证券代码：002394 证券简称：联发股份 公告编号：LF2025-035 江苏联发纺织股份有限公司 第六届董事会第十三次会议决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在虚假记载、 误导性陈述或者重大遗漏。 江苏联发纺织股份有限公司（以下简称"公司"）第六届董事会第十三次会 议通知于 2025 年 9 月 4 日以邮件通知方式发出，会议于 2025 年 9 月 8 日上午以 现场和通讯相结合的方式召开。会议应参加表决的董事 9 名，实际参加表决的董 事 9 名（其中现场出席董事 4 名，董事于银军先生、孔令国先生、独立董事申嫦 娥女士、赵曙明先生、高卫东先生以通讯表决方式出席会议），全体高管列席了 会议。会议由董事长潘志刚先生主持，会议召开符合《中华人民共和国公司法》 和《公司章程》的规定。经与会董事认真审议并表决，通过了以下事项： 一、关于公司董事会换届选举暨提名第七届董事会董事候选人的议案 审议结果：董事会以 9 票赞成，0 票反对，0 票弃权，一致通过该议案。 董事会中兼任公司高级管理人员以及由职工代表担任的董事人数总计未超 过公司董事总数的二分之一。 本议案尚需提交公司 202 ...

Core Insights - As of August 29, 2025, the number of shareholders for Lianfa Co., Ltd. (002394) is reported to be 25,229 [1]

联发股份9月1日大宗交易平台出现一笔成交，成交量88.00万股，成交金额996.16万元，大宗交易成交价 为11.32元，相对今日收盘价溢价4.91%。该笔交易的买方营业部为西南证券股份有限公司湖南分公司， 卖方营业部为西南证券股份有限公司岳阳通海南路证券营业部。 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 （文章来源：证券时报网） 9月1日联发股份大宗交易一览 | 成交量 | 成交金额 | 成交价 | 相对当日收盘折 | | | | --- | --- | --- | --- | --- | --- | | （万 | （万元） | 格 | 溢价（%） | 买方营业部 | 卖方营业部 | | 股） | | （元） | | | | | 88.00 | 996.16 | 11.32 | 4.91 | 西南证券股份有限 | 西南证券股份有限公司岳阳 | | | | | | 公司湖南分公司 | 通海南路证券营业部 | 证券时报·数据宝统计显示，联发股份今日收盘价为10.79元，上涨4.86%，日换手率为6.85%，成交额为 2.32亿元，全天主力资金净流入1012.06万元，近5日该股累计下跌1.9 ...

| 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交星 | 成交金额 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | (万元) | | | | 2025-09-01 | 002394 | 联发股份 | 11.32 | 88.00 | | 996.16 西南证券股份有限 | 西南证券股份有限 | | | | | | | | 公司湖南分公司 | 公司岳阳通海南路 | | | | | | | | | 证券营业部 | 9月1日，联发股份大宗交易成交88万股，成交额996.16万元，占当日总成交额的4.11%，成交价11.32元，较市场收盘价10.79 元溢价4.91%。 ...

Group 1: Financial Performance - The company's operating cash flow net amount reached 573 million, a year-on-year increase of 99.3%, marking a historical high for the same period [3] - The company's revenue decreased by 17.93% year-on-year in the first half of the year, attributed mainly to a reduction in raw material trading income [3] Group 2: Strategic Initiatives - The company is focusing on "green, low-carbon, and technology" development directions, integrating these principles into its overall business strategy [2] - Plans to enhance high-margin products such as high-end colored woven fabrics and home textile fabrics through governance structure adjustments, smart manufacturing investments, and market expansion efforts [3] Group 3: Project Updates - The domestic intelligent warehousing center project has not yet been initiated [3] - The company is actively developing products and services that align with market trends through quarterly and project-based development [2]

Group 1 - The company emphasizes its commitment to shareholder returns and aims to enhance its core competitiveness and management capabilities [1] - The company is dedicated to creating long-term stable value for shareholders and sharing the results of its development with them [1]

Group 1 - The stock price of Lianfa Co., Ltd. is reported at 10.39 yuan, down 0.38 yuan or 3.53% from the previous trading day, with a trading volume of 174,900 hands and a transaction amount of 186 million yuan [1] - Lianfa Co., Ltd. operates in the textile and apparel sector, producing and selling products such as colored woven fabrics and home textile materials, with a complete industry chain including processes like flower rolling, spinning, weaving, dyeing, and garment manufacturing [1] - The company reported a revenue of 2.027 billion yuan and a net profit attributable to shareholders of 184 million yuan for the first half of 2025, representing a year-on-year increase of 274.12%, with a non-recurring net profit of 129 million yuan, up 23.8% [1] Group 2 - The increase in profit is primarily attributed to a rise in non-recurring income and cost optimization, along with an increase in the proportion of high-end products, which has driven up the gross profit margin [1] - The operating cash flow net amount reached 573 million yuan, marking a year-on-year increase of 99.3%, setting a new high for the same period [1] - On August 27, Lianfa Co., Ltd. experienced a net outflow of main funds amounting to 28.993 million yuan, with a cumulative net outflow of 42.086 million yuan over the past five days [2]

Core Viewpoint - The A-share market is witnessing a resurgence of listed companies engaging in stock trading, with significant investment plans announced by several firms, although some have already retracted their plans shortly after disclosure [1][2]. Group 1: Investment Plans - Jiangsu Guotai initially planned to use up to 120 billion yuan for entrusted wealth management and 18.306 billion yuan for securities investment, but later terminated part of this plan [2][6]. - Other companies like Lio Co., Fanda Carbon, and Seven Wolves have also announced substantial investment plans, with Lio Co. planning to invest up to 30 billion yuan [3][4]. - Seven Wolves reported that its investment income and fair value changes accounted for over 70% of its total profit, despite experiencing a decline in its own performance [1][11]. Group 2: Historical Context - Jiangsu Guotai has a history of stock trading dating back ten years, with increasing investment amounts over the years [5][6]. - Lio Co. has also been involved in stock investments since 2016, with its investment amounts rising from 20 billion yuan to 30 billion yuan [10][7]. Group 3: Performance Outcomes - Jiangsu Guotai reported cumulative fair value changes of -71.96 million yuan for the first half of the year, indicating ongoing losses from its investments [9][10]. - Lio Co.'s investment in Li Auto led to significant profits in 2020, but subsequent years saw fluctuations in investment returns, including a net loss of 441 million yuan in 2022 [10][11]. - Seven Wolves' stock trading activities generated a profit of 37.94 million yuan, but the company faced a decline in revenue and net profit in the same period [11].

Core Viewpoint - The resurgence of stock trading among listed companies in the A-share market, with significant investments planned for securities trading and wealth management products, despite some companies terminating their plans shortly after announcement [1][2][8]. Group 1: Investment Plans - Jiangsu Guotai planned to use up to 138.3 billion yuan for wealth management and securities investment but terminated part of the plan shortly after [1][2]. - Other companies like Liou Co., Fangda Carbon, and Qipilang also announced plans to invest over 10 billion yuan in stock trading [1][2][3]. - Yidian Tianxia increased its planned investment from 1 million yuan to 5 million yuan for securities trading [3]. Group 2: Historical Context - Jiangsu Guotai has a history of stock trading for over ten years, with significant investments recorded in previous years [5][6]. - Liou Co. has also been involved in stock investments since 2016, with a notable increase in investment amounts over the years [6][7]. Group 3: Performance and Returns - Jiangsu Guotai reported a cumulative fair value change loss of 71.96 million yuan in the first half of the year, with total losses exceeding 200 million yuan over recent years [8][10]. - Liou Co.'s investment in Li Auto resulted in significant fluctuations in returns, with a peak profit of 60 billion yuan in 2020, but a loss of 4.41 billion yuan in 2022 [10]. - Seven Wolves reported that their securities investment accounted for over 70% of their total profit, despite facing a decline in overall performance [10][11].

Core Viewpoint - The A-share market is witnessing a resurgence in stock trading activities by listed companies, with significant investments planned for securities trading and wealth management products, although some companies have recently halted their investment plans [2][3]. Group 1: Investment Plans - Jiangsu Guotai planned to use up to 138.3 billion yuan for wealth management and securities investment but terminated the investment shortly after the announcement [2][3]. - Other companies, such as Lio Co., planned to invest up to 30 billion yuan in securities, while Fangda Carbon and Qipilang also announced significant investment plans [4]. - Yidian Tianxia increased its planned investment from 1 million yuan to 5 million yuan for securities trading [5]. Group 2: Investment Performance - Seven Wolves reported that its investment in stocks like Kweichow Moutai and Tencent accounted for over 70% of its total profit, despite experiencing a decline in its own performance [2][11]. - Jiangsu Guotai's securities investments showed a cumulative fair value change loss of 71.96 million yuan in the first half of the year, contributing to a total loss exceeding 200 million yuan over recent years [9]. - Lio Co. experienced significant fluctuations in investment returns, with a peak profit in 2020 followed by losses in subsequent years [10]. Group 3: Historical Context - Jiangsu Guotai has a long history of stock trading, having engaged in securities investments for over ten years, with increasing amounts over the years [6][7]. - Lio Co. has also been involved in equity investments since 2016, with notable investments in companies like Ideal Auto and Zhejiang Dano [8][10]. - Seven Wolves holds multiple high-profile stocks, with significant investments in Tencent and other major companies [8][11].