更为引人注目的是，由此节余的9.5亿元募集资金，将用于永久补充公司的流动资金。 从宏伟蓝图到"刹车"，背后是该项目近年来缓慢的建设进度和远不及预期的产出。公司在公告中解释 称，市场竞争加剧、下游需求放缓是此次调整的主要原因。然而，回溯该项目的发展历程，其早已因进 展缓慢、产出甚微等问题而备受市场关注，并曾因此收到监管部门的警示。 9.5亿元募资改道补充流动资金 2020年8月，露笑科技与合肥市长丰县人民政府签署《战略合作框架协议》，拟在长丰县共同投资建设 第三代功率半导体（碳化硅）产业园，主要建设国际领先的第三代功率半导体（碳化硅）的设备制造、 长晶生产、衬底加工、外延制作等产业链的研发和生产基地。项目总投资100亿元，其中一期投资21亿 元。 曾被寄予厚望的百亿元级碳化硅项目，如今正被露笑科技（SZ002617）大幅"瘦身"。 1月16日晚间，露笑科技发布公告，宣布一项重大调整：公司拟将"第三代功率半导体（碳化硅）产业园 项目"的募集资金计划投资总额，从19.4亿元大幅下调至9.9亿元，削减幅度接近一半。 事实上，这次投资规模的大幅削减并非毫无征兆。梳理公开信息不难发现，这个明星项目的建设进度一 直远低于预 ...

每经记者｜朱成祥 每经编辑｜段炼 董兴生 曾被寄予厚望的百亿元级碳化硅项目，如今正被露笑科技（SZ002617）大幅"瘦身"。 1月16日晚间，露笑科技发布公告，宣布一项重大调整：公司拟将"第三代功率半导体（碳化硅）产业园项目"的募集资金计划投资总额，从19.4亿元大幅 下调至9.9亿元，削减幅度接近一半。 更为引人注目的是，由此节余的9.5亿元募集资金，将用于永久补充公司的流动资金。 从宏伟蓝图到"刹车"，背后是该项目近年来缓慢的建设进度和远不及预期的产出。公司在公告中解释称，市场竞争加剧、下游需求放缓是此次调整的主要 原因。然而，回溯该项目的发展历程，其早已因进展缓慢、产出甚微等问题而备受市场关注，并曾因此收到监管部门的警示。 9.5亿元募资改道补充流动资金 2020年8月，露笑科技与合肥市长丰县人民政府签署《战略合作框架协议》，拟在长丰县共同投资建设第三代功率半导体（碳化硅）产业园，主要建设国 际领先的第三代功率半导体（碳化硅）的设备制造、长晶生产、衬底加工、外延制作等产业链的研发和生产基地。项目总投资100亿元，其中一期投资21 亿元。 对于这笔高达9.5亿元的节余募集资金，露笑科技计划将其用途变更为 ...

致：香港交易及結算所有限公司 公司名稱: GBA 集團有限公司 呈交日期: 2026年1月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00261 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 15,000,000,000 | HKD | | 0.2 | HKD | | 3,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 15,000,000,000 | HKD | | 0.2 | HKD | | 3,000,000,000 | 本月底法定/註冊股本總額： HKD 3,000,000,000 FF301 第 1 頁 共 11 頁 v 1.1.1 股份發行人及根據《上 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | | | 致：香港交易及結算所有限公司 公司名稱: GBA 集團有限公司 呈交日期: 2025年12月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00261 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 15,000,000,000 | HKD | | 0.2 | HKD | | 3,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 15,000,000,000 | HKD | | 0.2 | HKD | | 3,000,000,000 | 本月底法定/註冊股本總額： HKD 3,00 ...

Core Viewpoint - The completion of the highway renovation project in Kazakhstan, undertaken by China CITIC Construction Co., marks a significant achievement in the China-Kazakhstan cooperation under the Belt and Road Initiative, enhancing regional transportation and logistics efficiency [1] Project Overview - The project involves two national highways with a total length of 1,130 kilometers, designed for a speed of 120 kilometers per hour, connecting key cities such as Jetyssu and Ust-Kamenogorsk, as well as the capital Astana and the largest city Almaty [1] - The highways will also link major cities to tourist destinations like Lake Alakol and Lake Balkhash, serving as core routes in Kazakhstan's road transportation network [1] Construction Timeline and Impact - Construction of the highways began in 2018 and 2019, with the project teams from China and Kazakhstan overcoming various challenges to achieve completion by the end of 2024 [1] - The project is expected to significantly improve transportation logistics efficiency in the region and provide more convenient travel for local residents [1] Employment and Skill Development - During the construction phase, the project created job opportunities and trained a number of professionals, including civil engineers and machinery operators, contributing to the development of Kazakhstan's highway construction industry [1]

Core Viewpoint - The company, Dongfang Precision, plans to sell its corrugated cardboard production line business, including the Italian Fosber Group, for a total of €774 million in cash, marking a significant asset restructuring move [2][4][6]. Transaction Details - The transaction involves the sale of 100% equity in Fosber S.p.A. and its subsidiaries, Fosber Asia, and Tirua Asia to Foresight US BidCo, Inc. and Foresight Italy BidCo S.p.A. [3][6]. - The core asset, Fosber Group, has a base price of €637 million, which represents a more than sevenfold increase from the approximately €74 million acquisition cost [4][9]. Financial Impact - The assets being sold account for 39.66% of the company's total assets, 30.23% of net assets, and 30.23% of operating revenue for 2024, indicating a substantial impact on the company's financial structure [6][7]. - The total assets of the target company are €298.59 million, while the listed company has total assets of €752.86 million, highlighting the scale of the transaction [7]. Strategic Rationale - The company aims to optimize resource allocation and focus on domestic development in technology and new productivity sectors, responding to national strategic directives [10][12]. - The sale is viewed as a strategic choice rather than a simple divestment, intended to maximize shareholder value and support the company's transition towards new productivity sectors [12]. Future Focus - Post-transaction, the company will continue to operate in printing packaging, water propulsion equipment, industrial internet solutions, and digital printing equipment, ensuring stable revenue and profit streams [13]. - The company plans to enhance its core platform, Baisheng Power, in the outboard motor industry, which has a global market size exceeding ¥100 billion, with a focus on high-power, high-efficiency, and low-emission products [12][13].

Core Viewpoint - The company, Dongfang Precision (002611), plans to sell 100% equity of its corrugated cardboard production line business, including the Italian Fosber Group, for a cash transaction amounting to €774 million, marking a significant increase in asset value since its acquisition [1][3][6]. Group 1: Transaction Details - The transaction involves the sale of Fosber S.p.A. and its subsidiaries, Fosber Asia, and Tiruña Asia, with a core asset price of €637 million, which is over seven times the initial acquisition cost of approximately €74 million [2][6]. - The assets being sold represent 39.66% of the company's total assets, 30.23% of net assets, and 30.23% of operating income for 2024, indicating a major asset restructuring [3][4]. Group 2: Strategic Rationale - The decision to sell is part of a strategic shift to optimize resource allocation and focus on domestic development in technology and new productivity sectors, responding to national strategic directives [7][8]. - The company aims to enhance its competitive advantage in strategic emerging industries, particularly in the marine power equipment sector, which has a global market size exceeding ¥100 billion [8]. Group 3: Future Outlook - Post-transaction, the company will retain significant operations in printing packaging, marine power equipment, industrial internet solutions, and digital printing equipment, ensuring stable revenue and profit growth [9]. - The company plans to increase R&D investment in high-power outboard motors and electric outboard motors, aiming to upgrade its product offerings towards higher efficiency and lower emissions [8].

Core Viewpoint - The company plans to sell 100% equity of Fosber Group, Fosber Asia, and Tiruña Asia to Foresight US and Foresight Italy for a total base price of €774 million, marking a strategic shift to divest from corrugated cardboard business and increase investment in emerging industries [2][3] Group 1: Transaction Details - The transaction involves the sale of three companies, with Fosber Group valued at €637 million, Fosber Asia at €125 million, and Tiruña Asia at €12.036 million, plus additional interest and deductions for losses [2] - The deal includes a contingent consideration of up to €25 million based on the gross profit and gross margin of the target group from August 2025 to December 2026 [2] - The transaction is subject to approval from the company's board, shareholders, and various international regulatory bodies [2] Group 2: Financial Impact - The target companies are expected to generate an unaudited revenue of ¥3.211 billion in 2024, accounting for 67.2% of the company's revenue during the same period [3] - Proceeds from the sale will enhance the company's financial strength and support investments in new productive capacities [3] Group 3: Strategic Focus - Post-transaction, the company will focus on increasing investment in its subsidiary, Baisheng Power, which has achieved mass production of 300-horsepower gasoline outboard motors, breaking the monopoly of American and Japanese manufacturers [3] - The company aims to concentrate on strategic emerging industries in manufacturing, including industrial internet and digital printing equipment upgrades [3] - This divestment is part of the company's ongoing strategy since 2020 to promote technological transformation and optimize resource allocation [3]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: 2025年10月31日 | | --- | | 狀態: | | 新提交 | 致：香港交易及結算所有限公司 公司名稱: GBA 集團有限公司 呈交日期: 2025年11月3日 I. 法定/註冊股本變動 本月底法定/註冊股本總額： HKD 3,000,000,000 FF301 第 1 頁 共 11 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00261 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 284,801,678 | | 0 | | 284,801,678 | | 增加 / 減少 (-) | | | | | | | | | 本月底結存 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 狀態: | | --- | | 新提交 | | 截至月份: 2025年9月30日 | 致：香港交易及結算所有限公司 公司名稱: GBA 集團有限公司 呈交日期: 2025年10月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00261 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 15,000,000,000 | HKD | | 0.2 | HKD | | 3,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 15,000,000,000 | HKD | | 0.2 | HKD | | ...