Group 1 - The core viewpoint of the news is the acquisition of Haowei Cloud Computing Technology Co., Ltd. by Qingdao Degute Energy Equipment Co., Ltd., which is seen as a significant move due to the disparity in size between the two companies and the cross-industry nature of the deal [1][2] - Degute reported impressive financial results for 2024, with a revenue of 509 million yuan, a year-on-year increase of 64.21%, and a net profit of 96.71 million yuan, up 150.15% year-on-year. However, the company faced a 31.19% year-on-year revenue decline in Q1 2025, with net profit halved to 23.67 million yuan [2][3] - The acquisition aims to leverage Haowei's digital capabilities to drive the intelligent upgrade of industrial scenarios, as Degute seeks to find a second growth curve amid slowing demand in traditional high-energy-consuming equipment markets [2][4] Group 2 - Haowei Technology, previously known as ZTE Soft Creation, has a registered capital of 792 million yuan and employs 4,348 people, with a core business covering telecom software development, cloud management services, and industry digital solutions [3] - The market expresses skepticism regarding the technological compatibility between Degute and Haowei, as Degute's traditional client base is concentrated in heavy industries like chemicals and metallurgy, which overlaps minimally with Haowei's telecom and cloud service clients [4] - Analysts suggest that Haowei's digital technology could enhance Degute's product development precision, optimize production management, and improve after-sales service intelligence, potentially increasing the company's competitiveness [4]

Core Viewpoint - Qingdao Degute Energy Saving Equipment Co., Ltd. is planning to acquire control of Haowei Cloud Computing Technology Co., Ltd. through a combination of issuing shares and cash payment, along with raising supporting funds, which constitutes a significant asset restructuring according to regulations [1][2] Group 1 - The transaction is expected to not result in a change of the actual controller of the company and will not constitute a restructuring listing [1] - The company's stock has been suspended from trading since June 30, 2025, for a period not exceeding 10 trading days to protect investor interests and avoid significant impacts on the stock price [1] - The company is actively organizing and advancing the related work for this transaction and is preparing a transaction plan in accordance with relevant regulations [2] Group 2 - The company will disclose the transaction plan approved by the board of directors before the end of the suspension period and will apply for the resumption of trading [2] - There remains uncertainty regarding the transaction, and investors are advised to pay attention to subsequent announcements from the company [2]

截至本公告披露日，公司以及有关各方正积极组织推进本次交易的相关工作。 为保证信息披露公平，维护投资者利益，避免公司股价异常波动，根据深圳证券 交易所的相关规定，公司股票继续停牌。公司正根据《上市公司重大资产重组管 理办法》《公开发行证券的公司信息披露内容与格式准则第26号——上市公司重 大资产重组》等相关规定编制本次交易预案，预计将于停牌期限届满前披露经董 事会审议通过的本次交易预案并申请公司股票复牌。 青岛德固特节能装备股份有限公司 关于筹划发行股份及支付现金方式购买资产并募集配套 资金事项的停牌进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 青岛德固特节能装备股份有限公司（以下简称"公司"）正在筹划通过发行 股份及支付现金方式购买浩鲸云计算科技股份有限公司控制权并募集配套资金 （以下简称"本次交易"）。经初步测算，本次交易预计构成《上市公司重大资 产重组管理办法》规定的重大资产重组，不会导致公司实际控制人发生变更，不 构成重组上市。 因本次交易尚处于筹划阶段，存在不确定性，为了维护投资者利益，避免对 公司股价造成 ...

Core Viewpoint - The acquisition of Haowei Technology by Degute is a significant strategic move aimed at leveraging digital capabilities to expand growth opportunities, rather than a short-term hedge against market fluctuations [2][3]. Group 1: Acquisition Details - Degute is an energy-saving and environmental protection equipment manufacturer, while Haowei Technology is an international software and IT service provider [2]. - The customer bases of both companies are largely different, with Degute focusing on heavy industry and Haowei on telecommunications, indicating a low overlap in clientele [2]. - The integration of both companies will require addressing the "technical gene conflict" to realize the potential synergies of the merger [2]. Group 2: Financial Performance - Degute has experienced significant fluctuations in its financial performance, with a reported revenue decline of 31.19% and a net profit drop of 53.24% in Q1 2025 [4]. - The decline in cash received from sales and services by 0.7% in 2024 contrasts with a 64.21% increase in revenue, indicating potential underlying issues in cash flow management [6]. - The net cash flow from operating activities decreased by 34.63%, raising concerns about the sustainability of reported profits [6]. Group 3: Market Reactions and Speculations - The announcement of the acquisition has sparked widespread interest among investors, with speculation about Haowei Technology potentially using this acquisition as a means to achieve a backdoor listing [3][4]. - Haowei Technology has a history of attempting to go public, having previously initiated IPO processes that did not materialize, which adds to the speculation surrounding this acquisition [4].

Core Viewpoint - Qingdao Degute Energy Equipment Co., Ltd. (300950.SZ) plans to acquire control of Haowei Cloud Computing Technology Co., Ltd. through a combination of share issuance and cash payment, aiming for digital transformation and business expansion [1][3]. Group 1: Acquisition Details - The acquisition is expected to constitute a major asset restructuring but will not lead to a change in the actual controller of Degute [1]. - Degute has signed a letter of intent with major shareholders of Haowei Technology, including Nanjing Xiruang and others, with Nanjing Xiruang being the largest shareholder backed by Alibaba's Yunfeng Fund [3][4]. - Haowei Technology, originally a subsidiary of ZTE Corporation, was acquired by Nanjing Xiruang in 2018 for 1.2233 billion yuan, marking its transition to a cloud computing focus [3][4]. Group 2: Business Overview - Haowei Technology provides digital solutions to global telecom operators, cloud infrastructure service providers, and government enterprises, with three main business lines: telecom software development, cloud management software, and industry digital solutions [4]. - The company recently launched an innovative "Three Integration" end-to-end intelligent computing supply solution, which has been piloted in the education sector in Shanghai and the Sichuan-Chongqing region [4][5]. Group 3: Degute's Performance - Established in 2004, Degute specializes in energy-saving and environmental protection equipment manufacturing and was listed on the Shenzhen Stock Exchange in March 2021 [7]. - In 2024, Degute achieved a revenue of 509 million yuan, a year-on-year increase of 64.21%, and a net profit of 96.71 million yuan, up 150.15%, both reaching historical highs [7][8]. - The company's overseas business is particularly strong, with 302 million yuan in revenue from international sales, accounting for 59.28% of total revenue, and a gross margin of 48.77% on exported products [8]. Group 4: Strategic Implications - The acquisition represents a significant strategic move for Degute, as it seeks to enhance its competitiveness through digital transformation, which can improve product design accuracy, optimize production processes, and enable intelligent equipment operation [8]. - This trend reflects a broader movement among traditional manufacturing companies to integrate digital technologies to boost competitiveness in the context of a growing digital economy [8].

Core Viewpoint - The company 德固特 (300950.SZ) has decided to abandon its IPO plans in favor of acquiring control of 浩鲸云计算科技 (浩鲸科技) through a significant asset restructuring, which is expected to enhance its profitability and create a second growth curve [1][4]. Group 1: Company Overview - 德固特 specializes in the design, manufacturing, and sales of energy-saving and environmental protection equipment, recognized as a "hidden champion" in the carbon black equipment manufacturing industry [3]. - The company holds 137 valid patents, including 29 invention patents [3]. Group 2: Financial Performance - In 2024, 德固特 achieved a revenue of 5.09 billion, marking a year-on-year increase of 64.21%, with a net profit attributable to shareholders of 967.15 million, up 150.15% [3]. - The company's overseas revenue reached 302 million in 2024, showing a remarkable growth of 100.46%, accounting for 59.28% of total revenue [3]. - However, in the first quarter of the current year, the company experienced a decline in both revenue and net profit, with figures of 125 million and 23.67 million respectively, representing year-on-year decreases of 31.19% and 53.24% [3]. Group 3: Acquisition Details - 浩鲸科技, formerly known as 中兴软创, was established in 2003 and has undergone several ownership changes, with 南京溪软 currently holding 28.83% of its shares [2]. - The acquisition is seen as a strategic move to diversify 德固特's business and improve its profitability [4].

Core Viewpoint - The company, Degute (300950.SZ), plans to acquire control of Haowei Cloud Computing Technology Co., Ltd. through a combination of share issuance and cash payment, while simultaneously raising supporting funds. The stock will be suspended from trading starting June 30, with a transaction plan expected to be disclosed within 10 trading days [1]. Group 1: Company Overview - Degute is a high-tech enterprise in the energy-saving and environmental protection equipment manufacturing sector, providing design, research and development, manufacturing, inspection, sales, and services across various industries including chemicals, energy, metallurgy, and solid waste treatment. It is recognized as a "hidden leader" in the carbon black equipment manufacturing industry, holding 151 valid patents, including 31 invention patents, 114 utility model patents, and 6 design patents [2]. - Haowei Technology, established in 2003 with a registered capital of 792 million yuan, is an international software and information technology service provider, offering digital solutions to global telecom operators, cloud infrastructure service providers, and government-enterprise clients. It has developed three main business lines: telecom software development and services, cloud management software development and services, and industry digital solutions [2]. Group 2: Recent Developments - Haowei Technology recently showcased several innovative achievements at the 2025 Shanghai World Mobile Communication Conference, addressing challenges in the industry related to high computing costs, high application thresholds, and fragmented solutions. The company introduced an end-to-end intelligent computing supply solution, providing a one-stop service from computing to platform and solution layers [3]. - The transaction is still in the planning stage, with Degute identifying preliminary transaction parties, including major shareholders of Haowei Technology. The final list of transaction parties will be disclosed in subsequent announcements [3]. Group 3: Financial Performance - In 2024, Degute reported an operating income of 509 million yuan, a year-on-year increase of 64.21%, and a net profit attributable to shareholders of 96.71 million yuan, up 150.15% year-on-year. The overseas business generated revenue of 302 million yuan, accounting for 59.28% of total revenue, with a gross profit margin of 48.77% for exported products [3]. - In the first quarter of this year, Degute experienced a decline in performance, with operating income of 125 million yuan, a year-on-year decrease of 31.19%, and a net profit attributable to shareholders of 23.67 million yuan, down 53.24% year-on-year [4].

Group 1 - The core viewpoint of the article highlights that the acquisition represents a cross-industry exploration for Degute, which has performed well in traditional business areas but has experienced significant performance fluctuations in recent years. The company is seeking a digital breakthrough to align with industry development trends [2] - Degute has reached a preliminary agreement to purchase assets from the major shareholders of Haowei Technology, which is currently in the planning stage. The final transaction counterpart will be confirmed in future announcements [3][4] - Haowei Technology, formerly known as ZTE Soft Creation Technology Co., Ltd., is an international software and information technology service provider, focusing on digital solutions for telecom operators and enterprise clients [3] Group 2 - Degute is a high-tech energy-saving and environmental protection equipment manufacturer, known as an "invisible leader" in the carbon black equipment manufacturing industry. The company holds 151 valid patents, including 31 invention patents [5] - The financial performance of Degute has shown significant fluctuations, with revenues of 324 million yuan, 310 million yuan, and 509 million yuan from 2022 to 2024, reflecting year-on-year changes of 9.84%, -4.19%, and 64.21% respectively. The net profit attributable to shareholders also varied significantly during the same period [5] - In 2024, Degute's overseas business accounted for 59.28% of its revenue, with overseas project orders amounting to 215 million yuan. The company has maintained a gross margin of around 50% in international markets, which has positively impacted overall profitability [6]

Summary of Key Points Core Insights - The report highlights the suspension of multiple ETFs and REITs on June 30, 2025, to protect investor interests, indicating a significant market event that may impact investor sentiment and trading strategies [2][3][4]. Company and Industry Analysis - The Invesco S&P Consumer Select ETF (QDII) and the Guotai S&P 500 ETF are both set to suspend trading for one hour starting from the market opening on June 30, 2025, reflecting regulatory measures to safeguard investors [2]. - The CICC China Green Development Commercial REIT will also experience a one-hour suspension on the same date, emphasizing the trend of temporary trading halts in response to market conditions [2]. - The CICC Yizhuang Industrial Park REIT will suspend trading for one hour and resume at 10:30 AM on June 30, 2025, indicating a structured approach to managing trading activities [2]. - Several companies, including Tianmao Group and Alloy Investment, are facing special suspensions due to their inability to disclose periodic reports or due to planned control changes, which may signal underlying issues within these firms [2][3]. - The report lists numerous other securities that have been suspended for various reasons, including continuous losses and regulatory compliance issues, which could reflect broader challenges in the market environment [3][4][5].

Group 1 - Fengcai Technology is conducting an H-share issuance with a maximum price of 120.50 HKD per share, aiming to raise funds for its specialized chip business [1] - The global offering consists of 16.3 million shares, with 1.63 million shares available for public offering in Hong Kong [1] - Zijin Mining plans to acquire the Raygorodok gold mine project in Kazakhstan for 1.2 billion USD, enhancing its resource portfolio [1][2] Group 2 - Mindray Medical's shareholder plans to reduce holdings by up to 5 million shares, approximately 0.41% of the total share capital, due to personal funding needs [3] - Degute is planning to acquire control of Haowei Technology through a combination of cash and share issuance, leading to a temporary suspension of its stock [4] - New Dairy's controlling shareholder intends to reduce its stake by up to 3% of the total share capital, also for funding purposes [5] Group 3 - Yueyang Xinchang has resumed production after completing maintenance on its main production facilities, positively impacting its operations [6] - Chengdu Xian Dao has terminated its major asset restructuring plan due to failure to reach agreement on key terms [7] - Maglev Technology's shareholder plans to reduce its stake by up to 3% of the total share capital for personal financial arrangements [9] Group 4 - Zhongyan Dadi announced a cash dividend of 2.82 CNY per 10 shares and a capital increase of 3.99 shares per 10 shares [10] - Yunda Co. plans to distribute a cash dividend of 0.6 CNY per 10 shares, totaling approximately 47.22 million CNY [12] - Victory Co. intends to distribute a cash dividend of 0.42 CNY per 10 shares, amounting to around 36.06 million CNY [13] Group 5 - Shagang Group has invested 2.67 billion CNY in financial products while planning to use up to 8 billion CNY of idle funds for further investments [14] - Jiuyuan Yinhai's subsidiary won an 8.43 million CNY project contract, constituting a related party transaction [15] - China Railway Signal & Communication has announced the resignation of a board member due to personal reasons [16] Group 6 - China Rare Earth clarified that recent management changes have not affected its operations, ensuring stability in production [17] - Qixiang Tengda plans to conduct routine maintenance on its 60,000-ton acetone plant for 60 days to enhance operational safety [19] - ST King Kong's subsidiary signed a 399 million CNY contract for computing power services, indicating growth in its service offerings [20] Group 7 - Ziguang Guowei repurchased 775,500 shares for approximately 49.62 million CNY, reflecting confidence in its market position [22] - Qin Port's major shareholder plans to reduce its stake by up to 2% of the total share capital for development needs [22] - Longqi Technology has submitted an application for H-share issuance and listing on the Hong Kong Stock Exchange, expanding its market presence [24]