Group 1 - The company, Jihua Group, is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, which may lead to potential compensation claims from affected investors [2] - As of August 15, the stock price of Jihua Group was reported at 3.92 yuan per share, with a total trading amount of 8.62 billion yuan and a turnover rate of 5.02% [2] - The company has announced a significant expected net loss for the fiscal year 2024, projecting a net profit attributable to shareholders of the parent company between -4.25 billion yuan and -3 billion yuan, compared to a profit of 1.82 billion yuan in the previous year [3] Group 2 - The anticipated loss is primarily attributed to a downturn in the domestic real estate market, particularly in commercial real estate, and challenges in revitalizing the Jihua Garden project, leading to impairment provisions estimated between -2.25 billion yuan and -1 billion yuan [3] - Revenue is expected to decline by approximately 14% year-on-year due to factors such as delays in major client bidding projects, reduced order volumes, and changes in product standards [4] - The company has reported a significant drop in the operating performance of its affiliated companies and has incurred losses due to litigation failures [4] Group 3 - Jihua Group holds 433 trademark registrations and 14 patent registrations, indicating its focus on intellectual property [5]

Group 1 - On August 14, 2023, Jihua Group had a financing buy of 1.08 billion yuan and a financing repayment of 1.29 billion yuan, resulting in a net repayment of 207.43 million yuan, marking a cumulative net repayment of 1.59 billion yuan over four consecutive days [2] - On August 8, 2023, Jihua Group received a notice from the China Securities Regulatory Commission (CSRC) regarding an investigation for suspected violations of information disclosure laws, leading to a formal case being opened against the company [2] - Investors who suffered losses due to the company's failure to disclose information in a timely and accurate manner can seek compensation, specifically those who purchased shares between the company's listing and the close of trading on August 8, 2025 [2] Group 2 - On December 23, 2024, Jihua Group held its second extraordinary general meeting of 2024, where it approved a plan to repurchase shares through centralized bidding, with a total repurchase fund of no less than 1 billion yuan and no more than 2 billion yuan [3] - As of January 31, 2025, Jihua Group had not yet conducted any share repurchases, but it committed to adhering to relevant regulations and disclosing progress on the repurchase [3] - The company will make repurchase decisions based on market conditions and will fulfill its information disclosure obligations regarding the progress of the share repurchase [3] Group 3 - Jihua Group has a registered capital of 4.392 billion yuan, which exceeds that of over 99% of its peers in Beijing [4]

证券之星消息，8月14日服装家纺板块较上一交易日下跌1.64%，棒杰股份领跌。当日上证指数报收于 3666.44，下跌0.46%。深证成指报收于11451.43，下跌0.87%。服装家纺板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002634 | 棒杰股份 | 4.75 | -5.94% | 17.99万 | 8711.70万 | | 601718 | 际华集团 | 3.88 | -5.13% | 402.60万 | 16.00亿 | | 300591 | 万里马 | 12.33 | -5.01% | 79.59万 | 10.05亿 | | 300005 | 探路者 | 9.22 | -4.65% | 66.70万 | 6.26亿 | | 605003 | 众望布艺 | 22.04 | -4.38% | 2.64万 | 5855.04万 | | 300840 | 酷特智能 | 22.45 | -3.90% | 21.05万 | 4.80亿 | | 002193 | 如意 ...

朋友们，我是帮主郑重。二十年财经江湖，见过太多刀口舔血的教训——最近恒信东方、际华集团接连被立案调查，股价断崖式暴跌（恒信东方单日重挫 18%，际华集团三日跌超20%），持有这两只股的散户，怕是彻夜难眠。今天咱不说虚的，就唠一句硬道理：立案调查股，碰都别碰！ 一、暴跌只是开始，三重绞索在后头 1. 退市利剑高悬 - 强监管时代不留死角：注册制改革后，证监会稽查效率飙升。从立案到退市，最快不过数月（参考科创板欺诈发行第一案）。 - "回本幻想"害死人：际华集团立案前曾因脑机接口传闻暴涨60%，结果公告澄清"不涉主营业务"，打板资金全套牢——题材炒作在监管重拳前，全是泡 沫。 三、君子不立危墙，守住中长线命门 投资不是赌场，稳字当头才是生存铁律。两类股宁可错过： 立案调查不是"走过场"，而是退市倒计时的发令枪。一旦坐实财务造假、信披违法（如恒信东方自曝年报会计差错），直接触发强制退市——看看*ST高鸿 的缩量跌停，就知道什么叫"纸上富贵变废纸"。 2. 信任崩盘连锁反应 银行收紧信贷、大客户终止合作、机构集体撤离——立案后企业信用彻底瓦解。恒信东方五年亏超20亿，际华集团去年巨亏42亿，本就摇摇欲坠的基本面， 经 ...

Group 1 - The core point of the news is that Jihua Group's stock price fell by 7.05% to 4.09 yuan per share following the announcement of an investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws [2] - On August 8, Jihua Group received a notice from the CSRC regarding the initiation of an investigation due to alleged violations of information disclosure, which could lead to legal consequences for the company [2] - A lawyer from Sichuan Dingzhong Law Firm indicated that investors who suffered losses due to the company's failure to disclose information accurately or timely could seek compensation, specifically those who purchased shares between the company's listing and August 8, 2025 [2] Group 2 - On April 27, Jihua Group held the eighth meeting of the sixth supervisory board, where several important resolutions were passed, including the annual work report and financial settlement report for 2024 [3] - The meeting was conducted in accordance with legal regulations and the company's articles of association, ensuring proper governance [3] - Jihua Group's business scope includes management of assets and capital, production and sales of clothing, light textile printing and dyeing, leather goods, rubber products, and investment management in various sectors including medical devices and chemicals [3]

Group 1 - The core issue is that Jihua Group is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, which could lead to legal consequences for the company [2] - On August 12, Jihua Group reported a transaction volume of 3.964 billion yuan, with a net outflow of 663 million yuan from major investors [2] - Investors who suffered losses due to the company's failure to disclose information accurately and timely can seek compensation, specifically those who bought shares between the company's listing and the close on August 8, 2025 [2] Group 2 - The third special meeting of the independent directors of Jihua Group's sixth board was held on April 25, 2025, with all three independent directors present, confirming the legality and validity of the meeting [3] - The meeting unanimously approved several proposals, including those related to the actual and expected amounts of daily related transactions for 2024 and 2025 [3] - Jihua Group has invested in 42 enterprises and participated in 1,364 bidding projects [3]

（编辑 姚尧） 证券日报网讯 8月13日晚间，际华集团发布公告称，公司股票于2025年8月11日、8月12日、8月13日连 续三个交易日收盘价格跌幅偏离值累计达到20%，属于股票交易异常波动情形。经公司自查并向公司控 股股东核实，截至本公告披露日，不存在应予以披露而未披露的重大信息。 ...

上交所公开信息显示，当日该股因日跌幅偏离值达-7.53%上榜，沪股通净买入3438.96万元。 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交4.50亿元，其中，买入成交额为1.75亿 元，卖出成交额为2.75亿元，合计净卖出1.00亿元。 具体来看，今日上榜的营业部中，沪股通为第一大买入营业部及第三大卖出营业部，买入金额为 8271.26万元，卖出金额为4832.30万元，合计净买入3438.96万元。 近半年该股累计上榜龙虎榜8次，上榜次日股价平均跌1.31%，上榜后5日平均跌9.15%。 资金流向方面，今日该股主力资金净流出4.73亿元，其中，特大单净流出4.99亿元，大单资金净流入 2550.76万元。近5日主力资金净流出2.83亿元。 融资融券数据显示，该股最新（8月12日）两融余额为6.61亿元，其中，融资余额为6.58亿元，融券余额 为296.47万元。近5日融资余额合计增加1602.80万元，增幅为2.50%。融券余额合计增加24.94万元，增 幅9.18%。 4月29日公司发布的一季报数据显示，一季度公司共实现营业收入16.31亿元，同比下降37.35%，实现净 利润739.61万 ...

Core Viewpoint - The article emphasizes the significant investment risks associated with companies under investigation, highlighting that once a company is under investigation, it faces severe consequences, including potential delisting and a loss of investor trust [1][2]. Group 1: Impact on Stock Prices - Companies like Hengxin Oriental and Jihua Group experienced substantial stock price declines following the announcement of investigations, with Hengxin Oriental's stock dropping nearly 19% and Jihua Group's stock falling over 20% within three trading days [1][2]. - The negative impact on stock prices is not limited to short-term fluctuations; it can lead to a complete reevaluation of the company's market valuation due to a loss of credibility [1][2]. Group 2: Operational and Financial Risks - The investigation can deteriorate a company's operational situation, affecting its brand influence and stability with suppliers and major clients, which in turn impacts profitability [2]. - Financial institutions may tighten credit limits, adversely affecting the company's financing activities [2]. - Major asset restructuring may be hindered, as companies under investigation may not meet the necessary conditions for issuing shares to purchase assets, leading to potential termination of ongoing restructuring efforts [2]. Group 3: Investor Behavior and Legal Consequences - Following an investigation, some investors may seek to mitigate risks by selling off shares, leading to further stock price declines [2]. - The company may face claims from investors after administrative penalties are imposed, resulting in additional financial burdens that negatively impact profits [2]. Group 4: Risk of Delisting - Companies that encounter severe violations may face mandatory delisting from the A-share market, posing a risk of total loss for investors [3].

在上市公司被立案调查之后，部分投资者会寻求避险操作，选择及时止损，集中抛售也会对上市公司股 价造成较大冲击。而如果有中长期机构投资者离场，上市公司的估值基础会发生动摇，通常会表现为向 下的价值重估。 近日，恒信东方、际华集团接连遭立案调查。强监管时代下，上市公司违法违规行为无处遁形。一旦被 立案调查，上市公司将面临巨大的投资风险，在罚单未落地之前，退市风险时刻存在，投资者的最佳选 择是避而远之。 股票一旦被立案调查，股价将面临巨大冲击。以恒信东方为例，在披露被立案调查公告后的次日，即便 创业板指8月13日大涨3.62%，但公司股票却逆势大跌近19%。无独有偶，际华集团在8月9日披露被立案 调查的公告后，近三个交易日股价累计下跌逾20%。 然而，立案调查的利空影响并不仅仅局限于对股价的短期冲击。在被立案调查之后，上市公司会产生一 系列的利空连锁反应，市场对上市公司的估值逻辑会彻底生变。 在被立案调查之后，上市公司会遭遇严重的信任危机。从被立案调查的类型来看，涉嫌信息披露违法违 规的情形占据绝大多数。在遭立案调查后，投资者会对上市公司曾经披露过的重要公告产生真实性质 疑，上市公司在资本市场的公信力大打折扣，进而成 ...