Zheng Quan Shi Bao·2025-11-04 14:59Core Viewpoint - Zhenai Group is planning a significant matter regarding the potential transfer of control over Zhenai Home (003041), which may lead to changes in the company's controlling shareholder and actual controller. The matter is currently under negotiation and carries substantial uncertainty [1]. Group 1: Company Overview - Zhenai Home, established in 2010 and located in Yiwu, Zhejiang, specializes in the research, design, production, and sales of home textiles, primarily blankets. The company aims to become the "World Blanket King" and has an annual design capacity of 65,000 to 70,000 tons, ranking among the top in the blanket industry [5]. - The company has a global customer base, mainly exporting to regions such as the Middle East, North Africa, and South Africa, with strategic partners in major international markets like South Africa, Dubai, Saudi Arabia, North Africa, and North America [5]. - According to the China Textile Industry Association, Zhenai Home has ranked first in competitiveness among its peers in the blanket category for three consecutive years [5]. Group 2: Financial Performance - For the first three quarters of 2025, Zhenai Home reported a revenue of 724 million yuan, a year-on-year increase of 16.16%, and a net profit attributable to shareholders of 230 million yuan, a significant increase of 310.28% [5]. - In the third quarter alone, the company achieved a revenue of 334 million yuan, up 10.19% year-on-year, with a net profit of 33.44 million yuan, reflecting a year-on-year growth of 48.93% [5]. Group 3: Related Company Information - Zhenai Group also owns Huading Co., which was acquired in April 2022. Huading Co. specializes in the research, production, and sales of high-quality, differentiated nylon products [6][7]. - For the first three quarters of this year, Huading Co. reported a revenue of 3.562 billion yuan, a decrease of 40.57% year-on-year, and a net profit of 188 million yuan, down 42.11% year-on-year [7]. - In the third quarter, Huading Co. generated a revenue of 1.152 billion yuan, a decline of 25.69% year-on-year, with a net profit of approximately 34.92 million yuan, down 78.38% year-on-year [7]. Group 4: Corporate Structure and Scale - Zhenai Group, founded in 1995 and headquartered in Yiwu, has developed into a large-scale private enterprise with core business segments in blanket home textiles and nylon production, alongside auxiliary businesses in real estate and environmental engineering [7]. - The group has a registered capital of 540.78 million yuan, employs over 6,000 people, and has total assets of 13 billion yuan, with annual revenues nearing 10 billion yuan, including over 6 billion yuan from manufacturing [7].