4年亏了4.5亿，“童装第一股”或将易主

Core Viewpoint - Anner, the first children's clothing stock in A-shares, announced a suspension of trading due to a significant uncertainty regarding the change of control of the company, with the suspension expected to last no more than two trading days [1]. Group 1: Company Control Change - The controlling shareholders, Cao Zhang and Wang Jianqing, plan to transfer 13.03% of the company's shares to a counterparty, allowing the counterparty to gain control of the company [1]. - The counterparty primarily engages in investment management, but the specific transfer ratio and implementation plan are still under discussion [1]. Group 2: Company Background and Financial Performance - Anner was founded in 1996 by Cao Zhang and Wang Jianqing, initially as "Anier Children's Clothing Store," and later established the brand "Annil" focusing on mid-to-high-end children's clothing [1]. - The company went public in 2017, becoming the first children's clothing stock in A-shares, with revenues of 1.213 billion and 1.327 billion in 2018 and 2019, reflecting growth rates of 17.56% and 9.41% respectively [3]. - Anner entered a loss state in 2020, with cumulative losses exceeding 450 million from 2021 to 2024, reporting net profits of -3.029 million, -23.7 million, -9.955 million, and -115 million respectively [3]. - In the first quarter of 2025, Anner reported revenues of 144 million and a net profit of -8.333 million, indicating no signs of performance improvement [7]. - The controlling shareholders, Cao Zhang and Wang Jianqing, hold 19.13% and 8.25% of the shares respectively, totaling 27.38% [7].