Core Viewpoint - The company, Bangji Technology, is planning a significant asset restructuring by acquiring 100% equity of six livestock companies and 80% equity of a technology consulting company from Riverstone Farm Pte. Ltd. This move aims to expand from a single pig feed business into the downstream pig farming sector, creating an integrated feed and farming industry chain [1]. Group 1: Company Strategy - The acquisition is seen as a strategic move to address the pressure on Bangji Technology's performance, as the company has faced declining net profits for three consecutive years despite revenue growth in 2024 [1][2]. - By extending into the pig farming business, the company aims to enhance its risk resistance and break through growth bottlenecks, transitioning from merely selling feed to also engaging in pig farming [1][2]. Group 2: Market Context - The feed industry is characterized by limited profit margins and intense price competition, making downstream expansion a viable strategy to optimize product structure and reduce reliance on external markets [2]. - The recovery of the pig farming industry and increasing demand for high-quality pork products present new profit growth opportunities for the company [2]. Group 3: Challenges and Risks - Despite the strategic rationale, the complexity and risks associated with cross-industry integration are significant. The company’s experience in the feed industry does not guarantee effective management of the farming operations [2][3]. - The majority of the acquired companies are located in Shandong, where local policies, environmental standards, land resources, and workforce structure may impact the integration process [2][3]. - The market's reaction to cross-industry mergers can be volatile, and if the company fails to demonstrate improved performance in the short term, maintaining market confidence may become challenging [3].

Market Overview - On June 16, the A-share market experienced a rebound, with the ChiNext Index leading the gains. The Shanghai Composite Index rose by 0.35%, the Shenzhen Component Index increased by 0.41%, and the ChiNext Index gained 0.66% [1][2] - The total trading volume in the Shanghai and Shenzhen markets was 1.22 trillion yuan, a decrease of 252.2 billion yuan compared to the previous trading day [1] Sector Performance - The IP economy concept showed strong performance, with multiple stocks like Light Media hitting the daily limit [1] - Stablecoin concepts also gained traction, with stocks such as GCL-Poly Energy and Hengsheng Electronics reaching the daily limit [1] - The chemical sector was active, with stocks like Jinniu Chemical hitting the daily limit [1] - Oil and gas stocks continued their strong performance, with Zhun Oil shares reaching the daily limit [1] - In contrast, the football concept experienced fluctuations, with stocks like Co-Creation Lawn nearing a trading halt [1] - The digital currency, film, CPO, and oil sectors saw significant gains, while precious metals, automotive, airports, and shipping sectors faced declines [1] International Market - The U.S. stock market saw all three major indices rise on June 16, with the Dow Jones Industrial Average up by 317.30 points (0.75%), the S&P 500 up by 56.14 points (0.94%), and the Nasdaq Composite up by 294.39 points (1.52%) [3][4] - European markets also experienced gains, with the FTSE 100 up by 24.59 points (0.28%), the CAC 40 up by 57.56 points (0.75%), and the DAX up by 182.89 points (0.78%) [3][4] - International oil prices fell, with WTI crude oil down by $1.21 to $71.77 per barrel (1.66% decline) and Brent crude down by $1.00 to $73.23 per barrel (1.35% decline) [3][4] Key Announcements - The Ministry of Finance announced that from July 1, Dalian and Hubei provinces will implement a tax refund policy for overseas travelers shopping [5] - The Ministry of Agriculture and Rural Affairs introduced measures to enhance crop variety management and accelerate the breeding of breakthrough new varieties [6] - Guangdong Province aims to significantly enhance its nuclear medical industry by 2030, focusing on innovation and key technology breakthroughs [7] - The People's Bank of China will issue 30 billion yuan in central bank bills in Hong Kong on June 18 [8][9] - The National Medical Products Administration is optimizing the review process for innovative drug clinical trials, aiming for a 30-day review period [10] Industry Insights - The film industry is expected to see significant growth, with the release of "Nezha 2" potentially contributing over 200 billion yuan to GDP and generating substantial merchandise sales [11] - Analysts suggest that the A-share market is likely to maintain a volatile trend in the short term, with structural opportunities to be identified [12] - In the long term, external uncertainties may pose challenges, but domestic economic resilience is expected to strengthen due to ongoing policy support [12] - Investment strategies should focus on high-margin assets, technology sectors, and consumer sectors benefiting from policy boosts [13]

Core Viewpoint - The company plans to acquire 100% equity of several agricultural companies and 80% equity of another company through a combination of issuing shares and cash payment, indicating a strategic move to expand its business operations in the agricultural sector [1][4]. Group 1: Acquisition Details - The acquisition involves companies such as Beixi Agriculture, Ruidong Weili, Xinmu Agriculture, and others, primarily engaged in pig farming and sales [4]. - The transaction price for the acquisition is yet to be determined, pending the completion of auditing and evaluation work [4]. Group 2: Business Expansion - Following the acquisition, the company aims to transition from solely producing pig feed to a vertically integrated model that includes feed production, pig farming, and sales [5]. - The company specializes in various animal feed products and has a strong market presence in regions like Shandong and Northeast China, with plans to expand nationwide [4]. Group 3: Financial Performance - In 2024, the company reported a revenue of 2.542 billion yuan, a year-on-year increase of 54.36%, while the net profit attributable to shareholders decreased by 40.24% to 50.13 million yuan [5]. - For the first quarter of the current year, the company achieved a revenue of 1.076 billion yuan, reflecting a significant year-on-year growth of 160.84%, and a net profit of 28 million yuan, up 37.71% [5]. Group 4: Industry Context - Recent supportive policies have been introduced to encourage companies to utilize capital markets for mergers and acquisitions, promoting industry consolidation and upgrading [7]. - The China Securities Regulatory Commission has emphasized the importance of mergers and acquisitions in resource allocation and enhancing investment value [7].

Mergers and Acquisitions - Three Squirrels announced the termination of its acquisition of Hunan Ailing Snack Technology Co., Ltd. due to failure to reach agreement on core terms of the transaction, which was initially planned for up to 200 million yuan [1] - Bangji Technology plans to acquire all shares of several agricultural companies held by Riverstone Farm Pte. Ltd. and 80% of the shares of Paistong Livestock Technology Consulting (Shanghai) Co., Ltd. through a combination of issuing shares and cash, with the transaction price yet to be determined [2] - Taihe Intelligent intends to acquire 100% equity of Anhui Sunshine Youchu New Energy Co., Ltd. from Sunshine New Energy for no more than 50 million yuan, which constitutes a related party transaction but is not classified as a major asset restructuring [3] Shareholding Changes - Baodi Mining announced that three shareholders plan to collectively reduce their holdings by no more than 4.05% of the company's shares, with specific reductions of up to 24 million shares (3%), 8 million shares (1%), and 400,000 shares (0.05%) respectively [4] - Haoyue Nursing reported that its shareholder, Hangzhou Hope Venture Capital, plans to reduce its holdings by no more than 0.5% of the company's shares due to personal financial needs, amounting to up to 1.07 million shares [5] - Dongfang Shenghong disclosed that a concerted party of its controlling shareholder plans to increase its stake in the company by no less than 500 million yuan and no more than 1 billion yuan within six months through the Shenzhen Stock Exchange [6] Risk Matters - Yunmei Energy confirmed that there are no undisclosed significant matters following a stock price fluctuation exceeding 20% over three consecutive trading days, and both the company and its controlling shareholder have no undisclosed significant matters [7] - Shandong Molong stated that there are no undisclosed significant matters after its stock price fluctuated over 20% in two consecutive trading days, with no major changes in its production and operational environment [8] - Tongyuan Petroleum reported that the recent Israel-Palestine conflict has no impact on its business, despite a stock price fluctuation exceeding 30% over two consecutive trading days, and confirmed no undisclosed significant matters [9]

Group 1 - The core point of the news is that Shandong Bangji Technology Co., Ltd. is planning a major asset restructuring by acquiring 100% equity of six companies and 80% equity of one company, which will lead to a significant shift in its business model from solely producing pig feed to integrating pig farming and sales [1][2] - The acquisition aims to leverage the modern pig farming experience from Riverstone's shareholders in the U.S. and adapt it to the Chinese context, promoting a sustainable and efficient farming model [2] - The transaction is expected to enhance the company's operational synergy, reduce risks associated with underutilization of new projects, and create additional revenue streams and profit growth opportunities [2][3] Group 2 - Post-acquisition, the company plans to integrate resources, combining management experience in pig farming with feed product innovation, which is anticipated to improve feed product development and pig farming efficiency [3] - The acquisition will also help the company enhance its brand recognition and market influence in the pig farming sector, aiming to capture a larger share of the domestic market and strengthen its pig feed business [3]

一、停复牌 1、渤海汽车：拟购买海纳川持有的北汽模塑51%股权、廊坊安道拓51%股权、智联科技100%股权和莱 尼线束50%股权，股票明日复牌。 2、邦基科技：拟通过向Riverstone Farm Pte. Ltd.发行股份及支付现金的方式购买其持有的北溪农牧、瑞 东伟力、鑫牧农牧、瑞东农牧（利津）、瑞东农牧（山东）、威力牧业（滨州）100%股权及派斯东 80%股权，股票复牌。 二、并购重组 1、泰禾智能：拟不超过5000万收购阳光优储100%股权，拓展工商业用户侧储能业务。 1、江波龙：子公司与闪迪签署合作备忘录，Sandisk（闪迪）系全球知名的存储解决方案提供，拥有领 先的存储技术和丰富的系统设计经验。 2、美的集团：拟以50亿元至100亿元回购股份。 3、东方盛虹：控股股东一致行动人拟5亿元-10亿元增持公司股份。 2、大族数控：发行境外上市股份备案申请材料获中国证监会接收。 3、三达膜：拟发行H股并在香港联交所上市。 4、兴齐眼药：盐酸利多卡因眼用凝胶Ⅲ期临床试验首例受试者入组。 5、善水科技：拟投资60亿元建设化工新材料项目。 6、飞龙股份：获得两家客户大功率数据中心专用电子水泵订单。 7、亚太 ...

山东邦基科技股份有限公司董事会 关于本次交易不存在《上市公司证券发行注册管理 办法》第十一条规定的不得向特定对象发行股票 情形的说明 山东邦基科技股份有限公司（以下简称"公司"）拟通过发行股份及支付现 金的方式购买 Riverstone Farm Pte. Ltd.所持有的山东北溪农牧有限公司、山 东瑞东伟力农牧有限公司、山东鑫牧农牧科技有限公司、瑞东农牧（利津）有限 公司、瑞东农牧（山东）有限责任公司、瑞东威力牧业（滨州）有限公司全部 100%的股权以及派斯东畜牧技术咨询（上海）有限公司 80%的股权（以下简称"本 次交易"）。 经公司董事会审慎判断，截至本说明出具日，公司不存在《上市公司证券发 行注册管理办法》第十一条规定的不得向特定对象发行股票的如下情形： （一）擅自改变前次募集资金用途未作纠正，或者未经股东会认可； （二）最近一年财务报表的编制和披露在重大方面不符合企业会计准则或者 相关信息披露规则的规定；最近一年财务会计报告被出具否定意见或者无法表示 意见的审计报告；最近一年财务会计报告被出具保留意见的审计报告，且保留意 见所涉及事项对上市公司的重大不利影响尚未消除。本次发行涉及重大资产重组 的除外 ...

截至本说明出具之日，本次交易的审计及评估工作尚未完成，本次交易标的 资产的交易价格尚未确定。根据标的公司最近一年未经审计的资产总额、资产净 额及营业收入，并结合上市公司最近一个会计年度经审计的财务数据进行初步判 断，本次交易预计将达到《上市公司重大资产重组管理办法》规定的重大资产重 组标准，预计构成重大资产重组。对于本次交易是否构成重大资产重组的具体认 定，公司将在重组报告书中予以详细分析和披露。 本次交易涉及发行股份购买资产，根据《上市公司重大资产重组管理办法》 规定，本次交易需提交上海证券交易所审核通过，并经中国证监会作出予以注册 决定后方可实施。 山东邦基科技股份有限公司董事会 关于本次交易是否构成重大资产重组、关联交 易及重组上市的说明 山东邦基科技股份有限公司（以下简称"公司"）拟通过发行股份及支付现 金的方式购买 Riverstone Farm Pte. Ltd.所持有的山东北溪农牧有限公司、山 东瑞东伟力农牧有限公司、山东鑫牧农牧科技有限公司、瑞东农牧（利津）有限 公司、瑞东农牧（山东）有限责任公司、瑞东威力牧业（滨州）有限公司全部 100%的股权以及派斯东畜牧技术咨询（上海）有限公司 80%的 ...

山东邦基科技股份有限公司董事会 关于本次交易履行法定程序完备性、合规性及提交 的法律文件的有效性的说明 山东邦基科技股份有限公司（以下简称"公司"）拟通过发行股份及支付现 金的方式购买 Riverstone Farm Pte. Ltd.所持有的山东北溪农牧有限公司、山 东瑞东伟力农牧有限公司、山东鑫牧农牧科技有限公司、瑞东农牧（利津）有限 公司、瑞东农牧（山东）有限责任公司、瑞东威力牧业（滨州）有限公司全部 100%的股权以及派斯东畜牧技术咨询（上海）有限公司 80%的股权（以下简称"本 次交易"）。 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司重大 资产重组管理办法》《上海证券交易所股票上市规则》《上市公司信息披露管理 办法》等相关法律、法规及规范性文件的规定和《山东邦基科技股份有限公司章 程》的要求，公司董事会对于本次交易履行法定程序的完备性、合规性及提交的 法律文件的有效性进行了认真审核，特此说明如下： 一、关于本次交易履行法定程序完备性、合规性的说明 1、公司与交易对方就本次交易事宜进行筹划以及达成初步意向期间内，均 采取了必要且充分的保密措施，并严格限定本次交易相关敏感信息的知悉范 ...

特此说明。 山东邦基科技股份有限公司董事会 山东邦基科技股份有限公司董事会 关于本次交易前十二个月购买、出售资产的说明 2025 年 6 月 16 日 山东邦基科技股份有限公司（以下简称"公司"）拟通过发行股份及支付现 金的方式购买 Riverstone Farm Pte. Ltd.所持有的山东北溪农牧有限公司、山 东瑞东伟力农牧有限公司、山东鑫牧农牧科技有限公司、瑞东农牧（利津）有限 公司、瑞东农牧（山东）有限责任公司、瑞东威力牧业（滨州）有限公司全部 100%的股权以及派斯东畜牧技术咨询（上海）有限公司 80%的股权（以下简称"本 次交易"）。 1 根据《上市公司重大资产重组管理办法》的相关规定："上市公司在十二个 月内连续对同一或者相关资产进行购买、出售的，以其累计数分别计算相应数额。 已按照本办法的规定编制并披露重大资产重组报告书的资产交易行为，无须纳入 累计计算的范围。中国证监会对本办法第十三条第一款规定的重大资产重组的累 计期限和范围另有规定的，从其规定。交易标的资产属于同一交易方所有或者控 制，或者属于相同或者相近的业务范围，或者中国证监会认定的其他情形下，可 以认定为同一或者相关资产。" 本页 ...