Core Viewpoint - Shanghai Zhenhua Heavy Industries Group Co., Ltd. is implementing a stock option incentive plan for 2023, which includes adjustments to the exercise price and the cancellation of certain stock options [1][10]. Summary by Sections Legal Framework - The legal opinion is based on various laws and regulations, including the Company Law, Securities Law, and specific guidelines for stock option incentives [2][3]. Approval and Authorization - The company has completed necessary approvals and authorizations for the incentive plan, including resolutions from the board and supervisory committee [4][5][10]. Stock Option Details - The initial grant involves 75.23 million stock options to 345 incentive targets, with an exercise price set at 3.31 yuan per share, effective from June 17, 2024 [6][7][10]. Adjustments to Exercise Price - The exercise price for the stock options has been adjusted to 3.26 yuan per share due to a cash dividend distribution of 0.55 yuan per share [8][11][12]. Cancellation of Stock Options - A total of 850,000 stock options will be canceled due to three incentive targets no longer qualifying, reducing the number of initial grants to 73.98 million options [11][12]. Information Disclosure - The company is committed to fulfilling its information disclosure obligations in accordance with relevant laws and regulations throughout the incentive plan's implementation [12].

证券代码：600320 900947 证券简称：振华重工 振华 B 股 公告编号：临 2025-040 上海振华重工（集团）股份有限公司 3.2024 年 3 月 23 日，公司披露了《振华重工关于实施股票期权激励计划获 得国务院国资委批复的公告》，公司收到控股股东中国交通建设集团有限公司通 知，根据国务院国有资产监督管理委员会《关于振华重工实施股票期权激励计划 的批复》（国资考分〔2024〕68 号），国务院国有资产监督管理委员会原则同 意公司实施股票期权激励计划。 关于调整公司 2023 年股票期权激励计划 授予股票期权行权价格的公告 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。 根据上海振华重工（集团）股份有限公司（以下简称公司或振华重工）2023 年年度股东大会授权，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<调整公司 2023 年股票期权激励计划授予股票期权行权价 格>的议案》等相关议案，公司首次授予的股票期权行权价格调整为 3.205 元/股、 预留授予的股票期权行 ...

证券代码：600320 900947 证券简称：振华重工 振华 B 股 公告编号：临 2025-041 上海振华重工（集团）股份有限公司 关于注销公司 2023 年股票期权激励计划 1.2023 年 12 月 26 日，公司召开第八届董事会第三十次会议和第八届监事会 第十七次会议，审议通过了《关于审议<振华重工长期股权激励计划（草案）及 其摘要>的议案》、《关于审议<振华重工 2023 年股票期权激励计划（草案）及 其摘要>的议案》、《关于审议<振华重工 2023 年股票期权激励计划实施考核管 理办法>的议案》、《关于审议<振华重工 2023 年股票期权激励计划管理办法> 的议案》等相关议案。 2.2024 年 3 月 20 日至 2024 年 3 月 29 日，公司内部对本次激励计划首次拟 授予激励对象名单及职务进行了公示。截至公示期满，公司监事会未收到任何组 织或个人对本次激励计划首次授予激励对象名单提出异议。 3.2024 年 3 月 23 日，公司披露了《振华重工关于实施股票期权激励计划获 得国务院国资委批复的公告》，公司收到控股股东中国交通建设集团有限公司通 知，根据国务院国有资产监督管理委员会《关 ...

证券代码：600320 900947 证券简称：振华重工 振华 B 股 公告编号：临 2025-040 上海振华重工（集团）股份有限公司 关于调整公司 2023 年股票期权激励计划 授予股票期权行权价格的公告 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。 根据上海振华重工（集团）股份有限公司（以下简称公司或振华重工）2023 年年度股东大会授权，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 <调整公司 ensp="ensp" 年股票期权激励计划授予股票期权行权价="年股票期权 激励计划授予股票期权行权价"> 格>的议案》等相关议案，公司首次授予的股票期权行权价格调整为 3.205 元/股、 预留授予的股票期权行权价格为 3.945 元/股。现将有关事项说明如下： 一、已履行的决策程序和信息披露情况 第十七次会议，审议通过了《关于审议 <振华重工长期股权激励计划 及="及" 草案="草案"> 其摘要>的议案》、《关于审议 <振华重工 ensp="ensp" 及="及" 年股票期权激 ...

证券代码：600320 900947 证券简称：振华重工 振华 B 股 公告编号：临 2025-041 上海振华重工（集团）股份有限公司 关于注销公司 2023 年股票期权激励计划 部分股票期权的公告 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。 根据上海振华重工（集团）股份有限公司（以下简称公司或振华重工）2023 年年度股东大会授权，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 <注销公司 ensp="ensp" 年股票期权激励计划部分股票期权="年股票期权激励计 划部分股票期权"> 的议 一、已履行的决策程序和信息披露情况 第十七次会议，审议通过了《关于审议 <振华重工长期股权激励计划 及="及" 草案="草案"> 其摘要>的议案》、《关于审议 <振华重工 ensp="ensp" 及="及" 年股票期权激励计划="年股票期权激励 计划" 草案="草案"> 其摘要>的议案》、《关于审议 <振华重工 ensp="ensp" 年股票期权激励计划实施考核管="年股票期权激 励计划实 ...

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 ...