Core Viewpoint - The financial products associated with Xiangyuan Group are facing default issues, leading to investor concerns about the ability to redeem both matured and unmatured products [2][3]. Group 1: Default and Investor Concerns - Since late November, rumors of default on financial products purchased at Zhejiang Jin Center have emerged, confirmed by Xiangyuan Group's executive stating that around 2 to 3 products have not been redeemed due to lack of funds [2]. - Investors have expressed worries about the redemption of unmatured products, with reports of inability to transfer these products on the app [2][3]. - Following the news, shares of related companies, including Jiaojian Co., Xiangyuan Cultural Tourism, and Ocean Park, experienced significant declines, with Jiaojian Co. hitting a daily limit down [3]. Group 2: Company and Platform Relationships - Zhejiang Jin Center, a platform for financial asset trading, has historical ties to state-owned enterprises, which initially attracted investors [5]. - The platform has undergone ownership changes, with Hangzhou Minzhi Investment Management Co. becoming the controlling shareholder, which has close connections to Xiangyuan Group [5][6]. - Xiangyuan Group is a leading player in the cultural tourism industry, with its subsidiaries listed on stock exchanges, and has been involved in issuing financial products with guarantees from its own entities [7][8]. Group 3: Financial Product Structure - The financial products in question are primarily backed by debts owed by real estate companies associated with Xiangyuan Group, with funds reportedly used to supplement liquidity [8][12]. - Legal documents indicate that Xiangyuan Group has obligations to repurchase any unpaid principal related to these products, with the group's actual controller providing guarantees [12]. - The underlying assets of these products are debts from Xiangyuan's real estate ventures, which have been under financial strain due to a downturn in the real estate market [14]. Group 4: Regulatory Response - The Zhejiang Provincial Financial Regulatory Bureau is currently conducting a comprehensive review of the financing products involved, promising to keep investors informed about their rights [3][15].

Core Viewpoint - The "Xiangyuan System" is facing significant financial distress, leading to a sharp decline in the stock prices of its three listed companies, resulting in a market value loss of approximately 3.2 billion yuan over two trading days [1][2][3]. Group 1: Stock Performance and Market Impact - On December 9, Xiangyuan Cultural Tourism (600576.SH) fell by 7.51%, Haichang Ocean Park (02255.HK) dropped by 12%, and Jiaojian Co. (603815.SH) hit the daily limit down [1]. - The cumulative market value loss for the three companies over two trading days reached 3.2 billion yuan [2]. - Jiaojian Co. reported a market value of 60.53 billion yuan as of December 9, down 1.42 billion yuan from December 7 [2]. - Xiangyuan Cultural Tourism's stock price fell by 20.67% from December 4 to 9, with a market value of 62.32 billion yuan, down 759 million yuan from December 7 [3][4]. - Haichang Ocean Park's stock price dropped 36.23% from December 4 to 9, with a market value decrease of approximately 1.057 billion yuan [4]. Group 2: Financial Products and Default Issues - The rumors of the "Xiangyuan System" default began in late November, with reports of overdue products surfacing around December 4 [2]. - The financial products in question were traded on the Zhejiang Financial Asset Trading Center, with a total trading scale exceeding 10 billion yuan [4]. - On December 8, a meeting occurred between representatives from the Zhejiang provincial government and investors, where it was revealed that the company had a funding chain break and real estate assets valued over 30 billion yuan that are difficult to liquidate [4]. Group 3: Asset Holdings and Financial Health - As of the end of Q3, Xiangyuan Holdings held 274 million shares of Jiaojian Co., with a market value of approximately 442 million yuan for the unpledged shares [6]. - Yu Faxiang directly held 15.73 million shares of Jiaojian Co., valued at around 154 million yuan [6]. - Xiangyuan Holdings has total assets of 599.78 billion yuan and equity of 215.90 billion yuan as of the end of 2024, with a net profit of 57.5 million yuan [8].

（原标题：交建股份龙虎榜：营业部净买入167.34万元） 交建股份(603815)今日跌停，全天换手率1.03%，成交额6237.88万元。龙虎榜数据显示，营业部席位合 计净买入167.34万元。 10月29日公司发布的三季报数据显示，前三季度公司共实现营业收入30.21亿元，同比增长6.06%，实现 净利润1.37亿元，同比增长36.40%。（数据宝） 交建股份12月9日交易公开信息 | 买/卖 | 会员营业部名称 | 买入金额（万元） | 卖出金额（万元） | | --- | --- | --- | --- | | 买一 | 广发证券股份有限公司郑州农业路证券营业部 | 1847.64 | | | 买二 | 兴业证券股份有限公司湖北分公司 | 333.99 | | | 买三 | 兴业证券股份有限公司厦门分公司 | 156.87 | | | 买四 | 中国中金财富证券有限公司绵阳市证券营业部 | 106.60 | | | 买五 | 上海证券有限责任公司北京万寿路证券营业部 | 97.80 | | | 卖一 | 东方财富证券股份有限公司拉萨团结路第二证券营业部 | | 1079.61 | | 卖二 | 中银国 ...

格隆汇12月9日丨交建股份(603815.SH)公布，近日，网上出现有关公司控股股东祥源控股集团有限责任 公司（以下简称"祥源控股"）、公司实际控制人承担连带保证责任的金融产品出现部分逾期兑付的媒体 报道并引发投资者关注。经向公司控股股东、实际控制人函询，在某平台发行的涉及与祥源控股地产合 作项目的金融产品存在部分逾期兑付情形，祥源控股、公司实际控制人就上述兑付义务承担连带保证责 任。本次事件涉及的金融产品与交建股份及其参、控股子公司均无关，交建股份不承担任何兑付及担保 义务，公司亦未为任何金融理财产品的兑付提供担保或增信。 ...

Core Viewpoint - The financial products related to "Xiangyuan Group" are unable to be redeemed, causing significant concern in the market and leading to a continuous decline in the stock price of Jiaojian Co., Ltd. [1] Group 1: Company Response - Jiaojian Co., Ltd. announced that the financial products in question are unrelated to the company and its subsidiaries, and the company does not bear any redemption or guarantee obligations [1] - The company confirmed that it has not provided any guarantees or enhancements for the redemption of any financial products [1] - The company stated that its production and operations remain normal despite the ongoing issues with the financial products [1] Group 2: Market Impact - From December 5 to December 9, Jiaojian Co., Ltd. experienced a cumulative stock price decline of 19.44%, with a significant drop on December 8 and 9, resulting in a "limit down" situation [2] - As of the close on December 9, the stock price was at the limit down price of 9.78 yuan per share, with a total market capitalization of 60.53 billion yuan [2]

证券代码：603815 证券简称：交建股份 公告编号：2025-071 安徽省交通建设股份有限公司 股票交易异常波动公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 安徽省交通建设股份有限公司（以下简称"公司"或"交建股份"）股 票于 2025 年 12 月 5 日、12 月 8 日、12 月 9 日连续 3 个交易日内收盘价格跌幅 偏离值累计超过 20%，根据《上海证券交易所交易规则》的有关规定，属于股票 交易异常波动情况。 近日，网上出现有关公司控股股东祥源控股集团有限责任公司（以下简 称"祥源控股"）、公司实际控制人承担连带保证责任的金融产品出现部分逾期 兑付的媒体报道并引发投资者关注。经向公司控股股东、实际控制人函询，在某 平台发行的涉及与祥源控股地产合作项目的金融产品存在部分逾期兑付情形，祥 源控股、公司实际控制人就上述兑付义务承担连带保证责任。本次事件涉及的金 融产品与交建股份及其参、控股子公司均无关，交建股份不承担任何兑付及担保 义务，公司亦未为任何金融理财产品的兑付提供担保或增信。具体详见公 ...

南财智讯12月9日电，交建股份公告，公司股票于2025年12月5日、12月8日、12月9日连续3个交易日内 收盘价格跌幅偏离值累计超过20%，根据《上海证券交易所交易规则》的有关规定，属于股票交易异常 波动情况。近日，网上出现有关公司控股股东祥源控股集团有限责任公司、公司实际控制人承担连带保 证责任的金融产品出现部分逾期兑付的媒体报道并引发投资者关注。经核实，某平台发行的涉及与祥源 控股地产合作项目的金融产品存在部分逾期兑付情形，祥源控股、公司实际控制人就上述兑付义务承担 连带保证责任。本次事件涉及的金融产品与交建股份及其参、控股子公司均无关，交建股份不承担任何 兑付及担保义务，公司亦未为任何金融理财产品的兑付提供担保或增信。目前公司生产经营一切正常， 管理层确保与控股股东、实际控制人在资产、人员、财务、机构及业务等方面的独立。截至目前，除已 披露事项外，公司及控股股东、实际控制人不存在影响公司股票交易异常波动的重大事项，也不存在其 他应披露而未披露的重大信息。董事会确认，公司目前不存在应披露而未披露的事项或与该等事项有关 的筹划、商谈、意向、协议等，亦未获悉对本公司股票及其衍生品种交易价格产生较大影响的信息 ...

每经AI快讯，12月9日，交建股份（603815）(603815.SH)公告称，公司股票连续3个交易日内收盘价格 跌幅偏离值累计超过20%，属于股票交易异常波动情况。近日，网上出现有关公司控股股东祥源控股集 团有限责任公司及公司实际控制人承担连带保证责任的金融产品出现部分逾期兑付的媒体报道。经核 实，本次事件涉及的金融产品与交建股份及其参、控股子公司均无关，交建股份不承担任何兑付及担保 义务。公司目前生产经营一切正常，不存在应披露而未披露的重大事项。 ...

Core Viewpoint - The article discusses the financial crisis surrounding Zhejiang Financial Asset Trading Center (Zhejiang Jin Center) and its connection to Xiangyuan Holdings and its founder Yu Faxiang, highlighting the risks of aggressive capital expansion and the impact on investors and listed companies [3][5][10]. Group 1: Financial Crisis Overview - Zhejiang Jin Center has faced a significant crisis, with over 14 billion yuan in financial products unable to be redeemed, leading to widespread investor anxiety [7][10]. - The total amount involved in the crisis has exceeded 14 billion yuan, with many investors reporting amounts ranging from hundreds of thousands to millions [7][10]. - The crisis has led to a rapid decline in stock prices for Xiangyuan Holdings' listed companies, with declines of 14.23%, 16.32%, and 27.53% in just three trading days [14]. Group 2: Company Background and Expansion - Xiangyuan Holdings, founded by Yu Faxiang, has total assets of approximately 60 billion yuan and liabilities exceeding 40 billion yuan, primarily from bank loans and investor products [3][10]. - The company has aggressively expanded into the tourism sector, acquiring over 20 well-known scenic spots and controlling three listed companies [24][25]. - Yu Faxiang's entrepreneurial journey is characterized by a "grassroots reversal" narrative, having transitioned from a poor background to becoming a prominent businessman in Zhejiang [20][24]. Group 3: Financial Management and Risks - The financial products offered by Zhejiang Jin Center were primarily backed by Xiangyuan Holdings, which has been facing a liquidity crisis [10][16]. - The financing costs for Xiangyuan Holdings are reported to be around 8% to 9%, while the investment returns for investors are only 4% to 5%, indicating a significant gap [16]. - The company has been under scrutiny for misusing funds, with reports indicating that 410 million yuan was misappropriated for other projects [28][30]. Group 4: Market and Regulatory Environment - The Zhejiang Jin Center, previously backed by state-owned enterprises, has shifted to a private ownership model, which has raised concerns among investors about the stability of their investments [31]. - The regulatory environment has tightened, with the Zhejiang Securities Regulatory Bureau issuing penalties that revealed the financial strain on Xiangyuan Holdings [28][30]. - The article emphasizes the risks associated with high-yield financial products, particularly those linked to private enterprises and real estate projects, which are often less stable [33].

以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 从资金流向上来看，当日基础建设板块主力资金净流出6.23亿元，游资资金净流入2.58亿元，散户资金 净流入3.65亿元。基础建设板块个股资金流向见下表： 证券之星消息，12月9日基础建设板块较上一交易日下跌1.18%，交建股份领跌。当日上证指数报收于 3909.52，下跌0.37%。深证成指报收于13277.36，下跌0.39%。基础建设板块个股涨跌见下表： ...