Beijing New Space Technology (SH:605178) 中国基金报·2025-07-30 00:17Core Viewpoint - The control change plan of Shikong Technology (605178) was announced to be terminated shortly after its initiation, indicating instability in the company's governance structure and potential implications for investor confidence [2][6]. Group 1: Control Change Announcement - On July 29, Shikong Technology announced the termination of the control change plan by its controlling shareholder, Gong Lanhai, leading to the resumption of trading on July 30, 2025 [3][4]. - The stock was initially suspended on July 24 due to the announcement of a potential control change, with trading expected to resume within a few days [5][6]. Group 2: Share Pledge and Ownership - Gong Lanhai released 4.3 million shares from pledge, representing 11.57% of his holdings and 4.33% of the total share capital [5]. - After the release, Gong Lanhai holds 37.45% of the total shares, with 436.6 million shares still pledged, which is 11.75% of his holdings [5]. Group 3: Company Background and Business Focus - Established in 2004 and listed in August 2020, Shikong Technology operates in the night economy and smart city sectors, focusing on lighting engineering system integration and innovative development in cultural tourism [7]. Group 4: Financial Performance - Shikong Technology has reported losses for four consecutive years, with a total revenue of 341 million yuan in 2024, marking a 68.14% increase year-on-year, but a net loss of 262 million yuan [8]. - The company anticipates a net loss of 75 to 61 million yuan for the first half of 2025, indicating ongoing financial challenges [8]. - Factors contributing to the losses include prolonged project development cycles, intense industry competition, and macroeconomic impacts affecting cash flow [8].