复牌，603305，拟易主国资

Core Viewpoint - Xusheng Group is set to change its controlling shareholder to Guangzhou Industrial Investment Holding Group Co., Ltd., with the actual controller becoming the Guangzhou Municipal Government, and the company will resume trading on December 23, 2023 [1][5]. Group 1: Shareholder Changes - The total consideration for the transaction is 4.295 billion yuan, which will result in Guangzhou Industrial Investment Holding Group and its concerted parties controlling 27.0455% of Xusheng Group's shares [4][7]. - After the transaction, Xu Xudong and his concerted parties will control 21.6162% of Xusheng Group's shares, down from 48.6617% [8][10]. Group 2: Financial Performance - For the first three quarters of 2025, Xusheng Group reported revenue of 3.226 billion yuan, a year-on-year decrease of 1.48%, and a net profit attributable to shareholders of approximately 300 million yuan, down 7.16% year-on-year [10][11]. - The company has committed to achieving a cumulative net profit of no less than 1.5 billion yuan for the years 2026, 2027, and 2028, with a minimum of 400 million yuan for 2026 [12]. Group 3: Strategic Intent - Guangzhou Industrial Investment Holding Group aims to leverage Xusheng Group as a platform to enhance its industrial chain in the new energy vehicle sector, focusing on building a closed-loop industrial ecosystem [10]. - The group has been recognized as a leading industrial investment company and has been listed in the Fortune Global 500 for three consecutive years [10].