Core Viewpoint - The company has approved a plan to utilize part of its idle raised funds for cash management, aiming to enhance fund efficiency and increase returns while ensuring shareholder interests are protected [1] Group 1: Fund Management - The company will use up to 14.50 million yuan of temporarily idle raised funds for cash management [1] - The funds will be allocated to investment products that are high in safety, good in liquidity, and have a capital preservation commitment [1] - The usage period for these funds is effective for 12 months from the date of board approval [1] Group 2: Impact on Operations - This initiative is designed to improve the efficiency of raised fund utilization and increase financial returns [1] - The plan will not affect the progress of the investment projects funded by the raised capital or the company's normal production and operations [1]

中信建投证券股份有限公司 关于粤海永顺泰集团股份有限公司 使用部分闲置募集资金进行现金管理的核查意见 中信建投证券股份有限公司（以下简称"中信建投证券"或"保荐人"）作为粤 海永顺泰集团股份有限公司（以下简称"永顺泰"或"公司"）首次公开发行股票并 上市的保荐人，根据《证券发行上市保荐业务管理办法》《上市公司募集资金监 管规则》《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》《深圳证券交易所上市公司自律监管指 引第 13 号——保荐业务》等有关规定，对永顺泰本次使用部分闲置募集资金进 行现金管理的事项进行了审慎核查，核查情况及核查意见如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于核准粤海永顺泰集团股份有限公司首次公 开发行股票的批复》（证监许可〔2022〕2009 号）核准，公司首次公开发行人民 币普通股（A 股）股票 125,432,708 股，每股面值人民币 1.00 元，每股发行价格 为人民币 6.82 元，募集资金总额为人民币 855,451,068.56 元，扣除相关发行费用 后实际募集资金净额为人民币 794,245,421.4 ...

证券代码：001338 证券简称：永顺泰 公告编号：2025-038 1 合伙）进行了审验，并出具了《粤海永顺泰集团股份有限公司首次公开发行人民币 普通股 A 股验资报告》（普华永道中天验字（2022）第 0862 号）。 粤海永顺泰集团股份有限公司 二、募集资金的实际使用情况 （一）募集资金投资项目资金使用情况 关于使用部分闲置募集资金进行现金管理的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 粤海永顺泰集团股份有限公司（以下简称"公司"）于 2024 年 10 月 24 日分别 召开第二届董事会第十次会议、第二届监事会第九次会议，分别审议通过了《关于 使用部分闲置募集资金进行现金管理的议案》，同意公司（含子公司）使用不超过 人民币 0.4 亿元（含本数）的暂时闲置的募集资金进行现金管理，使用期限为自董 事会审议通过之日起 12 个月内。具体内容详见公司于 2024 年 10 月 28 日在巨潮资 讯网（www.cninfo.com.cn，下同）披露的《关于使用部分闲置募集资金进行现金管 理的公告》（公告编号：2024-039）。 因上述使用部分暂时 ...

证券代码：001338 证券简称：永顺泰 公告编号：2025-036 粤海永顺泰集团股份有限公司 第二届董事会第二十一次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 一、董事会会议召开情况 粤海永顺泰集团股份有限公司（以下简称"公司"）第二届董事会第二十一次 会议（以下简称"本次会议"）于 2025 年 10 月 24 日在公司会议室以现场及通讯方 式召开。因审议事项紧急，经全体董事一致同意，豁免本次会议的通知时限要求。 本次会议应到董事 8 名，实到董事 8 名，其中以通讯方式出席会议的董事有肖昭义、 伍兴龙、陆健、陈敏、王卫永。公司高级管理人员、纪委书记列席了会议。本次会 议的召集和召开程序符合《中华人民共和国公司法》和《粤海永顺泰集团股份有限 公司章程》的规定。 二、董事会会议审议情况 经与会董事审议，作出以下决议： （一）审议通过《关于公司<2025 年第三季度报告>的议案》。 表决结果：同意 8 票，反对 0 票，弃权 0 票，议案通过。 （二）审议通过《关于使用部分闲置募集资金进行现金管理的议案》。 同意公司（含子公司）使用不超过人 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥997,992,556.11, a decrease of 12.80% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2025 was ¥83,843,404.20, an increase of 60.54% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥81,826,055.57, up 41.52% from the previous year[5] - The basic earnings per share for Q3 2025 was ¥0.17, reflecting a 70.00% increase compared to the same period last year[5] - Total operating revenue for the current period is ¥3,220,853,735.91, a decrease of 2.77% from ¥3,312,088,895.04 in the previous period[19] - Net profit for the current period is ¥252,953,081.30, an increase of 15.1% compared to ¥219,728,140.70 in the previous period[19] - The total comprehensive income attributable to the parent company was approximately ¥252.63 million, an increase from ¥219.75 million in the previous period, reflecting a growth of about 15%[20] - Basic and diluted earnings per share increased to ¥0.50 from ¥0.44, representing a growth of approximately 13.64%[20] Assets and Liabilities - Total assets as of September 30, 2025, amounted to ¥4,297,477,191.96, representing a 1.15% increase from the end of the previous year[5] - Total current assets increased to ¥3,022,262,643.50 from ¥2,977,116,618.92, showing a growth of 1.52%[18] - Total non-current assets slightly increased to ¥1,275,214,548.46 from ¥1,271,442,646.77, a growth of 0.22%[18] - Total liabilities decreased to ¥574,837,700.43 from ¥628,032,201.97, a reduction of 8.47%[18] - Total equity attributable to shareholders increased to ¥3,722,639,491.53 from ¥3,620,527,063.72, reflecting a growth of 2.82%[18] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥1,255,431,741.43, a decrease of 28.45% compared to the previous year[5] - The net cash flow from financing activities decreased by 45.00%, mainly due to reduced cash inflow from new borrowings[10] - Cash inflows from financing activities totaled approximately ¥318.65 million, compared to ¥718.44 million in the previous period, indicating a decrease of about 55.7%[21] - Cash outflows for debt repayment amounted to approximately ¥1.06 billion, down from ¥2.18 billion, showing a reduction of about 51.5%[21] - The impact of exchange rate fluctuations on cash and cash equivalents was approximately ¥550.22 million, compared to ¥37.02 million in the previous period, indicating a significant increase[21] Investments and Projects - The company reported a significant increase in prepayments for raw material purchases, with a rise of 304.2% in advance payments[9] - The company recorded a 494.6% increase in construction in progress, attributed to increased investment in the Baomai Phase II project[9] - The company plans to invest CNY 259 million in a new 50,000 tons/year specialty malt production line to enhance high-end malt production capacity[13] - The company has completed the construction of the new malt production line's civil works and is currently installing equipment[13] - The company has increased its investment in the subsidiary Baomai by CNY 103 million to support the new production line project[13] Shareholder Information - The total number of common shareholders at the end of the reporting period is 36,354[12] - The largest shareholder, Dongyuehai Holdings Group Co., Ltd., holds 51.52% of shares, totaling 258,478,227 shares[12] - The top ten shareholders do not participate in margin financing activities[12] Financial Expenses - The company experienced a 76.34% reduction in financial expenses, primarily due to decreased financing and interest expenses[10] - Financial expenses decreased to ¥5,094,428.90 from ¥21,533,308.89, a reduction of 76.3%[19]

Core Insights - The agricultural processing sector experienced a decline of 0.49% on October 20, with Baolingbao leading the drop [1] - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index closed at 12813.21, up 0.98% [1] Sector Performance - The following companies in the agricultural processing sector showed notable performance: - *ST Jiawo (300268): Closed at 10.47, up 3.97% with a trading volume of 16,000 shares and a turnover of 16.58 million yuan [1] - ST Langyuan (300175): Closed at 6.15, up 3.71% with a trading volume of 77,000 shares and a turnover of 47.05 million yuan [1] - Guotou Zhonglu (600962): Closed at 20.73, up 1.67% with a trading volume of 27,100 shares and a turnover of 56.22 million yuan [1] - *ST Zhongxi (000972): Closed at 3.84, up 1.32% with a trading volume of 110,400 shares and a turnover of 41.99 million yuan [1] - Tianye Co., Ltd. (920023): Closed at 4.27, up 1.18% with a trading volume of 43,300 shares and a turnover of 18.48 million yuan [1] Capital Flow - The agricultural processing sector saw a net outflow of 233 million yuan from main funds, while retail investors contributed a net inflow of 166.7 million yuan [3] - Speculative funds recorded a net inflow of 66.6 million yuan into the sector [3]

Market Overview - The agricultural processing sector experienced a decline of 1.31% on October 16, with Yizhi Mohu leading the drop [1] - The Shanghai Composite Index closed at 3916.23, up 0.1%, while the Shenzhen Component Index closed at 13086.41, down 0.25% [1] Stock Performance - Notable gainers included: - *ST Zhongji (000972): Closed at 3.91, up 3.71% with a trading volume of 226,300 shares and a turnover of 88.57 million yuan [1] - Chenguang Biological (300138): Closed at 14.48, up 1.97% with a trading volume of 200,300 shares and a turnover of 29.06 million yuan [1] - Major decliners included: - Yizhi Mohu (920273): Closed at 36.48, down 3.92% with a trading volume of 28,100 shares and a turnover of 104 million yuan [2] - Zhongliang Sugar Industry (600737): Closed at 15.35, down 3.64% with a trading volume of 326,100 shares and a turnover of 506 million yuan [2] Capital Flow - The agricultural processing sector saw a net outflow of 159 million yuan from institutional investors, while retail investors contributed a net inflow of 119 million yuan [2][3] - Key stocks with significant capital flow include: - Baolingbao (002286): Net inflow from institutional investors was 14.72 million yuan, while retail investors had a net outflow of 7.73 million yuan [3] - Shuangta Food (002481): Institutional net inflow was 6.53 million yuan, with retail investors showing a net inflow of 1.95 million yuan [3]

Core Viewpoint - Yongshuntai's stock price has experienced fluctuations, with a recent decline of 2.00% and a year-to-date increase of 10.96%, indicating mixed market sentiment towards the company [1]. Company Overview - Yongshuntai Group Co., Ltd. is located in Guangzhou Economic and Technological Development Zone, established on December 20, 2017, and listed on November 16, 2022. The company primarily engages in the research, production, and sales of malt [1]. - The main revenue sources for Yongshuntai include malt product sales (96.03%), sales of by-products and raw materials (2.35%), export shipping and management consulting services (1.59%), and other sales (0.04%) [1]. Financial Performance - For the first half of 2025, Yongshuntai achieved operating revenue of 2.223 billion yuan, representing a year-on-year growth of 2.55%. The net profit attributable to the parent company was 169 million yuan, with a growth of 0.96% [2]. - Since its A-share listing, Yongshuntai has distributed a total of 233 million yuan in dividends [3]. Shareholder Information - As of June 30, 2025, Yongshuntai had 44,000 shareholders, an increase of 19.19% from the previous period. The average number of circulating shares per person decreased by 16.10% to 5,362 shares [2]. - The top ten circulating shareholders include the Beer ETF (512690) as the fourth largest, holding 4.8838 million shares, an increase of 764,400 shares compared to the previous period. Hong Kong Central Clearing Limited is the eighth largest shareholder, holding 1.4202 million shares, a decrease of 319,170 shares [3]. Market Activity - On October 16, Yongshuntai's stock price was reported at 11.74 yuan per share, with a trading volume of 122 million yuan and a turnover rate of 4.36%. The total market capitalization stood at 5.890 billion yuan [1]. - The stock has seen a net outflow of main funds amounting to 15.6723 million yuan, with significant selling pressure observed [1].

Core Viewpoint - The company announces the resignation of two board members, Wu Xinglong and Zhu Guang, due to work arrangements, and expresses gratitude for their contributions during their tenure [1][2]. Group 1: Resignation of Board Members - Wu Xinglong has resigned from his position as a director and a member of the audit committee, effective after the appointment of a new committee member, ensuring compliance with legal requirements [1]. - Zhu Guang has also resigned from her position as a director, with her resignation taking effect immediately, and it will not affect the normal operations of the board [2]. Group 2: Company Compliance and Future Actions - The resignations do not lead to a violation of the minimum number of board members as per relevant laws and regulations [1][2]. - The company will expedite the process of appointing new board members to maintain the functionality of the audit committee and the board [1][2].

Core Insights - The agricultural processing sector saw a 0.8% increase on October 15, with Zunming Co. leading the gains [1] - The Shanghai Composite Index closed at 3912.21, up 1.22%, while the Shenzhen Component Index closed at 13118.75, up 1.73% [1] Agricultural Processing Sector Performance - Zunming Co. (003030) closed at 19.54, up 5.51% with a trading volume of 38,800 lots and a transaction value of 74.5 million yuan [1] - Guangnong Sugar Industry (000911) closed at 7.68, up 4.77% with a trading volume of 236,200 lots and a transaction value of 183 million yuan [1] - Yongshuntai (001338) closed at 11.98, up 4.63% with a trading volume of 269,200 lots and a transaction value of 324 million yuan [1] - Other notable performers include Guotou Zhonglu (600962) at 21.99 (+3.82%), Baolingbao (002286) at 9.97 (+3.10%), and Suobao Protein (603231) at 19.05 (+1.65%) [1] Capital Flow Analysis - The agricultural processing sector experienced a net inflow of 23.09 million yuan from main funds, while retail funds saw a net outflow of 23.04 million yuan [2] - Main funds showed significant inflows in Yongshuntai (6.01 million yuan) and Guangnong Sugar Industry (2.88 million yuan) [3] - Retail investors had notable outflows in Yongshuntai (-40.62 million yuan) and Guangnong Sugar Industry (-24.46 million yuan) [3]