VITI(SH:603023) Zheng Quan Shi Bao Wang·2025-05-30 11:41Core Viewpoint - Weidi Co., Ltd. has successfully removed the delisting risk warning and is set to enter a new development phase following its strategic acquisition of a controlling stake in Alpha Silicon, marking its entry into the passenger vehicle electronics sector [2][3]. Group 1: Delisting Risk and Stock Changes - Weidi Co., Ltd. announced the removal of the delisting risk warning, changing its stock name from "*ST Weidi" to "Weidi Co., Ltd." while retaining the stock code "603023" [2]. - The stock will be suspended for one day on June 3, 2025, and will resume trading on June 4, 2025, with the daily price fluctuation limit increasing from 5% to 10% [2]. - The company has met the criteria for the removal of the delisting risk warning as per the Shanghai Stock Exchange regulations [2]. Group 2: Financial Performance - In the 2024 annual report, Weidi Co., Ltd. reported a turnaround with revenue of 65.2357 million yuan, representing a year-on-year growth of 23.1%, and a net profit attributable to shareholders of 5.0555 million yuan [2]. Group 3: Strategic Acquisition - In December 2024, Weidi Co., Ltd. completed a significant strategic acquisition by acquiring 51% of Alpha Silicon, becoming its controlling shareholder [3]. - This acquisition allows Weidi Co., Ltd. to enter the passenger vehicle electronics market, providing products such as central display screens and instrument panels primarily for Chery New Energy [3]. - The removal of the delisting risk warning, combined with the strategic move into the passenger vehicle sector, positions Weidi Co., Ltd. for a promising growth trajectory in 2025 [3].