Core Viewpoint - *ST Haihua's actual controller, Wang Feng, is planning a significant matter that may lead to a change in the company's control [1][4]. Group 1: Company Announcement - *ST Haihua announced that its stock will be suspended from trading starting October 13, 2025, for no more than two trading days [3][4]. - The company has received notification from Wang Feng regarding the planning of a share transfer agreement, which may result in a change of control [4]. Group 2: Shareholder Changes - The company has seen changes in its top shareholders, with four new shareholders reported in the 2025 semi-annual report [4]. - Qinghai Xinshi Real Estate Co., Ltd. became the second-largest shareholder after receiving a transfer of 18 million shares, representing 4.1% of the total share capital [4]. Group 3: Financial Performance - *ST Haihua has experienced continuous losses for four consecutive years, with a reported revenue of 113 million yuan in the first half of 2025, a decrease of 3.43% year-on-year [7][9]. - The net profit attributable to shareholders was a loss of 2.18 million yuan in the same period [9]. Group 4: Business Strategy - The company is actively seeking to transform and improve its financial situation by acquiring gas station equity and expanding into clean energy [7][10]. - A recent acquisition involved spending 43 million yuan to acquire 100% of Bazhou Luxin Dingsheng Gas Co., Ltd., despite its poor financial performance [10].