Financial Performance - The company has been experiencing continuous losses, with significant financial challenges highlighted during the investor relations meeting [1][2][3] - The controlling shareholder holds 185,700,000 shares, accounting for 18.82% of the total share capital [2] - The stock price has dropped approximately 40% over the last 10 days, raising concerns about potential delisting [4][10] Management Responses - The management has implemented cost-cutting measures, including layoffs and salary reductions, to mitigate losses [1][2] - The company is exploring various strategies to improve performance, including asset sales and restructuring [2][3][11] - There is no current plan for major shareholder or executive stock purchases, indicating a cautious approach to market conditions [3][4] Future Outlook - The company has paused investments in the Anhui Jinpu New Energy project, with future investments contingent on market conditions [1][2] - The management is focused on enhancing product differentiation, particularly in high-end titanium dioxide applications [5][11] - The company remains open to potential mergers or acquisitions if suitable opportunities arise [4][5][11] Market Challenges - The company faces significant market pressures, including overcapacity in the titanium dioxide sector, high costs, and intense competition [7][8][12] - Recent market environment changes have contributed to the uncertainty surrounding the company's restructuring efforts [12][15] - The company is actively seeking new opportunities to adapt to the evolving market landscape [11][14]

Group 1 - The core announcement indicates that Jinpu Titanium Industry (000545.SZ) will have its 40.38 million unrestricted circulating shares publicly auctioned due to legal execution requirements [1] - The auction is scheduled to take place from October 27, 2025, to October 28, 2025, on the JD Judicial Auction Network platform [1] - The starting price for the auction is set at 93.83 million yuan, with a minimum bidding increment of 150,000 yuan [1]

Core Viewpoint - Jinpu Titanium Industry (000545) is facing significant financial challenges, including a public auction of shares due to debt disputes, which may impact its control structure and overall stability [1][2]. Group 1: Share Auction and Debt Situation - Jinpu Group will have 40.38 million shares of Jinpu Titanium Industry publicly auctioned on JD's judicial auction platform starting from October 27, 2025, with a starting price of 93.83 million yuan [1]. - The auction is a result of a debt dispute with Ningbo Haiguang Asset Management Co., Ltd., and the court's decision is based on relevant legal provisions [1]. - As of the announcement date, Jinpu Group has pledged 18.57 million shares, representing 100% of its holdings, and 11.53 million shares are frozen, accounting for 62.08% of its holdings and 11.68% of the total share capital [1]. Group 2: Financial Performance - Jinpu Titanium Industry has experienced a continuous decline in revenue over the past three years, with revenues of 2.51 billion yuan, 2.27 billion yuan, and 2.13 billion yuan from 2022 to 2024 [2]. - The company has reported net losses for three consecutive years, with losses of 145 million yuan, 175 million yuan, and 244 million yuan, totaling approximately 560 million yuan in cumulative losses [2]. - In the first half of 2025, the company achieved total revenue of 921 million yuan, a year-on-year decrease of 18.50%, and a net loss of 186 million yuan compared to a loss of 20 million yuan in the same period last year [2]. Group 3: Market Reaction - As of the close on September 25, Jinpu Titanium Industry's stock fell by 5.63%, trading at 2.68 yuan per share, with a total market capitalization of 2.645 billion yuan [3].

Group 1 - The company, Jinpu Titanium Industry, announced on the evening of September 25 that it has no other guarantee matters and no overdue guarantees [2]

证券代码：000545 证券简称：金浦钛业 公告编号：2025－096 金浦钛业股份有限公司 关于公司为下属合营公司提供担保的进展公告 具体内容详见公司分别于2025年2月14日、2025年3月3日在《证 券时报》《中国证券报》及巨潮资讯网（www.cninfo.com.cn）刊登 的《关于2025年度公司及子公司对外担保额度预计的公告》（公告编 号：2025－010）《2025年第一次临时股东大会决议公告》（公告编 号：2025－019）。 二、担保进展情况 因经营需要，公司下属合营公司南京金浦英萨合成橡胶有限公司 向交通银行股份有限公司江苏省分行（以下简称"交通银行"）申请 开具 2000 万元银行承兑汇票。公司为上述承兑汇票的 60%及银行贷 款合计提供最高 4,440 万元的连带责任保证，担保期限至 2026 年 11 月 21 日，并已与交通银行完成了《保证合同》的签署。 本次担保在可用担保额度之内。 三、被担保人基本情况 本公司及董事会全体成员保证公告内容真实、准确和完整，没有 任何虚假记载、误导性陈述或者重大遗漏。 一、担保情况概述 金浦钛业股份有限公司（以下简称"金浦钛业"或"公司"）第 八届 ...

本公司及董事会全体成员保证公告内容真实、准确和完整，没有 任何虚假记载、误导性陈述或者重大遗漏。 特别提示： 1、本次司法拍卖标的为金浦钛业股份有限公司（以下简称"金 浦钛业"或"公司"）控股股东金浦投资控股集团有限公司（以下简 称"金浦集团"）持有的公司 40,375,869 股股份，为无限售流通股， 占其所持公司全部股份的 21.74%，占公司总股本的 4.09%。 2 、 如 本 次 司 法 拍 卖 最 终 成 交 ， 金 浦 集 团 持 有 公 司 股 份 145,324,131 股，占公司总股本的 14.73%，仍为公司控股股东，本次 司法拍卖不会导致公司控制权发生变更。 3 、 截 至 本 公 告 披 露 日 ， 金 浦 集 团 被 质 押 的 股 份 累 计 为 185,700,000 股，占其所持股份数的 100%，占公司总股本的 18.82%； 金浦集团被司法冻结和司法标记的股份累计为 115,275,100 股，占其 所持股份数的 62.08%，占公司总股本的 11.68%。请投资者注意相关 风险。 证券代码：000545 股票简称：金浦钛业 公告编号：2025-095 金浦钛业股份有限公 ...

Market Overview - On September 25, the chemical raw materials sector declined by 0.68% compared to the previous trading day, with Jinpu Titanium Industry leading the decline [1] - The Shanghai Composite Index closed at 3853.3, down 0.01%, while the Shenzhen Component Index closed at 13445.9, up 0.67% [1] Stock Performance - Notable gainers in the chemical raw materials sector included: - Xinjinlu (000510) with a closing price of 5.46, up 5.00% and a trading volume of 781,400 shares [1] - ST Yatai (000691) with a closing price of 10.72, up 5.00% and a trading volume of 173,500 shares [1] - Satellite Chemical (002648) with a closing price of 19.04, up 1.82% and a trading volume of 405,500 shares [1] - Major decliners included: - Jinpu Titanium Industry (000545) with a closing price of 2.68, down 5.63% and a trading volume of 1,526,300 shares [2] - Zhongke Titanium White (002145) with a closing price of 5.45, down 5.55% and a trading volume of 1,557,900 shares [2] - Huiyun Titanium Industry (300891) with a closing price of 9.33, down 4.21% and a trading volume of 130,500 shares [2] Capital Flow - The chemical raw materials sector experienced a net outflow of 353 million yuan from institutional investors, while retail investors saw a net inflow of 116 million yuan [2] - The main capital flow for selected stocks showed: - Xinjinlu (000510) had a net inflow of 68.12 million yuan from institutional investors [3] - Jinpu Titanium Industry (000545) had a net inflow of 9.70 million yuan from institutional investors [3] - Satellite Chemical (002648) had a net outflow of 1.15 million yuan from retail investors [3]

Core Viewpoint - The restructuring of Jinpu Titanium Industry (000545.SZ) has failed after nearly three months of progress, leading to increased uncertainty in the company's future development [2][5]. Group 1: Restructuring Details - On September 23, Jinpu Titanium announced the termination of its major asset restructuring due to significant uncertainties arising from recent market changes [2]. - The company had planned to replace part of its assets, including those from Nanjing Titanium and Xuzhou Titanium, with 91% equity of Lide Dongfang held by Jinpu Dongyu [2][3]. - Jinpu Titanium intended to issue shares and pay cash for the remaining 9% equity of Lide Dongfang and to raise funds from no more than 35 specific investors to cover transaction costs and enhance liquidity [3]. Group 2: Strategic Shift - The restructuring was a crucial step for Jinpu Titanium to strategically exit the titanium dioxide industry and shift its main business focus to rubber products, including hoses, seals, and shock absorbers [3]. - The titanium dioxide industry has faced challenges such as overcapacity, high costs, weak demand, and intense low-price competition, which have compressed profit margins [3]. Group 3: Financial Performance - Jinpu Titanium has experienced significant financial losses, with four out of five years from 2020 to 2024 reporting losses, including a net loss of 1.86 billion yuan in the first half of 2025 [4]. - The company's revenues from 2022 to the first half of 2025 were 2.51 billion yuan, 2.27 billion yuan, 2.13 billion yuan, and 921 million yuan, with cumulative net losses reaching 7.5 billion yuan [4]. Group 4: Operational Challenges - In June 2025, Jinpu Titanium's wholly-owned subsidiary Xuzhou Titanium temporarily halted production for maintenance, but resumed operations on September 9, 2025 [5]. - The controlling shareholder of Jinpu Titanium faces risks related to share pledges and freezes, with 100% of its shares pledged and 62.08% of its shares subject to judicial freezes [5].

资金流向方面，今日该股主力资金净流出2146.67万元，其中，特大单净流出1616.36万元，大单资金净 流出530.31万元。近5日主力资金净流出7819.20万元。（数据宝） 金浦钛业9月24日交易公开信息 | 买/ 卖 | 会员营业部名称 | 买入金额（万元） | 卖出金额（万元） | | --- | --- | --- | --- | | 买一 | 华安证券股份有限公司江苏分公司 | 109.65 | 0.00 | | 买二 | 华泰证券股份有限公司湖南分公司 | 101.73 | 0.00 | | 买三 | 国联民生证券股份有限公司上海分公司 | 93.63 | 0.00 | | 买四 | 湘财证券股份有限公司岳阳五里牌证券营业部 | 58.84 | 0.00 | | 买五 | 华西证券股份有限公司四川互联网证券分公司 | 56.71 | 0.00 | | 卖一 | 中国中金财富证券有限公司郑州如意西路证券营业部 | 0.00 | 426.00 | | 卖二 | 天风证券股份有限公司河南分公司 | 1.14 | 324.30 | | 卖三 | 国信证券股份有限公司深圳前海分公司 | 0.03 | 2 ...

发行股份及支付现金购买资产所发行的股份种类为境内人民币普通股（A股），每股面值为人民币 1.00元。经交易各方友好协商，本次发行股份的发行价格确定为1.91元/股，本次发行股份数量的计算公 式为：向交易对方发行的股份数量=向交易对方支付的股份对价金额/本次发行股份的发行价格，并按照 向下取整精确至股，不足一股的部分计入资本公积。 上市公司拟向不超过35名特定投资者发行股份募集配套资金。本次发行股份募集配套资金总额不超 过本次拟以发行股份方式购买资产交易价格的100%，募集配套资金发行股份的数量不超过本次交易前 上市公司总股本的30%。本次募集配套资金的最终发行股份数量将以经深交所审核通过并经中国证监会 同意注册的数量为上限。 金浦钛业昨晚发布关于终止重大资产置换、发行股份及支付现金购买资产并募集配套资金暨关联交 易事项的公告。 金浦钛业于2025年9月23日召开第九届董事会第三次会议，审议通过了《关于终止重大资产置换、 发行股份及支付现金购买资产并募集配套资金暨关联交易事项的议案》，同意公司终止重大资产置换、 发行股份及支付现金购买资产并募集配套资金暨关联交易（以下简称"本次交易"）事项，公司独立董事 专门会 ...