奥瑞金科技股份有限公司 关联交易管理制度 第一章 总则 第一条 为规范公司关联交易行为，保证关联交易的公平合理，维护公司 的利益，保护投资者的合法权益，根据《中华人民共和国公司法》、《中华人民 共和国证券法》（以下简称"《证券法》"）、《深圳证券交易所股票上市规则》 （以下简称"《股票上市规则》"）、《深圳证券交易所上市公司自律监管指引 第 1 号——主板上市公司规范运作》、《企业会计准则第 36 号——关联方披露》 等有关法律、法规、规章、规范性文件和《奥瑞金科技股份有限公司章程》（以 下简称"《公司章程》"）的有关规定，结合公司的实际情况，制定本制度。 第二条 关联交易是指公司或者其控股子公司与公司关联人之间发生的转 移资源或义务的事项，不论是否收受价款。 第三条 关联交易的内部控制应当遵循诚实信用、平等、自愿、公平、公 开、公允的原则，不得损害公司和股东的利益。 第二章 关联人和关联关系 第四条 公司关联人包括关联法人（或者其他组织）和关联自然人。 第五条 具有下列情形之一的法人或其他组织，为公司的关联法人（或者 其他组织）： （一）直接或者间接控制公司的法人或其他组织； 第六条 具有下列情形之一的自然 ...

Group 1 - On August 7, Aoyuan conducted a block trade of 6.3126 million shares, with a transaction amount of 34.4668 million yuan, accounting for 29.67% of the total transaction amount for that day [1][2] - The transaction price was 5.46 yuan, which was in line with the market closing price of 5.46 yuan [1][2] - The buyer was China Galaxy Securities Co., Ltd., while the seller was an institutional special account [2]

Core Viewpoint - The report from Huazhong Securities indicates that Aorijin's investment in overseas production lines is expected to improve profitability through capacity expansion [1] Group 1: Investment Details - Aorijin plans to invest approximately RMB 441.6 million in the construction of a two-piece can production line project in Thailand, which includes building construction, equipment relocation, new equipment purchase, and working capital [1] - This overseas investment aligns with the company's international development strategy and aims to expand its two-piece can business in Southeast Asia and Central Asia [1] Group 2: Market Position and Strategy - The project is expected to help Aorijin optimize its product structure and enhance its market share in overseas markets, thereby increasing its international competitiveness and brand influence [1] - As the market share for two-piece cans becomes more concentrated, the company's bargaining power and profitability are anticipated to improve [1] Group 3: Business Performance - Aorijin, as a leading enterprise in the metal packaging industry, has shown significant results in optimizing its three-piece can product categories and expanding its customer base, leading to stable revenue growth [1] - The successful acquisition of COFCO Packaging has significantly increased the market share of the two-piece can business, enhancing bargaining power and providing substantial potential for profitability improvement [1] - The report maintains a "buy" rating for the company [1]

Group 1 - The core viewpoint of the article is that Huazhong Securities has given a "buy" rating to Aorijin (002701.SZ) based on its recent announcement regarding the investment in overseas production lines [2] - The company is actively expanding into international markets, which is expected to enhance its profitability [2] - The metal packaging industry is experiencing accelerated consolidation, and the trend against internal competition is likely to support profit recovery [2]

Group 1 - The company approved a mutual guarantee limit for the next twelve months among its subsidiaries during the board meetings held on April 27, 2025, and May 20, 2025 [1] - A subsidiary, Oreykin International (Asia) Co., Ltd., signed a share pledge agreement with East Asia Bank to secure a RMB 570 million acquisition loan by pledging 65.50% of the shares in BALL UNITED ARAB CAN MANUFACTURING LLC [2][3] - As of July 31, 2025, the total amount of guarantees provided by the company and its subsidiaries reached RMB 1,047,817.12 million, with specific guarantees accounting for significant portions of the net assets [3] Group 2 - The company has a registered capital of RMB 2,559.76 million and was established on May 14, 1997, with its legal representative being Zhou Yunjie [2] - The company's total assets as of December 31, 2024, were RMB 1,467,313.78 million, with net assets of RMB 828,364.31 million and total liabilities of RMB 638,949.47 million [2] - The company achieved an operating income of RMB 156,540.03 million and a net profit of RMB 131,460.73 million for the year 2024 [2]

Trading Information Summary - On August 5, 2025, the stock price of Aoyuan Jin (002701) closed at 5.46 yuan, up by 0.18%, with a turnover rate of 0.95% and a trading volume of 242,700 hands, resulting in a transaction amount of 133 million yuan [1]. - On the same day, the capital flow indicated a net outflow of 8.8978 million yuan from main funds and a net outflow of 3.9507 million yuan from speculative funds, while retail investors showed a net inflow of 12.8485 million yuan [1][3]. Company Announcement Summary - Aoyuan Jin Technology Co., Ltd. announced the progress of guarantees within the scope of its consolidated financial statements. The key points include: - The fifth board of directors approved a proposal allowing mutual guarantees among the company and its subsidiaries for the next twelve months, effective from the approval date of the 2024 annual general meeting [1]. - A wholly-owned subsidiary, Aoyuan Jin International (West Asia) Co., Ltd., signed a SHARE PLEDGE AGREEMENT with East Asia Bank (China) Co., Ltd. Beijing Branch, pledging 65.50% equity of BALL UNITED ARAB CAN MANUFACTURING LLC to secure a 570 million yuan merger loan [1]. - As of July 31, 2025, the total balance of guarantees by the company and its subsidiaries amounted to 10,478.1712 million yuan, with specific guarantees accounting for significant percentages of net assets as of December 31, 2024 [1].

Group 1 - The company has approved a mutual guarantee agreement among its subsidiaries for a period of twelve months, starting from the approval date of the 2024 annual general meeting [1][2] - A wholly-owned subsidiary, Oreykin International (Asia) Co., Ltd., has signed a share pledge agreement with East Asia Bank to secure a RMB 570 million acquisition loan by pledging 65.50% of the shares in BALL UNITED ARAB CAN MANUFACTURING LLC [2][4] - As of July 31, 2025, the total amount of guarantees provided by the company and its subsidiaries is RMB 1,047,817.12 million, with no overdue guarantees reported [4][5] Group 2 - The company, Oreykin Technology Co., Ltd., has a registered capital of RMB 2,559.76 million and was established on May 14, 1997 [3] - As of December 31, 2024, the company's total assets were RMB 1,467,313.78 million, net assets were RMB 828,364.31 million, total liabilities were RMB 638,949.47 million, with a revenue of RMB 156,540.03 million and a net profit of RMB 131,460.73 million for the year [3][4]

证券代码：002701 证券简称：奥瑞金 （奥瑞）2025－临 045 号 近日，公司下属全资子公司奥瑞金国际（西亚）有限公司（下称"西亚奥瑞 金"）与东亚银行（中国）有限公司北京分行（下称"东亚银行"）签署《SHARE PLEDGE AGREEMENT》, 将拟收购的 BALL UNITED ARAB CAN MANUFACTURING LLC 65.50%股权质押给东亚银行，为公司向东亚银行申请的人民币 5.7 亿元并购贷款额 度提供担保。 二、被担保人基本情况 公司名称：奥瑞金科技股份有限公司 注册资本：255,976.0469 万元人民币 成立日期：1997 年 05 月 14 日 奥瑞金科技股份有限公司 关于公司合并报表范围内担保的进展公告 奥瑞金科技股份有限公司（"奥瑞金"或"本公司"、"公司"）及董事会全 体成员保证信息披露的真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 公司于 2025 年 4 月 27 日召开的第五届董事会 2025 年第二次会议及 2025 年 5 月 20 日召开的 2024 年年度股东大会，审议通过了《关于公司合并报表范围内担保 额度的议案》，同意公司与下属 ...

Group 1 - The report highlights that the U.S. non-farm employment data for July was below expectations, with only 73,000 new jobs added compared to the anticipated 110,000, indicating a cooling labor market [2][26] - In China, the Politburo meeting emphasized the need for proactive fiscal policies and moderate monetary policies, with a focus on achieving the goals set for the 14th Five-Year Plan [2][24] - The manufacturing PMI in China showed a decline, remaining in the contraction zone, while the non-manufacturing PMI also fell, reflecting a slowdown in production activities [2][24] Group 2 - The report indicates that the A-share market's price-to-earnings (PE) ratio is currently at 20.4, with most broad indices above the 50% historical percentile, suggesting a relatively high valuation [3][34] - The report notes an increase in trading activity, with turnover rates and transaction volumes rising, indicating a continuation of market enthusiasm [3][34] - Investor behavior shows a rebound in share buybacks, while the scale of capital reduction by industrial capital has widened, suggesting mixed signals in market sentiment [3][34] Group 3 - The report discusses the basic metals sector, highlighting the supply-demand imbalance and the cyclical nature of recession and recovery, which are closely tied to manufacturing demand [10] - In the precious metals sector, central bank gold purchases are expected to drive demand, with geopolitical tensions contributing to a potential rise in gold prices [10] - The report emphasizes the need to reassess the rare earth industry, anticipating a new growth cycle driven by demand rather than supply-side fluctuations [10] Group 4 - The agricultural sector report indicates that pig prices are at a low point, with the average price of live pigs at 14.35 yuan/kg, down 3.1% from the previous week, and the price of piglets hitting a yearly low [11] - The report suggests focusing on undervalued stocks in the pig farming sector, particularly leading companies like Muyuan Foods and Wens Foodstuffs, which are expected to benefit from potential recovery in prices [11] Group 5 - The report on the construction and decoration industry notes a 2.5% decline in the CS construction sector, underperforming the broader market, but highlights opportunities in specialized engineering investments driven by green transformation policies [17] - It suggests that the "anti-involution" policy will improve corporate profitability and increase spending on upgrades, benefiting specialized engineering companies [17] Group 6 - The real estate sector report indicates that the sales growth of the top 100 real estate companies remains weak, with expectations of continued decline in August, but anticipates a potential recovery in the fourth quarter due to supportive policies [19] - The report recommends focusing on non-state-owned enterprises that may benefit from debt relief and demand improvement, as well as leading firms with product advantages [19]

Core Viewpoint - Aorikin is expanding its international presence by establishing subsidiaries in Thailand and Kazakhstan, with a total investment of approximately 1.088 billion yuan to enhance its two-piece can production capacity and tap into new markets [2][3][4]. Group 1: International Expansion - Aorikin plans to invest about 442 million yuan in a new two-piece can production line in Thailand, with an expected annual capacity of 700 million cans and a construction period of 12 months [3][4]. - In Kazakhstan, Aorikin will invest approximately 647 million yuan to set up another two-piece can production line, targeting an annual capacity of 900 million cans, with a construction period of 18 months [4]. - The new production lines will primarily serve local customers in the beer, energy drink, and carbonated beverage sectors, while also expanding the customer base and market reach [4]. Group 2: Financial Performance and Market Position - Aorikin's acquisition of COFCO Packaging for over 5.5 billion yuan in April 2025 solidified its position as the leading player in the domestic metal packaging industry, with a market share of 37% in the two-piece can segment [6][8]. - The company reported a significant increase in net profit for the first half of 2025, projected to be between 850 million and 960 million yuan, representing a year-on-year growth of 55% to 75% [10]. - Despite the growth, Aorikin faces financial pressure, with a debt-to-asset ratio of 65.09% as of the first quarter of 2025, and a significant amount of interest-bearing debt [11][12]. Group 3: Market Dynamics - The domestic market for metal packaging is becoming increasingly competitive, prompting Aorikin to seek growth opportunities abroad [2][5]. - In 2024, Aorikin's domestic revenue was 12.489 billion yuan, accounting for 91.34% of total revenue, while international revenue was only 1.184 billion yuan, indicating a need for diversification [5]. - The demand for two-piece cans is expected to rise due to the accelerating penetration of canned beer, which is driving market growth [7].