Core Viewpoint - The company, Xin Dazheng, is planning a significant asset restructuring involving the acquisition of at least 51% of the equity of Jiaxin Liheng Facility Management (Shanghai) Co., Ltd. through a combination of issuing shares and cash payments, along with raising supporting funds [2][5]. Group 1: Transaction Details - The transaction is expected to constitute a major asset restructuring and will not lead to a change in the actual controller of the company [4]. - The stock of Xin Dazheng has been suspended from trading since September 15, with a plan to disclose the transaction scheme within 10 trading days, or it will resume trading on September 29 [4]. - The preliminary agreement for the transaction was signed on September 14 with TS Capital Facility Management Holding Company Limited and Beijing Xinrunheng Equity Investment Partnership [5]. Group 2: Target Company Overview - Jiaxin Liheng, established in 2020 and backed by CITIC Capital, operates in various engineering construction activities and facility management services, aiming to become a leading zero-carbon integrated facility management service provider in China [6]. - The company holds a significant market presence with brands such as Dussmann and Anruimeng, focusing on carbon neutrality solutions, environmental management, and digital management [6]. Group 3: Company Performance - In the first half of the year, Xin Dazheng reported a revenue of 1.503 billion yuan, a year-on-year decrease of 12.88%, and a net profit attributable to shareholders of 71.18 million yuan, down 12.96% [6]. - The company is undergoing a strategic restructuring to adapt to the industry's transition from scale expansion to quality improvement, which includes exiting low-efficiency projects and accelerating digital transformation [7][8]. - Despite short-term challenges, the strategic changes are expected to enhance the company's resilience and core competitiveness for long-term high-quality development [8]. Group 4: Market Performance - Xin Dazheng's stock price has increased by over 46% year-to-date [10].