Core Viewpoint - Shenli Co., Ltd. (603819) faced a significant drop in stock price after announcing the termination of its control change due to the buyer's failure to pay the agreed transaction price, leaving the actual controller as Chen Zhongwei [1][3] Group 1: Control Change Announcement - On July 29, Shenli Co. disclosed that the control change was terminated because the buyer did not pay the transaction price as per the agreement [1][2] - The company stated that there are currently no undisclosed plans for a control change, and any future developments will be announced promptly [1] Group 2: Financial Performance - In the first half of 2025, Shenli Co. is expected to achieve a net profit of 5.6 million to 8.4 million yuan, indicating a turnaround from previous losses [3] - The company reported a revenue of approximately 1.281 billion yuan in 2024, with a net loss of about 38.43 million yuan [4] - In Q1 2025, Shenli Co. achieved a revenue of approximately 326 million yuan, a year-on-year increase of 21.55%, but the net profit decreased by 95.01% year-on-year to about 45,810 yuan [4]

Core Viewpoint - Shenli Co., Ltd. (603819) experienced a stock price drop to the limit after announcing the termination of its control change plan due to the buyer's failure to pay the agreed transaction price [1][3] Group 1: Control Change Announcement - On July 29, Shenli Co. disclosed that the control change plan was terminated as the buyer did not pay the transaction price as per the agreement, and the actual controller remains Chen Zhongwei [1][3] - This is not the first time Shenli Co. has attempted a control change; a similar attempt in 2022 also failed [5] Group 2: Stock Market Reaction - On July 30, Shenli Co. closed at a limit-down price of 13.3 yuan per share, with a total market value of approximately 2.896 billion yuan [3] - There were still 32,600 sell orders queued at the selling position at the close [3] Group 3: Financial Performance - For the first half of 2025, Shenli Co. expects to achieve a net profit attributable to shareholders between 5.6 million and 8.4 million yuan, indicating a turnaround from previous losses [6] - The company reported a revenue of approximately 1.281 billion yuan in 2024, with a net profit of approximately -38.43 million yuan [6] Group 4: Future Plans - Shenli Co. stated it will focus on improving operational efficiency, solidifying its core business, and optimizing management to provide stable returns to investors [7]

Core Viewpoint - Changzhou Shenli Motor Co., Ltd. (referred to as "Shenli Co.") is undergoing a significant change in control as its actual controller, Chen Zhongwei, plans to transfer 47.9 million shares to Liaoning Weishu and its concerted party, Guangzhou Kangqi Asset Management Center, for a total consideration of 697 million yuan at a price of 14.55 yuan per share [2][3][4]. Group 1: Share Transfer Details - Chen Zhongwei will transfer 32.65 million shares (15% of total share capital) to Liaoning Weishu and 15.25 million shares (7% of total share capital) to Kangqi Asset Zhi Yuan No. 1 Private Securities Investment Fund [4]. - After the transfer, Liaoning Weishu and its concerted parties will hold a total of 47.9 million shares, representing 22% of the company's total share capital, making Liaoning Weishu the new controlling shareholder [3][4]. Group 2: Financial Performance - Shenli Co. reported a net loss attributable to shareholders of 167 million yuan in 2022 and 5.83 million yuan in 2023, with a projected net loss of 47 million to 24 million yuan for the year 2024 [5]. - The company anticipates a non-recurring net profit of between -55 million and -32 million yuan for 2024 [5]. Group 3: Legal and Performance Commitments - The company is facing a legal dispute with Lijian Defense Technology Group regarding the non-payment of the third installment of the repurchase price amounting to 177 million yuan, leading to a provision for bad debts of approximately 76 million yuan [8]. - Chen Zhongwei has committed to ensuring that the net profit from the core business of motor stators, rotor punchings, and iron cores will not be less than 10 million yuan per year from 2024 to 2026, with compensation obligations if this target is not met [9].