扣非净利降4年的线上线下谋变 IPO折戟的深蕾科技入主

Core Viewpoint - The company "线上线下" has resumed trading with its stock price rising following the announcement of a share transfer agreement with "深蕾科技", which will result in 深蕾科技 becoming the controlling shareholder of 线上线下 [1][2] Group 1: Share Transfer Details - The controlling shareholders of 线上线下, 汪坤 and 门庆娟, along with 无锡峻茂, will transfer a total of 10,706,199 shares to 深蕾科技, representing 13.32% of the total share capital [1][3] - After the transfer, 深蕾科技 will hold 10,706,199 shares, making it the controlling shareholder, while 汪坤, 门庆娟, and 无锡峻茂 will collectively relinquish voting rights for 32,118,605 shares, which is 39.96% of the total share capital [1][3] Group 2: Financial Commitments and Performance - The share transfer agreement includes performance commitments, requiring the company to achieve a total audited revenue of at least 100 million yuan and a net profit of at least 2 million yuan for the years 2025 and 2026 [4] - The company's net profit has been declining for four consecutive years, with figures of 83 million yuan in 2020, 85 million yuan in 2021, 50 million yuan in 2022, 26 million yuan in 2023, and 30 million yuan in 2024 [4] Group 3: Financial Data Overview - For 2024, the company's revenue is projected at approximately 1.14 billion yuan, a decrease of 23.37% compared to 2023 [5] - The net profit attributable to shareholders for 2024 is estimated at around 30.46 million yuan, reflecting a 15.44% increase from the previous year [5] - The net profit excluding non-recurring gains and losses is expected to drop significantly to about 4.23 million yuan, a decrease of 75.21% compared to 2023 [5] Group 4: Historical Context and Market Activity - 线上线下 was listed on the Shenzhen Stock Exchange on March 22, 2021, with an initial public offering price of 41 yuan per share, reaching a peak of 129 yuan on its first trading day [6] - The company raised a total of 820 million yuan during its IPO, with net proceeds of approximately 749.59 million yuan after deducting issuance costs [7]