股票上市地点：上海证券交易所 股票简称：长龄液压 股票代码：605389 信息披露义务人一：夏继发 通讯地址：江苏省江阴市云亭街道云顾路 885 号 信息披露义务人二：夏泽民 江苏长龄液压股份有限公司 简式权益变动报告书（更新稿） 江苏长龄液压股份有限公司 简式权益变动报告书（更新稿） 上市公司名称：江苏长龄液压股份有限公司 通讯地址：江苏省江阴市云亭街道云顾路 885 号 信息披露义务人一致行动人：江阴澜海浩龙企业管理合伙企业（有限合伙） 住所：江阴市云亭街道大园里路 1 号 通讯地址：江阴市云亭街道大园里路 1 号 股份变动性质：股份减少（协议转让） 签署日期：二〇二五年七月 1 江苏长龄液压股份有限公司 简式权益变动报告书（更新稿） 信息披露义务人声明 一、信息披露义务人依据《中华人民共和国证券法》《上市公司收购管理办 法》《公开发行证券的公司信息披露内容与格式准则第 15 号—权益变动报告书》 等相关法律法规、规范性文件的有关规定编写本权益变动报告书。 二、信息披露义务人签署本报告书已获得必要的授权和批准。 三、依据《中华人民共和国证券法》《上市公司收购管理办法》的规定，本 报告书已全面披露了信息披露 ...

江苏长龄液压股份有限公司 详式权益变动报告书 （更新稿） 上市公司名称：江苏长龄液压股份有限公司 上市地点：上海证券交易所 股票简称：长龄液压 股票代码：605389 信息披露义务人一：无锡核芯听涛科技合伙企业（有限合伙） 住所： 江阴市中南路1号A1办公楼304室 通讯地址： 江阴市中南路1号A1办公楼304室 信息披露义务人二：江阴澄联双盈投资合伙企业（有限合伙） 住所：江阴市创富1号10幢1802室 通讯地址：江阴市创富1号10幢1802室 信息披露义务人一致行动人：无锡核芯破浪科技合伙企业（有限合伙） 住所：江阴市中南路1号A1办公楼308室 通讯地址：江阴市中南路1号A1办公楼308室 股份变动性质：增加（协议受让） 签署日期：二〇二五年七月 1 信息披露义务人声明 本部分所述词语或简称与本报告书"释义"所述词语或简称具有相同含义。 一、本报告书是依据《中华人民共和国公司法》《中华人民共和国证券法》 《上市公司收购管理办法》《公开发行证券的公司信息披露内容与格式准则第 15 号——权益变动报告书》《公开发行证券的公司信息披露内容与格式准则第 16 号——上市公司收购报告书》及相关法律、法规、规范性文 ...

长城证券股份有限公司 关于 江苏长龄液压股份有限公司 详式权益变动报告书 之 财务顾问核查意见 （广东省深圳市福田区金田路 2026 号能源大厦南塔楼 10-19 层） 二〇二五年七月 1 声明 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司收购 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 15 号——权益变 动报告书》及《公开发行证券的公司信息披露内容与格式准则第 16 号——上市 公司收购报告书》等法律法规和规范性文件的规定，长城证券股份有限公司按 照行业公认的业务标准、道德规范，本着诚实信用、勤勉尽责的精神，对本次 权益变动的相关情况和资料进行了核查，对信息披露义务人出具的《江苏长龄 液压股份有限公司详式权益变动报告书（更新稿）》进行核查，并出具核查意见， 以供投资者和有关各方参考。 为此，本财务顾问特作出以下声明： 1、本财务顾问所依据的有关资料由信息披露义务人提供。信息披露义务人 已做出声明，保证其所提供的所有文件、材料及口头证言真实、准确、完整、 及时，不存在任何虚假记载、误导性陈述或重大遗漏，并对其真实性、准确性、 完整性和合法性负责； 2、本财务顾问已按照规定履行了 ...

长城证券股份有限公司关于江苏长龄液压股份有限公司 关于控制权变更有关事项的监管工作函回复的核查意见 上海证券交易所： 长城证券股份有限公司（以下简称"长城证券"、"财务顾问"）接受无锡 核芯听涛科技合伙企业（有限合伙）（以下简称"核芯听涛"）、 江阴澄联双 盈投资合伙企业（有限合伙）（以下简称"澄联双盈"）的委托，担任核芯听涛 和澄联双盈协议受让江苏长龄液压股份有限公司（以下简称"上市公司"、"长 龄液压"）43,211,714 股股份（股份比例为 29.99%）的财务顾问。截至目前，长 城证券尚未被聘请为要约收购的财务顾问，但应贵所下发的《于对长龄液压股份 有限公司控制权变更有关事项的监管工作函》（上证公函【2025】0995 号，以 下简称"《监管工作函》"）要求，会同公司针对《监管工作函》进行了认真讨 论充分核查，现向贵所提交《监管工作函》回复的核查意见。 问题一 关于收购方资金来源。公告显示，本次交易收购价款的资金来源为澄联双 盈合法自有资金以及核芯听涛、核芯破浪合法自有或自筹资金。其中，核芯听 涛、核芯破浪自有资金约 9 亿元；自筹资金约 9.5 亿元，拟通过并购贷款约 7.5 亿元、外部借款约 2 ...

证券代码：605389 证券简称：长龄液压 公告编号：2025-029 江苏长龄液压股份有限公司 关于对控制权变更有关事项的监管工作函的回复公告 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。 江苏长龄液压股份有限公司（以下简称"公司"）于近日收到上海证券交易 所出具的《关于对长龄液压股份有限公司控制权变更有关事项的监管工作函》[上 证公函【2025】0995 号]（以下简称"工作函"）。公司收到工作函后高度重视， 按要求对工作函进行了认真讨论，积极组织各方对所涉及的问题进行核查及回复， 现将工作函的问题回复如下： 关于收购方资金来源。公告显示，本次交易收购价款的资金来源为澄联双 盈合法自有资金以及核芯听涛、核芯破浪合法自有或自筹资金。其中，核芯听 涛、核芯破浪自有资金约 9 亿元；自筹资金约 9.5 亿元，拟通过并购贷款约 7.5 亿元、外部借款约 2 亿元方式取得，其中外部借款主要系收购方合伙人之间借 款。还款来源包括但不限于未来上市公司分红收益、收购方主要合伙人其他经 营资产的投资收益（包括但不限于分红收益以及股权转让所 ...

金融界消息 截至2025年7月31日收盘，长龄液压（605389）报收于48.99元，上涨9.99%，换手率 3.33%，成交量4.54万手，成交金额2.15亿元。 资金流向方面，今日主力资金净流入2906.05万元，占比成交额13.52%。其中，超大单净流入4406.59万 元、占成交额20.5%，大单净流出1500.54万元、占成交额6.98%，中单净流出流出1788.58万元、占成交 额8.32%，小单净流出1117.47万元、占成交额5.2%。 长龄液压最新一期业绩显示，截至2025一季报，公司营业总收入2.19亿元、同比减少2.64%，归属净利 润3082.47万元，同比减少7.63%，扣非净利润2970.46万元，同比减少5.74%，流动比率7.176、速动比率 6.234、资产负债率10.01%。 天眼查商业履历信息显示，江苏长龄液压股份有限公司，成立于2006年，位于无锡市，是一家以从事通 用设备制造业为主的企业。企业注册资本14408.707万人民币，实缴资本4200万人民币。公司法定代表 人为夏泽民。 通过天眼查大数据分析，江苏长龄液压股份有限公司共对外投资了13家企业，参与招投标项目37 ...

Market Overview - The engineering machinery sector experienced a decline of 1.75% on July 31, with Hengli Drilling leading the drop [1] - The Shanghai Composite Index closed at 3573.21, down 1.18%, while the Shenzhen Component Index closed at 11009.77, down 1.73% [1] Top Performers - Tianyuan Intelligent (603273) saw a significant increase of 10.02%, closing at 21.09 with a trading volume of 218,000 shares and a turnover of 455 million yuan [1] - Southern Road Machinery (603280) also rose by 10.01%, closing at 54.86 with a trading volume of 82,400 shares [1] - Changling Hydraulic (605389) increased by 9.99%, closing at 48.99 with a trading volume of 45,400 shares [1] Underperformers - Hengli Drilling (836942) experienced the largest decline, down 11.39% to 57.90 with a trading volume of 135,500 shares and a turnover of 811 million yuan [2] - Tuoshan Heavy Industry (001226) fell by 9.97%, closing at 40.00 with a trading volume of 109,400 shares [2] - Wuxin Suizhuang (835174) decreased by 7.19%, closing at 64.67 with a trading volume of 87,500 shares [2] Capital Flow - The engineering machinery sector saw a net outflow of 566 million yuan from institutional investors and 196 million yuan from speculative funds, while retail investors contributed a net inflow of 762 million yuan [2][3] - Notable capital flows include Huadong Heavy Machine (002685) with a net inflow of 17.7 million yuan from institutional investors, while Tianyuan Intelligent (603273) had a net outflow of 143 million yuan from institutional investors [3]

Group 1 - The engineering machinery sector is experiencing a significant upward trend, with Southern Road Machinery (603280) reaching a new high [1] - Shanhe Intelligent (002097) has achieved four consecutive trading limit increases, while Tuoshan Heavy Industry (001226) has seen two consecutive limit increases [1] - Hengli Drilling Tools has risen over 15%, also reaching a new high, with other companies like Tietuo Machinery, Liugong (000528), Changling Hydraulic (605389), Shantui (000680), and Fushite (301446) following suit with price increases [1] Group 2 - Dark pool funds are flowing into these stocks, indicating increased investor interest [2]

Group 1 - In July, Qingdao private enterprises initiated a wave of acquisitions, with three local companies making significant moves within five days, indicating a strong desire for resource integration and expansion [1] - On July 10, Jiangsu Changling Hydraulic Co., Ltd. announced that Hu Kangqiao, founder of Core Interconnection Technology, and his affiliates would invest 2.113 billion yuan to acquire 41.99% of voting rights in Changling Hydraulic, potentially indicating plans for a backdoor listing [1] - The acquisition involved a state-owned company in Wuxi receiving approximately 600 million yuan in equity from Core Interconnection, providing crucial financial support for the deal [1] Group 2 - On July 13, DeGute announced a major asset restructuring plan to acquire 100% of Haowei Technology for cash and stock, marking a "small fish eating big fish" scenario, as Haowei's revenue was nearly 4 billion yuan over the past two years [2] - DeGute aims to expand its business from energy-saving equipment manufacturing to telecommunications software development and AI solutions, establishing a second growth curve [2] - Haowei Technology is recognized as a unicorn in digital technology operations, with strong capabilities in cloud management services certified by major cloud providers [2] Group 3 - On July 14, Sailun Tire announced its subsidiary would acquire 100% of Bridgestone (Shenyang) Tire Co., Ltd. for 265 million yuan, focusing on the existing industrial land and production capacity [3] - This acquisition will help Sailun Tire rapidly increase production capacity to meet domestic and international market demands, enhancing its competitiveness [3] - The trend of active mergers and acquisitions among Qingdao enterprises reflects a shift from state-owned enterprises to private companies taking the lead in capital operations [3]

Group 1 - The core event involves the acquisition of Longling Hydraulic by the unicorn company Core Chip Interconnect, which has significantly impacted the capital market, with Longling Hydraulic's stock price increasing nearly 520% since its resumption of trading [1][2] - Longling Hydraulic's latest market capitalization exceeds 60 billion yuan, while Core Chip Interconnect is valued at 15 billion yuan [1] - The acquisition structure includes a two-step process where Core Chip Interconnect and its partners will invest a total of 21.13 billion yuan to acquire 41.99% of Longling Hydraulic's shares [3][4] Group 2 - The first step involves a share transfer agreement where Core Chip Interconnect will acquire 24.99% of Longling Hydraulic's shares for approximately 12.38 billion yuan, and another partner will acquire 5% for about 2.48 billion yuan [4] - The second step includes a partial tender offer for an additional 12% of shares at a price of 36.24 yuan per share, totaling around 6.27 billion yuan [4] - The funding for this acquisition is primarily sourced from Core Chip Interconnect's own funds and loans, with Jiangyin State-owned Assets contributing over 40% of the total investment [6][7] Group 3 - Jiangyin State-owned Assets aims to create a model for local state-owned enterprises to acquire control of listed companies while addressing past issues in such transactions [2][9] - The acquisition is expected to stabilize Longling Hydraulic's operations and provide a platform for future capital operations, including potential asset injections from Core Chip Interconnect [11][13] - Longling Hydraulic has shown stable financial performance, with revenues around 8.96 billion yuan in 2022 and a net profit of approximately 1.27 billion yuan, indicating a solid foundation for future growth [12] Group 4 - The transaction is seen as a strategic move to enhance local economic development by integrating the chip design and hydraulic manufacturing sectors, potentially leading to significant synergies [13][14] - Jiangyin's investment in Core Chip Interconnect is part of a broader strategy to develop a robust semiconductor industry cluster, with the goal of creating a billion-level integrated circuit industry park by 2028 [15][16] - The deal is structured to allow for a smooth exit strategy for Jiangyin State-owned Assets, enabling them to capitalize on the growth of both Longling Hydraulic and Core Chip Interconnect [14][16]