Core Viewpoint - Zhongman Petroleum (603619.SH) announced plans for significant share reductions by major shareholders, indicating potential changes in ownership structure and investor sentiment [1] Group 1: Shareholder Actions - Zhu Fengxue, Gongrong Investment, and Gongyuan Investment plan to reduce their holdings by a total of up to 4.623 million shares through centralized bidding, representing no more than 1% of the company's total share capital [1] - Additionally, they intend to reduce their holdings by up to 9.246 million shares through block trading, which accounts for no more than 2% of the company's total share capital [1] - The total planned reduction amounts to a maximum of 13.869 million shares, or up to 3% of the company's total share capital [1]

智通财经APP讯，中曼石油(603619.SH)发布公告，朱逢学、共荣投资、共远投资计划自公告发布之日 起15个交易日后的三个月内，通过集中竞价交易方式合计减持不超过462.3万股公司股份，即不超过公 司总股本的1%，通过大宗交易方式合计减持公司股份不超过924.6万股，即不超过公司总股本的2%。合 计减持公司股份不超过1386.9万股，即不超过公司总股本的3%。 ...

格隆汇11月27日丨中曼石油(603619.SH)公布,朱逢学、共荣投资、共远投资计划自本公告发布之日起15 个交易日后的三个月内，通过集中竞价交易方式合计减持不超过462.3万股公司股份，即不超过公司总 股本的1%，通过大宗交易方式合计减持公司股份不超过924.6万股，即不超过公司总股本的2%。朱逢 学、共荣投资、共远投资通过集中竞价、大宗交易方式合计减持公司股份不超过1386.9万股，即不超过 公司总股本的3%。在减持期间，任意连续90日内通过集中竞价交易减持股份总数不超过公司总股本的 1%，任意连续90日内通过大宗交易减持股份总数不超过公司总股本的2%。在本次股份减持计划实施期 间，公司若发生送股、转增股本、增发新股或配股等股份变动事项，减持计划将进行相应调整。 ...

Core Viewpoint - Zhongman Petroleum (603619.SH) announced that shareholders Zhu Fengxue, Gongrong Investment, and Gongyuan Investment plan to reduce their holdings by a total of no more than 13.869 million shares, accounting for 3% of the company's total share capital [1] Summary by Category - **Shareholder Actions** - Shareholders Zhu Fengxue, Gongrong Investment, and Gongyuan Investment intend to reduce their stakes in Zhongman Petroleum [1] - The planned reduction will be executed through centralized bidding or block trading methods [1] - **Impact on Company** - The reduction represents 3% of the total share capital of Zhongman Petroleum [1]

Core Viewpoint - The announcement details a planned share reduction by major shareholders of Zhongman Petroleum, indicating a potential shift in ownership dynamics and liquidity concerns within the company [1] Summary by Categories Shareholder Actions - Zhu Fengxue, Shanghai Gongrong Investment Center (Limited Partnership), and Shanghai Gongyuan Investment Center (Limited Partnership) plan to reduce their holdings by a total of up to 4.623 million shares through centralized bidding, representing no more than 1% of the company's total share capital [1] - Additionally, they intend to reduce up to 9.246 million shares through block trading, which accounts for no more than 2% of the total share capital [1] - The total planned reduction amounts to a maximum of 13.869 million shares, or 3% of the company's total share capital [1] Reasons for Reduction - The reduction is attributed to the shareholders' personal funding needs, with all shares being sourced from those acquired prior to the company's initial public offering [1] Implementation Details - During the reduction period, the shareholders will limit their sales to no more than 1% of the total share capital through centralized bidding and no more than 2% through block trading within any consecutive 90-day period [1] - The execution of this reduction plan will depend on market conditions and the company's stock price, indicating a level of uncertainty in the timing and extent of the share sales [1]

Core Viewpoint - Zhongman Petroleum announced that Zhu Fengxue, Gongrong Investment, and Gongyuan Investment hold a combined 7.21% of shares and plan to reduce their holdings between December 19, 2025, and March 18, 2026, due to personal funding needs [1] Group 1: Shareholding Details - Zhu Fengxue holds 5.66%, Gongrong Investment holds 0.90%, and Gongyuan Investment holds 0.65%, making them concerted actors [1] - The total shares to be reduced amount to no more than 13.869 million shares, which is up to 3% of the total share capital [1] Group 2: Reduction Methodology - The planned reduction includes a maximum of 4.623 million shares through centralized bidding, representing up to 1% of the total share capital [1] - Additionally, a maximum of 9.246 million shares will be reduced through block trading, accounting for up to 2% of the total share capital [1] Group 3: Compliance and Reasoning - The reduction aligns with relevant commitments and regulatory requirements [1] - The reason for the reduction is stated as personal funding needs [1]

Core Viewpoint - The announcement details the share pledge situation of Zhongman Petroleum and Natural Gas Group Co., Ltd. and its controlling shareholder, Shanghai Zhongman Investment Holdings Co., Ltd., indicating that the pledge will not impact the company's operations or governance [2][4][5]. Summary by Sections Share Pledge Overview - Zhongman Holdings holds 87,900,528 shares, accounting for 19.01% of the total share capital. After the recent pledge, a total of 50,454,300 shares have been pledged, representing 57.40% of its holdings and 10.91% of the total share capital [2]. - On November 25, 2025, Zhongman Holdings completed the pledge registration for 2,100,000 unrestricted circulating shares [2]. Pledge Details - As of the announcement date, Zhongman Holdings has pledged a total of 10,404,300 shares due within six months, which is 11.84% of its holdings and 2.25% of the total share capital, with a corresponding financing principal balance of 100 million yuan. Additionally, 30,400,000 shares are due within one year, representing 34.58% of its holdings and 6.58% of the total share capital, with a financing principal balance of 250 million yuan [3]. - The sources for repaying the pledged shares include self-owned funds, stock dividends, investment income, and asset sales [3]. Impact on the Company - The share pledge will not affect the company's main business, financing credit, financing costs, or ongoing operational capabilities [4]. - There will be no impact on corporate governance, and the actual control of the company will remain unchanged [5]. - Zhongman Holdings has no performance compensation obligations to fulfill [6]. Other Notes - The company will continue to monitor changes in the share pledge situation of its controlling shareholder and will comply with relevant regulations for timely information disclosure [7].

Focus 1: Jianlong Micro-Nano (688357) - The company has terminated the planning of a major asset restructuring, which was intended to acquire at least 51% of Shanghai Hanxing Energy Technology Co., Ltd. through cash payment for equity [1] Focus 2: Industrial Fulian - The company has adjusted the maximum repurchase price for its shares from 19.36 yuan per share to 75.00 yuan per share, reflecting confidence in its future development and market conditions [2] Focus 3: *ST Dongtong - The company received a prior notice from the Shenzhen Stock Exchange regarding the proposed termination of its stock listing [3] Focus 4: Fundraising & Restructuring - Aolaide plans to raise up to 299.71 million yuan through a simplified procedure for issuing shares to specific targets, with proceeds allocated for OLED display core material production and working capital [4] - Maigemi has received approval from the Shenzhen Stock Exchange for its application to issue shares to specific targets, meeting all necessary conditions [4] - Su Yan Jingshen has also received approval for its share issuance application, pending final registration with the China Securities Regulatory Commission [4] Focus 5: Important Matters - Baiao Chemical's major shareholders are transferring a total of 10% of the company's shares to Liu Hongjun, resulting in him holding 10% of the total share capital post-transfer [5][6] - Zhejiang Pharmaceutical is planning to spin off its subsidiary for a listing on the Hong Kong Stock Exchange, which will not affect its control over the subsidiary [6] - Huafeng Aluminum is acquiring 100% of Shanghai Huafeng Puen Polyurethane Co., Ltd. for 100.06 million yuan, which will enhance its operational efficiency and market competitiveness [7] Focus 6: New Investments - Fuda Co. is establishing a wholly-owned subsidiary with an investment of 30 million yuan to enhance its forging business and related manufacturing capabilities [8] - Jianghai Co. is forming a joint venture to establish an innovation research institute with a registered capital of 50 million yuan, focusing on strategic technology research [9][10] Focus 7: Capital Market Activities - Zhongshan Bank has issued 60 billion yuan of subordinated debt with a fixed interest rate of 2.16% for a term of 10 years [17] - China Iron and Steel Group plans to increase its stake in China Iron and Steel Co. by investing between 65 million and 130 million yuan over the next six months [18]

Core Viewpoint - The announcement reveals that the controlling shareholder, Zhongman Holdings, has pledged 2,100,000 shares of Zhongman Petroleum, increasing the total pledged shares to 50,454,300, which represents 57.40% of Zhongman Holdings' total shares and 10.91% of the company's total equity [1] Group 1 - Zhongman Holdings notified that it completed the pledge registration for 2,100,000 unrestricted circulating shares on November 25, 2025 [1] - After this pledge, the total number of pledged shares by Zhongman Holdings amounts to 50,454,300 [1] - The pledged shares account for 57.40% of Zhongman Holdings' total shareholding and 10.91% of Zhongman Petroleum's total share capital [1]

（文章来源：证券日报） 证券日报网讯 11月26日晚间，中曼石油发布公告称，公司于2025年11月26日接到控股股东上海中曼投 资控股有限公司的通知，获悉其将所持有公司2，100，000股无限售流通股于2025年11月25日办理了质 押登记手续。 ...