61岁浙江富豪被刑拘,妻子刚套现3.27亿
Xin Lang Cai Jing·2025-12-26 09:20

Core Viewpoint - The sudden criminal detention of Xu Jiding, a major shareholder and actual controller of Tian Tie Technology, has led to a significant drop in the company's stock price, raising concerns about its future and market perception [1][3][25]. Company Overview - Xu Jiding, the founder of Tian Tie Technology, has been involved in the rubber industry since 1986 and established the company in 2003, which focuses on rail structure vibration reduction and noise reduction products [6][32]. - The company went public on the Shenzhen Stock Exchange in 2017 and has diversified into three main sectors: rail structure vibration reduction, lithium materials, and building isolation [6][32]. - Xu Jiding holds 94.19 million shares, representing a 7.25% stake, making him the largest shareholder [7][32]. Recent Developments - Xu Jiding was detained by the police on December 25, with family members stating that the investigation is personal and unrelated to the company's operations [3][28]. - Despite the company's assurance that the detention will not affect daily operations, the stock price fell nearly 15% after the news, resulting in a market value loss of approximately 1.2 billion [3][28]. Financial Performance - Tian Tie Technology has faced declining performance, with net profits showing losses of 627 million and 48 million for the years 2023 and 2024, respectively [15][39]. - For the first three quarters of 2025, the company reported revenues of 1.232 billion, a year-on-year decrease of 30.69%, and a net loss of 58 million, a decline of 340.02% [17][41]. Shareholder Actions - Xu Jiding's wife, Wang Meiyu, has significantly reduced her holdings, cashing out approximately 327 million through share sales, while much of the family's stock is under pledge [20][44]. - The company has been under scrutiny for various regulatory issues, including fund misappropriation and undisclosed related-party transactions [8][32]. Market Reaction - The stock price of Tian Tie Technology has seen significant volatility, with a rise of over 171% from 3.54 yuan to a peak of 9.59 yuan before the recent drop [23][46]. - The market is now reassessing the company's value in light of the recent developments and the ongoing financial struggles [25][48].

61岁浙江富豪被刑拘,妻子刚套现3.27亿 - Reportify