Group 1 - The company, Yuanli Co., plans to acquire control of Fujian Tongsheng New Materials Technology Co., which specializes in the research, production, and sales of silica [1] - The acquisition aims to enhance business synergy and complement strengths between the two companies, facilitating a strategic layout in the silica sector and creating new growth points for performance [1] - The company's stock will resume trading on July 25, 2025, following the announcement of the acquisition [1]

Summary of Key Points Core Insights - The report highlights significant stock suspensions for various companies due to major asset restructuring and control changes, indicating potential volatility in the market [2][3][4]. Company-Specific Summaries - **Invesco Great Wall S&P Consumer Select ETF (QDII)**: The ETF will be suspended from trading on July 24, 2025, until 10:30 AM to protect investor interests [2]. - **Hui Green Ecology (001267)**: The stock is suspended due to planning for a major asset restructuring, effective from July 22, 2025 [2]. - **Jiangte Electric (002176)**: The stock is suspended due to a planned change in company control, effective from July 22, 2025 [2]. - **Zhonglin Group SCP Bonds (multiple series)**: Various SCP bonds from Zhonglin Group will be suspended starting November 21, 2023, indicating ongoing financial adjustments [2][3][4]. Industry Insights - The report indicates a trend of companies undergoing significant restructuring, which may lead to increased market volatility and investment risks in the affected sectors [2][3][4].

Group 1: M&A Activity Overview - From July 14 to July 20, there were 77 M&A events involving listed companies, with 27 classified as significant M&A transactions[9] - Out of the total M&A events, 12 were completed, including 1 significant M&A transaction involving Baota Industrial[9] - There were 3 failed M&A attempts by listed companies, specifically by Lixing Co., Hongming Co., and Zhongji Health[15] Group 2: Policy Updates - On July 18, Tianjin's financial authorities released measures to support M&A, focusing on 12 key industrial chains and establishing a resource pool for quality M&A targets[7] - The Shanghai G60 Science and Technology Innovation Group held a summit on July 16 to discuss M&A and overseas expansion in the context of innovation and industry leadership[7] Group 3: Market Performance - During the week of July 14 to July 20, the restructuring index outperformed the Wind All A index by 0.27%[19] - Over a mid-term view, the restructuring index's rolling 20-day return shifted from negative to positive compared to the Wind All A index[19] Group 4: Control Changes - Two listed companies reported changes in actual control during this period, with Shenjian Co. and Hualan Group undergoing ownership transitions[17]

Group 1: Acquisition Overview - Sinochem Equipment plans to issue shares to acquire 100% equity of Yiyang Rubber Machine and 100% equity of Beihua Machine, enhancing its core assets in rubber and chemical machinery[3] - The transaction represents an internal industry chain integration among key enterprises under China National Chemical Corporation[3] - The acquisition aims to create a more complete industrial chain loop by supplementing core assets in two major sectors[3] Group 2: Other Notable Acquisitions - Yuanli Co. intends to acquire control of Tongsheng Co. through a combination of share issuance and cash payment, with specific acquisition ratios to be determined in the formal agreement[3] - ST Weier plans to acquire 51% equity of Zijiang New Materials for a total transaction value of approximately 54.586 million yuan, focusing on energy storage and 3C digital products[3] - Fuda Alloy aims to acquire at least 51% equity of Guangda Electronics, a company specializing in electronic slurry products for solar photovoltaic and electronic components[3] Group 3: Market Trends and Implications - The acquisitions reflect a trend of consolidation within the chemical and machinery sectors, indicating a strategic move towards vertical integration and enhanced market positioning[3] - The reported market share of the target companies, such as Zijiang New Materials with a 22.2% market share in aluminum-plastic film sales, highlights their competitive advantage in the industry[3] - The ongoing mergers and acquisitions activity suggests a robust interest in expanding capabilities and market reach among Chinese enterprises[3]

Core Viewpoint - Company is planning to acquire control of Fujian Tongsheng New Materials Technology Co., Ltd. and has suspended trading of its shares to avoid significant impact on stock transactions due to uncertainties surrounding the acquisition [1][2]. Group 1 - Company has applied for a trading suspension starting from July 14, 2025, for a period not exceeding 10 trading days [1]. - The company is expected to disclose the transaction plan within 10 trading days, in compliance with the requirements for major asset restructuring [2]. - The trading suspension is aimed at ensuring fair information disclosure and protecting investor interests, preventing abnormal fluctuations in the company's stock price [2]. Group 2 - The company is actively advancing the related work for the transaction and will fulfill its information disclosure obligations in a timely manner during the suspension period [2]. - The company will strictly adhere to legal regulations and necessary review procedures while progressing with the transaction planning [2]. - All information will be disclosed on the designated information disclosure website of the China Securities Regulatory Commission [2].

福建元力活性炭股份有限公司（以下简称"公司"或"元力股份"） 正在筹划收购福建同晟新材料科技股份公司控制权事宜。因有关事项 尚存在不确定性，为了维护投资者利益，避免对公司证券交易造成重 大影响，根据深圳证券交易所的相关规定，经公司申请，公司证券（证 券品种：A 股股票，证券简称：元力股份，证券代码：300174）自 2025 年 7 月 14 日（星期一）开市起开始停牌，预计停牌时间不超过 10 个 交易日。 公司预计在不超过 10 个交易日的时间内披露本次交易方案，即在 2025 年 7 月 28 日前按照《公开发行证券的公司信息披露内容与格式准 则 26 号——上市公司重大资产重组》的要求披露相关信息，并申请复 牌。具体内容详见公司于 2025 年 7 月 14 日在中国证监会指定创业板 信息披露网站上披露的《关于筹划发行股份及支付现金购买资产并募 集配套资金暨关联交易事项的停牌公告》（公告编号：2025-045）。 证券代码：300174 证券简称：元力股份 公告编号：2025-047 福建元力活性炭股份有限公司 关于筹划发行股份及支付现金购买资产并募集配套资金 暨关联交易事项的停牌进展公告 本公司及董 ...

Summary of Key Points Core Viewpoint - The company, Fujian Yuanli Activated Carbon Co., Ltd., has approved a share repurchase plan to buy back its own shares using its own funds, with a total budget between RMB 50 million and RMB 80 million, and a maximum repurchase price of RMB 17.00 per share within a 12-month period [1]. Share Repurchase Plan - The board of directors approved the share repurchase plan on July 12, 2024, allowing the company to repurchase shares through centralized bidding [1]. - The total amount allocated for the repurchase is between RMB 50 million and RMB 80 million, with a maximum price of RMB 17.00 per share [1]. Implementation Status - As of the latest announcement, the company has repurchased a total of 4,637,501 shares, representing 1.27% of the total share capital, with a total transaction amount of approximately RMB 59.99 million [2]. - The highest transaction price during the repurchase was RMB 13.68 per share, while the lowest was RMB 12.35 per share [2]. Compliance and Impact - The implementation of the repurchase plan does not significantly impact the company's financials, operations, research and development, or debt repayment capabilities [3]. - The share repurchase will not alter the company's control or its status as a listed company, and the share distribution remains compliant with listing requirements [3]. Share Capital Changes - Prior to the repurchase, the total share capital was 365,852,860 shares, which decreased to 364,210,360 shares after the repurchase [4]. - The company plans to cancel all unused repurchased shares, totaling 1,642,500 shares from previous repurchase activities [4]. Future Plans for Repurchased Shares - The repurchased shares will be stored in a dedicated account and are intended for employee stock ownership plans or equity incentive plans [7]. - If the repurchased shares are not utilized within 36 months, they will be legally canceled [7].

证券代码：300174 证券简称：元力股份 公告编号：2025-046 福建元力活性炭股份有限公司 关于回购股份实施结果暨股份变动的公告 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。 一、公司回购股份基本情况 （一）股份回购方案的基本情况 福建元力活性炭股份有限公司（以下简称"公司"）于 2024 年 7 月 12 日召开的第五届董事会第二十三次会议审议通过了《关于回购公 司股份方案的议案》：同意公司以不低于人民币 5,000 万元且不超过 人民币 8,000 万元的自有资金通过集中竞价交易的方式回购公司发行 的人民币普通股（A 股）股票，回购价格不超过 17.00 元/股，回购期 限为自公司董事会审议通过本次回购股份方案之日起 12 个月内。 （二）股份回购实施情况 五、股份变动情况 1、2024 年 7 月 17 日，公司实施了首次回购，并于 2024 年 7 月 18 日披露了《关于首次回购公司股票的公告》。根据《上市公司股份 回购规则》《深圳证券交易所上市公司自律监管指引第 9 号——回购 股份》等相关规定，公司于每月前三个交易日内披露一次回购股份进 ...

Core Viewpoint - The article summarizes significant announcements from various listed companies in the Shanghai and Shenzhen stock markets, highlighting changes in control, major asset acquisitions, and performance forecasts for the first half of 2025. Group 1: Control Changes and Stock Suspension - Yangdian Technology is planning a change in control, leading to a stock suspension starting July 14, 2025, for up to 2 trading days [3] - Yuanli Co. is also planning to acquire control of Fujian Tongsheng New Materials Technology, resulting in a stock suspension starting July 14, 2025, for up to 10 trading days [5] - Kanghua Bio is planning a change in control, with stock suspension starting July 14, 2025, for up to 2 trading days [6] - Fuda Alloy is planning to acquire at least 51% of Guangda Electronics, which constitutes a major asset restructuring but will not change the actual controller [7] Group 2: Performance Forecasts - Limin Co. expects a net profit of 260 million to 280 million yuan for H1 2025, a year-on-year increase of 719.25% to 782.27% due to rising sales and prices [9] - Zijin Mining anticipates a net profit of approximately 23.2 billion yuan for H1 2025, a year-on-year increase of about 54% [10] - Chunqiu Electronics forecasts a net profit of 90 million to 110 million yuan for H1 2025, an increase of 236.05% to 310.72% [11] - Jinqilin expects a net profit of around 106 million yuan for H1 2025, a year-on-year increase of 222.36% [12] - Beihua Co. anticipates a net profit of 98 million to 111 million yuan for H1 2025, a year-on-year increase of 182.72% to 220.23% [14] - Guojin Securities expects a net profit of 1.092 billion to 1.137 billion yuan for H1 2025, a year-on-year increase of 140% to 150% [15] - Jiu Yuan Silver Sea forecasts a net profit of 26.49 million to 32.25 million yuan for H1 2025, a year-on-year increase of 130% to 180% [16] - Lankai Technology expects a net profit of 1.1 billion to 1.2 billion yuan for H1 2025, a year-on-year increase of 85.5% to 102.36% [17] - Changcheng Securities anticipates a net profit of 1.335 billion to 1.407 billion yuan for H1 2025, a year-on-year increase of 85% to 95% [18] - Weilan Lithium Core expects a net profit of 300 million to 360 million yuan for H1 2025, a year-on-year increase of 79.29% to 115.15% [19] - Yinlong Co. forecasts a net profit of 161 million to 181 million yuan for H1 2025, a year-on-year increase of 60% to 80% [21] - Aopumai expects a net profit of approximately 37 million yuan for H1 2025, a year-on-year increase of 53.28% [22] - Bailong Dongfang anticipates a net profit of 350 million to 410 million yuan for H1 2025, a year-on-year increase of 50.21% to 75.97% [23] - Shanghai Electric expects a net profit of 1.754 billion to 2.087 billion yuan for H1 2025, a year-on-year increase of 32.18% to 57.27% [24] - Huazhong Securities expects a net profit of 1.035 billion yuan for H1 2025, a year-on-year increase of 44.94% [25] - Bailong Chuangyuan anticipates a net profit of 171 million yuan for H1 2025, a year-on-year increase of 42.68% [26] - Chengyi Pharmaceutical expects a net profit of 107 million to 119 million yuan for H1 2025, a year-on-year increase of 40% to 55% [27] - Jinhai Biological anticipates a net profit of 127 million to 141 million yuan for H1 2025, a year-on-year increase of 40% to 55% [28] - Kanda New Materials expects a net profit of 50 million to 55 million yuan for H1 2025, turning from loss to profit [29] - China Shenhua expects a net profit of 23.6 billion to 25.6 billion yuan for H1 2025, a year-on-year decrease of 8.6% to 15.7% [30] - ST Songfa anticipates a net profit of 580 million to 700 million yuan for H1 2025, turning from loss to profit [31] - Chengxing Co. expects a net profit of 16 million to 23 million yuan for H1 2025, turning from loss to profit [33] - Ningbo Fubon anticipates a net profit of 8 million to 12 million yuan for H1 2025, turning from loss to profit [34] - ST Yundong expects a loss of 100 million to 150 million yuan for H1 2025, worsening from the previous year [35] - Kairuide expects a loss of 15 million to 22 million yuan for H1 2025, turning from profit to loss [36] Group 3: Shareholding Changes - Defu Technology's shareholders plan to reduce their holdings by up to 4.04% [38] - Jinzhen Co.'s shareholders plan to reduce their holdings by up to 3.04% [39] - Shikong Technology's shareholder plans to reduce their holdings by up to 3% [40] - Qilu Bank's shareholder plans to reduce their holdings by up to 1.1% [41] - Zhongci Electronics' shareholder plans to reduce their holdings by up to 1% [42] - Jiamei Packaging's shareholders plan to reduce their holdings by up to 1% [43] - Saike Xide's shareholder plans to reduce their holdings by up to 1% [44] - Gongda High-tech's general manager plans to reduce their holdings by up to 0.3424% [46] - Qingyuan Co.'s shareholder plans to reduce their holdings by up to 273,800 shares [47] Group 4: Major Contracts - Dashijiang expects to win a procurement project worth 122 million yuan [49] - Robotech signed significant daily operational contracts worth approximately 14.18 million USD [50]

Mergers and Acquisitions - Fuda Alloy is planning to purchase at least 51% of the shares of Guangda Electronics in cash, with the specific acquisition ratio to be further verified and negotiated. After the transaction, Guangda Electronics will become a subsidiary of Fuda Alloy [1] - Yuanli Co. is planning to acquire control of Tongsheng Co. Due to uncertainties regarding the matter, the company's securities have been suspended since July 14, with an expected suspension period of no more than 10 trading days [2] - Degute is planning to acquire 100% of Haowei Technology through a combination of issuing shares and cash payments, with the transaction expected to constitute a major asset restructuring without changing the actual controller of the company. The stock will resume trading on July 14 [3] Earnings Disclosure - Guojin Securities expects a net profit attributable to shareholders of 1.092 billion to 1.137 billion yuan for the first half of 2025, representing a year-on-year increase of 140% to 150%. The net profit after deducting non-recurring gains and losses is expected to be 1.036 billion to 1.081 billion yuan, up 130% to 140% [4] - Weilan Lithium expects a net profit attributable to shareholders of 300 million to 360 million yuan for the first half of 2025, reflecting a year-on-year increase of 79.29% to 115.15% [5] - Lanke Technology anticipates a net profit attributable to shareholders of 1.1 billion to 1.2 billion yuan for the first half of 2025, representing a year-on-year increase of 85.50% to 102.36%. The expected operating revenue is approximately 2.633 billion yuan, up about 58.17% year-on-year [6] - China Shenhua expects a net profit attributable to shareholders of 23.6 billion to 25.6 billion yuan for the first half of 2025, a year-on-year decrease of 13.2% to 20.0%, primarily due to a decline in coal sales volume and average selling prices [7] Shareholding Changes - Qilu Bank announced that Chongqing Huayu plans to reduce its stake by no more than 1.1% of the company's shares, amounting to a maximum of 60.4381 million shares, through block trading within two months from the announcement date [8] - Shikong Technology received a notification from shareholder Zhou Lei, who plans to reduce her holdings by no more than 3% of the company's shares, totaling up to 2.9775 million shares [9][10] - Saike Xide announced that major shareholder Zhang Haiying plans to reduce her stake by no more than 1% of the company's shares, which amounts to a maximum of 1.0614 million shares, through centralized bidding and block trading within three months from the announcement date [11]