SJY.(SH:600676) Shang Hai Zheng Quan Bao·2026-01-10 13:59Group 1 - The core point of the article is that Jiaoyun Co., Ltd. (600676) plans to swap its automotive-related assets with sports and entertainment assets held by its controlling shareholder, Jiushi Group, marking a significant asset restructuring aimed at strategic business transformation [1][5] - The assets to be injected include 100% equity of Shanghai Jiushi Sports Event Management Co., Ltd., a newly established sports venue operation company, and stakes in various sports and tourism-related businesses [4][6] - The assets to be divested consist of automotive sales and service-related assets, including 100% equity of Shanghai Automotive Repair Co., Ltd. and other automotive component manufacturing companies [4][5] Group 2 - The transaction is expected to enhance the company's asset quality and risk resistance, improving its operational capabilities and competitive advantages [5][6] - Jiaoyun Co., Ltd. has faced continuous losses in its net profit attributable to shareholders, with reported revenues of 5.21 billion yuan, 4.44 billion yuan, and 3.23 billion yuan for 2023, 2024, and the first three quarters of 2025, respectively [6] - The injected assets include major sports events such as the F1 Chinese Grand Prix and various landmark sports venues, indicating a shift towards a more diversified business model [6][7]