同方股份终止深圳中核集团管理协议，管理权归还中国宝原——投资者需关注的核心要点
要点摘要
- 同方股份与中国宝原签署《委托管理协议之终止协议暨管理关系移交协议》，管理权自2026年5月29日起归还中国宝原。
- 原委托管理期限为三年，年度管理费用为40万元（含税）。本次终止后，费用按实际管理期限结算。
- 公司声明本次协议终止不会对公司正常经营、财务状况和经营成果造成重大不利影响。
- 公告中无涉及资产、利润或现金流大规模变动，亦未提及其他需特别警示的风险事项。
事件详情
近日，同方股份有限公司（600100）发布公告，正式与关联方中国宝原投资有限公司签署了《委托管理协议之终止协议暨管理关系移交协议》。根据公告内容，双方原定于2024年7月26日签署的《关于深圳中核集团有限公司委托管理协议》将提前终止。这份协议原本约定中国宝原将其全资子公司深圳中核集团有限公司的部分股东权利及经营管理权委托给同方股份行使，托管期限为三年，年度管理费用为40万元（含税）。
然而，因客观情况发生变化，双方现同意，自2026年5月29日起解除该委托管理关系，同方股份将深圳中核集团的管理关系正式移交回中国宝原。同时，双方将根据实际托管期限结算管理费用。
对公司的影响及投资者需关注事项
- 影响有限：公告明确指出，管理协议的终止不会对同方股份的正常经营活动产生不利影响，也不会对未来的财务状况和经营成果造成重大不利影响。
- 无重大价格敏感事项：目前公告未披露涉及大额资产变动、利润影响或潜在重大风险事件，因此短期内对公司股价影响有限。
- 管理权变动：深圳中核集团的实际管理权将回归中国宝原，未来若相关公司有进一步合作或资本运作，投资者需持续关注后续公告。
- 关联交易信息透明：作为上市公司重大关联交易事项的进展披露，展示了公司良好的治理和信息披露合规性，有助于维护中小股东利益。
总结
本次委托管理协议的终止及管理权的移交，是公司管理层根据客观情况及时调整管理策略的体现。虽然对公司当前及未来的经营和财务状况没有重大不利影响，但作为涉及关联方的重要管理权交接事项，投资者仍需关注后续同方股份及深圳中核集团的业务动态。
免责声明：本文内容仅供参考，不构成任何投资建议。投资者据此操作，风险自负。
English Version
Tsinghua Tongfang Terminates Management Entrustment of Shenzhen CNNC Group — Key Points for Investors
Summary of Key Points
- Tongfang Co., Ltd. and China Baoyuan Investment Co., Ltd. have signed an agreement to terminate the management entrustment for Shenzhen CNNC Group, with management rights returning to China Baoyuan as of May 29, 2026.
- The original entrustment period was three years with an annual fee of RMB 400,000 (tax included). After termination, fees will be settled based on the actual period managed.
- The company states that this termination will not have any adverse impact on its normal operations, financial position, or business results.
- No significant changes to assets, profits, or cash flows are disclosed, nor any other material risk factors warned.
Event Details
Recently, Tsinghua Tongfang Co., Ltd. (600100) announced the signing of an agreement with its related party, China Baoyuan Investment Co., Ltd., to terminate the “Entrusted Management Agreement” of Shenzhen CNNC Group. The original agreement, signed on July 26, 2024, stipulated that China Baoyuan would entrust part of its shareholder rights and management rights of its wholly-owned subsidiary, Shenzhen CNNC Group Ltd., to Tongfang for three years, with an annual management fee of RMB 400,000 (tax included).
Due to changes in objective circumstances, both parties have now agreed to terminate the entrusted management relationship from May 29, 2026, with management formally transferred back to China Baoyuan. The management fee will be settled based on the actual period Tongfang managed Shenzhen CNNC Group.
Impact on Company and Investor Focus
- Limited Impact: The announcement explicitly states that the termination will not adversely affect Tongfang’s normal business operations, financial condition, or business results.
- No Major Price-Sensitive Matter: No significant asset changes, profit impacts, or potential material risks are disclosed, so the effect on share price is expected to be limited in the short term.
- Management Rights Change: The actual management of Shenzhen CNNC Group returns to China Baoyuan. Investors should continue to monitor further developments or cooperation between the involved parties.
- Transparency in Related Transactions: As a major related-party transaction disclosure, this demonstrates good corporate governance and compliance, protecting minority shareholders’ interests.
Conclusion
The termination of the management agreement and transfer of rights is a timely strategic adjustment by the management. While it does not have a material impact on the company’s current or future operations or financials, investors should remain attentive to any subsequent developments between Tongfang and Shenzhen CNNC Group.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors act at their own risk.
