Core Insights - The agricultural sector index increased by 2.08% on November 28, with Dayu Irrigation leading the gains [1] - The Shanghai Composite Index closed at 3888.6, up 0.34%, while the Shenzhen Component Index closed at 12984.08, up 0.85% [1] Agricultural Sector Performance - Dayu Irrigation (300021) closed at 4.80, with a rise of 3.23% and a trading volume of 271,900 shares, resulting in a transaction value of 128 million yuan [1] - Runong Irrigation (920964) closed at 7.00, up 1.45%, with a trading volume of 18,700 shares and a transaction value of 13.0048 million yuan [1] - Huilong Co., Ltd. (002556) closed at 5.81, increasing by 1.22%, with a trading volume of 128,700 shares and a transaction value of 74.2766 million yuan [1] Capital Flow Analysis - The agricultural sector saw a net inflow of 13.0319 million yuan from institutional investors, while retail investors experienced a net outflow of 4.101 million yuan [1] - Dayu Irrigation had a net inflow of 18.9289 million yuan from institutional investors, but a net outflow of 10.5349 million yuan from retail investors [1] - Runong Irrigation experienced a net outflow of 147,400 yuan from institutional investors, while retail investors had a net inflow of 1.0413 million yuan [1] - Huilong Co., Ltd. faced a net outflow of 5.8970 million yuan from institutional investors, with retail investors seeing a net inflow of 10.1248 million yuan [1]

Group 1 - Sanan Optoelectronics Co., Ltd. is acquiring Lumileds Holding B.V. [1] - China Railway Transportation Investment Group Co., Ltd. and China Communications Investment Co., Ltd. are establishing a joint venture [2] - Pumi Consulting Group Holdings Limited is acquiring equity in RightShip Group Private Limited [3] - Mitsubishi Corporation and NTT Anode Energy Corporation are establishing a new joint venture [4] - Stellantis N.V. and Pacific Acquisition Corp. are forming a new joint venture [5] - Guangzhou Yingpeng Private Equity Fund Management Co., Ltd. is establishing a joint venture with Guangzhou Industrial Control Investment Consulting Co., Ltd. [6] - Baowu Resources Co., Ltd. is forming a new joint venture with Ximang Duying Alliance Holdings [7] - Lianyi Technology (Shenzhen) Co., Ltd. is acquiring Zhejiang Xianglong Machinery Co., Ltd. [8] - Dayu Water-saving Group Co., Ltd. is acquiring Huai'an Water Conservancy Survey and Design Institute Co., Ltd. [9] - KKR is acquiring equity in Nemean Intermediate Layer Limited [10] - A South Korean investment company is acquiring equity in Scape Australia Management Limited and several related entities [11]

证券代码：300021 证券简称：大禹节水 公告编号：2025-162 大禹节水集团股份有限公司 2025 年第五次临时股东会决议公告 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： 1、审议通过《关于续聘公司 2025 年度审计机构的议案》 1.本次股东会无增加、变更、否决提案的情况； 2.本次股东会未涉及变更前次股东会决议的情形； 3.本次股东会以现场投票和网络投票相结合的方式召开。 一、会议召开和出席情况 大禹节水集团股份有限公司（以下简称"公司"）2025年第五次临时股东会 现场会议于2025年11月25日（星期二）14：00在甘肃省酒泉市解放路290号本公 司会议室召开，网络投票时间2025年11月25日9:15起至2025年11月25日15:00止。 本次股东会由公司董事会召集，董事长王浩宇先生主持，公司董事、高级管理人 员及见证律师等相关人士出席了本次会议。会议的召集、召开与表决程序符合《公 司法》《上市公司股东会规则》《深圳证券交易所创业板股票上市规则》和《公 司章程》等法律、行政法规、部门规章及规范性文件的规定。 通过现场和网络投 ...

上海市汇业（兰州）律师事务所 法律意见 上海市汇业（兰州）律师事务所 关于大禹节水集团股份有限公司 二〇二五年第五次临时股东会的 法律意见 兰汇意字（2025）第 100 号 中国·甘肃 上海市汇业(兰州)律师事务所 甘肃省兰州市天水北路 828 号良志·兰州之窗 13 层 邮编：730000 1 上海市汇业（兰州）律师事务所 法律意见 二〇二五年第五次临时股东会的 法律意见 兰汇意字（2025）第 100 号 致：大禹节水集团股份有限公司 上海市汇业（兰州）律师事务所（以下简称"本所"）受大禹节 水集团股份有限公司（以下简称"贵公司"、"大禹节水"）的委托， 就贵公司二〇二五年第五次临时股东会（以下简称"本次临时股东会"） 召开的有关事宜，根据《中华人民共和国公司法》（以下简称《公司 法》）、《上市公司股东会规则》（以下简称《股东会规则》）、《大 禹节水集团股份有限公司章程》（以下简称《公司章程》）的有关规 定，就大禹节水本次临时股东会的召集程序，出席会议人员资格，召 集人的资格，表决程序和表决结果等有关事宜出具本《法律意见》。 本《法律意见》仅供大禹节水本次临时股东会之目的使用，不得 被任何人用于其他任何 ...

Group 1 - The agricultural sector index increased by 0.28% on November 24, with Dayu Irrigation leading the gains [1] - The Shanghai Composite Index closed at 3836.77, up 0.05%, while the Shenzhen Component Index closed at 12585.08, up 0.37% [1] - Dayu Irrigation's closing price was 4.66, with a gain of 0.65%, and a trading volume of 174,000 shares [1] Group 2 - The net inflow of main funds in the agricultural sector was 394,100 yuan, while retail investors saw a net inflow of 552,400 yuan [1] - Dayu Irrigation had a main fund net inflow of 712,000 yuan, while retail funds showed a net inflow of 256,400 yuan [1] - In contrast, Runong Irrigation experienced a main fund net outflow of 1,240,700 yuan [1]

Group 1: Corporate Governance - The China Securities Regulatory Commission has officially released the revised "Corporate Governance Guidelines for Listed Companies," marking a transition from "formal compliance" to "substantive effectiveness" in corporate governance [3] - The China Listed Companies Association has recognized 240 "Best Practice Cases," 190 "Excellent Practice Cases," and 156 "Typical Practice Cases" for corporate governance in 2025, highlighting the importance of effective board operations and governance structures [2] Group 2: Sustainable Development - Six companies from Gansu have been awarded for their sustainable development practices, with Dayu Water-saving (300021) recognized as a "Best Practice Case" for integrating smart water management and digital twin technology [4] - Jiu Steel Hongxing (600307) and Gansu Energy (000791) have been acknowledged for their innovative approaches to sustainability, including the development of a photovoltaic and ecological governance model [5] Group 3: Internal Control - Gansu Energy (000791) has been awarded for its compliance and risk control efforts that enhance its internal control system, while Dayu Water-saving (300021) received recognition for its transition from "risk prevention" to "value creation" [6]

Group 1 - The core viewpoint of the news is the recognition of companies for their exemplary practices in corporate governance, information disclosure, and investor relations management, with Dayu Irrigation Group, China Communications Design Group, and Gansu Energy being awarded for their outstanding performance [1][2] - The China Listed Companies Association announced the results of the "2025 Best Practice Cases for Listed Company Boards," highlighting 240 "Best Practice Cases," 190 "Excellent Practice Cases," and 156 "Typical Practice Cases" [1] - The evaluation aims to promote advanced governance models and improve the operational effectiveness of listed company boards, thereby enhancing compliance and governance standards in the capital market [1][2] Group 2 - The implementation of the new "National Nine Articles" and the "1+N" policy framework has raised the bar for corporate governance quality, particularly in board performance, which is crucial for the high-quality development of the capital market [2] - Companies like Dayu Irrigation, China Communications Design, and Gansu Energy have shown significant results in strategic leadership, investor relations management, internal control system enhancement, and ESG practices [2] - Looking ahead, these companies are committed to further improving their governance systems, strengthening internal control management, enhancing information disclosure quality, and fulfilling their responsibilities to protect investor rights [2]

Core Insights - The China Listed Companies Association announced the "2025 Best Practices for Sustainable Development" and "2025 Excellent Practices for Sustainable Development" at the 2025 Sustainable Development Conference, highlighting the achievements of listed companies in Gansu province [1][2] Group 1: Best Practices and Recognition - Dayu Water-saving Group Co., Ltd. was recognized as a "Best Practice Case" for its long-term commitment to rural revitalization [1] - Five companies, including Gansu Electric Power Investment Energy Development Co., Ltd., Jinhui Mining Co., Ltd., and others, were selected as "Excellent Practice Cases" for their unique contributions in ecological governance and green manufacturing [1][2] Group 2: Innovative Practices - Dayu Water-saving's case focuses on integrating technology into agriculture, utilizing AI and big data to enhance water-saving and increase farmers' income [2] - Gansu Energy implemented a "photovoltaic + ecological governance" model, achieving significant environmental benefits, including the delivery of 217 million kWh of green electricity [3] - Jinhui Mining emphasized refined water resource management, achieving a 100% compliance rate in water quality by 2024 through innovative monitoring and recycling practices [3] Group 3: Financial and Social Contributions - Lanzhou Bank developed a "comprehensive financial service" model to support local agricultural industries, demonstrating its commitment to social responsibility [3] - Jiugang Hongxing focused on green manufacturing and technology independence, ensuring compliance with environmental standards while enhancing production efficiency [4] - Blue Science and Technology High-tech Equipment Co., Ltd. established a support system for local development through donations and community assistance, contributing to social welfare [4] Group 4: Future Outlook - The recognition of these companies reflects a growing emphasis on sustainable development as a core competitive advantage, with expectations for Gansu listed companies to deepen their green innovation practices [4]

Group 1: Company Announcements - Aoyuan Meigu has received court approval to continue operations and manage its affairs during the restructuring period, with a risk of bankruptcy and stock delisting if the restructuring fails [3] - Inspur Software reported a net profit of -211.06 million yuan for the first three quarters of 2025, a 123% decline year-on-year, indicating a risk of performance decline [4] - Dayu Water-saving's acquisition of 70% equity in Huai'an Design Institute for 311 million yuan has passed antitrust review, allowing the transaction to proceed [5] - Hainan Development disclosed a cumulative litigation amount of 122 million yuan over the past 12 months, accounting for 11.37% of its latest audited net assets [6] Group 2: Share Buybacks - Haida Group conducted its first share buyback, repurchasing 137,600 shares for a total of approximately 7.99 million yuan [8] - Guangyu Group completed a share buyback of 10,108,000 shares, totaling 29.99 million yuan, representing 1.31% of its total share capital [9] - Puluo Pharmaceutical plans to repurchase shares worth 180 million to 360 million yuan for employee incentive plans, with a maximum price of 23 yuan per share [10] - Huarong Co. executed its first share buyback, acquiring 100,000 shares for a total of 1.89 million yuan [11] Group 3: Shareholding Changes - Kanglongda's major shareholder plans to reduce its stake by up to 3% within 90 days starting December 11, 2025 [12] - Liyuan Technology's shareholder intends to reduce its stake by up to 2.0303% between December 12, 2025, and March 11, 2026 [13] - Yinlong Co.'s controlling shareholder reduced its stake, bringing the total holding down to 25% [14] - Bicheng Co. announced multiple shareholders' plans to reduce their stakes, with specific amounts disclosed [15] Group 4: Major Contracts - Han Jian Heshan won a bid for a water supply project with a contract value of 388 million yuan, expected to significantly impact its revenue [17] - Dafeng Industrial secured a project worth 165 million yuan, representing 8.97% of its 2024 revenue, which could have a long-term positive effect on its performance [18] - Jiangnan Water signed a contract worth 368 million yuan for a drainage project, which is anticipated to positively influence its business performance [19]

Core Viewpoint - The article summarizes important announcements from various companies, highlighting their operational statuses, financial risks, and significant transactions. Group 1: Company Operations and Financial Risks - Aoyuan Meigu's court has allowed the company to continue operations during its restructuring period, but faces risks of bankruptcy and delisting if the restructuring fails [4] - Inspur Software reported a net profit loss of 211.06 million yuan for the first three quarters of 2025, a 123% decline year-on-year, indicating significant performance risks [5] - Hainan Development disclosed that it has been involved in lawsuits totaling 122 million yuan over the past 12 months, which is 11.37% of its latest audited net assets [8] Group 2: Share Buybacks - Haida Group announced its first share buyback, purchasing 137,600 shares for a total of approximately 7.99 million yuan [9] - Guangyu Group completed a share buyback of 10,108,000 shares, amounting to 29.99 million yuan, representing 1.31% of its total share capital [10] - Pro Pharmaceutical plans to repurchase shares worth between 180 million to 360 million yuan for employee incentive plans, targeting a repurchase price not exceeding 23 yuan per share [11] Group 3: Major Contracts and Projects - Han Jian He Shan won a bid for a water supply project worth 388 million yuan, which is expected to significantly impact its revenue [17] - Dafeng Industrial secured a project worth 165.28 million yuan, which represents nearly 9% of its revenue from the previous year [19] - Jiangnan Water signed a contract valued at 368 million yuan for a drainage improvement project, which will positively affect its business performance [20]