MENGTIAN(SH:603216) Shen Zhen Shang Bao·2025-12-11 00:41Core Viewpoint - The company, Mengtian Home (603216), has announced the postponement of several fundraising investment projects to the end of December 2026, which is not the first time such delays have occurred [1][2]. Group 1: Fundraising Investment Projects - On December 10, the company held its third board meeting and approved the extension of the deadlines for the "R&D Center Platform Project," "Brand Channel Construction Project," and "Information Technology Construction Project" to December 2026, without changing the implementation subjects, methods, purposes, or scales of the fundraising projects [1]. - In December 2024, the company had previously announced a similar extension for other projects, including the "Annual Production of 370,000 Flat Doors and 90,000 Customized Cabinets Technical Reform Project" and "Intelligent Storage Center Construction Project," also to December 2026 [1]. Group 2: Financial Performance - The company has experienced a decline in revenue and net profit attributable to shareholders for two consecutive years in 2023 and 2024 [2]. - In the first three quarters of 2025, the company reported revenue of 777.3 million yuan, a year-on-year decrease of 2.93%, while the net profit attributable to shareholders was 56.3 million yuan, an increase of 37.60% [2]. Group 3: Major Asset Restructuring and Control Change - Recently, the company's major asset restructuring and control change plans were terminated, which attracted market attention [3]. - On November 18, the company announced plans to acquire control of Shanghai ChuanTu Microelectronics Co., Ltd. through a share issuance and cash payment, but the plans were ultimately abandoned after negotiations failed to reach a consensus [3]. - Following the announcement, the company's stock experienced significant volatility, achieving seven limit-up days in ten trading days from November 19 to December 2, before experiencing a price drop [3].