资料图。本文来源：21世纪经济报道 7月28日，居然智家（000785.SZ）开盘跌停，当日收跌6.96%，报2.94元/股，总市值183亿元。 居然智家：实际控制人、董事长兼CEO汪林朋逝世 （声明：文章内容仅供参考，不构成投资建议。投资者据此操作，风险自担。） ■ 7月28日，居然智家(000785.SZ)公告称，公司实际控制人、董事长兼CEO汪林朋于2025年7月27日 在家中不幸身故。公司已对相关事项做了妥善安排，日常经营管理由高管团队负责，公司经营情况 一切正常。 公开资料显示，汪林朋出生于1968年，其1990年至2001年先后任职于商业部财会司等单位，2001 年起涉足居然之家体系，2015年至今任北京居然之家投资控股集团有限公司董事长，2020年12月 至今任居然智家董事长兼首席执行官（CEO）。 ...

Core Viewpoint - Vanke is undergoing significant organizational restructuring, including the elimination of regional companies and a shift towards a more centralized management model, in response to ongoing financial pressures and anticipated losses in the upcoming financial period [2][3][10]. Organizational Restructuring - Vanke will cancel all regional companies and merge city companies into a total company model, centralizing functions such as procurement and human resources back to the group [2][5]. - This restructuring follows multiple adjustments since 2024, including a previous reduction from seven to five regional companies [3][6]. - The new management structure will transition from a three-tier to a 2.5-tier control system, indicating a move towards greater efficiency [5][7]. Financial Performance - Vanke anticipates a net loss of between 100 billion to 120 billion yuan for the first half of 2025, marking a continuation of financial struggles [3][10]. - The company reported a loss of 98.5 billion yuan in the same period last year, indicating a worsening financial situation [10]. - The projected loss is attributed to a significant decline in project settlement scale and low gross margins, alongside increased asset impairment provisions [11][12]. Support from Stakeholders - Since February, Shenzhen Metro Group has provided Vanke with a total of 211 billion yuan in shareholder loans to help repay public market debts [4][15]. - Vanke has also engaged in asset disposals and secured additional financing, including a recent sale of shares that raised 4.79 billion yuan [15][17]. Industry Context - Vanke's restructuring is reflective of broader trends in the real estate industry, where many companies are consolidating regional and city operations to adapt to market changes [8][9]. - Other firms, such as China Jinmao and China Merchants Shekou, have also streamlined their organizational structures, indicating a shift towards direct management of city companies [8][9]. Future Outlook - Vanke's management emphasizes the need for time to resolve financial risks and improve operational efficiency, with ongoing efforts to enhance cash flow and stabilize financial conditions [16][17]. - The company's ability to navigate these challenges will not only impact its own future but also influence the overall direction of the real estate sector [18].

Core Viewpoint - The inheritance of the Wahaha equity by Zong Fuli is confirmed through a notarized document, indicating her current Hong Kong identity and the marital status of her parents at the time of Zong Qinghou's death [1][2]. Summary by Sections - The notarized inheritance document from Hangzhou Oriental Notary Office reveals that Zong Fuli holds a key will notarization that allows her to inherit the Wahaha equity previously held by Zong Qinghou [1]. - On March 1, 2024, Zong Fuli applied for the inheritance notarization of Zong Qinghou's estate, providing 12 pieces of evidence, including her identification, Zong Qinghou's death and cremation certificates, the marriage certificate between Zong Qinghou and Shi Youzhen, and her own "Only Child Honor Certificate" [1].

资料图。本文来源：澎湃新闻 记者 吴雨欣 可口可乐二季度净利增长58%，计划秋季在美推蔗 糖版可乐 可口可乐将在美国推出新款蔗糖版可乐。 7月22日美股盘前，可口可乐公司发布了2025年二季度财报，财报显示，公司二季度营收125.35亿 美元，同比增长1%，有机营收（非公认会计准则）同比增长5%；净利润为38.1亿美元，同比增长 58%；营业利润增长了63%，营业利润率从上年同期的21.3%提升至34.1%；每股收益（非公认会 计准则）为0.87美元，同比增长4%，预估0.83美元。 在财报中，可口可乐公司表示，该公司计划于今年秋季在美国推出一款采用美国蔗糖制成的产品， 以扩大其可口可乐商标产品系列。此次推出的产品旨在补充公司核心产品组合，为不同场合和偏好 的消费者提供更多选择。 在当日的财报会上，可口可乐的高管重申了这一计划，"正如你们上周可能看到的，我们感谢总统 对我们可口可乐品牌的热情，"可口可乐公司董事会主席兼首席执行官詹鲲杰（James Quincey） 说。 詹鲲杰指出，该公司已经在多款饮料中使用了这种甜味剂，"实际上，我们在美国产品组合中的许 多其他品牌都使用蔗糖，从柠檬水到茶，再到一些咖啡产品 ...

市场监管总局暂停对杜邦中国集团有限公司的反垄 断调查程序 资料图。本文来源：北京日报 市场监管总局暂停对杜邦中国集团有限公司的反垄断调查程序。 ■ ...

Core Viewpoint - The article discusses the planned share transfer by shareholder Shen Yougen of Dongfang Caifu, with a preliminary transfer price set at 21.66 yuan per share, aimed at addressing personal funding needs and potentially enhancing the company's shareholder structure through the introduction of quality institutional investors [1][3][10]. Group 1: Share Transfer Details - Shen Yougen intends to transfer approximately 159 million shares, representing 1% of the company's total share capital [2][7]. - The transfer is not conducted through centralized bidding or block trading, and the shares cannot be transferred by the acquirers within six months [9]. - The transfer price was determined in consultation with China International Capital Corporation (CICC), ensuring it is not lower than 70% of the average trading price over the previous 20 trading days [10][11]. Group 2: Shareholder Background - Shen Yougen is not the controlling shareholder or a senior executive of Dongfang Caifu but holds 1.2% of the shares and is an action in concert with the controlling shareholder, who is his father [12][13]. - Together with other concerted parties, they hold a total of 22.9% of the company's shares [13]. Group 3: Financial Performance - As of July 18, Dongfang Caifu's stock price was 23.52 yuan per share, with a total market capitalization of 371.7 billion yuan, indicating that the shares being transferred have a market value exceeding 3.7 billion yuan [14]. - The company reported strong performance in Q1 2025, with total revenue of 3.486 billion yuan, a year-on-year increase of 41.93%, and a net profit of 2.715 billion yuan, up 38.96% [18].

资料图。本文来源：财联社 浙江5部门通告追溯娃哈哈20年资金流向？假消 息！ 近日，有关宗庆后子女财产继承纠纷以及娃哈哈方面的相关新闻不断发酵，一度成为社会热点。 7月18日，突然多家自媒体发布信息称"浙江省纪委国资公安等5部门通告追溯娃哈哈20年资金流 向"，一时间该消息不断在网络蔓延。 《经济参考报》记者从杭州市有关部门获悉，上述消息为假消息。 网络上流传的图片 。 ■ ...

王兴兴资料图。本文来源：新浪科技 新浪科技讯 7月18日晚间消息，中国证监会官网7月18日显示，宇树科技已开启上市辅导，由担任 辅导机构。辅导报告提到，宇树科技控股股东、实际控制人为王兴兴，直接持有公司23.8216%股 权，并通过上海宇翼企业管理咨询合伙企业（有限合伙）控制公司10.9414%股权，合计控制公司 34.7630%股权。 企查查App显示，杭州宇树科技股份有限公司成立于2016年8月，该公司于6月18日公司注册资本 由288.9万元增至3.64亿元。5月底，该公司企业名称由杭州宇树科技有限公司变更为杭州宇树科技 股份有限公司。此外，杭州宇树科技股份有限公司共对外投资5家企业，其中3家成立于2024年及 以后，包括上海高羿科技有限公司、北京灵翌科技有限公司、深圳天羿科技有限公司。截至目前宇 树科技名下专利达163项。 ■ 宇树科技开启上市辅导，王兴兴持股23.82% ...

Core Viewpoint - Sun Hongbin and Sunac China are undergoing a second offshore debt restructuring, aiming to resolve the company's financial difficulties amid a challenging real estate market [2][4][14]. Group 1: Debt Restructuring Progress - As of June 24, 75% of the holders of Sunac China's existing debt have joined the restructuring support agreement, up from 64% at the end of May, indicating growing creditor support for the full debt-to-equity swap plan [2][5]. - The offshore debt restructuring hearing is scheduled for September 15, where the company will seek the Hong Kong High Court's directive to convene a plan meeting for creditor approval [2][5]. - On July 4, Sunac announced the issuance of 754 million new shares to repay approximately 5.6 billion yuan of domestic bonds, marking a significant step in the domestic debt restructuring process [2][5]. Group 2: Debt-to-Equity Swap Details - The total scale of Sunac's offshore debt is approximately 9.55 billion USD, with the company facing its first default on USD bonds in the first half of 2022 due to the liquidity crisis in the real estate sector [4][6]. - The debt restructuring plan includes two series of new mandatory convertible bonds, with conversion prices set at 6.80 HKD and 3.85 HKD per share, respectively, with the latter option being less favorable for creditors [6][7]. - The debt-to-equity swap is seen as a necessary measure to reduce debt scale fundamentally, despite the potential for significant equity dilution for existing shareholders [7][8]. Group 3: Strategic Focus and Market Position - Sun Hongbin emphasized the need to reduce leverage and focus on core cities such as Beijing, Shanghai, Xi'an, and Chongqing, rather than spreading resources too thin across many locations [10][11]. - The company is actively restructuring its residential projects and has secured financing partnerships to support ongoing developments, such as a 2.476 billion yuan investment for the Chongqing Bay project [10][11]. - Despite impressive sales figures for certain projects, Sunac's equity stake in these developments is limited, resulting in lower actual returns [11]. Group 4: Ongoing Challenges - Sunac faces significant challenges, including the auction of two office properties in Beijing due to unresolved debt disputes, with starting prices set at approximately 18.69 million yuan and 21.02 million yuan [12][13]. - The company has seen a surge in judicial enforcement actions, with 65 new cases reported in July alone, totaling nearly 4 billion yuan in claims, highlighting ongoing liquidity pressures [14]. - The upcoming court hearing in September will be a critical juncture for Sunac's future, as the company seeks to finalize its restructuring plan amid persistent financial and operational challenges [15].

资料图。本文 来源：九派新闻 杭州成立专班介入宗庆后遗产纠纷，此前三兄妹在 港起诉宗馥莉文书曝光 近日， 娃哈哈集团现任董事长、宗庆后之女宗馥莉被3名自称同父异母弟妹起诉，引发关注。 7月17日，据新黄河报道， 杭州市上城区财政局工作人员告诉《正在新闻》，"我们前期也接到了 很多相关电话和投诉，我们一直在处理，已经有（成立）专班在介入处理，我们也希望尽快能处理 这个事情。" 对于专班是否为上城区财政局牵头，该工作人员表示，上城区财政局内部也只有个别 人知晓，"不好给你更进一步的答复。" 此前娃哈哈方面向媒体透露，家族内部事务，与公司运营、业务无关，公司不会提供任何答复口径 或相关回应。工商信息显示，杭州娃哈哈集团有限公司（下称"娃哈哈集团"）大股东为杭州市上城 区财政局下属二级企业杭州市上城区文商旅投资控股集团有限公司。 此前据环球时报援引彭博社报道，娃哈哈董事长宗馥莉因资产纠纷在香港被起诉，三名原告是宗继 昌（Jacky Zong）、宗婕莉（Jessie Zong）和宗继盛（Jerry Zong）。原告律师确认，这三人是宗 馥莉的"同父异母弟妹"，此前，宗馥莉一直被公众视为宗庆后（已故）的独生女。 原告律师 ...