投资快报记者 余以墨 广州报道 累计占用总额高达8.84亿元 据公开信息，海德股份资金占用发生的时间可追溯到2021年4月21日。 公开资料显示，海德股份于2021年3月开展不良资产收购重组业务，并陆续向债权交易方支付了债权收 购价款。 海德股份（000567）在2025年11月28日公告称收到证监会下发的《立案通知书》。上海沪紫律师事务所 刘鹏律师表示，受损投资者可以发送联系方式至suopeibao@126.com报名参加索赔预登记。 涉资金占用事项被立案 海德股份在2025年11月28日发布公告称，公司收到中国证监会下发的《立案告知书》。因涉嫌信息披露 违法违规，依据相关法律法规被证监会立案调查。其中提到，因公司及其实控人涉嫌信息披露违法违 规，根据相关法律法规证监会决定对公司及实控人立案。 值得注意的是，海德股份直接在立案公告中坦言存在资金占用问题，公司称这一问题早已存在，已于 2025年4月24日全部归还占用资金，整改完成。 海德股份此次被调查，其实控人同步被立案。与此同时，与海德股份实控人相关的两家上市公司永泰能 源和海伦哲也分别发布公告，强调证监会立案主体是海德股份与其实控人，涉及事项与自身无关。 ...

Group 1 - Tianfeng Securities opened nearly 9% lower on December 1, with a decline of nearly 7% by the time of reporting, following the announcement of a formal investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure and illegal financing [1][4] - The investigation is linked to the 2022 annual report, which disclosed that the former major shareholder, Wuhan Dongdai Technology Industry Group Co., Ltd., had occupied company funds through third parties, with all funds and interest returned by the end of 2022 [4] - The investigation marks a complete severance of historical issues between Tianfeng Securities and the former major shareholder, as Hubei Guozhi Hongtai Group officially took control of Tianfeng Securities in 2023, holding 28.33% of the shares [4] Group 2 - Tianfeng Securities, established in 2000 and headquartered in Wuhan, is the only provincial-level securities company in Hubei, with a registered capital of 10.074 billion yuan [4] - For the first three quarters of 2023, Tianfeng Securities reported an operating income of 2.112 billion yuan, a year-on-year increase of 57.53%, and a net profit attributable to shareholders of 153 million yuan [4] - Former chairman Yu Lei is under investigation for allegedly transferring significant benefits to the former Secretary of the Hubei Provincial Committee, Jiang Chaoliang, during the company's listing period [5]

Core Viewpoint - Tianfeng Securities' stock price dropped nearly 9% following the announcement of an investigation by the China Securities Regulatory Commission (CSRC) for alleged information disclosure violations and illegal financing [2] Group 1: Investigation and Impact - The CSRC issued a notice on November 28, indicating that Tianfeng Securities is under investigation for suspected violations related to information disclosure and financing [2] - As of September 2025, Tianfeng Securities had 513,600 shareholders, with an average holding amount of 89,600 yuan, indicating that the stock price decline directly affects over 500,000 investors [2] - The investigation is believed to be linked to issues regarding the former major shareholder, Wuhan Dandai Technology Industry Group Co., Ltd., and its related parties, who allegedly occupied company funds from 2020 to 2022 [2][3] Group 2: Shareholder Structure and Historical Context - Following the entry of Hubei Guozi Hongtai Group in 2023, Dandai Group exited the shareholder list due to a debt crisis, but historical risks remain unresolved [3] - Tianfeng Securities has established a state-owned capital-led shareholding structure, with Hubei Hongtai Group and Wuhan State-owned Capital Investment Operation Group holding 28.14% and 7.50% respectively, forming a concerted action relationship [3] Group 3: Financial Performance - For the first three quarters of 2025, Tianfeng Securities reported operating income of 2.112 billion yuan, a year-on-year increase of 57.53%, and a net profit attributable to shareholders of 153 million yuan, marking a return to profitability [3] - The improvement in performance is attributed to increased net income from fees and commissions, as well as investment income [3] Group 4: Financing Activities - In June, Tianfeng Securities received approval from the CSRC for a private placement, becoming the first brokerage to complete a refinancing matter in the year, with a total fundraising amount not exceeding 4 billion yuan [3] - The funds raised are intended for debt repayment and working capital, with Hongtai Group fully subscribing to the new shares, increasing its stake to 28.14% [3] Group 5: Asset Overview - As of December 31, 2024, Tianfeng Securities had total assets nearing 100 billion yuan, with 29 subsidiaries, 77 business outlets, and over 3,000 employees [4]

Core Viewpoint - Yongtai Energy's actual controller is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure related to Haide Co., which has already rectified historical non-operating fund occupation issues in the first half of the year [1] Group 1 - Yongtai Energy disclosed on November 28 that the CSRC decided to initiate an investigation due to suspected violations by Haide Co. and its actual controller [1] - The investigation is linked to historical non-operating fund occupation issues disclosed in Haide Co.'s annual report, which were reportedly rectified by April 24, 2025, with all occupied funds and interest returned [1] - The annual audit accountant has issued a special report confirming the repayment of the occupied funds, and Haide Co. has implemented corrective measures, including improving internal control systems and enhancing internal audit efforts [1] Group 2 - The initiation of the investigation is seen as a procedural action, indicating that the fund occupation issue for Haide Co. is nearing resolution [1] - Analysts believe that the announcement by Yongtai Energy is a routine disclosure required by the listing company and is unrelated to the company's operational performance [1]

Core Viewpoint - Yongtai Energy (600157) disclosed on November 28 that the China Securities Regulatory Commission (CSRC) decided to initiate an investigation against Haide Co., Ltd. (000567) and its actual controller for suspected violations of information disclosure regulations [1] Group 1: Investigation Details - The investigation is related to Haide Co., Ltd.'s previous disclosure in its annual report regarding the rectification of historical non-operating fund occupation issues, which was claimed to be completed in the first half of this year [1] - On April 28, 2025, Haide Co., Ltd. disclosed that it received a warning letter from the CSRC's Hainan Regulatory Bureau regarding this matter, and all occupied funds and interest were fully returned by April 24, 2025 [1] - The initiation of the investigation marks a conclusion to the fund occupation issue for Haide Co., Ltd., and it is considered a procedural action [1] Group 2: Impact on Yongtai Energy - Analysts believe that Yongtai Energy's announcement is a routine disclosure in accordance with the information disclosure requirements for listed companies and is unrelated to the company's operations [1] - The investigation is not expected to have any impact on Yongtai Energy's production and operations [1]

Core Viewpoint - Tianfeng Securities is under investigation by the China Securities Regulatory Commission (CSRC) for alleged violations related to information disclosure and financing, primarily linked to historical issues with its former major shareholder, the Contemporary Group [2][3][4]. Group 1: Investigation and Historical Issues - The CSRC issued a notice on November 28, 2025, indicating that Tianfeng Securities is being investigated for suspected violations of information disclosure and financing laws [2]. - The investigation is believed to be related to historical issues from before 2023, particularly concerning the financial dealings with the former major shareholder, Contemporary Group [2][4]. - Despite the investigation, Tianfeng Securities claims that its current operations are normal and that it will cooperate fully with the CSRC [2]. Group 2: Financial Transactions and Shareholder Changes - The investigation may be associated with the financial transactions disclosed in Tianfeng Securities' 2022 annual report, where it was revealed that the former major shareholder, Wuhan Contemporary Technology Industry Group, had occupied company funds through third parties [3][4]. - From 2020 to 2022, the total payments made by the former major shareholder amounted to 14.75 billion yuan, with a total repayment of 19.03 billion yuan in 2022 alone [4]. - Following the debt crisis of Contemporary Group in 2022, Tianfeng Securities underwent a change in major shareholders, with Hongtai Group becoming the controlling shareholder [7]. Group 3: Financial Performance - After the transition to Hongtai Group's control, Tianfeng Securities experienced significant fluctuations in its financial performance, with a notable recovery in 2025 [9]. - In 2023, the company reported a revenue increase of over 90% to 3.427 billion yuan, and a net profit of 307 million yuan, a substantial improvement from the previous year's loss of over 1.5 billion yuan [9]. - However, in 2024, the company faced a revenue decline of over 20% and a net profit drop of 109.67%, indicating ongoing volatility [9]. Group 4: Capital Increase and Future Outlook - In June 2025, Tianfeng Securities completed a private placement of 1.476 billion shares to Hongtai Group, raising 4 billion yuan for capital enhancement and debt repayment [10]. - The company aims to utilize the raised funds to improve its capital structure and operational liquidity, which is expected to enhance its asset quality [10]. - As of the first three quarters of 2025, Tianfeng Securities ranked 37th in terms of revenue among listed brokerages, although its net profit ranking remains relatively low [10].

11月28日晚间，永泰能源、海伦哲、海德股份均发布公告称，由于海德股份、王广西涉嫌信息披露违法违规，中 国证监会决定分别对其立案。 【导读】三家A股公司一同公告，中国证监会对海德股份、王广西立案 天眼查显示，王广西是永泰能源、海德股份的实际控制人，并且是海伦哲第一大股东海德资产管理有限公司的实 际控制人。 来源：天眼查 同时，王广西在永泰能源担任法人代表、董事长等职务，在海德股份担任法人代表、董事长等职务。 永泰能源、海伦哲均在公告中提到，此次中国证监会的立案主体是海德股份、王广西，涉及事项与永泰能源、海 伦哲无关。 海德股份公告称，经自查，公司存在历史非经营性资金占用问题。 2025年4月28日，海德股份收到海南证监局出具的《关于对海南海德资本管理股份有限公司、王广西采取出具警 示函措施的决定》。 海南证监局称，海德股份在债权投资及困境资产收购业务中，存在被控股股东或其关联方占用资金的情况，并且 未按规定予以披露。 根据海南证监局要求，海德股份进行自查发现，截至2024年12月31日被控股股东或其关联方占用的资金余额为 8.84亿元，2025年4月24日已经收回前述占款。 根据《上市公司信息披露管理办法》（ ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has initiated investigations against Haide Co., Ltd. and Wang Guangxi for suspected violations of information disclosure regulations, as announced by three A-share companies: Yongtai Energy, Hailun Zhe, and Haide Co. [2] Group 1: Company Announcements - Yongtai Energy, Hailun Zhe, and Haide Co. have all released announcements regarding the CSRC's investigation, clarifying that the investigation pertains specifically to Haide Co. and Wang Guangxi, and does not involve Yongtai Energy or Hailun Zhe [7]. - Haide Co. has acknowledged historical issues related to non-operating fund occupation, which were identified during a self-examination [9]. Group 2: Regulatory Actions - The Hainan Securities Regulatory Bureau issued a warning letter to Haide Co. and Wang Guangxi, citing the occupation of funds by the controlling shareholder or its affiliates without proper disclosure [11]. - As of December 31, 2024, the balance of funds occupied by the controlling shareholder or its affiliates was reported to be 884 million yuan, which was recovered by April 24, 2025 [11]. Group 3: Compliance and Future Actions - Haide Co. has emphasized its commitment to addressing the fund occupation issues by organizing training for its management and key personnel on relevant regulations and compliance practices [12]. - The company plans to cooperate fully with the CSRC and adhere to legal and regulatory requirements for timely information disclosure [12]. Group 4: Market Reaction - As of November 28, the stock price of Haide Co. was reported at 7.72 yuan per share, reflecting a 3.07% increase, with a total market capitalization of 15.09 billion yuan [12].

Core Points - Multiple listed companies received regulatory notices regarding suspected violations of information disclosure laws and regulations on November 28 [1][4][8][11][17] Group 1: Haide Co., Ltd. - Haide Co., Ltd. received a notice from the CSRC for suspected information disclosure violations, leading to an investigation of the company and its actual controller Wang Guangxi [1] - The company acknowledged historical non-operating fund occupation, which was fully returned by April 24, and has since implemented training and corrective measures to improve compliance and disclosure quality [1] Group 2: Tianfeng Securities - Tianfeng Securities also received a notice from the CSRC for suspected information disclosure violations and illegal financing [4] - The company stated that its operations are normal and it will cooperate with the investigation while adhering to disclosure obligations [4] Group 3: Yuanda Intelligent - Yuanda Intelligent received a preliminary penalty notice from the Liaoning Securities Regulatory Bureau for falsely recognizing elevator sales revenue using forged acceptance certificates, affecting multiple annual reports [8] - The bureau plans to issue a warning and impose a fine of 6 million yuan on the company [8] Group 4: Puli Pharmaceutical - Puli Pharmaceutical, which has been delisted, received a preliminary penalty notice for failing to disclose its 2024 annual report on time [11] - The company is facing a warning and a fine of 500,000 yuan from the Hainan Securities Regulatory Bureau [11] Group 5: ST Shenhua - ST Shenhua received an administrative penalty decision from the Liaoning Securities Regulatory Bureau for manipulating financial data from 2018 to 2021, resulting in false records in annual reports [17][18] - The company was fined 7 million yuan and received a warning, with penalties also proposed for other involved parties [17][18]

Group 1 - Multiple listed companies received notices from regulatory authorities regarding suspected violations of information disclosure laws [1][4][7] - Haide Co. is under investigation by the CSRC for suspected information disclosure violations, with its actual controller Wang Guangxi being investigated [1] - Tianfeng Securities also received a notice from the CSRC for suspected information disclosure violations and illegal financing [4] Group 2 - Yuanda Intelligent received a pre-penalty notice from the Liaoning Securities Regulatory Bureau for falsely reporting sales revenue in multiple annual reports [7] - Puli Pharmaceutical, which has been delisted, received a pre-penalty notice for failing to disclose its 2024 annual report on time [10] - ST Shenhua was fined 7 million yuan for false records in its annual reports from 2018 to 2021, with the company correcting its financial data [13][14]