Group 1 - The company received an inquiry letter from the Shanghai Stock Exchange regarding its 2024 annual report, specifically focusing on the disclosure of accounts payable and other receivables [1] - The accounts payable at the end of the reporting period amounted to 2.845 billion, with overdue accounts exceeding one year totaling 944 million [1] - The independent directors conducted a review and found no significant abnormalities in the long-term unsettled accounts payable and confirmed that there was no disguised inflow of funds to controlling shareholders or related parties [2] Group 2 - The other receivables at the end of the reporting period totaled 101 million, representing a year-on-year increase of 55.59%, with advances and receivables amounting to 38.16 million [2] - The independent directors assessed the situation of the top five other receivables and found the formation of these receivables to be reasonable, with no significant abnormalities detected [2]

Summary of Key Points Core Viewpoint The report outlines the completion of the fundraising project by Guangdong RIFENG Cable Co., Ltd. through the issuance of convertible bonds, detailing the management and utilization of the raised funds, as well as the approval processes involved in the project conclusion. Group 1: Fundraising Overview - The company was approved to issue convertible bonds up to RMB 380 million, with an actual issuance of 3.8 million bonds at a face value of RMB 100 each, raising a total of RMB 380 million [1] - After deducting underwriting and other issuance costs of RMB 8.35 million, the net amount raised was RMB 371.65 million, which was fully received by March 26, 2021 [1] Group 2: Fund Management - The company established a fundraising management system in accordance with relevant laws and regulations, ensuring funds are stored in a dedicated account and used specifically for the intended projects [2][3] - A tripartite supervision agreement was signed with banks and the sponsor to ensure proper management of the raised funds [3] Group 3: Fund Utilization and Surplus - As of June 30, 2025, the actual usage and surplus of the raised funds were reported, with a total of RMB 371.65 million allocated to the "New Energy and Special Equipment Cable Component Project" [4][5] - The surplus includes RMB 19.65 million from interest and financial management gains, alongside an unused basic reserve fund of RMB 10 million, which was not required due to the absence of unforeseen changes or additional costs during the project [5][6] Group 4: Approval Processes - The board of directors and the supervisory board approved the conclusion of the fundraising project and the permanent allocation of surplus funds to enhance liquidity, which is deemed beneficial for the company and its shareholders [7][8] - Since the surplus funds are less than 10% of the net amount raised, the matter did not require shareholder approval [8]

Core Points - The company has announced a cash dividend distribution plan for the fiscal year 2024, proposing a payment of RMB 1.20 per 10 shares to all shareholders based on a total share capital of 1,535,778,230 shares [1][2] - The dividend will be distributed in cash, with specific tax implications for different categories of shareholders, including differentiated tax rates for A-share and B-share holders [1][2] - The record date for the dividend distribution is set for July 9, 2025, with the actual payment to be made on July 11, 2025 [2][3] Dividend Distribution Plan - The total share capital consists of 1,232,104,992 A-shares and 303,673,238 B-shares, with the cash dividend being RMB 1.20 per 10 shares, inclusive of tax [1][2] - For A-share holders, the net dividend after tax will be RMB 1.08 per 10 shares for certain categories, while B-share holders will receive a net dividend of RMB 1.08 per 10 shares after tax deductions [1][2] - The cash dividends for B-share holders will be converted to Hong Kong dollars based on the exchange rate published by the People's Bank of China on the payment date [2] Tax Implications - A differentiated tax rate will apply to A-share holders based on their holding period, with specific amounts to be paid back depending on the duration of the shareholding [2] - Non-resident individual shareholders of B-shares may be exempt from dividend income tax [2] - The company will assist B-share holders in communicating with local tax authorities for any tax refund claims [3] Other Information - The company has provided contact details for inquiries regarding the dividend distribution, including a contact person and phone number [3] - The company assumes legal responsibility for any issues arising from insufficient cash dividends due to a decrease in shares held by shareholders during the application period [3]

证券代码：601727 证券简称：上海电气 公告编号：临 2025-037 关于以集中竞价交易方式回购公司股份的进展公告 本公司董事会及全体董事保证本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。 重要内容提示： 回购方案首次披露日 2025/4/11 □用于转换公司可转债 □为维护公司价值及股东权益 累计已回购股数 820.43万股 累计已回购股数占总股本比例 0.05% 累计已回购金额 5,991.94万元 实际回购价格区间 7.25元/股~7.36元/股 一、 回购股份的基本情况 届一百零九次会议审议通过《关于以集中竞价方式回购 A 股股份方案的议案》，同 意公司以集中竞价交易方式回购公司 A 股股份，用于减少公司注册资本。2025 年 年第一次 H 股类别股东会议分别审议通过《关于公司以集中竞价方式回购 A 股股 份方案的议案》。具体内容详见公司分别于 2025 年 4 月 11 日、2025 年 5 月 31 日、 二、 回购股份的进展情况 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等相关规定，现将 ...

Summary of Key Points Core Viewpoint The North Exchange has seen significant trading activity and new listings, with a total of 268 companies listed and a notable increase in trading volume and value over the past week. The market is also witnessing a steady flow of new IPO applications and approvals, indicating a robust interest in capital raising among companies. Trading Activity - As of June 29, 2025, the North Exchange has 268 listed companies with a total share capital of 37.641 billion shares and a circulating share capital of 23.997 billion shares [2] - For the week of June 23-29, 2025, the trading volume was 7.294 billion shares, an increase of 13.32% from the previous week, while the trading value reached 170.534 billion yuan, up 18.22% [3] Market Index Performance - The North Exchange 50 Index fell by 6.84% to 1439.63 points during the same week, with 48 stocks rising, 0 remaining flat, and 2 declining [3] - Notable stock performances included Tianma New Materials (838971) with an increase of 83.92% and Changhong Energy (833171) rising by 23.14% [3] New Listings and IPOs - One company was listed, and one company passed the listing committee meeting during the week of June 23-29, 2025. Additionally, 48 companies had their listing applications accepted [6][11][15] - Guangxin Technology (920037) successfully listed on June 28, 2025, becoming the 268th company on the North Exchange, with a first-day closing price of 60.00 yuan, reflecting a 500% increase [8][10] Financial Performance of New Listings - Guangxin Technology reported revenues of 3.04 billion yuan, 4.20 billion yuan, and 5.78 billion yuan for 2022, 2023, and 2024, respectively, with net profits of 14.72 million yuan, 49.44 million yuan, and 116 million yuan [10] - The company expects to achieve revenue of 3.60 billion to 3.90 billion yuan in the first half of 2025, representing a year-on-year growth of 38.63% to 50.19% [10] Upcoming IPOs - Companies such as Tian Kang Pharmaceutical (874339) and Guangtai Vacuum (874200) have had their IPO applications accepted, with Tian Kang planning to raise 5.27 billion yuan for vaccine development and production expansion [21][24] - Other companies like Oulun Electric (874628) and North Laboratory (874611) are also in the pipeline for listing, with significant funding plans for their respective projects [29][33] Industry Trends - The North Exchange is experiencing a growing interest in various sectors, including high-performance materials, pharmaceuticals, and smart manufacturing, as evidenced by the diverse range of companies applying for listings [6][15][21][24]

近年来，随着中国经济的发展，中企的国际化能力日益增强，海外投资需求也逐渐旺盛。而 跨境并购 作为一种成熟、高效的海外市场拓展方式，受到了越来越多企业的关注 ，中企的跨境并购活动也呈现 出新的特点和趋势。但这类交易不仅涉及资金运作，更牵扯复杂的审批流程与法律规则。 那么，下面我们给大家梳理一些跨境并购的要点，例如 当前的市场动态、常见交易模式的选择，以及 关键的法律审核环节 ，帮助大家更好地应对实际操作中的困难： 1、A股跨境并购重组市场最新动态 2、并购重组的证券监管体系&跨境交易方式 （（（（（22222）））））构构构构构成成成成成重重重重重大大大大大资资资资资产产产产产重重重重重组组组组组（（（（（非非非非非借借借借借壳壳壳壳壳上上上上上市市市市市））））） （（（（（11111）））））证证证证证券券券券券监监监监监管管管管管体体体体体系系系系系 （（（（（22222）））））上上上上上市市市市市公公公公公司司司司司跨跨跨跨跨境境境境境交交交交交易易易易易方方方方方式式式式式 3、现金交易：非重大资产重组&重大资产重组 （（（（（11111）））））不不不不不构构构构构成成成成成重重重重重大大大大大资 ...

金十数据7月1日讯，江阴电工合金股份有限公司股票交易价格于2025年6月27日、2025年6月30日、2025 年7月1日连续3个交易日内收盘价格涨幅偏离值累计超过30%，根据《深圳证券交易所交易规则》的相 关规定，属于股票交易异常波动的情况。公司近期经营情况正常，内外部经营环境未发生重大变化；公 司及控股股东不存在关于本公司的应披露而未披露的重大事项，或处于筹划阶段的重大事项；公司控股 股东在股票异常波动期间不存在买卖公司股票情形。 电工合金：近期经营情况正常 内外部经营环境未发生重大变化 ...

Core Viewpoint - The Hangzhou Market Supervision Administration has released the results of quality supervision and spot checks for various products, including food-related items, gas appliances, and electric bicycles for the year 2025, highlighting compliance and non-compliance issues among manufacturers [2]. Group 1: Product Quality Supervision Results - The announcement includes a list of companies that could not be notified of their inspection results due to unclear addresses or contact information [2]. - The report indicates that several products, such as reusable plastic utensils and food contact plastic containers, were found to be compliant, while others, like certain gas stoves and electric bicycles, had notable non-compliance issues [2][3]. Group 2: Specific Product Findings - Specific products listed include: - Reusable plastic utensils from Hangzhou Hongxin Packaging Co., which were found compliant [2]. - Non-degradable plastic straws from Hangzhou Fuyang Gongrun Trading Co., which had compliance issues [2]. - Household gas stoves from various manufacturers, some of which did not meet safety and performance standards [2][3]. Group 3: Compliance and Contact Information - Companies are given a seven-day period to contest the inspection results from the date of the announcement, with contact details provided for the Product Supervision Department [2]. - The report emphasizes the importance of proper labeling and compliance with safety standards for consumer protection [2][3].

Core Viewpoint - Far East Holdings announced that its subsidiaries secured contracts totaling RMB 2.593 billion in June 2025, which are expected to positively impact the company's future operating performance [1] Group 1: Contract Details - The contracts awarded are primarily related to national and local power grids and other strategic clients [1] - The business areas covered by these contracts include smart cable networks, smart batteries, and smart airports [1] Group 2: Financial Impact - The total value of contracts received in June is RMB 2.593 billion, indicating a significant influx of orders for the company [1] - These contracts are anticipated to have a positive effect on the company's future financial performance [1]

Core Viewpoint - The article provides a detailed disassembly and analysis of the MR750-20V charging module from Magmeter, highlighting its specifications, design features, and internal components. Group 1: Product Overview - The MR750-20V charging module is designed for electric vehicles, featuring a power output of 15kW, with an input voltage of 380V three-phase AC and an output voltage range of 250-750V at a current of 20A [3][4][9]. - The module is constructed with a metal shell and includes features such as a hot-swappable design, cooling fans, and indicator lights for operational status [4][19][21]. Group 2: Internal Design and Components - The internal structure includes a single-layer PCB design with insulation materials, and the module is equipped with various electronic components such as capacitors, resistors, and integrated circuits [50][80][84]. - Key components include a PFC controller, LLC controller, and various power management ICs, which are essential for the module's functionality and efficiency [197][255][289]. Group 3: Electrical Specifications - The charging module incorporates multiple capacitors for filtering, including high-voltage electrolytic capacitors rated at 450V and 820μF, and additional film capacitors for voltage stabilization [181][227][235]. - The module features a range of protective components, including fuses rated at 30A and varistors for surge protection, ensuring safe operation under various conditions [94][100][188]. Group 4: Communication and Control - The MR750-20V includes communication interfaces for integration with vehicle systems, utilizing CAN bus technology for data transmission [267][301]. - The main control MCU is designed to operate within a wide temperature range and supports various communication protocols, enhancing the module's versatility in different applications [255][259].