Core Viewpoint - Donggao Technology has failed to meet its performance commitments for three consecutive years, leading to significant financial and operational challenges for the company [1][2][3]. Financial Performance - In the last year, Donggao Technology reported a revenue of 142.94 million yuan, a year-on-year decline of 66.13% [2]. - The operating profit was 9.95 million yuan, and the net profit was 4.23 million yuan, with a non-recurring net profit of only 8.77 million yuan, although this represents a growth of 34.94% compared to 2023 [2]. - The company has consistently failed to meet the performance commitments made during its acquisition, with a cumulative non-recurring net profit of only 13.45 million yuan in 2022, 6.50 million yuan in 2023, and a projected performance rate of only 17.55% for 2024 [3]. Compliance Issues - Donggao Technology faced regulatory penalties due to compliance violations, leading to two separate six-month suspensions on acquiring new clients [5][6]. - The first suspension occurred in November 2023 due to issues related to stock pool management and promotional compliance [5]. - The second suspension in June 2024 was due to misleading revenue implications and continued client acquisition during the suspension period [6]. Operational Challenges - The company has experienced significant operational difficulties, including a fine of 20,000 yuan for wage arrears affecting 230 employees [6]. - The financial report indicated a tripling of default compensation payments to 2.92 million yuan compared to 637,500 yuan in 2023 [6]. - Following the sale of a 2% stake for 5 million yuan, Donggao Technology's ownership dropped from 51% to 49%, resulting in a loss of control over the company [4].

公告披露，重型车辆成立于2020年12月，注册资本为4500万元，经营范围包括一般项目：仪器仪表销 售、矿山机械制造、机械设备研发、汽车零部件及配件制造、汽车新车销售等。 据悉，2022年，徐工机械向徐工集团等17名交易对方发行股份吸收合并徐工集团工程机械有限公司（以 下简称"徐工有限"），在吸收合并交易中，徐工集团关于避免同业竞争作出承诺：其控制的徐州徐工汽 车制造有限公司（以下简称"徐工汽车"）下属的重型车辆存在生产及销售宽体自卸车的业务，该项业务 与徐工有限控制的徐州徐工矿业机械有限公司开展的矿用自卸车业务在产品用途和客户方面存在一定相 似度，业务存在一定重叠。 对此，徐工集团承诺，徐工汽车将自该次交易的资产交割之日起36个月内，让渡重型车辆的控股权，让 渡完成后，重型车辆的控股股东将为上市公司或者与其无关联关系的第三方投资者，或者无实际控制 人，避免同业竞争。上述吸收合并交易已于2022年8月1日完成交割。 最新的财务数据显示，2024年，重型车辆营业收入为22.88亿元，净利润为1.29亿元，2025年1月至3月， 公司营业收入为6.66亿元，净利润为3367.52万元；截至3月31日，公司总资产为 ...