| | | 青岛冠中生态股份有限公司 第五届董事会第五次会议决议公告 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。 一、董事会会议召开情况 假记载、误导性陈述或重大遗漏。 公司董事会审计委员会审议通过了该议案。 具体内容详见公司于同日在巨潮资讯网（www.cninfo.com.cn）披露 的《2025年第三季度报告》。 表决结果：赞成9票，反对0票，弃权0票，审议通过。 2、审议通过了《关于不提前赎回"冠中转债"的议案》 青岛冠中生态股份有限公司（以下简称"公司"）第五届董事会第五 次会议于2025年10月28日以现场与通讯表决相结合的方式在公司会议室 召开，会议通知以书面、电子邮件、电话、口头等方式向全体董事发出， 考虑到本次会议的实际情况，全体董事一致同意豁免本次会议通知期限要 求。会议由董事长李春林先生召集并主持，会议应出席董事9人，亲自出 席董事9人，其中以通讯方式出席5人。部分高级管理人员列席了本次会议。 会议的召集、召开和表决程序符合《公司法》和《公司章程》的相关规定。 二、董事会会议审议情况 经与会董事认真审议，形成以下决议： 1、审议通过了《 ...

Market Overview - On October 27, the Shanghai Composite Index rose by 1.18%, with the total margin financing balance reaching 24,820.12 billion yuan, an increase of 248.22 billion yuan compared to the previous trading day [1] - The margin financing balance in the Shanghai market was 12,586.00 billion yuan, up by 117.06 billion yuan; in the Shenzhen market, it was 12,157.92 billion yuan, increasing by 130.17 billion yuan; and in the Beijing Stock Exchange, it was 76.20 billion yuan, up by 0.99 billion yuan [1] Industry Analysis - Among the industries tracked by Shenwan, 23 sectors saw an increase in financing balance, with the electronics sector leading, increasing by 95.64 billion yuan; followed by the communication and power equipment sectors, which increased by 33.81 billion yuan and 21.99 billion yuan, respectively [1] Individual Stock Performance - A total of 2,131 stocks experienced an increase in financing balance, accounting for 57.04% of the market, with 413 stocks seeing an increase of over 5% [1] - The stock with the largest increase in financing balance was Huatai Medical, with a latest financing balance of 22.55 million yuan, up by 90.44%, although its stock price fell by 13.44% on the same day [1] - Other notable stocks with significant increases in financing balance included Changjiang Nengke and Anyang Steel, with increases of 85.13% and 79.16%, respectively [1] Top Gainers and Losers - Among the top 20 stocks with the largest increase in financing balance, the average increase was 1.29%, with notable gainers including Dingtai High-Tech, Xinbang Intelligent, and Shengyi Technology, which rose by 14.70%, 12.94%, and 10.00%, respectively [2] - Conversely, the largest declines were seen in Huatai Medical, Haibo Sichuang, and Xugong Machinery, with declines of 13.44%, 11.67%, and 6.24%, respectively [2] Margin Financing Decrease - In contrast, 1,605 stocks saw a decrease in financing balance, with 189 stocks experiencing a decline of over 5% [4] - The stock with the largest decrease was Guanzhong Ecology, with a financing balance of 73.50 million yuan, down by 39.22% [5] - Other stocks with significant declines included Haomai Technology and JuJiao Co., with decreases of 35.72% and 29.87%, respectively [5]

证券日报网讯冠中生态（300948）10月23日在互动平台回答投资者提问时表示，截至2025年6月30日， 公司普通股股东总数10，179户。 ...

Group 1 - The core point of the article is that Guanzhong Ecological experienced a decline of 5.01% in its stock price, reaching 18.21 CNY per share, with a trading volume of 405 million CNY and a turnover rate of 14.70%, resulting in a total market capitalization of 2.827 billion CNY [1] - Guanzhong Ecological, established on August 30, 2000, and listed on February 25, 2021, is primarily engaged in ecological environment construction, including ecological restoration focused on vegetation recovery, urban landscaping, and municipal public works [1] - The revenue composition of Guanzhong Ecological includes comprehensive governance at 45.65%, vegetation recovery at 23.53%, municipal public works at 17.67%, landscaping at 8.58%, land remediation at 3.75%, and other services at 0.81% [1] Group 2 - From the perspective of the top ten circulating shareholders, the Noan Fund has a fund that ranks among the top shareholders of Guanzhong Ecological, specifically the Noan Multi-Strategy Mixed A fund, which entered the top ten in the second quarter with 958,100 shares, accounting for 0.73% of circulating shares [2] - The Noan Multi-Strategy Mixed A fund, established on August 9, 2011, has a latest scale of 1.399 billion CNY, with a year-to-date return of 67.31%, ranking 286 out of 8,159 in its category, and a one-year return of 82.95%, ranking 108 out of 8,030 [2] Group 3 - The fund managers of Noan Multi-Strategy Mixed A are Kong Xianzheng and Wang Haichang, with Kong having a tenure of 4 years and 332 days and a total fund asset size of 4.607 billion CNY, achieving a best return of 81.64% during his tenure [3] - Wang has a tenure of 3 years and 94 days with a fund asset size of 2.529 billion CNY, achieving a best return of 68.86% during his tenure [3]

证券日报网讯 10月21日晚间，冠中生态发布公告称，公司股票自2025年9月30日至2025年10月21日已有 10个交易日的收盘价格不低于"冠中转债"当期转股价格（即10.44元/股）的130%（即13.572元/股），如 后续公司股票收盘价格继续不低于当期转股价格的130%，预计将可能触发"冠中转债"有条件赎回条 款。根据相关规定，届时公司董事会有权决定按照债券面值加当期应计利息的价格赎回全部或部分未转 股的"冠中转债"。 （文章来源：证券日报） ...

Core Insights - Guan Zhong Ecological experienced a trading halt today with a daily turnover rate of 16.40% and a transaction volume of 496 million yuan, showing a price increase of 20.00% at the close [2] - Institutional investors net bought 13.82 million yuan, while the total net buying from brokerage seats amounted to 2.44 million yuan [2] - The stock has been on the龙虎榜 (Dragon and Tiger List) five times in the past six months, with an average price increase of 7.69% the day after being listed and an average increase of 13.45% over the following five days [2] Trading Data - The top five brokerage seats accounted for a total transaction volume of 149 million yuan, with a buying amount of 82.76 million yuan and a selling amount of 66.50 million yuan, resulting in a net buying of 16.26 million yuan [2] - Among the brokerage seats listed, four institutional specialized seats were involved, with a total buying amount of 57.94 million yuan and a selling amount of 44.12 million yuan, leading to a net buying of 13.82 million yuan [2] Fund Flow - The stock saw a net inflow of 68.55 million yuan from major funds today, with a significant single order net inflow of 100 million yuan, while large orders experienced a net outflow of 31.49 million yuan [2] - Over the past five days, the net inflow of major funds totaled 39.75 million yuan [2]

Core Insights - The infrastructure sector experienced a significant increase of 2.11% on October 21, with Guan Zhong Ecological leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Infrastructure Sector Performance - Guan Zhong Ecological (300948) saw a closing price of 22.03, with a remarkable increase of 19.99% and a trading volume of 239,400 shares, amounting to a transaction value of 496 million [1] - Hui Lv Ecological (001267) closed at 17.88, up 10.03%, with a trading volume of 663,900 shares and a transaction value of 1.156 billion [1] - Hongrun Construction (002062) closed at 11.57, up 9.98%, with a trading volume of 621,900 shares and a transaction value of 689 million [1] - Other notable performers included Pu Bang Co. (002663) with a 9.81% increase, and Tunnel Co. (600820) with a 6.38% increase [1] Capital Flow Analysis - The infrastructure sector saw a net inflow of 505 million from institutional investors, while retail investors contributed a net inflow of 38.41 million [2][3] - Major stocks like Hui Lv Ecological and China Electric Power Construction (601669) experienced significant net inflows from institutional investors, while retail investors showed a net outflow [3] - The overall capital flow indicates a mixed sentiment, with institutional investors showing confidence in certain stocks while retail investors were more cautious [2][3]

证券代码：300948 证券简称：冠中生态 公告编号：2025-110 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"预计触发赎回条件的提示性公告 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。 特别提示： 青岛冠中生态股份有限公司（以下简称"公司"）股票自2025年9月3 0日至2025年10月21日已有10个交易日的收盘价格不低于"冠中转债"当 期转股价格（即10.44元/股）的130%（即13.572元/股），如后续公司股 票收盘价格继续不低于当期转股价格的130%，预计将可能触发"冠中转债" 有条件赎回条款。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》"）及《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》中赎回条款 的相关规定，届时公司董事会有权决定按照债券面值加当期应计利息的价 格赎回全部或部分未转股的"冠中转债"。 敬请广大投资者详细了解可转换公司债券相关规定，并及时关注公司 后续公告，注意投资风险。 一、可转换公司债券基本情况 （一） ...

Core Points - The Shanghai Composite Index is at 3894.66 points, above the five-day moving average, with an increase of 0.80% [1] - The total trading volume of A-shares today is 801.82 billion [1] - A total of 1401 A-shares have surpassed the five-day moving average, indicating a positive market trend [1] Summary by Category Stock Performance - Zhongyu Technology (证券代码: 920694) has a significant increase of 29.96% with a deviation rate of 22.65% from the five-day moving average [2] - LIGONG Optical (证券代码: 300557) shows a rise of 14.88% and a deviation rate of 11.33% [2] - Guanzhong Ecology (证券代码: 300948) increased by 19.99% with a deviation rate of 11.15% [2] Trading Metrics - The trading turnover rate for Zhongyu Technology is 14.61% [2] - LIGONG Optical has a turnover rate of 5.84% [2] - Guanzhong Ecology's turnover rate stands at 15.96% [2] Moving Average Data - The five-day moving average for Zhongyu Technology is 20.44 yuan, with the latest price at 25.07 yuan [2] - LIGONG Optical's five-day moving average is 26.34 yuan, with the latest price at 29.33 yuan [2] - Guanzhong Ecology has a five-day moving average of 19.82 yuan, with the latest price at 22.03 yuan [2]

Group 1 - The core viewpoint of the news is that Guanzhong Ecology (sz300948) experienced a significant stock price increase due to strategic investments in AI, major contract wins, and alignment with the Belt and Road Initiative [1] Group 2 - Guanzhong Ecology's stock hit the daily limit with a price of 22.03 yuan, reflecting a 19.99% increase, and the total market capitalization reached 3.419 billion yuan, with a circulating market value of 3.216 billion yuan [1] - The company is undergoing a business transformation and strategic adjustment, with the new controlling shareholder, Deep Blue Whale, potentially bringing AI technology to create a "smart environmental protection" business model [1] - The company secured a significant contract worth 240 million yuan, which represents 165% of its expected revenue for 2024, indicating a substantial boost to future earnings projections over the next three years [1] - Guanzhong Ecology is diversifying its business by adding import-export and seedling breeding operations, and acquiring 51% of an AI company to explore new growth opportunities [1] - The establishment of overseas seedling bases aligns with the Belt and Road Initiative, with an annual production capacity of 3 million plants [1] - Recent market interest in the combination of environmental protection and AI has led to increased activity in related stocks, positioning Guanzhong Ecology's transformation strategy favorably within market trends [1] - On the funding side, the company was included in the "Dragon and Tiger List" on October 13, indicating institutional net buying, which reflects growing institutional interest [1] - From a technical perspective, if the stock price breaks through key resistance levels, it may attract further capital inflow, potentially driving the stock price to the limit [1]