员工巨亏过亿，603378实控人陷困局

Core Viewpoint - The company Yashi Chuangneng (亚士创能) and its actual controller are facing severe financial difficulties due to an unfulfilled "bottom line" commitment related to employee stock ownership plans, leading to significant losses and legal disputes [2][3][4]. Group 1: Financial Commitments and Losses - The actual controller, Li Jinchong, and the controlling shareholder, Shanghai Chuangneng Ming Investment Co., have had all their shares frozen due to the failure to meet commitments related to employee stock ownership plans [4][6]. - The employee stock ownership plans promised a minimum annual return of 6%, but the company's stock price has plummeted over 88% from its peak, resulting in estimated losses of approximately 108 million yuan, with total liabilities exceeding 125 million yuan when including the promised returns [2][9][10]. Group 2: Shareholding and Freezing of Shares - As of the announcement date, the controlling shareholder and actual controller collectively held 228 million shares, representing 53.21% of the company, with 88.11% of these shares already frozen [5][12]. - The freezing of shares is primarily linked to the unfulfilled commitments of the employee stock ownership plans, which have led to legal actions from plan participants seeking asset preservation [6][13]. Group 3: Company Performance and Debt - Yashi Chuangneng's financial performance has deteriorated significantly, with revenue dropping by 76.97% year-on-year to 397 million yuan, and a net loss of 311 million yuan reported [11][13]. - The company's debt levels have increased, with a debt-to-asset ratio rising from 60.26% in 2020 to 81.35% in 2023, and interest-bearing liabilities reaching 2.551 billion yuan, while cash reserves are only 142 million yuan [11][13].