Core Viewpoint - Minexplosion Optoelectronics is planning to acquire 100% of the shares of Xiamen Xizhi Precision Technology Co., Ltd. and Jiangxi Maida Intelligent Technology Co., Ltd. from Xiamen Maida, and will raise matching funds for this transaction [1][6]. Group 1: Acquisition Details - The acquisition involves issuing shares and cash payments, with a signed letter of intent between Minexplosion Optoelectronics and Xiamen Maida [1][6]. - The stock of Minexplosion Optoelectronics will be suspended from trading starting January 19 [1][6]. - The transaction is still in the planning stage, and formal agreements have not yet been signed, indicating uncertainty in the process [2][7]. Group 2: Company Profiles - Xiamen Xizhi Precision Technology Co., Ltd. focuses on the research, production, and sales of micro-drilling needles, serving major PCB manufacturers with precision drilling solutions [3][8]. - Jiangxi Maida Intelligent Technology Co., Ltd. is also involved in similar sectors, emphasizing artificial intelligence application software development and metal processing machinery [4][9]. Group 3: Financial Performance - Minexplosion Optoelectronics reported total revenue of 1.23 billion yuan for the first three quarters of 2025, a slight decrease of 0.04% year-on-year, with a net profit of 150 million yuan, down 19.75% year-on-year [5][10].

Core Viewpoint - Minbao Optoelectronics is expanding its business into the core consumables field of PCB manufacturing by planning to acquire 100% equity of Xiamen Xizhi Precision Technology Co., Ltd. and Jiangxi Maida Intelligent Technology Co., Ltd. through a combination of issuing shares and cash payments [2][4]. Group 1: Acquisition Details - The acquisition involves two companies focused on micro-drill needle business essential for PCB manufacturing, both of which are high-tech enterprises specializing in high-end drill needle research and production [3][5]. - Minbao Optoelectronics' stock will be suspended from trading starting January 19, 2026, for a period not exceeding 10 trading days [3]. - The company has signed a letter of intent with the controlling shareholder of the target companies, Xiamen Maida Intelligent Technology Co., Ltd., and will disclose the transaction plan by February 2, 2026 [4]. Group 2: Target Companies Overview - Jiangxi Maida was established on January 14, 2022, with a registered capital of 10 million yuan, while Xizhi Precision was founded on March 3, 2022, with a registered capital of 20 million yuan [5]. - Both companies focus on the research, production, and sales of micro-drill needles, providing specialized micro-hole processing technology solutions for leading global PCB clients [5][6]. Group 3: Importance of PCB Drill Needles - PCB drill needles are essential core consumables in PCB manufacturing, enabling precise drilling to create stable connections for electronic components and signal transmission [6]. - The products from the target companies cover sizes from 0.09mm to 0.35mm, with a particular expertise in developing and manufacturing micro-drills with diameters below 0.20mm [6].

Group 1 - Fenglong Co., Ltd. has completed the suspension review and will resume trading on January 19 [1] - Rongbai Technology is under investigation by the China Securities Regulatory Commission for potentially misleading statements regarding a major contract [1] - Rongbai Technology estimates a total contract amount of 120 billion yuan with CATL [1] Group 2 - Minexplosion Optoelectronics is planning to acquire Xiazhi Precision and Jiangxi Maida, both of which focus on core consumables in PCB manufacturing [1] - Yanjing Co., Ltd. intends to purchase 98.54% equity of Yongqiang Technology, expanding its business into high-end electronic interconnection materials for integrated circuits [1] Group 3 - Tianyuan Intelligent's actual controller and chairman, Wu Yizhong, has been detained [1] - Tiantie Technology's actual controller, Xu Jiding, has had his compulsory measures changed to bail pending trial [1] Group 4 - Guolian Minsheng expects a net profit increase of approximately 406% year-on-year for 2025 [1] - Oke Yi anticipates a net profit increase of 67.53% to 91.96% year-on-year for 2025 [1] Group 5 - Tiandi Source forecasts a net loss of 900 million to 1.35 billion yuan for 2025 [1] - Gui Guang Network expects a net loss of 1.07 billion to 1.35 billion yuan for 2025 [1] - Aisheng Co., Ltd. projects a net loss of 1.2 billion to 1.9 billion yuan for 2025 [1] - Longi Green Energy anticipates a net loss of 6 billion to 6.5 billion yuan for 2025 [1] - Tongwei Co., Ltd. expects a net loss of 9 billion to 10 billion yuan for 2025 [1] Group 6 - Weisi Medical's actual controller's concerted action party plans to reduce its stake in the company by no more than 3% [1] - Chuhuan Technology's pre-IPO employee stock ownership platform intends to reduce its stake in the company by no more than 3% [1] - Sandam Membrane's Qingyuan China plans to reduce its stake in the company by no more than 3% [1]

Group 1 - The core point of the article is that Shenzhen Minbao Optoelectronics Co., Ltd. is planning to acquire 100% equity of Xiamen Xizhi Precision Technology Co., Ltd. and Jiangxi Maida Intelligent Technology Co., Ltd. through a combination of issuing shares and cash payment, with the transaction expected to be disclosed by February 2, 2026 [1][2] - The target companies, Xizhi Precision and Maida Intelligent, focus on the research, production, and sales of micro-drilling needles, which are essential consumables in the PCB manufacturing sector [1] - PCB drilling needles are critical for creating precise holes in circuit boards, enabling stable connections for electronic components, thus serving as fundamental devices for signal transmission and functional integration in PCBs [1] Group 2 - Minbao Optoelectronics has signed a letter of intent for acquisition with the controlling shareholder of the target companies, Xiamen Maida Intelligent Technology Co., Ltd., and the transaction price will be based on evaluations from an asset appraisal agency [2] - Minbao Optoelectronics is a high-tech enterprise focused on the green lighting sector, primarily engaged in the R&D, design, manufacturing, sales, and service of LED lighting products [2] - The company reported a 50% year-on-year growth in its special lighting segment for the first three quarters of 2025, with revenue contribution increasing from 4.72% to 7.10% [2]

Core Viewpoint - Shenzhen Minbao Optoelectronics Co., Ltd. is planning to acquire 100% equity of Xiamen Xazhi Precision Technology Co., Ltd. and Jiangxi Maida Intelligent Technology Co., Ltd. through a combination of share issuance and cash payment, with the transaction details expected to be disclosed by February 2, 2026 [1][2] Group 1: Acquisition Details - The acquisition involves purchasing the entire equity of the target companies, which specialize in the research, production, and sales of micro-drilling needles, a core consumable in PCB manufacturing [1][2] - The transaction price will be based on the evaluation results from an asset appraisal agency and will be determined through negotiations among the parties involved [2] Group 2: Company Background - Minbao Optoelectronics is a high-tech enterprise focused on the green lighting business, primarily engaged in the R&D, design, manufacturing, sales, and service of LED lighting products [2] - The company has seen significant growth in its specialty lighting segment, with a 50% year-on-year increase in revenue for the first three quarters of 2025, raising its revenue share from 4.72% to 7.10% [2] - The specialty lighting includes four segments: plant lighting, emergency lighting, medical beauty lighting, and explosion-proof lighting, with each segment aiming for revenue of 100 million to 150 million yuan in the next 2 to 3 years [2]

作为本次收购的发起方，民爆光电是一家专业从事LED绿色照明灯具产品的研发、生产和销售的国家级 专精特新"小巨人"企业。公司主要通过ODM模式为境外区域品牌商和工程商提供个性化、多样化的照 明产品，现有业务可分为商业照明、工业照明及特种照明(如植物照明、美容照明、防爆照明、应急照 明等)三大业务板块。 值得一提的是，在2025年11月举行的业绩说明会上，民爆光电曾表示，内生增长和外延并购都是公司发 展壮大的重要途径，公司会结合市场行情、公司发展需要等实际情况，适时选择合适方式进行战略布 局。 据厦门麦达官方网站介绍，该公司整合了原创信系列企业(始于2006年)以及厦门厦芝科技工具有限公司 (始于1995年)的业务资源，于2020年正式成立。厦门麦达下设厦芝精密与江西麦达两家全资子公司。 作为专业的硬脆材料加工方案提供商，厦门麦达整合后业务内容涵盖高精密机床设备、钨钢工具、PCB 微钻及PCD&CBN工具等产品的研发、生产与销售，凭借多年积累的核心研发设计能力与精湛工艺技 术，为硬脆材料加工领域及航空航天行业、医疗机械行业、半导体行业、纺织行业、消费性电子行业、 模具行业等多个高端领域，提供定制化的设备、精密工具 ...

Core Viewpoint - The company, Minbao Optoelectronics, plans to acquire 100% of Xiamen Xazhi Precision Technology Co., Ltd. and Jiangxi Maida Intelligent Technology Co., Ltd. through a combination of issuing shares and cash payment, with the stock suspension starting from January 19 [1] Group 1: Transaction Details - The transaction is expected not to constitute a major asset restructuring [1] - It is also anticipated that the transaction will not be classified as a related party transaction [1] - The acquisition will not lead to a change in the actual controller of the company and does not qualify as a restructuring listing [1] Group 2: Business Focus - Xiamen Xazhi and Jiangxi Maida specialize in the research, production, and sales of micro-drilling needles, focusing on core consumables in PCB manufacturing [1] - They provide professional micro-hole processing technology solutions for leading global PCB clients [1] Group 3: Timeline and Disclosure - The company is expected to disclose the transaction plan within 10 trading days, by February 2 [1] - If the company fails to hold a board meeting and disclose the transaction plan by the deadline, it will resume trading on February 2 and terminate the related planning [1]

Group 1 - The company, Minbao Optoelectronics, is planning to issue shares and pay cash to acquire assets and raise supporting funds, referred to as "this transaction" [1][2] - This transaction is not expected to constitute a major asset restructuring or a related party transaction, and it will not lead to a change in the actual controller of the company [1][2] - The company has announced a suspension of its stock trading starting January 19, 2026, to ensure fair information disclosure and protect investor interests [2] Group 2 - The company plans to acquire 100% equity of the target companies, Xiamen Zhizhi Precision Technology Co., Ltd. and Jiangxi Maida Intelligent Technology Co., Ltd., from its controlling shareholder, Xiamen Maida Intelligent Technology Co., Ltd. [2][3] - The transaction is still in the planning stage, and specific details regarding the transaction method and plan will be disclosed in future announcements [3]

Core Viewpoint - The company Minexplosion Optoelectronics (301362.SZ) is planning to issue shares and pay cash to acquire assets and raise matching funds, with its stock set to be suspended from trading starting January 19, 2026 [1] Group 1: Acquisition Details - The target companies for the acquisition are Xiamen Zhizhi Precision Technology Co., Ltd. and Jiangxi Maida Intelligent Technology Co., Ltd. [1] - Both target companies focus on the research, production, and sales of micro drill needles, specializing in core consumables for PCB manufacturing [1] Group 2: Industry Significance - PCB drill needles are essential core consumables in PCB manufacturing, enabling precise drilling to create inter-layer connections on circuit boards [1] - These components are fundamental for signal transmission and functional integration in electronic devices [1] Group 3: Product Specialization - The companies involved are high-tech enterprises dedicated to the R&D and production of tungsten steel micro drills for PCB, FPC, IC substrates, and AIPCB processing [1] - Their core products cover sizes from 0.09mm to 0.35mm, with a particular expertise in micro drills with diameters below 0.20mm [1]

Core Viewpoint - The company is planning to issue shares and pay cash to acquire assets and raise matching funds, with its stock suspended from trading starting January 19, 2026 [1] Group 1: Acquisition Details - The target companies for the acquisition are Xiamen Xizhi Precision Technology Co., Ltd. and Jiangxi Maida Intelligent Technology Co., Ltd. [1] - Both target companies focus on the research, production, and sales of micro drill bits, specializing in core consumables for PCB manufacturing [1] Group 2: Industry Significance - PCB drill bits are essential core consumables in PCB manufacturing, enabling precise drilling to create inter-layer connections on circuit boards [1] - The core function of these drill bits is to establish stable connections for electronic components, which is fundamental for signal transmission and functional integration in PCBs [1] Group 3: Product Specialization - The company specializes in high-end drill bit research and production, with core products including tungsten steel micro-drills for PCB, FPC, IC substrates, and AIPCB processing [1] - The size range of the drill bits produced spans from 0.09mm to 0.35mm, with particular expertise in manufacturing micro-drills below 0.20mm [1] Group 4: Transaction Status - The acquisition is currently in the planning stage, with the preliminary identified counterparty being Xiamen Maida Intelligent Technology Co., Ltd., which holds 100% equity of the target companies [1]