Core Points - ST Lingnan has been prosecuted for collusion in bidding, with a court date set for October 31, 2025 [3] - The company announced that shareholder Yin Hongwei's 20 million shares (1.10% of total shares) were sold at auction for 36.288 million yuan [5] - As of November 4, the company's stock price closed at 1.93 yuan per share, down 3.02%, with a total market capitalization of approximately 3.5 billion yuan [1][2] Legal Issues - The company is cooperating with law enforcement and the court regarding the collusion in bidding case [3] - The total amount involved in ongoing litigation and arbitration cases is approximately 131 million yuan, which represents 12.28% of the company's latest audited net assets [4] - No single litigation or arbitration case exceeds 10 million yuan or 10% of the company's net assets [4] Financial Performance - For the first three quarters of 2025, the company reported revenue of approximately 253 million yuan, a year-on-year decline of 68.75% [4] - The net profit attributable to shareholders was approximately -206 million yuan, indicating a reduction in losses compared to the previous year [4] Shareholder Actions - Yin Hongwei's shares have faced multiple judicial sales, with a total of approximately 208 million shares frozen and 1.294 billion shares under pending judicial actions [6] - The recent auction of shares indicates ongoing financial distress for the shareholder, which may lead to further judicial disposals [6]

Core Viewpoint - ST Lingnan is facing multiple legal challenges, including a recent lawsuit for alleged collusion in bidding, which may impact its operations and finances depending on court outcomes [2][5]. Group 1: Legal Issues - ST Lingnan received a summons from the Henan Province Tangyin County People's Court for a hearing on October 31, related to allegations of collusion in bidding [2]. - The company is also involved in a lawsuit initiated by the Agricultural Development Bank of China, with a claim amounting to 294 million yuan due to a financial loan contract dispute [5]. - As of October 28, 2025, ST Lingnan has reported approximately 131 million yuan in undisclosed litigation and arbitration matters, representing 12.28% of its latest audited net assets [5]. Group 2: Financial Impact - The ongoing legal issues have not yet significantly affected the company's production and operations, but the potential financial impact remains uncertain pending court decisions [5]. - ST Lingnan's recent financial performance has been poor, with a reported revenue of 253 million yuan for the first three quarters of 2025, a decrease of 68.75% year-on-year, and a net loss of 206 million yuan [6]. Group 3: Management Issues - The company's current co-chairman and legal representative, Yin Hongwei, is under investigation by the China Securities Regulatory Commission for violations related to information disclosure [5]. - ST Lingnan has filed a lawsuit against Yin Hongwei for the recovery of 142 million yuan in misappropriated funds, which has not yet been resolved [6].

Core Viewpoint - ST Lingnan has been accused of collusion in bidding and is facing legal proceedings, which may impact its operations and financial status in the future [1][3][4]. Group 1: Legal Issues - The company has been formally charged with collusion in bidding, with a court date set for October 31, 2025 [3]. - As of October 28, 2025, the company and its subsidiaries have faced litigation and arbitration totaling approximately 131 million yuan, which represents 12.28% of the company's latest audited net assets [4]. Group 2: Shareholder Actions - Shareholder Yin Hongwei's 20 million shares (1.10% of total shares) were sold at auction for 36.288 million yuan on November 2, 2025 [5]. - Yin Hongwei has faced multiple judicial sales of his shares, with a total of approximately 208 million shares frozen and 1.294 billion shares under pending judicial actions [6]. Group 3: Financial Performance - For the first three quarters of 2025, the company reported revenues of approximately 253 million yuan, a year-on-year decline of 68.75%, and a net loss attributable to shareholders of approximately 206 million yuan [4].

Core Viewpoint - ST Lingnan has been indicted for collusion in bidding, with a court date set for October 31, 2025, and the company is cooperating with authorities [2]. Company Summary - ST Lingnan received a summons from the People's Court of Tangyin County, Henan Province, regarding allegations of collusion in bidding [2]. - The company stated that this incident has not yet significantly impacted its production and operations [2]. - The potential effects on the company's operations and finances will depend on the court's further judgment [2]. - ST Lingnan will continue to monitor the situation and fulfill its information disclosure obligations [2]. - On November 4, ST Lingnan's stock fell by 3.02%, closing at 1.93 yuan per share, with a total market capitalization of 3.513 billion yuan [2].

Core Viewpoint - ST Lingnan has been indicted for collusion in bidding, with a court date set for October 31, 2025, which was announced four days after the lawsuit was filed [2][8]. Financial Performance - As of November 4, 2023, ST Lingnan's stock price was 1.93 CNY per share, with a total market capitalization of 3.513 billion CNY [5]. - The company's revenue for 2022, 2023, and 2024 was 2.569 billion CNY, 2.131 billion CNY, and 862 million CNY respectively, showing a significant decline [12]. - The net profit attributable to shareholders for the same years was -1.554 billion CNY, -1.092 billion CNY, and -984 million CNY, indicating ongoing financial losses [12]. - In the first three quarters of 2025, ST Lingnan's revenue decreased by 68.75% to 253 million CNY, while the net profit attributable to shareholders improved by 23.34% to -206 million CNY [15]. Business Operations - ST Lingnan, founded in 1998 and listed in 2014, focuses on planning and design, water resources, municipal and landscaping services, and cultural technology and tourism [12]. - The company provides a one-stop service from investment, planning, construction to operation through its five subsidiaries [12]. - The significant drop in revenue in 2024 was attributed to cyclical industry adjustments and a restructuring of market supply and demand [15].

Core Viewpoint - The company ST Lingnan (002717.SZ) has been indicted for collusion in bidding, with a court date set for October 31, 2025. Currently, this legal issue has not significantly impacted the company's operations [1]. Group 1 - The company has received a summons from the People's Court of Tangyin County, Henan Province [1]. - The court hearing is scheduled for the morning of October 31, 2025, at 8:30 AM [1]. - The company is accused of collusion in bidding, which is a serious legal charge [1]. Group 2 - As of now, the ongoing legal proceedings have not had a major effect on the company's production and operations [1].

格隆汇11月4日丨ST岭南（维权）(002717.SZ)公布，近日收到了河南省汤阴县人民法院送达的《传票》 （（2025）豫0523刑初223号），开庭日期为2025年10月31日上午8时30分。公司涉嫌串通投标罪被起 诉，公司将积极配合公安机关、法院做好相关工作，依法采取有效措施。截至目前，上述事件暂未对公 司的生产经营产生重大影响。本次事件是否对公司经营、财务方面产生影响有待法院进一步判决。 ...

岭南生态文旅股份有限公司 关于股东部分股份被司法变卖的进展公告 股东尹洪卫、中山华盈产业投资合伙企业（有限合伙）及其一致行动人中山火 炬华盈投资有限公司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。 岭南生态文旅股份有限公司（以下简称"公司"）于 2025 年 10 月 18 日披露了 《关于股东部分股份将被变卖及第二次司法拍卖的公告》，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合计 20,000,000 股股份（占公司总股本的 1.10%） 被广东省东莞市中级人民法院于 2025 年 11 月 2 日 14:00 时开始在京东网络司法拍卖 平台上进行司法变卖。本次变卖已按期进行，现将本次司法变卖结果公告如下： 证券代码：002717 证券简称：ST 岭南 公告编号：2025-128 二、股东股份累计被拍卖情况 截至本公告披露日，公司股东尹洪卫先生除本次所持的 20,000,000 股股份（尚 未完成过户）被司法变卖外，2024 年 12 月，其持有的 19,257,354 股股份已在人民法 ...

证券代码：002717 证券简称：ST 岭南 公告编号：2025-129 岭南生态文旅股份有限公司 二、对公司的影响 截至目前，上述事件暂未对公司的生产经营产生重大影响。本次事件是否对公 司经营、财务方面产生影响有待法院进一步判决。公司将持续关注上述事件的进展 情况并及时履行信息披露义务，敬请广大投资者注意投资风险。 三、备查文件 关于公司收到法院传票的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、基本情况 岭南生态文旅股份有限公司（以下简称"公司"）近日收到了河南省汤阴县人 民法院送达的《传票》（（2025）豫0523刑初223号），开庭日期为2025年10月31日 上午8时30分。公司涉嫌串通投标罪被起诉，公司将积极配合公安机关、法院做好相 关工作，依法采取有效措施。 特此公告。 岭南生态文旅股份有限公司董事会 2025 年 11 月 5 日 《传票》 ...

Core Viewpoint - ST Lingnan (002717.SZ) has been indicted for collusion in bidding, with a court date set for October 31, 2025. The incident has not yet significantly impacted the company's operations [1]. Company Summary - The company has received a subpoena from the People's Court of Tangyin County, Henan Province [1]. - The court hearing is scheduled for the morning of October 31, 2025, at 8:30 AM [1]. - Currently, the legal issue has not had a major effect on the company's production and operations [1].