WISCOM(SZ:002090) Zhong Guo Jing Ji Wang·2025-07-23 06:50Core Viewpoint - Jinzhitech (002090.SZ) has resumed trading and experienced a significant drop, reaching a limit down of 10.03% at 9.96 yuan per share following the announcement of a change in control due to a share transfer agreement [1][2]. Group 1: Share Transfer Agreement - The controlling shareholder, Jiangsu Jinzhigroup Co., Ltd. (Jinzhigroup), signed a share transfer agreement with Nanjing Zhidi and Zhejiang Zhiyong, transferring 64,132,389 shares, which represents 16.01% of the total share capital [2][3]. - The share transfer includes 36,372,398 shares (9.08%) to Nanjing Zhidi and 27,759,991 shares (6.93%) to Zhejiang Zhiyong, with a total transaction value of 705,456,279 yuan, translating to a per-share price of 11 yuan [3][4]. Group 2: Change in Control - After the completion of the share transfer, Jinzhigroup will no longer be the controlling shareholder, and Nanjing Zhidi will assume this role, with Zhao Dan and Xiao Ming becoming the actual controllers of the company [3][5]. - Nanjing Zhidi and Zhejiang Zhiyong have signed a concerted action agreement, ensuring they act in unison as shareholders of Jinzhitech [6]. Group 3: Financial Performance - For Q1 2025, Jinzhitech reported a revenue of 311.46 million yuan, a decrease of 22.56% year-on-year, and a net profit attributable to shareholders of 15.30 million yuan, down 19.81% [7][8]. - The net cash flow from operating activities was -49.92 million yuan, showing a significant improvement of 73.84% compared to the previous year's -190.81 million yuan [8].