截至12月3日，三人行的股价为30.27元/股，最新市值63.81亿元。 出品｜达摩财经 12月1日，三人行（605168.SH）发布公告称，公司控股股东青岛多多行投资有限公司，实控人钱俊 冬、崔蕾及其一致行动人华软动力计划合计向严建亚转让所持公司约1686.54万股股份，交易双方已经 签署了股权转让协议。 本次转让的股份约占公司总股本的8%，转让完成后，严建亚将跃居三人行第二大股东。上述一致行动 人的合计持股将从53.88%降至45.88%，钱俊冬、崔蕾夫妇仍为三人行的实际控制人。 公告显示，此次股权转让价格为26.76元/股，较协议签署前一交易日的收盘价折价约10%，交易总价款 约为4.51亿元。 值得一提的是，钱俊冬、崔蕾此前已通过员工持股平台泰安众行在二级市场套现了不少股票。今年9 月，泰安众行多次通过集合竞价和大宗交易方式进行减持，减持股份约占总股本的2.63%，粗略计算套 现金额约1.7亿元。 虽然三人行的主业与严建亚的投资领域并无太多交集，但二者实际上早就进行过合作。 早在2021年，三角防务便联合三人行，共同出资1亿元设立了西安三航众行新材料合伙企业（有限合 伙），主投航空先进材料。但次年1月 ...

交易完成后，严建亚将成为三人行第二大股东，持股比例仅次于控股股东方。 值得一提的是，作为新晋陕西首富，严建亚、范代娣夫妇在2025年10月发布的胡润百富榜中以457亿元财富登顶陕西，其背后是以巨子生物和三角 防务为核心，横跨生物科技、航空航天与大消费等赛道的多元化产业布局。 （原标题：陕西首富夫妇蒙掷4.5亿，名下再添一家A股公司） 问鼎陕西首富后，严建亚夫妇开启新一轮资本布局。 近日，A股整合营销服务商三人行（605168.SH）披露公告，公司控股股东、实际控制人及一致行动人拟将其持有的8%公司股份，以4.5亿元总价 协议转让予知名产业投资人严建亚。 ...

问鼎陕西首富后，严建亚夫妇开启新一轮资本布局。 近日，A股整合营销服务商三人行（605168）(605168.SH)披露公告，公司控股股东、实际控制人及一致行动人拟将其持有的8%公司股份，以4.5亿元总价 协议转让予知名产业投资人严建亚。 交易完成后，严建亚将成为三人行第二大股东，持股比例仅次于控股股东方。 值得一提的是，作为新晋陕西首富，严建亚、范代娣夫妇在2025年10月发布的胡润百富榜中以457亿元财富登顶陕西，其背后是以巨子生物和三角防务 （300775）为核心，横跨生物科技、航空航天与大消费等赛道的多元化产业布局。 本次受让三人行股权，是严建亚在A股市场构建协同型资本矩阵的又一关键落子。该交易不仅反映出其进一步整合产业资源、强化投融联动的战略意图， 也为市场观察这位"首富级"投资人的资本运作逻辑提供了重要窗口。 从业务交集到资本联姻 严建亚此次斥资4.5亿元战略入股三人行，表面看是一次高折价的协议转让交易，但其背后交织的业务关联与资本往来，使得这次"联姻"充满了产业协同 的战略意味。 根据公告，此次股权转让旨在为三人行引入重要战略投资者，优化股权结构。转让完成后，第二大股东的位置，无疑为严建亚参与公 ...

编辑丨高梦阳 问鼎陕西首富后，严建亚夫妇开启新一轮资本布局。 近日，A股整合营销服务商三人行（605168.SH）披露公告，公司控股股东、实际控制人及一致行动人拟将其持有的8%公司股份，以4.5亿元总 价协议转让予知名产业投资人严建亚。 | | | A STATURATS RECOUNT FOR A NATE VE 本次转让前 | | 本次变动 | | 本次转让后 | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 股东名称 | | | | | | | | | | 转让前持股 | 转让前持 | 转让股份数 | 转让股 | 转让后持股 | 转让后持 | | | | | 股 比例 | | 份比例 | | 股 比 例 | | | | 数量(股) | (%) | 量(股) | (%) | 数量(股) | (%) | | | 青岛多多行投资 | 56.214.292 | 26.66% | 7.155.241 | 3.39% | 49.059.051 | 23.27% | | | 有限公司 | | | | | | | | | 钱俊冬 | 25,643,568 ...

问鼎陕西首富后，严建亚夫妇开启新一轮资本布局。 近日，A股整合营销服务商三人行（605168.SH）披露公告，公司控股股东、实际控制人及一致行动人 拟将其持有的8%公司股份，以4.5亿元总价协议转让予知名产业投资人严建亚。 交易完成后，严建亚将成为三人行第二大股东，持股比例仅次于控股股东方。 2023年11月，三人行通过旗下合伙企业成功出售所持巨子生物股票，成交价约2亿元，实现投资收益超 过1500万元。这笔成功的投资退出案例，为三人行带来了可观利润，更证明了双方在资本层面早已互相 信任。 而更深一层的资本纽带，体现在严建亚主导的私募投资机构——三元资本。 时间回溯至2022年4月，三人行官宣，与三元玖运（海南）创业投资有限公司（即三元资本）共同发起 设立苏州速玟企业管理合伙企业（有限合伙）。 其中，合伙企业规模2.2001亿元，其中三人行出资2.2亿元。而虽然三元资本仅出资1万元，仍担任了执 行事务合伙人，负责基金的投资、运营与管理。 值得一提的是，作为新晋陕西首富，严建亚、范代娣夫妇在2025年10月发布的胡润百富榜中以457亿元 财富登顶陕西，其背后是以巨子生物和三角防务为核心，横跨生物科技、航空航天与 ...

问鼎陕西首富后，严建亚夫妇开启新一轮资本布局。 近日，A股整合营销服务商三人行（605168）(605168.SH)披露公告，公司控股股东、实际控制人及一致行动人拟将其持有的8%公司股份，以 4.5亿元总价协议转让予知名产业投资人严建亚。 交易完成后，严建亚将成为三人行第二大股东，持股比例仅次于控股股东方。 值得一提的是，作为新晋陕西首富，严建亚、范代娣夫妇在2025年10月发布的胡润百富榜中以457亿元财富登顶陕西，其背后是以巨子生物和 三角防务（300775）为核心，横跨生物科技、航空航天与大消费等赛道的多元化产业布局。 本次受让三人行股权，是严建亚在A股市场构建协同型资本矩阵的又一关键落子。该交易不仅反映出其进一步整合产业资源、强化投融联动的 战略意图，也为市场观察这位"首富级"投资人的资本运作逻辑提供了重要窗口。从业务交集到资本联姻 严建亚此次斥资4.5亿元战略入股三人行，表面看是一次高折价的协议转让交易，但其背后交织的业务关联与资本往来，使得这次"联姻"充满 了产业协同的战略意味。 根据公告，此次股权转让旨在为三人行引入重要战略投资者，优化股权结构。转让完成后，第二大股东的位置，无疑为严建亚参与公司 ...

Core Viewpoint - The company is introducing a strategic investor to optimize its shareholding structure and address declining performance, with the actual controllers planning to sell approximately 16.87 million shares at a discount to raise funds [1][2][6]. Group 1: Share Transfer Details - The controlling shareholder, Qingdao Duoduo, and actual controllers Qian Jundong and Cui Lei plan to transfer about 16.87 million shares to Yan Jianya at a price of 26.76 CNY per share, which is approximately 10% lower than the previous closing price of 29.73 CNY [1][3]. - After the transfer, Yan Jianya will hold 8% of the company's shares, becoming a significant shareholder, while the controlling stake of Qingdao Duoduo and its associates will decrease to 45.88% [2][3]. Group 2: Financial Performance - The company has faced declining revenues and profits, with projected revenues of 52.84 billion CNY and 42.08 billion CNY for 2023 and 2024, respectively, representing year-on-year declines of 6.54% and 20.35% [6][7]. - For the first three quarters of 2025, the company reported revenues of 25.69 billion CNY and a net profit of 1.44 billion CNY, continuing the downward trend with declines of 16.72% and 20.48% year-on-year [7][8]. Group 3: Strategic Intentions - The introduction of Yan Jianya is aimed at leveraging his extensive industry resources and investment experience to help the company navigate its current challenges and explore new business opportunities [8][9]. - The company is focusing on integrating AI technology into its marketing services and expanding into new sectors to enhance its competitive position [6][8].

Core Viewpoint - Chairman Yan Jianya of Triangle Defense plans to acquire an 8% stake in Sanrenxing for approximately 451 million yuan, becoming the second-largest shareholder of the company [1][2]. Group 1: Share Transfer Details - The share transfer agreement involves the transfer of approximately 16.87 million unrestricted shares at a price of 26.76 yuan per share, totaling around 451 million yuan [2]. - The transfer price represents a discount of about 14.2% compared to Sanrenxing's closing price of 31.19 yuan per share on December 1 [2][6]. - After the transfer, the controlling shareholder Qingdao Duoduo and its concerted parties will hold 96.73 million shares, accounting for 45.88% of the total share capital, while Yan Jianya will hold 8% [6]. Group 2: Strategic Implications - The share transfer is aimed at optimizing the equity structure of Sanrenxing and introducing a significant strategic investor [2][7]. - Yan Jianya is recognized as a seasoned entrepreneur and investor with extensive experience across various sectors, including advanced equipment manufacturing and biotechnology [5][14]. - Sanrenxing plans to leverage the resources of its strategic shareholders to expand its business ecosystem and enhance its competitive strength [7]. Group 3: Historical Context and Future Prospects - This acquisition marks a deeper collaboration between Triangle Defense and Sanrenxing, following previous joint ventures in the advanced materials sector [9][14]. - Sanrenxing has been actively investing in hard technology sectors and plans to establish a wholly-owned subsidiary focused on computing power leasing [13]. - The partnership is expected to create synergies, enhancing both companies' capabilities in the hard technology investment landscape [14].

Core Viewpoint - The announcement details a share transfer agreement involving the company, where a total of 16,865,359 shares, representing 8% of the company's total equity, will be transferred to Yan Jianya at a price of RMB 26.76 per share [1][2]. Group 1: Share Transfer Agreement - The share transfer agreement was signed on November 30, 2025, between the transferors, including Qingdao Duoduo Investment Co., Ltd., and the transferee, Yan Jianya [1][2]. - The total cash consideration for the share transfer amounts to RMB 451,317,006.84, with specific amounts allocated to each transferor [2]. - After the transfer, Yan Jianya will hold 8% of the company's shares and has committed not to reduce his holdings for 12 months following the transfer [2][3]. Group 2: Impact on Company Structure - The share transfer will not result in a change of control for the company and does not involve a takeover bid [3]. - The company emphasizes that the transfer will not significantly impact its governance structure or ongoing operations [3]. Group 3: Previous Shareholder Actions - Prior to this transfer, Yan Jianya did not hold any shares in the company, and this transaction marks his entry as a significant shareholder [2]. - The company previously disclosed a share reduction plan by its employee stock ownership platform, which involved a total reduction of 6,324,508 shares, or 3% of the total equity [3][4]. - The employee stock ownership platform, Tai'an Zhongxing Investment Partnership, reduced its holdings through both centralized bidding and block trading, totaling RMB 164 million [4]. Group 4: Company Background - The company was listed on the Shanghai Stock Exchange on May 28, 2020, with an initial issuance of 17.266 million shares at a price of RMB 60.62 per share [4]. - The total funds raised from the initial public offering amounted to RMB 1.047 billion, with net proceeds of RMB 988 million allocated for various expansion projects [5].

新京报贝壳财经讯 12月1日，三人行发布公告称，公司控股股东青岛多多行投资有限公司、实控人钱俊 冬、崔蕾及一致行动人北京华软新动力私募基金管理有限公司（合并简称"转让方"）与严建亚（简 称"受让方"）签署了《股份转让协议》，约定转让方将其合计持有的公司1686.54万股无限售条件流通 股（占公司总股本的8%）协议转让给受让方，转让单价为每股26.76元，合计4.51亿元。此次股份转让 的受让方严建亚，担任上市公司三角防务董事长、巨子生物董事局主席。此次权益变动完成后，严建亚 将成为公司控股股东及其一致行动人之外的第二大股东。 编辑 杨娟娟 ...