Core Viewpoint - HeShun Petroleum (603353) announced a restructuring plan involving the acquisition of at least 34% equity in Shanghai Kuixin Integrated Circuit Design Co., Ltd. (Kuixin Technology) for cash, aiming to control 51% of the voting rights of the target company [1][2] Group 1: Acquisition Details - The total valuation of 100% equity in Kuixin Technology is not to exceed 1.588 billion yuan, with the expected final transaction amount not exceeding 540 million yuan [1] - The transaction does not constitute a major asset restructuring as defined by the regulations and will not involve the issuance of new shares or change the controlling shareholder [1] Group 2: Company Profile - Kuixin Technology specializes in the research and development of integrated circuit IP and Chiplet products, focusing on solving computing power expansion and high-speed interconnection issues [1] - The main products and services offered by Kuixin Technology include various high-speed interface IPs and Chiplet solutions based on interconnection IP, as well as chip design services [1] Group 3: Market Reaction - On November 14, HeShun Petroleum's stock hit the daily limit, closing at 28.03 yuan per share, with a total market capitalization of 4.819 billion yuan [2]

编辑 杨娟娟 新京报贝壳财经讯 11月16日，和顺石油发布公告称，公司实际控制人晏喜明、赵尊铭及其一致行动人 赵雄拟将合计持有的公司无限售条件流通股份1031.44万股，占公司总股本的6.0000%，通过协议转让的 方式转让给陈琬宜。本次权益变动后，公司控股股东和顺投资、实际控制人晏喜明、赵尊铭及其一致行 动人赵雄合计持有公司1.04亿股股份，占公司股份总数的60.5817%。 ...

Group 1 - Rongbai Technology signed a cooperation agreement with CATL, making Rongbai the primary supplier of sodium battery cathode powder, with a commitment to purchase at least 60% of its total procurement volume annually, potentially reaching 500,000 tons [3] - Meihe Co.'s controlling shareholder and chairman Wang Jinping is under investigation and has been placed under detention, with the general manager Zhang Kaixu taking over the chairman's responsibilities [4] - Fudan Microelectronics announced that Guosheng Investment plans to acquire 12.99% of its shares from Fuxin Fangao, making Guosheng the largest shareholder post-transfer [5] Group 2 - Guolian Minsheng received approval for stock option market-making business from the China Securities Regulatory Commission [6] - Luoping Zinc Electric's subsidiary has received approval to resume production at the Jinpo lead-zinc mine, having met safety and operational requirements [7] - Heshun Petroleum's actual controller and associates plan to transfer 6% of the company's shares through an agreement, maintaining control post-transfer [8] Group 3 - Furi Co. stated that there are currently no expansion plans for its new energy sector, amid stock price volatility and potential irrational speculation [9] - Joyoung Co. clarified that it operates in the small home appliance sector and does not engage in food and beverage production, despite recent market speculation [10][11] - Huaxia Happiness reported abnormal stock trading but confirmed no undisclosed significant matters aside from its pre-restructuring announcement [12] Group 4 - Zhongsheng Pharmaceutical is advancing several clinical trials for its innovative drugs, but the outcomes remain uncertain, including the approval and market competition for its products [13] - Pingtan Development noted that its stock price has risen sharply without significant changes in fundamentals, indicating potential market overreaction [14] Group 5 - Chahua Co. announced that its major shareholder plans to reduce its stake by up to 3% within three months [16] - Qianli Technology's major shareholder intends to reduce its stake by up to 2% through a targeted sale [17] - Gaoling Information's shareholders plan to collectively reduce their holdings by up to 1.5% due to funding needs [18] Group 6 - Guochuang High-tech's major shareholder plans to reduce its stake by up to 1% within three months [19][20] - China Aluminum's director plans to sell a minimal stake of 0.00034% due to personal funding needs [21] - Shikong Technology plans to reduce its repurchased shares by up to 0.29% [22] Group 7 - Xinong Co.'s director plans to reduce his stake by up to 0.1925% due to personal funding needs [23] - Yifeng Pharmacy's vice presidents plan to collectively reduce their holdings by up to 213,900 shares due to personal funding needs [24] Group 8 - Samsung Medical's subsidiary is expected to win a procurement project from the State Grid, with an estimated total bid amount of approximately 168.12 million yuan [26]

2025年1至6月份，和顺石油的营业收入构成为：批发占比55.67%，零售占比43.01%，其他业务占比 1.32%。 （记者 曾健辉） 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 每日经济新闻 截至发稿，和顺石油市值为48亿元。 每经头条（nbdtoutiao）——软银突然暴跌！曾与黄仁勋"相拥而泣"，68岁日本首富孙正义再次清仓英 伟达，套现押注OpenAI，提前入账80亿美元利润藏"猫腻" 每经AI快讯，和顺石油（SH 603353，收盘价：28.03元）11月16日晚间发布公告称，公司于近日收到公 司实际控制人晏喜明、赵尊铭及一致行动人赵雄的通知：2025年11月14日，晏喜明、赵尊铭和赵雄与陈 琬宜签订《关于湖南和顺石油股份有限公司之股份转让协议》，约定将晏喜明、赵尊铭和赵雄合计持有 的公司股份约1031万股无限售流通股（占公司总股本的6%）转让给陈琬宜。 ...

每经AI快讯，和顺石油（SH 603353，收盘价：28.03元）11月16日晚间发布公告称，湖南和顺石油股份 有限公司拟以现金方式，通过收购股权及增资购买上海奎芯集成电路设计有限公司不低于34%的股权， 同时通过表决权委托，合计控制标的公司51%表决权，即取得标的公司的控制权。本次交易完成后，公 司委派董事占据标的公司董事会席位三分之二，标的公司财务总监将由公司推荐的人员担任，公司将对 标的公司的经营、人事、财务等事项拥有决策权，标的公司将纳入公司合并报表范围，成为公司控股子 公司。本次交易的评估/审计工作尚未完成，交易价格尚未确定。双方确认，标的公司100%的股权价值 不高于15.88亿元，预计最终交易金额不高于5.4亿元，在此基础上最终的交易价格以公司聘请的符合 《中华人民共和国证券法》规定的资产评估机构出具的评估结果作为依据确定，双方将签署正式股权收 购协议予以约定。 （记者 曾健辉） 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 每日经济新闻 2025年1至6月份，和顺石油的营业收入构成为：批发占比55.67%，零售占比43.01%，其他业务占比 1.32%。 ...

Core Viewpoint - The company plans to acquire at least 34% equity in Shanghai Kuixin Integrated Circuit Design Co., Ltd. (Kuixin Technology) through cash payment, aiming to control 51% of the voting rights of the target company, thereby obtaining control [1] Group 1: Acquisition Details - The transaction price is yet to be determined, with the total equity value of the target company not exceeding 1.588 billion yuan (post-investment valuation), and the final transaction amount expected to be no more than 540 million yuan [1] - Kuixin Technology specializes in high-speed interface IP and Chiplet solutions, being one of the few companies in China with a complete product matrix for high-speed interface IP [1] Group 2: Product and Market Position - The latest product, UCIe Chiplet interconnect IP, has been utilized in domestic high-performance computing chips, supporting large-scale computing cluster expansion [1] - The target company has established a strategic cooperation network covering international foundries such as TSMC and Samsung, successfully developing interface IP across process nodes from 5nm to 55nm, widely applied in data centers, artificial intelligence, automotive electronics, and consumer electronics [1] Group 3: Technological Capabilities - Kuixin Technology is one of the few domestic companies capable of providing complete Chiplet solutions, having launched an interconnect solution based on IO Die that achieves high-speed interconnection between different chiplets via the UCIe protocol, enhancing computing performance and reducing latency [1] - The company has a broad ecosystem of partners, including collaborations with foundries, Die design delivery, and Interposer design [1]

Group 1 - The company plans to acquire at least 34% equity in Shanghai Kuixin Integrated Circuit Design Co., Ltd. through cash payment, aiming to control 51% of the voting rights of the target company [1] - The total valuation of the target company is not expected to exceed 1.588 billion yuan, with the final transaction amount anticipated to be no more than 540 million yuan [1] - The target company specializes in high-speed interface IP and Chiplet solutions, being one of the few in China with a complete product matrix in this field [1] Group 2 - The target company's latest product, UCIe Chiplet interconnect IP, has been utilized in domestic high-performance chips, supporting large-scale computing clusters [1] - The company has established a strategic cooperation network with international foundries such as TSMC and Samsung, developing interface IP across a range of process nodes from 5nm to 55nm [1] - The target company is one of the few in China capable of providing a complete Chiplet solution, enhancing computing performance and reducing latency through high-speed interconnects based on the UCIe protocol [1] Group 3 - The company's main business differs from that of the target company, indicating a lack of relevant industry management experience prior to the transaction [2] - The company will face challenges in cross-industry operational management and integration capabilities following the acquisition [2]

Group 1 - The company plans to acquire at least 34% equity in Shanghai Kuixin Integrated Circuit Design Co., Ltd. and control 51% of the voting rights through this transaction [1][2] - Kuixin Technology, established in 2021, focuses on high-speed interface IP and Chiplet solutions, filling a domestic gap and gradually breaking foreign monopolies [1] - The company has developed a complete product matrix for high-speed interface IP, with a leading edge in process technology compared to some peers [1] Group 2 - The strategic cooperation network includes major foundries like TSMC and Samsung, and the company has successfully developed interface IP covering process nodes from 5nm to 55nm [1] - The estimated value of 100% equity in Kuixin Technology is not more than 1.588 billion yuan, with the final transaction amount expected to be no more than 540 million yuan [2] - After the transaction, the company will have decision-making power over the operations, personnel, and financial matters of Kuixin Technology, which will be consolidated into the company's financial statements [2]

Core Viewpoint - The company, HeShun Petroleum, plans to acquire at least 34% equity in Shanghai KuiXin Integrated Circuit Design Co., Ltd. (referred to as "KuiXin Technology") through cash payment, aiming to control 51% of the voting rights, thereby obtaining control over KuiXin Technology. The total valuation of KuiXin Technology is capped at 1.588 billion yuan, with the expected transaction amount not exceeding 540 million yuan [1]. Group 1 - HeShun Petroleum intends to acquire a significant stake in KuiXin Technology, focusing on integrated circuit IP and Chiplet product development [1]. - The acquisition will allow HeShun Petroleum to address challenges related to computing power expansion and high-speed interconnects [1]. - KuiXin Technology has served over 60 clients across various industries, including AI and data centers, with notable clients being major players in the storage industry and AI unicorns [1].

Group 1 - The company plans to acquire at least 34% equity in Shanghai Kuixin Integrated Circuit Design Co., Ltd. and control 51% of the voting rights through this transaction [1][2] - Kuixin Technology, established in 2021, focuses on high-speed interface IP and Chiplet solutions, filling a domestic gap and gradually breaking foreign monopolies [1] - The company has developed a complete product matrix for high-speed interface IP, with a leading edge in process technology compared to some peers [1] Group 2 - The strategic cooperation network includes major foundries like TSMC and Samsung, and the company has successfully developed interface IP covering process nodes from 5nm to 55nm [1] - The estimated value of 100% equity in Kuixin Technology is not more than 1.588 billion yuan, with the final transaction amount expected to be no more than 540 million yuan [2] - After the transaction, the company will have decision-making power over the operations, personnel, and financial matters of Kuixin Technology, which will be included in the company's consolidated financial statements [2]