证券代码：600288 证券简称：大恒科技 编号：临 2025-049 大恒新纪元科技股份有限公司 关于召开 2025 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大 遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间：2025 年 10 月 20 日（星期一）13:00-14:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 大恒新纪元科技股份有限公司（以下简称"公司"）已于 2025 年 8 月 23 日 发布公司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度经营成果、财务状况，公司计划于 2025 年 10 月 20 日（星期一） 13:00-14:00 举行 2025 年半年度业绩说明会，就投资者关心的问题进行交流。 会议召开方式：上证路演中心网络互动 会议问题征集：投资者可于 2025 年 10 月 13 日（星期一）至 10 月 17 日 （星期五）16:00 前登 ...

不过，基于第一大股东及其一致行动人持股9.26%，但无法单独决定董事会半数以上成员选任，也难以 对股东大会决议产生重大影响等原因，大恒科技表示，公司将变更为无控股股东、无实际控制人。 徐翔之母郑素贞所持股权被拍卖两个半月后，大恒科技（600288）（SH600288，股价14.12元，市值 61.68亿元）正式变更为无实际控制人状态。 10月10日晚间，大恒科技发布公告称，郑素贞所持股份已通过山东产权交易中心进行公开拍卖，对应股 权已于今年8月8日完成过户登记。随着郑素贞退出，自然人李蓉蓉成为第一大股东，与其一致行动人周 正昌合计持有4046万股。 《每日经济新闻》记者注意到，除了公告实际控制人变更外，此次大恒科技还进一步披露了8位买家的 资金来源等信息。 披露8位买家资金来源 今年7月下旬，备受外界关注的徐翔之母郑素贞所持大恒科技股权被拍卖。8月4日晚间，大恒科技披露 拍卖结果：郑素贞所持有的大恒科技1.3亿股股份最终被7位自然人以及1家公司竞得，分别是：李蓉蓉 （2746万股）、中国新纪元有限公司（1800万股）、王晓平（1800万股）、杨润中（1800万股）、傅泽 远（1730万股）、周正昌（1300万 ...

针对此次股权变动，上海证券交易所曾下发监管工作函，重点关注各竞拍人的资金来源及相互关系。根 据公司回复及北京海润天睿律师事务所出具的专项法律意见，从资金构成来看，8位买受人合计17.12亿 元的竞买资金中，既有自有资金也有部分自筹资金：李蓉蓉3.62亿元竞买资金中，2.42亿元为自有资 金，1.2亿元来自自然人周建波的自筹借款，借款期限1年、年利率9%；周正昌1.71亿元资金全部为家庭 自有资金，部分来自兄弟姐妹之子女的转账；王晓平2.37亿元资金包含2.04亿元自有资金和3300万元自 筹款，自筹部分来自自然人徐柏平，借款期限1年、年利率5%；傅泽远2.28亿元资金中，8486.41万元为 自有资金，1.43亿元为自筹款，分别来自张磊（2500万元）、黄柯杰（1.18亿元），借款期限均为1年、 年利率12%；黄鹂1.26亿元资金中，900万元来自曹文洁、5800万元来自林辉挺，借款期限1年、年利率 10%；华锦洲1.13亿元资金包含2727.35万元自有资金和8600万元自筹款，自筹部分来自许晓阳，借款期 限1年、年利率4.5%；杨润中2.37亿元资金全部为家庭自有资金，来自其父亲转账；中国新纪元2.37亿 ...

Core Viewpoint - The judicial auction of approximately 130 million unrestricted circulating shares held by Zheng Suzhen, the controlling shareholder of Daheng Technology, marks the end of the Xu Xiang family's involvement in the A-share market, leading to the company becoming "ownerless" [1][3][12]. Group 1: Company Ownership Changes - Daheng Technology announced that Zheng Suzhen has completely exited the company, resulting in a change of control to a state with no controlling shareholder or actual controller [3][4]. - The auction was completed with a total transaction price of approximately 1.712 billion yuan, with the new shareholders including seven individuals and one corporate entity, China New Era [1][3]. Group 2: Background of New Shareholders - Li Rongrong has become the largest shareholder of Daheng Technology, holding 40.46 million shares, which is 9.26% of the total share capital, with funding sources including 242 million yuan of personal funds and 120 million yuan of self-raised funds [3][4]. - China New Era, the only corporate buyer, provided approximately 237 million yuan for the auction, all from its own funds [4][7]. Group 3: Financial Implications and Market Reactions - The financing costs for some new shareholders are notably high, with borrowing rates reaching up to 12%, raising concerns about the financial stability of the new ownership structure [5][6]. - Analysts suggest that the absence of a controlling shareholder may lead to instability in control and potential shareholder disputes, necessitating stronger governance mechanisms [5][6]. Group 4: Company Performance and Future Plans - Daheng Technology has experienced a decline in net profit for three consecutive years, with a reported loss of 2.7405 million yuan in the first half of the current year [8]. - The company plans to establish a wholly-owned subsidiary in Shanghai with an investment of 600 million yuan to engage in semiconductor-related auxiliary equipment business, aiming to enhance its strategic development [8].

10月10日晚间，大恒科技公告称，郑素贞所持股份已通过山东产权交易中心进行公开拍卖，对应股权已 于今年8月8日完成过户登记。随着郑素贞退出，自然人李蓉蓉成为第一大股东，与其一致行动人周正昌 合计持有4046万股。 不过，基于第一大股东及其一致行动人持股9.26%，但无法单独决定董事会半数以上成员选任，也难以 对股东大会决议产生重大影响等原因，大恒科技表示，公司将变更为无控股股东、无实际控制人。 《每日经济新闻》注意到，除了公告实控人变更外，此次大恒科技还进一步披露了8位买家的资金来源 等信息。 资金来源：自有资金+高息借钱 名字曾多次出现在徐翔相关公司中 今年7月下旬，备受外界关注的徐翔之母郑素贞所持大恒科技股权被拍卖。8月4日晚间，大恒科技披露 拍卖结果：郑素贞所持有的大恒科技1.3亿股股份最终被7位自然人以及1家公司竞得，分别是：李蓉蓉 （2746万股）、中国新纪元有限公司（1800万股）、王晓平（1800万股）、杨润中（1800万股）、傅泽 远（1730万股）、周正昌（1300万股）、黄鹂（960万股）、华锦洲（860万股）。 其中，李蓉蓉因其疑似宁波海关中干的身份引起外界关注，但据每经记者了解，其并非 ...

Core Viewpoint - The auction of shares held by Zheng Suzhen, mother of Xu Xiang, has resulted in Daheng Technology (600288.SH) transitioning to a state without a controlling shareholder, following the completion of the share transfer on August 8. The new largest shareholder is Li Rongrong, who, along with her concerted actor Zhou Zhengchang, holds a combined 9.26% of the shares, insufficient to influence board decisions or shareholder resolutions significantly [2][3]. Shareholder Changes - Zheng Suzhen's 130 million shares were auctioned off to seven individuals and one company, with Li Rongrong acquiring 27.46 million shares, making her the largest shareholder [3]. - The auction results revealed that the new shareholders, including Li Rongrong and Zhou Zhengchang, do not have the ability to control the board or make significant decisions due to their limited shareholding [2][3]. Funding Sources - Li Rongrong's total investment in the auction was 362 million yuan, with 242 million yuan from personal funds and 120 million yuan sourced from high-interest loans [4][5]. - Zhou Zhengchang's investment of 171 million yuan was entirely from family funds, with his personal contribution being approximately 32,740 yuan after accounting for contributions from relatives [5]. High-Interest Borrowing - Several auction participants, including Li Rongrong, opted for high-interest loans to finance their bids, with interest rates reaching as high as 12% [5]. - The rationale for such borrowing was explained by Daheng Technology, indicating that the buyers did not gain control of the company and thus could not apply for acquisition loans, leading to reliance on high-interest financing [5]. Relationship with China New Era - The involvement of China New Era, the former controlling shareholder, played a significant role in the auction process, as they represented the interests of the buyers during the bidding [6]. - The buyers, including Fu Zeyuan, were informed about the auction through connections to China New Era, indicating a potential influence on the auction dynamics [6]. Future Business Plans - Following the transition to a no-controlling-shareholder status, Daheng Technology announced plans to invest 600 million yuan to establish a wholly-owned subsidiary focused on the semiconductor industry, despite lacking prior experience or resources in this field [7]. - The parent company, China New Era, holds a significant stake in Ningbo Electronic Information Group, which possesses semiconductor-related assets, suggesting potential synergies or strategic alignments in future business endeavors [8].

徐翔之母郑素贞所持股权被拍卖两个半月后，大恒科技（600288.SH，股价14.12元，市值61.68亿元） 正式变更为无实控人状态。 10月10日晚间，大恒科技公告称，郑素贞所持股份已通过山东产权交易中心进行公开拍卖，对应股权已 于今年8月8日完成过户登记。随着郑素贞退出，自然人李蓉蓉成为第一大股东，与其一致行动人周正昌 合计持有4046万股。 不过，基于第一大股东及其一致行动人持股9.26%，但无法单独决定董事会半数以上成员选任，也难以 对股东大会决议产生重大影响等原因，大恒科技表示，公司将变更为无控股股东、无实际控制人。 对于高利率借款的合理性，大恒科技解释称：该等买受人参与司法拍卖，并未取得上市公司控制权，故 无法申请并购贷款；借款需求提出、银行内部审批、合同签署到借款资金到位所需时间周期较长，无法 解决前述买受人的短期资金需求；相关融资成本与民间借贷的利率水平相当。 《每日经济新闻》注意到，除了公告实控人变更外，此次大恒科技还进一步披露了8位买家的资金来源 等信息。 资金来源：自有资金+高息借钱 名字曾多次出现在徐翔相关公司中 今年7月下旬，备受外界关注的徐翔之母郑素贞所持大恒科技股权被拍卖。8月4 ...

徐翔之母郑素贞所持股权被拍卖两个半月后，大恒科技8.SH，股价14.12元，市值61.68亿元）正式变更为无实控人状态。 名字曾多次出现在徐翔相关公司中 今年7月下旬，备受外界关注的徐翔之母郑素贞所持大恒科技股权被拍卖。8月4日晚间，大恒科技披露拍卖结果：郑素贞所持有的大恒科技1.3亿股股份最 终被7位自然人以及1家公司竞得，分别是：李蓉蓉（2746万股）、中国新纪元有限公司（1800万股）、王晓平（1800万股）、杨润中（1800万股）、傅泽 远（1730万股）、周正昌（1300万股）、黄鹂（960万股）、华锦洲（860万股）。 其中，李蓉蓉因其疑似宁波海关中干的身份引起外界关注，但据每经记者了解，其并非宁波海关中干。 8月5日，《每日经济新闻》记者几经辗转，从接近李蓉蓉的知情人士处获悉，大恒科技公告披露的内容实际上并不准确：首先，李蓉蓉仅为金海后勤的合 同制员工，并非所谓"中层干部"。金海后勤虽然是宁波海关后勤管理中心的全资子公司，但公司员工并非有"编制"的公职人员，并不存在"中层干部"一 说。考虑到所签署劳务合同的性质，李蓉蓉在进行资本布局时，实际也并不需要向金海后勤及更上层的单位报备。其次，李蓉蓉告诉 ...

受徐翔案牵连十年的大恒科技（600288.SH）股权悬念终于落地，公司昨晚宣布，实控人由郑素贞（徐 翔母亲）变更为"无主"，李蓉蓉、周正昌合计持股9.26%，为公司第一大股东及一致行动人。 这一变动源于郑素贞所持股份近期正式被司法拍卖：经过501次激烈报价、溢价60%，最终17.1亿成 交，被8位竞买人竞得。而部分竞买人身份神秘，且被指与徐翔家族存在隐约关联，相关争议持续发 酵。 随着昨天公司同步披露上交所监管工作函回复，核心疑问首次得到正面回应。这其中，过半竞买人不惜 高息举债入局、最具争议的第一大股东李蓉蓉的资金来源，以及新股东入场后公司火速推动半导体跨界 背后的潜在风险等关键信息也随之浮出水面。 竞买人集体声明无代持，三人高息举债入局 在过去八年，受徐翔案牵连，大恒科技的控股股东、实控人郑素贞（徐翔母亲）所持股份（29.75%） 的走向一直悬而未决，由于近期郑素贞的股份正式进入司法拍卖程序，即将影响大恒科技控制权，此事 将市场关注度推向高潮。 此轮关注的焦点在于，8位竞买人激烈竞拍，报价高达501次，溢价60%（起拍价12.1亿、成交价17.1 亿），买受人身份引发外界高度好奇。 | 转让方 | 受让方 ...

Group 1: Government and Regulatory Updates - The State Council Information Office will hold a press conference on October 11 to discuss the achievements in high-quality development during the 14th Five-Year Plan period, focusing on urban and rural construction [1] - The Ministry of Industry and Information Technology (MIIT) is soliciting opinions on a draft notice to conduct commercial trials for satellite IoT services, aimed at supporting the healthy development of emerging industries like commercial aerospace and low-altitude economy [3] - The Financial Regulatory Bureau has issued a notice to strengthen the regulation of non-auto insurance businesses, focusing on issues like optimizing assessment mechanisms and improving underwriting and claims services [2] Group 2: Company News and Financial Performance - New Lai Fu plans to acquire 100% equity of Jin Nan Magnetic Materials for 1.054 billion yuan, which is expected to constitute a major asset restructuring [5] - Jin Ling Mining reported a net profit of 220 million yuan for the first three quarters, a year-on-year increase of 47.09% [6] - North Rare Earth expects a net profit of 1.51 billion to 1.57 billion yuan for the first three quarters, representing a year-on-year growth of 272.54% to 287.34% [6] - China Energy Construction announced that its joint venture has signed three renewable energy contracts worth approximately 2.745 billion USD, equivalent to about 19.554 billion yuan [8] - China Power Construction has signed contracts for two solar projects in Saudi Arabia, with a total contract value of approximately 117.19 billion yuan [8]