JXPCB(SH:688655) Zhong Guo Jing Ji Wang·2025-10-09 06:52Core Viewpoint - Xunjiexing (688655.SH) announced the termination of its plan to issue shares and pay cash for asset acquisition, along with fundraising activities, as approved in its board meeting on September 30, 2025 [1] Group 1: Termination of Asset Acquisition - The company decided to terminate the acquisition of 100% equity in Shenzhen Jiahong Electronics Co., Ltd. through share issuance and cash payment, which was expected to constitute a major asset restructuring [1] - The termination will not lead to a change in the actual controller of the company and does not constitute a restructuring listing [1] Group 2: Fundraising and Financial Performance - Xunjiexing raised a total of 253.43 million yuan in its initial public offering, with a net amount of 200.06 million yuan, which is 24.99 million yuan less than originally planned [2] - The company planned to raise 450 million yuan for projects related to high multi-layer boards and HDI boards, as well as to supplement working capital [2] - In 2024, the company announced a plan to issue A-shares to raise no more than 340 million yuan for its main business projects and working capital [2] Group 3: Financial Results - For the first half of 2025, the company reported revenue of 292.34 million yuan, a year-on-year increase of 27.66%, but a net loss attributable to shareholders of 2.77 million yuan [3][4] - The total profit for the same period was -3.57 million yuan, reflecting a significant decline compared to the previous year [4] - In 2024, the net profit attributable to shareholders was -197.40 million yuan, a decrease of 114.65% year-on-year [5] - The company’s revenue for 2024 was 474.59 million yuan, a slight increase of 2.26% compared to 2023 [6] - The net profit attributable to shareholders in 2023 was 13.47 million yuan, down 71.04% from the previous year [7]