近日，云中马披露定增预案，拟募资不超过6.4亿元，用于年产13.5万吨DTY丝及12万吨高性能革基布 坯布项目。 本次发行对象为不超过35名特定投资者，发行股数不超过4125.43万股，不超过本次发行前公司总股本 的30%。本次发行完成后，叶福忠及其一致行动人持有公司48.80%的股份，叶福忠持有公司34.78%的股 份，仍为公司实际控制人。本次定增不会导致公司控制权变化。 云中马年产13.5万吨DTY丝及12万吨高性能革基布坯布项目总投资额为10.47亿元，整体建设周期36个 月。项目于建设完成后，公司DTY丝年产能将新增13.5万吨，经编布革基布坯布年产能将新增10万吨， 纬编布革基布坯布年产能将新增2万吨。 值得关注的是，云中马定增背后，大股东频频巨额减持套现，多位自然人前十大股东加速离场。 云中马于2022年11月成功登陆上交所。其中，丽水云中马投资管理合伙企业（有限合伙）（以下简称 "丽水云中马合伙"）作为员工持股平台，持有 13.25% 的股份，是仅次于叶福忠家族的第二大股东。 丽水云中马合伙所持股票一解禁就减持，被市场广泛质疑其持股动机。 2024年12月18日，丽水云中马合伙将其所持有的公司 ...

Core Viewpoint - The termination of the share transfer agreement between Huineng Crystal and Zhongzheng Qianyuan Jin Youyuan No. 1 Private Securities Investment Fund highlights the ongoing financial struggles of Huineng Crystal and raises concerns about the future of its actual controller, Zhao Jiqing [2][3][8]. Group 1: Share Transfer Agreement - Huineng Crystal's controlling shareholder, Xinjiang Huineng, and actual controller Zhao Jiqing decided to terminate a previously signed share transfer agreement involving 14.04 million shares, accounting for 5% of the company's total share capital [2]. - The planned share transfer included 9.79 million shares from the controlling shareholder (3.49%), 3.67 million shares from the actual controller (1.31%), and 290,000 shares from the directors (0.10%) [2]. - The private fund had already paid a total of 118 million yuan for the shares, which must be refunded by May 15, 2025, with specific amounts designated for each shareholder [4]. Group 2: Financial Performance and Losses - Huineng Crystal has accumulated losses exceeding 450 million yuan since its listing, with a record loss of 202 million yuan reported in 2024 [2][9]. - The company's revenue has significantly declined from over 400 million yuan annually before its IPO to around 300 million yuan, with net profits turning into substantial losses [9]. - The losses are attributed to poor recovery in the consumer electronics sector, intense market competition, and continuous declines in product sales prices, alongside significant asset impairments [9]. Group 3: Regulatory Issues - The termination of the share transfer agreement coincided with the announcement of an investigation by the China Securities Regulatory Commission (CSRC) into Huineng Crystal and Zhao Jiqing for suspected violations of information disclosure regulations [2][7]. - Following the announcement of the investigation, Huineng Crystal's stock price plummeted, experiencing declines of 20% and 10.31% over two consecutive days [7].

长江商报消息 ●长江商报记者 沈右荣 承立新所持恒润股份（603985.SH）部分股份被司法拍卖，持股比再度下降。 4月16日晚，恒润股份披露，持股5%以上股东承立新所持公司2.90%的股权被司法拍卖，其持股比降至 14.10%。 承立新是恒润股份创始人，曾是公司实际控制人。2021年、2023年，其通过两次协议转让股权，套现约 9.52亿元。如果最终顺利交割完成，承立新将累计套现11.34亿元。 此前，承立新因为涉嫌内幕交易被警方拘留，今年初，因为合伙操纵恒润股份被罚款6156万元，并被处 以8年市场禁入。 2021年，济宁城投控股集团有限公司（简称"济宁城投"）通过受让股份及参与定增方式取得恒润股份控 制权。不过，恒润股份易主四年，基本面并未改变。根据年报，2021年至2024年，公司营收净利连续双 降，2023年陷入亏损，2024年再亏1.38亿元。 恒润股份的财务承压。截至2024年底，公司短期借款7.75亿元，是货币资金的2倍。 2025年，恒润股份能走出困境吗？ 2021年6月，承立新将所持恒润股份7%的股权协议转让给济宁城投，交易价格约为4.69亿元。 2023年7月，承立新又将所持公司5.66 ...