证券代码：000595 证券简称：宝塔实业 公告编号：2025-026 宝塔实业股份有限公司关于 终止发行股份购买资产并募集配套资金 并拟对原重大资产重组方案进行重大调整的 投资者说明会召开情况的公告 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。 宝塔实业股份有限公司（以下简称"公司"）已于 2025 年 4 月 12 日在巨潮资讯网披露了《宝塔实业股份有限公司关于 召开终止发行股份购买资产并募集配套资金并拟对原重大 资产重组方案进行重大调整的投资者说明会的公告》（公告 编号：2025-025）。为加强与投资者的沟通和交流，公司于 2025年4月17日（星期四）15:00-16:00在"价值在线（" www.ir- online.cn）召开投资者说明会，就公司终止发行股份购买资产 并募集配套资金、撤回申请文件并拟对原重大资产重组方案 进行重大调整的相关情况与投资者进行互动交流和沟通。现 将有关情况公告如下： 一、会议召开情况 1.会议召开时间：2025 年 4 月 17 日（星期四）15:00- 16:00 1.请问本次重组方案调整后是否仍构成关联交易？ 答 ...

Group 1 - The number of mergers and acquisitions (M&A) has doubled compared to the same period last year, with significant activity in sectors such as semiconductors, biomedicine, components, software, and information equipment [1][3] - M&A activities are beneficial for promoting industrial upgrades, creating complementary advantages, and facilitating centralized development [1][4] - Companies are leveraging M&A to gain richer resources, including talent, technology, and capital, while transforming traditional business models from scale enterprises to technology-driven firms [4] Group 2 - North Self Technology plans to acquire 100% equity of Suike Intelligent through a combination of share issuance and cash payment, focusing on smart logistics systems and equipment [1] - New Lai Fu has announced a suspension of trading as it prepares to issue shares and pay cash for asset acquisition, with a plan to disclose details by April 28, 2025 [2] - Hailanxin is actively progressing its acquisition of Hainan Hailan Huanyu Ocean Information Technology Co., Ltd., with due diligence and other preparatory work underway [2] Group 3 - Huafeng Chemical aims to acquire 100% equity of Huafeng Synthetic Resin and Huafeng Thermoplastic for a total price of 6 billion yuan, which will help expand its business and achieve sustainable development [3] - The current wave of M&A is characterized by a high proportion of technology-themed transactions, with diverse funding sources including state-owned, private, and foreign capital [4] - Some companies have terminated their M&A plans due to failure to reach consensus on commercial terms, as seen with Meijin Energy [5][6] Group 4 - Baota Industrial has decided to terminate its asset acquisition and make significant adjustments to its original M&A plan due to uncertainties regarding subsidy recovery for a renewable energy project [6] - The termination of M&A plans may disrupt a company's strategic objectives, necessitating a reassessment of market conditions and future risks [7]

宝塔实业股份有限公司从事的主要业务为轴承、船舶电器及汽车前轴的生产与销售。公司产品广泛用于 铁路、石油、冶金、矿山、汽车、化工、建筑、农机、机床、电机、工程机械等行业的主机配套和维 修。企业自主创新水平稳步提高，先后荣获"全国石油技术装备创新标杆单位""自治区科技型中小企 业"等荣誉称号。以职工创新创效平台为抓手，创建并由农林水财工会命名"郭强劳模技能创新工作室", 宁国运集团工会命名"高传宁劳模技能创新工作室"，在农林水财工会职工科技创新成果评选活动中荣获 二等奖一个,三等奖三个，全员尊重创新,勇于创新的氛围愈加浓厚。优化生产工艺18项，全年工艺执行 率达到95%，技术创新管理水平持续提高。 最新一期业绩显示，2024年三季报，公司实现营业收入1.91亿元，同比4.09%；净利润-59424699.18元， 同比-18.74%，销售毛利率2.50%。 4月14日，宝塔实业今日收盘5.61元，上涨6.05%，最新市净率15.04，总市值63.88亿元。 序号股票简称PE(TTM)PE(静)市净率总市值(元)24宝塔实业-37.24-39.4015.0463.88亿行业平均 68.5276.704.2956.7 ...

每经记者 梁枭 每经编辑 马子卿 筹划近9个月后，宝塔实业拟调整重大资产重组方案。 上周五（4月11日）晚间，宝塔实业（SZ000595，股价5.61元，市值63.88亿元）公告称，公司于4月11日召开董事会会议，审议通过相关议 案，决定终止发行股份购买资产并募集配套资金，并拟对原重大资产重组方案进行重大调整，并向深交所申请撤回重大资产重组申请文 件。 根据公告内容，具体调整主要是拟剥离置入资产包中的太阳山风电三四期项目，并不再发行股份及募集配套资金。至于剥离上述资产原 因，则与该项目未来补贴资金回收存在不确定性有关。 《每日经济新闻》记者注意到，根据宝塔实业此前发布的业绩预告，公司预计去年亏损1.4亿元～1.9亿元，公司股票在2024年度报告披露 后可能被"*ST"。而根据关联交易报告书（草案），以2023年度业绩来看，交易完成后宝塔实业将"扭亏为盈"。 剥离置入资产包中的太阳山风电三四期项目对上市公司后续扭亏有多大影响？4月14日上午，记者以投资者身份致电宝塔实业，相关工作 人员表示："对公司未来盈利肯定是有影响的，毕竟把它的一部分资产撤出来了。"他还表示，做出上述调整主要是为了加快重组进程，新 的草案待 ...

Core Viewpoint - Baota Industrial has announced the termination of its plan to issue shares for asset acquisition and the withdrawal of related application documents, intending to make significant adjustments to its original major asset restructuring plan [1][4]. Group 1: Announcement Details - On April 12, Baota Industrial disclosed its decision to terminate the issuance of shares for asset acquisition and the fundraising plan, and to withdraw the application documents for the original major asset restructuring plan [1]. - The company held board and supervisory meetings on April 11, 2025, where the decision to terminate the original plan was approved [1]. Group 2: Original Restructuring Plan - The original major asset restructuring plan involved Baota Industrial exchanging all assets and liabilities, except for cash, certain liquid assets, long-term equity investments, other equity investments, and intangible assets, for 100% equity of Ningxia Electric Power Investment Group's subsidiary, Ningxia Electric Power Investment New Energy Co., Ltd [2]. - The plan included issuing shares to raise funds from no more than 35 specific investors [2]. Group 3: Reasons for Adjustment - The adjustment to the original restructuring plan is primarily due to uncertainties regarding future subsidy payments for the Sun Mountain Wind Farm Phase III and IV projects, which have entered the renewable energy subsidy directory but not the first batch of compliant projects [2][3]. - To better protect the interests of the company and minority shareholders, the Sun Mountain Wind Farm projects will be removed from the assets to be acquired [3]. Group 4: Adjusted Restructuring Plan - Following the adjustments, the company will pay the price difference between the acquired and disposed assets in cash, eliminating the need to issue shares or raise funds [3]. - The adjusted plan is expected to constitute a major asset restructuring as defined by regulations, but it will not lead to changes in the controlling shareholder or actual controller [3]. Group 5: Compliance and Further Steps - The adjusted restructuring plan will require the company to withdraw the original application documents due to significant changes in transaction terms, which are expected to exceed 20% [4]. - Ongoing work related to auditing, evaluation, and legal due diligence will continue, with the involvement of independent financial, legal, and auditing advisors [4][5].

Core Viewpoint - Baota Industrial has made significant adjustments to its major asset restructuring plan after nearly 10 months of preparation, deciding to terminate the issuance of shares for asset purchases and withdraw application documents [2][4]. Group 1: Major Asset Restructuring Plan - The original restructuring plan involved exchanging all assets and liabilities, except for cash, certain liquid assets, long-term equity investments, other equity investments, and intangible assets, for 100% equity of Ningxia Electric Power Investment Group's subsidiary, Ningxia Electric Power Investment New Energy [2][4]. - The adjustment is primarily due to uncertainties regarding future subsidy funds for the Sun Mountain Wind Farm Phase III and IV projects, which have entered the renewable energy subsidy directory but not the first batch of compliant projects [4][6]. - The new plan will exclude the Sun Mountain Wind Farm projects from the assets to be acquired, and the pricing for the assets will be adjusted accordingly, with the company opting for cash payments instead of issuing shares or raising matching funds [4][6]. Group 2: Financial Implications and Risks - The adjusted restructuring plan is expected to constitute a major asset restructuring as defined by regulations, but it will not lead to changes in the controlling shareholder or actual controller, nor will it constitute a reverse listing [6]. - The final pricing and other elements of the asset exchange remain undetermined, and there is significant uncertainty regarding the successful implementation of the adjusted restructuring plan [7]. - Baota Industrial has indicated that the current operational status is stable and that the adjustments will not adversely affect the company's production, operations, or financial condition [9]. Group 3: Stock Performance and Market Concerns - Baota Industrial's stock has experienced a decline of 17.34% since January, with the latest closing price at 5.29 yuan per share as of April 11 [10]. - The company has issued two warnings this year regarding the potential for delisting, with forecasts indicating negative profit figures for 2024, which could trigger delisting risk warnings following the annual report [9].

022 宝塔实业股份有限公司 第十届监事会第十二次会议决议公告 证券代码：000595 证券简称：宝塔实业 公告编号：2025- 具体详见公司同日在巨潮资讯网披露的《宝塔实业股份 2 有限公司关于终止发行股份购买资产并募集配套资金、撤回 申请文件并拟对原重大资产重组方案进行重大调整的公告》。 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。 宝塔实业股份有限公司（以下简称"公司""上市公司""宝 塔实业"）第十届监事会第十二次会议于 2025 年 4 月 9 日以 电子邮件方式发出通知，于 2025 年 4 月 11 日以现场及通讯 方式召开。本次会议应到监事 3 名，实到监事 3 名，其中 1 名监事以通讯方式表决，其余监事以现场方式表决。公司董 事会秘书列席会议。会议由监事会主席张玉礼先生主持。会 议的召开符合《中华人民共和国公司法》（以下简称"《公司 法》"）等法律法规及《宝塔实业股份有限公司章程》（以下 简称"《公司章程》"）的规定。会议表决通过了如下事项： 一、审议通过《关于终止发行股份购买资产并募集配套 资金、撤回申请文件并拟对原重大资产重组方案进行 ...

二、董事会会议审议情况 （一）审议通过《关于终止发行股份购买资产并募集配套 资金、撤回申请文件并拟对原重大资产重组方案进行重大调整 的议案》（详见公司同日在巨潮资讯网发布的公告） 公司拟以重大资产置换及发行股份购买资产的方式购买 1 宁夏电力投资集团有限公司（以下简称"宁夏电投""交易对方"） 持有的宁夏电投新能源有限公司（以下简称"电投新能源"）100% 股权，并拟向不超过 35 名特定对象发行股份募集配套资金事 项（以下简称"本次重组""本次交易"），本次重组方案（以下 简称"原重大资产重组方案"）已经公司第十届董事会第十次会 议、第十届监事会第八次会议以及 2024 年第六次临时股东会 审议通过，并于 2024 年 12 月 14 日获得深圳证券交易所受理。 由于电投新能源太阳山风电场三四期项目暂未进入 2023 年 1 月国家电网和南方电网公布的第一批可再生能源发电补 贴合规项目清单，根据财政部目前的补贴资金拨付原则，太阳 山风电场三四期项目未来补贴资金回收存在一定不确定性。经 初步筹划，为更好保障上市公司及中小股东权益，交易双方拟 将太阳山风电场三四期项目自置入资产剥离并对置入资产交 易作价进行调整 ...

宝塔实业股份有限公司 第十届董事会独立董事专门会议 第十二次会议决议 宝塔实业股份有限公司（以下简称"公司""上市公司""宝 塔实业"）第十届董事会独立董事专门会议第十二次会议于 2025 年 4 月 9 日以电子邮件方式发出通知，于 2025 年 4 月 11 日以现场及通讯方式召开。本次会议应到独立董事 3 名， 实到独立董事 3 名，全体独立董事共同推举叶森先生召集并 主持本次会议。本次独立董事专门会议的召集、召开及表决 程序符合《中华人民共和国公司法》（以下简称"《公司法》"） 和《宝塔实业股份有限公司章程》（以下简称"《公司章程》"） 等有关法律、法规的规定。 本次会议经参加会议独立董事认真审议后形成以下决 议： 一、审议通过《关于终止发行股份购买资产并募集配套 资金、撤回申请文件并拟对原重大资产重组方案进行重大调 整的议案》 公司拟以重大资产置换及发行股份购买资产的方式购 买宁夏电力投资集团有限公司（以下简称"宁夏电投""交易对 方"）持有的宁夏电投新能源有限公司（以下简称"电投新能 源"）100%股权，并拟向不超过 35 名特定对象发行股份募集 1 配套资金事项（以下简称"本次重组""本次交易" ...

智通财经4月11日电，宝塔实业(000595.SZ)公告称，公司决定终止发行股份购买资产并募集配套资金， 撤回申请文件，并拟对原重大资产重组方案进行重大调整。原重组方案涉及将除保留货币资金、其他流 动资产、长期股权投资、其他权益工具投资、无形资产以外的全部资产负债与宁夏电投持有的宁夏电投 新能源有限公司100%股权进行置换。调整后，置入资产及置出资产作价差额将由上市公司以现金方式 支付，不再发行股份及募集配套资金。调整后的方案预计将构成重大资产重组，但不会导致公司控股股 东和实际控制人变更。 宝塔实业：终止发行股份购买资产 拟对原重大资产重组方案进行重大调整 ...