Core Insights - *ST Xinyuan (300472.SZ) reported its Q3 2025 financial results on October 30, 2025, highlighting a decrease in institutional ownership [1] Group 1: Institutional Ownership - As of October 29, 2025, two institutional investors disclosed holdings in *ST Xinyuan A-shares, totaling 6.6309 million shares, which represents 2.41% of the total share capital [1] - The institutional investors include Ningbo Century Wanxiang Enterprise Management Partnership (Limited Partnership) and Beijing Xingsheng Chuangzhuo Investment Management Center (Limited Partnership) [1] - Compared to the previous quarter, the total institutional ownership percentage decreased by 1.15 percentage points [1]

Group 1 - The core point of the article is that *ST Xinyuan held its 17th meeting of the 5th board of directors on October 29, 2025, via communication, discussing the rules and member changes of the transitional temporary working group [1] - For the first half of 2025, *ST Xinyuan's revenue composition is entirely from the specialized equipment manufacturing industry, accounting for 100.0% [1] - As of the report, *ST Xinyuan has a market capitalization of 2.1 billion yuan [1] Group 2 - The A-share market has surpassed 4000 points, marking a significant resurgence after ten years of stagnation, with technology leading the market's transformation [1] - The emergence of a "slow bull" market pattern is indicated, suggesting a new trend in market dynamics [1]

经董事会提名委员会、审计委员会审查通过，公司董事会拟聘任孙洪涛女士 （简历附后）担任公司财务总监，任期自本次董事会会议审议通过之日起至公司第 五届董事会届满为止。 特此公告。 万向新元科技股份有限公司董事会 2025年10月29日 附件：简历 孙洪涛，女，1971年生，无境外永久居留权，本科学历，会计师。自2008年起 就职于公司财务部，现任公司财务经理。 证券代码：300472 证券简称：*ST新元 公告编号：临-2025-144 万向新元科技股份有限公司 关于聘任公司财务总监的公告 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。 万向新元科技股份有限公司（以下简称"公司"）第五届董事会第十七次会议 于2025年10月29日以通讯表决方式召开，本次会议审议通过了《关于聘任公司财务 总监的议案》。 孙洪涛女士持有公司股权激励股份215,000股，与实际控制人、持有公司5%以 上股份的股东、公司现任董事及高级管理人员不存在关联关系，未受过中国证监会 及其他有关部门的处罚和证券交易所惩戒，其任职资格符合《公司法》《公司章程》 等相关法律、法规要求的任职条件，不存在 ...

关于2025年前三季度计提信用减值损失及资产减值损失的公告 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。 万向新元科技股份有限公司（以下简称"公司"）于 2025年10月29日召开第 五届董事会第十七次会议，审议通过了《关于2025年前三季度计提信用减值损 失及资产减值损失的议案》，2025 年前三季度合并报表计提信用减值损失及资 产减值损失共计4,462,625.89元，现将具体情况公告如下： 证券代码：300472 证券简称：*ST新元 公告编号：临-2025-143 万向新元科技股份有限公司 一、本次计提信用减值损失及资产减值损失情况概述 1、本次计提信用减值损失及资产减值损失的原因 根据《企业会计准则》及公司会计政策等相关规定的要求，为真实、准确 反映公司截至2025年9月30日的财务状况、资产价值及经营成果，基于谨慎性原 则，公司对合并报表内的各类资产进行了全面检查和减值测试，对截至2025年9 月30日存在减值迹象的相关资产计提信用减值损失及资产减值损失。 2、本次计提减值损失的情况 单位：元 | 类别 | 项目 | 2025年1-9月发生额 | ...

证券代码：300472 证券简称：*ST 新元 公告编号：临-2025-142 万向新元科技股份有限公司 第五届董事会第十七次会议决议公告 该议案已经公司董事会审计委员会审议通过，具体内容详见公司同日披露于 巨潮资讯网的《2025 年三季度报告》。 表决结果：九票同意，零票反对，零票弃权。 议案二、《关于 2025 年前三季度计提信用减值损失及资产减值损失的议案》 根据《企业会计准则》及公司会计政策等相关规定的要求，为真实、准确反 映公司截至 2025 年 9 月 30 日的财务状况、资产价值及经营成果，基于谨慎性原 则，对截至 2025 年 9 月 30 日存在减值迹象的相关资产计提信用减值损失及资产 减值损失。具体内容详见公司同日披露于巨潮资讯网的《关于 2025 年前三季度 计提信用减值损失及资产减值损失的公告》。 表决结果：九票同意，零票反对，零票弃权。 议案三、《关于聘任公司财务总监的议案》 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、误导性陈述或者重大遗漏。 万向新元科技股份有限公司（以下简称"公司"）于 2025 年 10 月 29 日以 通讯方式召开第五届董事会第 ...

Group 1 - The core point of the article highlights *ST Xinyuan's significant decline in revenue and net profit for the third quarter of 2023, indicating financial distress [1] - The company's revenue for the first three quarters of 2023 is approximately 68.43 million yuan, representing a year-on-year decrease of 75.14% [1] - The net profit attributable to shareholders is a loss of approximately 81.72 million yuan, with a basic earnings per share loss of 0.30 yuan [1] Group 2 - As of the report, *ST Xinyuan's market capitalization stands at 2.1 billion yuan [2] - The A-share market has recently surpassed 4,000 points, marking a significant resurgence after a decade of stagnation, with technology leading the market's transformation [2]

Group 1 - The company *ST XinYuan announced the appointment of Sun Hongtao as the new Chief Financial Officer, approved by the board's nomination committee and audit committee [1] - For the first half of 2025, *ST XinYuan's revenue will be entirely derived from the specialized equipment manufacturing industry, accounting for 100% [1] Group 2 - As of the latest report, *ST XinYuan has a market capitalization of 2.1 billion yuan [2] - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation, with technology leading the market's transformation into a "slow bull" pattern [2]

Revenue and Profitability - Revenue for Q3 2025 was CNY 62,003,034.67, representing a 13.33% increase year-over-year, but a 75.14% decrease compared to the previous period[5] - Net profit attributable to shareholders was CNY -16,655,422.70, a 43.91% increase year-over-year, and a 40.34% decrease compared to the previous period[5] - Basic and diluted earnings per share were both CNY -0.06, reflecting a 45.45% improvement year-over-year, and a 42.86% decrease compared to the previous period[5] - The company reported a significant decrease in operating income, down 75.14% from CNY 275,280,746.33 in the same period last year[10] - Net loss for Q3 2025 was ¥83,715,107.05, compared to a net loss of ¥61,921,766.71 in the previous year, indicating a worsening of 35.5%[23] - The net profit attributable to the parent company was a loss of ¥81,720,903.16, compared to a loss of ¥58,232,529.66 in the previous period, indicating an increase in losses of approximately 40.4%[24] - The total comprehensive income amounted to a loss of ¥83,715,107.05, compared to a loss of ¥61,921,766.71 in the previous period, reflecting a 35.2% increase in losses[24] - Basic and diluted earnings per share were both reported at -¥0.30, compared to -¥0.21 in the previous period, representing a decline of approximately 42.9%[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 982,807,419.25, a decrease of 2.97% from the end of the previous year[5] - Total assets decreased to ¥982,807,419.25 from ¥1,012,848,646.10, a decline of 3.0%[20] - Total liabilities increased to ¥1,063,383,031.97 from ¥1,009,709,151.77, an increase of 5.3%[21] - The company’s equity attributable to shareholders decreased to -¥55,024,801.97 from ¥26,696,101.19, indicating a significant decline in shareholder equity[21] Cash Flow and Expenses - The company recorded a net cash outflow from operating activities of CNY -21,885,671.72, a 82.31% increase in cash outflow compared to the previous period[5] - Cash flow from operating activities showed a net outflow of ¥21,885,671.72, an improvement from a net outflow of ¥123,691,710.55 in the previous period[26] - Cash received from sales of goods and services was ¥32,589,066.84, significantly lower than ¥182,038,710.16 in the previous period, indicating a decrease of approximately 82.1%[25] - The net cash flow from financing activities was ¥19,230,933.12, down from ¥43,337,376.46 in the previous period, reflecting a decrease of about 55.6%[26] - The ending balance of cash and cash equivalents was ¥710,325.65, a significant drop from ¥5,701,587.01 in the previous period, indicating a decrease of approximately 87.5%[27] - The company reported cash outflows from operating activities totaling ¥74,580,917.01, compared to ¥311,062,661.84 in the previous period, showing a reduction of about 76.0%[26] - The cash inflow from investment activities was ¥9,000.00, compared to ¥9,011,277.58 in the previous period, indicating a decrease of approximately 99.9%[26] Research and Development - Research and development expenses decreased by 77.98% to CNY 8,149,283.05, primarily due to reduced personnel and material costs[10] - Research and development expenses for Q3 2025 were ¥8,149,283.05, down 78.0% from ¥37,004,970.87 year-over-year[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,519, with no preferred shareholders having restored voting rights[11] - The largest shareholder, Zhu Yesheng, holds 6.86% of the shares, amounting to 18,896,043 shares, which are currently frozen[11] - The company has no preferred shareholders and no changes in restricted shares during the reporting period[12] - The company’s major shareholders have restored their full shareholder rights after terminating a voting rights delegation agreement[17] Restructuring and Investment - The company has initiated a pre-restructuring process due to an inability to repay debts, with a court decision made on July 4, 2025, to start the pre-restructuring[13] - A total of 21 potential investors have submitted materials for pre-restructuring investment, including 10 industrial investors and 11 financial investors[16] - The company has authorized the temporary administrator to apply for a loan of up to 70 million yuan during the pre-restructuring period to support operations[16] - The company has extended the pre-restructuring investment application deadline to protect the rights of all creditors and investors[14] - The first temporary creditors' meeting is scheduled for October 17, 2025, to discuss the restructuring process[17] Employee Compensation - The company reported a significant increase in employee compensation liabilities, rising to ¥42,881,496.48 from ¥31,496,112.80, an increase of 36.0%[21] Audit Information - The company did not undergo an audit for the third quarter financial report[28]

证券代码：300472 证券简称：*ST 新元 公告编号：临-2025-140 万向新元科技股份有限公司 关于子公司银行贷款逾期的诉讼进展暨公司实控人部分股 票将被法院拍卖的公告 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： 截至本公告披露日，朱业胜先生持有公司股份 18,896,043 股，占公司总股 本的 6.86%，本次将被拍卖股份（8106050 股）占公司总股本的 2.94%。此事项 不会导致公司控制权发生变更，亦不会导致公司股权分布不具备上市条件。 公司已就上述司法拍卖事项提出执行异议，最终结果尚存在不确定性，公 司将持续关注上述事项的进展情况，并将按照相关法律法规及规范性文件的要 求及时履行信息披露义务。 优先购买权人经通知未提交购买申请的，视为放弃优先购买权。特此通知。" 万向新元科技股份有限公司（以下简称"公司"）于近日收到宁夏回族自治 区青铜峡市人民法院出具的《通知书》（2025）宁 0381 执 1390 号，获悉子公司 万向新元（宁夏）智能环保科技有限公司（以下简称"宁夏万向新元"）与中国 银行股份有限公司青铜峡支行（ ...

Group 1 - On October 24, five listed companies received penalties from local securities regulatory authorities for violations related to information disclosure, highlighting the regulatory body's commitment to strict enforcement and market environment purification [1] - Information disclosure is a crucial channel for listed companies to reveal their value and is the basis for investors' investment decisions [1] - Companies must fulfill their information disclosure responsibilities and provide investors with accurate and transparent information [1] Group 2 - Baiyin Nonferrous Group Co., Ltd. received a penalty for failing to disclose information regarding the non-recovery of financial investments, amounting to 30 billion yuan, which was not recovered until December 2024 [2][3] - The Gansu Securities Regulatory Bureau imposed a fine of 4 million yuan on Baiyin Nonferrous for significant omissions in its annual reports from 2019 to 2024 [3][4] Group 3 - Changjiang Runfa Health Industry Co., Ltd., which was delisted, received a notice of administrative penalties totaling 53.3 million yuan for failing to disclose related party non-operating fund occupation and significant omissions in periodic reports [5][6] - The Jiangsu Securities Regulatory Bureau proposed fines of 10.5 million yuan for Changjiang Health and 15 million yuan for its controlling shareholder, Runfa Group [5] Group 4 - *ST Xinyuan and ST Sicorui were penalized for fabricating sales and improper revenue recognition, with *ST Xinyuan facing a proposed fine of 8 million yuan [7] - ST Sicorui received a penalty of 2 million yuan for similar violations [7][8] Group 5 - ST Chuangyi was penalized for revenue recognition violations, with the Sichuan Securities Regulatory Bureau imposing a fine of 4 million yuan [8][9] - ST Chuangyi reported overstatements of revenue in its financial statements for 2022 and 2023 [8]