重要内容提示： 一、 召开会议的基本情况 (四)现场会议召开的日期、时间和地点 证券代码：600539 证券简称：狮头股份 公告编号：临 2025-076 狮头科技发展股份有限公司 关于召开2025年第二次临时股东大会的通知 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。 召开的日期时间：2025 年 12 月 19 日 14 点 00 分 召开地点：山西省太原市万柏林区滨河西路 51 号摩天石 3 号楼 101 室公司 会议室 股东大会召开日期：2025年12月19日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 (一)股东大会类型和届次 2025年第二次临时股东大会 (二)股东大会召集人：董事会 (三)投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结合的 方式 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 12 月 19 日 至2025 年 12 月 19 日 采用上海证券交易所网络投票系统，通过交易系统 ...

证券代码：600539 证券简称：狮头股份 公告编号：临 2025-073 狮头科技发展股份有限公司 第九届监事会第十七次会议决议公告 本公司监事会及全体监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个别及连带责任。 狮头科技发展股份有限公司（以下简称"公司"）第九届监事会于 2025 年 12 月 3 日以现场方式在公司召开了第十七次会议。本次会议应出席监事 3 人，实际 出席监事 3 人。本次会议的召集、召开程序符合《公司法》及《公司章程》的有 关规定，会议审议并通过了如下议案： 一、审议通过了《关于聘任会计师事务所的议案》 具体内容请查阅同日披露于上海证券交易所网站（www.sse.com.cn）的《关 于聘任会计师事务所的公告》（临 2025-074）。 二、审议通过了《关于取消监事会暨修订<公司章程>的议案》 表决结果：同意 3 票，反对 0 票，弃权 0 票，表决通过。 具体内容请查阅同日披露于上海证券交易所网站（www.sse.com.cn）的《关 于取消监事会暨修订《公司章程》及制定、修订部分管理制度的公告》（临 2025-075）。 监 ...

证券代码：600539 证券简称：狮头股份 公告编号：临 2025-072 狮头科技发展股份有限公司 第九届董事会第二十六次会议决议公告 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个别及连带责任。 狮头科技发展股份有限公司（以下简称"公司"或"狮头股份"）第九届董 事会于 2025 年 12 月 3 日以现场与通讯表决相结合的方式在公司会议室召开了第 二十六次会议，本次会议应出席董事 9 名，实际出席董事 9 名，公司监事和高级 管理人员列席会议。本次会议符合《公司法》和《公司章程》的规定。会议审议 并通过了如下议案： 一、审议通过了《关于聘任会计师事务所的议案》 表决结果：同意 9 票，反对 0 票，弃权 0 票，表决通过。 本议案已经审计委员会审议通过，并同意提交董事会审议。 本议案尚需提交公司股东大会审议。 具体内容请查阅同日披露于上海证券交易所网站（www.sse.com.cn）的《关 于聘任会计师事务所的公告》（临 2025-074）。 二、审议通过了《关于取消监事会暨修订<公司章程>的议案》 表决结果：同意 9 票，反对 ...

证券代码：600539 证券简称：狮头股份 公告编号：临 2025-071 狮头科技发展股份有限公司 关于持股 5%以上股东上层股权结构拟发生变动的提示性公告 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个别及连带责任。 重要内容提示 本次股权结构变动系山西省人民政府将山西省国有资本运营有限公司（以 下简称"山西国资运营公司"）持有的潞安化工集团有限公司（以下简称"潞安化 工集团"）90%股权划转至山西省人民政府国有资产监督管理委员会（以下简称 "山西省国资委"）直接持有。 潞安化工集团为狮头科技发展股份有限公司（以下简称"公司"）持股 5% 以上股东山西潞安工程有限公司（以下简称"潞安工程"）的间接控股股东。截至 本公告日，潞安工程持有公司股份数量为 25,857,300 股，占公司总股本的 11.24%。 本次潞安化工集团股权结构变动不会导致潞安工程持有公司股份的数量 及持股比例发生变动，不会导致公司实际控制人、控股股东及其持股比例发生变 化，不影响公司控股权的稳定性，不会对公司的正常生产经营和持续发展造成不 利影响，不存在损害公 ...

证券日报网讯狮头股份（600539）11月25日在互动平台回答投资者提问时表示，截至2025年9月30日， 公司股东总数为21834户。 ...

11月19日，狮头股份盘中下跌2.00%，截至14:14，报11.25元/股，成交5566.31万元，换手率2.12%，总 市值25.88亿元。 资金流向方面，主力资金净流出800.29万元，特大单买入0.00元，占比0.00%，卖出101.10万元，占比 1.82%；大单买入692.68万元，占比12.44%，卖出1391.87万元，占比25.01%。 资料显示，狮头科技发展股份有限公司位于山西省太原市万柏林区兴华街道滨河西路51号3幢1-2层0201 号，成立日期1999年2月28日，上市日期2001年8月24日，公司主营业务涉及为品牌方提供一站式全渠道 经销业务和代运营业务。主营业务收入构成为：电商经销77.80%，净水龙头(含配件)11.29%，电商代运 营10.51%，其他(补充)0.41%。 狮头股份所属申万行业为：商贸零售-互联网电商-电商服务。所属概念板块包括：壳资源、微盘股、小 盘、污水处理、节能环保等。 截至9月30日，狮头股份股东户数2.18万，较上期增加51.40%；人均流通股10534股，较上期减少 33.95%。2025年1月-9月，狮头股份实现营业收入3.30亿元，同比增长3.3 ...

Core Viewpoint - Lionhead Co., Ltd. (600539.SH) is facing regulatory scrutiny regarding its acquisition target, Lipu Technology, due to the high proportion of other income in its financials, particularly from tax refunds and government subsidies [1][2] Group 1: Financial Impact of Other Income - In 2023 and 2024, Lipu Technology's other income is primarily derived from VAT refunds on software products and government subsidies related to revenue [1] - The VAT refund amounts for 2023 and 2024 are 14.52 million and 11.70 million respectively, accounting for 59.24% and 33.40% of net profit during those periods [1] - Government subsidies for the same years are 9.45 million and 10.91 million, representing 38.57% and 31.16% of net profit [1] - Combined, these two income sources contributed 97.81% to net profit in 2023, but this is expected to decrease to 64.56% in 2024 [1] Group 2: Future Projections and Sustainability - Lionhead Co., Ltd. asserts that the VAT refund policy is sustainable and represents recurring income, with tax incentives expected to remain stable [2] - Over 80% of government subsidies are for technological innovation, which, while sporadic, is expected to decrease in proportion to net profit as Lipu Technology's operational performance improves [2] - By the first nine months of 2025, the proportion of VAT refunds to net profit is projected to drop to 26.27%, while government subsidies are expected to fall to 19.02% [2] - The government subsidies are closely linked to core technology research and development, as well as industry chain upgrades, aligning with the main business development of the target company [2]

Core Viewpoint - Lionhead Co., Ltd. is advancing its strategic transformation towards high-growth AI machine vision sector through a comprehensive response to regulatory inquiries regarding its merger and acquisition plans, emphasizing the synergy between its dual business model of "e-commerce services + machine vision" [1] Group 1: Dual Business Synergy - The dual business layout of "e-commerce services + machine vision" has a clear implementation path, with Lionhead leveraging its platform resources to assist Lipu Technology in expanding into the Southwest market [2] - A strategic cooperation agreement with Chongqing Changan aims to build an ecosystem for "machine vision empowering automotive intelligent manufacturing," providing Lipu Technology with crucial access to the automotive manufacturing sector [2] - Lipu Technology's core technology will enhance Lionhead's existing e-commerce operations by optimizing supply chain and warehouse management, potentially increasing the e-commerce business's gross profit margin, which currently exceeds 60% [2] Group 2: Strong Technical Foundation and Industry Growth - Lipu Technology, founded by a team of PhD graduates from Zhejiang University, has established significant technological barriers in industrial machine vision and AI algorithms, with steady revenue and net profit growth projected for 2023 to 2024 [3] - The company has made clear performance commitments, with a cumulative net profit of no less than 180 million yuan from 2025 to 2027, and an average annual compound growth rate exceeding 30% during the commitment period [3] - The machine vision market is expected to exceed 26 billion yuan by 2025, with a compound annual growth rate of over 25%, indicating a robust growth opportunity for Lionhead as it transitions from traditional business to a technology-driven enterprise [3] Group 3: Focus on Core Business and Asset Optimization - Lionhead has adopted a strategy of "focusing on core business and divesting non-core assets" to concentrate resources on its dual business model [4] - The company plans to "sell at an opportune time" its water purification and accessories business, which has been consistently unprofitable and accounted for only about 6% of revenue in 2024 [4] - The restructuring process began in February 2025, with Lionhead aiming to acquire control of Lipu Technology through a combination of share issuance and cash payment, while ensuring transparency and timely information disclosure throughout the process [4]

Core Viewpoint - Lionhead Co., Ltd. is progressing with its merger and acquisition project, transitioning from a traditional e-commerce service provider to a technology-driven enterprise, focusing on the dual business model of "e-commerce services + machine vision" [1][2]. Group 1: M&A Details - The company has responded to inquiries regarding the merger and acquisition, addressing transaction details, target operating conditions, and synergy effects [1]. - Lionhead Co., Ltd. plans to leverage its platform advantages to assist the acquired company, Lipotek, in expanding into the southwestern market, exemplified by a strategic cooperation agreement with Chongqing Chang'an [1]. - Lipotek's technological capabilities will enhance the e-commerce business, particularly through machine vision to optimize supply chain and warehouse management, improving fulfillment efficiency [1]. Group 2: Market Potential - According to a Frost & Sullivan report, the industrial machine vision product market in China is projected to grow from approximately 26.83 billion yuan in 2024 to 63.01 billion yuan by 2029, with a compound annual growth rate of 18.62% from 2024 to 2029 [2]. - The acquisition allows Lionhead Co., Ltd. to enter this high-growth sector, facilitating its strategic transformation towards a technology-driven enterprise [2]. Group 3: Business Strategy - Lionhead Co., Ltd. plans to divest its underperforming water purification business, which has been consistently losing money and is expected to account for only about 6% of revenue in 2024 [3]. - The e-commerce service business remains a crucial growth engine, and the company aims to enhance profitability in this area while reallocating resources to the machine vision business [3]. - The company commits to a steady and transparent approach in advancing the restructuring process and fulfilling information disclosure obligations [3].

Core Viewpoint - The company plans to acquire 97.4399% of Hangzhou Lipe Technology Co., Ltd. through a combination of issuing shares and cash payments, while also raising supporting funds from two management companies [1][4]. Group 1: Transaction Details - The acquisition involves 14 counterparties, including Wang Xulongqi and Deng Haoyu, who collectively hold the majority stake in Hangzhou Lipe Technology [1][4]. - The company has received an inquiry letter from the Shanghai Stock Exchange regarding the transaction, which necessitated revisions to the restructuring report [2][5]. - The updated restructuring report has undergone a thorough review and minor adjustments, ensuring that the transaction plan remains unaffected [2]. Group 2: Regulatory Approval - The transaction is subject to approvals from the Shanghai Stock Exchange and the China Securities Regulatory Commission, among other regulatory requirements [6]. - The company acknowledges the uncertainty surrounding the approval process and the timeline for obtaining necessary consents [6].