Core Viewpoint - The company, Shengli Co., is planning a significant asset restructuring involving the acquisition of gas-related assets controlled by its major shareholder and related parties, which includes 100% equity stakes in several gas companies and a majority stake in others [1][2]. Group 1: Asset Restructuring Details - Shengli Co. intends to issue shares and pay cash to acquire 100% of Zhongyou Gas (Zhuhai Hengqin) Co., Ltd. and Tianda Shengtong New Energy (Zhuhai) Co., Ltd., along with controlling stakes in Nantong Zhongyou Gas Co., Ltd. and Ganhe Zhongyou Gas Co., Ltd. [1] - Upon completion of the transaction, Shengli Co. will hold 100% of Zhongyou Gas and Tianda Shengtong, and will control 80% of Ganhe Zhongyou and 100% of Nantong Zhongyou [1]. Group 2: Regulatory and Approval Process - The transaction is classified as a related party transaction and is expected to constitute a major asset restructuring, but it will not change the actual controller of the company [2]. - The transaction is still in the planning stage, with no formal agreements signed yet, and it requires approval from the board, shareholders, and regulatory authorities before implementation [4]. Group 3: Financial Performance - In the third quarter, Shengli Co. reported revenue of 884 million yuan, a decrease of 12.5% year-on-year, while net profit was 31.64 million yuan, an increase of 14.35% [5][6]. - The company plans to distribute cash dividends of 0.15 yuan per share, totaling approximately 13.2 million yuan, based on its total share capital of 880 million shares as of June 30, 2025 [6]. Group 4: Company Background - Shengli Co. was listed on the Shenzhen Stock Exchange in 1996 and is a key enterprise supported by the Shandong provincial government, with operations in natural gas and plastic pipeline sectors [7]. - As of October 27, 2025, the company's total market capitalization was 3.327 billion yuan [7].

Core Viewpoint - The company, Shengli Co., is planning a significant asset restructuring involving the acquisition of gas-related assets controlled by its major shareholder and related parties, which includes 100% equity of Zhongyou Gas (Zhuhai Hengqin) Co., Ltd. and other subsidiaries [1][2]. Group 1: Asset Restructuring Details - Shengli Co. announced plans to issue shares and pay cash to acquire gas-related assets, including 100% equity of Zhongyou Gas (Zhuhai Hengqin) and Tian Da Sheng Tong New Energy (Zhuhai) Co., Ltd., as well as controlling stakes in Nantong Zhongyou Gas Co., Ltd. and Ganhe Zhongyou Industrial Park Gas Co., Ltd. [1] - The transaction is classified as a related party transaction and is expected to constitute a major asset restructuring, but it will not change the actual controller of the company [2]. Group 2: Trading Suspension and Timeline - To protect investor interests and avoid significant impacts on stock trading, the company's shares will be suspended from trading starting October 28, 2025, with plans to disclose the transaction scheme within 10 trading days, by November 11, 2025 [4]. - If the company fails to disclose the transaction scheme by the deadline, trading will resume on November 11, 2025, and the company will provide updates on the planning process and its implications [4]. Group 3: Financial Performance - In the third quarter, Shengli Co. reported revenue of 884 million yuan, a year-on-year decrease of 12.5%, while net profit reached 31.64 million yuan, an increase of 14.35% [5][6]. - The company plans to distribute cash dividends of 0.15 yuan per 10 shares, totaling approximately 13.2 million yuan, based on the total share capital as of June 30, 2025 [6]. Group 4: Company Background - Shengli Co. was listed on the Shenzhen Stock Exchange in 1996 and is a key enterprise supported by the Shandong provincial government, with over 2,000 employees and operations in natural gas and plastic pipeline sectors [7][8]. - As of October 27, 2025, the company's total market capitalization was approximately 3.33 billion yuan [9].