证券代码：001330 证券简称：博纳影业 公告编号：2025-034 号 博纳影业集团股份有限公司 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。 一、与专业投资机构共同投资概述 公司将严格按照相关规定，根据本基金的后续进展情况及时履行信息披露义 务。敬请广大投资者理性投资，注意投资风险。 四、备查文件 《私募投资基金备案证明》 特此公告 博纳影业集团股份有限公司 董事会 博纳影业集团股份有限公司（以下简称"公司"）于 2025 年 4 月 25 日召开第 三届董事会第十五次会议，审议通过了《关于全资子公司与专业投资机构共同投 资的议案》，同意全资子公司天津博纳企业管理咨询有限公司（以下简称"天津企 管"）作为有限合伙人，以自有资金出资人民币 99,900 万元，与专业投资机构光 合（海南）私募基金管理有限公司（以下简称"光合私募"）共同投资嘉兴光影智 趣股权投资合伙企业（有限企业）。具体内容详见公司于 2025 年 4 月 29 日在《中 国 证 券 报 》《 证 券 时 报 》《 上 海 证 券 报 》《 证 券 日 报 》 和 巨 潮 资 讯 网 （w ...

Group 1 - The private equity (PE) and venture capital (VC) markets in China are showing strong resilience amid structural adjustments, with 490 new funds established in May, reflecting a 10% year-on-year increase [1][2] - Investment scale in May saw a nearly 50% year-on-year growth, reaching 739 billion yuan, with 597 investment cases recorded, marking a 5% increase compared to the previous year [4][5] - The semiconductor, artificial intelligence, and new materials sectors are particularly attractive, with electronic information leading in investment cases at 166, followed by advanced manufacturing and healthcare [4][5] Group 2 - In May, 418 institutions participated in fund establishment, with 90% of them setting up only one fund, indicating stable institutional activity compared to the previous year [2] - Notable large funds established in May include Beijing Baoshichengyuan Fund with a target of 13 billion yuan and Chengtong Science and Technology Investment Fund aiming for 10 billion yuan [3] - The majority of transactions were small-scale, with 41.7% of disclosed transactions falling between 10 million and 50 million yuan, while large transactions over 1 billion yuan accounted for only 5.6% [5]

Core Viewpoint - The company, through its wholly-owned subsidiary, plans to invest in a private equity fund to enhance the efficiency of its capital utilization and broaden its investment portfolio [2][31]. Group 1: Investment Overview - The subsidiary, Jiangxi Zhongwen Media Blue Ocean International Investment Co., Ltd. (Blue Ocean Investment), intends to subscribe to the Nanchang Guocheng Innovation No. 1 Equity Investment Partnership (Limited Partnership) initiated by Shanghai Guocheng Venture Capital Management Co., Ltd. [2][5]. - The target fundraising scale for the fund is set at RMB 1.5 billion, with Blue Ocean Investment planning to contribute RMB 40 million, representing 2.74% of the fund's total size of RMB 1.461 billion after its subscription [2][5]. - This transaction does not constitute a related party transaction or a major asset restructuring as defined by relevant regulations [3][6]. Group 2: Fund and Management Details - The fund is a limited partnership with a lifespan of 7 years, including a 4-year investment period and a 3-year exit period [11][22]. - The general partner and fund manager is Shanghai Guocheng Venture Capital Management Co., Ltd., which has a registered capital of RMB 15 million [10][14]. - The fund has been registered with the China Securities Investment Fund Industry Association, with the registration number SACZ28 [12]. Group 3: Investment Purpose and Impact - The investment aims to improve the efficiency of the company's capital utilization and leverage the expertise and resources of the professional investment team at Guocheng Venture Capital [31]. - The decision to invest is made while ensuring that the company's main business operations remain unaffected, and it is not expected to have a significant adverse impact on the company's financial status or operational results [32].

淡明私募完成备案登记 【导读】两家外资私募同一天完成备案登记 中国基金报记者 吴君 6 月 16 日，中国证券投资基金业协会（以下简称协会）最新备案名单显示， 淡明（上海） 私募基金管理有限公司 （以下简称淡明私募） 与安 耐德私募基金管理（北京）有限责任公 司（以下简称安耐德私募） 同步完成登记。前者 股东是新加坡 淡马锡的全资子公司，后者 母公司为投资中国超 20 年的全球资管巨头 Earnest Partners 。 协会网站信息显示，安耐德私募成立于 2024 年 8 月 21 日，注册资本为 200 万美元。其 是一家外商独资企业，由 Earnest Partners Private Capital LLC 全资持股。公司近期刚刚 完成了私募股权、创业投资基金管理人登记，注册地和办公地都在北京市通州区。 资料显示， True Light Capital （淡明资本）是新加坡国有投资机构淡马锡旗下的独立全资 子公司，成立于 2021 年，其总部在新加坡，在上海设有办公室。不同于母公司淡马锡以自 有资金做投资的运作方式，淡明资本系独立运营并独立对外募集资金。其第一期基金 True Light Fund ...

Group 1 - The core point of the news is that Guoyuan Securities has launched a new fund, the Jian'an Civil Aviation Qixin Fund, with a total scale of 1 billion RMB, focusing on investments in the new generation information technology industry and its upstream and downstream sectors [2][3][4] - The fund's management is handled by Guoyuan Equity, a wholly-owned subsidiary of Guoyuan Securities, and it has completed the necessary registration and obtained a business license [3][4] - The fund's limited partner (LP) lineup has changed, with the original LP, Anhui Civil Aviation Asset Management Co., exiting due to "personal reasons," and Guangxi Guiding Fund being introduced as a new LP [2][4] Group 2 - The fund's total duration is set for 7 years, with an investment period of 4 years and an exit period of 3 years, which can be extended twice for up to 1 year each, subject to partner approval [3][4] - The updated contribution amounts show that Guoyuan Equity's commitment has increased from 300 million RMB to 350 million RMB, raising its stake to 35% [4][5] - The Jian'an Civil Aviation Qixin Fund will primarily invest in strategic emerging industries such as new displays, smart terminals, industrial internet, 5G/6G, cloud computing, big data, and quantum technology [5][6] Group 3 - The trend of securities firms actively establishing private equity funds continues into 2025, driven by policy support, business development needs, and resource integration [2][6] - The establishment of new funds by various securities firms indicates a growing interest in private equity investment, with a focus on technology innovation and strategic industries [6][9] - The evolving regulatory environment and the development of a multi-level capital market system are creating favorable conditions for securities firms to engage in private equity investment, potentially becoming a new growth point for their performance [9][10]

科创债新政落地以来，正显现出积极成效。据不完全统计，截至5月26日，已有多家股权投资 机构发布公告，合计发行和待发科技创新债券的规模超过200亿元。同时，有君联资本、启明 创投、东方富海、毅达资本、金雨茂物、泰达科投、中科创星等12家股权投资机构处于发行注 册过程中。 最新的标志性进展是，5月27日，君联资本收到中国银行间市场交易商协会《接受注册通知 书》，同意在银行间市场发行科技创新债券，与东方富海、江苏毅达共同成为全国首批民营股 权投资机构科技创新债券试点单位。据悉，此次依托央地协同增信机制，君联资本拟发行5亿 元科技创新债券，用于自有资金在所管理的科创基金出资及投资科创企业。 东方富海也获中国银行间市场交易商协会《接受注册通知书》，同意在银行间市场发行科技创 新债券。据悉，该"科创债"项目计划发行总规模15亿元、期限15年，募集资金将用于创投基 金出资及置换等科技创新领域，重点投向人工智能与数字经济、新能源与新材料、半导体、生 物医药等战略性新兴产业。 "过去，民营创投机构发行债券的积极性并不高。科创债新政的推出在一定程度上降低了发行 门槛，并且提供了更清晰的指引和支持，激发了头部民营创投机构的尝试意愿 ...

Group 1 - The core point of the news revolves around the controversial ownership transfer announcement of Feiling'er, which has led to a significant increase in the company's stock price, hitting the limit up for four consecutive trading days [2] - Investors are speculating on the potential integration operations under the new actual controller, Jin Yawei, although there are discrepancies in the disclosed information regarding his professional background [2][3] - A recent risk warning was issued by Feiling'er, indicating that the stock price has surged significantly, accumulating substantial trading risks, and that there is uncertainty regarding the approval of the ownership transfer by relevant authorities [2] Group 2 - Jin Yawei is set to become the new actual controller of Feiling'er through a 25% stake acquisition by Anji Yiqing Technology Partnership [3] - Jin Yawei has a notable background, having worked as a senior portfolio manager at Fannie Mae and as an executive director at the State Administration of Foreign Exchange in China [3][4] - There are inconsistencies in Jin Yawei's employment history, particularly regarding the timeline of his roles at Nanjing Zhongyi Ren Investment Co., Ltd., which raises questions about compliance with regulations governing public sector employees engaging in business [5][6] Group 3 - Jin Yawei has shown a keen interest in investment, particularly in the A-share market, and is now looking to transition from pure investment to operational management through Feiling'er [7] - His investment strategies have included significant stock acquisitions, with notable price movements preceding these transactions, indicating a pattern of speculative trading [8] - Jin Yawei has also been involved in Pre-IPO investments, such as in Minxin Technology, where he successfully entered before the company's IPO [10][11] Group 4 - The investment activities of Jin Yawei have included participating in private placements and short-term trading in various listed companies, often resulting in quick exits post-lockup periods [12] - The overall sentiment in the market reflects skepticism about the ability of private equity investors like Jin Yawei to successfully manage operational businesses after taking control of listed companies [12]

美国私募股权投资公司Vista Equity ：欧洲投资者对美国的机会感到兴奋。 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) emphasizes the importance of capital markets in supporting technological innovation and the development of new productive forces, with a focus on protecting the rights of investors, especially small and medium-sized investors [1][3]. Group 1: Policy Measures and Achievements - The CSRC has implemented a series of policies to support technological innovation, including the issuance of multiple policy documents aimed at enhancing the regulatory framework and market ecology for tech enterprises [1][2]. - As of now, nearly 2,700 companies in strategic emerging industries are listed on the Shanghai and Shenzhen stock exchanges, accounting for over 40% of the market capitalization [2]. - In the IPO sector, over 90% of new listings in 2024 on the Sci-Tech Innovation Board, Growth Enterprise Market, and Beijing Stock Exchange belong to strategic emerging industries or high-tech enterprises [2]. - The number of asset restructuring disclosures by strategic emerging industry companies has doubled compared to the previous year, with over 140 cases reported [2]. - The total issuance of Sci-Tech Innovation Bonds reached 1.35 trillion yuan, with 1,327 bonds issued by the end of April 2025 [2]. Group 2: Future Directions - The CSRC plans to deepen the reform of the stock issuance registration system, focusing on information disclosure and strict regulatory accountability, while supporting the listing of quality unprofitable tech companies [3][4]. - There will be a strong emphasis on facilitating mergers and acquisitions among listed companies to enhance supply chain resilience and technological capabilities [4]. - The CSRC aims to cultivate long-term and patient capital by optimizing the assessment mechanisms for private equity funds and promoting the development of secondary market funds [4][5]. - The commission will enhance the quality of bond financing for tech companies and explore the issuance of more themed bonds to reduce financing costs for innovative enterprises [5]. Group 3: Investor Protection and Market Integrity - The CSRC is committed to improving information disclosure regarding the technological attributes and investment risks of innovative companies, as well as enhancing investor suitability mechanisms [6][7]. - There will be a focus on strengthening the legal framework for capital markets, including the drafting of new regulations to clarify the rights and responsibilities of stakeholders in tech enterprises [6][7]. - The CSRC plans to create a more trustworthy market environment by enhancing the integrity supervision of the securities and futures market, aiming to increase market transparency and accountability [7].

耶鲁大学接近达成出售至多25亿美元私募股权投资份额的交易。 ...