纵腾网络欲借壳*ST绿康？A股或诞生“跨境物流第一股”

Core Viewpoint - The cross-border logistics unicorn, Zongteng Network, has become the controlling shareholder of the listed company Green康生化 through a significant asset acquisition, raising speculation about a potential "backdoor listing" in the capital market [2][7]. Group 1: Acquisition Details - Green康生化 announced the transfer of 29.99% of its shares to Zongteng Network, making it the controlling shareholder with a total payment of approximately 639.93 million yuan for 46,608,397 shares at a price of 13.73 yuan per share [5][6]. - The actual controller of Green康生化 has changed from Lai Tanping to Wang Zuan, the founder of Zongteng Network [5]. Group 2: Company Background - Green康生化, established in 2003 and listed in May 2017, focuses on the research, production, and sales of veterinary drugs. However, it has faced continuous operational challenges since its IPO, leading to four consecutive years of losses starting in 2021 [6]. - The company has diversified into the photovoltaic film business since 2022, creating a dual business model of "veterinary drugs + photovoltaics" [6]. Group 3: Zongteng Network Overview - Zongteng Network, founded in 2009, is a leading player in cross-border e-commerce logistics and serves major platforms like Amazon, eBay, TikTok, SHEIN, and Walmart. It has received significant investments from various institutions, achieving a market valuation exceeding 50 billion yuan [7]. - As of 2024, Zongteng Network reported annual revenue of 27.1 billion yuan and a net profit of 1.12 billion yuan, and it has been recognized as one of the "Top 500 Service Enterprises in China" for three consecutive years [7].