Group 1: Trade and Economic Development - He Lifeng emphasized the need to continuously promote the quality and efficiency of foreign trade, improve high-standard logistics systems, and support high-quality development in manufacturing [1] - The Ministry of Commerce aims to guide localities in transitioning second-hand car exports from "scale growth" to "value growth," enhancing product diversity for global consumers [1] - The Ministry of Housing and Urban-Rural Development highlighted the importance of urban renewal to support high-quality living and new industries [1] Group 2: Market and Financial Updates - The initial public offering (IPO) price for Moer Technology is set at 114.28 yuan per share, with a total market value of approximately 53.715 billion yuan [1] - The Asian Infrastructure Investment Bank (AIIB) has approved Colombia's membership, increasing its total membership to 111, covering 81% of the world's population and 65% of global GDP [1] - The Guangzhou Futures Exchange announced adjustments to trading fees and limits for lithium carbonate futures starting November 24, 2025 [1] Group 3: Corporate Announcements - Yiwei Lithium Energy signed a procurement framework agreement with Simor International [6] - Chuangyin High-Tech received a tender offer from Zhongzhong Group to acquire 20% of its shares at 11.85 yuan per share [6] - Lek Electric plans to transfer 90% of its precision machinery shares for 235 million yuan [6]

Shareholding Changes - Changshu Bank's executives plan to collectively increase their holdings by no less than 550,000 shares [1] - TuoJing Technology's major shareholder, the National Integrated Circuit Fund, intends to reduce its stake by up to 843,490 shares, representing no more than 3% of the total share capital [2] - LongXun Co., Ltd. announces that two shareholders plan to reduce their holdings by a combined maximum of 2.63% [3] - HuaYa Intelligent's shareholders plan to reduce their holdings by no more than 399,210 shares, accounting for 2.98% of the total share capital [4] Mergers and Acquisitions - Dongfang Yuhong's wholly-owned subsidiary plans to invest approximately 1.08 billion Brazilian Reais (about 144 million RMB) to acquire 60% of Brazil's Novakem, a leading supplier of cement additives and concrete admixtures [5] - Junting Hotel has signed an agreement to acquire the remaining 21% stake in Junlan Management for 79.8 million RMB, resulting in full ownership [6] - HuDian Co., Ltd. intends to purchase 15% of Shengwei Strategy for 1,909,100 Euros, increasing its ownership from 84% to 99% [7] Risk Matters - Wenfeng Co., Ltd. reports that its Deputy General Manager, Qin Guofen, is under investigation and has been placed under detention, although this matter is personal and will not significantly impact the company's operations [8]

Core Points - Pingtan Development and Haixia Innovation have completed their suspension review and will resume trading on November 21, 2025 [1][2] - Eddy Precision and Hangcai Co. plan to repurchase shares [3] - Wenfeng Co.'s deputy general manager has been placed under investigation [4] - Kesi Co. has undergone a change in its actual controller [6][7] - Major events include the completion of restructuring investments by *ST Lian Shi and acquisitions by Jun Ting Hotel and Lek Electric [8][9] Group 1: Resumption of Trading - Pingtan Development's stock will resume trading on November 21, 2025, after confirming no significant changes in its operations or undisclosed major matters [1] - Haixia Innovation's stock will also resume trading on November 21, 2025, with similar confirmations regarding its operational status [2] Group 2: Share Repurchase Plans - Eddy Precision plans to repurchase shares with a total amount between 100 million and 200 million yuan, at a price not exceeding 27 yuan per share [3] - Hangcai Co. intends to repurchase shares using excess funds, with a total amount between 50 million and 100 million yuan, at a price not exceeding 80 yuan per share [3] Group 3: Investigations and Changes in Management - Wenfeng Co.'s deputy general manager, Qin Guofen, is under investigation, but the company states this will not significantly impact its operations [4] - Kesi Co. has changed its actual controller from Zhou Jiuqing and Zhou Xuming to Zhou Xuming alone following the death of Zhou Jiuqing [6][7] Group 4: Major Events - *ST Lian Shi has received a total of 1.238 billion yuan in restructuring investments from all investors [8] - Jun Ting Hotel has agreed to acquire the remaining 21% stake in Junlan Management for 79.8 million yuan, making it a wholly-owned subsidiary [9] - Lek Electric plans to transfer 90% of its subsidiary's equity to Chuangyuan Resources, with a target valuation of 235 million yuan [9]

Core Viewpoint - Junting Hotel (301073) announced on November 20 that it plans to acquire the remaining 21% equity of Junlan Management for a price of 79.8 million yuan, which will result in the company holding 100% equity of Zhejiang Junlan Hotel Management Co., Ltd. This acquisition marks a deepening phase of integration for the "Junlan" brand system and further solidifies the company's strategic leading position in the mid-to-high-end hotel management service sector [1]. Group 1 - The acquisition price for the remaining 21% equity is 79.8 million yuan [1] - After the acquisition, Junting Hotel will own 100% of Zhejiang Junlan Hotel Management Co., Ltd. [1] - This transaction signifies a deeper integration of the "Junlan" brand system [1] Group 2 - The acquisition strengthens the company's strategic position in the mid-to-high-end hotel management service industry [1]

Core Viewpoint - The company has approved a cash acquisition of the remaining 21% equity in its subsidiary, Junlan Management, for a total price of 79.8 million yuan, which will result in the company owning 100% of Zhejiang Junlan Hotel Management Co., Ltd. [1] Group 1 - The company's board of directors has passed a resolution regarding the acquisition of minority equity in its subsidiary [1] - The acquisition agreement was signed on November 20, 2025, with Hangzhou Zilan Hotel Management Partnership (Limited Partnership), Wang Jianping, and Chen Huihui [1] - The purchase price for the 21% equity is based on an assessment report and was determined through negotiations among the parties involved [1] Group 2 - Upon completion of the transaction, the target company will become a wholly-owned subsidiary of the company [1]

智通财经APP讯，君亭酒店(301073.SZ)公告，公司董事会审议通过了《关于现金收购控股子公司少数股 权的议案》，同意公司收购君澜管理剩余的21%股权。公司与杭州子澜酒店管理合伙企业(有限合伙)、 王建平、陈慧慧于2025年11月20日签订了《关于浙江君澜酒店管理有限公司21%股权之股权收购协 议》，各方同意以评估报告的评估值为基础，经交易各方协商确定，君澜管理21%股权的收购价格为 7980万元。交易完成后，公司将持有浙江君澜酒店管理有限公司100%股权，标的公司将成为公司全资 子公司。 ...

格隆汇11月20日丨君亭酒店(301073.SZ)公布，公司于2025年11月20日召开第四届董事会第八次会议， 审议通过了《关于现金收购控股子公司少数股权的议案》，同意公司收购君澜管理剩余的21%股权。公 司与杭州子澜酒店管理合伙企业（有限合伙）、王建平、陈慧慧于2025年11月20日签订了《关于浙江君 澜酒店管理有限公司21%股权之股权收购协议》，各方同意以评估报告的评估值为基础，经交易各方协 商确定，君澜管理21%股权的收购价格为7,980.00万元，其中，杭州子澜酒店管理合伙企业（有限合 伙）持有的君澜管理10.00%股权的交易对价为3,800.00万元；王建平持有的君澜管理10.00%股权的交易 对价为3,800.00万元；陈慧慧持有的君澜管理1.00%股权的交易对价为380.00万元。收购资金来源为自有 资金，本次交易完成后，公司将持有浙江君澜酒店管理有限公司100%股权，标的公司将成为公司全资 子公司。 ...

Group 1 - The core point of the article is that Junting Hotel announced a board meeting to discuss the cash acquisition of minority stakes in its subsidiary [1] - The meeting took place on November 20, 2025, in Hangzhou, Zhejiang Province, combining in-person and communication methods [1] - For the first half of 2025, Junting Hotel's revenue composition was entirely from hotel operations and management, accounting for 100% [1] Group 2 - As of the report, Junting Hotel has a market capitalization of 4.6 billion yuan [1]

证券代码：301073 证券简称：君亭酒店 公告编号：2025-034 君亭酒店集团股份有限公司 关于现金收购控股子公司少数股权的公告 本公司全体董事、高级管理人员保证公告内容的真实、准确和完整，并对公 告中的虚假记载、误导性陈述或者重大遗漏承担责任。 一、交易概述 君亭酒店集团股份有限公司（以下简称"公司"或"君亭酒店"）于 2022 年 1 月 21 日召开第三届董事会第六次会议、第三届监事会第五次会议，并于 2022 年 2 月 10 日召开公司 2022 年第一次临时股东大会，分别审议通过了《关于变更 部分募集资金用途用于收购公司股权和商标的议案》《关于现金收购公司股权和 商标的议案》，同意以 14,000.00 万元收购浙江君澜酒店管理有限公司（以下简称 "君澜管理"或"标的公司"）79%股权、景澜酒店投资管理有限公司 70%股权 以及"君澜"系列商标。具体内容详见公司于 2022 年 1 月 22 日在巨潮资讯网 （http://www.cninfo.com.cn）披露的《关于变更部分募集资金用途用于收购公司 股权和商标的公告》（公告编号：2022-003）、《关于现金收购公司股权和商标的 公告》 ...

第四届董事会第八次会议决议公告 本公司全体董事、高级管理人员保证公告内容的真实、准确和完整，并对公 告中的虚假记载、误导性陈述或者重大遗漏承担责任。 一、董事会会议召开情况 君亭酒店集团股份有限公司（以下简称"公司"）第四届董事会第八次会议 于 2025 年 11 月 20 日（星期四）在浙江省杭州市西湖区紫宣路 18 号浙谷深蓝中 心 3 号楼以现场结合通讯的方式召开。会议通知已于 2025 年 11 月 13 日通过邮 件的方式送达各位董事。本次会议应出席董事 8 人，实际出席董事 8 人。 证券代码：301073 证券简称：君亭酒店 公告编号：2025-033 君亭酒店集团股份有限公司 具体内容详见公司同日于巨潮资讯网（http://www.cninfo.com.cn）披露的《关 于现金收购控股子公司少数股权的公告》。 表决结果：8 票同意，0 票反对，0 票弃权。 三、备查文件 1、 第四届董事会第八次会议决议。 特此公告。 会议由董事长朱晓东主持，高管列席。会议召开符合有关法律、法规、规 章和《公司章程》的规定。经各位董事认真审议，会议形成了如下决议： 二、董事会会议审议情况 （一）审议通过《关于现 ...