Ge Long Hui·2025-05-28 04:31Group 1 - The core viewpoint of the news is the announcement of control changes in two A-share listed companies, Luoping Zinc & Electricity and *ST Dongjing, leading to their stock suspension starting May 28 [1][10] - Luoping Zinc & Electricity's controlling shareholder plans to transfer 72.43 million shares (22.396% of total shares) to Qujing Development Investment Group, which will change the actual controller from the county-level state-owned assets supervision to the city-level [7][13] - The company has faced significant operational challenges, with a projected revenue decline of 18% to 1.26 billion yuan in 2024 and a net loss of 78.85 million yuan [7][9] Group 2 - The involvement of city-level state-owned assets may provide financial support, debt restructuring, or resource injection to improve the company's operations, especially in the context of zinc price fluctuations and insufficient self-sufficiency [9] - *ST Dongjing is negotiating control transfer with equity investment institutions, with the new actual controller expected to hold 25%-29.99% of shares, indicating potential asset restructuring or business transformation [10][14] - The company reported a 16.71% revenue increase in the first quarter but still incurred a loss of 14.72 million yuan, facing delisting risk due to consecutive losses [10][14] Group 3 - Luoping Zinc & Electricity has diversified into agriculture, investing 260 million yuan in a rapeseed industry chain project, aiming to create a new profit growth point [12] - The dual-track model of "metals + agriculture" is seen as unique among listed companies, leveraging local resource advantages while mitigating cyclical industry risks [12] - The current control changes reflect broader trends in the capital market, with local state-owned assets optimizing resource allocation through cross-level integration [13][14]