ST威尔收购紫燕机械49%股权：保壳压力下的自救？账面现金近乎被“掏空”

Group 1 - *ST 威尔 plans to acquire 49% equity of its subsidiary, Ziyan Machinery, for 42.49 million yuan, aiming for 100% control after the transaction [1] - Ziyan Machinery reported a net profit of 15.78 million yuan and a net asset of 86.71 million yuan for 2024 [1] - The acquisition will allow *ST 威尔 to consolidate Ziyan Machinery's profits, increasing its net profit by 7.73 million yuan for 2024, although it will not eliminate the overall loss [1] Group 2 - The acquisition has raised market concerns about a potential "shell-like" transaction, as *ST 威尔 is attempting to gain control over Zijiang New Materials through cash acquisition [2] - Following the acquisition, Zijiang Enterprises' stake in Zijiang New Materials will decrease to 35.94%, while 威尔泰 will become the largest shareholder with a 40% stake [2] - Prior to the restructuring announcement on December 18, 2024, 威尔泰's stock price experienced a significant increase, raising suspicions of insider trading due to the overlap with the location of Zijiang Group's headquarters [2]