控制权变更两月即“告吹”！佳创视讯账上仅剩千余万元

Core Viewpoint - Jiachuan Vision (300264) announced the termination of its control change plan due to the inability of the controlling shareholder Chen Kunjian and the counterparty to reach an agreement on key transaction elements, which will not have a significant adverse impact on the company's operating performance and financial status [1]. Group 1: Control Change Plan - The control change plan was initiated on August 3, 2025, with a significant increase in stock trading volume prior to the announcement, raising suspicions of insider information leakage [3]. - Chen Kunjian planned to transfer 20,062,400 shares (4.66% of total shares) to Li Li and assist her in acquiring an additional 0.34% of shares from other shareholders, while entrusting the voting rights of his remaining 60,187,300 shares (13.97% of total shares) to Mao Guangfu [3][4]. - If the series of transactions were completed, the actual controller of Jiachuan Vision would change from Chen Kunjian to the couple Mao Guangfu and Li Li [4]. Group 2: Financial Performance - In the first half of 2025, Jiachuan Vision reported revenue of 82.0162 million yuan, a year-on-year increase of 23.16%, while the net profit attributable to shareholders was -7.4256 million yuan, a 71.13% year-on-year improvement [9]. - The company has experienced continuous losses since 2019, with a cumulative loss of approximately 520 million yuan over six and a half years [9]. - As of June 30, 2025, the company's cash reserves fell to 11.4159 million yuan, a decrease of 77.31% year-on-year, while interest-bearing short-term debt increased by 31.62% to 95.3936 million yuan, resulting in a soaring debt-to-asset ratio of 92% [9].