,919,066,194.58, up from ¥20,877,085,285.30, marking an increase of 5.0%[17] - The total equity attributable to shareholders reached ¥12,643,302,612.91, compared to ¥12,471,658,116.86, an increase of 1.4%[17] - Current assets totaled ¥8,919,567,257.80, slightly up from ¥8,782,735,215.94, indicating a growth of 1.6%[16] Investment and Shareholding - The company's investment income from bond investments was ¥33,456,885.91, attributed to the normal operations of its subsidiary[8] - The company’s investment income from joint ventures and associates was CNY 31,021,416.22, down from CNY 40,363,562.47, indicating a decrease of about 23.1%[20] - Hunan Expressway Group Co., Ltd. holds 27.19% of shares, totaling 412,666,971 shares[12] - Hunan Rail Transit Holding Group Co., Ltd. holds 11.32% of shares, totaling 171,861,349 shares[12] - The company received approval from the China Securities Regulatory Commission to issue bonds totaling up to 4 billion RMB[13] Operating Costs and Revenue - The company's operating costs rose by 52.86% to ¥1,264,450,418.60, primarily due to increased trading activities in bulk commodities[10] - Total operating costs increased to ¥1,623,574,930.62 from ¥1,245,088,350.48, representing a rise of 30.4%[19] - Total revenue from operating activities reached CNY 3,914,198,001.94, compared to CNY 3,179,271,260.33 in the previous period, reflecting an increase of approximately 23.1%[22] - Interest income decreased slightly to ¥136,919,915.67 from ¥140,142,462.67, a decline of 1.6%[19] - Research and development expenses were ¥3,420,034.93, down from ¥5,162,178.83, indicating a reduction of 33.8%[19] Fair Value and Financial Assets - The company reported a significant increase of 180.22% in fair value gains to ¥26,246,324.44 compared to a loss of ¥32,718,655.14 in the previous year[10] - Trading financial assets rose to 183,695,865.17 RMB from 148,129,827.43 RMB[15] - Derivative financial assets increased to 19,142,720.00 RMB from 4,743,140.00 RMB[15] - Other receivables amount to 149,484,382.51 RMB, slightly up from 148,551,384.33 RMB[15]