Group 1 - The company will hold its fourth extraordinary general meeting of shareholders on September 10, 2025, at 14:30 in Nanchang, Jiangxi Province [1][2] - The voting will be conducted through a combination of on-site and online voting using the Shanghai Stock Exchange's shareholder meeting voting system [2][3] - The online voting period is set for September 10, 2025, with specific time slots for trading system voting and internet platform voting [1][3] Group 2 - The agenda for the meeting includes various proposals, such as the draft report on related party transactions and asset evaluation reports [2][6] - Shareholders must register to attend the meeting, with specific requirements for both individual and institutional shareholders [4][5] - The company emphasizes that no gifts will be distributed to attendees, and all expenses related to travel and accommodation will be borne by the shareholders themselves [5]

Core Viewpoint - The special legal opinion from Grandall Law Firm (Shanghai) regarding the abnormal performance of Guotour Cultural Investment Group Co., Ltd. before its major asset restructuring indicates that the company has complied with relevant commitments and legal requirements, and there are no significant irregularities in its operations or financial disclosures [1][2][3]. Group 1: Performance and Commitments - The company has made commitments since Jiangxi Tourism Group became its controlling shareholder, and these commitments have been fulfilled or are in progress, with no irregularities noted [19]. - Historical acquisition transactions have shown that the counterparty, Yihui Investment, failed to meet performance commitments for the years 2020, 2021, and 2022, resulting in compensation obligations totaling approximately 37.004 million yuan [8][9]. - The company has initiated legal proceedings to recover outstanding performance compensation from Yihui Investment, with recent court rulings favoring the company [9][10]. Group 2: Compliance and Regulatory Issues - The company has not engaged in any violations regarding fund occupation or external guarantees in the past three years, as confirmed by various audit reports [11][12]. - There have been no significant administrative or criminal penalties against the company or its key personnel in the last three years, and no ongoing investigations by judicial or regulatory authorities [15][19]. - The company received a warning from the Shanghai Stock Exchange in June 2023 due to previous accounting errors, but this does not constitute a major administrative penalty [15][19]. Group 3: Financial Reporting and Adjustments - The company misclassified performance compensation in its financial statements for 2019 and 2020, leading to a minor penalty from the China Securities Regulatory Commission, which has since been rectified [13][14]. - The adjustments made to the financial data have improved the accuracy of the company's reporting and compliance with regulatory standards [15].

Core Viewpoint - The company is undergoing a major asset restructuring by acquiring 100% of Jiangxi Runtian Industrial Co., Ltd. through a combination of issuing shares and cash payment, along with raising supporting funds [1][2] Summary by Relevant Sections Stock Price Fluctuation - The company's stock (ST United, stock code: 600358.SH) was suspended from trading starting May 15, 2025, due to the planned acquisition and fundraising [1] - Over the 20 trading days prior to the suspension, the stock price increased from 4.29 CNY to 4.73 CNY, representing a cumulative increase of 10.26% [1] - During the same period, the Shanghai Composite Index rose by 5.12%, and the Consumer Discretionary Index increased by 7.15% [1] - After adjusting for market and industry factors, the stock's price fluctuation did not exceed 20%, indicating no abnormal volatility [1] Confidentiality Measures - The company has established strict confidentiality protocols in compliance with legal and regulatory requirements, ensuring sensitive information is limited to a defined audience [2] - The company has adhered to its obligations to maintain confidentiality prior to the legal disclosure of the transaction [2]

Group 1 - The core point of the article is that ST United (SH 600358) held its ninth temporary board meeting on August 25, 2025, to review important documents related to its restructuring, including audit reports and asset evaluation reports [1] - For the year 2024, ST United's revenue composition is as follows: Internet advertising accounts for 78.61%, e-commerce business for 13.92%, tourism and food services for 7.38%, and other businesses for 0.09% [1] - As of the report date, ST United has a market capitalization of 3 billion yuan [1]

Core Viewpoint - The acquisition of Jiangxi Runtian Industrial Co., Ltd. by Guolv Cultural Investment Group Co., Ltd. is a strategic move aimed at enhancing the quality of listed companies, optimizing resource allocation, and promoting economic transformation in China [1][2]. Group 1: Transaction Details - Guolv plans to acquire 100% of Jiangxi Runtian for a total transaction price of 3.009 billion yuan, with an additional fundraising of up to 1.2 billion yuan through a share issuance to specific investors [1][2]. - After the transaction, Jiangxi Maitong will become the controlling shareholder of Guolv, while the Jiangxi Provincial State-owned Assets Supervision and Administration Commission will remain the actual controller [2][4]. Group 2: Strategic Importance - The Runtian brand will become a significant asset for Guolv, enhancing its brand competitiveness in the tourism consumption sector and contributing to the development of Jiangxi as a "strong tourism province" [2][3]. - Guolv aims to leverage Runtian's resources to create a tourism product industry chain that highlights Jiangxi's unique offerings, thereby increasing its market influence and competitiveness in the tourism goods sector [3][7]. Group 3: Asset Quality and Market Position - Runtian is recognized as a leading player in China's beverage industry, particularly in the packaged drinking water segment, with its brands enjoying strong recognition and reputation [5][6]. - Runtian's product range includes various bottle sizes and types, catering to diverse consumer needs, and it has implemented competitive pricing strategies to maintain market advantages [6][5]. - The financial performance of Runtian has shown significant growth, with projected revenues of 1.15 billion yuan and 1.26 billion yuan for 2023 and 2024, respectively, alongside net profits of 147 million yuan and 177 million yuan [6].

任何上市公司重大资产重组情形的说明 国旅文化投资集团股份有限公司董事会 关于本次交易相关主体不存在不得参与 特此说明。 国旅文化投资集团股份有限公司董事会 2025 年 8 月 25 日 1 国旅文化投资集团股份有限公司（以下简称"公司"或"上市公司"）拟以 发行股份及支付现金的方式购买江西润田实业股份有限公司（以下简称"润田实 业"或"标的公司"）100%股份并募集配套资金（以下简称"本次交易"或"本 次重组"）。 公司董事会就本次交易相关主体是否存在依据《上市公司监管指引第 7 号— —上市公司重大资产重组相关股票异常交易监管》第十二条或《上海证券交易所 上市公司自律监管指引第 6 号——重大资产重组》第三十条不得参与任何上市公 司重大资产重组的情形说明如下： 经审慎核查与判断，公司董事会认为：截至本说明出具日，本次交易相关主 体均不存在因涉嫌本次重组相关的内幕交易被立案调查或者立案侦查的情形，亦 不存在最近 36 个月内因涉嫌与重大资产重组相关的内幕交易被中国证监会作出 行政处罚或者司法机关依法追究刑事责任之情形，不存在《上市公司监管指引第 7 号——上市公司重大资产重组相关股票异常交易监管》第十二条及 ...

国旅文化投资集团股份有限公司董事会 关于本次交易构成重大资产重组但不构成重组上市的说明 根据《重组管理办法》第十二条及第十四条之规定，上市公司及其控股或者 控制的公司购买、出售资产，达到下列标准之一的，构成重大资产重组：（一） 购买、出售的资产总额占上市公司最近一个会计年度经审计的合并财务会计报告 期末资产总额的比例达到 50%以上；（二）购买、出售的资产在最近一个会计年 度所产生的营业收入占上市公司同期经审计的合并财务会计报告营业收入的比 例达到 50%以上，且超过 5,000 万元人民币；（三）购买、出售的资产净额占上 市公司最近一个会计年度经审计的合并财务会计报告期末净资产额的比例达到 50%以上，且超过 5,000 万元人民币。购买股权导致上市公司取得被投资企业控 股权的，其资产总额以被投资企业的资产总额和成交金额二者中的较高者为准， 营业收入以被投资企业的营业收入为准，资产净额以被投资企业的净资产额和成 交金额二者中的较高者为准。上市公司在 12 个月内连续对同一或者相关资产进 行购买、出售的，以其累计数分别计算相应数额。 根据上市公司、标的公司经审计的 2024 年财务数据以及本次交易作价情况， ...

国旅文化投资集团股份有限公司董事会 关于本次重组符合《上市公司重大资产重组管理办法》 第十一条、第四十三条及第四十四条规定的说明 国旅文化投资集团股份有限公司（以下简称"公司"或"上市公司"）拟以 发行股份及支付现金的方式购买江西润田实业股份有限公司（以下简称"润田实 业"或"标的公司"）100%股份并募集配套资金（以下简称"本次交易"或"本次重 组"）。 公司董事会就本次重组是否符合《上市公司重大资产重组管理办法》（以下 简称"《重组管理办法》"）第十一条、第四十三条及第四十四条规定进行了论证 与核查，并作出审慎判断如下： 一、本次重组符合《重组管理办法》第十一条规定 （一）本次重组符合国家产业政策和有关环境保护、土地管理、反垄断、外 商投资、对外投资等法律和行政法规的规定； （一）公司最近一年财务会计报告被会计师事务所出具无保留意见审计报 告； （二）公司及其现任董事、监事、高级管理人员不存在因涉嫌犯罪正被司法 机关立案侦查或涉嫌违法违规正被中国证监会立案调查的情形； （三）本次重组符合中国证监会规定的其他条件。 （六）本次重组有利于上市公司在业务、资产、财务、人员、机构等方面与 实际控制人及其关联人保持 ...

截至本公告披露日，在本次交易前十二个月内公司未发生与本次交易相关的 购买、出售资产的交易行为，不存在需要纳入累计计算范围的情形。 特此说明。 国旅文化投资集团股份有限公司董事会 2025 年 8 月 25 日 国旅文化投资集团股份有限公司董事会 关于本次重组前十二个月内公司购买、出售资产情况的说明 国旅文化投资集团股份有限公司（以下简称"公司"或"上市公司"） 拟以 发行股份及支付现金的方式购买江西润田实业股份有限公司（以下简称"润田实 业"或"标的公司"）100%股份并募集配套资金（以下简称"本次交易"或"本 次重组"）。 根据《上市公司重大资产重组管理办法》第十四条第一款第（四）项规定： "上市公司在十二个月内连续对同一或者相关资产进行购买、出售的，以其累计 数分别计算相应数额。已按照本办法的规定编制并披露重大资产重组报告书的资 产交易行为，无须纳入累计计算的范围。中国证监会对本办法第十三条第一款规 定的重大资产重组的累计期限和范围另有规定的，从其规定。交易标的资产属于 同一交易方所有或者控制，或者属于相同或者相近的业务范围，或者中国证监会 认定的其他情形下，可以认定为同一或者相关资产。" 根据《<上市公 ...

国旅文化投资集团股份有限公司董事会 关于本次交易符合《上市公司监管指引第 9 号——上市公司筹划和实 施重大资产重组的监管要求》第四条规定的说明 国旅文化投资集团股份有限公司（以下简称"公司"或"上市公司"）拟以 发行股份及支付现金的方式购买江西润田实业股份有限公司（以下简称"润田实 业"或"标的公司"）100%股份并募集配套资金（以下简称"本次交易"或"本次重 组"）。 公司董事会就本次重组是否符合《上市公司监管指引第 9 号——上市公司筹 划和实施重大资产重组的监管要求》第四条规定进行了论证与核查，并作出审慎 判断如下： 一、本次标的资产为润田实业 100%股份，不涉及立项、环保、行业准入、 用地、规划、建设施工等有关报批事项。本次交易行为涉及的已向有关主管部门 报批的进展情况和尚需呈报批准的程序，已在《国旅文化投资集团股份有限公司 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报告书（草案）》及其 摘要中详细披露，并对可能无法获得批准的风险作出了特别提示。 二、本次拟购买资产的交易对方合法持有润田实业 100%股份，润田实业不 存在出资不实或者影响其合法存续的情况。交易对方合法拥有置入资产的完整权 ...