山东新潮能源股份有限公司 2025 年第三次临时股东大会会议材料 山东新潮能源股份有限公司 2025 年第三次临时股东大会会议材料 2025 年 7 月 山东新潮能源股份有限公司 2025 年第三次临时股东大会会议材料 山东新潮能源股份有限公司 2025 年第三次临时股东大会会议须知 各位股东及股东代表： 为维护山东新潮能源股份有限公司（以下简称"新潮能源"、"公司"或"上 市公司"）全体股东的合法权益、保障股东依法行使股东权利，确保股东大会的 正常秩序和议事效率，根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《上市公司股东会规则》等相关法律、法规及《山东新潮能源股份有限公司章程》 （以下简称"《公司章程》"）、《股东大会议事规则》等相关规定，本次股东大会 召集人制定 2025 年第三次临时股东大会会议须知如下： 一、 本次股东大会为股东自行召集和主持，由召集人具体负责股东大会 召开等有关事宜，公司董事会、董事会秘书应当依法予以配合。 二、 为保证本次股东大会的顺利高效召开，现场出席会议的股东及股东 代表请提前与召集人联系并登记确认（登记事项参见股东大会会议通知）。 三、 会议期间全体出席会议人员 ...

山东新潮能源股份有限公司 证券代码：600777 证券简称：*ST 新潮 公告编号：2025-069 一、提前离任的基本情况 姓名 离任职务 离任时间 原定任期 到期日 离任原因 是否继续在上 市公司及其控 股子公司任职 具体职务 （如适用） 是否存在 未履行完 毕的公开 承诺 丁思茗 董事会秘书 2025/7/16 2026/2/26 工作变动 是 其他职务 否 关于董事会秘书离任的公告 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。 重要内容提示： 山东新潮能源股份有限公司（以下简称"公司"）董事会于 2025 年 7 月 16 日 收到公司董事会秘书丁思茗女士的书面《辞职报告》，丁思茗女士因工作变动原 因决定辞去公司董事会秘书职务。丁思茗女士的辞职报告自送达公司董事会之日 起生效，有关档案文件、具体工作的移交手续已办理完毕，辞任后丁思茗女士将 不再担任公司高级管理人员。 二、离任对公司的影响 根据《上海证券交易所股票上市规则》等相关规定，公司董事会在聘任新的 董事会秘书前，指定公司董事长刘斌先生代行董事会秘书职责，公司将 ...

Market Overview - The Shanghai Composite Index rose by 0.27% on July 14, with 21 out of the 28 sectors in the Shenwan classification experiencing gains, led by the machinery equipment and public utilities sectors, which increased by 1.23% and 1.04% respectively [1] - The oil and petrochemical sector saw an increase of 0.86% with a net inflow of 91.1 million yuan in main funds [1] Oil and Petrochemical Sector - Within the oil and petrochemical sector, 28 out of 47 stocks rose, with one stock hitting the daily limit up, while 17 stocks declined [1] - The top three stocks with the highest net inflow of funds were China National Petroleum Corporation (2.55 billion yuan), Sinopec (960.7 million yuan), and China National Offshore Oil Corporation (848.6 million yuan) [1] - The stocks with the largest net outflow included Guanghui Energy (1.11 billion yuan), *ST Xinchao (432.4 million yuan), and Guangju Energy (392.7 million yuan) [1] Fund Flow Analysis - The top stocks by main fund flow in the oil and petrochemical sector included: - China National Petroleum Corporation: +2.66% with a turnover rate of 0.13% and a main fund flow of 254.5 million yuan - Sinopec: +1.05% with a turnover rate of 0.15% and a main fund flow of 96.1 million yuan - China National Offshore Oil Corporation: +0.58% with a turnover rate of 0.98% and a main fund flow of 84.9 million yuan [1] - Several stocks experienced significant net outflows, including: - Guanghui Energy: -1.11 billion yuan - *ST Xinchao: -432.4 million yuan - Guangju Energy: -392.7 million yuan [2]

Core Viewpoint - The article discusses the transformation of Xinchao Energy from a troubled company under the influence of the "Delong System" to a thriving entity, highlighting the challenges faced from both internal and external forces during this journey [1][2][7]. Group 1: Historical Context - Xinchao Energy's troubles began with the "Delong System," which engaged in practices that led to significant financial losses for the company, including over 1.3 billion yuan extracted through fraudulent transactions and a total loss of 5.9 billion yuan during its governance [2]. - In June 2018, minority shareholders successfully voted to replace the management team, leading to the removal of individuals associated with the "Delong System" [2]. Group 2: Management Actions and Financial Recovery - The new management took decisive actions to address past issues, managing to close nearly 6 billion yuan in risk exposures for a cost of only 2 billion yuan [3]. - From 2018 to 2023, Xinchao Energy's revenue increased from 4.781 billion yuan to 8.849 billion yuan, while net profit rose from 601 million yuan to 2.596 billion yuan, and net assets surpassed 20 billion yuan [4]. Group 3: Capital Market Interest - The company has attracted significant interest from major financial institutions, with notable firms like Apollo, Alliance Bernstein, and Blackrock participating in its bond issuance [4]. - Recent acquisition offers from groups such as Huineng Group, Jindi Group, and Yitai Group indicate a strong market interest in Xinchao Energy [4]. Group 4: Ongoing Challenges - Despite the recovery, Xinchao Energy continues to face challenges from former stakeholders of the "Delong System," who have employed various tactics to undermine the current management and regain control [5][6]. - The ongoing power struggle has included attempts to disrupt shareholder meetings and manipulate public perception, raising questions about the integrity of the company's governance [6]. Group 5: Conclusion - The article emphasizes the resilience of Xinchao Energy in overcoming historical challenges and the ongoing battle against disruptive forces, suggesting that the true nature of the company's journey will be revealed over time [7].

New Stock Issuance - Shanda Electric (Stock Code: 301609) issued at a price of 14.66[1] - Jiyuan Group (Stock Code: 732262) issued at a price of 10.88[1] Market Alerts - Jichuan Pharmaceutical (Stock Code: 600566) has a tender offer period from June 18, 2025, to July 17, 2025[1] - The last trading day for Tuisan Jinguang (Stock Code: 600190) is July 14, 2025, with 4 trading days remaining[1] - The last trading day for Tuisan Jinjing (Stock Code: 900952) is also July 14, 2025, with 4 trading days remaining[1] Abnormal Fluctuations - *ST Zitian (Stock Code: 300280) reported severe abnormal fluctuations on July 10, 2025[1] - *ST Yushun (Stock Code: 002289) reported abnormal fluctuations on July 11, 2025[1] Other Notable Announcements - Longyuan Green Energy (Stock Code: 603185) announced on July 11, 2025[1] - Kedi Pharmaceutical (Stock Code: 000590) announced on July 14, 2025[1]

证券代码：600777 证券简称：*ST 新潮 公告编号：2025-068 山东新潮能源股份有限公司 股票交易异常波动公告 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。 重要提示： ★ 山东新潮能源股份有限公司（以下简称"公司"）股票于 2025 年 7 月 8 日、 7 月 9 日和 7 月 10 日连续 3 个交易日内日收盘价格涨幅偏离值累计超过 12%。 根据《上海证券交易所交易规则》的有关规定，属于股票交易异常波动情形。 ★ 经公司自查，截至本公告披露日，除已披露事项外，公司本身不存在影 响公司股票交易异常波动的重大事项。 ★ 相关风险提示： 1. 2025 年 7 月 5 日，公司对外披露了 2024 年年度报告及 2025 年第一季度 报告。因立信会计师事务所（特殊普通合伙）（以下简称"立信"）对公司 2024 年度的财务会计报告、内部控制出具了无法表示意见的《审计报告》和《内部控 制审计报告》，根据《上海证券交易所股票上市规则》相关规定，公司股票自 2025 年 7 月 8 日开市起复牌，被实施退市风险警示，并 ...

Core Viewpoint - ST New潮 is a striking example in China's A-share market, with its assets primarily located in the U.S., raising questions about its governance and financial practices [3][6]. Group 1: Company Overview - ST New潮 is registered in Yantai, Shandong, but operates its board in Beijing, with 99.91% of its assets located in Texas oil fields, USA [3]. - The company has not distributed dividends to domestic shareholders for 15 consecutive years, while its U.S. subsidiary employees enjoy high salaries, averaging 1.75 million RMB annually [4][11]. Group 2: Financial Background - From 2015 to 2017, ST New潮 raised 12.5 billion RMB through three rounds of financing, investing the entire amount in U.S. oil and gas assets, which now produce over 60,000 barrels daily and are valued at 33.8 billion RMB [6][9]. - The domestic parent company is burdened with 2.4 billion RMB in debt and has frozen accounts, while the U.S. subsidiary reported a net profit of 7.376 billion RMB from 2022 to Q3 2024 [8][9]. Group 3: Governance and Control - Although ST New潮 has no official controlling shareholder, it is effectively controlled by a pair of brothers from Hunan, who have manipulated board positions to maintain control over the U.S. subsidiary [10]. - The company has faced significant challenges in auditing its financials, with previous auditors unable to verify the authenticity of its U.S. assets, leading to a "ST" designation [13]. Group 4: Market Activity and Future Prospects - Despite the looming risk of delisting, major energy companies are still interested in acquiring stakes in ST New潮, driven by the value of its U.S. oil fields [14]. - The company’s assets are located in a region with significant shale oil reserves, but the uncertainty surrounding control raises concerns about the viability of any potential acquisitions [14].

Financial Overview - The company *ST Xinchao (600777) reported an increase in total operating revenue for Q1 2025, but net profit declined [2][3] Revenue and Profit - Total operating revenue reached 2.163 billion yuan, a year-on-year increase of 1.33% - Net profit attributable to shareholders was 590 million yuan, a year-on-year decrease of 3.65% - Deducted non-recurring profit, net profit was 589 million yuan, a year-on-year decrease of 3.81% - These figures indicate a slight growth in revenue but a weakening in profitability [3][4] Key Financial Metrics - Gross margin was 48.52%, a year-on-year decrease of 9.23% - Net margin was 27.3%, a year-on-year decrease of 4.91% - Earnings per share (EPS) was 0.09 yuan, a year-on-year decrease of 3.66% - Operating cash flow per share was 0.19 yuan, a year-on-year decrease of 18.48% - The decline in gross and net margins suggests challenges in cost control [4] Asset and Liability Situation - Cash and cash equivalents amounted to 1.346 billion yuan, a year-on-year decrease of 57.76% - Accounts receivable stood at 892 million yuan, a year-on-year decrease of 12.78% - Interest-bearing debt was 5.332 billion yuan, a year-on-year decrease of 26.20% - The significant reduction in cash reserves raises concerns about short-term liquidity, while the decrease in interest-bearing debt is a positive sign indicating progress in reducing financial burdens [5] Main Business Analysis - Although specific revenue breakdowns were not detailed, the overall changes in main business revenue and gross margin reflect varying performances across different business sectors [6] Comprehensive Evaluation - Overall, *ST Xinchao's performance in Q1 2025 is not ideal, with declines in net profit, gross margin, and net margin despite slight revenue growth - The substantial decrease in cash reserves poses potential liquidity risks, indicating a need for the company to optimize its cost structure and enhance profitability to address current operational challenges [7]

Core Viewpoint - The company *ST New Tide (600777) is facing challenges regarding the convening of a temporary shareholders' meeting, with multiple proposals being rejected by the board and supervisory committee due to procedural non-compliance with legal regulations and the company's articles of association [1][2][3]. Group 1: Shareholder Meeting Proposals - The company received a proposal from shareholders to convene a temporary shareholders' meeting on July 24, 2025, to discuss the early re-election of the board and supervisory committee [1][4]. - The board and supervisory committee have previously rejected similar proposals on June 28 and July 4, citing that the proposal did not meet the legal and procedural requirements [2][3]. - The latest proposal includes legal opinions from three law firms affirming that the request to convene the meeting complies with Chinese law and the company's articles of association [5]. Group 2: Shareholder Structure Changes - The company has undergone a significant change in its shareholder structure, with Inner Mongolia Yitai Coal Co., Ltd. becoming a major shareholder, holding 50.10% of the company's shares [6]. - The new major shareholder supports the convening of the temporary shareholders' meeting, indicating a shift in governance dynamics [6]. Group 3: Financial Reporting Issues - The company has faced scrutiny for failing to disclose its 2024 annual report on time, leading to an investigation by the China Securities Regulatory Commission [6]. - The 2024 annual report was eventually released but received a non-standard audit opinion due to insufficient documentation regarding employee compensation and other financial details [7][8]. - The company has engaged with the auditing firm to provide necessary documentation and explanations to address the audit concerns [8].

北京市朝阳区建国路 77 号华贸中心 3 号写字楼 34 层 邮政编码 100025 电话：(86-10) 5809-1000 传真：(86-10) 5809-1100 北京市竞天公诚律师事务所 关于山东新潮能源股份有限公司股东 提请召集召开公司临时股东大会事项之 法律意见书 致： 深圳市宏语商务咨询有限公司 本所根据《中华人民共和国公司法》等相关法律、法规、部门规章和规范性 文件的规定，对本次提请召开事项的相关法律事项进行了审查，并据此出具本法 律意见书。 为出具本法律意见，本所特作如下声明： （1）为出具本法律意见，我们假设，委托方（或其授权代表）所提供的文 件、材料和口头证言是完整、准确、真实和有效的，并无隐瞒、虚假和重大遗漏 之处，其中文件材料为副本或者复印件的，假设与其正本或原件是一致和相符的； 已向我们提供的文件未在提供后被修改； （2）为出具本法律意见之目的，我们假设，委托方（或其授权代表）提供 了本所认为作为出具本法律意见所必需的和真实的原始书面材料、副本材料、复 印材料或者口头证言；尽管如此，本所出具本法律意见是基于委托方（或其授权 代表）截止本法律意见出具之日可以并已提供给本所的资料和信息 ...