停牌前涨停，复牌后大跌！新大正再收购布局

Core Viewpoint - New Dazheng has announced a major asset restructuring plan to acquire 75.15% of Jiaxin Liheng's equity through a combination of issuing shares and cash payments, aiming to expand its business presence in key economic regions of China [1][4]. Group 1: Transaction Details - The acquisition involves purchasing 65.1521% of Jiaxin Liheng from Xincheng Facility Management and Beijing Xinrunheng, along with an additional 10% from six other parties [4]. - The payment structure for the transaction will consist of 50% in shares and 50% in cash, with the specific amounts yet to be determined [5][6]. - The share issuance price is set at 8.44 yuan per share, which is 80% of the average trading price over the previous 120 trading days [6]. Group 2: Business Impact - The transaction is expected to significantly enhance New Dazheng's operational footprint in the Yangtze River Delta, Bohai Bay, Greater Bay Area, and Chengdu-Chongqing Economic Circle [1]. - New Dazheng specializes in smart city public space and building facility management, providing integrated logistics services to various public institutions [6]. Group 3: Financial Performance - New Dazheng has faced a "revenue without profit" dilemma, with revenues reaching 3.127 billion yuan in 2023 and 3.387 billion yuan in 2024, while net profits declined to 160 million yuan and 114 million yuan, representing year-on-year decreases of 13.83% and 28.95% respectively [7]. - In the first half of 2025, the company reported a revenue of 1.503 billion yuan, down 12.88% year-on-year, and a net profit of 71.18 million yuan, down 12.96% [8].