Zhong Guo Ji Jin Bao·2026-01-01 11:22Core Viewpoint - ST Kolidda's controlling shareholder intends to transfer 100% of its equity in the company, which will lead to a change in control of the company [1][3]. Group 1: Shareholder and Control Changes - The controlling shareholder, Suzhou Kolidda Group, holds 112 million shares, accounting for 18.74% of the total share capital [3]. - The stock will be suspended from trading starting January 5, 2026, for a period not exceeding two trading days due to the ongoing planning of the transfer [3]. Group 2: Financial and Operational Issues - ST Kolidda has faced significant operational challenges, with a long-term decline in performance [3]. - The company reported a revenue of 1.189 billion yuan for the first three quarters of 2025, a decrease of 30.48% year-on-year, and a net profit attributable to shareholders of 98.85 million yuan, down 683.61% year-on-year [4]. - The company has issues with fund occupation by the controlling shareholder, with 170 million yuan involved, which has been repaid as of December 31, 2024 [3]. - As of November 12, 2025, the controlling shareholder and its concerted parties held 274 million shares, with 136 million shares pledged, representing 49.59% of their total holdings and 22.77% of the company's total share capital [3]. Group 3: Stock Performance - ST Kolidda's stock price has increased by nearly 189% in 2025, closing at 8.38 yuan per share on December 31, with a total market capitalization of 5 billion yuan [6].