证券日报网讯三羊马9月16日在互动平台回答投资者提问时表示，截至2025年9月10日，公司含信用账户 合并人数为16，546户。 （文章来源：证券日报） ...

二、会议议案审议及表决情况 第四届董事会第四次会议决议公告 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 三羊马（重庆）物流股份有限公司（以下简称"公司"）第四届董事会第四次会 议于 2025 年 9 月 16 日在重庆以现场结合通讯方式召开，会议通知已于 2025 年 9 月 16 日送达各位董事，经全体董事同意，豁免本次会议的通知时限。会议由董事长召集 并主持，应到董事 7 人，实到董事 7 人。会议召集、召开、议案审议程序等符合相关 法律、行政法规、部门规章、规范性文件和《公司章程》的有关规定。 证券代码：001317 证券简称：三羊马 公告编号：2025-071 债券代码：127097 债券简称：三羊转债 三羊马（重庆）物流股份有限公司 回避表决情况：本议案不涉及回避表决情况。 提交股东会表决情况：本议案无需提交股东会审议。 （1）第四届董事会第四次会议决议 特此公告。 三羊马（重庆）物流股份有限公司 具体内容详见公司同日在巨潮资讯网（http://www.cninfo.com.cn）上披露的《关 于提前赎回"三羊转债"的公告 ...

证券代码：001317 证券简称：三羊马 公告编号：2025-072 债券代码：127097 债券简称：三羊转债 三羊马（重庆）物流股份有限公司 关于提前赎回"三羊转债"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。 特别提示： 1、"三羊转债"赎回价格：100.49 元/张（含当期应计利息，当期年利率为 0.50%， 且当期利息含税），扣税后的赎回价格以中国证券登记结算有限责任公司深圳分公司 （以下简称"中登公司"）核准的价格为准。 4、"三羊转债"赎回登记日：2025 年 10 月 16 日 5、"三羊转债"停止转股日：2025 年 10 月 17 日 6、"三羊转债"赎回日：2025 年 10 月 17 日 7、发行人资金到帐日（到达中登公司账户）：2025 年 10 月 22 日 8、投资者赎回款到账日：2025 年 10 月 24 日 9、赎回类别：全部赎回 2、赎回条件满足日：2025 年 9 月 16 日 3、"三羊转债"停止交易日：2025 年 10 月 14 日 10、最后一个交易日可转债简称：Z 羊转债 11、根据安排，截至 202 ...

申港证券股份有限公司 关于三羊马（重庆）物流股份有限公司 提前赎回"三羊转债"的核查意见 申港证券股份有限公司（以下简称"申港证券"或"保荐机构"）作为三羊 马（重庆）物流股份有限公司（以下简称"三羊马"或"公司"）公开发行可转 换公司债券的保荐机构，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（2025 年修订）》以及《深圳证券交易所上市公司自律监管指引 第 13 号——保荐业务》等相关规定，对公司本次提前赎回可转换公司债券（以 下简称"三羊转债"）的事项进行了核查，核查情况如下： 一、可转换公司债券发行上市情况 （一）可转债发行情况 延期间付息款项不另计息）。 （四）可转债转股价格历次调整情况 1、"三羊转债"的初始转股价格为 37.65 元/股。 经中国证券监督管理委员会《关于同意三羊马（重庆）物流股份有限公司向 不特定对象发行可转换公司债券注册的批复》（（证监许可〔2023〕1981 号）核准， 公司于 2023 年 10 月 26 日向不特定对象发行了可转换公司债券 2,100,000 张，每 张面值 1 ...

上海市汇业（重庆）律师事务所 关于三羊马（重庆）物流股份有限公司 上海市汇业（重庆）律师事务所 关于三羊马（重庆）物流股份有限公司 提前赎回可转换公司债券的 法律意见书 法律意见书 提前赎回可转换公司债券的 二〇二五年九月 法律意见书 致：三羊马（重庆）物流股份有限公司 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共 和国证券法》（以下简称"《证券法》"）、《可转换公司债券管理办法》（以下 简称"《管理办法》"）、《深圳证券交易所上市公司自律监管指引第 15 号—— 可转换公司债券》（以下简称"《监管指引》"）等有关法律、法规、规范性文件 和《三羊马（重庆）物流股份有限公司发行可转换公司债券募集说明书》（以下 简称"《募集说明书》"）的规定，上海市汇业（重庆）律师事务所（以下简称"本 所"）接受三羊马（重庆）物流股份有限公司（以下简称"公司或发行人"）的委 托，对公司可转换公司债券提前赎回（以下简称"本次赎回"）的相关事宜进行核 查，并出具本法律意见书。 为出具本法律意见书，本所及本所律师特作如下声明： （一）本所及本所律师根据《中华人民共和国证券法》、《律师事务所从事 证券法律业务管理 ...

Group 1 - The core viewpoint of the article highlights the strong performance of major tea beverage brands in the first half of 2025, with total revenue exceeding 33 billion yuan and net profits surpassing 5.5 billion yuan despite a challenging market environment [1][2] - Six major tea brands reported significant revenue growth, with Mixue Ice City achieving 14.87 billion yuan in revenue and 2.72 billion yuan in net profit, reflecting year-on-year increases of 39.3% and 44.1% respectively [2][3] - The takeaway from the performance indicates that delivery services have become a crucial driver for revenue growth among tea brands, with platforms like JD.com reporting over 100 million orders for brands like Mixue Ice City within four months of launching [5][6] Group 2 - The industry is witnessing a trend of closing unprofitable stores, with over 2,500 franchise locations shut down by leading tea brands in the first half of the year, as companies shift focus from expansion to improving profitability [9][11] - Companies like Nayuki Tea and Guming have adopted strategies to enhance operational efficiency by closing underperforming stores while focusing on direct-operated models, resulting in improved sales performance [11][12] - The strategy of targeting lower-tier markets remains a priority, with brands like Guming increasing their store presence in second-tier and below cities, which now account for 81% of their total stores [12][13] Group 3 - Major tea brands are diversifying their product offerings, with coffee becoming a common strategic choice, as seen with Guming and others integrating coffee into their existing store formats [13][15] - Nayuki Tea has launched a new light food and beverage concept, expanding its product range to include healthy options and all-day dining, thereby broadening its consumer appeal [18] - The exploration of new store formats and product lines is seen as a key strategy for brands to capture additional market share and adapt to varying consumer needs across different city tiers [17][18]

Company Overview - Sanyangma (Chongqing) Logistics Co., Ltd. is located in Shapingba District, Chongqing, and was established on September 6, 2005. It was listed on November 30, 2021. The company primarily engages in comprehensive transportation services for complete vehicles, non-automotive goods, and warehousing services [2] - The revenue composition of Sanyangma includes: 60.54% from automotive logistics services, 36.66% from non-automotive goods logistics services, 1.60% from warehousing services, and 1.19% from other services [2] - Sanyangma belongs to the transportation industry, specifically the railway and highway sector, and is associated with concepts such as unified market, cross-border e-commerce, express delivery, smart logistics, and the Belt and Road Initiative [2] Financial Performance - As of August 29, Sanyangma had 12,800 shareholders, a decrease of 12.77% from the previous period, with an average of 2,288 circulating shares per shareholder, an increase of 14.63% [2] - For the first half of 2025, Sanyangma achieved operating revenue of 776 million yuan, representing a year-on-year growth of 48.13%. However, the net profit attributable to the parent company was -12.99 million yuan, a decrease of 226.66% year-on-year [2] Stock Performance - On September 15, Sanyangma's stock price increased by 2.04%, reaching 49.13 yuan per share, with a trading volume of 139 million yuan and a turnover rate of 9.77%. The total market capitalization is 3.933 billion yuan [1] - Year-to-date, Sanyangma's stock price has risen by 77.56%, with a 4.09% increase over the last five trading days, a 3.93% increase over the last 20 days, and a 17.40% increase over the last 60 days [1] - Sanyangma has appeared on the "Dragon and Tiger List" twice this year, with the most recent appearance on September 4, where it recorded a net buy of -70.03 million yuan, with total purchases of 94.8468 million yuan (17.34% of total trading volume) and total sales of 165 million yuan (30.15% of total trading volume) [1] Dividend Information - Since its A-share listing, Sanyangma has distributed a total of 57.6294 million yuan in dividends, with 25.6134 million yuan distributed over the past three years [3]

（文章来源：证券时报网） 三羊马9月8日披露，截至8月31日公司股东户数为12840户，较上期（8月20日）减少1879户，环比降幅 为12.77%。 证券时报·数据宝统计，截至发稿，三羊马收盘价为47.20元，下跌0.94%，本期筹码集中以来股价累计 上涨1.75%。具体到各交易日，6次上涨，7次下跌，其中，涨停1次。 公司发布的半年报数据显示，上半年公司共实现营业收入7.76亿元，同比增长48.13%，实现净利 润-1299.96万元，同比下降226.66%，基本每股收益为-0.1600元。（数据宝） ...

Market Overview - On September 5, the railway and highway sector declined by 0.44% compared to the previous trading day, with San Yang Ma leading the decline [1] - The Shanghai Composite Index closed at 3812.51, up 1.24%, while the Shenzhen Component Index closed at 12590.56, up 3.89% [1] Stock Performance - Notable gainers in the railway and highway sector included: - Longjiang Transportation (601188) with a closing price of 3.66, up 6.40% and a trading volume of 951,600 shares, totaling 345 million yuan [1] - Hainan Highway (000886) with a closing price of 6.42, up 2.56% and a trading volume of 236,800 shares, totaling 150 million yuan [1] - Conversely, significant decliners included: - San Feng Ma (001317) with a closing price of 47.65, down 3.56% and a trading volume of 86,500 shares, totaling 412 million yuan [2] - Zhaoshang Highway (001965) with a closing price of 10.12, down 1.84% and a trading volume of 218,200 shares, totaling 221 million yuan [2] Capital Flow - The railway and highway sector saw a net inflow of 19.68 million yuan from institutional investors, while retail investors experienced a net outflow of 81.86 million yuan [2][3] - Key stocks with significant capital flow included: - Longjiang Transportation (601188) with a net inflow of 39.08 million yuan from institutional investors [3] - Hainan Highway (000886) with a net inflow of 17.54 million yuan from institutional investors [3]

Market Overview - On September 4, the railway and highway sector rose by 0.39% compared to the previous trading day, with Sanfengma leading the gains [1] - The Shanghai Composite Index closed at 3765.88, down 1.25%, while the Shenzhen Component Index closed at 12118.7, down 2.83% [1] Stock Performance - Notable gainers in the railway and highway sector included: - Sanfengma (001317) with a closing price of 49.41, up 2.55% [1] - Jiangxi Changyun (600561) with a closing price of 6.86, up 2.08% [1] - Jinjiang Online (600650) with a closing price of 15.98, up 1.78% [1] - Other stocks with positive performance included: - Haikong Group (603069) up 1.77% [1] - Hunan Investment (000548) up 1.32% [1] Trading Volume and Capital Flow - The railway and highway sector experienced a net outflow of 139 million yuan from institutional investors, while retail investors saw a net inflow of 218 million yuan [2][3] - The trading volume for major stocks included: - Chongqing Road and Bridge (600106) with a trading volume of 481,900 shares, down 3.12% [2] - Sanchuan Tourism (002627) with a trading volume of 880,000 shares, down 1.39% [2] Capital Inflow Analysis - Key stocks with significant capital inflow included: - Sanfengma (001317) with a net inflow of 24.32 million yuan from institutional investors [3] - Jinghu High-speed Railway (601816) with a net inflow of 16.34 million yuan from institutional investors [3] - Conversely, stocks like Jinjiang Online (600650) and Wuzhou Transportation (600368) saw net outflows from retail investors [3]