Market Overview - The net outflow of main funds in the power equipment sector was 30.79 million yuan, while retail investors saw a net inflow of 92.98 million yuan [2][3] - The overall performance of the power equipment sector showed a decline of 0.18% on the previous trading day, with the Shanghai Composite Index closing at 3860.5, down 0.26% [1] Stock Performance - *ST Huicheng led the decline in the power equipment sector, with a closing price of 4.22 yuan, down 4.95% [2] - Zhongchao Holdings saw a significant increase of 10.02%, closing at 5.16 yuan, with a trading volume of 2.39 million shares [1] - Other notable gainers included Longkai Co., which rose by 10.00% to 22.66 yuan, and Weiteng Electric, which increased by 7.80% to 48.11 yuan [1] Trading Volume and Value - The trading volume for Zhongchao Holdings was 2.39 million shares, with a transaction value of approximately 1.197 billion yuan [1] - The total transaction value for the power equipment sector was highlighted, with significant contributions from stocks like Jinlongyu, which had a transaction value of 860 million yuan despite a decline of 3.42% [2] Fund Flow Analysis - The main funds showed a net inflow in stocks like Wanma Co. and TBEA, while experiencing outflows in stocks like Longkai Co. and Jindian Technology [3] - The net inflow of retail investors was particularly notable in Zhongchao Holdings, indicating strong retail interest despite the overall sector decline [3]

关于召开预重整第一次债权人会议的通知 证券代码：002168 证券简称：*ST惠程 公告编号：2025－078 本公司及董事会全体成员保证公告内容的真实、准确、完整，不存在虚假记 载、误导性陈述或重大遗漏。 一、基本情况概述 2025年8月4日，重庆惠程信息科技股份有限公司（以下简称"公司"）在巨潮 资讯网（www.cninfo.com.cn）披露了《关于公司被债权人申请预重整的提示性公 告》（公告编号：2025-060），公司债权人重庆绿发资产经营管理有限公司以公司 不能清偿到期债务且明显缺乏清偿能力，但具备重整价值为由，向重庆市第五中 级人民法院（以下简称"重庆五中院"）提交对公司进行预重整的申请，不包含公 司子公司。 2025 年 8 月 9 日，公司在巨潮资讯网披露了《关于公司预重整债权申报的 公告》（公告编号：2025-062），为顺利推进公司预重整相关工作，公司债权人应 于 2025 年 9 月 9 日 24 时前，向公司及辅助机构申报债权，书面说明债权数额、 债权性质、有无财产担保及是否属于连带债权，并提供相关证据材料。 截至本公告披露日，公司预重整债权申报期限已届满，公司将根据《中华人 民共和 ...

Core Viewpoint - *ST Huicheng (SZ002168) has hit the limit down with a price of 4.47 yuan, reflecting a decline of 3.4% and a total market capitalization of 3.56 billion yuan, indicating significant financial distress and potential delisting risks [1][2]. Group 1: Company Financial Health - The company reported a negative net asset value for 2024, and if no improvement occurs in 2025, it may face delisting [2]. - In the first half of 2025, the company incurred a loss of 31.67 million yuan, although the loss margin has narrowed, it has not achieved profitability [2]. - The company's external guarantee ratio stands at 218.52%, significantly exceeding its net asset scale, indicating high financial leverage and risk [2]. - The company is involved in multiple securities false statement liability disputes, with expected liabilities reaching 11.03 million yuan, and a goodwill balance of 1.261 billion yuan poses potential impairment risks [2]. Group 2: Market Environment and Investor Sentiment - The company's ESG rating for the third quarter of 2025 is B, which has declined from the previous period, suggesting issues in environmental, social, and governance performance that may affect investor confidence [2]. - Investors are increasingly focused on ESG performance, which negatively impacts the company's stock price [2]. - Despite the introduction of a "limit up" concept on September 2, 2025, it lacks substantial performance support, raising doubts about its sustainability [2]. - On September 1, 2025, institutional investors showed a net sell-off of 133 million yuan, indicating a lack of confidence in the company's future stock price [2].

Core Viewpoint - *ST Huicheng has signed a restructuring investment agreement with Zhi'en Biotechnology, which is a national high-tech enterprise engaged in pharmaceutical research, production, sales, and health services [1] Group 1: Company Overview - Zhi'en Biotechnology has established a drug lifecycle management service system centered on MAH, providing comprehensive services including research, manufacturing, sales, and post-market studies [1] - The company has received several national qualifications, including National Enterprise Technology Center and National Specialized and Innovative "Little Giant" Enterprise [1] Group 2: Restructuring Process - The signing of the restructuring investment agreement is a necessary step for the company's pre-restructuring and restructuring procedures, facilitating the smooth progress of these processes [1] - The company and supporting institutions will draft a restructuring plan based on the agreement, considering actual conditions and communications with investors, creditors, and contributors [1] - The implementation of the restructuring agreement will ultimately depend on the court's approval of the restructuring plan after the company enters the restructuring process [1]

证券代码：002168 证券简称：*ST惠程 公告编号：2025－077 关于公司与重整投资人签署 《重整投资协议》的公告 本公司及董事会全体成员保证公告内容的真实、准确、完整，不存在虚假记 载、误导性陈述或重大遗漏。 一、基本情况概述 2025年8月4日，重庆惠程信息科技股份有限公司（以下简称"公司"、"惠程 科技"）在巨潮资讯网（www.cninfo.com.cn）披露了《关于公司被债权人申请预 重整的提示性公告》（公告编号：2025-060），公司债权人重庆绿发资产经营管理 有限公司以公司不能清偿到期债务且明显缺乏清偿能力，但具备重整价值为由， 向重庆市第五中级人民法院（以下简称"重庆五中院"）提交对公司进行预重整的 申请，不包含公司子公司。 根据《重庆市第五中级人民法院预重整与破产重整衔接工作规范（试行）》， 重庆五中院已经完成对公司预重整的备案登记。经公司主要债权人同意，公司已 聘任北京市天元律师事务所和天健会计师事务所（特殊普通合伙）重庆分所联合 担任公司预重整辅助机构（以下简称"辅助机构"）。 2025年8月9日，公司在巨潮资讯网披露了《关于公开招募重整投资人的公告》 （公告编号：2025-06 ...

证券代码：002168 证券简称：*ST惠程 公告编号：2025－076 关于撤销其他风险警示暨继续 被实施退市风险警示的公告 本公司及董事会全体成员保证公告内容的真实、准确、完整，不存在虚假记 载、误导性陈述或重大遗漏。 特别提示： 1.重庆惠程信息科技股份有限公司（以下简称"公司"）本次撤销公司股票 其他风险警示已获得深圳证券交易所核准，公司股票自2025年9月9日起撤销其他 风险警示。 2.鉴于公司2024年度经审计的期末归母净资产为负数、扣除非经常性损益后 的净利润为负数且扣除后的营业收入低于3亿元，公司股票自2025年4月30日起被 实施退市风险警示。本次深圳证券交易所核准公司撤销其他风险警示后，公司股 票仍继续被实施退市风险警示，公司股票简称仍为"*ST惠程"，公司股票交易 的日涨跌幅限制仍为5%。 3.本次公司撤销其他风险警示事项不涉及股票停牌，公司股票正常交易。 一、股票种类、简称、证券代码以及撤销其他风险警示的起始日 1.股票种类：人民币普通股A股 2.股票简称：不变，仍为"*ST惠程" 3.证券代码：002168 4.撤销其他风险警示的起始日：2025年9月9日 5.股票交易停复牌情况：不 ...

New Stock Offerings - Fushun Special Steel (600399) is undergoing a tender offer period from August 12, 2025, to September 10, 2025[1] - *ST Tianmao (000627) has a cash option declaration period from September 15, 2025, to September 19, 2025[1] - Tianpu Co., Ltd. (605255) has announced its latest updates on September 4, 2025[1] Market Alerts - Kaipu Cloud (688228) has reported severe abnormal fluctuations as of August 30, 2025[1] - Siquan New Materials (301489) and Xinhua Jin (600735) also reported significant market movements on August 22 and August 30, 2025, respectively[1] - Multiple companies including *ST Baoying (002047) and Wantong Development (600246) have updates as of September 4, 2025[1] Trading Notifications - A total of 30 companies have issued trading notifications with specific dates for announcements and updates, indicating active market participation[1] - The report includes links to detailed announcements for each company, ensuring transparency and accessibility of information[1]

New Stock Offerings - Fushun Special Steel (600399) has a tender offer period from August 12, 2025, to September 10, 2025[1] - ST Tianmao (000627) has a cash option declaration period from September 15, 2025, to September 19, 2025[1] - Tianpu Co., Ltd. (605255) announced significant trading activity on September 3, 2025[1] Market Volatility - Kaipu Cloud (688228) reported severe abnormal fluctuations on August 30, 2025[1] - Xinhua Jin (600735) experienced significant trading activity on August 30, 2025[1] - ST Chuntian (600381) had notable trading activity on September 3, 2025[1] Other Notable Announcements - ST Er Ya (600107) reported trading activity on September 3, 2025[1] - Shanghai Electric Power (600021) had significant trading activity on September 3, 2025[1] - ST Gao Hong (000851) reported trading activity on September 3, 2025[1]

证券代码：002168 证券简称：*ST惠程 公告编号：2025－075 关于2025年度全资子公司向融资机构申请综合授信 额度暨接受公司及关联方担保的进展公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记 载、误导性陈述或者重大遗漏。 一、基本情况概述 （一）申请综合授信额度暨公司对外提供担保额度预计事项 重庆惠程信息科技股份有限公司（以下简称"公司"）分别于2025年2月11 日、2月27日召开第八届董事会第九次会议、2025年第二次临时股东会，审议通 过《关于2025年度公司及控股子公司向融资机构申请综合授信额度暨公司对外提 供担保额度预计的议案》。经董事会、股东会审议批准，2025年度公司及控股子 公司拟向融资机构申请总额度不超过3亿元的综合授信。本次授信额度预计的期 限自公司股东会审议通过之日起至2025年12月31日，授信期限内上述额度可循环 使用，公司及控股子公司将根据实际经营需要在授信额度内向融资机构申请融资。 同时，为支持全资子公司重庆惠程未来智能电气有限公司（以下简称"重庆 惠程未来"）的业务发展，保障其授信事项的顺利实施，2025年度公司拟为重庆 惠程未来的上述融资 ...

New Stock Issuance - Fushun Special Steel (600399) has a tender offer period from August 12, 2025, to September 10, 2025[1] - KaiPu Cloud (688228) reported severe abnormal fluctuations on August 30, 2025[1] - Xinhua Jin (600735) announced on August 30, 2025, regarding its stock activities[1] Trading Alerts - JiShi Media (601929) issued a notice on August 30, 2025, regarding trading activities[1] - XianDao Intelligent (300450) and DeChuang Environmental (603177) both reported updates on September 2, 2025[1] - Huahai Pharmaceutical (600521) and *ST HuiCheng (002168) also provided trading updates on September 2, 2025[1] Abnormal Fluctuations - Several companies, including Changjiang Materials (001296) and WanBangDe (002082), reported abnormal fluctuations on August 28, 2025[3] - Longjing Technology (301396) and Jinli Yongci (300748) also noted significant trading irregularities on August 27, 2025[3] - The report includes multiple links to announcements regarding trading activities and fluctuations for various companies[3]