Core Viewpoint - The Shanghai real estate project "Bai Jun Ting" is being marketed without revealing the developer's identity, which is unusual in an industry that typically emphasizes brand recognition. This strategy appears to be a calculated move by the developer, China Enterprise, to distance itself from its brand reputation amid ongoing quality issues and negative public sentiment [1][2][20]. Group 1: Project Details - "Bai Jun Ting" is essentially two high-rise buildings within the same community as another project, "Zhongqi Yun Cui Forest," but marketed under a different name to signify a new product line with larger units and higher specifications [4][6]. - The project consists of two 25-story residential buildings, primarily offering larger units of approximately 177-179 square meters, with an average price of about 119,700 yuan per square meter, targeting a total price around 20 million yuan [6][10]. Group 2: Pricing and Market Strategy - The same units that were previously listed under a different name have been reintroduced with a price increase. For example, a unit that was previously priced at 108,029 yuan per square meter is now listed at 110,190 yuan per square meter, reflecting a price increase of 2,161 yuan per square meter [10][12]. - The total value of the 73 units has increased from approximately 1.525 billion yuan to 1.556 billion yuan over two years, indicating a rise in market value despite the developer's attempt to rebrand [12]. Group 3: Brand Reputation and Market Perception - China Enterprise has faced multiple quality complaints in recent years, leading to a tarnished reputation. Issues have included construction defects and poor quality control, prompting the company to adopt a strategy of "brand cutting" to dissociate from its negative image [15][17]. - The decision to market "Bai Jun Ting" anonymously is seen as a desperate measure to regain consumer trust, as the company attempts to present a fresh identity while still dealing with the legacy of its previous projects [20].

关于中华企业股份有限公司 2025 年第一次临时股东大会之 法律意见书 致：中华企业股份有限公司 北京金杜（杭州）律师事务所 北京金杜（杭州）律师事务所（以下简称本所）接受中华企业股份有限公 司（以下简称公司）委托，根据《中华人民共和国证券法》（以下简称《证券法》）、 《中华人民共和国公司法》（以下简称《公司法》）、中国证券监督管理委员会《上 市公司股东会规则》（以下简称《股东会规则》）等中华人民共和国境内（以下 简称中国境内，为本法律意见书之目的，不包括中国香港特别行政区、中国澳 门特别行政区和中国台湾省）现行有效的法律、行政法规、规章和规范性文件 和现行有效的公司章程有关规定，指派律师出席了公司于 2025 年 11 月 27 日召 开的 2025 年第一次临时股东大会（以下简称本次股东大会），并就本次股东大 会相关事项出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限于： 1.经公司 2023 年度股东大会年会审议通过的《中华企业股份有限公司章程》 （以下简称《公司章程》）； 2.公司 2025 年 8 月 29 日刊登于《上海证券报》《中国证券报》《证券日报》 及上海 ...

证券代码：600675 证券简称：中华企业 公告编号：临 2025-038 中华企业股份有限公司 2025年第一次临时股东大会决议公告 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 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 11 月 27 日 (二)股东大会召开的地点：上海市闵行区东川路 3050 号紫藤宾馆 (一)非累积投票议案 1、 议案名称：关于修订《公司章程》并取消监事会的议案 审议结果：通过 表决情况： (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 337 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 4,707,146,186 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 77.8538 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东大会由公司董事会召集，副董事长李剑先生主持。本次股东大会的召集 和召开程序、出席会议 ...

2 0 2 5 年 度 第 一 次 临 时 股 东 大 会 会 议 资 料 2025 年 11 月 27 日 1 / 13 | 关于控股股东变更避免同业竞争承诺函的议案 9 | | --- | 2025 年第一次临时股东大会会议议程 一、会议时间： （一）会议时间：2025 年 11 月 27 日（星期四）下午 14：00 （二）网络投票起止时间：通过交易系统投票平台的投票时间为 上午 9:15-9:25，上午 9:30-11:30，下午 13:00-15:00；通过互 联网投票平台的投票时间为 9:15-15:00。 二、现场会议地点：上海市闵行区东川路 3050 号紫藤宾馆 三、会议见证律师：北京市金杜律师事务所律师 四、会议议程： 1、 工作人员宣读股东大会议程、议事规则，并报告本次会议 出席情况； 3 / 13 三、股东参加股东大会，依法享有发言权、咨询权、表决权 等各项权利，并应认真履行法定义务。若股东要求发言，请于会 议开始前向大会秘书处登记，出示持股的有效证明，并填写"股 东大会发言登记表"，由大会秘书处按次序安排发言。股东如需 在会议上提出与议程相关的问题，应在上述规定的登记时间内以 书面形式 ...

Core Points - The Shanghai Composite Index closed at 3961.71 points, above the annual line, with a change of 0.38% [1] - The total trading volume of A-shares reached 11169.52 billion yuan [1] - A total of 47 A-shares have surpassed the annual line today, with notable stocks showing significant deviation rates [1] Summary of Key Stocks - The stock with the highest deviation rate is Shilianhang (002285), with a deviation rate of 7.52% and a daily increase of 10.16% [1] - Dongfang Zhizao (002175) follows with a deviation rate of 6.67% and a daily increase of 10.11% [1] - China Merchants Shekou (001979) has a deviation rate of 4.22% and a daily increase of 5.01% [1] - Other notable stocks include Shida Group (600734) with a 3.46% deviation rate and a daily increase of 9.95% [1] - The stocks with the smallest deviation rates include Minsheng Bank (600016) at 1.99% and a daily increase of 3.42% [1] Additional Stock Performance - The trading volume for Shilianhang (002285) was 6.13%, while Dongfang Zhizao (002175) had a trading volume of 9.73% [1] - The latest price for Shilianhang is 2.71 yuan, while Dongfang Zhizao is at 5.12 yuan [1] - Other stocks with notable performance include Zhongcai International (600970) with a deviation rate of 2.16% and a daily increase of 2.64% [1]

Group 1 - A-share market saw a rise in certain real estate stocks influenced by related rumors, with notable increases in stocks such as China Merchants Shekou, Binjiang Group, and New Town Holdings, which rose over 4% [1] - Other companies like Huayi Family, Shenzhen Housing A, Jindi Group, Tibet City Investment, China Enterprises, Xinda Real Estate, and Vanke A experienced increases of over 3% [1] Group 2 - The real estate development sector showed significant stock performance, with 福星股份 (Fuxing Co.) leading with a rise of 5.86% and a total market value of 4.317 billion [2] - ST中油 (ST Zhongyou) followed with a 5.00% increase and a market value of 3.711 billion, while 招商蛇口 (China Merchants Shekou) rose by 4.79% with a market cap of 88.7 billion [2] - Other notable performers included 滨江集团 (Binjiang Group) with a 4.30% increase and a market value of 3.32 billion, and 新城控股 (New Town Holdings) with a 4.14% rise and a market cap of 3.4 billion [2]

Group 1 - The company held its 11th Board of Directors' temporary meeting on November 19, 2025, via telecommunication, with all 8 directors participating in the voting process [1][2] - The company approved a capital increase for Shanghai Gubei Property (Group) Co., Ltd., raising its registered capital from RMB 10 million to RMB 50 million, with an additional investment of RMB 40 million [1] - The company revised and established certain governance-related systems, including the repeal of the "Audit Committee Annual Report Work Regulations" and the "Major Error Accountability System for Annual Report Information Disclosure" [3][4] Group 2 - The voting results for both proposals were unanimous, with 8 votes in favor, 0 against, and 0 abstentions [2][4] - The announcement was made by the Board of Directors of the company on November 20, 2025 [6]

Group 1 - The core point of the article is that China Enterprises (SH 600675) announced a temporary board meeting on November 19, 2025, to discuss a capital increase for Shanghai Gubei Property (Group) Co., Ltd [1] - For the first half of 2025, the revenue composition of China Enterprises is as follows: Real estate industry accounts for 91.31%, property management for 6.17%, commercial for 2.26%, and other businesses for 0.26% [1] - As of the report date, the market capitalization of China Enterprises is 17.4 billion yuan [1]

中华企业股份有限公司 内部审计制度 （2025 年 11 月修订） 第五条 公司董事会下设审计委员会。审计委员会监督及评估内部审计工作， 应当履行的职责包括： （一）指导和监督内部审计制度的建立和实施； （二）审阅公司年度内部审计工作计划； （三）督促公司内部审计计划的实施； （四）指导内部审计部门的有效运作，公司内部审计部门应当向审计委员会 报告工作，内部审计部门提交给管理层的各类审计报告、审计问题的整改计划和 整改情况应当同时报送审计委员会； 第一章 总则 第一条 为加强中华企业股份有限公司（以下简称"中华企业"）内部管理 和风险控制，规范公司内部审计工作，提高内部审计工作质量，保护投资者合法 权益，根据《中华人民共和国审计法》《审计署关于内部审计工作的规定》《第 1101 号——内部审计基本准则（2023 年修订）》《上海市国有企业内部审计管 理办法》等有关法律、法规、规范性文件和《公司章程》的相关规定，结合公司 实际情况，制定本制度。 第二条 本制度所称被审计对象，特指中华企业、各部室、各分公司、各子 公司以及上述机构相关责任人员。 第三条 本制度所称内部审计，是指由公司内部机构或人员依据国家有关法 ...

中华企业股份有限公司 独立董事工作条例 （2025 年 11 月修订） 第一章 总 则 第一条 为进一步完善中华企业股份有限公司（以下简称"公司"）治理 结构，促进公司的规范运作，根据中国证券监督管理委员会(以下简称"中国证 监会")《上市公司独立董事管理办法》等有关法律、法规，上海证券交易所业 务规则和《中华企业股份有限公司章程》（以下简称"《公司章程》"）的规 定，制定本条例。 第二条 本条例所称独立董事是指不在公司担任除董事外的其他职务，并 与公司及其主要股东、实际控制人不存在直接或者间接利害关系，或者其他可 能影响其进行独立客观判断关系的董事。 第三条 公司独立董事占董事会成员的比例不得低于三分之一，其中至少 有一名会计专业人士。 第四条 独立董事应当忠实、勤勉履行职务，应当按照法律、行政法规、 中国证监会规定、上海证券交易所业务规则和《公司章程》的规定，认真履行 职责，在董事会中发挥参与决策、监督制衡、专业咨询作用，维护公司利益， 尤其要关注中小股东的合法权益不受损害。 第五条 独立董事应当独立履行职责，不受公司及其主要股东、实际控制 人或者与公司及其主要股东、实际控制人存在利害关系的单位或个人的影 ...