Core Viewpoint - The company reported significant growth in revenue and net profit for the first quarter of 2025, indicating a positive financial performance despite a slight decrease in shareholder equity [3][11]. Financial Performance - The company achieved operating revenue of CNY 1,058,338,276.93, representing a year-on-year increase of 57.81% [3]. - The net profit attributable to shareholders was CNY 37,448,309.00, reflecting an 8.40% increase compared to the previous year [3]. - Total assets at the end of the reporting period amounted to CNY 4,017,696,374.17, which is a 4.99% increase from the end of the previous year [3]. - Shareholder equity decreased by 0.58% to CNY 1,681,755,556.92 compared to the end of the previous year [3]. Business Operations - The total service box volume for the company's various business segments reached 67,800 TEU, with specific contributions from cross-border chemical logistics (38,000 TEU), warehousing (10,500 TEU), and road transportation (19,300 TEU) [3]. Shareholder Information - As of the report date, five shareholders completed the lifting of share restrictions, with the listing date set for April 29, 2025 [5]. - The company has a repurchase account holding 4,553,864 shares, accounting for 4.38% of the total share capital [5]. Share Buyback Plan - The company approved a share buyback plan with a total fund allocation between CNY 50 million and CNY 60 million, with a maximum buyback price of CNY 34.87 per share [5]. - As of March 18, 2025, the company had repurchased 2,283,164 shares, representing 2.1982% of the total share capital, with a total transaction amount of CNY 50,078,346.40 [6]. Governance and Management Changes - The company appointed Liu Zhiyi as the new Chief Financial Officer following the resignation of the previous CFO, Shu Qiao [7]. - The board of directors and the supervisory board confirmed the accuracy and completeness of the first quarter report, ensuring compliance with relevant laws and regulations [11][19].

证券代码：001228 证券简称：永泰运 公告编号：2025-037 永泰运化工物流股份有限公司 第二届监事会第二十七次会议决议公告 本公司及监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、监事会会议召开情况 1、审议通过了《关于<2025 年第一季度报告>的议案》 经核查，监事会认为：2025 年第一季度报告的编制和审议程序符合相关法 律法规的规定，报告内容真实、准确、完整地反映了公司的实际情况。经全体监 事审议，一致同意通过《关于<2025 年第一季度报告>的议案》。 表决结果：同意票 3 票，反对票 0 票，弃权票 0 票。 具体内容详见同日刊登于《证券时报》、《上海证券报》及巨潮资讯网 （www.cninfo.com.cn）上的《2025 年第一季度报告》（公告编号：2025-038）。 三、备查文件 1、《永泰运化工物流股份有限公司第二届监事会第二十七次会议决议》。 特此公告。 永泰运化工物流股份有限公司（以下简称"公司"）第二届监事会第二十七 次会议于 2025 年 4 月 29 日在公司六楼会议室以现场方式召开。会议通知以专人 送达、电子邮件相结合的 ...

证券代码：001228 证券简称：永泰运 公告编号：2025-036 永泰运化工物流股份有限公司 第二届董事会第三十二次会议决议公告 经与会董事审议，形成了如下决议： 1、审议通过了《关于<2025 年第一季度报告>的议案》 2025 年第一季度报告的编制和审议程序符合相关法律法规的规定，报告内 容真实、准确、完整地反映了公司的实际情况。经全体董事审议，一致同意通过 《关于<2025 年第一季度报告>的议案》。 公司董事会审计委员会审议通过了该议案。 表决结果：同意票 7 票，反对票 0 票，弃权票 0 票。 具体内容详见同日刊登于《证券时报》、《上海证券报》及巨潮资讯网 （www.cninfo.com.cn）上的《2025 年第一季度报告》（公告编号：2025-038）。 一、董事会会议召开情况 永泰运化工物流股份有限公司（以下简称"公司"）第二届董事会第三十二次 会议于 2025 年 4 月 29 日在公司六楼会议室以现场结合通讯的方式召开，董事傅 佳琦先生、杨华军先生、王晓萍女士、陈吕军先生以通讯表决方式参加了会议。 会议通知以专人送达、电子邮件相结合的方式已于 2025 年 4 月 18 日向各位董事 ...

Financial Performance - The company achieved operating revenue of ¥1,058,338,276.93, representing a year-on-year increase of 57.81%[5] - Net profit attributable to shareholders was ¥37,448,309.00, up 8.40% compared to the same period last year[5] - Basic earnings per share increased to ¥0.36, reflecting a growth of 9.09% year-on-year[5] - The company's operating profit increased to ¥58,715,465.01 from ¥50,007,983.22, representing a growth of approximately 34% year-over-year[22] - Net profit rose to ¥43,605,932.47, up from ¥35,958,670.90, indicating an increase of about 21% compared to the previous period[22] - Total comprehensive income attributable to the parent company was ¥37,448,309.00, compared to ¥34,546,140.85, showing an increase of around 11%[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,017,696,374.17, an increase of 4.99% from the end of the previous year[5] - Total assets reached ¥4,017,696,374.17, up from ¥3,826,905,955.70, indicating a growth of approximately 5%[20] - Total liabilities increased to ¥2,200,443,650.63 from ¥2,008,869,772.12, reflecting an increase of about 9.5%[19] - The company's equity attributable to shareholders decreased slightly to ¥1,681,755,556.92 from ¥1,691,499,440.43, a decline of about 0.5%[20] Cash Flow and Financial Activities - The company reported a net cash flow from operating activities of -¥296,554,794.41, an improvement of 16.60% compared to the previous year[5] - The net cash flow from operating activities was negative at -¥296,554,794.41, an improvement from -¥355,586,522.08 in the prior period[23] - Cash inflow from sales of goods and services reached ¥1,481,092,476.76, compared to ¥1,168,224,190.95, marking an increase of approximately 27%[23] - The company generated ¥467,964,802.78 from financing activities, significantly higher than ¥225,142,500.00 in the previous period, representing an increase of about 107%[24] - The cash outflow from investing activities was ¥70,555,920.55, compared to ¥37,522,505.89, reflecting an increase of approximately 88%[23] - The company received ¥46,872,092.38 in tax refunds, a substantial increase from ¥14,922,648.18 in the prior period, indicating a growth of about 213%[23] Inventory and Borrowings - The company’s inventory increased by 60.05% to ¥409,014,277.58, primarily due to increased trade purchases[9] - Long-term borrowings rose by 117.25% to ¥100,105,239.19, attributed to new share repurchase loans[9] - Short-term borrowings increased to ¥998,167,125.35 from ¥904,985,673.25, an increase of about 10.3%[19] Shareholder Information and Repurchase Plans - The company plans to repurchase shares using its own funds and a special loan from CITIC Bank, with a total repurchase amount between RMB 50 million and RMB 60 million[14] - As of March 31, 2025, the company has repurchased a total of 2,283,164 shares, accounting for 2.1982% of the total share capital, with a total transaction amount of RMB 50,078,346.40[15] - The company’s major shareholder, Chen Yongfu, directly holds 30.81% of the shares, while his spouse controls an additional 6.31% through a partnership, totaling 37.12% combined[12] - The top 10 unrestricted shareholders collectively hold 4.99% of the company's shares, with Zhejiang Caitong Capital and Hangzhou Caitong Youchuang Investment being significant contributors[12] - The company has approved a share repurchase plan to incentivize employees and support stock ownership plans, with a maximum repurchase price set at RMB 34.87 per share[14] - The company’s total share capital is expected to be reduced by approximately 143,390 to 172,070 shares through the repurchase plan[14] - The company’s board of directors has approved the reappointment of Tianzhi International Accounting Firm for the 2024 audit[15] - The company’s repurchase plan is set to be executed within 12 months from the board's approval date[14] Operational Metrics - The number of TEU (Twenty-foot Equivalent Units) serviced in Q1 2025 was 67,800, with 38,000 TEU from cross-border chemical logistics services[6] - Total operating costs amounted to ¥1,002,064,943.69, up from ¥627,664,891.64, indicating an increase of about 59.7%[21] - The net profit margin for the current period is not explicitly stated, but the increase in revenue suggests improved profitability metrics[21] - Cash and cash equivalents decreased to ¥653,013,808.34 from ¥793,897,222.38, a decline of approximately 17.7%[18] - Accounts receivable increased to ¥740,166,534.72 from ¥716,168,412.41, reflecting a rise of about 3.4%[18] - Inventory levels rose significantly to ¥409,014,277.58 from ¥255,555,180.71, marking an increase of approximately 60%[18]

Group 1 - The core point of the article is that Yongtaiyun (001228) reported significant growth in its financial performance for the first quarter of 2025, with a notable increase in both revenue and net profit [1] Group 2 - The company's revenue for Q1 2025 reached 1.058 billion yuan, representing a year-on-year growth of 57.81% [1] - The net profit for the same period was 37.4483 million yuan, showing an increase of 8.40% compared to the previous year [1]

证券代码：001228 证券简称：永泰运 公告编号：2025-035 永泰运化工物流股份有限公司 首次公开发行前已发行股份上市流通提示性公告 本公司及董事会全体成员保证公告内容的真实、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、永泰运化工物流股份有限公司（以下简称"公司""发行人""永泰 运"）首次公开发行前已发行股份本次解除限售的数量为 49,000,000 股，占公 司总股本的 47.18%。 2、公司首次公开发行前已发行股份本次解除限售股份的上市流通日期为 2025 年 4 月 29 日（星期二）。 二、申请解除股份限售股东履行承诺情况 一、首次公开发行前已发行股份概况 （一）首次公开发行股份情况 经中国证券监督管理委员会《关于核准永泰运化工物流股份有限公司首次 公开发行股票的批复》（证监许可[2022]707 号）的核准，并经深圳证券交易所 《关于永泰运化工物流股份有限公司人民币普通股股票上市的通知》（深证上 〔2022〕414 号）同意，公司首次公开发行的 25,970,000 股人民币普通股股 票，自 2022 年 4 月 29 日起在深圳证券交易所上市交易。 首次公开发行 ...

关于永泰运化工物流股份有限公司 首次公开发行前已发行股份上市流通的核查意见 甬兴证券有限公司 甬兴证券有限公司（以下简称"甬兴证券"或"保荐机构"）作为正在履行 永泰运化工物流股份有限公司（以下简称"永泰运"或"公司"）持续督导工作 的保荐机构，根据《证券发行上市保荐业务管理办法》《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 运作》等法律、法规、规章、规范性文件的规定，就关于永泰运部分首次公开发 行前已发行股份上市流通事项进行核查，具体情况如下： 一、首次公开发行前已发行股份概况 （一）首次公开发行股份情况 经中国证券监督管理委员会（以下简称"中国证监会"）《关于核准永泰运化 工物流股份有限公司首次公开发行股票的批复》（证监许可〔2022〕707 号）的核 准，并经深圳证券交易所《关于永泰运化工物流股份有限公司人民币普通股股票 上市的通知》（深证上〔2022〕414 号）同意，公司首次公开发行（以下简称"首 发"）的 25,970,000 股人民币普通股股票，自 2022 年 4 月 29 日起在深圳证券交 易所上市交易。 首次公开发行前，公司总股本为 7 ...

Investment Rating - The report maintains a "Buy" rating for the company [5] Core Views - The company achieved a revenue of 3.9 billion RMB in 2024, representing a year-on-year growth of 77%, while the net profit attributable to shareholders decreased by 41% to 90 million RMB [2] - The growth in revenue is attributed to increased operational volume and rising shipping prices, with a total service box volume of 309,600 TEU, up 25% year-on-year, and a significant increase in supply chain trade services revenue, which grew by 271% to 1.35 billion RMB [3] - The gross margin decreased to 10.5%, down 4.8 percentage points year-on-year, primarily due to the rapid growth of low-margin supply chain trade revenue [4] - The company announced a profit distribution plan, proposing a cash dividend of 3 RMB per 10 shares, totaling up to 29.79 million RMB, which represents 133.75% of the net profit for the year [4] Summary by Sections Performance Review - In Q4 2024, the company reported a revenue of 920 million RMB, a 49% increase year-on-year, but a net profit of -3 million RMB, a decline of 133% [2] Operational Analysis - The increase in revenue was driven by a 25% growth in operational box volume and a 65% rise in average shipping prices, with the CCFI index reaching 1551 points [3] Financial Metrics - The company recorded a gross margin of 10.5% and a total expense ratio of 3.9%, with significant reductions in sales, management, and R&D expense ratios [4] - The net profit forecast for 2025-2027 is set at 210 million RMB, 270 million RMB, and 350 million RMB respectively [5]

Investment Rating - The report maintains a "Buy" rating for the company [5] Core Views - The company achieved a revenue of 3.9 billion RMB in 2024, representing a year-on-year growth of 77%, while the net profit attributable to shareholders decreased by 41% to 90 million RMB [2] - The growth in revenue is attributed to increased operational volume and rising shipping prices, with a 25% increase in total container volume to 309,600 TEU and a 65% increase in average shipping prices [3] - The gross margin decreased to 10.5%, down 4.8 percentage points year-on-year, primarily due to the rapid growth of low-margin supply chain trade services [4] - The company announced a profit distribution plan, proposing a cash dividend of 3 RMB per 10 shares, totaling up to 29.79 million RMB [4] Summary by Sections Performance Review - In Q4 2024, the company reported a revenue of 920 million RMB, a 49% increase year-on-year, but a net profit of -3 million RMB, a decline of 133% [2] Operational Analysis - The operational volume increased by 25% to 309,600 TEU, with the cross-border chemical logistics segment growing by 13% [3] - The supply chain trade services revenue surged by 271% to 1.35 billion RMB [3] Financial Metrics - The gross margin for 2024 was 10.5%, with a significant drop attributed to the low-margin supply chain trade services [4] - The company recorded credit impairment losses of 60 million RMB and fair value losses of 70 million RMB, impacting net profit [4] Profit Forecast and Valuation - The net profit forecasts for 2025, 2026, and 2027 are 210 million RMB, 270 million RMB, and 350 million RMB, respectively [5]

Group 1 - The company has approved the extension of the project timeline for the "Yunhua Gong" one-stop visual logistics e-commerce platform from April 2025 to April 2027, without changing the investment content, total investment amount, or implementation entity [1][43] - The company has completed the "Annual Production of 8,000 Tons of Chemical Blending and Packaging and Supporting Storage Project," resulting in surplus raised funds of 7.1892 million yuan, which has been approved for permanent working capital supplementation [2][44] - The company has projected its daily related transactions for 2025 with associated parties to not exceed 78.5 million yuan, while the actual transactions for 2024 amounted to 20.7941 million yuan [3][4] Group 2 - The company has conducted a comprehensive review and impairment testing of its assets as of December 31, 2024, resulting in an impairment provision of 62.5209 million yuan and a fair value loss of 74.3118 million yuan, which will reduce the net profit attributable to shareholders by 135.1735 million yuan [26][33] - The company has confirmed the remuneration for directors, supervisors, and senior management for 2024 and proposed a remuneration plan for 2025, which will be submitted for approval at the 2024 annual general meeting [34][35] - The company has outlined the necessity and feasibility of the "Yunhua Gong" project, emphasizing its alignment with business development plans and national policy directions, while also highlighting the technological advancements that will support the project's implementation [47][50][51]