Zheng Quan Shi Bao·2025-11-04 13:16Core Viewpoint - Zhenai Group is planning a significant matter regarding the potential transfer of control over Zhenai Meijia, which may lead to changes in the company's controlling shareholder and actual controller, with ongoing negotiations and significant uncertainty [1] Company Overview - Zhenai Meijia, established in 2010 and listed on the Shenzhen Stock Exchange in April 2021, focuses on the research, design, production, and sales of home textiles, primarily blankets, aiming to become the "World Blanket King" [5] - The company has an annual design production capacity of 65,000 to 70,000 tons and ranks first in competitiveness among peers in the blanket industry for three consecutive years [5] - Zhenai Meijia's revenue for the first three quarters of 2025 reached 724 million yuan, a year-on-year increase of 16.16%, with a net profit attributable to shareholders of 230 million yuan, surging 310.28% [5] Financial Performance - In Q3 2025, Zhenai Meijia achieved a revenue of 334 million yuan, up 10.19% year-on-year, and a net profit of 33.44 million yuan, increasing by 48.93% [5] - In contrast, Huading Co., a subsidiary acquired by Zhenai Group in April 2022, reported a revenue of 3.562 billion yuan for the first three quarters of 2025, a decrease of 40.57%, and a net profit of 188 million yuan, down 42.11% [7] Shareholder Activity - Prior to the control transfer planning, a shareholder of Zhenai Meijia, Yiwu Boxin Investment Co., announced a plan to reduce its holdings by up to 4.32 million shares, representing no more than 3% of the total share capital, but did not execute this plan within the specified period [4]