Core Viewpoint - Jiemite (300868.SZ) announced the termination of its major asset restructuring plan due to the inability of the parties involved to reach an agreement on core terms [1][2] Group 1: Termination of Restructuring - Jiemite had planned to acquire control of Siten Helix (Tianjin) Technology Co., Ltd. through a cash transaction [1] - The termination was agreed upon by all parties after multiple negotiations failed to yield a final agreement [1][2] - The company emphasized that the decision was made to protect the interests of all parties and shareholders [1] Group 2: Financial Performance - For the first three quarters of 2025, Jiemite reported a revenue of 440 million yuan, a year-on-year decrease of 21.08% [2] - The net profit attributable to shareholders was -25.12 million yuan, compared to a profit of 10.08 million yuan in the same period last year [2] - The net cash flow from operating activities was 10.52 million yuan, down 89.38% year-on-year [2] Group 3: Historical Financial Data - The net profit attributable to shareholders, excluding non-recurring gains and losses, for the years 2021 to 2024 were -5.70 million yuan, -157 million yuan, -133 million yuan, and -27.56 million yuan respectively [3] - Jiemite was listed on the Shenzhen Stock Exchange on August 24, 2020, with an initial public offering of 32 million shares at a price of 41.26 yuan per share [3] - The total funds raised amounted to 1.32 billion yuan, with a net amount of 1.19 billion yuan after deducting issuance costs [3] Group 4: Company Background - Jiemite Technology Co., Ltd. was established in 2006 and is primarily engaged in the manufacturing of computers, communications, and other electronic devices [4] - The company has a registered capital of 128 million yuan and completed its IPO in 2020 [4]