603897，控制权变更事项，火速终止

Core Viewpoint - The company, Changcheng Technology, announced a potential change in control on November 3, 2025, but subsequently terminated the plan on November 7, 2025, after failing to reach consensus with the trading counterpart [1][2]. Group 1: Control Change Announcement - On November 3, 2025, Changcheng Technology announced that its actual controllers, Gu Linxiang and Shen Baozhu, were planning a significant matter that could lead to a change in control, resulting in a temporary suspension of trading [1]. - The company indicated that the actual controllers were actively promoting the major matter, leading to an extended suspension of trading beyond the initially expected period [1][2]. - The final announcement on November 7, 2025, revealed that after thorough discussions, the parties decided to terminate the planning of the control change due to a lack of consensus on core issues [1]. Group 2: Company Overview - Changcheng Technology specializes in the research, production, and sales of electromagnetic wires, with applications in electric motors, appliances, and other areas involving energy conversion [2]. - The company is one of the leading manufacturers of similar products in China, with sales ranking among the top in the domestic industry [3]. - For the first three quarters of 2025, Changcheng Technology reported a revenue of 9.443 billion yuan, remaining stable year-on-year, and a net profit attributable to shareholders of 215 million yuan, reflecting a year-on-year growth of 13.8% [3]. Group 3: Shareholder and Market Information - As of the end of the third quarter of 2025, Changcheng Technology had approximately 27,800 shareholders [4]. - As of October 31, 2025, the company's market capitalization was around 5.5 billion yuan [4].