Core Viewpoint - Both InSai Group and TaiFu Pump Industry announced the termination of their respective major asset restructuring plans due to changes in the external environment and failure to reach a final agreement on the transaction [2][3][7]. InSai Group - InSai Group held its fourth board meeting on October 31, where it approved the termination of the major asset restructuring plan and applied to withdraw the application documents from the Shenzhen Stock Exchange [3]. - The company previously planned to acquire 80% of the equity of ZhiZhe TongHang Brand Management Consulting (Beijing) Co., Ltd. through a combination of issuing shares and cash payments, along with raising supporting funds [6]. - The company reported a third-quarter revenue of 204 million, a year-on-year decrease of 30.41%, and a net profit of 4.15 million, down 74.61% year-on-year. For the first three quarters, revenue was 759 million, an increase of 8.29%, while net profit was 27.38 million, a decrease of 24.51% [6]. TaiFu Pump Industry - TaiFu Pump Industry announced that it could not reach a final agreement on the transaction regarding the acquisition of at least 51% of Zhejiang Nanyang Huacheng Technology Co., Ltd. and decided to terminate the major asset restructuring [7][10]. - The termination of the restructuring was agreed upon after thorough research and friendly negotiations with the relevant parties, and it will not have a significant adverse impact on the company's current operations, financial status, or strategic development [10]. - The company reported a revenue of 635 million for the first three quarters, a year-on-year increase of 23.36%, and a net profit of 16.85 million, down 13.89% year-on-year [10].

Core Viewpoint - Both InSai Group and TaiFu Pump Industry announced the termination of their respective major asset restructuring plans due to changes in external conditions and failure to reach a final agreement on the transaction [1][2][3][8]. InSai Group - InSai Group held its fourth board meeting on October 31, where it approved the termination of the asset restructuring plan and applied to withdraw the application documents from the Shenzhen Stock Exchange [3]. - The company intended to acquire 80% of the equity of ZhiZhe TongHang Brand Management Consulting (Beijing) Co., Ltd. through a combination of issuing shares and cash payment, which constituted a major asset restructuring [6]. - The company reported that its business operations remain normal and the termination of the transaction will not significantly impact its existing production and operations [7]. - For Q3, InSai Group achieved revenue of 204 million yuan, a year-on-year decrease of 30.41%, and a net profit of 4.15 million yuan, down 74.61% [7]. - For the first three quarters, the company reported revenue of 759 million yuan, an increase of 8.29%, and a net profit of 27.38 million yuan, a decrease of 24.51% [7]. TaiFu Pump Industry - TaiFu Pump Industry announced that it could not reach a consensus on the final transaction plan with the other party, leading to the termination of the major asset restructuring [2][8]. - The company had planned to acquire at least 51% of the equity of Zhejiang Nanyang Huacheng Technology Co., Ltd. in cash to gain control [8]. - The termination of the restructuring is not expected to have a significant adverse impact on the company's current operations, financial status, or strategic development [11]. - For the first three quarters, TaiFu Pump Industry reported revenue of 635 million yuan, a year-on-year increase of 23.36%, and a net profit of 16.85 million yuan, down 13.89% [12].

Group 1: Investment Activities - Baichuan Energy's wholly-owned subsidiary plans to invest 215 million yuan to acquire a 22.86% stake in Xi'an Zhongke Optoelectronics, increasing its total stake to 25.20% after the transaction [1] - Anfu Technology intends to acquire a 6.7402% stake in Anhui Anfu Energy for 304 million yuan, which will make Anfu Energy a wholly-owned subsidiary post-transaction [2] Group 2: Termination of Transactions - Insai Group has decided to terminate its planned acquisition of an 80% stake in Zhizhe Tongxing Brand Management Consulting due to changes in the external environment, following discussions with all parties involved [3] Group 3: Shareholding Changes - Saiwu Technology's shareholder Dongyun Chuangtou plans to reduce its stake by up to 1%, equivalent to a maximum of 4.3749 million shares, for business needs [4] - Tuosida's director and senior executive Huang Daibo intends to reduce his stake by up to 0.95%, amounting to a maximum of 4.5 million shares, due to personal funding requirements [5] Group 4: Regulatory Issues - First Capital's wholly-owned subsidiary has been investigated by the China Securities Regulatory Commission for alleged negligence in its supervisory duties related to a convertible bond project [6] - Taiyuan Heavy Industry has received a notice from the regulatory authority regarding false disclosures in its annual report, leading to risk warnings on its stock [7] - Qingyue Technology is under investigation by the China Securities Regulatory Commission for suspected false reporting of financial data [8] - Bestme's actual controller is being investigated for failing to fulfill mandatory acquisition obligations and for violations in information disclosure [9][10]

Investment & Contracts - Zhenyu Technology plans to invest RMB 2.11 billion in humanoid robot precision module and component projects in Ninghai County from 2025 to 2030, aiming to expand production capacity and enter emerging business areas [1] - East Asia Machinery intends to establish a smart manufacturing base for air compressors and core components in Hefei, Anhui Province, with a total investment of approximately RMB 400 million [5] - Hopu Co., Ltd.'s subsidiary signed a procurement contract for a 200MW/800MWh independent energy storage project with a total value of RMB 520 million, which is expected to positively impact future operating performance [7] Shareholding Changes - Tianhua New Energy's actual controllers plan to transfer 12.95% of shares to CATL at a price of RMB 24.49 per share, representing a 19% discount to the closing price [1] - Tianmai Technology's controlling shareholder will change from Guo Jianguo to Suzhou Qichen after transferring 17,756,720 shares at a price of RMB 30.52 per share, totaling approximately RMB 541.94 million [6] - Zhongyuan Co., Ltd. will see a change in actual control to Zhu Shuangquan, Zhu Shunquan, and Zhu Mengqian, with a combined voting rights of 25.63% after signing a voting rights entrustment agreement [3] Other Developments - Beisimei's actual controller is under investigation by the China Securities Regulatory Commission for failing to fulfill mandatory tender offer obligations and information disclosure violations, but this does not affect the company's operations [2] - InSai Group has decided to terminate its major asset restructuring plan to acquire 80% of Zhizhe Tongxing Brand Management Consulting (Beijing) Co., Ltd. due to changes in the external environment [4] - Taifu Pump Industry has also terminated its major asset restructuring plan to acquire at least 51% of Nanyang Huacheng's shares, as the parties could not reach an agreement [9] - Toukang Life has received one medical device registration certificate and eight registration applications for various products, enhancing its product line but with limited immediate impact on performance [8]

Core Points - The company announced the termination of a significant asset restructuring plan and will withdraw its application documents from the Shenzhen Stock Exchange [2] Group 1 - The company will hold its fourth board meeting on October 31, 2025, to review the decision to terminate the asset restructuring [2] - The management has been authorized to sign termination agreements with other parties involved in the transaction [2]

Core Viewpoint - InnoCare Group announced the termination of a major asset restructuring plan, which involved the acquisition of 80% equity in Zhizhe Tongxing Brand Management Consulting (Beijing) Co., Ltd. through a combination of share issuance and cash payment [1] Group 1 - The company planned to acquire the equity from Liu Yan, Ningbo Youzhi Youth Investment Management Partnership, Huang Mingsheng, Han Yanyan, and Yu Qian [1] - The decision to terminate the transaction was made after friendly negotiations among the parties involved and thorough communication with intermediary institutions, considering the current changes in the external environment [1] - InnoCare Group stated that its business operations remain normal and that the termination of this transaction will not significantly impact its existing production and operational activities [1] Group 2 - As of the latest market close, InnoCare Group's stock rose by 5.22%, reaching a price of 37.07 yuan [2]

10月31日晚，因赛集团公告称，公司于2025年10月31日召开第四届董事会第七次会议，审议通过终 止发行股份及支付现金购买资产并募集配套资金事项并撤回申请文件的议案，决定终止本次重大资产重 组事项。 考虑到当前外部环境变化，经交易各方友好协商及与中介机构充分沟通，决定终止本次交易事项并撤回 申请文件。 编辑丨瑜见 截至今日收盘， 因赛集团涨5.22%，报37.07元。 根据公告，公司原 拟以发行股份及支付现金的方式购买刘焱、宁波有智青年投资管理合伙企业（有限 合伙）、黄明胜、韩燕燕及于潜持有的智者同行品牌管理顾问（北京）股份有限公司80%股权并募集 配套资金，本次交易构成重大资产重组。 因赛集团表示， 目前，公司各项业务经营情况正常，本次交易终止不会对公司现有生产经营活动造成 较大不利影响。 ...

Group 1 - The company announced the termination of a major asset restructuring plan, which involved the acquisition of 80% equity in Zhizhetonghang Brand Management Consulting (Beijing) Co., Ltd. [1][3] - The decision to terminate the transaction was made due to changes in the external environment since the initial planning phase, and it was reached after friendly negotiations with all parties involved [3][4]. - The company confirmed that the termination of the transaction would not significantly impact its current business operations [3][4]. Group 2 - For Q3, the company reported a revenue of 204.34 million yuan, a year-on-year decrease of 30.41%, and a net profit attributable to shareholders of 4.15 million yuan, down 74.61% year-on-year [4][5]. - The company's total assets at the end of the reporting period were 1.03 billion yuan, reflecting an 8.30% decrease compared to the previous year [5]. - The company plans to hold an investor briefing on November 7 to discuss the termination of the major asset restructuring [3].

Core Viewpoint - The company has decided to terminate its major asset restructuring plan due to changes in the external environment and will withdraw its application documents [1][3]. Group 1: Termination of Major Asset Restructuring - The company announced on October 31 that it will hold the fourth board meeting on October 31, 2025, to review and approve the termination of the asset restructuring plan [1]. - The restructuring involved acquiring 80% of the shares of Zhizhe Tongxing Brand Management Consulting (Beijing) Co., Ltd. through a combination of issuing shares and cash payments [3]. - The decision to terminate was made after friendly consultations among all parties involved and thorough communication with intermediaries [3]. Group 2: Business Operations and Financial Performance - The company stated that its business operations remain normal and that the termination of the transaction will not significantly impact its current production and operational activities [3]. - For the third quarter, the company reported a revenue of 204.34 million yuan, a year-on-year decrease of 30.41%, and a net profit attributable to shareholders of 4.15 million yuan, down 74.61% year-on-year [4][5]. - The net cash flow from operating activities was negative 51.01 million yuan, reflecting a significant decline of 236.79% [5]. Group 3: Future Communication with Investors - The company plans to hold an investor briefing on November 7 to discuss the termination of the major asset restructuring and communicate with investors [3].

Core Viewpoint - The company has decided to terminate its major asset restructuring plan due to changes in the external environment and to protect the interests of all parties involved [1][3]. Group 1: Termination of Asset Restructuring - The company announced on October 31 that it will hold a board meeting on October 31, 2025, to approve the termination of the asset restructuring plan and withdraw the application documents [1]. - The restructuring involved the acquisition of 80% equity in Zhizhe Tongxing Brand Management Consulting (Beijing) Co., Ltd. through a combination of share issuance and cash payment [3]. - The decision to terminate was made after friendly negotiations among the parties involved and thorough communication with intermediaries [3]. Group 2: Business Operations and Financial Performance - The company stated that its business operations remain normal and that the termination of the transaction will not significantly impact its current production and operational activities [4]. - The company plans to hold an investor briefing on November 7 to discuss the termination of the major asset restructuring [5]. - In the third quarter, the company reported revenue of 204.34 million yuan, a year-on-year decrease of 30.41%, and a net profit attributable to shareholders of 4.15 million yuan, down 74.61% year-on-year [5][6].