Core Viewpoint - The report details the acquisition of 79,879,575 shares of Xinjiang Alloy Investment Co., Ltd. by Jiuzhou Hengchang Logistics Co., Ltd., which represents 20.74% of the total share capital, making Jiuzhou Hengchang the controlling shareholder of the company [1][2]. Group 1: Acquisition Details - Jiuzhou Hengchang signed a share transfer agreement with Guanghui Energy on June 30, 2025, to acquire the aforementioned shares [1]. - The acquisition triggers the obligation for information disclosure as per the regulations of the Securities Law and the Management Measures for the Acquisition of Listed Companies [2][4]. - The share transfer is subject to compliance confirmation from the Shenzhen Stock Exchange and the completion of share transfer registration [2]. Group 2: Information Disclosure Obligations - Jiuzhou Hengchang confirms that the report contains all necessary disclosures regarding its shareholding in Xinjiang Alloy Investment, and no other shareholding information exists outside this report [2]. - The report has been authorized and approved, ensuring compliance with internal rules and regulations [2]. - Jiuzhou Hengchang commits that the report does not contain any false records, misleading statements, or significant omissions, and assumes legal responsibility for its accuracy and completeness [2]. Group 3: Company Background - Jiuzhou Hengchang Logistics Co., Ltd. was established on December 26, 2013, with a registered capital of 79.66 million yuan [4][5]. - The company operates in various logistics and transportation sectors, including international and domestic freight transport [4][5]. - The controlling shareholder of Jiuzhou Hengchang is Jiuzhou Holdings, which holds 45.11% of its shares [5].

新疆合金投资股份有限公司 简式权益变动报告书 信息披露义务人： 广汇能源股份有限公司 住所： 新疆乌鲁木齐市经济技术开发区上海路 16 号 签署日期：二〇二五年七月 1 上市公司名称： 新疆合金投资股份有限公司 股票上市地点： 深圳证券交易所 股票简称： 合金投资 股票代码： 000633 通讯地址： 新疆乌鲁木齐市天山区新华北路 165 号中天广场 权益变动性质： 股份减少 | 第一节 | 释义 4 | | --- | --- | | 第二节 | 信息披露义务人介绍 5 | | 第三节 | 权益变动目的及持股计划 7 | | 第四节 | 权益变动方式 9 | | 第五节 | 前六个月内买卖上市公司股份的情况 10 | | 第六节 | 其他重大事项 11 | | 第七节 | 备查文件 12 | | 第八节 | 信息披露义务人声明 13 | | | 附表：简式权益变动报告书 14 | 信息披露义务人声明 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》及其他相关法律、法规和规范性 ...

股权变动性质：股份增加（协议受让） 新疆合金投资股份有限公司 详式权益变动报告书 上市公司名称：新疆合金投资股份有限公司 信息披露义务人：九洲恒昌物流股份有限公司 法定代表人：王云章 通讯地址：乌鲁木齐市新市区河南东路38号天和新城市广场A座20楼 签署日期：二〇二五年七月 1 上市地点：深圳证券交易所 股票简称：合金投资 股票代码：000633 信息披露义务人声明 一、本详式权益变动报告书是依据《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》和《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》及相关法律、法规、规范性文件之规定编写。 二、2025 年 6 月 30 日，信息披露义务人与广汇能源签署《股份转让协议》，协 议受让广汇能源持有的合金投资 79,879,575 股股份，占上市公司总股本的 20.74%，成 为上市公司控股股东。因此，本次权益变动触发信息披露义务。根据《上市公司收购 管理办法》的规定，由九洲恒昌物流股份有限公司作为信息披露义务人履行本次权益 变动的信息披露义 ...

中信建投证券股份有限公司 关于 新疆合金投资股份有限公司 详式权益变动报告书 之 财务顾问核查意见 二〇二五年七月 财务顾问核查意见 重要声明 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》《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》及相关法律、法规的规定，中信建投证券股份有限公司（以下简称"本 财务顾问"或"中信建投证券"）按照证券行业公认的业务标准、道德规范和勤 勉尽责精神，就本次信息披露义务人披露的《新疆合金投资股份有限公司详式权 益变动报告书》进行核查，并出具核查意见。 为使相关各方恰当地理解和使用本核查意见，本财务顾问特别声明如下： 1、本财务顾问已按照规定履行了尽职调查义务，对信息披露义务人披露的 《新疆合金投资股份有限公司详式权益变动报告书》进行了核查，确信内容与格 式符合规定，并保证所发表的专业意见与信息披露义务人披露内容不存在实质性 差异。 2、本财务顾问所依据的有关资料由信息披露义务人提供。信息披露义务人 已做出声明，保证其所提供的所有文件、材料及 ...

Group 1 - Alloy Investment (000633) announced that Guanghui Energy (600256) transferred 79.8796 million shares, representing 20.74% of the total share capital, to Jiuzhou Hengchang Logistics Co., Ltd. through an agreement transfer [1] - Following this equity change, Guanghui Energy no longer holds any shares in Alloy Investment [1] - The equity change is part of Guanghui Energy's strategic development needs, aiming to focus on its core business and enhance its core competitiveness [1] Group 2 - Guanghui Energy has no plans to increase or decrease its holdings in the next 12 months [1] - The transaction has received the necessary authorizations and approvals, and it requires confirmation and transfer procedures from the Shenzhen Stock Exchange and the Shenzhen branch of China Securities Depository and Clearing Corporation [1]

Core Viewpoint - The ownership of Alloy Investment (000633.SZ) is changing hands as Sun Guangxin, the richest man in Xinjiang, decides to withdraw, transferring his 20.74% stake to Jiuzhou Hengchang Logistics, making it the new controlling shareholder [1][6][7]. Ownership Change - On June 30, Alloy Investment announced that its controlling shareholder, Guanghui Energy, signed a share transfer agreement with Jiuzhou Hengchang, resulting in Jiuzhou Hengchang becoming the new controlling shareholder [1][6][7]. - The share transfer price is set at 7.5 CNY per share, representing a premium of over 20% compared to the closing price before the trading halt, with a total transaction value of approximately 599 million CNY [1][7]. Financial Impact - Sun Guangxin incurred a loss of approximately 171 million CNY from this transaction, having initially invested around 770 million CNY for the same stake three years ago [2][10]. - The previous acquisition price was 9.7439 CNY per share, indicating a significant depreciation in value [8][10]. Company Background - Alloy Investment has a history of frequent ownership changes, having undergone six ownership transitions since its listing in 1996, and has not issued cash dividends for 21 years [3][15]. - The company primarily engages in the production and sales of nickel-based alloy materials and has been struggling with poor financial performance, with cumulative net profits of only 152 million CNY since its listing [15]. Future Prospects - The new owner, Wang Yunzhuang, is expected to implement strategies to revitalize the company, which has been in a state of operational stagnation [12][17]. - There is potential for synergy between Alloy Investment's transportation business and Jiuzhou Hengchang's logistics operations, which could enhance operational efficiency [16].

Group 1 - The stock price of Alloy Investment (000633) closed at 6.77 yuan on July 1, 2025, with a rise of 10.08%, reaching the daily limit [1] - The main capital inflow on July 1 was 9.17 million yuan, accounting for 65.52% of the total transaction amount, while retail investors experienced a net outflow of 5.61 million yuan, representing 40.12% of the total [1] - Over the past five days, the stock has shown significant fluctuations in capital flow, with a notable increase in main capital inflow on June 23, amounting to 19.16 million yuan [1] Group 2 - Alloy Investment's Q1 2025 report indicates a main revenue of 86.83 million yuan, a year-on-year increase of 93.77%, and a net profit attributable to shareholders of 1.70 million yuan, up 27.82% year-on-year [2] - The company has a debt ratio of 59.89% and financial expenses of 3.04 million yuan, with a gross profit margin of 12.68% [2] - In comparison to the non-ferrous metal industry, Alloy Investment's total market value is 2.607 billion yuan, significantly lower than the industry average of 22.353 billion yuan [2]

Core Viewpoint - Alloy Investment (合金投资) has resumed trading with a significant stock price increase following the announcement of a potential change in control due to the transfer of shares from its controlling shareholder, Guanghui Energy (广汇能源), to Jiuzhou Hengchang Logistics (九洲恒昌) [1][2]. Group 1: Share Transfer Details - Guanghui Energy plans to transfer 20.74% of its shares in Alloy Investment, amounting to 79,879,575 shares, to Jiuzhou Hengchang through a share transfer agreement [2][3]. - The agreed transfer price is set at RMB 7.5 per share, totaling approximately RMB 599.1 million [3]. - If the transaction is completed, the controlling shareholder will shift from Guanghui Energy to Jiuzhou Hengchang, with the actual controller changing from Sun Guangxin to Wang Yunzhan [3]. Group 2: Financial Implications - The total transfer price represents a discount of RMB 171 million or 22.21% compared to Guanghui Energy's investment cost for the shares [6][7]. - Alloy Investment's financial performance has shown fluctuations, with net profits for the years 2013 to 2025 varying significantly, including a net profit of RMB 0.12 million in 2025 [7]. - The company's revenue for the current reporting period reached approximately RMB 86.83 million, a 93.77% increase compared to the previous year [8]. Group 3: Operational Impact - The company stated that the share transfer does not trigger a mandatory tender offer and is not classified as a related party transaction, ensuring that normal operations will not be adversely affected [5]. - The transaction is subject to compliance confirmation from the Shenzhen Stock Exchange before proceeding with the share transfer registration [6].

金十数据7月1日讯，A股合金投资复牌一字涨停，控股股东将变更为九洲恒昌。 合金投资复牌一字涨停 ...

合金投资（000633）复牌一字涨停，控股股东将变更为九洲恒昌。 ...