又有A股公司拟以自有资金进行"证券投资"。 利欧股份表示，本次证券投资使用的资金为公司自有资金，不涉及募集资金，该资金的使用不会造成公 司的资金压力，也不会对公司正常经营、投资等行为带来影响。公司授权董事长选择合适人选成立证券 投资领导小组，负责公司证券投资的决策与实施等各项工作。 同日，和顺石油（603353）发布公告称，拟使用不超过人民币2亿元（含）的闲置自有资金进行证券投 资，上述额度资金在有效期内可循环滚动使用。投资金额含前述投资的收益进行再投资的相关金额。 8月9日，两家A股公司公告，拟以自有资金进行"证券投资"。 其中，利欧股份（002131）公告称，公司于2025年8月8日召开第七届董事会第十二次会议，会议审议通 过了《关于使用自有资金进行证券投资的议案》，同意公司及下属子公司使用最高额度不超过30亿元人 民币（或投资时点等值外币）的自有资金进行证券投资。 投资方式包括新股配售或者申购、股票及存托凭证投资、债券投资、委托理财以及深圳证券交易所认定 的其他投资行为。 投资种类含新股配售或者申购、股票及存托凭证投资、债券投资以及上海证券交易所认定的其他投资行 为。 和顺石油表示，公司及子公司使用部分 ...

Core Viewpoint - Heshun Petroleum (603353) has announced plans to utilize up to 200 million RMB of idle self-owned funds for securities investment and to absorb its wholly-owned subsidiary, Xiangtan Zhongyou Sales Co., Ltd. [1][2][3] Company Announcements - Heshun Petroleum's board approved the use of idle self-owned funds for securities investment, with a limit of 200 million RMB, valid for 12 months and can be rolled over [1][2] - The company has established a Securities Investment Management System to regulate investment activities, ensuring compliance with national laws and safeguarding the interests of the company and its shareholders [2] - The board also approved the absorption of its wholly-owned subsidiary, Xiangtan Zhongyou Sales Co., Ltd., which will be legally dissolved post-merger, with all its business, assets, personnel, debts, and credits inherited by Heshun Petroleum [1][2]

利欧股份在8月8日召开了第七届董事会第十二次会议，会议审议通过相关议案，批准公司及下属子公司使用不超过30亿元人民币或等值外币的自有资金进入 证券投资市场。该额度授权自议案获批当日起生效，有效期为一年，不需提交股东大会审议。 8月9日，两家A股上市公司相继披露了证券投资计划，合计拟投入资金不超过32亿元，资金来源均为自有资金。公告显示，两家公司已通过董事会审议，并 明确投资方式涵盖新股配售、股票及存托凭证投资、债券投资、委托理财等，投资期限均为12个月内有效。这类资本运作方向，在近年来上市公司理财选择 中并不多见，引发了市场的高度关注。 利欧股份的投资安排 同一天，和顺石油也对外披露，经董事会审议批准，公司及其子公司计划使用不超过2亿元人民币的闲置自有资金开展证券投资。这一额度包括投资所得收 益的再投入，并允许在授权有效期内循环滚动使用。 其投资选择涵盖新股配售、股票及存托凭证投资、债券投资以及上海证券交易所认可的其他合法投资渠道。公司在公告中表示，相关资金的动用是在保证生 产经营资金需求和资金安全的前提下进行，旨在优化资金配置，进一步提升资金使用效率。同时，公告提醒证券市场存在波动与流动性风险，并指出投资收 ...

Core Viewpoint - Two A-share companies announced plans to use their own funds for "securities investment" [2][3] Group 1: Company Announcements - Liao Group (002131) plans to use up to 3 billion RMB (or equivalent foreign currency) for securities investment, including new stock subscriptions, stock and depositary receipt investments, bond investments, and other recognized investment activities [3] - The investment will be funded by the company's own resources, ensuring no impact on normal operations or financial pressure [3] - Heshun Petroleum (603353) intends to use up to 200 million RMB of idle self-owned funds for securities investment, with the ability to recycle the funds within the effective period [3][4] Group 2: Investment Strategy and Goals - Both companies emphasize the importance of ensuring fund safety and meeting daily operational needs while adhering to risk control measures [4] - The investments aim to optimize investment structure and improve fund utilization efficiency, ultimately seeking to generate higher returns for the companies and their shareholders [4]

Core Viewpoint - Two A-share companies announced plans to use their own funds for "securities investment," indicating a trend of companies seeking to optimize their investment strategies and enhance capital efficiency [2][5]. Group 1: Company Announcements - Liao Co., Ltd. (利欧股份) plans to use up to 3 billion RMB (or equivalent foreign currency) of its own funds for securities investment, approved in a board meeting on August 8, 2025 [2][5]. - Heshun Petroleum (和顺石油) intends to use no more than 200 million RMB of idle self-owned funds for securities investment, with the amount being available for rolling use within a specified period [5][8]. Group 2: Investment Methods - Investment methods for both companies include new share placements or subscriptions, stock and depositary receipt investments, bond investments, entrusted financial management, and other investment activities recognized by the Shenzhen Stock Exchange [5][8]. - Heshun Petroleum emphasizes that its investment will not affect the normal operation of its main business and will follow strict risk control measures [8]. Group 3: Financial Impact - Liao Co., Ltd. asserts that the use of its own funds for securities investment will not create financial pressure or impact its normal operations and investments [5]. - Heshun Petroleum aims to optimize its investment structure and improve capital utilization efficiency to generate more returns for the company and its shareholders [8].

Core Viewpoint - Lio Co. plans to invest up to 3 billion yuan in securities, including stock investments, aiming to enhance capital efficiency and returns [2][7][17]. Group 1: Investment Plans - Lio Co. intends to use no more than 3 billion yuan of its own funds for securities investment, with an authorization period of 12 months from the board's approval [2][7]. - The investment methods include new stock placements, stock and depositary receipt investments, bond investments, and entrusted financial management [7][9]. - Heshun Petroleum also announced plans to invest up to 200 million yuan of idle funds in securities, with a similar 12-month authorization period [4][9]. Group 2: Market Reactions - Investors have expressed mixed reactions, with some questioning why companies are investing in stocks instead of repurchasing their own shares [16][18]. - The stock prices of Lio Co. and Heshun Petroleum showed a decline and slight increase, respectively, indicating market sentiment towards these investment decisions [22]. Group 3: Financial Performance - Lio Co.'s financial performance has been volatile, with net profits of -441 million yuan in 2022, 1.966 billion yuan in 2023, and -259 million yuan in 2024 [21][22]. - Heshun Petroleum has also faced declining profits, with net profits of 104 million yuan in 2022, 52 million yuan in 2023, and 29 million yuan in 2024 [23][24].

Core Insights - Liou Co. and Heshun Petroleum both announced securities investment plans on August 8, with a combined investment of up to 3.2 billion yuan [1][3] Group 1: Liou Co. Investment Plan - Liou Co. approved a plan to use up to 3 billion yuan of its own funds for securities investment, including new stock subscriptions, stock and depositary receipt investments, bond investments, and entrusted financial management [3] - The authorization is valid for 12 months starting from August 8, and does not require shareholder meeting approval [3] - The company aims to enhance capital efficiency and returns while controlling risks and maintaining normal operations [3] - Risk management measures include diversifying investments and controlling scale [3] Group 2: Heshun Petroleum Investment Plan - Heshun Petroleum plans to use up to 200 million yuan of idle funds for securities investment, with the investment types similar to those of Liou Co. [3] - The investment amount can be recycled within the validity period, aiming to optimize investment structure and create greater economic benefits [3] - The company acknowledges the uncertainties in investment returns due to multiple market factors and highlights potential liquidity and operational risks [3] Group 3: Market Context - Many listed companies typically invest idle funds in low-risk financial products, but the decisions by Liou Co. and Heshun Petroleum to invest in the securities market indicate a positive outlook on the current capital market [3] - Market participants emphasize the importance of risk control in securities investments, suggesting that companies should align their strategies with financial conditions to ensure stability and long-term growth [4]

和顺石油8月8日公告：拟使用不超过人民币2亿元（含）的闲置自有资金进行证券投资，投资种类包含 新股配售或者申购、股票及存托凭证投资、债券投资以及上海证券交易所认定的其他投资行为。 ...

Group 1 - The company held its fourth board meeting on August 8, 2025, where all seven directors attended, ensuring the meeting's legality and validity [2][4] - The board unanimously approved the proposal to use up to RMB 200 million of idle funds for securities investment, which can be rolled over within 12 months [3][18] - The investment will include new stock subscriptions, stock and depositary receipt investments, bond investments, and other recognized investment activities [3][20] Group 2 - The board also approved the establishment of a securities investment management system to regulate investment decision-making and trading management [6][10] - The company plans to absorb and merge its wholly-owned subsidiary, Xiangtan Zhongyou Sales Co., Ltd., to enhance resource utilization and operational efficiency [8][28] - This merger will not constitute a related party transaction or a significant asset restructuring, thus not requiring shareholder approval [28][31]

Group 1 - The company, Hunan Heshun Petroleum Co., Ltd., plans to absorb and merge its wholly-owned subsidiary, Xiangtan Zhongyou Sales Co., Ltd., to enhance resource advantages, improve operational efficiency, and reduce management costs [1][3] - The merger will result in the complete dissolution of Xiangtan Zhongyou, with all its business, assets, personnel, debts, and rights being inherited by the company [1][3] - The merger does not constitute a related party transaction or a significant asset restructuring as defined by regulations, thus does not require shareholder approval [1][3] Group 2 - Hunan Heshun Petroleum Co., Ltd. has a registered capital of 173.394 million RMB and reported total assets of 2,027.0646 million RMB, with a net asset value of 1,666.5761 million RMB as of December 31, 2024 [1][2] - Xiangtan Zhongyou Sales Co., Ltd. has a registered capital of 30 million RMB, total assets of 556.7799 million RMB, and a net asset value of 97.8819 million RMB as of December 31, 2024, but reported a net loss of 4.3406 million RMB for the year [2][3] - The merger is expected to maximize the company's benefits without adversely affecting its normal operations or financial status, particularly benefiting minority shareholders [1][3]