CMES(601872) 搜狐财经·2025-05-28 02:22Core Viewpoint - The restructuring and spin-off plan of China Merchants Energy Shipping Company has been terminated, leading to a slight increase in its stock price by 0.17%, while the stock price of Antong Holdings dropped by 5.03% [1]. Group 1: Announcement Details - On May 27, both China Merchants Energy Shipping and Antong Holdings announced the termination of their restructuring plan, which involved the spin-off of subsidiaries China Merchants Jinling and China Merchants Roll-on Roll-off through a share issuance by Antong Holdings [2]. - The reason for the termination was attributed to the lack of consensus on transaction terms among the parties involved and changes in market conditions and the actual situation of the target companies since the initial planning [2]. - Antong Holdings stated that the termination would not have a significant adverse impact on its operational and financial status, nor would it harm the interests of the company and minority shareholders [2]. Group 2: Impact on Operations - China Merchants Energy Shipping indicated that the termination of the spin-off is not expected to negatively affect shareholder interests or the company's existing operations and financial status [2]. - Both companies affirmed that their strategic planning and operational activities would remain unaffected by the termination of the restructuring [2]. - A representative from Antong Holdings confirmed that the termination would not impact the cooperative relationship with China Merchants, which has been ongoing [3]. Group 3: Background Information - Prior to the termination announcement, investors had inquired about the restructuring progress, including issues related to valuation and market management [5]. - The spin-off was intended to create a focused public platform for container shipping logistics for China Merchants Energy Shipping [5]. - Antong Holdings has established a comprehensive business network covering coastal and inland areas, with a total container throughput exceeding 13.7 million TEU in 2023, ranking among the top in several domestic ports [5].