Core Viewpoint - The company, Pulu Tong (002769), is planning to issue shares and pay cash to acquire assets, specifically targeting Leqee Group Limited, with the aim of gaining control over the company [2] Group 1: Company Announcement - On December 3, Pulu Tong announced its plan to issue shares and cash for asset acquisition, with shares to be issued to Guangzhou Zhidu Investment Holding Group Co., Ltd. or its controlled entities for raising matching funds [2] - The company's stock will be suspended from trading starting December 4, with an expectation to disclose the transaction plan and apply for resumption of trading within 10 trading days [2] - If the company fails to hold a board meeting and disclose the restructuring plan within the specified timeframe, its stock will resume trading at the latest on December 18, 2025, and the related matters will be terminated [2] Group 2: Stock Performance - Notably, the stock has been performing strongly, with a limit-up on December 3 [4] Group 3: Zhidu Group Overview - Zhidu Group is a state-owned enterprise in Huadu District, Guangzhou, with total assets exceeding 20 billion yuan by the end of 2024 [5] - The group focuses on revitalizing existing assets and optimizing new asset layouts to support regional development, aiming to become a comprehensive urban asset operation platform [6] - Zhidu Group's business spans multiple sectors, including financial services, urban construction, new energy, and cultural tourism, with over 20 wholly-owned subsidiaries [6] Group 4: Strategic Cooperation - In March 2024, Pulu Tong's controlling shareholder changed to Green Investment, with the actual controller being the Huadu District State-owned Assets Supervision and Administration Commission [7] - Pulu Tong signed a strategic cooperation agreement with Zhidu Group in September 2023, leveraging Zhidu's resource advantages and credibility [7] - The company expressed confidence in maintaining a stable and healthy development trend, supported by its state-owned shareholder [7]

Group 1 - China's self-developed reusable launch vehicle Zhuque-3 successfully completed its maiden flight, marking a new milestone in the country's commercial space industry, with predictions that the industry could reach a scale of 7-10 trillion yuan by 2030 [2] - The U.S. ADP employment report for November showed a decrease of 32,000 private sector jobs, the largest drop in two and a half years, leading to increased expectations for a Federal Reserve rate cut [2] Group 2 - The Chinese government is promoting new urbanization as a key driver for expanding domestic demand and upgrading industries, emphasizing the need for urban renewal and addressing the urban-rural dual structure [3] - The Chinese Ministry of Commerce reported that the trade-in program for consumer goods has generated over 2.5 trillion yuan in sales, benefiting over 360 million people [3] Group 3 - The A-share market experienced a decline, with the Shanghai Composite Index down 0.51% and the Shenzhen Component down 0.78%, while the coal sector saw gains [5] - The Hong Kong Hang Seng Index fell 1.28%, with significant net buying from southbound funds, particularly in Alibaba [5] Group 4 - New active equity funds have shown signs of building positions, with over 80% of newly established funds experiencing net value fluctuations, while the consensus is to focus on AI applications for future allocations [6] - Morgan Stanley upgraded its rating on the Chinese stock market to "overweight," citing a higher risk of significant gains compared to losses [6] Group 5 - The Chinese government has initiated a parenting subsidy program for families with children under three years old, with over 30 million applications submitted and approved [4] - Cambodia will implement a visa-free policy for Chinese citizens from June to October 2026, allowing for multiple entries [4] Group 6 - The cultural and tourism sector in China is set to integrate with the civil aviation industry through a new action plan aimed at enhancing domestic travel accessibility and developing low-altitude tourism [9] - The Chinese passenger car market saw retail sales of 2.263 million units in November, a year-on-year decline of 7%, while the new energy vehicle market grew by 7% [9] Group 7 - The China Internet Finance Association is enhancing self-regulation for financial applications and mini-programs, aiming to mitigate risks associated with digital financial channels [10] - Binance appointed co-founder He Yi as co-CEO to expand its global business and strengthen compliance efforts [10] Group 8 - The U.S. stock market saw slight gains, with the Dow Jones up 0.86%, while the tech sector faced declines, particularly in Chinese concept stocks [15] - European stock indices showed mixed results, with the French market benefiting from consumer sector resilience [15] Group 9 - The domestic bond market experienced narrow fluctuations, with most interest rates rising, while the central bank conducted a reverse repurchase operation [17] - The U.S. Treasury yields collectively fell, indicating a shift in investor sentiment [17] Group 10 - International precious metals futures generally rose, supported by expectations of a Federal Reserve rate cut and positive economic data from Europe [18] - Crude oil prices increased amid ongoing geopolitical tensions, particularly related to the Russia-Ukraine conflict [18]

Group 1: Policy and Economic Developments - The State Council approved the "Yangtze River Delta Land Space Planning (2023-2035)", aiming to maintain arable land at no less than 161.48 million acres by 2035, with ecological protection areas and water usage limits specified [2] - The Ministry of Commerce reported that from January to November, the trade-in of consumer goods generated over 2.5 trillion yuan in sales, benefiting over 360 million people [2] Group 2: Aerospace and Technology Advancements - The Zhuque-3 rocket successfully launched on December 3, completing its mission and entering the designated orbit [3] - The 2025 Commercial Space Forum opened in Wuhan, highlighting the strategic importance of aerospace as a key emerging industry, with plans to develop a "China Star Valley" for commercial space innovation [4] - Chinese scientists developed a new nickel-based superconductor, achieving the highest superconducting transition temperature for this material, which could pave the way for room-temperature superconductors [5] Group 3: Company News - Moer Thread's stock is set to be listed on the Sci-Tech Innovation Board on December 5 [6] - Muxi Co., Ltd. has set its initial public offering price at 104.66 yuan per share [7] - Grinda participated in the strategic placement of Muxi's initial public offering with an investment of approximately 80 million yuan [8] - Aerospace Electromechanical's stock price has shown significant deviation from its fundamentals [9] - Xingyu Co. is planning to issue H-shares and list on the Hong Kong Stock Exchange [10] - Wanlong Optoelectronics is planning to acquire control of Zhongkong Information, leading to a stock suspension starting December 4 [11] - Tencent Holdings repurchased 1.04 million shares for 636 million HKD on December 3 [12] - Pulutong is planning an asset acquisition, resulting in a stock suspension starting December 4 [13] - *ST Songfa signed a shipbuilding contract valued between 70 million to 100 million USD [14] - New Media Co. plans to distribute 11 yuan per 10 shares (including tax) before the third quarter of 2025 [15] - *ST Chuntian's main business and operational scope remain unchanged [16]

Core Viewpoint - The announcement of the "Six Guidelines for Mergers and Acquisitions" has led to increased inclusivity and flexibility in A-share listed companies' merger and acquisition activities, with enhanced attractiveness for cross-border mergers and acquisitions [1] Company Overview - Pulutong (002769) announced on December 3 that it is planning to acquire control of Leqee Group Limited through a combination of issuing shares and cash payments, while also raising matching funds from Guangzhou Zhidu Investment Holdings Group Co., Ltd. and/or its controlled enterprises [1][3] - The company’s stock will be suspended from trading starting December 4, with a plan to disclose the transaction proposal within no more than 10 trading days [3] - If the board meeting to review and disclose the restructuring plan is not held within the stipulated time, the stock will resume trading by December 18 at the latest, and the related matters will be terminated [3] Target Company Details - Leqee Group Limited, established in 2018 and registered in the Cayman Islands, specializes in brand digital and e-commerce services, offering a wide range of professional services including e-commerce operations, channel expansion, digital marketing, consumer operations, professional customer service, warehousing logistics, strategic consulting, and technical solutions [3][4] - The company operates across major domestic and cross-border e-commerce platforms, including Tmall, JD.com, and Douyin, serving various sectors such as beauty, maternal and infant products, and food [3] Transaction Details - The preliminary transaction counterparties include shareholders of the target company, such as CMC Lollipop Holdings Limited and CMC Lollipop II Holdings Limited [4] - Pulutong has signed intention agreements with some counterparties, agreeing to purchase equity in the target company through share issuance and cash payments, with the final price determined by an evaluation report from a qualified appraisal agency [4] - The transaction will not result in a change of the company's actual controller [4] Financial Performance - In the first three quarters of the year, Pulutong achieved operating revenue of 505 million yuan, a year-on-year increase of 14.13%, and a net profit attributable to shareholders of 35.99 million yuan, marking a turnaround from losses [5] Stock Performance - Prior to the restructuring suspension, Pulutong's stock showed active performance, with multiple consecutive trading days of increases. On December 3, the stock opened with a limit-up and closed at 12.94 yuan per share, with a total market capitalization of 4.831 billion yuan [6]

一、停牌事由和安排 关于筹划发行股份及支付现金购买资产并 募集配套资金暨关联交易事项的停牌公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 登录新浪财经APP 搜索【信披】查看更多考评等级 股票代码：002769 股票简称：普路通 公告编号：2025-071 广东省普路通供应链管理股份有限公司 ■ （二）交易对方基本情况 本次交易事项尚处于筹划阶段，初步确定的交易对方为包括CMC Lollipop Holdings Limited、CMC Lollipop II Holdings Limited在内的标的公司全部或部分股东。本次交易对方的范围尚未最终确定，最终 确定的交易对方以后续公告的重组预案或重组报告书披露的信息为准。 （三）交易方式 公司拟发行股份及支付现金方式购买标的公司控制权，并向智都集团及/或其控制的企业发行股份募集 配套资金，本次交易不会导致公司实际控制人变更。本次交易尚存在不确定性，最终交易对方、标的资 产范围等具体方案，应以重组预案或重组报告书披露的信息为准。 广东省普路通供应链管理股份有限公司（以下简称"公司"）正在筹划发行股份及支付现 ...

Core Viewpoint - Guangdong Province Pulutong Supply Chain Management Co., Ltd. has revised its Articles of Association and certain governance systems to enhance its operational norms and internal control management, including the elimination of the supervisory board and the delegation of its powers to the audit committee of the board [1][4]. Group 1: Revision of Articles of Association - The company will no longer establish a supervisory board and supervisors; the audit committee of the board will exercise the powers of the supervisory board as stipulated by the Company Law [1][12]. - The revisions to the Articles of Association are in compliance with relevant laws and regulations, including the Company Law and the Shenzhen Stock Exchange listing rules [1][12]. - The amendments will be submitted for approval at the upcoming shareholders' meeting and will take effect upon approval [3][4]. Group 2: Governance System Revisions - The company has revised its governance systems to improve operational norms and internal control, removing references to the supervisory board and supervisors in various governance documents [4][16]. - Specific governance documents, including rules for shareholder meetings, board meetings, and independent director work guidelines, have been amended and will require shareholder approval to take effect [4][16][34]. - The board has proposed to hold a shareholders' meeting to discuss these revisions and other matters, scheduled for December 19, 2025 [35]. Group 3: Board Meeting Details - The sixth board meeting was held on December 2, 2025, with all nine directors present, complying with legal requirements [7][8]. - The meeting approved the proposal to change the company's registered address, which will also require shareholder approval [9][38]. - All resolutions passed during the meeting received unanimous support from the directors [10][14][36].

普路通（002769）(002769.SZ)发布公告，公司正在筹划发行股份及支付现金购买资产，并向广州智都 投资控股集团有限公司(简称"智都集团")及/或其控制的企业发行股份募集配套资金。公司股票自2025年 12月4日(星期四)开市时起开始停牌。本次交易的标的公司为Leqee Group Limited，公司拟发行股份及支 付现金方式购买标的公司控制权。 ...

普路通（002769）即将停牌。 12月3日晚间，普路通发布公告称，公司正在筹划发行股份及支付现金购买资产，并向广州智都投资控股集团有限公司(以下简称"智都集团")及/或其控制 的企业发行股份募集配套资金(以下简称"本次交易"或"本次重组")。本次交易的标的公司为Leqee Group Limited，公司拟购买标的公司控制权。 因有关事项尚存在不确定性，为了维护投资者利益，避免对公司证券交易造成重大影响，根据深圳证券交易所的相关规定，经公司申请，公司股票(证券 简称：普路通，证券代码：002769)自2025年12月4日(星期四)开市时起开始停牌。 | 三季报业绩显示，今年前三季度，普路通实现营业收入5.05亿元，同比增长14.13%；实现归母净利润3599.21万元。 | | --- | | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入(元) | 117.408.822.52 | -28.94% | 505, 412, 712. 20 | 14. ...

智通财经APP讯，普路通(002769.SZ)发布公告，公司正在筹划发行股份及支付现金购买资产，并向广州 智都投资控股集团有限公司(简称"智都集团")及/或其控制的企业发行股份募集配套资金。公司股票自 2025年12月4日(星期四)开市时起开始停牌。本次交易的标的公司为Leqee Group Limited，公司拟发行股 份及支付现金方式购买标的公司控制权。 ...

普路通（002769）即将停牌。 12月3日晚间，普路通（002769）发布公告称，公司正在筹划发行股份及支付现金购买资产，并向广州智都投资控股集团有限公司（以下简称"智都集团"）及/或其 控制的企业发行股份募集配套资金（以下简称"本次交易"或"本次重组"）。本次交易的标的公司为Leqee Group Limited，公司拟购买标的公司控制权。 三季报业绩显示，今年前三季度，普路通实现营业收入5.05亿元，同比增长14.13%；实现归母净利润3599.21万元。 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入(元) | 117. 408. 822. 52 | -28.94% | 505, 412, 712. 20 | 14. 13% | | 归属于上市公司股东 | 2.667.803.97 | -58. 69% | 35, 992, 065. 45 | 180.87% | | 的净利润(元) | | | | | | 归属于上市公司股东 的扣除非经常性 ...