少见！终止北交所上市！业绩持续下滑，辅导机构曾于一月前“预警”

Core Viewpoint - The termination of the guidance agreement between Anhui Smite New Materials Co., Ltd. and Kaiyuan Securities is primarily due to the company's declining financial performance, which has not met the requirements for public listing [3][4][7]. Financial Performance - In 2024, Anhui Smite reported a revenue of 132 million yuan, a decrease of 13.20% compared to the previous year, attributed to intensified market competition and declining product prices [4]. - The net profit attributable to shareholders was -4.34 million yuan, and the net profit after deducting non-recurring gains and losses was -7.32 million yuan, indicating negative operating performance [4][5]. - The company has not met the listing application requirements due to its negative financial results [5][9]. Guidance and Support - The guidance team maintained communication with the company's management to address the declining revenue and negative performance, focusing on industry conditions, competition, and pricing [5]. - The guidance team aimed to assist the company in developing strategies to enhance its core competitiveness and marketing capabilities [5][6]. - Despite ongoing support, the guidance team indicated that if the company's performance did not improve by 2025, they would advise terminating the guidance [5][9]. Company Background - Anhui Smite was established in August 2009 and specializes in the research, production, and sales of various sealants and additives [7][8]. - The company was listed on the New Third Board in February 2021 and signed a guidance agreement with Kaiyuan Securities in September 2022 to initiate the IPO process on the Beijing Stock Exchange [7].