Core Viewpoint - Huangshi Group has been penalized by the China Securities Regulatory Commission for failing to disclose a significant agreement, leading to substantial fines for the company and its executives [1][2][3]. Group 1: Regulatory Actions - The company received a total fine of 10.5 million yuan, with specific penalties for executives: 2.5 million yuan for Chairman Huang Jiadi, 2 million yuan for Secretary Wang Wanfang, 1.5 million yuan for Yang Hongjun, and 500,000 yuan for Supervisor Shi Aiping [3]. - The regulatory body mandated the company to correct its actions and issued a warning regarding its information disclosure practices [3]. Group 2: Financial Impact - Huangshi Group reported a loss of 681 million yuan in 2024, a significant decline from previous profits, attributed to litigation-related provisions and losses from long-term equity investments [4]. - The company’s subsidiary, Huangshi Shuzhi, incurred cumulative losses of 42.56 million yuan from 2020 to 2022, indicating ongoing financial struggles [4]. Group 3: Business Challenges - The company has diversified into various sectors, including film, education, and solar energy, but this has led to resource dispersion and financial strain, negatively impacting both core and new businesses [4]. - The incident has raised concerns about the company's reputation and its ability to regain investor trust, which is crucial for future capital market activities [3][4].

Core Viewpoint - The company, Huangshi Group, is under investigation by the China Securities Regulatory Commission (CSRC) for alleged violations of information disclosure laws, leading to administrative penalties [1][2][5]. Summary by Sections Administrative Investigation - Huangshi Group received a notice of investigation from the CSRC on March 28, 2025, due to suspected violations of information disclosure laws [1]. - The company was informed of the administrative penalty decision, which is based on the findings of the investigation [2][6]. Violations Identified - The investigation revealed that Huangshi Group failed to disclose a significant contract related to a partnership agreement with Dongyue Wealth, which included provisions for guaranteed returns and a buyback clause [3][4]. - The company did not disclose this important contract in its annual reports for 2019, 2020, 2021, and 2022, constituting a major omission [4][5]. Responsible Parties - Key executives, including the chairman and other board members, were found to have failed in their duties to ensure proper disclosure of the contract [5]. - Specific individuals, such as Yang Hongjun, the former vice president, and other board members, were identified as directly responsible for the violations [5]. Penalties and Consequences - The CSRC has mandated that the involved parties pay fines within 15 days of receiving the penalty decision [6]. - The company expressed regret over the incident and committed to improving its compliance and information disclosure practices moving forward [6].

证券代码：002329 证券简称：皇氏集团 公告编号：2025–046 皇氏集团股份有限公司 关于公司及相关当事人收到《行政处罚决定书》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。 一、《行政处罚决定书》的主要内容 当事人：皇氏集团股份有限公司（以下简称皇氏集团），住所：广西壮族自 治区南宁市高新区丰达路 65 号。 黄嘉棣，男，1962 年 3 月出生，皇氏集团董事长，住址：南宁市青秀区***。 王婉芳，女，1980 年 1 月出生，皇氏集团董事、董事会秘书，住址：南宁 市青秀区***。 1 杨洪军，男，1982 年 5 月出生，皇氏集团时任董事、副总裁兼皇氏数智有 限公司法定代表人、执行董事、经理，住址：宁波市高新区***。 石爱萍，女，1982 年 6 月出生，皇氏集团监事会主席，住址：南宁市青秀 区***。 依据《中华人民共和国证券法》（以下简称《证券法》）的有关规定，我局 对皇氏集团信息披露违法违规行为进行了立案调查，并依法向当事人告知了作出 行政处罚的事实、理由、依据及当事人依法享有的权利。应当事人杨洪军的要求， 我局 2025 年 5 ...

Core Viewpoint - The legal dispute between Huangshi Group and Dongyue Wealth Fund regarding a partnership agreement has highlighted the risks associated with capital market betting agreements and the strategic missteps of the leading water buffalo milk company during its diversification efforts [1][6]. Group 1: Partnership Agreement and Legal Dispute - The partnership agreement was signed on November 11, 2019, with Dongyue Wealth Fund investing 310 million yuan, representing 50.74% of the capital, while Huangshi Group contributed 300 million yuan, accounting for 49.1% [2]. - A supplementary agreement included key clauses ensuring a minimum annual return of 6.5% on the investment for Dongyue Wealth Fund, with Huangshi Group responsible for covering any shortfall [2]. - The failure to disclose critical terms of the supplementary agreement led to a lawsuit in November 2023, as Huangshi Group had not paid the agreed returns for three consecutive years [2][3]. Group 2: Company Performance and Strategic Challenges - Huangshi Group has faced significant financial challenges, with a cumulative loss exceeding 1.4 billion yuan since 2020, and a 231.9% year-on-year increase in net profit loss for 2024 [6][7]. - The company's diversification into unrelated sectors, such as film, education, and solar energy, has resulted in resource misallocation and increased management costs, further straining its financial position [7]. - The company's liquidity ratio stands at 0.83, indicating potential difficulties in meeting short-term liabilities, with interest-bearing debt rising to 2.295 billion yuan, while cash reserves are only 381 million yuan [7]. Group 3: Market Reaction and Future Implications - Following the lawsuit disclosure, Huangshi Group's stock price has dropped over 40%, severely impacting investor confidence and complicating future capital-raising efforts [8]. - The ongoing legal proceedings may lead to increased asset-liability ratios if the court enforces joint liability, raising concerns about the company's financial stability [8].

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002329 证券简称：皇氏集团 公告编号：2025–045 皇氏集团股份有限公司 关于诉讼事项的进展公告 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。 特别提示： 1．案件所处的诉讼阶段：二审判决。 2．上市公司所处的当事人地位：上诉人（原审被告）。 3．涉案的金额：投资转让款31,000万元及相关差额补足款等。 2025年1月9日，公司收到山东省高级人民法院（以下简称"山东高院"）送达的（2025）鲁民终20号《受 理案件通知书》等材料。公司不服一审判决、向山东高院提起上诉并获受理，具体内容详见公司在巨潮 资讯网（http://www.cninfo.com.cn）上披露的《关于诉讼事项的进展公告》（公告编号：2025-003）。 二、本次诉讼的进展情况 2025年6月4日，公司收到山东高院送达的（2025）鲁民终20号《民事判决书》，判决结果如下： 4．对上市公司损益产生的影响：本次判决为终审判决，尚未执行。基于谨慎性原则，公司2024年度财 务报表已根据一审判决结果计提预计负债19,071.8 ...

证券代码：002329 证券简称：皇氏集团 公告编号：2025–045 皇氏集团股份有限公司 关于诉讼事项的进展公告 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。 4．对上市公司损益产生的影响：本次判决为终审判决，尚未执行。基于谨 慎性原则，公司 2024 年度财务报表已根据一审判决结果计提预计负债 19,071.85 万元。上述案件最终对公司本期利润及期后利润产生的影响将以年审会计师事务 所的判断为准，公司将根据相关规定对本诉讼事项的进展情况及时履行信息披露 义务，请广大投资者注意投资风险。 一、本次诉讼的基本情况 2023 年 11 月 22 日，皇氏集团股份有限公司（以下简称"公司"）在巨潮资 讯网（http://www.cninfo.com.cn）上披露了《关于诉讼事项的公告》（公告编号： 2023-119），因与公司、皇氏数智有限公司（以下简称"皇氏数智"，皇氏数智 100%股权已转让，不再纳入公司合并报表范围）发生合伙合同纠纷，泰安市东岳 财富股权投资基金有限公司（以下简称"东岳财富基金"）向山东省泰安市中级 人民法院（以下简称"泰安中院"）提起 ...

Group 1 - The legal opinion letter confirms that the 2024 annual general meeting of Huangshi Group Co., Ltd. was convened and held in accordance with relevant laws and regulations [2][4][12] - The meeting was called by the company's board of directors, and the notice was published on multiple platforms including China Securities Journal and Shanghai Securities Journal [3][4] - The meeting took place on May 21, 2025, at the company's conference room in Nanning, Guangxi, and was presided over by the chairman [3][5] Group 2 - A total of 23 shareholders and their proxies attended the meeting, representing 78 shareholders and 232,047,808 shares, which is 27.8768% of the total shares [5][6] - The meeting also allowed for online voting, with 308 shareholders participating, representing 18,767,680 shares, or 2.2547% of the total shares [5][6] - The qualifications of the attendees and the convenor were confirmed to be valid and in compliance with legal requirements [5][11] Group 3 - The voting process combined both on-site and online methods, adhering to the company's articles of association and relevant regulations [6][11] - All proposed resolutions were consistent with the board's announcements, and no new proposals were introduced during the meeting [6][11] - The results of the voting showed overwhelming support for the resolutions, with most receiving over 99% approval [7][10][11] Group 4 - The legal opinion concludes that the meeting's procedures, participant qualifications, and voting results are all valid and comply with applicable laws and regulations [11][12]

Meeting Overview - The meeting was held on May 21, 2025, from 14:30 to 15:30, combining on-site and online voting methods [1] - The location of the meeting was at the company's conference room in Nanning, Guangxi [1] - A total of 331 participants represented 386 shareholders, with shares totaling 250,815,488, accounting for 30.1315% of the company's voting shares [1] Shareholder Participation - Among the participants, 326 were small shareholders representing 381 shareholders and 30,555,780 shares, which is 3.6708% of the voting shares [2] - The on-site voting participation was 27.8768%, while 308 shareholders participated through online voting, representing 18,767,680 shares, or 2.2547% of the voting shares [1][2] Proposal Voting Results - The meeting reviewed several proposals, including the 2024 profit distribution plan and the 2025 mid-term cash dividend proposal [3] - Special voting items (Proposal 8, 9, and 11) required more than 2/3 of the valid voting rights held by attending shareholders to pass [3] - Proposal 9 involved the incentive plan for restricted stock, with 18,788,620 shares abstaining from voting [3] Legal Compliance - The meeting's procedures complied with the Company Law and relevant regulations, ensuring the legality of the attendees and voting results [4] - The resolutions were confirmed by signatures from attending directors and the recording person, along with the board seal [4]

证券代码：002329 证券简称：皇氏集团 公告编号：2025-044 皇氏集团股份有限公司 2024 年度股东大会决议公告 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。 特别提示： 4．根据《公司法》《公司章程》《上市公司股东大会规则》的相关规定， 议案 8、议案 9、议案 11 对中小投资者的表决单独计票。 一、会议召开和出席情况 （一）现场会议召开时间：2025 年 5 月 21 日下午 14:30-15:30； 通过深圳证券交易所交易系统网络投票时间：2025 年 5 月 21 日上午 9:15-9:25，9:30-11:30，下午 13:00-15:00。 通过深圳证券交易所互联网投票系统投票的具体时间：2025 年 5 月 21 日 9:15-15:00 期间的任意时间。 （二）召开地点：广西南宁市高新区丰达路 65 号公司会议室； （三）召开方式：现场投票和网络投票相结合； 1 1．本次股东大会未出现否决议案的情形。 2．本次股东大会未涉及变更前次股东大会决议的情形。 3．本次会议以现场投票和网络投票相结合的方式召开。 （四）召集人：本公司董事 ...

北京市康达律师事务所关于 北京市朝阳区建外大街丁 12 号英皇集团中心 8、9、11 层 8/9/11/F, Emperor Group Centre, No.12D, Jianwai Avenue, Chaoyang District, Beijing,100022, P.R.China 电话/Tel.:010-50867666 传真/Fax:010-56916450 网址/Website:www.kangdalawyers.com 北京 西安 深圳 海口 上海 广州 杭州 沈阳 南京 天津 菏泽 成都 苏州 呼和浩特 香港 武汉 郑州 长沙 厦门 重庆 合肥 宁波 济南 昆明 南昌 皇氏集团股份有限公司 2024 年度股东大会 1、本所律师所发表的法律意见，仅依据本法律意见书出具日以前发生或存在的事 实并基于本所律师对有关法律、法规和规范性文件的理解而形成。在本法律意见书中， 本所律师仅就公司本次会议的召集和召开程序、出席会议人员和召集人的资格、会议 的表决程序和表决结果等事项进行审查和见证后发表法律意见，不对本次会议所审议 议案的内容以及在议案中所涉及的事实和数据的真实性和准确性发表意见。 2、本所律师 ...