Core Viewpoint - Hualing Cable has decided to terminate the acquisition of control over Hunan Xingxin Aerospace New Materials Co., Ltd. after nearly a year of planning, due to a lack of consensus on specific terms of the agreement with the counterparty [1][2] Group 1: Acquisition Termination - The termination of the acquisition was mutually agreed upon by both parties, and neither party will bear compensation or legal liability for the termination [2] - The termination will not adversely affect the company's production operations or financial status, nor will it harm the interests of shareholders, especially minority shareholders [2] - The company will continue to pursue its strategic goals through both internal development and external acquisitions to enhance its competitive capabilities [2] Group 2: Background of Xingxin Aerospace - Xingxin Aerospace, established in 2003, is a national high-tech enterprise that specializes in high-temperature resistant materials and has participated in significant aerospace projects [3] - The company reported revenues of 56.42 million yuan, 51.37 million yuan, and 68.15 million yuan for the years 2022, 2023, and 2024, respectively, with net profits of 23.63 million yuan, 22.46 million yuan, and 26.49 million yuan during the same period [3] Group 3: Hualing Cable's Strategic Focus - Hualing Cable specializes in the research and production of special cables for high-end fields such as aerospace, weaponry, and new energy [4] - The company is also pursuing the acquisition of San Zhu Technology, aiming to integrate cable and connector technologies to enhance its overall solution capabilities [4]
001208，终止收购星鑫航天控制权