Core Viewpoint - The controlling shareholder of Luoping Zinc & Electricity is planning to change the company's control, leading to a suspension of its stock trading starting May 28 [3][4][6]. Group 1: Control Change Announcement - Luoping Zinc & Electricity announced that its controlling shareholder, Luoping Zinc & Electricity Company, is planning to transfer 72,427,600 shares, representing 22.396% of the total share capital, to Qujing Development Investment Group Co., Ltd. This transfer requires approval from the relevant state-owned asset regulatory authorities [4]. - The company has applied for a stock suspension to ensure fair information disclosure and avoid abnormal stock price fluctuations, with the suspension expected to last no more than two trading days [6]. Group 2: Shareholding Structure - As of the end of the first quarter, Luoping Zinc & Electricity Company held 88,597,600 shares, accounting for 27.4% of the total share capital [8]. - The top shareholders include Huaron Jinshang Asset Management Co., Ltd. with 5,155,444 shares (1.59%), and other smaller shareholders [9]. Group 3: Financial Performance - In the first quarter, Luoping Zinc & Electricity reported total revenue of 185 million yuan, a year-on-year decrease of 53.55%, and a net profit attributable to shareholders of -45.0088 million yuan, down 52.44% year-on-year [10]. - The company's long-term performance has been under pressure, with total revenue declining from 1.85 billion yuan in Q1 2023 to 12.6 billion yuan in 2024, reflecting a significant downward trend [11]. Group 4: Market Position - As of May 27, the stock price of Luoping Zinc & Electricity was 7.19 yuan per share, with a total market capitalization of 2.3 billion yuan [12].
控制权拟变更,停牌!
Zhong Guo Ji Jin Bao·2025-05-27 13:09