Core Viewpoint - Nanjing Chemical Fiber Co., Ltd. is undergoing a significant asset restructuring, which includes the issuance of shares and cash payments for asset acquisitions, with the aim of enhancing its operational capabilities and market position [11][12][13]. Company Overview - Nanjing Chemical Fiber Co., Ltd. was established on June 25, 1992, and has undergone several transformations, including public offerings and stock adjustments, leading to a total share capital of 12,426.72 million shares by 1999 [2][3][4]. - The company operates in the chemical fiber manufacturing industry and has a registered capital of 9,000 million yuan [11][12]. Financial Restructuring Details - The proposed restructuring involves a major asset swap, issuance of shares, and cash payments for asset acquisitions, with a total asset evaluation of 72,927.12 million yuan for the assets being disposed of and 160,667.57 million yuan for the assets being acquired [12][13]. - The restructuring is contingent upon approvals from the shareholders and regulatory bodies, with the expectation that it will be completed by January 1, 2024 [14][16]. Accounting Policies - The financial statements are prepared in accordance with the relevant Chinese accounting standards, reflecting the company's financial position as of December 31, 2024, and its operational results for the year [16][28]. - The company employs specific accounting policies and estimates tailored to its production and operational characteristics, ensuring compliance with the applicable regulations [16][28]. Shareholder Information - The company has a history of distributing dividends and issuing shares to its shareholders, with recent decisions including cash dividends of 0.01 yuan per share in 2019 and 0.02 yuan per share in 2021 [8][11].

Core Viewpoint - The transaction involving Nanjing Chemical Fiber Co., Ltd. aims to acquire 100% of Nanjing Process Equipment Manufacturing Co., Ltd. through asset swaps, share issuance, and cash payments, with the expectation that it will not dilute immediate returns for shareholders [1][4]. Financial Summary - Total assets are projected to increase from 148,443.96 million to 152,746.88 million, reflecting a growth of 4,302.92 million or 2.90% [2]. - Total liabilities will decrease significantly from 106,733.48 million to 49,828.65 million, a reduction of 56,904.83 million or 53.31% [2]. - Equity attributable to shareholders is expected to rise from 42,374.98 million to 103,582.72 million, an increase of 61,207.74 million or 144.44% [2]. - Operating revenue will decline from 66,250.72 million to 49,693.22 million, a decrease of 16,557.50 million or 24.99% [2]. - Net profit attributable to shareholders is projected to improve from -44,872.22 million to 41,009.43 million, a change of 85,881.64 million or 191.39% [2]. - The asset-liability ratio will decrease from 71.90% to 32.62%, a drop of 39.28% or 54.63% [2]. - Basic earnings per share will increase from -1.22 to 0.73, a rise of 1.96 or 160.00% [2]. Transaction Necessity and Rationality - The transaction is deemed necessary for the company to divest its loss-making operations and inject high-quality business assets, facilitating a business transformation and enhancing future competitiveness [3][4]. - The acquisition of Nanjing Process Equipment will provide access to a mature product line, customer base, and technical talent in the rolling functional components sector, which is crucial for the company's strategic upgrade [3][4]. Measures to Mitigate Immediate Return Dilution - The company plans to accelerate its strategic transformation and enhance core competitiveness through the transaction, aiming to identify new profit growth points [4][5]. - The funds raised from the transaction will be allocated to project construction and working capital, with a focus on key manufacturing projects aligned with national policies [4][5]. - The company will strengthen management and internal controls to improve operational performance and cost efficiency [5]. - A sustainable profit distribution policy will be implemented post-transaction to ensure shareholder returns are prioritized [5]. Commitments from Relevant Parties - The controlling shareholder and related parties have committed to not interfere with the company's management and to uphold shareholder interests [6][7]. - All directors and senior management have pledged to fulfill their duties diligently and to protect the rights of all shareholders [6][7]. Independent Financial Advisor's Conclusion - The independent financial advisor confirms that the transaction will not lead to a dilution of earnings per share and that the proposed measures to mitigate immediate return dilution are in compliance with regulatory requirements [8].

Group 1 - Nanjing Chemical Fiber Co., Ltd. plans to acquire 100% of Nanjing Process Equipment Manufacturing Co., Ltd. through asset replacement, issuance of shares, and cash payment [1][2] - The transaction involves the disposal of all assets and liabilities of Nanjing Chemical Fiber as of the assessment benchmark date [1][2] - CITIC Securities serves as the independent financial advisor for this transaction, conducting necessary due diligence and providing independent verification opinions [2] Group 2 - The independent financial advisor confirms that all provided documents are true, accurate, and complete, and assumes legal responsibility for the authenticity of the materials [2] - The advisor assures that there are no substantial discrepancies between the professional opinions and the disclosed documents related to the transaction [2] - Strict confidentiality measures and internal controls are in place to prevent insider trading and market manipulation [2]

Core Viewpoint - Nanjing Chemical Fiber Co., Ltd. is undergoing a significant asset swap and plans to issue shares and pay cash to acquire a 52.98% stake in Nanjing Process Equipment Manufacturing Co., Ltd. This transaction involves the disposal of certain assets and liabilities, with financial statements prepared to reflect this restructuring [1][15]. Group 1: Audit Opinion - The audit report indicates that the simulated financial statements fairly reflect the company's financial position and operating results for the years ending December 31, 2023, and December 31, 2024 [2][3]. - The audit was conducted in accordance with Chinese CPA auditing standards, ensuring independence and adherence to professional ethics [2][3]. Group 2: Key Audit Matters - Revenue recognition is a critical audit matter, with reported revenues for 2023 and 2024 being CNY 474.04 million and CNY 662.51 million, respectively, indicating a growth of 72.57% and 69.89% [3][5]. - Asset impairment is another key area, with fixed asset impairment provisions amounting to CNY 265.07 million, intangible asset impairment provisions at CNY 61.56 million, and construction in progress impairment provisions at CNY 50.92 million as of December 31, 2024 [6][7]. Group 3: Company Overview - Nanjing Chemical Fiber Co., Ltd. was established on June 25, 1992, and is primarily engaged in the manufacturing of chemical fibers [9][10]. - The company has undergone several capital increases and stock issuances, with the total share capital reaching 366.35 million shares as of December 31, 2024 [14][15]. Group 4: Financial Reporting Basis - The financial statements are prepared based on the assumption of going concern, with no significant factors affecting the company's ability to continue operations identified for the next 12 months [17]. - The company plans to raise up to CNY 500 million through the issuance of shares to specific investors to support the acquisition transaction [15][16].

Core Viewpoint - The legal opinion issued by Shanghai Jintiancheng Law Firm confirms that Nanjing New Work Investment Group and its concerted actors are exempt from making a public offer in relation to their acquisition of Nanjing Chemical Fiber Co., Ltd. This is based on compliance with relevant laws and regulations, including the Securities Law and the Takeover Management Measures [1][3][9]. Group 1: Acquisition Details - The acquisition involves a major asset swap, issuance of shares, and cash payment to purchase 100% of Nanjing Craft's shares, along with raising supporting funds from no more than 35 specific qualified investors, including New Work Group [7][8]. - Prior to the acquisition, the acquirer and its concerted actors held a total of 155,568,837 shares, representing 42.47% of the company. Post-acquisition, this will increase to 239,437,770 shares, or 42.91% [8]. Group 2: Legal Basis for Exemption - According to the Takeover Management Measures, if an acquirer holds more than 30% of a company's issued shares, they are required to make a public offer unless exempted under specific conditions [9]. - The acquirers have committed to not transferring the newly issued shares for three years, and the non-related shareholders of the company have approved the exemption from making a public offer [10]. Group 3: Compliance and Approval - The legal opinion asserts that the acquirer and its concerted actors are legally established and in good standing, with no circumstances that would prevent them from acquiring the listed company [7]. - The acquisition has already received necessary approvals and authorizations, with further approvals pending to ensure lawful implementation [10].

股票代码： 600889 股票简称：南京化纤 编号：2025-025 南京化纤股份有限公司 关于股东权益变动的提示性公告 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。 南京化纤股份有限公司（以下简称"公司"或"上市公司"）拟通过资产置 换、发行股份及支付现金的方式购买南京工艺装备制造股份有限公司（以下简称 "南京工艺"）100%股份，并募集配套资金（以下合称"本次交易"）。 公司董事会就本次交易方案进行了认真、审慎分析，现将本次交易涉及的公 司股东权益变动情况公告如下： 一、本次权益变动基本情况 南京化纤股份有限公司重大资产置换、发行股份及支付现金购买资产并募集配套 资金暨关联交易报告书（草案）>及其摘要的议案》等与本次交易相关的各项议 案，并在指定信息披露媒体进行披露。本次交易方案由重大资产置换、发行股份 及支付现金购买资产及募集配套资金三部分组成。前述重大资产置换、发行股份 及支付现金购买资产互为条件、同时进行，共同构成本次重组不可分割的组成部 分，其中任何一项未获得所需的批准，则本次重组自始不生效；本次募集配套资 ...

南京化纤股份有限公司董事会 关于本次交易信息公布前公司股票价格波动情况的说明 南京化纤股份有限公司（以下简称"公司"）拟通过资产置换、发行股份及 支付现金购买南京工艺装备制造股份有限公司（以下简称"南京工艺"）100% 股份，并募集配套资金（以下简称"本次交易"）。 因筹划本次重组事项，经公司申请，公司股票自 2024 年 11 月 4 日开市起停 牌。本次停牌前一交易日（2024 年 11 月 1 日），公司收盘价格为 7.00 元/股，停 牌前第 21 个交易日（2024 年 9 月 27 日）收盘价格为 5.35 元/股。 本次停牌前 20 个交易日内，公司股票、上证综指（000001.SH）及万得化纤 行业指数（882570.WI）的累计涨跌幅情况如下表所示： 停牌前第 21 个交易日 停牌前最后 1 个交易日 项目 涨跌幅 （2024 年 9 月 27 日） （2024 年 11 月 1 日） 股票收盘价（元/ 股） 上 证 指 数 （000001.SH） 万得化纤行业指 数（882570.WI） 剔除大盘因素影响涨跌幅 24.86% 剔除同行业板块因素影响涨跌幅 23.88% 特此说明。 南京化纤 ...

Core Viewpoint - The company plans to acquire 100% of Nanjing Gongyi Equipment Manufacturing Co., Ltd. through asset swaps, share issuance, and cash payments, while ensuring no immediate dilution of earnings per share occurs post-transaction [1][4]. Financial Impact - Total assets are projected to increase from 148,443.96 million to 152,746.88 million, a rise of 2.90% [2] - Total liabilities will decrease significantly from 106,733.48 million to 49,828.65 million, a reduction of 53.31% [2] - Equity attributable to shareholders will rise from 42,374.98 million to 103,582.72 million, an increase of 144.44% [2] - Operating revenue is expected to decline from 66,250.72 million to 49,693.22 million, a decrease of 24.99% [2] - Net profit attributable to shareholders will improve from -44,872.22 million to 41,009.43 million, an increase of 191.39% [2] - The debt-to-asset ratio will drop from 71.90% to 32.62%, a decrease of 54.63% [2] - Basic earnings per share will increase from -1.22 to 0.73, a change of 160.00% [2] Necessity and Rationality of the Transaction - The company aims to divest its loss-making operations and inject high-quality business assets to achieve a business transformation and enhance future competitiveness [3] - The acquisition will provide access to a mature product line, customer base, and technical talent in the rolling functional components sector, facilitating a strategic upgrade [3] - The transaction is expected to improve the company's profitability and sustainable operational capacity, maximizing shareholder interests [4] Measures to Mitigate Dilution of Immediate Returns - The company plans to accelerate its strategic transformation and enhance core competitiveness through the transaction [4][5] - Funds raised from the transaction will be allocated to project construction and working capital, with a focus on key manufacturing projects aligned with national policies [4][5] - The company will strengthen governance and internal controls to improve operational performance and manage financial risks effectively [5] - A commitment to a sustainable and transparent profit distribution policy will be maintained to enhance shareholder returns [5] Commitments from Key Stakeholders - The controlling shareholder and their associates have committed to not interfere with the company's management and to protect shareholder interests [6] - All directors and senior management have pledged to fulfill their duties diligently and to uphold the rights of all shareholders [7]

购买资产并募集配套资金事项的停牌的公告》（公告编号：2024-048），公司申 请公司股票于2024年11月2日开市起停牌，停牌时间预计不超过10个交易日。停 牌期间，公司于2024年11月9日披露了《关于筹划资产置换、发行股份及支付现 金购买资产并募集配套资金事项的停牌进展公告》（公告编号：临2024-049）。 相关文件。 查，同意将相关议案提交公司董事会审议。 事会第十一次会议，审议通过了本次交易方案及相关议案。鉴于本次交易涉及的 审计、评估等工作尚未完成，董事会拟暂不召集公司股东大会审议本次交易相关 事项。 南京化纤股份有限公司董事会 关于公司本次重组履行法定程序的完备性、合规性及提交法律文 件的有效性的说明 南京化纤股份有限公司（以下简称"公司"或"上市公司"）拟通过资产置 换、发行股份及支付现金的方式购买南京工艺装备制造股份有限公司100%股份， 并募集配套资金（以下简称"本次交易"）。 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司重大 资产重组管理办法》《上市公司监管指引第9号——上市公司筹划和实施重大资 产重组的监管要求》《上市公司信息披露管理办法》《上海证券交易所股票上市 ...

南京化纤股份有限公司独立董事 南京化纤股份有限公司（以下简称"公司"或"上市公司"或"南京化纤"） 拟以资产置换、发行股份及支付现金的方式购买南京新工投资集团有限责任公司 （以下简称"新工集团"）、南京新工并购股权投资基金合伙企业（有限合伙） （以 下简称"新工基金"）、南京机电产业（集团）有限公司（以下简称"机电集团"）、 南京艺工新合壹号企业管理合伙企业（有限合伙） （以下简称"新合壹号"）、南京 根据《中华人民共和国公司法》 《中华人民共和国证券法》 艺工诚敬壹号企业管理合伙企业（有限合伙） （以下简称"诚敬壹号"）、南京艺工 新合贰号企业管理合伙企业（有限合伙） （以下简称"新合贰号"）、南京艺工诚敬 贰号企业管理合伙企业（有限合伙） （以下简称"诚敬贰号"）、上海亨升投资管理 有限公司（以下简称"亨升投资"）、江苏和谐科技股份有限公司（以下简称"和谐 股份"）、南京高速齿轮产业发展有限公司（以下简称"南京高发"）、南京埃斯顿 自动化股份有限公司（以下简称"埃斯顿"）、南京大桥机器有限公司（以下简称"大 桥机器"）、上海巽浩投资合伙企业（有限合伙） （以下简称"巽浩投资"）、上海渝 华电话工程有限公司 ...