截至月份: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 亞證地產有限公司(「本公司」) 呈交日期: 2025年12月1日 I. 法定/註冊股本變動 不適用 備註： 本公司並無法定股本及其股本中並無股份面值。 FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00271 | 說明 | | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 1,240,668,945 | | 0 | | 1,240,668,945 | | 增加 / 減少 (-) | | | | | | | | ...

格隆汇11月26日丨*ST东易(002713.SZ)公布，收到北京市第一中级人民法院（简称"北京一中院"或"法 院"）送达的《复函》（（2025）京01破501号）及《决定书》（（2025）京01破501号之一），许可公 司在重整期间继续营业，并准许公司在管理人的监督下自行管理财产和营业事务。 ...

Core Viewpoint - The stock price of *ST Dongyi (002713) experienced a dramatic reversal despite the court's acceptance of its restructuring application, hitting the daily limit down shortly after market opening on November 20, 2023 [2][5]. Group 1: Stock Performance - On November 20, 2023, *ST Dongyi's stock opened at 17.61 CNY per share, down 5.02% after reaching a peak of 19.47 CNY per share just seconds after the market opened [2][7]. - The stock had previously seen a significant rally, achieving 24 limit-up days and a cumulative increase of 258.61% over 29 trading days [2]. Group 2: Restructuring Announcement - On November 19, 2023, *ST Dongyi announced that the Beijing First Intermediate People's Court accepted the restructuring application from its creditor, Beijing Pengyuan Xingda Trading Co., Ltd., and appointed Beijing Dacheng Law Firm as the administrator [5]. - The company indicated that if it fails to complete the restructuring plan by December 31, 2025, it risks being delisted [6]. Group 3: Capital Increase and Share Dilution - The restructuring plan includes a capital increase of 532 million shares, raising the total share capital from 419.5 million to 951.5 million shares, resulting in a 126.8% increase and significant dilution of existing shareholders' equity [9]. - The share transfer prices for various investors are below the current market price, with strategic investors acquiring shares at 2.3 CNY and financial investors at 4.0 CNY per share [9]. Group 4: Risk of Price Adjustment - Following the restructuring, *ST Dongyi anticipates a significant downward adjustment in its stock price, potentially exceeding 30%, based on historical precedents from similar cases [9]. - The company has issued a risk warning regarding the potential for substantial price adjustments post-restructuring, emphasizing the need for investors to remain vigilant [8][9].

Core Viewpoint - *ST Dongyi (002713.SZ) has received a court ruling accepting the reorganization application from creditor Beijing Pengyuan Xingda Trading Co., Ltd, leading to the implementation of delisting risk warning for its stock [1] Group 1: Court Ruling and Reorganization - The Beijing First Intermediate People's Court has issued a civil ruling and decision to accept the reorganization application for the company [1] - Beijing Dacheng Law Firm has been appointed as the administrator for the company's reorganization process [1] Group 2: Stock Market Implications - Due to the court's ruling, the company's stock will be subject to additional delisting risk warnings according to the Shenzhen Stock Exchange listing rules [1] - The stock will continue to be traded under the name "*ST Dongyi" with the same stock code "002713" and will have a daily price fluctuation limit of 5% [1]

Core Viewpoint - *ST Dongyi's stock will resume trading on November 19 after a significant price increase driven by restructuring expectations and the potential injection of computing assets [2][3][6] Group 1: Stock Performance and Trading Resumption - Since the announcement of restructuring investor selection on September 26, 2025, *ST Dongyi's stock has hit the daily limit up 23 times in 28 trading days, with a cumulative increase of 241.59% [2] - The company has issued nine announcements regarding abnormal stock price fluctuations and was suspended for trading on November 14, 2025, for verification [2][6] - The stock's current price is significantly higher than the entry prices for industrial and financial investors, raising concerns about potential price adjustments [15] Group 2: Financial Condition and Risks - As of September 30, 2025, *ST Dongyi reported a net asset value of -1.165 billion yuan, triggering a "delisting risk warning" due to negative net assets for three consecutive years [6] - The company experienced a 52.02% year-on-year decline in revenue for the first nine months of 2025, with a net loss of 58.26 million yuan [6] - The company faces a deadline of December 31, 2025, to complete its restructuring; failure to do so may lead to delisting [3][6] Group 3: Restructuring and Asset Injection - The anticipated donation of the Helinger Intelligent Computing Center by Huazhu Technology is central to *ST Dongyi's narrative of transformation, but there are concerns about the asset's inflated valuation [8][10] - The project, which began construction on July 17, 2024, has not yet generated revenue and is subject to significant financial and operational risks [10][14] - The total investment for the project is 2.7 billion yuan, but Huazhu Technology's financial condition raises questions about its ability to fulfill the donation commitment [10][14] Group 4: Market Competition and Future Outlook - The Helinger area is becoming increasingly competitive, with major companies like Volcano Engine and Huawei Cloud establishing computing centers, which may impact the profitability of *ST Dongyi's new asset [14] - The potential for future funding shortfalls or operational losses could shift risks onto *ST Dongyi and its minority shareholders, while Huazhu Technology may benefit from stock price appreciation through speculative trading [14]

停牌期间，公司就股价波动的相关事项进行了核查。鉴于相关自查工作已完成，公司股票将于2025年11 月19日(星期三)开市起复牌。 智通财经APP讯，*ST东易(002713.SZ)公告，公司股票自2025年9月26日晚披露《关于遴选重整投资人 结果及签署重整投资协议暨预重整进展的公告》以来，至2025年11月13日价格涨幅为241.59%,股价波动 较大。此前，公司股票自2025年11月14日开市起停牌。 ...

格隆汇11月18日丨*ST东易(002713.SZ)公布，停牌期间，公司就股价波动的相关事项进行了核查。鉴于 相关自查工作已完成，根据《深圳证券交易所上市公司自律监管指引第6号——停复牌》等相关规定， 经公司申请，公司股票（证券简称:*ST东易;证券代码:002713）将于2025年11月19日（星期三）开市起 复牌。 ...

公司于2024年10月29日披露了《关于公司对子公司提供担保的公告》（公告编号：2024-155），公司子 公司岭南（深圳）供应链管理有限公司(简称"深圳供应链")向深圳宝安融兴村镇银行(简称"融兴银行") 申请不超过人民币765万元授信额度，担保授信期间，由公司为融兴银行提供连带责任保证/抵押担保。 上述担保事项在该年度担保额度预计范围内，担保预计额度已经第五届董事会第十八次会议及2023年年 度股东大会审议通过。目前上述贷款已逾期。 格隆汇11月14日丨ST岭南(002717.SZ)公布，公司统计核实，自2025年4月26日至2025年11月13日，公司 新增逾期债务（利息逾期）合计13,920.84万元，占公司2024年经审计净资产的13.08%。 ...

Core Viewpoint - *ST Dongyi's stock has experienced significant volatility, with a price increase of 241.59% since September 26, 2025, leading to a suspension of trading for further investigation [1][3]. Group 1: Stock Performance - Since September 29, 2025, *ST Dongyi has recorded 23 limit-up days and 1 limit-down day within 28 trading days, with a cumulative increase exceeding 240% [3]. - The stock has experienced continuous limit-up trading for 12 consecutive days since the limit-down on October 28, 2025 [3]. Group 2: Financial Metrics - As of November 12, 2025, the company's static P/E ratio is -6.03, rolling P/E ratio is -10.88, and P/B ratio is -6.06, indicating significant discrepancies compared to the industry averages of 26.83 for static P/E, 23.94 for rolling P/E, and 2.34 for P/B [5]. Group 3: Restructuring Situation - The company is undergoing a pre-restructuring process initiated by the Beijing First Intermediate People's Court, which has not yet accepted the formal restructuring application [5]. - If the court accepts the restructuring application, the stock will be subject to "delisting risk warning" [5]. - The company faces potential bankruptcy and delisting risks if it fails to complete the restructuring process by December 31, 2025 [6].

Core Viewpoint - *ST Dongyi has experienced a significant stock price surge, with a cumulative increase of 241.59% over 28 trading days, prompting the company to apply for a trading suspension for stock price fluctuation investigation [1][4][9]. Group 1: Stock Performance and Trading Suspension - The stock price of *ST Dongyi rose from a low of 1.96 yuan in July 2024 to a suspension price of 17.66 yuan, marking nearly a tenfold increase [1]. - The company announced a trading suspension starting November 14, 2025, for up to three trading days to investigate the stock price fluctuations [1][4]. Group 2: Company Background and Financial Status - *ST Dongyi primarily engages in comprehensive home decoration services, including design, construction, and product supply [5]. - The company has faced ongoing operational challenges, with negative net assets reported for the end of 2024 and three consecutive years of negative net profit [6]. - In 2024, *ST Dongyi's revenue was 1.296 billion yuan, a decrease of 55.84% year-on-year, and a net loss of 1.171 billion yuan, a significant decline of 461.88% compared to the previous year [15]. Group 3: Restructuring Efforts - The company initiated pre-restructuring work in October 2024, with 40 potential investors expressing interest, ultimately selecting Beijing Huazhu Technology Co., Ltd. as the restructuring investor [7][9]. - Huazhu Technology aims to leverage its resources to assist *ST Dongyi in expanding its data center integration and computing power services, while maintaining focus on its core home decoration business [11]. Group 4: Risks and Uncertainties - The restructuring process remains uncertain, as the company has not yet received court approval for its restructuring application [10]. - If the restructuring is not completed by December 31, 2025, *ST Dongyi risks being delisted [10][19]. - The success of the restructuring and the potential integration of new business lines depend on various factors, including regulatory compliance and market conditions [13][18].