Core Viewpoint - Delixi Co., Ltd. is planning a change in control, which may lead to a change in its controlling shareholder and actual controller, resulting in a temporary suspension of its stock trading for up to two trading days [2][6]. Company Overview - Delixi Co., Ltd. was founded by Shi Weidong and is headquartered in Fengyang, Anhui. It specializes in the research and manufacturing of various glass products and has become a leading manufacturer of glassware in China over the past two decades [5]. Financial Performance - The company has faced continuous financial pressure, reporting losses of 110 million yuan, 86 million yuan, and 173 million yuan for the years 2022 to 2024, respectively. In the first half of 2025, the net profit attributable to shareholders was a loss of 45 million yuan, a decline of 491% compared to the same period last year [6]. Business Transformation Efforts - Delixi attempted to break through its development bottleneck through business transformation, particularly by entering the photovoltaic glass market. In 2020, it established a wholly-owned subsidiary, Delixi Energy, and signed a five-year procurement agreement with Longi Green Energy for at least 250 million square meters of photovoltaic glass from 2022 to 2026, with a total contract value of up to 5.531 billion yuan. However, the photovoltaic glass project faced challenges due to the overall downturn in the photovoltaic industry, leading to production halts [6]. Investment Adjustments - The company has also made adjustments to its external investment projects, terminating two projects, Beihai Company and Delixi Pharmaceutical Glass, which had not progressed to substantial construction after nearly five years. Additionally, Delixi announced an asset sale plan to transfer 100% of its stake in Fengyang Derui Mining Co., Ltd. for 135 million yuan, which is expected to result in a loss of approximately 6.5 million yuan [7]. Market Performance - Prior to the suspension, Delixi's stock closed at 8.32 yuan per share on September 30, with a 6.12% increase on that day, bringing the company's total market capitalization to 3.3 billion yuan [7].
德力股份筹划控制权变更 股票今起停牌!