另外，将东珠生态9月9日披露的交易预案与其半年报对比发现，上市公司前十大股东名单发生较大变 化，出现4名"新进"股东（即7月1日-8月26日期间入股），其中就包括MORGAN STANLEY & CO. INTERNATIONAL PLC.（摩根士丹利国际股份有限公司）、UBS AG（瑞士联合银行集团）。 自筹划本次交易以来，东珠生态多次发布进展公告，表示与相关方正在积极推进本次交易的相关工作。 但是截至目前，凯睿星通的审计、评估工作尚未完成，交易价格也未最终确定。 这项重组，对正处于业绩困境中的东珠生态而言，或对其转型战略造成挫折。公开资料显示，东珠生态 主营业务涵盖生态湿地保护、水环境治理、市政景观、矿山修复等多个生态环保领域。然而，公司近年 来的财务表现不容乐观，2023年归母净利润亏损3.15亿元，2024年亏损额进一步扩大至6.3亿元。进入 2025年，颓势仍未扭转，前三季度实现营业总收入2.58亿元，同比下降29.78%；归母净利润亏损 3024.18万元。 目前，东珠生态还涉及多个较大金额诉讼，显示出公司部分工程款回收困难。今日盘后，东珠生态披露 了《关于涉及诉讼、仲裁情况的公告》显示，公司因与 ...

东珠生态（603359）1月9日晚公告称，鉴于市场环境变化等因素，公司原拟筹划收购凯睿星通信息科技（南京）股份有限公司（简称"凯睿星通"）控制权 的交易，未能在相关商业条款达成初步一致，交易各方正在协商本次交易终止事宜。 图片来源：公司公告 此次跨界收购，曾被视为东珠生态布局商业航天与通用航空领域的关键一步。 图片来源：同花顺 东珠生态是一家生态修复与治理企业，业务涵盖生态湿地保护、水环境治理、市政景观、国储林、森林公园、矿山修复、林碳开发管理等板块。 凯睿星通成立于2011年，经营范围包括卫星移动通信终端制造、卫星移动通信终端销售、卫星通信服务、卫星技术综合应用系统集成、智能无人飞行器制 造、智能无人飞行器销售等。 东珠生态此前公告表示，本次交易完成后，上市公司将实现战略转型，切入到卫星通信与空间信息技术领域，打造第二增长曲线，加快向新质生产力转型 步伐，增加新的利润增长点，从而进一步提高上市公司持续盈利能力。 2025年前三季度，东珠生态实现营业收入2.58亿元，同比下降29.78%；归母净利润亏损3024.18万元、扣非净利润亏损3011.31万元，同比均由盈转亏。公 司2023年及2024年均为亏损状 ...

Core Viewpoint - Dongzhu Ecology is facing severe financial distress, with a significant lawsuit and multiple undisclosed legal cases threatening its viability [1][2] Financial Situation - Dongzhu Ecology has been sued for a total of 5.52 billion yuan, which is more than double its total revenue of 2.58 billion yuan for the first three quarters of the year [1] - The company reported a loss of 315 million yuan in 2023, with projected losses doubling to 630 million yuan in 2024 [1] - Revenue has plummeted from over 800 million yuan to 376 million yuan, a decline of more than 54.6% [1] Legal Issues - The lawsuit includes claims for principal amounts of 1.66 billion yuan and 1.91 billion yuan, along with various financial fees totaling over 1.3 billion yuan [1] - Dongzhu Ecology has acknowledged 16 additional undisclosed lawsuits with a cumulative amount of 630 million yuan, indicating total debts exceeding its annual revenue [1] Strategic Moves - Despite its financial troubles, Dongzhu Ecology plans to acquire 89.49% of a satellite technology company, Kairuixingtong, through a combination of stock issuance and cash [1] - This strategic shift towards satellite communication and space information technology is viewed as a desperate attempt to pivot from its core business of environmental protection [1][2] Market Perception - The market may be skeptical about the feasibility of a struggling company transitioning into the high-tech satellite industry, raising concerns about investor confidence [2] - The company's shift from traditional environmental projects to the "space economy" is perceived as a survival tactic rather than a genuine strategic transformation [2]

Group 1 - The company Dongzhu Ecological (603359) announced a major asset restructuring plan involving the acquisition of a controlling stake in Kairuixingtong Information Technology (Nanjing) Co., Ltd. through a combination of share issuance and cash payment [1][2] - The transaction is expected to constitute a significant asset restructuring but will not result in a change of the actual controller of the company, thus not qualifying as a restructuring listing [2] - The acquisition marks a cross-industry move for Dongzhu Ecological, aiming to enter the general aviation services sector, among other areas [5] Group 2 - Kairuixingtong, established in 2011, operates in various fields including telecommunications, general aviation services, surveying services, and the manufacturing and sales of satellite communication terminals and intelligent unmanned aerial vehicles [5] - Dongzhu Ecological operates in the ecological protection and environmental governance sector, providing services in wetland protection, water environment management, municipal landscape, and forest carbon development management [5] - In the first quarter of this year, Dongzhu Ecological reported a revenue of 106 million yuan, a year-on-year decrease of 15.01%, and a net loss attributable to shareholders of 394,900 yuan [5]