证券代码：603758 证券简称：秦安股份 公告编号：2025-041 根据《上市公司重大资产重组管理办法》《公开发行证券的公司信息披露内 容与格式准则第 26 号——上市公司重大资产重组》《监管规则适用指引——上市 类第 1 号》《上海证券交易所上市公司自律监管指引第 6 号——重大资产重组》 等相关规定，公司对终止发行股份、支付现金购买资产并募集配套资金事项及继 续磋商以现金方式购买资产事项相关内幕信息知情人买卖公司股票的情况进行 了自查，具体情况如下： 一、内幕信息知情人自查期间和自查范围 (一)内幕信息知情人自查期间 本次交易的内幕信息知情人核查期间为公司《秦安股份发行股份及支付现金 购买资产并募集配套资金暨关联交易预案》披露之日起至披露《关于终止发行股 份、支付现金购买资产并募集配套资金事项及继续磋商以现金方式购买资产的公 告》之日止，即 2025 年 7 月 11 日至 2025 年 9 月 18 日。 (二)内幕信息知情人自查范围 本次核查的相关主体范围包括：公司及其董事、监事、高级管理人员；交易 对方、标的公司及相关知情人员；相关中介机构及具体业务经办人员；其他知悉 本次交易内幕信息的知情人员 ...

自由现金流ETF（159201）成分股聚焦自由现金流充裕的行业龙头，行业覆盖家用电器、汽车、有色金 属、电力设备、石油石化等高壁垒领域，行业分散性显著，有效规避单一行业波动风险，是底仓配置的 有利选择。基金管理年费率0.15%，托管年费率0.05%，均为市场最低费率水平。 （文章来源：每日经济新闻） 10月10日，A股三大指数集体低开，国证自由现金流指数低开后震荡上行，现涨约0.5%。成分股中，国 电南自、联发股份、白银有色涨停，秦安股份、海陆重工、兔宝宝、星湖科技等领涨。相关ETF方面， 同类规模最大的自由现金流ETF（159201）跟随指数上行，成交额率先突破2亿元，交投活跃。 东吴证券认为，传统日历效应下，长假后市场多呈现"涨多跌少"的格局。且今年长假前2个交易日，市 场已出现资金提前博弈反弹的动作，因此后市指数层面需重视量价的配合情况。长假期间，内外部消息 面较积极，尤其是美联储降息预期升温、AI产业趋势催化显著，预计短期内市场风格或偏向具备产业 消息面催化、远期成长属性更强和估值更低的方向。 ...

Core Viewpoint - The company reported a decline in revenue for the first half of 2025, attributed to intensified industry competition and reduced order deliveries, while net profit showed a significant increase due to cost management and reduced share-based payment expenses [1][2]. Financial Performance - The company achieved operating revenue of 680 million yuan, a year-on-year decrease of 13.2% - The net profit attributable to shareholders was 80.39 million yuan, a year-on-year increase of 30.0% - The net profit after deducting non-recurring items was 83.82 million yuan, a year-on-year decrease of 14.8% [1]. Operational Analysis - The comprehensive gross profit margin was approximately 21.9%, a year-on-year decline of 2.4 percentage points - Sales, management, and R&D expenses all decreased year-on-year, primarily due to reduced share-based payment expenses from the employee stock ownership plan - Total R&D investment was 24.35 million yuan, showing growth year-on-year, indicating continued commitment to technological innovation [1][2]. Business Development - The automotive parts business remains a solid foundation, with ongoing market adaptation and development - The company has optimized its customer structure, covering major domestic and international clients such as Changan Ford, Li Auto, and North American Ford [1][2]. New Projects and Innovations - The company secured multiple new project orders from clients like Changan Ford and Li Auto, with the North American Ford cylinder body project transitioning to mass production - The company is expanding into hybrid power engine core components and electric motor housings, achieving a strong market share in the plug-in hybrid vehicle sector [2]. - Cost reduction and efficiency improvements have been realized through initiatives like a 6MW distributed photovoltaic project and optimized natural gas combustion efficiency [2]. Strategic Acquisitions - The company initiated the acquisition of 99% equity in Anhui Yigao Optoelectronics to establish a dual business model of automotive parts and vacuum coating - Yigao Optoelectronics is a high-tech enterprise in the vacuum coating field, with leading ultra-hard coating technology applicable to high-end consumer electronics [3]. - The strategic layout includes the development of electrochromic coating technology for applications in AR/VR and automotive windows, potentially creating new revenue streams [3]. Sensor Technology Investment - The company is investing in the sensor industry, acquiring a 5% stake in MoXian Technology, a leader in flexible tactile sensors - Future plans include investing in 3-5 additional sensor companies to build a technology matrix focused on high-end sensor applications [3]. Profit Forecast - The company forecasts net profits attributable to shareholders of 205 million yuan, 285 million yuan, and 361 million yuan for 2025-2027, with corresponding EPS of 0.47, 0.65, and 0.82 yuan - The automotive parts business is expected to benefit from increased penetration of new energy vehicles, growing overseas orders, and cost reduction efforts, while the new vacuum coating business and sensor investments are anticipated to contribute positively to future performance [4].

Core Viewpoint - Qin'an Co., Ltd. has decided to terminate the plan to acquire 99% of Anhui Yigao Optoelectronics Co., Ltd. through a share issuance and cash payment, opting instead for a cash purchase to enhance transaction efficiency and reduce costs [1][4]. Group 1: Transaction Details - The initial plan for the acquisition was disclosed in June, but the parties involved concluded that the share issuance method could not complete the transaction within the year [4]. - The decision to switch to a cash purchase aims to maintain the stability of Yigao's core team and allow for a quicker response to market demands [4]. - A transaction intention agreement was signed on September 17, 2025, with major shareholders of Yigao for the cash purchase of the company's entire equity [4][5]. Group 2: Company Background - Yigao was established on August 25, 2020, and specializes in the R&D, production, and sales of touch screens, coated conductive glass, and vacuum coating products [5]. - The company is led by its legal representative, Rao Yiran, who also holds executive positions in several related enterprises [5]. - Shenzhen Yuan Zhi Xing Huo Private Equity Fund is the second-largest shareholder with a 20.13% stake, controlled by the Shenzhen State-owned Assets Supervision and Administration Commission [5]. Group 3: Market Context and Performance - The demand for automotive display screens is increasing, expanding the market for Yigao's products, which could complement Qin'an's existing customer resources [6]. - Qin'an, founded in 1995 and listed on the Shanghai Stock Exchange in May 2017, primarily manufactures core components for automotive engines [6]. - In 2024, Qin'an reported a revenue of 1.6 billion yuan, a year-on-year decline of 8.04%, and a net profit of 173 million yuan, down 33.7%, marking the first dual decline since 2018 [6]. - For the first half of 2025, Qin'an's total revenue was 675 million yuan, a decrease of 13.18%, while the net profit attributable to shareholders was 80.39 million yuan, an increase of 29.97% [6].

Group 1 - Qin'an Co., Ltd. announced the termination of the share issuance and cash payment plan to acquire 99% equity of Anhui Yigao Optoelectronics Technology Co., Ltd., opting for a cash purchase instead [1][3] - The decision to change the transaction method was made due to the inability to complete the share issuance acquisition within the year and to ensure the stability of the target company's core team [3] - A transaction intention agreement was signed with major shareholders of Yigao Optoelectronics for the cash purchase of all equity held by them, with further negotiations ongoing regarding the sale of shares held by Yuan Zhi Xing Huo [3] Group 2 - Yigao Optoelectronics, established in August 2020, specializes in the R&D, production, and sales of touch screens, conductive glass, and vacuum coating products, among others [4] - The company has a significant shareholder structure, with Shenzhen Yuan Zhi Xing Huo Private Equity Fund holding 20.13% of the shares, indicating a connection to state-owned assets [4] - The demand for automotive display screens is increasing, which expands the market for Yigao's products, potentially complementing Qin'an's existing customer resources [4] Group 3 - In 2024, Qin'an experienced a decline in both revenue and net profit, with revenue of 1.6 billion yuan, down 8.04% year-on-year, and net profit of 173 million yuan, down 33.7%, marking the first dual decline since 2018 [5] - In the first half of 2025, Qin'an's total revenue was 675 million yuan, a decrease of 13.18% year-on-year, while net profit attributable to shareholders was 80.39 million yuan, an increase of 29.97% [6] - The company is shifting focus towards the automotive intelligence sector to capture opportunities in automotive electrification and intelligence [6]

Group 1 - Fuchun Dyeing and Weaving's controlling shareholders plan to reduce their holdings by a total of 1% of the company's shares, amounting to a maximum of 194.07 million shares [1] - Yaoshi Technology's shareholder plans to reduce holdings by up to 1% of the company's shares, totaling 232.96 million shares [1][2] - Fucai Technology's shareholder plans to transfer 170 million shares, representing 2.0038% of the company's total shares [3] Group 2 - Xiangxia Precision plans to invest 30 million yuan in a joint investment fund, representing 35.09% of the total subscription amount [4] - Anhui Heli intends to acquire 51% of Jianghuai Heavy Industry for 274 million yuan, which will be included in the company's consolidated financial statements [5] - Jida Zhengyuan's shareholder plans to reduce holdings by up to 3% of the company's shares, totaling 565.2 million shares [6] Group 3 - Hanyu Group plans to invest 10 million yuan in the Tianwei Fund, representing 45.43% of the total investment [7] - Tianshun Co. received a government subsidy of 6.375 million yuan, accounting for 71.49% of the company's latest audited net profit [8] - Hongfuhan's vice chairman plans to reduce holdings by up to 0.87% of the company's shares, totaling 77.63 million shares [9] Group 4 - Yunda Co. reported August express service revenue of 4.119 billion yuan, a year-on-year increase of 5.16% [10] - Feile Audio announced no plans to enter the lithography machine field [11] - Xidamen's controlling shareholder plans to reduce holdings by up to 15.7 million shares, representing 0.0821% of the company's total shares [12] Group 5 - Jian Sheng Group plans to invest in a new project in Vietnam with a total investment of 180 million yuan [13] - Yunnan Tourism's cooperation with Zhejiang Humanoid Robot Innovation Center is still in the early stages [14] - Fengcai Technology's shareholder plans to reduce holdings by up to 3% of the company's shares, totaling 341.76 million shares [16] Group 6 - Jinfat Technology has a penetration holding ratio of 0.32% in Yushu Technology [18][19] - Nanjing Public Utility terminated the cash acquisition of 68% of Yiguang Technology due to failure to reach an agreement [20] - Peking University Medicine plans to donate 3 million yuan to the Capital Medical University Education Foundation [21] Group 7 - Qin'an Co. is negotiating to purchase equity in Yigao Optoelectronics for cash [22] - Jinxin Co.'s major shareholder plans to reduce holdings by up to 1% of the company's shares, totaling 662.15 million shares [23] - Capital Online's two shareholders plan to transfer a total of 5.02% of the company's shares, amounting to 25.2076 million shares [24][25]

9月18日晚间，秦安股份（SH603758，股价15.94元，市值69.94亿元）公告，公司于9月17日召开第五届董事会第十七次会议，审议通过了相关议案，同意终 止发行股份及支付现金购买安徽亦高光电科技有限责任公司（以下简称亦高光电）99%股权并募集配套资金事项，另行磋商以现金方式购买前述资产。 对于终止此前交易方案的原因，秦安股份表示，是因为继续推进发行股份方式收购无法在年内完成交割。 此外，在最新以现金方式收购资产的意向性协议中，秦安股份拟通过新设立一家全资子公司来实施本次交易事项，而交易对方之一的饶亦然应当从秦安股份 实控人、控股股东YUANMING TANG处购买上市公司不低于5%的股票，用于担保全体业绩承诺方在交易文件下义务的履行。 而根据最新公告，秦安股份拟终止上述交易方案，改为以现金方式收购亦高光电的股权。秦安股份强调，公司目前已与亦高光电11名主要股东签署现金收购 意向协议，仅有远致星火持有亦高光电的部分股权，其出售方案现阶段仍处于磋商过程中，尚未纳入本次签署的意向协议。 具体来说，秦安股份拟通过新设立一家全资子公司实施本次交易事项，即以该新设全资子公司来进行资产收购，交易对价则将在满足当期支 ...

9月18日晚间，秦安股份（SH603758，股价15.94元，市值69.94亿元）公告，公司于9月17日召开第五届董事会第十七次会议，审议通过了相关议案，同意终 止发行股份及支付现金购买安徽亦高光电科技有限责任公司（以下简称亦高光电）99%股权并募集配套资金事项，另行磋商以现金方式购买前述资产。 对于终止此前交易方案的原因，秦安股份表示，是因为继续推进发行股份方式收购无法在年内完成交割。 此外，在最新以现金方式收购资产的意向性协议中，秦安股份拟通过新设立一家全资子公司来实施本次交易事项，而交易对方之一的饶亦然应当从秦安股份 实控人、控股股东YUANMING TANG处购买上市公司不低于5%的股票，用于担保全体业绩承诺方在交易文件下义务的履行。 为更高效完成收购 方案更改为现金交易 根据此前的交易预案，秦安股份拟通过发行股份及支付现金的方式向饶亦然、徐州市亦高企业管理有限公司、远致星火、西藏华建兴业实业有限公司、徐州 市亦高运营管理合伙企业（有限合伙）、徐州市景程光电科技有限公司（以下简称景程光电）、新余市长业亿立创业投资合伙企业（有限合伙）、徐州市清 显电子科技有限公司（以下简称清显科技）、李俊华等12名交易 ...

中国经济网北京9月19日讯秦安股份（603758）(603758.SH)昨晚披露了关于终止发行股份、支付现金购 买资产并募集配套资金事项及继续磋商以现金方式购买资产的公告。 公司拟终止原发行股份及支付现金购买安徽亦高光电科技有限责任公司(以下简称"亦高光电""标的公 司")99%股权并募集配套资金事项，另行以现金方式收购亦高光电股权，目前已与亦高光电11名主要股 东签署现金收购意向协议。 本次签署的仅为意向性协议，具体的交易方案、定价、支付安排、业绩承诺与补偿等核心条款仍需以最 终签署的正式协议为准。本次交易需待交易各方进一步协商并履行必要的内部决策程序(包括但不限于 董事会、股东会审议)后方可实施，能否顺利推进及实施尚存在不确定性。 远致星火持有标的公司的部分股权，其出售方案现阶段仍处于磋商过程中，尚未纳入本次签署的意向协 议。该部分股权能否最终达成交易、其交易条款是否与整体方案协同，均存在不确定性，可能对本次收 购的完整性和预期效果产生影响。 7,000万元、人民币8,000万元和人民币9,000万元，业绩承诺期内的三年累计净利润不应低于人民币 24,000万元。前述实际实现的净利润计算公式如下：实际实现 ...

Group 1 - The company, Qin'an Co., has decided to terminate the original plan to acquire 99% equity of Anhui Yigao Optoelectronics Technology Co., Ltd. through issuing shares and cash payment, opting instead for a cash acquisition [2] - The initial plan involved purchasing the equity from 12 shareholders, but due to the inability to complete the share issuance before year-end and the need for efficient acquisition to maintain the target company's core team stability, a cash acquisition was deemed more suitable [2] - Since the stock suspension on June 30, 2025, the company has been actively working on the acquisition, including audits, evaluations, and negotiations with the transaction parties [2] Group 2 - Qin'an Co. has signed a cash acquisition intention agreement with 11 major shareholders of Yigao Optoelectronics, planning to establish a wholly-owned subsidiary to facilitate the cash purchase [3] - The transaction price will be paid in installments based on current payment conditions, and performance commitments will be made by the shareholders regarding the operational performance of Yigao Optoelectronics during the commitment period [3] - Shareholder Rao Yiran is required to purchase a certain number of Qin'an Co. shares to guarantee the fulfillment of obligations by all performance commitment parties under the transaction documents [3]