达实智能控股股东股份质押公告详解
2026年5月18日，深圳达实智能股份有限公司（证券代码：002421，简称“达实智能”）发布公告，披露控股股东昌都市达实企业管理（集团）有限公司（简称“昌都达实”）最新股份质押情况。以下为本次公告的详细解读，为投资者提供重要的决策参考：
一、股份质押的核心内容
- 质押主体：控股股东昌都达实，将所持有的27,000,000股达实智能股份进行质押。
- 质押比例：本次质押股份占昌都达实所持股份的9.96%，占公司总股本的1.27%。
- 质押期限：质押起始日为2026年5月15日，到期日为2028年5月21日。
- 质权人：渤海国际信托股份有限公司。
- 质押用途：本次质押股份的用途为偿还债务，不涉及上市公司生产经营相关需求。
- 是否为限售股：否。
- 是否为补充质押：否。
二、控股股东及一致行动人股份质押情况
- 股份累计质押：
- 昌都达实持股：270,966,881股（占公司总股本12.78%）
- 本次质押后，昌都达实累计质押股份为47,010,000股，占其持股比例17.35%、占公司总股本2.22%。
- 一致行动人刘磅持股：91,242,910股（占公司总股本4.30%），已累计质押55,710,000股，占其持股比例高达61.06%、占公司总股本2.63%。
- 二者合计持股362,209,791股（占公司总股本17.08%），累计质押股份达102,720,000股，占持股比例28.36%、占公司总股本4.84%。
- 未来半年内到期的质押股份：71,920,000股，占所持股份比例19.86%，占公司总股本3.39%，对应融资余额8,000万元。
- 未来一年内到期的质押股份：75,720,000股，占所持股份比例20.91%，占公司总股本3.57%，对应融资余额9,000万元。
- 资金偿付能力：控股股东表示将通过自有资金、投资分红、资产处置及其他收入等多元化方式偿还相关融资，具备足够偿付能力。
- 股份质押用途：本次股份质押不涉及公司生产经营及重大资产重组，也无业绩补偿义务。
三、股东诚信与公司治理影响
- 股东及一致行动人不存在非经营性资金占用、违规担保等侵害上市公司利益的情况。
- 本次质押事项对上市公司生产经营、公司治理等不产生影响。
- 公告明确指出，质押股份未涉及限售和冻结，亦无业绩补偿义务。
四、投资者须知及可能影响股价的要素
- 高比例质押风险：控股股东及一致行动人累计质押股数超过持股的四分之一（28.36%），且刘磅个人质押比例高达61.06%。若未来股价波动或质押风险释放，可能对市场信心造成冲击。
- 融资偿还压力：未来一年内到期的质押对应9,000万元融资，若控股股东无法按期偿还，有平仓风险，需持续关注其偿付能力。
- 未影响公司经营：本次质押资金未用于公司经营，且未造成不合规事项，短期内对公司经营业绩无直接影响。
- 潜在价格敏感性：如控股股东或一致行动人出现偿还能力问题，或质押股份被强制处置，可能对公司股价造成显著压力。
五、备查文件
- 中国证券登记结算有限责任公司股份冻结明细。
免责声明
本文内容仅供投资者参考，不构成任何投资建议。投资者应结合自身风险承受能力和市场环境，审慎决策。公司控股股东质押股份事项存在一定的市场和偿还风险，需持续关注相关方的履约能力及质押变化情况。
English Version
In-depth Report: Pledge of Shares by Das Intellisec’s Controlling Shareholder
On May 18, 2026, Shenzhen Das Intellisec Co., Ltd. (Stock Code: 002421, “Das Intellisec”) released an announcement regarding the latest share pledge by its controlling shareholder, Chamdo Das Enterprise Management (Group) Co., Ltd. (“Chamdo Das”). The following is a detailed breakdown of the announcement, with key points for investors:
1. Key Details of the Share Pledge
- Pledger: Controlling shareholder Chamdo Das has pledged 27,000,000 shares of Das Intellisec.
- Pledge Proportion: This pledge accounts for 9.96% of Chamdo Das’s holdings and 1.27% of the company’s total share capital.
- Pledge Period: Starting May 15, 2026, expiring May 21, 2028.
- Pledgee: Bohai International Trust Co., Ltd.
- Pledge Purpose: For repaying debts, not for company operations.
- Are they restricted shares? No.
- Supplemental pledge? No.
2. Controlling Shareholder and Concerted Action Persons’ Pledges
- Accumulated Pledges:
- Chamdo Das holds 270,966,881 shares (12.78% of total share capital).
- After this pledge, Chamdo Das has cumulatively pledged 47,010,000 shares (17.35% of its holdings, 2.22% of total share capital).
- Concerted actor Liu Bang holds 91,242,910 shares (4.30% of total share capital), with 55,710,000 shares (61.06% of his holding, 2.63% of total share capital) already pledged.
- Together, they hold 362,209,791 shares (17.08% of total), and have pledged 102,720,000 shares (28.36% of their holdings, 4.84% of total share capital).
- Pledges Expiring in Next 6 Months: 71,920,000 shares (19.86% of holdings, 3.39% of total share capital), corresponding to RMB 80m in financing.
- Pledges Expiring in Next 12 Months: 75,720,000 shares (20.91% of holdings, 3.57% of total share capital), corresponding to RMB 90m in financing.
- Funding Ability: The controlling shareholder claims multiple sources to repay (own funds, dividends, asset disposal, other income) and sufficient repayment ability.
- Pledge Usage: The pledged shares are not involved in operations, major asset restructuring, or performance compensation obligations.
3. Shareholder Integrity and Corporate Governance Impact
- There is no non-operational fund occupation or illegal guarantees harming listed company interests.
- This pledge event will not affect company operations or governance.
- No pledged shares are restricted or frozen; there are no performance compensation obligations.
4. Investor Focus and Potential Share Price Impact
- High Pledge Ratio Risk: The controlling shareholder and concerted actor have pledged over a quarter of their holdings (28.36%), with Liu Bang’s personal pledge ratio as high as 61.06%. If the share price drops or risks are triggered, investor sentiment could be impacted.
- Repayment Pressure: Pledges expiring within a year correspond to RMB 90m in financing. Failure to repay could cause forced selling, requiring close monitoring of repayment ability.
- No Operational Impact: The pledged funds are not used for business, and no compliance issues have arisen, so there is no direct short-term operational impact.
- Potential Price Sensitivity: If repayment issues arise or pledges are forcibly disposed of, the share price could face significant downward pressure.
5. Reference Files
- Share freeze details from China Securities Depository and Clearing Corporation.
Disclaimer
This article is for reference only and does not constitute investment advice. Investors should make prudent decisions based on their risk tolerance and market conditions. The controlling shareholder’s share pledge entails certain market and repayment risks; ongoing attention to their performance and pledge status is advised.
