Baota Industry(SZ:000595) Zheng Quan Ri Bao·2025-10-24 23:43Core Viewpoint - The company has undergone a significant asset restructuring involving the exchange of assets with Ningxia Electric Power Investment Group, which includes the acquisition of 100% equity in Ningxia Electric Power New Energy Co., Ltd. [5][6] Financial Data - The company reported a net profit of 46,300,950.87 yuan from the merged entity during the reporting period, compared to 30,066,217.03 yuan in the previous period [7]. - The financial report for the third quarter has not been audited [7]. Asset Restructuring - The company approved a major asset swap on June 6, 2025, involving the exchange of all assets and liabilities except for certain retained assets with Ningxia Electric Power Investment Group [5]. - The restructuring was approved by the Ningxia Hui Autonomous Region State-owned Assets Supervision and Administration Commission on July 4, 2025, and subsequently ratified by the company's shareholders on July 11, 2025 [5][6]. Accounting Adjustments - Due to the asset restructuring, the company will retrospectively adjust its financial data for the current and previous periods in accordance with relevant accounting standards [6].