Meeting Information - The company will hold its first extraordinary general meeting of shareholders for 2025 on September 5, 2025, at 14:30 [1] - Shareholders can participate through on-site voting or online voting via the Shenzhen Stock Exchange systems [1][4] - The online voting will be available from 9:15 to 9:25, 9:30 to 11:30, and 13:00 to 15:00 on the same day [1] Shareholder Rights - All shareholders registered with the China Securities Depository and Clearing Corporation Limited as of September 1, 2025, have the right to attend the meeting and can appoint proxies [2] - Proxies do not need to be shareholders of the company [2] Agenda Items - The meeting will review proposals that have been approved by the company's board and supervisory board [3] - Proposals 1.00, 2.01, and 2.02 require a special resolution, needing over 2/3 of the voting rights held by attending shareholders to pass [3] - The meeting will elect one non-independent director and will not use cumulative voting [3] Registration Details - Registration can be done on-site or via mail/fax, with a deadline of September 4, 2025, at 17:00 [4] - Required documents for registration include identification and proof of shareholding [4] Voting Procedures - Detailed procedures for online voting are provided, ensuring that shareholders can vote effectively [5] - The voting process will prioritize the first valid vote in case of repeated voting on the same proposal [5] Contact Information - For inquiries, shareholders can contact the company via phone, fax, or email [4]

Core Viewpoint - The company plans to initiate the process for issuing H shares and listing on the Hong Kong Stock Exchange to enhance its global strategy and competitiveness [1][2]. Group 1: Company Actions - The company's board approved the proposal to authorize management to start preparations for the overseas issuance of H shares and listing on the Hong Kong Stock Exchange [1]. - The decision aims to respond to national policies promoting new productive forces and to leverage the advantages of its controlling shareholder in overseas markets [1]. Group 2: Future Steps and Uncertainties - The company is currently in discussions with relevant intermediaries regarding the issuance and listing, but specific details have not yet been finalized [2]. - The H share listing will require approval from the company's board and shareholders, as well as regulatory review by the China Securities Regulatory Commission and the Hong Kong Stock Exchange, introducing significant uncertainty [2].

证券代码：002565 证券简称：顺灏股份 公告编号：2025-043 上海顺灏新材料科技股份有限公司 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 上海顺灏新材料科技股份有限公司（以下简称"公司"）于2025年8月13日召 开公司第六届董事会第九次会议、第六届监事会第七次会议，分别审议通过了《关 于修订 <公司章程> 及不设监事会的议案》，此议案尚需提交公司股东大会审议，且 需经出席股东大会的股东所持有效表决权的2/3以上通过，现将有关情况公告如下： 一、关于修订《公司章程》及不设监事会的情况 根据《中华人民共和国公司法》《关于新 <公司法> 配套制度规则实施相关过渡 期安排》 《上市公司章程指引（2025年修订）》 《深圳证券交易所股票上市规则（2025 年修订）》等相关法律法规、规范性文件的最新规定，为进一步提升公司治理效能， 精简管理流程，公司将不再设置监事会，监事会的职权由董事会审计委员会行使， 同时对《公司章程》中相关条款进行了修订完善。 《公司章程》经股东大会审议通过后，公司《监事会议事规则》即行废止，公 司监事会将停止履职，公司监事自动解任，公司各 ...

Core Viewpoint - The company has approved the use of up to RMB 350 million of idle self-owned funds for entrusted wealth management to enhance fund utilization efficiency and increase returns for shareholders [2][3][5]. Investment Overview - The board of directors approved the investment of up to RMB 350 million in high-security, high-liquidity financial products, with a validity period of one year from the date of approval [2][3]. - The investment amount at any point in time, including reinvested earnings, should not exceed the authorized limit [2][3]. Risk Control Measures - The company will select qualified financial institutions with good credit and financial status for entrusted management, including banks, securities firms, and fund companies [3][4]. - The company will invest in high-credit, liquid financial instruments, ensuring that the funds used are idle self-owned funds and do not involve raised funds or bank credit [3][4]. Impact on the Company - The entrusted wealth management will not affect the company's normal operations or financial stability, and it aims to improve fund efficiency and generate investment returns [5][6]. Board Meeting Approval - The sixth board of directors unanimously approved the proposal for entrusted wealth management, allowing the rolling use of idle funds within the specified limit and timeframe [5][6].

Group 1 - The board of directors of Shanghai Shunhao New Materials Technology Co., Ltd. held its ninth meeting on August 13, 2025, where all five attending directors approved the resolutions [1] - The company’s 2025 semi-annual report was reviewed and deemed comprehensive, accurate, and free of misleading statements [1][2] - The company approved a total of RMB 280 million in comprehensive credit lines from various banks to support its business operations [2][3] Group 2 - The company agreed to provide guarantees for its wholly-owned subsidiary, Shunhao International Trade Co., Ltd., for credit applications totaling RMB 129 million and RMB 20 million from two banks [3] - The board authorized the management to use up to RMB 350 million of idle funds for entrusted wealth management, valid for one year [4] Group 3 - The company decided to abolish the supervisory board, transferring its powers to the audit committee of the board, and amended relevant articles in the company’s articles of association [6] - Several governance documents were revised and approved, including the rules for shareholder meetings and board meetings, all requiring shareholder approval [7][8] Group 4 - The company initiated preparations for issuing H shares and listing on the Hong Kong Stock Exchange, aiming to enhance its global competitiveness [11][12] - The board approved the appointment of Hong Kong Lixin Dehao Accounting Firm as the auditing agency for the H share issuance [12] Group 5 - Zhang Shancun was nominated as a non-independent director candidate, and Zhang Zheyu was appointed as co-president of the company [13][14] - The company plans to hold its first temporary shareholders' meeting on September 5, 2025, to discuss matters requiring shareholder approval [14]

Core Viewpoint - The report highlights the financial performance and strategic direction of Shanghai Shunho New Materials Technology Co., Ltd., emphasizing its focus on environmentally friendly packaging and the industrial hemp market, while also addressing the challenges and opportunities within the tobacco and new tobacco product sectors [1][2][3]. Financial Performance - The company's operating revenue for the first half of 2025 was approximately 619.54 million yuan, a decrease of 12.19% compared to the same period in 2024 [2]. - The net profit attributable to shareholders was approximately 29.48 million yuan, down 6.24% from the previous year [2]. - Basic and diluted earnings per share increased by 23.14% to 0.0314 yuan per share [2]. Industry Overview - The global green packaging market is experiencing significant growth, with the tobacco packaging sector projected to reach 10.15 billion USD by 2031, reflecting a compound annual growth rate (CAGR) of 1.9% [3]. - In China, the packaging industry is supported by a robust policy framework aimed at promoting green development, with the government emphasizing the establishment of a resource-circulating industrial system by 2025 [3]. - The industrial hemp market is expanding globally, with 57 countries legalizing some form of medical cannabis, and the market for medical cannabis expected to reach 21.04 billion USD by 2025 [3]. Company Strategy - The company maintains a dual strategy focusing on "environmentally friendly low-carbon new materials" and "biological health," with core business areas including special environmentally friendly paper, printing products, industrial hemp processing, and new tobacco products [7][11]. - The company is actively pursuing research and development in new tobacco products and has obtained necessary licenses for electronic cigarette production [11][12]. - The company has established subsidiaries in the U.S. to capitalize on the growing industrial hemp market and has developed innovative products such as Nano Joints, which aim to provide a healthier alternative to traditional smoking [9][10]. Competitive Advantages - The company is recognized as a high-tech enterprise and has been involved in setting industry standards, maintaining a competitive edge in the special anti-counterfeiting environmentally friendly paper market [12][16]. - The company has a strong focus on research and development, holding 402 patents and 223 trademarks, which supports its innovation capabilities [13][12]. - The company emphasizes sustainable practices, having developed biodegradable packaging products and implemented advanced waste treatment technologies [14][19].

Core Viewpoint - The company reported a decrease in operating revenue and an increase in net profit attributable to shareholders for the first half of 2025 compared to the same period last year. Financial Performance - Operating revenue for the reporting period was CNY 619.54 million, a decrease of 12.19% from CNY 705.56 million in the same period last year [1] - Net profit attributable to shareholders was CNY 33.30 million, an increase of 23.11% from CNY 27.05 million [1] - Net profit after deducting non-recurring gains and losses was CNY 97.65 million [1] - Net cash flow from operating activities was CNY 97.65 million, an increase of 4.85% from CNY 93.13 million [1] - Basic and diluted earnings per share were both CNY 0.0314, an increase of 23.14% from CNY 0.0255 [1] - Return on equity (ROE) was 1.81%, up from 1.42% [1] Assets and Equity - Total assets at the end of the reporting period were CNY 2.62 billion, down from CNY 2.80 billion, a decrease of 6.46% [2] - Net assets attributable to shareholders were CNY 1.79 billion, a decrease of 5.49% from CNY 1.89 billion [2] Shareholder Information - The total number of shareholders at the end of the reporting period was 46,062 [2] - The largest shareholder, Shunhao Investment Group Co., Ltd., holds 20.10% of shares [2] - The actual controller of the company remains unchanged during the reporting period [3] Important Events - The company is involved in a legal investigation by the Chuzhou Municipal Supervisory Committee regarding alleged bribery [4] - The company has received distributions from the bankruptcy proceedings of its former subsidiary, totaling CNY 40.14 million [3] Share Buyback and Employee Stock Ownership Plan - The company completed a share buyback program, spending approximately CNY 100 million to repurchase shares for employee stock ownership plans [5] - The employee stock ownership plan aims to involve up to 199 employees and will hold a maximum of 28.66 million shares, representing 2.704% of the total share capital [5]

Key Points - Tianpu Co., Ltd. is planning a change in control, leading to a suspension of trading from August 15, 2025, for up to two trading days [2] - Chipsea Technology and Shunhao Co., Ltd. are preparing to issue H-shares and list on the Hong Kong Stock Exchange, with plans to consider shareholder interests and market conditions [3] - ST Suwu's stock closed at 0.99 yuan on August 14, 2025, which is below the 1 yuan threshold that could lead to delisting after 20 consecutive trading days [4] Financial Performance - Bubu Gao reported a revenue of 2.129 billion yuan for the first half of 2025, a year-on-year increase of 24.45%, with a net profit of 201 million yuan [6] - Kelun Electronics achieved a revenue of 2.573 billion yuan, up 34.66% year-on-year, with a net profit of 190 million yuan [6] - Limin Co., Ltd. reported a revenue of 2.452 billion yuan, a 6.69% increase, and a net profit of 269 million yuan, up 747.13% [6] - Zhongguang Fanglong reported a revenue of 217 million yuan, a 10.31% increase, and a net profit of 10.6787 million yuan, up 321.87% [6] - Chuanjin Nuo reported a revenue of 1.744 billion yuan, a 27.91% increase, and a net profit of 177 million yuan, up 166.51% [6] - Taicheng Light reported a revenue of 828 million yuan, a 62.49% increase, and a net profit of 173 million yuan, up 118.02% [7] - Huagong Technology reported a revenue of 7.629 billion yuan, a 44.66% increase, and a net profit of 911 million yuan, up 44.87% [8] - Yifan Pharmaceutical reported a revenue of 2.635 billion yuan, a slight increase of 0.11%, and a net profit of 304 million yuan, up 19.91% [8] - Xidian New Energy reported a revenue of approximately 1.39 billion yuan, a 65.90% increase, and a net profit of approximately 139 million yuan, up 51.66% [8] - China Telecom reported a revenue of 269.4 billion yuan, a 1.3% increase, and a net profit of 23 billion yuan, up 5.5% [9] Important Transactions - Kangda New Materials plans to acquire 51% of Chengdu Zhongke Huamei Electronics for 275.4 million yuan, aiming to expand in the semiconductor integrated circuit field [13] - Jingu Co., Ltd. signed a strategic cooperation agreement with Luming Robotics to explore new material applications in robotics [13] - Zhaowei Electromechanical plans to invest up to 100 million USD in a new production base in Thailand [13] - Zhongyuan Neipei's subsidiary received a notification to supply smart electric control actuators for a European engineering group, with a projected sales amount of approximately 490 million yuan over nine years [14] - Jiadian Co., Ltd. won a bid for nuclear power project equipment worth approximately 608.98 million yuan [14] - Shenzhen Airport reported a passenger throughput of 5.4352 million in July 2025, a 2.02% year-on-year increase [14] - Gansu Energy Chemical received approval to resume production at a coal mine after safety inspections [14]

Group 1 - China Telecom reported a net profit of RMB 23.017 billion for the first half of 2025, an increase of 5.5% year-on-year [1] - The company's total operating revenue for the same period was RMB 269.42 billion, reflecting a year-on-year growth of 1.3% [1][2] - The net profit attributable to shareholders after excluding non-recurring gains and losses was RMB 21.721 billion, a slight increase of 0.2% year-on-year [1][2] Group 2 - Mobile communication service revenue reached RMB 106.6 billion, up 1.3% year-on-year, while fixed-line and smart home service revenue was RMB 64.1 billion, growing by 0.2% [3] - The number of mobile users increased to 433 million, and broadband users reached 199 million, with mobile ARPU at RMB 46 and broadband ARPU at RMB 48.3 [3] - Revenue from industrial digitalization was RMB 74.9 billion, with AIDC revenue growing by 7.4% [3] Group 3 - Xi'an Yicai's IPO on the Sci-Tech Innovation Board was approved, with projected revenue growth from RMB 1.055 billion in 2022 to RMB 2.121 billion in 2024, a compound annual growth rate of 41.83% [4] - Chipsea Technology plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its international strategy and diversify financing [5] - Shunhao Co. also announced plans to issue H-shares and list on the Hong Kong Stock Exchange to support business transformation and global strategy [6] Group 4 - Heertai reported a net profit of RMB 354 million for the first half of 2025, a year-on-year increase of 78.65% [7] - Yiyuan Communication's net profit surged by 125.03% to RMB 471 million, driven by core business improvements and diversification [8] - Jifeng Co. achieved a net profit of RMB 154 million, a significant increase of 189.51%, despite a revenue decline of 4.39% [9]

（编辑 任世碧） 证券日报网讯 8月14日晚间，顺灏股份发布2025年半年度报告摘要称，公司2025年半年度实现营业收入 为619，542，591.83元，同比下降12.19%；实现归属于上市公司股东的净利润为33，303，430.24元， 同比增长23.11%。 ...