Core Viewpoint - Dingyang Technology (688112.SH) plans to transfer 3,184,000 shares, representing 2.00% of its total share capital, through a shareholder inquiry transfer, which will not occur via centralized bidding or block trading [1][3] Group 1: Shareholder Transfer Details - The shareholders involved in the transfer include Qin Ke, Shao Haitao, Zhao Yafeng, Dingli Xiangyang, Zhongli Kangding, and Boshi Tongyu, all of whom are either controlling shareholders or acting in concert with Qin Ke [1][3] - The transfer is motivated by the shareholders' need for personal funds [2] - The minimum transfer price will not be lower than 70% of the average stock price over the 20 trading days prior to September 22, 2025 [3] Group 2: Financial Background - Dingyang Technology raised a total of 1.243 billion yuan, with a net amount of 1.151 billion yuan after deducting issuance costs, which is 0.812 billion yuan more than the originally planned fundraising of 0.338 billion yuan [4] - The funds were intended for projects related to high-end general electronic testing measurement instruments and technology upgrades [4] - The company distributed a cash dividend of 0.85 yuan per share and transferred 0.49 shares from capital reserves, resulting in a total share capital of 158,933,383 shares after the distribution [4]

Core Viewpoint - The report details the equity changes of JinkoSolar Holding Co., Ltd. (晶科能源) due to a share transfer involving several entities, resulting in a reduction of their combined shareholding from 68.93% to 64.93%, which touches a 5% integer threshold [19][22]. Group 1: Equity Change Details - The equity change involves a total reduction of 400,208,099 shares, representing approximately 4.00% of the company's total share capital [11][22]. - Prior to the equity change, the combined shareholding of the disclosing parties was 6,896,552,000 shares, accounting for 68.97% of the total shares [10][27]. - Following the equity change, the total shares held by the disclosing parties decreased to 6,496,343,901 shares, which is about 64.93% of the total share capital [10][11]. Group 2: Purpose and Method of Equity Change - The purpose of the equity change is to meet the financial needs of the disclosing parties through an inquiry transfer method, rather than through centralized bidding or block trading [9][22]. - The inquiry transfer price was set at 4.90 yuan per share, with the transfer executed on September 18, 2025 [20][30]. - The disclosing parties, including JinkoSolar Investment Co., Ltd. and several limited partnerships, are considered concerted actors, maintaining control over the company [7][23]. Group 3: Compliance and Disclosure - The disclosing parties have ensured that the report and related documents are truthful, accurate, and complete, taking legal responsibility for any misrepresentation [4][16]. - The report complies with relevant laws and regulations, including the Securities Law of the People's Republic of China and the rules governing the disclosure of equity changes [1][4].

记者：李昕 编辑：褚念颖 参与本次询价转让报价的机构投资者家数为17家，涵盖了基金管理公司、保险公司、证券公司、私募基 金管理人、合格境外投资者等专业机构投资者。初步确定受让方为17家机构投资者，拟受让股份总数为 780.7万股。 本次询价转让不涉及公司控制权变更，不会影响公司治理结构和持续经营。 今日，杭可科技(688006.SH)发布公告称，根据2025年9月16日询价申购情况，初步确定的本次询价转让 价格为28.61元/股。 ...

Core Viewpoint - The company Hangke Technology (688006.SH) announced the preliminary pricing for the share transfer inquiry by shareholder Cao Ji, set at 28.61 yuan per share [1] Group 1 - The share transfer price has been determined at 28.61 yuan per share [1]

Group 1 - The company Longsoft Technology (688078.SH) announced a preliminary inquiry transfer price of 27.28 yuan per share based on the inquiry subscription situation as of September 10, 2025 [1] - The shares to be transferred through the inquiry have been fully subscribed, with a total of 1.2532 million shares to be transferred [1] - The preliminary identified transferees are four institutional investors, and the transferred shares cannot be sold within six months after the transfer [1]

Group 1 - The core point of the report is the equity change of Shanghai Mengke Pharmaceutical Co., Ltd. (stock code: 688373), where Best Idea International Limited has reduced its shareholding from 10.49% to 8.91% through a block trade on September 4, 2025 [1][10][24] - Best Idea International Limited held 68,752,718 shares before the reduction, which accounted for 10.49% of the total shares [9] - The reduction involved the transfer of 10,313,714 shares, representing 1.57% of the total share capital of the company [10][24] Group 2 - The purpose of the equity change is attributed to the funding needs of Best Idea International Limited, leading to the decision to reduce its holdings [7] - There are no plans or agreements for Best Idea International Limited to increase or decrease its shareholding in the next 12 months [8] - The equity change does not require approval from relevant authorities and does not impose any additional conditions [3] Group 3 - The transfer price for the shares was set at 6.57 yuan per share, which is 85% of the average trading price over the previous 20 trading days [26] - The transfer process involved 102 institutional investors, including private equity funds, public funds, and securities companies [26][27] - The transfer will not result in any change in the control of the company, as Best Idea International Limited is not a controlling shareholder [11][19]

Summary of Key Points Core Viewpoint - The report outlines the process and compliance of the share transfer of Shaanxi Huayin Technology Industrial Co., Ltd. to specific institutional investors through a price inquiry method, ensuring adherence to relevant regulations and fairness in the transaction [1][13]. Group 1: Overview of the Share Transfer - The share transfer involves a maximum of 11,665,941 shares, with specific shareholders including Ningbo Huayin Wansheng Investment Partnership and others participating in the transfer [1]. - The shareholding structure as of August 27, 2025, indicates various shareholders with specific percentages of total share capital, such as Luo Fa holding 2,725,707 shares (1.00%) and Bai Hongyan holding 4,088,560 shares (1.50%) [1][2]. Group 2: Pricing and Transfer Method - The price floor for the share transfer is set at no less than 70% of the average trading price over the previous 20 trading days prior to the inquiry date [2]. - The pricing determination follows a competitive bidding process, prioritizing subscription price, subscription quantity, and the time of receipt of subscription forms [3][4]. Group 3: Transfer Process and Compliance - A total of 132 institutional investors were invited to participate in the inquiry, including various types of investment firms [5]. - The inquiry process received 42 valid subscription forms, leading to the initiation of an additional subscription process due to high demand [6]. - The final transfer price was determined to be 56.30 yuan per share, resulting in a total transaction amount of approximately 656.79 million yuan [6][7]. Group 4: Verification of Participants - The report confirms that both the transferors and transferees meet the qualifications set forth in the relevant regulations, ensuring no conflicts of interest or violations of share transfer rules [11][12]. - The participating institutional investors are verified to have the necessary pricing capabilities and risk tolerance, complying with the guidelines for institutional investors [11][12]. Group 5: Conclusion - The inquiry transfer process is deemed legal and compliant with various laws and regulations, ensuring a fair and just outcome for all parties involved [13].

中国经济网北京8月28日讯华秦科技(688281.SH)昨晚发布股东询价转让计划书，拟参与公司首发前股东 询价转让(以下简称"本次询价转让")的股东为宁波华秦万生自有资金投资合伙企业(有限合伙)(以下简 称"华秦万生")、罗发、白红艳、王均芳、李湛、武腾飞(以上股东合并简称"出让方")。出让方拟转让股 份的总数为11,665,941股，占华秦科技总股本的比例为4.28%；本次询价转让不通过集中竞价交易或大 宗交易方式进行，不属于通过二级市场减持。 受让方通过询价转让受让的股份，在受让后6个月内不得转让；本次询价转让的受让方为具备相应定价 能力和风险承受能力的机构投资者。 2022年3月7日，华秦科技在上交所科创板上市，公开发行的股票数量为1666.67万股，发行价格为189.50 元/股，保荐机构(主承销商)为中信建投证券股份有限公司，保荐代表人为闫明、李旭东。 华秦科技本次发行募集资金总额为31.58亿元，扣除发行费用后，募集资金净额为29.58亿元。华秦科技 最终募集资金净额比原计划多16.78亿元。华秦科技于2022年3月2日披露的招股说明书显示，公司拟募 集资金12.80亿元，分别用于特种功能材料产业 ...

Overview - The article discusses the share transfer process of Nanjing Guobo Electronics Co., Ltd. (国博电子) by Tianjin Fenghe Technology Partnership (Limited Partnership) through a price inquiry transfer method, facilitated by CITIC Securities [1][2]. Group 1: Transfer Details - The total number of shares to be transferred is capped at 14,900,373 shares, representing 2.50% of the total share capital of Guobo Electronics [1][2]. - The transfer is conducted under the guidelines of the Shanghai Stock Exchange's inquiry transfer and allocation rules, ensuring fairness and compliance [8][12]. - The minimum transfer price is set at no less than 70% of the average trading price of Guobo Electronics' shares over the 20 trading days prior to August 15, 2025 [2][3]. Group 2: Pricing and Allocation - The final transfer price is determined to be 51.51 yuan per share, resulting in a total transaction amount of approximately 767.52 million yuan [6]. - A total of 23 institutional investors participated in the share allocation, with the allocation process adhering to principles of price priority, quantity priority, and time priority [6][7]. Group 3: Compliance and Verification - The inquiry transfer process has been verified as legal and compliant with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [8][12]. - Both the transferor and transferee qualifications were thoroughly checked, confirming that all parties involved met the necessary criteria for participation in the transfer [9][10].

Core Viewpoint - The article discusses the qualification verification opinion by CITIC Securities regarding the share transfer of Zhejiang Zhenlei Technology Co., Ltd. to specific institutional investors before its initial public offering [1][2]. Group 1: Share Transfer Delegation - CITIC Securities has been entrusted by the shareholders of Zhenlei Technology to organize the inquiry transfer of shares to specific institutional investors [1]. - The transfer is conducted in accordance with relevant regulations, including the implementation opinions for the establishment of the Sci-Tech Innovation Board and the trial registration system [1]. Group 2: Qualification Verification Process - CITIC Securities conducted a qualification verification of the transferring shareholders, who provided a commitment letter regarding their qualifications [2]. - The verification process included interviews, inquiries, and collection of relevant documents, as well as public information searches [2]. Group 3: Verification Results for Shareholders - Hangzhou Chenxin Investment Partnership (Limited Partnership) is a legally existing partnership established on December 9, 2016, with a focus on industrial investment and management [3]. - The partnership has not violated any regulations regarding share reduction and is an action-in-concert party with the actual controller of Zhenlei Technology [3][4]. - The shares intended for transfer are pre-IPO shares and are not subject to any pledges or judicial freezes [4]. Group 4: Additional Shareholder Verification - Hangzhou Zhenlei Investment Partnership (Limited Partnership) was established on March 2, 2017, and is also a legally existing partnership with similar qualifications as Chenxin [5]. - This partnership has complied with all necessary procedures for the share transfer and has not violated any share reduction regulations [5][6]. Group 5: Final Verification Opinion - CITIC Securities concluded that the transferring shareholders meet the qualifications required by the inquiry transfer and distribution guidelines, with no violations found regarding share reduction or other prohibitive circumstances [10][11].