Core Viewpoint - Haichang New Materials plans to acquire 51% of Shenzhen Xinwei Communication Technology Co., Ltd. for 255 million yuan, marking a significant cross-industry expansion into the satellite positioning antenna sector [1][4]. Group 1: Acquisition Details - The acquisition involves a cash payment of 255 million yuan, valuing Xinwei Communication at approximately 500 million yuan, despite its net assets being less than 75 million yuan [2][6]. - The acquisition agreement was approved by Haichang New Materials' board on September 19, 2023, and involves signing a framework agreement with the current shareholders [4][6]. Group 2: Financial Performance - Xinwei Communication reported a revenue of 96.72 million yuan and a net profit of 30.37 million yuan for 2024, with the latest unaudited figures showing a revenue of 84.37 million yuan and a net profit of 33.47 million yuan [8]. - The static price-to-earnings ratio (PE) for the acquisition is approximately 16.5 times based on the 2024 net profit [8]. Group 3: Strategic Implications - This acquisition is part of Haichang New Materials' strategy to diversify into high-tech sectors, particularly in satellite positioning and communication, aiming to create new profit growth points [5][8]. - Xinwei Communication specializes in GNSS antenna technology, with applications in various high-tech fields such as drones, precision agriculture, and autonomous driving [5].

Core Viewpoint - Haichang New Materials plans to acquire 51% of Shenzhen Xinwei Communication Technology Co., Ltd. for 255 million yuan, marking a significant cross-industry expansion into the satellite positioning antenna sector [2][5]. Group 1: Acquisition Details - The acquisition involves a cash payment of 255 million yuan, valuing Xinwei Communication at approximately 500 million yuan, despite its net assets being less than 75 million yuan [3][8]. - The acquisition agreement was approved by Haichang New Materials' board on September 19, 2023, and signed with the current shareholders [5][11]. Group 2: Financial Performance - Xinwei Communication reported a revenue of 96.72 million yuan and a net profit of 30.37 million yuan for 2024, with recent unaudited figures showing revenue of 84.37 million yuan and a net profit of 33.47 million yuan [9]. - The static price-to-earnings ratio (PE) for the acquisition is approximately 16.5 times based on the 2024 net profit [10]. Group 3: Strategic Implications - This acquisition is part of Haichang New Materials' strategy to diversify into high-tech fields, aiming to enhance its product offerings in satellite positioning and communication, thereby creating new profit growth points [7][6]. - Xinwei Communication specializes in GNSS antenna technology, with applications in various high-tech sectors such as drones, precision agriculture, and autonomous driving [6].

Core Viewpoint - Haichang New Material plans to acquire 51% of Shenzhen Xinwei Communication Technology Co., Ltd. for 255 million yuan, marking a significant cross-industry expansion into the satellite positioning antenna sector [1][3]. Group 1: Acquisition Details - The acquisition involves a cash payment of 255 million yuan for a 51% stake in Xinwei Communication, which has a net asset value of approximately 74.75 million yuan, leading to an overall valuation of about 500 million yuan [1][5]. - The price implies a price-to-book ratio (PB) of 6.69 times based on Xinwei's net assets [5]. - The acquisition is part of Haichang's strategy to diversify into high-tech fields, particularly satellite positioning and communication [4][6]. Group 2: Financial Performance of Xinwei Communication - Xinwei Communication reported a revenue of 96.72 million yuan and a net profit of 30.37 million yuan for 2024, with recent unaudited figures showing revenue of 84.37 million yuan and a net profit of 33.47 million yuan [6]. - The static price-to-earnings ratio (PE) for the acquisition is approximately 16.5 times based on the 2024 net profit [6]. - The sellers have committed to a performance guarantee, ensuring that Xinwei achieves a cumulative net profit of no less than 120 million yuan over the next three years [6].

Group 1 - Huadian Co., Ltd. plans to issue H-shares and list on the Hong Kong Stock Exchange [2] - Cisco Ray's 2022 annual report was found to have inflated revenue by 9.96 million and profit by 7.0054 million, leading to penalties and a change in stock name to ST Cisco Ray [3] - Tianpu Co., Ltd. experienced a 245.20% increase in stock price over 13 consecutive trading days, indicating a risk of rapid decline [4] - ST New Power is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws [6] - Baoli International intends to invest in semiconductor testing equipment company Hongtai Technology, acquiring 1%-3% equity [7] - Ankai Micro plans to invest 20 million yuan to acquire 4% equity in Shiqi Future, focusing on smart vision technology [8] Group 2 - SF Holding reported a revenue of 24.787 billion yuan in August, a year-on-year increase of 7.86% [9] - Various companies are involved in share transfers, including Guangli Micro and *ST Tianlong, with plans for significant asset restructuring [11] - Xinwangda's subsidiary aims to establish a storage industry fund with professional investment institutions [12] - Several companies are planning share repurchases, including Shunhao Co. and Lingyun Optics, with adjustments to repurchase plans [18]

Group 1 - The company Haichang New Materials (300885.SZ) announced the signing of a share acquisition intention agreement with Wu Wenping and Lu Linsheng to acquire 51% equity of Shenzhen Xinyi Communication Technology Co., Ltd. through cash payment [1] - The target company specializes in the research, production, and sales of RF core components and related modules in the GNSS antenna positioning field, including high-precision GNSS satellite positioning antennas and Beidou satellite communication antennas [1] - The products of the target company are widely used in various fields such as drones, smart lawn mowers, surveying and mapping, precision agriculture, autonomous driving, and deformation monitoring [1] Group 2 - The target company not only provides products but also offers customized solutions and technical support based on the needs of different industries, meeting customer requirements in various complex scenarios [1] - The target company is an important service provider in the industry application field [1]

Core Viewpoint - The company Haichang New Materials (300885.SZ) has signed a share acquisition intention agreement to acquire 51% of Shenzhen Xinwei Communication Technology Co., Ltd. through cash payment, indicating a strategic move to enhance its capabilities in the GNSS antenna positioning sector [1] Company Summary - The target company specializes in the research, production, and sales of RF core components and related modules in the GNSS antenna positioning field, including high-precision GNSS satellite positioning antennas and Beidou satellite communication antennas [1] - The products of the target company are widely used in various applications such as drones, smart lawn mowers, surveying and mapping, precision agriculture, autonomous driving, and deformation monitoring, highlighting its relevance across multiple industries [1] - The target company not only provides products but also offers customized solutions and technical support based on the needs of different industries, making it an important service provider in the application field [1]

Core Viewpoint - The company has signed a share acquisition intention agreement to acquire 51% of Shenzhen Xinfeng Communication Technology Co., Ltd. in cash, aiming to enhance its core competitiveness and promote diversified industrial layout [1] Group 1: Acquisition Details - The transaction price will be negotiated based on the final audited valuation of the target company [1] - The target company specializes in core components in the GNSS antenna positioning field, which are widely used in drones, smart lawn mowers, and precision agriculture [1] - The intention agreement is a framework agreement, and a formal acquisition agreement has not yet been signed, indicating uncertainty regarding the completion of the transaction [1]

证券代码：300885 证券简称：海昌新材 公告编号：2025-034 扬州海昌新材股份有限公司 一、董事会会议召开情况 1、本次董事会通知于2025年9月9日通过专人递送等《公司章程》规定 的形式送达至各位董事。 2、本次董事会于2025年9月19日上午9时以现场表决的方式召开，现场 会议会址为公司二楼会议室。 3、本次董事会应出席董事5名，实际出席董事5名，没有董事委托其他 董事代为出席或缺席本次会议。与会董事以记名投票表决方式对会议审议议 案进行了表决。 4、本次董事会由董事长周光荣先生主持，公司董事会秘书列席了本次 董事会。 5、本次会议的召集、召开和表决程序符合《中华人民共和国公司法》 等法律、法规、规章及规范性文件和《公司章程》的有关规定。 二、董事会会议审议情况 (一) 审议通过了《关于签署股权收购意向协议的议案》 第三届董事会第二十次会议决议公告 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。 二人（以下统称"转让方"）签署了《股权收购意向协议》，公司拟以支付现 金的方式收购转让方持有的"深圳市信为通讯技术有限公司"51%股权，交 易价格以最终 ...

证券代码：300885 证券简称：海昌新材 公告编号：2025-035 扬州海昌新材股份有限公司 关于签署股权收购意向协议的公告 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。 特别提示 1.扬州海昌新材股份有限公司（以下简称"公司"）与吴文平、卢林生 等二人签署《股权收购意向协议》（以下简称"意向协议"），公司拟以 支付现金的方式收购深圳市信为通讯技术有限公司（以下简称"标的公 司"）51%股权。 2.本次签署的意向协议仅为框架性协议，尚未签署正式的收购协议， 本次交易能否正式达成存在不确定性。在意向协议履行过程中，可能存 在因政策调整、市场环境变化以及公司自身基于后续尽职调查与协商过 程中的实际情况判断，而使收购决策方案变更或推进进度未达预期的风 险。 3.标的公司主营业务为研发生产销售 GNSS 天线定位领域射频核心 部件及相关模组件，如高精度 GNSS 卫星定位天线、北斗卫星通信天线 等，产品广泛应用于无人机、智能割草机、测量测绘、精准农业、无人 驾驶、形变监测等多个领域。标的公司不仅提供产品，还能根据不同行 业的需求，提供定制化的解决方案和技术支持， ...

北京市朝阳区建外大街丁 12 号英皇集团中心 8、9、11 层 8/9/11/F, Emperor Group Centre, No.12D, Jianwai Avenue, Chaoyang District, Beijing, 100022, P.R.China 电话/Tel.:010-50867666 传真/Fax:010-56916450 网址/Website:www.kangdalawyers.com 北京 西安 深圳 海口 上海 广州 杭州 沈阳 南京 天津 菏泽 成都 苏州 呼和浩特 香港 武汉 郑州 长沙 厦门 重庆 合肥 宁波 北京市康达律师事务所 关于扬州海昌新材股份有限公司 2025 年第一次临时股东会的法律意见书 康达股会字【2025】第0371号 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券 法》（以下简称"《证券法》"）、《上市公司股东会规则》（以下简称"《规则》"）、《扬州 海昌新材股份有限公司章程》（以下简称"《公司章程》"）及扬州海昌新材股份有限公 司（以下简称"公司"）与北京市康达律师事务所（以下简称"本所"）签订的法律顾 问协议，本所律师对 ...