江苏精研科技股份有限公司（以下简称"公司"、 月 13 日收到中证中小投资者服务中心（以下简称"投服中心"）《股东质询函》 （投服中心行权函【2025】15 号），因公司尚存在业绩承诺未履行事项，投服中 心依法行使股东质询权。公司高度重视，经认真分析，现就函件提出问题回复并 公告如下： 证券代码：300709 证券简称：精研科技 公告编号：2025-028 江苏精研科技股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 "精研科技"）于 2025 年 6 【问题】 司 60%股权，由于未达成约定的业绩指标，补偿义务人许明强、陈明芳、严伟军、 何浪应向你公司支付业绩补偿款 4.61 亿元，截至 2023 年年报，尚余 3.6 亿元补 偿款未支付。2024 年 4 月，公司披露二审终审判决陈明芳应支付业绩补偿款及 相关诉讼费用 9,000 余万元。但是，根据业绩补偿条款，许明强、严伟军、何浪 尚欠你公司 2.7 亿元业绩补偿款，公司始终未对三人提起诉讼，仅在 2024 年年 报中表示持续与许明强、严伟军、何浪保持沟通、协商，寻找各种可能的股东利 益最大化 ...

Group 1 - The Guangxi Securities Regulatory Bureau announced corrective measures against Kexiang High-tech Development Co., Ltd. for failing to fulfill performance commitments related to the restructuring of Dongfang Zhizao [1][2] - Kexiang High-tech, as the restructuring investor for Dongfang Zhizao, committed to a net profit of no less than 250 million yuan over three fiscal years post-restructuring, but only achieved a total of 38.85 million yuan, falling short by 211 million yuan [2][3] - As of the announcement date, Kexiang High-tech had paid 40 million yuan towards the performance compensation but failed to pay the full amount by the deadline of May 28, 2025, constituting a violation of regulatory commitments [2][3] Group 2 - The performance compensation issue dates back to the restructuring plan announced by Dongfang Zhizao in 2021, which identified Kexiang High-tech as the controlling shareholder [3] - Dongfang Zhizao had previously communicated with Kexiang High-tech multiple times to urge compliance with performance commitments and to clarify asset status [3] - Kexiang High-tech indicated intentions to fulfill its obligations, including potential asset disposals to cover the performance shortfall, but discussions with relevant parties are still ongoing [3]

Core Viewpoint - The announcement details the administrative regulatory measures taken by the Guangxi Securities Regulatory Bureau against the controlling shareholder of Guangxi Dongfang Zhizao Technology Co., Ltd., due to failure to meet performance commitments related to a restructuring plan [1][2]. Group 1: Administrative Measures - The controlling shareholder, Kexiang High-tech Development Co., Ltd., received an administrative regulatory decision for failing to fulfill a commitment to achieve a net profit of at least 250 million yuan over three fiscal years [1]. - The actual net profit reported for the years 2022 to 2024 was 38,850,074.57 yuan, resulting in an unmet performance commitment of 211,149,925.43 yuan [1][2]. - Kexiang High-tech has paid 40 million yuan in performance compensation but has not fully paid the required amount by the deadline of May 28, 2025 [2]. Group 2: Company Response and Impact - The company stated that the regulatory measures will not affect its normal production and operational activities [2]. - The board of directors will ensure compliance with regulations and maintain communication with the controlling shareholder to urge the fulfillment of performance compensation obligations [2]. - The company will take further actions based on the progress of the performance compensation and will fulfill its information disclosure obligations as required by law [2].

Acquisition Overview - The acquisition of Tian Di Xiang Yun by Kewha Data involved a two-step process, with the first step completed in November 2016 for 25% equity at a price of 90 million yuan [2][3] - The second step occurred in March 2017, acquiring 75% equity for a total price of 637.5 million yuan, with payments structured in three phases [3][4] Performance Guarantees and Compensation - The performance guarantees for the years 2017 to 2019 included net profit commitments of 50 million, 70 million, and 90 million yuan respectively, totaling 210 million yuan [5][6] - If the cumulative net profit fell below the promised total after three years, performance compensation would be required [7][8] - Compensation for underperformance would be calculated based on the acquisition price rather than profit shortfall [9] Control and Management - Post-acquisition, Kewha Data held 100% ownership of the target company, with the founding team transitioning to managerial roles [15][16] - The board consisted of three members, with Kewha Data appointing two and the founding team appointing one [17] Stock Unlocking Conditions - 70% of the acquisition payment was to be used for purchasing Kewha Data's stock, with unlocking conditions tied to performance metrics for each year [19][22] - The actual unlocking of stocks faced delays, leading to legal disputes [24][30] Legal Disputes and Outcomes - The founding team initiated multiple lawsuits against Kewha Data over stock unlocking issues, with the first lawsuit filed in July 2019 [37][38] - The courts ruled that Kewha Data was not obligated to unlock stocks unless requested by the management team [44][45] - The founding team faced significant legal costs, with outcomes often unfavorable, leading to financial losses [52][70] Performance Compensation Issues - Kewha Data claimed that the target company’s cumulative net profit was 190 million yuan, falling short of the promised 210 million yuan, resulting in a demand for compensation of 53.8 million yuan [53][54] - The founding team argued that management fees and stock incentive costs should not be included in the profit calculations, but the court upheld Kewha Data's position [59][62] Competition and Legal Restrictions - The agreement included non-compete clauses for the core team, but disputes over stock unlocking led to early departures and subsequent legal actions [71] - The court ruled that only one individual violated the non-compete agreement, resulting in minimal compensation awarded to Kewha Data [72] Stock Freezing and Compensation Claims - Kewha Data sought compensation for stock freezing, which was ultimately ruled against by the court, citing that stock price fluctuations are speculative [75] - The founding team later pursued compensation for losses incurred due to the freezing of stocks, but the court dismissed the claims [76] Key Takeaways for Founders - Founders should be cautious about performance guarantees and ensure clarity in contracts regarding stock unlocking and compensation mechanisms [79][84] - Legal disputes can lead to significant financial burdens, emphasizing the importance of professional legal and financial advice during acquisitions [88][90]

创新新材料科技股份有限公司 证券代码：600361 证券简称：创新新材 公告编号：2025-043 创新新材料科技股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 本次利润分配方案经公司2025 年 5 月 15 日的2024年年度股东大会审议通过。 二、 分配方案 ? 每股分配比例 A 股每股现金红利0.0808元 ? 相关日期 | 股份类别 | 股权登记日 | | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/12 | － | 2025/6/13 | 2025/6/13 | | ? 差异化分红送转： 是 一、 通过分配方案的股东大会届次和日期 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 公司于 2025 年 4 月 23 日、2025 年 5 月 15 日召开第八届董事会第二十次会议、 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603388 证券简称：*ST元成（维权） 公告编号：2025-056 元成环境股份有限公司 关于转让控股子公司硅密电子股权及业绩补偿进展的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 元成环境股份有限公司（以下简称"公司"）前期收购硅密（常州）电子设备有限公司（以下简称"硅 密电子"或"交易标的"）51%股权，2024年因公司资金流动性面临重大挑战，未能按照约定及时支付股 权转让进度款，因此2025年1月 YOYODYNE,INC.提起诉讼并主张了损失赔偿，同时硅密电子存在2024 年度业绩承诺无法完成的情况。结合行业竞争、市场环境、经营管理等方面的不确定因素，公司决定向 YOYODYNE,INC.转让硅密电子51%股权，本次股权转让价格按评估价进行转让，硅密电子51%股权对 应评估价值为9,333.00万元。本次股权转让有利于公司及时止损，降低投资运营风险，集中优势资源， 聚焦主营业务加速发展；也为公司减轻了支付股权转让款的压力、降低了 ...

与此同时，市场对重整方的履约能力也存在担忧。值得关注的是，5月中旬，庞大集团前任实际控制人 黄继宏已回归深商控股，并出任董事长兼总裁。据庞大集团内部人士透露，黄继宏回归后暂未就业绩补 偿案与庞大进行协商及和解，且黄继宏主导下的深商控股正在筹划更换庞大现任董事会及管理层以达到 重新入主庞大集团的目的，再次控制庞大集团后深商控股大概率不会按照法院判决自动履行补偿义务。 在此背景下，市场对深商控股履约能力及其后续应对举措较为关注。 庞大集团方面表示，该业绩承诺是重整投资人取得控制权的核心对价之一，具有明确法律约束力。公司 将高度关注案件进展，穷尽法律手段追索补偿款，切实保障广大投资者特别是中小投资者的合法权益。 （燕云） （文章来源：证券时报网） 6月3日晚，庞大集团(400171)发布公告，披露其起诉深商控股集团及相关重整投资方履行重整计划中业 绩承诺补偿义务的诉讼取得一审判决，法院支持庞大集团的全部诉讼请求，责令三被告支付共计34.59 亿元的补偿款及相应利息。这标志着该案自2023年11月立案以来取得实质性进展。 公告披露，庞大集团最终并未达成上述业绩目标。依据重整计划相关条款，重整投资人应承担业绩补偿 责任 ...

证券代码：002602 证券简称：ST 华通 公告编号：2025-034 浙江世纪华通集团股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 浙江世纪华通集团股份有限公司（以下简称"公司"）于 2025 年 5 月 23 日通 过专人送达、电子邮件、电话等方式发出召开第六届董事会第九次会议的通知， 会议于 2025 年 5 月 30 日以现场结合通讯表决的方式召开。会议应出席董事 9 人，实际出席董事 9 人，非独立董事李纳川、何九如、赵骐及独立董事李臻、张 欣荣、姚承骧通过通讯表决方式与会。会议由公司董事长王佶先生主持。本次会 议的召开及表决程序符合有关法律法规和《公司章程》的规定。经与会董事认真 审议通过了以下议案： 二、董事会会议审议情况 偿股份的议案》 表决结果：同意 7 票；反对 0 票；弃权 0 票。 本议案内容涉及关联交易事项，关联董事王佶、赵骐回避表决。 本议案已经公司第六届独立董事专门会议 2025 年第二次会议全票审议通过， 具体内容详见公司刊登于指定信息披露媒体《证券时报》《证券日报》《中国证 券报》《上 ...

Core Viewpoint - Oriental Zhizao (SZ002175) is facing challenges in fulfilling performance commitments made by its controlling shareholder, Kexiang High-tech Development Co., Ltd, which has not provided the required compensation of 211 million yuan by the deadline [1][3]. Group 1: Company Performance and Financial Obligations - Oriental Zhizao's net profit from 2022 to 2024 totaled only 38.85 million yuan, significantly below the promised 250 million yuan, triggering a performance compensation obligation of 211 million yuan from Kexiang High-tech [1][3]. - The performance completion rate for Oriental Zhizao during the same period was only 15.54%, with an unfulfilled amount of 211 million yuan [3]. Group 2: Shareholder and Investment Information - Kexiang High-tech has invested in 24 companies, including Oriental Zhizao and several others in various financing stages [2][4]. - As of the first quarter of 2025, Kexiang High-tech held 245 million shares of Oriental Zhizao, representing a 19.21% stake, with approximately 78.3% of these shares pledged [4]. - Kexiang High-tech is controlled by Li Bin, who has extensive experience in investment and corporate management [5].

证券代码：603778 证券简称：国晟科技 公告编号：临2025-023 国晟世安科技股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、业绩承诺涉及交易的基本情况 （一）交易概述 司"）与国晟能源股份有限公司（以下简称"国晟能源"）签署《支付现金购买 资产协议》，公司以15,395.78万元现金向国晟能源购买其合计持有的江苏国晟世 安新能源有限公司51%股权、安徽国晟新能源科技有限公司51%股权、国晟高瓴 （江苏）电力有限公司51%股权、江苏国晟世安新能源销售有限公司51%股权、安 徽国晟世安新能源有限公司100%股权、安徽国晟晶硅新能源有限公司100%股权、 河北国晟新能源科技有限公司100%股权（以下统称"目标公司"）。 （以下简称"补充协议"），就目标公司业绩承诺、补偿事宜进行约定，并对 《支付现金购买资产协议》的相关条款进行调整。 （二）关于标的公司的业绩承诺情况 年度、2024年度、2025年度实现的扣除非经常性损益后的合计净利润分别不低 于人民币3,000万元、4,000万元和5,000万元，累计不 ...