On the evening of September 3rd, Guolian Securities' asset restructuring proposal was approved; two projects under China Shenhua were approved with a total investment of over 26 billion yuan

I. Restructuring, Equity Transfer

1. Guolian Sec: The major asset restructuring proposal has been approved by the Jiangsu Provincial State-owned Assets Supervision and Administration Commission. The company plans to increase its stake in Minsheng Securities by 99.26% and raise matching funds.

2. Weiling Shares: Shareholder Yang Yongzhu, holding more than 5% of the shares, intends to transfer 5.01% of the company's shares to Bairui Jingou Private Equity.

3. Huadong Heavy Machinery: Shareholders Fenghu Zhuiguang and Hexie Zhicheng intend to transfer 5.01% of the company's shares to Hao Qingmingyu No. 6 Private Equity Fund.

II. Repurchase, Increase Holdings

1. Zenray Technology: The actual controller and chairman of the company proposed to repurchase company shares worth 20-40 million RMB. The repurchased shares are intended to be used for implementing an employee stock ownership plan or equity incentives.

2. Huatong Shares: The controlling shareholder plans to increase its holdings of company shares by no less than 50 million RMB and no more than 100 million RMB.

3. Guangdong Mingzhu: Plans to repurchase company shares for 150 million to 236.5 million RMB.

4. Liangxin Shares: Plans to repurchase company shares for 200 million to 400 million RMB.

5. Yabao Pharmaceutical: Plans to repurchase company shares for 100 million to 150 million RMB for cancellation.

6. Tianjin Port: The indirectly controlling shareholder plans to increase its holdings of company shares by approximately 50 million RMB.

III. Investment Cooperation, Operating Conditions

1. China Shenhua: Subsidiaries Inner Mongolia Xinjietai Gemao Mine Area Xinjie Well No. 1 and Xinjie Well No. 2 projects have obtained approval from the National Development and Reform Commission. The total investment in the Xinjie Well No. 1 project is 13.348 billion RMB, and the total investment in the Xinjie Well No. 2 project is 13.163 billion RMB.

2. Chongqing Port: Wholly-owned subsidiary plans to acquire 68% equity of Sushang Company for 181 million RMB.

3. Shenzhen New Star: Plans to acquire 8,098.9 shares of Hongxin Semiconductor for 10 million RMB.

4. Canaan Intelligence: Won a bid for a 98.3111 million RMB project from State Grid Corporation of China.

5. Xili Technology: Won a bid for an 81.6043 million RMB project from State Grid Corporation of China.

6. Changgao Electric New: Subsidiary won a bid of 233 million RMB from State Grid Corporation of China.

7. Sharp Ais: Obtained the "Drug Registration Certificate" for Diquafosol Sodium Eye Drops.

8. Colindale Electric: The controlling shareholder has changed to Hisense Wanneng, resulting in a state of no actual controller.

9. 7-day 4-board Kaisheng Technology: Revenue generated from ultra-thin flexible glass accounts for less than 3% of total revenue to date.

10. 7 consecutive boards Kesen Technology: The company's foldable screen hinge assembly business has a single customer.

11. 2 consecutive boards Dinglong Technology: The PBO monomer business is still in the market cultivation period, with revenue accounting for less than 5% in the first half of the year.

12. 2 consecutive boards Nandu Power: Solid-state battery production will not be in large-scale production in the short term.

13. Yongqing Environmental Protection: Expected to win the bid for the desulfurization island equipment project of Shanxi Yanchang Petroleum Fuxian Power Plant, with a bid amount of 153 million RMB.

14. Samsung Medical: Won the bid for the "State Grid Corporation of China 2024 64th batch procurement (second round of bidding for marketing project metering equipment procurement)" with a total of 7 packages, with a total bid amount of approximately 143 million RMB, accounting for 1.25% of the company's audited total operating income in 2023

15. Xinda Zhou A: The production at Well No. 1 of Yaxing Branch, Inner Mongolia Yakeshi Wujiu Coal (Group) Co., Ltd., a subsidiary of Xinda Zhou, has been suspended due to a safety incident