Core Viewpoint - Hualing Cable (001208) announced the termination of the acquisition agreement with Xingxin Aerospace due to disagreements on specific terms, which will not adversely affect the company's operations or financial status [1][3]. Company Overview - Hualing Cable is a manufacturer of specialized cables, with products used in various sectors including aerospace, rail transportation, and new energy [3]. - The company reported a revenue of 2.19 billion yuan for the first half of 2025, representing a year-on-year increase of 12.35%, and a net profit of 54.36 million yuan, up 10.98% year-on-year [3]. Acquisition Details - The acquisition of Xingxin Aerospace was intended to create a vertical integration from materials to cables, aiming to provide high-end integrated solutions [3]. - The termination of the acquisition was a mutual decision, and no formal agreement had been signed prior to the announcement [3]. Market Performance - Hualing Cable's stock has seen significant growth, with a maximum increase of 187.13% since November 27, 2025 [4]. - As of January 19, 2025, the stock closed at 26.79 yuan per share, with a market capitalization of 17.1 billion yuan [4].
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