恒润股份(603985) - 2025 Q2 - 季度财报

Part I. Important Notice This section clarifies the report as a half-yearly summary, urging investors to review the full document, with management guaranteeing content accuracy and no audit or profit distribution plan Report Summary Explanation This section clarifies the report as a half-yearly summary, directing investors to the full document, with management assuring content accuracy and no audit or profit distribution plan - This half-yearly report summary is derived from the full half-yearly report, and investors should carefully read the full text on the Shanghai Stock Exchange website (www.sse.com.cn)[3](index=3&type=chunk) - The company's Board of Directors, Supervisory Board, and senior management guarantee the truthfulness, accuracy, and completeness of the report's content, free from false records, misleading statements, or major omissions[4] - This half-yearly report is unaudited, and the Board of Directors' resolution for profit distribution or capital reserve to share capital plan for this reporting period is 'not applicable'[6][7] Part II. Company Basic Information This section provides an overview of the company's fundamental information, including stock details, key financial data, and shareholder structure Company Profile This section provides the company's basic stock information and key contact details for investor relations Overview of Company Stock and Contact Information | Metric | Information | | :--- | :--- | | Stock Type | A-shares | | Listing Exchange | Shanghai Stock Exchange | | Stock Abbreviation | Hengrun Shares | | Stock Code | 603985 | | Board Secretary Name | Chen Zhao | | Board Secretary Phone | 0510-80121156 | | Board Secretary Email | chenzhao@hrflanges.com | | Securities Affairs Representative Name | Zhang Qiang | | Securities Affairs Representative Phone | 0510-80121156 | | Securities Affairs Representative Email | zhangqiang@hrflanges.com | - The company's stock abbreviation is 'Hengrun Shares', stock code '603985', listed and traded on the Shanghai Stock Exchange[8] Key Financial Data The company's financial performance significantly improved, with substantial revenue growth and a return to profitability, despite an increased net cash outflow from operating activities Key Financial Data for H1 2025 (Unit: RMB) | Metric | End of Reporting Period/Current Period | End of Prior Year/Prior Period | Change (%) | | :--- | :--- | :--- | :--- | | Balance Sheet (Period-end): | | | | | Total Assets | 5,605,071,136.15 | 4,597,160,915.55 | 21.92 | | Net Assets Attributable to Shareholders | 3,196,172,582.03 | 3,207,829,880.66 | -0.36 | | Income Statement (Current Period): | | | | | Operating Revenue | 2,072,502,950.43 | 640,774,693.89 | 223.44 | | Total Profit | 49,004,213.05 | -35,884,118.48 | N/A (Turned profit) | | Net Profit Attributable to Shareholders | 40,166,492.24 | -31,962,303.30 | N/A (Turned profit) | | Net Profit Attributable to Shareholders (Excluding Non-recurring Items) | 38,497,822.28 | -40,817,781.38 | N/A (Turned profit) | | Cash Flow Statement (Current Period): | | | | | Net Cash Flow from Operating Activities | -109,896,005.62 | -27,915,278.57 | N/A (Net outflow expanded) | | Other Metrics: | | | | | Weighted Average Return on Net Assets (%) | 1.25 | -0.96 | Increased by 2.21 percentage points | | Basic Earnings Per Share (RMB/share) | 0.0911 | -0.0725 | N/A (Turned profit) | | Diluted Earnings Per Share (RMB/share) | 0.0911 | -0.0725 | N/A (Turned profit) | - Total assets reached RMB 5.605 billion at the end of the reporting period, a 21.92% increase from the end of the prior year[10] - Operating revenue for the current period was RMB 2.073 billion, a substantial 223.44% increase compared to the same period last year[10] - The company turned a loss into a profit, with net profit attributable to shareholders reaching RMB 40.17 million, compared to a loss of RMB 31.96 million in the prior year period[11] - Net cash flow from operating activities was -RMB 110 million, indicating an expanded net outflow compared to -RMB 27.92 million in the prior year period[11] Top 10 Shareholders' Shareholding Status As of the reporting period end, the company had 39,572 shareholders, with this section detailing the top ten shareholders' holdings, including pledge, marking, or freezing status, and noting specific legal issues for shareholder Cheng Lixin - As of the end of the reporting period, the company had a total of 39,572 shareholders[12] Top 10 Shareholders' Shareholding Status as of the End of the Reporting Period (Unit: Shares) | Shareholder Name | Shareholder Nature | Shareholding Ratio (%) | Number of Shares Held | Number of Pledged, Marked, or Frozen Shares | | :--- | :--- | :--- | :--- | :--- | | Jining Chengtou Holding Group Co., Ltd. | State-owned Legal Person | 29.00 | 127,848,826 | Pledged 60,241,337 | | Cheng Lixin | Domestic Natural Person | 8.75 | 38,596,087 | Pledged 11,776,666, Frozen 6,663,215 | | Zhou Hongliang | Domestic Natural Person | 5.72 | 25,206,064 | Pledged 19,704,000 | | Hainan Yifan Private Equity Fund Management Co., Ltd. - Yifan No. 7 Private Equity Investment Fund | Other | 5.66 | 24,952,563 | Frozen 24,952,563 | | Xu Guoxin | Domestic Natural Person | 2.67 | 11,776,667 | Unknown 0 | | Hong Kong Securities Clearing Company Limited | Unknown | 1.19 | 5,237,237 | Unknown 0 | | CITIC Securities Asset Management (Hong Kong) Limited - Client Funds | Unknown | 0.96 | 4,218,909 | Unknown 0 | | Jiangyin Hengrun Heavy Industry Co., Ltd. Repurchase Special Securities Account | Other | 0.84 | 3,723,530 | Unknown 0 | | Hu Xiao | Domestic Natural Person | 0.38 | 1,657,300 | Unknown 0 | | Xiao Qingmei | Domestic Natural Person | 0.35 | 1,530,606 | Unknown 0 | - Shareholder Cheng Lixin signed a 'Nominee Holding Agreement' with a third party to acquire 24,952,563 shares of the company's stock through a private equity product, and has filed an administrative reconsideration regarding the China Securities Regulatory Commission's administrative penalty decision, which was suspended on April 30, 2025[12][13] Preferred Shareholder Status The company had no preferred shareholders as of the end of the reporting period - The company has no preferred shareholders[14] Changes in Controlling Shareholder or Actual Controller There were no changes in the company's controlling shareholder or actual controller during the reporting period - During the reporting period, there were no changes in the company's controlling shareholder or actual controller[14] Status of Outstanding Bonds The company had no outstanding bonds as of the approval date of the half-yearly report - The company had no outstanding bonds as of the approval date of the half-yearly report[14] Part III. Significant Matters This section addresses any major changes in the company's operations and significant influencing factors during the reporting period Major Changes in Company Operations and Significant Influencing Factors During the Reporting Period During the reporting period, there were no significant changes in the company's operations or matters with major current or future impact - During the reporting period, there were no significant changes in the company's operations, nor any matters with a major current or anticipated future impact on its operations[15]