本次增资后目标公司股权结构如下：旗舰股份公司持有出资额63.7亿卢布（折合约5.1亿元人民币）、持 股49%。海安集团与俄罗斯海安合计持有出资额66.3亿卢布（折合约5.3亿元人民币）、合计持股51%， 其中：海安集团与俄罗斯海安合计以现金出资40.3亿卢布（折合约3.22亿元人民币）、占比31%，在该 现金出资中俄罗斯海安持有出资额5100卢布；海安集团非货币形式出资26亿卢布（折合约2.08亿元人民 币）、占比20%。 12月26日，海安集团公告，海安集团及其全资子公司海安俄罗斯有限公司、旗舰股份公司及先锋股份公 司等四方主体于12月26日签署了一份《投资意向协议》，海安集团与旗舰股份公司拟对先锋股份公司增 资，并以先锋股份公司为主体在俄罗斯建设巨型全钢工程机械子午线轮胎工厂，该全钢巨胎工厂预计总 投资规模不超过539.90亿卢布（折合约43.19亿元人民币）。 ...

Core Viewpoint - Hai'an Group, a leading manufacturer of all-steel giant tires, has successfully listed on the Shenzhen Stock Exchange, marking it as the first company from Fujian Province to do so in 2023 [1][3]. Group 1: Company Overview - Hai'an Group was founded in 2005 in Putian, Fujian, and specializes in the research, manufacturing, sales, and management services of giant all-steel radial tires for mining vehicles [3][5]. - The company has developed China's first all-steel radial tire and the world's largest specification all-steel giant tire, earning numerous accolades such as "National High-tech Enterprise" and "Key 'Little Giant' Enterprise" [3][5]. Group 2: Technological Advancements - Since its inception, Hai'an Group has focused on critical technology areas, investing heavily in research and development, and has successfully created over 80 specialized rubber formulations for giant tires [5][6]. - The company holds more than 80 valid patents and has contributed to the formulation of national and industry standards [5][6]. Group 3: Product Range - Hai'an Group has established a comprehensive product matrix covering mining vehicles from 90 tons to 400 tons, leading the domestic production of all-steel giant tires [6].

Core Points - Hai'an Group was listed on the Shenzhen Stock Exchange on November 25, marking a significant milestone in its development [2] - The company has evolved from a fishing village startup to a leading manufacturer in the global tire industry, emphasizing innovation and excellence [2][3] - The local government expresses strong support for Hai'an Group, highlighting its role as a model for private enterprises in the region [2][3] Company Overview - Hai'an Group, established in 2005 and headquartered in Putian City, specializes in the research, manufacturing, sales, and management of mining tires [3] - The company has developed China's first all-steel radial tire and the world's largest all-steel giant tire, achieving a comprehensive product matrix that meets various specifications [3] - It ranks first in domestic sales and fourth globally in the all-steel giant tire segment, showcasing its competitive position in the industry [3] Achievements and Recognition - Hai'an Group has received multiple accolades, including "National High-tech Enterprise" and "Key 'Little Giant' Enterprise" [3] - The company is recognized for its quality and competitiveness, being listed among the top 100 industrial brand competitiveness enterprises in China [3]

Core Viewpoint - The A-share market has welcomed the listing of Hai'an Group on November 25, 2025, bringing the total number of new stocks listed this year to 97, with a significant portion experiencing substantial first-day price increases [1][3][4]. Group 1: New Stock Listings - Hai'an Group's main business includes the research, production, and sales of giant all-steel engineering machinery radial tires and mining tire management [3]. - The company was listed at a price of 48 yuan per share and saw a first-day increase of 74%, closing at 83.52 yuan, resulting in a total market capitalization of 15.53 billion yuan [3]. - As of now, there are four stocks, including the notable Moer Thread, that have completed the subscription process and are awaiting listing [4][5]. Group 2: First-Day Performance - Among the 97 new stocks, 85 stocks (approximately 87.63%) doubled their prices on the first day of trading [6]. - Dapeng Industrial achieved the highest first-day increase, with a price surge of 1211.11%, making it the first stock to reach a tenfold increase on its debut [6][7]. - Other notable first-day performers include Sanxie Electric with a 785.62% increase and Jiangnan New Materials with a 606.83% increase [7]. Group 3: Investment Returns - The highest return from a new stock this year is from Ying Shi Innovation, with a first-day closing price of 177 yuan, yielding a profit of approximately 64,900 yuan for investors [8]. - Moer Thread, with an issue price of 114.28 yuan, is anticipated to generate significant returns, potentially reaching around 118,700 yuan if it performs above the average first-day increase of 207.74% for the year [9]. - The overall trend indicates a strong interest in new stocks, particularly in specific sectors, which may continue in the medium to long term [7].