停牌！300486，国资“抽身”

Core Viewpoint - Dongjie Intelligent is planning a change in control, which may lead to a change in its actual controller, as announced on August 19 [1][3][6]. Group 1: Control Change Announcement - Dongjie Intelligent's controlling shareholder, Zibo Jiangtu Hengsong Holdings Co., Ltd., is in the process of planning a change in the company's control [1][3]. - The stock and convertible bonds of Dongjie Intelligent will be suspended from trading starting August 20, with an expected suspension period of no more than two trading days [2][5]. - As of August 19, Dongjie Intelligent's stock price was 23.03 yuan per share, with a market capitalization of 10.37 billion yuan [2]. Group 2: Shareholding Structure - Zibo Jiangtu directly holds 29.35% of Dongjie Intelligent's shares, making it the controlling shareholder [6]. - The actual controller of Dongjie Intelligent is currently the Zibo Municipal Finance Bureau [6]. - The change in control may also involve a change in the controlling shareholder, as Zibo Financial Holding Group Co., Ltd. plans to transfer 99% of its fund shares in Zibo Zhanheng Hongsong Equity Investment Fund Partnership [7][9]. Group 3: Financial Performance - Dongjie Intelligent has experienced a decline in performance since Zibo Jiangtu took control in December 2021, with revenues dropping from 1.143 billion yuan in 2022 to 807 million yuan in 2024 [10]. - The net profit attributable to shareholders has also decreased significantly, with losses reported in 2023 and 2024 [10][13]. - The company anticipates further losses in 2024 due to weak demand from downstream customers, intensified industry competition, and cost overruns on certain projects [13].