刘永好撤离倒计时！漳州国资欲接盘！

Core Viewpoint - The control change of Shenzhen Feima International Supply Chain Co., Ltd. is driven by the impending deadline for a significant performance compensation payment, with the new investor being a state-owned entity from Zhangzhou [1][3][10]. Group 1: Control Change and Financial Obligations - On June 23, Feima International announced a control change agreement with a state-owned investment platform, which may lead to the exit of Liu Yonghao, the founder of New Hope Group, from the company's control [1][10]. - Liu Yonghao's New Hope Group is required to pay a performance compensation of 437 million yuan by July 25, 2024, due to unmet profit commitments [3][7]. - The company has struggled financially since Liu's takeover, with a cumulative net profit of only 133 million yuan over three years, falling short of the promised 4.37 billion yuan [6][8]. Group 2: Historical Context and Performance - Liu Yonghao became the actual controller of Feima International in late 2021 after the company underwent bankruptcy restructuring, with a commitment to achieve a minimum net profit of 5.7 billion yuan from 2022 to 2024 [4][5]. - Feima International faced severe financial distress prior to Liu's involvement, with a debt ratio of 86.75% and a drastic revenue drop from 41 billion yuan in 2019 to 314 million yuan in 2020 [5]. Group 3: Market Reaction and Future Prospects - Following the announcement of the state-owned entity's potential takeover, Feima International's stock price surged to 2.67 yuan per share, reflecting market optimism about the new investor's ability to improve the company's financial situation [1][11]. - The new investor's entry could provide resource synergies, as Feima's business aligns with local industrial development, although the company still faces significant financial challenges, including a debt ratio of 63.67% and negative cash flow [10][11].