证券代码：688639 证券简称：华恒生物 公告编号：2025-030 安徽华恒生物科技股份有限公司 关于筹划公司在香港联合交易所有限公司上市的 科创板股票上市规则》 《境内企业境外发行证券和上市管理试行办法》 《香港联合 交易所有限公司证券上市规则》等相关规定，待确定具体方案后，本次 H 股上市 工作尚需提交公司董事会和股东大会审议，并经中国证券监督管理委员会备案和 香港联交所等监管机构审核。 本次 H 股上市能否通过审议、备案和审核程序并最终实施具有较大不确定性。 公司将依据相关法律法规的规定，根据本次 H 股上市的后续进展情况及时履行信 息披露义务。本次 H 股上市尚存在较大不确定性，敬请广大投资者理性投资，注 意投资风险。 安徽华恒生物科技股份有限公司（以下简称"公司"）为深入推进公司全球 化发展战略，提升品牌影响力与核心竞争力，巩固行业领先地位，充分借助国际 资本市场的资源与机制优势，优化资本结构，拓宽多元融资渠道，全面提升公司 治理水平和综合实力，正在筹划发行境外股份（H 股）并在香港联合交易所有限 公司（以下简称"香港联交所"）上市事宜（以下简称"本次 H 股上市"）。公司 正与相关中介机构就本 ...

滨化股份（601678）(601678.SH)公告，公司目前正在筹划境外发行股份(H股)并在中国香港联交所上市 事项。公司正在与相关中介机构就本次H股上市的具体推进工作进行商讨，相关细节尚未确定。 ...

Core Viewpoint - The company, Binhua Co., Ltd. (601678), is planning to issue H-shares and list on the Hong Kong Stock Exchange, which will not change the current controlling shareholder or actual controller situation [1] Group 1 - The H-share listing is subject to approval from the company's board and shareholders, as well as regulatory review by the China Securities Regulatory Commission and the Hong Kong Stock Exchange [1] - The company will fulfill its information disclosure obligations based on the progress of the H-share listing [1]

Group 1 - The new regulation effective from March 31, 2023, requires domestic companies to obtain a "filing notice" from the China Securities Regulatory Commission (CSRC) before listing in Hong Kong [1] - Aux Electric Co., Ltd. has received the filing notice for its overseas issuance and listing, allowing it to proceed with its plans [2][3] - The company plans to issue up to 517,500,000 ordinary shares for overseas listing on the Hong Kong Stock Exchange [3] Group 2 - Aux Electric has over 30 years of experience in the air conditioning industry, providing a range of products including household and central air conditioning systems [4] - The company operates in over 150 countries and regions, focusing on energy efficiency, comfort, health, and intelligence in its product offerings [4] - According to Frost & Sullivan, Aux Electric is the fifth largest air conditioning provider globally by sales volume, with a market share of 7.1% in 2024 [4] Group 3 - Aux Electric submitted its prospectus to the Hong Kong Stock Exchange on January 16, 2025, with China International Capital Corporation (CICC) as the sole sponsor [5]

Group 1: Core Insights - The article highlights the risks and challenges associated with the contribution of intangible assets in the process of overseas listing for companies [2] - It emphasizes the need for companies to be aware of the potential legal and tax implications arising from the overvaluation of intangible assets [4][8] Group 2: Assessment Risks - There is a risk of inflated valuations of intangible assets, which can lead to legal liabilities for shareholders if the actual value is lower than the assessed value [5] - Assessment institutions may also face legal consequences if their evaluations are found to be inaccurate, as they are responsible for the accuracy of their reports [6] Group 3: Tax Risks - Personal income tax implications arise when shareholders contribute intangible assets, with a 20% tax on capital gains from the transfer of such assets [8] - Corporate income tax benefits can be affected by the overvaluation of intangible assets, leading to potential tax liabilities and penalties if discrepancies are identified by tax authorities [9] - Value-added tax (VAT) treatment varies based on the classification of intangible assets, with potential exemptions for technology-related assets if conditions are met [10] Group 4: Recommendations - Companies are advised to select reputable assessment institutions and establish internal review mechanisms to ensure fair valuations of intangible assets [12] - It is recommended to include liability clauses in contracts with assessment institutions to mitigate risks associated with inaccurate evaluations [12]

Core Viewpoint - The company Tianqi Materials plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its global strategy and competitiveness in the international market [1][2]. Group 1: H-Share Issuance - The company held board and supervisory meetings on July 4, 2025, to approve the proposal for issuing H-shares and listing on the Hong Kong Stock Exchange [1]. - The issuance aims to support the company's global strategy, meet the needs of overseas business development, and improve operational efficiency [1][2]. - The issuance requires approval from the shareholders' meeting and relevant regulatory bodies, including the China Securities Regulatory Commission and the Hong Kong Stock Exchange [2]. Group 2: Financial Performance - In 2024, the company reported a revenue of 12.52 billion yuan, a decrease of 18.74% compared to 2023 [3]. - The net profit attributable to shareholders was 483.93 million yuan, down 74.40% year-on-year [3]. - The net profit after deducting non-recurring gains and losses was 381.60 million yuan, reflecting a decline of 79.08% [3]. - The net cash flow from operating activities was 881.54 million yuan, a decrease of 61.24% compared to the previous year [3]. Group 3: Historical Financial Data - In 2023, the company achieved a revenue of 15.40 billion yuan, down 30.97% from 2022 [4]. - The net profit attributable to shareholders in 2023 was 1.89 billion yuan, a decline of 66.92% year-on-year [4]. - The net profit after deducting non-recurring gains and losses for 2023 was 1.82 billion yuan, down 67.08% compared to 2022 [4]. - The net cash flow from operating activities in 2023 was 2.27 billion yuan, a decrease of 45.38% from 2022 [4].

Group 1 - The core viewpoint of the articles highlights the significant increase in overseas listings by Fujian enterprises, with a total of 7 new companies listed abroad this year, ranking 4th in the number of new listings on the Hong Kong Stock Exchange [1][3] - Yiwate Robot, a company specializing in automation equipment, emphasizes the strategic importance of its NASDAQ listing for attracting international capital and enhancing global influence [1][2] - The trend of Fujian companies going public abroad is supported by the province's strong overseas networks and favorable policies aimed at facilitating international market entry [3][4] Group 2 - Companies like Jihong Co. and Anjiu Food have successfully utilized their listings to enhance their international presence, with Jihong Co. achieving over 60% of its revenue from overseas markets [2][3] - The articles indicate that the majority of Fujian enterprises listed abroad are in consumer sectors, aligning with investor preferences for stable cash flow businesses [4] - The Fujian government has implemented various supportive policies to encourage companies to list overseas, including measures to streamline the listing process for technology firms [5][6]

Group 1 - The China Securities Regulatory Commission (CSRC) issued supplementary material requirements for five companies, including Jianbang High-Tech, which is seeking to list on the Hong Kong Stock Exchange [1] - Jianbang High-Tech is required to clarify the basic information of its actual controller, Chen Jian, and his son, Chen Zichun, regarding any overdue debts, major lawsuits, or asset freezes [1] - The company transferred all shares of its domestic entity, Jianbang New Materials, from Chen Jian to Chen Zichun without compensation due to negative net assets at the time of transfer [1][2] Group 2 - Jianbang High-Tech is a pioneer in the research, development, production, and sales of silver powder, primarily used in photovoltaic silver paste, a key material for solar cell production [2] - The company ranks first among domestic producers and second globally in silver powder sales, with a market share of 9.9% according to Frost & Sullivan [2]

Group 1 - The company plans to issue shares (H-shares) and list on the Hong Kong Stock Exchange to enhance its global strategy, international image, and overall competitiveness [1][2] - The specific details of the H-share issuance and listing are yet to be determined, and discussions with relevant intermediaries will take place [1] - The issuance and listing will require approval from the company's board and shareholders, as well as regulatory review by the China Securities Regulatory Commission and the Hong Kong Stock Exchange, indicating significant uncertainty in the process [2]

Group 1 - The "Zhengzhou Enterprises Hong Kong Listing Full Process Practical Training Conference" was successfully held, focusing on the rules and practical paths of the Hong Kong capital market, attracting over 40 local companies aiming for listing [2][12] - The Zhengzhou Municipal Committee's Financial Office emphasized the strategic significance of supporting companies to list overseas, highlighting the importance of internationalization for enhancing management and governance [2][3] - The local company Mixue Ice Cream's strong performance on the Hong Kong Stock Exchange has boosted confidence for Zhengzhou and Central China enterprises to connect with international capital markets [3] Group 2 - Zhengzhou High-tech Zone is recognized as a significant national high-tech industrial development zone, offering rich innovation resources and a comprehensive financial system to support enterprise growth [5] - The High-tech Zone introduced the "Capital + Industry + Park" development model to provide comprehensive investment services for enterprises [5] - The High-tech Zone's Zhongbu Smart Port project was promoted to potential listing companies, offering diverse service platforms and support systems [5] Group 3 - Experts from renowned institutions were invited to help companies understand Hong Kong's listing policies and address challenges in the listing process [6] - The conference featured presentations on the full IPO process in Hong Kong, including preparation, review, and marketing strategies, with successful case studies provided for reference [8][10] - Tax compliance and planning were highlighted as critical aspects of the listing process, with recommendations for optimizing tax management to ensure a smooth listing [10][11] Group 4 - The conference successfully deepened the understanding of the Hong Kong listing process among participating companies, establishing a solid bridge for Zhengzhou enterprises to enter international capital markets [12] - Zhengzhou High-tech Industry Investment Group will continue to leverage its advantages to provide comprehensive services and support for enterprises aiming for international market entry [12]