Core Viewpoint - The controlling shareholder of Baichuan Energy, Baichuan Asset Management Co., Ltd., plans to reduce its stake in the company due to funding needs, with a maximum reduction of 40,225,644 shares, representing 3% of the total share capital [1] Group 1: Shareholding Details - Baichuan Asset Management currently holds 474,273,984 shares, accounting for 35.37% of the total share capital [1] - Together with its concerted parties, Baichuan Asset Management holds a total of 694,423,644 shares, which is 51.79% of the total share capital, all of which are tradable shares without restrictions [1] Group 2: Reduction Plan - The reduction plan includes selling up to 13,408,548 shares through centralized bidding and up to 26,817,096 shares through block trading [1] - Based on the closing price of 4.37 yuan on January 5, the estimated cash amount from this reduction is approximately 176 million yuan [1] Group 3: Historical Reduction - Since the first reduction on November 13, 2024, Baichuan Asset Management has cumulatively reduced its holdings by 38,334.5 thousand shares, realizing approximately 13.84 million yuan [2]

Core Viewpoint - ST Yifei (688646.SH) announced a share reduction plan by its shareholder, Guangzhou Yipo New Energy Industry Investment Management Co., Ltd., due to funding needs, intending to reduce up to 1,458,422 shares, representing 1.53% of the total share capital [1] Group 1: Share Reduction Plan - The shareholder plans to reduce shares through centralized bidding and block trading, with the reduction period starting 15 trading days after the announcement for centralized bidding and 3 trading days after for block trading [1] - As of the announcement date, Yipo New Energy holds 1,458,422 shares, which were acquired before the company's initial public offering and will be tradable from July 29, 2024 [1] Group 2: Financial Implications - Based on the closing price of ST Yifei at 35.87 yuan on January 5, the estimated cash amount from this reduction is approximately 52.31 million yuan [1] - Yipo New Energy initially held 5.2382 million shares, representing 5.50% of the total share capital, and has cumulatively reduced 3.7798 million shares since October 9, 2024, realizing approximately 121 million yuan in cash [1][2] Group 3: Initial Public Offering Details - ST Yifei raised a total of 1.113 billion yuan in its initial public offering, with a net amount of 992.1 million yuan, exceeding the original plan by 52.48 million yuan [3] - The funds raised are intended for projects including the third phase of the Yifei Laser Lithium Battery Laser Intelligent Manufacturing Equipment project and the construction of a precision laser welding and intelligent equipment research center [3] - The total issuance costs for the public offering amounted to 121.31 million yuan, with underwriting fees constituting a significant portion [3]

Core Viewpoint - The company, Haopeng Technology, has announced a plan to issue A-shares to specific investors, aiming to raise up to 800 million yuan for battery construction projects, including energy storage and steel shell lithium batteries [1][2]. Group 1: Share Issuance Details - The share issuance will target no more than 35 specific investors, including qualified institutional and individual investors [1]. - The issuance price will not be lower than 80% of the average stock price over the 20 trading days prior to the pricing date [1]. - The total number of shares to be issued will not exceed 30% of the company's total shares before the issuance, capped at 2,998,290 shares [2]. Group 2: Fund Utilization - The total investment for the energy storage battery project is 44,728.50 million yuan, with 40 million yuan expected to be raised from this issuance [3]. - The total investment for the steel shell lithium battery project is 41,840.17 million yuan, also with 40 million yuan expected to be raised [3]. - The combined total investment for both projects is 86,568.67 million yuan, with the issuance aimed at raising a maximum of 80 million yuan [3]. Group 3: Shareholder Structure - As of the announcement date, the controlling shareholder, Pan Dangyu, holds 20.20% of the company’s shares, which will decrease to 15.54% post-issuance [4]. - The issuance will not change the company's control, as individual subscription amounts from related parties cannot exceed 5% of the total shares before the issuance [4]. Group 4: Previous Fundraising Activities - The company previously issued convertible bonds, raising a total of 1.1 billion yuan, with a net amount of approximately 1.08 billion yuan after deducting issuance costs [5]. - The company went public on September 5, 2022, raising approximately 1.04 billion yuan from its IPO, with a net amount of about 943.36 million yuan [6]. Group 5: Financial Performance - For the third quarter of 2025, the company reported a revenue of 1.63 billion yuan, a year-on-year increase of 10.95%, and a net profit of 78.45 million yuan, up 56.58% [7][8]. - Year-to-date revenue reached 4.39 billion yuan, reflecting a 16.06% increase, while the net profit surged by 125.90% to 175.16 million yuan [7][8].

Group 1 - The railway New Year holiday transportation from December 31, 2025, to January 4, 2026, was successfully completed, with the Beijing Railway Bureau sending 6.481 million passengers, an increase of 749,000 passengers or 13.1% year-on-year, averaging 1.296 million passengers per day [1] - On the peak day of January 1, 2026, 1.579 million passengers were sent, an increase of 201,000 passengers or 14.6% year-on-year [1] - The Beijing area saw 2.754 million passengers sent, an increase of 345,000 passengers or 14.3% year-on-year, with a peak day of 796,000 passengers on January 1, up 121,000 passengers or 18% year-on-year [1] Group 2 - The Beijing Railway Bureau arranged for additional train services, including 659 extra passenger trains, to meet travel demand, particularly focusing on popular destinations such as Shenyang, Harbin, Zhengzhou, Qingdao, Hohhot, Zhangjiakou, and Shijiazhuang [1] - The Taizicheng Station and Chongli Station coordinated with nearby ski resorts to manage passenger flow and provide convenient shuttle services for skiing tourists [1] - During the New Year holiday, various trains conducted cultural activities to enhance passenger experience, including themed events like "Welcoming the New Year, Sending Blessings" and "New Year Tribute" [2]

本次交易尚处于筹划阶段，初步确定的交易对方为上海肖克利的部分股东，包括陶涛、程家芸、上海昱 跃企业管理中心(有限合伙)、江苏新纪元半导体有限公司；富士德中国的部分股东，包括RJM Co.,Limited；时擎智能的部分股东，包括蒋寿美、于欣、Timesilicon Holding Inc.、上海创载电子科技合 伙企业(有限合伙)、上海创戢企业管理合伙企业(有限合伙)、智硅半导体科技(上海)有限公司。标的资产 其余股东的交易意向尚未确定，最终确定的交易对方以公司后续公告的重组预案或重组报告书披露的信 息为准。 中国经济网北京1月6日讯盈方微（000670）(000670.SZ)今日披露公告称，公司正在筹划以发行股份和/ 或支付现金相结合的方式购买资产并募集配套资金的事项。 公司拟以发行股份和/或支付现金相结合的方式购买标的资产的控股权并募集配套资金。本次交易目前 尚存在不确定性，具体交易方式、交易方案以后续公告的重组预案或重组报告书中披露的信息为准。本 次交易预计构成重大资产重组，不构成关联交易，不构成重组上市。 本次交易标的资产为上海肖克利信息科技股份有限公司(简称"上海肖克利")、FIRST TECHNOL ...

审议意见 截至招股说明书签署之日，吴永宽直接持有公司53.1291%的股份，为公司控股股东；吴永宽通过 舟山恒晨间接控制公司4.8387%的股份；吴永宽之配偶沈燕儿直接持有公司35.4194%的股份；吴永宽和 沈燕儿合计控制公司93.3872%的股份，为公司的实际控制人。 晨光电机拟在北交所上市，拟向不特定合格投资者公开发行股票不超过20,666,667股，拟募集资金 52,029.61万元，用于"高速电机、控制系统及电池包扩能建设项目"和"研发中心建设项目"。 中国经济网北京1月6日讯 北京证券交易所上市委员会2026年第1次审议会议于2026年1月5日上午召 开，审议结果显示，舟山晨光电机股份有限公司（简称"晨光电机"）符合发行条件、上市条件和信息披 露要求。这是2026年过会的第1家企业。 审议会议提出问询的主要问题 晨光电机的保荐机构为国金证券股份有限公司，保荐代表人为罗永胜、张培。这是国金证券今年保 荐成功的第1单IPO项目。 1.关于业绩稳定性。请发行人结合报告期内主要客户合作情况、公司销售策略、新客户采购策略、 下游市场需求变化，说明发行人与主要竞争对手相比核心竞争力的具体体现，是否存在主要客户 ...

中国经济网北京1月6日讯 宝泰隆(601011.SH)近日发布关于控股孙公司重大诉讼事项进展公告。 3、赛鼎工程有限公司于本判决生效之日起三十日内采取有效措施解决浙江省特种设备科学研究院 鉴定意见第十一条鉴定意见确定的设计缺陷问题； 4、赛鼎工程有限公司于本判决生效之日起三十日内向双鸭山龙煤天泰煤化工有限公司支付赔偿金 3,495,000元； 宝泰隆公告称，公司控股孙公司双鸭山龙煤天泰煤化工有限公司（简称"龙煤天泰"）于2025年12月 30日收到中华人民共和国最高人民法院（简称"最高法院"）送达的《民事判决书》（2023）最高法民终 416号。 赛鼎工程有限公司（简称"赛鼎公司")与龙煤天泰公司建设工程施工合同纠纷一案，黑龙江省高级 人民法院于2018年8月8日立案受理。 诉讼过程中，龙煤天泰公司针对赛鼎公司支付合同价款等诉请进行了答辩，提出赛鼎公司未按合同 约定义务向龙煤天泰公司交付合格工厂，其主张全额支付合同价款条件不成就。涉案项目存在严重的设 计缺陷和质量问题，并提出对涉案项目设计缺陷和质量问题作司法鉴定的申请，黑龙江省高级人民法院 依法委托浙江省特种设备科学研究院进行了司法鉴定。2021年12月19 ...

Core Viewpoint - Zhongheng Electric (002364.SZ) announced that its actual controller, Zhu Guoding, received a criminal judgment from the Hangzhou Intermediate People's Court, indicating legal issues related to market manipulation [1][2]. Group 1: Legal Proceedings - Zhu Guoding was sentenced to three years in prison, with a four-year probation, and fined 1 million RMB for the crime of manipulating the securities market [2]. - The case has been ongoing since August 2020, when the company disclosed that Zhu was under investigation by the China Securities Regulatory Commission for suspected stock price manipulation [1][2]. Group 2: Shareholder Information - As of September 30, 2025, major shareholders include Hangzhou Zhongheng Technology Investment Co., Ltd. with 200,389,724 shares (35.905% of circulating shares) and Shanghai Pudong Development Bank's fund with 9,432,900 shares (1.690%) [3]. - Other significant shareholders include Shenzhen Zhanbo Investment Management Co., Ltd. with 5,374,584 shares (0.963%) [3].

Core Viewpoint - Zhongheng Electric (002364) announced that its actual controller, Zhu Guoding, received a criminal judgment from the Hangzhou Intermediate People's Court, indicating legal issues related to market manipulation [1][2]. Group 1: Legal Proceedings - Zhu Guoding was sentenced to three years in prison, with a four-year probation, and fined 1 million RMB for the crime of manipulating the securities market [2]. - The company had previously disclosed various announcements regarding Zhu Guoding's legal troubles, including an investigation by the China Securities Regulatory Commission and measures taken by public security [1]. Group 2: Shareholder Information - As of September 30, 2025, the major shareholders of Zhongheng Electric include Hangzhou Zhongheng Technology Investment Co., Ltd. with 35.905% of circulating shares, and Zhu Guoding with 4.604% [2][3]. - Other significant shareholders include Shanghai Pudong Development Bank's fund and Shenzhen Zhanbo Investment Management Co., Ltd.'s fund, holding 1.690% and 0.963% of circulating shares, respectively [3].

Core Viewpoint - Since the "14th Five-Year Plan," China's water conservancy sector has made significant strides in modernizing water management, enhancing flood control, and improving ecological restoration, thereby ensuring water security and supporting economic development [1][6][7]. Group 1: Infrastructure Development - Over the past five years, China has invested over 5.6 trillion yuan in water conservancy infrastructure, initiating 181 major projects, optimizing the layout and functionality of water infrastructure, and creating the world's largest and most comprehensive water management system [3][6]. - The national water network coverage has reached 80.3%, with irrigated farmland area at 10.9 million hectares, and rural tap water coverage at 96%, providing robust support for food security and urban-rural living standards [6][10]. Group 2: Disaster Prevention and Ecological Restoration - China has successfully managed floods from 4,136 rivers and effectively addressed severe droughts in major river basins, reducing flood and drought-related economic losses from 0.28% to 0.18% of GDP [6][9]. - Significant ecological restoration efforts have led to the revival of historically dried rivers, improving the quality and stability of aquatic ecosystems [6][22]. Group 3: Digital Transformation - The integration of digital technologies in water management has advanced, with the establishment of a digital twin water management system that enhances monitoring and predictive capabilities, significantly improving flood risk management [7][20]. - Key projects like the Three Gorges and South-to-North Water Diversion have implemented digital twin technologies, contributing to more efficient water resource management [20][21]. Group 4: Legal and Institutional Framework - The establishment of laws and regulations, such as the Yangtze River Protection Law and the Yellow River Protection Law, has strengthened the governance of water resources, with 1.2 million river and lake chiefs ensuring ecological protection [6][23]. - A comprehensive network for river and lake management has been developed, addressing illegal activities and enhancing the effectiveness of water resource governance [23]. Group 5: Agricultural Water Management - Agricultural water use efficiency has improved, with the effective utilization coefficient for irrigation water rising to 0.583, and the area of water-saving irrigation reaching 6.38 million hectares [13][14]. - The focus on high-efficiency water use in agriculture is crucial, as agriculture accounts for 60% of total water consumption in China [14]. Group 6: Rural Water Supply - A total of 3.816 million rural water supply projects have been established, creating a network that serves 850 million rural residents, making China a leader in improving rural drinking water conditions [12][11]. - The rural water supply system has been upgraded to ensure safe drinking water for urban and rural populations alike, significantly enhancing living standards [11][12].