Group 1: Company Overview - HeShun Petroleum (603353.SH) is primarily engaged in the retail and wholesale of refined oil, operating 35 self-owned gas stations as of June 30, 2025 [5][6] - The company has recently announced plans to acquire a controlling stake in semiconductor IP firm Shanghai Kuixin Integrated Circuit Design Co., Ltd. for no more than 540 million yuan [1][2] - As of the end of Q3 this year, HeShun Petroleum reported cash reserves of 312 million yuan [2] Group 2: Financial Performance - In the first three quarters of this year, HeShun Petroleum achieved a revenue of 2.126 billion yuan, a slight decrease of 0.13% year-on-year, with a net profit of 21.81 million yuan, down 49.44% year-on-year [5][6] - The company's net profit has been on a downward trend since its peak of 175 million yuan in 2020, with significant declines in subsequent years [6] - The sales net profit margin fell to 1.02%, the lowest since the company went public [6] Group 3: Acquisition Details - The acquisition involves HeShun Petroleum obtaining at least 34% equity in Kuixin Technology and controlling 51% of its voting rights through a voting rights delegation [2] - Kuixin Technology, established in August 2021, has reported cumulative net losses of approximately 84 million yuan over the past two and a half years [4] - The acquisition agreement includes performance commitments from Kuixin Technology, requiring significant revenue growth and profitability from 2025 to 2028 [4] Group 4: Industry Context - The refined oil market is facing challenges due to changing consumer habits, increased competition, and the expansion of the electric vehicle market [5][6] - The semiconductor industry, while currently popular, presents its own risks, as Kuixin Technology has struggled with profitability despite being in a high-demand sector [1][4]

证券代码：603353 证券简称：和顺石油 公告编号：2025-057 湖南和顺石油股份有限公司 1 《关于实际控制人及一致行动人协议转让部分公司股份暨权益变动的提示性公告》。 本次股份协议转让不触及要约收购，不会导致公司控股股东及实际控制人发生变化， 不会对公司治理结构及持续经营产生重大影响。 本次协议转让自交易双方签署之日起成立，自和顺石油已与奎芯科技相关股 东就投资与收购奎芯科技相关股权事宜签署的正式协议生效且和顺石油与陈琬 宜均符合《外国投资者对上市公司战略投资管理办法》的相关要求后生效。本次 权益变动是否能够最终完成尚存在不确定性，公司将密切关注本次权益变动的进 展情况，并敦促交易各方按照有关法律法规的要求及时履行信息披露义务。 股票交易异常波动公告 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、准确性和完整性承担法律责任。 重要内容提示： 湖南和顺石油股份有限公司（以下简称"公司"、"和顺石油"）股票于 2025 年 11 月 14 日、11 月 17 日连续两个交易日内收盘价格涨幅偏离值累计超过 20%。根 据《上海证券交易所交易规则》的有 ...

和顺石油11月17日公告，公司股票交易连续两个交易日内收盘价格涨幅偏离值累计超过20%，属于股票 交易异常波动情形。公司于2025年11月17日在上海证券交易所网站披露了《关于签署股权收购意向协议 暨关联交易的公告》。公司以现金方式，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。双方 确认，标的公司100%的股权价值不高于15.88亿元（增资后估值），预计最终交易金额不高于5.4亿元。 本次签订的意向协议系双方基于收购事项达成的初步意向，具体交易方案、交易金额以最终签署的正式 收购协议为准。 ...

和顺石油公告称，公司股票于2025年11月14日、11月17日连续两个交易日内收盘价格涨幅偏离值累计超 20%，属异常波动。经自查，除已披露信息外无应披露未披露重大信息。公司于11月17日披露，拟现金 收购奎芯科技不低于34%股权，通过表决权委托合计控制51%表决权，预计交易金额不超5.4亿元。此 外，公司实控人及一致行动人协议转让部分股份，不影响控股权。2025年Q3，公司营收21.26亿元，同 比降0.13%；净利润2180.62万元，同比降49.44%。 ...

截至2025年11月17日收盘，和顺石油（603353）报收于30.83元，较前一交易日上涨9.99%，最新总市值 为53亿元。该股当日开盘30.83元，最高30.83元，最低30.83元，成交额达2759.24万元，换手率为 0.53%。 同日，公司发布公告称，实际控制人晏喜明、赵尊铭及其一致行动人赵雄拟通过协议转让方式合计向陈 琬宜转让公司6.0000%股份，共计10,314,360股，转让价格为22.932元/股，总金额236,528,903.52元。本 次权益变动后，实际控制人及其一致行动人持股比例由66.5817%降至60.5817%，不会导致公司控股股 东及实际控制人变更。本次转让尚需上交所合规性审核及办理股份过户登记，且协议生效前提为公司与 奎芯科技相关股东签署的投资与收购协议生效，以及符合《外国投资者对上市公司战略投资管理办法》 要求。受让方陈琬宜承诺所获股份将根据奎芯科技业绩实现情况分三期解锁。 《和顺石油关于召开2025年第三次临时股东会的公告》 《和顺石油关于变更经营范围、修订《公司章程》并办理工商变更登记的公告》 《湖南和顺石油股份有限公司章程（2025年11月修订）》 《和顺石油关于 ...

Core Viewpoint - The acquisition of at least 34% equity in Shanghai Kuixin Integrated Circuit Design Co., Ltd. by Heshun Petroleum is a significant move into the semiconductor industry, with a total transaction amount not exceeding 540 million yuan, which has positively impacted the company's stock price [1] Group 1: Acquisition Details - Heshun Petroleum plans to acquire at least 34% of Kuixin Technology's equity and control 51% of its voting rights through cash and voting rights entrustment [1] - Kuixin Technology, established in 2021, focuses on high-speed interface IP and Chiplet solutions, filling a domestic gap and breaking foreign monopolies [1] - The acquisition is seen as a major benefit for Heshun Petroleum, which primarily operates in the oil retail and logistics sector [1] Group 2: Unusual Aspects of the Transaction - The transfer of shares from Heshun Petroleum's actual controllers to Kuixin Technology's controller involves a lock-up period and performance commitments, which is atypical in such transactions [2] - This structure creates a hard constraint for the controllers to achieve performance targets to unlock their shares, linking the success of Kuixin Technology to the potential increase in Heshun Petroleum's stock price [2] - The transaction raises questions about whether it constitutes a de facto related party transaction, as part of the acquisition funds may flow back to the controllers [3] Group 3: Financial Projections and Risks - Kuixin Technology's revenue commitments for 2025-2028 are set at 300 million, 450 million, 600 million, and 750 million yuan, respectively, with IP and high-speed interconnect products expected to contribute 35% of total revenue [4] - The revenue target for 2023 is challenging, as Kuixin Technology reported only 110 million yuan in revenue for the first half of the year, necessitating a significant increase in the second half to meet the annual goal [4] - The disparity between total revenue and the revenue from IP and high-speed interconnect products raises concerns about the sustainability of Kuixin Technology's "hard tech" status [5] Group 4: Stock Performance - Heshun Petroleum's stock price has surged by 59% since October 28, with two trading halts, despite the lack of significant positive news, raising questions about the effectiveness of the company's insider information management [5]

Market Overview - The refining and trading sector increased by 0.95% compared to the previous trading day, with Unity Co. leading the gains [1] - The Shanghai Composite Index closed at 3972.03, down 0.46%, while the Shenzhen Component Index closed at 13202.0, down 0.11% [1] Stock Performance - Notable declines in individual stocks include: - Kangzhidun (603798) down 5.38% to 16.71 with a trading volume of 64,400 shares and a turnover of 110 million yuan [1] - Baomo Co. (002476) down 3.95% to 6.08 with a trading volume of 279,800 shares and a turnover of 172 million yuan [1] - Other stocks showed minor fluctuations, with Guanghui Energy (600256) and Taishan Petroleum (000554) remaining unchanged at 5.42 and 7.24 respectively [1] Capital Flow - The refining and trading sector saw a net inflow of 67.39 million yuan from main funds, while retail funds experienced a net outflow of 84.64 million yuan [1] - Retail investors contributed a net inflow of 17.25 million yuan [1] Individual Stock Capital Flow - China Petroleum (601857) had a main fund net inflow of 14.02 million yuan, while retail funds saw a net outflow of 10.08 million yuan [2] - Hengli Petrochemical (600346) reported a main fund net inflow of 10.9 million yuan, with retail funds experiencing a net outflow of 79.96 million yuan [2] - Qixiang Tengda (002408) had a main fund net inflow of 9.00 million yuan, while retail funds saw a net outflow of 12.66 million yuan [2]

Core Viewpoint - The oil and gas sector is experiencing upward movement in stock prices, driven by geopolitical tensions and supply disruptions, particularly from Russia, which has halted exports equivalent to 2% of global supply [1]. Group 1: Market Performance - As of November 17, 2025, the National Oil and Gas Index (399439) increased by 0.28%, with significant gains in constituent stocks such as Shun Oil (603353) up 9.99% and Victory Shares (000407) up 9.93% [1]. - The Oil and Gas ETF (159697) rose by 0.60%, marking its fourth consecutive increase, with the latest price at 1.18 yuan [1]. Group 2: Supply and Price Dynamics - The geopolitical situation has led to a suspension of exports from Russian Black Sea ports, impacting supply by approximately 2% of global oil production, equating to 2.2 million barrels per day [1]. - According to Huatai Securities, multiple factors including OPEC+ production increases, rising risks of Russian oil sanctions, and an increase in U.S. commercial crude oil inventories have contributed to a downward trend in oil price levels [1]. Group 3: Key Holdings - As of October 31, 2025, the top ten weighted stocks in the National Oil and Gas Index include major companies such as China National Petroleum (601857) and Sinopec (600028), collectively accounting for 65.09% of the index [2]. - The Oil and Gas ETF is closely tracking the National Oil and Gas Index, reflecting the price changes of publicly listed companies in the oil and gas sector [1][2].

据和顺石油公告，陈琬宜，中国台湾人，现任标的公司董事长、总裁，拥有23年半导体行业经验， 曾任职于SYNOPSYS,INC.（SNPS.NASDAQ，新思科技）、AlchipTechnologies,Limited（3661.TW）、 通富微电子股份有限公司（002156.SZ）、TFAMDInc等公司。 中国经济网北京11月17日讯 和顺石油(603353.SH)今日股价一字涨停，截至发稿报30.83元，上涨 9.99%，总市值53.00亿元。值得注意的是，上周五，和顺石油已涨停，收报28.03元，上涨10.01%。 和顺石油昨晚披露的关于签署股权收购意向协议暨关联交易的公告显示，和顺石油拟以现金方式， 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（以下简称"奎芯科技"或"标的公司"）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（以下简 称"本次交易"）。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 ...

Group 1 - Company Shikong Technology plans to reduce its holdings by no more than 0.29% of its shares, equivalent to 29,070 shares, starting from December 8, 2025 [1] - Company Rongbai Technology has been designated as the first supplier of sodium-ion battery cathode materials for CATL, with a commitment to purchase at least 60% of its total procurement volume annually [1] - Company Xinnong plans to reduce its holdings by no more than 300,000 shares, representing 0.19% of its total shares, within three months from 15 trading days after the announcement [1][2] Group 2 - Company Zhenai Meijia's controlling shareholder has signed an agreement for share transfer, with no asset restructuring plans for the next 12 months [1] - Company Guochuang High-tech plans to reduce its holdings by no more than 1% of its shares, equivalent to 9,163,300 shares, starting from December 9, 2025 [1] - Company Jiuyang clarifies that it does not engage in food and beverage businesses, focusing solely on small household appliances [6][7] Group 3 - Company Furui's subsidiary has reported a net loss of approximately 30.32 million yuan in the first three quarters, with no expansion plans due to uncertainties in the lithium battery industry [8] - Company Annada has elected Li Chongjun as the chairman of its board [10] - Company Maihe's chairman is under investigation and has been placed under detention [12] Group 4 - Company Luoping Zinc Electric's subsidiary has resumed production at its Jinpo lead-zinc mine after obtaining new mining licenses [13] - Company Hengxing Technology has obtained mining rights for its Longtoushan gold mine [14] - Company Qianli Technology plans to reduce its holdings by no more than 2% of its shares, equivalent to 90,422,000 shares, starting from December 8, 2025 [15] Group 5 - Company Fudan Microelectronics' largest shareholder will change to Guosheng Investment after a share transfer agreement [16] - Company Zhongsheng Pharmaceutical is advancing several clinical trials for innovative drug projects, which carry uncertainties regarding approval and market competition [18] - Company Gaoling Information's shareholders plan to collectively reduce their holdings by no more than 1.49% of the shares [20] Group 6 - Company Chuangye Huikang is in the process of planning a change of control, with uncertainties regarding the implementation of related agreements [21] - Company GAC Group has appointed He Xianqing as the new general manager, succeeding Feng Xingya [22] - Company Heshun Petroleum plans to acquire at least 34% of Kuixin Technology and control 51% of its voting rights [23][24] Group 7 - Company Yifeng Pharmacy's executives plan to reduce their holdings by a total of no more than 213,900 shares due to personal financial needs [26][27]