Core Viewpoint - The company plans to cancel 37.06 million shares of publicly held stock that were repurchased, due to the failure to implement an employee stock ownership plan or equity incentive plan within 36 months after the termination of the share buyback [1] Group 1 - The cancellation of shares has been approved by the board of directors and will be submitted for shareholder meeting approval [1] - Following the cancellation, the company's registered capital will decrease accordingly, but this will not negatively impact the company's operations, finances, research and development, debt fulfillment capability, or future development [1] - The cancellation will not lead to any changes in the company's control [1]

Core Viewpoint - Jinke Co., Ltd. is entering the final stage of its bankruptcy reorganization plan, with a debt scale of 147 billion yuan and over 8,400 creditors, marking a significant transition in its corporate governance and operational strategy [1][2][5]. Group 1: Bankruptcy Reorganization - Jinke Co., Ltd. signed a special service trust contract for bankruptcy reorganization with CITIC Trust, indicating the plan's final execution phase [2][3]. - The reorganization plan involves transferring the equity of most subsidiaries to a bankruptcy service trust for debt repayment, which will exclude these subsidiaries from Jinke's consolidated financial statements [2][3]. - The company will become the first listed real estate firm in A-shares to complete bankruptcy reorganization by 2025 [1][2]. Group 2: Share Capital Increase and Control Change - Jinke Co., Ltd. implemented a capital reserve increase, converting 5.294 billion shares at a ratio of 1:1, raising the total share capital to 10.634 billion shares [2][3]. - The new strategic investor, Shanghai Pinqi Consortium, has become the largest shareholder, holding approximately 9.34% of the total shares post-increase, while the original controller Huang Hongyun's stake has been diluted from about 14.51% to 7.28% [3][4]. - The governance structure will change, allowing the new investors to nominate seven board members, leading to a formal change in control to a state of "no actual controller" [3][6]. Group 3: Financial Challenges and Performance - Jinke Co., Ltd. faced severe financial difficulties, with a reported revenue of only 2.363 billion yuan in the first half of 2025, a year-on-year decline of 85.28%, and a net loss of 7.523 billion yuan [5][6]. - As of mid-2025, the company had total assets of 175.749 billion yuan and total liabilities of 200.604 billion yuan, indicating a significant debt burden and negative net assets of -36.224 billion yuan [5][6]. - The company is under pressure to resolve its debt issues and restore its financial health, with the management emphasizing the need for restructuring to achieve a positive cash flow and operational recovery [6][7].

｜2025年9月29日星期一｜ 点评：本次交易尚处于筹划阶段，存在因监管审批、交易双方协商分歧等因素导致方案调整或终止的可 能性。投资者需持续关注公司信息披露，谨慎评估投资风险。 NO.1 广州住房公积金可用于支付二手房首付款 9月28日，广州住房公积金管理中心等四部门联合发布新政，优化住房公积金提取政策，扩大住房公积 金的支付适用范围。除了现售商品住房外，购买存量商品住房、配售型保障性住房或者共有产权住房， 均可申请提取住房公积金用于支付购房首付款。 点评：广州此次政策突破了住房公积金首付提取仅限新房的限制，为其他一线城市提供政策参考。同 时，在"金九银十" 节点推出该政策，释放了支持合理住房消费的积极信号，或带动更多城市优化公积 金政策，进一步提振楼市信心。 NO.2 大连万达集团及王健林被限制高消费 天眼查显示，日前，大连万达集团股份有限公司及其法定代表人王健林被法院下达限制高消费令。该措 施源于一起标的为1.86亿元的强制执行案件。据万达知情人士透露，此事是"由于万达下属项目公司经 济纠纷导致，事实上之前双方一直在通过多种方式协商解决，我们也正在了解具体情况，本次或是因在 执行层面信息不对称导致"。 ...

涉及8400余家债权人、债务规模达1470亿元的中国房地产行业最大规模司法重整案迎来新进展。 9月26日，金科地产集团股份有限公司（以下简称"金科股份"）发布关于公司重整事项进展的公告。 公告指出，9月24日，金科股份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。 专项服务信托的签署是金科重整计划中的核心环节。根据重整计划，中信信托设立破产服务信托，用作 清偿公司及重庆金科的普通债权，信托受益人则为金科股份债权人。 这一安排相当于把一部分资产"打包"成一个独立的资产池，专门用于还债。合同的签署标志着这一复杂 且关键的偿债机制完成了法律架构的搭建，进入了实质性的落地操作阶段。 此前，2024年4月22日，金科股份及全资子公司重庆金科房地产开发有限公司（简称"重庆金科"）分别 收到重庆市第五中级人民法院送达的《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。 金科股份表示，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 ...

Group 1 - The core point of the announcement is that the shareholding increase plan by the actual controller's concerted action party, Dongfang Yinyuan, has expired, and the results indicate that the target minimum share increase was not met [2][3][11] - Dongfang Yinyuan planned to increase its shareholding by at least 50 million shares at a price not exceeding 1.5 yuan per share within six months from the announcement date [2][6] - As of September 26, 2025, Dongfang Yinyuan had only increased its holdings by 16,563,300 shares, accounting for 0.16% of the total share capital, with a total transaction amount of approximately 22.71 million yuan [3][11] Group 2 - The company is undergoing a restructuring process, which was officially accepted by the Chongqing Fifth Intermediate People's Court on April 22, 2024 [15][17] - The restructuring plan for both the company and its subsidiary, Chongqing Jinke, was approved by the court on May 10 and 11, 2025, allowing them to enter the execution phase of the restructuring plan [15][22] - The company has signed various investment agreements with multiple financial investors to support the restructuring process, indicating a structured approach to improving its financial situation [19][20][24]

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]

每经头条（nbdtoutiao）——5年增长33倍，这类新险种卖爆了，身边很多人都需要，30多家险企蜂拥而 入⋯⋯ （记者 曾健辉） 2025年1至6月份，*ST金科的营业收入构成为：房地产销售业占比92.95%，其他占比7.05%。 截至发稿，*ST金科市值为148亿元。 每经AI快讯，*ST金科（SZ 000656，收盘价：1.39元）9月26日晚间发布公告称，截至2025年9月26日， 东方银原已累计增持公司股份约1656万股，占公司总股本的0.16%，成交金额合计约2271万元。截至本 公告披露日，东方银原的股份增持计划实施期限已届满，且未完成股份增持计划承诺的增持股数下限目 标。 ...

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。 ...