Core Viewpoint - The company Biaobang Co., Ltd. has announced the termination of its planned change of control after failing to reach an agreement on key terms with the transaction parties, leading to the resumption of its stock trading on November 7 [1] Group 1: Control Change Announcement - On October 30, the company received a notification from its controlling shareholder, Jiangyin Biaobang Network Technology Co., Ltd., and actual controller Zhao Qi regarding a potential change of control [1] - The stock was suspended from trading starting October 31 due to this announcement [1] - The company stated that the failure to reach an agreement on core terms with the transaction parties led to the decision to terminate the change of control [1] Group 2: Impact on Operations - The company confirmed that the termination of the control change will not have a significant adverse impact on its operational performance and financial status [1] - The current operational conditions of the company remain normal despite the termination of the planned control change [1]

Core Viewpoint - The company announced the termination of the control change plan, stating that it will not have a significant adverse impact on its operational performance and financial status [1][4]. Group 1: Control Change Termination - The termination of the control change plan was due to the failure of the controlling shareholder, Biaobang Network, and the actual controller, Zhao Qi, to reach an agreement on certain core terms with the transaction counterparties [4]. - The decision to terminate the control change plan was made after careful consideration of all parties' opinions and in the interest of protecting the company's and all shareholders' interests [4]. - No substantial agreement was signed by the relevant transaction parties regarding the specific plan, and there is no breach of contract liability for terminating this transaction [4]. Group 2: Company Operations - The company reported that its current operational conditions remain normal despite the termination of the control change plan [4]. - The stock of the company was suspended from trading since October 31, and it closed at 51.2 yuan with a 1.47% increase on October 30 [5].

11月6日晚间，标榜股份公告，公司控股股东标榜网络、实控人赵奇及其他相关方决定 终止控制权变 更事项。公司目前各项经营情况正常，终止筹划本次控制权变更事项不会对公司经营业绩和财务状况产 生重大不利影响，公司股票自2025年11月7日（星期五）上午开市起复牌。 根据公告，本次筹划控制权变更事项终止原因为：公司控股股东标榜网络、实际控制人赵奇先生及其他 相关方与交易对方就某些核心条款未能达成一致意见，在认真听取各方意见并与交易对方协商一致后， 为切实维护公司全体股东及公司利益，本着审慎的原则，决定终止本次控制权变更事项。 公告称，相关交易方未就本次交易具体方案最终签署实质性协议，对终止本次交易无需承担违约责任。 公司目前各项经营情况正常，终止筹划本次控制权变更事项不会对公司经营业绩和财务状况产生重大不 利影响。 标榜股份于 10月31日起停牌，截至10月30日收盘，该股涨1.47%，报51.2元。 编辑｜钉钉 ...

Corporate Governance - China Aluminum announced the election of He Wenjian as chairman and the appointment of Zhang Ruizhong as general manager, effective immediately [3] - Jiang Guiting, the actual controller and chairman of Jingjin Equipment, has had his detention lifted, allowing him to resume his duties [8] - Biao Bang Co. has terminated its plans for a change in control, with stock resuming trading [7] Industry Developments - Jiangbolong reported that its self-developed main control chip deployment has exceeded 100 million units, with rapid growth expected [4] - Asia Pacific Pharmaceutical received a notice of disapproval for its consistency evaluation application for a drug, which will not significantly impact its current performance [5] - Fuxiang Pharmaceutical successfully passed a cGMP inspection by the FDA, marking its third successful inspection [6] - Huahai Pharmaceutical's subsidiary passed an FDA inspection, enhancing its international market capabilities [13] Financial Performance - Daqin Railway reported a cargo transport volume of 32.51 million tons in October 2025, a year-on-year decrease of 4.7% [18] - Jingji Zhino achieved sales revenue of 317 million yuan from selling 233,300 pigs in October 2025 [19] - Baiyun Airport reported a passenger throughput of 7.64 million in October 2025, a year-on-year increase of 12.04% [20] - Dongfeng Motor's total vehicle production in October 2025 was 6,536 units, a year-on-year decrease of 23.40% [21] - Hongyang Real Estate reported a contract sales amount of 202 million yuan in October 2025 [22] Shareholder Actions - Xintonglian announced that a shareholder plans to reduce its stake by up to 3% [24] - Tonghua Dongbao conducted its first share buyback, acquiring 143,500 shares for 1.29 million yuan [25] - Guoci Materials plans to repurchase shares worth 100 million to 200 million yuan at a price not exceeding 30 yuan per share [26] Project Wins - Dayu Water-saving announced a pre-bid win for a 310 million yuan water conservancy project in Hainan [28] - Zhongjian Technology signed a significant sales contract worth 563 million yuan [29] - Longjian Co. won a project bid worth 441 million yuan for road construction in Heilongjiang [30] - Chongqing Construction's subsidiary won a project bid worth 781 million yuan for a residential project in Chongqing [31]

标榜股份(301181.SZ)公告，公司此前于2025年10月30日收到公司控股股东江阴标榜网络科技有限公司 ("标榜网络")、实际控制人赵奇先生及其他相关方的通知，其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、实际控制人发生变更。截至本公告披露日，公司控股股东标榜网络、实际控 制人赵奇先生及其他相关方与交易对方就某些核心条款未能达成一致意见，在认真听取各方意见并与交 易对方协商一致后，决定终止本次控制权变更事项。公司股票自2025年11月7日(星期五)上午开市起复 牌。 ...

Core Viewpoint - The company, Biaobang Co., Ltd. (301181.SZ), announced that it received a notification regarding a potential change in control from its controlling shareholder, Jiangyin Biaobang Network Technology Co., Ltd., and its actual controller, Mr. Zhao Qi. However, the discussions regarding key terms with the counterparties did not reach an agreement, leading to the termination of the control change process [1]. Group 1 - The company was informed about a potential change in control involving its major shareholder and actual controller [1]. - Discussions regarding the control change did not result in consensus on key terms among the involved parties [1]. - The company’s stock will resume trading on November 7, 2025, following the termination of the control change matter [1].

停牌期间，相关各方积极推进本次交易的各项工作，因整体方案仍在协商， 交易各方尚未签署正式协议，公司预计无法于 2025 年 11 月 4 日（星期二）上午 开市起复牌。鉴于上述事项尚在筹划中，存在不确定性。为保证公平信息披露， 避免公司股价异常波动，维护广大投资者利益，根据《深圳证券交易所上市公司 自律监管指引第 6 号——停复牌》相关规定，经公司向深圳证券交易所申请，公 司股票（股票简称：标榜股份，股票代码：301181）自 2025 年 11 月 4 日（星期 二）上午开市起继续停牌，预计停牌时间不超过 3 个交易日。具体内容详见公司 于 2025 年 11 月 4 日刊登在巨潮资讯网（www.cninfo.com.cn）上的《关于筹划控 制权变更事项的进展暨继续停牌的公告》（公告编号：2025-065）。 证券代码：301181 证券简称：标榜股份 公告编号：2025-067 江阴标榜汽车部件股份有限公司 关于终止筹划控制权变更事项暨复牌的公告 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。 特别提示： 1、公司股票（股票简称：标榜股份，股票代码：301 ...

Core Viewpoint - The company has decided to terminate the control change transaction due to the inability to reach consensus on key terms with the counterparties, ensuring the interests of all shareholders are maintained [1] Group 1: Transaction Details - The controlling shareholder, Biaobang Network, and actual controller Zhao Qi, along with other related parties, could not agree on certain core terms of the transaction [1] - No substantial agreement was signed by the counterparties regarding the specific transaction plan, and therefore, no breach of contract liability arises from the termination [1] Group 2: Company Operations - The company's operational status remains normal despite the termination of the control change transaction [1] - The termination will not have a significant adverse impact on the company's operating performance and financial condition [1] Group 3: Future Strategy - The company will continue to focus on its development strategy, emphasizing sustainable growth and enhancing profitability to create value for the company and its shareholders [1] - The company's stock will resume trading on November 7, 2025 [1]

人民财讯11月6日电，标榜股份（301181）11月6日公告，公司控股股东标榜网络、实控人赵奇及其他相 关方决定终止控制权变更事项。公司目前各项经营情况正常，终止筹划本次控制权变更事项不会对公司 经营业绩和财务状况产生重大不利影响，公司股票自2025年11月7日(星期五)上午开市起复牌。 ...

Core Insights - Chinese agricultural machinery companies are making significant breakthroughs in the global market, showcasing their innovative capabilities in non-traditional applications [1] - The export of Chinese agricultural machinery products has shown a positive trend, with a total export value of $13.86 billion in the first nine months of the year, marking a year-on-year increase of 26.5% [2] - The demand for Chinese agricultural machinery is expanding in various markets, including grain processing and poultry farming, with exports reaching $1.07 billion, a 40% increase year-on-year [3] Group 1: Export Performance - In the first nine months, the export value of agricultural machinery equipment reached $9.83 billion, up 34.4% year-on-year, accounting for 70.9% of total exports [2] - The export value of horticultural and forage machinery was $3.44 billion, reflecting a 37% increase, with significant growth in markets such as Germany, the Netherlands, and India [2] - The export of agricultural vehicles reached $3.08 billion, a 23.5% increase, with strong demand from South America and Oceania [3] Group 2: Market Expansion Strategies - Chinese agricultural machinery companies are actively expanding their international markets through product innovation, collaboration, and improved after-sales service [4] - The YTO tractor was optimized for beach cleaning tasks in Saudi Arabia, demonstrating its capability in challenging environments [4] - In the UK, Zoomlion adapted its equipment to meet local market demands, enhancing comfort and operational efficiency [4] Group 3: Collaborative Efforts - Collaboration between companies, such as the partnership between YTO and Sinomach, has led to successful international market expansion, delivering over 400 YTO tractors to users in various regions [5] - Strengthening partnerships has resulted in complementary advantages and enhanced overall competitiveness in the global market [5] Group 4: After-Sales Service and Training - Comprehensive after-sales service and technical training have been crucial for Chinese agricultural machinery companies in expanding their international presence [6] - YTO has sent service teams abroad for training dealers in countries like Nigeria and Uzbekistan, enhancing customer satisfaction and loyalty [6] - Innovative training methods for cotton picker operators in Uzbekistan have improved local skills and contributed to the competitiveness of Chinese agricultural machinery [6]