1月9日晚间，中国武夷公告称，公司就与南安市泛家开发建设有限公司（简称"泛家建设"或"被申请人"）的合同纠纷正式向福州仲裁委员会提起仲裁，并 已收到立案受理通知书 ，涉案金额约2.16亿元。 据公告，2019年12月16日，中国武夷与泛家建设签订《合作开发协议》，共同出资10000万元设立南安武夷泛家置业有限责任公司（简称"南安武夷"）合 作开发"南安武夷时代天越"房地产项目。中国武夷持有南安武夷65%股份，泛家建设持有南安武夷35%股份。 《合作开发协议》约定，项目开发资金优先通过项目公司融资解决，融资不足部分由双方按股权比例提供股东借款，借款年利率为10%；若一方未能按约 定比例足额出资，另一方若同意代为垫付，垫付款项按年利率10%计收利息，且未出资方需以其持有的项目公司股权及相关债权提供质押担保。 截至1月9日收盘，中国武夷报3.85元/股，公司总市值60.47亿元。 商报君送福利 看推文多多留言 有机会获商报君送出的礼品 自2023年起，泛家建设多次未能按约定比例提供股东借款，中国武夷已依约为其垫付多笔款项。此外，协议约定，项目公司对外融资时，若泛家建设无法 按其股权比例向金融机构提供有效担保，则应由 ...

Core Viewpoint - China Wuyi, a large state-owned enterprise, operates in real estate development and international engineering contracting, with unique advantages in overseas markets [1] Group 1: Business Performance - As of Q3 2025, China Wuyi reported revenue of 2.351 billion yuan, ranking 30th in the industry, significantly lower than the top players Poly Developments (173.722 billion yuan) and Vanke A (161.388 billion yuan) [2] - The company's net profit was -168 million yuan, placing it 52nd in the industry, far behind Poly Developments (6.515 billion yuan) and *ST Zhongdi (4.586 billion yuan) [2] - The main business composition includes commercial trade (617 million yuan, 39%), construction products (517 million yuan, 32.67%), and real estate development products (382 million yuan, 24.16%) [2] Group 2: Financial Ratios - As of Q3 2025, the asset-liability ratio was 76.80%, up from 74.56% year-on-year, exceeding the industry average of 60.51%, indicating significant debt pressure [3] - The gross profit margin was 8.93%, down from 29.88% year-on-year and below the industry average of 19.19%, suggesting a need for improvement in profitability [3] Group 3: Executive Compensation - Chairman Zheng Jingchang's salary for 2024 was 760,400 yuan, an increase of 68,800 yuan from 2023 [4] - General Manager Chen Ping's salary for 2024 was 975,000 yuan, up by 457,600 yuan from 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 10.47% to 36,900 [5] - The average number of circulating A-shares held per shareholder increased by 11.69% to 42,600 [5] - Hong Kong Central Clearing Limited was the third-largest circulating shareholder, holding 20.4017 million shares, an increase of 14.4637 million shares from the previous period [5]