WILLING CORP.(SZ:002667) Shang Hai Zheng Quan Bao·2025-11-24 23:23Core Viewpoint - Both Weiling Co., Ltd. and Gaole Co., Ltd. announced plans for a change in control, leading to a trading suspension on November 25, 2025, after both companies' stocks hit the daily limit up on November 24, 2025. The market is closely watching whether these changes can improve the companies' poor financial performance over the past two years [1]. Weiling Co., Ltd. - Weiling Co., Ltd. announced that its controlling shareholder, Shanghai Lingyi New Materials Co., Ltd., and actual controller Huang Da are planning to transfer 7.76% of the company's shares, totaling 2,023,800 shares [2]. - Following the share transfer, the acquirer will become the largest shareholder, potentially leading to a change in control or a situation with no actual controller [3]. - The company primarily focuses on the new energy lithium battery materials industry, including lithium ore selection, lithium salt processing, and smelting. In the first three quarters of 2025, it reported total revenue of 213 million yuan, a decrease of 53.88% year-on-year, and a net profit attributable to shareholders of -13.05 million yuan, a reduction in losses of 99.78 million yuan compared to the same period last year [3]. Gaole Co., Ltd. - Gaole Co., Ltd. announced that its largest shareholder, Huadong Group Co., Ltd., is planning to transfer its shares or delegate voting rights, which may lead to a change in control. The stock will be suspended from trading starting November 25, 2025, with an expected suspension period of no more than two trading days [5]. - The company operates in two main business segments: toys and internet education. The toy segment includes the "GOLDLOK" brand and a complete industrial system covering R&D, design, mold manufacturing, production, and sales. The internet education segment focuses on promoting educational informationization and smart campus construction [7]. - In the first three quarters of 2025, Gaole Co., Ltd. achieved total revenue of 226 million yuan, a year-on-year increase of 10.06%, and a net profit attributable to shareholders of -11.67 million yuan, a reduction in losses of 22.57 million yuan compared to the same period last year [7].