Jiangsu Yangdian Science & Technology (SZ:301012) 中国基金报·2025-07-16 01:48Core Viewpoint - Yangdian Technology is set to change ownership to Sichuan Hantang Cloud Intelligent Computing Technology Co., Ltd., with a potential increase in shareholding within the next 12 months [2][10]. Group 1: Ownership Change - Yangdian Technology announced on July 15 that its controlling shareholder and significant shareholders signed a share transfer agreement with Hantang Cloud Intelligent Computing [10]. - The first phase involves the transfer of 9.04% of shares from Zhao Henglong to Hantang Cloud Intelligent Computing, while a second phase will see the transfer of 12.96% of shares from Cheng Junming after the lock-up period [10]. - Following the completion of these transactions, Hantang Cloud Intelligent Computing will hold 22% of Yangdian Technology, gaining control, while Cheng Junming's share will reduce to 14.21% [10][11]. Group 2: Market Reaction - Yangdian Technology's stock was suspended from trading on July 14 and resumed trading on July 16, opening with a 20% increase [6][7]. Group 3: Company Background - Hantang Cloud Intelligent Computing is a wholly-owned subsidiary of Sichuan Hantang Cloud Information Technology Co., Ltd., which is backed by state-owned enterprises from Sichuan, Yaan, and Shenzhen [4]. - Hantang Cloud Information was established in December 2020 and operates in various cities, managing over 4,000 server cabinets [16]. Group 4: Financial Performance - Yangdian Technology has experienced significant revenue fluctuations, with revenues of 635 million, 575 million, and 1.333 billion yuan from 2022 to 2024, and net profits of approximately 66 million, 6.76 million, and 70 million yuan during the same period [17]. - Hantang Cloud Information's revenues have also grown, reaching 457 million, 701 million, and 996 million yuan from 2022 to 2024, with net profits of 176 million, 242 million, and 426 million yuan [19].