山东邦基科技股份有限公司 股票交易异常波动公告 证券代码：603151 证券简称：邦基科技 公告编号：2025-100 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、准确性和完整性承担法律责任。 重要内容提示： 请广大投资者理性投资，注意股票二级市场的交易风险。 一、股票交易异常波动的具体情况 山东邦基科技股份有限公司（以下简称"公司"）股票于 2025 年 11 月 10 日、11 月 11 日、11 月 12 日连续 3 个交易日内收盘价格跌幅偏离值累计超过 20%。根据《上海证券交易所交易规则》的有关规定，属于股票交易异常波动情 形。 2025 年 11 月 11 日，公司召开第二届董事会第十七次会议，审议通过了 《关于终止重大资产重组事项的议案》。具体内容详见公司于 2025 年 11 月 11 日在上海证券交易所网站（www.sse.com.cn）披露的《山东邦基科技股份有限公 司关于终止重大资产重组事项的公告》（公告编号：2025-098）。 公司股票于2025 年11 月 10 日、11 月 11 日、11 月 12 日连续3 个交易日内收 ...

Core Viewpoint - The stock of Bangji Technology (603151) has experienced a significant decline, with a cumulative drop of over 20% in closing prices over three consecutive trading days, indicating abnormal trading fluctuations [1] Company Summary - Bangji Technology announced that its production and operational activities are normal despite the stock price fluctuations [1] - The company reported that there have been no significant changes in the market environment or industry policies affecting its operations [1] - Internal production and operational order within the company remains stable [1]

Core Viewpoint - The company announced a significant stock price decline over three consecutive trading days, leading to an abnormal trading situation, but confirmed that its operations remain normal and unaffected by major market changes [1] Group 1: Stock Performance - The company's stock price experienced a cumulative decline of over 20% across three trading days from November 10 to November 12, 2025 [1] - This decline triggered a notification under the Shanghai Stock Exchange trading rules regarding abnormal stock price fluctuations [1] Group 2: Business Operations - The company conducted a self-examination and confirmed that its production and operational activities are normal [1] - There have been no significant changes in the market environment or industry policies that would impact the company's operations [1] Group 3: Major Asset Restructuring - On November 11, 2025, the company held its 17th meeting of the second board of directors, where it approved the termination of a major asset restructuring proposal [1] - The termination was due to the inability to reach an agreement with the counterparty after multiple negotiations, aimed at protecting the interests of the company and its shareholders [1] Group 4: Disclosure and Information - The company confirmed that there are no undisclosed significant matters related to the company, its controlling shareholders, or actual controllers, aside from the disclosed issues [1] - No media reports or market rumors have been identified that could significantly impact the company's stock price [1]

Core Viewpoint - The company announced a significant stock price fluctuation, with a cumulative decline exceeding 20% over three consecutive trading days from November 10 to 12, 2025, indicating abnormal volatility [1] Group 1: Stock Performance - The company's stock experienced a cumulative closing price drop of over 20% within three trading days, signaling potential investor concern [1] Group 2: Corporate Actions - On November 11, the company held a board meeting and decided to terminate a major asset restructuring plan, which involved the acquisition of shares from Shandong Beixi Agricultural and Animal Husbandry [1] - The termination of the acquisition was due to a lack of agreement with the transaction party [1] Group 3: Operational Status - The company stated that its production and operations remain normal and there are no undisclosed significant information that needs to be revealed [1] - The company issued a reminder to investors to be aware of potential risks [1]

Core Insights - Qingdao Bangji Agricultural and Animal Husbandry Technology Co., Ltd. has been established with a registered capital of 10 million yuan [1] - The company's business scope includes investment activities with its own funds, sales of feed raw materials, environmental consulting services, and sales of daily necessities [1] - Bangji Technology (603151) holds 100% ownership of the newly established company [1]

Core Viewpoint - The Shanghai Composite Index decreased by 0.21% today, with significant declines in the electric equipment sector, which saw the largest drop of 2.31% [2] Industry Performance Summary - The oil and petrochemical sector led the gains with an increase of 1.27%, followed by the banking sector at 1.10% and the comprehensive sector at 1.01% [2] - The electric equipment sector experienced the largest decline at 2.31%, followed by the defense and military industry at 1.70% and the computer sector at 1.28% [2] - A total of 1513 stocks rose, with 65 hitting the daily limit up, while 3819 stocks fell, including 10 hitting the daily limit down [2] Trading Volume and Value - The total trading volume reached 1,081 million shares, with a total transaction value of 15,923.01 billion yuan, reflecting a decrease of 1.61% compared to the previous trading day [2]

Core Viewpoint - The company, Bangji Technology, has announced the termination of a significant asset restructuring plan involving the acquisition of multiple agricultural companies from Riverstone Farm Pte. Ltd. [1][2] Group 1: Termination of Asset Restructuring - The board of directors approved the termination of the asset restructuring plan on November 11, 2025, which involved acquiring 100% stakes in several companies and 80% of another [1] - The transaction was expected to constitute a related party transaction and a significant asset restructuring under the Shanghai Stock Exchange regulations [2] Group 2: Stock Performance - The company's stock was suspended from trading starting June 5, 2025, during the restructuring process [2] - Prior to the announcement of the termination, the stock experienced a significant drop, with declines of 8.91% on November 10 and 7.54% on November 11 [3] Group 3: Financial Performance - For the first three quarters of 2025, the company reported a revenue of 4.149 billion yuan, a year-on-year increase of 155.40%, and a net profit of 106 million yuan, up 148.64% [3] - In 2024, the company achieved a revenue of 2.542 billion yuan, a 54.36% increase, but the net profit decreased by 40.24% to 50.13 million yuan [4] - The net cash flow from operating activities for the first three quarters of 2025 was -672 million yuan, compared to -185 million yuan in the same period the previous year [3]

Market Overview - The Shanghai Composite Index increased by 0.27% as of 10:28 AM, with a trading volume of 61.67 billion shares and a transaction value of 893.47 billion yuan, a decrease of 6.50% compared to the previous trading day [1] Industry Performance - The top-performing industries included: - Oil and Petrochemicals: Increased by 1.77% with a transaction value of 8.62 billion yuan, led by Sinopec Oilfield Service, which rose by 10.21% [1] - Banking: Increased by 1.52% with a transaction value of 15.41 billion yuan, led by Agricultural Bank of China, which rose by 2.89% [1] - Home Appliances: Increased by 1.01% with a transaction value of 14.36 billion yuan, led by Beiyikang, which rose by 10.78% [1] - The worst-performing industries included: - Communication: Decreased by 1.33% with a transaction value of 34.89 billion yuan, led by Yongding Co., which fell by 5.45% [2] - Electric Power Equipment: Decreased by 1.25% with a transaction value of 148.46 billion yuan, led by Canadian Solar, which fell by 13.92% [2] - National Defense and Military Industry: Decreased by 0.92% with a transaction value of 16.72 billion yuan, led by Triangle Defense, which fell by 7.34% [2] Stock Performance - A total of 1,864 stocks rose, with 49 hitting the daily limit, while 3,394 stocks fell, with 2 hitting the lower limit [1]

Core Viewpoint - Shandong feed giant Bangji Technology announced the termination of a major asset restructuring plan to acquire equity stakes in seven companies held by Riverstone Farm Pte. Ltd. just one day after stating that the transaction was actively progressing [1][2][4]. Group 1: Acquisition Details - The acquisition plan aimed to purchase 100% equity stakes in six agricultural companies and 80% equity in a consulting firm, with a total estimated valuation exceeding 600 million yuan [2][4][11]. - The termination was attributed to the inability to reach a final agreement after multiple negotiations with the counterpart [2][6]. Group 2: Business Context - Bangji Technology's move to extend into the downstream breeding industry was seen as a critical step to create a "feed + breeding" vertical integration chain amid fierce competition and declining performance in the feed sector [2][8]. - The company has faced significant pressure in its main business, with net profits decreasing from 110 million yuan in 2022 to an estimated 51 million yuan in 2024 [8][10]. Group 3: Market Implications - The failed acquisition reflects broader challenges in the feed industry, where companies are increasingly looking to integrate vertically to enhance profitability and operational efficiency [10][11]. - The stock price of Bangji Technology experienced volatility, with significant increases prior to the announcement of the restructuring and subsequent declines following the termination [12].

Summary of Key Points Core Viewpoint - Multiple shareholders across various companies are planning to reduce their stakes, indicating potential shifts in investor sentiment and market dynamics [1]. Shareholder Reductions - Strong瑞 Technology's shareholders, 强瑞科技 and 强瑞投资, collectively reduced their holdings by 1.1779 million shares [1]. -粤万年青's shareholder, 合和投资, intends to reduce its stake by no more than 3% [1]. - 宁波方正's partial controlling shareholders and their concerted actors plan to reduce their holdings by no more than 3% [1]. - One of the actual controllers of 粤万年青's concerted actors plans to reduce its stake by no more than 0.66% [1]. - Shareholders of 索宝蛋白, 济南复星 and 宁波复星, plan to reduce their holdings by a total of no more than 3% [1]. - 永辉超市's shareholder, 喜世润合润6号 private equity fund, plans to reduce its stake by no more than 1% [1]. - 和泰机电's shareholder, 海泰精华, intends to reduce its stake by no more than 2.98% [1]. - 中谷物流's shareholder, 谷洋投资, plans to reduce its stake by no more than 3% [1]. - 洪通燃气's shareholder, 田辉, intends to reduce its stake by no more than 3% [1]. - 未望电气's deputy general manager, 王琰, reduced 786,500 shares of the company [1]. - 概谷科技's shareholder, 徐龙祥, reduced 681,700 shares of the company [1]. - 泰瑞机器's shareholder, 郑建国, reduced 3.8336 million shares of the company [1]. - 润都股份's shareholder, 李希, completed a reduction of 6.8244 million shares [1]. Other Notable Developments - 邦基科技 has terminated its major asset restructuring plan [1]. - 沃尔德 announced that its diamond micro-drills are in the research and testing phase for PCB board hole processing [1].