Core Viewpoint - Haikou Group is progressing with a significant asset restructuring plan to acquire control of Hainan Tourism Duty-Free Goods Co., Ltd. from Hainan Tourism Investment Group Co., Ltd. through cash and/or asset payments, without issuing shares or raising supporting funds [1] Group 1: Transaction Details - The company has issued multiple progress announcements since September 2024 regarding the acquisition due to intensified competition in the domestic duty-free market and a slowdown in consumer demand, leading to underperformance of the target company's results [1] - The transaction involves various uncertainties, including final negotiations of the transaction plan, approval from the board of directors and shareholders, and other necessary approvals or permits [1] Group 2: Communication and Disclosure - The company will fulfill its information disclosure obligations in a timely manner based on the progress of the transaction-related work and will continue to engage in repeated discussions and negotiations with the parties involved in the transaction [1]

Core Viewpoint - Hainan Haikou Transportation Group Co., Ltd. is progressing with a significant asset restructuring plan, aiming to acquire control of the Hainan Duty-Free project through cash and/or asset payments, without issuing shares or raising funds [1] Group 1: Restructuring Plan - The company plans to acquire control of the Hainan Duty-Free project after the separation of the Huating project, with specific asset scope to be negotiated [1] - The original restructuring plan included issuing shares and fundraising, which has undergone major adjustments scheduled for September 2024 [1] - Since the adjustments, the company has continuously disclosed progress on the restructuring [1] Group 2: Market Conditions - The performance of the target company has not met expectations due to intense competition in the domestic duty-free market and a slowdown in consumer demand [1] - The company is still in discussions and negotiations with various parties regarding the transaction [1] Group 3: Uncertainty and Compliance - The transaction plan requires decision-making and approval processes, and there is significant uncertainty regarding its final implementation [1] - The company will disclose information in accordance with regulations in a timely manner [1]

Market Overview - On September 29, the railway and highway sector rose by 0.41% compared to the previous trading day, with Fulin Transportation leading the gains [1] - The Shanghai Composite Index closed at 3862.53, up 0.9%, while the Shenzhen Component Index closed at 13479.43, up 2.05% [1] Stock Performance - Notable gainers in the railway and highway sector included: - Fulin Transportation (002357) with a closing price of 10.00, up 2.35% on a trading volume of 83,100 shares and a turnover of 82.01 million yuan [1] - Anhui Expressway (600012) closed at 13.57, up 1.95% with a trading volume of 151,300 shares and a turnover of 204 million yuan [1] - Dongguan Holdings (000828) closed at 11.33, up 1.80% with a trading volume of 84,900 shares and a turnover of 95.34 million yuan [1] Fund Flow Analysis - The railway and highway sector experienced a net outflow of 274 million yuan from institutional investors, while retail investors saw a net inflow of 178 million yuan [2] - The sector's overall fund flow indicated that retail investors were more active compared to institutional investors on that day [2] Individual Stock Fund Flow - Key stocks with significant fund flow included: - Haikou Group (603069) with a net inflow of 20.84 million yuan from institutional investors, but a net outflow of 19.49 million yuan from retail investors [3] - Sichuan Chengyu (601107) had a net inflow of 7.74 million yuan from institutional investors, while retail investors saw a net outflow of 612.25 million yuan [3] - Hainan Expressway (000886) recorded a net inflow of 11.83 million yuan from institutional investors, but retail investors had a net outflow of 660.90 million yuan [3]

上海市锦天城律师事务所 关于海南海汽运输集团股份有限公司 2025 年第三次临时股东会的 法律意见书 锦 天 域 律师事务 所 ALLBRIGHT LAW OFFICES 地址：上海市浦东新区银城中路 501 号上海中心大厦 9/11/12 层 电话: 021-20511000 传真: 021-20511999 邮编：200120 一、 本次股东会召集人资格及召集、召开的程序 经核查,公司本次股东会由公司董事会召集召开。公司已于 2025年 8月26 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于海南海汽运输集团股份有限公司 2025 年第三次临时股东会的 法律意见书 致:海南海汽运输集团股份有限公司 上海市锦天城律师事务所(以下简称"本所")接受海南海汽运输集团股份 有限公司(以下简称"公司")委托,就公司召开 2025年第三次临时股东会(以 下简称"本次股东会")的有关事宜,根据《中华人民共和国公司法》(以下简 称《公司法》)《上市公司股东会规则》等法律、法规、规章和其他规范性文件 以及《海南海汽运输集团股份有限公司章程》(以下简称《公司章程》)的有关 规定,出具本法律意见书。 为出具本 ...

一、 会议召开和出席情况 证券代码：603069 证券简称：海汽集团 公告编号：2025-063 海南海汽运输集团股份有限公司 2025年第三次临时股东会决议公告 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： 本次会议是否有否决议案：无 (一)股东会召开的时间：2025 年 9 月 12 日 (二)股东会召开的地点：海南海汽运输集团股份有限公司（海口市美兰区海府路 24 号海汽大厦 5 楼 2 号会议室） (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 349 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 184,552,100 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 58.4025 | (四)表决方式是否符合《公司法》及《公司章程》的规定，股东会主持情况等。 本次股东会由公司董事会召集，由董事长符人恩先生主持，会议采取现场投 票与网络投票相结合的表 ...

Core Viewpoint - The Hainan Free Trade Zone sector experienced a significant surge, with Haiqi Group hitting the daily limit, alongside other companies like Haima Automobile and Hainan Highway, following news of potential tax policy adjustments for duty-free goods aimed at enhancing residents' benefits [1] Group 1: Market Reaction - Hainan Free Trade Zone stocks, including Haiqi Group, Haima Automobile, and Hainan Highway, saw substantial gains, indicating strong market optimism regarding upcoming policy changes [1] - The surge in stock prices reflects investor confidence in the potential for increased consumer spending and economic activity within the region [1] Group 2: Policy Developments - National authorities are conducting research on tax policies for duty-free goods to enhance the purchasing power of local residents, which is expected to have a broad impact [1] - A new round of optimization and adjustment of the offshore duty-free policy is underway, aimed at increasing the attractiveness of the policy and promoting the return of overseas consumption [1]

Group 1 - The A-share market in Hainan experienced a short-term surge on September 12, with Haiqi Group hitting the daily limit up [1] - Other companies such as Hainan Highway, Luoniushan, and Hainan Ruize followed the upward trend [1]

Core Viewpoint - The Hainan Free Trade Port is set to officially start its full island closure operation on December 18, 2025, following approval from the Central Committee of the Communist Party of China [1] Group 1: Market Reaction - Hainan's stock market saw a surge, with Haiqi Group hitting the daily limit, and other companies like Hainan Highway, Haima Automobile, Caesar Travel, Luoniushan, and Hainan Rubber also experiencing gains [1] Group 2: Policy Developments - National authorities are conducting research on tax policies for certain imported goods for Hainan residents to enhance their sense of gain [1] - A new round of optimization and adjustment of the offshore duty-free policy is being studied to increase its attractiveness and promote the return of overseas consumption [1]

证券代码：603069 证券简称：海汽集团 公告编号：2025-062 海南海汽运输集团股份有限公司 关于召开2025 年半年度业绩说明会的公告 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法律责 任。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 年半年度 的经营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息 披露允许的范围内就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 1 （一）会议召开时间：2025 年 09 月 19 日（星期五）上午 10:00-11:00 重要内容提示： 会议召开时间：2025 年 09 月 19 日（星期五）上午 10:00-11:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 09 月 12 日（星期五）至 09 月 18 日（星期四） 16:00 前登录上证路演中心网站首 ...

一、本次交易概述 经初步筹划，海南海汽运输集团股份有限公司（以下简称"公司"或"上市公司"） 拟通过向海南省旅游投资集团有限公司（以下简称"海南旅投"）支付现金及/或资产 方式，收购剥离华庭项目后的海南旅投免税品有限公司（以下简称"海旅免税"）控 制权（以下简称"本次重组"或"本次交易"）。本次交易不涉及上市公司发行股份 或配套募集资金的行为。本次交易涉及的具体资产范围尚需交易双方进一步协商确定。 二、本次交易的进展情况 2024 年 10 月 1 日，公司在指定信息披露媒体披露了《关于重大资产重组事项的进 展公告》（公告编号：2024-082），披露本次重组进行的相关信息。 证券代码：603069 证券简称：海汽集团 公告编号：2025-061 海南海汽运输集团股份有限公司 关于重大资产重组事项的进展公告 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。 公司原重组方案为拟向海南旅投发行股份及支付现金购买其持有的海旅免税的全 部股权，同时拟向不超过 35 名符合条件的特定对象发行股票募集配套资金（以下简称 "原重组方案"）。 ...