Group 1 - The company held an earnings briefing on September 19, 2025, via an online platform, with key executives participating [1][2] - The company plans to acquire Mite Aviation as a strategic move to enhance its presence in the precision manufacturing sector for aviation components, while acknowledging the uncertainties associated with the acquisition [3] - Following a significant stock price drop of over 8% on September 16, the company aims to focus on its core business and explore external collaboration opportunities, with a dual business model of "home appliances + military industry" planned for future development [3] Group 2 - The company reported a net profit of 19.19 million yuan for Q1 2025, representing a year-on-year increase of 20.04%, and a net profit of 51.38 million yuan for the first half of 2025, showing a 52.80% year-on-year growth [3] - As of September 10, 2025, the number of shareholders in the company was 8,513 [3] - The target company for acquisition is a supplier to major manufacturers under AVIC, including Chengfei and Shenyang Aircraft, with a diverse client base that includes various research institutes and companies in both military and civilian sectors [3]

Group 1: Acquisition and Business Direction - The acquisition of Mite Aviation is a strategic move to enhance the company's presence in the aerospace precision components manufacturing industry, with a focus on market demand and future development opportunities [1] - The company aims to cultivate new profit growth points through this acquisition, indicating a potential dual business model of "home appliances + military industry" [2] - The target company is a supplier to major manufacturers under AVIC, which includes Chengfei and Shenyang Aircraft [3] Group 2: Financial Performance and Projections - The net profit for Q1 2025 was approximately ¥19.2 million, representing a year-on-year increase of 20.04% [2] - The net profit for the first half of 2025 reached approximately ¥51.4 million, showing a year-on-year growth of 52.80% [2] - The company had 8,513 shareholders as of September 10, 2025 [2] Group 3: Market Reactions and Stability Measures - Following the announcement of the acquisition, the company's stock price fell over 8% on September 16, indicating market skepticism [1] - The board is actively seeking measures to stabilize the stock price and boost investor confidence, alongside the acquisition [1][2] - The company will continue to focus on its core business while exploring external cooperation opportunities [2]

Core Viewpoint - The stock of United Precision experienced a decline of 6.55% with a trading volume of 164 million yuan and a turnover rate of 7.45% on the day, indicating significant selling pressure from institutional investors [2] Trading Performance - The stock's price fluctuation reached 4.50% for the day, and it was listed on the Shenzhen Stock Exchange due to a price deviation of -7.38% [2] - The total trading volume for the top five buying and selling brokerage firms amounted to 50.43 million yuan, with buying transactions at 20.12 million yuan and selling transactions at 30.32 million yuan, resulting in a net selling of 10.20 million yuan [2] Institutional Activity - Institutional investors net sold 4.39 million yuan, with five specialized institutional seats participating in the trading [2] - The specific buying and selling activities of the top brokerage firms included significant net selling from institutional seats, with a total buying amount of 12.48 million yuan and selling amount of 16.87 million yuan, leading to a net selling of 4.39 million yuan [2] Fund Flow - The stock saw a net outflow of 10.64 million yuan in principal funds, with large orders contributing to a net outflow of 0.79 million yuan and a net outflow of 9.85 million yuan from larger funds [2] - Over the past five days, the stock has experienced a total net outflow of 19.03 million yuan [2]

Core Viewpoint - The company, United Precision (001268.SZ), is planning to acquire 51% of Chengdu Mite Aviation Manufacturing Co., Ltd. for a cash consideration, with the target company's overall valuation set at no more than 380 million yuan [1][2]. Group 1: Acquisition Details - The acquisition aims to diversify United Precision's revenue streams, as it currently relies heavily on sales to its largest customer, Midea Group, which accounted for 65.68% of its total sales in 2024 [2]. - Mite Aviation specializes in the research and manufacturing of aerospace standard and structural components, and it reported nearly 177 million yuan in revenue and a net profit of 30.8 million yuan last year [1][3]. - The acquisition agreement includes performance commitments for Mite Aviation, with net profits guaranteed to be no less than 5 million yuan, 18 million yuan, and 33 million yuan for the years 2025 to 2027, respectively [3]. Group 2: Financial Performance and Risks - Mite Aviation's performance has shown significant fluctuations, with an unaudited revenue of 43.6 million yuan and a net loss of 389,540 yuan in the first half of the current year [3]. - The performance commitments set for 2025 and 2026 are notably lower than Mite Aviation's 2024 net profit of 30.8 million yuan, raising concerns about the feasibility of these targets [3]. - United Precision's cash reserves were reported to be over 90 million yuan as of mid-2025, which raises questions about its ability to fund the acquisition, although it has receivables amounting to 426 million yuan that could be quickly liquidated [3].

Group 1 - Jingchen Co., Ltd. plans to acquire 100% equity of Chipmy Microelectronics for a total consideration of 316 million RMB, which will make Chipmy a wholly-owned subsidiary [1] - Kingdee International announced the acquisition of approximately 63% equity of Yunzhijia Network for 68 million RMB, aiming to enhance AI capabilities in enterprise management [2] - Purun Co., Ltd. intends to acquire SHM Holdings through cash payments to various investment funds, details of the transaction are not disclosed [3] Group 2 - Jiayun Technology's wholly-owned subsidiary is acquiring the remaining 40% equity of Beijing Wanhe for 1.14 million RMB [4] - Galaxy Magnetics is planning to issue shares and pay cash to acquire 100% equity of Sichuan Kyoto Longtai Technology, while raising supporting funds [5] - Gansu Lanke High-tech Equipment Co., Ltd. intends to acquire 100% equity of Shanghai Lanya Petrochemical Equipment Testing and 51% equity of China Air Separation Engineering [6] Group 3 - Tianrun Industrial is acquiring 100% equity of Shandong Altai Automotive Parts for 135 million RMB, with the first delivery already completed [7] - ST Quan is in the preliminary planning stage to sell 100% equity of Anhui Quanwei, with a framework agreement signed [8] - Longyang Electronics completed the acquisition of 70% equity of Suzhou Deyou New Materials for cash, constituting a major asset restructuring [9] Group 4 - United Precision Manufacturing plans to acquire 51% equity of Chengdu Mite Aviation Manufacturing for cash, with an intention agreement signed [10] - Shanghai Haili Bio-Technology adjusted the acquisition price of 55% equity of Shaanxi Ruisheng Bio-Technology due to intensified industry competition and tightened tax incentives [11] - Nanjing Shangluo Electronics' wholly-owned subsidiary intends to acquire a total of 88.79% equity of Guangzhou Ligong Technology for 70 million RMB [12] Group 5 - Sanan Optoelectronics received a regulatory letter regarding the acquisition of equity in a globally renowned LED company, focusing on the company's situation and transaction pricing [13] - Longjian Co., Ltd. plans to acquire 100% equity of Guangdong Zhimiao Construction Engineering for 40,000 RMB to expand into new regional markets [14]

Core Viewpoint - The company plans to acquire a 51% stake in Chengdu Mite Aviation Manufacturing Co., Ltd., which will become a subsidiary and included in the consolidated financial statements after the acquisition [1] Group 1: Acquisition Details - The acquisition agreement was signed on September 15, 2025, with the controlling shareholder Qiu Tinggui [1] - Mite Aviation specializes in the R&D and manufacturing of aerospace standard parts and structural components, holding complete military qualifications and full-process capabilities [1] Group 2: Financial Commitments - The target company has committed to achieving audited net profits of no less than 5 million yuan, 18 million yuan, and 33 million yuan for the years 2025, 2026, and 2027, respectively [1] - If the performance commitments are not met, the compensator will make a cash payment to cover the shortfall [1] Group 3: Strategic Benefits - The acquisition is expected to help the company expand into new business areas, cultivate profit growth points, and enhance its participation in the aerospace defense equipment sector [1] - The synergy between the target company's aerospace component R&D and manufacturing capabilities and the company's existing precision processing and management capabilities is anticipated to be significant [1] - Through subsequent resource integration, the company aims to improve overall operational efficiency and core competitiveness [1]

Group 1: Leadership Changes - Jiang Tiefeng resigned as Chairman of China Merchants Shekou due to work relocation, holding 122,000 shares of the company [1] - Zhu Wenkai has been elected as the new Chairman of the Board, effective immediately [1] Group 2: Mergers and Acquisitions - Jilin Morningstar plans to acquire 100% of Chip Micro Semiconductor for a total consideration of RMB 316 million, enhancing its capabilities in cellular and Wi-Fi communication technologies [2] - United Precision intends to acquire 51% of Chengdu Mite Aviation Manufacturing for a valuation not exceeding RMB 380 million [10] - Shangluo Electronics plans to acquire 88.79% of Ligon Technology for RMB 700 million, focusing on IC product distribution [16] Group 3: Financial Performance - Chip Micro Semiconductor reported zero revenue for 2024 and projected revenue of RMB 679,300 for the first half of 2025, with net losses of RMB 900 million and RMB 400 million respectively [3] Group 4: IPO and Financing Activities - Beijing Junzheng submitted an application for H-share listing on the Hong Kong Stock Exchange [4] - Jiangbolong received approval from the China Securities Regulatory Commission for its H-share issuance of up to 84,419,800 shares [5] - Shantui has submitted its H-share issuance application to the CSRC [6] - Yinglian plans to raise up to RMB 1.5 billion through a private placement for various projects [7] - Huichuangda intends to issue convertible bonds to raise up to RMB 650 million for battery-related projects [8] Group 5: Regulatory Compliance - *ST Lingda received a regulatory inquiry regarding insufficient impairment provisions for a project and internal control issues [9] Group 6: Control Changes - Landai Technology announced a change in control, with a significant share transfer and voting rights agreement [12]

Group 1 - The company, United Precision (001268.SZ), announced its intention to acquire a 51% stake in Chengdu Mite Aviation Manufacturing Co., Ltd. to explore new business areas and cultivate profit growth points [1] - Mite Aviation is a high-tech enterprise specializing in the research and manufacturing of aerospace standard parts and structural components, equipped with a complete military qualification system and full-process capabilities [1] - The main products of Mite Aviation include national standards, military standards, and aviation standards parts and structural components [1]

证券代码：001268 证券简称：联合精密 公告编号：2025-039 广东扬山联合精密制造股份有限公司 关于签署股权收购意向协议的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 特别提示： 1、本次签订的《股权收购意向协议》（以下简称"本协议"）系公司与交 易对手方就目标公司股份转让和收购的意愿初步商洽的结果，尚需在审计、评估 基础上进一步洽谈，并履行必要的审批程序，本次交易最终条款以签署正式股权 收购协议为准。因此，本次收购事项尚存在不确定性，敬请广大投资者理性投资， 注意投资风险。 2、本协议涉及的交易事项预计不构成关联交易。经初步测算预估，本次交 易不构成《上市公司重大资产重组管理办法》规定的重大资产重组。公司将根据 交易事项后续进展情况，按照相关规定及时履行相应的决策程序和信息披露义务。 3、本次交易尚存在重大不确定性。在协议履行过程中，可能存在因政策调 整或市场环境变化以及公司自身基于后续尽职调查与洽商过程中的实际情况判 断，而使投资决策方案变更或推进进度未达预期的风险。 一、协议签署情况 广东扬山联合精密制造股份有限公司（以下简称"公司"）于 2 ...

证券代码：001268 证券简称：联合精密 公告编号：2025-038 广东扬山联合精密制造股份有限公司 第三届董事会第七次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 广东扬山联合精密制造股份有限公司（以下简称"公司"）第三届董事会第 七次会议通知于 2025 年 9 月 12 日以书面或邮件、微信、电话的方式送达，会议 于 2025 年 9 月 15 日下午 14 时在公司会议室以现场结合通讯方式召开。本次会 议应出席董事 7 名，实际出席董事 7 名。会议由董事长何桂景先生召集并主持， 公司高级管理人员列席了会议。本次会议的召开和表决程序符合《中华人民共和 国公司法》等法律、法规、规范性文件及《广东扬山联合精密制造股份有限公司 章程》（以下简称"《公司章程》"）的有关规定，会议合法有效。 二、董事会会议审议情况 经与会董事认真审议本次会议议案并表决，会议形成了如下决议： 审议通过《关于签署股权收购意向协议的议案》 根据公司发展战略及整体经营目标，为了开拓新的业务领域及培育利润增长 点，经公司管理层认真研究、多方考察 ...