复牌！002348，90后实控人入主

Core Viewpoint - The controlling shareholder of Gaole Co., Ltd. will change to Beijing Lieman Yuntu Technology Co., Ltd., with Wang Fan as the actual controller, effective from December 2, 2025 [1] Summary by Sections Shareholder Changes - On November 30, 2025, Lieman Yuntu signed a share transfer agreement with Huadong Group to acquire 94.72 million shares of Gaole, representing 10% of the total share capital [1] - Following the transfer and voting rights delegation agreements, Lieman Yuntu will hold 94.72 million shares directly and have voting rights over 206 million shares, accounting for 21.74% of the total share capital [1] Company Background - Lieman Yuntu was established on March 24, 2025, with a registered capital of 100 million RMB, focusing on artificial intelligence software development, integrated circuit sales, and cloud computing equipment sales, but has not yet commenced actual business operations [2][3] Management Changes - Gaole Co., Ltd. announced a personnel change, appointing Li Pei as the new board secretary while the former secretary, Ma Shaobin, will serve as the securities affairs representative [5] Financial Performance - Since Huadong Group took control in November 2022, Gaole has struggled with its transformation plans, including a 2 GWh solid-state battery project that has yet to commence production and generate revenue [5] - Financial data indicates that Gaole has reported net losses for six consecutive years, with a revenue of 226 million RMB in the first three quarters of the current year, reflecting a year-on-year increase of 10.06%, but still a net loss of 11.67 million RMB [5] Future Outlook - The future direction of Gaole Co., Ltd. is under scrutiny, particularly regarding the continuation of the solid-state battery project and the potential impact of the young team with an artificial intelligence background on the traditional manufacturing company [7]