300329，筹划控制权变更！停牌前直线大涨！

Core Viewpoint - The piano consumption market is shrinking, leading to potential changes in control at Hailun Piano, which may impact its future operations and market position [2][4]. Company Overview - Hailun Piano, founded by Chen Hailun in 2001, is one of the few Chinese piano brands named after its founder and has been recognized internationally [5]. - The company went public in 2012 and is one of only two listed companies in the Chinese musical instrument industry [5]. Recent Developments - On July 17, Hailun Piano's stock surged nearly 12%, reaching a market capitalization of 2.6 billion yuan [4][5]. - The company announced that its controlling shareholders are planning a change in control, although no formal agreements have been signed yet [4]. Market Challenges - The piano market has seen a significant decline, with traditional piano sales dropping from 500,000 units in 2019 to 85,000 units currently, a decrease of approximately 83% [6]. - Hailun Piano's sales in 2024 were reported at 10,370 units, down 49.75% year-on-year, with revenue of 159 million yuan, a decline of 46.47% [6]. Future Outlook - Chen Hailun has indicated that the future of the musical instrument industry lies in smart electronic instruments, targeting markets for elderly and children [6].