2月28日，深圳市亚辉龙生物科技（688575）公告：公司于 2026 年 2 月 28 日收到中国证监会深圳 监管局下发的《行政处罚事先告知书》。亚辉龙于 2026 年 1 月 6 日 17 点 43 分发布《关于自愿披 露签署战略合作框架协议的公告》，于 2026 年 1 月 6 日 21 时 27 分发布《关于自愿披露签署战略 合作框架协议的补充公告》。深圳证监局认为，亚辉龙前述相关披露信息不准确、不完整，致使或者可 能致使投资者作出错误判断，相关信息披露后，公司股价明显偏离市场行情，并出现异常波动，构成误 导性陈述违法行为。胡鹍辉作为亚辉龙董事长，审核并决定前述相关公告发布，未勤勉尽责，未能保证 公司信息披露真实、准确、完整，是亚辉龙上述信息披露违法行为直接负责的主管人员。王鸣阳作为亚 辉龙董事会秘书，建议、参与、审议前述相关公告发布，未勤勉尽责，未能保证公司信息披露真实、准 确、完整，是亚辉龙上述信息披露违法行为直接负责的主管人员。深圳证监局拟决定：1、对深亚辉龙 责令改正，给予警告，并处以400 万元罚款；2、对胡鹍辉给予警告，并处以 200 万元罚款；3、对王 鸣阳给予警告，并处以 150 万元 ...

上交所随后指出，亚辉龙相关公告存在信息披露不准确、不完整的问题，未充分提示合作不确定性及相 关风险，已对公司及时任董事会秘书王鸣阳予以监管警示。此次证监会正式立案，正是对该起涉嫌误导 性陈述行为的进一步调查核实。 相较于亚辉龙因热点概念相关公告违规被立案，天晟新材的涉嫌违规事项则指向历史财务信息披露。根 据公司公告，经自查，本次证监会立案可能涉及2023年度关联交易未披露事项。截至公告披露日，天晟 新材尚未收到证监会的最终调查结论，相关事项的具体细节及违规程度仍有待进一步核查确认。 公开资料显示，天晟新材是全国知名的高分子材料专业生产商，主营业务聚焦于高分子新材料的研发、 生产与销售，主要产品包括软质发泡材料、结构泡沫材料、声屏障产品等。值得注意的是，该公司近期 正处于控制权变更的关键阶段，1月12日曾公告控股股东、实控人拟发生变更，相关股份转让及认购事 宜已完成前期披露，公司股票于1月16日复牌。此次立案调查是否会对公司控制权变更进程产生影响， 成为市场关注的焦点之一。 公开资料显示，亚辉龙主营业务是化学发光免疫分析法为主的体外诊断仪器及配套试剂的研发、生产和 销售，及部分非自产医疗器械产品的代理销售。 尽 ...

文/梧桐晓编 2月6日，中国证监会官网公布：证监会对亚辉龙公告涉嫌误导性陈述立案调查。2026年1月7日，深圳市亚辉龙生物科技股份有限公司（688575）披露签署战略合 作框架协议的公告，涉嫌误导性陈述。近日，证监会已对亚辉龙立案调查。下一步，将在全面调查的基础上依法处理，切实维护市场健康发展。亚辉龙也于2月6 日晚间公告收到证监会下发的《立案告知书》。 亚辉龙于2021年5月17日上市。公司主营业务为：以化学发光免疫分析法为主的体外诊断仪器及配套试剂的研发、生产和销售， 及部分非自产医疗器械产品的代理 销售业务。 2026年1月7日，亚辉龙发布《关于自愿披露签署战略合作框架协议的公告》。亚辉龙于1月6日与深圳脑机星链科技有限公司（以下简称："脑机星链"）签署了《战 略合作框架协议》。而脑机星链在2025年9月2日才成立，注册资本500万元，共有4名股东，主营业务：包括脑疾病综合诊断、治疗与康复，集研究、开发、生 产、销售、技术支持一体化等业务。亚辉龙通过深圳市焕生纪生物科技有限公司间接持有脑机星链 4%的股权。 | 序号 | 股东名称 | 持股比例(%) | | --- | --- | --- | | | ...

登录新浪财经APP 搜索【信披】查看更多考评等级 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 出品：新浪财经上市公司研究院 作者：cici 步入2026年，亚辉龙曝光率提升。一方面，公司1月6日高调官宣与深圳脑机星链科技有限公司（简 称"脑机星链"）达成战略合作，通过整合脑机接口技术与临床和市场资源，共同开发脑机接口相关在研 产品及推进后续市场拓展及推广。另一方面，1月31日公司发布2025年业绩预告，归母净利润、扣非归 母净利润均大幅下滑，其中归母净利润预计同比下滑90.05%-93.37%，扣非归母净利润预计同比下滑 70.42%-77.38%。 新冠后业绩深陷泥潭： 连续三年利润大幅下滑，2025年归母净利润预计降超90%扣非利润降超70% 亚辉龙是体外诊断产品提供商，主营业务为以化学发光免疫分析法为主的体外诊断仪器及配套试剂的研 发、生产和销售，及部分非自产医疗器械产品的代理销售业务。公司聚焦于自身免疫性疾病、生殖健 康、感染性疾病、糖尿病、呼吸道病原体等多个核心疾病领域的精准诊断，提供涵盖诊断仪器、配套试 剂及相关服务的实验室整体解决方案。 回顾亚辉龙历史业绩，可以发现 ...

Group 1 - The core viewpoint of the news is that Aihuilong's stock has experienced fluctuations, with a recent decline in price and significant changes in trading volume and shareholder structure [1][2]. - As of January 16, Aihuilong's stock price was 15.05 yuan per share, with a market capitalization of 8.599 billion yuan and a trading volume of 55.8934 million yuan [1]. - The company has seen a year-to-date stock price increase of 5.99%, but a decline of 3.77% over the last five trading days [1]. Group 2 - Aihuilong's main business involves the research, production, and sales of in vitro diagnostic instruments and related reagents, with a revenue composition of 58.57% from self-produced reagents (non-COVID products) [1]. - As of September 30, the company reported a revenue of 1.287 billion yuan for the first nine months of 2025, a year-on-year decrease of 7.69%, and a net profit of 60.4209 million yuan, down 72.36% year-on-year [2]. - The company has distributed a total of 693 million yuan in dividends since its A-share listing, with 531 million yuan distributed over the past three years [3].

Core Viewpoint - The stock price of Aihuilong has shown a significant increase this year, with a 12.96% rise, indicating positive market sentiment despite a decline in revenue and profit [2]. Group 1: Stock Performance - As of January 14, Aihuilong's stock price increased by 2.10%, reaching 16.04 CNY per share, with a trading volume of 66.89 million CNY and a turnover rate of 0.74% [1]. - Year-to-date, Aihuilong's stock has risen by 12.96%, with a 3.28% increase over the last five trading days, a 13.76% increase over the last 20 days, and an 11.93% increase over the last 60 days [2]. Group 2: Company Overview - Aihuilong, established on September 17, 2008, and listed on May 17, 2021, specializes in the research, production, and sales of in vitro diagnostic instruments and related reagents, primarily using chemiluminescent immunoassay technology [2]. - The company's revenue composition includes 58.57% from self-produced reagents (non-COVID products), 12.60% from self-produced consumables (non-COVID products), and 11.92% from self-produced instruments (non-COVID products) [2]. Group 3: Financial Performance - For the period from January to September 2025, Aihuilong reported a revenue of 1.287 billion CNY, a year-on-year decrease of 7.69%, and a net profit attributable to shareholders of 60.42 million CNY, down 72.36% year-on-year [2]. - Since its A-share listing, Aihuilong has distributed a total of 693 million CNY in dividends, with 531 million CNY distributed over the past three years [3]. Group 4: Shareholder Information - As of September 30, 2025, Aihuilong had 12,800 shareholders, an increase of 7.40% from the previous period, with an average of 44,595 circulating shares per person, a decrease of 6.89% [2]. - The seventh largest circulating shareholder is Huabao Zhongzheng Medical ETF, holding 9.6516 million shares, which is a decrease of 1.7669 million shares compared to the previous period [3].

Core Viewpoint - The in vitro diagnostic company, YHLO (688575.SH), has announced its entry into the brain-computer interface (BCI) sector, but faced immediate regulatory scrutiny due to inconsistent disclosures regarding its partnership with Shenzhen Brain Machine Starlink Technology Co., Ltd. [1][2] Group 1: Regulatory Scrutiny - The Shanghai Stock Exchange issued an inquiry and warning to YHLO for inaccurate and incomplete information disclosure regarding its collaboration with Brain Machine Starlink, particularly concerning the technical pathways and risks associated with the partnership [2][3] - YHLO's initial announcement described Brain Machine Starlink as a company utilizing both non-invasive and invasive technologies, but later retracted this statement under regulatory pressure, clarifying that the partner only focuses on non-invasive technology [2][3] Group 2: Company Performance - YHLO's financial performance has been under pressure, with a net profit decline of 72.36% year-on-year for the first three quarters of 2025, continuing a downward trend that began in 2023 [1][5] - The company reported a revenue of 1.287 billion yuan, a decrease of 7.69% year-on-year, and has experienced a continuous decline in revenue and net profit over the past three years [5][6] Group 3: Strategic Move into BCI - The partnership with Brain Machine Starlink appears to be a strategic attempt to revitalize market confidence amid declining performance, with the BCI sector being a trending technology area [4][6] - YHLO plans to invest no more than 15 million yuan in Brain Machine Starlink, with total estimated project costs around 30 million yuan, indicating a low financial commitment relative to its cash reserves [5][6] - The company has stated that the collaboration will not yield significant performance improvements in the short term, with potential revenue generation not expected before November 2026 [6]

Core Viewpoint - The stock price of Aihuilong has shown a significant increase in recent trading sessions, reflecting positive market sentiment despite a decline in revenue and net profit for the year [2][3]. Group 1: Stock Performance - Aihuilong's stock price increased by 11.69% since the beginning of the year, with a 11.85% rise over the last five trading days, 11.30% over the last 20 days, and 9.23% over the last 60 days [2]. - As of January 8, the stock was trading at 15.86 CNY per share, with a market capitalization of 9.062 billion CNY [1]. Group 2: Financial Performance - For the period from January to September 2025, Aihuilong reported a revenue of 1.287 billion CNY, a year-on-year decrease of 7.69%, and a net profit attributable to shareholders of 60.42 million CNY, down 72.36% year-on-year [2]. - Cumulative cash dividends since the company's A-share listing amount to 693 million CNY, with 531 million CNY distributed over the last three years [3]. Group 3: Business Overview - Aihuilong, established on September 17, 2008, specializes in the research, production, and sales of in vitro diagnostic instruments and related reagents, primarily using chemiluminescent immunoassay technology [2]. - The company's revenue composition includes 58.57% from self-produced reagents (non-COVID products), 12.60% from self-produced consumables (non-COVID products), and 11.92% from self-produced instruments (non-COVID products) [2]. Group 4: Shareholder Information - As of September 30, 2025, Aihuilong had 12,800 shareholders, an increase of 7.40% from the previous period, with an average of 44,595 circulating shares per shareholder, a decrease of 6.89% [2]. - The seventh largest circulating shareholder is Huabao Zhongzheng Medical ETF, holding 9.6516 million shares, which is a decrease of 1.7669 million shares compared to the previous period [3].

Core Viewpoint - Aihui Long (688575.SH) announced a strategic cooperation with Shenzhen Brain Machine Starlink Technology Co., Ltd. to explore brain-computer interface technology, which has raised regulatory concerns due to the sudden nature of the announcement and the company's recent poor performance in its core business [2][3][5]. Group 1: Company Announcement and Market Reaction - Aihui Long signed a strategic cooperation framework agreement with Brain Machine Starlink on January 6, focusing on brain-computer interface technology development and commercialization [2]. - Following the announcement, Aihui Long's stock price surged from 14.64 CNY to 15.80 CNY, marking a 6.52% increase with a trading volume up by 299% compared to the previous day [2]. - The Shanghai Stock Exchange issued an inquiry to Aihui Long regarding the feasibility of the cooperation, including questions about the partnership's rationale and potential insider trading [2][5]. Group 2: Financial Performance and Concerns - Aihui Long's financial performance has been declining, with a 7.69% drop in revenue and a 72.36% decrease in net profit for the first three quarters of 2025 [3][6]. - The company is attempting to pivot into the growing brain-computer interface market amid stagnation in its core business of in vitro diagnostic instruments [3]. - The inquiry from the exchange also focused on the reasons behind the significant decline in Aihui Long's financials and the potential impact of the new cooperation on its existing business [6]. Group 3: Details on the Cooperation Partner - Brain Machine Starlink was established only four months prior to the announcement, with a registered capital of 5 million CNY and a focus on comprehensive diagnosis, treatment, and rehabilitation of brain diseases [3][4]. - Both companies share the same registered address in Shenzhen, raising questions about the legitimacy and depth of the partnership [4]. - The products under development by Brain Machine Starlink, including non-invasive brain-computer interface devices, are still in early stages and have not yet entered the registration phase [4].

Core Viewpoint - The Shanghai Stock Exchange has issued an inquiry letter to Yahui Long, requesting additional disclosure regarding its strategic cooperation with Shenzhen Brain Machine Star Chain Technology Co., Ltd. [2] Group 1: Cooperation Details - Yahui Long signed a strategic cooperation framework agreement with Brain Machine Star Chain on January 6, focusing on clinical transformation and market expansion of brain-machine interface technology [2][4] - The cooperation will involve market promotion and revenue sharing [4] Group 2: Inquiry Requirements - The Shanghai Stock Exchange requires Yahui Long to disclose the main technical routes, product types, application fields, and commercialization status of Brain Machine Star Chain [5] - Yahui Long must analyze the feasibility of market promotion collaboration based on its main business and the synergies with Brain Machine Star Chain [5] - The company is also required to provide a timeline for future promotional agreements and expected revenue sharing [5] Group 3: Product Development Status - Brain Machine Star Chain, established in September 2025, is developing products such as EEG analysis devices and non-invasive brain-machine interface devices, which are still in early development stages [4][6] - The vagus nerve stimulation device is in the registration preparation stage, while other products are in early research or preclinical stages [4] Group 4: Financial Performance and Investment Feasibility - Yahui Long's revenue and net profit for the first three quarters of 2025 decreased by 7.69% and 72.36% year-on-year, respectively, with cash reserves of 465 million yuan [10][13] - The company plans to provide financial and business support to Brain Machine Star Chain through equity investment or joint ventures [10][13] - Yahui Long stated that the strategic cooperation will not significantly impact its performance in the short term [13]