证券代码：600239 证券简称：云南城投 公告编号：临 2025-061 号 云南城投置业股份有限公司 第十届董事会第三十二次会议决议公告 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。 一、董事会会议召开情况 云南城投置业股份有限公司（下称"公司"）第十届董事会第三十二次会议 通知及材料于 2025 年 8 月 12 日以邮件的形式发出，会议于 2025 年 8 月 22 日在 公司（昆明市西山区西园南路 34 号融城优郡 A4 栋写字楼）1707 会议室召开。 公司董事长崔铠先生主持会议，本次会议应出席董事 7 名，实际出席董事 7 名。会议符合《中华人民共和国公司法》和《云南城投置业股份有限公司章程》 规定。 二、董事会会议审议情况 同意对公司第十届董事会各专门委员会委员进行调整，调整后的董事会各专 门委员会委员组成如下： 战略及风险管理委员会委员：崔铠、苏自立、刘志强、相恒来、李扬、王自 立、巩明；委员会召集人：崔铠。 提名委员会委员：苏自立、刘志强、相恒来、崔铠、李扬；委员会召集人： 苏自立。 审计委员会委员：相恒 ...

Company Overview - Yunnan Chenggong Investment (SH 600239) announced its board meeting held on August 22, 2025, to discuss the adjustment of the board's specialized committee members [1] - As of the report, Yunnan Chenggong Investment has a market capitalization of 4 billion yuan [1] Revenue Composition - For the year 2024, the revenue composition of Yunnan Chenggong Investment is as follows: - Commercial management: 40.25% - Property management: 23.48% - Real estate: 15.72% - Hotel operations: 12.57% - Other businesses: 7.98% [1]

Core Insights - Yunnan Chenggong Investment reported a decline in revenue and net profit for the first half of 2025, indicating financial challenges faced by the company [1] Financial Performance - The company achieved an operating revenue of 918 million yuan, representing a year-on-year decrease of 1.70% [1] - The net profit attributable to shareholders was -37.72 million yuan, reflecting a significant year-on-year decline of 191.80% [1] - Basic earnings per share were -0.02 yuan, which is a decrease of 166.67% compared to the previous year [1]

证券代码：600239 证券简称：云南城投 公告编号：临 2025-062 号 云南城投置业股份有限公司 关于公司 2025 年半年度计提资产减值准备的公告 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。 云南城投置业股份有限公司（下称"公司"）就公司 2025 年半年度计提资产 减值准备相关事宜公告如下： 一、本半年度计提资产减值准备的情况概述 为真实反映公司 2025 年上半年的资产状况和经营成果，根据《企业会计准则》 及公司现行会计政策确定的资产减值准备确认标准和计提方法，基于谨慎性原则， 公司对截止 2025 年 6 月 30 日合并范围内的资产进行了评估与分析，对可能存在 减值迹象的资产进行了减值测试，并计提资产减值准备。 经减值测试，2025 年 1-6 月公司累计计提各类资产减值准备合计 607.91 万元， 因收回债权、工程结算调整及对外销售转回各类资产减值准备合计 5,920.56 万元， 计提及转回项目明细如下： 单位：万元 | 项目 | 年初余额 | 1-6月累计 | 本期转回 | 期末余额 | | -- ...

证券代码：600239 证券简称：云南城投 公告编号：临2025-063号 云南城投置业股份有限公司 关于诉讼进展的公告 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、案件所处的诉讼阶段：收到云南省高级人民法院（下称"云南省高院"） 发来的《民事调解书》。 2、上市公司所处的当事人地位：云南城投置业股份有限公司（下称"公司"） 为一审原告及反诉被告。 3、诉讼的金额：本诉约 19,103.00 万元；反诉约 4,808.58 万元。 4、是否会对上市公司损益产生负面影响：公司作为原告提起诉讼，一审法 院支持了公司主要诉讼请求，驳回云南凤宇置业有限公司（下称"云南凤宇"） 的反诉请求。目前，公司已经收到《民事调解书》项下律师费、保全保险费、保 全费，后续将根据协议要求和实际执行情况进行会计处理。 根据《上海证券交易所股票上市规则》等相关规定，公司现将诉讼有关情况 公告如下： 一、诉讼的基本情况 1、本次重大诉讼的当事人 一审原告/反诉被告：公司 一审被告/反诉原告：云南凤宇 一审被告：四川省清凤现代房地产开 ...

Section I Definitions [Definitions of Common Terms](index=4&type=section&id=%E5%B8%B8%E7%94%A8%E8%AF%8D%E8%AF%AD%E9%87%8A%E4%B9%89) This chapter defines common terms, ensuring consistent understanding of professional terminology and company entities, covering the group, listed company, and major affiliates - The report refers to "Group Company" as Yunnan Provincial Kanglv Holding Group Co., Ltd., while "Company," "Listed Company," "Real Estate Company," and "City Investment Real Estate" all refer to Yunnan Urban Construction Investment Real Estate Co., Ltd[12](index=12&type=chunk) - Abbreviated and full names of several subsidiaries and affiliated companies, including Ning County Yunhai, Hangzhou Yuntai, Tianjin Yinrun, and Overseas Chinese Town Industrial, are listed[12](index=12&type=chunk) Section II Company Profile and Key Financial Indicators [I. Company Information](index=5&type=section&id=%E4%B8%80%E3%80%81%E5%85%AC%E5%8F%B8%E4%BF%A1%E6%81%AF) This section outlines the company's basic registration details, including its Chinese name, abbreviation, foreign name, and legal representative, clarifying its identity - The company's Chinese name is Yunnan Urban Construction Investment Real Estate Co., Ltd., abbreviated as Yunnan City Investment, with Cui Kai as the legal representative[14](index=14&type=chunk) [II. Contact Person and Contact Information](index=5&type=section&id=%E4%BA%8C%E3%80%81%E8%81%94%E7%B3%BB%E4%BA%BA%E5%92%8C%E8%81%94%E7%B3%BB%E6%96%B9%E5%BC%8F) This section provides contact information for the company's Board Secretary and Securities Affairs Representative, including names, addresses, phone numbers, faxes, and email addresses, facilitating communication for investors and relevant parties - The Board Secretary is Xiao Lun, and the Securities Affairs Representative is Wang Yuan, both located at 17th Floor, Building A4, Rongcheng Youjun, No. 34 Xiyuan South Road, Xishan District, Kunming City[15](index=15&type=chunk) [III. Brief Introduction to Changes in Basic Information](index=5&type=section&id=%E4%B8%89%E3%80%81%E5%9F%BA%E6%9C%AC%E6%83%85%E5%86%B5%E5%8F%98%E6%9B%B4%E7%AE%80%E4%BB%8B) This section introduces the historical changes in the company's registered address, with the latest address being Building A4, Rongcheng Youjun, No. 34 Xiyuan South Road, Xishan District, Kunming City, Yunnan Province - The company's registered address has been changed to Building A4, Rongcheng Youjun, No. 34 Xiyuan South Road, Xishan District, Kunming City, Yunnan Province, and the "Articles of Association of Yunnan Urban Construction Investment Real Estate Co., Ltd." has been revised accordingly[16](index=16&type=chunk) [IV. Brief Introduction to Changes in Information Disclosure and Document Placement Locations](index=5&type=section&id=%E5%9B%9B%E3%80%81%E4%BF%A1%E6%81%AF%E6%8A%AB%E9%9C%B2%E5%8F%8A%E5%A4%87%E7%BD%AE%E5%9C%B0%E7%82%B9%E5%8F%98%E6%9B%B4%E6%83%85%E5%86%B5%E7%AE%80%E4%BB%8B) This section specifies the company's designated newspapers for information disclosure, the website address for semi-annual reports, and the location for report placement, ensuring transparency and accessibility of information disclosure - The company's selected newspapers for information disclosure include "Shanghai Securities News," "China Securities Journal," "Securities Times," and "Securities Daily," with the report available on http://www.sse.com.cn[17](index=17&type=chunk) [V. Company Stock Overview](index=5&type=section&id=%E4%BA%94%E3%80%81%E5%85%AC%E5%8F%B8%E8%82%A1%E7%A5%A8%E7%AE%80%E5%86%B5) This section provides basic information about the company's stock, including stock type, listing exchange, stock abbreviation, stock code, and previous stock abbreviation - The company's A-shares are listed on the Shanghai Stock Exchange, with the stock abbreviation Yunnan City Investment and stock code 600239[18](index=18&type=chunk) [VII. Company's Major Accounting Data and Financial Indicators](index=6&type=section&id=%E4%B8%83%E3%80%81%E5%85%AC%E5%8F%B8%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) This section presents the company's major accounting data and financial indicators for the first half of 2025, showing a slight decrease in operating revenue, significant declines in total profit and net profit attributable to shareholders, and a positive shift in net cash flow from operating activities 2025 H1 Major Accounting Data | Indicator | Current Period (Jan-Jun) | Prior Period (Jan-Jun) | Current Period vs. Prior Period Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 918,175,404.60 yuan | 934,072,476.95 yuan | -1.70 | | Total Profit | 995,386.02 yuan | 14,996,799.55 yuan | -93.36 | | Net Profit Attributable to Shareholders of Listed Company | -37,720,493.92 yuan | 41,090,596.56 yuan | -191.80 | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-recurring Gains/Losses) | -36,916,569.20 yuan | -40,418,688.25 yuan | 8.66 | | Net Cash Flow from Operating Activities | 444,797,737.85 yuan | -467,439,342.85 yuan | N/A | | Net Assets Attributable to Shareholders of Listed Company (Period-end) | 1,280,084,985.43 yuan | 1,317,805,479.35 yuan | -2.86 | | Total Assets (Period-end) | 10,465,057,146.05 yuan | 10,987,067,002.49 yuan | -4.75 | 2025 H1 Major Financial Indicators | Indicator | Current Period (Jan-Jun) | Prior Period | Current Period vs. Prior Period Change (%) | | :--- | :--- | :--- | :--- | | Basic Earnings Per Share (yuan/share) | -0.02 | 0.03 | -166.67 | | Diluted Earnings Per Share (yuan/share) | -0.02 | 0.03 | -166.67 | | Basic Earnings Per Share (Excluding Non-recurring Gains/Losses) (yuan/share) | -0.02 | -0.03 | N/A | | Weighted Average Return on Net Assets (%) | -2.90 | 2.96 | Decreased by 5.86 percentage points | | Weighted Average Return on Net Assets (Excluding Non-recurring Gains/Losses) (%) | -2.84 | -2.91 | Increased by 0.07 percentage points | [IX. Non-recurring Gains and Losses Items and Amounts](index=6&type=section&id=%E4%B9%9D%E3%80%81%E9%9D%9E%E7%BB%8F%E5%B8%B8%E6%80%A7%E6%8D%9F%E7%9B%8A%E9%A1%B9%E7%9B%AE%E5%92%8C%E9%87%91%E9%A2%9D) This section details the company's non-recurring gains and losses for the first half of 2025, totaling **-803,924.72 yuan**, and explains why certain items were classified as recurring gains and losses 2025 H1 Non-recurring Gains and Losses Items and Amounts | Non-recurring Gains and Losses Item | Amount (yuan) | | :--- | :--- | | Gains/losses from disposal of non-current assets | 2,472,956.34 | | Government grants recognized in current profit or loss | 3,946,329.96 | | Fund occupation fees collected from non-financial enterprises recognized in current profit or loss | -273,308.71 | | Reversal of impairment provisions for accounts receivable subject to separate impairment testing | 36,426,057.34 | | Fair value changes of investment properties recognized in profit or loss | -45,040.00 | | Other non-operating income and expenses | -20,450,894.59 | | Less: Income tax impact | 11,009,682.22 | | Minority interest impact (after tax) | 11,870,342.84 | | **Total** | **-803,924.72** | - The company classified entrusted operation management fees (8,258,370.02 yuan) and fund occupation fees from related party receivables (5,740,845

一、董事会会议召开情况 证券代码：600239 证券简称：云南城投 公告编号：临 2025-061 号 云南城投置业股份有限公司 第十届董事会第三十二次会议决议公告 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。 云南城投置业股份有限公司（下称"公司"）第十届董事会第三十二次会议 通知及材料于 2025 年 8 月 12 日以邮件的形式发出，会议于 2025 年 8 月 22 日在 公司（昆明市西山区西园南路 34 号融城优郡 A4 栋写字楼）1707 会议室召开。 公司董事长崔铠先生主持会议，本次会议应出席董事 7 名，实际出席董事 7 名。会议符合《中华人民共和国公司法》和《云南城投置业股份有限公司章程》 规定。 二、董事会会议审议情况 1、《关于调整公司第十届董事会专门委员会委员的议案》 同意对公司第十届董事会各专门委员会委员进行调整，调整后的董事会各专 门委员会委员组成如下： 战略及风险管理委员会委员：崔铠、苏自立、刘志强、相恒来、李扬、王自 立、巩明；委员会召集人：崔铠。 提名委员会委员：苏自立、刘志强、相恒来、崔铠 ...

Core Insights - The overall activity level of the A-share merger and acquisition market in China has slightly decreased, characterized by high frequency, diverse participants, and broad sectors [1] - A total of 80 merger and acquisition events were disclosed during the period, with a total transaction amount of 601.88 billion RMB, showing a significant increase in both the number and value of major M&A events compared to the previous period [2] - The real estate management and development, other metals and mining, semiconductor products, electronic equipment, instruments and components, electrical equipment, and automotive parts sectors are particularly active in M&A activities [2][3] - Private enterprises and local state-owned enterprises are actively engaging in horizontal integration and strategic cooperation, indicating diverse motivations for mergers and acquisitions [1][2] - The M&A market is expected to further release integration and value reconstruction potential, supported by regulatory policy optimization, economic recovery, policy encouragement, and capital market reforms [1] M&A Market Overview - The number of major M&A events in the A-share market increased by 60% compared to the previous period, with a total disclosed transaction amount of 601.88 billion RMB, representing a 187.97% increase [2] - Key sectors for M&A activities include real estate management and development, other metals and mining, semiconductor products, electronic equipment, instruments and components, electrical equipment, and automotive parts [2] - The market is entering a new phase characterized by "efficiency improvement + structural optimization," driven by policy and proactive corporate adjustments [2] Listed Companies' M&A Plans - A total of 44 listed companies announced or planned M&A activities, with an average stock price fluctuation of 7.53% over two weeks [2] - 22 companies made significant progress after announcing M&A plans, with an average stock price fluctuation of 3.76% [2] - The number of major restructuring events increased by 60% compared to the previous period, with research enthusiasm rising by 11.54% [2] Companies with Significant Progress - Companies such as Yunnan Cheng Investment and AnYuan Coal Industry have made notable advancements in their M&A plans, with various strategic objectives including asset adjustments and diversification [10][11] - The progress of these companies reflects a broader trend of active restructuring and strategic realignment within the A-share market [10][11] Market Sentiment and Performance - The restructuring index showed a fluctuation of 5.10% over the two-week period, indicating a positive sentiment in the M&A market [12] - The average price-to-earnings (PE) ratios and market values of companies involved in M&A activities vary significantly, reflecting diverse market conditions and investor sentiments [7][8]

北京德恒（昆明）律师事务所 关于云南城投置业股份有限公司 法律意见 北京德恒（昆明）律师事务所 Beijing DeHeng Law Offices (KunMing) 云南省昆明市西山区西园路 126 号"融城优郡"B5 幢 3、4 层 电话（传真）：0871-63172192 邮编: 650032 北京德恒（昆明）律师事务所 关于云南城投置业股份有限公司 2025 年第五次临时股东会的法律意 见 北京德恒（昆明）律师事务所 关于云南城投置业股份有限公司 法 律 意 见 云南城投置业股份有限公司： 北京德恒（昆明）律师事务所（下称"本所"）作为贵公司的常年法律顾问， 本次指派李泽春、李艳莉律师出席贵公司 2025 年第五次临时股东会（以下简称 "本次股东会"），并按照律师行业公认的业务标准、道德规范及勤勉尽责精神， 对贵公司提供的与本次股东会有关的文件资料进行了审查，现根据《中华人民共 和国公司法》《中华人民共和国证券法》《上市公司股东会规则》及《云南城投 置业股份有限公司章程》（以下简称"《公司章程》"）的规定，就贵公司本次 股东会的相关事项出具如下法律意见： 一、关于本次股东会的召集和召开程序 根据贵公 ...

（文章来源：证券日报） 证券日报网讯 8月20日晚间，云南城投发布公告称，公司2025年第五次临时股东大会审议通过了《云南 城投置业股份有限公司关于取消监事会并修订的议案》等多项议案。 ...