Core Viewpoint - The sharp decline in the stock price of Biaobang Co., Ltd. is attributed to the abrupt termination of a control transfer deal, which was announced on November 6, 2023, after only a week of planning [1][2]. Group 1: Stock Performance - On November 7, 2023, Biaobang Co., Ltd. opened with a 20% limit down, trading at 40.96 yuan per share, with a sell order amounting to 162 million yuan [1]. - The stock had previously surged over 64% from October 9 to October 30, 2023, reaching a peak of 53.96 yuan per share on October 28, 2023, while the overall market was relatively stable [2]. Group 2: Control Transfer Deal - The control transfer was initially announced on October 30, 2023, with expectations of a quick resolution, leading to a temporary suspension of trading [2]. - The termination of the control transfer was due to the failure to reach consensus on key terms between the parties involved, with no substantial agreement signed [1][2]. Group 3: Company Fundamentals - For the first three quarters of 2023, Biaobang Co., Ltd. reported a revenue of 397 million yuan, reflecting a year-on-year growth of 10.5%, while the net profit attributable to shareholders was 90.45 million yuan, showing a modest increase of only 1.87% [3]. - The company specializes in the research, production, and sales of automotive nylon pipelines and connectors, with approximately 10,400 shareholders as of the end of the third quarter of 2023 [2][3].
停牌前涨超60% 复牌20CM跌停 标榜股份回应“易主”计划夭折