605028,易主火速终止!停牌前股价曾大涨

Core Viewpoint - Shimao Energy has swiftly terminated its plans for a change of control, with the stock resuming trading on January 19 after a brief suspension due to the announcement of potential share transfer discussions [2][3]. Group 1: Announcement and Suspension - On January 12, Shimao Energy announced that its controlling shareholder, Shimao Investment, was planning a share transfer that could lead to a change in control, resulting in a trading suspension [2]. - The stock was initially suspended on January 12 and continued to be suspended on January 13, with expectations of resuming trading within a few days [2]. - On January 16, the company confirmed that the discussions with the counterparty regarding the change of control had not reached an agreement on key terms, leading to the decision to terminate the plans [3]. Group 2: Impact on Business and Financials - The company stated that the termination of the control change plans would not have a significant adverse impact on its operational performance or financial condition [6]. - Shimao Energy operates as a thermal power generation enterprise, primarily using municipal solid waste and coal as raw materials, and is the only waste incineration center in the Yuyao area [6]. - Financial data shows a decline in performance from 2022 to 2024, with revenues of 442 million yuan, 361 million yuan, and 359 million yuan, and net profits of 206 million yuan, 188 million yuan, and 172 million yuan respectively [6]. - In the first three quarters of 2025, the company reported revenues of approximately 235 million yuan, a year-on-year decrease of 12.38%, and a net profit of 117 million yuan, down 5.89% year-on-year [6]. Group 3: Stock Performance - Prior to the announcement of the control change plans, Shimao Energy's stock experienced a three-day increase, with a cumulative rise of 19.44% [5]. - As of January 9, the stock price was reported at 34.95 yuan per share, with a market capitalization of 5.592 billion yuan [6].

SHIMAO ENERGY-605028,易主火速终止!停牌前股价曾大涨 - Reportify