Core Viewpoint - *ST Yushun is undergoing a significant asset acquisition of 3.35 billion yuan to purchase 100% equity of Zhong'en Cloud Data Center assets, while simultaneously making a strategic investment of 300 million yuan in Bingji Technology, an AI computing service provider, raising questions about potential competition and future integration of assets [1][7]. Group 1: Investment and Acquisition Details - *ST Yushun plans to pay 3.35 billion yuan in cash to acquire Zhong'en Cloud Data Center assets, which will expand its business into the data center sector [7]. - The acquisition is part of a broader strategy to reverse the company's declining performance, as it has reported losses for five consecutive years [9]. - The revenue projections for the acquired companies are significantly higher than *ST Yushun's current performance, with expected revenues of 735 million yuan, 815 million yuan, and 218 million yuan for 2023, 2024, and Q1 2025 respectively [8]. Group 2: Strategic Investment in Bingji Technology - Shanghai Fengwang, the controlling shareholder of *ST Yushun, has signed a strategic investment framework agreement to inject 300 million yuan into Bingji Technology, which specializes in AI computing services [1][2]. - Bingji Technology is recognized as one of the largest AI computing service providers in Southwest China, operating a computing cluster of no less than 20,000 P and planning to expand to 50,000 P [2]. - The investment in Bingji Technology raises questions about potential competition with the data center business of Zhong'en Cloud, but the chairman of *ST Yushun asserts that the two businesses serve different customer needs [4][5]. Group 3: Future Prospects and Market Reactions - The chairman of *ST Yushun indicated that while the current investment is made by Shanghai Fengwang, there is a possibility that Bingji Technology could be integrated into *ST Yushun in the future [6]. - The market is closely watching the upcoming shareholder meeting on September 29, where the acquisition of Zhong'en Cloud will be reviewed [9].

Core Viewpoint - The stock prices of non-WiTech Materials and *ST Yushun have surged significantly this year, with *ST Yushun's stock price increasing nearly tenfold since the beginning of the year, driven by strategic acquisitions and market speculation [2][10]. Group 1: Company Developments - *ST Yushun's major shareholder, Shanghai Fengwang, signed a strategic investment framework agreement with existing shareholders of Binge Technology, committing to an investment of 300 million yuan, expected to be completed within 30 days [2][4]. - The chairman of *ST Yushun, Ji Min, indicated that the major asset restructuring is close to completion but still requires shareholder approval and other processes before further acquisitions can be initiated [2][4]. - Binge Technology, established in 2020, is recognized as the largest AI computing power service provider in Southwest China, with a registered capital of 147 million yuan and operational capabilities involving nearly 30,000 computing power cards [5][6]. Group 2: Market Reactions and Speculations - The market reacted positively to the news of the investment in Binge Technology, leading to consecutive stock price increases for *ST Yushun, despite the ongoing restructuring process [2][8]. - Analysts suggest that the acquisition could indicate either the high quality of Binge Technology's assets or potential speculative motives from the major shareholder [4][8]. - The stock price of *ST Yushun has been subject to significant speculation, with over ten announcements regarding abnormal stock price fluctuations since the announcement of the major asset restructuring [9]. Group 3: Industry Context - The A-share market is experiencing unprecedented enthusiasm for mergers and acquisitions, supported by favorable policies, with over 40 completed mergers in the computing power data sector from 2022 to 2024 [4][9]. - The computing power industry is seen as a critical infrastructure for the smart era, with increasing demand for high-performance chips and a push from government policies to develop a systematic and high-quality computing power network [8][9].

Group 1 - The stock prices of non-listed companies, such as Non-Wai New Materials and *ST Yushun, have surged significantly this year, with *ST Yushun's stock price increasing over 12 times following its asset acquisition announcement [2] - On September 14, 2023, Bianji Technology announced a strategic investment framework agreement with Shanghai Fengwang, the major shareholder of *ST Yushun, for a capital increase of 300 million yuan, which is expected to be completed within 30 days [2][3] - The chairman of *ST Yushun, Ji Min, stated that the major asset restructuring is nearly complete but still requires shareholder approval and other processes before any new acquisitions can be initiated [2][3] Group 2 - Industry insiders suggest that the enthusiasm for mergers and acquisitions in the A-share market is unprecedented, with Shanghai Fengwang's eagerness to acquire assets despite the ongoing restructuring of *ST Yushun [3] - Ji Min emphasized that Bianji Technology is a high-quality asset that aligns with Shanghai Fengwang's investment strategy, which prompted the swift decision to invest [4] - Bianji Technology, established in 2020, is a leading AI computing power service provider in Southwest China, operating nearly 30,000 computing power cards and securing access to high-end chips, including those from Nvidia [4][5] Group 3 - Bianji Technology has formed joint laboratories with top universities and has been recognized in the Ministry of Industry and Information Technology's computing power foundation list, indicating its strong market position [5] - The investment in Bianji Technology is driven by its expected profitability, although specific financial details were not disclosed [5] - Ji Min clarified that the business of Bianji Technology does not compete with *ST Yushun's existing operations, as they focus on different aspects of the data center industry [6]

Group 1 - The Shanghai Stock Exchange (SSE) took self-regulatory measures against 274 cases of abnormal trading behaviors from September 15 to September 19, 2025, focusing on stocks like Tianpu Co. and Shoukai Co. for significant price fluctuations [1] - The Shenzhen Stock Exchange (SZSE) reported 287 cases of abnormal trading behaviors during the same period, with a focus on "*ST Yushun" and six major company events under investigation [1] - Tianpu Co. experienced a continuous "limit-up" for 13 trading days, with a total increase of 245.20% from August 22 to September 19, despite multiple trading suspensions and risk warnings [1] Group 2 - Shoukai Co. saw a significant drop at the end of trading on September 19, closing at a limit down with a trading volume of 34.97 billion yuan, marking a ten-year high, while its cumulative increase reached 175% [2] - From September 3 to September 19, Shoukai Co. achieved 11 limit-up days out of 12 trading days, with a maximum cumulative increase of 205.68% [2] - "*ST Yushun" recorded four consecutive limit-up days from September 15 to September 19, following a previous suspension due to 22 limit-up days in 25 days [2]

每经AI快讯，据深交所官微9月19日消息，深交所本周共对287起证券异常交易行为采取了自律监管措 施和风险提示，涉及盘中拉抬打压、虚假申报等异常交易情形；继续对近期交易异常波动的"*ST宇顺 （002289）"进行重点监控；共对6起上市公司重大事项进行核查，并上报证监会1起涉嫌违法违规案件 线索。 ...

Core Viewpoint - The major asset restructuring of *ST Yushun (002289) is nearing completion with a significant acquisition of a data center, while its major shareholder, Shanghai Fengwang, has initiated a new investment in Bingji Technology, raising questions about potential asset injection and competition between the two companies [1][2] Group 1: Investment and Acquisition - Shanghai Fengwang has signed a strategic investment framework agreement to inject 300 million yuan into Bingji Technology, expected to be completed within a 30-day exclusivity period [1] - The acquisition of Zhong'en Cloud by *ST Yushun is close to completion but still requires approval from the shareholders' meeting and other processes [2] Group 2: Business Operations and Competition - Bingji Technology, established in July 2020, is a leading AI computing power service provider with a current capacity of no less than 20,000P and plans to expand to at least 50,000P [1] - The major shareholder believes that the investment in Bingji Technology will not lead to competition with *ST Yushun, as their business operations are fundamentally different; Zhong'en Cloud focuses on data center operations while Bingji Technology specializes in intelligent computing centers for AI training and inference [2]

Group 1: New Stock Issuances - Cash option declaration period for *ST Tianmao (000627) is from September 15 to September 19, 2025[1] - *ST Zitian (300280) has 11 trading days remaining until the last trading day during the delisting arrangement period[1] - *ST Dongtong (300379) has reported severe abnormal fluctuations in stock price[1] Group 2: Market Alerts - Jiushi Media (601929) has experienced significant abnormal fluctuations in stock price[1] - Xian Dao Intelligent (300450) has reported severe abnormal fluctuations in stock price[1] - Hangke Technology (688006) has issued a notice regarding stock performance[1] Group 3: Trading Notifications - Shanghai Construction (600170) has issued a trading notification on September 18, 2025[1] - Junsheng Electronics (600699) has issued a trading notification on September 18, 2025[1] - ST Changyuan (600525) has issued a trading notification on September 18, 2025[1]

近日该股表现 | 日期 | 当日涨跌幅（%） | 换手率（%） | 主力资金净流入（万元） | | --- | --- | --- | --- | | 2025.09.17 | 5.00 | 1.00 | -224.38 | | 2025.09.16 | 5.01 | 1.72 | -1128.14 | | 2025.09.15 | 5.01 | 0.64 | 83.96 | | 2025.09.12 | 4.00 | 1.37 | 1278.81 | | 2025.09.11 | -4.98 | 1.72 | -1637.92 | | 2025.09.10 | 5.00 | 1.09 | 58.01 | | 2025.09.09 | 5.02 | 1.25 | -251.02 | | 2025.09.08 | 5.01 | 0.39 | 940.98 | | 2025.09.05 | 0.07 | 0.39 | -19.13 | | 2025.09.04 | -1.07 | 0.46 | -533.59 | 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 （文章来源：证券时报网） *ST宇顺再 ...

New Stock Issuance - Cash option declaration period for *ST Tianmao (000627) is from September 15 to September 19, 2025[1] - *ST Zitian (300280) has 12 trading days remaining until the last trading day during the delisting arrangement period[1] Trading Alerts - *ST Jishi Media (601929) reported severe abnormal fluctuations in stock price[1] - *ST Yushun (002289) and *ST Weier (002058) are under scrutiny due to abnormal trading activities[1] Company Announcements - *ST Gao Hong (000851) and *ST Dongtong (300379) have recent announcements regarding their financial status[1] - Shanghai Construction (600170) and Zhongke Shuguang (603019) have disclosed important updates on their operations[1] Market Trends - The report indicates a trend of increased scrutiny on companies with abnormal trading patterns, reflecting a tightening regulatory environment[2] - The number of companies under cash option declarations and delisting arrangements suggests a potential increase in market volatility[1]

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 9月17日消息，A股"924行情"一周年之际，数据显示，从2024年9月24日至2025年9月16日，3只股票涨 幅超过10倍，37只股票涨幅超过500%，1542只股票涨幅超过100%。其中，上纬新材涨1869.55%位居第 一，胜宏科技涨幅1183.71%位居第二，*ST宇顺涨幅1021.15%位居第三。 | | | A股"924行情"以来牛股排行榜 | | | | | --- | --- | --- | --- | --- | --- | | 46.55 | 育称 | 240924至 | 250916市值 240923市值 | | 申万一级 | | | | 250916张幅% | 亿元 | 17.76 | | | 688585.SH | 上纬新材 | 1.869.55 | 400.30 | 20.53 | 基础化工 | | 300476.SZ | 胜宏科技 | 1.183.71 | 2,993.44 | 234.13 | 电子 | | 002289.SZ | *ST宇顺 | 1.021.15 | 98.03 | 8.74 | 电子 ...