Core Viewpoint - The inclusion of Guozhong Water (600187.SH) in the Shanghai-Hong Kong Stock Connect marks a significant milestone, enhancing its capital market recognition and international influence, thereby injecting new momentum into its diversified business development and transformation efforts [1][2]. Group 1: International Market Expansion - The entry into the Shanghai-Hong Kong Stock Connect provides Guozhong Water with a vital international showcase, allowing for better capital flow and market structure optimization [2]. - This inclusion is expected to significantly enhance Guozhong Water's visibility and brand image in the international capital market, facilitating international collaboration in technology introduction, project cooperation, and overseas market expansion [2][3]. - The company aims to leverage international financing channels and perspectives to improve its technological research and development, attract high-end talent, and pursue quality project mergers and acquisitions [2][5]. Group 2: Corporate Governance and Operational Efficiency - Being part of the Stock Connect will subject Guozhong Water to scrutiny from a broader range of market participants, including international investors, which will drive improvements in corporate governance and information disclosure [3]. - The company is committed to enhancing operational standardization and internationalization, thereby increasing its overall competitiveness and risk resilience [3]. Group 3: Strategic Growth and Innovation - Guozhong Water is focusing on green growth and strategic upgrades, responding to national dual carbon goals through technological innovation and enhancing competitiveness in the environmental protection industry [4]. - The company is actively adjusting its business structure to explore new fields such as renewable energy, green health food, new environmental materials, energy-saving technologies, and smart industries, creating a new model for cross-industry integration [4][5]. - Continuous deepening of green transformation and optimization of business segments are key strategies for Guozhong Water to enhance its core competitiveness and profitability [5].

Core Viewpoint - The article highlights the rampant insider trading in the A-share market, indicating that the frequency and audacity of such activities have reached unprecedented levels, overshadowing previous regulatory efforts [3][22]. Group 1: Instances of Pre-announcement Price Surge - Guokewi announced on June 6 its intention to acquire 94.366% of Zhongxin Ningbo's equity, leading to a 20% price surge on May 20, just before the announcement [5]. - Shangluo Electronics saw a 22.82% increase over four trading days prior to its announcement on June 4 regarding the acquisition of Guangzhou Ligong Technology [6]. - Bangji Technology's stock price surged on June 4 before announcing its acquisition plans [7]. - ST Jinbi experienced a 7.13% increase in the two trading days leading up to its announcement on June 4 regarding a share transfer [8]. - Huamao Technology's stock rose by 11.16% in the three trading days before its June 4 announcement of acquiring Shenzhen Fuchuang Youyue Technology [9]. Group 2: Long-term Price Increases Before Major Announcements - Honghui Fruits and Vegetables saw a 38.14% increase from April 1 to June 6, despite only a 2.97% rise on the announcement day [23]. - Maipu Medical's stock surged over 69.61% from April 7 to May 21, with significant increases noted before its announcement [23]. - Haitai Development's stock rose by 73.84% from April 7 to June 5, despite only a 1.73% increase on the announcement day [23]. - Feiyada's stock increased by 50.76% in May, with multiple days of over 9% gains leading up to its announcement on June 4 [23]. Group 3: Techniques of Insider Trading - The article discusses the strategy of creating false market signals to mislead investors, as seen in the case of Qunxing Toys, which experienced a sudden surge in trading volume before announcing a major asset restructuring [29]. - The practice of buying shares before creating favorable news is highlighted, with examples such as Diou Home, where the actual controller's shareholding was transferred to a related party [31]. - The article notes that insider trading is often concealed effectively, making it difficult for regulatory bodies to detect [34]. Group 4: Regulatory Challenges - The article emphasizes that even significant price increases do not necessarily trigger regulatory scrutiny, as companies can claim no insider information was leaked [36][38]. - Instances of companies reporting substantial price increases before announcements without facing consequences illustrate the challenges in enforcing regulations [40][41].

Group 1 - The core issue leading to the termination of major asset restructurings among listed companies is the inability to reach an agreement on key terms, particularly the transaction price [5][6][7] - Since 2025, over 20 listed companies have announced the failure of significant asset restructurings, including well-known firms such as Guozhong Water, China Merchants Energy, and Haier Biomedical [1][5] - Companies like Yuehongyuan A and *ST Shuangcheng have also faced similar issues, primarily due to disagreements on pricing [7][11] Group 2 - Market environment changes and prolonged negotiation periods have contributed to the abandonment of restructuring plans, as seen in cases like Xinno and Antong Holdings [9][10] - The complexity of transaction structures and the presence of asset ownership issues have also been significant factors in the failure of mergers and acquisitions [11][12] - The need for effective communication and coordination among parties involved in the transaction is crucial to avoid misunderstandings and ensure successful negotiations [17][19] Group 3 - Recent policy initiatives, such as the revised "Major Asset Restructuring Management Measures," aim to enhance the merger and acquisition market's activity and success rates [14][15] - Companies are encouraged to conduct thorough due diligence and risk assessments as foundational steps in the merger process [16] - Establishing a joint working group and regular communication mechanisms can help address disputes and facilitate smoother negotiations [18][19]

Meeting Details - The shareholders' meeting was held on June 6, 2025, at Shanghai Zhujiajiao Royal Camellia Garden Hotel [1] - The meeting was attended by shareholders representing 24.6082% of the total shares [1] - The voting method combined on-site and online voting, complying with relevant laws and regulations [1] Voting Results - All proposed resolutions were approved with significant majority votes: - First resolution: 98.3667% in favor, 1.3831% against, and 0.2502% abstained [1] - Second resolution: 98.3202% in favor, 1.4365% against, and 0.2433% abstained [1] - Third resolution: 98.3418% in favor, 1.4195% against, and 0.2387% abstained [1] - Fourth resolution: 97.8917% in favor, 1.8638% against, and 0.2445% abstained [1] Legal Compliance - The meeting was witnessed by lawyers from Beijing Guofeng Law Firm, confirming that the meeting's procedures and voting results were legally valid [3] - The legal opinion was signed and stamped by the law firm's director [3]

Core Viewpoint - The legal opinion letter confirms the legality of the convening, holding procedures, qualifications of the convenor and attendees, voting procedures, and results of the annual general meeting of Heilongjiang Guozhong Water Co., Ltd. for the year 2024 [1][6]. Group 1: Meeting Procedures - The meeting was convened by the company's ninth board of directors and publicly announced on May 17, 2025, detailing the time, location, and agenda [2][3]. - The meeting was held on June 6, 2025, combining on-site and online voting methods, with specific time slots for each voting method [3][4]. Group 2: Attendee Qualifications - A total of 944 participants attended the meeting, representing 397,123,610 shares, which is 24.6082% of the total voting shares [4][5]. - The qualifications of the attendees were verified against legal requirements and were deemed valid [4][6]. Group 3: Voting Procedures and Results - All proposed resolutions were reviewed and voted on, with the results indicating a high level of approval for each item [5][6]. - For instance, the 2024 annual report was approved with 390,637,741 votes in favor, representing 98.3667% of the valid votes [5]. - The proposal for the 2024 profit distribution plan received 388,751,241 votes in favor, accounting for 97.8917% of the valid votes [5].

证券代码：600187 证券简称：国中水务 公告编号：2025-024 黑龙江国中水务股份有限公司 2024年年度股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 6 月 6 日 (二)股东大会召开的地点：上海市青浦区朱家角浦祥路 79 号上海朱家角皇家郁 金香花园酒店 5 号楼一楼贵宾会见厅 2 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东大会由公司董事会召集，由董事长丁宏伟先生主持。会议采用现场 投票和网络投票相结合的表决方式进行表决。本次会议的召集和召开程序、表决 方式符合《中华人民共和国公司法》和《黑龙江国中水务股份有限公司公司章程》 的有关规定，所作决议合法有效。 (五)公司董事、监事和董事会秘书的出席情况 | 1、出席会议的股东和代理人人数 | 944 | | --- | --- | | ...

北京国枫律师事务所 关于黑龙江国中水务股份有限公司 2024 年年度股东大会的 北京市东城区建国门内大街 26 号新闻大厦 7 层、8 层 电话：010-88004488/66090088 传真：010-66090016 邮编：100005 法律意见书 国枫律股字[2025]A0308 号 致：黑龙江国中水务股份有限公司（贵公司） 北京国枫律师事务所（以下简称"本所"）接受贵公司的委托，指派律师出 席并见证贵公司 2024 年年度股东大会（以下简称"本次会议"）。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中 华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规则》 （以下简称"《股东会规则》"）、《律师事务所从事证券法律业务管理办法》 （以下简称"《证券法律业务管理办法》"）、《律师事务所证券法律业务执业 规则（试行）》（以下简称"《证券法律业务执业规则》"）等相关法律、行政 法规、规章、规范性文件及《黑龙江国中水务股份有限公司章程》（以下简称"《公 司章程》"）的规定，就本次会议的召集与召开程序、召集人资格、出席会议人 员资格、会议表决程序及表决结果等事宜，出具本法律 ...

黑龙江国中水务股份有限公司 2024 年年度股东大会会议资料 黑龙江国中水务股份有限公司 2024 年年度股东大会 会议资料 二零二五年六月六日 1 黑龙江国中水务股份有限公司 2024 年年度股东大会会议资料 目录 | 会议须知 | | 3 | | --- | --- | --- | | 会议议程 | | 4 | | 议案一：《2024 | 年年度报告》及摘要 | 5 | | 议案二：《2024 | 年度董事会工作报告》 | 6 | | 议案三：《2024 | 年度财务决算报告》 | 7 | | 议案四：关于公司 | 年度利润分配预案的议案 2024 | 8 | | 议案五：关于续聘 | 2025 年财务审计机构的议案 | 9 | | 议案六：关于续聘 | 2025 年内控审计机构的议案 | 10 | | 议案七：关于使用闲置自有资金进行委托理财的议案 | | 11 | | 议案八：公司 2024 | 年度董事及高级管理人员薪酬发放的议案 12 | | | 议案九：公司 2025 | 年度董事及高级管理人员薪酬方案的议案 13 | | | 议案十：关于 2024 | 年度计提减值准备的议案 | 14 | | ...

证券代码：600187 证券简称：国中水务 公告编号：2025-023 黑龙江国中水务股份有限公司 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。 重要内容提示： ? 股东大会召开日期：2025年6月6日 召开的日期时间：2025 年 6 月 6 日 14 点 30 分 召开地点：上海市青浦区朱家角浦祥路 79 号上海朱家角皇家郁金香花园酒店 5 号楼一楼贵宾会见厅 2 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 6 月 6 日 至2025 年 6 月 6 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股东大 会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互联网投 票平台的投票时间为股东大会召开当日的 9:15-15:00。 (六) 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者的投 票，应按照 ...

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。 证券代码：600187 证券简称：国中水务 公告编号：2025-023 黑龙江国中水务股份有限公司 关于召开2024年年度股东大会的通知 重要内容提示： 一、 召开会议的基本情况 (一) 股东大会类型和届次 2024年年度股东大会 召开的日期时间：2025 年 6 月 6 日 14 点 30 分 召开地点：上海市青浦区朱家角浦祥路 79 号上海朱家角皇家郁金香花园酒店 5 号楼一楼贵宾会见厅 2 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 6 月 6 日 至2025 年 6 月 6 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股东大 会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互联网投 票平台的投票时间为股东大会召开当日的 9:15-15:00。 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者的投 票， ...