Meeting Overview - The first meeting of the 2025 Employee Stock Ownership Plan (ESOP) was held on September 1, 2025, with 48 participants representing 6.214 million shares, accounting for 62.14% of the total ESOP shares [2] - The meeting was convened and chaired by the company's board secretary, Ms. Xiong Yingying, and complied with relevant laws and regulations [2] Resolutions Passed - The establishment of the 2025 ESOP Management Committee was approved to ensure the smooth implementation of the ESOP and protect the rights of the holders [3] - The committee will consist of three members, with a chairperson appointed for the duration of the ESOP [3] - The election of committee members, including Ge Peng, Chen Meili, and Liu Maoming, was unanimously approved [4] - The committee's first meeting elected Chen Meili as the chairperson [4] Committee Authority - The committee was authorized to manage various aspects of the ESOP, including convening meetings, overseeing daily management, and representing holders in exercising rights [5][6] - The authorization is effective from the date of the meeting until the termination of the ESOP [6] Stock Purchase Progress - As of the announcement date, the company has completed the purchase of 378,088 shares through the secondary market, representing 0.34% of the total share capital of 110,185,630 shares [7] - The purchased shares will be locked for 12 months, from September 2, 2025, to September 1, 2026 [7]

证券代码：600867 证券简称：通化东宝 公告编号：2025-054 通化东宝药业股份有限公司 第十一届董事会第十七次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 通化东宝药业股份有限公司（以下简称"公司"或"通化东宝"）第十一届 董事会第十七次会议，于 2025 年 9 月 2 日在公司会议室以现场结合通讯方式召 开。会议通知于 2025 年 8 月 27 日以书面和电子邮件方式发出。本次会议应参加 会议董事 9 人，实际出席会议董事 9 人，本次会议由董事长李佳鸿先生主持。监 事会成员及高级管理人员列席了会议。会议符合《公司法》和《公司章程》的有 关规定，所作决议合法有效。 二、董事会会议审议情况 （一）审议通过了《关于〈通化东宝 2025 年员工持股计划（草案）〉及其 摘要的议案》； 本次员工持股计划旨在充分调动核心骨干员工的积极性，有效地将股东利 益、公司利益和员工个人利益紧密结合在一起，提高员工凝聚力和公司竞争力， 建立和完善利益共享机制，促进公司健康可持续发展，同意公司依据 ...

通化东宝药业股份有限公司 董事会薪酬与考核委员会关于公司2025年员工持股计划 相关事项的核查意见 效地将股东利益、公司利益和员工个人利益紧密结合在一起，提高员工凝聚力和 公司竞争力，建立和完善利益共享机制，促进公司健康可持续发展。 综上，公司董事会薪酬与考核委员会同意实施2025年员工持股计划，并同 意将2025年员工持股计划相关事项提交公司董事会审议。 通化东宝药业股份有限公司 董事会薪酬与考核委员会 法律、法规、规范性文件规定的禁止实施员工持股计划的情形；《通化东宝2025年 员工持股计划(草案）》及其摘要符合《公司法》、《证券法》、《指导意见》等有 关法律、法规及规范性文件以及《公司章程》的规定，不存在损害公司及全体股 东利益的情形。 公司通过召开职工代表大会充分征求了员工意见，不存在摊派、强行分配等强制 员工参与本员工持股计划的情形。 通化东宝药业股份有限公司（以下简称"公司"或"通化东宝"）董事会薪 酬与考核委员会根据《公司法》、《证券法》、《关于上市公司实施员工持股计 划试点的指导意见》(以下简称"《指导意见》")、《上海证券交易所上市公司 自律监管指引第1号——规范运作》(以下简称"《规范运作 ...

证券代码：600867 证券简称：通化东宝 公告编号：2025-055 通化东宝药业股份有限公司 第十一届监事会第十一次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、监事会会议召开情况 通化东宝药业股份有限公司（以下简称"公司"或"通化东宝"）第十一届 监事会第十一次会议，于 2025 年 9 月 2 日在公司会议室以现场结合通讯方式召 开，会议通知于 2025 年 8 月 27 日，以书面、电子邮件等形式发出。本次会议应 参加会议监事 3 人，实际参加会议监事 3 人。会议由监事会主席王君业先生主持。 符合《公司法》和《公司章程》的规定，所作决议合法有效。 二、监事会会议审议情况 （一）审议通过了《关于〈通化东宝 2025 年员工持股计划（草案）〉及其 摘要的议案》； 《关于上市公司实施员工持股计划试点的指导意见》、 《上海证 券交易所上市公司自律监管指引第 1 号——规范运作》等有关法律、法规、规范 性文件和《公司章程》的规定，不存在损害公司及全体股东利益的情形，亦不存 在摊派、强行分配等方式强制员工参 ...

证券代码：600867 证券简称：通化东宝 公告编号：2025-057 通化东宝药业股份有限公司 关于召开2025年第二次临时股东会的通知 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互 联网投票平台的投票时间为股东会召开当日的 9:15-15:00。 (六)融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者 的投票，应按照《上海证券交易所上市公司自律监管指引第 1 号 — 规范运 作》等有关规定执行。 召开的日期时间：2025 年 9 月 18 日 10 点 00 分 召开地点：公司会议室 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 9 月 18 日 至2025 年 9 月 18 日 ( ...

通化东宝药业股份有限公司（以下简称"公司"或"通化东宝"）于2025年 求公司职工代表意见。本次会议的召开及表决程序符合相关法律、法规的有关规 定。经决议通过如下事项： 二、职工代表大会审议情况 证券代码：600867 证券简称：通化东宝 公告编号：2025-056 通化东宝药业股份有限公司 职工代表大会会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、职工代表大会召开情况 通化东宝药业股份有限公司董事会 （一）审议通过了《关于〈通化东宝 2025 年员工持股计划（草案）〉及 其摘要的议案》； 为充分调动核心骨干员工的积极性，有效地将股东利益、公司利益和员工个 人利益紧密结合在一起，提高员工凝聚力和公司竞争力，建立和完善利益共享机 制，促进公司健康可持续发展，同意公司依据《公司法》、《证券法》、《关于 上市公司实施员工持股计划试点的指导意见》、《上海证券交易所上市公司自律 监管指引第1号—规范运作》等有关法律、法规、规范性文件及《公司章程》的 有关规定，制定《通化东宝2025年员工持股计划（草案）》及其摘要。 ...

Core Viewpoint - The 2025 Employee Stock Ownership Plan (ESOP) of Tonghua Dongbao Pharmaceutical Co., Ltd. aims to enhance employee motivation and align the interests of shareholders, the company, and employees, thereby promoting sustainable development [1][8]. Summary by Sections Employee Stock Ownership Plan Overview - The ESOP is based on relevant laws and regulations, including the Company Law and Securities Law, and aims to be compliant, voluntary, and risk-bearing for employees [2][8]. - The plan will be managed by an Employee Stock Ownership Plan Management Committee, which will represent the interests of the plan holders [2][23]. Participants and Funding - The initial participants include company directors (excluding independent directors), supervisors, senior management, and core technical staff, with a total of up to 77 participants [3][10]. - The funding for the ESOP will come from employees' legal salaries, self-raised funds, and other legally permitted methods, with a total funding cap of 47.52383 million yuan [3][12]. Stock Source and Quantity - The plan will involve a maximum of 11.07782 million shares, accounting for approximately 0.566% of the company's total share capital, with the initial transfer of shares not exceeding 9.29 million shares [4][13]. - The shares will be sourced from the company's repurchased stock, and the purchase price is set at 4.29 yuan per share [5][14]. Lock-up and Vesting Periods - The ESOP has a total duration of 48 months, with specific lock-up periods for both the initial and reserved shares, which will be unlocked in phases based on performance assessments [6][16]. - The initial shares will have a three-phase unlocking schedule, while the reserved shares will unlock in two phases [16][21]. Performance Assessment - The plan includes both company-level and individual-level performance assessments, with specific financial targets set for the years 2025 to 2027 [17][20]. - The performance metrics will determine the unlocking of shares, with penalties for not meeting the targets [20][22]. Management Structure - The management of the ESOP will be overseen by a committee elected by the plan holders, ensuring that the interests of the participants are safeguarded [22][23]. - The committee will handle daily operations, represent the plan in shareholder rights, and ensure compliance with legal and regulatory requirements [22][26]. Asset Composition and Rights Distribution - The assets of the ESOP will consist of shares held, cash deposits, and other investments, with a clear separation from the company's assets [28][29]. - During the lock-up period, participants cannot claim distributions from the plan, and any dividends received will be reinvested until the lock-up period ends [28][29].

Core Viewpoint - The company is proposing a 2025 Employee Stock Ownership Plan (ESOP) to enhance governance, improve employee cohesion, and promote long-term sustainable development [9][10]. Group 1: Meeting Procedures - The company has established a meeting procedure to ensure the rights of shareholders and the orderly conduct of the meeting, including identity verification for attendees [2][3]. - The meeting will be conducted with a combination of on-site and online voting, with specific time frames for each voting method [6][7]. - The company will appoint representatives to oversee the counting of votes and ensure legal compliance during the meeting [11][12]. Group 2: Proposals for Shareholder Meeting - Proposal 1: The company seeks approval for the 2025 Employee Stock Ownership Plan draft, which aims to establish a profit-sharing mechanism between employees and owners [9]. - Proposal 2: The company has developed a management method for the 2025 Employee Stock Ownership Plan to ensure effective implementation [10]. - Proposal 3: The company requests authorization from the shareholders to allow the board to manage matters related to the 2025 Employee Stock Ownership Plan [12].

Meeting Overview - The third extraordinary general meeting of shareholders for Lianhua Holdings Co., Ltd. is scheduled for September 16, 2025, at 15:00 in the company's conference room located at 18 Yinghe Road, Xiangcheng City, Henan Province [1] - Voting will be conducted through a combination of on-site and online methods, utilizing the Shanghai Stock Exchange's shareholder meeting voting system [1][2] Agenda Items - Proposal to authorize the board of directors to handle matters related to the company's 2025 employee stock ownership plan [2] - Proposal to cancel the supervisory board, change registered capital, amend the Articles of Association, and handle business registration changes [2][10] Voting Procedures - Shareholders can vote via the Shanghai Stock Exchange's online voting system, either through the trading system or the internet voting platform [2] - Multiple shareholder accounts can be used for voting, but the first vote will be considered valid if repeated [2][3] Guarantee Proposal - Lianhua Holdings agrees to provide a joint liability guarantee for its subsidiary, Zhejiang Lianhua Zixing Intelligent Computing Technology Co., Ltd., for a financing limit of RMB 100 million from Haitong Hengxin International Leasing Co., Ltd. and RMB 240 million from Industrial Bank [4] - The total guarantee amount is RMB 340 million, with a guarantee period of three years [4][6] Financial Overview of the Guaranteed Entity - As of the latest audited figures, Lianhua Zixing has total assets of RMB 725.22 million and total liabilities of RMB 584.91 million, resulting in a net asset of RMB 140.31 million [5] - The company reported a revenue of RMB 80.64 million and a net profit of -RMB 14.56 million [5] Board's Opinion on Guarantee - The board believes that the guarantee is necessary for the operational needs of the subsidiary and will not significantly impact the company's daily operations or harm the interests of shareholders [6][7] - The cumulative external guarantee balance for the company and its subsidiaries is RMB 347.03 million, which is 20.45% of the net assets attributable to shareholders [7] Employee Stock Ownership Plan - The company proposes an employee stock ownership plan to enhance employee motivation and align their interests with those of shareholders [8] - The plan is in accordance with relevant laws and regulations, and the board seeks authorization from the shareholders to manage the implementation of this plan [9][10] Governance Changes - The company plans to amend its Articles of Association to eliminate the supervisory board, transferring its responsibilities to the board's audit committee [10] - The amendments will also involve changes to eight internal governance documents, which require shareholder approval to take effect [10]

Core Viewpoint - Joyo's performance continues to decline, with a significant drop in both revenue and profit over the past four years, raising concerns among investors about the company's future prospects [2][4][5]. Financial Performance - Joyo's revenue has decreased from 112.24 billion yuan in 2020 to 88.49 billion yuan in 2024, while net profit fell from 9.40 billion yuan to 1.22 billion yuan during the same period [4]. - In the first half of 2025, Joyo reported a revenue of 39.87 billion yuan, down 9.11% year-on-year, and a net profit of 1.23 billion yuan, down 30.02% year-on-year [4]. - The company's gross margin and net margin have also declined significantly, with gross margin dropping from 32.05% in 2020 to 25.50% in 2024, and net margin falling from 8.16% to 1.20% in the same timeframe [5]. Market Competition - The small home appliance industry is highly competitive, which has contributed to Joyo's ongoing performance challenges. Despite being a leading brand, Joyo's market share has not improved [5][6]. - The rapid growth of accounts receivable, from 2.12 billion yuan in 2020 to 10.78 billion yuan in 2024, indicates potential liquidity issues, while contract liabilities have decreased from 5.69 billion yuan to 1.61 billion yuan [5]. Employee Stock Ownership Plan - Joyo implemented an employee stock ownership plan in 2022, which has remained profitable despite the company's declining stock price. The plan raised 12.9 million yuan, with a share price of 8.0625 yuan [8][9]. - A significant portion of the shares in the plan was acquired at a price of 1 yuan per share, which has contributed to the plan's profitability [9]. - The plan is designed to enhance employee motivation and retention, but its performance has not met expectations, as evidenced by the failure to unlock shares in the first performance assessment [10].