AUCMA(SH:600336) Nan Fang Du Shi Bao·2025-12-26 04:18Core Viewpoint - Aokema plans to transfer 55% of its stake in Qingdao Aokema Information Industry Park Co., Ltd. for approximately 92.46 million yuan, aiming to optimize resource allocation and focus on its core business [1][6]. Group 1: Company Actions - Aokema will publicly list the transfer of its stake in the Information Industry Park, with a base price set based on an evaluation report [1]. - The company will no longer hold shares in the Information Industry Park after the transaction, which is expected to positively impact its financial results for the corresponding accounting period [6]. - Aokema intends to transfer 100% of its stake in Qingdao Aokema Smart Cold Chain Co., Ltd. to its wholly-owned subsidiary, Qingdao Aokema Commercial Appliances Co., Ltd., without any transfer price, to enhance operational efficiency [6]. Group 2: Financial Performance - The Information Industry Park reported a revenue of 17.17 million yuan and a net profit of 2 million yuan in 2024, but faced a loss in 2025 with revenues of 3.96 million yuan and a net loss of 1.36 million yuan [4]. - Aokema's revenue has declined for two consecutive years, from 9.57 billion yuan in 2022 to 7.82 billion yuan in 2024, with a net profit dropping from 310 million yuan in 2020 to a loss of 485 million yuan in 2024 [7]. - The latest Q3 2025 report shows total revenue of 5.67 billion yuan, a year-on-year decrease of 11.14%, and a net loss of 9.06 million yuan, a significant decline of 420.49% [8]. Group 3: Operational Challenges - Aokema's operational challenges are evident as the company continues to experience declining revenues and increasing losses, with Q3 2025 showing a total revenue of 1.61 billion yuan, down 8.28% year-on-year [8]. - The company's liquidity is under pressure, with a current ratio of 0.97 indicating weak short-term debt repayment capacity, despite a 41% increase in cash funds to 1.00 billion yuan [8].