天津泰达股份拟出售泰达能源51%股权重大资产重组决议公告（2026年）

泰达股份重大资产出售暨关联交易决议公告详解

天津泰达资源循环集团股份有限公司（泰达股份，证券代码：000652）于2026年4月4日发布了第十一届董事会第二十九次（临时）会议决议公告。此次公告涉及重大资产出售事项及关联交易，内容详实，具有显著的投资者关注意义。

一、交易概要

泰达股份拟向天津泰达供应链管理有限公司（泰达供应链）出售其持有的天津泰达能源集团有限公司（泰达能源）51%股权（出资额12,850万元）。
本次交易对价为186,527,011.63元，依据北京中评正信资产评估有限公司的评估报告，评估增值率达37.96%。
交易对价将以现金方式支付，确保资金到位。

二、交易定价与公允性

资产评估采用资产基础法和收益法，并以资产基础法为最终评估依据。
泰达能源截至2025年10月31日股东全部权益评估值为36,573.81万元，远高于审计后净资产26,510.94万元。
董事会认为评估机构独立性强，评估假设合理，方法与目的相关，定价公允，不损害公司及股东利益。

三、交易影响及相关风险提示

本次交易构成重大资产重组，且为关联交易。泰达供应链为公司控股股东控制企业。
本次交易及12个月内累计出售资产净额、营业收入占公司相应指标比例分别达52.45%和89.89%，显著影响公司资产结构。
交易为现金出售，不涉及发行股份或控制权变更，不构成重组上市。
交易完成后，公司2025年1-10月每股收益增厚，2024年存在每股收益被摊薄的情形。公司将完善治理结构、优化成本管控以填补即期回报。
交易后，公司继续严格执行利润分配政策，保护中小股东权益。
公司及项目公司已自查房地产相关业务，未发现违法违规行为（如闲置土地、炒地、捂盘惜售、哄抬房价等），未被行政处罚或立案调查。

四、决策与程序合规

董事会审议通过21项议案，均获董事会5票同意（关联董事回避表决）。
所有议案均需提交股东会审议，暂未召开股东会，待相关工作完成后将另行通知。
公司已聘请中审亚太会计师事务所和北京中评正信资产评估有限公司出具审计、评估及备考审阅报告，已完成国资备案。
公司已采取严格保密措施，限定敏感信息知悉范围，签署保密协议。
董事会提请股东会授权董事会及管理层全权办理重组有关事项，授权有效期十二个月。

五、价格敏感信息与投资者须知

本次重大资产出售及关联交易构成重大资产重组，涉及公司核心资产及业务结构调整，极有可能影响公司未来业绩表现和股价波动。
交易标的评估增值显著，现金流入可优化公司财务状况。
交易完成后公司盈利能力提升措施已明确，填补即期回报承诺书已出具，保障中小股东权益。
本次交易尚需股东会审议通过，投资者需关注后续股东大会及相关进展公告。

六、后续事项

公司暂未召开股东会，待交易相关准备工作完成后将发布股东会通知。
投资者可关注公司在巨潮资讯网（http://www.cninfo.com.cn）后续公告，及时获取最新信息。

免责声明：

本文仅为信息披露解读，不构成投资建议。投资者请注意，本次重大资产出售及关联交易对公司影响重大，后续结果需以公司正式公告及股东会决议为准。股价波动受多重因素影响，投资需谨慎。

TEDA Shares Major Asset Sale and Related Party Transaction: Detailed Investor Analysis

Tianjin TEDA Resource Recycling Group Co., Ltd. (TEDA Shares, Stock Code: 000652) released its 11th Board of Directors’ 29th (Interim) Meeting Resolution Announcement on April 4, 2026. The announcement covers a major asset sale and related party transaction with substantial information that is highly relevant for investors.

1. Transaction Overview

TEDA Shares plans to sell its 51% equity stake in Tianjin TEDA Energy Group Co., Ltd. (TEDA Energy) (capital contribution of RMB 128.5 million) to Tianjin TEDA Supply Chain Management Co., Ltd. (TEDA Supply Chain).
The transaction price is RMB 186,527,011.63, based on an independent asset valuation with a value appreciation rate of 37.96%.
The transaction payment will be made in cash, ensuring liquidity and financial strength.

2. Pricing and Fairness

Asset valuation used both asset-based and income approaches, with asset-based as the final result.
As of October 31, 2025, TEDA Energy’s total equity value was RMB 365.7381 million, much higher than its audited net assets of RMB 265.1094 million.
The Board believes the valuation agency is independent, assumptions reasonable, and pricing fair without harming the interests of the company or shareholders.

3. Transaction Impact and Risk Disclosure

This transaction constitutes a major asset restructuring and is a related party transaction. TEDA Supply Chain is controlled by the company’s majority shareholder.
Combined with the past 12 months’ asset sales, net asset and revenue ratios reach 52.45% and 89.89% of the company’s respective indicators—significantly impacting asset structure.
The transaction is cash-based, does not involve share issuance or change of control, and is not a reverse takeover.
Post-transaction, per-share earnings in Jan-Oct 2025 will increase, but 2024 will see dilution. The company has committed to measures to enhance profitability and protect minority shareholders.
The company and project entity conducted a special self-inspection for real estate compliance; no violations or penalties found.

4. Decision-making and Compliance

The Board passed 21 resolutions, all with 5 votes in favor (related directors abstained).
All resolutions require shareholder approval; the shareholders’ meeting will be convened once preparations are complete.
The company engaged reputable audit and valuation agencies, with reports duly filed with authorities.
Strict confidentiality measures have been implemented, including limited information disclosure and signed confidentiality agreements.
The Board seeks shareholder authorization for full execution of restructuring matters, valid for 12 months.

5. Price-sensitive Information and Investor Notes

This major transaction and restructuring involves core assets and will affect future performance and share price volatility.
Significant asset value appreciation and cash inflow will strengthen the company’s financials.
Clear post-transaction profitability measures and commitments to protect minority interests.
The deal is pending shareholder approval; investors should monitor upcoming shareholder meetings and related announcements.

6. Next Steps

No shareholder meeting has been called yet; notification will follow once preparations are complete.
Investors should follow the company’s updates on www.cninfo.com.cn for the latest information.

Disclaimer:

This article is for information disclosure interpretation only and does not constitute investment advice. Investors should note that this major asset sale and related party transaction may have significant impact, but final results are subject to official announcements and shareholder meeting resolutions. Share price is affected by multiple factors; invest prudently.