Core Viewpoint - On June 30, a total of 31 listed companies had their restricted shares unlocked, with a total market value of approximately 31.50 billion yuan [1]. Group 1: Unlocking Details - The specific details of the restricted share unlocks include: - Meili Ecology (000010): 239 million shares from A-share issuance to original shareholders - Xingrong Environment (000598): 4.926 million shares from equity incentive lock-up - Yueyang Xinchang (000819): 526,800 shares from equity incentive lock-up - Gaohong Co., Ltd. (000851): 4.944 million shares from equity incentive lock-up - Zhongyan Chemical (600328): 470,460 shares from equity incentive lock-up - Yangnong Chemical (600486): 115,480 shares from equity incentive lock-up - Kangyuan Pharmaceutical (600557): 2.6093 million shares from equity incentive lock-up - Keda Technology (002518): 1.3953 million shares from equity incentive lock-up - Longci Technology (300835): 562,700 shares from equity incentive lock-up - Weiming Environmental Protection (603568): 3.129 million shares from equity incentive lock-up - Dongrui Co., Ltd. (001201): 486,400 shares from A-share issuance to original shareholders - Sanwei Co., Ltd. (603033): 1.183 million shares from equity incentive lock-up - Naer Co., Ltd. (002825): 140,000 shares from equity incentive lock-up - Jinyinhe (300619): 1.6248 million shares from A-share issuance to legal persons - Tianyuan Environmental Protection (301127): 14.6 million shares with extended lock-up period - Youningwei (301166): 40.6188 million shares with extended lock-up period - Xutian Salt Industry (600929): 3.033 million shares from equity incentive lock-up - Keli Sensor (603662): 722,800 shares from equity incentive lock-up - Gongniu Group (603195): 641,200 shares from equity incentive lock-up - Fuyuan Pharmaceutical (601089): 27.5 million shares from pre-issue lock-up - Xinbang Intelligent (301112): 7.4097 million shares from pre-issue lock-up - Shanghai Port Bay (605598): 29,400 shares from equity incentive lock-up - Dingjide (603255): 507,500 shares from equity incentive lock-up - United Precision (001268): 6.154 million shares from pre-issue lock-up - Pinggao Co., Ltd. (688227): 48.9585 million shares - Chunli Medical (688236): 20.9 million shares - Zhongwulian (688297): 40.3 million shares - Lais Information (688631): 163,480 shares - Shichuang Energy (688429): 200,000 shares - Xindong Link (688582): 220,840 shares - Aike Saibo (688719): 100,000 shares [2].

Core Viewpoint - Shanghai Port Construction (Group) Co., Ltd. is repurchasing and canceling a total of 1,568,000 restricted stocks due to unmet performance targets in the 2023 restricted stock incentive plan, specifically the second unlock period [1][2][3] Summary by Sections Reason for Repurchase and Cancellation - The repurchase and cancellation of restricted stocks are based on the failure to meet the performance assessment criteria set for the second unlock period of the 2023 restricted stock incentive plan, which required a net profit growth rate of no less than 140% for 2024 compared to the average net profit from 2020 to 2022 [2][3] Details of the Repurchase and Cancellation - The decision to repurchase and cancel the restricted stocks was approved in a board meeting, with legal opinions provided by Beijing Zhonglun Law Firm [1][2] - A total of 18 incentive participants will have their combined 1,176,000 shares repurchased and canceled [3] Stock Structure Changes - Before the cancellation, the number of restricted stocks was 2,744,000, which will decrease to 1,568,000 after the cancellation [4] - The total shares of the company will change from 245,760,841 to 244,584,841 after the cancellation [5] Compliance and Legal Opinions - The board of directors confirmed that the decision-making process and information disclosure comply with relevant laws and regulations, ensuring no harm to the rights of incentive participants or creditors [5] - Legal opinions affirm that the repurchase and cancellation have obtained necessary approvals and comply with the relevant regulations [5]

Core Viewpoint - The legal opinion letter from Beijing Zhonglun Law Firm confirms that Shanghai Port Construction (Group) Co., Ltd. has obtained the necessary approvals and authorizations for the repurchase and cancellation of certain restricted stocks as part of its 2023 incentive plan [1][10][13] Summary by Sections Legal Basis and Verification - The law firm conducted a thorough review of relevant documents, including the 2023 restricted stock incentive plan and related board and supervisory committee meeting files, ensuring compliance with the Company Law and Securities Law [2][3] - The law firm asserts that all provided materials are true, accurate, and complete, with no significant omissions [2][3] Approval and Authorization - On March 21, 2023, the company's board and supervisory committee approved the incentive plan and authorized the board to handle related matters [4][5] - The company disclosed the list of incentive recipients on March 22, 2023, and no objections were raised during the public notice period [4][5] Repurchase and Cancellation Details - The repurchase of restricted stocks is due to the failure of 18 incentive recipients to meet performance targets, resulting in the cancellation of 1,176,000 shares [11][12] - The repurchase price for the first grant and deferred portions is set at 10.95887 yuan per share, while the reserved grant portion is set at 18.43030 yuan per share [12] Implementation and Notification - The company has completed the necessary notifications to creditors regarding the repurchase and has not received any objections [12] - A dedicated repurchase account has been established, and the cancellation is expected to be completed by June 26, 2025 [12] Changes in Share Capital Structure - Following the repurchase, the company's share capital structure will change as follows: - Restricted shares will decrease from 2,744,000 to 1,568,000 - Total shares will decrease from 245,760,841 to 244,584,841 [12] Conclusion - The law firm concludes that the repurchase and cancellation of restricted stocks comply with relevant regulations and that the company must complete necessary registration and disclosure procedures [13]

| 回购股份数量（股） | 注销股份数量（股） | | 注销日期 | | | | --- | --- | --- | --- | --- | --- | | 1,176,000 | 1,176,000 | 2025 | 年 6 | 月 | 26 日 | 一、本次回购注销限制性股票的决策与信息披露 证券代码：605598 证券简称：上海港湾 公告编号：2025-027 上海港湾基础建设（集团）股份有限公司 关于回购注销部分限制性股票的实施公告 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： 回购注销原因：上海港湾基础建设（集团）股份有限公司（以下简称"公 司"、"上海港湾"）2023 年限制性股票激励计划因 2024 年公司层面的业绩考核 未达标，导致第二个解除限售期的解除限售条件未成就。公司根据相关规定将 18 名激励对象已获授但不符合解除限售条件的 1,176,000 股限制性股票进行回 购注销处理。 本次注销股份的有关情况 2025 年 4 月 28 日，公司召开第三届董事会第十二次会议和第三届监事会第 十 ...

北京市中伦律师事务所 关于上海港湾基础建设（集团）股份有限公司 回购注销部分限制性股票实施的 法律意见书 二〇二五年六月 | 一、激励计划及本次回购注销的批准与授权 | 3 | | --- | --- | | 二、本次回购注销的具体情况 | 5 | | 三、本次回购注销的实施情况 | 6 | | 四、本次回购注销前后公司股本结构变动情况 | 6 | | 五、结论意见 | 7 | 北京市中伦律师事务所 关于上海港湾基础建设（集团）股份有限公司 回购注销部分限制性股票实施的 法律意见书 致：上海港湾基础建设（集团）股份有限公司 根据上海港湾基础建设（集团）股份有限公司（以下简称"上海港湾"或"公 司"）与北京市中伦律师事务所（以下简称"本所"）签订的《专项法律服务合 同》的约定及受本所指派，本所律师作为公司 2023 年限制性股票激励计划（以 下简称"激励计划"或"本次激励计划"）相关事宜的专项法律顾问，出具本法 律意见书。 为出具本法律意见书，本所律师审阅了《上海港湾基础建设（集团）股份有 限公司 2023 年限制性股票激励计划》（以下简称"《激励计划》"）、《上海 港湾基础建设（集团）股份有限公司 2023 ...

Meeting Overview - The annual general meeting of Shanghai Harbour Infrastructure (Group) Co., Ltd. was held on May 30, 2025, in Shanghai [2] - The meeting was convened by the board of directors and conducted in accordance with relevant laws and regulations [2][3] Attendance - All 5 serving directors and 3 serving supervisors attended the meeting, with 2 supervisors participating via telecommunication [3] - The board secretary and other key executives were also present [3] Resolutions Passed - All proposed resolutions were approved, including the annual report, financial statements, and various reports from the board and supervisory committee [4][5][6] - Notably, the resolutions regarding the profit distribution plan and the confirmation of director and supervisor remuneration for 2024 were also passed [5][6] Special Resolutions - Resolutions 9, 11, and 13 were classified as special resolutions, requiring a two-thirds majority, which was achieved [7] Legal Verification - The meeting was witnessed by Beijing Zhonglun Law Firm, confirming that all procedures and resolutions complied with legal and regulatory requirements [7] Stock Buyback Account Cancellation - The company announced the cancellation of 32 shares in its stock buyback account due to the expiration of the holding period [9][10] - Creditors have a 45-day period from May 31, 2025, to claim debts or request guarantees related to this cancellation [10][11] Board Committee Adjustments - Following the annual general meeting, the company adjusted its board committee members, including the audit, nomination, compensation, and strategic committees [12][13] - Four new directors were elected, including two independent directors [12][13]

Group 1 - The company plans to cancel 32 shares of treasury stock in its special securities account due to the expiration of the retention period on April 6, 2026 [1] - The cancellation will result in a reduction of the company's total share capital and registered capital, and creditors have 45 days from the announcement date (May 31, 2025) to request debt repayment or guarantees [1][2] - Creditors must provide valid documentation to support their claims, including contracts and agreements, and follow specific procedures for submitting their claims [2] Group 2 - The company assures that the announcement contains no false records, misleading statements, or significant omissions, and takes legal responsibility for the accuracy and completeness of the content [1] - The cancellation of treasury stock will be carried out in accordance with relevant laws and regulations, including the Company Law of the People's Republic of China [1] - The company emphasizes that failure to exercise creditor rights within the specified period will not affect the validity of the claims, and obligations will continue to be fulfilled as per the original agreements [1]

Core Viewpoint - Shanghai Port Construction (Group) Co., Ltd. held its 2024 annual shareholders' meeting on May 30, 2025, where four directors were elected, including two independent directors and two non-independent directors [1] Group 1: Board of Directors - The newly elected independent directors are Mr. Zhu Pengcheng and Mr. Jiang Mingjing, while the non-independent directors are Mr. Liu Yu and Mr. Marcello Wisal Djunaidy [1] - Following the board changes, the company convened the 13th temporary meeting of the third board of directors to adjust the members of its specialized committees [1] Group 2: Specialized Committees - The adjusted members of the specialized committees are as follows: - Chairman: Mr. Li Renqing (Independent Director), Members: Mr. Zhu Pengcheng (Independent Director), Mr. Xu Shilong [1] - Chairman: Mr. Zhu Pengcheng (Independent Director), Members: Mr. Li Renqing (Independent Director), Mr. Liu Jian [1] - Chairman: Mr. Zhu Pengcheng (Independent Director), Members: Mr. Li Renqing (Independent Director), Mr. Lan Ruixue [1] - Chairman: Mr. Xu Shilong, Members: Mr. Lan Ruixue, Mr. Zhu Pengcheng (Independent Director) [1] Group 3: Director Profiles - Mr. Zhu Pengcheng has held various significant positions, including Regional Manager at Procter & Gamble and CEO of U Zhuanggui, and is currently the founder of Baidu Technology (Shanghai) Co., Ltd. [2] - Mr. Jiang Mingjing has an extensive academic background and is currently a professor at Suzhou University of Science and Technology [2][3] - Mr. Liu Yu holds 117,300 shares directly and has a 12.46% stake in a partnership that owns 6,781,900 shares of the company [3] - Mr. Marcello Wisal Djunaidy is an Indonesian geotechnical expert and currently serves as the general manager of the company's Indonesian subsidiary [4]

Core Viewpoint - The legal opinion issued by Beijing Zhonglun Law Firm confirms that the 2024 annual general meeting of Shanghai Port Construction (Group) Co., Ltd. was convened and conducted in compliance with relevant laws and regulations, ensuring the legitimacy of the meeting and its resolutions [1][8]. Group 1: Meeting Procedures - The board of directors announced the notice for the annual general meeting on April 30, 2025, specifying the date, time, location, participants, and agenda [2]. - The meeting was held as scheduled on May 30, 2025, at the designated location, confirming the consistency of the actual meeting details with the notice [2]. - The voting for the meeting was conducted through a combination of on-site and online voting, with specific time slots allocated for online voting [2][4]. Group 2: Attendance and Voting - A total of 122 shareholders and representatives attended the meeting, representing 187,109,980 shares, which accounts for 76.1349% of the total shares with voting rights as of the record date [2][3]. - The qualifications of the attending shareholders were verified, and it was confirmed that they met the legal requirements [3][8]. - The voting process was conducted according to legal and regulatory standards, with no objections raised regarding the voting results [4][8]. Group 3: Resolutions - The meeting included special resolutions that required approval from more than two-thirds of the voting shares present [5]. - Separate counting of votes for minority investors was conducted for specific resolutions [6]. - The legal opinion concluded that all resolutions passed during the meeting were valid and in accordance with the law and company regulations [8].

Meeting Details - The shareholders' meeting was held on May 30, 2025, at the specified location in Shanghai [1] - The meeting was convened by the board of directors and conducted in accordance with relevant laws and regulations [1] Attendance and Voting - The meeting had a high attendance rate, with A-shareholders voting overwhelmingly in favor of the proposals, achieving over 99.99% approval in multiple resolutions [2][3][4] - No resolutions were rejected during the meeting, indicating strong shareholder support [1][2] Resolutions Passed - Multiple non-cumulative voting resolutions were approved, with A-shareholder votes showing a consistent trend of over 99.99% in favor [2][3][4] - Key resolutions included the election of independent and non-independent directors, all of which received substantial support [5][6] Legal Compliance - The procedures for convening and conducting the shareholders' meeting were confirmed to be in compliance with legal and regulatory requirements, ensuring the validity of the resolutions passed [6]