Core Viewpoint - The company, Bangji Technology, has announced the termination of a significant asset restructuring plan involving the acquisition of multiple agricultural companies from Riverstone Farm Pte. Ltd. [1][2] Group 1: Termination of Asset Restructuring - The board of directors approved the termination of the asset restructuring plan on November 11, 2025, which involved acquiring 100% stakes in several companies and 80% of another [1] - The transaction was expected to constitute a related party transaction and a significant asset restructuring under the Shanghai Stock Exchange regulations [2] Group 2: Stock Performance - The company's stock was suspended from trading starting June 5, 2025, during the restructuring process [2] - Prior to the announcement of the termination, the stock experienced a significant drop, with declines of 8.91% on November 10 and 7.54% on November 11 [3] Group 3: Financial Performance - For the first three quarters of 2025, the company reported a revenue of 4.149 billion yuan, a year-on-year increase of 155.40%, and a net profit of 106 million yuan, up 148.64% [3] - In 2024, the company achieved a revenue of 2.542 billion yuan, a 54.36% increase, but the net profit decreased by 40.24% to 50.13 million yuan [4] - The net cash flow from operating activities for the first three quarters of 2025 was -672 million yuan, compared to -185 million yuan in the same period the previous year [3]
邦基科技连跌2日后公告终止收购 上演提前涨停提前下跌