汇源发布公开信

Group 1 - Beijing Huiyuan issued a public letter on August 9, highlighting issues with its major shareholder, Zhuji Wenshenghui, including failure to fulfill capital contribution obligations and control over company governance, which infringes on the rights of minority shareholders [1][2] - The public letter revealed a significant mismatch between shareholder rights and capital contribution obligations, with Zhuji Wenshenghui committing to invest 1.6 billion but only contributing 22.8% of the registered capital, resulting in an overdue amount of 850 million [3] - The company has initiated legal action against Zhuji Wenshenghui and Wensheng Assets, which has been accepted by the court, due to the latter's failure to meet investment obligations [3][4] Group 2 - National Water Investment, which holds a 21.89% stake in Beijing Huiyuan through Zhuji Wenshenghui, may face uncertainties regarding its investment returns following the lawsuit initiated by Beijing Huiyuan [5][6] - National Water's previous plans to acquire additional shares from Shanghai Yongrui were halted due to a court-ordered freeze on the shares, complicating its investment strategy [6] - In 2024, National Water reported a revenue of 179 million, a decrease of 20.73%, while its net profit increased by 43.58% to 43.58 million, with investment income from Zhuji Wenshenghui accounting for 165.29% of its net profit [7][8]