Mergers and Acquisitions - CNOOC Services plans to convert its $746 million debt (approximately RMB 5.242 billion) owed by its wholly-owned subsidiary COSL Norwegian AS into equity investment, resulting in ownership stakes of 83.02% and 16.98% respectively [1] - Placo New Materials intends to acquire a 20% stake in Huizhou Placo New Sensation Technology Co., Ltd. for RMB 20 million, increasing its ownership from 80% to 100% [2] - Kailong High-Tech is planning a major asset restructuring to acquire control of Shenzhen Jinwangda Electromechanical Co., Ltd. through a combination of share issuance and cash payment, while also raising supporting funds [3] - Kangxin New Materials aims to acquire a 51% stake in Yubang Semiconductor for RMB 392 million through a combination of share transfer and capital increase, making it a subsidiary [4] Earnings Disclosure - Yonghui Supermarket expects a net loss of RMB 2.14 billion for 2025, compared to a loss of RMB 1.47 billion in the previous year, with a projected adjusted net loss of RMB 2.94 billion [5] - Longzi Co., Ltd. anticipates a net profit of RMB 900 million to RMB 1.05 billion for 2025, representing a year-on-year increase of 245.25% to 302.80% [6] - Hikvision reports a net profit of RMB 14.188 billion for 2025, reflecting an 18.46% year-on-year growth, with total revenue of RMB 92.518 billion, a slight increase of 0.02% [7] - Tonghuashun expects a net profit of RMB 2.735 billion to RMB 3.282 billion for 2025, indicating a growth of 50% to 80% year-on-year [8] Shareholding Changes - Aolian Electronics' shareholder Liu Junsheng plans to reduce his stake by up to 3%, with the reduction price not lower than the initial public offering price, for personal financial planning [9] - Bluefeng Biochemical's shareholder Hainan Wenqin intends to reduce his stake by up to 3%, equating to a maximum of 11.2678 million shares [10] - Zhixin Precision's shareholder Zhou Xin plans to reduce his stake by up to 3%, not exceeding 1.6 million shares, with a minimum price set at the issuance price [11] - Hoshine Silicon Industry's controlling shareholder Hoshine Group plans to reduce its stake by up to 3%, equating to a maximum of 35.4662 million shares, with the reduction price determined by market conditions [12] Risk Matters - ST Saiwei anticipates a negative net asset value by the end of 2025, which may lead to a risk warning for delisting after the annual report is disclosed [13]

Key Highlights - Daying Electronics reported current revenue from its unmanned robot business [1] - Hite Bio is planning to issue H-shares and list on the Hong Kong Stock Exchange [1] - Huangshan Tourism is investing approximately 133 million yuan in the upgrade of the Huangshan Tai Ping cableway electrical system [1] - Huatai Technology signed a daily operation contract worth 328 million yuan [1] - Tonghuashun expects a net profit growth of 50%-80% year-on-year for 2025 [1] - Kangxin New Materials plans to acquire 51% equity in Zibang Semiconductor for 392 million yuan [1] - Hengtong Co. intends to repurchase shares worth between 80 million to 100 million yuan [1] - Lanyu Co. shareholders Wang Yinghai and Yushuo Investment plan to reduce their holdings by up to 3% [1][2] - Jinma Amusement plans to raise no more than 1.05 billion yuan through a private placement [2] - Jincai Interconnection plans to raise no more than 570 million yuan through a private placement [2] Investment Projects - Kaizhong Precision plans to upgrade and expand its manufacturing base for new energy vehicle components in Heyuan [1] - Jiangtian Chemical intends to invest in a project with an annual production capacity of 60,000 tons of acrylic acid [1] - Nanjing Julong plans to establish a wholly-owned subsidiary to invest in a modified plastic production line project [1] Performance Forecasts - Batian Co. expects a net profit growth of 117.53% to 139.53% year-on-year for 2025 [1] - Tongfu Microelectronics anticipates a net profit of 1.1 billion to 1.35 billion yuan for 2025, representing a year-on-year growth of 62.34% to 99.24% [1] - Putailai expects a year-on-year increase in net profit of 93.18% to 101.58% for the 2025 fiscal year [1]

（编辑 任世碧） 证券日报网讯 1月20日，铂科新材发布公告称，公司拟以现金方式收购惠州新感天成创业投资合伙企业 （有限合伙）（简称"新感天成"）持有的惠州铂科新感技术有限公司（简称"新感技术"）20%股权，合 计交易对价为人民币2，000.00万元。本次交易完成后，公司持有新感技术的股权比例将由80%上升至 100%。新感天成的合伙人中包含上市公司部分董事、高管，根据有关规定，本次交易构成关联交易。 本次交易经公司第四届董事会第十四次会议审议通过，无需提交股东会审议。 ...

（记者 王瀚黎） 每经头条（nbdtoutiao）——"一周干完一年的活"，一款AI编程工具让硅谷程序员集体"上瘾"！科技公 司CEO：一辈子钻研的技能被它一次性解决，让人兴奋又恐惧 每经AI快讯，铂科新材1月20日晚间发布公告称，公司第四届第十四次董事会会议于2026年1月20日在 深圳市南山区沙河西路3157号南山智谷产业园B座13F会议室以现场结合通讯的方式召开。会议审议了 《关于收购控股子公司少数股东股权暨关联交易的议案》等文件。 ...

Group 1 - The company, Placo New Materials (300811.SZ), plans to acquire a 20% stake in New Sensation Technology held by New Sensation Tiancheng for cash, aiming to optimize its capital structure and improve operational decision-making efficiency [1] - The transaction price for the acquisition is set at 20 million yuan, based on the net asset value of New Sensation Technology, which is 110.0469 million yuan as of September 30, 2025 [1] - Following the completion of this transaction, New Sensation Tiancheng will no longer hold any equity in New Sensation Technology, increasing the company's ownership from 80% to 100% [1] Group 2 - New Sensation Technology is a subsidiary responsible for the research, production, and sales of chip inductors, co-owned by Placo New Materials and the employee stock ownership platform, New Sensation Tiancheng [1]

每经AI快讯，1月20日，铂科新材(300811.SZ)公告称，公司拟以2000万元现金收购新感天成持有的新感 技术20%股权，交易完成后，公司将持有新感技术100%股权。新感技术是公司芯片电感的研发、生产 和销售的控股子公司。本次交易构成关联交易，但不构成重大资产重组。该议案已通过董事会审议，关 联董事阮佳林已回避表决。 ...

深圳市铂科新材料股份有限公司（以下简称"公司"）第四届董事会第十四 次会议于 2026 年 1 月 20 日（星期二）在深圳市南山区沙河西路 3157 号南山智 谷产业园 B 座 13F 会议室以现场结合通讯的方式召开。会议通知已于 2026 年 1 月 16 日通过邮件的方式送达各位董事。本次会议应出席董事 7 人，实际出席董 事 7 人（其中：独立董事伊志宏女士、谢春晓先生以通讯方式出席）。 会议由董事长杜江华主持，高管列席。会议召开符合有关法律、法规、规 章和《公司章程》的规定。经各位董事认真审议，会议形成了如下决议： 二、董事会会议审议情况 （一）审议通过《关于收购控股子公司少数股东股权暨关联交易的议案》 证券代码：300811 证券简称：铂科新材 公告编号：2026-003 深圳市铂科新材料股份有限公司 第四届董事会第十四次会议决议公告 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。 一、董事会会议召开情况 关联董事阮佳林回避表决。 三、备查文件 1、 第四届董事会第十四次会议决议。 特此公告。 深圳市铂科新材料股份有限公司董事会 2026 年 1 ...

方正证券承销保荐有限责任公司 关于深圳市铂科新材料股份有限公司 收购控股子公司少数股东股权暨关联交易的核查意见 方正证券承销保荐有限责任公司（以下简称"方正承销保荐"或"保荐机构"） 作为深圳市铂科新材料股份有限公司（以下简称"铂科新材"或"公司"）持续督导 保荐机构，根据《证券发行上市保荐业务管理办法》《深圳证券交易所创业板股票上 市规则》《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运 作》等相关法律法规及《公司章程》的规定，对铂科新材拟收购控股子公司少数股东 股权暨关联交易的事项进行了认真、审慎的核查，具体情况如下： 一、交易概述 （一）交易内容 惠州铂科新感技术有限公司（以下简称"新感技术"、"标的公司"或"目标公司"）系 承担公司芯片电感的研发、生产和销售的控股子公司，由铂科新材及员工持股平台惠 州新感天成创业投资合伙企业（有限合伙）（以下简称"新感天成"）共同持股。 为进一步优化资本结构、提高经营决策效率、整合内外部资源和激励体系，公司 拟以现金方式收购新感天成持有的新感技术 20%股权（对应注册资本 2,000.00 万元）。 截至 2025 年 9 月 30 日，新感技术 ...

证券代码：300811 证券简称：铂科新材 公告编号：2026-002 深圳市铂科新材料股份有限公司 关于收购控股子公司少数股东股权暨关联交易的公告 本公司及董事会全体成员保证公告内容的真实、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、深圳市铂科新材料股份有限公司（以下简称"公司"、"铂科新材"或"上市公 司"）拟以现金方式收购惠州新感天成创业投资合伙企业（有限合伙）（以下简称"新 感天成"）持有的惠州铂科新感技术有限公司（以下简称"新感技术"、"标的公司" 或"目标公司"）20%股权，合计交易对价为人民币2,000.00万元。本次交易完成后， 公司持有新感技术的股权比例将由80%上升至100%。 2、新感天成的合伙人中包含上市公司部分董事、高管，根据《深圳证券交易所 创业板股票上市规则》《深圳证券交易所上市公司自律监管指引第7号——交易与关联 交易》及《公司章程》的有关规定，本次交易构成关联交易，但不构成《上市公司重 大资产重组管理办法》规定的重大资产重组。 3、本次交易已经公司独立董事专门会议审核，并经公司第四届董事会第十四次 会议审议通过，关联董事阮佳林先生已回避表决。该事项 ...

Investment Rating - The report maintains an "Overweight" rating for the steel industry [5]. Core Insights - Demand is expected to gradually stabilize, while supply-side constraints are anticipated to continue, leading to a potential recovery in the steel industry's fundamentals [3][4]. - The report highlights that despite a long period of micro-profitability in the industry, market-driven supply adjustments have begun, and if supply policies are implemented, the pace of supply contraction may accelerate [3][4]. Summary by Sections Steel Market Overview - The apparent consumption of the five major steel products was 8.2612 million tons, a decrease of 1.77% week-on-week but an increase of 4.33% year-on-year [6]. - The total steel inventory was 12.47 million tons, down 0.55% week-on-week, maintaining a low level [6]. - The average profit margin for rebar was 199.4 CNY/ton, down 15.2 CNY/ton from the previous week [6]. Production and Capacity Utilization - The production of five major steel products was 8.192 million tons, a slight increase of 0.08% week-on-week [6]. - The operating rate of blast furnaces in 247 steel mills was 78.84%, down 0.47 percentage points from the previous week [6][29]. - The capacity utilization rate for these mills was 85.48%, down 0.56 percentage points week-on-week [6][29]. Raw Material Prices - Iron ore spot prices remained unchanged, while futures prices decreased by 0.31% to 812 CNY/ton [48]. - The port inventory of iron ore rose to 165.55 million tons, an increase of 1.72% [52]. - The total shipment volume from major iron ore producers decreased, with Brazil's shipments down 7.37% and Australia's down 2.29% [53][61]. Recommendations - The report recommends focusing on companies with leading technology and product structures, such as Baosteel and Hesteel, as well as those with competitive advantages like CITIC Special Steel and Yongjin Materials [6].