证券代码：002485 证券简称：ST 雪发 公告编号：2025-003 雪松发展股份有限公司 关于继续开展期货套期保值业务的公告 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、为有效的防范、化解库存和价格波动带来的经营风险，充分利用期货市场的 套期保值功能，规避库存和商品价格大幅波动可能给公司经营带来的不利影响，控 制经营风险，公司拟继续开展期货套期保值业务。 2、公司开展的期货套期保值业务品种仅限于在中国境内期货交易所挂牌交易的 与公司经营有关的期货品种，如钢材、铝等品种。 3、单一产品使用自有资金进行期货套期保值业务保证金额度不超过10,000.00 万元。在上述额度内，资金可以在决议有效期内进行滚动使用，授权公司管理层在 该额度范围内行使投资决策权，并签署相关法律文件。 4、公司于2025年2月21日召开的第六届董事会第六次会议审议通过了《关于继 续开展期货套期保值业务的议案》。 5、开展期货套期保值交易业务可以防范、化解库存和价格波动带来的经营风险， 但也可能存在价格波动风险、资金风险、内部控制风险、技术风险、政策风险，公 司将积极 ...

证券代码：002485 证券简称：ST 雪发 公告编号：2025-002 雪松发展股份有限公司 第六届董事会第六次会议决议公告 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。 雪松发展股份有限公司（以下简称"公司"）第六届董事会第六次会议于2025 年2月21日以通讯表决的方式召开。本次会议已于2025年2月19日以邮件加电话确 认的方式发出通知，应出席董事9人，以通讯表决方式参与董事9人。会议由董事 长苏齐先生召集并主持，会议的召集、召开与表决程序符合《公司法》和《公司 章程》等相关规定。经与会董事认真审议，做出如下决议： 一、审议并通过了《关于继续开展期货套期保值业务的议案》 表决结果：通过。 特此公告。 具体内容详见巨潮资讯网www.cninfo.com.cn及《中国证券报》《上海证券 报》《证券日报》和《证券时报》上的相关公告。 表决情况：同意9票，反对0票，弃权0票； 表决结果：通过。 二、审议并通过了《关于制定<舆情管理制度>的议案》 为提高公司应对各类舆情的能力，建立快速反应和应急处置机制，及时、妥 善处理各类舆情对公司股价、公司商业信誉及正常生 ...

Financial Performance Forecast - The estimated net profit for 2024 is projected to be a loss of between 120 million yuan and 170 million yuan, compared to a loss of 10.63 million yuan in the same period last year[3]. - The estimated net profit after deducting non-recurring gains and losses is projected to be a loss of between 60 million yuan and 85 million yuan, compared to a loss of 13.54 million yuan in the same period last year[3]. - The basic earnings per share are expected to be a loss of between 0.2206 yuan and 0.3125 yuan, compared to a loss of 0.0195 yuan per share in the same period last year[3]. Business Operations - The main business continues to develop steadily, with supply chain operations expanding new channels and increasing customer reserves[5]. - The cultural tourism business has improved operational efficiency, resulting in a year-on-year increase in operating profit[5]. Performance Impact Factors - The performance change is primarily impacted by non-recurring losses related to the provision for Huaron debt restructuring, disposal of shops, and fair value changes of investment properties, estimated between 65 million yuan and 85 million yuan[5]. - The company has communicated significant matters related to the performance forecast with the accounting firm, but the forecast has not been audited[4]. Reporting Schedule - The 2024 annual report is scheduled for disclosure on April 28, 2025, with information available on specified media platforms[7].

Financial Performance - The company's operating revenue for Q3 2024 was ¥199,148,990.78, representing a 17.86% increase year-over-year[2] - The net profit attributable to shareholders for Q3 2024 was -¥16,646,408.61, a decrease of 12.23% compared to the same period last year[2] - The basic earnings per share for Q3 2024 was -¥0.0306, a decrease of 12.32% year-over-year[2] - The net profit attributable to shareholders for the first nine months of 2024 was -¥36,425,998.18, a significant decrease of 218.03% compared to the same period in 2023[5] - The total comprehensive income for Q3 2024 was -36,552,298.36 CNY, down from 30,766,670.68 CNY year-over-year[14] - The company reported a net loss of CNY 370,421,361.37, compared to a loss of CNY 333,995,363.19 in the previous year[12] Cash Flow - The net cash flow from operating activities for Q3 2024 was -¥8,792,611.38, showing a slight increase of 0.58% from the previous year[2] - The net cash flow from operating activities for the first nine months of 2024 was -¥106,398,608.59, a drastic decline of 2,014.82% year-over-year[5] - Cash flow from operating activities for Q3 2024 was -106,398,608.59 CNY, a significant decrease from 5,556,599.22 CNY in Q3 2023[15] - Cash inflow from operating activities totaled 3,765,012,412.47 CNY, while cash outflow was 3,871,411,021.06 CNY in Q3 2024[15] - Cash flow from investing activities generated a net inflow of 8,502,241.25 CNY, down from 222,746,128.98 CNY in the same quarter last year[16] - Cash flow from financing activities resulted in a net inflow of 134,057,903.22 CNY, compared to a net outflow of -112,654,534.69 CNY in Q3 2023[16] Assets and Liabilities - The total assets at the end of Q3 2024 were ¥1,840,880,745.73, down 6.14% from the end of the previous year[2] - The equity attributable to shareholders decreased to ¥1,340,063,179.47, a decline of 2.65% compared to the end of last year[2] - Current liabilities totaled CNY 493,424,266.42, down 14.79% from CNY 579,100,361.94 in the previous year[12] - Non-current liabilities increased to CNY 7,712,149.94, up 31.66% from CNY 5,859,661.09 year-over-year[12] - The company's total equity attributable to shareholders decreased to CNY 1,340,063,179.47 from CNY 1,376,474,083.54, a decline of 2.64%[12] Shareholder Information - The total number of common shareholders at the end of the reporting period is 6,048, with no preferred shareholders having voting rights[6] - Guangzhou Xuesong Cultural Tourism Investment Co., Ltd. holds 63.62% of the shares, while Guangzhou JunKai Investment Co., Ltd. holds 5.78%[6] - The top 10 shareholders do not have any significant changes in their shareholding due to margin trading activities[7] - The company has no preferred shareholders and no related party transactions among the top shareholders[8] Property and Investments - The company plans to lease or sell up to 10 shops/properties with a total book value not exceeding RMB 367 million to improve asset efficiency[8] - The total transaction amount for the sale of properties in Qingdao, Luohe, and Zibo is RMB 36.9 million, with all proceeds received except for the Qingdao property, which is in the transfer process[8] - The company has confirmed rental income of RMB 2.8506 million from leasing 9 shops from January to September 2024[8] - The company maintained its long-term investment in equity instruments at CNY 84,000,000.00, unchanged from the previous period[11] Inventory and Other Assets - Inventory decreased significantly to CNY 28,688,603.23 from CNY 44,743,147.88, a reduction of 35.94%[11] - Other current assets increased to CNY 23,407,297.62, up 86.59% from CNY 12,568,497.09 year-over-year[11] - As of September 30, 2024, the company's cash and cash equivalents amount to RMB 209.68 million[10] - The company holds trading financial assets valued at RMB 7.66 million and accounts receivable of RMB 64.76 million[10] - The company has prepayments totaling RMB 31.52 million as of the end of the reporting period[10] Audit and Accounting Standards - The company did not undergo an audit for the Q3 2024 report[17] - The report indicates that the company has not adopted the new accounting standards for the current year[17]

关于 2024 年前三季度计提资产减值准备及确认 公允价值变动的公告 雪松发展 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。 证券代码：002485 证券简称：ST雪发 公告编号：2024-043 雪松发展股份有限公司 一、本次计提资产减值准备及确认公允价值变动情况概述 （一）本次计提资产减值准备及确认公允价值变动的原因 根据《企业会计准则》和《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》相关规定的要求，为了更加真实、准确地反映公司的财 务状况、资产价值及经营成果，基于谨慎性原则，公司对各类资产进行了全面清 查和减值测试，对截至2024年9月30日合并报表范围内，可能发生资产减值损失 的有关资产计提相应的减值准备；对以公允价值计量的投资性房地产，根据公司 投资性房地产处置情况，确认公允价值变动损益。 （二）本次计提资产减值准备及确认公允价值变动的资产范围、总金额和计 入的报告期间 2024年1-9月，公司计提各项资产减值损失627.24万元，确认公允价值变动收 益6,660.84万元，明细如下： 单位：万元 | 资产名称 | 资产减值损 ...

证券代码：002485 证券简称：ST雪发 公告编号：2024-041 雪松发展股份有限公司 股票交易异常波动公告 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、股票交易异常波动的情况介绍 雪松发展股份有限公司（以下简称"公司"）股票（证券代码：002485，证 券简称：ST雪发）连续3个交易日（2024年10月22日、10月23日和10月24日）内 日收盘价格涨幅偏离值累计超过12%，根据《深圳证券交易所交易规则》的有关 规定，属于股票交易异常波动。 二、对重要问题的关注、核实情况说明 针对公司股票异常波动，公司对有关事项进行核实，现将核实结果说明如下： 1、截至本公告披露日，公司前期披露的信息不存在需要更正、补充之处。 2、目前，未发现近期公共传媒报道可能或已经对公司股票交易价格产生较 大影响的未公开重大信息。 3、公司2024年第三季度报告预约披露日期为2024年10月31日，目前相关财 务数据未向第三方提供。 公司虽与雪松实业集团有限公司（以下简称"雪松实业"）等关联方为同一 实际控制人控制下的企业，但公司与雪松实业等关联方在业务、人员、资产、机 ...

证券代码：002485 证券简称：ST雪发 公告编号：2024-040 雪松发展股份有限公司 股票交易异常波动公告 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、股票交易异常波动的情况介绍 雪松发展股份有限公司（以下简称"公司"）股票（证券代码：002485，证 券简称：ST雪发）连续2个交易日（2024年9月27日和9月30日）内日收盘价格跌 幅偏离值累计超过12%，根据《深圳证券交易所交易规则》的有关规定，属于股 票交易异常波动。 二、对重要问题的关注、核实情况说明 针对公司股票异常波动，公司对有关事项进行核实，现将核实结果说明如下： 1、截至本公告披露日，公司前期披露的信息不存在需要更正、补充之处。 2、目前，未发现近期公共传媒报道可能或已经对公司股票交易价格产生较 大影响的未公开重大信息。 3、近期公司经营情况正常，内部经营环境未发生重大变化。 5、在公司股票交易异常波动期间，公司控股股东未买卖公司股票。 三、是否存在应披露而未披露信息的说明 公司董事会确认，公司目前没有其他任何根据《深圳证券交易所股票上市规 则》等有关规定应予以披露而未披露的事 ...

证券代码：002485 证券简称：ST雪发 公告编号：2024-039 雪松发展股份有限公司 关于 2024 年半年度计提资产减值准备及确认 （一）本次计提资产减值准备及确认公允价值变动的原因 根据《企业会计准则》和《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》相关规定的要求，为了更加真实、准确地反映公司的财 务状况、资产价值及经营成果，基于谨慎性原则，公司对各类资产进行了全面清 查和减值测试，对截至2024年6月30日合并报表范围内，可能发生资产减值损失 的有关资产计提相应的减值准备；对以公允价值计量的投资性房地产，根据公司 投资性房地产处置情况，确认公允价值变动损益。 （二）本次计提资产减值准备及确认公允价值变动的资产范围、总金额和计 入的报告期间 2024年1-6月，公司计提各项资产减值损失259.23万元，确认公允价值变动收 益-156.71万元，明细如下： 单位：万元 | 资产名称 | 资产减值损失/公允价值变动收益 占 | 2023 年度经审计归属于上市公 | | | --- | --- | --- | --- | | | 金额（损失以"-"号填列） | 司股东净利润的比例 ...

说明：2020年11月，公司与雪松文化旅游开发有限公司（以下简称"雪松文开"）签署了《股权转让协议》，公司将持有的西安天楠文化旅游开发有限公司（以下简称"西安天楠"）90%的股权转让给雪松文开， 西安天楠自2020年11月30日起不再纳入上市公司的合并范围。公司与雪松文开为同一实际控制人控制下的法人，本次交易完成后，西安天楠成为公司合并范围外关联方。公司2019年将其对西安天楠的债权及其 项下的权益以1.92亿元转让给了中国华融资产管理股份有限公司广东省分公司（以下简称"中国华融"）。公司及下属公司因该债权转让向华融提供的担保形成关联担保，该担保对应的公司与西安天楠的原母子 公司之间的往来"被动"的转变为非合并范围内关联方往来。考虑到公司承担了担保责任，根据金融工具终止确认准则的要求，基于审慎原则，公司对西安天楠的原已转让的1.92亿元债权并不终止确认，从而形 成西安天楠（非合并范围内关联方）对公司的非经营性往来，实际公司已就上述债权收回了全部款项。公司根据广东省广州市中级人民法院《民事判决书》[（2022）粤01民初679号]（一审判决）的判决计提 增加了5,986.40万元的重组宽限补偿金、罚息及违约金等 ...

Financial Performance - The company's operating revenue for the first half of 2024 was ¥418,450,798.09, representing a decrease of 14.58% compared to ¥489,887,917.57 in the same period last year[10]. - The net profit attributable to shareholders of the listed company was a loss of ¥19,779,589.57, a decline of 139.70% from a profit of ¥49,825,895.78 in the previous year[10]. - The net cash flow from operating activities was -¥87,712,267.52, a significant decrease of 390.16% compared to ¥30,229,400.04 in the same period last year[10]. - Basic and diluted earnings per share were both -¥0.0364, down 139.74% from ¥0.0916 in the previous year[10]. - Total assets at the end of the reporting period were ¥1,812,217,179.62, a decrease of 7.60% from ¥1,961,241,556.65 at the end of the previous year[10]. - The net assets attributable to shareholders of the listed company were ¥1,356,705,588.68, down 1.44% from ¥1,376,474,083.54 at the end of the previous year[10]. - The company reported a weighted average return on equity of -1.45%, a decrease of 4.98% from 3.53% in the previous year[10]. - The company reported a net loss of ¥839,593.28 from investment income, primarily due to hedging losses[22]. - The company reported a net profit of 3,595,702.05 for its subsidiary, Jiaxing Songlu Culture Tourism Development Co., Ltd., which contributed over 10% to the company's net profit[31]. - The company reported a net loss of ¥353,774,952.76 for the period[78]. Revenue and Costs - The company's operating revenue for the reporting period was approximately ¥418.45 million, a decrease of 14.58% compared to the same period last year[18]. - The company's operating costs decreased by 19.11% to approximately ¥398.47 million, compared to ¥492.58 million in the previous year[18]. - Total operating revenue for the first half of 2024 was ¥418,450,798.09, a decrease of 14.6% compared to ¥489,887,917.57 in the same period of 2023[81]. - Total operating costs for the first half of 2024 were ¥435,921,739.16, down from ¥541,666,090.10 in the first half of 2023, indicating a reduction of 19.5%[82]. Cash Flow - The net cash flow from operating activities was negative at approximately -¥87.71 million, a decline of 390.16% compared to ¥30.23 million in the previous year[19]. - The company has seen a 207.28% increase in cash flow from financing activities, amounting to approximately ¥120.85 million, due to increased bill discounts and reduced debt repayments[19]. - Cash and cash equivalents at the end of the reporting period were ¥177,141,475.20, accounting for 9.77% of total assets[23]. - Cash inflow from operating activities decreased to CNY 2.57 billion in the first half of 2024, down from CNY 3.47 billion in the same period of 2023, reflecting a decline of approximately 25.8%[86]. - The cash flow from financing activities showed a net inflow of CNY 120.85 million in the first half of 2024, a recovery from a net outflow of CNY -112.65 million in the previous year[87]. Assets and Liabilities - Total current assets decreased from ¥478,937,725.17 to ¥336,345,680.50, a decline of approximately 29.7%[76]. - Total non-current assets decreased from ¥1,482,303,831.48 to ¥1,475,871,499.12, a decline of about 0.4%[77]. - Total liabilities decreased to ¥298,666,689.31 in the first half of 2024 from ¥337,125,143.22 in the same period of 2023, reflecting a reduction of approximately 11.4%[82]. - The total value of restricted assets was ¥436,801,336.94, primarily due to judicial freezes and collateral for loans[26]. - The company's short-term borrowings decreased significantly to ¥10,000,000.00, down from ¥86,798,214.92, reflecting a reduction of 3.88% in the debt ratio[23]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[1]. - The controlling shareholder holds 69.40% of the company's total shares, with 68.50% of those shares pledged and judicially frozen[47]. - The total number of shares remained at 544,000,000, with no changes in shareholding structure[67]. - The largest shareholder, Guangzhou Xisong Cultural Tourism Investment Co., Ltd., holds 346,103,845 shares, representing 63.62% of total shares[68]. - The second-largest shareholder, Guangzhou JunKai Investment Co., Ltd., holds 31,469,101 shares, representing 5.78% of total shares[68]. Risk Factors - The company faces risks including economic cycle risks and market competition risks, which investors should be aware of[1]. - The company faced risks including natural disasters, economic cycles, commodity price fluctuations, and market competition, and plans to enhance its emergency response mechanisms and marketing strategies to mitigate these risks[33]. Corporate Governance - The first extraordinary shareholders' meeting of 2024 had an investor participation rate of 68.66%[34]. - The company appointed several new directors and independent directors on January 31, 2024, while some directors completed their terms[35]. - The company has no stock incentive plans, employee stock ownership plans, or other employee incentive measures in place during the reporting period[37]. Accounting Policies - The financial report for the first half of 2024 was not audited[75]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that the financial statements accurately reflect the financial position as of June 30, 2024[104]. - Significant accounting policies include provisions for expected credit losses on receivables and inventory valuation methods[103]. - The company does not have any significant concerns regarding its ability to continue as a going concern for the next 12 months[102]. Taxation - The corporate income tax rate for the company is 25%, while certain subsidiaries benefit from a reduced rate of 20% due to their classification as small and micro enterprises[186][185]. - The company is eligible for a 50% reduction in urban maintenance and construction tax, stamp duty, and education surcharges for small and micro enterprises from January 1, 2023, to December 31, 2027[186]. Inventory Management - The company categorizes inventory into finished goods, work in progress, raw materials, and low-value consumables, with development costs including land transfer fees and related expenses[130]. - Inventory is valued at actual cost upon acquisition, with costs including procurement, processing, and other expenses, and is issued using the weighted average method[130]. Employee Compensation - The company recognizes short-term employee compensation as liabilities during the accounting period when services are provided, including wages, bonuses, and various benefits[154]. - Employee retirement benefits are accounted for similarly to termination benefits, recognizing liabilities when the obligation is confirmed[156].