Guangxi Beitou Technology(SH:600936) Shang Hai Zheng Quan Bao·2025-12-12 20:44Core Viewpoint - The stock of Guangxi Broadcasting and Television Information Network Co., Ltd. experienced an abnormal trading fluctuation, with a cumulative closing price increase of over 20% on December 11 and 12, 2025, prompting an official announcement regarding the situation [2][4]. Group 1: Stock Trading Abnormality - The company's stock price deviation over two consecutive trading days exceeded 20%, qualifying as an abnormal trading fluctuation under the Shanghai Stock Exchange rules [2][4]. - The company conducted a self-examination and confirmed with its controlling shareholder that there are no undisclosed significant matters or important information affecting the stock price [5][6]. Group 2: Business Operations and Financial Performance - For the first three quarters of 2025, the company reported a net loss attributable to shareholders of -344.2 million yuan, and a net loss of -498.6 million yuan after excluding non-recurring gains and losses, indicating a loss-making status [5][19]. - The company recently completed a significant asset swap, resulting in a substantial change in its business structure, leading to uncertainty regarding its full-year performance for 2025 [5][19]. Group 3: Major Events and Changes - Following the asset swap completed on August 29, 2025, the company's main business shifted to smart engineering, surveying design, testing, and the production and sales of new materials and electromechanical equipment, which does not involve any popular concepts [7][19]. - The company plans to change its name to "Guangxi Beitou Technology Co., Ltd." and its stock abbreviation to "Beitou Technology," pending approval from the shareholders' meeting and the Shanghai Stock Exchange [9][19]. Group 4: Corporate Governance and Compliance - The board of directors confirmed that there are no undisclosed matters that should have been disclosed according to the Shanghai Stock Exchange rules, and no significant information that could impact the stock price has been omitted [11][19]. - During the period of abnormal stock trading, there were no transactions involving the company's stock by directors, senior management, or controlling shareholders [8].