Group 1 - The company is currently in the implementation phase of a share swap to acquire Hangzhou Steam Turbine [1]

Group 1 - The capital market's M&A activities in the Shenzhen market are experiencing significant growth, driven by policy benefits, precise regulatory support, and proactive market participants, leading to a dual increase in both quality and quantity of transactions [1] - Since 2025, there have been 1,104 newly disclosed M&A transactions in the Shenzhen market, totaling 553.7 billion yuan, representing a year-on-year increase of 54% and 55% respectively; major asset restructurings have exceeded 100, with a year-on-year growth rate of 60% [1] - In addition to major asset restructurings, there have been 995 cash acquisitions that did not meet the major asset restructuring standards, accounting for 90% of the total restructuring activities during the same period, indicating a trend towards smaller, embedded acquisitions that enhance company quality [1] Group 2 - Among the 109 major asset restructurings, 80% were industry mergers and acquisitions, and 70% involved new quality productivity targets, with strategic emerging industries such as semiconductors, information technology, and equipment manufacturing being the core focus [2] - Notable transactions include Electric Power Investment Corporation's acquisition of nuclear power assets worth 55.4 billion yuan, establishing a specialized nuclear power operation platform, and Huatian Technology's acquisition of semiconductor company Huayi Microelectronics, optimizing the company's industrial layout [2] Group 3 - The emergence of benchmark cases and diverse restructuring models is evident, with cross-industry mergers facilitating transformation, such as Huylin Ecological's acquisition of Junheng Technology to enter the high-end optical module sector [3] - Innovative transaction models are addressing industry challenges, exemplified by Hailianxun's absorption and merger of Hangqilun B, becoming the first "A absorbs B" case post-implementation of the "six merger rules" [3] - Various payment tools are being utilized, such as Guangku Technology's combination of share issuance, targeted convertible bonds, and cash for restructuring payments, enhancing transaction flexibility and reinforcing incentive constraints [3] Group 4 - Since 2025, the Shenzhen Stock Exchange has received 41 major asset restructuring applications, a year-on-year increase of 273%, with 15 approvals, marking a 114% increase; the average time from application to approval has been reduced by 22% [4] - TCL Technology's acquisition of a minority stake in Huaxing Semiconductor for 11.6 billion yuan serves as a typical example of efficient review services for the real economy, with the transaction taking only 61 days from application to approval [4] - The Shenzhen Stock Exchange plans to continue implementing the "six merger rules," enhancing regulatory service efficiency and supporting the successful execution of more benchmark restructuring projects [4]

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：200771 证券简称：杭汽轮B 公告编号：2025-132 杭州汽轮动力集团股份有限公司 关于公司股票终止上市并摘牌的公告 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。 特别提示： 公司股票已被深圳证券交易所决定终止上市，将在2025年12月22日被摘牌。 杭州海联讯科技股份有限公司（以下简称"海联讯"）向杭州汽轮动力集团股份有限公司（以下简称"杭 汽轮"或"公司"）全体换股股东发行A股股票换股吸收合并杭汽轮相关事项已经杭汽轮2025年第二次临 时股东会审议通过，并已获得中国证券监督管理委员会（以下简称"中国证监会"）出具的《关于同意杭 州海联讯科技股份有限公司吸收合并杭州汽轮动力集团股份有限公司注册的批复》（证监许可〔2025〕 2141号）。 根据本次换股吸收合并的方案，公司于2025年11月26日向深圳证券交易所（以下简称"深交所"）提出了 关于公司股票终止上市的申请，并于2025年12月2日收到深交所出具的《关于同意受理杭州汽轮动力集 团股份有限公司股票终止上市申请的函》（公司部函〔202 ...

Stock Code: 200771 Stock ID: Hangqilun B Announcement No.:2025-132 Hangzhou Turbine Power Group Co., Ltd. Announcement on the Termination of the Company's Stock Listing and Delisting The members of the Board and the Company acknowledge being responsible for the truthfulness, accuracy, and completeness of the announcement. There are no false records, misleading statements, or significant omissions in this announcement. Special Reminder: The Company's stock has been decided by the Shenzhen Stock Exchange to b ...

证券代码：200771 证券简称：杭汽轮 B 公告编号：2025-132 杭州汽轮动力集团股份有限公司 关于公司股票终止上市并摘牌的公告 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。 特别提示： 公司股票已被深圳证券交易所决定终止上市，将在 2025 年 12 月 22 日被摘牌。 〔2025〕第 354 号）。2025 年 12 月 18 日，深交所出具了《关于杭州 汽轮动力集团股份有限公司股票终止上市的决定》（深证上〔2025〕 1431 号）。根据该决定，公司股票将于 2025 年 12 月 22 日起终止上 市并摘牌。 一、终止上市股票的证券种类、代码、简称、终止上市决定日期、 摘牌日期 1 证券种类：人民币特种股票（B 股） 证券代码：200771 证券简称：杭汽轮 B 终止上市决定日期：2025 年 12 月 18 日 摘牌日期：2025 年 12 月 22 日 公司股票将自 2025 年 12 月 22 日起终止上市。海联讯换股吸收 合并杭汽轮的股权登记日为 2025 年 12 月 19 日，股权登记日收市后 杭汽轮股东持有的公司股票将按照 1 ...

Core Viewpoint - Hangzhou Steam Turbine Co., Ltd. B shares will be delisted from the Shenzhen Stock Exchange on December 22, 2025, following a merger plan with Hangzhou Hailianxun Technology Co., Ltd. [1] Group 1 - The company's stock will be converted at a 1:1 ratio into A shares of Hangzhou Hailianxun Technology Co., Ltd. for existing B shareholders [1]

证券代码：200771 证券简称：杭汽轮B 公告编号：2025-136 杭州海联讯科技股份有限公司发行A股股份 换股吸收合并杭州汽轮动力集团股份有限 公司暨关联交易 之A、B股证券账户转换业务及投资者 操作指引 2025年12月 1 | 特别提示 | | --- | | 第一部分:投资者类型说明 . | | ー、 B股证券账户分类 . | | 二、 操作指引投资者分类 . | | 第二部分：业务操作基本流程 . | | 一、杭汽轮B股投资者一码通账户关联关系(仅限境内个人投资者) 6 | | 二、确定海联讯A股的证券账户、托管单元 | | 三、配发深市转登记受限账户 …………………………………………………………………………………………… 10 | | 四、B股退出登记及A股初始登记 | | 五、人民币资金账户开通/开立(仅适用于配发转登记受限账户的投资者)12 | | 六、股份出售及清算交收 | | 七、资金划付 | | 八、公积金转增与送红股、派息 | | 九、差异化红利税 ………………………………………………………………………………………………………………… 15 | | 十、换股产生的零碎股处理 . | ...

证券代码：200771 证券简称：杭汽轮 B 公告编号：2025-133 杭州汽轮动力集团股份有限公司 关于换股吸收合并涉及 B 转 A 相关事宜的提示性公告 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。 杭州海联讯科技股份有限公司（以下简称"海联讯"）向杭州汽轮 动力集团股份有限公司（以下简称"杭汽轮"或"本公司"）全体换股 股东发行 A 股股票的方式换股吸收合并杭汽轮（以下简称"本次合并方 案"）相关事项已经杭汽轮 2025 年第二次临时股东会审议通过，并已获 得中国证券监督管理委员会出具的《关于同意杭州海联讯科技股份有限 公司吸收合并杭州汽轮动力集团股份有限公司注册的批复》（证监许可 〔2025〕2141 号）。 根据本次合并方案，公司于2025年11月26日向深圳证券交易所（以 下简称"深交所"）提交了股票终止上市的申请。深交所已于 2025 年 12 月 18 日批准公司股票终止上市的申请，本公司将启动杭汽轮 B 股 （200771）转换为海联讯 A 股（300277）的相关工作。为确保持有至最 终交易日并转股的投资者知悉杭汽轮 B 股（20077 ...

Stock Code: 200771 Stock ID: Hangqilun B Announcement No.:2025-133 Hangzhou Turbine Power Group Co., Ltd. Prompting Announcement Regarding the Share Exchange Absorption Merger Involving B-share Transferring to A-share The members of the Board and the Company acknowledge being responsible for the truthfulness, accuracy, and completeness of the announcement. There are no false records, misleading statements, or significant omissions in this announcement. Hangzhou Hirisun Technology Incorporated .(hereinafter ...

Stock Code: 200771 Stock ID: Hangqilun B Announcement No.: 2025-136 A-Share Issuance of Hangzhou Hirisun Technology Incorporated for Share Swap Merger with Hangzhou Turbine Power Group Co., Ltd. and related Transaction - A/B Share Securities Account Conversion Procedures and Investor Operation Guide December 2025 1 Contents Special Reminder: | Special Reminder 3 | | | --- | --- | | Part I: Explanation of Investor Types 5 | | | 1. Classification of B-Share Securities Accounts 5 | | | 2.Investor Classificatio ...