（来源：新华日报） □ 本报记者 晏培娟 艾培 通讯员 郑菡 12月15日，记者在江苏天工钛晶新材料有限公司的项目现场看到，厂房已进入主体施工阶段。通过打造 国内先进的等离子雾化制粉生产线，一个高端钛合金粉末生产基地正在加速建设。这家由江苏天工科技 股份有限公司（下称"天工股份"）控股，于今年8月设立的新公司，正全力切入增材制造（3D打印）的 产业链上游，填补国内高端钛合金粉末领域的空白。作为钛合金新材料领域的国家级专精特新"小巨 人"企业，天工股份依托国内首创的短流程制备技术，自今年5月在北交所上市以来市值已突破125亿 元，目前居北交所市值前五。 今年以来，资本市场"镇江板块"总量增至26家，其中境内上市公司23家，数量居全省第六。值得一提的 是，今年以来镇江北交所上市企业增量位列全省第二。金融活水持续浇灌科创"沃土"，为镇江产业强 市"一号战略"注入强劲动能。镇江市委书记马明龙表示，将以更有力度的金融服务，推动资金链和创新 链无缝衔接、资金链和产业链深度融合、资金链和人才链良性互动，深入打好"扬帆计划""云帆计划"等 金融赋能"组合拳"，帮助企业更好地借力资本东风、实现扬帆远航。 "镇江速度"凸显，上市 ...

Core Viewpoint - The company Jiaocheng Ultrasonic has filed a lawsuit against its former partners, Sachi Intelligent Equipment Co., Ltd. and Anhui Jichi Tire Co., Ltd., to recover overdue payments totaling 48.7971 million yuan and associated late fees [2][3]. Group 1: Legal Proceedings - Jiaocheng Ultrasonic initiated legal action on December 19, 2024, against Sachi and Jichi for unpaid debts stemming from a strategic cooperation agreement signed in May 2024 [2]. - The lawsuit claims that Sachi has failed to pay the remaining balance of 48.7971 million yuan, with additional overdue payment penalties amounting to 4.3592 million yuan [3]. - The Shanghai Minhang District People's Court has accepted the case, although it has not yet been scheduled for a hearing [3]. Group 2: Company Background and Financial Issues - Sachi Intelligent Equipment is described as a leading global manufacturer of high-end intelligent equipment, with a product range that includes semi-steel radial tire forming machines and hydraulic vulcanizers [9]. - Jichi Tire has faced internal disputes, with allegations of mismanagement and financial misconduct by the previous management team, which has contributed to its current financial troubles [9]. - The equity held by Jiangsu Shunbang in Jichi Tire, amounting to 49.55%, has been frozen by the court, with an assessed value of 19.4035 million yuan, and is set for judicial auction in January 2026 [10].

Core Viewpoint - The article discusses the tax incentives and policies aimed at supporting the development of the manufacturing industry in China, particularly focusing on accelerated depreciation methods for fixed assets and the benefits for small and micro enterprises [20][21]. Group 1: Accelerated Depreciation Policies - Enterprises can shorten the depreciation period or adopt accelerated depreciation methods for fixed assets that are subject to rapid technological advancements or are in harsh operating conditions [4]. - The minimum depreciation period for shortened depreciation methods cannot be less than 60% of the prescribed depreciation period [10]. - Accelerated depreciation methods include double declining balance or sum-of-the-years-digits methods, which must be consistently applied once chosen [12]. Group 2: Eligibility and Application - Eligible enterprises include those in the manufacturing sector, information transmission, software, and IT services, with specific conditions outlined for integrated circuit manufacturing companies [8][9]. - The application process for tax benefits includes monthly and quarterly prepayment declarations and annual tax reconciliation submissions [13]. - Required documentation for claiming benefits includes invoices for fixed asset purchases and records demonstrating compliance with industry standards [14]. Group 3: Tax Incentives for Small and Micro Enterprises - Small and micro enterprises can benefit from a 25% reduction in taxable income, with a tax rate of 20% applicable from January 1, 2023, to December 31, 2027 [31][32]. - To qualify, enterprises must meet specific criteria, including an annual taxable income not exceeding 3 million yuan, a workforce of no more than 300 employees, and total assets not exceeding 50 million yuan [33]. - The policy allows for cumulative benefits, enabling enterprises to enjoy multiple tax incentives simultaneously [30].

Core Viewpoint - Funiu Dongfang (300173.SZ) disclosed that its subsidiary is suspected of colluding with a third party to commit financial fraud, leading to false records in the company's 2020 and 2021 annual reports, with the Guangdong Securities Regulatory Bureau proposing a fine of 6.5 million yuan [1][2]. Group 1: Financial Fraud Details - The subsidiary, Shenzhen Dayu Precision Technology Co., Ltd. (Dayu Precision), colluded with Chongqing Zhongguangdian Display Technology Co., Ltd. to create false transactions, resulting in inflated profits of 35.7985 million yuan for 2020, which accounted for 120.18% of the reported profit for that year [2]. - In 2021, Dayu Precision recognized impairment losses on the inflated prepayments, leading to a reduction of 22.6509 million yuan in profits, representing 6.64% of the reported profit for that year [2]. - The Guangdong Securities Regulatory Bureau has proposed corrective actions, a warning, and a fine of 6.5 million yuan against Funiu Dongfang [2]. Group 2: Regulatory Actions and Industry Trends - The regulatory body has initiated a comprehensive system to combat financial fraud involving third parties, with a notable case in October 2025 where both the fraudulent company and the complicit third parties were penalized [4][5]. - Research indicates that from 2019 to 2023, 53 listed companies were involved in financial fraud with the assistance of third parties, highlighting a growing trend in the capital market [5]. - The introduction of the "Regulatory Guidelines" in December 2025 aims to establish a full-chain mechanism to combat financial fraud, including accountability for third-party collaborators, thereby increasing the cost of illegal activities [6].

Core Viewpoint - The registration of Hunan Wuxin Tunnel Intelligent Equipment Co., Ltd.'s asset acquisition and fundraising project marks the first successful implementation of a share issuance for asset acquisition under the Beijing Stock Exchange's new merger and acquisition guidelines, demonstrating regulatory support for resource optimization through mergers and acquisitions [1] Group 1 - The project will expand Wuxin Tunnel's business into bridge and port sectors, significantly enhancing revenue and net profit, thereby improving operational efficiency [1] - The scale of the restructuring transaction exceeds 2.6 billion yuan, with an additional 100 million yuan raised, challenging the perception that small and medium-sized enterprises can only engage in small-scale mergers [1] - The successful registration of this restructuring project is expected to boost confidence among small and medium-sized enterprises in utilizing mergers and acquisitions effectively [1] Group 2 - Following Wuxin Tunnel, another company listed on the Beijing Stock Exchange, Chuangyuan Xinke (Shanghai) Technology Co., Ltd., has also initiated a share issuance for asset acquisition project [1] - The demonstration effect of this "first case" is anticipated to further enhance the activity level of mergers and acquisitions in the Beijing Stock Exchange market, contributing to the high-quality development of listed companies [1] - This initiative is expected to support a stable and active capital market, promoting better investment returns for investors [1]

Core Viewpoint - The company announced the approval of its expected daily related party transaction limits for the year 2026 during the fifth meeting of the ninth board of directors [2] Group 1 - The company held its fifth meeting of the ninth board of directors on December 19 [2] - The board approved the proposal regarding the expected daily related party transaction limits for 2026 [2] - The board also approved a proposal related to the company's strategic planning [2]

Group 1 - The core point of the article is that Haichuan Intelligent announced the amount of idle self-owned funds used for reverse repurchase of government bonds, which totals 101.20 million yuan as of the announcement date [2]

Core Viewpoint - The company is actively responding to green environmental policies by providing molding equipment and process support in the fields of biodegradable materials and eco-friendly daily necessities, aiding customers in product environmental upgrades and cost optimization, and contributing to the improvement of rural living environments [2] Group 1 - The company emphasizes its commitment to green environmental policies [2] - The company offers support in biodegradable materials and eco-friendly daily necessities [2] - The company's efforts aim to help customers achieve product environmental upgrades and cost optimization [2] Group 2 - The company's initiatives contribute to the improvement of rural living environments [2]

（编辑 楚丽君） 证券日报网讯 12月19日晚间，日发精机发布公告称，近日，公司收到天健会所《关于变更签字注册会 计师的函》，原委派丁锡锋和徐希正作为公司 2025 年度财务报表审计报告和 2025 年末财务报告内部控 制审计报告的签字注册会计师，因其内部工作安排调整，现委派王怡婷接替徐希正作为签字注册会计 师。变更后的签字注册会计师为丁锡锋和王怡婷。 ...

Core Viewpoint - The company, Jinggong Technology, plans to invest approximately 426 million yuan in the construction of an intelligent manufacturing base for composite materials in Wuhan, which will enhance its capabilities in the carbon fiber and advanced composite materials sector [1][3]. Investment Details - The total investment for the project is estimated at 426 million yuan, funded through self-raised capital of 275.85 million yuan (including 250 million yuan from raised funds) and a bank loan of 150 million yuan [1]. - The project will cover an area of 66,815.68 square meters, with a new factory building area of 68,940.12 square meters and a comprehensive building of 6,601.26 square meters [1]. Production Capacity - The project will introduce 64 sets of production equipment, including prepreg production lines and automatic fiber placement machines, resulting in an annual production capacity of 28,000 sets of carbon-ceramic brake discs, 750,000 square meters of carbon fiber prepreg (250,000 square meters for self-use and 500,000 square meters for sale), and various other components for aerospace, low-altitude manned equipment, humanoid robots, drones, and new energy battery casings [2][3]. Financial Projections - Upon completion, the project is expected to generate an annual output value of approximately 481 million yuan and a net profit of about 111.82 million yuan [3]. - The project's financial internal rate of return before tax is projected at 33.70%, and after tax at 26.55% [3]. Strategic Shift - Jinggong Technology's development strategy has evolved from focusing on "dual carbon core industries" in 2023 to a broader vision by 2025, emphasizing high-end equipment and advanced composite materials across the entire carbon fiber industry chain [3]. - The implementation of this project will facilitate the company's transition from a single equipment supplier to a comprehensive solution provider integrating both equipment and materials [3].