Core Viewpoint - Chongqing Zai Sheng Technology plans to acquire 49% of Sichuan Maikelong Vacuum New Materials Co., Ltd. for 231 million RMB to enhance its market competitiveness in the energy-efficient sector [1] Group 1: Acquisition Details - The acquisition will be funded by the company's own capital, and the controlling rights of Maikelong will be transferred to Chongqing Zai Sheng, making it a subsidiary included in the consolidated financial statements [1] - Maikelong specializes in the research, production, and sales of vacuum insulation panels, with established applications in home appliances and new energy vehicles [1] Group 2: Financial Metrics - The transaction price is based on Maikelong's total equity value of 471 million RMB as of March 31, 2025, reflecting an increase of 366 million RMB, or a 346.18% appreciation over its book net asset value of 106 million RMB [2] - Maikelong is projected to achieve a net profit of approximately 27.06 million RMB in 2024 and 1.6 million RMB in the first quarter of 2025, with a net asset value of 106 million RMB as of the end of Q1 2025 [2] Group 3: Related Party Transactions - The transaction involves related parties, as the controlling shareholder of Chongqing Zai Sheng is the sister of Maikelong's controlling shareholder, leading to a situation of "joint investment with related parties" [2] - Expected related party transactions between Chongqing Zai Sheng and Maikelong are estimated at 346 million RMB for 2024 and 381 million RMB for 2025 [2] Group 4: Performance Commitments - The agreement includes performance guarantees, with Maikelong committing to achieve annual revenues of no less than 465 million RMB, 560 million RMB, and 648 million RMB for the years 2025, 2026, and 2027, respectively [4] - The cumulative net profit commitment for the three years is set at no less than 86.61 million RMB [4]

Group 1 - The Ministry of Finance and the State Taxation Administration announced the resumption of VAT on interest income from newly issued government bonds, local government bonds, and financial bonds starting from August 8 [1] - The Hong Kong High Court ruled that Zong Fuli cannot withdraw or transfer any assets from the bank account of Jianhao Venture Capital Limited until the litigation results are finalized [1] - The U.S. non-farm payrolls increased by only 73,000 in July, the lowest in nine months, significantly below the expected 110,000, indicating a rapid slowdown in the labor market [1] Group 2 - The central bank emphasized the implementation of a moderately loose monetary policy and enhancing the effectiveness of monetary policy measures [2] - The National Development and Reform Commission plans to accelerate the establishment of new policy financial tools to support private enterprises in major national projects [2] - The Supreme Court issued judicial interpretations on labor disputes, clarifying that agreements not to participate in social insurance are invalid [2] Group 3 - The Ministry of Finance reported six typical cases of local government hidden debt, with Xiamen, Chengdu, and Wuhan East Lake New Technology Development Zone adding hidden debts of 68.396 billion, 61.408 billion, and 10.385 billion respectively [3] Group 4 - The A-share market experienced a decline, with the Shanghai Composite Index falling by 0.37% to 3559.95 points, and the total trading volume for the day was 1.62 trillion [4] - The Hong Kong Hang Seng Index closed down 1.07% at 24507.81 points, marking four consecutive days of decline [5] Group 5 - The Hong Kong Stock Exchange published a consultation summary on optimizing IPO pricing and public market regulations, allowing a reduction in the minimum allocation ratio for IPO book-building from 50% to 40% [5] - The Shanghai Stock Exchange clarified that pre-application consultation is not a mandatory procedure for project acceptance [5] Group 6 - In the electric vehicle sector, July delivery figures showed significant growth for several companies, with Leap Motor surpassing 50,000 deliveries for the first time [9] - The Ministry of Industry and Information Technology issued a digital transformation implementation plan for the machinery industry, aiming for 50% of enterprises to reach a maturity level of two or above by 2027 [10] Group 7 - The State Administration of Foreign Exchange outlined key tasks for foreign exchange management, emphasizing the need for macro-prudential management of cross-border capital flows [21] - The onshore RMB closed at 7.2106 against the USD, down 176 basis points from the previous trading day [21]

Group 1 - The board of directors of Chongqing Zaiseng Technology Co., Ltd. held its 23rd meeting of the 5th session on August 1, 2025, with all 8 directors present, including independent director Liu Bin attending via remote voting [1][2] - The meeting was legally valid and complied with the relevant laws and the company's articles of association [1] - The board approved a proposal for cash acquisition of 49% equity in Maikelong, which will be submitted to the third extraordinary general meeting of shareholders scheduled for August 20, 2025 [2] Group 2 - The proposal received a unanimous vote of 6 in favor, with no votes against or abstentions, while related directors Guo Mao and Guo Sihan abstained from voting [2] - The strategic committee, audit committee, and independent directors had previously reviewed and approved the proposal before it was presented to the board [2]

Key Points - The article highlights significant corporate announcements from August 1, including stock reductions, project investments, contract wins, operational data, equity acquisitions, share buybacks, and performance results [1] Group 1: Stock Reductions - Beijiajie reduced holdings by 1.025 million shares and 0.575 million shares from July 23 to July 28 [1] - Yongxin Zhicheng plans to reduce no more than 4% of its shares [1] Group 2: Project Investments - Xiamen Tungsten's subsidiary intends to establish a wholly-owned subsidiary to undertake the construction of a cutting tool production base in Chengdu [1] - Aorijin plans to invest in the construction of an overseas production line project [1] Group 3: Contract Wins - China National Petroleum Engineering's subsidiary won a contract for the Iraq seawater pipeline project [1] - Nanfeng Co. secured a project worth 61.57 million yuan [1] Group 4: Operational Data - BYD reported total new energy vehicle sales of 344,300 units in July [1] - Qianli Technology achieved total vehicle sales of 10,222 units in July, representing a year-on-year increase of 142.34% [1] Group 5: Equity Acquisitions - Zhaosheng Technology plans to acquire 49% of Maikelong for 231 million yuan [1] - *ST Yazhen intends to acquire 51% of Guangxi Zirconium for 55.449 million yuan [1] Group 6: Share Buybacks - Nova Star Cloud plans to repurchase shares worth between 75 million and 150 million yuan [1] - Baiyun Electric intends to repurchase shares worth between 10 million and 20 million yuan [1] Group 7: Performance Results - Hikvision reported a net profit of 5.657 billion yuan for the first half of the year, a year-on-year increase of 11.71% [1] - Ninebot Company achieved a net profit of 1.242 billion yuan in the first half of the year, a year-on-year increase of 108.45% [1] Group 8: Other Announcements - Jingyan Technology plans to issue convertible bonds to raise no more than 578 million yuan for new consumer electronics and data server components production projects [1] - Borui Pharmaceutical signed a cooperation and research agreement with China Resources Sanjiu [1]

Core Viewpoint - The company, Zai Sheng Technology, plans to acquire a 49% stake in Sichuan Maikelong Vacuum New Materials Co., Ltd. for a transaction price of 231 million RMB, which will allow it to gain control over Maikelong's board and consolidate it into its financial statements [1][2]. Group 1: Acquisition Details - The acquisition involves the controlling shareholder of Maikelong, Yang Xingzhi, transferring 49% of his shares to Zai Sheng Technology, while also delegating voting rights of an additional 17.6668% of shares to Zai Sheng [1][2]. - Maikelong, established in 2017, specializes in the research, production, and sales of vacuum insulation panels and related products, primarily serving high-end home appliances, cold chain, and emerging application sectors [2]. Group 2: Financial Assessment - As of the assessment benchmark date (March 31, 2025), Maikelong's total equity value is estimated at 471 million RMB, reflecting an increase of approximately 366 million RMB, or 346.18%, compared to its book net assets of 105.6 million RMB [4]. Group 3: Strategic Implications - The acquisition is expected to enhance Zai Sheng Technology's manufacturing capabilities and technical advantages, facilitating entry into the rapidly growing vacuum insulation panel market. It will leverage Maikelong's extensive sales network and quality customer resources to achieve market penetration across various product categories [5]. - The integration aims to create a complete industrial chain from material production to market distribution, thereby strengthening the company's competitive position and expanding its future growth potential [5]. Group 4: Company Performance - In Q1 2025, Zai Sheng Technology reported revenues of 324 million RMB, a year-on-year decline of 4.59%, while net profit attributable to shareholders increased by 3.69% to approximately 33.56 million RMB [5]. - The company's stock price closed at 5.1 RMB per share on August 1, with a total market capitalization of 5.21 billion RMB, reflecting a year-to-date increase of 52.24% [5].

（文章来源：证券日报） 证券日报网讯 8月1日晚间，再升科技发布公告称，公司第五届董事会第二十三次会议审议通过了《关 于公司现金收购迈科隆49%股权暨关联交易的议案》《关于召开公司2025年第三次临时股东会的议 案》。 ...

证券日报网讯 8月1日晚间，再升科技发布公告称，公司将于2025年8月20日召开2025年第三次临时股东 会。本次股东会将审议《关于公司现金收购迈科隆49%股权暨关联交易的议案》。 （文章来源：证券日报） ...

Group 1 - The company plans to acquire a 49% stake in Sichuan Maikelong Vacuum New Materials Co., Ltd. for a transaction price of RMB 231 million [1] - The actual controller of Maikelong, Mr. Yang Xingzhi, will delegate the voting rights of the remaining 17.6668% stake to the company, allowing it to gain control over Maikelong's board [1] - Maikelong specializes in the research, manufacturing, and sales of vacuum insulation panels, which have been effectively applied in the refrigerator and new energy vehicle sectors [1] Group 2 - The acquisition is expected to rapidly expand the company's industrial chain and enhance its market competitiveness in the energy-efficient sector [1]

Group 1 - The company plans to acquire a 49% stake in Sichuan Maikelong Vacuum New Materials Co., Ltd. from its controlling shareholder Yang Xingzhi for a transaction price of RMB 231 million [1] - Yang Xingzhi will delegate the voting rights associated with the remaining 17.6668% stake in Maikelong to the company, allowing it to gain control over the board of Maikelong [1] - Maikelong specializes in the research, manufacturing, and sales of vacuum insulation panels, which have been effectively applied in the refrigerator and new energy vehicle sectors, enhancing the company's market competitiveness in the energy efficiency field [1]

本资产评估报告依据中国资产评估准则编制 重庆再升科技股份有限公司拟收购股权 所涉及的四川迈科隆真空新材料有限公司 股东全部权益价值评估项目 资产评估报告 重坤元评[2025]084 号 (共1册,第1册) 资产评估业务报告备案回执 | 报告编码: | 5050210009202500088 | | --- | --- | | 合同编号: | 重坤元评协[2025]059号 | | 报告类型: | 非法定评估业务资产评估报告 | | 报告文号: | 重坤元评[2025]084号 | | 报告名称: | 重庆再升科技股份有限公司拟收购股权所涉及的四川迈科隆真空 新材料有限公司股东全部权益价值评估项目 | | 评估结论: | 471,330,000.00元 | | 评估报告日: | 2025年07月18日 | | 评估机构名称: | 重庆坤元资产评估有限公司 | | | 贺霍民 (资产评估师) 正式会员 编号:50110011 | | 签名人员: | 能 维 座 (资产评估师) 正式会员 编号:50190096 贺霍民、熊维雁已实名认可 | (可扫描二维码查询备案业务信 说明:报告备案回执仪证明此报告已在业务报备管 ...