焦作万方铝业股份有限公司 发行股份购买资产暨关联交易报告书（草案）与预案差异情况对 比说明 焦作万方铝业股份有限公司（以下简称"公司"）拟发行股份购买杭州锦江集 团有限公司等交易对方合计持有的开曼铝业（三门峡）有限公司（以下简称"三门 峡铝业"）99.4375%股权暨关联交易（以下简称"本次交易"）。 | 重组报告书 （草案）章节 | 重组预案章节 | 重组报告书（草案）与重组预案主要差异说明 | | --- | --- | --- | | 交易的结论性意 | 专门会议审核意 | 2、新增相关中介机构关于本次交易出具的意见 | | 见 | 见 | | | 第十六章 中介机 | | | | 构及有关经办人 | - | 新增章节 | | 员 | | | | 第十七章 备查文 | - | 新增章节 | | 件 | | | | | 第 十 节 全 体 董 | 1、更新上市公司全体董事、高级管理人员声明； | | 第十八章 声明与 | 事、监事和高级管 | 2、新增第一大股东及其一致行动人、实际控制人声明 | | 承诺 | 理人员声明 | 及承诺、有关中介机构声明； | | | | 3、删除上市公司全体监事声明 | | ...

未来三年（2025-2027 年）股东回报规划 二、股东回报规划的制定原则 公司实行连续、积极的利润分配政策，公司的利润分配应当重视对投资者的 合理投资回报并兼顾公司的可持续发展。 证券代码：000612 证券简称：焦作万方 公告编号：2025-069 焦作万方铝业股份有限公司 未来三年（2025-2027 年）股东回报规划 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。 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司监管 指引第3号—上市公司现金分红（2025修订）》等文件的要求和《焦作万方铝业 股份有限公司章程》（以下简称"《公司章程》"）等相关文件的规定，为健全 和完善焦作万方铝业股份有限公司（以下简称"公司"）利润分配政策，建立科 学、持续、稳定的分红决策和监督机制，积极回报股东，引导投资者树立长期投 资和理性投资的理念，公司董事会综合公司所处行业特征、公司发展战略和经营 计划、股东回报、社会资金成本以及外部融资环境等因素，制订了《未来三年 （2025—2027年）股东回报规划》（以下简称"股东回报规划"），具体内容如 下： 一、股东回 ...

焦作万方铝业股份有限公司（以下简称"公司"）拟发行股份购买杭州锦江 集团有限公司等交易对方合计持有的开曼铝业（三门峡）有限公司 99.4375%股 权暨关联交易（以下简称"本次交易"）。 本次交易涉及的标的资产交易价格以公司聘请的资产评估机构出具的资产 评估值为依据，经上市公司与杭州锦江集团有限公司协商一致，确认交易价格为 3,194,926.88 万元。经审慎判断，董事会认为本次交易定价具有公允性、合理性， 不存在损害公司及股东利益的情形。 本次交易发行股份的定价基准日为上市公司第九届董事会第十八次会议决 议公告日，发行股份价格不低于定价基准日前 120 个交易日的公司股票交易均价 的 80%。在定价基准日至发行完成期间，若上市公司发生派息、送股、转增股本、 配股等除权、除息事项的，发行价格将按照相关法律及监管部门的规定进行调整。 经上市公司 2024 年度股东会审议通过，上市公司向全体股东每股派发现金红利 0.13 元（含税），前述现金分红已于 2025 年 5 月 27 日实施完成。因此，本次交 易的发行价格相应调整为 5.39 元/股。 经审慎判断，董事会认为本次交易发行股份价格按照相关法律法规确定， ...

焦作万方铝业股份有限公司董事会 特此说明。 关于本次交易信息公布前 20 个交易日公司股票价格波动情 况的说明 焦作万方铝业股份有限公司（以下简称"公司"）拟发行股份购买杭州锦江 集团有限公司等交易对方合计持有的开曼铝业（三门峡）有限公司 99.4375%股 权暨关联交易（以下简称"本次交易"）。 根据相关法律法规的要求，公司董事会对公司股票价格在本次交易首次公 告日前20个交易日内波动情况进行了自查，结果如下： 公司股票于 2025 年 3 月 3 日开市时起停牌，2025 年 2 月 28 日为本次停牌 前 1 个交易日，本次交易公告停牌前连续 20 个交易日内股票价格波动情况，以 及该期间大盘及行业指数波动情况如下： | 项目 | 停牌前第 21 | 个交易日 | 停牌前 | 1 个交易日 | 涨跌幅 | | --- | --- | --- | --- | --- | --- | | | 年 月 （2025 1 | 日） 23 | 年 （2025 | 月 日） 2 28 | | | 焦作万方（元/股） | | 7.14 | | 7.23 | 1.26% | | 深证综合指数（399106.SZ） | | ...

股票代码：000612 股票简称：焦作万方 上市地点：深圳证券交易所 焦作万方铝业股份有限公司 发行股份购买资产暨关联交易 报告书（草案） | 项 目 | 交易对方 | | --- | --- | | 发行股份购买资产暨关联交易 | 杭州锦江集团有限公司、杭州正才控股集团有限公 | | | 司、浙江恒嘉控股有限公司、杭州延德实业有限公 | | | 司、曼联（杭州）企业管理合伙企业（有限合 | | | 伙）、甘肃东兴铝业有限公司等 名交易对方 19 | 独立财务顾问 签署日期：2025 年 8 月 声 明 本部分所述词语或简称与本报告书"释义"所述词语或简称具有相同含义。 一、上市公司声明 公司及公司全体董事、高级管理人员保证上市公司及时、公平地披露信息，保证 本报告书及其摘要内容的真实、准确、完整，不存在虚假记载、误导性陈述或者重大 遗漏，保证本报告书所引用的相关数据的真实性和合理性，并对所提供信息的真实性、 准确性、完整性负相应的法律责任。 公司第一大股东及其一致行动人、全体董事、高级管理人员承诺：如本次交易所 披露或提供的信息涉嫌虚假记载、误导性陈述或者重大遗漏，被司法机关立案侦查或 者被中国证监会立案调 ...

Group 1 - The company, Jiaozuo Wanfang, reported that as of August 20, 2025, the total number of shareholders is 61,397 [1]

Core Insights - The overall activity level of the A-share merger and acquisition market in China has slightly decreased, characterized by high frequency, diverse participants, and broad sectors [1] - A total of 80 merger and acquisition events were disclosed during the period, with a total transaction amount of 601.88 billion RMB, showing a significant increase in both the number and value of major M&A events compared to the previous period [2] - The real estate management and development, other metals and mining, semiconductor products, electronic equipment, instruments and components, electrical equipment, and automotive parts sectors are particularly active in M&A activities [2][3] - Private enterprises and local state-owned enterprises are actively engaging in horizontal integration and strategic cooperation, indicating diverse motivations for mergers and acquisitions [1][2] - The M&A market is expected to further release integration and value reconstruction potential, supported by regulatory policy optimization, economic recovery, policy encouragement, and capital market reforms [1] M&A Market Overview - The number of major M&A events in the A-share market increased by 60% compared to the previous period, with a total disclosed transaction amount of 601.88 billion RMB, representing a 187.97% increase [2] - Key sectors for M&A activities include real estate management and development, other metals and mining, semiconductor products, electronic equipment, instruments and components, electrical equipment, and automotive parts [2] - The market is entering a new phase characterized by "efficiency improvement + structural optimization," driven by policy and proactive corporate adjustments [2] Listed Companies' M&A Plans - A total of 44 listed companies announced or planned M&A activities, with an average stock price fluctuation of 7.53% over two weeks [2] - 22 companies made significant progress after announcing M&A plans, with an average stock price fluctuation of 3.76% [2] - The number of major restructuring events increased by 60% compared to the previous period, with research enthusiasm rising by 11.54% [2] Companies with Significant Progress - Companies such as Yunnan Cheng Investment and AnYuan Coal Industry have made notable advancements in their M&A plans, with various strategic objectives including asset adjustments and diversification [10][11] - The progress of these companies reflects a broader trend of active restructuring and strategic realignment within the A-share market [10][11] Market Sentiment and Performance - The restructuring index showed a fluctuation of 5.10% over the two-week period, indicating a positive sentiment in the M&A market [12] - The average price-to-earnings (PE) ratios and market values of companies involved in M&A activities vary significantly, reflecting diverse market conditions and investor sentiments [7][8]

Group 1 - The core point of the news is that Jiaozuo Wanfang (000612) has seen a net financing inflow of 213.48 million yuan on August 21, 2025, with a total financing balance of 5.04 billion yuan, indicating a positive investor sentiment towards the stock [1][2][3] - Over the past three trading days, the cumulative net financing inflow has reached 3345.0 million yuan, and in the last 20 trading days, there have been 11 days with net financing inflows [1][2] - The financing balance has shown a consistent increase, with a 0.42% rise on August 21, 2025, compared to the previous day, reflecting a growing interest from investors [3] Group 2 - The financing balance on August 21, 2025, accounted for 4.58% of the circulating market value, indicating a significant level of investor engagement [2] - The total margin trading balance (financing and securities lending) reached 5.05 billion yuan, marking an increase of 212.45 million yuan from the previous day [3] - The data suggests a bullish market sentiment, as the increase in financing balance indicates a preference for buying among investors [4]

Group 1 - The core viewpoint of the news highlights the growth in China's alumina production, with a projected output of 7.75 million tons by June 2025, reflecting a year-on-year increase of 7.8% [1] - In the first half of 2025, China's cumulative alumina production reached 45.151 million tons, marking a cumulative growth of 9.3% [1] - The report referenced is the "2025-2031 China Alumina Industry Development Model Analysis and Future Outlook Report" published by Zhiyan Consulting [1] Group 2 - Listed companies in the alumina sector include China Aluminum (601600), Tianshan Aluminum (002532), Nanshan Aluminum (600219), Yun Aluminum (000807), Shenhuo Co., Ltd. (000933), Zhongfu Industrial (600595), Jiaozuo Wanfang (000612), Hongchuang Holdings (002379), Minfa Aluminum (002578), and Ningbo Fubang (600768) [1]

Group 1 - As of August 18, 2025, the stock price of Jiaozuo Wanfang is reported at 9.09 yuan, an increase of 0.02 yuan from the previous trading day [1] - The trading volume on that day was 356,772 hands, with a transaction amount of 323 million yuan [1] - Jiaozuo Wanfang primarily engages in aluminum smelting and processing, producing products such as electrolytic aluminum liquid, aluminum ingots, and aluminum alloy products [1] Group 2 - On August 18, the company held a staff representative meeting, electing Du Jinglong as the employee director of the tenth board of directors [1] - The same day, the board meeting approved the election of Yu Xuchun as the chairman of the tenth board of directors and announced the reappointment of Li Huixin as the securities affairs representative [1] - Data shows that on August 18, the net inflow of main funds into Jiaozuo Wanfang was 7.8039 million yuan, with a cumulative net inflow of 24.4714 million yuan over the past five days [1]