国浩律师（深圳）事务所 法律意见书 国浩律师（深圳）事务所 关于广东宏川智慧物流股份有限公司 "宏川转债"回售法律意见书 国浩律师（深圳）事务所 法律意见书 致：广东宏川智慧物流股份有限公司 国浩律师（深圳）事务所（以下简称"本所"）接受广东宏川智慧物流股份 有限公司（以下简称"公司"）的委托，根据《中华人民共和国公司法》《中华 人民共和国证券法》《可转换公司债券管理办法》（以下简称"《债券管理办法 》"）、《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管 指引第15号——可转换公司债券》（以下简称"《监管指引第15号》"）等法律 、法规和规范性文件以及《广东宏川智慧物流股份有限公司公开发行可转换公司 债券募集说明书》（以下简称"《募集说明书》"）的规定，就公司本次可转换 公司债券回售（以下简称"本次回售"）的相关事项出具法律意见。 为出具本法律意见书，本所律师谨作如下声明： 1、本所律师依据现行有效的法律、法规、规范性文件的有关规定及本法律 意见书出具日以前已经发生或者存在的事实，严格履行了法定职责，遵循了勤勉 尽责和诚实信用原则，进行了充分的核查验证，保证本法律意见所认定的事实真 实、准确、 ...

中国银河证券股份有限公司 关于广东宏川智慧物流股份有限公司 可转换公司债券回售有关事项的核查意见 中国银河证券股份有限公司(以下简称"银河证券"或"保荐机构")作为 广东宏川智慧物流股份有限公司(以下简称"宏川智慧"或"公司")公开发行 可转换公司债券的保荐机构,根据《证券发行上市保荐业务管理办法》《深圳证 券交易所股票上市规则》《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》《深圳证券交易所上市公司自律监管指引第 15 号 -- 可 转换公司债券》等有关规定,对宏川智慧本次可转换公司债券回售有关事项进行 了核查,具体情况如下: 一、"宏川转债"发行上市情况 经中国证券监督管理委员会证监许可[2020]317 号《关于核准广东宏川智慧 物流股份有限公司公开发行可转换公司债券的批复》文件核准,宏川智慧于 2020 年 7 月 17 日公开发行面值总额 67,000.00 万元的可转换公司债券,每张面值 100 元人民币,共计 670.00 万张,期限 6年,存续起止日期为 2020年 7月 17 日至 2026年7月16日。 经深圳证券交易所"深证上[2020]685 号"文件同意,公 ...

Group 1 - The legal opinion letter is issued by Guohao Law Firm (Shenzhen) regarding the repurchase of convertible bonds by Guangdong Hongchuan Smart Logistics Co., Ltd. [1] - The company has complied with relevant laws and regulations, including the Company Law, Securities Law, and Convertible Bond Management Measures, in the issuance and repurchase of convertible bonds [1][5] - The company’s convertible bonds were approved by the board and shareholders, and the issuance was authorized by the China Securities Regulatory Commission [4][5] Group 2 - The company issued a total of 670,000 convertible bonds with a face value of 67 million yuan, which were listed on the Shenzhen Stock Exchange on August 7, 2020 [4][5] - The convertible bonds have a term of six years, from July 17, 2020, to July 16, 2026 [4] - The repurchase conditions allow bondholders to sell their bonds back to the company if the stock price falls below 70% of the conversion price for 30 consecutive trading days during the last two interest years [5][6] Group 3 - The company has triggered the conditional repurchase clause as the adjusted conversion price is 18.56 yuan per share, and the stock price fell below 12.992 yuan per share during the specified period [6] - The legal opinion concludes that the repurchase complies with the relevant regulations and bondholders can exercise their repurchase rights within the designated period [6][7] - The company must follow the legal procedures for announcing the repurchase and its results [7]

Group 1 - The core point of the announcement is that the controlling shareholder, Guangdong Hongchuan Group Co., Ltd., has released part of its pledged shares in Guangdong Hongchuan Smart Logistics Co., Ltd. [1] - The announcement confirms that the pledged shares do not pose a risk of forced liquidation and will not lead to a change in the actual control of the company [2] - The company will continue to monitor the status of share pledges and will disclose information in accordance with relevant regulations [2] Group 2 - The announcement includes a reference to the change in the name of the surviving entity after the merger of Haitong Securities Co., Ltd. into Guotai Junan Securities Co., Ltd. [1] - The document mentions that the pledged shares held by the controlling shareholder and its concerted parties do not have any substantial impact on the company's operations or governance [2] - The board of directors of Guangdong Hongchuan Smart Logistics Co., Ltd. issued the announcement on August 26, 2025 [5]

Group 1 - The stock price of Hongchuan Wisdom closed at 12.15 yuan on August 25, 2025, down 0.57% from the previous trading day, with a trading volume of 116 million yuan [1] - Hongchuan Wisdom's main business is petrochemical storage services, providing tank leasing, terminal loading and unloading, and storage management services, located in Guangdong Province [1] - The controlling shareholder, Guangdong Hongchuan Group Co., Ltd., recently released a pledge of 13.04 million shares of the company [1] Group 2 - On August 25, the net outflow of main funds was 2.306 million yuan, while the net inflow of main funds over the past five days was 7.3672 million yuan [1]

Group 1 - The company, Hongchuan Zhihui, announced that its controlling shareholder, Guangdong Hongchuan Group Co., Ltd., has informed the company about the release of part of its pledged shares [2] - The number of shares released from pledge amounts to 13.04 million shares [2]

| 证券代码：002930 | 证券简称：宏川智慧 | 公告编号：2025-093 | | --- | --- | --- | | 债券代码：128121 | 债券简称：宏川转债 | | 广东宏川智慧物流股份有限公司 关于控股股东部分股权解除质押的公告 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。 广东宏川智慧物流股份有限公司（以下简称"公司"）于近日收 到控股股东广东宏川集团有限公司（以下简称"宏川集团"）函告， 获悉其所持有的公司部分股份办理了股权解除质押业务，具体事项如 下： 一、股东股权解除质押的基本情况 | 股东 | 是否为控股股东或 | 本次解除质押股 | 占其所持股 | 占公司 2025 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | 第一大股东及其一 | 份数量 | 份比例 | 年8月20日总 | 起始日期 | 解除日期 | 质权人 | | | 致行动人 | | | 股本比例 | | | | | 宏川 集团 | 是 | 1,304.00 万股 | 9.05% | ...

Group 1 - The core point of the news is that Hongchuan Wisdom (SZ002930) has received approval for an environmental impact assessment for a new Class B warehouse project, with a total investment of 52.8728 million yuan [1] - The "A-share Green Report" project aims to enhance transparency in environmental information of listed companies, utilizing authoritative environmental regulatory data from 31 provinces and 337 cities [1] - The latest A-share Green Weekly Report indicated that eight listed companies have recently exposed environmental risks [1] Group 2 - Hongchuan Wisdom's main business segments include warehousing and transit comprehensive services (96.82% of revenue), smart customer service (1.48%), tank cleaning and wastewater treatment (0.76%), other services (0.6%), and logistics chain management services (0.22%) [2] - The company's market capitalization is approximately 5.696 billion yuan, with projected revenues of 1.547 billion yuan for 2023 and 1.450 billion yuan for 2024 [3] - The net profit attributable to the parent company is forecasted to be 29.63356 billion yuan for 2023, with a significant decrease expected in 2024 [3]

Market Overview - On August 19, the logistics sector experienced a slight decline of 0.06% compared to the previous trading day, with Jiacheng International leading the drop [1] - The Shanghai Composite Index closed at 3727.29, down 0.02%, while the Shenzhen Component Index closed at 11821.63, down 0.12% [1] Stock Performance - Notable gainers in the logistics sector included: - Pulutong (002769) with a closing price of 9.02, up 3.92% on a trading volume of 298,600 shares and a turnover of 267 million yuan - Chuanhua Zhili (002010) at 6.33, up 2.43% with a volume of 911,300 shares and a turnover of 577 million yuan - Hongchuan Wisdom (002930) at 12.45, up 2.38% with a volume of 128,100 shares and a turnover of 159 million yuan [1] - Conversely, Jiacheng International (603535) saw a significant decline of 4.00%, closing at 12.23 with a trading volume of 260,300 shares and a turnover of 318 million yuan [2] Capital Flow - The logistics sector experienced a net outflow of 192 million yuan from institutional investors and 139 million yuan from retail investors, while individual investors saw a net inflow of 331 million yuan [2] - Key stocks with notable capital flows included: - Shunfeng Holdings (002352) with a net inflow of 14.7 million yuan from institutional investors, but a net outflow of 82.7 million yuan from retail investors [3] - Pulutong (002769) had a net inflow of 17.5 million yuan from institutional investors, while retail investors saw a net outflow of 20.4 million yuan [3]

Overview - The dangerous goods warehousing industry in China has seen significant growth, with a market size reaching 392.4 billion yuan in 2022, reflecting a year-on-year increase of 6.28% [6][8] - However, the market is expected to slightly decline to 388.1 billion yuan in 2024 due to various factors such as global geopolitical conflicts, inflation pressures, and uneven economic recovery [6][8] Industry Chain - The upstream of the dangerous goods warehousing industry involves the production, processing, and supply of hazardous materials, including chemical raw materials and explosives [4] - The downstream consists of industries such as chemicals, pharmaceuticals, energy, and cosmetics, which are the primary demanders of dangerous goods warehousing services [4] Current Development - The industry plays a crucial role in the logistics system for hazardous materials, providing comprehensive storage and related services to ensure safe and efficient operations [6][8] - The demand for dangerous goods logistics is increasing due to the growth of high-risk industries in China [6][8] Competitive Landscape - The dangerous goods warehousing industry has high specialization and is subject to strict safety and environmental regulations, creating significant entry barriers [10][11] - The top ten companies in the hazardous goods warehousing sector include Milky Way Intelligent Supply Chain Service Group, Shanghai Changji Supply Chain Management, and others, with Milky Way leading in warehouse area at 679,000 square meters [12][14] Company Analysis - Milky Way Intelligent Supply Chain Service Group reported a total revenue of 12.12 billion yuan in 2024, with a significant portion coming from integrated logistics services [14] - Guangdong Hongchuan Smart Logistics Co., Ltd. achieved a total revenue of 1.45 billion yuan in 2024, primarily from comprehensive storage and transfer services [16] Development Trends - The future of the industry will see increased application of IoT technology and big data analytics to enhance monitoring and emergency response capabilities [18] - There will be a stronger focus on green development, with companies adopting environmentally friendly materials and optimizing logistics to reduce energy consumption and carbon emissions [18]