Market Overview - On February 13, the Jiangsu state-owned enterprise reform sector fell by 1.12% compared to the previous trading day, with Jiang Tian Chemical leading the decline [1] - The Shanghai Composite Index closed at 4082.07, down 1.26%, while the Shenzhen Component Index closed at 14100.19, down 1.28% [1] Stock Performance - Notable gainers in the Jiangsu state-owned enterprise reform sector included: - Shifujian Shen (300528) with a closing price of 24.59, up 3.80% on a trading volume of 530,200 shares and a transaction value of 1.297 billion [1] - Jinling Hotel (601007) closed at 8.27, up 2.48% with a trading volume of 133,600 shares and a transaction value of 110 million [1] - Major decliners included: - Jiang Tian Chemical (300927) which closed at 31.82, down 6.30% with a trading volume of 135,300 shares and a transaction value of 436 million [2] - Xugong Machinery (000425) closed at 11.79, down 3.12% with a trading volume of 836,400 shares and a transaction value of 991 million [2] Capital Flow - The Jiangsu state-owned enterprise reform sector experienced a net outflow of 420 million from main funds, while retail funds saw a net inflow of 130 million [2] - The following stocks had significant capital flows: - Taiji Industry (600667) had a net inflow of 16.97 million from main funds, while retail funds saw a net outflow of 81.12 million [3] - Jinling Hotel (601007) had a net inflow of 11.40 million from main funds, but a net outflow of 13.69 million from retail funds [3]

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。 近日，东台项目的项目公司收到江苏省发展和改革委员会于 2026 年 2 月 12 日出具的《省发展改革委关于江苏国信东台 H4#/H6#海上风电项目核准的批复》 （苏发改能源发〔2026〕148 号），主要内容如下： 江苏省新能源开发股份有限公司 关于控股股东先行投资东台 H4#/H6#海上风电项目获 得核准批复的公告 一、事项概述 为了支持江苏省新能源开发股份有限公司（以下简称"公司"）争取海上风 电资源，公司控股股东江苏省国信集团有限公司（以下简称"国信集团"）牵头 组建联合体参与了江苏省 2024 年度海上风电项目竞争性配置申报，中选并获得 合计约 155 万千瓦海上风电项目的开发权，前述中选项目按开发节奏分段推进。 为了有效避免同业竞争，同时，充分利用控股股东在资金、资源等方面的优 势，控制公司投资风险，最大限度保护公司及全体股东的利益，2025 年 10 月 22 日，公司召开第四届董事会第十四次会议，逐项审议通过《关于大丰 H19#、东 台 H4#/H6#海上风电项目 ...

依据《行政许可法》《江苏省企业投资项目核准和备案管理办法》等有关规定，同意建设东台H4#/H6# 海上风电项目。项目法人为江苏国信润东海上风力发电有限公司。项目建设场址位于盐城市东台市近海 海域，总装机规模30.8万千瓦。项目总投资约为33.5亿元。 格隆汇2月13日丨江苏新能(603693.SH)公布，近日，东台项目的项目公司收到江苏省发展和改革委员会 于2026年2月12日出具的《省发展改革委关于江苏国信东台H4#/H6#海上风电项目核准的批复》（苏发 改能源发〔2026〕148号），主要内容如下： ...

Core Viewpoint - The new refinancing policies introduced by the Shanghai, Shenzhen, and Beijing stock exchanges aim to enhance the flexibility and convenience of refinancing for listed companies, leading to a surge in refinancing proposals from these companies [1][2]. Group 1: Refinancing Policy Changes - The new refinancing regulations focus on supporting high-quality listed companies, optimizing review efficiency, adapting to the needs of innovative enterprises, simplifying application processes, and strengthening overall supervision [2]. - The exchanges have clarified that they will optimize refinancing reviews for companies with good governance and information disclosure, thereby improving refinancing efficiency [2]. - A new standard for "light asset, high R&D investment" recognition for main board listed companies is being researched to better accommodate technology innovation enterprises [2]. Group 2: Company Responses and Proposals - From February 10 to February 12, 18 listed companies disclosed refinancing proposals, including four companies planning to issue convertible bonds and 14 companies planning to conduct targeted placements [1]. - Zhongke Shuguang plans to raise up to 8 billion yuan through convertible bonds to invest in AI-related projects [3]. - Jiangsu New Energy plans to raise up to 1.24 billion yuan for a power generation project and working capital [4]. - Xinhang New Materials intends to raise up to 1 billion yuan for various production projects [4]. - Unisplendour plans to raise up to 5.57 billion yuan for acquisitions and R&D equipment [4]. Group 3: Market Sentiment and Future Outlook - The concentration of refinancing proposals indicates a positive market sentiment regarding the optimization of the financing environment, with companies eager to accelerate development through refinancing [4]. - Experts suggest that the new regulations will facilitate targeted funding for high-quality technology innovation enterprises, encouraging a focus on R&D and core business development [4][5].

中国经济网北京2月11日讯 江苏新能(603693.SH)昨日晚间披露《向不特定对象发行可转换公司债券 预案》。 江苏新能于2018年7月3日在上交所上市，发行数量为11,800.00万股，发行价格为9.00元/股，保荐机 构（主承销商）为南京证券股份有限公司，保荐代表人为肖爱东、张正冈，联席保荐机构（主承销商） 为华泰联合证券有限责任公司，保荐代表人为时锐、张雷。 江苏新能上市发行募集资金总额106,200.00万元，扣除发行费用后，实际募集资金净额为99,143.70 万元。 本次发行证券的种类为可转换为公司A股股票的可转换公司债券。本次可转换公司债券及未来转换 的公司A股股票将在上海证券交易所主板上市。 根据相关法律法规及规范性文件的要求并结合公司财务状况和投资计划，本次拟发行可转换公司债 券的募集资金总额不超过人民币124,000.00万元（含124,000.00万元），发行数量不超过1,240.00万张 （含1,240.00万张）。具体发行规模由公司股东会授权董事会在上述额度范围内确定。扣除发行费用后 的募集资金净额将用于投入以下项目：连云港青口盐场渔光一体化发电项目、补充流动资金。 | . | | ...

南方财经2月11日电，江苏新能(603693.SH)2月11日发布公告，公司拟向不特定对象发行可转换公司债 券，募集资金总额不超过12.4亿元。扣除发行费用后，募集资金净额将用于投资"连云港青口盐场渔光 一体化发电项目"和补充流动资金。其中，上述项目拟投入8.7亿元，项目总投资额为11.16亿元；另拟使 用3.7亿元补充流动资金。财务数据显示，2022年至2024年及2025年1-9月，公司分别实现营业收入19.71 亿元、19.46亿元、20.99亿元和15.26亿元；实现归属于母公司股东的净利润4.76亿元、4.72亿元、4.17亿 元和3.90亿元，营收与利润规模总体保持稳定。截至2025年9月30日，公司总资产为178.70亿元，合并资 产负债率为53.69%。此外，公司于2021年通过发行股份购买资产的方式，以7.5亿元对价收购了大唐国 信滨海海上风力发电有限公司40%的股权。收购资金已全额使用，相关标的资产已完成过户，在2021年 至2023年的业绩承诺期内，大唐滨海实现的扣除非经常性损益后的净利润分别为3.99亿元、2.88亿元和 2.87亿元，完成率均超过100%，全面达成业绩承诺。2025年 ...

Core Viewpoint - The refinancing market is undergoing targeted adjustments with the introduction of new policies aimed at supporting high-quality and innovative companies, simplifying processes, and preventing risks [1] Group 1: Refinancing Policy Adjustments - The new refinancing policy reduces the interval for companies that are unprofitable and meet specific criteria from 18 months to 6 months, allowing them to initiate new rounds of refinancing more quickly [2] - Companies in the high-tech sector express that the new policy will facilitate continuous funding for product development and commercialization, thus supporting their growth [2] Group 2: Support for Underperforming Companies - The new policy allows companies that have experienced stock price declines to engage in refinancing through methods such as private placements and convertible bonds, provided the funds are directed towards their main business [4] - As of February 10, there are 553 companies listed on the exchanges that are currently underperforming, indicating a significant potential for these companies to leverage the new refinancing options [4] Group 3: Expansion of Fund Utilization - The new policy encourages high-quality companies to allocate funds towards new industries, business models, and technologies that align with their main operations, thus promoting a second growth curve [6] - This shift from strict limitations on fund allocation to a more flexible approach is expected to enhance capital flow into high-tech industries and improve resource allocation efficiency [6]

Group 1: Company Announcements - Changfei Fiber currently does not engage in CPO-related business [1] - GCL-Poly Energy lacks production capacity for "space photovoltaic" products [1] - Zhongke High-tech plans to invest 145 million yuan in a new PCB drill pin project with an annual capacity of 30 million units [1] - Samsung Medical's wholly-owned subsidiary is expected to win a bid for a 321 million yuan project from Southern Power Grid [1] - Solar Energy's subsidiary intends to acquire 100% equity of Jinhua Windling [1] - SMIC expects a net profit of 1.223 billion yuan for Q4 2025, a year-on-year increase of 23.2% [2] - Kying Network has conducted its first buyback of 2.061 million shares [1] - Runbei Aerospace's controlling shareholder plans to reduce its stake by up to 3% [1] - Zhen'an Technology plans to raise no more than 740 million yuan through a private placement [1] - Jiangsu New Energy intends to issue convertible bonds to raise no more than 1.24 billion yuan [1] Group 2: Investment Projects - Kangda New Materials' subsidiary plans to invest in a project with an annual output of 30,000 tons of polyarylether [1] - China Shipbuilding Industry Corporation plans to build a comprehensive materials park [1] - Dong'a Ejiao intends to invest 1.485 billion yuan in a health consumer goods industrial park [1] - Hongda Co., Ltd. plans to invest approximately 71.43 million yuan in a 110kV power transmission and transformation project [1] Group 3: Share Buybacks and Reductions - Kying Network has executed its first buyback of 2.061 million shares [3] - Huasen Pharmaceutical's Liu Xiaoying plans to reduce her stake by up to 3% [3] - Wushang Group's Dazi Yintai plans to reduce its stake by up to 3% [3] - Runbei Aerospace's controlling shareholder plans to reduce its stake by up to 3% [3]

Group 1 - Changfei Fiber is currently not engaged in CPO-related business [1] - GCL-Poly Energy does not have the production capacity for "space photovoltaic" products [1] - Zhongke High-tech plans to invest 145 million yuan to implement a new PCB drill needle project with an annual capacity of 30 million units [1] - Samsung Medical's wholly-owned subsidiary is expected to win a bid for a 321 million yuan project from Southern Power Grid [1] - Solar Energy's subsidiary plans to acquire 100% equity of Jinhua Windling [1] - SMIC expects a net profit of 1.223 billion yuan for Q4 2025, a year-on-year increase of 23.2% [1] - Xiying Network has repurchased 2.061 million shares for the first time [1] - Runbei Aerospace's controlling shareholder plans to reduce holdings by no more than 3% [1] - Zhen'an Technology plans to raise no more than 740 million yuan through a private placement [1] - Jiangsu New Energy plans to issue convertible bonds to raise no more than 1.24 billion yuan [1] Group 2 - Hengdian Film and Television may apply for a trading suspension if its stock price continues to rise abnormally [1] - Kangda New Materials' subsidiary plans to invest in a project with an annual output of 30,000 tons of polyarylether [1] - Zhongchuan Hanguang plans to build a comprehensive materials park [1] - Huichuan Technology expects a net profit growth of 16%-26% for 2025 [1] - Yutong Technology plans to acquire 51% of Huayan Technology [1] - Weilan Bio's subsidiary plans to acquire 50% equity of Aidi Meng Weilan for 47 million yuan [1] - Kaiying Network has repurchased 2.061 million shares for the first time [2] - Wushang Group's Dazhi Yintai plans to reduce holdings by no more than 3% [2] - Newhan New Materials plans to raise no more than 1 billion yuan for an annual production of 8,100 tons of high-performance resin [2]

（文章来源：证券日报） 证券日报网讯 2月10日，江苏新能发布公告称，经自查，公司最近五年不存在被证券监管部门和证券交 易所采取监管措施或处罚的情况。 ...