Core Points - *ST Jinke (000656.SZ) announced that as of September 26, 2025, it received a notice from Dongfang Yinyuan regarding the completion of its share buyback plan, which resulted in the acquisition of 16,563,300 shares, accounting for 0.16% of the company's total share capital [1] - The total transaction amount for the shares acquired by Dongfang Yinyuan was 22,713,543.40 yuan [1] - As of the date of the announcement, Dongfang Yinyuan has not met the lower limit target of the committed share buyback amount [1]

Group 1 - The core point of the article is that *ST Jinke (SZ 000656) announced that Oriental Silver has cumulatively increased its shareholding by approximately 16.56 million shares, accounting for 0.16% of the total share capital, with a total transaction amount of about 22.71 million yuan as of September 26, 2025 [1] - As of the announcement date, Oriental Silver's shareholding increase plan has expired and has not met the lower limit target of the committed share increase [1] - For the first half of 2025, *ST Jinke's revenue composition shows that real estate sales accounted for 92.95%, while other sources accounted for 7.05% [1] - The current market capitalization of *ST Jinke is 14.8 billion yuan [1]

金科地产集团股份有限公司 关于公司股东股份增持计划到期暨实施结果的公告 证券简称：*ST 金科 证券代码：000656 公告编号：2025-117 号 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。 重要内容提示： 1、金科地产集团股份有限公司（以下简称"金科股份"或"公司"）于 2024 年 10 月 8 日披露了《关于实际控制人之一致行动人增持公司股份计划的公告》 （公告编号：2024-124 号），公司原实际控制人之一致行动人东方银原（北京） 材料有限公司（以下简称"东方银原"）同意自《一致行动协议》签署之日起 六个月内，以自有资金通过二级市场集中竞价方式增持金科股份股票不低于 5,000 万股，增持价格不高于 1.5 元/股。 2、鉴于东方银原在上述股份增持计划实施期限内未完成股份增持计划承 诺的增持股数下限目标，公司于 2025 年 3 月 10 日披露了《关于实际控制人之 一致行动人股份增持计划调整的公告》（公告编号：2025-037 号），东方银原 同意自 2025 年第一次临时股东大会审议通过后未来 6 个月内，以"不超过 2.0 元/股"的价 ...

金科地产集团股份有限公司 关于公司重整事项进展的公告 证券简称：*ST 金科 证券代码：000656 公告编号：2025-118 号 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。 重要提示： 1、2024 年 4 月 22 日，金科地产集团股份有限公司（以下简称"公司"或 "金科股份"）及全资子公司重庆金科房地产开发有限公司（以下简称"重庆 金科"）分别收到重庆市第五中级人民法院（以下简称"五中院"或"法院"） 送达的《民事裁定书》，五中院正式裁定受理公司及重庆金科的重整申请。 2、公司稳步推进重整工作，2025 年 5 月 10 日及 11 日，公司及重庆金科分 别收到五中院送达的《民事裁定书》。五中院裁定批准《金科股份重整计划》 《重庆金科重整计划》，并终止公司及重庆金科重整程序。后续，公司及重庆 金科将进入重整计划执行阶段。 3、近日，公司及重庆金科与中信信托有限责任公司分别签署《中信信托·金 科股份破产重整专项服务信托信托合同》《中信信托·重庆金科破产重整专项 服务信托信托合同》及其配套文件。 4、如公司顺利实施重整并执行完毕重整计划，将有利于优化公 ...

格隆汇9月26日丨*ST金科(000656.SZ)公布，公司于2025年9月26日收到东方银原出具的《关于股份增持 计划到期暨实施结果的告知函》，截至2025年9月26日（即股份增持计划截止日期），东方银原已累计 增持公司股份16,563,300股，占公司总股本的0.16%，成交金额合计22,713,543.40元。截至本公告披露 日，东方银原未完成承诺的股份增持金额下限目标。 ...

Core Points - *ST Jinke announced that the shareholding increase plan by Dongfang Yinyuan Co., Ltd. expired on September 26, 2025, during which a total of 16.5633 million shares were acquired through centralized bidding in the secondary market, accounting for 0.16% of the company's total share capital, with a transaction amount of 22.7135 million yuan, failing to meet the commitment of at least 50 million shares for the increase target [1]

注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 低价股排名 | 代码 | 简称 | 最新收盘价（元） | 日涨跌幅（%） | 日换手率（%） | 市净率（倍） | 行业 | | --- | --- | --- | --- | --- | --- | --- | | 000851 | *ST高鸿 | 0.38 | -5.00 | 5.87 | 0.99 | 通信 | | 300280 | 紫天退 | 0.43 | -4.44 | 6.32 | 0.06 | 传媒 | | 600200 | *ST苏吴 | 1.05 | 5.00 | 2.70 | 0.42 | 医药生物 | | 000656 | *ST金科 | 1.39 | -0.71 | 0.77 | | 房地产 | | 601005 | 重庆钢铁 | 1.45 | -0.68 | 1.17 | 0.78 | 钢铁 | | 600022 | 山东钢铁 | 1.47 | -0.68 | 0.62 | 0.84 | 钢铁 | | 000627 | *ST天茂 | 1.58 | | | 0.36 | 非银金融 | | 002496 | *ST辉丰 | ...

Core Viewpoint - The article discusses the largest judicial restructuring case in the history of the Chinese real estate industry, involving over 8,400 creditors and the significant changes in the control of Jinke Property Group Co., Ltd. [3] Group 1: Company Restructuring - Jinke Property has announced that its restructuring plan will lead to a change in its controlling shareholder and actual controller, with the new controlling shareholders being Jingyu Xingzhu and Jingyu Xingcan, and the actual controller becoming non-existent [3][4]. - The "Huang Hongyun era," which lasted for 27 years since the company's establishment in 1998, has officially ended as Jinke Property transitions to new ownership [3][4]. - The company faced a debt crisis, prompting Huang Hongyun to voluntarily apply for restructuring in July 2023, which initiated the restructuring process [4]. Group 2: Financial Details - Jinke Property's total debt amounts to 147 billion yuan, with over 8,400 creditors involved [5]. - As of the first half of 2025, Jinke Property reported revenue of 2.363 billion yuan and a net loss attributable to shareholders of 7.523 billion yuan, with total assets of 175.749 billion yuan and total liabilities of 200.604 billion yuan [5]. - The company has completed the transfer of 3 billion shares to the designated accounts of the restructuring investors, representing 28.21% of the total share capital [4]. Group 3: Shareholder Changes - Following the restructuring, Jinke Property's controlling shareholder, Jinke Holdings, saw its shareholding drop from 4.55% to 2.28%, while Huang Hongyun's shareholding decreased from 8.78% to 4.41% [4]. - The new major shareholder, the Shanghai Pinqi consortium, now controls 9.34% of the total share capital [4]. - The board of directors will undergo a re-election process, with the Shanghai Pinqi consortium entitled to nominate seven board members [5].

Core Viewpoint - The restructuring of Kinko Real Estate Group marks the end of the 27-year control era of founder Huang Hongyun, with significant changes in the company's ownership and control structure [2][3]. Group 1: Company Control Changes - Kinko Real Estate Group's restructuring plan will result in a change of controlling shareholders from Kinko Holdings to Jingyu Xingzhu and Jingyu Xingcan, with no actual controller designated [2][3]. - Huang Hongyun's shareholding has decreased from 8.78% to 4.41%, while Kinko Holdings' stake has dropped from 4.55% to 2.28% [3]. Group 2: Financial Situation - Kinko Real Estate and its subsidiary have a total debt of 147 billion yuan, with over 8,400 creditors involved [4]. - As of the first half of 2025, Kinko Real Estate reported revenue of 2.363 billion yuan and a net loss attributable to shareholders of 7.523 billion yuan, with total assets of 175.749 billion yuan and total liabilities of 200.604 billion yuan [4].

Core Viewpoint - Kinko Co., Ltd. has undergone a significant restructuring, marking the largest restructuring case in China's real estate industry, while its founder, Huang Hongyun, is stepping back from control of the company [2][10]. Group 1: Restructuring Details - The restructuring process is nearing completion, with the transfer of 3 billion shares to designated entities of restructuring investors [5]. - A total of 30 billion shares were transferred, with 12 billion shares going to industrial investors and 18 billion shares to financial investors [6]. - The total share capital increased from 5.339 billion shares to 10.634 billion shares, resulting in Huang Hongyun's shareholding being diluted from 14.51% to 7.29%, losing control of the company [6][9]. Group 2: Changes in Governance - The company will initiate a board of directors' re-election, with the Shanghai Pinqi consortium entitled to nominate seven directors, including independent directors [8]. - Following the board re-election, the controlling shareholder will shift from Kinko Holdings to the new major shareholders, with no actual controller remaining [9]. Group 3: Historical Context - Huang Hongyun founded Kinko Group 27 years ago and has been a prominent figure in the company, but now he must relinquish control [4]. - Kinko was one of the few listed real estate companies in China to initiate its own restructuring, which began in April 2024 [10]. - The company had previously achieved significant growth, reaching a sales scale of 223.2 billion yuan in 2020 and ranking 16th in the industry [24].