Core Viewpoint - The company, Blue Science High-tech (601798), announced a change in its major asset restructuring plan, shifting to a cash acquisition of a 51% stake in China Air Separation held by China Pudong Development Bank, which aims to optimize its asset structure and support its transformation into an energy equipment solution provider [2][4]. Financial Performance - In the first three quarters of the year, the company achieved a revenue of 588.91 million yuan, representing a year-on-year increase of 18.02% [6][8]. - The net profit attributable to shareholders reached 33.31 million yuan [6][8]. - The operating cash flow net amount decreased by 33.67% compared to the previous period [8]. Business Overview - Blue Science High-tech primarily engages in the research, design, production, installation, and technical services of specialized equipment for the petroleum, petrochemical, and new energy sectors [5]. - Key products and services include heat exchangers, air coolers, crude oil separation equipment, and various separation technologies, serving industries such as petroleum, chemical, power, and pharmaceuticals [5].

Core Viewpoint - Gansu Blue Science and Technology Petrochemical High-tech Equipment Co., Ltd. (referred to as "Blue Science and Technology" or "the company") received a warning letter from the Gansu Securities Regulatory Bureau regarding violations by its former controlling shareholder and related parties, involving over 100 million yuan in non-compliance with disclosure regulations [1][2][4]. Group 1: Regulatory Violations - The former controlling shareholder, China Energy Engineering Group Co., Ltd., and its chairman Liu Bin failed to cooperate with Blue Science and Technology in disclosing related parties and transactions, with undisclosed amounts of 44.76 million yuan and 72.36 million yuan for the years 2019 and 2020 respectively [2][5]. - Blue Science and Technology's former chairman Duan Yulin and deputy general manager Zhou Chunping also received warning letters for not disclosing related parties and non-operational fund occupation, which involved a total of 47 million yuan [3][6]. Group 2: Asset Restructuring - Blue Science and Technology announced an adjustment to its major asset restructuring plan, now focusing solely on acquiring 51% of China Air Separation Engineering Co., Ltd. to optimize its asset structure and support its business transformation [7]. - The company reported a revenue of 589 million yuan for the first three quarters of 2025, representing an 18.02% year-on-year increase, and a net profit attributable to shareholders of 33.31 million yuan, up 260.93% year-on-year [7].

Company Overview - Lanke High-tech was established on April 30, 2001, and listed on the Shanghai Stock Exchange on June 22, 2011, with its registered and office address in Lanzhou, Gansu Province [1] - It is a significant player in the domestic oil and petrochemical specialized equipment sector, offering full industry chain service capabilities [1] Financial Performance - For Q3 2025, Lanke High-tech reported revenue of 589 million yuan, ranking 36th among 58 companies in the industry [2] - The industry leader, Zhongchuang Zhiling, achieved revenue of 30.745 billion yuan, while the industry average was 3.226 billion yuan [2] - The net profit for the same period was approximately 33.54 million yuan, placing the company 43rd in the industry [2] - The top performer, Zhongchuang Zhiling, had a net profit of 3.705 billion yuan, with the industry average at 268 million yuan [2] Financial Ratios - As of Q3 2025, Lanke High-tech's debt-to-asset ratio was 47.46%, higher than the industry average of 46.18% [3] - The gross profit margin stood at 25.76%, below the industry average of 26.77% [3] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 8.48% to 24,700 [5] - The average number of circulating A-shares held per shareholder increased by 9.26% to 14,300 [5] - Notable new shareholders include Huaxia Industry Prosperity Mixed A and Huaxia Excellent Growth Mixed A, holding 10.47 million shares and 2.64 million shares, respectively [5] Leadership - The chairman, Wang Jian, has a rich professional background, holding various financial management positions prior to his current role [4] - Lanke High-tech's controlling shareholder is China Pudong Machinery Industry Co., Ltd., with the actual controller being China National Machinery Industry Corporation [4]

Core Viewpoint - 蓝科高新 has decided not to proceed with the acquisition of 蓝亚检测, focusing instead on acquiring a 51% stake in 中国空分工程有限公司, which is expected to optimize the company's asset structure and support its transformation into an energy equipment solution provider [2][4][5]. Group 1: Transaction Changes - The initial plan included acquiring 100% of 蓝亚检测 and 51% of 中国空分, but the revised plan now only includes the latter [4][5]. - The decision to drop the acquisition of 蓝亚检测 was influenced by the results of due diligence and asset evaluation conducted by financial and legal advisors [5]. - The acquisition of 中国空分 is still expected to constitute a significant asset restructuring but will not lead to a change in control of the company [3][4]. Group 2: Financial and Operational Context - 中国空分, established in 1981, specializes in engineering design and consulting, with a registered capital of 50 million yuan [4]. - 蓝亚检测, founded in 2014, focuses on performance testing of equipment in various sectors, with a registered capital of 30 million yuan [4]. - 蓝科高新 reported a revenue of 589 million yuan and a net profit of 33.31 million yuan for the first three quarters of 2025, following four consecutive years of net losses [12]. Group 3: Regulatory Issues - 蓝科高新 and its former controlling shareholder received a warning from the 甘肃证监局 for failing to disclose related party transactions and non-operational fund usage [3][7]. - The warning involved significant amounts, including 44.76 million yuan and 72.36 million yuan related to undisclosed transactions in 2019 and 2020, respectively [7][9]. - Key individuals, including the former chairman and other executives, were held responsible for these regulatory violations [8][9].

Core Viewpoint - Gansu Lanke High-tech Equipment Co., Ltd. (referred to as "Lanke High-tech") received regulatory measures from the Shanghai Stock Exchange due to violations in information disclosure and operational norms, particularly concerning related party transactions and non-operating fund occupation [1][2][3] Group 1: Violations Identified - Lanke High-tech failed to disclose related parties and related transactions, specifically with Jiangsu Engao Industrial Technology Research Institute, which was controlled by its former major shareholder, China Energy Engineering Group Co., Ltd. (referred to as "China Energy"). The undisclosed related transactions amounted to CNY 44.7643 million in 2019 and CNY 72.36 million in 2020 [1][2] - The company also did not disclose the non-operating fund occupation by related parties, where CNY 47 million was paid to a related supplier but was used by China Energy from August 2019 to June 2020. This led to a correction in accounting errors in April 2024, adjusting total assets and net profits for the years 2019 and 2020 [2] Group 2: Accountability and Consequences - The regulatory body held multiple parties accountable, including China Energy for failing to inform about related party situations and for occupying company funds. The former chairman of China Energy, Liu Bin, was identified as primarily responsible for these actions [2] - Lanke High-tech's former chairman, Duan Yulin, and former vice president, Zhou Chunping, were also held responsible for their roles in information disclosure and contract management [2][3]

Core Viewpoint - Gansu Lanke High-tech Equipment Co., Ltd. (referred to as "Lanke High-tech") announced an adjustment to its major asset restructuring plan, shifting from acquiring two companies to a cash purchase of 51% equity in China Air Separation Engineering Co., Ltd. (referred to as "China Air Separation") from China Pudong Mechanical Industry Co., Ltd. [1][2] Group 1 - The restructuring plan has been streamlined, focusing solely on the acquisition of China Air Separation, compared to the original plan which included acquiring 100% of Shanghai Lanya Petrochemical Equipment Testing Co., Ltd. [1] - The decision to adjust the acquisition scope was made after careful research, with the company hiring financial advisors, auditors, evaluators, and legal institutions to conduct comprehensive due diligence on the target assets [1][2] - China Air Separation, established in 1981, has evolved into a professional engineering company with a focus on technology, offering services in engineering design, consulting, and general contracting across various sectors including industrial gas preparation and environmental engineering [1] Group 2 - The revised restructuring plan is expected to optimize Lanke High-tech's asset structure, support the company's engineering business, and facilitate its transformation into a comprehensive solution provider for energy equipment [2] - A share transfer intention agreement has been signed with the transaction counterpart, with core terms such as the specific transaction plan and pricing still under further negotiation [2]

Core Viewpoint - The announcement indicates that Lanke High-tech (601798.SH) has received warning letters from the Gansu Securities Regulatory Bureau regarding issues related to China Energy Engineering Group and its personnel, highlighting concerns over non-compliance in disclosing related party transactions and non-operational fund occupation [1] Group 1 - Lanke High-tech received warning letters from the Gansu Securities Regulatory Bureau on October 31, 2025 [1] - The warning letters were issued to both China Energy Engineering Group and Lanke High-tech, specifically addressing Liu Bin and Duan Yulin, as well as Zhou Chunping [1] - The investigation revealed that China Energy Engineering Group and Liu Bin failed to cooperate with Lanke High-tech in disclosing related parties and related transactions [1]

证券代码：601798 证券简称：蓝科高新 编号：2025-043 甘肃蓝科石化高新装备股份有限公司 关于前任控股股东、公司及相关责任人收到甘肃证监局 警示函的公告 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个别及连带责任。 2025 年 10 月 31 日，甘肃蓝科石化高新装备股份有限公司（以下简 称公司）收到中国证券监督管理委员会甘肃监管局（以下简称甘肃证监 局）下发的《关于对中国能源工程集团有限公司及刘斌采取出具警示函 措施的决定》（〔2025〕11 号）、《关于对甘肃蓝科石化高新装备股份 有限公司及段玉林、周春平采取出具警示函措施的决定》（〔2025〕12 号）（以下简称《警示函》）。公告如下： 一、《警示函》内容 "中国能源工程集团有限公司，刘斌: 经查，发现存在以下问题: 一、未配合蓝科高新披露关联方及关联交易 你公司系甘肃蓝科石化高新装备股份有限公司(以下简称"蓝科高新")时任控 股股东。江苏恩高工业技术研究院有限公司曾由你公司实际控制，你公司未履行主 动告知义务，导致蓝科高新在 2019 年、2020 年年度报告中未 ...

证券代码：601798 证券简称：蓝科高新 编号：2025-042 甘肃蓝科石化高新装备股份有限公司 答复：尊敬的投资者，您好！关于公司当前毛利率同比显著提升的情 况，这主要得益于公司主动优化产品结构、深化降本增效，并精准把握了 市场机遇。具体驱动因素如下：公司主动提升高技术含量、高附加值产品 的业务比重，对整体毛利率提升起到了关键作用。在巩固石油石化装备传 关于 2025 年第三季度业绩说明会召开情况的公告 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个别及连带责任。 一、说明会召开情况 甘肃蓝科石化高新装备股份有限公司（以下简称"公司"）于 2025 年 10 月 22 日发布了《关于召开 2025 年三季度业绩说明会的公告》，并 通过上海证券交易所上证路演中心网站"提问预征集"栏目以及邮件等方 式提前征集投资者所关注的问题。 公司于 2025 年 10 月 30 日 15:00—16:00 在上海证券交易所上证路演 中心（https://roadshow.sseinfo.com/）以网络互动形式召开了 2025 年 第三季度业绩 ...

经查，发现中国能源工程集团有限公司，刘斌存在以下问题:一、未配合蓝科高新披露关联方及关联交 易;二、非经营性占用上市公司资金。 智通财经APP讯，蓝科高新(601798.SH)发布公告，2025年10月31日，公司收到中国证券监督管理委员 会甘肃监管局(简称甘肃证监局)下发的《关于对中国能源工程集团有限公司及刘斌采取出具警示函措施 的决定》(〔2025〕11号)、《关于对甘肃蓝科石化高新装备股份有限公司及段玉林、周春平采取出具警 示函措施的决定》(〔2025〕12号)。 ...