每(mei)經(jing)記者｜陳晨(chen)    每(mei)經(jing)編輯｜趙云     

錦(jin)龍(long)股份出售東莞證券股權事宜迎來(lai)曙光。

3月29日，錦龍股份發布公(gong)(gong)(gong)告稱(cheng)，公(gong)(gong)(gong)司(si)與(yu)東莞(guan)金控(kong)資(zi)本投資(zi)有(you)(you)限公(gong)(gong)(gong)司(si)（下稱(cheng)“金控(kong)資(zi)本”）就金控(kong)資(zi)本有(you)(you)意收購公(gong)(gong)(gong)司(si)持有(you)(you)的(de)東莞(guan)證券(quan)3億股股份（占東莞(guan)證券(quan)總股本的(de)20%）事宜達(da)成了初(chu)步意向，并簽訂了無約束(shu)力的(de)交易(yi)備忘(wang)錄。此后，雙方將(jiang)就標(biao)的(de)股份交易(yi)相關事項繼續展(zhan)開(kai)談判協商。

《每日(ri)經濟新聞》記者注意(yi)到，金控資(zi)本目(mu)前是東(dong)莞(guan)證券(quan)(quan)第四大股(gu)(gu)(gu)東(dong)，持股(gu)(gu)(gu)比例為15.4%。若此次金控資(zi)本能夠成(cheng)功(gong)受讓(rang)東(dong)莞(guan)證券(quan)(quan)20%股(gu)(gu)(gu)權，那么東(dong)莞(guan)市(shi)國(guo)資(zi)委將(jiang)間接(jie)持有(you)東(dong)莞(guan)證券(quan)(quan)75.4%的股(gu)(gu)(gu)權。

時隔近5個月迎來實質性進展

早在2023年(nian)11月3日(ri)，持(chi)有東莞(guan)(guan)證券(quan)40%股(gu)(gu)權的錦龍股(gu)(gu)份(fen)(fen)發布公告(gao)稱，擬轉讓所持(chi)東莞(guan)(guan)證券(quan)3億(yi)股(gu)(gu)股(gu)(gu)份(fen)(fen)，占東莞(guan)(guan)證券(quan)總股(gu)(gu)本的20%。這在錦龍股(gu)(gu)份(fen)(fen)看(kan)來，通過本次交易，將會(hui)降低公司的負債(zhai)率，優化財(cai)務(wu)結構，改善公司的現(xian)金流(liu)和經營狀況，有利于(yu)公司可持(chi)續發展。

同年12月1日，錦龍股(gu)份又作(zuo)(zuo)出(chu)(chu)(chu)一個令市場意外的(de)決定，將轉讓東(dong)(dong)莞(guan)證券股(gu)份的(de)股(gu)數增至6億股(gu)，占東(dong)(dong)莞(guan)證券總股(gu)本的(de)40%，這顯示出(chu)(chu)(chu)錦龍股(gu)份有(you)意圖“清倉”轉讓其持有(you)的(de)東(dong)(dong)莞(guan)證券股(gu)權。對此，有(you)觀點認為，錦龍股(gu)份此舉是在債務壓(ya)力(li)下(xia)作(zuo)(zuo)出(chu)(chu)(chu)的(de)決策，凸顯了其對資金的(de)迫(po)切需求。

在(zai)接(jie)下來的(de)(de)(de)(de)日子里，市(shi)場一(yi)直對潛在(zai)的(de)(de)(de)(de)接(jie)手方保(bao)持高度關注。但錦龍股(gu)份發布的(de)(de)(de)(de)若干公告中，僅提及本(ben)次股(gu)份交易的(de)(de)(de)(de)審計(ji)、評估和盡調工作(zuo)正在(zai)進行中，并未透(tou)露任何關于接(jie)手方的(de)(de)(de)(de)信息。

直至3月(yue)29日(ri)，錦龍(long)股份(fen)(fen)出(chu)售東(dong)莞證券(quan)(quan)股權事宜終于(yu)迎來實質性進展。據錦龍(long)股份(fen)(fen)3月(yue)29日(ri)發布(bu)的(de)公告顯示，公司已(yi)與金控(kong)資本(ben)達(da)成了初(chu)步(bu)意(yi)向，即金控(kong)資本(ben)有意(yi)收購錦龍(long)股份(fen)(fen)持有的(de)東(dong)莞證券(quan)(quan)20%的(de)股權。

錦龍股(gu)份表示，接下來(lai)，雙方將(jiang)就標的股(gu)份交(jiao)(jiao)易(yi)(yi)(yi)相關(guan)事(shi)項繼續展開(kai)談判(pan)協商。目(mu)前，本(ben)次(ci)股(gu)份交(jiao)(jiao)易(yi)(yi)(yi)的審計、評估(gu)和盡調工作仍(reng)在進(jin)行(xing)中。待相關(guan)工作完成后，公(gong)司董(dong)事(shi)會將(jiang)根據(ju)公(gong)司與金控資本(ben)后續談判(pan)的進(jin)展情況，審議確定本(ben)次(ci)交(jiao)(jiao)易(yi)(yi)(yi)的交(jiao)(jiao)易(yi)(yi)(yi)條件和轉(zhuan)讓價格等事(shi)項。

金控資本或將成為第一大股東

公開(kai)資料顯示，東(dong)(dong)莞證券目前有(you)五大股(gu)(gu)(gu)東(dong)(dong)，錦龍股(gu)(gu)(gu)份(fen)持(chi)有(you)東(dong)(dong)莞證券40%的(de)(de)股(gu)(gu)(gu)份(fen)，是其第一大股(gu)(gu)(gu)東(dong)(dong)；而本次股(gu)(gu)(gu)權交易的(de)(de)擬接手方，金(jin)控資本是東(dong)(dong)莞證券的(de)(de)第四大股(gu)(gu)(gu)東(dong)(dong)，持(chi)有(you)15.4%的(de)(de)股(gu)(gu)(gu)份(fen)。

此外(wai)，東(dong)(dong)莞(guan)證券的(de)(de)第(di)二、三、五股(gu)東(dong)(dong)分(fen)別(bie)是東(dong)(dong)莞(guan)發展控(kong)(kong)股(gu)股(gu)份有限(xian)公司（下稱“東(dong)(dong)莞(guan)控(kong)(kong)股(gu)”）、東(dong)(dong)莞(guan)金(jin)融控(kong)(kong)股(gu)集(ji)團有限(xian)公司（下稱“金(jin)控(kong)(kong)集(ji)團”）、東(dong)(dong)莞(guan)市新世紀科教拓(tuo)展有限(xian)公司（下稱“新世紀科教”），分(fen)別(bie)持有20%、20%和4.6%的(de)(de)股(gu)份。

記者了解(jie)到，盡管錦龍股(gu)份是(shi)東(dong)(dong)(dong)莞(guan)證券的第(di)一大(da)股(gu)東(dong)(dong)(dong)，但(dan)東(dong)(dong)(dong)莞(guan)證券的實際控(kong)制(zhi)人(ren)卻是(shi)東(dong)(dong)(dong)莞(guan)市國資(zi)委(wei)。據悉，錦龍股(gu)份和(he)新(xin)世(shi)紀科教(jiao)是(shi)一致(zhi)行動人(ren)，均為錦龍股(gu)份實際控(kong)制(zhi)人(ren)楊志茂控(kong)制(zhi)的企業，二者合(he)計持有東(dong)(dong)(dong)莞(guan)證券44.6%的股(gu)份。

另外，金控(kong)資(zi)本、東(dong)(dong)(dong)莞控(kong)股(gu)和金控(kong)集團是受(shou)東(dong)(dong)(dong)莞市國(guo)資(zi)委控(kong)制的(de)(de)國(guo)資(zi)股(gu)東(dong)(dong)(dong)，三者合計持有東(dong)(dong)(dong)莞證券(quan)(quan)55.4%的(de)(de)股(gu)權，能夠(gou)對東(dong)(dong)(dong)莞證券(quan)(quan)的(de)(de)股(gu)東(dong)(dong)(dong)大會決議產生(sheng)決定性影響。不過(guo)，三名國(guo)資(zi)股(gu)東(dong)(dong)(dong)均無(wu)法單(dan)獨(du)通過(guo)行使(shi)股(gu)東(dong)(dong)(dong)表決權控(kong)制股(gu)東(dong)(dong)(dong)大會，因(yin)此，東(dong)(dong)(dong)莞證券(quan)(quan)不存在控(kong)股(gu)股(gu)東(dong)(dong)(dong)。

雖(sui)然東(dong)莞(guan)(guan)(guan)證(zheng)券不存在控(kong)股(gu)(gu)股(gu)(gu)東(dong)，但東(dong)莞(guan)(guan)(guan)市國(guo)資委(wei)通過前述三(san)名(ming)國(guo)資股(gu)(gu)東(dong)間接(jie)持有東(dong)莞(guan)(guan)(guan)證(zheng)券55.4%的股(gu)(gu)份(fen)，因此(ci)是東(dong)莞(guan)(guan)(guan)證(zheng)券的實際控(kong)制人。

如(ru)果，此次金控資本能順利取得錦龍股(gu)份持有的東莞(guan)(guan)證券20%股(gu)權，那(nei)么(me)，其持股(gu)比例將上升至(zhi)35.4%，成為東莞(guan)(guan)證券第一大股(gu)東。同(tong)時(shi)，東莞(guan)(guan)市國資委間接持股(gu)比例也增至(zhi)75.4%。