“元芳”不仅看，而且干？重组公告发布前“李元芳”突现十大股东名单！

Core Viewpoint - Shaoyang Hydraulic (301079) has announced a major asset restructuring plan, revealing significant changes in shareholder composition and stock price movements prior to the announcement [1][19]. Shareholder Changes - A new investor named "Li Yuanfang" has emerged as the fifth largest shareholder, holding 724,200 shares, which is 0.66% of the total share capital. This investor was not listed in the previous quarterly report [1][4]. - Another shareholder, "Cao Kangseng," is now the seventh largest shareholder with 537,750 shares, representing 0.49% of the total share capital [3][5]. - Notably, foreign entities Morgan Stanley & Co. International PLC and UBS AG were absent from the latest shareholder list [3][5]. Stock Price Movements - On the trading day before the announcement, Shaoyang Hydraulic's stock price rose by 11.93%, closing at 31.90 CNY per share, compared to 28.50 CNY per share 21 trading days prior [9][19]. - The stock's performance was contrasted with the broader market, where the ChiNext Index fell by 1.74% and the CITIC Machinery Index dropped by 2.62% during the same period [9]. Financial Performance - Shaoyang Hydraulic reported a revenue of 276 million CNY in 2023, a decrease of 8.32% year-on-year, and a net profit of 6.58 million CNY, down 86.88% [16]. - For 2024, the company expects a revenue increase to 351 million CNY, a rise of 27.33%, but a slight decline in net profit to 6.40 million CNY, down 2.76% [16][18]. - The company ranks 142nd out of 213 in total market capitalization within its industry, indicating a relatively weak financial position compared to peers [18]. Asset Acquisition - The target company for the acquisition, Chongqing Xincheng Hangrui Technology Co., Ltd., reported revenues of 353.23 million CNY and 346.65 million CNY for 2023 and 2024, respectively, with net profits of 43.51 million CNY and 30.23 million CNY [14][15]. - The acquisition aims to create synergies and enhance the company's supply chain [14]. Confidentiality Measures - Shaoyang Hydraulic has stated that it has implemented necessary measures to prevent information leakage regarding the asset restructuring and has adhered to confidentiality obligations [10][19].