002480，重大资产重组

Core Viewpoint - The company plans to strategically exit its magnetic levitation and bridge component businesses while focusing on clean energy generation through significant asset restructuring involving the sale and acquisition of various subsidiaries and assets [1][3]. Group 1: Asset Transactions - The company intends to sell 100% equity of Chuanfa Maglev and related assets to Shudao Group's subsidiary, Shudao Rail Transit Group, for 1.392 billion yuan [2]. - The company will also sell 100% equity of Xinzhong Jiaoke and related assets to Sichuan Road and Bridge for an undisclosed amount, with the transaction aimed at enhancing the latter's competitive edge in bridge construction [2]. - The company plans to acquire 60% equity of Shudao Clean Energy from Shudao Group for 5.814 billion yuan, with the transaction constituting a major asset restructuring [1][4]. Group 2: Financial Performance - The company has reported continuous losses for four consecutive years, with total losses amounting to 1.55 billion yuan from 2021 to 2024 [8]. - The company's net profits for the years 2021 to 2024 were -233 million yuan, -566 million yuan, -342 million yuan, and -409 million yuan, respectively [8]. - As of the first three quarters of 2025, the company reported a loss of 42.29 million yuan [8]. Group 3: Strategic Shift - The company aims to focus on clean energy generation, marking a significant shift from its previous core businesses, which have struggled to achieve market breakthroughs and profitability [3][10]. - The decision to exit the magnetic levitation and bridge component sectors is driven by the low conversion efficiency of maglev technology and increasing competition in the bridge component industry [2][10]. Group 4: Leadership Changes - The company's chairman resigned in September 2025, following a period of significant financial losses, with total losses exceeding 1.8 billion yuan during his tenure [10].