编辑 王进雨 新京报贝壳财经讯 12月21日，观想科技公告称，公司正在筹划发行股份购买锦州辽晶电子科技股份有 限公司公司（简称"辽晶电子"）不低于60%的股权并募集配套资金事项，辽晶电子经营范围包括集成电 路、电力、电子元器件的设计、生产、销售等。因有关事项尚存不确定性，为了维护投资者利益，避免 对公司证券交易造成重大影响，公司股票自2025年12月22日起开始停牌。预计在不超过10个交易日的时 间内披露本次交易方案。若公司未能在上述期限内召开董事会审议并披露交易方案，公司证券最晚将于 2026年1月7日开市起复牌并终止筹划相关事项。 ...

Group 1 - The core point of the news is that Guanshang Technology (301213) is planning to issue shares to acquire assets and raise matching funds, leading to a suspension of its stock starting December 22, with a transaction plan expected to be disclosed within 10 trading days [2][7] - As of December 19, Guanshang Technology's stock price was 69.05 yuan per share, with a market capitalization of 5.524 billion yuan, reflecting a 3.35% increase [2] - The asset being acquired is Liao Jing Electronics Technology Co., Ltd. (referred to as "Liao Jing Electronics"), which is engaged in semiconductor integrated circuits and discrete devices [5] Group 2 - Guanshang Technology is in discussions with shareholders of Liao Jing Electronics, who collectively hold 67.69% of the company's shares [5] - Liao Jing Electronics, established in 2007, is recognized as a high-tech enterprise and has products used in various fields including aerospace and electronics [5] - The actual controller and chairman of Liao Jing Electronics is Su Zhou, who holds a direct stake of 36.41% [5][6] Group 3 - Guanshang Technology has signed a framework agreement with the main transaction counterparties, indicating a preliminary agreement on the asset purchase [7] - Since its listing on the ChiNext in December 2021, Guanshang Technology has faced challenges, with a reported revenue of 65.3643 million yuan for the first three quarters of 2025, a year-on-year increase of 4.86%, but a significant decline in net profit by 86.14% to 762,000 yuan [7]

Core Viewpoint - Company plans to acquire at least 60% stake in Liao Jing Electronics through share issuance and raise matching funds, with stock suspension starting December 22 [1] Group 1: Acquisition Details - The transaction is in the planning stage, with ongoing discussions with shareholders of Liao Jing Electronics, who hold a combined 67.69% stake [1] - A framework agreement for the equity acquisition has been signed with the main counterparties, indicating an intention to purchase assets [1] - Final terms such as share transfer quantity, price, payment method, and performance compensation will be determined in a formal agreement [1] Group 2: Company Profile of Liao Jing Electronics - Liao Jing Electronics, established in 2007, is a national high-tech enterprise specializing in semiconductor discrete devices and integrated circuit research and production [2] - The company is located in Jinzhou, covering approximately 34,000 square meters, with advanced research and production equipment [2] - Current production capacity includes 2 million semiconductor discrete devices and integrated circuits annually, along with other specific products [2] Group 3: Synergy with Guanshang Technology - Liao Jing Electronics has two subsidiaries focused on semiconductor technology, located in Sichuan, which aligns with Guanshang Technology's operations [3] - Guanshang Technology, founded in 2009, focuses on information technology applications in the military sector and has seen a significant decline in net profit since its IPO [3][4] - The company reported a net profit drop of 86.14% in the first three quarters of 2023, with management expenses increasing by nearly 30% [4]

Group 1 - The core announcement is that Guankang Technology is planning to issue shares to acquire assets and raise matching funds, leading to a suspension of its stock starting December 22 due to uncertainties surrounding the transaction [2] - The target for the acquisition is Liao Jing Electronics Technology Co., Ltd., with Guankang Technology in discussions with shareholders who collectively hold 67.69% of Liao Jing Electronics [2] - Liao Jing Electronics is recognized as a national-level specialized and innovative "little giant" enterprise, focusing on the development of small to medium-sized integrated circuits and discrete device products, with applications in aerospace, aviation, shipping, military, electronics, and nuclear physics [2] Group 2 - Guankang Technology's core business revolves around the application of self-controllable new-generation information technology in the military industry, providing full life cycle management systems and intelligent equipment control modules [2] - In the first three quarters of the year, Guankang Technology reported revenue of 0.65 billion yuan, a year-on-year increase of 4.86%, while its net profit after deducting non-recurring items was 15.68 thousand yuan, a significant decline of 93.93% year-on-year [2] - As of the market close on December 19, Guankang Technology had a total market capitalization of 55.24 billion yuan [2]

Core Viewpoint - Guanshang Technology plans to acquire over 60% stake in Liao Jing Electronics, leading to a stock suspension starting December 22 [3][6]. Group 1: Acquisition Details - Guanshang Technology intends to purchase at least 60% of the shares of Jinzhou Liao Jing Electronics Technology Co., Ltd. through a share issuance and raise supporting funds [6]. - The acquisition is currently in the planning stage, with negotiations ongoing with shareholders who collectively hold 67.69% of Liao Jing Electronics [6]. - A preliminary framework agreement for the share acquisition has been signed with the main transaction counterparties, with final terms to be established in a formal agreement [6]. Group 2: Company Background - Liao Jing Electronics was established in January 2007, with a registered capital of 57 million yuan, focusing on integrated circuits, electronic components, and microelectronics [6]. - Guanshang Technology, founded in 2009, specializes in computer hardware and software, communication technology research, and business development management [7]. Group 3: Financial Performance - In the first three quarters of the year, Guanshang Technology reported total revenue of 65.3643 million yuan, a year-on-year increase of 4.86%, while net profit attributable to shareholders decreased by 86.14% to 763,000 yuan [8]. - As of December 19, Guanshang Technology's stock price was 69.05 yuan per share, with a market capitalization of 5.5 billion yuan [9].

Core Viewpoint - Guanshang Technology plans to acquire over 60% of Liao Jing Electronics' shares, leading to a stock suspension starting December 22 [2][3]. Group 1: Acquisition Details - Guanshang Technology intends to purchase at least 60% of the shares of Jinzhou Liao Jing Electronics Technology Co., Ltd. through a share issuance and raise matching funds [3]. - Liao Jing Electronics, established in January 2007, has a registered capital of 57 million yuan and operates in integrated circuits, electronic components, microelectronics, and related services [3]. - The company is currently negotiating with shareholders holding a total of 67.69% of Liao Jing Electronics' shares and has signed a framework agreement for the acquisition [3]. Group 2: Financial Performance - In the first three quarters of the year, Guanshang Technology reported total revenue of 65.3643 million yuan, a year-on-year increase of 4.86%, while net profit attributable to shareholders dropped by 86.14% to 763,000 yuan [4]. - As of December 19, Guanshang Technology's stock price was 69.05 yuan per share, with a market capitalization of 5.5 billion yuan [4].

Group 1 - The core point of the article is that Sichuan Guanshang Technology Co., Ltd. is planning to issue shares to acquire at least 60% of the equity of Jinzhou Liaojing Electronic Technology Co., Ltd. and will suspend trading for up to 10 trading days starting December 22, 2025 [1] - The acquisition is in the planning stage, with the final transaction counterparties, pricing, and share transfer quantities yet to be determined, pending the signing of a formal share purchase agreement [1] - The company has signed a framework agreement with shareholders holding 67.69% of Liaojing Electronic, indicating a preliminary acquisition intention [1] Group 2 - Liaojing Electronic, established on January 23, 2007, has a registered capital of 57 million yuan and is based in Jinzhou, Liaoning Province, focusing on integrated circuits, power electronic components, and microelectronic product packaging [1] - If the company fails to disclose the transaction plan by the deadline, its stock will resume trading on January 7, 2026, and the related planning will be terminated [2] - The company went public on December 6, 2021, issuing 20 million shares at a price of 31.50 yuan per share, but has faced consecutive losses in 2023 and 2024 [2]

36氪获悉，观想科技公告，公司正在筹划发行股份购买锦州辽晶电子科技股份有限公司公司（简称"辽 晶电子"）不低于60%的股权并募集配套资金事项，辽晶电子经营范围包括集成电路、电力、电子元器 件的设计、生产、销售等。因有关事项尚存不确定性，为了维护投资者利益，避免对公司证券交易造成 重大影响，公司股票自2025年12月22日起开始停牌。预计在不超过10个交易日的时间内披露本次交易方 案。若公司未能在上述期限内召开董事会审议并披露交易方案，公司证券最晚将于2026年1月7日开市起 复牌并终止筹划相关事项。 ...

Core Viewpoint - The company, Guanshang Technology, is planning to issue shares to acquire assets and raise matching funds, leading to a suspension of its stock trading starting December 22, 2025, due to uncertainties surrounding the matter [1][4]. Group 1: Announcement Details - The company will disclose the transaction plan within 10 trading days, by January 7, 2026, in accordance with relevant disclosure regulations [4]. - If the company fails to hold a board meeting and disclose the transaction plan by the deadline, trading will resume on January 7, 2026, and the company will terminate the planning of the asset acquisition [4]. - The target for this transaction is Liao Jing Electronics Technology Co., Ltd., which has a registered capital of 57 million yuan and is involved in the design, production, and sales of integrated circuits and electronic components [4][5]. Group 2: Transaction Progress - The company has signed a framework agreement with the main transaction counterparties, indicating a preliminary intention to purchase assets [5]. - The final terms of the share transfer, including quantity, ratio, price, payment method, and other arrangements, will be determined in a formal share acquisition agreement [5]. Group 3: Company Background - Guanshang Technology, established in 2009, focuses on research and development in computer hardware and software, as well as communication technology [5]. - The company operates in the military industry, providing lifecycle management systems and intelligent equipment control modules [5]. Group 4: Financial Performance - In the third quarter, the company reported revenue of 24.32 million yuan, a slight decrease of 1.72%, and a net loss attributable to shareholders of 663,600 yuan [6]. - As of December 19, the company's stock price increased by 3.35% to 69.05 yuan per share, with a total market capitalization of 5.524 billion yuan, reflecting a year-to-date increase of over 60% [7].

Core Viewpoint - Company is planning to issue shares to acquire assets and raise matching funds, with stock suspension starting December 22, 2025, and a transaction proposal expected within 10 trading days [1][7]. Group 1: Acquisition Details - The target for the acquisition is Jinzhou Liaojing Electronic Technology Co., Ltd. (Liaojing Electronics), established in 2007, focusing on integrated circuits, electronic components, and microelectronics [3][9]. - Liaojing Electronics is controlled by Su Zhou, who holds a 36.41% stake, and has invested in four companies, three of which are still operational [4][9]. - Company intends to acquire at least 60% of Liaojing Electronics' shares and has signed a framework agreement with the main counterparties, although the final terms remain uncertain [4][10]. Group 2: Company Operations and Technology - Company aims to apply new generation information technology in the defense and military sectors, providing comprehensive solutions for equipment information and management [4][10]. - It has developed a product matrix that integrates high computing power, cloud collaboration, and autonomous operation capabilities, supporting the entire chain of military manufacturing [5][10]. - The products are utilized across various sectors, including smart equipment management, education, healthcare, and emergency response, facilitating digital transformation and intelligent upgrades [5][10]. Group 3: Recent Stock Activity - As of December 19, the company's stock closed at 69.05 yuan, reflecting an increase of 2.24 yuan, or 3.35% [6][12]. - Earlier, on July 17, the controlling shareholder planned to transfer 4 million shares (5% of total shares) at a price of 44.14 yuan per share, totaling 177 million yuan, without changing the controlling shareholder [5][11].