Core Viewpoint - The company, Shandong Xinhua Jin International Co., Ltd., has received an inquiry letter from the Shanghai Stock Exchange regarding its 2024 annual report, specifically addressing the issue of non-operating fund occupation and internal control deficiencies [1]. Group 1: Non-operating Fund Occupation - In 2024, the total amount of non-operating fund occupation was 1,582.145 million yuan, with interest amounting to 11.5069 million yuan, and a year-end balance of 16.6369 million yuan, which accounted for 1.38% of the latest audited net assets [1]. - For the period from January to April 2025, the non-operating fund occupation amounted to 385.4879 million yuan, with interest of 3.7526 million yuan, and all occupied funds and interest have been repaid by the end of the period [1][5]. - The company’s financial report for 2024 received a standard unqualified audit opinion, but the internal control audit opinion included an emphasis on the aforementioned fund occupation and deficiencies in decision-making and information disclosure processes [1][5]. Group 2: Specific Situations of Fund Occupation - The company provided detailed information on the specific situations of fund occupation, including the flow of funds, responsible parties, and decision-making processes [2][5]. - A table was presented detailing the amounts and parties involved in the fund occupation, with significant amounts flowing through various accounts and entities, indicating a complex network of transactions [3][4]. - The company acknowledged that the non-operating fund occupation did not strictly follow the established approval processes, with the chairman being identified as responsible for the related issues [5]. Group 3: Internal Control and Fund Management - The company has established a comprehensive internal control system regarding fund management, which includes clear approval processes for external payments that require the approval of the financial director, president, and chairman [5]. - The company has conducted a thorough self-examination to enhance the effectiveness of its internal controls, particularly concerning fund payments, and has implemented stricter approval procedures to prevent future occurrences of non-operating fund occupation [5]. - The company disclosed its cash and bank deposit situation as of the end of 2024, with a total cash balance of 61,964.09 million yuan and various accounts with different interest rates, indicating a diversified fund management strategy [6].

Core Viewpoint - The audit firm Zhongtian Yun has conducted a thorough review of Shandong Xinhua Jin International Co., Ltd.'s cash flow related to purchasing goods and services over the past three years, confirming that the transactions have commercial substance and do not involve disguised fund inflows to controlling shareholders or related parties [1][6][7] Group 1: Financial Overview - The company reported cash outflows for purchasing goods and services of 1.62 billion, 2.04 billion, and 1.16 billion yuan over the past three years, indicating significant fluctuations [1] - The company received 1.45 billion yuan in cash related to other investment activities, with discrepancies noted in the year-end cash balance [1] Group 2: Supplier Relationships - The top ten cash outflow recipients for purchasing goods and services were identified, with details on the supplier names, amounts, and their relationship to the company [2][3] - Most suppliers have a long-term and stable relationship with the company, aligning with the company's operational needs and contractual agreements [6] Group 3: Audit Findings - The audit firm confirmed that the transactions with the top ten cash outflow recipients possess commercial substance and do not involve any disguised fund inflows to controlling shareholders or related parties [7] - The audit process included verifying supplier information, contract execution, and compliance with commercial practices [7]

近期，中美互降关税后，此前受关税争端影响的外贸企业压力有所缓解，生产经营迎来转机。 在河南洛阳卡尔办公家具有限公司的生产车间内，积压了不少产品。如今，随着中美互降关税，这些产 品也重新启程踏上去美国的路程。公司总经理毛向南表示，此前不少美国本土客户全面暂停下单，在美 国的供应链客户也取消了对美区域的订单，导致库存积压，最高的时候积压了2万多件产品，给企业经 营造成了压力。毛向南告诉记者，企业积极寻求解决之道。"美国本土客户停止下单后，我们就把主要 精力放到其他海外市场和零售消费者上。"毛向南说。 毛向南表示，公司下一阶段将持续深化多元化市场战略，重点布局日本、欧洲、中亚等新兴市场，同时 深化"半托管模式"，增加海外仓布局和本土化服务，降低物流成本与合规成本，同时申请跨境电商综合 试验区政策支持，降低企业成本。此外，企业还将持续推动品牌化战略，通过市场多元化、技术自主化 和供应链优化提升企业抗风险能力。 记者从河南瑞贝卡发制品股份有限公司了解到，今年3月份以来，随着关税升高，美国经销商暂停了前 期订单发货，后续订单全线停滞，在产订单随即全部停产，涉及金额400万美元。 河南瑞贝卡公司总经理办公室陈勇告诉记者，发 ...

企业应从何着手破局？又该如何转型升级？活动现场，各种肤色的面孔聚在一起，畅快表达了心声与期待。 【大河财立方 记者 杨霄 程帅星 文 朱哲 冉衡 李博 摄影摄像】《中美日内瓦经贸会谈联合声明》发布两周多后，中外跨境电商聚在了郑州。 5月29日，在2025郑州跨境电商大会暨外贸优品中华行（河南站）活动上，多国贸易代表及中外跨境电商企业相聚于此。受美国关税政策影响，国际贸易 不确定因素陡然增多，也给全球跨境电商行业带来直观冲击。 关税争端下，跨境电商的危与机 5月12日，中美发布《中美日内瓦经贸会谈联合声明》（以下简称日内瓦联合声明），大幅降低双边关税水平。但需要注意的是，5月2日，美国正式终止 了对来自中国价值不超过800美元的小额包裹给予免征关税的政策。该政策并未因"日内瓦联合声明"得到豁免。 为何如此？ 数据显示，仅在2024年，就约有13.6亿件包裹以这一方式进入美国，其中大部分来自中国跨境电商平台。 一个不容忽视的前奏：2018年10月，美国就宣称要退出万国邮政联盟，重新谈判国际邮政费用。在坊间看来，这或又是个"美国再退群"的谈资。但事实 上，彼时美国政府就已指示美国邮政总局，取消国际邮政折扣，阻止外国 ...

Core Insights - The foreign trade import and export value of Heze city increased by 54.4% year-on-year in the first four months of the year, reaching a total of 263.7 billion yuan [4] Group 1: Trade Efficiency Improvements - The establishment of Heze Airport International Cargo Station has significantly reduced the customs clearance time for imported materials from Southeast Asia from 5-7 days to 2-3 days, saving logistics costs by approximately 2,000 yuan per batch [2] - The cargo station, which covers 4,300 square meters and integrates eight functional areas, has streamlined the customs process to a full electronic operation, reducing the clearance time for high-value and time-sensitive goods to 10-20 hours [2][3] - Since its operation, the cargo station has facilitated the import of 13.7 tons of human hair products and the export of 15,000 stems of fresh-cut flowers, showcasing its efficiency [2] Group 2: Economic Impact and Growth - The Heze Inland Port Bonded Logistics Center (Type B) has effectively addressed issues related to export tax rebates and import goods storage for local manufacturing and trade enterprises, significantly lowering operational costs [3] - In the first four months of the year, the bonded logistics center achieved an import of 280 tons of human hair products, an export value of 5 million yuan in gift boxes, and the export of 83 vehicles [3] - The center's first-line business import and export volume reached 210 million yuan, ranking 42nd among over 80 bonded logistics centers nationwide and 2nd in the province [3] Group 3: Policy Support and Innovation - Heze Customs has conducted policy briefings focusing on tariff reductions under RCEP and other free trade agreements, assisting over 200 foreign trade enterprises with policy interpretation and technical guidance [4] - The city has implemented various supportive policies and innovations to enhance foreign trade, resulting in a significant increase in the number of new import and export enterprises [4][5] - The local government emphasizes the importance of foreign trade enterprises as key drivers of economic growth and is committed to providing proactive services and support [5]

国际经贸形势多变的当下，国内多地、多行业正多措并举强化内外贸易建设。 作为中部地区的外贸龙头，河南虽地处内陆，但近年来国际商贸物流通路快速搭建，近期更是在水、 陆、空多端口频频传出布局消息。 证券时报记者近日采访获悉，今年6月，郑州国际陆港新址中欧班列（郑州)集结中心计划建成投用，该 中心将具备中欧班列年发运"万列千万吨"的承载能力。 而不久前发布的《河南省内河航道与港口布局规划修编（2025—2035年）》（征求意见稿），提出目标 到2030年初步形成现代化内河航运体系。 一辆辆载满崭新车辆的大货车，频繁穿梭于西作业区大门。而区内，大片密集停放的车辆旁，即是郑州 国际陆港的专用铁路线。在这里，新能源汽车实现了从厂区门到货舱门的无缝衔接。 基于便利交通优势，近年来河南成功吸引以比亚迪、富士康为代表的龙头企业布局，并以此为牵引催生 产业矩阵。国家统计局近日公布的数据显示，2025年一季度河南新能源汽车累计产量16.76万辆，已成 功跻身全国第十位。 "钢铁驼队"将迎新家 虽然周边尚有部分仓库在建，但距郑州比亚迪工厂仅一公里外的郑州国际陆港西作业区内，已是一派井 然有序的运转景象。 "西作业区去年正式投入使用，总 ...

最近一段时间，新华锦的母公司新华锦集团同样大动作频繁。5月8日，控股股东鲁锦集团（新华锦集团 旗下企业）将所持有本公司的300万股无限售流通股进行了质押。虽然公告显示，此次的质押行为主要 用于补充经营资金，不会对公司主营业务、融资授信及融资成本、持续经营能力产生重大影响。但质押 行为已经引起资本市场警觉。根据鹰眼预警评级模型，基于股价、质押率及质押比例等因子，对上市公 司质押风险进行动态监测，新华锦公司整体质押比例42.43%，核心股东质押比例98.05%，触发"高风 险"类评级。 此外，新华锦集团近期以6.65亿元向青岛啤酒（600600）出售即墨黄酒厂100%股权，被解读为优化资产 结构的举措。分析人士指出，剥离非核心资产、加码新兴产业的组合拳，或为缓解资金压力并重塑市场 信心。 近年来，青岛龙头企业争相布局机器人赛道，但路径各异。海尔、海信、澳柯玛（600336）等企业结合 自身制造场景，纷纷布局相关的细分赛道。相比之下，新华锦从零起步却选择深圳作为"根据地"，能否 在技术、人才、市场上突围仍是未知数。不过，新华锦的跨界尝试，也折射出传统外贸企业转型的迫切 性。业内人士分析，眼下机器人产业的竞争已进入深 ...

Group 1: Financial Support for Local Industries - The bank is implementing various measures to enhance financial support for the local hair product industry, including launching specific loan products like "Hair Loan" and "Lu Trade Loan" [3][10] - A total of 4.57 billion yuan in loans has been issued to 403 hair processing enterprises and individual processors in the county [3] - The bank's financial support aims to help the hair industry expand internationally, with products exported to Europe, America, and Japan [3][10] Group 2: Development of Outdoor Products Industry - The outdoor products industry in the region is thriving, with companies like Sheng Teng Outdoor Products leading the way, achieving an annual revenue of over 30 million yuan [5] - The company has established over 62 manual processing points, providing employment for more than 3,500 villagers [5] - The bank has issued 1.42 million yuan in loans to six outdoor product enterprises to support the industry's growth and international expansion [5][10] Group 3: Support for New Chemical Materials Industry - The new materials industry is represented by companies like Shandong Helichang New Materials, which produces 30,000 tons of new materials annually [7][9] - The company has received 10 million yuan in project loans from the bank, which has accelerated its project progress [9] - The bank has issued a total of 44 million yuan in loans to five new chemical enterprises to promote their products on the international stage [10]

5月14日、5月15日两个交易日连续涨停后，新华锦（600735）发布股价异动公告提示风险，并表示公司 关联方可能存在被监管部门处罚的风险。 新华锦主营发制品和纺织品服装产品的生产加工及业务出口业务，同时布局了石墨新材料产业和跨境进 口电商业务，也是国内最早开展高端养老运营的上市公司。 5月15日晚，新华锦发布股价异动公告称，股票价格于2025年5月13日、5月14日、5月15日连续三个交易 日收盘价格涨幅偏离值累计超过20%，属于《上海证券交易所交易规则》规定的股票交易异常波动情 形。 此外，新华锦称公司因资金占用行为存在被处罚的风险。具体情况为，针对《会计师事务所关于新华锦 2024年度非经营性资金占用及其他关联资金往来情况汇总表的专项说明》披露的相关事项，新华锦、新 华锦关联方可能存在被中国证监会行政处罚或被证券交易所实施纪律处分的风险。 记者注意到，5月12日，新华锦举行了业绩说明会，会上，新华锦高管向投资者介绍了其在石墨新材料 产业、跨境电商以及高端养老运营等新兴业务方面的情况。 据新华锦高管介绍，该公司目前有青岛森汇和青岛海正两座石墨矿。2024年，青岛森汇《采矿许可证》 延续工作取得实质性进展， ...

新华锦(600735.SH)发布异动公告，经自查，公司目前一切生产经营情况正常，内部生产经营秩序良 好，日常经营情况未发生重大变化。美国关税政策的反复及不确定性，将对公司的发制品、 纺织服装 出口业务产生较大影响，公司将持续关注并评估关税事项对公司经营业绩的具体影响。针对《会计师事 务所关于新华锦2024年度非经营性资金占用及其他关联资金往来情况汇总表的专项说明》披露的相关事 项，公司、公司关联方可能存在被中国证监会行政处罚或被证券交易所实施纪律处分的风险。 ...