复牌！002828，拟易主！

Core Viewpoint - Beiken Energy plans to issue up to 54 million shares to its chairman Chen Dong at a price of 6.59 yuan per share, which will result in a change of control from Chen Pinggui to Chen Dong, who will hold 21.18% of the shares post-issuance [2][4]. Group 1: Share Issuance and Control Change - The share issuance is expected to be completed by May 8, with the company's stock price at 8.23 yuan per share and a total market capitalization of 1.654 billion yuan as of April 25 [2]. - Prior to the issuance, Chen Pinggui held 15.17% of the shares, which will decrease to 11.95% after the transaction [8]. - Chen Dong, born in November 1983, has held various positions in Beiken Energy since 2021 and has been the chairman since May 2022 [8]. Group 2: Financial Implications - The planned issuance aims to raise up to 356 million yuan, which will be used to supplement working capital and repay debts, thereby reducing financial risk [11][12]. - Beiken Energy's revenue is primarily derived from drilling engineering and technical services, necessitating significant working capital [12]. - The company's debt-to-asset ratios from 2022 to 2025 are 69.47%, 68.16%, 62.30%, and 59.55%, respectively, indicating a gradual decrease in leverage [13]. - The net profit attributable to shareholders for the years 2022 to 2024 shows a recovery trend from a loss of 319 million yuan in 2022 to a profit of 4.32 million yuan in 2024 [15].