ZHIYUN AUTOMATION(SZ:300097) Zheng Quan Shi Bao Wang·2025-12-02 14:45Core Viewpoint - ST Zhiyun is undergoing a significant change in its controlling shareholder and actual controller, which is expected to optimize the company's management and resource allocation to meet future development needs [1][2]. Group 1: Shareholder Changes - The controlling shareholder, Shenzhen Huida Funeng Technology Partnership, will acquire 18.61% of the voting rights in ST Zhiyun, becoming the new controlling shareholder [1]. - The change involves three core transactions: a voting rights delegation from shareholder Shi Liquan for 24.7076 million shares (8.56% of total shares), a share transfer agreement with shareholder Tan Yongli for 14.5 million shares (5.03%), and a share transfer from Song Changjiang to investor Yao Yongjun for another 14.5 million shares (5.03%) [1][2]. Group 2: Company Background and Current Situation - ST Zhiyun specializes in high-end intelligent manufacturing equipment, focusing on automation equipment for flat panel display modules and automotive powertrains [2]. - The company is currently in a period of operational adjustment, facing significant financial pressure, with a reported revenue of 132 million yuan, a year-on-year decline of 63.07%, and a net loss of 112 million yuan, a staggering drop of 974.88% [3]. - The company has been under risk warning due to financial misconduct by a subsidiary, leading to a change in its stock name to "ST Zhiyun" [2]. Group 3: Financial Performance - The gross profit margin has decreased by 27.83 percentage points to 13.38%, with a net profit margin of -84.52% [3]. - The liquidity situation is concerning, with cash covering only 10.63% of current liabilities, indicating significant short-term repayment pressure [3].