WILLING CORP.(SZ:002667) Bei Jing Shang Bao·2025-11-25 11:11Core Viewpoint - The controlling shareholder of Weiling Co., Ltd. (002667), Huang Da, has decided to relinquish control of the company after five years, leading to a potential change in control and a significant drop in the company's performance in recent years [2][6]. Group 1: Shareholder Changes - Weiling Co., Ltd. announced on November 24 that its controlling shareholder, Shanghai Lingyi New Materials Co., Ltd., and Huang Da are planning a major matter that may lead to a change in control, resulting in a stock suspension starting November 25 [2][4]. - The company plans to transfer a total of 2,023,380 shares, representing 7.7646% of the total share capital, which will make the acquirer the largest shareholder [4]. - The stock price of Weiling Co., Ltd. hit the daily limit on the same day the suspension was announced, closing at 16.9 yuan per share, with a total market value of 4.404 billion yuan [4]. Group 2: Financial Performance - Weiling Co., Ltd. has faced significant financial challenges, with a revenue decline of over 50% year-on-year in the first three quarters of this year, resulting in continued net losses [2][8]. - Financial data shows that from 2022 to 2024, the company reported net profits of approximately 82.03 million yuan, -222.3 million yuan, and -308 million yuan, respectively, indicating a trend of increasing losses [8]. - The decline in revenue is attributed to a decrease in income from lithium compounds and derivatives during the reporting period [9]. Group 3: Business Transition - Weiling Co., Ltd. has shifted its main business focus from heavy machinery manufacturing to lithium resource operations, changing its name from "Anzhong Co., Ltd." to "Weiling Co., Ltd." in June 2023 [7].