证券代码：300795 证券简称：米奥会展 公告编号：2025-069 浙江米奥兰特商务会展股份有限公司 关于第六届董事会第四次会议决议的公告 一、董事会会议召开情况 浙江米奥兰特商务会展股份有限公司（以下简称"公司"）第六 届董事会第四次会议于 2025 年 10 月 21 日以电话及邮件方式通知各 位董事。会议于 2025 年 10 月 26 日以视频会议的方式举行。本次会 议由公司董事长潘建军先生召集并主持，会议应到董事 7 名，实到董 事 7 名。本次会议的召集和召开符合《中华人民共和国公司法》《浙 江米奥兰特商务会展股份有限公司章程》（以下简称"《公司章程》"） 《董事会议事规则》等有关规定，会议召开及表决程序合法有效。 委员一致同意，并同意将本议案提交董事会审议。 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。 二、董事会会议审议情况 1、审议通过：《关于 2025 年第三季度报告的议案》 经与会董事审议，同意《关于 2025 年第三季度报告的议案》。 董事会认为：公司 2025 年第三季度报告的内容符合法律、行政法规、 中国证监会和深圳证券交易所 ...

Core Insights - The company reported a third-quarter revenue of 160 million yuan, representing a year-on-year decline of 2.89% [1] - The net profit for the third quarter was 19.09 million yuan, down 30.36% year-on-year [1] - For the first three quarters, the total revenue was 401 million yuan, reflecting a year-on-year decrease of 5.67% [1] - The net profit for the first three quarters was 34.63 million yuan, which is a significant decline of 49.17% year-on-year [1]

Financial Performance - The company's operating revenue for Q3 2025 was ¥160,017,544.93, a decrease of 2.89% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2025 was ¥19,093,642.05, down 30.36% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥7,989,342.59, reflecting a significant decline of 58.10% compared to the previous year[5] - The basic earnings per share for Q3 2025 was ¥0.07, a decrease of 22.22% from the same period last year[5] - Total operating revenue for the current period was ¥400,798,959.78, a decrease of 5.1% compared to ¥424,892,548.22 in the previous period[22] - The total profit for the current period is 51,690,810.61 CNY, compared to 84,381,395.10 CNY in the previous period, indicating a decrease of approximately 38.7%[23] - The net profit attributable to shareholders of the parent company is 34,633,679.13 CNY, down from 68,141,750.98 CNY, reflecting a decline of about 49.1%[23] - The total comprehensive income for the current period is 37,159,248.58 CNY, compared to 73,205,961.46 CNY in the previous period, showing a decrease of about 49.1%[23] - The basic and diluted earnings per share for the current period are both 0.12 CNY, down from 0.23 CNY in the previous period, reflecting a decrease of approximately 47.8%[23] Assets and Liabilities - Total assets at the end of the reporting period increased by 7.85% to ¥896,350,541.99 compared to the end of the previous year[5] - Total assets increased to ¥896,350,541.99 from ¥831,081,657.84, representing a growth of 7.8%[20] - Total liabilities rose to ¥312,073,626.91, compared to ¥188,078,037.26, marking a significant increase of 66.0%[19] - Total equity attributable to shareholders decreased to ¥558,219,562.53 from ¥622,060,061.92, a decline of 10.3%[19] Cash Flow - The company's cash flow from operating activities decreased by 20.81% year-to-date, totaling ¥95,174,663.18[5] - The operating cash flow for the current period is 95,174,663.18 CNY, a decrease from 120,179,447.61 CNY in the previous period, representing a decline of approximately 20.8%[25] - The cash and cash equivalents at the end of the period were ¥558,900,064.66, down from ¥642,655,781.12 at the beginning of the period, a decrease of 13.0%[18] - The cash and cash equivalents at the end of the period amount to 553,908,558.28 CNY, down from 476,990,748.87 CNY in the previous period, indicating a decrease of approximately 15.9%[26] - The cash outflow from investing activities is 195,157,884.46 CNY, up from 82,949,201.61 CNY in the previous period, indicating a significant increase of approximately 135.5%[25] - The net cash flow from investing activities decreased by 446.76% to -¥63,336,239.05, primarily due to increased external investments[10] - The net cash flow from financing activities is -109,922,847.25 CNY, compared to -209,259,886.47 CNY in the previous period, showing an improvement of about 47.5%[26] Investments and Expenses - Research and development expenses increased by 37.43% to ¥15,480,381.48, mainly due to increased investment in the AI Huizhan platform[10] - Research and development expenses for the current period were ¥15,480,381.48, an increase of 37.5% from ¥11,264,593.65 in the previous period[22] - The company reported a significant increase in prepayments, which rose by 509.25% to ¥72,850,763.95, primarily due to advance payments for upcoming exhibitions[9] - The long-term equity investment increased by 137.51% to ¥25,090,476.15, attributed to new investments in Anhui Liweike Technology Co., Ltd.[9] - The company recorded a substantial increase in trading financial assets, which rose by 80.09% to ¥63,788,178.34 due to purchases of stocks and financial products[9] - Investment income surged by 1027.47% to ¥9,780,520.22, attributed to increased returns from trading financial assets[10] Other Financial Metrics - The company received government subsidies amounting to ¥562,798.84 during the reporting period, contributing positively to its financial performance[6] - Deferred tax assets increased by 115.18% to ¥4,843,499.99 due to an increase in deductible losses[10] - Contract liabilities rose by 171.07% to ¥242,291,889.89, primarily due to increased pre-receipts for the fourth quarter exhibition[10] - Total accounts payable decreased by 48.18% to ¥12,290,722.02, mainly due to payments for last year's exhibition expenses[10] - Other comprehensive income turned negative at -¥1,313,581.43, a decrease of 183.91% due to foreign currency translation differences[10] - Unallocated profits decreased by 38.34% to ¥104,020,409.43, primarily due to cash dividend distributions during the period[10] Strategic Plans - The company plans to enhance its AI technology and digital transformation in the exhibition industry to improve audience quality and quantity[10] - The company plans to expand its market presence and invest in new product development as part of its growth strategy[16]

Core Points - The company Miao Exhibition announced that a major shareholder, Fang Huansheng, has notified the company about the pledge extension of part of his shares [2] - The number of shares involved in this pledge extension is 6,756,750 shares [2]

Group 1 - The core point of the article is that Miao Exhibition (SZ 300795) announced that as of the announcement date, Fang Huansheng has pledged approximately 9.55 million shares, accounting for 13.88% of his total holdings [1] - As of the report date, Miao Exhibition's market capitalization is 4.3 billion yuan [2] - For the first half of 2025, Miao Exhibition's revenue composition is as follows: 99.66% from the exhibition industry and 0.34% from other businesses [1]

证券代码：300795 证券简称：米奥会展 公告编号：2025-067 浙江米奥兰特商务会展股份有限公司 一、股东股份质押展期的基本情况 注:本公告中所述的总股本均指公司截至 2025 年 10 月 23 日总股本（298,893,870 股）;本公告中所涉数据的尾数如有差异或不符系四舍五入所致（下同）。 2、股东股份累计质押情况 截至本公告披露日，上述股东及其一致行动人所持质押股份情况 第 1 页 共 3 页 股 东 名 称 是否为控 股股东或 第一大股 东及其一 致行动人 本次质押 展期股份 数量（股） 占其 所持 股份 比例 占公 司总 股本 比例 是否为限 售股（如 是，注明限 售类型） 是否 为补 充质 押 质押 起始 日 原质 押到 期日 展期 后质 押到 期日 质权人 质押用 途 方 欢 胜 是 6,756,750 9.82% 2.26% 否 否 2023 年 10 月 23 日 2025 年 10 月 22 日 2026 年 10 月 22 日 国 泰 海 通 证 券 股 份 有限公司 借给实 体企业 用于实 业经营 合计 6,756,750 9.82% 2.26% —— —— —— —— — ...

Core Viewpoint - The company plans to establish a joint venture, Pan Ding Miao Supply Chain Management Co., Ltd., with Panex WD International Limited to enhance its international market presence and promote sustainable development [1] Investment Details - The company will invest RMB 51 million, holding a 51% stake in the joint venture, which will have a registered capital of RMB 100 million [1] - The investment aligns with the company's long-term strategic layout to adapt to the trend of Chinese enterprises expanding their brands internationally and the fragmentation of international trade orders [1] Financial Implications - The joint venture will be included in the company's consolidated financial statements following its establishment [1] - The investment does not constitute a related party transaction or a significant asset restructuring as defined by relevant regulations [1]

Core Viewpoint - The company, Miao Exhibition (300795.SZ), is establishing a joint venture with PanexWD International Limited to enhance its international market presence and support Chinese brands in global expansion through supply chain management solutions [1] Group 1: Joint Venture Details - The company plans to invest RMB 51 million, holding a 51% stake in the newly formed joint venture, which will have a registered capital of RMB 100 million [1] - The joint venture will be a subsidiary of the company and will be included in the company's consolidated financial statements [1] Group 2: Business Focus and Strategy - The joint venture aims to address supply chain challenges faced by Chinese brands during their international expansion by leveraging innovative business models and digital technologies [1] - It will provide a comprehensive solution that includes exhibition customer acquisition, overseas warehousing, local distribution, and supply chain finance, thereby reducing overall costs and improving operational efficiency for clients [1] - The target market includes Chinese manufacturing companies with their own brands looking to expand overseas, small and medium-sized distributors seeking quality Chinese products, and cross-border e-commerce sellers needing standardized supply chain services [1]

Core Viewpoint - The company, Miao Exhibition (300795.SZ), is establishing a joint venture with PanexWD International Limited to enhance its international market presence and support Chinese brands in global expansion through supply chain management solutions [1] Group 1: Joint Venture Details - The company plans to invest RMB 51 million, holding a 51% stake in the newly formed joint venture, which will have a registered capital of RMB 100 million [1] - The joint venture will be a subsidiary of the company and will be included in its consolidated financial statements [1] Group 2: Business Focus and Strategy - The joint venture aims to address supply chain challenges faced by Chinese brands entering international markets by leveraging innovative business models and digital technologies [1] - It will provide a comprehensive solution that includes exhibition customer acquisition, overseas warehousing, local distribution, and supply chain finance, thereby reducing overall costs and improving operational efficiency for clients [1] - The target market includes Chinese manufacturers with their own brands looking to expand internationally, small overseas distributors seeking quality Chinese products, and cross-border e-commerce sellers needing standardized supply chain services [1]

Core Viewpoint - The company, Miao Exhibition, announced plans to establish a joint venture to enhance its international market presence and promote sustainable development through resource integration and synergy [1] Group 1: Investment and Strategic Development - Miao Exhibition will hold its sixth board meeting on October 20, 2025, to review the proposal for establishing a controlling subsidiary [1] - The company plans to invest a total of RMB 51 million, holding a 51% stake in the new joint venture with Panex WD International Limited [1] - The registered capital of the new subsidiary, Pan Ding Miao (Ningbo) Supply Chain Management Co., Ltd., will be RMB 100 million, and it will be included in the company's consolidated financial statements [1]