Core Viewpoint - Jinpu Titanium Industry has announced the termination of its major asset restructuring plan, which was aimed at diversifying its business and exiting the loss-making titanium dioxide sector [3][4][5]. Group 1: Termination of Restructuring - On September 23, Jinpu Titanium Industry's board approved the termination of the major asset swap, share issuance, and cash payment for asset acquisition [4]. - The restructuring plan, which had been in progress for several months, was intended to exchange assets with Nanjing Jinpu Dongyu Investment Co. and Dongtai Hengyutai Enterprise Management Partnership [5][6]. - The proposed transaction involved swapping certain assets and liabilities of Jinpu Titanium's subsidiaries for a 100% stake in Nanjing Lide Oriental Plastic Technology Co., which was part of the strategic shift towards rubber products [5][7]. Group 2: Financial Context and Strategic Shift - Jinpu Titanium Industry has faced significant losses over the past three years, primarily due to high energy and labor costs, and lacks the conditions for new investments or expansions [6]. - The company aims to strategically exit the continuously loss-making titanium dioxide business and focus on developing its rubber products segment [7]. - As of now, Jinpu Titanium has a market capitalization of approximately 3.1 billion yuan [9].

金浦钛业(000545)重大资产重组终止。 金浦钛业拟以持有的置出资产与金浦东裕持有的利德东方91%股权等值部分进行置换，金浦钛业同时以 发行股份及支付现金的方式，购买前述置换的差额部分，并向恒誉泰发行股份及支付现金购买其持有的 利德东方9%股权并募集配套资金。 对于实施这次交易的目的，金浦钛业当时表示，钛白粉行业上市公司龙佰集团、中核钛白、惠云钛业、 安纳达等均有多元化业务布局，近年来纷纷向新能源等产业转型。 公司属于硫酸法钛白粉工艺，生产基地位于南京和徐州，不具备新增投资、改扩建的条件，能源以及人 工成本相对较高，也不具备矿产资源和规模优势，导致公司最近三年大额亏损，且亏损额大幅增加，亟 需尽快转型发展。 通过此次交易，金浦钛业将战略性退出持续大额亏损的钛白粉业务。同时，公司将大力发展橡胶制品业 务，实现转型发展。 7月15日，金浦钛业复牌后，一字涨停。 9月23日，金浦钛业公告，公司董事会审议通过了议案，同意公司终止重大资产置换、发行股份及支付 现金购买资产并募集配套资金暨关联交易事项。 公司推进数月的重大资产重组事项，宣告终止。 今年6月30日，金浦钛业宣布，正在筹划重大资产置换、发行股份及支付现金购 ...

Industry Developments - The Ministry of Industry and Information Technology announced plans to develop new industries such as humanoid robots, brain-computer interfaces, the metaverse, and quantum information during the 14th Five-Year Plan period [1] - The Ministry of Transport is set to implement the "Artificial Intelligence + Transportation" initiative, focusing on large-scale innovation applications in the transportation sector [2] Regulatory Actions - The State Administration for Market Regulation has urged Huo La La to comply with antitrust laws and ensure fair market competition [2] - The National Internet Information Office has taken measures against platforms like Toutiao and UC for failing to manage harmful content effectively [3] Company News - Tianpu Co. announced a stock suspension due to a significant price increase of 317.72% over 15 trading days, indicating a disconnection from its fundamentals [4] - Upwind New Materials completed a share transfer involving 1.21 million shares, changing its controlling shareholder [4] - Wolong Nuclear Materials plans to invest up to 1 billion yuan in a new materials project in Jiangsu [5] - Dongshan Precision is preparing for an overseas H-share issuance to enhance its international presence [5] - Jinpu Titanium Industry has terminated its major asset restructuring plans due to market uncertainties [6] - Hualing Cable intends to acquire control of Anhui San Bamboo Intelligent Technology for up to 270 million yuan [6] - Initial Information reported abnormal stock trading due to significant price fluctuations [7] - ST Jinggu announced a donation of 51% equity in Bodata Technology to enhance its asset base [7] Research Insights - China Galaxy Securities remains optimistic about the computing power sector, particularly in PCB, domestic computing, IP licensing, and chip inductors [8] - CITIC Construction Investment forecasts a global upturn in power equipment demand, with investments exceeding 400 billion dollars by 2025 [8]

金浦钛业(000545)重大资产重组终止。 9月23日，金浦钛业公告，公司董事会审议通过了议案，同意公司终止重大资产置换、发行股份及支付现金 购买资产并募集配套资金暨关联交易事项。 后续公布的交易方案显示，金浦钛业此次交易的拟置入资产为南京金浦东裕投资有限公司（以下简称"金浦 东裕"）、东台恒誉泰企业管理合伙企业（有限合伙）（以下简称"恒誉泰"）合计持有的南京利德东方橡塑 科技有限公司（以下简称"利德东方"）100%股权。 拟置出资产为截至评估基准日，金浦钛业全资子公司南京钛白化工有限责任公司、徐州钛白化工有限责任公 司、南京金浦供应链管理有限公司对应的部分资产及全部负债。 金浦钛业拟以持有的置出资产与金浦东裕持有的利德东方91%股权等值部分进行置换，金浦钛业同时以发行 股份及支付现金的方式，购买前述置换的差额部分，并向恒誉泰发行股份及支付现金购买其持有的利德东方 9%股权并募集配套资金。 对于实施这次交易的目的，金浦钛业当时表示，钛白粉行业上市公司龙佰集团、中核钛白、惠云钛业、安纳 达等均有多元化业务布局，近年来纷纷向新能源等产业转型。 公司属于硫酸法钛白粉工艺，生产基地位于南京和徐州，不具备新增投资、改扩 ...

金浦钛业（000545）(000545.SZ)公告，公司董事会审议通过了《关于终止重大资产置换、发行股份及 支付现金购买资产并募集配套资金暨关联交易事项的议案》，同意公司终止重大资产置换、发行股份及 支付现金购买资产并募集配套资金暨关联交易事项，公司独立董事专门会议审议通过相关议案，并发表 了同意终止本次交易的审核意见。 ...

格隆汇9月23日丨金浦钛业(000545.SZ)公布，原拟置入资产为南京金浦东裕投资有限公司（简称"金浦 东裕"）、东台恒誉泰企业管理合伙企业（有限合伙）（简称"恒誉泰"，原名称：南京恒誉泰和投资合 伙企业（有限合伙））合计持有的南京利德东方橡塑科技有限公司（简称"利德东方"）100%股权，拟 置出资产为截至评估基准日金浦钛业全资子公司南京钛白化工有限责任公司、徐州钛白化工有限责任公 司、南京金浦供应链管理有限公司对应的部分资产（全部资产扣除截至该日上市公司合并报表范围内除 拟置出标的外的主体应付拟置出标的或金浦东裕的往来余额）及全部负债。金浦钛业拟以持有的置出资 产与金浦东裕持有的利德东方91%股权等值部分进行置换，金浦钛业同时以发行股份及支付现金的方式 购买前述置换的差额部分并向恒誉泰发行股份及支付现金购买其持有的利德东方9%股权并募集配套资 金。 自公司本次交易预案公布以来，公司董事会、管理层与相关中介机构一直积极推进本次交易的各项工 作。综合近期市场环境变化等因素，现阶段继续推进本次重大资产重组事项不确定性较大，经与相关方 沟通，公司决定终止本次交易。 ...

人民财讯9月23日电，金浦钛业（000545）9月23日公告，综合近期市场环境变化等因素，现阶段继续推 进重大资产重组事项不确定性较大，公司决定终止重大资产置换、发行股份及支付现金购买资产并募集 配套资金暨关联交易事项。 此前，金浦钛业拟通过此次重大资产重组，取得利德东方100%股权，退出钛白粉行业，进军橡胶制品 业。 ...

Group 1 - The core viewpoint of the news is that Zhongke Titanium White's stock has experienced a decline of 5.14%, with a current price of 5.54 CNY per share and a trading volume of 9.67 billion CNY, resulting in a total market capitalization of 210.89 billion CNY [1] - Zhongke Titanium White Co., Ltd. is primarily engaged in the production and sales of rutile titanium dioxide, with its main revenue sources being titanium dioxide (80.17%), yellow phosphorus (7.30%), logistics (4.96%), new energy materials (3.40%), and others (2.84%) [1] - The company was established on February 23, 2001, and went public on August 3, 2007, located in Baiyin District, Gansu Province [1] Group 2 - Among the top ten circulating shareholders of Zhongke Titanium White, a fund under Southern Fund has increased its holdings in the Southern CSI 1000 ETF (512100) by 4.698 million shares, now holding a total of 25.0034 million shares, which accounts for 0.67% of the circulating shares [2] - The Southern CSI 1000 ETF (512100) was established on September 29, 2016, with a latest scale of 649.53 billion CNY, and has achieved a year-to-date return of 27.06% [2] - The fund manager of Southern CSI 1000 ETF is Cui Lei, who has been in the position for 6 years and 322 days, with the fund's total asset scale reaching 94.976 billion CNY [3]

Group 1 - The core point of the news is that Anhui Anada Titanium Industry Co., Ltd. experienced a decline in stock price by 5.08%, with the current share price at 10.27 yuan and a total market capitalization of 2.208 billion yuan [1] - The company was established on March 11, 1994, and went public on May 30, 2007, primarily engaged in the production and sales of titanium dioxide and related chemical products [1] - The revenue composition of the company includes titanium dioxide at 65.61%, iron phosphate at 30.65%, and other supplementary products at 3.74% [1] Group 2 - From the perspective of fund holdings, Jin Yuan Shun An Fund has one fund heavily invested in Anada, specifically the Jin Yuan Shun An Xin Yi Mixed Initiation A (022492), which held 5,500 shares in the second quarter, accounting for 0.54% of the fund's net value [2] - The fund's current scale is 10.8755 million, with a cumulative return of 4.44% since its establishment on March 4, 2025 [2] - The fund managers, Li Rui and Chen Mingjie, have different performance records, with Li Rui having a best return of 4.34% and Chen Mingjie experiencing a worst return of -17.26% during their respective tenures [2]

Company Overview - Longbai Group's stock price decreased by 2.02% on September 23, trading at 18.90 CNY per share with a market capitalization of 45.101 billion CNY [1] - The company specializes in the production and sales of titanium dioxide, zirconium products, and aluminum sulfate, with titanium dioxide accounting for 64.99% of its main business revenue [1] Financial Performance - For the first half of 2025, Longbai Group reported a revenue of 13.342 billion CNY, a year-on-year decrease of 3.35%, and a net profit attributable to shareholders of 1.385 billion CNY, down 19.53% year-on-year [2] - Cumulative cash dividends since the company's A-share listing amount to 19.387 billion CNY, with 5.958 billion CNY distributed over the last three years [3] Shareholder Information - As of August 8, 2025, the number of shareholders decreased to 95,900, while the average circulating shares per person increased by 1.84% to 20,731 shares [2] - The eighth largest circulating shareholder, Hong Kong Central Clearing Limited, reduced its holdings by 4.028 million shares to 41.0331 million shares as of June 30, 2025 [3] Market Activity - The stock experienced a 10.06% increase year-to-date, but has seen a decline of 3.32% over the last five trading days and 1.72% over the last 20 days [1] - The net outflow of main funds was 12.8815 million CNY, with significant selling pressure observed [1]