第五届董事会第二十三次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记 载、误导性陈述或者重大遗漏。 一、董事会会议召开情况 厦门万里石股份有限公司（以下简称"公司"）第五届董事会第二十三次会 议于 2025 年 8 月 15 日以邮件和通讯方式发出会议通知，并于 2025 年 8 月 22 日在厦门市思明区湖滨北路201号宏业大厦8楼公司大会议室以现场结合通讯的 方式召开临时会议。会议应出席董事为 6 人，实际出席董事 5 人（其中董事长胡 精沛先生委托副董事长邹鹏先生表决），本次会议由副董事长邹鹏先生主持，公 司监事、高级管理人员列席了会议，会议的召集和召开符合《中华人民共和国公 司法》和《公司章程》的有关规定，所做决议合法有效。经表决，会议审议通过 议案情况如下： 二、董事会会议审议情况 1、审议通过《公司 2025 年半年度报告及其摘要》； 证券代码：002785 证券简称：万里石 公告编号：2025-041 厦门万里石股份有限公司 经审议，董事会认为公司 2025 年半年度报告的内容真实、准确、完整地反 映了公司的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 ...

Core Viewpoint - Xiamen Wanli Stone Co., Ltd. reported a decrease in revenue but an increase in net profit for the first half of 2025, indicating a shift towards higher profitability despite lower sales volume [1][4]. Financial Performance - Revenue for the reporting period was CNY 603.71 million, a decrease of 7.55% compared to CNY 653.03 million in the same period last year [4][13]. - Net profit attributable to shareholders was CNY 5.23 million, an increase of 21.27% from CNY 4.31 million year-on-year [4][8]. - The net cash flow from operating activities was CNY 7.35 million, a significant recovery from a negative CNY 34.98 million in the previous year, marking a 121% improvement [4][14]. - Basic earnings per share rose to CNY 0.0231, up 23.53% from CNY 0.0187 [4][8]. Business Overview - The company operates as a comprehensive service provider in the mid-to-high-end stone industry, focusing on design, processing, sales, and installation of architectural and landscape stone [5][6]. - The company is transitioning towards resource-oriented businesses, expanding into lithium and uranium resource development [5][6]. Industry Context - The decoration and renovation industry saw a production value of CNY 597.29 billion in the first half of 2025, growing by 4.27% year-on-year, while real estate development investment decreased by 11.2% [5][6]. - The stone industry is facing challenges such as technological innovation, management upgrades, and environmental regulations, but also opportunities from urban renewal and infrastructure investments [5][6]. Market Dynamics - Domestic revenue decreased by 11.97% to CNY 378.31 million, while international business revenue increased by 0.94% to CNY 225.40 million, indicating a shift in market focus [4][9]. - The company is enhancing its global strategy, particularly in Southeast Asia, to mitigate trade barriers and optimize its supply chain [4][9]. Strategic Initiatives - The company is focusing on high-quality projects and strategic partnerships with state-owned enterprises and major construction groups to capture growth in key infrastructure projects [5][10]. - A new lithium carbonate production line is in trial production, with plans for scale-up, reflecting the company's commitment to diversifying its resource portfolio [5][10]. Competitive Advantages - As the first stone company listed on A-shares, the company emphasizes brand building and quality service, which has led to numerous industry accolades [5][11]. - The company has developed a comprehensive service model that integrates design, manufacturing, construction, and after-sales service, enhancing its competitive edge [5][11].

厦门万里石股份有限公司 2025 年半年度报 告摘要 证 券 代 码 ： 00 2 7 85 证 券 简称 ： 万里 石 公告 编 号 ： 2 025 - 0 4 3 厦门万里石股份有限公司 2025 年半年度报告摘要 一、重要提示 本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规 划， 投资者应当到证监会指定媒体仔细阅读半年度报告全文。 所有董事均已出席了审议本报告的董事会会议。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 董事会决议通过的本报告期优先股利润分配预案 □适用 ?不适用 二、公司基本情况 股票简称 万里石 股票代码 002785 股票上市交易所 厦门万里石股份有限公司 变更前的股票简称（如有） 深圳证券交易所 联系人和联系方式 董事会秘书 证券事务代表 姓名 殷逸伦 邓金银 厦门市思明区湖滨北路 201 号宏业 厦门市思明区湖滨北路 201 号宏业 办公地址 大厦 8 楼 大厦 8 楼 电话 （0592）5065075 （0592）5065075 电子信箱 zhengquan@wanli.com zhengquan@wanli.com 公司是否需 ...

证券代码：002785 证券简称：万里石 公告编号：2025-041 厦门万里石股份有限公司 第五届董事会第二十三次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记 载、误导性陈述或者重大遗漏。 一、 董事会会议召开情况 厦门万里石股份有限公司（以下简称"公司"）第五届董事会第二十三次会 议于 2025 年 8 月 15 日以邮件和通讯方式发出会议通知，并于 2025 年 8 月 22 日在厦门市思明区湖滨北路 201 号宏业大厦 8 楼公司大会议室以现场结合通讯的 方式召开临时会议。会议应出席董事为 6 人，实际出席董事 5 人（其中董事长胡 精沛先生委托副董事长邹鹏先生表决），本次会议由副董事长邹鹏先生主持，公 司监事、高级管理人员列席了会议，会议的召集和召开符合《中华人民共和国公 司法》和《公司章程》的有关规定，所做决议合法有效。经表决，会议审议通过 议案情况如下： 公司根据实际经营发展需要，拟新增日常关联交易预计，具体如下：新增与 关联公司厦门资生环保科技有限公司（以下简称"资生环保"）签署《业务合作 框架性协议》，预计发生的日常关联交易总额不超过 2,500 万元；新 ...

厦门万里石股份有限公司 第五届监事会第十九次会议决议公告 本公司及监事会全体成员保证公告内容的真实、准确和完整，不存在虚假记 载、误导性陈述或者重大遗漏。 证券代码：002785 证券简称：万里石 公告编号：2025-042 特此公告。 厦门万里石股份有限公司监事会 厦门万里石股份有限公司（以下简称"公司"）第五届监事会第十九次会议 于 2025 年 8 月 15 日以邮件和通讯方式发出会议通知，并于 2025 年 8 月 22 日在 厦门市思明区湖滨北路 201 号宏业大厦 8 楼公司大会议室以现场结合通讯的方式 召开临时会议。会议应参加表决的监事为 3 人，实际参加表决的监事 3 人。会议 由监事会主席夏乾鹏先生主持，公司董事、高级管理人员列席了会议，会议的召 集和召开符合《中华人民共和国公司法》和《公司章程》的有关规定，所做决议 合法有效。经表决，会议审议通过议案情况如下： 二、监事会会议审议情况 经审议，监事会认为公司 2025 年半年度报告的内容真实、准确、完整地反 映了公司的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 《公司 2025 年半年度报告摘要》详细内容请参见《证券时报》《中国 ...

Financial Overview - The company reported a total revenue of CNY 603,711,243.07 for the first half of 2025, a decrease from CNY 653,029,548.92 in the same period of 2024, representing a decline of approximately 7.5% [3][4] - Total operating costs for the first half of 2025 were CNY 603,890,285.62, down from CNY 647,538,364.36 in 2024, indicating a reduction of about 6.7% [4][5] - The net profit for the first half of 2025 was reported at CNY -139,840.44, compared to a net loss of CNY -4,828,953.85 in the same period of 2024, showing an improvement in financial performance [4][5] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,651,073,008.17, slightly up from CNY 1,636,887,160.60 at the beginning of the year [2][3] - Current assets totaled CNY 1,121,487,936.51, compared to CNY 1,108,048,528.90 at the start of the period, reflecting a modest increase [2][3] - Total liabilities increased to CNY 712,257,269.62 from CNY 696,600,044.40, indicating a rise in financial obligations [2][3] Cash Flow - The net cash flow from operating activities was CNY 7,345,307.96, a significant recovery from a negative cash flow of CNY -34,977,181.56 in the previous year [5][6] - Cash flow from investing activities showed a net inflow of CNY 18,961,154.88, compared to a net outflow of CNY -24,996,161.07 in the same period of 2024 [5][6] - Cash flow from financing activities resulted in a net inflow of CNY 22,497,034.25, up from CNY 1,749,415.00 in the previous year [5][6] Equity - Total equity at the end of the reporting period was CNY 938,815,738.55, slightly down from CNY 940,287,116.20 at the beginning of the year [2][3] - The company's retained earnings increased to CNY 104,476,324.14 from CNY 99,250,859.03, indicating a positive trend in profit retention [2][3] Key Ratios - Basic earnings per share for the first half of 2025 were CNY 0.0231, compared to CNY 0.0187 in the same period of 2024, reflecting an improvement in profitability per share [4][5] - The company's operating profit was CNY 4,789,559.66, a significant recovery from a loss of CNY -1,614,323.93 in the previous year [4][5]

Core Viewpoint - The company plans to conduct foreign exchange hedging activities to mitigate foreign exchange market risks and reduce exchange losses, with a limit of up to 10 million USD or equivalent currency [1][2]. Summary by Sections Foreign Exchange Hedging Business Overview - The company and its subsidiaries intend to engage in foreign exchange hedging to lower the impact of exchange rate fluctuations on operations and minimize exchange losses [1][2]. Business Scope and Approval Process - The hedging activities will be conducted within a limit of 10 million USD or equivalent currency, with the ability to roll over the amount within a 12-month period from the board's approval [2]. - The board has authorized the management to approve daily hedging plans and sign related contracts, with the finance department responsible for execution [2][3]. Risk Analysis - While foreign exchange hedging can reduce the impact of significant exchange rate fluctuations, it may also introduce risks such as potential exchange losses if the locked-in rates deviate from actual rates [3]. - The complexity of hedging operations may lead to operational risks due to inadequate internal controls or personnel expertise [3]. Accounting Principles - The company will follow relevant accounting standards for the recognition and measurement of financial instruments and hedging activities [4].

Group 1 - The company plans to conduct foreign exchange hedging to mitigate risks associated with currency fluctuations impacting its operations [1][2] - The hedging activities will be limited to a maximum of $10 million or equivalent in other currencies, with the ability to roll over this amount within a 12-month period [1][2] - The company will utilize its own funds or a certain proportion of bank credit for these hedging activities, avoiding the use of raised funds [2] Group 2 - The necessity and feasibility of the hedging activities are underscored by the company's significant export business, which is affected by international political and economic uncertainties [2][4] - The company has established a foreign exchange hedging management system to ensure structured operations and has implemented specific risk control measures [3][4] - The company will adhere to principles of locking in exchange rate risks and will not engage in speculative trading [2][3] Group 3 - The company acknowledges potential risks associated with foreign exchange hedging, including discrepancies between locked-in rates and actual transaction rates, which could lead to exchange losses [2][3] - Operational complexities and the potential for inaccurate payment forecasts due to changes in customer or supplier orders may increase exchange risk exposure [3] - The company has set clear internal controls and audit processes to monitor the effectiveness and financial implications of the hedging activities [3][4]

Group 1 - The company has significant non-operating fund usage, with various related parties involved in financial transactions [1][2][3] - Total non-operating fund usage amounts to 25,268.75 million, with a breakdown of 1,059.19 million in interest and 24,409.77 million in principal [4] - The company has multiple subsidiaries and affiliated enterprises engaged in financial transactions, indicating a complex financial structure [2][3][4] Group 2 - The company has a substantial amount of accounts receivable from related parties, totaling 10,724.16 million, with specific amounts owed by various subsidiaries [2][3] - The financial transactions include significant amounts for operational purposes, such as 1,471.04 million in accounts receivable from a subsidiary [3] - The company is involved in various financial dealings with its subsidiaries, indicating a reliance on inter-company transactions for liquidity [1][2][3]

证券代码：002785 证券简称：万里石 公告编号：2025-044 厦门万里石股份有限公司 关于新增2025年度日常关联交易预计的公告 本公司及董事会全体成员保证信息披露内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 一、日常关联交易的基本情况 截至披露日已 上年发生 关联交 关联交易 关联交易 关联人 预计金额 发生金额（万 金额（万 易类别 内容 定价原则 元） 元） 宝发新材料 向关联方 提 供 技 成本加成 797,783.88 （越南）有 提供技术 301.50 - 术服务 法 美元 限公司 服务 截至披露日已 上年发生 关联交 关联交易 关联交易 关联人 预计金额 发生金额（万 金额（万 易类别 内容 定价原则 元） 元） 粗 制 硫 向关联方 厦门资生环 酸 镍 等 销售粗制 参照市场 2,500 万元 保科技有限 288.35 - 产 品 销 硫酸镍等 价格 人民币 公司 售 产品 合计 - 589.85 二、关联方的基本情况 公司名称：宝发新材料（越南）有限公司（中文） C?NG TY TNHH NGUY?N LI?U M?I B?O PH?T (VI?T NAM) （越南语 ...