Core Viewpoint - The article discusses the significant stock price fluctuations of Victory Energy (胜通能源) and the upcoming acquisition by Qiteng Robotics (七腾机器人), highlighting the company's operational stability and the potential impact of the acquisition on its future performance [1][4][7]. Group 1: Stock Performance and Trading - Victory Energy's stock experienced a price increase of 213.97% from December 12 to December 29, 2025, leading to a temporary suspension of trading [1][7]. - The company announced that it would resume trading on January 6, 2026, after completing an internal review of the stock price fluctuations [1]. Group 2: Acquisition Details - Qiteng Robotics plans to acquire up to 44.99% of Victory Energy's shares for over 1.6 billion yuan (approximately 16 billion) through a combination of agreement transfer and partial tender offer [7]. - As of the announcement date, Qiteng Robotics has deposited a total of 112 million yuan as a guarantee for the tender offer, with funding sourced from its own and self-raised funds, although the approval for self-raised funds is still pending [4]. Group 3: Company Background and Financials - Victory Energy, established in 2012 and listed on the A-share market in 2022, specializes in LNG procurement, transportation, sales, and crude oil transportation services [7]. - For the first three quarters of 2025, Victory Energy reported a net profit attributable to shareholders of 44.39 million yuan, marking an increase of 83.58% year-on-year [7]. Group 4: Qiteng Robotics Overview - Qiteng Robotics is recognized as a "specialized and innovative" small giant enterprise focused on the research and production of special robots, including explosion-proof chemical inspection robots [7]. - The founder and actual controller of Qiteng Robotics, Zhu Dong, was born in 1989 and established the company while studying at Chongqing University of Posts and Telecommunications [7].

Group 1 - The company, Victory Energy, announced that its stock will resume trading on January 6, 2026, following an application made by the company [1] - The company's main business and fundamentals have not undergone significant changes, and there is no undisclosed major information [1] - The company advises investors to remain rational and not be influenced by overheated market sentiment [1]

公告显示，胜通能源股票价格自2025年12月12日至2025年12月29日期间价格涨幅为213.97%，期间多次 触及股票交易异常波动情形。 胜通能源表示，公司主营业务及基本面未发生重大变化，不存在应披露而未披露的重大信息。公司不涉 及机器人相关业务，公司主营业务仍为液化天然气采购、运输及销售，未发生重大变化，收购方不存在 未来十二个月内的资产重组计划，收购方不存在未来12个月内对上市公司及其子公司的资产和业务进行 出售、合并、与他人合资或合作的计划，或上市公司拟购买或置换资产的重组计划，收购方不存在未来 36个月内通过上市公司借壳上市的计划或安排。 北京商报讯（记者 马换换 王蔓蕾）1月5日晚间，胜通能源（001331）披露公告称，公司就股票交易波 动情况进行了核查。鉴于相关核查工作已完成，公司股票将于1月6日起复牌。 ...

胜通能源公告，截至本公告披露日，收购方七腾机器人已将要约收购保证金合计112444416元存入证券 登记结算机构指定的账户，七腾机器人参与本次收购的资金来源为自有资金及自筹资金，截至目前，自 筹资金的申请仍在审批阶段，是否可以申请成功尚存在不确定性，敬请广大投资者注意投资风险，理性 决策，审慎投资。 ...

人民财讯1月5日电，胜通能源（001331）1月5日公告，鉴于相关核查工作已完成，公司股票将于1月6日 开市起复牌。公司主营业务及基本面未发生重大变化，不存在应披露而未披露的重大信息。公司股票价 格自2025年12月12日至2025年12月29日期间价格涨幅为213.97%，期间多次触及股票交易异常波动情 形，公司股票短期内价格涨幅较大，公司提醒广大投资者注意二级市场交易风险。 ...

证券代码：001331 证券简称：胜通能源 公告编号：2026-002 胜通能源股份有限公司 关于筹划控制权变更的进展公告 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。 重庆智行创系七腾机器人实际控制人朱冬及公司核心高管为收购潜在上市 公司而设立的高管持股平台，其基本情况如下： | 企业名称 | 重庆智行创机器人合伙企业（有限合伙） | | --- | --- | | 统一社会信用代码 | 91500000MAEWJ4D095 | | 类型 | 有限合伙企业 | | 执行事务合伙人 | 朱冬 | | 注册资本 | 10,000 万元 | | 成立日期 | 2025-09-05 | | 营业期限 | 长期 | | --- | --- | | 住所 | 重庆市两江新区大竹林街道金开大道西段 210 号 3 楼 3 号附 | | | 25-09-004472 号（集群注册）（集群注册） | | 经营范围 | 一般项目：特殊作业机器人制造；工业机器人销售；智能机器人 | | | 销售；工业机器人制造；人工智能通用应用系统；人工智能应用 | | | 软件开发；人工智能 ...

证券代码：001331 证券简称：胜通能源 公告编号：2026-001 胜通能源股份有限公司 关于股票交易停牌核查结果暨复牌的公告 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。 重要内容提示： 1.根据《深圳证券交易所上市公司自律监管指引第 6 号——停复牌》等相关 规定，经公司申请，公司股票（证券简称：胜通能源，证券代码：001331）将 于 2026 年 1 月 6 日（星期二）开市起复牌。 2.胜通能源股份有限公司（以下简称"公司""本公司"或"上市公司"） 股票价格自 2025 年 12 月 12 日至 2025 年 12 月 29 日期间价格涨幅为 213.97%， 期间多次触及股票交易异常波动情形，公司股票短期内价格涨幅较大，公司提醒 广大投资者注意二级市场交易风险。 3.公司主营业务及基本面未发生重大变化，不存在应披露而未披露的重大信 息。公司郑重提醒广大投资者，勿受市场情绪过热影响，理性投资。 一、关于公司申请股票交易停牌核查及复牌的情况介绍 公司股票价格自 2025 年 12 月 12 日至 2025 年 12 月 29 日期间价格涨幅为 ...

Core Viewpoint - The recent surge in stock prices of companies in the humanoid robotics sector is driven by strategic acquisitions and market speculation, despite many of these companies facing significant financial challenges and losses. Group 1: Acquisition Activities - Zhiyuan Robotics acquired 63.62% of Shuangwei New Materials for 2.1 billion, leading to a dramatic stock price increase from 7.78 to 132.13 within 15 days, a 15-fold rise [1][3] - Yubiquitous acquired 43% of Fenglong shares for 1.665 billion, resulting in a five consecutive trading limit increase upon resumption [4] - The trend of "shell grabbing" is becoming popular as companies seek to bypass lengthy IPO processes to secure funding quickly [10][12] Group 2: Financial Performance and Market Conditions - Many companies in the humanoid robotics sector are struggling financially, with 10 out of 12 companies pursuing IPOs currently operating at a loss [15] - The average R&D expense ratio for companies like Aifute is 20.64%, significantly higher than the manufacturing industry average of 2.5% [14] - The humanoid robotics market is projected to reach only 6.339 billion by 2025, with sales of 12,400 units, compared to the traditional industrial robotics market valued at 400 billion [17] Group 3: Market Speculation and Risks - The stock prices of companies like Shuangwei New Materials have reached unsustainable levels, with a price-to-earnings ratio soaring to 500, indicating a potential market bubble [15][19] - Investors are cautioned against speculative trading, as the current market dynamics resemble a race against time between capital and industry [23] - The long-term viability of these companies will depend on their ability to reduce production costs and meet industrial demands, rather than short-term stock price increases [25]

Market Overview - A-shares experienced a strong rally in 2025, with the Shanghai Composite Index rising by 18.41%, the Shenzhen Component Index by 29.87%, and the ChiNext Index by nearly 50% [1] - The market showed a broad-based increase, with 4107 out of 5176 stocks having positive returns, and 1382 stocks rising over 50%, indicating significant profit-making opportunities [1] - A total of 523 stocks doubled in value this year, a sixfold increase from last year's 90, representing 10% of all A-shares [1] Top Performing Stocks - The top-performing stock, Upwind New Materials, saw its price surge by over 1820%, reaching 127.37 CNY per share, driven by the humanoid robot trend and acquisition news [4] - Other notable stocks include Tianpu Co., which increased by 1645.35%, and Victory Energy, which rose by 488.86% [5] - The majority of doubling stocks were in the machinery, electronics, and power equipment sectors, with Upwind New Materials and Tianpu Co. being the only two stocks to achieve over 16 times their original value [1][5] Underperforming Stocks - The worst-performing stock, Shijin Technology, fell by 50.99% due to challenges in the photovoltaic sector, leading to significant financial losses [2][9] - Other stocks that experienced declines of over 40% include Kang Le Wei Shi, Longda Meishi, and Zhongbai Group [10] Industry Insights - The TMT (Technology, Media, and Telecommunications) sector had six companies among the top 20 performers, with a positive outlook on storage chip prices driven by AI demand [5] - The consumer sector showed signs of structural change, with emerging trends in emotional consumption and value-driven purchasing [11][12] - The new consumption direction is expected to focus on health, practicality, and emotional engagement, with significant policy support anticipated to boost consumer confidence [12]

Core Viewpoint - Qiteng Robotics aims to acquire controlling interest in Shengtong Energy through a combination of "agreement transfer + partial tender offer" [1][23] - Concerns arise regarding Qiteng Robotics' financial strength and the potential instability of the controlling interest due to the involvement of private equity firms [1][11] - Shengtong Energy has been confirmed by regulators to have inaccurate financial data, raising questions about the impact on the transaction [1][14] Group 1 - Shengtong Energy's stock price surged 213.97% from December 12 to December 29, leading to a suspension for investigation due to abnormal trading [3][25] - The original controlling shareholder of Shengtong Energy plans to transfer 29.99% of shares to Qiteng Robotics at a price of 13.28 yuan per share, while also making a partial tender offer for an additional 15% of shares [4][26] - The total funding required for the acquisition is approximately 1.72 billion yuan, with Qiteng Robotics needing to secure this capital [6][28] Group 2 - Qiteng Robotics has a total asset scale of 1.55 billion yuan, with a net asset of only 513 million yuan, raising concerns about its ability to finance the acquisition [7][32] - The acquisition structure involves private equity firms contributing 40% of the funding, while Qiteng Robotics covers 60% [9][29] - The private equity firm Shanghai Chengyi has seen a significant reduction in its management scale, which may affect the stability of the controlling interest [11][32] Group 3 - Shengtong Energy has received regulatory measures due to violations in revenue recognition, which could lead to further scrutiny and impact the acquisition [14][35] - The company must submit a written rectification report to the regulatory authority within 30 days following the administrative measures [18][38] - The potential adjustments to Shengtong Energy's financial data remain uncertain, which could affect the acquisition's viability [19][39]