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东莞市








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吴忠市(青铜峡市、红寺堡区、同心县、盐池县、利通区)
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阿勒泰地区(福海县、阿勒泰市、布尔津县、哈巴河县、青河县、吉木乃县、富蕴县)
贵港市(覃塘区、港南区、平南县、港北区、桂平市)
来宾市(忻城县、合山市、兴宾区、武宣县、金秀瑶族自治县、象州县)
南昌市(红谷滩区、东湖区、青山湖区、安义县、新建区、进贤县、西湖区、南昌县、青云谱区)
固原市(原州区、隆德县、西吉县、彭阳县、泾源县)

  4月22日,瑞安市养老产业高质量发展招商推介会召开。浙江省民政厅二级巡视员陈建义,温州市副市长章月影,瑞安市领导李坚、应希克、施巨耀等出席会议。会上,瑞安市副市长王渊与北京椿萱茂康养服务有限公司副总经理刘宏志代表双方签署《康养项目战略合作协议》。

  当前我国人口老龄化程度日益加深,养老产业迎来发展新机遇。近年来,瑞安正加速推进养老服务体系改革,培育发展养老机构数量居温州第一,市场需求潜力巨大。作为远洋集团旗下的养老服务专业品牌,椿萱茂的综合实力也获得瑞安市政府充分认可。

  根据约定,双方将结成战略合作伙伴,共同提升瑞安康养项目的市场竞争力;椿萱茂将受托运营康养项目,提供专业化高品质服务。此外,椿萱茂还将协助瑞安市政府共同完善养老人才培养模式,开展校企合作、共建康养产业学院、建设实习实训基地、培养高技能人才、建设康养产业资源库等,以助力改善养老行业面临的严重人才短缺问题。

  截至目前,椿萱茂已深耕中国养老行业13年,在立足机构康养业务的同时,也正全面布局委托管理、居家智慧康养等轻资产业务。近年来,椿萱茂与秦皇岛经济技术开发区就养老服务达成战略合作;成为香港社会福利署《广东院舍照顾服务计划》认可服务机构;与中国人寿深化合作,共探“保险+养老”一站式养老解决方案;与实力国企东莞安居建设达成战略合作;获取石家庄裕华区、鹿泉区项目,并推出“椿萱蕙”轻资产服务品牌。椿萱茂的专业服务能力正赢得政府部门、央国企等越来越多委托方认可。

  2025年4月23日,德力佳传动科技(江苏)股份有限公司(以下简称“德力佳”)发布了交易所问询函回复公告。这家成立仅7年多的风电齿轮箱制造商,因与三一重能的深度绑定、异常关联交易及独立性缺陷,引发监管与市场的双重质疑。 

  历史纽带:股权结构的双重控制

  德力佳是一家主要从事高速重载精密齿轮传动产品研发、生产与销售的企业,下游应用领域目前主要为风力发电机组,核心产品为风电主齿轮箱。

  德力佳与三一重能的共生关系始于2017年公司创立。招股书披露,三一重能不仅是创始股东(初始持股20%),更通过多重纽带深度介入德力佳运营。

  资产注入疑云:2018年三一重能以1元对价转让北京三一增速机(账面净资产0.28万元),使德力佳获得风电齿轮箱生产资质。资产评估报告显示,该交易标的含价值9368万元设备资产,合理性存疑。  

  股权结构的双重控制:截至招股书签署日,三一重能以28%持股稳居第二大股东,而实控人刘建国夫妇通过多层架构控制41.98%股权。更值得关注的是治理结构:6名非独立董事中,4名具有三一或远景背景;财务总监李常平更是三一重能前财务副总监,在IPO辅导前两周“空降”。这种“股东+高管”的双重身份,使德力佳的决策独立性形同虚设。

  独立性拷问:实控人大部分出资是从三一借款

  德力佳对三一重能的依赖已渗透至企业核心环节。三一重能和远景能源等行业龙头既是公司股东又是大客户的情况较为突出,2022年至2024年,公司对这两家企业的关联销售占比分别为37.39%、45.43%和43.56%,占比近半。

  自2023年以来,德力佳向关联方销售产品的价格高于非关联方。在整机价格年均下降10%的背景下,这种逆价差缺乏合理解释。

  更有意思的是,德力佳实际控制人出资系向三一重能借款。公司成立之初,德力佳实际控制人刘建国3,000万元货币出资中的2,500万元出资款来源于向三一重能的借款。截至2020年11月末,刘建国已完成全部借款本息归还.。

  注:本文创作借助AI工具收集整理市场数据和行业信息,结合辅助观点分析和撰写成文。

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