Core Viewpoint - A total of 11 listed companies announced share buybacks or increases in shareholdings this week, with notable commitments for special loans to facilitate these actions [1][2]. Group 1: Companies Announcing Buybacks - Longbai Group plans to repurchase shares worth between 500 million to 1 billion yuan, with loans not exceeding 900 million yuan [2]. - BOE Technology Group received a commitment for an 1.8 billion yuan special loan for stock repurchase [1][2]. - Changhong Meiling obtained a commitment letter for a special loan not exceeding 270 million yuan for stock repurchase [2]. - Shandong Road and Bridge received a commitment letter for a special loan not exceeding 90 million yuan for stock repurchase [2]. - Jianghan New Materials obtained a commitment letter for a special loan not exceeding 360 million yuan for stock repurchase [2]. - Maiwei Bio's chairman proposed a buyback using 25 million to 50 million yuan of self-owned funds and/or a special loan [2]. - Jiahua Energy received a commitment letter for a special loan not exceeding 540 million yuan for stock repurchase [2]. - Goodway plans to repurchase shares worth between 100 million to 150 million yuan and has obtained a loan commitment from CITIC Bank [2]. - Yanshan Technology plans to repurchase shares worth between 40 million to 60 million yuan, with loans not exceeding 50 million yuan [2]. Group 2: Companies Announcing Shareholding Increases - Xinhua Medical's controlling shareholder obtained a commitment for a special loan not exceeding 180 million yuan for shareholding increase [2]. - Hainan Development's controlling shareholder, Hainan Holdings, received a commitment for a special loan not exceeding 153 million yuan for shareholding increase [2].

浙江嘉化能源化工股份有限公司 关于股份回购进展情况的公告 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： | 回购方案首次披露日 | | 2025/4/10 | | | | | | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 年年度股东大会审议 | 2025 年 4 | 月 | 30 | 日公司 | 2024 | | | 12 个月 | 通过后 | | | | | | 预计回购金额 | 40,000万元~60,000万元 | | | | | | | 回购用途 | √减少注册资本 √用于员工持股计划或股权激励 | | | | | | | | □用于转换公司可转债 | | | | | | | | □为维护公司价值及股东权益 | | | | | | | 累计已回购股数 | | 0万股 | | | | | | 累计已回购股数占总股本比例 | | 0% | | | | | | 累计已回购金额 | | 0万元 | | | | | 证券代码：600273 证券 ...

一、回购股份的基本情况 浙江嘉化能源化工股份有限公司（以下简称"公司"）分别于 2025 年 4 月 9 日、 2025 年 4 月 30 日召开第十届董事会第十一次会议、2024 年年度股东大会，审议通 过了《关于以集中竞价交易方式回购股份方案的议案》(以下简称"2025 年回购计 划")，同意公司以不低于人民币 40,000 万元、不超过人民币 60,000 万元的自有资 金及自筹资金通过集中竞价交易方式回购股份，回购价格为不超过 12.01 元/股，回 购期限为自股东大会审议通过回购股份方案之日起不超过 12 个月。有关本次回购股 份事项的具体情况详见公司于 2025 年 4 月 10 日及 2025 年 5 月 1 日在上海证券交易 所网站（www.sse.com.cn）披露的《关于以集中竞价交易方式回购股份方案的公告》、 《关于以集中竞价交易方式回购股份的回购报告书》。经公司实施 2024 年年度利润 分配方案后，公司以集中竞价方式回购股份的价格上限由不超过人民币 12.01 元/ 股调整为不超过人民币 11.82 元/股。详见公司于 2025 年 5 月 30 日在上海证券交易 所网站（www.s ...

证券代码：600273 股票简称：嘉化能源 编号：2025-032 浙江嘉化能源化工股份有限公司 关于调整回购股份价格上限的公告 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： 浙江嘉化能源化工股份有限公司(以下简称"公司")实施 2024 年年度利润分 配方案后，公司以集中竞价方式回购股份的价格上限由不超过人民币 12.01 元/股调 整为不超过人民币 11.82 元/股。 一、回购股份的基本情况 公司分别于 2025 年 4 月 9 日、2025 年 4 月 30 日召开第十届董事会第十一次会 议、2024 年年度股东大会，审议通过了《关于以集中竞价交易方式回购股份方案的 议案》(以下简称"2025 年回购计划")，同意公司以不低于人民币 40,000 万元、 不超过人民币 60,000 万元的自有资金及自筹资金通过集中竞价交易方式回购股份， 回购价格为不超过 12.01 元/股，回购期限为自股东大会审议通过回购股份方案之日 起不超过 12 个月。有关本次回购股份事项的具体情况详见公司于 2025 年 4 ...

Core Viewpoint - Jiaxing City is advancing the construction of a strong manufacturing innovation city by focusing on the high-end, intelligent, and green development paths, establishing a modern industrial structure through the "135N" advanced manufacturing cluster system [1][14]. Group 1: New Quality Productive Forces - New Quality Productive Forces, introduced by President Xi Jinping, emphasize innovation as the main driving force, characterized by high technology, efficiency, and quality, aligning with the new development concept [2]. - This concept is crucial for promoting high-quality economic development and constructing a modern industrial system [2]. Group 2: Economic Performance of Jiaxing City - Jiaxing's GDP reached 756.95 billion yuan in 2024, with a year-on-year growth of 5.6%, surpassing the national average [4]. - The industrial structure is optimized, with the primary, secondary, and tertiary industries contributing 2.0%, 49.5%, and 48.5% respectively [4]. Group 3: Industrial Development and Innovation - Jiaxing has implemented a strong manufacturing strategy, achieving a 6.5% year-on-year increase in industrial added value, contributing 45.2% to economic growth [6]. - In 2024, 24 out of 33 major industrial sectors experienced growth, with advanced manufacturing sectors like electrical machinery and equipment manufacturing showing significant increases of 19.8% and 17.7% respectively [7]. Group 4: Technological Innovation and Intellectual Property - Jiaxing saw a total of 39,500 patent authorizations in 2024, with a notable 5,953 invention patents, marking a 22.2% increase [9]. - The city has recognized 579 new national high-tech enterprises, bringing the total to 4,509, and 1,500 new provincial technology-based SMEs, totaling 10,694 [9]. Group 5: Policy Framework for New Quality Productive Forces - The "New Quality Productive Forces" strategy was included in the State Council's work report, guiding the construction of a modern industrial system [11]. - Jiaxing has established a "1+N" policy system to support the development of new quality productive forces, with various policies targeting emerging industries and traditional industry upgrades [11]. Group 6: Modern Industrial System - Jiaxing's modern industrial system is supported by three major industries: chemical new materials, intelligent photovoltaics, and high-end equipment, with emerging industries like integrated circuits and hydrogen energy as growth drivers [22]. - The city aims to create a significant impact in the Yangtze River Delta region through its advanced manufacturing clusters [14][15]. Group 7: Future Development Trends - Jiaxing is expected to see a rise in strategic emerging industries, with a target of over 45% by 2027, and aims to establish 2-3 globally leading technology standard clusters [26]. - The city plans to enhance digital transformation, with 80% of large-scale enterprises expected to complete intelligent upgrades [27].

证券代码：600273 证券简称：嘉化能源 公告编号：2025-031 浙江嘉化能源化工股份有限公司 2024年年度权益分派实施公告 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： ● 每股分配比例 A股每股现金红利0.2元 一、通过分配方案的股东大会届次和日期 本次利润分配方案经浙江嘉化能源化工股份有限公司（以下简称"公司"）2025年4月30日的2024年度股 东大会审议通过。 二、分配方案 1.发放年度：2024年年度 价： 除权（息）参考价格=[（前收盘价格-现金红利）+配（新）股价格×流通股份 变动比例]÷（1+流通股份变动比例）。 根据公司2024年年度股东大会决议通过的利润分配预案，公司本次仅进行现金红利分配，无送股和转增 分配，因此，公司流通股不会发生变化，流通股股份变动比例为0。由于本次分红为差异化分红，上述 ● 相关日期 ■ ● 差异化分红送转： 是 2.分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分公司（以下简 称"中国结算上海分公司"）登记在册的 ...

证券代码：600273 证券简称：嘉化能源 公告编号：2025-031 浙江嘉化能源化工股份有限公司2024年年度权益分派实施公告 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： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 根据《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等有关 规定，公司存放于回购专用证券账户的股份不参与利润分配。 公司以 2025 年 5 月 28 日（股权登记日）总股本 1,391,045,207 股，扣除已回 购的股份 44,165,685 股，即以 1,346,879,522 股为基数，向全体股东按每 10 股 派发现金红利 2.00 元（含税），合计拟派发现金红利不超过 269,375,904.40 元。 ? 每股分配比例 A 股每股现金红利0.2元 ? 相关日期 | | | ? 差异化分红送转： 是 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经浙江嘉化能 ...

海润天睿律师事务所 北京海润天睿律师事务所 关于浙江嘉化能源化工股份有限公司 差异化分红事项的专项说明 致:浙江嘉化能源化工股份有限公司 北京海润天睿律师事务所(以下简称"本所")接受浙江嘉化能源化工股份 有限公司(以下简称"嘉化能源"或"公司"）的委托,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》"）、《上海证券交易所上市公司自律监管指引第7号 -- 回购股 份》(以下简称"《自律指引了号》")等相关法律、行政法规、部门规章及其 他规范性文件(以下简称"法律法规")以及《浙江嘉化能源化工股份有限公司 章程》（以下简称"《公司章程》"）,就嘉化能源 2024年年度利润分配所涉 及的差异化分红（以下简称"本次差异化分红"）相关事项出具本专项说明。 本所依据《证券法》《律师事务所从事证券法律业务管理办法》和《律师事 务所证券法律业务执业规则(试行)》等规定及本专项说明出具目以前已经发生 或者存在的事实,严格履行了法定职责,遵循了勤勉尽责和诚实信用原则,保证 本专项说明所认定的事实真实、准确、完整,所发表的结论性意见合法、准确。 本专项说明中不存在虚假记 ...

证券代码：600273 证券简称：嘉化能源 公告编号：2025-031 浙江嘉化能源化工股份有限公司2024年年度权益分派实施公告 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： 每股分配比例 A 股每股现金红利0.2元 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/5/28 | － | 2025/5/29 | 2025/5/29 | 差异化分红送转： 是 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经浙江嘉化能源化工股份有限公司（以下简称"公司"）2025 年 4 月 30 日的2024年度股东大会审议通过。 二、 分配方案 1. 发放年度：2024年年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 根据《上海证券交易所上市公司自律监管指引第 ...

Core Viewpoint - The recent performance of the China Securities Dividend Low Volatility 100 Index and its associated ETF indicates a growing interest in stable dividend-paying stocks, particularly in the coal sector, amidst market volatility and changing economic policies [4][5]. Group 1: Index and ETF Performance - As of May 21, 2025, the China Securities Dividend Low Volatility 100 Index rose by 0.66%, with key stocks like Shaanxi Coal and China Shenhua showing significant gains of 4.90% and 2.86% respectively [3]. - The Dividend Low Volatility 100 ETF (159307) has seen a price increase of 0.57%, marking its third consecutive rise, with a latest price of 1.06 yuan [3]. - The ETF's trading volume reached 504.55 million yuan, with a turnover rate of 0.54% during the session [3]. Group 2: Market Sentiment and Investment Trends - Recent U.S. tariff policies have impacted market sentiment, leading investors to seek stable assets, particularly in the coal sector where inventory levels are decreasing and coal prices are stabilizing [4]. - Several state-owned coal enterprises have initiated share buybacks and asset injection plans, reflecting confidence in the coal industry's growth and stability [4]. Group 3: Fund Flows and Performance Metrics - The Dividend Low Volatility 100 ETF recorded a net inflow of 1,050.77 million yuan, with nine out of the last ten trading days showing positive net inflows totaling 2,189.61 million yuan [5]. - The ETF has achieved a 6.54% increase in net value over the past year, ranking first among comparable funds [6]. - The ETF's management fee is 0.15%, and its tracking error over the past two months is 0.032%, indicating strong performance relative to its benchmark [6]. Group 4: Top Holdings - As of April 30, 2025, the top ten weighted stocks in the index include Jizhong Energy, Daqin Railway, and Xiamen International Trade, collectively accounting for 19.66% of the index [7].