四维图新公告，公司已完成以2.5亿元人民币认购PhiGent Robotics Limited发行的1.38亿股C+类优先股， 并通过转让所持四维图新智驾（北京）科技有限公司100%股权认购鉴智开曼发行的10.92亿股普通股。 本次投资完成后，公司将合计持有鉴智开曼39.14%股份，成为其第一大股东。此外，公司已向北京鉴 智提供2.5亿元人民币借款，并获得鉴智开曼签发的购股权证。境外投资备案手续已办理完成，相关协 议已签署，购股权证已签发，财务资助已提供，交割已完成。 ...

Group 1 - The company plans to conduct deposit business with its affiliated bank, Hunan Sanxiang Bank, in 2026, with a daily deposit limit of up to RMB 6 billion [2][4][9] - The proposal will be submitted for shareholder meeting approval [3][15] - The transaction does not constitute a major asset restructuring as defined by relevant regulations [5] Group 2 - The affiliated bank, Hunan Sanxiang Bank, is 18% owned by the company's controlling shareholder, SANY Group, and its chairman is also a director of the bank [6] - The bank's total assets reached RMB 52.767 billion, with loans of RMB 32.18 billion and deposits of RMB 39.175 billion as of the end of 2024 [8] Group 3 - The deposit business will be conducted at market prices, ensuring fairness and transparency [11][12] - The independent directors have unanimously agreed that the transaction is fair and does not harm the interests of the company or minority shareholders [13][29] Group 4 - The company intends to provide financial assistance to its subsidiaries totaling up to RMB 7.15 billion, with a borrowing term of one year [19][21] - The financial assistance is aimed at meeting the operational funding needs of subsidiaries [23][29] Group 5 - The company expects to engage in daily related transactions in 2026, with procurement from related parties amounting to RMB 10.15765 billion and sales to related parties amounting to RMB 5.32732 billion [35][36] - The independent directors have confirmed that these transactions are necessary for production and will not affect the company's independence [33][34] Group 6 - The company plans to provide guarantees for its subsidiaries and independent third-party suppliers, with a total guarantee limit of RMB 1 billion for 2026 [59][60] - The company has not experienced any overdue guarantees as of October 31, 2025 [68]

Core Points - Company Tonghua Dongbao announced the fourth extraordinary general meeting of shareholders will be held on December 15, 2025, to review multiple proposals [1] - The company plans to implement an employee stock ownership plan (ESOP) for up to 122 participants, granting 7 million shares, which represents 0.357% of the total share capital, with a reserve of 630,000 shares [1] - The company will establish management measures for the employee stock ownership plan [1] - The board of directors will be authorized to handle matters related to the employee stock ownership plan [1] - The company intends to provide financial assistance of up to 80 million yuan to its subsidiary, Shanghai Longke Pharmaceutical, using its own funds, with a term of no more than three years and an annual interest rate of 2.5% [1]

Core Viewpoint - 京投发展 announced two significant acquisitions, both priced at zero, involving companies with negative net assets and ongoing losses, raising industry attention [1][5]. Group 1: Acquisition Details - 京投发展 plans to acquire 41.69% equity in 鄂尔多斯市京投银泰房地产开发有限责任公司, increasing its ownership to 90.69%, making it a subsidiary [1][5]. - The net asset value of 鄂尔多斯公司 is assessed at -1.582 billion yuan, with total liabilities of approximately 2.12 billion yuan [5][6]. - For 2024 and the first eight months of 2025, 鄂尔多斯公司 reported net losses of 71.58 million yuan and 581 million yuan, respectively [5][6]. Group 2: Financial Performance - 京投发展 reported a revenue decline of 86.69% in 2024, with a net loss of 1.055 billion yuan, compared to a loss of 659 million yuan in the previous year [13]. - In the first three quarters of 2025, the company achieved a revenue of 555 million yuan, down 50.74%, with a net loss of 374 million yuan [14]. Group 3: Second Acquisition - 京投发展 intends to acquire 45% equity in 上海礼仕酒店有限公司 for zero yuan and plans to purchase related debts for 35 million yuan [7][11]. - The net asset value of 上海礼仕 is assessed at -1.71 billion yuan, with net losses of 103 million yuan and 59.33 million yuan for 2024 and the first eight months of 2025, respectively [11][12].

Group 1 - The company held its 17th meeting of the 6th Board of Directors on December 2, 2025, to discuss various proposals [2][4] - The board approved a financial assistance proposal related to historical fund transfers to its subsidiary, Shenzhen Haoneng Technology Co., Ltd., amounting to a total of 420,634,787.44 yuan, including principal and interest [3][14] - The board also approved the proposal to waive the right of first refusal for the transfer of shares in Shenzhen Haoneng, which will not affect the company's financial status or shareholder interests [5][6] Group 2 - The company plans to apply for a comprehensive credit limit of up to 1.5 billion yuan from financial institutions to support its operational and business development needs [7][50] - A temporary shareholders' meeting is scheduled for December 18, 2025, to review the proposals approved by the board [9][54] Group 3 - The financial assistance to Shenzhen Haoneng is a continuation of operational loans, with the company maintaining effective control over the subsidiary [25][28] - The company has a total financial assistance balance of 443,559,000 yuan, which represents 830.51% of its latest audited net assets [29]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或 完整 性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而產生或因倚賴該等 內容而引 致的任何損失承擔任何責任。 CC E 山 西 長 城 微 光 器 材 股 份 有 限 公 司 SHANXI CHANGCHENG MICROLIGHT EQUIPMENT CO. LTD.* （於中華人民共和國註冊成立之股份有限公司） （股份代號：8286） 有關移除不發表意見的行動計畫執行情況的季度更新 本公告由山西長城微光器材股份有限公司（「本公司」），連同其附屬公司統稱（「本集團」）根 據香港聯合交易所有限公司（「聯交所」）GEM 證券上市規則（「GEM 上市規則」）第 17.10 條及 香港法例第 571 章證券及期貨條例第XIVA 部項下之內幕消息條文（定義見 GEM 上市規則）而作 出。 。 供股計畫 茲提述(i)本公司日期為 2025年4月15日的公告，內容有關(i) 2024年全年業績;(ii)本公司日期為 2025 年 4 月 30 日的公告，內容有關 2024 年報。（統稱「該等公告」）。除非文義另有所指，否 ...

Core Points - The company has approved a loan of RMB 64.26 million to its subsidiary, Hebei Xiong'an Chuangxin Environmental Governance Co., Ltd, to repay interest-bearing debts and supplement operating funds [10][11][12] - The loan will have a term of one year with an interest rate of 4.55% per annum [10][11] - The decision was made during the 10th temporary meeting of the 9th Board of Directors held on November 27, 2025, with unanimous approval from all 11 directors present [2][12][16] Financial Assistance Overview - The financial assistance is aimed at supporting the subsidiary's business development and meeting its financial obligations [11][13] - The subsidiary has a debt ratio exceeding 70%, indicating a need for financial support [12] - The company holds a 51% stake in the subsidiary, allowing it to effectively manage risks associated with the financial assistance [10][13] Decision-Making Process - The board meeting was conducted in accordance with the Company Law and the company's articles of association [1] - The proposal for the loan will be submitted for approval at the upcoming shareholders' meeting [3][5] Loan Agreement Details - The loan agreement will specify the amount, term, interest rate, and intended use of funds [15] - In case of default, a penalty of 0.05% per day on the overdue amount will be applied [15] Risk Management - The company has established a robust governance structure to manage the subsidiary's operations and finances [14][16] - The financial assistance is deemed to be within a controllable risk range and will not adversely affect the company's normal operations [10][16]

Core Points - The company announced the approval of two proposals during the sixth meeting of its sixth board of directors [1] Group 1: Financial Assistance - The company will provide financial assistance of up to 120 million yuan to its wholly-owned subsidiary, Guangdong Taisheng Investment Holdings Co., Ltd., for a period of one year with an annual interest rate of 3.5% [1] Group 2: Fundraising - The company plans to issue no more than 174 million shares to specific investors, aiming to raise up to 1.176 billion yuan [1] - A special account for the raised funds will be opened at the Guangzhou Science City branch of the Industrial and Commercial Bank of China, with a tripartite supervision agreement to be signed within one month after the funds are in place [1]

Core Viewpoint - The company plans to optimize its asset structure by selling a 2% stake in its subsidiary, Xince Environment, to natural persons, resulting in a reduction of its ownership from 51% to 49% and the subsidiary will no longer be included in the consolidated financial statements [1] Group 1: Transaction Details - The transaction is set to be completed by October 2025, with the company retaining a 49% stake in Xince Environment after the sale [1] - Xince Environment was previously a controlled subsidiary of the company, and the ownership change has been officially registered [1] Group 2: Financial Implications - Since March 2023, the company has provided loans totaling 3 million yuan to Xince Environment for its operational needs, which remain unpaid as of the transaction's completion date [1] - The overdue loan interest amounts to 972,000 yuan, and the outstanding debts will be classified as financial assistance after the subsidiary is no longer consolidated [1] - The company asserts that these financial obligations will not impact its normal business operations or fund usage, and they do not violate relevant regulations regarding financial assistance [1] Group 3: Governance and Approval - The proposal regarding the classification of the outstanding debts as financial assistance was approved by the company's fifth board of directors and the audit committee [1]

Core Viewpoint - Hubei Yihua announced financial assistance to several subsidiaries, with a total funding limit of up to 75 million yuan, subject to market interest rates, pending shareholder approval [1] Group 1: Financial Assistance Details - The company plans to provide financial assistance to Inner Mongolia Yihua Chemical Co., Ltd. (30 million yuan), Qinghai Yihua Chemical Co., Ltd. (15 million yuan), Hubei Yihua Phosphate Chemical Co., Ltd. (15 million yuan), Hubei Yihua Environmental Technology Co., Ltd. (10 million yuan), and Hubei Yihua New Materials Technology Co., Ltd. (5 million yuan) [1] - The financial assistance will be effective for two years from the date of approval at the company's ninth temporary shareholders' meeting in 2025 [1] Group 2: Corporate Structure and Governance - After the completion of the capital increase, the mentioned subsidiaries will become jointly invested subsidiaries of the company and its controlling shareholder, Hubei Yihua Group Co., Ltd. [1] - The financial assistance constitutes a related party transaction as the subsidiaries are receiving funding from the controlling shareholder [1] - The financial assistance proposal has been approved by the company's sixth independent director meeting and the 55th meeting of the 10th board of directors, pending submission to the shareholders' meeting for final approval [1]