Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
Danyang Shunjing Intelligent Technology Co., Ltd. 2025 Annual Shareholders' Meeting Resolution Announcement
Log in to the Sina Finance APP and search for [Information Disclosure] to see more evaluation levels.
Stock Code: 603007 Stock Short Name: *ST Huawang Announcement Number: 2026-031
Danyang Shunjing Intelligent Technology Co., Ltd.
Announcement of the 2025 Annual General Meeting of Shareholders Resolution
The board of directors and all directors of the company guarantee that there are no false records, misleading statements, or material omissions in the content of this announcement, and they shall bear legal responsibility for the truthfulness, accuracy, and completeness of its content.
Important Content Reminder:
● Whether there are any resolutions rejected at this meeting: No
I. Meeting Convening and Attendance
(1) Time of the shareholder meeting: March 26, 2026
(2) Location of the shareholder meeting: Conference Room 2, 2nd Floor, Building 5, Shishan Chuangzhi Center, No. 54 Xiangyang Road, Shishan Heng Tang Street, Huqiu District, Suzhou City, Jiangsu Province
(3) Ordinary shareholders and preferred shareholders with restored voting rights attending the meeting and their shareholding situation:
■
(4) Whether the voting method complies with the provisions of the Company Law and the Articles of Association, and the status of the meeting host, etc.
The shareholder meeting was convened by the board of directors of the company, and chaired by Ms. Yu Yajun, with voting conducted through a combination of on-site voting and online voting. The convening of the meeting and the voting method comply with the relevant provisions of the Company Law of the People’s Republic of China and the Articles of Association of Danyang Shunjing Intelligent Technology Co., Ltd., making the meeting legal and valid.
(5) Attendance of the company’s directors and board secretary
There were 7 serving directors in the company, all 7 attended, with independent director Mr. Huang Qiang attending the meeting via communication;
Board secretary Mr. Luo Xianhui attended this meeting; other senior management personnel also attended this meeting.
II. Proposal Review Situation
(1) Non-cumulative voting proposals
Review Result: Approved
Voting Situation:
■
Review Result: Approved
Voting Situation:
■
Review Result: Approved
Voting Situation:
■
Review Result: Approved
Voting Situation:
■
Review Result: Approved
Voting Situation:
■
Review Result: Approved
Voting Situation:
■
Review Result: Approved
Voting Situation:
■
Review Result: Approved
Voting Situation:
■
Review Result: Approved
Voting Situation:
■
Review Result: Approved
Voting Situation:
■
(2) Cash Dividend Voting Situation
■
(3) Voting Situation of Shareholders below 5% on Major Matters
■
(4) Explanation of the Proposal Voting Situation
Proposals 1-10 were approved by the shareholders and shareholder agents present at the meeting.
III. Lawyer Verification Situation
(1) Law firm witnessing this shareholder meeting: Beijing Jindu (Hangzhou) Law Firm
Lawyers: Lawyer Li Zhenjiang, Lawyer Xu Ke
(2) Lawyer Verification Conclusion Opinion:
The convening and procedural processes of this shareholder meeting comply with the provisions of the Company Law, Securities Law, and other relevant laws and regulations, the rules of the shareholder meeting, and the Articles of Association; the qualifications of the attendees and the convener of this shareholder meeting are legal and valid; the voting procedures and results of this shareholder meeting are legal and valid.
This is a special announcement.
Board of Directors of Danyang Shunjing Intelligent Technology Co., Ltd.
March 27, 2026
● Online Announcement Document
Legal opinion letter signed and stamped by the director of the verified law firm
Stock Code: 603007 Stock Short Name: *ST Huawang Announcement Number: 2026-033
Danyang Shunjing Intelligent Technology Co., Ltd.
Announcement on the Progress of the Company’s Application to Revoke the Risk Warning for Delisting of Its Stock and Other Risk Warnings
The board of directors and all directors of the company guarantee that there are no false records, misleading statements, or material omissions in the content of this announcement, and they shall bear legal responsibility for the truthfulness, accuracy, and completeness of its content.
Important Content Reminder:
● Danyang Shunjing Intelligent Technology Co., Ltd. (hereinafter referred to as the “Company”) conducted a self-examination against the situations listed in Article 9.3.2 and Article 9.8.1 of the Shanghai Stock Exchange Stock Listing Rules (hereinafter referred to as the “Listing Rules”), confirming that the company’s stock has met the conditions for revocation of the delisting risk warning and other risk warnings as stipulated in Article 9.3.7 and Article 9.8.7 of the Listing Rules. The company has submitted an application to the Shanghai Stock Exchange for the revocation of the delisting risk warning and other risk warnings according to relevant regulations.
● According to the provisions of Article 9.1.11 of the Listing Rules, as of the date of this announcement, the company’s application for the revocation of the delisting risk warning and other risk warnings is in the supplementary materials stage, and the supplementary materials period is not counted in the time limit for the Shanghai Stock Exchange to make relevant decisions.
I. Relevant Situation of the Company’s Stock Being Implemented with Delisting Risk Warning and Other Risk Warnings
(1) Situation of the Company’s Stock Being Implemented with Delisting Risk Warning
The company disclosed the “Announcement on the Implementation of Delisting Risk Warning and Temporary Suspension of Trading” (Announcement Number: 2025-062) on the Shanghai Stock Exchange website (www.sse.com.cn) on April 30, 2025, due to the company’s total profit, net profit, and net profit after deducting non-recurring gains and losses for the year 2024 being negative, and the operating revenue after deducting income unrelated to the main business and income without commercial substance being less than 300 million yuan. This triggered the financial delisting risk warning situation stipulated in the first item of the first paragraph of Article 9.3.2 of the Listing Rules, and the company’s stock was implemented with a delisting risk warning starting from May 6, 2025.
(2) Situation of the Company’s Stock Being Implemented with Other Risk Warnings
Due to the non-operating fund occupation by the original controlling shareholder Huawang International Construction Group Co., Ltd. and its subsidiary Danyang Wangfu Hotel Co., Ltd. (hereinafter referred to as “Huawang Group and related parties”), the company’s stock has been subject to other risk warnings since May 6, 2021. As of April 30, 2024, the principal and interest balance of non-operating fund occupation was 95.9896 million yuan. In the year 2023, due to the aforementioned non-operating fund occupation and the temporary supplement of working capital with raised funds not being repaid in time, the company received a negative internal control audit report from Suya Jin Cheng Accounting Firm (Special General Partnership). At the same time, in the 2023 fiscal year, the company also faced the situation of “the lower of the net profits before and after deducting non-recurring gains and losses being negative for the last three consecutive accounting years, and the audit report of the financial accounting report for the most recent accounting year indicating that there is uncertainty about the company’s ability to continue as a going concern,” resulting in the stock being subject to additional risk warnings starting from April 30, 2024. Specific details can be found in the “Announcement on the Company’s Stock Being Subject to Additional Risk Warnings” (Announcement Number: 2024-034) disclosed on the Shanghai Stock Exchange website (www.sse.com.cn) on April 30, 2024.
II. Situation of the Company’s Application to Revoke Delisting Risk Warning and Other Risk Warnings
(1) Situation of the Company’s Application to Revoke Delisting Risk Warning
Lixin Zhonglian Accounting Firm (Special General Partnership) (hereinafter referred to as “Lixin Zhonglian”) audited the company’s financial statements for the year 2025 and issued a standard unqualified opinion “Audit Report” (Lixin Zhonglian Audit No. [2026] D-0073). According to the audit, as of December 31, 2025, the company achieved a total profit of -207.4503 million yuan, a net profit attributable to the parent company of -228.0636 million yuan, and a net profit attributable to the parent company after deducting non-recurring gains and losses of -358.9486 million yuan for the year 2025; the company achieved operating revenue of 410.2039 million yuan, and operating revenue after deducting income unrelated to the main business and income without commercial substance of 393.4543 million yuan. The company’s stock meets the conditions for applying for the revocation of the delisting risk warning.
(2) Situation of the Company’s Application to Revoke Other Risk Warnings
As of December 30, 2024, the company has received funds of 95.9896 million yuan to resolve the non-operating fund occupation issue, and the non-operating fund occupation issue has been resolved. Lixin Zhonglian has issued a “Special Report on the Settlement of Non-Operating Fund Occupation by Related Parties of Huawang Eco-Engineering Co., Ltd. for the Year 2024” (Lixin Zhonglian Special Audit No. [2025] D-0281), confirming that the fund occupation issue by Huawang Group and related parties has been resolved.
For the year 2024, the company has completed the rectification of internal control defects. Lixin Zhonglian issued a standard unqualified opinion “Internal Control Audit Report” (Lixin Zhonglian Audit No. [2025] D-0805, Lixin Zhonglian Audit No. [2026] D-0074) on the effectiveness of the company’s internal control for the years 2024 and 2025.
The “Audit Report” (Lixin Zhonglian Audit No. [2025] D-0865) issued by Lixin Zhonglian for the company’s financial statements for the year 2024 did not indicate uncertainty regarding the company’s ability to continue as a going concern. In addition, Lixin Zhonglian also issued a standard unqualified opinion “Audit Report” (Lixin Zhonglian Audit No. [2026] D-0073) for the company’s financial statements for the year 2025.
In summary, the company’s stock meets the conditions for applying to revoke the delisting risk warning and other risk warnings. Specific details can be found in the “Announcement on the Company’s Application to Revoke the Delisting Risk Warning and Other Risk Warnings” (Announcement Number: 2026-022) disclosed on the Shanghai Stock Exchange website (www.sse.com.cn) on March 6, 2026.
III. Progress Situation and Risk Reminder
According to the provisions of Article 9.1.11 of the Listing Rules, as of the date of this announcement, the company’s application for the revocation of the delisting risk warning and other risk warnings is in the supplementary materials stage, and the supplementary materials period is not counted in the time limit for the Shanghai Stock Exchange to make relevant decisions.
The company’s application to revoke the delisting risk warning and other risk warnings still needs approval from the Shanghai Stock Exchange, and there are uncertainties regarding whether the approval will be granted and the specific timeline for the Shanghai Stock Exchange’s decision.
The company will closely monitor the progress of the above matters and fulfill its information disclosure obligations in a timely manner according to the requirements of the Listing Rules and other relevant regulations. The designated information disclosure media for the company are the “Shanghai Securities Journal,” “China Securities Journal,” and the Shanghai Stock Exchange website (www.sse.com.cn). All information of the company is subject to the announcements published in the above media. Investors are urged to invest rationally and pay attention to investment risks.
This is a special announcement.
Board of Directors of Danyang Shunjing Intelligent Technology Co., Ltd.
March 27, 2026
Stock Code: 603007 Stock Short Name: *ST Huawang Announcement Number: 2026-032
Danyang Shunjing Intelligent Technology Co., Ltd.
Announcement on the Progress of Guarantee Quota Adjustment Between Subsidiaries and Providing Guarantees for Controlling Subsidiaries
The board of directors and all directors of the company guarantee that there are no false records, misleading statements, or material omissions in the content of this announcement, and they shall bear legal responsibility for the truthfulness, accuracy, and completeness of its content.
Important Content Reminder:
● Guarantee Objects and Basic Situation
■
● Cumulative Guarantee Situation
■
I. Overview of the Guarantee Situation
(1) Estimated Guarantee Situation
To support the business development and funding needs of Danyang Shunjing Intelligent Technology Co., Ltd. (hereinafter referred to as the “Company”) and its subsidiaries, in 2026, the company and its subsidiaries are expected to provide a total guarantee limit (including newly added guarantee amounts and renewed guarantee amounts, if any) of no more than 960 million yuan to subsidiaries within the scope of consolidated financial statements (of which the guaranteed amount for objects with asset-liability ratios exceeding 70% shall not exceed 560 million yuan, and the guaranteed amount for objects with asset-liability ratios not exceeding 70% shall not exceed 400 million yuan). The specific amounts of guarantees shall be subject to the amounts stated in the actual signed guarantee contracts, and the above limits can be rolled over and used within the validity period without further review. Meanwhile, to improve work efficiency and timely handle financing and related business, the shareholders’ meeting authorizes the company’s chairman and designated personnel to handle guarantee matters with full authority within the above limit, including but not limited to adjusting the guarantee amounts for various subsidiaries as needed, handling relevant guarantee procedures, signing relevant legal documents, etc.
(2) Internal Decision-Making Procedure
The company held the 16th meeting of the 5th board of directors on March 4, 2026, and the annual general meeting of shareholders on March 26, 2026, and reviewed and approved the proposal on the estimated guarantees for the controlling subsidiaries in 2026, agreeing to the above guarantee estimates, and confirming that the company and its subsidiaries will sign specific guarantee agreements on a single or individual basis based on actual operating conditions within the above guarantee limit, without having to separately fulfill decision-making procedures. The validity period of the above guarantee matters and authorizations is from the date of approval by the 2025 annual general meeting of shareholders until the day of the 2026 annual general meeting of shareholders. Specific details can be found in the “Announcement on the Estimated Guarantees for the Controlling Subsidiaries in 2026” (Announcement Number: 2026-020) and the “Announcement of the 2025 Annual General Meeting of Shareholders Resolution” (Announcement Number: 2026-031) disclosed on the Shanghai Stock Exchange website (www.sse.com.cn).
This guarantee matter is within the approved limit and does not require a separate meeting of the board of directors and shareholders for deliberation.
(3) About the Adjustment of Guarantee Limits
To meet the business development and actual operating needs of subsidiaries, the company adjusted the unused guarantee limit of 5 million yuan from its wholly-owned subsidiary Suzhou Shunjing Integrated Circuit Co., Ltd. (hereinafter referred to as “Shunjing Integrated”) to its wholly-owned subsidiary Shunjing Management, without changing the total guarantee limit approved by the 2025 annual general meeting of shareholders. The amount adjusted this time accounts for 1.73% of the company’s most recent audited net assets. After completing the internal adjustment of the above guarantee limit, the guarantee limit provided by the company for Shunjing Integrated is reduced from 50 million yuan to 45 million yuan, and the guarantee limit provided by the company for Shunjing Management is increased from 500 million yuan to 505 million yuan.
The specific situation of this adjustment of guarantee limits for wholly-owned subsidiaries is as follows:
Unit: Ten Thousand Yuan
■
This adjustment of guarantee limits is carried out within the total guarantee limit approved by the 2025 annual general meeting of shareholders, and this internal adjustment of guarantee limits is conducted to meet the funding needs of the subsidiaries’ actual business development, which complies with the adjustment principles approved by the shareholders’ meeting and does not harm the interests of the company and its shareholders, especially the interests of minority shareholders.
(4) Progress of This Matter
Recently, Shunjing Management signed the “Domestic Acquisition Loan Contract” (Contract Number: Wu Zhong Yin Dai Zi No. 2026050, hereinafter referred to as the “Main Contract”) with the Bank of China Suzhou Wuzhong Branch (hereinafter referred to as “Bank of China Wuzhong Branch”), stipulating to provide Shunjing Management with a merger loan of 466 million yuan to pay for the transaction price of acquiring 55.50% equity of Anhui Niwei Automotive Power System Co., Ltd. (including the replacement of previously over-invested self-raised funds), with a loan term of 120 months.
To support the smooth development of this financing business for Shunjing Management, the company signed a “Guarantee Contract” (Contract Number: Wu Zhong Yin Bao Zi No. 2026050-2) with Bank of China Wuzhong Branch, providing joint liability guarantee for the debts formed between Shunjing Management and Bank of China Wuzhong Branch according to the main contract; at the same time, Shunjing Management signed a “Pledge Contract” (Contract Number: Wu Zhong Yin Zhi Zi No. 2026050) with Bank of China Wuzhong Branch, pledging the 55.50% equity of Anhui Niwei Automotive Power System Co., Ltd. held by Shunjing Management as collateral for the debt owed to Bank of China Wuzhong Branch.
The guaranteed party of this guarantee is the company’s wholly-owned subsidiary, and no counter-guarantee is required.
II. Basic Situation of the Guaranteed Party
■
III. Main Contents of the Guarantee Agreement
(1) The Company Provides Guarantee for Shunjing Management
The company signed a “Guarantee Contract” (Contract Number: Wu Zhong Yin Bao Zi No. 2026050-2) with Bank of China Wuzhong Branch on March 26, 2026. The main contents are as follows:
Guarantor: Danyang Shunjing Intelligent Technology Co., Ltd.
Creditor: Bank of China Suzhou Wuzhong Branch
The main contract of this contract is: the “Domestic Acquisition Loan Contract” signed between the creditor and Shunjing Management, numbered Wu Zhong Yin Dai Zi No. 2026050, along with its amendments or supplements.
The debts arising under the main contract constitute the main debt of this contract, including principal, interest (including interest, compound interest, penalty interest), default penalties, compensation, costs for realizing the debt (including but not limited to litigation fees, lawyer fees, notarization fees, execution fees, etc.), losses caused to the creditor due to the debtor’s default, and all other payable fees.
Joint liability guarantee.
The guarantee period for this contract is three years from the expiration date of the main debt. If the main debt is repaid in installments, the guarantee period is from the effective date of this contract until three years after the last installment payment due date.
This guarantee contract becomes effective on the date it is signed and stamped by the legal representatives, responsible persons, or authorized signatories of both parties.
(2) Shunjing Management Provides Pledge Guarantee
Shunjing Management signed a “Pledge Contract” (Contract Number: Wu Zhong Yin Zhi Zi No. 2026050) with Bank of China Wuzhong Branch, with the main contents as follows:
Pledgor: Suzhou High-tech Zone Chenshun Haojing Management Consulting Co., Ltd.
Pledgee: Bank of China Suzhou Wuzhong Branch
The main contract of this contract is: the “Domestic Acquisition Loan Contract” signed between the pledgee and Shunjing Management, numbered Wu Zhong Yin Dai Zi No. 2026050, along with its amendments or supplements.
The debts arising under the main contract constitute the main debt of this contract, including principal, interest (including interest, compound interest, penalty interest), default penalties, compensation for losses, custody fees for the pledged property, costs for realizing the debt (including but not limited to litigation fees, lawyer fees, notarization fees, execution fees, etc.), losses caused to the pledgee due to the debtor/guaranteed party’s (in the case of counter-guarantee, the same applies) default, and all other payable fees.
The 55.50% equity of Anhui Niwei Automotive Power System Co., Ltd. held by Shunjing Management, totaling 22,256,832 shares.
During the pledge period, if the pledged property is damaged, lost, or expropriated, the pledgee can prioritize compensation from the received insurance payments, compensation, or other compensations. If the performance period of the guaranteed debt has not yet arrived, the insurance payments, compensation, or other compensations can also be deposited.
This contract becomes effective on the date it is signed and stamped by the legal representatives, responsible persons, or their authorized signatories of both parties. The pledge rights are established when the pledgor delivers the pledged property to the pledgee or registers the pledge.
IV. Necessity and Reasonableness of the Guarantee
This guarantee for wholly-owned subsidiaries is to meet the operational needs of wholly-owned subsidiary Shunjing Management and is conducive to the smooth conduct of its financing business. It aligns with the company’s actual operating situation and overall development strategy, thus being necessary and reasonable. The guaranteed party Shunjing Management has the ability to repay its debts, and the guarantee risks are overall controllable, which will not adversely affect the company’s normal operation and business development, nor will it harm the interests of the company and its shareholders, especially minority shareholders.
V. Board of Directors’ Opinion
The company held the 16th meeting of the 5th board of directors on March 4, 2026, where the proposal on the estimated guarantees for controlling subsidiaries in 2026 was approved with a voting result of 7 in favor, 0 against, and 0 abstentions. The board of directors believes that the matter of the company and its subsidiaries providing guarantees for subsidiaries has been strictly reviewed, and the development and operational status of the guaranteed subsidiaries have been fully understood. They have sufficient debt repayment capacity, and the financial risks of this guarantee are controllable, which is beneficial for the overall business development of the company and does not harm the interests of the company and its shareholders.
VI. Total Number of Cumulative External Guarantees and Number of Overdue Guarantees
As of the date of this announcement (excluding this time), the total amount of external guarantees provided by the company and its subsidiaries is 38.76 million yuan, accounting for 13.43% of the most recent audited net assets of the company; the total amount of guarantees provided by the company for its subsidiaries is 38.76 million yuan, accounting for 13.43% of the most recent audited net assets of the company; the total amount of guarantees provided by the company for controlling shareholders and actual controllers and their related parties is 0.00 yuan, accounting for 0.00% of the most recent audited net assets of the company; the company has no overdue guarantee situations.
This is a special announcement.
Board of Directors of Danyang Shunjing Intelligent Technology Co., Ltd.
March 27, 2026
A wealth of information and precise interpretations, all on the Sina Finance APP.