净利润持续下降，邦基科技大手笔收购能否止跌

Group 1 - Shandong Bangji Technology Co., Ltd. announced plans to acquire 100% equity of six companies and 80% of another company through a combination of share issuance and cash payment [1] - The company reported revenues of 1.658 billion, 1.647 billion, and 2.542 billion yuan for 2022, 2023, and 2024 respectively, with net profits of 120 million, 83.89 million, and 50.13 million yuan [1] - The company has faced a situation of "increased revenue but decreased profit" in recent years, attributed to low capacity utilization and rising fixed costs [1] Group 2 - The feed industry is maturing, with large enterprises extending their industrial chains through mergers and acquisitions, while some companies are shifting production capacity to self-use due to changes in the breeding market [2] - Bangji Technology is actively pursuing strategic adjustments, including acquisitions of other feed companies to expand its business [2] - The planned acquisition marks Bangji Technology's entry into the pig fattening industry, with one of the target companies planning to invest 2 billion yuan to build modern breeding bases [3] Group 3 - In the first quarter of this year, Bangji Technology achieved revenues of 1.076 billion yuan, a year-on-year increase of 160.84%, and a net profit of 28 million yuan, up 37.71% year-on-year, indicating a recovery in performance [3] - The company is expected to release a detailed acquisition plan within 10 working days during the suspension period [3] - The success of the acquisition could significantly impact Bangji Technology's revenue growth, especially following the recovery of pig prices in the second quarter of last year [3]