EFORT(SH:688165) Zhong Guo Jing Ying Bao·2026-01-28 05:59Group 1 - Efort Intelligent Equipment Co., Ltd. is planning to acquire a stake in Shanghai Shengpu Fluid Equipment Co., Ltd. through a combination of issuing shares and cash payments [1][4] - Efort has announced a projected net loss of 450 million to 550 million yuan for the fiscal year 2025 [3][8] - The acquisition aims to enhance business synergy, although the company clarified that there is no direct connection between the acquisition and Shengpu's previous IPO withdrawal [5][6] Group 2 - Efort's financial performance has been declining, with revenues of 1.328 billion yuan in 2022, 1.886 billion yuan in 2023, and a projected 1.373 billion yuan in 2024, reflecting a decrease of 27.21% [7][8] - The company has reported continuous net losses, with a net loss of 1.73 billion yuan in 2022 and an expected loss of 4.5 billion to 5.5 billion yuan in 2025 [7][8] - Efort's revenue decline is attributed to a decrease in system integration business and challenges in overseas operations, including significant losses in its overseas system integration business [8][9]