Core Viewpoint - The Xifeng Industrial Park in Qingyang, Gansu Province, is actively promoting industrial development through various initiatives, including the establishment of industrial parks, attracting enterprises, and enhancing industrial chains to foster high-quality growth [1]. Group 1: Industrial Development Initiatives - The Qingyang Tongxin Petroleum Technology Co., Ltd. is constructing a 500,000-ton/year light hydrocarbon deep processing project, which is a key oil and gas industry extension project in the Xifeng Park, aimed at creating two "hundred billion" industrial chains [2]. - The Xifeng Park has attracted 47 enterprises, forming industrial clusters in petrochemicals, fine chemicals, intelligent equipment manufacturing, and food biomedicine [3]. Group 2: Digital Economy and Infrastructure - The Xifeng Park is seizing opportunities from the national "East Data West Computing" strategy, having established a digital economy investment team and engaged with nearly a thousand digital economy enterprises [4]. - By the end of 2024, the Qingyang data center cluster is expected to have six intelligent computing centers and over 31,000 racks, with computing power projected to exceed 50,000 P [4]. Group 3: Supporting Facilities and Services - The Xifeng Park has implemented a comprehensive infrastructure improvement plan, including the construction of 12 main roads and the establishment of water, gas, and electricity networks, enhancing the overall capacity for enterprise operations [6]. - The park's management is focused on implementing three key action plans for infrastructure construction, project attraction, and safety production, with 12 infrastructure projects and 15 enterprise projects planned for the year [6]. Group 4: Future Projections - By the end of 2024, the number of industrial enterprises in the Xifeng Park is expected to reach 552, with 39 of them being above-scale industrial enterprises, indicating a robust growth trajectory [7].

General Provisions - The company is established as a joint-stock limited company in accordance with the Company Law of the People's Republic of China and other relevant regulations [1][2] - The registered capital of the company is RMB 111,005,147 [2] - The company was approved for its initial public offering (IPO) of 12 million shares on October 21, 2016, and is listed on the Shenzhen Stock Exchange [1][3] Business Objectives and Scope - The company's business objective is to adhere to technological innovation and enhance the level of domestic intelligent equipment manufacturing [3] - The company engages in manufacturing and processing of automatic balancing machines, electromechanical equipment, control systems, optoelectronic devices, and new materials, as well as providing related technical services [3] Shares - The total number of shares issued by the company is 111,005,147, all of which are ordinary shares [4] - The issuance of shares follows principles of openness, fairness, and justice, ensuring equal rights for all shareholders of the same class [4][5] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, participate in shareholder meetings, supervise company operations, and transfer their shares in accordance with the law [9][10] - Shareholders holding more than 5% of voting shares must report any pledge of their shares to the company [12] Shareholder Meetings - The company holds annual and temporary shareholder meetings, with the annual meeting required to be held within six months after the end of the previous fiscal year [14][42] - Shareholder meetings are the company's decision-making body, responsible for approving major corporate actions such as capital increases, mergers, and amendments to the articles of association [14][27] Voting and Resolutions - Resolutions at shareholder meetings can be ordinary or special, with ordinary resolutions requiring more than half of the voting rights and special resolutions requiring two-thirds [75][76] - The company must provide a platform for online voting to facilitate shareholder participation [29]

Core Viewpoint - The legal opinion letter issued by Hunan Qiyuan Law Firm confirms that Guangdong Chuangshiji Intelligent Equipment Group Co., Ltd. is eligible to issue shares to specific targets in 2025, complying with relevant laws and regulations [1][18]. Group 1: Approval and Authorization of the Issuance - The shareholders' meeting of the issuer has legally approved the issuance, and the procedures for convening, holding, and voting at the meeting are compliant with laws and regulations [8][9]. - The board of directors has been authorized to handle matters related to this issuance, and this authorization is also deemed legal and effective [8][9]. Group 2: Qualification of the Issuer - The issuer is a legally established and validly existing listed company, possessing the qualifications necessary for this issuance [9]. Group 3: Substantive Conditions for the Issuance - The issuance meets the relevant conditions stipulated in the Company Law, Securities Law, and Registration Management Measures, indicating that the issuer is qualified to issue shares to specific targets [9][10]. - The issuance adheres to the requirement that the stock price is not lower than the par value, which is set at 1.00 yuan per share [10]. Group 4: Independence of the Issuer - The issuer maintains independence in assets, personnel, finance, organization, and business operations, demonstrating a complete business system and the ability to operate independently in the market [12]. Group 5: Major Shareholders and Actual Controllers - The qualifications of the issuer's major shareholders and actual controllers have been verified, ensuring no changes that would affect the issuer's control [12]. Group 6: Related Transactions and Competition - The issuer has disclosed related transactions adequately, ensuring that the prices of these transactions are fair and do not harm the interests of the issuer or other shareholders [13][14]. - There is no existing competition between the issuer and other enterprises controlled by the actual controller, with measures in place to avoid such competition [14]. Group 7: Legal Risks and Compliance - The legal opinion confirms that the issuer's fundraising projects align with national industrial policies and do not pose risks of competition or adversely affect the issuer's independence [18].

Core Viewpoint - The company has completed the "Intelligent Equipment Production and Testing Base Construction Project" and plans to permanently supplement its working capital with the remaining funds from this project, while also closing the related fundraising accounts [1][5][8]. Fundraising Basic Situation - The company raised a net amount of RMB 108.08 million from its initial public offering after deducting issuance costs [1]. - The total planned investment for the fundraising projects was RMB 509.45 million [2]. Fundraising Project Status - As of June 17, 2025, the cumulative investment from the raised funds was RMB 325.22 million, with the remaining funds being RMB 27.63 million [2][3]. - The remaining funds include interest income and cash management returns after deducting bank fees [4][5]. Reasons for Fundraising Surplus - The company adopted a cautious and frugal approach during the project implementation, which led to reduced actual expenditures [5]. - The company generated investment income from idle fundraising funds through cash management, contributing to the surplus [5]. Use Plan for Surplus Funds - The company plans to use the surplus funds of RMB 27.63 million to permanently supplement its working capital for daily operations [5][6]. Impact of Surplus Fund Allocation - The decision to allocate surplus funds to working capital is expected to enhance the company's operational capacity and align with its long-term development strategy [5][8]. Account Closure - The company intends to close the fundraising accounts associated with the surplus funds, which will not affect the ongoing projects [6][7]. Review Procedures and Opinions - The board of directors and the supervisory board approved the proposal to conclude the fundraising project and allocate the surplus funds [8]. - The supervisory board confirmed that the decision aligns with regulations and does not harm the interests of shareholders, particularly minority shareholders [8]. - The sponsoring institution also expressed no objections to the decision, affirming compliance with relevant laws and regulations [8].

创世纪（300083）公告，公司近日收到深交所2025年6月19日出具的《关于受理广东创世纪智能装备集 团股份有限公司向特定对象发行股票申请文件的通知》。深交所对公司报送的向特定对象发行股票的申 请文件进行了核对，认为申请文件齐备，决定予以受理。本次向特定对象发行股票事项尚需通过深交所 上市审核中心审核，并获中国证监会同意注册后方可实施，最终能否通过审核及获得注册的决定及时间 尚存在不确定性。 ...

截至本公告披露日，公司已将上述用于暂时补充流动资金的募集资金 1,300 万元提前归还至募集资金专用账户，并及时将募集资金归还情况通知保荐机构和 保荐代表人。剩余用于暂时补充流动资金的募集资金尚在董事会审议通过的使用 期限之内，公司将在规定到期日之前归还至募集资金专用账户，届时公司将及时 履行信息披露义务。 证券代码：688499 证券简称：利元亨 公告编号：2025-041 广东利元亨智能装备股份有限公司 关于提前归还部分暂时补充流动资金的募集资金的公告 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、准确性和完整性依法承担法律责任。 广东利元亨智能装备股份有限公司（以下简称"公司"）于 2024 年 10 月 于使用部分闲置募集资金暂时补充流动资金的议案》，同意公司使用部分闲置募 集资金不超过人民币 45,000 万元（含本数）暂时补充流动资金，使用期限自公 司董事会审议通过之日起不超过 12 个月。具体内容详见公司于 2024 年 10 月 25 日在上海证券交易所网站（www.sse.com.cn）披露的《广东利元亨智能装备股份 有限公司关于使用 ...

Group 1 - The event theme is "Battery Swap City, Smart Two-Wheelers," organized by Qidian Lithium Battery, Qidian Sodium Battery, Qidian Two-Wheelers, and Battery Swap [2] - The event will take place on July 10-11, 2025, at the DENGXILU International Hotel in Bao'an, Shenzhen [2] - Qidian Lithium Battery reported that Taihe Intelligent plans to acquire 100% equity of Anhui Sunshine Yuchu, a subsidiary of Sunshine New Energy, for approximately 45.8 million yuan [2][3] Group 2 - Taihe Intelligent is primarily engaged in intelligent sorting and packaging equipment, while Sunshine Yuchu focuses on industrial and commercial energy storage investment and operation [2][3] - The acquisition is seen as a cross-industry move, with Taihe Intelligent lacking experience in energy storage, which poses significant operational risks [2][3][8] - Both companies have poor financial conditions, with Sunshine Yuchu reporting revenue of approximately 19.8 million yuan and a net loss of about 6.13 million yuan in 2024 [4][5] Group 3 - Taihe Intelligent's net profit has been declining from 87.46 million yuan in 2017 to 11.31 million yuan in 2023, with three consecutive years of losses from 2021 to 2023 when considering non-recurring profits [5] - However, Taihe Intelligent's performance showed signs of recovery in 2024, with net profit increasing to 21.47 million yuan [6] - The acquisition raises questions about how Taihe Intelligent will manage operations without prior experience and the responsibilities it will assume post-acquisition [8] Group 4 - Sunshine New Energy recently became a major shareholder of Taihe Intelligent, acquiring 10.24% of its shares in October 2022, leading to a restructuring of Taihe Intelligent's board [3][9] - The acquisition is perceived as a resource integration strategy amid fierce competition in the energy storage industry [3][7] - There are concerns regarding the potential for a backdoor listing, although Sunshine New Energy has stated that it has not indicated intentions to use Taihe Intelligent for this purpose [9]

Core Viewpoint - The company experienced a significant decline in performance in 2024, with a revenue of 1.809 billion yuan, a year-on-year decrease of 10%, and a net profit of -87.92 million yuan, marking a 201% decline from profit to loss [1][2][4]. Revenue Analysis - The company's revenue decline is attributed to a drop in sales across various business segments, particularly in the new energy vehicle sector, which saw a 14.53% decrease in revenue [2][3]. - The revenue from the fuel vehicle sector remained relatively stable, with a slight decrease compared to 2023, while the new energy vehicle sector's revenue decline was the primary factor for the overall revenue drop [2][3]. - The company’s order structure has changed, with a notable increase in overseas orders, which have longer execution times, impacting revenue recognition [3][4]. Profitability and Margin Analysis - The company's comprehensive gross margin has decreased significantly over the past three years, from 28.86% in 2022 to 20.61% in 2024, indicating a downward trend in profitability [4][12]. - The decline in gross margin is primarily due to increased competition in the industry, which has pressured margins across all product lines [9][12]. - The gross profit decreased by 174.17 million yuan in 2024 compared to 2023, driven by both revenue decline and margin compression [4][12]. Cost Structure and Expense Analysis - The company has seen an increase in operating expenses, particularly in administrative and financial costs, which rose by 13.20 million yuan and 19.26 million yuan, respectively [4][12]. - The cost structure has shifted, with direct materials becoming a larger portion of total costs due to competitive pressures and increased order volumes [17][18]. Comparison with Industry Peers - Compared to industry peers, the company's gross margin is lower than that of leading competitors like Xianhui Technology but higher than others like Juyi Technology and Tianyong Intelligent [13][14]. - The overall performance decline aligns with industry trends, as many comparable companies also reported revenue and profit declines in 2024 [7][14]. Deferred Tax Assets and Losses - The company recognized a significant increase in deferred tax assets due to deductible losses, amounting to an increase of 14.38 million yuan, reflecting the impact of competitive pressures and R&D deductions [18][19].

Core Viewpoint - Hefei Taihe Intelligent Technology Group Co., Ltd. announced the acquisition of 100% equity in Anhui Sunshine Yuchu New Energy Co., Ltd. for 45.8 million yuan, which raises concerns due to the target company's ongoing losses and high debt levels [1][2][4]. Group 1: Acquisition Details - The acquisition involves Anhui Sunshine Yuchu, a subsidiary of Sunshine New Energy, which focuses on energy storage projects for commercial users [1]. - The transaction is classified as a related party transaction, as Sunshine New Energy is both the parent company of Anhui Sunshine Yuchu and the controlling shareholder of Taihe Intelligent [1]. - The asset evaluation report indicates that as of March 31, 2025, the book value of Anhui Sunshine Yuchu's equity was 43.116 million yuan, with an assessed value of 45.8 million yuan, reflecting a value increase of 2.684 million yuan (6.23%) [1]. Group 2: Financial Performance - Anhui Sunshine Yuchu reported a revenue of 19.7761 million yuan in 2024, accounting for 3.51% of Taihe Intelligent's total revenue, with a net loss of 6.1321 million yuan [2]. - In Q1 2025, the company's revenue increased to 15.7029 million yuan, representing 15% of Taihe Intelligent's revenue, but the net loss expanded to 22.6566 million yuan [2]. - The significant loss in Q1 2025 was attributed to asset impairment, with a provision of 26.5775 million yuan for fixed asset impairment [2]. Group 3: Strategic Implications - Taihe Intelligent has acknowledged that it lacks experience in the commercial energy storage sector and that the acquisition of a loss-making asset poses significant cross-industry operational risks [2][4]. - The company is undergoing a change in control, with Sunshine New Energy becoming the new controlling shareholder, which may influence its strategic direction [3]. - The acquisition raises questions about the rationale behind a profitable AI visual recognition company acquiring a loss-making energy storage asset, especially given the financial performance disparity [4].

Core Points - The article outlines the implementation details of the cumulative voting system for the election of directors at Qiao Feng Intelligent Equipment Co., Ltd, aiming to enhance corporate governance and protect minority shareholders' rights [1][2][5] Group 1: General Principles - The cumulative voting system is mandated for the election of two or more directors, especially when a single shareholder or their concerted parties hold over 30% of the voting shares [1][2] - The voting rights in the cumulative voting system allow shareholders to concentrate their votes on one or several candidates, with each share having a number of votes equal to the number of directors to be elected [1][3] Group 2: Nomination of Candidates - The company will determine director candidates according to its articles of association, ensuring a transparent and fair election process [2][3] - Shareholders holding more than 1% of voting shares can propose new candidates up to 10 days before the shareholders' meeting [2][3] Group 3: Voting Principles - Each shareholder's voting power is calculated as the number of shares held multiplied by the number of directors to be elected [3][4] - Votes can be distributed among candidates or concentrated on specific candidates, but the total votes cast for any candidate cannot exceed the shareholder's total voting rights [3][4] Group 4: Election Outcomes - Candidates are elected based on the total votes received, with a requirement that the votes exceed half of the total voting rights present at the meeting [4][5] - If the number of elected directors does not meet the required threshold, the original board continues to function until a new election is organized [4][5] Group 5: Special Procedures - The company must clearly state the use of the cumulative voting system in the notice for the shareholders' meeting [4][5] - Voting can be conducted in person or by proxy, and specific instructions regarding the voting process must be provided [4][5]