GUANGHUI ENERGY(SH:600256) 2 1 Shi Ji Jing Ji Bao Dao·2025-06-24 06:54Core Viewpoint - Alloy Investment (000633.SZ) announced plans for a change in control and applied for a temporary suspension of trading due to the potential transfer of 20.74% of its shares held by its controlling shareholder, Guanghui Energy [2][11]. Group 1: Company Announcement - Alloy Investment received notification from Guanghui Energy regarding the planned transfer of its shares, which may lead to a change in control of the company [2]. - The transaction's main counterpart is Jiuzhou Hengchang Logistics Co., Ltd., which specializes in multimodal transport and logistics services [2]. - The announcement indicates that the matter is still in the planning stage and no agreements have been signed, leading to uncertainty [2]. Group 2: Market Reaction - On June 23, prior to the announcement, Alloy Investment's stock closed at its daily limit of 6.15 yuan per share, with a total market capitalization of 2.368 billion yuan [3]. Group 3: Jiuzhou Hengchang Logistics - Jiuzhou Hengchang, established in 2013, focuses on logistics services for bulk energy commodities, with total assets nearing 4 billion yuan and annual revenue exceeding 3.5 billion yuan [5]. - The company has initiated the process for an A-share listing, with investments from ProLogis and Tebian Electric Apparatus [6]. - Jiuzhou Hengchang previously attempted an IPO but faced regulatory feedback and has not made significant progress since updating its prospectus in June 2021 [8]. Group 4: Alloy Investment Background - Alloy Investment, listed since 1996, is a key producer of nickel-based alloy materials and has a revenue of approximately 200 million yuan annually [11]. - Guanghui Energy acquired control of Alloy Investment in July 2022 through a share purchase agreement, acquiring 20% of the company for 750 million yuan [11]. - In 2024, Alloy Investment is projected to achieve revenues of about 277 million yuan, a year-on-year increase of 18.51%, and a net profit of approximately 11.68 million yuan, reflecting a 100.78% increase [13].