火腿生产企业金字火腿今年上半年陷入亏损困境。公司上半年实现营收1.54亿元，同比下降9.26%，归母净利润为-0.08亿元，这是其上市十余年来首次在中报中录得亏损。[1]其中，传统火腿产品营收跌幅最为明显，达到0.74亿元，同比锐减26.35%，产量也从73.72万公斤下滑至48.02万公斤，同比减少34.86%。[1]
面对主业下行，金字火腿全资子公司金字半导体拟以不超过2亿元对半导体企业中晟微实施第二轮增资。[1]然而这一投资举动并未扭转公司业绩，反而成为亏损来源——投资收益出现-130.57万元，主要系按权益法计提中晟微投资损失。[1]中晟微目前尚未实现盈利，2025年仅实现营收241.36万元，却净亏损1.07亿元。[1]
值得注意的是，实控人郑庆昇近期频繁进行股权质押操作。[1]截至7月24日，他累计质押公司股份9687万股，占其持股比例的66.81%，占公司总股本的8%。[1]郑庆昇在2025年6月曾斥资近9亿元接过金字火腿的控制权。[1]
Jinzi Ham, a publicly listed Fujian-based food company, reported its first interim loss since going public over a decade ago, as its traditional ham business contracted sharply while the firm doubled down on semiconductor investments [1]. The company posted first-half revenue of 154 million yuan, down 9.26 percent year-over-year, with a net loss attributable to parent company shareholders of 8 million yuan [1].
The deterioration in core business performance was severe, with ham product revenue declining to 74 million yuan, a drop of 26.35 percent compared to the same period last year [1]. Production volumes also fell significantly, from 7.372 million kilograms to 4.802 million kilograms, representing a 34.86 percent decline [1]. Meanwhile, the company's subsidiary Jinzi Semiconductor is pursuing a second-round capital injection of up to 200 million yuan into Zhongsheng Micro, a chipmaker that currently remains unprofitable [1]. Zhongsheng Micro reported 2025 full-year revenue of 2.4136 million yuan against a net loss of 107 million yuan, with first-quarter figures showing revenue of 6.5244 million yuan and losses of 7.385 million yuan [1]. The company recorded investment losses related to Zhongsheng Micro totaling 13.057 million yuan during the reporting period [1].
Controlling shareholder and company founder Zheng Qingsheng has been actively pledging and unpledging company shares in recent weeks. As of July 24, he had accumulated a total of 96.87 million pledged shares, representing 66.81 percent of his personal holdings and 8 percent of the company's total outstanding shares [1]. In June 2025, Zheng Qingsheng invested nearly 900 million yuan to assume control of Jinzi Ham [1].
