或导致易主！002547，实控人股份遭二次拍卖

Core Viewpoint - The upcoming judicial auction of approximately 170 million shares held by Sun Jiexiao, the controlling shareholder of Chunxing Precision, may lead to a change in the company's actual controller [2][5][7]. Group 1: Shareholder Information - Sun Jiexiao holds about 170 million shares, representing 55.91% of her total holdings and 15.05% of the company's total share capital [5][9]. - If the shares are fully auctioned, it could reduce Sun Jiexiao and her concerted action partner Yuan Jing's combined shareholding to below 15% [10][20]. - The shares are being auctioned due to a contractual dispute, with the auction conducted by the Beijing Financial Court [7][8]. Group 2: Financial Performance - Chunxing Precision has faced continuous losses since 2020, with cumulative losses exceeding 2.6 billion yuan from 2020 to 2024 [16][17]. - For the first half of 2025, the company reported revenue of 977 million yuan, a year-on-year decline of 3%, and a net loss of 129 million yuan, which is an increase in losses compared to the previous year [19]. - As of the end of the second quarter of 2025, the company had short-term borrowings and current liabilities totaling 2.682 billion yuan, while cash reserves were only 375 million yuan [19]. Group 3: Legal Issues - Sun Jiexiao has a history of legal troubles, including a conviction for insider trading, which resulted in a three-year prison sentence with a four-year probation and a fine of 400,000 yuan [11][15][13]. - The insider trading case involved the acquisition of CALIENT Technologies, which led to significant financial losses for Chunxing Precision [13][19]. Group 4: Market Position - As of September 8, 2025, Chunxing Precision's stock price was 5.82 yuan per share, with a total market capitalization of 6.565 billion yuan [22].