山东新华制药股份：2025年中期报告

2 3 6 10 20 24 32 40 41 212 20256 30 1. 2021A7,368,90020251 14 (2)37,091,98820254 14 2. 20256 3076,508H40A76,468 (1)(2)20256 30 1.20256 30(i)37,091,988A5.38%(ii)20,827,800H3.02%99.75%H 2. 3.5% 4.101,824,0001,818,20001,275,3001,275,3001,385,300 5.20256 30571XV23336 3. 3.20256 30571XVXV78352C3 2,255,934.005,978,758.50 20256 30 20256 307,159378,972 0 2018A20235 2021A 202112 3120212021A2021H2021A20211962,315175 A7.96202112 31243648 202212 232022202220212021A2021H2022122635175 A37.53243648 20241 22021A11432021A1961942,3152,27243 20241A194772.487.61 202412 312021A21125.742021A1941901,499.521,473.7825.74 20251A190736.897.335 20256 302021A 1.2021A202112 312,315A7.96Black-Scholes (a)20187 1202112 31 (b)Black-Scholes0% 2,3155.3112,292.642022-2025 202112 30A11.69202112 15 2.2021A202212 26175A37.53Black-Scholes (a)20196 27202212 26 (b)Black-Scholes0% 17516.022,803.512022-2026 202212 23A36.17202112 15 3.2021A243648 4.2021A24 34%2436 33%3648 33%4860 5.1%120.1%A14.9720251 13 6.7.335 7.2021A 2021A 20219,118,9009,118,900A(i)A494,776,535(ii)689,776,5351.84%1.32% 2018A2021A11 2024–– 2021A 20252025382,281 2025 20254,638,804223,7572025 1. 101925 11 2. 211923111OAB-14II1881202412025 3. ® 4. 9140720 1. 32 2622 2. 10 OAB-14II 3. API 4. 7S 20258 26 1. (1)(2)(3)(4)(5) (6)(7)202420257(8)(9) 2. (1) (2) (3)(4)(5)(6) 3. 30% (1)(2)(3)(1)(2) 20256 30126.64%87.66%944.69%=*100%593.06%=*100% 20256 301,449,38820256 301,275,011233032 20256 3078,76222,40210,01725,6862,434 20256 307,1592025378,972 20256 3041.92%=*100% 20256 3028.27%3.40% 2025152,4751.2.3. 202520240.025 (1) (2) (3) (4) (5) 1. 2.20242024 2024682,407,6352024100.25 4. 5. 6. 7.3,15930,2141512 8. 20256 30 9.37,091,988202541420254 102025-19A 12. 15. 16.20254 2720255 15 17.20256 30 18.2021A736.8920251 1420251 920251 10(www.cninfo.com.cn) 19. 20. 21.20253 312025-17 22.20241275%202412 9 23.20256 30 20256 306C1 3.21 20256 306 20256 306 17.03(F)17.06B(7)(8) 3.10(1)3.10(2)3.10A2024 20256 306 20256 30 20256 30 20251-6 20251-6 20251-6 20251-6 20251-6 20251-6 20251-6 . 1993199612H19977A19981120019A3,000300457,312,830.00 201792A21,040,59111.1521,040,591.00 201872017143,506,026621,859,447621,859,447.00 202012 282018AA184550.8020211 195,508,000.00 202112 282018AA178516.7820221 135,167,800.00 202231A37,091,9886.7437,091,988.00 202212 282018AA173505.5620231114,260,300.0020235 9795,300.005,055,600.00 202312 312021AA194772.4820241 157,724,800.00 202412 312021AA190736.8920251 147,368,900.00 20256 30689,776,535.00 1 . 152023 . 161926 1. 20256 302025 2. 111231 3. 12 4. 5. 6. (1) (2) (3) 7. (1) (2) (3) (4) 8. (1) A.B.C. DE (2) 9. 10. (1) (2) 11. (1) (2) • • •• (3) (4) (5) 31 (6) •••14 • • 12 12 121212 500 12 121212 •••• 30 ••••• (7) (8) 12. 11 13. (1) (2) (3) (4) (5) 14. (1) (2) 22 22 (3) 20%20%50%20% (4) 20 15. 20 16. (1) (2) (3)20 (4) (5) 17. 18. (1) (2) 3 (3) 19. (1) 5 20 (2) III 20. 21. 22. 23. (1) (2) (3) 123 (4) (5) 24. (1)(2)(3) 25. (1) (2) ABCDEF (3) (4) 26. (1) (2) 27. 28. 1 29. (1) (2) (1) (2) (1) (2) 30. (1) (2) 13 20 12 (3) 2223 22 31. 32. 202211 21{[2022]136}[2012]16 11,0004.50%21,00010,0002.25%310,000100,0000.55%4100,0000.20% 33. (1)(2) . 1. 2. (1) 202312 7GR202337005178GR202337005744315%202515% 202412 7GR202437002139315%202515% 202212 12GR202237003571315%202515% 202311 29GR202337001341GR202337001830315%202515% 2023610025%20%202312202712 31 (2) 202214 202343202311202712 315% . 202412 312025630202511630202411630 1. 2. 1 3. (1) 4. (1) (2) 5. (1) (2) 14,176,481.1229.09% 6. (3) 12 33 7. (1) 8. (3) 9. 39,801,222.5143,254,423.013,883,359.233,148,803.4718,670.3032,180.2243,703,252.0446,435,406.70 10. 11. 12. . 1.2.(1)(2)3.(1)(2)4. 79,597,063.27 79,597,063.27 . 1.47,799,958.582.1,583,111.97(1)1,583,111.97(2) 3.(1)(2)4. 49,383,070.55 . . 30,213,992.7231,797,104.69 1.2. 1,583,111.971,574,294.89 (1)10-50 (2) (3) 13. (1) . 1.2,412,236,866.534,847,324,460.1834,368,983.51257,303,385.797,551,233,696.012.147,401,860.84112,954,110.12766,912.5419,451,547.67280,574,431.17(1)24,329,812.17766,912.544,925,168.6130,021,893.32(2)147,401,860.8488,624,297.9514,526,379.06250,552,537.853.1,415,476.0012,923,468.10437,943.7438,086.4114,814,974.25(1)1,415,476.0012,923,468.10437,943.7438,086.4114,814,974.254.2,558,223,251.374,947,355,102.2034,697,952.31276,716,847.057,816,993,152.93 . 1.1,131,802,864.942,695,567,742.3428,712,660.87171,387,428.934,027,470,697.082.61,557,341.33167,443,553.24821,772.6918,641,495.31248,464,162.57(1)61,557,341.33167,443,553.24821,772.6918,641,495.31248,464,162.57(2)3.1,027,625.6412,247,063.39177,650.2334,036.6913,486,375.95(1)1,027,625.6412,247,063.39177,650.2334,036.6913,486,375.954.1,192,332,580.632,850,764,232.1929,356,783.33189,994,887.554,262,