关于《四川福蓉科技股份公司收购报告书》的 法 律 意 见 书 福建至理律师事务所 地址：中国福州市鼓楼区洪山园路华润万象城三期 TB#写字楼 22 层 邮政编码：350025 电话： （86 591）8806 5558 传真： （86 591）8806 8008 网址：http://www.zenithlawyer.com 福建至理律师事务所 关于《四川福蓉科技股份公司收购报告书》 的法律意见书 闽理非诉字〔2025〕第 126-01 号 致：福建省工业控股集团有限公司 根据福建省工业控股集团有限公司（以下简称省工控集团或收购人）与福建 至理律师事务所（以下简称本所）签订的《证券法律业务委托协议书》，本所接 受省工控集团的委托，指派蒋浩、谢婷律师（以下简称本所律师）担任省工控集 团的专项法律顾问，就福建省人民政府国有资产监督管理委员会（以下简称福建 省国资委）将其直接持有的福建省冶金(控股)有限责任公司（以下简称福建冶金） 的 80%股权全部无偿划转给省工控集团（以下简称本次无偿划转），从而使得省 工控集团间接拥有四川福蓉科技股份公司（股票代码：603327，以下简称福蓉科 技或上市公司）权益，并成为福蓉科技 ...

Core Viewpoint - The acquisition of Xiamen Tungsten Industry Co., Ltd. by Fujian Provincial Industrial Holding Group Co., Ltd. is a strategic move to consolidate state-owned enterprises in Fujian Province, with the aim of enhancing operational efficiency and control over the company [1][2][11]. Group 1: Acquisition Details - The acquisition involves the transfer of 80% equity of Fujian Metallurgy (Holding) Co., Ltd. to Fujian Provincial Industrial Holding Group, which will indirectly control 30.90% of the voting rights in Xiamen Tungsten [2][11]. - The acquisition is classified as a state-owned equity transfer, which allows the acquirer to bypass the obligation to make a public offer due to the nature of the transaction [2][11]. - The acquisition is part of a broader strategy to reorganize and integrate state-owned enterprises in Fujian Province, aligning with the directives of the provincial government [7][8]. Group 2: Company Background - Fujian Provincial Industrial Holding Group Co., Ltd. was established on May 27, 2025, with a registered capital of 800 million RMB and is wholly owned by the Fujian Provincial State-owned Assets Supervision and Administration Commission [3][4]. - The company is involved in various sectors, including investment activities, management consulting, and manufacturing of materials such as steel and rare earth products [4][5]. - As of the report date, Fujian Provincial Industrial Holding Group has not engaged in any actual business operations since its establishment [5]. Group 3: Future Plans - There are currently no plans for further acquisition or disposal of shares in Xiamen Tungsten within the next 12 months, aside from the current equity transfer [8][10]. - The company will adhere to all legal and regulatory requirements for information disclosure regarding any future changes in equity [8].

Core Viewpoint - The report outlines the equity change of Fujian Qingshan Paper Industry Co., Ltd., where Fujian Provincial Industrial Holding Group Co., Ltd. will acquire 100% equity of Fujian Light Textile through a non-compensatory transfer, indirectly controlling 18.95% of Qingshan Paper's voting rights, thus becoming its indirect controlling shareholder [1][2][12]. Group 1: Equity Change Details - The equity change is a result of the non-compensatory transfer of 100% equity of Fujian Light Textile from the Fujian State-owned Assets Supervision and Administration Commission to Fujian Provincial Industrial Holding Group [2][10]. - After the equity change, Fujian Provincial Industrial Holding Group will indirectly control 426,942,224 shares of Qingshan Paper, representing 18.95% of the total voting rights [12][24]. - The change does not affect the direct controlling shareholder or the actual controller of Qingshan Paper, which remains Fujian Light Textile and Fujian State-owned Assets Supervision and Administration Commission, respectively [10][12]. Group 2: Company Information - Fujian Provincial Industrial Holding Group was established on May 27, 2025, with a registered capital of 800 million yuan [7][8]. - The company is a wholly state-owned limited liability company, primarily engaged in investment activities, management consulting, and various manufacturing sectors including paper production [7][8]. - As of the report date, Fujian Provincial Industrial Holding Group has not conducted any actual business operations since its establishment [8]. Group 3: Future Plans and Procedures - There are no plans for further acquisition or disposal of Qingshan Paper shares within the next 12 months, aside from the current equity change [10][11]. - The equity change requires the completion of registration procedures with government market supervision departments for the change of equity holder of Fujian Light Textile [11][26]. - The company has committed to maintaining the independence of Qingshan Paper in terms of assets, personnel, finance, and operations following the equity change [16][18].

随着江苏省城市足球联赛火热开赛，球迷的热情不仅点燃了绿茵场，更推动了足球周边产品的销售热 潮。数据显示，足球鞋、足球、足球袜位列成交量前三位，同时，包括颠球训练器、敏捷梯、足球阻力 带等在内的诸多专业训练装备增幅亮眼，销量同比增长均超60%，显示足球消费正向着专业化方向迈 进。 从全民健身向赛事导流，从兴趣运动到专业化训练，足球正在从赛场走入更广泛的消费生态。随着联赛 深入推进和足球文化的快速发展，专业足球装备、训练辅助工具、运动时尚穿搭等多元细分产品不断涌 现，将进一步拓宽足球消费边界。 （文章来源：经济日报） 各地消费者展现出特色鲜明的足球消费偏好。从地域分布看，广东、北京、山东、四川、江苏是足球装 备消费前5名。其中，北京消费者对护具类产品情有独钟，运动护踝、护腿板等产品受青睐；广东消费 者更偏爱战术板和运动发带，反映出他们对专业训练的关注；江苏赛事带动作用显著，周边消费全面升 温。 从消费者年龄结构看，36岁至45岁人群是足球消费主力，占比超五成；其次为26岁至35岁人群，占比 26.1%。这一消费结构的形成，既源于该年龄段足球爱好者的持续参与，也反映了家长为孩子购置足球 训练装备的旺盛需求。此外，数 ...

Core Viewpoint - The restructuring of the board of directors at Zhongju Gaoxin is a significant step towards enhancing corporate governance and achieving high-quality development, with a focus on diversification and professionalism in its governance structure [1][3][6] Group 1: Board Restructuring - Zhongju Gaoxin has announced the nomination of candidates for its 11th board of directors, maintaining a stable core team while introducing new members with diverse backgrounds, including Li Ruxiong from China Resources [1][3] - The new board will consist of 9 directors, including 5 non-independent directors elected through a differential election process [1] - The addition of Li Ruxiong is expected to bring valuable experience and insights, enhancing the board's overall capability [3][5] Group 2: Strategic Focus and Performance - The company has shifted its strategic focus towards its core condiment business, which accounted for 91.95% of its revenue in 2024, with a year-on-year revenue growth of 7.39% to 5.519 billion [2] - The company has expanded its distribution network, increasing the number of distributors by 470 to 2,554, with a county development rate of 75.35% and a city coverage rate of 95.81% [2] - Product innovation has accelerated, with the launch of 29 new products and a focus on health-oriented offerings, such as a low-sodium soy sauce [2][3] Group 3: Governance Structure and Market Position - The new governance structure aims to combine state-owned resources with professional capital, creating a synergistic effect that enhances decision-making and operational efficiency [4][6] - The board's diversification is expected to address long-standing governance issues, providing a richer perspective and expertise for strategic decisions [3][5] - The collaboration between state-owned representatives and professional investors is anticipated to improve the company's market insights and operational capabilities, fostering sustainable growth [5][6]

Group 1 - The core viewpoint emphasizes the need for a specialized militia cadre training and certification system to enhance emergency response capabilities in line with modern defense mobilization requirements [1][2][3] - The military district has established a closed-loop mechanism for militia cadre training, which includes demand assessment, training, certification, and deployment [2] - The training and assessment plan includes 19 evaluation indicators across four areas: military theory, practical skills, command and dispatch, and physical fitness, with a focus on new technologies such as drone operation and information command platforms [2][3] Group 2 - The military district aims to address common issues in militia cadre capabilities, such as insufficient information technology skills and emergency command abilities, by developing targeted solutions [1][2] - The certification process is designed to enhance on-site task handling capabilities, enabling militia cadres to quickly assess situations and formulate response plans during emergencies [2][3] - The certification is viewed as a starting point for ongoing professional development, with plans to implement an annual review and dynamic inspection mechanism linked to local performance evaluations [3]

近日，江苏省苏州市吴江区纪委监委举办干部跟班办案启动会暨第三十期"护航铁军大讲堂"，以案代 训、以老带新开展跟班锻炼，组织纪检监察干部在实战中淬炼本领。 "我们既着眼当下解决'本领恐慌'，更立足长远培育复合型人才。"该区纪委监委相关负责人介绍。聚焦 审查调查核心业务能力提升，建立分层分类跟班办案培训机制，制定"集中培训+实战锻炼+交流研讨 +考核评价"全链条培养方案。 目前，首批11名副科职年轻干部已编入4个审查调查协作片区，由业务骨干担任"提优导师"实行"一人一 策"培养。参训人员从问题线索处置开始，全流程开展外调谈话、撰写调查报告等实战任务，其间组织 案例分析研讨、办案经验分享等交流活动，最终通过政治素养、业务能力、作风表现等维度综合评价培 训成效。 吴江区纪委监委聚焦高质量办案、高素质专业化队伍建设、高水平纪法教育培训三个方面，在纪检监察 干部教育管理监督上精准发力。 深化片区协作，强化力量整合、程序契合、工作融合，提升监督执纪执法、正风肃纪反腐工作质效。紧 盯关键节点，打造纪检监察干部"入职第一课"，引导年轻干部扣好廉洁从政"第一粒扣子"。深化以干代 训，选派多名干部到信访窗口一线锤炼、参与区委巡察工 ...

让"沙戈荒"变身"绿粮仓" 在腾格里沙漠东南边缘处，一大片风电光伏基地如绿色引擎扎根在这"沙戈荒"之中，该基地的1300万千 瓦风电光伏复合装机将沙漠风能与太阳能转化为清洁电力，作为全国"十四五"电力规划"宁湘直流"工程 配套电源点，该基地所发电量将经特高压线路直送湖南。 该基地名为宁夏腾格里沙戈荒能源大基地，是我国首个国家发展改革委和国家能源局双批复的沙戈荒能 源大基地，其所属的"宁湘直流"工程是"西电东送"的重要节点，线路全长1634千米，计划于2025年9月 建成投运。 从2023年开始，融资租赁行业的发展绕不开一个话题——专业化转型。如何发挥融资租赁"融物+融 资"的双重属性、破解服务痛点、构建产融协同新生态，已成为行业转型的核心课题。 无论是绿色转型、数字转型，还是业务转型、模式转型，逐渐向专业化、差异化、特色化经营转变的金 融租赁公司和融资租赁公司正通过系统性重构战略逻辑、资源配置、运营模式与技术迭代，锚定长期发 展坐标。以数字工具提升运营效率与客户服务体验，以业务场景的跨界融合突破增长边界，以绿色实践 实现生态价值、社会价值，推进产融深度协同发展。 从服务大型企业项目建设、设备购置，到支持小微企 ...

基金经理"变动潮"的背后，公募基金行业呈现出三大变化。 公募基金改革提速背景下，基金经理"变动潮"依旧汹涌。 数据显示，截至6月24日，本月以来，已有近200只公募基金产品发布了基金经理变更公告。涉及基金产 品新任（增聘）基金经理、同时增聘及解聘基金经理、基金经理离任等情况。 受访人士向21世纪经济报道记者指出，基金经理"变动潮"的出现，是市场环境、行业竞争、激励机 制、"去明星化" 趋势以及个人职业规划等多因素综合作用的结果。 而公募基金行业出现基金经理"变动潮"的背后，整个行业的发展呈现出三大变化。 为何密集变动？ 二是基金产品增聘基金经理的同时，解聘原来的基金经理。6月19日，工银瑞信中证线上消费主题ETF 新任杨广钊为基金经理，该产品原来的基金经理史宝珖同步离任。史宝珖离任的原因是"根据公司工作 安排和人员配置状况"。 值得一提的是，近期，基金经理因工作需要而卸任产品的情况明显增多。 6月24日，富国中证沪港深500ETF、恒生前海恒锦、财通资管价值精选一年持有等11只公募产品分别发 布了基金经理变更公告。 至此，6月以来，发布基金经理变更公告的公募产品数量接近200只。 具体来看，公募基金产品变更基 ...

□ 汪云沾 □ 国有资本属性的基金管理人正逐渐发展成为我国股权投资市场募资与投资的主导力量，不仅为整个行 业注入了大量且稳定的资金，而且还以精准投向新质生产力领域，成为行业的中流砥柱，对我国战略性 新兴产业及未来产业的培育与发展具有不可替代的关键作用 □ 风险投资具有高度的专业性，对人才要求严格，单靠尽职尽责难以胜任。在国资创投快速前行的过程 中，也面临一系列制度性、系统性问题与挑战 □ 以适当薪酬吸引人才、以有效的机制激励约束人才、以独立的决策机制激发人才，是建设创投专业队 伍、防范道德风险、降低投资风险，尊重风险投资市场经济规律的基本做法，是从源头上解决国资创 投"不敢投、不愿投"难题，从根基上保证国资创投长远健康发展的制度基础 当下，国有资本创业投资（以下简称 "国资创投"）呈现出蓬勃发展的态势。国资创投作为有限合伙人 （LP，即为股权投资提供资金来源的主体），为整个行业注入了大量且稳定的资金；同时，其以普通 合伙人（GP）的身份积极募集资金，精准投向新质生产力领域，已然成为行业的中流砥柱，对我国战 略性新兴产业以及未来产业的培育与发展具有不可替代的关键作用。 然而，在国资创投快速前行的过程中，也面临一 ...