Core Viewpoint - Xinchu Co., Ltd. announced that it will hold the sixth extraordinary general meeting of shareholders on September 8, 2025, to review multiple proposals, including a proposal for bank credit application [1] Group 1 - The extraordinary general meeting is scheduled for September 8, 2025 [1] - The agenda includes reviewing a proposal for the company to apply for credit from banks [1]

Meeting Information - The company will hold its 2025 Sixth Extraordinary General Meeting of Shareholders on September 8, 2025, combining on-site and online voting methods [1][2] - The meeting is convened by the company's board of directors and complies with relevant laws and regulations [1][2] - Shareholders registered by the close of trading on September 1, 2025, are eligible to attend and vote [2] Agenda Items - The meeting will review several proposals, including a non-public transfer of shares in Aowei Technology and the election of directors [3][4] - Specific proposals will be subject to cumulative voting, allowing shareholders to allocate their votes among candidates [4][8] Voting Procedures - Shareholders can participate in voting through the Shenzhen Stock Exchange trading system and the internet voting system [5][6] - Detailed voting procedures are provided, including guidelines for both non-cumulative and cumulative voting [6][7] Registration and Attendance - Registration methods for attending the meeting are outlined for both corporate and individual shareholders [4][9] - Shareholders must present relevant identification documents for registration [4]

证券代码：002480 证券简称：新筑股份 公告编号：2025-076 成都市新筑路桥机械股份有限公司 关于召开2025年第六次临时股东大会的 提示性公告 成都市新筑路桥机械股份有限公司（以下简称"公司"）已于 2025 年 8 月 23 日、2025 年 8 月 29 日在巨潮资讯网刊登了《关于召 开 2025 年第六次临时股东大会的通知公告》、《关于 2025 年第六次 临时股东大会增加临时提案暨股东大会补充通知的公告》。本次股东 大会采取现场和网络投票相结合的方式召开，根据相关规定，现发布 关于本次股东大会的提示性公告如下： 一、召开会议的基本情况 （一）股东大会届次：2025 年第六次临时股东大会。 （二）股东大会召集人：公司董事会。 公司第八届董事会第三十一次会议已审议通过《关于提请召开 2025 年第六次临时股东大会的议案》。 （三）会议召开的合法、合规性 本次股东大会会议的召开符合有关法律、行政法规、部门规章、 规范性文件和公司章程的相关规定。 （四）会议召开日期、时间 1、现场会议时间：2025 年 9 月 8 日（星期一）下午 15：00。 本公司及董事会全体成员保证信息披露的内容真实、准确 ...

Core Viewpoint - The company Xin Zhu Co., Ltd. (002480) is currently facing a labor dispute from a former employee, which has led to it being listed as a defendant in a court case with an execution amount of 1,863,891 yuan. However, the company is actively addressing the issue and continuing with its major asset restructuring plans [1]. Group 1: Company Performance - As of September 1, 2025, Xin Zhu Co., Ltd. closed at 6.97 yuan, reflecting an increase of 1.31% [1]. - The trading volume on the same day was 139,400 shares, with a total transaction value of 97.6253 million yuan [1]. Group 2: Investor Communication - The company’s secretary responded to an investor inquiry regarding the court case, clarifying that it is related to a labor dispute from 2015 and that the company has complied with the court's ruling by paying the required personal income tax [1]. - The company has filed an objection to the execution matter with the court and is proceeding with its restructuring plans as scheduled [1]. Group 3: Market Activity - On September 1, 2025, there was a net outflow of 2.1544 million yuan from institutional investors, while retail investors saw a net inflow of 5.7676 million yuan [1]. - The overall market activity indicated a net outflow of 3.6132 million yuan from speculative funds on the same day [1].

Group 1 - The company has appointed two candidates, Zhu Jin and Wang Sicheng, to its board, both of whom have extensive experience in investment and clean energy sectors [1][4] - Zhu Jin is currently the head of the Land and Mineral Resources Department at Shudao Investment Group, while Wang Sicheng serves as the Party Secretary and Chairman of Shudao Clean Energy Group [1][4] - The recent management adjustments at the company reflect a strong commitment to developing its clean energy business [1][2] Group 2 - In May, the company announced plans for a major asset restructuring to acquire a 60% stake in Shudao Clean Energy from its controlling shareholder, Shudao Group, while exiting the magnetic levitation and bridge component business [2] - The company aims to focus on clean energy power generation in the future, as indicated in its recent semi-annual report for 2025 [2]

Group 1 - The core viewpoint of the news is that Shudao Group continues to empower Xinzhuzhi Co., Ltd. (002480) with resources, particularly through the appointment of new non-independent directors from Shudao Group [1][2] - Xinzhuzhi announced the resignation of two non-independent directors, Liu Zhumeng and Zhao Kexing, and the nomination of Zhu Jin and Wang Sicheng as their replacements [1] - Zhu Jin and Wang Sicheng are both from Shudao Group's core enterprises, indicating a trend of management talent being transferred from Shudao Group to the listed company [1][2] Group 2 - Hongda Group, a core subsidiary of Shudao Group, focuses on comprehensive investment and financing in the mining sector, participating in major global mining projects [2] - Shudao Clean Energy serves as the strategic implementation entity for Shudao Group's "transportation + energy" industrial ecosystem, with plans to achieve over 21.32 million kilowatts of installed capacity by the end of the 14th Five-Year Plan [2] - The addition of Zhu Jin and Wang Sicheng is expected to inject Shudao's cultural genes into Xinzhuzhi, aiding in the ongoing asset integration of the listed company [2][3] Group 3 - Shudao Group's acquisition of Xinzhuzhi is aimed at deepening state-owned enterprise reform and optimizing the layout of state-owned assets [3] - The restructuring plan involves Xinzhuzhi issuing shares and paying cash to acquire 60% of Shudao Clean Energy, while divesting from loss-making traditional business segments [3] - This transaction is expected to fundamentally improve Xinzhuzhi's operating conditions by integrating high-quality assets and establishing Shudao Clean Energy as a core subsidiary focused on clean energy generation [3]

Investment Rating - The report assigns an "Accumulate" rating for the company, marking its first coverage [6][9]. Core Views - The company is a listed platform under Shudao Group, focusing on the clean energy generation business through asset restructuring [8][11]. - The acquisition of Shudao Clean Energy Group aims to enhance the company's focus on clean energy generation, transitioning away from traditional businesses [19][37]. - The company is expected to benefit from the resource advantages of Shudao Group, which is actively involved in the development of multiple hydropower projects and renewable energy resources [32][37]. Financial Performance and Forecast - The company’s projected revenue for 2023 is 2,509 million RMB, with a year-on-year growth rate of 52.14%. However, a decline in revenue is expected in subsequent years, with 2024 projected at 2,483 million RMB, a decrease of 1.05% [7]. - The net profit attributable to shareholders is forecasted to be -342 million RMB in 2023, worsening to -409 million RMB in 2024, before improving to -127 million RMB in 2025 [7][9]. - The earnings per share (EPS) is expected to be -0.45 RMB in 2023, improving to -0.16 RMB by 2025 [7]. Business Strategy and Development - The company plans to divest from its traditional businesses in rail transit and bridge components, focusing instead on clean energy generation [19][33]. - Shudao Clean Energy is projected to have an operational and under-construction installed capacity of 10.5 million kW by the end of 2024, with significant contributions from hydropower projects [11][37]. - The company is also exploring new models that integrate transportation and energy, as well as renewable energy and mining [11][32]. Market Position and Competitive Landscape - The company is positioned as one of the five major listed platforms under Shudao Group, which is a significant player in the transportation and energy sectors in Sichuan Province [32][33]. - The average price-to-book (P/B) ratio of comparable companies is approximately 7.5, while the company's current P/B ratio is about 5.6, indicating potential for growth post-restructuring [9][11].

Group 1 - The company Xinchuang Co., Ltd. (002480) announced on the evening of August 28 that it has agreed to nominate Mr. Zhu Jin and Mr. Wang Sicheng as candidates for non-independent directors of the eighth board of directors [1]

证券代码：002480 证券简称：新筑股份 公告编号：2025-075 2025 年 8 月 28 日，公司董事会收到控股股东蜀道投资集团有限 责任公司（以下简称"蜀道集团"）《关于增加 2025 年第六次临时 股东大会临时提案的函》，为提高会议审议效率、减少会议召开成本， 蜀道集团提议公司 2025 年第六次临时股东大会增加《关于公司董事 辞职及补选董事的议案》。 蜀道集团直接持有公司 8.60%股份，通过四川发展轨道交通产业 投资有限公司持有公司 15.90%股份，合计持股比例 24.50%，具备提 出临时提案的主体资格。临时提案的内容属于公司股东大会职权范围， 有明确的议题和具体决议事项，符合《上市公司股东会规则》等相关 法律、法规和《公司章程》的有关规定。因此公司董事会同意将上述 提案作为新增临时提案提交 2025 年第六次临时股东大会审议。 成都市新筑路桥机械股份有限公司 关于 2025 年第六次临时股东大会增加临时 提案暨股东大会补充通知的公告 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。 2025 年 8 月 21 日，成都市新筑路桥机械股份有 ...

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。 成都市新筑路桥机械股份有限公司（以下简称"公司"）于 2025 年 8 月 28 日以通讯表决方式召开了第八届董事会第三十二次会议。 本次会议已于 2025 年 8 月 27 日以电话和邮件形式发出通知。本次会 议由公司董事长肖光辉先生召集和主持，应到董事 7 名，实到董事 7 名。公司董事会秘书列席了本次会议。本次会议的召集、召开符合《公 司法》《公司章程》和《董事会议事规则》等有关规定。本次会议审 议通过了如下议案： 二、董事会会议审议情况 1、审议通过《关于公司董事辞职及补选董事的议案》 1.1 补选朱劲先生为第八届董事会非独立董事 表决结果：同意票 7 票，反对票 0 票，弃权票 0 票。 1.2 补选王思程先生为第八届董事会非独立董事 表决结果：同意票 7 票，反对票 0 票，弃权票 0 票。 证券代码：002480 证券简称：新筑股份 公告编号：2025-073 成都市新筑路桥机械股份有限公司 第八届董事会第三十二次会议决议公告 一、董事会会议召开情况 上述非独立董事候选人尚需提交公司股东大会审议，并 ...