WSBE(SH:600421) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-08-15 03:40Core Viewpoint - The announcement highlights the ongoing acquisition process of Hubei Huaron Holdings Co., Ltd. by Hainan Bocheng Huineng Technology Center, which faces significant uncertainties regarding the completion of the transaction due to the lack of prepared funds and necessary documentation [2][8]. Group 1: Stock Trading Anomalies - The company's stock experienced a cumulative price deviation of 12% over three consecutive trading days from August 12 to August 14, 2025, indicating abnormal trading activity [4][11]. - The stock has been under a delisting risk warning since April 29, 2025, due to negative net profit and low operating revenue [3][11]. Group 2: Acquisition Details - Zhejiang Hengshun Investment Co., Ltd. and its acting party Shanghai Tianji Investment Co., Ltd. signed a share transfer agreement to sell 25.01% of Hubei Huaron's shares to Hainan Bocheng for a cash consideration of 450.4129 million yuan [2][8]. - As of the announcement date, the acquiring party has not prepared the necessary funds or completed the required detailed equity change report [2][8]. Group 3: Company Operations and Financial Health - The company reported a projected net loss of 4 million to 2.7 million yuan for the first half of 2025, with a net profit excluding non-recurring items expected to be between -4.2 million and -2.8 million yuan [3][11]. - A self-inspection confirmed that the company's operations are normal, and there have been no significant changes in the external business environment [5][10]. Group 4: Regulatory Compliance - The company is actively addressing the regulatory inquiries from the Shanghai Stock Exchange regarding the share transfer and control change, with a response expected by August 21, 2025 [17]. - The company has confirmed that there are no undisclosed significant matters or information that could impact its stock price [10][12].