Core Viewpoint - Unisoc is planning to acquire controlling or full ownership of Ruineng Semiconductor Technology Co., Ltd. through a combination of issuing shares and cash payments, while also raising supporting funds [1] Group 1: Acquisition Details - Unisoc is in the process of acquiring stakes from Nanchang Jianen Semiconductor Industry Investment Center, Beijing Guangmeng Semiconductor Industry Investment Center, and Tianjin Ruixin Semiconductor Industry Investment Center [1] - The acquisition will involve the purchase of controlling rights or all shares of Ruineng Semiconductor [1] Group 2: Stock and Bond Suspension - Unisoc's stock will be suspended from trading starting December 30, 2025, in accordance with Shenzhen Stock Exchange regulations [1] - The company's convertible bonds, referred to as Guowei Convertible Bonds, will also be suspended from trading and conversion on the same date [1] Group 3: Subsidiary Deregistration - Unisoc's wholly-owned subsidiary, Jiezun Chip Testing, has completed its deregistration process as per the notice from Yutian County Administrative Approval Bureau [1] - The deregistration will lead to changes in the consolidated financial statements, as Jiezun Chip Testing will no longer be included [1] - This deregistration is not expected to significantly impact the company's normal operations, overall business development, or profitability [1]

Core Viewpoint - Leap Motor has secured a strategic investment of 3.744 billion RMB from FAW Equity Investment, focusing on research and development, supply chain assurance, and international market expansion [2][3][4]. Group 1: Strategic Investment - Leap Motor signed an agreement with FAW Equity Investment to issue 74,832,245 domestic shares at a price of 50.03 RMB per share, raising a total of approximately 3.74386 billion RMB (around 4.1375 billion HKD) [3]. - The share price represents a premium over the closing price of 49.94 HKD on December 24, 2025, and the average closing price of 49.23 HKD over the previous five trading days [3]. - The funds raised will be allocated as follows: approximately 50% (1.87193 billion RMB) for R&D, 25% (935.96 million RMB) for working capital and general corporate purposes, and the remaining 25% (935.96 million RMB) for expanding sales and service networks and enhancing brand awareness [3]. Group 2: Supply Chain and Internationalization - Leap Motor has renewed a parts procurement framework agreement with Huari Jie Technology, allowing for the purchase of camera and radar assemblies with an annual transaction cap of 1.1 billion RMB for the year 2026 [5]. - This agreement aims to ensure the supply of components for smart driving and supports the sales growth of new models and high-level driving system development [5]. - Additionally, Leap Motor's subsidiary Zhejiang Leap Motor Sales Service has entered into a brand development and market insight service agreement with Leap International Business, which is partially owned by Stellantis, for a service fee of 42 million euros (approximately 347.5374 million RMB) [6]. - This collaboration is expected to enhance Leap Motor's brand recognition and competitiveness in international markets, leveraging Stellantis' overseas resources and experience [6].

12月29日，凯众股份发布公告，披露公司筹划重大资产重组事项的最新进展。截至公告披露日，本次交易的审计、评估等相关 工作正有序推进，公司将严格按照相关法律法规要求及时履行信息披露义务。 据公告介绍，凯众股份拟以发行股份及支付现金的方式，收购安徽拓盛汽车零部件股份有限公司60%的股权，并同步募集配套 资金。经初步测算，本次交易预计构成重大资产重组及关联交易，是公司优化业务布局的重要举措。 公告同时提示，本次重大资产重组尚需满足多项交易条件方可实施，包括但不限于公司再次召开董事会、股东大会审议通过本 次交易正式方案，以及上海证券交易所审核通过、中国证监会同意注册等。 回顾交易进程，公司股票及可转债已于2025年11月24日开市起停牌。2025年11月28日，凯众股份审议通过了《关于<上海凯众材 料科技股份有限公司发行股份及支付现金购买资产并募集配套资金暨关联交易预案>及其摘要的议案》等多项与本次交易相关的 议案。随后，经向上海证券交易所申请，公司股票及可转债于2025年12月1日开市起复牌。 ...

值得一提的是，2025年12月2日，公司已收到国家市场监督管理总局出具的《经营者集中反垄断审查不实施进一步审查决定 书》，明确对唐山工控收购共进股份股权案不实施进一步审查，公司可依法实施集中。 此次唐山市国资委出具的批复进一步明确了股份受让方案细节：一是同意唐山工控分两阶段协议受让唐佛南、汪大维等相关 方持有的共进股份合计不超过148,124,297股股份（折合股比不超过18.81478%），成为公司第一大股东并取得控股权；二是 同意第一次股份收购按10.75元/股的交易价格，受让合计88,055,885股股份（折合股比11.18488%），同时通过表决权委托实 现合计26.09847%的表决权控制，成为公司控股股东；三是明确2026年1月1日至6月30日期间（相关股份限售期解除后）， 唐山工控需适时开展第二次股份收购事宜并报市国资委批准，若未能按期完成或无法完成，需将相关情况报备；四是界定唐 山工控为共进股份国有股东，证券账户标注"SS"，并要求其及时在国有股权管理信息系统填报相关情况；五是要求督导唐山 工控依法行使股东权利、履行股东义务，严格按照国有资产管理及证券监管规定管理所持股份。 12月29日，共进 ...

Group 1 - The core investment announcement by the company involves a partnership with Xiamen Zongheng Jinding Private Equity Fund Management Co., Ltd., leading to the establishment of a joint venture focused on emerging fields such as humanoid robots and low-altitude economy [2] - The investment in Ruierman Intelligent Technology (Beijing) Co., Ltd. amounts to 50 million yuan, marking a significant step in the company's strategic expansion into humanoid robotics and related technologies [2] - The joint venture aims to invest in high-growth unlisted companies and compliant investment opportunities, including those listed on the New Third Board [2] Group 2 - The investment aligns with the company's strategic development plan and business synergy needs, enhancing the efficiency of its own capital usage while expanding its business boundaries [3] - The company has cumulatively invested 100 million yuan through the joint venture, with the recent investment in Ruierman being the second key focus after a previous investment in Shanghai Wolante Aviation Technology Co., Ltd. [3] - These investments highlight the company's diversified strategy in emerging industries, specifically targeting low-altitude economy and humanoid robotics [3]

Group 1 - The core announcement is that Neusoft Carrier has established a secondary holding subsidiary, Guangdong Hongqingrun Energy Storage Co., Ltd., marking its official entry into the energy storage sector [2][3] - The new subsidiary was registered with a capital of 100 million yuan, with Neusoft Carrier contributing 60 million yuan alongside other partners [2] - The business scope of the new subsidiary includes energy storage technology services, energy management, investment activities, and research in emerging energy technologies [2] Group 2 - The establishment of the subsidiary aligns with the company's strategic development plan, aiming to expand its business footprint in the energy storage field [3] - This move is intended to help the company seize opportunities in the emerging energy industry [3]

12月28日，通业科技发布公告称，拟以现金方式收购北京思凌科半导体技术有限公司91.69%的股权， 交易总价达5.61亿元。根据公告，本次交易构成重大资产重组及关联交易，交易完成后公司将正式切入 电力物联网通信芯片领域，实现轨道交通业务与半导体技术的战略协同。 公告显示，通业科技与思凌科的收购谈判始于2025年8月18日，最初计划收购其100%股权，后经协商调 整为91.69%。根据中水致远资产评估有限公司出具的评估报告，以2025年7月31日为评估基准日，思凌 科100%股权评估价值为6.12亿元，较其合并报表口径归属于母公司股东所有者权益账面价值1.26亿元增 值4.86亿元，评估增值率高达387.41%。 经双方协商，思凌科91.69%股权的最终交易价格确定为5.61亿元，全部以现金方式分两期支付：协议生 效后五个工作日内支付50%（2.81亿元），标的资产完成工商变更登记后五个工作日内支付剩余50%。 通业科技表示，本次收购是公司实现战略转型升级的重要举措。交易完成后，公司将借助自身在轨道交 通市场的优势，将思凌科的高速电力线载波芯片及模块应用于轨道交通电网系统、信号系统等场景，同 时通过思凌科的核心 ...

Core Viewpoint - The company, Shanghai Hejian Industrial Software Group, has officially initiated its IPO process, marking a significant step for a leading domestic EDA (Electronic Design Automation) enterprise in China [1][2]. Group 1: Company Overview - Hejian Industrial Software focuses on providing comprehensive EDA tools for digital chip design, possessing multiple proprietary technologies in key areas such as software and hardware simulation, interface IP, and system-level EDA [1]. - The company is currently the only domestic EDA enterprise capable of covering the entire digital chip verification process while offering advanced process high-speed interconnect IP [1]. - Hejian has successfully developed a complete digital chip verification solution, from early virtual architecture design modeling to hardware simulation acceleration and full-chip-level prototype verification [1]. Group 2: Technological and Financial Strength - The company has undertaken key national and local R&D projects, earning multiple honors such as the national-level "specialized, refined, and innovative" small giant enterprise and high-tech enterprise [2]. - As of the end of 2025, Hejian has completed seven rounds of financing, raising over 4 billion yuan, setting a record for financing scale in the domestic EDA industry, reflecting strong confidence from the capital market in its growth prospects [2]. - The company is recognized for its significant role in promoting domestic alternatives in the integrated circuit EDA sector, particularly in the context of the accelerating domestic chip self-sufficiency process [2]. Group 3: Market Context - EDA tools are considered the "industrial mother machine" of chip design and are highly regarded in the semiconductor industry, characterized by high technical barriers and market concentration, historically dominated by international giants [2]. - The digital chip verification field, where Hejian operates, is one of the most technically challenging and largest market segments within EDA, with the company's solutions filling several gaps in the domestic market [2].

Group 1 - The core viewpoint of the news is that Huatai United Securities has completed the guidance work for the initial public offering (IPO) of Shanghai Taosheng Electronic Technology Co., Ltd, indicating that the company is ready for listing with a solid governance and operational foundation [1] - Huatai United Securities and Taosheng Technology signed a guidance agreement on June 27, 2023, and completed the filing with the Shanghai Securities Regulatory Bureau on July 3, 2023, leading to a total of nine guidance sessions [1] - The guidance has helped Taosheng Technology establish a governance structure, accounting foundation, and internal control system that meet the requirements for listed companies, with key stakeholders fully understanding their responsibilities in the capital market [1] Group 2 - Taosheng Technology, founded in 2006, is one of the earliest providers of testing interface products and solutions in China's semiconductor industry, focusing on semiconductor testing solutions for nearly two decades [2] - The company has accumulated nearly 300 clients globally, establishing a strong market reputation and becoming a trusted supplier and partner in the industry [2] - In March 2025, Taosheng Technology announced the completion of a C-round financing of several hundred million RMB, led by state-owned enterprise mixed reform funds and local industry funds, reflecting strong confidence in the company's strategic value and development prospects [2] Group 3 - The funds raised in the latest financing round will be primarily used to expand the production capacity of existing mature products such as large-size semiconductor test sockets and MEMS probe cards to meet growing market demand [3] - Significant investments will also be directed towards the research and production of new products like 2.5D/3D DRAM MEMS probe cards and LTCC large ceramic substrates, representing the company's strategic layout in the next-generation testing interface field [3]

Core Viewpoint - The report indicates that ChipYaoHui Technology Co., Ltd. has successfully completed its IPO counseling work, establishing a solid foundation for its future operations in the capital market [1][3]. Group 1: Company Development - ChipYaoHui was founded in June 2020 and has rapidly become a significant player in China's semiconductor IP research and service sector [3]. - The company focuses on providing a comprehensive IP platform solution for chip design firms, particularly excelling in the critical area of interface IP [3]. - The company aims to support the construction and realization of China's large model computing chips through its self-controlled, full-stack domestic interface IP solutions [3][4]. Group 2: Market Recognition and Financing - The capital market has shown high recognition of ChipYaoHui's development prospects, as evidenced by its successful completion of a B-round financing in May, attracting major investment institutions [4]. - The funds raised will primarily be used to accelerate core technology innovation, deepen industry ecosystem construction, and promote the large-scale market application of domestic semiconductor IP [4]. - The company is positioned as a key player in the upstream of the semiconductor industry chain, with a mission to become a leading semiconductor IP company in China [4]. Group 3: Future Prospects - With the successful completion of the IPO counseling work, ChipYaoHui is entering a critical phase for its IPO application [4]. - A successful listing is expected to open broader financing and branding opportunities for the company, potentially accelerating the research and industrialization of high-end domestic IP technology [4].