Core Viewpoint - The legal opinion letter confirms that the procedures for convening and holding the 2025 Second Extraordinary General Meeting of Zhongman Petroleum and Natural Gas Group Co., Ltd. comply with relevant Chinese laws, regulations, and the company's articles of association [2][6][9]. Group 1: Meeting Procedures - The board of directors has made a resolution to convene the meeting and notified shareholders 15 days in advance, which is in accordance with the Company Law and the Shareholders' Meeting Rules [6][8]. - The meeting's date, time, location, and voting methods were properly communicated and adhered to the regulations [6][8]. - The company provided a network voting platform for shareholders, with voting times specified, ensuring compliance with legal requirements [6][8]. Group 2: Attendance and Voting - A total of 994 participants attended the meeting, representing 92,459,037 shares, which is 20.1933% of the total voting shares [7][8]. - The qualifications of the attendees and the convenor were verified and found to be compliant with the relevant laws and regulations [7][8]. - The total number of shares with voting rights was confirmed to be 458,344,161 shares, excluding shares held in the company's repurchase account [8]. Group 3: Voting Procedures and Results - The meeting allowed for the proposal of new motions and modifications during the voting process [9]. - The following resolutions were passed: 1. Proposal for purchasing liability insurance for the company and its directors and senior management 2. Proposal for the company's investment in the development and production projects in Iraq [9]. - The voting procedures and results were confirmed to be legal and valid, adhering to the Company Law and the Shareholders' Meeting Rules [9].

| 证券代码：601958 证券简称：金钼股份 | | | | 公告编号：2025-016 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 金堆城钼业股份有限公司 | | | | | | | | | | | | 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 | | | | | | | | | | | | 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 | | | | | | | | | | | | 重要内容提示： | | | | | | | | | | | | ? 本次会议是否有否决议案：无 | | | | | | | | | | | | 一、会议召开和出席情况 | | | | | | | | | | | | (一)股东大会召开的时间：2025 年 日 | | 6 月 24 | | | | | | | | | | (二)股东大会召开的地点：西安市高新技术产业开发区锦业一路 | | | | | 88 | 号金钼股 | | | | | | 份综合楼 A 座 ...

| 证券代码：600875 证券简称：东方电气 公告编号：2025-035 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 东方电气股份有限公司 | | | | | | | | | 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 | | | | | | | | | 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 | | | | | | | | | 重要内容提示： | | | | | | | | | ? | 本次会议是否有否决议案：有 | | | | | | | | 一、 | 会议召开和出席情况 | | | | | | | | (一)股东大会召开的时间：2025 | | 年 6 月 24 | 日 | | | | | | (二)股东大会召开的地点：中国四川省成都市高新西区西芯大道 号本公司会 | | | | 18 | | | | | 议室 | | | | | | | | | (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | | | | | | | | | 其中：A | ...

Core Viewpoint - The credit rating report for Zhangjiagang Zhonghuan Hailu High-end Equipment Co., Ltd. indicates a stable outlook, with the company benefiting from stable cooperation with overseas clients and a recovery in downstream prices and demand, although it faces challenges such as low capacity utilization and ongoing losses [3][5][7]. Company Overview - Zhangjiagang Zhonghuan Hailu High-end Equipment Co., Ltd. maintains stable cooperation with overseas clients, with foreign sales revenue increasing to 64.01% in 2024 [5][19]. - The company’s main products include bearing forgings, flange forgings, and gear ring forgings, with bearing forgings accounting for 83.36% of revenue in 2024 [16][19]. Financial Performance - The company reported a sales gross margin of -4.12% in 2024, with ongoing losses exacerbated by increased asset impairment losses and interest expenses [5][17]. - Key financial metrics for 2024 include total revenue of 5.79 billion, total debt of 5.47 billion, and a net loss of 1.54 billion [3][8]. Operational Challenges - The company faces low capacity utilization at 53.39% in 2024, with a significant amount of newly built capacity yet to be absorbed [5][20]. - High procurement concentration poses risks, as the top five suppliers account for 64.97% of total procurement, leading to limited bargaining power regarding raw material prices [6][22]. Industry Environment - The wind power equipment market is experiencing a recovery, with a projected increase in wind turbine bidding volumes and prices in 2024, which may positively impact the company’s sales [12][13]. - The overall demand for wind power equipment is expected to remain strong, driven by large-scale wind turbine projects and favorable government policies [11][12].

Core Viewpoint - The credit rating of Financial Street Holdings Co., Ltd. is maintained at AAA/stable, reflecting strong shareholder support and stable cash flow from prime properties, despite challenges in the real estate sector [2][4][6]. Company Overview - Financial Street Holdings is supported by its major shareholder, Beijing Financial Street Investment (Group) Co., Ltd., which is a significant asset management platform under the Beijing Xicheng District State-owned Assets Supervision and Administration Commission [7]. - The company primarily holds properties in the Financial Street area of Beijing, which maintains high occupancy rates and rental levels, providing stable cash flow and profits [8]. Financial Performance - As of March 2025, total assets amounted to 1,443.72 billion, with total liabilities at 1,041.62 billion, resulting in total debt of 760.14 billion [9]. - The company reported total revenue of 125.71 billion for the first quarter of 2023, with a net profit of -21.57 billion, indicating significant operational pressure [9]. - The EBITDA for the same period was -2.29 billion, reflecting challenges in maintaining profitability [9]. Market Conditions - The real estate industry is in a recovery phase, but challenges remain, including significant pressure on sales and project liquidation [4][14]. - The company faces a potential large loss in 2024, indicating substantial operational performance pressure [8]. Strategic Direction - Financial Street Holdings continues to focus on five major urban clusters, emphasizing a business model that integrates real estate development, property management, and urban renewal [15]. - The company is cautious in land acquisition, with a strategy to maintain a low ratio of land investment to annual sales [22]. Property Management - The company holds a total of 123.37 million square meters of rental properties, with a focus on office and commercial spaces in major cities [27]. - Despite a decline in rental income to 4.01 billion in early 2025, the company aims to enhance customer experience and control costs to improve property management performance [26][27]. Land Reserve and Development - As of March 2025, the company has a total planned construction area of 1,183 million square meters across 16 cities, ensuring a substantial pipeline for future development [20]. - The company’s land reserve is concentrated in key cities, with over 45% located in Huizhou, Beijing, and Tianjin [21]. Financing and Debt Management - The company maintains a diversified financing structure, with approximately 70% of interest-bearing debt sourced from bond financing, bank loans, and debt financing tools [24]. - The overall financing cost has decreased, providing a competitive advantage in the market [24].

Core Viewpoint - The company, Henan Baichuan Changyin Environmental Energy Co., Ltd., has successfully issued convertible bonds totaling RMB 420 million, with a face value of RMB 100 per bond, approved by the China Securities Regulatory Commission [3][4]. Group 1: Bond Issuance Details - The total amount of the convertible bonds issued is RMB 420 million, with 4.2 million bonds issued at a face value of RMB 100 each [3][4]. - The bonds have a term of 6 years, from February 22, 2023, to February 21, 2029, with annual interest rates starting at 0.30% in the first year and increasing to 2.80% in the sixth year [4][5]. - The bonds are listed on the Shenzhen Stock Exchange under the name "Baichang Convertible Bonds" with the code "123175" [3][4]. Group 2: Conversion and Redemption Terms - The initial conversion price for the bonds is set at RMB 28.32 per share, subject to adjustments based on stock dividends, capital increases, and other corporate actions [5][6]. - The company has the right to redeem the bonds at 112% of the face value plus the last interest payment within 5 trading days after maturity [9][10]. - Holders of the convertible bonds can sell them back to the company if the stock price falls below 70% of the conversion price during the last two interest years [10][11]. Group 3: Credit Rating and Financial Health - The credit rating agency Zhongceng Pengyuan has rated the company's credit as A+, with a stable outlook, although a subsequent report downgraded the rating to A due to worsening financial performance and liquidity risks [13][15]. - The company has sufficient credit lines with major banks, ensuring the ability to meet bond interest and principal payments [15][16].

Core Viewpoint - The report details a reduction in shareholding by Wang Peifei in Zhejiang Meida Industrial Co., Ltd., indicating a need for personal funds and outlining the current and future shareholding plans [3][4][5]. Group 1: Shareholding Changes - Wang Peifei held 35,860,026 shares, representing 5.5506% of the total share capital before the reduction [6]. - After the reduction of 3,557,500 shares, Wang Peifei now holds 32,302,526 shares, which is 4.9999% of the total share capital [6]. - The total share capital of the company is reported to be 646,051,647 shares [6]. Group 2: Purpose and Future Plans - The reason for the share reduction is attributed to Wang Peifei's personal financial needs [3]. - There are no specific plans to increase shareholding in the next 12 months, with decisions to be made based on market conditions [4][9]. Group 3: Compliance and Disclosure - The report confirms that all information disclosed is accurate and complete, with no false statements or omissions [2][8]. - Wang Peifei has not engaged in any other trading of the company's shares in the past six months [7].

证券代码：002066 证券简称：瑞泰科技 公告编号：2025-034 瑞泰科技股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 一、基本情况说明 瑞泰科技股份有限公司（以下简称"公司"或"瑞泰科技"）于 2023 年 7 月 17 日召开 2023 年第一次临时股东大会，审议通过了《关于公司向不特定对 象发行可转换公司债券方案的议案》及《关于提请股东大会授权董事会及其授权 人士全权办理本次向不特定对象发行可转换公司债券相关事宜的议案》等相关议 案。根据上述决议，公司本次向不特定对象发行可转换公司债券方案（以下简称 "本次发行"）的股东大会决议有效期及股东大会对董事会授权有效期为公司 年 7 月 17 日至 2024 年 7 月 16 日。 于延长公司向不特定对象发行可转换公司债券股东大会决议有效期的议案》及 《关于提请股东大会延长授权董事会及其授权人士全权办理本次向不特定对象 发行可转换公司债券相关事宜授权有效期的议案》。根据上述决议，公司本次发 行的股东会决议有效期及股东会对董事会授权有效期自原有效期延长 ...

山东赫达集团股份有限公司 公开发行可转换公司债券 www.lhratings.com 联合〔2025〕5019 号 联合资信评估股份有限公司通过对山东赫达集团股份有限公司 主体及其相关债券的信用状况进行跟踪分析和评估，确定维持山东 赫达集团股份有限公司主体长期信用等级为 AA-，维持"赫达转债" 信用等级为 AA-，评级展望为稳定。 特此公告 联合资信评估股份有限公司 评级总监： 二〇二五年六月二十四日 声 明 一、本报告是联合资信基于评级方法和评级程序得出的截至发表之日 的独立意见陈述，未受任何机构或个人影响。评级结论及相关分析为联合 资信基于相关信息和资料对评级对象所发表的前瞻性观点，而非对评级对 象的事实陈述或鉴证意见。联合资信有充分理由保证所出具的评级报告遵 循了真实、客观、公正的原则。鉴于信用评级工作特性及受客观条件影响， 本报告在资料信息获取、评级方法与模型、未来事项预测评估等方面存在 局限性。 二、本报告系联合资信接受山东赫达集团股份有限公司（以下简称 "该公司"）委托所出具，除因本次评级事项联合资信与该公司构成评级 委托关系外，联合资信、评级人员与该公司不存在任何影响评级行为独立、 客观、公正 ...

证券代码：001317.SZ 证券简称：三羊马 债券代码：127097.SZ 债券简称：三羊转债 申港证券股份有限公司 关于三羊马(重庆)物流股份有限公司向不特定对象 发行可转换公司债券 第一次临时受托管理事务报告 （2025 年度） 债券受托管理人 二〇二五年六月 声 明 本报告依据《公司债券发行与交易管理办法》（以下简称"《管理办法》"）、 《三羊马（重庆）物流股份有限公司公开发行可转换公司债券之受托管理协议》 （以下简称"《受托管理协议》"）、《三羊马（重庆）物流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》"）等相关公 开披露文件、第三方中介机构出具的专业意见等，由本次债券受托管理人申港 证券股份有限公司（以下简称"申港证券"）编制。申港证券对本报告中所包含 的从上述文件中引述的内容和信息未进行独立验证，也不就该等引述内容和信 息的真实性、准确性和完整性做出任何保证或承担任何责任。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相 关事宜做出独立判断，而不应将本报告中的任何内容据以作为申港证券所作的 承诺或声明。在任何情况下，投资者依据本报告所进行的 ...