这家A股筹划“卖壳”，停牌！

Group 1 - The core point of the article is that Delixi Co., Ltd. is planning a change in control, which may lead to a shift in its major shareholder and actual controller [2] - Delixi Co., Ltd. was founded in 1996 and listed on the Shenzhen Stock Exchange in 2011, becoming a leading manufacturer of glassware in China and ranking third globally in production capacity [2] - The company ventured into the photovoltaic glass market in November 2020, establishing a wholly-owned subsidiary, Delixi Solar Energy, and signed a five-year procurement agreement with Longi Green Energy for at least 250 million square meters of photovoltaic glass from 2022 to 2026, with a total contract value of 5.531 billion yuan [3] Group 2 - Delixi Co., Ltd. has faced continuous losses since entering the photovoltaic sector, with a net profit loss of over 31 million yuan in 2020, expanding to 120 million yuan in 2024, and a further loss of over 45 million yuan in the first half of 2025 [3] - The company's asset-liability ratio has surged from 24% in 2019 to 68% in 2024, indicating financial strain as cash on hand is insufficient to cover short-term interest-bearing debts [3] - In 2025, Delixi Co., Ltd. has been selling assets to recover funds, including the sale of its wholly-owned subsidiary, Delixi Mining, for a total price of 135 million yuan [4] Group 3 - As of September 30, 2025, Delixi Co., Ltd. had a market capitalization of 3.261 billion yuan [5]