根据北京产权交易所披露的信息，航天科工火箭技术有限公司（简称"科工火箭"）29.5904%的股权正以约33亿元人民币的底价挂 牌转让，转让方为其控股股东中国航天三江集团有限公司（简称"航天三江"）。 若此次交易完成，航天三江的持股比例将从目前的56.4347%降至26.8443%，不再拥有控股权。交易条件中明确要求，意向受让 方须承诺在交易完成后办理标的企业名称变更，且不得再以中国航天科工集团有限公司（简称"航天科工集团"）子企业的名义开 展任何经营活动。 这意味着，作为国内首家商业火箭公司，科工火箭将实质上脱离其原有的主要股东体系。 科工火箭成立于2016年2月，是中国第一家以纯商业模式开展运载火箭研发和应用的专业化公司。 其成立之初曾因"火箭发射"的经营范围注册问题而需获得国家工商总局的特批，具有开创性意义。该公司是航天科工集团引入社 会资本、进行混合所有制改革的早期试点项目。 其控股股东航天科工集团是中国航天防务和运载火箭研制领域的核心国有企业。 当前商业航天发射市场竞争激烈，尤其在固体火箭领域。 科工火箭面临来自多家民营公司的直接竞争，例如中科宇航的"力箭一号"、星河动力的"谷神星一号"、星际荣耀的" ...

Core Viewpoint - The case of Bu Mounshan, a former official convicted of bribery, being appointed as a senior executive in a state-owned enterprise raises serious concerns about compliance with national regulations regarding the appointment of executives in state-owned enterprises [1][2][7]. Group 1: Evidence of Misconduct - Bu Mounshan was sentenced to five years and six months in prison for bribery and was appointed as a senior executive at Taizhou Xiabei New Green Building Materials Technology Co., Ltd. after his release [1][2]. - Wang Zhili, the founder of Xiabei Company, reported this irregularity to various disciplinary inspection and supervisory authorities, highlighting that Bu's appointment contradicts the "Enterprise State-owned Assets Law" and "Regulations on Integrity in State-owned Enterprises" [1][7]. - Evidence indicates that Bu received a salary and bonuses for several years while holding this position, despite his claims of not being a "senior executive" [1][9]. Group 2: Company Background and Changes - Xiabei Company underwent its first mixed-ownership reform in December 2019, where Jindong City Investment acquired a 40% stake by investing 24 million yuan [4][26]. - Following the reform, Bu was appointed as the head of the marketing department shortly after his release from prison, which was formalized in a board resolution [4][26]. - In November 2022, during a second mixed-ownership reform, Jindong City Investment increased its stake to 55%, gaining control over Xiabei Company, and subsequently appointed Bu as a senior executive [5][26]. Group 3: Financial Performance and Challenges - Financial records show that Bu received over 580,000 yuan in salary and bonuses from 2020 to 2023, with the highest amount in 2022 reaching 250,000 yuan [9][29]. - The company's revenue has significantly declined from an average of over 20 million yuan annually before Jindong City Investment's control to only several hundred thousand yuan in the first half of 2025 [19][36]. - The company is facing severe operational challenges, including a complete shutdown and layoffs, as it struggles to maintain its business viability [19][36][40]. Group 4: Regulatory and Government Response - The local government has formed a task force to address the challenges faced by Xiabei Company, but there has been no substantial progress reported [21][40]. - The situation reflects a broader issue of distrust between private and state-owned enterprises, as indicated by the struggles of several mixed-ownership companies in the region [36][40].

日前，据证监会公布的公开发行辅导公示信息显示，在经历了近两年时间的上市辅导后，中国盐业股份 有限公司（下称"中盐股份"）已向北京证监局递交了上市辅导工作的完成报告并进入验收环节。 如果中盐股份一旦顺利获得上市辅导验收工作完成函，这就意味着其基本完成了正式递交上市申请前的 所有准备，距离正式申报IPO仅一步之遥。 导读："与红四方不足5亿的IPO募资计划相比，中盐股份此次IPO的融资规模要大得多，应在数十亿级 别左右，这将是A股盐企IPO迄今为止最大的一笔募资计划。"一位来自于国内某中字头大型券商的资深 保荐代表人告诉叩叩财经，早在2019年，中盐股份进行混合制改制并引入战投机构时，其估值就已经接 近150亿，经过了近六年的发展，按IPO需"公开发行股份的比例为10%以上"的规定，其此次IPO融资规 模就将属于"巨无霸"级别的。 作者：赵 擎@北京 编辑：翟 睿@北京 2025年12月3日，央企中核集团旗下的中国铀业成功登陆深交所主板挂牌上市交易，其以44.4亿的募资 规模，成为了2025年内A股融资规模第三大的IPO。 而在上市当日，中国铀业开盘即暴涨246.56%，让其市值也顺利突破千亿规模。 半个月后，又 ...

12月18日，记者从清研（洛阳）科技产业有限公司（以下简称"清研洛阳"）获悉，该公司近日顺利完成 国有股权变更登记，标志着河南省首例新型研发机构混合所有制改革在洛阳正式落地，这对于全省构 建"政产学研用金"深度融合的创新生态具有重要引领意义。 清研洛阳前身为清研（洛阳）先进制造产业研究院，是我省首批重大新型研发机构之一。成立以来，该 机构随着产业项目规模持续扩大，原有以事业单位为主的体制在资源整合、决策效率和人才激励等方面 逐渐显现出局限性。 通过此次改革，清研洛阳成功构建起"民资控股+国资赋能+团队持股"的三方协同新生态，有效破解了 资源整合效率低、决策链条冗长、人才激励不足等体制机制难题，真正实现了"科技研发"与"市场运 营"双轮驱动：其国有股权由洛阳自创综合服务中心划转至洛阳科创集团、洛阳国苑科创，实现国资精 准赋能；公开引入北京清研智造作为战略投资者，为清研洛阳导入优质产业链资源与成熟的市场化运营 经验；通过骨干员工持股机制，形成"风险共担、利益共享"的长效激励模式，有效稳定核心团队、激发 创新活力。 截至目前，改革红利正逐步显现：决策流程显著优化，项目审批从"多部门串联"转为"一线团队并联"， 研发 ...

小时候家里的第一台彩色电视，大概率是印着"长虹"logo的；长辈总念叨"买电视就选长虹，皮实耐 用"，逢年过节一大家子围在屏幕前看春晚，那台笨重的CRT电视，是无数中国人的童年记忆。在很多 人印象里，长虹就是"家电代名词"——冰箱、空调、洗衣机样样齐全，甚至冰箱压缩机连续十二年全球 销量第一。 可谁能想到，如今的长虹早已跳出家电圈，悄悄成为国产航空动力的"核心心脏"供应商，从客厅里的日 常家电，到蓝天之上的国之重器，这场价值跃迁藏着太多硬核故事，每一个成果都有权威数据撑腰。 其实长虹的转型不是"跨界突袭"，而是有深厚的根基。很多人不知道，长虹前身是1958年成立的国营长 虹机器厂，本身就是"一五"期间国家156项重点工程之一，自带军工基因。2015年国企改革三年行动启 动后，长虹借着政策东风加速转型，一边做强家电主业，一边往新能源、半导体、航空航天等高端制造 领域发力，用四川日报的话说，就是"成熟产业稳底盘，新兴产业拓空间"。 如今长虹电源已是中国最大的航空应急电源提供商之一，国内市场占有率超70%，不仅给C919供货，还 为波音、空客等国外民航飞机配套应急电源，甚至参与制定了国内民用航空蓄电池组的技术标准。 ...

近日，记者从清城区石角镇获悉，由清远市清城区石角镇镇属企业与广东东韵投资控 股有限公司合资组建的混合所有制企业——广东东确建筑工程有限公司正式成立，标志着石 角镇正向深化经济体制改革，促进城乡区域高质量发展迈出实质性的步伐。 清城区石角镇位于清远南部，是深度融入粤港澳大湾区的战略门户与产业重镇。近年 来，石角镇正以"百千万工程"三年初见成效为关键节点，聚焦优化营商环境、强化基础设 施、破解历史难题、创新服务机制、提升民生福祉等重点领域持续发力，推动镇域综合实力 稳步提升，建滔集团、江西铜业、金发科技等行业领军企业相继落户。依托广清产业园、广 清纺织服装产业园等重要载体，石角镇逐步形成了涵盖泛时尚、金属新材料、电子信息、生 物医学、物流等"3+2"主导产业集群。 "引入混合所有制企业，是石角镇做强镇域经济、优化产业结构的关键一步。"石角镇 相关负责人表示，镇属企业具备较强资源整合优势，民营企业则带来活力与专业运营能力， 二者的有机结合将有力地激发市场主体的创新动力，为石角镇实现"千亿产业大镇"目标和促 进城乡融合发展注入强劲动能。 "通过公司专业的运营能力带动镇属企业长足发展，壮大区域经济体量，是龙头企业应 尽 ...

Core Viewpoint - Zhongneng Electric has announced an investment plan to acquire 65% stakes in three companies, aiming to fill gaps in its high-voltage product offerings and enhance its market position [1][4]. Group 1: Acquisition Details - The total base price for the three acquisitions is estimated at 857 million yuan [2][3]. - The targeted companies include Dacheng Electric, Dacheng High Voltage Switch, and Shuifa Chixiang Electric, with respective debts of 96.32 million yuan, 114 million yuan, and 81.69 million yuan [3]. - The acquisition is part of a strategic move to strengthen the company's position in the high-voltage sector, which is crucial for future competitiveness [4][5]. Group 2: Financial Implications - The projected combined revenue for the acquired companies in 2024 is approximately 1.154 billion yuan, which would double Zhongneng Electric's revenue [5]. - However, two of the targeted companies reported significant losses in the first ten months of 2025, totaling 44.96 million yuan, which poses a risk to Zhongneng Electric's financial health [6][7]. Group 3: Strategic Intent - The acquisition is described as a "strategic positioning" move to transition from medium-voltage to high-voltage products, aiming to overcome market barriers and enhance overall competitiveness [4][8]. - The targeted companies primarily serve major clients like the State Grid, indicating a focus on high-value contracts and market share expansion [4]. Group 4: Challenges and Risks - The acquisition process involves uncertainties, including the potential for not securing the bids due to market competition and the need for substantial upfront cash [6][8]. - Zhongneng Electric's current cash balance of 661 million yuan is insufficient to cover the total base price of 857 million yuan, raising concerns about funding the acquisition [8].

《条例》提出，支持民营经济组织通过产权交易、并购重组等方式盘活自身存量资产。鼓励和支持民营 经济组织依法通过出资入股、收购股权、认购可转债、股权置换等形式，参与国有企业改制重组、合资 经营和混合所有制改革。 人民财讯12月7日电，据"福建发布"消息，《福建省民营经济促进条例》已由福建省第十四届人民代表 大会常务委员会第十九次会议于2025年11月27日通过，现予公布。本条例自2026年1月1日起施行。 ...

Core Viewpoint - Zhongneng Electric plans to acquire control of three companies, which is expected to constitute a significant asset restructuring [2][5][11]. Group 1: Acquisition Details - Zhongneng Electric intends to purchase 65% equity and related debts of Shandong Dachai Electric Co., Shandong Dachai High Voltage Switch Co., and Shuifa Chixiang Electric (Shandong) Co. for a total transaction value of approximately 857 million yuan [2][7]. - The acquisition will be conducted through public bidding at the Shandong Property Rights Exchange, with a total base price of 857 million yuan for the three assets [7][8]. - The company plans to fund the entire transaction with self-raised funds, without issuing new shares [7][8]. Group 2: Financial Performance of Target Companies - The three target companies show significant financial performance divergence, with combined projected revenues for 2024 reaching approximately 1.154 billion yuan, which represents 100.56% of Zhongneng Electric's expected revenue for the same period [7][9]. - Dachai Electric reported a net loss of 30.83 million yuan, while Dachai High Voltage also incurred a loss of 14.14 million yuan; in contrast, Shuifa Chixiang achieved a net profit of 10.54 million yuan [9][10]. - The total assets of the target companies amount to approximately 1.42 billion yuan, with net assets of about 747 million yuan [8][9]. Group 3: Strategic Rationale - The acquisition aims to fill the product gap in the high-voltage sector, enhancing Zhongneng Electric's product offerings and aligning with its strategic shift from medium-voltage to high-voltage products [5][11][12]. - The target companies specialize in high-voltage transformers and switches, which are critical for the new power system construction, thus positioning Zhongneng Electric to better compete in the market [11][12]. - The acquisition will provide access to established customer resources and qualifications in the mainstream power market, particularly with State Grid and other major clients [12][13].

中能电气称，公司正在筹划以支付现金的方式购买山东达驰电气有限公司（以下简称达驰电气）65%股 权及9631.69万元债权、山东达驰高压开关有限公司（以下简称达驰高压）65%股权及11396.18万元债 权、水发驰翔电气（山东）有限公司（以下简称水发驰翔）65%股权及8168.71万元债权。 根据初步测算，本次交易可能构成重大资产重组。因本次交易不涉及发行股份，根据"审慎停牌、分阶 段披露"的原则，公司股票不停牌。 【导读】中能电气拟竞拍三家公司控制权，预计构成重大资产重组 中国基金报记者夏天 股价大涨超12%后，中能电气（证券代码：300062）于12月5日晚间披露了一份重大资产重组公告。 中能电气表示，本次收购3家公司控制权，旨在进行同产业链并购，丰富公司产品品类，填补公司产品 在高压领域的空白。 3家标的公司财务表现显著分化 根据公告，中能电气本次计划收购达驰电气、达驰高压、水发驰翔各65%股权及相关债权。 这三笔交易均将通过山东产权交易中心以公开竞价方式完成。根据该中心挂牌信息，三项资产的转让底 价分别为4.71亿元、1.91亿元和1.95亿元，合计8.57亿元。 从支付安排看，中能电气明确表示，交易对 ...