603045，重大资产重组终止！

Core Viewpoint - Fuda Alloy (603045.SH) announced the termination of a significant asset restructuring plan, which involved acquiring a 52.61% stake in Zhejiang Guangda Electronic Technology Co., Ltd. for 352 million yuan, due to market conditions and changes in the target company [1][4]. Group 1: Termination of Asset Restructuring - The board of Fuda Alloy approved the termination of the major asset restructuring on December 15, 2025 [1]. - The original plan was to purchase a 52.61% stake in Guangda Electronics for 352 million yuan [4]. Group 2: Company Performance - Fuda Alloy reported a revenue of 3.497 billion yuan for the first three quarters of the year, representing a year-on-year increase of 30.03% [7]. - The net profit attributable to shareholders was 55.5042 million yuan, up 33.52% year-on-year [7]. - As of December 15, the stock price was 19.41 yuan per share, down over 14% from the end of October, with a market capitalization of 2.6 billion yuan [7]. Group 3: Guangda Electronics Overview - Guangda Electronics, established in 2010, is a national high-tech enterprise focused on the research, production, and sales of new electronic pastes [9]. - The company specializes in photovoltaic conductive pastes and has developed a diverse product structure, including mainstream products like TOPCon cell silver paste and xBC cell silver paste [9].