Core Viewpoint - The actual controller of Huamai Technology, Xu Aimin, is planning to transfer control of the company again after a failed attempt last year, which is attributed to the company's declining performance and recent losses in net profit [1][4]. Group 1: Control Change Announcement - On October 20, Huamai Technology announced that Xu Aimin is planning to transfer shares, which may lead to a change in control [1][2]. - The stock price of Huamai Technology hit the daily limit before the announcement, closing at 15.98 yuan per share on October 17, with a total market value of 2.566 billion yuan [2]. - The company has suspended trading as of October 20, with a promise to announce developments within two trading days [2]. Group 2: Financial Performance - Huamai Technology has faced significant financial pressure, with continuous net losses over the years, including a loss of approximately 21.8 million yuan in the first half of this year, which is an increase in losses year-on-year [4]. - The company's revenue has also declined, with reported revenues of approximately 3.75 billion yuan in the first half of this year, down 9.29% year-on-year [4]. - The company’s net profit for the years 2022 to 2024 was reported as -95.47 million yuan, -84.20 million yuan, and 14.57 million yuan, respectively, indicating a struggle to return to profitability [4]. Group 3: Market Reactions and Insights - The early stock price surge before the control change announcement raises concerns about potential insider trading and market fairness [2][3]. - Market analysts suggest that a change in control could bring new opportunities for the company, potentially boosting stock prices [3]. - The previous attempt to change control in June 2023 involved a potential buyer with AI assets, which generated market speculation about future developments [6].