Core Viewpoint - The company announced the implementation of its annual profit distribution plan for 2024, which includes a cash dividend of 0.08 yuan per share (before tax) approved by the shareholders' meeting on April 18, 2025 [2][4]. Summary by Relevant Sections Dividend Distribution - The cash dividend distribution is set at 0.08 yuan per share, amounting to a total cash distribution of 19,274,924.72 yuan based on a total share capital of 240,936,559 shares [2][4]. Distribution Recipients - The distribution will be made to all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, as of the close of trading on the day before the equity registration [3]. Implementation Method - The dividends for unrestricted circulating shares will be distributed through the clearing system of the China Securities Depository and Clearing Corporation Limited, with shareholders able to collect their cash dividends at their designated securities firms on the distribution date [5]. Taxation Details - For individual shareholders holding unrestricted circulating shares, the tax treatment varies based on the holding period, with different tax rates applicable: 20% for holdings of one month or less, 10% for holdings between one month and one year, and no tax for holdings over one year [9][10]. - For Qualified Foreign Institutional Investors (QFII), a 10% withholding tax will be applied, resulting in a net cash dividend of 0.072 yuan per share [10]. - For Hong Kong investors, the same 10% withholding tax applies, with dividends distributed in RMB [10]. Contact Information - For inquiries regarding this equity distribution, shareholders can contact the Board Office at 021-65690310 [11].

Core Viewpoint - The company, Zhuangzi Island, is facing continuous losses and high debt levels, prompting a significant capital increase through a private placement to improve liquidity and reduce bank borrowings [1][4][6]. Financial Situation - Zhuangzi Island plans to raise no more than 521.86 million yuan through a private placement to supplement working capital and repay bank loans [1][4]. - As of March 2025, the company's total liabilities amount to approximately 2.125 billion yuan, with an asset-liability ratio of 95.80% [5][6]. - The company reported a net profit loss of approximately 21.91 million yuan in 2024, a decline of 355.15% year-on-year, attributed to weak domestic demand and increased market competition [16]. Shareholder Changes - Following the private placement, the controlling shareholder will shift from Yanhua Group to Haifa Group, with Haifa Group expected to hold over 30% of the shares [7][8]. - Before the issuance, Yanhua Group held about 15.46% of Zhuangzi Island's shares, which will decrease to 12.50% post-issuance [7]. Asset Management - To enhance profitability, the company plans to lease out part of its assets, potentially generating an annual cash recovery of approximately 8.3968 million yuan and increasing profits by about 7.9215 million yuan [2][18]. - The company has been in a state of loss since 2014, primarily due to adverse environmental conditions affecting its marine resources [10][12]. Market Performance - As of May 23, 2023, Zhuangzi Island's stock price was 4.05 yuan per share, with a total market capitalization of approximately 2.88 billion yuan [3][9].

Core Viewpoint - Zhuangzi Island reported a decline in revenue and net profit for 2024, indicating challenges in its core marine industry operations [1] Group 1: Financial Performance - In 2024, Zhuangzi Island achieved operating revenue of 1.583 billion yuan, a decrease of 5.66% year-on-year [1] - The company recorded a net loss of 21.91 million yuan, a year-on-year decrease of 355.15% [1] - The non-recurring net profit was -113 million yuan, reflecting a significant decline of 3276.09% year-on-year [1] Group 2: Research and Development - The company's R&D expenses are focused on various areas, including aquatic seedling cultivation, marine environmental modeling, and high-end product development for shellfish [2] - Progress in polyploid species cultivation is seen as crucial for enhancing the resilience and market competitiveness of marine aquaculture [2] - Zhuangzi Island's subsidiary, Qingdao Frontier Marine Seed Industry Co., is a leading player in China's polyploid aquatic seedling sector, particularly in shellfish breeding [2] Group 3: Product Development and Sales Strategy - Zhuangzi Island is committed to upgrading its food offerings, focusing on the development of a series of marine prepared dishes under the "Zhuangzi Island Flavor" brand [3] - The company aims to enhance its online sales channels and brand influence, with plans to expand product categories and collaborate with platforms like JD.com and Douyin [3] Group 4: Capital Raising and Financial Strategy - The company plans to raise up to 522 million yuan through a private placement to supplement working capital and repay bank loans [4] - The issuance will not change the company's control, as the new major shareholder will be the parent company of the current controlling shareholder [4] - Post-issuance, the company's total assets and net assets are expected to increase, improving liquidity ratios and short-term debt repayment capacity [4]

证券代码：002069 证券简称：獐子岛 獐子岛集团股份有限公司 投资者关系活动记录表 编号：2025 -01 投资者关系活动类别 ☐特定对象调研 ☐分析师会议 ☐媒体采访 业绩说明会 ☐新闻发布会 ☐路演活动 ☐现场参观 ☐其他（请文字说明其他活动内容） 参与单位名称及人员姓 名 线上参与公司2024年度业绩说明会的投资者 时间 2025年05月23日 15:00-16:30 地点 价值在线（https://www.ir-online.cn/）网络互动 上市公司接待人员姓名 董事长刘德伟 董事、总裁战成敏 独立董事张晓东 财务总监孙湘 董事会秘书阎忠吉 投资者关系活动主要内 容介绍 公司于2025年5月23日（星期五）15:00-16:30通过"价值在 线"提供的网上平台举行2024年度业绩说明会。本次业绩 说明会采用网络远程的方式举行。业绩说明会问题回复环 节主要内容如下： 1.公司和大连獐子岛海洋发展集团是什么关系？近期有 重组计划吗？ 答:尊敬的投资者您好。 海发集团为公司实际控制人大连市国资委控制的企 业，目前是公司控股股东盐化集团的母公司，即为公司的 间接控股股东。根据《深圳证券交易所股票上市规则 ...

Group 1 - The project, with a total investment of approximately 6 billion yuan, marks a significant breakthrough in the transformation and upgrading of modern fisheries in Dongfang City, aiming to cultivate new growth points in the marine economy [1] - The project will adopt a "fishing + tourism" integrated development model, expected to generate an annual output value exceeding 100 million yuan, creating a modern marine industry cluster [1] - The first phase involves an investment of 350 million yuan to construct a 398-hectare deep-water net cage project, which is anticipated to reduce the cost of grouper farming by 30% and shorten the farming cycle by 20% [1] Group 2 - Dongfang City has signed 11 marine economy projects this year, with a total agreed investment of 4.909 billion yuan, indicating a strong focus on marine economic development [2] - To ensure the rapid implementation of major projects, Dongfang City has established a "special team + special personnel" service system and adopted a "simplified approval" model, achieving a new speed in project execution [2] - The city has formed a reserve of 26 key projects with a total investment scale of 27.2 billion yuan, covering various fields such as deep-sea aquaculture, marine equipment manufacturing, and coastal tourism [2]

Group 1: Tourism and Economic Impact - During the May Day holiday, Changshu received 1.5319 million tourists, a year-on-year increase of 6.33%, generating a total tourism revenue of 138.3998 million yuan, up 4.9% year-on-year, highlighting its appeal as a tourist destination in the Yangtze River Delta region [1] - From 2018 to 2023, wetland-themed parks in Changshu attracted 13.8 million visitors, generating direct tourism revenue of 636 million yuan, significantly benefiting surrounding industries such as dining and accommodation [2] Group 2: Biodiversity and Environmental Protection - Changshu has effectively protected rare and endangered species, with the number of bird species increasing from 136 in 2011 to 328 in 2023, showcasing successful biodiversity conservation efforts [2] - The city has developed a wetland protection model that emphasizes ecological civilization, innovation, and the harmonious coexistence of urban development and wetland conservation [1][2] Group 3: Agricultural Development - Changshu has a pond aquaculture area of 90,200 acres, producing approximately 24,800 tons of various aquatic products annually, with the primary industry output value exceeding 1.463 billion yuan [8] - The ecological and economic benefits of the primary industry have been realized through new technologies and mechanisms, meeting local and international market demands [8] Group 4: Cultural and Creative Industries - The 34th Jiangsu (Changshu) Shanghu Peony Festival integrates technology, culture, and creativity, enhancing the visitor experience and promoting local cultural heritage [10] - Local government initiatives have led to the development of creative products based on local history, such as limited edition peony-themed gifts, contributing to the growth of the cultural and creative industries [10] Group 5: Policy and Legislative Framework - Jiangsu Province has initiated biodiversity baseline surveys across 95 counties, with 93 completed, revealing a total of 8,842 species, including 176 nationally protected species [13] - The implementation of the Jiangsu Provincial Biodiversity Protection Regulations marks a significant step in local biodiversity legislation, following similar efforts in Yunnan and Shandong [13]

Core Concept - The article emphasizes the importance of the "Big Agriculture" concept as a guiding worldview and methodology for modern agricultural development, highlighting its role in enhancing agricultural efficiency, rural vitality, and farmers' income [1][2]. Agricultural Development Concept Innovation - "Big Agriculture" contrasts with the traditional "Small Agriculture" concept, which is limited to small-scale farming and often disconnected from other industries. The historical small-scale farming model has led to inefficiencies and sustainability issues in agricultural development [1][2]. Adaptation to Modernization - The transition from "Small Agriculture" to "Big Agriculture" reflects the evolving understanding of agricultural development needs, with significant milestones in policy discussions since the 1990s [2]. Resource Perspective - "Big Agriculture" broadens the scope of agricultural resources beyond just arable land to include forests, grasslands, water bodies, and various biological resources, emphasizing a holistic approach to resource management [3]. Integrated Development - The concept promotes an integrated development model that encompasses the entire agricultural value chain, from production to processing, transportation, and consumption, thereby enhancing resilience and competitiveness [3][4]. Multifunctionality and Systematic Thinking - "Big Agriculture" recognizes the multifaceted roles of agriculture, including economic, social, ecological, and cultural functions, advocating for a systematic approach to agricultural development [4]. Green Development - The article stresses the need for sustainable practices in agriculture, promoting ecological, organic, and low-carbon farming methods to mitigate negative environmental impacts [4]. Diverse Pathways for Implementation - The implementation of "Big Agriculture" requires breaking traditional boundaries and emphasizing multi-functional, open, and integrated development, focusing on the synergy between different agricultural sectors [6]. Resource Utilization - Given the limited arable land in China, the article advocates for the comprehensive utilization of various agricultural resources, including non-traditional land types, to meet diverse agricultural demands [7]. Modern Agricultural Industry System - The development of a modern agricultural industry system is essential, with a focus on enhancing the entire agricultural value chain and promoting digital transformation [8]. Community Development - The article highlights the importance of integrating small farmers into the modern agricultural system, creating a community of shared interests and responsibilities [9]. Regional Adaptation - The development of modern agriculture should be tailored to regional characteristics, promoting large-scale agriculture in areas with sufficient land while supporting moderate-scale operations in regions with limited arable land [10][11]. Urban Agriculture - The article discusses the potential for developing modern urban agriculture in large cities, integrating agricultural functions with urban living and ecological considerations [11]. Specialty Agriculture - The promotion of specialty agriculture, leveraging unique regional resources, is seen as a promising avenue for modern agricultural development [12].

Economic Growth and Development - In the first quarter of 2025, Dongtou's GDP grew by 10.2% year-on-year, making it a typical case of "contributing more" to Zhejiang's industrial economy [1] - The completion rate of the "thousand projects worth trillions" investment in Dongtou ranks among the top in Zhejiang's mountainous island counties [1] Port and Marine Economy - The construction of the Zhejiang (East China) Deep Sea Wind Power Mother Port is underway, which will support the aggregation of leading companies in the offshore wind power industry [1] - The port area is enhancing its logistics system and has opened 17 near-ocean boutique shipping routes, with container throughput expected to exceed 1 million TEUs annually [1] - The export value of the new energy second-hand vehicle base increased by 51.5% year-on-year in the first quarter of 2025 [1] Marine Ecological Innovation - The introduction of 30,000 Daichu fish fry into the "sonic wave marine ranch" demonstrates Dongtou's commitment to marine ecological protection and restoration [3] - The survival rate of wild-cultured fry has improved by over 60% compared to traditional methods, addressing the issue of fish species degradation [3] - Dongtou is actively promoting ecological governance and green industry development, including the protection and restoration of coastal ecosystems [3][4] Tourism and Cultural Integration - Dongtou has over 7,000 bed spaces in homestays, with an average income increase of 150,000 yuan per household [5] - The area received 1.127 million tourists in the first quarter of this year, with overnight visitor numbers increasing by 15.2% year-on-year [6] - The integration of international ecological tourism is transforming rural areas, with various new business models being developed [5][6]

Group 1 - The core viewpoint of the article highlights the dramatic shift in UK-EU relations from a cold separation to a cooperative approach, marked by a series of agreements reached during their first formal post-Brexit summit [1][2] - The agreements cover multiple sectors including defense, fisheries, and trade, indicating a transition from "cutting" to "stitching" the relationship back together [2] - In the food trade sector, the removal of routine border checks on animal products is expected to contribute nearly £900 million annually to the UK economy [2] Group 2 - The defense procurement agreement allows UK participation in a €150 billion EU joint defense procurement plan, which includes military support for Ukraine, thus opening new markets for UK defense companies [2] - The compromise on fisheries extends the permission for EU fishing vessels to operate in UK waters until 2038, reflecting a willingness to negotiate on contentious issues [2] - The establishment of a cross-border work and living mechanism for young people aims to ease post-Brexit border issues, addressing long wait times at customs [2] Group 3 - The recent thaw in UK-EU relations is driven by bilateral interests but also reflects deeper geopolitical shifts, particularly the impact of US policy changes on transatlantic relations [3] - The unilateral actions of the US during the Russia-Ukraine conflict have left the UK and EU feeling abandoned, prompting a push for greater defense autonomy and cooperation [3] - Economic pressures from US tariffs on EU steel and aluminum have forced the UK and EU to set aside differences and collaborate to mitigate external risks [3] Group 4 - The historical context of UK-EU relations reveals a complex interplay of cooperation and estrangement over the past 80 years, with significant events like the Iraq War and the Eurozone crisis exposing vulnerabilities in the UK's "bridge" role [4] - The aftermath of Brexit has seen the UK economy suffer, with GDP contraction and inflation, leading to a reassessment of the "Global Britain" strategy and a pragmatic shift towards limited cooperation with the EU [4] - The current agreements signify a "selective return" to EU rules in exchange for market access, marking a departure from the idealistic "Global Britain" vision towards a more realistic approach [4] Group 5 - Despite the renewed closeness, structural contradictions remain, with domestic political challenges in the UK complicating the government's ability to navigate between pro-EU sentiments and Brexit commitments [5] - Unresolved issues such as Northern Ireland trade arrangements and Gibraltar sovereignty disputes continue to pose risks for future relations [5] - The geographical proximity and economic interdependence between the UK and EU suggest that practical cooperation will ultimately prevail over political rhetoric, indicating a potential future re-engagement with the EU [5]

Group 1 - The UK and EU reached a comprehensive trade agreement on May 19, 2025, marking a "reset" in UK-EU relations after Brexit [1][2] - The agreement covers various areas including fisheries, food imports and exports, defense security, and the movement of people, with UK Prime Minister Keir Starmer describing it as a "practical solution" [3][4] - The UK government made concessions on fishing rights, extending EU fishing vessels' access to UK waters by 12 years until June 2038, while the EU simplified food and beverage import processes for the UK [4][6] Group 2 - The agreement is projected to contribute nearly £9 billion to the UK economy by 2040, although experts suggest this will only offset a small portion of the economic impact of Brexit [6][7] - The UK government has demonstrated a pragmatic approach in trade policy, having signed agreements with India, the US, and now the EU, contrasting with the previous government's lack of progress post-Brexit [9] Group 3 - The agreement has faced criticism from hardline Brexit supporters, including former Prime Minister Boris Johnson, who labeled it a "betrayal" of UK interests [10][11] - Despite the criticism, many UK business groups, including the British Retail Consortium and the Confederation of British Industry, welcomed the agreement as a step forward in UK-EU relations [14][15] Group 4 - The agreement includes a commitment to a youth mobility program, although discussions on this were hindered by domestic concerns over immigration [5][19] - The proposed youth mobility plan, similar to existing programs for young people from countries like Australia and Canada, was ultimately not included in the agreement due to political sensitivities [20][22]