Meeting Information - The second extraordinary general meeting of shareholders for 2025 will be held on September 16, 2025, at 9:30 AM [1] - The meeting will take place at the company's conference room located at No. 3, Santai Mountain Road, Hangzhou, Zhejiang Province [1] - Voting will be conducted through both on-site and online methods, utilizing the Shanghai Stock Exchange's shareholder meeting online voting system [2] Voting Procedures - Shareholders can vote via the trading system or the internet voting platform, with specific voting times outlined [3][4] - Shareholders holding multiple accounts can aggregate their voting rights across all accounts for the same category of shares [3][4] - Duplicate voting through different methods will be counted based on the first voting result [4] Attendance and Registration - Shareholders registered with the China Securities Depository and Clearing Corporation Limited as of the close of trading on September 11, 2025, are eligible to attend the meeting [4] - Attendance can also include company directors, senior management, and appointed lawyers [4] - Registration procedures for attendees are specified, including the need for identification and authorization documents for proxies [6]

Core Viewpoint - Qianjiang Water Development Co., Ltd. reported a slight increase in operating income but a significant decrease in net profit for the first half of 2025 compared to the previous year, indicating potential challenges in profitability despite stable revenue growth [1][2]. Financial Summary - Total assets at the end of the reporting period were approximately CNY 10.31 billion, a decrease of 6.44% from the previous year [1]. - Operating income for the reporting period was CNY 1.05 billion, reflecting a year-on-year increase of 3.59% [1]. - Total profit amounted to CNY 176.86 million, showing a slight increase from the previous year's CNY 175.90 million [1]. - Net profit attributable to shareholders was CNY 85.07 million, representing a significant decrease of 24.37% compared to the previous year's CNY 105.80 million [1]. - The net profit after deducting non-recurring gains and losses was not specified, but the cash flow from operating activities was positive [1]. - The weighted average return on equity decreased by 0.13 percentage points to 3.42% [1]. - Basic and diluted earnings per share were both CNY 0.19, down 20.83% from CNY 0.24 in the previous year [1]. Shareholder Information - The total number of shareholders at the end of the reporting period was 28,476 [1]. - Major shareholders included China Water Investment Group Co., Ltd. with a 32.54% stake and Zhejiang New Energy Investment Group Co., Ltd. with a 5.67% stake [2]. - The report indicates that there are no significant relationships or concerted actions among the major shareholders, except for some identified connections [2].

General Principles - The rules aim to standardize the decision-making process of the board of directors of Qianjiang Water Resources Development Co., Ltd. to enhance effective performance and scientific decision-making [1] - The board consists of eleven directors, including four independent directors, and is accountable to the shareholders' meeting [1] Responsibilities - The board is responsible for convening shareholder meetings, executing resolutions, and determining the company's operational plans and investment proposals [6][7] - The board has the authority to decide on significant acquisitions, capital changes, and external investments within the limits set by the shareholders' meeting [6][7] Meeting Proposals and Notifications - The board holds regular meetings at least four times a year, with notifications sent ten days in advance [10] - Temporary meetings can be called under specific circumstances, with notifications sent five days prior [11][12] Meeting Procedures - Board meetings require the presence of more than half of the directors to be valid [18] - Directors must attend meetings in person or delegate their voting rights through a written proxy [19][20] Voting and Resolutions - Resolutions require a majority vote from the attending directors, with specific rules for abstentions and conflicts of interest [27][30] - Meeting records must be maintained, detailing attendance, proposals, discussions, and voting outcomes [34][35] Implementation of Resolutions - The general manager is responsible for implementing board resolutions, with the chairman overseeing the execution and reporting on progress in subsequent meetings [37]

证券代码：600283 证券简称：钱江水利 公告编号：临 2025-033 钱江水利开发股份有限公司 关于修订《公司董事会议事规则》部分条款的公告 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个别及连带责任。 钱江水利开发股份有限公司（以下简称"公司"）于2025年8月27日召开第八 届董事会第十次会议，会议审议通过了《关于修订 <公司董事会议事规则> 部分条 款的议案》，本议案尚需提交公司2025年第二次临时股东大会审议及表决。 根据《公司法》《证券法》《上市公司独立董事管理办法》《上海证券交易 所股票上市规则》等法律法规、规范性文件的规定，结合公司的实际情况，拟对 《董事会议事规则》部分条款作相应修订。主要修订内容如下： 序号 修订前 修订后 股东会（章程中所有涉及股东大会 对比） 参考证监会章程指引，删除监事会、 监事会职责，不再逐一对比 章节、条款变动导致序号顺延，不 再逐一对比 钱江水利开发股份有限公司董事会议事规 钱江水利开发股份有限公司董事会 则（2024 年修订） 议事规则（2025 年修订） 第六条 董事会对股东大会 ...

Core Viewpoint - The company aims to enhance its market value management system to improve investment value and shareholder returns while ensuring compliance with relevant laws and regulations [1][2][3] Group 1: General Principles of Market Value Management - Market value management is defined as strategic management actions taken to enhance the investment value and shareholder return of the company [1] - The company emphasizes a high-quality development approach, focusing on operational efficiency and profitability [1][2] - The basic principles of market value management include systematic, compliant, scientific, regular, and honest practices [2][3] Group 2: Responsibilities and Structure - The board of directors leads the market value management efforts, with the management team responsible for execution and the board secretary assisting [3][4] - The board is tasked with planning, monitoring market value reflection, and ensuring alignment of executive compensation with company performance [4][5] Group 3: Key Strategies for Enhancing Investment Value - The company will focus on governance, employee stock ownership plans, mergers and acquisitions, share buybacks, cash dividends, investor relations management, and transparent information disclosure to enhance investment value [7][8][9][10] - A robust mechanism for monitoring public sentiment and crisis response will be established to protect the company's brand image [10][12] Group 4: Monitoring and Response Mechanisms - The company will analyze market indicators and set warning thresholds to respond promptly to significant stock price fluctuations [12][13] - In cases of substantial stock price declines, the company will communicate with investors, consider share buybacks, and implement measures to stabilize stock prices [11][14]

Core Points - The document outlines the governance structure and operational rules for Qianjiang Water Conservancy Development Co., Ltd, ensuring that the shareholders' meeting operates independently and in compliance with relevant laws and regulations [1][2][3]. Group 1: Shareholder Meeting Structure - The company must hold annual shareholder meetings within six months after the end of the previous fiscal year and can convene temporary meetings under specific circumstances [1][4]. - Temporary meetings must be held within two months of certain events, such as insufficient board members or significant losses [1][4][5]. - Legal opinions must be obtained for the meeting's procedures, participant qualifications, and voting results [2][5]. Group 2: Powers of the Shareholder Meeting - The shareholder meeting is the company's authority body, responsible for electing directors, approving financial reports, and making decisions on profit distribution and capital changes [3][4]. - The meeting can also approve significant transactions, including mergers, asset sales, and related party transactions [4][5]. - Shareholders holding more than 10% of shares can request a temporary meeting, and the board must respond within ten days [6][7]. Group 3: Proposal and Notification Procedures - Proposals must be within the powers of the shareholder meeting and clearly defined [8][9]. - Shareholders holding at least 1% of shares can submit proposals ten days before the meeting [9][10]. - The board must provide detailed information on proposals involving significant financial implications [10][11]. Group 4: Meeting Conduct and Voting - The shareholder meeting must be held at the company's registered location, allowing for both in-person and proxy attendance [12][13]. - Voting can occur through various methods, including online, with specific timelines for voting [12][13][14]. - The meeting must ensure orderly conduct and address any disruptions promptly [15][16]. Group 5: Decision-Making and Announcements - Resolutions can be ordinary or special, with different voting thresholds required for each type [47][48]. - The results of the voting must be announced immediately, and detailed records must be kept [58][59]. - The company must disclose the resolutions and voting results to the stock exchange promptly [68][69].

Core Insights - Qianjiang Water Conservancy (600283.SH) reported a total operating revenue of 1.053 billion yuan for the first half of 2025, marking a year-on-year increase of 36.47 million yuan or 3.59% [1] - The net profit attributable to shareholders reached 106 million yuan, reflecting a year-on-year increase of 20.73 million yuan or 24.37% [1] - The company achieved a net cash inflow from operating activities of 118 million yuan [1] Financial Performance - The latest debt-to-asset ratio stands at 60.70%, a decrease of 2.88 percentage points compared to the same period last year [3] - The gross profit margin is reported at 38.94%, ranking 22nd among disclosed peers [3] - The return on equity (ROE) is 3.49%, ranking 36th among disclosed peers [3] - The diluted earnings per share (EPS) is 0.19 yuan, ranking 38th among disclosed peers [3] Efficiency Metrics - The total asset turnover ratio is 0.11 times [4] - The inventory turnover ratio is 1.15 times, an increase of 0.16 times year-on-year, achieving a continuous increase over four years, with a year-on-year growth of 16.29% [4]

Core Viewpoint - The company reported a significant decline in revenue and incurred a net loss for the first half of 2025 [1] Financial Performance - The company's operating revenue for the first half of 2025 was 327 million yuan, representing a year-on-year decrease of 16.84% [1] - The net loss attributable to shareholders of the listed company was 6.1741 million yuan [1] - The net loss attributable to shareholders, excluding non-recurring gains and losses, was 8.7537 million yuan [1] - The basic loss per share was 0.0277 yuan [1]

格隆汇8月28日丨钱江水利(600283.SH)发布中报，2025上半年实现营业总收入10.53亿元，同比增长 3.59%；归属母公司股东净利润1.06亿元，同比增长24.37%；基本每股收益为0.19元。 ...

Core Viewpoint - Jiangsu Province's fiscal performance in the first seven months of 2025 shows a slight increase in both revenue and expenditure, indicating a focus on enhancing fiscal management and supporting economic development [1]. Fiscal Performance - General public budget revenue reached 680.139 billion yuan, a year-on-year increase of 1.5% [1] - General public budget expenditure totaled 834.365 billion yuan, a year-on-year increase of 2%, achieving 54% of the annual budget, which is 0.5 percentage points faster than the same period in 2024 [1]. Resource Allocation - The province has intensified fiscal resource coordination, prioritizing key areas through zero-based budgeting reforms and optimizing expenditure structures [2]. - Social spending amounted to 649.925 billion yuan, accounting for 77.9% of total public budget expenditure, with significant growth in education (5.5%), social security (6.8%), health (12.5%), and housing security (5.2%) [2]. Investment and Innovation - Special funds of 28.3 billion yuan were allocated for transportation projects, including major rail and waterway construction [2]. - Over 2 billion yuan was allocated to support manufacturing innovation and digital transformation initiatives [2]. Support for Foreign Trade and Employment - The province implemented measures to stabilize foreign trade and employment, including financial support for trade exhibitions and export credit insurance [3]. - A total of 10.032 billion yuan was reduced in unemployment insurance fees to alleviate operational costs for businesses [3]. Market Vitality Initiatives - Jiangsu's fiscal policies have been designed to stimulate market activity, including the provision of interest subsidies and loans to small and micro enterprises [4]. - The province launched consumption promotion policies, distributing 4.79 billion yuan in lottery vouchers to boost consumer spending [4]. Financial Group Formation - The establishment of the Jiangsu National Financial Investment Group aims to enhance the province's financial landscape and strengthen fiscal capacity [5]. Direct Financial Support - A new implementation plan for direct financial support to enterprises has been established, allowing for rapid access to funds without application requirements [6]. Governance and Management Improvements - Jiangsu is advancing fiscal management reforms, including zero-based budgeting and enhanced digital platforms for real-time financial data monitoring [7]. - The province is also working on legislative measures to improve financial supervision and performance evaluation systems [7].