Core Viewpoint - The restructuring and spin-off plan of China Merchants Energy (招商轮船) has been terminated, leading to a slight increase in its stock price by 0.17%, while Antong Holdings (安通控股) saw a decline of 5.03% in its stock price [1][3]. Group 1 - The termination of the restructuring was due to a lack of consensus on transaction terms among the parties involved and changes in market conditions since the initial planning [1][3]. - Antong Holdings stated that the termination would not have a significant adverse impact on its operational and financial status, nor would it harm the interests of the company and minority shareholders [1][3]. - China Merchants Energy indicated that the termination is not expected to negatively affect shareholder interests or the company's existing operations and financial status [1][3]. Group 2 - Prior to the announcement of the termination, investors had inquired about the progress of the restructuring on the interactive platform, including questions about the valuation of the restructuring targets and market management post-failure [3]. - Antong Holdings had previously responded that it was actively advancing related work and would comply with relevant legal and regulatory disclosure requirements [3]. - The spin-off was intended to create a focused public platform for container shipping and logistics for China Merchants Energy [3]. Group 3 - Antong Holdings has established a business network covering "along the river, along the coast, and deep inland," with a total container throughput exceeding 13.7 million TEU in 2023 across national ports, ranking among the top three in several domestic ports [4]. - If the transaction had been completed, Antong Holdings would have had dual capital operation platforms for "irregular shipping (oil and gas transportation + dry bulk transportation)" and "liner shipping (container transportation + roll-on/roll-off)" [4].

Core Viewpoint - Antong Holdings has decided to terminate the proposed share issuance for asset acquisition and related transactions due to a lack of consensus on transaction terms and changes in market conditions since the initial planning [1] Group 1: Transaction Details - Antong Holdings planned to acquire 100% equity of China Foreign Transport and 70% equity of Guangzhou China Merchants Roll-on Roll-off from China Merchants Energy Transportation through a share issuance [2][9] - The share issuance price was set at 2.41 yuan per share, complying with regulations that require the price to be no less than 80% of the average trading price over specified periods [3][4] - The transaction was expected to constitute a major asset restructuring and related party transaction as per the regulations [1] Group 2: Financial Performance - For the year 2024, Antong Holdings reported a revenue of 7.549 billion yuan, a year-on-year increase of 2.80%, and a net profit of 610 million yuan, up 7.53% [11][12] - In the first quarter of 2025, the company achieved a revenue of 2.042 billion yuan, representing a 26.35% increase year-on-year, with a net profit of 241 million yuan, a significant rise of 371.53% [12][14] - The financial data of China Foreign Transport and Guangzhou China Merchants Roll-on Roll-off were also provided, indicating their operational scale and profitability [5][7][8]

Core Viewpoint - The restructuring and spin-off plan of China Merchants Energy Shipping Company has been terminated, leading to a slight increase in its stock price by 0.17%, while the stock price of Antong Holdings dropped by 5.03% [1]. Group 1: Announcement Details - On May 27, both China Merchants Energy Shipping and Antong Holdings announced the termination of their restructuring plan, which involved the spin-off of subsidiaries China Merchants Jinling and China Merchants Roll-on Roll-off through a share issuance by Antong Holdings [2]. - The reason for the termination was attributed to the lack of consensus on transaction terms among the parties involved and changes in market conditions and the actual situation of the target companies since the initial planning [2]. - Antong Holdings stated that the termination would not have a significant adverse impact on its operational and financial status, nor would it harm the interests of the company and minority shareholders [2]. Group 2: Impact on Operations - China Merchants Energy Shipping indicated that the termination of the spin-off is not expected to negatively affect shareholder interests or the company's existing operations and financial status [2]. - Both companies affirmed that their strategic planning and operational activities would remain unaffected by the termination of the restructuring [2]. - A representative from Antong Holdings confirmed that the termination would not impact the cooperative relationship with China Merchants, which has been ongoing [3]. Group 3: Background Information - Prior to the termination announcement, investors had inquired about the restructuring progress, including issues related to valuation and market management [5]. - The spin-off was intended to create a focused public platform for container shipping logistics for China Merchants Energy Shipping [5]. - Antong Holdings has established a comprehensive business network covering coastal and inland areas, with a total container throughput exceeding 13.7 million TEU in 2023, ranking among the top in several domestic ports [5].

A股航运板块盘初走低，安通控股跌超7%，重庆港跌超2%，南京港，连云港等跟跌。 ...

Mergers and Acquisitions - Antong Holdings has decided to terminate the issuance of shares for asset acquisition and related transactions, which included plans to acquire 100% of China Foreign Container Transport Co., Ltd. and 70% of Guangzhou Merchants Roll-on Roll-off Transport Co., Ltd. from China Merchants Energy Transportation Co., Ltd. [1] - Yapu Co., Ltd. plans to purchase approximately 54.50% of shares in Shanghai Yingshuang Electric Technology Co., Ltd. for about 578 million yuan using its own funds [2] Shareholding Changes - Shareholder Zhou Xin of Zhixin Precision plans to reduce his holdings by up to 3% of the total shares, which amounts to a maximum of 1.6 million shares, within three months starting from 15 trading days after the announcement [3] - Wuhu Gaoxin Yida intends to reduce its holdings in Focase Technology by up to 2.9494% of the total shares, equating to a maximum of 250,220 shares, within three months starting from 15 trading days after the announcement [4] - Qin Guangxia, a major shareholder and senior management of Shuyupingmin, plans to reduce her holdings by up to 3% of the total shares, which is a maximum of 12.07 million shares, between June 19, 2025, and September 18, 2025 [5] Risk Matters - Jinghua Laser has experienced a significant stock price increase of 46.44% over four consecutive trading days, but the company acknowledges that its cultural and creative business has considerable unpredictability and volatility [6] - Youfu Co., Ltd. has reported that there have been no significant changes in its recent operating conditions or external business environment, despite its stock price deviating by over 20% in three consecutive trading days [7] - KJ Intelligent has confirmed that its recent daily operations are normal, with no significant changes in market conditions or industry policies, despite its stock price deviating by over 30% in three consecutive trading days [8]

证券代码：600179 证券简称：安通控股 公告编号：2025-031 安通控股股份有限公司 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。 三、参加人员 公司董事长王维先生、总裁楼建强先生、董事会秘书荣兴先生；交易对方代 表孔康先生；重组标的公司代表赵春吉先生、王朝东先生；独立财务顾问主办人 吴嘉青先生（如有特殊情况，参与人员将可能进行调整）。 重要内容提示： ? 会议召开时间：2025 年 5 月 30 日（星期五）16:00-17:00 ? 会议召开地点：上海证券交易所上证路演中心 ? 会议召开方式：上证路演中心网络文字互动问答 ? 问题征集方式：投资者可于 2025 年 5 月 28 日 16:00 前登录上证路演中 心网站首页点击"提问预征集"栏目或通过公司邮箱（antong@antong56.com）进 行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 安通控股股份有限公司（以下简称"公司"）于 2025 年 5 月 27 日召开第八届 董事会 2025 年第三次临时会议、第八届监事会 2025 年第三次临 ...

证券代码：600179 证券简称：安通控股 公告编号：2025-030 安通控股股份有限公司 一、本次交易的基本情况 安通控股拟向招商局能源运输股份有限公司发行股份收购中外运集装箱运 输有限公司的 100%股权、广州招商滚装运输有限公司的 70%股权（以下简称"本 次交易"或"本次重组"）。 本次交易预计构成《上市公司重大资产重组管理办法》规定的重大资产重组， 构成重组上市，同时亦构成关联交易。 二、公司在推进重大资产重组期间所做的主要工作 在本次交易相关工作的开展中，公司严格按照规定及时履行信息披露义务， 并在相关公告中对本次重组事项的相关风险进行了充分提示。公司严格按照相关 法律法规及规范性文件等规定，聘请了相关中介机构，开展了审计、评估、尽职 调查等工作，组织相关各方积极推进本次交易的实施工作。本次交易主要历程如 下： 因筹划本次交易，经向上海证券交易所申请，公司股票自 2024 年 5 月 29 日（星期三）开市起停牌。具体内容详见公司于 2024 年 5 月 29 日披露的《安通 控 股 股 份有限 公 司关于 筹划 重大 资产 重组事 项的停牌公告》（公 告编号： 届监事会 2024 年第三次临时 ...

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： 安通控股股份有限公司 关于召开终止重大资产重组投资者说明会的公告 会议召开时间：2025 年 5 月 30 日（星期五）16:00-17:00 证券代码：600179 证券简称：安通控股 公告编号：2025-031 1.会议召开时间：2025 年 5 月 30 日（星期五）16:00-17:00 问题征集方式：投资者可于 2025 年 5 月 28 日 16:00 前登录上证路演中 心网站首页点击"提问预征集"栏目或通过公司邮箱（antong@antong56.com）进 行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 安通控股股份有限公司（以下简称"公司"）于 2025 年 5 月 27 日召开第八届 董事会 2025 年第三次临时会议、第八届监事会 2025 年第三次临时会议，审议通 过了《关于终止发行股份购买资产暨关联交易事项的议案》，同意公司终止本次 发行股份购买资产暨关联交易事项并授权公司管理层办理本次终止相关事宜。具 体内容详见公司指定信息披 ...

证券代码：600179 证券简称：安通控股 公告编号：2025-030 安通控股股份有限公司 关于终止发行股份购买资产暨关联交易事项的公告 安通控股拟向招商局能源运输股份有限公司发行股份收购中外运集装箱运 输有限公司的 100%股权、广州招商滚装运输有限公司的 70%股权（以下简称"本 次交易"或"本次重组"）。 本次交易预计构成《上市公司重大资产重组管理办法》规定的重大资产重组， 构成重组上市，同时亦构成关联交易。 二、公司在推进重大资产重组期间所做的主要工作 在本次交易相关工作的开展中，公司严格按照规定及时履行信息披露义务， 并在相关公告中对本次重组事项的相关风险进行了充分提示。公司严格按照相关 法律法规及规范性文件等规定，聘请了相关中介机构，开展了审计、评估、尽职 调查等工作，组织相关各方积极推进本次交易的实施工作。本次交易主要历程如 下： 因筹划本次交易，经向上海证券交易所申请，公司股票自 2024 年 5 月 29 日（星期三）开市起停牌。具体内容详见公司于 2024 年 5 月 29 日披露的《安通 控股股份有限公司关于筹划重大资产重组事项的停牌公告》（公告编号： 2024-025）。 2024 ...

安通控股（600179）公告，公司于2025年5月27日召开第八届董事会2025年第三次临时会议、第八届监 事会2025年第三次临时会议，审议通过了《关于终止发行股份购买资产暨关联交易事项的议案》，同意 公司终止本次发行股份购买资产暨关联交易事项并授权公司管理层办理本次终止相关事宜。安通控股拟 向招商局能源运输股份有限公司发行股份收购中外运集装箱运输有限公司的100%股权、广州招商滚装 运输有限公司的70%股权。本次交易预计构成《上市公司重大资产重组管理办法》规定的重大资产重 组，构成重组上市，同时亦构成关联交易。终止本次交易事项系经公司审慎研究，并与交易对方充分沟 通、友好协商后做出的决定。目前公司生产经营情况正常，本次交易终止不会对公司的生产经营和财务 状况造成重大不利影响，不存在损害公司及中小股东利益的情形。 ...