*ST创兴: 上海创兴资源开发股份有限公司2025年半年度报告摘要

Core Viewpoint - Shanghai Chuangxing Resource Development Co., Ltd. reported significant declines in financial performance for the first half of 2025, with a notable drop in revenue and net profit, indicating potential challenges ahead for the company [1]. Financial Summary - Total assets decreased by 7.61% from the end of the previous year, amounting to approximately 528.85 million yuan [1]. - Operating revenue plummeted by 99.00% compared to the same period last year, totaling approximately 373.99 million yuan [1]. - The total profit for the period was a loss of approximately 13.40 million yuan, compared to a loss of about 5.60 million yuan in the previous year [1]. - The net profit attributable to shareholders was a loss of approximately 13.71 million yuan, worsening from a loss of about 6.92 million yuan year-on-year [1]. - The net cash flow from operating activities showed a significant decline of 131.08%, resulting in a negative cash flow of approximately 4.34 million yuan [1]. - The weighted average return on net assets decreased by 11.82 percentage points to -14.18% [1]. - Basic and diluted earnings per share were both reported at -0.032 yuan, compared to -0.016 yuan in the previous year [1]. Shareholder Information - As of the report date, the total number of shareholders was 23,386 [2]. - The largest shareholder, Zhejiang Huqiao Industrial Co., Ltd., holds 23.90% of the shares, amounting to 101,664,147 shares, with 67,000,000 shares pledged [3]. - The company has no preferred shareholders with restored voting rights as of the report date [4]. Significant Events - A significant event occurred when 67,000,000 shares held by the controlling shareholder were publicly auctioned due to legal proceedings, resulting in a change of control to Mr. Wang Xiangrong [6][7].