经中国证券监督管理委员会《关于核准兰州兰石重型装备股份有限公司非 公开发行股票的批复》（证监许可[2021]661 号）核准，公司于 2021 年 12 月非 公开发行人民币普通股（A 股）25,478.93 万股，发行价格为每股 5.22 元，募 集资金总额 133,000.00 万元，扣除发行费用后募集资金净额为 129,963.28 万 元，上述募集资金于 2021 年 12 月 10 日全部到账，大华会计师事务所（特殊普 通合伙)出具了大华验字[2021]第 000852 号《验资报告》。 （二）募集资金投资项目情况 国联民生证券承销保荐有限公司 关于兰州兰石重型装备股份有限公司部分募投项目延期的 核查意见 国联民生证券承销保荐有限公司（以下简称"国联民生承销保荐"、"保荐 机构"）作为兰州兰石重型装备股份有限公司（以下简称"兰石重装"、"公司"） 的持续督导机构，根据《证券发行上市保荐业务管理办法》《上海证券交易所股 票上市规则》《上海证券交易所上市公司自律监管指引第 1 号——规范运作》等 有关规定，对兰石重装本次部分募投项目延期进行了核查，具体情况如下： 一、募集资金及募投项目基本情况 （一）2 ...

证券代码：603169 证券简称：兰石重装 公告编号：临 2026-013 兰州兰石重型装备股份有限公司 关于部分募投项目延期的公告 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。 经中国证券监督管理委员会《关于核准兰州兰石重型装备股份有限公司非公 开发行股票的批复》（证监许可〔2021〕661 号）核准，公司非公开发行人民币 普通股（A 股）股票 254,789,272 股，发行价格为 5.22 元/股，募集资金总额 133,000.00 万元，扣除发行费用后募集资金净额为 129,963.28 万元。上述募集资 金已于 2021 年 12 月 10 日汇入公司募集资金专项账户，大华会计师事务所（特 殊普通合伙）对募集资金到位情况进行了验证并出具大华验字〔2021〕第 000852 号《验资报告》。公司依照规定对募集资金进行了专户存储，并与保荐机构、募 集资金专户监管银行签订了募集资金三方监管协议。 （二）募集资金投资项目情况 1 | 序 | | 是否 | 项目总额 | 拟投入募 | 调整后募集 | 已投入募集 | 投入募集 ...

一、董事会会议召开情况 证券代码：603169 证券简称：兰石重装 公告编号：临 2026-012 兰州兰石重型装备股份有限公司 第六届董事会第十二次会议（临时）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。 兰州兰石重型装备股份有限公司（以下简称"公司"）第六届董事会第十二 次会议（临时）于 2026 年 3 月 27 日以现场加通讯表决方式在公司六楼会议室召 开。会议通知于 2026 年 3 月 20 日以电子邮件方式送达全体董事。会议应出席董 事 9 人，实际出席董事 9 人，公司高级管理人员列席会议。会议由公司董事长郭 富永主持，会议的召集、召开符合《公司法》及公司《章程》的相关规定。 二、董事会会议审议情况 会议以记名投票方式形成如下决议： 2. 审议通过《关于 2026 年度内部审计计划的议案》 表决结果：9 票同意，0 票反对，0 票弃权。 本议案经公司董事会审计委员会审议通过后提交董事会审议。 特此公告。 兰州兰石重型装备股份有限公司董事会 2026 年 3 月 28 日 1. 审议通过《关于募投项目 ...

Investment Rating - The report maintains a "Buy" rating for stocks such as 双良节能 (Shuangliang Energy), 隆基绿能 (LONGi Green Energy), and 阳光电源 (Sungrow Power), while giving an "Accumulate" rating for 运达股份 (Yunda Co) [8][17]. Core Insights - The report highlights that the recent policy shift from the Ministry of Industry and Information Technology, Ministry of Finance, and National Development and Reform Commission marks a significant turning point for the hydrogen energy industry in China, with a focus on multi-scenario applications rather than just vehicle subsidies [1][2]. - It anticipates that 2026 will be a pivotal year for the green hydrogen industry, driven by intensified domestic policies and stricter overseas carbon emission regulations, alongside global energy price fluctuations due to geopolitical tensions [1][2]. - The report outlines four major upgrades in the hydrogen energy policy, including the tightening of global carbon emission constraints, rising traditional energy prices, and the acceleration of green hydrogen achieving price parity [2][3]. Summary by Sections Policy Developments - The new policy aims for large-scale applications of hydrogen energy across transportation, industry, and energy sectors by 2030, with a trial period of four years for each urban cluster and a maximum reward of 1.6 billion yuan per cluster [2][3]. - The report emphasizes the economic viability of green hydrogen as a low-carbon fuel, particularly in maritime and aviation sectors, as traditional fossil fuel prices rise [2]. Production Costs and Market Dynamics - Domestic green hydrogen production costs are estimated at 16 yuan/kg, significantly lower than the 33 yuan/kg for overseas production, positioning China favorably in the global market [3]. - The report notes that rising natural gas prices will enhance the competitiveness of China's green hydrogen-derived products, such as fertilizers, in international markets [3]. Industry Beneficiaries - Recommended companies include: - Domestic green hydrogen project operators: 运达股份 (Yunda Co) - Equipment suppliers for ammonia and methanol production: 航天工程 (Aerospace Engineering), 中国一重 (China First Heavy Industries), 兰石重装 (Lanshi Heavy Industry), 国机重装 (China National Machinery Industry Corporation) [3]. - Electrolyzer suppliers: 阳光电源 (Sungrow Power), 隆基绿能 (LONGi Green Energy), 双良节能 (Shuangliang Energy) [3]. Application Scenarios - The report identifies six major application scenarios for hydrogen energy, including fuel cell vehicles, green ammonia and methanol, hydrogen metallurgy, and innovative applications, with a strong emphasis on industrial applications [9][10]. - It sets a target for hydrogen prices in various applications to not exceed 25 yuan/kg, with specific regions aiming for as low as 15 yuan/kg for fuel cell vehicles [9]. Financial Projections - The report provides financial forecasts for key companies, projecting significant growth in revenues and net profits for the years 2025-2027, driven by advancements in technology and market demand [18][21][22].

关于子公司重工公司增资扩股进展暨完成工商变更登记 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、交易概述 证券代码：603169 证券简称：兰石重装 公告编号：临 2026-011 兰州兰石重型装备股份有限公司 近日，经兰州新区市场监督管理局核准，重工公司已完成工商变更登记手续， 并取得由其颁发的新《营业执照》，相关工商登记信息如下： | 名称 | 兰州兰石重工有限公司 | | --- | --- | | 统一社会信用 | 9162010078961763XR | | 代码 | | 1 | 注册资本 | 壹亿肆仟叁佰万元整 | | | --- | --- | --- | | 法定代表人 | 马学鹏 | | | 类型 | 其他有限责任公司 | | | 成立日期 | 2006 年 7 17 日 | 月 | | 注册地址 | 甘肃省兰州市兰州新区黄河大道西段 号 512 许可项目：特种设备设计、制造、检验检测；电气安装服务； | | | | 人防工程防护设备制造、销售、安装；人防工程设计(依法经 | | | | 批准的 ...

Group 1 - The core viewpoint of the news is that Lanzhou Lanshi Heavy Equipment Co., Ltd. has shown fluctuations in financing activities, with a net financing outflow on February 25, 2025, and a significant portion of its financing balance being at a high level compared to the past year [1] - On February 25, 2025, Lanzhou Lanshi Heavy Equipment's financing buy amounted to 22.22 million yuan, while the financing repayment was 22.92 million yuan, resulting in a net financing outflow of 696,300 yuan [1] - As of February 25, 2025, the total balance of margin trading for Lanzhou Lanshi Heavy Equipment was 475 million yuan, with the financing balance accounting for 3.41% of the circulating market value, indicating a high level compared to the past year [1] Group 2 - Lanzhou Lanshi Heavy Equipment, established on October 22, 2001, and listed on October 9, 2014, operates in various sectors including traditional energy chemical equipment, new energy equipment, industrial intelligent equipment, and energy-saving environmental protection equipment [2] - The company's main business revenue composition includes traditional energy equipment (50.98%), metal new materials (16.65%), engineering contracting (12.09%), energy-saving environmental protection equipment (8.59%), industrial intelligent equipment (6.49%), new energy equipment (4.13%), technical services (0.70%), and others (0.37%) [2] - For the period from January to September 2025, Lanzhou Lanshi Heavy Equipment achieved an operating income of 4.746 billion yuan, representing a year-on-year growth of 26.93%, while the net profit attributable to shareholders decreased by 88.40% to 11.1964 million yuan [2] Group 3 - Since its A-share listing, Lanzhou Lanshi Heavy Equipment has distributed a total of 256 million yuan in dividends, with no dividends paid in the last three years [3] - As of September 30, 2025, the top ten circulating shareholders of Lanzhou Lanshi Heavy Equipment included Hong Kong Central Clearing Limited as the fourth largest shareholder, holding 10.3569 million shares, an increase of 2.1535 million shares compared to the previous period [3] - The Southern CSI 1000 ETF (512100) ranked as the sixth largest circulating shareholder, holding 5.9683 million shares, a decrease of 73,000 shares compared to the previous period [3]

Regulatory Measures - On February 16, 2026, the China Securities Regulatory Commission (CSRC) issued multiple regulatory measures, leading to warning letters for three leading securities firms and investigations into four listed companies, including a major player in the chip industry [1][7] - The sudden regulatory storm has exacerbated the already fragile Hong Kong stock market, with the Hang Seng Technology Index experiencing a significant drop [1] Securities Firms Under Warning - The first firm, Caitong Securities, received a warning due to inadequate internal controls in its bond business, failing to properly execute risk management processes and conduct thorough due diligence [3] - The second firm, Pacific Securities, faced similar issues with its bond and asset-backed securities business, lacking proper oversight and failing to track core enterprise operations [5] - The third firm, Zhongtian Guofu Securities, was warned for insufficient internal controls in its bond business, reflecting compliance and risk management vulnerabilities [6] Companies Under Investigation - The first company under investigation is the chip leader, Ingechip, for suspected violations of information disclosure laws, specifically misleading statements made during a self-Q&A session on a public platform [7] - The second company, Tianfeng Securities, is being investigated for failing to timely disclose significant shareholding changes and historical violations related to financing and undisclosed related-party transactions [8] - The third company, Tianji Co., is under investigation for irregularities in goodwill impairment testing and financial disclosures [10] - The fourth company, Lansi Heavy Industry, is facing scrutiny due to the investigation of its vice president for alleged misconduct, creating uncertainty for the company [10] Stocks at Risk of Delisting - Seven stocks have been flagged for delisting risks, with Jiuyou Co. projecting a net loss of approximately 19 million yuan for 2025, falling below the 300 million yuan revenue threshold [12] - Tianjian Technology faces delisting risks due to retrospective adjustments in military product pricing, leading to projected negative net profits and revenues below 300 million yuan [12] - ST Jinling is at risk of delisting with projected negative net assets and is undergoing restructuring, which could lead to bankruptcy if unsuccessful [15][16] - HeXin Instruments anticipates negative net profits and revenues below 100 million yuan, triggering delisting warnings under specific rules [18] - ST Quanwei expects negative net profits and net assets below zero, meeting multiple delisting criteria [19] - ST Zhangjiajie is facing significant losses and has been accepted for restructuring, raising concerns about its ongoing viability [20] - ST Lifang is at risk of mandatory delisting due to financial fraud over three consecutive years, with a notice of potential delisting already issued [22] Conclusion - The recent regulatory actions reflect a clear shift in enforcement focus, emphasizing the importance of compliance and accurate information disclosure across the capital market [26]

Core Viewpoint - The company held its first extraordinary general meeting of shareholders in 2026, where several key resolutions were passed, including financial institution credit applications and guarantees for subsidiaries [2][4][5]. Group 1: Meeting Details - The extraordinary general meeting was held on February 13, 2026, at the company's headquarters in Lanzhou [2]. - The meeting was conducted with both on-site and online voting, presided over by the chairman, Guo Fuyong [2]. - All nine current directors attended the meeting, along with the board secretary and other senior management [3]. Group 2: Resolutions Passed - The following resolutions were approved: 1. Application for comprehensive credit from financial institutions for the year 2026 [4]. 2. Providing guarantees for subsidiaries applying for financial institution credit [4]. 3. Anticipated daily related party transactions for 2026 [5]. 4. Providing guarantees for the controlling shareholder's credit applications [5]. - The related party shareholder, Lanzhou Lanshi Group Co., Ltd., abstained from voting on the related party transactions [5]. Group 3: Legal Verification - The meeting was witnessed by lawyers from Shanghai Jintiancheng (Xi'an) Law Firm, who confirmed that all procedures and resolutions complied with relevant laws and regulations [3][5].

上海市锦天城（西安）律师事务所 关于兰州兰石重型装备股份有限公司 2026 年第一次临时股东会的 法律意见书 地址：陕西省西安市丈八一路 10 号中铁西安中心 32 层 电话：029-89840840 传真：029-89840848 邮编：710065 网址：http://www.allbrightlaw.com 上海市锦天城（西安）律师事务所 法律意见书 上海市锦天城（西安）律师事务所 关于兰州兰石重型装备股份有限公司 2026 年第一次临时股东会的 法律意见书 致：兰州兰石重型装备股份有限公司 上海市锦天城（西安）律师事务所（以下简称"本所"）接受兰州兰石重型 装备股份有限公司（以下简称"公司"）委托，就公司召开 2026 年第一次临时 股东会（以下简称"本次股东会"）的有关事宜，根据《中华人民共和国证券法》 （以下简称"《证券法》"）、《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（2025 年修订）》（以下简称"《上市公司 股东会规则》"）等法律、法规和规范性文件及《兰州兰石重型装备股份有限公 司章程》（以下简称"《公司章程》"）的规定，就本次股东会的召集和召开程 序、会议 ...

证券代码：603169 证券简称：兰石重装 公告编号：临 2026-010 兰州兰石重型装备股份有限公司 2026年第一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、会议召开和出席情况 (一)股东会召开的时间：2026 年 2 月 13 日 (二)股东会召开的地点：兰州市兰州新区黄河大道西段 528 号兰州兰石重型 装备股份有限公司六楼会议室 (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 二、议案审议情况 | 1．出席会议的股东和代理人人数 | 880 | | --- | --- | | 2．出席会议的股东所持有表决权的股份总数（股） | 703,516,216 | | 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 | 53.8559 | | 数的比例（%） | | (四)表决方式是否符合《公司法》及公司《章程》的规定，会议主持情况等 本次股东会采取现场投票和网络投票相结合的方式表决，会议由公司董事会 召集，董事长郭富永主 ...