证券代码：300948 证券简称：冠中生态 公告编号：2025-093 债券代码：123207 债券简称：冠中转债 青岛冠中生态股份有限公司 关于重新签订募集资金三方监管协议的公告 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。 一、募集资金基本情况 经中国证券监督管理委员会出具的《关于同意青岛冠中生态股份 有限公司向不特定对象发行可转换公司债券注册的批复》（证监许可 〔2023〕1384号）同意注册，青岛冠中生态股份有限公司（以下简称 "公司"）于2023年7月21日向不特定对象发行了4,000,000张可转换 公司债券（以下简称"可转债"），每张面值100元，募集资金总额 为人民币400,000,000元，扣除发行费用总额（不含增值税）人民币8, 500,943.39元，实际募集资金净额为人民币391,499,056.61元。中兴 华会计师事务所（特殊普通合伙）已于2023年7月27日对公司可转债 的募集资金到位情况进行了审验，并出具了《青岛冠中生态股份有限 公司向不特定对象发行可转换公司债券募集资金验证报告》（中兴华 验字（2023）第030023号）。 ...

Group 1 - In August, the total electricity consumption in China reached 10,154 billion kWh, a year-on-year increase of 5.0% [3] - The electricity consumption by the primary industry was 164 billion kWh, up 9.7% year-on-year; the secondary industry consumed 5,981 billion kWh, also up 5.0%; the tertiary industry saw a consumption of 2,046 billion kWh, increasing by 7.2% [3] - Cumulative electricity consumption from January to August was 68,788 billion kWh, a year-on-year growth of 4.6% [3] Group 2 - The Ministry of Industry and Information Technology reported that by the end of August, the total number of fixed broadband internet access users reached 689 million, with a net increase of 18.85 million users since the end of last year [4] - Users with internet access speeds of 100 Mbps and above accounted for 95.2% of total users, while those with speeds of 1,000 Mbps and above reached 233 million, representing 33.9% of total users [4] Group 3 - The State Administration for Market Regulation held discussions with Huo La La to ensure compliance with antitrust laws and promote fair market competition [4] - The National Internet Information Office took action against the Toutiao platform for failing to manage content responsibly, leading to penalties and required corrections [4][5] - The OECD projected a global economic growth rate of 3.2% for 2025, an increase of 0.3 percentage points from previous forecasts [4] Group 4 - Tianpu Co. announced that its stock would be suspended for further investigation due to a 15 consecutive trading limit increase [7] - Haili Co. refuted rumors regarding shell mergers and asset injections [7] - Guiguan Network denied rumors of a significant computing power collaboration with Huawei Cloud [8]

Group 1 - The core point of the article is that Guanzhong Ecological (300948.SZ) is currently in the process of negotiating a transaction, with no formal agreement signed yet, leading to uncertainty regarding the timeline for resuming trading [1] - The company anticipates that it will not be able to resume trading on September 24, 2025, at the market opening [1] - To ensure fair information disclosure and avoid abnormal stock price fluctuations, the company has applied for a continued suspension of its stock and convertible bonds starting from September 24, 2025, with an expected suspension period of no more than three trading days [1] Group 2 - During the suspension period, the company's convertible bonds, "Guanzhong Convertible Bonds," will be suspended from conversion [1]

人民财讯9月23日电，冠中生态（300948）9月23日公告，公司控股股东青岛冠中投资集团有限公司及实 控人李春林和许剑平正在筹划公司控制权变更相关事宜，该事项可能导致公司控股股东及实控人发生变 更。公司股票已自9月22日开市起停牌，目前整体方案仍在协商，交易各方尚未签署正式协议，公司预 计无法在9月24日复牌。公司股票及可转债自9月24日起继续停牌，预计停牌不超3个交易日。 ...

南财智讯9月23日电，冠中生态公告，公司股票自2025年9月24日开市起继续停牌，预计停牌时间不超过 3个交易日，控股股东及实际控制人正在筹划公司控制权变更相关事宜，可能导致公司控股股东及实际 控制人发生变更。目前相关各方正在积极推进本次交易的各项工作，整体方案仍在协商，交易各方尚未 签署正式协议。因该事项存在不确定性，敬请广大投资者理性投资，注意风险。 ...

青岛冠中生态股份有限公司 关于筹划控制权变更事项进展暨继续停牌的公告 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。 一、停牌情况概述 青岛冠中生态股份有限公司（以下简称"公司"）控股股东青 岛冠中投资集团有限公司及实际控制人李春林先生和许剑平女士正 在筹划公司控制权变更相关事宜，该事项可能导致公司控股股东及实 际控制人发生变更。经公司向深圳证券交易所申请，公司股票（股票 简称：冠中生态，股票代码：300948）及可转换公司债券（债券简称： 冠中转债，债券代码：123207）自2025年9月22日（星期一）开市起 停牌，预计停牌时间不超过2个交易日。停牌期间，公司可转换公司 债券"冠中转债"将暂停转股。具体内容详见公司于2025年9月22日 在巨潮资讯网（www.cninfo.com.cn）披露的《关于筹划控制权变更 事项暨停牌的公告》（公告编号：2025-090）。 二、交易进展情况及继续停牌事项的说明 截至本公告披露日，相关各方正在积极推进本次交易的各项工 作，整体方案仍在协商，交易各方尚未签署正式协议，公司预计无法 证券代码：300948 证券简称：冠中 ...

Core Viewpoint - Guanzhong Ecology is planning a change in control, which may lead to a shift in its major shareholders and actual controllers, while the company's core technology and overseas expansion lay a solid foundation for its development [1][3] Group 1: Company Overview - Guanzhong Ecology has over 20 years of experience in the ecological restoration field, with a core competitive advantage recognized in the market [1] - The company has developed a unique ecological restoration theoretical framework and will publish its first academic monograph, "Ecological Restoration Engineering," in 2024 [1] - The company has established a dual-driven talent development system, "True Leaf Plan" and "Top Advantage Plan," to accelerate talent growth [1] Group 2: Talent and R&D - As of June 2025, 73.33% of the company's employees are engaged in engineering production and R&D, with 61.57% holding a bachelor's degree or higher [1] - The company has established partnerships with multiple universities and set up national-level postdoctoral research stations to support continuous technological innovation [1] Group 3: Technological Capabilities - The company possesses core technologies such as fine particle soil preparation and granule spraying processes, along with self-developed key equipment for ecological restoration in complex regions [2] - Guanzhong Ecology has authored or co-authored 2 local standards and 4 group standards, holding a total of 105 authorized patents, including 35 invention patents [2] Group 4: Overseas Expansion - In the first half of 2025, Guanzhong Ecology made significant progress in overseas market expansion, including a project for the 2025 Philadelphia Flower Show [2] - The company established an office in Kyrgyzstan after extensive research, successfully executing a seedling procurement project in Bishkek, marking its first overseas order [2] Group 5: Market Outlook - Analysts note that the company's technical strength and talent reserve in ecological restoration, along with initial overseas market layout, provide a solid foundation for future development [3] - The planned change in control is seen as a significant strategic move that could bring new funding and resources, further unlocking the company's technological and market potential [3]

Core Viewpoint - The company, Guanzhong Ecological (300948.SZ), is experiencing a significant decline in performance and stock price, leading to a potential change in control as the actual controllers plan to sell the company [2][4]. Group 1: Company Performance - Guanzhong Ecological has seen continuous revenue decline since its IPO, with revenues of 4.53 billion, 3.77 billion, and 1.45 billion from 2022 to 2024, representing a year-on-year decrease of 28.02%, 39.23%, and 307.48% respectively [4][5]. - The net profit has also decreased for three consecutive years, with figures of 562.35 million, 341.72 million, and a loss of 709 million from 2022 to 2024 [4][5]. - In the first half of 2025, the company reported revenue of 525.09 million, a year-on-year decrease of 52.33%, and a net loss of 3.19 million, indicating a shift from profit to loss [5]. Group 2: Shareholder Actions - The controlling shareholder, Guanzhong Investment, holds a 29.79% stake, while the actual controllers, Li Chunlin and Xu Jianping, hold a combined 44.24% of the shares [2]. - Recently, a significant shareholder, Yang Enguang, announced a plan to reduce his holdings by up to 207.67 million shares, which is 1.48% of the total share capital, within three months [2]. - Yang Enguang acquired a 6% stake in the company in June 2024 through a share transfer from Li Chunlin's family at a price of 8.5 yuan per share [3]. Group 3: Stock Price Movement - The stock price peaked at 47.58 yuan shortly after the IPO but has since fallen to 11.2 yuan, representing a decline of over 75% from its highest point [4][5]. - The stock has been suspended from trading since September 22, with the suspension expected to last no more than two trading days [2].

Group 1 - The core point of the article is that Guanzhong Ecological announced that investors can choose to sell their "Guanzhong Convertible Bonds" at a price of RMB 100.190 per bond, including interest and tax [1] - The closing price of the "Guanzhong Convertible Bonds" on the last trading day was higher than the repurchase price, indicating a potential loss for investors who choose to sell [1]

证券代码：300948 证券简称：冠中生态 公告编号：2025-091 债券代码：123207 债券简称：冠中转债 青岛冠中生态股份有限公司 关于"冠中转债"回售的第二次提示性公告 1、 回售价格：100.190元/张（含息、税） 2、 回售申报期：2025年9月22日至2025年9月26日 3、 发行人资金到账日：2025年10月9日 4、 回售款划拨日：2025年10月10日 5、 投资者回售款到账日：2025年10月13日 6、 回售申报期内"冠中转债"暂停转股 7、 本次回售不具有强制性，持有人有权选择是否进行回售 27日召开了第五届董事会第二次会议，并于2025年9月17日召开了202 5年第三次临时股东会和"冠中转债"2025年第一次债券持有人会议， 审议通过了《关于终止部分募投项目并将剩余募集资金投入新项目的 议案》。根据《青岛冠中生态股份有限公司向不特定对象发行可转换 公司债券募集说明书》（以下简称"《募集说明书》"）的约定，"冠 中转债"的附加回售条款生效。现将"冠中转债"回售有关事项公告 如下： 一、回售情况概述 （一）回售条款生效的原因 2025年8月27日，公司召开了第五届董事会第二次 ...