Core Viewpoint - The control change of Yonghe Intelligent Control (002795) has been terminated due to the acquirer's failure to pay the initial share transfer payment, leading to a significant drop in the company's stock price [1][3]. Group 1: Control Change Termination - On August 12, Yonghe Intelligent Control announced the termination of the control change due to the acquirer's failure to pay approximately 20.01 million yuan for the initial share transfer [3][4]. - The proposed transfer involved selling 8% of the company's shares at a price of 8.9736 yuan per share, totaling around 320 million yuan [3][4]. - This marks the third failed attempt by the actual controller, Cao De Li, to change control since he took over in 2019 [4]. Group 2: Stock Price Reaction - Following the announcement, Yonghe Intelligent Control's stock opened down 7.59% and closed at 5.24 yuan per share, with a total market capitalization of approximately 2.336 billion yuan [3][4]. - The stock price decline reflects investor concerns regarding the company's future prospects after the failed control change [4]. Group 3: Financial Performance - Yonghe Intelligent Control has reported net losses for three consecutive years, with net profits of approximately -26.19 million yuan in 2022, -156 million yuan in 2023, and -297 million yuan in 2024 [6][7]. - The company’s revenue has also declined, with figures of approximately 990 million yuan in 2022, 948 million yuan in 2023, and 823 million yuan in 2024 [7]. - The company expects a net loss of between -56 million yuan and -30 million yuan for the first half of 2025, indicating ongoing financial challenges [7][8]. Group 4: Business Strategy - Yonghe Intelligent Control aims to establish a dual business model focusing on "water heating valve and fitting business" and "precision radiation treatment for tumors" to achieve sustainable and high-quality development [8].

Group 1 - Kaizhong Precision plans to invest up to 250 million yuan to establish a subsidiary and build a production base in Thailand, focusing on overseas connector and precision component business [1] - Longbo Technology reported a 60.18% year-on-year increase in net profit for the first half of 2025, with revenue of 122 million yuan, up 18.03% [2] - Dingyang Technology achieved a net profit of 76.88 million yuan in the first half of 2025, a year-on-year increase of 31.54%, with revenue of 279 million yuan, up 24.61% [4] Group 2 - Heng Rui Pharmaceutical received approval for clinical trials of two drugs, SHR-A2102 and Adebeli monoclonal antibody injection [6] - Maolai Optical plans to use up to 100 million yuan of idle funds for entrusted wealth management to improve fund utilization efficiency [8] - Shiji Information signed a major contract with MGM Grand, providing a next-generation cloud-based hotel information management system [7] Group 3 - Yunnan Germanium's subsidiary received a government subsidy of 6.8 million yuan related to revenue [9] - Jizhi Co. received a warning letter from the Zhejiang Securities Regulatory Bureau for failing to disclose significant government subsidies [10] - Dongfang Precision reported a net profit of approximately 397 million yuan for the first half of 2025, a year-on-year increase of 142.52% [11] Group 4 - Aolaide expects a net profit decrease of 68.41% to 72.77% for the first half of 2025, with revenue projected between 270 million and 290 million yuan [12] - Feilong Co. used 111 million yuan of idle funds for cash management through structured deposit products [13] - Anhui Construction won two major projects with a total investment exceeding 6.6 billion yuan [15] Group 5 - Yunnan Germanium's subsidiary received a government subsidy of 6.8 million yuan related to revenue [9] - Jizhi Co. received a warning letter from the Zhejiang Securities Regulatory Bureau for failing to disclose significant government subsidies [10] - Dongfang Precision reported a net profit of approximately 397 million yuan for the first half of 2025, a year-on-year increase of 142.52% [11] Group 6 - China Medical's subsidiary received approval for the listing of fumaric acid volnora raw materials [20] - Huayuan Vaccine's subsidiary received approval for clinical trials of Hib vaccine [29] - Ganfeng Lithium plans to integrate lithium salt lake projects in Argentina and provide financial support of up to 130 million USD [41]

交易行情显示，8月13日，永和智控低开7.59%，开盘后保持低位震荡态势，截至收盘，公司股价报5.24 元/股，成交金额约3.53亿元，总市值约23.36亿元。 消息面上，8月12日晚间，永和智控披露公告称，公司于近日收到控股股东、实际控制人曹德莅的《告 知函》，获悉其于8月5日签署的《股份转让协议》、《付款期限变更确认书》、《补充协议》，暨公司 控制权拟发生变更事项的相关交易终止。 （文章来源：北京商报） 北京商报讯（记者马换换实习记者李佳雪）8月13日，永和智控（002795）收跌5.24%，报5.24元/股。 ...

Core Viewpoint - Yonghe Intelligent Control's proposed change of control has been terminated due to the failure of the counterparty to fulfill payment obligations, marking the third failed attempt at a change of control since Cao Delin became the actual controller [1][2]. Group 1: Control Transfer Details - On August 5, 2023, Cao Delin signed a share transfer agreement to sell approximately 35.66 million shares (8% of total shares) to Hangzhou Runfeng for about 320 million yuan at a price of 8.9736 yuan per share [2]. - The agreement was automatically invalidated and terminated due to Hangzhou Runfeng's failure to pay the initial transfer amount of 20.0015 million yuan by the agreed deadline [2]. - The voting rights entrusted to Hangzhou Runfeng by Cao Delin and Xia Zuwang were also rendered void following the termination of the share transfer agreement [2]. Group 2: Historical Context of Control Changes - Yonghe Intelligent Control was established in 2003 and went public in April 2016, originally controlled by Ying Xueqing and Chen Xianyun [4]. - The first change of control occurred in November 2019 when Chengdu Meihua Shengxin Medical Technology became the indirect controlling shareholder, with Cao Delin becoming the new actual controller [4]. - In November 2022, Cao Delin planned to transfer all his shares (approximately 60.47 million shares, 19.58% of total shares) to Huzhou Hecheng Equity Investment, but the plan was terminated within a month [5]. Group 3: Financial Performance and Legal Issues - Yonghe Intelligent Control has faced declining financial performance, with revenues of 948 million yuan, 823 million yuan, and 149 million yuan for 2023, 2024, and Q1 2025 respectively, and net losses of 156 million yuan, 297 million yuan, and 20 million yuan for the same periods [7]. - The company anticipates a loss of 30 million to 56 million yuan in the first half of 2025, compared to a loss of 56.23 million yuan in the same period last year [7]. - The company has also disclosed ongoing litigation and arbitration matters totaling 64.83 million yuan, exceeding 10% of the latest net assets [7].

Core Viewpoint - The control transfer plan of Yonghe Intelligent Control (永和智控) has failed for the third time, as the buyer, Hangzhou Runfeng Intelligent Equipment Co., Ltd. (杭州润锋), did not make the agreed payment for the share transfer [4][11]. Group 1: Control Transfer Details - On August 6, Yonghe Intelligent Control announced that its controlling shareholder, Cao Delin, signed a share transfer agreement with Hangzhou Runfeng to sell 8% of the company's shares at a price of 8.9736 yuan per share, totaling approximately 320 million yuan [8]. - The agreement stipulated that Hangzhou Runfeng was to pay an initial amount of 20.015 million yuan to a designated account, but failed to do so, leading to the automatic invalidation of the agreement [4][11]. - The control change plan was initiated and terminated within a week, highlighting the rapid failure of the transaction [6]. Group 2: Financial Performance and Background - Yonghe Intelligent Control has faced declining revenues and increasing losses in recent years, with adjusted revenues of 990 million yuan, 948 million yuan, and 823 million yuan from 2022 to 2024, and net profits of -26 million yuan, -156 million yuan, and -297 million yuan respectively [17]. - As of the announcement date, Cao Delin and his associates held 46.732 million shares, accounting for 10.49% of the total share capital [11]. - Since taking control in 2019, Cao Delin has attempted to transfer control three times, all of which have failed, indicating ongoing challenges in the company's strategic direction and financial stability [12][13].

Core Viewpoint - Yonghe Intelligent Control announced the termination of a control change transaction involving its major shareholder, Cao Delin, due to non-payment by Hangzhou Runfeng Intelligent Equipment Co., Ltd. [1][5] Group 1: Control Change Announcement - On August 6, Yonghe Intelligent Control disclosed a control change plan, which led to a stock price surge and subsequent drop, closing down 5.8% on the same day [2][4] - The control change involved the transfer of 35.66 million shares (8% of total shares) from Cao Delin to Hangzhou Runfeng at a price of 8.9736 yuan per share, totaling 320 million yuan [3][4] Group 2: Payment Issues - The transaction was terminated because Hangzhou Runfeng failed to pay the initial transfer amount of 20 million yuan by the agreed deadline [5][6] - The agreement stipulated that if the payment was not made within the specified timeframe, the transfer agreement would be deemed invalid and automatically terminated [5][6] Group 3: Market Reaction and Financial Performance - Following the announcement of the control change, Yonghe Intelligent Control's stock experienced a significant decline, with a cumulative drop of 15% over five trading days [7] - The company has been facing continuous losses, with a projected net loss of 294 million yuan for 2024, primarily from its main business in household plumbing valves and fittings [7]

Core Viewpoint - Yonghe Intelligent Control announced the termination of the control change, which was previously disclosed, leading to a significant stock price fluctuation [1][3]. Group 1: Control Change Announcement - On August 12, Yonghe Intelligent Control received a notice from its controlling shareholder, Cao Delin, indicating the termination of the share transfer agreement signed on August 5, 2025, with Hangzhou Runfeng Intelligent Equipment Co., Ltd. [1][4]. - The share transfer involved 35.66 million shares (8% of total shares) at a price of 8.9736 yuan per share, totaling 320 million yuan [4][5]. Group 2: Stock Price Reaction - Following the announcement of the control change on August 6, the stock price of Yonghe Intelligent Control hit the daily limit up on August 5 but plummeted by 5.8% on August 6 after opening high [3][5]. - The stock experienced a continuous decline over the next five trading days, with a cumulative drop of 15% [9]. Group 3: Financial Performance - Yonghe Intelligent Control's main business includes the production of household water heating valves and fittings, contributing approximately 85% to revenue, while tumor precision radiation therapy contributes less than 15% [9]. - The company has been experiencing continuous losses over the past three years, with a projected net profit loss of 294 million yuan for 2024 [9][10].

Core Viewpoint - The announcement details the termination of a share transfer agreement between the controlling shareholder, Cao Delin, and Hangzhou Runfeng Intelligent Equipment Co., Ltd., which was intended to change the control of Yonghe Fluid Intelligent Control Co., Ltd. [1][2] Summary by Sections Overview of Share Transfer Agreement - Cao Delin intended to transfer 35,660,326 shares, representing 8.00% of the total shares, to Hangzhou Runfeng at a price of 8.9736 yuan per share, totaling approximately 320 million yuan [1]. Termination of Share Transfer Agreement - The share transfer agreement was terminated because Hangzhou Runfeng failed to pay the initial transfer amount within the agreed timeframe, rendering the agreement void and without binding effect on both parties [2][3]. Impact on the Company - The termination of the share transfer and voting rights delegation does not harm the interests of the company or other shareholders and will not affect the company's independence, governance structure, or ongoing operations [3]. Other Relevant Information - As of the announcement date, Cao Delin and his concerted parties hold 46,732,034 shares, accounting for 10.49% of the total share capital, ensuring that there is no change in the company's control [3].

Core Viewpoint - The proposed change of control at Yonghe Intelligent Control has been abruptly terminated due to the failure of Hangzhou Runfeng to fulfill payment obligations under the share transfer agreement [1][2] Group 1: Share Transfer Agreement - On August 5, a share transfer agreement was signed between Cao Delin and Hangzhou Runfeng, where Cao intended to transfer 35.66 million shares (8% of total shares) at approximately 8.97 yuan per share, totaling 320 million yuan [1] - The agreement included a voting rights delegation agreement, which would have resulted in a change of controlling shareholder from Cao Delin to Sun Rongxiang [1] - The transfer was contingent upon Hangzhou Runfeng making an initial payment of 20.01 million yuan, which was not completed, leading to the automatic invalidation of the agreement [2] Group 2: Company Control and Ownership - As of the announcement date, Cao Delin and his associates held 46.73 million shares, representing 10.49% of the total share capital, indicating that control remains unchanged [2] - The termination of the share transfer agreement ensures that Cao Delin continues as the controlling shareholder and actual controller of Yonghe Intelligent Control [2] Group 3: Company Background and Business Segments - Yonghe Intelligent Control was founded in 2003 and listed on the Shenzhen Stock Exchange in April 2016, initially focusing on fluid control equipment [2] - In 2019, the company expanded into the medical sector with a focus on precision radiation therapy for tumors [2] - In December 2022, Yonghe Intelligent Control became a controlling shareholder of Puluo New Energy Technology (Taixing) Co., Ltd., entering the photovoltaic industry, and currently operates in three main sectors: valves, medical, and photovoltaic [2] Group 4: Financial Performance - The company has projected a net loss of 30 million to 56 million yuan for the first half of 2025, indicating ongoing financial challenges [2]

永和智控表示，本次终止股份协议转让、表决权委托不存在损害公司或其他股东利益的情形，不会对公 司人员、资产、财务、业务、机构等方面的独立性产生影响，不会对公司治理结构及持续经营产生影 响。 交易行情显示，截至8月12日收盘，永和智控股价报5.53元/股，总市值约24.65亿元。 北京商报讯（记者 马换换 实习记者 李佳雪）8月12日晚间，永和智控（002795）披露公告称，公司于 近日收到控股股东、实际控制人曹德莅的《告知函》，获悉其于8月5日签署的《股份转让协议》、《付 款期限变更确认书》、《补充协议》，暨公司控制权拟发生变更事项的相关交易终止。 公告显示，近日，永和智控收到控股股东、实际控制人曹德莅发来的《告知函》，因在曹德莅多次催促 下，杭州润锋智能装备有限责任公司（以下简称"杭州润锋"）仍未在协议约定期限内支付首期股份转让 款约2000.15万元，至曹德莅指定收款账户，未履约。根据《股份转让协议》、《付款期限变更确认 书》约定，转让协议自始无效，且自动解除，对双方自始无约束力。杭州润锋分别与曹德莅、夏祖望签 署的《表决权委托协议》，根据协议约定，若《股份转让协议》解除/终止，《表决权委托协议》自动 失效 ...