Group 1 - Tiande Yu achieved a net profit of 1.52 billion yuan in the first half of 2025, a year-on-year increase of 50.89% [1] - Tiande Yu's operating income for the same period was 12.08 billion yuan, reflecting a growth of 43.35% year-on-year [1] - Fule New Materials plans to reduce its shareholding by up to 1.33%, amounting to 376.25 million shares, due to personal funding needs [1] - Jindi Co. signed an industrial project investment contract with a total investment of no less than 1.5 billion yuan [1] Group 2 - Tuo Xin Pharmaceutical intends to invest 10 million yuan in Jiangsu Jinsan Biotechnology, acquiring a 1.75% stake [1] - Pinming Technology expects a net profit of 28 million to 34 million yuan for the first half of 2025, a year-on-year increase of 231.79% to 302.89% [4] - Shuanglin Co. anticipates a net profit of 251 million to 310 million yuan, representing a growth of 1% to 25% year-on-year [7] Group 3 - Kangxino received approval for clinical trials of its trivalent poliovirus vaccine [8] - Bailian Co. signed a land storage compensation contract worth approximately 2 billion yuan [9] - Wukuang Development plans to issue short-term financing bonds and medium-term notes totaling up to 2 billion yuan each [10] Group 4 - Hengxin Life intends to invest 10 million yuan in a targeted equity investment [12] - Hengyin Technology expects a net profit of 13.5 million to 16.2 million yuan, marking a turnaround from losses [14] - *ST Jinglun anticipates a net loss of 19 million to 22 million yuan for the first half of 2025 [15] Group 5 - Baiyun Electric won a bid for a State Grid project worth 164 million yuan [16] - Zhejiang Energy completed a power generation of 788.48 billion kWh in the first half of 2025, a year-on-year increase of 4.48% [17] - Sheneng Co. reported a power generation of 259.51 billion kWh, a decrease of 1.7% year-on-year [19] Group 6 - Hengerd signed a strategic cooperation framework agreement with Tiangong International [21] - Baotai's application for the listing of Golimumab injection has been accepted by the FDA [23] - Yishitong received a government subsidy of 2 million yuan [24] Group 7 - Jinggong Steel signed a contract worth approximately 550 million yuan for the Jeddah Stadium project in Saudi Arabia [26] - Zhongwang Software received a government subsidy of 28 million yuan [27] - Rongxin Culture used idle funds of 100 million yuan to purchase financial products [29] Group 8 - Lingxiao Pump Industry invested 80 million yuan in financial products [31] - China Pacific Insurance reported a total original insurance premium income of 282 billion yuan from its subsidiaries [32] - Kema Technology expects a net profit of 165 million to 175 million yuan, a year-on-year increase of 18.59% to 25.77% [32] Group 9 - Qujiang Cultural Tourism anticipates a net loss of approximately 13 million to 16.9 million yuan [32] - Daoshi Technology expects a net profit of 220 million to 238 million yuan, a year-on-year increase of 98.77% to 115.03% [32] - Baicheng Medicine forecasts a net profit decline of 95.53% to 100% [33] Group 10 - Bertley plans to invest 198 million yuan to establish a partnership for investments in emerging fields [34] - China Merchants Highway announced the resignation of its chairman due to reaching retirement age [35] - Overseas Chinese Town A reported a 29% decrease in contract sales amount in June [36]

| 证券代码：603861 | 证券简称：白云电器 公告编号：2025-042 | | --- | --- | | 转债代码：113549 | 转债简称：白电转债 | 广州白云电器设备股份有限公司 关于公司及控股子公司项目中标的公告 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。 二、对公司业绩的影响 公司及控股子公司上述项目中标金额合计为 16,359.54 万元，具体金额以最 终签订的项目合同为准。占公司 2024 年经审计营业收入的 3.28%。上述项目中 标后，其合同的履行将对公司经营工作及经营业绩产生积极影响，但不影响公司 经营的独立性。 三、风险提示 1、目前,公司及控股子公司桂林电容尚未与国家电网有限责任公司或其下属 相关企业签订正式商务合同，上述项目履行条款以正式合同为准。 2、合同在履行过程中如果遇到不可预计的或不可抗力等因素的影响，有可 能会导致合同无法全部履行或终止的风险。 敬请广大投资者谨慎决策，注意投资风险。 特此公告。 2025 年 7 月 15 日 ， 国 家 电 网 有 限 责 任 公 司 在 ...

Core Viewpoint - Baiyun Electric has won a bid for the State Grid Corporation of China's power transmission and transformation project, with a total bid amount of 163.5954 million yuan, which represents 3.28% of the company's audited revenue for 2024 [1] Summary by Category Company - Baiyun Electric and its subsidiary, Guilin Electric Capacitor Co., Ltd., are the winning bidders for the State Grid Corporation's 2025 procurement, specifically for the third round of bidding for power transmission and transformation equipment, including cables [1] - The total bid amount of 163.5954 million yuan is significant, accounting for 3.28% of Baiyun Electric's projected audited revenue for 2024 [1] - There is currently no formal business contract signed, indicating uncertainty in contract execution [1] Industry - The procurement is part of the State Grid Corporation's ongoing efforts to enhance its infrastructure through the acquisition of essential equipment for power transmission and transformation projects [1]

Group 1 - The first phase of the Foshan Metro photovoltaic power generation project has successfully connected to the grid, marking a significant step in the application of green energy in Foshan's rail transit [1] - Guangzhou Baiyun Electric Equipment Co., Ltd. plays a key role in this project as a leading provider of comprehensive green smart energy solutions [1][3] - The company has undergone a transformation from a traditional power equipment manufacturer to a leading provider of green smart energy solutions over more than 40 years [3][4] Group 2 - Baiyun Electric focuses on innovation as a core aspect of its development, with a strong emphasis on independent research and development, as well as collaborative development [5] - The company has established a digital factory for smart distribution equipment, recognized as a national model for intelligent manufacturing and green factories [5] - Baiyun Electric has received numerous national honors for its innovative achievements, including awards for significant contributions to the State Grid's UHVDC projects [5] Group 3 - The company plans to optimize its market structure by responding to the demands for green, digital, and intelligent power grids, while also expanding its market presence in renewable energy generation [7] - Baiyun Electric aims to enhance its technological capabilities and product innovation in core areas such as new energy, smart technology, and energy efficiency [9] - The company is focused on developing advanced products like eco-friendly GIS and high-capacity transformers, while also improving integrated solutions in energy management and smart operations [9]

Core Viewpoint - The announcement details the conversion results of the company's convertible bonds, indicating a significant amount of bonds converted into shares and the remaining unconverted bonds as of June 30, 2025 [2][8]. Group 1: Convertible Bond Conversion Status - From April 1, 2025, to June 30, 2025, no convertible bonds were converted into company shares, resulting in 0 shares converted, which is 0% of the total shares before conversion [2][8]. - Cumulatively, from the start of the conversion period until June 30, 2025, a total of RMB 512,881,000 worth of "Bai Electric Convertible Bonds" has been converted into 65,115,469 shares, accounting for 14.4083% of the total shares before conversion [2][8]. - As of June 30, 2025, the amount of unconverted convertible bonds stands at RMB 367,119,000, representing 41.7181% of the total issuance [9]. Group 2: Convertible Bond Issuance Overview - The company issued 8.8 million convertible bonds on November 15, 2019, with a face value of RMB 100 each, raising a total of RMB 880 million, with a maturity period of six years [3]. - The bonds were listed on the Shanghai Stock Exchange on December 11, 2019, under the name "Bai Electric Convertible Bonds" with the code "113549" [3]. - The initial conversion price was set at RMB 8.99 per share, which has undergone several adjustments due to various corporate actions, with the current conversion price at RMB 7.73 per share [3][4][5][6][7].

证券代码:603861 证券简称:白云电器 公告编号:2025-041 转债代码:113549 转债简称:白电转债 广州白云电器设备股份有限公司 可转债转股结果暨股份变动公告 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个别及连带责任。 重要内容提示： 转股情况：2025 年 4 月 1 日至 2025 年 6 月 30 日期间，共有 0 元公司可 转换债券"白电转债"转换为公司股票，转股股数为 0 股，占可转债转股前公司 已发行股份总额的 0%。自"白电转债"进入转股期至 2025 年 6 月 30 日期间， 累计共有人民币 512,881,000 元"白电转债"已转换为公司股票，转股数量为 65,115,469 股，占可转债转股前公司已发行股份总额的 14.4083%。 未转股可转债情况：截至 2025 年 6 月 30 日，尚未转股的可转债金额为 人民币 367,119,000 元，占可转债发行总量 41.7181%。 一、可转债发行上市概况 经中国证券监督管理委员会证监许可〔2019〕1022号文《关于核准广州白云 电器设备股 ...

Core Viewpoint - The legal opinion issued by Guangdong Hosheng Law Firm confirms that Guangzhou Baiyun Electric Equipment Co., Ltd.'s differentiated dividend distribution plan for 2024 complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [10]. Summary by Sections Company's Dividend Distribution Plan - The company plans to distribute a cash dividend of 1.00 yuan (including tax) for every 10 shares held, with no stock dividends or capital reserve transfers [4][5]. Basis for Special Ex-Dividend Treatment - The company intends to use between 20 million yuan and 30 million yuan of its own funds to repurchase shares at a price not exceeding 15.63 yuan per share, with a repurchase period of 12 months from the approval date [4][5]. Details of the Differentiated Dividend Plan - The total share capital is 492,559,946 shares, with 2,526,438 shares repurchased, resulting in a base of 490,033,508 shares for the cash dividend distribution [5][6]. Calculation of Ex-Dividend Price - The ex-dividend reference price is calculated as (previous closing price - cash dividend) ÷ (1 + change in circulating shares ratio). The actual cash dividend per share is 0.1000 yuan, leading to an ex-dividend reference price of approximately 9.3700 yuan per share [6][8]. Impact of the Differentiated Dividend on Ex-Dividend Price - The impact of the differentiated dividend on the ex-dividend reference price is minimal, with an absolute value change of less than 1% [8][9]. Conclusion - The legal opinion concludes that the differentiated dividend distribution aligns with the Company Law, Securities Law, and other relevant regulations, ensuring the protection of the interests of the company and all shareholders [10].

证券停复牌情况：适用 | 证券代码：603861 | 证券简称：白云电器 | 公告编号：2025-040 | | --- | --- | --- | | 转债代码：113549 | 转债简称：白电转债 | | 广州白云电器设备股份有限公司 关于"白电转债"转股价格调整的公告 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。 重要内容提示： 因广州白云电器设备股份有限公司（以下简称"公司"）实施 2024 年年度权 益分派,本公司的相关证券停复牌情况如下：权益分派公告前一交易日（2025 年 6 月 27 日）至权益分派股权登记日（2025 年 7 月 4 日）间，本公司可转债将停止转 股, 自 2025 年 7 月 7 日起恢复转股。 | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌期间 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | 113549 | 白电转债 | 可转债转股复牌 | 2025/6/27 | | 2025/7/4 | ...

| | | 广州白云电器设备股份有限公司 2024年年度权益分派实施公告 1. 发放年度：2024年年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 根据《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等有关 规定，公司存放于回购专用证券账户中的股份将不参与利润分配。 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： | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放 | | --- | --- | --- | --- | --- | | | | | | 日 | | Ａ股 | 2025/7/4 | － | 2025/7/7 | 2025/7/7 | 差异化分红送转： 是 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 6 月 3 日的2024年年度股东大会审议通过。 二、 分配方案 每股分配比例 A 股每股现金红利0.10元 相 ...

地 址：广州市珠江新城华夏路 26 号雅居乐中心 8 楼 邮 编：510623 电 话：38792999 传 真：38795030 E-mail：hopesun@vip.163.com 关于广州白云电器设备股份有限公司 广东合盛律师事务所 H O P E S U N 广东合盛律师事务所 差异化分红的法律意见书 致：广州白云电器设备股份有限公司 广东合盛律师事务所接受广州白云电器设备股份有限公司（以下简称"公司"）的 委托，根据《中华人民共和国公司法》(以下简称《公司法》)、《中华人民共和国证券 法》(以下简称"《证券法》")、《上海证券交易所上市公司自律监管指引第 7 号—回购 股份》(以下简称"《回购股份监管指引》")等中国(包括香港特别行政区、澳门特别行 政区和台湾地区，仅为本法律意见书之目的,"中国"特指中国大陆地区)现行法律、行 政法规、部门规章及规范性文件和《广州白云电器设备股份有限公司章程》(以下简称 "《公司章程》")的有关规定，就公司 2024 年年度利润分配所涉及的差异化权益分派特 殊除权除息(以下简称"本次差异化分红")相关事宜，出具本法律意见。 为出具本法律意见，本所假设：（1）经本所审 ...