Group 1 - China Shipbuilding Industry Group plans to absorb and merge China Shipbuilding Heavy Industry Company through a share exchange, leading to the termination of China Heavy Industry's independent listing status [1][3] - The China Securities Regulatory Commission approved the merger, allowing China Shipbuilding to issue an additional 3.053 billion shares to absorb China Heavy Industry [3] - The exchange ratio for the merger is set at 1:0.1335, meaning each share of China Heavy Industry can be exchanged for 0.1335 shares of China Shipbuilding [4] Group 2 - China Heavy Industry has submitted an application for voluntary termination of its A-share listing, effective from August 13, 2025, following the merger announcement [1][4] - The company offers dissenting shareholders a cash option of 4.03 yuan per share, which is slightly below the pre-suspension trading price of 5.1 yuan per share [4] - No dissenting shareholders have opted to exercise the cash choice during the declaration period [4]

中国重工已提交A股股票主动终止上市申请。 8月14日晚间，中国重工(601989)公告称，中国船舶拟换股吸收合并中国重工，此次交易将导致公司不再具有 独立主体资格并被注销，公司已于8月14日向上交所提交A股股票主动终止上市的申请。 2024年9月2日，中国船舶集团下属两家A股上市公司——中国船舶和中国重工均发布公告称，双方正在筹划 由中国船舶通过向中国重工全体股东发行A股股票的方式换股吸收合并中国重工。 7月18日，证监会发布《关于同意中国船舶工业股份有限公司吸收合并中国船舶重工股份有限公司注册的批 复》，同意中国船舶以新增30.53亿股股份吸收合并中国重工的注册申请。 根据公司公告，本次换股吸收合并中，中国重工与中国船舶的换股比例为1:0.1335，即每1股中国重工股票可 以换得0.1335股中国船舶股票。 根据中国重工公告，经向上海证券交易所申请，公司A股股票自2025年8月13日（即异议股东现金选择权申报 日）开市起连续停牌，此后进入现金选择权行权申报、清算交收阶段，不再交易，公司股票继续停牌直至终止 上市。根据相关公告，公司为异议股东提供4.03元/股的现金选择权，略低于公司停牌前股价（5.1元/股） ...

Group 1: Company Performance - China Telecom reported a revenue of 269.42 billion yuan for the first half of the year, a year-on-year increase of 1.3% [2] - The net profit attributable to shareholders was 23.02 billion yuan, up 5.53% year-on-year, with basic earnings per share of 0.25 yuan [2] - The company plans to distribute an interim cash dividend of 0.1812 yuan per share (including tax) [2] Group 2: Industry Trends - The National Development and Reform Commission is preparing the "14th Five-Year" marine economy development plan, emphasizing innovation-driven growth and the development of emerging industries such as offshore wind power and marine biomedicine [5][6] - The marine economy is projected to exceed 10 trillion yuan in production value by 2024, doubling since 2012 [6] - The marine communication sector is identified as a crucial infrastructure for the marine economy, supporting the future 6G integrated network [6] Group 3: Stock Market Activity - Several deep-sea technology concept stocks saw significant inflows, with Jili Rigging's stock price hitting the daily limit, attracting a net inflow of 484 million yuan, the highest in over eight years [7] - Weichai Heavy Industry's stock has increased by 185.25% year-to-date, leading among concept stocks [7] - China Shipbuilding's net profit is projected to be between 2.8 billion and 3.1 billion yuan for the first half of the year, reflecting a year-on-year increase of 98.25% to 119.49% [9]

Core Viewpoint - China Shipbuilding Industry Corporation (CSIC) is set to absorb China Shipbuilding Heavy Industry Company (CSHC) through a share swap, leading to the voluntary termination of CSHC's A-share listing, marking a significant consolidation in the shipbuilding sector [2][4][8]. Group 1: Termination of Listing - CSHC has submitted an application for voluntary termination of its A-share listing on the Shanghai Stock Exchange as of August 14, 2025 [7]. - Following the approval of the termination application, CSHC will issue a termination announcement, and the share swap with CSIC will commence [7]. Group 2: Share Swap Details - The share swap ratio is set at 1:0.1339, meaning each share of CSHC will be exchanged for 0.1339 shares of CSIC [7][8]. - The swap prices are established at 37.59 CNY per share for CSIC and 5.032 CNY per share for CSHC [7]. Group 3: Transaction Scale and Significance - The total transaction amount for the merger is approximately 115.15 billion CNY, making it the largest absorption merger in A-share history [4][8]. - This merger is the first to be approved under the revised Major Asset Restructuring Management Measures for listed companies in May 2025 [8]. Group 4: Strategic Implications - The merger aims to consolidate resources and eliminate competition between CSIC and CSHC, enhancing their competitive edge in the shipbuilding industry [15]. - Post-merger, CSIC's total assets are expected to exceed 400 billion CNY, with revenues surpassing 130 billion CNY, positioning it as a leading global shipbuilding enterprise [15]. Group 5: Market Context - In the first half of 2025, global new ship orders totaled 19.38 million compensated gross tons (CGT), reflecting a 54% year-on-year decline, yet Chinese shipbuilders maintained a strong market presence with a 52% market share [15]. - The merger is anticipated to enhance the overall competitiveness of the Chinese shipbuilding industry amid market fluctuations [16].

中国重工（601989）(601989.SH)发布公告，中国船舶拟换股吸收合并中国重工，此次交易将导致公司 不再具有独立主体资格并被注销。公司已于8月14日向上交所提交A股股票主动终止上市的申请。 ...

智通财经APP讯，中国重工(601989.SH)发布公告，中国船舶拟换股吸收合并中国重工，此次交易将导 致公司不再具有独立主体资格并被注销。公司已于8月14日向上交所提交A股股票主动终止上市的申 请。 ...

经观汽车 8月14日，据中国重工公告，中国船舶拟通过向中国重工全体换股股东发行A股股票的方式换股吸收合并中国重工相关事项已经公司于2025年2月18日召开的 2025年第一次临时股东大会审议通过，并已获得中国证券监督管理委员会出具的《关于同意中国船舶工业股份有限公司吸收合并中国船舶重工股份有限公司 注册的批复》。 公司已于2025年8月14日向上交所提交A股股票主动终止上市的申请。公司将在上交所受理公司股票主动终止上市申请后刊登相关公告，并在上交所批准公 司股票主动终止上市申请后刊登相关终止上市公告。敬请广大投资者关注公司后续相关公告。 本次交易将导致公司不再具有独立主体资格并被注销，属于《上海证券交易所股票上市规则》第9.7.1条第一款第（六）项规定的"公司因新设合并或者吸收 合并，不再具有独立主体资格并被注销"的情形，可以向上海证券交易所（以下简称"上交所"）申请主动终止上市。 ...

Group 1: Company Announcements - China Shipbuilding Industry Company plans to terminate the listing of China Heavy Industry due to a merger, which has been approved by the China Securities Regulatory Commission [3] - *ST Suwu's stock closed at 0.99 yuan, below the 1 yuan threshold, which may lead to delisting if it remains below this price for 20 consecutive trading days [4] - Foton Motor has identified tax payment deficiencies amounting to 28.83 million yuan for the years 2022-2024, which have been settled without administrative penalties [5] - Wolong Electric Drive has submitted an application for H-share issuance and listing on the Hong Kong Stock Exchange [6] - Dayuan Pump Industry reported that its liquid cooling business generated approximately 1.6 million yuan in revenue in Q1 2025, representing only 0.43% of total revenue [7] - Gansu Energy Chemical's subsidiary Jinhe Coal Mine has resumed production after passing safety inspections following a CO2 incident [8] Group 2: Financial Performance - China Telecom reported a net profit of 23.017 billion yuan for the first half of 2025, a 5.5% increase year-on-year, with total revenue of 269.422 billion yuan, up 1.3% [10] - JD Group's second-quarter revenue reached 356.7 billion yuan, reflecting a year-on-year growth of 22.4%, while net profit decreased to 6.2 billion yuan from 12.6 billion yuan in the previous year [11] - Chuanjinno achieved a net profit of 177 million yuan in the first half of 2025, marking a significant increase of 166.51% year-on-year, with total revenue of 1.744 billion yuan [12] - Darentang reported a net profit of 1.928 billion yuan for the first half of 2025, a remarkable increase of 193.08%, despite a 33.15% decline in revenue [13] - Baodi Mining's net profit fell by 40.11% to 61.592 million yuan in the first half of 2025, although revenue increased by 23.65% to 721 million yuan [14] - Bailong Oriental's net profit rose by 67.53% to 390 million yuan, with a revenue decline of 9.99% to 3.591 billion yuan [15] - Dunhuang Seed Industry reported a net profit of 54.454 million yuan, up 73.43% year-on-year, with revenue of 718 million yuan, a 21.63% increase [16] - Huarui Precision's net profit increased by 18.80% to 85.4597 million yuan, with revenue growing by 26.48% to 519 million yuan [17] - Chongqing Beer reported a net profit of 865 million yuan, a decrease of 4.03%, with revenue slightly down by 0.24% to 8.839 billion yuan [18] Group 3: Shareholding Changes - Tibet Tourism's major shareholder, Travel Investment Group, plans to reduce its stake by up to 0.97%, equivalent to 2.2 million shares, within three months [20] Group 4: Strategic Partnerships - Shanying International has signed strategic investment cooperation agreements with Yunyin Technology and Proton Technology to establish a technology company focused on providing integrated solutions for the paper and packaging industry [22][23]

中国重工(601989.SH)公告称，中国船舶拟换股吸收合并中国重工，此次交易将导致公司不再具有独立主体资格并被注销， 公司已于8月14日向上交 所提交A股股票主动终止上市的申请。 证券代码:601989 中国船舶重工股份有限公司 关于公司提出终止上市申请的公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏,并对其内容的真实性、准确性和完整性承担法律责任。 中国船舶工业股份有限公司(以下简称"中国船舶")拟通过向中国船舶重 工股份有限公司(以下简称"中国重工"或"公司")全体换股股东发行 A 股 股票的方式换股吸收合并中国重工(以下简称"本次交易")相关事项已经公司 于 2025年 2 月 18 日召开的 2025年第一次临时股东大会审议通过,并已获得中 国证券监督管理委员会出具的《关于同意中国船舶工业股份有限公司吸收合并 中国船舶重工股份有限公司注册的批复》(证监许可（2025）1501 号）。 本次交易将导致公司不再具有独立主体资格并被注销,属于《上海证券交 易所股票上市规则》第 9.7.1 条第一款第(六)项规定的"公司因新设合并或者 吸收合并,不再具有独立主体资格并被 ...

北京商报讯（记者 马换换 王蔓蕾）8月14日晚间，中国重工（601989）披露公告称，公司已于当日向上 交所提交A股股票主动终止上市的申请。 公告显示，中国船舶拟通过向中国重工全体换股股东发行A股股票的方式换股吸收合并中国重工相关事 项已经中国重工于2月18日召开的2025年第一次临时股东大会审议通过，并已获得证监会出具的《关于 同意中国船舶工业股份有限公司吸收合并中国船舶重工股份有限公司注册的批复》。 中国重工表示，本次交易将导致公司不再具有独立主体资格并被注销，属于《上海证券交易所股票上市 规则》第9.7.1条第一款第（六）项规定的"公司因新设合并或者吸收合并，不再具有独立主体资格并被 注销"的情形，可以向上交所申请主动终止上市。公司已于8月14日向上交所提交A股股票主动终止上市 的申请。公司将在上交所受理公司股票主动终止上市申请后刊登相关公告，并在上交所批准公司股票主 动终止上市申请后刊登相关终止上市公告。 ...