亚太实业公告称，2025年7月10日，广州万顺申请对公司进行破产重整及预重整，11月26日，兰州中院 裁定受理重整申请。截至12月6日，公司收到重整投资人7300万元现金捐赠。公司以3.23亿股为基数， 按每2股转增1股，共计转增1.62亿股，转增后总股本增至4.85亿股。本次实施资本公积转增股本，拟调 整除权参考价格计算公式，若股权登记日收盘价高于2.95元/股，需按调整后的公式调整开盘参考价。 财务顾问认为调整公式合理。 ...

Core Viewpoint - The company *ST Mingjia plans to implement a capital reserve increase by converting its capital reserve into equity, resulting in a significant increase in total share capital [1] Group 1: Capital Increase Details - The company will increase its share capital from 696 million shares to 1.426 billion shares by issuing 730 million new shares at a ratio of 10.5 shares for every 10 shares held [1] - The record date for the capital increase is set for December 19, 2025, with the new shares expected to be listed on December 22, 2025 [1] - The company intends to apply for a one-day trading suspension on December 19, 2025, and will resume trading on December 22, 2025 [1]

Core Viewpoint - The company has completed the issuance of 267 million shares as part of its restructuring plan, increasing its total share capital from 184 million to 451 million shares [1] Group 1: Share Capital and Stock Information - The newly issued shares have been registered to a special account for the disposal of bankrupt enterprises and will be transferred to the designated accounts of restructuring investors and creditors [1] - The company's stock will be suspended from trading on the registration date (December 11) and will resume trading on December 12 with an adjusted opening reference price of 6.94 yuan per share [1] Group 2: Risks - The company has indicated risks related to restructuring and potential delisting [1]

Core Viewpoint - Chongqing Sansheng Industrial Co., Ltd. is undergoing a capital reserve conversion to increase its share capital as part of its restructuring plan, which has been approved by the court [4][5][6]. Group 1: Capital Reserve Conversion - The average price for the capital reserve conversion is set at 4.28 yuan per share, with adjustments to the opening reference price based on the stock's closing price on the registration date [2][15]. - The stock's closing price on December 8, 2025, was 4.85 yuan per share, which is higher than the average price, necessitating an adjustment to the opening reference price for December 10, 2025, calculated to be 4.64 yuan per share [3][16]. - The total number of shares before the conversion is 432,000,000, and the conversion will increase the total shares to 684,102,041, with 252,102,041 shares being issued [6][10]. Group 2: Debt Settlement and Investor Involvement - Of the newly issued shares, 160,000,000 shares will be allocated to introduce restructuring investors, including Hebei Jiheng Group, which will become the controlling shareholder [6][7]. - The restructuring investors are required to provide a cash payment of 254.2 million yuan for the shares, with specific allocations for each investor [6][7]. - An additional 92,102,041 shares will be used to settle debts with ordinary creditors through a share-for-debt arrangement [9]. Group 3: Restructuring Process - The court approved the restructuring plan on November 21, 2025, allowing the company to enter the execution phase of the plan [5][6]. - The stock will be suspended for one trading day on December 9, 2025, and will resume trading on December 10, 2025 [11]. - The restructuring plan includes provisions for the management of the company by appointed professionals and outlines the financial support to be provided by the new controlling shareholder [4][7].

Group 1 - The company *ST San Sheng has completed the transfer of 252,102,041 shares as part of its restructuring plan, increasing its total share capital from 432,000,000 shares to 684,102,041 shares [1] - Of the transferred shares, 160,000,000 are restricted shares and 92,102,041 are freely tradable shares, with all shares registered to a special account for the disposal of the bankrupt company's assets [1] - The company has applied to the court to transfer the shares in the special account to designated securities accounts of restructuring investors and creditors [1] Group 2 - The capital reserve share transfer is part of the restructuring plan and differs significantly from typical capital reserve share transfers or placements [2] - The stock will be suspended on the share registration date, December 9, 2025, with a closing price of 4.85 yuan per share, which is higher than the average price of 4.28 yuan per share for the capital reserve transfer [2] - The adjusted opening reference price for the stock on December 10, 2025, will be 4.64 yuan per share due to the adjustment of the ex-rights reference price calculation formula [2] Group 3 - The company's stock will resume trading on December 10, 2025 [3] - For the first half of 2025, the company's revenue composition is as follows: 59.77% from pharmaceuticals, 39.94% from building materials, and 0.29% from other businesses [3] - The current market capitalization of *ST San Sheng is 2.1 billion yuan [4]

Core Viewpoint - Chongqing Sansheng Industrial Co., Ltd. will suspend trading of its stock for one trading day on December 9, 2025, and will resume trading on December 10, 2025, due to a capital reserve increase plan approved by the Chongqing Fifth Intermediate People's Court [2]. Group 1 - The company has a total share capital of 432,000,000 shares, which will be increased by approximately 252,102,041 shares through a capital reserve increase, resulting in a new total of 684,102,041 shares [2]. - The capital reserve increase will be implemented at a ratio of approximately 5.8356953935 shares for every 10 shares held [2]. - The record date for the capital reserve increase is December 9, 2025, and the listing date for the increased shares is December 10, 2025 [2]. Group 2 - The company emphasizes that all information should be verified through its designated media, which includes the Securities Times, Shanghai Securities Journal, and the Giant Tide Information Network [3]. - The board of directors urges investors to invest rationally and be aware of investment risks [3]. Group 3 - The announcement is officially made by the board of directors of Chongqing Sansheng Industrial Co., Ltd. on December 8, 2025 [4].

Core Viewpoint - Chongqing Sansheng Industrial Co., Ltd. has entered the execution phase of its restructuring plan, which includes a risk of downward adjustment of its stock price due to a capital reserve increase in shares [2][12]. Group 1: Restructuring Plan Approval - The Chongqing Fifth Intermediate People's Court approved the restructuring plan on November 21, 2025, allowing the company to enter the execution phase [2][12]. - The total share capital before the adjustment is 432,000,000 shares, with an increase of approximately 252,102,041 shares based on a ratio of about 5.8357 shares for every 10 shares held [3][8]. Group 2: Capital Reserve Increase - The capital reserve increase will raise the total share capital to 684,102,041 shares, with 160,000,000 shares allocated to restructuring investors and 92,102,041 shares for debt repayment [3][13]. - The average price for the capital reserve increase is calculated at 4.28 yuan per share, which will influence the adjustment of the stock's opening reference price on the registration date [20][21]. Group 3: Stock Trading and Adjustments - The stock will be suspended for one trading day on December 9, 2025, and will resume trading on December 10, 2025, following the capital reserve increase [17][23]. - The adjustment of the stock price will depend on the closing price on the registration date, with specific calculations outlined for determining the opening reference price [19][20].

Core Points - The company *ST Ningke announced a capital increase plan approved by the Shizuishan Intermediate Court, which involves a conversion of capital reserves into shares at a ratio of 13.59 shares for every 10 shares held [1] - A total of 931 million shares will be issued, increasing the total share capital from 685 million shares to 1.616 billion shares [1] - The record date for the shareholding is set for December 10, 2025, with the ex-rights and listing date for the new shares on December 11, 2025 [1] - The company's stock will be suspended for one trading day on December 10, 2025 [1]

Core Points - The company,炼石航空科技股份有限公司, will suspend trading of its stock (*ST炼石, stock code: 000697) for one trading day starting November 27, 2025, and will resume trading on November 28, 2025 [2] - The suspension is due to the implementation of a capital reserve increase plan approved by the Chengdu Intermediate People's Court on November 12, 2025, which will adjust the equity of the company's investors [2] - The current total share capital of the company is 873,100,876 shares, and it will increase by 522,987,424 shares through a capital reserve increase at a ratio of 5.99 shares for every 10 shares held, resulting in a new total share capital of 1,396,088,300 shares [2] Company Information - The company has designated its information disclosure media as "China Securities Journal," "Securities Times," "Shanghai Securities Journal," "Securities Daily," and the website www.cninfo.com.cn [3] - All information regarding the company will be based on the announcements published in the designated media [3]

Group 1 - The core point of the article is that *ST Lian Shi (SZ 000697) announced a capital reserve increase plan approved by the Chengdu Intermediate People's Court, which will significantly increase the total share capital of Lian Shi Aviation [1] - The current total share capital of Lian Shi Aviation is approximately 873 million shares, and the capital reserve increase will be executed at a ratio of 5.99 shares for every 10 shares, resulting in an additional 523 million shares [1] - After the capital reserve increase, the total share capital will rise to approximately 1.396 billion shares, with the record date for the share increase set for November 27, 2025, and the trading resumption date on November 28, 2025 [1] Group 2 - As of the report, the market capitalization of *ST Lian Shi is 7.4 billion yuan [2] - For the first half of 2025, the revenue composition of *ST Lian Shi shows that the aviation industry accounts for 99.83%, while other industries contribute only 0.17% [1]