新京报贝壳财经讯(记者阎侠)11月24日，中水渔业（000798）的股价开盘不久即涨停。在11月14日至11 月21日期间，中水渔业的股票已经连续6个交易日收盘涨停。 中水渔业的股东混改基金2025年11月17日通过集中竞价方式减持其持有的公司股份2588835股，本次减 持后，混改基金持股数量由20881670股减少至18292835股，占公司总股本的比例由5.7076%下降至5%。 中水渔业的主营业务涵盖远洋捕捞、水产品加工贸易以及海上渔业服务等多个板块。2025年前三季度， 公司实现营业收入296689.86万元，同比减少8.67%；归属于上市公司股东的净利润5340.81万元，同比 增加230.08%。 股价上涨期间，中水渔业三度发布股价异动公告，截至11月23日，公司的滚动市盈率77.53倍，市净率 为13.48倍，其当前的市盈率、市净率与同行业平均水平有较大差异。中水渔业表示："公司近期股票交 易异常波动，可能存在非理性交易行为，交易风险较大，存在股价大幅上涨后回落的风险。" ...

Core Points - The stock of Kaichuang International (600097) closed at 12.4 yuan on September 16, 2025, marking a 3.25% increase from the previous trading day, with a total market capitalization of 2.988 billion yuan [1] - The company announced its 2025 Articles of Association, detailing its registered capital of 240,936,559 yuan and an indefinite business term [1] - The company’s business scope includes deep-sea fishing, aquaculture, ship equipment sales, warehousing services, information technology services, and import-export operations [1] Corporate Governance - The shareholders' meeting is the company's authority body, responsible for major decisions such as capital increase or decrease, mergers, and amendments to the Articles of Association [1] - The board of directors consists of 9 members, including one chairman and one vice-chairman, with specialized committees for audit, strategy, nomination, and remuneration [1] - The company has established a Party Committee and Discipline Inspection Commission to ensure the leadership role of the Party [1] Profit Distribution - The company prioritizes cash dividends for profit distribution, committing to distribute no less than 10% of the annual distributable profits in cash each year [1] Information Disclosure - The company has designated the Shanghai Stock Exchange website and other platforms as its information disclosure media [1]

Group 1: Company Overview and Performance - Zhongshui Group Ocean Co., Ltd. focuses on deep-sea fishing, covering various sectors including fishing, fishery services, and seafood processing and trade [2] - In the first half of 2025, the company achieved operating revenue of CNY 1,747.42 million, a decrease of 10.66% year-on-year [2] - The total profit for the same period was CNY 139.77 million, an increase of 30.41%, primarily due to increased production in deep-sea fishing and rising prices of certain species [2] - Net profit reached CNY 86.31 million, reflecting a year-on-year growth of 22.12% [2] Group 2: Business Segments and Future Plans - The company’s main business segments include fishing, fishery services, and retail and processing trade, with fishing showing overall positive performance due to increased catch volume [3] - Future plans involve restructuring fishery assets, optimizing the global seafood supply chain, and expanding from fishing to processing, trade, and services [3] - The company aims to enhance technological innovation and integrate it with the fishery industry and food processing [3] Group 3: Financial Health and Strategies - The asset-liability ratio decreased from 73.81% at the end of 2024 to 72.36% in mid-2025, a reduction of 1.45 percentage points [6] - Strategies to lower the asset-liability ratio include improving profitability, managing receivables and inventory, and adjusting the financing structure to increase equity financing [6] Group 4: Shareholder Engagement and Dividends - The company currently does not meet the conditions for dividend distribution according to the relevant regulations [7] - Any future restructuring or financing plans will be disclosed in accordance with the requirements of the Shenzhen Stock Exchange [8]