Core Viewpoint - Xuan Ya International's stock increased by 1.34% with a trading volume of 1.579 billion yuan and a turnover rate of 41.56% on the day, indicating significant trading activity and interest from institutional investors [2] Trading Activity - The stock's turnover rate reached 41.56%, leading to its listing on the Shenzhen Stock Exchange's watchlist for high trading activity [2] - Institutional investors net bought 39.03 million yuan, while brokerage seats collectively net sold 21.32 million yuan [2] - The top five trading departments accounted for a total transaction volume of 279 million yuan, with a net buying amount of 17.70 million yuan [2] Institutional Participation - Three institutional special seats were involved in trading, with total buying amounting to 88.24 million yuan and selling amounting to 49.22 million yuan, resulting in a net purchase of 39.03 million yuan [2] - Specific institutional buying included 34.95 million yuan from the top buying seat and 31.68 million yuan from the second [2] Fund Flow - The stock experienced a net outflow of 56.13 million yuan in principal funds, with large orders contributing to a significant portion of this outflow [2] - Over the past five days, the net outflow of principal funds totaled 112 million yuan [2]

Core Viewpoint - Xuan Ya International's stock price increased by 3.01% with a trading volume of 1.402 billion yuan and a turnover rate of 39.15% on the day, indicating significant trading activity and interest from investors [2] Trading Activity - The stock's turnover rate reached 39.15%, leading to its listing on the exchange's watchlist for high trading activity [2] - Institutional investors net sold 29.2645 million yuan, while total net selling from brokerage seats amounted to 40.5433 million yuan [2] - The top five brokerage seats accounted for a total transaction volume of 271 million yuan, with buying transactions at 101 million yuan and selling transactions at 171 million yuan, resulting in a net selling of 69.8078 million yuan [2] Institutional Participation - Four institutional specialized seats were involved in trading, with total buying amounting to 53.0045 million yuan and selling amounting to 82.2690 million yuan, leading to a net sell of 29.2645 million yuan [2] - Specific institutional buying and selling details include: - Buy One: 22.2536 million yuan (sell: 31.7743 million yuan) - Buy Two: 18.0512 million yuan (sell: 12.8509 million yuan) [2] Fund Flow - The stock experienced a net inflow of 109,000 yuan from main funds, with large orders showing a net outflow of 957.35 million yuan and a net inflow of 968.25 million yuan from larger funds [2] - Over the past five days, the net inflow of main funds totaled 798.28 million yuan [2]

Core Points - The company announced a board meeting scheduled for November 21, 2025, to review a proposal regarding the change of part of the fundraising purposes [1] - The decision aims to improve the efficiency of fundraising usage, taking into account market conditions and the company's actual development needs [1] - The proposal will require approval from the company's shareholders [1]

Core Viewpoint - The company Xuanya International (300612) announced the nomination of Mr. Xiao Zhenxiang as a candidate for the independent director of the fifth board of directors [1] Summary by Category - **Company Announcement** - Xuanya International's board of directors has agreed to nominate Mr. Xiao Zhenxiang as an independent director candidate for the fifth board [1]

Core Viewpoint - Xuan Ya International announced that as of the date of the announcement, the company has no guarantees provided to entities outside the consolidated financial statements, no overdue external guarantees, and no violations regarding guarantees [2] Summary by Relevant Categories - **Company Guarantees** - The company has confirmed that it does not provide guarantees to any entities outside its consolidated financial statements [2] - There are no overdue external guarantees reported by the company [2] - The company has no instances of guarantee violations [2]

Core Points - XuanYa International (300612) reported a closing price of 20.26 yuan on November 21, 2025, down 1.41% from the previous trading day, with a total market capitalization of 3.656 billion yuan [1] - The stock opened at 19.93 yuan, reached a high of 21.55 yuan, and a low of 18.8 yuan, with a trading volume of 1.26 billion yuan and a turnover rate of 34.98% [1] Fundraising Purpose Change - XuanYa International announced a change in the use of part of the raised funds, terminating the "Giant Wave Technology Platform Upgrade Project" and adjusting the investment scale and implementation method of the "Full-Chain Immersive Content Marketing Platform Project" [1] - The company plans to allocate 139.3289 million yuan for the new project "Infinity Agent-AI Marketing Intelligent Body Interaction Center Construction Project" and 24.9838 million yuan for permanent working capital [1] - This change requires approval from the company's shareholders meeting, and the sponsor, Zhongde Securities, has no objections [1]

Core Viewpoint - The company, Xuan Ya International, announced changes to its fundraising projects to improve the efficiency of fund usage in response to market conditions and its development needs [1] Summary by Categories Project Adjustments - The original fundraising project "Full-Chain Immersive Content Marketing Platform Project" will undergo changes in construction content, implementation location,主体, and implementation period, with the total investment amount adjusted to 182.92 million yuan, of which 38.37 million yuan will be funded by the raised funds [1] - The original fundraising project "Giant Wave Technology Platform Upgrade Project" will be terminated [1] - A new fundraising project "InfinityAgent-AI Marketing Intelligent Interaction Center Construction Project" has been added, with a planned total investment of 177.03 million yuan, of which 139.33 million yuan will be funded by the raised funds [1] Fund Usage - After the changes to the fundraising projects, the company has 24.98 million yuan of raised funds without a clear purpose, which will be used to permanently supplement working capital for daily operations [1]

Core Viewpoint - XuanYa International (300612.SZ) announced changes to its fundraising projects to improve the efficiency of fund usage in response to market conditions and the company's development needs [1] Summary by Categories Project Adjustments - The original fundraising project "Full-Chain Immersive Content Marketing Platform Project" will undergo changes in construction content, implementation location,主体, and implementation period, with the total investment amount adjusted to 182.92 million yuan, of which 38.37 million yuan will be funded by raised funds [1] - The original fundraising project "Giant Wave Technology Platform Upgrade Project" will be terminated [1] - A new fundraising project "InfinityAgent-AI Marketing Intelligent Interaction Center Construction Project" has been added, with a planned total investment of 177.03 million yuan, of which 139.33 million yuan will be funded by raised funds [1] Fund Allocation - After the changes to the fundraising projects, the company has 24.98 million yuan of raised funds with no specific use, which will be allocated to permanently supplement working capital for daily operations [1]

Company Overview - Xuan Ya International (SZ 300612) announced a total guarantee amount of 148 million yuan, including counter-guarantees, which accounts for 30.86% of the company's latest audited net assets [1] - The company's guarantee balance is 28 million yuan, representing 5.84% of the latest audited net assets [1] - As of the report date, Xuan Ya International has a market capitalization of 3.7 billion yuan [1] Revenue Composition - For the year 2024, the revenue composition of Xuan Ya International is as follows: - Automotive sector accounts for 89.26% - Internet and information technology accounts for 8.89% - Retail sector accounts for 0.84% - Manufacturing sector accounts for 0.45% - Financial sector accounts for 0.22% [1]

中德证券有限责任公司 关于宣亚国际营销科技（北京）股份有限公司2026 年度日常关联交易 预计的核查意见 中德证券有限责任公司（以下简称"中德证券"或"保荐机构"）作为宣亚 国际营销科技（北京）股份有限公司（以下简称 "公司"）向特定对象发行 A 股 股票的保荐机构。根据《证券发行上市保荐业务管理办法》《深圳证券交易所创 业板股票上市规则（2025 年修订）》《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作（2025 年修订）》及《深圳证券交易所上市公司 自律监管指引第 13 号——保荐业务》等法律、法规和规范性文件的要求，就公 司 2026 年度日常关联交易预计的事项进行了认真、审慎核查，具体情况如下： 一、日常关联交易基本情况 （一）日常关联交易概述 根据业务发展和日常经营的需要，公司预计 2026 年度拟向参股公司上海云 阙智能科技有限公司（以下简称"云阙智能"）采购累计不超过 2,000 万元（人 民币，下同）的技术产品、专项服务；云阙智能拟向公司采购累计不超过 500 万元的专项服务。2026 年度，公司预计与云阙智能发生的关联交易金额合计不 超过 2,500 万元，有效期自 ...