10倍大牛股披露重组进展，*ST宇顺盘中上演“地天板”

Core Viewpoint - The stock price of *ST Yushun (002289.SZ) experienced significant volatility, influenced by the progress of its major asset restructuring, which is seen as a critical move for the company's survival [2][3]. Group 1: Stock Performance - *ST Yushun's stock price fluctuated dramatically, hitting a limit down early in the trading session but later rebounding to a limit up, closing at 34.7 CNY per share with a gain of 3.09% [2]. - The stock has seen an extraordinary increase of over 1000% within the year, with a current year-to-date gain of 845.51% despite recent adjustments [5]. Group 2: Asset Restructuring - On October 10, *ST Yushun completed the first phase of its major asset restructuring, paying 335 million CNY, which marks a significant advancement in the restructuring process [2]. - The restructuring involves acquiring 100% equity of three companies—Zhong'en Cloud Technology, Shenhui Biyuan, and Zhong'en Cloud Information—operating a data center project with approximately 8,000 cabinets [2][3]. - The total cash payment for the acquisition is set at 3.35 billion CNY, funded through loans from the controlling shareholder, the company's own funds, or self-raised funds [2]. Group 3: Financial Performance - *ST Yushun has reported continuous losses over five years, with a cumulative loss exceeding 120 million CNY, and faces delisting risk due to its financial performance [3]. - In contrast, the target companies are projected to generate revenues of 735 million CNY, 815 million CNY, and 218 million CNY for the years 2023, 2024, and the first quarter of 2025, respectively, with net profits significantly surpassing *ST Yushun's current performance [3]. - If the restructuring is successful, *ST Yushun's annual profit could potentially turn from a loss to a profit exceeding 150 million CNY, aiding in its financial recovery [3]. Group 4: Regulatory Attention - The unusual trading activity of *ST Yushun has attracted the attention of regulatory authorities, with the Shenzhen Stock Exchange monitoring the stock closely due to abnormal trading behaviors [5].