Group 1 - The controlling shareholder of Kehua Holdings has changed to Lu Hongping, with the actual controllers now being Lu Hongping and Tu Han [1] Group 2 - There is a growing concern in the market regarding consumer loans, as banks are demanding invoices to be uploaded within seven days, leading to anxiety among some individuals while others are capitalizing on the situation by offering invoice approval services [1]

完成过户登记暨控制权发生变更的公告 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。 重要内容提示： 证券代码：603161 证券简称：科华控股 公告编号：2025-065 科华控股股份有限公司 关于控股股东、实际控制人协议转让公司股份 本次协议转让基本情况 2025 年 8 月 22 日，科华控股股份有限公司（以下简称"公司"或"上市公 司"）控股股东、实际控制人陈洪民，共同实际控制人陈小科，陈洪民持股 100% 的科华投资管理有限公司（以下简称"科华投资"），公司持股 5%以上股东上 海晶优新能源有限公司（以下简称"上海晶优"）与卢红萍、涂瀚（以下简称"收 购人"）分别签署《涂瀚与陈洪民、陈小科及江苏科华投资管理有限公司关于科 华控股股份有限公司之股份转让协议》与《卢红萍、涂瀚与上海晶优新能源有限 公司关于科华控股股份有限公司之股份转让协议》（以下合称"《第一期转让协 议》"），约定收购人以协议转让的方式合计受让陈洪民、陈小科、科华投资（以 下合称"陈洪民及其一致行动人"）与上海晶优持有的公司 31,454,679 股股份（ ...

Economic News - The Ministry of Culture and Tourism plans to launch a three-year action plan to boost cultural and tourism consumption, with over 330 million yuan in subsidies [2] - As of the end of August, China's electric vehicle charging infrastructure reached 17.348 million, a 53.5% increase year-on-year [2] - The Federal Reserve lowered the federal funds rate target range by 25 basis points to 4.00%-4.25%, marking its first rate cut since December 2024 [2] - The 12th Beijing Xiangshan Forum opened with over 1,800 participants from more than 100 countries and organizations [2] - Japan's government initiated a national AI strategy to become the most AI-friendly country globally [2] - The 9th China (Tianjin) Nucleic Acid Drug Conference was held, with significant projects signed, focusing on nucleic acid drug development [2] - BP plans to invest over £3.6 billion (approximately $5 billion) annually in the U.S. over the next five years [2] - The People's Bank of China conducted a 487 billion yuan reverse repurchase operation, with a net injection of 195 billion yuan [2] - The People's Bank of China will issue a 600 billion yuan central bank bill with a maturity of six months [2] Key Company Information - Shanghai Construction Group reported that its gold business revenue is less than 0.5% of total revenue, with minimal impact on operations [5] - Guangji Pharmaceutical received approval for the re-registration of its chemical raw material drug Vitamin B6 [5] - CATL stated that sodium-ion batteries have lower energy density than lithium-ion batteries but offer better low-temperature performance and safety [5] - Jitu Express announced a share buyback plan for up to 10% of its B shares, citing undervaluation [5] - New China Life Insurance reported a cumulative premium income of 158.086 billion yuan from January to August 2025, a 21% year-on-year increase [5] Industry Analysis - In August, domestic airlines' capacity increased by approximately 1.7% year-on-year, with a notable improvement in passenger load factor [7] - The overall passenger load factor for listed airlines improved by 0.9 percentage points year-on-year and 3.3 percentage points month-on-month in August [7] - The international route capacity for listed airlines increased by 14.6% year-on-year, with a 2.8 percentage point month-on-month improvement in load factor [9] - The release of the "Self-Discipline Convention for Air Passenger Transport" in August is expected to help stabilize the industry and improve profitability [10] - The domestic automotive market saw a production and sales increase of 8.7% and 10.1% respectively in August, with significant growth in new energy vehicles [12] - New energy vehicle sales accounted for 52.1% of total domestic vehicle sales in August, with a year-on-year increase of 18.3% [13] - The export of new energy vehicles showed strong performance, with a 19.6% year-on-year increase in August [14] - The automotive industry is experiencing a shift towards electrification and intelligent technology, with domestic brands gaining market share [16][17]

Group 1 - The company announced that it will hold a half-year performance briefing on September 24, 2025 [1]

证券代码：603161 证券简称：科华控股 公告编号：2025-064 科华控股股份有限公司 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。 重要内容提示： （网址：https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频录播和网络互动 投资者可于 2025 年 09 月 17 日（星期三）至 09 月 23 日（星期二）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 zqsw@khmm.com.cn 进行提问。公司将在说明会上对投资者普遍关注的问题进行 回答。 科华控股股份有限公司（以下简称"公司"）已于 2025 年 8 月 26 日发布公 司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度 经营成果、财务状况，公司计划于 2025 年 09 月 24 日（星期三）15:00-16:00 举行 2025 年半年度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说 ...

证券代码：603161 证券简称：科华控股 公告编号：2025-063 科华控股股份有限公司 关于持股 5%以上股东部分股份解除质押的公告 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。 重要内容提示: 科华控股股份有限公司（以下简称"公司"）持股 5%以上股东上海晶优 新能源有限公司（以下简称"上海晶优"）持有公司股份 21,691,419 股，占公司 总股本的 11.16%。本次股份解除质押后，上海晶优累计质押公司股份 550,000 股，占其持有公司股份总数的 2.54%，占公司总股本的 0.28%。 公司于近日收到公司持股 5%以上股东上海晶优关于其所持有本公司的部分 股份解除质押的通知，具体情况如下： 科华控股股份有限公司董事会 2025 年 8 月 30 日 1 股东名称 上海晶优新能源有限公司 本次解除质押股份 12,450,000 股 占其所持股份比例 57.4% 占公司总股本比例 6.40% 解除质押时间 2025 年 8 月 27 日 持股数量 21,691,419 股 持股比例 11.16% 剩余被质押股 ...

Core Viewpoint - The acquisition of Kewah Holdings Co., Ltd. is aimed at gaining control of the company based on its intrinsic value and growth potential, with plans to enhance its operational management and competitiveness in the market [11][12]. Group 1: Acquisition Details - The acquirer, Lu Hongping, plans to acquire a total of 30,000,000 shares from Kewah Holdings, with Lu Hongping acquiring 21,000,000 shares and Tu Han acquiring 9,000,000 shares [12][19]. - The first phase of the acquisition involves Lu Hongping and Tu Han acquiring 17,846,140 shares from Shanghai Jingyou, representing 9.18% of the total shares before the issuance [12][19]. - The second phase will see Tu Han acquiring 9,766,073 shares from Chen Hongmin and his associates, representing 5.02% of the total shares before the issuance [14][19]. Group 2: Shareholding Changes - After the completion of the first phase, Lu Hongping will hold 23,794,805 shares (12.24% of total shares), while Tu Han will hold 14,383,234 shares (7.40% of total shares) [13][15]. - Following the second phase, the total shares held by Lu Hongping and Tu Han will increase to 47,944,112 shares, representing 24.66% of the total shares before the issuance [15][19]. - Post the issuance of new shares, the combined shareholding of Lu Hongping and Tu Han is expected to rise to 77,944,112 shares, accounting for 34.73% of the total shares [16][19]. Group 3: Regulatory Compliance - The acquisition has undergone necessary approval processes, including compliance checks by the Shanghai Stock Exchange and the China Securities Regulatory Commission [12][19]. - The acquirers have committed to not seeking control of the company during their ownership period, as stated in the commitment letter provided by Chen Hongmin and Chen Xiaoke [18][19]. - The acquisition process includes signing various agreements, such as the share transfer agreements and the voting rights waiver agreement, to ensure compliance with regulatory requirements [12][19].

Core Viewpoint - The legal opinion from Beijing Deheng Law Firm confirms that Lu Hongping and Tu Han can acquire shares of Kehua Holdings without the obligation to make a public offer, based on compliance with relevant regulations and shareholder approvals [6][11]. Group 1: Acquisition Details - Lu Hongping and Tu Han plan to acquire a total of 41,220,752 shares from the transferor, representing 21.20% of the total shares before the issuance [7]. - After the acquisition, the total shares held by the acquirers will increase to 77,944,112 shares, accounting for 34.73% of the total shares post-issuance [7]. - The acquisition includes a commitment that the newly issued shares will not be transferred for 36 months following the issuance [7]. Group 2: Legal Basis for Exemption - According to Article 63 of the Acquisition Management Measures, investors can be exempted from making a public offer if they acquire new shares that exceed 30% of the total issued shares, with the approval of non-related shareholders [6][11]. - The board of directors of Kehua Holdings has approved the proposal to exempt the acquirers from making a public offer, pending approval from the shareholders' meeting [8]. Group 3: Compliance and Approval Process - The acquisition has undergone necessary approval procedures, including compliance checks by the Shanghai Stock Exchange and the need for shareholder approval for the issuance of new shares [9]. - The acquirers have fulfilled the current disclosure obligations as required by the Acquisition Management Measures [10][11]. Group 4: Legal Status of Acquirers - Lu Hongping and Tu Han are confirmed to have the legal capacity to act as shareholders of the listed company and do not fall under any disqualifying conditions as per the Acquisition Management Measures [6][11]. - There have been no securities violations by the acquirers or their immediate family members in the six months preceding the acquisition [10][11].

Core Viewpoint - The acquisition report outlines the acquisition of Kewah Holdings Co., Ltd. by Lu Hongping and Tu Han, aiming to gain control over the company and enhance its operational management and competitiveness [1][6][10]. Group 1: Acquisition Details - The acquisition involves Lu Hongping and Tu Han acquiring a total of 17,846,140 shares from Shanghai Jingyou, representing 9.18% of the company's total shares before the issuance [11]. - Tu Han will also acquire 13,608,539 shares from Chen Hongmin and his associates, which accounts for 7.00% of the total shares before the issuance [11]. - The acquisition is structured in two phases, with the first phase already signed and the second phase planned for completion by March 31, 2026 [10][11]. Group 2: Shareholding Changes - Following the completion of the first phase, Lu Hongping's shareholding will increase to 23,794,805 shares (12.24%), while Tu Han will hold 14,383,234 shares (7.40%) [9][10]. - After the second phase, the combined shareholding of Lu Hongping and Tu Han will rise to 47,944,112 shares, representing 24.66% of the total shares before the issuance [10][11]. - Post the planned issuance of 30,000,000 new shares, Lu Hongping and Tu Han's combined shareholding is expected to increase to 34.73% [11][13]. Group 3: Regulatory Compliance - The acquisition requires compliance with various regulatory approvals, including those from the Shanghai Stock Exchange and the China Securities Regulatory Commission [2][8]. - The report emphasizes that the acquisition's completion timeline is uncertain and dependent on obtaining necessary approvals [2][8]. Group 4: Purpose of Acquisition - The primary purpose of the acquisition is to gain control over Kewah Holdings and to enhance its operational management, thereby supporting long-term and healthy development [6][10]. - The acquirers have no immediate plans to increase or dispose of their shares within the next 12 months, barring any significant changes [6].

关于 卢红萍、涂瀚收购科华控股股份有限公司 免于发出要约的 北京德恒律师事务所 法律意见书 下列词语除非另有说明或上下文表明并不适用，在本法律意见中具有如下定 北京市西城区金融街 19 号富凯大厦 B 座 12 层 电话：010-52682888 传真：010-52682999 邮编：100033 | 正 文 | 7 | | --- | --- | | 一、收购人的主体资格 7 | | | 二、收购人免于发出要约的法律依据 | 7 | | 三、本次收购的法定授权和批准程序 | 8 | | 四、本次收购是否存在法律障碍 9 | | | 五、本次收购的信息披露 | 9 | | 六、收购人本次收购过程中是否存在证券违法行为 | 9 | | 七、结论意见 10 | | 北京德恒律师事务所 关于卢红萍、涂瀚收购科华控股股份有限公司 免于发出要约的法律意见书 释 义 义： | 科华控股、上市公司 | 指 | 科华控股股份有限公司 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 、 ...