Core Viewpoint - Dongjie Intelligent has undergone a change in its actual controller from the Zibo Municipal Finance Bureau to Han Yongguang, who has also been appointed as the chairman of the company [1][8]. Group 1: Ownership Change - The actual controller change was announced on August 26, with Han Yongguang taking over from the state-owned Zibo Municipal Finance Bureau [1][8]. - The stock of Dongjie Intelligent was suspended from trading starting August 20 and is set to resume trading on August 27, along with the resumption of the convertible bond "Dongjie Convertible Bond" for conversion [3][4]. Group 2: Financial Performance - Dongjie Intelligent reported a turnaround in its financial performance for the first half of 2025, achieving profitability compared to the previous year [2]. Group 3: Market Reaction - As of August 19, Dongjie Intelligent's stock price was 23.03 yuan per share, with a total market capitalization of 10.37 billion yuan. The stock price saw a cumulative increase of 145.78% from July 25 to August 19 [4]. Group 4: New Leadership Background - Han Yongguang, born in 1973, has extensive cross-industry experience and currently holds positions in several companies, including Aobo (Beijing) Intelligent Technology Co., Ltd. and Electric Science North Electronic Technology (Shandong) Co., Ltd. [10][9]. Group 5: Strategic Implications - Han Yongguang is expected to leverage his control over technological and industrial resources to enhance Dongjie Intelligent's existing operations and foster new profit growth points, particularly in the high-end intelligent manufacturing sector [12]. - The ownership change aligns with the current trend of mergers and acquisitions in the A-share market, with over 200 significant asset restructuring events reported since the announcement of "Six Merger Rules" in September 2024 [15].

Core Viewpoint - Dongjie Intelligent has undergone a significant change in its actual controller, shifting from the Zibo Municipal Finance Bureau to individual Han Yongguang, who is also a director at Aobo (Beijing) Intelligent Technology Co., Ltd. The company's stock will resume trading on August 27 [1]. Group 1: Ownership and Control Changes - The controlling shareholder of Dongjie Intelligent, Zibo Jiangtu Hengsong Holdings Co., Ltd., transferred 99% of its fund shares in Zibo Zhanzheng Hongsong Equity Investment Fund Partnership to Hainan Heping Investment Co., Ltd. for a transaction price of 1.62 billion yuan [1]. - Following the transaction, the number of shares held by Zibo Jiangtu in Dongjie Intelligent remains unchanged, but the actual controller has shifted to Han Yongguang [1]. Group 2: New Leadership and Strategic Direction - Han Yongguang, born in 1973 and holding a graduate degree, has a notable background, serving as a director in multiple companies, including Aobo Intelligent and Yijia Oil Intelligent Robotics Co., Ltd. He has received several accolades for his contributions to innovation and economic development in Zibo [5]. - The new actual controller aims to leverage technological and industrial resource advantages to enhance the company's existing operations and develop intelligent solutions for the smart warehousing and logistics industry, thereby creating new profit growth points and expanding into high-end intelligent manufacturing [5]. Group 3: Market Performance - Dongjie Intelligent has been performing well in the A-share market, with its stock price rising significantly from around 8 yuan per share in early July to 23.03 yuan per share before the trading halt on August 19 [6]. - The company has shown strong financial performance, with total revenue of 539 million yuan, a year-on-year increase of 24.90%, and a net profit attributable to shareholders of 5.95 million yuan, reflecting a year-on-year growth of 113.96% [6].

UNITED COMPANY RUSAL, INTERNATIONAL PUBLIC JOINT-STOCK COMPANY 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不對因本公告全部或任何部分內容而產生或因倚賴該等內容 而引致的任何損失承擔任何責任。 （根據澤西法律註冊成立的有限公司並在俄羅斯聯邦存續的國際公司） （股份代號：486） 於二零二五年八月二十五日舉行的 股東特別大會投票結果 United Company RUSAL, international public joint-stock company俄鋁（「本公司」） 宣佈，在本公司於二零二五年八月二十五日舉行的股東特別大會（「股東特別大會」） 上，載於本公司日期為二零二五年八月一日的通函（「該通函」）及股東特別大會通告 的建議決議案已獲本公司股東（「股東」）充分考慮並已提呈以投票方式表決。 除另有說明外，本公告所用詞彙與該通函內所界定者具相同涵義。 於股東特別大會上提呈的決議案投票結果如下。票數和相應的百分比代表參與股東 特別大會人士所持票數13,599,608,6 ...

Core Viewpoint - The company is undergoing a potential change in control due to the planned transfer of 99% of the fund shares held by a significant partner, which may lead to a shift in the actual controller of the company [1][3]. Company Developments - The company has received a notification from its controlling shareholder regarding the potential transfer of shares, which could result in a change of actual control [1]. - Currently, the company is in discussions with interested parties regarding specific transaction plans, but no agreements have been signed yet [3]. - To ensure fair information disclosure and avoid abnormal stock price fluctuations, the company has applied for a trading suspension of its stock and convertible bonds starting August 20, 2025, for up to two trading days [3]. Financial Performance - In 2024, the company reported a revenue of 807.373 million yuan, a year-on-year decrease of 7.41%, and a net loss attributable to shareholders of 257.269 million yuan [4]. - The loss was primarily due to weak demand from some downstream customers, intensified industry competition, and cost overruns on certain projects, leading to reduced main business income and declining gross margins [4]. - Despite significant operational pressure, the company improved its net cash flow from operating activities by 65.19% year-on-year, demonstrating strong risk management capabilities [4]. Market Information - As of August 19, the company's stock closed at 23.03 yuan per share, with a total market capitalization of 10.366 billion yuan [5].

Core Viewpoint - The company Dongjie Intelligent (stock code: 300486) announced a potential change in control due to the planned transfer of 99% of the fund shares held by a limited partner, which may lead to a change in the actual controller of the company [2]. Group 1: Control Change Announcement - Dongjie Intelligent received a notification from its controlling shareholder, Zibo Jiangtu Hengsong Holding Co., Ltd., regarding the potential transfer of shares by Zibo Zhanheng Hongsong Equity Investment Fund Partnership (Limited Partnership) [2]. - The company is currently negotiating with interested parties regarding the specific transaction plan, and no agreements have been signed yet [5]. Group 2: Stock Suspension - To ensure fair information disclosure and avoid abnormal stock price fluctuations, the company applied for a suspension of its stock (stock code: 300486, stock abbreviation: Dongjie Intelligent) and bonds (bond code: 123162, bond abbreviation: Dongjie Convertible Bonds) starting from August 20, 2025, for no more than two trading days [5]. Group 3: Financial Performance - In 2024, Dongjie Intelligent reported a revenue of 807.373 million yuan, a year-on-year decrease of 7.41%, and a net loss attributable to shareholders of 257.2693 million yuan [6]. - The loss was primarily due to weak demand from some downstream customers, intensified industry competition, and cost overruns on certain projects, leading to reduced main business income and declining gross margins [6]. - Despite significant operational pressure, the company improved its net cash flow from operating activities by 65.19% year-on-year, demonstrating strong risk response capabilities [6]. Group 4: Market Information - As of the close on August 19, Dongjie Intelligent's stock price was 23.03 yuan per share, with a total market capitalization of 10.366 billion yuan [7].

Core Viewpoint - Dongjie Intelligent is planning a change in control, which may lead to a change in its actual controller, as announced on August 19 [1][3][6]. Group 1: Control Change Announcement - Dongjie Intelligent's controlling shareholder, Zibo Jiangtu Hengsong Holdings Co., Ltd., is in the process of planning a change in the company's control [1][3]. - The stock and convertible bonds of Dongjie Intelligent will be suspended from trading starting August 20, with an expected suspension period of no more than two trading days [2][5]. - As of August 19, Dongjie Intelligent's stock price was 23.03 yuan per share, with a market capitalization of 10.37 billion yuan [2]. Group 2: Shareholding Structure - Zibo Jiangtu directly holds 29.35% of Dongjie Intelligent's shares, making it the controlling shareholder [6]. - The actual controller of Dongjie Intelligent is currently the Zibo Municipal Finance Bureau [6]. - The change in control may also involve a change in the controlling shareholder, as Zibo Financial Holding Group Co., Ltd. plans to transfer 99% of its fund shares in Zibo Zhanheng Hongsong Equity Investment Fund Partnership [7][9]. Group 3: Financial Performance - Dongjie Intelligent has experienced a decline in performance since Zibo Jiangtu took control in December 2021, with revenues dropping from 1.143 billion yuan in 2022 to 807 million yuan in 2024 [10]. - The net profit attributable to shareholders has also decreased significantly, with losses reported in 2023 and 2024 [10][13]. - The company anticipates further losses in 2024 due to weak demand from downstream customers, intensified industry competition, and cost overruns on certain projects [13].

Core Viewpoint - Dongjie Intelligent (300486) announced a potential change in its actual controller due to the transfer of 99% of the fund shares held by its major shareholder, Zibo Jiangtu Hengsong Holdings Co., Ltd. [1][3] Group 1: Company Structure and Shareholding - Zibo Jiangtu directly holds 29.35% of Dongjie Intelligent's shares, making it the largest shareholder, with the ultimate controller being the Zibo Municipal Finance Bureau [5] - The company is a state-owned listed entity with a professional investment and operation management team, which enhances its core competitiveness [5] Group 2: Recent Developments and Market Reaction - The company is currently in discussions with interested parties regarding the specific transaction plan and related agreements, with no agreements signed yet, indicating uncertainty [3] - Following the announcement of the potential change in control, Dongjie Intelligent's stock price surged, hitting a 20% limit up for three consecutive trading days from July 31 to August 5 [3] - The stock and bonds of Dongjie Intelligent will be suspended from trading starting August 20, 2025, to prevent abnormal price fluctuations, with an expected suspension period of no more than two trading days [3] Group 3: Business Overview - Dongjie Intelligent specializes in comprehensive solutions for "logistics + information flow" intelligent manufacturing, with key products including intelligent production systems, intelligent logistics warehousing systems, and intelligent three-dimensional parking systems [4] - The company aims to create value for shareholders, customers, suppliers, and employees with the support of the Zibo Municipal Finance Bureau and Hengsong Capital [6] Group 4: Stock Performance - Dongjie Intelligent's stock has seen a significant increase, with a cumulative rise of over 220% since June 19, leading to a market capitalization of 9.4 billion yuan [8]

Core Viewpoint - Dongjie Intelligent (300486) announced a potential change in its actual controller due to the transfer of 99% of the fund shares held by its major shareholder, Zibo Jiangtu Hengsong Holdings Co., Ltd. [2] Group 1: Company Announcement - Dongjie Intelligent received a notification from its major shareholder, Zibo Jiangtu, regarding the potential transfer of fund shares that may lead to a change in the company's actual controller [2] - The transfer of shares is currently under negotiation, and no agreements have been signed yet, indicating uncertainty in the matter [5] - The company previously announced on July 30 that the transfer of shares could lead to a change in control, but did not apply for a trading halt at that time [5] Group 2: Stock Performance - Following the announcement, Dongjie Intelligent's stock price surged, with a 20% increase over three consecutive trading days from July 31 to August 5 [5] - To prevent abnormal stock price fluctuations, the company applied for a trading halt starting August 20, 2025, expected to last no more than two trading days [5] Group 3: Company Profile - Dongjie Intelligent specializes in comprehensive solutions for "logistics + information flow" smart manufacturing, with key products including intelligent production systems, smart logistics warehousing systems, and intelligent multi-story parking systems [5] - As of the first quarter report, Zibo Jiangtu directly holds 29.35% of Dongjie Intelligent's shares, making it the largest shareholder, with the ultimate controller being the Zibo Municipal Finance Bureau [6] - The company emphasizes its competitive advantage through its professional and quality major shareholder, which supports technological and management advancements [6] Group 4: Market Data - Dongjie Intelligent's stock has seen a significant increase, with a cumulative rise of over 220% since June 19, bringing its market capitalization to 9.4 billion yuan [8] - As of May 30, the company had approximately 26,700 shareholders [8]

Core Viewpoint - Rusal (00486) reported a mid-term performance for the six months ending June 30, 2025, showing a revenue of $7.52 billion, a year-on-year increase of 32.05%, but a shareholder loss of $87 million compared to a profit of $565 million in the same period last year, indicating a significant shift from profit to loss [1] Revenue Performance - The revenue from primary aluminum and alloy sales increased by $1.369 billion or 29.8% from $4.597 billion in the same period of 2024 to $5.966 billion [1] - This revenue growth was primarily driven by a 21.7% increase in sales volume of primary aluminum and alloys [1] Price and Market Factors - The average aluminum price per ton reported by the London Metal Exchange increased by 7.5%, rising from $2,360 per ton in the same period of 2024 to an average of $2,538 per ton during the reporting period [1] - The weighted average realized aluminum price increased by 6.7%, from $2,447 per ton in 2024 to an average of $2,610 per ton in the current period [1]

Core Viewpoint - Rusal (00486) reported a significant increase in revenue for the six months ending June 30, 2025, but faced a shareholder loss compared to the previous year [1] Financial Performance - Revenue reached $7.52 billion, marking a year-on-year increase of 32.05% [1] - The company reported a shareholder loss of $87 million, a shift from a profit of $565 million in the same period last year [1] - Basic loss per share was $0.0057 [1] Sales and Pricing - Revenue from primary aluminum and alloy sales increased by $1.369 billion or 29.8% to $5.966 billion compared to the same period in 2024 [1] - The increase in revenue was driven by a 21.7% rise in sales volume of primary aluminum and alloys [1] - The average aluminum price per ton rose by 7.5%, from $2,360 in the same period of 2024 to an average of $2,538 [1] - The weighted average realized aluminum price increased by 6.7%, from $2,447 to $2,610 per ton [1]