A-Zenith(SH:603389) 证券时报·2025-07-03 12:13Core Viewpoint - *ST Yazhen's stock was suspended for verification due to a significant price deviation, with a cumulative increase of 29.43% from June 17 to June 26, which raised concerns about investor interests [3]. Group 1: Financial Performance - The company's projected total revenue for 2024 is 202 million yuan, with a net loss attributable to shareholders of 117 million yuan, and a net loss of 116 million yuan after excluding non-recurring gains and losses [3]. - For Q1 2025, the company reported an unaudited total revenue of 40.68 million yuan and a net loss attributable to shareholders of 21.31 million yuan [4]. Group 2: Stock and Control Changes - The controlling shareholder has changed to Wu Tao, with the actual controller shifting from Gao Wei and others to Wu Tao [5]. - Wu Tao has initiated a partial tender offer to acquire 21% of the company's shares at a price of 5.68 yuan per share, significantly lower than the recent closing price of 16.99 yuan per share [5]. - As of July 2, 2025, the total number of shares tendered in the offer reached 53.77 million, accounting for 20.46% of the company's total shares [6]. Group 3: Stock Performance and Market Activity - *ST Yazhen's stock has experienced a dramatic increase of over 260% since hitting a low of 4.45 yuan per share on April 8, with 23 out of 45 trading days resulting in price limits [7]. - The stock's surge is attributed to the planned change in control, with a significant share transfer agreement signed on April 17, involving approximately 29.99996% of the shares [9].