Core Viewpoint - Shaoyang Hydraulic plans to acquire 100% equity of Xincheng Hangrui through a combination of share issuance and cash payment, marking a significant step in expanding its high-end manufacturing capabilities [1] Group 1: Acquisition Details - The acquisition involves 38 shareholders, including Ling Jun and Deng Hongxin, and will also include a share issuance to no more than 35 specific investors to raise supporting funds [1] - Xincheng Hangrui specializes in the R&D, production, and sales of metal forging and casting products, which are widely used in various downstream industries such as energy, aviation, aerospace, and shipping [1] Group 2: Strategic Implications - This transaction allows Shaoyang Hydraulic to horizontally expand its high-end manufacturing product portfolio and deepen its layout in the high-end manufacturing industry [1] - The company aims to implement its development strategy through this acquisition, enhancing its position in the core basic components sector [1] Group 3: Stock Resumption - Shaoyang Hydraulic's stock will resume trading on July 7, 2025, following the completion of the acquisition process [1]

证券代码：301079 证券简称：邵阳液压 公告编号：2025-042 特此公告。 邵阳维克液压股份有限公司董事会 2025 年 7 月 4 日 1 邵阳维克液压股份有限公司（以下简称"公司"）拟通过发行股份及支付现 金方式购买凌俊、邓红新等 38 名交易对方持有的重庆新承航锐科技股份有限公 司（以下简称"新承航锐"）100%股份并募集配套资金（以下简称"本次交易"）。 公司于 2025 年 7 月 4 日召开第六届董事会第四次会议，审议通过了《关于 公司符合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条件的议案》 等议案。 鉴于本次交易标的资产的审计、评估等工作尚未完成，公司董事会决定暂不 提请召开股东会审议本次交易相关事项。待审计、评估工作完成后，公司董事会 将再次召开会议审议本次交易相关事项，依法定程序召集并提交股东会进行审 议。具体安排以届时发出的股东会通知为准。 邵阳维克液压股份有限公司 关于暂不召开股东会审议本次交易相关事项的公告 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。 ...

证券代码：301079 证券简称：邵阳液压 公告编号：2025-040 1、审议并通过《关于公司符合发行股份及支付现金购买资产并募集配套资 金暨关联交易条件的议案》 公司拟发行股份及支付现金购买重庆新承航锐科技股份有限公司（以下简称 "新承航锐"）100%的股份（以下简称"标的资产"）并募集配套资金暨关联交 易（以下简称"本次交易"）。 根据《公司法》《中华人民共和国证券法》（以下简称"《证券法》"）、 《上市公司重大资产重组管理办法》（以下简称"《重组管理办法》"）、《上 市公司证券发行注册管理办法》（以下简称"《发行管理办法》"）、《上市公 司监管指引第 9 号——上市公司筹划和实施重大资产重组的监管要求》（以下简 称"《监管指引第 9 号》"）等法律、法规及规范性文件的相关规定，经对公司 实际情况及相关事项进行认真自查论证后，董事会认为公司本次发行股份及支付 邵阳维克液压股份有限公司 第六届董事会第四次会议决议公告 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 邵阳维克液压股份有限公司（以下简称"公司"或"上市公司"）第六届董 ...

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: Mergers and Acquisitions Overview - During the period from June 23 to June 28, 2025, four listed companies announced new mergers and acquisitions, including Guotou Zhonglu, Shaoyang Hydraulic, Longyang Electronics, and Jianlong Micro-Nano, covering industries such as agriculture, machinery, electronics, and basic chemicals [1][6][9]. Group 2: Guotou Zhonglu - Guotou Zhonglu specializes in the production and sales of concentrated fruit and vegetable juices, with its main product being concentrated apple juice. The company operates on a B2B sales model and maintains long-term stable relationships with well-known beverage and food companies [1][6]. - The target company for this transaction is China Electronic Engineering Design Institute Co., Ltd., which has a registered capital of 9,242.74508 million yuan and was established on August 27, 1992 [1][6]. Group 3: Shaoyang Hydraulic - Shaoyang Hydraulic focuses on industrial transmission and high-end manufacturing, achieving domestic substitution of hydraulic products through independent research and technological innovation. In 2024, the R&D investment was 16,007,060.18 yuan, accounting for 4.56% of revenue [2][7]. - The company is planning to issue shares and pay cash to acquire a stake in Chongqing Xincheng Hangrui Technology Co., Ltd., which is expected to constitute a major asset restructuring [2][7]. Group 4: Longyang Electronics - Longyang Electronics primarily deals with electromagnetic shielding materials, with stable and significantly growing revenue. The company has a concentrated customer base among high-end brands, ensuring strong order support [2][7]. - The company plans to acquire 100% of Suzhou Deyou New Material Technology Co., Ltd. through cash payment, with funding sourced from part of the raised funds and its own capital [2][7]. Group 5: Jianlong Micro-Nano - Jianlong Micro-Nano is engaged in the research, production, sales, and technical services of molecular sieve adsorbents and catalysts in various fields, including industrial gas separation and renewable resources [3][8]. - The company is planning to acquire at least 51% of Shanghai Hanxing Energy Technology Co., Ltd. through cash payment, aiming to create a closed-loop integration from material research and process design to end services [3][8].

Core Viewpoint - The company is planning to issue shares and pay cash to acquire assets while raising supporting funds, which is expected to constitute a major asset restructuring but will not result in a restructuring listing [1][2]. Group 1: Transaction Details - The transaction is currently in the planning stage and carries uncertainties [1][2]. - The company will disclose relevant information according to the requirements of the "Guidelines for the Disclosure of Information by Companies Issuing Securities" within 10 trading days, specifically by July 7, 2025 [1]. Group 2: Stock Suspension - The company's stock will continue to be suspended to prevent abnormal price fluctuations during the transaction discussions [2]. - The company will actively promote the transaction and fulfill its information disclosure obligations based on the progress of the transaction [2].

截至本公告日，公司与相关各方正在就本次交易进行磋商、论证和确认。 鉴于本次交易相关事项尚存在不确定性，为维护投资者利益，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。 停牌期间，公司将积极推进各项工作，并根据本次交易相关事项的进展情 况及时履行信息披露义务。待相关事项确定后，公司将及时向深圳证券交易所 提交并披露符合相关规定的文件并申请股票复牌。公司所有信息均以在指定信 息披露媒体披露的内容为准，本次交易尚存在不确定性，敬请广大投资者关注 公司后续公告并注意投资风险。 停牌进展公告 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。 邵阳维克液压股份有限公司（以下简称"公司"）正在筹划发行股份及支付 现金购买资产并募集配套资金事项。根据《上市公司重大资产重组管理办法》 等相关规定，本次交易预计构成重大资产重组，不构成重组上市。鉴于本次交 易尚处于筹划阶段，存在不确定性。为保证公平信息披露、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，公司股票（证券简称：邵阳液压，证券代码：301079）自 ...

Core Viewpoint - Shaoyang Hydraulic (301079.SZ) has announced a suspension of trading to plan a major asset restructuring involving the acquisition of Chongqing Xincheng Hangrui Technology Co., Ltd. [1] Group 1: Company Actions - Shaoyang Hydraulic plans to acquire all or part of the shares of Xincheng Hangrui through a combination of issuing shares and cash payments, along with raising supporting funds [1] - The company has previously attempted a restructuring in 2023 to acquire 78% of Ningbo Weikes Hydraulic Co., Ltd., but this was terminated in February 2024 due to changes in market conditions [1][2] - In May 2024, Shaoyang Hydraulic planned to raise 150 million yuan from its controlling shareholder, but this plan was also terminated [2] Group 2: Financial Performance - In 2020, Shaoyang Hydraulic reported revenue of 338 million yuan and a net profit of 55.18 million yuan, which was the peak performance [4] - From 2021 to 2023, the company experienced a decline in revenue and net profit, with revenues of 375 million yuan, 301 million yuan, and 276 million yuan, and net profits of 50.93 million yuan, 50.13 million yuan, and 6.58 million yuan respectively [4] - In 2024, the company reported a revenue of 351 million yuan, a year-on-year increase of 27.33%, but a net profit of 6.40 million yuan, a decrease of 2.76% [4] - In Q1 2025, Shaoyang Hydraulic achieved a revenue of 61.08 million yuan, a year-on-year increase of 3.31%, but net profit and deducting non-recurring profit and loss were 810,300 yuan and 219,600 yuan, reflecting a decline of 49.45% and an increase of 171.21% respectively [5] Group 3: Market Activity - On June 20, 2024, the day before announcing the restructuring intention, Shaoyang Hydraulic's stock price hit the daily limit, closing at 31.9 yuan per share, with a year-to-date increase of 109% [3] - The company has faced regulatory scrutiny, with penalties imposed on individuals involved in insider trading related to its stock [2][3]

Core Viewpoint - Shaoyang Hydraulic is planning to acquire Chongqing Xinchenghangrui Technology Co., Ltd. through a share issuance and cash payment, aiming for a strategic partnership between two national-level specialized "little giant" enterprises in the hydraulic and high-end forging sectors [2][8]. Company Overview - Shaoyang Hydraulic, established in 1968, is a leading player in the hydraulic system industry and was the first A-share listed company in this sector in China [3]. - The company specializes in hydraulic piston pumps, cylinders, and overall hydraulic system solutions, serving various industries including construction machinery, metallurgy, and renewable energy [3]. Financial Performance - In 2023, Shaoyang Hydraulic reported total revenue of 276 million yuan, a year-on-year decrease of 8.32%, and a net profit of 6.58 million yuan, down 86.88% [3]. - For 2024, the company achieved revenue of 351 million yuan, a 27.33% increase, but net profit fell to 6.40 million yuan, a decline of 2.76% [3]. - In Q1 2025, revenue was 61.08 million yuan, up 3.31%, while net profit dropped 49.45% to 810,300 yuan [4]. Strategic Moves - The company previously terminated a 150 million yuan private placement plan, which may have been a preparatory step for the current acquisition [3]. - Shaoyang Hydraulic aims to enhance profitability through three strategies: technological innovation, cost control, and pursuing synergistic cooperation projects, with the acquisition of Xinchenghangrui being a concrete implementation of the latter [6]. Target Company Overview - Xinchenghangrui, established in 2004, specializes in high-end forging capabilities and has a comprehensive production capacity for various special materials [7]. - The company achieved a significant milestone in 2025 by delivering China's first large forging for ultra-supercritical steam turbines, marking a technological breakthrough in this field [8]. Market Context - The shift from an independent IPO plan to acquisition reflects changes in the current capital market environment, with a notable increase in M&A activities among A-share listed companies [8].

Core Viewpoint - The article discusses the planned acquisition of Chongqing Xincheng Hangrui Technology Co., Ltd. by Shaoyang Weike Hydraulic Co., Ltd. as a strategic move to strengthen their market positions amid performance pressures and the trend of domestic substitution in the industry [1][2]. Company Overview - Shaoyang Weike Hydraulic, established in 1968, is a leading player in the hydraulic systems sector and was the first A-share listed company in this field in China, listed on the ChiNext board in October 2021 [4]. - The company specializes in hydraulic piston pumps, cylinders, and overall hydraulic system solutions, serving various sectors including construction machinery, metallurgy, and renewable energy [4]. Financial Performance - In 2023, Shaoyang Weike Hydraulic reported a total revenue of 276 million yuan, a year-on-year decrease of 8.32%, and a net profit of 6.58 million yuan, down 86.88% year-on-year [4]. - For 2024, the company achieved a revenue of 351 million yuan, a year-on-year increase of 27.33%, but net profit declined to 6.40 million yuan, a decrease of 2.76% [5]. - In Q1 2025, revenue was 61.08 million yuan, up 3.31% year-on-year, while net profit fell to 810,300 yuan, down 49.45% year-on-year [6]. - The overall gross margin has been declining, from 34.33% in 2017 to 21.77% in 2024, a drop of 12.56 percentage points [6]. Strategic Moves - The company had previously terminated a 150 million yuan private placement plan, which may have been a preparatory step for the current acquisition [4]. - Shaoyang Weike Hydraulic aims to enhance profitability through three strategies: technological innovation, cost control, and seeking synergistic cooperation projects, with the acquisition of Xincheng Hangrui being a concrete implementation of the latter strategy [8]. Acquisition Details - Xincheng Hangrui, established in 2004, specializes in high-end forging and has capabilities in free forging, die forging, and precision casting, with products made from special materials like high-temperature alloys and titanium alloys [10]. - The company had previously planned to go public independently but shifted to being acquired, reflecting changes in the capital market environment [12].