DAS(SZ:002421) Mei Ri Jing Ji Xin Wen·2025-11-03 22:27Core Viewpoint - The company DaShi Intelligent (002421.SZ) announced that its actual controller and chairman, Liu Pang, is under investigation by the Anhui Ying Shang County Supervisory Committee, but the company asserts that its operations remain normal and governance structures are intact [1][4]. Company Overview - DaShi Intelligent was founded in March 1995 and went public on the Shenzhen Stock Exchange in June 2010. The company specializes in the research and application of IoT technology, providing smart services based on its self-developed AIoT platform [4]. - Liu Pang, born in October 1963, is a professor-level senior engineer and has served as the chairman of the board since the company's inception [2]. Recent Developments - Liu Pang was recently involved in a donation event at Anhui University of Science and Technology, where he contributed a statue of Wang Yangming. He also announced the operational plans for the Anhui University First Affiliated Hospital, which is set to enhance operational efficiency through innovative technology [2][4]. - The company is engaged in significant healthcare projects, including three smart hospital projects with a total investment exceeding 3 billion yuan [4]. Financial Performance - For the first three quarters of 2025, DaShi Intelligent reported a total revenue of 1.473 billion yuan, a year-on-year decrease of 31.36%. The net profit attributable to shareholders was a loss of 415 million yuan, compared to a profit of 47.99 million yuan in the same period of 2024, marking a significant decline [4]. - The company’s cash flow from operating activities was negative 388 million yuan, worsening from negative 295 million yuan in 2024 [4]. Debt and Liabilities - As of the end of the third quarter of 2025, the company reduced its current non-current liabilities due within one year by 79.81% compared to the end of 2024, which decreased its proportion of total assets by 4.42 percentage points [5]. - Accounts payable and notes payable decreased by 28.92%, while long-term loans decreased by 17.19%. However, short-term loans increased by 14.5% [5]. Market Performance - On November 3, 2023, DaShi Intelligent's stock price rose by 1.53% to 3.32 yuan, with a market capitalization of 7.04 billion yuan [6].