Core Viewpoint - ST Jinggu (600265) announced that its controlling shareholder, Zhou Dafu Investment Co., Ltd., will gift 51% of its stake in Shanghai Boda Digital Technology Co., Ltd. to the company without any compensation or obligations, which will be included in ST Jinggu's consolidated financial statements [2][4] Group 1: Asset Transfer and Financial Support - Zhou Dafu Investment also provided ST Jinggu with a loan of 60 million yuan, marking another effort to support the company financially after taking control seven years ago [4][10] - On the day of the announcement, ST Jinggu's stock price rose by 4.94%, with a trading volume of 50.42 million yuan, significantly increasing by 300% compared to the previous trading day [4][10] Group 2: Company Background and Financial Data - Boda Digital was established on April 28, 2025, with a registered capital of 300 million yuan and paid-in capital of 195 million yuan, solely owned by Zhou Dafu Investment [6] - The company reported revenue of 6.41 million yuan and a net profit of 2.20 million yuan from May to July 2025, but has a limited customer base, currently only having a framework agreement with one enterprise [7][8] Group 3: Operational Challenges and Risks - ST Jinggu acknowledged its current liquidity issues and lack of personnel and technical capabilities to match the digital server business, indicating significant cross-industry operational risks [8] - Boda Digital's financial data shows a negative cash flow from operating activities of -83.48 million yuan for the first seven months of 2025, suggesting limited contribution to ST Jinggu's financial performance [9][10] Group 4: Historical Context and Market Reactions - Zhou Dafu Investment has been continuously injecting capital into ST Jinggu since acquiring a 30% stake in June 2018, totaling 2.325 billion yuan for a 55% ownership [11] - Despite ongoing financial support, ST Jinggu has not resolved its operational challenges, with multiple lawsuits and significant debt pressure, leading to skepticism about the effectiveness of these interventions [11][12]

9月23日晚，ST景谷（600265）发布公告称，公司控股股东周大福投资有限公司拟将其持有的上海博达 数智科技有限公司（以下简称"博达数科"）51%股权无偿赠与公司。本次赠与无需ST景谷支付任何对 价，亦不附加任何义务。受赠完成后，ST景谷将持有博达数科51%股权，后者将被纳入公司合并报表范 围。 在无偿赠送资产的同时，周大福投资还为ST景谷新提供6000万元借款。此次"多管齐下"的输血，是周 大福投资接掌ST景谷7年来，持续为其"填坑"的又一举措。（上海证券报曾以《ST景谷"救命稻草"爆雷 周大福投资一再"填坑"为哪般》为题进行报道）。 值得注意的是，9月23日当天，ST景谷股价上涨4.94%，成交额达5042万元，较前一交易日放大300%， 9月24日开盘直接一字涨停。回溯过往，ST景谷在发布重大信息前，股价多次出现提前精准异动的情 况，引发市场关注。 跨界救助难解"披星"风险 公告显示，博达数科成立于2025年4月28日，成立时间尚不足半年，唯一股东为周大福投资，该公司注 册资本3亿元，实缴资本1.95亿元。博达数科的法定代表人、董事、财务负责人为刘皓之，其同时担任 ST景谷董事；博达数科监事同样由ST ...