Core Viewpoint - Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC) has announced its external guarantee plan for 2025, detailing the amounts and conditions of guarantees provided to its subsidiaries, ensuring stable operational continuity and addressing the guarantee needs of its holding companies [2][3]. Summary by Relevant Sections Guarantee Overview - The total guarantee amount for 2025 is set at approximately RMB 3.433 billion, with financing guarantees totaling RMB 1.444 billion, non-financing guarantees at RMB 714 million, and engineering guarantees at RMB 1.275 billion [3]. - The guarantees are exclusively for the company's holding subsidiaries, with the plan effective from the date of approval at the 2024 annual shareholders' meeting until the 2025 annual shareholders' meeting [3]. Guarantee Progress - As of June 30, 2025, the total external guarantees provided by the company and its subsidiaries amount to RMB 468.0054 million, with no overdue guarantees reported [2][3]. - The guarantees provided to ZPMC Korea Co., Ltd., ZPMC Engineering (Malaysia) SDN. BHD., and ZPMC Panama Corporation are within the previously estimated limits, with no counter-guarantees in place [2][3]. Financial Indicators of Guaranteed Entities - ZPMC Korea Co., Ltd. reported total assets of RMB 178.47 million and a net profit of RMB 18.06 million for the first half of 2025 [4]. - ZPMC Engineering (Malaysia) SDN. BHD. had total assets of RMB 66.04 million and a net profit of RMB 2.82 million for the same period [4]. - ZPMC Panama Corporation's financials were not detailed in the provided documents, but it is noted as a wholly-owned subsidiary of ZPMC [4]. Necessity and Reasonableness of Guarantees - The guarantees are deemed necessary for the daily business development of the holding companies, with all guaranteed entities being subsidiaries of ZPMC, indicating a controlled risk environment [5]. - The board of directors supports the guarantee plan as it aligns with the company's operational stability and overall development strategy [5].

Core Viewpoint - The company has implemented a comprehensive action plan aimed at enhancing quality, efficiency, and shareholder returns by 2025, aligning with national strategies and improving operational performance across various sectors [1][2][3][4][5][6] Group 1: Strategic Focus and Operational Improvement - The company is committed to national strategies such as "Manufacturing Power" and "Digital China," enhancing strategic planning and execution [1] - The company achieved a net profit of approximately 344 million yuan, representing a year-on-year increase of about 12.37% [1] - The company has expanded its market presence, entering the 110th country with its port machinery products and securing significant contracts in Morocco and Australia [1] Group 2: Governance and Reform - The company is enhancing its governance structure in line with the new Company Law, focusing on board effectiveness and compliance training for key personnel [2][3] - Over 52 management regulations have been revised or established to improve the governance framework [2] Group 3: Innovation and Technology - The company is advancing technological innovation in areas such as port machinery and marine engineering, achieving breakthroughs in key components and systems [3] - The company has launched several digital transformation initiatives, including the implementation of an ERP system in overseas regions [3] Group 4: Investor Relations and ESG Management - The company is committed to improving information disclosure and investor relations, ensuring transparency and responsiveness to investor needs [4] - An ESG report for 2024 is planned, integrating ESG governance into various operational practices [4] Group 5: Value Management and Shareholder Returns - The company has established a value management mechanism to enhance shareholder returns, including a cash dividend policy with a payout ratio of 54.31% for 2024, an increase of 3.68 percentage points from 2023 [5][6] - A share repurchase plan has been initiated to reduce registered capital and boost investor confidence [6]

《上海证券交易所股票上市规则》等相关法律法规要求的任职资格。 证券代码：600320 900947 证券简称：振华重工 振华 B 股 公告编号：临 2025-039 上海振华重工（集团）股份有限公司 关于聘任证券事务代表的公告 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。 上海振华重工（集团）股份有限公司（以下简称振华重工或公司）于 2025 年 8 月 29 日召开第九届董事会第十五次会议，审议通过了 《关于审议 <聘任公> 司证券事务代表>的议案》。同意聘任曹陆女士担任公司证券事务代表，任期自董 事会审议通过之日起至第九届董事会的任期届满之日止。 曹陆女士已取得上海证券交易所董事会秘书任职培训证明，具备履行职责所 必需的专业知识、相关素质与工作经验，能够胜任相关岗位职责的要求，符合《公 司法》 上海振华重工（集团）股份有限公司董事会 附件 1： 曹陆女士：1983 年出生，中国国籍，硕士研究生学历。2010 年 3 月参加工 作，2015 年 5 月起先后任振华重工财务资金部主管、中交投资开发启东有限公 司财务负责人、振 ...

Company Overview - China Communications Finance Co., Ltd. (referred to as "the finance company") was established in July 2013 as a non-bank financial institution approved by the China Banking and Insurance Regulatory Commission [2] - The finance company was jointly funded by China Communications Construction Group Co., Ltd. and China Communications Construction Company Limited, with an initial registered capital of 3.5 billion RMB, which was increased to 7 billion RMB in October 2021 [2][3] - The finance company is authorized to conduct various financial services, including accepting deposits, providing loans, and engaging in financial consulting and investment activities [2][3][4] Internal Control Structure - The finance company has established a governance structure that includes a shareholders' meeting, board of directors, supervisory board, and management team, adhering to principles of separation of powers and effective checks and balances [3][4] - Specialized committees such as the Audit Committee, Risk Management Committee, and Strategic Committee are in place to oversee various aspects of the company's operations and risk management [4][5] - The management team is responsible for daily operations, with clear reporting relationships and responsibilities across different departments [5][6] Operational Performance - As of June 30, 2025, the finance company reported total assets of 95.113 billion RMB, operating income of 1.083 billion RMB, total profit of 550 million RMB, and net profit of 406 million RMB, indicating sound operational performance [9] - The company maintains a zero non-performing loan rate and has not faced any regulatory penalties, reflecting stable and controllable overall risk [9][10] - The finance company has a significant role in managing group funds, with a deposit balance of 1.481 billion RMB and a loan balance of 81 million RMB as of June 30, 2025 [9] Risk Management - The finance company operates under a valid financial license and adheres to regulatory requirements set by national financial supervisory authorities [10] - The company has established comprehensive risk control measures and has been compliant with the "Enterprise Group Financial Company Management Measures" since its inception, with no significant deficiencies in risk management identified [10]

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。 根据《公司法》《公司章程》等相关规定，上海振华重工（集团）股份有限 公司（以下简称公司）于 2025 年 8 月 29 日召开职工代表大会，本次会议的召集、 召开和表决程序符合职工代表大会的相关规定。 经职工代表大会审议通过，选举王成先生（简历见附件）为公司职工董事， 任期自本次职工代表大会通过之日起至公司第九届董事会任期届满之日止。王成 先生由原公司第九届董事会非职工董事，调整为公司第九届董事会职工董事，董 事会构成人员不变。 王成先生的任职资格符合相关法律法规、行政法规、规范性文件对董事任职 资格的要求，不存在《公司法》 《上海证券交易所股票上市规则》及《公司章程》 证券代码：600320 900947 证券简称：振华重工 振华 B 股 公告编号：临 2025-043 上海振华重工（集团）股份有限公司 关于选举职工董事的公告 等规定的不得担任公司董事的情形，不属于失信被执行人，未受到过中国证监会 及其他有关部门的处罚以及证券交易所的惩戒和公开谴责，亦不存在因涉嫌犯罪 被司法机 ...

第一条 为规范上海振华重工（集团）股份有限公司（以 下简称公司）信息披露暂缓、豁免行为，加强信息披露管理， 保护投资者的合法权益，根据《中华人民共和国保守国家秘密 法》 《中华人民共和国证券法》 《上市公司信息披露管理办法》 《上市公司信息披露暂缓与豁免管理规定》 《上海证券交易所 上海振华重工（集团）股份有限公司 信息披露暂缓与豁免事务管理办法 第一章 总则 股票上市规则》、公司章程以及公司《信息披露事务管理办法》 等规定，制定本办法。 第二条 公司和其他信息披露义务人暂缓、豁免披露临 时报告，在定期报告、临时报告中豁免披露中国证券监督管理 委员会和上海证券交易所规定或者要求披露的内容，适用本 办法。 第三条 公司和其他信息披露义务人应当真实、准确、 完整、及时、公平地披露信息，不得滥用暂缓或者豁免披露规 避信息披露义务、误导投资者，不得实施内幕交易、操纵市场 等违法行为。 第四条 公司和其他信息披露义务人应当审慎确定信息 披露暂缓、豁免事项，履行内部审核程序后实施。 第二章 暂缓、豁免披露信息的范围及其管理 第五条 公司及相关信息披露义务人有确实充分的证 据证明拟披露的信息涉及国家秘密或者其他因披露可能导 ...

Core Points - The document outlines the information disclosure management measures for Shanghai Zhenhua Heavy Industries Co., Ltd. to ensure compliance with relevant laws and regulations, protecting the rights of the company and its investors [1][2][3] Group 1: General Principles - The information disclosure obligations apply to the company, its directors, senior management, shareholders, and other related parties [2][3] - The company must ensure that disclosed information is true, accurate, complete, timely, and fair [2][3][4] Group 2: Disclosure Procedures - Information must be disclosed on the Shanghai Stock Exchange's website and in other media as required by the China Securities Regulatory Commission [3][4] - The company cannot substitute required reports with press releases or other informal communications [3][4] Group 3: Types of Reports - The company is required to disclose periodic reports, including annual, semi-annual, and quarterly reports, which must be audited by a qualified accounting firm [7][8] - The content of periodic reports must include key financial data, shareholder information, and significant events affecting the company [7][8] Group 4: Timeliness and Fairness - The company must disclose significant information simultaneously to all investors to ensure equal access [5][6] - Any voluntary disclosures must not conflict with legally required disclosures and should be made with caution to avoid misleading investors [5][6] Group 5: Internal Control and Supervision - The company must establish internal controls for financial management and accounting to ensure the integrity of financial information [30][31] - The audit and risk committee is responsible for overseeing the company's internal controls and external audits [30][31] Group 6: Confidentiality and Record Keeping - Company personnel involved in information disclosure must maintain confidentiality before public disclosure [66][67] - All disclosure documents must be archived for a minimum of ten years [69][70]

法律意见书 国浩律师（上海）事务所 关 于 上海振华重工（集团）股份有限公司 2023 年股票期权激励计划 首次授予及预留授予股票期权行权价格调整 及注销部分股票期权相关事项 的 上海市山西北路 99 号苏河湾中心 25-28 楼 邮编：200085 25-28/F, Suhe Centre, 99 North Shanxi Road, Jing'an District, Shanghai, China 电话/Tel: (+86)(21) 5234 1668 传真/Fax: (+86)(21) 5234 1670 网址/Website: http://www.grandall.com.cn 2025 年 8 月 国浩（上海）律师事务所 法律意见书 国浩律师（上海）事务所 关于上海振华重工（集团）股份有限公司 首次授予及预留授予股票期权行权价格调整 及注销部分股票期权相关事项的 法律意见书 致：上海振华重工（集团）股份有限公司 国浩律师（上海）事务所（以下简称"本所"）接受上海振华重工（集团）股 份有限公司（以下简称"振华重工"或"公司"）的委托，作为其实施 2023 年股票 期权激励计划（以下简称"本次激励计 ...

上海振华重工（集团）股份有限公司2025 年半年度报告 公司代码：600320 900947 公司简称：振华重工 振华 B 股 重要提示 一、 本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不 存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人由瑞凯、主管会计工作负责人李振及会计机构负责人（会计主管人员）王敏斐 声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 上海振华重工（集团）股份有限公司 2025 年半年度报告 1 / 232 上海振华重工（集团）股份有限公司2025 年半年度报告 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请投资 者注意投资风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准 ...

上海振华重工（集团）股份有限公司 信息披露暂缓与豁免事务管理办法 第四条 公司和其他信息披露义务人应当审慎确定信息 披露暂缓、豁免事项，履行内部审核程序后实施。 第二章 暂缓、豁免披露信息的范围及其管理 第五条 公司及相关信息披露义务人有确实充分的证 据证明拟披露的信息涉及国家秘密或者其他因披露可能导致 违反国家保密规定、管理要求的事项（以下统称国家秘密）， 依法豁免披露。 第六条 公司和其他信息披露义务人有保守国家秘密 的义务，不得通过信息披露、投资者互动问答、新闻发布、接 受采访等任何形式泄露国家秘密，不得以信息涉密为名进行 业务宣传。 公司董事长、董事会秘书应当增强保守国家秘密的法律 意识，保证所披露的信息不违反国家保密规定。 第七条 公司及相关信息披露义务人拟披露的信息涉 及商业秘密或者保密商务信息（以下统称商业秘密），符合下 列情形之一，且尚未公开或者泄露的，可以暂缓或者豁免披露： 第一章 总则 第一条 为规范上海振华重工（集团）股份有限公司（以 下简称公司）信息披露暂缓、豁免行为，加强信息披露管理， 保护投资者的合法权益，根据《中华人民共和国保守国家秘密 法》《中华人民共和国证券法》《上市公司信息 ...