万达为缓解超69亿元被执行债务压力，12月2日赎回优质资产烟台芝罘万达广场，次日便转让给苏州联商玖号，此举被解读为融资安排，万达近年已多次出 售旗下资产。 12月2日，烟台芝罘万达广场有限公司（简称"烟台芝罘万达广场"）发生股权变更，万达正式重回该项目股东席位。变更记录显示，12月2日，该公司原股东 坤华（天津）股权投资合伙企业（有限合伙）、坤元辰兴（厦门）投资管理咨询有限公司退出，由上海万达锐驰企业管理有限公司全资持股。 天眼查工商信息显示，12月3日，烟台芝罘万达广场有限公司再次发生工商变更，上海万达锐驰企业管理有限公司退出股东行列，新增苏州联商玖号商业管 理有限公司全资持股，同时法定代表人、主要人员也发生变更。 苏州联商玖号商业管理有限公司成立于今年8月22日，法定代表人为牟舟，注册资本1000万元人民币，经营范围包括商业综合体管理服务、企业管理咨询、 经济贸易咨询等。 据《中国房地产报》报道，数据显示，烟台芝罘万达广场年租金约1.2亿元，净租金回报率6%以上，属于万达体系内较优质现金流资产；收回后，可立即用 于抵押融资或REITs扩募，提升资金使用效率。 从标的资产质量看，中指研究院企业研究总监刘水分 ...

以下文章来源于贝壳财经 ，作者贝壳财经 贝壳财经 . 观察财富，记录市场。 来源丨贝壳 财经 作者丨段文平 编辑丨杨娟娟 在累计出售超80座万达广场后，万达逆向"赎回"烟台芝罘万达广场的操作刚引发市场关注，便迎来 戏剧性反转。 12月2日，烟台芝罘万达广场有限公司（简称"烟台芝罘万达广场"）发生股权变更，万达正式重回该 项目股东席位。 不过，仅相隔一日，烟台芝罘万达广场股权再次发生变更。天眼查信息显示，12月4日，苏州联商玖 号商业管理有限公司成为其股东，控股比例100%。 先"赎"后"卖"，烟台芝罘万达广场股权变更背后发生了什么？ 回溯过往，受上市失利、对赌失败等多重因素叠加影响，万达陷入现金流危机，司法纠纷持续发 酵。仅以大连万达集团为例，天眼查显示，累计被执行次数达10次，被执行总金额高达52.6亿元， 其中今年以来的被执行次数就多达9次；同时还涉及50条"股权冻结"相关信息，今年新增18次。其关 联公司万达地产集团有限公司所面临的司法压力更为严峻，被执行人信息累计达408条，限制消费令 多达92个。 众所周知，过去两年来，"卖卖卖"一直是万达对外的核心关键词，未承想年底竟出现"买"的逆向操 作。 据天 ...

Core Viewpoint - The company, Xingrong Environment, maintains an AAA credit rating, which provides it with a low-cost financing advantage [2] Financing Strategy - The company continuously optimizes its financing arrangements by considering operational funding needs and market conditions to select appropriate financing tools [2] - It aims to reasonably control financing costs and the debt-to-asset ratio to maintain a stable financial structure [2] - Currently, the company has not engaged in any convertible bond financing activities [2]

Core Viewpoint - The company holds an AAA credit rating, providing it with a low-cost financing advantage [1] Financing Strategy - The company continuously optimizes its financing arrangements by considering operational funding needs and market conditions [1] - It employs suitable financing tools to reasonably control financing costs and maintain a stable financial structure [1] - The company has not engaged in convertible bond financing activities to date [1]

Core Viewpoint - Vast Resources plc has successfully raised £2,000,000 through a placing of new ordinary shares, which will be utilized for debt repayment, operational due diligence, and enhancing cash position prior to annual accounts finalization [2][7]. Fundraising Details - The company raised gross proceeds of £2,000,000 by placing 1,111,111,111 new ordinary shares at a price of 0.18p per share [2]. - The placing will occur in two tranches, with the first admission expected around 29 October 2025 and the second around 6 November 2025 [3]. Share Capital Changes - Following the first admission, the total issued share capital will be 4,415,492,276 ordinary shares, and after the second admission, it will increase to 4,997,575,609 ordinary shares [4]. Use of Proceeds - The net cash raised will be allocated to repay US$1 million of debt to Alpha and Mercuria, enabling the company to receive diamond proceeds to settle outstanding debts [7]. - Funds will also support operational and technical due diligence for resuming operations at Baita Plai mine and reopening Manaila mine [7]. - Additionally, the company aims to strengthen its cash position while awaiting proceeds from the sale of a historic diamond parcel [7]. Company Overview - Vast Resources plc is an AIM-listed mining company with operations in Romania, Tajikistan, and Zimbabwe, focusing on advancing high-quality projects and resuming production at previously operating mines [8]. - The company holds a 100% interest in the Baita Plai Polymetallic Mine, which has a mineral resource of 15,695 tonnes copper equivalent and an exploration target of up to 5.8 million tonnes [9]. - The Manaila Polymetallic Mine is also targeted for resumption of production, with an extended exploitation license granted for further examination of mineral resources [10]. - In Tajikistan, the company is involved in the Takob Mine processing facility, which is fully financed and will provide a 12.25% royalty on sales [12]. - The company is also contracted to manage the Aprelevka gold mines, aiming to increase production towards historical peak levels [13].

Core Insights - The recent transfer of shares in Sinomax Life Technology (00474) from Haitong International Securities to lmagi Brokerage Limited amounts to a market value of HKD 67.9825 million, representing 13.95% of the company [1] Financing and Capital Expenditure - Sinomax Life Technology announced a refinancing arrangement related to a 2018 financing agreement, with all conditions for the 2025 loan agreement met and completed on September 26, 2025 [1] - The total financing provided amounts to approximately GBP 87.3 million, with GBP 70.3 million withdrawn for the repayment of UK loans and associated transaction costs [1] - The remaining GBP 17 million will be allocated for capital expenditures on UK properties over the next one to two years, including major renovation projects aimed at enhancing rental income and capital value [1]