债券简称：博汇转债 债券代码：123156 宁波博汇化工科技股份有限公司 （住所：浙江省宁波石化经济技术开发区滨海路 2366 号） 光大证券股份有限公司关于 宁波博汇化工科技股份有限公司 向不特定对象发行可转换公司债券 临时受托管理事务报告 （关于子公司购买资产事项） 债券受托管理人 (上海市静安区新闸路 1508 号) 二零二五年七月 重要声明 本报告依据《公司债券发行与交易管理办法》《宁波博汇化工科技股份有限 公司向不特定对象发行可转换公司债券募集说明书》《宁波博汇化工科技股份有 限公司 2021 年度向不特定对象发行可转换公司债券之受托管理协议》等相关文 件、第三方机构出具的专业意见以及宁波博汇化工科技股份有限公司出具的相关 说明文件等，由本期债券受托管理人光大证券股份有限公司（以下简称"光大证 券"）编制。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜做出独立判断，而不应将本报告中的任何内容据以作为光大证券所作的承诺 或声明。 光大证券股份有限公司（以下简称"光大证券" "保荐机构"）作为宁波博汇 化工科技股份有限公司（以下简称"博汇股份"或者"发行人" "公司"）向不特 ...

2025年一季度，公司营业收入5.35亿元，同比大降32.42%，扣非净利润亏损0.47亿元，同比收窄约一 半。 此番投资，博汇股份拟通过全资子公司无锡极致液冷科技有限公司（下称"无锡极致液冷"）购买服务 器、数据中心机房及配套技术服务、网络设备及服务等，用于开展智能算力服务及相关业务，采购总金 额预计不超过人民币3.9亿元。 截至2025年3月31日，博汇股份账面货币资金仅有3.62亿元，而且还有着4.36亿元短期借款，和3.11亿元 一年内到期的非流动负债。对比年报，这些负债包括长期借款（一年内到期的，后同）和租赁负债等。 如此看来，博汇股份的资金并不算宽裕。相关公告中，博汇股份表示所出资金会是自有资金及自筹资 金，同时提醒称，随着行业的高速发展及智算业务的实施，公司业务的开展可能需要占用更多的营运资 金，将导致公司未来在发展过程中面临一定的资金压力。 2025年7月19日，石油化工企业博汇股份发布公告称，拟斥资不超过人民币3.9亿元，跨界布 局智能算力行业。 风险不止于此，除了跨界开展新业务、专业人才储备不足外，博汇股份还表示，IDC（算力）业务运营 资质尚存风险。从事该业务的公司或公司的业务合作方需取 ...

宁波博汇化工科技股份有限公司 证券代码：300839 证券简称：博汇股份 公告编号：2025-102 债券代码：123156 债券简称：博汇转债 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 本次事项是公司的子公司无锡极致液冷科技有限公司开展的业务，与公司 主营业务存在跨界风险，面临全新的挑战，未来经营情况存在较大不确定性。 公司的经营活动受国际政策、行业及国内外环境等多方面因素影响，加重 了市场的不确定性，可能导致投资收益不达预期的风险。 从事本业务的公司或公司的业务合作方需取得 IDC 运营资质，如该行政审 批流程延迟或合作方等相关单位未取得 IDC 运营资质，则可能导致一定风险。 此外，如行业监管政策后续收紧则可能对公司的运营资质申请造成不利影响。 随着新业务的开展，公司可能面临因人才储备不足、运营经验缺乏导致业 务开展不及预期的风险。后续公司将根据新业务发展的需要，积极引入具有丰 富经验和快速学习能力的专业技术人才。 随着行业的高速发展及智算业务的实施，公司业务的开展可能需要占用更 多的营运资金，将导致公司未来在发展过程中面临一定的资金压 ...

Group 1 - Beijing plans to promote 119 key projects to private capital with a total investment of approximately 124.4 billion yuan, aiming to attract about 42.9 billion yuan from social capital [1] - Since 2018, Beijing has established a long-term mechanism for promoting key projects to private capital, which has become a key initiative for encouraging private investment [1] - The proposed projects cover various sectors, including 29 in technology innovation, 16 in advanced manufacturing with a total investment of about 5.3 billion yuan, and 7 in urban renewal with a total investment of about 3.3 billion yuan [1] Group 2 - The distribution of projects by region shows that Changping District has the highest number with 19 projects, followed by Shunyi District with 17 projects, and Shijingshan and Tongzhou Districts with 11 projects each [1] - The participation of social capital includes 90 equity investment projects with a total investment of about 106.8 billion yuan, 7 debt investment projects totaling about 6 billion yuan, 4 construction projects totaling about 0.9 billion yuan, and 13 cooperative operation projects totaling about 9.2 billion yuan [1] - The Beijing Development and Reform Commission aims to maintain the total investment for key projects promoted to private capital at no less than 200 billion yuan for the year, facilitating the cooperation between government and social capital [2]

Core Viewpoint - The establishment of Beijing Jingang Shuhai Intelligent Computing Technology Co., Ltd. (Jingang Shuzhi) marks *ST Jingang's official entry into the intelligent computing sector [1][3]. Group 1: Company Developments - *ST Jingang's wholly-owned subsidiary, Shanghai Jingang Glass Fireproof Technology Co., Ltd., has set up Jingang Shuzhi with a registered capital of 10 million yuan, fully subscribed by Shanghai Jingang [3]. - The business scope of Jingang Shuzhi will include cloud computing equipment sales, data processing services, and industrial internet data services [3]. - *ST Jingang has signed a restructuring investment agreement with Shanghai Hongqi Cloud Creation Technology Group, which will inject capital at a price of 6.5 yuan per share [3]. Group 2: Strategic Goals - The company aims to leverage the advantages of its restructuring investor to expand into new business growth areas, particularly in "computing resource services + energy" and infrastructure construction [3]. - The establishment of Jingang Shuzhi is seen as a significant step to seize opportunities in the intelligent computing market, which is expected to become a new revenue growth engine for the company [3][4]. Group 3: Market Context - The intelligent computing sector is a core component of China's "East Data West Computing" strategy, with the country's computing capacity projected to reach 280 EFLOPS by 2024, and intelligent computing expected to account for 32% of this total [3]. - By 2025, China's intelligent computing share is anticipated to rise to 35%, driven by the rapid development of AI technologies [4].

Group 1 - *ST JINGANG is advancing pre-restructuring and restructuring procedures, establishing Beijing Jingang Shuhai Intelligent Computing Technology Co., Ltd. with a registered capital of 10 million yuan to explore the intelligent computing industry [1] - The restructuring investor, Shanghai Hongqi Yunchuang Technology Group Co., Ltd., will leverage its industry advantages to assist the company in expanding new business [1] - Investors should be aware of the risks associated with entering new business areas, including market competition and technological updates, as the company is currently undergoing restructuring [1] Group 2 - Shengxin Lithium Energy plans to repurchase shares worth 400 million to 500 million yuan at a price not exceeding 17.75 yuan per share, demonstrating confidence in its value and commitment to shareholder rights [2] - The company has secured a loan commitment of up to 400 million yuan from the Chengdu branch of Industrial and Commercial Bank of China to support the share repurchase [2] - The share repurchase plan aims to enhance stock value and maintain shareholder interests, while investors should monitor market changes and financial risks during the implementation process [2] Group 3 - Jinlongyu has made progress in the research and development of solid-state batteries and related key materials, with some materials sent for customer evaluation [3] - The company has signed a small procurement order for high-energy-density solid-state battery cells for drones, which is not expected to significantly impact overall profits [3] - Despite having orders, the solid-state battery business has not yet formed a stable long-term revenue stream, indicating limited impact on the company's overall performance [3]

Core Viewpoint - *ST Jinkang (300093) is advancing its pre-restructuring and restructuring procedures to solidify its operational foundation, driven by optimism regarding the development prospects of the intelligent computing power industry [1] Group 1: Company Actions - The company is establishing Beijing Jinkang Shuhai Intelligent Computing Technology Co., Ltd. (referred to as "Jinkang Shuzhi") with a registered capital of 10 million RMB, fully funded by its wholly-owned subsidiary Shanghai Jinkang Glass Fireproof Technology Co., Ltd. [1] - Shanghai Jinkang will contribute 100% of the registered capital for the new venture [1] Group 2: Strategic Partnerships - The restructuring investor, Shanghai Hongqi Yunchuang Technology Group Co., Ltd., will leverage its industry and resource advantages to assist the company in expanding new business areas, relying on its accumulated experience in the computing power sector [1]

Group 1 - The company *ST JINGANG announced the establishment of Beijing JINGANG Shuhai Intelligent Computing Technology Co., Ltd. with a total investment of 10 million yuan from its wholly-owned subsidiary [1] - The registered capital of the new company is also 10 million yuan, with *ST JINGANG committing to 100% of the investment [1] - The investment aims to support the company's pre-restructuring and restructuring processes, strengthening its operational foundation while capitalizing on the promising outlook of the intelligent computing industry [1] Group 2 - The restructuring investor, Shanghai Hongqi Yunchuang Technology Group Co., Ltd., will assist the company in expanding new business opportunities [1]

Core Viewpoint - The event held in Inner Mongolia highlights the region's potential for industrial transfer, focusing on green and innovative development across various sectors, including new energy equipment, new materials, and low-altitude economy [1][2]. Group 1: Industrial Development - Inner Mongolia is leveraging its unique resource endowments, particularly in wind and solar energy, to attract industrial transfer and promote green development [2]. - The establishment of the Inner Mongolia Northern Jiaxuan Technology Co., Ltd. aims to create a production base for rare earth permanent magnet motors, with plans to develop a thousand-unit production line and a research center [3]. - The region is expected to generate an output value exceeding 500 billion yuan in new materials, focusing on green alloy materials and aluminum-based new materials [4]. Group 2: Strategic Location and Infrastructure - Inner Mongolia's geographical advantages include connections to Northeast China, Beijing-Tianjin-Hebei, and international markets through multiple ports, enhancing its role as a strategic hub for economic corridors [5]. - The region is positioned as a key player in the "Belt and Road" initiative, with companies like Jiangsu Jiaxuan utilizing Inner Mongolia as a base for expanding into the Mongolian and Russian markets [5]. Group 3: Policy and Environment - The Inner Mongolia government is committed to optimizing the business environment by introducing new policies and support measures to facilitate industrial development and attract investment [7]. - A significant investment fund has been established to support high-quality industrial development, ensuring that companies can benefit from favorable policies [7]. - Continuous improvements in infrastructure and resource allocation are being implemented to meet the needs of enterprises and enhance their operational efficiency [7].

2025年4月29日，第八届数字中国建设峰会于福州海峡国际会展中心正式开幕，本次会议以"二十五载奋进路数字中国谱新篇——数智引领高质量发展"为主 题，通过论坛、大赛、展示体验等形式生动地向社会各界展示数字中国建设25年来的成果。本届峰会分为四大板块，设置现场体验区，体验互动项目超过 100个，汇集百余台智能机器人产品。作为数字中国建设的践行者，实达集团（600734）携DeepSeek人工智能一体机亮相本次峰会，广受关注。 在会议现场，福建省算力生态联盟正式启动，实达集团迎来战略发展新机遇。依托联盟资源共享机制，实达集团可以实现算力资源的统一调度，大幅提升资 源利用效率。同时，凭借联盟平台，公司也可以联合产学研各方，实现算力技术的研发与创新，支持前沿技术的应用落地，推动算力与各行业的深度融合。 一体机助力企业"零门槛"智能化，数智教育大模型赋能行业转型 深耕智能算力夯实发展根基，借力联盟东风拓宽成长空间 在第八届数字中国建设峰会上，福建省算力生态联盟正式宣告成立，这一举措标志着福建省在响应国家"东数西算"战略部署上迈出关键一步，旨在加速推进 省内算力基础设施建设与产业生态发展，整合优势资源以提升数字经济核心竞 ...