德龙汇能集团股份有限公司 详式权益变动报告书 上市公司名称：德龙汇能集团股份有限公司 股票上市地点：深圳证券交易所 股票简称：德龙汇能 股票代码：000593.SZ 信息披露义务人名称：东阳诺信芯材企业管理合伙企业（有限合伙） 注册地址：浙江省金华市东阳市佐村镇商贸综合体 304 室 通讯地址：浙江省金华东阳市东阳总部中心 B 栋东区 1 楼 101 权益变动性质：增加（协议转让） 签署日期：二〇二五年十一月 1 | 信息披露义务人声明 | | --- | | 楽 人 … | | 第一节 信息披露义务人介绍 . | | 一、信息披露义务人基本情况 ……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… 6 | | 二、信息披露义务人产权控制关系 | | 三、信息披露义务人的主要业务及简要财务情况 | | 四、信息披露义务人违法违规情况 | | 五、信息披露义务人主要人员情况 | | 六、信息披露义务人及其执行事务合伙人、 ...

兴业证券股份有限公司 关于 德龙汇能集团股份有限公司 详式权益变动报告书 之 财务顾问核查意见 上市公司名称：德龙汇能集团股份有限公司 股票上市地点：深圳证券交易所 股票简称：德龙汇能 股票代码：000593.SZ 二〇二五年十一月 1 财务顾问声明 本声明所述的词语或简称与本核查意见"释义"部分所定义的词语或简称 具有相同的含义。 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》等相关法律法规和规范性文件的规定，兴业证券股份有限 公司按照行业公认的业务标准、道德规范，本着诚实信用、勤勉尽责的原则， 对《详式权益变动报告书》所披露的内容出具核查意见。本财务顾问特作出如 下声明： 一、本财务顾问及信息披露义务人与本次权益变动行为之间不存在任何关 联关系，亦未委托或授权其他任何机构或个人提供未在本核查意见中列载的信 息和对本核查意见做任何解释或者说明。 二、本财务顾问依据的有关资料由信息披露义务人提供。信息披露义务人 已做出承诺 ...

德龙汇能集团股份有限公司 DELONG COMPOSITE ENERGY GROUP CO., LTD 证券代码 ：000593 证券简称：德龙汇能 公告编号：2025-070 德龙汇能集团股份有限公司 关于披露详式权益变动报告书的提示性公告 信息披露义务人诺信芯材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。 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。 特别提示： 本次控制权变更事项尚需取得深圳证券交易所的合规性确认意见，并办理股 份过户登记手续以及其他批准或核准程序，能否最终实施完成及实施结果尚存在 重大不确定性，敬请投资者关注相关公告并注意投资风险。 一、本次权益变动的基本情况 2025 年 10 月 28 日，德龙汇能集团股份有限公司（以下简称"公司"）控股 股东北京顶信瑞通科技发展有限公司（以下简称"顶信瑞通"）与东阳诺信芯材 企业管理合伙企业(有限合伙)（以下简称"诺信芯材"）签订了《股份转让协议》， 拟通过协议转让方式向诺信芯材转让公司股份 106,280,700 股，占公司总股本的 29.64%（占剔除回购股份后总股本的比例为 29.90%）。本次股份转 ...

德龙汇能公告称，控股股东顶信瑞通拟以10亿元向诺信芯材协议转让公司1.06亿股股份，占总股本 29.64%，转让价9.41元/股。若交易完成，公司控股股东将变为诺信芯材，实控人变为孙维佳。交易 前，顶信瑞通持股32%；交易后，其持股降至2.36%，诺信芯材持股29.64%。本次权益变动不触及要约 收购，尚需深交所合规确认等程序，存在不确定性。 ...

Market Overview - The gas sector experienced a decline of 0.35% on November 7, with ST Jinhong leading the losses [1] - The Shanghai Composite Index closed at 3997.56, down 0.25%, while the Shenzhen Component Index closed at 13404.06, down 0.36% [1] Individual Stock Performance - Notable gainers in the gas sector included: - Chongqing Gas (600917) with a closing price of 6.25, up 4.17% and a trading volume of 385,400 shares [1] - Delong Huineng (000593) closed at 10.12, up 3.27% with a trading volume of 460,300 shares [1] - Xinjiang Torch (603080) closed at 24.55, up 1.32% with a trading volume of 73,400 shares [1] - Major decliners included: - ST Jinwan (000669) closed at 3.27, down 4.39% with a trading volume of 178,000 shares [2] - Fuan Energy (002911) closed at 13.00, down 4.13% with a trading volume of 269,700 shares [2] - Shandong Public Utilities (600635) closed at 6.60, down 2.22% with a trading volume of 1,488,300 shares [2] Capital Flow Analysis - The gas sector saw a net outflow of 232 million yuan from main funds, while retail investors contributed a net inflow of 219 million yuan [2] - The main funds' net inflow for specific stocks included: - Delong Huineng with a net inflow of 41.17 million yuan [3] - Chongqing Gas with a net inflow of 22.81 million yuan [3] - Conversely, significant outflows were observed in: - Chongqing Gas with a net outflow of 31.43 million yuan from retail investors [3] - Delong Huineng with a net outflow of 45.60 million yuan from retail investors [3]

Core Viewpoint - Delong Huineng's stock price increased by 5.51% to 10.34 CNY per share, with a trading volume of 377 million CNY and a turnover rate of 10.53%, resulting in a total market capitalization of 3.708 billion CNY [1] Company Overview - Delong Huineng Group Co., Ltd. is located at 55 Jianshe Road, Chengdu, Sichuan Province, established on January 1, 1994, and listed on March 12, 1996 [1] - The company primarily engages in clean energy supply, focusing on natural gas energy, with three main sub-businesses: urban gas business, LNG business, and distributed energy business [1] - The revenue composition of the main business includes: gas supply and related income 94.70%, other (supplementary) 2.47%, energy-saving service income 1.66%, and other main business income 1.17% [1] Fund Holdings - According to data, one fund under Furong Fund holds a significant position in Delong Huineng [2] - Furong Fuyou Mixed A (012876) held 133,600 shares in the third quarter, accounting for 0.63% of the fund's net value, ranking as the fourth largest holding [2] - The estimated floating profit for today is approximately 72,100 CNY [2] Fund Performance - Furong Fuyou Mixed A (012876) was established on December 27, 2021, with a latest scale of 2.6047 million CNY [2] - Year-to-date return is 52.95%, ranking 946 out of 8148 in its category; the one-year return is 51.03%, ranking 728 out of 8053; and since inception, the return is 11.85% [2] Fund Manager Information - The fund manager of Furong Fuyou Mixed A (012876) is Li Xiang, who has been in the position for 5 years and 320 days [3] - The total asset scale under management is 15.4 million CNY, with the best fund return during the tenure being 48.75% and the worst being -48.08% [3]

Core Insights - The gas sector experienced a slight increase of 0.44% on November 5, with Shouhua Gas leading the gains [1] - The Shanghai Composite Index closed at 3969.25, up 0.23%, while the Shenzhen Component Index closed at 13223.56, up 0.37% [1] Gas Sector Performance - Shouhua Gas (300483) closed at 14.85, with a rise of 4.72% and a trading volume of 279,000 shares, amounting to a transaction value of 413 million yuan [1] - ST Jinwan (000669) and Shuifa Gas (603318) also showed significant gains, with increases of 4.35% and 3.55% respectively [1] - The overall trading volume and transaction values for various gas stocks indicate active market participation [1] Fund Flow Analysis - The gas sector saw a net outflow of 169 million yuan from institutional investors, while retail investors contributed a net inflow of 218 million yuan [2] - Notable stocks like Shouhua Gas and Changchun Gas experienced varying levels of net inflow and outflow from different investor categories [3] - The data indicates a mixed sentiment among different investor types, with institutional investors pulling back while retail investors increased their positions [2][3]

Core Viewpoint - Delong Huineng has experienced significant stock performance, achieving four trading halts within six trading days, with a cumulative increase of 29.17% and a turnover rate of 67.60% [2] Trading Performance - As of 10:07, the stock's trading volume reached 35.03 million shares, with a transaction amount of 340 million yuan, resulting in a turnover rate of 9.77% [2] - The latest total market capitalization of A-shares is 3.669 billion yuan, with a circulating market capitalization of 3.667 billion yuan [2] Margin Trading Data - As of November 3, the margin trading balance for the stock is 144 million yuan, with a financing balance of 144 million yuan, which increased by 45.31% (4.501 million yuan) compared to the previous trading day [2] - Over the past six days, the margin trading balance has cumulatively increased by 57.57 million yuan, reflecting a growth of 66.33% [2] Stock Performance Summary - The stock has been listed on the Dragon and Tiger list once due to a cumulative deviation in the increase of 20% over three consecutive trading days [2] - Institutional investors have net sold 38.15 million yuan, while the total net buying from brokerage seats is 102,500 yuan [2] Financial Performance - For the first three quarters, the company reported a total operating income of 1.299 billion yuan, representing a year-on-year growth of 1.56% [2] - The net profit for the same period was 24.78 million yuan, showing a year-on-year decline of 41.47% [2] - The basic earnings per share are 0.0700 yuan, with a weighted average return on net assets of 2.88% [2] Company Background - Delong Huineng Group Co., Ltd. was established on January 1, 1994, with a registered capital of 3.58631 billion yuan [2]

New Stock Issuance - New stock for Beikang Testing (920160) issued at a price of 6.70 on November 3, 2025[1] - New stock for Danna Biology (920009) issued at a price of 17.10 on November 3, 2025[1] Market Alerts - ST Zhongdi (000609) announced significant abnormal fluctuations on October 30, 2025[1] - Jiangbolong (301308) reported severe abnormal fluctuations on October 30, 2025[1] - Xiangnan Chip (300475) disclosed abnormal fluctuations on October 24, 2025[1] - Shangtai Technology (001301) announced abnormal fluctuations on November 3, 2025[1] - Hainan Development (002163) reported abnormal fluctuations on November 3, 2025[1] - Zhongrui Co., Ltd. (002374) disclosed abnormal fluctuations on November 3, 2025[1] - Fujian Jinsen (002679) announced abnormal fluctuations on November 3, 2025[1] - Yongxing Materials (002756) reported abnormal fluctuations on November 3, 2025[1] - Xinhongze (002836) disclosed abnormal fluctuations on November 3, 2025[1] - Guocheng Mining (000688) announced abnormal fluctuations on November 3, 2025[1]

Core Viewpoint - The announcement of a share transfer agreement between DeLong Huaneng and Noxin New Materials indicates a significant change in control, with potential implications for the company's strategic direction and financial health [1][3]. Group 1: Share Transfer Details - DeLong Huaneng's controlling shareholder, Beijing Dingxin Ruitong Technology Development Co., plans to transfer 106 million shares, representing 29.64% of the total share capital, to Noxin New Materials at a price of 9.41 yuan per share, totaling 1 billion yuan [1][3]. - If the transaction is completed, the controlling shareholder will shift from Dingxin Ruitong to Noxin New Materials, with the actual controller changing from Ding Liguan to Sun Weijia [3]. Group 2: Financial Performance and Debt Situation - DeLong Huaneng has shown a trend of fluctuating net profits, with a reported loss of 241 million yuan in 2023, marking the largest annual loss since public financial data became available [5]. - The company's debt repayment capability has deteriorated over the past decade, with liquidity ratios consistently below 1, indicating weak solvency [5][6]. Group 3: Background of the Buyer - Noxin New Materials, established just three months prior to the agreement, has a complex ownership structure with ties to state-owned enterprises, particularly the East Yang Government through Dongwang Holdings [7]. - The firm has not yet commenced any operational activities, raising questions about its readiness and strategic intent in acquiring DeLong Huaneng [7]. Group 4: Market Reaction - Prior to the announcement, DeLong Huaneng's stock price surged, hitting the daily limit on October 24, with a trading volume of 474 million yuan, indicating speculative interest [9]. - Following the announcement, the stock price experienced a significant increase, with a premium of approximately 18.81% compared to the closing price before the announcement [10].