证券日报网讯 11月24日晚间，湘佳股份发布公告称，2025年11月24日，公司召开第五届董事会第十八 次会议，审议通过了《关于为控股子公司贷款提供担保的议案》。为满足控股子公司湖南三尖农牧有限 责任公司（简称"三尖农牧"）经营需要，三尖农牧拟向金融机构进行贷款，公司为此提供担保，具体情 况如下：拟向中国农业银行股份有限公司石门县支行申请流动资金贷款3，000万元，公司为该笔流动资 金贷款提供连带责任保证担保，担保期限为3年，具体以三尖农牧与中国农业银行股份有限公司石门县 支行签订的合同为准，三尖农牧少数股东也按出资比例向公司提供反担保。拟向兴业银行股份有限公司 常德分行申请流动资金贷款3，000万元，公司为该笔流动资金贷款提供连带责任保证担保，担保期限为 3年，具体以三尖农牧与兴业银行股份有限公司常德分行签订的合同为准，三尖农牧少数股东也按出资 比例向公司提供反担保。 （文章来源：证券日报） ...

| 日期 | 回购股数（万股） | 回购最高价（港元） | 回购最低价（港元） | 回购金额（万港元） | | --- | --- | --- | --- | --- | | 2025.11.21 | 8.57 | 73.300 | 71.500 | 621.24 | | 2025.11.20 | 9.84 | 75.195 | 73.500 | 730.17 | | 2025.11.19 | 3.95 | 74.900 | 74.400 | 295.10 | | 2025.11.18 | 2.95 | 72.950 | 72.200 | 213.97 | 证券时报·数据宝统计，德康农牧在港交所公告显示，11月21日以每股71.500港元至73.300港元的价格回 购8.57万股，回购金额达621.24万港元。该股当日收盘价73.000港元，下跌1.02%，全天成交额3339.58 万港元。 自11月18日以来公司已连续4日进行回购，合计回购25.31万股，累计回购金额1860.48万港元。 其间该 股累计平盘报收。（数据宝） 德康农牧回购明细 （文章来源：证券时报网） ...

德康农牧回购明细 | 日期 | 回购股数（万股） | 回购最高价（港元） | 回购最低价（港元） | 回购金额（万港元） | | --- | --- | --- | --- | --- | | 2025.11.20 | 9.84 | 75.195 | 73.500 | 730.17 | | 2025.11.19 | 3.95 | 74.900 | 74.400 | 295.10 | | 2025.11.18 | 2.95 | 72.950 | 72.200 | 213.97 | （文章来源：证券时报网） 证券时报·数据宝统计，德康农牧在港交所公告显示，11月20日以每股73.500港元至75.195港元的价格回 购9.84万股，回购金额达730.17万港元。该股当日收盘价73.750港元，下跌1.34%，全天成交额3773.28 万港元。 自11月18日以来公司已连续3日进行回购，合计回购16.74万股，累计回购金额1239.24万港元。 其间该 股累计上涨1.03%。（数据宝） ...

Core Viewpoint - The company has approved joint investments with professional investment institutions to establish three private equity investment funds, indicating a strategic move to enhance its investment portfolio and capitalize on growth opportunities in the agricultural sector [2][3]. Group 1: Investment Details - The company will invest a total of 11,880,000 CNY (approximately 5.99 million CNY each for two funds) in collaboration with Guangdong Shaoguan Shaonong Development Fund and Guangzhou Yinguo Investment Management [2]. - The company’s wholly-owned subsidiary, Foshan Meishen Breeding Co., Ltd., will invest 4,050,000 CNY in partnership with Guangdong Yuemao Agricultural Development Fund and Guangdong Agricultural Supply-Side Structural Reform Fund Management [2]. - The three funds established are: Shaoguan Shaotang No. 1 Agricultural and Animal Husbandry Equity Investment Fund, Shaoguan Shaotang No. 2 Agricultural and Animal Husbandry Equity Investment Fund, and Guangdong Province Yuemao No. 3 Private Equity Investment Fund [2][3]. Group 2: Fund Registration Information - Shaoguan Shaotang No. 1 has been registered with the Securities Investment Fund Law, with a management company of Guangzhou Yinguo Investment Management and a custodian of Agricultural Bank of China, registered on November 12, 2025 [3]. - Shaoguan Shaotang No. 2 is similarly managed by Guangzhou Yinguo Investment Management and is under the custody of China Construction Bank, also registered on November 12, 2025 [3]. - Guangdong Province Yuemao No. 3 is managed by Guangdong Agricultural Supply-Side Structural Reform Fund Management, with registration details provided [3][4].

Core Insights - The technology manufacturing industry continues to show high prosperity, with rising memory prices and an improved outlook for the lithium battery supply chain due to tight supply and demand [1] - Real estate demand remains weak, leading to pressure on passenger vehicle sales, while coal demand has improved significantly, resulting in a sharp price increase [1] Downstream Consumption - Real estate sales have seen a significant decline, with a year-on-year drop of 41.4%, particularly in first, second, and third-tier cities, where transaction volumes fell by 45.2%, 38.2%, and 43.9% respectively [2] - Passenger vehicle retail sales in October decreased by 0.8% year-on-year, primarily due to the high base effect from subsidy policy changes [2] - Agricultural prices show mixed trends, with live pig prices down 3.1% month-on-month, while domestic staple grain prices continue to rise [2] - Service consumption is also under pressure, with a 22.8% year-on-year decline in movie box office revenues [2] Technology & Manufacturing - The electronic industry remains robust, driven by AI, with a significant increase in storage demand and a 15.0% year-on-year rise in semiconductor sales in September [3] - Construction demand is weak, influenced by seasonal factors, leading to a decline in building material demand and pressure on the construction materials industry [3] - The lithium battery industry is experiencing heightened demand, with a substantial increase in the price of lithium hexafluorophosphate due to tight supply [3] - Coal prices have surged due to increased demand for heating and ongoing supply-side checks, while international metal prices have declined [3] Human Flow and Logistics - Passenger transport demand has decreased month-on-month, although it shows year-on-year improvement, with a 4.2% drop in long-distance travel demand [4] - Freight logistics have seen a slight decline, with national highway truck traffic down 2.1% month-on-month, while railway freight volume increased by 3.9% [4] - Port throughput remains stable, with shipping prices experiencing a month-on-month decline [4]

Group 1 - The investor compensation case against Pengdu Agriculture and Animal Husbandry has been officially filed in Changsha Intermediate Court, with ongoing efforts to accept additional claims from other investors [1] - Pengdu Agriculture and Animal Husbandry has a precedent of investors winning compensation claims due to false statements, and investors who suffered losses from such misrepresentations can still initiate claims [1] - The company was found to have failed to timely disclose the non-operating fund occupation by its controlling shareholder and had significant omissions in its annual and semi-annual reports from 2020 to 2022 [1] Group 2 - Century Huatong has also faced legal action, with a compensation case filed in Shaoxing Intermediate People's Court, and some investors have already received compensation [1] - The company received an administrative penalty from the China Securities Regulatory Commission for false records regarding goodwill in its annual reports from 2018 to 2022, including failing to conduct goodwill impairment tests [2] - Century Huatong's financial reports from 2019 to 2022 contained errors in goodwill disclosures and failed to report certain segments according to accounting standards [3]

Downstream Consumption - Real estate sales have seen an expanded decline, with a year-on-year decrease of 41.4% in the transaction area of commercial housing in 30 major cities as of November 9 [7] - In October 2025, nationwide retail sales of passenger cars decreased by 0.8% year-on-year, primarily due to the high base effect from the second half of 2024 and tightening of trade-in policies [8] - The price of live pigs has turned downward, with a week-on-week decrease of 3.1%, while domestic staple grain prices continue to rise [10] Technology & Manufacturing - The electronic industry continues to maintain high prosperity, with the average spot price of DRAM memory reaching $3.336, up 2.2% week-on-week, driven by AI infrastructure demand [20] - Semiconductor sales in China reached $18.69 billion in September 2025, reflecting a year-on-year increase of 15.0% [22] - The lithium battery industry is experiencing significant growth, with the price of lithium hexafluorophosphate rising by 13.0% week-on-week as of November 7 [45] Upstream Resources - Coal prices have surged, with the price of Q5500 thermal coal at Qinhuangdao port reaching 817 yuan per ton, up 6.1% week-on-week, marking a new high for the year [46] - International metal prices have declined, with SHFE copper and aluminum prices at 85,900 yuan and 21,600 yuan per ton, respectively, reflecting a week-on-week decrease of 1.2% and an increase of 1.5% [50] Logistics and Passenger Flow - Passenger demand has decreased on a month-on-month basis, with subway passenger volume down 1.9% week-on-week but up 3.4% year-on-year [59] - Freight logistics demand has also declined, with nationwide highway truck traffic down 2.1% week-on-week, while railway freight volume increased by 3.9% [62] - Port throughput has shown fluctuations, with container throughput at 6.809 million TEUs, up 1.4% week-on-week [65]

Core Viewpoint - The major asset restructuring plan of Bangji Technology has been abruptly terminated due to the inability to reach an agreement with the counterparty, Riverstone Farm Pte. Ltd. [1][2] Group 1: Termination of Restructuring - On November 11, Bangji Technology announced the termination of its plan to acquire 100% equity of several companies from Riverstone Farm Pte. Ltd. through share issuance and cash payment [2][4]. - The decision to terminate the restructuring was made after multiple negotiations and consultations, where no consensus on the transaction plan was achieved [4]. Group 2: Impact on Stock Performance - Following the announcement of the termination, Bangji Technology's stock price experienced significant declines, with drops of 8.91% and 7.54% on November 10 and 11, respectively, leading to a total decline of 15.78% for the week [1][5]. - The company's market capitalization has decreased to 3.664 billion CNY as of November 11 [5]. Group 3: Business Operations and Future Plans - Bangji Technology stated that its current production and operational conditions remain normal, and the termination of the restructuring will not adversely affect its existing business or financial status [5]. - The company has committed to not planning any major asset restructuring for at least one month following the disclosure of this termination [5]. Group 4: Background of the Restructuring Plan - The restructuring plan aimed to extend Bangji Technology's business into the pig farming sector, enhancing its vertical integration from feed production to livestock farming [9][10]. - Prior to the termination, the stock price had surged by 81% from June 17 to September 16 due to the anticipation of the restructuring [10]. - In the first three quarters of the year, Bangji Technology reported revenue of approximately 4.149 billion CNY, a year-on-year increase of 155.4%, and a net profit of about 106 million CNY, up 148.64% year-on-year [10].

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603151 证券简称：邦基科技 公告编号：2025-098 山东邦基科技股份有限公司 关于终止重大资产重组事项的公告 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、准确性和完整性承担法律责任。 2025年11月11日山东邦基科技股份有限公司（以下简称"公司"）召开第二届董事会第十七次会议，审议 通过了《关于终止重大资产重组事项的议案》,同意公司终止以发行股份及支付现金的方式购买 Riverstone Farm Pte. Ltd.所持有的山东北溪农牧有限公司、山东瑞东伟力农牧有限公司、山东鑫牧农牧 科技有限公司、瑞东农牧（利津）有限公司、瑞东农牧（山东）有限责任公司、瑞东威力牧业（滨州） 有限公司全部100%的股权以及派斯东畜牧技术咨询（上海）有限公司80%股权（以下简称"本次交 易""本次重大资产重组"）的事项并授权公司管理层办理本次终止相关事宜。现将相关事项公告如下： 一、本次重大资产重组的概述 山东邦基科技股份有限公司（以下简称"公司"）拟通过发行股份及支付现金的方式购买Riverston ...

证券日报网讯 11月11日晚间，邦基科技发布公告称，2025年11月11日，山东邦基科技股份有限公司 （以下简称"公司"）召开第二届董事会第十七次会议，审议通过了《关于终止重大资产重组事项的议 案》，同意公司终止以发行股份及支付现金的方式购买Riverstone Farm Pte.Ltd.所持有的山东北溪农牧 有限公司、山东瑞东伟力农牧有限公司、山东鑫牧农牧科技有限公司、瑞东农牧（利津）有限公司、瑞 东农牧（山东）有限责任公司、瑞东威力牧业（滨州）有限公司全部100%的股权以及派斯东畜牧技术 咨询（上海）有限公司80%股权（以下简称"本次重大资产重组"）的事项。公司计划于2025年11月17日 （星期一）11：00-12：00，召开终止本次重大资产重组事项的投资者说明会。 （编辑 楚丽君） ...