*ST兰黄（000929）公告，公司于2025年5月13日首次通过股票回购专用证券账户以集中竞价交易方式 回购股份，回购股份数量为25.96万股，占公司目前总股本的0.14%，最高成交价为7.25元/股，最低成交 价为7.1元/股，成交总金额为186.05万元(不含交易费用)。本次回购股份资金来源为公司自有资金和自筹 资金，回购价格未超过《回购股份报告书》确定的价格上限9.7元/股。 ...

Core Viewpoint - Lanzhou Huanghe Group, established in 1993, is the only A-share listed company in Lanzhou and primarily engages in the production and sales of beer and malt, with beer accounting for over 90% of its main business. The company has faced significant challenges in recent years, including declining market share, production, and profitability, alongside issues related to securities investments and internal shareholder conflicts [2][7][8][10]. Group 1: Company Overview - Lanzhou Huanghe Group is a well-known beer brand in China, with its beer products mainly sold in the northwest regions such as Gansu and Qinghai [2]. - The company was listed on the Shenzhen Stock Exchange in 1999, with a total share capital of 18.5766 million shares [2]. - The company has expanded through mergers and acquisitions, establishing several joint ventures and subsidiaries in the beer production sector [2][3]. Group 2: Development Stages - Brand establishment began in 1999 when Huanghe Beer was recognized as a key protected brand by the State Administration for Industry and Commerce [2]. - The company significantly increased its production capacity in 1996 by investing 230 million yuan to acquire several competitors, raising annual beer production to 400,000 tons [3]. - Technological advancements were made with the introduction of high-quality beer production lines from Germany, enhancing production capabilities [4]. Group 3: Strategic Partnerships - In 2004, Lanzhou Huanghe Group partnered with Carlsberg, one of the world's top five beer brands, to form joint ventures that increased production capacity and introduced advanced management and marketing practices [5]. Group 4: Recent Challenges - The company has experienced a decline in market share, with its share in Gansu dropping from over 70% due to increased competition [7]. - Beer production and sales volumes have decreased, with 2023 production at 54,900 tons, a 13.93% year-on-year decline, and sales down 14.73% [7]. - The company reported a net loss of 47 million yuan in 2023, marking a significant drop in profitability [7]. - Securities investments have led to substantial losses, with 2023 net investment losses reaching 29.44 million yuan, marking the first time in over two decades the company has faced consecutive annual losses [8][9]. - Internal conflicts among major shareholders have further complicated management and operational focus, leading to frequent legal disputes [10].

Market Overview - The Shanghai Composite Index closed at 3352.00 points, above the annual line, with a change of 0.28% [1] - The total trading volume of A-shares reached 13,217.97 million yuan [1] Stocks Breaking Annual Line - A total of 109 A-shares have surpassed the annual line today, with notable stocks showing significant deviation rates [1] - The stocks with the highest deviation rates include: - Landun Optoelectronics (300862) with a deviation rate of 8.84% and a daily increase of 9.64% [1] - Sichuan Chuang (600990) with a deviation rate of 8.81% and a daily increase of 10.00% [1] - Siter Technology (300608) with a deviation rate of 8.16% and a daily increase of 9.37% [1] Additional Stocks with Notable Performance - Other stocks with significant performance include: - New Jingang (300629) with a daily increase of 7.08% and a deviation rate of 6.63% [1] - Hongtian Co., Ltd. (603800) with a daily increase of 6.83% and a deviation rate of 5.89% [1] - Cambridge Technology (603083) with a daily increase of 10.00% and a deviation rate of 5.65% [1] Summary of Stocks with Lower Deviation Rates - Stocks that have just crossed the annual line with lower deviation rates include: - Huadian International (600027) with a deviation rate of 3.62% [1] - ST Asia Pacific (000691) with a deviation rate of 3.61% [1] - Energy Saving Iron (300197) with a deviation rate of 3.53% [1]

证券代码：000929 证券简称：*ST 兰黄 公告编号：2025（临）-41 兰州黄河企业股份有限公司 关于股票交易异常波动的公告 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。 一、股票交易异常波动的情况介绍 兰州黄河企业股份有限公司（以下简称"公司"）股票（证券简称： *ST 兰黄，证券代码：000929）于 2025 年 4 月 30 日、5 月 6 日、5 月 7 日连续 3 个交易日内收盘价格涨幅偏离值累计超过 12%，根据 《深圳证券交易所交易规则》等相关规定，属于股票交易异常波动的 情形。 二、公司关注及核实情况说明 针对公司股票交易异常波动，公司对有关事项进行了核查，并致 函公司控股股东、实际控制人进行了核实，现将有关情况说明如下： 1、公司前期披露的信息不存在需要更正、补充之处； 2、公司未发现近期公共传媒报道了可能或已经对公司股票交易 价格产生较大影响的未公开重大信息； 3、近期公司经营情况及内外部经营环境未发生重大变化； 4、公司、控股股东和实际控制人不存在关于公司的应披露而未 披露的重大事项，或处于筹划阶段的重大事项； 5、股票异常波 ...

根据《上市公司股份回购规则》《深圳证券交易所上市公司自律 监管指引第 9 号—回购股份》等相关规定，现将公司回购股份进展 情况公告如下： 一、回购股份进展情况 截至 2025 年 4 月 30 日，公司暂未实施股份回购。 二、其他说明 公司后续将根据市场情况在回购期限内继续实施股份回购计划， 并在回购期间根据相关法律、法规和规范性文件的规定及时履行信息 披露义务，敬请广大投资者注意投资风险。 证券代码：000929 证券简称：兰州黄河 公告编号：2025（临）-40 兰州黄河企业股份有限公司 关于回购公司股份的进展公告 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。 兰州黄河企业股份有限公司（以下简称"公司"）分别于 2025 年 3 月 7 日、2025 年 3 月 21 日召开第十二届董事会第九次会议和 2025 年第二次临时股东大会，审议通过了《关于回购公司股份方案的议案》， 同意公司使用自有资金或自筹资金以集中竞价交易方式回购公司股 份，用于股权激励或员工持股计划。本次回购股份的资金总额不低于 人民币 2,000 万元（含）且不超过人民币 3,000 ...

Core Viewpoint - *ST Lanhuang (000929.SZ) reported a decline in revenue and cash flow for Q1 2025, indicating challenges in its operational performance compared to peers in the industry [1][3]. Financial Performance - As of March 31, 2025, *ST Lanhuang's total operating revenue was 47.67 million yuan, ranking 14th among disclosed peers, a decrease of 6.19 million yuan or 11.49% year-on-year [1]. - The net profit attributable to the parent company was 7.23 million yuan, ranking 10th among peers [1]. - The net cash flow from operating activities was -19.41 million yuan, ranking 14th, a decrease of 18.61 million yuan compared to the same period last year [1]. Financial Ratios - The asset-liability ratio stood at 16.38%, an increase of 0.20 percentage points from the previous quarter and 1.82 percentage points from the same period last year [3]. - The gross profit margin was 15.25%, ranking 16th among peers [3]. - The return on equity (ROE) was 1.47%, ranking 9th among disclosed companies [3]. Earnings and Efficiency Metrics - The diluted earnings per share were 0.04 yuan, ranking 9th among peers [4]. - The total asset turnover ratio was 0.05 times, ranking 15th [4]. - The inventory turnover ratio was 0.38 times, a decrease of 0.06 times or 13.20% year-on-year [4]. Shareholder Structure - The number of shareholders was 19,500, with the top ten shareholders holding 77.12 million shares, accounting for 41.52% of the total share capital [4]. - The largest shareholder, Lanzhou Yellow River New Sheng Investment Co., Ltd., held 21.50% of the shares [4].

Core Insights - Lanzhou Yellow River achieved a net profit of 7.23 million yuan in Q1 2025, marking a significant turnaround from a loss of 46.72 million yuan in 2024, with a year-on-year increase of 934.62% [1][2] - The company reported total revenue of 2.11 billion yuan in 2024, with a notable increase in revenue from outside the province by 9.31% [1][2] Group 1: Financial Performance - In Q1 2025, Lanzhou Yellow River's revenue reached 47.67 million yuan, achieving the highest profit in nearly seven quarters [1] - The company's revenue from outside the province amounted to 59.11 million yuan in 2024, increasing its share of total revenue from 22.42% to 28.08% [2] Group 2: Strategic Developments - Following the acquisition by Hunan Yucheng Investment Co., Ltd., the company is shifting its strategic focus towards national expansion, emphasizing a younger and more fashionable brand image [3] - The establishment of a wholly-owned subsidiary, Hunan Yellow River Beer Co., Ltd., marks the company's entry into the South China market, with promotional activities aimed at attracting younger consumers [4]

Summary of Key Points Core Viewpoints - The report highlights the ongoing trend of stock suspensions due to delisting risk warnings across multiple companies, indicating a potential downturn in market confidence and stability [2][3][4]. Company Listings - Several companies are scheduled for initial public offerings (IPOs) on April 29, 2025, including Tai Li Technology (301595) and Ze Run New Energy (301636), which may attract investor interest [1]. - The report notes the specific dates for various IPO-related activities, such as inquiry periods and fund unfreezing dates, which are crucial for market participants [1]. Stock Suspension Announcements - Numerous companies, including Guohua Network Security (000004) and Nanhua Biology (000504), have announced stock suspensions due to delisting risk warnings, reflecting a significant concern regarding their financial health [2][3]. - The report lists a total of 30 companies facing stock suspensions on April 29, 2025, due to various risk warnings, which may impact investor sentiment and trading volumes [2][3][4]. Special Suspensions - Companies like *ST Xu Lan (000040) and *ST Gong Zhi (000584) are highlighted for potential termination of listings, indicating severe financial distress and regulatory scrutiny [4][5]. - The report emphasizes the importance of monitoring these companies as their situations evolve, which could present both risks and opportunities for investors [4][5].

您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（hmx//acc mo 其华会计师事务所(特殊普通合伙) 计 报 告 m 兰州黄河企业股份有限公司 2024 年度财务报表审计报告 目 录 | 、审计报告 | 1-5 页 | | --- | --- | | 二、审计报告附件 | | | 1、合并资产负债表 | 1-2 页 | | 母公司资产负债表 2、 | 3-4 页 | | 3、 合并利润表 | 5 页 | | 4、母公司利润表 | 6 页 | | 5、合并现金流量表 | 7页 | | 6、母公司现金流量表 | 8 页 | | 7、合并所有者权益变动表 | 9-10 页 | | 8、母公司所有者权益变动表 | 11-12 页 | | 9、财务报表附注 | 13-78 页 | (2025) 京会兴审字第 01080027 号 兰州黄河企业股份有限公司全体股东: 一、审计意见 我们审计了兰州黄河企业股份有限公司(以下简称兰州黄河公司)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、合并及母公司股东权益变动表以及相关财务报 ...