Group 1 - The company received a notification from its major shareholder, Shanghai International Group Co., Ltd., regarding the transfer of state-owned shares to support the optimization of state capital layout and structural adjustment [1] - The transfer involves 55,590,000 A-shares (0.58% of total shares) to Jiushi Group and 10,000,000 A-shares (0.10% of total shares) to Shanghai Electric Holding Group [1] - The details of the transfer were disclosed on September 16, 2025, on the Shanghai Stock Exchange website [1] Group 2 - On September 26, 2025, the company received written notification that the transfer had been approved by the Shanghai State-owned Assets Supervision and Administration Commission [2] - Following the completion of the transfer, Shanghai International Group holds 97,128,700 A-shares and 213,043,400 H-shares, totaling 959,554,607 shares (9.97% of total shares) when including its subsidiaries [2] - Jiushi Group directly holds 146,539,460 A-shares (1.52% of total shares) and Shanghai Electric Holding Group holds 10,000,000 A-shares (0.10% of total shares) [2]

Core Viewpoint - The equity adjustment of China Pacific Insurance (Group) Co., Ltd. involves the transfer of shares from Shanghai International Group to Jiushi Group and Shanghai Electric Holding Group to support the optimization of state-owned capital layout and high-quality development [1][2]. Group 1: Share Transfer Details - Shanghai International Group plans to transfer 55.59 million A-shares (0.58% of total shares) to Jiushi Group and 10 million A-shares (0.10% of total shares) to Shanghai Electric Holding Group [1]. - After the transfer, Shanghai International Group's A-share holding in China Pacific Insurance will decrease from 1.69% to 1.01%, while its H-share holding remains unchanged at 2.21% [1]. - Jiushi Group's A-share holding will increase from 0.95% to 1.52%, and Shanghai Electric Holding Group will become a new shareholder with a holding of 0.10% [2]. Group 2: Historical Context - The shares being transferred were originally received by Shanghai International Group from Jiushi Group in April 2021, when Jiushi Group transferred 160 million A-shares (1.66% of total shares) to Shanghai International Group [3]. - Following the previous transfer, Jiushi Group's holding decreased from 2.61% to 0.95%, while Shanghai International Group's holding increased from 0% to 1.66% [3]. - China Pacific Insurance, established in May 1991, is a leading comprehensive insurance group in China, offering a full range of insurance services and listed in Shanghai, Hong Kong, and London [3].

Core Viewpoint - China Pacific Insurance (Group) Co., Ltd. is undergoing a significant change in its shareholder structure, with the transfer of state-owned shares aimed at optimizing capital layout and supporting the high-quality development of associated companies [1] Group 1: Shareholder Changes - Shanghai International Group Co., Ltd., a major shareholder holding over 5% of the company, plans to transfer 55.59 million A-shares (0.58% of total share capital) to Shanghai Jiushi Group Co., Ltd. and 10 million A-shares (0.10% of total share capital) to Shanghai Electric Group Co., Ltd. [1] - The share transfer is a non-compensatory transaction and does not involve a tender offer, with both parties having signed a transfer agreement [1] - The transfer of state-owned shares requires approval from the Shanghai State-owned Assets Supervision and Administration Commission [1]

中国太保（601601）(02601)公布，公司于2025年9月15日收到公司持股5%以上股东上海国际集团有限公 司(以下简称"国际集团")《关于无偿划转中国太平洋保险(集团)股份有限公司国有股份的告知函》，为 支持上海国有资本布局优化和结构调整，支持上海久事(集团)有限公司(以下简称"久事集团")和上海电 气（601727）控股集团有限公司(以下简称"电气控股")高质量发展，国际集团拟将其持有的公司5559万 股A股股份(占公司总股本的0.58%)无偿划转至久事集团，将其持有的公司1000万股A股股份(占公司总 股本的0.10%)无偿划转至电气控股。 本次股东权益变动系国有股权无偿划转，不涉及要约收购，划出方与划入方已经签署了无偿划转协议。 同时，根据《上市公司国有股权监督管理办法》等相关规定，本次国有股权无偿划转尚需经上海市国有 资产监督管理委员会批准。 ...

Group 1 - The company is addressing debt clearance following the transfer of state-owned shares from its controlling shareholder, with a plan to sign a debt offset agreement and a payment agreement to settle a debt of 26.34 million yuan by December 31, 2025 [1][2] - A court ruling has determined that two companies owe the company approximately 520 million yuan in total, including principal and interest, with a partial payment of 6 million yuan already made [1][2] - The debt offset agreement aims to resolve the debt issues between the company and its creditors, ensuring that the company can recover owed amounts without negatively impacting its financial status [2] Group 2 - As of June 30, 2025, the controlling shareholder, Lanzhou Lanshi Group, reported total assets of 35.166 billion yuan and a net asset value of 9.069 billion yuan, with a net loss of 137 million yuan for the first half of 2025 [3] - The state-owned share transfer involved the Gansu Provincial Government transferring 90% of its shares in Lanzhou Lanshi Group to Gansu State-owned Assets Investment Group, maintaining the provincial government as the actual controller [3] - The company has appointed a new deputy general manager, Wang Bingzheng, who has been involved with the company since 1983 [3]

Group 1 - The Gansu Provincial State-owned Assets Supervision and Administration Commission plans to transfer 90% of the shares of Lanzhou Lanshi Group Co., Ltd. to Gansu State Investment Group Co., Ltd. without compensation, which will result in Gansu State Investment indirectly acquiring 6.02 billion shares of Lanzhou Lanshi Heavy Equipment Co., Ltd., accounting for 46.09% of the total share capital [1] - The transfer will not change the controlling shareholder or actual controller of Lanzhou Lanshi Heavy Equipment, as the controlling shareholder remains Lanzhou Lanshi Group and the actual controller is still the Gansu Provincial Government's State-owned Assets Supervision and Administration Commission [1] - The announcement states that the transfer will not impact the financial status, asset value, or ongoing operational capability of Lanzhou Lanshi Heavy Equipment, nor will it harm the interests of the company or other shareholders, especially minority shareholders [1] Group 2 - Gansu State Investment is a large state-owned enterprise approved by the Gansu Provincial Government, with a focus on industrial leadership, capital operation, technological innovation, and safety support [2] - As of now, Gansu State Investment has 61 subsidiaries, with 9 of them being directly or indirectly controlled listed companies [2] - The transfer of shares to Gansu State Investment will strengthen the strategic layout of state-owned capital in the equipment manufacturing sector and enhance the operational efficiency of state-owned capital, contributing to high-quality regional economic development [2]

兰石重装公告，甘肃省人民政府同意将省政府国资委持有的兰石集团90%股权无偿划转至甘肃省国有资 产投资集团有限公司。本次国有股权无偿划转完成后，甘肃省国投集团将通过兰石集团间接收购公司 6.02亿股股份，占公司总股本的46.09%，成为公司间接控股股东。公司控股股东仍为兰石集团，实际控 制人仍为省政府国资委。本次国有股权无偿划转符合《上市公司收购管理办法》相关规定，收购人可以 免于发出要约。本次国有股权无偿划转不会导致公司的控股股东及实际控制人发生变化，对公司的财务 状况、资产价值及持续经营能力不会产生影响。 ...

Group 1 - The core point of the article is that Zhu Guang Group has acquired 90.21% of Da Hengqin Group's shares through a state-owned equity transfer, resulting in an indirect ownership of 60.28% in Shiyong Zhaoye [1] - This acquisition was approved by the government or state-owned asset management department, allowing for a non-compensatory transfer of state assets [1] - The acquisition leads to Zhu Guang Group holding more than 30% of the issued shares of Shiyong Zhaoye, which meets the criteria for exemption from making a public offer as per Article 63 of the Regulations on the Management of Listed Company Acquisitions [1]

Core Viewpoint - Jiangsu Huaxi Village Co., Ltd. is undergoing a significant equity acquisition process, with the Jiangyin Municipal Government's State-owned Assets Supervision and Administration Office (SASAC) indirectly controlling 38.61% of the shares through a series of equity transfers and restructuring efforts aimed at optimizing state-owned capital layout and promoting high-quality development in the region [3][5][6]. Group 1: Acquisition Overview - The acquisition involves the transfer of 51% equity of Ningxiu Construction from Huashi Comprehensive Service Center to Jiangyin SASAC, allowing the latter to control 82,129,483 shares of Huaxi Co., representing 9.27% of the total share capital [5]. - The acquisition does not change the direct controlling shareholder or actual controller of Huaxi Co., which remains Huaxi Group and Jiangyin SASAC, respectively [6][9]. - The acquisition is in compliance with the regulations that exempt it from triggering a mandatory tender offer [5]. Group 2: Compliance and Reporting - The financial advisor confirms that all necessary reporting and disclosure obligations related to the acquisition have been fulfilled by the acquirer and the listed company [6][10]. - The acquirer has provided commitments to maintain the independence of the listed company, avoid competition, and reduce related party transactions [6]. Group 3: Business Operations and Changes - During the supervision period, there have been no significant changes in the main business operations of the listed company [7]. - The company has approved the transfer of shares in a subsidiary, Solstice Optoelectronics, totaling 65,496,500 shares for a total consideration of $20,026.86 million, which is currently in progress [7]. - There have been no major asset sales, mergers, or joint ventures during this period, and the company has not engaged in significant asset purchases or swaps [7]. Group 4: Governance and Management - The company has undergone changes in its board and management personnel, including the election of a new employee director and the resignation of several supervisory board members [8]. - The company has revised its articles of association and governance rules to align with regulatory requirements and operational needs [8]. - There have been no significant changes in employee hiring or dividend policies during the supervision period [9]. Group 5: Summary of Continuous Supervision - The financial advisor concludes that Jiangyin SASAC has complied with all reporting and operational requirements during the acquisition process, with no violations of public commitments identified [10].

9月2日晚间，中国石油天然气股份有限公司（简称中国石油）发布关于国有股份划转的提示性公告。 | 转让方名称 | 中国石油天然气集团有限公司 | | --- | --- | | 受让方名称 | 中国移动通信集团有限公司 | | 转让股份数量(股) | 541.202.377 | 中国石油公告 中国石油表示，此次股东权益变动系因国有股份划转所致，不涉及要约收购，不会导致公司控股股东及 实际控制人发生变更，不会对公司正常生产经营活动构成重大影响。 公告指出，交易双方已签署股份划转协议，此次划转尚需取得国务院国有资产监督管理委员会的批准， 划转股份尚需办理股份过户登记手续。 公告对此次划转的背景做出介绍，是为了 进一步深化中国石油集团与中国移动集团的战略合作，拓宽 合作领域，优化公司股权结构，实现优势互补、合作双赢、共同发展。 长安街知事（微信ID：Capitalnews）注意到，国有股权无偿划转，是指企业国有股权在政府机构、事业 单位、国有独资企业、国有独资公司等法律规定的主体之间的无偿转移。 对此，国务院国资委曾出台《关于企业国有资产办理无偿划转手续的规定》《企业国有产权无偿划转管 理暂行办法》《企业国有产权无偿 ...