第二章 投资者关系管理的目的和基本原则 第二条 投资者关系管理是指公司通过便利股东权利行使、 信息披露、互动交流和诉求处理等工作，加强与投资者及潜在投 资者之间的沟通，增进投资者对公司的了解和认同，以提升公司 治理水平和企业整体价值，实现尊重投资者、回报投资者、保护 投资者目的的相关活动。 实施投资者关系管理的目的在于： 1、进一步完善公司治理结构，规范公司运作，树立良好的 公司形象，提升公司的投资价值。 2、通过及时、真实、准确、完整的信息披露，公司切实履 行诚信义务，与投资者建立良好的沟通机制和交流平台，保障投 资者的知情权，保护中小投资者的合法权益。 3、建立良好的投资者关系，有利于改善公司的资本市场形 浙商中拓集团股份有限公司 投资者关系管理制度 第一章 总 则 第一条 浙商中拓集团股份有限公司（以下简称"公司"） 为规范公司投资者关系管理工作，加强公司与投资者之间的有效 沟通，促进公司完善治理，提高公司质量，切实保护投资者特别 是中小投资者合法权益，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》《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 ...

浙商中拓集团股份有限公司 2025 年半年度报告全文 浙商中拓集团股份有限公司 2025 年半年度报告 2025 年 8 月 23 日 1 浙商中拓集团股份有限公司 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。 公司负责人袁仁军、主管会计工作负责人邓朱明及会计机构负责人(会计 主管人员)潘轶杰声明：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。 本半年度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质 性承诺，投资者及相关人士均应当对此保持足够的风险认识，并且应当理解 计划、预测与承诺之间的差异。 请投资者认真阅读本报告全文，并注意下列风险因素：公司在日常经营 中面临的宏观及行业风险、价格风险、汇率风险、合作商信用风险，有关风 险因素及应对策略已在本报告中"第三节管理层讨论与分析"之"十、公司 面临的风险和应对措施"部分予以描述，敬请广大投资者注意投资风险。 公司计划不派发现金红利，不送红股 ...

Market Overview - On August 22, the logistics sector declined by 0.49%, with Hengji Daxin leading the drop [1] - The Shanghai Composite Index closed at 3825.76, up 1.45%, while the Shenzhen Component Index closed at 12166.06, up 2.07% [1] Stock Performance - Notable gainers in the logistics sector included: - Furande (605050) with a closing price of 16.50, up 6.04% and a trading volume of 128,200 shares, totaling 205 million yuan [1] - ST Yuanshang (603813) closed at 16.13, up 5.01% with a trading volume of 4,983 shares, totaling approximately 800,000 yuan [1] - Major decliners included: - Hengji Daxin (002492) closed at 7.24, down 2.82% with a trading volume of 131,800 shares, totaling approximately 96.3 million yuan [2] - Huami Duhai (872351) closed at 29.92, down 2.54% with a trading volume of 26,700 shares, totaling approximately 80.1 million yuan [2] Capital Flow - The logistics sector experienced a net outflow of 317 million yuan from institutional investors, while retail investors saw a net inflow of 245 million yuan [2] - Notable capital flows included: - Donghang Logistics (601156) had a net inflow of 66.26 million yuan from institutional investors, but a net outflow of 46.13 million yuan from retail investors [3] - Furande (605050) saw a net inflow of 33.59 million yuan from institutional investors, with retail investors experiencing a net outflow of 12.39 million yuan [3]

Core Viewpoint - The restructuring of global supply chains and the volatility of commodity prices have made risk management crucial for the survival and development of enterprises, as well as for the stability of the national economy [1] Group 1: Risk Management Trends - There is an increasing awareness among Chinese listed companies regarding risk management, particularly in the context of complex economic conditions and significant commodity price fluctuations [2] - Manufacturing companies are the main participants in the futures market for hedging, particularly in sectors like chemicals and agricultural products [2] - The trend towards systematic, refined, and globalized risk management is becoming more pronounced among listed companies [2][4] Group 2: Tools and Strategies - Futures and derivatives are becoming indispensable tools for risk management, with both on-exchange and off-exchange markets complementing each other [5] - The total hedging amount announced by A-share listed companies in 2024 is approximately 34 trillion yuan, with commodity hedging amounting to about 289 billion yuan [3] - The use of options is increasing, with off-exchange options offering advantages in terms of variety and flexibility compared to on-exchange options [5] Group 3: Compliance and Internal Control - Compliance is essential for risk management, serving as a "safety barrier" for enterprises [6] - Effective internal control systems are necessary for managing futures and derivatives trading, ensuring that risk management aligns with the core business objectives [7] - Companies should establish a comprehensive internal control system to enhance their risk management capabilities and ensure the smooth execution of hedging transactions [6][7]

Core Viewpoint - The importance of establishing an internal control and risk management system for futures derivatives business in enterprises is emphasized, highlighting that internal control is essential for effective risk management [1][2]. Group 1: Internal Control and Risk Management - Internal control consists of policies, systems, and processes designed to ensure normal operations, reduce errors, and prevent asset loss [1]. - Risk management is a systematic approach to identify, assess, monitor, and control various risks faced by enterprises, aiming for sustainable development under different risk conditions [1]. - The risk management framework is built upon the internal control framework, making internal control a crucial part of risk management [1]. Group 2: Hedging and Operational Guidelines - The centralized operation and management of futures and derivatives trading should be conducted by the enterprise headquarters, ensuring separation of key roles such as decision-making, order placement, risk control, compliance supervision, and market research [1]. - The primary goal of engaging in futures market hedging is to mitigate market operational risks, necessitating the establishment of a supervision system and checks and balances for operational procedures [1]. - It is essential to standardize operations in decision-making, authorization, and trading processes to enhance the enterprise's risk resistance capabilities in the futures market [1]. Group 3: Trading Motivation and Behavior - The understanding of concepts influences trading motivations, which in turn determines trading behavior; poor trading motivations can amplify trading risks [2]. - Enterprises must adhere to the original intention of risk hedging, focusing on the physical market and avoiding speculation, while accepting imperfect hedging [2]. - Fine management of basis is necessary to optimize the hedging effect [2].

Group 1 - The core point of the article is that Zhejiang Zhongtuo Group Co., Ltd. has successfully completed the first batch of warehouse receipts delivery for "Guiwan Steel" hot-rolled coils in collaboration with Guangxi Shenglong Metallurgy Co., Ltd. [1] Group 2 - The delivery was carried out by Ningbo Zhongtuo Supply Chain Management Co., Ltd., a subsidiary of Zhejiang Zhongtuo Group [1] - The successful collaboration indicates a strengthening partnership between the two companies in the steel supply chain [1]

Core Viewpoint - Zhejiang Zhongtuo (000906) announced the resignation of independent director Xu Yongbin, effective from August 19, 2025, due to the six-year tenure limit for independent directors as per regulations [1] Group 1 - The company’s board received a written resignation report from independent director Xu Yongbin [1] - Xu Yongbin has served as an independent director since August 20, 2019, and will resign from all positions within the company and its subsidiaries after his resignation [1] - Along with his resignation as an independent director, Xu will also step down from his roles as chairman of the audit committee, member of the nomination committee, and member of the remuneration and assessment committee [1]

证券代码：000906 证券简称：浙商中拓 公告编号：2025-54 浙商中拓集团股份有限公司 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。 特此公告。 浙商中拓集团股份有限公司董事会 根据《公司法》《上市公司独立董事管理办法》和《公司章程》 等相关规定，许永斌先生的辞职将导致公司独立董事人数少于董事 会成员人数的三分之一、相关董事会专门委员会中独立董事未过半 数，辞职报告将自公司股东大会选举产生新任独立董事之日起生效。 在此之前，许永斌先生将按照有关法律法规和《公司章程》的规定 继续履行职责。 公司董事会对许永斌先生在任期间的勤勉工作及对公司发展所 做出的贡献表示衷心的感谢！ 公司董事会将按照相关法律法规要求，尽快完成独立董事及相 关董事会专门委员会职务的补选工作。 浙商中拓集团股份有限公司（以下简称"公司"）董事会于近 日收到公司独立董事许永斌先生的书面辞职报告。根据《上市公司 独立董事管理办法》规定，独立董事连续任职不得超过六年，许永 斌先生自2019年8月20日起担任公司独立董事，现申请自2025年8月 审计委员会主任委员、提名委员会委员、薪酬与考核 ...

Core Viewpoint - The 2025 China (Zhengzhou) International Futures Forum emphasizes the importance of establishing a robust internal control and risk management system for enterprises engaging in futures and derivatives trading [2] Group 1: Risk Management Framework - Enterprises should centralize the operation and management of futures and derivatives trading at the headquarters level, ensuring separation of key roles such as trading decision-making, order placement, risk control, compliance supervision, and market research [2] - A supervisory system for operational risks and a power balance mechanism should be established specifically for hedging activities, ensuring standardized operations in decision-making, authorization, and trading processes [2] - Enhancing the subjective initiative of operators at all levels is crucial for improving the enterprise's risk resistance in the futures market [2] Group 2: Trading Motivation and Behavior - The understanding of risk management influences trading motivation, which in turn determines trading behavior; poor trading motivation can amplify trading risks [2] - Enterprises must adhere to the original intention of risk hedging, focusing on the physical commodity market and avoiding speculative practices [2] - Accepting imperfect hedging and optimizing the hedging effect through refined management of basis is essential for effective risk management [2]

证券代码：000906 证券简称：浙商中拓 公告编号：2025-54 公司董事会对许永斌先生在任期间的勤勉工作及对公司发展所 做出的贡献表示衷心的感谢！ 公司董事会将按照相关法律法规要求，尽快完成独立董事及相 关董事会专门委员会职务的补选工作。 1 浙商中拓集团股份有限公司 关于公司独立董事任期届满辞职的公告 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。 浙商中拓集团股份有限公司（以下简称"公司"）董事会于近 日收到公司独立董事许永斌先生的书面辞职报告。根据《上市公司 独立董事管理办法》规定，独立董事连续任职不得超过六年，许永 斌先生自2019年8月20日起担任公司独立董事，现申请自2025年8月 19日起辞去公司第八届董事会独立董事职务，同时一并辞去董事会 审计委员会主任委员、提名委员会委员、薪酬与考核委员会委员职 务，辞职后不再担任公司及控股子公司任何职务。截至本公告披露 日，许永斌先生未持有公司股份，不存在未履行完毕的公开承诺。 根据《公司法》《上市公司独立董事管理办法》和《公司章程》 等相关规定，许永斌先生的辞职将导致公司独立董事人数少于董事 会成员 ...