Core Viewpoint - ST New潮 is a striking example in China's A-share market, with its assets primarily located in the U.S., raising questions about its governance and financial practices [3][6]. Group 1: Company Overview - ST New潮 is registered in Yantai, Shandong, but operates its board in Beijing, with 99.91% of its assets located in Texas oil fields, USA [3]. - The company has not distributed dividends to domestic shareholders for 15 consecutive years, while its U.S. subsidiary employees enjoy high salaries, averaging 1.75 million RMB annually [4][11]. Group 2: Financial Background - From 2015 to 2017, ST New潮 raised 12.5 billion RMB through three rounds of financing, investing the entire amount in U.S. oil and gas assets, which now produce over 60,000 barrels daily and are valued at 33.8 billion RMB [6][9]. - The domestic parent company is burdened with 2.4 billion RMB in debt and has frozen accounts, while the U.S. subsidiary reported a net profit of 7.376 billion RMB from 2022 to Q3 2024 [8][9]. Group 3: Governance and Control - Although ST New潮 has no official controlling shareholder, it is effectively controlled by a pair of brothers from Hunan, who have manipulated board positions to maintain control over the U.S. subsidiary [10]. - The company has faced significant challenges in auditing its financials, with previous auditors unable to verify the authenticity of its U.S. assets, leading to a "ST" designation [13]. Group 4: Market Activity and Future Prospects - Despite the looming risk of delisting, major energy companies are still interested in acquiring stakes in ST New潮, driven by the value of its U.S. oil fields [14]. - The company’s assets are located in a region with significant shale oil reserves, but the uncertainty surrounding control raises concerns about the viability of any potential acquisitions [14].

2015年，一家名为新潮能源的上市公司突然转型，决定卖掉在国内的所有任务，转头带着A股融资的124亿元，去美国买起了油田。 在阅读此文前，为了方便您进行讨论和分享，麻烦您点击一下"关注"，可以给您带来不一样的参与感，感谢您的支持。 声明：本文内容均是根据权威资料，结合个人观点撰写的原创内容，文未已标注文献来源及截图，请知悉 338亿的资产竟然有99.91%都在美国，15万股民更是急的团团转，自己的钱追不回来铁定着急，谁能想到这家公司在山东注册，董事会在北京，核心资产却 全权在大洋彼岸。 国内的母公司负债累累，美国的子公司却富得流油，股民们的投资更像是掉进无底洞一样，那么这家公司又究竟是谁呢？ 自此之后，这家公司在美国的子公司就此走上了康庄大道，2023年，新潮在美国的子公司资产就膨胀到338亿，员工人均年薪就高达175万，远远高出美国当 地平均公司的三倍有余。 而反观国内的母公司，这15年来真的是苟延残喘，不光没有拿到一点分红，甚至还背负了24亿的债务。 新潮能源在海外赚的盆满钵满，三年的净利润就超过70亿，为什么不能把这些钱转到国内救济一下，公司声称钱转回来会被债主划走影响业务为理由拒绝 了。 这一下子国内 ...