Core Insights - Yongdong Co., Ltd. reported a decline in core operating indicators for Q3 2025, indicating pressure on profitability, but a significant improvement in operating cash flow [1][3] - The company is investing in ongoing projects to support long-term development [1] Financial Performance - The company's revenue for the quarter was 986.22 million yuan, a decrease of 4.51% year-on-year; cumulative revenue for the year-to-date was 2.88 billion yuan, down 9.11% [2][3] - Net profit attributable to shareholders was 8.83 million yuan for the quarter, a sharp decline of 70.85%; year-to-date net profit was 48.89 million yuan, down 40.46% [3] - The net profit excluding non-recurring items also saw a significant drop, with figures of 8.79 million yuan for the quarter and 45.24 million yuan year-to-date, reflecting declines of 71.14% and 44.37% respectively [3] - Basic earnings per share were 0.0235 yuan, down 71.24% for the quarter; year-to-date basic earnings per share were 0.1301 yuan, a decrease of 41.08% [3] - The weighted average return on equity was 0.35% for the quarter, down 0.97 percentage points; year-to-date it was 2.09%, a decrease of 1.47 percentage points [3] Cash Flow and Investment - Operating cash flow showed remarkable improvement, with a net cash flow from operating activities of 76.87 million yuan, an increase of 5755.96% year-on-year, primarily due to reduced cash payments for raw material purchases [3][4] - Cash flow from investing activities turned negative at -107 million yuan, a shift from positive to negative, mainly due to increased cash payments for fixed asset purchases [3][4] - Cash flow from financing activities was also negative at -28.30 million yuan, but this was an improvement from -131 million yuan in the previous year, attributed to increased cash payments for debt repayment and share buybacks [4] Asset and Liability Structure - Total assets increased by 2.80% to 3.36 billion yuan, with significant internal structural adjustments [4] - The amount for ongoing construction projects reached 207 million yuan, a substantial increase of 486.99%, primarily for new power generation and coal tar processing projects, laying the foundation for future capacity release [4]

Core Points - The company has ensured that the information disclosed is true, accurate, and complete, with no false records or misleading statements [1][2][7] - The third-quarter financial report has not been audited [3][6] Financial Data - The company does not require retrospective adjustments or restatements of previous accounting data [3] - There are no non-recurring profit and loss items applicable for the reporting period [3] Shareholder Information - The total number of ordinary shareholders and the situation of the top ten shareholders are not disclosed in detail [5] Board Meeting - The sixth board meeting was held on October 27, 2025, with all nine directors present, and the meeting complied with legal and regulatory requirements [8] - The board approved the proposal to renew the accounting firm, which will be submitted to the second extraordinary general meeting of shareholders in 2025 for approval [9][10] Governance Changes - The company plans to abolish the supervisory board, transferring its powers to the audit committee of the board, and relevant amendments to the articles of association will be made [41][42] - The board has approved several governance documents, including the rules for shareholder meetings and board meetings, which will also be submitted for shareholder approval [13][14][41] Audit Firm Information - The company intends to renew its contract with Lixin Certified Public Accountants, which has a long history and significant experience in auditing [28][29] - Lixin's 2024 revenue from auditing services was approximately 3.67 billion yuan, with a significant number of listed companies served [30] - The audit fees for 2024 were 1.8 million yuan, with specific amounts allocated for annual and internal control audits [36] Meeting Resolutions - The resolutions from both the board and the supervisory board meetings have been documented and will be made available for review [17][25]

Core Points - The company is revising its governance structure and company articles to enhance operational standards and comply with updated regulations [2][4] - The proposed amendments to the governance system will be submitted for approval at the upcoming shareholders' meeting [2][5] Group 1: Governance Revisions - The company is making adjustments to its articles of association, with changes in clause numbering due to the addition and deletion of certain provisions [1] - The revisions are in accordance with various legal and regulatory frameworks, including the Company Law and Shenzhen Stock Exchange rules [2] - The proposed governance amendments require a special resolution, needing approval from over two-thirds of the voting rights at the shareholders' meeting [2][12] Group 2: Shareholders' Meeting Details - The second extraordinary shareholders' meeting of 2025 is scheduled for November 13, 2025, with both on-site and online voting options available [5][7] - The record date for shareholder eligibility to attend the meeting is November 6, 2025 [9] - Shareholders can register for the meeting through various methods, including in-person and electronic means [13][14]

Group 1 - The core point of the article is that Yongdong Co., Ltd. held its sixth board meeting on October 27, 2025, to review proposals including the revision of the "Board Meeting Rules" [1] - For the first half of 2025, Yongdong's revenue composition was entirely from the manufacturing of chemical raw materials and chemical products, accounting for 100.0% [1] - As of the report date, Yongdong's market capitalization was 2.7 billion yuan [1] Group 2 - The article also mentions a controversial promotion by a company that claims to tokenize real estate overseas, with individuals reportedly receiving 1,500 yuan for recruiting others and suggesting that an investment of 100,000 yuan could lead to becoming a billionaire [1]

Core Viewpoint - Despite a decline in revenue and net profit due to industry conditions, the company has experienced explosive growth in operating cash flow and significantly increased investment in construction projects, laying a foundation for future capacity release and business expansion [1] Financial Performance - For the first three quarters of 2025, the company achieved a cumulative revenue of 2.877 billion yuan and a net profit of 48.8933 million yuan [1] - The net cash flow from operating activities reached 76.8729 million yuan, a staggering increase of 5755.96% compared to 1.3127 million yuan in the same period last year, primarily due to reduced cash payments for raw material procurement and improved operational efficiency [1] Investment and Strategic Development - As of the end of September, the balance of construction in progress reached 207 million yuan, a significant increase of 486.99% from 35.2166 million yuan at the end of the previous year, driven by the advancement of new power generation and coal tar processing projects [1] - This strategic investment is expected to enhance the industrial chain and increase production capacity, providing support for long-term performance growth [1]

| 证券代码：002753 | 证券简称：永东股份 | 公告编号：2025-058 | | --- | --- | --- | | 债券代码：127059 | 债券简称：永东转 2 | | 山西永东化工股份有限公司 关于拟续聘会计师事务所的公告 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： 本次续聘会计师事务所符合财政部、国务院国资委、证监会印发的《国有 企业、上市公司选聘会计师事务所管理办法》（财会〔2023〕4 号）的规定。 一、拟续聘会计师事务所的基本情况 立信会计师事务所（特殊普通合伙）（以下简称"立信"）由我国会计泰 斗潘序伦博士于 1927 年在上海创建，1986 年复办，2010 年成为全国首家完成 改制的特殊普通合伙制会计师事务所，注册地址为上海市，首席合伙人为朱建 弟先生。立信是国际会计网络 BDO 的成员所，长期从事证券服务业务，新证券 法实施前具有证券、期货业务许可证，具有 H 股审计资格，并已向美国公众公 司会计监督委员会（PCAOB）注册登记。 截至 2024 年末，立信拥有合伙人 296 名、注册会计师 2,498 名 ...

| 证券代码：002753 | 证券简称：永东股份 | 公告编号：2025-059 | | --- | --- | --- | | 债券代码：127059 | 债券简称：永东转 2 | | 山西永东化工股份有限公司 关于修订《公司章程》及部分公司治理 制度的公告 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。 山西永东化工股份有限公司（以下简称"公司"）于 2025 年 10 月 27 日 召开第六届董事会第六次会议，审议通过了《关于修订<公司章程>的议案》和 《关于修订部分公司治理制度的议案》。具体情况如下： 一、《公司章程》修订情况 为进一步完善公司治理结构，根据《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》《深圳证券交易所股票上市 规则》等法律法规和规范性文件的相关规定，结合公司实际情况，公司拟取消 监事会，监事会的职权由董事会审计委员会行使，公司《监事会议事规则》相 应废止，同时《公司章程》中相关条款及其他涉及监事会的相关条款亦作出相 应修订。公司董事会提请股东会授权公司管理层或其授权代表办理取消监事会 及《公司章程 ...

山西永东化工股份有限公司 会计师事务所选聘制度 山西永东化工股份有限公司 会计师事务所选聘制度 第一章 总则 第一条 为规范山西永东化工股份有限公司（以下简称公司）选 聘（含续聘、改聘，下同）会计师事务所的行为，切实维护股东利益， 提高财务信息质量，根据《中华人民共和国公司法》《中华人民共和 国证券法》《深圳证券交易所股票上市规则》《国有企业、上市公司 选聘会计师事务所管理办法》等法律法规以及《山西永东化工股份有 限公司章程》（以下简称《公司章程》），制定本制度。 第二条 公司选聘进行会计报表审计等业务的会计师事务所（以 下简称会计师事务所），需遵照本制度的规定。选聘其他专项审计业 务的会计师事务所，视重要性程度可参照本制度执行。 第三条 公司选聘会计师事务所应经董事会审计委员会（以下简 称审计委员会）全体成员过半数审议同意后，提交董事会审议，并由 股东会决定。公司不得在董事会、股东会审议通过前聘请会计师事务 所开展审计业务。 第四条 公司控股股东、实际控制人不得在公司董事会、股东会 审议前，向公司指定会计师事务所，不得干预审计委员会独立履行审 核职责。 1 山西永东化工股份有限公司 会计师事务所选聘制度 第 ...

山西永东化工股份有限公司 关联交易决策制度 山西永东化工股份有限公司 关联交易决策制度 第一章 总 则 第一条 为规范山西永东化工股份有限公司（以下简称公司）的 关联交易，完善公司内部控制制度，保护公司、股东和债权人的合法 权益，保证公司关联交易决策行为的公允性，根据《中华人民共和国 公司法》《上市公司治理准则》《深圳证券交易所股票上市规则》（以 下简称《股票上市规则》）《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》《深圳证券交易所上市公司自律 监管指引第 7 号——交易与关联交易》等法律、法规、规范性文件及 《山西永东化工股份有限公司章程》（以下简称《公司章程》）的有 关规定，特制定本制度。 第二条 在本制度中，关联交易是指公司或者其控股子公司与公 司关联人之间发生的转移资源或义务的事项。 第三条 公司关联人包括关联法人（或者其他组织）和关联自然 人。 第四条 公司进行关联交易，应当保证关联交易的合法合规性、 必要性和公允性，保持公司的独立性，不得利用关联交易调节财务指 标，损害公司利益。交易各方不得隐瞒关联关系或者采取其他手段， 规避公司的关联交易审议程序和信息披露义务。 第五 ...

山西永东化工股份有限公司 接待和推广工作及信息披露备查登记制度 山西永东化工股份有限公司 接待和推广工作及信息披露备查登记制度 第一章 总则 第一条 为贯彻证券市场公开、公平、公正原则，规范山西永东化工 股份有限公司（以下简称公司）接待和推广的行为和管理，促进公司与 投资者和潜在投资者（以下统称"投资者"）之间的良性关系，加强公 司与外界的交流和沟通，改善公司治理，根据《中华人民共和国公司法》 （以下简称《公司法》）、《中华人民共和国证券法》（以下简称《证 券法》）等法律法规和中国证监会、深圳证券交易所有关文件以及《山 西永东化工股份有限公司章程》（以下简称《公司章程》）的规定，结 合公司实际情况，制定本制度。 第二条 本制度所述的接待和推广工作是指公司通过接受投资者调 研、邮寄资料、一对一沟通、现场参观、电话咨询、业绩说明会、分析 师会议和路演、新闻采访等活动，加强公司与投资者之间沟通，增进投 资者对公司了解的工作。 第三条 推广和接待的基本原则： 1、公平、公开、公正原则； 2、信息披露合规、完整原则； 3、推广和接待活动客观、真实、准确、完整的原则； 4、保密原则； 5、高效率、低成本的原则； 6、国家 ...