600360，退市风险缓解

Core Viewpoint - *ST Huamei has successfully recovered all occupied funds amounting to 1.567 billion yuan from its former controlling shareholder, Shanghai Pengsheng, marking a significant progress in resolving its financial issues [2][10]. Group 1: Fund Recovery - The company announced on August 15 that it received a total of 1.567 billion yuan, which includes both the occupied funds and interest [2][10]. - The recovery consists of two parts: 2.4862 million yuan and 8.5731 million yuan in dividends for 2023 and 2024, respectively, totaling 1.10593 million yuan, which has been used to offset the occupied funds [9]. - The remaining amount of 15.56 billion yuan was paid by Yadong Investment to settle the balance of occupied funds and corresponding interest, in line with prior agreements [9]. Group 2: Share Transfer - The share transfer agreement between Shanghai Pengsheng and Yadong Investment has been completed, with the latter acquiring 22.32% of the total share capital of *ST Huamei [7]. - Prior to the transfer, Shanghai Pengsheng held 22.32% of the shares, which has now been reduced to 0% following the transfer [7]. Group 3: Regulatory Context - The company was previously suspended from trading due to failure to complete required rectifications by the deadline of August 12, 2025, as mandated by the Jilin Securities Regulatory Bureau [11][12]. - The rectification order required the company to recover 1.491 billion yuan of non-operational funds occupied by Shanghai Pengsheng and its affiliates within six months [11]. - With the resolution of the fund occupation issue, the risk of delisting for the company is expected to diminish [14].