Core Viewpoint - The auction of *ST WanFang's major shareholder's shares has been retracted due to jurisdictional issues, but the risk of future auctions remains, potentially affecting the company's control structure and financial performance [1][2][3] Group 1: Auction and Shareholder Control - The Changchun Intermediate Court planned to auction 90.86 million shares held by WanFang Yuan, representing 29.18% of the total shares, on July 22-23, 2025 [1][2] - The auction was retracted because the Beijing Third Intermediate Court did not transfer the disposal rights of the shares [1][2] - If the shares are auctioned and sold in the future, WanFang Yuan could lose its status as the major shareholder, which would automatically invalidate the voting rights entrusted to HuiDe Industrial [3] Group 2: Financial Performance - *ST WanFang expects a net loss of 4.5 million to 6.5 million yuan for the first half of 2025, compared to a profit of 1.0471 million yuan in the same period last year [3] - The significant decrease in net profit is attributed to the previous year's recovery of receivables, which resulted in a reversal of credit impairment losses of approximately 7.8 million yuan [3] - Non-recurring gains and losses are expected to impact net profit by about 580,000 yuan, mainly from government subsidies received by subsidiaries [3]

证券代码：000638 证券简称：*ST万方 公告编号：2025-047 万方城镇投资发展股份有限公司 由于北京市三中院法官未移交本次拍卖股权的处置权，因此长春中院已撤回 本次拍卖。 四、风险提示及对公司的影响 关于大股东持有的公司股票撤回司法拍卖的公告 本公司及其董事会全体成员保证信息披露内容的真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 一、概述 1、2025 年 6 月 20 日，万方城镇投资发展股份有限公司（以下简称"公司"） 披露了《关于大股东持有的公司股票被司法拍卖的提示性公告》（公告编号：2025- 040），公司大股东北京万方源房地产开发有限公司（以下简称"万方源"）持 有的公司股票 90,860,000 股（占其所持有公司股份比例 100%，占公司总股本的 29.18%）原定由吉林省长春市中级人民法院（以下简称"长春中院"）于 2025 年 7 月 22 日 10 时起至 2025 年 7 月 23 日 10 时止（延时的除外）在淘宝网司法拍 卖网络平台上进行拍卖。具体内容详见公司于 2025 年 6 月 20 日在《证券时报》 《证券日报》《中国证券报》《上海证券报》及巨潮资讯 ...

证券代码：000638 证券简称：*ST万方 公告编号：2025-046 地址的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 万方城镇投资发展股份有限公司（以下简称"公司"）控股子公司白山市盛 鑫金属材料有限公司变更了公司名称及注册地址，相关工商变更登记手续已办理 完毕。公司于 2025 年 7 月 11 日收到了由郴州高新技术产业开发区管理委员会换 发的《营业执照》。现将具体变更信息公告如下： 二、变更后的工商登记基本情况 公司名称：湖南盛鑫精创金属材料有限公司 统一社会信用代码：91220605MADB9BMG0D 企业类型：其他有限责任公司 成立日期：2024-02-01 万方城镇投资发展股份有限公司 关于控股子公司白山市盛鑫金属材料有限公司变更公司名称及注册 经营范围：一般项目：金属材料销售；3D 打印基础材料销售；新型金属功 能材料销售；有色金属合金销售；有色金属合金制造；磁性材料销售；金属链条 及其他金属制品销售；非金属矿及制品销售；模具销售； ...

证券代码：000638 证券简称：*ST 万方 公告编号：2025-045 万方城镇投资发展股份有限公司 2025 年半年度业绩预告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 1、业绩预告期间：2025 年 1 月 1 日至 2025 年 6 月 30 日 2、业绩预告情况： 亏损 扭亏为盈 同向上升 同向下降 | 项 目 | | 本报告期 | | | 上年同期 | | | --- | --- | --- | --- | --- | --- | --- | | 归属于上市公司股东的净利润 | 亏损：450 | 万元–650 | 万元 | | 盈利：104.71 | 万元 | | 扣除非经常性损益后的净利润 | 亏损：500 | 万元–700 | 万元 | | 盈利：48.32 | 万元 | | 基本每股收益 | 亏损：0.0145 | | 元/股–0.0209 | 元/股 | 盈利：0.0034 | 元/股 | 二、与会计师事务所沟通情况 本次业绩预告未经注册会计师审计。 三、业绩变动原因说明 （一）主营业务的影响 一、本期业绩预计情况 1、2025 年 ...

Market Overview - The Shanghai Composite Index closed at 3546.50 points, above the annual line, with a gain of 1.05% [1] - The total trading volume of A-shares reached 10310.63 billion yuan [1] Stocks Breaking Annual Line - A total of 55 A-shares have broken above the annual line today, with notable stocks including XWANDA, Fuxing Co., and Guolian Minsheng, showing divergence rates of 5.64%, 3.70%, and 3.15% respectively [1] - Stocks with smaller divergence rates that just crossed the annual line include Wangfujing, Tonghe Pharmaceutical, and Sanxia Water Conservancy [1] Top Stocks by Divergence Rate - The top three stocks with the highest divergence rates are: - XWANDA (9.13% increase, 5.12% turnover rate, latest price 21.16 yuan, divergence rate 5.64%) [1] - Fuxing Co. (4.31% increase, 5.52% turnover rate, latest price 2.42 yuan, divergence rate 3.70%) [1] - Guolian Minsheng (6.66% increase, 3.68% turnover rate, latest price 11.21 yuan, divergence rate 3.15%) [1] Additional Stocks with Notable Performance - Other stocks with significant performance include: - Tuoer Si (3.05% increase, 3.72% turnover rate, latest price 18.56 yuan, divergence rate 2.82%) [1] - ST Huaming (4.83% increase, 10.28% turnover rate, latest price 10.21 yuan, divergence rate 2.73%) [1] - Green Beauty (3.01% increase, 2.26% turnover rate, latest price 6.50 yuan, divergence rate 2.32%) [1]

Core Viewpoint - The newly revised "Management Measures for Information Disclosure of Listed Companies" has been officially implemented on July 1, 2023, incorporating recent regulatory practices and enhancing supervision of key matters [1][4]. Summary by Sections Implementation of New Regulations - The revised information disclosure measures were publicly solicited for opinions in December 2024 and officially released on March 28, 2023 [1]. - Key changes include strengthened risk disclosure requirements, increased regulation on outsourcing of information disclosure, and an adjustment of the maximum penalty to 100,000 yuan [1]. Companies Facing Penalties - On the first day of the new regulations, *ST Wan Fang and Ren Ren Le were publicly reprimanded for information disclosure issues [4][5]. - *ST Wan Fang initially forecasted a net profit of 20 million to 25 million yuan for 2024 but later revised it to a loss, leading to a public reprimand for failing to disclose accurate performance forecasts [4]. - Ren Ren Le also faced similar issues, with a significant discrepancy between its profit forecast and the audited results, resulting in a public reprimand [5]. Regulatory Actions and Statistics - In June, 18 companies were subjected to regulatory measures related to information disclosure, including failures in timely and accurate reporting [8]. - Specific companies like Jun Yao Health and Long Yang Technology were noted for not meeting disclosure standards in their performance forecasts [8]. - Two companies, Mei Chen Technology and Song Cheng Performing Arts, were penalized for accounting errors that led to inaccurate disclosures [9][11]. Additional Company Cases - ST Jing Gu received a regulatory letter regarding asset freezing and the need for risk disclosure, aligning with the new regulations' emphasis on risk factors [6][7]. - Companies like Heng Bang and Jing Yi failed to disclose critical information, receiving regulatory letters for their omissions [12]. Conclusion - The new information disclosure regulations aim to enhance transparency and accountability among listed companies, with immediate repercussions observed in the market [1][4][8].

证券代码：000638 证券简称：*ST 万方 公告编号：2025-044 万方城镇投资发展股份有限公司 1 / 2 关于出售参股公司吉林万方百奥生物科技有限公司 5%股权 的进展暨签订《补充协议》的公告 本公司及其董事会全体成员保证信息披露内容的真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 一、交易概述 2024 年 12 月 24 日，万方城镇投资发展股份有限公司（以下简称"公司"） 与北京华阳众创科技有限公司（以下简称"华阳众创"）签署了《股权转让协议》， 公司将持有的吉林万方百奥生物科技有限公司（以下简称"万方百奥"）5%的股 权以人民币 1,060 万元的价格转让给华阳众创。本次交易完成后，公司持有万方 百奥的股权由 25%变更为 20%。公司与华阳众创无关联关系，上述交易不构成关 联交易，亦不构成《上市公司重大资产重组管办法》规定的重大资产重组。根据 《深圳证券交易所股票上市规则》《万方城镇投资发展股份有限公司章程》等相 关规定，本次交易无须提交董事会及股东大会审议。具体内容详见公司于 2024 年 12 月 25 日在《证券时报》《证券日报》《中国证券报》《上海证券报》及巨潮 资讯网 ...

Group 1 - The company, WanFang Urban Investment Development Co., Ltd., has signed a share transfer agreement to sell 68.88% of its stake in Hubei Xinrui Guang Electromechanical Technology Co., Ltd. for RMB 7.6 million [2] - Following the share transfer, the company will no longer hold any equity in Xinrui Guang, and its financial statements will not be included in the company's consolidated financial statements [2][3] - As of the announcement date, the buyer, Yang Rui, has paid the first installment of the share transfer payment amounting to RMB 3.8 million and completed the industrial and commercial registration change [3]

证券代码：000638 证券简称：*ST 万方 公告编号：2025-043 | 股东名称 | 认缴股本 （万元） | 持股比例（%） | | --- | --- | --- | | 杨锐 | 2,800.0000 | 68.8799 | | 孝感友联长鑫信息咨询合伙企业（有限合伙） | 1,200.0000 | 29.5200 | | 蒙晓荣 | 65.0460 | 1.6001 | | 合计 | 4,065.0460 | 100.0000 | 万方城镇投资发展股份有限公司 关于出售控股子公司湖北新瑞光机电科技有限公司 68.88%股权 的进展公告 本公司及其董事会全体成员保证信息披露内容的真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 一、交易概述 2025 年 5 月 28 日，万方城镇投资发展股份有限公司（以下简称"公司"） 与自然人杨锐签署了《股权转让协议》，公司将持有的湖北新瑞光机电科技有限 公司（以下简称"新瑞光"）68.88%股权以人民币 760 万元的价格转让给杨锐。 同时，公司与孝感友联长鑫信息咨询合伙企业（有限合伙）（以下简称"友联长鑫"） 签订了《表决权委托协议之终止协议》，鉴 ...

证券代码：000638 证券简称：*ST 万方 公告编号：2025-042 万方城镇投资发展股份有限公司 关于股票交易异常波动的公告 本公司及其董事会全体成员保证信息披露内容的真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 特别提示： 2025 年 6 月 19 日，公司获悉长春中院将于 2025 年 7 月 22 日 10 时起至 2025 年 7 月 23 日 10 时止（延时的除外）在淘宝网司法拍卖网络平台上对公司大股东 万方源持有的公司股票 90,860,000 股（占其所持有公司股份比例 100%，占公司 总股本的 29.18%）分拆为 6 个拍卖标的进行拍卖。鉴于 2021 年 8 月万方源已将 持有的公司股份 80,444,000 股（公司总股本为 311,386,551 股，占公司总股本的 25.83%）对应的表决权无条件且不可撤销地全部委托惠德实业行使，就此公司控 股股东和实控人变更为惠德实业及白山市江源区财政局。本次拍卖完成后，万方 源将失去公司第一大股东的身份，不再持有公司股票，公司存在控股股东、实际 控制人发生变更或无实际控制人的风险，敬请广大投资者注意投资风险。 一、股票交 ...