证券代码：600390 证券简称：五矿资本 公告编号：临2025-057 五矿资本股份有限公司 关于五矿信托计提2025年半年度预计负债的公告 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、计提预计负债的情况说明 为了增强抗风险能力，并体现会计谨慎性原则，根据《中国银监 会办公厅关于进一步加强信托公司风险监管工作的意见》（银监办发 [2016]58号）精神，五矿资本股份有限公司（以下简称"公司"）下 属控股子公司五矿国际信托有限公司（以下简称"五矿信托"）自2019 年度起以存续的信托项目资产余额为基数，将信托项目划分为主动管 理类项目和事务管理类项目，对于主动管理类项目，根据中国银行业 监督管理委员会（现已更名为国家金融监督管理总局）《信托公司净 资本管理办法》（中国银行业监督管理委员会令2010年第5号）的要求 折算风险资本，并按照风险资本的5%计提信托业务准备金（对应科目 为预计负债），当累计计提的信托业务准备金金额达到风险资本的20% 时，可以不再计提。 四、监事会意见 公司监事会认为：本次计提预计负债的表决程序 ...

Core Viewpoint - The company received an inquiry letter from the Shanghai Stock Exchange regarding its 2024 annual report, primarily focusing on a lawsuit that has led to a qualified audit opinion due to the complexity of the case and the potential financial implications [1][2]. Group 1: Financial Reporting and Audit - The company's 2024 financial statements received a qualified audit opinion due to a lawsuit involving a claim for the return of distributed profits amounting to 152 million yuan, which represents 116% of the company's net assets attributable to shareholders [1][2]. - The company believes the lawsuit qualifies as a post-balance sheet adjustment matter under accounting standards, but it does not meet the criteria for recognizing a provision for expected liabilities [6][11]. - The audit team conducted various procedures, including reviewing litigation documents and consulting with legal counsel, but could not obtain sufficient evidence to determine the impact on the financial statements [10][11]. Group 2: Legal Proceedings - The lawsuit initiated by the Shanghai Changjiang United Metal Trading Center has progressed through the courts, with the company filing jurisdictional objections that were ultimately rejected [7][8]. - The company is actively preparing for evidence exchange scheduled for June 13, 2025, but the hearing was canceled, and further notifications from the court are awaited [7][8]. - The potential impact of the lawsuit on the company's financial performance remains uncertain, and the company will handle it according to relevant accounting standards as the case progresses [8][11]. Group 3: Business Performance - The company reported a significant decline in revenue for 2024, with total revenue of 507 million yuan, a decrease of 41.19% year-on-year, primarily due to a drop in logistics and warehousing services [20][21]. - The logistics and warehousing service revenue fell by 48.56%, while product sales revenue increased by 41.04%, indicating a shift in business dynamics [20][21]. - The company experienced substantial fluctuations in quarterly revenue, with the first quarter significantly outperforming subsequent quarters due to adjustments in business operations [29][30]. Group 4: Asset Impairment - The company recognized an impairment loss of 20.1 million yuan on intangible assets related to vehicle licenses, reflecting a decrease in demand for its logistics services [12][20]. - The assessment of the recoverable amount of the licenses was conducted by an external valuation firm, which determined the impairment was adequately accounted for [18][20]. - The decline in the utilization rate of vehicle licenses and the overall market conditions contributed to the impairment recognition [15][20].

Core Viewpoint - Sichuan Shengda Forestry Industry Co., Ltd. is facing significant financial challenges, including overdue debts and potential liquidity risks, as highlighted in the inquiry from the Shenzhen Stock Exchange regarding its 2024 annual report [1][2][3]. Financial Situation - As of December 31, 2024, the company had interest-bearing liabilities totaling 262 million yuan, with overdue debts amounting to 119 million yuan [1]. - The company reported a net cash flow from operating activities of 113 million yuan, a decrease of 7.82% year-on-year [1]. - The non-current liabilities due within one year amounted to 145 million yuan, showing a significant increase compared to the beginning of the period [1]. Debt Details - The company has a loan of 143.69 million yuan from Huabao Trust, with an interest rate of 8%, due on December 31, 2025 [2][3]. - The total amount payable at maturity, including principal and interest, is 155 million yuan [3]. - After accounting for judicial freezes and other factors, the company has 179 million yuan in disposable cash [3]. Overdue Debt and Negotiations - The overdue debts include amounts owed to various creditors, totaling approximately 118.55 million yuan, with no settlements reached as of the inquiry response date [6][9]. - The company is in discussions with creditors to negotiate debt restructuring or extension plans to reduce the scale of principal and interest [6][9]. Legal Matters - The company is involved in multiple lawsuits, with a total of 380 cases received by the court, amounting to 65.94 million yuan in claims [20]. - The company has recognized provisions for expected liabilities related to these lawsuits, totaling approximately 280 million yuan [22]. Operational Impact - The overdue debts and potential liabilities are not expected to have a significant adverse impact on the company's normal operations, as the management believes that available cash and expected cash inflows will cover operational needs [9][23]. - The company has taken measures to ensure the safety of its core assets, which include LNG plants and gas stations, and has isolated these from past liabilities [23]. Future Outlook - The company plans to continue optimizing its business model and enhancing cooperation with upstream and downstream partners to improve profitability and address overdue debts [23]. - The first major shareholder, Huabao Trust, is expected to provide ongoing support to the company in managing its debt crisis [24].