深圳市桑达实业股份有限公司 总裁（经理）工作细则 （2025 年 12 月 30 日公司第十届董事会第二次会议审议通过） 第一章 总 则 第一条 为健全公司法人治理结构，规范公司总裁（经理）办公会运作，提 高议事效率和决策水平，保证公司的生产经营高效有序，根据《中华人民共和国 公司法》及《深圳市桑达实业股份有限公司章程》（以下简称"公司章程"）有 关规定，结合公司实际情况，制定本细则。 第二条 本细则所称高级管理人员，包括总裁（经理）、高级副总裁（高级 副总经理）、总会计师、总法律顾问、董事会秘书和公司章程规定的其他人员。 第三条 本细则规定了总裁（经理）办公会议组织程序、议事规则及决策事 项清单、报告制度等内容。 第二章 总裁（经理）办公会议 第四条 总裁（经理）办公会议是执行董事会决议、研究决定企业重大事项 安排及决策的会议，桑达股份总裁（经理）办公会议决策事项清单详见附件1。 公司章程规定的总裁（经理）职权中，除决策事项清单中需要总裁（经理） 办公会议讨论的事项外，其他公司行政管理工作，总裁（经理）可根据生产经营 情况自行决策。 第五条 会议召集人及主持人 总裁（经理）办公会议由总裁（经理）召集并主持。 ...

证券代码：000032 证券简称：深桑达A 公告编号：2025-083 深圳市桑达实业股份有限公司 第十届董事会第二次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、董事会会议召开情况 深圳市桑达实业股份有限公司（以下简称"公司"）第十届董事会第二次会 议通知于 2025 年 12 月 22 日以电子邮件方式发出，会议于 2025 年 12 月 30 日在 公司会议室召开。会议由董事长刘桂林先生主持，应出席董事 9 名，实际出席董 事 9 名。本次会议的召开符合有关法律法规、规章和公司章程的规定。 二、董事会会议审议情况 会议审议通过了以下事项： 1.关于投资设立巴西子公司的议案 表决结果：9 票同意，0 票反对，0 票弃权 根据《深圳证券交易所股票上市规则》等相关规定，该事项未达到信息披露 标准；根据公司内部规定，则需提交公司董事会审议。现将该事项简要介绍如下： 为加快海外市场拓展，提升公司品牌国际影响力，公司拟投资 273 万雷亚尔 （约合人民币 360 万元）在巴西设立全资子公司（以最终核定名称为准），以承 接与经营当地高科技产业工程等 ...

Investment Rating - The investment rating for the construction and decoration industry is "Positive" (maintained) [2] Core Views - The report emphasizes that the construction sector is expected to experience a "spring surge" as the "14th Five-Year Plan" approaches its start, with significant government support and infrastructure investment anticipated [3][4][10] - The report highlights that the investment pace in the early stages of the "14th Five-Year Plan" is likely to follow historical patterns, with a concentration of project launches and higher investment growth expected [4][10] - The construction sector is advised to focus on three core investment themes for 2026: major national projects, high-dividend state-owned enterprises, and private construction companies leveraging cash flow for new opportunities [5][19] Summary by Sections Policy Developments - The government is actively releasing positive signals regarding the "14th Five-Year Plan," focusing on high-quality development and major infrastructure projects [3][20] - The National Housing and Urban-Rural Development Conference has emphasized stabilizing the real estate market and accelerating the renovation of old urban areas [3][20] Market Performance - The report notes that the construction and decoration index rose by 2.26% during the week, with significant gains in sectors such as decoration and specialized engineering [6] - A total of 101 stocks in the construction sector saw price increases, with notable performers including Hainan Development (+56.46%) and Shanghai Bay (+44.35%) [6] Future Outlook - The report anticipates that the construction sector will see a resurgence in investment activity, particularly in traditional infrastructure such as railways and highways, as well as new infrastructure projects [4][10][14] - The focus on water conservancy and transportation infrastructure is expected to increase, with several provinces already initiating planning for these projects [13][14] - The report suggests that the construction sector will benefit from a shift towards new infrastructure and low-altitude economy projects, which are gaining traction in local planning [14][19]

Investment Rating - The investment rating for the construction and decoration industry is "Positive" (maintained) [2] Core Insights - The report emphasizes the upcoming "spring excitement" in the construction sector as the "14th Five-Year Plan" approaches its start, with a historical pattern of infrastructure investment showing a tendency for higher growth in the early stages of five-year plans [4][10] - The report highlights that the current infrastructure investment is still at a low level, but anticipates an increase in investment pace as the "15th Five-Year Plan" begins, which is expected to support the construction sector's performance in 2026 [4][10] - Key areas of focus for investment include major national projects such as the canal system, Tibet railway, and new energy infrastructure, which are expected to generate long-term order demand [19] Summary by Sections Policy Developments - The report notes that the government is actively releasing positive signals regarding the "15th Five-Year Plan," with a focus on high-quality development and major infrastructure projects [3][20] - The central government has emphasized the importance of stabilizing the real estate market and accelerating the renovation of old urban areas, with significant progress already reported in various provinces [3][21] Market Performance - The report indicates that the construction and decoration index has shown positive performance, with a 2.26% increase, and highlights the top-performing stocks in the sector [6] Future Outlook - The report identifies three core investment themes for the construction sector in 2026: 1. Major national projects that will continue to drive long-term demand [19] 2. High-dividend, low-valuation state-owned construction enterprises that are expected to gain value [19] 3. Private construction companies leveraging cash flow and flexibility to enter new markets such as clean rooms and AI infrastructure [19]

Group 1 - The professional engineering sector increased by 0.87% on December 23, with Libat leading the gains [1] - The Shanghai Composite Index closed at 3919.98, up 0.07%, while the Shenzhen Component Index closed at 13368.99, up 0.27% [1] - Key stocks in the professional engineering sector showed significant gains, with Li Xiangte rising by 10.04% to a closing price of 13.92 [1] Group 2 - The main capital inflow in the professional engineering sector was 31.17 million yuan, while retail investors saw a net inflow of 49.74 million yuan [2] - Major stocks like Baicheng Co. and Shenghui Integrated experienced varying levels of capital inflow and outflow, indicating mixed investor sentiment [3] - The stock Li Xiangte had a significant net inflow from main capital at 1.04 billion yuan, despite a net outflow from retail investors [3]

Core Viewpoint - The announcement indicates that Shen Sanda A (000032.SZ) has transferred a total of 3.0100% of its shares, amounting to 34,252,573 shares, to China Electric Investment Holdings Limited, aiming to deepen strategic cooperation among state-owned enterprises and promote industrial synergy [1] Group 1 - China Electric Investment Holdings Limited transferred 1.9930% and 1.0170% of shares to China Electric Tai Chi and China Electric Science Investment, respectively [1] - The share transfer price was set at 5.71 yuan per share, resulting in a total transaction value of approximately 195.6 million yuan [1] - Following this equity change, the combined shareholding of the information disclosure obligor and its concerted parties decreased from 47.2314% to 44.2214% [1]

证券代码：000032 证券简称：深桑达 A 公告编号：2025-082 深圳市桑达实业股份有限公司 关于控股股东的一致行动人协议转让股份的进展 公告暨权益变动的提示性公告 公司股东中电金投控股有限公司保证向本公司提供的信息内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 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： 1.深圳市桑达实业股份有限公司（以下简称"公司""深桑达"）于近日收 到控股股东的一致行动人中电金投控股有限公司（以下简称"中电金投"）通知， 2025 年 12 月 19 日，中电金投接到中国电子信息产业集团有限公司（以下简称 "中国电子"）转发的国务院国有资产监督管理委员会（以下简称"国务院国资 委"）《国务院国资委关于深圳市桑达实业股份有限公司国有股东非公开协议转 让所持部分股份有关事项的批复》（国资产权〔2025〕539 号）。根据该批复， 国务院国资委同意中电金投将所持深桑达 11,573,046 股股份以非公开协议转让 方式转让给中电科投资控股有限公司（以下简称"电科投资"）持有、所持深桑 达 22,679,527 股股份以非公开协议 ...

深圳市桑达实业股份有限公司 简式权益变动报告书 上市公司：深圳市桑达实业股份有限公司 上市地点：深圳证券交易所 股票简称：深桑达 A 股票代码：000032 信息披露义务人：中电金投控股有限公司 注册地址：天津华苑产业区海泰西路 18 号北 2-204 工业孵化-5-81 通讯地址：北京市海淀区中关村街道世纪科贸大厦 A 座 一致行动人一：中国电子信息产业集团有限公司 注册地址：北京市海淀区中关村东路 66 号甲 1 号楼 19 层 通讯地址：深圳市南山区科苑南路中电长城大厦 A 座 一致行动人二：中国中电国际信息服务有限公司 注册地址：深圳市福田区华强北街道福强社区振华路中电迪富大厦 31 层 通讯地址：深圳市福田区华强北街道福强社区振华路中电迪富大厦 一致行动人三：中国电子进出口有限公司 注册地址：北京市海淀区中关村南大街 17 号 3 号楼 17 层 1706 室 通讯地址：北京市海淀区中关村南大街 17 号 3 号楼 17 层 1706-1 室 一致行动人四：中国瑞达投资发展集团有限公司 注册地址：北京市石景山区鲁谷路 74 号 通讯地址：北京市石景山区鲁谷路 74 号 股份权益变动性质：股份减少（协 ...

Core Insights - The domestic nuclear fusion industry is entering a phase of intensive bidding, with significant increases in tender amounts observed in recent months [1] - In October, the tender amount approached 500 million yuan, while November saw a staggering 3.9 billion yuan in tenders [1] - China Fusion Energy Co., Ltd. has announced a new tender budget of nearly 150 million yuan since the fourth quarter [1] Group 1: Tender Amounts - The tender amounts for the nuclear fusion sector have surged, with October's figure nearing 500 million yuan and November's reaching 3.9 billion yuan [1] - China Fusion Energy Co., Ltd. has a new tender budget of approximately 150 million yuan in the fourth quarter [1] Group 2: Winning Companies - Over ten A-share companies have won or are pre-qualified for significant nuclear fusion contracts, including Qi Fan Cable, Wangzi New Materials, and Western Superconducting [1] - Qi Fan Cable won a contract for the procurement of 35kV power cables worth over 1.15 million yuan [1] - Wangzi New Materials' subsidiary, Ningbo Xinrong Electric Technology Co., Ltd., secured a contract worth 79.8 million yuan [1] - Western Superconducting's subsidiary, Xi'an Juneng Superconducting Wire Technology Co., Ltd., won a contract for superconducting wire worth 55 million yuan [1] Group 3: Detailed Bidder Information - A table lists various companies and their respective winning bids, including: - Wangzi New Materials: 79.8 million yuan through its subsidiary [2] - Antai Technology: 69.9 million yuan [2] - Western Superconducting: 55 million yuan through its subsidiary [2] - Other notable companies include Oriental Precision Engineering, China Construction, and others with bids ranging from 1.2 million to 49.1 million yuan [2]

证券代码：000032 证券简称：深桑达 A 公告编号：2025-081 深圳市桑达实业股份有限公司 关于累计诉讼的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、诉讼仲裁事项 （一）尚未披露的诉讼仲裁事项 自上一期诉讼公告披露日至今，深圳市桑达实业股份有限公司（以下简称"公 司"）及控股子公司发生诉讼仲裁案件共计 115 件，涉案金额总计为人民币 1,067,984,632.74 元，已超过公司最近一期经审计净资产（2024 年年报数据） 的 10%。其中公司及控股子公司作为原告的案件共计 12 件，涉案金额为人民币 444,012,060.62 元 ； 作 为 被 告 的 案 件 共 计 103 件 ， 涉 案 金 额 为 人 民 币 623,972,572.12 元。 | | | 中电桑达电子 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 设备（江苏） | | | | | 南京市 | | | | 江苏科中信 | 有限公司、中 | | 公司盈 ...