投资快报记者李山 广州报道 一笔隐秘的"家族交易"，一份存在重大遗漏的财报，正在让一家上市公司及其投资者付出沉重代价。 2025年10月22日，锦盛新材（300849）公告收到浙江证监局的《行政处罚事先告知书》，公司因涉嫌信 息披露违法违规将被处以警告及150万元罚款，公司董事长等四位高管被连带处罚，总计罚款金额达550 万元。投资快报记者留意到，这起罚单还揭开了一桩高达1.2亿元的关联交易——公司董事长指定亲侄 子承包公司重大工程项目，却未在年报中如实披露。 隐秘关联 2021年12月6日，锦盛新材与浙江宏祥建设工程有限公司签订《建设工程施工合同》，将"年产6000万套 化妆品包装容器建设项目"厂房建设交由后者承包。 就在同一天，浙江宏祥与阮钟炎签订《工程项目内部承包经营协议》，将上述厂房建设交由阮钟炎实际 承包。 浙江宏祥仅按合同金额的一定比例收取管理费，而阮钟炎控制项目章、自主雇员建设、自主采购与付 款、自主与锦盛新材对接请款、自负盈亏。 调查结果显示，阮钟炎正是锦盛新材实际控制人兼董事长阮荣涛的侄子。 阮荣涛也正是因为这层叔侄关系，才指定将6000万套项目交由阮钟炎实际承包，并要求浙江宏祥在合同 签订 ...

中国经济网北京10月23日讯 锦盛新材(300849.SZ)昨晚发布关于公司及相关当事人收到《行政处罚 事先告知书》的公告。 近日，公司及相关当事人收到浙江证监局的《行政处罚事先告知书》（浙处罚字[2025]15号）。 《行政处罚事先告知书》显示，锦盛新材涉嫌信息披露违法违规一案，已由浙江证监局调查完毕，浙江 证监局依法拟对锦盛新材、阮荣涛、阮棋江、夏书良、阮岑泓作出行政处罚。现将浙江证监局拟对锦盛 新材、阮荣涛、阮棋江、夏书良、阮岑泓作出行政处罚所根据的违法事实、理由、依据及其享有的相关 权利予以告知。 经查明，当事人（锦盛新材、阮荣涛、阮棋江、夏书良、阮岑泓）涉嫌违法的事实如下： 2021年12月6日，锦盛新材与浙江宏祥建设工程有限公司（以下简称浙江宏祥）签订《建设工程施 工合同》，约定浙江宏祥承包"年产6,000万套化妆品包装容器建设项目"厂房建设（以下简称6,000万套 项目）。同日，浙江宏祥与阮钟炎签订《工程项目内部承包经营协议》，将上述厂房建设交由阮钟炎实 际承包。浙江宏祥仅按合同金额的一定比例收取管理费，阮钟炎控制项目章、自主雇员建设、自主采购 与付款、自主与锦盛新材对接请款、自负盈亏，实质系阮 ...

最关键的是，这本来应该经过关联交易审议程序，但锦盛新材直到今年4月才追认这笔关联交易。然而 为时已晚，随着监管介入，锦盛新材、公司董事长及多名高管也被处罚。 指定项目由上市公司董事长侄子承包 10月22日晚间，锦盛新材公告披露了信披违规的前因后果。 2021年12月6日，锦盛新材与浙江宏祥建设工程有限公司(以下简称浙江宏祥)签订《建设工程施工合 同》，约定浙江宏祥承包"年产6000万套化妆品包装容器建设项目"厂房建设(以下简称6000万套项目)。 同日，浙江宏祥与阮钟炎签订《工程项目内部承包经营协议》，将上述厂房建设交由阮钟炎实际承包。 浙江宏祥仅按合同金额的一定比例收取管理费，阮钟炎控制项目章、自主雇员建设、自主采购与付款、 自主与锦盛新材对接请款、自负盈亏，实质系阮钟炎与锦盛新材开展业务。 经查，阮钟炎系锦盛新材实际控制人兼董事长阮荣涛的侄子，阮荣涛正因为叔侄关系，才指定将6000万 套项目交由阮钟炎实际承包，并要求浙江宏祥在合同签订等安排中予以配合。 《每日经济新闻》记者注意到，锦盛新材是在6月27日收到证监会立案通知书。在此之前的2个月，锦盛 新材突然追认了这笔关联交易。 供应商为锦盛新材（30084 ...

锦盛新材公告，公司及相关当事人近日收到中国证券监督管理委员会浙江监管局的《行政处罚事先告知 书》，因涉嫌信息披露违法违规被警告并处以罚款。经查明，2021年12月锦盛新材与浙江宏祥建设工程 有限公司签订《建设工程施工合同》，将"年产6000万套化妆品包装容器建设项目"厂房建设交由实控人 阮荣涛侄子阮钟炎实际承包，2022年关联交易金额达1.2亿元，占公司当年经审计净资产的18.6%，但未 在2022年年度报告中披露。浙江证监局认定该行为违反《证券法》相关规定。处罚决定显示：对公司给 予警告并罚款150万元；对时任董事长阮荣涛警告并罚款150万元；对时任总经理阮棋江、监事会主席夏 书良各警告并罚款100万元；对时任副总经理阮岑泓警告并罚款50万元。 ...

Core Viewpoint - The company Jinsheng New Materials (300849) has successfully launched a new project for the production of 45 million sets of cosmetic packaging containers, which was put into operation in July 2021 and recognized as a provincial-level smart factory in Zhejiang [1] Group 1: Company Overview - Jinsheng New Materials has over 20 years of experience in the production and sales of cosmetic packaging materials, making it one of the more technically proficient and product-diverse companies in the domestic industry [1] - The company focuses on its main business of cosmetic packaging [1] Group 2: Project Details - The new project utilizes an intelligent warehousing logistics system and robotic automatic packing workstation [1] - The project was recognized by the Zhejiang Provincial Department of Economy and Information Technology as a "2021 Provincial Smart Factory (Digital Workshop)" [1]

中国经济网北京9月22日讯 锦盛新材（300849.SZ）近日披露2025年半年度报告。2025年上半年，公司实现营业收入1.51亿元，同比下降9.33%；归属于 上市公司股东的净利润为-879.65万元，上年同期56.25万元；归属于上市公司股东的扣非净利润为-1094.79万元，上年同期为-747.96万元；经营活动产生的现 金流量净额为-550.07万元，上年同期为279.00万元。 | | 本报告期 | 上年同期 | 本报告期比 | | --- | --- | --- | --- | | 营业收入(元) | 150,980,934.64 | 166, 509, 935. 68 | | | 归属于上市公司股东的净利润(元) | -8.796.537.52 | 562, 456. 99 | | | 归属于上市公司股东的扣除非经常性 损益的净利润(元) | -10, 947, 893. 39 | -7, 479, 580. 08 | | | 经营活动产生的现金流量净额(元) | -5.500.662.92 | 2.789.970.84 | | | 基本每股收益(元/股) | -0. 0586 | 0. 00 ...

锦盛新材证券部相关人士在接受《中国经营报》记者采访时表示："目前该事件未对公司正常运转造成 影响。" 9月12日晚间，锦盛新材（300849.SZ）发布公告称，公司及相关人员于近日收到中国证券监督管理委员 会浙江监管局出具的警示函。此前，浙江证监局在现场检查中发现锦盛新材存在混同管理实控人控制企 业、未及时披露关联交易等多项违规问题。 中经记者 陈家运 北京报道 值得注意的是，今年6月27日，锦盛新材还因涉嫌信息披露违规违法，被证监会立案。短时间接连引发 监管关注，公司内部控制和合规管理状况，引发市场关注。 多项违规 8月25日晚间，锦盛新材发布2025年半年度报告。报告期内，公司实现营业收入1.51亿元，同比下降 9.33%；归属于上市公司股东的净利润为-879.65万元，同比下降1663.95%；扣除非经常性损益后的净利 润为-1094.79万元，同比下降46.37%。 财报显示，上半年锦盛新材内销较上年同期减少846.89万元，同比下降7.30%，外销较上年同期减少 706.01万元，同比下降13.98%。公司解释称，内销收入下降主要系部分玻璃瓶业务净额法核算影响，外 销收入下降则主要受宏观环境影响。 ...

深圳证券交易所对锦盛新材及董事长阮荣涛、总经理阮棋江、财务总监黄芬、董事会秘书刘振毅、时任 财务总监兼董事会秘书段刘滨给予通报批评处分，并记入上市公司诚信档案。 南方财经9月15日电，锦盛新材(300849.SZ)公告，公司与浙江宏祥建设工程有限公司于2021年12月6日 签订《建设工程施工合同》，合同总金额（含税）为11800万元，用于年产6000万套化妆品包装容器建 设项目。2022年12月22日，双方签署《合同金额变更补充协议》，将合同金额增加至15000万元。宏祥 建设与锦盛新材董事长阮荣涛的侄子阮某炎签署协议，将项目交由阮某炎承包，宏祥建设负责工程安全 质量保证及资金进出管理，阮某炎负责具体施工。 2022年至2024年，锦盛新材与宏祥建设实际发生交易金额分别为12000万元、3000万元、282.59万元， 占2021年至2023年锦盛新材经审计的归属于上市公司股东的净资产的比例分别为17.58%、4.65%、 0.45%。锦盛新材于2025年4月追认上述交易为关联交易，其中2022年交易金额达到股东大会审议标 准，2023年交易金额达到披露标准，但公司未按规定及时履行审议程序及信息披露义务。 ...

Core Viewpoint - The financial performance of Jinsong New Materials (300849) in the 2025 mid-year report shows significant declines in both revenue and net profit, indicating a challenging operational environment and potential weaknesses in the business model [1][4]. Financial Performance Summary - Total operating revenue for the first half of 2025 was 151 million yuan, a decrease of 9.33% compared to 167 million yuan in the same period of 2024 [1]. - The net profit attributable to shareholders was -8.80 million yuan, representing a drastic decline of 1663.95% from a profit of 562,500 yuan in the previous year [1]. - The gross profit margin was 18.81%, down by 0.24% year-on-year, while the net profit margin fell to -5.83%, a decrease of 1824.78% [1]. - Total expenses (selling, administrative, and financial) amounted to 30.14 million yuan, accounting for 19.96% of revenue, which is an increase of 21.08% year-on-year [1]. - Earnings per share were -0.06 yuan, a significant drop of 1683.78% from 0 yuan in the previous year [1]. Key Financial Changes - The decrease in operating revenue was attributed to the impact of net accounting for certain glass bottle businesses and a decline in export sales [3]. - The management expenses increased by 14.4% due to depreciation and amortization related to the construction project for cosmetic packaging containers not yet in use [3]. - The financial expenses decreased by 67.79% due to a reduction in financing scale and corresponding interest expenses [3]. - The net cash flow from operating activities saw a drastic decline of 297.16%, influenced by increased domestic sales leading to higher output taxes and a reduction in export tax rebates [3]. - The company reported a significant increase in cash and cash equivalents, with a net increase of 326.78% due to the combined effects of cash flows from investment and financing activities [3]. Business Evaluation - The historical return on invested capital (ROIC) since the company's listing has been relatively low, with a median ROIC of 6.92% and a particularly poor performance in 2022, where ROIC was -3.09% [4]. - The company has experienced three years of losses since its listing, indicating a fragile business model and challenges in maintaining profitability [4].

Core Viewpoint - Zhejiang Jinsong New Materials Co., Ltd. is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure regulations, leading to a significant drop in its stock price and market capitalization [1][2]. Group 1: Investigation and Market Reaction - On June 27, the company received a notice from the CSRC regarding the investigation, which resulted in a 20.02% decline in its stock price, closing at 13.18 yuan per share and a market value of 1.977 billion yuan on June 30 [1]. - The company acknowledged that the investigation is related to previously recognized related party transactions [1]. Group 2: Related Party Transactions - The company announced a related party transaction involving a construction contract with Zhejiang Hongxiang Construction Engineering Co., Ltd., initially valued at 118 million yuan, which was later increased to 150 million yuan due to changes in project scope [2]. - The project, aimed at producing 60 million cosmetic packaging containers annually, was a modification of a previous IPO fundraising project [2]. - The company stated that the pricing of the contract was reviewed for fairness by a third-party institution, although it did not disclose the subcontracting price to the actual contractor [2]. Group 3: Legal and Compliance Implications - Legal experts indicated that if the CSRC confirms the violations, the company could face penalties ranging from 1 million to 10 million yuan, and responsible personnel could also be fined [3]. - The delay in recognizing the related party transaction suggests systemic failures in the company's internal control mechanisms, which could harm both the company and its shareholders [3]. Group 4: Project Viability Concerns - The company faced inquiries from the Shenzhen Stock Exchange regarding the viability of its projects, particularly the underperforming "annual production of 4.5 million sets of cosmetic packaging containers" project, which reported losses from 2021 to 2023 [4]. - In response, the company claimed that the feasibility of the new project had been thoroughly evaluated and that it was taking measures to expand its market [4][5].