国元证券股份有限公司 关于 中达安股份有限公司 之 二〇二五年八月 声明 国元证券股份有限公司（以下简称"国元证券""保荐机构""本保荐机构" 或"保荐人"）接受中达安股份有限公司（以下简称"中达安""发行人"或 "公司"）的委托，担任中达安 2025 年度向特定对象发行 A 股股票的保荐机构。 保荐机构和保荐代表人已根据《中华人民共和国公司法》（以下简称"《公 司法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、《证券 发行上市保荐业务管理办法》 《上市公司证券发行注册管理办法》 上市保荐书 保荐人（主承销商） （安徽省合肥市梅山路 18 号） 六、保荐机构关于发行人是否已就本次证券发行上市履行了《公司法》《证券法》 一、发行人基本情况 （一）发行人概况 公司全称 中达安股份有限公司 英文名称 SinoDaan Co., Ltd. 股票简称 中达安 股票代码 300635.SZ 股票上市地 深圳证券交易所 成立日期 2000 年 8 月 8 日 上市时间 2017 年 3 月 31 日 注册地址 广州市白云区沙太南路 668 号之二 901-903 房 法定代表人 陈天宝 注册资本 14,013 ...

消息面上，广咨国际于8月20日晚间发布多则公告。公司聘任闻穗华女士为证券事务代表，第四届董事 会第一次会议选举产生了新一届董事长，同时临时股东会审议通过了取消监事会等多项议案。 风险提示：市场有风险，投资需谨慎。 来源：金融界 截至2025年8月20日收盘，广咨国际股价报19.05元，较前一交易日上涨0.47%。当日成交量为21915手， 成交金额达0.42亿元，总市值32.45亿元。 广咨国际是一家从事工程咨询服务的企业，业务涵盖多个领域。公司注册地在广东省，具有央国企改革 背景。 ...

Core Viewpoint - The company, 招标股份, has shown a slight increase in stock price, reflecting ongoing market activity and internal changes within the board of directors [1] Company Summary - The latest stock price of 招标股份 is 12.67 yuan, up by 0.17 yuan from the previous trading day, with a trading volume of 42,458 hands and a transaction amount of 0.54 billion yuan [1] - The company primarily operates in the engineering consulting services sector, with 99.72% of its revenue derived from the service industry [1] - The total market capitalization of the company is 34.87 billion yuan, with the same amount for circulating market capitalization [1] Management Changes - The company announced the resignation of non-independent director 何宗延 due to work relocation, and the board has nominated 俞翔 as the new non-independent director candidate [1] - Additionally, the company's director and general manager 吴明禧 plans to reduce his holdings by up to 52,500 shares, while the financial director 林力 intends to reduce his holdings by up to 50,000 shares [1] - The third session of the 18th board meeting was held on August 14 [1] Capital Flow - On August 15, the main capital outflow was 806,400 yuan, with a cumulative net outflow of 46.96 million yuan over the past five trading days [1]

Core Insights - Shanghai JianKe Consulting Group Co., Ltd. reported a revenue of 1.935 billion yuan for the first half of 2025, reflecting a year-on-year growth of 0.60% [1] - The net profit attributable to shareholders reached 23.76 million yuan, marking a significant increase of 48.57% compared to the previous year [1] Business Performance - The core business segment, engineering consulting services, generated 1.108 billion yuan in revenue, accounting for 57.37% of total revenue [1] - The testing and technical services segment achieved a revenue of 603 million yuan, representing 31.19% of total revenue [2] - Environmental low-carbon technology services contributed 160 million yuan, making up 8.27% of total revenue [2] - Special engineering and product sales generated 52.66 million yuan, accounting for 2.73% of total revenue [2] Strategic Developments - The company successfully completed a merger with Shanghai Investment Consulting Group Co., Ltd., enhancing performance evaluation and distribution mechanisms, and optimizing management costs [2] - This strategic integration is expected to facilitate future business collaboration and value release [2] Market Expansion - In response to a challenging market environment, the company intensified its market penetration efforts, engaging with government departments and key enterprises [3] - The company made significant strides in the North China and Xiong'an regions and established subsidiaries in Guangdong and Hubei to strengthen its presence in the South China market [3]

Core Viewpoint - Shanghai JianKe's stock price decreased by 3.63% to 18.56 yuan as of August 14, 2025, with a trading volume of 71,457 hands and a transaction amount of 135 million yuan [1] Company Summary - Shanghai JianKe primarily engages in engineering consulting services, classified under the professional technical service industry, with 99.85% of its revenue derived from professional technical services as reported in the 2024 annual financial report [1] - The company reported a revenue of 1.935 billion yuan for the first half of 2025, reflecting a year-on-year growth of 0.6%, while the net profit attributable to shareholders reached 23.76 million yuan, marking a significant increase of 48.57% [1] - On the same day, the company held its second board meeting to review and approve the half-year report and other proposals [1] Financial Flow - On August 14, the main capital outflow amounted to 21.71 million yuan, with a cumulative net outflow of 24.23 million yuan over the past five days [1]

Core Viewpoint - The company focuses on engineering consulting services and emphasizes the integration of new technologies such as the Internet, IoT, and big data into traditional engineering consulting practices [2]. Group 1 - The company has been dedicated to the engineering consulting business for several decades [2]. - The company aims to innovate traditional engineering consulting services by leveraging new technologies [2]. - The integration of traditional business with new technologies is a key strategy for the company [2].

Core Viewpoint - The Beijing Stock Exchange has approved the IPO of Zhuhai Nante Technology Co., Ltd., highlighting concerns regarding the sustainability and authenticity of its financial performance, as well as the necessity of its fundraising projects [1]. Group 1: IPO Approval and Fundraising - Nante Technology's IPO aims to raise 286 million yuan, with funds allocated for the Anhui Chutian high-end precision parts production base phase II project and the Zhuhai Nante machine tool expansion and R&D enhancement project [2]. - The company reduced its fundraising target from 420 million yuan to 286 million yuan, a decrease of over 30%, and removed the supplementary working capital project from its proposal [2][4]. - The company’s IPO approval follows a trend where other companies, like Zhongcheng Consulting, also reduced their fundraising amounts significantly during the review process [4]. Group 2: Financial Performance - Nante Technology has shown a growth trend in revenue, increasing from 834 million yuan in 2022 to 1.031 billion yuan in 2024, with net profit rising from 46.64 million yuan to 98.21 million yuan during the same period [5]. - The company heavily relies on a few major clients, with the top five customers accounting for 89.20%, 86.35%, and 87.78% of total revenue in the respective years [5][6]. - Approximately half of Nante Technology's revenue comes from Midea Group, while about one-third is derived from Gree Electric Appliances, indicating a high customer concentration risk [6][7].

Group 1 - The stock price of Huajian Group is reported at 13.26 yuan, down 3.21% from the previous trading day, with a trading range of 8.03% [1] - The stock reached a high of 14.26 yuan and a low of 13.16 yuan during the trading session, with a total trading volume of 1.27 million hands and a transaction amount of 1.748 billion yuan [1] - The company primarily engages in engineering consulting services, covering areas such as architectural design, urban planning, and project supervision, and is a significant player in the Shanghai construction service sector [1] Group 2 - The net outflow of main funds on that day was 205 million yuan, with a cumulative net outflow of 150 million yuan over the past five trading days [1] - The stock exhibited alternating patterns of rapid pullbacks and rebounds during the trading period, indicating significant market divergence [1]

Group 1 - The actual controllers of Zhongcheng Consulting are Lu Jun and Xu Xuele, with Xu holding 86.98% of the shares, while Lu holds none [1] - Zhongcheng Consulting was founded in 2002 and underwent several changes, becoming a joint-stock company in 2016 and listing on the New Third Board [1] - Lu Jun was appointed as general manager and later as chairman within a month of joining the company in 2019 [1] Group 2 - Prior to the IPO, Zhongcheng Consulting identified Lu Jun as one of the actual controllers, violating disclosure regulations and receiving a warning from the Jiangsu Securities Regulatory Bureau [3] - Lu Jun has a significant background, having held key positions in companies under Suzhou High-tech (600736.SH), which is also Zhongcheng Consulting's largest client [3] - Suzhou High-tech Group has been a major client for years, contributing significantly to Zhongcheng Consulting's revenue [3] Group 3 - The initial fundraising plan for the IPO included projects for network construction, R&D, and business expansion, but the updated prospectus removed funding for working capital and EPC business expansion [4] - Zhongcheng Consulting distributed dividends totaling 55.4286 million yuan in 2022 and 2023, with most going to Xu Xuele [4] - The company is facing declining performance, with new orders significantly reduced and both revenue and net profit showing year-on-year declines [4] Group 4 - Despite recent revenue and profit growth, Zhongcheng Consulting faces challenges such as high concentration of business in Jiangsu Province, limiting national expansion [5] - The increasing accounts receivable, which constitute a high proportion of revenue, is putting pressure on the company's cash flow [5] - The company has raised funds multiple times before the IPO to supplement cash flow, raising questions about its financial health [5]

Group 1: Macro Strategy and Market Overview - The upcoming third round of trade talks between China and the US is expected to focus on energy and rare earth materials, with potential extensions of negotiation deadlines [2] - A-shares saw slight increases across major indices, with the CSI 500 and ChiNext rising by 3.28% and 2.76% respectively [2] - The central bank's net fund injection was 109.5 billion yuan, indicating a slight rebound in short-term interest rates [2] - The US dollar index showed a slight decline, closing at 97.67, down 0.8% week-on-week, while the RMB appreciated by 0.18% [2] Group 2: Fixed Income and Debt Market - The Southbound Bond Connect is expected to facilitate investment in Chinese dollar bonds, with a focus on city investment bonds benefiting from local debt policies [4] - The Hong Kong bond market has a total outstanding amount of 19.55 billion USD in HKD bonds and 17.32 billion USD in offshore RMB bonds [4] - The outlook for Chinese dollar bonds remains positive, with expected continued good returns due to narrowing yield spreads and favorable policies [4][33] Group 3: Coal Industry Insights - Domestic coal social inventory decreased in June 2025, leading to a rebound in coal prices, with expectations for port prices to reach 700-750 yuan per ton [9] - The government aims for coal production to reach approximately 4.8 billion tons in 2025, with potential adjustments in production capacity to ensure supply [9] Group 4: Company-Specific Analysis - Wei Shi Jia Jie (00856) is expected to benefit significantly from the AI and cross-border payment sectors, with projected revenue growth from 63.7 billion yuan in 2020 to 81.1 billion yuan in 2024 [11] - The company is positioned to capture growth in the Southeast Asian ICT market, which is projected to reach approximately 415 billion USD by 2028 [11] - The company anticipates a significant increase in net profit from 830 million yuan in 2023 to 958 million yuan in 2024, reflecting a growth rate of 14.09% [11][15] Group 5: Construction and Materials Sector - Su Jiao Ke (300284) reported a revenue decline of 13.75% in H1 2025, but is transitioning towards becoming a "think tank technology enterprise" with a focus on new business areas [16] - The company has developed five cloud platforms aimed at enhancing its service offerings in urban safety and low-altitude economy [16] Group 6: Chemical Industry Trends - The proportion of public funds holding basic chemical stocks has slightly decreased, with a shift towards mid-cap stocks [15] - The chemical sector has seen a notable increase in the holding ratio of leading stocks, indicating a preference for smaller-cap stocks [15]