2025.10. 20 本文字数：863，阅读时长大约1分钟 来源 | 证券时报·e公司 10 月 20 日晚间，善水科技（ 301190 ）公告，公司 10 月 19 日收到公司实际控制人、董事长 兼总经理黄国荣家属的通知，黄国荣因个人原因被采取刑事强制措施。 据披露，善水科技于 2025 年 10 月 20 日紧急召开第三届董事会第十七次会议，除公司董事长黄 国荣未能出席，其他与会董事一致同意由董事吴新艳代为履行公司董事长及法定代表人职责，以及代 为履行公司董事会相关委员会成员及总经理的职责。 黄国荣与吴新艳系夫妻关系，此外上市公司股东刘杰为吴新艳舅舅。 黄国荣现年 50 岁， 1996 年 8 月至 2007 年 12 月任杭州下沙恒升化工有限公司研究员，研究所 所长； 2008 年 5 月至 2012 年 4 月任九江之江化工有限公司副总经理； 2017 年 4 月至 2019 年 5 月担任彭泽九银村镇银行股份有限公司董事； 2012 年 5 月至今在善水科技工作，现除上市公 司董事长、总经理外，还兼任共青城正祥投资管理合伙企业（有限合伙），赣州泽祥睿宝投资管理合 伙企业（有限合伙）执行事务合伙人， ...

Core Viewpoint - The sudden criminal measures taken against Huang Guorong, the actual controller and chairman of Shanshui Technology, have led to a significant drop in the company's stock price and market value, prompting immediate management changes to ensure continuity in operations [1][2][3]. Group 1: Company Management Changes - Huang Guorong has been placed under criminal coercive measures, leading to a 17.04% drop in Shanshui Technology's stock price on October 20, resulting in a market value loss of nearly 1 billion yuan [1]. - The board of directors convened an emergency meeting to appoint Wu Xinyan as the acting chairman and legal representative during Huang's absence, ensuring that company operations continue smoothly [1][3]. - Wu Xinyan, the second-largest shareholder with 25 million shares (11.65% ownership), is married to Huang Guorong and has been involved in the company since 2012 [3]. Group 2: Company Performance and Governance - Shanshui Technology reported a revenue of 305 million yuan for the first half of 2025, reflecting a year-on-year increase of 23.08%, while the net profit attributable to shareholders decreased by 11.77% to 47.77 million yuan [3]. - The company maintains a stable management system and mature governance structure, with plans to strengthen operational management in light of recent events [2][4].

Financial Performance - China Mobile reported a net profit of 31.1 billion yuan for Q3 2025, a year-on-year increase of 1.4% [1] - iFlytek's Q3 net profit increased by 202.4%, reaching 172 million yuan, with revenue of 6.078 billion yuan, up 10.02% year-on-year [2] - China Shipbuilding expects a net profit of 5.55 to 6.15 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 104.3% to 126.39% [3] - Industrial Fulian plans to distribute a cash dividend of 3.3 yuan per 10 shares, totaling 6.551 billion yuan, which is 54.08% of its net profit for the first half of 2025 [4] - Alloy Investment reported a Q3 net profit of 2.68 million yuan, a staggering increase of 4985.25% [11] - Yonghe shares achieved a Q3 net profit of 198 million yuan, up 485.77% year-on-year [12] - Dazhu CNC's Q3 net profit grew by 282% to 228 million yuan [13] - Dingtong Technology's net profit for the first three quarters increased by 125% to 177 million yuan [14] - Shenneng Power's Q3 net profit rose by 56.69% to 117 million yuan [15] - Runben shares reported a slight decline in Q3 net profit by 2.89% [16] - Dayang Bio's Q3 net profit increased by 56.12% to 29.53 million yuan [18] - Kaile shares reported a 159.14% increase in net profit for the first three quarters [19] Corporate Actions - Wanrun Technology clarified that recent market rumors regarding online roadshows and large orders were false [5] - Dongtu Technology announced a stock suspension while planning to acquire assets from Beijing Gaoweike Electric Technology [6] - Guangsheng Nonferrous Metals is merging two wholly-owned rare earth subsidiaries to enhance operational efficiency [7] - Sanwater Technology's actual controller and chairman was taken under criminal coercive measures, but operations remain normal [8] - Xingchen Technology completed the acquisition of a 53.3087% stake in Shanghai Furui Kun Microelectronics [9] - Yiyi Co. announced a stock suspension while planning to issue shares and raise funds for asset acquisition [10] - Yingtai Group's subsidiary received antitrust approval for the acquisition of Huatuo Pharmaceutical for 369 million yuan [11] Major Contracts - Dash Intelligent won a 96 million yuan smart transportation project as the lead partner in a consortium [23]

Core Viewpoint - The announcement from Shanshui Technology regarding the criminal coercive measures taken against its actual controller and chairman Huang Guorong has led to significant market reactions, including a sharp decline in stock price, raising concerns about potential information leakage [1][2]. Group 1: Company Management Changes - On October 19, Huang Guorong was subjected to criminal coercive measures, prompting Shanshui Technology to hold an emergency board meeting on October 20 [1]. - During the board meeting, director Wu Xinyan was appointed to assume the roles of chairman and legal representative in Huang's absence [1]. - The company reassured that it has a stable management system and governance structure, and operations are continuing normally [1]. Group 2: Market Reaction - Following the announcement, Shanshui Technology's stock price fell sharply, closing down 17.04% at 22.88 yuan per share after hitting the daily limit down [1]. - There are allegations from investors on social media suggesting that the news may have been leaked prior to the official announcement [1]. Group 3: Company Background and Financial Performance - Shanshui Technology, established in 2012, specializes in the R&D, production, and sales of dye intermediates, pesticides, and pharmaceutical intermediates, with a key product being 2,3-dichloropyridine [2]. - The company went public on the ChiNext board in 2021 [2]. - Huang Guorong and Wu Xinyan, who are married, collectively hold over 45% of the company's shares [2]. - For 2024, Shanshui Technology reported a revenue of 505 million yuan, a year-on-year increase of 1.88%, but a significant drop in net profit by 47.63% to 60 million yuan [2]. - In the first half of 2025, revenue increased by 23.08% to 305 million yuan, yet net profit decreased by 11.66% to 48 million yuan [2]. - The decline in net profit is attributed to external market factors, reduced product prices, and insufficient capacity release during trial production of fundraising projects [2].

Core Viewpoint - The chairman of Shanshui Technology, Huang Guorong, has been subjected to criminal coercive measures, leading to a significant drop in the company's stock price on October 20 [3]. Group 1: Company Management and Structure - Following the incident, the board of directors convened, and director Wu Xinyan will temporarily assume the roles of chairman and legal representative, as well as responsibilities related to the board committees and general manager duties [5]. - The company maintains a stable management system and mature governance structure, ensuring that operations continue normally while management will enhance operational oversight [5]. Group 2: Financial Performance - In the first half of 2025, Shanshui Technology reported revenue of 305 million yuan, a year-on-year increase of 23.08%, while net profit attributable to shareholders decreased by 11.77% to 47.77 million yuan [7]. - The company is experiencing a gradual release of production capacity for chlorinated pyridine series products, which is expected to improve gross margins due to economies of scale and reduced unit costs [7]. Group 3: Stock Market Reaction - On October 20, the stock price of Shanshui Technology fell sharply, reaching a limit down, closing at 22.88 yuan per share, with a total market capitalization of 4.9 billion yuan [7].

Core Viewpoint - The chairman and actual controller of Shanshui Technology, Huang Guorong, has been subjected to criminal coercive measures, leading to a significant drop in the company's stock price on October 20 [2][4]. Company Management - Following the incident, the board of directors convened, and director Wu Xinyan will temporarily assume the roles of chairman and legal representative, as well as responsibilities related to the board committees and general manager duties [4]. - The company asserts that its production and operations are normal, and the management team will enhance operational management [4]. Financial Performance - In the first half of 2025, Shanshui Technology reported revenue of 305 million yuan, a year-on-year increase of 23.08%, while the net profit attributable to shareholders decreased by 11.77% to 47.77 million yuan [6]. - The company is experiencing a gradual release of production capacity for its chlorinated pyridine series products, which is expected to improve gross margins due to economies of scale and reduced unit costs [6]. Shareholder Information - Huang Guorong, aged 50, holds 40 million shares, representing an 18.64% stake, making him the largest shareholder of Shanshui Technology [4]. - His annual salary is reported to be 1.1238 million yuan, reflecting an increase of 68,300 yuan compared to the previous year [5]. Stock Market Reaction - On October 20, the stock price of Shanshui Technology fell sharply, reaching a low of 22.88 yuan per share, with a total market capitalization of 4.9 billion yuan [6].

Core Points - The chairman and general manager of Shanshui Technology, Huang Guorong, has been subjected to criminal coercive measures for personal reasons [1][2] - The company held an emergency meeting on October 20, 2025, where board member Wu Xinyan was appointed to perform the duties of chairman and legal representative, as well as the responsibilities of relevant committee members and general manager [1][2] - The company's production and operations are currently running normally, and the management will enhance operational management while continuously monitoring the developments regarding the aforementioned matters [1][2]

Core Viewpoint - The stock of Shanshui Technology has experienced a significant decline of 17.04%, closing at 22.88 yuan, with a market capitalization of 4.911 billion yuan [2][3]. Financial Performance - For the first half of 2025, the company reported a revenue of 305 million yuan, representing a year-on-year growth of 23.08% [4]. - The net profit attributable to shareholders decreased by 11.77% to 47.7767 million yuan during the same period [4]. - The company's chlorinated pyridine series production capacity is being gradually released, leading to increased production and a noticeable improvement in gross margin due to lower unit costs [4]. Market Activity - The stock's trading volume ratio was reported at 10, indicating significant trading activity [3]. - The stock price has fluctuated, with a high of 27.54 yuan and a low of 22.06 yuan during the trading session [3].

盘面上，善水科技今日大跌17.04%，股价报22.88元，市值49.11亿元。 | 善水科技 | | | | | --- | --- | --- | --- | | 301190 创 L1 | | | | | 高 22.88 | 27.54 市值 49.11亿 量比 10 | | | | ਜ਼ਿੰ | 22.06 流通 36.46亿 换 | | 12.9 | | -4.70 -17.04% 开 | 27.50 市盈 105.42 额 | | 4.8 | | 同在顺 席诺 | 异动解读:前期涨幅较大 + 获利资金出逃 + 半 ... ● | | | | 盘后固定交易价格 22.88 量 0 买一0 卖一0 | | | | | 分时 日K 周Ｋ | 五日 曲多。 | | | | 均价: 23.32 最新: 22.88 -4.70 -17.04% | | | | | 33.10 | 20.01% | 監档 | | | | 大单 23,00 | | | | 27.58- | 卖5 -0.00%. | | 22.92 | | | 24 | | 22.91 | | | 卖3 | | 22.90 | | | 重2 | | ...

Core Viewpoint - The actual controller, chairman, and general manager of the company, Huang Guorong, has been subjected to criminal coercive measures due to personal reasons, prompting the company to take immediate action in management restructuring [1] Group 1 - The company has convened a board meeting to address the situation and appointed director Wu Xinyan to assume the responsibilities of chairman and legal representative [1] - Wu Xinyan will also take on the roles of committee member and general manager of the board [1] - The company's production and operations remain normal, and the management team will enhance operational management [1]