（文章来源：第一财经） Wind数据显示，9月1日，镇洋发展、芯原股份、申科股份等13只个股停牌。 | 股票简称 | 停牌类型 | 停牌原因 | | --- | --- | --- | | 镇洋发展 | 停牌一天 | 拟筹划重大资产重组 | | 芯原股份 | 停牌- 一天 | 拟筹划重大资产重组 | | 申科股份 | 停牌- 一天 | 重大事项 | | 晶升股份 | 停牌一天 | 重要公告 | | 旷达科技 | 今起停摆 | 重大事项 | | 中本国际 | 今起停牌 | 拟筹划重大资产重组 | | 中环海陆 | 停牌一天 | 車大事项 | | 中国重工 | 停牌- 天 | 重要公告 | | 东芯股份 | 停牌一天 | 重要事项未公告 | | 东珠生态 | 停牌一天 | 拟筹划重大资产重组 | | *ST紫天 | 停牌- 天 | 重大事项 | | *ST广道 | 停牌- 一天 | 股票交易异常波动 | | *ST天茂 | 停牌一天 | 重大事项 | ...

Group 1 - The core point of the article is that Shenke Co., Ltd. announced a comprehensive tender offer from Shenzhen Huili Hongsheng Industrial Holdings for all shareholders at a price of 16.13 yuan per share, covering 86.5875 million shares, which represents 57.73% of the company's total equity [1] - The tender offer period is set from July 29, 2025, to August 27, 2025 [1] - As of August 27, 2025, the tender offer period will expire, and the company's stock will be suspended from trading starting August 28, with the resumption date pending the announcement of the tender offer results [1]

Group 1 - The core viewpoint of the article highlights the disappointing financial performance of Shenkai Co., Ltd. for the first half of 2025, with significant declines in revenue and net profit compared to the previous year [1] - The total operating revenue for the first half of 2025 was 140 million yuan, a decrease of 13.55% year-on-year, while the net profit attributable to shareholders was 3.29 million yuan, down 50.41% year-on-year [1] - In Q2 2025, the operating revenue was 69.12 million yuan, reflecting a 25.31% decline year-on-year, and the net profit attributable to shareholders was 2.43 million yuan, a decrease of 58.74% year-on-year [1] Group 2 - The company reported a gross profit margin of 25.11%, an increase of 11.95% year-on-year, but the net profit margin fell to 2.35%, down 42.64% year-on-year [1] - Total expenses (selling, administrative, and financial) amounted to 21.64 million yuan, accounting for 15.45% of revenue, which is an increase of 25.73% year-on-year [1] - The company's accounts receivable were notably high, with accounts receivable to net profit ratio reaching 2753.25% [1][3] Group 3 - The company's return on invested capital (ROIC) was 1.89% last year, indicating weak capital returns, with a historical median ROIC of -2.45% over the past decade [3] - The company has experienced a cyclical performance, with a net profit margin of 2.12% last year, suggesting low added value in its products or services [3] - The cash flow situation is concerning, with cash and cash equivalents to current liabilities at only 14.93%, and the average operating cash flow to current liabilities over the past three years at 11.15% [3]

Key Points - Honghe Technology reported a net profit growth of 10,587.74% year-on-year for the first half of 2025, with revenue reaching approximately 550.37 million yuan, a 35% increase [2] - Debang Lighting plans to acquire control of Jiali Co., expecting this to constitute a major asset restructuring, enhancing its operational scale and core competitiveness [3] - Zhongtai Co. anticipates a net profit increase of 71.36% to 87.19% year-on-year for the first three quarters of 2025, driven by a rise in overseas revenue [4] Financial Performance - Yara International reported a revenue of 2.52 billion yuan for the first half of 2025, up 48.54%, with a net profit of 855 million yuan, reflecting a 216.64% increase [6] - Lier Chemical achieved a revenue of 4.51 billion yuan, a 35.36% increase, with a net profit of 271 million yuan, up 191.21% [6] - Shandong Gold reported a revenue of approximately 56.77 billion yuan, a 24.01% increase, with a net profit of about 2.81 billion yuan, reflecting a 102.98% growth [7] - Dameng Data's revenue reached approximately 523 million yuan, a 48.65% increase, with a net profit of about 205 million yuan, up 98.36% [7] - Xinqi Eye Medicine reported a revenue of approximately 1.16 billion yuan, a 30.38% increase, with a net profit of about 335 million yuan, reflecting a 97.75% growth [8] Major Transactions and Restructuring - Yongji Co. plans to acquire Nanjing Tena Fei Electronic Technology Co. but has decided to terminate the restructuring due to unfavorable conditions [11] - Beijing Keri intends to repurchase shares for future employee stock ownership plans, with a budget of 50 million to 100 million yuan [13] - China Aluminum plans to invest 300 million yuan in a joint venture focused on rare metals, enhancing its competitive edge in the industry [15]

Group 1 - The core point of the article is that Shenke Co., Ltd. announced the expiration of the tender offer from Shenzhen Huili Hongsheng Industrial Holdings (Limited Partnership) as of August 27 [1] - The company’s stock will be suspended from trading starting from the morning of August 28 until the announcement of the tender offer results [1] - The results of the tender offer need further confirmation before the company resumes trading [1]

截至 2025 年 8 月 27 日，本次要约收购期限届满。鉴于本次要约收购结果需 进一步确认，根据《深圳证券交易所股票上市规则》《深圳证券交易所上市公司 自律监管指引第 6 号—停复牌》等有关规定，经公司向深圳证券交易所申请，公 司股票（股票简称：申科股份，股票代码：002633）自 2025 年 8 月 28 日（星期 四）上午开市起停牌，并将在要约收购结果公告日开市起复牌。 公司将密切关注本次要约收购相关事项的进展情况，并将根据有关规定及时 履行信息披露义务。公司指定的信息披露媒体为《证券时报》《证券日报》《上 海证券报》及巨潮资讯网（www.cninfo.com.cn），有关信息均以在上述指定媒 体刊登的信息为准，请广大投资者理性决策，注意投资风险。 证券代码：002633 证券简称：申科股份 公告编号：2025-038 申科滑动轴承股份有限公司 关于深圳汇理鸿晟产业控股企业（有限合伙） 要约期满暨股票停牌公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 申科滑动轴承股份有限公司（以下简称"公司"或"申科股份"）于 2025 年 7 月 28 日在 ...

格隆汇8月27日｜申科股份(002633.SZ)公告称，深圳汇理鸿晟产业控股企业(有限合伙)要约收购期限于 2025年8月27日届满，公司股票自2025年8月28日上午开市起停牌，将在要约收购结果公告日开市起复 牌。 ...

Core Points - Shenke Co., Ltd. announced a comprehensive tender offer price of 16.13 yuan per share from Shenzhen Huili Hongsheng Industrial Holdings (Limited Partnership) [1] - The number of shares subject to the tender offer is 86.5875 million, accounting for 57.73% of the company's total share capital [1] - The tender offer period is set from July 29, 2025, to August 27, 2025, with the company's stock expected to be suspended from trading on August 28, 2025, pending the announcement of the tender offer results [1]

Core Points - Shenzhen Huili Hongsheng Industrial Holdings (Limited Partnership) has made a comprehensive tender offer to all shareholders, excluding itself, at a price of 16.13 CNY per share [1] - The number of shares being offered in the tender is 86.5875 million, which represents 57.73% of the company's total share capital [1] - The tender offer period is set from July 29, 2025, to August 27, 2025 [1] - Following the expiration of the tender offer on August 27, 2025, the company's stock will be suspended from trading starting August 28, 2025, with the resumption date pending the announcement of the tender offer results [1]

New Stock Offerings - Shenke Co., Ltd. (002633) has an offer period from July 29, 2025, to August 27, 2025[1] - Fushun Special Steel (600399) has an offer period from August 12, 2025, to September 10, 2025[1] - ST Gaohong (000851) has an announcement on August 26, 2025[1] Market Volatility - Great Wall Military Industry (601606) reported severe abnormal fluctuations on August 14, 2025[1] - Dongxin Co., Ltd. (688110) had an announcement on August 16, 2025, regarding market conditions[1] - Changfei Optical Fiber (601869) has an announcement dated August 27, 2025, related to market performance[1] Company Announcements - ST Dehao (002005) has an announcement on August 27, 2025, regarding its market status[1] - China Satellite (600118) announced updates on August 27, 2025[1] - ST Yizhong (603389) has an announcement dated August 26, 2025, regarding its market activities[1]