Workflow
邦基科技终止重大资产重组事项,官宣前夕股价大跌登上龙虎榜

Core Viewpoint - Bangji Technology has announced the termination of its major asset restructuring plan due to failure to reach an agreement with Riverstone Farm Pte. Ltd. after multiple negotiations [1][8]. Group 1: Stock Performance - On November 10 and 11, Bangji Technology's stock price fell by 8.91% and 7.45%, respectively, closing at 21.45 yuan per share, with a total market capitalization of 3.664 billion yuan [4][6]. - Prior to the official announcement of the termination, the stock experienced a significant decline, with intraday drops exceeding 9% on both days [8]. Group 2: Termination of Restructuring - The board of Bangji Technology approved the termination of the acquisition of shares in several agricultural and livestock companies from Riverstone, which were expected to constitute a related party transaction and a major asset restructuring [6][10]. - The terminated assets included 100% equity stakes in multiple companies, such as Shandong Beixi Livestock Co., Ltd. and Shandong Ruido Weili Livestock Co., Ltd., among others [6][10]. Group 3: Financial Impact and Future Strategy - Bangji Technology stated that the termination of the transaction will not have a significant adverse impact on its current operations or financial status, nor will it affect its future development strategy [10]. - The original plan aimed to extend the company's business from solely pig feed production to a vertically integrated industry chain involving feed production, pig farming, and sales [10]. - The financial data of Shandong Ruido Weili Livestock Co., Ltd., one of the targeted assets, indicated a total asset value of 374 million yuan and an owner's equity of 353 million yuan as of April 2025, with projected net profits of -13.16 million yuan, 72.40 million yuan, and 34.54 million yuan for the years 2023, 2024, and the first four months of 2025, respectively [10].