A-Zenith(SH:603389) Mei Ri Jing Ji Xin Wen·2025-11-05 05:52Core Insights - *ST Yazhen has attracted market attention with a "10-fold stock" performance, achieving nearly a 10-fold increase in price over a span of just over six months despite four consecutive years of losses and being under delisting risk warning [1] Group 1: Stock Performance - The stock price surged significantly after the new actual controller, Wu Tao, and his associates acquired 50.47% of the company's shares at a price of 5.68 yuan per share in April 2025 [1] - The number of shareholders decreased sharply from 25,200 to 14,100, a reduction of over 40%, prior to the price increase [1] - The concentration of shares accelerated, with the number of shareholders halving within a single quarter at the beginning of the price rise [1] Group 2: Company Actions - In August, *ST Yazhen acquired 51% of Guangxi Zirconium Industry, which further catalyzed the stock price increase [1] - Despite the stock price surge, the company reported a loss of 31.41 million yuan in the first three quarters, and the delisting risk has not been eliminated [1]