Core Viewpoint - Shanghai Port Group, in collaboration with Shanghai International Group and other state-owned enterprises, has announced the establishment of Shanghai Guomao Holdings Co., Ltd., with the registration planned in Putuo District, Shanghai. This marks the final stage of the establishment process following government approval [1][4]. Investment Structure - The registered capital of the new company is set at 13 billion RMB, with Shanghai International Group contributing 3 billion RMB for a 23.08% stake, Shanghai Port Group contributing 2 billion RMB for a 15.38% stake, and other state-owned enterprises contributing a total of 8 billion RMB for a 61.54% stake [4][5]. Business Scope - Shanghai Guomao will have a broad operational scope, including investment, information services, trade brokerage, domestic trade agency, import and export business, supply chain management, offshore trade, domestic container cargo transportation agency, port operations, mineral processing, metal ore sales, gas operations, biomass fuel production and supply, wholesale of agricultural products, primary agricultural product procurement, sales of agricultural by-products, and sales of chemical products (excluding licensed chemical products) [4][6]. Strategic Importance - The establishment of Shanghai Guomao is seen as a strategic move to enhance the influence of Shanghai's state-owned enterprises in domestic and international bulk trade. With the backing of Shanghai Port Group, the new entity aims to leverage public terminal resources and logistics supply chain systems to strengthen Shanghai's role as an international shipping hub [6]. Government Initiatives - The Shanghai government has been actively forming specialized state-owned platforms in key sectors, optimizing the layout of state capital, and promoting resource integration and functional upgrades. The establishment of Shanghai Guomao is part of these ongoing efforts to enhance the capabilities of the Shanghai International Shipping Center and support the development of the Shanghai International Trade Center [6].

Core Viewpoint - Shanghai International Port Group plans to invest RMB 2 billion to establish Shanghai Guomao Holdings Co., Ltd., holding a 15.38% stake in the new company [5][7][16] Group 1: Investment Overview - The company will use its own funds to invest RMB 2 billion in collaboration with Shanghai International Group and other state-owned enterprises [5][7] - The investment aims to enhance the logistics service level and support the construction of Shanghai as an international shipping center [7][15] Group 2: Board Approval Process - The third board meeting was held on November 13, 2025, where the investment proposal was unanimously approved with 9 votes in favor and no opposition [2][16] - The independent directors also supported the proposal, confirming it was submitted for board review [2][17] Group 3: Transaction Details - The registered capital of Shanghai Guomao is set at RMB 13 billion, with the company focusing on investment activities, management, and logistics services [12] - The investment will be made in two installments of RMB 1 billion each in 2025 and 2026 [12] Group 4: Related Party Transactions - The transaction is classified as a related party investment due to the involvement of Shanghai International Group, which holds a 100% stake in the controlling entity of the company [8][9] - Previous transactions with the same related party totaled RMB 2.48 billion over the past 12 months, which did not exceed 5% of the company's latest audited net assets [6][9]

Core Viewpoint - The company plans to invest RMB 2 billion to establish Shanghai Guomao Holdings Co., Ltd. in collaboration with Shanghai International Group and other enterprises, acquiring a 15.38% stake [2] Group 1: Investment Details - The investment will be made using the company's own funds amounting to RMB 2 billion [2] - The company will hold a 15.38% ownership stake in the newly formed Shanghai Guomao [2] Group 2: Related Party Transaction - The investment constitutes a related party transaction as Shanghai International Group, an associated entity, is also participating in the investment [2] - The related party transaction has been approved by the company's independent directors and board meetings, thus not requiring shareholder approval [2]

Group 1 - China Pacific Insurance's subsidiary, China Pacific Life, reported a cumulative premium income of 241.32 billion yuan for the first ten months, a year-on-year increase of 9.9% [1] - China Pacific Property Insurance, another subsidiary, achieved a cumulative premium income of 173.57 billion yuan, with a year-on-year growth of 0.4% [1] - Nocera Biopharma reported a net loss of 64.41 million yuan for the first three quarters, despite a revenue increase of 59.85% to 1.115 billion yuan [1] Group 2 - Founder Securities received approval from the China Securities Regulatory Commission to issue short-term corporate bonds not exceeding 5 billion yuan [1] - Haicheng Bonda's director plans to reduce his stake by up to 0.97%, equating to 198,400 shares [1] - Yuyuan Group intends to repurchase shares worth between 200 million and 300 million yuan, with a maximum price of 8.60 yuan per share [1] Group 3 - Huaren Shuanghe's subsidiary passed the GMP compliance inspection for a specific diabetes medication [4] - Lichong Group received project notifications from three international automotive manufacturers, with expected sales amounting to approximately 1.135 billion yuan [6] - Deyang Co. is planning to issue H-shares and list on the Hong Kong Stock Exchange to enhance its global strategy [7] Group 4 - Longxin General announced the transfer of its entire stake in a subsidiary for 105.6 million yuan, and also plans to divest another stake for 1 yuan due to poor performance [16] - Kangda New Materials decided to terminate the acquisition of a semiconductor company due to unsatisfactory due diligence progress [17] - Lu'an Environmental reported a 3.28% year-on-year increase in coal sales for October, totaling 3.78 million tons [18] Group 5 - Shanghai Port Group plans to invest 2 billion yuan to establish a new holding company with several state-owned enterprises [20] - Borui Pharmaceutical's new drug for obesity treatment has received clinical trial approval [23] - Silver Dragon Co. has completed the registration of a new energy industry fund focusing on high-growth potential projects [24] Group 6 - Hengrui Medicine received approval for a clinical trial of a prostate cancer drug [11] - Baiji Shenzhou reported a net profit of 1.139 billion yuan for the first three quarters, marking a turnaround from losses [36] - Huasheng Pharmaceutical's special medical food product has received registration certification [60]

证券代码：600018 证券简称：上港集团 公告编号：2025-055 上海国际港务（集团）股份有限公司 与关联人共同投资公告 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。 重要内容提示： 1 上海国际港务（集团）股份有限公司（以下简称："公司"或"上港集 团"）拟以自有资金出资人民币 20 亿元，与上海国际集团有限公司（以下 简称："国际集团"）等多家企业共同投资设立上海国茂控股有限公司（以 下简称："上海国茂"或"标的公司"，暂定名，最终以工商注册为准），持 股比例为 15.38%。 鉴于公司关联法人国际集团拟共同参与投资设立上海国茂，本次交易事项 属于与关联人共同投资，构成关联交易。 本次关联交易事项未构成重大资产重组。 公司过去 12 个月与同一关联人国际集团进行的交易情况如下：一是，公司 受国际集团委托管理上海同盛投资（集团）有限公司（以下简称："同盛集 团"），并与国际集团签订了《委托管理协议》，该事项已经公司 2024 年年 度股东大会审议通过；二是，公司以自有资金出资人民币 4.8 亿元，与国 际集团及其他投 ...

证券代码：600018 证券简称：上港集团 公告编号：2025-054 董事会同意公司以自有资金出资人民币 20 亿元参与投资设立上海国茂控股有 限公司（暂定名，最终以工商注册为准）。 同意：9 票 弃权：0 票 反对：0 票 本项议案涉及关联交易，关联董事曹庆伟先生回避表决。 关于本议案具体内容详见公司于 2025 年 11 月 14 日在《上海证券报》、《中 国证券报》、《证券时报》和上海证券交易所网站（www.sse.com.cn）披露的《上 港集团与关联人共同投资公告》。 公司召开了 2025 年第五次独立董事专门会议，发表意见如下：全体独立董事 同意《关于参与投资设立上海国茂控股有限公司的议案》，并同意提交董事会审 议。 上海国际港务（集团）股份有限公司董事会 2025年11月14日 上海国际港务（集团）股份有限公司 第三届董事会第六十一次会议决议公告 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。 上海国际港务（集团）股份有限公司（以下简称："上港集团"或"公司"） 第三届董事会第六十一次会议于 2025 年 11 ...

Group 1 - The core point of the article is that Shanghai Port Group announced the convening of its board meeting to discuss the investment in establishing Shanghai Guomao Holdings Co., Ltd. [1] - For the first half of 2025, the revenue composition of Shanghai Port Group is as follows: container segment accounts for 43.82%, port logistics for 35.45%, port services for 18.62%, others for 4.8%, and bulk cargo segment for 3.99% [1] - As of the report date, the market capitalization of Shanghai Port Group is 132 billion yuan [1]

Core Viewpoint - The company aims to enhance its role in the construction of Shanghai's international shipping center and improve port logistics services by investing 2 billion yuan to establish Shanghai Guomao Holdings Co., Ltd. with other enterprises, holding a 15.38% stake [1] Investment Details - The company will invest 2 billion yuan of its own funds [1] - The investment is in collaboration with Shanghai International Group and several other enterprises [1] - The company will hold a 15.38% equity stake in Shanghai Guomao [1]

Core Viewpoint - The company plans to invest 2 billion yuan to establish Shanghai Guomao Holdings Co., Ltd. in collaboration with Shanghai International Group and other enterprises, aiming to enhance its role in the construction of Shanghai as an international shipping center and improve port logistics services [1] Group 1 - The investment amount is set at 2 billion yuan [1] - The company will hold a 15.38% stake in Shanghai Guomao Holdings [1] - The initiative is part of the company's strategy to leverage its resources and advantages in the shipping industry [1]

Group 1 - The company plans to invest RMB 2 billion to jointly establish Shanghai Guomao Holdings Co., Ltd. [1]