WSBE(SH:600421) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-05-14 22:57Summary of Key Points Core Viewpoint - The company is experiencing significant stock price fluctuations and has recently engaged in a major acquisition, which may impact its financial stability and market perception [1][2][3][4]. Group 1: Stock Performance and Risk - The company's stock price increased by over 12% cumulatively over three consecutive trading days from May 9 to May 13, 2025, leading to a classification of abnormal trading activity [1]. - Following this, the stock continued to hit the daily limit up on May 14, 2025, prompting a cautionary note for investors regarding market risks [1]. Group 2: Financial Performance - For the fiscal year 2024, the company reported a net profit of negative value after deducting non-recurring losses, with operating revenue falling below 300 million yuan when excluding unrelated business income [2]. - In the first quarter of 2025, the company recorded total revenue of 20.0452 million yuan, with a net loss attributable to shareholders of 1.0361 million yuan, and a net loss of 994,400 yuan after excluding non-recurring losses [2]. Group 3: Acquisition Details - On May 6, 2025, the company approved the acquisition of a 34% stake in Zhejiang Zhuangchen Construction Technology Co., Ltd., intending to pay in cash for the shares held by two investment partnerships [3]. - The company will hold an 85% stake in Zhejiang Zhuangchen after the completion of this acquisition, which has been officially recorded with the relevant authorities [4]. - The company has already paid 50% of the acquisition price to the sellers as per the share transfer agreement, and the necessary changes to the business license have been completed [4].