上海崴城企业管理中心(有限合伙)(公司员工持股平台，以下简称"上海崴城")持有恒铭达股份347,063股 (占剔除恒铭达回购专用账户股份后总股本比例0.1391%)，齐军(董事、副总经理)、朱小华(董事)、黄淮 明(监事)、薛剑(监事)通过该持股平台合计持有恒铭达股份400,418股(占剔除恒铭达回购专用账户股份后 总股本比例0.1605%)，计划在公告披露之日起15个交易日后的3个月内(即2025年7月18日至2025年10月 17日)，以集中竞价和大宗交易方式通过上海崴城合计减持恒铭达股份不超过241,863股(占剔除恒铭达回 购专用账户股份后总股本比例0.0969%)。 中国经济网北京6月27日讯恒铭达（002947）(002947.SZ)昨日晚间发布公告称，公司于近日收到股东荆 世平、荆京平、夏琛、荆江、齐军、吴之星、朱小华、邹兵、黄淮明、薛剑出具的《股份减持计划告知 函》。 合计持有恒铭达股份83,197,269股(占剔除恒铭达回购专用账户股份后总股本比例33.3470%)的控股股 东、实际控制人荆世平、荆京平、夏琛、荆江拟在减持计划公告之日起15个交易日后的3个月内(即2025 年7月18日至20 ...

Core Viewpoint - Chengdu Dijiang, the controlling shareholder of Huason Pharmaceutical, has reduced its shareholding due to funding needs, but this change will not affect the company's control or ongoing operations [1][3]. Shareholding Changes - Before the recent changes, Chengdu Dijiang and its concerted parties held a total of 287,123,875 shares, accounting for 68.76% of the total share capital. After the reduction, they now hold 283,965,675 shares, which is 68.00% of the total [1][2]. - The reduction involved selling 948,400 shares through centralized bidding and 2,209,800 shares through block trading, totaling 3,158,200 shares sold [1][2]. Financial Performance - In 2024, Huason Pharmaceutical reported a revenue of 775 million yuan, a year-on-year increase of 12.04%. The net profit attributable to shareholders was approximately 76.73 million yuan, up 134.66% compared to the previous year [4][5]. - The net cash flow from operating activities was 161.77 million yuan, showing a decline of 26.25% year-on-year [4][5]. - Basic earnings per share increased to 0.1837 yuan, reflecting a growth of 134.61% [4][5]. Shareholding Structure - The shareholding structure indicates that Chengdu Dijiang holds 41.24% of the shares as unrestricted, while 17.34% are under restricted conditions. The total number of shares held by Chengdu Dijiang and its concerted parties has decreased from 290,472,175 shares (69.56%) to 283,965,675 shares (68.00%) [2][3].

皮海洲 | 立方大家谈专栏作者 若果真如此，支持未盈利企业上市，最终所支持的就不是未盈利企业的发展，而是支持了未盈利企业股 东的减持套现，这显然是违背了支持未盈利企业上市的初衷。甚至还妨碍了未盈利企业的发展。毕竟如 果未盈利企业不上市，创业团队的成员们还可以团结一心、共同努力，争取把企业做好做强，但企业上 市了，创业团队的成员们不用继续努力就可以实现财富自由了，如此一来，创业团队的成员们何必还要 吃苦受累顽强打拚呢？ 因此，未盈利企业股东减持问题，是市场各方面都必须正视的一个问题。显而易见的是，未盈利企业的 股东减持并不能照搬照抄现有的上市公司股东减持制度，而是要考虑到未盈利企业自身的发展现状，制 定出符合未盈利企业发展特点的股东减持制度。这就意味着未盈利企业股东持股的锁定期需要进一步延 长，更重要的是要将股东减持与企业的盈利紧密结合起来。 此外，吴清还在提到创业板改革话题时表示，创业板正式启用第三套标准，支持优质未盈利创新企业上 市。这就意味着科创板与创业板将同时开门迎来未盈利企业的上市。加上北交所也在悄无声息地安排未 盈利企业上市。如此一来，将会有更多的未盈利企业从科创板、创业板、北交所三个方向向投资者迎 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：300689 证券简称：澄天伟业 公告编号：2025-020 深圳市澄天伟业科技股份有限公司关于股东减持股份的预披露公告 股东徐士强先生、冯澄天女士保证向本公司提供的信息内容真实、准确、完整、没有虚假记载、误导性 陈述或重大遗漏。 公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 深圳市澄天伟业科技股份有限公司（以下简称"公司"）股东徐士强先生、股东冯澄天女士计划自本公告 披露之日起十五个交易日后的三个月内（2025年7月18日至2025年10月17日，根据中国证监会及深圳证 券交易所相关规定禁止减持的期间除外）以集中竞价或大宗交易方式减持公司股份不超过3,418,600股 （占公司总股本比例2.98%，相关计算已剔除公司回购的股份数量，下同）。 2、减持方式：通过集中竞价或大宗交易方式（在连续90个自然日内通过证券交易所集中竞价交易减持 股份的总数，不得超过公司股份总数的百分之一；在连续90个自然日内通过证券交易所大宗交易减持股 份的总数，不得超过公司股份总数的百分之二）； 3、减持期间：自公告披露之日起15个交易日后的 ...

荷兰合作银行26日发布的一份研究报告显示，过去6个月，超过四分之一荷兰投资者减少对美国股票的 持仓，原因是他们担忧美国政府政策"不可预测""不可靠"。这份报告说，约26%的投资者减少了美股投 资。同时，近六成受访者表示，他们不愿将新增资金投入美国股市。 ...

博俊科技（300926）公告，公司控股股东的一致行动人嘉恒投资已完成减持计划。嘉恒投资于2025年6 月11日至2025年6月25日通过集中竞价交易方式减持166.38万股，减持均价为25.51元/股，减持比例为 0.3831%。减持后，嘉恒投资持有公司股份3252.71万股，占公司总股本的7.49%。此次减持符合相关法 律法规，不会导致公司控制权变更。 ...

Summary of Key Points Core Viewpoint - Suzhou Hengmingda Electronics Technology Co., Ltd. announced a share reduction plan involving major shareholders, including the controlling shareholder and senior management, indicating a potential shift in ownership dynamics and liquidity in the market [1][5]. Group 1: Share Reduction Plans - The controlling shareholder and actual controllers, including Mr. Jing Shiping and others, plan to reduce their holdings by up to 7,484,677 shares, representing 3% of the total share capital excluding repurchased shares, within three months starting from July 18, 2025 [2]. - Specific reduction details include Mr. Jing Shiping reducing 2,318,514 shares (0.9293%), Ms. Xia Chen reducing 2,631,688 shares (1.0548%), Ms. Jing Jingping reducing 1,926,061 shares (0.7720%), and Mr. Jing Jiang reducing 608,414 shares (0.2439%) [2]. Group 2: Additional Management Reductions - The financial director, Mr. Wu Zhixing, plans to reduce his holdings by up to 127,113 shares, which is 0.0509% of the total share capital excluding repurchased shares, within the same three-month period [3]. - Employees holding shares through management platforms, including Shanghai Weicheng and Tongling Hengshifeng, also plan to reduce their holdings by a total of 241,863 shares (0.0969%) and 12,675 shares (0.0051%) respectively [4]. Group 3: Reasons and Conditions for Reduction - The shareholders cited personal financial needs as the reason for the share reduction, with the selling price to be determined based on market conditions at the time of sale [5]. - The reduction plans are consistent with previous commitments regarding shareholding intentions and do not violate any existing agreements, ensuring that control of the company remains unchanged [5].

Core Viewpoint - The controlling shareholder of Youyou Food announced a plan to reduce their stake by up to 3%, despite the company's optimistic performance outlook and high dividend payouts, raising concerns about the financial health behind the growth [1][2][4]. Financial Performance - Youyou Food's net profit declined for three consecutive years until 2023, but showed signs of recovery in 2024 with a revenue of 1.182 billion yuan, a year-on-year increase of 22.37%, and a net profit of 157 million yuan, up 35.44% [3][4]. - In Q1 2025, the company continued to grow, achieving a revenue of 383 million yuan, a 39.23% increase year-on-year, and a net profit of 50.32 million yuan, up 16.25% [3]. Shareholder Actions - The controlling shareholder, Zhao Ying, plans to sell up to 12.83 million shares (3% of total shares) between July 15 and October 12, 2025, potentially raising around 163 million yuan based on the June 23 closing price [2][3]. - Following the announcement of the share reduction plan, Youyou Food's stock price fell by 7.65% on June 23, while the Shanghai Composite Index rose by 0.65% [2]. Dividend Policy - Youyou Food has distributed a total of 827 million yuan in cash dividends since its IPO in 2019, with a cash dividend of 448 million yuan over the past three years, exceeding its net profit of 427 million yuan during the same period [2][3]. Financial Concerns - The company has seen a significant increase in accounts receivable, which rose from 3.79 million yuan at the end of 2023 to 128.03 million yuan by Q1 2025, a year-on-year increase of 71.58% [6]. - Accounts payable also surged, reaching 228 million yuan in Q1 2025, a 1053.02% increase year-on-year [6]. - The rapid growth of accounts receivable compared to revenue growth raises concerns about cash flow and collection efficiency [6][7]. Profitability Issues - Despite revenue growth, Youyou Food's gross margin has declined, with the gross margin for new products significantly lower than traditional products, impacting overall profitability [7][8]. - The comprehensive gross margin for 2024 was 28.97%, a slight decrease from the previous year, and further declined to 27.08% in Q1 2025 [7]. Management Stability - Youyou Food has experienced frequent changes in its board secretary, with four different individuals since its listing in 2019, which is unusual in the A-share market [8].

中国经济网北京6月26日讯 申菱环境（301018.SZ）昨日晚间披露《关于持股5%以上股东股份减持计划 的预披露公告》。 根据公告，股东陵水新众承创业投资合伙企业（有限合伙）（以下简称"众承投资"）计划在减持计划公 告之日起十五个交易日后的三个月内（即2025年7月17日至2025年10月16日）以集中竞价、大宗交易的 方式减持公司股份不超过6,966,000股（不超过公司总股本比例的2.62%）。股东广东申菱投资有限公司 （以下简称"申菱投资"）计划在减持计划公告之日起十五个交易日后的三个月内（即2025年7月17日至 2025年10月16日）以大宗交易的方式减持公司股份不超过1,015,500股（不超过公司总股本比例的 0.38%）。两名股东合计减持不超过7,981,500股，占公司总股本比例的3%。 其中，通过证券交易所集中竞价交易方式进行减持的，在任意连续90日内，减持股份的总数不超过公司 股份总数的1%；通过大宗交易方式进行减持的，在任意连续90日内，减持股份的总数不超过公司股份 总数的2%。减持价格不低于首次公开发行股票的发行价格，具体减持价格按照市场价格决定。 截至公告披露日，众承投资持有申菱 ...

Core Viewpoint - The company Guokai Co., Ltd. (688103.SH) announced a share reduction plan by its shareholder Zhang Yuekang, who intends to sell up to 165,300 shares, representing no more than 0.17% of the total share capital, due to personal financial needs [1][2]. Group 1: Share Reduction Plan - Shareholder Zhang Yuekang plans to reduce his holdings by a maximum of 165,300 shares, which is up to 0.17% of the company's total share capital [1][2]. - The reduction will be executed through centralized bidding within three months after the announcement, starting from 15 trading days post-announcement [1][2]. - Zhang Yuekang holds a total of 165,300 shares, all acquired before the IPO, which became tradable on September 10, 2024 [2]. Group 2: Company Governance and Control - The actual controller of the company, Yin Jianping, and Kunshan Guoyi Investment Management Center (Limited Partnership) will not reduce their holdings during this share reduction period [2]. - Zhang Yuekang is identified as a concerted actor with the actual controller Yin Jianping, being the brother-in-law of Yin's spouse [2]. Group 3: Financial Performance and Fundraising - Guokai Co., Ltd. raised a total of 288 million yuan from its IPO, with a net amount of 236 million yuan after deducting issuance costs, which was 243 million yuan less than the planned amount of 479 million yuan [3]. - The company has issued convertible bonds totaling 480 million yuan in 2023, with a net amount of approximately 467 million yuan after fees [4]. - The company's net profit for 2023 was 64.19 million yuan, a decrease of 24.85% year-on-year, and for 2024, it further declined to 30.24 million yuan, down 52.89% [4][6].