8月4日晚间，*ST华嵘（SH600421，前收盘价：6.42元，市值：12.56亿元）宣布因控股股东恒顺投资及 其一致行动人天纪投资筹划重大事项，可能导致公司控制权变更，公司股票自8月5日起停牌。值得注意 的是，4日当天交易时段，股价涨停，晚上就发布重大事项公告，这一异常表现，或引发市场对内幕交 易的强烈质疑。 从过往案例来看，重大事项发布前股价异常波动的情况会引发市场的广泛关注和监管层的高度警觉。 *ST华嵘在公告发布前股价提前涨停，无疑再次将内幕交易的嫌疑推到了风口浪尖。按照规定，上市公 司在发布重大事项公告前应严格保密，避免信息泄露。然而，*ST华嵘的股价却在公告前"提前起舞"， 这种异常表现不得不让人怀疑，是否有人提前知晓了重大事项并借此获利。 值得注意的是，*ST华嵘的业绩表现并不理想。根据2025年半年度业绩预告，*ST华嵘预计上半年亏损 270万元至400万元。公司称，其子公司浙江庄辰所处行业竞争较为激烈，传统模具类产品市场需求没有 明显提升，毛利率仍处于较低水平。同时，其子公司杭州华嵘北软科技业务处于开拓期，报告期内亏 损。在这样的背景下，此次重大事项虽可能涉及控制权变更，但公司财务状况不佳 ...

Group 1 - The company forecasts a net loss attributable to shareholders for the first half of 2025, estimated between -4 million and -2.7 million yuan [2][11] - The net profit attributable to shareholders, excluding non-recurring gains and losses, is expected to be between -4.2 million and -2.8 million yuan [3][11] - The previous year's net profit attributable to shareholders was -3.339 million yuan, and the net profit excluding non-recurring gains and losses was -3.8179 million yuan [5] Group 2 - The primary reasons for the expected loss include intense competition in the industry where subsidiary Zhejiang Zhuangchen operates, and a lack of significant demand increase for traditional mold products, resulting in low gross margins [7] - The subsidiary Hangzhou Huarong Beiruan Technology Co., Ltd. is in a development phase and incurred losses during the reporting period [7]