Core Viewpoint - The company, Biaobang Co., Ltd. (301181), announced on October 30 that its controlling shareholder, Jiangyin Biaobang Network Technology Co., Ltd., and actual controller Zhao Qi are planning a change in the company's control, which may lead to a change in the controlling shareholder and actual controller [1][3]. Group 1: Control Change Announcement - The parties involved have not yet signed a formal agreement and are currently discussing specific transaction plans and agreements [3]. - The implementation and outcome of this transaction remain uncertain, and investors are advised to pay attention to subsequent announcements [3]. Group 2: Stock Suspension - To ensure fair information disclosure and avoid abnormal stock price fluctuations, the company has applied for a suspension of its stock trading starting from October 31, 2025, for no more than two trading days [3]. Group 3: Stock Performance - As of the close on October 30, the stock price of Biaobang Co., Ltd. was 51.2 yuan per share, with a total market capitalization of 5.916 billion yuan, having increased over 60% in October [4]. Group 4: Financial Performance - For the third quarter of 2025, the company reported a revenue of 129 million yuan, representing a year-on-year increase of 15.68%, and a net profit attributable to shareholders of 29.6 million yuan, up 7.58% year-on-year [6][7]. - Year-to-date revenue reached approximately 397 million yuan, with a 10.50% increase compared to the same period last year, while the net profit attributable to shareholders for the year-to-date was about 90.5 million yuan, reflecting a 1.87% increase [7].

Core Viewpoint - The company, Biaobang Co., Ltd. (301181), is undergoing a potential change in control, which may affect its major shareholder and actual controller [2][4]. Group 1: Company Announcement - Biaobang Co., Ltd. announced on October 30 that its major shareholder, Jiangyin Biaobang Network Technology Co., Ltd., and actual controller Zhao Qi are planning a change in control [2]. - The announcement states that no formal agreements have been signed yet, and discussions regarding the specific transaction plan are ongoing [4]. - To ensure fair information disclosure and avoid abnormal stock price fluctuations, the company has applied for a trading suspension starting from October 31, 2025, for up to two trading days [4]. Group 2: Stock Performance - As of the market close on October 30, Biaobang's stock price was 51.2 yuan per share, with a total market capitalization of 5.916 billion yuan [5]. - The stock has seen an increase of over 60% in October [5]. Group 3: Financial Performance - In the third quarter of 2025, Biaobang reported a revenue of 129 million yuan, representing a year-on-year growth of 15.68% [7]. - The net profit attributable to shareholders was approximately 29.6 million yuan, up 7.58% year-on-year [7]. - The company’s total assets at the end of the reporting period were approximately 1.635 billion yuan, showing a decrease of 0.80% compared to the end of the previous year [7].