Core Viewpoint - General Electric Company has obtained a patent for a "burner with fuel injector," indicating its ongoing innovation in energy technology [1] Group 1 - The patent granted is identified by the announcement number CN116293797B [1] - The application date for the patent was April 2022 [1]

长江商报消息 ●长江商报记者 沈右荣 控股股东进，创始人退，海信系对科林电气（603050.SH）话语权进一步提升。 12月5日晚，科林电气公告，张成锁拟减持不超过公司2.8%股权。此外，王永、董彩宏也计划减持。 68岁的张成锁是科林电气创始人，曾与王永、董彩宏等为一致行动人，并因此成为科林电气控股股东、 实际控制人。 2024年，海信系突袭，通过二级市场增持、受让股权、要约收购、接受表决权委托等途径，击败张成锁 取得了科林电气控制权。 在张成锁等减持撤退计划披露之前，2025年9月，科林电气披露，公司拟向海信系定增，募资不超过15 亿元，所募资金全部用于补充流动资金。如果定增顺利完成，在不考虑其他因素影响的情况下，海信系 持股比将上升至47.09%，持有的表决权比例将达到54.87%。 在海信系赋能之下，科林电气经营向好。2025年前三季度，公司营业收入逾32亿元、归母净利润逾2亿 元，同比均为快速增长。经营现金流净额为3.05亿元，同比猛增约46倍。 张成锁拟减持不超2.8%撤退 在与海信系争夺科林电气控制权失败后，张成锁选择通过减持方式逐步撤退。 1958年9月出生的张成锁，1981年7月至2000年1 ...

Group 1 - The overall market capitalization has exceeded 100 trillion yuan, indicating a significant improvement in investor confidence and expectations, with enhanced market resilience and risk resistance [2] - The "14th Five-Year Plan" outlines the direction and goals for the next phase of capital market reform, emphasizing the need to improve the inclusiveness and adaptability of the capital market system [2] - The focus is on enhancing institutional inclusiveness for technological innovation, optimizing the market ecology for long-term investments, and better utilizing the capital market as a platform for resource allocation [2] Group 2 - The development of direct financing through equity and bonds is a key task outlined in the "14th Five-Year Plan," aimed at improving the inclusiveness and adaptability of the capital market [2] - The China Securities Regulatory Commission (CSRC) has been actively promoting multi-tiered capital market systems and enhancing services for high-quality technology enterprises [2][4] - The introduction of the "1+6" reform policy for the Sci-Tech Innovation Board in June and the establishment of a growth tier for unprofitable companies in July are significant steps in this direction [2][3] Group 3 - The bond market plays a crucial role in serving the real economy and optimizing resource allocation, with a focus on developing technology and green bonds [4] - Since the launch of the "Technology Board" for bonds on May 7, 2023, a total of 11,672.67 billion yuan in technology innovation bonds have been issued by 530 institutions by the end of September [4][5] - The future of the bond market is expected to continue focusing on technology innovation, foreign openness, and green development, with a diverse range of issuers [5] Group 4 - The A-share merger and acquisition market has been heating up, with significant reforms in the M&A market aimed at supporting the transformation and upgrading of listed companies [6] - Since the implementation of the "M&A Six Guidelines," over 1,000 M&A transactions have been disclosed in the Shanghai market, with a notable increase in technology-related mergers [6] - The future role of M&A is expected to further enhance the integration of technology and industry, reflecting a shift from factor-driven to innovation-driven economic growth [6][7] Group 5 - The cultivation of high-quality listed companies is essential for the stable operation of the capital market, with ongoing reforms to improve the delisting mechanism [7] - The delisting mechanism is being optimized to ensure a more orderly market ecology, allowing for a more effective selection process [7] - The focus on enhancing the delisting standards and mechanisms aims to improve the overall health and resource allocation efficiency of the capital market [7] Group 6 - As of the end of August, medium- and long-term funds held approximately 21.4 trillion yuan of A-share circulating market value, a 32% increase from the end of the "13th Five-Year Plan" period [8] - The acceleration of medium- and long-term funds entering the market is expected to stabilize market fluctuations and promote a shift towards value investment and long-term investment [8][9] - The establishment of a more attractive "long money, long investment" system environment is crucial for supporting innovation and capital formation [9][10] Group 7 - The "14th Five-Year Plan" period is expected to position the capital market as an aggregator of innovation, linking technology, industry, and policy [10] - The focus will be on providing long-term patient capital for technological innovation and supporting the transformation and upgrading of traditional industries [10]

天眼查App显示，近日，重庆鑫钯杉科技有限公司成立，法定代表人为胡懿卿，注册资本100万人民 币，经营范围为一般项目：机械设备销售；电气设备销售；机械电气设备销售；家用电器销售；摩托车 零配件制造；摩托车及零配件零售；摩托车及零配件批发；汽车零配件零售；汽车零部件及配件制造； 汽车零部件研发；汽车零部件再制造；汽车零配件批发；家用电器制造；工业自动控制系统装置销售； 齿轮及齿轮减、变速箱销售；塑料制品销售；橡胶制品销售；金属结构销售；金属链条及其他金属制品 销售；机械零件、零部件销售；机械零件、零部件加工；金属制品销售；计算机软硬件及辅助设备批 发；金属表面处理及热处理加工；金属工具制造；金属工具销售；软件开发；计算机系统服务；工业控 制计算机及系统销售；制冷、空调设备制造；喷涂加工。（ 除依法须经批准的项目外，凭营业执照依 法自主开展经营活动）。 ...

Group 1 - The core point of the article is that Xianheng International (605056) has announced the repurchase and cancellation of 889,040 restricted stocks due to the failure of 46 incentive targets to meet performance assessments under the 2022 stock incentive plan [1] - As of December 8, 2025, Xianheng International's stock closed at 19.7 yuan, down 0.66% from the previous trading day, with a total market value of 8.083 billion yuan [1] - Following the repurchase and cancellation, the total share capital of the company will decrease from 410,282,240 shares to 409,393,200 shares, resulting in a corresponding reduction in registered capital [1] Group 2 - The stock opened at 19.83 yuan, reached a high of 19.98 yuan, and a low of 19.35 yuan on the same day, with a trading volume of 86.1505 million yuan and a turnover rate of 1.09% [1] - Creditors of the company can declare their claims for debt repayment or provide guarantees within 30 days of receiving notice or within 45 days from the date of announcement [1]

证券日报网讯12月8日，科林电气（603050）在互动平台回答投资者提问时表示，2025年9月30日公司普 通股股东总数为15687户。 ...

证券日报网讯12月8日，金利华电（300069）在互动平台回答投资者提问时表示，公司目前暂无再次启 动重组的计划。如有相关进展，公司将严格按照法律法规要求，及时履行信息披露义务。 ...

金风科技公告，金风投资于2025年10月13日至2025年12月5日通过集中竞价和大宗交易的方式合计减持 金力永磁股份1228.48万股，减持交易金额约4.59亿元。截至2025年12月5日，金风投资持有金力永磁 2515.08万股，占金力永磁股本总数的1.83%。本次减持所获收益计入公司当期损益，公司可获得投资收 益约2.15亿元（所得税前），约占2024年度经审计归属于上市公司股东净利润的11.53%，将对公司2025 年业绩产生积极影响。 ...

Group 1: M&A Activity Overview - From November 3 to December 7, 2025, there were a total of 392 M&A events involving listed companies, with 85 classified as significant M&A transactions[10] - Out of the total M&A events, 82 were completed, and 6 were significant M&A transactions that reached completion[10] Group 2: Policy Updates - On December 5, 2025, the China Securities Regulatory Commission (CSRC) released a draft regulation aimed at standardizing M&A activities and supporting industrial integration and corporate transformation[8] - The Central Financial Office emphasized the role of large state-owned financial institutions in supporting the real economy and maintaining financial stability[8] Group 3: Major M&A Transactions - Notable transactions include a bid by Top Group for 100% of Wuhu Changpeng, valued at CNY 33,000, and a bid by Electric Power Investment for 100% of Electric Power Nuclear Holdings, valued at CNY 5,539,371.08[14] - The total value of significant M&A transactions involving central state-owned enterprises reached CNY 11,596,655.7 for the acquisition of 100% of Zhongke Shuguang[16] Group 4: M&A Failures - There were 16 failed M&A attempts during the reporting period, including a bid by Di'ao Microelectronics for 100% of Rongpai Semiconductor, which was unsuccessful[19] - Other notable failures included attempts by Jiemite and Huakang Co. for various stakes in their respective targets, with total values of CNY 109,800 and CNY 358,061.77 respectively[20]

Group 1 - The article highlights the top three and bottom three AH premium rates for stocks as of December 8, with Northeast Electric (00042) leading at 900.00% [1] - The second and third highest AH premium rates are for Hongye Futures (03678) at 271.02% and Zhejiang Shibao (01057) at 263.14% [1] - The lowest AH premium rates are for Ningde Times (03750) at -7.18%, followed by China Merchants Bank (03968) at 0.50% and Hengrui Medicine (01276) at 3.12% [1] Group 2 - The article provides a detailed ranking of the top ten AH stocks by premium rate, with Northeast Electric (00042) having a significant premium of 900.00% and a deviation value of 33.05% [1] - Other notable stocks in the top ten include Sinopec Oilfield Service (01033) with a premium of 259.21% and a deviation value of -5.20% [1] - The bottom ten AH stocks by premium rate include Weichai Power (02338) with a premium of 5.92% and a deviation value of -3.57% [1] Group 3 - The article also lists the top ten AH stocks by deviation value, with Northeast Electric (00042) again leading with a deviation of 33.05% [1] - Guanghetong (00638) and Beijing Jingcheng Machinery (00187) follow with deviation values of 28.42% and 26.94% respectively [1] - The bottom three stocks by deviation value include GAC Group (02238) at -17.56%, Jiangsu Ninghu Expressway (00177) at -17.19%, and Shenzhen Expressway (00548) at -11.56% [1]