HUAXING CHUANGYE(SZ:300025)2022-12-08 05:26Group 1: Company Overview - The company, Huaxing Chuangye Communication Technology Co., Ltd., has terminated its major asset restructuring for the second time this year due to a lack of understanding of the target company's decision-making mechanism [2]. - The company has committed not to pursue further restructuring within three months following the recent failures [2]. Group 2: Financial Performance - For the first half of the year, the company achieved operating income of 349 million, representing a year-on-year growth of 58.06% [3]. - The net profit attributable to ordinary shareholders of the listed company reached 26.18 million, an increase of 4.61 times compared to the same period last year [3]. - The revenue growth is attributed to the consolidation of subsidiaries and effective control of management expenses and R&D investments [3]. Group 3: Market Position and Strategy - The company aims to cautiously select growth-oriented industries, focusing on long-term planning rather than one-time transactions [3]. - The establishment of the "Tower Company" is expected to have a profound impact on the mobile communication market, although the company's services will remain necessary due to differing network standards among operators [3].