Group 1 - Guangdong's multiple departments are actively promoting safety risk prevention actions, including "Hidden Danger Investigation and Governance Year" and "10,000 Experts Going to the Grassroots" to enhance safety in key areas such as human defense systems, non-coal mines, and special equipment [1] - The provincial emergency management department organized an expert group to provide safety guidance and training for tailings ponds during the flood season, identifying issues such as missing tailings operation plans and non-compliant specifications [1] - A training session was held to interpret technical standards for hidden disaster factors in tailings ponds, helping enterprises recognize their shortcomings and commit to improving safety measures [1] Group 2 - The provincial market supervision bureau organized experts to conduct safety inspections and guidance for special equipment in enterprises, emphasizing the importance of safety management systems, personnel training, and emergency response [2] - Specific rectification suggestions were provided to enterprises based on identified safety issues, aimed at enhancing their safety prevention capabilities [2] - The provincial human defense office conducted detailed safety checks in multiple cities, identifying and resolving 36 safety hazards related to fire safety and hazardous materials storage [2][3] Group 3 - Feedback on identified hazards was promptly communicated to relevant departments for immediate rectification, with ongoing supervision and monitoring emphasized [3] - Safety production training sessions were organized, covering over 100 safety management personnel and employees, effectively enhancing awareness and emergency response capabilities in the human defense system [3]

Core Viewpoint - The National Market Supervision Administration has initiated inspections and regulations on amusement parks to ensure safety, revealing that some illegal operators are using unregistered special equipment like flying chairs and pirate ships at crowded markets and fairs, posing significant safety risks [1][14][24]. Group 1: Safety Concerns - Multiple accidents involving flying chairs have resulted in injuries and fatalities, highlighting the lack of safety measures in mobile amusement facilities at markets [3]. - The operational characteristics of pirate ships and flying chairs exceed the safety limits set by regulations, with heights and speeds surpassing 2 meters and 2 meters per second, categorizing them as large amusement facilities [9][26]. - Operators admit to adjusting the speed and height of their equipment based on subjective judgment, disregarding safety protocols [10][26]. Group 2: Regulatory Violations - Many operators do not possess the necessary registration or licenses to operate these amusement facilities, with some claiming that no formal procedures are required for market operations [14][32]. - The investigation revealed that these facilities lack regular maintenance and safety personnel, further exacerbating the risks associated with their operation [18][24]. - Manufacturers are circumventing regulations by producing equipment under false pretenses, such as labeling large amusement devices as small ones to avoid scrutiny [41][48]. Group 3: Government Response - The National Market Supervision Administration has formed enforcement teams to address violations and ensure compliance among operators of large amusement facilities [52]. - A special rectification action for mobile large amusement facilities has been announced, emphasizing the need for enhanced inspections and stricter enforcement to eliminate safety hazards [53][55].

金马游乐（300756）公告，2025年第一季度营业收入1.19亿元，同比增长22.72%。净亏损66.44万元， 去年同期净利润972.75万元。 ...

Fundraising Plan - The company plans to raise a total of up to 190.5 million yuan through a private placement of A-shares, which will be used for specific investment projects after deducting issuance costs [1][2] - The main investment project is the construction of the Chuzhou Overseas Chinese Town Cultural Tourism Equipment Industrial Park, with a total investment of approximately 209.08 million yuan [1][3] Project Overview - The Chuzhou project aims to develop high-end special amusement equipment design, intelligent manufacturing, and testing, with a construction period of about 30 months and covering an area of approximately 90 acres [3][4] - The project aligns with national policies promoting the localization of high-tech amusement equipment and aims to enhance the company's production capacity and market competitiveness [4][5] Market Demand and Growth - The amusement equipment market in China is expected to reach 133.18 billion yuan by 2024, with a growth rate of no less than 9% in the next two years, indicating a strong demand for amusement equipment [5][6] - The company’s existing manufacturing base faces challenges such as aging equipment and limited space, which the new project aims to address by enhancing production capacity and efficiency [6][7] Innovation and Product Development - The project will facilitate the transformation of R&D achievements into production, promoting innovation in high-tech amusement equipment and expanding the company's product range [7][8] - The company has accumulated significant technological expertise in high-tech amusement equipment, holding 142 authorized patents, which will support the project's success [14][17] Financial Impact - The fundraising will also be used to repay interest-bearing debts and supplement working capital, which is expected to reduce financial costs and improve the company's profitability [17][20] - The project is anticipated to enhance the company's financial structure, reduce the asset-liability ratio, and support sustainable development [20][22] Compliance and Governance - The fundraising plan complies with relevant laws and regulations, and the company has established a robust governance structure to ensure proper management of the raised funds [21][22] - The project aligns with national industrial policies and the company's strategic development goals, promising good market prospects and economic benefits [22][23]