股票代码：002072 股票简称：凯瑞德 公告编号：2025-L038 被执行人：天津德棉矿业有限公司。 住所地：天津市津南经济开发区（西区）香港街 3 号 1 号楼 405-231 室。 统一社会信用代码：911201125929026053。 凯瑞德控股股份有限公司 本公司及董事会全体成员保证公告内容的真实、准确、完整，对公告的虚 假记载、误导性陈述或者重大遗漏负连带责任。 一、基本情况 凯瑞德控股股份有限公司（以下简称"公司"或"凯瑞德"）近日收到了广 东省高级人民法院（以下简称"广东高院"）书面送达的（2025）粤执监 63 号 《通知书》，广东高院驳回深圳市永惠源供应链有限公司的申诉请求。该案前期 情况详见公司分别于 2021 年 1 月 30 日、2021 年 3 月 17 日、2022 年 5 月 6 日、 讼事项的公告》（公告编号：2021-L012）、《关于重大诉讼事项的进展公告》 （公告编号：2021-L033）、《关于重大诉讼事项的进展公告》（公告编号： 公司部分银行账户被冻结的公告》（公告编号：2023-L069）、《关于诉讼事项 的进展公告》（公告编号：2024-L002）、《关于诉 ...

股票代码：002072 股票简称：凯瑞德 公告编号：2025-L038 凯瑞德控股股份有限公司 关于诉讼事项的进展公告 本公司及董事会全体成员保证公告内容的真实、准确、完整，对公告的虚 假记载、误导性陈述或者重大遗漏负连带责任。 一、基本情况 凯瑞德控股股份有限公司（以下简称"公司"或"凯瑞德"）近日收到了广 东省高级人民法院（以下简称"广东高院"）书面送达的（2025）粤执监 63 号 《通知书》，广东高院驳回深圳市永惠源供应链有限公司的申诉请求。该案前期 情况详见公司分别于 2021 年 1 月 30 日、2021 年 3 月 17 日、2022 年 5 月 6 日、 2023 年 6 月 13 日、2023 年 12 月 27 日、2024 年 1 月 26 日、2024 年 3 月 8 日、 2024 年 3 月 22 日、2024 年 12 月 31 日、2025 年 3 月 31 日披露的《关于重大诉 讼事项的公告》（公告编号：2021-L012）、《关于重大诉讼事项的进展公告》 （公告编号：2021-L033）、《关于重大诉讼事项的进展公告》（公告编号： 2022-L023）、《关于诉讼事项的进 ...

Core Viewpoint - The article summarizes significant announcements from various listed companies in the Shanghai and Shenzhen stock markets, highlighting changes in control, major asset acquisitions, and performance forecasts for the first half of 2025. Group 1: Control Changes and Stock Suspension - Yangdian Technology is planning a change in control, leading to a stock suspension starting July 14, 2025, for up to 2 trading days [3] - Yuanli Co. is also planning to acquire control of Fujian Tongsheng New Materials Technology, resulting in a stock suspension starting July 14, 2025, for up to 10 trading days [5] - Kanghua Bio is planning a change in control, with stock suspension starting July 14, 2025, for up to 2 trading days [6] - Fuda Alloy is planning to acquire at least 51% of Guangda Electronics, which constitutes a major asset restructuring but will not change the actual controller [7] Group 2: Performance Forecasts - Limin Co. expects a net profit of 260 million to 280 million yuan for H1 2025, a year-on-year increase of 719.25% to 782.27% due to rising sales and prices [9] - Zijin Mining anticipates a net profit of approximately 23.2 billion yuan for H1 2025, a year-on-year increase of about 54% [10] - Chunqiu Electronics forecasts a net profit of 90 million to 110 million yuan for H1 2025, an increase of 236.05% to 310.72% [11] - Jinqilin expects a net profit of around 106 million yuan for H1 2025, a year-on-year increase of 222.36% [12] - Beihua Co. anticipates a net profit of 98 million to 111 million yuan for H1 2025, a year-on-year increase of 182.72% to 220.23% [14] - Guojin Securities expects a net profit of 1.092 billion to 1.137 billion yuan for H1 2025, a year-on-year increase of 140% to 150% [15] - Jiu Yuan Silver Sea forecasts a net profit of 26.49 million to 32.25 million yuan for H1 2025, a year-on-year increase of 130% to 180% [16] - Lankai Technology expects a net profit of 1.1 billion to 1.2 billion yuan for H1 2025, a year-on-year increase of 85.5% to 102.36% [17] - Changcheng Securities anticipates a net profit of 1.335 billion to 1.407 billion yuan for H1 2025, a year-on-year increase of 85% to 95% [18] - Weilan Lithium Core expects a net profit of 300 million to 360 million yuan for H1 2025, a year-on-year increase of 79.29% to 115.15% [19] - Yinlong Co. forecasts a net profit of 161 million to 181 million yuan for H1 2025, a year-on-year increase of 60% to 80% [21] - Aopumai expects a net profit of approximately 37 million yuan for H1 2025, a year-on-year increase of 53.28% [22] - Bailong Dongfang anticipates a net profit of 350 million to 410 million yuan for H1 2025, a year-on-year increase of 50.21% to 75.97% [23] - Shanghai Electric expects a net profit of 1.754 billion to 2.087 billion yuan for H1 2025, a year-on-year increase of 32.18% to 57.27% [24] - Huazhong Securities expects a net profit of 1.035 billion yuan for H1 2025, a year-on-year increase of 44.94% [25] - Bailong Chuangyuan anticipates a net profit of 171 million yuan for H1 2025, a year-on-year increase of 42.68% [26] - Chengyi Pharmaceutical expects a net profit of 107 million to 119 million yuan for H1 2025, a year-on-year increase of 40% to 55% [27] - Jinhai Biological anticipates a net profit of 127 million to 141 million yuan for H1 2025, a year-on-year increase of 40% to 55% [28] - Kanda New Materials expects a net profit of 50 million to 55 million yuan for H1 2025, turning from loss to profit [29] - China Shenhua expects a net profit of 23.6 billion to 25.6 billion yuan for H1 2025, a year-on-year decrease of 8.6% to 15.7% [30] - ST Songfa anticipates a net profit of 580 million to 700 million yuan for H1 2025, turning from loss to profit [31] - Chengxing Co. expects a net profit of 16 million to 23 million yuan for H1 2025, turning from loss to profit [33] - Ningbo Fubon anticipates a net profit of 8 million to 12 million yuan for H1 2025, turning from loss to profit [34] - ST Yundong expects a loss of 100 million to 150 million yuan for H1 2025, worsening from the previous year [35] - Kairuide expects a loss of 15 million to 22 million yuan for H1 2025, turning from profit to loss [36] Group 3: Shareholding Changes - Defu Technology's shareholders plan to reduce their holdings by up to 4.04% [38] - Jinzhen Co.'s shareholders plan to reduce their holdings by up to 3.04% [39] - Shikong Technology's shareholder plans to reduce their holdings by up to 3% [40] - Qilu Bank's shareholder plans to reduce their holdings by up to 1.1% [41] - Zhongci Electronics' shareholder plans to reduce their holdings by up to 1% [42] - Jiamei Packaging's shareholders plan to reduce their holdings by up to 1% [43] - Saike Xide's shareholder plans to reduce their holdings by up to 1% [44] - Gongda High-tech's general manager plans to reduce their holdings by up to 0.3424% [46] - Qingyuan Co.'s shareholder plans to reduce their holdings by up to 273,800 shares [47] Group 4: Major Contracts - Dashijiang expects to win a procurement project worth 122 million yuan [49] - Robotech signed significant daily operational contracts worth approximately 14.18 million USD [50]

Corporate Announcements - Yangdian Technology is planning a change in control, leading to a suspension of its stock from July 14, 2025, for up to 2 trading days [3] - Degute is planning to acquire 100% of Haowei Technology through a combination of share issuance and cash payment, with stock resuming trading on July 14, 2025 [4] - Yuanli Co. is planning to acquire control of Fujian Tongsheng New Materials Technology, resulting in a stock suspension starting July 14, 2025, for up to 10 trading days [5] - Kanghua Bio is also planning a change in control, with stock suspension from July 14, 2025, for up to 2 trading days [6] - Fuda Alloy is planning to acquire at least 51% of Guangda Electronics, which will constitute a major asset restructuring but will not change the actual controller [7] Performance Forecasts - Limin Co. expects a net profit of 260 million to 280 million yuan for the first half of 2025, a year-on-year increase of 719.25% to 782.27% [9] - Zijin Mining anticipates a net profit of approximately 23.2 billion yuan for the first half of 2025, a year-on-year increase of about 54% [10] - Chunqiu Electronics forecasts a net profit of 9 million to 11 million yuan, an increase of 236.05% to 310.72% year-on-year [12] - Jinqilin expects a net profit of approximately 106 million yuan, a year-on-year increase of 222.36% [13] - Beihua Co. anticipates a net profit of 98 million to 111 million yuan, a year-on-year increase of 182.72% to 220.23% [14] - Guojin Securities expects a net profit of 1.092 billion to 1.137 billion yuan, a year-on-year increase of 140% to 150% [15] - Jiuyuan Silver Sea forecasts a net profit of 26.49 million to 32.25 million yuan, a year-on-year increase of 130% to 180% [16] - Lankai Technology expects a net profit of 1.1 billion to 1.2 billion yuan, a year-on-year increase of 85.5% to 102.36% [17] - Changcheng Securities anticipates a net profit of 1.335 billion to 1.407 billion yuan, a year-on-year increase of 85% to 95% [18] - Weilan Lithium Core expects a net profit of 300 million to 360 million yuan, a year-on-year increase of 79.29% to 115.15% [19] - Yinlong Co. forecasts a net profit of 161 million to 181 million yuan, a year-on-year increase of 60% to 80% [20] - Aopumai expects a net profit of approximately 37 million yuan, a year-on-year increase of 53.28% [22] - Bailong Dongfang anticipates a net profit of 350 million to 410 million yuan, a year-on-year increase of 50.21% to 75.97% [23] - Shanghai Electric expects a net profit of 1.754 billion to 2.087 billion yuan, a year-on-year increase of 32.18% to 57.27% [24] - Huazheng Securities reports a net profit of 1.035 billion yuan, a year-on-year increase of 44.94% [25] - Bailong Chuangyuan expects a net profit of 171 million yuan, a year-on-year increase of 42.68% [26] - Chengyi Pharmaceutical anticipates a net profit of 107 million to 119 million yuan, a year-on-year increase of 40% to 55% [27] - Jinhai Biological expects a net profit of 127 million to 141 million yuan, a year-on-year increase of 40% to 55% [28] - Kangda New Materials forecasts a net profit of 50 million to 55 million yuan, turning from loss to profit [29] - China Shenhua expects a net profit of 23.6 billion to 25.6 billion yuan, a year-on-year decrease of 8.6% to 15.7% [30] - ST Songfa anticipates a net profit of 580 million to 700 million yuan, turning from loss to profit [31] - Chengxing Co. expects a net profit of 16 million to 23 million yuan, turning from loss to profit [32] - Bofubang anticipates a net profit of 8 million to 12 million yuan, turning from loss to profit [33] - ST Yundong expects a loss of 100 million to 150 million yuan, an increase in loss compared to the previous year [34] - Kerryde expects a loss of 15 million to 22 million yuan, turning from profit to loss [35] Shareholding Changes - Defu Technology's shareholders plan to reduce their holdings by up to 4.04% [37] - Jinzhen Co.'s shareholders plan to reduce their holdings by up to 3.04% [38] - Shikong Technology's shareholder plans to reduce their holdings by up to 3% [39] - Qilu Bank's shareholder plans to reduce their holdings by up to 1.1% [40] - Zhongci Electronics' shareholder plans to reduce their holdings by up to 1% [41] - Jiamei Packaging's shareholders plan to reduce their holdings by up to 1% [42] - Saike Xide's shareholder plans to reduce their holdings by up to 1% [43] - Gongda High-Tech's general manager plans to reduce their holdings by up to 0.3424% [44] - Qingyuan Co.'s shareholder plans to reduce their holdings by up to 273,800 shares [45] Major Contracts - Dash Intelligent has been pre-awarded a procurement project worth 122 million yuan [46] - Robotech has signed significant daily operational contracts amounting to approximately 1.418 million USD [48]

[Kairuide Holdings Co., Ltd. 2025 Semi-Annual Performance Forecast](index=1&type=section&id=%E5%87%AF%E7%91%9E%E5%BE%B7%E6%8E%A7%E8%82%A1%E8%82%A1%E4%BB%BD%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B82025%E5%B9%B4%E5%8D%8A%E5%B9%B4%E5%BA%A6%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A) This report provides Kairuide Holdings Co., Ltd.'s preliminary performance forecast for the first half of 2025, detailing expected losses and contributing factors [Estimated Performance for the Current Period](index=1&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E8%AE%A1%E6%83%85%E5%86%B5) The company forecasts a net loss of **RMB 15 million to RMB 22 million** for the first half of 2025, a significant reversal from the prior year's profit Key Financial Performance Indicators | Item | Current Period (Jan 1 - Jun 30, 2025) | Prior Year Same Period | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders** | Loss: **RMB 15 million — RMB 22 million** | Profit: **RMB 4.6086 million** | | **Net Profit After Deducting Non-Recurring Gains and Losses** | Loss: **RMB 7 million — RMB 14 million** | Profit: **RMB 4.4339 million** | | **Basic Earnings Per Share** | Loss: **RMB 0.0408/share — RMB 0.0598/share** | Profit: **RMB 0.0125/share** | [Communication with Accounting Firm](index=1&type=section&id=%E4%BA%8C%E3%80%81%E4%B8%8E%E4%BC%9A%E8%AE%A1%E4%BA%8B%E5%8A%A1%E6%89%80%E6%B2%9F%E9%80%9A%E6%83%85%E5%86%B5) The financial data presented in this performance forecast remains unaudited by an accounting firm, representing preliminary internal calculations - The financial data in this performance forecast is unaudited by an accounting firm[3](index=3&type=chunk) [Explanation of Performance Change](index=1&type=section&id=%E4%B8%89%E3%80%81%E4%B8%9A%E7%BB%A9%E5%8F%98%E5%8A%A8%E5%8E%9F%E5%9B%A0%E8%AF%B4%E6%98%8E) The company's 2025 first-half loss is primarily attributed to declining coal trading gross margins due to market downturns and increased accrued and non-operating expenses - Key reasons for performance decline include decreased gross profit margin in coal trading due to market conditions, and increased accrued expenses and non-operating expenditures[4](index=4&type=chunk) [Risk Warning](index=1&type=section&id=%E5%9B%9B%E3%80%81%E9%A3%8E%E9%99%A9%E6%8F%90%E7%A4%BA) The company emphasizes that this performance forecast is preliminary, with final financial data subject to the officially disclosed 2025 semi-annual report, advising investor caution - This performance forecast is a preliminary estimate, with final data subject to the 2025 semi-annual report[5](index=5&type=chunk) - The company's designated information disclosure media are China Securities Journal and Juchao Information Network[5](index=5&type=chunk)

Group 1: Company Performance - Northern Rare Earth expects a net profit of 900 million to 960 million yuan for the first half of 2025, representing a year-on-year increase of 1882.54% to 2014.71% [1] - Muyuan Foods anticipates a net profit of 10.5 billion to 11 billion yuan for the first half of 2025, reflecting a year-on-year growth of 924.6% to 973.39% [2] - Hongta Securities projects a net profit of 651 million to 696 million yuan for the first half of 2025, indicating a year-on-year increase of 45% to 55% [3] Group 2: Business Developments - Dazhihui clarifies that it has not engaged in businesses related to "stablecoins," "virtual asset trading," or "cross-border payments," following a significant stock price fluctuation [4] - Bluetech announces a share transfer agreement where its actual controller will change, with the Ma'anshan Municipal Government becoming the actual controller after the transfer of 18% of shares [5] Group 3: Industry Trends - Jiangsu Electric Power reports a 5.01% year-on-year increase in electricity generation for the first half of 2025 [6] - Jin'an Guoji anticipates a non-recurring net profit growth of 4700% to 6300% for the first half of 2025 [6] - New Beiyang expects a non-recurring net profit growth of 650% to 720% for the first half of 2025 [6]

New Stock Offerings - 济川药业 (600566) has a tender offer period from June 18, 2025, to July 17, 2025[1] - *ST亚振 (603389) has a tender offer period from June 10, 2025, to July 9, 2025[1] - 中程退 (300208) has 10 trading days remaining until the last trading day[1] Delisting Notices - 退市锦港 (600190) has 10 trading days remaining until the last trading day[1] - 恒立退 (000622) has 7 trading days remaining until the last trading day[1] - 退市九有 (600462) has 6 trading days remaining until the last trading day[1] Trading Alerts - 工智退 (000584) has 4 trading days remaining until the last trading day[1] - 退市海越 (600387) last trading day is July 4, 2025[1] - 北方长龙 (301357) reported severe abnormal fluctuations[1]

Core Viewpoint - The stock of Zhongcheng Tui has been under pressure due to its delisting arrangement, with significant net selling observed from various brokerage firms [1][2]. Trading Performance - The stock closed flat with a turnover rate of 3.50% and a trading volume of 6.2393 million yuan, experiencing a price fluctuation of 16.67% throughout the day [1]. - The stock has appeared on the "Dragon and Tiger List" five times in the past six months, with an average price drop of 5.26% the day after being listed and an average decline of 8.63% over the following five days [2]. Capital Flow - On the day of reporting, the stock saw a net inflow of 25,900 yuan from main funds, with large orders showing a net outflow of 687,400 yuan and a net inflow of 713,400 yuan from smaller orders [2]. - Over the past five days, the main funds have seen a net inflow of 5.084 million yuan [2]. Brokerage Activity - The top five brokerage firms involved in trading on this day had a total transaction amount of 3.1615 million yuan, with buying amounting to 1.1611 million yuan and selling at 2.0004 million yuan, resulting in a net selling of 839,300 yuan [1]. - The largest buying brokerage was Changcheng Securities, with a purchase amount of 390,500 yuan, while the largest selling brokerage was China Merchants Securities, with a selling amount of 628,700 yuan [1].

Core Viewpoint - The automotive industry is increasingly extending payment terms to suppliers, with average payment periods exceeding 170 days, impacting the cash flow of smaller suppliers and leading to financial distress [1][3]. Group 1: Payment Terms in Automotive Industry - Domestic automotive companies have an average payment term of over 170 days, with some exceeding 240 days [1]. - Payment terms for upstream suppliers are typically extended by an additional two months, resulting in even longer payment cycles for Tier 2 and Tier 3 suppliers [3]. - The revised "Regulations on Payment of Small and Medium-sized Enterprises" mandates that large enterprises must pay small and medium-sized suppliers within 60 days of delivery [3]. Group 2: Retail Industry Payment Terms - In the retail sector, over 60% of retailers have payment terms exceeding 60 days, with the average payment term for the retail industry in 2024 being 62 days, a slight increase from 58 days in 2023 [5]. - The trade industry has a payment term of 46 days, while the general retail sector has a significantly longer payment term of 112 days [6]. - The professional chain industry has the shortest payment term at 21 days, while the internet e-commerce sector has a payment term of 78 days, which has decreased by 8 days from the previous year [6]. Group 3: Historical Trends and Regulations - Payment terms in the retail industry have generally increased from 2020 to 2024, with the general retail sector's payment term extending by 4 days and the internet e-commerce sector by 40 days [7]. - The "Retailer Supplier Fair Trade Management Measures" established in 2006 aimed to regulate payment terms, stating that payment should not exceed 60 days post-delivery [7][8]. - Despite regulations, many retailers continue to extend payment terms beyond the stipulated limits, particularly in the general retail sector, where terms can be nearly double the recommended period [8]. Group 4: Specific Company Cases - Baida Group has the longest payment term in the retail sector at 1,308 days, significantly influenced by its business model and low operating costs [10]. - Hangzhou Xie Bai follows with a payment term of 838 days, also due to its business model that minimizes financial risk [11]. - In contrast, Kairuide, operating in the trade sector, has the shortest payment term of just 1 day, reflecting its self-operated business model and focus on cash flow management [12].

Core Points - The Shanghai Composite Index closed at 3365.07 points, below the five-day moving average, with a change of 0.15% [1] - The total trading volume of A-shares reached 683.87 billion yuan [1] - A total of 820 A-shares have prices that surpassed the five-day moving average [1] Individual Stock Performance - SanDe Technology (300515) had a price increase of 19.98% with a deviation rate of 13.78% from the five-day moving average [2] - HaiXin Energy Technology (300072) saw a price increase of 20.06% with a deviation rate of 12.77% [2] - QiLin Information Security (688152) experienced a price increase of 13.18% with a deviation rate of 9.66% [2] - Other notable stocks include TengYuan Cobalt (301219) with a 14.39% increase and a 9.34% deviation rate, and Jiangsu BoYun (301003) with a 14.60% increase and a 9.11% deviation rate [2]