BYE(SH:603861) Mei Ri Jing Ji Xin Wen·2025-11-25 10:04Group 1 - The company Baiyun Electric (SH 603861) announced on November 25 that its 24th meeting of the 7th board of directors was held via communication voting on November 24, 2025, to review the proposal regarding the acquisition of minority shareholders' equity in its controlling subsidiary [1] - For the year 2024, Baiyun Electric's revenue composition is as follows: 99.02% from the electrical machinery and equipment manufacturing industry, and 0.98% from other businesses [1] - As of the report date, Baiyun Electric has a market capitalization of 6.3 billion yuan [1] Group 2 - The company 688496 has been investigated by the China Securities Regulatory Commission (CSRC) after a significant loss exceeding 100 million yuan shortly after its IPO, attributed to its core product being heavily impacted as its largest customer has reduced procurement by opting for self-supply [1]