Core Insights - The company reported a revenue of 590 million yuan for the first half of 2025, facing short-term pressure due to industry demand fluctuations, but demonstrating resilience through strong core competitiveness and strategic foresight [1] - As a leading global provider of energy and chemical storage logistics services, the company's core business encompasses five major segments, including comprehensive services for terminal tanks and chemical warehousing logistics [1] Business Expansion and Network - The company's geographical layout advantages have deepened, focusing on core economic belts in East and South China, forming a network that links the Yangtze River and Pearl River regions, as well as multiple collaborations in the Bohai Rim and Chengdu-Chongqing economic circles [1] - The company has significant competitive barriers with operational tank capacity reaching 518.44 million cubic meters and chemical warehouse capacity at 12.53 million square meters, with a new chemical warehouse of 33,700 square meters in Changzhou completed and awaiting inspection [1] Value-Added Services - The value-added services segment has shown remarkable performance, becoming a new growth engine for the company, with revenue from smart customer service increasing by 112.25% year-on-year, providing secure and efficient cargo rights delivery services through an electronic trading system [2] - Revenue from hazardous chemical vehicle services grew by 10.45%, offering comprehensive support for hazardous chemical vehicles in the park [2] - The integration of services such as cargo storage and exchange, tank cleaning, and wastewater treatment with warehousing operations enhances customer loyalty and builds a differentiated competitive advantage [2] Financial Resilience - Despite short-term performance pressure, the company demonstrated strong operational resilience, with net cash flow from operating activities reaching 385 million yuan, indicating solid core business profitability [2]

Group 1 - The core point of the article is that Hongchuan Wisdom (SZ 002930) held its 15th meeting of the fourth board of directors on August 28, 2025, via telecommunication voting, where it reviewed proposals including providing guarantees for the qualifications of its subsidiary's delivery warehouses [1] - For the first half of 2025, the revenue composition of Hongchuan Wisdom was as follows: warehousing and transfer comprehensive services accounted for 94.73%, smart customer service accounted for 2.84%, other businesses accounted for 0.95%, washing and wastewater treatment services accounted for 0.76%, and hazardous chemical vehicle highway port services accounted for 0.69% [1]

格隆汇8月28日丨宏川智慧(002930.SZ)公布2025年半年度报告，上半年公司实现营业收入5.90亿元，同 比下降19.80%；归属于上市公司股东的净利润-1220.31万元；归属于上市公司股东的扣除非经常性损益 的净利润-1780.57万元；基本每股收益-0.03元。 ...

| 证券代码：002930 | 证券简称：宏川智慧 | 公告编号：2025-102 | | --- | --- | --- | | 债券代码：128121 | 债券简称：宏川转债 | | 广东宏川智慧物流股份有限公司 关于"宏川转债"回售的提示性公告 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、投资者回售选择权：根据《广东宏川智慧物流股份有限公司 公开发行可转换公司债券募集说明书》（以下简称"《募集说明书》"） 的约定，"宏川转债"持有人可回售部分或者全部未转股的"宏川转 债"。"宏川转债"持有人有权选择是否进行回售，本次回售不具有 强制性。 2、回售价格：100.312 元/张（含息税） 3、回售条件触发日：2025 年 8 月 27 日 4、回售申报期：2025 年 9 月 12 日至 18 日 5、发行人资金到账日：2025 年 9 月 23 日 6、回售款划拨日：2025 年 9 月 24 日 7、投资者回售款到账日：2025 年 9 月 25 日 8、回售期内"宏川转债"暂停转股 1/6 一、回售情况概述 1、有条件回售条款 在本次 ...

Financial Performance - The company's operating revenue for the first half of 2025 was ¥590,463,260.45, a decrease of 19.80% compared to ¥736,243,478.02 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was a loss of ¥12,203,114.00, representing a decline of 109.20% from a profit of ¥132,687,153.82 in the previous year[18]. - The net cash flow from operating activities was ¥385,191,758.94, down 17.72% from ¥468,169,043.81 in the same period last year[18]. - The basic earnings per share were -¥0.03, a decrease of 110.34% compared to ¥0.29 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was -¥17,805,715.89, a decline of 116.42% from ¥108,416,179.92 in the same period last year[18]. - Revenue for the reporting period was 590,463,260.45 yuan, a decrease of 19.80% compared to 736,243,478.02 yuan in the same period last year, primarily due to declines in demand, occupancy rates, and unit prices[44]. - Operating profit for the first half of 2025 was CNY 20,068,202.42, down from CNY 158,919,123.48 in the same period last year, reflecting a significant decline[150]. - The company reported a decrease in comprehensive income attributable to shareholders of the parent company, totaling CNY -16,579,104.40 for the first half of 2025[150]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,350,590,004.29, a slight decrease of 0.16% from ¥9,365,568,546.30 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company decreased by 4.28% to ¥2,506,908,060.22 from ¥2,619,052,592.44 at the end of the previous year[18]. - Total liabilities rose to CNY 1,275,644,083.66, compared to CNY 1,053,511,469.46 at the start of the period, indicating increased leverage[147]. - The company's total assets slightly decreased to 9.35 billion yuan from 9.37 billion yuan, with total non-current assets also declining[144]. - The total equity attributable to shareholders of 2,506,908,060.22 CNY at the end of the first half of 2025, compared to 3,077,149,961.97 CNY at the end of the previous year[159]. Cash Flow - The net increase in cash and cash equivalents was -81,244,836.58 yuan, a decline of 398.06%, resulting from decreased revenue and reduced bank borrowings[45]. - Cash flow from operating activities fell by 17.72% to 385,191,758.94 yuan, driven by a decrease in revenue from storage services[45]. - The net cash flow from investment activities improved by 24.87%, amounting to -362,922,306.49 yuan, due to the absence of large equity transfer payments made in the previous period[45]. - The company experienced a significant decline of 340.84% in cash flow from financing activities, totaling -101,394,367.08 yuan, primarily due to reduced bank borrowings[45]. - The cash inflow from investment activities decreased to 945,445,362.28 CNY in the first half of 2025 from 1,721,656,351.26 CNY in the first half of 2024, reflecting a significant reduction of approximately 45%[156]. - The total cash outflow for investment activities was 844,986,311.63 CNY in the first half of 2025, down from 1,311,350,000.00 CNY in the first half of 2024, indicating a reduction of approximately 36%[156]. Strategic Initiatives - The company has established a strategic presence in key regions, including the Yangtze River Delta and the Guangdong-Hong Kong-Macau Greater Bay Area, to optimize service coverage[32]. - The company has developed a comprehensive service model that includes integrated logistics services, chemical warehousing, and value-added services[25]. - The company has implemented a dual-track growth strategy through continuous acquisitions in both terminal storage and chemical warehousing sectors[29]. - The company emphasizes continuous innovation and cultural development as core competitive advantages, focusing on employee engagement and operational excellence[30]. - The company is focusing on mergers and acquisitions to drive growth in key economic regions, including the Greater Bay Area and Yangtze River Delta, despite facing integration risks[67]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares[3]. - The company has not declared any cash dividends or stock bonuses for the current reporting period[71]. - The total number of stock options involved in the equity incentive plans is 22.935 million, accounting for 5.01% of the company's total equity as of June 30, 2025[76]. - The company approved a profit distribution plan for 2024, proposing a cash dividend of 2.00 yuan per 10 shares based on a total share capital of 457,489,586 shares[108]. - The company’s total equity increased to CNY 2,086,534,668.04 from CNY 2,032,328,847.34, reflecting a slight improvement in shareholder value[148]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements in the report[3]. - The company has a significant amount of interest-bearing debt, which poses a risk to its debt repayment capacity, especially with ongoing pressure on main business performance[67]. - Measures to enhance debt repayment capacity include improving cash flow management and optimizing debt structure, alongside expanding financing channels[68]. Operational Capacity - The company operates a total storage capacity of 5.1844 million cubic meters across various storage bases, with individual tank capacities ranging from 100 to 50,000 cubic meters[34]. - The company has a total of 14 operational terminals, including three 80,000-ton terminals and one 50,000-ton terminal, enhancing its logistics capabilities[33]. - The company has a total operational warehouse area of 125,300 square meters, with a new chemical warehouse of approximately 33,700 square meters awaiting inspection and operation[34]. Corporate Governance - The company has fulfilled all commitments made by actual controllers, shareholders, and related parties during the reporting period[81]. - The company has not engaged in any external guarantees during the reporting period[84]. - The semi-annual financial report has not been audited[85]. - The company has no significant related party transactions during the reporting period[88]. Employee Engagement and Social Responsibility - The company emphasizes sustainable development and integrates social responsibility into its operations, focusing on shareholder returns and employee welfare[79]. - The company has established a comprehensive training and development system for employees to enhance their sense of belonging and happiness[79]. - The company actively engages in charitable donations and volunteer activities through its "Hao Shan Charity Fund" and "Hong Chuan Charity Day" initiatives[79].

| 证券代码：002930 | 证券简称：宏川智慧 | 公告编号：2025-101 | | --- | --- | --- | | 债券代码：128121 | 债券简称：宏川转债 | | 广东宏川智慧物流股份有限公司 关于举行 2025 年半年度报告网上说明会的通知 1 / 2 于 2025 年 9 月 1 日前访问全景网问题征集专题页面（http://ir.p5w.ne t/zj/），或扫描下方二维码，进入问题征集专题页面，提交您所关注 的问题，便于公司在本次说明会上对投资者普遍关注的问题进行回答。 本次说明会期间，投资者仍可登陆活动界面进行互动提问。 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。 广东宏川智慧物流股份有限公司（以下简称"公司"）《2025 年半年度报告》经公司第四届董事会第十五次会议、第四届监事会第 十一次会议审议通过，已于 2025 年 8 月 29 日在巨潮资讯网 （http://www.cninfo.com.cn）予以披露。 为使广大投资者进一步了解公司《2025 年半年度报告》相关信 息，公司定于 2025 年 9 月 1 日（星 ...

广东宏川智慧物流股份有限公司 2025 年半年度财务报告 财务附注中报表的单位为：元 1、合并资产负债表 广东宏川智慧物流股份有限公司 2025 年半年度财务报告 2025 年 8 月 1 广东宏川智慧物流股份有限公司 2025 年半年度财务报告 一、审计报告 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 二、财务报表 编制单位：广东宏川智慧物流股份有限公司 2025 年 06 月 30 日 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 347,144,342.85 | 428,389,179.43 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | 63,093,649.27 | 24,077,982.49 | | 衍生金融资产 | | | | 应收票据 | 4,741,464.68 | 4,279,568.57 | | 应收账款 | 182,689,910.28 | 190,778,284.42 | | 应收款项融资 | | | | 预付款项 | 6,835,613. ...

关于下属公司申请交割仓库资质的公告 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。 广东宏川智慧物流股份有限公司（以下简称"公司"）于 2025 年 8 月 28 日召开了第四届董事会第十五次会议，审议通过了《关于 下属公司申请交割仓库资质的议案》。现将有关情况公告如下： 公司下属公司东莞三江港口储罐有限公司拟向郑州商品交易所 （以下简称"郑商所"）申请甲醇指定交割仓库资质。 本次申请甲醇指定交割仓库资质，将有助于提高客户信任度、增 强客户粘性，促进甲醇仓储业务开展，进一步提升公司的盈利能力和 市场竞争力。 本次申请甲醇指定交割仓库资质事宜尚存在不确定性，最终是否 取得甲醇交割仓库资质需以郑商所审核结果为准。公司将持续关注本 次申请进展并及时履行信息披露义务。 | 证券代码：002930 | 证券简称：宏川智慧 | 公告编号：2025-098 | | --- | --- | --- | | 债券代码：128121 | 债券简称：宏川转债 | | 广东宏川智慧物流股份有限公司 特此公告。 1 / 2 广东宏川智慧物流股份有限公司 董事会 2025 年 8 月 2 ...

| 编制 单位 | ：广 东宏 | 川智 慧物 | 流股 份有 | 限公 | 司 | | | | | | | | | | | | 单位 ：万 元 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 其他 关联 | 资金 往 来 | | 资金 | 往来 | 方名 称 | 往来 方与 | 上市 公司 的关 联关 | 上市 公司 核算 系 科目 | 的会 计 2025 年期 初往 额 | 来资 金余 2025 年半 发生 金额 | 年度 往来 累计 2025 （不 含利 息） | 年半 年度 往来 资金 2025 的利 息 （如 有） | 年半 年度 偿还 累计 2025 发生 金额 | 年半 年度 期末 往来 往来 资金 余额 | 形成 原因 | | 往来 性质 | | | | 广东 宏川 | 新材 料股 | 份有 | 限公 司 | 实际 控制 | 人控 制的 其他 企业 | 应收 账款 | | 120. 07 | 637. 70 | - ...

| 证券代码：002930 | 证券简称：宏川智慧 | 公告编号：2025-099 | | --- | --- | --- | | 债券代码：128121 | 债券简称：宏川转债 | | 广东宏川智慧物流股份有限公司 关于为下属公司交割仓库资质提供担保的公告 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。 特别风险提示： 本次担保不涉及具体担保金额，广东宏川智慧物流股份有限公司 （以下简称"公司"）及控股子公司经审议批准且正在履行的担保额 度（即前期审议通过的且有明确担保金额的担保额度）占最近一期经 审计净资产的 224.41%。 一、担保情况概述 公司下属公司东莞三江港口储罐有限公司（以下简称"东莞三江"） 拟向郑州商品交易所（以下简称"郑商所"）申请甲醇指定交割仓库 资质，公司拟为东莞三江参与期货交割等业务所应承担的一切责任承 担全额连带担保责任。 本次担保事项已经公司第四届董事会第十五次会议以 7 票赞成、 0 票反对、0 票弃权表决通过，本次担保事项尚需提交公司股东大会 以特别决议审议。 1 / 4 二、被担保方基本情况 公司名称：东莞三江港口储罐有限 ...