Core Viewpoint - The announcement of a suspension of trading by Gaole Co., Ltd. (002348.SZ) due to the potential transfer of shares or voting rights by its largest shareholder, Huadong Group, has attracted significant attention in the capital market, indicating a possible change in control of the company [1] Group 1: Shareholder Changes - Huadong Group is planning to transfer its shares or delegate voting rights, which may lead to a change in control of Gaole Co., Ltd. The stock will be suspended from trading starting November 25, with an expected suspension period of no more than two trading days [1] - Following the announcement, Gaole Co., Ltd.'s stock price closed at 4.81 yuan, reaching the daily limit with a 10.07% increase, and a trading volume of 26.79 million shares, indicating significant market activity prior to the announcement [1] - Huadong Group, which took control of Gaole Co., Ltd. three years ago, may be completely divesting from this cross-industry investment [1] Group 2: Historical Context - In November 2022, Huadong Group acquired 133 million shares (14% of total equity) from Hong Kong Xingchang for 290 million yuan, along with voting rights for an additional 73.31 million shares (7.74% of total equity), achieving a total control of 21.74% of voting rights [2] - The initial goal of Huadong Group was to stabilize Gaole Co., Ltd.'s toy business and facilitate its industrial transformation, including a proposed 2 billion yuan solid-state battery project [2] - The merger faced challenges due to the significant differences in industry focus, with Huadong Group primarily engaged in pig farming and slaughtering, while Gaole Co., Ltd. specializes in toy manufacturing [2] Group 3: Financial Performance - Gaole Co., Ltd. reported a revenue of 226 million yuan for the third quarter of 2025, a year-on-year increase of 10.06%, but still recorded a net loss of 11.67 million yuan, although this represented a 65.91% reduction in losses compared to the previous year [3] - The company achieved a significant net profit of 16.28 million yuan in the third quarter, a year-on-year increase of 936.40%, primarily driven by non-recurring gains [3] - Huadong Group's performance has also been under pressure, with a net loss of 5.16 million yuan in the third quarter of 2025, influenced by a downturn in the pig farming industry [3] Group 4: Market Speculation - The market is particularly interested in the identity of the potential buyer and the transfer price, as the announcement did not disclose specific details about the transaction [4] - The ownership structure of Gaole Co., Ltd. has become more fragmented, with previous transactions in 2022 involving shareholders Chen Zhu and Wang Xiangyu acquiring 5.46% and 5.54% of shares, respectively, adding uncertainty to the control change [4]

鉴于上述事项尚存在不确定性，为保证公平信息披露，维护投资者利益，避免造成公司股价异常波 动，根据《深圳证券交易所主板股票上市规则》《深圳证券交易所上市公司自律监管指引第6号停复 牌》等有关规定，经公司向深圳证券交易所申请，公司股票（股票简称：高乐股份，股票代码： 002348）自2025年11月25日（星期二）开市起停牌，预计停牌时间不超过2个交易日。 中国经济网北京11月25日讯 高乐股份(002348.SZ)昨日晚间披露《关于公司第一大股东筹划控制权 变更的停牌公告》。 公告显示，公司近日接到第一大股东华统集团有限公司（以下简称"华统集团"）通知，获悉华统集 团正在筹划转让其持有的公司股份或（及）委托表决权，本次筹划事项可能导致公司控制权发生变更。 （责任编辑：魏京婷） 11月24日，高乐股份涨停，收报4.81元，涨幅10.07%。 ...

Group 1 - On November 25, 15 stocks including GaoLe Co., ChaoZhuo HangKe, and AiKe Co. were suspended from trading [1]

Group 1 - The People's Bank of China announced a 1 trillion yuan MLF operation to maintain liquidity in the banking system, set to take place on November 25, 2025 [2] - The National Energy Administration reported that as of October, the total installed power generation capacity reached 3.75 billion kilowatts, a year-on-year increase of 17.3%, with solar power capacity growing by 43.8% [6] - The Shanghai Municipal Government issued measures to promote the digital transformation of the pharmaceutical industry, encouraging the integration of AI technology across the entire industry chain [4] Group 2 - Xiaomi Group's controlling shareholder Lei Jun invested approximately 100 million Hong Kong dollars to increase his stake in the company [6] - Alibaba's AI assistant Qianwen APP surpassed 10 million downloads within a week of its public testing [9] - Shanghai Port Bay's commercial space business and perovskite solar business accounted for less than 1% of the company's revenue [10] Group 3 - The stock of *ST Suwu has seen a continuous limit-up for four days, indicating potential market overheating and irrational speculation [12] - Longpan Technology signed a significant contract with a total sales amount exceeding 45 billion yuan [24] - The stock of Hualong Holdings is set to be suspended from trading due to the first major shareholder planning a change of control [25]

Core Viewpoint - The announcement of a potential change in control at Gaole Co., Ltd. has attracted significant attention in the capital market, with the first major shareholder, Huadong Group, planning to transfer its shares or delegate voting rights, leading to a stock suspension starting November 25, expected to last no more than two trading days [1] Group 1: Shareholder Changes - Huadong Group is considering transferring its shares or delegating voting rights, which may result in a change of control at Gaole Co., Ltd. [1] - The stock price of Gaole Co., Ltd. closed at 4.81 yuan, with a daily increase of 10.07% and a trading volume of 1.26 billion yuan, indicating significant market activity prior to the announcement [1] - The market is keenly awaiting details of the transaction, as the Huadong Group, controlled by the Zhu brothers, may completely divest from Gaole Co., Ltd. after three years of ownership [1] Group 2: Historical Context - In November 2022, Huadong Group acquired a 21.74% voting control in Gaole Co., Ltd. through a combination of share transfer and voting rights delegation, becoming the controlling shareholder [2] - The initial goal of Huadong Group was to stabilize Gaole Co., Ltd.'s toy business and facilitate its industrial transformation, including a proposed 2 billion yuan solid-state battery project [2] - The merger faced challenges due to the significant industry differences between Huadong Group's core business in pig farming and Gaole Co., Ltd.'s focus on toy manufacturing [2] Group 3: Financial Performance - Gaole Co., Ltd. reported a revenue of 226 million yuan for the third quarter of 2025, a year-on-year increase of 10.06%, but still recorded a net loss of 11.67 million yuan, although this was a 65.91% reduction in losses compared to the previous year [3] - The company achieved a significant net profit of 16.28 million yuan in the third quarter, a year-on-year increase of 936.40%, primarily due to non-recurring gains [3] - Huadong Group's performance has also been under pressure, with a net loss of 5.16 million yuan in the third quarter of 2025, influenced by a downturn in the pig farming industry [3] Group 4: Market Speculation - The market is particularly interested in the identity of the potential buyer and the transfer price, as the announcement did not disclose specific details about the transaction [4] - The previous year saw a more dispersed shareholding structure, which adds uncertainty to the potential change in control [4]

经济观察网高乐股份（002348）11月24日公告，公司第一大股东华统集团有限公司正在筹划转让其持有 的公司股份或委托表决权，可能导致公司控制权变更。鉴于事项尚不确定，公司股票自2025年11月25日 起停牌，预计停牌时间不超过2个交易日。停牌期间，公司将根据进展履行信息披露义务。 ...

Core Insights - Both Weiling Co., Ltd. and Gaole Co., Ltd. announced potential changes in control on November 24, leading to a trading halt on November 25 [2][11] - The market is closely watching whether the change in ownership can improve the struggling business performance of both companies [4] Weiling Co., Ltd. - Weiling Co., Ltd. plans to transfer 7.76% of its shares, amounting to 2,023,380 shares, from its controlling shareholder Shanghai Lingyi New Materials Co., Ltd. [5][6] - The company reported a total revenue of 213 million yuan for the first three quarters of 2025, a decrease of 53.88% year-on-year, with a net loss of 13.05 million yuan, which is a reduction in losses compared to the previous year [9] - Due to a pledge default, the controlling shareholder's stake was reduced from 18.52% to 13.01% after a judicial auction in 2024 [9] Gaole Co., Ltd. - Gaole Co., Ltd.'s major shareholder, Huadong Group Co., Ltd., is planning to transfer its shares or delegate voting rights, which may lead to a change in control [10][11] - The company reported a total revenue of 226 million yuan for the first three quarters of 2025, an increase of 10.06% year-on-year, with a net loss of 11.67 million yuan, which is a reduction in losses compared to the previous year [13] - The company has experienced significant management turnover, with several executives resigning in recent months, indicating potential instability [13]

Group 1 - Weiling Co., Ltd. (002667.SZ) announced a suspension of trading due to its controlling shareholder, Shanghai Lingyi, and actual controller Huang Da planning to transfer shares, which may lead to a change in control of the company [2][4] - The proposed share transfer involves a total of 20.38 million shares, accounting for 7.7646% of the company's total share capital, with the transferee becoming the largest shareholder upon completion [2][4] - The trading suspension will begin on November 25, 2025, and the company will fulfill its information disclosure obligations during the suspension period [2][4] Group 2 - Gaole Co., Ltd. (002348.SZ) also announced a trading suspension due to its largest shareholder, Huadong Group, planning to transfer its shares or delegate voting rights, which may result in a change of control [8] - The trading suspension for Gaole will also start on November 25, 2025, with an expected duration of no more than two trading days [8] - As of the latest closing, Gaole's stock price was reported at 4.81 yuan per share, with a market capitalization of 45.56 billion yuan [8][9]

两家公司发布停牌公告。 威领股份(002667.SZ)24日晚间公告称，收到控股股东上海领亿、实际控制人黄达通知，正在筹划所持股份转让事项，拟以协议转让方式转让各方合计持有 的2023.38万股上市公司股份（占上市公司总股本的 7.7646%）。股份转让完成后，受让方将成为上市公司第一大股东。公司股票将于2025年11月25日开 市起停牌，停牌期间将根据进展情况履行信息披露义务。该事项目前仅处于筹划阶段，尚存在不确定性。 | 证券代码 | 证券简称 | 停复牌类型 | 停牌 停牌起始日 | | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | | | | | 期间 | | | | 002667 | 威领股份 | Ａ 股 停牌 | 2025/11/25 全天 2025/11/26 | | | 2025/11/27 | 截至今日收盘，威领股份报16.90元/股，最新市值44.04亿元。 高乐股份(002348.SZ)公告称，公司接到第一大股东华统集团通知，华统集团正在筹划转让其持有的公司股份或委托表决权，可能导致公司控制权发生变 更。为保证公平 ...

此外，陈柱受让新鸿辉实业持有的5170.1101万股无限售流通股，占股本总额的5.46%，2022年12月29日 完成过户；王翔宇受让杨广城、普宁市园林文化用品有限公司、普宁市新南华实业投资有限公司、香港 兴昌合计持有的5247.5840万股无限售流通股，占股本总额的5.54%。 高乐股份（002348）11月24日晚间发布停牌公告，公司接到第一大股东华统集团有限公司通知，华统集 团正在筹划转让其持有的公司股份或(及)委托表决权事宜，该事项可能导致公司控制权发生变更。 华统集团曾计划通过认购高乐股份非公开发行股票，将持股比例从14%提升至33.85%。不过该计划没有 实施，华统集团持股比例依然停留在14%。 鉴于上述事项存在不确定性，为保证公平信息披露、维护投资者利益、避免公司股价异常波动，经高乐 股份向深圳证券交易所申请，公司股票自2025年11月25日(星期二)开市起停牌，预计停牌时间不超过2 个交易日。 华统集团通过2.9亿元受让14%股权，并通过表决权委托控制7.74%股份，合计掌握21.74%表决权，稳固 成为控股股东，额外增持会增加资金投入却无法显著提升控制权稳定性，不符合"性价比优先"的资本逻 ...