Core Viewpoint - The announcement details a partial tender offer by Shanghai Zhiyuan Hengyue Technology Partnership (Limited Partnership) to acquire shares of Shangwei New Materials Technology Co., Ltd., aiming to enhance control over the company and recognize its long-term value in the A-share market [2][9]. Group 1: Tender Offer Details - The acquirer, Zhiyuan Hengyue, plans to purchase 149,243,840 shares, representing 37.00% of the total share capital of Shangwei New Materials, at a price of RMB 7.78 per share [4][21]. - The tender offer period is set from September 29, 2025, to October 28, 2025, lasting for 30 calendar days [18][26]. - If the number of shares tendered is less than or equal to the planned acquisition amount, the acquirer will purchase all tendered shares; if more, the purchase will be on a pro-rata basis [4][11]. Group 2: Share Transfer Agreements - On July 8, 2025, several share transfer agreements were signed, resulting in Zhiyuan Hengyue and its affiliates acquiring 29.99% of Shangwei New Materials' shares prior to the tender offer [3][25]. - SWANCOR Samoa has committed to irrevocably tender 135,643,860 shares, accounting for 33.63% of the total shares, as part of the tender offer [5][12]. Group 3: Financial Aspects - The total maximum funding required for the tender offer is RMB 1,161,117,075.20, with 20% of this amount already deposited as a performance guarantee [17][21]. - The tender offer price of RMB 7.78 per share is consistent with the price paid in previous share transfer agreements, ensuring compliance with regulatory pricing requirements [14][16]. Group 4: Strategic Intent - The acquirer aims to strengthen its control over Shangwei New Materials and enhance the company's sustainable development, particularly benefiting minority shareholders [9][10]. - The tender offer is not intended to terminate the listing status of Shangwei New Materials, and the acquirer will work with other shareholders to address any potential issues with share distribution post-acquisition [7][10].

Core Viewpoint - Shanghai Zhiyuan Hengyue Technology Partnership plans to acquire 37% of the shares of Upwind New Materials at a price of 7.78 yuan per share, with a total funding requirement of 1.161 billion yuan [2][3] Group 1: Acquisition Details - The acquisition offer period is set from September 29 to October 28, lasting a total of 30 calendar days [2] - Zhiyuan Hengyue recognizes the long-term value of Upwind New Materials and aims to enhance control over the company through this acquisition [2] - The closing price of Upwind New Materials on September 24 was 110.08 yuan per share, which is 14 times the acquisition price [2] Group 2: Share Transfer and Control Changes - The share transfer was completed on September 22, 2025, involving 121 million shares, accounting for 29.99% of the total shares [2][3] - Following the transfer, Zhiyuan Hengyue and Zhiyuan New Venture will collectively hold 29.99% of the shares and corresponding voting rights, with Zhiyuan Hengyue becoming the controlling shareholder [3] - The actual controller of Upwind New Materials will be Deng Taihua, with no asset restructuring plans for the next 12 months [3] Group 3: Market Impact - The acquisition marks the first acquisition case of a physical intelligence enterprise on the Sci-Tech Innovation Board, significantly boosting Upwind New Materials' stock price [3] - From July 9 to July 30, 2025, Upwind New Materials' stock surged by 1083%, increasing its market capitalization from approximately 3 billion yuan to 37.1 billion yuan [3]

9月24日晚间，上纬新材(688585)公告称，上海智元恒岳科技合伙企业(简称"智元恒岳")计划要约收购公 司37%的股份，要约收购价格为7.78元/股，预计所需最高资金总额为11.61亿元。此次要约收购期限共 计30个自然日，即9月29日至10月28日。 公告指出，上海智元恒岳科技合伙企业认同上纬新材长期价值和A股资本市场对科技创新和产业创新的 服务能力，拟通过此次要约收购进一步增强对公司的控制权。 资料显示，智元恒岳是由智元机器人关联公司上海智元新创技术有限公司及其核心团队共同出资设立的 持股平台。9月24日收盘，上纬新材涨停，报110.08元/股，为此次要约收购价的14倍。 就在一日前的9月23日晚间，上纬新材公告宣布股份转让完成过户登记，控股股东变更为智元恒岳与邓 泰华。 该公告称，上纬新材于2025年9月23日收到股东SWANCOR萨摩亚、STRATEGIC萨摩亚及金风投控的通 知，获悉其协议转让公司股份事宜已完成过户登记手续。此次股份转让涉及1.21亿股，占公司股份总数 的29.99%，过户日期为2025年9月22日。 转让完成后，智元恒岳和致远新创合伙合计将拥有上市公司29.99%的股份及该等股 ...

智元机器人对上纬新材的控股分"三步走"：第一步，出资持股。7月8日，上纬新材原股东SWANCOR萨 摩亚、STRATEGIC萨摩亚及金风投控分别与智元机器人相关方合计签署了三份《股份转让协议》， 以"协议转让+要约收购"组合方式获取公司控制权。股份转让后，智元机器人持有上纬新材29.99%股 份。彼时，为确保智元机器人对上纬新材的控制权，上纬新材原控股方放弃全部所持股份的表决权。 本报记者 金婉霞 9月24日晚间，上纬新材料科技股份有限公司（以下简称"上纬新材"）发布公告称，上海智元恒岳科技 合伙企业（有限合伙）（以下简称"智元恒岳"）以7.78元/股的价格要约收购公司股份1.49亿股，占公司 总股本的37.00%，预计所需最高资金总额为11.61亿元。 资料显示，智元恒岳是上海智元新创技术有限公司（即网红人形机器人"智元机器人"的主体公司，以下 简称"智元机器人"）及其核心团队共同出资设立的持股平台。 智元机器人入主上纬新材的消息让上纬新材股价"狂飙"。Wind数据显示，自今年7月8日至今，上纬新 材的股价累计涨幅达1314.91%，成为年内备受瞩目的"十倍股"。9月24日，上纬新材股价再次涨停。 第二步， ...

公司公告显示，本次要约收购期限共计30个自然日，即2025年9月29日至10月28日。智元恒岳已于要约收购报告书摘要公告前将2.32亿元存入中国证券登记 结算有限责任公司上海分公司指定的银行账户，作为本次要约收购的履约保证金。 9月24日晚，上纬新材（688585.SH）发布公告，公司于9月24日收到上海智元恒岳科技合伙企业（简称"智元恒岳"）出具的《上纬新材料科技股份有限公司 要约收购报告书》，智元恒岳计划要约收购上纬新材约1.49亿股，占公司总股份比例的37%；要约收购价格为7.78元/股，预计要约收购所需最高资金总额约 为11.61亿元。 上海智元恒岳科技合伙企业是由智元机器人关联公司上海智元新创技术有限公司及其核心团队共同出资设立的持股平台。 截至今日收盘，上纬新材20CM涨停，报110.08元/股，为此次要约收购价的14倍。今年以来，上纬新材股价累计上涨1560.33%。 上纬新材7月8日公告，智元恒岳和致远新创拟以协议转让方式受让公司股份，以此协议转让为前提，智元恒岳拟通过部分要约收购的方式进一步增持上市公 司的股份，拟要约收购股份数量为1.49亿股（占上市公司总股本的37.00%）。总体计算，智 ...

Core Viewpoint - Zhiyuan Hengyue plans to make a tender offer to acquire 37% of the shares of Shuangwei New Materials at a price of 7.78 yuan per share, with a maximum funding requirement of 1.161 billion yuan, potentially leading to a floating profit exceeding 15.2 billion yuan based on the current market price [2][11][14] Group 1: Acquisition Details - Zhiyuan Hengyue has submitted a tender offer report to Shuangwei New Materials, intending to acquire shares from all shareholders, including its action partner Zhiyuan New Creation [5][10] - The tender offer is for 149 million shares, representing 37% of Shuangwei New Materials' total share capital, with a tender offer period from September 29 to October 28 [7][10] - The acquisition is part of a broader plan, following a previous agreement to acquire 29.99% of shares from SWANCOR Samoa and others at the same price of 7.78 yuan per share [8][10] Group 2: Financial Implications - If the tender offer is successful, Zhiyuan Hengyue and its action partner will collectively hold 66.99% of Shuangwei New Materials [10] - The current market price of Shuangwei New Materials is significantly higher than the tender offer price, with a closing price of 110.08 yuan per share, reflecting a 20% increase and a total market capitalization of 44.4 billion yuan [2][11] - The stock price has surged by 1314.91% from July 9 to September 24, creating a substantial gap between the tender offer price and the market value [12][14]

【导读】智元恒岳拟要约收购上纬新材37%股份， 或浮盈超百亿元 中国基金报记者 闻言 9月24日晚间，上纬新材公告称，公司控股股东上海智元恒岳科技合伙企业（有限合伙）（以下简称智元恒岳）拟要约收购公司37%的股 份，要约收购价格为7.78元/股，预计所需资金最高达11.61亿元。 智元恒岳是智元机器人关联公司上海智元新创技术有限公司及其核心团队出资设立的持股平台。智元恒岳近日正式入主上纬新材，拟通过 要约收购方式，增强对上纬新材的控制权。 问题在于，当前上纬新材的股价远高于要约收购价格。若完成要约收购上纬新材37%的股份，以9月24日收盘价110.08元/股计算，智元恒 岳将浮盈超152亿元。 截至9月24日收盘，上纬新材股价报110.08元/股，涨幅达20%，总市值为444亿元。 智元恒岳发出要约收购计划 实施入主计划第二步 9月24日，上纬新材收到智元恒岳出具的《上纬新材料科技股份有限公司要约收购报告书》，除了智元恒岳及其一致行动人上海致远新创科 技设备合伙企业（有限合伙）（以下简称致远新创），智元恒岳拟向上纬新材其他所有股东发出部分要约。 公告显示，智元恒岳预定收购上纬新材1.49亿股股份，占上纬新材总 ...

Core Viewpoint - The A-share market has experienced a significant turnaround since September 24, 2024, driven by strong policy support, leading to substantial gains across major indices and individual stocks [1][2]. Market Performance - Major A-share indices have shown remarkable growth over the past year, with the Shanghai Composite Index rising from 2770.75 points to 3853.64 points, a cumulative increase of 40.19% [2][3]. - The Shenzhen Component Index increased by 65.23%, while the ChiNext Index surged by 108.14%, reaching a three-year high [2][3]. - Growth indices such as the North Star 50, Sci-Tech 50, and ChiNext have all exceeded 100% in gains, with the North Star 50 showing a remarkable 163.26% increase [2][3]. Individual Stock Performance - Out of 5431 stocks, 5255 have yielded positive returns, representing over 96% of the market, with 1598 stocks doubling in value and 49 stocks increasing by over 500% [6][7]. - Notable high performers include Upwind New Materials with a staggering 2084.68% increase, followed by Haibo Technology and Star Map Control with increases of 1307.85% and 1303%, respectively [7][8]. Sector Performance - All 31 primary industry indices have risen, with the electronics sector leading with a 127.16% increase, driven by strong demand for AI applications and rapid iterations in consumer electronics [9]. - The communication sector followed closely with a 124.06% increase, benefiting from advancements in 5G and computing networks [9]. - Other strong sectors include comprehensive industries and computing, with increases of 108.62% and 86.75%, respectively [9]. Market Capitalization - The total market capitalization of A-shares has surged from 82.04 trillion yuan to 118.65 trillion yuan, marking a 44.62% increase over the year [6][9]. Future Outlook - Analysts suggest that the A-share market is likely to experience a period of oscillation with potential upward movement, driven by increased retail investor participation and stable corporate earnings [10][11]. - The long-term outlook remains positive, with expectations of continued growth in sectors such as technology, high-end manufacturing, and biomedicine [10][11].

Core Viewpoint - Shanghai Zhiyuan Hengyue Technology Partnership plans to acquire 37% of the shares of Shangwei New Materials at a price of 7.78 yuan per share, with a total funding requirement of 1.161 billion yuan [1][4]. Group 1: Acquisition Details - The acquisition offer period is from September 29 to October 28, lasting a total of 30 calendar days [1]. - The acquiring entity, Zhiyuan Hengyue, has deposited 232 million yuan as a performance guarantee for the acquisition [4]. - The acquisition price represents a significant discount compared to the current market price of 110.08 yuan per share, which is 14 times the offer price [4]. Group 2: Shareholder Changes - On September 23, it was announced that the transfer of shares was completed, changing the controlling shareholder to Zhiyuan Hengyue and Deng Taihua [6]. - The share transfer involved 121 million shares, accounting for 29.99% of the total shares, with the transfer date being September 22, 2025 [6]. - After the transfer, Zhiyuan Hengyue and Zhiyuan New Venture Partnership will collectively hold 29.99% of the shares and corresponding voting rights [6]. Group 3: Market Reaction - Following the announcement of Zhiyuan Robot's acquisition of Shangwei New Materials, the stock experienced a significant increase, becoming the first tenfold stock in A-shares for 2025 [7]. - The stock price surged by 1083% over a short period, increasing the market capitalization from approximately 3 billion yuan to 37.1 billion yuan [7].

（原标题：上纬新材龙虎榜数据（9月24日）） 9月24日上纬新材（688585）收盘价110.08元，收盘涨停，全天换手率4.33%，振幅9.75%，成交额18.71亿元。科创板交易公开信息显示，当日该 股因日收盘价涨幅达15%等上榜。 证券时报•数据宝统计显示，上榜的前五大买卖营业部合计成交3.25亿元， 其中，买入成交额为1.82亿元，卖出成交额为1.43亿元，合计净买入 3947.60万元。具体来看，今日上榜营业部中，第一大买入营业部为国泰海通证券股份有限公司上海浦东新区海阳西路证券营业部，买入金额为 6280.00万元，其次是广发证券股份有限公司郑州农业路证券营业部，买入金额3825.62万元。卖出营业部中，卖出金额居首的是申万宏源证券有限 公司上海浦东新区张杨路证券营业部，卖出金额为3777.96万元。 资金流向方面，该股今日全天主力资金净流入1385.45万元。 另据统计，近半年该股累计上榜龙虎榜18次，上榜次日股价平均涨11.39%，上榜后5日平均涨79.23%。（数据宝） 上纬新材9月24日龙虎榜 | 买入营业部名称 | 买入 | | --- | --- | | | 金额(万元) | | 国泰 ...