000545，终止重大资产重组！

Core Viewpoint - Jinpu Titanium Industry has announced the termination of its major asset restructuring plan, which was aimed at diversifying its business and exiting the loss-making titanium dioxide sector [3][4][5]. Group 1: Termination of Restructuring - On September 23, Jinpu Titanium Industry's board approved the termination of the major asset swap, share issuance, and cash payment for asset acquisition [4]. - The restructuring plan, which had been in progress for several months, was intended to exchange assets with Nanjing Jinpu Dongyu Investment Co. and Dongtai Hengyutai Enterprise Management Partnership [5][6]. - The proposed transaction involved swapping certain assets and liabilities of Jinpu Titanium's subsidiaries for a 100% stake in Nanjing Lide Oriental Plastic Technology Co., which was part of the strategic shift towards rubber products [5][7]. Group 2: Financial Context and Strategic Shift - Jinpu Titanium Industry has faced significant losses over the past three years, primarily due to high energy and labor costs, and lacks the conditions for new investments or expansions [6]. - The company aims to strategically exit the continuously loss-making titanium dioxide business and focus on developing its rubber products segment [7]. - As of now, Jinpu Titanium has a market capitalization of approximately 3.1 billion yuan [9].