利群商业集团股份有限公司 银行间债券市场信息披露事务管理制度 （2025 年 11 月） 第一章 总则 第一条 为规范利群商业集团股份有限公司（以下简称"公司"）在银行间 债券市场发行非金融企业债务融资工具的对外信息披露行为，保护投资者合法权 益，根据《中华人民共和国公司法》《中华人民共和国证券法》《银行间债券市 场非金融企业债务融资工具管理办法》等法律法规，以及中国银行间市场交易商 协会（以下简称"交易商协会"）《银行间债券市场非金融企业债务融资工具信 息披露规则》等相关自律性规范文件及《利群商业集团股份有限公司章程》（以 下简称"《公司章程》"），制定本制度。 第二条 公司接受交易商协会的自律管理，信息披露遵循真实、准确、完整、 及时、公平的原则，不得有虚假记载、误导性陈述或重大遗漏。信息披露语言应 简洁、平实和明确，不得有祝贺性、广告性、恭维性或诋毁性的词句。 公司如作为其他企业发行非金融企业债务融资工具的信用增进方，应比照本 制度履行信息披露义务。 第三条 信息披露文件一经公布不得随意变更。确有必要进行变更或更正的， 应披露变更公告和变更或更正后的信息披露文件。信息披露文件应以符合规定的 格式送达交易 ...

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。 一、董事会会议召开情况 利群商业集团股份有限公司（以下简称"公司"）第十届董事会第五次会议的 通知于 2025 年 11 月 6 日发出，会议于 2025 年 11 月 11 日上午以现场结合通讯 方式召开，应参会董事 9 人，实参会董事 9 人，会议由董事长徐瑞泽女士主持。 公司高管列席了本次会议。会议出席人数、召开和表决方式符合《公司法》等法 律、法规及《利群商业集团股份有限公司章程》的相关规定，合法有效。 二、董事会会议审议情况 经与会董事研究，会议审议通过了如下议案： 一、《关于制定<利群商业集团股份有限公司银行间债券市场信息披露事务 管理制度>的议案》 为规范公司在银行间债券市场发行非金融企业债务融资工具的对外信息披 露行为，保护投资者合法权益，根据《中华人民共和国公司法》、《中华人民共和 国证券法》、《银行间债券市场非金融企业债务融资工具管理办法》等法律法规， 以及中国银行间市场交易商协会《银行间债券市场非金融企业债务融资工具信息 披露规则》等相关自律性规范文件 ...

Group 1 - Triangle Defense signed a gas turbine project development and framework order agreement with Siemens Energy [1] - The development agreement allows Triangle Defense to qualify for supplying specific items to Siemens Energy, detailing technical prerequisites and standards [1] - Triangle Defense specializes in the research, production, and sales of forged products in aviation, aerospace, and shipping industries [1] Group 2 - Aerospace Hongtu was suspended from military procurement for three years due to alleged violations during a procurement activity [2] - The suspension will last from July 6, 2024, to July 6, 2027, affecting the company's participation in military material procurement [2] - Aerospace Hongtu focuses on satellite operations and data collection [3] Group 3 - Kaili Medical's executives purchased a total of 460,000 shares, investing approximately 13.15 million yuan [4] - The average purchase prices were 28.70 yuan and 28.53 yuan per share [4] - Kaili Medical is engaged in the research, production, and sales of medical diagnostic and treatment equipment [5] Group 4 - Muyuan Foods reported a 22.28% year-on-year decline in sales revenue from live pigs in October, totaling 10.33 billion yuan [6] - The average selling price of live pigs decreased by 32.73% year-on-year to 11.55 yuan per kilogram [6] - Muyuan Foods is involved in pig farming and slaughtering [7] Group 5 - Niuwei Co. plans to acquire 40% of its subsidiary Dongwu Machinery for 139 million yuan, aiming for full ownership [8] - Niuwei Co. specializes in the research, manufacturing, and sales of industrial valves [9] Group 6 - Jinlong Automobile reported a 14.71% year-on-year decline in bus sales in October, with 4,121 units sold [10] - Jinlong Automobile focuses on the production and sales of bus products [10] Group 7 - ST Tianshan reported a 242.54% year-on-year increase in sales revenue from live livestock in October, totaling 13.35 million yuan [11] - The company sold 1,367 head of livestock, marking a significant increase compared to previous periods [11] - ST Tianshan is involved in the breeding and sales of cattle and dairy products [12] Group 8 - Ningbo Port expects a 12.4% year-on-year increase in container throughput in October, reaching 4.56 million TEUs [13] - The total cargo throughput is projected to be 99.6 million tons, a 5.3% increase year-on-year [13] - Ningbo Port engages in port handling and logistics services [13] Group 9 - Amcare Pharma received approval for supplementary drug applications and clinical trials for its products [14] - The company is focused on new drug development and utilizes a MAH model for production [14] Group 10 - Lude Environment plans to change its stock name to "Lude Technology" while keeping its full name and stock code unchanged [15] - The company specializes in waste treatment and resource utilization technologies [15] Group 11 - Hualan Co. plans to increase its stake in the company by investing between 30 million and 60 million yuan [16] - The maximum purchase price is set at 58.08 yuan per share [16] - Hualan Co. focuses on the development and sales of packaging materials for injectable drugs [16] Group 12 - Caina Co. is using 140 million yuan of idle funds to purchase structured deposits from a bank, with expected annual yields between 0.70% and 1.85% [17] - Caina Co. specializes in the research, production, and sales of injection and laboratory consumables [17] Group 13 - Zhenghong Technology reported a 52.80% year-on-year decrease in sales revenue from live pigs in October, totaling 4.32 million yuan [18] - The company sold 400 head of pigs, marking a significant decline compared to previous periods [18] - Zhenghong Technology is involved in feed production and pig farming [18] Group 14 - Caida Securities received approval from the CSRC to issue bonds totaling up to 6 billion yuan [19] - The company is engaged in securities brokerage, investment banking, and asset management [19] Group 15 - Jiayuan Technology signed a copper foil supply framework agreement with CATL, establishing a long-term partnership [20] - The agreement includes collaboration in the supply and production of materials for new battery technologies [20] Group 16 - Haikong Group announced the resignation of its general manager due to personal career planning [21] - The company is involved in automotive passenger transport and related services [21] Group 17 - Beizhi Technology's application to acquire 100% of Suzhou Suike Intelligent Technology has been accepted by the Shanghai Stock Exchange [22] - The company specializes in intelligent logistics systems and equipment [22] Group 18 - Yikang Pharma's subsidiary received approval for clinical trials of a new injection for chronic hepatitis B [23] - The company focuses on the production and sales of raw and formulated pharmaceutical products [23] Group 19 - Hengyuan Coal Power plans to acquire 100% of two coal companies for 440 million yuan [24] - The acquisition includes assuming debts totaling 1.137 billion yuan [24] - Hengyuan Coal Power is involved in coal mining and sales [24] Group 20 - Yangpu Medical announced the cancellation of a production arrangement for a medical device [25] - The company specializes in precision medical and testing services [25] Group 21 - Kailong High-Tech plans to establish a 195 million yuan industry fund focusing on unlisted companies [26] - The company is involved in air pollution control and new energy management systems [26] Group 22 - Yingli Co. received approval for its application to acquire a majority stake in a company [27] - The company specializes in precision electronic components and related manufacturing [27] Group 23 - Tianyi Medical's arterial-venous puncture device received EU MDR certification, valid until January 2028 [28] - The company focuses on medical devices for blood purification and care [28] Group 24 - Chuangyuan Co. appointed a new president, effective until the end of the current board term [29] - The company specializes in the design and production of paper products [29] Group 25 - Shanghai Laishi's new indication for a drug received clinical trial approval [30] - The company focuses on the production and sales of blood products [30] Group 26 - Fengmao Co. plans to issue convertible bonds to raise up to 520 million yuan for expansion and working capital [31] - The company specializes in precision rubber components [31] Group 27 - Yinuo Si's shareholder plans to transfer 3% of the company's shares through an inquiry process [32] - The company provides comprehensive R&D services in the biopharmaceutical sector [32] Group 28 - Phoenix Shipping plans to use up to 50 million yuan of idle funds for cash management [33] - The company is involved in dry bulk shipping and logistics services [33] Group 29 - Xingyuan Zhuomei received a notification to supply magnesium alloy components worth 2.021 billion yuan to a new energy vehicle manufacturer [34] - The project is expected to start mass production in the third quarter of 2026 [34] Group 30 - Landai Technology's subsidiary plans to sell electric drive assembly assets for 110 million yuan [35] - The company specializes in power transmission and display technology [35] Group 31 - Yuexiu Capital plans to distribute a cash dividend of 0.90 yuan per share [36] - The company is involved in asset management and private equity [36] Group 32 - Northeast Securities plans to distribute a cash dividend of 1.00 yuan per share, totaling 234 million yuan [37] - The company focuses on wealth management and investment banking [37] Group 33 - Jinguang Electric won a bid for a project from the State Grid worth 21.7976 million yuan [38] - The company specializes in the research and manufacturing of power distribution equipment [39] Group 34 - Huarong Co. plans to repurchase shares worth between 40 million and 125 million yuan [40] - The company focuses on the production and sales of explosion-proof electrical equipment [40] Group 35 - Baiyang Pharma signed a distribution agreement for a blood product, gaining exclusive rights in specific markets [41] - The company specializes in the development and commercialization of medical innovations [41] Group 36 - Li Qun Co.'s director plans to reduce his stake by up to 71,000 shares due to personal financial needs [42] - The company is involved in retail and logistics services [42] Group 37 - Su Li Co.'s shareholder plans to reduce his stake by up to 0.48% of the company's shares [43] - The company specializes in the production and sales of fine chemical products [43] Group 38 - Shenzhen Ruijie obtained a commitment letter for a stock repurchase loan of up to 15.3 million yuan [44] - The company provides project management and evaluation services [44] Group 39 - Fudan Zhangjiang's shareholder plans to reduce his stake by up to 1% of the company's shares [45] - The company focuses on biopharmaceutical research and development [45] Group 40 - Ningbo Zhongbai's shareholder plans to reduce his stake by up to 1% of the company's shares [46] - The company is involved in retail and wholesale operations [46] Group 41 - Jingyi Co. announced a change in control due to a judicial auction of shares [47] - The company specializes in copper processing and digital carbon services [47] Group 42 - Luoping Zinc Electric's subsidiary obtained a new safety production license for mining operations [48] - The company focuses on hydropower and mining activities [48]

Core Viewpoint - The company Li Qun Co., Ltd. (601366.SH) announced a share reduction plan by its director and vice president Hu Peifeng, intending to sell up to 710,000 shares, which represents 0.08% of the total share capital, due to personal financial needs [1][2]. Summary by Relevant Sections Share Reduction Plan - Hu Peifeng plans to reduce his holdings within three months starting from 15 trading days after the announcement, excluding periods when share reductions are legally restricted [1]. - The maximum number of shares to be sold is 710,000, which is 25% of his total holdings at the end of the previous year [1][2]. Financial Implications - Based on the closing price of 4.59 yuan per share on November 4, the estimated cash amount from this reduction is approximately 3.2589 million yuan [2]. - Hu Peifeng initially held 3.8029 million shares, accounting for 0.44% of the total share capital, and has previously reduced his holdings by 950,000 shares, cashing out around 4.7928 million yuan [2]. Historical Share Reduction Data - The previous share reductions occurred between July 29, 2024, and August 9, 2024, with various prices and total cash amounts detailed [3]. - The cumulative cash from past reductions amounts to 4.7928 million yuan [3]. Fundraising Activities - The company issued 18 million convertible bonds in April 2020, raising a total of 1.8292869 billion yuan, with net proceeds after expenses amounting to 1.7892869 billion yuan [4]. - The total fundraising amount from the company's public offering was 1.55232 billion yuan, with net proceeds of 1.50699 billion yuan after underwriting fees [5].

Group 1 - The company announced a share reduction plan by its director and senior management, specifically Vice President Hu Peifeng, who holds 2,852,930 shares, accounting for 0.31% of the total share capital [2][3] - Hu Peifeng plans to reduce his holdings by up to 710,000 shares, which represents 0.08% of the company's total share capital, within three months after the announcement, excluding certain legal restrictions [3][5] - The reduction will be executed through the Shanghai Stock Exchange's trading system at market prices [3][7] Group 2 - The company confirmed that there are no other arrangements by the shareholder regarding the share reduction [4] - Hu Peifeng previously committed not to transfer or manage shares held before the IPO for 36 months and will limit annual transfers to 25% of his holdings thereafter [6] - The company will comply with all relevant regulations during the share reduction process and will ensure timely information disclosure [7][8] Group 3 - The company will hold a Q3 earnings presentation on November 12, 2025, from 16:00 to 17:00, at the Shanghai Stock Exchange Roadshow Center [9][10] - Investors can submit questions for the presentation from November 5 to November 11, 2025, and the company will address common concerns during the session [11][12] - The presentation will be conducted in an interactive online format, allowing for real-time engagement with investors [10][14]

Core Viewpoint - The company, Liqun Commercial Group Co., Ltd., is set to hold a third-quarter performance briefing on November 12, 2025, to discuss its operational results and financial status for Q3 2025, allowing investors to engage and ask questions [2][3][4]. Group 1: Performance Briefing Details - The performance briefing will take place on November 12, 2025, from 16:00 to 17:00 [4][5]. - The event will be conducted in an interactive online format via the Shanghai Stock Exchange Roadshow Center [3][5]. - Investors can submit questions from November 5 to November 11, 2025, before 16:00, through the Roadshow Center's website or via the company's email [2][6]. Group 2: Shareholding and Reduction Plan - As of the announcement date, the company's director and vice president, Hu Peifeng, holds 2,852,930 shares, representing 0.31% of the total share capital [9]. - Hu Peifeng plans to reduce his holdings by up to 710,000 shares, which is 0.08% of the total share capital, within three months after the announcement, subject to market conditions [10][11]. - The reduction will be executed through centralized bidding on the Shanghai Stock Exchange, with the selling price determined by market conditions at the time of sale [10][12].

Core Insights - On November 4, six A-share listed companies disclosed share buybacks, including Huakai Yibai, Midea Group, and Ningde Times [1] - Seventeen A-share listed companies announced share reductions, including Yinghe Technology and Tianhe Solar [1] Buyback Summary - Huakai Yibai: Director Zhuang Junchao plans to buy back at least 30 million yuan worth of shares [2] - Midea Group: Has repurchased A-shares totaling 9.575 billion yuan [2] - Qingyue Technology: Actual controller Gao Yudi proposed a buyback of 10 million to 20 million yuan [2] - Shenzhen Ruijie: Obtained a commitment letter for a special loan for stock buyback [2] - Ningde Times: As of October 31, has repurchased 15.9908 million shares for a total amount of 4.386 billion yuan [2] - Huarong Co.: Plans to buy back shares worth 40 million to 125 million yuan [2] Reduction Summary - Yinghe Technology: Director Wang Jun plans to reduce holdings by no more than 2,700 shares [2] - Shenzhou Information: Shareholder Shen Chang Technology has completed the reduction of 9.5 million shares [2] - Tianhe Solar: Youze Venture Capital reduced holdings by 12.4749 million shares from September 5 to November 3 [2] - Hongbai New Materials: Shareholder Xinyu Baolong plans to reduce no more than 3% of shares [2] - Guobo Electronics: Shareholder Zhongdian Ke Guomi plans to reduce no more than 2% of shares [2] - Aorite: Shareholder Tiantai Boren plans to reduce no more than 0.25% of shares [2] - Yinuosi: Shareholder Zhangjiang Biomedical Base plans to transfer 4.2294 million shares, accounting for 3% of total equity [2] - Founder Securities: Third-largest shareholder China Cinda plans to reduce no more than 1% of shares [2] - Nine Company: Depository receipt holders plan to reduce no more than 0.04% of depository receipts [2] - Ningbo Zhongbai: Shareholder Zhang Jiangbo plans to reduce no more than 1% of shares [2] - Fudan Zhangjiang: Shareholder Yang Zongmeng plans to reduce no more than 1% of shares [2] - Liqun Co.: Director and executive Hu Peifeng plans to reduce no more than 0.08% of shares [2] - Suli Co.: Shareholder Jiesheng Investment plans to reduce no more than 0.48% of shares [2] - Shengkong Co.: Shareholder More Light plans to reduce no more than 2% of shares [2] - Ruihua Tai: Shareholder Hangke New Century plans to reduce no more than 1% of shares [2] - Shentong Technology: Directors Wang Huan and Zhou Baocong plan to reduce no more than 0.0473% of shares [2] - Huapei Niuwu: Shareholder Guoshou Chengda plans to reduce no more than 2% of shares [2]

Summary of Key Points Core Viewpoint - Several shareholders across various companies are planning to reduce their stakes, indicating potential shifts in ownership dynamics within the market [1]. Group 1: Shareholder Reductions - Hongbo New Materials' shareholder, Xinyu Baolong, intends to reduce its stake by 3% [1]. - Dayilong's shareholder, Lefeng Investment, has reduced its stake by 3% [1]. - Ningbo Zhongbai's Zhang Jiangbo plans to reduce his stake by 1% [1]. - Founder Securities reports that China Cinda plans to reduce its stake by 1% within three months [1]. - Liqun Co., Ltd.'s director, Hu Peifeng, intends to reduce his stake by 0.08% [1]. - Suli Co., Ltd.'s Guosheng Investment plans to reduce its stake by 0.4816% [1]. - Jinzhen Co., Ltd.'s Zhao Jian and Xu Minbo have reduced their stakes by 0.98% and 0.11%, respectively [1]. - Shenkong Technology's Wang Huan and Zhou Baocong plan to reduce their stakes by up to 0.0263% and 0.0210% within three months [1]. - Huaxi Biological's shareholder, Guoshou Chengda, plans to reduce its stake by no more than 2% [1]. - Xuanta Pharmaceutical's Qihe Venture has reduced its stake by 0.7098% [1]. - Desheng Technology's actual controller, Guo Xiaobin, has reduced his stake by 0.51% [1]. - Liren Technology's Liren Investment has reduced its stake by 0.0779% [1]. Group 2: Shareholder Increases - Zhongju Gaoxin's Li Ruxiong has increased his stake by 0.0129% [1].

Group 1 - The core point of the news is that Hu Peifeng, the Vice President and Director of LQ Group Co., Ltd., plans to reduce his shareholding by up to 710,000 shares, which is 0.08% of the company's total share capital, within three months after the announcement [1] - As of the announcement date, Hu Peifeng holds approximately 2.85 million shares, accounting for 0.31% of the total share capital [1] - The company's revenue composition for the year 2024 is as follows: retail chain accounts for 60.47%, logistics supply chain 25.77%, other businesses 12.49%, and food industry and others 1.27% [1] Group 2 - The market capitalization of LQ Group is reported to be 4.2 billion yuan [2] - There is a significant increase in overseas orders for a related industry, with a reported growth of 246%, covering over 50 countries and regions [2] - Concerns have been raised about potential malicious competition in the industry, as some entities are selling at a loss [2]

Core Viewpoint - The company, Li Qun Co., Ltd. (601366.SH), announced a share reduction plan by its Vice President, Hu Peifeng, which will take place within a specified timeframe after the announcement [1] Summary by Sections Share Reduction Plan - Hu Peifeng plans to reduce his shareholding within three months after a 15 trading day period from the announcement date, excluding any legal or regulatory restrictions on share reduction [1] - The maximum number of shares to be reduced is up to 710,000 shares, which represents 0.08% of the company's total share capital [1] - The reduction price will be determined based on the market price at the time of the share reduction [1]