AVIT(SZ:300264) Zheng Quan Zhi Xing·2025-08-10 08:15Summary of Key Points Core Viewpoint - Shenzhen Jiachuan Video Technology Co., Ltd. is undergoing a change in control, with significant uncertainty regarding the finalization of the agreement and the potential impact on the company's stock price [1][2]. Group 1: Suspension of Trading - The company announced a suspension of its stock trading starting August 4, 2025, due to the planned change in control by the major shareholder, Chen Kunjiang [1]. - The suspension aims to ensure fair information disclosure and protect investor interests amid the uncertainty surrounding the control change [1]. Group 2: Progress of Control Change - A framework agreement for the change of control has been signed, where the major shareholder plans to transfer 20,062,441 shares, representing 25% of their holdings and 4.6564% of the total share capital of the company [2]. - The major shareholder will also delegate voting rights of the remaining 60,187,324 shares (13.9692% of total shares) to the new controlling parties [2]. - The company plans to issue shares to specific investors to enhance liquidity, with a total amount not exceeding 354,229,513.20 yuan, after deducting issuance costs [2][3]. Group 3: Due Diligence and Agreements - The parties involved will conduct due diligence within 30 days, with the major shareholder responsible for coordinating the necessary materials for the investigation [3]. - A formal share transfer agreement and voting rights delegation agreement are expected to be signed within 30 days after the framework agreement [3]. Group 4: Impact on Company Operations - The change in control may lead to adjustments or termination of previously approved stock issuance plans and related transactions, which could affect the interests of the company and minority shareholders [4]. - The company will ensure compliance with relevant procedures and regulations during this transition [4].