溢多利公告称，2025年12月1日接到控股股东金大地投资通知，其于11月27日质押1250万股，占其所持 股份比例8.77%，占公司总股本比例2.55%，质押到期日为2027年11月26日，用途为偿还债务；11月28 日解除质押1250万股，占比情况与质押相同。截至公告披露日，金大地投资累计质押股份3750万股，占 其所持股份比例26.32%，占公司总股本比例7.64%，不存在平仓或被强制过户风险，不影响公司控制权 及生产经营。 ...

Core Viewpoint - The announcement from Yibai Pharmaceutical indicates that the controlling shareholder, Dou Qiling, has engaged in partial share pledges and releases, which are primarily aimed at debt repayment and do not pose a risk to the company's operations or control [1] Group 1: Share Pledge Details - Dou Qiling pledged 21 million shares to Guotai Junan Securities, representing 11.32% of her holdings and 2.65% of the total share capital, for debt repayment, starting from November 26, 2025, and maturing on November 26, 2026 [1] - On November 27, 2025, Dou Qiling will release 22.6683 million shares from pledge, which accounts for 12.22% of her holdings and 2.86% of the total share capital [1] - The total pledged shares by Dou Qiling and her concerted parties amount to 21 million shares, representing 11.31% of their combined holdings and 2.65% of the total share capital [1] Group 2: Risk Assessment - The company assesses that the risk associated with the pledged shares is manageable and will not affect its operations or control [1]

Core Viewpoint - Lianmei Quantum's controlling shareholder, Lianzhong New Energy, pledged 129,680,000 shares on November 25, 2025, for debt repayment and unpledged 162,680,000 shares on November 26, 2025, both through Huatai Securities [1] Summary by Relevant Sections - **Share Pledge Details** - Lianzhong New Energy has cumulatively pledged 466,780,000 shares, accounting for 38.94% of its holdings [1] - The total shares pledged by Lianzhong New Energy and its concerted party, Lianmei Group, amount to 617,980,000 shares, representing 27.31% of the total share capital and 38.90% of their combined holdings [1] - **Creditworthiness and Risk Management** - Lianzhong New Energy is noted to have good creditworthiness, indicating that the pledge risk is controllable [1]

Core Insights - Liu Yiqian and his family have recently pledged shares in Changjiang Securities and Hendi Pharmaceutical, totaling nearly 5 billion yuan, indicating a contraction in their business empire [1][3] - Liu Yiqian's wealth has accumulated to 39 billion yuan, ranking 675th on the Hurun Global Rich List, but his business empire is visibly shrinking due to significant losses in subsidiaries [3] Summary by Sections Changjiang Securities - Changjiang Securities announced that its major shareholder, New Liyi Group, will conduct a stock pledge repurchase transaction, involving 2.9 million shares from Minqiong Limited and 1.22 million shares from Zhuang Bin Limited, totaling 7.44% of the company's equity [1] - The pledged shares are valued at approximately 3.746 billion yuan based on the closing price of 9.1 yuan per share on November 10 [1] Hendi Pharmaceutical - Liu Yiqian's family members pledged a total of 72.5 million shares in Hendi Pharmaceutical, representing 17.36% of the company's total equity, for "investment cooperation" purposes [2] - The pledged shares are valued at around 1.151 billion yuan based on the closing price of 15.88 yuan per share [2] Liu Yiqian's Background - Liu Yiqian, known as the "King of Corporate Shares," began his career as a taxi driver in the mid-1980s and became a prominent figure in the financial market in the 1990s [2] - He founded New Liyi Group in 2000 and has been involved in numerous financing projects, earning the nickname "Magic Master of Financing" [2] Financial Performance and Challenges - Liu Yiqian's core platform, Tianmao Group, faced delisting risks and was eventually delisted, leading to a personal wealth decline of over 10 billion yuan [3] - Changjiang Securities reported its highest revenue and net profit since its listing, but New Liyi Group's influence has diminished as it has become the second-largest shareholder [3] - Liu Yiqian's stake in Yuncong Technology has been reduced to 1.58%, and he has exited the top ten shareholders of several companies [3]

Group 1 - Xiangcai Co., Ltd. announced that its controlling shareholder's action partner, Chuzhou Xin'an Development Co., Ltd., holds approximately 464 million shares, accounting for 16.24% of the total share capital [1] - After the release and pledge, Chuzhou Development has a cumulative pledged share quantity of approximately 382 million shares, which is 82.28% of its holdings and 13.37% of the total share capital [1] - Chuzhou Development and its action partners collectively hold about 1.154 billion shares, representing 40.37% of the total share capital, with a cumulative pledged share quantity of approximately 1.072 billion shares, which is 92.87% of their holdings and 37.49% of the total share capital [1] Group 2 - For the fiscal year 2024, the revenue composition of Xiangcai Co., Ltd. is as follows: Other securities industry accounts for 75.27%, trade accounts for 18.68%, other businesses account for 4.85%, soybean deep processing accounts for 0.39%, and waterproof membrane accounts for 0.36% [1] - As of the latest report, the market capitalization of Xiangcai Co., Ltd. is 32.1 billion yuan [2]

每经头条（nbdtoutiao）——展望"十五五" | 专访黄群慧：既要重视AI赋能千行百业，也要考量其对就业 的替代效应和带来的收入极化 2025年1至6月份，新金路的营业收入构成为：化工占比99.64%，物流占比0.36%。 截至发稿，新金路市值为46亿元。 每经AI快讯，新金路（SZ 000510，收盘价：7.07元）11月20日晚间发布公告称，截至本公告披露日， 四川新金路集团股份有限公司第一大股东、实际控制人、董事长刘江东先生直接持有公司股份约5375万 股，占公司总股本的8.29%，其中质押约4234万股，占其所持公司股份的78.77%，占公司总股本的 6.53%。截至本公告披露日，刘江东先生的一致行动人四川金海马实业有限公司直接持有公司股份约 4908万股，占公司总股本的7.57%，其中质押约3090万股，占其所持公司股份的62.96%，占公司总股本 的4.76%。截至本公告披露日，刘江东先生及其一致行动人金海马公司合计持有公司股份约1.03亿股， 占公司总股本的15.86%，合计质押约7324万股，占合计所持公司股份的71.23%，占公司总股本的 11.29%。 （记者 曾健辉） ...

天壕能源公告，控股股东天壕投资集团将其持有的1567万股解除质押，占其所持股份比例11.97%，占 公司总股本比例1.81%。同时，天壕投资集团将其持有的1660万股再质押，占其所持股份比例12.68%， 占公司总股本比例1.92%。 ...

Core Viewpoint - Aokang International (SH 603001) announced the release of share pledges by its controlling shareholder, Aokang Investment Holding Co., Ltd, which holds approximately 111 million shares, accounting for 27.73% of the total share capital [1] Group 1: Shareholding and Pledge Information - Aokang Investment has a total pledged share quantity of about 77.11 million shares, representing 69.36% of its holdings [1] - Aokang Investment and its concerted actor, Mr. Wang Zhentao, collectively hold around 172 million shares, which is 42.83% of the total share capital [1] - The cumulative pledged shares by Aokang Investment and Mr. Wang amount to approximately 137 million shares, making up 79.84% of their total holdings [1] Group 2: Financial Performance - For the fiscal year 2024, Aokang International's revenue composition is projected to be 98.25% from the footwear industry and 1.75% from other businesses [1] - As of the report date, Aokang International's market capitalization stands at 3.6 billion yuan [1]

Group 1 - The core point of the article is that China Jushi (SH 600176) announced that Zhenshi Holding Group holds approximately 676 million shares, accounting for 16.88% of the total share capital of the company [1] - As of the announcement date, Zhenshi Group has pledged about 445 million shares, which represents 11.11% of the total share capital and 65.81% of its total holdings in the company [1] - For the first half of 2025, the revenue composition of China Jushi is as follows: fiberglass yarn and products account for 97.41%, other businesses account for 1.63%, and wind power accounts for 0.96% [1] Group 2 - As of the report, the market capitalization of China Jushi is 62 billion yuan [1]

Core Points - The announcement from Sanfangxiang indicates that its controlling shareholder, Sanfangxiang Group, has partially released and re-pledged shares recently [1] - On November 19, 2025, Sanfangxiang Group released the pledge of 55 million shares to China Merchants Bank Wuxi Branch, which accounts for 1.85% of its holdings and 1.41% of the total share capital [1] - On the same day, the group pledged an additional 13 million unrestricted circulating shares to the same bank, representing 0.44% of its holdings and 0.33% of the total share capital [1] - After these changes, Sanfangxiang Group has a total of 1.807 billion pledged shares, which is 60.90% of its holdings and 46.37% of the total share capital [1] - The financing balances corresponding to the pledged shares due in the next six months and one year are 100 million yuan and 954 million yuan, respectively, indicating that the pledge risk is manageable [1]