Group 1: Market Activity and Trends - The number of major asset restructuring plans disclosed by companies listed on the Sci-Tech Innovation Board has reached 105 since the introduction of the "Eight Policies for the Sci-Tech Innovation Board," with 44 plans disclosed this year, indicating high market activity [1] - Mergers and acquisitions (M&A) are seen as crucial for companies to integrate resources, strengthen core business development, and cultivate new growth points, thereby enhancing competitiveness [1][5] - The increase in M&A activity on the Sci-Tech Innovation Board is viewed positively, as it reflects a proactive approach to resource integration in emerging sectors [1][5] Group 2: Policy Support - Recent policies, including the "Eight Policies for the Sci-Tech Innovation Board" and "Six Policies for Mergers and Acquisitions," have significantly improved the flexibility and feasibility of M&A transactions, reducing costs and difficulties associated with corporate integration [1][7] - The China Securities Regulatory Commission (CSRC) has revised the "Management Measures for Major Asset Restructuring of Listed Companies," which marks the full implementation of the "Six Policies for Mergers and Acquisitions" at the institutional level [7][8] - Local governments, including Shanghai and Beijing, have introduced supportive policies to encourage M&A activities among listed companies, focusing on enhancing industrial chain integration [8] Group 3: Company-Specific Developments - Aopu Mai plans to acquire 100% of the shares of Pengli Biological through a combination of issuing shares and cash payments, aiming to enhance its client base in the biopharmaceutical sector [2] - Xunjie Xing is actively progressing with its plan to acquire 100% of the shares of Jiazhihong, with due diligence and related audit work underway [3] - Haiguang Information is planning a share swap merger with Zhongke Shuguang, which has a market value of 90.6 billion yuan, to achieve complementary advantages in the information industry [4] Group 4: Industry Insights - The fast-paced technological evolution and intense competition in emerging sectors make M&A a vital strategy for companies to quickly integrate resources and enhance industry synergy [5][6] - M&A can help companies acquire new technologies, talent, and markets, thereby strengthening their core competitiveness and facilitating industrial upgrades [5][9] - The current wave of M&A activity may face challenges, such as the risk of failing to achieve synergies post-acquisition and the potential for unfulfilled performance commitments from acquisition targets [9]

Core Viewpoint - The merger plan between Haiguang Information and Zhongke Shuguang has been finalized, with Haiguang proposing a share exchange ratio of 0.5525:1, leading to Zhongke Shuguang's delisting and the new shares being listed on the Sci-Tech Innovation Board [2][3][4] Group 1: Merger Details - Haiguang Information will absorb Zhongke Shuguang through a share exchange, with a total transaction value of 1159.67 billion yuan [3][5] - The share exchange ratio is based on the average stock price over the previous 120 trading days, with Zhongke Shuguang's price adjusted upwards by 10% [3][5] - Following the merger, Haiguang Information will inherit all assets, liabilities, and rights of Zhongke Shuguang [3][4] Group 2: Industry Context - This merger is the first major case under the revised "Management Measures for Major Asset Restructuring of Listed Companies," benefiting from favorable policies [4] - The integration aligns with national technology strategies, emphasizing vertical integration in the computing power industry [4][5] - The merger is expected to enhance collaboration in technology and business development, potentially increasing the market value of the new entity [5][6] Group 3: Future Outlook - The merger is anticipated to create synergies in technology iteration, channel strengthening, and business expansion, positioning the new company for significant growth [6] - The integration aims to establish a comprehensive ecosystem from high-end chip design to high-end computing systems [5][6]

Core Viewpoint - The merger proposal between Haiguang Information and Zhongke Shuguang aims to create a comprehensive integration of resources in the domestic information industry, enhancing competitiveness in the computing power sector and aligning with national strategies for self-sufficiency in technology [1][2]. Group 1: Merger Details - Haiguang Information plans to absorb Zhongke Shuguang through a share exchange ratio of 0.5525:1, meaning each share of Zhongke Shuguang will be exchanged for 0.5525 shares of Haiguang Information [2]. - The merger will allow Haiguang Information to inherit all assets, liabilities, and rights of Zhongke Shuguang, with Zhongke Shuguang's listing being terminated post-merger [1]. Group 2: Strategic Implications - The merger is expected to create a synergy between Haiguang Information's strengths in chip design and Zhongke Shuguang's expertise in high-end computing and data center infrastructure, promoting technological breakthroughs and enhancing supply chain resilience [1][2]. - This transaction marks the first absorption merger following the revision of the "Major Asset Restructuring Management Measures" on May 16, indicating a significant step in the consolidation of the computing power industry in China [2]. Group 3: Market Impact - Analysts believe that the merger will enhance the overall competitiveness of domestic computing power and align with the national strategy for self-sufficiency, potentially leading to increased attention on technology and merger integration in the market [2][3]. - The merger is anticipated to accelerate the application of domestic chips across various sectors, including government, communication, finance, and energy, thereby promoting healthy development in the information industry [3].

Core Viewpoint - The merger between Haiguang Information and Zhongke Shuguang will result in Haiguang Information indirectly acquiring 124 million shares of Shuguang Shuchuang, representing 62.07% of its total share capital, while Zhongke Shuguang will no longer hold this stake [1] Company Summary - Haiguang Information will issue shares to shareholders of Zhongke Shuguang as part of the merger process [1] - After the completion of the merger, Zhongke Shuguang will not have plans to increase or decrease its holdings in Shuguang Shuchuang over the next 12 months [1]

Core Viewpoint - The merger between Haiguang Information and Zhongke Shuguang aims to strategically combine their strengths in the chip and data center infrastructure sectors, enhancing competitiveness and fostering the development of China's computing power industry [1][2]. Group 1: Merger Details - Haiguang Information and Zhongke Shuguang announced a stock swap merger plan on June 9, with a swap ratio of 0.5525:1 [1]. - Following the merger, Zhongke Shuguang will be delisted, and Haiguang Information will inherit all assets, liabilities, and rights of Zhongke Shuguang [1]. - The stock price for Haiguang Information is set at 143.46 CNY per share, while Zhongke Shuguang's price is 79.26 CNY per share [2]. Group 2: Strategic Objectives - The merger is intended to leverage Haiguang Information's technology in chips and Zhongke Shuguang's capabilities in complete machines and data center infrastructure, promoting resource integration and technological breakthroughs [2]. - The transaction aims to enhance the resilience of the industrial chain and accelerate the construction of the computing power industry ecosystem, improving competitiveness against international leaders [2]. Group 3: Stock Resumption - Both companies' stocks will resume trading on June 10 [3].

证券代码：603019 证券简称：中科曙光 公告编号：2025-046 曙光信息产业股份有限公司 关于调整公司回购注销部分限制性股票回购价格 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。 曙光信息产业股份有限公司（以下简称"公司"）于 2025 年 6 月 8 日召开 第五届董事会二十二次会议和第五届监事会第十五次会议，审议并通过了《关于 调整公司回购注销部分限制性股票回购价格的议案》，依据《上市公司股权激励 管理办法》（以下简称"管理办法"）、公司《2021 年限制性股票激励计划（草 案）》（以下简称"激励计划"）等相关规定，根据分红实施方案，调整公司回 购注销部分限制性股票回购价格。现将具体情况公告如下： 一、公司激励计划的批准和实施情况 1、2021 年 4 月 18 日，公司召开第四届董事会第九次会议，审议通过《关 于公司<2021 年限制性股票激励计划（草案）〉及其摘要的议案》《关于公司<2021 年限制性股票激励计划实施考核管理办法〉的议案》《关于提请公司股东大会授 权董事会办理 2021 年限制性 ...

证券代码：603019 证券简称：中科曙光 公告编号：2025-045 曙光信息产业股份有限公司 关于 2021 年限制性股票激励计划首次授予部分第 三个解除限售期与预留授予部分第二个解除限售期 解除限售条件成就的公告 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。 重要内容提示： 曙光信息产业股份有限公司（以下简称"公司"）于 2025 年 6 月 8 日召开 第五届董事会第二十二次会议和第五届监事会第十五次会议，审议并通过了《关 于 2021 年限制性股票激励计划首次授予部分第三个解除限售期解除限售条件达 成的议案》、《关于 2021 年限制性股票激励计划预留授予部分第二个解除限售 期解除限售条件达成的议案》。现将具体情况公告如下： 一、公司激励计划的批准和实施情况 （一）已履行的决策程序和信息披露情况 1、2021 年 4 月 18 日，公司召开第四届董事会第九次会议，审议通过《关 1 本次符合解除限售条件的激励对象：首次授予部分共计 450 人，预留授予部 分共计 50 人。 本次可解除限售条件的限制性股票数量： ...

北京市中伦律师事务所 关于曙光信息产业股份有限公司 股票激励计划相关事项的 法律意见书 2025 年 6 月 北京 • 上海 • 深圳 • 广州 • 武汉 • 成都 • 重庆 • 青岛 • 杭州 • 南京 • 海口 • 东京 • 香港 • 伦敦 • 纽约 • 洛杉矶 • 旧金山 • 阿拉木图 Beijing • Shanghai • Shenzhen • Guangzhou • Wuhan • Chengdu • Chongqing • Qingdao • Hangzhou • Nanjing • Haikou • Tokyo • Hong Kong • London • New York • Los Angeles • San Francisco • Almaty | | | 致：曙光信息产业股份有限公司 北京市中伦律师事务所（以下简称"本所"）接受曙光信息产业股份有限公 司（以下简称"中科曙光"或"公司"）的委托，担任其 2021 年限制性股票激 励计划（以下简称"本次激励计划"）事宜的专项法律顾问，就公司调整回购注 销部分限制性股票回购价格及本次激励计划首次授予部分第三个解除限售期与 预留授予部分第二个 ...

证券简称：中科曙光 证券代码：603019 上海荣正企业咨询服务（集团）股份有限公司 关于 曙光信息产业股份有限公司 2021 年限制性股票激励计划首次授予部分第三个解 除限售期与预留授予部分第二个解除限售期 解除限售条件成就之 独立财务顾问报告 2025 年 6 月 | 一、释义 . | | --- | | 二、声明 . | | 三、基本假设 | | 四、2021 年限制性股票激励计划已履行的相关审批程序 6 | | 五、独立财务顾问意见 . | | （一）2021 年限制性股票激励计划首次授予部分第三个解除限售期与预留授 | | 予部分第二个解除限售期解除限售条件成就情况 10 | | （二）2021 年限制性股票激励计划激励对象股票解除限售安排 15 | | （三）结论性意见 | | 六、备查文件及咨询方式 . | | (一) 备查文件 | | （二） 咨询方式 | 一、释义 本独立财务顾问报告中，除非文义载明，下列简称具有如下含义： | 中科曙光、上市公 | 指 | 曙光信息产业股份有限公司 | | --- | --- | --- | | 司、公司 | | | | 本激励计划、本计 划、限制性股票激 ...

北京市中伦律师事务所 关于曙光信息产业股份有限公司 股票激励计划相关事项的 法律意见书 2025 年 6 月 北京 • 上海 • 深圳 • 广州 • 武汉 • 成都 • 重庆 • 青岛 • 杭州 • 南京 • 海口 • 东京 • 香港 • 伦敦 • 纽约 • 洛杉矶 • 旧金山 • 阿拉木图 Beijing • Shanghai • Shenzhen • Guangzhou • Wuhan • Chengdu • Chongqing • Qingdao • Hangzhou • Nanjing • Haikou • Tokyo • Hong Kong • London • New York • Los Angeles • San Francisco • Almaty | | | 北京市中伦律师事务所 关于曙光信息产业股份有限公司 股票激励计划相关事项的 法律意见书 致：曙光信息产业股份有限公司 北京市中伦律师事务所（以下简称"本所"）接受曙光信息产业股份有限公 司（以下简称"中科曙光"或"公司"）的委托，担任其 2021 年限制性股票激 励计划（以下简称"本次激励计划"）事宜的专项法律顾问，就公司调整回购注 ...