JIANYI GROUP(SZ:002789) Zheng Quan Shi Bao Wang·2025-11-18 10:00Core Viewpoint - The appointment of He Zhenxiang as the new deputy general manager of *ST Jianyi has attracted market attention, especially given the company's pressure to maintain its listing status [1][2][6]. Group 1: Company Management Changes - *ST Jianyi's board approved the appointment of He Zhenxiang as deputy general manager, which was proposed by the company's general manager and reviewed by the board's nomination committee [1]. - He Zhenxiang has a background in Southern Yingu Technology Co., Ltd., which has historical ties to the capital market and was previously the controlling shareholder of Wantong Technology [1][2]. Group 2: Background of He Zhenxiang - He Zhenxiang, born in 1984, holds a master's degree and has held various positions in different companies, including project manager at Shenzhen Maoye Group and investment manager at Shenzhen Kingdee Investment Development Co., Ltd. [2]. - Currently, he serves as a director at Southern Yingu and other companies, indicating a significant presence in the industry [3]. Group 3: Southern Yingu's Historical Context - Southern Yingu is known for its involvement in a control dispute over Wantong Technology, where it became the controlling shareholder in 2019 but faced internal and external challenges leading to a change in control by 2022 [4]. - The company has since reduced its visibility in the capital market, controlling over 20 enterprises, but is not listed among the top shareholders of *ST Jianyi [5]. Group 4: Financial Status of *ST Jianyi - As of the end of the third quarter, *ST Jianyi reported a negative equity of -1.148 billion yuan, indicating significant financial distress [7]. - The company is actively seeking to improve its financial situation, including a proposed transfer of 77% equity in its subsidiary Jianyi Mining to its controlling shareholder, with an estimated transaction value between 924 million and 1.155 billion yuan [8].