Core Viewpoint - Yihuatong, known as the "first hydrogen stock," announced the termination of its planned acquisition of 100% equity in Danzhou Xuyang Hydrogen Energy Co., Ltd. due to a lack of consensus among transaction parties, prioritizing the long-term interests of the company and its investors [1][5]. Group 1: Transaction Details - The company initially planned to acquire Xuyang Hydrogen Energy and raise up to 550 million yuan through a share issuance [5]. - The termination of the transaction is not expected to have a significant adverse impact on the company's operations or financial status [4][6]. - The company has been actively disclosing progress related to the transaction since the initial announcement, with multiple updates provided throughout the year [6]. Group 2: Company Operations and Financials - Yihuatong's business operations remain normal, and the termination of the acquisition will not harm the interests of the company or minority shareholders [4]. - As of September 5, the company's stock closed at 24.81 yuan per share, with a total market capitalization of 5.7 billion yuan [4]. - In the first half of the year, the company reported revenue of 71.93 million yuan, a year-on-year decline of 53.25%, and a net loss attributable to shareholders of 163 million yuan, worsening from a loss of 141 million yuan in the same period last year [10]. Group 3: Personnel Changes - The company announced the departure of core technical personnel, Yang Shaojun, who left for personal reasons, with no impact on the ownership of patents developed during his tenure [7][9]. - The company has stated that the remaining technical team is capable of supporting ongoing innovation and that the departure will not affect its technological advantages or operational capabilities [9][10].
“氢能第一股”,终止重大资产重组
Zhong Guo Zheng Quan Bao·2025-09-05 15:57