煌上煌控股股东一致行动人减持股份计划完成，股权比例降至63.3%
重要信息摘要
- 减持主体：控股股东一致行动人新余煌上煌投资管理中心（有限合伙）
- 减持规模：累计减持16,786,000股，占公司总股本3%
- 减持方式：集中竞价交易及大宗交易
- 减持时间：2026年4月30日至2026年5月13日
- 减持后持股：控股股东及一致行动人合计持股由65.00%降至63.30%
- 公司控制权：未发生变化，实际控制人未变
- 重要影响：本次权益变动不会影响公司治理结构及持续经营，但大比例减持可能对公司股价带来情绪影响
详细情况解读
减持背景及计划
江西煌上煌集团食品股份有限公司（证券简称：煌上煌，证券代码：002695）于2026年4月8日发布预披露公告，控股股东一致行动人新余煌上煌投资管理中心（有限合伙）计划在2026年4月30日至2026年7月29日之间，通过集中竞价和大宗交易方式减持不超过16,786,000股（占总股本3%），其中大宗交易不超过11,191,000股（2%），集中竞价不超过5,595,000股（1%）。
实际减持执行与过程
- 2026年4月30日，通过集中竞价减持5,595,000股，减持均价12.43元/股，占总股本1.00%。
- 2026年5月7日，通过大宗交易减持1,681,900股，减持均价11.80元/股，占总股本0.30%。
- 2026年5月13日，再次通过大宗交易减持9,509,100股，减持均价11.80元/股，占总股本1.70%。
- 至此，累计减持16,786,000股，占总股本3%，本次减持计划已全部完成。
减持前后持股结构变动
| 股东名称 | 减持前持股数（股） | 减持前持股占比（%） | 减持后持股数（股） | 减持后持股占比（%） |
|---|---|---|---|---|
| 新余煌上煌投资管理中心（有限合伙） | 111,007,654 | 19.84 | 94,221,654 | 16.84 |
| 煌上煌集团有限公司 | 197,952,000 | 35.37 | 197,952,000 | 35.37 |
| 褚浚 | 16,544,000 | 2.96 | 16,544,000 | 2.96 |
| 褚剑 | 16,544,000 | 2.96 | 16,544,000 | 2.96 |
| 褚建庚 | 28,960,000 | 5.18 | 28,960,000 | 5.18 |
| 合计 | 371,007,654 | 66.3 | 354,221,654 | 63.3 |
对投资者的影响及需关注事项
- 减持比例较高：本次一致行动人合计减持股份占总股本3%，为显著规模，可能对市场情绪及股价造成阶段性压力。
- 公司控制权未变：减持后控股股东及一致行动人仍持有63.3%的股份，公司实际控制人未发生变化，治理结构稳定。
- 减持原因：公告称为资金需求，未透露具体用途。
- 合规性：本次减持行为符合相关法律法规及深圳证券交易所规则，未违反信息披露或减持承诺。
- 未来潜在影响：如后续一致行动人继续减持，或资金需求原因进一步披露，仍可能影响投资者预期及公司估值。
结论
本次控股股东一致行动人大比例减持股份，虽然未改变公司实际控制人及治理结构，但减持规模达到3%，成为公司股权结构和市场关注的重大事件。投资者需关注未来相关股东是否有进一步减持计划及资金用途公开情况。
免责声明
本文基于公开披露信息整理，仅供投资者参考，不构成任何投资建议。投资有风险，入市需谨慎。
English Version
Huangshanghuang: Major Shareholder’s Share Reduction Plan Completed, Shareholding Drops to 63.3%
Key Highlights
- Party Involved: Controlling shareholder’s concerted actor Xinyu Huangshanghuang Investment Management Center (Limited Partnership)
- Reduction Scale: A total of 16,786,000 shares reduced, accounting for 3% of the company’s total equity
- Methods: Centralized auction and block trading
- Period: April 30, 2026, to May 13, 2026
- Post-Reduction Shareholding: Controlling shareholder and concerted actors’ aggregate shareholding drops from 65.00% to 63.30%
- Control of the Company: No change in actual controller or company control
- Market Impact: While governance and operations remain unaffected, the large reduction may exert pressure on share price
Detailed Analysis
Background and Plan
Jiangxi Huangshanghuang Group Food Co., Ltd. (Stock Name: Huangshanghuang, Stock Code: 002695) announced on April 8, 2026, that its controlling shareholder’s concerted actor, Xinyu Huangshanghuang Investment Management Center (Limited Partnership), planned to reduce holdings by no more than 16,786,000 shares (3% of total equity) via centralized auction and block trading between April 30 and July 29, 2026. Block trading was limited to 11,191,000 shares (2%), and centralized auction to 5,595,000 shares (1%).
Execution Details
- On April 30, 2026, reduced 5,595,000 shares by centralized auction at an average price of RMB 12.43/share (1% of total equity).
- On May 7, 2026, reduced 1,681,900 shares via block trading at an average price of RMB 11.80/share (0.30% of total equity).
- On May 13, 2026, further reduced 9,509,100 shares via block trading at an average price of RMB 11.80/share (1.70% of total equity).
- Total reduction reached 16,786,000 shares, or 3% of total equity, and the plan is now complete.
Shareholding Changes Before and After
| Shareholder | Pre-Reduction Shares | Pre-Reduction % | Post-Reduction Shares | Post-Reduction % |
|---|---|---|---|---|
| Xinyu Huangshanghuang Investment Management Center (LP) | 111,007,654 | 19.84 | 94,221,654 | 16.84 |
| Huangshanghuang Group Co., Ltd. | 197,952,000 | 35.37 | 197,952,000 | 35.37 |
| Chu Jun | 16,544,000 | 2.96 | 16,544,000 | 2.96 |
| Chu Jian | 16,544,000 | 2.96 | 16,544,000 | 2.96 |
| Chu Jiangeng | 28,960,000 | 5.18 | 28,960,000 | 5.18 |
| Total | 371,007,654 | 66.3 | 354,221,654 | 63.3 |
Investor Impact and Key Concerns
- Substantial Reduction: The 3% equity reduction by major shareholders is significant and may put short-term pressure on the share price.
- Control Unchanged: The controlling shareholder and concerted actors still hold 63.3% of shares, with no change in actual control or governance.
- Reason for Sale: Officially for funding needs, but no further details disclosed.
- Compliance: The reduction complies with all relevant laws and exchange rules, with no breach of prior commitments.
- Potential Future Impact: Any further reductions or disclosure of funding uses may affect investor expectations and company valuation.
Conclusion
The large-scale reduction by the controlling shareholder’s concerted actor, while not altering the company’s actual control or governance, is a noteworthy event for shareholders and the market. Investors should remain alert to any subsequent reduction plans or disclosures regarding the use of funds.
Disclaimer
This article is based on public disclosures for reference only and does not constitute investment advice. Investment involves risk. Please invest cautiously.
