Group 1 - The core point of the article is that 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 payment [2][4] - The acquisition targets, Xizhi Precision and Maida, focus on the micro-drill business essential for PCB manufacturing and are recognized as high-tech enterprises specializing in high-end drill research and production [3][5] - The company has signed a letter of intent with the controlling shareholder of the target companies, Xiamen Maida Intelligent Technology Co., Ltd., and plans to disclose the transaction scheme by February 2, 2026 [4][5] Group 2 - The two target companies, established in 2022, are engaged in the research, production, and sales of micro-drills, providing specialized micro-hole processing technology solutions for leading global PCB clients [5][6] - PCB drill bits are essential core consumables in the PCB manufacturing process, enabling precise drilling to create stable connections for electronic components and signal transmission [6] - The products of 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]

Core Viewpoint - The company, Minbao Optoelectronics, is planning to acquire 100% equity of Xiamen Xazhi Precision Technology Co., Ltd. and Jiangxi Maida Intelligent Technology Co., Ltd. through a combination of issuing shares and cash payment, while also raising matching funds [1] Group 1: Acquisition Details - The acquisition targets, Xiamen Xazhi and Jiangxi Maida, focus on the research, production, and sales of micro drill needles, which are essential consumables in PCB manufacturing [1] - The company has signed a Letter of Intent for Acquisition with the counterparties, indicating a commitment to proceed with the purchase of the target companies [1] Group 2: Industry Context - PCB drill needles serve a critical function in PCB manufacturing by enabling precise drilling to create connections between circuit board layers, which is fundamental for signal transmission and functional integration of electronic components [1] - The company specializes in high-end drill needle research and production, particularly excelling in the development and manufacturing of ultra-small diameter micro drills used in PCB, FPC, IC substrates, and AI PCB processing [1]

Core Viewpoint - Minexplosion Optoelectronics is planning to acquire 100% of the shares of Xiamen XZ Precision Technology Co., Ltd. and Jiangxi Maida Intelligent Technology Co., Ltd. from Xiamen Maida, and is in the process of raising matching funds for this acquisition [2][5]. Group 1: Acquisition Details - The acquisition involves issuing shares and cash payments, with a signed letter of intent between Minexplosion Optoelectronics and Xiamen Maida [2]. - The transaction is currently in the planning stage, and no formal agreement has been signed yet, indicating uncertainty in the finalization of the deal [2]. - The acquisition requires internal decision-making processes and approval from regulatory authorities, which adds to the uncertainty of the transaction [2]. Group 2: Target Companies - Xiamen XZ Precision Technology Co., Ltd. focuses on the research, production, and sales of micro-drilling needles, serving major global PCB manufacturers with specialized micro-hole processing technology solutions [5]. - The core product of Xiamen XZ Precision includes tungsten micro-drills for PCB, FPC, IC substrates, and AI PCB processing, with sizes ranging from 0.09mm to 0.35mm, particularly excelling in micro-drills below 0.20mm [5]. - Jiangxi Maida Intelligent Technology Co., Ltd. also operates in the field of artificial intelligence application software development and metal processing machinery manufacturing [6]. Group 3: Company Background - Minexplosion Optoelectronics is a national-level specialized and innovative "little giant" enterprise engaged in the R&D, production, and sales of LED green lighting products, with business segments in commercial and industrial lighting [7]. - The company has expanded into areas such as plant lighting, emergency lighting, explosion-proof lighting, and beauty lighting in recent years [7]. - For the first three quarters of 2025, Minexplosion Optoelectronics reported total revenue of 1.23 billion yuan, a slight decrease of 0.04% year-on-year, and a net profit attributable to shareholders of 150 million yuan, down 19.75% year-on-year [7].

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]

目前，民爆光电已与标的公司控股股东厦门麦达智能科技有限公司（以下简称"厦门麦达"）签署了《收 购意向协议》。拟通过向厦门麦达发行股份及支付现金的方式，购买其持有的标的公司100%股权。交 易价格将以资产评估机构出具的评估结果为基础，经各方协商确定。 据悉，民爆光电是一家专注于绿色照明业务领域的高新技术企业，主要从事LED照明产品的研发、设 计、制造、销售及服务。 2025年11月份，公司相关负责人在接受机构调研时表示，2025年前三季度，公司特种照明增速最快，同 比增长50%，营收占比由去年同期的4.72%提升至7.10%。目前公司的特种照明包括植物照明、应急照 明、医美照明、防爆照明四个板块。公司非常重视特种照明的投入，每个板块都成立了独立公司精细化 运营，专注于单一领域进行研发和市场投入，未来2年至3年每个板块的目标是做到1亿元至1.5亿元的收 入。未来公司也会考虑以内部孵化或者外延并购的形式布局功能型健康照明、航空照明、海洋照明等细 分领域。 本报讯 （记者王镜茹）1月18日晚，深圳民爆光电股份有限公司（以下简称"民爆光电"）发布公告称， 公司正在筹划通过发行股份及支付现金的方式购买资产并募集配套资金。 ...

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 ...

北京商报讯（记者 王蔓蕾）1月18日晚间，民爆光电（301362）披露公告称，公司拟通过向厦门麦达以 发行股份及支付现金的方式购买其持有的厦门厦芝精密科技有限公司（以下简称"厦芝精密"）和江西麦 达智能科技有限公司（以下简称"江西麦达"）100%的股份。公司股票自1月19日起停牌。 公告显示，本次交易预计不构成重大资产重组。此外，预计本次交易亦不构成关联交易。本次交易不会 导致公司实际控制人发生变更，不构成重组上市。厦芝精密和江西麦达聚焦微型钻针的研发、生产与销 售，深耕PCB制造核心耗材领域，为全球PCB龙头客户提供专业的微孔加工技术解决方案。 民爆光电表示，公司预计在不超过10个交易日的时间内披露本次交易方案，即在2月2日前披露相关信 息。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，公司最晚将于2月2日开市起复牌并终止 筹划相关事项。 ...