Group 1 - The company plans to sell 100% equity of Sichuan Development Maglev Technology Co., Ltd. and related assets to Sichuan Shudao Rail Transit Group Co., Ltd., and 100% equity of Chengdu Xinzhu Transportation Technology Co., Ltd. to Sichuan Road and Bridge Construction Group Co., Ltd. [1] - The company intends to issue shares and pay cash to acquire 60% equity of Sichuan Shudao Clean Energy Group Co., Ltd. from Shudao Investment Group Co., Ltd. [1] - This transaction is expected to constitute a major asset restructuring as it meets the standards set by the "Restructuring Management Measures" [1] Group 2 - The transaction is classified as a related party transaction since the counterparties are controlled by the company's controlling shareholder, Shudao Group [2] - The change in controlling shareholder is due to the free transfer of state-owned equity, which does not constitute a change in control according to relevant regulations [2] - Therefore, this transaction does not qualify as a restructuring listing under the "Restructuring Management Measures" [2]

《上 成都市新筑路桥机械股份有限公司董事会 关于本次交易采取的保密措施及保密制度的说明 成都市新筑路桥机械股份有限公司（以下简称"公司" ）拟向四川蜀道轨道交 通集团有限责任公司出售四川发展磁浮科技有限公司 100%股权、对四川发展磁浮 科技有限公司享有的债权以及其它与轨道交通业务有关的部分资产，拟向四川路 桥建设集团股份有限公司出售成都市新筑交通科技有限公司 100%股权以及其它与 桥梁功能部件业务有关的资产和负债；同时，公司拟向蜀道投资集团有限责任公司 发行股份及支付现金购买四川蜀道清洁能源集团有限公司 60%股权并募集配套资 金（以下简称"本次交易" 根据《上市公司重大资产重组管理办法》 《上市公司信息披露管理办法》 特此说明。 （以下无正文） （本页无正文，为《成都市新筑路桥机械股份有限公司董事会关于本次交易采取 的保密措施及保密制度的说明》之盖章页） 成都市新筑路桥机械股份有限公司 董 事 会 市公司监管指引第 5 号——上市公司内幕信息知情人登记管理制度》等相关规定 的要求，筹划本次交易期间，为防止敏感信息泄露导致股价出现异常波动损害投 资者利益，本次各交易相关方就本次重组事宜采取了严格的保密措施 ...

通集团有限责任公司出售四川发展磁浮科技有限公司 100%股权、对四川发展磁浮 科技有限公司享有的债权以及其它与轨道交通业务有关的部分资产，拟向四川路 桥建设集团股份有限公司出售成都市新筑交通科技有限公司 100%股权以及其它与 桥梁功能部件业务有关的资产和负债；同时，公司拟向蜀道投资集团有限责任公司 发行股份及支付现金购买四川蜀道清洁能源集团有限公司 60%股权并募集配套资 金（以下简称"本次交易" 成都市新筑路桥机械股份有限公司董事会 关于本次交易前十二个月内上市公司购买、出售资产的说明 成都市新筑路桥机械股份有限公司（以下简称"公司" ）。 根据《上市公司重大资产重组管理办法》规定："上市公司在十二个月内连 续对同一或者相关资产进行购买、出售的，以其累计数分别计算相应数额。已按 照本办法的规定编制并披露重大资产重组报告书的资产交易行为，无须纳入累计 计算的范围。中国证监会对本办法第十三条第一款规定的重大资产重组的累计期 限和范围另有规定的，从其规定。交易标的资产属于同一交易方所有或者控制， 或者属于相同或者相近的业务范围，或者中国证监会认定的其他情形下，可以认 定为同一或者相关资产"。 ）拟向四川蜀道轨道 ...

（二）最近一年财务报表的编制和披露在重大方面不符合企业会计准则或者 相关信息披露规则的规定；最近一年财务会计报告被出具否定意见或者无法表示 意见的审计报告；最近一年财务会计报告被出具保留意见的审计报告，且保留意 见所涉及事项对上市公司的重大不利影响尚未消除。本次发行涉及重大资产重组 的除外； （三）现任董事、监事和高级管理人员最近三年受到中国证监会行政处罚， 或者最近一年受到证券交易所公开谴责； 成都市新筑路桥机械股份有限公司董事会 关于本次交易不存在《上市公司证券发行注册管理办法》第十一条 规定的不得向特定对象发行股票的情形的说明 成都市新筑路桥机械股份有限公司（以下简称"公司" ）拟向四川蜀道轨道交 通集团有限责任公司出售四川发展磁浮科技有限公司 100%股权、对四川发展磁浮 科技有限公司享有的债权以及其它与轨道交通业务有关的部分资产，拟向四川路 桥建设集团股份有限公司出售成都市新筑交通科技有限公司 100%股权以及其它与 桥梁功能部件业务有关的资产和负债；同时，公司拟向蜀道投资集团有限责任公司 发行股份及支付现金购买四川蜀道清洁能源集团有限公司 60%股权并募集配套资 金（以下简称"本次交易" ）。 根 ...

Group 1 - The company plans to conduct a major asset sale, issue shares, and pay cash to acquire assets, along with raising supporting funds [8][18][19] - The major asset sale involves selling 100% equity of Chuanfa Maglev and other related assets to Sichuan Shudao Rail Transit Group, and selling 100% equity of Xinjian Transportation Science and Technology to Sichuan Road and Bridge [8][18] - The company intends to issue shares and pay cash to acquire 60% equity of Shudao Clean Energy from Shudao Group, which will become a controlling subsidiary post-transaction [8][9][18] Group 2 - The transaction is subject to approval from the shareholders' meeting and regulatory bodies, including the Shenzhen Stock Exchange and the China Securities Regulatory Commission [3][19] - The final transaction price for the assets will be based on evaluations conducted by qualified institutions and approved by relevant authorities [10][18] - The company aims to optimize its business focus by exiting the maglev and bridge component sectors, concentrating on clean energy generation [18][19] Group 3 - The company will raise supporting funds through issuing shares to no more than 35 specific investors, with the total amount not exceeding 100% of the transaction price for the asset acquisition [13][14] - The funds raised will be used for cash payments, taxes, intermediary fees, and to support the construction of Shudao Clean Energy projects [14][18] - The issuance of shares will be priced at no less than 80% of the average trading price over a specified period prior to the pricing date [10][11][14]

成都市新筑路桥机械股份有限公司董事会 关于本次交易符合《上市公司重大资产重组管理办法》第十一条、 第四十三条和第四十四条规定的说明 成都市新筑路桥机械股份有限公司（以下简称"公司" ）拟向四川蜀道轨道交 通集团有限责任公司出售四川发展磁浮科技有限公司 100%股权、对四川发展磁浮 科技有限公司享有的债权以及其它与轨道交通业务有关的部分资产，拟向四川路 桥建设集团股份有限公司出售成都市新筑交通科技有限公司 100%股权以及其它与 桥梁功能部件业务有关的资产和负债；同时，公司拟向蜀道投资集团有限责任公司 发行股份及支付现金购买四川蜀道清洁能源集团有限公司 60%股权并募集配套资 金（以下简称"本次交易" ），本次交易预计构成重大资产重组。 公司董事会对本次交易是否符合《上市公司重大资产重组管理办法》 （以下简 称" 相关债权债务处理合法； 要资产为现金或者无具体经营业务的情形； 制人及其关联人保持独立，符合中国证监会关于独立性的相关规定； 《中华人民共和国证 券法》和中国证监会的有关要求，建立了相应的法人治理结构。本次交易完成后， 公司仍将严格按照法律、法规和规范性文件及《公司章程》的要求规范运作，不 断完善公司 ...

领益智造（002600）公告，公司拟通过发行可转换公司债券及支付现金的方式，购买江苏科达斯特恩汽 车股份有限公司66.46%股权并募集配套资金。公司近日收到深圳证券交易所出具的《关于受理广东领 益智造股份有限公司发行可转换为股票的公司债券购买资产并募集配套资金申请文件的通知》。深交所 认为申请文件齐备，决定予以受理。本次交易尚需通过深交所审核并取得中国证券监督管理委员会同意 注册的批复，最终能否通过审核、取得注册，以及最终通过审核、取得注册的时间仍存在不确定性。 ...

Core Viewpoint - HNA Holding plans to acquire 100% equity of Tianyu Flight Training Co., Ltd. from Hainan Airport Development Industry Group for a cash consideration of 799 million yuan, which is recognized as a major asset restructuring [1] Group 1: Transaction Details - The acquisition will allow HNA Holding to regain control of Tianyu Flight Training, which was previously a wholly-owned subsidiary [1] - Tianyu Flight Training's main business includes flight training, cabin training, simulator maintenance, and flight experience services, which align with HNA Holding's core operations [1] Group 2: Financial Performance - Tianyu Flight Training's revenue for 2023 and 2024 is projected to be 421.09 million yuan and 384.74 million yuan, respectively, with net profits of 184.65 million yuan and 69.86 million yuan [1] - The business has a high revenue concentration, with sales from the top five customers accounting for 95.82% and 97% of total revenue in 2023 and 2024, respectively [2] - Revenue from the largest customer, Hainan Airlines Group, represents 82.83% and 82.49% of total revenue for the same periods [2] Group 3: HNA Holding Overview - HNA Holding, established in January 1993, primarily engages in domestic and international air passenger and cargo transportation, operating over 1,400 routes as of 2024 [2] - The company reported a revenue of 65.236 billion yuan in 2024, an increase of 11.25% year-on-year, but incurred a net loss of 921 million yuan [2] - HNA Holding's debt-to-asset ratio was 98.82% and 98.91% at the end of 2023 and 2024, respectively, indicating significant financial pressure [2]

Financial News - Dongguan Rural Commercial Bank ranked last among 72 bond underwriters and received a D rating, which may lead to the cancellation of its business qualifications if it continues to be rated D for two consecutive years [2][3] - The bank faced administrative penalties totaling 800,000 yuan due to inadequate bond underwriting management and inappropriate sales of insurance products to elderly clients [2] Listed Company Dynamics - Jincheng Holdings' controlling shareholder is set to auction 35 million shares, representing 16.59% of its holdings and 3.91% of the company's total shares, due to debt issues [4][5] - The auction is scheduled for July 7-8, 2025, following a previous successful auction of 32.3 million shares [5] - Jiahe Intelligent plans to acquire the German audio brand Beyerdynamic for approximately 1.22 billion euros (about 996 million yuan), aiming to enhance its market competitiveness in the high-end audio sector [6][7] - Lvtong Technology intends to acquire at least 51% of Jiangsu Damo Semiconductor, aiming to diversify from its current electric vehicle business amid declining performance since its IPO [8][9] - Yuehongyuan A announced the termination of its plan to acquire 60% of Bochuang Intelligent due to disagreements over transaction pricing [10] - Zhongsheng Pharmaceutical plans to redirect approximately 103 million yuan of its fundraising to new drug development projects, terminating previous projects related to anti-tumor drug research and digital platform upgrades [11][12] - Shenglan Co., Ltd. received approval from the Shenzhen Stock Exchange for its plan to issue convertible bonds not exceeding 450 million yuan for various production and research projects [13]

◎记者 何治民 今年1月2日，粤宏远A启动此次重组，公司拟通过支付现金方式购买博创智能约60%股份，若交易完成 后，博创智能将成为公司的控股子公司。交易相关方于1月2日签订了《股份转让之意向协议》。根据初 步测算，本次交易预计将构成重大资产重组，但不涉及公司发行股份，也不会导致公司控制权变更。 粤宏远A目前以房地产开发和销售为主营业务，同时经营再生铅等业务。博创智能主要产品为智能注塑 成型装备，智能注塑成型装备是加工高分子复合材料的工作母机，属于战略性新兴产业分类的高端装备 制造产业。 "本次交易围绕战略性新兴产业开展，公司将从传统房地产业务向高端装备制造领域转型，有利于上市 公司寻求新的利润增长点和第二增长曲线。"粤宏远A彼时公告称。 然而，粤宏远A于6月6日晚公告，由于交易各方未能就交易的最终方案达成一致，拟终止本次筹划的重 大资产重组事项。 三名自然人精准"押宝"重组 筹划5个月后，粤宏远A终止重大资产重组，这意味着公司由房企向高端装备制造企业转型失利。然 而，三名自然人在公司重组前精准"埋伏"进入前十大股东榜，伴随重组消息释放股价接连涨停，他们坐 收其利。如今重组告吹，回看公司一季报前十大股东榜，这三 ...