东莞发展控股股份有限公司 关联交易管理制度 第一章 总则 第一条 目的 为规范东莞发展控股股份有限公司（以下简称"公司"）关联交易 行为，明确管理职责和分工，确保公司关联交易行为不损害公司和全体 股东的利益，特制订本制度。 第二条 适用范围 本制度适用于本公司、分公司及本公司直接或者间接控制的其他公 司（以下简称"下属公司"）。 第三条 引用标准及关联制度 （一）《中华人民共和国公司法》 （二）《中华人民共和国证券法》 （三）《上市公司治理准则》 （四）《深圳证券交易所股票上市规则》 第四条 专业术语定义 （三）对外投资（含委托理财、对子公司投资等）； （四）提供财务资助（含委托贷款等）； （五）提供担保（含对控股子公司担保等）； （六）租入或者租出资产； （七）委托或者受托管理资产和业务； （八）赠与或者受赠资产； - 2 - 关联交易是指公司及下属公司与公司关联人之间发生的转移资源或 者义务的事项，包括但不限于： （一）购买资产； （二）出售资产； （九）债权或者债务重组； （十）转让或者受让研发项目； （十一）签订许可协议； （十二）放弃权利（含放弃优先购买权、优先认缴出资权利等）； （十三）购买原材料 ...

东莞发展控股股份有限公司 信息披露管理制度 第一章 总则 为加强东莞发展控股股份有限公司（以下简称"公司"） 信息披露事务管理，维护公司、股东、债权人及其他利益相关 方的合法权益，特制订本制度。 第二条 适用范围 本制度适用于本公司、分公司及子公司（以下简称"下属单 位"）。 第三条 引用标准及关联制度 （一）《中华人民共和国公司法》 （二）《中华人民共和国证券法》 （三）《深圳证券交易所股票上市规则》 （四）《上市公司信息披露管理办法》 （五）《上市公司信息披露暂缓与豁免管理规定》 第四条 专业术语定义 第一条 目的 本制度所称"信息"是指所有能对公司证券及其衍生品种 交易价格产生重大影响的信息以及证券监管部门、交易商协会 要求披露的信息；所称"披露"是指，在规定的时间内，在中 国证监会及交易商协会认可的媒体上以规定的方式向社会公众 公布前述信息。 信息披露义务人是指公司及其董事、高级管理人员、股东、 实际控制人，收购人，重大资产重组、再融资、重大交易有关 各方等自然人、单位及其相关人员，破产管理人及其成员，以 及法律、行政法规和中国证监会规定的其他承担信息披露义务 - 2 - 的主体。 第五条 基本原则 ...

证券代码：000828 证券简称：东莞控股 公告编号：2026-001 东莞发展控股股份有限公司 第八届董事会第五十二次会议决议公告 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。 东莞发展控股股份有限公司（以下简称"公司""本公司"）第 八届董事会第五十二次会议通知于 2026 年 2 月 7 日以书面及通讯方 式发出，会议于 2026 年 2 月 11 日在本公司会议室召开。会议应出席 董事 7 名，实际到会董事 7 名，会议主持人为公司董事长李斌峰先生。 会议的召开符合《中华人民共和国公司法》和《公司章程》的规定， 决议合法有效。本次会议作出了如下决议： 一、以同意票 7 票，反对票 0 票，弃权票 0 票，审议通过了《关 于调整公司组织架构的议案》。 2 / 2 为支撑公司战略规划和业务发展，提升运营效率和管理水平，同 意对公司组织架构进行优化调整，具体为：将投资证券部中的证券事 务相关职能分离，新设证券事务部；投资证券部更名为战略投资中心； 增设科技创新部；工程管理部与安全监管部合并为工程安监部；风险 管理部更名为风控法务部。 二、以同意票 7 票， ...

Group 1: Core Insights - Dongguan Holdings (000828) has recently experienced a decrease in the number of shareholders, alongside adjustments in its executive team [1][2] - Key positions such as President, Vice President and CFO, and Board Secretary have undergone changes [1][4] Group 2: Shareholder Information - As of December 31, 2025, the number of shareholders for Dongguan Holdings is reported to be 25,716, reflecting a recent adjustment in shareholder distribution [2] Group 3: Stock Performance - On January 5, 2026, Dongguan Holdings' stock closed at 10.78 yuan, marking a 0.19% increase for the day, with a turnover rate of 0.78% and a trading volume of approximately 86.74 million yuan [3] - As of December 29, 2025, the financing balance was 309 million yuan, while the margin balance was 407,900 yuan [3] Group 4: Executive Changes - In November 2025, the company appointed Li Xuejun as President and Liu Shenghua as Vice President and CFO, while Liu Jiao became the new Board Secretary, following the resignation of Lin Yongsen, who remains a director and Vice President [4] Group 5: Business Operations - For the first half of 2025, the company's revenue primarily came from the transportation auxiliary industry, accounting for 81.86% of total revenue, with other businesses including commercial factoring and electric vehicle charging [5]

Investment Rating - The report maintains an "Overweight" rating for the transportation industry [2] Core Insights - The aviation sector is expected to benefit from the Spring Festival travel peak, leading to a positive outlook for airline stocks. The report highlights a significant increase in flight operations and passenger volumes during this period, indicating a recovery in demand [4][6] - The report emphasizes the potential for oil transportation to rise, driven by geopolitical factors and structural demand growth, suggesting a favorable investment environment in the shipping sector [6][7] Summary by Sections Investment Highlights - The report identifies key investment opportunities in the aviation sector, particularly focusing on major airlines and low-cost carriers that are expected to benefit from rising ticket prices and improved operational performance [4][6] - It also highlights the logistics and express delivery sectors, noting the positive earnings forecast for companies like SF Express, which is capitalizing on the growth of instant delivery services [6] Aviation Data Tracking - Daily flight operations from February 2 to February 6 showed significant increases for major airlines, with Eastern Airlines and Southern Airlines leading the growth [4] - The average aircraft utilization rates also improved, indicating a recovery in operational efficiency across the sector [4] Shipping Data Tracking - The report tracks various shipping indices, noting a mixed performance in container shipping but a positive trend in oil transportation indices, suggesting a potential upturn in the oil shipping market [6][7] - The report recommends focusing on companies in the oil shipping sector due to limited supply and structural demand growth [6][7] Logistics Data Tracking - The report provides data on logistics performance, indicating a substantial increase in express delivery volumes, which is expected to continue benefiting from the growth in e-commerce and instant delivery services [6] - It highlights the importance of addressing industry challenges such as competition and regulatory changes to maintain profitability [6] Company Performance Tracking - The report includes performance metrics for key companies in the aviation and logistics sectors, showcasing their earnings forecasts and operational improvements [4][6] - It emphasizes the strategic positioning of companies like Spring Airlines and China Eastern Airlines, which are expected to leverage their market positions for growth [4][6]

Group 1 - The core point of the article is that Dongguan Holdings reported a total of 26,965 shareholders as of January 30 [2]

Core Viewpoint - The A-share market's liquor sector is experiencing a strong performance, with individual stocks showing a general upward trend as the traditional sales peak season approaches due to the upcoming Spring Festival [1] Group 1: Market Performance - The liquor sector index (BK0477) closed at 48,951.83, with a 1.23% increase, indicating a positive market sentiment [2] - Notable stocks such as Jinhuijiu and Huangtaijiu reached their daily limit, while others like Wuliangye and Moutai also saw significant gains [1][2] Group 2: Seasonal Factors - The upcoming Spring Festival is expected to boost sales in the liquor industry, with Moutai's price showing signs of recovery, providing strong price support for liquor stocks [1][3] - The 2026 Spring Festival is anticipated to have one additional day compared to previous years, which may enhance actual sales performance [1][3] Group 3: Macro Environment - The improvement in macroeconomic policies is seen as a positive factor for the liquor sector, with a focus on boosting domestic demand and real estate [3] - The government plans to implement a strategy for expanding domestic demand from 2026 to 2030, which could benefit the liquor industry [3] Group 4: Investment Sentiment - The allocation of public funds to the liquor sector has decreased to 3.93%, indicating a low historical level that may provide room for recovery [3] - Notable investor Duan Yongping expressed confidence in Moutai's stock price, suggesting it is undervalued from a long-term perspective [3] Group 5: Industry Outlook - Despite some companies facing earnings pressure, the valuation of the liquor sector is at historical lows, which may lead to a recovery ahead of earnings improvement [4] - Analysts believe that the liquor industry, as a barometer of the macro economy, is likely to benefit from government support for real estate and domestic demand [4]

Group 1 - The A-share market's liquor sector showed strong performance with a broad increase in individual stocks, including Jinhuijiu and Huangtaijiu reaching the daily limit, indicating a significant recovery in market sentiment [1] - The upcoming Spring Festival is expected to boost sales in the liquor industry, with Moutai's price showing signs of recovery, providing strong price support for liquor stocks [1][3] - Citic Securities predicts that the liquor industry will focus on market cultivation and consumer education, which will promote sales and reduce burdens for distributors during the Spring Festival [1][3] Group 2 - The macro policy environment is improving, which is beneficial for the liquor sector, as it is a typical cyclical industry influenced by domestic demand and real estate conditions [3] - Public fund holdings in the liquor sector have dropped to 3.93% by the end of 2025, indicating a low allocation that provides ample room for capital recovery in the current rebound [3] - Notable investor Duan Yongping expressed confidence in Moutai's stock price, suggesting it is undervalued from a long-term perspective and plans to increase his holdings [3] Group 3 - Despite some companies in the liquor sector facing earnings pressure, the valuation repair may precede earnings recovery, as the sector has adjusted for about five years [4] - The current market sentiment is pessimistic, but stock prices may lead the fundamentals in finding a bottom [4] - Analysts believe that the liquor industry, as a barometer of the macro economy, is likely to benefit from strong support for real estate and domestic demand, presenting long-term investment opportunities in leading companies [4]

Core Viewpoint - The A-share liquor sector experienced a significant surge, with the liquor ETF rising by 10.08% and the China Securities Liquor Index increasing by 9.79% on January 29, driven by macroeconomic expectations and seasonal factors related to the upcoming Spring Festival [1][2]. Group 1: Market Performance - 20 liquor companies saw stock price increases, with 18 reaching the daily limit, including notable gains from Kweichow Moutai (8.61% increase) and others like Jinzhongzi Liquor and Huangtai Liquor, both around 10% [1][2]. - The wholesale price of Feitian Moutai has been rising, surpassing 1600 yuan, indicating a market recovery signal as the product remains sold out on official platforms [3]. Group 2: Expert Insights - Experts attribute the price increase to a combination of Moutai's proactive price control and seasonal demand, suggesting that the liquor sector is a target for capital investment due to its cyclical nature [4]. - The overall industry is under pressure, with several companies forecasting significant declines in net profit, indicating a challenging competitive landscape and increased inventory issues [4]. Group 3: Future Outlook - Analysts suggest that the proactive inventory adjustments by liquor manufacturers and the stabilization of high-end liquor prices could lead to a healthier market development [5]. - The upcoming Spring Festival is expected to boost demand, with the liquor sector seen as a value opportunity for investors, despite the need for cautious optimism regarding long-term trends [5].

Core Viewpoint - Dongguan Holdings (000828) is currently upgrading the Guanshen Expressway to enhance traffic capacity and efficiency, with a focus on minimizing disruption to traffic flow [1] Group 1: Project Details - The main line of the Guanshen Expressway is currently operating under a dual six-lane standard, with the expansion project advancing to a dual ten-lane standard, and some sections will adopt a dual twelve-lane standard [1] - The construction of the upgrade began in 2022 and is expected to be completed by the end of 2028 [1] Group 2: Construction Approach - The project prioritizes minimizing interference with traffic flow, focusing construction efforts on peripheral sections [1] - During the construction period, only temporary closures of specific stations, such as Dongguan Station and Management Center Station, have occurred, without implementing unilateral closures on the main line [1]