规范类退市新规

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规范类退市新规威力再现 又见两家上市公司完成资金占用整改
Jing Ji Guan Cha Wang· 2025-08-19 13:45
Core Viewpoint - Both *ST Huamei and ST Dongshi have completed the rectification of fund occupation and will resume trading on August 19, 2023 [2][3] Group 1: *ST Huamei - On February 12, 2025, *ST Huamei received a directive from the China Securities Regulatory Commission requiring the recovery of 149,067.82 million yuan of occupied funds within six months [2] - Due to failure to complete the rectification before the deadline, *ST Huamei's stock was suspended from trading on August 13, 2023 [2] - The company has received a total of 156,695.89 million yuan from Shanghai Pengsheng, which includes all occupied funds and interest [3] Group 2: ST Dongshi - ST Dongshi resolved its fund occupation issue through compensation from its controlling shareholder and related parties, totaling 387,344,487.68 yuan, resulting in a zero balance for occupied funds [3][4] - On August 14, 2023, ST Dongshi signed a compensation agreement with restructuring investors to clear non-operating fund occupations amounting to 337,486,717.76 yuan [4] - The company also executed a debt transfer agreement for 49,857,769.92 yuan related to non-operating fund occupation with its controlling shareholder's related party [4] Group 3: Regulatory Context - In April 2024, the CSRC issued new regulations that include stricter delisting standards for companies with significant fund occupation issues [5] - Companies with non-operating fund occupations exceeding 200 million yuan or 30% of net assets must repay within six months to avoid delisting procedures [5] - Other companies, such as ST Xintong and Zhongli Group, have also resolved fund occupation issues through various means, including cash repayment and bankruptcy restructuring [5]