HAINAN HAIYAO(SZ:000566) Shen Zhen Shang Bao·2025-10-08 21:15Core Viewpoint - Hainan Haiyao (Shenzhen Stock Code: 000566) announced that due to a contractual dispute, a portion of shares held by its shareholder, Shenzhen Nanfang Tongzheng Investment Co., Ltd. ("Nanfang Tongzheng"), will be subject to judicial auction, with significant implications for the company's ownership structure and financial health [2][4]. Group 1: Judicial Auction Details - The Wuhan Intermediate People's Court plans to publicly auction 131 million shares of Hainan Haiyao, which represents 98.11% of Nanfang Tongzheng's total holdings and 10.08% of the company's total share capital, on October 15-16, 2025, and November 6-7, 2025 [2][3]. - Nanfang Tongzheng is currently the second-largest shareholder of Hainan Haiyao, holding 133 million shares, which accounts for 10.28% of the total share capital, all of which are pledged and frozen [3]. Group 2: Company Financial Performance - Hainan Haiyao has been facing significant financial losses, with net profits attributed to shareholders projected at -106 million yuan for 2023 and -1.525 billion yuan for 2024. In the first half of 2025, the company reported revenues of 450 million yuan, a year-on-year decrease of 24.12%, and a net profit of -158 million yuan, an increase in loss of 20.97% year-on-year [4]. - The company's stock price increased by 1.48% to 5.50 yuan per share as of September 30, 2023, with a total market capitalization of 7.136 billion yuan [5].