证券代码：600735 证券简称：ST新华锦 公告编号：2025-072 山东新华锦国际股份有限公司 关于资金占用责令改正进展暨可能被实施 退市风险警示的风险提示公告 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法律责任。 一、资金占用责令改正进展情况 山东新华锦国际股份有限公司（以下简称"公司"）收到中国证券监督管理委员 会青岛监管局（以下简称"青岛证监局"）出具的《关于对山东新华锦国际股份有 限公司、新华锦集团有限公司、张建华采取责令改正措施的决定》（【2025】11 号） （以下简称"《行政监管措施决定书》"），截至 2025 年半年度报告披露日，新华 锦集团有限公司（以下简称"新华锦集团"）及其关联方非经营性占用公司资金余 额 4.06 亿元，所有占用资金应在收到《行政监管措施决定书》之日起六个月内归还。 新华锦集团及其关联方原计划向青岛啤酒股份有限公司出售山东即墨黄酒厂有 限公司的全部股权，股权转让款用以清偿占用的上市公司非经营性资金，目前该交 易已终止。截至本公告披露日，新华锦集团及其关联方尚未归还占用资金。公司正 督促新 ...

Core Insights - The jewelry sector experienced a rise of 0.47% on November 13, with Cuihua Jewelry leading the gains [1] - The Shanghai Composite Index closed at 4029.5, up 0.73%, while the Shenzhen Component Index closed at 13476.52, up 1.78% [1] Market Performance - Cuihua Jewelry (002731) closed at 15.51, with an increase of 2.78% and a trading volume of 169,500 shares, amounting to a transaction value of 262 million yuan [1] - Other notable performers included ST Xinhua Jin (600735) with a 1.91% increase, and Laixitongling (603900) with a 1.71% increase [1] - The overall trading volume and transaction values for various jewelry stocks were detailed, indicating active market participation [1] Fund Flow Analysis - The jewelry sector saw a net outflow of 56.01 million yuan from institutional investors, while retail investors contributed a net inflow of 71.58 million yuan [2] - Specific stocks like Cuihua Jewelry had a net inflow of 18.74 million yuan from institutional investors, despite a net outflow from retail investors [3] - The fund flow data indicates varying levels of investor confidence across different stocks within the jewelry sector [3]

Market Overview - The jewelry sector experienced a decline of 0.47% on November 12, with ST Xinhua Jin leading the drop [1] - The Shanghai Composite Index closed at 4000.14, down 0.07%, while the Shenzhen Component Index closed at 13240.62, down 0.36% [1] Individual Stock Performance - Chao Hong Mu (002345) rose by 2.24% to close at 12.78, with a trading volume of 216,300 shares and a turnover of 280 million yuan [1] - Lao Feng Xiang (600612) saw a slight increase of 0.11%, closing at 46.37, with a trading volume of 19,400 shares and a turnover of approximately 90.25 million yuan [1] - Zhou Da Sheng (002867) remained unchanged at 13.30, with a trading volume of 77,200 shares and a turnover of 103 million yuan [1] - ST Xinhua Jin (600735) led the decline with a drop of 4.99%, closing at 6.28, with a trading volume of 331,500 shares and a turnover of 210 million yuan [2] - Mankalon (300945) fell by 3.33% to 17.98, with a trading volume of 123,100 shares and a turnover of 223 million yuan [2] Capital Flow Analysis - The jewelry sector saw a net outflow of 159 million yuan from institutional investors, while retail investors contributed a net inflow of 188 million yuan [2] - The detailed capital flow for individual stocks indicates that Chao Hong Mu had a net inflow of 9.64 million yuan from institutional investors, while it faced a net outflow of 12.79 million yuan from speculative funds [3] - Mingpai Jewelry (002574) experienced a significant net outflow of 3.76 million yuan from institutional investors, but had a net inflow of 11.72 million yuan from retail investors [3]

Market Overview - The jewelry sector increased by 2.54% on November 10, with Cuihua Jewelry leading the gains [1] - The Shanghai Composite Index closed at 4018.6, up 0.53%, while the Shenzhen Component Index closed at 13427.61, up 0.18% [1] Individual Stock Performance - Cuihua Jewelry (002731) closed at 14.83, up 7.62%, with a trading volume of 324,000 shares and a turnover of 478 million yuan [1] - Mankalon (300945) closed at 18.27, up 5.24%, with a trading volume of 183,300 shares and a turnover of 330 million yuan [1] - ST Xinhua Jin (600735) closed at 6.96, up 4.98%, with a trading volume of 188,700 shares and a turnover of 6.13 million yuan [1] - Other notable performers include Jin Yi Culture (002721) up 4.86%, Chao Hong Ji (002345) up 4.56%, and Cai Zi Co. (605599) up 3.70% [1] Capital Flow Analysis - The jewelry sector saw a net inflow of 71.3 million yuan from institutional investors, while retail investors experienced a net inflow of 10.6 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors showing stronger interest compared to retail investors [2] Detailed Capital Flow for Selected Stocks - Jin Yi Culture (002721) had a net inflow of 48.1 million yuan from institutional investors, but a net outflow of 41.1 million yuan from retail investors [3] - Mankalon (300945) saw a net inflow of 27.5 million yuan from institutional investors, while retail investors had a net outflow of 27.6 million yuan [3] - ST Xinhua Jin (600735) experienced a significant net inflow of 22.5 million yuan from institutional investors, with retail investors also showing a net outflow [3]

Core Viewpoint - The stock price of Shandong Xinhua Jin International Co., Ltd. experienced a significant decline, with a cumulative drop of over 12% over three consecutive trading days, indicating abnormal trading fluctuations as per the Shanghai Stock Exchange regulations [2][5]. Group 1: Stock Price Fluctuations - The company's stock price fell by more than 12% cumulatively on November 5, 6, and 7, 2025, which is classified as an abnormal trading fluctuation [2][5]. - The company conducted a self-examination and inquired with its controlling shareholder and actual controller, confirming that there are no undisclosed significant information as of the announcement date [2][6][7]. Group 2: Operational Status - The company reported that its production and operational status is normal, with no significant changes in daily operations [6]. - There are no undisclosed major events, including asset restructuring, share issuance, acquisitions, or other significant business activities [7][10]. Group 3: Financial Performance - The company reported a net profit attributable to shareholders of -133.78 million yuan for 2024, a decrease of 354.59% compared to 2023, and a net profit of 16.44 million yuan for the first three quarters of 2025, down 60.93% year-on-year [12]. Group 4: Shareholder Risks - The controlling shareholder and its concerted actors hold a total of 185,596,152 shares, accounting for 43.28% of the total shares, with 184,920,000 shares pledged, representing 99.64% of their holdings [13]. - Judicially frozen shares amount to 676,152, while marked shares total 184,920,000, indicating significant risks related to share pledges and judicial actions [4][14]. Group 5: Regulatory Risks - The company has received an administrative regulatory decision from the Qingdao Securities Regulatory Bureau regarding non-operating fund occupation, with a balance of 406 million yuan. Failure to rectify this within six months may lead to stock suspension and potential delisting [15]. - A planned sale of shares to repay occupied funds has been terminated, and the controlling shareholder is seeking alternative funding solutions [16].

证券代码： 600735 证券简称：ST新华锦 公告编号：2025-071 山东新华锦国际股份有限公司 股票交易异常波动公告 。 重要内容提示： ●山东新华锦国际股份有限公司（以下简称"公司"）股票价格于2025年11月5 日、11月6日、11月7日连续三个交易日内收盘价格跌幅偏离值累计超过12%，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。 ●经公司董事会自查及发函问询控股股东、实际控制人，截至本公告披露日，公 司不存在应披露而未披露的重大信息。 ●相关风险提示： 关联方清偿占用资金计划发生重大变化的风险：控股股东与新华锦集团有限公 司原计划向青岛啤酒股份有限公司出售山东即墨黄酒厂有限公司全部股权，股权转 让款用以清偿占用的上市公司非经营性资金，目前该交易已终止。 公司控股股东及其一致行动人股份质押风险：截至本公告披露日，公司控股股东 及其一致行动人合计持有公司股份185,596,152股，占公司股份总数的43.28%，累计质 押公司股份184,920,000股，占其持股总数的99.64%，占公司股份总数的43.13%。公司控 股股东及其一致行动人股份质押比例较高。 公司控股股东及其一致行动 ...

Market Overview - The jewelry sector experienced a decline of 0.46% on November 6, with ST Xinhua Jin leading the drop [1] - The Shanghai Composite Index closed at 4007.76, up 0.97%, while the Shenzhen Component Index closed at 13452.42, up 1.73% [1] Individual Stock Performance - Chao Hong Ji (002345) closed at 12.05, with a slight increase of 0.33% and a trading volume of 117,600 shares, totaling 141 million yuan [1] - Zhou Dazheng (002867) closed at 13.19, up 0.15%, with a trading volume of 46,600 shares, amounting to 61.56 million yuan [1] - China Gold (600916) closed at 8.25, with a 0.12% increase and a trading volume of 136,700 shares, totaling 113 million yuan [1] - Lao Feng Xiang (600612) closed at 46.18, down 0.02%, with a trading volume of 13,600 shares, totaling 62.60 million yuan [1] - Mingpai Jewelry (002574) closed at 5.80, down 0.51%, with a trading volume of 64,100 shares, totaling 37.15 million yuan [1] Capital Flow Analysis - The jewelry sector saw a net outflow of 99.04 million yuan from institutional investors, while retail investors contributed a net inflow of 66.17 million yuan [2] - Zhou Dazheng (002867) had a net inflow of 3.59 million yuan from institutional investors, but a net outflow of 5.27 million yuan from retail investors [2] - China Gold (600916) experienced a net inflow of 3.35 million yuan from institutional investors, with a net outflow of 4.03 million yuan from retail investors [2] - The stock with the highest net outflow from institutional investors was Yingna Tongling (603900), with a net outflow of 6.90 million yuan [2]

Core Points - The Shanghai Composite Index closed at 3960.19 points with a decline of 0.41% on November 4, while the Shenzhen Component Index and the ChiNext Index fell by 1.71% and 1.96% respectively [1] - A total of 1949 stocks saw an increase in average transaction volume, with 47 stocks experiencing a rise of over 50% [1] - Notable stocks with significant increases in transaction volume include Moen Electric, Luopus Gold, and Hanjian Heshan, among others [1] Transaction Volume Highlights - Moen Electric (002451) had a daily increase of 10.03% with an average transaction volume of 3517 shares, showing a remarkable increase of 421.04% [1] - Luopus Gold (002333) also increased by 10.02% with an average transaction volume of 2971 shares, reflecting a 235.83% rise [1] - Hanjian Heshan (603616) rose by 10.09% with an average transaction volume of 2786 shares, marking a 228.39% increase [1] Transaction Count Highlights - ST Fuhua (600624) recorded a transaction count increase of 2336.18% with 22218 transactions, despite a slight decline of 0.32% in stock price [2] - *ST Aowei (002231) saw a 1367.99% increase in transaction count with 8896 transactions, while its stock price rose by 0.88% [2] - ST Xinhua Jin (600735) had a transaction count increase of 1362.33% with 34862 transactions, with a minor price increase of 0.13% [2] Stocks with Significant Increases in Both Volume and Count - Bofei Electric (001255) had a daily increase of 10.01%, with an average transaction volume of 908 shares (194.55% increase) and a transaction count of 5309 (55.46% increase) [3] - *ST Baoying (002047) increased by 4.95%, with an average transaction volume of 9153 shares (182.43% increase) and a transaction count of 661 (196.41% increase) [4] - Zhongmin Energy (002047) rose by 9.96%, with an average transaction volume of 2935 shares (141.43% increase) and a transaction count of 26089 (118.24% increase) [4]

New Stock Issuance - Multiple new stock issuances are scheduled for November 4, 2025, across various companies, including ST Zhongdi (000609) and Pingtan Development (000592) which reported significant abnormal fluctuations[1] - Jiangbolong (301308) and Xiangnong Xinchuan (300475) are among the companies with recent announcements prior to November 4, 2025[1] Abnormal Fluctuations - Pingtan Development (000592) reported severe abnormal fluctuations on November 4, 2025, indicating potential volatility in its stock performance[1] - Other companies such as ST Panda (600599) and ST Huapeng (603021) also reported abnormal fluctuations on the same date, suggesting a trend of instability in the market[1] Market Trends - The report highlights a growing trend of companies experiencing abnormal stock price movements, which may indicate increased market volatility and investor caution[1] - The presence of multiple companies with abnormal fluctuations could signal a broader market trend that investors should monitor closely[1]

Market Overview - A-shares experienced a decline in the morning session, with the Shanghai Composite Index down by 0.19%, Shenzhen Component down by 1.27%, and ChiNext down by 1.51% [2][4] - The total trading volume in the Shanghai and Shenzhen markets was 1.22 trillion yuan, a decrease of 164.8 billion yuan compared to the previous trading day [4] Sector Performance - The banking sector showed strong performance, with all bank stocks rising. Notable increases included China Merchants Bank up by 2.92% and Industrial Bank up by over 3% [7][8] - The insurance sector also saw gains, with major companies like China Life and New China Life rising over 1% [11][12] - Conversely, the gold sector faced a collective downturn, with stocks like Shengda Resources dropping over 5% and several others declining by more than 3% [19][21] - The innovative drug sector experienced significant declines, with stocks like Changshan Pharmaceutical falling by 17.09% [24][27] Banking Sector Details - Major banks such as Agricultural Bank of China and Industrial and Commercial Bank of China saw their stock prices increase, with market capitalizations of 27,792 billion yuan and 26,792 billion yuan respectively [8] - The overall performance of the banking sector reflects a positive sentiment in the market, contrasting with other sectors [6][7] Insurance Sector Insights - The five major A-share listed insurance companies reported a total revenue of 23,739.81 billion yuan for the first three quarters of 2025, marking a year-on-year growth of 13.6% [13] - The net profit attributable to shareholders reached 4,260.39 billion yuan, representing a 33.5% increase year-on-year, indicating a strong operational performance [13] Gold Sector Analysis - The gold sector is experiencing a downturn, with several companies reporting significant declines in stock prices. For instance, Zhongjin Gold fell by 3.57% and Shandong Gold by 3.28% [20][21] - Despite the drop in stock prices, some gold jewelry brands have reported an increase in domestic gold jewelry prices, with prices reaching 1,265 yuan per gram [23] Innovative Drug Sector Developments - The innovative drug sector is facing challenges, with several companies reporting substantial stock price declines. For example, Heng Rui Medicine fell by over 1.15% [25][26] - The recent national medical insurance negotiations introduced a new mechanism for commercial insurance innovative drug directories, which may alleviate some financial pressures on high-value innovative drugs [31]