Mei Ri Jing Ji Xin Wen·2026-01-09 16:11Core Viewpoint - *ST Lingda has appointed a new controlling shareholder, Jinzhai Jinwei Semiconductor Materials Co., Ltd., ending its previous status of having no controlling shareholder or actual controller [2][3] Group 1: Shareholder Changes - The restructuring plan involves a capital increase where *ST Lingda will issue approximately 398 million shares at a ratio of 15 shares for every 10 shares held, with no distribution to existing shareholders [3] - After the transfer, Jinwei Semiconductor will hold about 113 million shares, representing 16.99% of the total share capital, making it the largest shareholder [3][5] - The actual controller, Peng Qian, indirectly controls 133 million shares, accounting for 20% of the total share capital, with a lock-up period of 36 months [3][5] Group 2: Financial Status of New Shareholders - Jinwei Semiconductor, established in December 2024, has not yet generated revenue and reported a net loss of 241,600 yuan [8][10] - Zhejiang Zhongling, another participant in the restructuring, has shown revenue growth from 1.28 million yuan in 2022 to 129 million yuan in 2024, but has incurred cumulative losses of approximately 35.5 million yuan over three years [12][13] Group 3: Company Performance and Risks - *ST Lingda's core subsidiary, Jinzai Jiayue, is currently in a state of operational stagnation, with a negative net profit and revenue below 100 million yuan for the last accounting year [13] - The company faces delisting risks if its financial indicators trigger relevant regulations in the upcoming fiscal year [13]