Core Viewpoint - Hualing Cable (001208) has terminated the acquisition of Xingxin Aerospace due to failure to reach consensus on valuation and payment terms [1][2] Group 1: Acquisition Details - The acquisition was intended to secure control over Xingxin Aerospace, a commercial aerospace company specializing in high-temperature resistant materials and other aerospace-related products [2][3] - Hualing Cable and the transaction counterpart engaged in multiple rounds of negotiations but could not agree on specific terms, leading to the mutual decision to terminate the intention agreement [2][6] - The termination of the agreement does not impose any compensation or legal liabilities on either party, and it is stated that this will not adversely affect the company's operations or financial status [2][5] Group 2: Financial Performance of Xingxin Aerospace - Xingxin Aerospace's projected financials for 2022 to 2024 show revenues of 56.42 million, 51.37 million, and 68.15 million respectively, with net profits of 23.63 million, 22.46 million, and 26.49 million [5][4] - By the end of 2024, Xingxin Aerospace is expected to have total assets of 151 million and net assets of 134 million [5][4] Group 3: Market Context - The commercial aerospace sector has recently gained attention in the capital market, with several related stocks experiencing significant price increases [7][8] - Hualing Cable's stock price has seen a maximum increase of 187.13% since November 27, 2025, reflecting the growing interest in the aerospace segment [7][8]
突发！商业航天大牛股，终止收购