Core Points - The core point of the announcement is the transfer of shares by the National Industry Investment Fund, which will reduce its stake in Hunan Xiangtou Jintian Titanium Industry Co., Ltd. from 20.33% to 15.43% through a block trade of 22,662,500 shares at a price of 15.39 yuan per share [3][5][10]. Group 1: Share Transfer Details - The share transfer price is set at 15.39 yuan per share, with a total of 22,662,500 shares being transferred [3][12]. - The National Industry Investment Fund's shareholding will decrease from 20.33% to 15.43%, marking a change that touches the 5% threshold [5][21]. - The transfer will not result in a change of control for the company [5][12]. Group 2: Transfer Process - The transfer process involved sending subscription invitations to 436 institutional investors, including 80 fund companies and 53 securities firms [11]. - A total of 36 valid bids were received during the subscription period, with 27 investors ultimately allocated shares [12]. - The transfer was conducted in compliance with relevant laws and regulations, ensuring a fair and transparent process [13]. Group 3: Background of the Transferor - The National Industry Investment Fund is not a controlling shareholder or actual controller of the company, and it holds more than 5% of the shares [6]. - There are no concerted action relationships associated with the transferor [7]. Group 4: Purpose of the Transfer - The transfer is primarily driven by the fund's need for liquidity [18]. - The fund does not rule out the possibility of further share adjustments in the next 12 months based on market conditions [19]. Group 5: Compliance and Verification - The transfer process was verified by CITIC Securities, which confirmed adherence to market regulations and fair practices [13]. - The announcement includes a commitment from the transferor to ensure the accuracy and completeness of the disclosed information [28].

Core Viewpoint - The report details the share transfer of Hunan Xiangtou Jintian Titanium Industry Co., Ltd., where the National Industry Investment Fund reduced its stake from 20.33% to 15.43% through a block trade of 22,662,500 shares at a price of 15.39 yuan per share [2][5][18]. Group 1: Share Transfer Details - The share transfer price was set at 15.39 yuan per share, with a total of 22,662,500 shares being transferred [2][5]. - The National Industry Investment Fund's shareholding decreased from 20.33% to 15.43%, marking a change that touches the 5% threshold [2][5]. - The transfer does not result in a change of control for the company, as the controlling shareholder remains unchanged [2][5]. Group 2: Transferor Information - The transferor, National Industry Investment Fund, held 94,028,362 shares before the transfer, representing 20.33% of the total share capital [5][17]. - After the transfer, the number of shares held by the fund decreased to 71,365,862, which is 15.43% of the total share capital [5][17]. - The transferor is not a controlling shareholder, actual controller, director, or senior management of the company [3][5]. Group 3: Transfer Process - The transfer process involved sending subscription invitations to 436 institutional investors, including various types of funds and financial institutions [6]. - A total of 36 valid bids were received during the subscription period, with 27 investors ultimately allocated shares [6]. - The pricing mechanism was based on the average trading price of the stock over the previous 20 trading days, ensuring the transfer price was not below 70% of this average [6]. Group 4: Regulatory Compliance - The transfer process was reviewed by CITIC Securities, which confirmed compliance with relevant laws and regulations, ensuring fairness and transparency [7]. - The transfer adhered to the guidelines set forth by the Company Law, Securities Law, and other regulatory frameworks governing the stock market [7]. Group 5: Future Considerations - The National Industry Investment Fund indicated that it may consider further changes to its shareholding in the next 12 months based on market conditions and its own financial needs [14][16]. - The fund has committed to fulfilling its disclosure obligations in accordance with applicable laws and regulations [16].

本次权益变动后，信息披露义务人不排除在未来12个月内根据市场情况和自身情况实施其在公司拥 有权益变动的可能。 12月17日，金天钛业(688750.SH)发布公告称，2025年12月17日，信息披露义务人国家产业投资基 金通过询价转让方式减持公司股份2266万股，减持后其持有的公司股份数量从9403万股减少至7137万 股，持股比例从20.33%减少至15.43%，变动比例为4.90%。 ...

湖南湘投金天钛业科技股份有限公司 简式权益变动报告书 信息披露义务人：国家 XXXX 产业投资基金有限责任公司 住所/通讯地址：北京市海淀区清河路 135 号 D 座 2 层（东升地区） 股份变动性质：股份减少（询价转让） 签署日期：2025 年 12 月 17 日 1 信息披露义务人声明 上市公司：湖南湘投金天钛业科技股份有限公司 股票上市地：上海证券交易所 股票简称：金天钛业 股票代码：688750 一、本报告书系信息披露义务人依据《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》等相关法律、法规和规范性文件编制。 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》《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》，本报告书已全面披露 了信息披露义务人所拥有的湖南湘投金天钛业科技股份有限公司权益的股份变动情况。 截至本报告书签署日，除本报告书披露的持股信息外，信息披露义务人没有通过 任何其他方式增加或减少其在湖南湘投金天 ...

证券代码：688750 证券简称：金天钛业 公告编号：2025-037 湖南湘投金天钛业科技股份有限公司 股东询价转让结果报告书暨持股 5%以上股东权益变动 触及 5%整倍数的提示性公告 股东国家 XXXX 产业投资基金有限责任公司（以下简称"转让方"或"国家产业 投资基金"）保证向本公司提供的信息内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其真实性、准确性和完整性依法承担法律责任。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 重要内容提示: 本次询价转让的价格为 15.39 元/ 股 ，转让的 股票 数量为 22,662,500股。 国家产业投资基金参与本次询价转让。 本次权益变动为询价转让。本次转让不会导致公司控股股东、 实际控制人发生变化。 本次权益变动后， 国家产业投资基金 持有公司股份比例由 20.33%减少至15.43%，持有公司权益比例变动触及 5%的整倍数。 一、 转让方情况 (一) 转让方基本情况 截至 2025 年 12 月 11 日，转让方所持湖南湘投金天钛业科技股份 1 (三) 本次转让具体情况 | 序号 | 股东姓名 | 持股数量 | 持股比 | 拟 ...

Core Viewpoint - On December 17, 2023, Jintian Titanium Industry (688750.SH) announced a share reduction by the National Industry Investment Fund, decreasing its stake from 20.33% to 15.43% through the transfer of 22.66 million shares [1] Group 1 - The National Industry Investment Fund reduced its holdings from 94.03 million shares to 71.37 million shares [1] - The fund does not rule out the possibility of further changes in its stake within the next 12 months based on market and personal circumstances [1]

Core Viewpoint - The announcement indicates that the National Industry Investment Fund will reduce its stake in Jintian Titanium Industry through a block trade, decreasing its shareholding from 20.33% to 15.43% by transferring 22.6625 million shares [1] Group 1 - The National Industry Investment Fund will reduce its holdings in Jintian Titanium Industry by 22.6625 million shares [1] - The shareholding percentage will decrease from 20.33% to 15.43% following the transaction [1]

Core Viewpoint - The company plans to utilize temporarily idle raised funds for cash management, specifically investing in high-safety, liquid deposit-type products, with a maximum investment amount of RMB 300 million to enhance fund efficiency and returns for the company and its shareholders [2][3][9]. Investment Overview - **Investment Purpose**: The company aims to improve fund utilization efficiency while ensuring that the investment does not affect the construction of projects funded by the raised capital [3]. - **Investment Amount**: The company intends to use up to RMB 300 million of temporarily idle raised funds for cash management within 12 months from the board's approval, allowing for rolling use of funds [3]. - **Source of Funds**: The funds for this cash management initiative come from the company's initial public offering (IPO) of shares, which raised a net amount of RMB 587.32 million after deducting issuance costs [4]. Investment Method - The board has authorized the management to handle the purchase of high-safety, liquid deposit-type products, with the finance department responsible for implementation [6]. Review Procedures - The company has completed necessary review procedures, including meetings of the audit committee and board, to approve the cash management proposal, which does not require shareholder meeting approval [2][10]. Impact on the Company - The planned cash management of temporarily idle raised funds is designed to ensure that it does not interfere with the normal use of raised funds for project construction, while also generating investment returns that could enhance overall company performance [9]. Opinions of Intermediary Institutions - The joint sponsor institutions have confirmed that the cash management initiative has followed the required approval processes and complies with relevant regulations, ensuring that there is no change in the intended use of raised funds [10][11].

金天钛业12月15日大宗交易平台共发生3笔成交，合计成交量269.87万股，成交金额5101.76万元。以折 溢价进行统计，今日3笔大宗交易成交价相对收盘价均为折价交易。从参与大宗交易营业部来看，机构 专用席位共出现在2笔成交的买方或卖方营业部中，合计成交金额为3782.00万元，净买入4.00万元。 进一步统计，近3个月内该股累计发生13笔大宗交易，合计成交金额为2.36亿元。 证券时报·数据宝统计显示，金天钛业今日收盘价为19.08元，上涨1.01%，日换手率为4.82%，成交额为 2.16亿元，全天主力资金净流入558.24万元，近5日该股累计上涨2.09%，近5日资金合计净流入2055.13 万元。 两融数据显示，该股最新融资余额为1.84亿元，近5日增加1653.09万元，增幅为9.90%。 据天眼查APP显示，湖南湘投金天钛业科技股份有限公司成立于2004年04月08日，注册资本46250万人 民币。（数据宝） 12月15日金天钛业大宗交易一览 | 成交量 （万 | 成交金额 （万元） | 成交价 格 | 相对当日收盘 折溢价（%） | 买方营业部 | 卖方营业部 | | --- | --- | ...

Core Viewpoint - The company, Jintian Titanium Industry, announced the approval of a plan to use temporarily idle raised funds for cash management, with a limit of up to 300 million RMB within a 12-month period [2] Group 1: Company Actions - The company will hold the fourth meeting of the second board audit committee on December 12, 2025, and the fifth board meeting on December 15, 2025 [2] - The board approved the proposal to use temporarily idle raised funds for cash management, allowing for rolling use of the funds within the specified limit and timeframe [2] - The amount of temporarily idle funds to be used for cash management is capped at 300 million RMB, which includes the principal amount [2]