Core Viewpoint - The company, Hezhima Intelligent (02533), announced that its founder and CEO, Mr. Shan Jizhang, has voluntarily committed not to sell his restricted shares for an additional twelve months, reflecting confidence in the company's long-term value and future prospects [1] Summary by Relevant Sections - **Shareholder Commitment** - Mr. Shan Jizhang will not sell a total of 44.1 million restricted shares from August 8, 2025, to August 7, 2026, which represents 6.94% of the company's total issued shares as of the announcement date [1]

Core Viewpoint - Black Sesame (000716) is facing a potential change in control as its major shareholder, Guangxi Black Five Food Group, plans to transfer approximately 20% of its shares to a state-owned enterprise in the cultural tourism and health industry of Guangxi [1][6]. Shareholder and Control Changes - The major shareholder, Guangxi Black Five Food Group, is in the process of transferring its shares, which may lead to a change in control of Black Sesame [1]. - The Li family has been in control of the company for decades, with the second-generation successor, Li Yuqun, recently appointed as chairman [5][6]. - As of the end of 2024, the actual controller remains the Li family, despite the impending share transfer [5]. Financial Performance - Black Sesame reported a continuous decline in revenue from 2022 to 2024, with a 7.92% decrease in total revenue in 2024 compared to 2023 [14]. - The company achieved a net profit of 77.74 million yuan in 2024, marking an 80.46% increase year-on-year, despite the revenue decline [14]. - The company has faced challenges with four consecutive years of declining revenue prior to 2023, although it returned to profitability in that year [8][14]. Share Pledge and Governance Issues - As of June 18, 2025, 70.33% of the shares held by the major shareholders are pledged, representing 26.49% of the total share capital of Black Sesame [6][7]. - The company has received a warning from the Guangxi Securities Regulatory Bureau due to non-compliance in disclosing related party transactions and improper guarantees [8][9]. Strategic Focus and Business Operations - Black Sesame has been attempting to diversify its business into logistics, e-commerce, and health sectors, but these efforts have yielded limited success [10][14]. - The company is now focusing on its core business of black sesame products and has authorized management to dispose of non-core assets to concentrate resources on the health food industry [14].

每经AI快讯，Wind数据显示，8月6日，黑芝麻、金橙子、衢州发展等10只个股停牌。 （文章来源：每日经济新闻） ...

公司于2025年8月1日收市后，收到控股股东广西黑五类食品集团有限责任公司（以下简称"黑五类集 团"）正在筹划涉及其所持有公司股份转让的通知，其拟将持有占公司总股本约20%的股份转让给广西 壮族自治区文旅及大健康行业的国有企业，前述股份转让事项可能导致公司控制权发生变更，本次权益 变动事项尚需履行协议转让相关程序，尚需国有资产监督管理等有权部门的审批。目前涉及各方正就具 体交易方案、协议等相关事项进行论证和磋商，但尚未签署相关协议，具体情况以各方签订的相关协议 为准。 鉴于该事项尚在筹划中，尚未签署协议，存在不确定性。为保证公平信息披露，避免公司股价异常波 动，维护投资者利益，根据《深圳证券交易所上市公司自律监管指引第6号一停复牌》等相关规定，经 向深圳证券交易所申请，公司股票（股票简称：黑芝麻，股票代码：000716）自2025年8月4日（星期 一）开市起停牌，预计停牌时间不超过2个交易日。具体内容详见公司于2025年8月4日刊登在《中国证 券报》《证券日报》《上海证券报》和巨潮资讯网（www.cninfo.com.cn）上的《关于筹划控制权变更 事项的停牌公告》（公告编号：2025-032）。 登录新浪财 ...

Core Viewpoint - The Li family is considering relinquishing control of Black Sesame due to declining sales and financial pressures, potentially transferring 20% of their shares to a state-owned enterprise in Guangxi [1][3]. Group 1: Company Control and Ownership - The Li family has controlled Black Sesame for nearly 20 years, with the Black Five Categories Group holding 30.25% of the company's shares as of March 2023 [4]. - The Li family and their associates collectively hold 47.62% of the voting rights, indicating significant influence over company decisions [4]. - The potential transfer of shares to a state-owned enterprise may lead to a change in control of the listed company [3]. Group 2: Financial Challenges - The Black Five Categories Group has pledged 1.62 million shares, representing 21.51% of the total share capital, indicating liquidity pressures [5]. - The Li family members have also pledged shares, with a 100% pledge rate for their holdings [5]. - The company has faced financial difficulties, with revenue dropping from 40.25 billion to 30.16 billion from 2021 to 2022, and net losses of 1.09 billion and 1.40 billion respectively [8]. Group 3: Market Position and Product Performance - Black Sesame's flagship product, black sesame paste, has seen a significant decline in sales, from a peak of 952.02 million units in 2014 to only 439.47 million units projected for 2024 [11]. - The company has attempted to diversify its product offerings, launching various new products, but these efforts have not resulted in significant market success [11]. - The market for traditional paste products has diminished as instant food options have gained popularity, leading to increased competition and reduced market presence for black sesame products [10]. Group 4: Diversification Attempts - Black Sesame has made several attempts to diversify into logistics, e-commerce, and renewable energy, but these ventures have generally not aligned well with its core food business [7]. - The company invested 2.56 billion in a logistics park and 7 billion in an e-commerce platform, both of which failed to deliver expected synergies [7]. - Recent investments in renewable energy projects have also faced challenges, leading to a halt in further investments [7].

Core Viewpoint - Black Sesame is likely to be taken over by a state-owned enterprise, which may lead to a change in control and is expected to positively impact the company's internal control, funding, business, and market expansion [1][4]. Group 1: Company Background - Founded in 1984, Black Sesame is a large private enterprise group focused on the black sesame industry, including research, production, and sales of health products [3]. - Black Sesame was listed on the Shenzhen Stock Exchange in 1997 and is recognized as the first stock in China's black sesame industry [3]. - The largest shareholder, Guangxi Black Five Categories Food Group, currently holds a 30.25% stake in Black Sesame [3]. Group 2: Financial Performance - Black Sesame's revenue has declined for four consecutive years, with figures of 40.25 billion, 30.16 billion, 26.77 billion, and 24.65 billion from 2021 to 2024 [5]. - The company reported net profits of -1.09 million, -1.4 million, 4300 million, and 7800 million during the same period [5]. - In Q1 2025, revenue was 4.42 billion, a year-on-year decrease of 3.74%, with a net profit of 225 million, down 29.61% year-on-year [5]. Group 3: Challenges and Strategic Shifts - Black Sesame's core product, sesame paste, has seen a significant drop in sales, from 900.67 million units in 2015 to 562.68 million units in 2020 [5]. - The company has attempted multiple cross-industry ventures, including a 2.56 billion acquisition of a logistics park and a 7 billion acquisition of an e-commerce platform, both of which were later divested due to misalignment with core business [6]. - In 2023, Black Sesame announced a 35 billion investment in a battery storage project, which was subsequently paused due to market conditions [6]. - The company has decided to refocus on its core business, emphasizing health food products and the black sesame strategy [6]. Group 4: Potential Benefits from State-Owned Enterprise Involvement - The entry of a state-owned enterprise could enhance Black Sesame's financial strength, resource integration, and governance, addressing existing internal control issues [4][7]. - The state-owned enterprise may leverage its advantages in the cultural tourism and health sectors to promote product upgrades and market expansion for Black Sesame [7].

证券代码：000716 证券简称：黑芝麻 公告编号：2025-033 南方黑芝麻集团股份有限公司 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。 特别提示： 芝麻，股票代码：000716）自 2025 年 8 月 6 日（星期三）上午开市起继续停牌， 预计停牌时间不超过 3 个交易日。 投资者关注后续公告，注意投资风险。 一、停牌事项 公司于 2025 年 8 月 1 日收市后，收到控股股东广西黑五类食品集团有限责任 公司（ （以下简称（ "黑五类集团"）正在筹划涉及其所持有公司股份转让的通知，其 拟将持有占公司总股本约 20%的股份转让给广西壮族自治区文旅及大健康行业的 国有企业，前述股份转让事项可能导致公司控制权发生变更，本次权益变动事项尚 需履行协议转让相关程序，尚需国有资产监督管理等有权部门的审批。目前涉及各 方正就具体交易方案、协议等相关事项进行论证和磋商，但尚未签署相关协议，具 体情况以各方签订的相关协议为准。 鉴于该事项尚在筹划中，尚未签署协议，存在不确定性。为保证公平信息披露， 避免公司股价异常波动，维护投资者利益，根据（ 深圳证券交易所上市公 ...

Core Viewpoint - Black Sesame may be taken over by a state-owned enterprise, which could lead to a change in control and potentially improve the company's internal control, funding, and market expansion capabilities [2][3][4]. Group 1: Company Background and Control Change - Black Sesame, founded in 1984, is a large private enterprise focusing on the black sesame industry, and it was the first company in this sector to be listed on the Shenzhen Stock Exchange in 1997 [3]. - The controlling shareholder, Guangxi Black Five Categories Food Group, currently holds 30.25% of Black Sesame's shares and plans to transfer approximately 20% of its shares to a state-owned enterprise, resulting in a shift from private to state control [3][4]. - Prior to this control change, Black Sesame received a warning letter from the Guangxi Securities Regulatory Bureau due to issues related to non-operating fund occupation and irregular external guarantees [3][4]. Group 2: Financial Performance and Challenges - Black Sesame has experienced a decline in revenue for four consecutive years, with revenues dropping from 40.25 billion in 2021 to an estimated 24.65 billion in 2024 [6]. - The company's net profit has also fluctuated, with a net loss of 1.09 billion in 2021, followed by a slight recovery to a profit of 0.78 billion in 2024 [6]. - Sales of the core product, black sesame paste, have significantly decreased, from 900.67 million units in 2015 to 562.68 million units in 2020, indicating a downward trend in demand [6][7]. Group 3: Strategic Missteps and Future Outlook - Black Sesame has attempted several cross-industry ventures, including acquisitions in logistics and e-commerce, but these efforts have largely failed, leading to a focus on its core business [7][8]. - The company has recently launched a new product line targeting younger consumers, but this has not yet contributed significantly to revenue, accounting for only 1.33% of total revenue in 2024 [7]. - Analysts believe that the entry of a state-owned enterprise could provide Black Sesame with the necessary resources and support to address its financial difficulties and enhance its market position in the health food sector [4][8].

（企业公告） 8月5日，黑芝麻发布公告称，公司于2025年8月1日收市后，收到控股股东广西黑五类食品集团有限责任 公司（以下简称"黑五类集团"）正在筹划涉及其所持有公司股份转让的通知，其拟将持有占公司总股本 约20%的股份转让给广西壮族自治区文旅及大健康行业的国有企业，前述股份转让事项可能导致公司控 制权发生变更，本次权益变动事项尚需履行协议转让相关程序，尚需国有资产监督管理等有权部门的审 批。涉及各方正就具体交易方案、协议等相关事项进行论证和磋商，但尚未签署相关协议，具体情况以 各方签订的相关协议为准。 截至本公告披露日，相关各方正在积极推进本次交易的各项工作，交易各方尚未签署正式协议，整体交 易方案仍在积极协商准备中，公司预计无法在2025年8月6日（星期三）上午开市起复牌。根据《深圳证 券交易所股票上市规则》《深圳证券交易所上市公司自律监管指引第6号—停复牌》等相关规定，经向 深圳证券交易所申请，公司股票（股票简称：黑芝麻，股票代码：000716）自2025年8月6日（星期三） 上午开市起继续停牌，预计停牌时间不超过3个交易日。 ...

Core Viewpoint - Black Sesame (000716.SZ) is actively advancing its transaction work, but no formal agreement has been signed yet, and the overall transaction plan is still under negotiation [1] Group 1 - The company expects that it will not resume trading on August 6, 2025, at the market opening [1] - The company has applied to the Shenzhen Stock Exchange for continued suspension of its stock from August 6, 2025, for no more than three trading days [1] - The suspension is in accordance with the Shenzhen Stock Exchange's listing rules and self-regulatory guidelines [1]