Core Viewpoint - The company, Jing Sheng Co., Ltd., is currently in the planning stage of a potential transaction, which may or may not constitute a major asset restructuring, leading to a temporary suspension of its stock trading starting August 26, 2025, for up to 10 trading days [3][5]. Company Overview - Jing Sheng Co., Ltd. is a supplier of semiconductor equipment, primarily engaged in the research, development, production, and sales of crystal growth equipment. The company has established relationships with clients such as Shanghai Xinsheng, Jinrui Hong, Shenkong Co., Sanan Optoelectronics, Dongni Electronics, and BYD [5]. - The company reported a market capitalization of 5.782 billion yuan and a stock price of 41.79 yuan per share as of August 25, 2025, reflecting a 2.35% increase on that day [9][10]. Business Performance - The semiconductor-grade silicon business of the company is expected to maintain a growth trend. The company has seen significant growth in new orders and product technology compared to the previous year, with high technical barriers and maintained gross margins [6][7]. - The company is capable of providing complete solutions for 19nm high-end polished wafers, covering equipment, thermal fields, and processes, indicating a strong position in the market [7]. Technology and Innovation - Jing Sheng Co., Ltd. has accumulated professional technology and processes over many years in the crystal growth equipment industry. The company continuously optimizes and upgrades its technology and equipment, holding advantages in crystal growth equipment design and control [8]. - The core technologies of the company are derived from independent research and development, protected through patents and trade secrets [8].

Core Viewpoint - Jing Sheng Co., Ltd. is planning to acquire a controlling stake in Beijing Weizhun Intelligent Technology Co., Ltd. through a combination of issuing shares and cash payment, while also raising supporting funds [1][2] Group 1: Transaction Details - The transaction is currently in the planning stage, and it is uncertain whether it will constitute a major asset restructuring [1] - The specific details regarding the audit evaluation, transaction amount, and the ratio of shares issued versus cash payment have not yet been determined [1] - The transaction will not lead to a change in the actual controller of the company and does not constitute a restructuring listing [1] Group 2: Company Background - Beijing Weizhun was established in February 2014 with a registered capital of 15.8824 million yuan [1] - Since its inception, Beijing Weizhun has developed a complete system for research and development, production, sales, and service, covering major electronic product manufacturing bases across China [1] - The company has provided production testing services for several mainstream mobile phone brands, totaling hundreds of millions of mobile phones [1] Group 3: Stakeholders and Agreements - Jing Sheng is currently in discussions with potential transaction parties, initially identifying Ge Sijing and Xu Fengchun as the main parties [2] - A "Share Acquisition Intent Agreement" has been signed with the major shareholders of the target company, outlining the intention to acquire the controlling stake through share issuance and cash payment [2] - The final price for the transaction will be determined based on an evaluation report from a qualified assessment agency and through negotiations among the parties involved [2] Group 4: Industry Position - Jing Sheng is a key player in the semiconductor equipment sector, providing customized products such as semiconductor-grade single crystal silicon furnaces and silicon carbide single crystal furnaces to downstream semiconductor material manufacturers [2] - The semiconductor-grade single crystal silicon furnace and silicon carbide single crystal furnace are core products, accounting for a significant portion of the company's main business revenue [2]

证券代码：688478 证券简称：晶升股份 公告编号：2025-037 南京晶升装备股份有限公司 因筹划发行股份及支付现金购买资产并募集配套资金事项,本公司的相关证 券停复牌情况如下： | | | | 停牌 | | | | --- | --- | --- | --- | --- | --- | | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌终止日 | 复牌日 | | | | | 期间 | | | 一、停牌事由和工作安排 南京晶升装备股份有限公司（以下简称"公司"）正在筹划以发行股份及支付 现金的方式购买北京为准智能科技股份有限公司（以下简称"北京为准"或"标 的公司" ）的控股权，同时拟募集配套资金（以下简称"本次交易"）。 本次交易尚处于筹划阶段，截至本公告披露日，北京为准的估值尚未最终确 定。根据《上市公司重大资产重组管理办法》 关于筹划发行股份及支付现金购买资产 并募集配套资金事项的停牌的公告 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： ? 证券停复牌情况：适用 | 公司名称 | ...

智通财经APP讯，晶升股份(688478.SH)发布公告，公司正在筹划以发行股份及支付现金的方式购买北 京为准智能科技股份有限公司(简称"北京为准"或"标的公司")的控股权，同时拟募集配套资金。本次交 易不会导致公司实际控制人发生变更，不构成重组上市。 鉴于上述事项存在不确定性，为保证公平信息披露，维护投资者利益，避免造成公司股价异常波动，根 据上海证券交易所相关规定，经公司申请，公司股票将于2025年8月26日(星期二)开市起停牌，预计停 牌时间不超过10个交易日。 ...

Group 1 - The company Jingsheng Co., Ltd. is planning to acquire a controlling stake in Beijing Weizhun Intelligent Technology Co., Ltd. and will raise matching funds for this purpose [2][5] - The stock of Jingsheng Co., Ltd. will be suspended from trading starting August 26, with an expected suspension period of no more than 10 trading days [2] - As of August 25, Jingsheng Co., Ltd.'s stock price closed at 41.79 yuan per share, reflecting a year-to-date increase of 49.43% [2][9] Group 2 - The acquisition will be conducted through a combination of issuing shares and cash payments, with the valuation of Beijing Weizhun yet to be finalized [5][7] - Jingsheng Co., Ltd. emphasizes that this transaction will not result in a change of actual control and does not constitute a restructuring listing [7] - Beijing Weizhun, established in February 2014, specializes in the research, production, and service of wireless communication testing equipment, with a registered capital of 15.88 million yuan [5][6] Group 3 - Jingsheng Co., Ltd. reported a total operating revenue of 425 million yuan for 2024, a year-on-year increase of 4.78%, while the net profit attributable to shareholders decreased by 24.32% to 54 million yuan [8] - In the first quarter of 2025, the company achieved an operating revenue of 71 million yuan, a year-on-year decrease of 12.69%, and reported a net profit of -3 million yuan, indicating a loss compared to the previous year [9]

Core Viewpoint - Jing Sheng Co., Ltd. is planning to acquire a controlling stake in Beijing Weizhun Intelligent Technology Co., Ltd. and will raise matching funds, leading to a stock suspension starting August 26, 2025 [1][5]. Group 1: Acquisition Details - The acquisition will be conducted through a combination of issuing shares and cash payments, with the valuation of Beijing Weizhun yet to be finalized [5][7]. - The transaction is in the planning stage, and the company is in discussions with the main shareholders of Beijing Weizhun, namely Ge Sijing and Xu Fengchun [7]. - Jing Sheng emphasizes that this transaction will not result in a change of actual control and does not constitute a restructuring listing [7]. Group 2: Company Background - Beijing Weizhun, established on February 27, 2014, specializes in the research, production, and service of wireless communication testing equipment, with a registered capital of 15.8824 million yuan [6]. - The company has developed a nationwide sales service system and has provided production testing services for numerous mainstream mobile phone brands [6]. Group 3: Financial Performance - Jing Sheng reported a total revenue of 425 million yuan for the year 2024, representing a year-on-year increase of 4.78%, while the net profit attributable to shareholders decreased by 24.32% to 54 million yuan [9]. - In the first quarter of 2025, the company achieved a revenue of 7.1 million yuan, a year-on-year decrease of 12.69%, and reported a net profit of -3 million yuan, indicating a shift from profit to loss [9]. - The stock price of Jing Sheng has surged by 49.43% this year, closing at 41.79 yuan per share on August 25, 2025, with a total market capitalization of 5.8 billion yuan [1][9].

Core Viewpoint - Jing Sheng Co., Ltd. is planning to acquire a controlling stake in Beijing Weizhun Intelligent Technology Co., Ltd. and will raise matching funds, with stock suspension starting from August 26, 2025, for up to 10 trading days [2][6]. Group 1: Acquisition Details - The acquisition will be conducted through a combination of issuing shares and cash payments, with the valuation of Beijing Weizhun yet to be finalized [6][8]. - The main shareholders involved in the transaction are identified as Ge Sijing and Xu Fengchun [8]. - The company emphasizes that this transaction will not lead to a change in the actual controller and does not constitute a restructuring listing [5][8]. Group 2: Company Background - Beijing Weizhun, established on February 27, 2014, specializes in the research, production, and service of wireless communication testing equipment, with a registered capital of 15.8824 million yuan [7]. - The company has developed a nationwide sales service system, providing production testing services for numerous mainstream mobile phone brands [7]. Group 3: Financial Performance - Jing Sheng Co., Ltd. reported a total revenue of 425 million yuan for 2024, a year-on-year increase of 4.78%, while the net profit attributable to shareholders decreased by 24.32% to 54 million yuan [10]. - In the first quarter of 2025, the company achieved a revenue of 71 million yuan, a year-on-year decrease of 12.69%, and reported a net profit of -3 million yuan, indicating a shift from profit to loss [10][11]. Group 4: Stock Performance - The stock price of Jing Sheng Co., Ltd. has seen a significant increase of 49.43% year-to-date, closing at 41.79 yuan per share on August 25, 2025, with a total market capitalization of 5.8 billion yuan [2][11].

Core Viewpoint - The company, Jing Sheng Co., Ltd., has announced a temporary suspension of its stock trading due to an ongoing transaction planning phase, which may or may not constitute a significant asset restructuring [4][5]. Group 1: Company Announcement - Jing Sheng Co., Ltd. will suspend its stock trading starting August 26, 2025, for a period not exceeding 10 trading days [4]. - The transaction under consideration involves the acquisition of Beijing Wei Zhun, established on February 27, 2014, with a focus on technology development and sales of various equipment [5]. - The valuation of Beijing Wei Zhun has not been finalized, and it is currently unclear whether the transaction will be classified as a significant asset restructuring or a related party transaction [5]. Group 2: Business Performance - Jing Sheng Co., Ltd. specializes in semiconductor equipment, particularly in the research, production, and sales of crystal growth equipment [5]. - The company has reported a significant growth in its semiconductor-grade silicon business compared to the previous year, driven by new orders and technological advancements [6]. - The company is now capable of providing complete solutions for 19nm high-end polished wafers, indicating a strong market position and high profit margins [6]. Group 3: Financial Overview - As of August 25, 2025, Jing Sheng Co., Ltd.'s stock price increased by 2.35%, closing at 41.79 CNY per share, with a total market capitalization of 5.782 billion CNY [8].

关于筹划发行股份及支付现金购买资产 8月25日晚，半导体专用设备供应商晶升股份（688478）发布公告称，公司正筹划以发行股份及支付现 金的方式购买北京为准智能科技股份有限公司（简称"北京为准"）的控股权，同时拟募集配套资金。 证券代码:688478 南京晶升装备股份有限公司 并募集配套资金事项的停牌的公告 重要内容提示; 南京晶升装备股份有限公司(以下简称"公司")正在筹划以发行股份及支付 现金的方式购买北京为准智能科技股份有限公司(以下简称"北京为准"或"标 的公司")的控股权,同时拟募集配套资金(以下简称"本次交易")。 本次交易尚处于筹划阶段,截至本公告披露日,北京为准的估值尚未最终确 定。根据《上市公司重大资产重组管理办法》《上海证券交易所科创板股票上市规 则》等相关规定,尚无法确定本次交易是否构成重大资产重组。此外,因标的公 司审计评估、交易金额、发行股份及支付现金比例等内容暂未确定,尚无法确定 本次交易是否构成关联交易。对于本次交易是否构成重大资产重组及关联交易的 具体认定,公司将在重组预案或重组报告书中予以详细分析和披露。本次交易不 会导致公司实际控制人发生变更,不构成重组上市。 来源：公司公 ...

Mergers and Acquisitions - Jing Sheng Co., Ltd. is planning to acquire a controlling stake in Beijing Weizhun Intelligent Technology Co., Ltd. through a combination of issuing shares and cash payment, while also raising supporting funds. The company's stock will be suspended from trading starting August 26, 2025, for up to 10 trading days due to uncertainties surrounding the transaction [1] - Tiankang Biological announced a framework agreement to acquire 51% of Qiangdu Livestock through cash payment, aiming for control over the company, which specializes in pig farming and sales using a "self-breeding and self-raising" model [2] - Lianchuang Electronics plans to repurchase 33.33% of Hefei Zhixing Optoelectronics for a total price of 107 million yuan, which will result in Lianchuang holding 100% of the equity after the transaction [3] Financial Performance - Jianghuai Automobile reported a net loss of 773 million yuan for the first half of 2025, with revenue of 19.36 billion yuan, a year-on-year decrease of 9.10% [4] - Shutaishen reported a net loss of 24.64 million yuan for the first half of 2025, with revenue of 126 million yuan, down 31.14% year-on-year [5] - Baogang Co., Ltd. achieved a net profit of 151 million yuan in the first half of 2025, a year-on-year increase of 39.99%, despite a revenue decline of 11.02% to 31.33 billion yuan [6] - Sunshine Power reported a net profit of 7.735 billion yuan for the first half of 2025, a year-on-year increase of 55.97%, with revenue of 43.533 billion yuan, up 40.34% [7] Investment Activities - Asia Pacific Technology plans to invest 210 million yuan in a technology renovation project for automotive lightweight aluminum material production, which will enable an annual production capacity of 30,000 tons [8] - Huazhijie intends to invest 10 million yuan in a venture capital fund focused on embodied intelligence and related industries, as a limited partner [9] Shareholding Changes - Doctor's Eye plans to reduce its shareholding by up to 0.43%, equivalent to 970,000 shares, due to personal funding needs, with the reduction period set from August 29 to November 28, 2025 [10] - Hengsheng Electronics' director plans to reduce his holdings by up to 8 million shares, representing 0.42% of the total share capital, due to personal funding needs [11] Regulatory Matters - Huida Technology's president is under investigation by the China Securities Regulatory Commission for suspected insider trading, which is unrelated to the company's daily operations and will not affect its business activities [12]