trading and cryptocurrency Top stories

Planning for more than a year, the listed company announced that it intends to terminate major asset restructuring!After more than one year, the major asset restructuring of Yayun Co., Ltd. (603790) may end, and the company originally planned to enter the new energy business field.Yayun, a subsidiary of textile and chemical industry, is mainly engaged in the research, development, production and sales of dyes and textile auxiliaries. Under the current industry trends such as the overall weakness of the consumer market and the accelerated transfer of the textile industry chain, the company's operation is facing challenges. In the first half of this year, the overall operating performance of Yayun Co., Ltd. rebounded compared with the same period of last year. The company realized operating income and net profit attributable to its mother were 437 million yuan and 43.6 million yuan respectively.

Termination of reorganizationHad planned to enter a new fieldAfter more than one year, the major asset restructuring of Yayun Co., Ltd. (603790) may end, and the company originally planned to enter the new energy business field.

Termination of reorganizationOn the evening of December 9, Yayun shares announced the news of the proposed termination of major asset restructuring. The company originally planned to acquire 100% shares of Chengdu Eagle Smart Communication Technology Co., Ltd. (hereinafter referred to as "Eagle Smart Communication") and raise matching funds at the same time. If the transaction is successfully completed, Yayun shares will enter new business areas such as new energy exchange services.In the past two years, the more active monthly share price trend of Yayun shares in the secondary market is related to restructuring. According to Wind's statistics, Yayun shares rose 29% in May last year, and Yayun shares released a restructuring plan that month. From September to October this year, Yayun shares rose by 26%, with an amplitude of 49%. During this period, the CSRC issued the Opinions on Deepening the Market Reform of Mergers and Acquisitions of Listed Companies.