亚邦股份连亏六年 拟剥离租赁资产纾困

Core Viewpoint - The company, Aybon Co., Ltd. (603188.SH), is selling its 100% stake in Lianyungang Yaren Housing Rental Co., Ltd. to alleviate financial pressure and optimize asset structure amid ongoing losses and industry challenges [1][6]. Group 1: Financial Performance - Aybon Co. has reported continuous losses for six years, with a cumulative net loss of 2.764 billion yuan from 2019 to 2024 [2][3]. - The company's revenue from 2019 to 2024 has shown significant fluctuations, with figures of 1.421 billion yuan, 653 million yuan, 841 million yuan, 966 million yuan, 651 million yuan, and 701 million yuan respectively [2]. - In 2024, Aybon Co. achieved a revenue of 701 million yuan, representing a year-on-year increase of 7.80%, while the net loss was reduced to 265 million yuan, a decrease of 313 million yuan compared to 2023 [3]. Group 2: Industry Challenges - The company has faced significant operational challenges due to environmental safety issues leading to production halts, increased competition in the dyeing industry, and low downstream demand [3][4]. - The domestic dye market is characterized by intense competition and a concentrated regional structure, which has put pressure on all dye manufacturers [3]. Group 3: Asset Sale and Strategic Moves - The sale of the housing rental subsidiary is seen as a necessary step to address liquidity issues and optimize the asset structure, with the sale price set at 71.8769 million yuan, providing a premium of approximately 23.67 million yuan [6][7]. - The company has previously sold other subsidiaries to reduce management costs and risks associated with idle assets, indicating a strategic focus on core operations [7]. - The recent change in ownership structure, with the state-owned Guojing Group becoming the controlling shareholder, is expected to bring new resources and strategic direction to the company [4].