重大资产重组！明日复牌

Core Viewpoint - The company Baina Qiancheng (300291) announced plans to acquire 100% of Zhonglian Century through a combination of share issuance and cash payment, which is expected to constitute a significant asset restructuring. The company's stock will resume trading on December 26 [1][3]. Group 1: Acquisition Details - The acquisition involves purchasing 64.15% of Zhonglian Century's shares from specific parties, and indirectly acquiring an additional 35.86% through other transactions [3]. - The transaction will involve up to 35 specific investors participating in the fundraising for the acquisition [2]. Group 2: Company Background and Performance - Zhonglian Century, established in 2013, focuses on AI-driven digital marketing solutions and has served over 3,000 clients across various industries [3]. - Baina Qiancheng has experienced a significant decline in performance, with a 73.43% year-on-year drop in revenue for the first three quarters of 2025, amounting to 177 million yuan, and a net loss of 67.54 million yuan [5]. - The company's marketing business has become its primary revenue source, contributing 66.7% of total revenue in the first half of 2025, although it faced a 6.53% decline year-on-year [6]. Group 3: Strategic Implications - The acquisition is seen as a strategic shift for Baina Qiancheng towards the AI and digital marketing sectors, aiming to enhance its competitive edge and diversify its business [6][7]. - The integration of Zhonglian Century's capabilities is expected to be a focal point for future growth, with market attention on how the two companies will collaborate effectively [7].