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On 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.Termination of reorganization

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.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.Yayun shares had high expectations for this major asset restructuring. The company once said, "After this transaction, listed companies will enter the field of new energy business, which is a strategic industry strongly supported by the state and will continue to achieve rapid development. This newly injected business will comprehensively enhance the core competitiveness of listed companies in the new energy industry and help the long-term development of listed companies. "

Had planned to enter a new fieldIn fact, Eagle Smart Communication is not the first time to make its debut in the capital market. Before 2018, the company was listed on the New Third Board market under the name of "Chengdu Yingming E-commerce Co., Ltd." and the short name of "Yingming E-commerce". At that time, it was mainly engaged in "internet plus Automobile Aftermarket" and had many platforms such as online operation platform No.11 store and online supply chain e-commerce platform 51 accessories.[Plan not to reorganize for one year! 】