Core Viewpoint - The company proposes a share buyback plan to enhance employee motivation, attract talent, and boost investor confidence, reflecting strong belief in its future development and value [1][2]. Proposal Details - The type of shares to be repurchased is the company's issued ordinary shares (A-shares) [2]. - The purpose of the repurchase is for equity incentives or employee stock ownership plans, with specific uses to be determined by the board [2]. - The repurchase will be conducted through a centralized bidding system on the Shanghai Stock Exchange [2]. - The duration for the repurchase is set for 12 months from the board's approval date [2]. - The repurchase price will not exceed 150% of the average trading price of the company's shares over the 30 trading days prior to the board's resolution [2]. - The total funds allocated for the repurchase will be no less than RMB 30 million and no more than RMB 50 million [2]. - The source of funds for the repurchase will be the company's own funds [2]. Shareholder Activity - The proposer, Mr. Zhu Guosheng, has not engaged in buying or selling company shares in the six months prior to the proposal [3]. - There are currently no plans for Mr. Zhu to increase or decrease his shareholding during the repurchase period, and any future plans will be disclosed in accordance with relevant laws and regulations [4]. Commitment - Mr. Zhu has committed to actively promote the swift execution of the share buyback and will vote in favor of the proposal at the board meeting [5]. Previous Buyback Implementation - In a previous buyback conducted on October 11, 2024, the company repurchased 2,281,700 shares, accounting for 1.50% of the total share capital, at a maximum price of RMB 19.14 per share, a minimum price of RMB 12.00 per share, and an average price of RMB 15.34 per share, utilizing a total of RMB 35.0023 million [7].

Core Viewpoint - The asset restructuring plan of Bangyan Technology (688132.SH) has been terminated due to a lack of consensus among the parties involved, which raises concerns about the company's future performance and strategic direction [1][2]. Group 1: Restructuring Details - Bangyan Technology announced the termination of its asset restructuring plan on May 25, 2024, after failing to reach an agreement on the final cooperation scheme [1]. - The company had planned to acquire 100% of Shenzhen Xingwang Xintong Technology Co., Ltd. (Xingwang Xintong) and raise supporting funds through the issuance of shares and cash payments [1][2]. - Xingwang Xintong is a key partner of Huawei and provides integrated communication solutions primarily to financial institutions and government agencies [2]. Group 2: Financial Performance - Bangyan Technology's financial performance has been under pressure since its listing in September 2022, with a decline in revenue and a shift to losses in the following year [3]. - The company reported revenues of 3.7 billion, 1.81 billion, and 3.47 billion from 2022 to 2024, with year-on-year growth rates of 20.04%, -51.18%, and 91.98% respectively [3]. - Net profits for the same period were 411.18 million, -522.5 million, and -366 million, reflecting significant losses and a decline in profitability [3]. - In the first quarter of 2025, the company reported revenues of 277.06 million, a decrease of 78.38%, and a net loss of 272.06 million, a reduction of 177.02% year-on-year [4].

Core Viewpoint - The termination of the major asset restructuring plan by Bangyan Technology has led to a significant drop in its stock price, reflecting investor concerns about the company's future prospects and its struggle to transition from a military-focused business model to a civilian market strategy [1][4][5]. Group 1: Acquisition and Business Strategy - Bangyan Technology announced the termination of its acquisition of 100% of Shenzhen Xingwang Xintong Technology Co., Ltd., which was intended to facilitate its entry into the civilian market and implement a "military + civilian" strategic layout [1][2]. - The acquisition was aimed at leveraging Xingwang Xintong's expertise in smart integrated communication to quickly penetrate the civilian market, thereby creating a second growth curve for the company [3]. - The company has been heavily reliant on military contracts, with military-related revenue accounting for 77.22% and 84.15% of total revenue in 2023 and 2024, respectively [2]. Group 2: Financial Performance - Bangyan Technology has faced continuous financial losses since its listing, with net profits of -52.25 million and -36.61 million in 2023 and 2024, respectively, following a profit of 41.12 million in 2022 [5]. - As of the end of Q1 2024, the company reported a net profit loss of 27.21 million and a significant revenue decline of over 78%, marking the lowest quarterly revenue since its IPO [5]. - The company's undistributed profits have accumulated to a loss of over 200 million, and it has not issued any dividends since its listing [5]. Group 3: Executive Compensation - Despite the ongoing financial struggles, Bangyan Technology's executives received substantial salary increases, with the chairman's salary reaching 2.14 million, marking a 40.62% increase from the previous year [6]. - The salary increases for executives have raised concerns among investors, especially given the company's failure to generate profits and distribute dividends [4][6].

就在回购提议发出的前一天(即5月25日)，邦彦技术发布公告，由于交易相关方未能就最终合作方案达 成一致意见，经审慎研究，公司决定终止以发行股份及支付现金方式购买深圳星网信通科技股份有限公 司(下称"星网信通")100%股份并募集配套资金事项，并承诺至少1个月内不再筹划重大资产重组。 虽然邦彦技术表态前述事项终止不会对现有生产经营活动和战略发展造成重大不利影响，但仍然引发了 二级市场震荡。5月26日，公司股价大幅低开，随后一直保持低位运行，截至收盘下跌14.68%，最新报 收18.19元/股，市值28亿元。 根据此前发布的交易预案，星网信通主营ICT产品解决方案、融合通信解决方案、运维服务等业务，应 用于融合指挥、智能客服、企业统一通信和ICT产品解决方案等智慧融合通信领域。公司认为，若完成 对星网信通的收购，短期将直接改善上市公司利润结构，中长期将有助于公司快速切入民品市场，开辟 第二增长曲线。 按照计划，邦彦技术将于5月27日盘后以网络文字互动形式召开投资者说明会，就本次终止重大资产重 组事项的相关情况与投资者进行沟通和交流。 重大资产重组事项终止后，邦彦技术(688132)股价在5月26日大幅下跌，公司实 ...

每经记者｜陈鹏丽 每经编辑｜张海妮 邦彦技术（SH688132，股价18.19元，市值27.69亿元）筹划了半年的收购，最终以失败告终。 5月25日晚，邦彦技术宣布，由于交易相关方未能对本次交易的最终合作方案达成一致意见，经公司充分审慎研究及与交易相关方协商，公司拟终止本次发 行股份及支付现金购买资产并募集配套资金事项暨关联交易，并授权公司管理层办理终止相关事宜。 今年5月25日晚，邦彦技术宣布终止收购星网信通100%股权，原因是交易相关方未能就本次交易的最终合作方案达成一致意见。 《每日经济新闻》记者注意到，5月26日开盘后，邦彦技术的股价大幅下挫，盘中最大跌幅达17.59%；截至收盘，股价有所回升，跌幅收窄至14.68%。 《每日经济新闻》记者获悉，去年11月底，邦彦技术对外"官宣"拟向金证股份（SH600446，股价14.91元，市值141.1亿元）、章海新等16名交易对方购买深 圳星网信通科技股份有限公司（以下简称星网信通）100%股权，并向不超过35名特定投资者发行股份募集配套资金。当时公司称，收购星网信通是为了更 快切入民品市场，开辟第二增长曲线。 从体量上看，星网信通2022年、2023年及20 ...

证券代码：688132 证券简称：邦彦技术 公告编号：2025-038 邦彦技术股份有限公司 一、提议回购股份的原因和目的 基于对公司未来发展的坚定信心和对公司价值的高度认可，为进一步建立、 健全公司长效激励机制，吸引和留住优秀人才，充分调动公司员工的积极性和创 造性，并增强投资者对公司的投资信心，紧密结合公司利益、股东利益与员工利 益，促进公司健康可持续发展，结合公司经营情况及财务状况等因素，公司控股 股东、实际控制人、董事长、总经理祝国胜先生提议通过集中竞价交易方式进行 股份回购，并在未来适宜时机全部用于员工持股计划及/或股权激励计划。 二、提议内容 1、回购股份的种类及方式：公司已发行的人民币普通股（A股）； 2、回购股份的用途：拟用于股权激励或员工持股计划，具体用途由董事会 依据有关法律法规决定； 3、回购股份的方式：通过上海证券交易所交易系统以集中竞价交易方式回 购； 4、回购股份的期限：自董事会审议通过本次回购方案之日起12个月内； 5、回购股份的价格：不高于公司董事会通过回购决议前30个交易日公司股 票交易均价的150%，具体以董事会审议通过的回购股份方案为准； 关于收到公司控股股东、实际控制人 ...

邦彦技术公告，公司控股股东、实际控制人、董事长、总经理祝国胜提议以3000万元至5000万元资金回 购股份，回购股份的价格不高于董事会审议通过回购决议前30个交易日公司股票交易均价的150%。此 次回购的资金来源为公司自有资金，回购的股份拟用于股权激励或员工持股计划。提议人在提议前6个 月内未买卖公司股份，并承诺在董事会上投赞成票。公司董事会将在收到提议后尽快研究并制定合理可 行的回购方案。 ...

由于交易相关方未能达成一致，为维护公司及全体股东利益，公司决定终止此次交易。 "目前公司各项业务正常，终止交易对生产经营和战略发展无重大不利影响。" 邦彦技术还承诺，公司承诺至少1个月内不再筹划重大资产重组。 5月25日晚，邦彦技术发布公告称，公司召开董事会，审议通过终止发行股份及支付现金购买资产并募集配套资金事项暨关联交易的议案。 受此影响，邦彦技术今日低开低走，截至午间收盘股价跌14.63%报18.20元/股，总市值27.70亿元。 终止收购星网信通 根据公告，由于交易相关方未能就最终合作方案达成一致意见，经审慎研究，公司决定终止以发行股份及支付现金方式购买深圳星网信通科技股份有限公司 （简称"星网信通"）100%股份并募集配套资金事项，并承诺至少1个月内不再筹划重大资产重组。 就在前不久的分析师会议上，有机构问道关于收购星网信通进展，邦彦技术回复称，目前并购正在有序推进，中介相关流程及标的公司机构股东审核等程序 仍需要一定时间，公司将加速推进并购的落地。 回顾这段交易的历程，2024年11月25日，邦彦技术披露筹划重大资产重组事项，公司股票于2024年11月25日-2024年12月2日期间停牌。 邦彦技 ...

据邦彦技术2024年12月3日披露的发行股份及支付现金购买资产并募集配套资金暨关联交易预案，金证 股份系星网信通第一大股东，持股比例为18.25%。标的公司无控股股东。截至预案签署日，章海新直 接或间接控制标的公司股份表决权比例达到48.75%。同时，章海新作为标的公司的创始人，能够实际 控制标的公司的经营管理活动，对股东会、董事会产生重大影响，且第一大股东金证股份承诺不主动谋 求星网信通的实际控制权，因此标的公司实际控制人为章海新。 邦彦技术于2022年9月23日在上交所科创板上市，公开发行新股3,805.6301万股，发行价格为28.88元/ 股。目前该股处于破发状态。 邦彦技术首次公开发行股票的募集资金总额为10.99亿元，扣除发行费用后，募集资金净额为97,421.97 万元。公司实际募资净额比原拟募资多1.72亿元。公司2022年9月20日披露的招股书显示，邦彦技术原 拟募资80,241.30万元，拟用于融合通信产品技术升级项目、舰船通信产品技术升级项目、信息安全产品 技术升级项目、研发中心项目。 邦彦技术的保荐机构（主承销商）为国信证券，保荐代表人为张伟权、宿昳梵。邦彦技术公开发行新股 的发行费用 ...

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。 证券代码：688132 证券简称：邦彦技术 公告编号：2025-034 邦彦技术股份有限公司 二、董事会会议审议情况 邦彦技术股份有限公司（以下简称"公司"）第四届董事会第二次会议于 议豁免《公司法》以及《公司章程》所要求之会议通知时限要求，且不会以任何 途径及方式向相关部门及机关申请撤销公司本次临时董事会的决议。公司以口头、 电话等通讯方式向全体董事发出召开本次会议的通知，与会的各位董事已知悉与 所议事项相关的必要信息。会议应出席董事 7 人，实际出席董事 7 人，会议由董 事长祝国胜主持，本次会议的召开符合有关法律、法规和《公司章程》的规定， 会议决议合法、有效。 一、董事会会议召开情况 经全体董事表决，形成决议如下： （一）审议通过《关于终止发行股份及支付现金购买资产并募集配套资金 事项暨关联交易的议案》 表决结果：同意 7 票，反对 0 票，弃权 0 票。 本议案已经公司第四届董事会战略委员会、独立董事专门会议审议通过。 具体内容详见公司同日于上海证券交易所网站（http ...