Group 1 - The core viewpoint of the article is that Zhongnong Lihua has terminated its acquisition of at least 50% of Taizhou Agricultural Materials Co., Ltd. after six months of negotiations [2][3]. - Zhongnong Lihua announced on November 17 that it had signed a letter of intent for the acquisition on May 20 with seven individual shareholders of Taizhou Agricultural Materials, but failed to reach a final agreement on key terms [4][6]. - The termination of the acquisition will not have a significant impact on Zhongnong Lihua's financial and operational status, and there are no adverse effects on the company or its shareholders [6][9]. Group 2 - Zhongnong Lihua primarily engages in pesticide distribution and plant protection technology services, focusing on sales of pesticide raw materials and formulations, as well as providing crop health solutions to farmers [8]. - Taizhou Agricultural Materials aims to provide high-quality products to agricultural customers and has a diverse business model that includes chain distribution, agency distribution, and direct sales to large farmers [8]. - The acquisition was expected to enhance Zhongnong Lihua's understanding of market demands and customer dynamics, thereby increasing customer loyalty and market penetration in Zhejiang and surrounding areas [9]. Group 3 - In the first three quarters, Zhongnong Lihua reported a revenue of 8.95 billion yuan, a year-on-year increase of 5.11%, while the net profit attributable to shareholders decreased by 13.63% to 151 million yuan [9][10]. - The company’s total operating costs for the same period were 8.70 billion yuan, reflecting a significant increase in costs compared to the previous year [10].

Core Viewpoint - Zhongnong Lihua has announced the termination of its acquisition of a 50% stake in Taizhou Agricultural Materials Co., Ltd. due to the inability to reach final agreement on key terms with the shareholders involved [1][3]. Group 1: Acquisition Details - The acquisition was initially proposed on May 20, with the intention to purchase at least 50% of Taizhou Agricultural Materials from seven individual shareholders [1][3]. - The termination was mutually agreed upon after discussions and negotiations failed to yield consensus on core terms of the transaction [3]. Group 2: Company Performance - Zhongnong Lihua reported a revenue of 8.95 billion yuan for the first three quarters, reflecting a year-on-year increase of 5.11% [5]. - However, the net profit attributable to the parent company was 151 million yuan, showing a decline of 13.63% compared to the previous year [5]. - The company has indicated that the termination of the acquisition will not significantly impact its financial or operational status [3]. Group 3: Strategic Implications - The acquisition was expected to enhance Zhongnong Lihua's understanding of market demands and customer dynamics, thereby increasing market penetration in Zhejiang and surrounding areas [4]. - The termination of this deal means that the anticipated strategic benefits, such as improved product and service offerings, will not be realized [4]. - Despite this setback, Zhongnong Lihua plans to continue exploring potential cooperation opportunities with Taizhou Agricultural Materials [4].

Core Viewpoint - Zhongnong Lihua has terminated its acquisition of at least 50% of Taizhou Agricultural Materials Co., Ltd. after failing to reach a consensus on key terms of the deal with the shareholders [2][5][6]. Group 1: Acquisition Details - The acquisition was initially proposed on May 20, with an intention to purchase shares from seven individual shareholders [2][5]. - The termination of the acquisition was mutually agreed upon after discussions failed to yield a final agreement on core terms [6]. - Zhongnong Lihua stated that the termination will not significantly impact its financial or operational status, nor harm the interests of the company and its shareholders [4][6]. Group 2: Company Performance - Zhongnong Lihua reported a revenue of 8.95 billion yuan for the first three quarters, reflecting a year-on-year increase of 5.11% [8]. - However, the net profit attributable to the parent company was 151 million yuan, showing a decline of 13.63% compared to the previous year [8]. - The company primarily engages in pesticide distribution and agricultural technology services, aiming to enhance market penetration and customer engagement through the acquisition [7][8]. Group 3: Future Outlook - Despite the termination of the acquisition, Zhongnong Lihua plans to continue exploring cooperation opportunities with Taizhou Agricultural Materials and will adhere to legal requirements for any future agreements [5][7].

Group 1 - Yongtai Technology's wholly-owned subsidiary has received approval for trial production of a lithium battery additive project with an annual capacity of 5,000 tons, set to begin trial production [1] - Mengke Pharmaceutical has decided to terminate its plan to issue shares to a specific entity due to ongoing disagreements among major shareholders, which could impact the company's stable operations [1] - Anhui Construction's subsidiary has been approved to register and issue debt financing tools totaling 15 billion yuan, including 5 billion yuan in short-term financing notes and 10 billion yuan in medium-term notes [2] Group 2 - Koli'er plans to repurchase shares worth between 10 million and 20 million yuan, with a maximum repurchase price of 20.94 yuan per share, to implement an employee stock ownership plan [2] - Xinhua Pharmaceutical has received approval for the production of fumaric acid volnoral raw materials, which are used to treat gastroesophageal reflux disease [3] - Lianhuan Pharmaceutical has received approval for additional specifications of tadalafil tablets, expanding its product offerings for treating erectile dysfunction and benign prostatic hyperplasia [5] Group 3 - Greenland Holdings reported an increase of 1,834 lawsuits with a total amount of 6.587 billion yuan from October 21 to November 13, 2025 [7] - Lianke Technology plans to invest up to 600 million yuan of idle funds in low-risk financial products [8] - Yinglian Co. signed a strategic procurement contract for 5,000 million square meters of composite aluminum foil with a leading new energy technology company [10] Group 4 - China Eastern Airlines reported a 10.58% year-on-year increase in passenger turnover for October, with a capacity increase of 6.84% [12] - China National Airlines reported an 8.7% year-on-year increase in passenger turnover for October, with domestic and international capacity also showing growth [15] - Oupai Home plans to use 320 million yuan of idle funds to purchase structured deposits with expected annual yields between 0.65% and 2.50% [16] Group 5 - Tianwei Food has submitted H-share issuance application materials to the Hong Kong Stock Exchange, which have been accepted by the China Securities Regulatory Commission [18] - Guizhou Aviation plans to establish a subsidiary focused on the research, production, and market expansion of intelligent automotive components, with initial operating funds of 40 million yuan [20] - Daimai Co. plans to invest 100 million yuan to establish a wholly-owned subsidiary in Shanghai focused on robotics technology [22] Group 6 - Founder Securities has received approval to issue company bonds totaling up to 30 billion yuan [24] - Hengrui Medicine has received clinical trial approvals for multiple drugs, indicating ongoing research and development efforts [26] - Zhaojing Pharmaceutical's product ZG006 has received orphan drug designation from the FDA, providing various benefits for its development in the U.S. market [39]

Core Points - Zhongnong Lihua announced the termination of the share acquisition intention agreement with seven individual shareholders of Zhejiang Taizhou Agricultural Materials Co., Ltd due to the inability to reach a final consensus on the investment transaction [1] Group 1 - The intention agreement was meant to express both parties' preliminary willingness and initial negotiation results regarding the transaction [1]

Core Viewpoint - Zhongnong Lihua (603970.SH) has signed a Letter of Intent for share acquisition but has not reached a final agreement on key terms with the natural person shareholders involved in the transaction [1] Group 1: Transaction Progress - The company has engaged relevant intermediaries to conduct financial, legal due diligence, and asset evaluation on Taizhou Agricultural Materials [1] - Discussions and negotiations have taken place between the company and the natural person shareholders regarding the transaction [1] - The Letter of Intent stipulates that if a formal transaction agreement is not reached within 180 calendar days, the agreement will automatically terminate [1] Group 2: Agreement Termination - To protect the rights of both parties, the company and the natural person shareholders have mutually agreed to terminate the Letter of Intent [1]

关于股份收购意向书终止的公告 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： | 投资标的名称 | 浙江省台州市农资股份有限公司股份收购项目 | | --- | --- | | 投资金额（万元） | 无 | | 投资进展情况 | 完成 终止 交易要素变更 | | 特别风险提示（如有） | 公司前期与相关方所签署的《股份收购意向书》 | | | 旨在表达转受让双方对交易相关事宜的初步意 | | | 愿及初步商洽的意向性结果，属于意向性合作协 | | | 议。 | | | 因截至本公告日，转受让双方未能就投资交易达 | | | 成最终一致意见，拟终止本次对外投资，此事项 | | | 不会对公司财务状况和经营状况产生重大影响， | | | 不存在损害公司及股东利益的情形。 | 一、对外投资基本情况 中农立华生物科技股份有限公司（以下简称"公司"）与浙江省台州市农资 股份有限公司（以下简称"台州农资"）的 7 位自然人股东陶维康、金果夫、刘 海布、王伟民、胡精良、黄伟胜、江志坚于 2025 年 5 月 20 日签 ...

Core Viewpoint - Zhongnong Lihua (603970.SH) has signed a Letter of Intent for share acquisition but has not reached a final agreement on key terms with the natural person shareholders involved in the transaction [1] Group 1: Transaction Progress - The company has engaged relevant intermediaries to conduct financial, legal due diligence, and asset evaluation on Taizhou Agricultural Materials [1] - Discussions and negotiations have taken place between the company and the natural person shareholders regarding the transaction [1] - The Letter of Intent stipulates that if a formal transaction agreement is not reached within 180 calendar days, the agreement will automatically terminate [1] Group 2: Agreement Termination - Due to the inability to reach consensus on core terms, the company and the natural person shareholders have mutually agreed to terminate the Letter of Intent [1]

Group 1 - The company Zhongnong Lihua (603970.SH) announced the signing of a "Share Purchase Intent Letter" and is actively promoting the implementation of related work as per the agreement [1] - The company has engaged relevant intermediary institutions to conduct financial, legal due diligence, and asset evaluation on Taizhou Agricultural Materials, with Mr. Tao Weikang and Taizhou Agricultural Materials providing positive cooperation [1] - Despite multiple discussions and negotiations regarding core terms of the transaction, the parties have not reached a final consensus at this stage [1] Group 2 - According to the terms of the "Share Purchase Intent Letter," if the parties do not reach a formal transaction document within 180 calendar days from the signing of the agreement, the agreement will automatically terminate [1] - To protect the rights and interests of both parties, the company and Mr. Tao Weikang, along with other individual shareholders, have mutually agreed to terminate the "Share Purchase Intent Letter" [1]

中农立华公告，公司与浙江省台州市农资股份有限公司7位自然人股东签署的《股份收购意向书》因双 方未能就投资交易达成最终一致意见，拟终止本次对外投资。该意向书旨在表达双方对交易相关事宜的 初步意愿及初步商洽的意向性结果，属于意向性合作协议。 ...