北京德恒（兰州）律师事务所 关于《兰州兰石重型装备股份有限公司 收购报告书》的 法律意见书 北京德恒律师事务所 DeHeng Law Offices 甘肃省兰州市城关区雁园路 601 号商会大厦 A 座 15 层 电话: 0931-8260111 邮编: 730000 . 北京德恒 (兰州) 律师事务所 关于《兰州兰石重型装备股份有限公司收购报告书》的法律意见书 录 目 | 释 义 | | --- | | 正 文. | | 一、收购人的基本情况 . | | 二、收购决定及收购目的 | | 三、本次收购的方式及相关收购协议 . | | 四、本次收购资金来源 | | 五、免于发出要约的情况…………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… 15 | | 六、后续计划…………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… ...

华龙证券股份有限公司 关于 财务顾问报告 财务顾问 二〇二五年九月 兰州兰石重型装备股份有限公司 收购报告书 之 | | | 华龙证券股份有限公司 收购报告书之财务顾问报告 本声明所述词语或简称与本财务顾问报告"释义"所述词语或简称具有相同 的含义。依据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司收 购管理办法》《公开发行证券的公司信息披露内容与格式准则第 16 号——上市公 司收购报告书》及其他相关法律、法规、部门规章和规范性文件的规定，华龙证 券股份有限公司按照证券行业公认的业务标准、道德规范，本着诚实信用、勤勉 尽责的精神，对本次收购的相关情况和资料进行了核查，对《兰州兰石重型装备 股份有限公司收购报告书》所披露的内容出具财务顾问报告。为使相关各方恰当 地理解和使用本财务顾问报告，本财务顾问特作出如下声明： 释义 除非特别说明，以下简称在本财务顾问报告书中有如下特定含义： | 本报告书、本财务顾问报告书 | 指 | 《华龙证券股份有限公司关于兰州兰石重型装备 | | --- | --- | --- | | | | 股份有限公司收购报告书之财务顾问报告》 | | 华龙证券、财务顾问、本财务顾 ...

Core Viewpoint - The Shanghai Composite Index is currently above the six-month moving average, with a slight decline of 1.04% and a total trading volume of 1.262 trillion yuan [1] Group 1: Market Performance - As of 10:29 AM today, the Shanghai Composite Index stands at 3788.76 points, indicating a trading volume of 12,621.13 million yuan [1] - There are 13 A-shares that have surpassed the six-month moving average today, with notable stocks including Air China Ocean, Guisheng Co., and Samsung Medical, showing divergence rates of 4.09%, 2.35%, and 1.79% respectively [1] Group 2: Individual Stock Analysis - The top three stocks with the highest divergence rates are: - Air China Ocean (Code: 833171) with a price increase of 4.78%, a turnover rate of 10.78%, a six-month moving average of 10.52 yuan, and a latest price of 10.95 yuan, resulting in a divergence rate of 4.09% [1] - Guisheng Co. (Code: 600992) with a price increase of 4.08%, a turnover rate of 5.15%, a six-month moving average of 14.45 yuan, and a latest price of 14.79 yuan, resulting in a divergence rate of 2.35% [1] - Samsung Medical (Code: 601567) with a price increase of 4.73%, a turnover rate of 2.47%, a six-month moving average of 23.27 yuan, and a latest price of 23.69 yuan, resulting in a divergence rate of 1.79% [1]

Core Insights - Gansu Province's electricity generation reached 168.2 billion kWh in April 2025, marking a year-on-year increase of 5.3% [1] - From January to April 2025, Gansu's total electricity generation was 724.3 billion kWh, with a year-on-year growth of 5.2% [1] Generation Breakdown - Thermal power generation accounted for 407.2 billion kWh, representing 56.2% of total generation, with a year-on-year increase of 3.6% [1] - Hydropower generation was 64.8 billion kWh, making up 8.9% of total generation, but saw a decline of 4% year-on-year [1] - Wind power generation reached 160.2 billion kWh, which is 22.1% of total generation, with a year-on-year growth of 11.3% [1] - Solar power generation was 92.17 billion kWh, constituting 12.7% of total generation, with a year-on-year increase of 9.3% [1] Statistical Context - The report's data is based on large-scale industrial enterprises, defined as those with annual main business revenues of 20 million yuan or more [1] - The methodology for calculating year-on-year growth rates is adjusted annually to ensure comparability with previous years [2]

Investment Rating - The industry rating is "Outperform the Market" [7][16] Core Insights - Oklo, a key player in the Small Modular Reactor (SMR) sector, saw a significant stock increase of 63.5% over the week, driven by a surge in investment interest in SMR technology [3][4] - The demand for energy is expected to rise dramatically, with projections indicating that by 2035, the total computing power in society may increase by 100,000 times, leading to a substantial rise in electricity consumption from data centers [4] - SMRs are characterized by their inherent safety, lower investment requirements, rapid returns, flexible deployment, and wide application scenarios, making them a promising energy solution for the growing needs of data centers and AI [5] Summary by Sections Investment Opportunities - Companies to watch include: 1. Jingye Intelligent: Collaborating with Zhejiang University on micro-reactor/SMR technology, showing significant growth potential in the context of global AI demand and energy transition [5] 2. Jiadian Co.: Leading in the nuclear power sector with its helium fan as the only power device for the fourth-generation high-temperature gas-cooled reactor [5] 3. Guoguang Electric: Key components for the ITER project [5] 4. Lanshi Heavy Industry: Covers upstream nuclear fuel systems, midstream nuclear power plant equipment, and downstream spent fuel processing [5] 5. Kexin Electromechanical: Producing high-temperature gas-cooled reactor products and replacing imports with new fuel transport containers [5] 6. Hailu Heavy Industry: Services for various reactor types including third and fourth generation reactors [5] 7. Jiangsu Shentong: Secured over 90% of orders for nuclear-grade valves in new nuclear power projects [5]

Group 1: Company Overview - Lanzhou Lanshi Heavy Equipment Co., Ltd. is located in Lanzhou New District, Gansu Province, and was established on October 22, 2001, with its listing date on October 9, 2014 [2] - The company's main business includes traditional energy chemical equipment, new energy equipment, industrial intelligent equipment, and energy-saving and environmental protection equipment, with revenue composition as follows: traditional energy equipment 50.98%, metal new materials 16.65%, engineering general contracting 12.09%, energy-saving and environmental protection equipment 8.59%, industrial intelligent equipment 6.49%, new energy equipment 4.13%, technical services 0.70%, and others 0.37% [2] - The company belongs to the mechanical equipment industry, specifically specialized equipment for energy and heavy equipment, and is involved in sectors such as solar thermal power, nuclear pollution prevention, aerospace military industry, nuclear fusion, and coal chemical [2] Group 2: Financial Performance - As of June 30, 2025, Lanzhou Lanshi Heavy Equipment achieved operating revenue of 2.832 billion yuan, a year-on-year increase of 13.63%, while the net profit attributable to shareholders decreased by 22.29% to 54.4292 million yuan [2] - The company has distributed a total of 256 million yuan in dividends since its A-share listing, with no dividends distributed in the past three years [3] Group 3: Stock Performance and Market Activity - On September 19, the stock price of Lanzhou Lanshi Heavy Equipment increased by 2.07%, reaching 7.88 yuan per share, with a trading volume of 83.7498 million yuan and a turnover rate of 0.82%, resulting in a total market capitalization of 10.294 billion yuan [1] - Year-to-date, the stock price has risen by 44.59%, with a 2.74% increase over the last five trading days, and no change over the last 20 days [1] - The company has appeared on the trading leaderboard six times this year, with the most recent appearance on April 21, where the net buying on that day was 16.2724 million yuan [1]

据兰石重装消息，9月16日，兰石重装与上海电气上重铸锻有限公司签订合作框架协议，双方将围绕金 属新材料研发、智能金属压延装备制造及中大型铸锻件产业化应用等展开深度合作。 ...

Mergers and Acquisitions - Anhui Heli plans to acquire 51% stake in Jianghuai Heavy Industry [1] Share Buybacks and Equity Transfers - Gansu Guotou will receive 90% stake in Lanshi Group for free, becoming the indirect controlling shareholder [2] - Jian Sheng Group intends to repurchase shares worth between 150 million to 300 million RMB, with a maximum repurchase price of 14.69 RMB per share [3] - Goodway adjusts the maximum repurchase price from 53 RMB per share to 70 RMB per share [4] - Shareholder Lu Tichao plans to transfer 1.7 million shares, accounting for 2.0038% of the total share capital [5] - Zhengqiang shares' controlling shareholder will transfer 8.9% of shares [6] - Heyuan Gas plans to repurchase and cancel 45,000 restricted shares [7] External Investments and Daily Operations - Neusoft Group received a notification for a project involving a total amount of approximately 5.6 billion RMB for supplying intelligent cockpit domain controllers [8] - Fulian Precision's subsidiary received a 1.5 billion RMB advance payment from CATL to secure the supply of lithium iron phosphate [9] - Jian Sheng Group plans to invest 180 million RMB in a project to produce 60 million pairs of mid-to-high-end cotton socks and 30 million pieces of clothing in Vietnam [10] - Fengshan Group signed a technology development contract with Tsinghua University for the development of sodium-ion battery electrolytes and solid-state lithium-ion battery electrolytes [11] - Palm Holdings won a bid for a high-standard farmland construction project worth 433 million RMB [12] - Heng Rui Medicine's subsidiary received clinical trial approval for SHR-1139 injection [11] - Huaxiang plans to issue convertible bonds to raise no more than 1.308 billion RMB for core component capacity enhancement and industrial chain extension projects [12] - Shentong Express reported August express service revenue of 4.434 billion RMB, a year-on-year increase of 14.47%, with a business volume of 2.147 billion tickets, up 10.92% year-on-year [12] - YTO Express reported August express product revenue of 5.39 billion RMB, a year-on-year increase of 9.82%, with a business volume of 2.511 billion tickets, up 11.08% year-on-year [12]

兰州兰石重型装备股份有限公司 收购报告书摘要 上市公司名称：兰州兰石重型装备股份有限公司 股票上市地点：上海证券交易所 股票简称：兰石重装 股票代码：603169 收购人名称：甘肃省国有资产投资集团有限公司 住所：甘肃省兰州市七里河区瓜州路 4800 号 通讯地址：甘肃省兰州市七里河区瓜州路 4800 号 签署日期：二〇二五年九月 兰州兰石重型装备股份有限公司 收购报告书摘要 收购人声明 本声明所述词语或简称与本报告书摘要"释义"所述词语或简称具有相同的 含义。 一、本报告书摘要系收购人依据《中华人民共和国公司法》《中华人民共和 国证券法》《上市公司收购管理办法》《公开发行证券的公司信息披露内容与格 式准则第 16 号——上市公司收购报告书》及其他相关法律、法规、部门规章和 规范性文件的规定编写。 二、依据上述法律、法规、部门规章和规范性文件的规定，本报告书摘要已 全面披露收购人在上市公司中拥有权益的股份情况。截至本报告书摘要签署日， 除本报告书摘要披露的持股信息外，收购人没有通过任何其他方式在上市公司拥 有权益。 三、收购人签署本报告书摘要已获得必要的授权和批准，其履行亦不违反收 购人章程或内部规则中的任何 ...

证券代码：603169 证券简称：兰石重装 公告编号：临 2025-080 兰州兰石重型装备股份有限公司 关于控股股东国有股权无偿划转的进展公告 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。 兰州兰石重型装备股份有限公司（以下简称"公司"）于 2025 年 9 月 12 日 收到控股股东兰州兰石集团有限公司（以下简称"兰石集团"）《关于省政府国资 委将所持兰石集团有限公司股权无偿划转甘肃省国有资产投资集团有限公司的 告知函》，按照《省政府国资委关于将所持兰州兰石集团有限公司股权无偿划转 甘肃省国有资产投资集团有限公司的通知》（甘国资发产权[2025]140 号），甘肃 省人民政府国有资产监督管理委员会（以下简称"省政府国资委"）拟将其持有 的兰石集团 90%股权无偿划转至甘肃省国有资产投资集团有限公司（以下简称 "甘肃国投集团"）。具体内容详见公司于 2025 年 9 月 13 日在上海证券交易所网 站（www.sse.com.cn）披露的《关于控股股东国有股权无偿划转的提示性公告》 （临 2025-075）。 一、本次国有 ...