Group 1 - Guizhou Moutai plans to establish a research institute company with its controlling shareholder, Moutai Group, with a registered capital of 1 billion yuan, where Guizhou Moutai will contribute 490 million yuan for a 49% stake [3] - Zhejiang Fu Holdings' subsidiary focuses on the research, design, manufacturing, and service of large and medium-sized hydropower turbine generator sets, with a significant project in the Yarlung Zangbo River area currently in the early construction phase [4] - Geer Software intends to acquire over 51% of Shenzhen Weipin Zhiyuan Information Technology Co., a leading digital transformation service provider in China [5] Group 2 - Sichuan Chengyu is part of a consortium that is the first candidate for the G5 Jingkun Expressway expansion project, with an estimated total investment of approximately 28.55 billion yuan, and the company plans to invest 4.902 billion yuan [6] - Sichuan Road and Bridge's subsidiary is participating in the same G5 Jingkun Expressway project, holding a 4% stake, with a total project investment of 28.55 billion yuan [7] - Xining Special Steel confirmed that there are no undisclosed significant information after its stock price experienced unusual fluctuations [8] Group 3 - Sanbo Brain Science's chairman has had his detention lifted and is now under investigation, returning to work [9][10] - Anke Intelligent Electric reported no significant changes in its operating environment and plans to disclose its semi-annual report on August 26 [11] - Funeng Technology received a development notice from GAC Group for battery supply, indicating increased market recognition for its SPS battery products [12] Group 4 - China Nuclear Power plans to invest 1 billion yuan in China Fusion Energy Company, acquiring a 6.65% stake, as part of a forward-looking strategy in the nuclear fusion energy sector [13] - Anfu Technology reported a net profit of 107 million yuan for the first half of 2025, a year-on-year increase of 14.38% [15] - Jieput's net profit is expected to increase by 57.03% to 82.6% in the first half of 2025, driven by rising demand for laser devices [16] Group 5 - Microelectrophysiology anticipates a net profit increase of 76.34% to 105.73% in the first half of 2025, supported by strong overseas sales of its heart electrophysiology products [17] - Zhongman Petroleum signed a gas exploration and development contract in Algeria, with a 90% investment share in the Zerafa II block, which has an estimated gas resource of 109.257 billion cubic meters [20] - Guizhou Gas shareholders plan to reduce their holdings by up to 6% through various trading methods [22]

大宗交易减持，不超过：23,000,000 股 减持期间 2025 年 8 月 13 日～2025 年 11 月 12 日 | 证券代码：600903 证券简称：贵州燃气 | | | | | | | 公告编号：2025-059 | | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 债券代码：110084 债券简称：贵燃转债 | | | | | | | | | | | | | | | | | | | | | | | | | | | | 贵州燃气集团股份有限公司 | | | | | | | | | | | | | | | | | | | | | | | | | | | | 持股 5%以上股东减持股份计划公告 | | | | | | | | | | | | | | ...

| 证券代码：600903 | 证券简称：贵州燃气 | 公告编号：2025-059 | | --- | --- | --- | | 债券代码：110084 | 债券简称：贵燃转债 | | 贵州燃气集团股份有限公司 一、减持主体的基本情况 | 股东名称 | 北京东嘉投资有限公司 | | | | --- | --- | --- | --- | | 股东身份 | 控股股东、实控人及一致行动人 | □是 | √否 | | | 直接持股 5%以上股东 | √是 | □否 | 1 | | 董事、监事和高级管理人员 | □是 √否 | | --- | --- | --- | | 持股数量 | 215,797,778股 | | | 持股比例 | 18.76% | | | 当前持股股份来源 | IPO 前取得：215,797,778股 | | 股东名称 贵阳市工业投资有限公司 股东身份 控股股东、实控人及一致行动人 □是 √否 直接持股 5%以上股东 √是 □否 董事、监事和高级管理人员 □是 √否 持股数量 228,701,098股 持股比例 19.89% 当前持股股份来源 IPO 前取得：228,701,098股 上述减持 ...

Core Viewpoint - Guizhou Gas (600903) announced that Beijing Dongjia Investment Co., Ltd. and Guiyang Industrial Investment Co., Ltd. plan to reduce their holdings by up to 34.5 million shares, representing no more than 3% of the company's total share capital, due to personal funding needs [1] Summary by Relevant Sections - **Shareholding Reduction** - Beijing Dongjia and Guiyang Industrial Investment will reduce their holdings through centralized bidding and block trading from August 13, 2025, to November 12, 2025 [1] - **Current Shareholding** - As of the announcement date, Beijing Dongjia holds 18.76% of the company's shares, while Guiyang Industrial Investment holds 19.89% [1]

Core Viewpoint - Guizhou Gas is progressing with the acquisition of shale gas assets, which includes due diligence, auditing, and evaluation processes, as part of its plan to enhance its gas supply capabilities and overall company value [1][2][5]. Group 1: Acquisition Details - Guizhou Gas plans to acquire 100% equity of Guizhou Shale Gas, which has a mining area of 67.3231 square kilometers and an annual production capacity of 1.83 billion cubic meters, accounting for approximately 11% of Guizhou Gas's natural gas demand in 2023 [1][2]. - The acquisition involves issuing shares to specific investors and is part of a broader strategy to secure gas supply and enhance operational capabilities [1][2][7]. Group 2: Financial Performance - Guizhou Gas reported revenues of 6.163 billion yuan, 6.097 billion yuan, and 6.68 billion yuan for the years 2022, 2023, and 2024, respectively, with net profits of 25.49 million yuan, 78.08 million yuan, and 62.52 million yuan [6]. - The company experienced fluctuations in operating cash flow, attributed to reduced sales collections and increased employee wages, with a debt ratio rising to 64.2% by the end of 2024 [6]. Group 3: Market Outlook - The natural gas consumption in Guizhou Province is projected to reach around 4 billion cubic meters by 2025, with Guizhou Gas estimating its sales at 2 billion cubic meters for the same year [7]. - The acquisition is expected to enhance Guizhou Gas's gas source diversification and self-supply capabilities, promoting the coordinated development of gas production, supply, storage, and sales [7].

Summary of Key Points Group 1: Convertible Bond Issuance Overview - The company issued 10 million convertible bonds with a face value of 100 RMB each, totaling 1 billion RMB, approved by the China Securities Regulatory Commission on December 27, 2021 [1] - The bonds were listed on the Shanghai Stock Exchange on January 18, 2022, under the name "贵燃转债" and code "110084" [1] Group 2: Conversion Price Adjustments - The initial conversion price was set at 10.17 RMB per share, which was later adjusted down to 7.12 RMB per share as of the latest update [2] - The conversion price has undergone several adjustments since its initial setting, with the most recent adjustment occurring on June 16, 2025, lowering it to 7.12 RMB per share [3] Group 3: Conversion and Redemption Status - As of June 30, 2025, the total amount converted from the bonds was 84,896,000 RMB, representing 8.4896% of the total issuance, resulting in 11,823,401 shares, which is 1.0388% of the company's total shares before conversion [4] - There were 30 bonds redeemed under the additional redemption clause, totaling 3,000 RMB, with the redemption funds disbursed on May 31, 2023 [4] Group 4: Share Capital Changes - The total share capital increased from 1,150,008,288 shares to 1,150,008,428 shares due to the conversion of bonds, with only 140 shares being added [5]

可转债转股结果暨股份变动公告 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。 重要内容提示： 一、可转债发行上市概况 （一）经中国证券监督管理委员会《关于核准贵州燃气集团股份有限公司公开发行可 转换公司债券的批复》（证监许可〔2021〕2970号）核准，贵州燃气于2021年12月27日公 开发行可转换公司债券1,000万张，每张面值为人民币100元，发行总额为人民币10亿元， 期限6年。 1 / 4 证券代码：600903 证券简称：贵州燃气 公告编号：2025-058 债券代码：110084 债券简称：贵燃转债 贵州燃气集团股份有限公司 （三）根据《上海证券交易所股票上市规则》等有关法规的规定以及《募集说明书》 的约定，公司本次发行的"贵燃转债"自2022年7月1日起可转换为本公司股份，初始转股 价格为10.17元/股，最新转股价格为7.12元/股。历次价格调整情况如下： 1、2022年4月22日、5月13日，公司第二届董事会第二十四次会议、2021年年度股东大 会审议通过了《关于向下修正"贵燃转债"转股价格的议案》,按照公 ...

Core Viewpoint - Guizhou Gas Group Co., Ltd. has successfully issued convertible bonds totaling RMB 1 billion, with the funds primarily allocated for natural gas infrastructure projects, reflecting the company's strategic focus on expanding its operations in the clean energy sector [3][14][22]. Section 1: Bond Issuance Details - The convertible bond issuance was approved by the board on June 15, 2020, and received regulatory approval from the China Securities Regulatory Commission on September 10, 2021 [2][3]. - The total amount raised from the bond issuance is RMB 1 billion, with a net amount of RMB 992.42 million after deducting underwriting fees [3][22]. - The bonds have a maturity period of six years, from December 27, 2021, to December 26, 2027, with an annual interest rate of 0.30% for the first year [4][3]. Section 2: Financial Performance - In 2024, Guizhou Gas reported a revenue of RMB 6.68 billion, a year-on-year increase of 9.55%, while net profit decreased by 19.94% to RMB 630 million [20][21]. - The company’s total assets reached RMB 11.38 billion, reflecting a growth of 5.66% compared to the previous year [20][21]. - The company holds a dominant position in the natural gas market in Guizhou, with a significant share of the pipeline gas distribution rights across major cities [19][20]. Section 3: Use of Proceeds - The proceeds from the bond issuance are earmarked for key projects, including the construction of natural gas infrastructure in Guizhou, with a total investment requirement of RMB 1.88 billion [14][22]. - The company has established five natural gas pipelines and has secured gas distribution rights in 37 specific areas within Guizhou [19][20]. - The funds will also be used to cover any funding gaps for the projects, with the company prepared to utilize its own funds if necessary [14][22]. Section 4: Credit Rating - Guizhou Gas has received a credit rating of AA from China Chengxin International Credit Rating Co., Ltd., indicating a stable outlook for the company and its bonds [15].

股票代码：600903 股票简称：贵州燃气 债券代码：110084 债券简称：贵燃转债 贵州燃气集团股份有限公司 公开发行可转换公司债券 受托管理事务报告 （2024 年度） 债券受托管理人 住所：云南省昆明市北京路 155 号附 1 号 二〇二五年六月 重要声明 本报告依据《公司债券发行与交易管理办法》（以下简称"《管理办法》"）、 《贵州燃气集团股份有限公司公开发行可转换公司债券受托管理协议》（以下简 称"《受托管理协议》"）、《贵州燃气集团股份有限公司公开发行可转换公司 债券募集说明书》（以下简称"《募集说明书》"）《贵州燃气集团股份有限公 司 2024 年年度报告》等相关公开信息披露文件、第三方中介机构出具的专业意 见等，由本次债券受托管理人红塔证券股份有限公司（以下简称"红塔证券"） 编制。红塔证券对本报告中所包含的从上述文件中引述内容和信息未进行独立验 证，也不就该等引述内容和信息的真实性、准确性和完整性做出任何保证或承担 任何责任。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜做出独立判断，而不应将本报告中的任何内容据以作为红塔证券所作的承诺 或声明。在任何情况下，投 ...

贵州燃气集团股份有限公司 关于筹划发行股份购买资产并募集配套资金暨关联 交易事项的进展公告 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： 贵州燃气集团股份有限公司（以下简称"贵州燃气"或"公司"）于 2025 年 4 月 9 日披露的《贵州燃气集团股份有限公司发行股份购买资产并募集配套资 金暨关联交易预案》（以下简称"本次交易预案"）及其摘要中已对本次交易涉及 的有关风险因素及尚需履行的审批程序进行了详细说明，公司将根据相关事项的 进展情况，及时履行信息披露义务，提请广大投资者关注后续进展公告并注意投 资风险。 截至本公告披露日，除本次交易预案披露的风险因素外，公司尚未发现 可能导致公司董事会或者交易对方撤销、中止本次交易或者对本次交易方案作出 实质性变更的相关事项。本次交易相关工作正在有序推进中，公司将根据相关事 项的进展情况，及时履行信息披露义务。 一、本次交易概述 贵州燃气拟向贵州乌江能源投资有限公司、贵州省新动能产业发展基金合伙 企业（有限合伙）、贵州省新型工业化发展股权投资基金合伙企业（有限合伙） 发行 ...