002713 停牌核查！

Core Viewpoint - *ST Dongyi has experienced a significant stock price surge, with a cumulative increase of 241.59% over 28 trading days, prompting the company to apply for a trading suspension for stock price fluctuation investigation [2][5][7]. Group 1: Stock Performance and Trading Suspension - The stock price of *ST Dongyi rose from a low of 1.96 yuan in July 2024 to a suspension price of 17.66 yuan, marking nearly a tenfold increase [2]. - The company announced a trading suspension starting November 14, 2024, for up to three trading days to investigate the stock price fluctuations [2][5]. Group 2: Financial and Operational Background - *ST Dongyi has been facing operational challenges, with a negative net asset value projected for the end of 2024 and three consecutive years of negative net profit [6]. - The company’s revenue for 2024 was reported at 1.296 billion yuan, a year-on-year decline of 55.84%, while the net profit attributable to shareholders was -1.171 billion yuan, a significant drop of 461.88% compared to the previous year [14]. Group 3: Restructuring Efforts - The company initiated pre-restructuring work in October 2024, with 40 potential restructuring investors expressing interest, ultimately selecting Beijing Huazhu Technology Co., Ltd. as the chosen investor [7]. - The restructuring plan includes focusing on the home decoration business and leveraging AI and digitalization to create an innovative business model called Dongyi AI Smart Home [9]. Group 4: Risks and Uncertainties - The restructuring process remains uncertain, as the company has not yet received court approval for its restructuring application, which poses a risk of delisting if not completed by December 31, 2025 [8][16]. - The success of the restructuring and the potential integration of new business lines depend on various factors, including regulatory compliance and market competition, which could affect profitability and operational synergy [11][13].