海南航空控股股份有限公司董事会 关于本次交易相关主体不存在依据《上市公司监管指引第 7 号 ——上市公司重大资产重组相关股票异常交易监管》第十二条 海南航空控股股份有限公司拟以支付现金的方式购买海南空港开发产业集团有 限公司持有的海南天羽飞行训练有限公司 100.00%股权。 公司董事会对于本次交易涉及的各方主体是否存在中国证券监督管理委员会（以 《上市公司监管指引第 7 号——上市公司重大资产重组相关股 下简称"中国证监会"） 票异常交易监管》第十二条规定的不得参与上市公司重大资产重组情形进行了审慎判 断，具体如下： 经核查，本次重大资产重组（以下简称"本次交易"）涉及的《上市公司监管指 引第 7 号—上市公司重大资产重组相关股票异常交易监管》第六条规定的相关主体不 存在因涉嫌与本次交易相关的内幕交易被立案调查或者立案侦查的情形，亦不存在最 近 36 个月内因与本次交易相关的内幕交易被中国证监会做出行政处罚或者司法机关 依法追究刑事责任的情形。 综上，董事会认为，本次交易相关主体不存在依据《上市公司监管指引第 7 号— —上市公司重大资产重组相关股票异常交易监管》第十二条不得参与任何上市公司重 大资产重组的 ...

海南航空控股股份有限公司董事会 关于评估机构的独立性、评估假设前提的合理性、评估方法 与评估目的的相关性及评估定价的公允性的说明 海南航空控股股份有限公司（以下简称"公司"）拟以支付现金的方式购买海南 空港开发产业集团有限公司（以下简称 "交易对方"）持有的海南天羽飞行训练有 限公司（以下简称"标的公司"）100.00%的股权（以下简称"本次交易"），本次交 易构成公司重大资产重组。公司就本次交易聘请了中威正信（北京）资产评估有 限公司（以下简称"中威正信"或"评估机构"）作为本次重组的评估机构。中威正信 以 2024 年 12 月 31 日为评估基准日，分别采用资产基础法和收益法对交易标的进 行评估，在对两种评估方法的评估情况进行分析后，确定以收益法的评估结果作 为本次资产评估的最终结果，并出具了《海南空港开发产业集团有限公司拟转让 股权涉及海南天羽飞行训练有限公司股东全部权益价值项目资产评估报告》（中 威正信评报字（2025）第 5045 号）（以下简称《资产评估报告》）。 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司重大 资产重组管理办法》《公开发行证券的公司信息披露内容与格式准则第 ...

Core Viewpoint - The company is undergoing a significant asset restructuring by acquiring 100% equity of Tianyu Flight Training Co., Ltd. from Hainan Airport Development Industry Group Co., Ltd. This transaction is expected to enhance the company's financial performance and operational capabilities without diluting immediate returns for shareholders [1][2]. Financial Impact - The company's net profit before the transaction is projected at -126,357.1 million yuan, while after the transaction, it is expected to be -120,069.2 million yuan. The net profit attributable to the parent company's shareholders is anticipated to improve from -92,121.6 million yuan to -85,833.7 million yuan [2]. - The basic earnings per share (EPS) is expected to increase from -0.0213 yuan per share to -0.0195 yuan per share post-transaction, indicating an improvement in shareholder returns [2]. Measures to Enhance Immediate Returns - The company plans to strengthen operational management and improve efficiency by integrating flight training operations into its business model, thereby enhancing overall competitiveness and profitability [3]. - The company aims to improve profitability through better resource allocation and management efficiency, while also exploring new growth opportunities to reduce unit costs [3]. - The governance structure will be refined to ensure that shareholders can exercise their rights effectively, promoting prudent decision-making by the board to protect overall company interests, especially those of minority shareholders [3]. Commitments from Management - The company's board and senior management have committed to not transferring benefits unfairly to other entities, ensuring that their consumption behaviors are regulated, and that company assets are not misused [4]. - The commitments include linking the remuneration system of directors and senior management to the execution of measures aimed at enhancing shareholder returns [4]. - The controlling shareholder has also pledged not to interfere with the company's management or infringe upon its interests, ensuring compliance with regulatory requirements [5].

Core Viewpoint - Hainan Airlines Holding Co., Ltd. plans to acquire 100% equity of Hainan Tianyu Flight Training Co., Ltd. from Hainan Airport Development Industry Group Co., Ltd. for a total consideration of 1,000.3703 million yuan, which constitutes a significant asset restructuring as per regulatory guidelines [1][2]. Summary by Relevant Sections Transaction Details - The transaction involves the acquisition of Hainan Tianyu Flight Training Co., Ltd. by Hainan Airlines, with the purchase price set at 1,000.3703 million yuan [1]. - The main assets of Tianyu Flight Training include the land and buildings used for flight training services [1]. Financial Metrics - The total asset amount for the transaction is 1,035.9542 million yuan, while the net asset amount is 1,000.3703 million yuan for the acquiring entity, Yunxiang Education [2]. - The financial data for Tianyu Flight Training shows total assets of 2,422.1244 million yuan and net assets of 799.07 million yuan, with an operating income of 384.7394 million yuan [2]. - Hainan Airlines' total assets amount to 13,403.489 million yuan, with net assets of 230.9965 million yuan and operating income of 5,864.1088 million yuan [2]. - The cumulative asset total and net asset amount from the transaction exceed 50% of the company's net assets, qualifying it as a major asset restructuring under regulatory guidelines [2].

Core Viewpoint - The company successfully held its second extraordinary general meeting of shareholders in 2025, where all major resolutions related to significant asset restructuring were approved, laying a solid foundation for future development [1][3]. Group 1: Meeting Details - The extraordinary general meeting took place on June 6, 2025, at 14:00, with a total of 1,743 shareholders present, representing 307,194,117 shares, which is 26.15% of the total voting shares [1]. - The meeting was convened by the board of directors and chaired by Chairman Ye Zhong, complying with relevant laws and company regulations [1]. Group 2: Resolutions Passed - Key resolutions included the approval of the significant asset restructuring proposal, with 100% support from domestic shareholders and 84.56% from B-share shareholders [2]. - The share exchange merger plan, consisting of 16 sub-proposals, received unanimous support from domestic shareholders and over 80% approval from B-share shareholders [2]. - Resolutions regarding related transactions and restructuring listings were also approved, including the signing of a conditional merger agreement with Hangzhou Hailianxun Technology Co., Ltd [2]. - Other important resolutions concerning the independence of valuation institutions and the authorization of the board of directors to manage transaction-related matters were successfully passed [2]. Group 3: Legal Compliance - Zhejiang Tiance Law Firm provided a legal opinion confirming that the meeting's procedures, qualifications of attendees, and voting results complied with relevant laws and company regulations, validating the legitimacy of the resolutions [3]. - The successful conduct of the meeting and the approval of all resolutions signify a significant step for the company in asset restructuring and business expansion, ensuring strong support for future development [3].

招商证券股份有限公司关于宝塔实业股份有限公司本次重大资 产重组前发生业绩异常或本次重组存在拟置出资产情形之 专项核查意见 招商证券股份有限公司（以下简称"招商证券"或"独立财务顾问"）作为宝 塔实业股份有限公司（以下简称"宝塔实业"或"上市公司"）重大资产置换及 支付现金购买资产暨关联交易项目（以下简称"本次交易"或"本次重组"）的独 立财务顾问，按照中国证监会《监管规则适用指引——上市类第1号》的要求对上 市公司相关事项进行了专项核查。 本核查意见中所引用的简称和释义，如无特殊说明，与《宝塔实业股份有限 公司重大资产置换及支付现金购买资产暨关联交易报告书（草案）》中的释义相 同。 一、上市后承诺履行情况，是否存在不规范承诺、承诺未履行或未履行完毕 的情形 根据宝塔实业历年年度报告及宝塔实业出具的书面确认及承诺，并经本独立 财务顾问核查，自宝塔实业上市之日起至本专项核查意见出具日，宝塔实业、宝 塔实业控股股东及其一致行动人、持股 5%以上股东、董事、监事、高级管理人 员作出及履行的主要公开承诺（不包括本次交易中相关方就本次交易作出的承诺） 及该等承诺履行情况见附件所示。 经核查，独立财务顾问认为，自宝塔实业上 ...

独立财务顾问核查意见 深圳证券交易所： 宝塔实业股份有限公司（以下简称"上市公司"或"宝塔实业"）拟将除部 分保留资产负债以外的主要从事轴承业务的相关资产负债作为置出资产，与宁夏 电力投资集团有限公司（以下简称"交易对方"或"宁夏电投"）持有的宁夏电 投新能源有限公司（以下简称"标的公司"或"电投新能源"）100%股权即置入 资产的等值部分进行置换。置出资产将由宁夏电投全资子公司宁夏金天制造有限 公司承接。针对置入资产和置出资产的差额部分，由上市公司支付现金向交易对 方购买（以下简称"本次交易"）。中国国际金融股份有限公司（以下简称"独立 财务顾问"）作为宝塔实业本次交易的独立财务顾问。 鉴于宝塔实业不属于创业板上市公司，且本次交易不构成重组上市，不适用 中国证券监督管理委员会关于重大资产重组对板块定位的要求，因此独立财务顾 问无需出具此项核查意见。 （以下无正文） （本文无正文，为《中国国际金融股份有限公司关于宝塔实业股份有限公司重大 资产置换及支付现金购买资产暨关联交易符合中国证监会关于重大资产重组对 板块定位的要求的独立财务顾问核查意见》之签章页） 法定代表人或授权代表： 王曙光 中国国际金融股份有限公 ...

Core Viewpoint - The company is undergoing a significant asset restructuring involving the acquisition of 100% equity in Ningxia Electric Power Investment New Energy Co., Ltd. through asset replacement and cash payment, which is expected to enhance its operational capabilities in the renewable energy sector [6][7][10]. Group 1: Company Overview - Baota Industrial Co., Ltd. was established with a registered capital of 98 million yuan and is listed on the Shenzhen Stock Exchange since April 19, 1996 [4][5]. - The company operates in industrial manufacturing, bearing processing, steel sales, and the production of pressure pipeline components [5]. Group 2: Major Asset Restructuring - The restructuring plan includes the exchange of all assets and liabilities, except for cash and certain investments, for the 100% equity of Ningxia Electric Power Investment Group [6][7]. - The transaction will involve the transfer of various assets such as long-term equity investments, accounts receivable, fixed assets, and intangible assets, while liabilities will include long-term loans and accounts payable [7][9]. Group 3: Financial Reporting Basis - The pro forma consolidated financial statements are prepared based on the assumption that the restructuring is completed as of January 1, 2024, and reflect the new ownership structure [8][10]. - The financial statements do not recognize goodwill or current profits due to the nature of the transaction being treated as an equity transaction under common control [9][10]. Group 4: Accounting Policies - The company adopts a 12-month accounting cycle and uses the Chinese yuan as its functional currency [12]. - The financial statements are prepared in accordance with the relevant accounting standards, ensuring a true and complete reflection of the company's financial position and operating results [11][12].

宝塔实业股份有限公司 第十届董事会独立董事专门会议 第十五次会议决议 宝塔实业股份有限公司（以下简称"公司" "上市公司" "宝塔实业"）第十届董事会独立董事专门会议第十五次会 议于 2025 年 5 月 30 日以电子邮件方式发出通知，于 2025 年 6 月 6 日以现场及通讯方式召开。本次会议应到独立董事 召集并主持本次会议。本次独立董事专门会议的召集、召开 及表决程序符合《中华人民共和国公司法》 （以下简称"《公 司法》" ）和《宝塔实业股份有限公司章程》 （以下简称" 《公 司章程》 "）等有关法律、法规的规定。 本次会议经参加会议的独立董事认真审议后形成以下 决议： 一、审议通过《关于本次重大资产置换及支付现金购买 资产暨关联交易符合相关法律、法规规定的议案》 就公司拟以重大资产置换及支付现金购买资产的方式 购买宁夏电力投资集团有限公司（以下简称"宁夏电投" "交 易对方" ）持有的宁夏电投新能源有限公司（以下简称"电投 新能源" "标的公司"）100%股权事项（以下简称"本次重组" "本次交易"），根据《公司法》 《中华人民共和国证券法》 （以 下简称"《证券法》"） 《上市公司重大资产重组管理 ...

证券代码：000595 证券简称：*ST 宝实 公告编号：2025-060 宝塔实业股份有限公司 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、董事会会议召开情况 宝塔实业股份有限公司（以下简称"公司""上市公司""宝 塔实业"）第十届董事会第十八次会议于 2025 年 5 月 30 日以 电子邮件方式发出通知，于 2025 年 6 月 6 日以现场及通讯方 式召开。本次会议应到董事 7 名，实到董事 7 名，其中 2 名董 事以通讯方式表决，其余董事以现场方式表决。公司监事和高 级管理人员列席会议。会议由董事长杜志学先生主持，会议的 召开符合《中华人民共和国公司法》 （以下简称"《公司法》"） 等法律法规及《宝塔实业股份有限公司章程》 二、董事会会议审议情况 （以下简称"《公 司章程》"）的规定，所作决议合法有效。 （一）审议通过《关于本次重大资产置换及支付现金购买 资产暨关联交易符合相关法律、法规规定的议案》 就公司拟以重大资产置换及支付现金购买资产的方式购 买宁夏电力投资集团有限公司（以下简称"宁夏电投""交易对 方"）持有的宁夏电投新能源有限公司 ...