辽宁成大股份有限公司（以下简称"公司"）董事会于 2025 年 11 月 18 日 以书面和电子邮件方式发出召开第十一届董事会第八次（临时）会议的通知，会 议于 2025 年 11 月 21 日在公司会议室以通讯方式召开并作出决议。公司董事 9 名，出席会议董事 9 名。会议由董事长徐飚先生主持。会议的召开符合《中华人 民共和国公司法》和《公司章程》的有关规定。会议审议并通过了以下事项： 一、关于公司控股子公司新疆宝明矿业有限公司长期停产的议案 详见《辽宁成大股份有限公司关于控股子公司新疆宝明矿业有限公司长期停 产的公告》（公告编号：2025－078） 表决结果：同意票 9 票、反对票 0 票、弃权票 0 票。 二、关于公司全资子公司向关联参股公司提供担保的议案 证券代码：600739 证券简称：辽宁成大 公告编号：2025－077 辽宁成大股份有限公司 第十一届董事会第八次（临时）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法律责任。 本议案已经公司董事会独立董事专门会议审议通过。 详见《辽宁成大股份有限公司关于公司全 ...

Group 1 - The core point of the article is that Liaoning Chengda has received a notice from its shareholder Guangxi Xinyi regarding the extension of the pledge buyback of some shares, with significant implications for the company's shareholding structure and financial health [1] - As of November 21, 2025, Guangxi Xinyi and its concerted parties hold approximately 158 million shares of Liaoning Chengda, accounting for 10.32% of the total share capital, with a total of 132 million shares pledged, representing 83.46% of their holdings and 8.61% of the total share capital [1] - For the first half of 2025, Liaoning Chengda's revenue composition is as follows: import and export trade accounts for 86.64%, biopharmaceuticals for 13.22%, and other sectors for 0.14% [1] Group 2 - The current market capitalization of Liaoning Chengda is 18.1 billion yuan [1]

辽宁成大公告，公司于2025年11月21日召开董事会，审议通过了《关于公司控股子公司新疆宝明矿业有 限公司长期停产的议案》，同意新疆宝明长期停产。2024年度，公司实现营业收入112.89亿元，实现归 属于母公司所有者的净利润2.1亿元；新疆宝明实现营业收入0.19亿元，占公司营业收入的比例为 0.17%，亏损9.26亿元。2025年前三季度，公司实现营业收入81.14亿元，实现归属于母公司所有者的净 利润13.65亿元；新疆宝明实现营业收入0.03亿元，占公司营业收入的比例为0.03%，亏损4.71亿元。 ...

Core Viewpoint - The announcement details the completion of the guarantee and trust registration for shares held by a major shareholder, Liaoning Chengda Co., Ltd., in relation to the issuance of exchangeable bonds, indicating no significant changes to the company's equity structure [2][3]. Group 1: Shareholder Information - Liaoning Chengda holds a total of 1,366,927,688 shares in the company, representing 17.97% of the total share capital [3]. - The shares involved in the guarantee and trust registration are 75,000,000 unrestricted circulating shares [2]. Group 2: Bond Issuance Details - The bond issuance by Liaoning Chengda will not lead to significant changes in the company's equity structure [3]. - The registration of shares for guarantee and trust has been completed with the trustee, CITIC Jianzhong Securities Co., Ltd., acting as the nominal holder [2][3]. Group 3: Regulatory Compliance - The company will disclose further developments regarding the non-public issuance of exchangeable bonds in accordance with relevant regulatory requirements [3].

Core Viewpoint - Guangdong Min Investment Co., Ltd. (referred to as "Yue Min Investment") has become increasingly active in the capital market while maintaining a low profile, focusing on its development history, growth path, and investment style [2] Group 1: Company Background - Yue Min Investment was officially established on September 23, 2016, with a registered capital of 16 billion yuan and 16 founding shareholders, including leading private enterprises from various industries [3] - The company positions itself as a cross-industry investment cooperation platform for large private enterprises and listed companies, aiming to undertake projects that individual companies cannot manage alone [3][4] Group 2: Investment Philosophy - The mission of Yue Min Investment is to "gather social capital, invest in innovative enterprises, empower industrial development, and serve the real economy" [4] - The management team is composed of professionals with advanced degrees from prestigious institutions, possessing deep knowledge of value investing [5] Group 3: Investment Strategy - Yue Min Investment focuses on sectors such as new energy, life sciences, and intelligent manufacturing, with strategic investments aimed at enhancing industrial upgrades [6] - The company has developed four mature business segments: strategic investment, special opportunity investment, asset management, and international business [6] Group 4: Long-term Commitment - Since its inception, Yue Min Investment has primarily led two major mergers and acquisitions in the capital market, emphasizing a long-term investment philosophy [6][8] - The company has actively supported the sustainable development of its portfolio companies, such as Liaoning Chengda, by providing management expertise and facilitating strategic partnerships [8][9] Group 5: Future Outlook - Yue Min Investment emphasizes the importance of "patient capital" for fostering technological innovation and enhancing economic growth quality [10] - The company believes that its commitment to long-term value accumulation will contribute significantly to the prosperity of Guangdong and its investment locations [10]

Group 1 - The company Guangfa Securities announced the completion of a non-public issuance of exchangeable bonds by its major shareholder, Liaoning Chengda Co., Ltd., with a total issuance scale of 1.8 billion RMB and a maturity of 3 years [1] - The exchangeable bonds have a coupon rate of 0.01% and an initial conversion price of 24.58 RMB per share, with the conversion period starting from May 5, 2026, to November 3, 2028 [1] - As of the first half of 2025, Guangfa Securities' revenue composition includes wealth management business at 40.08%, securities investment business at 32.27%, investment management business at 24.97%, investment banking business at 2.14%, and other businesses at 0.54% [1] Group 2 - The market capitalization of Guangfa Securities is reported to be 169.1 billion RMB [2] - There is a significant increase in overseas orders in a related industry, with a reported growth of 246%, covering over 50 countries and regions [2]

Core Points - Guangfa Securities announced that it has received notification from its major shareholder, Liaoning Chengda, regarding the completion of a non-public issuance of exchangeable bonds aimed at professional institutional investors [1] - The bonds, referred to as "25 Chengda E1," have a total scale of 1.8 billion yuan, a term of 3 years, and a coupon rate of 0.01% [1] - The initial conversion price is set at 24.58 yuan per share, with the conversion period running from May 5, 2026, to November 3, 2028, with adjustments for holidays [1]

Core Viewpoint - The company announced the completion of a non-public issuance of exchangeable bonds by a major shareholder, which indicates a strategic financial maneuver to raise capital [1] Group 1: Company Announcement - The company disclosed two announcements regarding the non-public issuance of exchangeable bonds by its major shareholder, Liaoning Chengda Co., Ltd. [1] - The first announcement was made on September 19, 2025, and the second on October 18, 2025 [1] Group 2: Bond Details - Liaoning Chengda successfully issued exchangeable bonds (Phase 1) with a total issuance scale of RMB 1.8 billion [1] - The bonds have a term of 3 years and a coupon rate of 0.01% [1] - The initial conversion price is set at RMB 24.58 per share, with the conversion period starting from May 5, 2026, to November 3, 2028 [1]

Core Points - Guangfa Securities (000776) has announced that it has received notification from its major shareholder, Liaoning Chengda (600739), regarding the completion of the issuance of exchangeable bonds aimed at professional institutional investors [1] - The first phase of the exchangeable bonds, named "25 Chengda E1" with bond code "117242," has an issuance scale of RMB 1.8 billion [1] - The bonds have a term of 3 years with a coupon rate of 0.01% and an initial conversion price set at RMB 24.58 per share [1] - The conversion period for these bonds will start from the first trading day after 6 months from the issuance date and will last until the trading day before the bond's maturity date, specifically from May 5, 2026, to November 3, 2028 [1]

Core Viewpoint - The company announced the completion of a non-public issuance of exchangeable bonds by a major shareholder, which indicates a strategic financial maneuver to raise capital and potentially enhance shareholder value [1] Group 1: Company Announcement - The company disclosed two announcements regarding the non-public issuance of exchangeable bonds by its major shareholder, Liaoning Chengda Co., Ltd. [1] - The first announcement was made on September 19, 2025, and the second on October 18, 2025, detailing the compliance with Shenzhen Stock Exchange listing conditions [1] Group 2: Bond Details - Liaoning Chengda successfully issued exchangeable bonds (Phase 1) with a total issuance scale of RMB 1.8 billion [1] - The bonds have a term of 3 years, a coupon rate of 0.01%, and an initial conversion price set at RMB 24.58 per share [1] - The conversion period for these bonds is from May 5, 2026, to November 3, 2028, with provisions for adjustments if the start date falls on a holiday [1]