登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及董事会全体成员保证公告内容的真实、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、浙江明牌珠宝股份有限公司（以下简称"公司"）于2025年10月30日在《中国证券报》、《证券时 报》、《证券日报》及公司指定信息披露网站巨潮资讯网上刊登了《关于召开2025年第一次临时股东大 会的通知》。 2、本次股东大会无否决或修改提案的情况； 3、本次会议上无新提案提交表决； 参加本次股东大会现场会议的股东共2人，代表公司股份279,694,775股，占公司股份总数的52.9725%。 3、参加网络投票情况 4、为尊重中小投资者利益，提高中小投资者对公司股东大会决议的重大事项的参与度，根据《上市公 司股东会规则》及《公司章程》的相关要求，本次股东大会采用中小投资者单独计票。 一、会议召开情况 1、现场会议召开时间：2025年11月14日下午2:30 2、现场会议召开地点：浙江省绍兴市柯桥区镜水路1016号（群贤路交叉口）公司办公楼三楼会议室 3、会议方式：现场会议与网络会议。其中，通过深圳证券交易所交易系统进行网络投票的具体时间 为：2025年11月 ...

Core Points - The Zhejiang Mingpai Jewelry Co., Ltd. held its first extraordinary general meeting of shareholders in 2025 on November 14, where five important proposals were approved, reflecting shareholders' attention to corporate governance optimization [1][5]. Meeting Overview - The meeting was convened by the board of directors and took place at the company's headquarters in Shaoxing, Zhejiang, combining on-site and online voting methods [2]. - The meeting was presided over by Chairman Yu Awu, with attendance from directors, supervisors, and senior management [2]. Shareholder Attendance - A total of 146 shareholders (including proxies) attended the meeting, representing 281,697,697 shares, which is 53.35% of the total share capital [3]. - Among the attendees, 2 shareholders were present at the on-site meeting, representing 279,694,775 shares (52.97%), while 144 participated via online voting, representing 2,002,922 shares (0.38%) [3]. - Notably, 144 small investors attended, representing 200,290 shares (0.38%), indicating their engagement in corporate governance matters [3]. Proposal Voting Results - All five proposals discussed at the meeting aimed to improve the company's internal governance structure and received high approval rates, with all proposals exceeding 99.7% approval [4]. - The specific approval rates for the proposals were as follows: - Amendment to the Articles of Association: 99.75% [4] - Amendment to the Independent Director Work System: 99.75% [4] - Amendment to the External Guarantee System: 99.72% [4] - Amendment to the Fundraising Management Measures: 99.75% [4] - Amendment to the Related Party Transaction Internal Decision-Making System: 99.75% [4] - The approval rate for small investors was lower for the External Guarantee System amendment at 61.23%, while the other proposals had approval rates above 64% [4]. Legal Opinion - Beijing Junzhi Law Firm provided a legal opinion confirming that the meeting's procedures, attendance, and voting results complied with relevant laws and regulations, deeming the resolutions valid [5]. - The successful convening of the meeting and the related amendments are expected to help Mingpai Jewelry further standardize its operations and enhance governance, laying a foundation for long-term stable development [5].

北京市君致律师事务所 关于浙江明牌珠宝股份有限公司 本所及经办律师依据《证券法》、《律师事务所从事证券法律业务管理办法》 和《律师事务所证券法律业务执业规则（试行）》等规定及本法律意见书出具日 以前已经发生或者存在的事实，严格履行了法定职责，遵循了勤勉尽责和诚实信 用原则，进行了充分的核查验证，保证本法律意见所认定的事实真实、准确、完 整，所发表的结论性意见合法、准确，不存在虚假记载、误导性陈述或者重大遗 漏，并承担相应法律责任。 在审查有关文件的过程中，公司保证，其向本所提交的文件和所做的说明是 真实的、准确的、完整的，并已提供出具本法律意见书所必需的文件材料或口头 证言，并保证其所提供的有关副本材料或复印件与正本或原件一致。 本所律师根据《中华人民共和国公司法》以及《浙江明牌珠宝股份有限公司 章程》（以下简称《公司章程》）的要求，按照律师行业公认的业务标准、道德规 范和勤勉尽责精神，对本次股东大会的召集与召开程序、出席会议人员资格、召 集人资格、会议表决程序和表决结果等重要事项进行核查和验证，并据此发表法 律意见如下： 一、本次股东大会的召集、召开程序 （一）本次股东大会是根据公司 2025 年 10 月 ...

证券代码：002574 证券简称：明牌珠宝 公告编号：2025－037 浙江明牌珠宝股份有限公司 2025年第一次临时股东大会决议公告 本公司及董事会全体成员保证公告内容的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 特别提示： 1、浙江明牌珠宝股份有限公司（以下简称"公司"）于2025年10月30日在《中 国证券报》、《证券时报》、《证券日报》及公司指定信息披露网站巨潮资讯网上刊登 了《关于召开2025年第一次临时股东大会的通知》。 2、本次股东大会无否决或修改提案的情况； 3、本次会议上无新提案提交表决； 4、为尊重中小投资者利益，提高中小投资者对公司股东大会决议的重大事项 的参与度，根据《上市公司股东会规则》及《公司章程》的相关要求，本次股东大 会采用中小投资者单独计票。 一、会议召开情况 1、现场会议召开时间：2025年11月14日下午2:30 2、现场会议召开地点：浙江省绍兴市柯桥区镜水路1016号（群贤路交叉口）公司办公 楼三楼会议室 3、会议方式：现场会议与网络会议。其中，通过深圳证券交易所交易系统进行网络投 票的具体时间为：2025年11月14日9:15－9:25，9:30－11: ...

Core Insights - The jewelry sector experienced a rise of 0.47% on November 13, with Cuihua Jewelry leading the gains [1] - The Shanghai Composite Index closed at 4029.5, up 0.73%, while the Shenzhen Component Index closed at 13476.52, up 1.78% [1] Market Performance - Cuihua Jewelry (002731) closed at 15.51, with an increase of 2.78% and a trading volume of 169,500 shares, amounting to a transaction value of 262 million yuan [1] - Other notable performers included ST Xinhua Jin (600735) with a 1.91% increase, and Laixitongling (603900) with a 1.71% increase [1] - The overall trading volume and transaction values for various jewelry stocks were detailed, indicating active market participation [1] Fund Flow Analysis - The jewelry sector saw a net outflow of 56.01 million yuan from institutional investors, while retail investors contributed a net inflow of 71.58 million yuan [2] - Specific stocks like Cuihua Jewelry had a net inflow of 18.74 million yuan from institutional investors, despite a net outflow from retail investors [3] - The fund flow data indicates varying levels of investor confidence across different stocks within the jewelry sector [3]

Market Overview - The jewelry sector experienced a decline of 0.47% on November 12, with ST Xinhua Jin leading the drop [1] - The Shanghai Composite Index closed at 4000.14, down 0.07%, while the Shenzhen Component Index closed at 13240.62, down 0.36% [1] Individual Stock Performance - Chao Hong Mu (002345) rose by 2.24% to close at 12.78, with a trading volume of 216,300 shares and a turnover of 280 million yuan [1] - Lao Feng Xiang (600612) saw a slight increase of 0.11%, closing at 46.37, with a trading volume of 19,400 shares and a turnover of approximately 90.25 million yuan [1] - Zhou Da Sheng (002867) remained unchanged at 13.30, with a trading volume of 77,200 shares and a turnover of 103 million yuan [1] - ST Xinhua Jin (600735) led the decline with a drop of 4.99%, closing at 6.28, with a trading volume of 331,500 shares and a turnover of 210 million yuan [2] - Mankalon (300945) fell by 3.33% to 17.98, with a trading volume of 123,100 shares and a turnover of 223 million yuan [2] Capital Flow Analysis - The jewelry sector saw a net outflow of 159 million yuan from institutional investors, while retail investors contributed a net inflow of 188 million yuan [2] - The detailed capital flow for individual stocks indicates that Chao Hong Mu had a net inflow of 9.64 million yuan from institutional investors, while it faced a net outflow of 12.79 million yuan from speculative funds [3] - Mingpai Jewelry (002574) experienced a significant net outflow of 3.76 million yuan from institutional investors, but had a net inflow of 11.72 million yuan from retail investors [3]

Market Overview - The jewelry sector increased by 2.54% on November 10, with Cuihua Jewelry leading the gains [1] - The Shanghai Composite Index closed at 4018.6, up 0.53%, while the Shenzhen Component Index closed at 13427.61, up 0.18% [1] Individual Stock Performance - Cuihua Jewelry (002731) closed at 14.83, up 7.62%, with a trading volume of 324,000 shares and a turnover of 478 million yuan [1] - Mankalon (300945) closed at 18.27, up 5.24%, with a trading volume of 183,300 shares and a turnover of 330 million yuan [1] - ST Xinhua Jin (600735) closed at 6.96, up 4.98%, with a trading volume of 188,700 shares and a turnover of 6.13 million yuan [1] - Other notable performers include Jin Yi Culture (002721) up 4.86%, Chao Hong Ji (002345) up 4.56%, and Cai Zi Co. (605599) up 3.70% [1] Capital Flow Analysis - The jewelry sector saw a net inflow of 71.3 million yuan from institutional investors, while retail investors experienced a net inflow of 10.6 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors showing stronger interest compared to retail investors [2] Detailed Capital Flow for Selected Stocks - Jin Yi Culture (002721) had a net inflow of 48.1 million yuan from institutional investors, but a net outflow of 41.1 million yuan from retail investors [3] - Mankalon (300945) saw a net inflow of 27.5 million yuan from institutional investors, while retail investors had a net outflow of 27.6 million yuan [3] - ST Xinhua Jin (600735) experienced a significant net inflow of 22.5 million yuan from institutional investors, with retail investors also showing a net outflow [3]

Core Viewpoint - The recent surge in gold prices is driven by multiple factors, including a significant increase in layoffs in the U.S. private sector, a notable decline in global AI-related stocks, and ongoing geopolitical tensions across various regions [1][6]. Gold Price Movement - On November 10, gold prices experienced a sharp increase, with spot and futures prices reaching new highs for November. As of 13:20, London gold was quoted at $4,053.37 per ounce, up 1.32%, while COMEX gold was at $4,062.10 per ounce, up 1.30% [1]. - The gold jewelry index in the A-share market rose by 1.91%, with notable increases in individual stocks such as Cuihua Jewelry (+7.76%), Hunan Gold (+4.92%), and Chaohongji (+4.48%) [1][2]. Domestic Gold Jewelry Prices - Domestic gold jewelry brands have also seen price increases, with prices for major brands such as Chow Tai Fook at 1,279 RMB per gram, Lao Feng Xiang at 1,273 RMB per gram, and Chow Sang Sang at 1,276 RMB per gram [3][4]. - Major brands, including Chow Tai Fook, have raised prices due to increased costs from recent tax policies affecting gold procurement and production [4]. Market Outlook - Analysts suggest that the recent rise in gold prices is supported by a weaker U.S. dollar, risks of government shutdown, and geopolitical tensions. The Challenger report indicated that layoffs in October exceeded 150,000, the highest level in over 20 years, which has led to expectations of potential interest rate cuts by the Federal Reserve [6]. - According to China International Capital Corporation (CICC), gold prices may continue to rise in the coming year, supported by the trend of de-globalization and strategic security concerns prompting emerging market central banks to increase gold reserves [6].

Group 1 - The price of physical gold from Mingpai Jewelry on November 7, 2025, is quoted at 1268 CNY per gram, an increase of 9 CNY per gram compared to the previous trading day [1] - On November 6, 2025, the gold price was 1259 CNY per gram [1] Group 2 - The ongoing U.S. government shutdown and skepticism from the U.S. Supreme Court regarding the legality of President Trump's tariffs have negatively impacted the U.S. economy, leading to a significant drop in the dollar below the 100 mark, which supports gold prices [2] - However, Federal Reserve's Hamek opposes further interest rate cuts, and Chicago Fed President Goolsbee advocates for caution, creating some concerns for gold bulls [2]

在国际金价持续走高的市场环境下，明牌珠宝的三季报却呈现出业绩背离态势，公司面临盈利能力减弱 与财务结构失衡的双重挑战。 在金价一路攀升的行业背景下，明牌珠宝交出的三季报成绩单令市场感到意外。与其他黄金珠宝企业相 比，公司并未充分享受到金价上涨带来的红利，反而出现营收下滑与净利润亏损并存的局面。这背后， 折射出明牌珠宝在战略转型、成本控制和财务结构等方面面临的深层经营风险。 盈利能力大幅下滑 明牌珠宝三季报最显著的风险信号来自于盈利能力的大幅减弱。公司不仅营收规模出现明显下滑，净利 润更是由盈转亏。导致这一状况的原因复杂多元。期间费用的大幅上升严重侵蚀了公司的利润空间。尽 管公司努力控制销售费用，但管理费用与财务费用却快速增长，尤其是财务费用因融资成本增加而显著 上升，三费占总营收比重同比大幅提高。 从业务结构看，公司主营业务表现疲软。扣除非经常性损益后的净利润同样呈现大幅下降态势，反映出 公司主营业务盈利能力面临严峻挑战。 在竞争日益激烈的黄金珠宝市场，明牌珠宝能否通过业务调整、费用控制和资产优化来应对当前挑战， 将决定其能否在行业变革中赢得持续发展动力。对于投资者而言，公司盈利能力的恢复情况和财务结构 的改 ...