本次增资将有效改善西安睿控的现金流，有利于推进民品业务的进一步拓展，符合公司的发展战略。公 司放弃优先认购权，是基于整体业务战略规划及资金使用效率等综合因素后作出的审慎决策，不存在损 害公司及其他股东特别是中小股东利益的情形。本次增资完成后，西安睿控仍属于公司合并报表范围内 的控股子公司，不会导致公司合并报表范围发生变更，不会对公司的财务状况、经营成果、主营业务和 持续经营能力产生重大影响。 格隆汇11月24日丨旭光电子(600353.SH)公布，为满足自身发展需要，西安睿控拟引入投资方以货币方 式进行增资扩股，其中：盈远双银新兴产业股权投资基金（苏州）合伙企业（有限合伙）出资2000万、 陕西供销知守创业投资合伙企业（有限合伙）出资500万。公司放弃本次优先认购权，综合考虑了公司 整体经营发展及规划，符合公司的整体发展战略。本次增资完成后西安睿控的注册资本将由1692.58万 元增至1880.64万元，公司对西安睿控的持股比例将由35.70%变更为32.13%，西安睿控仍属于公司合并 报表范围内的控股子公司。 ...

Core Viewpoint - The company has approved a proposal for its subsidiary, Aerospace Tianmu (Chongqing) Satellite Technology Co., Ltd., to raise capital through public listing and attract investors [1] Group 1 - The subsidiary, Aerospace Tianmu, will conduct a capital increase through public listing on the Shanghai United Assets and Equity Exchange [1] - Aerospace Xintong Technology Co., Ltd., another subsidiary, has waived its preferential subscription rights for this capital increase [1]

Core Viewpoint - The company announced a plan to increase capital and introduce investors for its subsidiary, Aerospace Tianmu Satellite Technology Co., Ltd., through a public listing process [1] Group 1: Company Actions - The company will hold the 25th meeting of the 10th Board of Directors on November 21, 2025, to review the proposal for capital increase and investor introduction [1] - Aerospace Tianmu Satellite Technology Co., Ltd. intends to raise capital through a public listing to attract new investors [1] - The company's subsidiary, Aerospace Xintong Technology Co., Ltd., has waived its preferential subscription rights for this capital increase [1] Group 2: Implications - Following the completion of this transaction, Aerospace Xintong may no longer be the controlling shareholder of Aerospace Tianmu, which could lead to changes in the consolidation scope of the company's financial statements [1]

公司 Logicore 数字微流控业务目前处于终端产品持续开发进程中，并初步拓展海外市场，尚处于商业 化初期，未正式产生规模化的商业收入。通过本次增资扩股，公司将进一步整合现有数字微流控业务， 在保证对其持续投入资金的同时，提高各项资源利用率，合理分摊投资风险，有利于促进公司数字微流 控业务规划的战略落地，帮助提升公司整体竞争力水平。 格隆汇11月19日丨诺唯赞(688105.SH)公布，为进一步整合公司数字微流控业务、拓展诊断领域国际业 务，公司下属控股子公司Logilet（UK）根据自身经营发展需要与长期业务规划，拟通过增资扩股的方 式引入战略投资者，国君创投SPV、南创投、九安香港、华西银峰拟分别以人民币3,000万元的等值美 元、人民币2,000万元或等值美元、美元400万元、人民币2,000万元或等值美元认购Logilet（UK）新增 A轮优先股。公司全资子公司海南诺唯赞及液滴英国其他股东纽瑞格、荣耀资本均放弃本次增资的优先 认购权。 公司本次放弃液滴英国的优先认购权，系基于公司整体战略规划，结合公司数字微流控业务开展需要和 资本运作规划的综合考虑。本次增资完成后，液滴英国仍为公司控股子公司，不会导 ...

Core Viewpoint - Xiamen Tungsten Co., Ltd. has approved a capital increase for its subsidiary, Jinlong Rare Earth Co., Ltd., through a private placement of shares, aiming to raise up to RMB 40.02 million to supplement working capital [1][8][10]. Group 1: Capital Increase and Share Issuance - The board meeting approved the issuance of up to 26.68 million shares at a price of RMB 1.50 per share, based on the audited net asset value for 2024 [1][10]. - The total expected fundraising amount is not more than RMB 40.02 million, with existing shareholders subscribing according to their shareholding ratios [1][10]. - Major shareholders, including Xiamen Tungsten and related parties, will participate in the subscription, with amounts of RMB 26.09 million, RMB 2.20 million, RMB 0.80 million, and RMB 0.80 million respectively [1][10]. Group 2: Project Approvals - The board also approved a project for Xiamen Xatung Hydrogen Energy Technology Co., Ltd. to invest RMB 236.88 million in a facility to produce 5,000 tons of hydrogen energy materials and 7,000 tons of functional materials, expected to commence production by January 2028 [5][6]. - Additionally, the establishment of a wholly-owned subsidiary for producing 50,000 tons of high-performance battery materials was approved, with an investment of RMB 1.525 billion, projected to be completed by the end of 2029 [6][29]. Group 3: Compliance and Review - The capital increase proposal has been reviewed and approved by the independent directors and the audit committee, with unanimous votes in favor [2][3][31][32]. - The proposal does not require shareholder meeting approval as per relevant regulations [9][35]. Group 4: Strategic Alignment - The capital increase and associated projects align with the company's strategic development needs, enhancing its competitiveness in high-end functional materials and hydrogen energy sectors [5][6][29]. - The company maintains its controlling stake in Jinlong Rare Earth after the share issuance, ensuring no adverse impact on its financial status or operations [1][29].

Core Viewpoint - The company announced that its wholly-owned subsidiary, Anhui Light Alloy, will relinquish its preemptive rights to increase capital in Jinzhai Magnesium Industry, allowing Blue Jing New Energy to invest 133.33 million yuan in Jinzhai Magnesium [1] Group 1 - The board of directors approved the proposal to abandon the preemptive rights for capital increase [1] - Blue Jing New Energy plans to invest 133.33 million yuan, with 33.33 million yuan allocated to registered capital and 100 million yuan to capital reserves [1] - Following the capital increase, Anhui Light Alloy's shareholding will decrease from 100% to 60%, but this will not affect the company's consolidated financial statements [1] Group 2 - The proposal will be submitted for approval at the company's upcoming shareholders' meeting [1] - The company plans to hold its sixth temporary shareholders' meeting on December 4, 2025 [1]

新焦点(00360)发布公告，于2025年11月17日，纽福克斯光电(上海)(公司间接全资附属公司)与中融聚鑫 (作为投资者)订立增资协议，据此，中融聚鑫同意就纽福克斯光电(上海)的10.0%股权向纽福克斯光电 (上海)注资人民币1亿元(相当于约1400万美元)。完成注资后，纽福克斯光电(上海)将由集团及中融聚鑫 分别拥有约90.0%及约10.0%权益。纽福克斯光电(上海)将继续为公司的附属公司，而纽福克斯光电(上 海)的财务业绩将继续在集团财务报表中综合入账。 注资将使纽福克斯光电(上海)能够引入一名新股东，该股东将为纽福克斯光电(上海)的增长及发展带来 额外资本。考虑到中融聚鑫所拥有的业务资源，董事会认为中融聚鑫将为集团成员公司(尤其是纽福克 斯光电(上海))带来新的协同业务发展机会，并为集团提供各种业务及营运支持，从而改善集团的整体业 务营运及财务表现。 纽福克斯光电(上海)为公司的间接全资附属公司，是集团制造业务的经营主体，主要业务是生产和销售 包括逆变器、充电器、多功能电源和冷暖箱在内的汽车电子产品。 ...

Core Viewpoint - The company has approved a plan for its wholly-owned subsidiary, Guangzhou Haige Tianteng Industrial Development Co., Ltd., to raise capital through public listing and introduce strategic investors, with a maximum capital increase amount of 800 million RMB [2][6]. Group 1: Meeting and Decision - The sixth board meeting of the company was held on November 13, 2025, where all nine directors participated in the voting, resulting in unanimous approval for the capital increase proposal [1][3]. - The decision-making process complied with the relevant provisions of the Company Law and the Articles of Association [1]. Group 2: Capital Increase Details - The capital increase will be conducted through the Guangzhou Property Rights Exchange, with the final transaction details remaining uncertain [6][12]. - The maximum amount for the capital increase is set at 800 million RMB, and the new investors will hold no more than 43.44% of the subsidiary's equity after the increase [6][12]. Group 3: Financial and Operational Impact - The subsidiary, Tianteng Industrial, is crucial for the company's industrial base construction and the capital increase is aimed at meeting its operational funding needs, enhancing competitiveness, and accelerating development in the unmanned and low-altitude economy sectors [15]. - The company will maintain its controlling stake in Tianteng Industrial post-capital increase, ensuring no significant adverse impact on its operations [15]. Group 4: Company and Subsidiary Information - Tianteng Industrial was established on February 18, 2022, with a registered capital of 900 million RMB and is located in Guangzhou [8]. - The company currently holds 100% equity in Tianteng Industrial, which will remain within the consolidated financial statements after the capital increase [9][7].

Group 1 - Lideman plans to acquire 70% of Xiansheng Xiangrui for 1.733 billion yuan, entering the biopharmaceutical industry [1] - The acquisition will allow Lideman to quickly penetrate a high-barrier industry, reducing risks associated with product development and market entry [2] - Xiansheng Xiangrui specializes in biopharmaceuticals, focusing on tuberculosis screening and diagnostics [2] Group 2 - SMIC reported a 41.1% year-on-year increase in net profit for the first three quarters, with revenue reaching 49.51 billion yuan [3] - In Q3, SMIC achieved a revenue of 17.16 billion yuan, a 9.99% increase year-on-year, and a net profit of 1.52 billion yuan, up 43.1% [3] Group 3 - Huablu Group is planning a change in control and has suspended trading from November 14 [4] - The change in control is under negotiation, with specific details pending agreement among involved parties [4] Group 4 - ST Dongyi's stock has seen a significant increase of 241.59% since late September, leading to a trading suspension for investigation [5] - The company has experienced multiple instances of abnormal stock price fluctuations, prompting regulatory scrutiny [5] Group 5 - Kanda New Materials has terminated its acquisition of Beiyi Semiconductor due to delays in due diligence and lack of consensus among parties [6] - Haige Communication plans to raise up to 800 million yuan through a public offering to attract strategic investors [7] Group 6 - Ji Electric plans to invest 5.698 billion yuan in a new coal power project with a capacity of 2×66 MW [9] - The project will include advanced environmental controls and is aligned with national energy upgrade initiatives [9] Group 7 - Artis expects Q4 revenue between 1.3 billion to 1.5 billion USD, with a gross margin of 14% to 16% [11] - The company has a backlog of contracts worth 3.1 billion USD as of October 31 [11] Group 8 - China Pacific Insurance reported a 9.9% increase in premium income for its life insurance segment, totaling 241.32 billion yuan [12] - The property insurance segment saw a 0.4% increase in premium income, reaching 173.57 billion yuan [12]

Core Insights - Hubei Bank's core tier one capital adequacy ratio has decreased to 7.74% as of September, down 0.19 percentage points from mid-year, indicating ongoing capital pressure [2][5] - The bank aims to achieve an asset scale exceeding 1 trillion yuan by 2027, despite facing challenges in capital adequacy [4][6] Financial Performance - As of September, Hubei Bank's total assets reached 620.415 billion yuan, a year-on-year increase of 20.26% from 515.899 billion yuan [4] - The bank reported a net profit of 2.411 billion yuan, up 15.43% from 2.089 billion yuan in the same period last year [4] - The non-performing loan balance increased from 5.808 billion yuan to 6.499 billion yuan, but the non-performing loan ratio improved from 1.95% to 1.85% due to loan scale expansion [4] Capital Adequacy - The bank's capital adequacy ratio, tier one capital adequacy ratio, and core tier one capital adequacy ratio were 11.41%, 9.25%, and 7.74%, respectively, all lower than the previous year's figures [5][6] - Hubei Bank's capital adequacy ratios are below the average for city commercial banks, which stood at 12.64% in the second quarter [6] Capital Raising Initiatives - To alleviate capital pressure, Hubei Bank initiated an 18 billion share capital increase plan in 2024, with completion expected by mid-2023 [6][8] - The bank successfully issued 3 billion yuan in perpetual bonds in 2024 to supplement other tier one capital [8] - Hubei Bank's IPO application has been under review since March 2023, with the raised funds intended to enhance core tier one capital [8] Strategic Goals - Hubei Bank is focused on diversifying its capital replenishment channels, including internal profit accumulation and external financing methods [7][9] - The bank's management has expressed the need for support from local investment groups to deepen cooperation in major project financing [4]