瑞茂通供应链管理股份有限公司 公司债券募集资金使用管理制度 （2025 年 8 月修订） 第一章 总则 第一条 为规范瑞茂通供应链管理股份有限公司（以下简称"公司"）公司债 券募集资金管理，提高募集资金使用效率，根据《中华人民共和国公司法》、 《中 华人民共和国证券法》、 《公司债券发行与交易管理办法》、 《公司信用类债券信息 披露管理办法》等有关法律、法规和规范性文件的规定以及公司章程的规定，制 定本制度。 第二条 本制度所称募集资金是指公司通过发行公司债券（包括公开发行和 非公开发行的公司债券，但不包括可转换公司债券、分离交易的可转换公司债券） 向投资者募集的资金。 第三条 募集资金的使用和管理，应当履行公司的决策和审批程序。公司应 按约定用途使用募集资金，并根据相关法律法规的规定，及时披露募集资金使用 情况。如在存续期间改变或调整募集资金用途，应履行相关程序并及时披露。 第四条 公司董事、高级管理人员应当勤勉尽责，督促公司规范使用募集资 金，自觉维护募集资金的安全。 （四）公司、商业银行、债券受托管理人的违约责任。 上述协议在有效期届满前因受托管理人或商业银行变更等原因提前终止的， 公司应当及时与相关当 ...

Group 1 - The company has established a responsibility accountability system for significant errors in annual report information disclosure to enhance operational standards and ensure the authenticity, accuracy, completeness, and timeliness of disclosures [1][2] - The accountability system applies to directors, senior management, subsidiary heads, controlling shareholders, actual controllers, and other personnel involved in the annual report disclosure process [1][2] - The principles of the accountability system include factual accuracy, objectivity, proportionality of fault and responsibility, and the equivalence of rights and responsibilities [1][2] Group 2 - Specific circumstances that warrant accountability include violations of laws and regulations leading to significant errors or adverse impacts in annual report disclosures [2] - The company must consider the reasons for errors, consequences, and whether timely corrective actions were taken before imposing penalties on responsible individuals [2] - Possible forms of accountability include correction orders, public criticism, job reassignment, fines, and termination of employment [2][3]

Core Points - A new individual business named Lianxi District Shuiyuan Wanxiang Jiuyue Ting has been established with a registered capital of 40,000 RMB [1] - The legal representative of the business is Xiong Xiong [1] Business Scope - The business is authorized to operate drinking water production and sales, subject to relevant approvals [1] - General business activities include technology services, development, consulting, and promotion, as well as supply chain management and water resource management [1] - The business also engages in the sale of first-class medical devices, internet sales (excluding licensed goods), conference and exhibition services, economic consulting, and the sale of pre-packaged food and health products [1] - Additional activities include marketing planning and leasing services (excluding licensed leasing services) [1]

Group 1 - The establishment of a new company, Jingjie Industrial and Trade (Heihe) Co., Ltd., has been reported, with a registered capital of 1 million RMB [1] - The legal representative of the company is Zheng Zhenming [1] - The business scope includes supply chain management services, internet sales (excluding licensed goods), import and export agency, and various sales and manufacturing activities related to chemical products and daily necessities [1]

Core Viewpoint - Xiamen International Trade (600755.SH) reported a revenue of 151.66 billion yuan and a net profit of 523 million yuan for the first half of 2025, emphasizing its commitment to business transformation and international expansion through a "three-chain integration" model [1] Group 1: Financial Performance - The company achieved a total revenue of 151.66 billion yuan in the first half of 2025, with a net profit attributable to shareholders of 523 million yuan [1] - The supply chain management business generated 151.09 billion yuan in revenue, with overseas business contributing 29.55 billion yuan [1] - The total import and export volume reached 6.579 billion USD, with trade volume with Belt and Road countries nearing 40 billion yuan and over 35 billion yuan with RCEP countries [1] Group 2: Business Strategy and Operations - The company is enhancing its industrial depth through long-term contracts and partnerships, expanding upstream resources across multiple categories [2] - It is involved in a 400,000-ton differentiated polyester filament factory project to deepen the textile industry chain [2] - The establishment of an Australian platform company and a Japan office for the new energy division is part of the company's international expansion strategy [2] Group 3: Digital Transformation and Innovation - The company has upgraded its "Guotai Cloud Chain" digital system, processing over 70,000 orders with a transaction value exceeding 30 billion yuan [2] - The integration of the DeepSeek-R1 model into the digital system enhances user experience and operational efficiency [2] - Continuous improvements in back-office management systems are aimed at enhancing management effectiveness [2] Group 4: Health Technology Business - The health technology segment reported a revenue of 544 million yuan, with the subsidiary Paiter Medical achieving 262 million yuan in revenue, 55% of which came from overseas [3] - The company is expanding its medical supply chain business by adding new hospital projects in various regions [3] - Future plans include focusing on the implementation of the "14th Five-Year" strategic plan and enhancing digital capabilities to improve core competitiveness and operational efficiency [3]

Core Insights - Xiamen International Trade (600755.SH) reported a revenue of 151.66 billion yuan and a net profit of 523 million yuan for the first half of 2025, emphasizing its commitment to business transformation and international expansion [1] Group 1: Business Performance - The supply chain management segment generated 151.09 billion yuan in revenue, with overseas business contributing 29.55 billion yuan [1] - The total import and export volume reached 6.579 billion USD, with trade with Belt and Road countries nearing 40 billion yuan and trade with RCEP countries exceeding 35 billion yuan [1] - The company reported non-recurring gains of 1.015 billion yuan from financial derivatives, which helped mitigate operational risks [1] Group 2: Strategic Initiatives - The company is deepening its industry engagement through long-term contracts and partnerships, including a 400,000-ton differentiated polyester filament project [2] - New international platforms were established in Australia and Japan, enhancing the overseas team and expanding logistics capabilities [2] - The "Guotai Cloud Chain" digital system has processed over 70,000 orders worth more than 30 billion yuan, improving user interaction and operational efficiency [2] Group 3: Health Technology Sector - The health technology segment achieved a revenue of 544 million yuan, with the subsidiary Paiter Medical generating 262 million yuan, of which approximately 55% came from overseas [3] - The company is focused on expanding its medical supply chain and enhancing brand presence through new hospital projects [3] - Future plans include advancing the "14th Five-Year" strategic goals, optimizing organizational structure, and enhancing digital capabilities [3]

Group 1 - The core point of the article is that Xiamen Guomao (SH 600755) held its 13th board meeting for the fiscal year 2025 on August 27, 2025, where it reviewed the semi-annual report for 2025 [1] - For the first half of 2025, Xiamen Guomao's revenue composition shows that supply chain management accounted for 99.63%, health technology for 0.36%, and other business segments for 0.02% [1] - As of the report date, Xiamen Guomao's market capitalization is 13.7 billion yuan [1]

Core Viewpoint - Recently, Youliantong Industrial (Shanghai) Co., Ltd. was established with a registered capital of 1 million RMB, indicating a potential expansion in supply chain management and various service sectors [1] Company Summary - The legal representative of Youliantong Industrial is Liu Fei [1] - The company has a registered capital of 1 million RMB [1] - The business scope includes supply chain management services, technology services, and various sales including fresh fruits and agricultural products [1] Industry Summary - The company operates in multiple sectors such as construction materials, rubber products, and plastic products sales [1] - It also engages in brand management, enterprise management, and market marketing planning [1] - The company is involved in both wholesale and retail of fresh fruits and edible agricultural products [1]

Core Insights - The company reported a revenue of 35.961 billion yuan for the first half of 2025, representing a year-on-year decline of 11.50% [1] - The net profit for the same period was 32.6203 million yuan, down 20.84% year-on-year [1] - The company announced plans not to distribute cash dividends, issue bonus shares, or increase capital through reserves [1]

Core Insights - Guangzhou Wanjie Supply Chain Co., Ltd. has been established with a registered capital of 5 million RMB [1] - The company’s business scope includes supply chain management services, internet sales (excluding licensed goods), manufacturing and sales of rubber and plastic products, metal materials manufacturing and sales, automotive parts R&D and manufacturing, general cargo warehousing services (excluding hazardous chemicals), import and export of goods, and various technical services [1] Company Overview - The registered capital of Guangzhou Wanjie Supply Chain Co., Ltd. is 5 million RMB [1] - The company is involved in multiple sectors including supply chain management, manufacturing, and technical services [1] Business Scope - The company offers supply chain management services and internet sales, excluding licensed products [1] - It manufactures and sells rubber and plastic products, as well as metal materials [1] - The company is engaged in automotive parts research and development, along with manufacturing and sales [1] - It provides general cargo warehousing services, excluding hazardous chemicals [1] - The company is involved in the import and export of goods and offers a range of technical services including consulting and development [1]