（文章来源：第一财经） ST新华锦公告，因公司在责令改正规定期限（2026年2月25日前）届满前未完成整改，根据相关规定， 公司股票将自2026年2月26日开市起停牌，预计停牌时间不超过2个月。若公司在停牌期限内完成整改， 公司股票将复牌。若公司在停牌期限内未完成整改，上交所将对公司股票实施退市风险警示，公司股票 将复牌。复牌后两个月内仍未完成整改的，上交所将决定终止公司股票上市交易。公司于2025年8月25 日收到中国证券监督管理委员会青岛监管局出具的《关于对山东新华锦国际股份有限公司、新华锦集团 有限公司、张建华采取责令改正措施的决定》，截至2025年半年度报告披露日，新华锦集团及其关联方 非经营性占用公司资金余额4.06亿元，所有占用资金应在收到《行政监管措施决定书》之日起六个月内 归还。 ...

证券代码：600735 证券简称：ST 新华锦 公告编号：2026-021 山东新华锦国际股份有限公司 关于无法在责令改正期限内完成资金占用整改 暨公司股票停牌的公告 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。 二、未完成整改的影响 重要内容提示： 证券停复牌情况：适用 因山东新华锦国际股份有限公司（以下简称"公司"）在责令改正规定期限（2026 年 2 月 25 日前）届满前未完成整改，根据《上海证券交易所股票上市规则》（2025 年 4 月修订）第 9.4.1 条等相关规定，公司股票将自 2026 年 2 月 26 日开市起停牌， 预计停牌时间不超过 2 个月。公司股票停复牌情况如下： | 证券代码 | 证券简称 | | 停复牌类型 | | 停牌起始日 | 停牌 期间 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 600735 | ST | 新华锦 | A 股 | 停牌 | 2026/2/26 | | | | 公司于 ...

Core Viewpoint - ST Xinhua Jin announced that due to the company's failure to complete the required rectification before the deadline (February 25, 2026), its stock will be suspended from trading starting February 26, 2026, with an expected suspension period of no more than two months [1] Summary by Category - **Company Announcement** - ST Xinhua Jin has not completed the necessary rectification within the stipulated timeframe [1] - The stock suspension will commence on February 26, 2026, and is anticipated to last no longer than two months [1]

Core Viewpoint - Shandong Xinhua Jin International Co., Ltd. is facing significant financial and operational challenges due to the non-repayment of funds by its controlling shareholder, Xinhua Jin Group, which may lead to stock suspension and delisting risks [2][4][12] Group 1: Financial Issues - As of the announcement date, Xinhua Jin Group and its affiliates have returned 0 yuan of the 406 million yuan in non-operational funds they occupied, with no specific solution for repayment determined [2][4] - The deadline for rectification of the fund occupation is set for February 25, 2026, after which the company's stock may be suspended if the issue is not resolved [4][12] Group 2: Legal and Regulatory Actions - The company received an administrative regulatory decision from the Qingdao Securities Regulatory Bureau on August 25, 2025, mandating the return of occupied funds within six months [2][4] - Xinhua Jin Group has been declared bankrupt, which raises concerns about the recovery of the occupied funds, classified as ordinary debts with a low recovery rate [3][12] Group 3: Stock Suspension Risks - If the company fails to recover the occupied funds by the deadline, its stock will be suspended from trading starting February 26, 2026, for a period not exceeding two months [4][12] - Continued failure to rectify the situation may lead to delisting warnings and eventual termination of stock trading [4][12] Group 4: Acquisition and Related Transactions - The company agreed to acquire 100% of Shandong Xinhua Jin New Materials Technology Co., Ltd. for 161.1557 million yuan, which was later adjusted to 160.8156 million yuan due to a loss during the transition period [9][10] - Xinhua Jin Group is required to repurchase the acquired shares due to failure to obtain necessary operational licenses by December 31, 2025, but has not fulfilled the payment obligations for the repurchase [11][12]

证券代码：600735 证券简称：ST新华锦 公告编号：2026-020 山东新华锦国际股份有限公司 关于控股股东、间接控股股东破产重整的进展公告 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。 山东新华锦国际股份有限公司（以下简称"公司"）于 2026 年 1 月 20 日获悉， 山东省青岛市市南区人民法院已裁定受理公司控股股东山东鲁锦进出口集团有 限公司（以下简称"鲁锦集团"）、间接控股股东新华锦集团有限公司（以下简称 "新华锦集团"）的破产重整申请，具体内容详见公司于 2026 年 1 月 20 日发布的 《山东新华锦国际股份有限公司关于控股股东、间接控股股东被法院裁定受理破 产重整的公告》（公告编号：2026-007）。 根据鲁锦集团及新华锦集团破产重整的相关进展，现将最新情况公告如下： 一、破产重整的进展情况 （一）控股股东破产重整进展 1、青岛市市南区人民法院于 2026 年 2 月 11 日作出（2026）鲁 0202 破 5 号 的《决定书》，指定山东鲁锦进出口集团有限公司清算组担任管理人（以下简称 "鲁锦集团 ...

Group 1 - The core point of the article is that ST Xinhua Jin's controlling shareholder, Shandong Lujin Import and Export Group Co., Ltd., and indirect controlling shareholder, Xinhua Jin Group Co., Ltd., have had their bankruptcy reorganization application accepted by the Qingdao City South District People's Court in Shandong Province [2] - Creditors are required to declare their claims to the administrator by March 14, 2026, with the first creditors' meeting scheduled for March 20, 2026 [2] - As of the announcement date, Xinhua Jin Group and its affiliates have not repaid 406 million yuan of non-operating funds occupied by the company, which will be declared as claims in the bankruptcy process [2] Group 2 - The company's production and operations are currently normal, but there is uncertainty regarding whether control will change [2]

关于收购山东新华锦新材料科技有限公司100%股权涉及 采矿权暨关联交易的进展公告 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。 一、交易概述 山东新华锦国际股份有限公司（以下简称"公司"）分别于 2023 年 6 月 21 日和 7 月 7 日召开了第十三届董事会第五次会议及 2023 年第一次临时股东大会，审议通过 了《关于收购山东新华锦新材料科技有限公司 100%股权涉及采矿权暨关联交易的议 案》，同意公司以自有资金 16,115.57 万元向关联方新华锦集团有限公司（以下简称"新 华锦集团"）收购其持有的山东新华锦新材料科技有限公司（以下简称"标的公司"） 100%股权（以下简称"本次交易"），具体内容详见公司于 2023 年 6 月 22 日发布的《山 东新华锦国际股份有限公司关于收购山东新华锦新材料科技有限公司 100%股权涉及 采矿权暨关联交易的公告》（公告编号：2023-025）。 根据中天运会计师事务所（特殊普通合伙）出具的《关于山东新华锦新材料科技 有限公司过渡期损益情况的专项审计报告》（中天运[2023] ...

证券代码：600735 证券简称：ST新华锦 公告编号：2026-018 山东新华锦国际股份有限公司 关于资金占用责令改正进展暨公司股票可能停牌的风险 提示公告 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： 山东新华锦国际股份有限公司（以下简称"公司"）责令改正事项的期限将于 2026 年 2 月 25 日届满。截至本公告披露日，公司间接控股股东新华锦集团有限公司（以下 简称"新华锦集团"）及其关联方累计归还占用资金 0 元。公司如未在期限届满前完 成整改，公司股票预计将自 2026 年 2 月 26 日起被上交所实施停牌，停牌期限不超 过 2 个月。提醒投资者充分关注公司股票停牌、被实施退市风险警示等退市相关风 险。 公司于2025 年8 月25 日收到中国证券监督管理委员会青岛监管局（以下简称"青 岛证监局"）出具的《关于对山东新华锦国际股份有限公司、新华锦集团有限公司、 张建华采取责令改正措施的决定》（【2025】11 号）（以下简称"《行政监管措施决 定书》"），截至 2025 年半年度报告披露日，新 ...

Core Viewpoint - ST Xinhua Jin announced that the deadline for rectification of the company will expire on February 25, 2026, and if the company fails to complete the rectification by this date, its stock is expected to be suspended from trading starting February 26, 2026, for a period not exceeding two months [2] Group 1 - The indirect controlling shareholder, Xinhua Jin Group Co., Ltd., and its affiliates have returned a total of 0 yuan of occupied funds as of the announcement date [2] - Investors are reminded to pay close attention to the risks associated with stock suspension and delisting warnings [2]

Group 1 - The company ST Xinhua Jin (600735) is facing multiple pressures including a deadline for rectification due to fund occupation issues and an increased risk of delisting [1][2] - The indirect controlling shareholder, Xinhua Jin Group, and its related parties have a non-operational fund occupation balance of 406 million yuan, with a cumulative repayment amount of 0 yuan as of February 4, 2026 [1] - The rectification deadline is set to expire on February 25, 2026, and if not completed, the company's stock is expected to be suspended from trading starting February 26, 2026 [1][2] Group 2 - According to the Shanghai Stock Exchange rules, if the company fails to rectify within two months after suspension, it will face a delisting risk warning (ST), and if it remains unrectified for another two months, it may terminate its listing [2] - On February 4, 2026, the company announced a transfer of 40 million shares of Huajin Shanghang Fund at a price of 0 yuan, reducing its holding ratio to 19.996%, and stated that this move aims to focus on its main business [3] - The company expects a net profit attributable to shareholders of -142 million to -95 million yuan for 2025, indicating a loss primarily due to asset impairment testing [4] Group 3 - The indirect controlling shareholder, Xinhua Jin Group, has been ruled by the court to undergo bankruptcy reorganization, which may affect the stability of the company's control and the resolution of fund occupation issues, posing a risk of low recovery rates for fund recovery [5] - Due to issues related to the disclosure of fund occupation information, lawyers have indicated that investors who bought and held or sold stocks between May 8 and August 26, 2025, may have the right to claim compensation, with related recruitment still ongoing [5]