Core Viewpoint - The People's Bank of China has approved the establishment of a new company, Shaanxi Ximei Payment Co., Ltd., through the continuation and division of Shaanxi Coal Trading Center, allowing it to operate as a licensed payment service provider focusing on stored value account operations [3][5]. Company Overview - Shaanxi Coal Trading Center was established in November 2010 and is recognized as one of the three major coal trading centers in China, approved by the Shaanxi provincial government and the State Council [2]. - The center obtained its payment business license from the People's Bank of China in January 2013, which has been successfully renewed in 2018 and 2023, with the current license valid until January 2028 [5][6]. Business Operations - The new company, Ximei Payment, will focus on various payment services including "Qin An Pay" for guaranteed payments, "Qin Chain Pay" for entrusted agency payments, and cross-border RMB payments, targeting large commodity trading, logistics, and cross-border trade sectors [8]. - Ximei Payment aims to provide comprehensive payment solutions for over 4,000 clients, with a cumulative payment volume exceeding 2.7 trillion yuan [8]. Regulatory Compliance - The establishment of Ximei Payment is part of a compliance strategy following the implementation of the Non-Bank Payment Institution Supervision and Management Regulations, which require payment institutions to include "payment" in their names [6][8]. - The Shaanxi Coal Trading Center has maintained a record of compliance, but recently faced a fine of 30,000 yuan for violating payment settlement management regulations, marking its first penalty in nearly twelve years [10][12]. Industry Context - The payment industry is currently undergoing significant regulatory changes, with a focus on optimizing license classifications and strengthening compliance systems [12]. - The recent penalty against Shaanxi Coal Trading Center highlights the importance of adhering to strict regulations regarding payment account management, as violations can lead to severe consequences in the industry [12].

中信建投证券股份有限公司 关于 湖南天雁机械股份有限公司 收购报告书 之 财务顾问报告 财务顾问 二〇二五年七月 重要提示 本部分所述的词语或简称与本财务顾问报告"释义"部分所定义的词语或 简称具有相同的涵义。 本次收购系兵器装备集团实施存续分立，其汽车业务分立至新设的中国长 安汽车，根据《分立协议》约定，分立前兵器装备集团所持辰致集团 100%股权 分立至中国长安汽车。分立完成后，中国长安汽车通过辰致集团间接持有湖南 天雁 37.25%的股份，成为湖南天雁间接控股股东。本次收购完成后，上市公司 的实际控制人保持不变，仍然为国务院国资委，中国长安汽车在湖南天雁拥有 权益的股份比例将超过 30%。本次收购未导致上市公司的实际控制人发生变化， 根据《上市公司收购管理办法》第六十二条第（一）项的相关规定，中国长安 汽车可免于以要约方式增持股份。 中信建投证券接受收购人中国长安汽车的委托，担任本次收购的财务顾问， 依照相关法律法规规定，按照行业公认的业务标准、道德规范，本着诚实信用 和勤勉尽责的原则，在审慎调查的基础上出具本财务顾问报告。 三、对收购人主体资格、经济实力、规范运作能力、其他附加义务及诚信 七、涉及收购 ...