昇兴股份:决定退出参与发起设立海峡人寿且不对海峡人寿进行投资入股

Core Viewpoint - The company, Shengxing Group Co., Ltd., has decided to withdraw from participating in the establishment of Haixia Life Insurance Co., Ltd., citing changes in the investment environment and a focus on its core business development [1][4]. Group 1: Announcement Details - On December 31, 2025, the company held its 18th meeting of the fifth board of directors, where the proposal to withdraw from the establishment of the insurance company was approved with 7 votes in favor, 0 against, and 0 abstentions [1][4]. - The company will not invest in Haixia Life Insurance and has not made any actual contributions to it as of the announcement date [1][5]. Group 2: Reasons for Withdrawal - The company noted that Haixia Life has been in the approval process since August 2016 and has not yet received approval from the National Financial Regulatory Administration [1][5]. - The initial conditions for the investment assessment have changed significantly, prompting the company to reconsider its involvement in light of recent macroeconomic and financial policy changes [1][5]. - The decision aims to optimize resource allocation and focus on the company's main business development [1][5]. Group 3: Company Background - Shengxing Group was established in 1992 and is headquartered in Fuzhou Economic and Technological Development Zone, specializing in the food and beverage industry [2]. - The company operates as a multifunctional, composite group listed enterprise, involved in metal packaging production, beverage filling, marketing services, equipment R&D, supply chain services, and industrial services [2].

Sunrise Company-昇兴股份:决定退出参与发起设立海峡人寿且不对海峡人寿进行投资入股 - Reportify