Financial Performance - The company's operating revenue for Q3 2025 was ¥81,256,115.38, representing a 51.70% increase compared to the same period last year[5] - The net profit attributable to shareholders was -¥2,424,203.38, a decrease of 69.42% year-on-year[5] - The net cash flow from operating activities was -¥41,126,853.07, reflecting a significant decline of 179.35% compared to the previous year[12] - Total operating revenue for the current period reached ¥184,338,043.53, an increase of 13.3% compared to ¥161,752,877.04 in the previous period[22] - The net loss for the current period was ¥7,859,546.96, an improvement from a net loss of ¥31,002,681.95 in the previous period[23] - The company reported a basic and diluted earnings per share of -¥0.0163, compared to -¥0.0631 in the previous period[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥590,219,325.79, down 18.87% from the end of the previous year[5] - The company's total assets decreased from RMB 727,519,148.80 at the beginning of the period to RMB 590,219,325.79 at the end of the period, reflecting a reduction of approximately 18.9%[20] - Current assets decreased from RMB 491,920,382.18 to RMB 354,920,346.07, a decline of about 28%[19] - Total liabilities decreased from RMB 207,197,830.43 to RMB 73,846,640.37, a decline of about 64.4%[20] - The total equity attributable to shareholders of the parent company decreased to ¥516,096,088.36 from ¥520,321,318.37 in the previous period[21] Cash Flow - The net cash flow from operating activities was negative at ¥41,126,853.07, compared to a positive cash flow of ¥51,829,657.19 in the previous period[24] - Cash inflows from operating activities totaled ¥222,135,554.47, compared to ¥189,753,782.24 in the previous period[24] - Net cash flow from investing activities was $18,803,906.89, down from $32,987,897.00[25] - Net cash flow from financing activities was $38,862,076.26, compared to a negative $13,422,351.17 in the previous period[25] - The total cash and cash equivalents at the end of the period amounted to $83,502,013.39, compared to $93,054,443.92 in the previous period[25] - The net increase in cash and cash equivalents was $15,561,081.68, down from $71,113,386.29[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,837[13] - The top shareholder, Wang Guimei, holds 12.73% of the shares, totaling 59,952,960 shares[14] Other Income and Expenses - The company reported a 717.57% increase in other income, totaling ¥298,678.86 for the year-to-date[11] - The company incurred research and development expenses, although specific figures were not disclosed in the report[22] Borrowings and Debt - Short-term borrowings increased to ¥30,000,000.00, marking a 100% rise due to new bank loans[10] - The company's long-term borrowings increased from RMB 14,880,000.00 to RMB 23,870,000.00, an increase of approximately 60.5%[20] - Cash paid for debt repayment was $5,030,000.00, compared to $10,030,000.00 in the previous period[25] - The company received $44,000,000.00 in cash from borrowings during the financing activities[25] Inventory and Receivables - Inventory levels rose by 39.69% to ¥160,728,561.08, attributed to increased raw material purchases[10] - Accounts receivable decreased from RMB 46,685,031.90 to RMB 32,679,113.17, a reduction of about 30%[19] Audit and Accounting Standards - The company did not undergo an audit for the third quarter financial report[26] - The new accounting standards will be first implemented starting in 2025[26] Equity Transactions - The company signed an agreement to sell 100% equity and debt claims of Taiyuan Delanda Technology Co., Ltd. to Shanxi Jiafeng Communication Technology Co., Ltd. for a transaction price of RMB 110 million[16] - As of the reporting period, the company has recovered a total of RMB 53,869,229.87 from the transaction[17]

Core Insights - The agricultural processing sector experienced a decline of 0.49% on October 20, with Baolingbao leading the drop [1] - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index closed at 12813.21, up 0.98% [1] Sector Performance - The following companies in the agricultural processing sector showed notable performance: - *ST Jiawo (300268): Closed at 10.47, up 3.97% with a trading volume of 16,000 shares and a turnover of 16.58 million yuan [1] - ST Langyuan (300175): Closed at 6.15, up 3.71% with a trading volume of 77,000 shares and a turnover of 47.05 million yuan [1] - Guotou Zhonglu (600962): Closed at 20.73, up 1.67% with a trading volume of 27,100 shares and a turnover of 56.22 million yuan [1] - *ST Zhongxi (000972): Closed at 3.84, up 1.32% with a trading volume of 110,400 shares and a turnover of 41.99 million yuan [1] - Tianye Co., Ltd. (920023): Closed at 4.27, up 1.18% with a trading volume of 43,300 shares and a turnover of 18.48 million yuan [1] Capital Flow - The agricultural processing sector saw a net outflow of 233 million yuan from main funds, while retail investors contributed a net inflow of 166.7 million yuan [3] - Speculative funds recorded a net inflow of 66.6 million yuan into the sector [3]

Core Insights - The agricultural processing sector saw a 0.8% increase on October 15, with Zunming Co. leading the gains [1] - The Shanghai Composite Index closed at 3912.21, up 1.22%, while the Shenzhen Component Index closed at 13118.75, up 1.73% [1] Agricultural Processing Sector Performance - Zunming Co. (003030) closed at 19.54, up 5.51% with a trading volume of 38,800 lots and a transaction value of 74.5 million yuan [1] - Guangnong Sugar Industry (000911) closed at 7.68, up 4.77% with a trading volume of 236,200 lots and a transaction value of 183 million yuan [1] - Yongshuntai (001338) closed at 11.98, up 4.63% with a trading volume of 269,200 lots and a transaction value of 324 million yuan [1] - Other notable performers include Guotou Zhonglu (600962) at 21.99 (+3.82%), Baolingbao (002286) at 9.97 (+3.10%), and Suobao Protein (603231) at 19.05 (+1.65%) [1] Capital Flow Analysis - The agricultural processing sector experienced a net inflow of 23.09 million yuan from main funds, while retail funds saw a net outflow of 23.04 million yuan [2] - Main funds showed significant inflows in Yongshuntai (6.01 million yuan) and Guangnong Sugar Industry (2.88 million yuan) [3] - Retail investors had notable outflows in Yongshuntai (-40.62 million yuan) and Guangnong Sugar Industry (-24.46 million yuan) [3]

从资金流向上来看，当日农产品加工板块主力资金净流出1178.04万元，游资资金净流入3503.85万元，散 户资金净流出2325.81万元。农产品加工板块个股资金流向见下表： 证券之星消息，10月13日农产品加工板块较上一交易日下跌0.19%，ST朗源领跌。当日上证指数报收于 3889.5，下跌0.19%。深证成指报收于13231.47，下跌0.93%。农产品加工板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 000972 | *ST中基 | 3.83 | 4.93% | 19.60万 | 7405.31万 | | 920273 | 一致魔宇 | 37.72 | 4.23% | 2.71万 | 1.01亿 | | 920371 | 欧福省业 | 10.80 | 1.89% | 5.42万 | 6013.86万 | | 600737 | 中粮糖业 | 16.18 | 1.57% | 52.33万 | 8.36亿 | | 600127 | 金健米业 | 6.85 | 0.88% ...

Core Viewpoint - ST Langyuan (300175.SZ) is actively selling its products through online platforms such as Taobao and Pinduoduo, focusing on primary products and bulk goods for domestic and international customers [1] Group 1: Company Operations - The company has established enterprise stores on Taobao and Pinduoduo [1] - The main products include dried fruits, nuts, and seeds, which are primarily sold as primary products and bulk goods [1] - Fresh fruit products are sold to wholesalers after selection and packaging [1]

Core Insights - The apple futures sector experienced a 0.46% increase on September 19, with ST Langyuan leading the gains [1] - The Shanghai Composite Index closed at 3820.09, down 0.3%, while the Shenzhen Component Index closed at 13070.86, down 0.04% [1] Sector Performance - The following table summarizes the performance of individual stocks within the apple futures sector: | Code | Name | Closing Price | Change (%) | Volume (thousand) | Turnover (million) | |--------|--------------|---------------|------------|-------------------|---------------------| | 300175 | ST Langyuan | 6.29 | 1.78% | 62.6 | 39.15 | | 603336 | Honghui Fruits| 9.92 | 1.12% | 231.2 | 23.00 | | 605198 | Andeli | 45.88 | 1.06% | 14.7 | 66.93 | | 000902 | Xinyangfeng | 13.85 | 0.44% | 125.0 | 173.00 | | 600962 | Guotou Zhonglu| 20.78 | -0.53% | 35.4 | 73.60 | | 600192 | Great Wall Electric| 9.34 | -1.68% | 115.3 | 108.00 | [1] Capital Flow Analysis - On the same day, the apple futures sector saw a net inflow of 13.52 million yuan from main funds, while retail funds experienced a net outflow of 14.18 million yuan [1] - The following table details the capital flow for individual stocks: | Code | Name | Main Net Inflow (yuan) | Main Net Ratio | Speculative Net Inflow (yuan) | Speculative Net Ratio | Retail Net Inflow (yuan) | Retail Net Ratio | |--------|--------------|------------------------|----------------|-------------------------------|-----------------------|--------------------------|-------------------| | 603336 | Honghui Fruits| 31.40 million | 13.67% | 7.30 million | 3.18% | -38.71 million | -16.85% | | 000902 | Xinyangfeng | 12.92 million | 7.46% | -17.85 million | -10.31% | 0.49 million | 2.85% | | 605198 | Andeli | 3.24 million | 4.85% | 3.11 million | 4.64% | -6.35 million | -9.49% | | 300175 | ST Langyuan | 2.33 million | 5.96% | -0.78 million | -2.00% | -1.55 million | -3.96% | | 600962 | Guotou Zhonglu| -10.30 million | -13.99% | -5.66 million | -7.69% | 15.96 million | 21.68% | | 600192 | Great Wall Electric| -26.09 million | -24.08% | -0.29 million | -0.27% | 26.39 million | 24.35% | [2]

Group 1 - The agricultural processing sector rose by 0.28% on September 19, with Guannong Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3820.09, down 0.3%, while the Shenzhen Component Index closed at 13070.86, down 0.04% [1] - Key stocks in the agricultural processing sector showed varied performance, with Guannong Co., Ltd. closing at 8.34, up 2.08%, and ST Langyuan at 6.29, up 1.78% [1] Group 2 - The agricultural processing sector saw a net inflow of main funds amounting to 72.77 million yuan, while retail investors experienced a net outflow of 114 million yuan [2] - The main fund inflow for COFCO Sugar was 136 million yuan, representing 11.60% of its total trading volume [3] - Guannong Co., Ltd. had a main fund inflow of 3.29 million yuan, with retail investors showing a net outflow of 6.66 million yuan [3]

证券代码：300175 证券简称：ST朗源 公告编号：2025-090 朗源股份有限公司 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： （一）本次股东大会未出现否决议案的情形； （二）本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1、会议召开时间 （1）现场会议召开时间：2025年9月17日（星期三）下午14：30。 （2）网络投票时间：2025年9月17日。其中，通过深圳证券交易所交易系统 进行网络投票的时间为2025年9月17日9:15-9:25，9:30-11:30，13:00-15:00； 通过深圳证券交易所互联网投票系统进行投票的时间为2025年9月17日9:15至15： 00的任意时间。 2、会议召开地点：山东省龙口高新技术产业园区朗源路299号公司三楼会议 室。 3、会议召开方式：本次股东大会采用现场表决与网络投票相结合的方式召 开。 4、会议召集人：朗源股份有限公司董事会。 股，占公司有表决权股份总数的23.9836％。通过网络投票的股东17 ...

2025 年第一次临时股东大会 之 见证法律意见书 上海市静安区山西北路 99 号苏河湾中心 MT25-28 楼 邮编:200085 25-28/F, Suhe Centre, 99 North Shanxi Road, Jing'an District, Shanghai, China T. +86 21 52341668 F. +86 21 52341670 E. grandallsh@grandall.com.cn W. www.grandall.com.cn 2025 年 9 月 国浩律师（上海）事务所 关 于 朗源股份有限公司 国浩律师（上海）事务所 关于朗源股份有限公司 2025 年第一次临时股东大会之见证法律意见书 致：朗源股份有限公司 朗源股份有限公司（以下简称"公司"）2025 年第一次临时股东大会于 2025 年 9 月 17 日 14 时 30 分在山东省龙口高新技术产业园区朗源路 299 号公司会议 室召开，国浩律师（上海）事务所（以下简称"本所"）接受公司的委托，指派秦 桂森律师、黄雨桑律师（以下简称"本所律师"）出席会议，并依据《中华人民共 和国证券法》（以下简称《证券法》）、《中 ...

Core Viewpoint - The agricultural processing sector experienced a decline of 0.58% on September 17, with *ST Zhongji leading the drop, while the overall market indices showed positive movements [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 3876.34, up by 0.37% [1]. - The Shenzhen Component Index closed at 13215.46, up by 1.16% [1]. Group 2: Individual Stock Performance - Morning Light Bio (300138) closed at 13.09, with an increase of 0.54% and a trading volume of 59,700 shares, totaling a transaction value of 78.23 million yuan [1]. - Baolingbao (002286) closed at 10.28, up by 0.49%, with a trading volume of 71,000 shares and a transaction value of 72.97 million yuan [1]. - COFCO Sugar (600737) closed at 16.85, up by 0.36%, with a trading volume of 336,400 shares and a transaction value of 566 million yuan [1]. - Other notable stocks include Jin Jian Rice Industry (600127) down by 0.29% and Golden Dragon Fish (300999) down by 0.33% [1]. Group 3: Fund Flow Analysis - The agricultural processing sector saw a net outflow of 71.57 million yuan from main funds, while retail funds experienced a net outflow of 10.00 million yuan [3]. - Speculative funds recorded a net inflow of 81.58 million yuan [3].