Core Viewpoint - The establishment of the first steel delivery warehouse in Northwest China is expected to significantly enhance the operational efficiency and market reach of local steel companies, addressing long-standing logistical challenges and facilitating better risk management through futures trading [1][2][3]. Group 1: Industry Challenges - The steel industry in Northwest China has faced pressures due to a lack of local delivery warehouses, forcing companies to transport goods over long distances, which increases logistics costs [1][2]. - Local steel manufacturers have been struggling with supply chain issues, relying heavily on external sources for raw materials while facing limited sales regions [2][6]. Group 2: Establishment of the Delivery Warehouse - The China Storage and Transportation Corporation's Xi'an Logistics Center was approved as a hot-rolled coil futures delivery warehouse in December 2024, filling a critical gap in the region's infrastructure [2][3]. - The warehouse has a capacity of 30,000 tons and has already generated 17 standard warehouse receipts, corresponding to a total weight of 5,100 tons of hot-rolled coils since its establishment [3][5]. Group 3: Impact on Local Steel Companies - The establishment of the delivery warehouse has allowed local steel companies to enhance their brand influence, expand sales channels, and improve inventory management [3][5]. - The warehouse has facilitated the conversion of futures contracts to spot transactions, enabling local processing companies to procure materials more efficiently and transparently [4][5]. Group 4: Regional Economic Development - The Xi'an Logistics Center has attracted over 200 steel traders and more than 100 steel processing companies, becoming the largest and most comprehensive steel distribution center in Northwest China [5]. - The integration of futures trading with local logistics and processing has stimulated industrial clustering and improved the overall competitiveness of the regional economy [5][7]. Group 5: Future Prospects - The use of futures trading is expected to deepen in the steel industry, with companies like Shaanxi Steel actively engaging in risk management practices to stabilize operations [6][7]. - The standardization of delivery processes through the warehouse is anticipated to elevate production and management standards among local steel enterprises, promoting industry-wide upgrades [7].

Core Points - The board of directors of China Storage Development Co., Ltd. has received written resignation reports from directors Wang Tianbing and Wang Weiyang due to CLH12 (HK) Limited no longer being a shareholder with more than 5% stake in the company [1] - Wang Tianbing has resigned from his positions as director, vice chairman, and member of various committees, while Wang Weiyang has resigned from his position as director and member of the strategic and investment management committee [1] Summary by Sections Resignation Details - Wang Tianbing and Wang Weiyang's resignation reports are effective immediately upon delivery to the board, and their departure will not reduce the number of board members below the legal minimum [1] - The resignations will not affect the board's lawful operation or the company's normal business activities [1] Impact on the Company - Both directors have fulfilled their public commitments and completed the necessary work handover according to company regulations [1] - The company will actively improve its governance in accordance with relevant laws and regulations [1] Acknowledgment of Contributions - The company and the board express sincere gratitude for the contributions made by Wang Tianbing and Wang Weiyang during their tenure [2]

Group 1 - The board of directors of China Storage Development Co., Ltd. received resignation reports from directors Wang Tianbing and Wang Weiyang due to CLH12 (HK) Limited no longer being a shareholder with more than 5% stake in the company [1][2] - Wang Tianbing resigned from multiple positions including director, vice chairman, and committee member roles, while Wang Weiyang resigned as a director and committee member [1] - The resignations will not affect the minimum number of board members required by law and will not disrupt the company's normal operations [1][2] Group 2 - The company expressed gratitude for the contributions made by Wang Tianbing and Wang Weiyang during their tenure [2] - The company will actively improve its corporate governance in accordance with relevant laws and regulations following the resignations [1]

Core Viewpoint - The stock price of China Storage Co., Ltd. closed at 6.13 yuan on August 21, 2025, reflecting a slight decline of 0.01 yuan or 0.16% from the previous trading day [1] Company Summary - China Storage Co., Ltd. operates in the logistics industry, with its main business activities including warehousing logistics, commodity circulation, and logistics distribution [1] - The company is recognized as a large comprehensive logistics enterprise in China, holding significant business operations in the Tianjin region [1] - Recent announcements indicate that board members Wang Tianbing and Wang Weiyang have resigned from their positions due to shareholder changes, with Wang Tianbing stepping down as director, vice chairman, and from various specialized committees, while Wang Weiyang resigned as director and from the strategy and investment management committee [1] Market Activity - On the trading day mentioned, the main capital outflow for China Storage Co., Ltd. was 10.54 million yuan, with a cumulative net outflow of 23.64 million yuan over the past five days [1]

Group 1 - The company announced the resignation of two board members, Wang Tianbing and Wang Weiyang, due to changes in shareholding structure [1] - Wang Tianbing has stepped down from multiple positions including Vice Chairman and various committee memberships [1] - Wang Weiyang has also resigned from his position as a board member and committee member [1]

证券代码：600787 证券简称：中储股份 公告编号：临 2025-037 号 中储发展股份有限公司 关于公司董事离任的公告 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。 | 王炜阳 | 董事、董事会战略与投 | 2025 | 年 | 8 | 2025 | 年 | 10 | CLH12 HK | （ | | ） | 否 | 否 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 资管理委员会委员 | 月 21 | 日 | | 月 19 | 日 | | Limited | | 已不再是 | | | | | | | | | | | | | 中储股份持股 | | | 5% | | | | | | | | | | | | 以上股东 | | | | | | 二、离任对公司的影响 根据《公司法》等法律法规、规范性文件及《公司章程》的有关规定，王天 兵先生、王炜阳先生的辞职报告自送达董事会之日起生效，其辞职不 ...

Core Viewpoint - The company will repurchase and cancel a total of 4,872,998 restricted shares due to unmet performance conditions and the retirement of certain incentive plan participants [2][5][6]. Group 1: Reasons for Repurchase and Cancellation - The repurchase is based on the failure to meet performance assessment conditions outlined in the incentive plan, which required specific financial metrics for the year 2024 [5]. - Three incentive plan participants have retired and no longer qualify for the incentive program, leading to the repurchase of their unvested shares [6]. Group 2: Details of the Repurchase - The repurchase involves 124 incentive plan participants and will result in the cancellation of all remaining restricted shares, leaving a total of 0 shares post-cancellation [8]. - The company has set up a dedicated securities account for the repurchase and expects to complete the cancellation by August 21, 2025 [9]. Group 3: Compliance and Legal Opinions - The board confirms that the decision-making process and information disclosure comply with relevant laws and regulations, ensuring no harm to the rights of incentive participants or creditors [10]. - A legal opinion has been obtained confirming that the repurchase has received necessary approvals and does not violate any legal provisions [11].

Core Viewpoint - The company announced the repurchase and cancellation of 4,872,998 restricted shares due to unmet performance conditions and the retirement of certain incentive targets [2][4][6]. Summary by Sections Repurchase and Cancellation Reasons - The repurchase is based on the failure to meet the performance assessment conditions outlined in the company's restricted stock incentive plan, specifically for the third release period [3][4]. - The performance conditions included a minimum return on equity of 6% and a compound annual growth rate of 35% in net profit compared to 2019 [3][4]. Details of the Repurchase - The decision for the repurchase was approved during the board meeting held on June 18, 2025, and was authorized by the first extraordinary general meeting of shareholders in 2021 [3][6]. - The repurchase involves 124 incentive targets, with a total of 4,872,998 shares to be canceled, resulting in zero remaining restricted stock after the cancellation [6][7]. Legal and Compliance Aspects - The company has established a dedicated securities account for the repurchase and submitted the necessary applications to the relevant authorities [7]. - Legal opinions confirm that the repurchase has obtained all necessary approvals and complies with relevant laws and regulations, ensuring no harm to the rights of incentive targets or creditors [8].

证券代码：600787 证券简称：中储股份 编号：临 2025-036 号 中储发展股份有限公司 关于部分限制性股票回购注销实施公告 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： 回购注销原因：由于《中储发展股份有限公司限制性股票激励计划》（以下简 称"《激励计划》"）第三个解除限售期解除限售条件未成就以及部分激励对象退休 原因，根据《上市公司股权激励管理办法》（以下简称"《管理办法》"）等相关法 律、法规、规范性文件以及《激励计划》的相关规定，公司将回购注销限制性股票共 计 4,872,998 股。 本次注销股份的有关情况 | 回购股份数量（股） | 注销股份数量（股） | | 注销日期 | | | | --- | --- | --- | --- | --- | --- | | 4,872,998 | 4,872,998 | 2025 | 年 8 | 月 21 | 日 | 一、本次限制性股票回购注销的决策与信息披露 根据 2021 年第一次临时股东大会的授权，公司于 2025 年 6 月 18 日召开九届三 ...

1 天津精卫律师事务所 关于中储发展股份有限公司限制性股票激励计划 天津精卫律师事务所 关于中储发展股份有限公司 限制性股票激励计划部分限制性股票回购注销实施的 法律意见书 部分限制性股票回购注销实施的法律意见书 精卫非诉意字（2020）第012-11号 致：中储发展股份有限公司 天津精卫律师事务所（以下称"本律师"）受中储发展股份有限公司（以下称"公 司"）的委托，就公司依据《中储发展股份有限公司限制性股票激励计划》（以下称 "激励计划"）回购注销部分激励对象已获授但尚未解除限售的限制性股票（以下称 "本次回购注销"）的实施情况出具本法律意见书。 本律师根据《中华人民共和国公司法》（以下称"《公司法》"）、《中华人民 共和国证券法》（以下称"《证券法》"）、《上市公司股权激励管理办法》（以下 称"《管理办法》"）和《国有控股上市公司（境内）实施股权激励试行办法》《关 于规范国有控股上市公司实施股权激励制度有关问题的通知》《中央企业控股上市 公司实施股权激励工作指引》等有关法律、行政法规、政府部门规章、公开并普遍 适用的规范性文件（以下合称"有关法律法规"）和《中储发展股份有限公司章程》 （以下称"《公司章程 ...