*ST亚振再发风险提示，此前家居业务整建制划转全资子公司

Core Viewpoint - *ST Yazhen (Yazhen Home, 603389.HK) has issued a risk warning announcement, noting a cumulative stock price increase of 9.88% from January 9 to January 22, which significantly deviates from the Shanghai Composite Index and the furniture manufacturing industry during the same period. This marks the 43rd risk warning since the announcement of natural person Wu Tao's intention to take control of the company, with the stock price having risen over 600% since then [1][2]. Group 1 - The company has emphasized that its controlling shareholder has no clear plans to change the main business or make significant adjustments to it within the next 36 months, nor does it plan to sell, merge, or partner with others regarding its main assets and businesses [1]. - Wu Tao, the 55-year-old executive director and general manager of Jinan Yuxiao Group, holds 80% of the company and has led Yazhen Home to engage in similar business activities as his main company [2]. - On August 1, 2025, Yazhen Home announced plans to acquire 51% of Guangxi Zirconium Technology Co., Ltd. for 55.449 million yuan, which primarily engages in zircon-titanium ore mining with a production capacity of 600,000 tons per year [2]. Group 2 - On January 22, Yazhen Home announced that on January 5, the board approved a daily related transaction, expecting Guangxi Zirconium to sign a titanium iron ore purchase and sale contract with Hong Kong Lehao Co., Ltd., totaling 44.7214 million yuan [2]. - The company is undergoing structural changes, including a systematic integration of its existing furniture business, with assets, liabilities, and personnel being transferred to its wholly-owned subsidiary, Jiangsu Yazhen Home Co., Ltd. [2]. - Yazhen Home is also disposing of original assets, including a planned sale of a shop in Suzhou for 7.35 million yuan and another property in Nanjing [3].