Core Viewpoint - JiaHua Technology (688051) is planning to acquire a controlling stake in Shudun Information Technology Co., Ltd. through a combination of share issuance and cash payment, despite ongoing financial losses [1][2] Group 1: Acquisition Details - The acquisition plan involves raising supporting funds and is expected to be a significant asset restructuring [1] - The transaction will not change the actual controller of JiaHua Technology and does not constitute a restructuring listing [1] Group 2: Financial Performance - JiaHua Technology has reported continuous annual net losses since its listing in 2020, with net profits of approximately 1.77 billion, -1.29 billion, -2.88 billion, -2.08 billion, and -1.03 billion from 2020 to 2024 [1] - For the first three quarters of 2025, the company achieved an operating income of about 1.66 billion, a year-on-year decrease of 30.72%, and a net profit of approximately -672.38 million, indicating an increase in losses compared to the previous year [2]
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