连续三年亏损，这家公司要重大资产置换……

Core Viewpoint - Jinpu Titanium Industry Co., Ltd. is planning a significant asset swap, issuing shares, and cash payments to acquire controlling stakes in Nanjing Lide Dongfang Rubber and Plastic Technology Co., Ltd. while raising supporting funds, which constitutes a major asset restructuring and related party transaction [1][3]. Group 1: Transaction Details - The transaction involves purchasing controlling equity in Lide Dongfang and simultaneously raising supporting funds, with the counterparties being Nanjing Jinpu Dongyu Investment Co., Ltd. and Nanjing Hengyu Taihe Investment Partnership [3]. - Following the transaction, Lide Dongfang will become a subsidiary of Jinpu Titanium, with the specific assets and liabilities to be swapped still under discussion [4]. - Lide Dongfang, established in September 2011 with a registered capital of 200 million yuan, specializes in automotive parts, rail transit components, and various rubber and plastic products [4]. Group 2: Financial Performance - Lide Dongfang has shown continuous revenue growth, with reported revenues of 562.1 million yuan, 880.4 million yuan, and 809.6 million yuan for the years 2022, 2023, and the first nine months of 2024, respectively [6]. - The net profits for the same periods were 53.7 million yuan, 83.8 million yuan, and 85.5 million yuan, indicating a positive trend in profitability [6][7]. Group 3: Historical Context - Jinpu Titanium has faced declining performance, with revenues decreasing for three consecutive years from 2.51 billion yuan in 2022 to 2.13 billion yuan in 2024, and net losses expanding from 145 million yuan to 244 million yuan during the same period [11]. - The company previously attempted a significant acquisition in 2018, which was rejected by regulatory authorities due to concerns over the target company's financial stability and independence [10].