北京市中咨律师事务所 关于 国家电投集团远达环保股份有限公司 发行股份及支付现金购买资产并募集配套 资金暨关联交易 之 补充法律意见书（四） 北京市西城区平安里西大街 26 号新时代大厦 5-8 层邮编：100034 电话：+86-10-66091188 传真：+86-10-66091616 网址：http://www.zhongzi.com.cn/ 二〇二五年九月 北京市中咨律师事务所 关于 国家电投集团远达环保股份有限公司发行股份及支付现金 购买资产并募集配套资金暨关联交易 之 补充法律意见书（四） | | | 远达环保发行股份及支付现金购买资产并募集配套资金暨关联交易之补充法律意见书（四） 致：国家电投集团远达环保股份有限公司 北京市中咨律师事务所（以下简称本所）受国家电投集团远达环保股份有限 公司（以下简称上市公司、远达环保）委托，指派贾向明、吴楠律师作为远达环 保拟通过发行股份及支付现金的方式购买中国电力国际发展有限公司（以下简称 中国电力）、湖南湘投国际投资有限公司（以下简称湘投国际）合计持有的五凌 电力有限公司（以下简称五凌电力）的 100%股权以及国家电投集团广西电力有 限公司（以下简称广西公 ...

中信建投证券股份有限公司 关于 国家电投集团远达环保股份有限公司 发行股份及支付现金购买资产 并募集配套资金暨关联交易 之 独立财务顾问报告（注册稿） 独立财务顾问 二〇二五年九月 独立财务顾问声明和承诺 中信建投证券股份有限公司受国家电投集团远达环保股份有限公司的委托担任本 次交易的独立财务顾问。根据《公司法》《证券法》《重组管理办法》《发行注册管 理办法》《上市公司并购重组财务顾问业务管理办法》等法律、法规的有关规定，按 照证券行业公认的业务标准、道德规范，本着诚实信用、勤勉尽责精神，遵循客观、 公正的原则，在认真审阅相关资料和充分了解本次交易行为的基础上，本独立财务顾 问就本次交易的相关事项出具本独立财务顾问报告。 一、独立财务顾问声明 1、本独立财务顾问与本次交易所涉及的交易各方不存在利害关系，就本次交易发 表意见是完全独立的； 2、本独立财务顾问报告所依据的文件、材料由本次交易的相关各方向本独立财务 顾问提供。相关各方已承诺在本次交易过程中所提供的信息真实、准确、完整，不存 在虚假记载、误导性陈述或者重大遗漏。本独立财务顾问不承担由此引起的任何风险 责任； 3、本独立财务顾问报告是基于相关各方均按相 ...

股票代码：600292.SH 股票简称：远达环保 上市地点：上海证券交易所 国家电投集团远达环保股份有限公司 发行股份及支付现金购买资产 独立财务顾问 二〇二五年九月 远达环保发行股份及支付现金购买资产并募集配套资金暨关联交易报告书（草案）摘要（注册稿） 上市公司声明 本公司及本公司全体董事、高级管理人员保证报告书及其摘要内容的真实、准确、 完整，对报告书及其摘要的虚假记载、误导性陈述或重大遗漏负相应的法律责任。 并募集配套资金暨关联交易 报告书（草案）摘要 （注册稿） | 交易对方类型 | 交易对方名称 | | --- | --- | | 发行股份及支付现金购买资产 | 中国电力国际发展有限公司 | | | 国家电投集团广西电力有限公司 | | | 湖南湘投国际投资有限公司 | | 募集配套资金 | 不超过 35 名符合条件的特定投资者 | 本公司控股股东、董事、高级管理人员承诺，如本次交易因涉嫌所提供或者披露 的信息存在虚假记载、误导性陈述或者重大遗漏而被司法机关立案侦查或者被中国证 券监督管理委员会立案调查的，在案件调查结论明确之前，将暂停转让所持有的上市 公司股份（如有）。将于收到立案稽查通知的两个交 ...

股票代码：600292.SH 股票简称：远达环保 上市地点：上海证券交易所 国家电投集团远达环保股份有限公司 发行股份及支付现金购买资产 二〇二五年九月 远达环保发行股份及支付现金购买资产并募集配套资金暨关联交易报告书（草案） 上市公司声明 本公司及本公司全体董事、高级管理人员保证本报告书及其摘要内容的真实、准 确、完整，对本报告书及其摘要的虚假记载、误导性陈述或重大遗漏负相应的法律责 任。 独立财务顾问 并募集配套资金暨关联交易 报告书（草案） （注册稿） | 交易对方类型 | 交易对方名称 | | --- | --- | | 发行股份及支付现金购买资产 | 中国电力国际发展有限公司 | | | 国家电投集团广西电力有限公司 | | | 湖南湘投国际投资有限公司 | | 募集配套资金 | 不超过 名符合条件的特定投资者 35 | 本公司控股股东、董事、高级管理人员承诺，如本次交易因涉嫌所提供或者披露 的信息存在虚假记载、误导性陈述或者重大遗漏而被司法机关立案侦查或者被中国证 券监督管理委员会立案调查的，在案件调查结论明确之前，将暂停转让所持有的上市 公司股份（如有）。将于收到立案稽查通知的两个交易日内将暂停 ...

上海证券交易所并购重组审核委员会（以下简称"上交所重组委"） 于 2025 年 9 月 17 日召开 2025 年第 16 次并购重组审核委员会审议会 议，对公司本次交易的申请进行了审议。根据上交所重组委发布的《上 海证券交易所并购重组审核委员会 2025 年第 16 次审议会议结果公 告》，本次会议的审议结果为：本次交易符合重组条件和信息披露要 求。结合上交所重组委审核通过本次交易等实际情况，公司对《国家 电投集团远达环保股份有限公司关于发行股份及支付现金购买资产 并募集配套资金暨关联交易报告书（草案）》（以下简称"重组报告书"） 进行了修订，并披露了重组报告书（注册稿）。 证券代码：600292 证券简称：远达环保 编号：临 2025－065 号 国家电投集团远达环保股份有限公司 关于发行股份及支付现金购买资产并募集配套资金暨 关联交易报告书（草案）（注册稿） 的修订说明公告 本公司董事会及全体董事保证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个别及连带责任。 国家电投集团远达环保股份有限公司（以下简称"公司"）拟通 过发行股份及支付现金的方式向中国电力国 ...

Group 1 - Dagan Holdings' shareholder plans to reduce holdings by up to 3% of the company's shares, totaling approximately 9.52 million shares [1] - China Resources Sanjiu intends to invest up to 10 billion yuan of its own funds in bank wealth management products, with a rolling investment strategy [1] - Xinyu Guoke's shareholder plans to reduce holdings by up to 1% of the company's shares, totaling approximately 276.76 thousand shares [3] Group 2 - Tianpu Co. has completed the stock trading suspension review and will resume trading after a period of abnormal price fluctuations [5] - Xinhang New Materials' controlling shareholder plans to reduce holdings by up to 2% of the company's shares, totaling approximately 174.88 thousand shares [6] - Yinbang Co.'s shareholder plans to reduce holdings by up to 3% of the company's shares, totaling approximately 24.66 million shares [7] Group 3 - Yuanfei Pet's shareholders plan to collectively reduce holdings by up to 3.48% of the company's shares, totaling approximately 565.14 thousand shares [7] - Changchun High-tech's subsidiary will gain exclusive agency rights for three products in mainland China [9] - Hanyi Co.'s controlling shareholder plans to reduce holdings by up to 3% of the company's shares, totaling approximately 294 thousand shares [10] Group 4 - Zhongcai Energy's subsidiary signed a total contract worth 347 million yuan for a project in Hubei Province [11] - Ruifeng Bank's shareholder reduced holdings by 408.83 thousand shares, decreasing their ownership from 6.10% to 5.89% [12] - Shanghai Construction's gold business revenue is low, accounting for less than 0.5% of total revenue [13] Group 5 - Guanggang Gas's shareholder plans to reduce holdings by up to 2.63 million shares, approximately 1.9994% of the company's total shares [14] - Kairun Co.'s controlling shareholder has decided to terminate the share reduction plan early [15] - Boyun New Materials' shareholder plans to reduce holdings by up to 1% of the company's shares, totaling approximately 573 thousand shares [16] Group 6 - Yuanda Environmental's acquisition of assets and fundraising has been approved by the Shanghai Stock Exchange [17] - ST Ningke's stock will be subject to delisting risk warning due to the company's restructuring [18] - Anke Biotech's investee company has received approval for a key II phase clinical trial for a new injection [19] Group 7 - Shuanglu Pharmaceutical's director plans to reduce holdings by up to 37.52 thousand shares, approximately 0.0365% of the company's total shares [20] - Zhongji Xuchuang's specific shareholder's holding ratio changed by more than 1% [21] - ST Nanzhi plans to sell real estate development and leasing business assets for 1 yuan to focus on urban operation [22]

Core Viewpoint - The company is planning to acquire 100% equity of Wuling Power and 64.93% equity of Changzhou Hydropower through a combination of issuing shares and cash payments, which constitutes a significant asset restructuring transaction [2][3][6]. Group 1: Transaction Details - The company intends to purchase 63% equity of Wuling Power from China Power, 37% equity from Xiangtou International, and 64.93% equity of Changzhou Hydropower from Guangxi Company [2]. - The total transaction price for Wuling Power is approximately 2,466,734.20 million yuan, with 2,096,800.00 million yuan paid in shares and 369,934.20 million yuan in cash [3]. - The total transaction price for Changzhou Hydropower is approximately 306,818.98 million yuan, with 260,800.00 million yuan paid in shares and 46,018.98 million yuan in cash [3]. - The total payment for the entire transaction amounts to 2,773,553.18 million yuan [3][4]. Group 2: Share Issuance and Pricing - The share issuance price is set at 6.55 yuan per share, which is not lower than 80% of the average stock price over the previous 20, 60, and 120 trading days [2]. - The number of shares to be issued for the asset acquisition is approximately 3,599,389,311 shares, accounting for about 82.17% of the total share capital after the issuance [4]. Group 3: Fundraising and Usage - The company plans to raise up to 500,000.00 million yuan through a targeted issuance of shares, which will be used for construction projects of the acquired assets, cash payments for the restructuring, intermediary fees, and related taxes [5][6]. - The fundraising will be allocated equally between the construction of wind power projects in Hunan Province and payment of restructuring cash consideration and intermediary fees [7]. Group 4: Financial Performance - For the fiscal year 2024, Wuling Power is projected to have a revenue of 596,874.04 million yuan, a significant increase from 436,491.11 million yuan in 2023 [8]. - Changzhou Hydropower is expected to report a revenue of 95,466.21 million yuan for 2024, up from 87,690.29 million yuan in 2023 [11]. - The net profit for Wuling Power in 2024 is projected to be 71,632.03 million yuan, a recovery from a loss of 35,020.36 million yuan in 2023 [9].

登录新浪财经APP 搜索【信披】查看更多考评等级 来源：上海证券报·中国证券网 远达环保提示，本次交易尚需经中国证监会同意注册后方可正式实施，本次交易能否完成注册，以及最 终取得注册的时间均存在不确定性。（王屹） 据悉，公司拟通过发行股份及支付现金的方式向中国电力国际发展有限公司购买其持有五凌电力有限公 司63%股权、向湖南湘投国际投资有限公司购买其持有五凌电力37%股权以及向国家电投集团广西电力 有限公司购买其持有国家电投集团广西长洲水电开发有限公司64.93%股权，并拟向不超过35名符合条 件的特定投资者发行股份募集配套资金。此次交易预计构成重大资产重组，不构成重组上市，但构成关 联交易。 上证报中国证券网讯 在9月17日召开的上海证券交易所并购重组审核委员会2025年第16次并购重组审核 委员会审议会议上，远达环保重大资产重组过会，审议结果为："本次交易符合重组条件和信息披露要 求"。 ...

Core Viewpoint - The company plans to acquire a 63% stake in Wuling Power from China Power International Development Co., Ltd., a 37% stake from Hunan Xiangtou International Investment Co., Ltd., and a 64.93% stake in Guangxi Changzhou Hydropower Development Co., Ltd. from State Power Investment Corporation Guangxi Electric Power Co., Ltd. The acquisition will be financed through a combination of share issuance and cash payment, along with raising supporting funds from no more than 35 qualified specific investors [1][1][1] Group 1 - The company intends to purchase a total of 100% equity in Wuling Power, with 63% from China Power International and 37% from Hunan Xiangtou [1] - The company also aims to acquire a 64.93% stake in Guangxi Changzhou Hydropower Development Co., Ltd. from State Power Investment Corporation [1] - The Shanghai Stock Exchange's M&A Review Committee approved the transaction, confirming it meets restructuring conditions and information disclosure requirements [1][1][1]

Core Viewpoint - The company plans to acquire a 63% stake in Wuling Electric Power from China Power International Development Co., Ltd., a 37% stake from Hunan Xiangtou International Investment Co., Ltd., and a 64.93% stake in Guangxi Changzhou Hydropower Development Co., Ltd. from State Power Investment Corporation [1] Group 1 - The company intends to raise matching funds by issuing shares to no more than 35 qualified specific investors [1] - The Shanghai Stock Exchange's M&A Review Committee held a meeting on September 17, 2025, to review the company's transaction application [1] - The review committee concluded that the transaction meets the restructuring conditions and information disclosure requirements [1]