Core Viewpoint - The article highlights the successful risk mitigation efforts of two listed companies, *ST Huamei and ST Dongshi, which collectively recovered nearly 2 billion yuan in misappropriated funds, thus avoiding delisting risks. This serves as a typical case under the regulatory approach of "promoting reform through delisting" [1][3][10]. Group 1: Company Actions - *ST Huamei faced a significant issue with 1.491 billion yuan of funds misappropriated by its controlling shareholder. After failing to rectify the situation within the mandated timeframe, the company was suspended from trading starting August 13, 2025. In response, the controlling shareholder transferred all shares, using the proceeds of 1.556 billion yuan to repay the misappropriated funds and interest by August 18 [3][4]. - ST Dongshi, on the other hand, initiated a pre-restructuring process to introduce investors who would compensate for the 387 million yuan misappropriated funds. Despite the controlling shareholder's shares being frozen and lacking repayment capability, the company managed to recover the funds with the help of local government support and investor involvement [5][6]. Group 2: Regulatory Environment - The regulatory framework has evolved significantly since 2003, with the China Securities Regulatory Commission (CSRC) implementing stricter measures against the non-operational appropriation of funds by major shareholders. The introduction of new rules in 2024 emphasized that failure to rectify fund misappropriation would lead to delisting, reinforcing the message that delisting is a means to ensure compliance rather than an end goal [7][9]. - The current regulatory approach combines various measures, including warnings, deadlines for rectification, and categorized handling of issues, to encourage companies to proactively resolve problems and restore operational integrity [1][2][10]. Group 3: Broader Market Implications - The successful cases of *ST Huamei and ST Dongshi reflect a broader trend in the market where companies that actively rectify issues are seen as potential investment opportunities. Conversely, companies that repeatedly violate regulations and fail to improve should be approached with caution [2][8]. - Other companies, such as ST Xintong and *ST Moden, have also managed to escape delisting risks through active rectification efforts, indicating a shift towards a more regulated and transparent market environment [8][10].

Core Points - The company has recovered all funds and interest amounting to 1.567 billion yuan from Shanghai Pengsheng and its affiliates by August 15, 2025 [1] - Beijing Guofu Jiaying Accounting Firm issued a special verification opinion on August 18, 2025, confirming that the company has completed the rectification of fund occupation as required [1] - The company has applied to the Shanghai Stock Exchange to revoke the risk warning due to non-operating fund occupation by related parties, pending approval from the exchange [1]

为完成整改，*ST华微须清收全部被控股股东及其关联方占用的资金。而由于在责令改正规定期限 （2025年8月12日）届满前未完成改正，其股票自2025年8月13日开市起停牌。 *ST华微在最新公告中表示，截至2025年8月15日，公司已清收了全部被上海鹏盛科技实业有限公司 （以下简称"上海鹏盛"）及其关联方占用资金及利息合计15.7亿元。其中，上海鹏盛以分红款抵偿 1105.93万元，并以向亚东投资转让所持*ST华微全部股份所得资金清偿15.56亿元。 2025年8月18日，北京国府嘉盈会计师事务所（特殊普通合伙）出具专项核查意见，确认*ST华微已按 责令改正要求完成资金占用整改。 因被关联方非经营性资金占用而触及的其他风险警示情形已经消除，*ST华微已向上交所申请撤销因关 联方非经营性资金占用而触及的其他风险警示情形，但该事项尚需上交所审核同意。 8月18日，*ST华微(600360)公告称，公司已完成资金占用整改，并已向上交所申请撤销因关联方非经营 性资金占用而触及的其他风险警示情形，公司将于8月19日复牌。 今年1月25日，*ST华微因存在资金占用未收回事项，被叠加实施其他风险警示。 今年2月12日，*S ...

登录新浪财经APP 搜索【信披】查看更多考评等级 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： ● 证券停复牌情况：适用 因吉林华微电子股份有限公司（以下简称"公司"）在责令改正规定期限（2025年8月12日）届满前未完 成改正，公司股票将自2025年8月13日开市起停牌，预计停牌时间不超过2个月。本公司的相关证券停复 牌情况如下： ■ 公司于2025年2月12日收到中国证监会吉林监管局下发的《关于对吉林华微电子股份有限公司、上海鹏 盛科技实业有限公司采取责令改正措施的决定》（吉证监决〔2025〕4号），要求公司在6个月内清收 149,067.82万元被占用资金。具体内容详见公司于2025年2月13日披露的《吉林华微电子股份有限公司关 于收到中国证券监督管理委员会吉林监管局〈行政监管措施决定书〉暨可能被实施退市风险警示的风险 提示性公告》（公告编号：2025-014）。为完成整改，公司须清收全部被控股股东及其关联方占用的资 金。 一、截至本公告披露日的改正情况及相关进展 截至本公告披露日，公司在责令改正规定期 ...

北京商报讯（记者 马换换 王蔓蕾）8月12日晚间，*ST华微（600360）披露公告称，公司无法在责令改 正期限内完成资金占用整改。公司股票将自8月13日开市起停牌，预计停牌时间不超过2个月。 交易行情显示，8月12日，*ST华微涨停收盘，收于涨停价9元/股，总市值86.43亿元。 *ST华微表示，截至公告披露日，公司在责令改正规定期限（8月12日）届满前未完成改正。前期，控 股股东已明确表示愿意积极配合落实解决非经营性资金占用问题，通过现金偿还、有价值的资产处置等 多种形式积极解决占用资金问题。公司在已实施完成的2023年、2024年年度权益分派工作中，将控股股 东上海鹏盛的现金红利1105.93万元全部抵偿其占用资金，由公司按照有关规定处置；公司已收到上海 鹏盛的《关于资金占用整改方案的承诺函》，上海鹏盛提出了资金占用整改方案，向上市公司归还全部 占用资金并支付利息共计15.67亿元，其中上海鹏盛将以分红款抵偿1105.93万元，并以向亚东投资转让 所持公司全部股份所得资金清偿15.56亿元。公司及相关方将抓紧推进协议转让相关事项，尽快完成资 金占用款的全额清收。 根据相关规定，若*ST华微在停牌期限内完 ...

Core Viewpoint - *ST Huamei faces potential stock suspension due to failure to rectify financial issues by the deadline of August 12, 2025, with a maximum suspension period of two months [1][2] Group 1: Company Financial Situation - The company has been ordered to recover 1.491 billion yuan of non-operating funds occupied by Shanghai Pengsheng and its affiliates within six months [1][2] - The company reported a stock price of 9 yuan, with an increase of 0.43 yuan, representing a 5.02% rise on August 12 [1] - The company has received a negative internal control audit opinion for the fiscal year 2024, leading to additional risk warnings for its stock [2] Group 2: Share Transfer Agreement - On June 25, *ST Huamei and its controlling shareholder Shanghai Pengsheng signed a share transfer agreement with Yadong Investment, transferring 214 million shares (22.32% of total shares) to Yadong Investment [3] - The proceeds from the share transfer, amounting to 1.556 billion yuan, will be used primarily to repay the occupied funds and interest [3] - The transaction aims to alleviate the company's financial difficulties and promote the high-quality development of the semiconductor industry in Jilin Province [3]

Core Viewpoint - Jilin Huamei Electronics Co., Ltd. faces significant financial scrutiny and potential delisting risks due to the requirement to recover occupied funds amounting to 1.49 billion yuan within six months, with failure to comply leading to stock suspension and possible termination of listing [2][4][12] Group 1: Regulatory Actions and Financial Obligations - The company received a directive from the Jilin Securities Regulatory Bureau on February 12, 2025, mandating the recovery of 149,067.82 million yuan in occupied funds within six months [2][4] - If the company fails to recover the funds by August 12, 2025, its stock will be suspended from trading starting August 13, 2025, and may face delisting if corrective actions are not taken within the following four months [2][4][12] Group 2: Shareholder Actions and Financial Recovery Plans - On June 25, 2025, the controlling shareholder, Shanghai Pengsheng Technology Industry Co., Ltd., signed a share transfer agreement with Yadong Investment, intending to use the proceeds to repay the occupied funds [3][7] - Shanghai Pengsheng has pledged all its shares in the company as collateral to ensure the repayment of the occupied funds [6][7] Group 3: Audit and Risk Warnings - The company’s stock has been under delisting risk warning since May 6, 2025, due to an audit report that expressed an inability to provide an opinion on the financial statements for the previous fiscal year [9][10] - The company is also subject to additional risk warnings due to the non-operational fund occupation exceeding 5% of the latest audited net assets and failing to rectify the situation within one month [10][11] Group 4: Ongoing Measures and Future Outlook - The company is actively urging its controlling shareholder to take effective measures to recover the occupied funds and is committed to complying with regulatory requirements for rectification [11] - The company emphasizes the importance of strengthening internal controls and governance to ensure sustainable development and protect shareholder interests [11]

Core Viewpoint - Jilin Huamei Electronics Co., Ltd. expects significant growth in net profit for the first half of 2025, with projections indicating an increase of 44.99% to 71.62% compared to the same period last year [2][4]. Financial Performance Summary - The company anticipates a net profit attributable to shareholders ranging from 98 million to 116 million yuan, representing a year-on-year increase of 3,040.86 million to 4,840.86 million yuan [2][4]. - The projected net profit after deducting non-recurring gains and losses is expected to be between 105.19 million and 123.19 million yuan, reflecting a substantial increase of 93.74% to 126.90% compared to the previous year [2][4]. Previous Year Comparison - For the same period last year, the net profit attributable to shareholders was 67.59 million yuan, and the net profit after deducting non-recurring gains and losses was 54.29 million yuan [6]. Reasons for Performance Increase - The increase in performance is attributed to enhanced operational management efficiency, improved customer communication, and the ability to meet personalized customer needs, leading to growth in sales orders and revenue [8].

Core Viewpoint - *ST Huami has resumed trading with a significant stock price increase following the announcement of a share transfer agreement aimed at resolving financial issues and potential delisting risks [1][2]. Group 1: Share Transfer Agreement - The controlling shareholder, Shanghai Pengsheng, plans to transfer 214,326,656 shares (22.32% of total shares) to Jilin Yadong State Capital Investment Co., Ltd. to address financial occupation issues [2][4]. - The transfer price will primarily be used to repay the occupied funds and interest amounting to 1,555.899 million yuan [2][4]. - After the transaction, Shanghai Pengsheng will no longer hold shares, and Jilin Yadong will become the new controlling shareholder [2][4]. Group 2: Financial and Regulatory Context - The company faces delisting risks due to financial occupation and negative audit opinions for the 2024 fiscal year [5][6]. - The transaction is contingent upon approval from the shareholders' meeting and regulatory bodies, including the State Administration for Market Regulation [2][3]. - If the company fails to recover the occupied funds by August 12, 2025, it may face trading suspension and potential delisting [6]. Group 3: Business Operations and Future Outlook - The transaction is not expected to change the company's main business or affect its independence, and it aims to enhance operational quality and market competitiveness [4]. - The company will leverage the advantages of the new state-owned controlling shareholder to promote business expansion and resource integration [4].

Group 1 - The company will hold its second extraordinary general meeting of shareholders on July 11, 2025, at 9:30 AM in Jilin City, China [2][11] - Voting will be conducted through a combination of on-site and online methods, with specific time slots for each [3][8] - Shareholders must register to attend the meeting, either in person or through authorized representatives [14][16] Group 2 - The company is under a corrective order from the Jilin Securities Regulatory Bureau to recover 1.49 billion yuan of misappropriated funds by August 12, 2025, or face potential delisting [24][27] - The company has been under delisting risk warning since May 6, 2025, due to an audit report that could not express an opinion on its financial statements [31][32] - The company is actively working with its controlling shareholder, Shanghai Pengsheng, to resolve the misappropriation issue through a proposed share transfer to Jilin Yadong State Capital Investment Co., Ltd. [40][55] Group 3 - The share transfer agreement involves transferring 214,326,656 shares, representing 22.32% of the company's total shares, to Jilin Yadong, with proceeds prioritized for repaying misappropriated funds [55][58] - The transaction is subject to approval from the shareholders' meeting and regulatory bodies, including the State Administration for Market Regulation [41][71] - The company aims to leverage the advantages of state-owned capital to enhance its operational quality and market competitiveness post-transaction [70]