北京国枫律师事务所 关于山东南山智尚科技股份有限公司 2025 年员工持股计划调整事项的 法律意见书 国枫律证字[2025]AN172-2 号 北京国枫律师事务所 Grandway Law Offices 北京市东城区建国门内大街 26 号新闻大厦 7、8 层 邮编：100005 电话(Tel)：010-88004488/66090088 传真(Fax)：010-66090016 北京国枫律师事务所 关于山东南山智尚科技股份有限公司 2025 年员工持股计划调整事项的 法律意见书 国枫律证字[2025]AN172-2号 致：山东南山智尚科技股份有限公司 根据北京国枫律师事务所（以下简称"本所"）与山东南山智尚科技股份有 限公司（以下简称"公司"）签订的《法律服务协议》，本所担任公司2025年员 工持股计划（以下简称"本次员工持股计划"）的专项法律顾问。 本所律师根据《中华人民共和国公司法》《中华人民共和国证券法》《关于 上市公司实施员工持股计划试点的指导意见（2025修订）》（以下简称"《试点 指导意见》"）、《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（2025年修订）》（以下简称 ...

证券代码：300918 证券简称：南山智尚 公告编号：2025-098 山东南山智尚科技股份有限公司 关于部分募集资金专户注销完成的公告 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、募集资金基本情况 公司上述签署的《募集资金三方监管协议》《募集资金四方监管协议》与深 圳证券交易所监管协议范本不存在重大差异，监管协议的履行不存在问题。 | 截至本公告披露日，公司募集资金专户开立情况如下： | | --- | | 序号 | 开户银行 | 银行账号 | 募集资金用途 | 账户状态 | | --- | --- | --- | --- | --- | | 1 | 兴业银行股份有限公 | 378040100100089125 | 精纺毛料生产线智能升 | 本次注销 | | | 司烟台龙口支行 | | 级项目 | | | 2 | 烟台银行股份有限公 司龙口支行 | 81601080801421006370 | 研发中心升级建设项目 | 已注销 | | 3 | 中国工商银行股份有 限公司龙口支行 | 1606036829200051253 | 服装智能制造升级项目 | ...

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。 山东南山智尚科技股份有限公司（以下简称"公司"）于 2025 年 10 月 24 日在巨潮资讯网（http://www.cninfo.com.cn）上披露了《2025 年第三季度报 告》，为了让广大投资者更深入全面地了解公司经营管理、发展战略、行业前景 等情况，公司定于 2025 年 10 月 31 日在中国证券报·中证路演中心举行 2025 年第三季度业绩说明会，具体安排如下： 证券代码：300918 证券简称：南山智尚 公告编号：2025-099 山东南山智尚科技股份有限公司 关于举行 2025 年第三季度业绩说明会的公告 山东南山智尚科技股份有限公司董事会 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 年第三季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 10 月 31 日（星期五）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 ...

证券代码：300918 证券简称：南山智尚 公告编号：2025-095 山东南山智尚科技股份有限公司 第三届董事会第十七次会议决议公告 本次会议的召集、召开和表决程序符合《中华人民共和国公司法》等法律 法规和《公司章程》《董事会议事规则》的有关规定，所作决议合法有效。 二、董事会会议审议情况 会议在保证所有董事充分发表意见的前提下，以投票表决方式通过了以下议 案： （一）审议通过了《关于公司〈2025年第三季度报告〉的议案》 经审核，董事会认为：公司严格按照相关法律、行政法规和中国证监会的规 定，编制了公司2025年第三季度报告，报告内容真实、准确、完整地反映了公司 2025年第三季度的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 具体内容详见公司同日披露于巨潮资讯网（http://www.cninfo.com.cn）的 《山东南山智尚科技股份有限公司2025年第三季度报告》（公告编号：2025-096 ）。 公司董事会审计委员会已审议通过了该议案中的财务报表及财务信息。 表决结果：9票同意，0票反对，0票弃权。 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 ...

山东南山智尚科技股份有限公司 2025 年第三季度报告 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度财务会计报告是否经过审计 □是 否 山东南山智尚科技股份有限公司 2025 年第三季度报告 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。 重要内容提示： 证券代码：300918 证券简称：南山智尚 公告编号：2025-096 其他符合非经常性损益定义的损益项目的具体情况： 1 山东南山智尚科技股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比 | | --- | --- | --- | --- | --- | | | | 增减 | | 上年同期增减 | | 营业收入（元） | ...

Investment Rating - The report maintains an "Overweight" rating for the industry [4] Core Views - The report emphasizes the importance of valuation switching logic in the new consumption sector, highlighting stable operational performance in the sports brand sector for Q3 [6][4] - It suggests a focus on high-growth tracks in new consumption and the valuation switching logic within the sector, particularly in the collectible toy segment [6][4] - The report identifies several companies with strong growth potential and suggests monitoring their performance closely [6][4] Summary by Sections Industry Overview - The industry consists of 175 listed companies with a total market value of 10,672.79 billion and a circulating market value of 8,623.31 billion [2] Market Performance - The Shanghai Composite Index decreased by 1.47%, while the Shenzhen Component Index fell by 4.99% during the week of October 13-17, 2025 [6][11] - The light industry manufacturing index dropped by 2.22%, ranking 13th among 28 Shenwan industries, while the textile and apparel index decreased by 0.31%, ranking 5th [6][11] Key Company Insights - Companies such as Bubble Mart are expected to release Q3 operational data, with new product launches anticipated to drive performance in Q4 [6] - 361 Degrees reported a stable performance with a 10% increase in offline and children's clothing sales, and a 20% increase in e-commerce sales [6] - Anta Sports, Li Ning, and other functional apparel brands are highlighted for their growth potential [6] Investment Opportunities - The report suggests focusing on the acceleration of the Chinese consumption supply chain going overseas, particularly in non-woven fabric manufacturing [6][7] - Companies like Yanjiang Co. are recommended for their advanced production techniques and global supply chain capabilities [7] - The pet supplies sector is also highlighted, with companies like Yuanfei Pet expected to benefit from growth in both OEM and OBM businesses [6][7] Sector Recommendations - The report recommends monitoring companies in the home furnishing sector, such as Xilinmen and Gujia Home, for potential recovery in performance and valuation [6] - In the paper industry, Sun Paper is recommended due to its integrated advantages and expected improvement in profitability [6][7] - The textile manufacturing sector suggests a focus on companies like Jingyuan International for their market share growth potential [6][7]

Group 1 - The company Nanshan Zhishang (300918) reported that as of October 10, 2025, the number of shareholders is 29,340 [1]

Core Insights - The textile manufacturing sector experienced a rise of 0.68% on October 15, with Jin Chun Co., Ltd. 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] Sector Performance - Jin Chun Co., Ltd. saw a closing price of 36.58, with a significant increase of 7.18% and a trading volume of 112,200 shares, amounting to a transaction value of 397 million yuan [1] - Other notable performers included: - Nan Shan Zhi Shang: closing price 21.22, up 4.95% [1] - He Mei Huan: closing price 8.66, up 3.96% [1] - Li Xing You Xin: closing price 17.98, up 3.87% [1] - Nuo Bang Co., Ltd.: closing price 19.47, up 3.29% [1] Capital Flow - The textile manufacturing sector saw a net outflow of 64.58 million yuan from institutional investors and 45.77 million yuan from speculative funds, while retail investors contributed a net inflow of 110 million yuan [2] - The capital flow for specific stocks included: - Lian Fa Co., Ltd.: net outflow of 42.13 million yuan from institutional investors [3] - Nan Shan Zhi Shang: net inflow of 12.08 million yuan from institutional investors [3] - Jiang Nan Gao Xian: net inflow of 7.58 million yuan from institutional investors [3]

Group 1 - The textile manufacturing sector increased by 0.2% on the previous trading day, with Yingfeng Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3865.23, down 0.62%, while the Shenzhen Component Index closed at 12895.11, down 2.54% [1] - Key stocks in the textile manufacturing sector showed varied performance, with Yingfeng Co., Ltd. rising by 10.00% to a closing price of 10.78 [1] Group 2 - The textile manufacturing sector experienced a net outflow of 79.02 million yuan from institutional funds, while retail investors saw a net inflow of 144 million yuan [2] - Major stocks like Nanshan Zhishang and Jinchun Co. faced declines of 4.71% and 4.10%, respectively [2] - The overall trading volume and turnover in the textile manufacturing sector indicated mixed investor sentiment, with significant retail participation [2] Group 3 - The net inflow from institutional investors was highest for Yunzhong San, amounting to 63.60 million yuan, while Yingfeng Co., Ltd. saw a net inflow of 30.09 million yuan [3] - Retail investors showed a net inflow in several stocks, despite the overall net outflow from institutional and speculative funds [3] - The data indicates a divergence in investment behavior, with retail investors actively participating while institutional and speculative funds withdrew [3]

Group 1 - The core point of the article highlights the recent decline in the stock price of Nanshan Zhishang, which has dropped 4.71% to 20.22 CNY per share, with a total market capitalization of 10.234 billion CNY and a cumulative decline of 10.49% over the last three days [1] - Nanshan Zhishang, established on April 29, 2007, and listed on December 22, 2020, is primarily engaged in the production and sale of fabrics and clothing, with revenue composition including 46.70% from fine woolen fabrics, 29.83% from clothing, 12.04% from ultra-high fiber, 9.94% from nylon fiber, and 1.50% from other sources [1] Group 2 - From the perspective of major fund holdings, the Fuyong Fund has a significant position in Nanshan Zhishang, with the Fuyong Fuxin Mixed A Fund holding 127,800 shares, accounting for 5.53% of the fund's net value, making it the fourth-largest holding [2] - The Fuyong Fuxin Mixed A Fund has experienced a floating loss of approximately 127,800 CNY today, with a total floating loss of 30,290 CNY during the three-day decline [2] - The fund was established on March 16, 2018, with a current scale of 7.317 million CNY, and has achieved a year-to-date return of 13.51% and a one-year return of 30.42% [2]