证券代码：603303 证券简称：得邦照明 公告编号：2026-013 横店集团得邦照明股份有限公司 2026年第一次临时股东会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 89 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 377,702,929 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 80.7645 | 二、 议案审议情况 审议结果：通过 根据法律、法规、规章和规范性文件对上市公司回购股份事宜的相关规定， 上市公司回购专用账户中的股份不享有股东会表决权，公司现有总股本 476,944,575 股，截至本次股东会股权登记日，公司累计通过股票回购专用证券 账户以集中竞价交易方式回购公司股份 9,285,538 股，故公司表决权股份总数为 (一) 股东会召开的时间：2026 年 2 月 27 日 (二) 股东会 ...

北京市朝阳区建外大街丁 12 号英皇集团中心 8、9、11 层 8/9/11/F, Emperor Group Centre, No.12D, Jianwai Avenue, Chaoyang District, Beijing, 100022, P.R.China 电话/Tel.:010-50867666 传真/Fax:010-56916450 网址/Website:www.kangdalawyers.com 北京 西安 深圳 海口 上海 广州 杭州 沈阳 南京 天津 菏泽 成都 苏州 呼和浩特 香港 武汉 郑州 长沙 厦门 重庆 合肥 宁波 济南 昆明 南昌 北京市康达律师事务所 关于横店集团得邦照明股份有限公司 2026 年第一次临时股东会的法律意见书 康达股会字[2026]第 0037 号 致：横店集团得邦照明股份有限公司 北京市康达律师事务所（以下简称"本所"）接受横店集团得邦照明股份有 限公司（以下简称"公司"）的委托，指派本所律师参加公司 2026 年第一次临时 股东会（以下简称"本次会议"）。 本所律师根据《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 ...

Core Viewpoint - The acquisition plan by Debang Lighting to purchase a loss-making company, Jiali Co., has attracted regulatory scrutiny due to the high premium and the financial performance of the target company [1] Group 1: Acquisition Details - Debang Lighting plans to acquire 67.48% of Jiali Co. for approximately 1.454 billion yuan, through a combination of purchasing existing shares and subscribing to a private placement of new shares [2] - The valuation of the transaction is approximately 1.462 billion yuan based on the old share transfer, while the asset-based valuation is 1.401 billion yuan, both significantly higher than Jiali Co.'s market value on the New Third Board [2] - Debang Lighting justified the higher valuation by stating that the stock's low liquidity made market prices unrepresentative, and the valuation was based on asset assessment and negotiation [2] Group 2: Financial Performance Concerns - Jiali Co. has faced declining performance, with a net loss of 13.2374 million yuan from January to August 2025, and a significant drop in gross margin from 15.38% in 2024 to 9.71% [4] - The decline in performance is attributed to increased competition in the automotive industry, leading to significant price reductions from clients, which Jiali Co. could not effectively pass on to upstream costs [5] - Two significant one-off adverse factors impacted profits: large impairment losses due to issues with clients and the reclassification of previously capitalized IPO preparation costs as expenses, affecting net profit by 27.1749 million yuan [5] Group 3: Future Plans and Integration - After the acquisition, Debang Lighting plans to position Jiali Co. as the sole platform for automotive lighting assembly, focusing on product collaboration, business expansion, and management integration [5] - The companies aim to reduce procurement costs through combined purchasing needs and leverage each other's customer channels to expand into domestic and international markets [5] - Debang Lighting will also provide financial support to alleviate Jiali Co.'s funding pressures and support its future development [5]

Group 1 - The core point of the news is that Debang Lighting plans to acquire 67.48% of Jia Li Co., a company listed on the New Third Board, for approximately 1.454 billion yuan, which has raised regulatory concerns due to the transaction premium and the target company's losses [1] - On February 12, the company responded to the Shanghai Stock Exchange's inquiry, explaining the fairness of the pricing, stating that Jia Li Co. has insufficient liquidity on the New Third Board (average turnover rate of 0.28%), and the transaction pricing is based on an asset-based valuation of 1.401 billion yuan [1] - The company announced on the same day that it received a decision from the State Administration for Market Regulation indicating that no further antitrust review will be conducted, marking a key progress in the transaction [1] Group 2 - In the recent stock performance from February 6 to February 12, 2026, Debang Lighting's stock price fluctuated by 4.34%, with an amplitude of 7.52%. On February 10, the stock price significantly increased, closing at 15.24 yuan, with a single-day change of 3.25% and a trading volume of 3.6015 million shares (turnover rate of 0.76%) [2] - On February 12, the latest closing price was 15.13 yuan, with a single-day change of 0.73%. The capital flow indicated a negative net inflow of 1.0539 million yuan on February 10, which turned positive with an inflow of 0.7052 million yuan on February 11, showing that market trading activity is closely related to the progress of the acquisition [2] Group 3 - As of February 12, 2026, institutional views on Debang Lighting show general market attention, with neutral sentiment dominating at 100% in institutional ratings. Profit forecasts indicate a projected net profit decline of 17.36% for 2025, but a rebound is expected in 2026 with an 18.12% year-on-year growth [3] - There have been no new research reports recently, and institutions are observing the potential synergistic effects post-acquisition [3]

Core Viewpoint - The acquisition plan by Debang Lighting to purchase a loss-making company has attracted regulatory scrutiny due to the premium price and the financial status of the target company [1] Group 1: Acquisition Details - Debang Lighting announced plans to acquire 67.48% of Jiali Co., a company listed on the New Third Board, for approximately 1.454 billion yuan [1] - The transaction price is significantly higher than Jiali Co.'s market value, raising concerns about the fairness of the pricing and the asset condition [1][2] - Debang Lighting justified the premium by stating that the stock's low liquidity made market prices unrepresentative, and the valuation was based on asset assessment [2] Group 2: Financial Performance and Concerns - Jiali Co. has faced declining performance, with a net loss of 13.24 million yuan from January to August 2025, and a drop in gross margin from 15.38% in 2024 to 9.71% [3][4] - The decline in profitability is attributed to increased competition in the automotive industry, significant price reductions from clients, and unexpected asset impairment losses [4][5] - Debang Lighting plans to position Jiali Co. as the sole platform for automotive lighting business post-acquisition, aiming for synergies in product development and cost management [5]

Core Viewpoint - The company has responded to the Shanghai Stock Exchange's inquiry regarding its major asset restructuring plan, emphasizing the fairness of the transaction pricing, the asset status, profit prospects, and integration plans for the target company, Jiali Co., Ltd [1] Pricing Rationality - The transaction uses the asset-based valuation method, with Jiali Co., Ltd's total equity value assessed at 1.401 billion yuan, representing an increase of 441 million yuan, or 45.92% over the book net asset value. The company will pay 654 million yuan for a 44.72% stake, corresponding to a valuation of 1.462 billion yuan [2] - The company explained that the pricing is justified despite being higher than Jiali Co., Ltd's market value on the New Third Board, as trading was infrequent and did not reflect the company's true value. The assessment considered liquidity discounts, making the asset-based method a more objective reflection of the company's overall value [2] - After the transaction, the company will hold 67.48% of Jiali Co., Ltd, with a total payment of 1.454 billion yuan, leading to an overall valuation of 2.219 billion yuan, which is at a 2.98% discount to the assessed value, indicating fair pricing [2] Financial Investor Buyback Agreement - The company disclosed details of buyback agreements between financial investors and Jiali Co., Ltd's actual controllers, stating that the buyback obligations rest solely with the controllers, not with Jiali Co., Ltd, complying with regulatory requirements [3] - For instance, a buyback agreement with a green fund stipulates that if Jiali Co., Ltd does not submit a listing application by December 31, 2025, the actual controller must repurchase shares at "investment cost + 6%-8% annual interest" [3] Fixed Assets and Construction Projects - Jiali Co., Ltd reported fixed assets of approximately 1 billion yuan and construction projects of about 219 million yuan, with a capacity utilization rate maintained between 70%-80% in 2025, indicating no impairment risk [4] - The valuation agency noted that the increase in fixed assets is due to the aging of buildings and rising construction costs, with no impairment observed in equipment assets [4] Accounts Receivable and Inventory - As of August 2025, Jiali Co., Ltd had accounts receivable of 1.136 billion yuan, with a bad debt provision ratio of 6.58%, and inventory of 461 million yuan, with a write-down provision ratio of 10.72%, higher than industry averages [5] - The overdue accounts receivable ratio decreased from 53.92% in 2023 to 28.98% by August 2025, with a post-period collection rate of 94.57%, indicating good credit status with major clients [5] Integration Planning - The company plans to enhance profitability through five integration strategies: procurement synergy to reduce raw material costs, shared customer resources to expand markets, technology integration for smart lighting products, financial synergy to optimize financing structures, and management output to improve operational efficiency [6][7] - The goal is to establish Jiali Co., Ltd as the sole platform for automotive lighting assembly, achieving a full-chain layout from components to end products [7] Independent Verification - Independent financial advisors, accountants, and valuation agencies have confirmed the fairness of the transaction pricing, adequacy of asset impairment provisions, and significant synergy effects post-acquisition, ensuring no harm to the interests of the listed company and minority shareholders [7]

横店集团得邦照明股份有限公司（以下简称"公司"）拟以支付现金的方式 向黄玉琦、黄璜、丽水市绿色产业发展基金有限公司、广州工控国发三号产业投 资合伙企业（有限合伙）等 15 名交易对方协议受让其所持有的浙江嘉利（丽水） 工业股份有限公司（以下简称"目标公司"或"嘉利股份"）6,091.71 万股股份， 转让对价合计为 65,375.10 万元；同时公司拟以现金认购嘉利股份新增股份 10,000 万股，认购新增股份部分金额为 80,000.00 万元（以下合称"本次交易"）。 本次交易完成后，公司将持有嘉利股份 16,091.71 万股股份，占本次交易完成后 嘉利股份总股本的 67.48%，嘉利股份将成为公司的控股子公司。 近日，公司收到国家市场监督管理总局出具的《经营者集中反垄断审查不实 施进一步审查决定书》（反执二审查决定〔2026〕98 号）。具体内容如下： "根据《中华人民共和国反垄断法》第三十条规定，经初步审查，现决定， 对横店集团得邦照明股份有限公司收购浙江嘉利（丽水）工业股份有限公司部分 股权案不实施进一步审查。你公司从即日起可以实施集中。该案涉及经营者集中 反垄断审查之外的其他事项，依据相关法律办 ...

证券代码：603303 证券简称：得邦照明 公告编号：2026-011 横店集团得邦照明股份有限公司 关于本次重组相关主体买卖股票情况的自查报告的 公告 横店集团得邦照明股份有限公司（以下简称"得邦照明"、"上市公司"或 "公司"）拟以现金受让部分老股及现金认购部分新增股份的方式收购浙江嘉利 （丽水）工业股份有限公司（以下简称"标的公司"或"嘉利股份"）67.48% 的股份（以下简称"本次交易"）。根据中国证监会《监管规则适用指引—上市 类第1号》和上海证券交易所相关规定及要求，公司对本次交易相关内幕信息知 情人二级市场买卖上市公司股票的情况进行了核查，具体如下： 一、本次交易的内幕信息知情人自查期间 本次交易的内幕信息知情人买卖上市公司股票的自查期间为上市公司首次 披露重组事项（2025年8月28日）前六个月至《横店集团得邦照明股份有限公司 重大资产购买报告书（草案）》披露前一日，即自2025年2月28日起至2026年1 月12日的期间（以下简称"自查期间"）。 二、本次交易的内幕信息知情人自查范围 （一）上市公司及其董事、时任监事、高级管理人员及相关知情人员； （二）交易对方及其控股股东、实际控制人、董事 ...

证券代码：603303 证券简称：得邦照明 上市地点：上海证券交易所 横店集团得邦照明股份有限公司 重大资产购买报告书（草案） 修订稿 | 项目 | 老股转让交易对方 | 嘉利股份 定向发行共同认购方 | | --- | --- | --- | | | 黄玉琦、黄璜、丽水市绿色产业发展基金有限公司、广州工 | | | | 控国发三号产业投资合伙企业（有限合伙）、杭州金浛投资 | | | | 合伙企业（有限合伙）、广东广祺瑞高股权投资合伙企业 | 丽水光合企业管理合 | | 重大 | （有限合伙）、苏州卓璞永赢创业投资合伙企业（有限合 | 伙企业 （ 有限合 | | 资产 | 伙）、舟山浙科东港创业投资合伙企业（有限合伙）、杭州 | 伙）、丽水嘉融企业 | | 购买 | 萧山新兴股权投资合伙企业（有限合伙）、东莞嘉泰共赢创 | 管理合伙企业（有限 | | | 业投资合伙企业（有限合伙）、新余瑞裕股权投资中心（有 | 合伙） | | | 限合伙）、丽水丽湖企业管理有限公司、深圳洲宇投资合伙 | | | | 企业（有限合伙）、丽水市南平革基布有限公司、张笑雪 | | 独立财务顾问 二〇二六年二月 横店集团得邦照明股 ...

证券代码：603303 证券简称：得邦照明 上市地点：上海证券交易所 横店集团得邦照明股份有限公司 重大资产购买报告书（草案）摘要 （修订稿） | 项目 | 老股转让交易对方 | 嘉利股份 定向发行共同认购方 | | --- | --- | --- | | | 黄玉琦、黄璜、丽水市绿色产业发展基金有限公司、广州工 | | | | 控国发三号产业投资合伙企业（有限合伙）、杭州金浛投资 | | | | 合伙企业（有限合伙）、广东广祺瑞高股权投资合伙企业 | 丽水光合企业管理合 | | 重大 | （有限合伙）、苏州卓璞永赢创业投资合伙企业（有限合 | 伙企业 （ 有限合 | | 资产 | 伙）、舟山浙科东港创业投资合伙企业（有限合伙）、杭州 | 伙）、丽水嘉融企业 | | 购买 | 萧山新兴股权投资合伙企业（有限合伙）、东莞嘉泰共赢创 | 管理合伙企业（有限 | | | 业投资合伙企业（有限合伙）、新余瑞裕股权投资中心（有 | 合伙） | | | 限合伙）、丽水丽湖企业管理有限公司、深圳洲宇投资合伙 | | | | 企业（有限合伙）、丽水市南平革基布有限公司、张笑雪 | | 独立财务顾问 二〇二六年二月 横店集团得 ...