格隆汇8月11日丨ST岭南(002717.SZ)在互动平台表示，公司暂无计划加入全运会建设，重大事项请以公 司发布的公告为准。 ...

Core Viewpoint - The company, Lingnan Ecological Culture and Tourism Co., Ltd., is facing significant financial difficulties, including the inability to repay its convertible bonds on time, which may lead to further legal and operational challenges [2][3][4]. Financial Performance - In 2024, the company's operating revenue was 861.84 million yuan, a decline of 59.55% compared to 2023 [3]. - The net profit attributable to shareholders for 2024 was -984.33 million yuan, indicating a reduction in the scale of losses compared to 2023 [3]. - For the first quarter of 2025, the net profit attributable to shareholders was -66.40 million yuan, a decrease of 26.36% compared to the same period in 2024 [3]. Debt and Credit Risks - The credit rating of the "Lingnan Convertible Bond" has been downgraded to C, indicating a high risk of default [2]. - The company is experiencing liquidity pressure due to delayed project payments and high asset-liability ratios, which may further weaken its financing capabilities [2][4]. Legal and Regulatory Issues - As of December 31, 2024, the company had 251 pending lawsuits with a total amount involved of 2.95 billion yuan, which is 13.02% of the latest audited net assets [7]. - The company is facing increased litigation risks due to payment delays to suppliers, which may further complicate its financial situation [6][7]. Asset Pledge and Collateral Risks - The company has pledged assets to secure the "Lingnan Convertible Bond," but the realizable value of these assets is uncertain due to the nature of the receivables and the need for cooperation from various parties [5][6]. - There is a risk that if the company files for bankruptcy within a year of the pledge, the collateral may be revoked [5]. Stock Market Risks - The company's stock is at risk of being delisted if the closing price remains below 1 yuan for 20 consecutive trading days, as per Shenzhen Stock Exchange regulations [6]. Management and Oversight - GF Securities has been appointed as the trustee for the "Lingnan Convertible Bond" and is monitoring the situation closely to protect the interests of bondholders [10].

证券代码：002717.SZ 证券简称：ST 岭南 二〇二五年八月 重要声明 本报告依据《可转换公司债券管理办法》《岭南生态文旅股份有限公司与广 发证券股份有限公司关于岭南生态文旅股份有限公司 2018 年公开发行的可转换 公司债券之受托管理协议》（以下简称"受托管理协议"）《岭南生态文旅股份 有限公司公开发行可转换公司债券募集说明书》（以下简称"募集说明书"）等 相关公开信息披露文件、第三方中介机构出具的专业意见等，由债券受托管理 人广发证券股份有限公司（以下简称"广发证券"）编制。广发证券对本报告 中所包含的从上述文件中引述内容和信息未进行独立验证，也不就该等引述内 容和信息的真实性、准确性和完整性做出任何保证或承担任何责任。 债券代码：128044.SZ 转债简称：岭南转债 岭南生态文旅股份有限公司 向不特定对象发行可转换公司债券 2025 年度第二十六次临时受托管理事务报告 债券受托管理人 一、"岭南转债"无法按期兑付 据公司《关于"岭南转债"不能按期兑付本息的公告》（公告编号：2024- 113）披露，公司现有货币资金无法偿付"岭南转债"，"岭南转债"无法按期 进行本息兑付。 据公司《关于公司主体及 ...

公司及控股子公司不存在其他应披露而未披露的诉讼、仲裁事项。 证券代码：002717 证券简称：ST 岭南 公告编号：2025－088 岭南生态文旅股份有限公司 关于累计诉讼、仲裁情况的公告 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。 根据《深圳证券交易所股票上市规则》等规则的要求，岭南生态文旅股份有限公 司（以下简称"公司"）对公司连续十二个月累计的诉讼、仲裁事项进行了统计，现将 有关内容公告如下： 一、累计诉讼的基本情况 截至2025年8月7日，公司及控股子公司连续十二个月内新增尚未披露的诉讼、仲 裁事项的涉案金额合计约为13,856.81万元，涉案金额累计达公司最近一期经审计归 属于母公司净资产的13.02%。 具体情况详见附件《连续十二个月内累计未披露诉讼、仲裁案件情况统计表》。 二、其他尚未披露的诉讼、仲裁事项 三、本次公告的诉讼、仲裁对公司本期利润或期后利润的可能影响 鉴于部分案件处于尚未开庭审理、尚未出具判决结果、判决结果尚未生效等阶 段，其对公司本期利润或期后利润的影响存在不确定性，公司将依据有关会计准则的 要求和实际情况进行相应的会计处理， ...

Core Viewpoint - Lingnan Ecological Culture and Tourism Co., Ltd. has completed the second phase of repayment for its convertible bonds, "Lingnan Convertible Bonds," and is addressing the implications of a shareholder's shares being subject to judicial auction [1][4]. Group 1: Convertible Bond Repayment - The company held a bondholders' meeting on January 22, 2025, to approve the repayment plan for the "Lingnan Convertible Bonds" [1]. - The second phase of repayment was completed on July 31, 2025, with funds allocated for bondholders whose bonds are under judicial or pledge freeze [1][2]. - Bondholders are required to submit relevant documentation by August 18, 2025, to facilitate the repayment process [2]. Group 2: Judicial Auction of Shares - A total of 166,500,000 shares held by shareholder Yin Hongwei, representing 9.15% of the company's total shares, are set to be auctioned [5]. - Yin Hongwei is not classified as a controlling shareholder, and the auction of his shares will not affect the company's control or operations [6][9]. - As of July 30, 2025, Yin Hongwei's total shareholding is 267,791,617 shares, which may decrease to 101,291,617 shares if the auction is successful [9].

Core Points - The company has completed the second phase of repayment for the "Lingnan Convertible Bond" as of July 31, 2025 [1] - A bondholders meeting was held on January 22, 2025, where the repayment plan was approved [1] - Bondholders are required to submit relevant documentation by August 18, 2025, to facilitate the repayment process [1] Summary by Sections - **Repayment Completion** - The second phase of repayment for the "Lingnan Convertible Bond" has been successfully completed [1] - **Bondholders Meeting** - A meeting was convened on January 22, 2025, to discuss and approve the repayment plan for the bonds [1] - **Documentation Requirements** - Bondholders must provide necessary documentation, including identification and proof of bond ownership, by August 18, 2025, to receive their payments [1]

Core Viewpoint - The company is undergoing a judicial auction of shares held by a significant shareholder, which may impact the ownership structure but is not expected to affect the company's operations negatively [1][3]. Auction Details - A total of 166,500,000 shares, representing 9.15% of the company's total equity, held by shareholder Yin Hongwei will be auctioned through the Dongguan Intermediate People's Court on the JD Network Judicial Auction platform [1]. - The auction is set to start on September 5, 2025, at 14:00 and will end on September 6, 2025, at 14:00 [1]. Shareholder's Auction History - As of the announcement date, Yin Hongwei has previously had 19,257,354 shares auctioned in December 2024, 70,000,000 shares that went unsold in June 2025, and 5,000,000 shares sold in July 2025 [2][3]. - The cumulative shares held by Yin Hongwei amount to 267,791,617, which is 14.71% of the total shares, with 19,257,354 shares already auctioned [3]. Impact on Company Control - The judicial auction of Yin Hongwei's shares will not lead to a change in the company's control, nor will it adversely affect the company's operations [2][3]. - The company will continue to monitor the situation and fulfill its information disclosure obligations as required [2][4].

证券代码：002717 证券简称：ST 岭南 公告编号：2025－087 岭南生态文旅股份有限公司 关于股东部分股份将被司法拍卖的公告 尹洪卫先生保证向本公司提供的信息内容真实、准确和完整，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公告内容与信息披露义务人 提供的信息一致。 特别提示： 1、本次被拍卖的股份为岭南生态文旅股份有限公司（以下简称"岭南股份"或 "公司"）持股 5%以上股东尹洪卫先生所持公司无限售条件流通股 166,500,000 股， 占公司总股本的 9.15%。 2、股东尹洪卫先生不属于公司的控股股东及其一致行动人。 3、目前该拍卖事项尚处于公示阶段，法院根据法律规定有权在拍卖开始前、拍 卖过程中中止拍卖或撤回拍卖，后续可能将涉及竞拍、缴款、股权变更过户等环节， 拍卖结果尚存在不确定性。敬请广大投资者理性投资，注意投资风险。 一、本次拍卖的基本情况 近日，公司获悉尹洪卫先生所持部分无限售流通股将被广东省东莞市中级人民 法院通过京东网络司法拍卖平台上进行拍卖，具体事项如下： | 股东名 | 是否为控股股东 或第一大股东及 | 本次拍卖等股 | 占其所持 | 占公司总 | 是 ...

| 证券代码：002717 | 证券简称：ST 岭南 | 公告编号：2025-086 | | --- | --- | --- | | 债券代码：128044 | 债券简称：岭南转债 | | 关于"岭南转债"第二期偿付完成的公告 岭南生态文旅股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 岭南生态文旅股份有限公司（以下简称"公司"）于2025年1月22日召开"岭南 转债"2025年第一次债券持有人会议，审议通过了《关于"岭南转债"偿债方案的议 案》。公司于2025年7月29日披露了《关于"岭南转债"第二期偿付的公告》。 "岭南转债"第二期偿付资金发放日为2025年7月31日（周四）。截至本公告披 露日，本公司已完成了"岭南转债"第二期偿付工作，现作如下提醒： 1、公司已知悉可转债持有人合计4户共计210张债券处于司法/质押冻结状态，公 司会将相应的偿付资金暂存于公司的偿债账户中。对于存在质押、冻结等权利受限情 况的债券，待其权利受限情况解除后可予以偿付，具体偿付方式及要求，须符合相关 法律法规的要求。 2、如因司法扣划、担保品划转、转托管以及非交易 ...

Group 1 - The stock price of ST Lingnan (002717) closed at 1.74 yuan on July 29, 2025, down 2.79% with a turnover rate of 4.82% and a trading volume of 771,100 shares, amounting to a transaction value of 134 million yuan [1] - On July 29, 2025, the net outflow of main funds from ST Lingnan was 33.67 million yuan, while retail investors saw a net inflow of 24.89 million yuan [2][4] - The company announced that it would issue convertible bonds, with the second phase of repayment scheduled for July 31, 2025, based on the remaining bond quantity of 4,107,192 units, with a repayment ratio of 1 bond for every 13 held [2] Group 2 - The company reported a significant decline in revenue for 2024, with total operating income of 861.84 million yuan, down 59.55% year-on-year, and a net loss of 984.33 million yuan, although the loss scale decreased by 9.86% [2] - In Q1 2025, the operating income was 67.60 million yuan, a year-on-year decrease of 77.85%, with a net loss of 66.40 million yuan, representing a reduction in loss scale by 26.36% [2] - Due to the inability to repay the "Lingnan Convertible Bonds," the company's credit rating has been downgraded to C level, indicating ongoing operational risks and potential delisting [2][4]