广东明珠集团控股股东及一致行动人股份质押及解除质押公告解读

要点速览

• 控股股东深圳市金信安投资有限公司（以下简称“深圳金信安”）及其一致行动人兴宁市众益福投资有限公司（以下简称“兴宁众益福”）、兴宁市金顺安投资有限公司（以下简称“兴宁金顺安”）合计持有公司34.03%股份。
• 2026年4月14日，深圳金信安质押435万股用于融资，占其持股3.99%，占公司总股本0.63%。
• 2026年4月15日，兴宁众益福解除质押435万股，占其持股10.82%，占公司总股本0.63%。
• 截至公告披露日，控股股东及一致行动人合计质押1.89亿股，占其持股79.92%，占公司总股本27.20%。
• 近期大部分质押将在半年至一年内到期，对应融资余额4.62亿元。
• 深圳金信安部分股份被司法冻结，涉及464.15万股，占其持股4.25%，占公司总股本0.67%。

详细内容解读

广东明珠集团股份有限公司于2026年4月16日发布公告，披露控股股东及其一致行动人近期的股份质押及解除质押情况。以下是公告的详细解读，有助于投资者全面了解事件对公司可能产生的影响。

一、控股股东及一致行动人持股及最新质押、解押动态

截至公告日，深圳金信安持有公司15.72%股份（1.09亿股），兴宁众益福持有5.79%股份（4021.96万股），兴宁金顺安持有12.52%股份（8696.84万股）。三者合计持有34.03%股份（2.36亿股）。

2026年4月14日，深圳金信安将435万股无限售流通股质押给佛山风火轮贸易有限公司，质押期限为2026年4月14日至2026年10月14日，质押用于置换前期借款及日常经营周转。这笔质押占深圳金信安持股3.99%，占公司总股本0.63%。质押已在中国证券登记结算有限责任公司办理相关手续。

2026年4月15日，兴宁众益福解除质押435万股（原质押给骆珈宁），占其持股10.82%，占公司总股本0.63%。解除质押后，兴宁众益福剩余被质押股份2780.2万股，占其持股69.13%，占公司总股本4.00%。

二、控股股东及一致行动人股份质押整体情况

合计：控股股东及一致行动人合计质押188,852,000股，占合计持股79.92%，占公司总股本27.20%。其中，控股股东深圳金信安被司法冻结股份464.15万股，占其持股4.25%，占公司总股本0.67%。

三、质押风险与履约保障

• 深圳金信安承诺如质押证券履约保障比例低于预警线或平仓线，将及时补充担保或提前偿还部分债务。
• 质押股票不涉及重大资产重组业绩补偿等事项的担保。
• 控股股东及一致行动人不存在非经营性资金占用、违规担保、关联交易等侵害上市公司利益情况。

四、后续质押到期及可能影响

• 半年内到期质押1.81亿股，占所持股份76.59%，占公司总股本26.07%，对应融资余额4.355亿元。
• 一年内到期质押1.89亿股，占所持股份79.92%，占公司总股本27.20%，对应融资余额4.615亿元。

公司表示，控股股东及一致行动人的股票质押事项不会对公司生产经营、公司治理、实际控制权、董事会组成、主营业务、融资授信及持续经营能力产生实质性影响；且合计持股比例仍高于公司重大资产重组业绩补偿承诺要求的34%线（新增发行股份稀释除外）。

对投资者的潜在影响及注意事项

• 高比例的股份质押（近80%）及短期大额到期压力，可能引发市场对实控人资金链稳定性的担忧，具有一定的股价风险。
• 部分股份已被司法冻结，若触发司法处置亦可能影响公司控制权稳定性。
• 未来如质押股票价格大幅波动，控股股东存在补充担保、提前还款或被动减持等压力，需密切关注后续信息披露。

结论

本次公告虽然未直接涉及业绩变化、重大资产重组或控制权变更，但控股股东及一致行动人高比例股份质押、较大金额融资及到期压力，以及部分股份已被司法冻结，均属于可能影响公司股价和投资者信心的重大事项。建议投资者高度关注相关风险，并密切跟踪公司后续公告。

免责声明： 本新闻稿仅供参考，不构成任何投资建议。股市有风险，投资需谨慎。请以公司公告及相关法律法规为准。

English Version

Analysis of Guangdong Mingzhu Group’s Share Pledge and Unpledge Disclosure

Key Highlights

• Controlling shareholder Shenzhen Jin Xin An Investment Co., Ltd. (“Shenzhen Jin Xin An”) and its concerted parties, Xingning Jin Shun An Investment Co., Ltd. and Xingning Zhong Yi Fu Investment Co., Ltd., together hold 34.03% of the company’s shares.
• On April 14, 2026, Shenzhen Jin Xin An pledged 4.35 million shares for financing, representing 3.99% of its holdings and 0.63% of the company’s total shares.
• On April 15, 2026, Xingning Zhong Yi Fu released the pledge on 4.35 million shares, accounting for 10.82% of its holding and 0.63% of the company’s total shares.
• As of the disclosure date, the controlling shareholder and concerted parties have pledged a total of 188.85 million shares, accounting for 79.92% of their holdings and 27.20% of the company’s total shares.
• Most pledges are due within 6-12 months, with a financing balance of 461.5 million yuan.
• Shenzhen Jin Xin An has 4.64 million shares frozen by court order, representing 4.25% of its holding and 0.67% of the company’s total shares.

Detailed Analysis

On April 16, 2026, Guangdong Mingzhu Group Co., Ltd. disclosed changes in share pledges and unpledges by its controlling shareholder and concerted parties. Below is a comprehensive analysis for investors.

1. Shareholdings and Latest Pledge/Unpledge Dynamics

As of the disclosure date, Shenzhen Jin Xin An holds 15.72% of the company’s shares (109 million shares), Xingning Zhong Yi Fu holds 5.79% (40.2 million shares), and Xingning Jin Shun An holds 12.52% (86.97 million shares). In total, they own 34.03% (236.32 million shares).

On April 14, 2026, Shenzhen Jin Xin An pledged 4.35 million unrestricted shares to Foshan Fenghuolun Trading Co., Ltd. for financing, from April 14 to October 14, 2026. This pledge serves to replace prior loans and for routine operational turnover. The pledge is registered with CSDC.

On April 15, 2026, Xingning Zhong Yi Fu released the pledge on 4.35 million shares (previously pledged to Luo Jianing), leaving 27.8 million shares still pledged, or 69.13% of its holding, 4.00% of company total shares.

2. Overall Share Pledge Status

In total, the controlling shareholder and concerted parties have pledged 188.85 million shares, accounting for nearly 80% of their combined holdings and 27.20% of total company shares. 4.64 million shares of Shenzhen Jin Xin An are judicially frozen, representing 4.25% of its holding and 0.67% of total shares.

3. Pledge Risk & Performance Guarantee

• Shenzhen Jin Xin An commits to provide additional collateral or repay part of the debt early if the pledge’s performance guarantee ratio falls below the warning/liquidation line.
• Pledged shares are not used as collateral for major asset restructuring performance compensation.
• No non-operating fund occupation, illegal guarantees, or related-party transactions harming the company’s interests exist.

4. Maturities & Potential Impact

• Pledges totaling 181 million shares (76.59% of their holdings, 26.07% of total shares) will mature within 6 months, with a financing balance of 435.5 million yuan.
• Pledges totaling 188.85 million shares (79.92% of their holdings, 27.20% of total shares) will mature within 12 months, with a financing balance of 461.5 million yuan.

The company states that these pledge matters will not materially affect its operation, governance, control rights, board composition, core business, financing, or sustainability; aggregate holdings remain above the 34% performance commitment threshold (excluding dilution from new share issues).

Potential Impacts for Investors

• The high proportion of pledged shares (nearly 80%) and significant near-term maturities may spark market concerns about the controlling party’s financial stability, representing downside risk to the share price.
• Some shares are already judicially frozen; forced disposal could impact control stability.
• Should the share price fall substantially, the controlling party could face pressure for additional collateral, early repayment, or forced selling—investors should monitor further disclosures.

Conclusion

While this disclosure does not directly concern earnings, restructuring, or changes of control, the high ratio of pledged shares, large short-term maturities, and judicial freezing are all important events that could affect share price and investor sentiment. Investors are advised to pay close attention to related risks and subsequent announcements.

Disclaimer: This news article is for reference only and does not constitute investment advice. Stock market investments involve risk. Please refer to official filings and applicable laws.

View 广东明珠 Historical chart here