（编辑 任世碧） 证券日报网讯 11月26日晚间，实达集团发布公告称，公司股票于2025年11月20日、11月21日、11月24 日、11月25日连续4个交易日内日收盘价格涨幅偏离值累计达到40%以上，公司分别于2025年11月22 日、11月26日在上海证券交易所网站发布了《股票交易异常波动公告》。2025年11月26日公司股票再次 涨停，已连续5个交易日涨停，为提醒投资者理性投资。重大事项情况风险提示：公司于2025年11月5日 披露了《关于收购福建数产名商科技有限公司95%股权暨关联交易的公告》。本次交易事项涉及的相关 正式协议尚未签署，后续是否能签署正式协议、交易能否最终完成尚存在不确定性，敬请投资者注意投 资风险。 ...

国晟科技11月25日晚间公告称，公司拟以2.406亿元的价格受让铜陵正豪科技有限公司、林琴合计持有 的铜陵市孚悦科技有限公司100%股权。本次交易完成后，公司将持有孚悦科技100%股权，孚悦科技将 纳入公司合并报表。本次交易不构成关联交易，不构成重大资产重组。 2025年前三季度，国晟科技实现营业收入约为4.5亿元，同比下降57.79%；实现归属于上市公司股东的 净利润约为-1.51亿元，同比续亏。对于业绩变动的原因，公司在三季报中提到，主要系光伏行业政策 影响，市场需求减少，公司销量下滑所致。 交易所火速下发问询函 国晟科技公告称，公司于25日收到上交所下发的《关于对国晟世安科技股份有限公司收购股权事项的问 询函》。就上述收购资产事项，根据上交所相关规定，要求公司核实并披露以下事项： 公告发布后不久，上交所迅速下发《关于对国晟世安科技股份有限公司收购股权事项的问询函》，要求 公司核实交易公允性、交易对手方、交易后续安排以及内幕交易等事项。上交所特别提到，公司于11月 25日披露收购孚悦科技公告，公告披露前两个交易日公司股价涨停并触及异常波动。 Wind数据显示，11月25日，国晟科技股价涨停，该股最近12个 ...

Core Viewpoint - The company, Eastern Airlines Logistics Co., Ltd., has announced its third-quarter report for 2025, detailing its financial performance and significant transactions, including the early repurchase of two leased aircraft to optimize financial structure and reduce costs [21][30]. Financial Data - The third-quarter financial report is unaudited, and the company emphasizes the accuracy and completeness of the financial information provided [3][7]. - The company has introduced two new aircraft, bringing the total to 18 cargo planes by the end of the reporting period [6]. Major Transactions - The company’s subsidiary, China Cargo Airlines, plans to repurchase two leased aircraft for a total amount not exceeding RMB 1.1 billion, with specific amounts allocated to each leasing company: up to RMB 240 million to Jiaoyin Jinpeng and up to RMB 860 million to Donghang Hu63 [21][23]. - The repurchase is aimed at reducing interest expenses and improving capital efficiency, and it does not incur any early repayment fees [24][30]. Board Decisions - The board meeting held on October 30, 2025, approved the third-quarter report and the early repurchase of the aircraft, with unanimous support from the attending directors [9][25]. - The board also approved the acquisition of a 49% stake in Shanghai Eastern Airlines Supply Chain Management Co., Ltd., which will result in the company owning 100% of the stake post-transaction [15][30]. Related Party Transactions - The repurchase of the aircraft involves related party transactions, as Donghang Hu63 is a related entity, and certain directors recused themselves from the voting process [22][26].

Core Viewpoint - The acquisition of a 20% stake in 德恒建筑发展有限公司 by Ascend Group Holdings Limited is expected to strengthen the company's position in the construction industry and enhance market penetration and customer base [1] Group 1: Acquisition Details - Ascend Group Holdings Limited plans to acquire 20% of the issued shares of 德恒建筑发展有限公司 for a total consideration of HKD 24 million [1] - The payment will be made in two parts: HKD 3 million in cash and HKD 21 million through the issuance of shares at HKD 1.4 per share, representing a premium of approximately 1.4% over the last closing price of HKD 1.38 [1] Group 2: Strategic Implications - The target company has over six years of experience in providing general construction services, including interior decoration, renovation, and extension works [1] - The acquisition is expected to create synergies by combining the company's strong client network, which includes major contractors and government entities, with the target company's expertise and professional knowledge [1] - This strategic move aims to provide more comprehensive services to clients and expand the company's market presence in the construction sector [1]

Core Insights - The company reported a 10.29% year-on-year decline in revenue for the first half of 2025, totaling 997.32 million yuan, and a 13.36% drop in net profit to 32.49 million yuan, while the net profit excluding non-recurring items increased by 15.94% to 50.20 million yuan [1][3][10] Revenue Breakdown - The sugar segment remains the largest revenue contributor, with a 14.95% year-on-year decline in revenue to 715 million yuan, accounting for 71.67% of total revenue [2][4] - The beverage segment saw a slight revenue increase of 1.11% to 154 million yuan, representing 15.44% of total revenue [2][4] - The industrial park operation segment experienced an 8.09% revenue growth to 129 million yuan, making up 12.89% of total revenue [2][4] Sales Channels - The company primarily relies on offline sales for its sugar and beverage products, with online sales accounting for less than 5% of total sales [6] - Online sales of sugar products increased by 20.58% to 2.02 million yuan, constituting only 2.83% of total sugar revenue, while beverage online sales grew by 3.44% to 717,170 yuan, making up 4.66% of beverage revenue [6] Strategic Developments - The company is actively pursuing market expansion, particularly in county and township markets, with a 60% year-on-year increase in sales in external markets and a focus on Southeast Asia [6][10] - The company has adjusted its acquisition strategy from acquiring 100% of Eagle Money to acquiring 39.9996% of Asia Foods, aiming to enhance its beverage segment and eliminate competition issues [7][10]

Meeting Details - The shareholders' meeting was held on August 11, 2025, at the company's first-floor conference room [1] - The meeting was attended by shareholders representing 46.1554% of the total shares [1] - The meeting was convened by the board of directors and chaired by Chairman Xiong Tao, utilizing a combination of on-site and online voting methods [1] Voting Results - All non-cumulative voting proposals were approved with significant support from shareholders, including: - Proposal 1: 99.9415% approval from A-shareholders [1] - Proposal 2: 99.6188% approval from A-shareholders [1] - Proposal 3: 99.8446% approval from A-shareholders [1] - Proposal 4: 99.8525% approval from A-shareholders [1] Legal Compliance - The meeting's procedures, including the convening and voting processes, complied with the Company Law, Shanghai Stock Exchange listing rules, and the company's articles of association [1][2] - The legal opinions were provided by lawyers Liu Yuxin and Chen Ting, confirming the legality and validity of the meeting and its resolutions [2]

Group 1 - The core viewpoint of the announcement is that the company is enhancing its control over its subsidiary by acquiring minority shareholder equity in Yanzhou Dongfang Electromechanical Co., Ltd, which is expected to improve operational efficiency and reduce management costs [1][2] - The Supervisory Board meeting was held on May 30, 2025, with all three supervisors present, and the meeting procedures complied with relevant laws and regulations [1] - The acquisition decision was deemed reasonable and beneficial for the company and minority shareholders, with no adverse effects on the company's ongoing operations [1] Group 2 - The Supervisory Board also approved the re-signing of a financial services agreement with Shandong Energy Group Financial Co., Ltd, which is considered a normal business transaction [2] - The pricing of the financial services agreement was found to be fair and reasonable, adhering to principles of equality and voluntary participation [2] - Both proposals will be submitted for shareholder approval, with related shareholders required to abstain from voting [2]