智通财经APP获悉，浦林成山(01809)尾盘跌超7%，截至发稿，跌7.94%，报6.96港元，成交额1305.28万 港元。 消息面上，浦林成山发布公告称，泰国全资子公司Prinx Thailand收到泰国工业园区管理局(IEAT)发出的 暂时停产通知，主要原因是炭黑包装袋的处理涉嫌违反泰国工业废弃物处理法规，以及扩产生产线的废 物排放待验收。Prinx Thailand已因此暂时停产，以待采取整改措施和解决该事宜，并已委任律师处理此 问题。 公告称，Prinx Thailand已暂停生产基地运营以进行整改，并委任律师处理相关事宜。公司正与IEAT积 极协商，预计1至2周内明确停产期限。浦林成山表示，若停产时间较短，预计不会对财务状况产生重大 影响，后续将根据进展及时披露复产情况。值得注意的是，泰国媒体援引的IEAT措辞强硬，称一家工 厂被"永久关停"，分析人士称仍需关注后续进展。 ...

Group 1 - The core reason for the increase in Japanese investment in China is the warming of China-Japan relations, which is influenced by the trade war initiated by the United States [1][4] - Japanese investment in China has shown a significant increase, with a 59.1% growth projected for the first half of 2025 [2] - A report indicates that 16% of Japanese companies plan to significantly increase their investment in China, while 42% will maintain their current investment levels, marking a new high since 2024 [2] Group 2 - The presence of seven Japanese companies in the top 30 foreign manufacturing investors in China highlights Japan's leading position in foreign investment [3] - The recent high-level economic dialogue between China and Japan has led to important agreements that facilitate Japanese investment in China [4] - The trend of Japanese companies integrating into the local supply chain in China has allowed smaller firms to grow significantly by securing orders from local enterprises [4][5] Group 3 - Yokohama Rubber Company has completed the acquisition of the remaining 22.98% stake in its joint venture in China, indicating a strategic move to strengthen its competitiveness in the Chinese tire market [5] - China is recognized as the largest tire consumer and a leader in the development of the new energy vehicle industry, creating substantial demand for high-performance and green tires [6] - Yokohama aims to replicate its successful localization strategy in China across other Asian markets, establishing a robust tire business network centered in China [7]

每经头条（nbdtoutiao）——"我们也深陷残酷价格战"！德资巨头中国区高管警告：智驾绝不能免费， 否则会给全行业带来灾难 （记者 王晓波） 每经AI快讯，通用股份（SH 601500，最新价：4.63元）8月3日晚间发布公告称，公司第七届第一次董 事会会议于2025年8月1日在公司会议室以现场方式召开。会议审议了《关于选举公司董事长的议案》等 文件。 2024年1至12月份，通用股份的营业收入构成为：轮胎占比98.84%，其他业务占比1.16%。 ...

本文源自：财华网 【财华社讯】浦林成山(01809.HK)公布，公司全资附属公司浦林成山轮胎(泰国)有限公司(Prinx Thailand;)近期收到泰国工业园区管理局(IEAT;)就其位于泰国的轮胎生产基地发出的暂时停产通知，主 要原因为炭黑包装袋的处理涉嫌违反泰国工业废弃物处理法规和扩产生产线的废物排放待验收。Prinx Thailand已因此暂时让其轮胎生产基地停产，以待采纳整改措施和解决该事宜。Prinx Thailand已委任律 师代为处理该事宜。同时，Prinx Thailand正与IEAT积极协商，以尽快澄清和解决该事宜，并预计在一 至两周內就停产期限有更清晰的了解。公司仍在评估该通知对集团财务状况的影响(尽管如停产时间不 长，预计不会对集团财务状况构成任何重大影响)。 ...

Core Viewpoint - Prinx Thailand, a wholly-owned subsidiary of浦林成山, has received a temporary suspension notice from the Thailand Industrial Estate Authority regarding its tire production facility due to alleged violations of industrial waste handling regulations and pending acceptance of waste emissions from an expansion production line [1] Group 1 - The suspension is primarily due to issues related to the handling of carbon black packaging bags [1] - Prinx Thailand has temporarily halted operations at its tire production base while it implements corrective measures to address the situation [1] - The company has appointed a lawyer to manage the legal aspects of the matter [1] Group 2 - Prinx Thailand is actively negotiating with the Industrial Estate Authority of Thailand (IEAT) to clarify and resolve the issues as quickly as possible [1] - A clearer understanding of the suspension duration is expected within one to two weeks [1]

Group 1 - In May 2025, China's automobile tire imports amounted to 0.5 million tons, representing a year-on-year decrease of 26.7%, with an import value of 0.37 million USD, down 23.8% year-on-year [1][3][4] - In the same month, China's automobile tire exports reached 737.6 thousand tons, showing a year-on-year increase of 11.1%, with an export value of 1.743 billion USD, up 9.6% year-on-year [1][3][4]

Core Viewpoint - The announcement details the partial release of share pledges by the controlling shareholder, Linglong Group, which holds a significant portion of Linglong Tire's shares, indicating a potential shift in financial strategy and liquidity management [2][3]. Group 1: Shareholding and Pledge Details - Linglong Group holds 590,739,414 shares of Linglong Tire, representing 40.36% of the total share capital. The recent release involves 32,610,000 shares, leaving 124,100,000 shares pledged, which accounts for 21.01% of Linglong Group's total holdings and 8.48% of the company's total share capital [2]. - Together with its concerted actions, Linglong Group and its affiliates own 793,265,214 shares, making up 54.20% of the total share capital. After the release of the pledge, the total pledged shares amount to 124,100,000, which is 15.64% of their total holdings and 8.48% of the company's total share capital [2]. Group 2: Pledge Release Situation - The company received notification from Linglong Group regarding the release of part of the shares previously pledged to Zhongyuan Trust Co., Ltd. The decision on whether to re-pledge these shares will depend on Linglong Group's future funding needs, with the company committing to timely disclosures based on subsequent developments [3].

Core Viewpoint - The company has approved a total guarantee amount of up to 17.6 billion RMB for its subsidiaries, with specific provisions for subsidiaries with high debt ratios [1][7]. Group 1: Guarantee Details - The company will provide guarantees totaling no more than 17.6 billion RMB for its subsidiaries, including 15.6 billion RMB for subsidiaries with an asset-liability ratio exceeding 70% [1]. - The company has already provided a total of 5.512 billion RMB in guarantees to its wholly-owned subsidiary, Sairun Group (Hong Kong) Limited [2][3]. - The guarantee for Sairun Hong Kong is structured as a joint liability guarantee, covering loans, accounts receivable purchases, interest, penalties, and other related costs [3][4][5]. Group 2: Necessity and Reasonableness of Guarantee - The guarantee is deemed necessary to support the daily operational needs of Sairun Hong Kong, which is currently stable and has no significant defaults or legal issues affecting its debt repayment capacity [6]. - The company has confirmed that the guarantee does not harm the interests of the company or minority shareholders, indicating its reasonableness [6]. Group 3: Cumulative Guarantee Situation - The total expected annual guarantees for the company and its subsidiaries is 27.2 billion RMB, with actual guarantees amounting to 20.39 billion RMB as of the announcement date [7]. - The expected annual guarantee amount for wholly-owned subsidiaries is 17.6 billion RMB, with actual guarantees of 13.352 billion RMB, reflecting significant coverage of the company's audited net assets [7].

Company Performance - The company reported strong results for the first half of 2025, with organic growth of 4.4% driven by solid commercial performance [3] - Improved profitability was achieved through effective internal levers, which offset negative external impacts [3] - The company demonstrated solid cash generation supported by operational performance and disciplined working capital management [3] Market Environment - The external environment remains complex and challenging, with geopolitical and trade tensions affecting the outlook for 2025 [4] - Recent estimates indicate a slowdown in global economic growth, particularly pronounced in the United States [4] Sustainability Efforts - Significant progress in sustainability has been noted as a core element of the company's strategy [4]

General Provisions - The company is established to protect the legal rights of shareholders, employees, and creditors, and to regulate its organization and behavior according to relevant laws [2] - The company was formed by the transformation of Jiangsu General Science Technology Co., Ltd. on June 30, 2007, and is registered in Wuxi City [2] - The company was approved by the China Securities Regulatory Commission for its initial public offering of 174,919,085 shares on August 19, 2016, and was listed on the Shanghai Stock Exchange on September 19, 2016 [2][3] - The registered capital of the company is RMB 1,589,315,735 [3] Company Structure and Governance - The company is a permanent joint-stock company, with the chairman acting as the legal representative [3] - The legal representative's civil activities are binding on the company, and the company is liable for damages caused by the legal representative in the course of their duties [3] - Shareholders are liable for the company's debts only to the extent of their subscribed shares, while the company is liable for its debts with all its assets [3] Management and Social Responsibility - The company is committed to considering the interests of employees, consumers, and the ecological environment, and it undertakes social responsibilities by regularly publishing social responsibility reports [4] - The company aims to operate in accordance with laws and regulations, striving to create a well-governed, compliant, and law-abiding enterprise [4] Business Objectives and Scope - The company's business objective is to manage and operate its assets professionally to create satisfactory returns for all shareholders [16] - The business scope includes technology development and consulting for tires, manufacturing and sales of rubber products, and import and export of various goods and technologies [16][5] Share Issuance and Management - The company's shares are issued in the form of stocks, adhering to principles of openness, fairness, and justice [6] - The company’s total number of shares after the initial public offering is to be determined [6] - The company is prohibited from providing financial assistance for others to acquire its shares, except in specific circumstances [7] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, voting, and supervision of the company's operations, and they can request to convene shareholder meetings [36] - Shareholders must comply with laws and the company's articles of association, and they are not allowed to withdraw their capital except as legally permitted [42] 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 [50] - The notice for shareholder meetings must include details such as time, location, and agenda, and must be sent out in advance [63] - Decisions made at shareholder meetings require a majority or two-thirds majority vote, depending on the nature of the resolution [82][84]