长城科技终止控制权变更事项

Core Viewpoint - Changcheng Technology announced a planned change of control on November 3, which was terminated less than a week later due to a lack of consensus with the trading counterpart [1][2]. Group 1: Control Change Announcement - On November 3, 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 stock suspension [1]. - The company indicated that the actual controllers were actively promoting the major matter, but due to various issues and a lack of consensus on core matters with the trading counterpart, the decision was made to terminate the planned change of control [2][3]. Group 2: Financial Performance - For the first three quarters of 2025, Changcheng Technology achieved an operating income of 9.443 billion yuan, which was basically flat year-on-year, and a net profit attributable to shareholders of 215 million yuan, reflecting a year-on-year increase of 13.8% [3]. - As of the end of the third quarter, the company had approximately 27,800 shareholders, and as of November 7, its market capitalization was about 5.5 billion yuan [4]. Group 3: Business Overview - Changcheng Technology is one of the major manufacturers of similar products in China, with its product sales ranking among the top in the domestic industry [3]. - The company's main business involves the research, development, production, and sales of electromagnetic wires, which are widely used in motors, electrical appliances, and other applications for energy and magnetic energy conversion [2].