Core Viewpoint - Deep Kangjia A is facing significant financial difficulties, including overdue loans to its associate company, which are unlikely to be recovered due to the latter's insolvency and ongoing losses in its core business [1][2][6]. Financial Situation - Deep Kangjia A has reported continuous losses over three and a half years, totaling 7.313 billion yuan [10]. - The company’s revenue has declined significantly, with figures of 29.608 billion yuan, 17.849 billion yuan, and 11.115 billion yuan from 2022 to 2024, representing a nearly 40% decrease each year [8]. - For the first half of 2025, the company achieved a revenue of 5.248 billion yuan, a year-on-year decrease of 3.05%, while net losses increased by 64.75% to 383 million yuan [9]. Loan and Investment Issues - Deep Kangjia A provided a loan of 196 million yuan to Dongguan Guankang Yuhong Investment Co., Ltd., which has now become overdue due to the latter's inability to repay [1][3]. - As of June 30, 2025, Guankang Yuhong's total assets were 394 million yuan, total liabilities were 504 million yuan, and net assets were -110 million yuan, indicating insolvency [5]. Business Operations - The company’s consumer electronics business is currently operating at a loss, and its semiconductor business is still in the early stages of industrialization [2][8]. - Despite some improvements in production efficiency and product competitiveness in the television sector, the company continues to face challenges from intensified market competition and supply chain disruptions [8]. Management Actions - In response to the overdue loan, the company has issued a demand for repayment and is considering legal actions to protect its interests [6]. - A special task force has been established to oversee the management of Guankang Yuhong and ensure proper use of funds [7].

"放手"深康佳A 星标 ★ IPO日报 精彩文章第一时间推送 中国改革开放后诞生的第一家中外合资电子企业，或将迎来公司控股股东的变更。 近期，康佳集团股份有限公司（下称"深康佳Ａ"，SZ000016）公告，公司接到控股股东华侨城集团有限公司通知，为推进央企之间专业化整合，优化资 源配置，拟由其他央企集团对公司实施专业化整合。 此次整合或将导致公司控股股东发生变更，但不会导致实控人发生变更，仍为国务院国资委。 制图：佘诗婕 据深康佳Ａ官网介绍，其前身是"广东光明华侨电子工业公司",是中国改革开放后诞生的第一家中外合资电子企业，初始投资4300万港元。 1989年，公司更名为深圳康佳电子有限公司。1991年，其改组为股份制公司，1992年，在深圳证券交易所上市。 据悉，深康佳Ａ的业务主要包含消费类电子业务和半导体业务。 其中，消费类电子业务包括大众熟知的多媒体业务即彩电等产品，以及白色家电业务如 冰箱等；2016年，深康佳Ａ开始布局半导体业务，2018年成立半导体科技事业部，2021 年正式布局光伏产业。 近年来，深康佳Ａ陷入亏损困局，这或许是其控股股东欲转让股份的原因之一。 2015年，华侨城集团有限公司（下称 ...