Yibin paper(600793) 证券时报网·2024-12-17 06:50Core Viewpoint - Yibin Paper (600793) experienced significant stock volatility, with a recent surge followed by a sharp decline, indicating potential market instability and investor caution [1] Group 1: Stock Performance - The stock opened with a limit increase and then experienced a drastic drop, ultimately hitting the limit down, with a trading volume exceeding 1.2 billion yuan and a turnover rate over 26% [1] - The stock had previously achieved a consecutive seven-day limit increase, resulting in a cumulative rise of 94.82% [1] - On December 13, the stock's turnover rate was reported at 19.39%, indicating high trading activity [1] Group 2: Acquisition Plans - The company plans to acquire a 67% stake in Sichuan Pushi Acetate Fiber Co., Ltd. from its related party, Sichuan Yibin Pushi Group Co., Ltd. [1] - As of July 31, 2024, the audited financial data shows that the target company has total liabilities of 971.12 million yuan and a debt-to-asset ratio of 88.31% [1] - The acquisition is subject to approval from the company's shareholders' meeting and other regulatory procedures, introducing uncertainty regarding its implementation [1] Group 3: Financial Performance - The company reported a net loss attributable to shareholders of 12.97 million yuan for the third quarter of 2024, with a non-recurring net profit loss of 14.56 million yuan [1] - As of the end of the third quarter, total liabilities amounted to 1.943 billion yuan, with a debt-to-asset ratio of 81.19% [1] - Investors are advised to be aware of the operational performance risks associated with the company [1]