证券代码：600539 证券简称：狮头股份 公告编号：临 2025-053 狮头科技发展股份有限公司 关于本次交易内幕信息知情人买卖股票情况的自查 报告的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 根据中国证券登记结算有限责任公司出具的查询结果，经公司自查、相关中 介机构核查，相关主体在核查期间买卖上市公司股票的行为不构成内幕交易行为， 不会对本次交易构成实质性法律障碍。 狮头科技发展股份有限公司（以下简称"公司"、"上市公司"）拟通过发 行股份及支付现金方式，购买王旭龙琦、邓浩瑜等 14 名交易对方合计持有的杭 州利珀科技股份有限公司（以下简称"利珀科技"）97.4399%股份，并向重庆益 元企业管理有限公司、重庆益诚企业管理有限公司发行股份募集配套资金（以下 简称"本次交易"、"本次重大资产重组"）。 根据《上市公司重大资产重组管理办法》《公开发行证券的公司信息披露内 容与格式准则第 26 号——上市公司重大资产重组》《上市公司监管指引第 7 号 ——上市公司重大资产重组相关股票异常交易监管》 ...

国浩律师（南京）事务所 关 于 狮头科技发展股份有限公司 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 之相关主体买卖股票情况 的 专项核查意见 南京市汉中门大街 309 号 B 座 5/7/8 层 邮编：210036 5,7,8th Floor, Block B, 309 Hanzhongmen Street, Nanjing 210036, China 电话/Tel: +86 25 8966 0900 传真/Fax: +86 25 8966 0966 网址/Website: http://www.grandall.com.cn 2025 年 8 月 | | | 国浩律师（南京）事务所 专项核查意见 国浩律师（南京）事务所 关于狮头科技发展股份有限公司 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 之相关主体买卖股票情况的专项核查意见 致：狮头科技发展股份有限公司 国浩律师（南京）事务所（以下简称"本所"）接受狮头科技发展股份有限 公司（以下简称"狮头股份"、"上市公司"或"公司"）的委托，担任狮头科 技发展股份有限公司发行股份及支付现金购买杭州利珀科技股份有限公司（以下 简称"标的公司"或" ...

东方证券股份有限公司 关于狮头科技发展股份有限公司本次交易内幕信息知情人 买卖股票情况自查报告的核查意见 狮头科技发展股份有限公司（以下简称"公司"、"上市公司"）拟通过 发行股份及支付现金方式，购买王旭龙琦、邓浩瑜等 14 名交易对方合计持有的 杭州利珀科技股份有限公司（以下简称"利珀科技"、"标的公司"） 97.4399%股份，并向重庆益元企业管理有限公司、重庆益诚企业管理有限公司 发行股份募集配套资金（以下简称"本次交易"、"本次重大资产重组"）。 东方证券股份有限公司（以下简称"东方证券"、"独立财务顾问"）接 受上市公司委托，担任本次交易的独立财务顾问，根据《中华人民共和国证券 法》《上市公司重大资产重组管理办法》《公开发行证券的公司信息披露内容 与格式准则第 26 号——上市公司重大资产重组》《上市公司监管指引第 7 号— —上市公司重大资产重组相关股票异常交易监管》《监管规则适用指引——上 市类第 1 号》等有关法律法规及规范性文件的规定，对本次交易相关内幕信息 知情人买卖上市公司股票情况进行了核查，具体如下： 一、本次交易的内幕信息知情人自查期间 本次交易的内幕信息知情人自查期间为上市公司首次 ...

Group 1 - The core viewpoint of the news is that Lionhead Co., Ltd. (狮头股份) has shown a slight decline in stock price and a mixed capital flow, while reporting positive growth in revenue and net profit for the first quarter of 2025 [1][3] - As of August 19, 2025, Lionhead's stock closed at 10.9 yuan, down 0.27%, with a turnover rate of 3.55% and a trading volume of 81,600 lots, amounting to 89.05 million yuan [1] - The company experienced a net outflow of main funds amounting to 21.53 million yuan, accounting for 24.17% of the transaction amount, with significant outflows from large orders [1] Group 2 - For the first quarter of 2025, Lionhead reported total operating revenue of 11.7 million yuan, representing a year-on-year growth of 8.49%, and a net profit attributable to shareholders of 583,000 yuan, up 115.05% year-on-year [1] - The company's liquidity ratios are strong, with a current ratio of 3.737, a quick ratio of 2.595, and a debt-to-asset ratio of 24.47% [1] - Lionhead Technology Development Co., Ltd. was established in 1999 and is primarily engaged in the non-metallic mineral products industry, with a registered capital of 230 million yuan [1][2]

证券之星消息，8月19日互联网电商板块较上一交易日上涨0.63%，新迅达领涨。当日上证指数报收于 3727.29，下跌0.02%。深证成指报收于11821.63，下跌0.12%。互联网电商板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300518 | 新迅达 | 13.85 | 3.98% | 12.90万 | | 1.78亿 | | 605136 | 丽人丽妆 | 10.28 | 2.39% | 31.04万 | | 3.16亿 | | 301110 | 青木科技 | 59.74 | 1.95% | 6.86万 | | 4.05亿 | | 002640 | 跨境通 | 5.34 | 1.91% | 192.79万 | | 10.21亿 | | 301381 | 赛维时代 | 21.63 | 0.93% | 5.74万 | | 1.23亿 | | 003010 | 者羽臣 | 54.03 | 0.92% | 6.73万 | | 3.61亿 | | 6036 ...

证券之星消息，8月18日互联网电商板块较上一交易日上涨1.6%，若羽臣领涨。当日上证指数报收于 3728.03，上涨0.85%。深证成指报收于11835.57，上涨1.73%。互联网电商板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 003010 | 若羽臣 | 53.54 | 3.92% | 8.46万 | | 4.48亿 | | 300464 | 星徽股份 | 5.91 | 3.87% | 24.07万 | | · 1.41亿 | | 605136 | 丽人丽妆 | 10.04 | 3.40% | 32.00万 | | 3.20亿 | | 002127 | 南极电商 | 3.67 | 3.09% | 67.95万 | | 2.48亿 | | 301110 | 青木科技 | 58.60 | 3.02% | 5.23万 | | 3.04亿 | | 300592 | 类别易但 | 11.66 | 2.73% | 11.04万 | | 1.28亿 | | 301 ...

狮头科技发展股份有限公司 2025 年第一次临时股东大会会议材料 狮头科技发展股份有限公司 2025 年第一次临时股东大会 会议材料 二〇二五年八月 第 1页共 63页 狮头科技发展股份有限公司 2025 年第一次临时股东大会会议材料 狮头科技发展股份有限公司 2025 年第一次临时股东大会会议议程 一、现场会议时间： 现场会议召开时间：2025 年 8 月 22 日 14 点 00 分 现场会议召开地点：山西省太原市万柏林区滨河西路 51 号摩天石 3 号楼 101 室公司会议 室 二、网络投票系统及起止时间： 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：2025 年 8 月 22 日至 2025 年 8 月 22 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股东大会召开 当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过互联网投票平台的投票时间 为股东大会召开当日的 9:15-15:00。 三、会议主持：董事长 四、会议方式：会议以现场投票与网络投票相结合的方式召开 五、会议议程 1、主持人宣布会议开始 （1）关于公 ...

Core Viewpoint - Lionhead Co., Ltd. (600539.SH) is undergoing a significant asset restructuring by acquiring 97.4399% of Hangzhou Lipo Technology Co., Ltd. for 662 million yuan, funded through share issuance and cash payments, alongside raising 240 million yuan from its controlling shareholders [1][2]. Group 1: Company Transformation and Financial Performance - Lionhead Co., Ltd. has aggressively transformed from a cement production company to an e-commerce entity, with e-commerce revenue accounting for 77.8% of its income in 2024 [1][2]. - The company's profitability has declined sharply, with net losses of 80.13 million yuan and 35.67 million yuan projected for 2023 and 2024, respectively [2][3]. - Lipo Technology, the acquisition target, reported revenues of 316 million yuan and 410 million yuan for 2023 and 2024, with net profits revised downwards by 15.9% and 19.3% from initial projections [4][5][6]. Group 2: Market and Competitive Landscape - The industrial machine vision market in China is projected to grow from 26.83 billion yuan in 2024 to 63.01 billion yuan by 2029, with a compound annual growth rate of 18.62% [2]. - Lipo Technology faces intense competition from established foreign players like Cognex and Keyence, which dominate 80% of the high-end market [2][3]. Group 3: Financial Risks and Profit Structure - A significant portion of Lipo Technology's profits comes from other income, which constituted 95% and 56.1% of total profits in 2023 and 2024, primarily from government subsidies and VAT refunds [6][8]. - The company's reliance on government subsidies raises concerns about future profitability, as changes in policy could lead to a sharp decline in earnings [8][9]. Group 4: Customer Dependency and Industry Risks - Lipo Technology's major clients are primarily in the photovoltaic sector, which is currently facing challenges, including production halts due to market conditions [9][12]. - The company's top five customers accounted for nearly 50% of its revenue in early 2025, indicating a high dependency on a few clients [11][12]. Group 5: Financial Indicators and Valuation Concerns - Lipo Technology's operating cash flows were negative at -26.53 million yuan and -69.96 million yuan for 2023 and 2024, respectively, with declining accounts receivable turnover ratios [14][16]. - The acquisition involves a high premium, with a valuation increase of 295.88%, raising concerns about potential goodwill impairment if performance does not meet expectations [17].

Core Viewpoint - Lionhead Co., Ltd. plans to acquire 97.44% of Lipotek Technology Co., Ltd. for 662 million yuan, aiming to enter the rapidly growing machine vision sector and enhance its performance through this strategic transformation [1][2]. Group 1: Acquisition Details - The total valuation of Lipotek Technology is 680 million yuan, with the acquisition price for 97.44% of shares set at 662 million yuan, comprising 465 million yuan in shares and 198 million yuan in cash [2]. - The acquisition is expected to significantly improve Lionhead's financial metrics, including total assets and net assets, while enhancing revenue and profitability [2]. Group 2: Lipotek Technology's Strengths - Lipotek Technology, founded by a team of PhD graduates from Zhejiang University, specializes in machine vision industrial inspection solutions and has developed core technologies in optical imaging systems and machine vision algorithms [3]. - The company has established a strong brand presence and customer loyalty across various industries, including new energy, display, semiconductor, consumer electronics, and logistics [3]. Group 3: Market Potential - The demand for machine vision is expected to grow significantly, with the market size projected to reach approximately 26.83 billion yuan in 2024 and 63.01 billion yuan by 2029, reflecting a compound annual growth rate of 18.62% [4]. Group 4: Performance Commitments - Lipotek Technology has committed to achieving a total net profit of no less than 1.41 billion yuan over the next three years, with annual averages of approximately 47 million yuan, indicating a price-to-earnings ratio of less than 15 times [5]. - The company anticipates a revenue exceeding 400 million yuan in 2024, representing a nearly 30% year-on-year growth [5]. Group 5: Management Confidence and Incentives - The founder and actual controller of Lipotek Technology has made a lifetime non-compete commitment and agreed to a high performance compensation ratio of 71.52%, reflecting confidence in the company's future [6]. - An excess incentive mechanism has been established to reward the core management team if the cumulative net profit exceeds the commitments, which is expected to drive sustained performance [6]. Group 6: Future Outlook - The integration of technology, channels, and capital between Lionhead and Lipotek is anticipated to enhance Lionhead's competitiveness in the new production capacity sector, potentially serving as a model for cross-industry mergers and acquisitions [7].

Core Viewpoint - The company, Lionhead Co., Ltd. (600539.SH), addresses investor concerns regarding negative news about its acquisition of Lipo Technology, asserting that the acquisition aligns with its strategic development needs and recognizes the potential of the machine vision industry [2]. Group 1: Acquisition and Financial Impact - The acquisition of Lipo Technology is based on the company's strategic development needs and a strong recognition of the machine vision industry's prospects [2]. - Following the completion of the transaction, the company's pro forma debt-to-asset ratio is projected to be 34.15%, indicating a low level of debt that is not expected to adversely affect daily operations [2]. - The total assets and net assets of the company are expected to increase, with anticipated improvements in operating revenue and net profit, thereby enhancing the company's overall competitiveness and sustainable development capabilities [2]. Group 2: Current Operations and Future Projections - The company's production and operational activities are reported to be normal [2]. - According to the company's disclosed forecast for the first half of 2025, it expects to achieve a net profit attributable to shareholders of between 500,000 to 700,000 yuan, marking a turnaround from losses in the previous year [2].