wen | yemacaijing feilin yuxing

bianjishuwulijuan 

shangbannian，laobanzaigongsishangshizhichutoutoulihunyishibeipuguang，erhouyoubeiguojiadianwang“lahei”2nian。fengbobuduandedingxintongxun(603421.sh)，rujinzaiyinlaobanqianqizhuitaogufenerbeishouguanzhu。

9yue26ri，dingxintongxunfabugonggao，chengshoudaokonggugudong、shijikongzhirenwangjianhuatongzhi，qiqianqizhangqijiangqisuzhifayuan，yaoqiujiechuqianqilihunxieyizhongyuedingdegufendaichixieyi，bingquerengaigufenyouzhangqisuoyou，shejidegufenda4613.24wangu。

yidingxintongxundangri5.78yuan/gugusuan，gaigufenduiyingdegufenshizhiwei2.67yiyuan。

lingjuwindshuju，wangjianhuachiyoudingxintongxun1.52yigu，chigubilida23.28%。zheiciyuqianqijiufenshejidegufenzhanwangjianhuasuochigufenbiliwei30.38%，zhanzonggubenbiliwei7.07%。

图源：公告

shishishang，8yue30ri，dingxintongxunjiucenggonggaobiaoshiwangjianhuasuochiyoude4613.24wangugufenbeibeijingshixichengqurenminfayuansifadongjie，dongjieyuanyinshilihunfenpeixieyisuochanshengdeminshicaichanjiufen。

erliangrenqishizaozai2017nian1yuejiuyiqianshu《lihunxieyishu》。bishi，dingxintongxunganggangshangshi3geyue。danshiwangjianhuadangshibingweitongzhidongshihuibinglvxinggonggaoyiwu，yejiushishuowangjianhualihunyishiyinmanle7nianzhijiu。

xueshangjiashuangdeshi，yinshexianweiguibeiguojiadianwangqidong“rongduanjizhi”，dingxintongxunxianhoubeiguowanghubeiheguojiadianwang“lahei”2nian。

jiezhi9yue30ri，dingxuntongxungujiabaoshou6.33yuan/gu，julishangshichude41.95yuan/gu，yidiechao8cheng，zuixinzongshizhi41yiyuan。

beiguojiadianwanglahei，dingxintongxunyejijianghuishoudaobuxiaoyingxiang，ershikongrenlihunjiufenzheimei“anlei”youhuiruheyingxiangdingxintongxunni？

实控人7年前偷偷离婚分割股权

dingxintongxunshizai2016nian10yue11riyushangjiaosuoguapaishangshi，meigufaxingjia14.02yuan/gu。shangshiyigeyuehou，gongsigujiayidumodao41.95yuan/gudegaodian，zongshizhichao181yiyuan。

ranergongsiganggangshangshisangeyue，laobanwangjianhuadehunyinjiuliangqilehongdeng。2017nian1yue24ri，wangjianhuayuqizizhangqiqianshule《lihunxieyishu》，shuangfangjiuxiangguanzichanyijiwangjianhuamingxiagongsigufendengcaichanjinxingfenpei，bingjiuxiangguanbuchangshiyijinxingleyueding。

dangshiwangjianhuazhijiechiyougongsi25.03%deguquan，shidingxintongxundekonggugudongheshijikongzhiren。erzhangqibingweizaigongsichiguherenzhi。

anzhao《lihunxieyishu》yueding，zhangqifenzoulewangjianhua30.38%deguquan，heji3295.17wangu（2019nian，dingxintongxunzai10zhuanzeng4guhou，gaidaichigufenyebiangengwei4613.24wangu），zhangongsidangshizonggubende7.6%。erlihunxieyiqianshudangtiandingxintongxungongsishoupanjiawei22.44yuan/gu，zongshizhi97.25yiyuan。yejiushishuo，zhangqifendedegufenduiyingdangtianshoupanjia，jiazhi7.39yiyuan。

buguozhenduizheibufenguquanwangjianhuayuzhangqidangshibingmeiyoubanligengmingshouxu，ershirengyouwangjianhuachiyou，qieshuangfangyueding，zhangqiweituowangjianhuadaiweixingshigaibufengufendequanbugudongquanli，weituoqixianwei15nian。tongshi，wangjianhuachengnuozai2025nianniannei，xiangzhangqizhifu1yiyuanrenminbidexianjinhuodengjiazhigufenbuchang。

eryishangguanyugongsiguquandefenpei，wangjianhuayizhiduigongsiyinman，dingxintongxunyebucengpiluguo。

meicengxiang，dingxintongxunshangshijidianfeng，cihougujiayiluxiahua。

gongsishizhisuoshuidetongshi，laobanchengnuoqianqide1yiyuanbuchangyechuxianlezhengyi。yushi2022nian，qianqizhangqijiangwangjianhuagaoshangfating，yaoqiuqizhifuqixianjinbuchangkuan1yiyuanjilixi385wanyuan，yijishuyuzhangqigufenduonianfenhongjilixiyue1128wanyuan。

anjianmuqianhaizaishenliguochengzhong，erzhei1yiyuanduiyingdewangjianhuachiyoudegongsi2.16%gufenbeidongjie。zheichangbeiyinmanle7niandelihunjicaichanfenpeishijiancaibeipuguang。

duiyuweijishipilushikongrenlihunbingfengeguquandexinxi，dingxintongxunbiaoshi，zheishilaobanchuyubaozhanggongsishengchanjingyingdewendingxingdekaolv，yuqianqizuolegufendaichideyueding，erqiewangjianhuazai《lihunxieyishu》qianshushiweitongzhidongshihui，zheizhuyaoyoushiyinweiwangjianhuaduixiangguanfaguixuexilijiebudaowei。

danzhidezhuyideshi，zai3yue22ri，wangjianhuagufenbeidongjieergongsicaifagonggaopilushi，dingxintongxunyiranzhiziweitiguanyushangshigongsiguquanbeifengedeshiqing，zhishuoshiyinwei“minshicaichanjiufen”。erjugongsihoulaijieshi，jinnian3yuedeshihoudongmihaijiucishitediwenguoshikongrenwangjianhua，buguotadangshibiaoshilihunfenpeixieyibushejishangshigongsiguquan，zhishejicaichanbuchang。

erzaishangjiaosuodejinyibuwenxunzhixia，gongsishikongrenguquanzai7nianqianjiubeifengedeshiqing，caibeitouzizhezhixi。

beijingshizelvshishiwusuozhurenzangxiaolilvshizhichu，chiyougongsi5%yishanggufendegudonghuozheshijikongzhirenchiyougufenhuozhekongzhigongsideqingkuangfashengjiaodabianhua，yingdangjishijiangqizhixideyouguanqingkuangshumiangaozhigongsi，bingpeihegongsilvxingxinxipiluyiwu。

yinciwangjianhua“ziyiwei”tiqianqidaichijiukeyiyinmanerrenfengegongsiguquandeshixiang，shishuyuxinpiweigui。

kuangqiedangniande7.39yiyuanguquan，ruoanjinelaisuan，duiyingrujingongsizonggubende17.93%。ercongqianqijiangwangjianhuagaoshangfatingyaoqiandexingweilaikan，zheiduiliyifuqizhijianbingmeiyouduifengecaichandachengwanquandegongshi。rujinjinyin1yiyuandebuchangjiuzaochengshikongren2.16%gufenbeidongjie，cengjingdeguquanfengeshifouhuiduidingxintongxundekongzhiquanchanshengweixie？

jugongsihuifutouzizhecheng，yuanxieyicunzaiyidingdexiaci，shikongrenmuqianhaiyuqianqizaixieshangguochengzhong。qiegenjulihunxieyi，guquanfengeduiqidebushixianjinzhi，ershiguquanshuliang。yincishuangfangdelihunjiufenbuhuiduigongsikongzhiquanjimuqiangongsidezhengchangshengchanjingyingchanshengzhongdabuliyingxiang。

erduiyuciciwangjianhuabeiqianqiqisu，yaoqiuqiguihaidaichide4613.24wangugufen。dingxintongxunbiaoshi，yingaianjianweikaiting，wufapanduansusongjieguojiduigongsibenqijiqihousunyideyingxiang，konggugudong、shijikongzhirenquanyishifoufashengbiandongcunzaibuquedingxing。

因信披不及时老板被罚100万

buzhilaobanlihunyishiweijishipilu，jinnian2yueguojiadianwangduidingxintongxunquanbucaigoupinleiqidongzhaobiaocaigou“rongduanjizhi”，dingxintongxinyeqiaoqiaomanleyigeduoyue，dangrangongsiyeweicimailedan。

qunian12yue27ri，hubeishengjingmenshideyiqishouhuianpanjuejieguochulu，fayuanpanjuecengdanrenguowanghubeishengdianliyouxiangongsiwuhangongdiangongsibanzhangdelimouhua，liyongbenrenzhiquanhuodiweixingchengdebianli，tongguoqitaguojiagongzuorenyuanzhiwushangdexingwei，zaiwuhangongdiangongsixiangguanxiangmudezhaotoubiaoguochengzhongweitarenmouqubuzhengdangliyi，feifashoushoutarensuosongcaiwugongjirenminbi689.7wanyuan。qizhongbaokuoqingdaomoushangshigongsijinglisongde185wan。

dangshijiuyoutouzizhecaice，zheiqingdaomougongsi，buhuijiushidingxintongxunba？

buguodingxintongxunyizhimeiyouduicishizuochuhuiying。2024nian2yue27ri，dingxintongxunshoudaoguojiadianwangdetongzhi，neirongshi“genjuguowanggongsiyuqingjiancejieguo，guigongsikenengcunzaixiangguowanggongsixitongrenyuanxinghuideqingkuang。anzhaoxiangguanguiding，2024 nian 2 yue 18 riqiduidingxintongxunquanbucaigoupinleiqidongzhaobiaocaigou‘rongduanjizhi’（jicaiqudezantingjiaoyicuoshi）”。

guojiadianwangshidingxintongxundezhongyaodakehu，ranerzaibeikehutongzhiqidongzhaobiaocaigou“rongduanjizhi”hou，dingxintongxunyiranrenzhemeishuo。zhiyuyuanyin，dingxintongxunbiaoshi，gongsishoudaotongzhihoudiyishijiantongzhidaogongsidongshizhangwangjianhua、zongjinglicengfanyi、dongshihuimishugejunhefuzongjingliyuanzhishuang，buguozheixiezerenrenjingguotaolunhefenxihouchuburenweigongsibucunzaiyuqingzhongtidaodexinghuiwenti，neishiqianyuangongdegerenxingwei，bingfeigongsishouyi，gongsizhishoudaolediaochatongzhierbushichufatongzhi，erqieyuji“rongduanjizhi”duigongsi2024niandiyijidudezhongbiaojineyingxiangjiaoxiao。

judingxintongxunhuifushangjiaosuowenxunhanxianshi，zongheyishangyuanyin，xiangguanzerenrenzuihoujuedingbupilubeiguojiadianwangqidong“rongduanjizhi”deshile。

buguo，dingxintongxunxinpibujishidexingwei，henkuaishoudaolejianguanchufa。5yue8riqingdaojianguanjuxiangdingxintongxunxiadale《xingzhengchufajuedingshu》。youyuweijishipiluguojiadianwangduiqiqidongdezhaobiaocaigou“rongduanjizhi”，yijiweijishipilugongsikonggugudongwangjianhuayuqianqizhangqijiulihunshiyiyuedingdegufenchufenshiyi，dingxintongxunbeijinggaobingfakuan70wanyuan，wangjianhuabeifa100wanyuan，qitaxiangguanzerenrenhejibeifa105wanyuan。

jinjiezhe，guojiadianwangdediaochajieguochulu。dingxintongxun6yue5rigonggaocheng，yu5yue7rihe6yue3rifenbieshoudaoguowanghubeiheguojiadianwangfabude《guanyugongyingshangbuliangxingweichuliqingkuangdetongbao》，tongbaozhichu，dingxintongxunsuoyoupinleizaihubeishengdejizhongguimozhaobiaojisuoyoupinleizaiguojiadianwangxitongzhaobiaocaigouzhong，fenbiebeiguowanghubei、guojiadianwanglahei2nian。

被国网“拉黑”2年，营收要降33亿

dingxintongxunzhuyaocongshidianli、xiaofangdianzibaojingdenglingyuzhinengchanpindeyanfa、shengchan、xiaoshouhejishufuwu。gongsizhangqizhuanzhuyudiyadianlixianzaibotongxinhezongxiantongxinjishudejichulilunyanjiu、yingyongchanpinkaifahebiaozhunzhiding，weikehutigongyiliudezhongduanchanpinhefuwu，yichengweidianlizaibotongxinhexiaofangdianzibaojinglingyuzhimingdegaoxinjishuqiye。

dingxintongxunzai2022nianhe2023nianfenbiezaiguojiadianwangzhongbiaojinedadao16.7yiyuanhe16.09yiyuan。qizhonggongsi2022nianyingyeshouruzhongcongguojiadianwangqudeyuewei14.5yiyuan，zhandangnianyingyeshourude47%；2023nianyingyeshouruzhongcongguojiadianwangqudeyuewei17yiyuan，zhandangnianyingyeshourude47%。

3yue29ri，dingxintongxunfabufengxiantishigonggaoshibiaoshi，gongsishexianweiguideshiguojiadianwanghaizaidiaochazhong，suoyiguojiadianwangzhongbiaojingyingheduigongsiyejideyingxiangcunzaijiaodabuquedingxing。

erzaifengxiantishigonggaohoudiyigejiaoyiri，dingxintongxungujiayinglaidieting。jiezhi4yue10ri，6gejiaoyiridie22.36%。

yejiyalixia，dingxintongxunbiaoshi，zhengzainulikaituofeiguowangshichang，yanfaxinchanpin，jinjunxinlingyu。tongshizaizhenggegongsicengmianjiangbenzengxiao，kongzhizhichu，bingbiaoshirongduanshijiandaiding。

ranersangeyuehou，dingxintongxunjiushoudaobeiguojiadianwanglahei2niandeehao，tanji“lahei”duigongsideyingxiang，dingxintongxunbiaoshi，guojiadianwangdechufahuizaiweilai4-5nianneidaozhigongsiyingshouhejixiajiangyue33yiyuan，zai2024nianjianshaoyue5.5yiyuan，2025nianjianshaoyue14.2yiyuan，2026nianjianshaoyue9.8yiyuan。

buguodingxintongxuntongshibiaoshijiangtongguojijikaituoxinshichang、yanfaxinchanpin、jiangbenzengxiaodengfangshi，jiangdi“lahei”shijianduigongsishouruhelirundeyingxiang。

zhidezhuyideshi，7yue29ri，gongsiyouchengshoudaozhongguonanfangdianwangdeheimingdanyujing，yujingqixianhezuizhongchulijieguozanbuqueding。

ju“meijingpinglunyuan”jiayunkefenxicheng，gongsikonggugudong、shijikongzhirenwangjianhuayinlihunhoucaichanjiufenbeiqisu，cicishijiandebaofabujinjiajuledingxintongxundeneibuzhilifengxian，yejieshilegongsizaixinxipilufangmiandezhongdaloudong，dingxintongxunhaimianlinzheguojiadianwangdeheimingdanchufa。zheiyichufajinyibujiazhonglegongsidecaiwuyali。yejixiahuayuzhiliweijijiaozhizaiyiqi，rangdingxintongxundeweilaifazhanchongmanbuquedingxing。

duiyuwangjianhuaweinengjishipilulihunjiguquanfengedexinxi，dingxintongxuncengchengzheishilaoban（wangjianhua）chuyubaozhanggongsishengchanjingyingwendingxingdekaolv。raner，zheizhongliyoubingbuzuyiweiqishizhibianjie，fanerxianshichugongsizhilijiegoudeboruo。qiyeguanlizhedegerenshiwuruguonenggouyingxiangdaogongsi，biranhuiyinfagengguangfandeshichangbuan。

zhongguoqiyezibenlianmengfulishizhangbowenxizebiaoshi，shangshigongsigaoguanzhongshixinxipiludeheguixingshizhiguanzhongyaode，yinweixinpiweiguibujinhuisunhaigongsideshengyuheshichangxinrendu，haikenengdaozhiyanzhongdefalvzerenhejingjisunshi。yinci，shangshigongsigaoguanyinggaiqianghuafalvyishi，yangezunshou《zhengquanfa》he《shangshigongsixinxipiluguanlibanfa》dengxiangguanfalvfagui。gongsiyeyinggaiduidongshi、jianshi、gaojiguanlirenyuanyijixiangguanyuangongjinxingfalvfaguiheyewupeixun，tongshijianlijianquanneibukongzhijizhi，jianlizerenzhuijiujizhi。shangshigongsiyeyingmiqieguanzhushichanghetouzizhedefankui，jishidiaozhenghegaijinxinpigongzuo。

xinpiheguishishangshigongsizhanshiqichengxin、toumingdezhongyaofangshi，shibaohutouzizheliyihejianlitouzizhexinrendezhongyaoshouduan，tongshihainengcujinzibenshichangdejiankangwendingfazhan。