Core Viewpoint - Zhongrong Co., Ltd. (301223.SZ) has completed a share buyback program, acquiring a total of 1.712823 million shares, which represents 0.89% of the company's total share capital [1] Summary by Relevant Sections - **Share Buyback Details** - The company repurchased shares through a special securities account via centralized bidding [1] - The highest transaction price was 17.30 CNY per share, while the lowest was 14.11 CNY per share [1] - The total amount spent on the buyback was 26.6928 million CNY (excluding transaction fees) [1] - The buyback period was from September 6, 2024, to July 23, 2025 [1]

中荣印刷集团股份有限公司 关于回购股份实施完成暨股份变动的公告 证券代码：301223 证券简称：中荣股份 公告编号：2025-046 中荣印刷集团股份有限公司（以下简称"公司"）于 2024 年 9 月 2 日召开 第三届董事会第十六次会议，审议通过了《关于回购公司股份方案的议案》，同 意公司使用自有资金以集中竞价交易方式回购公司发行的部分人民币普通股（A 股）股票（以下简称"本次回购"），在未来适宜时机将回购股份用于股权激励 计划或员工持股计划。本次用于回购的资金总额不低于人民币 2,500 万元（含）， 不超过人民币 5,000 万元（含），回购价格不超过 22.12 元/股（含），实施期限 为自公司董事会审议通过本次回购股份方案之日起 12 个月内。具体内容详见公 司刊登于巨潮资讯网（www.cninfo.com.cn）的《关于回购公司股份方案的公告》 （公告编号：2024-053）、《回购报告书》（公告编号：2024-055）。 鉴于公司 2024 年年度权益分派方案的实施，根据相关规定，公司自权益分 派除权除息之日即 2025 年 6 月 5 日起，相应调整回购股份价格上限，回购股份 价格上限由不 ...

Core Insights - Zhongrong Co., Ltd. (301223.SZ) reported a total operating revenue of 1.451 billion yuan for the first half of 2025, an increase of 244 million yuan compared to the same period last year, marking a 20.22% year-on-year growth [1] - The net profit attributable to shareholders reached 76.8291 million yuan, up by 7.7905 million yuan from the previous year, reflecting an 11.28% increase year-on-year [1] Financial Performance - The company's latest asset-liability ratio stands at 29.78% [3] - The gross profit margin is 19.38%, which is an increase of 0.69 percentage points compared to the same period last year [3] - The return on equity (ROE) is 2.63%, up by 0.22 percentage points year-on-year [3] - The diluted earnings per share (EPS) is 0.40 yuan, an increase of 0.04 yuan, representing an 11.11% year-on-year growth [3] - The total asset turnover ratio is 0.34 times, an increase of 0.03 times compared to the previous year, reflecting a 9.91% year-on-year growth [3] - The inventory turnover ratio is 3.59 times, up by 0.27 times year-on-year, indicating a 7.99% increase [3] Shareholder Structure - The number of shareholders is 19,400, with the top ten shareholders holding a total of 146 million shares, accounting for 75.44% of the total share capital [3] - The largest shareholder is Zhongrong Printing Group Co., Ltd. with a holding of 42.01% [3]

Core Viewpoint - Zhongrong Co., Ltd. (301223) reported a strong performance in its 2025 mid-year financial results, with significant increases in revenue and net profit compared to the previous year [1] Financial Performance - Total revenue reached 1.451 billion yuan, a year-on-year increase of 20.22% [1] - Net profit attributable to shareholders was 76.83 million yuan, up 11.28% year-on-year [1] - In Q2 alone, total revenue was 752 million yuan, reflecting a 14.17% increase year-on-year, while net profit for the quarter was 37.47 million yuan, a substantial rise of 35.01% [1] Key Financial Metrics - Gross margin improved to 19.38%, an increase of 3.71% year-on-year [1] - Net margin decreased slightly to 5.44%, down 3.89% year-on-year [1] - Total operating expenses (sales, management, and financial expenses) amounted to 122 million yuan, accounting for 8.44% of revenue, a decrease of 5.07% year-on-year [1] - Earnings per share rose to 0.40 yuan, an increase of 11.11% year-on-year [1] Balance Sheet Insights - Accounts receivable increased significantly by 76.59% year-on-year, reaching 901 million yuan [1] - Cash and cash equivalents decreased by 36.16% to 694 million yuan [1] - Interest-bearing liabilities surged by 887.20% to 11.9 million yuan [1] Business Model and Operational Insights - The company's return on invested capital (ROIC) was reported at 4.44%, indicating a relatively weak capital return [2] - The historical median ROIC since the company's listing is 10.32%, suggesting that investment returns have been generally acceptable [2] - The business model relies heavily on research and development, necessitating further examination of the underlying drivers of this approach [2] Additional Considerations - The accounts receivable to profit ratio has reached 627.35%, indicating a potential area of concern for the company's financial health [3]

Core Insights - The company Zhongrong Co., Ltd. (301223.SZ) reported a total operating revenue of 1.451 billion yuan for the first half of 2025, with a net profit attributable to shareholders of 76.8291 million yuan [1] - The company's cash flow from operating activities was 176 million yuan, showing a decrease of 1.01% compared to the same period last year [1] Financial Performance - The latest asset-liability ratio stands at 29.78%, which is an increase of 0.78 percentage points from the previous quarter and an increase of 4.06 percentage points year-on-year [3] - The company's gross profit margin is reported at 19.38%, down by 0.18 percentage points from the previous quarter [3] - The return on equity (ROE) is recorded at 2.63% [3] Earnings and Ratios - The diluted earnings per share (EPS) is 0.40 yuan [4] - The total asset turnover ratio is 0.34 times, while the inventory turnover ratio is 3.59 times [4] Shareholder Structure - The number of shareholders is approximately 19,400, with the top ten shareholders holding a total of 146 million shares, accounting for 75.44% of the total share capital [4] - The largest shareholder is Zhongrong Printing Group Co., Ltd., holding 42.00% of the shares, followed by Zhuhai Hengqin Jieyi Investment Partnership (Limited Partnership) with 30.74% [4]

Group 1 - Company Zhongrong Co., Ltd. (SZ 301223) held its 20th meeting of the 3rd board of directors on August 14, 2025, where it reviewed the proposal for the 2025 semi-annual report and its summary [1] - For the year 2024, Zhongrong's revenue composition is entirely from the printing and packaging industry, accounting for 100.0% [2] - As of the report date, Zhongrong's market capitalization stands at 3.4 billion yuan [3]

Core Viewpoint - Zhongrong Co., Ltd. (301223.SZ) reported a significant increase in revenue and net profit for the first half of 2025, indicating strong financial performance and growth potential [1] Financial Performance - The company achieved an operating income of 1.451 billion yuan, representing a year-on-year growth of 20.22% [1] - The net profit attributable to shareholders reached 76.8291 million yuan, reflecting a year-on-year increase of 11.28% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 73.4579 million yuan, showing a year-on-year growth of 14.30% [1] - Basic earnings per share were reported at 0.40 yuan [1]

Core Viewpoint - Zhongrong Co., Ltd. (301223) reported that the number of shareholders as disclosed in its latest periodic report is approximately 19,000 households [1] Company Summary - The company has approximately 19,000 shareholders as of the latest report [1]

华林证券股份有限公司 关于中荣印刷集团股份有限公司 2025 年半年度持续督导跟踪报告 | 保荐机构名称：华林证券股份有限公司 | 被保荐公司简称：中荣股份 | | --- | --- | | 保荐代表人姓名：李露 | 联系电话：0755-82707888 | | 保荐代表人姓名：韩志强 | 联系电话：0755-82707888 | 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数 | 次 0 | | 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制度、募集资金管理制 | 是 | | 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 | 每月 1 次 | | （2）公司募集资金项目进展是否与信息披露文件一 | 是 | | 致 | | | ...

证券代码：301223 证券简称：中荣股份 公告编号：2025-043 中荣印刷集团股份有限公司 2025年半年度募集资金存放与使用情况的专项报告 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。 中荣印刷集团股份有限公司（以下简称"公司"）根据《上市公司募集资金 监管规则》《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》及相关格式指引的要求，编制了公司截至2025年6月30日的募集资金 存放与使用情况专项报告，具体如下： 一、募集资金基本情况 （一）实际募集资金金额和资金到账时间 根据中国证券监督管理委员会《关于同意中荣印刷集团股份有限公司首次公 开发行股票注册的批复》（证监许可[2022]1528号），中荣印刷集团股份有限公 司（以下简称"公司"）由主承销商华林证券股份有限公司采用网下向投资者询价 配售和网上向社会公众投资者定价发行相结合的方式发行人民币普通股（A股） 股票4,830万股，发行价为每股人民币26.28元，共计募集资金126,932.40万元，坐 扣承销和保荐费用6,919.95万元后的募集资金为120,012.45万元 ...