民生证券股份有限公司 关于山东南山智尚科技股份有限公司 2025 年半年度持续督导跟踪报告 | 保荐机构名称：民生证券股份有限公司 | 被保荐公司简称：南山智尚（300918） | | --- | --- | | 保荐代表人姓名：周栋 | 联系电话：021-80508866 | | 保荐代表人姓名：何义豪 | 联系电话：021-80508866 | 一、保荐工作概述 | 项 目 | 工作内容 | | --- | --- | | 1.公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次 | 0 次 | | 数 | | | 2．督导公司建立健全并有效执行规章制 | | | 度的情况 | | | （1）是否督导公司建立健全规章制度（包 括但不限于防止关联方占用公司资源的 | 是 | | 制度、募集资金管理制度、内控制度、内 | | | 部审计制度、关联交易制度） | | | （2）公司是否有效执行相关规章制度 | 是 | | 3.募集资金监督情况 | | | （1）查询公司募集资金专户次数 | 1 次 | | （2）公司募集资金项目进展是否与信息 ...

民生证券股份有限公司 关于山东南山智尚科技股份有限公司 募投项目延期的核查意见 民生证券股份有限公司（以下简称"民生证券"或"保荐机构" ）作为山东南 山智尚科技股份有限公司（以下简称"南山智尚"或"公司"）向特定对象发行股票 并在创业板上市的保荐机构，根据《证券发行上市保荐业务管理办法》《深圳证 券交易所创业板股票上市规则》《深圳证券交易所上市公司自律监管指引第 13 号——保荐业务》《深圳证券交易所上市公司自律监管指引第 2 号——创业板上 市公司规范运作》 等法律法规的相关规定，对南山智尚募集资金投资项目延期 的事项进行了审慎核查，核查情况如下： 截至 2025 年 6 月 30 日，公司向特定对象发行股票募集资金使用进度情况 如下： 单位：人民币 元 | 项目名称 | | 投资总额 | 募集资金 | 截至 2025 年 30 | 6 | 月 | 日 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 承诺总额 | 已投入募集资金金额 | | | | | 年产 8 | 万吨高性能差 | 1,498,500,000.00 | 988,74 ...

Summary of Key Points Core Viewpoint - The company, Shandong Nanshan Zhishang Technology Co., Ltd., has decided to postpone the completion date of its fundraising project, specifically the "Annual Production of 80,000 Tons of High-Performance Differentiated Nylon Filament Project," to December 31, 2025, while maintaining the project's investment scope and purpose unchanged [4][6]. Group 1: Fundraising Overview - The company successfully issued 71,428,571 shares at a price of 14.00 RMB per share, raising a total of approximately 1 billion RMB, with a net amount of about 988 million RMB after deducting issuance costs [2][3]. - The funds raised have been deposited into a special account, and a tripartite supervision agreement has been signed with the sponsor and the bank [2]. Group 2: Fund Usage Status - As of June 30, 2025, the company has made progress in utilizing the raised funds for the project, although specific amounts and percentages are not detailed in the provided text [3][4]. Group 3: Reasons for Postponement - The postponement is attributed to several factors: 1. The funds were only available in mid-May 2025, affecting the payment and construction progress [5][6]. 2. The new product requires customer validation, delaying equipment acceptance and full production [6]. 3. The reliance on imported equipment has complicated on-site problem resolution [6]. 4. Structural changes in civil engineering have extended the construction period [6]. Group 4: Impact of Postponement - The postponement is a cautious decision that does not alter the project's implementation subject, purpose, or investment scale, and it is not expected to significantly impact the company's current operations [6][7]. Group 5: Review Procedures - The company's board and supervisory committee have reviewed and approved the postponement, confirming that it complies with relevant regulations and does not harm shareholder interests [7][8].

四、其他事项 报告事项 说 明 因国联证券与民生证券合并的工作需 要，原保荐代表人王刚工作调至国联民 生证券承销保荐有限公司，不再负责公 司持续督导工作及向特定对象发行股 票的保荐工作。为保证公司持续督导工 作及向特定对象发行股票项目工作的 有序进行，民生证券委派保荐代表人何 义豪接替王刚担任公司持续督导及向 特定对象发行股票项目的保荐代表人。 | 民生证券股份有限公司 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 关于山东南山智尚科技股份有限公司 | | | | | | | | 保荐机构名称：民生证券股份有限公司 | | | | | | 被保荐公司简称：南山智尚（300918） | | 保荐代表人姓名：周栋 | | | | 联系电话：021-80508866 | | | | 保荐代表人姓名：何义豪 | | | | 联系电话：021-80508866 | | | | 一、保荐工作概述 | | | | | | | | 项 目 工作内容 | | | | | | | | （1）是否及时审阅公司信息披露文件 | | | | | | 是 | | ...

证券代码：300918 证券简称：南山智尚 公告编号：2025-083 山东南山智尚科技股份有限公司 关于 2025 年半年度利润分配预案的公告 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。 一、审议程序 山东南山智尚科技股份有限公司（以下简称"公司"）于 2025 年 8 月 26 日召开第三届董事会第十五次会议和第三届监事会第九次会议审议通过了《关于 股东大会审议。 二、2025 年半年度利润分配预案的基本情况 （一）本次利润分配方案的基本内容 公司拟以 2025 年 6 月 30 日的总股本 506,134,427 股减去公司回购专用证券 账户股份 5,369,100 股后的 500,765,327 股为基数向全体股东按每 10 股派发现 金红利 0.40 元（含税），预计分配股利 20,030,613.08 元，占 2025 年半年度归 属于母公司股东净利润的 26.66%，不送红股，不进行资本公积金转增股本，剩 余未分配利润结转以后年度。 （二）本次利润分配方案的调整原则 若在分配预案披露至实施期间因新增股份上市、股权激励授予行权、可转债 转股、股 ...

Financial Performance - The company's operating revenue for the reporting period was ¥731,456,407.30, a decrease of 5.80% compared to the same period last year[25]. - The net profit attributable to shareholders was ¥75,145,427.90, down 8.66% year-on-year[25]. - The net cash flow from operating activities was -¥84,913,415.12, representing a decline of 299.87% compared to the previous year[25]. - Total assets at the end of the reporting period increased by 22.51% to ¥5,662,869,983.12 compared to the end of the previous year[25]. - The net assets attributable to shareholders rose by 71.17% to ¥3,757,751,337.85 compared to the end of the previous year[25]. - The company's diluted earnings per share decreased by 18.18% to ¥0.18 compared to the previous year[25]. - The company reported a government subsidy income of ¥1,449,786.81, which positively impacted its financial performance[29]. - The gross margin for ultra-high fiber products improved by 12.98%, indicating better cost management and product positioning[103]. - The gross margin for high-performance fibers was 27.15%, with a revenue increase of 2.61% year-on-year[104]. - The company's revenue for the textile industry was approximately CNY 731.46 million, a decrease of 5.80% compared to the same period last year, with a gross margin of 34.04%[104]. Market and Industry Trends - The textile and apparel industry faced significant challenges, with a 12.9% decline in profits for the textile and apparel sector compared to the previous year[34]. - The retail sales of clothing, shoes, and textiles in China reached ¥742.6 billion, growing by 3.1% year-on-year, but this growth is significantly lower than the previous year's rate[37]. - The export value of textiles and apparel was $143.978 billion, showing a slight increase of 0.76% year-on-year, but the growth rate has declined compared to the previous year[40]. - The textile industry in China is expected to face challenges in the second half of 2025 due to external uncertainties, including escalating global trade tensions and potential higher tariffs, which may weaken global consumer demand[41]. - The domestic demand remains weak, increasing operational pressure on companies, making the task of promoting high-quality development urgent and challenging[41]. Company Strategy and Operations - The company emphasizes the importance of risk awareness regarding future plans and development strategies[7]. - The report highlights the company's focus on technological innovation and market expansion strategies[7]. - The company has outlined its future outlook and performance guidance in the report[7]. - The company focuses on the production, design, research and development, and sales of fine woolen fabrics, clothing, and new materials[55]. - The company has established a fully integrated operation system in the wool textile business, covering the entire supply chain from high-quality Australian wool supply to fabric production and garment development, aiming to meet luxury fabric market demands[57]. - The company is actively developing bio-based nylon products, which can have up to 100% renewable content and significantly lower carbon footprints compared to traditional nylon[70]. - The company is enhancing its product structure and market coverage through the introduction of differentiated products aimed at high-end markets[92]. - The company is committed to sustainable development, focusing on biodegradable and recycled nylon materials to align with global sustainability initiatives[91]. - The company is focusing on high-end differentiated knitted fabric production, with the new project currently in trial production phase[92]. Research and Development - The company has established a strong R&D system, collaborating with domestic and international research institutions to enhance its technological innovation capabilities[73]. - The company has invested approximately 1.5 billion RMB in an 80,000-ton high-performance differentiated nylon filament project, positioning itself as a benchmark for high-end transformation in the nylon industry[86]. - The company is focusing on optimizing its R&D system to improve overall competitiveness[135]. - The R&D center upgrade aims to enhance the company's R&D capabilities and support new product and technology development[135]. - The company has developed patented technologies in high-performance nylon fibers, focusing on differentiated research directions such as flame retardant and antibacterial properties[76]. Corporate Governance and Social Responsibility - The company has established a comprehensive corporate governance structure to enhance management efficiency and ensure the protection of minority shareholders' rights[163]. - The company actively engages in social responsibility initiatives, including disaster relief efforts, such as providing winter clothing worth nearly 1.5 million yuan to earthquake victims in Tibet[177]. - The company received an A-level rating for its information disclosure work for the 2023-2024 period, reflecting its commitment to transparency and investor relations management[164]. - The company emphasizes a continuous, stable, and proactive dividend policy, with a three-year shareholder dividend return plan from 2023 to 2025[166]. Investment and Financial Management - The company raised a net amount of CNY 399.08 million from its initial public offering, with a usage ratio of 102.47% as of the reporting period, including interest income from unused funds[132]. - The net amount raised from the issuance of convertible bonds to unspecified objects was CNY 691.99 million, with a usage ratio of 91.58% as of the reporting period, including interest income from unused funds[132]. - The company has committed to several investment projects, with a total investment amount of CNY 34.5 million for the production of fine wool, which is expected to be completed within three years[134]. - The company has achieved a cumulative investment progress of 87% for the intelligent production line project, with a total investment of CNY 56.6 million[134]. - The company reported a total of CNY 4.5 million for the clothing production project, with a completion rate of 99.6% as of the reporting period[134]. Risks and Challenges - The company faces risks from raw material price fluctuations, particularly wool, which significantly impacts gross margins and overall profitability[145]. - Increased market competition in the wool and apparel industry is pressuring the company to enhance product innovation and brand development[147]. - Currency fluctuations pose a risk to the company's operating performance, prompting it to closely monitor foreign exchange market dynamics[149]. - The company is focused on expanding both domestic and international markets amid macroeconomic uncertainties[152].

金融界消息 截至2025年8月25日收盘，南山智尚（300918）报收于22.3元，下跌0.45%，换手率8.06%， 成交量35.03万手，成交金额7.78亿元。 资金流向方面，今日主力资金净流出2626.71万元，占比成交额3.38%。其中，超大单净流出809.02万 元、占成交额1.04%，大单净流出1817.69万元、占成交额2.34%，中单净流出流入1547.93万元、占成交 额1.99%，小单净流入1078.78万元、占成交额1.39%。 南山智尚最新一期业绩显示，截至2025一季报，公司营业总收入3.62亿元、同比增长0.72%，归属净利 润3730.22万元，同比增长0.86%，扣非净利润3593.03万元，同比增长12.84%，流动比率1.174、速动比 率0.684、资产负债率40.63%。 天眼查商业履历信息显示，山东南山智尚科技股份有限公司，成立于2007年，位于烟台市，是一家以从 事纺织业为主的企业。企业注册资本36000万人民币，实缴资本27000万人民币。公司法定代表人为赵 亮。 通过天眼查大数据分析，山东南山智尚科技股份有限公司共对外投资了13家企业，参与招投标项目2875 次 ...

证券代码：300918 证券简称：南山智尚 公告编号：2025-076 山东南山智尚科技股份有限公司 特此公告。 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。 出席人员：公司董事长兼总经理赵亮先生，独立董事刘嘉厚先生，保荐代表 人周栋先生，董事、副总经理兼董事会秘书赵厚杰先生，财务总监徐晓青女士， 具体以当天实际参会人员为准。 二、问题征集 为充分尊重投资者，提升公司与投资者之间的交流效率和针对性，公司就 2025 年半年度业绩说明会提前向投资者公开征集问题，广泛听取投资者的意见 和建议。投资者可于 2025 年 8 月 27 日（星期三）上午 9:00 前，将关注的问题 通过邮件的形式发送至公司电子邮箱：zhaohoujie@nanshan.com.cn，公司将在 本次业绩说明会上对投资者普遍关注的问题进行回答。 欢迎广大投资者积极参与本次半年度业绩说明会。 关于举行 2025 年半年度业绩说明会的公告 山东南山智尚科技股份有限公司（以下简称"公司"）计划于 2025 年 8 月 27 日在巨潮资讯网（http://www.cninfo.com.cn）上披 ...

证券日报网讯南山智尚8月22日在互动平台回答投资者提问时表示，截至2025年8月20日公司股东人数为 28，415户。 （文章来源：证券日报） ...

Market Performance - The textile manufacturing sector increased by 0.64% on August 22, with Nanshan Zhishang leading the gains [1] - The Shanghai Composite Index closed at 3825.76, up 1.45%, while the Shenzhen Component Index closed at 12166.06, up 2.07% [1] Stock Performance - Nanshan Zhishang (300918) closed at 22.40, with a rise of 10.02% and a trading volume of 580,200 shares, amounting to a transaction value of 1.273 billion [1] - Other notable performers included Xingye Technology (002674) with a 6.16% increase, closing at 14.64, and Junjie Microfiber (300819) with a 1.49% increase, closing at 26.52 [1] Capital Flow - The textile manufacturing sector experienced a net outflow of 12.02 million from institutional investors and 42.26 million from speculative funds, while retail investors saw a net inflow of 54.28 million [2] - Nanshan Zhishang had a net inflow of 85.95 million from institutional investors, while speculative funds saw a net outflow of 80.12 million [3] Individual Stock Analysis - Huamao Co. (000850) had a significant net inflow of 28.42 million from institutional investors, indicating strong interest [3] - The overall capital flow in the textile sector shows a mixed sentiment, with institutional and speculative funds withdrawing while retail investors are actively buying [2][3]